"Yeah, I saw a similar article back in 1976 (and several times since).  But then they used the correct word ""exponential"" to refer to growth.  Ironically the author may end up being correct by using ""parabolic"" -- which is the type of curve you see with ""bubbles"", as the slow towards the peak and then begin descending with increased rapidity on the other side.  And (alas) solar electric power generation placements are very likely to follow THAT curve -- as the investments fail to pay off, people begin to realize that (despite the claims) it is *not* a viable long-term base of power-generation, and so begin to not only reduce investment, but to abandon and even scrap projects as the long term costs mount."


This: I was told by my broker that the amount of money I invest would be spread across multiple banks (which are FDIC insured) so that at each bank the amount would not exceed $250K. Has nothing to do with this: Is this how CDs offered by brokerage houses (that are not themselves FDIC insured) offer protection? If you want a CD, get the CD from a bank itself.


"That's a tricky question and you should consult a tax professional that specializes on taxation of non-resident aliens and foreign expats. You should also consider the provisions of the tax treaty, if your country has one with the US. I would suggest you not to seek a ""free advice"" on internet forums, as the costs of making a mistake may be hefty. Generally, sales of stocks is not considered trade or business effectively connected to the US if that's your only activity. However, being this ESPP stock may make it connected to providing personal services, which makes it effectively connected. I'm assuming that since you're filing 1040NR, taxes were withheld by the broker, which means the broker considered this effectively connected income."


More should go down that valley! Well done! And Lo and Behold - there are no management issues. Apparently, people are responsible and can work independently with no micro-management.  Nobel for this discovery in order! Oh, and no leadership motivational nonsense....Totally wowed!


"Although I only cited product quality, I'm trying to think of examples of companies that incorporated and then immediately improved product quality, fostered good will, and treated its employees better than when they were private. None come to mind, can you think of any?  Perhaps ""almost always"" was a bit of hyperbole, but in matters of cost vs. quality I'd expect publicly traded companies to prioritize short-term shareholder profit (or be sued by said shareholders.) Private companies can have more of a vested interest in the good will of their employees, product quality, and can make decisions that benefit themselves and society long-term because they do not have this fiduciary responsibility.   Have you ever seen the documentary [*the Corporation*](http://www.thecorporation.com/index.cfm?page_id=46)? They make a compelling case that if corporations were people they'd be sociopaths (according to the ASM.)"


##Toll road A toll road, also known as a turnpike or tollway, is a public or private roadway for which a fee (or toll) is assessed for passage. It is a form of road pricing typically implemented to help recoup the cost of road construction and maintenance.  Toll roads in some form have existed since antiquity, collecting their fees from passing travellers on foot, wagon or horseback; but their prominence increased with the rise of the automobile, and many modern tollways charge fees for motor vehicles exclusively. The amount of the toll usually varies by vehicle type, weight, or number of axles, with freight trucks often charged higher rates than cars.  ***  ##Free-market roads Free-market roads is the theory that a society should have entirely private and/or community owned roads.  Free-market roads and infrastructure are generally advocated by anarcho-capitalist works, including Murray Rothbard's For a New Liberty, Morris and Linda Tannehill's The Market for Liberty, David D. Friedman's The Machinery of Freedom, and David T. Beito's The Voluntary City.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&message=Excludeme&subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove


You havent indicated the duration of your visit. The best way to do this is carry GBP. Exchange this into local currencies in the Thailand/Indonesia. Do not convert at Airport as the rates are bad. Go around shopping for rates. Most of the malls have tons of delears, bargain hard to get a good price.   For hotel stay, most of the hotels in Thailand/Indonesia charge you a USD rate for room. You can check with them, if so its better to get a Pre-paid USD card or even if you swipe your regular card, you would get a decent rate for USD-GBP. The other option to make hotel payments is using Travellers cheques.


"Currently, there is simply no reason to do so. It's not a problem. It is no more of a problem or effort to denote ""5,000"" than it is to denote ""50.00"". But if there were a reason to do so, it wouldn't be all that difficult. Of course there would be some minor complications because some people (mostly old people presumably) would take time getting used to it, but nothing that would stop a nation from doing so. In Iceland, this has happened on several occasions in the past and while Iceland is indeed a very small economy, it shouldn't be that difficult at all for a larger one. A country would need a grace period while the old currency is still valid, new editions of already circulating cash would need to be produced, and a coordinated time would need to be set, at which point financial institutions change their balances. Of course it would take some planning and coordination, but nothing close to for example unifying two or more currencies into one, like the did with the euro. The biggest side-effect there was an inflation shot when the currencies got changed in each country, but this can be done even with giant economies like Germany and France. Cutting off two zeros would be a cakewalk in comparison. But in case of currencies like the Japanese Yen, there is simply no reason to take off 2 zeros yet. Northern-Americans may find it strange that the numbers are so high, but that's merely a matter of what you're used to. There is no added complication in paying 5.000 vs. 50 at a restaurant, it merely takes more space on a computer screen and bill, and that's not a real problem. Besides, most of the time, even in N-America, the cents are listed as well, and that doesn't seem to be enough of a problem for people to concern themselves with. It's only when you get into hyper-inflation when the shear space required for denoting prices becomes a problem, that economies have a real reason to cut off zeros."


The buyer pays $1.99/share for the option of selling a share of AMD to the seller for $10 which is currently $1.94 higher than the price of $8.06/share.  If you bought the put and immediately exercised it, you would come out of the deal losing $.05/share.


"The main pros are more than that. They are  1: stability of prices and interest rates (otherwise these would swing wildly with the economic cycle) 2: Guarantee of trustable legal tender. (otherwise, what's to say for sure that paper money would be any better than say... paying in chicken feed) 3: the employment and output effects of monetary policy. 4: Currency price stability relative to foreign currencies.    Also... it might be a good idea to look who is in favor of Central Banks and who is against.  In favor:  All mainstream economists from any of the major schools (Keynesian, Austrian, Neo-classical, historical, monetarist, ect.)  Against: Lyndon LaRouche, Ron Paul, and Right-wing conspiracy nuts.   Also, last time I checked, currency value of the USD wasn't really the US's biggest problem, even even a problem at all really. Also consider what ""currency"" actually is, before worry about its value."


I didn't realize that! Thanks for the correction. A bit of google-fu provided this:  >[Stolen funds may be covered by what's called a banker's blanket bond, which is a multi-purpose insurance policy a bank purchases to protect itself from fire, flood, earthquake, robbery, defalcation, embezzlement and other causes of disappearing funds. In any event, an occurrence such as a fire or bank robbery may result in a loss to the bank but should not result in a loss to the bank's customers.](http://www.fdic.gov/consumers/consumer/information/fdiciorn.html)


Small companies are competing with huge corporations with small comparable fixed costs, so they turn to temp agencies that, due to size, can offer a basket of benefits a small company cannot, but at the expense of the laborer, who is now competing with a much larger labor pool, keeping wages low.  Wages aren't increasing because the competition in the labor market is for better benefits, not for workers.


And holy crap the comments have a lot of assholes.  I'm happy to see Coakley going after shady bank practices.  Who owns the mortgages on houses isn't always cut and dry.  Banks don't want to deal with that but they're more than happy to foreclose.


Yes, all the house footage is treated the same. The use of home is a (suspected) audit trigger, so do consult with a tax professional if you want to take this deduction. From the statute (IRC Sec. 280A): The term dwelling unit includes a house, apartment, condominium,   mobile home, boat, or similar property, and all structures or other   property appurtenant to such dwelling unit.


To generate a passive income you need lots of TIME or MONEY, you are short of both. As other people have said, do whatever you can to reduce you spending and start saving.  Don’t think “I work very hard, therefore I deserve xxx”, start thinking “x cost y hrs of work, is it truly worth it?”   (Remember to consider your take home pay per hr, not you before tax pay!) What would it take to get paid more per hr in one of your jobs?  Maybe investing a little time/money in training would increase your pay.  Doing your job a little better can often lead to a good outcome. (I see from your profile that you are a new computer programmer; I assume that one of your jobs is programming, if so put your time and effort into it.   As you become more skilful within a few years you will start earning more.   Maybe even give up one of the other jobs by spending less so you can do better at programming) Then as your incomes goes up, don’t allow your spending to increase, save the additional money.


According to this FAQ published by the state of Delaware, your annual filing fees will be: Anything above and beyond that is based on company income. If you decide to file an LLC in Delaware instead of a Corporation your annual tax is $300. As others have mentioned in comments to your original question it's worth exploring your home state or other states. Delaware is commonly used to incorporate, but if you're very small or just starting out then often times your home state can be more favorable and less costly.


"There are several such ""lists."" The one that is maintained by the company is called the shareholder registry. That is a list that the company has given to it by the brokerage firms. It is a start, but not a full list, because many individual shareholders hold their stock with say Merrill Lynch, in ""street name"" or anonymously. A more useful list is the one of institutional ownership maintained by the SEC. Basically, ""large"" holders (of more than 5 percent of the stock) have to register their holdings with the SEC. More to the point, large holders of stocks, the Vanguards, Fidelitys, etc. over a certain size, have to file ALL their holdings of stock with the SEC. These are the people you want to contact if you want to start a proxy fight. The most comprehensive list is held by the Depositary Trust Company. People try to get that list only in rare instances."


Before this turns into a statistics argument, I want to share some keen insights that nobody is aware of:  * Causation is not correlation * The average is not the same as the median  Just to get that out of the way, as both are likely to be central to somebody's argument eventually.  (/s - didn't think I needed this but you never know on this sub).


At the moment the interest rate... implies a variable rate mortgage.  I believe rates are only going to go up from here. So, if I were in your position, I would pay off the mortgage first.  If you don't have 3-6 months in savings for an emergency, I would invest that much money in low risk investments.  Anything remaining I would invest in a balanced portfolio of mutual funds. The biggest benefit to this is the flexibility it gives you.  Not being burdened by a monthly mortgage frees you up to invest.  This may be in your stock portfolio each month or it may be in your community or charitable causes. You have financial margin.


Massively over-promising pensions are a problem in numerous states.  California has done this so catastrophically that they could easily be seen as a qualitatively different than others (not just a bit worse but so systemically damaging that it is a different type of problem than most states face).


The median price of a new home increased 6.3 percent in July from a year ago to $313,700. In contrast, annual wage growth has struggled to break above 2.5 percent.  As someone saving for a house, I'm watching neighborhoods priced out of my budget which were affordable 5 years ago, even 2 years ago.


Here are the specific Vanguard index funds and ETF's I use to mimic Ray Dalio's all weather portfolio for my taxable investment savings. I invest into this with Vanguard personal investor and brokerage accounts. Here's a summary of the performance results from 2007 to today:  2007 is when the DBC commodity fund was created, so that's why my results are only tested back that far. I've tested the broader asset class as well and the results are similar, but I suggest doing that as well for yourself. I use portfoliovisualizer.com to backtest the results of my portfolio along with various asset classes, that's been tremendously useful. My opinionated advice would be to ignore the local investment advisor recommendations. Nobody will ever care more about your money than you, and their incentives are misaligned as Tony mentions in his book.  Mutual funds were chosen over ETF's for the simplicity of auto-investment.  Unfortunately I have to manually buy the ETF shares each month (DBC and GLD). I'm 29 and don't use this for retirement savings. My retirement is 100% VSMAX. I'll adjust this in 20 years or so to be more conservative. However, when I get close to age 45-50 I'm planning to shift into this allocation at a market high point.  When I approach retirement, this is EXACTLY where I want to be. Let's say you had $2.7M in your retirement account on Oct 31, 2007 that was invested in 100% US Stocks. In Feb of 2009 your balance would be roughly $1.35M. If you wanted to retire in 2009 you most likely couldn't. If you had invested with this approach you're account would have dropped to $2.4M in Feb of 2009.  Disclaimer: I'm not a financial planner or advisor, nor do I claim to be. I'm a software engineer and I've heavily researched this approach solely for my own benefit. I have absolutely no affiliation with any of the tools, organizations, or funds mentioned here and there's no possible way for me to profit or gain from this. I'm not recommending anyone use this, I'm merely providing an overview of how I choose to invest my own money. Take or leave it, that's up to you. The loss/gain incured from this is your responsibility, and I can't be held accountable.


My recent Sears experience was exactly that: depressing.  I had an aging Willy Loman-esque sales clerk who begged us to give him good feedback on the survey or he'd get written up.  The desperation made me really uncomfortable.


"I am going to skip over the potential debate on ""zero-sum"" taxes and regulation because you are missing my point.  I don't understand ***why that matters***.  If Person A and Person B both have lives that are improving, is it that big of deal that Person A's life is improving faster than Person B other than jealousy?  Both people are better off today than they were yesterday.  That is a good thing.  If real wages in the middle and lower classes were falling I would see a huge issue with that, but that is not what is happening."


"This is the best tl;dr I could make, [original](https://arstechnica.com/tech-policy/2017/09/isps-want-supreme-court-to-kill-title-ii-net-neutrality-rules-now-and-forever/) reduced by 90%. (I'm a bot) ***** > Under President Obama, the FCC&#039;s Democratic majority reclassified home and mobile broadband providers as common carriers under Title II of the Communications Act in order to enforce net neutrality rules.  > The broadband industry lost its first attempt to overturn the Title II net neutrality order last year when a three-judge panel at the US Court of Appeals for the District of Columbia Circuit upheld the FCC decision.  > The vast majority of petitions are denied, and FCC Chairman Ajit Pai&#039;s plan to revoke the net neutrality rules may make it less likely for the Supreme Court to intervene.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73k7jr/isps_gutting_netneutrality_is_functionally_a/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~219916 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*: **FCC**^#1 **service**^#2 **Court**^#3 **rule**^#4 **Broadband**^#5"


A Company start with say $100. Lets say the max it can borrow from bank is $100 @ $10 a year as Interest. After a years say, On the $200 the company made a profit of $110. So it now has total $310 Option 1: Company pays back the Bank $100 + $10. It further gave away the $100 back to shareholders as dividends. The Balance with company $100. It can again start the second year, borrow from Bank $100 @ 10 interest and restart.   Option 2: Company pays back the Bank $100 + $10. It now has $200. It can now borrow $200 from Bank @ $20. After a year it makes a profit of $250. [Economics of scale result $30 more] Quite a few companies in growth phase use Option 2 as they can grow faster, achieve economies of scale, keep competition at bay, etc Now if I had a share of this company say 1 @ $1, by end of first year its value would be $2, at the end of year 2 it would be $3.3. Now there is someone else who wants to buy this share at end of year 1. I would say this share gives me 100% returns every year, so I will not sell at $2. Give me $3 at the end of first year. The buyer would think well, if I buy this at $3, first year I would notionally get $.3 and from then on $1 every year. Not bad. This is still better than other stocks and better than Bank CD etc ... So as long as the company is doing well and expected to do well in future its price keeps on increasing as there is someone who want to buy. Why would someone want to sell and not hold one: 1. Needs cash for buying house or other purposes, close to retirement etc 2. Is balancing the portfolio to make is less risk based 3. Quite a few similar reasons   Why would someone feel its right to buy: 1. Has cash and is young is open to small risk 2. Believes the value will still go up further 3. Quite a few similar reasons


"Besides what others have mentioned, another thing to watch out for is the tax withholding on withdrawal. If it's a Traditional IRA, they will probably withhold a certain percentage on non-qualified withdrawals. I am not sure if you can ask them not to withhold. I don't remember the percentage, and it varies by state, but let's assume it is 20%. That means that you only receive 80% of the withdrawal amount when you take it out. However, when you deposit the money to complete the ""rollover"", you need to give them 100% of the withdrawal. That means (assuming the 20% withholding) you need to fork out cash equal to 125% of what you received in cash, within 60 days! That's like several hundred percent APR and hard to meet unless you are certain of receiving a large payment within the time period. And if you forget about this, and you just deposit the same amount that you received (80% of the withdrawal), the remainder (20% of the withdrawal) will count as an early withdrawal, with all the taxes and penalty. So what happens to the 20% withheld that you never received but had to pay anyway? Well, the government has it. It will count as tax paid on your tax return, so it will increase your refund/decrease the amount you owe, but that means you are out that money until tax time! (Unless you decrease the withholding on your salary in the rest of the year to compensate.) If it's a Roth IRA withdrawal on the contribution, there is generally no withholding, so you don't have to worry about the above. (But there is no penalty on withdrawal of Roth IRA contribution anyway.)"


Setback for businesses? Please. It's clear someone has bought into the DNC and GOP's crony capitalist lies.  This bill is staunchly pro consumer. In fact, it's pro honest business. It's only a setback for businesses who actively screw their consumers.   I'm a libertarian, but even I can recognize this regulation as an all around win for society.


> Every Yelp businesses gets same Yelp treatment.  This statement is untrue. I want people to see something fun.  I live in LA and am on Yelp quite a bit. After having used Yelp for years, I needed to buy a particular couch. That got me into looking for interior designers, and I stumbled upon this wonderful person:  http://www.yelp.com/biz/asd-interiors-burbank-2  Wow - one star. That's horrid. Why would I ever **20 filtered reviews**. Uh. Ok - let's see what happened here.  *20 five star reviews, written at different dates and times by different people who are clearly not bots. The only non-filtered review is a one-star review.*  Yelp is one of the most evil businesses I've ever seen, because they've so casually buried her. You could make a case for many of those 5 star reviews - they're all the only review the person has ever posted, etc. But I see a few in there from people with MANY reviews and MANY friends. Those aren't fake, and there's NO WAY you could have designed a filter to remove them automatically. Look at the review by Monica A. Tell me that a filter caught that review.  Yelp, as a business, intentionally sinks small businesses if they don't agree to the shakedown. It's amazing to see it so clearly. Hope you enjoy the example.


I have children.  I’m not saving a dime for their college tuition.  With the exception of some technical degrees, I think college is not a great source of education. When I reflect on where I obtained the most knowledge I come up with two major sources: work and my own self education.  I have a Master’s degree but working has, by far, taught me more than any school system.  That includes bagging groceries, baling hay, painting, factory work, engineering, and programming.  Doing something, working with others, making mistakes, and then learning from those mistakes educates more than listening to someone preach in a classroom.  My own interest in history and economics has also expanded my knowledge more than any classroom. If my children learn anything from me I hope it is this: think.  Watch, listen, read, and then think.  Think for yourself.  Don’t let others think for you.  I believe there would be a lot less heavily indebted college graduates if they would have thought for themselves instead of having others think for them. Soapbox = off.


At MASAI AUTO CITY we have developed a unique system to find the used car you are looking for. We have thousands of used car deals to choose from, but above all, a scoring system that assesses whether or not the price of the vehicle, with respect to its characteristics, is in the market. And as we know you can buy used car. If you have doubts about the price you can access our price appraiser here. We are very concerned about the used car advertisement that we have and that is why we check all of them manually before publishing them.


> I know the last one was due to cocaine, which really doesn't make sense to me but it's a barrier that the company is not getting rid of because if you are not able to get clean even just long enough to get hired there is a good chance of other issues as an employee  Yup.  I was friendly with a lady at a fortune 500 who ran drugs tests.  She said if you can't not do cocaine for 3 days before the test you have a problem.  At this company they didn't care about pot.  It was just cocaine/meth, etc.


"Um... I wonder why Monsanto has a provision in their licensing contracts to restrict purchasers from replanting seeds from year to year? Must be because no one ever replants seeds...  Go have a look at the Monsanto vs Schmeiser case. Not all, but a few farmers actually develop their own varieties of seeds from... Gasp... Their own plants! This poor sod had the misfortune if having his field contaminated by Monsanto seeds. Which he did not plant. Yes, his intent was questionable when he harvested the seeds from plants he know came from Monsanto seeds to use them for development, yet it remains that farmers do replant seeds, and fields do get invaded by the GMO seeds.   Edit: should os said ""I has been said that the TPP and the TAP"" contain those provisions, as the documents aren't public, and all if this is hearsay... From the news outlets..."


"The editorial highlights some reasonable reforms-- consistent and transparent pricing--- and then seemingly takes a left turn. This concept or ""cutting out the middle man"" is a fantasy born of a time when local doctors provided affordable but limited care to a limited population. It's been a hollow talking point perpetuated by industry lobby in response to single-payer proposals. Keeping health care between patient and doctor doesn't address the key reasons why health insurance exists in the first place.   The author suggests government-funded escrow accounts for those who can't afford the cost of healthcare. What about those just above the needs-tested cutoff? It seems that this approach disregards and therefore punishes the middle class. Must those with chronic illness become indigent before the government will assist in their care? The point of insurance is that when you get sick, you aren't left spending your life savings on medical care. Level and transparent pricing doesn't change the fact that certain treatments are still going to be expensive. The auto insurance comparison always frustrates me because people are not cars. If your car is breaking down every 30 miles, you can take out a loan and get a new car. A new body, not so much. Furthermore, every auto insurance claim raises your premium. All of this amounts to a tax on sick people.   Single payer or even Medicaid for all (who want it) means the government has enormous pool of patients (or consumers if you wish) with which to negotiate pricing. Do you really think St. XYZ Hospital is going to cut you, an individual, a deal for no reason? Where is the leverage? Particularly in the case of emergencies?  It isn't perfect, but politicizing and misconstruing the tragic case of a brain-dead infant does not strengthen your argument. Charlie Gard's case was not a matter of death panels; it was a matter of heartbroken parents in denial that their children was not going to get better. It's indeed an ethical quandary and no doubt a tragedy, but the hopelessness of the situation was not dictated by a heartless government but by health care professionals.   This is much more than I wished to say initially, but I am tired of seeing simplified fantasy being sold as panacea for what is an extremely complicated subject. Also, I'm not a public policy scholar, but I think I've done a better job than the author."


Are you worried at all about the $5 trillion in bonds held by the FED?  It seems some of the Keynesian crowd on here isn't concerned at all or or at least pretending to have no concerns. Is there any precedent for a country canceling that amount of debt ever and kept reserve currency status?  I was just watching a documentary about WWI and Keynes said at the outset the war would have to stop after a few months because each side would run out of money. Kitchener said baloney, a war in progress would never stop and they would go into debt. Kitchener was right and the world descended into an apocalypse it's still working through. I wonder if any of the political leaders then made decisions based on his opinions. He was dead wrong about the most important event in Europe's history and maybe the world.


The thing cost tens of thousands of dollars to make, not to mention whatever value you may set for Louis CK's comedic mind or the time he personally spent to write and practice the jokes. Why on earth should a well produced and creative piece of hard work be free? How is he supposed to make any money if not by charging for a product?


Update, 2013: this product is no longer available. As of December 1, 2010, Travelex announced a product, the Travelex Cash Passport, which is chip-and-pin protected. You can buy it in the US and then load it up with either Euros or British Pounds. There are a few things to know about this: Right now, it is not available online at the Travelex website. You must purchase it in person at participating Travelex retail locations. I bought mine right downstairs from the Stack Overflow world headquarters! The fees that Travelex charges for foreign currency transactions will take your breath away. I purchased a £300 card for $547.15, which comes out to a 15% service charge. Travelex will give you better rates if you purchase larger amounts. There is a further 3% fee if you use a credit card (I used a debit card to avoid this). Think long and hard about whether to load it with Pounds or Euros. They charged me 5.5% above the interbank exchange rate to spend my Pound card in Euros. You get two cards, which is very convenient. You can refill the card on the web. Due to the high fees, the Chip and PIN Cash Passport is not a good idea for everyday transactions, for getting cash from an ATM, and certainly not for paying for big-ticket items like hotels. You're going to want to reserve it for purchasing things from those automated kiosks in Europe (especially gas stations, ticket machines in train stations, and toll booths) that will not work with a standard magnetic stripe card. The card worked perfectly buying tickets on the tube in London. I haven't had a chance to check it out in other countries.


There is a way I discovered of finding the current exchange rate before committing to buy, go to send payments, put in your own second email, pay 1gbp as the amount and it will give you the exchange rate and fees in your own currency, in my case euro, before you have to click on send payment


"If you're willing to do a little more work and bookkeeping than just putting money into the 401(k) I would recommend the following. I note that you said you chose some funds based on performance since the expense ratios are all high. I would recommend against chasing performance because active funds will almost always falter; honor the old saw:  ""past performance is no guarantee of future returns"". Assuming the cash in your Ally account is an emergency fund, I would use it to pay off your credit card debt to avoid the interest payments. Use free cash flow in the coming months to bring the emergency fund balance back up to an acceptable level. If the Ally account is not an emergency fund, I would make it one! With no debt and an emergency fund for 3-12 months of living expenses (pick your risk tolerance), then you can concentrate on investing. Your 401(k) options are unfortunately pretty poor. With those choices I would invest this way: Once you fill up your choice of IRA, then you have the tougher decision of where to put any extra money you have to invest (if any). A brokerage account gives you the freedom of investment choices and the ability to easily pull out money in the case of a dire emergency. The 401(k) will give you tax benefits, but high fund expenses. The tax benefits are considerable, so if I were at a job where I plan on moving on in a few years, I'd fund the 401(k) up to the max with the knowledge that I'd roll the 401(k) into a rollover IRA in the (relatively) short term. If I saw myself staying at the employer for a long time (5+ years), I'd probably take the taxable account route since those high fund fees will add up over time. One you start building up a solid base, then I might look into having a small allocation in one of my accounts for ""play money"" to pick individual stocks, or start making sector bets."


I edited in the total annual out of pocket for each level to help illustrate what's going on. Your question makes sense, of course, but it's less a matter of afford vs an attempt to save. The way these plans work is to allow some choice based on your past experience. I can afford any option, but knowing the number of visits we have had in the past, the lowest cost option has the highest premium. A young couple who hardly sees a doctor may choose the highest deductible, risking the potential $3434 extra they may pay in a bad year for the savings of $1016.  Personally, I'd not be able to guess accurately enough to benefit from the middle choices, and can see the two extremes being picked most often.


In the strictest sense, there are bills,notes, and bonds, named when issued based on their time to maturity. Even though it's called a bond ETF it may have a duration short enough to be made of T-bills, less than a year to maturity.  Simply put, for bonds, risk comes from the duration, time to maturity.


Thank you sarahmgray for voting on could-of-bot.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!


I think the question relates to the discussion here: http://clarkhoward.com/liveweb/shownotes/2010/10/05/19449/ It was always the case that merchants could discount purchases made with cash.  What wasn't allowed is allowing the merchant to charge extra for credit card transactions (presumably to cover the fees the merchants pay).  These fees usually carry a flat fee per transaction, plus around 2% of the purchase price.  What also wasn't allowed was them to refuse any credit transactions.  People could charge a pack of gum, even if the fees put that transaction in the red. What's allowed according to this new development is different levels of discounting for different credit cards. Somewhat related to this discussion is another development that happened this summer: merchants now have the ability to refuse credit card transactions of less than $10. Here's my feeling on all of this.  I think we'll see merchants imposing minimum credit transaction amounts before we see them monkeying at the 1-2% level on pricing for different types of credit cards.  My feeling is that they'd be wise not to change anything, even though they can.  Refusing transactions (or charging more for others) is going to come as a unpleasant shock to enough people that they may take their business elsewhere.


"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-10-13/qualcomm-seeks-china-iphone-ban-escalating-apple-legal-fight) reduced by 89%. (I'm a bot) ***** > Qualcomm Inc. filed lawsuits in China seeking to ban the sale and manufacture of iPhones in the country, the chipmaker&#039;s biggest shot at Apple Inc. so far in a sprawling and bitter legal fight.  > The legal battle started earlier this year when Apple filed an antitrust suit against Qualcomm arguing that the chipmaker&#039;s licensing practices are unfair, and that it abused its position as the biggest supplier of chips in phones.  > Soon after its first legal salvo, Apple cut off licensing payments to Qualcomm.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/768a2x/qualcomm_seeks_china_iphone_ban_escalating_apple/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~227851 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*: **Qualcomm**^#1 **Apple**^#2 **iPhone**^#3 **company**^#4 **patent**^#5"


>Now introduce chance by randomly assigning each participant a “luck” score. That score, however, can play only a tiny role in the ultimate outcome, just 2 percent compared with 98 percent allotted to skill. This minor role for chance is enough to tilt the contest away from the top-skilled people. In a simulation with 1,000 participants, the person with the top skill score prevailed only 22 percent of the time. The more competition there is, the hardest it is for skill alone to win out. With 100,000 participants, the most skilled person wins just 6 percent of the time. http://www.bloomberg.om/news/articles/2016-09-01/why-luck-plays-a-big-role-in-making-you-rich    https://www.americanprogress.org/issues/economy/news/2006/04/26/1917/understanding-mobility-in-america/ >Children from low-income families have only a 1 percent chance of reaching the top 5 percent of the income distribution, versus children of the rich who have about a 22 percent chance.  -- Children born to the middle quintile of parental family income ($42,000 to $54,300) had about the same chance of ending up in a lower quintile than their parents (39.5 percent) as they did of moving to a higher quintile (36.5 percent). Their chances of attaining the top five percentiles of the income distribution were just 1.8 percent.  Further, children born into the bottom quintile of income have a 42% chance of remaining there and only a 6% chance of making it to the top quintile. For those born  in the top quintile it's exactly the opposite: 42 percent remain in the top quintile as adults, and only 6 percent fall down to the lowest income bracket.   I'd imagine folks like you don't like to read so  https://www.mixcloud.com/rationallyspeaking/rationally-speaking-165-robert-frank-on-success-and-luck/


> To clarify, I meant the general field of finance and investment banking.  This is still a wide field. Accounting? Product control? Quants? Equity Research? FX Sales? Trading? Compliance? Technology?  I know a sales person that majored in History if that's the kind of quirk you're looking for.


I talk about this subject on my blog on investing, I share everything that has worked for me personally and that makes sense. I would say the ideal investment would be to continue the entrepreneur route.  Just make sure you have a clear plan and exit strategy. For me it's all about passion, I love blogging about personal experiences with life, money, and anything that affects our lives.  Find something that you would talk about whether you were paid or not and create a business off of it. You'll never work a day in your life because you love it.


"i'm absolutely a newcomer in economics and i wish to understand how things work around finance. This is a pretty loaded question. To understand finance, you need the basics of economics. In almost every economics school in the country, you first study microeconomics and then economics. So, we'll start with micro. One of, if not the, most popular books is ""Principles of Microeconomics"" by Mankiw. This book covers the fundamentals of micro econ (opportunity, supply, demand, consumer choice, production, costs, basic game theory, and allocation of resources) in a clear and effective manner. It's designed for the novice and very easy to read.   Like Mankiw's other book, ""Principles of Macroeconomics"" is also top notch. There is some overlap in key areas (i.e. opportunity cost, supply, demand, indifference curves, elasticity, taxation) because they are fundamental to economics and the overlap will always be there, but from there the book goes into key macro concepts like GDP, CPI, Employment, Monetary and Fiscal policy, and Inflation. An excellent intro primer indeed.   Now that you have the fundamentals down, it's time to learn about finance. The best resource, in my opinion, is ""Financial Markets"" by Robert Shiller on Open Yale Courses. I've personally taken Prof. Shiller's class last semester, and the man is brilliant. The lectures cover every single aspect of finance and can turn the complete novice into a fairly experienced finance student. The first lecture also covers all the math required so you don't get lost at any point. Be warned, however, that the course is very deep. We used Fabozzi's textbook ""Foundations of Financial Markets and Institutions,"" which is over 600 pages deep and we were required to know essentially all of it. Watch the videos and follow the readings and you'll be a finance whiz soon! Financial Markets on Open Yale  And that's your roadmap to what you want. There are other economics books and it's true that the first few chapters of both Mankiw books are largely the same, but that's because any economics course always covers the basics first. If you want to look at other books, Krugman has written some good books as well. Be sure to read reviews because some books are meant for 2nd/3rd year econ students, so you don't want to get a too advanced book. At the novice level, we're interested in understanding the basic concepts so we can master Fabozzi. As for finance books - Fabozzi teaches you all the fundamentals of financial markets so you've got a powerful foundation. From there you can expand to more niche books such as books on investing or on monetary policy or whatever you want. Best of luck!"


"They're over-regulated, but no sifi favors 0 regulation - that's fucking stupid and breaks the ""stable"" state of competitive universal banking.   But consumers are suffering because the regulations are so fucking stupid and costly. It's a bunch of academia-branded lawyers imposing regulations on 30-50 year bankers. That wouldn't go well anywhere.   Most bankers have different views - Kashkari is a Goldman guy who wants to break all the big banks up into regional competitors. If that happens, your deposits will have a higher return window, but then you actually have a daily risk to your deposits in the name of competition...I mean, fuck that."


Hey! I've just put my take on your question: [What are Derivatives?](http://letslearnfinance.net/2012/06/08/what-are-derivatives/)  Let me know of your thoughts, if you get a chance to read it. I know I haven't covered everything on Derivatives, perhaps not everything our fellow redditors have mentioned - but I kept telling myself it's an introduction to derivatives - not an explanation of everything! :P


"1. ""[Threat of Nuclear War Back-Paul Craig Roberts](http://usawatchdog.com/threat-of-nuclear-war-back-paul-craig-roberts/)"" by Greg Hunter, published on 10 August 2014: http://usawatchdog.com/threat-of-nuclear-war-back-paul-craig-roberts/      Direct link to the full interview: https://www.youtube.com/watch?v=_lPeeGT8uVI (""Paul Craig Roberts-Flight from Dollar Will Cause Economy to Blow"")  2. (a) ""[Russian sanctions create surplus of European produce: Russian sanctions have left farmers in Europe high and dry. If they put their produce on EU markets, prices would likely crash. So what is to become of this year's harvest?](http://www.dw.de/russian-sanctions-create-surplus-of-european-produce/a-17857118)"" by Sabrina Pabst / tkw, published on 15 August 2014: http://www.dw.de/russian-sanctions-create-surplus-of-european-produce/a-17857118      (b) ""[Europe 'shot itself in foot' with Russia sanctions: Hungary PM](http://www.reuters.com/article/2014/08/15/us-ukraine-crisis-sanctions-hungary-idUSKBN0GF0ES20140815)"" by Gergely Szakacs, published on 15 August 2014: http://www.reuters.com/article/2014/08/15/us-ukraine-crisis-sanctions-hungary-idUSKBN0GF0ES20140815      (c) ""[Rosyjskie embargo bije w polskich przewoźników. Chcą rządowej pomocy](http://www.polskieradio.pl/42/3168/Artykul/1204632/)"" by Polskie Radio, published on 17 August 2014: http://www.polskieradio.pl/42/3168/Artykul/1204632/      English translation via Google Translate: [https://translate.google.com/translate?sl=pl&tl=en&u=http%3A%2F%2Fwww.polskieradio.pl%2F42%2F3168%2FArtykul%2F1204632%2F](https://translate.google.com/translate?sl=pl&tl=en&u=http%3A%2F%2Fwww.polskieradio.pl%2F42%2F3168%2FArtykul%2F1204632%2F)   3. (a) ""[West's historic drought stokes fears of water crisis](http://www.washingtonpost.com/national/health-science/2014/08/17/d5c84934-240c-11e4-958c-268a320a60ce_story.html)"" by Joby Warrick, published on 17 August 2014: http://www.washingtonpost.com/national/health-science/2014/08/17/d5c84934-240c-11e4-958c-268a320a60ce_story.html      (b) ""[U.S. Farmers Are Up to Their Ears in Corn](http://online.wsj.com/articles/u-s-farmers-are-up-to-their-ears-in-corn-1408318910)"" by Tony C. Dreibus and Jesse Newman, published on 17 August 2014: http://online.wsj.com/articles/u-s-farmers-are-up-to-their-ears-in-corn-1408318910"


> A lot more tax is being paid in these periods so government debt is lower because they are getting lots of tax money.  Eh, maybe.  > Also To stimulate the economy into this growth period the government usually sells off large cash bonds (lowering their debt) to release cash into the economy...  You are confusing the Federal Reserve with a government agency.


Commercial carpet cleaning is a specialised area and should be viewed as a priority as it is often one that can improve the presentation of your business instantly. Alongside this daily dirt, stains and wear of carpets can cause problems for employees suffering with allergies so the eradication of airborne dust and bacteria will be beneficial for business owners and their employees alike.


I wouldn't buy banks personally for the following reasons:  * Secular declines in trading revenue - this is a big part of bank income. We are at an all time low in volatility for the year (like EVER), and with active investing being proven not to be as profitable as buy-and-hold and passive investing (I.e. ETFs), trading may never return to its former glory.   * fintech firms and blockchain technology - these are big, big deals. If an algorithm can do financial analysis better, raise money cheaper, and improve security better, then banks will lose a lot of purpose and heavy bargaining power for fees. This is certainly on the horizon and will affect banks.   * low growth - the US consumer is not making more money, and S&P says companies are now leveraged at levels since before the recession. The point is I don't think there will be a large renewed credit cycle of heavy borrowing anytime soon as everyone is tapped out.


Here's my attempt, without talking about apples or anything:  Essentially, the 'money supply' is determined by the central bank, since they are the issuers of money. You can read on your US dollars that they are issued by the federal reserve. An excellent measure of the money supply is NGDP, since this is the number of dollars traded every year (that sort of quantifies how many dollars are available to be captured by working, trade, etc.). Unfortunately, in 2008, the US Fed decided to adopt an ultra-tight monetary policy, resulting in a severe drop-off in NGDP relative to previous trend (the worst since the Great Depression, graphs here: http://marketmonetarist.com/2012/06/19/guest-post-measuring-the-stance-of-monetary-policy-through-ngdp-and-prices-by-integral/)  It does not look like it will ever recover to the previous trend, so the money supply is much smaller than people would have expected before 2008. In theory, the nominal value of money shouldn't matter in the long run. However, since people before 2008 signed contracts (read, 30-year mortgages) anticipating a much higher aggregate money supply, this has triggered a shortfall in demand ever since, which has left our economy in the tank.


The union that I used to belong to provided a similar service for $20/year. If you can make money selling such a plan, it's probably overpriced.


">If we adopt an all-together conservative approach and control FDP at \gamma γ= 1% (i.e., we accept one per cent of lucky discovery among all discoveries on average or in our sample), we reject all the two million strategies.  I'm impressed that they would release this, as people are often dissuaded from releasing a negative result (""we tested whether X was causing the decline in bee populations, we found it probably wasn't.""). Very important to know though."


For those wondering who voted for it (Yea vote being to disallow consumers to sue): > It passed the House on July 25 231-190, split right down party lines except for one defecting Republican who voted nay with the Democrats. In the Senate, it was split 50/50, with two Republicans — Louisiana’s John Neely Kennedy and South Carolina’s Lindsay Graham — joining the Democrats with nays. The VP broke the tie and the Joint Resolution passed shortly before 10PM Eastern time. The Monopoly Man was not present.


This coming from the LA times is almost funny, and also quite sad. You guys are going away the same as the oil monopolies. Please just go quietly. Your like the old drunk prostitute who remembers what it was like in the good ole days.


Sounds like they need to tighten the regulation around that and specify how long one can be off and tie that to further employment. In other words, you can't go off and come back to just quit, but need a specified time off, and a specified time back on the job. Beyond entry level, can't you hire contract workers for the interim? Surely the UK has temp agencies for just this sort of thing.


The legalization of Cannabis will drastically alter supply and demand of cannabis and hemp. The distribution channels that work well for hemp may or may not work well for cannabis and may or may not continue to work well once cannabis is widely available. Companies may have avoided sponsoring hemp products because of it's association with marijuana.   If Marijuana is made legal, that stigma may or may not go away, changing which companies are interested in distribution. I don't believe that legalizing cannabis will create a great investing opportunity into existing hemp producers.


I have a sophisticated theory as to why diners are dying: diners aren't very good and aren't very cheap. There is zero reason to choose a diner over numerous other fast-casual options like Dos Toros, Sweetgreen, Glaze, Cava, or a thousand others, which are cheaper, faster, tastier, and (if you skip the bread-like products) better for you.


">We should be doing everything we can, as a country, to educate our citizens for these higher level jobs and promote entrepreneurship and growth of new industries to generate jobs. That is how we can get everyone employed.   Not everyone *can* be a computer programmer or a geneticist.  You're talking about ""dead weight"" from a basic income program or ""dead weight"" hiring.  Take your pick."


>How is the government paid for these things? How is this handled without taxes? Are you suggesting that the people pay for all of this because they supposedly derive all the benefit while the businesses supposedly derive none from infrastructure.  I'm not advocating no taxes whatsoever.  >Yes public roads may not be restricted by entities except in safety measures and compliance with DOT regulations. It is illegal for company A to blockade or otherwise make unavailable a public road to keep company B or the general public from using it. These type of rules also apply to communication lines and power infrastructure and are designed to decrease duplication and ensure that selected infrastructure is appropriate for the area.  I think you misunderstood what I was trying to say. I'm trying to say, you don't have a right to a paved road wherever you want to go. That's not a government protected right.


Welcome to GreyWhale Sushi & Grill. We give the best Asian food in the United States. If you want to online order Asian food, Then you can visit our company website. We provide the best food services and online booking for the birthday, Japanese food, and restaurant in Lincoln NE. The GreyWhaleSushi&grill is the region’s leading Asian food that celebrates the experience with the added touch of global flavor. It believes in celebrating function the rich history and story behind the most beloved Asian cuisine and continues to grow its library of originally produced Asian food, Birthday dinner and happy hour in Lincoln NE.


My first thought was that it must be due to inflation, which causes such differences in many cases since a creditor needs to make back more than the rate of inflation in order not to effectively lose money. But it seems that Paraguay currently has only a very modest rate of inflation, about 3%. Other possible reasons for different credit rates: The latter is most likely. It means that if debtors are generally poor and are often completely unable to pay back the loan, or if there is no effective way to force uncooperative debtors to pay (e.g. when there are weak laws or overworked courts), then creditors will lose a lot of money to defaults and have to raise rates to compensate for this.


"Hiring outside the union is considered union breaking and is against federal law.  In my state, teachers can select not to be a union member, but they have to still pay 75% of the dues.  The underlying ""logic"" is that they benefit from the union doing the negotiations.  Most teachers opt to pay the extra 25% and have the vote.  It depends on the state.  That's what all the recent discussion about ""Right to work"" states is about.  People wouldn't have to join the union and still pay union dues."


Yeah but that's my point it's irrational and frankly foolish. I'm pointing out the logical flaw when Floyd talks about how he makes smart investments. He wants a good return on his strip club but will burn millions by not investing in the market?


As a resident of New York State you will, in addition to the Federal income tax handled by the IRS, be responsible for state and local income taxes. For New York the state tax forms are also used to determine your New York city tax. If HR was either not aware of the local tax requirement for New York or you filled out the New York State version of the W-4 incorrectly you may have had too little tax withheld for New York state. The refund from the IRS is not dependent on the refund/owe status for state and local taxes. It is possible that your state taxes are fine but that you owe taxes to the city. That tax you owe to the city will reduce the refund from the state and may require you to pay money to New York. Of course if you do itemize, what you pay to the state and city may result in deductions on your federal form. If you owe back taxes to the state or local government this could result in the IRS seizing a federal refund, but that doesn't happen right away.


>  I think the real question is why do businesses view taking care of their employees as a bad thing?  Because if an employee doesn't generate 12 grand in profits for the company its hard to justify spending 12 grand each year on health care for that employee? (And, yes, I checked that number just now: for me to get health care for myself and my family costs $12,000 per year plus co-pays and deductibles)


Think about your priorities in life.  Everybody is a little different.  In my case I have a wife and child, so these are priorities for me, and you might have your own depending on your story. So if I lost my job, and I have no more money coming in (unemployment insurance runs out, savings depleted) then the bank can have the house.  I personally would probably drop the house long before it came to that point. The first thing you do is talk to your creditors and work out a deal.  At the same time I would stop paying for ALL unnecessary things (cable TV, extra cell phones, automobiles, leaving light bulbs on and turning the heat up over putting on a sweater).  If I can't get a good deal from the creditors, I would stop paying the mortgage, find a place to live (family, friends, cheap apartment) while the credit is still good. My advice is to get yourself setup while your credit is good and you have SOME money in the bank.  Waiting until the bank decides to foreclose is probably going to make your harder.


The thing about this, is that it isn’t one or two big decisions. It’s the thousands of smaller decisions.  It’s the choice not to fund cost saving projects because spending cash looks bad this second. It’s not filling critical individual contributor roles and having too many levels of management.  I can give you plenty of examples that show death by 1000 cuts but I think the best example is this:  Internal projects (in general) need to be completed within the same calendar year. Any money that you do not spend in 2017 will not be there for you in 2018. So there is a mad rush in the beginning of the year to spend money and by September all the cash has been used up. Productivity takes a big hit and a significant amount of effort is spent jockeying for next years funding.   GE is a financial company that makes things. It’s run by accountants not by logic.


Lanterncove is an Australian brand of soy candles and diffusers. We have 7 collections with 30 fragrances and growing. Candle range in sizes 14.5oz/13.5oz/13oz/11.5oz/8oz/5.5oz/3oz/4.5oz. We also have 4oz diffusers that last up to 4 months. Most of our vessels can be repurposed/upcycled.


> In total: http://www.epa.gov/climatechange/images/ghgemissions/GlobalGHGEmissionsByCountry.png  You just proved my point. China which has way more people and way more poor people accounts for more CO2 than the US does. The lower hanging fruit, CO2-wise is improving the lives of the poor to reduce their CO2 output.


>The entire world came together and agreed America should be fined for its over indulgences or success, pay for the bulk of the costs, give all the power and control over to a foreign leader most likely one from an impoverished country. Allow China and India to decimate their environment while reaping all the benefits of manufacturing without an environmental restrictions. Allow foreign companies such as American companies to get obscene tax benefits by relocating to China or India, replacing American workers with foreign locals.  This completely 100% false. Care to cite your sources? Don't worry, I'll wait...  >Of course the world wants this- as do liberals. Liberals saddled with guilt hating free enterprise and constantly being  in search for a new cause to make them feel good about them selves. Moral superiority. Climate change fits the bill. Sound fair ?  Of course that strawman narrative doesn't sound fair, you constructed it specifically for that purpose without any working understanding of what Paris Agreement actually is...


It's a question of the type of globalisation, not the 'globalisation' in itself. Functioning democracies are bottom up affairs. Evolution is an essential and fundamental element of The Enlightenment and functioning democracy is one such manifestation. Top down affairs do not support evolution - they make the problems systemic and endemic and rot from within.  The Enlightenment produced our fantastic wealthy modern technological society. One of the fundamental principles of the Enlightenment is evolution - in all respects - whether this be business, political or social. Fundamental to this is :-  1) a bottom up environment that supports the basic principles of evolution (personal, commercial, local and national, cultural etc... ) :-  i) many low cost successes - capitalised on.  ii) many low cost failures - lessons learned. Also - problems are sorted at source (they don't become systemic and endemic).  iii) diversity (not sameness).  iv) constructive competition (localisation) - eg. countries, states, companies, people competing against each other.  2) the promotion of personal and societal capital - strength and quality of morality and character, education, skills and abilities, culture; traditional nuclear and extended families; national - societal - capital - culture. Self responsibility.  3) Conservatism - as per the 3 pillars of conservatism :-  i) socially conservative - traditional marriage - provides stability.   ii) economically liberal - bottom up democratic capitalism, freedom of thought, freedom of speech - allows evolution.  iii) law and order - fairness and justice, honesty, stability and integrity.


No you dont need to take your car to DMV, They will send you the number plate and registration sticker to your home address.  Dealer would have already charged you for that, he will send all the information to DMV and the temporary plate is also created through DMV only.


Interest rates are market driven. They tend to be based on the prime rate set by the federal reserve bank because of the tremendous lending capacity of that institution and that other loan originators will often fund their own lending (at least in part) with fed loans. However, there is no mandatory link between the federal reserve rate and the market rate. No law stipulates that rates cannot rise or fall. They will rise and fall as lenders see necessary to use their capital. Though a lender asking 10% interest might make no loans when others are willing to lend for 9%. The only protection you have is that we are (mostly) economically free. As a borrower, you are protected by the fact that there are many lenders. Likewise, as a lender, because there are many borrowers. Stability is simply by virtue of the fact that one market participant with inordinate pricing will find fewer counterparties to transact.


"It sounds like a great opportunity, but like any opportunity you need to do your research and give it a thorough evaluation. Although the current owner may be your friend, don't let emotion get in the way of a fair and honest assessment.   Some general things you need to consider:  Past financial data of the pizza restaurant - if you are going to invest, you want your investment to pay off and to be profitable. What are the historical earnings?If you take management of the pizza restaurant are there things you can do to cut costs/increase profits?   Understand the competition that is around the area, does your pizza restaurant have a competitive edge that will enable to succeed in another location?    Do you enjoy working there? Would you enjoy working there more than the prospective work you would do as a welder?   Finally if you want to invest, what kind of investment structure? What are your rights as a shareholder? What is your ownership stake? What happens in the case of share dilution? Going back to financials, how long do you estimate conservatively that you will be able to make back the principal investment.  Now referring to your other question of ""is it worth the risk to give up guaranteed money""...  It is harder and harder for younger people like you and I to depend solely on fixed salary jobs. If you want financial success, you want to build assets for yourself that generates income without you expressly there recording your hours on a time-card.   No money is ever guaranteed. There are many risks associated with a person's whose only source of income is from his day job.   Finally, you don't necessarily have to put up the investment with your own money and give up school. You could look for other investors or take a loan on the business to open a new store. There's nothing wrong leveraging debt - it will help you save tax money.   Anyways I'm glad you've found this opportunity. Remember to always think big but be smart about it too!   P.S. If you want to pm me any specifics for me to look at in terms of financials or legal stuff I'd be more than happy to help a brother out."


You are doing great! Congratulations. Check out the Dave Ramsey Baby Steps.  He has advice for exactly your situation. The book Financial Peace covers the topic in detail.  You have an Emergency Fund which is Step 3.  Step 4 is investing 15% for retirement in 401k and similar.  Step 5 is funding college if you have children. In Step 6, he advises putting any extra money towards the principle on your home.  Owning your own home outright is a better goal than investing the money at a higher interest versus your mortgage interest rate. After your are completely debt free, then you can invest and give generously which is Step 7. Answering your question, push your emergency fund to 6 months, bump your retirement saving to 15% and put any extra money to your mortgage.


Yes, you will be able to claim it as an expense on your taxes, but not all in the current year. It is split into three categories: Current Expenses - Assets purchased such as inventory would be able to be claimed in the current year.  Assets - Vehicles, Buildings, and equipment can be depreciated over time based on the value you purchased them for and the CCA class. Goodwill - In tax terms this is the value of the business purchase that is not eligible in 1 or 2 and is called Eligible Capital Property. This can be expensed over time.  From info at CRA website: http://www.cra-arc.gc.ca/tx/bsnss/tpcs/lf-vnts/byng/menu-eng.html


I understand your point, but at the end of the day the CEO does know why businesses like his aren't doing well and yet they are still unable to be competitive. That is one of the cornerstones of capitalism, so as entitled as it sounds (I personally don't think it's entitlement) they actually do need to change their entire business model or die and start over. That's a sad fact, but you can't be upset that people generally have less money to spend these days.


Off the top of my head I can think of 10 prop shops in Chicago that don't require any sort of certifications.  Most those certification requirements are there only when you are managing outside investor money. I was under the impression you are just trading the firm's capital, not outside investor capital, which is why I asked (which, to me, is the definition of a prop shop.)


I am a Certified Financial Planner and provide tactical advice on everything from budgeting to saving for retirement. You do not have to have any series exams or a CFP to do this work, although it helps give you credibility. As long as you DO NOT provide investment advice, you likely do not need to register as an investment advisor or need any certification.


Bond prices move inversely to their yields.  So when you sell bonds and create a supply side deluge, bond prices will fall.  Since bond prices are falling, yields go up.  (The dollar amount that the bond pays out is the same.  It's simply that since the bond price has fallen, that dollar amount paid out expressed in percentage terms of the bond price has risen).


"Yes, but the lab meat will be either ""beef"", ""chicken"", ""turkey"", etc, grown from original beef, chicken and turkey sources.  But soon after lab meat is introduced, people would prefer ""hibachi meat"" which is meat grown with the taste of hibachi.  Food for humans is just sugars, fat, proteins, some minerals and some vitamins."


College (and specifically student loans) are a bubble that's going to burst. You take kids with no earning potential, give them a little bit of earning potential, and slap on $60,000 of debt with 12% interest and think it'll all be cool?


Don't underestimate the degree to which it seemed like Microsoft essentially *was the entire computer industry* in 2000. Apple's comeback was only understood by a few of us, the smart phone market didn't exist, and Microsoft Office and networking solutions were dominating almost everything they competed in. Hell, Internet Explorer was even considered the final word in browsers at the time (Firefox was two years off). Betting on Microsoft in 2000 was like betting on computers - assuming computers were a growth market (and even after the .com bubble, no one really expected computers in general to do anything but grow) then Microsoft was going to grow.   Point is, Microsoft in 2000 was the king of the technology world to a degree that is hard to appreciate in 2014. They were beyond dominant - they were God.


Suing is a legitimate option as well as screening your calls but here's another idea which has personally worked and relates to the collections I did for awhile.  Talk with the collector.  Outstanding debt gets sold many times and each time a new collector gets their hands on an account they do their due diligence which means calling every single number multiple times.  Collectors a looking for consumers who actively evade collections calls for years. My recommendation is to use logic and explain the situation.  Give your first name and describe when you received the phone number and then ask a simple question.  When in the last 3 1/2 years have you or any collector had a successful hit from this number.  They'll respond never in 3 1/2 years.  The collector notes the account for themselves and future collectors.  Debt collectors are about about making money, not wasting time and they do review all notes pertaining to an account.  Will it work?  Maybe not but hopefully it will stop the calls with a short conversation.  Good luck.


I've thought of the following ways to hedge against a collapsing dollar:


My figuring (and I'm not an expert here, but I think this is basic math) is: Let's say you had a windfall of $1000 extra dollars today that you could either: a. Use to pay down your mortgage b. Put into some kind of equity mutual fund Maybe you have 20 years left on your mortgage.  So your return on investment with choice A is whatever your mortgage interest rate is, compounded monthly or daily.  Interest rates are low now, but who knows what they'll be in the future.  On the other hand, you should get more return out of an equity mutual fund investment, so I'd say B is your better choice, except: But that's also the other reason why I favour B over A.  Let's say you lose your job a year from now.  Your bank won't be too lenient with you paying your mortgage, even if you paid it off quicker than originally agreed.  But if that money is in mutual funds, you have access to it, and it buys you time when you really need it.  People might say that you can always get a second mortgage to get the equity out of it, but try getting a second mortgage when you've just lost your job.


Often the main concern with PhDs in business is taking too long to get results. So if they give you an opening you could talk about what you know of their strategy and  like to get practical results quickly, unlike academia.


Credit scores, or at least components of them, can sometimes factor into how much you pay for car insurance. Source: Consumer Reports: How a Credit Score Increases your Premium


If you are concerned about it being inequitable due to the prenuptial agreement, discuss the idea of amending the prenuptial agreement to give you some consideration for your investments in the house. Prenuptial agreements often get amended over the course of a marriage.  How do you proceed? It has to start with discussion. It's not an unreasonable concern given your legal separation of assets, so broach the subject and go from there. Perhaps you'll find there's a good reason for you to invest in the property even without having interest in it, who knows.


While more traditional jobs have played a larger role in growth than green jobs From the article so its mostly been traditional jobs rather then green jobs.  Also if were going with clean power then Oregon already has California beat. We have one coal plant in Oregon and the other power comes from renewable sources such as water and air. However its still good that California has gotten more jobs and its trying to cut down on pollution.


Bloomberg Professional seems to be very popular. It provides any kind of data you can imagine. Analysis is a subjective interpretation of the data.


I explain things in detail and with as much clarity I can muster without using buzz words.  I have publicly disagreed with pretty much every ideology at this point. Just because you disagree with my position does not make me partisan or biased against the truth.


You sold a call, I trust? I bought a call. I have the right to exercise at my will. No sense if out of the money, of course, but if in the money, I might want to capture a dividend or just start the clock for long term gains. Once I exercise, you have no option (pun intended) but to let it go.  The assignment is notification, not a request for permission.


Audio visual service is an attractive method to organize a successful event. This thing also applies in the presentation of a business, and in the method of teaching, the smart class teaching is more effective than normal teaching. The success of any business depends on effective presentation and events.


What makes you think anything would change? If they allowed Match money to be distributed tax free, they are missing out on a future tax revenue opportunity.  I think the more likely way they would stick it to us is to sunset the Roth 401(k) all together and make plans go back to the old school pre-tax and after-tax only, where even the earnings on after-tax are taxed at distribution.


Automation in itself is not a problem; it produces an increase in productivity. Almost all of this gain has gone to shareholders and CEOs, where in the post-war boom it went to workers, lifting millions into the middle class. Had that continued, we could easily have four-day work weeks now with the same standard of living. Instead, the middle class has been in decline for decades while the rich get much richer.


Right. Well drones are part 1 of 2 of their strategy. They drop off the shampoo and/or underwear you just ordered. That desk you bought is going to come via automated trucking with a guy in the back to drop it off at your door. Who knows what that looks like by 2030 when it's completely automated and a robot climbs out of the back, drops the box off at your door, climbs back in, and the truck drives off. This isn't science fiction, it's happening in real time.


Of course, I know nothing about real estate or owning a home. I would love to hear people's thoughts on why this would or would not be a good idea. Are there any costs I am neglecting? I want the house to be primarily an investment. Is there any reason that it would be a poor investment?  I live and work in a college town, but not your college town. You, like many students convinced to buy, are missing a great many costs. There are benefits of course. There's a healthy supply of renters, and you get to live right next to campus. But the stuff next to campus tends to be the oldest, and therefore most repair prone, property around, which is where the 'bad neighborhood' vibe comes from. Futhermore, a lot of the value of your property would be riding on government policy. Defunding unis could involve drastic cuts to their size in the near future, and student loan reform could backfire and become even less available. Even city politics comes into play: when property developers lobby city council to rezone your neighborhood for apartments, you could end up either surrounded with cheaper units or possibly eminent domain'd. I've seen both happen in my college town. If you refuse to sell you could find yourself facing an oddly high number of rental inspections, for example. So on to the general advice: Firstly, real estate in general doesn't reliably increase in value, at best it tends to track inflation. Most of the 'flipping' and such you saw over the past decade was a prolonged bubble, which is slowly and reliably tanking.   Beyond that, property taxes, insurance, PMI and repairs need to be factored in, as well as income tax from your renters. And, if you leave the home and continue to rent it out, it's not a owner-occupied property anymore, which is part of the agreement you sign and determines your interest rate. There's also risks. If one of your buddies loses their job, wrecks their car, or loses financial aid, you may find yourself having to eat the loss or evict a good friend. Or if they injure themselves (just for an example: alcohol poisoning), it could land on your homeowners insurance. Or maybe the plumbing breaks and you're out an expensive repair. Finally, there are significant costs to transacting in real estate. You can expect to pay like 5-6 percent of the price of the home to the agents, and various fees to inspections. It will be exceedingly difficult to recoup the cost of that transaction before you graduate. You'll also be anchored into managing this asset when you could be pursuing career opportunities elsewhere in the nation. Take a quick look at three houses you would consider buying and see how long they've been on the market. That's months of your life dealing with this house in a bad neighborhood.


December, 5, 2011 ( 03:00pm ) :-  All markets including stocks & Commodities are moving towards upward direction on the strong cues comes on the expiring today.  Little bit Volatile comes over the settlement in MCX today. Gold & Silver contracts are expiring today.  Dow Jones Industrial average future up by80 points from the optimism coming from the European Countries.  All European Countries getting financial aid from the side of IMF which is provided through the European Central Bank.  Nifty have strong resistance at 5150 levels  under this level  short term trend still bearish side.  Gold have strong support at Rs 28960 above this trend bullish under this trend down for short term.


Firstly doing a regression on prices is never significant because of scaling. The price of the SP500 has no relation to the vix. The returns of the SP500 are related to the vix and most base models incorporate some function on SP500 returns. More specifically, sampled volatility of the SP500 is related to the vix. The price should have no relation at all.


Same here, I am pulling for Fasten to take over - but so far it's only Boston and, I think, Austin. They only skim a dollar and the driver keeps the rest. Most drivers have to use more than one app because of low adoption, though :/


To qualify as a woman owned business, a woman or group of women must own shares worth 51% of the business. If your investor was a woman, the entire 5% could come from her share of the company without affecting the 51% ownership requirement. Could you find a woman to add as an investor? If you each had your shares diluted 5%, She would be down to 48.45% ownership, and you would be down to 46.55% ownership. The only way for you to get back to a 51% female ownership situation would be to give a 2.55% ownership stake (from your share) to a wife, sister, mom, girlfriend, or any other woman who you think should benefit from this arrangement. This would still put you down at 44% (effectively taking the whole 5% from you) but by giving some of your share to someone else, it does require your partner to make some of the sacrifice, while still benefiting someone you care about (if you have someone you would like to give that benefit to). In summary, this is what it would look like:


Here in the DC area, we have MetroAccess, which is subsidized by WMATA (the organization that runs DC's Metro and Metrobus system) and offers rides to disabled folks almost like a personal taxi service.  If New York doesn't have something like that now, if they're willing to pay for it, they could implement a public option to address any possible failure in the private market if companies like Uber are unable to do it.


It's for the benefit of the bank, certainly.  You might consider it a convenience to write one check, but it comes at a cost. Your cost of money is the interest you pay on the most costly loan you carry. But the escrow account will usually get a low rate of interest, 1% or so today.  Also, as I describe in an article titled Fun With Schedule A there's a strategy for those who straddle the line between itemizing and taking the standard deduction. Paying your own tax allows you to pay as much as 6 quarters of property tax in one year and then just two quarters in the next. This opens up a biannual itemizing and a savings on your tax return.


"Congrats to your GF!  ""How much"" depends a lot on how stable her income tends to be. If she has stable salary @ $20K plus $5K-$15K in contract work, then having a larger EF is important. If she has a consistent track record of pulling in $35K each year with contract work, then she may still need a somewhat higher emergency fund to tide her over between gigs.  The rule of thumb is at least 3 months' expenses before you start investing for better returns. If she is reliant on contract work, then holding up to 6 months' expenses could be wise just in case she hits a slow patch with work.  After that emergency fund is covered, she can look at investment opportunities with varying levels of risk & return:  I would also recommend putting it down in writing ""why"" she's investing/saving. Is she saving up for an awesome vacation? Maybe that's why she really is so far above a normal EF. Does she want a new car? Maybe there's not really so much to spare. Bottom line: Assuming her monthly expenses are around $2K per month, she might have $4,000 to $5,000 that she could look to start investing ""safely""."


I will expand this to 401K's, 403B's, and the federal retirement program.  There are 3 things to worry about when trading: The tax friendly retirement programs will remove the worry about taxes. Most will reduce or eliminate the concern about transaction fees. But some programs will limit the number of transactions per month. In the past few years the federal program has cracked down on people who were executing trades every day. While employees are able to execute trades without a fee, the costs related to each transaction were being absorbed into the cost of running the program. To keep the costs down they limited the number of transactions per month. Some private programs have limited the movement of money between some of the investment options.


There are a couple of things you could do, but it may depend partly on the type of orders your broker has available to you. Firstly, if you are putting your limit order the night before after close of market at the top of the bids, you may be risking missing out if bid & offer prices increase by the time the market opens the next day. On the other hand, if bid & offer prices fall at the open of the next day you should get your order filled at or below your limit price. Secondly, you could be available at the market open to see if prices are going up or down and then work out the price you want to buy at then and work out the quantity you can buy at that price. I personally don't like this method because you usually get too emotional, start chasing the market if prices start rising, or start regretting buying at a price and prices fall straight afterwards. My preferred method is this third option. If your broker provides stop orders you can use these to both get into and out of the market. How they work when trying to get into the market is that once you have done your analysis and picked a price that you would want to purchase at, you put a stop buy order in. For example, the price closed at $9.90 the previous day and there has been resistance at $10.00, so you would put a stop buy trigger if the price goes over $10, say $10.01. If your stop buy order gets triggered you can have either a buy market order or a limit order above $10.01 (say $10.02). The market order would go through immediately whilst the limit order would only go through if the price continues going to $10.02 or above. The advantage of this is that you don't get emotional trying to buy your securities whilst sitting in front of the screen, you do your analysis and set your prices whilst the market is closed, you only buy when the security is rising (not falling). As your aim is to be in long term you shouldn't be concerned about buying a little bit higher than the previous days close. On the other hand if you try and buy when the price is falling you don't know when it will stop falling. It is better to buy when the price shows signs of rising rather than falling (always follow the trend).


No.  It means each month the total amount you owe goes up by a factor of (1+0.298/12).  So if you owed $23K at the beginning of the month, at the end you owe a total of 23K*1.0248=$23,571.  Then subtract the $804 you are paying.  If you want to think of it in terms of interest and principal, you are paying $571 a month in interest and 233 toward principle, I guess. Paying off debt with a lower interest rate using debt with a higher interest rate is throwing a lot of money away and impoverishing yourself needlessly.  Psychology can't get around that.  If you want a psychological aid, decide how much you are going to pay toward these debts and have it automatically deducted from your paycheck so you never see it. Make the minimum payment on every debt you have except the one with the highest interest rate.  Pay the very most you can toward that.  Then when it is paid off, move to the next highest.  Do all your spending out of the lowest rate card, or avoid using these credit cards until your financial discipline and resources allow you to pay all credit cards off completely at the end of each month.


"this is a bit unusual, but not unheard of. i have known more than one car whose owner was not its driver.  besides the obvious risk that the legal owner of the car will repossess it, this seems fairly safe.  your insurance should cover any financial liability that you incur during an accident.  even if the car is repossessed by the owner, you are only out the registration fees. i would suggest you avoid looking this gift horse in the grill.  her father on the other hand might be in for some drama and financial mess if he has a falling-out with his ""friend"". this arrangement reminds me of divorces where one spouse owns the car, but the other drives it and pays the loan.  usually, when the relationship goes south, one spouse is forced to sell the car at a loss."


Remitting means paying, and entity means organization, such as a company, partnership, government department, etc.  Remitting entity is legalistic jargon used to refer to an organization that is sending money somewhere.  Why it is sending money and to whom is not implicit in the term, but depends on the larger context of the usage of the term.


>*It's a reminder that you can't suspend the laws of economics. You can't print money to pay for things without creating inflation. And you can't stop that inflation just by saying you want it to. But not only will this magical thinking fail, it will also create new and even worse problems like shortages.*  >*Capitalism is the worst economic system except for all the others.*  Cross-post from /r/MAConservative


"Other than the brokerage fee you should also consider the following: Some brokerages provide extra protection against the these and as you guessed it for a fee. However, there could be a small bonus associated with your trading at scale: You are probably qualified for rebates from the exchanges for generating liquidity.  ""Fees and Credits applicable to Designated Market Makers (“DMMs”)"" https://www.nyse.com/publicdocs/nyse/markets/nyse/NYSE_Price_List.pdf All in all, I will say that it will be really hard for you to avoid paying brokerage fee and yes, even Buffet pays it."


Still a tough sell when the banking sector is so underwater. IDBI reported that 20% of their loans were non performing. Think on that, 1 in 5 loans are probably going to default and need to be written off. While it's the extreme case, the NPL ratio for the public banks is about 10% which is an insane ratio.  This isn't an issue that's going to go away, the government says they want to consolidate but that just means you're forcing a bad bank to merge with a bank that's even worse off.


That's interesting. So Spain could be back in crisis mode if a crisis were to occur in Latam?  The difference is quite large so it must mean Spain owns a heck of a lot of foreign assets producing significant returns relative to their GDP...


From personal experience (I financed a new car from the dealer/manufacturer within weeks of graduating, still on an F1-OPT):


No is and should be the standard answer. When your vacations have been planned ahead, why didn't the money saving start ? You should treat it as a punishment and forgo your vacation. But human beings aren't always that sensible so we go for plan B. Did you purchase your tickets/hotels or anything ? If yes, then check out the cancellation charges. Does the cancellation charges exceed the borrowing amount, then probably borrow and go on a vacation. But you should also consider, how the borrowed amount is to be paid. Is it within your means and your timeframe ? Does paying back the amount now, hamper your next vacation plans or other required spendings ?


I want to know too. Outside of the stock market there could be a lot of assets that aren't being supported as well as stocks by the US government. If that's the case we could be seeing another signaller showing the poor shape of the economy.


This is not shocking news actually. Nothing happened to these banks that made them lose their ratings. Rather, it's the rating agencies that have set up more strict rules, especially when it comes to triple A status.  Specifically, it's no longer possible that banks or similar institutions can have a triple A status.This effectively means that only the richer countries can be triple A.


"So is it better for people to be jobless vs. make this min wage? I am not being an asshole, because I do agree that it is impossible to live off that kind of wage and it should be a temporary job and not a sustainable one. I am just curious to what people who think ""something has to break to get it fixed"" would say"


Wow. People with mortgages could at least get a foreclosure and ~~walk~~ limp away. Now there are legions of people with debt on the same order of magnitude that are chained to it for life.  Feeling the tension of that bubble yet?


"We need some patent protection. For instance, I would support a patent on cold fusion. Or FTL propulsion. Or a cure for cancer. Some things are significant advances that you want to encourage and protect the inventor's revenue from duplication. But not, ""a business process and method for associating a finger-stroke with an element displayed on a flat-panel glass screen."""


Quite a few mores thing you do but you will discover less factor which offer you to publish your services or item in free of price is is on the internet labeled [advertising australia](http://come2ourdeals.com.au/) which can be using additional and much more marketing in the world-wide-web marketing. You can find several labeled ads website that are offering totally free services to post the solutions and a few are consider cash for post there solutions.


> This is highly controversial.  Your body turns ingested calories that are not burned (i.e., not immediately needed) into fat for storage.  That's not controversial at all; that's a well-established fact.    What's still being discovered is things like how what you eat affect how many calories you need, and how it affects feelings of satiation.


"**First, for every one ""free cookie"" offer on my phone, I will be bombarded with 100 annoying pushy ads.**  Secondly, There's no such thing as free cookie. No free lunch either. No free upgrade.  Trust me on that!  The ""free cookie"" is if only if you buy an expensive coffee.   If they want to give me free cookie, they can stand outside the store with a tray of free cookies or a sign.  Lastly, if it's not forbidden by law, then it needs to have an option to turn off.  Question to you: given the option, would you allow your phones to send you notifications as you pass by?"


"Why do banks charge a significantly lesser rate for a 15 yr. fixed mortgage than a 30yr. (though they know it will not earn them the same amount of money)?  A simplistic model of where banks get the money to lend to borrowers is that they ""borrow"" money from investors that want to earn a return on the money that they provide.  The actual mechanics of that process are much more complicated, but the gist is that if those investors want to tie their money up for a longer period, they expect to get a higher return, thus 30-year mortgages require a higher interest rate than 15-year mortgages.  In addition, the ""usual"" consensus in the market is that interest rates will rise in the future, so interest rates for longer-term loans are higher  While it's true that the bank gets ""more money"" overall from a higher-rate mortgage, the fact that that additional money doesn't come until several years into the loan (and that money loses value over time due to inflation) makes a lower-rate 15 year mortgage roughly equivalent to a higher-rate 30-year mortgage."


Do you have the raw data?  Do you know how they selected the sample?  Did they discover perfect random?  I would guess not. So that probably would mean 100 isnt correct in this context.  I'm non-partisan. I would also just ask, how did that election turn out again with the numerous polls and other research of 1000+, repeatedly at different times over a campaign that seemed to have been like 2+ years long?  Further I dont even know why we are talking about a study of 100 when theres glassdoor with more than 10,000 reviews though it isnt normalized or in an actual study format. The thing to note is that if you compare the types of employees to another tech company like lets say Google/Alphabet or Facebook you have a different distribution in the type of people recruited and that might effect their experience. Amazon does a lot of retail, support and call centers as compared to a lot of engineers with a more educated background. Both are people but theres definitely a difference in the type of person as well as their temperament you get if you go to lets say an urban wal-mart as compared to an Alphabet or Facebook engineer.


I've been doing this for years both at Baltimore Airport and Orlando. Why is this news? You've always been able to go to the counter with your traveling party and get a pass, although I've never tried to get a pass without my traveling party, maybe that's what the difference is...


"The big difference is that you get your money earlier at the start. Suppose you start on a random day with payday on the last day of the month (monthly), or on every 2nd wednesday (biweekly), and it takes 3 days for payroll to ""ramp up"" (ie, if payday is within 3 days on your start date, your next paycheck is not on the next payday, but on the one after). If we assume every month has 30 days (to keep things simple), it is an average of 4+5+...+33 days until you get your first paycheck with monthly pay, an average of 18.5 days. For weekly it is a bit trickier Assuming you get hired at a random date here, with * being a paydate: time until you get paid: an average of 10.5 days. So you get your first pay an average of 8 days earlier. Later on, that 3 day thing no longer occurs, and now the company holds an average of 6.5 days of your pay ""due to you"" with biweekly paychecks, and about 14.5 days with weekly paychecks if you have monthly pay. So with monthly pay, on average your bank account has 8 fewer days of  your pay in it at all times.  This happens when  you are first hired, and persists over the length of your employment. Now suppose you save that extra money (on average): Suppose you have an investment at 4% (after inflation).  Over 40 years those 8 days of pay invested at 4% grow to 38 days of pay, a free month. What more, if the company has problems making payroll, you'll get a warning (to, say, look for another job) an average of 8 days sooner, and/or have the money in your account.  Having someone owe you money is usually worse than having the money in your bank account."


Or the far less nefarious response that nobody could have accurate predicted the changes in the cost basis and the financing that has come about for panels 10 years ago.  Also, as mentioned, production estimates weren't off by nearly as much.  This is like laughing about someone getting an internet expansion estimation wrong in 96, it was clear it was going to go way up, but the errors in just a few percentage points of growth for explosive growth lead to massive differences in outcome.


who issued stock typically support it when the stock price go down.  No, not many company do that as it is uneconomical for them to do so. Money used up in buying back equity is a wasteful use of a firm's capital, unless it is doing a buyback to return money to shareholders. Does the same thing happen with government bonds?  Not necessarily again here. Bond trading is very different from equities trading. There are conditions specified in the offer document on when an issuer can recall bonds(to jack up the price of an oversold bond), even government bonds have them.  The actions of the government has a bigger ripple effect as compared to a firm. The government can start buying back bonds to increase it's price, but it will stoke inflation because of the increase in the supply of money in the market, which may or mayn't be desirable. Then again people holding the bond would have to incentivized to sell the bond. Even during the Greek fiasco, the Greek government wasn't buying Greek bonds as it had no capital to buy. Printing more euros wasn't an option as no assets to back the newly printed money and the ECB would have stopped them from being accepted.  And generally buying back isn't useful, because they have to return the principal(which might run into billions, invested in long term projects by the government and cannot be liquidated immediately) while servicing a bond is cheaper and investing the proceeds from the bond sale is more useful while being invested in long term projects. The government can just roll over the bonds with a new issue and refrain from returning the capital till it is in a position to do so.


"First of all, I said they aren't as good compared to other options, so I am 100% correct. Second, they are shit and your ""if"" is simply not true.  Even when considering the brand as a whole, they aren't great:  https://www.consumerreports.org/cars-which-car-brands-make-the-best-vehicles-2017/  http://clark.com/cars/most-least-reliable-cars-consumer-reports/"