"Question is, what do we need to do as far as the IRS is concerned? I mean we'll get the money from them and pay it back less than two months later. You're probably worried about the gift tax. Since you're a couple, the maximum exclusion amount is calculated like this: The reason the Pg multiplier stands separate is that gift splitting does require form 709 filed even if no tax is due, unless they actually write separate checks for their respective portions. So the math shows that you and your wife can get at least $28K from anyone without the need of gift tax to be paid or gift tax return to be filed. You can get up to $56K from your parents, but the gift splitting may need to be documented on form 709. Since you're in fact talking about a loan you're going to repay, you'll need to document it (with a note and everything), and document the repayment. If interest is being paid - your parents must declare it on their tax return for the year, obviously. In this case, if the loan is properly documented, repaid and the interest is declared, the IRS won't even bother claiming it was a gift. Even if there's no real interest, it shouldn't be an issue (the IRS might assign some ""deemed"" interest at their rates that would be considered a gift, but assuming no other gift transactions between you exist for the year the amount would be miniscule and way below the $14K exclusion level). Of course, as with any tax concern, you get here what you paid for. For a proper advice talk to a tax adviser (EA/CPA) licensed in your State."


"I don't agree with your ""the efficiency argument is really null, if you consider a gift economy"", but I upvoted because your post delivers interesting point of view. Gift economy maybe good at keeping people alive and maybe even happy. But as harsh as it sound the efficiency here is about organizing production, not about keeping people alive."


This only indirectly answer your question, but Schwab investor checking account has no fee, no minimum balance, and will reimburse all ATM fee (inside and outside the US)


I recently made the switch to keeping track of my finance (Because I found an app that does almost everything for me). Before, my situation was fairly simple: I was unable to come up with a clear picture of how much I was spending vs saving (altho I had a rough idea). Now I here is what it changes: What I can do now: Is it useful ? Since I don't actually need to save more than I do (I am already saving 60-75% of my income), 1) isn't important. Since I don't have any visibility on my personal situation within a few years, 2) and 3) are not important. Conclusion: Since I don't actually spend any time building theses informations I am happy to use this app. It's kind of fun. If I did'nt had that tool... It would be a waste of time for me. Depends on your situation ? Nb: the app is Moneytree. Works only in Japan.


Operationally they wouldn't be too bad off if not for their debt. With declining sales and powerful competitors, they lack the cash flow to both compete and pay off their debt as it matures and while they've been able to refinance so far the doom and gloom outlook that some investors have right now on retailers makes it harder. If they could restructure they would come out in pretty decent shape though.


“Burt Malkiel is still the high priest of passive investing,” said Jakub Jurek, vice president for research at Wealthfront. “To be absolutely clear, we’re not stock pickers. There are decades of research on active investors, which show they underperform.” So ... not really straying, just promoting a somewhat more sophisticated model based on algos (robo-investors?)


Waking up early is not a conscious process, it is a process controlled by your sub-conscious mind. Thus simply using will power of the conscious mind wont help, you must program your sub-conscious mind to wake up early. If right now you are facing problems in getting up early that’s because your sub-conscious mind is programed to get up late thus your conscious mind struggles in the morning. https://www.miteshkhatri.com/how-to-wake-up-early/


Rolling a 401(k) to an IRA should be your default best option. Rolling a 401(k) to another 401(k) is rarely the best option, but that does happen. I've done it once when I started a job at a company that had a great 401(k) with a good selection of low-cost mutual funds. I rolled the 401(k) from one previous job in to this 401(k) to take advantage of it. In all other cases, I rolled 401(k)s from previous jobs to my Rollover IRA, which gave me the most freedom of investment options. Finally, with 401(k)-to-Roth IRA rollovers, it's important to decouple two concepts so you can analyze it as a sum of two transactions:


In Massachusetts, we have a similar law. Each tenant fills out a W9 and the account is in their name. You need to find a bank willing to do this at no cost, else fees can be problematic. With today's rates, any fee at all will exceed interest earned.


When I said that unbundling is a good thing for consumers, I was implicitly assuming that the market is competitive. For example, consider how the unbundling of various services in the airline industry has made air travel much more affordable. I think that the same can happen in the telecom industry. I agree with you that if the telecom industry is oligopolistic then the customer can get screwed, but this can happen whether services are bundled or unbundled. Oligopolies are bad for the customer in general.


Honestly, the best way to manage this risk is to manage your savings appropriately. Many experts recommend that maintain a reasonably liquid account with 6-9x your minimum monthly expenses for just this occurrence. I know, easier said than done. Right? As for insurance, I can only speak for what is the case in the US. Here, most mortgages will require you to get PMI insurance until you have at least 20% equity in your house. However, that insurance only protects the BANK from losing money if you can't pay. It doesn't save you from foreclosure or ruining your credit. Really, the type of insurance you are talking about is Unemployment insurance which all states in the US make available to workers via deductions from their paycheck. The best advice, I suppose, is to keep your expenses low enough to cover them with an unemployment check until you have accumulated enough savings to get through a rough patch. That may mean buying a less expensive home, or just waiting until you have saved a bigger down payment. If you didn't plan ahead, and you are already in the house, another option might be to extend your mortgage. For example from a 20 to a 30 year to reduce your payments to a manageable level. A more risky option might be to convert to a variable rate loan temporarily, which typically carries a lower interest rate. However, it might be hard to secure a new loan if you don't currently have an income.


Basic economics in no way guarantees that you can distort the market at will and suffer no ill effects. Really it says just the opposite. That may be left wing propaganda that you have confused with basic economics. A livable salary, being far more than $15/hour for many, is an even worse idea.


You can go to Goodwill or a used book store in town and find a college level textbook Economics courses are usually broken down into General Econ, Micro Econ and Macro Econ... after those you can into more focus aspects of economics like Economies of Scale and history.. You can look up more about opportunity costs, supply and demand, guns and butter.. that's what I remember from my General Econ courses. --- Also, this sub doesn't really have anything to do with Economics as far as academics goes. It's more about the current events of economic policy.


I got sucked into working with a tech company when I was striving to be an Investment banker in San Francisco. I can't stress enough how much better I have it now working with a great tech company, with great pay, flexible hours and great vacation time. But i'll admit, sometimes it feels like we're in our own little flourishing world.


We provide addiction recovery program both group and individual therapy in the world. We focus on relapse prevention, healthy coping skills, and communication skills needed for successful recovery. If you want to leave the addiction, then you can visit our Drug abuse treatment center. We provide the best drug and alcohol treatment service. Our all experienced staff help patients reduce drug seeking and related criminal behavior and help them become more open to behavioral treatments.


She said he's been in business for 3 years and I've Googled it and found it to be accurate from the paperwork I've seen that's public knowledge. I know this isn't a get-rich-quick thing bc hard work and money went into making and building not only a business but a brand as well. Brand building is a lot harder than business building. Anyone can get a loan with decent enough credit and open up a shop: it's keeping people coming in that is the hard part. I understand all areas of this business except for the growing part. I've never known how to grow weed or the technicalities it takes to maintain healthy plants and things. I'm just looking to invest in something I believe in because weed shouldn't be illegal and the medicinal reports state that it's far from a gateway drug or anything of the sort. I do wanna thank you for (so far) being the nicest reply to my post. We seem to have some haters and naysayers on here who like to just start shit and while you may find it hard to believe that I'm trying to just get rich, that simply isn't the case. I believe her and I believe in her so I know what she's trying to do is all legit


You can't Your problem is that no one will value you new currency call it bytecoin. People will ask why is the bytecoin worth anything and you don't have an answer. You employees will have worthless currency and be effectively making under minimum wage. Its the same as if you printed Charles dollars with your face instead of George Washington, no one would take them for real money or be willing to trade them for services or food. Bitcoin's basis of value is that many people will trade real services or other currencies for it, but it took decades for this willingness to use bitcoin to build, and mostly because of the useful features of bitcoin, it can protect anonymity is easy to transfer world wide and many more. Even with those features the value of bitcoin is very volatile and unreliablie because it lacks backing. How many decades are your employees willing to wait, what amazing new features will you nontechnical staff add that bitcoin lacks?


The other factor in increasing disability claims is that during an up economy, someone with a disability can probably get a job doing what little they are able to. Go through a down turn, and no employer is going to hire a worker that has a known disability that might in any way limit their productivity. So having a disability can go from having a lower paid job, to having no job and no chance of getting one.


It sounds like they are matching your IRA contribution dollar for dollar up to 1% of your salary. Think of that as an instant 100% yield on your investment. (Your money instantly doubles.) My 401(k) has been doing pretty well over the last year, but it will take several years before my money doubles. So you can let it sit in cash for a year, then take some pretty hefty fees and you will probably still come out ahead. (Of course it's hard to say without knowing all of the fees.)


"Buying now with a mortgage gets you: Waiting to buy with all cash gets you: These are also some of the pros or cons for the rent or buy dilemma that Paul mentioned in comments to the OP. This is a very complex, multi-faceted question, that would not respond well to being put into any equation or financial model. Most people answer the question with ""buy the home now with a mortgage"" if they can pay for the down payment. This is why the mortgage industry exists. The people who would want to finance now rather than buy with all cash later would not only be analyzing the question in terms of financial health but also in terms of general well being. They might consider the tremendous pride that comes with home ownership and living under a roof of one's own. Who can say that those people are wrong?"


i will not calculate it for you but just calculate the discounted cash flow (by dividing with 1.1 / 1.1^2 / 1.1^3 ...)of each single exercise as stated and deduct the 12.000 of the above sum. in the end compare which has the highest npv


Here is another choice I like, iShares JPMorgan USD Emerging Markets Bond (EMB) Here is the world ETFs


"Should is a very ""strong"" word. You do what makes most sense to you. Should I be making a single account for Person and crediting / debiting that account? You can do that. Should I be creating a loan for Person? And if so, would I make a new loan each month or would I keep all of the loans in one account? You can create a loan account (your asset), you don't need to create a new account every time - just change the balance of the existing one. That's essentially the implementation of the first way (""making a single account for a Person""). How do I show the money moving from my checking account to Company and then to Person's loan? You make the payment to Company from your Checking, and you adjust the loan amount to Person from Equity for the same amount. When the Person pays - you clear the loan balance and adjust the Checking balance accordingly. This keeps your balance intact for the whole time (i.e.: your total balance sheet doesn't change, money moves from line to line internally but the totals remain the same). This is the proper trail you're looking for. How do I (or should I even) show the money being reimbursed from the expense? You shouldn't. Company is your expense. Payment by the Person is your income. They net out to zero (unless you charge interest). Do I debit the expense at any point? Of course. Company is your expense account. Should I not concern myself with the source of a loan / repayment and instead just increase the size of the loan? Yes. See above."


"There are some good answers about the benefits of diversification, but I'm going to go into what is going on mathematically with what you are attempting. I was always under the assumption that as long as two securities are less than perfectly correlated (i.e. 1), that the standard deviation/risk would be less than if I had put 100% into either of the securities. While there does exist a minimum variance portfolio that is a combination of the two with lower vol than 100% of either individually, this portfolio is not necessarily the portfolio with highest utility under your metric. Your metric includes returns not just volatility/variance so the different returns bias the result away from the min-vol portfolio. Using the utility function: E[x] - .5*A*sig^2 results in the highest utility of 100% VTSAX. So here the Sharpe ratio (risk adjusted return) of the U.S. portfolio is so much higher than the international portfolio over the period tracked that the loss of returns from adding more international stocks outweigh the lower risk that you would get from both just adding the lower vol international stocks and the diversification effects from having a correlation less than one. The key point in the above is ""over the period tracked"". When you do this type of analysis you implicitly assume that the returns/risk observed in the past will be similar to the returns/risk in the future. Certainly, if you had invested 100% in the U.S. recently you would have done better than investing in a mix of US/Intl. However, while the risk and correlations of assets can be (somewhat) stable over time relative returns can vary wildly! This uncertainty of future returns is why most people use a diversified portfolio of assets. What is the exact right amount is a very hard question though."


Helps being born rich, born with access to money, being born white and male and in the first world. Also helps having a police force to protect you, etc, and a military to defend your profits. Anyhow, you feel free to lick that boss ass all day long. Enjoy your meal.


Anytime you borrow money at that rate, you are getting ripped off. One way to rectify this situation is to pay the car off as soon as possible. You can probably get a second job that makes $1000 per month. If so you will be done in 4 months. Do that and you will pay less than $300 in interest. It is a small price to pay for an important lesson. While you can save some money refinancing, working and paying the loan off is, in my opinion a better option. Even if you can get the rate down to 12%, you are still giving too much money to banks.


Im a mountains and streams guy myself, although jobs tend to demand living in city. That is why i got a place close enough to get away from it all, yet close enough to make a living. >But anyway, going back to the GP, he said he has never visited Las Vegas and he hates it. That's lame. You should experience something before you hate it. Agreed!!!!!


I shrug...if you're selling high quality products, this won't be a problem for you. If you're selling garbage, well, take it to Ebay. The reality is they're competing with Wal-Mart who's the rent-a-center of returns. This lines them up brick and mortar policy now.


Are you looking for the most trendy & stylish jewelry for your kids, look no further than Chanteur. We have gorgeous white and yellow gold necklaces for tweens, teenage bangles and girls charm bracelet in unique designs she'll love.


You'll be taxed when you sell the house, but not before that (or if you do some other transaction that realizes the gain, talk to your real estate attorney or accountant for more details). A Home Equity line-of-credit is simply a secured loan: it's a loan, conditioned on if you fail to pay it back, they have a lien on your house (and may be able to force you to sell it to pay the loan back).


The same thing happened to me when I worked retail during my college years. I agree that it is unfair however, it is what it is. With that being said, there may be several factors that you should consider: the new employees might have more experience or qualifications then you, your work performance based on your manager's perspective, and like in my situation when I worked retail, I started out as a cashier which get paid less than sales associates but when I moved to a sales associate position I still got paid less and when I got my raise I got the same pay a new sales associate would get. I suggest you suck it up and ride it through until you get a real job because in retail, in my opinion, you are expendable, if you don't like their pay they will find someone else.


"I mean, honestly, what kind of weird insular bubble do you have to live in to take that seriously? I know a lot of people that work at Microsoft or worked there over the last 15 years, and for much of that time Microsoft's culture was all about ignoring everything else that was happening around them and assuming that they were the only company/ecosystem that mattered, because they ""won"" during the 90s. This should have been a huge red flag to anyone that cared about the future of the company."


Problems do not arise from small individual acts of kindness. Problems arise when you attempt to construct a government and a society around false economic morality. People very successfully navigate their own internal altruism and greed because they are allowed by society to make the calculation for how much they can give on their own. Once you start mandating altruism, all bets are off. You mean they aren't paid to build monuments or do science? You mean scientists don't earn patents for their work? You mean science in general has no selfish commercial motive? What a load of crap, dude. There are plenty of self motivated individualistic rationalizations for someone to work in cooperation with others. Namely, pay.


"This is the best tl;dr I could make, [original](http://thinkglobalmacro.com/big-read-huge-implications/) reduced by 90%. (I'm a bot) ***** > Failure to recognize that technological deflation mandates permanent and ever-rising central bank monetary expansion that can and should gradually become the primary source of government spending will precipitate a major financial crisis starting as soon as 2017. > Monetary expansion has to rise at a compounded rate of 16-24% a year, possibly higher, to offset technological deflation and keep the Wu-Xia Shadow Rate in step with the size of the deflationary force. > Federal income taxes can be phased out gradually and systematically, with all Federal government spending covered by monetary expansion, which itself is mostly the DUES. This sort of reform taking current levels of technological progress and the associated deflation into account to create tax, monetary, and regulatory policies far more favorable to entrepreneurship transcends both socialism and capitalism. ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejb80/singularity_economics_please_read_and_consider/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~133508 tl;drs so far."") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **monetary**^#1 **expansion**^#2 **technological**^#3 **deflation**^#4 **rate**^#5"


But its not spare capacity. Lots of AirBNB owners are renting tons of properties, making scarcity worse. Case in point, it can cost $50-$100 per person to AirBNB a bed for a night. That means anywhere less than $1,500 is good for profit making. It's even better when they rent out beds, which means they'll stack a room in a large house with 3 beds each. I've been to AirBNB locations where 14 people were individually renting. AirBNB person rented a dozen properties and spent all day and night cleaning. Pulled in six figures.


"Wyoming is a good state for this. It is inexpensive and annual compliance is minimal. Although Delaware has the best advertising campaign, so people know about it, the reality is that there are over 50 states/jurisdictions in the United States with their own competitive incorporation laws to attract investment (as well as their own legislative bodies that change those laws), so you just have to read the laws to find a state that is favorable for you. What I mean is that whatever Delaware does to get in the news about its easy business laws, has been mimicked and done even better by other states by this point in time. And regarding Delaware's Chancery Court, all other states in the union can also lean on Delaware case law, so this perk is not unique to Delaware. Wyoming is cheaper than Delaware for nominal presence in the United States, requires less information then Delaware, and is also tax free. A ""registered agent"" can get you set up and you can find one to help you with the address dilemma. This should only cost $99 - $200 over the state fees. An LLC does not need to have an address in the United States, but many registered agents will let you use their address, just ask. Many kinds of businesses still require a bank account for domestic and global trade. Many don't require any financial intermediary any more to receive payments. But if you do need this, then opening a bank account in the United States will be more difficult. Again, the registered agent or lawyer can get a Tax Identification Number for you from the IRS, and this will be necessary to open a US bank account. But it is more likely that you will need an employee or nominee director in the United States to go in person to a bank and open an account. This person needs to be mentioned in the Operating Agreement or other official form on the incorporation documents. They will simply walk into a bank with your articles of incorporation and operating agreement showing that they are authorized to act on behalf of the entity and open a bank account. They then resign, and this is a private document between the LLC and the employee. But you will be able to receive and accept payments and access the global financial system now. A lot of multinational entities set up subsidiaries in a number of countries this way."


You can pay a lot in that store, but there are very reasonable prices. If you cherry pick sale items TJ's is no more expensive than any other store. Who knows the sales better than the employees? Also, grabbing a few things after work without making another stop is very convenient. Throw in the employee discount and those are definitely good enough reasons for employees to shop at their store.


There is no magical book that talks about the thousands of investment instrument types that are available ranging from brown fields land up to CDS futures and beyond. In addition to the huge number the depth of understanding ranges from knowing that a security type exists all the way up to being able to mark the instrument to market for illiquid instances of the instrument. I have been in the industry for about six years and have a fair understanding of what I would term the basics of most security types (I cannot, for example, mark to market exotic options) but most of my knowledge has come from using these instruments on a daily basis and Investopedia. The basis of my knowledge has come from the CFA Claritas Investment certificate book when I took that exam (and CFA Level 1 but I'd recommend against reading that unless you are taking the exam) and Paul Wilmott's texts on Quantitative finance; mostly Paul Wilmott on Quantitative Finance 2nd Edition. tl;dr: you can't get a good grounding on all security types ; there are far too many. To get a good grounding in the most used takes a lot of effort, much more than a book will give you.


Yes, but the point is that a successful person's actions are supplemented by luck. For every successful person who says they worked hard to get theirs, there's a good number of people who worked just as hard but were not as lucky.


There are other answers here about how much you can deduct for a home office. What seems unique is the question of whether you can deduct it for both your LLC and for your employment. Unless your LLC owns the home, you cannot deduct the depreciation directly. Instead you have to charge your LLC rent for the time that you are using the space for the LLC. That rent must be declared as income on your personal tax return, and you can then offset some of it with the time you spend in that space working for your employer and depreciation for time it is being rented to your LLC. Using a strategy this complex may save you a few bucks on your return, but this is definitely an area where a tax professional is worth the expense making sure you get it right.


Well... they could force first time, overseas buyers who aren't citizens or even permanent residents to buy property in the regions or other economically depressed areas. Look, these people are buying property for two reasons: 1 - boltholers (simply looking for a place to land that will offer them alternative citizenship/residency when cultural revolution 2.0 finally happens or simply looking for somewhere that isn't lung chokingly polluted). 2 - rent seekers (don't trust the two money, internal external, Yuan/Renminbi system to hold value and are seeking something that generates revenue denominated in a current not controlled by the One Party One China system that is outside of the state run banking system).


"To be honest I haven't read any studies but I just left an IT group that ""attempted"" to operate this way. It did not work, not one bit. It caused a constant waste of time redoing chargeback models that never really got implemented and it created a huge rift between management trying process the hell out of everything and people like me who just wanted to come to work, do a good job, and help our coworkers."


>Lol and a company spending more than they need to on labor is reality? Why do we have a capitalistic society? Because capitalism is awesome and because it always leads to the best results? No. We use capitalism because we have no alternatives that are superior. This of course does not mean it is a flawless system. This twisted notion that 'pure capitalism' somehow will always yield better results than a regulated/controlled capitalism is insane. Unfettered capitalism will unequivocally result endless conglomeration of power until we have a unified class of rich that control everything, much the way China operates. China operates under the pretenses that it is communist, but the reality is, it's the exact opposite, it is true free market capitalism, and as a result, the government has been completely overtaken by businessmen who then pass laws and control the citizens. I don't want this to happen in the United States.


First off, you have done very well to be in your financial position at your age. Congratulations. I first started investing seriously about 10 years ago, and when I started, I had a similar attitude to you. Learning how to invest is a journey, and it will take you a while to learn both the intellectual and emotional sides of investing. First off, there is nothing wrong with having a chunk of cash that you aren't investing effectively. It is far better to be losing earning power WRT inflation that it is to make a bad investment, where you can lose all your money quite quickly. I have perhaps 15% of my capital just sitting around right now because I don't have any place where I'm excited to put it. For your IRA, I would look at the options you have, and choose one that is reasonably well diversified and has low costs. In most cases, an index fund is a reasonable choice. My 401K goes into an S&P 500 index fund, and I don't have to worry about it. Beyond that, I suggest spending some time learning about investing, and then making some small and conservative investments. I've learned a lot from the Motley Fool web site.


"Much more than that. Last I looked at this, I saw the DJI have fat tails (i.e. non-Gaussian) to the order of hundreds of days. The effect becomes less pronounced the larger the interval, and the curves show that it becomes more Gaussian. If you plot the return distributions for 1-day, 2-days, etc, on a semilog plot you end up with curves that look like leftmost figure of figure 1.3 (edit - sorry, I got the figure wrong): http://fedc.wiwi.hu-berlin.de/xplore/ebooks/html/csa/node235.html The Gaussian curve on a semilog plot comes out as a parabola, i.e. the black curve. Non-Gaussian fat tails ""fan out"" like the green, red and blue plots. The fanning out occurs even when dealing with returns over a couple of hundred days, but the effect becomes less pronounced, suggesting a convergence to Gaussian."


What? YOUR reasoning is exactly what you are projecting on me! You want to give the few people with all the money control over anything they can buy! >At the very least, the private sector is policed by the government according to the rule of law. Who polices the government when the people no longer have any authority or power over it? You JUST told me you can’t trust the government to police properly! Now you want to rely on them policing others? Doesn’t that logic sound ridiculous? What I said was: The government’s job is policing. If they are doing their job wrong, you replace them. What you are saying is: I don’t trust the government to police anyone. So let’s give more power to the financial sector which we already know is immoral and greedy, because the government is policing them. WTF?!


Considered a down payment on a house? Some illiquid assets? Otherwise you are doing 'responsible' get rich slow (read: get rich old) type things. And this question only invites opinion based answer. You tried futures and don't want to take that kind of risk again with your $50,000, so thats that


I am wondering weather it is worth it (how taxation works in this scenario ect.) or not and legally possible to do so ? Whether it is worth it or not is up to you. There's nothing illegal in this, unless of course there's a legal issue in the foreign country. The US doesn't care. Re taxes - it is a bit trickier. If your lender does not provide you with form 1098, you'll have to report the lender's name, address and SSN/ITIN on your tax return in order to claim a deduction. The IRS will then expect the lender to report that interest as income. This is US-sourced income and is taxed in the US despite the fact that the lender is non-resident. See here for more info. If the lender doesn't report the income and doesn't pay the taxes - your deduction may be denied as well for double-dipping. It is easier if this is an investment. Then the deduction is not going to Schedule A, but rather as an expense to Schedule E. The IRS may still require matching, but you won't need to report the SSN/ITIN - just have the expense properly documented. Obviously, the best when it comes to legal issues, is to talk to an attorney licensed in the State in question. Similarly with tax questions - you should talk to a EA/CPA licensed in that State. I'm neither.


It is easier to get the nutrients you need if you do also consume dairy, but it's still tricky to get the quantities your body would naturally get from consuming meat. https://www.vegetariantimes.com/health-and-nutrition/veg-supplement-guide And keep in mind these are just the nutrients that we happen to be aware of. Science doesn't yet know all the many kinds of nutrients that humans may need that we get from eating a variety of foods.


I resisted the SUV thing for a long time but I got one recently. There's no way to go back. I can finally see in traffic again they way I used to back when there were just normal sized cars on the road. I do actually believe the government should have set a maximum height for passenger cars so they'd all be mostly the same (a huge safety issue IMO). But that didn't happen so fuck it, I'm in an SUV. Mostly drives like a car anyway, better ground clearance, the car parks itself, I'm happy. It's like driving a tall car.


"Well, ""faux healthy"" anyway. That burrito ain't doing you no favors... 1,200.0 calories, [source](http://www.sparkpeople.com/calories-in.asp?food=chipotle+burrito) Truth be told, I will select Chipotle for lunch sometimes, but I never order a burrito. I order vegetarian tacos on corn tortillas with black beans and guacamole. I don't put cheese or cream on it, just any vegetable on the steam table that looks appetizing that day. And I am not a vegetarian... TRUE STORY: The last time I did this the two girls filing the order looked absolutely stunned. *NO MEAT?* they asked incredulously. I said yes, generally that's the idea of vegetarian tacos. They still looked stunned. I then inquired: *Am I the first person to ask for black bean tacos with no meat?* They replied in the affirmative, saying they ate black bean tacos at home (they were both immigrants), but *nobody* orders *just* black beans on their tacos..."


You should ensure that your broker is a member of the Securities Investor Protection Corporation (SIPC). SIPC protects the cash and securities in your brokerage account much like the Federal Deposit Insurance Corporation (FDIC) protects bank deposits. Securities are protected with a limit of $500,000 USD. Cash is protected with a limit of $250,000 USD. It should be noted that SIPC does not protect investors against loss of value or bad advice. As far as having multiple brokerage accounts for security, I personally don’t think it’s necessary to have multiple accounts for that reason. Depending on account or transaction fees, it might not hurt to have multiple accounts. It can actually be beneficial to have multiple accounts so long as each account serves a purpose in your overall financial plan. For example, I have three brokerage accounts, each of which serves a specific purpose. One provides low cost stock and bond transactions, another provides superior market data, and the third provides low cost mutual fund transactions. If you’re worried about asset security, there are a few things you can do to protect yourself. I would recommend you begin by consulting a qualified financial advisor about your risk profile. You stated that a considerable portion of your total assets are in securities. Depending on your risk profile and the amount of your net worth held in securities, you might be better served by moving your money into lower risk asset classes. I’m not an attorney or a financial advisor. This is not legal advice or financial advice. You can and should consult your own attorney and financial advisor.


"Probably not. For your savings to enter an RRSP account, the recipient account must itself be an RRSP (duh! I hear you say). This appears to rule out any UK-based banks as they would not offer this type of account, which appears to be confirmed with a quick Google search returning no useful result for ""rrsp uk"". According to Income Tax Folio S3-F10-C1, Qualified Investments – RRSPs, RESPs, RRIFs, RDSPs and TFSAs, an RRSP may include listed securities traded on designated stock exchanges, including the London Stock Exchange. While this enables some possibilities, it is not clear that Canadian banks would offer much in the form of UK RRSPs. Your best bet may be to contact your bank and ask if they offer RRSP services for expats. Here is a list of Canadian banks in the UK. Obviously, this does not mean that they offer the type of service you are looking for (or even that they offer retail services, this may be just a trading office). Finally, if you need to move money from an RRSP to anything other than an RRSP this will trigger the inclusion of the sale proceeds as taxable income in that year."


Second time this has come up this week, but I'd recommend spending a bit of time test-driving [FreshBooks](http://www.freshbooks.com). It might take a bit of time to set up the way you want to use it, but you should be able to figure out whether it'll meet your needs with about 3 or 4 hours of focused testing. Their support people are awesome, too: they can help you figure out which way's up, and I can tell you from experience: they like having happy customers, so they won't try to sell you something that's not really a good fit for your business.


Thanks for the details. I didn't know that Sony had relaxed their warranties with their current generations of consoles. Cartridges weren't SSDs like we know today. They used ROMs for storage and battery backed SRAM for saves. There was most likely also no controller in the cartridge itself, but the host CPU accessed the ROM directly. A lot of storage is called SSDs today when this term is actually only used for SSDs you can buy for PCs and which interface through SATA or PCIe. The storage in most mobile phones and tablets are called SSD for marketing impact, but they are inferior.


">my favorite part by far was the fedora worthy ""nonsense, and unworthy of further comment."" I was mocking the tone of your post. Your whole post sounds like that. >you're borderline illiterate, and spend too much time on r/libertarian or watching fox news said like a true berniebro >""they are rational"" - lol Uhh yeah, in economics rational does not always mean ""makes the best decisions in hindsight"" it just means the person is making decisions in their self interest. This is the problem with arguing basic economics with far left liberals, basic economics is so antithetical to your socialist beliefs that you only learn a special sanitized left wing twisted version of economics that assumes that left wing politics is all correct before getting started. It is like someone studying evolution as a creationist. >literally choke on your MLP figurine you worthless fuck. And you expose your true ugly self behind your pretentious mask."


Market Capitalization is the equity value of a company. It measures the total value of the shares available for trade in public markets if they were immediately sold at the last traded market price. Some people think it is a measure of a company's net worth, but it can be a misleading for a number of reasons. Share price will be biased toward recent earnings and the Earnings Per Share (EPS) metric. The most recent market price only reflects the lowest price one market participant is willing to sell for and the highest price another market participant is willing to buy for, though in a liquid market it does generally reflect the current consensus. In an imperfect market (for example with a large institutional purchase or sale) prices can diverge widely from the consensus price and when multiplied by outstanding shares, can show a very distorted market capitalization. It is also a misleading number when comparing two companies' market capitalization because while some companies raise the money they need by selling shares on the markets, others might prefer debt financing from private lenders or sell bonds on the market, or some other capital structure. Some companies sell preferred shares or non-voting shares along with the traditional shares that exist. All of these factors have to be considered when valuing a company. Large-cap companies tend to have lower but more stable growth than small cap companies which are still expanding into new markets because of their smaller size.


If your primary concern is a drop in your credit score, go to a mortgage broker instead of multiple banks and finance companies. Each time you ask a bank or financial institution for a loan, they do a hard pull on your credit rating which costs you a couple of points. Visit a dozen lenders and you'll lose 24 points. You will also be signalling to lenders that you're shopping for money. If you visit a mortgage broker he does a single hard pull on your credit score and offers your loan query to a dozen or more lenders, some of which you may not have even heard of. This costs you 2 points instead of 24. If you are only going to visit one financial institution or another specific one, the drop in credit score is the same couple of points. The above answer only applies if you make loan inquiries at multiple institutions.


"Since your 401k/IRA are maxed out and you don't need a 529 for kids, the next step is a plain ol' ""Taxable account."" The easiest and most hassle-free would be automatic contributions into a Mutual Fund. Building on poolie's answer, I think mutual funds are much more automatic/hassle-free than ETFs, so in your case (and with your savings rate), just invest in the Investor (or Admiral) shares of VEU and VTI. Other hassle-free options include I-Bonds ($5k/year), and 5-year CDs."


Right, that's my understanding of the problem too. I tried some of the indices last night (not necessarily the ones you are suggesting), but when pulling them into COMP it only provided the price return, not the total return including coupons. This latter part is still the challenge.


I'm not familiar with Canadian taxes, but had your question been written about the United States, I'd advise you to at least consult for a couple of hours with an accountant. Taxes are complex, and the cost of making a mistake generally exceeds the cost of getting professional advice.


If we sealed our home completely, we should only get fresh air inside when we opened a door or window. To replace them with fresh air, exhaust unwanted smells, water vapor and pollution we need ventilation, but we can turn it on and off as we need it, and direct it where it is necessary we also need to control ventilation.


>In America, the government is ours It's not, not in the slightest. This is the biggest misconception that the public has. >We vote for all the people in it On a rigged ballot in a rigged election where only a vanishing fraction of a percent of the people who make up the government are voted on and even fewer are accountable for their actions. >It is within our power to make it what we want and it is our responsibly to keep it functioning properly A machine designed to grind up humans can't be fixed by changing it's parts. It can only be dismantled and a new machine constructed with a different purpose. >To restrict the power of the US government is to reduce the power of the American people to determine the kind of society we want to live in I see it oppositely - to empower the government is to reduce the power of the American people to determine what kind of society we want to live in. The very concept of government simply gives excuse to the violent and wealthy to justify their use of violence and wealth to rule over the majority. > I do not want to live under the tyranny of huge multinational corporations who only care that I work and consume. I do not believe that any corporation would be able to wield any tyranny so great as governments do, as corporations are far more fragile and vulnerable than they would have you believe, and giant multinationals are utterly dependent on the protections provided by the government. Like dinosaurs could only exist because there was so much oxygen in the atmosphere, giant multinationals depend on government for sustenance and support. >For the past 40 years, as we have been gradually moving towards a more laissez faire philosophy There is absolutely nothing laissez faire about our government, we live in a more legislated, judicated, regulated society than ever in the history of man. No person on earth could understand even the tax code if they devoted their entire life to it, which is only a fraction of the codification that all persons are presumed bound to. >Tax cuts for the uber rich, blanket free trade agreements with 3rd world countries, and deregulation have caused corporations get much larger and far more powerful than they were a generation or two ago. And yet all of these things are acts that can *only* be provided by the hands of the government. Corporations are like a vine that grows up the tree of government - strike down the tree, and the vine dies too. >decide they want something else and to vote accordingly Anything that could possibly result in a good outcome would never, under any circumstance, be allowed to be added to the ballot. You cannot fix a government that has the power to decide what can be done to itself. That's why you have to break the services provided by the government into individual service providers that sell their services on a free and open market, and let the public decide what they value and what they don't want. Humanity can't be free until we disabuse ourselves of the fallacy of the necessity of government.


There is a possibility of misuse. Hence it should be shared judiciously. Sharing it with large / trusted organization reduces the risk as there would be right process / controls in place. Broadly these days PAN and other details are shared for quite a few transactions, say applying for a Credit Card, Opening Bank Account, Taking a Phone connection etc. In most of the cases the application is filled out and processed by 3rd party rather than the service provider directly. Creating Fake Employee records is a possibility so is the misuse to create a fake Bank account in your name and transact in that account. Since one cannot totally avoid sharing PAN details to multiple parties... It helps to stay vigilant by monitoring the Form 26AS from the Govt website. Any large cash transactions / additional salary / or other noteworthy transactions are shown here. It would also help to monitor your CIBIL reports that show all the Credit Card and other details under your name.


"Many terms a'blending here. ""Reserves"" in yankee are merely deposits at the Fed by lending institutions, from bankers to brokers. ""Treasuries"" are loans borrowed by the US gov't itself, not its monetary authority, the Federal Reserve. The Fed borrows with the cash (zero coupon perpetuities) or ""reserves"" (deposits) (zero coupon perpetuities). Yes, when the Fed owns Treasuries, it's like a subsidiary corporation borrowing to buy the parent corporation's bonds, lol. If a bank wants to hold Treasuries, it holds Treasuries. If it has to keep some assets in reserve, it holds cash or deposits at the Fed. If it needs to satisfy reserve requirements because of an unpredicted insufficiency, it ""borrows"" ""money"" ""overnight"" from other reserve holders. It's a sale, but it's marked as a loan."


As the answer from Guest5 noted, any expense you have before the HSA is established is not considered a qualified medical expense for an HSA distribution. However, it is important to note that since you now have the HSA established, any medical expense you have from this point on is a qualified medical expense, even if you don't take an HSA distribution for it right away. For example, let's say that you have a medical expense this year, but you don't take an HSA distribution to reimburse yourself right away. (Maybe it is because you don't have enough money in your HSA to reimburse yourself at this time.) You can reimburse yourself in the future for this expense. As long as you had an HSA in place when the expense was incurred, it doesn't matter if you wait to take the distribution.


Reddit's going to hate me, but I swear that yellow page ads work well-- they work well for a long time. I have a computer business, and I haven't ran an ad in quite a while (because I truly don't need more business at the moment), and I'm still getting calls from my old yellow page ads.


There are two obvious cases in which your return is lower with a heavily leveraged investment. If a $100,000 investment of your own cash yields $1000 that's a 1% return. If you put in $50,000 of your own money and borrow $50,000 at 2%, you get a 0% return (After factoring in the interest as above.) If you buy an investment for $100,000 and it loses $1000, that's a -1% return. If you borrow $100,000 and buy two investments, and they both lose $1000, that's a -2% return.


With your windfall, you've been given a second chance. You've become debt free again, and get to start over. Here is what I would recommend from this point on: Decide that you want to remain debt free. It sounds like you've already done this, since you are asking this question. Commit to never borrowing money again. It sounds overly simplistic, but if you stop using your credit cards to spend money you don't have and you don't take out any loans, you won't be in debt. Learn to budget. Here is what is going to make being debt free possible. At the beginning of each month, you are going to write down your income for the month. Then write down your expenses for the month. Make sure you include everything. You'll have fixed monthly expenses, like rent, and variable monthly expenses, like electricity and phone. You'll also have ongoing expenses, like food, transportation, and entertainment. You'll have some expenses, like tuition, which doesn't come up every month, but is predictable and needs to be paid. (For these, you'll can set aside part of the money for the expense each month, and when the bill comes, you'll have the funds to pay it ready to go.) Using budgeting software, such as YNAB (which I recommend) will make this whole process much easier. You are allowed to change your plan if you need to at any time, but do not allow yourself to spend any money that is not in the plan. Take action to address any issues that become apparent from your budget. As you do your budget, you will probably struggle, at first. You will find that you don't have enough income to cover your expenses. Fortunately, you are now armed with data to be able to tackle this problem. There are two causes: either your expenses are too high, or your income is too low. Cut your expenses, if necessary. Before you had a written budget, it was hard to know where your money went each month. Now that you have a budget, it might be apparent that you are spending too much on food, or that you are spending too much on entertainment, or even that a roommate is stealing money. Do what you need to do to cut back the expenses that need cutting. Increase your income, if necessary. You might find from your budget that your expenses aren't out of line. You live in as cheap a place as possible, you eat inexpensively, you don't go out to eat, etc. In this case, the problem isn't your spending, it is your income. In order to stay out of debt, you'll need to increase your income (get a job). I know that you said that this will slow your studies, but because you are now budgeting, you have an advantage you didn't have before: you now know how short you are each month. You can take a part time job that will earn you just enough income to remain debt free while maximizing your study time. Build up a small emergency fund. Emergencies that you didn't plan for in your budget happen. To remain debt free, you should have some money set aside to cover something like this, so you don't have to borrow when it comes up. The general rule of thumb is 3 to 6 months of expenses, but as a college kid with low expenses and no family to take care of, you won't need a huge fund. $500 to $1000 extra in the bank to cover an unexpected emergency expense could be all it takes to keep you debt free.


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ACH as offered in US is a very broad and versatile network used for a range of business case. There is no other network as versatile. In Europe UK has BACS as equivalent about 50-70% of what US-ACH offers. Most European countries also have ACH [Collectively Called ACH, have 90% of the layouts that are identical, called by different names domestically, different business capabilities and rules]. Most countries in Asia also have similar networks. For example in India there is ECS now replaced by NACH. In Singapore/Indonesia/Thailand/Malaysia they have Giro's. China has CNAPS and BEPS. So essentially every country has addressed the business need differently and bis.org has a decent over-view country wise on the clearing systems available.


We've tried to establish Atlantic Salmon in Pacific waters as late as 1981 (wild stock, not farmed). There were 3 escapes in the late 90's (totalling over half a million fish) with no 'wild' adults found (some juveniles were found in the rivers, but none are known to have returned). Scientists have tried to hybridize Atlantic and Pacific Salmon. While successful, the offspring were sterile and the process was difficult and unlikely to occur in nature. So, while they might, their kids won't (or haven't in previous episodes).


Totally, right now I'm being stopped by the difficulty of adjusting from being a student with a flexible schedule to working 6 to 6, but it's definitely not for lack of time that I'm having trouble working out. You're right though, as the blog post mentions, you typically end up scheduling your gym appointments at times when you definitely won't be called in to the office - very late and very early on weekends. As for sleep, I used to be very dedicated to 8/night, but you learn to adjust to less. The impacts are noticeable, though, and it's certainly not ideal.


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


Indeed. And why should we incentivize careers that contribute to the good of mankind as opposed to careers that prey on mankind. I'm with you. If you want to help people, fuck you, be a poor. If you don't want to be a poor, start a hedge fund and destroy the economy.


To make matters worse, if you pay the property tax your mother in law can't take the deduction either. You may be better off paying rent and having her handle the property correctly, as a rental.


"If you sell a stock you don't own, it's called a short sale. You borrowed the shares from an owner of the stock and eventually would buy to close. On most normal shares, you can hold a short position indefinitely, but there are some shares that have a combination of either a small float or too high a short position that shares to short are not available. This can create a ""short squeeze"" where shorts are burned by being forced to buy the stock back. Last - when you did this, you should have instructed the broker that you were ""selling to open"" or ""selling short."" In the old days, when people held stock certificates, you were required to send the certificate in when you sold. Today, the broker should know that wasn't your intention."


Knowing about hair cutting scissors will be very useful while performing the hair stylist job. You can please the customers, if you perform a stylish hair cut with sharp scissors which you do effortlessly. Often, you have to use knives while doing your job. Knife Sharpening is a complex process and as such special equipment is used to get that perfect edge.


"Hi Ly Sok You could give free maps out to your clients. Easily print these off. Talk about the city as you drive through pointing out good value restaurants and places of interest. When someone buys something from me. I try to understand it as ""someone buying my time"" so I like to think of there problems. Your clients are mostly tourists or locals I assume. Locals like to here local news and learn things -like new roads being built or a cinema opening. Crime and cool things going on. Tourists want to make there money go further and so learning about the best local experience is often what they want to do. A pick up service is often appreciated and possibly you could emphasis to tourists how safe certain areas are and that maybe they should hide there flashy phone or camera in this area. I feel recommendations are the way to go. Giving a number they can text you on makes it easier to send a location. For pick ups. Since uber is a big thing for clients back home. Maybe you could parody the name ""TukUber"" This would instantly make people remember you and you could also look at how you could make your service like uber on a personal level. Sounds like a fun project. Good luck"


I would pass on their deal if they will only match if you invest in their stock. Think about when/if the company falls on bad times. What happens to the stock of a company when bad times come? The board of directors will reduce or eliminate the dividend payout. Current and potential investors will take notice. Current owners of the stock will sell. Potential investors will avoid buying. The price of the stock with go down. And, quite likely, the company will lay off workers. If/when that happens you would find yourself without a job and holding (almost) worthless stock as your savings. That would be quite a bad situation to be in.


If I apply for a job at my hedge fund's PB, how likely is it that will come back to my firm through sales contacts and such? It's not a job within the PB business if it makes a difference. Do banks have policies against hiring from their PB clients? What about from S&T customers? This would be at the associate level if it matters.


Why? Balance sheet is balance sheet, why is it complicated? Bank shareholders get dividends in exactly the same way as any other company shareholders do: the company ends up with net profits, which the board of directors decides to distribute to shareholders based on certain amount per share. If at all. Not all the profits are distributed, and in fact - there are companies who don't distribute dividends at all. Apple, for example, hasn't ever distributed dividends until very very recently.


"Congratulations. The first savings goal should be an emergency fund. Think of this not as an investment, but as insurance against life's woes. They happen and having this kind of money earmarked allows one to invest without needing to withdraw at an inopportune time. This should go into a ""high interest"" savings account or money market account. Figure three to six months of expenses. The next goal should be retirement savings. In the US this is typically done through 401K or if your company does not offer one, either a ROTH IRA or Traditional IRA. The goal should be about 15% of your income. You should favor a 401k match over just about anything else, and then a ROTH over that. The key to transforming from a broke college student into a person with a real job, and disposable income, is a budget. Otherwise you might just end up as a broke person with a real job (not fun). Part of your budget should include savings, spending, and giving. All three areas are the key to building wealth. Once you have all of those taking care of the real fun begins. That is you have an emergency fund, you are putting 15% to retirement, you are spending some on yourself, and giving to a charity of your choice. Then you can dream some with any money left over (after expenses of course). Do you want to retire early? Invest more for retirement. Looking to buy a home or own a bunch of rental property? Start educating yourself and invest for that. Are you passionate about a certain charity? Give more and save some money to take time off in order to volunteer for that charity. All that and more can be yours. Budgeting is a key concept, and the younger you start the easier it gets. While the financiers will disagree with me, you cannot really invest if you are borrowing money. Keep debt to zero or just on a primary residence. I can tell you from personal experience that I did not started building wealth until I made a firm commitment to being out of debt. Buy cars for cash and never pay credit card interest. Pay off student loans as soon as possible. For some reason the idea of giving to charity invokes rancor. A cursory study of millionaires will indicate some surprising facts: most of them are self made, most of them behave differently than pop culture, and among other things most of them are generous givers. Building wealth is about behavior. Giving to charity is part of that behavior. Its my own theory that giving does almost no good for the recipient, but a great amount of good for the giver. This may seem difficult to believe, but I ask that you try it."


The stock split, it is similar to what happened to Apple a little while back. When Google split 2 to 1, it means that each share holder got 2 shares for each 1 share they had and each share was 1/2 the price.


The crucial insight is that the alternative to early exercise of an American call is not necessarily to hold it to expiry, but to sell it. And selling it, at its value, is always better than exercising it. Note that this holds only for options on assets that don't pay dividends. Here's the proof, using Put-Call-Parity. We know that at expiry T, we have (using a Call and a Put both struck at K): C(T) - P(T) = S(T) - K (if this is not clear to you, consider the case where S is less than, equal to, or greater than K at maturity, and go through each of them.) If the stock S doesn't pay any dividends (and there is no cost of carry etc.), we can replicate both sides now at time 0; we just buy one call, sell one put (that gives us the left hand side), buy the stock, and borrow money so that at time T we have to repay K (that gives us the right hand side). That means that now, we only need to borrow df * K, where df is the discount factor, and is less than one (assuming the good old pre-2009 world where interest rates are positive). Thus: C(0) - P(0) = S(0) - df * K. Rearranging gives: C(0) = S(0) - df * K + P(0). That's the value of the call, if we sell it (or hold it). However, if we exercise, we only get: C_ex = S(0) - K Now, we see that C(0) > C_ex, because we subtract less (df*K < K), and add P(0).


> Ok. Pay for my children. I want a boy and a girl. Working on it. Does this mean you support socialized medicine, public education, food stamps, child tax credits, affordable college, and maybe even universal basic income?


I think you've got competition on that list for where to put the money - I'd work out which option is costing me the most currently or will cost me the most in the future and take care of it. I'd be willing to bet that Eric is right, though, that it will need to be the roof. Not fixing it could cost you more in the long run than any of the other items on the list (assuming your circumstances remain roughly the same). General comments/other considerations: Any money that doesn't get spent on the roof (if any) - I would put in a rainy day fund.


Historically, it did work. I had a friend who had a dozen credit cards during college, and every few weeks he would move his balances around among the cards with balance transfers (all with a touch tone phone). Unfortunately for you, banks figured that game out and added fees for balance transfers that are applied at the time of the transfer.


What makes a credit card risky is that it requires discipline. It is very easy to buy things that you cannot afford with a credit card. Credit cards usually require a minimum payment every month if you owe them money, but if you pay only the minimum amount, your debt will grow quickly. And since the interest rates are usually very high, you can easily get into a state where you are overwhelmed by your debt. The correct way to use a credit card is to pay the complete bill every month. If you can't afford to pay the complete bill because you spent too much, cut up your credit card. On the positive side, there are many situations where paying by credit card will give you protection if you don't get the goods that you paid for, because the credit card company is fully responsible for those goods, just like the seller. So if you pay for a $5,000 holiday with a credit card and the company you paid to goes bankrupt, the credit card company will refund your money. Do not ever look at cash back on purchases. You only get cash back if you spend money. Getting $50 cash back is of no use if you had to get $2,500 deeper in debt to get that cash back. (Some people might contradict this. But if you ask for advice on money.stackexchange then this is the correct advice for you that you should follow).


Even for those of us who aren't at risk of over drafting, direct debit is a less-than-stellar option. Direct debit is a great way to begin ignoring how large your bills are. By explicitly paying them through my bank's online billpay, I notice immediately when a bill is larger than it ought to be. This is often caused by a billing error. In which case I've found it far easier to resolve disputes when the money is still in my hands. It's significantly harder to convince an internet provider, cell phone service, or utility to reverse an incorrect charge after it's been paid than it is before. The other times, it's because I've been using the service more than normal. For example, sending text messages more frequently or using more electricity. Explicitly paying these bills makes me realize upfront that there's been a change in my behavior and I can either reduce my expenses or accept the higher cost for higher service. My own experience leads me to believe that paying your bills automatically every month is a great way to ignore these events, and leak money like a sieve. Online bill pay makes doing this as trivial as I could hope for, and the risk of missing a payment is essentially nil.


stimulate $1 trillion in infrastructure expenditures over 10 years by granting $137 billion in tax credits to private investors - over 10 years this trillion seems the same as we have before: * [Road infrastructure investment in the US, 1995 to 2015](https://www.reportlinker.com/data/series/oJRgKMNK7JM) - $94M in 2015 * [Rail infrastructure investment in the US 1995 to 2015](https://www.reportlinker.com/data/series/IOc4fG3MgKM) - $17M in 2015


In any country, individuals (and shops) can reject any form of payment that is not Legal Tender - defined by law as a payment form that must be accepted. Shops are typically more generous, because they want to do business with you, but individuals are in a different position. In France, only official coins and bills are declared as Legal Tender (so if they don't want to, individuals don't even need to accept bank transfers). This is for doubts you need to pay. In addition, as you are not forced to do business with them, people and shops can require whatever they feel like to require - if you want to buy their car, they can ask you to stand on your head and spit coins, and if you don't like it, they don't sell to you. (They won't do much business then, probably)


"in theory, yes. in practice, no. largely because merchants pay a fee to process credit card transactions which normally exceeds the cash back you can get. i tried this with square, since their vendor fee was 2.75%, and i got 5% back on restaurants. however, even though i registered with square as a restaurant, transactions were categorized as ""other services"" or something, so i only got 1% back and lost 1.75% net. moreover, if you did find a card/processor combination that left you with a net gain, they would eventually catch on and charge you with some sort of fraud. i wasn't worried about it with the square experiment because it was only 1$, but if you tried to do this with large sums, a human would catch you. and if it was enough money to matter, there would be a lawsuit. if you were really unlucky, you might get charged with some terrorism crap like ""structuring"" deposits."


"This is the best tl;dr I could make, [original](http://money.cnn.com/2017/10/18/investing/rio-tinto-coal-mine-fraud/index.html) reduced by 83%. (I'm a bot) ***** > Authorities in the U.S. and the U.K. have accused Rio Tinto. > The U.S. Securities and Exchange Commission claims that Rio Tinto realized the mine was worth significantly less within a year of purchasing it, but did not share that information with investors until 2013. > In its complaint filed Tuesday, the SEC accused Rio Tinto, Albanese and Elliott of trying &quot;To conceal the rapid and dramatic decline in value&quot; of the coal business. ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77ct0m/rio_tinto_accused_of_fraud_over_3_billion_coal/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~231113 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **Tinto**^#1 **Rio**^#2 **mine**^#3 **company**^#4 **SEC**^#5"


I use GNUCash. It's a bit more like Quickbooks than plain Quicken, but it's not all that complicated. Probably the most difficult part is understanding the idea of income accounts. Benefits: For short term planning, I use scheduled transactions. If I'm spending more than I have, it'll show up here. Every paycheck and dollar spent or invested is recorded with the exact date I anticipate it will happen, 30 days in advance. If that would overdraw my checking account, the Future Minimum Balance field will go negative and red. This lets me move float to higher interest savings and retirement funds, and avoids overdraft fees or other mishaps. By looking 30 days ahead in detail, I have enough time to transfer from illiquid assets. For longer term planning, I keep a spreadsheet around that plans out annual expenses. If I'm spending more than I earn, it shows up here. I estimate everything: expenses, savings, taxes, and income. I need this because I have a lot of expenses that are far less frequent than monthly or paycheck-ly. The beauty of it is that once I've got it in place, I can duplicate the sheet and consider tweaks for say taking a new job or moving, or even just changing an insurance plan (probably less relevant for those with access to NHS). Especially when moving to take a new job, it's not as straightforward as comparing salaries, and thus having a document for the status quo to start from lets you focus on the parts that changed.


"This answer is somewhat incomplete as I don't have definitive conclusions about some parts of your question. Your question includes some very specific subquestions that may best be answered by contacting the investment companies you're considering. I don't see any explicit statement of fees for TIAA-CREF either. I suggest you contact them and ask. There is mention on the site of no-transaction-fee funds (NTF), but I wasn't able to find a list of such funds. Again, you might have to ask. Vanguard also offers some non-Vanguard funds without transaction fees. If you go the Vanguard page on other mutual funds you can use the dropdown on the right to select other fund companies. Those with ""NTF"" by the name have no transaction fees. Scottrade also offers NTF funds. You can use their screener and select ""no load"" and ""no transaction fee"" as some of your filters. You are correct that you want to choose an option that will offer a good lineup of funds that you can buy without transaction fees. However, as the links above show, Vanguard and TIAA-CREF are not the only such options. My impression is that almost any firm that has their own funds will sell them (or at least some of them) to you without a transaction fee. Also, as shown above, many places will sell you other companies' funds for free too. You have plenty of options as far as free trades, so it really depends on what funds you like. If you google for IRA providers you will find more than you can shake a stick at. If you're interested in low-cost index funds, Vanguard is pretty clearly the leader in that area as their entire business is built around that concept. TIAA-CREF is another option, as is Fideltiy (which you didn't mention), and innumerable others. Realistically, though, you probably don't need a gigantic lineup of funds. If you're juggling money between more than a handful of funds, your investment scheme is probably needlessly complex. The standard advice is to decide on a broad allocation of money into different asset classes (e.g., US stocks, US bonds, international stocks, international bonds), find a place that offers funds in those areas with low fees and forget about all the other funds."


In my opinion, it's all about knowing what you want to do. I know too many people who are in finance for the money who could've been doctors or engineers and enjoyed that life a lot more. That's not to say they aren't successful, money is a powerful motivator, but for the rest of us, you should really know what you're getting into.


I could definitely see a future where Amazon runs home automation. Especially when you consider 24/7 access to their store and streaming platforms. That said, I imagine Google will probably repeat history and pivot to business applications. Google Assistant, partnered with Google Maps, could do very well with the autonomous car market. A distributor could handle entire fleets from his phone.


you forgot Alipay: The biggest mobile payment platform in China, similar to paypal but much more prevalent in offline settings AliSports: Arranges esports tournaments, owns Asia's best football club, helped Alibaba become the primary sponsor of the next summer olympics Youku: one of the biggest video platform in China, with a hybrid model between Netflix and Youtube. AliPictures: hollywood production company responsible for several recent productions such as Mission Impossible, Ninja Turtles, and Star Trek Cainiao: The largest logistics network in China, facilitating the delivery of over 12 million packages a day AliCloud: Leading cloud-computing provider in China and a significant competitor to companies like Oracle and AWS Ele.Me: Market-leading food-delivery network Didi Kuaidi: The chinese Uber.


As someone who works in the tech industry, this isn't very fair. The CTO is in charge of the technical direction of the company. Yes Uber is fairly mature, from what I've heard, in their technology but continuing to iterate on their technology is what will keep them ahead of the field. Lyft is quickly catching up, especially since this whole fiasco started. They are also an important component of mitigating any potential risk, from security breaches to wide scale outages. Considering how critical the technology is to their business can you imagine the fallout from a wide scale security breach or multi day outage?


I would not advise any stock-picking or other active management (even using mutual funds that are actively managed). There is a large body of knowledge that needs learning before you even attempt that. Stay passive with index funds (either ETFs or (even better) low-cost passive mutual funds (because these prevent you from buying/selling). But I have not problem saying you can invest 100% in equity as long as your stomach can handle the price swings. If you freek out after a 25% drop that does not recover within a year, so you sell at the market bottom, then you are better off staying with a lot less risk. It is personal. There are a lot of valid reasons for young people to accept more risk - and equally valid reason why not. See list at http://www.retailinvestor.org/saving.html#norisk


Its not Israel the country that has existed since 1200BC, its the rat plague of Jews that has plagued humanity since the dawn of money and shiny things, and the Jews have spent most of their existence being chased around the world because they killed Jesus and are habitually a parasite on which ever society they infest with their greed, avarice and corruption, since ancient Egypt to modern America. As history repeats itself once more and Jews have tried to take control of American society and destroy its values so they can suck the American people dry of every coin, with bank fraud and scams and schemes and interest, all the while spewing poison and hatred against other nations and people and dragging America and its sons into fake wars while you grow fat like a tick at its throat. This time no one is coming to help and no one will listen to your cries for help. You are the criminally insane that the world regrets saving and will not miss when you are gone, as mankind progresses in peace, serenity and harmony in your absence.


I probably can, but I realized I also do have a commission sheet from the month of June which shows how much I made in just commissions, and then I could tell them I also get my 300 a week salary. Do you think that would suffice?


"Not really. You can map the ctrl/option/command keys to the Windows equivalent of control/alt/win. In fact, the Option key is already labeled ""alt"" as well, so really the command key will become the windows key. If you're the primary user of the PC you'd get used to it really quick. Lack of a labeled 10-key may suck though if you're doing a lot of number entry, but I've never found laptop overlay 10-key to be really functional anyway, full-size keyboards are still the best for that."


I know you were partly joking, but still: > movies Bring an iPad, most modern planes have WiFi, you can watch Netflix and relax without paying for Buisness Class. >elaborate meals Buy a meal at the terminal before you fly. You can even indulge and treat yourself at the nicer sit down restaurants in the airport. Even if you pay $100 for the meal, that's only 10% the cost of upgraded to Buisiness Class just for the food on board. >priority boarding You can pay a token fee, like $20, for priority boarding. Hardly need a $1000 ticket for that. >power Power is standard on most newer planes, even in coach. I flew Spirit, the budget airline in my region, and despite paying $80 for my economy ticket I had a powered USB outlet *and* an AC outlet I could use. >storage, recline chairs, & cocaine Well, you got me there.


"many biz ""leaders"" are also leftists and see now as good time to bail out as Trump will not further assist in their quest for more government ...where government regulations, for example, hurt everyone, but least hurt are the biggest players...and over time, that reduces competition"


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


You can use the debit card for practically any purchase that you make. You'll have to take the usual precautions and then a few additional ones. Cards make your life really easy and convenient with some basic precautions. All the best for your travel and stay in the USA. My two cents.


">Ah, but with all the business you'd do in gold, you'd constantly be increasing the value of gold. Think of it! How does ""doing business in"" something increase its value? By this logic, all businesses should be successful. I feel like you're just grasping at straws at this point. >I'm pretty sure that most people want to be paid in dollars not simply because of the fact that their taxes have to be paid in it, but because of it's universality. You have no way of proving this, though. It's like saying ""I love paying my taxes!"" It may really be the case, but there's no way to know for sure, because you might just be afraid of jail. >Not everyone has a use for a sack of barley, or a fish, or some gold dust. But you can buy whatever you want with an amount of dollars. Sure, in the current system. But that's not really saying anything, because you're basically saying ""Things are currently like X, therefore things should (and would) be like X under a different legal structure."" >It's only taxed at a 15.5% rate, IIRC. You'd probably come out ahead. I can't take this line of argument seriously, I'm sorry. You're emotionally invested in a fiat paper standard."


"Equity does not represent production divisions in a company (i.e. chocolate, strawberry, and vanilla does not make sense). In Sole proprietorship, equity represents 1 owner. In Partnership, equity has at least two sub-accounts, namely Partner 1 and Partner 2. In Corporations, equity may have Common Stockholders and Preferred Stockholders, or even different class of shares for insiders and angel investors. As you can see, equity represents who owns the company. It is not what the company does or manufactures. First and foremost, define the boundary of the firm. Are your books titled ""The books of the family of Doe"", ""The books of Mr & Mrs Doe"", or ""The books of Mr & Mrs Doe & Sons"". Ask yourself, who ""owns"" this family. If you believe that a marriage is perpetual until further notice then it does not make any sense to constantly calculate which parent owns the family more. In partnership, firm profits are attributed to partner's accounts using previously agreed ratio. For example, (60%/40% because Partner 1 is more hard working and valuable to the firm. Does your child own this family? Does he/she have any rights to use the assets, to earn income from the assets, to transfer the assets to others, or to enforce private property rights? If they don't have a part of these rights, they are certainly NOT part of Equity. So what happens to the expenses of children if you follow the ""partnership"" model? There are two ways. The first way is to attribute the Loss to the parents/family since you do not expect the children to repay. It is an unrecoverable loss written off. The second way is to create a Debtor(Asset) account to aggregate all child expense, then create a separate book called ""The books Children 1"", and classify the expense in that separate book. I advise using ""The family of Doe"" as the firm's boundary, and having 1 Equity account to simplify everything. It is ultimately up to you to decide the boundaries."


"It all comes down to how the loan itself is structured and reported - the exact details of how they run the loan paperwork, and how/if they report the activity on the loan to one of the credit bureaus (and which one they report to). It can go generally one of three ways: A) The loan company reports the status to a credit reporting agency on behalf of both the initiating borrower and the cosigner. In this scenario, both individuals get a new account on their credit report. Initially this will generally drop related credit scores somewhat (it's a ""hard pull"", new account with zero history, and increased debt), but over time this can have a positive effect on both people's credit rating. This is the typical scenario one might logically expect to be the norm, and it effects both parties credit just as if they were a sole signor for the loan. And as always, if the loan is not paid properly it will negatively effect both people's credit, and the owner of the loan can choose to come after either or both parties in whatever order they want. B) The loan company just runs the loan with one person, and only reports to a credit agency on one of you (probably the co-signor), leaving the other as just a backup. If you aren't paying close attention they may even arrange it where the initial party wanting to take the loan isn't even on most of the paperwork. This let the person trying to run the loan get something accepted that might not have been otherwise, or save some time, or was just an error. In this case it will have no effect on Person A's credit. We've had a number of question like this, and this isn't really a rare occurrence. Never assume people selling you things are necessarily accurate or honest - always verify. C) The loan company just doesn't report the loan at all to a credit agency, or does so incorrectly. They are under no obligation to report to credit agencies, it's strictly up to them. If you don't pay then they can report it as something ""in collections"". This isn't the typical way of doing business for most places, but some businesses still operate this way, including some places that advertise how doing business with them (paying them grossly inflated interest rates) will ""help build your credit"". Most advertising fraud goes unpunished. Note: Under all of the above scenarios, the loan can only effect the credit rating attached to the bureau it is reported to. If the loan is reported to Equifax, it will not help you with a TransUnion or Experian rating at all. Some loans report to multiple credit bureaus, but many don't bother, and credit bureaus don't automatically copy each other. It's important to remember that there isn't so much a thing as a singular ""consumer credit rating"", as there are ""consumer credit ratings"" - 3 of them, for most purposes, and they can vary widely depending on your reported histories. Also, if it is only a short-term loan of 3-6 months then it is unlikely to have a powerful impact on anyone's credit rating. Credit scores are formulas calibrated to care about long-term behavior, where 3 years of perfect credit history is still considered a short period of time and you will be deemed to have a significant risk of default without more data. So don't expect to qualify for a prime-rate mortgage because of a car loan that was paid off in a few months; it might be enough to give you a score if you don't have one, but don't expect much more. As always, please remember that taking out a loan just to improve credit is almost always a terrible idea. Unless you have a very specific reason with a carefully researched and well-vetted plan that means that it's very important you build credit in this specific way, you should generally focus on establishing credit in ways that don't actually cost you any money at all. Look for no fee credit cards that you pay in full each month, even if you have to start with credit-building secured card plans, and switch to cash-value no-fee rewards cards for a 1-3% if you operate your financial life in a way that this doesn't end up manipulating your purchasing decisions to cost you money. Words to the wise: ""Don't let the credit score tail wag the personal financial dog!"""


"Ah ok, I can appreciate that. I'm fluent in English and Mr. Graham's command of English can be intimidating (even for me). The edition I have has commentary by Mr. Jason Zweig who effectively rewrites the chapters into simpler English and updates the data (some of the firms listed by Mr. Graham don't exist either due to bankruptcy or due to consolidation). But I digress. Let's start with the topics you took; they're all very relevant, you'd be surprised, the firm I work for require marketing for certain functions. But not being good at Marketing doesn't block you from a career in Finance. Let's look at the other subjects. You took high level Maths, as such I think a read through Harry Markowitz's ""Portfolio Selection"" would be beneficial, here's a link to the paper: https://www.math.ust.hk/~maykwok/courses/ma362/07F/markowitz_JF.pdf Investopedia also has a good summary: http://www.investopedia.com/walkthrough/fund-guide/introduction/1/modern-portfolio-theory-mpt.aspx This is Mr. Markowitz's seminal work; while it's logical to diversify your portfolio (remember the saying ""don't put all your eggs in one basket""), Mr. Markwotiz presented the relationship of return, risk and the effects of diversification via mathematical representation. The concepts presented in this paper are taught at every introductory Finance course at University. Again a run through the actual paper might be intimidating (Lord knows I never read the paper from start to finish, but rather read text books which explained the concepts instead), so if you can find another source which explains the concepts in a way you understand, go for it. I consider this paper to be a foundation for other papers. Business economics is very important and while it may seem like it has a weak link to Finance at this stage; you have to grasp the concepts. Mr. Michael Porter's ""Five Forces"" is an excellent link between industry structure (introduced in Microeconomics) and profit potential (I work in Private Equity, and you'd be surprised how much I use this framework): https://hbr.org/2008/01/the-five-competitive-forces-that-shape-strategy There's another text I used in University which links the economic concept of utility and investment decision making; unfortunately I can't seem to remember the title. I'm asking my ex-classmates so if they respond I'll directly send you the author/title. To finish I want to give you some advice; a lot of subjects are intimidating at first, and you might feel like you're not good enough but keep at it. You're not dumber than the next guy, but nothing will come for free. I wasn't good at accounting, I risked failing my first year of University because of it, I ended up passing that year with distinction because I focused (my second highest grade was Accounting). I wasn't good in economics in High School, but it was my best grades in University. I wasn't good in financial mathematics in University but I aced it in the CFA. English is your second language, but you have to remember a lot of your peers (regardless of their command of the language) are being introduced to the new concepts just as you are. Buckle down and you'll find that none of it is impossible."


My wife and I use a digital form of the envelope system. We call it a budget; we record how much we want to allocate each month to spend--for each category of expense--in a spread sheet. Why use prepaid cards? Why not open a bunch of bank accounts and use debit cards from each if you want to separate the money? You could also keep a ledger for each account that you spend from on a smart phone or even in a physical ledger. The reason for the envelope method is that it psychologically hurts some people to physically part with cash. Once you digitize it in some factor, you lose what is the primary touted benefit, and it's no longer the envelope system. The secondary benefit that--once the budget for one category is gone, it's gone--is only as good as the discipline you have to not rob cash from another envelope; why is this any easier than the discipline of not debiting beyond the bottom of the ledger? So a budget IS a digital version of the envelope system; once the physical cash is removed from the equation, it's definitely not the envelope system. Sorry for the contrarian take on this question, but I've never been a fan of the envelope system for many of the reasons you have described. I guess I'm too young for the cash psychology to work for me.


"Wikipedia has a list of countries which ban foreign exchange use by its citizens. It's actually quite short but does include India and China. Sometimes economic collapse limits enforcement. For example, after the collapse of the Zimbabwean dollar (and its government running out of sufficient foreign exchange to buy the paper necessary to print more), the state turned a blind eye as the US dollar and South African rand became de facto exchange. Practicality will limit the availability of foreign exchange even in free-market economies. The average business can't afford to have a wide range of alternative currencies sitting around. Businesses which cater to large numbers of addled tourists sometimes offer one or two alternative currencies in the hopes of charging usurous rates of exchange. Even bureaux de change sometimes require you to order your ""rarer"" foreign exchange in advance. So, while it may be legal, it isn't always feasible."


If thats how you feel (its how I feel ) then the last thing you want bankers doing is accepting deposits from people who think their money is not being risked, then making loans with it (fractional reserve banking). And fdic is not an answer to that fundamental problem.


Could be. I haven't read the law or how its written nor am I a lawyer. Just saying there's usually a way around these things. They could also make the business decision that the risk of lost sales is worth the potential lawsuit loss. We're all just pontificating here ¯\_(ツ)_/¯


"Commentators say ""that's how capitalism works."" It's also how it doesn't work. At the extremes systems break down. A heavily socialist state couldn't move to American style capitalism. Too many parts don't work. Picture the US with 7 billion citizens. If 4 or 5 billion don't work, how does the system operate? There are limits and the argument is about where those limits are and what are the alternatives, besides war and plague."


"Wow. Just ... wow. We all must start where we are, I guess. The past is the past. There almost certainly isn't a cheap way to fix this. You're already on the hook for $4k per month. Your money is enabling her behavior. You'd rather not enable her behavior, but the money is part of the consequences of your divorce, so into her bank account it goes. Those who control how much alimony your ex-wife receives might reach the conclusion she needs more. That's not a hard conclusion for them to make. It's not their money. The living conditions are hurting your kids, and that's unfortunate, but that's also part of the consequences of your divorce. If it's deemed that your kids are better off not visiting her, then you might be relieved of paying child support (since you're supporting them at that point) but you might still be supporting her until some trigger is met, which might be never. (You know those details better than I do, of course.) If she's already lost her house, filed for bankruptcy, borrowed money from people that she hasn't paid back, and gets a check from you each month and still has utilities shut off, she'll continue to deteriorate financially until she hits rock bottom. Then, and only then, will she see the need to fix her behavior. Now, the (possibly) million dollar question for you is, ""Where is rock bottom?"" Do what you can to make that happen sooner rather than later, because you'll likely be subsidizing her all the way down, and part of the way back up. You've lost most of the leverage you once had to change her behavior, but try every way you can. You might hit the jackpot."


"Overall the question is one of a political nature. However, this component can have objective answers: ""What behavior is trying to be prevented?"" There are mechanisms by which capital gains can be deferred (1031 like-kind exchange, or simply holding a long position for years) or eliminated by the estate step up in basis. With these available, mechanisms that enable basis-reduction are ripe for abuse. On the other hand, if this truly bothers you then if you meet the IRS qualifications of a day trader, you may elect to use ""mark to market"" accounting, eliminating this entirely as a concern. Special rules for traders of securities"


"Part of your first link has this statement that I suspect you are missing: However, Section 13(a)(1) of the FLSA provides an exemption from both minimum wage and overtime pay for employees employed as bona fide executive, administrative, professional and outside sales employees. Note that executive is in that list. As for the additional note: To qualify for exemption, employees generally must meet certain tests regarding their job duties and be paid on a salary basis at not less than $455 per week. Generally which means, ""in most cases; usually."" is not a universal qualifier and thus exceptions can exist. I'd imagine that restricted stock could be a way around some of the rules as there would be a monetary value there in the case of the stock for companies of a particular size."


Jeff Bezos hasn't really made much money in Amazon. His goal was for Amazon to achieve a critical mass through economies of scale so hey kept building up his business instead of cashing out. Musk is doing the same with infrastructure. He's not just trying to create an electric car. That is a means to an end. His vision is to change transportation infrastructure by switching from fossil fuels to electric. This includes charging stations, battery technology, and energy harvesting (solar). All his projects are somehow transportation related. The Hyperloop, Boring Project, SpaceX, Tesla.


"Debt can be denominated either in a currency the country controls or a currency the country doesn't control. If the debt is denominated in a currency the country controls then they have the option of ""printing their way out of it"". That option doesn't come for free, it will devalue their currency on the global market and hurt savers in their country but it is an option. If the debt is denominated in a currency the country does not control then they don't have that option. As I understand it the US debt is in the first category. It's denominated in US dollars so the US government could if they so wished print their way out of it. On the other hand greece's debt is denominated in euros putting them at the mercy of european bankers."


to know the reasons, please click the link above and read this post. for sure you will learn a lot from this piece most especially on how you can always pay your financial obligations, like your credit card bills and monthly loan payments, on-time and in-full, each month.