"> There are way more than ""some successful ones from millions."" Nearly all my close friends are employed professionals (I'm talking about doctors, lawyers, university professors, software developers, business owners, government employees, working artists, you name it) who use marijuana. Same goes for my parents' friends. If anything, they smoke much more than my generation. Yet they all seem to have had decent careers and are now retiring happily.  Yeah but they go to work high. The millennial smokers I see often smoke a few times a day. Come to LA where I live and TONS of them have the stupid fake ass marijuana cards. Medical use my ass, loser use is what it should be called.  I wouldn't call daily smokers happy or successful. Someone that is happy or successful can unwind without the use of drugs whether its weed or alcohol.   > More than half of Americans have used marijuana. If what you were saying were true, there would be a huge underclass of people wasting away in basements, doing nothing more with their lives than eating Pringles and playing video games. But that's just a derisive stereotype that does not represent most people who smoke pot.  HAVE used is different than use daily, you do understand that, right?   Most aren't successful at all actually. u/garlicdeath has some numbers for us and I'll quote him:   ""NPR had a statistic that about 1 in 3 Millenials live at home with their parents, 1 in 3 live with a friend or relative and the rest have their own place or live with their SO"""


TOCOM Crude is a cash-settled blend of Oman and Dubai crude oil, both quoted in USD.  The daily settlement price is mark to market, but the final settlement price is based on reported prices from Dubai and Oman (or calculated in some cases with a known procedure), averaged and then converted to Yen using monthly average exchange rates as published by a reference bank (see Detailed Rules) You're trying to go all the way back and unfuddle quotes into a blend of USD-quoted oils.  The correct procedure here would be to go with the Oman and Dubai prices in the first place (unless you're trying to arbitrage the TOCOM market). As to why they do it this way?  It's a service.  TOCOM takes on all the challenges to provide customers with a steady and consistent way of trading cash-oil.  For physical oil, all you'd have to do is buy the blend on Dubai's and Oman's spot market.  You trust TOCOM's price finding process, i.e. there will be no discrepancies between your TOCOM cash-oil and the Middle East physical oil. Edit: As to why Japan isn't buying WTI directly:  There's a considerable cost of carry.  WTI delivery location is Cushing, OK; there are pipelines but it's still a logistics act to get the oil to a port on the West Coast and then have it shipped to Japan.  Dubai's delivery is at Jebel Ali (Persian Gulf), Omani crude can be shipped straight from Mina Al Fahal.  Not only is it a shorter trip but also there are more shipping companies specialised in oil deliveries to the Asian hotspots. Why they pay in USD?  Persian oil is highly sought after in nearly all of Asia's economies but there's little other exported goods from there.  So naturally the market for currency crosses (AEDJPY, OMRJPY, AEDINR, OMRINR, etc.) is not that liquid.  At least not as liquid as to make buying Persian oil a smooth deal.  Anyway, both Dubai and Oman chose to follow Western practice to quote their contracts in USD and (maybe because of liquidity concerns) also to accept USD for payment only.


"For personal accounts, I can't imagine that this is too much of a problem.  The only concern that I can think of (for American banks) is that FDIC only insures you up to $100,000 if the bank were to go belly-up.  If you're getting over that amount of money, you may want to ""diversify"" a little more."


I think your perspective is sadly lacking.   I personally know dozens of professionals in their late 20s to early 40s - the majority of whom make well over $100k/year - who consume marijuana regularly. Yet somehow they remain productive members of society who own homes and raise kids just like the millions of Americans who have excellent careers and regularly consume alcohol.


People in the west seriously underestimated how much wealth are in China. Vast majority of Chinese are still poor but those aren't your market. You need to targeted your products to people who can afford to pay 100% import taxes on luxury cars, there are millions of them in china.   Your products must be distinct and expensive. Expensive is the key.


Wow! This is an excellent article! Written by someone who actually bothered to check their facts, and understands the Focus Fusion process. I have been following Eric Lerner's DPF approach for many years, and am convinced that all attempts to create steady-state fusion machines is a total waste of time and money.  Having a pulsed device which converts x-rays straight to electricity is roughly a million times better than having a retarded steam cycle attached to your multi-billion dollar Fusion reactor that can't ever break even, and can't ever do anything except produce lots and lots of Ph.D.s.  A DPF pulsed reactor can be built into a shipping container, and become the holy grail of energy generation.  It is indeed a shame that DPF has seen such pathetic funding.


According to the TN DOL FAQ, the employer can choose how to pay wages.  Other options include checks and cash. However, it is the employer's choice, not the employees, on how to pay the wages. In case of direct deposit, the employee can choose the bank at which to receive the money. Why would opening an account be unpractical is beyond me. You can also use services like AMEX Serve, NetSpend, or even Walmart's MoneyCard.


Not sure I understand your question.   If you're talking about paying off the payable, you decrease the liability and decrease an asset. Aka when you actually pay the wages, decrease cash and decrease wages payable.   If you're talking about closing expense accounts, you simply credit the expense to zero and debit retained earnings for the same amount (which will reduce RE since RE is equity and has a normal credit balance).   If you're talking about accruing revenue, you simply do the opposite of an expense. If revenue is accrued, then you credit a revenue account (increase it) and increase cash or acc receivable.   If you're closing a revenue account, you debit the account to zero and credit Retained Earnings or Income Summary (which eventually gets closed into RE anyways).   The sum of these revenues and expenses will leave you either with a debit or credit balance in RE. A credit balance means you have a profit and a debit balance means you have a loss. Other expenses like sales tax and other expenses excluding COGS might also be taken directly from RE or identified at the time of sale and held in its own separate account.   But I'm not sure if this will answer your question since I'm not sure what you're asking.


Those brick-and-mortar fronts are there for businesses that ran out of supplies and didn't plan ahead and need them immediately. It's cheaper to buy the same shit online, if you plan ahead. They're always empty when I go there too. I go there rarely. Usually to see how ridiculous their markup is and how much I can save by buying the same shit from amazon.


"If you have a CPA working for you already - this is a question you should be asking that CPA. Generally, NOL only affects the tax stemming from the Internal Revenue Code (Title 26 Subtitle A of the US Code). Social Security and Medicare, while based on income, are not ""income tax"", these are different taxes stemming from different laws. Social Security and Medicare withheld from your salary are FICA taxes (Title 26 Subtitle C of the US Code). They're deducted at source and not on your tax return, so whatever changes you have in your taxable income on the tax return - FICA taxes are not affected by it. Self Employment tax (Schedule SE) on your Schedule C earnings in the carry-back years will also not be affected, despite being defined in the IRC, because the basis of the tax is the self-employment income while the carryback reduces the AGI."


Think of it this way. A billionaire may have a net worth of $1B with an income of $300 million per year. In the most likely scenario, (s)he is spending at most $50 a million a year.   Now they have the same income as 6,000 separate people making $50 thousand a year.  But those people are going to spend maybe 90% of their income.  In other words the 6,000 average people are putting an additional $220 million (more than 4 X the billionaire) back into the economy to generate activity and growth.


"But these are companies just like Samsung, Nike and your local restaurant...profit is ultimately what they are after.  Cavaliers is never going to tell King James ""you don't have to score so many goals.""  It costs 9 figures and can take over a decade to bring a new drug to market. And it is not until it reaches the market that the companies start to make money. Not only that, many drugs fail to reach market. So not only is a drug funding itself, it's funding the failed drugs and future drugs as well. Keeping the shareholders happy means keeping more funds...like every other company.  I understand that the current status quo is far from good. But I don't know any feasible alternative. Deregulate drugs and speed up the approval process? It could work, but do we really want that to happen?"


These are the basics in order: Max your employer contributions to your 401k if available Pay off any loans Contribute to an IRA  Perhaps max out your 401k Look into other investment options (refinance your mortgage, buy stocks) Those are the typical rules, special situations may need specials actions...


">There's no ""law of capitalism"" that says that companies have to pay their employees as little as possible. There's no law of capitalism that says companies have to ""maximize short-term profits."" That's just a story that America's owners made up to justify taking as much of the company's wealth as possible for themselves.  Isn't the relentless accumulation of capital, um, exactly the basis of capitalism? Owners aren't sufficiently incentivized to pay people more and they're not going to do it out of the goodness of their hearts unless they want to be undercut by their more ruthless competition.  Wealth inequality won't be solved by guilt or altruism. Just as child labor laws and the 40-hour week had to be enshrined in law in order to become the norm, so will whatever solution we have for wealth redistribution."


> PPs I don't know about anyone else, but I hardly ever use Reddit desktop. Mobile app only for me.  Which is funny, because I'm pretty much exclusively desktop. Otherwise, I'd constantly be on it on my phone. Actually, I've deleted other social media/content apps for the same reason.   edit: spelling


QE was started by Ben Bernanke's FED who was appointed by GWB. The FED is a separate entity from politics regardless of all the attempts to gain control. No politician came up with QE and most didn't support it.   Why would Dems or the GOP run on a program that an independent and privately run central bank created? Do you even understand what the FED is or how monetary policy is set?


> There's lies, damn lies, and statistics. > 100% of Muslims never smile.  Damn, incredible statistics you got there.  >My feelings wouldn't be hurt if by some chance those inbred pricks were no longer here and then human kind could move on. To things like science, space, health, exploration of our current planet. US politicians and religion are slowing humans down.  Welcome to the alt-left.  >I kind of wish he was hitler in a weird kind of way.  ...and this conversation is over.


Should not be on economy.  It's essentially a opinion item slanted to the folks eliminating coal completly with no replacement plan in place. The anti coal plan was really putting in an acceleration of banning coal use while also flowing Down nuclear options and trying to destroy our natural gas production and transmission. That was what would have harmed the economy in a big way.


As a start-up, the initial shares can be given at various price points. So essentially they can give someone a larger percentage based on the same amount earlier, and lesser percentage to someone else for the same amount. As its a start-up the valuations can be very tricy and what matters is that whether you believe the percentage you got for the amount is right or not.   It is very important to note that when you have been given an ownership in the company, how that is designated. Is it in absolute number of shares or is it in terms of percentage based on the existing shares. For example you maybe given 100 shares, without any qualification. Or you maybe given a 5% stake in the paid-up capital, that translates to 100 shares. It is always better to hold the shares in % of the total shares. Also read the contract, any dilution should require your approval. Normally start-ups once the valuation starts to go up, start creating more shares and sell these to private equity or create more shares and give it as a bonus to promoters. Hence in both cases your holding will keep getting diluted. There is a related quesiton If a startup can always issue new shares, what value is there to stocks/options?


I assume you're after a price time series and not a list of S&P 500 constituents?  Yahoo Finance is always a reasonable starting point. Code you're after is ^GSPC: https://finance.yahoo.com/quote/%5EGSPC/history?p=^GSPC  There's a download data button on the right side.


The Finance functions in spreadsheet software will calculate this for you.  The basic functions are for Rate, Payment, PV (present value), FV (Future value), and NPER, the number of periods.  The single calculation faces a couple issues, dealing with inflation, and with a changing deposit. If you plan to save for 30 years, and today are saving $500/mo, for example, in ten years I hope the deposits have risen as well. I suggest you use a spreadsheet, a full sheet, to let you adjust for this.  Last, there's a strange effect that happens. Precision without accuracy. See the results for 30-40 years of compounding today's deposit given a return of 6%, 7%, up to 10% or so. Your forecast will be as weak as the variable with the greatest range. And there's more than one, return, inflation, percent you'll increase deposits, all unknown, and really unknowable.  The best advice I can offer is to save till it hurts, plan for the return to be at the lower end of the range, and every so often, re-evaluate where you stand. Better to turn 40, and see you are on track to retire early, than to plan on too high a return, and at 60 realize you missed it, badly.  As far as the spreadsheet goes, this is for the Google Sheets -  Type this into a cell =nper(0.01,-100,0,1000,0) It represents 1% interest per month, a payment (deposit) of $100, a starting value of $0, a goal of $1000, and interest added at month end. For whatever reason, a starting balance must be entered as a negative number, for example - =nper(0.01,-100,-500,1000,0) Will return 4.675, the number of months to get you from $500 to $1000 with a $100/mo deposit and 1%/mo return. Someone smarter than I (Chris Degnen comes to mind) can explain why the starting balance needs to be entered this way. But it does show the correct result. As confirmed by my TI BA-35 financial calculator, which doesn't need $500 to be negative.


Never said it wasn't theft. I wouldn't say exactly scummy though. I know its morally wrong, but c'mon its a huge company. Who am I being a scumbag steve directly to? Indirectly sure, now they might have to raise future prices of plans 0.0000000000001% to cover the lost.


I don't use debit cards, but if I did I would review that portion of the statement. I look at my credit card statements pretty closely, and probably catch one or two mistakes or things I want to question every year.


Dividend is a payment which is paid by the company after getting profit or interest is plus paid amount which we get on our income.we can pick up the dividend as a form of interest on our investment


"Note: this answer was provided when the question was only about Life Insurance, therefore it does not address any other ""benefits"" Term Life Insurance is very easy to evaluate, once you have determined how much you need and for how long. For significant amounts of coverage they may require a physical to be performed. The price quotes will be for  two levels of health, so you can compare costs from many companies quite easily.  You have several sources in no particular order: employer, independent company, 3rd party like AARP, AAA, or via you bank or credit union. Note that the 3rd party will be getting a cut of the premium. Also some choices offered from the employer or 3rd party may be limited in size or duration. The independent companies will be able to have terms that extend for 10 years or more. So view the insurance offered by AARP as just another option that has to be compared to all your other options."


"Good plan. I would vote for someone that ran on this platform.   There is simply no rational political party in the US. I honestly believe that most ""undecideds"" or "" independents"" would support something like this but there is simply no large consensus of people throwing ideas out like this. Its either Tea Party economics or Liberal entitlements.   Also, who the hell is Phillip Greenspun?  Thanks for the link, good stuff."


Funny you say Toronto (fellow dude from Toronto). It's next to impossible to break even now. With costs so high, you'd seriously lose long term (houses going for 1million+ won't be worth that much for a while once the market crashes). But, the best example I can give. If you would've bought a house in the 80's for 250k, it'd be worth about 1.2 million today, but according to inflation, it's valued at 800k. That's where you make the money, plus whatever you made on rent. Best advice that I can give you, don't invest in real estate as a anything more than a principal residence, because the times now make it very difficult, and you could potentially lose a lot  of money (eg. Paying a 1 million dollar mortgage on a house that's not worth that).


Did you just assume my nationality? How dare you... We should not talk about military spending as long as Germany's budget is at 1.2% of the GDP instead of the 2% that was agreed on in NATO contracts. Btw, the US' military spending is at 3.3% of their GDP. And I'd rather have a state that concentrates on its core tasks than one that blasts more than 40% of its annual expenditures into social welfare while neglecting the rest...  And the German healthcare system is crumbling. It used to generate at least 9 billion euro in deficit every single year; despite the fact that you have to pay 15,5% special healthcare tax and despite the billions pumped into the system from other sources. It's basically funded by the upper 10%; not voluntarily of course. The only thing that keeps it afloat at this point are the insanely low base interest rates of the ECB. And German mandatory public pension funds are a Ponzi scheme...  PS: you obviously don't understand the concept of subcontracted labour if you think it's a bad thing.


Sigh... this is what irritates me about democrats. They say that they are scared that African Americans are not going to have good enough access to healthier foods and they want to impede on the market. African Americans have just the same opportunities as any other race, so why is that an issue?  So then they go further saying that a higher percentage of minorities are at the lower income range. My answer is free market competition. The more competition, the higher output of innovation and value the market produces. This lowers prices while increasing value.  Not trying to get too political, but I really think we should keep the chains off of business and let them innovate


It wouldn't surprise me to see a country's return to show Inflation + 2-4%, on average. The members of this board are from all over the world, but those in a low inflation country, as the US,Canada, and Australia are right now, would be used to a long term return of 8-10%, with sub 2% inflation.  In your case, the 20% return is looking backwards, hindsight, and not a guarantee. Your country's 10 year bonds are just under 10%. The difference between the 10% gov bond and the 20% market return reflects the difference between a 'guaranteed' return vs a risky one.  Stocks and homes have different return profiles over the decades. A home tends to cost what some hour's pay per month can afford to finance.  (To explain - In the US, the median home cost will center around what the median earner can finance with about a week's pay per month. This is my own observation, and it tends to be correct in the long term. When median homes are too high or low compared to this, they must tend back toward equilibrium.)  Your home will grow in value according to my thesis, but an investment home has both value that can rise or fall, as well as the monthly rent. This provides total return as a stock had growth and dividends.  Regardless of country, I can't predict the future, only point out a potential flaw in your plan.


They can go to an ATM and deposit it in to their account. The ATM does not care to read the name, and the bank does not care to verify anything if the check goes through (meaning the bank it is drawn on pays). So if nobody complains, that's it, he has your money. You would need to go to the check-writer's bank and ask for help, or look at the check-writer's cancelled check copy if you get to it. That bank can find out where it was deposited to, and then you have to go after the guy and get your money back - if it is still recoverable! - if it is a poor sod and he already blew your 5 grand, you can sue his pants off, but there are no 5 grand in them anywhere. So bad luck for you. Technically, the bank is not supposed to accept the check if the name doesn't match. At the counter, that might get a question, but as said above, there are deposit ATMs, and he could also just endorse the check to himself and sign the endorsement with some illegible scrawling, and claim that this is your signature - how would Joe the teller know? Either way, he gets the check in his account, and then he can take it out and blow it. It is legally clearly theft or fraud, and probably a federal crime, but if the guy is bankrupt, that doesn't help you much. Depending on that bank's fine-print, they might or might not cover your loss, but I wouldn't hold my breath. Better don't lose a check.


">Well put and, honestly, seemingly unavoidable.  Yes, there is an aspect of it that I think is the equivalent to ""ocean tides"" -- there are ""winds and waves"" of fortune (which are often mistaken as entirely due to ""merit"", when in fact the ""merit"" may have been only a minor factor).  >As I see it, RE is a crap investment for the foreseeable future as oversupply and oversize are not absorbed. People have to live, so rentals will be key; but, they have already bloomed quite a bit.   I'd agree.  I've looked into (and decided to ""pass"") on the whole ""buy up a bunch of homes & rent them out"" line.  There was definitely an ""opportunity"" with REO/foreclosure/distressed sale properties in the area, but after conferring and seeking advice from several *experienced* landlords, I have concluded that it is NOT the ""risk free/passive income"" mechanism that a lot of neophytes think it is; and there is substantial risk/effort involved, both in the form of capital investment (repairs, maintenance -- requiring both time & money) as well as the unpredictability/probability of an interrupted revenue steam (bad renters are deuced difficult/expensive to deal with) as well as other costs (significantly increased property taxes, especially on rentals, etc.)  The truly ""big"" gains (to my understanding anyway) of being a landlord are the windfall ""cash out"" phase (where, having had renters paying the mortgage/interest, you get the benefit of the capital gain on the sale of the property) -- but due to what I *think* (and sincerely believe based on the dempgraphics of Boomer die-off), I am fairly certain that said ""payoff"" will not be anywhere NEAR as large in the coming decades as it has been in the past (if the payoff even exists at all, and isn't a net ""loss"", especially in light of the work/effort/investment involved).  >Stocks will likely trade sideways for awhile before likely tanking as the forced/willing withdrawals start happening from the Boomers. So, keeping it in stocks doesn't sound overly positive, unless a fairly aggressive put strategy is enforced.   Depends on what you mean by ""stocks"". The overall market is one thing, specific stocks can be quite a different story. (While it is an extreme example, note the [dramatic difference between AAPL vs the Dow during the past decade](http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1340654400000&chddm=493051&chls=IntervalBasedLine&cmpto=INDEXDJX:.DJI&cmptdms=0&q=NASDAQ:AAPL&ntsp=0) etc.)  Basically, the whole idea of passive/mindless (""set it and forget it"") gains from investments being the path to ""wealth"" has to go bye-bye -- it was never really ""real"" to begin with (unless you ""timed"" the market just right), and the vast majority of the gains were nominal anyway.  >For me personally and selfishly, I have 20 years minimum for retirement, so I'm fine qith the market trending sideways or down. It means that I'm getting more bang for my DCA buck and, 20+ years from now, I will be well positioned when the market eventually cycles back up.   I guess I take the long-term historical view that the very concept of some ""guaranteed retirement"" was simply an aberration -- a lucky generation or two got away with it (sheerly by accident in the timing of their birth, something they really had no input into).  Instead I think one will ALWAYS need to be ""working"" in some manner or another -- actively overseeing ones investments and remaining ""agile"" in response.  And of course there is risk involved in that (as if there is really any reason we should expect there NOT to be? Anyone who thinks that way IMO is simply ignorant of the vast scope of human history).  The best I think one can do is to TRULY diversify (and that does NOT mean ""mutual funds"") -- to separate your eggs into various ""baskets"", holding some major part in solid (as solid as can be) form (even with the possibility of zero return and/or some ""loss"" -- i.e. owning primary housing clear of debt, some PM's in physical form, etc); having other assets in what are fairly solid ""bets"" (based on demographic trends, company quality, etc); and then some things (several small bets) that are ""long shots"" but potentially high-return things (where just one ""win"" can not only offset a dozen non-performers/losers, but gain you a substantial *real* profit).  Basically I think one has to use their mind and available information (which must be actively sought out and seriously analyzed/considered), and then even with all of that realize that there is a certain ""crap shoot"" aspect to everything, and that ""big winners"" are just as often either scam artists (who often get their comeuppance -- think Skilling/Enron); or who are just lucky shits who were in the right place, at the right time, were dealt the right cards AND subsequently made the right bets (due to [survivor](http://en.wikipedia.org/wiki/Survivorship_bias) and other biases we just don't often hear about the ones who hit 4 out of 5 of those things and who might have still been ""winners"" but just not large/prominent enough to gain fame & recognition, much less the 3 out of 5 whose gains were minimal or a wash)."


You are correct that W-4s are very confusing for multiple income homes, and even more so if you change salary significantly during the year.  There are just too many variables in those situations to provide an effective, simple form. Unfortunately, the best way to get accurate withholdings is trial-and-error.  Try and estimate how much tax you'll have to pay for the year.  There are several calculators out there, but essentially you can take your gross income, subtract the standard exemptions for you and all dependents, subtract the standard deductions (or estimate your itemized deductions), and compute your tax based on the federal tax tables.  Then subtract any tax credits you may be eligible for. Then estimate your withholdings for the year by multiplying your current withholdings by the number of pay periods left, and adding your YTD withholdings.  If your total withholdings are higher than your estimated tax, add one or two exemptions to reduce your withholdings (and vice versa).   If all that sounds like a lot of work (which it is), at a minimum make sure you withhold as much tax as you paid last year.  That way you avoid any tax penalties, but might have a tax bill when you file.  If you want to be conservative and withhold a little extra that's fine - you might even end up with a refund when you file.  The good news is it doesn't have to be exact; any difference will determine what you pay (or what refund you get) when you file.


If you or she can't answer this or don't have access to someone who can, then I fear for the business.  That said, it really depends on where you are and how your business is incirporared, but I can't think of any law prohibiting it where I am. I was an employee of my dad's business as soon as I was legal.


The maligned incentives go all the way up the chain.  In Atlanta, staff and administrators stole the tests and changed answers.  Even besides the incentive problems, student test scores were not designed to measure teacher performance.  You get these crazy schemes where teachers in non-tested subjects are having fifty percent of their evaluation based on the average of teachers in a basket of similar classes, that some NCLB-funded consultant handpicked from his office.  It's absurd.


Interestingly, at my office there's an older guy (60s) who is always going on about how young people don't want to work etc. Meanwhile, all the 20 somethings are busy doing their damn jobs instead of chatting.


"ETFs purchases are subject to a bid/ask spread, which is the difference between the highest available purchase offer (""bid"") and the lowest available sell offer (""ask""). You can read more about this concept here. This cost doesn't exist for mutual funds, which are priced once  per day, and buyers and sellers all use the same price for transactions that day. ETFs allow you to trade any time that the market is open. If you're investing for the long term (which means you're not trying to time your buy/sell orders to a particular time of day), and the pricing is otherwise equal between the ETF and the mutual fund (which they are in the case of Vanguard's ETFs and Admiral Shares mutual funds), I would go with the mutual fund because it eliminates any cost associated with bid/ask spread."


IMHO bonds are not a good investment at this present time, nor generally. Appreciate for a moment that the yield of an investment is DIRECTLY related to the face/trading value. If a thing (bond/stock) trades for $100 and yields 3%, it pays $3.  In the case of a bond, the bond doesn't pay a % amount, it pays a $ amount.  Meaning it pays $3. SO, for the yield to rise, what has to happen to the trading price?  It has to decrease. As of 2013/14 bonds are trading at historically LOW yields.  The logical implication of this is if a bond pays a fixed $ amount, the trading price of the bond has to have increased.  So if you buy bonds now, you will see a decrease in its face value over the long term. You may find the first tool I built at Simple Stock Search useful as you research potential investments.


"So, if an out-of-the-money option (all time value) has a price P (say $3.00), and there are N days... The extrinsic value isn't solely determined by time value as your quote suggests. It's also based on volatility and demand. Here is a quote from http://www.tradingmarkets.com/options/trading-lessons/the-mystery-of-option-extrinsic-value-767484.html distinguishing between extrinsic time value and extrinsic non-time value: The time value of an option is entirely predictable. Time value premium declines at an accelerating rate, with most time decay occurring in the last one to two months before expiration. This occurs on a predictable curve. Intrinsic value is also predictable and easily followed. It is worth one point for every point the option is in the money. For example, a call with a strike of 30 has three points of intrinsic value when the current value of the underlying stock is $33 per share; and a 40 put has two points of intrinsic value when the underlying stock is worth $38. The third type of premium, extrinsic value, increases or decreases when the underlying stock changes and when the distance between current value of stock and strike of the option get closer together. As a symptom of volatility, extrinsic value may be greater for highly volatile underlying stock, and lower for less volatile stocks. Extrinsic value is the only classification of option premium that is unpredictable. The SPYs you point out probably had a volatility component affecting value. This portion is a factor of expectations or uncertainty. So an event expected to conclude prior to expiration, but of unknown outcome can cause theta to be higher than p/n. For example, a drug company is being sued and the outcome of a trial will determine whether that company pays out millions or not. The extrinsic will be higher than p/n prior to the outcome of the trial then drops after.  Of course, the most common situation where this happens is earnings. After the announcement, it's not unusual to see a dramatic drop in the extrinsic portion of options. This is why sometimes a new option trader gets angry when buying calls prior to earnings. When 'surprise' good earnings are announced as hoped, the rise is stock price is largely offset by a fall in extrinsic value giving call holders little or no gain! As for the reverse situation where theta is lower than p/n would expect? Well you can actually have negative theta meaning the extrinsic portion rises over time. (this statement is a little confusing because theta is usually described as negative, but since you describe it as a positive number, negative here means the opposite of what you'd expect).  This is a quote from ""Option Volatility & Pricing"". Keep in mind that they use 'positive' theta to mean the time value increases up over time: Is it ever possible for an option to have a positive theta such that if nothing changes the option will be worth more tomorrow than it is today? When futures options are subject to stock-type settlement, as they currently are in the United States, the carrying cost on a deeply in-the-money option, either a call or a put, can, under some circumstances, be greater than the volatility component. If this happens, and the option is European (no early exercise permitted), it will have a theoretical value less than parity (less than intrinsic value). As expiration approaches, the value of the option will slowly rise to parity. Hence, the option will have a positive theta. Sheldon Natenberg. Option Volatility & Pricing: Advanced Trading Strategies and Techniques (Kindle Locations 1521-1525). Kindle Edition."


"Your child's birthday is coming up, and you're planning a party for your kid. I bet you're thinking about kids party decorations and supplies and you're wondering ""Where can I find birthday party supplies?"". You might have everyone join you at a restaurant, so you don't have to cook or clean up. You might have everyone come to your house so they can be free to run around. Either way, kids birthday party supplies can provide a theme and save you time."


That's all? What's the total shares outstanding? It's on thing is it's 100,000 and another if it's 10,000,000. What's the capitalization? If you don't know, check tech crunch and/or read the about section of your website.  Having a bit of experience, my guess would be 10,000,000 (or much much more). Series A capitalization usually goes off at $1.  If you are not in a management, sales, production or technology role .. you may not benefit much from the growth. So if you want to, watch your internal job postings and try to move up.


"I'll assume that you would work as a regular (part-time) employee. In this case, you are technically a Grenzgänger. You will need a specific kind of Swiss permit (""Grenzgängerbewilligung"") allowing you to work in Switzerland. Your employer typically takes care of this - they have more experience than you. You being non-EU might make matters a bit more complicated. Your employer will withhold 4.5% of your gross income as source taxes (""Quellensteuer""). When you do your tax declaration, your entire income will be taxed in Germany, since this is where you live. This will happen after your first year of work. Be prepared for a large tax bill (or think of this as an interest-free loan from Germany to you). However, due to the Doppelbesteuerungsabkommen (DBA), the 4.5% you already paid to Switzerland will be deducted from the taxes you are due in Germany. Judging from my experience, the tax authorities in Germany are not fluent in the DBA - particularly in areas far away from the Swiss border. I had to gently remind them to deduct the source taxes, explicitly referring to the DBA. The bill was revised without problems, but I strongly recommend making sure that your source taxes are correctly deducted from your German tax liability. Once your local German tax office understands your situation, you will be asked to make quarterly prepayments, which will be calculated in a way to minimize your later overall tax liability. Budget for these. You didn't ask, but I'll tell you anyway: social security will normally be handled by Switzerland as the country of employment - not the country of residence. Your employer will automatically deduct old age, unemployment and accident insurance and contribute to a pension plan, all in Switzerland. However... ... if you do a lot of your work in Germany (>25%), which certainly applies if you plan on mostly working remotely, your social security will be handled by your country of residence. This is a major pain for your employer, because now your Swiss employer needs to understand the German social security system, how much and to whom to co-pay and so forth. This is a major area of study, and your employer may not want to spend all this effort. My employer has looked at this and requires anyone living outside of Switzerland to limit working from home to less than 25%, because by extension, they would some day also need to do the same for employees living in France, Italy, Austria... or even the UK. They don't want to dig through half the EU states' social security regulations. Therefore, you would not be able to work remotely from Germany for my employer. This is actually a fairly recent development that only entered in force at the beginning of 2015 (before that, this was all a bit of a gray area). Your prospective employer may not be aware of all details. So you will need to think about whether you actively want to point them at this (possibly ruining your plans of working remotely), or not (and possibly getting major problems and post-payments years later). Finally, I think you can choose whether you want to have your health insurance in Switzerland or in Germany (unless your Swiss obligation to be insured is waived because of your part-time status). Some Swiss health insurers offer plans where they cooperate with German health insurers, so you can go to German doctors just like a German resident. Source: I have been a Grenzgänger from Germany into Switzerland off and on for over ten years now. I can't say anything about whether your German visa restricts you from working in Switzerland. You may want to ask about this at Expatriates.SE, but I'd much rather ask your local German authorities than random strangers on the internet."


Your attitude is great, but be careful to temper your (awesome) ambition with a dose of reality.  Saving is investing is great, the earlier the better, and seeing retirement at a young age with smooth lots of life's troubles; saving is smart and we all know it. But as a college junior, be honest with yourself.  Don't you want to screw around and play with some of that money?  Your first time with real income, don't you want to blow it on a big TV, vacation, or computer? Budget out those items with realistic costs.  See the pros and cons of spending that money keeping in mind the opportunity cost.  For example, when I was in college, getting a new laptop for $2000 (!) was easily more important to me than retirement.  I don't regret that.  I do regret buying my new truck too soon and borrowing money to do it.  These are judgment calls. Here is the classic recipe: Adjust the numbers or businesses to your personal preferences.  I threw out suggestions so you can research them and get an idea of what to compare. And most importantly of all.  DO NOT GET INTO CREDIT CARD DEBT.  Use credit if you wish, but do not carry a balance.


>Now, what happens if another wildfire hits your orchard? Those twelve loddars are destroyed, they are gone, the shoe-maker is twelve loddars poorer, without spending it and without anyone else getting twelve loddars richer.  That's not necessarily true. The guy who issued the twelve loddar promissory note and got twelve loddars worth of stuff is twelve loddars richer.


From strong structural framing systems for metal buildings and steel buildings, to walls, roofs and compatible accessories, Universal Steel of America's products have the advantage of factory assured quality and predictable performance. Each component is inspected throughout the manufacturing process to assure the highest standards of quality are maintained.


Would you expect your parents to charge you interest if you borrowed from them? Yes, if they said so when the money was borrowed.  No, if there were no terms communicated when the money was borrowed. Expectations need to be clearly laid out up-front. What is your advice? I think you are asking the wrong question of whether or not you should charge interest.  The real issue is that you are concerned about the 'borrowing', which are really turning out to be 'gifts'. The money amounts are not the issue as much as the lack of responsibility.  Going back to your children and asking for interest will not fix this issue.  This is my advice: This is a difficult process, and may not go over well with your children. Remember that this is not hurting them. You are actually hurting them more by allowing them to put off developing good habits, independence, and maturity.  It is hard to see someone make choices that hurt themselves and others, but you cannot prevent them from making that choice. If they never feel the results of that choice, they will lack the motivation to change.


"The backdoor Roth IRA contribution has been possible for a few years now and is fairly widely known. The IRS hasn't said anything negative about it. An answer to my question here mentions that it could hypothetically be disallowed through the ""step transaction doctrine"", although that is the only time I have heard that possibility raised. For some background, the income limit on Roth conversions was removed as a ""revenue-offsetting provision"" of the Tax Increase Prevention and Reconciliation Act of 2005. They want people who have deducted contributions in Traditional IRAs to convert to Roth and pay taxes now rather than waiting many years until retirement. Conversely, people performing the backdoor Roth IRA contribution have already paid taxes on that money and it's just preventing them from having to pay taxes many years later. It's easy to see how Congress would find this a satisfactory exchange."


Tax Refund: The US generally does not refund tax like other countries. For larger sales, you might want to try state tax refunds, check here: https://help.cbp.gov/app/answers/detail/a_id/373/~/how-to-obtain-a-refund-of-sales-tax-paid-while-visiting-the-united-states US Customs: You never pay US customs when you leave, they don't care about what you take out of the country. You might have to pay customs in your arrival country afterwards, and the rules depend on the country you arrive in. Most countries have a limit on how much you can bring for free, typically in the range of 500 $, but that varies a lot. Also, some countries do not count used articles, so if you wear your new clothing once, it does not count against the limit anymore.


Unless you're going to be a quant, you don't need more than basic statistics.  With that said, I think it's very valuable to have a good grasp on at least an introductory statistics course. Just having a basic idea how probabilities interact and the notion of sensitivity, confidence intervals etc. are very valuable for understanding model output.  The world would be a better place if more people had a rudimentary understanding of probability and statistics.


"> This is why, seriously, I think we need to get moral philosophers involved in AI projects, so we can *embed some ethics at the core*.  Am programmer. This is impossible with our current understanding of neural networks. Second only to ""who's morals would we use?""."


Can someone who understands this part of the business explain what exactly happened and how they benefited? I have read a few articles, and I don't really understand.    I work in a bank, and seeing how some other aspects of the financial crisis were portrayed in the news, I have a feeling the whole story isn't being told. How could this have possibly gone on undetected?


"As I pointed out in my other post to you, the 3.7T is entirely misleading, the actual quote from the article was ""The banks achieved this gigantic rip-off by secretly colluding to rig the public bids on municipal bonds, a business worth $3.7 trillion"", and there is no business on the planet worth that much. He deliberatley attaches the value of an entire asset class to banks and fraud to make it sound much worse than saying they apparently stole x million a year. Instead of reporting the actual numbers that were reported in the numerous other places I already gave you, he chose to exagerate.  The rest of his article makes the same style choices. It's sad you cannot see this by comparing his article to pretty much every other article on the topic."


"> Welcome to the modern world, luddite.  LOL.    Ah junior... I doubt you even know what a ""luddite"" is.  And calling me one just because I'm **not** on my knees worshiping Elon Musk and begging to drink all of his PR piss as if it were Kool-Aid... that's a laugh and a half."


Of course not. You had another job for which you earned money. What does the corporation have to do with it? Corporation is a separate entity from your person, and since it was in no way involved in the transaction - there's no justification to funnel money through it. Doing so may pierce the corporate veil and expose you to liability which you created the corporation to shield yourself from. Not to mention the tax evasion, which is the reason you are asking the question to begin with....


"In many states banks are required to pay interest on your escrow according to this article. I know i am getting interest paid. Once your mortgage is setup with an escrow there is no way to get rid of it (only to refinance). Also nowadays many banks require you to escrow taxes and insurance. It's their way to make sure you don't default on your taxes and don't cancel insurance on ""their"" property."


Given that a mutual fund manager knows, at the end of the day, precisely how many shares/units/whatever of each investment (stock, equity, etc.) they own, plus their bank balance,  It is calculating this given. There are multiple orders that a fund manager requests for execution, some get settled [i.e. get converted into trade], the shares itself don't get into account immediately, but next day or 2 days later depending on the exchange. Similarly he would have sold quite a few shares and that would still show shares in his account. The bank balance itself will not show the funds to pay as the fund manager has purchased something ... or the funds received as the fund manager has sold something. So in general they roughly know the value ... but they don't exactly know the value and would have to factor the above variables. That's not a simple task when you are talking about multiple trades across multiple shares.


Audating Sites is one of the biggest dating websites in the Australia. Through our website, a lot of Aussie people get relationship success. So if you want to meet each other in the Australia and want to Aussie sex, then you can register on our website, and get a lot of contacts who want to meet for sex. Our all registered member is very reliable and we can put safely your information.


Growers statewide have complained of a worsening labor shortage that has pushed wages up and driven them to recruit more foreign guest workers. In addition, new state rules that shorten the work week and require more overtime hours have added to costs, as have increased restrictions on the use of fumigants and other chemicals.  Long story short... We can't continue to pay slave wages for a 60hr work week while poisoning our workers, so we're out.  I ain't eating ya damn berries anyhow. Bye Felicia.


IRS Publication 529 is the go-to document.  Without being a tax professional, I'd say if the dues and subscriptions help you in the running of your business, then they're deductible. You're on your own if you take my advice (or don't). ;)


"One of two things is true: You own less than 5% of the total shares outstanding. Your transaction will have little to no effect on the market. For most purposes you can use the current market price to value the position. You own more than 5% of the total shares outstanding. You are probably restricted on when, where, and why you can sell the shares because you are considered part owner of the company. Regardless, how to estimate (not really ""calculate,"" since some of the inputs to the formula are assumptions a.k.a. guesses) the value depends on exactly what you plan to with the result."


My point was more that I've seen, firsthand, people *not* take financial responsibility for their dependents or for themselves, and that they can't be trusted in investing in any future.  Like I keep saying though, I just wish *those* irresponsible folks didn't benefit from the social security. I wish it went to their burial costs, to the bereaving family, etc.   Personally, I have modest Life Insurance available through my employer, and I usually opt-in to any additional programs offered at open enrollment. Given I'm still in great health and in my 20's I probably ought to look into getting more/real Life Insurance, as well. Of course I'd rather be investing in my family's own wellbeing than the state of, well, the State, but for the aforementioned reasons I see benefits in the status quo model, as well.


It doesn't matter if the shares are owned by an institution like an asset manager or by a retail investor like you or me - it is all counted and treated the same way in terms of the corporate actions involved (cash/stock payouts).


"This is the only question that I see that you didn't answer yourself: Would withdrawing money from the margin account affect how the income is taxed (i.e., is the money taxed only after it is withdrawn)? The answer to this is ""no.""  The tax is the same whether or not you withdraw money from your margin account."


Rule of thumb, the earlier you pay down your balance, the less interest you will accrue and the faster you will pay off the debt as a whole. But lets play with some real numbers here.  You cited $5000 balance and a $750 payment, but with various bills and things adding onto the balance over the course of a month. Now if your purchases and payments add up to the same number, you are in a losing game, so for the sake of argument I am going to say you are putting $500 + interest on the card each month and making a $750 payment.  We also need an interest rate to work with, I am going to use 1%/month and 30 day months to keep the math a bit easier to follow.   You basically have two choices in this scenario, you can pay 750 a month on the card, then use it to make your $500 in purchases/other payments over time as you suggest in your question.  Or you can pay $250, and hold back $500 to make those other payments directly without running them through the card, as has been suggested in some other answers. So let us compare the two... If I start the cycle at $5000, make a $250 payment on the first day of the cycle, then have no other activity, I will have a balance of $4750 for the month and accrue $47.50 in interest at the close of the cycle.  Balance going into the next period is now $4797.50.  Carry this out for a year, and your balance at the close of the 12th cycle is $2431.79, and $431.79 of your payments went to interest. By contrast, if you pay $750 at the start of the month, then add $100 back every 6 days so that you spend $500 over the course of the cycle. You will have an average daily balance of $4466.67, which results in $44.67 in interest charges being accrued at the end of the month.  This gives you a balance of $4794.67 going into the next cycle, putting you about $3 ahead of the previous method.  Push this pattern out for a year and your ending balance is 2395.86, with 395.86 going to interest.  Resulting in a savings of ~$36 over making the smaller payment and paying cash for your other expenses.  If this happens to be a rewards card, you also have gained whatever rewards benefit it gives you. This demonstrates that by the strict numbers game, the scenario you propose should come out a small but measurable distance ahead of making a smaller payment in order to avoid putting things back on the card.  So why do so many people adamantly advise you to not do this?   Most of it has to do with psychology and risk.  The cash method does not leave any room for you to over spend.  You have shredded or locked up the credit card so it can’t be used casually, and when you run out of cash, you can’t spend any more.  Which forces you to pay much closer attention to where your money is going.   When you are running things through the credit card, you generally don’t have that hard stop unless you are up against your credit limit, and even then most issuers are quite happy to let you go over and charge you extra fees for doing so.  So if you have this plan where you are intending to put $500 on the card in a month, then lose track of something you did early in the month, and inadvertently spend $800, you are digging yourself deeper into the hole instead of climbing your way out. There is also a risk in terms of income loss.  In the cash method, you no longer have the money to spend, and you are forced to make the hard decisions about where to allocate what you do have, making you much more likely to cut back on luxury items to preserve the necessities.  In the card method, it is easy to say “eh, the card has room, I can catch up again later” and not realize the mess you are causing yourself until you are in way over your head.  I personally have run all my bills through a credit card in the past so that I could have one single payment to make.  Then I was unemployed for six months, and ended up moving before I found a new job.  Everything in between, including the move, went on the card.  Next thing I know I am carrying a balance of $15k where I used to always have it paid in full.  It took roughly 10 years, including several years of working strictly in cash, to get that back under control. I currently have a card that is carrying a balance, and I am running select expenses (such as fuel and food) through it while I whittle the balance back down.  Most of my main bills are still paid directly from cash, specifically so that I don’t fall back into the same trap I did before.  Even so, there were several months in the past year where the balance was creeping up instead of down, because we were not paying that close of attention to our spending.   Then my wife lost her job, and it forced us to closely evaluate where our money was going.  We still run certain things through said card, but we are much stricter about it being only those select things, and the balance is trending down again.  The main reason we are still channeling those expenses that way is because this is a cash back reward card, and we will be getting roughly $1000 back here in a couple more months.


People that argue for an FTT, whether they know it or not, are directly advocating for savers to have reduced stock market returns, making it even harder to save for retirement.  Make no mistake - a financial transactions tax would disproportionately hurt middle class savers the most.  In almost every article I see advocating an FTT, the authors have a profound misunderstanding about how financial markets work.  They focus on jealousy politics (target the rich!) and dismiss the hugely detrimental effects on the market as obscure academic objections.  FFTs impose a DIRECT cost on ALL investors in four major ways: (1) larger bid/ask spreads, (2) higher volatility, (3) reduced capital mobility, and obviously (4) the tax itself.  All of these things are BAD for any investor.  Advocates for FFT essentially want the stock market to be less efficient.  Even investors that make NO trades during the year will see the returns drop on their ETFs, mutual funds, index funds, that they are accumulating for retirement.  Why?  Institutional funds (Vanguard, Fidelity, etc) churn billions of dollars during the normal course of business handling buy/sell orders, portfolio rebalancing, unit creation/elimination.  Increased bid/ask spreads make these transactions more expensive, higher volatility makes them more risky, reduced capital mobility reduces volumes available to trade, and the tax adds to the cost.  All of these effects show up as reduced returns on a typical fund.  Vanguard put the reduced returns on the order of 1% depending on fund style - in other words, hundreds of thousands of dollars in lost savings compounded over a middle class working career.  For a middle class saver, that could mean the difference between retiring at a reasonable age or never being able to retire!  But don't take my word on it.  [There are an extensive number of studies and statements from both academia and industry on this subject, all saying the same thing.](https://modernmarketsinitiative.org/topics/ftt/)  When Vanguard says an FTT will hurt investors, people should listen.  Vanguard is perhaps the most consumer friendly investment firm in history, single-handedly responsible for bringing investing costs down near zero.  They have done more for middle class investors than virtually any other firm.


>In the end it will be a mini-NES like console toy, to play the old Atari titles in a raspberry pi form factor.  Nothing but speculation.  I can see them doing an ARM console that plays their old games as well as mobile ones.  But it could also be something that competes with the XBox and PS.


Because Individual insurance is vastly more expensive than per person business accounts  Hospital Costs are high because insurance will typically only pay out a fraction of that cost, while an individual is responsible for all  There are many things that contribute to the problem.  If we want to have a fourth world country with health care for only the super rich, that can be done, but that also has massive downsides.


Bad question.  Even people choosing a 401k strategy have to choose risk over reward.  But looking at this simply, if you take a 10 year chart of Gold, you will not find any other stock or commodity that could have been invested in that would have provided you with the same results with as little volatility over this time period.  http://www.kitco.com/LFgif/au3650nys.gif


"Ha ha ha ha ha ha ha ha ha!  Ever dealt with a scummy lawyer? A greedy real estate agent? A sketchy car mechanic?? Ever had a relative get their computer ""fixed"" by geek squad? Ever heard of a crooked cop? Did you ever elect a politician to do something... that they then didn't do? Ever have a girl turn psycho on you and accuse you of abuse? Ever seen a guy lie and cheat on his girl?   And we haven't even discussed plain old ordinary criminals that rob you with a smile as you simply try to go home one night.  Hint: people of all types routinely display poor judgement and morals. Honestly people, think about what your typing. I'm in Finance and I'll be the first to call out all the crime and BS. But stop pretending the rest of the world isn't just as corrupt."


It is important that the content matches with the sound system that has been delivered. Make sure you check that the sound is adequately reaching to all the corners and would be audible to everyone. If you are planning to inculcate high energy music, make sure you also have a system to support it well. There has to be a placement of subwoofers to maximize the impact of the low-end effects or bass lines.


Considering a CFP will likely use the same planning software as any other advisor...just hire an advisor with a clean broker check and solid educational background that doesn't come off as a sleazy sales person.   Not to say that a CFP doesn't say ANYTHING about qualifications, but really it's just a marketing ploy from a business perspective.


>American politics is pretty utterly fucked isn't it?  Haha, I think that's the one thing most sides can agree on.  >That's interesting, and I've heard it before. Is something like this writer outlines what you are thinking? Essentially remove corporate taxes, and then tax dividends and capital gains as normal income?  Yeah I like the idea for a few reasons. Incentivizes investments in America (capital is far more mobile than labor or even capital owners), gets rid of malinvestment of tax avoidance, sticks taxation exactly where we want it (in this case capital owners instead of random incidence among labor/capital/consumers), and cuts other deadweight losses inherent in a corporate income tax.  It's really hard for me to understand why almost anyone would be against this. It's a progressive, pro-growth, anti-crony idea.


Other than the possibility of minimal entry price being prohibitively high, there's no reason why you couldn't participate in any global trading whatsoever. Most ETFs, and indeed, stockbrokers allows both accounts opening, and trading via the Internet, without regard to physical location. With that said, I'd strongly advice you to do a proper research, and reality check both on your risk/reward profile, and on the vehicles to invest in. As Fools write, money you'll need in the next 6 months have no place on the stockmarket. Be prepared, that you can indeed loose all of your investment, regardless of the chosen vehicle.


"> What's their benchmark for considering the deal ""done""? Getting out employee checks with the name of the new company?   Well, there's usually about an 18-month consolidation window after the deal closes to combine operations before the market really starts wondering why you're burning through cash supporting a closed M&A. That's going to include the removal and/or consolidation of redundant business units from HR, to marketing, etc.   From an IT perspective though, the business *usually* completely ignores the fact that modern white-collar businesses are essentially different formulations of businesses leveraging IT or severely underestimates how reliant they are on technology. That is, the consolidation of business units needs to include the consolidation of IT for economies of scale to be realized. It's fine and dandy to say your direct reports are being consolidated under business unit X but what if your HR program PeopleSoft and theirs is successfactors? How much time and money is that going to take to select the best system and get all of your shit in one place? Rule of thumb? 4x whatever the buisness thinks and 1.5x what the IT guy says. What about your identity platforms? What if, god forbid, you are an entirely IBM shop and the acquired company is entirely Microsoft? What about those old fuckin mainframes plenty of insurance companies and banks are keeping around? All that data needs to get moved/consolidated/etc.   I'm there to annoy the shit out of the business so when the board says ""did this ever come up"" our VPs and CIO can say ""yeah, here are the documents"" and then they start firing management. :D"


I can understand stuff like shirts, flower pots and shit that probably cost a couple cents to manufacture being cheaper in brick and mortar stores.  With that said, I've never saw a lower price on walmart for video games, high tech toys or anything substantial. In additiona, Walmart doesn't carry high end goods such as Omega watches, Shun knives and the like.  I probably buy 50% of my stuff from Amazon, 30% from Costco and 20% (clothes,shoes, etc) from else where.


"There are Cyber Security and Reporting Standards which Financial Service Provider (Banks and Financial services where customers deposit and/or transact fiat currency) You can find a comprehensive list on Wikipedia under Cyber security standards Depending on the geographic location there might be local Govt requirements such as reporting issues, data security etc. Concerning point 1. We have to differ between a fraudulent customer and an attacker on the banks infrastructure. Fraudulent customers / customers that have been compromised by third parties are identified with but not limited to credit scores and merchant databases or data from firms specialized in ""Fraud Prevention"". Attackers (Criminals that intend to steal, manipulate or spy on data) are identified/prevented/recorded by but not limited to IDS solutions and attacker databases. For firms that get compensation by insurances the most important thing is the compilant with law and have records of everything, they rather focus on recording data to backtrack attackers than preventing attacks. Concerning point 2. For you as customer the local law and deposit insurance are the most important things. Banks are insured and usually compensate customers on money theft. The authentication and PIN / TAN methods are most crucial but standard - these authentication methods consist of one password and one offline part such as a TAN from a paperletter or a RSA generator or card reader. WRAPUP: Financial institutions have to comply with local law and meet international standards. Banks use highly advanced Intrusion detection and fraud prevention which logically must be based on databases. For the average joe customer there is seldom high risk to lose deposits even if the attackers gains full access to the bank account but this depends a lot on the country you reside in. Concerning targeted attacks:"


Thank you hyper333active for voting on DuplicatesBot.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!


A solution to this is the person charges their car at work. It's not a solution for every person that you described. Another option is for the person to charge their vehicle while shopping for groceries using the fast charge station. I imagine most city dwellers or folks living in the inner suburbs have short commutes, 5-10 miles (a guess), that's a max of 200 miles for the work week; easily covered by the Tesla and Bolt.


As stock prices have declined, the net worth of people has come down. Imagine owning a million shares of a stock worth $100/share. This is worth $100,000,000. Now, if the stock is suddenly trading at $50/share then some would say you have lost $50,000,000. The value of the stock is less. The uncertainty is always there as there are differences between one day's close and another day's open possibly. The sale price is likely to be near the last trade is what is being used here. If you place a market order to sell your stock, the price may move between the time the order is placed and when it is filled. There are limit orders that could be used if you want to control the minimum price you get though you give up that the order has to be filled as otherwise people could try to sell shares for millions of dollars that wouldn't work out well.


Also the fact that it's a food store and not an electronics store that is pretty weird. Who goes to Whole Foods looking for a Farm Fresh Echo.  Is this a sign Whole Foods may be going the route of becoming a Super Market, selling everything, or is the Echo a special case?


Are you an established business owner or looking to start a new business? We, at Valis International possess expertise in providing online incorporation services. Through our online incorporation services, we let you form a company in just a few minutes. All you need is to just fill in the personal information and our service provider does the rest of the work. Through our services, we can get your business incorporated for a reasonable cost.


That's true, I concede that point.  It wasn't the case in my case study, and I don't think it's the case with these gift cards, but I could be wrong, since I'm not an accountant, and I don't even have my Masters in Finance yet.


"Ok, so I know we have to agree up to at least point 4, as those are indisputable facts.  Point 5 requires no agreement, government always recommends more government as a solution.  So I must conclude you disagree with loosening FDA rules as a consequence.  But at the same time, you decry ""loophole shit"" by big pharma?  Teva WANTS to come to market with a cheap alternative, and they were PREVENTED by government for stupid reasons.  You can't have your cake and eat it too.  Why would you, a pharmacist of all people, support a government entity that imposes financial hardship on your customers for no reason?  Epinephrine can be bought for $2 per vial and there's nothing special about an autoinjector.  Eliminate the regulations and everybody can afford Epipens."


"The list of the public companies is available on the regulatory agencies' sites usually (for example, in the US, you can look at SEC filings). Otherwise, you can check the stock exchange listings, which show all the public companies traded on that exchange. The shareholders, on the other hand, are normally not listed and not published. You'll have to ask the company, and it probably won't tell you (and won't even know them all as many shares are held in the ""street name"" of the broker)."


You will not be able to continue filing with TurboTax if you invest in foreign funds. Form 8261 which is required to report PFIC investments is not included. Read the form instructions carefully - if you don't feel shocked and scared, you didn't understand what it says. The bottom line is that the American Congress doesn't want you do what you want to do and will punish you dearly.


If company A purchased 100% of company B, yes, company B's financial results would be required by accounting rules to be consolidated into company A's financial results.  Company B being public would have no bearing on this requirement   If company A is purchasing less than 100% of company B then the answer depends on the structure of the transaction.


"Yes, your debt goes up by that amount. It becomes part of the loan, and you'll pay interest on it. That's what ""capitalization "" means. It's not a bill because you don't have to pay it. We'll, not yet…"


>The entire pharmaceutical industry is floated by a protectionist racket. Drugs that are in fact very cheap to make are kept artificially expensive – we have drugs that cost $1,000 a pill here in America that sell for $4 in India, for instance.  Yea, because the $4 Indian pill is a knockoff. They cant be sold here because it would violate the American drug manufacturer's patent. And if you allowed the market to flood with knockoffs, youd kill the American pharmaceutical industry. Which by the way, the rest of the world depends on. All their cheap pills you hear about are because they dont recognize our patents, and just flood the market with generics. So unsurprisingly, we subsidize the rest of the world's healthcare. Our companies spend the R&D money developing the drugs. Our tax dollars fund the FDA to test the drugs. Our citizens pay for the drugs so that the pharma companies can earn a profit and R&D more drugs. The rest of the world just knockoffs our creation. You want to bring down drug costs here in America? Stop subsidizing the rest of the world. Enter trade deals that recognize our drug patents overseas, just like they recognize our copyrights and trademarks. Granted, that will never happen, but in the mean time now you know why drugs cost more here than anywhere else. Because we bear the cost of developing them.


Overall, I strongly recommend cashing out your savings and becoming debt free today, and then never borrowing again except for a house. Advantages: Disadvantages: My wife and I paid of all of my grad school debt last year, and we’re paying off all of her grad school debt this year.  To pay that aggressively, we’ve had to learn to live on a much tighter budget.  But when we’re done, if we simply invest what we have been paying toward debt into the stock market, our nest egg will compound to over $10 million by the time we retire.  According to Dave Ramsey, when the Forbes 400 were polled, 75% of them cited becoming and staying debt-free as the single best way to build wealth: http://www.daveramsey.com/article/three-steps-to-wealth-building-for-young-adults/lifeandmoney_college/text4/


>*The U.S. economy should aim to increase output, measures should be put in place such as corporate tax and income tax reductions,*  How about raising taxes on rich people and cutting taxes on poor people? How about raising the minimum wage? How about increasing government spending?  The solution given is just conservative [Grover Norquist Starve the Beast](https://secure.wikimedia.org/wikipedia/en/wiki/Starve_the_beast) boilerplate, and has been enacted since the early 1980s. It hasn't worked.


ok...  That's not a risk of making an investment. That's the risk of an investment failing.  My point is, the workers ARE actually the ones taking the biggest risk - their lives, health, family and homes DEPEND on the companies employing them. And if those companies fail, they need a financial cushion to get them into the next job just like investors need some investments to make a profit to cushion the ones that don't. But as it stands now, the investors are getting every pillow in the land and the workers are left to hit solid rock as they fall. They aren't getting a comparable share of the profits they are making - not nearly enough to provide any sort of savings scheme anyway - when the companies and investors are rolling in profits. And that's NOT the way to a healthy society.


Let me answer by parts: When a company gives dividends, the share price drops by the dividend amount.  Not always by that exact amount for many different reasons (e.g. there are transaction costs if you reinvest, dividend taxes, etc). I have tested that empirically. Now, if all the shareholders choose to reinvest their dividends, will the share price go back up to what it was prior to the dividend? That is an interesting question. The final theoretical price of the company does not need to be that. When a company distributes dividends its liquidity diminish, there is an impact on the balance sheet of the company. If all investors go to the secondary market and reinvest the dividends in the shares, that does not restore the cash in the balance sheet of the company, hence the theoretical real value of the company is different before the dividends. Of course, in practice there is not such a thing as one theoretical value. In reality, if everybody reinvest the dividend, that will put upward pressure over the price of the company and, depending on the depth of the offers, meaning how many orders will counterbalance the upward pressure at the moment, the final price will be determined, which can be higher or lower than before, not necessarily equal. I ask because some efts like SPY automatically reinvest dividends. So what is the effect of this reinvestment on the stock price? Let us see the mechanics of these purchases. When a non distributing ETF receives cash from the dividends of the companies, it takes that cash and reinvest it in the whole basket of stocks that compose the index, not just in the companies that provided the dividends. The net effect of that is a small leverage effect. Let us say you bought one unit of SPY, and during the whole year the shares pay 2% of dividends that are reinvested. At the end of that year, it will be equivalent to having 1.02 units of SPY.


Knowing the answer to this question is generally not as useful as it may seem.  The stock's current price is the consensus of thousands of people who are looking at the many relevant factors (dividend rate, growth prospects, volatility, risk, industry, etc.) that determine its value.  A stock's price is the market's valuation of the cash flows it entitles you to in the future.  Researching a stock's value means trying to figure out if there is something relevant to these cash flows that the market doesn't know about or has misjudged.  Pretty much anything we can list for you here that will affect a stock's price is something the market knows about, so it's not likely to help you know if something is mispriced.  Therefore it's not useful to you. If you are not a true expert on how important the relevant factors are and how the market is reacting to them currently (and often even if you are), then you are essentially guessing.  How likely are you to catch something that the thousands of other investors have missed and how likely are you to miss something that other investors have understood?  I don't view gambling as inherently evil, but you should be clear and honest with yourself about what you are doing if you are trying to outperform the market. As people become knowledgeable about and experienced with finance, they try less and less to be the one to find an undervalued stock in their personal portfolio.  Instead they seek to hold a fully diversified portfolio with low transactions costs and build wealth in the long term without wasting time and money on the guessing game.  My suggestion for you is to transition as quickly as you can to behave like someone who knows a lot about finance.


The reason the article recommends a Roth 401k for those who have a long time until retirement is based on your salary, marginal tax rates, and effective tax rates and some assumptions. You want to contribute to Roth IRAs when your marginal tax rate now is better than your effective tax rate at the time of withdrawal.  That is most likely to be true when your salary is smaller (for you) and your salary is most likely to be smaller (compared to your future salaries) when you have more years until retirement. The article is presenting a rule of thumb.   It won't hold true for everyone in every situation.


"Depth of analysis IS my strong suit. You just showed one level in your example. I grew up in Florida by Sea Ray and watched my friends lies jobs when Clinton started ""punishing the rich"" with luxury taxes.  They sure didn't care that the rich were getting theirs. They were concerned that their boat building/selling/painting/whatever job had just let them go.  But you have to dig down to understand that. ;-)"


So basically, if you have a large savings account and are not investing... (because banks are actually a very poor way to get returns on capital), they will invest it for you...   The take home I'm getting is... invest your money, and leave it out of the banks.


You mean Gary Johnson, he was not a libertarian, he was a republican.  He also left New Mexico dependent on the federal government, [they are just now fixing that](http://www.bizjournals.com/albuquerque/news/2012/10/02/martinez-nm-must-reduce-economic.html?page=all).  Libertarians advocate for privatizing all basic infrastructure and eliminating all forms of social welfare.  What Gary Johnson did was cut spending on those at a state level knowing the federal government would pick up the slack like they did in the Southern states.  New Mexico went from being tax positive with the federal budget to massively depending upon it.        The point is they will be, because you are the fringe of the fringe and mean nothing to the political process.  Your opinions are a drop of ink in an ocean.  Change them and contribute among the vast, vast majority of Americans who believe in a nation state or knowingly continue spouting your ideology which will amount to nothing.


Setting up new markets in Europe is really easy. In fact there are way too many of them now. That's not to say anybody would use your market though, if you were to have odd rules they didn't like or understand.


> The only problem I see with stock options is that they expire  You're on to something: the reason why some prefer to write (sell) options instead of buying. Neutral to bullish on crude oil? Sell puts on /CL at 90-95% probability OTM. You keep your money if the underlying moves up or does nothing, within the days to expiration.


Obama had eight full years to enact a growth policy, while many of his predecessors never had two complete terms. George H.W. Bush and Jimmy Carter had just four years each, Gerald Ford had less than three years and Richard Nixon had five.


There are a few differences:


In theory, yes, it makes sense to sell your current bonds in pursuit of higher yields. In practice, there are a lot of smart people out there who own bonds, and the market is very efficient, so you won't see opportunities to trade new bonds for old bonds with better yields from the same issuer. If you do find someone willing to buy your old bond for a higher amount, it probably points to a change in the contract that the new bonds were issued under. (see Argentina for an example)


Penny stocks are only appealing to two types of investors: Most of the beginners who invest in penny stocks only do so because they don't have a lot of money to invest in the marketplace while starting out, or they would otherwise like to avoid investing their savings into penny stocks. * If you are a beginning investor - do NOT invest in Penny Stocks *


To address the travelers checks question: waste of time and money. I did this years ago, the fees were outrageous, it was a hassle to find some place to cash them, and in the end you're carrying cash anyway. Otherwise do what orokusaki said.


There isn't one. I haven't been very happy with anything I've tried, commercial or open source. I've used Quicken for a while and been fairly happy with the user experience, but I hate the idea of their sunset policy (forced upgrades) and using proprietary format for the data files. Note that I wouldn't mind using proprietary and/or commercial software if it used a format that allowed me to easily migrate to another application. And no, QIF/OFX/CSV doesn't count. What I've found works well for me is to use Mint.com for pulling transactions from my accounts and categorizing them. I then export the transaction history as a CSV file and convert it to QIF/OFX using csv2ofx, and then import the resulting file into GNUCash. The hardest part is using categories (Mint.com) and accounts (GnuCash) properly. Not perfect by any means, but certainly better than manually exporting transactions from each account.


I'm going to need to take a minute to let this all sink in.    I was trying to digest all the bullets. Then I watched the last video you linked. I watched it like three times, kept rewinding it.   I'm going to have to favorite this page so I can come back with a fresh mental state, wow..


Looking for the best driving school in Castle Hill? Safe Driving School is right here for you. If you are looking for a beginner, advanced or professional course, we offer it all.  Address: 9, 103-105 Lane Street, Blacktown, NSW 2148,  Ph.No: 0404052557


"It is true, as farnsy noted, that you generally do not know when stock that you're holding has been loaned by your broker to someone for a short sale, that you generally consent to that when you sign up somewhere in the small print, and that the person who borrows has to make repay and dividends. The broker is on the hook to make sure that your stock is available for you to sell when you want, so there's limited risk there. There are some risks to having your stock loaned though.  The main one is that you don't actually get the dividend.  Formally, you get a ""Substitute Payment in Lieu of Dividends.""  The payment in lieu will be taxed differently.  Whereas qualified dividends get reported on Form 1099-DIV and get special tax treatment, substitute payments get reported on Form 1099-MISC. (Box 8 is just for this purpose.)  Substitute payments get taxed as regular income, not at the preferred rate for dividends. The broker may or may not give you additional money beyond the dividend to compensate you for the extra tax. Whether or not this tax difference matters, depends on how much you're getting in dividends, your tax bracket, and to some extent your general perspective. If you want to vote your shares and exercise your ownership rights, then there are also some risks.  The company only issues ballots for the number of shares issued by them.  On the broker's books, however, the short sale may result in more long positions than there are total shares of stock. Financially the ""extra"" longs are offset by shorts, but for voting this does not balance. (I'm unclear how this is resolved - I've read that the the brokers essentially depend on shareholder apathy, but I'd guess there's more to it than that.) If you want to prevent your broker from loaning out your shares, you have some options:"


You can ask for 305rs, but as long as shares are available at lower prices you won't sell. Only when your ask becomes the lowest available price will someone buy from you. See many past questions about how buyers and sellers are matched by the market.


"Aganju has mentioned put options, which are one good possibility. I would suggest considering an even easier strategy: short selling.  Technically you are borrowing the stock from someone and selling it.  At some point you repurchase the stock to return to the lender (""covering your short"").  If the stock price has fallen, then when you repurchase it, it will be cheaper and you keep the profit. Short selling sounds complicated but it's actually very easy--your broker takes care of all the details.  Just go to your brokerage and click ""sell"" or ""sell short.""  You can use a market or limit order just like you were selling something you own.  When it sells, you are done.  The money gets credited to your account.  At some point (after the price falls) you should repurchase it so you don't have a negative position any more, but your brokerage isn't going to hassle you for this unless you bought a lot and the stock price starts rising.  There will be limits on how much you can short, depending on how much money is in your account.  Some stocks (distressed and small stocks) may sometimes be hard to short, meaning your broker will charge you a kind of interest and/or may not be able to complete your transaction. You will need a margin account (a type of brokerage account) to either use options or short sell.  They are easy to come by, though. Note that for a given amount of starting money in your account, puts can give you a much more dramatic gain if the stock price falls.  But they can (and often do) expire worthless, causing you to lose all money you have spent on them.  If you want to maximize how much you make, use puts.  Otherwise I'd short sell. About IPOs, it depends on what you mean.  If the IPO has just completed and you want to bet that the share price will fall, either puts or short selling will work.  Before an IPO you can't short sell and I doubt you would be able to buy an option either. Foreign stocks?  Depends on whether there is an ADR for them that trades on the domestic market and on the details of your brokerage account.  Let me put it this way, if you can buy it, you can short sell it."


"Support and resistance points indicate price levels where there have been a large amount of trading activity, usually from institutions, that tend to stabilize the price of a stock. Support is a temporary FLOOR, where people have been buying in large quantities. That means there's a good chance that the stock won't go below this level in the near term. (But if it does, watch out.) Resistance is a temporary CEILING where people have been selling. When the stock price hits this level, people tend to sell, and push it back down. Until there are ""no more"" sellers at this level. Then the price could skyrocket if there is enough buying."


Why wouldn't one of the existing crowdsourcing systems meet your needs? Yes, they charge a commission, but they have already addressed the issues you raise and specifically they provide the third-party accounting you want.


That is not completely true. Many of these companies use public easements or have had public funds invested in them.  And the infrastructure would continue to be privately owned, there would just be some regulations placed on how they can operate it.


"Subchapter S Corporations are a special type of corporation; the difference is how they are taxed, not how they relate to their vendors or customers.  As a result, they are named the same way as any other corporation. The rules on names of corporations vary by state.  ""Corporation"" and ""Incorporated"" (and their abbreviations) are allowed by every state, but some states allow other names as well.  The Wikipedia article ""Types of business entity"" lists an overview of corporation naming rules for each state. The S-Corp that I work for has ""Inc."" at the end of its name."


"Everyone who's giving a definite answer is just wrong - we just don't have enough information.  It depends on what these ""certificates"" say and what OP signed.    For all we know these are partnership agreements - or any old shit that some lawyer came up with.    Without seeing what, if anything, OP signed we're simply guessing as to what OP's legal and financial liability might be."


The broad accumulation of feline themed clothing and extras at catsforlife.co will abandon you kitty-feline bewildered! This feline themed online store has all your form necessities including sleek feline tights cat legging. These tight-fitting, stretchy stockings are an adaptable bit of attire that can be combined with executioner heels for a night out or with a games bra to the rec center. Tights have surprised the ladies mold industry and are a closet must-have that will enhance your solace and style.


"The answer to your first question is true. No tax on withdrawls. Under these circumstances, the withdrawl is ""qualified"". To your second question, as long as the withdrawl is qualified, it is not taxed, regardless of your additional income. http://www.investopedia.com/articles/retirement/03/030403.asp?lgl=rira-baseline-vertical has a very comprehensive, plain English, description of the IRS rules (as of today, anyway)."


Very true.  Lawyers, Accountants, IT people, and linguists are all in high demand at the FBI these days.  And linguists not just for anti-terrorism these days, either.  It didn't catch all of the public eye, but Obama has taken a pretty hard stance on international organized crime.


Cash Advance Plus will be of use to you as long as you pay attention to how much you owe and when it is due. If you take these steps, you’ll be ready for an Eastside Lenders payday loan or a Zoom payday loan. In fact, you may find yourself feeling ready for just about anything.


"Statistics are often tough to grasp. Specifically, we need to understand the exact context and implication of the data and how it's presented. An example - I look at real estate sales data for a given town, and find that for   the last 10 years, the average sale price has dropped, 3%/yr, every   year for these 10. What can I conclude?  Now, to your data. You don't mention age.  When we look at this chart, combined with the next -  The picture, while still bleak, is at least more clear. Nearly half of pre-retirees have no ""retirement"" savings. If that lower half is running close to zero, the average for the upper half is nearly twice the reported $164K.  Even now, there are important bits going unaddressed. People who have had no access to retirement accounts, either through lack of company availability, or self-employeds who just ignored them, may very well have saved outside of retirement-labled accounts. You can see these graphs are tracking only 401(k), IRA, and Keogh accounts.  Last, social security for the $30K earner will replace nearly half their working income at retirement, almost 65% if they work till 70. I don't advocate counting on SS for the entirety of one's retirement income, but the way SS benefits are structured, replacement benefits are far higher (as a percent) for lower wage workers, as the system intended.  To conclude, median alone is too small a data point to be useful, in my opinion. This kind of information presented in these charts is far more preferable to get a fuller picture."


There is no contradiction that social networks are an important part of the brand, and when you buy Instagram Follower and I like it, you can push your business to the next level. Buy followers and I like Instagram that help make your business and your reputation grow faster than ever. Instagram is a social networking platform that allows users to share content only with images. This is a motivating concept for companies simply because the images allow you to keep your logos and services much more chromatic.


"You should check if your card issuer provides a ""Bill Pay"" service. I have a CapitalOne card, and I know they don't. But Wells Fargo may, I don't know. However, for that to work your biller must accept credit cards as payments, at least that's the restriction I have with such a feature on my USBank card. That means, that if the company doesn't accept credit cards directly - they're likely not to participate in the credit cards' bill-pay system as well. Some credit cards are actually mailing these balance transfer checks quite frequently trying to ""seduce"" you into taking advantage of your available credit. Unless you really don't have any other choice - you shouldn't. But if that's the only way you have of paying - go for it. That willwill not be treated as a cash advance but rather as balance transfer. You can call the customer service and have them a check mailed to you. You may want to consider talking to your bank and checking if they can give you a line of credit. That would be similar to the credit card (i.e.: revolving credit line) from your credit report/score perspective, but may have lower interest rates."


"It's been a short while since I sold on eBay, but I had a feedback rating of about 4,500 so I've done a lot of transactions. The trump card is, and always will be, the buyer's ability to contact their credit card company and reverse the charges.  PayPal has no policy to stop this even though they claim to ""vigorously defend Sellers from chargebacks"" on their website.  You will lose this case 100% of the time.  I don't see how that will change if you have your own terminal.  The Buyer can still reverse the charges.  Since you know the card number maybe you can contact his credit card company but it's probably not going to do much. I've found PayPal is more Seller friendly in terms of PayPal claims.  For example, the customer has a duty to pay postage to return the product and that's a cost for him.  You also have things like online tracking which shows delivery and PayPal has an IP log to see where the payments are coming from.  That helped me when a buyer claimed that someone else made the payment.  Because people often break into someone's house and make PayPal payments for them....heh. You really just need to use PayPal.  You'll get more customers and better prices and it will offset the losses from scammers.  Also, about 99% of buyers are honest people.  Consider the scammers a cost of doing business and keep making money off of the good Buyers.  If you're just pissed off that people actually scammed you, get over it.  Don't cut off your nose to spite your face.  It's just part of doing business on eBay."


Good analysis/point, except you're missing the fact that most pensions allocate only a tiny fraction of their overall portfolios to hedge funds. So say you have a $2 billion pension fund, maybe $50 million of that is hedge funds. So basically, yes the pools of money will get smaller, but there's a lot of the overall pie that the hedge funds aren't eating (yet).


An expired option is a stand-alone event, sold at $X, with a bought at $0 on the expiration date.  The way you phrased the question is ambiguous, as 'decrease toward zero' is not quite the same as expiring worthless, you'd need to buy it at the near-zero price to then sell another covered call at a lower strike.  Edit - If you entered the covered call sale properly, you find that an in-the-money option results in a sale of the shares at expiration. When entered incorrectly, there are two possibilities, the broker buys the option back at the market close, or you wake up Sunday morning (the options 'paperwork' clears on Saturday after expiration) finding yourself owning a short position, right next to the long. A call, and perhaps a fee, are required to zero it out.  As you describe it, there are still two transactions to report, the option at $50 strike that you bought and sold, the other a stock transaction that has a sale price of the strike plus option premium collected.


They're developing a way for homeowners to buy and sell their property online without the use of a realtor therefore saving themselves the user thousands of dollars on commission charges. They educate the user as well as provide the forms needed for free. If a service is needed, like an escrow company or appraisal, they suggest a few.