Just looking at the numbers, something appears off. Cost of equity of ~4% seems very low and should not be below cost of debt. Also a risk free rate of 1.66% seems VERY low. Sometimes it's worth taking a step back and seeing if the numbers even make sense.  If you're serious about using your own analysis for investing, the assumptions are extremely important and incorrect ones can throw everything off.


Any institution that issues checks and is connected to the ACH system can be the passive side. Any institution that clears checks and is connected to the ACH system can be the originating side. Not any institution that can be - in fact is. Your credit union doesn't provide this service because they don't want to. It costs them money to implement and support it, but they don't see the required benefit to justify it. They can. My credit union does that.


The only recommendation I have is to try the stock screener from Google Finance : https://www.google.com/finance?ei=oJz9VenXD8OxmAHR263YBg#stockscreener


Stock price is an indicator about the health of the company.  Increased profits (for example) will drive the stock price up; excessive debt (for example) will drive it down. The stock price has a profound effect on the company overall: for example, a declining share price will make it hard to secure credit, attract further investors, build partnerships, etc.  Also, employees are often holding options or in a stock purchase plan, so a declining share price can severely dampen morale. In an extreme case, if share prices plummet too far, the company can be pressured to reverse-split the shares, and (eventually) take the company private.  This recently happened to Playboy.


You should check this with a tax accountant or tax preparation expert, but I encountered a similar situation in Canada. Your ISA income does count as income in a foreign country, and it is not tax exempt (the tax exemption is only because the British government specifically says so). You would need to declare the income to the foreign government who would almost certainly charge you tax on it. There are a couple of reasons why you should probably keep the funds in the ISA, especially if you are looking to return. First contribution limits are per year, so if you took the money out now you would have to use future contribution room to put it back. Second almost all UK savings accounts deduct tax at source, and its frankly a pain to get it back. Leaving the money in an ISA saves you that hassle, or the equal hassle of transferring it to an offshore account.


Because people with good enough lawyers seem to get away with this. Maybe they will do a trivial amount of time or pay fines less than what they made, but it'll probably be worth it in the long run.


Ex-Date is a function of the exchange, as well as the dividend. Consider Deutsche Bank AG, DB on the NYSE, DKR on Xetra. For a given dividend, each exchange sets the ex-date for trades on that exchange.  (See http://www.sec.gov/answers/dividen.htm for a description of how it works in the US; other exchanges/countries are similar.) This ex-date is normally based on the dividends record date, which is when you must be on the company's books as a shareholder to receive the dividend, and based on when trades for an exchange are settled. The ex-date is the first date for which trades on that date will not settle until after the record date. This means that the ex-date can be different for different exchanges. If you sell your shares on an exchange before the ex-date for that exchange, you will not get the dividend. If you sell your shares on or after the ex-date for the exchange, you do not get the dividend. So it depends on the time zone of the exchange. Most stock exchanges trade T+3, but this can still come into play if there are bank holidays in different countries at different times.


For margin, it is correct that these rules do not apply.  The real problem becomes day trading funding when one is just starting out, broker specific minimums. Options settle in T+1. One thing to note: if Canada is anything like the US, US options may not be available within Canadian borders.  Foreign derivatives are usually not traded in the US because of registration costs.  However, there may be an exception for US-Canadian trade because one can trade Canadian equities directly within US borders.


"There's no such thing as true ""passive income."" You are being paid the risk free rate to delay consumption (i.e., the super low rate you are getting on savings accounts and CDs) and a higher rate to bear risk. You will not find truly risk-free investments that earn more than the types of investments you have been looking at...most likely you will not keep up with inflation in risk-free investments. For a person who is very risk averse but wants to make a little more money than the risk-free rate, the solution is not to invest completely in slightly risky things.  Instead the best thing you can do is invest partially in a fully diversified portfolio.  A diversified portfolio (containing stocks, bonds, etc) will earn you the most return for the given amount of risk.  If you want very little risk, put very little in that portfolio and keep the rest in your CDs. Put 90% of your money in a CD or something and the other 10% in stocks/bonds.  Or choose a different percentage. You can also buy real assets, like real estate, but you will find yourself taking a different type of risk and doing a different type of work with those assets."


There's a story about a guy who became a billionaire starting from nothing.  As a kid, he would use his allowance to buy vegetables at the farm and sell for a big markup in the city.  By 21, this little business of his was doing very well and he was saving more and more money every day.    Then... he finally married a billionaire widow.  And that's how he became a billionaire.    Rich Dad, Poor Dad is sort of like the joke above.  It gives you the inspiration and common sense advice (save, don't waste money, etc, etc.)  But it misses key points, and the book is full of false information he portrays as real life examples.    Nothing wrong with the book *as entertainment*.  But actually *doing something useful* to pursue your goals is 100x better use of time.  It's not even close.  There is no magic advice in any book that will teach you to be comfortably rich, and this book is no different.


Yeah, but why not clarify? It leads one to think that that is Avedis Zildjian since no other Avedis Zildjian is mentioned throughout the article. It's like writing an article on George H.W. Bush, labeling him as George Bush, and then putting an image of George W. Bush in the article, also labeling him as George Bush.


"Interesting as I am in the exact same situations as yourself.  I, in fact, just incorporated.  You will be able ""save"" more in taxes in the end.  The reason I put ""save"" in quotes, is that you don't necessarily save on taxes, but you can defer taxes.  The driving factor behind this is that you specify your own fiscal calendar/year.  Incorporating allows you to defer income for up to 6 months.  Meaning that if you make your fiscal year starting in August or September, for example, you can claim that income on the following year (August + 6 months = February).  It allows you to keep the current year taxes down.  Also, any income left over at year end, is taxed at 15% (the Corporation rate) rather than the 30-40% personal rate you get with a sole-proprietorship.  In a nutshell, with sole-proprietorship, all income is taxable (after write-offs)... in a corporation, you can take some of that income and keep it in the corporation (gives your company a ""value""), and is only taxed at 15% - big saving there. I primarily work with US businesses.  I am, however, a dual-citizen, US and Canadian, which allowed me as a sole-proprietor, to easily work with US companies.  However, as a sole-proprietor or a Corporation, you simply need to get an EIN from the IRS and any US company will report earnings to that number, with no deductions.  At year end, it is your responsibility to file the necessary tax forms and pay the necessary taxes to both countries.  Therefore you can solicit new US business if you choose, but this is not restricted to corporations.  The real benefit in incorporating is what I mentioned above. My suggestion to you is to speak with you CA, who can outline all benefits.  Revenue Canada's website had some good information on this topic as well. Please let me know if you need anything else explained."


> People like Faber are white fear defined.  He lives in Thailand.  He has also lived in Singapore & Hong Kong, having moved to the East in 1973.  For someone with so much 'fear', he surrounds himself with a hell of a lot of non-whites on purpose.


There is a subtle difference.  In an FDIC insured bank account, you are guaranteed to get all of your money back out. If you put $1000 into your bank account, you are guaranteed to be able to get at least $1000 back out when you want. The value of the account (in dollars) can never go down, for any reason.  When you put money into a brokerage account, cash is typically invested in a money market fund. Money market funds are considered very safe investments, with low risk of loss (and a corresponding low rate of return).  However, it is possible for the value of a money market fund to go down, and SIPC insurance does not cover that.  What SIPC does cover is any sort of shenanigans that a broker might play on you. If they screw up and delete your account, or give your money to someone else, or close up shop and head to Grand Cayman, SIPC ensures that you will get your money back. But it does not cover investment losses.


Most of the Indian Brokers started offering API's to retail client these days. And NSE Exchange also supports algo trading at retail level. Currently two levels of API are offered. 1)Semi-automatic or one touch trading (Retail Traders) 2)Fully Automatic ( Dealers) I had tested the API with a discount broker www.tradejini.com and it is good at retail level. But to make your trading systems fully automatic you need to pass NISM Series VIII certification (Dealer Certification) and have to take dealer terminals from the broker. You also have to register as a dealer and have to take permission from exchange to run your algos fully automated. Without Exchange permission it is illegal to involve in algo trading.


"There are normally three key factors that define different kinds of loans, these factors affect the risk that the lender takes on and so the interest rate. The interest rate on any loan is linked to market interest rates; the lender shouldn't be able to receive a higher rate of interest for lending the money at no risk, and the level of risk that the lender believes the borrower to have. The three features of a particular loan are: These reduce the risk of complete or total non-payment (default) of the principal or any missed interest payments. Taken in order: Amortising Here some of the monthly payment pays a proportion of the underlying principal of the loan. This reduces the amount outstanding and so reduces the capacity for default on the full principal as part of the principal has already been paid. Security In a secured loan there is an asset such as a car, house, boat, gold, shares etc. that has a value on resale that is held against the loan. The lender may repossess the security if the borrower defaults and recover their money that way. This also acts as a ""stick"" using the loss of property to convince the borrower that it is better to keep paying the interest. The future value of the security will be taken into account when deciding how much this reduces the interest rate. Guarantor A guarantor to a loan guarantees that the borrower will repay the loan and interest in full and, if the borrower does not fulfil that obligation, the lender is able to seek legal redress from the guarantor for the borrower's debts. Each of these reduce the risk of the loan as detailed and so reduce the interest rate. The interest rate, then, is made up of three parts; the market interest rate (m) plus the interest rate premium for the borrower's own credit worthiness (c) minus the value of the features of the loan that help to reduce risk (l). The interest rate of the loan (r) is categorised as: r = m + c - l. Credit ratings themselves are an inexact science and even when two lenders are looking at the same credit score for the same person they will give a different interest rate premium. This is mostly for business reasons, and the shape of their loan book, that are too tedious to go through here. All in all the different types of loan give flexibility at the cost of a different interest rate. If you don't want the chance of your car being repossessed you don't take a secured loan, if you have a family member who can help and doesn't mind taking on your risk take a guaranteed loan."


Note: While I think the above is a reasonable interpretation, I'm not about to take legal responsibility for it since I'm not a lawyer, if you need serious advice get a professional opinion through appropriate channels.


I might have been raised jewish, but I support people's right to hold an opinion and I support their right to assemble.  I don't like the precedent this could set.  These companies should not be playing moral gatekeeper, they should be providing a service.  I also believe in public healthcare.  Fuck me, right?


"Isn't the guy that made the article website critisizing the book himself rich? Since he writes his own books and so forth?  And the critique is wrong on some things, so you don't take the things that are right seriously? Are you serious? If so, then why take RDPD seriosuly? It might be right on some things, but it's wrong on more things so you shouldn't take it seriously.   I just think people overestimate this whole ""opening the mind"" thing and they are so elated because they ""are not one of the sheep(le) anymore"" and are somehow better than others that they end up worshiping whatever gave them this delicious piece of mind candy."


"Exactly.  The ""Makes me sick"" comment is a bit dramatic. This is our system, this is how  these test preparation operations work. Gaming the tests is:  1) Basically a requirement because high scores are necessary to access the best schools and scholarships.  2) Proof that the SAT works against the poor because many either can't afford or don't know to access these tricks."


"Choice Stories You Play is a different game requiring emotional intelligence, tact, and logical reasoning. Click the ""Free Keys & Diamonds"" Page Submit your email and Choices account details Press submit and complete the human verification Wait for the access code to be generated Check your email for the..."


One way is ignoring IP rights. The highly competitive dog eat dog environment without government created monopolies for the inventor results in more iterations and faster growth. The US seriously needs to roll back IP protection to compete.   In most areas they are still copying though. Give them 10 years and I doubt that’s still true.


The reason for the imbalance has to do with ownership.  Ownership results in dividends.  Taxes have little to do with it *except* that it was decided that the income that arises from ownership not be taxed at the same rate that income gained from labor is taxed.  *That* is the real inequality, and that is how 62 people gained most of the wealth of the world.


I store all my receipts digitally, and make sure to input them into accounting program sooner than later, just so I don't forget about it. For practical purposes, the two important things are: Any kind of a digital system makes this pretty easy, even just putting the sums in a spreadsheet and the receipts into files with the date in the name. However, because it's easy enough, I also have a box where I stuff the paper receipts. I expect never to need them, but should something very weird happen to my computer and backups, they would be there.


Inflation refers to the money supply. Think of all money being air in a balloon. Inflation is what happens when you blow more air in the balloon. Deflation is what happens when you let air escape. Inflation may cause prices to go up. However there are many scenarios possible in which this does not happen. For example, at the same time of inflation, there might be unemployment, making consumers unable to pay higher prices. Or some important resource (oil) may go down in price (due to political reasons, war has ended etc), compensating for the money having less value.  Similarly, peoples wages will tend to rise over time. They have to, otherwise everyone would be earning less, due to inflation. However again there are many scenarios in which wages do not keep up with inflation, or rise much faster. In fact over the past 40 years or so, US wages have not been able to keep up with inflation, making the average worker 'poorer' than 40 years ago. At its core, inflation refers to the value of the money itself. As all values of other products, services, assets etc are expressed in terms of money which itself also changes value, this can quickly become very complex. Most countries calculate inflation by averaging the price change of a basket of goods that are supposed to represent the average Joe's spending pattern. However these methods are often criticized as they would be 'hiding' inflation. The hidden inflation may come back later to bite us.


I'm not an importer but I sold a lot of things online and has tried a lot of methods and calculate it.  In my experience, warranty almost always a good financial decision unless your marketing really sucks. You could always mark up your product against competitors with no warranty by quite a large amount. 10-20% would be quite a low estimate if you combined it with marketing and sales person, considering I sold goods with full guarantee and no question asked and only got return of less than 2% online it is actually good decision on most product (it's electronics, and we sell 300-500 pieces a day). Just make sure that the buyers have to absorb some of the cost (shipping + waiting 2 days) so you won't have a group of people bought things without actually want to follow through.


http://news.yahoo.com/blogs/lookout/average-american-commute-25-1-minutes-165915472.html  Average commute is 50 minutes each day, which means you are already at the edge for your average driver. I wouldn't say the vast amount of people can commute, but a sizeable portion can. The problem still is that even with high gas prices buying a cheap car is much cheaper than an electric. You can buy a Chevy Spark that gets 38MPG for $13,000, compared to electric vehicles that start in the 30s.


One of the other things you could do to improve your score would be along the lines of what Pete said in his answer, but using the current financial climate to your advantage. I'm not sure what interest rates are available to you in the UK, but I currently have 4 lines of credit aside from my house. One is a credit card I use for every day purchases and like you pay off immediately with every statement. The other three are technically credit cards, however all three were used to make purchases with 0% financing. The one was for a TV I bought that even gave me 5% off if I pay it off within 6 months. That cash has been sitting in my savings since the day I bought it. I'm making regular payments on all three, but not having to pay any interest. My credit score dropped 25 points with the one as it was an elective medical expense (Visian eye surgery), so for the time the balance is near my credit limit. However, that will bounce back up as the balance lowers. My score was also able to take that hit and still be very high. If you don't have 0% (or very close) available, your better bet would be to follow the other suggestions about saving for a sizable down payment, or other every day expenses like a cell phone.


Imagine you have a bank account with $100 in it. You are thinking about selling this bank account, so ask for some bids on what it's worth. You get quotes of around $100. You decide to sell it, but before you do, you take $50 out of it to have in cash. Would you expect the market to still pay $100 for the account? The dividend is effectively the cash being withdrawn. The stock had on account a large amount of cash (which was factored into it's share price), it moved that cash out of it's account (to its shareholders), and as a result the stock instantly becomes priced lower as this cash is no longer part of it, just as it is in the bank account example.


The sad thing is that if you were to tell people that our economy has dropped by 50% in the past decade, many would believe you.  It's hard to wrap your mind around the huge difference between a 1% and 3% annual GDP growth rate.  A 50% GDP drop would be worse than Godzilla destroying Silicon Valley then grabbing Mothra and punting him face first into the New York Tri-State Area hugging an EMP.  I would mention Chicago but [I think they're already under attack by a kaiju](http://3.bp.blogspot.com/-2wweA-K6Vh4/UuDWvRGNLiI/AAAAAAAAhsY/xlFXqL_8YQQ/s1600/ford+bumbaclot.jpg).


"Nothing can be done? Well, in the past the courts were the mechanism by which something was done and that something was called ""consent decree"" where the court would simply order the monopolistic practices to stop immediately or the offenders could instead pay for instance a million dollar per day fine until they came into compliance. Xerox, for instance, only opened the specs of what we now call the PC under a court ordered consent decree.   This nationwide system of trust busting was dismantled under Reagan with the creation of the Court of Appeals of the Federal Circuit (CAFC) which was created out of nothing  in order to strengthen so-called intellectual property rights. The term ""intellectual property"" in turn had been crafted by a group of patent lawyers decades earlier in order to promote monopolistic practices.   Things could go back to the way they were with a major shakeup of the court system but as in the 30s it will probably take a sustained economic depression and complete collapse of the stock market to make that happen. With mechanisms like the 401K which also emerged in the Reagan era that becomes more and more difficult to achieve without enormous suffering and loss of wealth by typical households."


"This is simple tech, but I used Amazon Fresh Pickup a few times. The second time I went I wanted to tell the attendant my order number or my name. He just said, oh we know already, it's coming up. And I just need to tell him whether I want the bags in the back or the trunk.   They collected my license plate info via a reader at the stall and already tied it to my account. There's actually a 4 stage ""loading bar"" indicator that tells you the status right in front of where you park and wait at the stall. I was pretty amazed.  One bar is they read your car plate or got your order number. Two is someone is getting your stuff. Three is the bags are on the way out. Four is time to drive away."


"First, let me say that $1000 is not that much of amount to invest in stocks. You need to remember that each transaction (buy/sell) has fees, which vary between $4-$40 (depending on the broker, you mentioned Scottrade - they charge $7 per transaction for stocks and about twice as much for some mutual funds). Consider this: you invest $1000, you gain $100. You'll pay $15 in fees just to buy/sell, that's 1.5% expense ratio. If you invest in more than 1 stock - multiply your fees. To avoid that you can look into mutual funds. Different brokers offer different funds for free, and almost all of them carry many of the rest for a fee. When looking into funds, you can find their expense ratio and compare. Remember that a fund with 1% expense ratio diversifies and invests in many stocks, while for you 1.5% expense ratio is for investing in a single stock. Is it a good idea to invest only in US or diversify worldwide? You can invest in the US, but in funds that diversify worldwide or across industries. Generally it is a good idea to diversify. I am 28. Should I be a conservative investor or take some risks? Depends on how bad of a shape will you be if you lose all your principle. What online brokerage service is the best? I have heard a lot about   Scotttrade but want to be sure before I start. It seems to be the   least expensive and most user-friendly to me. ""Best"" is a problematic term. Scottrade is OK, E*Trade is OK, you can try Sharebuilder, Ameritrade, there are several ""discount"" online brokers and plenty of on-line reviews and comparisons amongst them. What is a margin account and how would it affect my investing? From   what I understand it comes into play when an investor borrows money   from the broker. Do I need to use it at all as I won't be investing on a big scale yet. You understand right. There are rules to use margin accounts, and with the amount you have I'd advise against them even if you get approved. Read through the brokers' FAQ's on their requirement. Should I keep adding money on a monthly basis to my brokerage account   to give me more money to invest or keep it at a certain amount for an   extended period of time? Sharebuilder has a mechanism to purchase monthly at discounted prices. But be careful, they give you discounted prices to buy, but not to sell. You may end up with a lot of positions, and the discounts you've gotten to buy will cause you spend much more on selling. Generally, averaging (investing monthly) is a good way to save and mitigate some risks, but the risks are still there. This is good only for long term savings. How should my breakdown my investments in terms of bonds vs stocks? Depends on your vulnerability and risk thresholds."


Monopolization occurs when a single organization is able to garner enough resources to make market entry cost prohibitive, government or not. A monopoly would be able to shut down competition even in the event of new market entry by locking down consumers and manipulating prices


You're right, I do not fully understand different types of depression. I have suffered it, but I beat it with hard work. It's a daily struggle. I also understand that there are types you can't 'just beat'.  I know a lot of people also use it as an excuse. I don't know what category the person I replied to, falls under.  I felt the best I can do for him is to work with an assumption, and hope it changes him for the better. If I'm wrong, I'll just be another asshole on the internet. That part I'm fine with... its worth trying to help someone.


Yes, the business can count that as an expense but you will need to count that as income because a computer = money.


This is more legal and less personal finance question. You should immediately lodge a police complaint mentioning that some persons are using your PAN card details for activities not authorized by you. In the meantime also engage the services of a CA and reply back to income tax authorities. Do not ignore the notice.


"Hopefully the changes truly reflect one's ability to pay debit and not a way to suddenly create millions of new ""credit-worthy"" borrowers and some debt bubble pops 6 years down the road. Businesses will love people using debt to buy stuff for that sweet revenue."


As more people earn it, the value will dilute to some degree. However, I think for *some* parts of finance, the charter will retain usefulness. I mean, college degrees are *extremely* diluted, but they're still seen as a necessary requirement.  I see that happening for PM type of roles. Clearly anywhere it isn't useful now won't see appreciation in that later.


Yes, it really will hurt you to keep pulling your money from your IRA. Your best bet is to set up a payment plan with the IRS, and pay the taxes you owe now, as well as adjust your withholding (with a new W-4 to your payroll department) so that you don't have a large tax liability next year. These tax advantaged plans really are designed to penalize you if you pull the money out early to give you incentive to keep the money for retirement. Your best bet is to make a monthly budget that includes your tax payments for taxes owed this year, as well as higher deductions from your paycheck to properly withhold taxes for next year.


You can't include cellular and satellite, the speeds aren't comparable. These figures are from from: http://broadband.about.com/od/speedissues/a/Broadband-Internet-Speeds-Explained.htm and using http://www.checkyourmath.com/convert/data_rates/per_second/gigabits_kilobytes_per_second.php but translated into gigabits per second            Broadband Technology   Speed Gbps                          Dial-up                     0.000052154                         DSL                         0.006144 - .006                            Satellite                 0.0032 - .002                            3G                         0.0004 - .0015        Cable Modem                 0.001 - 1.0       WiMax                         less than 0.128      Fiber                         up to 1.0     4G / LTE                 up to 0.01     As you can see from this table, there is broad range within the technologies. A low end cable modem is worse than Satellite. With comcast, i get around 40mps, which is .04 on the table, which is better than the theoretical maximum of DSL by a huge factor.  Edit: I have to hand it to comcast, 40 mps is much better than the 20 mps it was 2 years ago. I just feel like the pricing model is a license to print money.


Presumably they would lose value eventually. They're not going to turn a profit anytime soon. There may come a day when they've burned through their cash, can't get anymore private equity dollars, and have no choice but to either raise money with public equity or entertain discounted offers to buy a controlling interest.


"> If you're going to build an AI, you won't make it very far without a definition for intelligence or what it is to think (this turns out to be hard.)  But turns out, we don't exactly know what intelligence exactly is, or what a thought is physically like (an electrochemical signal shooting somewhere in the brain? ). That's why the best we can do right now attempting to recreate the results, instead of actually ""emulating"" intelligence or how the brain works."


"Most people advocate a passively managed, low fee mutual fund that simply aims to track a given benchmark (say S&P 500). Few funds can beat the S&P consistently, so investors are often better served finding a no load passive fund. First thing I would do is ask your benefits rep why you don't have an option to invest in a Fidelity passive index fund like Spartan 500. Ideally young people would be heavy in equities and slowly divest for less risky stuff as retirement comes closer, and rebalance the portfolio regularly when market swings put you off risk targets. Few people know how to do this and actually do so. So there are mutual funds that do it for you, for a fee. These in are called ""lifecycle"" funds (The Freedom funds here).  I hesitate to recommend them because they're still fairly new. If you take a look at underlying assets, these things generally just reinvest in the broker's other funds, which themselves have expenses & fees. And there's all kinds personal situations that might lead to you place a portion with a different investment."


Here's a simple answer: If your debit card has a visa or mc logo, it can be used as a 'credit card'.  In order to do so, you shouldn't enter the pin, instead choose 'credit' and sign for it. Unlike a credit card, you can't spend money you don't have but like a credit card, your purchase is protected by the credit card company (visa/mc) and gives you privileges like zero fraud liability and purchase disputes. http://www.moneycone.com/should-you-sign-for-a-debit-card-purchase-or-use-your-pin/


"The setting of interest rates (or ""repurchase rates"") varies from country to country, as well as with the independence of the central bank. There are a number of measurements and indices that central bankers can take into account: This is a limited overview but should give an indication of just how complex tracking inflation is, let alone attempting to control it.  House prices are in the mix but which house or which price? The choice of what to measure faces the difficulty of attempting to find a symmetrical basket which really affects the majority regularly (and not everyone is buying several new houses a year so the majority are ring-fenced from fluctuations in prices at the capital end, but not from the interest-rate end). And this is only when the various agencies (Statistics, Central Bank, Labour, etc.) are independent.  In countries like Venezuela or Argentina, government has taken over release of such data and it is frequently at odds with individual experience. Links for the US: And, for Australia:"


The mortgage and title of the house would be under both your names equally.  When I applied for a mortgage with my girlfriend, I was the primary applicant because of my credit score and she was the secondary because of her income (she makes more).  When all was said and done, it was explained to us that the mortgage was ours equally and so was the house, and that I didn't hold more ownership than her over either.  We were approved quickly and hassle free. This is our first house too. This is in Florida.


If interest rates have gone up, don't sell when you move. Refinance to lock in a low rate and rent out your current house when you move. Let the rent pay your new mortgage.


"Thank you for the in-depth, detailed explanation; it's refreshing to see a concise, non verbose explanation on reddit.  I have a couple of questions, if that's alright.   Firstly, concerning mezzanine investors. Based on my understanding from Google, these people invest after a venture has been partially financed (can I use venture like that in a financial context, or does it refer specifically to venture capital?) so they would receive a smaller return, yes? Is mezzanine investing particularly profitable? It sounds like you'd need a wide portfolio.  Secondly, why is dilution so important further down the road? Is it to do with valuation?  Finally, at what point would a company aim to meet an IPO? Is it case specific, or is there a general understanding of the ""best time""?  Thank you so much for answering my questions."


"Would not be shocking. Amazon already has massive ""fullfillment"" centers here which I know they have all over but that area is prime for something like we are talking about to happen. The land is crazy cheap and the areas around Hamilton County are technically the ""richer"" more high end areas around Indianapolis. Growing up in Indiana and seeing the amount of farm land for sale and how cheap it is seemingly going does make me a bit sad though."


RenTec's Medallion fund has already hit capacity:  https://www.bloomberg.com/news/articles/2017-04-25/renaissance-mints-another-billionaire-with-two-more-on-the-cusp  > Simons determined, almost from the beginning, that the fund’s overall size can affect performance: Too much money destroys returns. Renaissance currently caps Medallion’s assets between $9 billion and $10 billion, about twice what it was a decade ago. Profits get distributed every six months.


I am able to place an 'all or none' order with my broker. But doing so reduces the number of potential sources to fulfill the order. As others have mentioned, try a limit order to get a specific price.


I still don't understand this, you have an option between two cars, they are exactly the same except for one is cheaper and has less battery capacity, that means the company who built it is making less money on the cheaper one, and you have the choice between the two cars. You could very easily just buy the more expensive one if you have the money then, or you can afford it now until you have the money later, always your choice. If you don't like it, buy the more-expensive bigger battery, not the cheaper car that costs the same net price after the upgrade. What's wrong with that?


There's a bit of truth to that, except in reality when you ask for business loan the bank most definitely looks at the background of the owners (assuming it's a small business).  You might have some luck fooling investors as a way to get some capital, but that's doubtful as well if you have a history of starting companies that later fail.


My first thought when I go into McD, JitB, and Carls, they have way too much stuff on the menu to be able to prepare well without it all being pre-cooked microwaveable crap. When you go to some place like In and Out and the have same number of people in the kitchen (or more), roughly the same size kitchen and they only make 3 things (burgers. fries, shakes). If McD and company are not doing it the way they do at In and Out, why would you want a hamburger from them?


The biggest factor is: Are you really going to invest the difference? It is easy to say you will now, but unless you have a ton of discipline or some form of automatic investing, that is a hard thing to do in practice. Another consideration is that the 30 year loan will usually cost you more over the life of the loan because of the length of it.  Another option is to take the 30 year loan and pay at the rate you would with a 15. Then you get the benefit of paying it down quickly, but have the flexibility to only make smaller than usual payments in any month where you have a financial emergency and need the extra cash.


"IANAL, but if you're planning to sell shares in your LLC you may be disappointed in the protection granted. I looked into this corporate structure for the same purpose myself, and my attorney said something like, ""If an owner of one of the shares of your company is driving to look at one of the properties, and gets into a wreck for which they were found negligent, the injured party can sue the corporation."""


It is, but barely. They didn't support it enough, and it wouldn't surprise me if they stopped it sometime soon. Sure it's cool and all, but there aren't too many great games on it aside from a few, and it still has some issues that's never been resolved.


There are two reasons to do a reverse split.  Those partial shares will then be turned into cash and returned to the investors. For large institutional investors such as mutual funds or pension funds it results in only a small amount of cash because the fund has merged all the investors shares together. If the company is trying to meet the minimum price level of the exchange they have little choice. If they don't do the reverse split they will be delisted. If the goal is to reduce the number of investors they are using one of the methods of going private: A publicly held company may deregister its equity securities when they   are held by less than 300 shareholders of record or less than 500   shareholders of record, where the company does not have significant   assets. Depending on the facts and circumstances, the company may no   longer be required to file periodic reports with the SEC once the   number of shareholders of record drops below the above thresholds. A number of kinds of transactions can result in a company going   private, including:


"I was there for unrelated-to-Walmart work this time last year. The entire region's commerce seems *very* predicated upon Walmart's success. Imagine if Walmart fell how much of that local economy would vanish.    Tyson and JB Hunt can only do so much without the retail giant throwing reams of money their way. The University can only support so much. I hate to imagine what they region looks like in 40-50 years if Walmart's well dries up.    ---  ""Oh, you're moving to NW Arkansas? Big business there. Beautiful drive up from Fort Smith too. What takes you there?""   *""Walmart!""*    ...why else move there? It's all hinging on Walmart's continued success. I can't imagine the land value holding if Walmart contracts. *Maybe* you could sell some football-weekend houses to well-off Razorback fans if you're in Rogers or south, but there's been a lot of growth there without many more independent industries in case of collapse."


I believe there are two ways new money is created: My favorite description of this (money creation) comes from Chris Martenson: the video is here on Youtube. And yes, I believe both can create inflation. In fact this is what happened in the US between 2004 and 2007: increasing loans to households to buy houses created an inflation of home prices.


16/17 billion. Big deal in all they made around 85 billion dollars off subprime loans.  So they gave up a fraction of what they made. Rob a bank get 10 year in jail.  When the bank robs the people, they keep their money and get a slap on the wrist.


"Check out Professor Damodaran's website: http://pages.stern.nyu.edu/~adamodar/ . Tons of good stuff there to get you started. If you want more depth, he's written what is widely considered the bible on the subject of valuation: ""Investment Valuation"". DCF is very well suited to stock analysis. One doesn't need to know, or forecast the future stock price to use it. In fact, it's the opposite. Business fundamentals are forecasted to estimate the sum total of future cash flows from the company, discounted back to the present. Divide that by shares outstanding, and you have the value of the stock. The key is to remember that DCF calculations are very sensitive to inputs. Be conservative in your estimates of future revenue growth, earnings margins, and capital investment. I usually develop three forecasts: pessimistic, neutral, optimistic. This delivers a range of value instead of a false-precision single number. This may seem odd: I find the DCF invaluable, but for the process, not so much the result. The input sensitivity requires careful work, and while a range of value is useful, the real benefit comes from being required to answer the questions to build the forecast. It provides a framework to analyze a business. You're just trying to properly fill in the boxes, estimate the unguessable. To do so, you pore through the financials. Skimming, reading with a purpose. In the end you come away with a fairly deep understanding of the business, how they make money, why they'll continue to make money, etc."


"It's a shame because there's a lot more to SeaWorld than just orca shows. Along with research, educations, and conservation of marine life, they're pretty much the only places where endangered marine animals that are injured or orphaned can be taken to be rehabilitated and released. https://en.wikipedia.org/wiki/SeaWorld#Animal_rescue_and_rehabilitation_program  SeaWorld really is a unique place that has instrumental in protecting marine life, and it's rescued far more animals than anyone could claim they've harmed.  We're living in a time when use of animals for entertainment is becoming no longer palatable for much of our society, but Blackfish was as one sided as activist ""documentaries"" typically are. It was only one side of the whole story."


"“It’s hard to explain simply why and how it works"". If that's the case, why would I give you money? 21% annualized, not geometrically averaged return, is impressive but less so in a crazy bull market with no discussion of leverage employed. Let's wait to see what a full market cycle does to those returns"


While Apple is undoubtedly tougher at negotiating, the premise is of the question is false. Apple pays more money per stream than Spotify, whose user base is primarily on their free tier, which has almost no revenue at all and gets to pay out lower royalty rates. Apple Music doesn't have a free tier. Apple Music also apparently runs at a profit, while paying out more per stream. Free tiers are awful for pretty much everybody involved.


"There are a few things you are missing here. These appear to be penny stocks or subpenny stocks. Buying these are easy.... selling is a total different ball game. Buying commissions are low and selling commissions are outrageous. Another thing you are missing in this order is... some trading platform may assume the ""AON"" sale. That is All Or None. There was an offer of 10k shares @ .63. The buyer only wanted 10k what was the broker to do with the other 20k? Did you inform the broker that partial sales where acceptable? You may want to contact your broker and explain this to them. The ALL OR NONE order has made plenty of investor a little unhappy, which seems to be your new learning experience for the day. Sorry, school of hard knocks is not always fun."


"Should you negotiate? Yes, what harm can it possibly do? The landlord is unlikely to come back and say ""Because you tried to negotiate, I'm putting the rent up by 10% instead."", or to evict a paying tenant merely because they tried to negotiate. Is the proposed rent increase ""normal""? Yes. Landlords will generally try to get as high a rent as they can."


The Truth is that the Orange Lorax never wanted to be president, he was just going to make a shit load of stupid promises he would never have to keep, and then he would make a lot of noise about how bad things were and how he would have done much better had he been elected.  But as luck would have it, this incompetent buffoon got elected and has proceeded to destroy, step by step what has taken decades to build and daily pisses on the very values America is supposed to protect and cherish.   I don't think that even the trail of parasites who saw a great opportunity to consolidate their hold on American society  through their vassal, even imagined how bad he would be.  I look forward to the vengeance with which he will tear through the Fed.


Stock portfolios have diversifiable risk and undiversifiable risk.  The market rewards investors for taking undiversifiable risk (e.g. owning an index of oil producing companies) and does not reward investors for assuming diversifiable risk (e.g. owning a single oil producing company).  The market will not provide investors with any extra return for owning a single oil company when they can buy an oil index fund at no additional cost. Similarly, the market will not reward you for owning a small-cap index fund when you can purchase a globally diversified / capitalization diversified index fund at no additional cost.  This article provides a more detailed description. The Vanguard Total World Stock Index Fund is a much better staring point for an equity portfolio. You will need to make sure that the asset allocation of your overall portfolio (e.g. stocks, bonds, P2P lending, cash) is consistent with your time horizon (5-10 years).


As the record date is 7th August, you need to hold stocks on the 7th August closing. You need not hold it till 2nd Sept. The list as taken on 7th August would be processed and instructions given to Bank and the dividends credited by 1st Sept.  Edit: To Clarify Victor's comment Typically from the time one sells the stocks to the time it actually gets transferred has a clearing cycle. Most stock exchanges have 2 or 3 days cycles. i.e. if I sell the stock today, it is still in my name. The money is still with the buyer. On Day 1, the positions are arrived at. On Day 2 the stock gets credited to the buyer and the funds gets credit to seller.  As the question was specific whether to hold the stock till 7th or 22nd Sept, my initial answer was simple. The illustration by Victor is more accurate.


Sure, but what percent of Americans from outside the PNW make a vacation to Seattle/San Juan Islands in their lifetime (and particularly in their youth)? 1%? And what percent then get on the water and actually see an Orca?  I took a week long vacation to Seattle recently and never saw a single Orca or even reference to one, and I went to the Seattle Aquarium.  Fact is, a lot more people are exposed to wild life and educated about them at places like SeaWorld, zoos, aquariums, etc than they are in the actual wild. And exposure to animals has been shown to have a large affect on people's feelings toward them (particularly children).  SeaWorld's treatment of some of their animals obviously isn't great, but it's hard to argue that SeaWorld doesn't have a positive impact on people's feelings towards sealife, possibly, even probably, having a positive net-benefit on their well being.


"Normally I avoid any links pointing to guardian or telegraph or such sites but just was curios to what exactly the content of such a ""paper"" would be.   As expected, it has the seeds of a world war and is a lab factory for future terrorism. How does one expect value without work. US atleast produces some value here and there, but the other countries are just decline stage. Seriously UK? It seems some people can just not let go off their easy life ride or ""way of life"" as it is often referred to - basically create a system highly stacked in one's own favor and then blatantly call out others as conspiracy theorists or some such noun to get them on the defensive. Elimination of public debt should not be allowed for these countries.   There is so much cunningness, guile, cheating, lying in sneaky fashion and so much negativity hiding behind that theory - it is sometimes depressing how world operates and then people complain about it when there is real chance to put checks and balances to stop such disgusting things from taking form."


I think another point was that squeezing a bag of stuff between two flat plates is inherently harder than squeezing it from one end with a roller. So that explains why the machines cost so much, the gears and whatnot in the press were huge and the electrical stuff was all pretty non-standard too.


"P/E is price to earnings, or the price of the company divided by annual earnings. Earnings, as reported, are reported on accrual basis. Accrual basis accounting is...without going too deep, like taking a timeline, chopping it up and throwing different bits and pieces of every year into different piles.  Costs from 2008 might show up in 2011, or the company might take costs in 2011 that aren't necessarily costs until 2012.  Examples would include one-time charges for specific investments, like new shipping centers, servers for their hosting services, etc.    Free cash flow is the amount of cash Amazon is generating from its operations. Free cash flow is almost always different from earnings because it's the amount of Earnings + adjustments for non-cash activities - capital expenditures (long-term investments.)  Earnings is one thing.  Cash generation is a completely different animal.  There are plenty of companies that ""earn"" billions, but only have a few hundred million in cash to show for it because their earnings have to be reinvested into new stuff to grow/maintain the business.  To have a free cash flow yield of 2.5% is to have a company valued at $40 for each $1 of free cash flow that the company generates each year.  $1/$40 = 2.5%.  SGA = Selling, General, & Administrative expenses.  These are the costs of running the company - paying salaries, advertising, etc.  This cost is second only to COGS, which is Cost of Goods Sold.    Currently, Amazon pays $.774 for every $1 product it sells.  Its operations add another ~$.20 to that total.  After taxes, Amazon keeps about 2 cents of every dollar's worth of product it sells.  This 2 cents is Amazon's net margin of 2%.  Net margin is (net income)/(sales).  If Amazon earned $3 for every $100 in sales it would have a net margin of 3%.     Let me know if this makes no sense.  If there's anything in particular that is especially confusing, definitely reply and I'll better clarify on specific items.  Fire away with any questions, also.  I love to discuss finance and accounting."


This may make Australian exports cheaper, which can be a good thing. However it is at the expense of making imports more expensive. Look to Japan, which is devaluing their currency, and is a large importer of energy:  I wont say its bad or unnecessary to hold money in other currencies. However, keep in mind that all AUD-denominated assets will, or at least should, rise as the currency falls. If just AUD/USD falls this may not apply, but if AUD is weakened all around it should hold true. Again, look to Japan, where the Nikkei is closely correlated with the strength of the yen:  Another possibility is to buy gold which should rise in AUD terms but other forces are at work with gold price so some would not agree with this.


"The broker will charge borrowing fees and sometimes a charge called ""hard-to-borrow fee"". Other than that you will earn interest on the cash you get from selling the stocks, but you will have to pay dividends.  This is because someone else (the party you sold the stocks off to) will now get the dividends and the party who lent you the stocks will miss out on these, that's why you have to remunerate them. The type of account you need is entirely up to your broker (and besides, it depends on what a 'normal' account for you is, you should at least mention your country or your broker)."


Best is indeed subjective. You could for example, get a Universal Life Policy that pays a guaranteed interest on all monies (even those in excess of what you need to pay to cover the policy). Most people will tell you (probably correctly) that using life insurance as an investment vehicle is a bad idea, however.  The growth of the money in a UL policy, however, is usually tax deductible and grows at a guaranteed rate. NWML here in the U.S. pays a guaranteed (unless they go broke I suppose) 4% per year; historically, however, they've been paying 6% per year. That's pretty good, except a lot of your money goes into buying the policy the first few years.


While I think this percentage is a little bit strong of an overestimate, if social media and website building companies can make it easy to prove ROI for their products, then it'll certainly increase over time.


There are some good answers in general, and I have a slightly different solution, which won't fit as a comment to one of the other answers. I am of course not a lawyer and this is not legal advice.


If you are trying to weed out companies that are fronts for scams, one way is to look for a physical address that checks out with the phone book and a phone number posted on the site that connects you to an actual person. By itself this isn't a guarantee that the company is legit, but it will weed out a large number of fraudulent companies hiding behind PO boxes. That is, companies that defraud a lot of people don't usually make it very easy to track them down or contact them to complain or sue them.


All distributions from a regular (non-Roth) 401k are regular income.  IRS: Distributions, including earnings, are includible in taxable income at retirement (except for qualified distributions of designated Roth accounts).


"Here are the risks involved with student loans: So - what happens if you decide (or are forced) not to finish school (50% of students don't)?  You have no degree to boost income, but still have the debt.   What happens when you graduate and want to use that saved cash buy a house, car, etc., and treat the student loans as a monthly bill?  The next thing you know you're loan-poor and are struggling to make your monthly payments just like most other ""normal"" people. You aren't going to earn significant interest on your cash while you're in college (and it will not outpace inflation), and there's significant risk of your college savings losing money if they're not in risk-free investments, so it would NOT be wise to take out student loans when you have the means to cash-flow it. Also, student loans generally charge a roughly 1% fee, so that actually negates the interest you earn in your savings account. Plus you already have money in a 529 plan that is meant for college expenses (and cannot be used to pay student loans) - use that money for what it's for."


"Forget the math's specifics for a moment: here's some principles. Additional housing for a renter gives you returns in the form of money. Additional housing for yourself pays its returns in the form of ""here is a nice house, live in it"". Which do you need more of?  If you don't need the money, get a nicer house for yourself. If you need (or want) the money, get a modest house for yourself and either use the other house as a rental property, or invest the proceeds of its sale in the stock market. But under normal circumstances (++) don't expect that buying more house for yourself is a good way to increase how much money you have. It's not. (++ the exception being during situations where land/housing value rises quickly, and when that rise is not part of a housing bubble which later collapses. Generally long-term housing values tend to be relatively stable; the real returns are from the rent, or what economists call imputed rent when you're occupying it yourself.)"


>Chattel slavery would still be commonplace  not sure where you're pulling that one from tbh.   >general trend in history is towards more individual liberty  or that one, social liberty is at an all time high in the west, but economic liberty has a huge history of ups and downs. I'm not sure we're at a high


There are stores that buy ugly or close to expiration produce and sell it super cheap.  Its great if you're baking, canning, or making a big fruit salad for a party because you can get a bunch of stuff super cheap. Its not that good if you're trying to stock up on produce because most of it will start going bad the next day.


How about placing the money in a safety deposit box at the same bank? This will probably work out cheaper than the loss due to negative rates. Although, I'm quite sure the banks won't like this idea.


"If a company earns $1 Million in net profit (let's say all cash, which is not entirely realistic), it can do one of three things with it: On the balance sheet - profits that have not been distributed show up as ""retained earnings"".  When dividends are paid, Retained Earnings and cash are reduced. None of the other options change the fact that it is still ""profit"" - they all just affect the balance sheet, not the income statement: Note that when a company issues dividends, it reduces its per-share value since cash is leaving the door with nothing in return.   In Apple's case, since a significant amount of its profit was earned in other countries (where it was not taxed by the US), it would pay a significant amount in US corporate tax by bringing it back to the US by investing it or paying dividends. They are betting that at some point, the US will change the rules to make it more favorable to ""repatriate"" the money and reduce their tax significantly."


If you feel the house will appreciate, I'd say go for it.  I'm not familiar with the Denver market but real estate can be a great way to build wealth.   Besides, it seems like at this point you would lose your earnest money deposit if you back out. I do agree with people here though about the potential risk.  The only way to make money is if the property appreciates. In Seattle, properties have appreciated like crazy in the past 5 years.  Some have even gone up by 3x or 4x of what it was before.   If you are right about appreciation in your market, this could be a gold mine. With all investments, there is risk involved. If you do plan to move forward, here are some suggestions: Best of luck!


"Don't listen to the retarded ""do-gooder"" idiots on this site who think she shouldn't reneg because of some honor or morality bullshit.  You have a contract between two people.  It states what will happen when you pay (keep car) and what will happen when you don't (they take car). Defaulting isn't an inherent bad thing. There are consequences for it.  If you decide to default or to not pay a loan and you're ok with the consequences then do it. The person writing the loan knows the risk they're getting into and they're ok with it. So do what is best for you.  As for your original question, sorry I don't have an answer.  I don't think anything will happen to her in the U.S. but she might have trouble later on if she decides to move back to Japan or even visit Japan.  Or her family may be held accountable for it.  No idea.  I don't know how Japanese laws works. Hopefully someone here will help but the best thing would be to talk to a lawyer in both the U.S. and in Japan."


"There's an ideological/psychological aspect of this too apart from the practical problems. Eurozone leaders keep saying the mantra: conversion to the euro is ""irreversible"". There are analogies of this in recent history, it reminds me of the soviet leaders and their belief that communism is where history ends. They genuinely thought that once a communist system is built up in a country, it would stay forever. They believed in the superiority of their system, among other things this lead to the isolation of the Soviet Union from the West and the start of the Cold War. Then, in 1956 they were proven wrong with the Hungarian revolution and while they tried to ""clean up"" the situation as fast as they could and forget about it, their downhill inevitably started.  Back to the present, you can easily see the importance of keeping Greece in the EZ. If Greece exits, the illusion of the irreversibility of the Euro is gone, and it would start to fall apart."


"Congratulations on getting married!  As far as the IRS is concerned, you are a married couple for all of this year for tax purposes. The 2014 HSA contribution limit for you and your husband together is $6550.  This limit applies to both of you together, whether you file jointly or separately.  So it looks like you and your husband have excess contributions this year.  You'll need to withdraw some contributions, either in your account or your husband's account, to get under $6550 total for the year. If you choose to take this money out of your account, since you have already spent this money out of your HSA, you won't actually receive a check from the withdrawal.  Instead, the money that you have already spent will be recategorized from a normal HSA medical distribution to an excess contribution withdrawal.  When you get your 1099-SA form from your HSA bank at tax time, the distributions will be coded as excess contributions distributions.  In addition, the form will include the amount of any earnings (interest) that you received on your excess contributions. At tax time, you'll need to examine your W-2 form from your employer closely.  If the form does not include the amount that the employer HSA contribution in your taxable income, you'll need to add this amount as ""Other income"" on your taxes.  You'll also need to include any earnings on the excess contributions reported on the 1099-SA. Since your husband funds his own HSA and doesn't have any employer contributions to it, you might find it easier to withdraw the excess contributions from his HSA instead of yours.  To do this, you need to tell his HSA bank that the withdrawal is an excess contribution withdrawal so that it gets reported correctly on his 1099-SA.  There won't be any changes to his W-2, and the only ""other income"" he'll need to report is any earnings on the excess contributions from his 1099-SA. The instructions for Form 8889, line 13 explain what to do in the event of an excess contribution (note: The text here is from the 2013 version of the instructions): Line 13 If you or someone on your behalf (or your employer) contributed more to your HSA than is allowable, you may have to pay an additional tax on the excess contributions. Figure the excess contributions using the following instructions. See Form 5329, Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts, to figure the additional tax. Excess Contributions You Make To figure your excess contributions (including those made on your behalf), subtract your deductible contributions (line 13) from your actual contributions (line 2). However, you can withdraw some or all of your excess contributions for 2013 and they will be treated as if they had not been contributed if: You make the withdrawal by the due date, including extensions, of your 2013 tax return (but see the Note under Excess Employer Contributions, later), You do not claim a deduction for the amount of the withdrawn contributions, and You also withdraw any income earned on the withdrawn contributions and include the earnings in “Other income” on your tax return for the year you withdraw the contributions and earnings. Excess Employer Contributions Excess employer contributions are the excess, if any, of your employer's contributions over your limitation on line 8. If you made a qualified HSA funding distribution (line 10) during the tax year, reduce your limitation (line 8) by that distribution before you determine whether you have excess employer contributions. If the excess was not included in income on Form W-2, you must report it as “Other income” on your tax return. However, you can withdraw some or all of the excess employer contributions for 2013 and they will be treated as if they had not been contributed if: You make the withdrawal by the due date, including extensions, of your 2013 tax return (but see the following Note), You do not claim an exclusion from income for the amount of the withdrawn contributions, and You also withdraw any income earned on the withdrawn contributions and include the earnings in “Other income” on your tax return for the year you withdraw the contributions and earnings. There are further instructions on what to do if you don't take care of this until a future year, but it is much better and easier if you take care of this before the end of this year, and handle it correctly on your tax return. I believe that this is how it will all work; however, you'll want to confirm all of this with someone who knows what they are talking about and can look at your individual situation.  Hopefully, this answer gives you enough information to be able to ask the right questions."


Companies have this weird view of what their workers are doing: if you don't care that your employees get on Facebook at work, then you shouldn't care if they do it at home.  As a consultant who travels around I always laugh when companies only want you to keep track of what you work on when they are at home.


I concur that you should probably go with option 1.  And that is coming from a guy that refinanced all three of his properties with down to 20% equity 3 years ago to lock in either 4% 30 year fixed or 2.75% 15 year mortgage.  And I will not pay them off early because I do think I can do better than that in the market even if inflation is 0% for the next 30 years.  Just imagine when the fed stops manipulating tax rates.  I could be making more than 4% just in a checking account.


This thread has been linked to from elsewhere on reddit.    - [/r/Shitstatistssay] [Wages Have Fallen Because Politicians and Corporations Only Care About Short-Term Profits Not Long Term Visibility](http://np.reddit.com/r/Shitstatistssay/comments/2dgfcc/wages_have_fallen_because_politicians_and/)   *^If ^you ^follow ^any ^of ^the ^above ^links, ^respect ^the ^rules ^of ^reddit ^and ^don't ^vote ^or ^comment. ^Questions? ^Abuse? [^Message ^me ^here.](http://www.reddit.com/message/compose?to=%2Fr%2Fmeta_bot_mailbag)*


"My suggestion would be that you're looking at this the wrong way, though for good reasons.  Once you are a family, you should - and, in most cases I've seen, will - think of things differently than you do now. Right now, your post above is written from a selfish perspective.  Not to be insulting, and not implying selfish is a bad thing - I don't mean it negatively.  But it is how you're defining this problem: from a self-interested, selfish point of view.  ""Fair"" and ""unfair"" only have meaning from this point of view; something can only be unfair to you if you come from a self-centered viewpoint. Try to think of this from a family-centric viewpoint, and from your significant other's point of view. You're absolutely right to want both of you to be independent financially as far as is possible; but think about what that means from all three points of view (your family's, yours, and hers)? Exactly what it means will depend on the two of you separately and together, but I would encourage you to start with a few basics that make it likely you'll find a common ground: First of all, ensure your significant other has a retirement account of her own that is funded as well as yours is.  This will both make life easier if you split up, and give her a safety net if something happens to you than if you have all of the retirement savings.  I don't know how your country manages pensions or retirement accounts, but figure out how to get her into something that is as close to equal to yours as possible. Make sure both of you have similar quality credit histories.  You should both have credit cards in your own names (or be true joint owners of the accounts, not just authorized users, where that is possible), and both be on the mortgage/etc. when possible.  This is a common issue for women whose spouse dies young and who have no credit history.  (Thanks @KateGregory for reminding me on this one) Beyond that, work out how much your budget allows for in spending money for the two of you, and split that equally.  This spending money (i.e., ""fun money"" or money you can do whatever you like with) is what is fundamentally important in terms of financial independence: if you control most of the extra money, then you're the one who ultimately has control over much (vacations, eating out, etc.) and things will be strained.  This money should be equal - whether it is literally apportioned directly (each of you has 200 a month in an account) or simply budgeted for with a common account is up to you, whatever works best for your personal habits; separate accounts works well for many here to keep things honest. When that money is accounted for, whatever it is, split the rest of the bills up so that she pays some of them from her income.  If she wants to be independent, some of that is being in the habit of paying bills on time.  One of you paying all of the bills is not optimal since it means the other will not build good habits.  For example, my wife pays the warehouse club credit card and the cell phone bill, while I pay the gas/electric utilities. Whatever doesn't go to spending money and doesn't go to the bills she's personally responsible for or you're responsible for (from your paycheck) should go to a joint account.  That joint account should pay the larger bills - mortgage/rent, in particular - and common household expenses, and both of you should have visibility on it.  For example, our mortgage, day-care costs, major credit card (which includes most of our groceries and other household expenses) come from that joint account. This kind of system, where you each have equal money to spend and each have some household responsibilities, seems the most reasonable to me: it incurs the least friction over money, assuming everyone sticks to their budgeted amounts, and prevents one party from being able to hold power over another. It's a system that seems likely to be best for the family as a unit.  It's not ""fair"" from a self-centered point of view, but is quite fair from a family-centered point of view, and that is the right point of view when you are a family, in my opinion. I'll emphasize here also that it is important that no one party hold the power, and this is set up to avoid that, but it's also important that you not use your earning power as a major arguing point in this system.  You're not ""funding her lifestyle"" or anything like that: you're supporting your family, just as she is.  If she were earning more than you, would you cut your hours and stay at home?  Trick question, as it happens; regardless of your answer to that question, you're still at the same point: both of you are doing the thing you're best suited for (or, the thing you prefer).  You're both supporting the family, just in different ways, and suggesting that your contribution is more valuable than hers is a great way to head down the road to divorce: it's also just plain incorrect.  My wife and I are in almost the identical situation - 2 kids, she works part time in the biological sciences while spending plenty of time with the kids, I'm a programmer outearning her significantly - and I can tell you that I'd more than happily switch roles if she were the bread earner, and would feel just as satisfied if not more doing so. And, I can imagine myself in that position, so I can also imagine how I'd feel in that position as far as how I value my contribution."


The question is not whether CFA charterholders are better investment managers but rather whether starting (or having completed) your CFA will land you a better job. It's been my experience that it does, which is why so many people pursue it


Quick and dirty paper but pretty interesting.. I'm not in Portfolio Management but I probably would have ended up at the modal number as well.   I don't know the subject deeply enough to answer my own question, but is the bias always toward underestimation of variance? Or is that a complex of the way the problem was set up?   Another question I have for those in investment management; Would this impact asset allocation?


Be prepared to drive another 500 km to prove your claim. If you file your claims, normally you should claim interest at the bank rate on savings bank accounts. However, in most such situations, the rate is specified in the law. If not, your claim will not be entertained in a normal way. You may to file a suit for recovery of interest. Keep us posted on your progress.


* Why do I have to login before I can do anything besides read the cryptic text on the right?  * Why is this better than kickstarter?  * Is there anything more to this than a spaceman background and some very buzz-wordy text?  * Why did you re-submit this to /r/business after you submitted it three days ago?


"You should probably call the travel agency and complain. Not that they will care, but if by any chance they do - they can ask PayPal to remove the block. This is what is called ""authorization pending"". Usually, a credit card transaction has two stages: The merchant requests its payment processor to authorize the transaction. The processor will contact the card issuer with the transaction details and will get the authorization code which will be passed to the merchant. At that stage the transaction enters the ""pending"" stage on your account. The merchant submits the transaction and gets the money from its payment processor, who forwards the transaction to the card issuer and gets the money from there. The card issuer charges the card owner. The transaction should have the same authorization code received in step #1, and by matching it to the pending transaction, the card issuer removes the pending transaction, and posts the actual transaction. However, if the transaction in step #2 doesn't include the code from step #1, the match doesn't occur and you see the situation you have now: both the actual transaction and the pending are active. In this case the merchant should contact its merchant processor and request the revocation of the authorization code. The processor will then forward the request to the card issuer, who will then remove the pending transaction. As you can see - multiple parties have to actually care for that to happen, and many times they don't, because they don't have to. As to the period - it's up to the card issuer (PayPal in your case), but 1 month is a very long time. Usually it's about a week or two, unless it's a hotel/car rental. In any case - once it expires, it will go away on its own and if you don't mind for the amounts to be blocked until then - just let it expire. The fact that you used a debit card for this transaction is irrelevant. Unless it was a pin transaction, debit card transactions are processed as credit card transactions by processors. For pin transactions, there process is different and you shouldn't see doubles. If it was a pin transaction - contact PayPal and check with them what's going on. Generally, PayPal is not to be used as a ""bank account"", it is merely a payment processor, and it is advised to remove the money from there as soon as possible."


I'm with you, it is my favorite fast food joint.  I travel around North America often and it is the place where I get the best value at the best price.  Burger King is gross, I've given it enough chances.  The Big King... ewww. Taco Bell always leaves me disappointed.  The other US chains (Jack In The Box or Hardys) also somehow end up in a greasy mess.  But McDonald's has been consistent.


take a look at this graph here: http://mortgagevista.com/#m=1&a=40000&b=4&c=30y&B&oa&ob&oc&od It shows how much it costs to borrow $40k for 30 years. You did not post your mortgage rate or loan term, so I used 4% over 30 years (you can easily update this with your actual details). While this does not show the costs of your total mortgage, it does help you get an idea of just how much the 40k$ in question is costing you in interest. If you hover over the month one year from now you will see that you will have paid around $1587 in interest over the course of the year. If you were to put the full 40k$ toward your mortgage right now, you would avoid having to pay this interest over the next year.  The next question I think you would have to ask yourself is if there is anything else you could do with that money that is worth more than the $1587 to you.  Is it worth $1587 to keep those funds liquid/available in case you need to use them for something else? Could you find other investments you feel comfortable with that could earn you more than $1587?  Is it worth the hassle/risk of investing the funds somewhere else with a better return? If you can't come up with anything better to do with the money then yes, you should probably use the funds (or at least part of them) towards the mortgage.


It isn't about the US. Most GM sales are already outside its home country and that will only increase. China is already its second-largest market, and China has already announced that it will soon ban gasoline and diesel cars. Britain and France have said the same, and it appears that India and the Netherlands may be next.


"I've found that the most effective way to get things done is to communicate directly in person, or over the phone if the former is not possible, then to follow up with an immediate email - ""per our conversation, etc.""  This allows the natural personable conversations to occur, connecting you with you team members and direct reports, while also holding everyone accountable in writing.  Accountability isn't about being able to say ""I told you so!"" nor is it about waiting for an opportunity to make someone look bad. Accountability is about ensuring that no one falls behind or lets the team down in the first place through preventative measures.  This comes back full circle to my point on personable communication; the most effective method of management in my experience is simply leading by example. When you lead by example you never need to threaten employees with discipline or ""accountability;"" you simply do what you do and if people respect you for the way you work, they will look up to you as a role model. Your team members will do everything they can to support the team's objectives on their own accord.  Source: I learned this through a former manager. He motivated me to be more committed to the team's objectives and now I get to pay that forward to my direct reports.  Edit: typos, on mobile."


Apart from exchanging marriage vows, your wedding is the day when you have to show your guests how well you can serve them in terms of entertainment, food, lavishness and other pleasures. For entertainment, you can rely on us – Dynamic Roadshow. We are counted amongst the notable Asian wedding Djs who play the best mix of Indian wedding music. Our spectacular performance is going to help you make your wedding memorable.


The DAPL project is to access bakken  crude from North Dakota. There was some talk of tying it to the Canadian sand fields but the price of crude has made that a no go.  https://www.google.com/amp/amp.mcclatchydc.com/news/nation-world/national/article118999808.html   Map of DAPL https://www.nytimes.com/interactive/2016/11/23/us/dakota-access-pipeline-protest-map.html  It would terminate into pakota terminal and be routed to refineries throughout the Midwest.


One of things I've learned about trading on the stock market is not to let your emotions get to you. Greed and fear are among them. You may be overthinking. Why not keep it simple, if you think it can go up to $300 a share, put in a stop loss at $X amount where you would secure your invested money along with some gains. If it goes up, let it go up, if it doesn't well you got an exit.  Then if it goes up change your stop loss amount higher if you are feeling more optimistic about the stock.  And by the way, a disciplined investor would stick to their strategy but also have the smarts to rethink it on the fly such as in a situation like you are in. Just in my opinion anyway, but congrats on the gain! Some gains are better than none.


You need the salt to make a rainbow table. I can definitely see both sides to this argument, but I've never been convinced unique salts were more secure than a static salt consider they must be saved in the database.


As part of this acquisition 96% of the shareholders accepted an offer for their shares This means that most of the shareholder agreed for the sale. If this was less than specified percentage, the deal would not have gone through. To make it easier, there were 2 options present to shareholder, full exchange of shares of Infinera or part shares and part cash. I failed to do so as I was unwell at the time So you cannot now choose the option. There will be a default option of getting the equivalent shares in Infinera. What options are available to me now? Contact Infinera investor relations and ask them.


"Yes you tell them.  I can say that I pay cash for all my cars and always get cars for lower than the TrueCar low-end.  There are basically two steps: go test drive, negotiate fully, leave (unless you are given a mind-blowing offer).  This may take you one to many dealerships.  It depends on how well you know what car you want and how much a dealership will negotiate.   you pick a night that another dealership that specifically has the car you want (or multiple - even better) is open and you go in 30-45 mins before they close.   Paying cash is key for this to work.  By the time you get to numbers they will be almost closed.  Their finance guy might be gone so you will get your salesman and a manager.  I will use my last car as an example.  Toyota Highlander 2015 with MSRB 32,995.  TrueCar at 29,795 with a good deal at 29,400.  I simply talked to my sales guy said I would like to walk out with the car tonight.  I have already talked to XYZ dealership and they offered me 28,500 - which is already below TrueCar low price.   I asked for $27,900.  Boom 10 minutes later car bought at 28,100. Cash is king.  The sales guy and manager will bite the bullet on profit for ease of sale.  Going in late is the key to using the cash.  You don't have the finance guys jumping in and you have less people to move through.  Also they know they have limited time to deal and if you walk off the lot there is less than 10% chance of you coming back - they want to close.  They are making minimal profit but doing minimal work.  With cash your sales guy is on your side because you are basically throwing him a couple hundred dollars at the end of a shift (where most would just be sitting around watching TV). Some other tips: be fair.  If they would have said 28,300 is our lowest that we can go and that's it.  I probably would have still got the car.  Dealerships will tell you their lowest price if you are close and you are still below it. since they didn't show me their lowest price I didn't budge much but still budged a bit to show good sport.   They brought their invoice number out to show that at 28,100 that they were going to lose $1500 on the car.  I made the manager laugh because my response was to bring up KBB and show the used car price for the car, which was minus $2000.  So I just said, ""Well you lost $1500 but I lose $2000 driving this off the lot.""  I then went back to $27,850 to meet in the middle of ""losing"" money.  This actually closed the deal.  Anyway don't ever believe any piece of paper they show you with numbers.  These dealerships get monthly bonuses on sales and that is a lot of their profit past selling your trade-in. If you actually value your money you would never be trading in a car to a dealer so if you are paying cash, sell your own car or at least take it to a place like CarMax which I don't endorse but better than dealer."


"I think it's also a lesson to learn from this to document everything with a pen and paper. A dated note entry stating ""X member of management asked me to do Y"" could have gone a long way towards keeping this guy out of jail."


Check use is declining here too, but it still has some practical advantages over electronic means:


"It's a form of market manipulation.   It makes it look like there is high trading volume, which gets attention from speculators and technical traders who see a ton of volume and think that there is some kind of news announcement or something. People start buying it so they don't miss out on whatever it is that ""everyone else"" is doing, and the price goes up."


It's hard to say for smaller cap firms because they are all so different. Take a look at SandP or other rating agencies at about the BB range. Then decide how much of a buffer you'd like. If all goes to hell, do you want to be able to cover all you salaries, debt etc for three months? Six? What kind of seasonal volatility does your industry face? Do you plan on any significant investment or FTE uplift any time soon? This will all play into how much retained earnings you will chose to have.


Quick pay off the student loans. You have 140K in savings with a combined salary of 170K. You are looking to make money with the 140K, so just pay off the loans. It will turn your monthly loan payments in to a stream of money that can be used to save money for the next house.  Assume: The rest of the 700K needed for a 1.5 Million dollar house has to come from savings and the profit from selling the first house. If the house sells for loan balance +300K you still need 400K in savings.  Turning 140K into 400K in 5 years will funneling a large amount of your income into savings or excellent returns. Of course there is no way to predict return or what will happen to the market. If you don't sell the first home, you can rent the house. You either hope that the rental you charge allows you a positive cash flow. Or you hope that the house appreciates in value, so you hold on to it even if the rental income is a little below break even. Of course some keep the house because they can't sell it. In your case the equity might be more important for you to purchase the next house.


"(I agree with the answers above; would just like to make a couple of additional points.) It's a good and simple strategy to try it out with a small amount as suggested by @JoeTaxpayer♦. It's also generally safe to assert that card issuers currently don't receive or actively look at itemized transaction details. But that does not mean they cannot in the future. Some stores utilize level 3 data processing, which tells the card issuers exactly what you bought in a transaction. An example of level 3 data being utilized to reject rewards is with Discover, which announced a 10% cashback reward for any transactions made with Apple Pay last year. It later introduced an additional term to exclude gift card purchases. And this has been verified to be effective - no more reward on gift card purchases; clawback of cashback on existing gift card transactions. As far as I know, Amex does receive and look at some level 3 data retrospectively. That does not necessarily mean they will claw back your cashback after initially rewarding the 6%. But it might show up if you ever trigger an account review, and be used as evidence of your ""abuse"" of the program (which BTW is defined rather subjectively). There has been many cases of account shutdowns because of this. Card issuers are also trying to do a better job preventing ""abuses"" by proactively setting caps on rewards (as opposed to closing those accounts afterwards and taking the rewards away altogether). Given the trend in recent years, I have to speculate that at some point the card issuers would put clear language in the terms against gift card purchase and enforce it effectively (if they haven't already). This reward game is constantly changing. It's good while it lasts. Just be prepared and don't get surprised when things go south."


No, deliberate means intentional.   Consider a murder trial. Murder requires the prosecution to prove intent, but it doesn't require the defendant to confess (though would be adequate proof).  What do you think makes democracy morally superior to à meritocracy?


I actually deal with the regulators, and am familiar with the regs. So no, I'm not getting my information from the news.  There's a really strong bias there. The news is only going to mention things that seem objectionable. Believe it or not, everyone in government is not crooked.


I completely agree (I'm also fully on board with the principles of OWASP).   I think what makes this case interesting is that the data Equifax collects is deeply personal but also deeply relevant to their business model. So many other businesses collect much more personal data than required for their business. However in this case, Equifax is required to collect some of the most personal data in existence and failed at protecting it.   My point in the previous post was that the centralization of collected data is a systemic risk which ends in a compromise (and ultimately catastrophic failure) of the entire system.   Suppose Equifax, instead of storing all 143 million records in one database, had 143 *different* databases in 143 different locations, completely compartmentalized from each other. The risk of compromise would mean a million people's data would be exposed and not 143 million.


I believe you. A coworker of mine had a house on one of their shows and after “renovating” the house it was actually in worse shape than before they came in. Got paid nothing and the damage from the show cost tens of thousands the fix.


> By that vein, air is a product you consume on a daily basis. Should someone work to monetize oxygen now? There must be a rational limit on where you draw the line of short term profit versus long term social sustainability.  Air is an abundant resource with no scarcity thus a poor candidate for a for-profit venture.  The rest of your post really reads like you have committed to the zero-sum fallacy of economics and I really don't know how to argue against it.


Brownbag your lunch and make coffee at home.   If your current lifestyle includes daily takeout lunches and/or barista-made drinks, a rough estimate is you have a negative cash flow of $8-20 per day, $40-100 per week, $2080-5200 per year.   If you have daily smoothies, buy a blender.  If you have daily lattes buy an espresso maker.  I recently got myself a sodastream and it's been worth it.   Until you have a six figure portfolio, you aren't going to swing a comparable annual return differential based on asset allocation.


You cannot withdraw funds from a 401(k) while still employed with your company. To access your contributions, that would be treated as a loan against the 401(k), in which case you'd pay an upfront fee, and then have to repay the amount loaned, plus interest, over a set period of time. (In essence, you are paying back yourself.) Typically, there is also a minimum amount you must take out as a loan. Should you leave the job and still have an outstanding loan against your 401(k), it will be treated as a withdrawal after a certain date, at which point a 10% penalty plus taxes applies, unless you pay back the full amount of the loan remaining before that certain date. Your friends should seriously consider contributing the minimum amount necessary to get that full 50% matching amount. It's free money. As you said, it's like leaving money on the table.


Check your calculation of A**. I was able to duplicate their calculations using excel. Make you sure have accounted for all the terms, it can be easy to be one off. They are making a guess at the interest rate which will be wrong, then they are adjusting it to see how wrong it is, then making another adjustment. They will repeat until they see no movement in the guesses.


"Yes, the price of a stock is what investors think the value of a stock is, which is not tied to profits or dividends by any rigid formula. But to say that therefore the price could be high even though the company is doing very poorly is hypothetically true, but unlikely in practice. Consider any other product. There is no fixed formula for the value of a used car, either. If everyone agreed that a rusting, 20-year old car that doesn't run is worth $100,000, then that's what it would sell for. But that's a pretty big ""if"" at the beginning of that sentence.  If the car had been used in some hit TV show 20 years ago, or if it was owned by a celebrity, or some such special case, maybe a rusting old car really would sell for $100,000. Likewise, a stock might have a price higher than what one would predict from its dividends if some rich person wanted to buy that company because the brand name brings back nostalgic memories from his youth and so he drives the price up, etc. But the normal case is that, in the long term, the price of a stock tends to settle on a value proportional to the dividends that it pays. Or rather, and this is a big caveat, the dividends that investors expect it to pay in the future. And then adjusted for all sorts of other factors and special situations, like the value of the company if it was to be liquidated, etc."


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Not all futures contracts are deliverable.  Some futures are specified as cash settlement only. In the case of deliverable contracts, part of the specification of a futures contract will be the delivery locations.  As per my answer to your previous question, please see the CME Rulebook for details of delivery points for the deliverable futures contracts traded on CME, CBOT, NYMEX, and COMEX. Assuming your agreement with your broker allows you to exercise your right to take delivery, your broker will facilitate your delivery.  You will be required to pay the contracted amount (your buy price x contract size x number of lots), as well as a delivery fee, insurance, and warehousing fees.  In addition, your broker may charge you a fee for facilitating the delivery. You will be required to continue to pay insurance and warehousing fees so long as your holding of the underlying commodity is held in the exchange's designated warehouse. If you wish to take delivery yourself by having the commodity removed from the warehouse and delivered to you personally, then you will need to arrange this delivery yourself. Warehouse/delivery points obviously vary according the contract being exercised. See the CME Rulebook for available delivery points.  Some exchanges are more accommodating than others. The practicality of taking delivery very much depends on your personal circumstances.  An investment bank taking delivery of treasury bonds would be more practical than an individual investor taking delivery of treasury bonds.  This is because the individual investor would be required to deliver the bonds to a brokerage in order to sell them.  In the case of non-financial futures deliveries, it is hard to imagine any circumstance where an individual taking delivery would be practical.


"Invest in other currencies and assets that have ""real"" value. And personally I don't count gold as something of real value. Of course its used in the industry but besides that its a pretty useless metal and only worth something because everybody else thinks that everybody thinks its worth something. So I would buy land, houses, stocks, ..."


As long as your bank does not have any limits on the number of transactions per month you should be fine. The danger would be theft while you had the money before depositing into the new account. I would expect that your new credit union could do a wire transfer for you. It might cost you a few dollars but it would be safer and probably faster.


Name a African country that wasn't a once a colony of Great Britain, France, Belgium or Europe?   Or you forgetting the US and USSR using African nations as proxy combats during the cold war?   How much of the African nations send their resources to Western or technologically advanced nations?


You mention you have an LDD. If your income is below a certain threshold (as of today, 19 255 € a year for a single person; quite likely if you're just a student), then you can open a Livret d'épargne populaire (in short, LEP). It works almost exactly the same as a Livret A / LDD, except that: Just like a Livret A / LDD: You should fill it up first before putting money in your LDD (assuming your Livret Jeune is maxed out, they have typically a higher rate than the LEP). If your bank is anything like mine, the very existence of the LEP is not very well-advertised, and I found that not many people are even aware that they exist. PS: The French administration's website has a whole section dedicated to financial matters. It's usually very clear and detailed. I advise you to check it out.


I do believe it comes down to listing requirements.  That is getting very close to penny stock territory and typical delisting criteria.  I found this answer on Ivestopedia that speaks directly the question of stock price. Another thought is that if everyone were to do it, the rules would change.   The exchanges want to promote price appreciation.  Otherwise, everything trades in a tight band and there is little point to the whole endeavor.  Volatility is another issue that they are concerned about.  At such low stock prices, small changes in stock prices are huge percentage changes.  (As stated in that Ivestopedia answer, $0.10 swing in the price of a $1 stock is a 10% change.) Also, many fraudsters work in the area of penny stocks.  No company wants to be associated with that.