"This is the best tl;dr I could make, [original](https://phys.org/news/2017-04-money-wealthy-wealthier-carbon-emissions.html) reduced by 90%. (I'm a bot) ***** > Across the U.S., state-level carbon emissions are higher in states where income is more highly concentrated among the wealthiest residents, according to a new study by two Boston College researchers. > The study, by sociologists Andrew Jorgenson and Juliet Schor, is the first to link income inequality and carbon emissions within and across the individual U.S. states. > &quot;What we find here in the context of income inequality and carbon emissions is that it&#039;s about the concentration of income at the top of the distribution,&quot; said Jorgenson. ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6jrt4w/money_to_burn_as_the_wealthy_get_wealthier_carbon/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~153695 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **income**^#1 **carbon**^#2 **state**^#3 **U.S.**^#4 **inequality**^#5"


The rights to the future merchandising alone will make a profitable return on the purchase. Not to mention the new trilogy and a brand new theme park to go with it. I honestly have no idea how you came to the conclusion you did, unless you're somehow of the opinion that Star Wars is a passing fad.


Some folks are speculating that they did this to propagate the Amazon Go technology, which I don't think WFM customers would like very much (shopping at Whole Foods is a social experience). Others have even speculated it's a deal to acquire more real estate. Seems to me like they just took over the grocery-delivery space. And they'll probably crush it. There's a Whole Foods about five blocks from my house, but when I'm drunk and having a party I'd rather not get in the car to pick up more charcuterie or wine. Would be dope if I could get a quick delivery whose extra costs were covered by my prime membership.


The equation you show is correct, you've simply pointed out that you understand that you buy at the 'ask' price, and later sell at the 'bid.' There is no bid/ask on the S&P, as you can't trade it directly. You have a few alternatives, however - you can trade SPY, the (most well known) S&P ETF whose price reflects 1/10 the value or VOO (Vanguard's offering) as well as others. Each of these ETFs gives you a bid/ask during market hours. They trade like a stock, have shares that are reasonably priced, and are optionable. To trade the index itself, you need to trade the futures. S&P 500 Futures and Options is the CME Group's brief info guide on standard and mini contracts. Welcome to SE.


I missed the data about rich parents, maybe you can point that out to me >Data from the Global Entrepreneurship Monitor show that more than 80% of funding for new businesses comes from personal savings and friends and family. Yes, life is a lottery and successful people are just lucky and if you are a loser it's not your fault.


I know an old retired Asian couple that each have 2 pensions. They worked from their teens and worked their asses off. The wife still works as a part time consultant because her second job was so specialized and she gets bored at home very easy. I saw their finances once and its just on a level I've never seen before or since. It's like they planned ~6 decades of their lives as teens and they stuck with the plan


A lot of our people work from home so conference calls are nice and quick. Lots of beeps when people who are finished with their part hang up too. From my experience this is a brick and mortar workplace phenomenon. Remote employees dont care about hanging around for nothing.


I thought we could have a friendly conversation, but it seems like this went out the window; I feel very comfortable given that 4 of my years at my current firms were about analyzing those fees and how open each of the firms are open about the rebates Prices, as well as exchanges having the same openness about it. The current volume intraday is around 5.6B shares traded; when it used to be 100 times bigger around 2010; you do not make a significant part of money with the lack of volitality and volume on the markets today. The author is just a sheltered university teacher that does not seem to know what reality looks like, and you seem to protect him which speaks volume about you as well.


HSA accounts come with various rules intended to ensure that the pre-tax money you have opted to put into your HSA account is indeed used for appropriate purposes. Most employers don't handle these accounts in-house but contract with a company or bank who offers to take care of the details and the necessary accounting: the money is simply sent to the bank, and it is the bank that is responsible for ensuring that the money is indeed used appropriately. Now, if you say that you want Wells Fargo (to pick another bank as an example) to handle your HSA account, the employer will likely need to have a contract with Wells Fargo too, and Wells Fargo will charge you fees to handle the account also. Whether you will be any happier with Wells Fargo's fees for a one-off HSA account versus Chase's fees where a (smaller) bulk rate might be charged is something that you should find out before approaching your employer with a request to have Wells Fargo handle your HSA account.


It all depends on whether you can manage your money or not. Many people are incapable of doing so in a responsible way. Like any service, you get what you pay for -- active management costs money!


Which is generally the better option (financially)? Invest. If you can return 7-8% (less than the historical return of the S&P 500) on your money over the course of 25 years this will outperform purchasing personal property. If you WANT to own a house for other reason apart from the financial benefits then buy a house. Will you earn 7-8% on your money, there is a pretty good chance this is no because investors are prone to act emotionally.


We should be commending this behavior. Pink mustaches are ugly and a blight on my city's landscape. Stupid, whimsical companies deserve to fail, hard, onto their face. tl;dr - can't wait for uber to slip the knife in and kill this travesty for good.


Imagine how foolish the people that bought Apple at $100 must have felt. It was up tenfold for the $10 it traded at just years prior, how could it go any higher? Stocks have no memory. A stock's earnings may grow and justify the new higher price people are willing to pay. When FB came public, I remarked how I'd analyze the price and felt it was overvalued until its earnings came up. Just because it's gone down ever since, doesn't make it a buy, yet.


In a year with no income, the best advice is to convert existing IRA money to Roth. This lets you take advantage of the 'zero' bracket, the combination of your exemption and standard deduction. This adds to $10,300 for a single person. Other than that, if you are determined to take the money out, just do it. There would be a 10% penalty of the growth, but the original deposit comes out tax free anyway. Edit - There's a rule that if you sell your entire Roth account (i.e. all Roth accounts, you can't pick one of a few) and have a loss, you can take that loss. (Per Dilip's comment, this strategy is pretty moot, it's not a loss taken against other income as a stock loss would potentially be))


Assuming you're in the US, you can also access CPI for major cities / regions. The US Bureau of Labor Statistics (BLS) publishes a PDF each month with details on how prices of services, food, and other goods has increased or decreased: http://www.bls.gov/cpi/tables.htm


"Defining parity as ""parity is the amount by which an option is in the money"", I'd say there may be an arbitrage opportunity. If there's a $50 strike on a stock valued at $60 that I can buy for less than $10, there's an opportunity. Keep in mind, options often show high spreads, my example above might show a bid/ask of $9.75/$10.25, in which case the last trade of $9.50 should be ignored in favor of the actual ask price you'd pay. Mispricing can exist, but in this day and age, is far less likely."


The CCAPM attempts to link asset prices/equity risk premiums to the 'intertemporal substitution of consumption' instead of the normal beta. So essentially what it's trying to say is you prefer to smooth consumption, you hate volatile consumption patterns, therefore you demand higher returns in booms and will settle for lower returns in downturns. (It may sound counter-intuitive at first, but think in terms of marginal utilities, in booms your marginal utility is lower as you're already well off, therefore you demand more of an asset). The CCAPM tries to link asset prices to real economic theory (consumption) whereas CAPM is derived from the assumption that investors only care about mean and variance of returns (no real link to the real side of the economy). There are almost no real world applications for the CCAPM. Empirically it is almost a complete failure, complex extensions have only gotten it so far, see the 'equity premium puzzle' by Mehra and Prescott (1985).


Good news: the car is so heavily reserved you won't be able to buy it for 2 or 3 years. The Beta should be over then. And did the X get terrible reviews by Consumer reports? Yes. Is it because of crazy shit like it's Gull Wing doors? Does the M3 have that? Not at all.


"I have been working and studying at the same time since I was 13... for all purposes, when I finished high school, I was working and studying part time... until I got my B.Sc in Computer Science and Masters in Business Administration (MBA)... developed my career and now I am a senior executive making excellent money and supervising many people. In retrospect, my degrees did not help me at all in my career in the sense that did not teach me anything of significance for real work and career life, nor did they lend me my first jobs. **Colleges and universities are mostly to find who is better in studying... in the hope that if they study well, they will do well in their career... because they can study well.** Mostly not true and does not work this way! However(!!!), without a degree (piece of paper), I could not advance to my current position because ""degree required for this position"". One more thing, very important: when I studied for my MBA, and worked full(!) time, I had no choice but to take night classes (City University of NY, Baruch College, one of the best business schools in the country). **This was the best experience I had in all the of my college studies!** Why? Because all(!) the professors who teach in the night were working in the morning in their normal jobs - none of them were tenured professors. They were real business people, grounded, know what they are talking about, and they were teaching because they loved to teach and share the experience and knowledge. **Do you understand what I am saying here?** So, I did not get the theoretical nonsense from them. They actually taught us what really happens, the real approach to things, and the real issues to address. P/S: My son is following my way. Since he was 11, he works in the areas he like (Minecraft) and he made money since then, running classes, getting to know people in the field, getting experience, getting work ethics, etc. If he wants to go to Harvard, fine with me, but I think he just need to go to ""reasonable"" low cost college to get those pieces of papers called ""Diplomas""."


There are a few company they can help you open an offshore account. I searched and found rtrsupportslimited.com on another discussion forum. It is a company which does the exact same thing. I got my own company incorporation and bank account from them.


Jason McDowell is a dog breeder specializing in breeding dogs or various breeds. You can bring home the puppy you always wanted by choosing from our selection of puppies. Jason McDowell not only breeds dogs, he also trains them to provide a puppy that is well behaved and friendly.


Sorry, you cannot transfer EPF into PPF. The investments in PPF are limited to 150,000 per year. Withdrawal is in 7th year, i.e. After completion of 6 financial years. 50% of the Balance of 4th year can be withdrawn. 2.Withdraw the money and find a new form of investment. This is definitely possible. A lump sum investment into NPS [New Pension Scheme] or various Retirement schemes, or equity / real estate etc Is there any other 3rd solution for this situation? Keep the money AS-IS as the money will still continue to grow. The interest is stop getting accrued after 3 years of NO contribution. Within 36 months if an account will not get any deposit then it will be considered as dormant/inactive account. So you can wait for sometime before you decide to withdraw.


Yea, people just don't get it. This is how much it costs to run and promote events. The reason Ticketmaster exists as a so-called monopoly is because local/regional promoters were getting killed by poor attendance on too many shows. So Ticketmaster came into existence because they were spreading the losses/profits of individual shows across the national spectrum. Additionally, bands started to ask for more and more money (in the form of upfront guarantees), and this has worsened since CD sales have collapsed and touring is their primary form of income.


Its hard to write much in those comment boxes, so I'll just make an answer, although its really not a formal answer. Regarding commissions, it costs me $5 per trade, so that's actually $10 per trade ($5 to buy, $5 to sell). An ETF like TNA ($58 per share currently) fluctuates $1 or $2 per day. IXC is $40 per share and fluctuates nearly 50 cents per day (a little less). So to make any decent money per trade would mean a share size of 50 shares TNA which means I need $2900 in cash (TNA is not marginable). If it goes up $1 and I sell, that's $10 for the broker and $40 for me. I would consider this to be the minimum share size for TNA. For IXC, 100 shares would cost me $4000 / 2 = $2000 since IXC is marginable. If IXC goes up 50 cents, that's $10 for the broker and $40 for me. IXC also pays a decent dividend. TNA does not. You'll notice the amount of cash needed to capture these gains is roughly the same. (Actually, to capture daily moves in IXC, you'll need a bit more than $2000 because it doesn't vary quite a full 50 cents each day). At first, I thought you were describing range trading or stock channeling, but those systems require stop losses when the range or channel is broken. You're now talking about holding forever until you get 1 or 2 points of profit. Therefore, I wouldn't trade stocks at all. Stocks could go to zero, ETFs will not. It seems to me you're looking for a way to generate small, consistent returns and you're not seeking to strike it rich in one trade. Therefore, buying something that pays a dividend would be a good idea if you plan to hold forever while waiting for your 1 or 2 points. In your system you're also going to have to define when to get back in the trade. If you buy IXC now at $40 and it goes to $41 and you sell, do you wait for it to come back to $40? What if it never does? Are you happy with having only made one trade for $40 profit in your lifetime? What if it goes up to $45 and then dips to $42, do you buy at $42? If so, what stops you from eventually buying at the tippy top? Or even worse, what stops you from feeling even more confident at the top and buying bigger lots? If it gets to $49, surely it will cover that last buck to $50, right? /sarc What if you bought IXC at $40 and it went down. Now what? Do you take up gardening as a hobby while waiting for IXC to come back? Do you buy more at lower prices and average down? Do you find other stocks to trade? If so, how long until you run out of money and you start getting margin calls? Then you'll be forced to sell at the bottom when you should be buying more. All these systems seem easy, but when you actually get in there and try to use them, you'll find they're not so easy. Anything that is obvious, won't work anymore. And even when you find something that is obvious and bet that it stops working, you'll be wrong then too. The thing is, if you think of it, many others just like you also think of it... therefore it can't work because everyone can't make money in stocks just like everyone at the poker table can't make money. If you can make 1% or 2% per day on your money, that's actually quite good and not too many people can do that. Or maybe its better to say, if you can make 2% per trade, and not take a 50% loss per 10 trades, you're doing quite well. If you make $40 per trade profit while working with $2-3k and you do that 50 times per year (50 trades is not a lot in a year), you've doubled your money for the year. Who does that on a consistent basis? To expect that kind of performance is just unrealistic. It much easier to earn $2k with $100k than it is to double $2k in a year. In stocks, money flows TO those who have it and FROM those who don't. You have to plan for all possibilities, form a system then stick to it, and not take on too much risk or expect big (unrealistic) rewards. Daytrading You make 4 roundtrips in 5 days, that broker labels you a pattern daytrader. Once you're labeled, its for life at that brokerage. If you switch to a new broker, the new broker doesn't know your dealings with the old broker, therefore you'll have to establish a new pattern with the new broker in order to be labeled. If the SEC were to ask, the broker would have to say 'yes' or 'no' concering if you established a pattern of daytrading at that brokerage. Suppose you make the 4 roundtrips and then you make a 5th that triggers the call. The broker will call you up and say you either need to deposit enough to bring your account to $25k or you need to never make another daytrade at that firm... ever! That's the only warning you'll ever get. If you're in violation again, they lock your account to closing positions until you send in funds to bring the balance up to $25k. All you need to do is have the money hit your account, you can take it right back out again. Once your account has $25k, you're allowed to trade again.... even if you remove $15k of it that same day. If you trigger the call again, you have to send the $15k back in, then take it back out. Having the label is not all bad... they give you 4x margin. So with $25k, you can buy $100k of marginable stock. I don't know... that could be a bad thing too. You could get a margin call at the end of the day for owning $100k of stock when you're only allowed to own $50k overnight. I believe that's a fed call and its a pretty big deal.


Originally dollars were exchangeable for specie at any time, provided you went to a govt exchange. under Bretton Woods this was a generally fixed rate, but regardless there existed a spread on gold. This ceased to be the case in 71 when the Nixon shock broke Bretton woods.


True but I also hate when companies try to sell me products. When I watch a documentary I want to see little bias (there is always some). This guy uses sensational reporting to try and sell viewers on the notion that everything from an animal is terrible for you and plant foods are the only possible solution. It's a load of shit just the same way weight loss pills are a load of shit. My issue is that it's a documentary not a fucking ad. The dude isn't even subtle about his bullshit so he has absolutely no credibility in my eyes. He presents veganism like he's trying to convert you to a religion (which I understand it basically is for many).


"Great question. There are several reasons; I'm going to list the few that I can think of off the top of my head right now. First, even if institutional bank holdings in such a term account are covered by deposit insurance (this, as well as the amount covered, varies geographically), the amount covered is generally trivial when seen in the context of bank holdings. An individual might have on the order of $1,000 - $10,000 in such an account; for a bank, that's basically chump change, and you are looking more at numbers in the millions of dollars range. Sometimes a lot more than that. For a large bank, even hundreds of millions of dollars might be a relatively small portion of their holdings. The 2011 Goldman Sachs annual report (I just pulled a big bank out of thin air, here; no affiliation with them that I know of) states that as of December 2011, their excess liquidity was 171,581 million US dollars (over 170 billion dollars), with a bottom line total assets of $923,225 million (a shade under a trillion dollars) book value. Good luck finding a bank that will pay you 4% interest on even a fraction of such an amount. GS' income before tax in 2011 was a shade under 6.2 billion dollars; 4% on 170 billion dollars is 6.8 billion dollars. That is, the interest payments at such a rate on their excess liquidity alone would have cost more than they themselves made in the entire year, which is completely unsustainable. Government bonds are as guaranteed as deposit-insurance-covered bank accounts (it'll be the government that steps in and pays the guaranteed amount, quite possibly issuing bonds to cover the cost), but (assuming the country does not default on its debt, which happens from time to time) you will get back the entire amount plus interest. For a deposit-insured bank account of any kind, you are only guaranteed (to the extent that one can guarantee anything) the maximum amount in the country's bank deposit insurance; I believe in most countries, this is at best on the order of $100,000. If the bank where the money is kept goes bankrupt, for holdings on the order of what banks deal with, you would be extremely lucky to recover even a few percent of the principal. Government bonds are also generally accepted as collateral for the bank's own loans, which can make a difference when you need to raise more money in short order because a large customer decided to withdraw a big pile of cash from their account, maybe to buy stocks or bonds themselves. Government bonds are generally liquid. That is, they aren't just issued by the government, held to maturity while paying interest, and then returned (electronically, these days) in return for their face value in cash. Government bonds are bought and sold on the ""secondary market"" as well, where they are traded in very much the same way as public company stocks. If banks started simply depositing money with each other, all else aside, then what would happen? Keep in mind that the interest rate is basically the price of money. Supply-and-demand would dictate that if you get a huge inflow of capital, you can lower the interest rate paid on that capital. Banks don't pay high interest (and certainly wouldn't do so to each other) because of their intristic good will; they pay high interest because they cannot secure capital funding at lower rates. This is a large reason why the large banks will generally pay much lower interest rates than smaller niche banks; the larger banks are seen as more reliable in the bond market, so are able to get funding more cheaply by issuing bonds. Individuals will often buy bonds for the perceived safety. Depending on how much money you are dealing with (sold a large house recently?) it is quite possible even for individuals to hit the ceiling on deposit insurance, and for any of a number of reasons they might not feel comfortable putting the money in the stock market. Buying government bonds then becomes a relatively attractive option -- you get a slightly lower return than you might be able to get in a high-interest savings account, but you are virtually guaranteed return of the entire principal if the bond is held to maturity. On the other hand, it might not be the case that you will get the entire principal back if the bank paying the high interest gets into financial trouble or even bankruptcy. Some people have personal or systemic objections toward banks, limiting their willingness to deposit large amounts of money with them. And of course in some cases, such as for example retirement savings, it might not even be possible to simply stash the money in a savings account, in which case bonds of some kind is your only option if you want a purely interest-bearing investment."


Just use a credit card like AMEX Blue that categorizes your purchases, and reconcile at the end of the month. There is no good reason to use a debit card.


Ah, my bad! You are refering to the study's methodology, right? In the introduction of the study, they mentioned that several countries have repealed their wealth tax, so I got the understanding that they used those instances as exogenous events from which they could draw conclusion. Upon reading more carefully, it does indeed seem like this study did a cross sectional study over time instead.


I am going to add in an opinion here from the Wall Street Journal that I read this morning in What's at Stake in the Greek Vote, in light of current events and elections in Greece. The article claims that if the election results make it sound like a break from the Euro is imminent then ... we will see a full-fledged bank run. Greek banks would collapse ... The market exchange-rate would likely be two or three drachmas to the euro, which would double or triple the Greek price of imported goods within a few days. Prices of assets, including real-estate assets, would crumble. Those who moved their deposits abroad would be able to buy these assets cheaply, leading to a significant, regressive redistribution of Greek wealth. In short, you'd lose two-thirds of your savings unless you were storing them somewhere safe from the conversion. The article also predicts difficulty importing goods (other nations will demand to be paid in euro, not drachma) leading to disruption of trade and various supply shortages. I will note that the predictions here seem to be in opposition to some other advice here which suggests that real estate will be an effective hedge.


Go the opposite approach. Budget a certain amount of cash and keep it combined. Don't exceed it (but next time budget more if you need to). If you were in the USA (where card acceptance is near universal) what I do is simply use my visa check card for all purchases and download it to my personal finance software, where you can assign categories.


If you suffer from ankle or foot pain, you need to visit Preferred Foot and Ankle Specialist Gilbert AZ. Recommending Dr. Mikkel Jarman, DPM, Gilbert Podiatrist. Contact 480 497-3946 or PreferredFootAnkle.com. He's considered one of the very best Gilbert AZ Foot Doctors offering effective relief.


Facebook is currently the most often visited site on the web. So it only follows that we as marketers should take full advantage of all the promotional possibilities it offers. Facebook adder software makes it super simple to market to whatever demographic you’re marketing to as well as whatever niche you’re tapping into. Currently you’ll find that there are several tools out there that are used for sending out multiple friend requests at a time. Yet although, there are a relatively large number that will actually get the job done, only smaller fraction of these types of programs can perform this action without getting your account banned. Facebook is fairly vigilant with respect to their methods of detecting spam. Therefore, if you decide to use an automated process to build your fan page, you must be somewhat strategic in your methodology. The application you use, must allow you to easily set things such as how many friend request you can make and over what period of time you can make them. You should try to keep the number of friend request per day under 50, because sending out 100′s of request per day will surely get you banned.


Yes, any company can go under. SIPC offers a level of protection. They don't guarantee against stocks dropping, but will replace stocks that you owned, but the broker stole from you. (overgeneralization). There's a $500K limit, with $250K max in cash.


I do not fully understand the transactions involved, but it appears that there was a reverse stock split (20:1) and some legal status change as well on June 29th. This seems to be the cause for the change in valuation of the stock as the dates match the drop. https://www.otcmarkets.com/stock/RMSLD/filings


"Articles like this are the reason why nothing will ever change. Accusing Walmart of ""refusing"" to raise wages and ""abusing"" its employees is what you say when you're a small time blogger that just wants hits."


There are 2 schools of thought in determining the price of a future contract in a day prior to expiration. The cost of carry model, states that the price of a future contract today is the spot price plus the cost of carrying the underlying asset until expiration minus the return that can be obtained from carrying the underlying asset. FuturePrice = SpotPrice + (CarryCost - CarryReturn) The expectancy model, states that the price of the futures contract depends on the expectation about the spot market's price in the future. In this case, the price of the future contract will diverge from the spot price depending on how much the price is expected to rise or fall before expiration. A few glossary terms: cost of carry For physical commodities such as grains and metals, the cost of storage space, insurance, and finance charges incurred by holding a physical commodity. In interest rate futures markets, it refers to the differential between the yield on a cash instrument and the cost of funds necessary to buy the instrument. Also referred to as carrying charge. spot price The price at which a physical commodity for immediate delivery is selling at a given time and place. The cash price.


At the very least you should invest as much as you can that your employer will match, as they are basically giving you free money for saving. After that I would prioritize a Roth IRA as that offers similar tax benefits with more liquidity. Provided you have enough money available in your emergency fund and have plenty for everyday expenses I see no reason not to max out your 401k after that if you can afford it. However, if your emergency fund is lacking, be sure to put some there. Other investments like a 529 may come into play if you have kids you plan on sending to college, but it all depends on your situation.


Hey should I be networking? Haha okay thank you very much! I’ll follow this advice to a tee. I just signed up for WSO and going to do more research. What exactly do you mean by technicals? Just the ins and outs of IB? We have a platform that gets me in touch with the alumni. I’ll get on that and get in contact with everyone. Thank you very much!!


Bonds provide protections against stock market crashes, diversity and returns as the other posters have said but the primary reason to invest in bonds is to receive relatively guaranteed income. By that I mean you receive regular payments as long as the debtor doesn't go bankrupt and stop paying. Even when this happens, bondholders are the first in line to get paid from the sale of the business's assets. This also makes them less risky. Stocks don't guarantee income and shareholders are last in line to get paid. When a stock goes to zero, you lose everything, where as a bondholder will get some face value redemption to the notes issue price and still keep all the previous income payments. In addition, you can use your bond income to buy more shares of stock and increase your gains there.


Yes millennials are your problem... Do your damn job and make your business better or leave. I am a millennial who used to go to BWW all the time when I was in college, but now I realize the wings are always dry no matter where I go... Make the food better


What you found is that when your were on website X on day y when you clicked on the link they told you to buy 7 stocks and you performed an experiment, but the values went down. Somebody else on website A on day B saw a lightly different list, they may have been flat. But if you were on website W on day D that list hit the jackpot. Which of the three decided that the people running the ad knew what they were talking about? They could have tailored the list based on the nature of the website. Sports and recreation ones on ESPN, high tech on a computer focus site. They could have varied the size of the lit, they could have varied the way they described their analysis. They could have even varied the name of the expert to make it sound familiar or authoritative. What you found was a marketing plan. It may have been a scam, or it may have been just a way to try and convince you they know what they were doing. If you clicked on the wrong list, they probably lost you as a potential customer, unless you can convince yourself that they were close, and deserve a second look....


"You are missing the point. He is richer than if the note had never been issued. So are his employees, the people they bought stuff from, the people those people bought stuff from, etc etc... But the shoe-maker is still poorer than he was the day before the fire hit, and not because anyone else ""took it from him"", in the sense that they have his money. Money is debt owed to the bearer. When that debt becomes unrecoverable, the money is gone."


"This is the best tl;dr I could make, [original](http://www.businessinsider.com/basic-income-would-grow-gdp-by-trillions-study-finds-2017-8) reduced by 81%. (I'm a bot) ***** > Conducted by the left-leaning Roosevelt Institute, the study investigated three strategies for implementing basic income, a form of wealth distribution that involves giving everyone a standard salary just for being alive. > Proponents of basic income say it would reduce or even eliminate poverty, while skeptics say it could erase people&#039;s motivations to keep working, possibly ruining the economy instead of improving it. > The three basic incomes proposed by the study were $1,000 paid monthly to every US adult; $500 paid monthly to every US adult; and $250 paid monthly to every US child. ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6zfh4r/giving_every_american_12000_a_year_in_free_money/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~207966 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **basic**^#1 **income**^#2 **study**^#3 **year**^#4 **every**^#5"


"If any creditor thinks they're going to put their fuck up on my ""identity"" they got on another thing coming. I will not waste my time clearing up my credit score, I will not waste my time electronically verifying my identity, they will see a certified letter, and then they'll see me personaly in a court room."


Work for a bank (ultra high net worth individuals). We will do advised lines of credit (we have to approve every draw) secured by a portfolio of art. Slightly better pricing than if it were unsecured, but we will do higher loan amounts. I haven't done wine-secured, but have seen guys with $1mm+ wine collections on their balance sheets.


You can use a Roth IRA for retirement and you can still withdraw all of your contributions at any time. You can also withdraw $10,000 worth of the earnings in your Roth IRA for a first-time home purchase. You can also withdraw for unreimbursed medical expenses and qualified education expenses. Full details are available in IRS publication 590. There is a limit of $5,500 for contributions in 2016 ($6,500 if you're over 50) as long as your adjusted gross income is below a certain level. You can still make a contribution for the previous tax year until the filing deadline (usually April 15).


I have a friend who spent 10 years implementing regulations on high-level internal bank systems before the last crash. Turned out everyone above the system level just did what they wanted anyway. Real big decisions simply bypassed the system and here we are..


But don't worry, we're getting rid of those pesky financial regulations and your ability to sue us. This way we can apologize, fire some scapegoat, and we won't have to face any real consequences. Got to make sure we keep in the black and continue to create American jobs, right? ;)


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For your purposes, I would recommend using direct investment in a no-load mutual fund. I mostly use Vanguard and would recommend them. They just about invented index funds, usually have the lowest (internal) expenses for index and many other funds, if you take electronic instead of paper statements there is no maintenance fee, have no transaction commission, can do periodic automatic investment from a bank account etc. A typical index fund there would require an initial $3000 investment and would have a minimum of $100 for each additional investment. If you can't come up with an initial sum of that size, you might be able to find a broker with a lower minimum and suitable free ETFs trades as others have suggested.


It seems possible if the Euro is partially/entirely unwound that policies could be enacted to prohibit exactly this behavior, otherwise what will stop outflow to the stronger countries on a massive scale? (Thus amplifying the resulting decade-long clusterfuck) We've never had this situation in Europe before, and already for Greece and Spain there are suggestions to instigate withdrawal controls. It doesn't seem far fetched to imagine retroactive controls placed on private deposits in newly-foreign-currency banks. If I were concerned about the Euro's collapse I'd be more inclined to move assets out of the eurozone entirely


This might be useful http://ec.europa.eu/taxation_customs/individuals/cash-controls_en As far as I am aware there should be no issues with anything below 10000. But anything after that you have to declare.


"Don't get all high headed now. The filth you've been spewing today shows that you don't do you own ""cross checking/thinking"". But the fact that you think you do really is telling. Again, you and your buddies at /r/the_Donald are the armpit of humanity. Again, never said anything about liking Bernie. Again, you are projecting. And finally, again, your view of the world is just straight up based on fabrication. Learn something about other people, so that you actually can talk about things that you understand, or shut your fucking idiot mouth. You are not helping matters with your ignorance. You're entitled to your opinion, but when your opinion is that you can say any old stupid thing that pops into your head, you really need to learn to shut the hell up. You're wrong about everything you've said. One day you may realize that. Probably not, but there's always hope."


"Just tired of the bullshit postings stating ""Make $$$ NOW if you know Java or C# and have government clearance!!!!!!!!!!!!!!!!!!!!!!!!!!!' LinkedIn is on par with craigslist - just different presentation. Some company that wanted to hire me decided to make me a LinkedIn profile. I told them to fuck off - intrusive assholes."


I feel like this would be less controversial if we used a different term. Its like an RF mirror. I don't know exactly how this tech works, but the gist of it is the implant reflects RF singles in a specific way so that it can work like a key. I would love to have this in place of my drivers license, credit card, etc. It would be so convenient. To open doors at work, doesn't really save me any hassle, because i can just put an RFID card in my wallet. It'd need to be broader in scope for me to have any interest in it. I think much of the outrage here is people not understanding the tech. This isn't a Dr Krieger mind control chip.


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Advantage of filing online (at least with TurboTax) is that they keep a record of your prior year taxes on their servers. Also, you could fill some stuff out at work, and then go home and continue where you left off. You also wouldn't have to mess with installing software. File online.


Group RESPs are a bit like a true mutual insurance company. You all pay into the fund, and then, depending on the number of kids that are in school that particular year, you get paid a certain amount. Advantages could be that if you end up with one or two years of only your kid in school and nobody else's in that age bracket, you get more money. Disadvantage for the same-reverse reason also could be true. Another advantage of regular programs, unlike pooled, is that if you do not use all the money, then some/all of the remaining funds may be transferable to an RRSP. Personally I would not invest in one, unless it was more like a specific investment-club that I knew everybody.


"I actually had a similar situation when I tried to buy my house. I paid off all my loans and was proud of my ""debt free"" status. I had no car note, no student loans... absolutely no debt, but I did have a bank-issued credit card. (USAA, not Chase, but I assume the same may apply). When I tried to get a home loan they told me I had ""absolutely no information on my credit report."" AKA I had no credit. The mortgage lender had no idea what was going on, nor did I or anybody else. It took a lot of research before I realized that the credit bureaus use a formula for the credit rating that involves a lot of things, but if you haven't had a current line of credit reported to the agency in over a year (maybe it was longer, I didn't have anything for 3 years) you aren't going to have a credit score. Because I was ""debt free"" I was also credit report free and eventually the credit bureaus had nothing to go on, and my score disappeared. The bank-issued credit card was on my credit report, but they didn't report monthly balances so the bureaus couldn't use it to determine if I was paying off the card or if I even had a balance on it. It was essentially not doing my credit any favors, despite what I had thought. In short, based on the fact that you have no debt in her name, and you have taken on all debt in your own name, its very plausible that she has no credit rating anymore. It won't take long to get it back. Once you have ANYTHING on your credit that's actually reported the formula can kick back in and look at credit history as well as current credit and she'll be fine."


Optometric service is prevented and diagnosed abnormalities better known as refractive visual function as well as physical rehabilitation and rehabilitation for optical media and optical aids. The optometrist evaluates the patient and according to their visual problem, age and other special conditions, recommends the required correction: glasses, contact lenses or surgery. At Life Extension Optometry Contact lens fitting should be done by professionals because it is done depending on the type of visual Problem of each patient who will recommend different types of existing contact lenses: soft, rigid, gas permeable, bifocals and trifocals. The patient is made adaptive tests, tolerance and handling lenses to avoid complications that may arise from misuse of them.


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Agree. Ony shit thing is they outsourced CS to India or some asian country. Being they make stupid money why the heck not make the country that created you a place where you have all services. Sadly the cost of companies always having VCs that have no heart for people but just for coin. Like a bread of little fingers :)


Taxes do not translate into income for the poor maybe under certain circumstances, but that's not true at all in general. Transfer payments, healthcare, education... those are areas where increased tax dollars correlate with increased income for the poor. It certainly wouldn't be effective if those tax dollars went to the military, but it would undeniably increase income if it were distributed as transfer payments.


"There's a significant difference between ""discount"" and ""surcharge"". For starters - legal difference. If you have a list price of $X - that's the price you're committed to sell regardless of the payment method. So it doesn't matter if I pay with cash or credit - I'll pay $X. However, it costs you more when I pay with credit - so you want to pass that cost on me. You charge me surcharge - an addition to the price. In some States in the US and in some other countries - that is against the law. You cannot add on top of the listed price any amount regardless of the payment method. However, you can say that the list price is $X, which includes the assumed credit card surcharge of $Y. And then you give discount of $Y to anyone not paying with credit card. The list price is still $X, regardless of the payment method. You don't have to give the discount, the discount is your cost of doing business. But that would be legal in some places (not all!) that forbid credit card surcharge. So the main difference from legal perspective is that you're not allowed to add to the list price, but you're allowed to discount from it. Regarding taxes - exemption/deduction is not a penalty for negative. Exemption/deduction is an implementation of a social policy. For example, it is for the public benefit for everyone to own a house. So the Congress comes up with a deduction of mortgage interest. However, you're not penalized if you don't own a house by paying higher taxes. Your tax rate doesn't change. You just don't get to deduct something that you might be able to deduct had you owned a house with a mortgage. This is, again - a discount of a list price, not a surcharge. You're not penalized if you don't have a house or don't have a mortgage, but if you do - you get a break. The author you're quoting claims that bottom line would be the same as if you considered the absence of a deduction as a penalty. But that's not true, because even if you do have a mortgage you may not be able to deduct it because your income is too high, the mortgage is for too much, or your mortgage is not on the primary residence. So mere existence of the mortgage doesn't directly correlate to the existence of the deduction. Similarly with credit card surcharges - you may get a cash discount, but you may get the similar amount of money back even if you use a credit card. Not as a cash discount but rather as rewards, cash-backs or points. However, if there's no cash discount, you won't be getting these if you're paying cash. So again - you're not penalized for having a credit card by not getting a discount, because you may still get it in a different way - and if you don't, you still may end up not getting it. So the quote is a rather simplistic and negative view and more of an opinion than stating a fact."


Consumerist posted a list of how long to keep bills.


The biggest challenge as a young person maxing out a 401k in my opinion is the challenge of saving for a house, and (if necessary) paying off student loans. You have to consider - are you OK renting for the next 3, 5, 10 years? Or do you eventually want to buy a place? how much will that cost vs your current expenses? That being said, I didn't max out but had over 8-10% of 401k contribution in the same situation you're in right now and I don't regret it. Rereading your question, I see you are considering investing in a Roth IRA. Especially at your current age, assuming your wages will go UP, investing to the company match with the 401K and then maxing out a Roth IRA would be my recommendation. THEN continue maxing out the 401k (if you wish). P.S. I highly recommend doing two things if you go down this path:


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Not just jobs, entire companies were created. It opened up a whole new market. Then, with the iPhone coming out - competitors came out with their versions (Android, which distribution came out around 2007), which did the same thing except in a different market I'd like to attribute to Apple's iPhone.


Since most developed countries view a low but positive inflation rate as ideal, it is very likely that we will end up with positive inflation. However, modern societies such as Japan have experienced extraordinarily long periods of deflation. In their case, however, it is mostly due to a political unwillingness to impose the costs on savers, as savers are politically in control. As to your point about things being so much cheaper in our grandparents' days, this is actually completely untrue for the vast majority of goods when measured in real terms (e.g., relative to the median workers' wages). Today a decent bicycle can be bought with the average worker's earnings over a few days, whereas our grandparents would have had to work over a month. A modern radio can be bought for perhaps an hours' worth of work ($10 on amazon.com), but our grandparents may have had to spend months working to buy their first radio. There is no reason for this trend not to continue. Point is, inflation is not such a bad thing so long as wage growth keeps up or exceeds it.


I'm referring to yachts in my link. Most of the yachts listed in my link are significantly more valuable than the yacht in the article. Also, just because a $70mm yacht is listed for $40mm, doesn't decrease its running costs by a similar amount. Also, the borrower listed in the article is no longer a billionaire, not by a long shot so my point still stands even at the number you mention.


"This is probably skewed, because most people see their credit-cards as ""emergency savings"". But the real problem happens that once you have an emergency, it turns into two. 1) *Emergency* 2) Maxed out credit-card emergency."


"The guideline for the size of an emergency fund is just a guideline. I've usually heard it expressed as ""3 to 6 months,"" but everyone has a different idea of exactly how big it should be. The purpose of the fund is to give you enough cash to be able to pay for unexpected expenses that have come up that you have not budgeted for without you having to borrow money to pay for them. To figure out how big this fund should be, we look at the worst case scenario. Suppose that you lost your job tomorrow. What would you do? Cut your expenses. You'd probably be much more careful how you spend money. Secure health insurance. This would be done by either continuing your employer's policy with COBRA, or by purchasing your own insurance, likely through the Obamacare/ACA market. Keep in mind that most likely your employer is paying for a portion of your insurance now, so this expense will go up quite a bit no matter which option you choose. Look for another job. You'd probably begin your search for a new job immediately. The size of your emergency fund determines how long you will be able to go without income before you need to start a new job. Regarding cutting your expenses, it is up to you how much you would cut. There are things that are easy to cut temporarily (or permanently), such as restaurants, entertainment expenses, vacations, etc. You would probably stop retirement investing until you have income again. The more you cut, the longer your emergency fund would last. Things you don't want to cut are necessities, like housing, groceries, utilities, transportation, etc. I would also include health insurance in this list. Certainly, if you have a pre-existing condition, you do not want to let your health insurance coverage lapse. Your employability is also a factor. If you believe that you would have an easy time finding similar employment to what you have now, your emergency fund might not need to be quite as big as someone who believes they would have a harder time finding another job."


Just watch these videos and you will definitely have a basic overall understanding of finance/econ: > [Overview of Finance by Ackman](https://www.youtube.com/watch?v=WEDIj9JBTC8) > [How the Economic Machine Works by Ray Dalio](https://www.youtube.com/watch?v=PHe0bXAIuk0) A lot of universities have entire courses they put online. For example, Yale's open course on Financial Markets is excellent: > [Yale Econ 252](http://oyc.yale.edu/economics/econ-252-11) > [Youtube mirror](https://www.youtube.com/playlist?list=PL8FB14A2200B87185&feature=plcp)


Get a Mac, then partition part of the drive for Windows. This is the best of both worlds, honestly. Windows has yet to come close to the intuitive and fluid interface that is OSX. Excel for OSX is terrible (poor macro/VBA support, formulas produce different outcomes, etc) so you'll want to use Windows.


Thanks for your reply. I understand what all of the functions are, however, what I want to know is what I will be doing in Layman's terms. I guess I would just like to know what a day-in-the-life of what I would be doing will be. I would also like to know what I should expect during the phone interview I am having on Monday. Thanks for your help on the matter


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"Your bank uses ClearXchange, not you. It is not a website where you open an account, like many others, but an inter-bank transfer system based on email addresses, kind of like free wire transfers between everyone. You don't have to set anything up, just accept the payment, and the money appears in your account (assuming the client used the email address your bank has on file for you). However, if you still don't want it, you can just ignore it. There is a timeout when his transaction gets auto-cancelled, and he gets his money back. Here is an example text from the 'fine print' (my highlighting): ""[...]We will continue our attempts by sending a second notice of a transfer to the recipient, and providing the recipient a period of nine (9) succeeding Business Days to register in the Service, or the person-to-person payment service of clearXchange, Zelle or a Network Bank. At the end of this period, if the recipient still has not registered, the transfer request will be Cancelled. The sender may cancel the transfer at any time during this ten (10) day period if the recipient is not registered at the time of cancellation.[...]"" (https://chaseonline.chase.com/Public/Misc/LAContent.aspx?agreementKey=chasenet_la)"


The idea is that paying your employees more confers benefits that are worth the cost. Paying employees more than they produce for you is (almost) always not a good idea. However, if paying higher wages has advantages, those advantages persist or are enhanced by other companies not paying higher wages.


"I can think of the following situations in which one could see a trade occur between the visible best bid & offer: 1) on a public exchange, people have posted hidden limit orders with either bid prices above the best visible bid or offers below the best visible offer, and incoming orders have executed against this hidden liquidity[1]; 2) some orders may have been matched in dark pools which offer ""mid-point matching"" where buy and sell orders are matched using the mid-point of the best available publicly posted bid and offer as the reference price, and which executed trades are then reported to the public markets; or 3) some internalising broker has traded off exchange directly with a client and is now reporting the trade to the public as is often required. Now how exactly any of the above situations indicates that a ""trend is about to come to an end"", I do not know. [1] Exchanges often match orders on a price/visibility/time basis, whereby the orders are prioritised by price (better prices get to trade first), then by visibility (visible orders get to trade first) then by time (first come, first serve)."


According to Wikipedia, import duties on goods range from 5-22% on everything but cars (30-100%) and a handful of other goods (no import duties). Since almost everything must be imported, you will still be paying the taxman, just on the consumption side.


The only way to avoid paying the corporation tax is buying a house for say $100,000 and then letting it burn down by accident. So your money is gone without anything to show for it, your profits are gone, and you pay no corporation tax. You pay corporation tax on profits. Profits that you invest are still profits.


On paper the whole 6 months living costs sounds (and is) great, but in real life there are a lot of things that you need to consider. For example, my first car was constantly falling apart and was an SUV that got 16MPG. I have to travel for work (about 300 miles per week) so getting a sedan that averages close to 40MPG saves me more in gas and maintenance than the monthly payment for the new car costs. When our apartment lease was up, the new monthly rent would have been $1685 per month, we got a 30 year mortgage with a monthly payment of $1372. So buying a house actually let us put aside more each month. We have just under 3 months of living expenses set aside (1 month in liquid assets, 2 months in a brokerage account) and I worry about it. I wish we had a better buffer, but in our case the house and car made more sense as an early investment compared to just squirreling away all our savings. Also, do you have any debt? Paying off debt (student loans, credit card debt, etc.) should often take top priority. Have some rainy day funds, of course, but pay down debts, and then create a personal financial plan for what works best in your situation. That would be my suggestion.


I know in the instance that if my MAGI exceeds a certain point, I can not contribute the maximum to the Roth IRA; a traditional IRA and subsequent backdoor is the way to go. My understanding is that if you ever want to do a backdoor Roth, you don't want deductible funds in a Traditional account, because you can't choose to convert only the taxable funds. From the bogleheads wiki: If you have any other (non-Roth) IRAs, the taxable portion of any conversion you make is prorated over all your IRAs; you cannot convert just the non-deductible amount. In order to benefit from the backdoor, you must either convert your other IRAs as well (which may not be a good idea, as you are usually in a high tax bracket if you need to use the backdoor), or else transfer your deductible IRA contributions to an employer plan such as a 401(k) (which may cost you if the 401(k) has poor investment options).


Quite a few stock broker in India offer to trade in US markets via tie-up brokers in US. As an Indian citizen, there are limits as to how much FX you can buy, generally very large, should be an issue. The profits will be taxed in US as well as India [you can claim relief under DTAA]


"Most people don't understand the fact that most of the extra ""Ticketmaster fees"" go directly to the venue/promoters of the event. Instead of charging $80/ticket, they are able to advertise $50/ticket with $25 service fee, $5 shipping fee, and $3 convenience fee. Ticketmaster gets a small slice of the overall pie and allows their brand to take a hit for it. I don't see Amazon entering the game changing much about that unless they find ways to systematically bring down scalpers."


There's no such service. The Israeli Credit Cards law is such that it will be very easy to defraud credit card issuers if such service was available. Check with the postal company if they allow doing it through their bank account, although their online service was horrible last time I checked. This is obviously country-dependent as laws differ from place to place.


I would not expect any problems. Your interest will have tax deducted at 20% which I don't think you would be entitled to reclaim because you don't get a personal allowance if you aren't resident in the UK, and unless you have a huge amount of UK earnings you would not be legally liable to any higher rates of tax so there would be no issues there. If you were liable to more tax you would be obliged to inform the Inland Revenue.


How much Federal Capital Gains, NYS Income tax and local tax should I expect to pay? You're going to net about 2.4 millions of dollars. Federal long term capital gains tax is 20% (plus 3.8% medicare), NYS is 8.82%. Does it make sense to investigate the tax benefits of financing the sale for the buyer? Yes. Have your tax adviser check the options for you (financing, instalment, etc), especially if you have no other US-sourced income. Tax treaties are also something your tax adviser should be looking at. Be sure your tax adviser is properly licensed in New York as either EA, CPA or Attorney. Don't do anything without a proper tax advice.


That's a huge misinterpretation of the theory and jumps to an incorrect conclusion. Likely small town shopping malls that have been beat by Wal-Mart and Amazon. Same average amount of people shopping in person, but for different things at different proces


"In the US, ""business class"" doesn't normally exist. Major carriers have Economy or First. And I bet you can count on one hand the number of employers who will spring for a domestic first ticket for rank-and-file employees."


Remember that due to inflation you are paying back the loan with cheaper dollars in the future. If there are no gimmicks in the loan like early payment penalties, or must pay by a certain date or that the credit was for a store that sold the products at a higher price than you could get elsewhere then you are not just getting free money they are paying you to take the money.


HP needs to knuckle down and focus on core principles if they want to survive. Time was they were synonymous with printing, they need to get back to that. Stop making disposable inkjets that are cheaper to replace than purchase ink for. Start making bulletproof hardware with 100,000 duty cycles like the old HP Laserjet 4s that many companies still run because the new stuff is shite.


"It's probably only due to a bunch of ""well can't we just over design it, market it slick, and sell the same crap our competitor does with a higher price and margin? I mean it works for Apple, right?"""


This may not help with the overall grocery issue, but I find that there are items that I can do without the name brand version of. A handy rule-of-thumb is to start with the least-expensive brand and work your way up, until you find one that your family likes. For instance, I've learned I can do without French's mustard in favour of no-name, but there's no way I can live without Kraft peanut butter.


"According to the article, the IRS issued a ""stop-work Order"" for the contract with Equifax while it undertakes an investigation. I have to assume that the contract laid out termination provisions, so it's likely that the IRS is making sure that they don't do anything which appears to be a breach of contract and gives fuel to Equifax to sue (frustrating, I know). What I really like is the statement released by Equifax following the decision by the IRS: “We remain confident that we are the best party to perform the services required in this contract."" How delusional do you have to be to make a bold statement like that after what happened?"


> and actively hacking an election I thought the jury was still out on that and the main focus was still about media manipulation and leaks intended to impact the election, not manipulating results or registration (some hackers seem to have accessed voter registration databases though..). Did I miss something? There is so much noise at the moment it's sometimes hard to spot.


"And that is exactly where the problem lies, you yourself admit you work like a horse, that you constantly are trying to improve yourself. Do you think you are the only one? Don't you think a million others are doing the same things? This is exactly where the problem arises, its a race to the bottom. Oh just learn to code, just learn another language, blablablah. That will hardly make you more competitive if a million other people are doing the same thing. Honestly, you cannot expect a million people to go through higher education again, you can't expect millions to improve their skills in a world where there are more people than jobs, in a world where everyday automation makes another chunk of the population permanently unemployable. And yes, never forget the token rich person. One random person managed to escape poverty? Ok, let's ignore all the data showing that social mobility is virtually non-existent in todays society, the system most work, if one out of 4 billion people in poverty managed to escape. Why is it such a radical idea that in a world where there are more people than jobs, in a world where food roots away, medicine keeps waiting on the shelves and many ""gentrified"" houses are empty while right next to them there are homeless people, that in such a world, a person is entitled to some food, shelter and medical aid?"


Don't worry about it, it looks like many articles written by non-native speakers. Practice makes perfect and it looks like you are heading in the correct direction. Most of the mistakes are little things like missing articles. One thing I noticed is that you could work on is articles. For instance the first sentence should be The Russian Government. Good luck!


Nowadays, you can find a lot of info about water damaged carpets so it is necessary to learn all you need to know to prevent issues. The initial action that you need to take when you have a flooded basement or home is to de-activate the gas and electricity. The structures of your home and electrical short circuit systems should be thoroughly checked for damage.


This is so messed up. One would think that those who choose to farm organically would choose to do so morally. Yet, big business has bastardized the organic conversation. This is why small local organic farms and ranches are still, and will always be the more moral and confident choice for sustainably oriented consumers.


Revenue does not equal income. Income is, more or less, synonymous with profit. It is the amount of money earned after expenses. A corporation is taxed on its revenue after its deductible expenses have been removed, the same as a person is. It's kind of double taxation, but it's kind of the same argument as saying that payroll taxes in addition to income taxes are double taxation. Also of note: taxes on dividends are lower than normal taxes because of this double taxation.


">""Engineers cant even reliably get a robot to recognize an object like a chair."" My first thought in response to your statement was that you were wrong, but then I started thinking about the very wide variety of what we consider to be a chair and I realized that thats actually quite true, especially if you include modernist or upholstered chairs in the set of chairs . However, I think thats a bad example, because not being able to do that particular task reliably and rapidly for another five years or so without spending a huge amount of money isn't going to save any particular jobs that I know of. Because we're not at the stage yet where we need to solve those particular kinds of problems. The kinds of machine vision problems that are impacting jobs are much more mundane and much easier to solve. For example, distinguishing between kinds of fruit, produce, etc. in a grocery, or determining visually if fruit is ripe, etc, in various agricultural applications."


As someone with a friend who received a cease and desist from Lego over a niche lego related product very similar to what is described, I seriously doubt that Lego has changed their notoriously litigous stance. In fact, they've tried to sue people who made products compatible with lego before and failed in court. This article is probably just spinning an awareness that they don't have a legal leg to stand on into a benevolent attitude.


Berkshire Hathaway's earnings for the last reported quarter were $6.395 billion, which works out to $822 in profit per second, 24 hours a day, seven days a week. This is directly the result of about 50 years of carefully applying the value investing philosophy.


I was in a similar situation years back and I refused to pay the bill. My point of view was that I provided the hospital with all information needed to submit the claim in a timely matter and that I should not be held responsible for their failure to do so. In the end they waived the charges. So while technically I might have been responsible for paying the charges, in reality I think they decided it wasn't worth the hassle of making me (I would have fought it all the way up to the top). Not sure that I would recommend this approach though :)


"The first thing you have to do is to decided what area in finance you want to get into. For example, investment banking and quant are very different jobs. Learning all the CFA material is useful, so you might as well take the exams too while you are at it. You may be able to get into financial IT or some type of financial programming job. That is one step closer to your goal because at least you will be at a finance company and you can network with people that are in the field. Also, if you want to go into the buy side like I did, I recommend you invest your own money and manage your own portfolio. That way you would have some intimate familiarity with some companies/strategies. You can't get this from a textbook. There is something a little wrong with someone who wants to manage other people's money when he doesn't manage his own. That is a tough sell. You can't be too picky about where you get in. Getting in the door is the most important. I got a lot of quant interviews because I was an engineer. Those interviews consist of a lot of math and brain teaser type questions. For fundamental analyst positions, they will typically want to figure out how you think about businesses/companies. You can typically steer the interview any way you want, which is why I think it is important that you invest your own money. If you say ""the largest position I hold is in XYZ company"", you can be 99% certain that they will be asking about that investment for the next 15 minutes (at least). That is your opportunity to show how you can add value. Most companies prefer students for entry level, because why hire a guy who is already working in another field when you can get someone fresh? I stood out in the interviews because I could say ""I put $50k into this position because..."". It's not the only way to do it, but I can only provide you with my anedoctal experience."


If I were a fan of Tim Hortons, I'd be concerned that BK's ownership (namely the private equity firm 3G which has a 51 per cent stake) runs Timmy's like it ran BK. A succession of private equity firms have sucked every penny of capital they could out of BK, enriching themselves and gutting BK in the process. [Fortune Magazine](http://www.google.ca/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CB8QFjAA&url=http%3A%2F%2Ffortune.com%2F2012%2F04%2F13%2Fburger-king-is-too-big-to-fix%2F&ei=hsj6U8D9MI7noATZkYLYBA&usg=AFQjCNG1accTGUmKkrd2puXwOwh2wC742w&sig2=z7oJ7iLyTacDwO7wjMlN0g&bvm=bv.73612305,d.cGU) describes what they did: >Our view is that the overriding motivation of several owners throughout the years, and now 3G Capital, has been to starve the brand of capital in order to pay parent shareholders nice and quickly... By our reckoning, the last two private equity firms that have taken ownership of the company have deprived it of $1 billion or more in capital that could have been used to improve the company’s relative standing versus its competitors, many of whom Burger King now struggles to keep up with. [Bloomberg Businessweek](http://www.businessweek.com/stories/2006-04-09/burger-king-wheres-the-beef) describes how they did it: >... this past February [2006], Burger King borrowed an additional $350 million so its owners could pay themselves and its two partners a special $367 million dividend. The private equity owners weren't content to raid BK's bank account for everything in it. They borrowed hundreds of millions of additional dollars, piling debt onto a struggling burger chain just to give that money to themselves. Burger King is a shitty, uncompetitive burger chain with an outdated menu, dilapidated stores, and invisible marketing. Tim Hortons may be just the next victim for these private equity vampires to suck dry after wringing out all the capital and debt they could out of BK.


If you go through the web pages of some online brokers, you will find out that some of them allow you to manage friends/relatives accounts from your account as a trusteer. That should really solve your underlying problem, you will need only one login, etc. (Example: https://www.interactivebrokers.com/ff/en/main.php) If I understand it right it will even allow you to make one trade splitting the cost and returns among the other accounts, but you would have to verify that. Anyways, that will save you a lot of trouble and your broker can probably help you with the legal necessities.


Everyone complaining about fraud and jail time have no idea what they are talking about. Fraud in a financial sense is very difficult to prove. It is also very expensive to litigate. Furthermore, there is little evidence there was any actual fraud. Rather a number of things just went wrong. At the time, you had the Chairman of the Federal Reserve Ben Bernanke and the Treasury Secretary Henry Paulson both going on TV saying subprime wasn't an issue and even if it was it wouldn't affect the wider mortgage market. The regulators knew what was going on and did nothing at the time because none of the economic models anyone used showed we would go into recession.


"I think the answer to this is just ""no."" It's not commonly available to have the option to obtain a mortgage at a fixed amount and fixed rate, especially over a timeframe like the 5 yrs you mentioned in your question. There would be several practical problems with such a thing, including but not limited to: As was noted in a comment to your question, it is common to be able to ""lock"" a rate over a period of days to weeks. This isn't the same as what you asked though, because it's much shorter term and it's typically tied to having an offer accepted on a specific house."


Put it in the bank and earn the meager interest rate. By far your most important investment is finishing your education and as such this money might be needed to do so. If you don't need the money during your education you will undoubtedly need it for a new apartment/furnishings/moving expenses.


"If you are looking for numerical metrics I think the following are popular: Price/Earnings (P/E) - You mentioned this very popular one in your question. There are different P/E ratios - forward (essentially an estimate of future earnings by management), trailing, etc.. I think of the P/E as a quick way to grade a company's income statement (i.e: How much does the stock cost verusus the amount of earnings being generated on a per share basis?). Some caution must be taken when looking at the P/E ratio. Earnings can be ""massaged"" by the company. Revenue can be moved between quarters, assets can be depreciated at different rates, residual value of assets can be adjusted, etc.. Knowing this, the P/E ratio alone doesn't help me determine whether or not a stock is cheap. In general, I think an affordable stock is one whose P/E is under 15. Price/Book - I look at the Price/Book as a quick way to grade a company's balance sheet. The book value of a company is the amount of cash that would be left if everything the company owned was sold and all debts paid (i.e. the company's net worth). The cash is then divided amoung the outstanding shares and the Price/Book can be computed. If a company had a price/book under 1.0 then theoretically you could purchase the stock, the company could be liquidated, and you would end up with more money then what you paid for the stock. This ratio attempts to answer: ""How much does the stock cost based on the net worth of the company?"" Again, this ratio can be ""massaged"" by the company. Asset values have to be estimated based on current market values (think about trying to determine how much a company's building is worth) unless, of course, mark-to-market is suspended. This involves some estimating. Again, I don't use this value alone in determing whether or not a stock is cheap. I consider a price/book value under 10 a good number. Cash - I look at growth in the cash balance of a company as a way to grade a company's cash flow statement. Is the cash account growing or not? As they say, ""Cash is King"". This is one measurement that can not be ""massaged"" which is why I like it. The P/E and Price/Book can be ""tuned"" but in the end the company cannot hide a shrinking cash balance. Return Ratios - Return on Equity is a measure of the amount of earnings being generated for a given amount of equity (ROE = earnings/(assets - liabilities)). This attempts to measure how effective the company is at generating earnings with a given amount of equity. There is also Return on Assets which measures earnings returns based on the company's assets. I tend to think an ROE over 15% is a good number. These measurements rely on a company accurately reporting its financial condition. Remember, in the US companies are allowed to falsify accounting reports if approved by the government so be careful. There are others who simply don't follow the rules and report whatever numbers they like without penalty. There are many others. These are just a few of the more popular ones. There are many other considerations to take into account as other posters have pointed out."


This is taxed as ordinary income. See the IRC Sec 988(a)(1). The exclusion you're talking about (the $200) is in the IRC Sec 988(e)(2), but you'll have to read the Treasury Regulations on this section to see if and how it can apply to you. Since you do this regularly and for profit (i.e.: not a personal transaction), I'd argue that it doesn't apply.


Just looking at CONED, [here is gas](https://www.coned.com/_external/cerates/documents/average_monthly_gas_bills.pdf) and [here is electric](https://www.coned.com/-/media/files/coned/documents/accountandbilling/about-your-bill-rates/average_monthly_electric_bills.pdf). You'll have to forgive me -- when it comes to NY, I'm more familiar with gas and with residential rates, so what I said doesn't hold true across the board for electric commercial customers. For residential electric, starting in 2009, delivery started outpacing commodity charges; by 2015 (not sure why they haven't posted 2016 data yet), $29 worth of electricity cost you $49 in delivery charges. For residential gas, the flip occurred in 2010 and was much more significant -- in 2016, a customer whose bill is just over $100 paid $75 for delivery and $25 for the actual gas (part of that is that gas prices are low, part of it is that delivery costs have gone up nearly 50%). Each utility is different, so the [gas info is here](http://www3.dps.ny.gov/W/PSCWeb.nsf/All/85297E80413DBEDB852581A6006261BE?OpenDocument) and the [electric info is here](http://www3.dps.ny.gov/W/PSCWeb.nsf/ArticlesByTitle/0B9E6D4CE48E09EE852578570055E27B?OpenDocument) if you're interested. I'm not sure about primers -- I haven't really looked for them -- but I know that many companies and brokers do have some materials on their websites. For electricity in particular, I'm much more familiar with Texas than New York, but a lot of the principles are the same: look at your bills and make sure you understand all the charges and what your usage/demand is (especially over the course of a year), look up the [utility tariff](http://www3.dps.ny.gov/W/PSCWeb.nsf/ArticlesByTitle/1ABA5E2E4E08F72585257687006F3AB1?OpenDocument), and make sure everything lines up. I harp on demand charges (a charge based on your peak energy usage during any set interval of time -- 15 minutes in TX, not sure about NY) because that's where commercial customers can get stuck paying really high charges.


"> This is an idea that was actually put into place more than a 100 years ago, in 1896 and even before, when the first electric cars were introduced and they even built ""service stations"" for them so you can swap the batteries. [read it here] > Even electric cars made by Tesla are nothing new. > And recently, a company called ""Better Place"", in Israel, produced modern electric cars with automated and robotic service stations that will swap the batteries for them. Read about ""Better Place"". > Bottom line: nothing new here for more than 100 years."


"The question is, how do I exit? I can't really sell the puts because there isn't enough open interest in them now that they are so far out of the money. I have about $150K of funds outside of this position that I could use, but I'm confused by the rules of exercising a put. Do I have to start shorting the stock? You certainly don't want to give your broker any instructions to short the stock! Shorting the stock at this point would actually be increasing your bet that the stock is going to go down more. Worse, a short position in the stock also puts you in a situation of unlimited risk on the stock's upside – a risk you avoided in the first place by using puts. The puts limited your potential loss to only your cost for the options. There is a scenario where a short position could come into play indirectly, if you aren't careful. If your broker were to permit you to exercise your puts without you having first bought enough underlying shares, then yes, you would end up with a short position in the stock. I say ""permit you"" because most brokers don't allow clients to take on short positions unless they've applied and been approved for short positions in their account. In any case, since you are interested in closing out your position and taking your profit, exercising only and thus ending up with a resulting open short position in the underlying is not the right approach. It's not really a correct intermediate step, either. Rather, you have two typical ways out: Sell the puts. @quantycuenta has pointed out in his answer that you should be able to sell for no less than the intrinsic value, although you may be leaving a small amount of time value on the table if you aren't careful. My suggestion is to consider using limit orders and test various prices approaching the intrinsic value of the put. Don't use market orders where you'll take any price offered, or you might be sorry. If you have multiple put contracts, you don't need to sell them all at once. With the kind of profit you're talking about, don't sweat paying a few extra transactions worth of commission. Exercise the puts. Remember that at the other end of your long put position is one (or more) trader who wrote (created) the put contract in the first place. This trader is obligated to buy your stock from you at the contract price should you choose to exercise your option. But, in order for you to fulfill your end of the contract when you choose to exercise, you're obligated to deliver the underlying shares in exchange for receiving the option strike price. So, you would first need to buy underlying shares sufficient to exercise at least one of the contracts. Again, you don't need to do this all at once. @PeterGum's answer has described an approach. (Note that you'll lose any remaining time value in the option if you choose to exercise.) Finally, I'll suggest that you ought to discuss the timing and apportioning of closing out your position with a qualified tax professional. There are tax implications and, being near the end of the year, there may be an opportunity* to shift some/all of the income into the following tax year to minimize and defer tax due. * Be careful if your options are near expiry! Options typically expire on the 3rd Friday of the month."


That's not why they are mad. From the article: 'However, Oliver found court documents stating Alpha later asked its bankruptcy trustee if the coal company could save $3 million by cutting health and life insurance benefits of around 1,200 non-union retirees — so that the company could then pay $11.9 million in bonuses to fifteen top executives, including Crutchfield.'


The solution is clear: You need to find a second job and work on the weekends and use that to pay off your debt. You're only 25, you need to scrimp every ounce of your extra energy and pay off your debts by age 30. You can do it by working a second job, and by working harder at your current job and getting promotions and raises.


Jimmy sinh ra trong một gia đình đều làm giáo viên, quan điểm kiếm ra những đồng tiền chân chính được hình thành từ nền giáo dục của gia đình. Nghèo cho SẠCH … rách cho THƠM => chính là thông điệp mà Jimmy truyền tải tới các ace đang hoạt động trong nghề Tư vấn Đầu tư. Nhớ lại thời kỳ đầu tham gia nghề tư vấn, phải tới tháng 3 năm 2010 thì Jimmy mới có thu nhập từ việc cung cấp chiến lược đầu tư và tiền thưởng khi gỡ lệnh thành công cho Nhà đầu tư. Tuy những đồng tiền đó không ổn định nhưng đã thúc đẩy cho Jimmy niềm hạnh phúc khi đến với thị trường đầu tư Vàng Tài Khoản.


"Wow, I cannot believe this is a question. Of course reading the 10Ks and 10Qs from the SEC are incredibly beneficial. Especially if you are a follower of the investing gurus such as Warren Buffett, Peter Lynch, Shelby Davis. Personally I only read the 10K's I copy the pertinent numbers over to my spreadsheets so I can compare multiple companies that I am invested in. I'm sure there are easier ways to obtain the data. I'm a particular user of the discounted free cash flow methodology and buying/selling in thirds. I feel like management that says what they are going to do and does it (over a period of years) is something that cannot be underestimated in investing. yes, there are slipups, but those tend to be well documented in the 10Qs. I totally disagree in the efficient market stuff. I tend to love using methodologies like Hewitt Heisermans "" It's Earnings that Count"" you cannot do his power-staircase without digging into the 10Qs. by using his methodology I have several 5 baggers over the last 5 years and I'm confident that I'll have more. I think it is an interesting factoid as well that the books most recommended for investing in stocks on Amazon all advocate reading and getting information from 10Ks. The other book to read is Peter Lynch's one-up-wall-street. The fact is money manager's hands are tied when it comes to investing, especially in small companies and learning over the last 6 years how to invest on my own has given me that much more of my investing money back rather than paying it to some money manager doing more trades than they should to get commision fees."


If you buy a car using a loan, the dealer gets benefited by the financing institution by the way of referring fee paid to the dealer by the institution, and that too if the dealer has helped in financing the purchase. Otherwise for the dealer it doesn't matter if one pays in full or through financing. The dealer is paid in full in either cases. Hence the dealer may slightly get disappointed that you are not taking a loan.


I'd imagine you want to keep the utility bills around to dispute any historical billing errors or anomalies for perhaps 6 months to a year. Beyond that, you always have the financial records of making the payments -- namely, your bank statements. So what benefit is there in keeping the paper receipts for utility payments around for longer than that? I say shred them, with extreme prejudice -- while wearing black Chuck Norris style.


You cannot. Even if your children actually have that money - your fiduciary duty is to them, not to yourself. You cannot gift away money they own for your own purposes. They have to want to gift it away, since it belongs to them. I doubt they do, or they should. Since you have to have their best interests in mind - you shouldn't allow them gift away such amounts even if they're willing to. Doing otherwise will be a criminal act on your behalf (embezzlement/breach of fiduciary duty). Do talk to an attorney of course, since I'm not. But that is my understanding of things. If your kids don't actually have the money, then they can obviously not gift it, so claiming that they did would be a tax fraud.


"This. People that aren't making much think ""Wow - $100k is so much money. If I made that much I'd never have to worry about money again."" Then they start making that much and realize it doesn't stretch nearly as far as they think it will. Biggest problem, of course, is taxes take an ever bigger bite."


"It comes down to the resolution you want to have on your personal finances. A package like GNUCash allows you to easily answer questions like ""Exactly how much do I spend on interest per month/year/decade."" Same with pretty much any other expense, liability or asset you have whether it be taxes, utilities, your home equity or your net worth. The other tools you mention are nice, and certainly convenient, but they tend to lump things together in broad strokes and omit many categories altogether (taxes). Ultimately by having such a fine grained accounting tool, you can target small or large things to better budget your money. Another thing a package like GNUCash provides is a single, private place to consolidate all of your finances. This is nice for things like net worth and asset accounts that you might not want to give a company access to. Finally, GNUcash in particular helps normal people think like accountants. Rather than lump everything into 'income' and 'expenses', once you start using GNUCash you'll start thinking in terms of equity, liabilities, net-worth and assets in addition to income and expenses. This gives me a much more accurate view of my finances and helps me better target areas for improvement. In short, it helps me to see the broader picture which helps me to keep my eye on the prize - which of course is to not have to worry about money at all."


The formula you need is: M = (r * PV) / (1 - ((1+r)^(-n))) M = monthly payment ($350) r = interest per period (7.56% / 12) = 0.63% n = number of periods (36 months) PV = present value, or here, your max loan amount given M Therefore: $350 = (0.63% * PV) / (1 - ((1+0.63%)^(-36))) The denominator on the right ends up equal to ~ 0.2025 when you do the math in your calculator. Carry that over to the by multiplying both sides of the equation by 0.2025 This results in $70.82 = 0.63% * PV Divide $70.82 by 0.63% to get PV = $11,242 (roughly). Hope this helps explain it algebraically!!


"(I answered a similar question before.) Essentially, you shouldn't trust a site you find on the Internet merely because it looks professional and real. Before signing up with any new service provider you found online, you should verify the authenticity of both the organization itself and their web site address. Even if the name displayed by a web site represents a legitimate brokerage firm, any site you happen to come across on the Internet could be an elaborate spoof of a real company, intended to capture your personal details (or worse). First, to check if a brokerage firm is in fact registered to trade securities – in the United States – you can consult FINRA's BrokerCheck online service. This might be the first of many checks you should undertake ... after you convince yourself that FINRA is legitimate. A meta-problem ;-) Then, if you want to know if the web site address is authentic, one way is to contact that broker offline using the contact information found from a trusted source, such as the FINRA BrokerCheck details. Unfortunately, those details do not currently appear to contain the broker's web site URL. (Else, that could be useful.) Another thing to look at is the site's login or sign-up page, for a valid SSL certificate that is both issued to the correct legal name of the brokerage firm as well as has been signed by a well-known certificate authority (e.g. VeriSign). For a financial services firm of any kind, you should look for and expect to see an Extended Validation Certificate. Any other kind of certificate might only assert that the certificate was issued to the domain-name owner, and not necessarily to an organization with the registered legal name. (Yes, anybody can register a domain with a similar name and then acquire a basic SSL certificate for that domain.) FWIW, Scottrade and ShareBuilder are both legitimate brokers (I was aware already of each, but I also just checked in the FINRA tool), and the URLs currently linked to by the question are legitimate web site addresses for each. Also, you can see their EV certificates in action on secured pages here and here. As to whether your investments with those brokers would be ""safe"" in the event of the broker failing (e.g. goes bankrupt), you'll want to know that they are members of the Securities Investor Protection Corporation (Wikipedia). (Of course, this kind of protection doesn't protect you if your investments simply go down in value.) But do your own due diligence – always."


As long as they don't hold your package and drive around with it when it's early I'll be happy. I know it's a first world problem but my phone sat in a hot truck for 2 days and drove around rural Minnesota because it got to the local sorting stating 2 days ahead of schedule.


"The companies with the highest level of costumers that are able to stay under the limit for fuel will be able to draw the larger Revenue/Expense ratio (or what Obama calls it Profit to Earnings Ratio). This will make it easy for medium size companies to make the most money. Larger companies will still make money but will be ""pushed down"" because they have to pay that extra tax because they will reach the Cap of the Cap & Trade policy. This doesn't mean Companies with the lowest emissions will have to lowest prices. The larger companies will still have the decent prices. A company may have horrible engines but they don't fly so much they will not hit the cap in the cap & Trade so they wont have to pay that extra tax the larger companies do. So a company may start and grow very fast but once they get big enough they will start slowing down because of the government. Edit: last 2 paragraphs"


Yes, but unless they had prior legal experience they would still have to hire a lawyer to help them out. And even when they won, it is not certain that they would recover any money. The licensing fee amount was chosen to be low enough to make it not worth the potential risk of getting into a lawsuit.


The whole point about outsourcing things is that the people who are most efficient at doing something end up doing that thing. It's an ongoing improvement process, but we're getting products at lower cost AND getting back our customer service as a result of outsourcing.


Under Income Tax Act, tax liability depends on residency as defined under section 6 of the Income Tax Act, and not on citizenship. If you are resident in India, then your global income is taxable. As it appears from your question, you are not resident of India (182 days stay in India in a FY), as such you will have absolutely no tax liability for whatever income you earn outside India.


> Good CEOs need to have a good grasp on accounting, finance, marketing, strategy, human resources and problem solving. President Trump has been a CEO of a big company most of his life. Do you think he has a good grasp on accounting, finance, marketing, strategy, human resources, and problem solving?