"> The 20 million people added to healthcare is a number they boast and brag about when they dont realize (from a study im having a hard time reproducing so take it with a grain of salt) roughly 65% of those people could afford health insurance prior to the aca just chose not to buy and because of the mandate were forced to.   Yes, *that* is one of the reasons I supported the ACA. The problem of rising health care costs, as one of the sources I linked to showed, is the ""free rider"" problem. Too many people walk into the emergency room uninsured, or *under*-insured. They get emergent care that they are not covered for, and the hospitals jack up the prices greatly in the hopes of getting a larger portion reimbursed by Medicare. Now, who pays for that Medicare reimbursement? You and I, of course. The taxpayers do. And we pay a heavily artificially inflated version of that price. This is the most jacked up form of universal health care, but that is what the GOP if fighting to reinstall.   > I also know that for me health insurance prior to the ACA was significantly lower roughly 50% cheaper and that doesnt even begin to touch the hikes a lot of people i know saw.   I have no doubt this is true, and another reason that I support the ACA - not because it equates to higher prices for you, but because for the first time it made younger adults actually responsible for their medical bills. When the ACA was enacted, we had a guy in our company who was about 23 years old. He saw his insurance costs go up by 50%. We covered is insurance increases, because we supported him. However, what we found when we went back and compared the insurance that he had with the insurance that he has is that the first policy didn't cover anything but the most extreme circumstances. It was a junk policy, that left the taxpayer liable for a lot of stuff - ambulatory response, x-rays, medicine, etc. There was nothing in there for preventative care - which as the study I linked showed, greatly impacted health for the worse.   > They have some of the lowest income tax rates in the world.  Again, Switzerland has *lower* tax rates than the US, but they don't even crack the [top 20 when it comes to countries with low taxes](http://www.businessinsider.com/wef-countries-with-the-lowest-tax-rates-in-the-world-2015-10/#2-qatar-113-qatar-edges-out-the-regions-other-oil-rich-state-to-come-in-second-place-but-still-loses-out-to-one-other-nation-17). Most of the countries in that list are relatively poor countries to the average citizen, with weak infrastructure. Many of those countries are monarchies in which the ruling family controls the number one source of income - oil - so there is no taxes, they just skim their money right off the top. These are not countries that we would want to live/retire in.   Switzerland succeeds with low taxes because they have a very efficient (universal) health care system, and they have almost no military to fund.   > While i do not own my own company or have anything to do with R&D i can for a fact disprove your theory  Again speaking in absolutes. This denotes that you can disprove every situation possible to show that government is worse than commercial. As I said, if you thought that before you entered my industry, you quickly see the flip side of that coin.   Your example is a perfect example of that. So you work in construction, an industry in which commercial is notorious for *underbidding* a contract (whether to government or to private), and then running into *unexpected* overages that cause the job to go over schedule, over budget. These companies succeed because there are a very small number of providers that can accomplish certain jobs, so they tend to stick around (just like the big banks) even though they aren't the best.   Its not like the government just sits around and takes it. I know of at least [one federal contractor who went to federal prison](https://www.justice.gov/archive/usao/id/news/2012/sept/large09192012.html) for fraudulently winning contracts in my part of the country.   > The private sector will always have a need to innovate and that need will always be filled with or without the government the only difference is the private sector wont keep throwing money at an unsustainable rate like the government does because if they dont see results its not worth funding.  And this is *why* the government can succeed in areas that commercial cannot. This is why government got the first people on the moon, not commercial. This is why we have already sent missions to mars, whereas Musk is going to make those trips more efficient. It is because government has tremendous resources that they can throw at a problem. Even the richest man in the world will run out of money before he can solve the big problems. As I told a poster earlier, JIEDDO spent over $1T working on the IED problem in Iraq / Afghanistan. This was the number one killer of our troops. There were *many* inventions that came out of this. There is no company in this world that had the resources to tackle this problem solely. What the government does a great job in is rallying the troops, and assembling resources to tackle a major task that would be unclimbable by the individual.   > Id also like to add you are near the same age as my father who also served in the military and i thank you for your service.   Thank you. I just hope that the Navy got as much out of me, as I learned and earned from serving. It is the basis of our company."


This sounds obvious, but: If the landlord is easygoing, you could ask him if he's okay with you subletting the space, and then you could sublet it.  Of course you may have to do some work yourself to find an appropriate tenant and make sure you're doing everything legally, but if it works, it's better than paying rent for nothing.


There is no generic answer and it would depend on case to case basis.  CSD are built on strong foundation in the sense they would have very low cost base and generally would not go bankrupt.  However if such a situation as CSD provide an essential role, the regulator, central bank and Government would all step in to prevent a total collapse. They would be forced merged with other entity or more capital raised or put under watch by Govt appointed trustee to settle issues so that there is least or No impact.


"I don't look to Super or Pension, I am working on self funding. My method is work in Sydney and buy a house in Sydney (I bought 6 years ago). Let my property rise on this stupidly insane Sydney growth (my place has risen by 76% in the last 6 years and thats in a ""bad"" economic climate). Each time the equity hits a certain point get an investment property on an interest only home loan and rent it out. Build this portfolio up as much and as quickly as you can. Repeat over and over until I decide to retire. Sell up investment properties and buy NOT IN SYDNEY where it is much cheaper and move there, keep the main house I always lived in as by this time I will own it outright, rent it out for an income that will more than sustain me in my retirement. Although there is also merit in the idea of sell the one you lived in and use the money to pay of one of the investments, this way you avoid capital gains tax. This idea came to me last night :)"


"Your comment is more related to economics rather than finance. You're right that with conventional, everyday goods that ""value"" is an entirely subjective thing. Economists formalize this idea with the notion that people's preferences determine market prices.  In finance, though, ""fundamental value"" relates to the value of the cash-flows produced by a financial asset. In Marxian terms, we're talking about exchange value - what can I get if I take this bond/stock and sell it. The value I get should be equivalent to the monetary value of the cashflows produced by that asset over time, discounting for uncertainty, etc. So, ""fundamental value"" is a bit more objective in finance since these things produce something quasi-objective - cash."


Here's a few:


Since cashiers, and everyone else, should have to suffer for the failures of our upper classes over the past 30 years, I propose we include the upper classes in this roster of those who should suffer. Would that be okay, or should they continue to do better and better while the rest of us do worse?


"This is why I hate any article talking about luck and success.  It gives people an excuse as to why they aren't successful in life (I'm not lucky) and a way to shit on anyone that is successful (something Reddit loves).  ""See if you throw enough mud at a wall, eventually some of it will stick. And if 20,000 people start a business, then most will fail, but some will succeed, and some will go through the roof.""  This doesn't really work.  If you keep doing the same stupid things over and over, you most likely will not succeed.  However, if you fail, learn from the failure, and try again over and over, you most likely will succeed at some point.  This isn't because of luck.  I've worked with a lot of people in business and the reason most fail is because they give up or are just not experienced enough to know the correct path.  I suppose I should be glad that the majority of people are lazy..it just means less competition for me.  ""The business acumen of the directors is sometimes capable of making a business MORE successful than it otherwise would be, but mostly, it's down to luck.""  If it really was luck, anyone could sit there, do nothing, and success would come upon them.  This never happens.  Every decision in life that you make involves some sort of chance (or luck), but it's not nearly as much as what you would like us to believe."


"One of the places I've worked at held a mandatory meeting every week, and I telecommuted. I clocked something like 6 hours a month sitting around with muted phone watching movies or playing games, because it was all pointless recapping or the partners droning buzzwords and saying shit that was patently obvious or totally irrelevant to anything I did on any real level. I literally logged in, then unmuted myself to say some bullshit ""Good meeting, thanks for the update"" or ""Yeah, I think this is going to help break new ground, thanks!"" at the end just so they knew I was still on the line."


"Where I'm from, ""extra income"" and side jobs are not really a thing. In fact, overworking is seen as a systemic failure. Uber drivers here mainly do it for a living but have to do long hours to meet ends."


Don't worry, Israel handles threats to its existance very well.  To remind you: the nuclear reactor in Iraq, destroyed by Israel in the 1970s. The nucelar reactor in Syria, destroyed few years ago.  Last week, the factory for chemical weapons which was not supposed to exist, does not exist anymore.  Many Iranian scientists died unexpectedly and if needed, there will be a cleanup job in Iran, with the help of all the Arab/Muslim neighboring countries, all of them hate Iran more than Israel does...


To add to this, that risk is really only a problem if you don't have the cash flow to service the debt. If the surplus dips but your ultimately profitable on whatever trade you made, you're okay. If you default, you're not okay.  Volitility relative to loan term effectively.


> I personally think MLM systems are shady.      You make this sound like a personal opinion.   It is a fact, MLM are a shady way to scam money from aspirational poor people.      If you want to scam poor people out of their money, go deal drugs.  At least that way you will likely make a profit.


Is China in a position to do anything meaningful - if they cared they would let the yuan appreciate and thus increase their domestic spending and reduce their trade surpluses. China does not care - or rather they have an interest in seeing Europe crumble as they relatively gain power.


Twice I went into Best Buy this summer and found items less than online.  I finally bought a floor model Canon t2i for $500.  I mentioned to the guy that this was less than a used one on eBay.  He mentioned corporate had just hired a guy whose whole job is to browse the internet and make prices competitive, at least where they are able to.


That's only the market rate if there is nobody else willing to do the job for less.  Look at how things go in 3rd world countries - the elite simply hire bodyguards and armored vehicles/helicopters to transport themselves around.  You would have to prove somehow that your bodyguard services are worth 1/2 their net worth, and that nobody could do as good of a job for less than that.  The rich communities become walled compounds with private mercenaries keeping the riff raff out.  In these countries, there's any number of willing young men to earn in a month what most of the country makes in a year to take up arms against their fellow citizens in defense of the elite.  Security just becomes another minor expense to keeping up a household.


Just before a crash or at the start of the crash most of the smart money would have gotten out, the remaining technical traders would be out by the time the market has dropped 10 to 15%, and some of them would be shorting their positions by now.  Most long-term buy and hold investors would stick to their guns and stay in for the long haul. Some will start to get nervous and have sleepless nights when the markets have fallen 30%+ and look to get out as well. Others stay in until they cannot stand it anymore. And some will stick it out throughout the downturn. So who are the buyers at this stage? Some are the so called bargain hunters that buy when the market has fallen over 30% (only to sell again when it falls another 20%), or maybe buy more (because they think they are dollar cost averaging and will make a packet when the price goes back up - if and when it does). Some are those with stops covering their short positions, whilst others may be fund managers and individuals looking to rebalance their portfolios. What you have to remember during both an uptrend and a downtrend the price does not move straight up or straight down. If we take the downtrend for instance, it will have lower lows and lower highs (that is the definition of a downtrend). See the chart below of the S&P 500 during the GFC falls.  As you can see just before it really started falling in Jan 08 there was ample opportunity for the smart money and the technical traders to get out of the market as the price drops below the 200 MA and it fails to make a higher peak. As the price falls from Jan 08 to Mar 08 you suddenly start getting some movement upwards. This is the bargain hunters who come into the market thinking the price is a bargain compared to 3 months ago, so they start buying and pushing the price up somewhat for a couple of months before it starts falling again. The reason it falls again is because the people who wanted to sell at the start of the year missed the boat, so are taking the opportunity to sell now that the prices have increased a bit. So you get this battle between the buyers (bulls) and seller (bears), and of course the bears are winning during this downtrend. That is why you see more sharper falls between Aug to Oct 08, and it continues until the lows of Mar 09. In short it has got to do with the phycology of the markets and how people's emotions can make them buy and/or sell at the wrong times.


Do you have direct deposit of your paycheck? If so, almost every employer will allow you to split the paycheck into two accounts. You could open one account for savings, and one for spending. Put $x from each paycheck into the savings account, and the rest into the spending account. Keep the savings account totally separate, with its own ATM card. There should be no way to get money out of this account except by using the SEPARATE ATM card. Now, get a dish of water. Put the ATM card in the dish of water. Put the dish of water in the freezer.  If you are ever tempted to spend your savings, you'll have to wait for the block of ice to defrost. Hopefully, while the ice is defrosting, the urge to waste money will pass :)


Have you ever been so poor as to be destitute? Not just someone with a hard scrabble life but someone with no options? I come from a third world country and was so poor that sometimes, I went hungry for days and on others, had nothing more than a banana to eat. My parents pawned all their meager savings to ensure I got a good education and was supporting my parents straight out of college.   I am one of the lucky ones who got away but I had plenty of hard-working, honest and talented friends who are stuck. You need to walk in the shoes of these people.   It is not always so simple. There are quite a few youth who while away their time on Reddit, games, hanging out on the corners of streets and so on but for every such person, there is a Dad or a Mom with a medical condition, a child whose parents are uneducated and too poor to teach their children at home, people who are too ill physically or mentally to work and having large medical bills and families that are barely surviving. Yet, they have chosen the hard, honest life over one of crime and petty theft. These people deserve our respect, even when we disagree with them.   I am an extreme libertarian who thinks all government programs should be abolished but I respect the liberal viewpoint. Churches and charity are not always the answer. Many times, it is also one of chance and station in life.  Edit - Pardon the lack of structure. This thread touched a raw nerve, even as I leave my old life behind and move towards a brighter future.  Edit - Need to add for posterity that I came to the US as a skilled worker and legal immigrant, having been invited due to my skills in a particular field.


Any investment advice that is not targeted to your situation should be avoided.


Paralegal?  It varies from country to country (assuming SomeDutchGuy is Dutch), but in the US you just file papers, no lawyer or legal professional needed.  That's why there's a limit on small claims court, so that small disputes can be settled without having to pay a lawyer (probably in excess of the disputed amount).


As you probably know, a credit spread involves buying a call (or put) at one strike and selling another call (or put) at another with the same maturity, so you're dealing with two orders. Your broker will likely have to fill this order themselves, meaning that they'll have to look at the existing bid/asks for the different strikes and wait until the difference matches (or exceeds) your limit order.  Obviously they can't place limit orders on the legs individually since they can't guarantee that they will both be executed.  They also don't care what the individual prices are; they just care what the difference is.  It's possible that they have computer systems that examine existing bids and asks that would fill your order, but it's still done by the broker, not the exchange.  The exchange never sees your actual limit order; they will just see the market orders placed by your broker.


Nofel. So basically I wanted to know how to calculate that how much should I be paying for car or rent etc? I'm not big on percentages.  Instead, I prefer hard numbers based on what you owe and what you earn. Here are rules of successful budgeting which I developed when deep in debt.  They apply to everyone: After going through this exercise, you definitely might realize that you need to move to a less expensive apartment, or trade your car in for something smaller, drink less, etc. Or even get a second job.


In Portugal, Uber competes with Cabify. Though Uber is the cheapest, Cabify is only marginally more expensive (10% max usually), no dynamic pricing, great customer service, they give you water for free if necessary - great for when you go out, cars are newer/better overall, drivers are nicer and they themselves mention that Cabify on top of commission it also pays them a fixed price/hour which even if low it guarantees them some money on the table.  I personally switched due to the PR scandals and honestly for the reasons I mentioned I don't know how people still go for Uber over here.


Actually, I was listening pretty closely and heard very, very few people speaking about the budget.  They were typically ridiculed (often, by republican cheerleaders).   You make a good point about shills.  Unfortunately, the vast majority of so-called deficit hawks are the shills you are talking about.  Also, lets not redirect the focus.  The article is about the budget. Not Obama, war protesters, or anything else.


RoyalBank provides a no fee transfer service (no fee in the sense that there is no per transfer fee aside from the spread). There is monthly fee if you keep less than 1500 or so on the american side. http://www.rbcroyalbank.com/usbanking/cross-border-transfer.html


"@sdg - If you can be flippant, I can be pedantic. Insider Trading is not illegal. Any employee of a company can be an insider, yet most of their trades are perfectly legal. What is illegal is trading on Inside Information. Such information may be available to those within a company, or those who have some contact with an employee. In fact, if I am seated at a restaurant table and hear Bill and Warren talking about a purchase they plan to make, I am in possession of inside information and risk prosecution should I purchase shares and profit.  Often, a company will have a ""quiet period"" before earnings reports or potential stock-price-moving-news. During this time, employees are forbidden from buying or selling shares, excluding those that would be automatically bought in their retirement accounts or ESPP."


because it's not cheaper? it's virtually free to run a private chain (no transaction fees, no competition for mining), it doesn't require even a millionth of a fraction of the maintenance resources, and you maintain total operational control over it (bitcoin could crash, it's encryption could be broken, 100's of things could change which would totally shitbrick your internal infrastructure). lastly, if you want, you can destroy the chain (say if you are sharing private documents with another legal firm, you can destroy the chain when the case is done, the documents wont be floating in a public chain for perpetuity).  the mega chain is a very stupid idea because it forces everything to be hosted by everyone, which very quickly loses feasibility, instead you will likely see an increase in very specific use case chains.


First, it all depends on whether the wrong person actually goes bankrupt at all, which would be very unlikely if not impossible in an economic scenario of perfect competition (this is because a share of your market is practically guaranteed).    Second, Securing new capital to keep things going would be relatively simple; At a new bond auction, people can put new measured capital in, and they get new bonds out, increasing their wallet size (if someone invests $500 of capital at a 5% interest rate for a one year bond, they immediately get back a note with the purchasing power of $525, which they can spend right away if they wish (if inflation is going to happen anyway, why not beat it to the punch?)).    Third, it's not as if every single company in the whole territory is going to have their bonds zooming around as the money supply at one time; They might be as few as five at one time to twenty at another, depending on the diversity of peoples preferences for monetary activity, be it an easy or tight monetary policy (obviously the market would decide exchange rates, no one's arguing that)   Fourth, even if they ever did go bankrupt, since you already used up your share of their bonds, the other firms can't blame you for that, because you honestly went about using them with no knowledge that the firm would go bankrupt ever.  Think of the Schrodinger's cat assumption applying.


Trump is two months away from saying that 9/11 was an inside job and that Clinton tried to use chem-trails on him.   He is a paranoid, deluded, sick man.   If we go to war because of this asshole, and millions die, Congress will have to be tried for treason for crimes against humanity for not stopping this and choosing to further their agendas instead.


You missed my point. Unless the iWatch is the only device saving me from impending death, the odds that I (a idevice addict) will ditch my grandfathers memories are extremely small.   The wrist for some people is no-go real estate exactly for that reason.


Just remember that LightSquared might bring real competition to wireless cell and broadband services and the big wireless vendors have every incentive to kill the wholesale network before it ever becomes real.  The article even says the tests are are at a much higher power than LightSquared would use.


I've been a retail trader for close to 7 years and while I have a specialized futures account, I use Interactive Brokers for my other trading. They charge per share or contract rather than per trade (good for smaller accounts  or if you want to piece into and out of positions). You can also trade just about anything. Futures, options, options on futures, individual stocks, ETFs, Bonds (futures), currencies. The interface is pretty good as well. I have seperate charts (eSignal) so I'm not sure how good their charting is


You can obtain a stocklist if you file a lawsuit as a shareholder against the company demanding that you receive the list. It's called an inspection case. The company then has to go to Cede and/or the Depository Trust Company who then compiles the NOBO COBO list of beneficiary stockholders. SEC.gov gives you a very limited list of people who have had to file 13g or 13d or similar filings. These are large holders. To get the list of ALL stockholders you have to go through Cede.


You'd likely be subject to a lock-up period before you could sell the shares along with possibly having other rules about how you could sell your shares as you'd likely be seen as an insider that may have information that gives you an unfair advantage for selling the stock possibly. Depending on how far in advance you hold the shares, you may or may not have adjustments in the valuation and number of shares as some companies may do a split or reverse split when preparing for an IPO. A company I worked for in the late 1990s had an IPO and my stock options had a revised strike price because of a reverse stock split that was done prior to the IPO.


There is a thing called the consumer price index (CPI) There is a basket of goods that the people who keep the index basically shop for.  It is much more detailed for the sake of accuracy, but bottom line is they shop for the same stuff each year.  They measure the difference from year to year and that gives you a pretty good idea of inflation from a regular person point of view. http://www.inflationdata.com/Inflation/Consumer_Price_Index/HistoricalCPI.aspx But it isn't without its faults, people bicker about the methodology and what constitutes the index. http://www.investopedia.com/articles/07/consumerpriceindex.asp?viewed=1


"Well I doubt that the gay consultant from a notable New York family married to a Puerto Rican dancer and living in San francisco would have a son in Kentucky. If he had a previous marriage, it is supposed to say so in a NY Times wedding announcement by the way  ""Knopf"" is probably a fairly common German name.  David Knopf at Kraft Heinz does not appear to have any family connection to his job. Kraft Heinz is owned by 3G, a Brazilian private equity firm founded by that country's richest man, Jorge Paulo Lemann. The 3G group owns various large companies around the world. Knopf graduated from high school in Louisville in 2006, summa at Princeton in 2010, two years at Goldman Sachs, then joined 3G and rose to CFO at their subsidiary Kraft Heinz in 5 years. I think it looks like he is primarily responsible for his own success, and there is no evidence otherwise"


Everyone has shifted to social media platforms and spend a lot of time from their routine life surfing the interest and the various platforms such as Facebook, Twitter, Pinterest, and much more. One of the biggest social media platforms is Pinterest. Pinterest is a big social media platform that reaches a large number of audiences and peoples browse their website for various creative ideas on any topic or subject. Many companies offer Pinterest Activities Promotion Costs in India and you can sit with them and understand what various package has to offer.  http://smocompaniesindia.com/Pinterest-marketing-plan.html


I never said all public employees fly first class. I worked in the public sector for 3 years and flew economy and most of colleagues did as well so I agree that most public employees fly coach.   Maybe I didn't explain what I did before starting a business. As a computer programmer for 15 years, I've worked for 2 private companies and 1 publicly-funded educational organization. Public or private, I've always flown economy except for a couple of times where I was bumped to first class by the airline.   A lot of people fly coach when taking personal trips so it would be hypocritical of them to demand first class from their employer for business trips. I guess it just pisses me off when people brag that they fly first class or business class or booked a posh hotel room with a view when their paycheck comes from tax dollars or union dues.


I'm aiming to buy in four and a half years... I'll have about $120k in savings between various accounts and be making $52k a year with no debt and no obligations... no kids, I'll have excellent credit (building it--I didn't want cards while paying off student loans) and still... I'll be lucky to be able to afford a 600 sq foot condo with a $300/mo HOA fee.   Fucking SF Bay Area. I can't even afford to live in a Section-8 complex right now. Seriously. What the bloody fucking fuck ($1,500/mo if you're not Section-8... they get discounts).   Thank goodness for my dad, he's the only reason I was able to pay off my student loans within two years of getting my current job and the only reason I am able to save so much.  Our system is seriously fucked. People making $44k a year should be able to afford an apartment within a hour commute of work in an area where they don't have to dodge bullets or fight rats....


Proportional is good, but we don't need redistribution. The market mechanism does that on its own when it's free. The bailouts of the banks and auto industry should have shown that the only thing stopping a major, but poorly run business from bankruptcy (and having its assets redistributed) is government intervention.  Maybe the change will light a fire under complacent companies and they'll start earning their profits again, or maybe they'll fail. There's no way to know ahead of time, but with no legal barriers to entry, the playing field will be fair again.


I was under the impression that Congress needed the President's Signature for a bill to become law, and the President has the power of Veto. In reality he has quite a bit to say about policy, especially because neither party would have a 3/4 vote to overrule a veto.


The best way to use your new credit card to establish credit history is to use it for small-medium purchases and pay it off in full each month. There is no reward for using it more than once a month. If you are getting some sort of rewards for using the credit card to pay your health insurance (air miles, points, etc.), then you could go ahead and use it. Your credit score will take a temporary hit for high utilization. You can actually avoid this by making a partial payment before the end of the billing cycle so that your utilization is never reported as near 100%.


Assuming the stock was worth more at the time she gave it to you than when she bought it, the cost basis would be the amount that she bought it for. You would then pay tax on the increase in value from that time.  Generally it's better to inherit assets than receive them as gifts, since the cost basis of inherited assets is raised to the value at the time of the death of the one leaving the inheritance. You will probably need to find some record of the original amount paid so you can determine the right cost basis.


Such regulation went into effect in Poland a few years ago. What happened was that the advertisers began putting more low frequency tones into the ads - the power output was the same, but due to the way humans are wired, the ads were still percieved as louder. I wonder if the same thing will happen in the US :)


The investments offered in 401K are usually limited to a selection of mutual funds offered by a 401K provider.  The 401K providers and the mutual funds charge fees.  The mutual fund industry has a lobbying group that will push for increased 401K contributions to direct money into their mutual funds to collect fees.  The top 401 K provider in 2005 was fidelity.  It managed $337 billion in 401Ks of which $334 billion was directed into mutual funds. Although I would have to use some of the same providers to open an IRA, I would not have to invest in the providers' mutual funds when I open an IRA.  I can buy a stock and hold onto it for 10, 20, 50 years inside of my IRA.  Thus, the only fee the investment company would collect from me would be from when I purchased the stock and when I sold the stock.  Not nearly as profitable as mutual fund fees.


I seem to remember multiple airplane projects that went way overbudget even without outsourcing though. As they said, the manufacturing cost is only around 10%, so even if it costs *double* to outsource do to poor decisions, it still is a minority fraction of the entire cost.


"I think it's very reasonable to expect a person to back up a claim they've made. Telling someone to ""go to Google"" seems rather lazy to me, or at least promoting extremely poor conversation skills. Or do you not agree that someone should support their own claims?   Your suggestion doesn't even make sense, to be honest. You're telling someone to check someone else's claim using a website that both confirms and contradicts the claim.  >Reading usernames would definitely be a valuable skill for you to practice going forward.  Thanks for repeating what I said, I guess?"


Have tact. Don't outright ask for it but drop all the hints/info for him to add two and two together. If he doesn't offer it to you today, he might tomorrow so don't ask for too much at once (you'll sound pushy and needy) and just appreciate the time to speak with someone successful even if he doesn't offer you a job.   During the interview, you'll want to find that right balance between being inquisitive and being stupid. Anything you can Google is probably a stupid question. Anything that asks for his opinion on a topic relevant to his field should be a better option. Career advice and any life advice and stories of how he tackled common problems you're facing are safe options.   At least that's my take on how these interviews should work. Easier said than done so keep practicing like you are now. Good luck.


"In finance  What kind of amorphous bullshit is that? There are literally hundreds of different things that can varyingly be termed ""in finance"". If you want the traditional big bank job working as a spreadsheet monkey, very fucking difficult right now. Masters in finance doubling down on a BS: if it's from Princeton, great, if it's from Blue Mountain State, whatever. A CFA is getting common but it might help - it probably won't hurt at least.   If you mean ""as a big shot trader for a hedge fund"" the answer is precisely impossible with only that on your resume. If you mean entry corporate finance, it's certainly possible (although you should not listen to anything I say in this regard as I've successfully avoided learning much about the subject thus far and have no intention of changing that, thus am as roughly as reliable on that as a wet paper towel)."


Unless you're eating live turkeys, you're saying that simply raising things give us the right to abuse them.  It doesn't matter whether its for food or not, that part happens after they're dead.  Maybe I'll start chopping off my cat's toes for shits and giggles--I am, after all, the one raising it.    Do you maintain the same sentiment towards the abuse of dogs before slaughter in South Korea and China?  What about bears tortured for their gall bladders?  I mean, that's what they were raised for.


"man your insults are really shit. almost as bad as your literacy.   looking forward to the next great question you posit to r/finance. maybe such challengers as ""what's a stock index"" and ""i bought uvxy - what is it?"""


You will owe tax on all but the deposit that was not taxed.  e.g. You deposited $5000/yr for 3 years, and deducted $5K for each of 2 years (the third $5K  deposit was a nondeductible IRA contribution which you reported to the IRS by filing Form 8606 with your tax return for that year). Now you convert the total balance of $18K ($15K of contributions plus $3K of interest/gains). In this case, $5K is not taxable income while the $13K is taxable income. This calculation is done on Form 8606 for the year of the rollover. Edit in response to OP's comment. The Roth conversion is text based on the value of a day it was  converted. One thing to be aware of is that you can re-characterize up until the time you file your taxes for 2017 in April 2018 (or with extension up until October).  This offers you the opportunity to undo the conversion if for whatever reason the value is lower at the time you do your taxes or if the converted amount will put you into a higher tax bracket. You don't need to give the IRS a reason, it's up to your discretion. As Dave note in a comment, the conversion isn't all or none. The recharacterization, along with this fact, help you to fine tune exactly how much in converted in hindsight.


If it helps you to think about it, long is equivalent to betting for the upside and short is equivalent to betting for the downside. If you are long on options, then you expect the value of such options to increase.  If you are long an option, then you own the option.  If you are short an option, then generally you sold the option.  Someone who is short a call (sometimes called the writer or occasionally the issuer) has sold a call option to someone who is now long a call. Buying a call option that will increase in value is itself a form of investment, just as it's investment to buy stock or other instruments hoping they will appreciate in value.  An option's value will rise or fall with the underlying, so being long an option is a way to be long in the underlying.  Someone can be long in a stock by buying the stock, or long in a call by buying call options in the stock.  The long call generally requires less initial investment than buying the underlying, and lets the option-holder avoid the asset downside during the option term.  The risk is that the asset may not appreciate to the point that the call option will pay off. In the conceptual sense, a share of stock is a particular right to the profits and assets of a corporation, both in form of dividends and in liquidation.  An option is a particular right to the the share of stock.  It's just a further way to formalize and subdivide the various property rights that exist in a corporation.  If you can buy a piece of paper with particular rights to corporate profits and assets, then you can buy another piece of paper with particular rights to the former piece of paper.


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"Every bank/financial institution uses different terms but I read ""cost of carry"" as the 'risk' cost of the portfolio. that is, what is the equivalent maturity risk-free rate + the principal-weight probability of default (or to make it more complex, loss give default) %. If this summed % is less than the rate earned on the portfolio of loans you would buy loans. The difference is your spread or profit."


"Mostly ditto to @grade'eh'bacon, but let me add a couple of comments: Before I did anything, I'd find out more about what's going on. Anytime someone tells me that there's a problem with ""security codes or something"", I get cautious. Think about what the possibilities are here. Your relative is being scammed. In that case, helping him to transfer his money to the scammer is not the kind of help you really want to give. Despite your firm belief in your relative's integrity, he may have been seduced by the dark side. If he's doing something illegal, I'd be very careful about getting involved. My friends and relatives don't ask me to commit crimes for them, especially not in a way that leaves me holding the bag if things go wrong. Assuming that what is going on here is all legal and ethical, still there is the possibility that you could be making yourself liable for taxes, fees, whatever. At the very least I'd want to know what those are up front. As @Grade'eh'bacon, if he really has a problem with a lost password or expired account, by all means help him fix that problem. But become someone else's financial intermediary has many possible pitfalls."


In the Virginia, all the military homes owners are military man. They have very strict rules and regulations. If you are looking for military rental homes, make sure it is a safe area that may be reached safely in all weather conditions.


What is the best option to start with? and  I am not sure about my goals right now but I do want to have a major retirement account without changing it for a long time That is a loaded question. Your goals should be set up first, else what is stopping you from playing the mega millions lottery to earn the retirement amount instantly. If you have the time and resources, you should try doing it yourself. It helps you learn and at a latter stage if you don't have the time to manage it yourself, you can find an adviser who does it for you. To find a good adviser or find a fund who/which can help you achieve your monetary goals you will need to understand the details, how it works and other stuff, behind it.  When you are thrown terms at your face by somebody, you should be able to join the dots and get a picture for yourself. Many a rich men have lost their money to unscrupulous people i.e. Bernie Madoff. So knowing helps a lot and then you can ask questions or find for yourself to calm yourself i.e. ditch the fund or adviser, when you see red flags. It also makes you not to be too greedy, when somebody paints you a picture of great returns, because then your well oiled mind would start questioning the rationale behind such investments. Have a look at Warren Buffet. He is an investor and you can follow how he does his investing. It is simple but very difficult to follow. Investing through my bank I would prefer to stay away from them, because their main service is banking and not allowing people to trade. I would first compare the services provided by a bank to TD Ameritrade, or any firm providing trading services. The thing is, as you mentioned in the question, you have to go through a specific process of calling him to change your portfolio, which shouldn't be a condition. What might happen is, if he is getting some benefits out of the arrangement(get it clarified in the first place if you intend to go through them), from the side of the fund, he might try to dissuade you from doing so to protect his stream of income. And what if he is on a holiday or you cannot get hold of him. Secondly from your question, it seems you aren't that investing literate. So it is very easy to get you confused by jargon and making you do what he gets the maximum benefit out of it, rather than which benefits you more.  I ain't saying he is doing so but that could be a possibility too, so you have consider that angle too. The pro is that setting up an account through them might be much easier than directly going to a provider. But the best point doing it yourself is, you will learn and there is nothing which tops that. You don't want somebody else managing your money, however knowledgeable they maybe i.e. Anthony Bolton.


No such law in existence or planning. There are no limits on what you can transfer in or out of the USA, as long as you're not doing tax evasion/money laundering, or violating embargo laws against specific countries and organizations. Explanation why Rob's answer is wrong: There's no, and never has been, withholding requirement when transferring money between own accounts. FATCA doesn't impose any new withholding. It reinforces the existing 30% withholding requirement, and suggests that the 30% withholding requirement may supersede treaty positions. Generally internal legislation cannot supersede international treaties, so I'm very skeptical about the US Gov't ability to enforce this. 30% withholding on payments to  foreign people/entities has always been there. It's not new. Certain payments that are income sourced in the US and being remitted to foreign payees is subject to 30% withholding (unless treaty says otherwise). There's nothing new about it, been like that forever.


The U.S. treasury sells Treasury Bonds directly to consumers at: http://www.treasurydirect.gov/


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"This is accepted law in Pennsylvania, however, I will defer to your expertise and state that the decades long precedents are incorrect and every judge that allows cases to continue is wrong and you are correct.    The Internet is great for things like that.    Hopefully the next person in court can simply state:  No your Honor, the landlord did not follow established law!   Court rulings be damned.    I was on reddit and /u/OriginalSimba stated unequivocally said that what is happening is ""legally impossible"" and that the decades of precedent that exist is simply because ""the court screwed up"".    Heck, they can take it further to state that ""every lease in Pennsylvania is illegal"".    I offer sarcasm as a response but if this was a single ruling I might agree with you.  It's well established here in the great Commonwealth of PA.  I say it's been around 30 years because I've been a landlord here for over 20 years, and a renter for about 10 or so before that.  The clause has always been there.  The basis for today's laws here in PA are from the Landlord Tenant Act of 1951.  I'm not a lawyer so I can't tell you when the first waiver of rights came about but it's very possible it could go back that far."


At-will state or not, I would make it a point to tell him I voted for Obama, and when I got fired this email plus my response would be pretty good grounds for a case. You can't fire someone for being gay in an at-will state, and you can't fire them for their political beliefs. What he did wasn't illegal, but he set himself up for an easy trap from a litigious employee. No one ever said he was smart though, he did some asinine things with his mansion.


">The culture does, indeed, glorify all the best parts of startup-dom and creates a toughness challenge that renders ""no, this may not be a good idea"" unfalsifiable because failure are personal while successes are cultural.   At this point, the same can be said for American capitalism as a whole."


Because some overhead expenses will be shared (accounting, most salaries, sales etc.) it's far easier to give him an ownership stake in the company because you won't be able to calculate net profit for each component correctly. What I would say to him is, in exchange for $80K and the contract with his building company (make sure it is significant enough to be worth it$ you will give him 35% of the company.   How did you come up with he $1 million in net profit calculation? How much of that is reliant on his business?


"I used prosper.com about 4-5 years ago and all my loans have paid off since.  I stopped using it because it was difficult to find people who were not fools.  The last straw was a profile that went something like this: ""NEED $5k TO GET OUT OF DEBT"" and then listed Cable TV as a $130/mo expense along with a bunch of other frivolous stuff.    Perhaps it has improved since?"


I lived in California for 35 years. I have never heard of canes.   When people would come to California from other states (particularly back east) - they would *always* say “I heard we have to go to “In’n’Out” while we are here for our trip.   I call shenanigans. Get a broom.


Since you worked as an RA, the university should send you a W2 form. The taxable wages line in that form would be the sum of both the direct salary and employer paid benefits that are taxable. As such you should not need to do anything than enter the numbers that they provide you.


For ESPP, the discount that you get is taxed as ordinary income. Capital gains is taxed at the appropriate rate, which is different based on how long you hold it. So, yes, if the stock is going up,


While JB King says some useful things, I think there is another fundamental reason why stock markets go down after disasters, either natural or man-made.  There is a real impact on the markets - in the case of something like 9/11 due to closed airport, higher security costs, closer inspections on trade goods, tighter restrictions on visas, real payments for the rebuilding of destroyed buildings and insurance payouts for killed people, and eventually the cost of a war. But almost as important is the uncertainty and risk. Nobody knew what was going to happen in the days and weeks after an attack like that. Is there going to be another one a week later, or every week for the next year? Will air travel become essentially impractical? Will international trade be severely restricted? All those would have a huge, massive effect on the economy. You may argue that those things are very unlikely, even after something like 9/11. But even a small increase in the likelihood of a catastrophic economic crash is enough to start people selling. There is another thing that drives the market down. Even if most people are sure that there won't be a catastrophic economic crash, they know that other people think there might be and so will sell. That will drive the market down. If they know the market is going down, then sensible traders will start to sell, even if they think there is zero risk of a crash. This makes the effect worse. Eventually prices will drop so far that the people who don't think there is a crash will start to buy, so they can make a profit on the recovery. But that usually doesn't happen until there has been a substantial drop.


Let's be honest though; you would to if accepting reality meant that your way of life, your job, your grossly inflated salary, etc. just dried up over night. They're doing everything they can, hemorrhaging money buying law makers, paying lawyers, fighting tooth and nail to keep the dam from bursting. I can see why they'd do that, it makes sense. And the people who aren't at the top making millions a year in those respective area should also be terrified. The fallout from the newspapers was bad enough, swaths of people were laid off, wages were cut all around. It will not be a pretty sight to see when this happens to TV and Music. I imagine the Music industry will collapse first, mostly because they've been in the fight a lot longer than TV has, and so much new talent is actively avoiding them.


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"These warrants do not have a fixed expiration date, rather their expiration date is dependant upon the company completing an acquisition.  Thirty days after the acquisition is complete the warrants enter their exercise period.  The warrants can then be exercised at any time over the next five years.  After five years they expire. From the ""WARRANT AGREEMENT SOCIAL CAPITAL HEDOSOPHIA HOLDINGS CORP."": A Warrant may be exercised only during the period (the “Exercise Period”) (A) commencing on the later of: (i) the date that is thirty (30) days after the first date on which the Company completes a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination, involving the Company and one or more businesses (a “Business Combination”), and (ii) the date that is twelve (12) months from the date of the closing of the Offering, and (B) terminating at the earliest to occur of (x) 5:00 p.m., New York City time on the date that is five (5) years after the date on which the Company completes its initial Business Combination, (y) the liquidation of the Company in accordance with the Company’s amended and restated memorandum and articles of association, as amended from time to time, if the Company fails to complete a Business Combination, and (z) 5:00 p.m., New York City time on, other than with respect to the Private Placement Warrants, the Redemption Date (as defined below) as provided in Section 6.2 hereof (the “Expiration Date”); provided, however, that the exercise of any Warrant shall be subject to the satisfaction of any applicable conditions, as set forth in subsection 3.3.2 below, with respect to an effective registration statement Source : lawinsder.com"


"Years ago I wrote an article Risk, Reward, Coin Flipping which explains from a 'game theory' perspective how diversifying works to minimize standard deviation in one's returns.  It's long and tedious, not easy to summarize, but it holds up well, I'm pleased with how the analogy does its job.  Update - the above is too ""link-only"", written over 5 years ago. The article I wrote offers a mathematical approach via an understandable example of coin flipping. With just 2 options, a 'head' is a 10% loss, while a 'tail' is a 30% gain. This actually represents the market fairly well as it results in a 10% average gain and 28% standard deviation for just 2 flips. The article shows how by 'diversifying', choosing to make multiple smaller bets, the average 10% stays the same, but the standard deviation is brought down dramatically, 7.6% when we use a sample experiment with 7 coins."


"I have no fundamental problem with unions; I just think they've overplayed their hand of late, and perhaps would find it valuable to work on better defining or improving the unique value of their workers if they intend to regain even a small sliver of thir previous influence.  On to your point ...  As I (poorly) tried to say, the PR hit from a strike is one ""cost"" that a company must evaluate in determining whether it makes sense to replace workers.  In many cases, the cost of the PR hit is considered lower than the cost of appeasing the union members these days."


http://www.scottrade.com/online-brokerage/interest-margin-rates.html  Rates fluctuate based upon the federal funds rate.


As a hiring manager, I've never had someone mention glass door in an interview, good or bad.  I don't think it really matters for most people.  The people who would look to glass door for a deciding opinion probably don't have many outstanding offers to choose from.


"The larger macro funds, the ones struggling in this environment, need there to be a""normal"" amount of volatility in the market to make money. They need price action to provide buy/sell points, and to help them spot trends. The one way market we have been in for a long time makes this difficult/impossible. And then when we get two days in a row like we just had, it can really fuck them up and will lead them to take positions of at the worst time. And the loses are larger because all the macro funds use leverage, so a dollar loss could really become $3-6.  The index funds are winning right now, no doubt. But they will have thier day off reckoning too, we just don't know how that plays out...yet.  everyone put active mutual funds in the trash two years ago, and they are having the best year they have had in ages. It's all very cyclical. (Sorry for one paragraph, I'm on mobile.)"


If you are using T-mobile you don't have to put $100 in each year to keep your minutes for a year.  Once you spend $100 you get a year with any additional minutes you buy.  Buying them $100 at a time is the cheapest way - but when you renew you can renew with only $50 or $30 and you have a year to use them from the last time you bought. I did this this year - only put $50 on each phone because we don't use $100 worth in a year.


Given that Uber is nothing but a payday loan scam where you steal money from your future self, and give 25% of it to Uber, it is simplicity itself to know that this must also be a scam. Avoid like the plague.


Đây là một trong những nhóm thực hiện tổng thể cao hơn cung cấp dịch vụ thạch cao giá rẻ, chúng tôi sử dụng vật liệu tốt nhất. Mục tiêu của chúng tôi là hoàn thành sự hài lòng về trần nhà và thạch cao đúng cách bền lâu. Bất cứ khi nào bạn muốn sửa chữa nhà hoặc làm thạch cao bằng vật liệu tốt nhất tran thach cao dep, thì bạn không cần phải đi đâu cả, bởi vì bạn đã đến đúng nơi. SMY Plaster là một trong những nhà cung cấp dịch vụ tốt nhất thế giới về thạch cao và trần nhà.


"Your #1 problem is the Government both in it's form as a taxation outfit and as a 'law and order' outfit.  You'd be very surprised at how fast a bank seizes your bank account in response to a court order.  Purchase 100 Mexican 50 Peso Gold (1.2 oz/ea).  These coins are cheap (lowest cost to get into) and will not be reportable on sale to taxing authorities.  That money is out of the banking system and legal system(s).  Do not store them in a bank! You need to find a tax strategist, probably a former IRS agent / CPA type. With the rest remaining money...  There's an old saying, Don't fight the Fed.  As well as ""The trend is your friend"".  So, the Fed wants all savers fully invested right now (near 0 interest rates). When investing, I find that if you do exactly opposite what you think is the smart thing, that's the best thing.  Therefore, it follows: 1) Don't fight the Fed 2) Do opposite of smart 3) Do: Fight the Fed (and stay 100% out of the market and in cash) We're looking like Japan so could remain deflationary for decades to come.  Cash is king..."


"Fuck exempt salary positions.  The necessary reform is overtime for anyone who isn't a partial owner.  If you own a company and want to work a 100 hour week, fine.  But you cannot hire an ""exempt"" employee and work them 100 hours because of some classification.  Any non-owner should get overtime.  That would fix the massive unemployment/underemployment problem straight away.  If businesses can't force people to work two jobs for the pay of one, they'll have no choice but to hire more people.  The other problem is unpaid internships.  If someone works, they get minimum wage.  Probably more.  Remember, people fought and died for 40 hour weeks and fair labor laws.  Asshole corporations have fought to deny this.  I'm surprised they haven't tried to repeal child labor laws yet.  Most of them would be happy with ten year-olds working ten hour days for nothing."


Your example isn't consistent: Q1 end market value (EMV) is $15,750, then you take out $2,000 and say your Q2 BMV is $11,750?  For the following demo calculations I'll assume you mean your Q2 BMV is $13,750, with quarterly returns as stated: 10%, 5%, 10%.  The Q2 EMV is therefore $15,125. True time-weighted return :- http://en.wikipedia.org/wiki/True_time-weighted_rate_of_return  The following methods have the advantage of not requiring interim valuations. Money-weighted return :- http://en.wikipedia.org/wiki/Rate_of_return#Internal_rate_of_return  Logarithmic return :- http://en.wikipedia.org/wiki/Rate_of_return#Logarithmic_or_continuously_compounded_return  Modified Dietz return :- http://en.wikipedia.org/wiki/Modified_Dietz_method  Backcalculating the final value (v3) using the calculated returns show the advantage of the money-weighted return over the true time-weighted return.


I would suggest a high interest checking account if you qualify, or if you don't, an Investor's Deposit Account (IDA).


It depends on the firm. I was interviewing with a few PE firms a few months ago, and the structure can vary. Some were definitely just LBO shops where the bulk of the staff were focused just on the deal. I remember a couple, however, that placed a lot of emphasis on getting in-house after the deal and performing what ultimately amounted to long term management consulting. These firms tended to hold companies for like 10+ years iirc. It sounds like there might be options out there in line with your passions, you just need to be pretty picky with the firm you join. I only remember one firm's name off the top of my head, but I'd be happy to pm it to you if you want to do some more research yourself.


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Thanks. Yeah, I am active on linked in and it's really great even for cold messages. I have a different experience with the groups. Usually, they are not active. Can you link me that group? But the organic reach on my profile is a lot better than on Facebook.


More relevant than comments here are giving it credit for - this is a direct impediment to Uber's plan for domination of global rideshare transportation networks.   Southeast Asia may see a repeat of Uber's defeat in China. SEA isn't as difficult of a market, but also consider Uber's current predicament without a CEO and with drops in valuation/investor cash.


$100K is not a lot for my $335K house (now appraised at $389K after 2 years...wtf), with Taxes close to $11500 per year. I'm paying 30K per year JUST for the house+escrow. Now factor in utilities, food, cars, insurance, healthcare, etc.


I see a lot of promises of pay and plans to do so but very few data on people being paid.   Higher minimum wages are great but for me until they've been doing it for a while it doesn't amount to much.


It isn't the first initiative (see link below) and maybe this one will stick around.  Time will be a good test.   Here is an article on it.... http://www.investopedia.com/articles/active-trading/020515/how-robinhood-makes-money.asp  They plan to make money off unused balances - so they hope to get the masses signed up using the 0$ fees.  Also, no type of advanced trading, just limit and market orders.   Think of it this way - even if someone puts in 100$ and buys a stock at 88$...that 12$ sits there.  Multiply that by say....200,000 accounts and then do a basic 3% return on that.   Also, they plan for margin accounts in the future.   Time will tell....  sort of like I use Acorn right now (but it charges a fee to invest - a slightly higher than normal one). I signed up for fun and am just letting it ride.


"> Some locations are typical ghetto dumps, and other locations are VERY pleasant, like Starbucks. The ""cafe"" concept will work if they push it.   Aside from McDs simply being unhealthy, This is one of the reasons I shy away from there (except for the once/twice yearly big mac combo); it looks like a dump and it just feels unclean standing there. They really need to class their places up. Presentation means something."


I feel like IRR is the tool you want to use for this, then you can look at your output and determine if it's higher than what your discount rate is likely to be.  Similarly, you can just do a traditional NPV analysis and then examine the sensitivity by changing the discount rate. If you're safely in profitable territory then you're probably fine despite not knowing the discount rate.


The sale of shares on vesting convolutes matters. In a way similar to how reinvested dividends are taxed but the newly purchased fund shares' basis has to be increased, you need to be sure to have the correct per share cost basis. It's easy to confuse the total RSU purchase with the correct numbers, only what remained.  The vesting stock is a taxable event, ordinary income.  You then own the stock at that cost basis. A sale after that is long or short term and the profit is the to extent it exceeds that basis.  The fact that you got these shares in 2013 means you should have paid the tax then. And this is part two of the process. Of course the partial sale means a bit of math to calculate the basis of what remained.


Are you referencing the stupidity of average tv subscribers?   It seems like TV could face serious problems with regards to ad revenue without a serious drop in the subscriber base. DVR and the internet seem to pose a big threat to the status quo.  Maybe I'm mistaken, but I thought advertising was a huge proportion of tv profits.


I find that most of the people who make this case either are threatened by Bitcoin's success (Jamie Dimon one of the banking cartel heads) and / or they don't own any Bitcoin.    Based on the concerted effort to tarnish Bitcoin's rep by various actors  simultaniously, I also wonder if the big money just wants to drive down the price a bit in order to get in at a lower price point.    All in all I suspect the short term setbacks for Bitcoin, which it always bounces back from rather quickly, are helpful in terms of some check on too fast a lift off for the platform.    Which crypto currencies will best retain and increase in value seems to be a much more accurate question than IF crypto currencies will retain value.  One thing I am nearly certain of is that when another global economic crash looms, crypto, which can't be inflated and isn't controlled by any central bank, will probably skyrocket in value.  But time will tell I suppose.


Some doctors will give folks who are not covered by insurance a price break. If that describes you, you could ask. But if you didn't discuss the price in advance, that isn't the doctor's fault, any more than it would be the mechanic's fault if you asked for auto service without getting an estimate first. Consider it a cheap lesson in not making assumptions.


For index funds to be a poor investment, they would have to perform worse than your alternative investments.  In this case, we'll assume the alternative to be the individual stocks.  Obviously, it must be possible to pick just the winning stocks and avoid the losing stocks, raising your rate of return... however, several studies have shown that individuals are horrible at picking winners.  We let our emotions, are biases, and are suppositions get in the way.  You could literally throw a dart, but then you either win big or lose big.  Picking the fund evens that out for you, so you don't win or lose big, but just get a consistently boring (yet consistently good) return. If you have a lot of time to put into the research, and are confident in your ability to pick winning stocks, then you can do better than the index funds.  Otherwise, sticking with the index fund is probably a smart choice.


huh? the Volker Rule is straight up repealed, in full.  >TITLE IX—REPEAL OF THE VOLCKER RULE AND OTHER PROVISIONS  >SEC. 901. REPEALS. >(a) In General.—The following sections of title VI of the Dodd-Frank Wall Street Reform and Consumer Protection Act are repealed, and the provisions of law amended or repealed by such sections are restored or revived as if such sections had not been enacted:  >(1) Section 603.  >(2) Section 618.  >(3) Section 619.  >(4) Section 620.  >(5) Section 621.  >(b) Clerical Amendment.—The table of contents under section 1(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act is amended by striking the items relating to sections 603, 618, 619, 620, and 621.


etags.com Legit eTags, a web service provider of vehicle registration renewals, also writes about tips for potential, new, and experienced vehicle owners for topics that range from tips on maintenance to insurance to buying a car and how to get the most and have the best experience.


Why would they?  Why negotiate against yourself?  They seem willing enough to have this either killed in the senate or altered in some way and brought back to them. Hensarling is chasing some dumb growth number and wants to be seen doing it. Most ranking republicans know this won't happen.


There is an IRS mandated rate for mileage reimbursement. I believe it's currently $0.55/mile. That covers gas, wear and tear, insurance, etc.   Not sure if they'd use that, but it's not like reimbursing people for driving their own car is a new problem to be solved.


"Congrats on the upcoming wedding! Here is the official answer to this question, from the IRS. They note that you can choose to treat your spouse as a US resident for tax purposes and file jointly if you want to, by attaching a certain declaration to your tax return.  Though I'm not a tax expert, if your partner has significant income it seems like this might increase your taxes due. You can also apply for an SSN (used for tax filings, joint or separate return) at a social security office or US consulate, by form SS-5, or file form W-7 with the IRS to get a Taxpayer Identification Number which is just as useful for this purpose.   Without that, you can write ""Non Resident Alien"" (or ""NRA"") in the box for your partner's SSN, and mail in a paper return like that.  See IRS Publication 17 page 22 (discussions on TurboTax here, here, etc.)."


To be fair, it's kind of hard to compete when you have to spend over $100k per vehicle on medallions, but the competition can just buy a car and start driving.  Don't get me wrong, the medallion system needs to die in a fire yesterday, but as usual when corruption is weeded out, mostly it's the wrong people who end up footing the bill. The politicians who created this racket are the real crooks, but they're not the ones who end up going bankrupt.


If you are still not convinced, think about this important fact, as well: Quite simply, the best time to rent Temecula apartments is during the winter or wet months when apartment communities are offering the most competitive specials and lowest rents.


Lightning rod has been protecting places for 100 of years. This is a tried and tested methods that has been used by most of the worlds tall buildings. Only the technology on which it is built has advanced as per the modern requirements. A lightning rod is erected on the roof of a building and it is connected to a conducting channel to take the huge discharge of electricity into the ground. Visit us online here: https://www.slideshare.net/HanrryAlexander/lightning-damage-77871643 all-you-need-to-know-about-lightning-and-lightning-rod/


You will pay taxes in both states!!! Where you bought the ticket as soon as you claim it.  and your residence state at the end of the year! Its called state Income Tax.


"At one point in my life I sold cars and from what I saw, three things stick out.  Unless the other dealership was in the same network, eg ABC Ford of City A, and ABC Ford of City B, they never had possession of that truck. So, no REAL application for a loan could be sent in to a bank, just a letter of intent, if one was sent at all. With a letter of intent, a soft pull is done, most likely by the dealership, where they then attached that score to the LOI that the bank has an automated program send back an automatic decline, an officer review reply, or a tentative approval (eg tier 0,1,2...8). The tentative approval is just that, Tentative. Sometime after a lender has a loan officer look at the full application, something prompts them to change their offer. They have internal guidelines, but lets say an app is right at the line for 2-3 of the things they look at, they chose to lower the credit tier or decline the app. The dealership then goes back and looks at what other offers they had. Let's say they had a Chase offer at 3.25% and a CapOne for 5.25% they would say you're approved at 3.5%, they make their money on the .25%. But after Chase looks into the app and sees that, let's say you have been on the job for actually 11 months and not 1 year, and you said you made $50,000, but your 1040 shows $48,200, and you have moved 6 times in the last 5 years. They comeback and say no he is not a tier 2 but a tier 3 @ 5.5%. They switch to CapOne and say your rate has in fact gone up to 5.5%. Ultimately you never had a loan to start with - only a letter of intent. The other thing could be that the dealership finance manager looked at your credit score and guessed they would offer 3.5%, when they sent in the LOI it came back higher than he thought. Or he was BSing you, so if you price shopped while they looked for a truck you wouldn't get far. They didn't find that Truck, or it was not what they thought it would be. If a dealership sees a truck in inventory at another dealer they call and ask if it's available, if they have it, and it's not being used as a demo for a sales manager, they agree to send them something else for the trade, a car, or truck or whatever. A transfer driver of some sort hops in that trade, drives the 30 minutes - 6 hours away and comes back so you can sign the Real Application, TODAY! while you're excited about your new truck and willing to do whatever you need to do to get it. Because they said it would take 2-5 days to ""Ship"" it tells me it wasn't available. Time Kills Deals, and dealerships know this: they want to sign you TODAY! Some dealerships want ""honest"" money or a deposit to go get the truck, but reality is that that is a trick to test you to make sure you are going to follow through after they spend the gas and add mileage to a car. But if it takes 2 days+, The truck isn't out there, or the dealer doesn't have a vehicle the other dealership wants back, or no other dealership likes dealing with them. The only way it would take that long is if you were looking for something very rare, an odd color in an unusual configuration.  Like a top end model in a low selling color, or configuration you had to have that wouldn't sell well - like you wanted all the options on a car except a cigarette lighter, you get the idea. 99.99% of the time a good enough truck is available. Deposits are BS. They don't setup any kind of real contract, notice most of the time they want a check. Because holding on to a check is about as binding as making you wear a chicken suit to get a rebate. All it is, is a test to see if you will go through with signing the deal. As an example of why you don't let time pass on a car deal is shown in this. One time we had a couple want us to find a Cadillac Escalade Hybrid in red with every available option. Total cost was about $85-90k. Only two new Red Escalade hybrids were for sale in the country at the time, one was in New York, and the other was in San Fransisco, and our dealership is in Texas, and neither was wanting to trade with us, so we ended up having to buy the SUV from one of the other dealerships inventory. That is a very rare thing to do by the way. We took a 25% down payment, around $20,000, in a check. We flew a driver to wherever the SUV was and then drove it back to Texas about 4 days later. The couple came back and hated the color, they would not take the SUV. The General Manager was pissed, he spent around $1000 just to bring the thing to Texas, not to mention he had to buy the thing. The couple walked and there was nothing the sales manager, GM, or salesman could do. We had not been able to deliver the car, and ultimately the dealership ate the loss, but it shows that deposits are useless. You can't sell something you don't own, and dealerships know it.  Long story short, you can't claim a damage you never experienced. Not having something happen that you wanted to have happen is not a damage because you can't show a real economic loss. One other thing, When you sign the paperwork that you thought was an application, it was an authorization for them to pull your credit and the fine print at the bottom is boiler plate defense against getting sued for everything imaginable. Ours took up about half of one page and all of the back of the second page. I know dealing with car dealerships is hard, working at them is just as hard, and I'm sorry that you had to deal with it, however the simplest and smoothest car deals are the ones where you pay full price."


When I invest in a business valued at $50,000, I pay $25,000 and receive 50% equity. Does that $25,000 go to the current owner of the business, or into the capital of the business itself?  Who receives the money depends on who is selling you the equity.  There are a couple of different scenarios that can fit your question. You could buy existing shares from the current owner(s) of the company.  In this case, the current owner(s) would be receiving the funds from you, and in return giving you their stake in the company.  So if you all agree that the value of the business is $50,000, and you give $25,000 to the current owner(s), they give you half of their shares.  The value of the company has not changed. The company could be issuing new shares.  This is called stock dilution, or an increase in authorized share capital.  Let's say that everyone agrees that the value of the business is $50,000.  The company could create new shares and sell them to you for $25,000.  In this case, the value of the company has jumped to $75,000; you now control one-third of the company, and the existing owner(s), who previously owned 100% of the company, now only own two-thirds.  In order for you to end up with 50% of the company in this case, you would have to invest $50,000 instead, which would result in the company being valued at $100,000.   If you are wondering why the current owners would agree to this second scenario, there are two questions that address this:


> and Uber has been willing to take on massive losses year after year for the customers' benefit  They aren't doing that because they are some charity who wants to stop drunk driving. They are doing it to capture market share and you can bet your ass prices will rise when they control a certain amount of the market and reach a saturation point they want.


If you use Google Finance, you will get incorrect results because Google Finance does not show the dividend history. Since your requirement is that dividends are re-invested, you should use Yahoo Finance instead, downloading the historical 'adjusted' price.


> billet machining wastes a lot of material.  It's not really *wasted* as such though. All the swarf will be collected and sold to be re-melted down for reasonably close to it's original cost, as making a billet from scrap aluminium is far cheaper than making one from raw bauxite.


I don't think so.   The market would need to be either very big or be key pillar of the commodities market which won't happen.   Now if they force domestic consumers (Sinopec) to start using this for hedging than maybe.


I work in the retail software industry, and can confirm this is a major problem right now.  There are several very popular point of sale packages that hackers have written RAM scrapers for.  Yes, there is (a lot) of credit card fraud traced back to these hacks.


Break the transactions into parts. Go to your bank or credit union and get a loan commitment. When applying for loan get the maximum amount they will let you borrow assuming that you will no longer own the first car. Take the car to a dealer and get a written estimate for selling the car. Pick one that gives you an estimate that is good for a week or ten days. You now know a data point for the trade-in value. Finally go to the dealer where you will buy the replacement car. Negotiate the price, tell them you don't need financing and you will not be trading in the car. Get all you can regarding rebates and other special incentives. Once you have a solid in writing commitment, then ask about financing and trade in. If they beat the numbers you have regarding interest rate and trade-in value accept those parts of the deal. But don't let them change anything else. If you keep the bank financing the dealer will usually give you a couple of days to get a check.  If you decide to ell the car to the first dealer do so as soon as you pick up the replacement car. If you try to start with the dealer you are buying the car from they will keep adjusting the rate, length of loan, trade-in value, and price until you have no idea if you are getting a good deal.


You can't. If there was a reliable way to identify an undervalued stock, then people would immediately buy it, its price would rise and it wouldn't be undervalued any more.


"They definitely do this sort of thing.  I've had a sales guy from Yelp trying to call me for the past several months to pressure me in to advertising and since I formally rejected his offer several good reviews from reputable ""Yelpers"" vanished in to the filter.  The timing was far too coincidental."


"Others have pointed out that the entities loaning money to the government are typically people and institutions.  Recently, however, the US federal government borrowings were largely funded by money printed by the Federal Reserve.  The government had to borrow $1.1 trillion from October, 2010 through June, 2011.  During this period the FED printed around $0.8 trillion new dollars to purchase US debt.  Thus, the US government was not borrowing money from people, it was being funded by money printing.  The central bankers call this ""quantitative easing""."


Surprisingly enough, this one isn't actually all that complicated.  No, you will not be taxed twice. Dividends are paid by the company, which in this case is domiciled in Spain.  As a Spanish company, the Spanish government will take dividend witholding tax from this payment before it is paid to a foreign (i.e. non-Spanish resident) shareholder. What's happening here is that a Spanish company is paying a dividend to a Malaysian resident.  The fact that the Spanish stock was purchased in the form of an ADR from a US stock market using US dollars is actually irrelevant.  The US has no claim to tax the dividend in this case. One brave investor/blogger in Singapore even set out to prove this point by buying a Spanish ADR just before the dividend was paid.  Bravo that man! http://www.investmentmoats.com/money-management/dividend-investing/how-to-calculate-dividend-withholding-taxes-on-us-adrs-for-international-investors-my-experience-with-telefonica/


">From what I've read, all the testimony has been roundly discredited.  Then you read wrong. It hasn't been discredited. The evidence is right fucking there. Read the 200 page report, read even a part of it. [Here is the evidence, maybe this will finally shut you up?](http://online.wsj.com/article/SB10000872396390444799904578048673157864186.html)  >I'm just looking for actual evidence while you keep saying he needs to prove himself innocent instead of the accusers proving him guilty.  ITS RIGHT FUCKING THERE!!!  Do you not see why it's so frustrating to argue with people like you? You're basically a creationist saying ""Where is the evidence for evolution?"" Again, you don't have to look very fucking far to find it. Instead you're burying your head in the sand and saying ""Where is the evidence?"""


"SECTION | CONTENT :--|:-- Title | ""High Profit Trades found with Candlestick Breakout Patterns"" - Stephen Bigalow Description | Originally presented on July 10, 2012.    For more information on Steve Bigalow's Candle Profit System for MetaStock visit http://www.metastock.com/products/thirdparty/?3PC-ADD-CPS  Everyone wishes they got into the fast moving stock that jumped up $25 in a month. Candlestick Signals not only identify these potential movers -- they help you identify if there is still time to participate in the move!  In this live webinar Steve will show you: Which signals produce the Breakout Patterns How to per... Length | 1:23:12           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&subject=Feedback) ^| ^(Reply STOP to opt out permanently)"


Big money, by vitue of its own existence, produces value.  What's a person to do with it? Stuff it under a mattress and earn 0 yield? No.  If you want safety, you'll put it in AAA rated US gov't bonds and help fund the government. If you want yield, you'll put it in broadly diversified equities investments, small companies, big companies, energy companies, tech companies, media companies, and so on, and soak up the net gain while injecting much needed capital investment directly into those industries, financing start up costs like construction and equipment procurement costs, as well as staffing costs.  Yes, big money absolutely creates value. The trains, cars, roads, and sidewalks you travel through to get to work? All financed by filthy rich people money. The building you work in and the equipment you use? Likely financed by filthy rich people money as well.  Its called financial intermediation and capital arbitrage, and you can thank your Gods you live in a country where the government allows it to operate efficiently.


> my only argument is that the degree alone doesn't define competence.  Of course! But degrees determine interests.  And it seems that you are trying extremely hard to not understand what I said: if someone has degrees in music and has proven skill and knowledge in security, I will hire them.  But not as Chief Information Security Officer. For this, you need someone who took many specialized training and got their end dirty working, designing, planning and setting security systems.  So we BOTH agree, mainly based on the stupid things that Susan said, that Susan was not qualified for her job.  > I also never agreed that she got the job due to connections:   So give me a possible way how Susan got her job.  > HR ...  Contractors, on the other hand, perfectly fine.  OMG! Contractor, or temps, or outsourcing is not fine, especially by the HR department, because it all means trying to save money on workers, not giving any benefits or security and shoddy work.  Contractors, except IT, are paid less than permanent employees.  All I can wish for you that you will work as a Contractor all your life and you will see how great it is yourself.


"The fundamental flaw here is conflating net worth with utility, at least failing to recognize that there's a nonlinear relationship between the two.  In the extreme example imagine taking a bet that will either make you twice as rich or completely broke. Your expected return is zero, but it would be pretty dumb to take it since being flat broke could ruin your life while being twice as rich may only improve it marginally. In more realistic cases most of your income is tied up in fixed costs, which magnifies relatively small perturbations to your net worth. Losing something essential (like your house or car), even if it's only 20% of your net worth, renders you effectively broke until you scrape together enough cash to get another one. That situation robs you of much more utility than you'd gain from a 20% increase in net worth. In either case, avoiding the risk is completely rational as long as you believe in nonlinear utility as a function of net worth, it's not just an issue of humans being ""risk averse""."


"DALLAS-vuotta Frenchitt Collins työskenteli oikeutettu vakuutus vertailujen tekemistä. Hän pystyi vetämään pois merkittävä vakuutus petos, joita houkuttelevat uhreja mainoksia.  Loppujen lopuksi Collins tuomittiin 15 vuodeksi vankeuteen ja määrättiin maksamaan 700.000 dollaria vuonna palauttamisesta uhrinsa.  ""Ne postilokeroita vuokrattiin häntä (Collins), hänen vaimonsa, hänen veljensä tai hänen tyttöystävänsä"" sanoi Bodon.  Asiakkaiden mainoksia houkuttelemiseksi hän mennä eteenpäin ja tarjota niitä 100 dollaria tai 200 dollaria käyttää näiden tunnuksia.  Tiedot saatuaan Collins menin eteenpäin ja valmistunut lääketieteen lomakkeet ja lähetti ne [vakuutusyhtiöt](http://www.news4jax.com/consumer-news/click-jobs4jax/how-to-avoid-being-victim-of-insurance-fraud/26887266).  Nämä mainokset tavoitteena oli houkutella lisää uhreja.Vakuutusyhtiöt antaisi Collins tarkastuksia, tarkastuksia paljon.  Liittovaltion virkamiesten sanoi [vakuutus petos](http://dymanassociatesinsurance.com/) on 30 miljardia dollaria liiketoimintaa Yhdysvalloissa  ""Se on erittäin tuottoisaa rikollista syyllistyvät rikokseen on alhaisen riskin ja korkean tuoton ja he tietävät, että"" sanoi Fred Lohmann National Insurance rikollisuuden BRAINFEEDER. Asiantuntijat ovat sanoneet, tämä väärinkäyttö on maksaa meille kaikille.  ""Se, että tämä rikos tapahtuu ja on niin yleistä Yhdysvalloissa verot resursseja liittovaltion, valtion ja paikallisten, joka on todella mennä ja tutkia rikoksia,"" sanoi Lohmann.  Välttää tulossa osa vakuutus huijauksista Anna [sosiaaliturvatunnus](http://dymanassocins.livejournal.com/) jos olet varma, olet tekemisissä joku laillinen."


They seem to agree in part with the opinion author on the suggested fix.   David Leonhardt(NYT Opinion Author) wrote:   > Different policies could produce a different outcome. My list would start with a tax code that does less to favor the affluent, a better-functioning education system, more bargaining power for workers and less tolerance for corporate consolidation  Whereas they wrote:  >Third, despite the rise in means-tested benefits—including Medicaid and the Earned Income Tax Credit, created in 1975 and expanded in 1986 and the early 1990s—government redistribution has not enhanced income growth for low- and moderate income working-age Americans over the last three decades. There are clear limits to what taxes and transfers can achieve in the face of such massive changes in the pre-tax distribution of income like those that have occurred since 1980. In our view, the main conclusion is that the policy discussion should focus on how to equalize the distribution of primary assets, including human capital, financial capital, and bargaining power, rather than merely ex-post redistribution


Beaverton orthodontist understand protecting your smile is an investment, and they're available for appointments, and emergency services when you need it. They offer a relaxed environment that makes getting dental work easy, and comfortable for patients of all ages.


I agree, i don’t think it was always like this. Here is a little story I was told about the coal miners in the Uk. Coal mining was massive industry in the uk for about 150 years, (its the reason the world ended up getting railways, symbiotically) the mines as usual was located in the poorer regions but they was good paying jobs for the working man, anyway along with the birth of the industrial revolution came unions and with unions came protection and in turn pensions. So together these minors saved and saved heavily, there pension pot swelled, unfortunately though the mining industry was hazardous one and these minors died young... anyway fast forward to the 70s Margret thatcher Ronald Regan, and the closure of mines. There was a lot less minors by then and a huge pension pot, every minor in the country could have stopped paying into the pension and retired before 50. Thatcher did not like this and neither did the wealthy bankers, so they stole it all and made new pension rules,


"I have an account with ETrade. Earlier this week I got an offer to participate in the IPO proper (at the IPO price). If Charles Schwab doesn't give you the opportunity, that's a shortcoming of them as a brokerage firm; there are definitely ways for retail investors to invest in it, wise investment or no. (Okay, technically it wasn't an offer to participate, it was a notice that participation was possibly available, various securities-law disclaimers etc withstanding. ""This Web site is neither an offer to sell nor a solicitation to buy these securities. The offer is by prospectus only. This Web site contains a preliminary prospectus for each offering."" etc etc)."


"Close... Warning, I may be off a bit here; I'm sure someone will correct me if so. Traditional 401k or IRA: money goes in pre-tax (so, yes, you avoid paying tax on it now), grows untaxed, taxes are due when you retire and start taking money back out of the account -- but your income, including these withdrawals, is likely to be lower than your peak earning years so your tax rate will be lower. You don't avoid all the tax, but you delay it and hopefully reduce it, and by doing so there's more money in your account earning returns. Roth 401k or IRA: money goes in after taxes (you do pay income tax now). However, all returns on the money are untaxed (I believe), and you pay no tax when you're eligible to withdraw the funds.  Either or both kinds of 401k may be eligible for some percentage of matching funds from your employer (there are some incentives for them to offer this benefit). I believe that even if you're doing a Roth 401k, the matching funds legally have to go in as traditional plan. And yes, as that implies, it is possible to split your contribution between the two styles. Note: the matching funds are ""free money."" If your plan offers a match, it is highly recommended that you contribute enough to your 401k to capture the maximum match."


"This is the best tl;dr I could make, [original](https://www.vox.com/policy-and-politics/2017/8/10/16118620/how-much-is-pain-worth) reduced by 85%. (I'm a bot) ***** > The researchers, using a massive government survey of Americans over age 50, estimated in a new working paper published by the National Bureau of Economic Research that living with chronic pain makes people so unhappy that they&#039;d need to earn between $20,000 and $50,000 per year more to be as happy as they would be otherwise with no pain.  > The economists who did this study say it&#039;s important so that policymakers can decide how much money they should assign to pain treatment versus other spending priorities.  > That&#039;s actually lower than values determined in previous research - a 2014 study of Australian data found people in pain would need $645 per day, or more than $235,000 per year, to make up the lost life satisfaction.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6stes2/how_much_is_living_a_painfree_life_worth/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~187749 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*: **pain**^#1 **people**^#2 **research**^#3 **chronic**^#4 **opioid**^#5"


The problem is a mixture of private and public.  Either go full public or full private, or the disparate mechanisms of each will clog the other up and it fails.  Blaming it on bad faith or incompetence on the part of elected officials is a different problem.  An incompetent elected government is a product of an incompetent electorate, so in effect you're blaming yourself for hiring morons.  The solution is to elect competent people, and throwing up your hands at the problem is tantamount to saying the human race is damned and there's nothing to be done about it.


">When asked what it could mean for the dollar should the oil market move oil trade out of the U.S. currency and into the yuan, Weinberg said the world's transaction currency would suffer ""lesser demand for U.S. securities across the board.""  >""Moving oil trade out of dollars into yuan will take right now between $600 billion and $800 billion worth of transactions out of the dollar…   The key part"