"I do a lot of my own legal work, even sued the IRS, and I always win**.  I would not attempt to do this myself.  I'd run straight to a tax professional***.  But if I did attempt this myself... My position is that I did a 401K to IRA rollover in good faith.  Such a rollover is perfectly common.  eTrade saw the paperwork and knew I was rolling over a 401K, and knew or reasonably should have known this rollover would be to an IRA, since rolling over to a cash account is a completely insane act which no-one would ever do.  I would gather and prepare to present every document that supports this notion in any way.  I would then take a hard look at my documentation and see how well I can support that argument.   Then I would research cases in tax court to see how the courts treated situations like yours.   I would not roll over the money to another IRA account until I had done that.   And I would move quickly.  This is a hard problem and there are no pat answers.  It depends a lot on the finer details.  One last thing.  Next time you do a move like this, start small.  Move $2000 over. ** My real skill is swallowing my pride and knowing when I'm wrong.  I settle those, and only fight the guaranteed winners.  *** This is not the usual SE kneejerk of ""hire a professional"".  I almost never do; but I would here.  It's an arcane area.  Also acting on a professional's advice is a ""get out of jail free"" card regarding penalties or punishments."


The range is fine. It's ~ 1-2X your annual income.  First, and foremost - your comment on the 401(k), not knowing the fees, is a red flag to me. The difference between low cost options (say sub .25%) and the high fees (over .75%) has a huge impact to your long term savings, and on the advice I'd give regarding maximizing the deposits.  At 26, you and your wife have about 20% of your income as savings. This is on the low side, in my opinion, but others suggest a year's salary by age 35 which implies you're not too far behind.  Given your income, you are most likely in the 25% federal bracket. I'd like you to research your 401(k) expenses, and if they are reasonable, maximise the deposit. If your wife has no 401(k) at work, she can deposit to an IRA, pre-tax.  It's wise to keep 6 months of expenses as liquid cash (or short term CDs) as an emergency fund in case of such things as a job layoff. They say to expect a month of job hunting for each $10K you make, so having even a year to find a new job isn't unheard of.  One thing to consider is to simply kill the mortgage. Before suggesting this, I'd ask what your risk tolerance is? If you took $100K and put it right into the S&P, would you worry every time you heard the market was down today? Or would you happily leave it there for the next 40 years? If you prefer safety, or at least less risk, paying off the mortgage will free up the monthly payment, and let you dollar cost average into the new investments over time. You'll have the experience of seeing your money grow and learn to withstand the volatility.  The car loan is a low rate, if you prefer to keep the mortgage for now, paying the car loan is still a guaranteed 3%, vs the near 0% the bank will give you.


"Here's my thought - call the insurance company back. Ask them to just tell you what the ""reasonable and customary"" approved payment would be. Offer that exact amount to the hospital, it's what they would have gotten anyway, and you learned a cheap lesson."


That's not how science works. Demonstrating non-spurious correlation is the responsibility of the author. Null hypothesis and all that.  That is to say, if some guy on the street tells you something, it's not _your_ responsibility to spend your time explaining to him or others how he might be wrong.


"This is somewhat of a non-answer but I'm not sure you'll ever find a satisfying answer to this question, because the premises on which the question is based on are flawed.  Money itself does not ""exist physically,"" at least not in the same sense that a product you buy does. It simply does not make sense to say that you ""physically own money."" You can build a product out of atoms, but you cannot build a money out of atoms. If you could, then you could print your own money. Actually, you can try to print your own money, but nobody would knowingly accept it and thus is it functionally nonequivalent to real money. The paper has no intrinsic value. Its value is derived from the fact that other people perceive it as valuable and nowhere else. Ergo paper money is no different than electronic money. It is for this reason that, if I were you, I would be okay with online Forex trading."


The president doesn't have a magic wand that automatically makes his will the law of the land.   The president is the chief executive over a complicated bureaucratic system we call the US government. With many branches and departments, some of which are legally separated by the US Constitution and not directly under the president's control.  No things aren't going to get better because the issues this country faces are beyond the office of the president. Maybe if Congress would get serious about America we would see a little traction on the recovery, as we would have 2/3 branches of the government moving in in the same direction. Currently the US government is a centipede with 2/3rds of its legs busted.  **EDIT:** I don't mean to give the impression that the Judicial Branch is dysfunctional so much as I wanted to illustrate that it tends to follow the Legislative and Executive branches, not lead them. The Legislative branch creates the laws that the Executive branch (Office of the President) enforces. The Judicial branch oversees these two branches to make sure they create laws that abide by and operate within the Constitution.


I worked at the Olive Garden in both New York and California.  Corporate Olive Garden is super cheap.  Staff doesn't even get a free meal when working all day (you have to pay for your food).    Managers got paid bonuses if they sold more deserts/alcohol so waiters are forced to offer every customer wine samples and pitch them on other drinks.    One thing I learned is that if you complain at one of the Darden Restaurants you are almost guaranteed to get comped.  The restaurants rely heavily on good feedback to keep corporate happy.  So eat all your food and then complain that it was gross and cold and they will give you free desert, or take the check if you push hard enough.


I don't see that this follows. Capital commitments require that one assess the ability to unwind as information changes - market frictions.  Thats why private equity demands a premium.    HFT is not investing - it is far closer to market making.  In that regard it is a social good.  What is of a concern is that they are far less supervised than a market maker.  They provide liquidity the way bankers provide loans - when it is not essential.  The old adage of an umbrella when it is sunny but take them back at the sign of rain.  If there are requirements to commit capital and maintain orderly markets with some oversight on their ability to maintain their capital ratios, a shadow market maker, then they should get to enjoy making a spread in exchange for keeping those spreads relatively tight.


"does it mean uncontrolled severe deflation/inflation is more likely to   occur compared to ""normal"" currencies such as USD, EUR etc? Look at the chart referenced in the link in your question.  It took approximately 50 years for annual production of gold to double from 500 tons to 1000 tons.  It took approximately 40 years for annual production to double from 1000 tons to 2000 tons. Compare that to the production of US dollars by the Federal Reserve (see chart below obtained from here).  US dollar production doubled in DAYS.  Which one do you think will lead to uncontrolled inflation/deflation? Update: Why did I include a chart of the FED's balance sheet?  Because this is the way newly printed money is introduced - the FED will purchase something from banks (mortgage-backed securities, US treasuries, etc.) with newly printed money.  The banks can then loan this money to people who then deposit the money into other banks who loan those deposits to other people and so on.  This is how the fractional reserve process expands the money supply.  This is why I did not include a chart of the money supply since that is counting the same money multiple times.  If I deposited 100 newly minted coins into a bank and that bank proceeded to loan out 80 of my coins where 80 are deposited into another bank who then proceeds to loan out 60 of the coins, and so on....the production of coins only changed by the initial 100 that I minted - not by the fractional reserve multiple. There are historical examples of inflation with gold and silver as duff has pointed out.  None of them come close in magnitude to the inflation experienced with government fiat money."


I know its a stretch and I'm not saying that I totally agree with it but you can argue that one person's own selfish consumption habits can be costly to the rest of us.  Perhaps it is a little like drunk driving, however, the harm there is physical first rather than financial.  I think that they should go ahead with the ban.  If nothing changes at all then reverse it.  Give people that one (totally unimportant) freedom back.  However, if it does produce positive results then what?  That is probably what Coca-Cola is most worried about.


When you have somewhat guy or gal at home you realize how advantageous simple resources like Printable Digital Calendars can be. You are able to use these practical and accessible sources to help your preschooler find out concerning the passing of one's power and effort, the circulation in the circumstances, statistics, the alphabet and so considerably far more.


"Insurance rates are based on statistics manipulated by experts in actuarial ""science"". Actuaries look at how many times different makes and models get into accidents or are targeted by thieves, and how expensive it is to repair them. Many auto and finance sites will publish lists of the best and worst insurance risks. Family style cars like minivans and family sedans fair well, while sports cars get more expensive insurance. New models will get the risk of similar models until there is statistical data on them. One other take away from this discussion is that inexpensive insurance usually coincides with cheap repair costs, lowering your total cost of operation for your vehicle."


"I mean it as a serious answer. If the very idea of your app is the valuable part then you won't have a successful business. If your idea is so incredibly amazing then someone can copy it as soon as your app comes out and you only have a couple months lead time.  Also, the ""proper"" answer, NDA, has been given several times.  Everybody has an app idea. Few people follow through.    And, well we're on the subject don't be ""that guy"" who tries to get a developer to make it for him (The actual skilled part)and split the profits 50-50"


"I doubt there is anything you can do to convince them you paid, outside of just talking to them, which it seems you already tried. These are the possibilities I can think of for how this happened: IMHO, the most likely scenario is #4. If 1 or 3 happened you'll never see your money again, but the other 3 possibilities leave open the option of the error being discovered in the future. My suggestion, if the copay is small, is to pay it again, ask for a receipt, and ask them to make a note in the system that you claim you already paid, and ask them to ""be on the look-out"" for any discrepancies in that amount. This way, (with a good amount of luck), if they find it or discover the error (from another customer asking about the credit, or an accounting cash surplus), they can refund it to you."


"> Basically you imply that one has the onligation to earn money, what if you replace that with right to live?  Yeah, that's basically what i'm saying. The minimum wage is a means to an end, and that end is ""as little suffering/death as is possible."""


Cloud and online are already saturated there is no more significant growth at the top or bottom. Amazon, Google and DO have so much more of this market than MS it just speaks to how big it really is since even such a tiny fraction still looks good on the MS bottom line.    I think they have a guaranteed slow decline into irrelevance just like IBM. Though I think MS will flame out long before IBM does.


You may still get an exception hold on the transfer if all of the named account holders on the checking and savings do not match. In my time in banking such an internal hold was exceedingly rare but did occur if other red flags were present.  Usually a hold is not an issue when transferring to savings.  Further, regardless of the factors above, your institution may require you to complete the transfer with a teller rather than digitally, but that's the institution's choice. Side note about large transfers: When you're doing an internal transfer of $100,000.00 or more, even if named account holders match, some banks' back-end systems will only process this amount in one day as a wire. If so, they will likely waive the wire fee.


"Luck is the wrong word then, since you believe it to be fake.    How about ""chance of birth"", ""chance of opportunity""?  ""Being in the right place at the right time"".  It's all the same thing.  > If you're from Darfur, sure you might be at a competitive disadvantage.  One must be from Darfur to have the same disadvantage?   Someone who grows up in abject poverty in the Appalachians you feel should be as successful as you?  Or growing up with a single mother on welfare in an urban environment?  Sure, you rose from meager circumstances to achieve.  But guess what, so did I.  I grew up on welfare, moved frequently, switched schools, but I made it eventually and am quite comfortable.  But unlike you, I still feel ""lucky"" for where I am today.  I am grateful, very grateful for what I have and where I am.  That is what we, as a society, lack currently. Gratitude.  Feeling pride in your self reliance is a good thing, but don't forget to be grateful, and don't feel the need to belittle others for their lack of success, because you don't know their situation, you don't know what they had to overcome."


Taxes are the least of your concerns. Your friends need licenses. Although this COULD be avoided entirely with certain craftily worded disclaimers and exemptions and the WAY that money is given to them.


Energy Transfer Partners, LP (stock symbol ETP) is the parent company of Dakota Access LLC, the developer of the Dakota Access Pipeline.  Since ETP is a publicly traded company, it is certainly possible to purchase the stock. To answer your questions: Would it not be possible to buy their stocks, bring down the price of the stocks and keep it there until investors pull out because it is financially unwise to these investors? You cannot artificially bring the price of a stock down by buying the stock.  Purchasing large enough amounts would theoretically cause the price to go up, not down. You could theoretically cause the stock to go down by shorting the stock (borrowing shares and then selling them), but it would take a lot of shares to do this, and may not be successful.  If not successful, your losses are potentially unlimited. Would it alternatively be possible to buy enough stock to have a voice in the operations of the company? Yes, you could theoretically purchase enough of the stock to control the company.  The market capitalization of ETP is currently $17.9 Billion; if you owned half of the stock, you would have complete control of the company.  But buying that much stock would certainly influence the price of the stock, so it would cost you more than half of that amount to buy that much stock. You could get yourself a voice at the table for less without owning a full half of the stock, but you would not have full control, and would need support from others to get the outcome you want. Alternatively, someone determined to exert their influence could theoretically make an offer to purchase the Dakota Access subsidiary from ETP, which might be less costly than purchasing half of the entire corporation. Even if an extremely wealthy person were to try one of these options and destroy this company, it wouldn't necessarily stop another company from building something similar.  The investors you purchased the company from would have billions of dollars to do so with.


If you are a US resident (not necessarily citizen) then yes, you do have to pay capital gains taxes on any capital gains, including interest from assets oversees (like interest from a savings account). Additionally you have to report all your foreign bank accounts according to FATCA (https://www.irs.gov/businesses/corporations/foreign-account-tax-compliance-act-fatca).


"? You have no idea what school I am talking about.  In my hometown, a child getting accepted into U of Illinois was one of the proudest moments in a parents life. I didn't get accepted into UI, but eventually I got accepted into a respectable school. I deal with people like that other commenter all the time. It's an epidemic. Why would I care to read his rude comments on Afghanistan when I have read books on the subject and been in the theater?  What, realistically, am I missing by engaging with him and putting up with his attitude?  And then there's you.  A brief view of your history shows me your school, your program, your lavish vacation, your frequent flyer tier as a freshman in college...  Honestly, I'm excruciatingly jealous.  So I hope you forgive me for my ""waving"" my pedigree of trying to be the first person in my broke-ass farm family to actually get a degree, but then getting beat out by my little sister because my mom could afford her college while I had to find a way to have Uncle Sam pay for mine."


"I think there are several issues here. First, there's the contribution. As littleadv said, there is no excess contribution. Excess contribution is only if you exceed the contribution limit. The contribution limit for Traditional IRAs does not depend on how high your income goes or whether you have a 401(k). It's the deduction limit that may depend on those things. Not deducting it is perfectly legitimate, and is completely different than an ""excess contribution"", which has a penalty. Second, the withdrawal. You are allowed to withdraw contributions made during a year, plus any earnings from those contributions, before the tax filing deadline for the taxes of that year (which is April 15 of the following year, or even up to October 15 of the following year), and it will be treated as if the contribution never happened. No penalties. The earnings will be taxed as regular income (as if you put it in a bank account). That sounds like what you did. So the withdrawal was not an ""early withdrawal"", and the 1099-R should reflect that (what distribution code did they put?). Third, even if (and it does not sound like the case, but if) it doesn't qualify as a return of contributions before the tax due date as described above (maybe you withdrew it after October 15 of the following year), as littleadv mentioned, your contribution was a non-deductible contribution, and when withdrawing it, only the earnings portion (which after such a short time should only be a very small part of the distribution) would be subject to tax and penalty."


Danh sách các ngân Hàng có nguy cơ bị sáp nhập  01 Ngân hàng Công thương Việt Nam 02 Ngân hàng TMCP Đông Á 03 Ngân hàng NNo&PTNTVN 04 Ngân hàng TMCP Liên Việt 05 Ngân hàng Phát triển nhà Đồng bằng sông Cửu Long 06 Ngân hàng TMCP Đông Nam Á 07 Ngân hàng TMCP Sài Gòn-Hà Nội 08 Ngân hàng TMCP Đại Dương 09 Ngân hàng TMCP Mekkong 10 Ngân hàng TMCP Phương Tây 11 Ngân hàng TMCP Phát triển Nhà TPHCM 12 Ngân hàng TMCP Hàng hải 13 Ngân hàng liên doanh VIỆT THÁI 14 Ngân hàng TMCP Nhà Hà Nội 15 Ngân hàng TMCP Phương Nam 16 Tổng công ty tài chính cổ phần Dầu khí  Mọi Tài sản gửi trong các Ngân Hàng này cần được chuyển sang cho các Ngân Hàng tốt hơn nhằm hạn chế Rủi Ro !


"That's the thing: It seems like such a simple solution doesn't it? Yes, that would work really well to stop ads from being blocked!   There's only one problem: The ad network has to trust the site that's using it.  ""Yeah, our image server delivered your ads a billion times last month. Now send us the check..."""


The other commenters have a point.  You're going to have a hard time succeeding without the right structure at work.  That said, you can look into sales methodologies like MEDDIC.  These methods are commonly deployed at B2B companies which it sounds like you are.


"You should establish a strategy -- eg a specific mix of investments/funds which has the long-term tradeofv of risk, returns, and diversification you want -- and stick to that strategy, rebalancing periodically to maintain your strategic ratios betwedn those investments.  Yes, that means you will somettimes sell things that have been doing well and buy others that have been doing less well -- but that's to be expected; it's exactly what happens when you ""buy low, sell high""."


This is a reasonable question about inflation.  I would just like to note that inflation is nearly zero at the moment.  And interest rates are very low.  For a stable enterprise, borrowing cash is very easy right now.  Naturally, things could change in a year.  But the reason a company like Microsoft (but not just them) might hoard cash right now is that it gives them weight for buying up smaller firms, muscling rivals, and signaling their comfort level with the way things look for them.  It could also be because they are out of ideas for what to invest in, and/or are waiting for conditions to change before making any big decisions.  But with an interest rate at close to zero, and an inflation rate at close to zero, at the moment, inflation is not going to be a consideration in evaluating such a company.


"Yeah.... Colombia is one of the top Emerald mining countries of the world. I recommend you to investigate a little bit about it, check emerald prices in your country, then you'll find out if it's really profitable for you.  If so, I recommend you to buy them at the ""Emerald Trade Center"" located in Bogota, all gemstones there, are certified, sometimes you can find people selling really cheap emeralds on the street, but most of the time it's a scam.   Depending on size, color Weight, treatment, etc. Emeralds are less or more expensive. You can buy just the emerald or emerald Jewerly.  Once I met a Colombian guy in Aruba, who buys emeralds in his country and then he sells it in Aruba. He said, it was profitable in Aruba.   If so, I recommend you to buy them at the ""Emerald Trade Center"" located in Bogota, all gemstones there are certified, sometimes you can find people selling really cheap emeralds on the street, but most of the time it's a scam.   Depending on size, color Weight, treatment, etc. Emeralds are less or more expensive. You can buy just the emerald or emerald Jewerly.  Once I met a Colombian guy in Aruba, who buys emeralds in his country and then he sells it in Aruba. He said, it was profitable in Aruba."


The Vanguard Emerging Market Bond Index has a SEC yield of 4.62%, an expense ratio of 0.34%, a purchase fee of 0.75%, and an average duration of 6.7 years.  The Vanguard Emerging Market Bond Index only invests in US Dollar denominated securities, so it is not exposed to currency risk.  The US Intermediate Term Bond Index Fund has a SEC yield of 2.59%, an expense ratio of 0.1% and an average duration of 6.5 years.  So after expenses, the emerging market bond fund gives you 1.04% of extra yield (more in subsequent years as the purchase fee is only paid once).   Here are the results of a study by Vanguard: Based on our findings, we believe that most investors should consider   adding [currency risked] hedged foreign bonds to their existing diversified portfolios. I think a globally diversified bond portfolio results in a portfolio that's more diversified.


"What is it with every large company with millions of customers - ""what can we do to keep the people who aren't our customers happy?"". As small business owner I'm drilled to look after my existing customers. If I start ignoring them and focusing on those who aren't my customers, maybe I will be an enormous conglomerate."


1. Up to you, enough such that you are confident in your results  2. We should make a subreddit :), and I should write up a tutorial for quantstrat for dummies  a) You want the methodology, max DD Relative to portfolio equity, and where the strategy works and does not work.  b) be critical at every step of the way, so you can consistently improve.


"You come off as a douchebag when you start a post, but I hadn't heard of duress in contract law. Does this apply to your average dental patient looking for a cleanup? There are other dentists and he didn't make any threats for them to sign the contact.  I knew vaguely of the concept of duress, and was implicitly ignoring that. I meant contracts for goods or services of an ""everyday"" nature.  But if you were making fun of me for being a kid or being naive or my lack of knowledge of the law, it came off like you were a total dick."


Check your pregnancy through pregnancy week calculator, pregnancy calendar at OmmeWorld. Getting pregnant is such a very amazing moment for  women. If you will get this surprise then maybe you will face many problems about your pregnancy period. You should know more about your weeks, about your diet.


It cost a lot of money to pay the poet to make wording, designers/photographers to make the post-cards and miscellaneous staff (Executives, HR, shareholders etc.) These cost are thrown onto the buyers.


I have 1.5 years intern experience as a risk analyst doing programming work. Im a math major with a cs minor who can program fluently. I also understand basic finance terms and macro and micro economics. I applied to like 40 internships and got denied on all of them.   Sitting here wondering how the fuck I get beat out by a cashier.


Gold is classified as a collectible so the gain rates are as follows: So you'd report a gain of $100 or $1,000 , depending on which coin you sold.


Not at all man, for it to be a *coup de grâce* someone would have to have actually taken up and countered my argument, then been defeated on riposte, then finally laid down by the stark reality that returning to the gold standard is a horrible idea.   But no one took it up, so I'm glad you made the point.  It would have gone stale in my back pocket.


Thanks for showing me that. I can see it now. I have always used my formula, and even a senior at another company confirmed the way I calculated the returns.   Luckily, I do not work with that manager, and he has his own model, and so do I. But he was pretty cool about it when I asked about his calculations.


3 Yes, a big yes, it cannot go into the account it came from. Then both accounts >can't be touched for a year. 3) Actually it looks like you can reinvest it in the same IRA account. Based on IRS publication 590 http://www.irs.gov/publications/p590/ch01.html You can withdraw, tax free, all or part of the assets from one traditional IRA if you reinvest them within 60 days in the same or another traditional IRA. Because this is a rollover, you cannot deduct the amount that you reinvest in an IRA.


"> Your argument is literally ""That guy who robbed you spent the money on a bench and you sat on it. So, yaknow, he was justified robbing you.""   To give another analogy along with /u/halfback910's ,  you are saying ""That slave accepted food from his master, therefore he consented to the slavery""."


In the terms of profit, you're most likely not going to make any. The other posters had good suggestions about donating and I say the same.   The fact that you had no business insurance leads me to believe that you may just have an expensive hobby and not an actual business. Talk to your accountant/tax preparer and see what and how much loss can be deducted, although that doesn't help in the present.   This is a hard lesson to learn but I hope it sticks. **Always** have business insurance, especially in an area such as yours where hurricanes are relatively normal. It's absurdly foolish and unacceptable not to have insurance.   I hope all works out.


"Ditto Nate Eldredge in many ways, but let me add some other thoughts. BTW there are not four types of account, but five. You're forgetting equity, also called capital. Would it be possible to design an accounting system that does not have 5 types of accounts, maybe is simpler in other ways, and is internally consistent and logical? I'm sure it is. But what's the advantage?  As Nate points out, the existing system has been in use for hundreds of years. Lots of people know how it works and understand it.  I'd add: People have long since worked out how to deal with all the common situations and 99% of the odd cases you're likely to hit. If you invent your own system, you're starting from scratch. You'd have to come up with conventions to handle all sorts of situations. How do I record buying a consumable with cash? How do I record buying a capital asset with credit? How do I record paying off debts? How do I record depreciation? Etc etc. If you worked at it long and hard enough and you're a reasonably bright guy, maybe you could come up with solutions to all the problems. But why?  If you were approaching this saying, ""I see these flaws in the way accounting is done today. I have an idea for a new, better way to do accounting"", I'd say good luck, you have a lot of work ahead of you working out all the details to make a fully functioning system, and then persuading others to use it, but if you really do have a better idea, maybe you can revolutionize the world of accounting. But, ""The present system is too much trouble and I don't want to bother to learn it"" ... I think that's a mistake. The work involved in inventing your own system is going to end up being way more than what it would take to learn the existing system. As to, Aren't liabilities a lot like assets? Well, in a sense I suppose. A credit card is like a checking account in that you can use it to pay for things. But they're very different, too. From an accounting point of view, with a checking account you buy something and then the money is gone, so there's one transaction: reduce cash and increase office supplies or whatever. But with a credit card there has to be a second transaction, when you pay off the charge: So, step 1, increase debt and increase office supplies; step 2, decrease debt and decrease cash. Credit cards charge interest, well you don't pay interest to use your own cash. Etc. One of the beauties of double-entry book-keeping is that every transaction involves a debit and a credit of equal amounts (or a set of debits and credits where the total of the debits equals the total of the credits). If you combine assets and liabilities into, whatever you call it, ""balance accounts"" say, then some transactions would involve a matching debit and credit while others would involve a positive debit and a matching negative debit and no credit. I'm sure you could make such a system work, but one of the neat built-in protections against error is lost. There's a very logical distinction between things that you have or that others owe you, and things that you owe to others. It makes a lot of sense to want to list them separately and manage them separately. I think you'd pretty quickly find yourself saying, ""well, we have two types of balance accounts, those that represent things we have and which normally have positive balances, which we list on chart A, and those that represent things we owe and which normally have negative balances, which we list on chart B"". And before you know it you've just reinvented assets and liabilities."


Less shares outstanding means that, holding the dividend per share constant you would have a lower total dividend expenditure.  The more likely outcome is that, if you want to return capital to shareholders through a dividend, you just pay a higher amount per share.


Ask your colleagues!  I know that sounds obvious, but just go to where people who do your sort of business hang out (or better, find some venture capital firms and ask their portfolio companies).  It's not something people would keep secret from you...


For an individual there will not be much impact immediately. This arrangement will help Corporates and Banks settle payments more easily. - It would typically help companies dealing with Yuan [Buying or selling to China or Countries that accept Yuan as payment] to make payments at a cheaper cost & in less time. - In the near future it would make it easier for companies to invest more into China financial markets - It would also open up / create new market for derivatives and other allied products - It would also make Singapore a market place for Yuan outside China [and Hong Kong] resulting in more money and related product. In a related move this would make it easy for Singapore Central Bank to invest in China.   Once the markets matures more, there could be some products for Individuals.


I find that very surprising. My engineering degree came with a healthy dose of engineering economics. It's just another optimization problem for an engineer and they are generally really good at that sort of thing if you pose the problem to them. Of course the best ones already know this but even the lesser ones will generally do a good job if they know the business goals and constraints.  Of course, management needs to share what those are and often they suck at that.


The earnings portion will be taxed at your marginal tax rate + 10% penalty. If the total is $100, then the earnings portion is probably not very significant for this to be a concern. But it's something you could put into a Roth IRA and let it compound with the rest of your retirement savings. Depending on your age, the compounding effect of $100 invested early enough tax free can be thousands of dollars at retirement. i.e. You have 60 days to deposit it into a Roth IRA. Don't let that pass you by.


Security Company Miami - At Homeland Patrol, we’ve been providing the best in security protection for years to businesses and residents in Florida. We are the first line of defense in safeguarding their properties, people, or events, and we can do the same for you.


Uhuh. And if I go to the Sushi bar 10 minutes before they close, they'll give me their stale rolls 50% off. Will CNBC right on article on that tip from me?  Its just a stupid article.


If there's a market for it, then it has value. No reason that it shouldn't be used, unless that market is just too volatile to ensure future value; which, I don't think is the case with fine art. If anything, there is almost the certainty that their value with increase with time.


Probably the easiest way to invest in hotel rooms in the U.S. is to invest in a Real Estate Investment Trust, or REIT.  REITs are securities that invest in real estate and trade like a stock.  There are different REITs that invest in different things: some own office buildings, some residential rentals, some hold mortgages, and some are diversified in lots of different types of real estate.  There are also REITs that are exclusively invested in hotels. REITs are required to pay out at least 90% of their profits as dividends, and there are tax advantages to investing in REITs.   You can search for a REIT on REIT.com's Searchable Directory.  You can select a type (Lodging/Resorts), a stock exchange (NYSE), investment sector (equity), and a listing status (public), and you'll see lots of investments for you to consider.


Linksyssmartwifi setup wizard lets you setup the Linksys router by just following some instructions. If you get any trouble in the installation or want to change the settings and need help then we are here to help you. Get in touch through the live support window.


Welcome To Tizaa Works! This website is for everyone who wants to submit or read articles about businesses. Most of the articles here are from business and technology enthusiast who is willing to share their knowledge and experience that could give insights to others especially to the people who are starting their own business.


>The firms have to pay a shit ton of money in lawsuits.  Not really..does anyone remember the wrongful death post from the guy who's mom worked in the oil industry? No lawyer would take the case because it was unwinnable.


We provide the best digital marketing and website design service in the world. We can help you to improve your marketing messages,  but it's also a basis for you to know what works and what doesn't. We provide the best software tools that track for email marketing. If you are looking Email marketing gainesville fl, we are the best one way for you. Your email marketing campaigns is really very important in any business.


One of the tricks to prepare best coffee is to use fresh, high quality beans. Even though the bean to cup coffee machines grind the beans fresh for every brewing, you nonetheless need to have fresh coffee the with best espresso beans you will get the greatest aroma and flavor.


If you can still work or have income to support yourself, I would wait. contrary to some media reports, Social Security has enough money to cover full benefits for a number of years to come, and there are solutions that don't involve cutting payouts. And as mentioned before it is likely you'll be grandfathered in if there are cuts.


Yeah because there are not already 30 self checkout lines in Walmart. Even mc Donald's has them. Sorry but this is going down with a shit minimum wage. If 500,000 have to 'lose' their job for tens of millions to have a living wage so be it.


You can't really avoid inflation. As the population grows, the amount of money needed will grow as well (because the people will grow up and go to work and earn money, and someone has to create it to pay them). One of the definitions of inflation is increasing amount of money. Increasing amount of money causes devaluation (for example, if instead of 1000 dollars we now have 2000 dollars in circulation, because the population tripled in the last 50 years, while in Russia the population remained the same and they have the same 1000 rubles as they had 50 years ago - 1 ruble will no longer cost 1 dollar, but rather 2, i.e.: prices rise). This is very simplified of course, and there are a lot of causes and triggers for inflation. Inflation, when controlled and within certain limits is necessary for growth, as mentioned, but when uncontrolled and very high it causes a lot of damage, and that's what troubles people about inflation, not its mere existence. As to bringing the prices down- the prices don't go down, the  gallon of gas will not go back to $0.25. It's just the buying power of the money goes down, because of inflation. You could buy a gallon of gas for 0.25 50 years ago, but you had to work for 1/2 hour to earn these 0.25. Now you have to pay $4, but if you still need to work for 1/2 hour for that, then the price didn't rise, effectively.


"Give him a second chance to fix it.  Some computer problems are hard to nail down.  THIS:  So you're a tech.  It's common to work a problem, do procedure A and B   that should've fixed it, test repeatedly to make sure it's fixed, and   hand it back to the customer... and then the customer, under his   operating conditions, has it fail again.  If it comes back to you, you have the foreknowledge that A and B   didn't work.  And you immediately try C and get it fixed.   This   knowledge does not magically transfer to other shops.   So the user goes into Yelp Mode and storms off angry to another shop... they   blindly try A and B again, burn in, send him home, it fails again,   user's even madder.  This is how computers DON'T get fixed. 5% discount for cash is reasonable. If you want to know why that's normal, sign up for Square.  Credit cards and checks have a significant overhead, including the risk of bounces and chargebacks, and that adds up to about 5%.  Only a few businesses actively solicit it, but many family-owned businesses would accept it if you offered.  So firstoff, does the shop give you a creep factor other than your feelings about him not fixing it the first time?  If so, cut your losses and bolt. You will definitely need to pay cash to have this fixed properly.  Otherwise take it back to him and give him a chance to fix it properly. Having dealt with a lot of customers, what you say sounds an awful lot like ""problem so minor I was able to use it for 9 months before bothering to get it fixed which I'm only doing because the warranty is ending"", and therefore, ""I am resentful about having to give it up for an extended period of time to have it fixed because the problem Just Isn't That Important"".  If that's true, you're in a values conflict and you might just be better off recognizing that.  Cheap PCs are cheap.  But the vast majority of niggling PC problems are not in fact hardware problems, they are just MS-Windows being MS-Windows."


"Dividend paying stocks are not ""better""  In particular shareholders will get taxed on the distribution while the company can most likely invest the money tax free in their operations.  The shareholder then has the opportunity to decide when to pay the taxes when they sell their shares.   Companies pay dividends for a couple of reasons.... 1.) To signal the strength of the company. 2.) To reward the shareholders (oftentimes the executives of the firm get rather large rewards without having to sell shares they control.) 3.) If they don't have suitable investment opportunities in their field.  IE they don't have anything useful to do with the money."


First, I believe that you can't just divide the losses over a number of years. I know that would be ideal as it might let you use the losses to only offset 25% income. A loss that gets you below zero taxable income would carry forward to the next year.  That said, I think it would be a great strategy to use the loss to offset a Roth conversion, in your case, from the traditional 401(k) to Roth 401(k). Keep in mind, as you've seen from using the 2016 tax year TurboTax, you should be able to make a fairly good estimate for your 2017 return. This could effectively use all of the loss to offset 25% income.  I'd look at the current projection and convert say 75-80% of the target amount immediately, then in November when the 2017 software comes out, convert the rest to get as close to your goal as you can.


Gold ETFs are treated different than stock ETFs, as a collectable. This makes long-term investing in gold ETFs (for one year or longer) subject to a relatively large capital gains tax (maximum rate of 28%, rather than the 15% rate that is applicable to most other long-term capital gains). Read The Gold Showdown: ETFs Vs. Futures for more details.


"Why? Money isn't leaving the State's coffers, so there is no opportunity cost. The ""costs"" (or ""payouts,"" as the article disingenuously labels them) are tax breaks. There is little chance that Foxconn would invest in WI (or any other state) without some tax breaks, so the tax breaks aren't even forgone revenue in the purest sense, either."


You may have a few options if the company continues to ignore your communication.  Even if none of these works out, the debt should still probably be paid out by the estate of your friend.


Is investing in a Roth retirement account only better if you will be in a higher    tax bracket in retirement? If you are pushing up against the contribution limits, a Roth account may allow you to save more money in tax-advantaged accounts. In your example, you are putting $100 pre-tax in a traditional account vs $85 post-tax in a Roth account. But if there are limits, and the limits are the same for traditional or Roth accounts (as they currently are for US 401(k) accounts), you can effectively put more into a Roth account, where the limit applies to the post-tax amount, than a traditional account, where the limit applies to the pre-tax amount. If so, is there any case in which a traditional retirement account is better than a Roth account? It is smart to have some money in a traditional account, because the first amount of money you earn or withdraw each year (up to the standard deduction) is taxed at 0%, which is probably less than your current rate. And the next bit of money is taxed at only 10%, which may also be less than your current marginal rate. Of course, things may change by the time you retire, but it is probably safe to assume that we will still have some kind of progressive (income bracketed) tax structure.


Check with a small local bank or credit union, they might offer better terms. That said, my local credit union still charges $6/month for a checking account if you don't have a direct deposit into it.


It's extra work for you to purchase a vehicle that has an outstanding lien on it. It's not uncommon, but there are things to take care of and watch out for. Really, all it means is that the vehicle you're trying to purchase hasn't been paid for in full by the current owner. Where things can get dodgy is ensuring that all outstanding debts are paid against the vehicle at the time you take ownership of it, otherwise the owners of those debts could still reclaim the vehicle.  Here's a good article about making this kind of purchase.


"> Literally not a single word of this comment is true.  Every word is true.   > 1) 26.9 gross margins just got posted, with zero ZEV revenue.  I'm not talking about their posted numbers.  Taxpayers get tax credits for buying them.  If taxpayers didn't get those tax credits then TSLA would have to lower the price of the car and they would be a loss.     > 2) Your 11,000 number is completely made up, particularly given that they had zero ZEV revenue.  See above.   > 3) What competition? Name a car. There's nothing.  I said competition is ""coming"", not that it's here.   > 4) Again, literally on that very same call, they said they've shaved hundreds of pounds off of the Model S since it started production due to improvements in battery technology. Batteries improve 8-10% every year. Everyone knows this.  1.  TSLA has worse battery tech than the cutting edge battery companies whose batteries are coming in the new competition.  2.  If you believed everything that companies said in conference calls you would be leveraged long every company in the world."


">If this were true, why force citizens to use a specific central bank's paper money via ""legal tender laws""?  You do not have as much of an idea of what you are talking about as you think you do.   You can pay a person for their good or service in any sort of money you want, including gold, bitcoins, fishes, cupcakes, iron ore, or whatever. However, they must be willing to accept it. If you attempt to pay them in USD, however, they can't refuse. So why not start attempting to pay for things in semiconducters?"


"They exceed in rote academics, tasks that lend well to memorization.  But they lag in areas that require critical thinking and ""thinking outside the box"".  There have been a few recent studies on the subject but my google-fu is lacking right now.  It's not racial, but rather cultural and the effect has to do with the teaching style employed.  I imagine it comes from having to memorize 30-50,000 shapes and meanings, writing them over and over, you spend more time on that and less time being trained to be creative like the western approach.  There are advantages and disadvantages to each.  And also, you have an element of 1st wave immigrant bias involved (I don't think that's the right term, but I remember the basic concept discussed in a couple of my econ courses).  The early immigrants to a country tend to be the most self motivated, the most skilled.  Key word here is ""tend"", not all, but most of the 1st wave are the most entrepreneurial.  This is most pronounced in immigration to a new country.  Once the wave of immigration has become established, you get the 2nd and 3rd wave of immigrants come in, where those that come in lack the skills of the 1st wave and are able to take advantage of the inroads laid by those who came first."


After that I moved to the Middle East on March 23rd, 2015 As an NRI, one should not hold any Savings account. Please have this converted to NRO Account. Additionally it is advised that you open an NRE account. Both these can be done remotely. If I transfer money from here to a non NRE/NRO account then is it taxable? Assuming its income earned when you are NRI, it is not taxable. However if there is audit enquiry you would need to have sufficient proof to back that this income is earned during your period as NRI and hence not taxable. As indicate above, holding a savings account when you are NRI is a breach of FEMA regulation.  I have been getting mail from myITreturns.com to file income tax returns. Since I am considered as NRI, do I have to fill any non return form online? If there is a source of income in India, interest on savings account etc, it is taxable and you would need to file appropriate returns. Even if you have zero income, it is safe to file a NIL return. For the year 2014 do I have to file income tax returns? For the financial year 1st April 2014 to 31st March 2015, you are still a resident Indian for tax purposes. You should have filed the return by June 2015 if there was tax due, else by March 2016. If you have not done so, please do this ASAP and regularise it.


First thing to note is that contributions (i.e. the total of all the amounts that you directly contributed into Roth IRA at any point in time) to a Roth IRA can be withdrawn at any time, without needing any reason, without any tax or penalty. Early withdrawal (early because you are under 59.5) of earnings, on the other hand, will incur tax and penalty. (I didn't go into withdrawal of conversions as those are a little more complex.) When you withdraw, contributions come out first, so as long as you don't withdraw more than the amount of past contributions, you won't have any tax or penalty. And if it's not going to have tax, it doesn't really matter if you do it this year or next year. If you need to dip into the earnings, however, then maybe it would be better to do this year so it will be taxed at lower rates.


Prison in the US has nothing to do with an economic context. White collar crimes will always be sentenced less harshly than violent crimes.  I don't expect to see Madoff on the street anytime soon. So the original premise doesn't hold across the board.  The system is fucked up though. What can you do. People like Corzine are ingrained in our government and financial institutions.


MattMcA definitely gave you excellent advice and said a lot of what I would say to you. Most databases that are going to give you the most comprehensive information, but in a well formatted way, are going to require subscriptions or a fee. You should try to visit a library, especially one at a university, because they may likely have free access for you. At my alma mater the preferred database among students was LexisNexis Corporate Affiliations. http://www.corporateaffiliations.com/  With this company directory, you get public and private company profiles. You can use Corporate Affiliation’s MergerTrak™ and get full coverage on current and past mergers and acquisitions.  I definitely think this is a business database you should look into. You have nothing to lose seeing as they have a free trial.  Just to add, there’s always a business news feed on the homepage. As I just checked now, this one caught my interest: For Marvel Comics, A Renewed Digital Mission.


Yeah and that's one of the reasons I never go there.  Another, major, one is that I live in California so there's authentic Mexican joints littered about in every city with way better tasting food for less money.  Also free salsa bars and chips.


"If you are buying and selling mutual funds in the same family of funds (e.g. Vanguard), then you can set up an on-line account on the Vanguard website (www.vanguard.com) and it is easy: Vanguard offers a ""Transaction"" service that allows you to sell shares of VFINX, say, and buy shares of VBTLX, say, from the proceeds of the sale all in one swell foop. But, if you are holding the VFINX shares through your on-line account with, say, eTrade, then it depends on what services eTrade provides to you. Will it allow doing all that in one transaction, or will it wait for the cash to come from Vanguard, and then send the money back to Vanguard to invest in VBTLX? In any case, selling VFINX shares and investing the proceeds in PRWCX shares, say,  cannot be done on the Vanguard site only; Vanguard will send the proceeds of the sale of the VFINX shares only to your bank account, not anywhere else. You  then need to tell T. Rowe Price (where you presumably have an account already) that you want to invest $X in PRWCX shares and to withdraw the cash from your bank account. If you are doing it all through eTrade, then the money from the sale of VFINX goes from Vanguard to eTrade (into something called a sweep account, or maybe your cash account at eTrade) and you invest it in PRWCX after appropriate delays in receiving the money from Vanguard into eTrade, etc. If your cash account (bank or eTrade) has enough of a balance, you could sell VFINX and buy PRWCX on the same day. where the purchase is made from the money in the cash account and replaced a few days later by the proceeds from Vanguard. Bouncing of checks (or inability to act on a hot tip to invest in something) in the interim is your problem; not the bank's or eTrade's."


From a page on consumerfinance.gov A debt collector generally may not contact your employer or other third-parties about the debt. Debt collectors may ask your employer to verify your employment, or ask for your address or telephone number. Note - they aren't even allowed to tell the employer that they are trying to collect a debt. So - even if you were the guilty party, this isn't allowed.  They've already broken very clear laws and thus are probably not trustworthy, so (echoing what others have said) don't give them your own personal information.  If they've done one day's research on the law governing their industry they know this is illegal.  If they've actually gotten any money from your employer, it's theft.  If they haven't then it's just attempted theft.  Contact the police regardless. Also - contact a lawyer.  You may well have the right to sue them.  They've broken Federal laws in a way that causes you injury.  Odds are they've broken state laws as well. One last point - do you even have proof that these are debt collectors collecting a real debt, rather than people trying to get you to give them your SSN?  Perhaps their business plan is to look at company webpages and send bogus requests to the employers for some random employee and then see what information they get back (I'm not him, here's my personal information).  Be very careful to not give any personally identifiable information (date of birth, address, SSN, mother's maiden name, etc).  Anything they ask about you don't provide.


> Hybrids & electrics are not quite ready for the prime time.  I mostly agree.  But I know a couple Prius owners and they love their cars.   > without a massive and permanent increase in oil prices, widespread adoption is unlikely.  I believe the increase is inevitable.    You mention 20 to 30 years out.  Thirty years back, my car still had  a carburetor.  We've come light-years since then.  I suspect the time frame for being ready for prime time is more like ten years.  The Chevy Volt just got a 10% bump in electric-only range.


">  the business class replace engineer/programmer-managers.  This is more true than you know. As someone who has worked at Microsoft and talked to many senior executives, the leadership doesn't really ""get"" technology the way they used to. It's been happening for a while, and the best example of it was probably the Gates/Ballmer transition. Microsoft, at best, will eventually become another GE - a company that develops technology, but no longer a company driven by technology and innovation. Of course, nothing is changing in the short term though, not as long as Windows and Office keep printing money."


"In my opinion, you're in a precious metals ""bubble"" when rising prices are driven by the people's desire the own the commodity without a reason other than ""the market is going up"". Usually ""bubble"" markets are fueled by lots of debt. IMO, this isn't a bubble. I don't think that silver and gold values are shooting up like a rocket due to some orgy of speculation.  In my opinion, citizens are losing faith in the government and in the value of money itself. If you have money to save, most banks pay less than 1%. The government claims that inflation is nonexistant -- the inflation rate on a US Series I Savings Bond was 0.37% in November 2010. Yet most people are noticing escalations in price in things that dominate their budget -- fuel, healthcare, local taxes and food. I bought a pound of store-brand butter for $3.99 yesterday... that was $0.99 4-5 years ago.  People are seeing precious metals as a way to hedge against that. They're rational about it -- trying to protect assets is different than speculation. I think the question to ask is: ""Is the US Dollar's value a bubble?"""


"OneTwoTrade is a binary option seller, and they are officially licensed by the Malta Gaming Authority. They are not in any way licensed or regulated as an investment, because they don't do actual investing. Is your money safe? If you mean will they take your money and run off with it, then no they probably won't just take your deposit and refuse to return any money to you for nothing - that would be a terrible way to make money for the long-term. If you mean ""will I lose my money?"" - oh yeah, you probably will! Binary options - outside of special sophisticate financial applications - are for people who think day trading has too little risk, or who would prefer online poker with a thin veneer of ""it's an investment!""  In the words of Forbes, Don't Gamble On Binary Options:  If people want to gamble, that’s their choice. But let’s not confuse   that with investing. Binary options are a crapshoot, pure and simple. These kinds of businesses run like a casino - there's a built-in house advantage, you are playing odds (which are against you), and the fundamental product is trying to bet on short-term volatility in financial markets. This is often ridiculously short-terms, measured in minutes. It's often  called ""all or nothing options"", because if you bet wrong you lose almost everything - they give you a little bit of the money you bet back (so you will bet again, preferably with more of your own money). If you bet correctly you get a pay-out, just like in craps or roulette. If you are looking to gamble online, this is one method to do it. But this isn't investing, you are as mathematically likely to lose your money and/or become addicted as any other form of money-based gambling, and absolutely treat it the same way you would a casino: decide how much money you are willing to spend on the adventure before you start, and expect you'll likely not get much or any of that money back. However, I will moralize on this point - I really hate being lied to. Casinos, sports betting, and poker all generally have the common decency to call it what it is - a game where you are playing/betting. These sorts of ""investment"" providers are woefully dishonest: they say it's an exciting financial market, a new type of investment, investors are moving to this to secure their futures, etc. It's utterly deceptive and vile, and it's all about as up-front and honest as penny auction websites. If you are going to gamble, I'd urge you to do it with people who have the decency to to call it gambling and not lie to you and ask for a ""minimum investment""."


"Average rent rates will typically rise and fall, and are market-dependent just like real estate. In the short term, a collapse in housing like the one we saw in 2008 can induce a spike in rental costs as people walk away or get foreclosed on, and move back into apartments. That then tends to self-adjust, as the people who had been in the apartments find a deal on a foreclosed house and move out. However, one thing I've seen to be near-constant in the apartment business is that a landlord will offer you a deal to get in, then increase the rent on you from year to year until you get fed up and move. This is a big reason I didn't have the same address for two years in a row until I bought my house. The landlord is basically betting that you won't want to deal with the hassle of moving, and so will pay the higher rent rate, even if, when you do the math, it makes more sense to move even to maintain the same rent rate. Eventually though, you do get fed up, look around, find the next good deal, and move, ""resetting"" your rent rate. I have never, not once in my life, seen or heard of any landlord offering a drop in rent as a ""loyalty"" move to keep you from going somewhere else. It's considered part of the game; retailers will price match, but most service providers (landlords, but also utility providers) expect a large amount of ""churn"" in their customer base as people shop around. It averages out."


No, YOU made it about me.  > If we were both to start our own companies,  > people like you   I'll talk to my employees and the other 100's of people I interact with daily.    You should try it some time.


"This is an attitude that I feel equal parts scorn and sympathy for.    On the one hand, of course it's easier to believe something once you've investigated the topic and played with the equations yourself.  On the other hand, you have the knowledge and skills required to be an exquisitely rational actor and you're going through your life with ""*probably other people can't do math*"" as a heuristic."


"Ill give you two bits of advice...  1. Word of mouth is the best marketing tool for this particular business. That's because people dont get excited about plumbing, rather they only need it when they have a problem.  Providing the best customer service and following up months after your service was completed (letters, personalized e-mails, gifts, etc), will make your customers refer others.  3. Make sure your website is SEO friendly. When people need plumbing done, they will often do a google search as follows: ""Plumbing (Town, State)"", Let me know if you want to learn more about SEO and ill give you a few resources. Although it is an effective marketing technique it is also very easy to get scammed by so called ""SEO Professionals""."


"This is the best tl;dr I could make, [original](http://www.nber.org/papers/w23735) reduced by 64%. (I'm a bot) ***** > We use unique administrative data from a large private university on the East Coast from 2009-2016 to test whether women are more sensitive to grades than men, and whether the gender composition of major-related classes affects major changes.  > The results show that high school academic preparation, faculty gender composition, and major returns have little effect on major switching behaviors, and that women and men are equally likely to change their major in response to poor grades in major-related courses.  > Women in male-dominated majors do not exhibit different patterns of switching behaviors relative to their male colleagues.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6wk0s6/choice_of_majors_are_women_really_different_from/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~199824 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*: **major**^#1 **women**^#2 **gender**^#3 **student**^#4 **switch**^#5"


"Tax US corporate ""persons (citizens)"" under the same regime as US human persons/citizens, i.e., file/pay taxes on all income earned annually with deductions for foreign taxes paid.  Problem solved for both shareholders and governments.  [US Citizens and Resident Aliens Abroad - Filing Requirements](https://www.irs.gov/individuals/international-taxpayers/us-citizens-and-resident-aliens-abroad-filing-requirements)  >If you are a U.S. citizen or resident alien living or traveling outside the United States, **you generally are required to file income tax returns, estate tax returns, and gift tax returns and pay estimated tax in the same way as those residing in the United States.**  Thing is, we know solving this isn't the point.  It is to misdirect and talk about everything, but the actual issues, i.e., the discrepancy between tax regimes applied to persons and the massive inequality it creates in tax responsibility.  Because that would lead to the simple solutions that the populace need/crave.  My guess is most US human persons would LOVE to pay taxes only on what was left AFTER they covered their expenses."


Yeah, Microsoft, watch out! You don't want to be a company that has certain *extremely lucrative* markets cornered by providing vertically integrated solutions at exorbitant prices. No sir, that's a horrible fate to have. Poor, poor IBM, with their $90 billion in revenue.


It is not unheard of. Celebrity investors such as Warren Buffet and Carl Icahn gained notoriety by more than doubling investments some years, with a few very stellar trades and bets. Doubling, as in a 100% gain, is actually conservative if you want to play that game, as 500%, 1200% and greater gains are possible and were achieved by the two otherwise unrelated people I mentioned. This reality is opposite of the comparably pitiful returns that Warren Buffet teaches baby boomers about, but compounding on 2-5% gains annually is a more likely way to build wealth. It is unreasonable to say and expect that you will get the outcome of doubling an investment year over year.


If you are off by coins, how can you be sure that you only made a typo and didn't miss a transaction?  To start off, I would strongly you find a way to be precise.  It doesn't matter so much in the accounting, but the habit of doing a thorough job will pay off in other dividends down the line. Basically, do the pennies now.  Tryout some free online software to save the headache of data entry. But........ Since my primary goal is to get you to do the budgeting, and if you really hate the coins, just be consistent in how you fudge the debits and the credits. Always round down to the nearest whole in income, and always round up on expenses.  You won't overspend this way, and your back account should have a little bit of padding because you will assume less money in and more money out. Honestly, I do tracking in both Quicken and Mint.com, so the transaction size is no big deal to me.  If I did it all in Excel, I would round to whole notes.  You didn't tag your question with a country, so I don't know if or similar is available to you.


They're surprisingly good.  But I wouldn't go there for a regular hamburger, there's nothing particularly special about their beef.  Their catch is they serve things like Buffalo, Wild Boar and Elk.  Buffalo is actually delicious and less fattening than beef.  That's what I go there for.  This all being said it's still a fast food burger.


">You could say the same about any public utility. (except the one largest one, technically)  There are literally thousands and thousands of processors, which is not the case with utilities. Additionally, processors don't need to have any kind of office or presence anywhere near the business they're serving, which means being able to choose without geographical restrictions. Also, PayPal is not a utility. This is not a relevant comparison.  >Are you saying they are unable, both contractually and technically, to affect the consumer side?  They'd have to revoke their partnerships with banks who issue cards, which they aren't going to do, because consumers using cards is how they make money. Banks could choose not to issue cards, but they're already free to do that. (There's no right to a credit card.)  >But also by selectively quoting me you are (deliberately?) side-stepping what actually happened in the WikiLeaks case, to focus on the consumer side.  Visa and Mastercard prohibited payments to Wikileaks on the basis of WL allegedly facilitating illegal activity. How is that relevant to what PayPal's doing?   >You must buy things in different corners of the Internet than I do. The customer experience (to me) is that there is ""the store"" or you can pay with PayPal. Yes, ""the store"" is actually a payment processor but this is a quick slippery slope to ""what? You can just set up your own payment processor once they've all blocked your legal business"".  What are you talking about? You acknowledge that the store has its own processing but somehow that's not enough because someday they might not have processing and have to go through PayPal?  Processors *already* deny service to legal businesses. Notably, anything considered ""high risk"" - which includes travel services, pharmaceuticals, firearms, adult entertainment, telemarketing, debt collection, tobacco, and more - but also for businesses with poor credit, high chargebacks, business practices they don't agree with, lots of international transactions, etc.   It literally happens all the time. And, there are so many processors (tens of thousands) that there's another processor willing to step in.   Tons of websites don't even use PayPal anymore, and the ones that do often layer it on top of a different payment option. (PayPal is trying hard to increase their presence in stores because of the competition in the internet space.) No one is unable to accept payments if they're barred from PayPal. PayPal actually cuts off accounts all the time because people use it for things against PayPal's TOS.   Amazon payments, Shopify, and Stripe are the ones that most people know off the tops of their heads for online processing, but there are literally thousands. No one is somehow unable to conduct business if they can't use PayPal.   The only time that businesses can't really get processing is if they do something like rack up chargebacks and disappear or commit fraud against a processor. In those cases, the processor can put that business on the Terminated Merchant File (or MATCH list) and other processors will see that there's been a problem with that customer and not take them on. Even in those cases, businesses can rectify the issue and get off the MATCH list or they can look for processors that will serve them anyway and expect to pay a premium for it."


"Haha oh man, the worst part is that I seen some of those bullet points being passed as actual advice by ""experts"" and actually working in IRL situations so I honestly don't know how much is a joke really"


Nature finds its way. Bitcoin enables not only enables new kinds of commerce in both virtual worlds and in the real world, it slowly starts to become a stable store of value, because more people are comfortable of holding them.


If you can get into the top school, it's a no-brainer to go that route.  An MBA at a top school will not only give you an education taught by world-renowned professors but also a large network of students and alumni.


"There are some euphemisms that are better known than others. A category of stocks that's suitable for ""widows and orphans"" would be stocks that are low beta, and perhaps high dividend. Safe (being relative) enough to put a window's money into.  The term ""cake and underwear"" appears to me to be a Buffetism. And I'd interpret it to mean,""not tech, not stocks that are either high growth or cyclic, but stocks that make things that have steady demand and that most consumers use."" Google the phrase, only Buffet comes up."


It depends on how much equity you have in your home. Scenario 1: Your home is worth $100K, and your current mortgage is for $100K (or more which means you are underwater.) In this case you can't get a 2nd mortgage because: That being said, you can use different portions of equity in your home as collateral for multiple mortgages, as long as none of the equity overlaps, but you may need permission from the primary mortgage bank first, for example: Scenario 2: Your home is worth $100K, and your current mortgage is for $80K meaning you currently have $20K in equity. It is possible to get a 2nd mortgage or home equity line of credit for $20K. As a side note, if your loan agent is telling you to use a different bank, it sounds like she is trying (and willing) to do something shady. If you are in Scenario 1, I'd find a new agent.


"Having worked for a financial company for years, my advice is to stay away from all the ""Freedom Funds"" offered.  They're a new way for Fidelity to justify charging a higher management fee on those particular funds.  That extra 1% or so a year is great for making the company money; it will kill your rate of return over the next 25+ years you're putting money into your retirement account.  All these funds do is change the percentage of your funds in stocks vs. more fixed investments (bonds, etc.) so you have a higher percentage in stocks while you're young and slowly move the percentage more towards fixed as you get older.  If you take a few hours every 5 years to re-balance your portfolio and just slowly shift more money towards fixed investments, you'll achieve the same thing WITHOUT the extra annual fee. So how much difference are we talking here?  Let's do a quick example.  Based on your salary of $70k and a 4% match by your company, you'll have $5,600 a year to put in your 401(k) (your 4% plus matched 4%).  I'll also assume an 8% annual return for both funds.  Here is what that 1% extra service charge will cost you: Fund with a 1% service charge: Annual Fee Paid Year 1 - $60.00 Annual Fee Paid Year 25 (assuming 8% growth in assets) - $301.00 Total Fees Year 1 through 25:  $3,782 Fund with a 2% service charge: Annual Fee Paid Year 1 - $121.00 Annual Fee Paid Year 25 (assuming 8% growth in assets) - $472.00 Total Fees Year 1 through 25:  $6,489 That's a total of $2,707 in extra fees over 25 years on just the investment you make this year!  Next year if you invest the same amount in your 401k that will be another $2,707 paid over 25 years to the management company.  This pattern repeats EACH year you pay the higher management fee.  Trust me, if you invest that money in stock instead of paying it as fees, you'll have a whole lot more money saved when it's time to retire. My advice, pick a percentage you're comfortable with in stocks at your age, maybe 85 - 90%, and pick the stock funds with the lowest management fees (the remaining 10 - 15% should go into a fixed fund).  Make sure you pick at least some of your stock money, I do 20 - 25%, and select a diverse (lots of different countries) international fund. For any retirement money you plan to save above the 4% getting matched by your company, set up a Roth IRA.  That will give you the freedom to invest in any stocks or funds you want.  Find some low-cost index funds (such as VTI for stocks, and BND for bonds) and put your money in those.  Invest the same amount every month, automatically, and your cost average will work itself out through up markets and down. Good luck!"


"How does this get any business? You'd be surprised on how much profit these type of businesses can bring in and the number of people who cash their checks this way. They make profit off people who want their checks cashed ASAP. Usually cheques written to ""cash"" or something can just be cashed for   free at the bank right? Yes, most banks cash your check for free. Some may not cash it right away and may require a few days to process. Some charge a small fee if the check is not from the same bank. Some personal checks may not even be processed the same day as well. Wouldn't the only cheques that people would cash at these places be   bad cheques? Yes and no. Yes because it may be ""easier"" to try to cash a fraudulent check at these type of check cashing places. However, some places may only cash business checks and require your ID in which they write down the information in order to possibly track you down in the future. Also some places only cash a check to a certain amount.  And wouldn't this mean that the business will lose a lot of money   since it pays out cash but then has the cheque bounce?  Of course the business loses money if the check bounces or is fake. That is why they try to minimize their losses with certain requirements that needs to met before the check can be cashed. Who uses these services exactly? Just about anyone who needs their check cashed ASAP or like ChrisW stated in his answer is trying to keep their money on the low. There is a demand for this service even though it may seem shady to you."


Well there is a gap.   In a democracy we vote for our government.   We believe in them - at least the majority does.     And generally government fights on the side of capital and produces rhetoric on the side of capital and the same people who voted for their government believe the shit they're being fed.  Government generally has the difficult job of balancing labour and capital.   Both are incredibly important tools to manage.    If I voted for the governing party and they produce vitriol against a labour dispute, well no shit I'd believe them - they're the people I voted for and trust.     It's unfortunate.


ACH transfers are reversible and traceable. So what's stopping them is the ease and the speed with which they would be caught. When you give a check - you have to provide some information to the payee so that they could cash it. You can't withhold the bank or the account number - how would they charge you? So it has to be on it, and if it is on it - it can be put on any other (fake) check. That is why checks come also with your signature, and are always available for you to inspect when they're cashed. If you notice something out of the ordinary (check you didn't give? ACH transfer you didn't authorize?) on your statement - it is your responsibility to notify the bank within X period of time (60 days, I think) of the statement, and it will be dealt with. So the best way to protect yourself would be to keep an eye on your account and verify that the transactions that you see are all authorized, and do it frequently. Keeping large amounts of cash on your checking account is never a good idea, regardless. Also, since checks are inherently unsafe - try to only give checks to people you trust, and use bill-pay or credit cards with anyone else.


I ducking KNEW there was shit going on with WF when I got them in 07.  Cancelled my account and went to a local credit union, those beautiful bastards have grown into a formidable local bank it it's fantastic to see them taking on big banking.    Keep it up Legacy Texas!


"liquid asset A sunk cost may turn out to be a loss or it may make you a profit, but what makes it ""sunk"" is: you can't get it back.  The opposite is a cost that you can later redeem, which makes it ""liquid""."


"A few years back me and a couple of friends made about 100 of these on his 30 watt laser cutter. At the time I was using them for ring boxes, because I make spoon rings and wanted something to give to people for the nicer sterling rings. If I remember correctly we used high ply baltic birch plywood at 1/8"" thickness. The grade we were buying ran us about $30 for a 5'x5' sheet. We cut them into 11x16 sheets, because that's the max size for his laser, and cut roughly 5 out of each sheet. The ones we were making were of course much smaller than what you are looking at though. Materials alone ended up running about $.50 a piece, we were coating with one layer of teak oil. It was roughly ten minutes to cut out 5 boxes, then another ten minutes to pop them out of the plywood and assemble each one. Despite what has been stated, with tweaking, friction fit held up completely fine, we didn't use glue on a single one and I still have a few laying around that are holding up fine also. Anyway, say you are paying yourself roughly $20 an hour, and you can speed it up from what we did and make 20 in an hour, now you have $1 a piece in labor. Keep in mind if you go to a place to have these made, from my experience, most places will charge you roughly $1 a minute for laser time. Add engraving time if you want a logo or something on them, probably another minute per box, all in all in the end these are going to end up costing you $2.50-$3 a box if you have free access to a laser. I would imagine anyone making them for you would probably charge double that.   In the end after the first batch of both these boxes, some slightly different, and some jewelry trees, we found out that it's hard to sell these items for an affordable price and still make it worth your while. If I remember correctly we ended up selling most of the remaining boxes for about $4 a piece just to break even and cover all of our expenses. Of course, this is just my experience, if someone has a way to do this more efficiently and for a profit, I would be interested to hear it, because we still have the laser and probably 100 sheets of plywood left =D"


"In the context of this thread... the state level.  In the context of your first comment; I would say the city level. But if you're comparing Baltimore and Booneville (wow, that's actually the name of the largest city in Owsley County Kentucky?) it's still apples and oranges. And much of that county is outside of any city limits...  In the context of your ""Government is not your nanny"" comment, well those are all at the national level... So look at per-capita spending for national programs that cover both areas equally (e.g.  Social Security or Medicaid/Medicare maybe?). Be careful citing overall welfare numbers that vary by state though (like food stamps or other welfare programs).  So, what point are you trying to make? The data needs to fit that argument. Total wealth? Taxes paid at the same level (state / federal / city / county)? Amount spent on education? Median household income compared to cost of living?"


Unlike others who have answered the question - I have done this.  Here is my experience - your mileage and friendship may vary: I bought a condo years ago with a longtime childhood friend.  We did it for all the reasons you mentioned - sick of renting and not building equity, were both young, single professionals who had the money.  The market crashed we have both since married and moved on to own other properties with our spouses.  Now we rent out the condo as selling in the current market is not doable..  It's not an ideal situation but that is because of the real estate market - not who I bought with. You need to discuss very openly all of the following scenarios, as well as others I can't think of right now I am sure: If you aren't both 100% in sync with these questions then do not do it. I never understand why some people would buy with a girlfriend/boyfriend but not a good personal friend.  You're more likely to have a falling out with your significant other then a long time close friend.  My advice, have honest, open conversations, about all possible scenarios.  If you feel necessary put somethings down into some sort of legal agreement - with us it was not, and still isn't necessary.


"> They need to obey the same laws that taxi companies are still held to or be fined into oblivion.   No thanks. Until ordering a ""regulated"" car becomes as pleasant an experience as using Uber, I'll keep voting with my dollars for uber. Those safety ""features"" and ""regulations"" are superfluous and I don't mind the varying rates uber charges because their drivers don't take me along bullshit routes since it's all recorded on GPS and I can complain to the company for a refund. They will also never refuse to take a credit card, and tipping is automated so drivers never distrust me in the first place.    Your ""repercussions"" for discrimination are BS since here [in Washington DC cabbies openly discriminate against black people](http://archive.wusa9.com/news/article/286584/158/WUSA9-Undercover-Cabs-strand-blacks---official-says-its-not-racism) and it's very hard to enforce, whereas with uber, payment information has been processed since the moment you sign up so the driver never has to worry about it. I'm a working professional and I tip well, but I feel self-conscious hailing cabs because I know that white customers get priority. With Uber there's a customer rating that they see that lets drivers know I'm cool and tip well so I always get drivers fast. Also, I've almost missed a flight because a taxi I phone-ordered simply didn't show up; which is just plain incompetent. Stop defending your corrupt industry. You sound like a good guy, go make more money with a superior service instead of using the guns of the law to force uber/lyft into becoming worse services."


Yes^. Tie incentives to review writing and to repeat visits (like a loyalty program-- 5th one free, etc). There's nothing wrong with starting from 11... That will make you try harder for every customer experience and generate those good reviews organically. Good luck.


When you set up a short sale for equities you are borrowing stock from someone else; typically another client at the broker.  The broker usually buries an agreement to let your shares be borrowed for short sales in your account details.  So if Client A wants to short a stock, he borrows stock from Client B to do the short sale (it's usually not this direct as they can borrow from many clients).  If Client B then wants to sell his shares; if the broker can't shift around assets to find another client's shares to let Client A borrow; then he has to close the short position out because he doesn't have the shares in the brokerage to let Client A borrow to short anymore.


The only part that bothers me about google is android. Everything else is pretty diverse and each of those individual products could easily or already do have competitors. Video, email, search, social networking, advertisement and analytics all have alternatives.  Android however gives them immense power over the offerings of many other companies products, but it is pretty damn messy with no simple solutions besides wait and see what happens so far.  Amazon has gotten huge, and while they do amazing logistics, that is almost entirely what they do. Unless im buying straight from manufacturer, I only shop at 3 or 4 sites and 90% of that is amazon. Amazon, Newegg(computer shit), RockAuto(car shit), and monoprice for cables. For now they are king but I doubt it is going to stay like that. Ive noticed some products have higher markups and suppliers are likely raising prices for amazon, but it will be a few more years at least before anyone else might be able to gain traction.


"My dad keeps complaining that I treat him like a kid but hey, when the shoe fits, right? That right there is some wisdom. I would question why you need a student account.  If I found myself in this situation; and, decided to participate.  I would open a savings account (no debit card) in both of your names.  This account would have little or no fees, have a branch convenient for both of you,  and no ability for him to overdraft.  When I wanted to, I could deposit money into his account, and he could withdraw. You might even open your own account at the same bank that he does not have access to.  Then it is a matter of transferring the money into his account which can be done by mobile phone.   The thing that I would say to you, beyond your question, is that you are choosing to participate and enabling this insanity.  By ""quickly"" sending him money you are not allowing him to find alternatives for his poor behavior.   If it was me, I would require that he have some sort of financial literacy education.  He needs help budgeting, planning, and managing a bank account.  I am a Dave Ramsey guy, so I would require him to attend FPU, that I would happily pay for ~$100.  Alternatives are more than fine, mostly there has to be  progress in his financial literacy and behavior.   If he asked for money in the future, I would ask to see his budget and explain what went wrong.  If there was no budget, there would be no money.  If there was some legitimacy to his need, I would help meet it.  One example would be the company he worked for did not meet payroll.  That is something mostly beyond his control and can really hurt when a person is just starting to take control of their life.  So yes, I would send a check in that case.   However, that choice is yours. For perspective, when my son was 18 he came to me for help with habitual bounced checks.  He wanted me to pay the fee and probably pay it every month that he went crazy.  I paid the fee once, and I provided the education he needed.  After that he learned and was quickly a self-sufficient adult.  I also made it very clear that I would only pay it once. My situation was normal, parents should teach their children.  Your situation is insanity.  There is no way you should be put in the situation you are in with your father.  He needs to grow up, and you will have to help him somewhat.  If nothing more you should cut him off financially."


"This is the sentiment of the industry.  The frequency of massive losses has been higher than indicated by the two most used models.  I don't know the exact stats cause I work in a different LOB in the reinsurance world but I believe we've had a few ""1 in 200 year"" losses in the past decade. And there are concerns about climate change, etc."


"Talk to your bank first but shop around a bit as well with other reputable lenders in your area.  Another option, if you're willing to put down ~84% of the purchase price would be to talk to several dealerships BEFORE you set foot on a single lot. Tell them that you are interested in buying a Versa and that you are willing to pay cash but you are not willing to pay more than $10,200. They won't agree (trust me on that) but they will come down from $13,000. Say ""Thanks, I'll call you back."" and call one of the other dealerships on your list and tell them ""I just spoke with this dealership and they are willing to sell me the car for [whatever number they gave you]."" One of two things will happen, either the dealership will come back with a lower price or they will tell you to go buy the car there. Continue this process until you have one dealership left.  I did this with 3 dealerships in 2011 and bought a truck with a $27,000 sticker price for just over $19,000. It took about a week to make all of the calls and I ended up going to a dealership 3 hours away but it was worth it for $8,000."


"Your broker, Ameritrade, offers a variety of Exchange Traded Funds (ETFs) that you can buy and sell with zero commission.  An ETF is like a mutual fund, but you buy and sell shares the same way you buy and sell shares of stocks.  From your point of view, the relevance of this is that you can buy and sell as many or as few shares as you like, even down to a single share.  Note that to get the commission-free trades on the available ETFs you have to sign up for it in your account profile.  Be sure to do that before you enter any buy orders. You'll want to start by looking at the Ameritrade's list of commission-free ETFs.  Notice that they are divided into different categories:  stocks, bonds, international, and commodities.  Which categories you pick from will depend on your personal investing goals, time horizon, risk tolerance, and so on.  There are lots of questions and answers on this site that talk about asset allocation.  You should read them, as it is the most important decision you will make with your portfolio. The other thing you want to be aware of is the expense ratio for each fund.  These expenses reduce the fund's return (they are included in the calculation of the net asset value of the shares), so lower is definitely better.  Personally, I wouldn't even consider paying more than about 0.10% (commonly read ""10 basis points"" or ""10 bp"") for a broad-based domestic stock fund.  For a sectoral fund you might put up with as much as 20 bp in expenses.  Bond funds tend to be a little more expensive, so maybe allow as much as 25 bp, and likewise for international funds.  I've never invested in commodity funds, so I'll let someone else opine on appropriate expense ratios for those. Once you've decided what funds you want (and have signed up for commission-free trades), all you have to do is enter the trade orders.  The website where you manage your account has tutorials on how to do that.  After that you should be all set. Good luck with your investing!"


I understand he's trying to tell us how rich he is here.  But what a retard - why would he want to take counterparty risk vs some dodgy boxing corporation?  The longer he waits, the more chance the cheque bounces.  Nobody would provide a loan to these businesses for less than 10% per year.  Floyd is doing that for 0%


"Not to mention there's no such thing as an ""Economics Nobel Prize"", but to the credit of the OP the term was correctly put in quotations.  The prize (propaganda coup) is the Rikksbank Prize in memory of Alfred Nobel, and Nobel himself opposed the concept of a prize in economics. The much more recently created prize was devised only in 1969 by central bankers as a way to promote economists who primarily share and promote the ideology of central banking. They co-opted the Nobel name and bribed the Nobel committee with a lump sum they couldn't turn down, and the rest is history."


As noted above, this is likely going to need (several) lawyers to straighten out.  I am not a lawyer, but I think one should be retained ASAP. However, in the meantime: The authorized user should not be making any charges.  Continuing to do so at this point may be a criminal offense.  For the protection of any other heirs, this should be brought to the attention of the credit card issuer and law enforcement authorities.  As it stands, the account holder's estate will be liable for the full debt, and the authorized user's estate would be untouched.   Of course, all this could change if other heirs challenge the estate and file civil suits, in which case it's likely that both estates will be eaten up with legal fees anyway.


No, I don't mean like company towns. I mean that if the government did not provide roads (we'll use roads as an example) then a private company would see an area of the market that needed service and profit was to be made and fill that whole. Roads would exist, probably in some form similar to toll roads, and we would still have our infrastructure.


Good. The quality of programming on TV seems to decrease year after year. In an effort to combat people ignoring advertisements the shows now contain horrendous [product placement](http://www.youtube.com/watch?v=oQYwFND7rHE) filler, which is barely [disguised anymore](http://www.youtube.com/watch?v=nfHuZ5qrYX4), and the comedy becomes weaker and weaker as shows like Two and a Half Men go on and on, replaying the same tired plots, refusing to die, as yet more unfunny filler appears, e.g. Mike and Molly.  TV is dying not only because people like the freedom of the internet, but also because people don't like shit. You get 500 channels of cable, 10 of them are watchable. Those ten are only watchable between 7 and 12 at night, if even then.  Why is TV failing? Because TV sucks.


You can buy out of the money put options that could minimize your losses (or even make you money)  in the event of a huge crash. Put options are good in that you dont have to worry about not getting filled, or not knowing what price you might get filled with a stop-loss order, however, put options cost money and their value decays over time. It's just like buying insurance, you always have to pay up for it.


"The answer to your question is...it depends.  Depending on the state you, your friend, and the LLC are located in, it can be very easy to run afoul of state banking laws, or to somehow violate some other statute pertaining to the legal activities an LLC may undertake by doing something like a loan. It is not unusual (or illegal) for officers or employees of a business entity to be loaned money by the company they work for, so something of this nature wouldn't be an issue with regulatory agencies.  Having your LLC loan money to a friend who isn't an employee or officer of your LLC just might not be kosher though. The best advice I can give is that you should call the state banking commission or similar agency in your state and ask them whether what you want to do is alright.  The LAST thing you want is to end up with auditors or regulators sniffing around your business, even if you haven't done anything wrong, and you certainly don't want to run the risk of accidentally ""piercing the corporate veil"", as someone else here astutely pointed out. Good luck!"


"You likely won't require OCR software for the PDFs. Most PDFs are created entirely in software these days, rather then scanning in a printed or faxed letter. The text should be able to extracted from the them with a utility like ""pdftotext""."


Banks and credit unions are constantly required to improve their detection methods for suspicious transactions.  It's not just big transactions anymore, it's scattered little ones, etc. Our credit union had to buy software that runs through transactions sniffing for suspicious patterns.  More regulations and more costs that ultimately get passed on to customers in one way or another. Some of your transactions probably tripped a wire where there was none before.


My interpretation of that sentence is that you can't do the buying/selling of shares outright (sans margin) because of the massive quantity of shares he's talking about.  So you have to use margin to buy the stocks. However, because in order to make significant money with this sort of strategy you probably need to be working dozens of stocks at the same time, you need to be familiar with portfolio margin.  Since your broker does not calculate margin calls based on individual stocks, but rather on the value of your whole portfolio, you should have experience handling margin not just on individual stock movements but also on overall portfolio movements. For example, if 10% (by value) of the stocks you're targeting tend to have a correlation of -0.8 with the price of oil you should probably target another 10% (by value) in stocks that tend to have a correlation of +0.8 with the price of oil.  And so on and so forth.  That way your portfolio can weather big (or even small) changes in market conditions that would cause a margin call on a novice investor's portfolio.