"The preferred accounts are designed to hope you do one of several things: Pay one day late.  Then charge you all the deferred interest. Many people think If they put $X a month aside, then pay just before the 6 months, 12 moths or no-payment before 2014 period ends then I will be able to afford the computer, carpet, or furniture. The interest rate they will charge you if you are late will be buried in the fine print. But expect it to be very high. Pay on time, but now that you have a card with their logo on it.  So now you feel that you should buy the accessories from them. They hope that you become a long time customer. They want to make money on your next computer also. Their ""Bill Me Later"" option on that site as essentially the same as the preferred account. In the end you will have another line of credit. They will do a credit check. The impact, both positive and negative, on your credit picture is discussed in other questions.  Because two of the three options you mentioned in your question (cash, debit card) imply that you have enough cash to buy the computer today, there is no reason to get another credit card to finance the purchase. The delayed payment with the preferred account, will save you about 10 dollars (2000 * 1% interest * 0.5 years).  The choice of store might save you more money, though with Apple there are fewer places to get legitimate discounts. Here are your options: How to get the limit increased: You can ask for a temporary increase in the credit limit, or you can ask for a permanent one. Some credit cards can do this online, others require you to talk to them. If they are going to agree to this, it can be done in a few minutes. Some individuals on this site have even been able to send the check to the credit card company before completing the purchase, thus ""increasing"" their credit limit. YMMV. I have no idea if it works.  A good reason to use the existing credit card, instead of the debit card is if the credit card is a rewards card. The extra money or points can be very nice. Just make sure you pay it back before the bill is due. In fact you can send the money to the credit card company the same day the computer arrives in the mail.  Having the transaction on the credit card can also get you purchase protection, and some cards automatically extend the warranty."


"When I read the article I was pretty shocked to see ""codecademy"" listed as an actual recommendation.  That's like saying CEO's need to understand Mandarin, so they should eat Chinese take out for a couple of weeks."


"The answer from littleadv perfectly explains that the mere exchange ratio doesn't say anything. Still it might be worth adding why some currencies are ""weak"" and some ""strong"". Here's the reason: To buy goods of a certain country, you have to exchange your money for currency of that country, especially when you want to buy treasuries of stocks from that country. So, if you feel that, for example, Japanese stocks are going to pick up soon, you will exchange dollars for yen so you can buy Japanese stocks. By the laws of supply and demand, this drives up the price. In contrast, if investors lose faith in a country and withdraw their funds, they will seek their luck elsewhere and thus they increase the supply of that currency. This happened most dramatically in recent time with the Icelandic Krona."


"You should distinguish between the price and the value of a company:  ""Price is what you pay, value is what you get"". Price is the share price you pay for one share of the company. Value is what a company is worth (based on fundamental analysis, one of the principles of value investing).  I would recommend selling the stock only if the company's value has deteriorated due to fundamental changes (e.g. better products from competitors, declining market) and its value is lower than the current share price."


"Individuals most definitely can have NOL. This is covered in the IRS publication 536. What is the difference between NOL and capital loss? NOL is Net Operating Loss. I.e.: a situation where your (allowable) expenses and deductions exceed your gross income. Basically it means that you have negative income for that year, for tax purposes. Capital loss occurs when the total amount of your capital gains reported on Schedule D is negative. What are their relations then? Not all expenses and deductions that you usually put on your tax return are allowed for NOL calculation. For example, capital loss is not allowed. I.e.: if you earned $2000 and you lost in stocks $3000 - you do not get a $1K NOL. Capital losses are excluded from NOL calculation and in this scenario you still have non-negative income for NOL purposes even though it is offset in full by capital loss deduction and your ""taxable income"" line is negative. The $1K that was not allowed - gets carried forward to the next year using the Capital Loss Carryover Worksheet in the instructions to Schedule D. You calculate your NOL using form 1045 schedule A. You can use the form 1045 to apply the NOL to prior 2 years, or you can elect to apply it only to future years (up to 20 years). In what cases, capital loss can be NOL? Never."


Find people who work in the industry to let you sit in on their daily activities with their jobs.  Find out what you like and what you don't like.  The idea of working in finance is often times better than what it turns out to be.  Before you put all your eggs in one basket, make sure you see what it's really like.  The world of finance is very broad. Often times, the only job opportunities available to recent college graduates is within the insurance sector. If you know EXACTLY what you want to do and start networking now, the chances that you will find an opportunity doing what you want to do will grow exponentially.


"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/07/25/upshot/maybe-weve-been-thinking-about-the-productivity-slump-all-wrong.html?nytmobile=0) reduced by 82%. (I'm a bot) ***** > Just maybe, if the labor market tightens and good workers are harder to find - and wages rise - that will be the impetus to get companies to consider more of those big-ticket innovations that generate productivity growth.  > You could imagine the same thing happening if wages rose because of market forces; that same fast food restaurant might invest in kiosks and robots if the labor market were so tight that no workers were willing to take the job for $10. If you look at long-term patterns of productivity growth, they roughly fit this idea, that a booming job market tends to be followed by a productivity boom, and that deep recessions are followed by productivity slumps.  > In this way of thinking about productivity, inventors and business innovators are always cooking up better ways to do things, but it takes a labor shortage and high wages to coax firms to deploy the investment it takes to actually put those innovations into widespread use.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6pp5po/maybe_weve_been_thinking_about_the_productivity/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~176149 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **productivity**^#1 **wage**^#2 **worker**^#3 **growth**^#4 **market**^#5"


Exactly why I made the comment. If you want drama, take it to r/politics or r/AdviceAnimals.  If people want to talk about the business aspect of what occurred, then rock on.  In your case, you should take your ball and go back to r/middleschool


While the OP disses the health insurance coverage offered through his wife's employer as a complete rip-off, one advantage of such coverage is that, if set up right (by the employer), the premiums can be paid for through pre-tax dollars instead of post-tax dollars. On the other hand,  Health insurance premiums cannot be deducted on Schedule C by self-employed persons. So the self-employed person has to pay both the employer's share as well as the employee's share of Social Security and Medicare taxes on that money. Health insurance premiums can be deducted on Line 29 of Form 1040 but only for those months during which the Schedule C filer is neither  covered nor eligible to be covered by a subsidized health insurance plan maintained by an employer of the self-employed person (whose self-employment might be a sideline) or the self-employed person's spouse. In other words, just having the plan coverage available through the wife's employment, even though one disdains taking it, is sufficient to make a Line 29 deduction impermissible.  So, AGI is increased. Health insurance premiums can be deducted on Schedule A but only to the extent that they (together with other medical costs) exceed 10% of AGI. For many people in good health, this means no deduction there either. Thus, when comparing the premiums of health insurance policies, one should pay some attention to the tax issues too. Health insurance  through a spouse's employment might not be that bad a deal after all.


Here is a list of threads in other subreddits about the same content:   * [Pigouvian taxes - What to do when the interests of individuals and society do not coincide?](https://www.reddit.com/r/Economics/comments/71jgz0/pigouvian_taxes_what_to_do_when_the_interests_of/) on /r/Economics with 3 karma (created at 2017-09-21 18:27:21 by /u/William_Morris)  * [Pigouvian taxes | The Economist](https://www.reddit.com/r/carbontax/comments/6uk6gg/pigouvian_taxes_the_economist/) on /r/carbontax with 1 karma (created at 2017-08-18 23:27:35 by /u/ILikeNeurons)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!


All the manufacturers exporting things from China.  When they mention a supposed lack of consumer demand in the USA they fail to account for the heavy balance of payments deficit, [$124 billion in the last quarter of 2011](http://www.bea.gov/newsreleases/glance.htm).  If there's no demand, as the Keynesians claim, how come the US is buying so much stuff from other countries? There seems to be plenty of demand, the US is just unable to manufacture the products its citizens want.   The real problem is lack of production capability. The industrial base of the US has too many obsolete plants. And the companies cannot modernize with the current tax regulations, they are unable to depreciate those obsolete plants fast enough to build new ones that could compete with the foreign corporations.


"IANAL, but I had heard (and would appreciate someone more qualified commenting on this) that one reason these things were often found unenforceable is that there is no consideration.  The contract is to bind you for your work each day, but once you stop working, they allege you have a continued obligation that transcends your time at the company.  Claiming that your day-to-day compensation covers this is as if to say some part of that compensation is not for your work but to pay you for not going elsewhere.  It would be nice to see at minimum a requirement to separate these two concepts into separate contracts as bundling them creates a blur, and most importantly doesn't allow you to negotiate or walk away from the terms of one part without the other.  At the heart of any ""market"", which the job market purports to be, is a sense that a fair price is reached when both parties can walk away from a bad deal. This is not so in the case of employment because, as Adlai Stevenson said, ""a hungry man is not a free man"", so someone who needs to eat (or feed a family) has a need to take an offer that is already biasing their acceptance of work, and this quasi-duress is compounded when a company can attach additional pressures that work agains that person's ability to fairly negotiate possible improvements of what may already have been a bad situation.  I'm of the impression that duress itself has been argued to be a reason to hold a contract invalid.  But more abstractly and generally, any time two parties are bargaining asymmetrically (I'm not sure the legal definition, but intuitively I'd say where one party has the ability to force a contract change and the other party is not), then those terms have to be suspect.  Also, for the special case the pay is anything near minimum wage, I would suggest asking the question of whether the part of the compensation that is salary, not ""keeping you from working for the competition"", is the wage paid consistent with minimum wage, or does it have to draw from the pool of money that is not about wage but is about incentivizing you to not move.  And, finally, if they stop paying you, and each day you've been paid a little to work and a little to incentivize you to leave, then are you getting a continued revenue stream to continue to incentivize you not to work for the competition? If not, there would seem again not to be consideration.  As I said, I'm not an expert in this. I just follow such matters sometimes in the news. But I don't see these issues getting discussed here and I hope we'll see some useful responses from the crowd here, and also the smart folks at reddit can help through their discussions to form some useful political and legal defenses to help individuals overcome what is really a moral outrage on this matter.  Capitalism is an often cruel engine.  I worked at a company where one of the bosses said to me, after contributing really great things that added structurally in fundamental ways to the company, ""don't tell me what you've done, tell me what you've done lately"". Capitalism makes people scrap every day to prove their worth. So it's morally an outrage to see it also trying even as it beats down the price of someone and tells them they aren't entitled to better, to tell them that they may not go somewhere else that thinks they are better. That is not competition and it is not fair.    Indentured servitude, not slavery, is more technically correct. And yet it is a push to treat people like capital, so slavery is not inappropriate metaphorically.  The topic is non-competes, but really it's about businesses not wanting to have to compete for employees; that is, about businesses not wanting capitalism to prevail in hiring.  Sorry for the length."


"When I first purchased my home six years ago, I was able to get into a Bank of America First Time Homebuyer program that required no down payment and no PMI. While I hope you find a lower initial payment, the banks have tightened their requirements so that buyers have ""more skin in the game"" so to speak. Exotic loan options coupled with the subprime mortgage crisis caused the housing bubble to burst. Now banks are being very selective about who they provide a mortgage. The other things you need to look at are interest rate and terms. Do you feel you will be in the home for the next 30 years? Have you considered a 15 year mortgage? Shop around. PMI used to have a bad connotation (at least it did when I bought my home six years ago), but I feel now that it would have been worthwhile for the banks and the economy in the long run had banks required buyers to utilize PMI."


I am waiting for the day China and India doing military exercise together, right the next day after Trump  say China is a threat to India. lol. 9not a real military exercise, but a diplomatic showcase.)  This is the exact same thing when US did military exercise with India, thinking they have successfully realigning India, the next month, even bigger military exercise with Russia.  Both India and China are not naive, they certainly know what US role was during the 60's and 70's vis a vis today's scheme. Both countries know they have bigger fish to fries than punching each other in the face because some american told them so. Not peace or detente, but certainly not state of war like in 70's anymore.


The thing about airlines though is you don't have THAT many options. If you need a flight from Airport A to Airport B departing before 9am on Tuesday and only Airline X is offering a flight in your budget you'll probably book that flight regardless of how you feel about them. I may be wrong but I don't think the United scandal really hurt them that much. Most people probably care less about IT systems.


Some lenders will work with you if you contact them early and openly discuss your situation.  They are not required to do so.  The larger and more corporate the lender, the less likely you'll find one that will work with you. My experience is that your success in working out repayment plan for missed payments depends on the duration of your reduced income.  If this is a period of unemployment and you will be able to pay again in a number of months, you may be able to work out a plan on some debts. If you're permanently unable to pay in full, or the duration is too long, you may have to file bankruptcy to save your domicile and transportation.  The ethics of this go beyond this forum, as do the specifics of when it is advisable to file bankruptcy. Research your area, find debt counselling.  They can really help with specifics.  Speak with your lenders, they may be able to refer you to local non-profit services.  Be sure that you find one of those, not one of the predatory lenders posing as credit counselling services.  There's even some that take the money you can afford to pay, divide it up over your creditors, allowing you to keep accruing late/partial payment fees, and charge you a fee on top of it.  To me this is fraudulent and should be cause for criminal charges. The key is open communication with your lenders with disclosure to the level that they need to know.  If you're disabled, long term, they need to know that.  They do not need to know the specific symptoms or causes or discomforts.  They need to know whether the Social Security Administration has declared you disabled and are paying you a disability check.  (If this is the case, you probably have a case worker who can find you resources to help negotiate with your creditors).


Even if you can afford the loss of the boat because you have other housing options available, can you also afford to lose all your possessions if the boat sinks or is stolen? All of your clothing, electronics, etc can add up to thousands of dollars easily.  A significant fraction of that amount are things you'd need to replace quickly, even if you're confident of having somewhere else to live for as long as it takes you get a new boat/apartment/etc.


A short list  1) Inability to survive the financial crisis without government assistance.  2) Underperformance compared to other similar institutions, mostly because of problems relating to point 1  3) Previous work experience  4) Financial products whose value to the consumer is less so than comparable products from similar institutions


Like what licences or permits he'll need to acquire,  Does he need a separate bank account specifically for his business,  What kind of insurance will he need to acquire for the business..those kind of things   And I know I could use Google but there are certain things I don't like looking up on Google for advice


"I'm sceptical of your position.   I reckon that people who put crazy long hours into a business that fails are lacking some intangible qualities of entrepreneurship.  There are people you can just tell, they don't have what it takes. They're putting in loads of commitment or loads of money into an idea that just isn't right. Or they spend money in the wrong ways - you know how all these internet companies spent money on champagne breakfasts and $1000 chairs during the dot-com bubble? I've seen the small-scale version of that, as people rent expensive offices when I'm thinking ""why aren't you just working from home?""   As a (small time) entrepreneur I'm obviously biased, but if you've got what it takes (so I think there is an element of ""predestination"" here) and you work hard then you *will* succeed, to some greater or lesser extent.  I mean, I know electricians and builders that have started their own contracting or supplies businesses - they're not rich by the standard of mutli-multimillionaires, but they have a bloody nice house and a bloody nice car in the driveway and they probably take an afternoon a week off to play golf. They're doing better than most of the other guys they worked with as electricians or builders 20 years ago, and I don't see that they're really doing anything too clever or sophisticated.   Also, the classic figure of 9/10 businesses failed - ""failed"" here is a very dramatic word, implying that the entrepreneur lost his or her shirt. Often it's not a case that the business lost them money - they pissed away thousands on rent or wages or misplaced marketing - but more that it made a bit of money, but not enough, so they moved on to something else. That something else might be regular employment for some people, but there are *plenty* of entrepreneurs - perhaps some of the greatest and most famous ones - who have gone on from one failure to a much bigger success."


I have one additional recommendation: if the dealer continues to press the issue, tell them that they need to drop it, or you will write a Yelp review in excruciating detail about the entire experience. Used car dealers are very aware of their Yelp presence and don't like to see recent, negative reviews because it can cost them a lot of new business. (I'm assuming this is a used car. If it's a new car, you could go over their heads and bring up the problem with the manufacturer. Dealers hate it when you go directly to the manufacturer with a dealer complaint.)


An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding’s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Get Auto Title Loans in Lake Elsinore CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans   Contact Us: Get Auto Title Loans Lake Elsinore CA 45045 Bronze Star Rd.  Lake Elsinore, CA 92532 951-816-6285 lakegatl@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-lake-elsinore-ca/


Understanding the BS equation is not needed. What is needed is an understanding of the bell curve.   You seem to understand volatility. 68% of the time an event will fall inside one standard deviation. 16% of the time it will be higher, 16%, lower.  Now, if my $100 stock has a STD of $10, there's a 16% chance it will trade above $110. But if the STD is $5, the chance is 2.3% per the chart below. The higher volatility makes the option more valuable as there's a highr chance of it being 'in the money.' My answer is an over simplification, per your request.


I agree value is subjective to individuals. Therefore, most human beings would not pay anything for a highly polished turd. However, I disagree that things do not have intrinsic value. A rock may not have value to 99% of the world, but it can be useful for many things: building a house, breaking a window, etc. Likewise, a turd can be dried out and burned or used in making biogas. Everything has intrinsic value, however, many items are difficult to sell because so few people need their resources. A bit of pocket lint could be used to stuff a pillow, but who would ever do that, really?


It's just money in an account somewhere with no tax shelter or string attached, to help maturing children (18-22ish) get a kick start in life whether they go to college or not.  Basically, the money can be used for anything (for you or them).  Or you can put it in a UGMA-type account where it's technically the child's funds and not yours (but check how college loans are calculated before dumping a bunch of money in those, I believe they are looked at differently, maybe as the first source of funds that gets tapped and could impact loan qualification).


Wiring is the best way to move large amounts of money from one country to another.  I am sure Japanese banks will allow you to exchange your Japanese Yen into USD and wire it to Canada.   I am not sure if they will be able to convert directly from JPY to CND and wire funds in CND.  If you can open a USD bank account in Canada, that might make things easier.


"Anything is negotiable.  Clearly in the current draft of the contract the company isn't going to calculate or withhold taxes on your behalf - that is your responsibility. But if you want to calculate taxes yourself, and break out the fees you are receiving into several ""buckets"" on the invoice, the company might agree (they might have to run it past their legal department first). I don't see how that helps anything - it just divides the single fee into two pieces with the same overall total. As @mhoran_psprep points out, it appears that the company expects you to cover your expenses from within your charges. Thus, it's up to you to decide the appropriate fees to charge, and you are assuming the risk that you have estimated your expenses incorrectly. If you want the company to pay you a fee, plus reimburse your expenses, you will need to craft that into the contract. It's not clear what kind of expenses you need to be covered, and sometimes companies will not agree to them. For specific tax rule questions applicable to your locale, you should consult your tax adviser."


You mean you couldn't find the hoard of 5 Sears employees chatting it up next to the nearest cash register? They'll usually ignore you for a good 5 minutes then they'll scatter without acknowledging your existence, leaving you to stand by an unmanned register.


As per OP's request Slush fund, maybe?


As a programmer, I think it's bizarre that they wouldn't be running some kind of UNIX variant for all sorts of reasons.  But sometimes tech decisions at these big companies get made by non-tech people and they end up doing things in unusual ways (that's why businesses end up paying a bunch of money for lesser quality software from Microsoft, Oracle, etc.).


When money is plentiful - Demand for houses increases and accordingly so does their price. I am not saying the entire housing market can be or has been manipulated by banks. I am saying that banks have the capacity to exert influence of the housing market. The decision by banks to lend to unsuitable borrowers overheated the housing market (along with other factors).


I have a loan through them. Maybe you're one of my investors. Lol. Been thinking about becoming a lender now that my finances are back in order.   The only drawback to the loan through them is that they don't let you change your payment due date. They have a grace period that you can still pay the loan by without a penalty, but after my work pushed our pay date back by 5 days, it was barely enough. And now I don't have a grace period.  Overall am happy with them tho.


You'll need to find out in what format MoneyStrands expects the data.  A .qif or an .ofx file may not be the answer.


Why not just do an FHA loan? The minimum credit score is 580, and you can sometimes even go lower than that. Another alternative is to consider a rent-to-own agreement with his landlord, since it sounds like if he doesn't buy he'd continue renting there anyway.


It seems from the Bernanke and pundits in general that there's an ideal inflation rate and it's not zero. When you reference that recessions bring prices down, I think I understand you, but recession does not mean deflation. In fact deflation is a rarity, not a common occurrence.  When you look at what compounding does, you see that a 3% inflation rate will double the cost of an item in 24 years. From 1975 to 2010, inflation was 4X as it ran well above 3% for a time. I chose that date as I was 13 at the time, and wasn't too aware of specific prices before that. So I've seen a pizza go from $3 to $12 during my life. I hope to live long enough to see it double again.  I think that it's hyperinflation that's an ongoing concern, but the controlled inflation as I just described is not detrimental, in fact it's preferable in some sense. For example, when I look at my 5% mortgage, it's 3.6% after tax, but with a 3% inflation rate, my cost is really .6%, as the remaining debt devalues over time and the house (in theory) goes up with inflation. On the other extreme, higher inflation, say 8%, starts to be detrimental, distorting spending behavior and bad for the system.


Oh god, you're one of *those* people. Normally I don't feed trolls but I'm bored today, so here goes:  First, [mfw I ask for peer reviewed literature and you respond with blog posts, newspaper articles and links to independent.co.uk](https://media.giphy.com/media/WzE8jeKrQ3FNS/giphy.gif)  Now, to business. I'm not going to address what's discussed in the editorialized versions of the stories you shared - they are just journalists' take on a few studies. Instead, I'll address the study itself which I'm guessing you didn't bother to read.   **First study you (indirectly) linked:** >The results weren’t what we expected, but they tie in with previous research on addiction, which has found that substance abusers – people who are dependent on cocaine or amphetamine, for example – have altered dopamine systems.  I'm not exactly seeing how that proves your point. Of course chronic drug addicts are not going to be productive members of society but nobody is debating that   >It could also explain the ‘amotivational syndrome’ which has been described in cannabis users, **but whether such a syndrome exists is controversial.**  So this very study casts doubt on the phenomena you describe  >We only looked at cannabis users who have had psychotic-like experiences while using the drug.  Hmm, hardly seems like these results should be applied to the general population of all cannabis users then.   **Second Study you (indirectly) linked:**  >It has also been proposed that long-term cannabis users might also have problems with motivation even when they are not high. **However, we compared people dependent on cannabis to similar controls, when neither group was intoxicated, and did not find a difference in motivation**  So this study literally disproves the core tenant of your overall argument. Thanks for the link.   **Third article you linked:** is shit. It doesn't give us details on the study no a link to the research, it just cherry picks a few quotes. Thankfully, it does refer to the same research linked in your fifth article, which I'll discuss shortly. But seriously kid, you didn't bother to actually read any of these did you?  **Fourth study you (indirectly) linked:** is literally the same study referenced in the second article. You didn't read any of these, did you?  **Fifth study you (indirectly) linked:** as I said before, it's the same research discussed in the third link. And here's the really important part:   >...we do not purport to report a causal relation- ship between cannabis dependence and economic/social  problems; cannabis dependence could be a marker of a  life trajectory characterized by social and economic adversity  You do know the difference between correlation and causation, right? But seriously, this was actually a really good bit of research that I enjoyed reading and it does bring up a few points that support your point of view. If you can be bothered reading articles that don't have pictures, give this one a shot!  **Sixth study you (indirectly) linked:** again, pretty hard to discuss because the Denver Post did not bother to include a link to the research itself. But again, I think you're confusing correlation with causation. All this article proves is that, like cigarette use, marijuana use is more strongly concentrated among lower-income Americans. There is no claim that marijuana use *caused* these people to earn less money. That's your own opinion and it's not supported by any facts.    **Now, where is that bitch slap you mentioned?**


Isn't it swell? But honestly, this situation is no different than if someone wouldn't hire a black person, an old person, a woman, etc. If hiring managers are stupid enough to ask questions like this, and openly discriminate in their hiring methods, the company is going to get what's coming to them.


"Before filing your first business tax return, you will need to choose a taxation method, either corporation or partnership. If you choose a partnership, then it's moot - your business income flows through to your personal taxes via form K-1. Also, regardless of your taxation method, you should consult a legal expert, since having your business pay off your personal debt would almost always be counted as income to you, and may cause you to lose the personal liability protections provided by the LLC (aka ""piercing the corporate veil""). Having a single-member LLC with no employees, you have to be very careful how you manage the finances of the business. Any commingling of personal and business could jeopardize your protections."


You can't really blame company for trying to maximize profits. We are, after all, a capitalist society, and Burger King is just exercising the spirit of capitalism - profit maximization. If you want to blame someone, blame the government for its tax codes which allowed this to happen.  It would be interesting, doubt it will happen, if the profit lost due to this boycott actually exceeds the profit gain through tax dodge.


Ask Boris Johnson. He's the know-it-all Brexpert.  I don't understand why there's so much confusion and disarray when you can simply ask the chief architect. Him and frog face have carefully researched answers to all of this and more.


Back in the late 80's I had a co-worked do exactly this. In those days you could only do things quarterly: change the percentage, change the investment mix, make a withdrawal.. There were no Roth 401K accounts, but contributions could be pre-tax or post-tax. Long term employees were matched 100% up to 8%, newer employees were only matched 50% up to 8% (resulting in 4% match). Every quarter this employee put in 8%, and then pulled out the previous quarters contribution. The company match continued to grow.  Was it smart? He still ended up with 8% going into the 401K. In those pre-Enron days the law allowed companies to limit the company match to 100% company stock which meant that employees retirement was at risk. Of course by the early 2000's the stock that was purchased for $6 a share was worth $80 a share... Now what about the IRS: Since I make designated Roth contributions from after-tax income, can I make tax-free withdrawals from my designated Roth account at any   time? No, the same restrictions on withdrawals that apply to pre-tax   elective contributions also apply to designated Roth contributions. If   your plan permits distributions from accounts because of hardship, you   may choose to receive a hardship distribution from your designated   Roth account. The hardship distribution will consist of a pro-rata   share of earnings and basis and the earnings portion will be included   in gross income unless you have had the designated Roth account for 5   years and are either disabled or over age 59 ½. Regarding getting just contributions: What happens if I take a distribution from my designated Roth account before the end of the 5-taxable-year period? If you take a distribution from your designated Roth account before   the end of the 5-taxable-year period, it is a nonqualified   distribution. You must include the earnings portion of the   nonqualified distribution in gross income. However, the basis (or   contributions) portion of the nonqualified distribution is not   included in gross income. The basis portion of the distribution is   determined by multiplying the amount of the nonqualified distribution   by the ratio of designated Roth contributions to the total designated   Roth account balance. For example, if a nonqualified distribution of   $5,000 is made from your designated Roth account when the account   consists of $9,400 of designated Roth contributions and $600 of   earnings, the distribution consists of $4,700 of designated Roth   contributions (that are not includible in your gross income) and $300   of earnings (that are includible in your gross income). See Q&As regarding Rollovers of Designated Roth Contributions, for   additional rules for rolling over both qualified and nonqualified   distributions from designated Roth accounts.


>I tip for service though.  This is the problem. Tipping isn't a _reward for quality_, it's the _base form of compensation a waiter receives_.  When you tip poorly for bad service, it's akin to your boss informing you that you're not being paid for your work today because it was sub-par. Or most realistically in restaurants, it's akin to your boss informing that you're not being paid for your work today because Bob down the hall screwed up. Restaurants are setup so that waiters bear the cost of the restaurants mistakes -- unless the customer complains a bunch to get a comped meal (but even in that case, most consumers still punish the waiter through decreased tipping).   I agree in increasing the base wage significantly, but I realize that this won't happen in most of the country. (A few blue states already pay waiters minimum wage, but outside of that, most of the country doesn't give a shit).


Keep the door closed to save money.  And if you have an ice machine, turn that off too.  You need to warm up the tray to get ice out of it and heating something inside your freezer is expensive.


Split the difference. Max it out, sell half immediately and wait a year or more for the rest. Or keep a third... whatever works for your risk tolerance. A perfectly diversified portfolio with $0 in it is still worth $0.


"To expand on @JoeTaxpayer's answer, the devil is actually in the fine print. All  the ""credit-card checks"" that I have ever received in the mail explicitly says that the checks cannot be used to pay off  (or pay down) the balance on any other credit card issued by the same bank, whether the card is branded with the bank logo or is branded with a department-store or airline logo etc. The checks can be used to pay utilities, or even taxes, without paying the ""service fee"" that is charged for using a credit card for such payments. The payee is paid the face amount of the check, in contrast to charges on a credit card from a merchant who gets to collect only about 95%-98% of the amount on the  ""charge slip"". Generally speaking, balance transfer offers are a bad deal regardless   of whether you pay only the minimum amount due each month or whether   you pay each month's statement balance in full by the due date or   anything in between. The rest of this answer is an explanation in support of the above assertion. Feel free to TL;DR it if you like. If you make only the minimum payment due each month and some parts of the balance that you are carrying has different interest rates applicable than other parts, then your payment can be applied to any part of the balance at the bank's discretion. It need hardly be said that the bank invariably chooses to apply it to pay off the lowest-rate portion. By law (CARD Act of 2009), anything above the minimum payment due must be applied to pay off the highest-rate part (and then the next highest rate part, etc), but minimum payment or less is at the bank's discretion. As an illustration, suppose that you are not using your credit cards any more and are conscientiously paying down the balances due by making the minimum payment due each month. Suppose also that you have a balance of $1000 carrying 12% APR on Card A, and pay off the entire balance of $500 on Card B, transferring the amount at 0% APR to Card A for which you are billed a 2% fee. Your next minimum payment  will be likely be $35; computed as $10 (interest on $1000) + $10 transfer fee + $15 (1% of balance of $1500). If you make only the minimum payment due, that payment will go towards paying off the $500, and so for next month, your balance will be $1500 of which $1035 will be charged 1% interest, and $465 will be charged 0% interest.  In the months  that follow, the balance on which you owe 1% interest per month will grow and the 0% balance will shrink.  You have to pay more than the minimum amount due to reduce the amount that you owe. In this example, in the absence of the balance transfer, the minimum payment would have been $20 = $10 (interest on $1000 at 1% per month) + $10 (1% of balance) and would have left you with $990 due for next month.  To be at the same point with the balance transfer offer, you would need to pay $30 more than the minimum payment of $35 due. This extra $30 will pay off the interest and transfer fee ($20) and the rest will be applied to the $1000 balance to reduce it to $990. There would be no balance transfer fee in future months and so the extra that you need to pay will be a little bit smaller etc. If you avoid paying interest charges on credit cards by never taking any cash advances and by paying off the monthly balance  (consisting only of purchases made within the past month) in full by the due date, then the only way to avoid paying interest on the purchases made during the month of the balance transfer offer is to pay off that month's statement in full (including the balance just transferred over and the balance transfer fee) by the due date.  So, depending on when in the billing cycle the transfer occurs, you are getting a loan of the balance transfer amount for 25 to 55 days and being charged 2% or 3% for the privilege. If you are getting offers of 2% balance transfer fees instead of 3%, you are probably among those who pay their balances in full each month, and the bank is trying to tempt you into doing a balance transfer by offering a lower fee. (It is unlikely that they will make a no-transfer-fee offer.) They would prefer laughing all the way to themselves by collecting a 2% transfer fee from you (and possibly interest too if you fail to read the fine print) than having you decline such offers at 3% as being too expensive. Can you make a balance transfer offer work in your favor? Sure.  Don't make any purchases on the card in the month of the balance transfer or during the entire time that the 0% APR is being offered. In the month of the transfer, pay the minimum balance due plus the balance transfer fee. In succeeding months, pay the minimum balance due (typically 1% of the balance owed) each month. All of it will go to reducing the 0% APR balance because that is the only amount owing. Just before the 0% APR expires (anywhere from 6 to 24 months), pay off the remaining balance in full.  But remember that you are losing the use of this card for this whole period of time. Put it away in a locked trunk in the attic because using the card to make a purchase will mean paying interest on charges from the day they post, something that might be totally alien to you."


Limited transactions: what's to stop a firm from having thousands of bank accounts to avoid the limit. This of course is costly.   Tax on transactions: some trades are worth $00.001 and some are $190,000. They shouldn't be taxed the same.   Both increase costs of capital and literally everyone in America pays for it. Investment is more expensive. And our beautiful liquid market is no longer as efficient and can no longer responds as quickly to market forces. Investors now go to other foreign markets that don't limit or charge for transactions. Both plans will cost the economy billions of dollars and for what? So some computers don't trade almost instantaneously? Exactly why is that a problem other than class warfare? A lot of the risks that people have about flash crashes have been mitigated with better algorithms and rules.


> Make up your mind please.  My mind is made up.  I just knew you would justify your claim of what the social contract could be with the Constitution.  I then pointed out two reasons why that position is invalid.  Worked too since you came up with no counter-argument.  > Capitalism is anarchy. It is not a system.  Barter is anarchy.  Capitalism requires a government to set up the concept and enforcement of property and wage labor as well as some central authority issuing money.  > What is a more correct distribution of wealth than allowing everyone to keep what they earned with their skills on a free market?  A more correct distribution would involve giving some back to the state.  The worker can work because of public education, police officers, a healthy environment, and the maintenance of a capitalist system.    > Monopoly is a game.  It is a game that was made to teach that a capitalist system is unstable.  Without wealth redistribution in our society one person would end up with all the money.


Which sucks.  I'm a liberal gun owner, and I'd love to support the NRA because I want to support gun rights... but I just cant bring myself to do it since I'm directly funding the campaigns of a bunch of republicans I disagree with on... well... everything else.


There are multiple factors at play that drive stock price movements, but one that can be visualized is that stocks can be priced relative to other (similar stocks).  When one stock price goes up without fundamental changes (i.e. daily market noise/movements), it becomes slightly more expensive relative to it's peers.  Opportunists will sell the now slightly more expensive stock, while others may buying the slightly cheaper (relatively) peer stock.    Imagine millions of transactions like this happening throughout each hour, downward selling pressure on a stock that rises too fast in value relative to it's peers or the market, and upward buying pressure on stocks that are relatively cheaper than it's peers.  It pushes two stocks towards an equilibrium that is directionally the same.    Another way to think of it is lets say tomorrow there is $10B in net new dollars moved into buy orders for stocks that comes from net selling of bonds (this is also partly why bonds/stocks are generally inversely related).  That money goes to buys stocks ABC, XYZ, EFG.  As the price of those goes up with more buying pressure, stocks JKL, MNO, PQR are relatively a tad cheaper, so some money starts to flow into there.  Repeat until you get a large majority of the stocks that buyers are willing to buy and you can see why stocks move in the same direction a lot of times.


"Theoretically, it shouldn't matter which one you use.  Your return should only depend on the stock returns in SGD and the ATS/SGD exchange rate (Austrian Schillings? is this an question from a textbook?).  Whether you do the purchase ""through"" EUR or USD shouldn't matter as the fluctuations in either currency ""cancel"" when you do the two part exchange SGD/XXX then XXX/ATS. Now, in practice, the cost of exchanging currencies might be higher in one currency or the other.  Likely a tiny, tiny amount higher in EUR.  There is some risk as well as you will likely have to exchange the money and then wait a day or two to buy the stock, but the risk should be broadly similar between USD and EUR."


You sell any investment because you need to do something else with the money -- rebalance your investments, buy something, pay off a debt....


Perhaps an example will help make it more clear. Any given year:  Revenue:  200K, profit 60K You get 40K in profit, plus any salary, he gets 20K Next year you attract the attention of a competitor and they offer and you accept to sell.  You would get 100% of the proceeds. This is kind of a bad deal for him as you could easily play accounting tricks to diminish the company's profits and reduce his pay.  For the given example, you could pay yourself a 60K bonus and reduce the profit to zero and eliminate his compensation.  There should probably be a revenue metric included in his compensation. Edit: It is really nice to hear you have a desire to treat this person fairly.  Honesty in business is necessary for long term success.  I would simply make his salary dependent upon the revenue he generates.  For example, lets say you can make a widget for 4 and you expect to sell them for 10.  Your profit would be 6, and with the suggested split he would receive $2, you $4. Instead I would have him receive like 15% of the revenue generated This allows for some discounts for bulk items and covers the cost of processing sales.  It also allows him to share revenue with his staff.   Alternatively you could also do a split.  Perhaps 7.5% of revenue and 10% of profit.


"**Betteridge's law of headlines**  Betteridge's law of headlines is one name for an adage that states: ""Any headline that ends in a question mark can be answered by the word no."" It is named after Ian Betteridge, a British technology journalist, although the principle is much older. As with similar ""laws"" (e.g., Murphy's law), it is intended as a humorous adage rather than the literal truth.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&message=Excludeme&subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"


See many past answers: you will usually save the most money by paying off the highest-intetest-rate loan first. (Remember to allow for tax effects, if any, when comparing real interest rates.) Some folks are more motivated to simplify their finances than to save money; in that case you might pay off the smallest loan first.


"First paragraph is very true. But you also have to take into consideration that the adviser and the company are 2 different ""things"" to look into. For the adviser, quickest and easiest way is to do a Facebook search. The point of this is to see how transparent they are with their personal life. Even companies are now relying on Facebook to see how they ""really"" are. I wouldn't care if the person has lots of photos with booze and girls, but I would be concerned if they are using FB for spamming purposes, have pictures with drugs, or hints that they don't like their job and want to move on to something else.  Second paragraph is spot on as well. But I would rather want to know if the company cold calls or not... which leads in to your last statement.  For one adviser, more than 100 clients is a red flag. This could mean that they push savings plans left and right, they don't contact their current clients, and/or they may not have the ability to assist clients should they get many queries.  A few good questions to ask:  1. How do you make your salary?  2. Besides this plan you are selling me, what other types of products do you work with and show me several examples?  3. How many other advisers are in your firm?  4. How many clients does your colleagues and boss have?  5. How often do you cold call?  6. Who else cold calls in your office?  7. How does your company get new clients OTHER than referrals?   Go interrogation style and ask the above questions several times using different phrases."


"Who's ""they""? The brokerage is incorporated in Cyprus, which is known to harbor illegal/unethical financial firms (and for Russian money laundering). It's not easy to regulate unfortunately.   As a side-note, they're obviously targeting football fans to attract all the bookies guys and sports gamblers. Sad to see..."


Over the last 100 years this has happened twice. It cant be considered an outlier. Especially considering the misery is far from over, euro crisis, looming pension crisis, food crisis, etc. There are a lot of things far from resolved. An event that happens once every 50 years is hardly an outlier just unlikely.


Because we've gone through a series of bubbles, and have just about completed the second to last bubble, which is fiscal deficits.  We are now on the cusp of initiating the last bubble, a currency bubble, which will likely deteriorate quickly.  Then we will probably have a large scale war.


> You're right about the accuracy of axioms being important though. If you can disprove an axiom you can disprove the theory, that's why the fewer axioms taken, and the simpler those axioms are, the stronger the resultant argument becomes.  That is true philosophical argument and is however quite a bit removed from the original point of this discussion. Your point, which I rebutted several times over the course of this thread - is that lowering taxes will lead to increased growth, compensating for the revenue deficit. You are basing this on the Laffer curve - which states that there is a particular taxation point where the total collected taxes are maximized. The curve itself seems fairly common sense at a first glance, but are we to the right of the curve? Several papers have argued that we are on the left^[1](http://www.journals.uchicago.edu/doi/10.1086/261018),[2](http://www.sciencedirect.com/science/article/pii/S105353579690013X),[3](http://www.sciencedirect.com/science/article/pii/0304393295012249).  Additionally, the curve itself is doubtful - as it has not been observed in a real world setting. Austerity measures almost wrecked European economies in the early part of this decade, while the Kansas experiment was a utter bust.   > We can make certain simple assumptions about human nature, such as that all else being equal, people will chose to take actions that aligns with their wants/needs over ones that do not.  And this is an incomplete statement. People will take actions in a boundary of possibility. That boundary is much higher for somebody whose wealth puts them at 99.9% of the scale rather than being at 20%. And taking the point further, the wants/needs are also very different for somebody at different social stratums. Given that, there is no evidence (and rather there is a wealth of contradictory evidence) that giving a tax cut to the highest income earners would boost the economy.  Your assumptions and axioms are wrong, and a simple introductory economics course ([MITX](https://ocw.mit.edu/courses/economics/14-02-principles-of-macroeconomics-spring-2014/), [edX](https://www.edx.org/course/introduction-economics-macroeconomics-snux-snu044-088-2x)) will solve your misconceptions.  Beyond mathematical mastery, the true mark of a rational, scientific person is a willingness to accept mistakes and be humble about it. I see neither in you. On the contrary when presented with evidence, you raise straw man arguments (eg: the validity of epistemological vs empirical observations), obfuscate facts and changing of goalposts. When presented with economic reason, I see pride in not knowing modern economic advancements. You see that as a mark of intelligence, but that is idiocy that belongs on /r/iamverysmart


As far as I know, with ADRs you're essentially trading by proxy -- a depository bank is holding the actual stock certificate, and must provide you with the actual stock on demand. The one thing that is different is that in the event that the ADR is terminated (which sometimes happens with mergers), you have a limited period of time to sell the shares -- otherwise, you get the actual foreign stock that you may or may not be able to trade without transferring to a different broker.


OMG. A recession is coming.  Wait...hasn't that been a true statement since forever? No shit a recession is coming. That's like saying a thunderstorm is coming. This is a natural part of economics. Recessions are a necessary part of growth, almost like growing pains. Now the real question is 'when will the recession happen.' However nobody truly knows that, so it's better to spend your efforts making sure you're prepared for when a recession occurs as opposed to worrying about when that will happen.


The degrees to which a positive is positive and a negative is negative are up to you.  There is no correct answer. A couple points of caution:


Yes, smartphones are VERY dependent on country. If you look at India, AAPL is pushing the iPhone 4 and not even talking about the iPhone 5, because it's their only way of affordably breaking into what's been a pretty hostile market for them.   Conversely, in Japan (to which America is closer here) iOS actually outsells Android.  But yeah that 11.7% figure still just feels small.


"Absolutely.  He should stay that extra hour or two, and so should you.  But you should both be compensated for it... that's why we have labor laws in the first place.  There is always a project and always a deadline.  I've put in 18 hours days at 6 days a week, for weeks on end to finish them.  I know exactly what you mean.  But I also clock time in 3 minute increments as well, due to my > selfish mindset.  [I think] He's not saying ""I won't stay that extra hour,"" he's saying, ""You pay me hourly.""  Probably spelled out clearly at the job negotiation.  You probably wouldn't *have* to work with a guy like that because companies would likely laugh and say, ""thanks for your time.""  I'd like to think that one day I'll be in a position where I can say no to a reasonably salaried job again, and instead insist on hourly.  I will if there's any way I can afford it."


It's retarded to not promote students because of that reason. People in general think that adults work in maybe 3 jobs their whole life. That's not the case anymore. Company and employee loyalty is out the window. In a lot of jobs especially white collar work getting headhunted into a better situation and compensation is the best way to move up it seems.


"You are talking about a one time giving vs a continuous giving. When US give money to Pakistan, it's a continuous giving. that's why Pakistan don't say shit when US bombs the hell of out them. but when the money stops coming, I will bet you Pakistan will be the loudest on the street bitching about the US.  The bailout the Euros are asking for is a one time giving. What happens as soon as they take the money from China? ""Fuck the Chinese. Political power? What political power? HUMAN RIGHTZ VIOLATIONZ!!!"""


Can you link a reliable source for that?  It would be huge news but so far I see people suggesting this with no proof.  AFAIK they have been very careful not to have any evidence, assuming they are involved.  Also, don't forget that there are legitimate rebels who live there and want to join russia.


"Agreed. I use to fly cross country every other week and depending on whose price was lower, I could go either VA or AA. VA's seats, in flight entertainment and food options, timeliness, cleanliness and attendant hotness completely blows away AA. AA's coach seats are the same things I sat in flying to Florida when I was 12. They still do in-flight movies on busted-up CRTs over the center aisle. I'd fly Virgin America everywhere if I could.  That being said, I *did* have one of my greatest travel experiences ever arise when flying to Turkey on AA and losing my passport en route (while still in the US, fortunately), stranding me in an airport on Christmas night. A couple of AA personnel went above, beyond, over and out of their way to get me to where I needed to be. Seriously, it's one of these stories that's so improbable yet brilliant that any ad exec would instantly set up the ""satisfied customer"" commercial shoot as soon as they heard it. I wrote letters to AMR and every manager from the terminal on up that I could find to talk these guys up, and never heard peep back from their managers. I only hope these guys got *something* out of it besides the satisfaction of saving my dumb ass."


"The mathematics site, WolframAlpha, provides such data. Here is a link to historic p/e data for Apple. You can chart other companies simply by typing ""p/e code"" into the search box.  For example, ""p/e XOM"" will give you historic p/e data for Exxon. A drop-down list box allows you to select a reporting period : 2 years, 5 years, 10 years, all data.  Below the chart you can read the minimum, maximum, and average p/e for the reporting period in addition to the dates on which the minimum and maximum were applicable."


Do not try to deposit piece wise. Either use the system in complete transparence, or do not use it at all. The fear of having your bank account frozen, even if you are in your rights, is justified. In any case, I don't advise you to put in bank before reaching IRS. Also keep all the proof that you indeed contacted them. (Recommended letter and copy of any form you submit to them) Be ready to also give those same documents to your bank to proove your good faith. If they are wrong, you'll be considered in bad faith until you can proove otherwise, without your bank account. Do not trust their good faith, they are not bad people, but very badly organized with too much power, so they put the burden of proof on you just because they can. If it is too burdensome for you then keep cash or go bitcoin. (but the learning curve to keep so much money in bitcoin secure against theft is high) You should declare it in this case anyway, but at least you don't have to fear having your money blocked arbitrarily.


I agree maybe her language was misplaced but her sense of outrage was certainly justified. Yes she sold her image but to use it in a sexual context without informing her is outrageous. The arguments against her being offended amount to little more than 'she was asking for it'.


"I know this is a little late but here is my answer. No. You do not ""need"" to incorporate. In fact, incorporating in your situation will cost you in legal fees, administrative headaches, and a fair bit in taxes. The CRA would probably look at your corporation as a personal services corporation and it would not be allowed to claim a number of tax reductions. The tax rate would end up being over the top range (unless you are in Quebec where it would be just under the top marginal range)."


Having gone though this type of event a few times it won't be a problem. On a specific date they will freeze your accounts. Then they will transfer the funds from custodian X to custodian Y. It should only take a day or two, and they will work it around the paydays so that by the time the next paycheck is released everything is established in the new custodian.  Long before the switch over they will announce the investment options in the new company. They will provide descriptions of the options, and a default mapping: S&P 500 old company to S&P 500 new company, International fund old company to international fund new company...  If you do nothing then on the switchover they will execute the mapped switches. If you want to take this an an opportunity to rebalance, you can make the changes to the funds you invest in prior to the switch or after the switch. How you contributions are invested will follow the same mapping rules, but the percentage of income won't change. Again you can change how you want to invest your contributions or matching funds by altering the contribution forms, but if you don't do anything they will just follow the mapping procedures they have defined.  Loans terms shouldn't change.  Company stock will not be impacted. The only hiccup that I would worry about is if the old custodian had a way for you to transfer funds into any fund in their family, or to purchase any individual stock. The question would be does the new custodian have the same options. If you have more questions ask HR or look on the company benefits website. All your funds will be moved to the new company, and none of these transfers will be a taxable event. Edit February 2014: based on this question: What are the laws or rules on 401(k) loans and switching providers? I reviewed the documents for the most recent change (February 2014). The documents from the employer and the new 401K company say: there are no changes to the loan balances, terms, and payment amounts. Although there is a 2 week window when no new loans can be created. All employees received notice 60 days prior to the switchover regarding new investments options, blackout periods.


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The DOD is socialism for the working class. It creates  millions of jobs. We need a solution to shift those people from making guns, to building bridges, and fiber internet lines. So those jobs are secure but the money is well spent.


"You need to do a bit more research and as @littleadv often wisely advises, consult a professional, in this case a tax layer or CPA. You are not allowed to just pull money out of a property and write off the interest.  From Deducting Mortgage Interest FAQs If you own rental property and borrow against it to buy a home, the   interest does not qualify as mortgage interest because the loan is not   secured by the home itself. Interest paid on that loan can't be   deducted as a rental expense either, because the funds were not used   for the rental property. The interest expense is actually considered   personal interest, which is no longer deductible. This is not exactly your situation of course, but it illustrates the restriction that will apply to you.  Elsewhere in the article, it references how, if used for a business, the interest deduction still will not apply to the rental, but to the business via schedule C.  In your case, it's worse, you can never deduct interest used to fund a tax free bond, or to invest in such a tax favored product.  Putting the facts aside, I often use the line ""don't let the tax tail wag the investing dog."" Borrowing in order to reduce taxes is rarely a wise move. If you look at the interest on the 90K vs 290K, you'll see you are paying, in effect, 5.12% on the extra 200K, due the higher rate on the entire sum. Elsewhere on this board, there are members who would say that given the choice to invest or pay off a 4% mortgage, paying it off is guaranteed, and the wiser thing to do. I think there's a fine line and might not be so quick to pay that loan off, an after-tax 3% cost of borrowing is barely higher than inflation. But to borrow at over 5% to invest in an annuity product whose terms you didn't disclose, does seem right to me. Borrow to invest in the next property? That's another story."


all of these examples are great if you actually believe in fundamentals, but who believes in fundamentals alone any more? Stock prices are driven by earnings, news, and public perception. For instance, a pharma company named Eyetech has their new macular degeneration drug approved by the FDA, and yet their stock price plummeted. Typically when a small pharma company gets a drug approved, it's off to the races. But, Genetech came out said their macular degeneration drug was going to be far more effective, and that they were well on track for approval.


The NYSE holidays are listed online here: https://www.nyse.com/markets/hours-calendars


No the government got screwed. They only made a profit if you squint very hard and ignore lots of things.  They should have done what Buffett did, or more, offering to buy as many share as needed at 1c a share. No-one need to bust but stupid greedy people needed to learn a lesson.  Of course they did learn a lesson: America is the home of socialized losses and privatized profits.


It is what it is.  My gripe about it is there was a massive amount of fraud committed and no one was punished except for a few scumbag mortgage brokers who in the grand scheme of things were bit parts in one of the biggest financial events in modern history


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Most likely, yes. AD&D is insurance against a specific type of peril.  Life insurance is, too, but there are fewer exceptions to payout.  I'd imagine that you'd have to die by accident, or be dismembered but not die, for it to pay out.  The exceptions in the policy are what you need to be concerned about. If loss of you (and your income) would be of financial hardship to your wife and your goals for your family, then you should consider life insurance. (If you do, consider having your wife buy the policy on you, and make sure it's clear that her funds were paying for it.  It may be possible to avoid having the payout go into your estate that way.)


"Executive summary: It sounds like the merchant just did an authorization then cancelled that authorization when you cancelled the order, so there was never an actual charge so you'll never see an actual refund and there's no money to ""claim"". More detail: From your second paragraph, it sounds like they just did an authorization but never posted the transaction. A credit card authorization is basically the merchant asking your credit card company ""Does sandi have enough credit to pay this amount and if so please reserve that amount for a bit."" The authorization will decrease the total credit you have available on the card, but it's not actually a charge, so if your billing cycle ends, it won't show up on your statement. Depending on which company issued your credit card, you may be able to see the authorization online, usually labelled something like ""Pending transactions"". Even if your credit card company doesn't show pending transactions, you'll see a decrease in your available credit, however you shouldn't see an increase in your balance. The next step, and the only way the original merchant gets paid, is for the merchant to actually post a transaction to your card. Then it becomes a real charge that will show up on your next credit card statement and you'll be expected to pay it (unless you dispute the charge, but that's a different issue). If the charge is for the same amount as the authorization, the authorization will go away (it's now been converted to an actual charge). If the amounts are different, or the merchant never posts a transaction, the authorization will be removed by your credit card company automatically after a certain amount of time. So it sounds like you placed the order, the merchant did an authorization to make sure you could pay for it and to reserve the money, but then you cancelled the order before the merchant could post the transaction, so you were never really charged for it. The merchant then cancelled the authorization (going by the start of your third paragraph). So there was never an actual transaction posted, you were never charged, and you never really owed any money. Your available credit went down for a bit, but now should be restored to what it was before you placed the order. You'll never see an actual refund reflected on your credit card statement because there was no actual transaction."


I've flown American regularly for the past two years because it's the only carrier offering nonstops between Richmond, VA and DFW.   Something is definitely up with them lately.   After 18 months of nearly perfect on-time service (except for weather delays), four out of my last five flights with them have been delayed for maintenance issues, several for 2 hours or more.


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It may have been the standard practice for a long time, and indeed it still is the common practice for my credit union to apply all excess payment directly to the principal. At the risk of sounding a little cynical, I will suggest that there is a profit motive in the move to not applying excess payments to principal unless directly instructed to do so. Interest accrued isn't reduced until the principal is reduced, so it benefits the creditor to both have the money in advance and to not apply it to the principal. You should probably move forward with the expectation that all of your creditors are adversarial even if only in a passive-aggressive manner.


Why was I sent both 1042-S and 1099. Which amount is the right amount that has been withheld. Generally, each tax form you get will be about a separate income; for instance, you might get a 1099-DIV for dividends you earned from an investment and then a 1099-B for the profit or loss on selling that investment, in which case you'd report them both to the IRS. In this case, you've also had money withheld as a non-resident alien, which is why you've been issued a 1042-S. So you need to report both amounts to the IRS.


"One option is to look at the IRS Witholding Calculator - As George Marian notes, this is by no means a perfect way to ""estimate"" how much you'll owe.  Other key questions for you to answer: There's no silver bullet here. The best you can do is to understand the key inputs into how your taxes are calculated, and then identify the most important tax deductions that you might take. Then pray that you haven't missed some nuance and use a tax program early in January to check your assumptions so you're not completely surprised when April rolls around.  A final suggestion: do your own taxes using a website like TurboTax. Take the time to ""itemize"" your tax deductions just to learn what is tax deductible. You can figure out how the big parts of tax law works by just looking at what you could deduct in the future."


**Why are we collecting emails?** The email is for two purposes. (1) so we can let you know when challenges become available, and (2) so that we can send your payment, and contact the raffle winner.  The survey will also ask about: investment experience, portfolio size, and education. This is crucial to interpreting the results scientifically.   All data will be stored on a secured server, and **your personal information will never be shared with anyone.** Any data made available during publication will be fully anonymized according to best practices.


The Government self-assessment website states you can ask HMRC to reduce your payments on account if your business profits or other income goes down, and you know your tax bill is going to be lower than last year. There are two ways to do this:


Yes, anything that lowers your MAGI will help you avoid the cliff, and all above the line deductions like HSA/IRA contributions do so. I'd prioritize maxing HSA contributions over maxing IRA contributions, but that's another topic. Here's a good article on avoiding the cliff, but you've already got it figured correctly: Stay Off the Obamacare ACA Premium Subsidy Cliff Here's what goes into MAGI for ACA purposes (from healthcare.gov): Your MAGI is the total of the following for each member of your   household who’s required to file a tax return: You mentioned traditional IRA, and that's important since Roth IRA contributions do not lower AGI.


"That's a pretty good question for a six-year-old! In addition to the good answers which point out that expectations are priced in, let's deny the premises of the question: Sales do not increase the value of a company; a company could be, for example, losing money on every sale. Share prices are (at least in theory) correlated with profits.  So let's suppose that company X is unprofitable 320 days a year and is relying upon sales in late November and December to be in the black for the year. (Hence ""black Friday"".)  Carefully examine the supposition of this scenario: we have a company that is so unprofitable that it must gamble everything on successfully convincing bargain hunting consumers in a weak economy to buy stuff they don't actually need from them and not a competitor. Why would this inspire investor confidence? There are plenty of companies that fail to meet their sales targets at Christmas, for plenty of reasons."


I hear what you're saying, but having been writing for a while, I can say with authority that the articles sticking to dry facts that you call for never make any exposure in the first place.  If you want to get your point across, you had better mix in a bit of passion about it.


Yes, I see the same problem.  Google's version seems to be correct, however.


>I trust the IT security of a local civic government less than one of the largest e-commerce conglomerate.  A local government isn't going to have much in the way of security, they also not going to be managing your license plate or any other such info either.  More so how often do you hear about some data breach with a big company compared to the government?


According to my wife who used to work in the industry, since an investment mortgage is more likely to fail (they are just riskier) there are higher loan to value requirements and higher interest rates. They are just different products for different situations.


When I was in grad school (at an engineering school) my apartment-mates and I came up with this formula: Worked marvelously.


Several answers already addressed the issue that you wouldn't want to get into this situation in the first place, but looking forward the problem is that you want to spend 2000, whilst you don't have it (or at least not 3200). Besides finding a way to get more loans/credit than you already have, you can consider whether you could survive without spending the 2k in question.


As somebody working in Equity research for one of the top ranked ER producing firms in NA, i'm a little surprised to see so many people down on sellside ER.  It absolutely has value, although it is not as directly tangible as somebody sitting at a desk cold calling and closing sales. Every day we are sending out a huge amount of advisory information to our sales and trading guys, as well as our clients. Our MD and analysts are on the phone constantly with guys on the other end looking to make decisions and wanting clarification.  My group in particular works in a sector where differentiating between a huge number or relatively similar firms that all require incredibly high capital investments is the name of the game, and as such finding ER analysts who can really pick out the important subtle details is very important for identifying real value.  I'll agree that being able to sell is important, but that's always something you have to be good at no matter what it is you're doing. Even in interviews with a hospital you have to sell yourself.  This got a bit long but is SS ER dying? Absolutely not. Is there going to be a concentrating focus on a smaller number of quality analysts? Possibly.  I'm a junior guy, so who knows where this industry is going. All I know is that compared to my friends in entry level roles in S&T and IB, the technical knowledge i'm picking up with regards to my sector is leaps and bounds ahead of them and will give me a great deal of optionality going into the future as to where I want to take my career.  I really like being in ER, and i respect the people I'm lucky enough to work with and I don't think that the guys who really know how to pick the winners are going anywhere.


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I googled this after my comment, seems like Hardee's was all but driven out of my state (Michigan) by Wendy's & Tim Horton's? ... frankly, I don't miss it .... was like just a hair above Arbie's, and just the thought of Arbie's makes my bowels angry.


I order what I can from Amazon if the price is same to HD/Lowes.  Too easy to just order at night when I am done working and it shows up a couple of days later...saves me a lot of time.  Amazon has terrible prices/selection of electrical, pipe and drain fittings.  It is also hard to buy lumber or concrete on Amazon; I would if I could.


Mortgage or other interest rates are determined by the banks on cost of funds, risk and operating cost.   The Fed raises money from the markets by issuing Tresury Bonds at a specified rate. This rate at which it raises money varies depening on the economy. Thus there are 2 rates: the rate at which banks can borrow money from the Fed, which is higher than the rate that the Fed would give banks for excess money deposited with them. So if the cost of borrowing is less, banks can borrow this money from the Fed and loan it to individuals at a slightly higher rate that would cover their costs plus a small profit. The risk associated with a mortgage is less, and hence these would be cheaper, then say a personal loan.  If the cost of borrowing goes up, the mortgage rate will go up. If the cost of borrowing money goes down, the cost would come down. Banks may not always borrow money to lend. If they have existing money, they can either park it with the Fed for a lower interest rate, or loan it to individuals for a rate higher than what they would have received from the Fed.


Distributions from an inherited IRA will be taxed as ordinary income and there are required minimum distributions for the inherited account. Assuming you were 55 at the time of your mother's death, your life expectancy according to the IRS is 29.6 years. Your required yearly distributions on $200,000 would be roughly $6800. For each year that you didn't withdraw that, you would owe a 50% penalty of the distribution amount (~$3400). That's probably better than the tax hit you would take if you pulled it all in as income in a 5 year window (ie. all right now since you're at the end of the window).


You need wealth in order to have a sovereign wealth fund. The countries that do it are usually petro states such as Norway and Saudi Arabia. Since petrol is in dollars, they sell oil and get dollars.   They need a way to then spend this money, hence the wealth fund.


I agree with everyone who has simply told you 'Dont' and 'You can't' and add a few more considerations that you don't want to deal with: What you want to do is admirable but very complicated from a financial and legal perspective.  If this is really a route that you want to go down you should give up on the 'simple' and consider hiring a lawyer.


"LOL!!!!!! If anything, Hillary goes to prison with Susan Rice, Podesta, etc.  The ""meh Russia"" story is made up, and if it's true, it was happening under Obama watch. Do you seriously believe Russia made the Hillary cheat on debate questions, rig the election against Sanders, e-mail fiasco, etc?"


Yes, Alpha Vantage. As MasticatedTesticle points out, it is worth asking where it originally comes from, but it looked to me like a solid source for, in particular, intraday trading data. Additionally, Yahoo finance is done on R (zoo, PerformanceAnalytics libraries don't work anymore as far as I can tell). The numbers look right to me tho, let me know if things are off.


"they apply it to my next payment That's what my bank did with my auto loan.  I got so far ahead that once I was able to skip a payment and use the money I would have sent the bank that month for something else.  Still, though, I kept on paying extra, and eventually it was paid off faster than ""normal"". EDIT:  what does your loan agreement say is supposed to happen to extra payments?"


This question is really a variation of rent vs buy.  Try looking at it this way - If you bought it 50/50 and rented it out, what would you both get? Now, moved in, you are effectively collecting that rent, but half is your own money, half is from the partner.  Is the half you are getting the from the partner equal to 1/4 of the mortgage. This sounds convoluted, but once you spell all the numbers out, it would be clear.  Without the deal as you present it, you'd be paying the partner to 'live in his half.'


Well it has not been proven that any of that actually happened as far as i can find out.  I do think they are pretty sketch, however yelp ranks high in a lot of searches and people tend to use it a lot.  I look at yelp like paypal.  I hate the company and wish other good alternatives where around, but everyone uses it so its best to use them.  If he gets reviews from established yelp members they will stay.


Well the stated intended goal for the organization is to change the car market and they seem to have been very successful at that so far. I see where you're coming from, but I think you're using a different measuring stick than what is intended for their strategy.   They released all their patents. That should be a great indicator of what success means for them.


This is huge news! The implications for the rest of the economy are enormous. This flight away from the stock market into long term money is completely unprecedented. We have huge retirement funds that already were decimated in 2008-09, since then we have seen these funds flee into the money markets like never before, now even as rates continue to lower we continue to see this trend. Now it is just a matter of time until these retirement funds will see massive drops in value, not if but when rates increase.


Okay. Think this through. There's an average of 4 people working in a  McDonalds kitchen at one time. How many burgers would they have to sell every hour in order to (a) pay for the ingredients, power and rent on the building and (b) pay 60 (15*4 workers) dollars per hour?


I am sorry for your troubles, but impressed with your problem solving skills.  Keep going, things will get better.   Your best hope is to find a place that does manual underwriting.  If they do computer generated stuff, then you will be kicked for sure.  If you can show 20% down, and have some savings, and have some history of paying bills, then you might be approved.   Here in Florida, RP Funding still does manual underwriting.  Another one that is mentioned is Church Hill mortgage.  Also you might check with local credit unions. Of course your best bet to be approved is to be open and state upfront the challenges.  You have to find someone that has the ability to think, has the ability to see passed the challenges, and has the authority to do so.


"> The BPP's inflation measure is markedly different from the government's. The economists average all the prices culled online, meaning the basket of goods is whatever you can buy on the Web. (Some items, like books, are most often bought online. Others, like cats, are not.) **Plus, the researchers do not weight certain items' prices,** ***even if they tend to make up a larger proportion of household spending.***  See, that last line is where the problem with this ""alternate/independent"" system lies.  It may not ""adjust"" the prices in the same manner as the CPI, but it operates on an equally flawed assumption (which at it's fundamental root is still the same as the ""hedonic adjustment"").  The fact that DVD's may have dropped from $20 to $5 each, or that last years (nearly obsolete) model of a laptop computer, tablet, or cell phone has likewise dropped from $500 to $250 -- and in that sense, just like the CPI excluding/omitting things like gas & grocieries from the ""core inflation rate"" -- the BPP **similarly** creates a FALSE picture of ""inflation"" as being just a crude aggregated average of ""price changes"".  The problem ISN'T that the CPI (or other indices) include ""weighting"" and ""adjustments"" -- **it is that the weighting and adjustments are biased** -- and they have been altered many times over the past decades, and the methodology being used is one that is *biased* to create a ""lower"" inflation rate (one that dismisses a ""reduction in lifestyle/quality of goods"" as being an acceptable change, rather than a sign & signal of the actual problem).  >Still, thus far, the BPP has tracked the CPI closely.  Yes it has... extremely closely.  So closely in fact that it beggars belief."


"There are two common types of P/E ratio calculations: ""trailing"" and ""forward"" (and then there are various mixes of the two). Trailing P/E ratios are calculated as [current price] / [trailing 12-month EPS]. An alternative is the Forward P/E ratio, which is based on an estimate of earnings in the coming 12 months. The estimate used is usually called ""consensus"" and, to answer your question, is the average estimate of analysts who cover the stock. Any reputable organization will disclose how they calculate their financials. For example, Reuters uses a trailing ratio (indicated by ""TTM"") on their page for BHP. So, the first reason a PE ratio might not jump on an announcement is it might be forward looking and therefore not very sensitive to the realized earnings. The second reason is that if it is a trailing ratio, some of the annual EPS change is known prior to the annual announcement. For example, on 12/31 a company might report a large drop in annual earnings, but if the bulk of that loss was reported in a previous quarterly report, then the trailing EPS would account partially for it prior to the annual announcement.  In this case, I think the first reason is the culprit. The Reuters P/E of nearly 12 is a trailing ratio, so if you see 8 I'd think it must be based on a forward-looking estimate."


I worked at a university that provided BYOD access to students and staff. There were never any issues. It may not be trivial to design your network in such a way, but it certainly isn't impossible. Some employees carry a two phones, but many only have one.


Correct. However, when a comment is highly upvoted, contains factual information, & doesn't aim to show any clear bias, then it is more often than not a correct response.   However, in your case, a clearly biased opinion that contains no factual information, AND is downvoted leads me to believe that it is not a correct response. If I were in your shoes I would open my eyes. Don't so easily follow manipulation and lies just because they have led you to where you are today.


"Determine which fund company issues the fund. In this case, a search reveals the fund name to be Vanguard Dividend Growth Fund from Vanguard Funds. Locate information for the fund on the fund company's web site. Here is the overview page for VDIGX. In the fund information, look for information about distributions. In the case of VDIGX, the fourth tab to the right of ""Overview"" is ""Distributions"". See here. At the top: Distributions for this fund are scheduled Semi-Annually The actual distribution history should give you some clues as to when. Failing that, ask your broker or the fund company directly. On ""distribution"" vs. ""dividend"": When a mutual fund spins off periodic cash, it is generally not called a ""dividend"", but rather a ""distribution"". The terminology is different because a distribution can be made up of more than one kind of payout. Dividends are just one kind. Capital gains, interest, and return of capital are other kinds of cash that can be distributed. While cash is cash, the nature of each varies for tax purposes and so they are classified differently."


Why Investors Buy Platinum is an old (1995) article but still interesting to understand the answer to your question.


>it's a racket.  *shrug*  Aren't they all?  Some are better than others.  Carlton Sheets, Robert Kiyosaki, Suzie Orman, etc.  Even Dave Ramsey, arguably the best of the bunch, hawks books and seminars frequently.    But isn't business school also a racket?  Isn't most education?


>slower/duller version of baseball  You apparently don't know much about modern cricket. [Cricket is the second most popular sports in the world.](http://www.10topten.com/2012/03/most-popular-sports-in-the-world/) after soccer.    >but played over 5 days   Very few cricket matches are played in the 5 day format these days. They're called test matches. Most games these days are ODI (One day international games).  They usually last about 8 hours.  In fact, they even have a newer popular format known as the T20, where the matches are just as short as a typical American MLB game. They last about 4 hours and the pace is more intense than even baseball.


"In the US, this was the case during the 19th century. There was a system of ""subscriptions"" between banks, where larger banks backed the smaller banks to some extent. In trade, notes from distant banks were not accepted or discounted relative to known local banks, or silver/gold coinage. There were a number of problems with this system which came to a head during the Panic of 1907. During this crisis, a cascading series of banking failures was only stopped by the personal intervention of JP Morgan. Even when Morgan intervened, it was very difficult to make capital available in a way that avoided the panic. The subsequent creation of the Federal Reserve was a response to that crisis."


"Disclaimer: I work in life insurance, but I am not an agent.   First things first, there is not enough information here to give you an answer.  When discussing life insurance, the very first things we need to fully consider are the illustration of policy values, and the contract itself.  Without these, there is no way to tell if this is a good idea or not. So what are the things to look for? A. Risk appetite.  People love to discuss projections of the market, like for example, ""7-8% a year compounded annually"".  Go look at the historical returns of the stock market.  It is never close to that projection.  Life insurance, however, can give you a GUARANTEED return (this would be show in the 'Guaranteed' section of the life insurance illustration).  As long as you pay your premiums, this money is guaranteed to accrue.  Now most life insurance companies also show 'Non-Guaranteed' elements in their illustrations - these are non-guaranteed projections based on a scale at this point in time.  These columns will show how your cash value may grow when dividends are credited to your policy (and used to buy paid-up additional insurance, which generates more dividends - this can be compared to the compounding nature of interest).   B. Tax treatment.  I am definitely not an expert in this area, but life insurance does have preferential tax treatment, particularly to your beneficiaries. C. Beneficiaries.  Any death benefit (again, listed as guaranteed and maybe non-guaranteed values) is generally completely tax free for the beneficiary. D. Strategy.  Tying all of this together, what exactly is the point of this?  To transfer wealth, to accrue wealth, or some combination thereof?  This is important and unstated in your question. So again, without knowing more, there is no way to answer your question.  But I am surprised that in this forum, so many people are quick to jump in and say in general that whole life insurance is a scam.  And even more surprising is the fact the accepted answer has already been accepted. My personal take is that if you are just trying to accrue wealth, you should probably stick to the market and maybe buy term if you want a death benefit component.  This is mostly due to your age (higher risk of death = higher premiums = lower buildup) and how long of a time period you have to build up money in the policy.  But if a 25 year old asked this same question, depending on his purposes, I may suggest that a WL policy is in fact a good idea."


Is there a risk buying a used car via a proxy if I pay the actual owner?   Everything seems to be in order except one thing: the actual owner (X) is    out of the country, and the car is being sold by his relative (Y). Yes there is risk. The risk is that the money never makes it to the actual owner. You have a piece of paper that claims to give  permission to sell the car and the contact info for the real owner. The risk is that it was forged. Or that some other part of the chain of trust is forged.  Maybe the car is stolen. Maybe this is part of a more complex scam and you are only a small part of it. The risk is that you end up having to file a police report after the real owner reports it stolen and the car is taken from you; or even worse you end up under arrest because they think you are the thief. With tons of cars for sale why risk it? Of course if the deal is a bargain, that may be designed to make you ignore the flashing warning light.


> People seem to think that sitting in front of the 20inch computer monitors at a table for one is preferable to a 50 inch LCD screen with dolby surround in the den. I am not surprised because the internet is comprised of people who mainly dwell on the internet, where people who watch TV are probably watching TV right now.   Many of those people watch Netflix and such on a TV in the den using an Xbox or PlayStation or a computer.


How can I get quarterly information about private companies? Ask the owner(s).  Unelss you have a relationship and they're interested in helping you, they will likely tell you no as there's no compelling reason for them to do so.  It's a huge benefit of not taking a company public.