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595050 | > Most people don't understand HF as investment vehicles. They are meant to be market neutral and focused on absolute returns. Good point. I bet a lot of managers are explaining that to their clients quite a bit right now haha. |
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595090 | If you have complicated taxes (own a business, many houses, you are self employed, you are a contractor, etc etc) a person can make the most of your situation. If you are a w-2 single job, maybe with a family, the programs are going to be so close to spot on that the extra fees aren't worth it. I would never bother using HR Block or Liberty or those tax places that pop up. Use the software, or in my state sometimes municipalities put on tax help days at the library to assist in filling out the forms. If you have tough taxes, get a dedicated professional based on at least a few recommendations. |
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595092 | Whether looking to launch a new campaign or welcome a new agency into the mix, knowing how to write an effective marketing brief is essential. Therefore, the team and I at Agency Scouts have put together a brilliant infographic outlining the 8 essential elements of a marketing brief. Enjoy! |
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595098 | "http://www.npr.org/2012/04/24/151305380/student-loan-debt-exceeds-one-trillion-dollars http://online.wsj.com/article/SB10001424052702303812904577295930047604846.html Funny, this is from more than a month ago, and from reputable news sources. Is someone behind the curve? It didn't seem like the entire article was about student loans, so much as a ""state of the economy"" with an emphasis on student loans." |
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595121 | There are penalties for failure to file and penalties for failure to pay tax. The penalties for both are based on the amount of tax due. So you would owe % penalties of zero, otherwise meaning no penalties at all. The IRS on late 1040 penalties: Here are eight important points about penalties for filing or paying late. A failure-to-file penalty may apply if you did not file by the tax filing deadline. A failure-to-pay penalty may apply if you did not pay all of the taxes you owe by the tax filing deadline. The failure-to-file penalty is generally more than the failure-to-pay penalty. You should file your tax return on time each year, even if you’re not able to pay all the taxes you owe by the due date. You can reduce additional interest and penalties by paying as much as you can with your tax return. You should explore other payment options such as getting a loan or making an installment agreement to make payments. The IRS will work with you. The penalty for filing late is normally 5 percent of the unpaid taxes for each month or part of a month that a tax return is late. That penalty starts accruing the day after the tax filing due date and will not exceed 25 percent of your unpaid taxes. If you do not pay your taxes by the tax deadline, you normally will face a failure-to-pay penalty of ½ of 1 percent of your unpaid taxes. That penalty applies for each month or part of a month after the due date and starts accruing the day after the tax-filing due date. If you timely requested an extension of time to file your individual income tax return and paid at least 90 percent of the taxes you owe with your request, you may not face a failure-to-pay penalty. However, you must pay any remaining balance by the extended due date. If both the 5 percent failure-to-file penalty and the ½ percent failure-to-pay penalties apply in any month, the maximum penalty that you’ll pay for both is 5 percent. If you file your return more than 60 days after the due date or extended due date, the minimum penalty is the smaller of $135 or 100 percent of the unpaid tax. You will not have to pay a late-filing or late-payment penalty if you can show reasonable cause for not filing or paying on time. If the IRS owes you a refund, April 15 isn't much of a deadline. I suppose the real deadline is April 15, three years later - that's when the IRS keeps your refund and it becomes property of the Treasury. Of course, there's little reason to wait that long. Don't let the Treasury get all your interest. |
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595122 | They're also expected to have an above average level of physical fitness, a certain skill level, and a willingness to literally die at a moments notice for their job. Can you say the same about yours or any job that pays at the median? |
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595131 | I have traveled to SE Asia several times, am from East Asia, and go to school in America. I didn't really notice a lot of difference in airport security. If anything it's travelers into America who are most heavily inspected. |
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595133 | I had better healthcare when I had a full time job and the company provided it until ACA came around and the company changed the majority of full time positions to part time. Now I have two part time jobs and ACA healthcare with a high premium and insanely high deductible. Is that supposed to be good? |
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595152 | I had my car seized last year and I was charged thousands and had a ton of hardships and almost lost my car and was without it for 2 months due to this. Also they didn't tell me what I was being charged. When I fell behind my car insurance, Wells Fargo automatically started charging me without notifying me. Also what pissed me off was they never told me about the charges when I went into the bank to pay my car note every month. I paid my car note in person every month and I ASKED them every month what my payment was and they never once told me about any additional charges. That's what pissed me off. The fact that I walked into the bank every month, made my payment, and NO ONE informed me of any additional charges. Every month I walked in, verified my payment, and paid in full. I was livid when I received a phone call months later that I owed thousands and when I asked if I could set up a payment plan because I couldn't pay all at once, I was threatened and insulted. Then a week or so later my car is missing from in front of my house and I began the long tedious process of getting it back. It totally fucked up my finances and mental health. I hate Wells Fargo. So fucking shady. This stuff really affects real people. |
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595153 | Roderick (Rod) Kagy, a successful executive in Fortune 100 organizations, entrepreneurial start-ups, and leader in business management has a long history of humanitarian advocacy. Being a specialist Rod was well recognized as professional in research administration and business turnaround across the world. |
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595167 | ">Performance measurement in something like a manufacturing job, or cashier, or fry cook is fairly easy to measure. You rather obviously just don't have much experience with the actual working world of ""jobs"" outside of academia. IOW, your ignorant arrogance is showing. Dial it back." |
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595171 | There are rules that prevent two of the reactive measures you suggest from occurring. First, on the date of and shortly following an IPO, there is no stock available to borrow for shorting. Second, there are no put options available for purchase. At least, none that are listed, of the sort you probably have in mind. In fact, within a day or two of the LinkedIn IPO, most (all?) of the active equity traders I know were bemoaning the fact that they couldn't yet do exactly what you described i.e. buying puts, or finding shares to sell short. There was a great deal of conviction that LinkedIn shares were overpriced, but scant means available to translate that market assessment into an influence of market value. This does not mean that the Efficient Markets Hypothesis is deficient. Equilibrium is reached quickly enough, once the market is able to clear as usual. |
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595176 | "What does everyone think of the impact of passive dollar cost index investing pumping money into shares regardless of value? Everywhere you look, people are saying ""just keep buying and don't look at the price as you can't time the market anyway"". This makes sense but also makes me wonder how his is impacting prices." |
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595187 | This is the exact reason I don't live in an expensive city. I turned down a job offer in DC paying 60k right out of school because I could get a similar salary in the midwest and pay about half as much in living expenses. --Sent from a 2 bedroom apartment in an urban area with included laundry facilities for $750/month. |
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595191 | "This is the best tl;dr I could make, [original](http://economictimes.indiatimes.com/news/politics-and-nation/indian-farmers-need-the-fundamental-economics-of-agriculture-to-be-fixed/articleshow/59195732.cms) reduced by 92%. (I'm a bot) ***** > Farmer associations are demanding the implementation of distress formula proposed by agriculture scientist MS Swaminathan and the National Commission on Farmers: minimum support price that is the cost of production plus 50%. Kakkaji even wants adjustment for inflation. > "If there is a shortage in a commodity that could lead to price rise and better returns for the farmers, that would be countered in the integrated e-market because people will opt to bu y at lower prices elsewhere. > Pace Wisdom director Bharath Jatangi told ET Magazine: "Imagine if the government can predict the exact tonnes of production of all crops, tell farmers about fertile and nonfertile lands and insure accordingly so that there would be zero crop loss? We are able to do that by using algorithms that combine satellite imagery with weather and location data and correlate the outputs with economic datasets. ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hyzdf/farmers_what_indian_farmers_really_need_a_total/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~147113 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*: **farm**^#1 **price**^#2 **crop**^#3 **waive**^#4 **agriculture**^#5" |
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595200 | "business I want to invest in real estate (buy and hold, rent out), which i've already done a bunch of research on it. i figure i'll only need about 4k to begin because of the 3.5% down and i'll live in one unit and rent the others. i also want to start my own business, but that's a little further down on the list I think i went to college in the first place because I felt I had to because all my friends did and that's what you're ""supposed"" to do" |
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595211 | Its different because, at least with both stock options and futures, the product is going to eventually get that money. The difference is that you don't have to spend that money directly on that product right now, allowing you to invest far more then you can afford since you are going to cover that option or sell that contract long before you are ever going to be on hook for actually buying all those stocks or barrels of oil you were trading. It's actually a good way for a middle class investor to become really wealthy, because if he is good all he needs is to save only about 10,000 to invest and he can invest like he's investing 100,000. Obviously there's more risk too, but give and take i guess. |
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595213 | "This is the best tl;dr I could make, [original](https://www.theatlantic.com/business/archive/2017/05/so-where-are-all-those-robots/528666/?single_page=true) reduced by 93%. (I'm a bot) ***** > Most people agree that if automation were replacing workers, there would be an enormous productivity boom coinciding with massive job losses or a long period of miserably low wage-growth. > In an economy where automation is rendering humans obsolete in huge swaths of the economy, one would expect to see entire occupation categories getting wiped out, as people go unemployed or take jobs in other sectors. > First, there is only so much that one can say about the future of work from studying an economy many years into an expansion, since the most wrenching changes to the job force almost always occur during recessions. ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6fm5wy/where_are_all_the_robots/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~137783 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*: **job**^#1 **economy**^#2 **automation**^#3 **technology**^#4 **more**^#5" |
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595261 | You can get direct market access (DMA) but you have to pay for data, as this is part of the exchanges data plan, and there are plenty of other fees that are passed straight down to you. Your clearing firm also has fees that are passed on to you. In general you are looking at $150 a month on the low side, in data and software fees. If you wanted pure access, NASDAQ alone charges $6,000 a month last I checked. The different routes data routes to the exchange all have different rules, and they give you rebates for some kinds of orders in some conditions. Brokers nowadays usually assume this responsibility (including collecting the rebates lol), at the very least, and charge an average price for routing your orders, a price that fits into their business plan and their target audience. Hope that helps. |
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595275 | There are a few startups that have robots making the pizza. The only thing a human is used for is distributing the toppings evenly (that's being ironed out too), and refilling the pizza sauce and cheese containers. So it's not complete bs. Burgers, breakfast foods, pizzas and other things are being made by robots as we speak |
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595287 | I wouldn't be too concerned, yet. You're young. Many young people are living longer in the family home. See this Guardian article: Young adults delay leaving family home. You're in good company. Yet, there will come a time when you ought to get your own place, either for your own sanity or your parents' sanity. You should be preparing for that and building up your savings. Since you've got an income, you should – if you're not already – put away some of that money regularly. Every time you get paid, make a point of depositing a portion of your income into a savings or investment account. Look up the popular strategy called Pay Yourself First. Since you still live at home, it's possible you're a little more loose with spending money than you should be – at least, I've found that to be the case with some friends who lived at home as young adults. So, perhaps pretend you're on your own. What would your rent be if you had to find a place of your own? If, say, £600 instead of the £200 you're currently paying, then you should reduce your spending to the point where you can save at least £400 per month. Follow a budget. With respect to your car, it's great you recognize your mistake. We're human and we can learn from our mistakes. Plan to make it your one and only car mistake. I made one too. With respect to your credit card debt, it's not an insurmountable amount. Focus on getting rid of that debt soon and then focus on staying out of debt. The effective way to use credit cards is to never carry a balance – i.e. pay it off in full each month. If you can't do that, you're likely overspending. Also, look at what pensions your employer might offer. If they offer matching contributions, contribute at least as much to maximize the tax free extra pay this equates to. If you have access to a defined benefit plan, join it as soon as you are eligible. Last, I think it's important to recognize that at age 23 you're just starting out. Much of your career income earning potential is ahead of you. Strive to be the best at what you do, get promotions, and increase your income. Meanwhile, continue to save a good portion of what you earn. With discipline, you'll get where you want to be. |
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595293 | Something doesn't have to be defective to return it to Walmart. You can return it for any reason. This let's you buy something and if it doesn't work out for any reason, return it. I end up doing this at Walmart for all kinds of reasons. You can't do this with Amazon. If you try to return something to Amazon that isn't defective they will want you to pay the shipping. |
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595298 | "Sure, stocks don't pay interest. I just looked up the word ""compound"" in a couple of dictionaries and the relevant definition in all of them just mentioned interest and not growth in the value of stock. So it may be technically inaccurate to talk about ""compound growth"" of a stock. I'll yield to someone more knowledgeable about the technical language of finance to answer that part. But regardless of whether the word strictly applies, the concept certainly does. Suppose you put $1000 into a mutual fund and the fund grows by 10%. You now have $1100. The next year the fund grows by 15%. So you gain 15% of what? Of your original $1000? No, of your present balance, $1100. The effect is the same as compound interest. There is the fundamental difference that interest is normally a fixed rate: you get such-and-such percent a year as spelled out in a contract. But change in the value of a stock depends on many factors, none of them guaranteed." |
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595306 | "Just for clarification, my perspective on education background is from a front office associate at a BB that interacts with the traders and analysts at other BB's and HF's daily.... many of whom have become good friends. Take it for what you will. It's not my role to tell you which is right for you but I can definitely give an honest perspective of which is far more common. > There were 11,620 people who passed L3 last year Doesn't take into account the number of these that were already MBA holders (quite a larger percent as MBA has become less competitive and a CFA is required to demonstrate the quantitative capacity of a MBA holder). This is a huge factor in the skew of your numbers as MBA's have become dime a dozen, MBA holders are now being expected to hold a MS or get a CFA to establish that their quantitative skills are qualified for working on modern day wall st front office roles. > and became charter holders Wrong. Passing L3 doesn't automatically make you a charterholder. You need the 48 months of approved experience in portfolio management, investment analysis, or market research. These roles are becoming more and more exclusive to target graduates and mba holders so the likelihood of a CFA charterholder already having a MBA is actually increasing. > Now lets just take the top 25 MBA programs, that'd be 460 people/class graduating to reach this number. Actual numbers are MUCH lower than this. Clearly you don't realize the graduate enrollment levels at target schools. Lets take a look at full time enrollment (meaning 1/2 graduates each year) for the top 10 for finance: * Wharton: 1,669 * UChi: 1,160 * NYU: 784 * Columbia: 1,264 * MIT: 804 * Stanford: 803 * Harvard: 1,808 * UC Berkley: 492 * UCLA: 750 * Northwestern: 1,201 That's averaging 536 graduates/year per school at the top 10 schools for finance. To argue that there are no graduates from UNC, Duke, CMU, USC, Emory, Cornell, Georgetown, Dartmouth, Yale, IU, Rice, Vanderbuilt, etc on Wall St would be ignorance in its purest form. > Trust me, I'm a big fan of the CFA, You might be a fan but clearly you don't know much about the exam.... keep reading and you'll see why > but I know some really dumb people who are charter holders because they learned to memorize a test. Memorize a test? You can def argue that for L1... Not for L2 or L3. There's a reason there's such a collective failure amongst candidates that pass 1 and move on to L2 and L3. L2 requires critical scenario understanding of the concepts more than the formulas itself. It tests your ability to understand complex and unique FRA (such as repatriated foreign exhange delta's on cash flows)... Not just memorizing a formula and regurgitating. L3 is even more removed from just formulas as requiring detailed essay responses. 3 hour section with 10-15 multipart essay questions?... yeah sounds like formula memorizing. /s > These same people would never get admitted to a top 10, no less 25 MBA program. This is an irrelevant point. There are plenty of top 10 and top 25 mba program grad's that wouldn't pass the CFA either. Both emphasize different skillsets. Front office wall st is becoming more and more geared towards MS holders and CFA charters... many MBA's holders and MBA programs lack the quantitative focus to take these roles and are being denied. >One thing I will give you, there are WAY too many MBAs in general (partially because of all the part-time, night-time, executive ones)... But an MBA is very different then a CFA in that its banded by school and category. Absolutely. That reinforces my entire point that MBA's are dime a dozen. What are we arguing about again?... MBA's are very different than a CFA in that even within target schools, they each emphasize on entirely different skills. MIT Finance mba grads are far more likely to possess strong quantitative than say a Harvard MBA. The reason is that the CFA is a standard qualification that focuses entirely on quantitative capacity.... it is like a MS in the sense that its a mile deep and a foot wide whereas MBA's are a foot deep and a mile wide. > Everyone with a CFA has the same CFA; however, a Wharton degrees sure carries a lot more clout than a UMD one... You're right. But a CFA isn't meant to be comparable and interchangeable with a Wharton degree. The CFA's closest comparison is a MS in quantitative/computational finance. So if you're trying to say CFA is less valuable than a MBA it's apples and oranges. You never will see a job require a MBA or CFA... the CFA will always be listed on a job role as ""preferred MS/CFA"". Try comparing CFA against a MS from Columbia or Carnegie Mellon MSCF grad and you might have valid results." |
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595309 | Depending on the student loan, this may be improper usage of the funds. I know the federal loans I received years ago were to be used for education related expenses only. I would imagine most, if not all, student loans would have the same restrictions. Bonus Answer: You must have earned income to contribute to an IRA (e.g. money received from working (see IRS Publication 590 for details)). So, if your earmarked money is coming from savings only, then you would not be eligible to contribute. As far as whether you can designate student loans for the educational expenses and then used earned income for an IRA I would imagine that is fine. However, I have not found any documentation to support my assumption. |
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595317 | "From April 2017 the plan is that there is now also going to be a ""Lifetime ISA"" (in addition to the Help to Buy ISA). Assuming those plans do not change, they government will give 25% after each year until you are 50, and the maximum you can put in per year will be £4000. Catches: You can only take the money out for certain ""life events"", currently: Buying a house below £450000 anywhere in the country (not just London). Passing 60 years of age. If you take it out before or for another reason, you lose the government bonus plus 5%, ie. it currently looks like you will be left with 95% of the total of the money you paid in. You cannot use the bonus payments from this one together with bonus payments from a Help to Buy ISA to buy a home. However you can transfer an existing Help to Buy ISA into this one come 2017. While you are not asking about pensions, it is worth mentioning for other readers that while 25% interest per year sounds great, if you use it for pension purposes, consider that this is after tax, so if you pay mostly 20% tax on your income the difference is not that big (and if your employer matches your contributions up to a point, then it may not be worth it). If you pay a significant amount of tax at 40% or higher, then it may not make sense for pension purposes. Tax bands and the ""rates"" on this ISA may change, of course. On the other hand, if you intend to use the money for a house/flat purchase in 2 or more years' time, then it would seem like a good option. For you specifically: This ""only"" covers £4000 per year, ie. not the full amount you talked about, but it is likely a good idea for you to spread things out anyway. That way, if one thing turns out to be not as good as other alternatives it has less impact - it is less likely that all your schemes will turn out to be bad luck. Within the M25 the £450000 limit may restrict you to a small house or flat in 5-10 years time. Again, prices may stall as they seem barely sustainable now. But it is hard to predict (measures like this may help push them upwards :) ). On the plus side, you could then still use the money for pension although I have a hard time seeing governments not adjusting this sort of account between now and your 60th birthday. Like pension funds, there is an element of luck/gambling involved and I think a good strategy is to spread things if you can." |
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595332 | ArcelorMittal is the parent company in Luxembourg; ArcelorMittal USA is the LLC subsidiary that operates in north america. Since the subsidiary is a private company, I can't tell you what their financials actually look like, but from the parent company earnings conference comments; business is down in north america. The profit-sharing agreement is quite likely with the USA subsidiary and not directly to the parent company. |
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595336 | "> 10 Filthy-Rich, Tax-Dodging Hypocrites Pushing Disastrous Austerity on America – The Fix the Debt coalition is using the so-called ""fiscal cliff"" to push the same old corporate agenda of more tax breaks while shifting the burden on to the rest of us. That kind of rhetoric helps no one. Also, doesn't this belong in /r/politics?" |
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595349 | Diversify, diversify, diversify. Gold, USD, Swiss Franc and one thing that hasn't really been mentioned yet: equities. Yes, they may go down if the recession gets worse but at the end of the day you have a claim to a company. That's a physical asset. It's also a hedge against inflation/devaluation just like foreign currencies and precious metals. Make sure that you invest in companies that actually produce something that will always be needed though. I.e. Siemens, Novartis, Caterpillar etc. NOT the Zyngas and Facebooks of the world! |
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595376 | Party bus rentals will give the alternative of satellite TV for your amusement needs. Encompass sound stereo are added to get high caliber in sound. For immovability, class and style, Boulder party buses are outstanding decision and it will give you everlasting voyaging background. |
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595383 | It sort of sounds like you want to contradictory things: (1) to fix your credit so you will be able to get loans and (2) to have more money available to spend now. It sounds like the latter is probably not possible. Not without getting into a worse situation than you are currently in (based on what you have written the next step is payday loans and the like, which is basically financial suicide). Fixing your credit is simple. It's just not fun. Cut your spending. Cut it way, way, way down. You will certainly have to change your lifestyle. I'd suggest taking a second job. Make the minimum payment on everything, then put all your extra money toward the most pressing things: I would focus on the former. As you pay down your debt your utilization will go down, and this will raise your score automatically. When you pay off your highest interest rate debt, don't change your spending. Instead put everything you were putting to that to the next highest debt you have. Continue until your highest interest rate loan is at or below the mortgage rate. When you get to this point you will notice that your credit score is vastly better and you are no longer spending all your money on interest. You will probably be in a position to buy a home. And you will have the satisfaction of knowing you did it yourself, rather than having a bankruptcy judge force you to change your lifestyle. A note on the items in collections: make sure they are all legit. If any are wrong, it is pretty straightforward to contest them with the credit bureaus and get them taken off. Things in collections will drop your score severely. |
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595391 | "And people want ""Guaranteed Basic Living Income"" for the poor. LOL!!!!!! Once elderly can live off social security alone, we can then talk about ""basic income"". P/S: by the time I retire, I doubt I will get anything form SS... so I don't even count on SS when saving for retirement." |
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595409 | I agree 100% with that and management should consider that however, generally speaking, when it comes to these very low skill jobs, there is going to be someone else out there that is capable of doing the job just as well that is willing to do it for minimum wage |
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595414 | Facebook is going down hill as a site. It's constantly cluttered with ads on the news feed, and now videos. The comment sections are full of spam, fake accounts and lots pf banter. The site is way off from what it once was, it completely takes the enjoyment of being their away from users. Plus Twitter, Reddit, Snapchat and other social sites seem to be were people are turning to. |
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595427 | "It sounds like the kinds of planners you're talking to might be a poor fit, because they are essentially salespersons selling investments for a commission. Some thoughts on finding a financial planner The good kind of financial planner is going to be able to do a comprehensive plan - look at your whole life, goals, and non-investment issues such as insurance. You should expect to get a document with a Monte Carlo simulation showing your odds of success if you stick to the plan; for investments, you should expect to see a recommended asset allocation and an emphasis on low-cost no-commission (commission is ""load"") funds. See some of the other questions from past posts, for example What exactly can a financial advisor do for me, and is it worth the money? A good place to start for a planner might be http://napfa.org ; there's also a franchise of planners providing hourly advice called the Garrett Planning Network, I helped my mom hire someone from them and she was very happy, though I do think your results would depend mostly on the individual rather than the franchise. Anyway see http://www.garrettplanningnetwork.com/map.html , they do require planners to be fee-only and working on their CFP credential. You should really look for the Certified Financial Planner (CFP) credential. There are a lot of credentials out there, but many of them mean very little, and others might be hard to get but not mean the right thing. Some other meaningful ones include Chartered Financial Analyst (CFA) which would be a solid investment expert, though not necessarily someone knowledgeable in financial planning generally; and IRS Enrolled Agent, which means someone who knows a lot about taxes. A CPA (accountant) would also be pretty meaningful. A law degree (and estate law know-how) is very relevant to many planning situations, too. Some not-very-meaningful certifications include Certified Mutual Fund Specialist (which isn't bogus, but it's much easier to get than CFP or CFA); Registered Investment Adviser (RIA) which mostly means the person is supposed to understand securities fraud laws, but doesn't mean they know a lot about financial planning. There are some pretty bogus certifications out there, many have ""retirement"" or ""senior"" in the name. A good question for any planner is ""Are you a fiduciary?"" which means are they legally required to act in your interests and not their own. Most sales-oriented advisors are not fiduciaries; they wouldn't charge you a big sales commission if they were, and they are not ""on your side"" legally speaking. It's a good idea to check with your state regulators or the SEC to confirm that your advisor is registered and ask if they have had any complaints. (Small advisors usually register with the state and larger ones with the federal SEC). If they are registered, they may still be a salesperson who isn't acting in your interests, but at least they are following the law. You can also see if they've been in trouble in the past. When looking for a planner, one firm I found had a professional looking web site and didn't seem sketchy at all, but the state said they were not properly registered and not in compliance. Other ideas A good book is: http://www.amazon.com/Smart-Simple-Financial-Strategies-People/dp/0743269942 it's very approachable and you'd feel more confident talking to someone maybe with more background information. For companies to work with, stick to the ones that are very consumer-friendly and sell no-load funds. Vanguard is probably the one you'll hear about most. But T. Rowe Price, Fidelity, USAA are some other good names. Fidelity is a bit of a mixture, with some cheap consumer-friendly investments and other products that are less so. Avoid companies that are all about charging commission: pretty much anyone selling an annuity is probably bad news. Annuities have some valid uses but mostly they are a bad deal. Not knowing your specific situation in any detail, it's very likely that 60k is not nearly enough, and that making the right investment choices will make only a small difference. You could invest poorly and maybe end up with 50K when you retire, or invest well and maybe end up with 80-90k. But your goal is probably more like a million dollars, or more, and most of that will come from future savings. This is what a planner can help you figure out in detail. It's virtually certain that any planner who is for real, and not a ripoff salesperson, will talk a lot about how much you need to save and so forth, not just about choosing investments. Don't be afraid to pay for a planner. It's well worth it to pay someone a thousand dollars for a really thorough, fiduciary plan with your interests foremost. The ""free"" planners who get a commission are going to get a whole lot more than a thousand dollars out of you, even though you won't write a check directly. Be sure to convert those mutual fund expense ratios and sales commissions into actual dollar amounts! To summarize: find someone you're paying, not someone getting a commission; look for that CFP credential showing they passed a demanding exam; maybe read a quick and easy book like the one I mentioned just so you know what the advisor is talking about; and don't rush into anything! And btw, I think you ought to be fine with a solid plan. You and your husband have time remaining to work with. Good luck." |
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595430 | I'm not sure this is a safe assumption, necessarily. If the take is sufficient to permanently satiate whatever monetary need motivated the initial crime, risk in the ratio will remain the same but reward will be significantly altered. Having little wealth and gaining a great deal of wealth is different from having a great deal of wealth and getting even more wealth. As the risk/reward ratio would change, the decision-making process would not be the same. |
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595436 | I like this option, rather than exposing all 600k to market risk, I'd think of paying off the mortgage as a way to diversify my portfolio. Expose 400k to market risk, and get a guaranteed 3.75% return on that 200k (in essence). Then you can invest the money you were putting towards your mortgage each month. The potential disadvantage, is that the extra 200k investment could earn significantly more than 3.75%, and you'd lose out on some money. Historically, the market beats 3.75%, and you'd come out ahead investing everything. There's no guarantee. You also don't have to keep your money invested, you can change your position down the road and pay off the house. I feel best about a paid off house, but I know that my sense of security carries opportunity cost. Up to you to decide how much risk you're willing to accept. Also, if you don't have an emergency fund, I'd set up that first and then go from there with investing/paying off house. |
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595439 | Don't have those degrees or even work in finance, but here's the bottom line: Study the job market in YOUR community or what city you want to work in. Ask around at your university and frequent the job searching websites to get a feel for what the potential job market will be like. |
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595441 | Beg, plead, whimper, and hope they take pity on you. Sorry, but there's no way to force someone to take less than you legitimately owe them except to declare bankrupty, and even that may not do it. If they aren't interested in throwing away $3000, your best bet really is to try to arrange a payment plan, or to get a loan from somewhere and pay that back over time. Of course either of those options is likely to cost you interest, but that's what happens... I wish I could say something else, but there really isn't any good news here. |
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595451 | I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit: - [/r/talkbusiness] [Renewables will give more people access to electricity than coal, says IEA](https://np.reddit.com/r/talkbusiness/comments/788sb9/renewables_will_give_more_people_access_to/) [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))* [](#bot) |
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595455 | I know you say you are aware of secured and unsecured debt and you've made your decision. Did you do the numbers? You will pay 44k over the life of the mortgage for that 24k (Based on 4.5% APR mortgage). Once you refinance your mortgage, do you plan on using credit for a while? Lots of Americans are hyperfocused on credit scores. The only times it affects your life are when you finance something, when you apply to rent a house or apartment, and sometimes when you apply for a job. Credit score should not be a factor in this decision. You're borrowing the money at a lower rate to pay off the high rate cards because you want to pay less in interest. Considering #1 is there any reason NOT to pay off the cards immediately, if not sooner? |
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595462 | All lenders make money from loans, despite the fact that there will be some defaults, they just have to make enough money from those that don't default to offset the losses from those that do, so that their over all profit is good enough to be justified, so there's no reason the p2p lending companies can't protect your loan. If you remove the risk of losing your investment you can expect your return to be reduced though, as they have to take more profit away from you in order to fund the pool used to pay out when there is a default. This doesn't necessarily mean your money is completely safe though, if the p2p lender itself went bust you would probably still lose your money, unless it was appropriately insured. I'm not sure liquidity is really the right word really, liquidity is about encashment without serious penalty. If you can transfer the debt to someone else at any time then liquidity is good, but if you don't really have that option (as most lenders don't) then your investment amount (whatever isn't paid back yet) is completely illiquid still, just for a shorter time. I don't see how the term is important myself, there are many investments that have differing maturity time scales, and you just have to pick one that has a suitable time scale, return and risk for you. 1% charge or not, there is still an ultimate net return on investment, secondary market or not. Virtually any investment has costs of some sort, you just have to take them into account and make sure you don't get fooled into thinking the ROI is better than it seems because of the way they've packaged and presented it. |
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595470 | Godrej Nest Floor Plans completely define the large residences at Sector 150 Noida. It ranges from 1250 to 3050 Sq.ft including 2BHK,3BHK,3.5BHK & 4.5BHK within normal and iconic towers. It is the most promising apartments coming near to Noida - Greater Noida Expressway. http://www.smcrealty.com/godrej-nest-150-noida/floor-plans.php |
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595476 | "The ""Actual Applied Rate"" of 7.5% is the total amount of interest charged over the life of the loan, $2,204.82, divided by the loan amount divided by three years. This amount is lower than the actual interest rate of 13.69% because interest charges are based on loan principle which reduces over the life of the loan." |
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595481 | Right in the article he argues that his business experience (where he was involved in outsourcing) means that he understands the reasons why businesses outsource and this makes him well qualified to devise policy that will entice employers to bring those jobs back to the US. Like him or not, that's a fair argument. |
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595500 | I feel like if you go to a non-target school that gets no love then it's a good way to show that you learned finance and you're just as good as the other folks. Whether its worth the time it takes to study, that's for you to decide. Although I've heard if you have an undergrad degree in finance the level 1 is not ridiculously hard. |
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595506 | If you are interested in this stuff, S&P produce a sovereign rating methodolgy, in which they will tell you exactly what factors they look at. Once you read this, you can obtain their latest rating report on India and Spain to understand how they applied said methodology in each case. (Not sure if this is free) |
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595509 | "Trust me, so am I. We really had *feared* the scenario you painted -- everyone in the HOA has been very pleased that it didn't happen that way. My point isn't that you are wrong (I think in some markets what you are talking about undoubtedly IS happening) -- rather that it isn't necessarily happening that way everywhere. Indeed, some of the people who have bought in our area were people who seem to have a more ""frugal"", solid, long-term mindset, and who had rented throughout the bubble years, often despairing of ever being able to afford a home (but being unwilling to pay the high prices/go deep into debt w/o any equity at all, so they simply endured it and saved {and saved}, hoping to someday... and their patience has been rewarded, some have been able to use what they thought would merely be a modest ""down payment"" to nearly buy the houses outright, taking on minimal debt and then using that to refurbish the homes)." |
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595523 | > That junky site constantly has completely outrageous headlines upvoted to the top over an over again, only to read the article and find out they have sensationalized and essentially re-written content from other sites. That's internet journalism for you. There are gobs of sites like this - alternet, theyoungturks, washingtonsblog, counterpunch, prison planet, the whole gawker network, and so so many more. But tossing them would be tossing based on crappy content, rather than spamming. Just downvote them & move on. Really a shame though, when great sites like theatlantic get banned for engaging in shady promotion. |
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595526 | >Nail holes. If they were the small picture hanging nail holes and there were only a couple of them then it would be normal wear and tear. If they used regular nails to hand them then no, that's a misuse. If there were a lot of nail holes (think a collage of 15 pictures all together on one wall) then it is not normal wear and tear. >The stains were small discolorations, not big purple splotches of wine. Stains are never considered normal wear and tear. Stains are excessive. >The carpet was old when they got there also Was it in good shape or poor shape? If it was fraying and had worn paths in it when they arrived then I would make an argument stating that the carpet was is disrepair to begin with. |
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595530 | No, Q4 was at 2.1% as part of the break from the norm (annually was the five year low of 1.6%). The reversal of a trend and upward forecasting does indicate expansion. The fact that unemployment is at a 16 year low is what makes it a bigger deal because it's sustainable. |
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595541 | "There is an economic principle called ""non-satiation,"" which translated into plain English means ""people always want more."" (This was best illustrated in the movie, Oliver Twist, ""Please sir, can I have MORE?"") Over time, most people won't be satisfied with ""things as they are."" Which is why growth is so important. Many behavioral economists would argue that it is not the LEVEL of utility, but rather the utility CHANGES (in calculus, ""deltas"" or ""derivatives"") that make people happy. Or not." |
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595556 | > Just like you don't wear hockey skates to play football, you don't wear stupid looking shoes to work in finance. Did you respond to the wrong person? I'm the one making fun of people wearing dumb as fucj square toed shoes here lol. My comment was that if the person above thinks I have a stick up my ass for making fun of his dumb as fuck shoes, he's too insecure to be in finance. |
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595564 | Good read. I do wish there were more stats on the issues associated with geographic concentration touched upon in the article. For example, how are the economic gains of being in an urbanized environment mitigated by the costs associated with traffic jams, urban poverty and crime? What would happen to the economy of the US if those inefficient small cities kept declining, how would it have to change? |
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595569 | Thanks for responding. Ive been weighing my options and i still have quite a ways to go before im MIG/TIG/stick certified. But i am actually leaning more towards focusing on welding first and foremost because its faster money. If i get on my cousins crew i could potentially make close to 50-60k my first year (and thats just as a welders helper, not an actual welder) therefore, theres potential to advance to an actual welding job where i could make 100k+ (hopefully i have some luck and get that opportunity early in my career). That will give me time to pay off my student loans, all the money my family has helped me with, buy a house which will eventually become another income, and even save A LOT after thats all paid off! I think thats the safer option for me starting off and then ill have more money to invest in local buisnesses such as the pizza joint and most likely open a welding shop a little later. I just need to bust ass and make as much money as possible for the next 4 or 5 years so i can settle down and not travel for work as much. Nothing is set in stone yet and obviously im weighing all options but i wanted to get opinions on the subject. Especially because the pizza joint expanding idea was just presented to me the other day. |
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595605 | "Yes, you would pay no taxes at the time of purchase. In fact, this is not uncommon. Many early employees of startup companies are offered stock options that can be ""early-exercised"" (exercised before they vest). In such a case, an employee who exercises immediately upon grant (and assuming the exercise price of the option is the FMV at the time of grant) purchases the stock at FMV, and there no no tax paid when filing 83(b) election." |
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595615 | If you want to maximize your expected benefits, at minimal risk of financial repercussions or sleepless nights, I would suggest the following. Send an email explaining the situation, and announce that you plan to use the points if they do not advise otherwise. Here is an example message: Dear sir/madam, I recently contacted your helpdesk to mention that I believe my points balance is higher than it should be, and I was told that I could consider the extra points a gift. I assume that settles it, but in case I am mistaken please contact me within 4 weeks. My customer number is xxxx. Kind regards, Note that it is no problem if they don't reply, but you may want to push for a (possibly automated) confirmation of receiving your message. I would not be surprised if they still reduce your balance sometime in the future, but you should be reasonably covered if they try to reclaim any points that you already spent. |
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595625 | "Dividends are one way to discriminate between companies to invest in. In the best of all worlds, your investment criteria is simple: ""invest in whatever makes me the most money on the timeline I want to have it."" If you just follow that one golden rule, your future financial needs will be taken care of! Oh... you're not 100% proof positive certain which investment is best for you? Good. You're mortal. None of us magically know the best investment for us. We wing it, based on what information we can glean. For instance, we know that bonds tend to be ""safer"" than stocks, but with a lower return, so if something calls itself a bond, we treat it differently than we treat a stock. So what sorts of information do we have? Well, think of the stock market linguistically. A dividend is one way for a company to communicate with their stockholders in the best way possible: their pocketbooks. There's some generally agreed upon behaviors dividends have (such as they don't go down without some good reason for it, like a global recession or a plan to acquire another company that is well-accepted by the stockholders). If a company starts to talk in this language, people expect them to behave a certain way. If they don't, the stock gets blacklisted fast. A dividend itself isn't a big deal, but a dividend which isn't shunned by a lot of smart investors... that can be a big deal. A dividend is a ""promise"" (which can be broken, of course) to cash out some of the company's profits to its shareholders. Its probably one of the older tools out there (""you give investors a share of the profits"" is pretty tried and true). It worked for many types of companies. If you see a dividend, especially one which has been reliable for many years, you can presume something about the type of company they are. Other companies find dividend is a poor tool to accomplish their goals. That doesn't mean they're better or worse, simply different. They're approaching the problem differently. Is that kind of different the kind you want in your books? Maybe. Companies which aren't choosing to commit a portion of their profits to shareholders are typically playing a more aggressive game. Are you comfortable that you can keep up with how they're using your money and make sure its in your interests? It can be harder in these companies where you simply hold a piece of paper and never get anything from them again." |
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595633 | Typically, a direct debit is set up by the company who will be receiving the money, not by you or your bank. So you need to contact your credit card company, and ask them to set up the direct debit. |
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595642 | It's called carry-trade. They can borrow from governments that have 0% int rates, exchange it for dollars, and then buy u.s. treasuries. Japan would never ever raise their interest rates as their economy runs on keynesian fumes. |
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595651 | "The prices we pay for goods and services aren't set by our levels of income. Why should the compensation we owe the community in taxes? LVT and rent(along with their capitalisation into selling prices) are economically one and the same thing. The only difference is who collects. If LVT is an ""Income Tax"", then so is rent or mortgage repayments. In fact paying for anything is an ""Income Tax"". The LVT is merely the way by which we equally share the value derived from scarce natural resources. If we don't do that then inequality and dysfunction are baked into our economies and societies. LVT doesn't tax the wealth people create from land but taxes the wealth creating potential of land. It is the arbitrariness of taxing incomes, capital and transactions that causes deadweight losses, whereas the LVT has none. This is because it is set by market (not levels of income) as the amount an individual or firm is prepared to pay for exclusive use of that location. So if you cannot pay the LVT then someone else will. That is not only fair, but the optimally efficient way of allocating resources. This is how a capitalist, free market based economy is supposed to work. Those that opposed the LVT are nothing but Blue Socialists." |
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595665 | "This is the best tl;dr I could make, [original](http://www.higherrockeducation.org/blog/chinas-new-silk-road) reduced by 88%. (I'm a bot) ***** > China's New Silk Road For over 1,500 years the Silk Road provided land and sea trade routes that connected the East and West. > What was the Silk Road Route, and how is that important today? The Silk Road traveled through areas that are today some of the most isolated and unstable regions of the planet - countries like Afghanistan, Somalia, Iraq, and Syria. > China plans to invest $1.4 trillion in ports, railways, and pipelines of 68 nations along the old Silk Road. According to President Xi Jinping, One Belt, One Road will bring nations together in trade and encourage peace, stability, and economic growth. ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ji514/china_has_a_new_silk_road_in_the_present_day_is/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~152536 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*: **trade**^#1 **China**^#2 **Road**^#3 **Silk**^#4 **Agreement**^#5" |
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595686 | "Try doing a search for ""dry cleaner wicker park chicago"". The top 4 or 5 results in Google are Yelp results. In fact, try any Google search for a local service and put the neighborhood in the search. Google may use a different rating system for their local review site but they still give a tremendous amount of power to Yelp - especially for specific local searches." |
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595696 | For road trips we have the Tesla Superchargers. They're fast-chargers spaced along all major highways in the US and Europe. You're going to scoff at waiting 30-45 minutes for a charge, but again - it's only something you do on long trips. The other 90% of your driving is wait-free. |
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595697 | I think you're not considering the opportunity cost of giving up your money early. I'm not sure what the total money you have to spend, but spending extra on things you're going to buy later might not be the best choice. Consider you could just get a credit card that does 3% (6% with fee) on groceries, 3% on gas, etc. So you can make some money there without spending it all up front. Also, you could be turning that money into more money by investing it. Assuming you're not going to just carry a balance and pay interest on the card, you have this cash on hand to invest. One more thing, I'm not sure of your financial situation but I don't think something like spending an extra 5k is a pittance to you (since you wanted $500 so badly). Having the cash at hand has its own advantages even if you're just sitting on it. In short, consider if you want to follow through with this plan. You can still keep the card. |
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595707 | My wife and I have done a good job teaching our daughter, now 15, that one does the right thing, simply because it's the right thing to do. This may not work for every child, but it did for us. Her motivation was never punishment, we explained that if she did the wrong thing, it's awful to have to live with that. On one hand, THEAO's answer is correct, the stick the IRS wields is the audit and fines. I suppose from a legal standpoint, we comply with laws to avoid punishment. I find this to be unfortunate. To get back on topic - I started with an answer more appropriate to Parenting because I have a very precocious child for whom I addressed this question a decade ago. The latter portion of my response helps to give tangible benefits which have value even if less than the tax you might be paying. |
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595739 | "It's a pretty lengthy explanation but to put it into a few bullet points: * Nuclear power produces zero carbon emissions * They take up the smallest amount of space relative to the energy produced compared to all other forms of power production * Nuclear power can utilize the existing infrastructure and provide ultra reliable, clean energy * Updating to current reactor technology largely reduces the ""radioactive waste"" problem (see fast breeder tech) * Updating to current reactor technology largely solves safety issues * Moving to next-gen MSRs (Molten-Salt Reactors) introduce a higher efficiency, ultra-safe design, with no risk of ""melt-down"" or concern about weapons conversions * Some MSRs ([such as a LFTR](https://www.nei.org/Issues-Policy/Protecting-the-Environment)) show signs of being potentially world changing and making energy ridiculously cheap with no radioactive waste That's a primer to start. :)" |
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595743 | > I no longer have the fantasy belief that I can do better managing my money than professional investors The pension fund probably lost about as much as your investments did, but they still had to pay out as if they were meeting their targets. I understand you weren't really offered a choice between a higher salary or a pension, so my observation is academic, but to me it just seems strange to believe that a company can pay you a fixed sum of money 30 years in the future. Maybe it's just a generational thing but the whole idea of investing (figuratively) your entire future in a single company doesn't make sense to me. I actually think it's good in the long run that we're moving away from the work at one company your entire life model. Companies shouldn't be in the business of providing retirement benefits any more than they should healthcare plans, IMO. |
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595759 | See this spread sheet I worked up for fun. https://docs.google.com/spreadsheets/d/1ZhI-Rls4FpwpdpEYgdn20lWmcqkIEhB-2AH0fQ7G2wY/edit?usp=sharing If you are really crazy you can do what I did and model the rates (modified normal) and expenses (large items like the roofing being replaced on exponential) distribution and run a monte carlo simulation to get maximum likely losses by years and ranges of final values. P.S. As a side note, this spreadsheet makes a lot of assumptions and I would consider it absolutely necessary to be able to build a sheet like this and understand all the assumptions and play with it to see how quickly this can turn into a losing investment before making any business investments. |
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595765 | When you take the self employed health care deduction on on Line 29 of form 1040 for 2010 it also will lower your self employment tax. See line 3 of Schedule SE. You report your net earnings from self employment less line 29 from 1040. |
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595772 | I'd agree it's something they're no good at, there's no reason to think they would be. Indeed, there aren't many good examples of nation building to point at, in that part of the world at least. This again avoids the point, which is that military functions are being outsourced - I assume you really agree, and that to the extent there's a debate, it's only about the extent. |
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595773 | The idea of it being one state is kind of unrealistic, in terms of population it would be the same as 10 states. If you were to break the UK up into 10 states and add them to the US then London would be the richest state, many regions would be wealthier than the majority of the states. If you break it down into these regions http://en.wikipedia.org/wiki/List_of_OECD_regions_by_GDP_(PPP)_per_capita by GDP per capita it shows there would be 7 UK regions in the top 15 states. edit: The link was messed up because it has brackets in it |
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595787 | Its important that you carefully read the agreement, if you accept the job. The options agreement will usually specify the vesting schedule, the strike price, and the number of options you will have. When you start vesting options, you can choose to buy stock at the strike price. When you do exercise the options, your employer will likely withhold state and federal income tax. The strike price will hopefully be well below the market price. Unlike stock, when your employment ends, you usually are not able to hold on to your options. There's typically a small window of time in which you can exercise your options. You should read this part of the agreement carefully and plan accordingly. |
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595791 | "In the article itself, it's stated: *""Yale University, where we work, has a de minimis exposure to IEX through an investment by one of the university’s external managers.""* I mean, that's pretty straightforward to me. I promise you that Yale is also indirectly invested in every single public exchange out there." |
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595796 | The Brokerage firm will purchase shares for the dividend paid in a omnibus account for the security of the issuer and then they will distribute fractional shares among all their clients that chose Div Reinvest. They will only have to buy 1 extra share to account for the fractional portion of what they allocate. The structure of the market does not permit trading of fractional shares. There is generally not any impact to the market place for Div Reinvest with the exception of certain securities that pay large dividends that are not liquid. sometimes this occurs in preferred securities where a large amount of Div reinvestment could create a large market order that has market impact. Most brokers place market orders for the opening on the day following the payment of the dividend. When you sell the fractional portion same process as full shares are sold into the market and the fractional if traded between you and the brokers omnibus account. if it creates a full share for the broker (omnibus has .6 shares and you sell him .5 they would likely flip that out to the street with the full share portion of your order. This would not have impact to outstanding shares and all cost are operational and with the broker handling the Div reinvestment service. |
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595811 | I feel really uneasy hearing people arguing about how to recalculate an indicator that does not predict anything. yes, the late 2000 financial bubble was a black swan with low probability of ever happening, but lighting can hit the same place twice. |
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595822 | Payroll taxes are only paid on salary, so you will be paying SS Tax and Medicare only on the $60,000 you pay yourself. You will still pay income tax on the distribution, of course, but the payroll tax savings seem significant (~$13K according to the calculator below). While tinkering with a new web technology some time ago, I created this JsFiddle application. I can't swear to its correctness, but I'm pretty sure it's solid (use the UI in the bottom right quadrant of the screen): http://jsfiddle.net/psandler/NKAZd/ |
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595837 | One of the bigger issues facing the USPS is the fact that a couple of years ago they were forced to prepay on some of the benefits for retirees which is somewhat unprecedented. This kind of requirement, and the fact that the USPS is fighting other technologies to provide the same service. There shouldn't be any worry about privatizing or getting rid of them though since there would be too much blowback from any kind of policy trying to do so. |
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595840 | A tax is the wrong way to go. HFT does not create liquidity, it only creates arbitrage opportunities and is quite possibly illegal given current laws and regulation. There needs to be a required minimum order time on market. HFT just naturally goes away if their orders have to hang out for 5 seconds. |
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595850 | If you had a trading system, and by trading system I mean the criteria setup that you will take a trade on, then once a setup comes up at what price will you open the trade and at what price you will close the trade. As an example, if you want to buy once price breaks through resistance at $10.00 you might place your buy order at $10.05. So once you have a written trading system you could do backtesting on this system to get a percentage of win trades to loosing trades, your average win size to average lose size, then from this you could work out your expectancy for each trade that you follow your trading system on. |
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595856 | The larger social change of commerce leaving main streets and going online is what's most interesting to me. But if you're more interested in whether certain stores will stay alive, even if that may mean a shrinking physical footprint in exchange for e-commerce, just follow the quarterly earnings instead. |
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595866 | Planning to buy a Two Wheeler on Loan? HDFC Bank - Use the Two Wheeler Loan Online Calculator by HDFC Bank to know the exact EMI amount of your Vehicle Loan. Simply enter the required personal, financial and vehicle model details and see the auto-computed EMI amount. Check Now! |
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595871 | Idk why the comment before this got -10 and this one got +30 when it's all in the same vein... Anyway... the truth of the matter is, regardless if Trump is correct or not, finding good solutions isn't about democracy. Democracy is about mitigating the risks of concentrated political power and granting the people a chance to influence the nation. However... effective problem solving and finding the truth is about placing powerful people in their respective positions while considering their qualified opinions. Not everyone's opinion should matter... believe it or not.... democracy of capital causes misallocation. Democracy of information causes misunderstanding. And why? Because we have unqualified opinions. A doctor has a qualified opinion on health care and in a way so does a patient and perhaps an insurance company. But a plumber who spends little time with his children doesn't belong on the school board, and a teacher doesn't necessarily know anything about the coal industry. In the end... our country is operated like a giant sub reddit where swarms of people upvote this and that just because they feel like it. We get a lot of important things right... but we get some critical things incredibly wrong... these stack up and produce problems of immense proportions with seemingly no answer... for example health care and the government's recommendation for diet in public schools (as obvious examples with simple solutions that no one likes or agrees with.) Anyway... the whole nation is sick from head to toe. And the remedy is not democracy. Democracy is an inanimate tool. It is neutral. How we use it is how we benefit from it. |
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595875 | If it were my money, I wouldn't put it in a 401(k) for this purpose. If you were working at a company that provided 401(k) matching, then it might be worth it to put the money in your employer's 401(k) because the employer chips in based on what you put in. But you're self-employed, so there's no matching unless you match it yourself. (Correct?) So, given that there's no matching, a 401(k) arrangement would have more restrictions than a non-tax-advantaged account (like a bank account, or a taxable money market account). This would be taxable in the year you earn the money, but then that's it. If you're expecting to pull out the money pre-retirement, I wouldn't put it in in the first place. |
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595894 | There are lots of reasons why a crook would want you to do this: counterfeit check scam, laundering money, trying to get your account information, getting you used to doing questionable things and then escalating, seeing whether you're the kind of person to go along with bad ideas, etc. There are not, however, much in the way of good reasons for it. I gather you can withdraw money from your bank without an ATM fee. This I am assuming from the fact that it is being proposed that you withdraw money from your account, and the fact that this is how pretty much all non-predatory banking works. If this person's bank won't let them withdraw money without a fee, something is seriously wrong, and they should get an account at your bank. Do they get charged for using a live teller as well? If not, how is getting money from you easier than getting it from a teller? How much is the fee? If the fee is $2, and you're making $10/hour, that's 12 minutes of wages. Does it take less than 12 minutes to complete this transaction (including the time this other person is spending)? This cartoon comes to mind: https://xkcd.com/951/ |
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595897 | Whoops, an obvious one there. So much for audit! We were doing a Basel liquidity report at a bank. One set of numbers in Oracle always balanced with SAP. We were told to use their corrections to apply to the rest. It turns out that they ignored the transactions in Oracle and had loaded the balance sheet data from SAP in Oracle. Of course the data will match! |
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595911 | I'm a smoker and I don't see one moral point of view here one way or another, as people often try to paint it. Would I vote for it? No, I don't want to pay more taxes. Has the CDC issued reports that every $1 increase in cigarette prices leads to a significant decrease in smoking? Yep. Take it how you will. It's up to the people, that's what democracy is about. |
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595919 | Successful technology contractors* make far more than employees. The contractor market is getting oversaturated because more people want to do it and employers like it less and less. Problem is, the only time big employers are willing to hire contractors are when they're really good, so you really only get well paid contractors who find consistent work, and then a flood of contractors that have to get whatever work they can find. |
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595924 | Your 1099-B report for ADNT on the fractional shares of cash should answer this question for you. The one I am looking at shows ADNT .8 shares were sold for $36.16 which would equal a sale price of $45.20 per share, and a cost basis of $37.27 for the .8 shares or $46.59 per share. |
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595941 | Sure. Depending on how you configure your order, it will either be fulfilled partially or wait until it can be fulfilled. You can set a time limit on your order (usually its either 1 day or 60 days, but may vary between brokerages), and allow or disallow partial fulfilment. |
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595949 | We don't have to think these things among ourselves. Academic economists have been thinking these things for for us. Have you ever wondered why large corporations exist and why not just have markets to direct resources? The Economist has great series called Six big ideas. First in the series is [Coase’s theory of the firm](https://www.economist.com/news/economics-brief/21725542-if-markets-are-so-good-directing-resources-why-do-companies-exist-first-our) It explains the basic outline of the theory of the firm. |
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595971 | "And he pays taxes which contribute to that, in an absolute dollar amount he probably pays more than most reddiors do combined and since his income is from a company and not capital gains his tax rate is definitely above 30% thus providing for the next generation. He's not suggesting that he shouldn't pay any taxes at all, just not INCREASED taxes or liabilities. Those roads, schools, police were all funded just fine before this debate started--- not to mention these are all local taxes and the increased liabilities we are talking about are federally mandated, not locally. We have a spending problem not a revenue problem, and the solution begins with gutting military spending and it ends with a very serious discussion and long term look at social security and medicare. It's only when the government wants military AND those other services that private individuals and industries are squeezed with additional overhead cost liabilities. Thing is this guy has done what he has done for 40+ years and has seen 5-10 presidential administrations and the message and policy goals change everytime. His resistance is related to additional burdens put on him and his company. It is then his responsibilty to decide whether that extra weight is worth it... plain and simple... just as you would do... just as any company would and does do. This particular event has been sensationalized by his own and observer's emotions, but I don't think he's in the wrong here. Most of the people criticizing him will never come anywhere close to contributing in tax revenue the amount that he does, not to mention jobs. We need more passionate people sparking debate, but unfortunately so many people, on reddit especially feel the economy, government and business has not served them well, but the government is the only one offering them the ""promise"" of a tiny bit better. Private industry cannot yield confidence or national attention the way the government can, but the government is notoriously inefficent at distibuting and administrating programs. But the net result is people will vote for a populist agenda such as letting young people stay on their parent's health insurance, while living at home, when what they really want is a $75,000 - 100,000/year job and the freedom that brings to go after your ambitions." |
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595981 | Two different takes on an answer; the net-loss concept you mentioned and a core-business concept. If a store is actually a net-loss, and anybody is willing to buy it, it may well make sense to sell it. Depending on your capital value invested, and how much it would take you to make it profitable, it may be a sound business decision to sell the asset. The buyer of the asset is of course expecting for some reason to make it not a net loss for them (perhaps they have other stores in the vicinity and can then share staff or stock somehow). The core-business is a fuzzier concept. Investors seem to go in cycles, like can like well-diversified companies that are resilient to a market downturn in one sector, but then they also like so-called pure-play companies, where you are clear on what you are owning. To try an example (which is likely not the case here), lets say that Sunoco in 5% of its stores had migrated away from a gas-station model to a one-stop-gas-and-repairs model. Therefore they had to have service bays, parts, and trained staff at those locations. These things are expensive, and could be seen as not their area of expertise (selling gas). So as an investor, if I want to own gas stations, I don't want to own a full service garage, so perhaps I invest in somebody else. Once they sell off their non-core assets, they free up capital to do what they know best. It is at least one possible explanation. |
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596001 | So you think there is a business that can take $X and in two weeks turn it into $10X plus their profit. That means that in two weeks you can turn $1,000 into $10,000. So every two weeks you add a zero, in six weeks you add 3 zeros. In 12 weeks total your $1,000 is now $1,000,000,000; and in a few weeks after that you are richer than Bill Gates. All Guaranteed! Run away. |
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596002 | This isn't an article discussing the business aspects of bitcoin. It's a comment on the price movement of bitcoin. Do we regularly comment about the gyrations of commodities and currencies on this thread? I tend to find talk of those things on subs like /r/finance and /r/investing. |
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596023 | Here's a sneak peek of /r/vandwellers using the [top posts](https://np.reddit.com/r/vandwellers/top/?sort=top&t=year) of the year! \#1: [Can we please pay homage to the man that made van dwelling cool?](http://imgur.com/xVcC3LT) | [118 comments](https://np.reddit.com/r/vandwellers/comments/5t7gy9/can_we_please_pay_homage_to_the_man_that_made_van/) \#2: [Painted a friend's van with a mountain scene before a big road trip. Figured this belonged here.](https://i.redd.it/dw4xwnyn0o0z.jpg) | [98 comments](https://np.reddit.com/r/vandwellers/comments/6e8ggl/painted_a_friends_van_with_a_mountain_scene/) \#3: [My school bus conversion is almost complete! (Album coming soon)](http://i.imgur.com/7XIHZD5.jpg) | [174 comments](https://np.reddit.com/r/vandwellers/comments/6m7pl3/my_school_bus_conversion_is_almost_complete_album/) ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/) |
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596043 | I wasn't thinking about flipping, just knowing when to call it quits before you get yourself in too deep. Where I live, 4/5 new businesses fail in their first year. It's important to know the risks and to know how to land on your feet if and when it happens. I've seen a lot of people lose their homes, their retirement funds, their everything...worse than that, I've seen people lose friends they've had since forever because of bad investment promises and so on. I just think it's a good idea to have a strategy in case things go sour. It's a lifeboat thing. You don't have it because you want to abandon ship whenever you please. You have it because, even if you're about to lose the ship, you want those on-board to get out with minimal loses. |
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596046 | Remember this company is making a profit by collecting your personal data and you're not making a dime from this deal. >I don't get what the big fear of being marketed to is. The fear isn't being marketed to, it's the loss of privacy that most people are concerned about. |
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596070 | >I mean, obviously rental companies need a better reservation system that doesn't allow reserving an automobile in an area if there aren't enough automobiles to fill the demand. This is the problem. I travel a lot and car rental companies almost always over promise and under deliver. |
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596071 | All of the most successful people I know work more than they need to, and either their employers reward them properly, or their businesses flourish. I'm pursuing my finance degree, and I expect 70-80+ hour weeks, because it's more or less required to move up in a company. I'll save my 9-5 days for after I have kids. |