"First of all, it's quite common-place in GnuCash (and in accounting in general, I believe) to have ""accounts"" that represent concepts or ideas rather than actual accounts at some institution. For example, my personal GnuCash book has a plethora of expense accounts, just made up by me to categorize my spending, but all of the transactions are really just entries in my checking account. As to your actual question, I'd probably do this by tracking such savings as ""negative expenses,"" using an expense account and entering negative numbers. You could track grocery savings in your grocery expense account, or if you want to easily analyze the savings data, for example seeing savings over a certain time period, you would probably want a separate Grocery Savings expense account. EDIT: Regarding putting that money aside, here's an idea: Let's say you bought a $20 item that was on sale for $15. You could have a single transaction in GnuCash that includes four splits, one for each of the following actions: decrease your checking account by $20, increase your expense account by $20, decrease your ""discount savings"" expense account by $5, and increase your savings account (where you're putting that money aside) by $5."


Thanks for your reply. I’m not familiar with the term “Held-For-Trading Security”. My securities are generally held as collateral against my shorts. To clarify, I am just trying to track the “money in” and “money out” entries in my account for the shorts I write. The transaction is relatively straight forward, except there is a ton of information attached! In simple terms, for the ticker CSR and short contract CSRUQ8, the relevant entries look something like this: There are no entries for expiries. I need to ensure that funds are available for future margin calls and assignments. The sale side using covered calls is as involved.


NeoSize XL is the best male enhancement product which has got all natural ingredients without any bad side effects. NeoSize XL is hundred percent natural and is endorsed and approved by many doctors and health professionals. Neosize xl amazon and gnc will be a bit more costly and also the stock may be older when compared to that of the official website. This is because the manufacturers provide the best quality and the product is always fresh.


If only we had something else a person could use when they are feeling run down and want to take a break. A person could even use these days to go on a vacation or something to really get away and relax. Maybe we could even call them 'vacation days'.


Let me offer what I did in a similar situation - Two points (a) we were banking $20K/yr or so to the cash fund, 2 good incomes, and the ability to go indefinitely on just one of the 2. (b) A HELOC that was prime-1.5%. The result was to mentally treat the HELOC as our emergency fund, but to enjoy the interest savings of over $16,500/yr for the $100K that had a sub-1% return. When I first referenced this story, I came under criticism. Fair enough, it's not for everyone. Let's jump ahead. We owe $228K @3.5%. We had tapped the equity line for brief periods, but never over $20,000. When we lost our jobs, both of us, we had hit our number and are semi-retired now. Our retirement budget included the current mortgage payment, so we are in line for that dropping out of the budget in 12 years, and starting social security after that, which I did not include as part of the budget. Note - when we lost our jobs, the severance was 6 month's pay, and we collected unemployment as well. The first 12 months were covered without tapping our retirement funds at all. So, to Nick's point (and excellent answer) our first line of defense against unemployment was this combination of severance and unemployment insurance.


Higher life insurance. Mortgage insurance is a very expensive decreasing term life insurance policy, that pays the Lender. You can likely increase your limits for less cost, AND, the payout doesn't depreciate every month, AND, your beneficiary can use the money any way they want - to buy food, or pay property taxes, or whatever.


"You have to remember that there is no such actual thing as ""deregulation"". Even if regulations are light, the government is still legislating one way or another. There are already regulations that cause wealth to flow from workers and consumers towards shareholders. It's just a question of which way legislation allows wealth to flow. There is no empirical data to indicate that if the healthcare industry were ""deregulated"" that costs would fall. Lack of regulation is what leads to $2,000 epipens that cost $25 to make. If it were deregulated, prices would rise because free market forces do not reign supreme: corporate greed does. If you can charge a higher price you will. But malpractice will definitely rise as well. Take Kansas for example. Massive deregulation, leading to huge job losses, failing sectors left and right, and great big gaping budget holes with no free market rushing to fill the void. On the other hand take the NHS. Much lower cost per person than the US, and each person pays a much lower percentage of their income than people in the US, in return for quality healthcare. There is always regulation. It's just a question of who the regulation benefits to the detriment of whom."


"I'm no lawyer and no expert, so take my remarks as entertainment only. Also see this question. If you have a U.S. SSN which is eligible for work, they may be able to pay you on 1099 basis with your SSN as a sole proprietor, unless they have some personal reason for avoiding that. So perhaps try asking about that specifically. HR policies can be weird and tricky, maybe a nudge in the right direction will help. Not What You Asked: regardless, I might recommend you register as an LLC and get an EIN (sort of SSN for companies) for a variety of reasons. It's called a ""limited liability"" company for a reason. You may also have an easier time reaping various business-related rewards, like writing off expenses. If you do so, consider a state with no income tax like Wyoming. (Or, for convenience sake, WA if you live in BC, or maybe NH if you live in Ontario.. etc.)"


Well, you probably already know this, but no-one can guarantee you results...in any economic climate. Even traditionally low risk investments now seem higher risk to people when the economic forecasts are grim. That being said, 0.5% is pretty low. So, where does that leave you? Why not start with a risk tolerance analysis for yourself. There's a bunch on them on the internet if you google it. Here's one: Rutgers Financial Risk Tolerance Quiz Based on the result you get back, and whether you agree with it or not, this may give you a starting point for determining if entering the stock market is right for you. I'm guessing you can get better than 0.5% return over 10 years pretty easily though.


As a futures trader, I can tell you that the highs and lows for the ES futures diverge simply because they trade around the clock, from 6PM ET to 5PM ET the next day. The SPX is only open during market hours, as is the SPY, but the SPY also trades in the extended hours sessions for about 3.5 hours before and after the regular hours of 930 AM ET to 4PM ET ET. So bottom line, while they pretty much track each other, the difference in their trading hours results in the highs and lows being different.


It just had less cash. That doesn't necessarily mean that the company had a net loss for the year. Just like having more cash doesn't mean the company made a profit. What if a company had revenue of $1 million, expenses of $2 million, and took out a loan of $5 million? They had a net loss of $1 million, but they have $4 million more in cash.


Nope, only base commissaries or BX/PX's are subsidized. The rest is just done for goodwill/marketing purposes.


My two cents: I, like many people in finance, got into it for the money. However, I like many other people, found myself liking it for intrinsic reasons once I got into it. I genuinely enjoy learning about financial theory, economics, understanding how global markets work, following the different story lines for the EU/US/Asian economies, working on financial models, reading the WSJ, keeping up to date on new earning releases, analyzing investments, learning about companies/industries, etc. But I never would have found out that I liked these things unless I had chosen to study them and the only reason I chose to study them in the first place was because I wanted to make money. I'd take an intro finance class and see if it seems like something that could grow on you.


Wealth Management Analyst at major bank in NYC - I averaged 55-60. I had a close friend who worked for an NYC insurance firm and averaged just over 40. During the summer, they also got out early on Fridays. Early career pay wasn't great, but he consistently used the hours as a selling point to bring me over.


"There absolutely is a specific model that makes this so popular with so many credit card companies, and that model is ""per transaction fees"". Card companies also receive cost-sharing incentives from certain merchants. There is also a psychological reasoning as an additional incentive. When you want to accept credit cards as a source of payment as a business, you generally have three kinds of fees to pay: monthly/yearly subscription fees, percentage of transaction fee, and per transaction fee. The subscription fees can be waived and sometimes are expressed as a ""minimum cost"", so the business pays a certain amount whether you actually have people use credit cards or not. Many of these fees don't actually make it to the credit card companies, as they just pay the service providers and middle-men processing companies. The percentage of transaction fee means that the business accepting payment via credit card must pay a percentage usually ranging from 1-3% of the total transactions they accept. So if they get paid $10,000 a month by customers in the form of credit cards, the business pays out $100-300 a month to the credit card processor - a good portion of which will make it back to the credit card issuing company, and is a major source of income for them. The per transaction fee means that every time a transaction is run involving a card, a set fee is incurred by the business (which is commonly anywhere from $0.05 to $0.30 per transaction). If that $10,000 a month business mentioned previously had 10 customers paying $1,000 each at $0.10 a transaction, that's only $1 in fees to the credit card processors/companies. But if instead that business was a grocery store with an average transaction of $40, that's $25 in fees. This system means that if you are a credit card company and want to encourage people to make a specific kind of purchase, you should encourage purchases that people make many times for relatively small amounts of money. In a perfect world you'd want them to buy $1 bottles of water 5 times a day with their credit card. If the card company had 50,000 card holders doing this, at the end of 1 year the company would have $91,250,000 spread across 91,250,000 transactions. The card company might reasonably make $0.05 per transaction and %1 of the purchase total. The Get Rewarded For Drinking More campaign might earn the card company $912,500 in percentage fees and over $4.5 million in transaction fees. Yet the company would only have to pay 3% in rewards from the percentage fees, or $2.7 million, back to customers. If the card company had encouraged using your credit card for large once-yearly purchases, they would actually pay out more money in rewards than they collect in card-use fees. Yet by encouraging people to make small transactions very often the card company earns a nice net-income even if absolutely every customer pays their balance in full, on time, and pays no annual/monthly fees for their card - which obviously does not happen in the real world. No wonder companies try so hard to encourage you to use your card all the time! For card companies to make real money they need you to use your credit card. As discussed above, the more often you use the card the better (for them), and there can be a built-in preference for small repeated transactions. But no matter what the size of transaction, they can't make the big bucks if you don't use the card at all! Selling your personal information isn't as profitable if they don't have in-depth info on you to sell, either. So how do they get you to make that plastic sing? Gas and groceries are a habit. Most people buy one or the other at least once a weak, and a very large number of us make such purchases multiple times a week. Some people even make such purchases multiple times a day! So how do people pay for such transactions? The goal of the card companies is to have you use their product to pay as much as possible. If you pay for something regularly you'll keep that card in your wallet with you, rather than it getting lost in a drawer at home. So the card companies want you to use your card as a matter of habit, too. If you use a card to buy for gas and groceries, why wouldn't you use it for other things too? Lunch, dinner, buying online? If the card company pays out more and makes less for large, less-regular purchases, then the ideal for them is to have you use the card for small regular purchase and yet still have you use the card for larger infrequent purchases even if you get reduced/no rewards. What better way to achieve all these goals than to offer special rewards on gas and groceries? And because it's not a one-time purchase, you aren't so likely to game the system; no getting that special 5% cash-back card, booking your once-per-decade dream vacation, then paying it off and cancelling it soon after - which would actually make the card company lose money on the deal. In the end, credit card companies as a whole have a business model that almost universally prefers customers who use their products regularly and preferably for small amounts a maximum number of times. They want to reduce their expenses (like rewards paid out) while maximizing their revenue. They haven't figured out a better way to do all of this so well as to encourage people to use their cards for gas and groceries - everything else seems like a losing proposition in comparison. The only time this preference differs is when they can avoid paying some or all of the cost of rewards, such as when the merchants themselves honor the rewards in exchange for reduced or zero payment from the card companies. So if you use an airline card that seems to give you 10% back in airline rewards? Well, that's probably a great deal for the card company if the airline provides that reward at their own expense to try to boost business. The card company keeps the transaction-related fees and pays out almost nothing in rewards - the perfect offer (for them)! And this assumes no shenanigans like black-out periods, ""not valid with any other offers"" rewards like on cars where only a fool pays full MSRP (and sometimes the rewards are tagged in this sort of way, like not valid on sale/clearance items, etc), expiring rewards, the fact that they know not everyone uses their rewards, annual fees that are greater than the rewards you'll actually be obtaining after accounting for all the other issues, etc. And credit card industries are known for their shenanigans!"


"So true. I can't even remember how many times I've heard ""I was making x amount before the dotcom bubble burst."" When the crash happened I was barely aware of it because I know what the fuck I'm doing. edit- damn auto correct liked sitcom instead of dotcom"


"My answer is similar to Ben Miller's, but let me make some slightly different points: There is one excellent reason to get a consolidation loan: You can often get a lower interest rate. If you are presently paying 19% on a credit card and you can roll that into a personal loan at 13.89%, you'll be saving over 5%, which can add up. I would definitely not consolidate a loan at 12.99% into a loan at 13.89%. Then you're just adding 1% to your interest rate. What's the benefit in this? Another good reasons for a consolidation loan is psychological. A consolidation loan with fixed payments forces you to pay that amount every month. You say you have trouble with credit cards. It's very easy to say to yourself, ""Oh, just this month I'm going to pay just the minimum so I can use my cash for this other Very Important Thing that I need to buy."" And then next month you find something else that you just absolutely have to buy. And again the next month, and the next, and your determination to seriously pay down your debt keeps getting pushed off. If you have a fixed monthly payment, you can't. You're committed. Also, if you have many credit cards, juggling payments on all of them can get complex and confusing. It's easy to lose track of how much you owe and to budget for payments. At worst, when there are many bills to pay you may forget one. (Personally I now have 3 bank cards, an airline card, and 2 store cards, and managing them is getting out of hand. I have good reasons for having so many cards: the airline card and the store cards give me special discounts. But it's confusing to keep track of.) As to adding $3,000 to the consolidation loan: Very, very bad idea. You are basically saying, ""I have to start seriously paying down my debt ... tomorrow. Today I need a some extra cash so I'm going to borrow just a little bit more, but I'm going to get started paying it off next month."" This is a trap, and the sort of trap that leads people into spiraling debt. Start paying off debt NOW, not at some vague time in the future that never seems to come."


Automation has been going on in asset managers and large finance firms since the 90's. There have been no major breakthroughs in the last couple of years. If you look at the technology most firms use, it is based on late 90's early 2000's tech.


>Tax benefit of debt The interest on repayments for debt (eg bonds, loans) is tax deductible (as interest expense). The way you figure out the after tax cost of debt is repayment*(1-tax rate). >Marginal tax benefit Just as marginal benefit, this is asking for every ADDITIONAL (ie marginal) dollar of debt, what is my additional tax benefit (tax deduction). Pretty rough explanation, let me know if there is something in particular that doesn't make sense.


"The Case-Schiller macro derivatives market has seen very minimal activity. For example, in the three regional markets of San Diego (SDG), Boston (BOS) and Los Angeles (LAX) on 28 November 2011, there was zero trading volume, no trades settled, no open interest. * Source: CME Futures and options activity[PDF] for all 20 regional indices. Why haven't these real-estate futures caught on with investors? Keep in mind that the CME introduced these indices, with support from Professor Shiller and partner Standard & Poor's several years ago. The CME seems committed to wait this out, as they have shown no indication of dropping the Case-Shiller indices. There are alternative real-estate investment securities to the Case-Shiller indices. I don't think the market of investors is so small that Case-Shiller has been, in effect, ""crowded out"" by them. I think it is more likely a matter of known quantities. Also, I don't know how well these alternatives are doing! Additional reference: CME spec's for Case-Shiller index futures and options contracts."


Well your gripe is using historic data to estimate VAR. That is separate topic. Either way however something that happens twice a century cant be considered an outlier and if you choose to use historic data then such things need to be included.


it would help the economy tremendously. even better, the US govt should give households massive amounts of money, to pay off debts. and if they dont have debts they should go spend that money in the economy. That type of economic stimulous would generate more revenue and taxes for govt to help pay off the US govt debt it accrues by printing money.


Hired to travel out of town with a legal team. Lawyer showed me that if you go to the gate, show them that you paid full price for your ticket last minute (NY -> Chicago over $1000) and ask nicely they will upgrade you to first if there is any room.


"I'm a big fan of modern nuclear, but I'm happy to see obsolete PWR projects die. The thing to keep in mind is that today's commercial nuclear technology is using the old razor/blade business model. The ""blades"" they sell are pre-cast fuel rods, which are exactly the thing which causes the nuclear waste issue. Better reactor designs don't work that way - which should make them cheaper to run but require a new business model to get them built."


">Why not personal responsibility? The advocates for a ""libertarian paradise"" always seem to skip the point that offloading safety from regulatory agencies onto individuals and companies results in more deaths and injuries. There are plenty of examples of private industry *not* implementing proper safety controls. I mean if you really think things are better this way, be honest that you think more people should die if it means companies can operate more efficiently."


There are many reasons for buying stock for dividends. You are right in the sense that in theory a stock's price will go down in value by the amount of the dividend. As the amount of dividend was adding to the value of the company, but now has been paid out to shareholder, so now the company is worth less by the value of the dividend. However, in real life this may or may not happen. Sometimes the price will drop by less than the value of the dividend. Sometimes the price will drop by more than the dividend. And other times the price will go up even though the stock has gone ex-dividend. We can say that if the price has dropped by exactly the amount of the dividend then there has been no change in the stockholders value, if the price has dropped by more than the value of the dividend then there has been a drop to the stockholder's value, and if the price has gone up or dropped by less than the value of the dividend then there has been a increase to the stockholder's value. Benefits of Buying Stocks with Good Dividends: What you shouldn't do however, is buy stocks solely due to the dividend. Be aware that if a company starts reducing its dividends, it could be an early warning sign that the company may be heading into financial troubles. That is why holding a stock that is dropping in price purely for its dividend can be a very dangerous practice.


While I don't disagree with the other answers as far as CD laddering goes (at least in principle), three months CDs are currently getting much lower rates than money market accounts, at least according to http://www.bankrate.com. A savings account is also more liquid than CDs. Bonds are another option, and they can generally be liquidated quickly on the secondary market. However, they can go down in value if interest rates rise (actually this is true of CDs as well--there is a secondary market, though I believe only for brokerage CDs?). Bottom line, A high yield savings account is likely your best best. As others noted, you should think of your emergency fund as savings, not investment.


"If one looks at the ""Guide to Information Returns"" in the Form 1099 General Instructions (the instructions that the IRS provides to companies on how to fill out 1099 and other forms), it says that the 1099-B is due to recipient by February 15, with a footnote that says ""The due date is March 15 for reporting by trustees and middlemen of WHFITs."" I doubt that exception applies, though it may. There's also a section in the instructions on ""Extension of time to furnish statements to recipients"" which says that a company can apply to the IRS to get an extension to this deadline if needed. I'm guessing that if you were told that there were ""complications"" that they may have applied for and been given this extension, though that's just a guess. While you could try calling the IRS if you want (and in fact, their web site does suggest calling them if you don't receive a W-2 or 1099-R by the end of February), my honest opinion is that they won't do much until mid-March anyway. Unfortunately, you're probably out of luck being able to file as early as you want to."


The assertion that Bolivians' palettes are somehow more sophisticated than dumb Americans' is silly. I don't think anybody actually thinks McDonalds makes good food. It's quick, cheap, and something associated with America, which despite what a lot of people seem to believe, is not a hated evil empire. Local franchises are also a simple and relatively inexpensive method for entrepreneurs to earn a decent wage and foster economic growth in otherwise under-performing sectors. McDonalds might have priced themselves out of the market in this case. Or maybe fast food just isn't part of the local culture. I've lived places where people thought the concept of going to a take out place and picking up food was just crazy weird. You either sit down for a big fancy meal at a restaurant or whip something up at home. What is this go out and pay for something substandard but quick? That model works well in the US where it seems people are always on the go in different directions and might not have time to cook. McDonalds seems to be good enough for our culture on the go and for a lot of countries around the world. Personally, I just don't like it, but I will eat a Wendy's triple with bacon once in a while.


"This is not a mistake. This is done for ""Out of Network"" providers, and mainly when the patient is an Anthem member, be it Blue Shield or Blue Cross. Even though an ""Assignment of Benefits"" is completed by the patient, and all fields on the claim from (CMS1500 or UB04) are completed assigning the benefits to the provider, Anthem has placed in their policy that the Assignment of Benefits the patient signs is null and void. No other carrier that I have come across conducts business in this manner. Is it smart? Absolutely not! They have now consumed their member's time in trying to figure out which provider the check is actually for, the member now is responsible for forwarding the payment, or the patient spends the check thinking Anthem made a mistake on their monthly premium at some point (odds are slim) and is now in debt thousands of dollars because they don't check with Anthem. It creates a huge mess for providers, not only have we chased Anthem for payment, but now we have to chase the patient and 50% of the time, never see the payment in our office. It creates more phone calls to Anthem, but what do they care, they are paying pennies on the dollar for their representatives in the Philippines to read from a script. Anthem is the second largest insurance carrier in the US. Their profit was over 800 million dollars within 3 months. The way they see it, we issued payment, so stop calling us. It's amazing how they can accept a CMS1500, but not follow the guidelines associated with it. Your best bet, and what we suggest to patients, either deposit the check and write your a personal check or endorse and forward. I personally would deposit the check and write a personal check for tracking purposes; however, keep in mind that in the future, you may depend on your bank statements for proof of income (e.g. Social Security) and imagine the work having to explain, and prove, a $20,000 deposit and withdraw within the same month."


">Defenders of the Kansas experiment say that the state’s budget woes came from lawmakers’ unwillingness to impose spending cuts alongside the tax cuts, and that it was never realistic to expect the tax cuts to produce enough growth to pay for themselves."" Well, then what was the fucking point? Oh yeah, to screw over everyone who isn't rich."


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"The stock market may not grow ""forever"". There will be growth in the stock market, though. The stock market is a positive-sum game, since it is driven in large part by the profits earned by the companies. This doesn't mean that any individual stock will go up forever, it doesn't mean that any given index will go up forever, and it doesn't mean there won't be periods when the market as a whole drops. But it is reasonable to expect that long-term investing in the market as a whole will continue to return profits that reflect the success of companies invested in. Historically, that return has averaged about 8%; future results may be different and exact results will depend on exactly when and how you invest. Re ""what about Japan, which has been flat over 30 years"": Market being flat doesn't mean individual companies may not be growing strongly. Picking stocks may become more important, and we might need to relearn to focus on dividends rather than being so monomaniacal about growth (dividends are not reflected in the indices, please note), but there will be money to be made. How much, and how much effort is required to get it, and whether the market offers the best available bets, deponent sayeth not. Past results are no guarantee of future returns, and your results may be better or worse than average. You should be diversified into bonds and such anyway, rather than only in the stock market."


You're aware there's no such thing as a cheap house in Jersey right? Rental values are listed in price per DAY to make them look less scary. Also, no, you couldn't. You pay tax in the country you are resident in and the States don't equate property ownership to residency; neither does HMRC. Interesting side note, in Jersey's neighbour Guernsey you can own a house but not legally be allowed to live in it due to the dual property market.


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>Salary divided by hours worked (or even effort for that matter) ignores economies of scale. No, not at all. Let's go back to Economics101. When more units of a good or a service can be produced on a larger scale, yet with (on average) less variable input costs, economies of scale are said to be achieved. The good produced in our comparison is salary. The variable input costs are hours worked. The fixed costs are an annual time period, ie, it takes them both one year to produce their annual salary output regardless. We have two guys, one is making 100k annually working 5 hours a week. The other makes 500k working 80 hours per week. They both have a the same fixed costs of time period of a year. If we plot them both on a graph, you're correct, the 500k salary output is a larger output, but at much greater variable costs. Efficiency is lost by the guy working 80 hour weeks. The guy getting 100k for 5 hour weeks is optimizing his variable costs much more effectively. Sure, he could make more, but would suffer diminishing returns on his output. Dude above claims that you're not successful unless you make 500k. I was just illustrating that success can be defined outside of straight compensation.


Prime preys on people's sunk costs fallacy. I would never buy it either. Either way, in the last 6 or 7 shipments I got from Amazon I've had problems with 4 of them. Problems like shoddy packaging and items arriving damaged, products not working as described, or breaking on first use or just items that are perpetually out of stock.


Use international transfer (I think it is called swift or something like that). The charges are generally low (fixed charge of around 15 Euros for both sending/receiving banks) and it is generally fast (takes 1-3 working days depending on the country or bank). Choose each bank pays its own costs for the optimal cost otherwise you pay more costs as the whole cost is taken beforehand. There are no capital restrictions in Turkey (yet!). So there shouldn't be any problems. You could also use HSBC in Turkey, which should have free transfers between HSBC in different countries, if you have HSBC in your home country. But I wouldn't worry about that too much. This is all coming from personal experiences. I'm a Turkish expat having lived in various countries around Europe.


"Doesn't ""no rebalancing"" mean ""start with a portfolio and let it fly?"" Seems like incorporation of rebalancing is more sophisticated than not. Just ""buy"" your portfolio at the start and see where it ends up with no buying/selling, as compared with where it ends up if you do rebalance. Or is it not that simple?"


Loans are not taxable events. The equity you took out is not income. It's a loan, and you pay it back with interest. You pay taxes on the capital gain of the home when you sell it. The tax does not take into account any mortgages, HELOCs, or other loans secured by the house. Instead the tax is calculated based on the price you sold it for, minus the price you bought it for, which is known as the capital gain. You can exclude $250k of that gain for a single person, $500k for a married couple. (There are a few other wrikles as well.) That would be true regardless of the loan balance at the time.


You're right on the average person I guess. My city is full of mom and pop shops. They sell with online stores as well. A lot of American and German made items. They costs more, but are better quality. Quality over quantity. There is no Walmart around here.


damn straight, dat's wut im talking about. everybody should be allowed to go to college or a trade school. for free too at that. it also means people can go at a later date in their age if they chose to as well. heck, one should be able to get as many degrees as they want for free.


> but if the Bitcoin is deemed currency I struggle to see how Bitcoin specifically links to > helps fund terrorist organizations You know cash is used (Like seriously its the mobs favorite form of payment) in the same way and Bitcoin at least has the feature of being traceable right?


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"It's ""projected"" to go up, until the underwriting banks decide enough time has passed for them to stop pretending they believe in their unrealistically optimistic scenario and start slashing target price estimates by 40%. So a few weeks..."


Yeah, so both of those are not true. Cutting funding for these things drastically alters their ability to provide services, and the Department of Energy, Department of Education, the EPA -- they all provide urgently needed services. Its not just budget cuts either. Changing policy to reduce efficacy, purposefully understaffing, eliminating the scientists ability to convey findings to the public. It's gotten noticeably harder to access govt data since this administration started dismantling these orgs.


I wanted to know how safe is such investment with online banks vis-a-vis regular banks? As far as I know, neither money market accounts nor savings accounts have any investment risk (within reason) since both are insured by the FDIC. Note that this is not necessarily the case with money market funds. is their any downside to such investments? Yes, there are a few. I believe the two biggest ones are:


Can we wire transfer money from my NRE account to USA checking account? Yes you can Is there any restrictions for transferring money? Nothing in India Hopefully someone else will answer the US side of questions.


Even if you can pull this off (I think it is possible with creativity) it is likely not worth it. The number of ways this can come crashing down is high and the benefits are marginal at best. The opportunity cost of carrying this out is likely higher than the saved interest from just carrying the $500 balance. Do this with too much money and you can find yourself in real trouble if one card gets cancelled (late fees, penalties, and no way to make repayment). Basically this is theoretically possible but not worth it. Just work an extra hour each month and pay the interest. Or, if you don't have a job, just pay the interest and spend the time you save to look for a job.


This is why I am amazed that people are saying this time the market is different; it will only correct itself; we won't see another crash like '08. When in reality, all of the data is pointing to a bubble that is about to burst worst than '08.


Have a look at swift codes website, but on wikipedia, there seems to be some variation in the interpretation of the standard. Broadly, it should be that a swift code refers to a particular branch, but it is possible that there is a cost associated with running a swift code, so some banks may prefer to share swift codes across branches. You should check and confirm.


"I am strongly skeptical of this. In fact, after reading your question, I did the following: I wrote a little program in python that ""simulates"" a stock by flipping a coin. Each time the coin comes up heads, the stock's value grows by 1. Each time the coin comes up tails, the stock's value drops by 1. I then group, say, 50 of these steps into a ""day"", and for each day I look at opening, closing, maximum and minimum. This is then graphed in a candlestick chart. Funny enough, those things look exactly like the charts analysts look at. Here are a few examples: If you want to be a troll, show these to a technical analyst and ask them which of these stocks you should sell short and which of them you should buy. You can try this at home, I posted the code here and it only needs Python with a few extra packages (Numpy and Pylab, should both be in the SciPy package). In reply to a comment from JoeTaxpayer, let me add some more theory to this. My code actually performs a one-dimensional random walk. Now Joe in the comments says that an infinite number of flips should approach the zero line, but that is not exactly correct. In fact, there is a high chance to end up far from the zero line, because the expected distance from the start for a random walk with N steps is sqrt(N). What does indeed approach the zero line is if you took a bunch of these random walks and then performed the average over those. There is, however, one important aspect in which this random walk differs from the stock market: The random walk can go down as far as it likes, whereas a stock has a bottom below which it cannot fall. Reaching this bottom means the company is bankrupt and gets removed from the market. This means that the total stock market, which we might interpret as a sum of random walks, does indeed have a bias towards upwards movement, since I'm only averaging over those random walks that don't go below a certain threshold. But you can really only benefit from this effect by being broadly diversified."


It is necessary to find all about addmefast bot prior to using it. At the same time, it will be useful to know about Google’s algorithm and what is necessary to get the site to the top of the search engine rankings. Generally, Google does not like those sites using bots for promoting its search rankings.


"First, point: The CRA wants you to start a business with a ""Reasonable expectation of profit"". They typically expect to see a profit within 5 years, so you may be inviting unwanted questions from future auditors by using a breakeven strategy. Second point: If the goal is to pay as little tax as possible, you may want to consider having the corporation pay you as little as possible. Corporate income taxes are much lower than personal income taxes, according to these two CRA links: How it works is that your company pays you little as an outright salary and offers you perks like a leased company car, expense account for lunch and entertainment, a mobile phone, computer, etc. The company owns all of this stuff and lets you use it as part of the job. The company pays for all this stuff with corporate pre-tax dollars as opposed to you paying for it with personal after-tax dollars. There are specifics on meals & entertainment which modify this slightly (you can claim 50%) but you get the idea. The actual rate difference will depend on your province of residence and your corporate income level. There is also a requirement for ""Reasonable Expenses"", such that the expenses have to be in line with what you are doing. If you need to travel to a conference each year, that would be a reasonable expense. Adding your family and making it a vacation for everyone would not. You can claim such expenses as a sole proprietor or a corporation. The sole-proprietorship option puts any after-expense profits into your pocket as taxable income, where the corporate structure allows the corporation to hold funds and limit the amount paid out to you. I've seen this strategy successfully done first-hand, but have not done it myself. I am not a lawyer or accountant, consult these professionals about this tax strategy before taking any action."


I don't hate your point, but driver chattiness has nothing to do with Uber vs Lyft. I've taken lots of both and many drivers do both as well. I've never been compelled to sit in the front in a Lyft and tip has always been an option with Lyft. No obligation if you don't want to.


To be fair, part of the $5 goes to Paypal whether you sign up with them or not. I bought the special and certainly have no regrets. But I do hope Louie uses a competitor of theirs like WePay next time.


"They didn't seem to have a problem with it before... ...but hey, maybe the position of the loan officer is back. Most of Americans, due to their migration down the wealth continuum, are unlendable. Credit cards and payday loans for everyone! (the modern equivalent of ""let them eat cake"") I'm waiting for the first company specializing in debt consolidation for the unbanked and undocumented to go public. (One day Americans are going to wake up and ask ""How did we become wet backs in our own country?"")"


> Lego's durability is curbing sales. Their durability is a side effect of their requirement for tight tolerances, which is needed so that a stack of 100+ bricks doesn't perceptibly lean off-kilter. If they let up on the durability, they lose the tight tolerances, and then the cheaper knock-offs that are already sitting at the looser tolerances will be recognized by consumers as just as good, and squeeze them out from many markets. /u/fruit-based is correct: 5 years of double-digit growth is crazy for a core sales proposition that has been around for literally decades. It's a good run, it's not the end of the world to acknowledge that trend stops. Time to take a breather, retrench, and use the time to figure out how to penetrate new markets in less developed nations in Africa, for example. Not to explicitly seek to return to the double-digit growth, but solidly serve the existing customer base while steadily growing new bases. If they build an automatic brick sorter and storage robot, with voice-recognition and a tie-in to a [Bricklink](https://www.bricklink.com/)-like directory to retrieve/buy requested-described bricks, then I'll grant you that they'll return to double-digit growth again, as an buying frenzy of parents go out to buy the robots and keep adding to the storage system bins so their feet will thank them later. :-)


If the items you sold are items you previously bought for a higher price, the money you get selling them is not income, as you are taking a loss. However, you cannot deduct such losses. If you sell anything for more than what you paid for, the difference is a gain and is taxable. See this IRS web site for the explanation: https://www.irs.gov/businesses/small-businesses-self-employed/tax-tips-for-online-auction-sellers


"Will the bank be taxed on the $x received through selling the collateral? Why do you care? They will, of course, although their basis will be different. It is of no concern for you. What is your concern is that the write-off of the loan is taxed as ordinary income (as opposed to capital gains when you sell the stocks) for you. So when the bank seizes the stocks, they will also report to the IRS that they gave you the amount of money that you owed them (which they will ""give you"" and then put it on the account of the loan). So you get taxed on that amount as income. In addition, you will be taxed on the gains on the stocks, as giving them to the bank is considered a sale. So you may actually find yourself in a situation where you'd be paying taxes twice, once capital gains, and once as ordinary income, on the same money. I would strongly advise against this. If it is a real situation and not a hypothetical question - get a professional tax advice. I'm not a professional, talk to a CPA/EA licensed in your state."


These boxes are prepared in such a way that you cannot fold them like carton box. They are used mostly for packaging the high-quality and heavy products where perceived value is important. An example of rigid box is an Iphone.


"70k is doable, but to get that right out of school you will need experience at a real company. The investment club sounds cool, but it doesn't carry as much weight. Companies need to be able to call someone you worked for and verify that you are a worthy employee. Also, your club won't count towards ""experience"" - which is required nowadays for an entry level position. Get an internship, ASAP and put that ahead of everything including grades. source: '15 grad"


I agree with you, but to play devils advocate--I am a big fan of self-improvement goals, and I've noticed when I make goals with friends, I am more likely to stick with them and surpass them. And we can even take it a step further where we want to beat everyone else subconsciously and prove we are superior. This is the same.


"> This emphasis on time drops away completely under Results Only Work Environment (ROWE) arrangements, but that leads directly to legal issues because we treat time as sacred no mater how much is spent at the desk or water cooler. Well no. The problem is that we treat time asymmetrically. Time under 40 hours is treated as ""rightfully"" the employer's time, and more work should be piled on to reach 40 hours. Time over 40 hours is treated as negotiable and subject to necessity and desire. A *real* ROWE fully allows for negotiating in the direction of working 20-30 hours/week."


It would essentially make goods from other countries more cheaper than goods from US. And it would make imports from these countries to China more expensive. The below illustration is just with 2 major currencies and is more illustrative to show the effect. It does not actually mean the goods from these countries would be cheaper. 1 GBP = 1.60 USD 1 EUR = 1.40 USD 1 CNY = 0.15 USD Lets say the above are the rates for GBP, EUR, CNY. The cost of a particular goods (assume Pencils) in international market is 2 USD. This means for the cost of manufacturing this should be less than GBP 1.25 in UK, less than 1.43 in Euro Countires, less than 13.33 CNY in China. Only then export would make sense. If the real cost of manufacturing is say 1.4 GBP in UK, 1.5 EUR in Euro countires, clearly they cannot compete and would loose. Now lets say the USD has appreciated by 20% against other currencies. The CNY is at same rate. 1 GBP = 1.28 USD 1 EUR = 1.12 USD 1 CNY = 0.15 USD Now at this rate the cost of manufacturing should be less than GBP 1.56 GBP, less than 1.78 EUR in Euro Countires. In effect this is more than the cost of manufacturing. So in effect the goods from other countires have become cheaper/compatative and goods from China have become expensive. Similarly the imports from these countires to China would be more expensive.


The key there is Large companies. The vast majority of companies in the US are small businesses with little or no international presence, and are taxed at the full 35%. Their very large competitors, however, have the ability to flout US corporate taxes, and therefore keep more of their profits - whether in terms of retained earnings or higher dividends to shareholders.


If they don't have chiefs they have elders, and regardless, you don't see them building rocket ships and shooting themselves off into space either, even though they've had a much longer period of time to make such an achievement than western civilization has.


As opposed to the conservative tactic to remove all social safety nets (under the guise of balancing the budget) at a time when people actually need them the most? The world is a complex place. There's no perfect party line solution. We need a little of this and a little of that.


">The contrary of course, is a socialist ""utopia""; a world of everyone being dependent on the government to provide them their basic income. This is not socialism. But it is a straw man that is typical of the modern libertarian mindset. >Instead, we would live in a world of infinite entrepreneurship, in which the means of production are nearly free for anyone, and people prosper by their ambition and drive. This is actual socialism, you understand that, right? Did you forget to read the part of socialism that defines it as workers controlling the means of production? >The amount of resources available to all would be incredible, and people would be free to do things they actually want to do. Ya, and this is also exactly socialism's end goal."


Okay, I went through a similar situation when my mother died in March of this year. The estate still needs to go into probate. Especially if there was a will. And when you do this, your husband will be named as the executor. Then what he will need to do is produce both of their death certificates to the bank, have the account closed, and open an estate account with both of their names on it. Their debts & anything like this should be paid from this account as well. Then what you can do is endorse the check as the executor and deposit it into this account. After all debts are paid, the money can be disbursed to the beneficiaries (your husband). Basically, as long as they didn't have any huge debts to pay, he will see the money again. It just may be a couple of months. And you will have to pay some filing fees.


I still cannot food shop online, for everything else it's fine but for some reasons when it comes to food I just need to be able to wander around looking at the produce on offer and thinking about various dishes that could be made. If someone can make an online browsing experience which isn't centered around you searching for things you want, that would make a huge difference.


"Well, you might want to remember that their ""enormous customer base"" is likely mostly made up of fake accounts. Also, if people are stupid enough to hand Facebook all of their personal info, and then attach payment information on top of it, allowing Facebook to definitely say that the user who said they just had an abortion is definitely Sarah Conner because they have a verified credit card on file... Well, that's going to backlash pretty heavily when loans and jobs start hinging on your Facebook profile, which they already do in some cases. That's basically the wet dream of social media and it's why Google+ tried to force ID verification of accounts. Currently they have all this data but can't definitely say it connects to a specific person."


That is completely wrong. Governments care about this, because the economy, their power, is built on growth. If all your citizen can do is work, watch TV and sleep then they are not spending money, the economy is not growing, and the governments power is not growing. QE stopped a deflationary death spiral by plugging a hole in the banks in financial institutions, unfortunately it did not change the underlying reasons the US economy was on the verge of that deflationary death spiral.


"The reason is that although the American economy is functioning normally, mortgage rates are stupid-low, and are below a prudent expectation of long-term (30 year) rates of return in the market. I manage endowments, so I say ""prudent"" in the context of endowment investment, which is the picture of caution and subject to UPMIFA law (the P being prudent). What's more, there are tax benefits. Yes, you pay 15% long-term capital gains tax on investment income. But your mortgage interest is tax deductible at your ""tax bracket"" rate of 25, 28 or 33% - this being the tax you would pay on your next dollar of earned income. And in the early years of a mortgage, mortgage payments are nearly 100% interest. So even if it's a wash: you gain $10k in the market but pay $10k in mortgage interest -- you pay $1500 tax on the gains, but the interest deduction redudes tax by $2800. So you are still $1300 ahead. TLDR: the government pays us to do this."


you are in a fear that whether you would be able to sell your house at a good price or not then GharveyBuysHouses has the right solutions for you.The process is very simple. Only you have to fill little details as mentioned on the website


It possibly could have made sense historically when interest rates were higher. In the UK, you used to get negligible (if any) interest on a current (checking) account, but could get modest interest from a savings account, so transferring the bulk of your salary to a savings account and paying from there (or transferring back to the current account when needed) could make some sense (but even then was probably not worth the effort). Nowadays (at least in the UK), most (easy access) savings accounts pay very little interest, but there are current accounts (example list here from comparison site) that pay more interest provided you go through several hoops. Typically you have to pay your salary (or a minimum number of £000s per month) into the account, and have a minimum number of direct debits going out. Some have fees, some only last for a year.


"Discounting premiums based on some past history is not unique to auto policies. Other insurers will discount premiums based on past claims history they just don't shout about it as a marketing means to attract customers. Life insurance is underwritten based on your health history; if you want to consider your ""preferred"" underwriting status based on your clear health history a ""discount based on your healthy habits"" you're free to do so. All sorts of lines of insurance use all sorts of things to determine an underwriting classes. The fact that auto insurers trumpet specific discounts does not mean the same net effect is not available on other lines of coverage. Most states require auto rates and discounts to be filed and approved with some state regulator, some regulatory bodies even require that certain discounts exist. You could likely negotiate with your business insurance underwriters about a better rate and if the underwriters saw fit they could give you a discount. Auto insurers can offer discounts but are generally beholden to whatever rate sheet is on file with the applicable regulatory body. For the person who downvoted, here's a link to a spreadsheet outlining one of the CA department of insurance allowable rating factor sheets related to auto insurance."


I don't see that this system is very effective at rewarding productivity, which (particularly in software) is an inherently difficult thing to judge. That's why we've traditionally relied on human managers to make judgments between personnel in regards to compensation. But yeah, you bet I'm selfish. If I can get paid more than someone else for doing the same job, I'm going to do it. And I'd prefer to work somewhere that allows me to do that.


We try to offer a personalized service with a committed and qualified work team. We carry out our work with love, honesty and responsibility based on ethical and moral principles. Medical devices are essential for safe and effective prevention, diagnosis, treatment and rehabilitation of diseases and conditions. Our commitment is and has been to serve our customers by offering products of the highest technology that facilitate the work of doctors and help a prompt recovery of the patient.


It depends on where you live and what your situation is. If you're a born and bred New Yorker who thinks that White Plains, NY is a stop on the way to Canada, than you're ok. If you're a single person living in downtown Boston, you may want to err on the side of spending less. You may find yourself in a situation in a few short years where you significant other has a job in the suburbs and the prospect of sending your child to a city school is not appealing.


"Oftentimes, the lender (the owner of the security) is not explicitly involved in the lending transaction. Let's say the broker is holding a long-term position of 1MM shares from Client A. It is common for Client A's agreement with Broker A to include a clause that allows the broker to lend out the 1MM shares for its own profit (""rehypothecation""). Client A may be compensated for this in some form (e.g. baked into their financing rates), but they do not receive any compensation that is directly tied to lending activities. You also have securities lending agents that lend securities for an explicit fee. For example, the borrower's broker may not have sufficient inventory, in which case they would need to find a third-party lending agent. This happens both on-demand as well as for a fixed-terms (typically a large basket of securities). SLB (securities lending and borrowing) is a business in its own right. I'm not sure I follow your follow-up question but oftentimes there is no restriction that prevents the broker from lending out shares ""for a very short time"". Unless there is a transaction-based fee though, the number of times you lend shares does not affect ""pocketing the interest"" since interest accrues as a function of time."


"This seems to be a very emotional thing for people and there are a lot of conflicting answers. I agree with JoeTaxpayer in general but I think it's worth coming at it from a slightly different angle. You are in Canada and you don't get to deduct anything for your mortgage interest like in the US, so that simplifies things a bit. The next thing to consider is that in an amortized mortgage, the later payments include increasingly more principal. This matters because the extra payments you make earlier in the loan have much more impact on reducing your interest than those made at the end of the loan. Why does that matter? Let's say for example, your loan was for $100K and you will end up getting $150K for the sale after all the transaction costs. Consider two scenarios: If you do the math, you'll see that the total is the same in both scenarios. Nominally, $50K of equity is worth the same as $50K in the bank. ""But wait!"" you protest, ""what about the interest on the loan?"" For sure, you likely won't get 2.89% on money in a bank account in this environment. But there's a big difference between money in the bank and equity in your house: you can't withdraw part of your equity. You either have to sell the house (which takes time) or you have to take out a loan against your equity which is likely going to be more expensive than your current loan. This is the basic reasoning behind the advice to have a certain period of time covered. 4 months isn't terrible but you could have more of a cushion. Consider things like upcoming maintenance or improvements on the house. Are you going to need a new roof before you move? New driveway or landscape improvements? Having enough cash to make a down-payment on your next home can be a huge advantage because you can make a non-contingent offer which will often be accepted at a lower value than a contingent offer. By putting this money into your home equity, you essentially make it inaccessible and there's an opportunity cost to that. You will also earn exact 0% on that equity. The only benefit you get is to reduce a loan which is charging you a tiny rate that you are unlikely to get again any time soon. I would take that extra cash and build more cushion. I would also put as much money into any tax sheltered investments as you can. You should expect to earn more than 2.89% on your long-term investments. You really aren't in debt as far as the house goes as long as you are not underwater on the loan: the net value of that asset is positive on your balance sheet. Yes you need to keep making payments but a big account balance covers that. In fact if you hit on hard times and you've put all your extra cash into equity, you might ironically not being able to make your payments and lose the home. One thing I just realized is that since you are in Canada, you probably don't have a fixed-rate on your mortgage. A variable-rate loan does make the calculation different. If you are concerned that rates may spike significantly, I think you still want to increase your cushion but whether you want to increase long-term investments depends on your risk tolerance."


The bullshit out of your mouth is absolutely ridiculous. It's all about a higher risk from a drug addicted loser. Sure there's other shit, but the risk of injury and lawsuits goes way up and no business should deal with it. Drug users are less reliable too.


I'd start paying off the smallest balance first. Hopefully, that can get cleared in a few months. When that happens, close the account and try to get your bank loan again. Keep repeating this process until either you pay off all of the debt. After you've paid off one or two loans and put the negative marks of your credit history further into the past, you'll be able to make better progress.


"Yeah, so in other words, democracy is a sham because voters are stupid enough that the amount spent on a campaign actually can change voter opinion sufficient to sway elections. The alternative is to end political democracy and replace it with an entirely voluntary-funded democracy, where you vote with your money. This system already exists, the arch nemesis to politics, and its leaders are ""elected"" by their ability to provide customers with better value, leaders like Bill Gates, Sam Walton, Steve Jobs, Warren Buffet, Elon Musk (tesla), Sergey Brin and Larry Page (google), Jeff Bezos (amazon). In political democracy, everyone can be forced to fund the choices that only 25% of adults actually supported. Obama, for instance, won just 25% of adult votes. In most elections it's similar low % of actual support. In the economic democracy, you buy what you want and that doesn't hamper someone else's ability to buy what they want. Multiple service providers can exist together. All we need to do is privatize and distribute ownership of roads to property owners who have paid for them all of this time, privatize schools so kids learn actual skills that others will pay them for, private police and let each property owner establish their own rules to be enforced on their own property... let others then ostracize and avoid those with stupid rules. The move to a completely voluntary society is a worthwhile goal, though nothing can possibly end wealth inequality, since every time something new is invented the inventor becomes wealthy through voluntary trade, at no loss to others."


"One other thing to consider, particularly with Vanguard, is the total dollar amount available. Vanguard has ""Admiralty"" shares of funds which offer lower expense ratios, around 15-20% lower, but require a fairly large investment in each fund (often 10k) to earn the discounted rate. It is a tradeoff between slightly lower expense ratios and possibly a somewhat less diverse holding if you are relatively early in your savings and only have say 20-30k (which would mean 2 or 3 Admiralty share funds only)."


"I must point that without the IT - no-one in the bank generates any revenue. Not to mention the fraud prevention and informational security. To the best of my knowledge - IT in banks and financial institutoins are paid very well for their services, and they earn every penny of it. IT is not just online banking or computer support. IT is the whole underlying infrastructure of the modern banking. Investor without the proper links to the stock exchanges will go elsewhere, loans that cannot be evaluated fast enough (using of course the IT infrastructure) will be taken from someone else, CD's for which the interest is calculated manually will probably not be as attractive as the CD's managed by the computers at the bank next door, credit and debit transactions, ACH, direct deposit, etc - cannot be done without IT. So IT is not expense, IT is infrastructure (and that is ""operations"" in the budget books). Every function of the bank that generates revenue - relies and depends on it."


Caribbean Edibles infused full spectrum hemp oil into all of our organic fruit-flavored products totally masking all of the original Pina colada hemp oil taste. Making it a delightful addition to your daily supplement intake. Every drop reminds you of that amazing Caribbean trip took with your loved ones.


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


Precious metals also tend to do well during times of panic. You could invest in gold miners, a gold or silver ETF or in physical bullion itself.


All good points so far. To build on what's already been said, remember that the market is pricing in future earnings. If Facebook and Cisco were, for the sake of argument, the same book value and spitting out the same net income, the market could price Facebook much higher than Cisco's because the market believes FB can return more than Cisco can. The idea is that Facebook's competitive position relative to its competitors and is a much more stable and defensible position than Cisco's. You're right though, that the market could be overvaluing Facebook's future and being overly optimistic. How do you price the fact that most people around the world who are getting access to the internet for the very first time, are doing so only through Facebook? This probably partially explains its inflated market cap.


I contacted Virgin Money to ask if the prepaid card you mentioned offers a Swift/BIC code, and they gave me this response: We do not have a Swift or BIC number for the Virgin Prepaid Card. You are unable to transfer funds from the Prepaid Card to another bank but you can set up a bank transfer to the Prepaid Card. Once you receive your card you can log onto your online account and you will have a form you can print off. On the form you will have an account number, sort code and a unique reference number for your bank to set up the transfer. This may work for your purposes, or it may not. If you want more information about that specific card, your best bet is to contact them and ask any other specific questions you have. The same strategy should work for any prepaid card company. Just call or email them, describe your situation, and ask if their card will work.


>old investors SS is not an investment. It is a Tax. Learn the difference. Thus you pay for it with the [Federal Insurance Contributions Act tax (FICA)](http://en.wikipedia.org/wiki/Federal_Insurance_Contributions_Act_tax). It is *not* an investment, you do not have an account with your money, it has *always* been a pay as you go plan, just like medicare, funds for schools, and all the other programs. So you fail again on all counts. >And what part of the constitution says the US government should collect some of my wages and save it for me for later? Since it is a tax, Article I, Section 8, Clause 1 covers it pretty well. And the Supreme Court has held that the two mentions of promoting the general welfare also allow taxation for promoting the general welfare. You might want to learn about what the Constitution actually says and more importantly *how that is interpreted by law* instead of what you think it says. >You do know, some people have opted out of SS? Even the US government will not take the fight to court. The US government wrote the laws that specify exactly who can opt out. Most people *cannot* just opt out because they don't meet the criteria. Again you're wrong.


"Unless you have a good handle on what niches the startups of yesteryear were entering I think it is hard to get a handle on why there is a decline. Is this a decline in the number of restaurants being started or is this a decline in the number of internet startups. The reasons will depend on the character of the startups. One trend I think is pretty common is the decline of the local market. The internet and free shipping makes the internet the growth area for specialized commerce. So many commerce niches are threatened it would take a real optimist to consider a start-up in a niche that is essentially being the local distributor for something people can get more cheaply on-line. Then there is the idea that, ""local"" doesn't mean the same thing as it did even 30 years ago as people drive further to get the essentials at big box stores. A declining main street of a small town, or a declining mall in the suburbs isn't an attractive place to be an entrepreneur. On the other hand competing in the big box strip on the edge of town has its own challenge: people are shopping at 80km/hr and you need a huge storefront and/or a huge advertising budget even to get noticed. If the decline is in the number of restaurant startups, it might be that this is related to a decline in middleclass disposable income. If it is a decline in internet startups, perhaps it is just showing a maturing of the industry from a fast growth phase where all sorts of unfilled niches were open for the quick entrepreneur to a more mature market where the internet is consolidating with a few behemoths taking up all the oxygen."


YMMV, but I don't accept non-answers like that from HR. Sometimes you need to escalate. Usually when I get this sort of thing, I go to my boss and he asks them the question in writing and they give him a better answer. (HR in most companies seem to be far more willing to give information to managers than employees.) Once we both had to go to our VP to get HR to properly listen to and answer the question. Policies like this which may have negative consequences (your manager could lose a good employee over this depending on how to close to retirement you are and how much you need to continue making that larger contribution) that are challenged by senior managment have a better chance of being resolved than when non-managment employees bring up the issue. Of course I havea boss I know will stand up for me and that could make a difference in how you appraoch the problem.


"Perhaps, but you could make a similar case against many many things, like alcohol. Non drinkers would probably consider it completely net negative, but most casual drinkers positive. Which segment of society gets to make the ""moral"" decisions? If straight majority then you get potentially 49% unhappy people. I believe that if people truly had to pay for the consequences of their actions, they would make smarter decisions. Of course that means that people need access to accurate information."


* Bojack = awful * Mindhunter = good * Big mouth = ok * Beasts of no nation = can't comment * The Crown = massively over rated - seriously Lithgow as Churchill? Wow. * Kimmy = yep love it. * Stranger things = yep love it * Master of None = awful, huge waste of money * Peaky Blinders = awful * Bloodline = Great * Narcos = Great * Love = OK * Easy = terrible. You didn't mention Girl Boss (cancelled) Gypsy (cancelled) and all of the Adam Sandler garbage like Ridiculous 6... So yeah I stand by my call, it's 50/50 if they make a good show at the moment.


"Derivatives derive their value from underlying assets. This is expressed by the obligation of at least one counterparty to trade with the other counterparty in the future. These can take on as many combinations as one can dream up as it is a matter of contract. For futures, where two parties are obligated to trade at a specific price at a specific date in the future (one buyer, one seller), if you ""short"" a future, you have entered into a contract to sell the underlying at the time specified. If the price of the future moves against you (goes up), you will have to sell at a loss. The bigger the move, the greater the loss. You go ahead and pay this as well as a little extra to be sure that you satisfy what you owe due to the future. This satisfaction is called margin. If there weren't margin, people could take huge losses on their derivative bets, not pay, and disrupt the markets. Making sure that the money that will trade is already there makes the markets run smoothly. It's the same for shorting stocks where you borrow the stock, sell it, and wait. You have to leave the money with the broker as well as deposit a little extra to be sure you can make good if the market moves to a large degree against you."


well considering the Bang up job they are doing with all the trillions of dollars and troop surges and 16 years of war, I can only summarize that if the US military was not so committed, the Taliban would definitely invade us, otherwise what the fuck are we doing there?


Considering that North Korea fired a [missile OVER fucking Japan](https://www.nytimes.com/2017/08/28/world/asia/north-korea-missile.html?mcubz=3) One has to wonder what and why and where are the missile shields etc, because so far they only seem to intercept friendly test missiles, this would have been a real good opportunity to show that it works. But that heartening news aside he wants to hurt the South Koreans economically? Is PePe le Pew confused as to who our allies are, because it seems he is intentionally breaking off . .perhaps insulating the world against the comming US default?


">Annnnnnd if you think about it a lot of the red and blue section went into shoring up bank balance sheets. Why? I can't prove it yet but i suspect twas to support the derivatives market and keep it from collapsing. This is [my thought as well], in addition to the interest on excess reserves being used as a surreptitious means of ""recapitalizing"" the TBTF (which won't work, of course, as Dimon has demonstrated)."


Add accounting as a second major, you'll look extra good and will be able to get a good paying job straight out out of school. All of my friends who have been accountants (sample size of two) have gotten very high paying internships with BOA ($25-$35 an hour), with guaranteed well paying jobs straight out of school. I went to a decent school, not great or anything. I got into finance because of a family member. Finance and accounting are a great combo too, so it will increase your chances of breaking into finance. They often share a lot of courses, so it is not a difficult switch to make, and if you're going into your junior year it shouldn't add more than a year with a packed schedule; plus the classes are easy.


I was asked at an interview what type of car I drove and if I believe in man-made climate change... I know the Reddit hivemind likes to downvote anyone that promotes skepticism against the environmental crowd but I thought it was insulting, regardless of politics.


"we had a sears just go out of business. for the first week of their going out of business ""sale"" they actually *increased* some of their prices. wtf? the second week of their sale everything was supposed to be market down but was actually regular price. no wonder they are going out of business."


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Reddit has always had a thing for nuclear. There was a period of time when there were more reddit posts about thorium reactors than there are posts about Tesla Motors now... The main point that is ignored is that nuclear is more expensive than natural gas after considering the building cost. On an aside the post you made sort of proves his point. There *is* an arguably unwarranted weird stigma attached to supporting nuclear.


"Last week I dropped and shattered the screen on my Nexus 4. For a quick replacement I bought a brand new unlocked Moto E from amazon for $129. I forgot that Google bought Motorola, until my new phone came and had a screen protector that had ""Motorola, a Google company"" printed on it. The phone is damn nice for a budget model, as it's unlocked, doesn't have any carrier crapware preinstalled, and is running android 4.4 vanilla. It even has gorilla glass. What it's missing is a front facing camera, or a flash for the rear one. But one thing I like better than my nexus is that it has a micro SD card slot so I was able to add 32gb to the built in 4gb. Overall it's a really nice phone, and for only $129 compares to the $400 I paid for the nexus 4 a year and a half ago, I'm quite pleased with it."


In addition to other answers consider the following idea. That guy could have invented say one thousand formulas many years ago and been watching how they all perform then select the one that happened to be beat the market.


As mentioned in several other answers, the main reason for high rates is to maximize profit. However, here is another, smaller effect: The typical flow of getting money from an ATM: Suppose you have a minute to consider the offer, then in that time the currency may drop or rise (which you can see from an external source of information). Therefore this opens a window for abuse. For real major currencies these huge switches are rare, but they do happen. And when 1 or 2 minor currencies are involved these switches are more common. Just looking at a random pair for today (Botswana Pula to Haitian Gourde) I immediately spotted a moment where the exchange rate jumped by more than 2 %. This may not be the best example, but it shows why a large margin is desirable. Note that this argument only holds for when the customer knows in advance what the exchange rate would be, for cases where it is calculated afterwards I have not found any valid excuse for such large margins (except that it allows them to offer other services at a lower price because these transaction).


"Past work, while certainly an important component, is not a *necessary* component. As otherwiseyep stated before, it is credibility that is important. A farmer can promise a million bushels, and yes, it certainly could be fantasy; but his ""fantastical"" promise nevertheless has value if the other parties involved believes his promise. Actual production has little relevance when it comes to worth, at least until someone actually tries to collect on said promises. This would create problems in a small, closed world, where the breaking of a promise would have huge ramifications on the economy as a whole; but, in the real world, broken promises are countered by the their naturally occurring opposite: under-valued promises. The upset of this balance is, in fact, the essence of every financial crisis/boom. The vastness of the world economy means that money can never be truly representative of actual production. Regarding the complaints about the high cost of higher education; the complaints are that the price of a degree is not indicative of its true worth. The widespread availability of a college education is one of the main factors as to why people believe college educations are too expensive. If there was an actually perceived limited supply of seats at schools, as you suggest, then the general public would value the seats more, and maybe wouldn't complain about the costs as much."


I'd be interested in seeing a source regarding the transposing of signatures onto different documents. That's blatant criminal fraud without even falling into a grey area. About math, a study ran in the Economist showed that people who were bad at relatively basic math (understanding fractions, interest, percentages) were far more likely to have requested loans they could not afford.


If I sell a covered call, on stock I own 100%, there is no risk of a margin call. The stock goes to zero, I'm still not ask to send in more money. But, if bought on margin, margin rules apply. A naked put would require you to be able to buy the stock if put to you. As the price of the stock drops, you still need to be able to buy it at the put strike price. Mark to market is just an expression describing how your positions are considered each day.


It is my understanding that there are no penalties for withdrawals and you can withdraw as much as you want as often as you want, including more than once in the same calendar year. Of course, the money must be in cash in the TFSA, which may require you to sell something. That sale may have fees associated with it and possibly penalties for early withdrawal, etc. There is still huge confusion over this, because there are penalties for over-contributions in the calendar year. You contribution limit is still $5,500/year, regardless of how much you may have withdrawn in that same calendar year. So if you withdraw $10K in 2013, you can still only contribute $5,500 in 2013. In 2014, you can contribute $5,500, PLUS you can also contribute an additional $10K for the 2013 withdrawal of $10K. Think of it like 2 separate limits, one for current year, and one a running total of all past withdrawals.


"You don't state where you are, so any answers to this will by necessity be very general in nature. How many bank accounts should I have and what kinds You should have one transaction account and one savings account. You can get by with just a single transaction account, but I really don't recommend that. These are referred to with different names in different jurisdictions, but the basic idea is that you have one account where money is going in and out (the transaction account), and one where money goes in and stays (the savings account). You can then later on, as you discover various needs, build on top of that basic foundation. For example, I have separate accounts for each source of money that comes into my personal finances, which makes things much easier when I sit down to fill out the tax forms up to almost a year and a half later, but also adds a bit of complexity. For me, that simplicity at tax time is worth the additional complexity; for someone just starting out, it might not be. (And of course, it is completely unnecessary if you have only one source of taxable income and no other specific reason to separate income streams.) how much (percentage-wise) of my income should I put into each one? With a single transaction account, your entire income will be going into that account. Having a single account to pay money into will also make life easier for your employer. You will then have to work out a budget that says how much you plan to spend on food, shelter, savings, and so on. how do I portion them out into budgets and savings? If you have no idea where to start, but have an appropriate financial history (as opposed to just now moving into a household of your own), bring out some old account statements and categorize each line item in a way that makes sense to you. Don't be too specific; four or five categories will probably be plenty. These are categories like ""living expenses"" (rent, electricity, utilities, ...), ""food and eating out"" (everything you put in your mouth), ""savings"" (don't forget to subtract what you take out of savings), and so on. This will be your initial budget. If you have no financial history, you are probably quite young and just moving out from living with your parents. Ask them how much might be reasonable in your area to spend on basic food, a place to live, and so on. Use those numbers as a starting point for a budget of your own, but don't take them as absolute truths. Always have a ""miscellaneous expenses"" or ""other"" line in your budget. There will always be expenses that you didn't plan for, and/or which don't neatly fall into any other category. Allocate a reasonable sum of money to this category. This should be where you take money from during a normal month when you overshoot in some budget category; your savings should be a last resort, not something you tap into on a regular basis. (If you find yourself needing to tap into your savings on a regular basis, adjust your budget accordingly.) Figure out based on your projected expenses and income how much you can reasonably set aside and not touch. It's impossible for us to say exactly how much this will be. Some people have trouble setting aside 5% of their income on a regular basis without touching it; others easily manage to save over 50% of their income. Don't worry if this turns out a small amount at first. Get in touch with your bank and set up an automatic transfer from your transaction account to the savings account, set to recur each and every time you get paid (you may want to allow a day or two of margin to ensure that the money has arrived in your account before it gets taken out), of the amount you determined that you can save on a regular basis. Then, try to forget that this money ever makes it into your finances. This is often referred to as the ""pay yourself first"" principle. You won't hit your budget exactly every month. Nobody does. In fact, it's more likely that no month will have you hit the budget exactly. Try to stay under your budgeted expenses, and when you get your next pay, unless you have a large bill coming up soon, transfer whatever remains into your savings account. Spend some time at the end of each month looking back at how well you managed to match your budget, and make any necessary adjustments. If you do this regularly, it won't take very long, and it will greatly increase the value of the budget you have made. Should I use credit cards for spending to reap benefits? Only if you would have made those purchases anyway, and have the money on hand to pay the bill in full when it comes due. Using credit cards to pay for things is a great convenience in many cases. Using credit cards to pay for things that you couldn't pay for using cash instead, is a recipe for financial disaster. People have also mentioned investment accounts, brokerage accounts, etc. This is good to have in mind, but in my opinion, the exact ""savings vehicle"" (type of place where you put the money) is a lot less important than getting into the habit of saving regularly and not touching that money. That is why I recommend just a savings account: if you miscalculate, forgot a large bill coming up, or for any other (good!) reason need access to the money, it won't be at a time when the investment has dropped 15% in value and you face a large penalty for withdrawing from your retirement savings. Once you have a good understanding of how much you are able to save reliably, you can divert a portion of that into other savings vehicles, including retirement savings. In fact, at that point, you probably should. Also, I suggest making a list of every single bill you pay regularly, its amount, when you paid it last time, and when you expect the next one to be due. Some bills are easy to predict (""$234 rent is due the 1st of every month""), and some are more difficult (""the electricity bill is due on the 15th of the month after I use the electricity, but the amount due varies greatly from month to month""). This isn't to know exactly how much you will have to pay, but to ensure that you aren't surprised by a bill that you didn't expect."


>It will also make your brightest people leave faster to set up new competitors. Not if wage increases are done according to how the article is written. It's mainly criticizing Bezos for not funding things like retirement plans and severance packages. I don't think any of Amazon's best or brightest are waiting for the retirement benefits to increase before they make their exit. Moreover, when you're talking about shitty wages at Amazon, you're generally talking about the peons in the warehouses. Amazon is famous for shitty working conditions, but they pay for middle management and other corporate jobs is pretty decent. I've generally read that people question whether the money is worth the stress and demanding schedules, not whether the money is good by its' own right. It's the warehouse staff who're being paid peanuts for regular salary. >it could mess up with whatever HR or managers are trying to do in managing their team and culture You mean the famously toxic culture that's so widely written about? I thought it's common knowledge that Amazon is a miserable place to work.


"As was suggested here, I checked with the state for ""Unclaimed Funds,"" and despite the fact that I had already done so and found nothing, the funds were now there to be retrieved. So, the takeaway here is, keep checking periodically, it might just take a bit for things to settle out. This link is endorsed by NJ State, and covers much of the US: http://www.missingmoney.com/. Otherwise check with your state's Dept of Treasury."


I have been on the same boat as you are right now. So basically, it depends on your goals, risk tolerance, upcoming life events! You want a plan not just for this particular 50K, but for your household assets and future earnings to come! My suggestion: Get a flat fee, online financial advisor to do the work for you. You don’t have to figure this out by yourself. Personally, I would invest in a portfolio that: Offers dynamic asset allocation plans that evolves over time based on changing market conditions. Offers a healthy mix of beta and alpha strategies along with the liquidity and ability to monitor activity online. Has structural risk management in place. Risk management is as much about increasing risk as it is about cutting risk. Therefore, you want a plan for de-allocating and re-allocating risk Hope this helps.


An argument from the extreme. I can do that too, watch: *Or you can leave this country which values its taxes, and government services, and strike out for a no tax, no government haven that I am sure is out there somewhere...* See how that works.


I watch so little tv any more. The commercials are ruining it. You try to watch a great movie and every 8 minutes you have to watch 5 minutes of commercials. How can anyone enjoy a movie like this? I instantly close all pop up commercials on the internet. 90% of all commercials have no relevance to me so I have no use for them. Most of them are nothing but half-truths and lies anyway. But in reality, tv has nothing but garbage on it anyway and if it were not for sports I probably wouldn't watch it all.


Whatever you do, don't take your retirement savings to Vegas. Second, you should also consider investment expenses. Your investments profit after the managers pay themselves. Get the lowest expense ratio mutual funds you can. Third, most active managers do not beat the market. Index funds are your friends. They also tend to have the lower expense ratios.


I understand you're trying to ask a narrow question, but you're basically asking whether you should time the market. You can find tons of books saying you shouldn't try it, and tons more confirming that you can. Both will have data and anecdotes to back them up. So I'll give you my own opinion. Market timing, especially in a macro sense, is a zero-sum game. Your first thought should be: I'm smarter than the average person; the average person is an idiot. However, remember that a whole lot of the money in the market is not controlled by idiots. You really need to ask yourself if you can compete with people who get paid to spend 12 hours a day trying to beat the market. Stick with a mid-range strategy for now. Your convictions aren't and shouldn't be strong enough at the moment to do otherwise. But, if you can't resist, I say go ahead and do what you feel. Regardless of what you do, your returns over the next 3 years won't be life changing. In the meantime, learn as much as you can about investing, and keep a journal of your investment activity to keep yourself honest.


> If I want to pass on my success to my children it should be my choice Fine. Pass on the *money you earned while you were alive*. After you're dead, you're not producing *anything*. Why should third parties who never were involved in your 'property' continue to get paid?


If you are confident that the US Dollar will recover compared to the Australian Dollar then you could use your Australian dollars (assuming you have some) to buy an ETF that tracks the value of the USD. Then after the USD makes its run (or after the Australian dollar falls) you can cash out and claim victory. If that's not quite your situation, or if you want to learn more Investopedia has a great article that talks more about investing in currency ETFs and mentions a couple other options out there.


"I strongly suspect avoutthere meant physically overweight. It's a very common belief that poor people are more likely to be overweight. And while that claim is heavily disputed statistically, the inverse claim (that the poor are *less* likely to be overweight) does not seem to have any support. So if you'd accept the claim ""Americans are fat"", you'd also have to accept the claim ""American poor people are fat"", even if they're not *more* likely to be obese."


The financially best choice depends on which has a lower interest rate and what your other debts are. If you have significant other debts with a higher interest rate, it may make good sense to sign up for the longer-term loan and use your extra money to pay those down first. Then pay down your mortgage with large payments. If you don't have significant other debts, then it is likely a good idea to take a shorter term loan because those tend to have lower interest rates. In either case, remember that the required loan payments are the minimum payments. You can always pay more, and in many cases you should. The objective here is to pay as little interest over the course of your life as is feasible. I don't think it makes too much sense to gamble on whether or not interest rates will rise in the future. They may or may not over the life of your loan and you are not in a position to know which. They are low now, so they can be compared to your existing loans usefully. That is enough information to make rational decisions today.


This will just hasten the wristwatchs transition to an all digital device. I believe Apple is thinking about transitioning the Nano into a watch like device in upcoming generations, to sync with with phones as a second screen device. Good luck competing with that, Swatch.


Duh. Obamacare is a huge boon for health insurance companies, forcing everyone to buy their product, not providing a public option and effectively entrusting the bulk of American healthcare into the insurance companies. Of course they are going to like Obamacare. Is this really surprising?


1. Baby boomers homes ending up in the hands of the bank. 2. Millennials can't afford houses bc of school debt/cost of living increases 3. Slow move away from major cities to cheaper areas 4. Real estate boom from foreign investors developing all these luxury homes/condos Add them all up prices crash again


Đó là cái nhìn đẹp của mái nhà trong phòng. Chúng tôi sử dụng vật liệu hiệu năng cao, hiệu quả về chi phí cho khách hàng.Trước hết bạn nên khảo sát các công ty phát triển sẽ mua từ bạn. Để đảm bảo rằng bạn đưa ra các giải pháp chất lượng, bạn phải lọc xuống một nhóm khách hàng cụ thể thach cao vinh tuong. Tập trung vào những cá nhân muốn cung cấp tài sản của họ, những người đang tìm kiếm nhà tuyệt vời để mua, và những người muốn một chuyên gia để cải tạo ngôi nhà của họ. Đây là những khách hàng tiềm năng có thể giúp bạn kiếm được nhiều hơn bạn mong đợi.


Oh...I think that is exactly the case. This thing had amazing capabilities. The set up process along was like programming a robot. But who needs that? They could have built a $20 hand operated roller with a handle and sold the living shit out of their packets. Same effect.


"The local K-Mart to us will sell the whole pizzas for even less if they're old. They've trained me and other customers. Come on ""When's the pizza getting old"" I ask. ""Come back in 10, we'll save one for you."" 10 minutes later, me and 4 other people are grabbing $2-3 large pizzas. Whatever the fuck they feel like charging. In the meantime, I enjoy the time machine that is K-Mart. ""Wow, 2006 Hot Wheels! That shit's probably collectible by now!"""