"What can I do to help him out, but at the same time protect myself from any potential scams? Find out why he can't do this himself. Whether your relative is being sincere or not, if he owns both accounts then he should be able to transfer money between them by himself. If you can find a way to solve that issue without involving your bank account, so much the better. Don't settle for ""something about authorized payees and expired cards."" Get details, write them down. If possible, get documents. Then go to a bank or financial adviser you can trust and run those details by them to see what they have to say. Even if there's no scam, if what he's trying to do is illegal (even if he doesn't realize it himself) then you want to know before you get involved. You say you're willing to deal with ""other issues"" separately, but keep in mind that, even if there's no external scam here, those ""other issues"" could include hefty fees, censures on your own account, or jail time. Ask yourself: Does it make sense that this relative has an account overseas? I don't have any overseas accounts, because I don't do business in other countries. Is your relative a dual-citizen? Does he travel a lot? What country is the overseas account in? How long has he had this account? What bank is it with? Where the money is going is just as important as how it gets there (ie: through your account.) Arguably more so. Keep in mind that many scammers tell their marks not to share what's going on with anyone else. (Because doing so increases the odds of someone telling them to snap out of it.) It's entirely possible he's being scammed himself and just not telling you the whole story because the 419er is telling him to keep it quiet. (Check out that link for more details on common scams that your relative may be unwittingly part of, btw.) Get as many details as possible about what he's doing and why. If he's communicating with anyone else regarding this transfer, find out who. If there are emails, ask his permission to read them and watch for anything suspicious (ie: people who can't spell their own name consistently, constant pressure to act quickly, etc.)"


You increase the capital account by the additional contributions and retained earnings and decrease the capital account by the distributions of return of capital and/or losses. Distributing gains doesn't change the capital account. So in your case it would be: 1st year we lost money Assuming you lost 20K, and the interests are even, it will look like this: 1st year we break even Nothing changes - you break even, means the balance sheet doesn't change (in this example). 1st year we made money Assume you gained 20K and kept it: If you didn't retain the earnings, it would look the same as case 2 - no change. Note that this is only the financial accounting, tax accounting might look differently. For example, in the US Partnerships (or LLCs taxed as) are pass-through entities, on in case 3 while you retained the earnings, the partners will still be taxed. I'm of course neither CPA nor a licensed tax adviser. I suggest you get a consultation with one. Only a CPA can provide a reliable accounting advice or sign official financial statements, reviews and audits. Only a EA, CPA or an Attorney specializing in tax law can provide a tax advice.


What's interesting is the fox article they are citing talks about the impact on home owners and business not the benefit to labor. ¯\\\_(ツ)\_/¯ >[Just how bad is it? According to the National Association of Home Builders, more than 56 percent of developers nationwide are reporting labor shortages. ](http://www.foxnews.com/us/2017/08/02/texas-home-builders-relying-on-immigrant-labor-feel-effects-immigrant-crackdown.html)


According to the instructions to the form - yes, you do need an ITIN. Line 6. .... If you do not have an SSN and are not eligible to get one, you must get an individual taxpayer identification number (ITIN). To apply for an ITIN, file Form W-7 with the IRS. It usually takes 4-6 weeks to get an ITIN.


To be fair, Inland Revenue has options here. They don't have to accept this transfer pricing scheme Starbucks has come up with to funnel their profits to, almost certainly, some overseas tax haven. I work with the Treasury team at a large British multinational pharma company in Japan. There are constant disputes between Inland Revenue and the IRS and the Japanese NTA and the British, Japanese and U.S. companies over what is an appropriate or inappropriate level of royalty for patents and trademarks owned by the three and licensed back and forth.


It's not unusual/undesirable. If everyone prepaid their mortgage, banks would not like this, but we're in no danger of that :). Also, the amount you are pre-paying is not so significant as to make them pay special attention. In many cases when a borrower pre-pays, they will not continue to do so over the life of the loan since it's so easy to stop at any time, and the extra payments are voluntary. Depending on who originated the mortgate, it might be sold even more often than in your case. It's no longer commonplace for a bank to hold a mortgage to maturity, now that banks and other institutions have separated the origination of the loan from its servicing. It's likely that your mortgage was bundled with others through a process called securitization, and will be bought/sold based on the bank's need for liquitity or to balance out the maturity of its assets and liabilities (whether they need more cash now versus later), or based on the types of ways your bank has decided that it wants to make money versus farming out other types of business to others. What would substantially change the value of your mortgage to a bank is if it were performing (ie you are paying on time) but then became non-performing (ie you fall behind in your payments). It's also possible that if you have a very small mortgage or principal balance, that there is very little risk to the bank, and little difference between the present and future values of your loan, but banks don't typically make these types of transactions based on the characteristics of an individual loan.


I don't want to ruin your childhood, but, some companies are in the red with no sight of seeing black on their balance sheets in the future with whatever Kay-Bee toys business model was. Some business models just don't adapt to changes in the game, and have been too inefficient for too long. They run a business, not a charity. EDIT: Not sure why I'm getting downvoted. We're not talking about a fantasy world where everyone will be employed and every business will succeed. That's just not realistic. If Kay-Bee toys was sold to Romney's Bain Capital means it was probably in shambles in the first place, and the employees would have lost their jobs anyway.


The question should be - do you need a debit card? Other than American Express I have to tell my other credit card issuers to not make my cards dual debit/credit. Using a debit card card can be summed up easily - It creates a risk of fraud, errors, theft, over draft, and more while providing absolutely no benefit. It was simply a marketing scheme for card companies to reduce risk that has lost favor, although they are still used. That is why banks put it on credit cards by default if they can. (I am talking about logical people who can control not overspending because of debit vs. credit - as it is completely illogical that you would spend more based on what kind of card you have.)


"Already a lot of great answers, but since I ask myself this same question I thought I'd share my 2 cents. As @user541852587 pointed out, behavior is of the essence here. If you're like most recent grads, this is probably the first time in your life you are getting serious about building wealth. Can you pay your loans down quickly and then have the discipline to invest just as much -- if not more -- than you were putting towards your loans? Most people are good at paying bills in full and on time, yet many struggle to ""pay themselves"" in full and on time. As @Brandon pointed out, you can do both. I find this makes a great deal of practical sense. It helps form good behaviors, boosts confidence, and ""diversifies"" those dollars. I have been paying double payments on my student loans while at the same time maxing out my IRA, HSA, & 401k. I also have a rental property (but that's another can of worms). I'm getting on top and feeling confident in my finances, habits, etc. and my loans are going down. With each increase in pay, I intend to pay the loans down faster than I invest until they're paid off. Again -- I like the idea of doing both."


When you want to pay a bill on line there are several ways to do it. You can give them your credit card details: Name on Card, zip code, credit card number, and 3 or 4 digit security code on the back. Most of the information is available on the card or via an easy Google search. If the crook has your card they can use it to buy something. You can contact your bank's website and establish a one time or recurring transfer. You provide the information about the person/company. Your bank knows who you are because you used a secure system and your password. Their bank accepts the money because who would refuse money, they don't care who you are. You can provide the company with your bank info (bank number, your account number, and your name). If your bank limits their transactions via this method only to legitimate organizations, then your money will only be sent to legitimate organizations. But if the organization has no way of knowing who is on the other end of the phone or webpage, they may be withdrawing money from a bank account without the account owners permission. In the example article a person found a charity that had lax security standards, they were recognized by the bank as a legitimate organization, so the bank transferred the money. The charity will point to the form and say they had permission from the owner, but in reality they didn't. The subject of the article was correct, all the info required is on every check. It is just that most people are honest, and the few security hurdles that exist do stop most of the fraud.


This doesn't shock me. I actually look forward to it. I find that TV quality has taken a real nose dive in the last 10-15 years. The Learning Channel is just pregnant teen midgets, the History Channel is now about truck driving hillbillies and aliens, and discovery is ... well I don't even know what it is anymore. It seems those channels are changing to favor those who still like tv - and the people still watching tv enjoy teen pregnant truck driving midgets.


So, you agree that the government is actively colluding with klepto-capitalists to restructure the US into a series of all-dominating monopolies crushing consumer value and worker interests, but you don't think the gov officials doing that are in it for their own gain and not yours? Bro, do me a favor, look up Hillary Clinton's net worth, and tell me how the fuck she did that on a gov salary. Look up Susan Rice's net worth. Look up just about any congressmans net worth and tell me how the fuck they did that.


It depends on the timing of the events. Sometimes the buying company announces their intention but the other company doesn't like the deal. It can go back and forth several times, before the deal is finalized. The specifics of the deal determine what happens to the stock: The deal will specify when the cutoff is. Some people want the cash, others want the shares. Some will speculate once the initial offer is announced where the final offer (if there is one) will end up. This can cause a spike in volume, and the price could go up or down. Regarding this particular deal I did find the following: http://www.prnewswire.com/news-releases/expedia-to-acquire-orbitz-worldwide-for-12-per-share-in-cash-300035187.html Additional Information and Where to Find It Orbitz intends to file with the SEC a proxy statement as well as other relevant documents in connection with the proposed transaction with Expedia. The definitive proxy statement will be sent or given to the stockholders of Orbitz and will contain important information about the proposed transaction and related matters. SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT CAREFULLY WHEN IT BECOMES AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. The proxy statement and other relevant materials (when they become available), and any other documents filed by Expedia or Orbitz with the SEC, may be obtained free of charge at the SEC's website, at www.sec.gov. In addition, security holders will be able to obtain free copies of the proxy statement from Orbitz by contacting Investor Relations by mail at ATTN: Corporate Secretary, Orbitz Worldwide, Inc., 500 W. Madison Street, Suite 1000, Chicago, Illinois 60661.


The use of an old address would make me suspect that your data was stolen from some database you had registered to long ago with the old address. I would think that contacting your credit rating firm and the credit card company is urgent.


No, they do this to change behavior by providing a disincentive (the stick) - $2 fee - on something they want their customers to do less of. In this case, they want everyone to sign up for automatic billing via CC or bank transfer. Their mistake was to not combine this with a positive incentive (the carrot) on the behavior they want more of. In this case, they should have promised a $2 monthly discount for the first year for customers who switch to automatic billing.


There's some differences between 2008 and now. Bush, then Obama didn't want to go after the bankers too hard because they were trying every trick in the book in order to try and reinstil confidence in the stock market and US financial system in order to convince people to start lending money again and break the country out of a deflationary liquidity cycle. Today, even if Sears going boom tumbled a bunch of other commercial real estate firms and retail stores, it wouldn't suddenly make the banks insolvent in the short run.


>Most unemployment insurance money goes right back into the economy anyway The reason for that is because it's being given to poor people who need it for food and shelter and other things that are urgent. If it goes to a millionaire this is not going to be the case.


this time float is a fabulous money maker for the banks. someone owns that money during that time and creams whatever interest is earned during those few days, and guess who that is. I think most of is is deliberate


">a startup has every intention of doing right. Most self-identified ""startups"" I have known (as distinguished from actual profit-seeking ""small businesses"") have, as their primary intent, the long-term goal of *selling shares to investors*. This is different from an actual *business* that sells products to customers. I'm sometimes a little skeptical."


I haven't worked with Xero before, but can't you just set it up as accounts payable? Put in an accounts payable for the contract. When the client makes a payment, the accounts payable goes down and the cash goes up.


I follow bitcoin more than you think. I suspect I understand it better than you do. So, back to our conversation. Let's stipulate for a moment that you *can* track things in the fashion that you have suggested. That then says to me that it would be relatively easy to ban bitcoin - you can just track down addresses, link them with people, and follow those addresses around. This would stand in stark contrast to the repeated denials by the hodlers that bitcoin can't be regulated - it's too decentralized, anonymous, etc. To many it has been held out as the perfect way to escape the state (i.e. a libertarian's wet dream). What say you to this? It's either very difficult to track and regulate, or it's very easy to track and regulate.


It depends on the way you have directed the order and the execution agreement you have signed with your broker. In case of DMA (direct market access) you would direct your order to the specific exchange - and that exchange would post your offer, assuming you did not tag it as hidden. However, if you just gave your order to the broker (be it via telephone, email or even online), they may not have to display your order to the market or chose which exchange to sell it on. It will also depend where the stock is listed. For most US listed and OTC stocks, regulation NMS applies where your order should have been executed against if it went to the exchanges. Check your account opening docs and agreements, particulary the execution agreement. In there it will tell you how your order should be treated. In case where the broker stipulates that you have DMA or that they will direct your order to Lit markets (public exchanges and not market making firms and dark-pools) then you may have a case - you would need to request information to whcih exchange your broker sent the order to. In case that you gave them discretion on routing of your order - read the fine print. The answer lies there. Regarding NBBO missing you quote as quantycuenta suggested above is also a possibility, however Reg NMS should take care of this. Do you have stock and date & time of your order?


The thing about the US and oil is that, we both produce and consume a lot of it. Yes the oil producing parts of the US economy benefit from a higher oil price and are hurt by a lower oil price, but the oil consuming sectors of the US economy benefit from a low oil price. So, it's hard to say definitively whether lower oil prices hurt or help the US as a whole. Although, I personally suspect that low oil prices benefit the USA economy more than they hurt it.


"Yeah most employers will say that their employment is ""at will"" and they can fire for anything but that's usually not true. If someone gets fired there has to be a reason. Those agreements that people are often required to sign when they start a job are not legally binding in any courtroom at all. Employers will usually lie about it because they are breaking the law and they know it. The only situation where they could get away with not having a reason to terminate someone is if they do not replace that person, which is a lay off. Basically any other circumstance they had a reason and they are responsible for that reason."


There is a moral and legal obligation to file the earnings. Not doing so is tax fraud. You should keep a ledger or some record of your earnings, helpful guidelines here. Records are required by the CRA: According to the law, your responsibilities include: (source) You could get in trouble if one of your pupils report the expense at their tax filing, and the CRA finds no matching statement on your filing report. Tutoring are eligible for tax credit in case of disability: Tutoring services that are supplementary to the primary education of a person with a learning disability or an impairment in mental functions, and paid to a person in the business of providing these services to individuals who are not related to the person. A medical practitioner must certify in writing that these services are necessary. So if one of your pupils fall under that provision, you will get tax trouble sooner or later. Bottom line: start making records now, and report your earnings. Collect your tax as any lawful citizen is required to.


Thank you for the links on VBA and R. I took several years of C++ programming in high school, so hopefully the concepts are similar. Initially I really wanted to get in to the investment side, but there aren't very many entry level investment related analyst positions that get posted in the Seattle area. If I only applied to the few investment related positions, I don't know if I would ever get a job, so I branched out to corporate finance as well out of necessity.


"Keep in mind, if the name is trademarked, you might have it taken away from you. If it's generic, there's a good chance the potential buyer would just move on and set up another domain name. Consider web names such as Stockpickr. The proper spelling is there, and remains unused, ""This domain may be for sale"" at the top of the page. I'm guessing they asked for too much money and the potential buyer just decided to move on. We are at the point where the new domain extensions (.space .name .guru and hundreds more) have watered down the potential value of many sets of words. I'm sure there are still good names, and yours might be as good as you think, but you might find resistance getting a deal that lasts beyond the sale date."


You're being too hard on yourself. You've managed to save quite a bit, which is more than most people ever do. You're in a wonderful position, actually -- you have savings and time! You don't mention how long you want/need to continue working, but I'll assume 20 years or so? You don't have to invest it all at once. Like Pete B says, index funds (just read what Mr. Buffett said in recent news: he'd tell his widow to invest in the S&P 500 Index and not Berkshire Hathaway!) should be a decent percentage. You can also pick a target fund from any of the major investment firms (fees are higher than an Index, but it will take care of any asset allocation decisions). Put some in each. Also look at retirement accounts to take advantage of tax-deferred or tax-free growth, but that's another question and country-specific. In any case, don't even blink when the market goes down. And it will go down. If you're still working, earning, and saving, it'll just be another opportunity to buy more at lower prices. As for the house, no reason you can't invest and save for a house. Invest some for the long term and set aside the rest for the house in 1-5 years. If you don't think you'll ever really buy the house, though, invest the majority of it for the long-term: I have a feeling from the tone of your question that you tend to put off the big financial decisions. So if you won't really buy the house, just admit it to yourself now!


The spring on the garage door will always break at some point of time. The garage doors are frequently used and with constant up and down the string are bound to suffer a metal fatigue and will break. The professional garage door repair service will easily replace the spring and your garage door will be back to work in no time.


First step is to see if you have any family members which can co-sign for you so you can get a credit card, then from there as you pay off the credit cards payments you can slowly build credit. However, since you don't have any previous credit history it'll be a slow process. I think that would be a good first step in the right direction. Alternatively, you can see if close relatives such as your parents can help pay for a financial advisor who can help you much better with issues like these


Here's an example (US, not Canada) that shows up to a 30% increase for first 6 months after a >30 day lapse, but the best data will come from actual quotes from insurers. If you can do without driving for 2 years it's almost certainly worth dropping coverage and a car for that duration and paying an increased insurance rate for a spell after the lapse. I'm not sure how it works in Canada, but when living with my parents they could not exclude me from their insurance once I was a licensed driver. The insurance company considered me to have access to all vehicles, so my presence increased insurance rates. If you live with your mother, you'll have to check with your insurer to see how that works.


PayPal pays with service tax, where ever you have exported you would have given the invoice, and the statement should be shown. I am also an exporter, I know the rules some times a CA might not be aware of PayPal. Just show your statement from PayPal and the deduction.


When discussing housing, food, education, healthcare, and personal safety why are you bringing the value of labor into it! We are all the same fallen apes trying to make it in this world. Try having some empathy and compassion.


"This is the best tl;dr I could make, [original](https://www.wsj.com/articles/in-defense-of-the-dismal-science-1503679118) reduced by 94%. (I'm a bot) ***** > In a recent essay, Ricardo Reis, an economist at the London School of Economics, argues that failing to foretell a financial crash is no more an indictment of economics than failing to predict when a patient will die is an indictment of medicine. > Economists didn&#039;t predict the financial crisis, Prof. Reis notes, but they did help to arrest it by applying theory and experience: &quot;The economy did not die, and a Great Depression was avoided, in no small part due to the advances of economics over many decades."" > Economists ask: Will it change employers&#039; demand for workers who earn the minimum wage? Or what they pay workers who earn just above the minimum? Or the prices they charge, or how much market share they lose to companies that don&#039;t face the higher minimum or how much they invest in automation? Does it reduce turnover and thus make workers more productive? ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6x2mby/in_defense_of_the_dismal_science_full_article/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~201507 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*: **economist**^#1 **economic**^#2 **work**^#3 **More**^#4 **economy**^#5"


My friend is the king of Nigeria with lots of gold. He would love to sign up for your program. He usually pays commission in direct gold deposits to your bank account. If you are interested I can have him contact you and he will reach you directly.


I think you'd be adding the transaction fee each time, so let's say it's 3% or minimum $10, your balance would be almost $580 by November. Unless for some reason you have a permanent no balance transfer fee card or the two cards let you pay bills without charging a cash fee of some sort.


I'd say $1M is a reach and not guaranteed in any way. A friend that goes to a top target has said the upper end is about $100k including bonus first year in IB, and sticking in banking might get you to $500k after about 5 years. The pay advances a lot better than it does in engineering/tech. Your major doesn't really matter as long as you have a solid GPA and can answer technicals.


"Canada would most likely not convert any time in the near future. The challenge for Canada converting to the US Dollar or the fictional ""Amero"" mentioned by JohnFX is that : Some of the benefits would be: The challenge right now for any government would be to sell the pros over the cons and from that viewpoint the cons would appear to have more negative impact to voters. Considering that Canada currently has a minority government with no expected change to that status for some time the risk would be very high. For more details see Pros and Cons of Canadian Monetary Union and to see the Mexican impact see North American Currency Union It is interesting to note that currency union was first proposed in 1999 when the Canadian Dollar fluctuated between $0.64 to $0.69 US. The Canadian Dollar is closer to par with the US Dollar currently (in fact it rose to $1.10 US in Nov. 2007). Look-up historical rates at the Bank of Canada"


It is a sad day indeed, for one of our own has decided to leave us. Let's honor threepeckeredgoat with a stroll down memory lane. The following links will lead you to /u/threepeckeredgoat's MVP moments in /r/economy. __Top Commments__ + [Legal immigrants are fine for the countr...](/r/economy/comments/6rktvf/fewer_immigrants_mean_more_jobs_not_so_economists/dl66gfa) + [https://ih1.redbubble.net/image.28242645...](/r/economy/comments/6vaasl/donald_trump_national_debt_has_decreased_by_12/dm02dyy) + [Actually I do know what it takes. I watc...](/r/economy/comments/6rktvf/fewer_immigrants_mean_more_jobs_not_so_economists/dl6klkv) + [Yeah wtf... this does not seem like an e...](/r/economy/comments/6vksjl/us_stocks_fall_after_trump_threatens_government/dm1s5xu) + [You are correct, our founding fathers we...](/r/economy/comments/6vaasl/donald_trump_national_debt_has_decreased_by_12/dm1rbrh) If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads


The two biggest issues that impact your question I would say are diversification and fees. If you have $10,000 to invest and only invest it in two securities, then a 20% drop in one security can have you lose 10% of your initial investment which I would consider a very high risk scenario. If you have $10,000 to invest and invest it in 20 securities, then a 20% drop in one security would only cause you to lose 1% of your initial investment. So far this is looking better from a diversification point of view. But then the issue of fees comes in. If you paid $10 per trade to buy those 20 securities you already spent 2% of your initial investment in fees! Not to mention you will pay at least another $200 to get out of all those positions. No right answer - but those are the two factors I always try to balance.


Personally, I'm a big fan of second price auctions anyway. It seems that applying that structure to this market would drop the incentive to get any sort of last look or any of the other collusion coming from these bid rigging schemes. Also, it seems like this is buy side collusion which is really strange. Generally it's considered a good thing when the price of goods drops closer to the marginal cost. In general, any points that a municipality gets on the money above what they're paying on the bond issue is a good thing. The less the banks have to pay to borrow those funds in the short term, the less they can loan them out for.


They cannot refuse to accept coins and demand some other payment after providing a good or service. Legal tender is legal tender for all debts. But until they provide the good or service, they don't have to accept it. In this case, you want the service of depositing money. But by its nature, they have to accept the payment first. In that situation, they can refuse it. There is no law that banks have to accept your deposits. If they don't want you as a customer, that's their problem. Consider switching banks. Historically this was easier and some banks may still do things the old way. Call your local banks and ask. Perhaps you'll find someone happy to do business with you, on your terms. As already said, some coin rolling machines will pay you with gift certificates. If you plan to buy a sufficient amount from the place that accepts the gift certificate, this can get that place to play the fee. That may help you, although it is obviously a limited solution. The goal is to make it so that you only make purchases that you would have anyway. The seller obviously has a different goal. It's possible to buy coin sorters. Heck, you could buy one with a gift certificate from a public machine. Cheap ones require extra work to get the coins rolled and may jam a lot. More expensive ones do more of the work for you. Note that a given sorter that works better may be cheaper than another that doesn't work as well. Cheap is more of a qualitative judgment than a financial measure in this case. If you carry a small amount of change with you, pretty much everywhere accepts small amounts of change for purchases. So if you have been always paying with dollars and dumping the change in a jar, instead always give the correct change (coins). They may still give you dollars in change, but at least you won't get new coins. And you'll use some of your existing coins. Of course, this doesn't scale well. For small purchases, say $1.50, you can often pay the whole thing in change without argument. Or if something is $18.50, you might give them $10, $5, two $1 bills, and the rest in change. If you are buying something and can see that they have little change in one of the coin buckets, offer to swap some change for bills. Sometimes places find that easier than breaking a roll. With vending machines, use change instead of dollar bills. Especially use exact change so as not to convert bills to change. They usually don't take pennies, but they're great with nickels and above. This won't allow you to use change as a way to force yourself to save. But it will keep your change down to a manageable level going forward. And you might be able to use up your existing store. I'm assuming that this isn't a fifty year coin collection that you are just now starting to process. But if you have six months of change, you should be able to use it up in a year or so. I tend to do this. So I rarely have more than a couple dollars in change. No one ever tells me that they don't take change, because I don't give anyone a lot. Maybe $.99 here but more likely $.43 there. Sometimes I give them, e.g., $.07 so as to get $.25 in change rather than $.18. It's a little more work at every transaction, but it saves the big clump of work of rolling the coins. And you don't have to buy wrappers.


No rep from amazon has ever stroked my ego, so I don’t know what you mean. And as far as “reps” go - people who help you with products beyond paint and decor rarely understand what they are selling - hence the “1 guy” they all depend on, vs the staff at a home store in Japan who all work in areas they know. So.. what exclusives? Are you buying tractors or some shit? Forklifts full of A-C subfloor? If you are buying enough to save “hundreds of dollars” at a time, I assume you are a contractor, and you a) should already know your shit, so reps are just there to prepare paperwork, and b) missing the point of what I am saying. If I call a parts supply warehouse and ask them for a [661-8124](http://www.powerbookmedic.com/parts/661-8124/Logic-Board-35GHz-Core-i7-Quad-Core-4GB.html), I’m not going to ask them what model it goes in or how to install it. The rep’s competence could easily be replaced by Amazon. If I have A broken Mac, I want to go to a store where they know how to fix it and give me advice, and in that manner Home Depot often falls flat. So they will eventually get their hat handed to them - because eventually Amazon will beat them in distribution and they won’t have the volume to warrant a chain of stores to draw foot traffic.


"Are there any known protections against obvious typos in the stock systems themselves? Do you know of stock exchanges which flags or rejects obviously wrong buy or sell orders (e.g., selling something for 0.1% of its highest buy order, or buying something at 1000 times the current sell order)? Does the stock exchange ""community"" have some sort of ""rules of conduct"" for this? Yes and No. Most Stock Exchanges for certain set of stocks have circuit breakers that are more to restrict panic selling or artificial drop in prices. The kind of controls you are mentioning can't be put on individual trades; as stock exchanges are meant to guarantee / provide neutral ground for the price to be determined by demand / supply. There are quite a few companies that have quickly lost value and become worthless with a day or two. Hence it becomes difficult to determine if something is error by an individual or not. Once an order is submitted to the exchange, it can't afford the to and fro to verify ... as even few seconds make a different in volatile markets. The kind of errors reported are difficult for an individual to make as he would not own the kind of stocks and the stock broker will stop the trade from being placed."


How was Scunthorpe steelworks sold for £1? I have £1, what is to stop me from buying a hyper distressed company like this for so cheaply? Why doesn't this happen more often? What are the advantages and disadvantages of the sale to the buyers and sellers?


I've never read such a bullshit article in my life. The alternative to garment manufacturing jobs in places like Bangladesh is subsistence agriculture, completely outside of the cash economy. If Communist/SJW of the West want to do something for the global poor, they need to look at population control and family planning. An overpopulated country will mean high pressures on the cost of living, and increased supply of labour will mean lower wages. This is exactly what China has done - control population, and let the free market dictate wages and conditions. Look at the result - the biggest uplift of a population from poverty in history, with wages still growing yearly. By contrast, look at Africa. The entire continent is supported by foreign aid, and its a basketcase, with the population of the continent forecast to grow to 4b by the end of the century.


If his ATM card is operational and (assuming it is Visa/Mastercard), he can use it at grocery stores and get cashback. Typically, there is no charge for this service.


> Vouchers pay the private schools what the public school would have received in the first place. The public school doesn't pay as much in taxes, and has a government supported administration that cuts waste at every chance. So the private schools collect all the voucher money, figure out they can't turn a profit, and go bankrupt. Sending all the kids they had enrolled back to the public schools or forcing another issuance of another voucher. Costing the school system double to triple for every kid that gets screwed that way. Which means the public school system doesn't have that money in their budget either, forcing further cuts. I have never considered this before. I can see the issue with it. You've changed my view on vouchers being a good system. >Secondarily it also causes self segregation at the schools, because all the affluent parent can afford to drive their kids to another school, poor kids need a bus that's not covered by a voucher. So we end up with schools that are 90% black/hispanic with only 50% speaking english in a county that is 66% white. While around the corner is a 90% white school where only 5% speak spanish when over 25% of the population does. And that's just the racial demographics that are immediately obvious. The poverty levels are harder to get data on. I don't consider this is necessarily a bad thing though. If schools are self segregated, it allows for teachers to teach in a certain way that is better for their demographic. >Either school security officer Bob on a power trip, or the delinquent in the hall, the problem is the same. Fearing for safety when there really shouldn't be a problem. You don't get either of those at schools where there is almost no poverty. You will have the same problem in Canada if you move to a school district that has a significant amount of poverty. >And I get the feeling you don't live near a population center. I don't live in a big city, but I live in a suburban area.


"My answer isn't a full one, but that's because I think the answer depends on, at minimum, the country your broker is in, the type of order you place (limit, market, algo, etc.,) and the size of your order. For example, I can tell from watching live rates on regular lot limit orders I place with my UK-based broker that they hold limit orders internally until they see a crossing rate on the exchange my requested stock is trading on, then they submit a limit order to that exchange. I only get filled from that one exchange and this happens noticeably after I see my limit price print, and my fills are always better than my limit price. Whereas with my US-based broker, I can see my regular lotsize limit order in the order book (depth of book data) prior to any fills. I will routinely be notified of a fill before I see the limit price print. And my fills come from any number of US exchanges (NYSE, ARCA, BATS, etc.) even for the same stock. I should point out that the ""NBBO"" rule in the US, under SEC regulation NMS, probably causes more complications in handling of market and limit orders than you're likely to find in most countries."


You're in the same situation I'm in (bought new house, didn't sell old house, now renting out old house). Assuming that everything is stable, right now I'd do something besides pay down your new mortgage. If you pay down the mortgage at your old house, that mortgage payment will go away faster than if you paid down the one on the new house. Then, things start to get fun. You then have a lot more free cash flow available to do whatever you like. I'd tend to do that before searching for other investments. Then, once you have the free cash flow, you can look for other investments (probably a wise risk) or retire the mortgage on your residence earlier.


"As you use the equations do you stop and ask, ""Why is this option better than using something else?"" In physics I have to do this all the time. Two different equations can give the same solution, or something similar, but along with the solution one may give interesting output along the way and the other may give no meaningful output other than the solution. A physics example to highlight my point: do I want to use sin(x) or the series expansion of sin(x)? I apologize in advance for my ignorance if this follow up questions is not applicable."


Dude, let go of the Muslims all being terrorists thing. One of us is wrong on the thing they keep bring up. It ain't me. Who I voted for is none of your business. I intentionally don't share such information. The only reason you want to know is so that you can bash me for my opinion. That's why you brought up Obama and Bernie. No, thanks. Go pester someone else about their politics.


"Banks are currently a lot less open to 'creative financing' than they were a few years ago, but you may still be able to take advantage of the tactic of splitting the loan into two parts, a smaller 'second mortgage' sometimes called a 'purchase money second' at a slightly higher interest rate for around 15-20% of the value, and the remaining in a conventional mortgage. Since this tactic has been around for a long time, it's not quite in the category of the shenanegans they were pulling a few years back, so has a lot more potential to still be an option. I did this in for my first house in '93 and again in '99 when I moved to a larger home after getting married. It allowed me to get into both houses with less than 20% down and not pay PMI. This way neither loan is above 80% so you don't have to pay PMI. The interest on the second loan will be higher, but usually only a few percent, and is thus usually a fraction of what you were paying for the PMI. (and it's deductible from your taxes) If you've been making your payments on time and have a good credit rating, then you might be able to find someone who would offer you such a deal. You might even be able to get a rate for your primary that is down in the low 4's depending on where rates are today and what your credit rating is like. If you can get the main loan low enough, even if the other is like say 7%, your blended rate may still be right around 5% If you can find a deal like this, it's also great material to use to negotiate with your current lender ""either help me get the PMI off this loan or I'm going to refinance."" Then you can compare what they will offer you with what you can get in a refinance and decide what makes the most sense for you. On word of warning, when refinancing, do NOT get sucked into an adjustable rate mortgage. If you are finding life 'tight' right now with house payments and all, the an ARM could be highly seductive since they often offer a very low initial rate.. however then invariably adjust upwards, and you could suddenly find yourself with a monster payment far larger than what you have now. With low rates where they are, getting a conventional fixed rate loan (or loans in the case of the tactic being discussed here) is the way to go."


If you are to take your lead generation campaign to another level, you have to do more than read call scripts over the phone or send cookie cutter emails to random contacts. In a highly diversified market, relying on any single method to generate leads is about as effective as having only one leg in a one-on-one football match. Make a switch to multi-channel lead generation and watch your marketing campaign shoot forward like someone who just grabbed some magic mushroom in Mario Kart.


Graduating from college is probably one of the most fulfilling triumphs you’ll ever achieve in your entire life. However, that joy also brings bigger responsibilities in life that could affect tax time too. This specific time in your life will have a lot to offer and before the winds of change take you to wherever you dream of, here are some advices from [Southbourne Tax Group](http://www.thesouthbournegroup.com/) to make your taxes easier where you can get a refund during filing time and save money as well. If your modified adjusted gross income is below $80,000 and you’re single, up to $2,500 of the interest portion of your student loan payments can be tax deductible, and below $160,000 for married person filing jointly. Job hunting expenses can be tax deductible too but there are exceptions such as expenses involved in your search for a new job in a new career field and working full-time for the first time. Major tax breaks are expected in case you are moving to a new and different city for your first job. Get a jump start on retirement savings with your company’s 401(k). Each year, you can secure up to $18,000 from your income taxes by contributing on one. If you have a family coverage, you could secure $6,750 from contributing to a health savings account in case you are enrolled in a high-deductible health plan. And if you are single, you can secure up to $3,400. Placing your money into a flexible spending account could keep an added $2,600 out of your taxable income. Getting big deductions for business expenses is possible if you are planning to be a freelancer or to be your own boss as a new college graduate. Southbourne Group also advises saving at least 25% of what you’re earning for the IRS. Research more about lifetime learning credit and understand its importance. You can claim up to $2,000 of a tax credit for post-secondary work at eligible educational institutions. This is possible if your adjusted gross income is below $65,000 as a single filer, or below $131,000 as a married person filing jointly. Saving money has a lot of benefits and one of which is cutting your tax bill. If you’re a married person filing jointly and have an adjusted gross income of less than $62,000, you may qualify for the saver’s credit, while for a single filer, it should be below $31,000. That can reduce your tax bill by up to 50% of the first $2,000 if you’re a single filer, or $4,000 if you’re a married person filing jointly you contribute to an eligible retirement plan. Southbourne Tax Group doesn’t want you to overspend on tax software and getting professional help in this regard. The firm suggests using the free packages from trusted tax software companies if your tax situation is quite simple. Get that professional help at Volunteer Income Tax Assistance program, which can help you meet with a pro at little or no cost.


This is the end goal. Drivers are a temporary inconvenience for these companies. That's not to say that they'll be immediately profitable when they don't have to pay drivers as I imagine there will be a steep race to the bottom as one tries to undercut the other.


It's not a question with a single right answer. Other answers have addressed some aspects, my case may provide some guidance as to one way of looking at some of the issues. When I had student loans, the interest rate was RPI¹ and I could get more than that as the return on a savings account. At the time I could get a whole year's worth of loan at the start of the year, save it, and draw from the savings, partly because I had a little working capital saved already. Importantly in my case, the loans were use-it-or-lose-it: if I didn't take the loan out by about halfway through each academic year, it was no longer available to me. The difference in interest rates was probably similar to what you can get with a careful choice of savings account and 0% on the loan (I did this in the 90s when interest rates were higher). Over a four year degree the interest I earned this way added up to no more than about £100, which went someway towards offsetting the fact I would be paying interest after graduation. If you can clear the loan before you pay any interest it would give you a return, but a small one that could easily be eroded by rate changes or errors on your part (like not keeping on top of the paperwork). It still may be beneficial to take out the loans depending on your capital needs -- in my case it made buying a house after graduating much easier, as we still had money for the deposit (downpayment) and student loan rates were much lower than mortgage rates (100% mortgages were also available then, but expensive). ¹ RPI stands for retail price index, a measure of inflation.


Theo thuyết Ngũ hành tương sinh ( Kim sinh Thủy, Thủy sinh Mộc, Mộc sinh Hỏa, Hỏa sinh Thổ, Thổ sinh Kim ) thì: - người mạng hỏa nên chọc mộc – các loại Tiền để đầu tư - người mạng thủy nên chọn kim – Vàng để đầu tư - người mạng mộc nên chọn thủy – Dầu thô để đầu tư - người mạng kim nên chọn thổ – Bất động sản để đầu tư => người mạng thổ nên ủy thác đầu tư => người mạng kim nên ủy thác đầu tư ở các kênh đầu tư Vàng – Chứng Khoán


Yes, becoming a millionaire is a reasonable goal. Saving 15% of your income starting at age 25 and investing in the stock market will likely get you there. The CAGR (Compound Annual Growth Rate) of the S&P 500 over the last 35 years has been about 11%. (That 35 years includes at least two fairly serious crashes.) You may get more or less than that number in the future, but let's guess that you'll average 9%. Let's say that you begin with nothing invested, and you start investing $100 per week at age 25. (If your annual income is $35,000, that is about 15% of your income.) You decide to invest your money in an S&P 500 index mutual fund. 35 years from now when you are 60 years old, you would be a millionaire ($1.2 Million, actually). You may earn less than the assumed 9%, depending on how the stock market does. However, if you stick with your 15% investment amount throughout your whole career, you'll most likely end up with more, because your income will probably increase during your career. And you will probably be working past age 60, giving your investments time to earn even more.


Some liquidity Since you're using IB, and you seem to be an investor not a trader, so you won't notice especially if you walk your orders, but you will suffer the bid/ask spread as everyone else albeit wider. If buying, the best strategy unless if one is time constrained is to walk the entire bid from the best bid to the best ask. It is highly likely that someone will hit your order before you hit the best ask. If they don't, as a long term investor, the few pennies won't make or break you, especially if the price per share is 100 USD equivalent, but it is an excellent habit to form and fun. Since you're buying ETFs, even though your orders are small, you would be adding liquidity to your market, helping it become more efficient because your orders could be used to arbitrage against all of the ETF's holdings, in turn providing liquidity for those holdings. No liquidity This could only be done with an extremely low cost broker like IB because the trading commissions would make it prohibitively expensive. There are huge risks when trading an illiquid security such as VEUR. EWL would be much less risky thus less expensive. Securities with no liquidity can be traded, but they must be traded very carefully. In the case of a security that can only attract about 20 shares per day in volume, only single shares should be bid. The market makers, suffering from a dearth in volume may not even be willing to haggle; therefore, the only recourse is a statistical arbitrageur, who will attempt to profit from the spread between other more liquid versions of the security. Considering the available alternative, VEUR is not recommended to trade.


Yours two funds are redundant. Both are designed to have a mix of bonds and stocks and allow you to put all your money in them. Pick the one that has the lowest fees and stick with that (I didn't look at the funds you didn't select...they didn't look great either). Although all your funds have high fees, some are higher than others, so don't ignore fees. When you have decided on your portfolio weights, prioritize your money thus: Contribute enough to your 401(k) to get the full match from your employer Put everything else toward paying off that credit card until you have 0 balance. It's ok to use the card, but let it be little enough that you pay your statement balance off each month so you pay no interest. Then set aside some savings and invest any retirement money into a Roth IRA. At your income level your taxes are low so Roth is better than traditional IRA or 401(k). If you max out your Roth, put any other retirement savings in your 401(k).


Honestly man, that's awesome. I'm super happy you have a great job and a caring company. I've been out of school now for a year and at my current career just over a year. They haven't offered me an increase yet, but I know I could snag another job and make 40% more. It's tough knowing that no matter what they can't / won't match it. Granted I'm probably at a different level /seniority of my career then you, but I speak for my current market and those in my age group (<25) it's much more lucrative to move out and up then stay within. Edit: and their business model is to hire outside rather than promote (don't ask me...)


"Thank goodness you replied again before i did i completely forgot to respond and that notification was a good reminder. Im genuinely enjoying the conversation and sorry about the name calling most of my political and economic debates happen with family where name calling is not only accepted but expected lol. > Too many people walk into the emergency room uninsured, or under-insured. They get emergent care that they are not covered for, and the hospitals jack up the prices greatly in the hopes of getting a larger portion reimbursed by Medicare [this link] (https://insight.kellogg.northwestern.edu/article/who-bears-the-cost-of-the-uninsured-nonprofit-hospitals) seems to contradict that statment. i dont know enough about the system to say youre wrong but it doesnt sound very real to me. >Again, Switzerland has lower tax rates than the US, but they don't even crack the top 20 when it comes to countries with low taxes. Youre obviously not wrong but there are many places on that list id love to retire in. Amongst the developed world from what im seeing [here] (https://en.wikipedia.org/wiki/List_of_countries_by_tax_rates) has the 27th lowest individual income tax rate when it applies to there highest bracket. now i use the term ""developed"" very loosely here as there are countries ahead of them on that list that clearly arent part of the developed world but its not up to me to decide what the swiss rank is. >So you work in construction, an industry in which commercial is notorious for underbidding a contract (whether to government or to private), and then running into unexpected overages that cause the job to go over schedule, over budget. This is dangerously false. The industry isnt known for underbidding and going over budget. Only really really really bad contractors do that. What a lot of good contractors do is, when you know a general contractor for a long time or youre trying to to build a relationship you do eachother favors so they will say for instance ""hey man i dont have the budget to pay you what you need so take a loss on this one and we'll take care of you on the next one"" or they will find some money unaccounted for in the budget and throw it your way in the form of extra work done. >Its not like the government just sits around and takes it. I know of at least one federal contractor who went to federal prison for fraudulently winning contracts in my part of the country. In my line of work they really do just sit back and take it, from what ive experience you have to be super greedy and really fuck up to get their attention. 1 job i did, i was only there for 3 weeks total and in that 3 week period i saw all types of osha violations, rescource waste, time waste and plenty of govenrment workers who didnt really know what they were doing ""checking"" on the job to make sure progress was being made. >It is because government has tremendous resources that they can throw at a problem. This is where we really do differ, i see this as a bad thing. I see it as them not spending money efficiently money that they got from me and my hard work. Look at the f22 raptor for instance it is now 3 times over budget from the projections for how much of an upgrade? Whats the point of a contract if someone can just go over budget 3 times over without anyone blinking an eye. Why not just say ""get it done and bill us"". I understand your point of view completely i just vehemently disagree with it especially because i think the government source of revenue is based around theft."


In the end you, your dad, and your brother should come to an agreement so there's no surprises or unfulfilled expectations, but here's my opinion: If you can afford to make the additions now: I would offer to pay fully for the addition, with the understanding that the additional value that it generates is yours. That keeps everything in your name, and should be fair since you pay for the expense and someday reap the benefit. If you can't afford to make the additions now: I see two options: have your brother buy your father's house, giving you half of the proceeds, and use those proceeds to make the addition as above, or split the cost of the addition and have some sort of contract drawn up promising to reimburse him (with the amount of the reimbursement very clear, like XXX dollars plus accrued interest at Y% annually) as a condition to selling the house. One other part you didn't mention is any compensation you get for keeping your father at your house. What compensation (if any) you get is not as important as making sure that the three of you all agree on what is fair. In any case, clear, honest communication and full agreement is key. There is a very real risk that when your father's estate is settled that there will be disputes over what the agreement was and who it entitled to what. Having everything in writing may sound cold, but it keeps everyone on the same page.


Here are some ways my family saves money on our home insurance: Here are a couple of good articles on the subject: Finally - make sure you get adequate coverage! Make sure you consider your real insurance needs, and not just the cost of the insurance. If the worst happens, you'll want good coverage with a good company.


>Note from the Editor: Hyperinflation is becoming more visible every day—just notice the next time you shop for groceries. All signs say America’s economic recovery is expected to take a nose dive and before it gets any worse you should read The Uncensored Survivalist. This book contains sensible advice on how to avoid total financial devastation and how to survive on your own if necessary. Click here for your free copy If someone includes this kind of stuff on their website, I assume whatever they say is probably uninformed at best.


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


Yes, on the settlement the stock is yours to sell with no risk of freeride or day trading applying.


Avoir les équipements de restauration parfaits résout de nombreux problèmes et vous aide à faire de la nourriture délicieuse. Allez sur Internet pour trouver le bon type d'équipement dont vous avez besoin et qui correspond à vos besoins et à acheter en conséquence.


Couple of my friends went through a fraud agent who ran off with their money and the landlords were none the wiser. So it always pays to be a bit diligent. Are they a well known letting agents nationally ? Many agents do have different accounts to manage their properties. Yours seems a case as such probably i.e. they manage the property on behalf of the landlord so keeping their monies differentiated. Did you sign an agreement ? If yes go through what is written in the agreement, most of it is same in all agreements but have a look anyway. Check if there is mention of deposit protection scheme. One thing you could do is go to a bank to do the transfer, the same bank where the letting agent holds their account and confirm from them if it is really a personal account or a business account. I am not sure how possible it is, but doesn't hurt to ask. If it is a personal account, then fraud is the most possible cause. The sort code should tell you which branch and which bank. Or the best option is to ask the estate agents to show a recent statement of the bank account, where the money is to be deposited into. Some tips


> Say you repeal a tax, without reducing public spending. Then if you analyze the economic impact, that does not fairly represent the impact of the tax, now does it? You are right but my issue is that you are accounting for changes that are not happening. If you are comparing a country's tax structure before and after a wealth tax then I would agree; however, in this case all the subjects are separate economies and have (presumably) found some sort of equilibrium. The wealth tax policy is not changing for them so there is no surplus or deficit of public spending to adjust for.


"[""Lights in the Tunnel""](http://www.thelightsinthetunnel.com/) dose a good job in coming up with an alternative economic system for when robots and machine replace most of the work done by humans.. Though personally I think that as technology evolves from factory sized machines which support employment to much smaller cheaper machines such as desktop 3D Printers or Lab-on-a-chip devices, then the need for factories and workers will disapear, replaced by a second industrial revolution - [“industrialization of the home”](http://nutrinium.blogspot.co.uk/2012/06/normal-0-false-false-false-en-gb-x-none.html), maybe.."


This is a topic which requires a lot of reading, but here's a place to start: http://web.worldbank.org/WBSITE/EXTERNAL/DATASTATISTICS/EXTDECSTAMAN/0,,contentMDK:20908551~menuPK:2648276~pagePK:64168445~piPK:64168309~theSitePK:2077967~isCURL:Y,00.html Essentially, (in an effort to make the GDP more accurate), we adjust it for things like inflation. The problem is that our inflation numbers were severely affected by changes Clinton made, including Hedonics. GDP is adjusted by a inflation model that is different than our inflation reporting, meaning that the two do not represent comparable data, (which is why we can have a growing GDP but an apparent loss of purchasing power, even when the GDP growth isn't being concentrated in the already wealthy). GDP itself is a concept that was introduced by Keynes, and is itself of limited utility, something Keynes himself talked about. It should never be used as a universal measure of economic health, although that's what we pretend it is today.


Is the stock's price at any given moment the price at which all shares could be sold to new investors? No. For the simple fact that the current bid/offer always have sizes associated. What you should be looking at is the consolidated price to buy/sell X shares (10bn doesn't really work as not everyone is willing to sell/buy). If you look at the spread of the consolidated price at your quantity level, you'd notice it would be in stark contrast to the spread of the best bid/offer but (by definition) that would be the price to buy or sell X shares to new investors. Edit Calculation of the consolidated price of X shares: You go through the order book and calculate the size-weighted average price until you covered X. Example: So the consolidated price for 3000 shares would be $39.80, the consolidated price for 2000 shares would be $39.90.


Congrats on finishing your time and starting school. I recommend reading the Intelligent Investor by Benjamin Graham. Other than being a great basic investing book, it highlights a shift from actively managed brokerage accounts. If you want to be an IB, it is important to understand the market you are getting into (and the different changing aspects of it). As for further reading / prep, start learning about the Series 7, 63, 66 exams. Become comfortable with finances and never stop reading. Good luck!


A general rule of thumb is to avoid having more than 5% of your investments in any single stock, to avoid excessive risk; it's usually even more risky if you're talking company stock because an adverse event could result in an inferior stock price and you getting laid off. Under other circumstances, the ideal amount of company stock is probably 0%. But there are tax benefits to waiting, as you've noted, and if you're reasonably confident that the stock isn't likely to jerk around too much, and you have a high risk tolerance (i.e. lots of extra savings besides this), and you're comfortable shouldering the risk of losing some money, it might make sense to hold onto the stock for a year - but never any longer. The real risk to holding a lot of company stock doesn't depend on how often you buy it and sell it per se, but having period purchases every month should make it easier for you to ladder the funds, and regularly sell your old shares as you purchase new shares. You might also consider a stop-loss order on the stock at or near the price you purchased it at. If the stock is at $100, then you buy at $85, and then the stock drops to $85, there are no more outstanding tax benefits and it makes no sense to have it as part of your portfolio instead of any other speculative instrument - you probably get better diversification benefits with any other speculative instrument, so your risk-adjusted returns would be higher.


It's impossible to determine which event will cause a major shift for a certain currency pair. However, this does not mean that it's not possible to identify events that are important to the overall market sentiment and direction. There are numerous sites that provide a calendar for upcoming and past events and their impact which is most of the time indicated as low, medium and high. Such sites are: Edit: I would like to add to that, that while these are major market movers, you cannot forget that they mainly provide a certain direction for the market but that it's not always clear in which direction the market will go. A recent and prime example of a major event that triggered opposite effects of what you would expect, is the ECB meeting that took place the 3rd of December. Due to the fact that the market already priced in further easing by the ECB the euro strengthened instead of weakening compared to the dollar. This strengthening happened even though the ECB did in fact adjust the deposit by 10 base points to -0.30 % and increased the duration of the QE. Taking above example into consideration it's important to always remember that fundamentals are hard to grasp and that it will take a while to make it a second nature and become truly successful in this line of trading. Lastly, fundamentals are only a part of the complete picture. Don't lose sight of support and resistance levels as well as price action to determine when and how to enter a trade.


I still think it will be rather difficult. Best bet is to call around to the five or so closest dealers and express you are considering the car contingent on price (NOT PAYMENT). Ask for them to send you their best out-the-door price on a base model. Then when you get quotes from each of them, shop the lowest price around. Usually dealers will budge a few hundred bucks to beat other dealers. But a 2018 STI will be difficult, if not impossible, to negotiate a few grand under MSRP. Understand that the people that buy this car are not doing so because it is a great bargain. So dealers can usually push this car at or near MSRP. Lastly, do not set foot in a dealership until you have a firm out-the-door price. They will play sales tricks until you give up on negotiation and will pay anything just to get out of there. The only time you should go to the location is to sign papers and drive away with the car. Do not worry about being nice and congenial with the salesperson. This advice got me my current vehicle at about 15% below the lowest True Car estimate. I don't claim this is the best advice out there but it works.


Here are the lists for the tax forms that Deluxe and Premier include. I think you'll be fine with Deluxe because it sounds like all you need is the Schedule D/8949 forms. Deluxe actually includes most investment related forms.


No major is useless, some are more useful than others though. I can't really comment on the usefulness of an Economics degree as I majored in Finance (Hopefully someone with an Economics BS/MS/MD can answer that for you here shortly). While I have your attention though, what has you interested in an Economics degree?


">It's Disney so they will stay family friendly vs another company that may have gone R. ""Family friendly."" - i.e. neutered and toned down for moral Orels. They should just turn the franchise over to HBO. Prudish families can go fuck themselves and die."


"I use Google Finance too. The only thing I have problem with is dividend info which it wouldn't automatically add to my portfolio. At the same time, I think that's a lot to ask for a free web site tool. So when dividend comes, I manually ""deposit"" the dividend payment by updating the cash amount. If the dividend comes in share form, I do a BUY at price 0 for that particular stock. If you only have 5 stocks, this additional effort is not bad at all. I also use the Hong Kong version of it so perhaps there maybe an implementation difference across country versions. Hope this helps. CF"


Me too. The guy who wrote this article is the same as me. I never watch commercials, and it's extremely rare if they ever cause me to go buy something. I really don't see the point in commercials anymore. Any commercials I do remember are the funny ones and I'll remember the characters better than the actual product. If it wasn't for Comcast bundling cable with our internet for a low price we wouldn't even have cable. EDIT: I understand that commercials want brand awareness as well. My point is that this really doesn't apply to me because 95% of the products I buy(food, clothes, and electronics) currently don't have any commercials on TV, if ever. I'm a frugal shopper and if a commercial resonates with me, it's because it's a great deal and not because it's a brand name.


I'm going out on a limb and calling bullshit. Here's a fact: Reddit has never turned a profit. And how will it? Unless you put up ads, or allow MANY more sponsored posts (a la Twitter), it's very difficult to see a monetization strategy for this site. Heck, most reddit users are offended at the very suggestion that reddit might be used - **gasp** to make *money.*


"Can you elaborate? What other countries are you talking about? It's definitely not uncommon for publicly funded ""healthcare"" (unsure why you put this in quotations) to go to corporate revenues / profits. Canada and Switzerland are two examples off the top of my head who use similar systems. Many other countries use a private sector component. ""The margins are huge"" largely because of government involvement. The bloated Resource-Based Relative Value Scale (RBRVS) standardized payment scheme determines payments for services based on the resource costs estimated by a committee that meets in private (the Relative Value Update Committee). This impractical archaic value system has been adopted by 80% of private insurers, impairing their ability to drive down and offer more competitive prices."


My understanding is that fentanol should only be prescribed for cancer pain. Any other indication is inappropriate. But that most of the fentanol is illegally mixed in heroin, made in China and contributes to a lot of deaths. That isn't coming from doctors.


"No. That's idiotic. Blockchain is a security technology. It's like asking ""Will quantum computers replace Amazon and eBay?"" The answer is ""No, you fucking moron, stop throwing buzzwords together like you're a 60 year old step dad trying to impress people."""


Or perhaps you like feeling superior to people and you forget that you should treat people with some basic respect by default. There's no reason to be openly rude to begin with. Yes my statement was overly general, and I later admitted I didn't know about what I was talking about and should have qualified better. But generally I have had good interactions with most people on reddit even when disagreeing with them. I love conversation and learning things and actually have very little problem with being called wrong. It just rubbed me the wrong way how your comment needed to personally belittle me through direct insults to get a point across when I was stating a general opinion. Your words didn't help to illustrate your point or advance the discussion, only to be insulting a rude. Yes, this is the Internet and I should post on reddit like I have all the other message in the past and not try to fight the rudeness, hostility, and general rude and abrasive behavior of posters by default, but I've seen so much better here day after day. I try to treat people here with the utmost respect even when disagreeing with them. I just thought I would point out how off putting your comment is, and how unnecessary that attitude would have been because I would have admitted the same thing without your insults. Also, you may not be a douchebag, but your last response uses the same belittling attitude of your other posts in this thread, and all of your claims about me could be made about yourself (with some minor tweaking). I would rather just have civil conversations on reddit where I consider everybody friends by default, instead of the rest of the Internet where I consider everybody as savages with alanonymity who attack others for pleasure and lulz.


"They trick people into rigged contracts, which requires paying uber even if you quit. So your time spent making money at another job belongs to uber. What makes it ""sort of"" slavery is the foolishness of entering the contract."


You should check with the Office of Student Affairs (or equivalent) at your University to see if you can accept Credit Cards. Many will only allow you to accept student organization dues paid in cash, check, or money order. Many universities will also provide your organization with basic operating funds, if you request it. Your first point of contact should be your faculty adviser, though. Your best bet would be to just use cash. Learn where the nearest ATMs are. If you are set on using credit cards, set up a PayPal account and just use it to reimburse the person who fronts the money (cover the markup). Everyone will have to have a PayPal account set up, linked to their credit card. You can avoid fees by using a bank account. If you're so inclined, you can set up a Business account and have a PayPal Debit Card, but you'll want to check with your adviser / University by-laws to see if you're allowed. Don't expect any of these to work as website implementations. As you're a University group, you will undoubtedly be meeting in person such that an exchange of cash/check/money order would be trivial In short, you'll need to check into the rules of your University. Credit cards generally carry processing fees, charged to the merchant, which (on its own) carries some tax implications.


I have a low position. Only 300 shares but will probably purchase more when it's in the .2-.3 range. They're pumping this company so it'll meet the NASDAQ requirements so i'm predicting executives will be putting a lot into the pool. Let's ride, boys.


You can argue that cash dividend is a kind of split as well by this logic. The stock price on ex-dividend gets a hit coincidental with the dividend to be paid, so one can argue that the investor has the same cash value on the day the dividend was paid as if it wouldn't be paid at all. However, for the company to distribute stocks instead of cash may be advantageous if they have low cash reserves but significant amount of treasury stocks, and the stocks are of high liquidity. It is also a way for the company to release treasury stocks without diluting the current shareholders and creating taxable income to the company, that's an important factor to consider. This is in fact the real answer to your question. The main difference between split and stock dividend is that in split, the stock distributions proportions don't change. With stock dividend - they do. While the outstanding share proportions do not change, total proportions do, because of the treasury stocks being distributed. So company has less stocks in its vaults, but everyone else still has the same proportions of ownership. Compare this to split: company's treasury stocks would be split as well, and it would continue essentially sitting on the same proportion of stocks. That shift of treasury stocks to the outside shareholders - this is what makes it a dividend.


Well, I believe this should be left up to the employer, but I think a good employer should offer some level of transparency. Knowing that someone makes more than you, for justifiable reasons, should be an inspiration to get better at your job. Everyone in the world knows how much athletes make, and it seems to make them compete a little harder because they know there could be a big pay day if they perform well enough. The problem in business seems to be objective standards of ranking employees, a lot of it seems based on politics (depending on the industry).


"As Kurt Vonnegut said, the way to make money is to be there when large amounts of money are changing hands and take a little for yourself; they'll never notice. That's what transaction costs are: when a fund buys or sells stocks a bit of the money goes to the folks who handle the transaction. When you personally buy or sell stocks a bit of the money goes to the broker in the form of a fee. (and, no, no fee brokers don't work for free; they just hide the fee by not getting you the best possible price). So frequent transactions (i.e., higher portfolio turnover) mean that those little bits of money are going to the intermediaries more often. That's what ""higher transaction costs"" refers to -- the costs are higher than in a fund that buys and sells less often. In short, those higher transaction costs are a consequence of higher turnover; nothing nefarious there."


lol you do know our tech is built on importing highly educated immigrants. homegrown engineering is at an all time low. go to any corporate campus in the silicon vally, apple, facebook, google, all you see are indians and asians. with the invention of the internet knowledge has been democratized and american companies are slowly losing the lead in tech.


You are thinking of something similar to [Patreon](www.patreon.com) then but more automated? I don't quite think automation works for this because you might not want to give every site you visit money, even if you visit it often in a short period of time (e.g. while doing research into cults you might not want to give the WBC money).


You have a good point, right now the way people raise money at the micro level is hitting up relatives or shmoozing the boys at the country club. It would be cool if there were local exchanges, but I guess the reason there isn't right now is the costs to run such a thing would have to be borne by small companies and investors, and it's 'cheaper' to just raise money informally. But with the internet revolution, seems like that would lower the costs somewhat.


I'm amazed someone down voted you. ITunes is a bastard. I've got a new method for coping with it - if you're looking for a button or an option, look in the opposite place your intuition tells you to look. You won't be where you need to be, but you'll be a whole lot closer. Alternatively just don't bother.


Because we're still in competition. Before it was against nature, now it's against ourselves. The world is not yet some safe paradise and its well within living memory that total war changed billions of lives and almost took away freedom for many. Take 2 equal economies. One grows at 1% and another grows at 3%, in 100 years the 2nd will be 7 times more powerful than the other.


Wikipedia has a good summary: Historically, branch banking in the United States - especially interstate branch banking - was viewed unfavorably by regulatory authorities, and this was codified with the enactment of the McFadden Act of 1927, which specifically prohibited interstate banking. Over the next few decades, some banks attempted to circumvent McFadden's provisions by establishing bank holding companies that operated so-called independent banks in multiple states. To address this, The Bank Holding Company Act of 1956 prohibited bank holding companies headquartered in one state from having branches in any other state. Most interstate banking prohibitions were repealed by the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. Research has also found that anticompetitive state provisions restricted out-of-state growth when those provisions were more restrictive than the provisions set by the Interstate Banking and Branching Efficiency Act or by neighboring states. Some states have also had restrictive bank branch laws; for example, Illinois outlawed branches (other than the main office) until 1967, and did not allow an unlimited number until 1993.


Assume that he reformed his ways. He stopped the destructive behavior (gambling) and had enough money from a job going forward to pay for all his future expenses. Then it is true the old debts will fade away both as being collectable, and as a source of a negative mark on the credit report. Also assume that the people or companies never figure out that the the relative has a steady source of income, also assume that all the debts can be forgiven and have no long lasting impact. If any of those assumptions aren't true the plan won't work. The trail of debts will continue to grow, and may have additional complications. As debts fall off the radar, they may be replaced even faster by new threats. Many a person has used a debt consolidation loan, or a home equity loan to pay off all the credit cards; but found themselves back in trouble because they never fixed the underlying problem: they spend more than they make. In the case of a home equity loan they put their house at rick, as a replacement of unsecured loans. If the gambling continues, the lack of payment of old debts becomes a crutch for the ability to generate new debts.


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The best and reputable A4 size paper manufacturers guarantee clean paper production that does not go waste. This can be put to recycle at whatever time and can likewise be taken care of in the most proper ways. This is so since as of now there is a lot of paper waste everywhere throughout the world and to make new paper, trees must be cut down.


True but it isn't too difficult . Perhaps a classic example would be Sony - 5 years losses , this last year US$1.1B , how long can it last ?! However the trick is not to initially concentrate on the corporates but to concentrate on the small to medium sized companies and to ensure that they are strategically placed engineering wise to step in and take over . Business wise they will be used to adapting quickly .


It was a forex account (foreign exchange trading). At that time forex brokers were not regulated or required to be regulated so it was like the wild west. It was indeed a learning experience and thankfully I was diversified so the hit hurt but did not ruin me.


The Swiss franc has appreciated quite a bit recently against the Euro as the European Central Bank (ECB) continues to print money to buy government bonds issues by Greek, Portugal, Spain and now Italy. Some euro holders have flocked to the Swiss franc in an effort to preserve the savings from the massive Euro money printing. This has increased the value of the Swiss franc. In response, the Swiss National Bank (SNB) has tried to intervene multiple times in the currency market to keep the value of the Swiss franc low. It does this by printing Swiss francs and using the newly printed francs to buy Euros. The SNB interventions have failed to suppress the Swiss franc and its value has continued to rise. The SNB has finally said they will print whatever it takes to maintain a desired peg to the Euro. This had the desired effect of driving down the value of the franc. Which effect will this have long term for the euro zone? It is now clear that all major central bankers are in a currency devaluation war in which they are all trying to outprint each other. The SNB was the last central bank to join the printing party. I think this will lead to major inflation in all currencies as we have not seen the end of money printing. Will this worsen the European financial crisis or is this not an important factor? I'm not sure this will have much affect on the ongoing European crisis since most of the European government debt is in euros. Should this announcement trigger any actions from common European people concerning their wealth? If a European is concerned with preserving their wealth I would think they would begin to start diverting some of their savings into a harder currency. Europeans have experienced rapidly depreciating currencies more than people on any other continent. I would think they would be the most experienced at preserving wealth from central bank shenanigans.


If Trump close loopholes for big corporation not paying taxes, while also reducing taxes, it will work. Any ideas how much taxes Apple paid last year? How much of Apple's money is off-shore? But your plans are good too! Really. They also do not involve raising taxes. You have no idea how many people are not audited by the IRS, how big is the under-the-table payments, black market, etc. Just fix the system. And when you close loopholes, to save tax money, companies will need to spend more capital and hire people to reduce their taxable profit.


"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-05-31/australia-home-prices-fall-in-may-as-lending-curbs-start-to-bite) reduced by 70%. (I'm a bot) ***** > The monthly decline comes after regulators tightened lending curbs amid fears of a housing bubble, and the nation&#039;s banks raised interest rates - especially for interest-only loans which are popular with property investors seeking to take advantage of tax breaks. > The monthly drop was led by declines of 1.3 percent in Sydney and 1.7 percent in Melbourne, the two cities where prices have risen the fastest. > In Sydney, prices have gained 75 percent in the past five years, ranking it behind only Hong Kong as the world&#039;s least affordable housing market. ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ele2v/australian_house_prices_fell_in_may_for_the_first/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~133825 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*: **housing**^#1 **percent**^#2 **prices**^#3 **demand**^#4 **property**^#5"


Being a tax professional, my understanding is that the threshold limit is a single limit for all your source(s) of income. Now many people who already draw salary which is liable to tax, develop application for mobile and generate some income. Such income is liable to tax, if along with other income they exceed the threshold limit. Income will have surely related expenses. And the expenses which are related to earning of the income are allowed to be deducted.


The general rule is: Generally, in order to claim a business deduction for your home, you must use part of your home exclusively and regularly: Exclusively seems to be the toughest standard and I do not know exactly how strict the IRS's interpretation is. Working in your living room where you regularly watch TV and have people over on the weekends would seem to fail that test. A separate room with your computer in it would pass it. If it was your only computer and you regularly played online games with it, that would seem to be a grey area. The IRA booklet covering this area is here http://www.irs.gov/pub/irs-pdf/p587.pdf I know people that have rented rooms in other places or made use of rental offices for this purpose.


Wouldn't it be in China's best interest to improve labor standards and allow wages to rise so that they can build a proper middle class and develop a consumer economy? If that happens, that would help level the playing field and take away their advantage in cheap labor


In addition to the already good answers you also want to consider your time horizon. Unless you are looking out 10+ years, building your down payment in an account that is invested in the market is probably subject to too much market risk. Are you willing to delay purchasing a home by five years if the market turns down at the wrong time? A better option is to just use a savings accounts. To avoid spending the money, you can open a dedicated account. Separate savings account for a special purpose are s common feature at credit unions and probably are available at many regular banks as well. Then for funding the account, many employers allow you to split direct deposits amongst multiple accounts, so you will just need to provide the routing number and fractional amount of your paycheck for that account.


It's a failed state. The belief that people are going to hunker down in austerity and pay off national debt was always silly. Sucks for the bond holders, but all these people who bet against sovereign debt defaults have bet wrong.


In the United States taxes on the sale of a principal residence are based on the difference between the sale price and the cost of the home. Assuming you meet the requirements you can shelter 250,000 or 500,000 of gains from the sale of your principal residence. This calculation is not related to the loan balance. The basic equation is sales price minus purchase price. It get a little more complex because some costs to purchase and sell the home are included in the calculation, or if you made renovations to the house that will increase your costs and decrease your gains. Trying to decrease the loan balance just before selling the house would just be paying yourself that money at the settlement table. It could save you some money on interest between now and settlement but emptying your bank account to save a few bucks doesn't seem worth it. I would also prefer to have the money in the bank to pay for some expenses that will popup getting the house sold, you moving, and the settlement date.


I don’t think you know what is right or wrong. This is the third time you’ve called me out, and the third time you were mistaken. The starving man is starvinf because he lacks food. Give him a million dollars in the middle of Antarctica, and he will still starve. These false equivalences you have presented above are where so many of our problems come from. People forget the value of reality over currency. The Mother’s affection does have monetary value. It just isn’t so easily quantifiable. See: Psychiatrists and Psychologists. They make money off these issues. The financial value can be seen in the correction of the consequences from lack of affection. To PAY for affection, trust, loyalty, so many of the “social” properties we rely on, though, negates some or all of their value. You assume so many rules that just aren’t supported by reality. Your economic theories seem to fail when faced with the nuances of reality, especially those economics has ignored. That’s my opinion, anyway.


I would stay away form these. I have had clients gave real problems when it comes to withdrawing the money...not only do you not have control of the investments themselves, but you also do not have a lot of control when it comes time to withdraw the money. I have also heard from one client that the fees can be outrageous. There was a securities commission investigation a few years back because a number of salespeople were over-promising. My suggestion would be to find someone independent, with access to a number of different products, who can advise you.


Credit is important for many reasons. Establishing credit is an important step and should be no challenge for someone who already has good habits. The same lessons and advice that you would find for a student to establish credit would be applicable to your case as well. Factors that influence credit score, Since you are already established in your home country (Australia), you probably have a credit card (and references) that you can provide for the first few challenges (renting a car, renting an apartment). Here are the steps, Your credit score should improve quickly as the first couple of credit cards and the installment loan show good payment history, low utilization, and gain some age. After 1-2 years, you should have a good score.


You'd only be left with €2,000 in the bank, so paying it off completely in a lump sum now would be unwise. However, dropping, for example, €35,000 onto it is a reasonable option. That would give you still €42,000 is the bank (an excellent emergency fund), save you a lot of interest, and greatly speed up the repayment schedule. (Changing subjects: how much interest is it earning in the bank.)


"While that argument likely would have held some merit in, say 1998, I don't think it works quite the same in 2012+. A simple answer of ""there weren't any jobs"" can be stated and will be interpreted as the truth."


What? I can literally look at a list of individual salaries (I know they are self reported but nobody has a reason to lie about this) that is broken down on a year-by-year basis. The school literally gives you all of the information. How is it naive to believe its true? I'm sure this is the case at most state schools.


I'm sorry to hear that. I mourn every time an LBS closes its doors. There's no real way to tell if Specialized is to blame, but it certainly wouldn't surprise me. There is a local bike shop out here on the West Coast called Mike's bikes. They pretty much exclusively sell specialized. They do sell other brands, but only in a very small quantity. I cannot in good conscience give them business. They know who they are in bed with, and I suppose they need to drink their own Kool-Aid.


he general advice I get is that the younger you are the more higher risk investments you should include in your portfolio. I will be frank. This is a rule of thumb given out by many lay people and low-level financial advisors, but not by true experts in finance. It is little more than an old wive's tale and does not come from solid theory nor empirical work. Finance theory says the following: the riskiness of your portfolio should (inversely) correspond to your risk aversion. Period. It says nothing about your age. Some people become more risk-averse as they get older, but not everyone. In fact, for many people it probably makes sense to increase the riskiness of their portfolio as they age because the uncertainty about both wealth (social security, the value of your house, the value of your human capital) and costs (how many kids you will have, the rate of inflation, where you will live) go down as you age so your overall level of risk falls over time without a corresponding mechanical increase in risk aversion. In fact, if you start from the assumption that people's aversion is to not having enough money at retirement, you get the result that people should invest in relatively safe securities until the probability of not having enough to cover their minimum needs gets small, then they invest in highly risky securities with any money above this threshold. This latter result sounds reasonable in your case. At this point it appears unlikely that you will be unable to meet your minimum needs--I'm assuming here that you are able to appreciate the warnings about underfunded pensions in other answers and still feel comfortable. With any money above and beyond what you consider to be prudent preparation for retirement, you should hold a risky (but still fully diversified) portfolio. Don't reduce the risk of that portion of your portfolio as you age unless you find your personal risk aversion increasing.