"Johnny. I recently bought my first home as well, and I have worked in the credit business (not mortgage), so I think I can answer some of your questions. Disclaimer first that I'm in NY, and home buying does vary from state to state. In my experience, pre-qual is not too different from pre-approval. Neither represents any real committment on the part of the bank (i.e. they can still deny approval at any point), and both are based on pulling your credit bureau and calculating ratios based on your stated (probably not documented) financial information. It's theoretically possible that a seller would choose a pre-approved buyer over a pre-qualified buyer, all other things being equal, but all other things are seldom equal. Remember also that you don't need to ultimately get a mortgage from the same bank that you use for the pre-qual. The pre-qual just shows that you are probably credit-worthy and serves to give you some credibility with sellers. Once you have an accepted offer and need to find a real mortgage, you can shop around for the best rate and best loan structure. Banks don't need to have pulled your credit to quote rates, but they will need to have a general idea of your FICO range. Once you find the bank you like with the best rate and actually apply for the loan, they will pull a hard bureau, and if your scores are different from what you said before, the rate may change, but within the same range, you'll generally be ok. Also, banks do not necessarily pull all 3 bureaus; they may only pull 1, as it costs them for each pull. 2 potential downsides to this approach: Also, make sure you have a mortgage/funding clause in your contract, as banks are unpredictable, and make sure you have a great real estate lawyer, not a legal ""factory"" - the extra few hundred $ are worth it. Don't overthink this credit stuff too much. Find a good house for a good price, and get a no-nonsense mortgage that you fully understand - no exotic stuff. Good luck!"


Exactly, it's not like there's a shortage of rental properties or housing opportunities. There are a few hundred (if not thousand) within a 5 mile radius of my house alone, and they certainly don't all have the same terms. Maybe you're not going to get into a gated white collar community, but I'm pretty sure you can secure a nice place in a nice neighborhood even if your credit score is somewhere between ass and the toilet.


"I think you underestimate the power politics and favoratism play in teacher ratings and the impact of local school systems. Until/unless the us moves to a national system then the notion of ""good"" and ""bad"" teachers is entirely up to the officials who oversee the teacher and thus more a matter of politics than any sort of absolute rating. Indeed I'd suggest a quantiative rating is not only infeasible but impossible."


You should probably get a professional tax advice, as it is very specific to the Philipines tax laws and the US-Philippine tax treaty. What I know, however, is that if it was the other way around - you paying a foreigner coming to the US to consult you - you would be withholding 30% of their pay for the IRS which they would be claiming for refund on their own later. So if the US does it to others - I'm not surprised to hear that others do it to the US. Get a professional advice on what and how you should be doing. In any case, foreign taxes paid can be used to offset your US taxes using form 1116 up to some extent.


In addition to paypal, Amazon also offers a payment processing service that has micropayment pricing: For Transactions < $10:


I'll agree that some variance in wage between city and rural makes sense. The whole, more restaurants are now closing because of hikes in staff wages is pretty misleading. About 60% of hospitality ventures fail in the first three years and that's across the board before any wage change discussion. Requiring workers to be paid more, requires the employer to make adjustments to the business model. This added level of operating complexity is sure to adversly impact some folks but presenting it as a major contributing factor to increased failure rates is a stretch.


I am confused as to why the author thinks people wouldn't do this. If target wants to hand out free money they can be my guest. edit: Target, PM me if you're interested in this sort of arrangement.


"Utter nonsense. You wish to use force to make me comply with your version of social equity. I want to use NO force upon anyone. I merely want each person to dispose of their own property as they see fit until/unless they start to use fraud or force. You cannot achieve what you want without using government jackboots to enforce it. My vision is one of voluntary, non forceful, exchange of value. The truth is that the ideological left continues to peddle this drool because it needs pretend victims in order to have any hope of having a foothold on political power. This, in turn, means that the dregs of society are courted by the left - the substance abusers, the terminally lazy, the incompetent, the selfish, and the entitled are all the natural feeding ground for this ridiculous ideology. But, as I said, you and yours are losing this battle, however subtly. I have done a ton fo consulting for large companies over the past few years (remember, I am personally unwilling to hire anyone for my own company). Guess that what they're doing? They're outsourcing - first within the US to the right to work States to try and get away from the corrupt and greedy union thugs. And secondly, they're moving jobs overseas wherever it makes sense. For every American fool that majors in Womens'/Gay/Black Studies, Sociologogy, Psychology, or a host of other utterly useless majors, there are kids in China, India, Russia, and increasingly even Africa, that are studying useful arts like science, mathematics, and engineering. The future of the US is being burned to the ground by geniuses like Obama and the left, and all you people can say is ""I want more, more, more."" Good luck with that - within 40 years you will be the rest of the world's bitches."


I would say binomial tree, except your last sentence, > The probabilities of the various outcomes are unknown. causes issues with that. You could do a scenario analysis in which you compare values using different %chances of up vs. down.


Most of the bankruptcy is due to taking [or building over a period of time] a loan that one cannot service, if the interest rates rise, then the amount of money to repay the loan increases, when one doesnt pay the revised amount and keeps paying less, the over all debt keeps shooting through the roof ... a lower interest rate means that one can continue to pay the same amount ... and few missed payments do not cause as much as damage as it does when the rates are high.


Out Of The Dark OOTD is a budgeting and personal money management web app that does not require you to give out access to your bank accounts or even your personal identity. It's a great tool for people with no financial experience with features like Cash Put-Aside and the Credit Card Debt Terminator and it has tons of instant guides explaining how to use every feature. You can check it out at myootd.org.


Once your listing ends, the buyer who has purchased your item pays through Paypal within a window of allowed time (ie. 2-3 days). The item then gets marked as *'paid'* and a confirmation to you is sent. Once you are paid, you, the seller, ship the item and marked the item as shipped, providing any necessary tracking numbers. http://pages.ebay.ca/help/sell/sell-getstarted.html


In reality here is what is going to happen. Other nations will continue to distance themselves from the dollar. China in its arrogance will make a premature move against the dollar but at the same time the dirty little secret is they are dancing on the edge of economic collapse right now. Some countries will move towards China further weakening the dollar but not destroying it. China is going to have a real drop very soon (*probably along with the US and other large nations*) then everyone is going to panic and flock back to the dollar because they don't know what else to do.


If your parents were resident but not domiciled in the UK and were using the Remittance Basis in the year when they got the income or gains from which they're now lending you this money that could trigger UK income tax and or capital gains tax on the money the transfer to the UK whether to an account of their own or directly to your account. If they were non resident or using Arising Basis or it was UK income then this is not an issue.


"I think a big part of the issue is ignorance. For instance, the US govt cannot default on its loans, yet you keep hearing people speak as if it could. The US govt also does not have to borrow to pay for anything, it creates its own money whenever it wants. These 2 facts often evade many people, and they feel the US govt should act like a household, business, or a state govt. This disconnect leads to a lot of confusion, and things like ""fiscal crisis"". Just remember Rahm Emanuel - don't let a crisis go to waste. Disclaimer: this is not to say the US should create money whenever it wants without thought. However, the simple fact is it can. For those interested in more, check out Modern Monetary Theory (MMT). Its economic study in a world not based on gold standard, or convertible currency (fiat currency)."


The way the question is worded, it is slightly opinion based. Just to point out; Tax benefits - Upto 50000 INR is tax free when invested here. This is actually 200,000 INR under 80C. So if you invest max of 150,000 in other instruments in 80C; you can still invest 50,000 into NPS. Hopefully it will provide some lumpsum money that I could probably use to buy a house / kid's education / kid's marriage. There are very few withdrawal options. Generally in the current scenario; By the time you retire; you would already have house, kid would have got married. Answers given the current data is it a worthwhile investment? It is a good investment option available. It is up to individual to select this or invest else where. If yes, would be better to fix choice at 50% in E and 25% in C and E or go for the auto choice? As you are young it is better to have max 50% in Equity and actively monitor this and change the percentage as you near the retirement age. If you don't have time, or are not financial savy, or one is plain simple lazy; going with Auto choice makes sense. bad investment because if you put the same money into equity oriented mutual funds then you will get better returns ... This depends. If you are currently investing everything into Equity; then yes at absolute level, the returns are high. However if you are investing into Equity and debt to achieve a balance, then NPS is doing it automatically for you. As the NPS has very low costs, there is substantial advantage. In some years [2013-2014?] the NPS equity return has been excellent and exceeded leading mutual funds. Other Aspect Edits: The Annuities need to invest in guaranteed risk free instruments; generally bonds. As the rates are locked for life, they need to factor things like average life expectancy, demographics, etc. This is largely statistical. Similar to how the Insurance premiums are decided. This is adjusted periodically. Say they offer 6.5% for 100 people. The investments into bonds is yielding only 6%. Then for next 100 people, they would offer 5.5%. However if the mortality increases, i.e. 50 people die at age of 70, they just need to adjust it to 5.75% for next 100 ... so there are quite a few parameters that go in and statical models output what the rate should be offered. At times the corpus manager may take a hedge to minimize downside. This is a specialized subject and there no dummies that show how rates are determined. It is also a trade secret.


"As JoeTaxpayer says, ""It's a very rare circumstance where an early 401(k) withdrawal actually makes any real economic sense."" Your statements that one year's salary for you is $60K and the combination of your spouse's income and yours puts you into the highest income tax bracket together lead to the conclusion that your spouse's income is considerably higher than yours. If this income will continue past your death (e.g. you two are not in a joint venture that will collapse when you pass away because she cannot do the work by herself), then it is very definitely to your joint advantage to leave your money in a tax-deferred account for as long as possible. Her income should be enough to cover the mortgage payments. Also, rather than take the money out and paying taxes at a high rate right now, your spouse can roll over the 401k money into an IRA and withdraw only small amounts per year, paying taxes spread over the years rather than in a lump sum."


What the comments above say is true, but one more thing is there. FD rates are directly proportional to loan rates. However, banks make money because loan rates will always be higher than FD rates.


I don't see it in any of the exchange feeds I've gone through, including the SIPs. Not sure if there's something wrong with Nasdaq Last Sale (I don't have that feed) but it should be putting out the exact same data as ITCH.


Zynga is based on a single point of failure, in an industry known even among technology companies as very faddish. Netflix is different in that they actually have more than one content source, and if the MAFIAA drops Netflix, *nobody* will get to pick up the customers, they'll flee back to bittorrent.


Well they all went to college, but on the side did their own projects. They eventually dropped out because college wouldn't grant them wealth. They took leadership, and did it on their own. I mean... would you still be in college knowing you built an enterprise that is currently taking off?? No. It's stupid to say DONT GO TO COLLEGE OR DROP OUT OF COLLEGE BECAUSE YOULL BE GRANTED TO BECOME A BILLIONAIRE. That's absurd. These drop outs had a plan already.


Honest question, I've been seeing a lot of trump-tillerson and trump-PR embarrassment posts here, especially in the last week. Are these economics-focused posts? I enjoy trump debates as much as the next redditor but this seems out of place to me.


Okay thanks, let's hope it's a relatively painless process to correct my mistake! Really odd that my 401(k)s are traditional, I was so sure they weren't. Maybe it's better then to open up a traditional IRA alongside the Roth, use that for rollovers, and just kick a few bucks into the Roth on occasion?


"Your first article is all about analyzing the effect of minimum wage on employment by looking at rents. Their analysis ""assumes peoples' utility functions in a particular city depend on wages plus amenities less the cost of rent available in that city"" Basically if wages go up (due to a minimum wage hike for example) the city is more desirable to live in and people would lay more to live there. That is not at all the mechanism you were talking about and would not apply for a national raise in minimum wage. Why should I read the rest of your links when you didn't even read the first one?"


Actually the insertion part is interesting because they actually aren't middlemen just faster buyer's and sellers on the open market. They just buy what one person is selling and sell it to someone else who is at the same time looking to buy. So I guess the issue is the 'same time' isn't the same for all parties concerned. On the other hand both buyer and seller can set limits on the bounds of the price and only transact when someone meets their terms. If you are willing to accept 'whatever the market will bear' then it seems like you should be OK with getting it.


>If you lived in a gang banger / drug dealer's house right, because it's their house. As in, that person is the rightful and legitimate owner of that property. Are you claiming that the US Federal Government is the rightful and legitimate owner of all the property of the United States?


"If you haven't been a US resident (not citizen, different rules apply) at the time you sold the stock in Europe but it was inside the same tax year that you moved to the US, you might want to have a look at the ""Dual Status"" part in IRS publication 519."


"It's viable for you, but the ""investor"" is either stupid or willing and able to write off the investment as a gift for a friend in need, knowing it will probably end the friendship. The banks make their money off of indebtedness, with the highest returns being on the highest risk loans . If the bank isn't willing to give you that debt on your own, it's because they already know it's a bad debt. In this case, trust the banks. If you can't come up with the downpayment on your own, you won't be able to meet your other commitments on this contract."


I'm assuming this is the US. Is this illegal? Are we likely to be caught? What could happen if caught? If you sign an occupancy affidavit at closing that says you intend to move in within 60-days, with no intention of doing so, then you'll be committing fraud, specifically mortgage/occupancy fraud, a federal crime with potential for imprisonment and hefty fines. In general, moving in late is not something that's likely to be noticed, if the lender is getting their money then they probably don't care. Renting it out prior to moving in seems much riskier, especially if you live in a city/state that requires rental licensing, or are depending on rental income to carry the mortgage. No idea how frequently people are caught/punished for this type of fraud, but it hardly seems worth finding out.


Neither. Food, fuel, and tools. Books on how to make and use basic tools -- the books published for farmers who want to kluge their own solutions might be helpful. Heck, help defend a library; it will be beyond price as soon as things settle out a bit. Having skills like blacksmithing and knowing how to teach could go a long way. SF really has explored this in better detail than we could possibly cover here.


">I think its really funny when everyone says Bill Gates or Carlos Slim or anyone else like that is the ""richest"" No, it's not that funny. While it may not be 100% accurate, it's useful to try to estimate such things."


Uh, yeah, it's all good because... I'm the consumer. My role is to pay for and receive a product or service I've deemed worth my dollar. Where in this are you confused? I'm not chief of Sharia morality police for corporate officers, I'm a guy going to the airport. And if United has the best flight to get me where I'm going I'll take that plane, too. I'm about getting the best product or service for the money spent, not trying to start a VC firm with no ROI by propping up businesses that don't offer what I want. Should I go slap a hundo down at the farmers market, too, and walk away without any food just because I like their business practices even though it's 15 miles out of my way compared to my grocery store across the street? People get so up in arms about corporate operations now that instant data transfer allows you to become an alleged expert in a company's internal operations mere moments after a story breaks. The beauty of the market is I get to spend my dollar where I want to and you get to spend yours where you want to. If you don't like it, I hear North Korea is nice this time of year.


But what creates more business owners? They don't pop up out of the ground, and there are always lots of people that want to make their own business. Businesses need capital, they need startup funds. Angel investors, VCs and banks provide the capital.


"Oh look, yet another Tesla circle-jerk. r/""technology"" is leaking again. You guys are a bunch of fucking sheep. This is a knee-jerk reaction driven by their (prodigious) PR department because of the number of powertrain failures they've been experiencing."


Paying this off early is robbing yourself of the extra earning potential for this money. Think of it as an interest free loan from your future self. If you can otherwise use that money to get a better rate of return then you are better off putting it there. Best options would normally be to use it to buy additional regular RRSPs, RESPs, or TFSA because of government benefits but even puting the extra into a GIC for a year is better than paying back home buyers plan early.


This industry is either you are in or you forever won't, and it started since highschool the time you picking your collage and major.... So for average Joe like me, I should be picking a career in computer science instead... Now I am stuck as a supporting analyst with career ending nowhere...


"**I'm going to reemphasize this post for the OP** > Also, sales skills are key in this business, even in research, because if you're a sell-side analyst, half your job is going to see clients (i.e. sell to clients) with the sales people. Agreed. Agreed so hard. Too many people think research roles in finance are like academia or some shit. Who do people think pays for the research and who's role do they think it is to sell the research? Sure as hell not your VP's or Manging Directors. More importantly, sales skills are intrinsic in succeeding. The core of sales is communication. If you can't sell your research, how do you plan on selling yourself well enough to make VP/MD or to land a role at a HF doing research. > or is there room for the ""but I'm not good at this!"" excuse. People who have that attitude are out the door just as quick as they finish that sentence. Working at a BB the expected mentality is one of two possibilities: * I'm good at this. or * I will be good at this (and very, very soon) I know someone that took one comp sci course in college and placed Perl on their resume's. They were offered the Quant Analyst role and learned they were expected to be fluent in Perl (knew enough to show in the interview she had *some* experience with Perl). He spent the next week locked in their room teaching themselves and mastering coding in Perl. This is the mentality of people who are successful on Wall St. OP needs to learn this now or step out into a less competition intensive industry."


**Barbarians at the Gate: The Fall of RJR Nabisco** Barbarians at the Gate: The Fall of RJR Nabisco is a book about the leveraged buyout (LBO) of RJR Nabisco, written by investigative journalists Bryan Burrough and John Helyar. The book is based upon a series of articles written by the authors for The Wall Street Journal. The book was later made into a made-for-TV movie by HBO, also called Barbarians at the Gate. The book centers on F. Ross Johnson, the CEO of RJR Nabisco, who planned to buy out the rest of the Nabisco shareholders. *** ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&message=Excludeme&subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/finance/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^] ^Downvote ^to ^remove ^| ^v0.23


"So Linda/Josie's initial plan was to have your dad pay money to (supposedly) help her get the gold chest. After he would have paid, there would have been another complication, and more yet (someone to bribe, a plane ticket to buy, transport to arrange, customs to handle, whatever, the list would last as long as there's money to take). Even if he does not have much money, the appeal of his share of the treasure could have been enough to tempt him to spend money he can't, or borrow, etc. Once ""she"" found out that he doesn't have any money and/or is apparently not willing to send any, ""she"" switched to a different scam: she would send him a large check, have him deposit it on his bank account, transfer most of the money (minus his generous share) to ""her"". Once the money is irreversibly transferred, the check will bounce. End result: 0 in the account before the transaction, minus a lot afterwards. It's quite simple: if an e-mail from a perfect stranger includes any of the following keywords, it's a scam:"


I agree with the first poster- the first step is to measure your spending and put it down into raw numbers. Once you have the raw numbers, you will feel a natural inclination to improve on those numbers. Set yourself a daily target for cash / incidental expenses. It doesnt have to be a crazy target - just something you can achieve easily. Mark a 'tick' mark next to every day on the calendar that you meet that target (or spend less than the target). Gradually the momentum from the past few 'ticks' will automatically compel you to want to tick off the next day. At the end of each week, lower the target a little. You'll find that when you start measuring your expenditure, you become more aware of how you might be wasting money. All too often we just go out and buy stuff we don't need without really thinking about it.


"Working retail myself, I do not accept an unsigned card without verification. If I received one I would ask for ID and verify the photo with the Name. I would also let the buyer know it was unsigned and remind them that anyone finding it can sign it and use the card without issue. Putting on the back of the card ""SEE ID"" is the way buyers have protected themselves from thieves as long as people are actually looking at the cards. How does this protect? 1- a lost card cant be signed by a complete stranger as there is already writing on the card. 2- It provides a photo identification for use. I know with today's technology that this is going away and fewer people are actually checking but shame on those companies who handle the cards and don't look. Obviously this process does not apply to self checks, but safety protocols there require a pin of some form that only the authorized user should know."


"This is the best tl;dr I could make, [original](http://www.theweek.co.uk/88506/us-lost-2bn-in-tourism-in-first-months-of-2017) reduced by 80%. (I'm a bot) ***** > Tourist visits to the US dropped by 4.2% in the early months of 2017, raising fears of a &quot;Trump slump&quot; following the November 2016 presidential elections. > The news follows months of &quot;Warnings from the travel industry about the negative impact of increased travel restrictions from the Trump administration&quot;, the BBC reports. > The decline in international tourism comes months after a survey by global polling company Pew found a significant drop in US prestige around the world since Trump came to power. ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72jwy1/us_lost_2bn_in_tourism_in_first_months_of_2017/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~216751 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*: **travel**^#1 **year**^#2 **Trump**^#3 **reports**^#4 **international**^#5"


"Thank you I am obviously pretty new and just starting to learn about it. As I am declaring finance my major in the fall. Edit: How do I go about trading options is it a viable route for some ""broke"" college kid?"


I can understand your fears, and there is nothing wrong with taking action to protect yourself from them. How much income do you need in retirement? For arguments sake, lets say you need to pull 36K per year from your 401K or 3K per month. Lets also assume that you current contribute (with any match) 1,000 per month. Please adjust to your actual numbers accordingly. One option would be to pull out 48K right now and put it in a money market. With your contributions, I would then put half into the money market and half into more aggressive investments. In 10 years, you would have about 110K in your money market account. You could live off of that for three years. If the market does crash, this should give you plenty of time to recover. Taking this option opens you to another risk, which is being beat up by inflation or lack of growth on a nice pile of cash. My time frame is not that different then yours (I am about 12 years away), but am still all in stocks. Having 48K and more with not opportunity for growth frightens me more than any temporary stock market crash. Having said that I think it would be a horrible mistake to get completely out of stocks. Many of those destroyed in 2008 also missed 2012 through 2014 which were awesome years. So do some. Set aside a year or three of income in something nice and safe. Maybe one year of income in money market, one in bonds and preferred stocks, and one in blue chips.


This will probably end up as a case study in business schools on what not to do. They pull the ads after pressure from a bigoted, xenophobic evangelical group in Florida, and then issue a couple of confusing press releases trying to explain their actions.


> A service provider that prevents competition by making it illegal to compete. I don't know what you mean. There is a lot of competition. * At least every two years you can replace a majority of the decision makers. * You are perfectly free to get services from another provider like private roads or charter schools. * you are free to move to another city/county/state which has enacted laws you like. * you are also free to immigrate outside the US if the Federal Government is the issue. > Every other insurance program allows you to opt out. You can opt-out any time you like! I think your objection is that you have to forgo the product that is America to opt-out of the American government service provider. Do you know of any company that will give you services for free and not exploit you?


Interesting idea, except I know for a fact that the applying for and getting SSDI payments is not easy, simple, or quick. It commonly requires years or appeals, and the assistance of a lawyer just to have a chance. It's literally more complex and expensive than working. So, under what diagnoses are these so called able-bodied americans getting through?


I don't need to back anything up. It will do him good and will help him stand out. Explain why this is not the case - it's on you dumbass. I made the comment 1st, so if you want to refute it then you need to provide proof that my opinion is invalid. As well, I'm reporting you yet again because you're still acting like a child. You're verbally attacking a stranger because of an opinion. Maybe you have an MBA, maybe you don't... one way or another you don't deserve to be called an adult. This is the 3rd attempt to ask you to be civil and you continue to be insulting, like somehow being Mr. Big on the interwebs makes you special. Grow up you idiot.


Rauner is just the latest version of people like Mitt Romney who think because they can run a business they can run the government, except worse because at least Romney wasn't a completely useless governor. All the financial acumen in the world doesn't count for shit in politics when no one likes you and you aren't interested in getting them to like you. Maybe it's stupid but that's democracy, unfortunately.


Have you bought different brand of shoes? >Is there a difference perhaps in womens sizing, or what gives? It exists for men's as well. With one brand I get a size 15 but with another I get a 14 because they cut their shoes on the longer side.


Appication Packaging as-a-Service enables IT pros like you to create custom packaged apps for slick, dialog-free 'silent installs'. The process will take just a few minutes, even if you've never packaged an app in your life. All you need to do is sign up and... get Apptimized!


It's one of those things where it was meant, economically, for the first purpose (opportunity cost) but has been used by big corporations for the later since you have to have international divisions to really even make it work (to some degree it does on the state level; however, the tax breaks aren't really big enough for it to make sense since the Federal is the big one). It's also a huge reason why big corps have such low effective domestic tax rates on big profits and why the government is debating about restructuring tax law to prevent most forms of FTP'ing (you'd pay taxes on Gross Income essentially. It gets MUCH more complicated than that but France effectively does this now). Also, it's very much an accounting thing, and accountants tend not to have a big seat at the table. Hence, the reasoning behind stuff often get lost on upper mgmt (or they fire the accountant, etc.). That's a BIG part of why it often makes things worse even when when the principal makes sense economically...


I've used Soundcloud for years and don't even know what player comments are? Do people comment on sounds? I don't think I've ever done that. Is that even accessible through the app? I only use it through the app (which is terrible).


Still not following. There were a whole bunch of places that outlawed slavery long before it went 'mainstream' in the US with the civil war I mean, what do you want, a history of the abolition movement because it sure as hell wasn't started by some guys sitting round going 'hey, owning people is bad mkay?' for their feelie weelies.


">Are you being paid by the word? I'm not religious. I think the bible is full of fairy tales. So no! I just don't like being stolen from and having it whitewashed as ""the ends justify the means"". Which is crap. Theft is theft no matter who does it for you. A badge or costume does not change that fact. Your rights end where someone else's rights begin. If your ""solution"" requires theft and violence to pay for it, it isn't much of a ""solution"" then."


"Do you guys know any options that are accessible to any global citizen? Prepaid and stored value cards are anonymous. For an arbitrary reason, the really anonymous ones only allow you to load $500 but there is no regulation that dictates this amount. In the USA, these cards are exempt from being declared at border crossings. Not because they look like credit cards, but because they are exempt by the US Treasury and Customs. The cons is that there are generally fees to use them. US DOJ has done research showing that some groups take advantage of the exemption moving upwards of $50,000 a day between borders, but Congress is fine with this exemption and the burden is always on the government to determine ""illicit origin"". Stigmatizing how money is moved is only a 30 year old phenomenon, but many free nations do not really have capital controls, they only care that you pay taxes and that the integrity of their stock markets are upheld. Aside from that there are no qualms about anonymity, except from your neighbors but they dont matter for a global citizen. In theory, the UK should have more flexibility in anonymity options, such as stored value cards with higher limits."


One last thing... Would you mind making up a spreadsheet of *ALL* of your finances? Income, expenses, etc. If you do not want to share it publicly, I would be glad to help you via PM. I am doing quite well with money and fixing past mistakes (make only $12/hr, work overtime just to pay bills, but have $10,000 in credit, with no balances, etc.). Let me know! :)


I'm afraid you're mistaking 401k as an investment vehicle. It's not. It is a vehicle for retirement. Roth 401k/IRA has the benefit of tax free distributions at retirement, and as long as you're in the low tax bracket - it is for your benefit to take advantage of that. However, that is not the money you would be using to start a business or buy a home (except for maybe up to $10K you can withdraw without penalty for first time home buyers, but I wouldn't bother with $10k, if that's what will help you buying a house - maybe you shouldn't be buying at all). In addition, you should make sure you take advantage of the employer 401k match in full. That is free money added to your Traditional 401k retirement savings (taxed at distribution). Once you took the full advantage of the employer's match, and contributed as much as you consider necessary for your retirement above that (there are various retirement calculators on line that can help you in making that determination), everything else will probably go to taxable (regular) savings/investments.


Leather cuff watch band are available in a wide range of sizes and colours and they of course are one of the most incredibly desirable wrist accessory, wearing which on hand could make you feel the worth of carrying a spectacularly special addition.


Generally, if you watch for the detail in the fine print, and stay away from non-FDIC insured investments, there is little difference, so yes, pick the highest you can get. The offered interest rate is influenced by what the banks are trying to accomplish, and how their current and desired customer base thinks. Some banks have customer bases with very conservative behavior, which will stick with them because they trust them no matter what, so a low interest rate is good enough. The disadvantage for the bank is that such customers prefer brick-and-mortar contact, which is expensive for the bank. Or maybe the bank has already more cash than they need, and has no good way to invest it. Other banks might need more cash flow to be able to get stronger in the mortgage market, and their way of getting that is to offer higher interest rates, so new customers come and invest new money (which the bank in turn can then mortgage out). They also may offer higher rates for online handling only. Overall, there are many different ways to make money as a bank, and they diversify into different niches with other focuses, and that comes with offering quite different interest rates.


Ha, I thought you would backpeddle. An indefensible stance is indefensible unfortunately, sorry bro. I can't imagine how your mind works if you don't see this clearly. Life must be rough seeing it through shit stained glasses. Get some help, boy. Look, if muslims weren't running around fucking people up, I wouldn't give a fuck about them. I'd leave them in peace. But that's not the case and we both know it. Trying to hide it is insanity. And if you happen to be one of the good muslims, I feel bad for you. I really do. But you have to realize you are part of a terrorist organization, not a religion, and you need to get out and find something else to worship if you really need it.


ETFs trade on specific exchanges. If your broker deals with those exchanges, you should have access to the ETF. If your broker does not deal with that exchange, then you will not have access through that broker. This is different than, say, mutual funds, which don't trade on the exchanges are proprietary to certain brokerages or financial institutions.


gross profits 2011 31 billion http://www.wikinvest.com/stock/Wal-Mart_(WMT)/Data/Gross_Profit/2011/Q1 Net income 16.99 income http://www.wikinvest.com/stock/Wal-Mart_(WMT)/Data/Net_Income/2011 The simple truth is that companies that post these sort of net profits are basically off loading the cost of their labor onto the taxpayer by paying a non-livable wage. And we let them. Americans need to remember why they unionized a hundred years ago and grow some balls again. Corps are able to do shit like this only because we (the people) let them.


The only reason I can think of is that the bonds are bought automatically by some investment pools, groups or institutions. That will stop very quickly once the management finds some other place to put the money.


"I'm not certain about international transfers, but that amount is large enough that it could be subject to gift tax. https://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Frequently-Asked-Questions-on-Gift-Taxes Note that the threshold for this tax is ""per person, per person"". For example, if you gave your father $12,5k, and gave your mother $12.5k, and your wife gave them each the same amounts, each of those gifts is small enough to be within the $14,000 exclusion and you and your wife would owe no gift tax. If you aren't married, you might want to spread this gift over two years to stay under that threshold."


"I bought a car a few years ago. The salesman had the order, I knew the car I wanted and we had a price agreed on. When I refused the payment plan/loan, his manager came over and did a hard sell. ""99% of buyers take the financing"" was the best he could do. I told him I was going to be part of the 1%. With rates so low, his 2 or 3% offer was higher than my own cost of money. He went so far as to say that I could just pay it off the first month. Last, instead of accepting a personal check and letting me pick up the car after it cleared, he insisted on a bank check to start the registration process. (This was an example of one dealer, illustrating the point.) In other cases, for a TV, a big box store (e.g. Best Buy) isn't going to deal for cash, but a small privately owned ""mom and pop"" shop might. The fees they are charged are pretty fixed, they don't pay a higher fee cause I get 2% cash back, vs your mastercard that might offer less."


"I would contribute to the Roth over the course of the year assuming the worst case scenario (actually the best base from another POV, since you're making more money!). Save the rest of the money in a regular account, and make your final, ""top off"" contribution when you compute your final AGI for 2011 taxes. You have until April 15, 2012 to make tax year 2011 contributions. I'm in a similar situation due to my wife's overtime, which is very variable from year to year. At this point, I don't make any IRA contributions until I do my taxes."


Not at all, no effect whatsoever.


Mrs. Nahles also proposed to make god gender neutral back when she was family or female minister (don't remember), for equality. I mean really?? I'm not even faithful and can't stop laughing. I wouldn't take her word on the case to matter. Sad that my taxes go to such kind of politicians. Also she is in the SPD and elections are on Sunday.


If you take out a personal loan, rather than a mortgage or car loan or hire-purchase agreement or other loan that's for making a specific purchase, then you can do whatever you want with the money. Send it abroad, burn it, spend it on expensive whisky -- it's up to you. The country you want to send the money to might have rules on transferring money into the country, but there will be no impediment at the UK end.


"Sure, and everything you've said here is absolutely true for a fully immunized portfolio. What the OP suggests is that it's simply impossible to effectively defease future obligations. He is pitching not so much finance as he is a political philosophy that can be summed up by ""defined benefit plans are impediments to competition."" In the OP's world, the business of life and casualty insurance would implode within a few years of inception. Actuarial science would be dismissed as mathematical witchcraft. We would see company after company laid low by overwhelming future obligations against which they have no defense. Rather, what we have are instances of *poor financial management.* As opposed to the fine examples set by insurers, endowments, foundations, etc. (all of which can remain successful ongoing concerns in perpetuity), what we have are businesses who decided that it would be better to cut corners and bet on risk, rather than to take the safer (but more expensive) route and effectively manage their assets in relation to their liabilities. He then goes on to suggest that, in laying off their problems, business are simply ""doing everybody a favor."" These business (and their highly educated financial managers) are taking their flaming piles of shit, handing it over to the guy whose expertise most likely involves the repetitive operation of a machine, and saying ""here you go, this is a good deal for you, enjoy managing your future!"""


The core issue is to understand what 'selling a share' means. There is no special person or company that takes the share from you; you are selling on the open market. So your question is effectively 'can I find a guy on the street that buys a 10$-bill for 11$ ?' - Well, maybe someone is dumb enough, but chances are slim.


OTA channels. You only lose MNF compared to basic cable. I listen to the radio for baseball games. Which works out pretty well, since I hardly ever actually watched baseball games when I had cable. I'm always surfing reddit or doing something else around the house when they are on. And on the rare occasion that there is a game on that I want to see and it is on cable only, I go to my local sports bar.


He's an investor, not an economist, and he's making a common error of not considering the political rich separately from the economic rich. The economic rich make the world a better place by creating goods and services people are willing to pay for. The political rich use government to stack the deck in their favor and collect revenue without providing comparably valuable good or services in return.


Why are there taxi regulations in the first place? I mean if Uber was able to provide such a comparable service without taxi regulations then why do we need them? Obviously the people have spoken with their wallets and I don't think Uber has killed or seriously hurt someone(correct me if I'm wrong). As far as I'm concerned the only reason these regulations exist is to make cabs more expensive and give the local government more money from cabs as a service. But Uber actually creates a lower burden on the government because they have ride sharing which means that less people are on the roads which is definitely a good thing. Please tell me I'm wrong. I'm genuinely asking.


"My idea if I had it done would make way over $200,000. $200,000 would only scratch the surface if the business got started up. You sir are the actual idiot for acting like you know everything about my idea without any evidence whatsoever. The idea has 100% never been done before, and that's a fact. You can't call someone's idea a terrible one without knowing what it is so I will keep going for my goal because people like you will come and go as much as you please. I said ""I'm confident my business would be successful"" you don't need research to have hope and determination. I pity the guy who went out of his at in an attempt to discourage my dream. I hope to get back to you after my business gets the wheels rolling, so I can take everything you just said to me and shove it up your ass while you continue to hate on everything and everyone. Fuck face"


I think it depends a lot on your idea of how you should relate to your neighbors. Personally, I think that I should be allowed to do just about whatever I want with my property, and I grant my neighbor the same right. If my neighbor wants to paint his house purple with orange stripes and fill his front lawn with pink flamingos, I think that's his right. If I don't like it, I don't have to look at his house. (I would draw the line at things that I cannot avoid by simply looking the other way, like running jet engines in his back yard at 2 in the morning, as I could not avoid the noise. Or dumping toxic waste on the street, as it will cause health problems. Etc.) Others think it IS their business what their neighbor does with his property and want to be able to control it. They want someone who has the authority to force everyone in the neighborhood to paint their house in colors deemed acceptable, to meet certain requirements for yard work. And that's what Home Owners Associations are for: to require that everyone in the neighborhood maintain their property according to a standard set by the HOA, which should theoretically represent the wishes of the majority. Of course the price you pay for giving you the right to tell your neighbor what kind of fence he is allowed to have is that now your neighbors can tell you what kind of fence you can have. Advocates of HOAs often say that they are necessary to protect property values. Personally I think this is something of a circular argument: I must have the right to prevent my neighbor from doing something that, in my opinion, makes his house ugly, not because I necessarily have no choice but to stare out my window at his house all day and be repulsed by it, but because someday I may want to sell my house to someone who will have no choice but to stare out the window at his house all day and be repulsed by it and so will not want to buy my house. Of course if we all just minded our own business, this wouldn't be an issue. Okay, this was pretty much an anti-HOA post, but I did TRY to state the other side of it.


It's not stealing from people who create value. Or create jobs. Taxing money earned by dividends isn't harming anyone. Simple math says if you're paying 10m in taxes it's because you didn't use your wealth to create jobs. And someone who paid 10m in taxes isn't going to decide not to buy that 10k ring because they paid 20m and only have 40 left for the year. Walmart makes 15b a year they're not going to create more jobs or wealth because they made 20b with a tax cut. Lowering taxes will only be beneficial to the middle class due to the fact they are the ones stimulating the economy. It's easy to live paycheck to paycheck making 120k a year when you actually get to enjoy life.


"As others have noted, US law says that if you have over half the bill, it's worth the full value, under half is worth nothing. I presume if it is very close to half, if even careful measurements show that you have 50.5%, you'll have difficulty cashing it in, precisely because the government and the banking system aren't going to allow themselves to be easily fooled by someone cutting bills in half and then trying to redeem both halves. I've seen several comments on here about how you'd explain to the bank how so many bills were cut in half. What if you just told them the truth? Not the part about killing someone, of course, but tell them that you made a deal, neither of you wanted to bother with complex contracts and having to go to court if the other side didn't pay up, so your buddy cut all the bills in half, etc. As you now have both halves and they clearly have the same serial number, this no real evidence of fraud. Okay, this is technically illegal -- 18 US Code Section 333, ""Whoever mutilates, CUTS, defaces, disfigures, or perforates, or unites or cements together, or does any other thing to any bank bill, draft, note, or other evidence of debt issued by any national banking association, or Federal Reserve bank, or the Federal Reserve System, with intent to render such bank bill, draft, note, or other evidence of debt unfit to be reissued, shall be fined under this title or imprisoned not more than six months, or both."" But you didn't do it, the other guy did. I presume the point of this law is to say that you can't get a hold of currency belonging to someone else and mutilate it so as to make it worthless. As he's now given you both halves, I doubt anyone would bother to track him down and prosecute him. Just BTW, while checking up on the details of the law, I stumbled across 18 USC 336, which says that it's illegal to write a check for less than $1, with penalties of 6 months in prison. I just got a check from AT&T for 15 cents for one of those class action suits where the lawyers get $100 million and the victims get 15 cents each. Apparently that was illegal."


To avoid risk from rising interest rates, get a fixed rate mortgage. For the life of the mortgage your principal and interest payments will remain the same. Keep in mind that the taxes and insurance portion of your monthly payment may still go up. Because you own the property, the costs to maintain the property are your responsibility. If you rented this would be the responsibility of the owner of the property; if the cost to repair and maintain goes up so does the rent. Because you are the owner your annual costs to repair and maintain may go up over time. The way to eliminate risk of loss of value is to never move, until the mortgage is paid off. You will know exactly what principal and interest will cost you over the life of the loan. When you sell that will be essentially return on your payments. You don't know if the loss of value is due to world, national, regional, local or individual circumstances. so hedging is tough. If the fact that the mortgage is 95% is what makes you nervous, your biggest risk is risk of being upside down. That risk is greatly reduced by increasing the amount of the down payment. That decreases the risk that the value will be below the mortgage amount if due to unforeseen circumstances you have to sell immediately. The money will still be lost due to decrease in value, but you aren't forced to bring cash to the settlement table if you need to sell.


GIC perhaps? These would be quite similar to Certificates of Deposit where one is agreeing to lock up their money for a term and be paid a percentage for doing so. There are various kinds as some may be linked to market returns in some cases and others are just simple interest.


Is there evidence of Russian money laundering through bitcoin or is this your assumption? As I understand it laundering through btc would require you to explain why your wallet has millions in it, doesn't seem useful Edit: unless you maybe distributed the bitcoin to fake users and had them spend it on your own digital services? Would people be able to track the coins through the ledger and see that you're indirectly circulating coins from your personal wallet to your business one? I don't know I'm in too deep now


http://www.Mvelopes.com Mvelopes is envelope-style budgeting in an online application. I've tried all of the other applications and I choose to pay for this one for the following reasons:


Careful, here. The last time we got a bill from the doctor's office because they made a billing mistake it turns out the bill was a mistake. Before you pay anything go through the list of charges and payments and make sure it's accurate. (In our case she went to an appointment and was then told there was no reason for the doctor to see her that day. Several months later a bill for the visit showed up--except they hadn't kept straight what payment was for what visit so it took some digging to figure out what had happened.


"How can I make sure? You can't make sure. Here is what is promised: (Obviously things have to be done in this order). Here is what will actually happen: The only way to ""make sure"" is to give all the information and watch the money disappear from your account. I advise against that."


It's my understanding that deferred revenue will be included as income as the services are rendered. In this way, gains originating from deferred revenue are not recognized until they are actually earned. It's a formality so the accounting adheres to the matching principle. It may help to view a DR as an advance payment (say like what an airline may do with ticket purchases that occur before the flight). It sounds like you're wanting to penalize the business for having to eventually provide a service. But I don't know if that would be accurate, I mean, from the business's perspective, isn't it always preferable to be paid in advance? Are you concerned the company may not have any recourse should the customer try to back out or something? I don't think I'm understanding your question, could you come at it from another angle to explain it?


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Lets pretend that TELSA decided to split its stock 10 shares for 1. Now the stock is $35 dollars- would that make you happy? You dont have any idea how companies are valued. Berkshire Hathaway Inc. Class A NYSE: BRK.A - Oct 31, 12:58 PM EDT 280,210.00 USD


"It is your name, or the fictitious name under which you operate. For example, if your freelance front end is called ""Zolani the 13th, LLC"", then that's the name you want to appear on the check, and not ""Mr. John Zolani Doe"" that is written in your birth certificate."


Actually, those claims are well supported and if expressimg yourself in a written document that you have to open up yourself to read is creating a hostile work environment, then the HWE is more like a tool for ideological witch hunting. There are workers rights and processes for firing people. This is definitely not the end of the story, he can easily sue.


There is a very popular opinion on Reddit that automation and robotics will be terrible for the economy. I think the positives outweigh the negatives. Whether you are for or against, this brings us one step closer to a post-scarcity economy.


Ich war lange auf der Suche nach einem Pflegedienst zur Tagespflege meiner Eltern in Hamburg und habe viele Services analysiert. Der hier ist mir bisher am besten aufgefallen, weil wir einen Migrationshintergrund haben und dieser Dienst genau dafür gedacht ist. Hier sind ein paar Bookmarks vom AKS Pflegeteam.


When one of you has a grievance against another, does he dare go to law before the unrighteous instead of the saints? 2 Or do you not know that the saints will judge the world? And if the world is to be judged by you, are you incompetent to try trivial cases? 3 Do you not know that we are to judge angels? How much more, then, matters pertaining to this life! 4 So if you have such cases, why do you lay them before those who have no standing in the church? 5 I say this to your shame. Can it be that there is no one among you wise enough to settle a dispute between the brothers, 6 but brother goes to law against brother, and that before unbelievers? 7 To have lawsuits at all with one another is already a defeat for you. Why not rather suffer wrong? Why not rather be defrauded? 8 But you yourselves wrong and defraud—even your own brothers! 1 Corinthians 6:1-8


The point was not to persuade people to go for a megacorp over a startup. What she mostly preaches is that you can make a living for yourself. If you are going to put 100 hours in at a startup why not just develop your own product?


No. The article needs to have business as its central focus. Not as something which one can extrapolate as a consequence. This is a health article not a business article. I have, quite sadly, removed it. Even though I liked it and found it informative and hopeful. It would be great if some day the admins gave us the power to move submissions to more appropriate subreddits rather than remove them. Oh to dream.


Free business listings in India are currently one of the biggest platforms for promoting your business. This is where you can list your products for free and attain new heights if success with the amount of attention you garner. There are a lot of benefits of registering your business with an online directory. http://www.businessinfolink.com/


Call centres are also looking to the future for the return of economic prosperity. Discretionary spending on strategic goals designed to ensure that they will be poised to benefit from the upturn has increased. Most discretionary spending has been allotted for technology enhancements. By investing in technology, the centres are anticipating that the new technologies will deliver benefits in the form of lower operating costs and improved customer satisfaction.


"> I do not reside on the right and have never voted for a Republican candidate. I don't believe you. The words you're using are pretty much verbatim from the ""crush-the-immigrants"" right-wing spin machine. Such as: > It rewards those who willfully disregarded America's legal system and subsequently punishes those that respected it. > >America should not reward the immoral, regardless of the color they may happen to be. > > Non-citizens who see themselves as above the law should be punished and sent home. Why focus on non-citizens? If you want to be consistent, you should be in favor of destroying the lives of U.S. citizen jaywalkers, litterers, vandals, etc. too. Because that's the level of punishment that you're proposing to be applied. Gotta be consistent on levels of punishment if you don't want to be called out as a hypocrite after all. I think Wisconsin dairy farmers are already getting a taste of what life is going to be like if they follow your solution, and they're already unhappy about how much harder it is to do business. I guess you hate American farmers as well, eh? If your big beef is people committing crimes & not getting punished, then I'll modify my solution a little for you: Illegal immigrant that hasn't done anything violent? $100 fine, then they can apply for legal immigrant status - voila! criminal punished, and illegal immigration problem solved!"


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"In the US you are not required to have a corporation to use business expenses to offset your income. The technical term you need is ""deducting business expenses"", and in matters of taxes it's usually best to go straight to the horse's mouth: the IRS's explanations Deducting Business Expenses Business expenses are the cost of carrying on a trade or business. These expenses are usually deductible if the business operates to make a profit. What Can I Deduct? Cost of Goods Sold, Capital Expenses, Personal versus Business Expenses, Business Use of Your Home, Business Use of Your Car, Other Types of Business Expenses None of this requires any special incorporation or tax arrangements, and are a normal part of operating a business. However, there is a bit of a problem with your scenario. You said you ""invested"" into a business, but you mentioned buying specific things for the business which is not generally how one accounts for investment. If you are not an owner/operator of the business, then the scenario is not so straight-forward, as you can't simply claim someone else's business expenses as your own because you invested in it. Investments are taxed differently than expenses, and based upon your word choices I'm concerned that you could be getting yourself into a bit of a pickle. I would strongly advise you to speak with a professional, such as a Certified Public Accountant (CPA), to go over your current arrangement and advise you on how you should be structuring your ongoing investment into this shared business. If you are investing you should be receiving equity to reflect your ownership (or stock in the company, etc), and investments of this sort generally cannot be deducted as an expense on your taxes - it's just an investment, the same as buying stock or CDs. If you are just buying things for someone else's benefit, it's possible that this could be looked upon as a personal gift, and you may be in a precarious legal position as well (where the money is, indeed, just a gift). And gifts of this sort aren't deductible, either. Depending on how this is all structured, it's possible that you should both consider a different form of legal organization, such as a formal corporation or at least an official business partnership. A CPA and an appropriate business attorney should be able to advise you for a nominal (few hundred dollars, at most) fee. If a new legal structure is advisable, you can potentially do the work yourself for a few hundred dollars, or pay to have it done (especially if the situation is more complex) for a few hundred to a few thousand. That's a lot less than you'd be on the hook for if this business is being accounted for improperly, or if either of your tax returns are being reported improperly!"


>they're the type of company willing to sell people really nasty shit just to make a buck (in my opinion). I mean, that describes every fast food chain, every bar, and every business that sells soda or candy on the premises.


Dumb question but if Americans spend 100B$ each year on fast food how are they bringing in 110B$ annual revenue? Edit: Whoops thats from 2000. That's pretty interesting though. Does that mean the fast-food industry has only seen a 10B dollar increase in the last 14 years?


R H Power Utilities Pvt Ltd Services is consistently rising and increasing our Spindle Repair services. Today, we provide advanced spindle analysis and testing, and repairs and rebuilds. we have associate degree extensively trained and fully fledged team of engineers and technicians maintaining with the foremost recent advances within the spindle bearing, spindle motor and spindle equipment – all to satisfy dynamical client needs.


I suggest you talk to a New York-licensed tax adviser (EA or NY-licensed CPA). New York is very aggressive when it comes to residency determination, and given your facts and circumstances you may end up being considered NY resident despite relocating to Florida. If you maintain a studio in NY, I'd say 99% chance is that you remain NY resident for the whole year (but verify with a professional).


"Oh please. Most of the unsecured creditors who get screwed in bankruptcy are large banks. They know the risk going in which is why unsecured lends at a high interest rate. Yes, trade creditors often do get screwed but it's a cost of doing business -- it's why a vendor needs to monitor its receivables and watch for signs of insolvency and adjust the terms of trade accordingly. You should have made sure you were covered by brokerage insurance before handing money to a company like that. The ""I'm the little guy"" argument is just weak."


His 'brand' is exactly the point of my original post, not so much his career as a cyclist. His name is tarnished, but to what extent? Consequently, for marketing purposes, I think a discussion of exactly how much does it matter? Yes he has been defamed, but he is still recognizable. How much is his 'brand' worth. For Example, back in '08, it was very clear that many large banks were involved from the top down in screwing millions of Americans out of billions of dollars in assets, and equity. These banks gained a bad reputation because of this, but very very few of the large ones have gone away. Yes the value of their brand has diminished, but clearly not disappeared.


Does the 401(k) get any match? Whatever you do, don't lose the match. Without more detail, it's tough. Will you lose more sleep for the debt rising, or for the retire account not? It seems your debt is well managed, a year to zero? A student loan wouldn't scare me.


Since you are trying to compare corporate bonds that have a defined coupon over the specified time of the bond. Why not use a simple Net Present Value (NPV) calculation. Refer: Net Present Value (NPV) You could use the discounting factor as the current repo rate of your central bank. As I said, this would be a simple fast measure (not considering risk rating of the bonds, inflation and other considerations). Take a notional 1000 as invetment in each instrument and calculate the NPV, higher it is better the investment. Another method, in terms of percentage return would be Internal rate of Return (IRR). Though the calcualtionis a bit more complicated, it would give you a percentage figure. Note, the above 2 measures are used when the cashflow over the time period is known. It will not work for instruments where the cashflow/value over different time are not known. Like stocks.


"You probably have enough math to satisfy a program as an incoming student. However, GMAT will matter a lot. The Ivys and their equivalents are going to have more applicants with perfect gmats and higher math backgrounds than they can take. If you can't distinguish yourself with connections from well published professors who can write good letters for you, then they're probably out of reach. Which means almost surely that you won't get a job at an ivy or equivalent as they are pretty incestuous. Basically, if you go on the market without a top tier publication before you go out, or without a huge endorsement from a big name, your best outcome is to land at a school that is the same level as the one from which you receive your degree. And you had better have at least 1 decent pub or R&R, or a presentation at a top conference with a good pipeline to hope for that. More likely outcome is you have a good job market paper, decent pipeline, maybe a few conference presentations, but no pub or R&R, in which case the most likely outcome for you is a step down from the tier of school you were at. So if you were at a flagship state program, then you will end up in the second tier state programs. The worse your portfolio on the market the farther you fall. So if your goal is a flagship state program, then you need to be aiming as high as absolutely possible. And the chances of getting into those programs are progressively smaller the higher you shoot. The flagship state schools (like UT) and the Ivy/equivalents (like Harvard/Berkley etc.) will get hundreds if not thousands of applicants. Ones with backgrounds in working finance or econ, or worse I had two physics phd holders start in my cohort with me (so you have no chance to compete with that kind of math and programming experience), perfect gmats/gres, and great recommendations. It is very hard, but you can't win if you don't play I suppose. I would wager that the average number of applications to programs sent by applicants is around 50, so why not aim a few of those applications high and see if anything sticks. Computer language proficiency is a good thing to highlight, but won't win you any big awards. By the time you get out of your first year, every student should have proficiency in either Stata/R/Sas and have some python/perl/c# etc, depending on what area of research you go for. So you have a head start, but not for long. Your best shot to improve your chances are good recommendations from professors you know that are research active and big names in their sub-fields and in the finance field as a whole. Next up would be to have an active interest in a research area, and be able to discuss/write about WHY you want to research that area. Don't just think about it, go look up papers that do that sort of research and see what they do and how they do it. So that you will know the limitations of that sort of research. When I interview a prospective student and they say ""I am interested in international finance research"" or any other sort of general field, I know they haven't got a clue what they're interested in. Which puts them behind again."


"As long as you're not trying to get a higher limit in order to actually spend more money, or might be tempted to do so, it's generally advantageous to have a higher limit if available. A large part of credit score is based on utilization rate (balance due at statement closing divided by credit limit). Basically, you want more than 0% and less than 30% or preferably less than 10% used. Doubling your credit limit halves your utilization rate. And it can be comforting to have it there ""in case you need it"" in some sort of emergency scenario. Caveats: There's no ""right"" or ""default"" amount of credit that you ""should have"" at any given point in your life. If you're using credit responsibly, and don't need more credit, there's no particular reason to ask for more credit. If you work at it and are patient, it's easy to eventually have tens of thousands of dollars of unused credit limits, but that doesn't really get you anywhere you need to be by itself."


"No one is going to explain why ""faster and faster trades ..... help business itself"", because faster trades don't help business. With HFT the stock market signals are completely divorced from business reality. The stock market is manipulated so that Primary Dealer banks can siphon off fortunes in tiny margins on billions of transactions"


"The answer is yes. And the reason is if today's interest rates are lower than the interest rate (coupon) at which the bond was issued. The bond's ""lifetime value"" is 100 cents on the dollar. That's the principal repayment that the investor will get on the maturity date. But suppose the bond's coupon rate is 4% while today's interest rate is 3%. Then, people who bought the bond at 100 would get 4% on their money, while everyone else was getting 3%. To compensate, a three year bond would have to rise to almost 103 so that the so-called yield to maturity"" would be 3%. Then there would be a ""capital loss"" (from almost 103 to 100) that would exactly offset the extra interest, that is 1% ""more"" for three years. If today's interest rates are negative (as they were from time to time in the 1930s, and in the present decade), the ""negative"" interest rates will prevent the buyer from getting the ""lifetime value"" (as defined by the OP) of principal plus interest over the original life of the bond. This happens in a ""flight to quality"" situation, where people are willing to take a (small) capital loss on Treasuries in order to prevent a large possible loss from bank failures like those that took place in 2008."


If you can get a mortgage with 10% downpayment and the seller will accept (some may want at least 20% downpayment for whatever reasons) and with PMI it still lower than your rent, sounds like it's a good idea to buy now. Of course this assumes that the money you'd be otherwise saving for 20% downpayment will be used to pay off a mortgage faster.


As the premiums go up, so do the individuals subsidies because they are limited in how much they have to pay. John has to pay $450 if his total insurance costs $11k or $15 k. So, in effect, he will get more money. To pay for his increased insurance costs. This increases the overall costs to the taxpayers by millions of dollars. The money goes to the person to pay premiums instead of straight to insurance companies. The taxpayers would be much better off if the payments to insurance companies continue to prevent the raise in premiums. If Trump stops the payments, we are all going to pay more, except for those near the poverty level.


Here's what JP Morgan is going to do: it's going to say that it was forced into a forced shotgun marriage with Bear by the Feds, and that it was not given time to do the due dilligence that generally comes before takeovers of this nature. Case closed.


If the building has no income, it also probably has minimal expenses. The heat, water and electricity costs are nearly zero. They are letting the value depreciate, and taking it off the taxes. I also suspect the condition of the building is poor, so any effort to make the building productive would be very costly. Many cities combat this by setting the tax on empty buildings or empty lots at a much higher rate. Or they set the value of the property at a high valuation based on what it could generate. Sometimes this is only targeted at some sections of the city to encourage development. They also offer tax breaks when the owner of a house has the house as their principal residence.


I listened to this the same day I read an article about american companies having trouble hiring workers. In Germany they train workers via internships and technical schools. In the US the students pay too much for useless degrees. Trump is losing his shit trying to force people to mine coal when an answer (not the answer) is right there. FFS.


> Why not just get rid of deposit insurance for commercial banks Repeated cycles of boom-and-busts, bank runs, recessions and crashes (that make today's situation look like a walk in the park) showed that deposit insurance is the best policy. Case in point: no Great Depression since we instituted it, and individual account holders are protected even when banks fail (as they do now and then for natural reasons).


"Pay off your debt. As you witnessed, no ""investment"" % is guaranteed. But your debt payments are... so if you have cash, the best way to ""invest"" it is to pay off your debt. Since your car is depreciating while your house may be appreciating (don't know but it's possible) you should pay off your car loan first. You're losing money in more than one way on that investment."


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"So is knowledge of unannounced products simply not considered material nonpublic information? Well ""material"" is relative but it certainly is nonpublic information. And trading based on that information would likely be considered illegal if it is actually material. Many companies require that employees with material non-public info get stock trades approved by their legal department. This protects not only the employee but the employer from SEC scrutiny. If the legal department determines that the employee has non-public info that is the genesis of the stock trade, they might deny the request. In many cases these employees receive stock through ESPP, ISO and/or RSUs and often sell while in possession of information about unannounced products. Just receiving stock as part of as part of a compensation program would not be illegal, provided it was part of a normal compensation package and not deliberately awarded in advance of these types of events. Selling or outright buying stock (including RSUs) with that kind of information would certainly be scrutinized. An employee is granted RSUs, they vest 7 months before announcement of a new product. The employee knows the exact specifications of the product. If they sell the vested stock before the announcement would this constitute insider trading or not? Why? The law is not meant to prevent people from investing in their own company just because they know future plans. So knowledge of an announcement 7 months out may not be considered material. If, however, you sold stock the day (or a week) before some announcement that caused the stock to fall, then that would probably be scrutinized. Or, if you traded shortly before an announcement of a new, revolutionary product that was set to be released in seven months, and the stock rose, then you might be scrutinized. So there is a lot of gray area, but remember that the spirit of the law is to prevent people from benefiting unfairly with non-public information. It would be hard to prove that gaining on a stock trade 7 months before a product announcement would be considered ""unfair gain"". A lot can happen in that time."


Very good answers as to how 0% loans are typically done. In addition, many are either tied to a specific large item purchase, or credit cards with a no interest period. On credit card transactions the bank is getting a fee from the retailer, who in turn is giving you a hidden charge to cover that fee. In the case of a large purchase item like a car, the retailer is again quite likely paying a fee to cover what would be that interest, something they are willing to do to make the sale. They will typically be less prone to deal as low a price in negotiation if you were not making that deal, or at times they may offer either a rebate or special low to zero finance rates, but you don't get both.


Recursos Energia Rinnovabile são activos de att força são løbende reabastecido. Estes incluem energia da água, o vento, o sol, as fontes geotérmicas, e fontes de biomassa culturas energéticas SOM. Empresas Energia Fotovoltaica estão produzindo tecnologia nemlig se transformando em mais vital e mesmo que este é duas forventes com escalada de acusações de petróleo, a demanda por alternativas de energia blivit montanhismo mesmo anos no óleo passado när udgifter eram baixos.


Yeah, that's the problem fuck-0. Walmart makes tons of money in profit and their employees are using state benefits. This isn't a problem for you? The government is subsidizing walmarts employee benefits. In other words we are socializing walmarts losses and walmart is privatizing their gains.


"In addition top the great answers above (esp Joe Taxpayer: ""if traveling is your passion, do it!) let me add my two cents: I recommend always having TWO vacations planned. It's a wonderful way to go through life: It doesn't really matter how long until the next vacation, or how expensive it will be. Just that it's planned and out there makes for extra happiness and good money management. (Can you tell I'm in the same mindset? I love vacations.)"


Maybe have a more clearly stated goal and plan to get there. Were they selling just a nicely built machine no one needs (the single design flaw) or were they trying to sell us a way to buy their juice repeatedly and maintain revenue.


"It's funny how you say they will resort to laws to stop consumers from getting what they want when in reality the so called ""upstarts"" are the ones on very thin ice with breaking the law. If you define Netflix as an upstart then I can already see that we don't agree on the same premise and hence further argument is pointless. And for the record, Seinfield was only possible with TV and all the talented people in production. Do you really think Youtube or Netflix will be able to produce a quality show? I think not. Like I pointed out, everyone is giving too much credit to Netflix because it's easy to stream a show after the risk has already been taken to spend the time and money to produce a show. This is why these ""upstarts"" operate on a profitable margin, they are eating TV/Cable's lunch. I am all for TV, I believe that TV will still be around 50 years from now. The internet and tech is very volatile and you never know where it will stand 5... even 10 years from now. In the end, people do not want to watch cheap low-quality comedy on their iPhones. 60 inch LCD home theaters are here to stay in peoples homes. Maybe it will be streamed via the internet but TV will very much still pull a lot of weight. Afterall, TV built the industry, they deserve to own it. I don't see the logic and destroying TV to benefit companies like Apple or Netflix who really have no idea how to even begin preproduction on a quality show. This boils down to the fact that people will always consume the cheapest form of entertainment, and while this is true. Americans are sophisticated enough to distinguish cheap from quality. TV delivers quality and will continue to deliver quality, while the internet delivers a few occasional guffaws packaged in mediocrity."


I bought a the new book Grant by Ron Chernow because he writes the best biographies going. I had to go to Half Price Books because there are no truly independent bookstores near me. It cost me an extra $10, but Amazon is getting a bit scary for me.


Do I pay tax to the US and then also pay it in India for my income, or does my American partner, who holds 15% of the monthly income, pay tax in the US for his income? Of course you do, what kind of question is this? You have income earned in the US by a US entity, and the entity is taxed. Since LLC is a disregarded entity - the tax shifts to you personally. You should file form 1040NR. You should also talk to a tax professional who's proficient in the Indo-US tax treaty, since it may affect your situation.


"It is absolutely normal for your investments to go down at times. If you pull money out whenever your investments decrease in value, you lock in the losses. It is better to do a bit of research and come up with some sort of strategy about how you will manage your investments. One such strategy is to choose a target asset allocation (or let the ""target date"" fund choose it for you) and never sell until you need the money for retirement. Some would advocate various other strategies that involve timing the market. The important thing is that you find a strategy that you can live with and that provides you with enough confidence that you won't buy and sell at random. Acting on gut feelings and selling whenever you feel queasy will likely lead to worse outcomes in the long run."


I had a friend who worked for a temp company as a dental hygienist and when she left after a year or longer she ended up taking them court because they wanted her to wait like 6 months before working in any office she worked for under contract. While I can kind of understand the companies point of view, it would've been career ending for her since as a temp she worked at pretty much every dental office in the area. She ended up winning in court and they had to change their contracts to only be 30 days rather than 6 months.


From what you have written, it could be a boiler room company. These operate with fancy website and have proper book keeping systems but are elaborate scams. How did you find about this broker. If there was a seller when you purchased the shares, there is no reason you can't be seller


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The big benefit of a health savings account is the savings aspect. HSAs let you save up and invest money for your health care expenses. You don't just pay for medical care with pretax dollars - you get to invest those pretax dollars (possibly until you've retired). If you can afford to put money in the plan now, this can be a pretty good deal, especially if you're in a high tax bracket and expect to remain there after retirement. There are a lot of obnoxious limitations and restrictions, and there's political risk to worry about between now and when you spend the money (mostly uncertainty about what the heck the health insurance system will look like after the fight over ObamaCare and its possible repeal.)


NO. The legislation requires the landlord to deposit it in a bank. Check out pages 7-10 of the linked document. There is no mention of interest. The second clause, I believe, is probably for large landlords who hold hundreds of thousands of dollars of security. http://www.legislature.mi.gov/documents/publications/tenantlandlord.pdf Q4 Once collected, what must the landlord do with the security deposit? The landlord must either: a) Deposit the money with a regulated financial institution (e.g., bank), OR b) Deposit a cash bond or surety bond, to secure the entire deposit, with the Secretary of State. ( Note: If the landlord does this, he or she may use the money at any time, for any purpose.) The bond ensures that there is money available to repay the tenant’s security deposit


Comcast is doing all this twitter advertising about how they won't throttle, block, prioritize, yadda. All that was a stipulation of their merger with NBC. Those requirements end next year. If Title II goes away, like they won't throttle Netflix and block other services that compete with theirs? What's to stop them? It won't even be the same do AT&T - doubt *this* Justice Department will impose any pro-consumer regulations.


> Managers got paid bonuses if they sold more deserts/alcohol so waiters are forced to offer every customer wine samples and pitch them on other drinks. ...those bastards, giving us free booze. The bar I go to actually takes pride in their beer. Full wall of microbrews. They do not sell \*lite. Standard procedure is to sit down, ask the bartender about what's good, and to be given half a dozen samples of the new kegs they got this week. I mean, *seriously*, those assholes -- trying to get me to find and drink a beer that actually I like. What a bunch of jerks.


"Edit #2 My whole answer was based on my misunderstanding that you were renting out a totally separate property to your girl friend. I finally understand now that you're renting out a room in YOUR apartment flat to your gf. So, based on my new understanding, I don't think it's necessarily a bad idea. The answer below is my answer to a different question ;) Original Answer My answer has nothing to do with business, but is totally relationship based. If you care about her in a ""we might be together a long time"" way, then I wouldn't do this. I don't care what arrangements you setup before hand, at some point, you're bound to feel like she owes you something at some point. Let alone the easiest of situations to imagine (she's late on the rent, she loses her job and can't pay, etc) you'll be forced to make decisions about how much your desire to love and care for her outweighs your need to pay your mortgage. You can argue how magnanimous your are all day long, but is this something you want to bring into your relationship? Now, if you don't really care to stay with her that long and you could do life with or without her, then go for it. I think the big question is, is your relationship worth £200? Edit In the interest of supporting my opinion, here are a few articles I found on the subject: Unfortunately, the way renting to friends or family often works out is far from what would be expected between people who care about one another. For the most part, friends and family members will actually make bad renters, because they’ll expect more from you than a tenant who doesn’t know you. You may get a lot of requests for maintenance and repairs, even for minor things, and you may also find that family members and friends think they should be entitled to perks because of your personal relationship with them. When they don’t get special treatment, they can get angry with you, and that hurts both your professional relationship and your personal relationship. American Apartment Owners Association ""In my experience, landlords renting to relatives doesn't work out perfectly,"" said Ceyhun Doker, a REALTOR® associate at Keller Williams Realty in Burlingame, CA. ""When you don't know each other, there are fewer problems."" realator.com"


I found one such tool here: Point-to-Point Returns tool


"Considering that I can't find anything on Chase's web site referencing a ""Money Market IRA"" I suspect that this is a type of account that they aren't actively supporting anymore, but aren't forcing you to cash it in. I would call Chase to find out for sure, however. That said, a money market is not a good investment if you are looking for any kind of growth. They are basically a savings account that pay (currently) a small amount of interest. You can get much better return from other low-risk investments. You can rebalance periodically if you want to keep a certain amount of ""cash"" available."


Went to Chipotle last night purely because my wife wanted to try the queso - it's awful. It's incredibly grainy/floury, like a bad roux, kinda turned our stomachs. Missed the mark on flavor too, completely bland. Chipotle guacamole is delicious, the $2 queso isn't in the same realm. Also I really enjoyed their chorizo.. :(


Fuck you and bullshit. Move? Wow lets just tell all these poor people who can barely afford rent that all they need to do is move to one of these great cities with the great paying jobs. You must be a Republican Trump supporter with that talk. You are just a asshole. No one agrees with you and all sudden they must be stupid because your government written paper is bullshit and rest of us know it is. Think for a second you think the Trump administration going realise somthing showing how bad it is out here? Hell think Obama wouldn't. I am sure there a shit ton of low minium wage jobs available. We are looking for jobs that pay a livable wage.


My beef with day (and to ape Yishai's answer a little) is that his good advice is no different than anybody's good advice. The seven steps are on the home page, Clark Howard, Suze Orman and probably quite a few others all chat about spend less, save more, shop wisely and live within your means. Anything specific is just motivation, and it sort of irks me that Dave Ramsey charges $100+ buck to go to a seminar about how to save money. A $30 book to read anecdotes and examples of how to follow the seven steps. (Probably, I won't buy his books) I have no problem with somebody making money, but I doubt that Dave is just barely breaking even. I was stand corrected if he is, but I just don't suspect he is. Clark Howard recommends that people go to the library and check out his book; he is a lot closer to practicing what he is preaching.


The virtual classrooms won't replace the expensive schools at the high end (for many of the reasons you describe). They'll compete on the low end with public schools. I agree it won't happen in the near future -- it'll happen when prices get so high that there's a significant increase in student loan defaults. That will be the breaking point, and people will start to look for alternatives.


Disclaimer: I don't work in the finance industry, and simply took a few classes in corporate finance and management during my undergrad. It depends on what type of investing you're talking about. If you're talking about building a portfolio of securities, then CAPM is the basis for most valuation models. Generally, CAPM will have you discount based on your best available risk-free rate (usually t-bills or some other fixed income source with a reliable backer). Even after your valuation, the basic theory of risk management for an investment portfolio is still to maintain a diverse basket of poorly correlated products. If you're talking about corporate finance where a firm is considering an investment such as a new project, then a determining a WACC and using it as a discount rate for your cash flow is a basic strategy. This is a basic strategy, but there are better ones depending on the specifics of the investment. This is where evaluating exposures is important. To hedge counterparty risk, you might discount by the estimated probability of non-payment or buy trade insurance. To hedge currency risk, you might buy forwards, options, or look into a money market hedge. To hedge political risks like repatriation or changes in tax laws or regulation you might buy political risk insurance. To hedge exposure to a particular commodity price, you can trade futures.


Apple fucked up with the last set of iPhones, yet they still sold a ton. I expect the same this time...no major innovation, will still sell a ton globally. Why the fuck is there no major competition outside of Google/Samsung. Oh windows? haha. Seriously, you can see why Amazon would jump in, however stupid of them to do so (not their main business/focus)


"You asked for advice, so I'll offer it. Trying to time the market is not a great strategy unless you're sitting in front of a Bloomberg terminal all the time. Another person answering your question suggests the use of index funds; he's likely to be right. Look up ""asset allocation."" What you want to do is decide that you want your portfolio to contain, for example: If one of your stock holdings goes up far enough that you're out of your target asset allocation ranges, sell some of it and buy something in another asset class,s so you're back in balance. That way you lock in some profit when things go up, without losing access to potential future profits. The same applies if something goes down; you buy more of that asset class by selling others. This has worked really well for me for 30+ years."


A rather good IRS paper on the topic states that a donation of a business' in-kind inventory would be Under IRC 170(e)(1), however, the fair market value must be reduced by the amount of gain that would not be long-term capital gain if the property had been sold by the donor at the property's fair market value (determined at the time of the contribution). Under this rule, deductions for donated inventory are limited to the property's basis (generally its cost), where the fair market value exceeds the basis. There are references to IRC regulations in a narrative context you may find helpful: This paper goes on for 16 pages describing detailed exceptions and the political reasons for the exceptions (most of which are concerned with encouraging the donation of prepared food from restaurants/caterers to hunger charities by guaranteeing a value for something that would otherwise be trashed valueless); and a worked out example of fur coats that had a cost of goods of $200 and a market value of $1000.


As the college education is very costly, I want to send USD 25,000 to him as a gift. What is the procedure and what Indian and American tax laws are involved ? This transaction will be treated as gift. As per Indian law you can transfer unlimited amount to your close relative [son-in-law/grandchildren/daughter/etc]. In US the gift tax is on donor, as you are no US citizen you are not bound by this. As your son-in-law/grandchildren are US citizens, there is no tax to them. Your son-in-law may still need to declare this in Form 3250 or such relevant returns. Under the Liberalized remittance scheme [Refer Q3], you can transfer upto USD 250,000 per year. There maybe some forms that you need to fill. Ask your Bank. If the amount is more than USD 25,000 a CA certificate along with 15CA, 15CB need to be filled. Essentially the CA certifies that taxes on the funds being transferred have already been paid to Govt of India. Can I send money to him directly or to his father who is submitting tax returns in USA? This does not make any difference in India. Someone else may answer this question if it makes a difference in US.