Datasets:

BeIR

/

fiqa

like 5

6140

Yes, asset inflation is still inflation. Economy = consumption + investment + government - net exports. So you increase the money supply to the wealthy what happens? Not in increase in consumption, their basic needs are met so they invest it. Everyone invests their extra money, what happens? Price goes up for stock and real estate while the yield on those investments goes down. You have people buying really expensive assets with great leverage because their is no alternative. So inflation has increased, you are just to poor to notice it. We also live on a deflationary world. Production increases while demand remains constant. So what happens? Price goes down and marginal companies go out of business. Leading to more consolidation, lower prices due to greater market share, more companies cannot compete and the cycle continues. The only inflation comes from overseas, where you have growing economies. Here we have almost no population or wage growth, so that is deflationary .

6162

CDS spreads represent the premium for insuring some specific bonds against a default (as defined by the ISDA). I'm not sure how you can arrive at the claim that they have little to do with the already issued debt itself, except if you were to assume that this debt is not quoted on any market. There is a direct relationship between the level of the CDS spreads and the price of debt.

6163

"http://www.nytimes.com/2010/09/12/jobs/12search.html ""Where you live and the cost of living there has only a small influence on that number, he added. (That may be a revelation to some Manhattanites.)"" I can't find the source I was talking about, but that's close. There's also what kewidogg said, people gravitate to places that make them happy."

6166

If you are looking for that place in UK, on which you can trust and that's largest pharmacy in the world. Now, you can get a chlamydia test at the affordable price at your home. We offer in every test of the body. As you know, the chlamydia test uses a sample of body fluid or urine to see whether chlamydia bacteria, it is present and causing an infection in our body. If you have ever tested positive. We have a large collection of medicines. We prescribe that you select our full home STI screen with the goal that we can recognize the real cause and treat you in like manner.

6182

No way, other genres have obsessive fans as adults - fantasy and sci-fi come to mind although I think things like t-shirts, mugs etc would do well for most popular films, people just don't wanna take the risk I guess. In Japan for example the anime industry lives off of obsessive (male, usually young adult) fans.

6188

prob not the one with 22 years on the job though. Ive seen this a million times. There always seems to be a Fran in the multitude of articles over the years about min wage or fight for 15 or unionization. Its always some mom with 2+ kids that has been doing the same job or type for 10+ years. How can you not even be a fucking shift supervisor after 2? Manager after 5? Because....... They dont want that. See if Im just a dumb line worker I dont have to be responsible for jack shit. I clock in, I clock out. Done. They might have to relocate or gasp experience change!

6205

a quick summary of the paper's purpose, for those interested: ECB uses a macroeconomic model to project stimulus measures on 1) households 2) firms 3) fiscal authority and 4) a monetary authority over the next 25 quarters (6 years beginning 2012) it begins with the dynamics of households and firms: mainly, upon their interactions as consumers and suppliers, as well as various frictions that arise between countries - namely, labor and consumption rates. the monetary authority deals with basic applications i.e., the cost of money (bond issuance) the fiscal authority is introduced for the purpose of gauging the effects of government intervention, and the correlations between the rates of government consumption (OMT) and houshold consumption (with the aim of stimulating the economy)

6207

A competent Indian VA cost about 4-6 an hour. Realistically speaking, with that budget, nobody is going to be on the phone 8 hours a day 5 days a week. But small tasks and data entry could work. Western VAs are a much pricer but they you can find some for 200 a month. I have a biz that offers similar services, but the price you are looking for is a bit low, but I can work something out if your interested. Otherwise, it would be best to search for NYC based VA companies that have a team of indians working. But what you get is a luck of the draw.

6212

The best office and business telephone systems offered by this company come with features such as telephony, instant messaging, video conferencing and data sharing, into a single robust IP platform. The services are really affordable and customer services are simply unmatched.

6217

**Doping in Russia** Doping in Russian sports is a significant issue. Russia has had the most (37) Olympic medals stripped for doping violations – four times the number of the second country. From 2011 to 2015, more than a thousand Russian competitors in various sports, including summer, winter, and Paralympic sports, benefited from a cover-up. Media attention began growing in December 2014 when German broadcaster ARD reported on state-sponsored doping in Russia, comparing it to doping in East Germany. *** ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&message=Excludeme&subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot) ^] ^Downvote ^to ^remove ^| ^v0.24

6245

Your plan won't work. Working 40 hours a week at federal minimum wage (currently $7.25 / hr) for 52 weeks is an annual income of just over $15,000. Even assuming you can reliably get a return of 15% (which you definitely can't), you'd need to start with $100,000 of assets to earn this poverty income. Assuming a more reasonable 7% bumps the required assets up to over $200,000, and even then you're dead the first time you need to make withdrawals after a mistake or after a major market downturn. As a fellow math Ph.D. student, I know your pain. I, too, struggled for a while with boredom in an earlier career, but it's possible to make it work. I think the secret is to find a job that's engaging enough that your mind can't wander too much at work, and set aside some hobby time to work on interesting projects. You likely have some marketable skills that can work for you outside of academia, if you look for them, to allow you to find an interesting job. I think there's not much you can do besides trying not to get fired from your next McJob until you can find something more interesting. There's no magic money-for-nothing in the stock market.

6281

I can't speak for all business schools but only my personal experiences as a student and then working professional. I graduated from a program ranked in the top 5 nationally and interviewed with several top companies (Intel, Ford, Sandisk, BP) right out of college before selecting the firm I began my career with. As I've moved on to other jobs having this degree has definitely opened doors for me and landed me interviews I might not otherwise have gotten. Plus the program I was in was heavily focused on case studies which is far superior to just lectures and note taking.

6292

Just look at what happened in California. They don't get tipped any less but the problem is that there then becomes this huge gap where people aren't incentivized to work any other mildly skilled to skilled job where tips are less often and/or not as high to non-existent such as becoming a nurse or a hairstylist or plumber or electrician. So for instance where I live theres a huge shortage of people in a lot of jobs with low to mid skills and a gigantic surplus of waiters making minimum wage + tips (where CA forces restaurant minimum wage plus tips). Not to mention CA has stepped process to make the minimum wage $15/hr and anything worked over 8 hours becomes OT. This makes working as a server lucrative as hell compared to many other positions.

6334

There is no federal inheritance tax. The federal estate tax, currently, exempts the first 5.49 million (US citizen spouses even avoid this). Current law also does a stepped up basis on inherited assets which were bought with after tax money. Example: Dad bought a house years ago for 100k. He dies and leaves it to JJ along with other assets worth $100k (well below the federal estate tax level). JJ sells the house for $400k which was its market value on the day dad died. He gets to keep the entire $400k. Note: Current government wants to eliminate the estate tax AND the stepped up basis. In above case, JJ will now have $300k gains on the house sale and will pay income tax on that! He will end up with much less that $400k.

6339

Should I use the profit to pay down student loans or just roll it into my next house in order to have a lower mortgage amount? Calculate the amount of interest in each scenario, where the two scenarios are: Use extra cash to pay down student loans, take out a full mortgage. Use extra cash to make a big down payment on the next house, keep paying down student loans at normal rate. In both scenarios the student loan rate will stay the same. However in the second scenario you may get a lower interest rate from making a larger down payment. So then calculate the total interest resulting from each scenario: student loan rateXremaining student loan balance=student loan interest new mortgage rateXnew mortgage balance=mortgage interest scenario 1 interest = student loan interest+mortgage interest student loan rateXstudent loan balance = student loan interest new mortgage rate with large down paymentXnew mortgage balance after large down payment = mortgage interest scenario 2 interest = student loan interest+mortgage interest Whichever scenario's interest is lower will save money.

6341

Most business credit cards do not report to the personal credit report unless the person pays the card late. Given that fact, any debt carried on these cards does not hurt the credit score if it is not reported. You can carry credit card debt on these cards without hurting your credit score. Just apply for business credit cards now to start building this segment of your credit.

6343

Depending on the state this might not be possible. Loans are considered contracts, and various states regulate how minors may enter into them. For example, in the state of Oregon, a minor may NOT enter into a contract without their parent being on the contract as well. So you are forced to wait until you turn 18. At that time you won't have a credit history, and to lenders that often is worse than having bad credit. I can't help with the car (other than to recommend you buy a junker for $500-$1,000 and just live with it for now), but you could certainly get a secured credit card or line of credit from your local bank. The way they are arranged is, you make a deposit of an amount of your choosing (generally at least $200 for credit cards, and $1,000 for lines of credit), and receive a revolving line with a limit of that same amount. As you use and pay on this loan, it will be reported in your credit history. If you start that now, by the time you turn 18 you will have much better options for purchasing vehicles.

6344

The conventional wisdom is that there has been little inflation which seems weird to me because it was only about ten years ago that a typical coke machine took coins and charged about 50 cents, a loaf of bread could be had for 35 cents at Aldi and gas was about $1.50 per gallon. I'm 43 and the cost for just about everything has about tripled since I was a kid. Minimum wage was $3.15 when I was a teenager. Now it's $7.25 The other day I got a bottle of Pepsi at Dunkin Donuts and the cashier didn't even blink when she told me it was $2.08

6349

There is no universal answer here; it depends on how much risk each person is taking, how you want to define the value of the business now and in the future, how much each person's contribution is essential to creating and sustaining the business, how hard it would be to get those resources elsewhere and what they would cost... What is fair is whatever you folks agree is fair. Just make sure to get it nailed down in writing and signed by all the parties, so you don't risk someone changing their minds later.

6356

Real Estate potentially has two components of profit, the increase in value, and the ongoing returns, similar to a stock appreciating and its dividends. It's possible to buy both badly, and in the case of stocks, there are studies that show the typical investor lags the market by many percent. Real estate is not a homogeneous asset class. A $200K house renting for $1,000 is a far different investment than a $100K 3 family renting for $2,000 total rents. Both exist depending on the part of the country you are in. If you simply divide the price to the rent you get either 16.7X or 4.2X. This is an oversimplification, and of course, interest rates will push these numbers in one direction or another. It's safe to say that at any given time, the ratio can help determine if home prices are too high, a bargain, or somewhere in between. As one article suggests, the median price tracks inflation pretty closely. And I'd add, that median home prices would track median income long term. To circle back, yes, real estate can be a good investment if you buy right, find good tenants, and are willing to put in the time. Note: Buying to rent and buying to live in are not always the same economic decision. The home buyer will very often buy a larger house than they should, and turn their own 'profit' into a loss. e.g. A buyer who would otherwise be advised to buy the $150K house instead of renting is talked into a bigger house by the real estate agent, the bank, the spouse. The extra cost of the $225K house is the 1/3 more cost of repair, utilities, interest, etc. It's identical to needing a 1000 sq ft apartment, but grabbing one that's 1500 sq ft for the view.

6363

"This might sound harsh, but the first thing I would suggest is to stop making excuses. I wasn't able to continue due to pressure from college and family The college I went to was horrible. Employers can very easily hire foreign work-force for very cheap; for example as a citizen if I work $10 an hour, they can get someone from outside to work for $5 per hour There's no guarantee that the project will succeed. I cannot really work and at the same time develop software on my free time. Despite my failures in the past, I was not the main person that's responsible for those failures. Even if all of this is true, it's not helping you move forward and it seems to be getting in the way of creating a good action plan and motivating yourself to succeed. If you believe (based on past experiences) that you are doomed to fail, then you are indeed doomed to fail. You need to take a step back and re-evaluate your current circumstances and what you can do to reach your goals. You have a couple of things working in your favor here. It's great that you are debt free. That already puts you ahead of a lot of your peers. You have the option of living with your parents. Presumably for no rent, or at least much lower rent than you would have to pay if you move out. This is worth literally thousands of $/£/€ for every year you stay. Now, onto your questions: 1) Should I quit regular programming for a normal job because I never monetized programming so I can move out of my parents' home? Are you being paid for this ""regular programming""? If so, are you being paid more than minimum wage? If not, it's perfectly acceptable to consider alternative ways to spend your time and generate income. However, this doesn't have to be at the expense of living with your parents. Have you thought about getting a new or second job while still living with them? If you absolutely must move out of your parent's home, consider renting a room in a house with other people to keep the rent costs to a minimum. That way, even if your main job is low paying, you should be able to put aside some money each month for future endeavors. 2) Should I monetize programming and gamble with the future? What does this mean? Are you thinking you'll write a mobile app and sell thousands of copies for 99¢ each? That would indeed be a big gamble, but maybe that's not what you meant, so you'll need to clarify. 3) Would it be wise to essentially quit programming for the sake of a minimum wage job? I'm not sure how this is different from question 1. So I'll reiterate what I said there - moving out is going to be expensive. You can still do it, but you're asking on a Personal Finance site where the focus is usually how to minimize living costs and maximize income. Without knowing more about where you live (employment opportunities, cost of living) the default recommendation is usually to save money by staying in your parents house. TLDR: Don't focus on anyone else. They are not preventing you from getting the job you want. Look at your own skills and qualifications (not just programming, consider all of your abilities). What are you good at? Who might need those skills? What is the cost of reaching those people (commute time, moving nearer)? What is the reward? If the reward exceeds the cost, start approaching those people. Show them what you can do."

6369

Most penny stocks go to zero because most businesses fail. You stated in your original post that you were wondering specifically about companies with no assets. These are exactly the kind that fail and go to zero. There are many holes within the regulatory structure that allow for many accounting tricks in penny stock land. And even in areas that are adequately regulated, there will be few to no remedies for the optimistic penny stock shareholder speculator.

6372

"I like it... maybe a little fixed gambling via those new ""slot"" machines that are a cross between video games and just-keep-pumpin'-those-quarters. Mandatory line dance on the bar every hour by the comely servers. Hot but not so hot you can't park grandma for the evening. I'm all for a true celebration of Americana and local roots and the whole idea in the abstract is not bad at all... but I will be surprised if they can pull together the right talent while sidestepping politics at the same time. More than likely it will end up as Applebees the Hotel."

6384

"This is the best tl;dr I could make, [original](https://www.reuters.com/article/us-opec-oil-shale-analysis-idUSKBN18M1Q4) reduced by 87%. (I'm a bot) ***** > The history of the relationship between OPEC and the U.S. shale oil industry has evolved a great deal since the cartel discovered it had a surprise rival emerging in a core market for its oil around five years ago. > WARNING FOR SHALE. By the same token, some U.S. shale leaders may also want a better insight into OPEC thinking and help OPEC understand that shale is not a flash in the pan. > "OPEC looks at shale and it scoffs," said Dave Purcell of Tudor, Pickering, Holt & Co, a U.S. shale investment bank that attended the OPEC meeting for the first time. ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6el278/opec_continues_to_underestimate_the_invisible_hand/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~133771 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*: **OPEC**^#1 **shale**^#2 **oil**^#3 **U.S.**^#4 **minister**^#5"

6386

There are lots of things that can be graphed apart from financial data. Like flight data, for example. With the level of detail visible in the pics on that site, what reason is there to conclude that's market data? Interesting theory tho.

6415

My question is what is the average income of those people who are driving into the core of the city for work. I am assuming that they probably make a much larger salary than $1.1k, though they are still getting screwed on transportation.

6426

With reference to the UK: Structured deposits should not be confused with structured products. Structured deposits are often, quite simple deposit accounts. You place your money into what is essentially a deposit account, and are therefore guaranteed not to lose your capital as with any other deposit account. The attraction is that you could earn more than you would in a normal deposit account, often around double, due to indirect exposure to the markets. Another benefit is that structured deposits can form part of your annual cash ISA allowance, so the returns can be tax free. These products are popular with those who have savings which they are happy to deposit away for between 3 and 6 years, and are looking for better rates of return than standard cash ISAs or savings accounts. The main drawback is that you may not receive anything other than your original deposit. That poses a minimal risk if your savings are earning less than 1% currently. See my article at financialandrew.blogspot.co.uk/2013/03/fed-up-with-low-returns-from-cash-isas.html for a more rounded overview of the structured deposits.

6439

"I simply wrote my bank an email and said, ""I want to handle my own escrow"". They said, ""fine"" and even let me set up a third account called ""escrow"" (savings and checking being the other two) that I just transfer money into whenever I want. But, I don't actually know what their requirements are for doing that. I have a ton of equity in the house, and I never missed a payment, AND I have direct deposit at that institution. So, it can be done."

6447

The minimum wage in Portugal is around 550€. A one-bedroom apartment anywhere close to the center of Lisbon should be on average 600€. Most people on minimum wage have to go to the outskirts of Lisbon or close cities. Although the prices on the houses have gone a lot these past 10 years.

6454

has very little idea about how much we earn and how high up we are in terms of income percentile. The first part of this sentence is tough to understand. My daughter was 12 when she told us what she estimated our income to be. She looked up the price of our home, worked backwards using conservative numbers, and was pretty close. Here you are saying your wife doesn't know the family income? Percentiles are meaningless. There are $60k couples who donate 10%, and there are $300k earners who are not charitable at all, and don't even save. It's time to have a general budget conversation with her. Perhaps starting with the rate of savings, and show how there's room for charity. If your charitable desire is based on a religious compulsion, share that as well, the 10% is what many feel commanded to share by their maker, and feel that it comes off the top regardless of their income level. In reality, this issue is not financial, it's about open dialog between 2 people. Money is difficult for some to discuss, but you need to start somewhere.

6471

Do not take the cash! You might be able to leave the money with the large company. Ask the HR people at the company. If you are satisfied with their work, no sense leaving if you don't have to. I have coworkers that have 401K all over from all the buyouts the company went through. If you don't want to leave it behind, do a rollover into your own account with a low cost carrier. (Vanguard, Fidelity and Charles Schwab are popular) Whoever you choose for your own account can help you rollover the funds without penalty. (Schwab helped me over the phone, it was pretty simple) More about rolling over a Roth 401K

6473

"Yeah but a lot of people wont see it that way. Most will read the headline Burger King to avoid US taxes and then wonder why BK isnt pulling their weight when they do business inside the US. Look at what happened when Walgreens tried this [Source](http://crooksandliars.com/2014/08/walgreens-wont-leave-usa-avoid-taxes) It didnt go over so well. Made them look unAmerican. I hate using that word but that is what it looks like.""the bulletin reported that Walgreens has decided not to “invert” the company’s nationality to become a Swiss company"" I have no idea if this will happen to BK."

6479

"Thank you for some specific issues, from a former member. I see the company I work at making similar motions, hopefully I can start saying things like ""look, here is how that played out at GE"" Currently I'm trying to push the idea of RACI here so we'll see if we can't actually start an improvement. Edit: and not in response to you, but it's amazing how much push back I got from the generic ""blame the execs"" crowd. Large org are different from family businesses. It seems like people feel it's like running a coffee shop."

6496

I agree with George. I'll also add that you have to think about the cost of melting the coins for their raw materials. Not exactly free in terms of equipment, facilities and energy costs.

6503

WE're talking about companies. Cooperate companies. What cooperate company is issuing bounced or fake checks to their employees that can also issue debit cards as payments? None. You're trying to split hairs between personal cashed checks and pay roll checks. They aren't the same at all. Payroll checks don't require a 3 day waiting period before the balance is moved to your account, personal checks that don't have a history of bouncing do.

6515

> A CFA is getting common but it might help - it probably won't hurt at least. MS and MBA's are dime a dozen compared to CFA's. If you want to move into trading/research/port mgmt, a CFA is as desired (and allows better networking opportunities via CFA societies) than a MS. Other than that, I will second the majority of what you said.

6518

A company would diversify in their investment activities. When a company begins acquiring other companies in vastly different industries, that is grounds for steering toward being a conglomerate. Amazon is not there yet bc the whole foods deal can mesh with their food e-commerce agenda, but Facebook and Google are def grounds at this point. And I 100% agree with you that tech is tightening, but also with crazy valuations. You are what the market says you are but some of these valuations are a little questionable AKA Snapchat lol

6526

Already did yesterday, to avoid the rush and holiday downtime. Received my email confirmations this morning, transfers in progress. I had just purchased this last one a wee bit over 2 months ago, so it was basically brand new. Also spread the word to other sites and web developers to make more people aware. As soon as transfers are complete, will send my email as to why they lost my business. Didnt want them to spit in my soup, so to speak.

6537

When coming to that conclusion, you only consider half of the facts. Yes, all money is debt. But what you miss is that there are other values and assets out there, not just money. These actually match each other to some degree. If the value of all these other assets grow at the same pace as the money supply, then there will be a balance. If one grows faster than the other, there will be inflation or deflation. At least there should be, which is the problem not understood.

6543

Simply transferring money you own from overseas to Canada will not mean you need to pay tax on it. However if you sell property at a profit - I.e. sell it for more than you paid for it - you may have to pay tax on any gains. This is true whether or not you transfer the money to Canada. Calculating the amount is quite complicated. You might consider getting a tax expert.

6568

And that is only if you start at Full Time, which is next to impossible. In a lot of cases, it can take employees 5-10 years to even get in a full time spot, especially in an older store where nobody leaves.

6569

As someone who has followed the world of beer (and wine) internationally for over two decades, I will argue with anyone that Vermont's Hill Farmstead is the best brewery operating anywhere in the world right now. I don't use the word lightly, but Shaun Hill is genuinely a genius when it comes to brewing. Vermont also has The Alchemist (which makes Heady Topper, my pick for the best DIPA in the world) and Lawson's Finest Liquids.

6573

Well, he can prove that that hiring manager asked the questions by testifying that he did. Sure, the company may counter the testimony if the hiring manager testifies that he did not ask the questions. Then, its up to the jury to decide whether to believe the plaintiff or the hiring manager. But, that's not an impossibility, that's a difficulty.

6574

Options are a derivative product, and in this case, derive their value from an underlying security, a traded stock. An option gives you the right, but not the obligation, to buy a stock at a given price (the strike price) by a given time (the expiration date.) What I just described is a call option. The opposite instrument is a put, giving you the right, but not the obligation, to sell the stock at a given price. Volumes have been written on the subject, but I'd suggest that for a custodial Roth, I'd not activate the ability to trade options. How to get started with options investing? offers a nice introduction to trading options. In my response, I offer an example of a trade that's actually less risky due to the option component.

6585

That’s exactly what many countries do, even going to far as to bake the data they want into their structure. Not doing well in middle school? Time to ship you off to trade school so you don’t take the standardized tests. I’m not saying that’s why they do it, I’m saying countries like Germany artificially look better than reality suggests.

6595

A 401k is pretty good, but it's not magic. Personally, I'd consider a 30k salary with a 401k and a 2k employer match less valuable than a 36k salary, let alone a 48k salary. If worried about retirement savings simply set up that IRA and put in the full 5.5k allowance.

6603

So much bullshit in this article: >In fact, libertarian writer Charles Murray once estimated that providing all unincarcerated Americans over the age of 21 with a **monthly check for $13,000** ($3,000 of which would fund their healthcare) would not only be sufficient enough to provide for their basic needs and help raise the poorest among them above the poverty line, but would also be less expensive than our current welfare state, which includes agricultural and corporate subsidies. There are 325 million americans. 73% are over 21, so that leaves 237 million. About 1% of adults are incarcerated, so were left with about 235 million. If you gave each one $13,000 that would cost $3 trillion. Or basically the entire federal budget. But wait, that's a *per month* figure. Per annum, that would cost $36 trillion. Please quit shit posting this UBI and do your fucking math homework.

6607

I would imagine that as a holder you will receive information in the post when it's made public, but I don't think it's been decided yet. This thread on the Motley Fool boards is keeping an eye on them - you might want to keep an eye on the thread.

6643

I did some research and I found a very interesting article that had exactly my case as an example ( person has an undergrad from a nice University in the relative field and wants to do a masters to get a job in a high tech company). Here is the source. Consider “Susan:” She has an undergraduate degree from the University of Washington in Computer Science, and is considering applying to a master’s program at UW or an equivalent program. She’s hoping afterwards to land a job at a top tech company. So far, she’s only been able to get jobs with startups and smaller-name companies. A master’s degree probably wouldn’t make sense for Susan. It might help her to land a job at a top tech company, but she could also do that by working at a startup for a year or two and spending some time developing her skill set through personal projects. If she did it that way, she’d probably be a lot richer in the end.

6649

"I can see apprenticeships making a comeback. I know of very few apprenticeships these days (I'm guessing most of them were replaced way back with certifications?) The most obvious one is Tattoo artists. To actually work at a tattoo place of business (not a dingy house basement), you must serve for a year under someone who is a legitimate, experienced tattoo artist. You will make half of what the tattoo is priced and the person getting the tattoo is well-informed of who is doing the tattoo. Sometimes they get a discount because of it. After a year, you are certified, and can begin working by yourself and setting your own rates, with a portion going to the business (you usually ""rent"" a room in a tattoo shop). I'm sure these standards vary depending on where you are, but with economics turning the way they are, I think apprenticeships can cover some of the downturn we are experiencing. I'm not sure how much it would cover, but it would cover something, however small. It also weeds out any dabblers who aren't serious and might otherwise produce terrible results."

6665

"You need to contact the institution that is holding your current account, have them sell your fund investment, and then close your account and send you a check for the balance. Then you can open an account directly with Vanguard (or call 800-319-4254). You don't need an account with an online broker unless you want to be able to invest in funds outside the Vanguard family. Fees will depend on the institution that you are currently using and the fund. With some funds you have to pay a ""load"" (percentage of your assets, in the neighborhood of a couple of percent) when you redeem shares. Your institution may charge you a fee for redeeming the fund (anywhere from $0/free to maybe $40 or higher). Some institutions will charge a fee for closing the account. (I've seen anything from $0/free to $40, but I haven't looked around in a while.) As MrChrister points out in a comment below, this is not the best method for an IRA. In that case, you'd want to make a transfer, and I'd recommend calling both your current institution and Vanguard (or wherever you end up transferring funds to) for forms and instructions on how best to do it."

6666

People have asked a lot of good questions about your broader situation, tolerance for risk, etc, but I'm going to say the one-size-fits-most answer is: split some of your monthly savings (half?) into the VEU Vanguard FTSE All-World ex-US ETF and some into VTI Vanguard Total Stock Market ETF. This can be as automatic and hassle-free as the money market deposit and gives a possibility of getting a better return, with low costs and low avoidable risk.

6681

> Amazon yet to show any real issues in handling loads of traffic all at once. I've seen Amazon falter due to high demand before. Last major event I was aware of was the HP Touchpad fire sale, all but took down their site for an hour-ish.

6692

Russia current account. https://tradingeconomics.com/russia/current-account US current account https://tradingeconomics.com/united-states/current-account Russia balance of trade https://tradingeconomics.com/russia/balance-of-trade US balance of trade https://tradingeconomics.com/united-states/balance-of-trade Forex reserve by country https://en.wikipedia.org/wiki/List_of_countries_by_foreign-exchange_reserves List of country by oil import size. https://en.wikipedia.org/wiki/List_of_countries_by_oil_imports . If I have to make a wild guess, country with huge deficit everything and no saving usually sinks faster in time of crisis.

6701

Don't know the name but it means you're long with conviction :P Unlimited gains, maximum loss of 95$ + (8-6) = 97$. Basically You are long @ 107 - -2 from 105 to 95. You would have to be ULTRA bullish to initiate this strategy.

6703

What source said the Fed considers them retired? And you know $2 trillion of that is mortgage backed securities. No one seems to have told the homeowners their mortgages are forgiven as I haven't seen the block parties for that.

6731

"Now today I received another refund in the same amount for the same property. What can legally happen if I cash it? Legally the money is not yours. The best course for you is to return the check via certified mail, notifying them that you were already paid. Just because someone made an error, does not mean the money belongs to you. If you don't and rather cash the check; sooner or later depending on the amount, it would be found out by the company as part of reconciliation/audit; they will/can then demand the same back from you. It is up to the company to decide if simply refund is sufficient; or refund plus some interest or start a legal proceeding against you as ""intentional theft""."

6735

Supplier prints are a huge challenge. Every revision release is a pain in the ass and like you said you have no idea what their process capabilities or tooling constraints are. We pretty much only use them for commoditized parts where just about any supplier can make it the same exact way. Boeing did a bad job of supplier development. I'm sure the Apollo purchasing group didn't just wait for parts to hit the dock before finding out that they were nonconforming. A lot of times these problems are more of a cultural issue than a technical shortcoming.

6751

Their argument is mostly nonsense. Take someone like Tim Cook, CEO of Apple. He has a not very large salary, and makes a lot more money through stock bonuses. You would never, ever expect him to buy Apple shares. And assuming that he doesn't want to end up one day as the richest man in the cemetery, you would expect him to sell significant numbers of shares, independent on whether he expects Apple to go up or down.

6760

"***JamieJBartlett***: >[2012/10/22][17:30:33] >[[Translate]](http://translate.google.com/#auto|auto|At 34,798 words, PayPal%27s terms and conditions are 4,000 words longer than Hamlet. %22Brevity is the soul of wit%22. %28Act II, scene II%29 'google translate this tweet'): At 34,798 words, PayPal's terms and conditions are 4,000 words longer than Hamlet. ""Brevity is the soul of wit"". (Act II, scene II) [[This comment was posted by a bot][FAQ]](http://www.reddit.com/r/tweet_poster/faq 'tweet_poster')[[Did I get it wrong?]](http://www.reddit.com/message/compose/?to=tweet_poster&subject=Error%20Report&message=[Oops!](http://reddit.com/r/business/comments/11wkuv\)%0d%0dPlease leave the subject and this link unaltered, but feel free to add a description here. 'report an error')"

6765

Is it standard for a bank to need the cheque to cancel it? (what about if it was intercepted, surely you can cancel before you're plundered?) Generally it makes life easy for the Bank. They can physically see the cheque and are assured that it has not been cashed. Bank can put a hold / stop on the cheque. However given today's Banking it is complex with multiple systems and specially with international clearing taking months ... the cheque could have been cashed and the Bank that issued may only get to know about it month later. Is there any way to bypass this? Best is for your friend to correspond in writing. The rejection email from your Bank should also go into the communication. And follow-ups every 15 days all in writing. Generally after tons of follow-up Banks would pay it off.

6771

Conceptually, yes, you need to worry about it. As a practical matter, it's less likely to be exercised until expiry or shortly prior. The way to think about paying a European option is: [Odds of paying out] = [odds that strike is in the money at expiry] Whereas the American option can be thought of as: [Odds of paying out] = [odds that strike price is in the money at expiry] + ( [odds that strike price is in the money prior to expiry] * [odds that other party will exercise early] ). This is just a heuristic, not a formal financial tool. But the point is that you need to consider the odds that it will go into the money early, for how long (maybe over multiple periods), and how likely the counterparty is to exercise early. Important considerations for whether they will exercise early are the strategy of the other side (long, straddle, quick turnaround), the length of time the option is in the money early, and the anticipated future movement. A quick buck strategy might exercise immediately before the stock turns around. But that could leave further gains on the table, so it's usually best to wait unless the expectation is that the stock will quickly reverse its movement. This sort of counter-market strategy is generally unlikely from someone who bought the option at a certain strike, and is equivalent to betting against their original purchase of the option. So most of these people will wait because they expect the possibility of a bigger payoff. A long strategy is usually in no hurry to exercise, and in fact they would prefer to wait until the end to hold the time value of the option (the choice to get out of the option, if it goes back to being unprofitable). So it usually makes little sense for these people to exercise early. The same goes for a straddle, if someone is buying an option for insurance or to economically exit a position. So you're really just concerned that people will exercise early and forgo the time value of the American option. That may include people who really want to close a position, take their money, and move on. In some cases, it may include people who have become overextended or need liquidity, so they close positions. But for the most part, it's less likely to happen until the expiration approaches because it leaves potential value on the table. The time value of an option dwindles at the end because the implicit option becomes less likely, especially if the option is fairly deep in the money (the implicit option is then fairly deep out of the money). So early exercise becomes more meaningful concern as the expiration approaches. Otherwise, it's usually less worrisome but more than a nonzero proposition.

6811

I think that *all* Washington Post articles that mention Amazon or Bezos include that ownership disclosure statement - it's form, no particular significance here. That said, I agree with you on both points: > I am leaning more towards the belief that Amazon registered for the patent to keep other competitors from using such a system > this is a very ominous and scary technological innovation I love innovation, but it's not always *used* well. This patent describes a bad use: spying on someone's communications to gain an economic advantage over them. (In the sense that if you are effectively discouraged from comparison shopping and pay a higher price than you would otherwise, they are advantaged to your detriment - potentially even without your knowledge.)

6826

Generally Google gets their data, directly from the exchanges (Nasdaq, NYSE). This is really expensive -- tens of thousands of dollars a month just for the license from the exchange, and lots of telecom costs on top of that.

6851

I think you take some pretty big liberties assuming I think people deserve failure. If you assume I think that, please note that this speaks more to how you view people who are not wealthy than I do. That aside, I think you're using lucky in a way that most people do not in this instance. Is it lucky to eventually achieve a reasonable goal with decades of consistency? Sure, in the ways that I mentioned - nuclear war didn't break out, no fatal traffic accidents happened, etc. Do you think that is what people usually mean when they say people who have more money are just lucky? Or do you think they use the term lucky to mean there is no merit basis for the difference? Side note - I'm not saying everyone with money has it because of merit any more than I am saying everyone without money deserves to be broke. If anything, I'm disagreeing with the semantics used to discuss wealth and income disparity, partly because it is divisive.

6856

I have had more than 1 co-worker tell me that they were right because they were 40-50 and because I am younger, I was wrong. One guy in my office, and another was a VP in corporate headquarters. Got to love the tyrannical logic of higher age = correct.

6871

Business mentors ensure viability through holistic assistive orientations for startups in deliberates on the significance of startup advisor services by business consultant firms.They guide the new ventures by helping them adopt the best practices and avoid the bad decisions.For More Info:- http://www.startupmentor.co.in/

6872

Thanks for the post, these are good insights. I've found most of my personal success looking for work by way of the burgeoning technical recruiter industry - they know a bit more than an HR 'bot', either mechanical or human (haha), about the reality of technical requirements for a job and are able to find you if you just know where to place yourself. Getting solicited for a job by way of your LinkedIn profile is a much easier way of finding work than the futile carpet-bombing of large corporate HR machines, no doubt.

6881

While others have made a good case for how you may want to save and spend I just want to take a moment to comment on Acorn and Robinhood. Having never used either of them, I would stick to the seasoned professionals for my long term investment relationship. I'm sure they have the right licensing and proper SIPC coverage etc, but I wouldn't, personally, trust my money to an entity that's almost entirely funded by venture capital. I would stick to a company that exists and is profitable on it's own. All of the major brokerage houses (Vanguard, Schwab, ETrade, Scottrade, etc) in the US give account holders access to a list of ETFs and Mutual Funds with zero load on deposits, no or low minimum account balances, no or low investment minimums, and no commissions. With access to these no cost options, I wouldn't waste time with an entity that exists because of it's investor fund raising abilities.

6882

In the US, a surviving family member that inherits the entire property may also assume the mortgage. If the new mortgagee fails to uphold the terms of the mortgage (i.e. make timely payments), the mortgagor can begin foreclosure proceedings. There is generally no requirement to pay off the mortgage quickly. This is obviously the simple case where one person inherits the entire property. If the estate is split and no one person inherits the house, or if the house is left to a non-relative, things get more complicated. Effectively in that case the house is either sold to pay off the mortgage or the inheritor needs to take out a new mortgage to pay off the old one.

6886

I'd recommend LinkedIn instead for this purpose. I'm an admin for a business page on both platforms and in the US, Facebook is highly competitive paying little attention to group affiliates, more focused on consumers or prospects. You are lucky to even get a like from a vendor. LinkedIn however has groups directly associating B2B.

6891

Were capital gains taxes not lower, companies would have an incentive to minimize the portion of the value they create that materializes as capital gains. They would do this by using more debt financing (since interest is deductible) than equity financing. This would have a destabilizing effect on the economy. Low capital gains taxes help encourage investment over spending. This is believed to improve economic growth. Given these factors, it is generally believed that the current capital gains tax rate is very close to the optimal rate. That is, a higher tax rate would not result in greater tax revenue. Bluntly, a higher income tax rate on earned income does not really discourage people from working harder and earning more money. But a higher rate on capital gains does discourage investment. Essentially, it's because investment is more discretionary.

6902

Why is this comment downvoted? Guy might be new to finance and asked a legitimate question. No need to be just as cancerous as gaming subreddits are, I thought I could expect a mature audience here. Instead I see that a whole bunch of you are elitist jerks.

6918

">If there aren't enough seats in the classrooms, some people will be left without the college education they want, no matter how the financing is provided. I'll grant you this, but we can always produce more classrooms. Let's use your loan example. If I take out a college loan it represents the value of some other asset, and the lender's belief that I will later be able to compensate the lender for giving up that asset. Just as we could price the value of the hunter's demise, we can price the value of a student's failure or success. If the student has delivered in the past (good grades, high productivity), then we can reliably price the cost of her college education. In a very real way, she has ""created"" her own seat in the classroom right now by promising to pay for it in the future. And we can rely on this promise on the basis of her past performance. I won't get into whether this is reliable or even desirable. Just as we priced the value of the hunter's non-performance/demise, we can price the student's non-performance/default. We can build this into the cost of the loan, or spread the cost out among all the other loans we give."

6922

Silly Investors . . . Goldmans strategy is to place people in the [Treasury, the Fed and the Sec](https://www.reuters.com/article/us-usa-sec-cohen/sec-taps-goldman-executive-as-senior-policy-advisor-idUSKCN1BC5CP) and then fuck everybody in the Ass Everywhere you look its Goldman . .I think North Korea ought to Target Goldman and Kim would be a hero for rescuing the American people from generations of debt and slavery Kim!!! Kim!! Kim!! save us . .we are on food stamps

6936

"Hah! Edit: to elaborate, markets are closed. Unless your firm made a bunch of moves before EOD Friday, there's very little they can do to avoid the bloodshed (if there is any after the vote on Sunday) come Monday morning. Not to mention most 401k funds have contractual limits placed on them in terms of how much they can do in terms of buy/sell actions in a given window of time - usually that's a good protection, however in ""outlier"" occurrences it's a really, really bad thing. Now, if you're in it for the long haul (in your 20s-early 30s) it's no big deal (yes, you'd be better off in a panic if you divested, but short-term drops are somewhat built into the long-term model). If you're about to retire I'd be really, really nervous."

6978

Hotel Mini Punjab near Choudhary Cranes Farmagudi Goa India, Enjoy Family fun, business and leisure Stay Goa, Laundry facility, bar & Pub, best on-site restaurant with indoor and outdoor(lawn) sitting near vithal Nivas Goa, Lodging & Boardings Facilities near Ridhi plaza Goa, modern rooms Booking Goa

6990

You should check out existing resources like Investopedia for definitions, and ask questions if there is something you do not understand, instead of asking folks to spit out definitions. A good book for you to read might be Wall Street Words

7024

I wish congress would consider just adding a lower cost, government managed option by perhaps allowing some to buy into medicare instead of being forced to purchase from a for-profit company. Also, the government needs to be allowed to put a lid of drug prices for change the law requiring them to simply pay whatever price anyone can dream up.

7046

"diamonds are intrinsically worthless this is simply wrong. (1) Diamonds that are sold for anything less than, oh, let's say $5000 at original retail - are indeed utterly, totally, completely worthless. It is simply ""one of the great scams"". Their real ""price"" is maybe ""five bucks"". End of story. There is no secondary market. Literally - ""end of story"". If you buy a ""diamond"" lol for ""$2000"" to impress your loved one, you can not then ""sell it"" for any amount of money. It is: worthless. Once again: simple, undeniable fact. the diamond you bought for 2 grand cannot be resold. Ir's worthless. (OK, maybe you can get 100 bucks for it, something like that. Or, you can scam someone clueless, and get 200 bucks.) (2) However actual ""investment"" stones do in fact have a value - if somewhat fragile. Example, a few years ago I sold a stone for 30 thousand. That was a ""real"" price and it was quite liquid - I was within days able to find a buyer. (A dealer - he would have then sold it on for 35 or whatever.) I have never dealt in stones over six figures, but I'm fairly certain those are ""real"" valuable objects: just like paintings by name artists. (However: yes, the line between ""laughable diamonds"" and actual investment stones, is indeed moving ever upwards.) (Note - the ""elephant in the room"" with diamonds is that GE's industrial process for simply making utterly flawless diamonds, starting with carbon, is getting better every decade.) (A second overwheleming point that nobody has mentioned: diamonds get beat-up. Regarding ""engagement ring diamonds"", a used one is exactly as useless as a used car. It's crap. Just as with $200,000 picassos, this concept does not apply to ""actual investment stones"".) Note that many of the comments/arguments on this page are very confused because: people are not distinguishing between the (ROFL) ""engagement ring scam market"" and the rarefied ""investment gem market"". The two things are utterly different. Yes, ""engagement ring diamonds"" are an utter scam, and are simply: ""worthless"". The fundamental, basic, overwhelming scam in today's business/social universe is: ""engagement diamonds"". Yes, the price is only due to marketing/monopolies etc. Elephant in the room A: GE's technology can - end of story - manufacture diamonds. (Starting with ""pencil leads"".) End of story. It's all over. Elephant in the room B: folks forget that diamonds get beat-up, they are just like used cars. Regarding ""engagement-ring diamonds"", nobody has ever, or will ever, bought a used one. Simple, utterly undeniable fact: regarding ""engagement ring diamonds"". they have: zero value. You cannot resell them. End of story. If you buy a house, you can resell it. If you buy a car, you can resell it (at a spectacular loss). If you buy a picasso, you can resell it (almost always making a huge profit). If you buy an ""engagement ring diamond"", it is worth: nothing. Zero. Nada. strictly regarding investment stones, which is a distinctly utterly different market. This market has no connection, in any way, at all, even vaguely, it is utterly unrelated, to ""engagement ring diamonds"". You can in fact buy and sell these items - very much like say ""art"" or ""mid century antiques"", and make money. This market just has utterly no connection to the whole ""engagement ring diamonds"" scam system. Say you buy wine at the supermarket, for 5 to 100 bucks a bottle. If you think that the ""wine"" thus bought, has a secondary market, or you can invest in it or something: you have lost your mind. In total contrast: Yes, although totally flakey, there is indeed an ""investment wine market"" which is real and reasonable. I for example have made some money in that. (I have a great anecdote even - I had one cellar of wine in burgundy, which could have been sold for, say, 30 grand - but we drank it :) ) Again, the (somewhat bizarre) actual market in investment wine, just has to ""buying wine in the supermarket"". To further the analogy: wine prices in the supermarket / your (ROFL) wine dealer, from 5 to 100 bucks, are just: utterly laughable. Utterly. Laughable. Much as folks sit around, and decide on ""label designs"", they sit around, and decide on ""price points"". There is, utterly, no difference between $5 and $100 grape juice rofl ""wine"". The price difference is simply a marketing decision: at best, you can think of it as a Velbin good. ... exactly the same applies to ""engagement ring diamonds""."

7066

Check Buxfer here are the details about the API: http://www.buxfer.com/help.php?topic=API

7073

Well they way I see it, if there were no Taxes and nobody had to pay taxes, that would be a fair argument, but it seems we have to pay taxes because the rich and powerful feel that the country they live in should be nice and pretty and safe, and should have education and medical care. I totally and whole wholeheartedly agree, provided they pay proper taxes and not try and steal my money.

7074

In my IRA I try to find stocks that are in growing sectors but have are undervalued by traditional metrics like PE or book value; I make sure that they have lower debt levels than their peers, are profitable, and at least have comparable margins. I started trading options to make better returns off of indices or etfs. It seems overlooked but it's pretty good, in another thread I was telling someone about my strategy buy applying it to thier portfolio: https://www.reddit.com/r/options/comments/77bt17/ive_been_trading_stocks_for_a_year_and_am/dolydu8/?context=3 I double checked, I told him/her I would buy the DIA Jan 19 2018 call 225 for 795. 8 days later it's trading for 1085. Nearly 50% in a week. It'll never be 300% earnings returns, but I'm happy to take it slow. Shorting is a very different animal it takes a lot to get things right.

7094

The fact that you want to look for a home within the next 2 years (and the lack of 401(k) match) leads me to suggest saving for the house as top priority. A VA loan for that purchase. The VA loan has a very low up front fee, but a new home is always going to come with expenses that can add up. Better to have as much liquidity as you can. If you have a lot of cash after the move in and furnishings, it won't be tough to choose a high savings rate to jump start the retirement plan. Thank you for your service.

7119

Im not sure if this still holds true but when i asked my dad the same question years ago he said Aldis pays for everything up front no debt therefore they are able to get a better price since the money is guaranteed

7142

REally, don't let this ruin your traveling to the usa. I fucking hate the tsa thugs, but one thing about them is that you can actually refuse to go through the porn scanner, and then they will do the pat down, but the pat down is really nothing; Try that shit in London and you'll probably be banned from boarding the plane. Also, it helps to strike up a conversation with the TSA thug who is doing the pat down. I've been chosen a few times and I start the ordeal with, 'having a rough day'? And really, it hasn't been bad at all. Yes, pain in the ass, but you shouldn't let that stop from visiting the USA.

7170

"An answer can be found in my book, ""A Modern Approach to Graham and Dodd Investing,"" p. 89 http://www.amazon.com/Modern-Approach-Graham-Investing-Finance/dp/0471584150/ref=sr_1_1?s=books&ie=UTF8&qid=1321628992&sr=1-1 ""If a company has no sustained cash flow over time, it has no value...If a company has positive cash flow but economic earnings are zero or less, it has a value less than book value and is a wasting asset. There is enough cash to pay interim dividends, bu the net present value of the dividend stream is less than book value."" A company with a stock trading below book value is believed to be ""impaired,"" perhaps because assets are overstated. Depending on the situation, it may or may not be a bankruptcy candidate."

7174

I don't know about Jeff Bezos in particular but, in general, and with a a few other notorious exceptions like Warren Buffet, billionaires also have incomes (salary, dividends, fees to seat on various boards of directors, etc.) in the millions, not the tens of thousand. That's typically still much lower than their wealth but certainly enough to sustain a comfortable lifestyle. However it's still true that some billionaires have so much of their wealth tied up in a single corporation that they could not practically get it all out at once, if they ever wanted to. But they can still typically sell at least some shares, which is exactly what Jeff Bezos has done to buy the Washington Post for example.

7176

I skimmed the paper rather quickly. It's interesting I guess, but if you haven't taken a junior level college course in finance you'll be lost. I fail to see any actionable advice from the article however. It simply goes over how pretty much how most of how we perceive WACC, Betas, and Equity Premiums are wrong. We are wrong in their actual definitions and we are wrong in how they are calculated. I'm disappointed the author did not propose a solution though. Even if he is right, you can't rewrite 'wrong' textbooks if you have no idea what the right answer is.

7181

"I wasn't comparing Baltimore to Owsley County Kentucky, I was making two separate points. One with each data point. You can play this game until infinity. ""National numbers mean nothing because there are too many States involved"" ""State numbers cannot quantify anything because cities differ so much"" ""Cities cannot be grouped together as one is side of town is rich and the other poor"" ""That neighborhood cannot be generalized because one street has houses that are run down"" We are going to be talking protons soon..."

7192

"You are not smart. The average person works more than 25 years. And because it's an average earnings increase, OF COURSE EVERYONE DOESN'T REACH IT. By the way, the greatest predictor of a person not reaching it is that person getting a liberal arts degree. And since you seem to want to do baseless math, I'll let you go ahead and decide how much the other 10% has to make in order for it to be true. The point is that if you go to college, particularly to get a more valuable degree, you are making an astoundingly good investment. Are there exceptions? Absolutely. There are always exceptions. That doesn't disprove the facts. Go look at the actual statistics by major or career. Don't bring this, ""I'll bet"" nonsense into the argument as if it proves anything."

7208

Some other suggestions: Index-tracking mutual funds. These have the same exposure as ETFs, but may have different costs; for example, my investment manager (in the UK) charges a transaction fee on ETFs, but not funds, but caps platform fees on ETFs and not funds! Target date funds. If you are saving for a particular date (often retirement, but could also be buying a house, kids going to college, mid-life crisis motorbike purchase, a luxury cruise to see an eclipse, etc), these will automatically rebalance the investment from risk-tolerant (ie equities) to risk-averse (ie fixed income) as the date approaches. You can get reasonably low fees from Vanguard, and i imagine others. Income funds/ETFs, focusing on stocks which are expected to pay a good dividend. The idea is that a consistent dividend helps smooth out volatility in prices, giving you a more consistent return. Historically, that worked pretty well, but given fees and the current low yields, it might not be smart right now. That said Vanguard Equity Income costs 0.17%, and i think yields 2.73%, which isn't bad.

7237

Trump is 100% correct! The Washington Post, owned by Jeff Bezos of Amazon, loses money, which is used as a deduction, to screw the public on low taxation for Amazon! Typical tax shelter + political gains for Jeff Bezos to spread fake news about Trump.

7241

Here at The Pet Glider, we pride ourselves in providing a range of top-quality supplies sugar glider owners the world over can use to spoil their lovable furry friends. In March, we launched a new promotional offer designed to benefit everyone who is looking to welcome a new pair of sugar gliders into their homes and into their lives.

7243

Normally interest only mortgages are taken incase one planning to sell off the property after a few years and purchase of the property is for investment. In such a case instead of burdening oneself with a huge EMI, one opts for an interest only mortgage, and towards the end of the term, sell off the house at profit and repay back the entire principal. I am not to sure if interest only mortgages are encouraged for properties you plan to live in. Although I do not know about the ING scheme, normally there is no prepayment option on interest only mortgages, its Bank way of earning a fixed income for the contracted period and thats the reason why the interest rates are lower than a regular mortgage. If you do the math, you may be paying more in total interest than on a regular mortgage.

7311

Which way would save the most money? Paying of the car today would save the most money. Would you borrow money at 20% to put it in a savings account? That's effectively what she is doing by not paying off the car. If it were me, I would pay off the car today, and add the car payment to my savings account each month. If the car payment is $400, that's $1,500 a month that can be saved, and the $12k will be back in 8 months. That said - remember that this is your GIRLFRIEND, not a spouse. You are not in control (or responsible for) her finances. I would not tell her that she SHOULD do this - only explain it to her in different ways, and offer advice as to what YOU would do. Look together at how much has been paid in principal and interest so far, how much she's paying in interest each month now, and how much she'll pay for the car over the life of the loan. (I would also encourage her not to buy cars with a 72-month loan, which I'm guessing is how she got here). In the end, though, it's her decision.

7323

You want to take the hit now. There are tons of calculators out there, but the rule of 70 should be enough to help convince you: Assume you can put an extra $10k in a 401k now, or keep it. If you pay ~30% in taxes, you can have either: A) $7k now, or: B) What $10K will grow to in your 40 years till retirement less taxes at the end. The rule of 70 is a quick, dirty way to calculate compounded returns. It says that if you divide 70 by your assumed return, you get the approximate number of years it will take to double your money. So let's say you assume a 5% rate of return (you can replace that with whatever you want): 1) 70/5 is 14, so you'll double your $10k every 14 years. 2) In 40 years, you'll double your money almost 3 times (2.86) 3) That means you'll end up with almost $80k before taxes 4) Even if we assume the same tax rate at retirement of 30% (odds are decent it's lower, since you'll have less income, presumably), you still have $56k. Whatever you think inflation will be, $56k later is a LOT better than $7k now.

7332

"It all has to do with risk and reward. The risk is that interest rates will rise. To entice you to go with the variable, they make it so it is cheaper if interest rates never rise. Your job is to guess whether interest rates are likely to go up or not. In a first approximation, you should go fixed. The bank employs very smart people whose entire job is to know whether interest rates will go up or not. Those people chose the price difference between the two, and it's sure to favour the bank. That is, the risk of extra payments you'll make on the variable is probably more than the enticement. But, some people can't sleep at night if their payments (or more realistically, the interest part of their payments) might double. If that's you, go fixed. If that's not you, understand that the enticement actually has to be turned up a bit, to get more people to go variable, because of the sleeping-at-night feature. Think long and hard about your budget and what would happen if your payment jumped. If you could handle it, variable might be the better choice. Personally, I have been taking ""variable"" on my mortgage for decades (and now I don't have one) and never once regretted it. I also counselled my oldest child to take variable on her mortgage. Over this century so far, if rates ticked up, they didn't tick up to the level the fixed was offered at. Mostly they have sat flat. But if ever there was a world in which ""past performance does not predict future results"" it would be interest rate trends. Do your own research."

7391

Well, if you only own the option, you are only limited to loosing the premium. With futures, at least with the brokers I talked to, most of the time you need to sign a margin contract just to trade futures. I don't want to go into debt, and I don't think I would do too well to be fairly honest. I am a college student, and want to limit my risk, and so just trading the option would help me get access to the commodity markets without having to get margin like many brokers want me to do. I am not trying to do any hedging or anything (which I am aware you can do). All I want to do is do an inflation trade, and I believe commodities are the best way. To me honest, if I had my way I would just buy and hold, and that is the strategy I want to emulate closest, even though I know I can't hold it forever. Basically, I want to avoid debt, but still trade commodities.

7399

I have read in many personal finance books that stocks are a great investment for the long term, because on average they go up 5-7% every year. This has been true for the last 100 years for the S&P500 index, but is there reason to believe this trend will continue indefinitely into the future? It has also been wrong for 20+ year time periods during those last 100 years. It's an average, and you can live your whole career at a loss. There are many things to support the retention of the average, over the next 100 years. I think the quip is out of scope of your actual investment philosophy. But basically there are many ways to lower your cost basis, by reinvesting dividends, selling options, or contributing to your position at any price from a portion of your income, and by inflation, and by the growth of the world economy. With a low enough cost basis then a smaller percentage gain in the index gives you a magnified profit.