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15716 | "Think that was the point. In fact the blog even says it. Because terrible customer service experiences are more common than not these days, a good one - even an adequate one - stands out. And I don't think it resulted in ""I love the brand"". But it did result in the product and company remaining in the consumer's home (a form of marketing in itself)." |
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15728 | I trust the 401(k) was a traditional, pre tax account. There was no tax paid, and any withdrawals would be taxable. The account could go to zero, and there's no write off, sorry. I have to ask - were there any withdrawals along the way? What was it invested in that lost 90% of its value? Edit - I'm sorry the OP came and went. It would be great to have closure on some of these issues. Here, I'm thinking as Duff said, malpractice, or perhaps a 401(k) that was 100% in company stock. Seems we'll never know. |
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15729 | Those terms apply for businesses operating in the US, yes. The main takeaway should be to think of whether or not you need access to tons of capital, will have substantial risk of liability, or will operate with a partner. If the answer to all of these is no, you should use the structure which is most convenient/best for your taxes. I would look up sole proprietorships and see if that matches the definition of a sole trader. |
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15731 | In my experience buy-to-let mortgages charge a higher rate of interest than an personal residential mortgage. They are regarded as a business enterprise and presumably the banks calculate that they carry a higher risk. A bank would probably take action if the property on an ordinary mortgage was rented out, as you would be breaking their terms. Policies could be rendered void. The terms on an ordinary mortgage disallow renting out the property. |
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15772 | You will likely need to open an account in another EU country, like a broker operating out of France, Britain or Germany, to get the best options. If you are comfortable using an english language site and interface, I highly recommend Interactive Brokers as they let you trade in many markets simultaneously, have simple currency conversion, and great tools. But, they are geared toward active traders so you might be better with a more retail oriented broker if you are new to trading stocks. There are many options. Here is a list to start with: |
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15785 | Price doesn't mean anything. Price is simply total value (market capitalization) divided by number of shares. Make sure you consider historical dividends when hunting for big yields. It's very possible that the data you're pulling is only the annualized yield on the most recent dividend payment. Typically dividends are declared in dollar terms. The total amount of the dividend to be issued is then divided by the number of shares and paid out. Companies rarely (probably never but rarely to avoid the peanut gallery comments about the one company that does this) decide dividend payments based on some proportion of the stock price. Between company A and company B paying approximately the same historical yield, I'd look at both companies to make sure neither is circling the tank. If both look strong, I'd probably buy a bit of both. If one looks terrible buy the other one. Don't pick based on the price. |
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15788 | >Samsung’s revenue for the quarter was KRW 47.82 trillion, a decrease of KRW 3.87 trillion YOY >The company estimated that the stronger Korean won against major currencies in the third quarter negatively impacted operating profit by approximately KRW 700 billion, mostly on the components business side. Just so people know what is being remarked about here. |
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15792 | sure it is they are saving on distribution and paper costs so they pass the savings onto you with increased costs. so what it is a joy to read. thats also a little less than half the price of my cable. thats retarded. |
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15798 | I thought this was really thoughtful. Thanks for sharing. I work in SV and am pretty disturbed by the culture that is now starting to see the light of day. I'm glad the light is finally being shone on it. In my opinion, it is every bit as bad as it seems. |
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15800 | I am not sure whether this hold in all countries, but at least in the Netherlands my bank allows for investment in funds without charging transaction costs. The downside is that these funds charge an annual fee of about 1%, but for the amounts you are talking about this definitely sounds more attractive than the alternative. As an alternative, you could ofcourse just take care of the transaction costs. That way your child can see their funds develop as you put it into different stocks without being distracted by the details. Of course you feel the 'pain' but I believe the main lesson stands out most this way. |
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15824 | "The danger of overdrawing the account via the use of a debit card, and the exorbitant fees that can result make me hesitant to use a debit card. The ability to cover all the transactions with one payment is why I use a credit card for these ""debit"" transactions. Yes there is a risk of a late payment, but that can be easily avoided within the three week grace period. The ability to electronically transfer the money to pay off the card makes this even easier." |
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15825 | That's not helping your case. > WARNING This kit definitely contains dangerous things. While the xNT transponder device has undergone several quality checks during manufacture and has been put through a battery of tests with various private labs, it has not been tested or certified by any government regulatory agency for implantation or use inside the human body. Use of this device is strictly at your own risk. |
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15841 | I have worked for companies that have done this. One did have a match and the other did not. When they figured their profit at the end of the year a portion was given to the employees as a 401K deposit. retirement-topics-401k-and-profit-sharing-plan-contribution-limits Total annual contributions (annual additions) to all of your accounts in plans maintained by one employer (and any related employer) are limited. The limit applies to the total of: elective deferrals employer matching contributions employer nonelective contributions allocations of forfeitures The annual additions paid to a participant’s account cannot exceed the lesser of: 100% of the participant's compensation, or $54,000 ($60,000 including catch-up contributions) for 2017; $53,000 ($59,000 including catch-up contributions) for 2016. So as long as everything stays below that $54,000 limit you are good. In one case the decision was made by the company for the employee, the other company gave us the option of bonus check or 401K. I heard that most of the employees wanted the money in the 401K. |
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15844 | "Look for states that have no income tax. A lot of these states supplement their revenue with higher property taxes, but if you rent and do not own property in the state, then you will have no state tax liability. Similarly, many states treat capital gains no differently than income tax, so if you make your earnings due to a large nest egg, then way you will still incur no tax liability on the state level Look for ""unincorporated"" areas, as these are administrative divisions of states that do not have a municipal government, and as such do not collect local taxes. Look for economic development perks of the new jurisdiction. Many states have some kind of formal tax credit for people that start business or buy in certain areas, but MONEY TALKS and you can make an individual arrangement with any agency, municipality etc. If the secretary at city hall doesn't know about a prepackaged formal arrangement that is offered to citizens, then ask for the ""expedited development package"" which generally has a ""processing fee"" involved. This is something you make up ie. ""What is the processing fee for the expedited development package, quote on quote"" States like Maryland and Nevada have formalized this process, but you are generally paying off the Secretary of State for favorable treatment. You'll always be paying off someone." |
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15859 | "You may be missing how countries like Canada may have oil be more of the GDP than countries like the US. In Canada, the lower oil prices may mean more of an economic slowdown with oil companies laying off staff, canceling projects and some companies probably going under as some provinces like Alberta are highly dependent on oil prices to drive most of the economy. In contrast, the US isn't quite as rich in Energy sources and thus may not have the same issues would be my guess. Context matters here. If the rate change helps everybody, doesn't that include the oil producing companies? I'd like to think so using basic logic. What if the main reason for lowering rates was the economic fallout of the decrease in oil prices? Consider that the there would be the question of, ""Why do this now?"" that has to be answered and the only main change is lower oil prices on a macroeconomic level." |
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15891 | The guy is crazy, but I thought revoking was harsh. The secret service interviewed him after a recent facebook post about buying a strand of hillary clinton's hair for $5k from her booksigning so he could check her DNA like the one he has a copy of. If anything, he needs a padded cell not a max security prison cell. He's there until January now... |
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15908 | Enertec Windows is the best available option when it comes to double glazed windows. Whether you need them for your home, or even for a commercial property, we have all kind of window products that will suit every kind of need. |
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15917 | There are people whose strategy revolves around putting orders at the bid and ask and making money off people who cross the spread. If you put an order in between the current bid/ask, people running that type of strategy will usually pick it off, viewing it as a discount to the orders that they already have on the bid/ask. Often these people are trading by computer, so your limit order may get hit so quickly that it appears instantaneous to you. In reality, you were probably hit by a limit order placed specifically to fill against yours. |
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15921 | So? If the executives have mismanaged the company (and let's not pretend that's what's happening here -- Sears has been being systematically butchered for years at this point, so it's _worse_ than ineptitude), _why the fuck are the executives getting paid instead of existing obligations being at least partially funded_? If I go to work at a car wash and do such a shit job that I run half a dozen vehicles through the wash with all the windows rolled down, I'm probably not only getting fired, but I'm likely going to be on the hook for damages. Executives pretty much get away with anything that isn't literally criminal in a lot of these cases, and the fact that Sears has been getting parted out for _years_ makes it obvious that they knew full well that it'd be coming to this. |
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15927 | >Don't shakedown other less profitable industries to subsidize industries that are overflowing with cash. Maybe I'm missing something, but I don't see how that is at all the case with what is happening here. Their pay is in line with others in the industry. If you consider the cost of living where they are located, it is above average. If you are making an analogy such as a sports team that pays the industry average, ok, but I don't see the point. |
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15938 | "This is the best tl;dr I could make, [original](http://www.bradford-delong.com/2017/05/monday-smackdown-physics-professor-phil-price-the-nimbyist.html) reduced by 76%. (I'm a bot) ***** > Must-Read I disagree with Noah Smith: reading Phil Price convinced me that Phil Price is an idiot, that for many, many people NIMBYism is not a "Flawed but serious package of ideas" but rather "Simple ignorance"-or, perhaps, rather, very hard work to remain ignorant, in a way that is supportive of the "Selfishness of incumbent homeowners trying to feather their own nests... [and] white people trying to exclude poor minorities from their communities while still appearing liberal...". > Always remind people that the price of an apartment... doesn't come built into its walls and floors. > Acknowledge that induced demand is a real thing, and think seriously about how new housing supply within a city changes the location decisions of people not currently living in that city. ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejttl/monday_smackdown_physics_professor_phil_price_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~133580 tl;drs so far."") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **people**^#1 **apartment**^#2 **city**^#3 **think**^#4 **NIMBY**^#5" |
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15951 | "House prices do not go up. Land prices in countries with growing economies tend to go up. The price of the house on the land generally depreciates as it wears out. Houses require money; they are called money pits for a reason. You have to replace HVAC periodically, roofs, repairs, rot, foundation problems, leaks, electrical repair; and all of that just reduces the rate at which the house (not the land) loses value. To maintain value (of the house proper), you need to regularly rebuild parts of the house. People expect different things in Kitchens, bathrooms, dining rooms, doors, bedrooms today than they do in the past, and wear on flooring and fixtures accumulate over time. The price of land and is going to be highly determined by the current interest rates. Interest rates are currently near zero; if they go up by even a few percent, we can expect land prices to stop growing and start shrinking, even if the economy continues to grow. So the assumption that land+house prices go up is predicated on the last 35 years of constant rigorous economic growth mixed with interest rate decreases. This is a common illusion, that people assume the recent economic past is somehow the way things are ""naturally"". But we cannot decrease interest rates further, and rigorous economic growth is far from guaranteed. This is because people price land based on their carrying cost; the cost you have to spend out of your income to have ownership of it. And that is a function of interest rates. Throw in no longer expecting land values to constantly grow and second-order effects that boost land value also go away. Depending on the juristiction, a mortgage is a hugely leveraged investment. It is akin to taking 10,000$, borrowing 40,000$ and buying stock. If the stock goes up, you make almost 5x as much money; if it goes down, you lose 5x as much. And you owe a constant stream of money to service the debt on top of that. If you want to be risk free, work out how you'd deal with the value of your house dropping by 50% together with losing your job, getting a job paying half as much after a period of 6 months unemployment. The new job requires a 1.5 hour commute from your house. Interest rates going up to 12% and your mortgage is up for renewal (in 15 years - they climbed gradually over the time, say), optionally. That is a medium-bad situation (not a great depression scale problem), but is a realistic ""bad luck"" event that could happen to you. Not likely, but possible. Can you weather it? If so, the risk is within your bounds. Note that going bankrupt may be a reasonable plan to such a bit of bad luck. However, note that had you not purchased the house, you wouldn't be bankrupt in that situation. It is reasonably likely that house prices will, after you spend ~3% of the construction cost of the house per year, pay the mortgage on the land+house, grow at a rate sufficient to offset the cost of renting and generate an economically reasonable level of profit. It is not a risk-free investment. If someone tries to sell you a risk-free investment, they are almost certainly wrong." |
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15972 | From an Indian tax point of view, this transaction is not taxable to you or your father. |
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15988 | "If your fiancée took a title loan out on your truck you won't be able to trade it in for another vehicle until you pay the loan. The dealer will likely take your ""slightly newer"" truck back because you won't be able to produce the title for the trade until the other debt is settled. Title loans are a terrible idea. You should probably try to pay that loan off as quickly as possible regardless, because interest rates are terrible on these loans. I will update this answer if you add details about the circumstances of the current loan on your truck." |
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15994 | Legitimate, yes. However, cosidering the fact that Chinese working conditions are often far from ideal to begin with, that even though the salaries are increasing considerably, the majority of people would never pay extra for fair trade. Organic , big city people with higher living standards, yes quite possibly considering the food safety issues. Majority, no way, too expensive. Any business idea based on fair trade in China is nothing but wishful thinking in my humble opinion. |
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16003 | Cute little bookstores? I didn't know you had such contempt for them. I guess you've never been to one in your life other than to buy a sugary drink. Joke's on you, it's those drinks and the huge ass they've made in you what now has you strapped to your smelly sweaty chair clicking that filthy mouse with your clammy hands. |
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16009 | I think people would probably buy it more if the brand didn't have so much negative buzz... It's like, someone recently asked me why I bought a BB (hadn't I heard how much financial mess they were in?), and I had to explain that despite the company's poor stock performance, the keyboard still works just as great as ever, and I still really like the interface (personal preference). The company may appear to be sinking, but even worst case I think there's a few years left in them. |
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16013 | "I personally found the ""For Dummies"" books, on property investment, very helpful and a great primer. I found them unbiased and very informative, laying out the basic principles. Depending on your knowledge it can provide you with enough of a foundation to have an informed conversation with banks/real estates etc. Watch the markets for a while (at least 6 months) to know what prices vendors will be expecting and rents tenants will be expecting, most property magazines will also contain a suburb summary in the back. When you get closer to purchase make sure to ask your bank for the RP Data reports on the properties you are looking at, the banks will typically provide these for free. I also set out some points for myself which I made clear for myself at the beginning: This might provide a good starting point and really narrow down your research options as generic research on property investment can be overwhelming. I ended up with a 3 Bedder in western Sydney that has so far happily paid for itself. Building a good relationship with real estate agents and attending lots of open homes/auctions and talking to other investors can only help. I was once told if you attend free property investment seminars you will always learn at least one new thing (be it statistics, methodologies, finance options etc ), with that in mind always keep a level head, leave your wallet at home and don't sign up to anything. At the end of the day keep a cool head, don't stop reading and rush nothing." |
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16014 | I don't see it happening (a north african airport hub). Whilst I commend your cynicism on this day of enforced gorging on bullshit (Merry Christmas), at some point 'doing the right thing with the right intentions' will trump short-termism and finding loopholes. |
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16032 | "Congratulations on your graduation and salary. You are in a great career field (I know from experience.) As a background, I would feel pretty confident in your salary as demand for SE is pretty high right now. During my career there were times that demand was pretty to very low. Somehow I survived 2001 & 2002, but 2003 was a pretty rough year for me. Here is what I would do if I were you. Paying off the smallest loans first gives you some great ""wind in the sails"", and encourages you to keep going. I really like this approach despite being not the most mathematically efficient. I'd reduce my car loan payment back to $200/mo. and put that as the last one to pay off. With the tax refund, and any money left over, I pay off the student loans smallest to largest. I would also consider reducing your savings to something around the 1K->2k range, and use that to pay down debt. If you use your tax refund, and some of the savings you'd have like 34K left to pay off. Could you do that in like 14 months? I think you could depending on your other expenses. No more than 18 months, and if you really worked hard and picked up some work on the side maybe a year. That is what I would do." |
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16051 | The formula for determining the number of payments (months) you'll need to make on your loan is: where i=monthly interest rate (annual rate / 12), A=loan amount (principal), and P=monthly payment. To determine the total interest that you will pay, you can use the following formula: where P=monthly payment, N=number of payments (from above formula), and A=loan amount (principal). A quick example: using the numbers in the screenshot above ($10,000 loan, $500 monthly payment, 10% APR), the number of payments ends up to be 21.97 (which means that payment number 22 is slightly less than the rest). In the second formula, you take that number times your $500 payment and determine that you have paid $10,984.81 over the course of the entire loan period. Subtracting the principal, you have paid $984.81 in total interest. On your spreadsheet, the function you are looking for is NPER: NPER(rate, payment_amount, present_value, [future_value, end_or_beginning]) rate - The interest rate. (This should be the monthly rate, or the annual rate divided by 12.) payment_amount - The amount of each payment made. (For a loan payment, this should be a negative number.) present_value - The current value of the annuity. (The initial principal of the loan) future_value - [ OPTIONAL ] - The future value remaining after the final payment has been made. (This should be 0, the default if omitted.) end_or_beginning - [ OPTIONAL - 0 by default ] - Whether payments are due at the end (0) or beginning (1) of each period. |
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16067 | > You could also interpret these actions as satisfying consumer wants, instead of as some sort of conspiracy. Except that the want didn't exist before the product/company was introduced. > If you, as an individual decided to pawn of responsibility for for purchases on other people, you'd be seen as ridiculous, and rightly so. This is a core difference between the political left and right. The right believes we are autonomous and our decisions are our own. The left believes we and the choices we make are strongly shaped by our environment. The older I get them more I realize the right is wrong on this one. > Exactly how much better than everyone else do you think you are? *chuckles* Ad hominem much? I am often amazed how easy it is to manipulate me. |
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16068 | I have not opened any NRE/NRO account before coming to Finland. This is in violation of Foreign Exchange Management Act. Please get this regularized ASAP. All your savings account need to be converted to NRO. Shall I transfer funds from abroad to both NRE and NRO account or I can transfer only to NRE account in India? You can transfer to NRE or NRO. It is advisable to transfer into NRE as funds from here can be repatriated out of India without any paperwork. Funds from NRO account need paperwork to move out of India. I am a regular tax payer in abroad. The Funds which i'll transfer in future will attract any additional tax in India? As your status is Non Resident and the income is during that period, there is no tax applicable in India on this. Few Mutual Fund SIPs (monthly basis) are linked with my existing saving account in india. Do these SIPs will stop when the savings account will turn into NRO account? Shall I need to submit any documents for KYC compliance? If yes, to whom I should submit these? is there any possibility to submit it Online? Check your Bank / Mutual Fund company. Couple of FDs are also opened online and linked with this existing saving account. Do the maturity amount(s) subject to TDS or any tax implication such as 30.9% as this account will be turned into NRO account till that time and NRO account attracts this higher tax percentage. These are subject to taxes in India. This will be as per standard tax brackets. Which account (NRE/NRO) is better for paying EMIs for Home Loan, SIPs of Mutual Funds, utility bills in India, transfer money to relative's account etc Home Loan would be better from NRE account as if you sell the house, the EMI paid can be credited into NRE account and you can transfer this out of India without much paperwork. Same for SIP's. For other it doesn't really matter as it is an expense. Is there any charge to transfer fund from NRE to NRO account if both account maintain in same Bank same branch. Generally No. Check with your bank. Which Bank account's (NRE/NRO) debit/ATM card should be used in Abroad in case of emergency. Check with your bank. NRE funds are more easy. NRO there will be limits and reporting. Do my other savings accounts, maintained in different Banks, also need to be converted into NRO account? If yes, how can it be done from Abroad? Yes. ASAP. Quite a few leading banks allow you to do this if you are not present. Check you bank for guidance. |
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16078 | In our website you will find a great variety of strollers for your baby: Strollers, Strollers 2 pieces, Strollers 3 pieces, Strollers Twin. Strollers, light chairs, second-rate, umbrella type, folding, Uppababy Vista Stroller and many there are 1000 ways to call them. The most important characteristics when choosing the purchase of the stroller are weight, size, folding, reclining and great practicality, so, as the baby grows, the stroller becomes a essential item for our daily life. |
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16081 | 1.45 and 1.40 are the last trade prices. The last trade (1.45) for the 27 strike call must have occurred earlier than the last trade (1.40) for the 26 strike call. These options have low liquidity and don't trade very often. You have to look at the bid and ask prices to see what people are currently bidding and asking for those options. As you can see, the premium based on the bids and asks does decrease the further you go out of the money. |
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16090 | A currency that is strong right now is one that is expensive for you to buy. The perfect one would be a currency that is weak now but will get stronger; the worst currency is one that is strong today and gets weak. If a currency stays unchanged it doesn't matter whether it is weak or strong today as long as it doesn't get weaker / stronger. (While this advice is correct, it is useless for investing since you don't know which currencies will get weaker / stronger in the future). Investing in your own currency means less risk. Your local prices are usually not affected by currency change. If you safe for retirement and want to retire in a foreign country, you might consider in that country's currency. |
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16096 | That’s your opinion, nicer is all in the eye of the beholder. Again, I could barely pick out milwaukee on a map but it’s the rumor here. And yes, wages are certainly a concern for Amazon. All companies evaluate employment costs and workforce competitiveness. |
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16121 | Is that even a question? Congress can't pass shit, just look at the boarder crisis... Which leaves only the executive and judicial branches to pass law... and the way that works is the NLRB passes new rules and the judicial branch decides if they are legal or not. And to your dictatorship point, for fucks sake, the current administration has been far more passive with their executive powers than most administrations... its just extremest GOP tarts who don't believe in science or rational thinking that using that claim to rally their base... I mean a war on whites, the things that come out of these peoples mouths. |
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16165 | Well I'm glad Congress is focusing on the important part of this. Not consumer access to credit reports or fraud protection or liability limitation for consumers, but let's protect the idiots who were sitting in the corner lighting their own farts while the bank was being robbed. |
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16169 | What sounddude said, mortgage servicing companies do not get to unilaterally change the terms of a mortgage. Although I'm inclined to guess it was a simple coding error on BOA's part (wrong processing box got checked when mortgage was acquired) that was never caught, in which case BOA *should* be falling all over themselves to fix the situation (on their dime). If they don't fix it in a hurry, then I'd hope they get their head handed to them in court in a hurry. |
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16175 | "The best strategy for RSU's, specifically, is to sell them as they vest. Usually, vesting is not all in one day, but rather spread over a period of time, which assures that you won't sell in one extremely unfortunate day when the stock dipped. For regular investments, there are two strategies I personally would follow: Sell when you need. If you need to cash out - cash out. Rebalance - if you need to rebalance your portfolio (i.e.: not cash out, but reallocate investments or move investment from one company to another) - do it periodically on schedule. For example, every 13 months (in the US, where the long term cap. gains tax rates kick in after 1 year of holding) - rebalance. You wouldn't care about specific price drops on that day, because they also affect the new investments. Speculative strategies trying to ""sell high buy low"" usually bring to the opposite results: you end up selling low and buying high. But if you want to try and do that - you'll have to get way more technical than just ""dollar cost averaging"" or similar strategies. Most people don't have neither time nor the knowledge for that, and even those who do rarely can beat the market (and never can, in the long run)." |
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16187 | The business and investment would be shown on separate parts of the tax return. (An exception to this is where an investment is related and part of your business, such as futures trading on business products) On the business side of it, you would show the transfer to the stocks as a draw from the business, the amount transferred would then be the cost base of the investment. For taxes, you only have to report gains or losses on investments. |
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16188 | "The problem is, who is going to be left holding the coins when the market is over? That's one of the things that really turns me away from cryptocurrency. The idea of a decentralized currency, I really love. But I can't help but feel they are all basically Ponzi schemes. People invent new types of cryptocurrency (like Ethereum) and the creators have the first chance to mine the coins with zero competition since no one else knows it's a currency yet. After they mine several million coins, they publicize the new currency and a bunch of short term investors buy into it and hoard up the coins because they are into it for short term gains. The price of this sexy new cryptocurrency spikes with all this interest, and then when the price is high the big early investors dump their coins on the ""casuals"" who frequent cryptocurrency forums. These users all proclaim how it's so much safer than the dollar and this particular cryptocurrency is better than the other cryptocurrencies so they buy into it... and meanwhile some hot new startup just spun up some even newer cryptocurrency and is mining it while investors hype it up... There are over a dozen cryptocurrencies now, how many were hyped up as the next big thing with news headlines like this? How many tens of millions of dollars of hard earned savings were taken from cryptocurrency supporters who wanted a safe alternative to fiat currencies? It's just sad really, half these currencies are just exploiting people's fear of fiat currency and basically using that fear to scam them." |
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16195 | Apart from investing in their own infrastructure, profits can be spent purchasing other companies, (Mergers and Acquisitions) investing in other securities, and frankly whatever they please. The idea here is that publicly traded companies have a fiduciary duty to their shareholders to make as much money as they can with the resources (including cash, but including so much more than that) available to the company. It happens that the majority of huge companies eventually stopped growing and figured out that they weren't good at making money outside their core discipline and started giving the money back through dividends, but that norm has been eroded by tech companies that have figured out how to keep growing and driving up share prices even after they become giants. Shareholders will pressure management to issue dividends if share prices don't keep going up, but until the growth slows down, most investors hang on and don't rock the boat. |
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16197 | Aside from the fact that you could now get spam calls and mailings, nothing negative at all. With your account number, anyone can send you money (which you probably wouldn't mind), but otherwise, no access is possible. In Germany, every company and many people publish their account number, so they can receive payment. Every invoice contains address, phone number, and account numbers of the company that bills you, so you are able to send them money to pay the invoice. Nobody can access the money or details of your account with only the name and number; it needs your online login user id and password, or your (government issued) ID to do so. You don't need to worry at all. |
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16210 | As operations at a large bank I find I'm there longer than most of the BU. I certainly envy them. Your day is very compressed, but at the end of the day you can go workout/see your kids game/and get a good nights rest. Comparatively I know some people on equity research and they are on a 8am-8pm schedule. |
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16229 | Not really an answer, but too long for a comment: Since anyone can create their own cryptocurrency (see http://www.bitclone.net/) the value of new cryptocurrencies is very small. According to https://bleutrade.com/exchange/MINT/USD for example, 100,000 mintcoins is worth less than $1. Even if they give you 20% interest, that interest is on mintcoins, not dollars. If the mintcoin rates falls by more than 20%, you would've been better off withdrawing your mintcoins immediately. Check to see how much they pay for various tasks and compare it to the current exchange rate. Realize the exchange rate may go down as more mintcoins are created. |
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16230 | Yeah, fuck those hippies, making you shop at stores you don't want to and buy products you don't want to. Tip 1: grab from the back for perishables. Tip 2: pretty sure they'll do a refund or exchange on about anything for about any reason. Never tried it, though I have also been burned by early mold. |
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16257 | I see exponentially fewer ads than I did in the 80s and 90s. I never watch tv, only streaming with no ads. I'm all over the internet but all my devices block ads. I also now live in a place with no billboards, so all that crap is gone from my life as well. |
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16270 | In Houston, Texas USA where I went to a private high school they had a half-semester class in personal finance, but it was optional and didn't give you any credits towards graduation. You are right though, it should be a standard class. After all, who doesn't need that information in their adult lives, and not everyone goes to college. |
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16277 | The only time the utilization percentage makes a difference is when the data is being pulled for a credit check. During the months leading up to the loan application through the settlement date of the loan keeping this percentage low makes sense. The number reported is the current value of the ratio not an average. You can pre-fund the credit card but don't go overboard. If you keep a negative balance (lets say they owe you $100) for a few months they may decide to send you a check for the balance they owe you. |
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16278 | I have questions for you - As the others have stated, now really isn't the time to do anything to turn short term liquidity into long term investments. I'll contradict that only for matched 401(k) deposits. The answers to these questions will prompt more/better responses. |
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16292 | I asked a friend and he gave me a good explanation, so I'm just gonna paste it here for others: There is a simple and a complex answer depending on how much you want to understand the pricing dynamic of options. LEAPs don't react 1:1 with a stock move because the probability of your option being in the money at expiry is still very much up in the air so you basically don't get full credit for a move in the stock this far out from expiry. The more complex answer involves a discussion of option 'greeks'. Delta, Gamma, Theta, Vega, and Rho are variables that affect the pricing of all options. The key greek in this case is Delta because it describes mathematically the expected move of an option as a ratio vs changes in stock price. For put options the ratio is -1 to 0 where -1 is direct correlation between stock price and option price and 0 is no correlation. The Delta increases as an option gets deeper in the money and also as it gets closer to expiry and reflects the probability of the option expiring in the money. For your option contract the current Delta is -0.5673 so -3.38 * -0.5673 = 1.9 which is close. Also keep in mind that that strike price had a last trade at 12:03 when the stock was at 13.3 and the current ask price is 22.30 so the last price isn't a true reflection of the market value. As for the other greeks, Gamma is a reflection of volatility in the sense that it affects the rate of change of Delta as price and time changes. Theta is the value of the time component of the option and is expressed as the expected time decay per day. The problem is that the time premium is really some arbitrary number that the market maker seems to be able to change at will without justification and it can fluctuate wildly over short periods of time and I think this may explain some of the discrepancy. If you bought the options when AAPL was $118.68 a couple weeks ago (option price of $18.85) and now AAPL is at $112.34 and the Delta over that time averaged at -0.55 then your expected option price would be $22.34 (($118.68 - $112.34) * 0.55 + 18.85 = $22.34) so you lost around $0.24 in time premium or 'Theta burn' over the last 2 weeks assuming it opens trading around 22.1 on Monday. Your broker should have information about the option contract greeks somewhere. For my platform I have to put the cursor over top of the option contract for it to show me the greeks. If your broker doesn't have this then you can get it from nasdaq.com. This is another reason that I only invest in deep in the money LEAPs because the time premium is much much lower than near the money and also because delta is much higher so if I want to trade out of it early I don't feel like I'm getting ripped off not getting paid for a stock price move. For example look at the Jan 17 175 put. The Delta is -0.9 and the time premium is only $0-1 depending if you are looking at the bid or ask. The only downside is expected returns are lower for deep in the money contracts and they are expensive to buy. |
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16301 | Your Crochet is your one stop destination for finding free crochet patterns Amigurumi. It is easy and you can learn them with our free patterns. Amigurumi is a Japanese crocheting technique of creating fun and beautiful stuffed animals using yarns. You can also use this technique to create people and animated objects using yarn as well. If you have vivid imagination and creative inclination then Amigurumi crocheting is for you. |
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16306 | A quick search showed me that UEP merged into Ameren on Dec 31, 1997, and Ameren still exists today. So I took a look at Ameren's Investor Relations website. Unfortunately, they don't provide historical stock prices prior to Ameren forming, so starting with 1998. However, I've had good luck in the past emailing a company's investor relations contact and asking for data like this that isn't on the website. It's reasonably likely they'll have internal records they could look it up within. |
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16322 | "OHHHHH so you just lumped me into a category without knowing my history. You see. I voted and supported Obama his first term. I gave him benefit of the doubt on his second but half way in to the second term k started to lose my faith in him. You knew that though right? I was advocating for unity and getting money out of politics in 2008. Where were You? ""When they go low we go.....low also?"" So your goal is to play the game the GOP played and you so vehemently hated?...." |
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16348 | When I traveled to Germany, I found it was much better to get cash at ATMs and use credit cards. The exchange rate was better than exchanging dollars for Euros at an exchange center. Just make sure you have enough cash to get from the airport to whereever your are traveling. The airport exchange rates were terrible. |
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16353 | Target, the 2nd largest discount chain announced that it will stop offering Amazon's e-reader Kindle because of a «conflict of interest» while Barnes & Noble and Apple devices will continue to be offered. According to Molly Snyder, Target spokesperson, the decision to drop Kindle e-readers starting this spring came after a review of the retailer's merchandise, which consisted of evaluations on prices and quality of their products. However, Norton Medical and Scientific Research & Biotechnology got a hold of an internal memo regarding the removal of Amazon hardware (Kindle) from Target stores starting this month and while some accessories are to remain in stock, shipments of the tablet will stop beginning on May 13. Before the Minneapolis-based retailer started offering Kindles in June 2010, Amazon only sold the tablet on its own website. But after recognizing the need of customers to see the products in person before buying, Amazon approached Target for some sort of partnership, followed by WalMart, Best Buy and Staples. Even though most of the Kindle items are being sold at Amazon, Target's 1,800 stores nationwide have made it one of the biggest Kindle retailers in the physical world. In fact, Target has announced after last year's Thanksgiving that the Kindle was the bestselling tablet in its stores. Target's move is perhaps due to the fact that Apple products are being promoted prominently in the store. But Snyder declined to say more but «We will continue to offer our guests a full assortment of e-readers and supporting accessories» regarding the apparent partnership with Apple. According to a statement from the retailer, the «very tight alignment» of Kindle with the online store Amazon, their direct competitor, explains the conflicting interest presented as the reason. Target's decision to drop Kindle might also be a boycott to manufacturers' using their brick and mortar stores to as a showroom of products. This often happens as customers go to retailers like Target in order to personally check out an item and then buy the item online for a cheaper price. In fact, Target has already appealed to vendors for aid in developing exclusive products and rivaling prices online. «What we aren't willing to do is let online-only retailers use our brick-and-mortar stores as a showroom for their products and undercut our prices,» said a Target in a statement. The absence of Kindle from Target stores is not likely to stop Amazon customers from visiting Target for other products but Norton Medical and Scientific Research & Biotechnology said the move will definitely send a message to Amazon. |
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16379 | Either approach will put a strain on your friendship, unless you are willing to treat it as a gift which may or may not be returned rather than a loan. I agree that paying it direct to the dealer (or giving her a check that is made out to the dealer) avoids the risk of the money getting sidetracked. |
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16388 | I recommend saving for retirement first to leverage compound interest over a long time horizon. The historical real return on the stock market has been about 7%. Assuming returns stay at 7% in the future (big assumption, but don't have any better numbers to go off of), then $8,000 saved today will be worth $119,795 in 40 years (1.07^40*8000). Having a sizable retirement portfolio will give you peace of mind as you progress through life and make other expenditures. If you buy assets that pay you money and appreciate, you will be in a better financial position than if you buy assets that require significant cash outflows (i.e. property taxes, interest you pay to the bank, etc.) or assets that ultimately depreciate to zero (a car). As a young person, you are well positioned to pay yourself (not the bank or the car dealership) and leverage compound interest over a long time horizon. |
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16392 | "This is the best tl;dr I could make, [original](http://www.cbsnews.com/news/could-illinois-be-the-first-state-to-file-for-bankruptcy/) reduced by 90%. (I'm a bot) ***** > A financial crunch is spiraling into a serious problem for Illinois lawmakers, prompting some observers to wonder if the state might make history by becoming the first to go bankrupt. > At the moment, it's impossible for a state to file for bankruptcy protection, which is only afforded to counties and municipalities like Detroit. > As for Illinois, Rauner on Thursday called state legislators to a 10-day special session starting next week to hammer out a budget deal and end an unprecedented impasse that could soon enter a third year. ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hq2wx/could_obamas_illinois_be_the_first_state_to_file/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~146184 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **state**^#1 **pension**^#2 **Illinois**^#3 **year**^#4 **bankruptcy**^#5" |
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16394 | Among all other competitive courses, most of the aspiring students choose business administration courses to reach the pinnacle of success. It is a known fact that associate degree gives a strong foundation to get you started in various fields such as sales, human resources, retail and hospitality management, and marketing. |
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16407 | The only thing I noticed in the article was that he was complaining about the gridlock in DC. It isn't helping that DC is consumed by the Russian scandal and the only major change the GOP is focused seems to be wiping out health care for the poor and middle class in exchange for a tax break for billionaires. Of course that is getting stuck. Plus the Muslim ban and EPA edicts are kind of one pager decisions that break existing laws. They are clearly created by people who don't understand how laws and the government works. The administration were to change laws they don't like rather than just vomit out random administrative orders. Of course those get stuck in the court system. Frankly, I don't want to see the GOP succeed with any of those initiatives as they are only deliberating between bad and terrible changes for the country. When a government is fucked, gridlock is a good thing. |
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16426 | "As an American who just came back from spending two years in a developing country, uniformed statements like this really annoy me. Say what you will about the state of the American economy and political system, but the United States has one of the finest road systems the world. Our roads are wide, well-paved, and graced with lines that tell traffic exactly where it should be and what it should be doing at all times. When there are potholes, they are the exception, not the rule. I just spent the last two years in a poor country with narrow, horrible, and often unpaved roads. When a road was paved, it often was more pothole than pavement. Sometimes, you would come across a little island of asphalt in a sea of mud that would let you know that at some point in the past the road had been paved. Before somebody calls the American road system ""third world,"" perhaps they should spend a little time living in the actual third world." |
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16432 | These scenarios discuss the period to 2025. They assess the deep uncertainty that is paralysing decision-taking. They identify the roots of this as the failure of the social model on which the West has operated since the 1920s. Related and pending problems imply that this situation is not recoverable without major change: for example, pensions shortfalls are greater in real terms that entire expenditure on World War II, and health care and age support will treble that. Due to the prolonged recession, competition will impact complex industries earlier than expected. Social responses which seek job protection, the maintenance of welfare and also support in old age will tear at the social fabric of the industrial world. There are ways to meet this, implying a major change in approach, and a characteristic way in which to fail to respond to it in time, creating a dangerous and unstable world. The need for such change will alter the social and commercial environment very considerably. The absence of such change will alter it even more. The summary is available [here](http://www.chforum.org/scenario2012/paper-4-6.shtml) or at the foot of the link given in the header. The much richer paper is [here](http://www.chforum.org/scenario2012/paper-4-1.shtml). These scenarios are the latest in a series in a project that dates back to 1995. Over a hundred people participated from every continent, over a six month period. The working documents are available on the web. |
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16449 | Thank you for pointing out one of the biggest flaws of that argument. To add to your points: Even if they used simple savings accounts for all their money (poor idea), the banks can still lend it as business/home loans... The money doesn't just site there. |
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16452 | Yes, and you get those benefits by having ECDSA end-entity (leaf) certs. The root and intermediate don't really matter; they (well, usually just the EE and intermediate) are simply sent along with the client certificate and the client does the calculations to verify the signature. Let's Encrypt has supported ECDSA leaf certs for some time. ECDSA roots and intermediates are still nice, but they mostly decrease the size of the certificate chain and lower the initial connection time a little bit. |
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16456 | Sorry, but I am absolutely correct. Fractional reserve lending (banking) is simply that when someone deposits money into a bank, the bank is allowed to loan that money out, so long as they keep a reserve. If the reserve rate is 10% (it's much lower in reality), and someone deposits $100 into the bank, the bank can then loan out $90. That is fractional reserve lending at its most basics. Now fractional reserve lending does have a multiplier effect. And this effect is exactly how I described it. Let's go back to the example. Person A deposits the $100, the bank then loans $90 to person B, person B spends it with person C, person C takes the money and deposits back to the bank. Now the bank has the $100 cash back, $90 in loans and the $190 in deposits, so they need to hold onto $19 as a reserve and can loan out $81. Assuming the money cycles with 100% efficiency, the bank can continue loaning out the same money until they are left with $1000 in deposits, $900 in loans, and the original $100 is the reserve. This is the multiplier effect. |
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16462 | > I thought we could have a friendly conversation, but it seems like this went out the window; Honestly, please stop crying. If my original sin was not suffering fools well, then yours was wading into a conversation representing yourself as knowledgeable on the subject (and dismissive of the authors, who are demonstrably knowledgable). >The author is just a sheltered university teacher that does not seem to know what reality looks like, and you seem to protect him which speaks volume about you as well. Again, one of the authors is the long-time manager of the Yale endowment, possibly one of the most famous and best-performing in the world. He has literally pioneered an entire approach to investment management. *What have you done?* |
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16466 | I fell into a similar situation as you. I spent a lot of time trying to understand this, and the instructions leave a lot to be desired. What follows is my ultimate decisions, and my rationale. My taxes have already been filed, so I will let you know if I get audited! 1.) So in cases like this I try to understand the intent. In this case section III is trying to understand if pre-tax money was added to your HSA that you were not entitled too. As you describe, this does not apply to you. I would think you should be ok not including section III (I didn't.) HOWEVER, I am not a tax-lawyer or even a lawyer! 2.) I do not believe these are medical distributions From the 8889 doc.... Qualified HSA distribution. This is a distribution from a health flexible spending arrangement (FSA) or health reimbursement arrangement (HRA) that is contributed by your employer directly to your HSA. This is a one-time distribution from any of these arrangements. The distribution is treated as a rollover contribution to the HSA and is subject to the testing period rules shown below. See Pub. 969 for more information. So I don't think you have anything to report here. 3.) As you have no excess this line can just be zero. 4.) From the 8889 doc This is a distribution from your traditional IRA or Roth IRA to your HSA in a direct trustee-to-trustee transfer. Again, I don't think this applies to you so you can enter zero. 5.) This one is the easiest. You can always get this money tax free if you use it for qualified medical expenses. From the 8889 Distributions from an HSA used exclusively to pay qualified medical expenses of the account beneficiary, spouse, or dependents are excludable from gross income. (See the line 15 instructions for information on medical expenses of dependents not claimed on your return.) You can receive distributions from an HSA even if you are not currently eligible to have contributions made to the HSA. However, any part of a distribution not used to pay qualified medical expenses is includible in gross income and is subject to an additional 20% tax unless an exception applies. I hope this helps! |
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16491 | "This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-global-markets/feds-great-unwinding-lifts-dollar-china-rating-gets-the-chop-idUSKCN1BW03Z?il=0) reduced by 83%. (I'm a bot) ***** > NEW YORK - The U.S. Treasury yield curve flattened to a two-and-a half month low and key world stock markets fell on Thursday, as investors assessed indications from the U.S. Federal Reserve that it may raise interest rates a third time this year. > U.S. stocks pulled back from their all-time highs, though bank stocks cheered the prospect of higher interest rates which should help their profits. > China's markets were already closed by the time it came but it kept the pressure on emerging markets stocks. ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/71lga0/feds_great_unwinding_lifts_dollar_china_rating/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~214093 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **percent**^#1 **market**^#2 **rate**^#3 **U.S.**^#4 **more**^#5" |
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16507 | You can’t say low buildings are popular if constructing tall ones is illegal, it doesn’t make sense. Unless you’re a civil engineer, you’re not qualified to speak on whether or not it would be a good idea to build taller buildings in NZ. If supply is artificially restricted, prices will rise. That’s econ 101. It’s the same reason prices are out of control in San Francisco. |
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16510 | "I'm not the OP, but I'm happy to give a brief overview. Basically, pre-JOBS act there were a lot of limits on who could make an equity investment in a non-public company (i.e. a startup or even a hedge fund). There were some loopholes, but basically you had to be an 'accredited investor'. An accredited investor was someone who either has made $200,000+ ($300,000+ for married people) for the past two years and expects to make that much again in the current year. Alternately, they could have a net worth of $1 million, excluding the value of their primary residence. There was also a limit of 500 investors for a non-public company before the company had to become public (they didn't really have to IPO, but they did have to file their financials with the SEC, so the effect was basically the same). Finally, non-public companies were prohibited from seeking investment through advertising basically. They couldn't take out an ad in a paper or event send a mass email and say, ""Hey, we're looking to raise a $1 million funding round, contact us if you're interested!"" Okay, now after the JOBS Act. The JOBS Act changed a) the number and type of investors who could make equity investments in a non-public company b) the regulation of advertising for investments. Post-JOBS private companies could have 2,000 shareholders and 500 of those could be unaccredited (e.g. regular people like you and I). The change in the number of shareholders isn't really that important because it's just shareholders of record, but that's another post for another day. There are still some requirements for unaccredited shareholder, which I don't remember off the top of my head. I think you have to have income of at least $40k. They also changed the solicitation ban, so it's possible that you might see an ad in the WSJ someday for a startup company, venture capital fund, hedge fund, etc. There are some other things it changed, but IMO those are the two most important." |
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16531 | Looking at the SPY option chain you posted, all of the call options with a strike price of 199.50 or higher have a bid of N/A. That's because the ask price for all of those options is 0.01, and the bid price has to be less than the ask price, but buyers are not allowed to bid 0.00. It's not accurate to say that no one wants to buy those calls - anyone who wanted to buy one of those calls would just buy it at the ask price of 0.01. So why are people selling those calls for just 0.01? The further out of the money you go as you get closer to expiration, the less likely the underlying stock or ETF (SPY in this case) will go over the strike price, and the less you can sell it for. SPY closed yesterday at about 195, and it would have to go up almost 2.5% today for the 199.50 calls to be in the money, and a 2.5% move in one day is extremely unlikely. |
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16543 | Here's the issue with LTC and, really, underwritten insurance in general; no one has a crystal ball. Based on today's available rates where's the sweet spot to buy LTC? Probably right around the mid-60s, because you probably won't pay much in before you start gutting the carrier (assuming you can make it through underwriting in your mid-60s). The issue is, what happens when some life event changes your underwriting status? Would you rather buy prematurely or be excluded entirely? Those are generally your two options when it comes to individual LTC. The underwriting eligibility window on LTC is very narrow. There's a very very small space between the best possible underwriting and being flatly declined. Look for an LTC agent in your area. Likely someone in your circle of friends and family will know a reputable/knowledgeable insurance agent who can run up some quotes at various underwriting classes. Try to avoid looking at quotes for your age + 10 years to see what the quote will look like 10 years from now. 10 years from now the rate tables will be significantly different. Whether or not you should buy LTC now rather than waiting will depend on a whole host of other criteria. Personally, if I was 50 and my biggest health concern was improving my run time and LTC is on my mind, I'd just pick up a policy now while I will likely be in a preferred underwriting class rather than waiting and hoping my health doesn't betray me. Obviously I'm a stranger on the internet and none of this is actual advice. You should find an agent local to you and talk about your options and situation. |
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16548 | "I thought I'd see if the credit card companies had anything to say about this while trying to get merchants to sign up. I went to visa.com, clicked ""Run Your Business"" in the top nav, then ""Accept Visa Payments"". This page has a ""More benefits of accepting Visa"" link with an overlay (which I can't easily link directly to), which includes these lines: While the average cash transaction is $17, credit card purchases average $70 while debit card purchases average $36.² ² Visa Payment Panel Study (2Q11 to 1Q12 time period); Visa MARS Data: March 2015 – May 2015 That obviously doesn't tell the entire story (I suspect people are more likely to pull out cash when they're just buying a stick of gum, and more more likely to pull out a card when they're buying large electronics), but certainly there is some evidence from the credit card companies themselves that people spend more when using cards, which is one of the aspects they use to convince merchants to accept cards. I think the best evidence that people spend more is that more and more merchants accept cards. Accepting cards comes with some significant costs (though it's important to keep in mind that accepting cash can come with some significant costs as well). I suspect that merchants wouldn't do so unless the increased sales that they get for accepting cards makes up for the fees that they need to pay and the equipment they need to buy to accept them (not to mention the risks of chargebacks and the like)." |
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16559 | When you need cash fast, Denton Auto title loans can help you with a bad credit car loan that puts money in your pocket within a short period of time. The company offers easy basic steps for car title loan approval. |
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16562 | As a thought experiment I suppose we can ask where dividends came from and what would be different if they never existed. The VOC or Dutch East India Companywas the first to IPO, sell shares and also have a dividend. There had been trade entrepot before the VOC, the bulk cog (type of sea-going ship) trade in the Hanseatic League, but the VOC innovation was to pool capital to build giant spice freighters - more expensive than a merchant partnership could likely finance (and stand to lose at sea) on their own but more efficient than the cogs and focused on a trade good with more value. The Dutch Republic became rich by this capital formed to pursue high value trade. Without dividends this wouldn't have been an innovation in seventeenth century Europe and enterprises would be only as large as say the contemporary merchant family networks of Venice could finance. So there could be large partnerships, family businesses and debt financed ventures but no corporations as such. |
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16563 | "Your lack of numbers makes the question a difficult read. What I'm hearing is ""I want a house requiring a mortgage 8X my income."" This alone is enough to suggest it's a bad deal. On a personal note, when my wife and I bought our house, it was 2.5X our income. 20% down, so the mortgage was exactly 2X income. And my wife was convinced we were in over our heads. The use of a partner who will take a portion of the profit is interesting, but doesn't change the fact that you are proposing to live in a house that costs far too much for you. If you are determined to buy such a house, I'd suggest you do it with the plan to rent out a room or two to roommates. If you are living in an area where the cost of buying is so high, the demand for rentals is likely high as well. Absent a plan to bring ion more income, I see no good coming from this. Heed the warnings posted in the other two answers as well." |
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16576 | With eSalesData working for you, your sales teams will be positioned to reach out to architects and architectural executives across the globe. Each of our lists passes through a rigid system of verification and cross-referencing immediately prior to delivery. As committed to client satisfaction as we are to data hygiene, we at eSalesData pledge to replace any and all purchased records that are found to be obsolete or inaccurate. |
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16580 | There's no point in posting something if no one can read it. I'm not paying for a subscription to something just because some guy posted it on reddit. Mirror, copy-paste, or link to a free article. If you're going to post here under the pretense of delivering me information, then deliver me information. |
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16585 | Credit cards always charge for withdrawing cash, because if they didn't then you could have an indefinite loan and pay no interest simply by withdrawing enough cash each month to pay off the previous month's bill before the due date. It's nothing to do with using an ATM -- they'll charge you for getting a cash advance over the counter as well. |
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16586 | this post offers valuable information we can all use when scouting for frequent flyer credit cards. let's all support this post of my friend, sean travis, by reading and sharing it to all our friends and followers in different social networking sites. |
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16589 | Via twitter? He'd have to have signed something and, based on the context of the discussion, it didn't appear they had any agreement whatsoever. Yes, if a contract exists between them, NDA or otherwise, the circumstances can be altered by the contract, but that's not the context of OP. |
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16596 | ">I was refreshing when he did it, so I saw him downvote me in real time. So you are watching his computer screen? As that is the only way you can see such a thing. For all you know it could been someone else who saw your comment and downvoted it. More so it could been very well reddit's spam filtering, as it will sometimes auto downvote comments as a counter measure on the up and down votes. >Anyway, I suspect that FatStig is your alter account anyway, so you're essentially just a little contrarian who doesn't contribute to the discussion. Do you like making up bullshit claims or something? I only have this account and no I am not defending them. I am more mocking you if you will over getting all upset over being downvoted. >this is way harsher than I wanted to be with you If you think how you being with me is harsh then you got to be the nice ""harshest"" person ever." |
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16602 | Congress sets the budget, not the President. In 1981, the [97th Congress](https://en.wikipedia.org/wiki/97th_United_States_Congress) had a Democratic House and a Republican Senate. In 1990, the [101st Congress](https://en.wikipedia.org/wiki/101st_United_States_Congress) had a Democratic majority in both the House and the Senate. In 2001, the [107th Congress](https://en.wikipedia.org/wiki/107th_United_States_Congress) had a Republican majority in the House, and a Democratic majority in the Senate, albeit for a period where the Republicans had tie-breaking ability in the Senate. Of these three, for only part of the 107th did the Republicans control Congress as a whole. There may be criticism of the GOP on spending, but it's not based on the graph shown. |
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16606 | "Given the state of the economy, and the potential of a rough near future for us recent grads (i.e. on/off work), I would recommend holding off on large purchases while your life is in flux. This includes both a NEW car and purchasing a house. My short answer is: you need a reliable vehicle, so purchase a used car, from a major dealer (yes this will add a fairly high premium, but easier financing), that is 4-5 years old, or more. Barring the major dealer purchase, be sure to get a mechanic to check out a vehicle, many will offer this service for a reasonable payment. As people point out, cars these days will run for another 100k miles. You will NOT have to pay anywhere near $27,000 for this vehicle. You may need to leverage your 10k for a loan if you choose to finance, but it should not be a problem, especially as you seem to imply an established credit history. In addition to this, start saving your money for the house you would like to eventually get. We have no idea where you live, but, picking rough numbers, assuming a 2 year buy period, 20% down, and a $250,000 home, the down payment alone will require you to save ~$2,000/month starting now. Barring either of these options, max out your money to tax sheltered accounts (your Roth IRA, work 401k, or a regular IRA) asap. Obviously, do not deplete your emergency fund, if anything, increase it. 10k can be burned through in a heartbeat. Long Answer: I purchased a brand new car, right out of school, at a reasonable interest rate. Like you, I can afford this vehicle, however, if someone were to come to me today (3.5 years later) and offer me the opportunity to take it back and purchase a 4-5 year used vehicle, at a 4-5 year used car price, albeit at a much higher interest rate (since I financed), it would be about a 0.02 second decision. I like my car, but, I'd like the differential cash savings between it and a reliable used car more. $27,000 is also fairly expensive for a new vehicle, there are many, very nice vehicles, for 21-23k. I still would not consider these priced appropriate to spend your money on them, but they exist. However, you do very much need a reliable vehicle, and I think you should get one. On the home front, your $400 all inclusive rent is insanely cheap. Many people spend more than that on property tax and PMI each year, so anyone who throws the ""You're throwing money away!"" line at you is blowing smoke to justify their own home purchase. Take the money you would have spent on a mortgage, and squirrel it away. Do your own due diligence and research the home market in your area and decide for yourself if you think home prices have bottomed and will stay there, have further to go, or are going to begin to rise. That is a decision only you can make for yourself. I'd add a section about getting expenses under control, but you said you could save 50% of your takehome pay. This is an order of magnitude above the average. Good job. Try doing 50% for 4 months, then calculate your actual amount. Then try to beat it." |
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16626 | "Here's a number-crunching example of how the ""Zero interest rate"" offer is misleading. Suppose the offer is that a car ""costs $24,000.00 with zero percent financing over 24 months"" or as an alternative, ""$3,000.00 off for cash"". Ignore the hype: the quoted prices and the quoted interest rates. Look at what really happens to two people who take advantage of the two offers, One person hands over $21,000.00 cash, and leaves with the new car. The second promises to make 24 payments of $1000.00, one a month, starting in one month's time, and also leaves with the same make and model new car. The two people have received exactly the same benefit, so the two payment schemes must have the same value. A mortgage program will tell you that paying off a $21,000.00 loan by making 24 monthly payments of $1000.00 requires an interest rate of 1.10% a month, or an effective annual rate of 14.03%." |
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16646 | "The complacency, apathy, and ignorance of the majority of Americans is the only reason the economic inequality in America was ever able to reach such devastating proportions. The business culture in this country is ruining average quality of life, and I fundamentally do not believe that you are okay with that. And if you are, then you're just adding to the problem by either being sympathetic towards a delusion or an active apologist for greed, and thus put yourself in the category of people to be on the receiving end of that ""fuck you""." |
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16661 | "Before the IARC listed RoundUp as a probable carcinogen, all other agencies and research were unable to find a link between RoundUp and cancer. Now we learn that the IARC ignored evidence that RoundUp doesn't cause cancer that was done by one of their own scientists. I'm not a fan of Monsanto's business practices, but when you ignore scientific evidence because it doesn't match what you ""feel"" about the company and their products, then you are no different than a climate change denier. http://www.motherjones.com/environment/2017/06/monsanto-roundup-glyphosate-cancer-who/" |
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16670 | "This is what is called ""weasel words"". They're trying to put some authority into their ad, but since they don't have any - they're putting meaningless words that sound important. Monetary policy is the state/central bank policy to control the supply of the available currency. Cannot think of a way to connect it to private investments." |
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16681 | .. No If I can make a job offer for $7 per hour and people apply.. Why would I ever pay more? I'm not forcing people to apply. They want the job. If $7 an hour is good enough for the workers who apply, then it's good enough for me. Why pay more when I can pay less? I'll need to hire people soon for packing and shipping and you bet I'll be paying the state minimum wage because I know I'll have people applying to work. |
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16682 | I think the point is that there is something structurally wrong with a company if it has billable orders a year and a half out, for a super -premium priced product, and it still can't make money. It's like, what is the turning point we are waiting for? I don't know that startup apologies are applicable when you have an 18-month lead time for six-figure cars. You can't claim that you're still trying to build a customer base with that kind of wait list. You can't talk about economies of scale, not when you can't even service your existing customers, especially not with this kind of product. If an 18-month waitlist of customers ready and eager to pay the super-premium asking price is not enough to break even, what would be? |
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16685 | I think if there were evidence that the company was overvalued there would be a rather large correction. The muted response is nothing more than a sigh of relief from the market. The task that Tesla has to complete to maintain its valuation is staggering. |
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16699 | "Sorry to say it this blunt, but you really have no idea about his true nature. You know what others wrote or said about him. Not him personally. I think this whole debate is rather moronic. We have a lot of hearsay about all the ""bad"" things Jobs did. Think about your own life. Think about how people who don't like you could easily describe your actions as evil. Not even by lying, just by leaving out certain parts. I don't know if Jobs was an asshole or a nice guy. And I don't give a shit. Why would I? I think this debate is mostly about linkbait and fanboys going at each other. (""My hero is the best!"", ""No, your hero is evil!"") Please don't drag this idiotic debate here." |
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16714 | See, unlike you, I know the general ordinances regarding taxis in my area backwards and forwards because I worked in the industry for eight years. It is utterly clear that Uber/Lyft are taxis in that they transport people for payment. The only exceptions are hotel airport shuttles, and buses that fall under another classification. |
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16733 | "I have always found that the ""free"" planners are just salesmen pointing you in their best interests. Not that it won't get you a good deal in the processes, but, in my experience, they usually just recommend products that give them the best commission, finders fee, kickback, whatever. Flat fee financial planners are not really to my liking either. This is a taste thing, but generally, I feel like now that they have my fee, what interest do they have in taking care of me. That doesn't mean that they don't give good advise however. They may be a good first step. Percentage based financial planners, those that charge a percentage of assets under management, are my recommendation. The more money they make me the more money they make. This seems to work out quite well. Whatever you do, you need to be aware that financial planners are not just about recommending products, or saving money. That's part of it, but a good planner will also help you look at monthly budgets, current costs, liabilities, and investments. You want to look for someone that you can basically tell your goal to - ""I want to have x amount of money saved for y date,"" for example, or ""I want to reduce my bills by z amount in x months"". Run from any planner that looks only at the large sum as the ""solution"" or only source of money. You want a planner that will look at your first house mortgage(s), care loans, income, other investments, etc. and come up with a full plan for everything. If you're only trying to invest the new house money, and that's it, you're better off just sticking with Google and some research on your own." |
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16745 | It depends on the terms of the mortgage. Generally speaking, residential mortgages specifically prohibit letting out a property without the bank's express permission -- but as you say, that tends to assume that the whole property is being let, not just a part of it. Conversely, buy-to-let mortgages generally prohibit living in the property yourself! The final arbiter as to what is allowed under a mortgage is the mortgage provider; so the safest option is to speak to one or more banks, and see what they say. (Note that if you're changing the use of part of a property from business to residential, you may need to apply for permission; check with your local council.) |
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16747 | "The previous answers make valid points regarding the risks, and why you can't reasonably compare trading for profit/loss to a roll of the die. This answer looks at the math instead. Your assumption: I have an equal probability to make a profit or a loss. Is incorrect, for the reasons stated in other answers. However, the answer to your question: Can I also assume that probabilistically speaking, a trader cannot do worst than random? Is ""yes"". But only because the question is flawed. Consequently it's throwing people in all directions with their answers. But quite simply, in a truly random environment the worst case scenario, no matter how improbable, is that you lose over and over again until you have nothing left. This can happen in sequential rolls of the dice AND in trading securities/bonds/whatever. You could guess wrong for every roll of the die AND all of your stock picks could become worthless. Both outcomes result in $0 (assuming you do not gamble with credit). Tell me, which $0 is ""worse""? Given the infinite number of plays that ""random"" implies, the chance of losing your entire bankroll exists in both scenarios, and that is enough by itself to make neither option ""worse"" than the other. Of course, the opposite is also true. You could only pick winners, with an unlimited upside potential, but again that could happen with either dice rolls or stock picks. It's just highly improbable. my chances cannot be worse than random and if my trading system has an edge that is greater than the percentage of the transaction that is transaction cost, then I am probabilistically likely to make a profit? Nope. This is where it all falls apart. Just because your chances of losing it all are similarly improbable, does not make you more likely to win with one method or the other. Regression to the mean, when given infinite, truly random outcomes, makes it impossible to ""have an edge"". Also, ""probabilistically"" isn't a word, but ""probably"" is." |
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16751 | Putting Chris's comment as an answer: It's your income, not your spouse's income. You can give her the money, but you'll still be paying tax on it To elaborate more - the general principle of income taxation is that income is taxed when received, and specific expenditures can be deducted. If you giving the money to your spouse is not one of this specific deductibles - then it is not deductible. Your income, nevertheless, is still taxed to you - as you're the one to receive it. |