ode2k noted the liquidity can very wildly especially 9 months out and there will be little volume even in the largest stocks.  Victor noted standard measures of liquidity don't always apply cleanly to options as they are priced using a hybrid of model and market inputs.  So your question is generally very hard to answer on SE, but you can get an answer yourself without too much trouble. The best way to get a feel for slippage in your case is to just get quotes.  Most systems should let you get a quote for both buying and selling options at the same time.  This will give you a feeling for how much you are paying in spread.  Do the same for near dated options to get a feeling for spread size when you end up selling. You should factor in some widening of spreads at bad times, but this should get you a feeling for the scale of the slippage problem.


"What is even more disturbing is the loss of navigational ability. People who dont ever have to drive without the aid of a machine lose their sense of direction. Everyplace in some parts of the country just stops having any deeper, contextual meaning. ""This is where so and so lives"" or ""This is where I skinned my knee in that bike accident when I was 12."" to them its might as well be basically a procedural landscape that was generated in a video game.   If people ever watched the Truman Show where every two miles everything- all the stores on the corners, they just start to repeat. In the land of stripmalls, since everything looks the same everywhere, they have no sense of where they are. People might ""go home"" and even go into the wrong house."


If you're so passionate about it you should have brought the case initially. If you hate the attorneys fees you should have gone to law school for 3 years (borrowed $150k to do it) then passed the bar and litigated this suit yourself with your own $2 million to fund it.


The way reddit works so well with news proves that news sites don't have to organize themselves around huge profit and centralized reputation. The quality of journalism will probably suffer if the current businesses go belly up but then I compare late 2000's youtube channels with how highly-professional most youtube channels are becoming now and I realize that these disruptive processed take a little time.


An instant 15% profit sounds good to me, so you can't go wrong selling as soon as you are able. Here are a couple other considerations: Tax implications: When you sell the stock, you have to pay taxes on the profit (including that 15% discount). The tax rate you pay is based on how long you wait to sell it. If you wait a certain amount of time (usually 2 years, but it will depend on your specific tax codes) before you sell, you could be subject to lower tax rates on that profit. See here for a more detailed description. This might only apply if you're in the US. Since you work for the company, you may be privy to a bit more information about how the company is run and how likely it is to grow. As such, if you feel like the company is headed in the right direction, you may want to hold on the the stock for a while.  I am generally wary of being significantly invested in the company you work for. If the company goes south, then the stock price will obviously drop, but you'll also be at risk to be laid off. As such you're exposed much more risk than investing in other companies. This is a good argument to sell the stock and take the 15% profit.*  * - I realize your question wasn't really about whether to sell the stock, but more for when, but I felt this was relevant nonetheless.


Yes, that's correct.


Apricot maltipoo puppies are the most wonderful pet dog that you can have with the confidence of having the best one.  They are awesomely wonderful and adorably petite and attractive to look at. This breed enjoys a tremendous popularity among the dog lovers and makes for a perfect pet to cuddle up.


Could you talk to the company you currently work for and see what your boss recommends? She or he would probably have a deep understanding of the corporate structure and would be able to help you figure out your path since they know you personally.


Nah... I think it's important for everyone to know just how fucked up the US judicial industrial complex actually is...  ...that way they don't get too surprised when it actually gets around to screwing them on a personal basis.


On $4K/mo gross about $1000/mo can go to the mortgage, and at today's rates, that's about $200K of mortgage the bank might lend you.  Income is qualified based on gross, not net, so if $48,000/yr is wrong, please scale my guesstimate down a bit. In the end, today's rates allow a mortgage of nearly 4X one's gross income. This is too high, in my opinion. I'm answering what the bank would approve you at, not what I think is wise. Wise, in my opinion is 2.5-3X one's income, tops.


"I'm assuming that by saying ""I'm a US resident now"" you're referring to the residency determination for tax purposes. Should I file a return in the US even though there is no income here ? Yes. US taxes its residents for tax purposes (which is not the same as residents for immigration or other purposes) on worldwide income. If yes, do I get credits for the taxes I paid in India. What form   would I need to submit for the same ? I am assuming this form has to   be issued by IT Dept in India or the employer in India ? The IRS doesn't require you to submit your Indian tax return with your US tax return, however they may ask for it later if your US tax return comes under examination. Generally, you claim foreign tax credits using form 1116 attached to your tax return. Specifically for India there may also be some clause in the Indo-US tax treaty that might be relevant to you. Treaty claims are made using form 8833 attached to your tax return, and I suggest having a professional (EA/CPA licensed in your State) prepare such a return. Although no stock transactions were done last year, should I still   declare the value of total stocks I own ? If so what is an approx. tax   rate or the maximum tax rate. Yes, this is done using form 8938 attached to your tax return and also form 114 (FBAR) filed separately with FinCEN. Pay attention: the forms are very similar with regard to the information you provide on them, but they go to different agencies and have different filing requirements and penalties for non-compliance. As to tax rates - that depends on the types of stocks and how you decide to  treat them. Generally, the tax rate for PFIC is very high, so that if any of your stocks are classified as PFIC - you'd better talk to a professional tax adviser (EA/CPA licensed in your State) about how to deal with them. Non-PFIC stocks are dealt with the same as if they were in the US, unless you match certain criteria described in the instructions to form 5471 (then a different set of rules apply, talk to a licensed tax adviser). I will be transferring most of my stock to my father this year, will   this need to be declared ? Yes, using form 709. Gift tax may be due. Talk to a licensed tax adviser (EA/CPA licensed in your State). I have an apartment in India this year, will this need to be declared   or only when I sell the same later on ? If there's no income from it - then no (assuming you own it directly in your own name, for indirect ownership - yes, you do), but when you sell you will have to declare the sale and pay tax on the gains. Again, treaty may come into play, talk to a tax adviser. Also, be aware of Section 121 exclusion which may make it more beneficial for you to sell earlier."


In independent blind testing the Aldi private brands always perform very well. Just because something has a brand name that you know does not mean that it has to have high quality.  The Aldi brands are of course also only off-brand until you become used to them.


This study fails to note that a higher minimum wage is a significant factor in the stronger seattle economy, which they conveniently cite as the dominant factor in higher earnings. You can separate the two and identify which is the primary effect, but not with their methodology.


Separate from some of the other considerations such as the legality, it is likely going to be worth your will if you employer has company matching even if you have to pay the early withdraw penalty because the matching funds from your employer can be viewed as gains on the money deposited. For example, using round numbers to make the math easy: No 401(k) Deposit With 401(k) Deposit So as you can see there is a benefit to deferring some of the earnings to the 401(k) account due to the employer matching but the actual dollar amount that you would be able to take home will be different based upon your own circumstances. Depending upon what the take home would be at the end of the day the percentage return may or may not be worth the time involved with doing the paperwork. However, all of this only applies if you have to pull the money out early as once you hit 59.5 years old you can start withdrawing the money without the tax penalty in which case the returns on your initial deposit will be much more.


Softbank was really outclassed by Docomo a few years back until they became partners with Apple and the iphone.  At first, Softbank couldn't give the phones away.  But now they hold a much bigger market share because of the iphone.  I still loves me some Docomo and the Galaxy III though.  Unfortunately none of my friends have the same opinion :(


Assignment risk. In your example, if someone exercises OTM call, your account could be assigned. In that case, if you do nothing, you could lose more money than there is in the account. The broker won't do it for you because there is more than one way to handle the assignment. For example, you might choose to exercise the long call, or buy a different call and exercise that. Selling the long call may be enough to satisfy any resulting margin call.


Ah!  The old “Taxes are stealing” rhetoric that fails to account for social contracts, the need for a consistent and uniform infrastructure, and the realization that most of what you rely on is based on the belief that people should work together “for the common good”, rather than exist as small bands of financial “bandits”, stealing from anyone they can for access to the resources they guard.  You call the government a thief, yet you strive to turn everyone into thieves.  The hypocracy is palpable.


what I'm saying is my meager 1600 gain could have incurred an extra $170 in taxes if there was no capital gains tax.  It's basic math, not rocket science.  that's just the numbers at my current tax bracket(25%) which isn't that high.  I seriously don't get how you can't understand basic numbers and the fact that the capital gains tax is a huge advantage for a small time investor like me.


What are the risks, if any The risks are exemplified by the outcomes presented on this website, including: There's a chance you will end up paying large mortgage payments on a house occupied by an ex-friend and paying large amounts of money to lawyers to try and get things straightened out. You could come out of it a lot poorer and with your credit rating wrecked.


In addition to Rocky's answer, and IF you have already saved an adequate emergency fund, then best way to increase your wealth (not your income) is to invest your extra money. If you have no extra money then you need to lower your expenses or work towards getting better income. They aren't really any tricks to this, but there are some tips that may help:


How about just stop buying stuff?


I studied Economics through my second last year at school, by correspondence. Nothing my teacher sent me, or any amount of Google usage, gave me as deep an insight into how this whole thing actually works.  Joined just to say thank you, kind sir.


Im thinking the same thing. It's better he find out from me than when they call him. I'm just afraid of something crazy happens and this offer is rescinded or falls through, that I'll be stuck there again, with my boss knowing I'm trying to leave.


Make sure you can really do what you plan on doing: Look at the maximum loan length and the maximum loan amount.   From the IRS- retirement plans faqs regarding loans A qualified plan may, but is not required to provide for loans. If a   plan provides for loans, the plan may limit the amount that can be   taken as a loan. The maximum amount that the plan can permit as a loan   is (1) the greater of $10,000 or 50% of your vested account balance,   or (2) $50,000, whichever is less ... A plan that provides for loans must specify the procedures for   applying for a loan and the repayment terms for the loan. Repayment of   the loan must occur within 5 years, and payments must be made in   substantially equal payments that include principal and interest and   that are paid at least quarterly.  Loan repayments are not plan   contributions. The referenced documents also discuss the option regarding multiple loans, and the maximum amount of all active and recent loans  Having a 401K loan will still count against the maximum amount of monthly payments you can afford. Also check the interest rate, and yes they required to charge interest.  Some companies will not allow you to make contributions to a 401K while you have an outstanding loan. If that is true with your company then you will miss out on the matching funds.


>Go live with your beloved poor for a year  Hahaha... there is a housing project directly across the street from me as I write this. You keep making assumptions!  Yes there absolutely is a culture of laziness and irresponsibility. There are a lot of reasons that the poor remain poor, and this is only one of them. Other reasons include the drug war, which disproportionately targets minorities and creates a vast unemployable population due to their criminal records. The school systems are shit--how can you raise yourself out of poverty without a decent education? Unions have declined, meaning working class people no longer have a living wage and must rely on food stamps and other government programs just to survive. There are a lot of reasons the poor stay poor. Blaming it all on bad choices is rather short-sighted. There are public-sector, private-sector and cultural factors contributing to wealth inequality. I will admit to all of these, but the Libertarian ideology only allows for one.  Plus, what are you going to do about it? Does society have any responsibility to help people who are trapped in a cycle of poverty and bad choices to better themselves? What about the newborn child who has made no bad choices but to be born poor? Fuck 'em?  >any actual assesment of Reality  Make one. You state no facts, only that if there were some facts they would agree with you. Not a proper argument.  >The rich are rich for a reason and the poor are poor for a reason.  The rich are rich for many reasons--personal achievement, inheritance, luck, connections and simply reaping the fruits of a prosperous, harmonious society. There just as many reasons the poor are poor. To take any one reason and say that is the only reason is just like taking the idea of property rights and saying that is the only right worth consideration.  >Deep down inside you don't think you've earned it so you want to sacrifice all the rest of us on the altar of your limp wristed weakness.  I don't attempt to psychoanalyze you, though I could probably do a much better job having once held the beliefs you are espousing. The thing is I learned from my experience and from the world around me. I see how the system is rigged, in both the public sector and private sector. I know it is possible to make it rich in this country if you have the skill and motivation, but I also know that it is much easier to stay rich if you are born rich and far too much depends on who you know rather than what you know. And nobody would be rich if we didn't have a functioning society, with a large middle class that can afford to buy the goods that entrepreneurs invent!  As a business owner, I want to live in a society where the majority of people can afford the crap that I'm peddling. Call me a commie.


Virtually all of Facebook's users also use Windows (either at home or at work). Microsoft charges money for Windows licenses, lots of money. You can make the same analogy for Microsoft's Business division (Office products). Facebook's valuation is getting comparable to Microsoft (ex-cash stockpile). It is absolutely ridiculous. Google is the dominant online advertiser, and Google's profits is not even close to what Microsoft makes. Only a small fraction. Even if Facebook meets all future expectations and becomes the dominant online advertiser, making the same amount of money as Google, it still doesn't deserve that $100B valuation today, as it will take years before it gets up there. Facebook may be an amazing product, but collecting hundreds of dollars per license renewal is simply a better business than an ad-supported model. In order for advertisers to pay Facebook $100/user (the type of money Microsoft makes), the users must be buying thousands of dollars more stuff because of Facebook ads. That's not possible, especially with other methods of advertising all competing.


People to ask: Granted I live in a small town, but when the same guy's name comes up more than once that's who you should hire...


Specifically I was wondering, how can the founder determine an appropriate valuation and distribution of shares; ie- the amount of equity to make available for public vs how much to reserve for him/herself. This is an art more than science. If markets believe it to be worth x; one will get. This is not a direct correlation of the revenue a start up makes. It is more an estimated revenue it would make in some point in time in future. There are investment firms that can size up the opportunity and advise; however it is based on their experience and may not always be true reflection of value.


If I were in your shoes I would concentrate now on investing in yourself.  Your greatest wealth building tool is your income.  Going to school is great, make sure you can finish.  Also is there additional coursework you can obtain that might help boost your salary?  I would look for course in the following areas that might be outside your core competency: After that I would concentrate on some books that will help you in your journey.  However, I would not start investing until you have a well paying full time job: That will get you started.


> if all man made CO2 magically ceased to be created that the climate would still change. Climates change, always.  This is true. Even if we stopped contributing to global warming immediately, the climate would continue to warm for 4 or 5 decades, but this is because it takes time for the planet to heat up. And yes it's true that the climate does change, but usually at a slower pace.   Species are going extinct at about the same rate now as they did back during the extinction of the dinosaurs.  This isn't all due to carbon ether, there are many other environmental pollutants and issues.  >poor people (through burning of wood for heat and to cook with) actually have a much greater impact on CO2 levels than to rich people.  That's just false. Burning wood is definitely less efficient, but overall poor people release less carbon that wealthy nations.


Thank you for this post! I found it informative, interesting, and insightful. Personally, I have always been curious how American companies, even smaller mom and pop stores, outsourced to China despite all the cultural and language barriers. Have you found any problems arise from the clashing of cultures, i.e. differences in expectations or processes, that add to the difficulty in communicating with Chinese manufacturers?


"You know I used to strugle with how to define common sense, if most people don't have common sense it must be misnamed right? I reallized it's not ""common"" in the sense that it's wide spread, but that it's conclusion's that it is possible to arrive at without specialized knowledge or training. So anyone *could* figure it out, but most people won't bother to."


You should be trying to save 10% of your income from an early age. You can live well now and enjoy life within your means now, instead of trying to keep up with the Jones. Do you need to live in a larger house (when you can't really afford it) because it is more comfortable or because you want to show it off in front of your family and friends? You can live and enjoy life and eat well now and still save enough to have a comfortable retirement, just spend your money now on the things you enjoy, not things you see others enjoying.


Even then, he's only built *one* successful company, and with that groundbreaking idea it would've been pretty difficult to fuck it up. He was just the earliest player in that space.  Edit: okay it's not just one successful company, I was wrong. He has more of an entrepreneurial prowess than I credited him for.


Vesting As you may know a stock option is the right to acquire a given amount of stock at a given price.  Actually acquiring the stock is referred to as exercising the option.  Your company is offering you options over 200,000 shares but not all of those options can be exercised immediately. Initially you will only be able to acquire 25,000 shares; the other 175,000 have conditions attached, the condition in this case presumably being that you are still employed by the company at the specified time in the future.  When the conditions attached to a stock option are satisfied that option is said to have vested - this simply means that the holder of the option can now exercise that option at any time they choose and thereby acquire the relevant shares. Dividends Arguably the primary purpose of most private companies is to make money for their owners (i.e. the shareholders) by selling goods and/or services at a profit.  How does that money actually get to the shareholders?  There are a few possible ways of which paying a dividend is one.  Periodically (potentially annually but possibly more or less frequently or irregularly) the management of a company may look at how it is doing and decide that it can afford to pay so many cents per share as a dividend.  Every shareholder would then receive that number of cents multiplied by the number of shares held. So for example in 4 years or so, after all your stock options have vested and assuming you have exercised them you will own 200,000 shares in your company.  If the board declares a dividend of 10 cents per share you would receive $20,000.  Depending on where you are and your exact circumstances you may or may not have to pay tax on this. Those are the basic concepts - as you might expect there are all kinds of variations and complications that can occur, but that's hopefully enough to get you started.


Some brokerages will allow you to enroll your account in a dividend reinvestment plan -- TD Ameritrade and I think Schwab for example. The way the plan works is that they would take your $4 and give you whatever fractional share of the ETF it is worth on the payment date. There are no fees associated with this purchase (or at least there are in the programs I've seen -- if you have to pay a fee, look for another brokerage). You may also be able to enroll specific securities instead of the entire account into dividend reinvestment. Call your brokerage to see what they offer.


You don't generally pay capital gains taxes until you sell the stock. If you bought it in 2013 and the price goes up in 2014 but you just hold on to the stock, you won't have to pay any taxes on it. If you then sold it in 2015 for a profit, you'd have to pay capital gains taxes on the profit. Note that this excludes dividends. Dividends may complicate the matter somewhat. I'm also assuming you are in the U.S. or Canada, or a country like one of those two. It's possible some other country does taxes differently, though it'd surprise me.


I don't think democracy leads to the things you describe. Most of those things you mention are rights and civil liberties that have been won over time through civil struggle. They didn't just come automatically because they were written in a bill of right.


Let's take an example: IBM has about 430,000 employees worldwide.  Assume the average yearly salary is $80K (it's probably less, since a lot of jobs are offshore).  If every employee took 10% of their pay as stock, that's $132 million every two weeks.  But IBM's market capitalization is about $153 billion, so stock purchases would be less than 0.1% of that.


>That's just poor leadership.  Says you, but then again he's the leader and you arent. It's his perogitive.  >Plenty of well-trained workers are immediately available.  If only there were someone to hire them! If only there was some LEADership in place to structure a company so these people can be given jobs.   Maybe the workers should start a company... sacraficing with discipline is difficult... We want instant gratification, a nice salary, a nice car, a nice house. This guy drove a 12 year old car, had an office in his garage to start this company while his friends had nice cars and fancy things.  Sigel built himself from poor to rich through sacrafice, discipline and determination.


> These publishers are running e-books into the dirt by price fixing them to same price as physical books  No, they are not:  > We set our ebook prices far below corresponding print book prices, reflecting savings in manufacturing and shipping. More than 80% of the ebooks we publish are priced at $9.99 or lower. Those few priced higher—most at $11.99 and $12.99—are less than half the price of their print versions. Those higher priced ebooks will have lower prices soon, when the paperback version is published.  [source](http://www.latimes.com/books/jacketcopy/la-et-jc-hachette-ceo-michael-pietsch-response-about-ebook-pricing-20140811-story.html)  > Amazon is tired of pushing their over priced shit (that is only that price because of some paranoid business exec's that are afraid of change worrying about their hard back sales) because it hurts their kindle and frankly they dont need them.     And how is this not abusing their market share?  > For the average consumer books are so easy to pirate we are just skipping all the middle men entirely, but I think a lot of those people would mind spending 4-5$ for a book (At least soft cover prices, paying the Hard cover price for a god damn e-book is extortion).  Again, no one is trying to make people pay the hard cover price for an ebook. Hachette just wants the ability to price some of their popular new releases at a few bucks more to more quickly recoup the money they fronted the author, editors, marketing teams, etc before that book's release. And then to lower the price around the same time the cheaper paperback version of the book comes out.


True I'm not surprised I was wrong about that. I worked at this place over the summer where I looked at a lot of PE deals and I remember that name coming up in the context of tech consulting companies that did software dev, took a shot


Theoretically there is limited demand for risky investments, so higher-risk asset classes should outperform lower-risk asset classes over sufficiently long time periods. In practice, I believe this is true, but it could be several decades before a risky portfolio starts to outperform a more conservative one. Stocks are considered more risky than most assets. Small-cap stocks and emerging market stocks are particularly high-risk. I would consider low-fee ETFs in these areas, like VB or VWO. If you want to seek out the absolute riskiest investments, you could pick individual stocks of companies in dire financial situations, as Bank of America was a couple years ago. Most importantly, if you don't expect to need the money soon, I would maximize your contribution to tax-advantaged accounts since they will grow exponentially faster than taxable accounts. Over 50 years, a 401(k) or IRA will generally grow at least 50% more than a taxable account, maybe more depending on the tax-efficiency of your investments. Try to contribute the maximum ($17,500 for most people in 2014) if you can. If you can save more than that, I'd suggest contributing a Roth 401k rather than a traditional 401(k) - since Roth contributions are post-tax, the effective contribution limit is higher. Also contribute to a Roth IRA (up to $5,500 in 2014), using a backdoor Roth if necessary.


Do Alice and Bob have to figure out the fair market value of their services and report that as income or something? Yes, exactly that.  See Topic 420.   Note that if the computer program is for Bob's business, Bob might be able to deduct it on his taxes.  Similarly, if the remodeling is on Alice's business property, she might be able to deduct it.  There might also be other tax advantages in certain circumstances.


You do know the ACA was modeled after both a Republican-introduced plan from the 90s as well as Mitt Romney's insurance reform plan for Massachusetts? If Democrats had their way, a public option (Medicaid or Medicare buy-in) would be available to those 10 mil who are feeling the squeeze.   And the state insuring health care for its citizens hardly seems like bread and circus. A healthier populace is more efficient and less costly in the long run.


You can probably recover it by checking with the unclaimed property division of the state where you opened the account.  See The Office of the Comptroller of the Currency website for more information.


You are right, and it's 40 cents per liter, not gallon as I originally wrote.  After 60 liters per month, it goes up to 70 cents per liter.  It's around 90 cents per liter right now where I am in the US.  Like you said, still cheap compared to the rest of the world ($1 per liter in India, $1.90 per liter in Britain).


"You are correct; Nissan's troubles are because they cheaped out and went with an air cooled pack, whereas Chevy and Tesla liquid cool theirs.  Chevy uses about only 60% of the Volt's available battery range (10kWh out of 16).  Torture tests simulating well over 100k worth of charges showed better than 70% range remaining, hardly ""oh you'd better drop a few thou on a replacement pack"" territory."


">There are ways  So you have no idea how to uphold these ""standards"".   If Canada did it, the Star would have been shut down years ago. And the CBC as well.  Journalism was never respected in the US. The advent of the 24 hour cable news hole and the internet raised awareness of just how ....*imperfect* what passes for journalism is, as journalists revealed other journalist's failings. Also, if you dropped your left-wing bias and did an analysis of all major papers in the U.S., you'd find that News Corp. papers are no worse, and actually somewhat better than the rest as far as accuracy."


This manner of shopping is maximum likely by the human beings within the present state of affairs. There is not any line to await buy and you should buy a product with a minute. You can get the pleasant online Shop buying enjoy in an excellent manner with none hassle. It is better place to store many stuff that immediately available for any time. You can purchase the goods at cheap deals and fee which to be had best in on-line purchasing web sites. There isn't any intermediary involved inside the on line purchasing and you can get the products immediately from the manufacturer.


As we can see, now it’s October and Bitcoin is not 5k. It turned out that it’s a very high psychological point for the holders. Most of them don’t believe in it, that’s why sell. Moreover, that’s the way expert traders use the opportunity, because they understand the mentality of the crowd.


My buddy was recruited hard by McKinsey, and I use him as a reference point whenever someone asks (because they want him so badly).  Briefly, he's a physicist and we did grad school together in London (I in neuroscience).  He later went on to Cambridge to do a course called Part III, which some consider the hardest math course in the world (http://www.maths.cam.ac.uk/postgrad/mathiii/).  Afterward, he went on to do a PhD in theoretical particle physics, but went to a recruiting session just on a whim.  We talked about this at length.  McKinsey likes people who have extremely strong analytical and math skills, but not necessarily from a finance background.  They like this because you don't use most of what you learn in school with respect to economics or finance, but you do use lots of math, and you do use lots of logic.  Basically, they're looking for people that really good investors look for: people who are academic rockstars.  You do not need to transfer.  You should not, actually, because you're going into junior year and have a good GPA.  What you should do instead is try to do a Rhodes.  Plan for it now.  You can apply for a Marshall too.  And a Fulbright.  You want your resume to look like you're someone that shouldn't be ignored.


"This is a classic case of Sunk Cost Fallacy. The basic idea is this - don't look at how much you've invested, look at what the thing is worth. It sounds like you are no longer able to keep up, so the financial answer is to stop making repairs, etc.  The only question is - whose name is on the deed? If your coworker still owns the asset, you can simply back out say, ""the mobile home is yours, any repairs and payments I made are yours too.""  Basically, you will be out all of your work and what you put into it, but you're not continuing to dig a hole. Your coworker should consider your investment as a gift, but a gift that is no longer being made. If in taking over the asset he put it in your name, the asset is yours to do with as you please.  It sounds like you should dispose of the asset, even if its at a loss. Either way, from a financial perspective, the answer is to cut your losses and be done with it. All of that is, of course, a strictly financial answer.  Reading between the lines, it seems like you feel guilty about not being able to honor the commitment you have made.  If there is a sentimental attachment to the mobile, I would suggest discussing your situation with the coworker.  That's really not a financial consideration, but that doesn't mean its unimportant."


By extending your logic both BNSF and GEICO would be nearly thhe same companies as both have majority ownership of warren buffet. How companies act IS defined by the theater of competition and regulation. Sears ca and US are two very different companies with no operational overlap (other than sears brand name)


The assumption is not necessarily correct. While the seven years affects the credit report, the statute of limitations for collections may be different and is based on the State law where the debt was given (or a Federal law for NA banks). Keep in mind that the creditor can reset the clock any time by taking legal action, for example filing a lawsuit in a court to garnish some of his income or put a lien on some of his assets. Many  times, just contacting the debtor is enough to reset the clock. The statute of limitations on collections is a legal issue and he should talk to a lawyer about it. Different accounts may have different statutes affecting them.


Issuing/selling equity vs debt is often done during very different periods of a company's life cycle and for very different reasons.  If I were to generalize - equity is most typically involved in the beginning and end of a business, debt in the middle.    In the beginning your company has no cash flow, no track record so the only people willing to invest are angels/venture capitalists/true believers/friends & family.  People who are willing to take risk either because they like you or they believe there is a chance of high risk/high reward.  In the middle of the life cycle (when the company has a demonstrated track record), it is easier to issue debt because you have stable cash flows which banks find attractive.  Banks are low risk, low return investors.  Towards the end of a company's life cycle the owners may decide they have successfully grown a business and want to retire (or start a new business) or maybe they just want to lock in the earnings they've achieved which are sitting in the company.  In this case they may sell the company entirely to a rival firm or a private equity group.   I feel like OP's original question is a bit off because I don't find too many situations where a company is seriously considering both equity and debt alternatives.  Usually it is a variety of equity offerings **or** a variety of debt offerings and you're trying to figure out which one is better of the company.


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They could actually start making computers again. Atari used to. I think there's a chance there, especially if they make something with the CPU/GPU SoC similar to the Xbox One / PS4, maybe something more powerful that can hook into a TV with HDMI.


"I find it really hard to feel sorry for them. For many years now the local Post Office has been a farce. Many local businesses quit using them because they'd just flat-out lose mail so consistently.   The small company I worked for (local ISP) was constantly fighting this battle since we would have customers calling up pissed off because their service got cut off when we didn't receive their payment. Now sure, you have the classic ""check's in the mail"" bit, but this happened too frequently to such a random selection of customers that it was quite obvious there was an issue. More than once I took it up personally with the local Postmaster (functioning Manager-type person) and would always get told ""Oh, it's not us, it's the Columbia branch"" and when I called to straighten it out there I was told ""Sorry, you'll have to take this up with your local office"". Funny, they never seemed to lose all that fucking junk mail that crammed up our PO or mailbox.   Hate that it got that bad, but once again sounds like a bad business model - Provide services at a loss, pay into pensions you know you can't afford, and refuse to modernize effectively and in-time."


Highest possible is meaningless.  Ex: Use 17x Leverage on E-mini S&P 500 Futures, perfectly long before an uptick and short before a downtick every minute. Goes to the moon in a day of 1,440 minutes.  You are supposed to use a Buy-and-Hold SPY, with leverage that makes the Standard Deviation of SPY same as your Portfolio/Algorithm, as benchmark.


You are diversified within a particular type of security. Notably the stock market. A truly diversified portfolio not only has multiple types of holdings within a single type of security (what your broad market fund does) but between different types. You have partially succeeded in doing this with the international fund - that way your risk is spread between domestic and international stocks. But there are other holdings. Cash, bonds, commodities, real estate, etc. There are broad index funds/ETFs for those as well, which may reduce your risk when the stock market as a whole tanks - which it does on occasion.


New cars are sold for about $500 over their blue book value. They drop in value by about 20% their first year. Used cars are sold for about $2,500 above their blue book. They depreciate like normal. My advice based on my personal experience is to get a new car. When buying a used car, remember that the previous owner sold it for a reason. You are buying someone else's problems.  Average car is flipped every 4 years when it takes 5 years to pay it off. Don't do that...keep it for 5+ years if you get a new car. My knowledge comes from being a Chevrolet car salesman. This info is generalized and about 10 years old.


Call me overly paranoid, but letting unknown people know your charges and your personal information is asking for trouble. They know who you are and how to find you and how much money you typically make. If they are decent people - okay, but otherwise they have good ground for comitting a crime against you - blackmail you, con you, target thieves on you, steal your identity, anything else which you won't like if it happens. And it has noting to do with being from Philippines - disonest people are everywhere. Crimes happen all the time, just the less you expose yourself the less likely a crime will be committed against you. My suggestion would be to share as little financial and personal data as possible, especially to share as little actual money figures as possible. Also see this question.


"Are most big US based financial institutions and banks in such a close relationship with USCIS (United States Citizenship And Immigration Services) so they can easily request the information about market traders? Yes. They must be in order to enforce the laws required by the sanctions. What online broker would you suggest that probably won't focus on that dual citizenship matter? ""Dual"" citizenship isn't actually relevant here. Nearly anyone in the world can invest in US banks except for those few countries that the US has imposed sanctions against. Since you are a citizen of one of those countries, you are ineligible to participate. The fact that you are also a US citizen isn't relevant in this case. I believe the reasoning behind this is that the US doesn't encourage dual citizenship: The U.S. Government does not encourage dual nationality. While recognizing the existence of dual nationality and permitting Americans to have other nationalities, the U.S. Government also recognizes the problems which it may cause. Claims of other countries upon U.S. dual-nationals often place them in situations where their obligations to one country are in conflict with the laws of the other. In addition, their dual nationality may hamper efforts of the U.S. Government to provide consular protection to them when they are abroad, especially when they are in the country of their second nationality. If I had to guess, I'd say the thinking there is that if you (and enough other people that are citizens of that country) want to participate in something in the US that sanctions forbid, you (collectively) could try to persuade that country's government to change its actions so that the sanctions are lifted. Alternatively, you could renounce your citizenship in the other country. Either of those actions would help further the cause that the US perceives to be correct. What it basically boils down to is that even though you are a US citizen, your rights can be limited due to having another citizenship in a country that is not favorable in the current political climate. Thus there are pros and cons to having dual citizenship."


"I've just recently launched an open source wealth management platform - wealthbot.io ...  ""Webo"" is mostly targeted at RIA's to help the manage multiple portfolios, etc. Take a look at the demo at demo.wealthbot.io, you'll also find links to github, etc. there. It's a rather involved project, but if you are looking for use cases of rebalancing, portfolio accounting, custodian integration, tax loss harvesting, and many other features available at some of the popular robo-advisors, you might find it interesting."


"Anthony Russell - I agree with JohnFx. Petroleum is used in making many things such as asphalt, road oil, plastic, jet fuel, etc. It's also used in some forms of electricity generation, and some electric cars use gasoline as a backup form of energy, petrol is also used in electricity generation outside of cars. Source can be found here. But to answer your question of why shares of electric car companies are not always negatively related to one another deals with supply and demand. If investors feel positively about petroleum and petroleum related prospects, then they are going to buy or attempt to buy shares of ""X"" petrol company. This will cause the price of ""X"", petrol company to rise, ceteris paribus. Just because the price of petroleum is high doesn't mean investors are going to buy shares of an electric car company. Petrol prices could be high, but numerous electric car companies could be doing poorly, now, with that being said you could argue that sales of electric cars may go up when petrol prices are high, but there are numerous factors that come into play here. I think it would be a good idea to do some more research if you are planning on investing. Also, remember, after a company goes public they no longer set the price of the shares of their stock. The price of company ""X"" shares are determined by supply and demand, which is inherently determined by investors attitudes and expectations, ultimately defined by past company performance, expectations of future performance, earnings, etc.. It could be that when the market is doing well - it's a good sign of other macroeconomic variables (employment, GDP, incomes, etc) and all these factors power how often individuals travel, vacation, etc. It also has to deal with the economy of the country producing the oil, when you have OPEC countries selling petrol to the U.S. it is likely much cheaper per barrel than domestic produced and refined petrol because of the labor laws, etc. So a strong economy may be somewhat correlated with oil prices and a strong market, but it's not necessarily the case that strong oil prices drive the economy..I think this is a great research topic that cannot be answered in one post.. Check this article here. From here you can track down what research the Fed of Cleveland has done concerning this. My advice to you is to not believe everything your peers tell you, but to research everything your peers tell you. With just a few clicks you can figure out the legitimacy of many things to at least some degree."


The S&P is cap-weighted. So it's not as simple as buying 1 share of each of 500 stocks. (If it were, getting started might be doable, although adding to your position would take time and another large unit of money.) Can you do it? Sure? Do you have enough money to actually do it? I don't know. I'm happy to pay my .02-.03% to not worry about such things.


Bank of America NA had over $101 billion in revenue 2013.  A $16 billion fine represents 15.7% of BOA's annual revenue.  The median family income in the US is $53,046.   15.7% of that is $8,346.  If I spent more than a decade defrauding individuals, businesses, government agencies and investors and wound up having to pay an $8 thousand dollar fine and not serve a single day in jail ... I would be planning a long and prosperous criminal career for the next decade.


"Call me rude, but I would be less concerned with taxes and more concerned with increasing your income. Double your income and say ""fuck you"" to the taxes!  Also, I'm no expert on taxes, but a corporation would not prevent you from having income so you would likely be passing the profits through and still paying the same income tax rate."


"The purpose of the emergency fund is to enable you to pay for unplanned necessary expenses without going into debt.  You know that cars don't last forever and eventually need to be replaced. Ideally, you would have a ""car replacement fund"" which you contribute to a little every month. (Essentially, it is a car payment to yourself.)  Then when it comes time to get a replacement car, you have money set aside for this purpose and know exactly how much you can spend.  However, in your case it seems that you don't have enough money in your car replacement fund for the car that you want.  There are a few different causes that might have led to this situation: Due to unforeseen circumstances, you need a replacement car before you thought you would need it.  You find that your planning was not quite right, and you weren't saving as much as you need.  You are trying to buy a more expensive car than you need.  If a replacement car is a necessity, two of these are emergencies, one is not.  If you don't have enough cash set aside for a car, it is certainly better to spend your emergency fund and pay cash than to borrow money to buy the car. Only you can decide if the car you are looking at is appropriate for you, or if you should be looking at a less expensive car. After you purchase the car, build your emergency fund back up first, then start saving for your next car."


"I believe general welfare is stated in the preamble only.  ""We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."""


Deposit on a Debit Card have a different effect, and many people don't understand it (and make a big stink), or cannot afford it (or both). Either of it results in lots of trouble for the business: In addition, having a credit card showes that some bank trusts the customer with an unsecured credit of this height, which is some reassurance for the business. A debit card proves only that he was able to get a checking account, which needs much less liquidity and stability.


You bought the stock at some point in the past. You must have had a reason for this purchase. Has the recent change in price changed the reason you bought the stock? You must assume your losses are sunk costs. No matter what action you take, you can not recover your losses. Do not attempt to hold the stock in the hopes of regaining value, or sell it to stop losses. Instead approach this event as if this very day, you were given shares of the company's stock at their current market value for free as a gift. In this hypothetical situation, would you hold the shares, or sell them? Use that to judge your options. Not everyone, myself included, can handle the mental stress of watching share prices change. You can always consider trading index funds instead, which are much less volatile but will provide consistent, albeit, boring returns. This may or may not be you, but it's an option. Finally, do not keep money in the market you are not prepared to lose. It seems obvious, but if you lost 40% today, you could lose 100% tomorrow.


Having just purchased an upcoming Samsung phone using their 0% interest I can tell you that the justification is to give you credit. I have the same with Best Buy which is 0% for a specific initial purchase. The bank (in the Samsung case is TD Bank) establishes a rotating credit line for you. The APR after is well established at the very high side of 29.99%. Nobody in their right mind should want to pay that much interest on any purchase. My last car purchase was below 3% APR. Additionally the introductory rate will still calculate their 29.99% interest as if it existed since the first day of credit and will be applied to your balance should you ever be late on any single payment. At that time the interest is factored in as if it were always there and payments are adjusted accordingly. You see, the bank wants you to pay their high interest rate. So they entice you with the 0% and hope you either finance more on that credit line (exempt from the promotional rate) or miss a payment and they can hit you with a whammy. Specifically the question asks how this offer benefits Samsung. To answer that portion; it ensures a sale at full retail price of the phone. Samsung is just an agent between you and the bank. The bank takes on the risk for a potential high reward.


>Hate to break it to you but it's the republican policies of deregulation and tax cuts we can't afford that got us this shit sandwich.   Not even close. 1.1Trillion/year deficit is NOT related to taxes, it's related to increased spending while yes, tax revenues fall a bit. But you don't take actions that will make tax revenues fall more. Putting additional burdens on companies doesnt yield more tax revenue. If it did, why not tax them at 90%? But then guess what happens along that chart curve? There are no companies left.  How much in additional taxes could we take in? 100 billion conservatively? Ok genius, what about the other $1 Trillion/year? WE SPEND TOO MUCH!  >Really? Seems to me like a person living paycheck to paycheck would actually have a very good idea of what it's like to live on the edge of bankruptcy  Except for most people close to bankruptcy they never had any capital to begin with. They lived pay check to pay check, using credit cards, buying houses, buying cars.   Businesses must keep a MUCH larger cushion of liquid capital and assets and must plan YEARS in advance. ---very few individuals do this or ever will.   The only correlation is that more and more liabilities are not meeting income. Except when an individual goes bankrupt it's mostly on them. If a company goes bankrupt it can effect hundreds or thousands of employees AND the company. An indivdual going bankrupt won't then bankrupt their creditors or vendors but a company going bankrupt very well could.   I don't know if you knew this, but the United States itself is bankrupt.... We can't meet liabilities with the current income. That doesn't mean increased taxes to increase income. It means reducing liabilities and creating an envionment where those who bring in the revenue can expand.   What we're talking about here is companies receiving additional burdens, not less, thus there is an incentive to decrease liabilities where possible, sell or close if necessary.


Wow. Just goes to show lack of understanding or ignorance.  No. America is not a country, but continents.   No US is not protectionist. It is more global then ever. If you thought we are now protectionist, you were fooled by Trump.   >Also I notice that in you trying to cite that graph of the top countries with Tariffs, China and the United States are still in the top 5. So what are you objecting to, that I did not include Brazil and India in my original list? It seems like Russia is the only one not on that graph. If you extended this to all countries Canada would still be in the top 10. You really fucked yourself over here.  Lol. What kind of cognitive dissonance is it? Are you joking you saying 1 % tarrif is protectionism?   I cant tell if it is your lack of understanding, denial, getting fooled or what.   >VENEZUELA IS NOT ON THAT LIST YOU LINKED.  Where did I say said it was?   Edit. Nice changing the topics btw. LOL Russia. LOL. You must be one of those putin supporter


It's because financing can fall through, and then the time between offer and closing is wasted. Often buyers will include preapprovals and other evidence of financing eligibility with their offer for this reason.


Seems fair.  I think this is a real subjective thing.  Financially lets get rid of that line before interest rates get too high.  Maybe have him pay you the $200 he is paying towards the interest each month.


"Between this, and them setting up the website to check if you've been affected with a relatively hidden clause that says ""if you use this website to check if your information was compromised, you waive your right to sue, and must go to arbitration"", I'm starting to wonder if Equifax is gonna survive the legal blowout here...."


Looks like this is just for billing mostly.   We need inventory management that integrates with our PO's but still be able to add line items for sales that do not come from inventory.   We need a system similar to SAP.


This is a Vanguard-specific difference in the sense that in the US, Vanguard is a leader in lowering management fees for the mutual funds  that they offer. Of course, several US mutual fund companies have also been lowering the expense ratio of their mutual funds in recent years because more and  more investors have been paying attention to this particular performance parameter, and opting for funds that have low expense ratios. But many US funds have not reduced their expense ratios very much and continue to have expense ratios of 1% or even higher.  For example, American Funds Developing World Growth and Income Fund (DWGAX) charges a 1.39% expense ratio while their 2060 Retirement Fund (AANTX) charges 1.12% (the funds also have a 5.75% sales charge); Putnam Capital Opportunities Fund charges 1.91% for their Class C shares, and so on.   Many funds with high expense ratios (and sometimes sales charges as well) show up as options in far too many 401(k) plans, especially 401(k) plans of small companies, because small companies do not enjoy economies of scale and do not have much negotiating power when dealing with 401(k) custodians and administrators.


Fascinating article. I have read that the Federal Reserve is contemplating allowing the unemployment rate to drop further until some of the elusive wage gains appear. Still seems risky if inflation suddenly shows up and rates have to rise fast to hold it off.


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I don't know.  Some of it is circuitous. For instance, in the DC area, one of the best venues for rock/metal music is the Filmore in Silver Spring. Why? Because that's the club affiliated with TicketMaster / LiveNation, so they get the best acts.  There are plenty of equally good places from a venue standpoint in the area (e.g., the 9:30 Club in the U Street area, or even the State Theater in Falls Church), but the top acts tend to overlook those places because their agents are booking national tours, and they know to go to the Filmore for any show in the DC area.  If Amazon came in, attached themselves to one of those other venues, charged less for those BS convenience fees, and attracted the same level of talent as you see with TicketMaster / LiveNation today, they'd be printing money hand over fist.


"> [–]RenoNineJuanJuan -22 points 1 month ago  Jeez. I'm gonna get downvoted like hell for this but fuck it. I watched the video, and the kid obviously had a multi tool knife that was FOLDED (follow up research even told me that), and he was obviously going through a mental breakdown. People in a mental breakdown don't know what to do, so rather than say ""Suicide by Cop"", I'd say he was so dissociated from the real world he wanted to play out this adrenaline-fueled engagement to see where it would take him. Still sad though. Also, the top comment is bullshit. My brother was a marine for several years and he was taught to shoot at the head and drop 'em.  Hmm really activates the almonds."


It would depend on how big of a demo. will see the company's info and what the sponsorship entails.  If its a small spot on a poster of an obscure sport vs the main sponsor for a HS football team in a big sports town.


I think this is straight up stock manipulation at this point.   Someone got norovirus, has nothing to do with Chipotle.  It's just fun to make diarrhea jokes I guess...  and make a ton of money shorting this stock every time someone complains about having to poop.


There are many situations where injecting a certain amount of cash at the right time may reap rewards far in excess of the value of the cash injected. For example, if someone who needs a car to get to work gets in a wreck and that person does not have ready money to make it driveable may have no choice but to secure very expensive financing.  Receipt of $1000 in ready money to repair the car may thus save the person from having to take out a loan that would cost $1200 or more to repay. While the insurance business has sufficient overhead that it is unlikely that insurance would generally have a positive net expectation even considering such factors, it is at least theoretically possible that insurance could have a positive expected value for both the insurer and the insured (and in some cases it may have positive expected values for both parties in practice as well).


Okay first of all and economic system needs division of labor to have much more efficiency and productivity. Which means people will do repetitive task and be very good at them, decrease their cost of starting a new task(there is a preparation time and cost), which also suggest people won't be inclined to do the same stuff since it becomes pointless and could have existential crisis. It is much fun and fulfilling  to do everything you need to done yourself, like keeping care of your house, making food(even hunting), taking care of health if family, building your own house but is also much much less productive and also worse.    Making this part clear, which is a long paragraph for a obvious fact, people also need motivation for this repetitiveness which is money and statue. These are the goals of everyone doing the same unnecessary stuff( lets face it other than shelter, food,education and health , things being done these days are no so quite a necessity).  So unless humans became more capable of understanding these are just made up dreams that we had made which makes the system go on (otherwise it will collapse) and understand the real inner reason for these dreams (self-fulfillment   , attention, whatsoever) this economic system will continue. I understand my response was nothin economically related and was sort of edgy this is my sincere thoughts on the topic. I also think this economic model won't change unless 2 reasons; -Political systems changes which i find likely in 50 years time and people will just give up in democracy since it is being used much worse than monarchy -A war that has never been written in history before which would change the economic system entirely since most of the economic system in interrelated with different countries(globalization) and most economic activities are not production(solid material) but services (entertainment and other) which has no use in war economy.


I think I may have figured this out but if someone could double check my reasoning I'd appreciate it. So if my company makes $75000 and I decide to pay myself a $30000 salary, then the quarterly payment break down would be like this: 1040ES: Would pay income tax on non salary dividend ($45000) 941: Would pay income tax, SS, medicare on salary ($30000) (I'm the only person on payroll) So I think this answers my question in that after switching from filing as LLC to S-corp, I won't have to pay as much on 1040ES because some of it will now be covered on payroll.


>suffering, say, a potential 20% loss for business reasons can be preferable to creating a guaranteed, irreversible 37% loss due to state and federal LTCG taxes.  You don't pay taxes on capital losses...  In fact, you can write them off against future gains.


If you look at it from the hedging perspective, if you're unsure you're going to need to hedge but want to lock in an option premium price if you do need to do so, I could see this making sense.


I think that the 2008 events represented a loss of a very large amount of equity for Americas, also it had a ripple effect around the world on other countries.  Now - almost as if they wanted it to happen again, the Obama Administration's trade policy and big EU banks are pushing to use the [global TISA trade in services trade deal](http://corporateeurope.org/blog/342-civil-society-groups-oppose-deregulation-and-privatisation-proposed-services-agreement-tisa) to quietly irreversibly deregulate a huge number of areas whch will effect hundreds of millions of people, including the banking industry- deregulate global banks, which is exactly the wrong thing to do.  Deregulation is what caused the 2008 crisis- http://www.usnews.com/opinion/blogs/economic-intelligence/2012/08/27/repeal-of-glass-steagall-caused-the-financial-crisis


In the United Kingdom, there is a leading company that has been offering Progressive business funding solutions to the businesses for the last 120 years. Their service areas are South Africa, New Zealand, Ireland, Canada, Australia, USA, etc.


If you believe that you are a location for possible power disruptions, then you much better be gotten ready for things to take place. You cannot stop the power interruption to take place in your place however you can find a service so that even with a power disruption experience, you can still continue with what you are doing. All you require is a commercial backup generator that will provide you with the needed electricity based upon the power that it has kept. The generator usually works by transforming power into electrical energy that is why you have the opportunity to continue home activities as the power interruption goes on.


Staying with your numbers - a 7% long term return will have a tax of 15% (today's long term cap gain tax) resulting in a post tax of 5.95%. On the other hand, even if the student loan interest remains deductible, it's subject to phaseout and a really successful grad will quickly lose the deduction.  There's a similar debate regarding mortgage debt. When I've commented on my 3.5% mortgage costing 2.5% post tax, there's no consensus agreeing that this loan should remain as long as possible in favor of investing in the market for its long term growth. And in this case the advantage is a full 3.45%/yr. While I've made my decision, Ben's points remain, the market return isn't guaranteed, while that monthly loan payment is fixed and due each month.  In the big picture, I'd prioritize to make deposits to the 401(k) up to the match, if offered, pay down any higher interest debt such as credit cards, build an emergency account, and then make extra payments to the student loan.  Keep in mind, also - if buying a house is an important goal, the savings toward the downpayment might take priority. Student Loans and Your First Mortgage is an article I wrote which describes the interaction between that loan debt and your mortgage borrowing ability. It's worth understanding the process as paying off the S/L too soon can impact that home purchase.


Your best bet is to use a payment processor that charges ONLY a fixed monthly fee and not a fee per transaction.


Mint.com does all of that (except for the cash at hand).


Your question has 6 questions marks along with comments on what you'd like to know.  Yes, there are stocks that are tough to short, a combination of low float, high current short positions, etc. Interest charged on the position rises in a supply/demand fashion.  To unwind the position, there's always going to be stock available to buy. A shortage of willing sellers will cause the price to go up, but you'll see a bid/ask and the market will clear, i.e. The buy order fills.


The original option writer (seller) can close his short position in the contracts he wrote by purchasing back matching contracts (i.e. contracts with the same terms: underlying, option type, strike price, expiration date) from any others who hold long positions, or else who write new matching contract instances. Rather than buyer and seller settling directly, options are settled through a central options clearing house, being the Options Clearing Corporation for exchange-listed options in the U.S. See also Wikipedia - Clearing house (finance). So, the original buyer of the put maintains his position (insurance) and the clearing process ensures he is matched up with somebody else holding a matching obligation, if he chooses to exercise his put. I also answered a similar question but in more detail, here.


The 10-K language is very specific. And as someone that has worked w/ securities attorneys to write these things, I know it is worded like that for a reason. Regardless, to have that risk factor in there and not disclose executives leaving is really shoddy disclosure.


Maybe it's just because of the foundation date. If I start a company on August 1st, I would like its FY starts on that date too, in order to track my first whole year. Would be quite useless to finish my year on December, after just five months. I want to have data of my first year after a twelve months activity.


As far as I know (I am not a tax professional or IFA!) there would be no tax implications or other burden on the recipient of the loan under UK law, even if it ended up being treated as a gift rather than a loan. There are no clauses about money being in the account for 90 days in UK housing transactions, however under money laundering rules your brother's solicitor might need sight of loan agreements to verify where the funds came from (I think it would depend on whether you paid the money to your brother direct, in which case there would be no problem, or if you paid it direct to the solicitor for the purchase). What Canadian law might say about capital gains / inheritance tax (if the Canadian IRS did decide the loan counted as a gift) I have no idea.


"That is not true. Leads can cost anywhere from a penny to over $50.00 depending on how you define the word ""lead"" ROI is supposed to reflect this. If I invest $5000.00 on a marketing campaign and I close 5 deals for a net profit of 2k each, then I spent 5k to make 10k. It doesn't matter if I put up a billboard, telemarketed, mailed, or did a email campaign.  4. Cost per order/lead for acquisition campaigns were roughly equivalent for all the channels. The most notable result from the 2012 Response Rate Report may be the fact that, ultimately, the cost for acquiring a lead ended up in the same ballpark no matter what the channel. Direct mail ($51.40), postcard ($54.10), email ($55.24), and paid search ($52.58) all produced comparable numbers in this arena. Hmmmmm…"


Is used cmc markets application (via my bank at the time) to gain leveraged exposure to the financial markets, with no tax payable as its classed as gambling.  I am sure there are other websites/application offering the same. The results weren't particularly pretty for me, but the concept is sound imo.


In some cases, especially but not only for subprime loans, they are actually testing whether you will lie to them. (Discovered this when working on a loan origination applicatíon for car dealers -- they explicitly did not want us to autocomplete some values because that might remind applicants that answers would be checked.)


Healthcare - can they go directly on to your health insurance, and at what cost? And get those immunisations lined up to ensure no later illnesses that can be expensive and avoidable. Education - how are the schools in your area and what is the schools policy?  Should you be considering moving and how long in advance?  Your first choice may have a long waiting list, even for pre-schools.  All these can have an impact on the investment in your current home. Child-proofing - how safe is your existing home and will you need to invest in some child-proofing (stairs, cupboards, basements, electricity outlets)?


They want a regular revenue stream for something that is not what the customer wants.  If they would make a solid credible product I might be willing to pay a service fee....  I've moved sore stuff to Linux....  but office is a hammer lock as for business you need msoffice to hand this back and forth....  what a mess... If they would just make a good product...


"You start with an error.  >a known disadvantaged minority.  This tells me that you buy into the liberal ""no man is responsible for himself"" bullshit. As you probably do not know, the poorest counties in the US are 95% white, but somehow you need to be a fucking minority to fit into your little box. [PROOF](http://dailycaller.com/2016/03/08/sanders-is-wrong-americas-poorest-counties-are-95-percent-white/)  If you would have bothered to click on the link I provided for your ass you would see that the assistance that we have been providing for 50 god damn years does not work.   In adult world we make decisions based on data, not what our social justice handlers tell us are disadvantaged minorities.. Read the links assmunch.   Here is my solution.  1.If you are willing to work and show progress we as a society will support that process. If you sit back and ""woe as me"" because you are a disadvantaged minority you can fuck right off.  2.If you as a regular person want to give them some money or start a charity because you feel bad about things we cannot measure, then fine. Has nothing to do with society owing you a thing. Life, Liberty and the Pursuit of Happiness. Not a check for 50 years, like Detroit and Baltimore.  3.Family and Church support worked pretty well until the welfare society.   **'When the people find that they can vote themselves money that will herald the end of the republic.'**  -------------Ben Franklin"


Dude, let go of the Fox News thing. I could care less about them since most of the patriots left. Worry more about every other news site in the world that's reporting on muslims stabbing people and smashing them with hammers and running them over with trucks. You're not going to suppress the news, no matter how much you bash the news outlets. Sorry Brah!  Who did you vote for in the US election?   Now let's see how smart you are, when is the last time you heard of someone blow some shit up while yelling:  a) Allah is great!   b) Jesus is great!  c) The buddha is great!  d) Jehovah is great!   e) Santa Clause is great!  I don't want to give it away, but one of those answers should be sticking out PRREEEEETTTTTTYYYY clearly, if you don't still have your head up killary's asshole. (What's it smell like in there, Webb Hubbell?)


Since you are posting to Reddit adding a simple website and Twitter account may also help.  It gives people a way to find you and refer others to you...  Trip Advisor is an important way to gain customers I believe (though the website is far from perfect it can be useful for travelers).  On the website/blog include some photos of where to visit...


This will always be the case unless the tax relief is more than the expenditure, which it never is. There are some ways in which this can become worth it: if the thing you are spending the money on would actually be useful, of it you might be able to sell it for more than four dollars later - or if you can claim a government grant or similar for more than four dollars. And at the level of corporate finance it can get more complicated. But otherwise, No.


Must be the case. I went to a local chain electronics store here in the UK awhile back called currys.   I saw a tv I liked. Looked up the model number on amazon to find it almost £300 cheaper. A crazy difference.   But... I thought I really wanted this thing asap. So if be willing to pay more (dumb). I asked if I could get it delivered to my house a 5 min walk away.   He said sure. It would be £50 delivery and would take 7 days. I laughed and said I can have this tv for 300 less and delivered via prime tomorrow morning. He didn't even offer a price reduction. So bought it right there on the phone whilst I explained how ridiculous it is they would rather not make a sale at all then compete with amazon.   I hope they go down in flames.


Perhaps I can: my city is full of towers of Chinese investor owned condos that were purchased to gain EB5 visas.  These visas require a $500k investment in the US, in an economically depressed area.  The census tracts were gerrymandered together to make a nice part of town qualify.  They were sold with 30 year property tax abatements, and at the end of that period they will likely have to pay something like 50k/yr in taxes, which is likely about what they will be renting for.  These condos do not exist to be lived in, but have manufactured a huge bubble in property value because of the visa program.  Jared Kushner is a primary investor in this vehicle.  These will crash if there are changes to this program or any change that forces more units on the market.  Otherwise they'll crash in 25-30 years when nobody wants a timebomb with massive expenses incoming.    The other bubble is of course the huge real estate bubble China is creating within its own borders, which rivals the real estate bubble within US borders, both of which are driven by unsustainable low interest rates.


Any state sponsored media outlet is going to in some way serve the agenda of its sponsor. The BBC does make an effort to remain more impartial whereas the KCNA of North Korea obviously does not. Private media such as CNN are obviously still often employed to further national agendas, especially in areas such as war reporting, but will also be directly more critical of their government if there are conflicts between interests of the ruling party and the owners of the media. Naturally in undemocratic regimes like China and Russia, such dissent is not permitted as there are not rival political partys in any true sense.


Levarge in simple terms is how of your own money to how much of borrowed money.   So in 2008 Typical leverage ratios were Investment Banks 30:1 means that for every 1 Unit of Banks money [shareholders capital/ long term debts] there was 30 Units of borrowed money [from deposits/for other institutions/etc]. This is a very unstable situation as typically say you lent out 31 to someone else, half way through repayments, the depositors and other lends are asking you 30 back. You are sunk. Now lets say if you lent 31 to some one, but 30 was your moeny and 1 was from deposits/etc. Then you can anytime more easily pay back the 1 to the depositor. In day trading, usually one squares away the position the same day or within a short period. Hence say you want to buy something worth 1000 in the morning and are selling it say the same day. You are expecting the price to by 1005 and a gain 5. Now when you buy via your broker/trader, you may not be required to pay 1000. Normally one just needs to pay a margin money, typically 10% [varies from market to market, country to country]. So in the first case if you put 1000 and get by 5, you made a profit of 0.5%. However if you were to pay only 10 as margin money [rest 990 is assumed loan from your broker]. You sell at 1005, the broker deducts his 990, and you get 15. So technically on 10 you have made 5 more, ie 50% returns. So this is leveraging of 10:1. If say your broker allowed only 5% margin money, then you just need to pay 5 for the 1000 trade, get back 5. You have made a 100% profit, but the leveraging is 20:1.  Now lets say at this high leveraging when you are selling you get only 990. So you still owe the broker 5, if you can't pay-up and if lot of other such people can't pay-up, then the broker will also go bankrupt and there is a huge risk.  Hence although leveraging helps in quite a few cases, there is always an associated risk when things go wrong badly.


Well I mean yea it's absolutely possible to be making as much. I was talking about teaching the people you sponsor into business downline from you. You teach those people to stop shopping from GNC and Red Bull and instead buy similar products from Amway. It's money they are already spending and you teach them to shop through their own store to keep the profit. Some people just want to make a little bit of money on the side selling their products without sponsoring people.   That's not what I'm talking about. The whole idea is to build a business asset that will give you TIME. It's about creating cash flow so you can stop trading your time working for a boss and building his company. Then you find other people who want that lifestyle and teach them how to accomplish those dreams.


Assuming the United States. This is a loan and not an investment.  You report this as income and will pay your tax rate on the 18% of the money that the borrower pays you (any money paid above what was originally lent) for the year in which it was received. You owe taxes on the income even if the borrower does not send you a Form 1099-INT showing the interest you received. For example: If you loan $10,000 and receive $1,800 in interest, and your tax bracket is 25%, then you will owe $450 in tax.


his is because with time you have accumulated bits and pieces that you can’t discard in the time being. The possibility is high that those possessions have a sentimental value and we also know, “adding things in life is easy, but subtracting them is difficult.” Heaping things is not an issue until they clutter up your home.


Only if your work on the side is making you at least £60,000 profit a year. The overheads are just not worth it if you make less. Working as a sole trader, you can still claim for expenses incurred in the course of your business. You can also claim a percentage of your computer costs, even though you may use the computer for gaming. This is not unreasonable as the computer is necessary for your work. The Inland Revenue accept the fact that some assets are part work-related. In your case, as a web and mobile phone developer, I expect the percentage to be at least half, if not a lot more. If you need to travel in the course of your work you can claim a percentage for your car. You can include other small expenses such as telephone, stationery, electricity etc but don't go overboard. The important point to remember is that you must be able to defend the expenses claimed as work-related, so long as you can do this there is no problem. Remember to keep good records of all your expenses. This is on-going throughout the year and is much more work than filling out your tax return. The software on the IR self-assessment site is excellent, so it's conceivable that you may not need an accountant if you are prepared to do your own tax return. However, if you feel unsure employ an accountant initially and take it from there.


Loan Provider Company in India  http://tirupatiinvestservices.com/ We are best Loan Provider Company with flexible plans of returning payments. We give short tenure loans to long-tenure loans. Our Loans are provided for Personal Development, Business Development, Home Development, Mortgage Loan etc. We are among the trusted company in India. We have established our office in Gujarat, Maharashtra and West Bengal. We have been serving in this industry from last 25 years and we are reputed company in the finance sector.


Why is it important?  Are you saying Lewis gets credit for correctly identifying the person to befriend, based on their likelihood of helping him?  You're talking about assisting factors *likely* to help while avoiding the ones likely to harm you.  Lewis made dumb choices twice and was still successful. Even then, the 'big shot' might have turned out to be Murdoch or Conrad Black, and earned him a trip to jail.   Either way, the factors involved are ultimately out of your control however much you encourage them.


Here is how it should look: 100 shares of restricted stock (RSU) vest. 25 shares sold to pay for taxes. W2 (and probably paycheck) shows your income going up by 100 shares worth and your taxes withheld going up by 25 shares worth. Now you own 75 shares with after-tax money. If you stop here, there would be no stock sale and no tax issues.  You'd have just earned W2 income and withheld taxes through your W2 job. Now, when you sell those 75 shares whether it is the same day or years later, the basis for those 75 shares is adjusted by the amount that went in to your W2.   So if they were bought for $20, your adjusted basis would be 75*$20.


The main problem I have with Uber is they represent themselves differently in some contexts than others. To most customers, Uber is Uber, not the individual who is driving.   Conceptually, individuals not being able to shield themselves behind a corporation is an interesting idea, with both pros and cons.


This is probably a very opinion-based Q&A. But anyway: My solution to such questions is to have multiple layers of emergency funds. I have one amount in a bank account that I do not like to tap, but can (and do) when I need money. This is most close to your infrequent but not completely surprising moments of cash need. I have a second layer in the form of stocks. As I understand that selling stocks should not be done when you need money, but when the stock price is good, this provides a fairly high barrier to selling it on a whim. Before I do so, especially if the stock price isn't at a local max, it would have to be an emergency. My third layer is even more fixed investment which I can't access with online brokerage. The physical aspect makes sure that it has to be a real, serious emergency before I turn that into cash. If you have such a layered approach, the question is not black and white anymore, and easier to answer.


"Our current economic situation is a mess, and our current tax system is the problem, but the problem is too little wealth taxation, not too much.    You are correct in asserting that land value tax is not the solution, since we don't live in a society where farmland is the primary source of ownership-based income.  If you want to look at what you can own to earn money these days, look at the holdings of Apple, Google, Microsoft, Amazon, Exxon-Mobile, Verizon, etc. It's not farmland anymore, it's IP, and it goes entirely untaxed.  Taxing property is completely appropriate but the problem is that we live in a world where the taxes, even taxes designed to tax wealth like property taxes, fall almost entirely on the individual, since high value capital can move jurisdictions to dodge taxes and thus taxing wealth like we should creates a competitive disadvantage.    When you push back on real estate property taxes you don't make things better for most people.  Property values rise (since the value of an asset is proportional to how much money it can earn for it's owner) driving affordability down, rent up, homeownership rates down and generally worsening the quality of life for everyone.  Pushed to the extreme, you get a 2 class system, where land ownership is for the entitled, and everyone else are worthless.  History is littered with examples, which is why we know the word ""serf"".  For a modern day cautionary tale, look at what happened in California since the Reagan property tax changes.  They still seem convinced it was a great change, but the California real estate market is pure insanity."


"But on June 28, the 17,000-resident town authorized a declaration of fiscal emergency, a step California cities can take before bankruptcy. In this case, it gives officials in the affluent enclave the power to expedite a referendum on new fees to boost its revenue, which has been restrained by a lackluster retail base and property-tax limits the state enacted almost 40 years ago.  “We just don’t have enough revenue to take us through the future for many more years before we would really be in some of the situations other cities are, where they’re laying off mass numbers of employees or declaring bankruptcy,” town manager Robert Priebe said in an interview.  Get the latest on global politics in your inbox, every day. Get our newsletter daily.  Enter your email  Sign Up The community, where the median family income is $169,000 a year, illustrates an irony for some at the center of the California’s latest economic boom. While real estate prices have surged, the local tax collections haven’t necessarily followed the same trajectory because of Proposition 13, the 1978 ballot measure that keeps homeowners’ tax bills from rising by more than inflation or 2 percent a year. As a result, local government revenues are growing more slowly than the rest of the U.S., according to a state analysis, leaving some seeking other ways to raise money.  In Moraga, where the council discussed establishing a poet laureate position before approving the fiscal distress declaration, lowering headcount isn’t the first priority. The town’s $8.5 million budget this year authorizes about 36 full-time workers. Members instead opted to reduce services such as park maintenance in the community about 20 miles east of San Francisco.  “We’re not willing to hurt the public first,"" Priebe said. ""We’re not going to lay off half of our employees and have the quality of life of all of our citizens really be impacted.”   Moraga’s declaration hasn’t affected its standing on Wall Street. Its $7.7 million in outstanding debt is rated AA+, second highest by S&P Global Ratings. One of its bonds due April 2029 was valued on July 5 at 0.85 percentage point more than benchmark debt, little changed from the 0.82 percentage point seen on the day of the fiscal emergency declaration. That spread stood at 1.16 percentage point at 2016 year-end, according to data compiled by Bloomberg.  The squeeze on Moraga stems in part from two infrastructure failures: the damage to a bridge in April and a sinkhole that became such a civic event that residents threw it a sarcastic birthday celebration. Though officials are hoping for state and federal reimbursements, the cost to fix both depleted its savings, leaving the city vulnerable to another emergency. The general fund, boosted modestly with this year’s anticipated $46,217 surplus, has about $1.6 million in reserves.  The fiscal emergency declaration allows Moraga to put any revenue-raising measure on the ballot when it wants instead of waiting for a regularly scheduled election. Options being mulled include proposing a flat fee on property or a utility tax, Priebe said. The town will poll residents by phone to see what’s preferable.  Moraga should look to cut personnel expenses first, said Seth Freeman, an unsuccessful council candidate and the only resident to speak about the issue at the board meeting. He criticized the council’s decision to award raises to employees two weeks before issuing the emergency declaration.  ""I’m concerned that the simple solution would be to raise taxes than to address some of the issues under the control of the town manager,"" Freeman said in an interview. ""The compensation for a small town is unaffordable.”  Priebe said the town’s costs are low compared to others in the county and that it must remain competitive. ""If we offered no raises, we would lose people."""


Their donuts are disturbing.  After eating one my mouth feels like I just ate a tube of something randomly out of the medicine cabinet.  Were they always like that and I'm just more critical now or did they change something?


Pay off the credit card, tear it up and never get another one.  The rest of the money I would add to your emergency fund/save for the anticipated home repairs.


*All* modern economies are service-based.  It's what makes up the rest that matters, namely manufacturing or natural resources.  Neither Aus nor Can have terribly huge manufacturing sectors by world standards, but the natural resources potential of both nations is enormous.


"If you're looking to leverage your capital more efficiently, at the money options offer the best balance. Options deep in the money will have little time premium remaining on them, but don't allow for greater leverage. On the other hand deep out of the money options may be thinly traded, or might not offer the ""mirroring"" you'd like of the underlying. By purchasing ATM you will likely be buying some time premium, but still be leveraging your capital, potentially several times over."


"Um no.  Easy google. ""What makes stock prices go up?""     >This is how it works with stocks; supply is the amount of shares that people want to sell, and demand is the amount of shares that people want to purchase. If there are a greater number of buyers than sellers (more demand), the buyers bid up the prices of the stocks to entice sellers to get rid of them.  So sure, if a company is performing well, people will want to buy the stock. Causing it to go up.  But even if a company was performing well and no one wanted to buy the stock.  There would be only sellers and the price would go down."


Denver has a lot of Whole Foods locations because they are stores that were taken over when Whole Foods acquired the Wild Oats chain that started in Colorado. I'm really surprised that it is currently fulfilled by Sprouts... I wonder if that will change?  I would think that Sprouts would be absolutely feeling threatened by this Amazon move to buy Whole Foods.


"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-britain-usa-trade-idUSKBN1AB0WQ) reduced by 70%. (I'm a bot) ***** > LONDON - Britain will not accept imports of chlorinated chicken in pursuit of a trade deal with the United States after Brexit, its environment minister said on Wednesday, days after a trade minister tried to play down public health concerns.  > Michael Gove, the minister for the environment, food and rural affairs, was asked in a BBC radio interview whether U.S. chlorinated chicken would be allowed in Britain as part of a future U.S. trade deal after Britain leaves the EU. &quot;No,&quot; he said.  > Trade Secretary Liam Fox has been criticized in recent days for dismissing the issue of chlorinated chicken as &quot;a detail at the very end-stage of one sector of a potential free trade agreement&quot; with the United States.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6pqpzz/uk_will_not_accept_chlorinated_chicken_to_secure/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~176288 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 **deal**^#2 **Britain**^#3 **United**^#4 **States**^#5"


Your name (and that address) is probably enough to get it entered against your credit score; he doesn't need a SSN. Worse than that, last time I checked, it was still illegal to skip debt by moving away.


This should get interesting. BEA is a chronic under-performer, poorly managed and shareholders are suffering and Paul Singer is looking out for his shareholders. David Li has incredible political and social influence in HK and China. Elliott does not stand a chance. Paul Singer wants David to bow out with two times BEA’s current book value, and everyone would win but David's ego is not calculated into this equation.


"I think you might be asking the wrong question. You have plenty of capital on the side that can be invested. Instead of asking whether you should get an adviser, you might want to examine what your end goal is. Are you looking to build long term growth of you capital? Are you asking about and adviser because you don't want to handle your money, or is it simply because ""that's what people do?"" I would imagine that the answer to 1. is yes and that the answer to 2. is that you want to handle your money, and you always considered this something best left to the advisers. I shall proceed on these hypothetical assumptions. In my humble opinion, I would do the following: Skip the adviser and the fees that go with it. For a young professional like yourself, especially with an engineering background, you can certainly handle the education required to learn the mechanics of investing. Invest some time to learn the fundamentals of the market such as asset classes, basic terminology ect. You will benefit in several ways. For one, you will learn an invaluable skill and save tens of thousands in fees during your lifetime. Moreover, you will have complete control of your risk profile, allocation, and every penny that belongs to you. I really am not bashing advisers, but no one will care as much about your money as you will. And don't be fooled. The market is efficient. An adviser does not have any more edge in a market than anyone else. And from first hand experience, they rarely outperform benchmarks net of fees. I assume you have made it to this step because you want to manage your own money and financial future. Sounds scary, how should one proceed? Let's assume that $100,000 is ""in play"". And since you are learning the ropes, let's leave $50,000 in cash for now. This leaves $50,000 to start a portfolio. I'd start by building a core position of all the major asset classes in ETF form. This means buying things like SPY or TLT. If you're comfortable, you can start selling monthly calls against these positions to reduce basis and earn some income. The point is, your only limitation at this point is taking time to learn the ropes. The technology is there, the free education is there, and liquidity and product mix is there. Next thing you know you're learning how gamma scalping works, or maybe you're more of a Buffett type.  This is how I view finance in general, and truly hope you break through the initial barrier to controling your own finances."


You need to contact the lender. Your copy of the title should show that your lender has a lien on the car. The potential buyer will want to be able to walk away with good title without risking their money.  It will not be as simple as signing the back of the title. The lender doesn't drop their lien until they get their money. When trying to sell a car with a lien to a private buyer, you may have to both go to the lender to complete the transaction. Or the buyer might want to send the money directly to the lender, or may insist on an escrow service. The fact you don't own the car may scare most individuals from the process. You will have to do whatever makes them comfortable.  A dealer will not be concerned about this type of transaction, but the fact that most individuals are,  may give the dealer enough competitive advantage to lower their offer to you. Steps: Keep in mind that after only 7 months many car loans are upside down.


Having a large state return also means that there is a potential income tax liability created at the federal level for the following year, as the situation resulted from the deduction of more on one's federal return than should have been deducted. The state refund is treated as federal income in the year it is refunded. http://blog.turbotax.intuit.com/tax-tips/is-my-state-tax-refund-taxable-and-why-90/


"Yeah...I was a libertarian until they said they want to end the Federal Reserve. I'm more of a conservative.   Your point (that a minimum wage at a major metropolitan area is often not a ""livable"" wage) is irrelevant. Wages are a  fee given to employees for their work. The way an employee earns a high wage is by providing value that is greater than that wage. If the value an employee brings to an employer is less than the wage he's paid, an employer will lay off that individual because the employee *costs* the employer money. Therefore, setting a minimum wage simply means you ban certain individuals (usually first time workers or otherwise unskilled) from the workforce because they currently do not have the skills and/or experience to justify that wage. Furthermore, the higher you set the minimum wage, the more people you deprive of jobs."


"there's people in Balance sheet substantiation that are the last ones to leave, or ""risk"" after dark when the lights turn off at 7 for this bank I intern for.  Luckily for me I have a front office role as an intern"