Everybody on the car title will need to participate in the selling process. The person who is buying the car will need everybody to sign the paperwork so that nobody months later tries to say they never agreed to sell the car. The money will have to be sent to the lender to pay off the rest of the loan. If the money isn't enough to pay off the loan everybody will have to decide how the extra money will be sent to the lender. This will have to be done as part of the selling process because the lender doesn't want you to sell the car and keep the cash. Once the car is gone so is the collateral and they can't take it back if you miss payments.  If the cousin is too far away to participate in the selling of the car, you may need the buyer and the lender to tell you how to proceeded. If you are selling at a dealership they will know what documents and signatures will be needed, the bank will also know what to do. If the loan is almost paid off it may be easier to pay the loan first, and then get the title without the lenders name before trying to sell it.


It depends and I would not just jump into conclusion as I have seen cases where offering some services are not U.S. sourced income. I'll advise you speak with a knowledgeable tax professional.


11.5 million jobs haven't been lost. It says the industry shrunk to 11.5 million. Big difference. I just want that to be made clear. The consensus is that around 2.5 million manufacturing jobs were lost this decade due to trade with China. [Source](http://www.fas.org/sgp/crs/row/RS21625.pdf).


If you buy stock in established companies, it is vey unlikely that they will lose all their value. Spreading your money across multiple stocks -- diversifying -- reduces that risk because it is extremely unlikely that they all lose all their value at once. Spreading them across multiple industries and adding bonds to the mix increases diversification. Of course the trade-off is that if one of the stocks skyrockets you don't benefit as much as if you had been lucky enough to put all your money in that one stock.  You need to decide for yourself how much risk you are willing to tolerate in exchange for the chance of gains.  Other answers on this site have dealt with this in more detail.


"It really depends on the answers to two questions: 1) How tight is your budget going to be if you have to make that $530 payment every month?  Obviously, you'd still be better off than you are now, since that's still $30 cheaper. But, if you're living essentially paycheck to paycheck, then the extra flexibility of the $400/month option can make the difference if something unforeseen happens.  2) How disciplined (financially) have you proven you can be? The ""I'll make extra payments every month"" sounds real nice, but many people end up not doing it. I should know, I'm one of them. I'm still paying on my student loans because of it. If you know (by having done it before), that you can make that extra $130 go out each and every month and not talk yourself into using it on all sorts of ""more important needs"", then hey, go for it. Financial flexibility is a great thing, and having that monthly nut (all your minimum living expenses combined) as low as possible contributes greatly to that flexibility.  Update: Another thing to consider Another thing to consider is what they do with your extra payment. Will they apply it to the principal, or will they treat it as a prepayment? If they apply it to principal, it'll be just like if you had that shorter term. Your principal goes down additionally by that extra amount, and the next month, you owe another $400.  On the other hand, if they treat it as a prepayment, then that extra $130 will be applied to the next month's bill. Principal stays the same, and the next month you'll be billed $270.   There are two practical differences for you:  1) With prepayment, you'll pay slightly more interest over that 60 months paying it off. Because it's not amortized into the loan, the principal balance doesn't go down faster while the loan exists. And since interest is calculated on the remaining principal balance, end result is more interest than you otherwise would have paid. That sucks, but:  2) with the prepayment, consider that at the end of year 2, you'd have over 7 months of payments prepaid. So, if some emergency does come up, you don't have to send them any money at all for 7 months. There's that flexibility again. :-)  Honestly, while this is something you should find out about the loan, it's really still a wash. I haven't done the math, but with the interest rate, amount of the loan and time frame, I think the extra interest would be pretty minor."


Make a menu of 15 (or more) things you like to eat.  Write a grocery list for what it takes.  Divide that list into perishable and non-perishable. Put those items into a calendar and try to stick to it. Depending on the amount of storage space you have, once a week fulfill your perishable list.  Use coupons and shop the sales to keep your prices down. On your way home, stop at the grocery store and buy only the perishables you will need that night for cooking.  I personally chose recipes that didn't always need fresh stuff (like canned tomatoes being good enough.) You spend more on the nightly stuff, but you make up some savings with the long term shopping.  Just count on going to the store for 10 minutes a night a part of your cooking routine.  I used to just look at the wall, but with an app like Evernote this would be pretty easy.


http://www.ehow.com/about_4625753_cobra-as-selfemployed-health-insurance.html This link makes it clear... it has to be itemized, and is subject to the > than 7.5% AGI rule.


I don't have a source for this, but intuitively more finance options could increase people's willingness to pay, which is akin to shifting the demand curve outwards, leading to an increase in price, all other things equal. Consider asking a variation of this question in /r/askeconomics for a better answer.


All data for a single adult in tax year 2010. Roth IRA  401K Roth 401k Traditional IRA and your employer offers a 401k Traditional IRA and your employer does NOT offer a 401k So, here are your options. If you have a 401k at work, you could max that out.  If you make close to $120K, you could reduce your AGI enough to contribute to a Roth IRA. If you do not have a 401k at work, you could contribute to a Traditional IRA and deduct the $5K from your AGI similar to how a 401k works. Other than that, I think you are looking at investing outside of a retirement plan which means more flexibility, but no tax advantage.


1: Gambling losses not in excess of gambling winnings can be deducted on Schedule A, line 28.  See Pub 17 (p 201).  Line 28 catches lots of deductions, and gambling losses are one of them.  See Schedule A instructions. 2: If the Mississippi state tax withheld was an income tax (which I assume it was), then it goes on Schedule A, line 5a.  In the unlikely event it was not a state or local tax on income, but some sort of excise on gambling, then it may be deductible on line 8 as another deductible tax.  It probably is not a personal property tax, which is generally levied against the value of things like cars and other movable property but not on receipts of cash; line 7 probably is not appropriate.  The most likely result, without researching Mississippi SALT, is that it was an income tax.  See Sched A Instructions for more on the differences between the types of taxes paid. Just to be clear, these statements hold if you are not engaging in poker as a profession.  If you are engaging in poker as a business, which can be difficult to establish in the IRS' eyes, then you would use Schedule C and also report business and travel expenses.  But the IRS is aware that people want to reduce their gambling income by the cost of hotels and flights to casinos, so it's a relatively high hurdle to be considered a professional poker player.


"Find a stock screener that has data for the BSE and NSE. You may be able to look directly at volatility but a good stock screener will have the technical analysis indicator called ""average true range"", ATR for short. This will let you see the average range of price moves over several days."


"Eh, farmers markets arent all they are cracked up to be. Perhaps because i live in cali where our ""farms"" are literally the same manufacturing facility that stocks safeway shelves.  I want a place to buy high end products."


Yes, but, that math is still inconsistent.   . . . . . . . If you haven't figured out, I'm just messing with you.  :D   But, to answer your question.  The highest GDP is not being even accessed by all members of our nation.  Hence, some people are living a top 1st world nation, some are in moderate 2nd level nation; while a good chunk are living as though they are in a 3rd world/developing nation.


"The price of the last trade... Is the price of the last trade. It indicates what one particular buyer and seller agreed upon. There is absolutely no requirement that one of them didn't offer too much or demand too little, so this is nearly meaningless as an indication of what anyone else will be willing to offer or demand. An average of trades across a sufficiently large number of transactions might indicate a rough consensus about the value of a stock, but transactions will be clustered around that average and the average itself moves over time. Either you offer to sell or buy at a particular price, wait for that price, and risk the transaction not taking place at all if nobody agrees, or you do a spot transaction and get the best price at that nanosecond (which may not be the best in the next nanosecond). Or you tell the broker what the limits are that you consider acceptable, trading these risks off against each other. Pick the one which comes closest to your intent and ignore the fact that others may be getting a slightly different price. That's just the way the market works. ""If his price is lower, why didn't you buy it there?"" ""He's out of stock."" ""Well, come back when I'm out of stock and I'll be unable to sell it to you for an even better price!"""


Your best bet is to just look at comparative balance sheets or contact the company itself. Otherwise, you will need access to a service like PrivCo to get data.


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No. You can initiate SWIFT payments from Bank A, whenever Bank A is open for business. The transaction takes around 2-5 days for it to complete depending on the currency pair and countries involved. Once you initiate the payment, the Bank A sends it to SWIFT Network which in turn send it to Bank B. Whenever Bank B is open for business it would process the payment.


Infrastructure is paid through private investment because it is believed to help stimulate the economy, now whether or not it stimulates the economy more or less then a public company is up for debate between economist.  http://www.politifact.com/truth-o-meter/article/2013/feb/15/government-jobs-vs-private-jobs-which-help-economy/ Btw- OF COURSE private investors are gonna do the bare minimum, every large company crunches pennies! It's the governments jobs to make sure all companies are following rule of law & regulations and keep its citizens safe. maybe laws will change due to the hurricanes effect?


There's no additional income tax burden created when you decide to make Roth IRA contributions, your Roth IRA contributions are taxed at the same time all your income is taxed. If you earned that $100 by working a job, then your employer likely withheld taxes when they paid you. If you earned it through self-employment, then you'll pay estimated taxes on that income quarterly, etc. In any case when you file your annual tax return the actual taxes owed vs taxes paid gets reconciled and you're left with a refund or owe an additional sum.


I'm arguing that proclaiming that everyone in a certain area is part of some collective agreement isn't the same as actually having a collective agreement. Therefore, no person has an obligation to pay for it if he/she does not want to be a part of it. And no, they don't have an obligation to take positive action to reject it.


All sorts of conditions, yes. Most commonly is a limitation on the exercise date.  The two more common would be American which is exercisable any time, and European which are only exercisable on their expiry date. Sometimes they may be linked to the original asset, and might only be convertible to stock if that original asset is given/sold back to the company.  (Effectively perhaps making the bond convertible to stock). Lots more details on the Pedia, but in short, basically you need to read the warrant contract individually, as each will differ.


Just tried to buy lunch with some gold dust. They said they only take US dollars.  Gold is really no different than fiat paper/digital or even cryptocurrencies. Outside of the industrial uses for it, of which there are many but not so many that it would use up all the gold that's been mined shy of just using up all the gold that's been mined to use up all the gold that's been mined, its value is also based on perception and perceived value.. ..no different than anything else someone wants and is willing to do x in order to get it.  When push comes to shove, other things contain way more value than gold, and gold is just *a* medium with which to exchange those things for.. But, again, only because people agree for it *to* be a medium they're willing to accept.  Again, you can't eat, drink, fuck, shelter, etc yourself with gold, you can only get food, drink, sex with it.. ..if the other party is willing to accept it which, today, wasn't the case.  https://www.coindesk.com/gold-investor-john-hathaway-cryptocurrencies-garbage/


Well, I see that *[ThatMoron](http://www.reddit.com/r/business/comments/uocxp/my_small_family_company_really_needs_help_with/c4xccg2)* gave you some interesting advice; but it sounds to me like some minor renovations to your existing app might be the best way for you to go. I recommend you look into *that* option. Is the person / company who originally built the system someone you can reach out to? Or, do you have the source code and the right to modify the software as part of what you purchased?  *Edit:* link


>  live with dignity and have their basic needs covered shouldn't exist. > But don't you think this position has the unintended  That's a good question.  Complex due to the fact that internships are abused.    I love the concept of apprenticeships and I think part-time work definitely has a place.  But even part-time work shouldn't be such that if it was stretched into full-time work that you wouldn't have a livable wage.    What are your thoughts on this?


Since the transaction was not your bank's mistake (but a decision by the Indian government) why should your bank bear the cost of the unsuccessful transaction? Your bank charged a fee for a service that you were willing to pay for. You might be able to negotiate a full or partial refund, and I have done the same with my own bank for fees that I didn't feel were appropriate.  Your bank will agree or not based on how much they value your business. If you are an otherwise profitable customer, they may agree to refund the fee.


"This is just trade warfare.   China is rejecting loads based on the presence of the ""Vipterra"" corn trait which is just another BT variant from Syngenta.   China has only rejected loads from America based on the presence of Vipterra despite every single load coming from Brazil and Argentina having this trait present. Vipterra is grown a ton in South America due to the very high insect pressure."


Are you planning to have a dream home of your own? Don’t compromise with the style and latest trends in home interiors and planning. Architects and interior designers in Gurgaon can suggest you numerous ideas for construction as well as interior decoration of your house.


this is to prevent fraud, and there is likely nothing (through paypal) that you can do to speed up the process apart from making sure you verify all the accounts linked to PayPal (bank, credit, etc) and that your relatives do the same. Be mindful that Paypal is NOT intended as a large sum transfer service - they are a convenience for online payments. Using an established monetary transfer system (wire, etc) for this purpose in the first place would have saved some time at the expense of a convenience fee. Tax implications, etc all apply, etc.


Thank you for the comment,  New markets open and close all the time, its interesting seeing the new characters appear here as a certain country demands a supply of a new certain product. You feel a bit ahead of the trends here sometimes in that respect.  Thanks


This answer assumes you're asking about how to handle this issue in the USA. I generally downvote questions that ask about a tax/legal issue and don't bother providing the jurisdiction. In my opinion it is extremely rude. Seeing that you applied for an LLC, I think that you somehow consider it as a relevant piece of information. You also attribute some importance to the EIN which has nothing to do with your question. I'm going to filter out that noise. As an individual/sole-proprietor (whether under LLC or not), you cannot use fiscal years, only calendar years. It doesn't matter if you decide to have your LLC taxed as S-Corp as well, still calendar year. Only C-Corp can have a fiscal year, and you probably don't want to become a C-Corp. So the year ends on December 31, and whether accrual or cash - you can only deduct expenses you incurred until then. Also, you must declare the income you got until then, which in your case will be the full amount of funding - again regardless of whether you decided to be cash-based or accrual based. So the main thing you need to do is to talk to a licensed tax adviser (EA/CPA licensed in your state) and learn about the tax law relevant to your business and its implications on your actions. There may be some ways to make it work better, and there are some ways in which you can screw yourself up completely in your scenario, so do get a professional advice.


I suggest that you first decide on what %'s of the home value you each have a legal claim to. Then split the mortgage using the same %'s. Then, if someone feels their % is slightly higher, they are compensated because they 'own' a correspondingly higher share of the house. Use the same %'s for downpayments (which may mean that an 'adjustment' payment might be required to bring your initial cash outlay from 70/30 into the %'s that you agree to). Tenant income gets split the same way. Utilities are a bit more difficult - as heating depends more on square feet, but water and hydro depend more on how many people are there. You can try to be really precise about working out the %'s, or just keep it simple by using the same %'s as the mortgage.


used to be, e.g. Merrill Lynch, whatever you had on account in equities could be written as a check on your Merrill account.  so if you had $500,000,000 in stocks/bonds but $200,000 in cash checking, you could still write a check for up to your portfolio's total value


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"I often find the one-star reviews on yelp help me determine whether or not I want to try the place more than the other reviews.  If the complaint is something completely unreasonable (e.g. long wait for brunch on Mother's Day), or an idiot who doesn't understand how that food is cooked or wine is served, then I completely discount the negatives.    The positive reviews are tough to judge by unless they are there en-masse.  I find hole-in-the-wall places to be nearly impossible to judge on Yelp, because there seems to be a hipster vibe of ""I like this place because nobody knows about it.""  That said, if you take your time and read all reviews, you can get a pretty good sense of the place (at least in my experience)."


A mutual fund makes distributions of its dividends and capital gains, usually once a year, or seminanually or quarterly or monthly etc; it does not distribute any capital losses to its shareholders but holds them for offsetting capital gains in future years, (cf, this answer of mine to a different question). A stock pays  dividends; a stock neither has nor does it  distribute capital gains: you get capital gains (or losses) when you sell the shares of the stock, but these are not called distributions of any kind. Similarly, you incur capital gains or losses when you  redeem shares of mutual funds but these are not called distributions  either. Note that non-ETF mutual fund shares are generally not bought and sold on stock exchanges; you buy shares directly from the fund and you sell shares back (redeem them) directly to the fund.  All of the above transactions are taxable events for the year to you unless the shares are being held in a tax-deferred account or are tax-free for other reasons (e.g. dividends from a municipal bond fund).


The preapproval is the bank stating that they will loan you up to A with a down-payment of B for Y years at R rate. If you don't ned all the money that is great they will still give you the loan. You can keep the down-payment thew some amount of money or the same percentage of the purchase price whichever you want. For example: Preapproval of $200,000 and a down-payment of $50,000 (20%)  allows you to buy a house for $250,000. But you find one for $240,000, you can either: Neither of these needs a new pre-approval. In both cases your monthly payment will be lower than the original loan was expected to be. If you want to change to $200K for the loan and $40K for the down payment. or in other words decrease the percentage of down-payment; you might run into an issue that the bank doesn't think you have enough of your own money in the deal. Or you may now require PMI where you didn't previously. In this case they will need to re-approve you. Now if the price goes up the bank could require more money down, or may need to re-evaluate the loan.


I'm not begrudging anyone for abiding by the law and minimizing their tax burden.  To do otherwise would amount to writing a check to the government, which is an asinine thing to do if you're concerned with actually changing the system.  You can speculate on his motivations, but he's gone out of his way to make his thoughts on the subject known, I have no reason to doubt the earnestness of his arguments.  Regardless, it's an impossible task to locate such an argument in a specific physical brain, all we need to do is show that such a thought process is theoretically sound in order to throw that premise into serious question.  > Pray tell, what angel do you trust to make the decision of whether and to what extent systemic risk is introduced?  I'm skeptical that such an angel (or some distributed process accomplishing the same goal) exists.  But if the actuaries can't figure out a way to do it, then wouldn't that be cause to reevaluate the blind faith many people place in markets?


Less than 2 1/2% of all US currency actually exists.  The rest is digital entries.  In a financial crisis you'll need lots of rare cash.  Twenty dollar bills are the best choice.  Stash as many as you can afford to.  Best to stash in a anchored security safe.  And for goodness sakes, don't tell anyone.


I'm an Aussie and I purchased 5 of these properties from 2008 to 2010. I was looking for positive cash flow on properties for not too much upfront investment. The USA property market made sense because of the high Aussie $$ at the time, the depressed property market in the US and the expensive market here.  I used an investment web-site that allowed me to screen properties by yield and after eliminating outliers, went for the city with the highest consistent yield performance. I settled on Toledo, Ohio as it had the highest yields and was severely impacted by the housing crisis. I bought my first property for $18K US which was a little over $17K AUD.  The property was a duplex in great condition in a reasonable location.  Monthly rentals $US900 and rents guaranteed and direct deposited into my bank account every month by section 8.  Taxes $900 a year and $450 a year for water. Total return around $US8,000.   My second property was a short sale in a reasonable area. The asking was $US8K and was a single family in good condition already tenanted.  I went through the steps with the bank and after a few months, was the proud owner of another tenanted, positive cash flow property returning $600 a month gross. Taxes of $600 a year and water about the same.  $US6K NET a year on a property that cost $AUD8K Third and fourth were two single family dwellings in good areas.  These both cost $US14K each and returned $US700 a month each.  $US28K for two properties that gross around $US15K a year.   My fifth property was a tax foreclosure of a guy with 2 kids whose wife had left him and whose friend had stolen the money to repay the property taxes.  He was basically on the bones of his butt and was staring down the barrel of being homeless with two kids.  The property was in great condition in a reasonable part of town.  The property cost me $4K.  I signed up the previous owner in a land contract to buy his house back for $US30K. Payments over 10 years at 7% came out to around $US333 per month.  I made him an offer whereby if he acted as my property manager, i would forgo the land contract payments and pay him a percentage of the rents in exchange for his services. I would also pay for any work he did on the properties.  He jumped at it.  Seven years later, we're still working together and he keeps the properties humming.  Right now the AUD is around 80c US and looks like falling to around 65c by June 2015.  Rental income in Aussie $$ is around $2750 every month. This month (Jan 2015) I have transferred my property manager's house back to him with a quit claim deed and sold the remaining houses for $US100K  After taxes and commission I expect to receive in the vicinity of AUD$120K  Which is pretty good for a $AUD53K investment.  I've also received around $30K in rent a year. I'm of the belief I should be buying when everybody else is selling and selling when everybody else is buying.   I'm on the look-out for my next positive cash flow investment and I'm thinking maybe an emerging market smashed by the oil shock.   I wish you all happiness and success in your investment. Take care. VR


There are a few things you should keep in mind when getting another vehicle: DON'T use dealership financing. Get an idea of the price range you're looking for, and go to your local bank or find a local credit union and get a pre-approval for a loan amount (that will also let you know what kind of interest rates you'll get). Your credit score is high enough that you shouldn't have any problems securing a decent APR. Check your financing institution's rules on financing beyond the vehicle's value. The CU that refinanced my car noted that between 100% and 120% of the vehicle's value means an additional 2% APR for the life of the loan. Value between 120% and 130% incurred an additional 3% APR. Your goal here is to have the total amount of the loan less than or equal to the value of the car through the sale / trade-in of your current vehicle, and paying off whatever's left out of pocket (either as a down-payment, or simply paying off the existing loan).  If you can't manage that, then you're looking at immediately being upside-down on the new vehicle, with a potential APR penalty.


So we just need to increase revenue.  There's plenty of cash in the USA.  High line condos and Ferrari sports cars are flying off the shelf where I live.  People can't get their fill of them.   Somehow that does not jibe with the notion that the USA can't afford to take care of its elderly, does it?


"Stop spending on the CC with the revolving balance.   After the discussion below I feel I should clarify that what I am advocating is that you make your ""prepayment"" (though I disagree with calling it that) to the existing CC.  Then, rather than spending on that card, spend somewhere else so you won't accrue any interest related to your spending.  At the end of the month, send any excess to the account that has a balance.  This question is no different than I have $X of cash, should I let it sit in a savings account or should I send it to my CC balance?  Yes, 100%, you should send this $750 to your CC balance.  Then, stop spending on that CC and move your daily spending to cash or some other place that won't accrue interest at all. The first step to paying off debt is to stop adding to the balance that accrues interest.  It's not worth the energy to determine the change in the velocity of paydown by paying more frequently when you could simply spend on a separate card that doesn't accrue any interest because you pay the entire balance every month. The reason something like this may be advisable on a HELOC but not a CC is the interest rate.  A HELOC might run you 4% or 5% while your CC is probably closer to 17%.  In one situation your monthly interest is 0.4% and in the other your monthly interest is 1.4%.  The velocity of interest accrual at CC rates is just too high to justify ever putting regular spending on top of an existing revolving balance.  Additionally, I doubt there is anyone who is advocating for anyone to charge their HELOC for daily spending.  You would move daily spending to somewhere that isn't accruing interest no matter what.  You would use a HELOC to pay down your CC debt in a lump or make a large purchase in a lump.  Your morning coffee should never be spent in a way that will accrue interest immediately, ever. Stop spending on the CC(s) that are carrying a balance. (period) Generally credit cards have a grace period before interest is charged.  As long as a balance isn't carried from one statement period to the next you maintain your grace period.  If you spend $100 in the first month you have your card, say the period is January 1 to January 31, you'll get a statement saying you owe $100 for January and payment is due by Feb 28.  If you pay your $100 statement balance before February 28 you won't pay any interest, even if you charged an additional $500 on February 15; you'll simply get your February statement indicating your statement balance is $500 and payment is due by March 31, still no interest.  BUT.  If you pay $99 for January, leaving just a single dollar to roll over, you now owe interest on your entire average daily balance.  So now you'll receive your February statement indicating $501 + interest on approximately $233.14 of average daily balance ($1 carried + $500 charged on Feb 15) due by March 31.  That $1 you let roll over just cost you $3.26 in interest ($233.14 * 0.014).  AND.  Now that balance is continuing to accrue interest in the month of March until the day you make a payment.  It typically takes two consecutive months of payment-in-full before the grace period is restored. There is no sense in continuing to spend on a CC that is carrying a balance and accruing interest even if you intend to pay all of your current month spending entirely.  You can avoid 100% of the interest related to your regular spending by simply using a different card, and no rewards will beat the interest you're charged."


"Yes. ""There is, ...no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services."" Taken from the US Department of the Treasury."


Canadian here: the US is our biggest customer, so we were impacted economically. I expected that within a year or two of the US housing collapse, we would also be hit, but something else happened: when the US dropped interest rates like a stone, we were also forced to drop interest rates. This meant that suddenly, money was being handed out for very very cheap, so cheap it was almost free if you had a decent job and good credit. The housing market here paused for a brief moment, and then continued climbing. It never stopped until some new rules were implemented, aimed mostly at foreign buyers and investors, and put in place this year. It appears however that this current drop in prices may be a temporary dip. The average cost of a home in Toronto is still around $1m CAD, and our real estate is still among the most expensive in the world if you look at how much we pay compared to our incomes.  In some places, houses have basically tripled over the past decade.  My point here is that Canadian home owners were not impacted negatively by the 2008 crisis. In fact, once the free money started flowing and prices went up accordingly, Canadian home owners were enriched as a direct result of the 2008 US housing crisis. The situation is clearly unsustainable, and the market is irrational. It's easy to say that we are in a bubble but it is  impossible to tell when it will crash. In Canada, it's harder to walk away from mortgage debt; if you're underwater on your home, and the bank forecloses on you and sells the house for less than you owe, you still owe the bank the remainder of the money (in most provinces).


Pick one stock (probably within Utilities) and know it well. Understand what it trades on (EV / EBITDA, P / E, P / Rev) and why. What are the typical margins for the industry? What are rev growth trends? What isn't priced in? I think studying one company deeply would be helpful  Other things to look at would be how your fund is structured, what it's benchmark is, voting structure, and how ideas are sourced  Good luck!


It seems you understand the risks, it seems like a fine enough idea.  Hopefully it works out for you. However, you may want to talk to a few local banks about getting a short term home equity loan.  I know someone who was able to do this getting a very low rate for 7 years.  At the time of the loan, the prevailing rate for a 15 year was 3.25, but they were able to get the HEL at 2.6 fixed.  There was no closing costs. The best part about it was the payment was not that much more.  While going from ~1200 to ~1800 is a 50% increase it was not that much in dollars in relationship to his household income.   Note that I did not say Home Equity Line of Credit, which are vairable rates and amount borrowed.


Therein lies the risk MoviePass is taking.  They are basically going long on the idea that a $10/person/month subscription is the only way to see a theatrical showing.  In order to convince the theaters to play along, they are going to have to demonstrate that they move the needle on attendance such that even without the subsidy, the added concession sales would make it worthwhile for the theaters.  Before they burn through their subsidy money.


No kidding, I'm shocked. /s  The flipper boom after the 2008 downturn basically means that anything affordable gets snapped up by an investor in a cash sale, they do some half-assed renovations, and then turn and sell it for double the original price. They out-compete low-end buyers during purchase, even if those buyers have outstanding credit, and then they move the house out of reach of those very buyers.  $300k - $600k houses are everywhere around here. What isn't available are reasonably priced houses under $300k that might need some minor updating. Anything under that you can actually purchase is probably something barely above occupancy standards.  There is *no* incentive to build or renovate affordable low end houses. None.


So yes, changing the industry this dramaticallyAnd that would be great if they could get a car in they sub 20k class, and assuming the government continued to give energy credits for ev. Trump could shut that down (although why pick a fight with US auto makers?)   That said, the point of these announcements is to set the stage for infrastructure. Let the oil companies know that in 10 years they will lose half their auto market, so they need to migrate their investments to fleet and jet fuels, chemicals and power generation, diversify assets and investments, etc. Sucks but definitely survivable, but yes, they will fight so 2023 will be more like 2033. Next of course is electronic filling stations, which is where the oil companies really need to invest in, as well as gain investment in the power grid (which will also need to be ramped up, especially in rural areas, many of which were not even prepared for air conditioning in all residences). and of course you have battery technology, which requires lithium and other rare earth metals (or ideally new organic based alternatives) and the concerns with crash/explosion/fire and toxic spills... Gas is the devil we know, batteries on a mammoth scale and the environmental impact with the number of serious crashes we have...  So yes, don't get excited about what they are gonna do, but understand the implications of such an announcement.


Obama's economy and the propaganda campaign telling people how good they had it lead to Trump. On this subreddit the propaganda was at a fever pitch in 2016. You don't see it much other than in the crazy level of downvotes they do now to bury those stories.


Springhill Group Counselling believes it is significant that each of us needs to understand what counselling and psychotherapy is about and what they should anticipate from the procedure of therapy. Nurturing knowledge among community is a significant purpose for every organization. This website has been aims to help people find out more about counselling and psychotherapy, especially those who are considering therapy as an option for themselves or someone else, or for clients who are already involved in therapy.


"Consider that there are some low-probability, high-impact risk factors involved with property management. For example, an old house has lead paint and may have illegal modifications, unknown to you, that pose some hazard. All of your ""pros"" are logical, and the cons are relatively minor. Just consult an attorney to look for potential landmines."


"This is the best tl;dr I could make, [original](http://voxeu.org/article/ideas-aren-t-running-out-they-are-getting-more-expensive-find) reduced by 93%. (I'm a bot) ***** > More than 20 times as many researchers are needed today to generate about the same amount of productivity growth as 80 years ago.  > The input required to do this - the number of researchers required - is today more than 18 times larger than the number required in the early 1970s.  > These days, pushing the frontier of knowledge out requires mastering an ever-larger body of knowledge, meaning that students have to stay longer in university, and researchers increasingly work in larger teams whose members are more specialised.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72exha/research_ideas_arent_running_out_but_they_are/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~216408 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*: **research**^#1 **growth**^#2 **productivity**^#3 **measure**^#4 **idea**^#5"


Ive had Sprint for as long as Ive had a cellphone and Ive never had any issues with reception or dropped calls.  I get service in basements and cemented locker rooms where most others do not.  I also get a nice military discount.  I dont own any Apple products so not having the iPhone was never an issue for me.  I've also always had great customer service with Sprint.  Can't say anything about the other networks but I very much enjoy Sprint.


They are definitely effective but one of their stated goals is to devalue the company far enough that the old CEO can purchase it outright if the board will not relent. I'd be concerned that the company's balance sheets would be crippled beyond recovery by that point.  > “This is better than a union,” she said. “And it’s free,” added a worker standing beside her.  I do love this line, American labor unions are terribly corrupt and I doubt they'd ever accomplish something as powerful as this voluntary action.


If there was a one click type thing that was ***easy*** to use and ***trustworthy*** I would happily pay micro-payments for quality content.  I'd say ease of use and trust are bigger barriers to me than the actual payment.


"We payed off our Mortgage early...at first in small extra payments to principal, and finally a lump sum.  Each extra payment to principal reduced the balance, and reduced every payment going forward.  I have, somewhere, an excel spreadsheet where I tracked this...  - =CUMIPMT((interestRate/12),term,pymtNumber,balance,balance,0) computed the interest payment due  - =currentPrincipal + CUMIPRINTresultAbove computed the monthly principal payment Occasionally I would update the month-ending Principal balance against what the mortgage company told me.  It was usually off by a little.   My mortgage company required me to specifically contact them for a payoff amount before I wrote the final check.   I've never heard of a mortgage where prepayment of all expected interest following the original schedule is required.  I would guess it is against federal (US) law.  Lets think about that for a moment...  out of ""interest"", I recently computed that for our 30 year loan at 6-5/8% on about 145, we payed a total of 106000 in interest.  That include a refi to 4-7/8 10-years in to a 15-year loan, and paying it off 20 years after the original loan was granted. As far as not paying all the theoretical interest due...  - If they get a fixed dollar amount of service interest back, there's no incentive to me to pay on-time.  I owe the same amount if I pay it today or if I pay it 6 months late, after I gambled the mortgage money and finally won.  (yea, I know they could write the mortgage to penalize me for paying late, but I'm ignoring that)  - if you were requried to pay off all the interest that might accrue, how could you ever sell your home, or refinance, for that matter?  When I refi'd, the new holder payed the old holder 98,000.  If the original holder had required prepayment of all the interest that would be accrued to the original schedule, the new mortgage would've been 200k.  It would just never be a good deal to buy a home if mortgages worked under that term. I have had a car loan that worked differently -- they pre-computed the total interest due and then divided it over the term of the loan equally.  I could pay off early and they stopped collecting interest."


"Nominally, yes, but it's not just a matter of ""net"" being accepted naively by stupid people.  The problem is that many/most people can't get any other kind of contract, because Hollywood has been doing this since almost the beginning of filmmaking.  It's not a recent thing, it's standard."


The way I see it, corporation tax is not fundamentally different from VAT. They are both a tax on revenue minus expenses, just what those expenses are is different. I think the main advantage of corporation tax is that it allows capital expenditure to be spread over several years, although as I said this makes it more complicated (and I believe that there are some capital allowances for VAT as well).  One advantage of VAT is that sales in one country are taxed in that country before the money can be sent abroad. It seems simple and fair to split the tax burden between jurisdictions according to how many sales were made in each.


"I get the gist of the article, there are some very nice things about Canada. But the idea is pretty silly because it's not that easy to just ""flee to Canada"" in the first place. Canadian immigration standards for citizens from developed/western countries are some of the steepest of anywhere in the world.   For non-refugees and non-targeted peoples/countries, the Canadian immigration system works on a points system that factors in things like age, education, wealth, professional experience and so on. So if you're a young, childless professional with gobs of money in the bank, you have a fighting chance to move there. Otherwise your chances are extremely low of getting in with the conventional application process. It sucks, but that's the way it is.  Finally, there's always **[this](http://www.forbes.com/sites/robertwood/2014/08/28/u-s-hikes-fee-to-renounce-citizenship-by-422/)** reason."


"This is the best tl;dr I could make, [original](http://bruegel.org/2017/09/the-feds-unwinding/) reduced by 95%. (I'm a bot) ***** > In Hamilton&#039;s simulation, if the Fed were to continue reducing its balance sheet through the end of 2020, the level of Fed deposits by financial institutions may not be enough to cover the plausible variation in other Fed liabilities.  > The political power of worries about the Fed&#039;s balance sheet will help determine the endpoint for the Fed&#039;s balance-sheet.  > Given the profitability, prestige and jobs created by maintaining the Fed&#039;s large balance sheet, it will not be painless for the Fed to shrink it.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72i01i/the_feds_unwinding/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~216580 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*: **Fed**^#1 **rate**^#2 **balance**^#3 **sheet**^#4 **bank**^#5"


What if you do need to fly for business? Also, what if you want to get to Europe in less than a few days?  Regardless, TSA has intentions to find their way to all types of transportation as well. End the TSA. Let the airports handle security.


For the lazy, Wikipedia says: The term microcap stock (also micro-cap) refers to the stock of public companies in the United States which have a market capitalization of roughly $300 million or less. The shares of companies with a market capitalization of less than $50 million are typically referred to as nano-cap stocks.  Many micro-cap and nano-cap stocks are traded over-the-counter with their prices quoted on the OTCBB or the Pink Sheets. A few of the larger, more established microcaps are listed on the NASDAQ Capital Market or American Stock Exchange (AMEX).  Micro-cap and especially nano-cap stocks are notorious for their volatility. A high percentage of these companies fail to execute their business plans and go out of business. Fraud and market manipulation are not uncommon, and the transactions costs in trading can be quite high. Pricing is more likely to be inefficient, since fewer institutional investors and analysts operate in this space, due to the relatively small dollar amounts involved and the lack of liquidity.


"This is the best tl;dr I could make, [original](https://thisisafrica.me/rwanda-will-proceed-ban-used-clothes-despite-threats-united-states) reduced by 89%. (I'm a bot) ***** > Rwanda&#039;s President Paul Kagame has insisted that Rwanda will proceed with its plan to phase-out importation of second-hand clothes despite threats from the U.S. that the move could lead to a review of his country&#039;s eligibility for duty-free access to the American market.  > Kenya, Uganda, Rwanda, Burundi, Tanzania and South Sudan decided to fully ban imported second-hand clothes and shoes by 2019, arguing it would help member countries boost domestic clothes manufacturing.  > The Office of the United States Trade Representative has, as a result, initiated a review of the eligibility of Uganda, Rwanda and Tanzania to receive benefits under AGOA. The EAC nations are one of the most important markets for U.S. industry&#039;s used clothing exports with direct American exports to the EAC member countries totaling approximately $24 million in 2016.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6mpfwk/rwandas_president_paul_kagame_has_insisted_that/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~164876 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*: **country**^#1 **cloths**^#2 **African**^#3 **AGOA**^#4 **ban**^#5"


I work for myself, thus there is no HR department which will agree to hand over my money to a debt collector. And if you work for yourself you don't have a tax return because you don't give the IRS any more than they are allowed to take. Even if you work for someone else it is easy to adjust your withholdings so that you don't have a tax return to intercept.


I've been to some very nice restaurants that are worth the money at most price-points, but *most* restaurants seem to be, well, generic and crappy.  They're running on subsidized wages because their product just *isn't* something people want to pay money for.


01206184038 / ديكورات الماسة   http://almasadecorations.blogspot.com.eg/ https://www.facebook.com/Massadecorations/ almasadecorations@gmail.com ديكورات جبس اسقف معلقة اسقف جبس بورد مودرن اجمل صور ديكورات كرانيش جبس فخمة وشيك، جبس اسقف جديد مودرن 2017، احدث صور تصميمات كرانيش جبس فلل وقصور للأسقف، صور ديكورات جبسية 2017 امبورد و جبس اسقف حديث شيك فخم. ديكورات جبس, اسقف معلقة, اسقف جبس بورد, جبس بورد, جبس بورد, كرانيش جبس, جبس اسقف, صور تصميمات, كرانيش جبس, صور ديكورات جبسية, 2017, جبس اسقف حديث https://youtu.be/hETRdt_0D0s


I don't know where your trade figures are from. ETrade, TD Ameritrade, Fidelity, etc all have trading costs under 10 USD per share, so I'm not sure where your costs are coming from. I doubt currency conversion or anything like that will double the cost. As for your question, the answer is: It depends How much trading will you do? In what types of investments? For example, Schwab charges no commission on ETF purchases, but this is not an advantage if you wont buy ETFs. Consider minimums. Different brokers have different minimum cash balance/deposit requirements, so make sure you can meet those. It's true that you can get real time quotes anywhere, but consider the other services. For example, TD Ameritrade pools research reports for many publicly traded companies which are nice to read about what analysts have to say. Different brokers given different research tools, so read about offerings and see what's most useful to you. You can open different brokerage accounts, but it's much more convenient to have a one-stop place where you can do all you trading. Pick a broker which is low cost and offers a variety of investments as well as good customer support and a straightforward system.


"If you live and work in the euro-zone, then even after a ""crash"" all of your income and most of your expenses will still be in euros.  The only portion of your worth you need to worry about protecting is the portion you intend to spend on goods from outside the euro-zone (i.e. imports).  In that case, you may want to consider parking some of your money in short-term government bonds issued by other countries, such as the UK, Switzerland, and USA (or wherever else your favorite goods tend to come from).  If the euro actually ""massively devalues"" (an extremely unlikely scenario), then you can expect foreign goods to cost a lot more than they do now.  Inflation might also pick up, so you might also want to purchase some OATis."


> Europe is a temporary problem.  Lol..  The better question for this thread is how is the European economy not utterly doomed?  I see no way at all of the Euro surviving.  Greece has already technically defaulted by saying it's not going to pay back all of it's debt.  They will officially default when Germany stops bailing them out.  Spain is in the exact same situation, just about a year behind.  They haven't technically defaulted yet, but they will.  They're receiving bailout after bailout and the Greece situation only makes their interest rates worse.  Italy is just barely behind Spain, the Greek default followed by the Spanish defualt will send Italian interest rates through the roof dooming them to the same fate.  This will eventually effect the US, but our borrowing rates are held artificially low due to the Fed just printing up more fake money and letting the US borrow as much as it wants.  If you don't see this scheme crumbling and collapsing, I'm just curious what you actually think *will* happen?


Since I'm missing the shortest and simplest answer, I'll add it: A car also doesn't offer dividends, yet it's still worth money. A $100 bill doesn't offer dividends, yet people are willing to offer services, or goods, or other currencies, to own that $100 bill. It's the same with a stock. If other people are willing to buy it off you for a price X, it's worth at least close to price X to you. In theory the price X depends on the value of the assets of the company, including unknown values like expected future profits or losses. Speaking from experience as a trader, in practice it's very often really just price X because others pay price X.


Thanks for posting this.  Funny, but I find myself watching RT far more than CNN these days.  I am not a finance expert but as an econ major I can at least follow the argument.  Seems credible to me.  They are just saying that the resulting downgrade of bank bonds will affect them less than their competition. The second argument is that new (2008) accounting rules allow them to show a net gain on paper when their bonds get downgraded as a result of this loss.  It's a complicated argument but I can see how it make perfect sense.  I like how Bob English points out the fishy and probably strategic nature of the Thursday announcement.  Obviously there is a lot more to this story: http://www.zerohedge.com/contributed/2012-20-15/truth-about-jp-morgan%E2%80%99s-2-billion-loss


I want to take a loan out against an old 401k to use as the down payment on a house. The problem that I've found is that in order to borrow against the 401k it has to be considered current. I'd like to avoid rolling it over to my current job because then if I quit the entire load has to be repaid within 60 days.  I'm specifically wondering if me plan of starting a company with a 401k will work. From what I can tell, there's no limit on the number of current 401ks you can have. Since I'm obviously never going to fire myself, having to suddenly repay the entire loan won't be a problem.   I'd like to keep my job and money related to investments separate.


We are well known name in Designer Wallpaper Retailer and Supplier in Mumbai and Navi Mumbai. The New Jain Furnishing offers a wide range of Designer Wallpaper in Mumbai and Navi Mumbai. Over the years, New Jain Furnishing has earned a brand name for itself and has earned an enviable reputation as one of the best, finest, largest & most preferred sources of world class Designer Wallpaper in Mumbai & Navi Mumbai. New Jain Furnishing Store’s greatest strength lies in its ability to quickly understand the taste & individual requirements of the customers, and offer them precise, specialized concepts in Designer Wallpaper that amalgamate innovative designs, colors, textures and patterns. We supply Designer Wallpaper in Mumbai and Navi Mumbai region mostly.


"How do people do it? Firstly, I'd advise you to explicitly budget all taxes. The reason is because taxes get complicated when you have a child deduction. Not that raising a child is profitable post taxes, but it can change your perspective. SIWKs with high income get by just fine. The rest sacrifice. They buy less house, or rent. They drive more than 30 minutes to work every day. They work second jobs. They stop saving for retirement. And when they fail to save or plan, they borrow from family or rack up huge credit card debt. They don't buy the sweet new truck they were planning on. They cut cable and cook meals at home. They skip church, because they can't afford the tithe, and say it's because they don't have time, don't want their children to disrupt services, etc.  So right now, that ""other"" basket is looking pretty juicy, and the taxes can maybe be examined as well. But ultimately, if you're looking at a 30 percent hit in pay, that won't cut it. Mortgage + food alone is nearly half your budget!"


Reversing your math, I am assuming you have $312K to work with.  In that case, I would simply shop around your local banks and/or credit unions and have them compete for your money and you might be quite surprised how much they are willing to pay. A couple of months ago, you would be able to get about 4.25% from Israel Bonds in Canada on 5 years term (the Jubilee product, with minimum investment of $25K).  It's a bit lower now, but you should still be able to get very good rates if you shop around tier-2 banks or credit unions (who are more hungry for capital than the well-funded tier-1 banks). Or you could look at preferred shares of a large corporation.  They are different from common shares in the sense they are priced according to the payout rate (i.e. people buy it for the dividend). A quick screen from your favorite stock exchange ought to find you a few options. Another option is commercial bonds.  You should be able to get that kind of return from investment grade (BBB- and higher) bonds on large corporations these days.  I just did a quick glance at MarketWatch's Bond section (http://cxa.marketwatch.com/finra/BondCenter/Default.aspx) and found AAA grade bonds that will yield > 5%.  You will need to investigate their underlying fundamentals, coupon rate and etc before investing (second thought, grab a introduction to bonds book from Chapters first). Hope these helps.


Short answer: Not likely. Long answer: As a rule of thumb, over the long run if you are generating 20% compounded returns on your money consistently, you are doing very good.  Since in the average case your 10k would compound to $61.4k YoY, you are very unlikely to be rich in a decade starting with 10k.


Creating a website is like designing a book cover; you need to capture attention by imagery and thought-provoking titles, but it should not stop there – it should also be attractive enough to make them buy the book and read its contents. It’s a balance between aesthetic and substance satisfaction. These are the essential elements in making your site an effective lead generation tool.


The movie celebrities in movie sectors are not restricted to a specific region; however they are still popular in the entire globe. These celebs make a big count of followers in distinct regions of the globe. Among these celebs the top most and wealthiest as per their celebrity net worth: Adam Sandler and Clint Eastwood.


There are various exchanges around the world that handle spot precious metal trading; for the most part these are also the primary spot foreign exchange markets, like EBS, Thomson Reuters, Currenex (website seems to be down), etc. You can trade on these markets through brokers just like you can trade on stock markets.  However, the vast majority of traders on these exchanges do not intend to hold any bullion ownership at the end of the day; they want to buy as much as they sell each day.  A minority of traders do intend to hold metal positions for longer periods, but I doubt any of them intend to actually go collect bullion from the exchange.  I don't think it's even possible. Really the only way to get bullion is to pay a service fee to a dealer like you mentioned.  But on an exchange like the ones above you have to pay three different fees: So in the end you can't even get the spot price on the exchanges where the spot prices are determined.  You might even come out ahead by going to a dealer. You should try to find a reputable dealer, and go in knowing the latest trade prices.  An honest dealer will have a website showing you the current trade prices, so you know that they expect you to know the prices when you come in. For example, here's a well-known dealer in Chicago that happily shows you the spot prices from KITCO so you can decide whether their service fee is worth it or not.


We face the same issue here in Switzerland. My background: Institutional investment management, currency risk management. My thoughs are: Home Bias is the core concept of your quesiton. You will find many research papers on this topic. The main problems with a high home bias is that the investment universe in your small local investment market is usually geared toward your coutries large corporations. Lack of diversification: In your case: the ASX top 4 are all financials, actually banks, making up almost 25% of the index. I would expect the bond market to be similarly concentrated but I dont know. In a portfolio context, this is certainly a negative. Liquidity: A smaller economy obviously has less large corporations when compared globally (check wikipedia / List_of_public_corporations_by_market_capitalization) thereby offering lower liquidity and a smaller investment universe. Currency Risk: I like your point on not taking a stance on FX. This simplifies the task to find a hedge ratio that minimises portfolio volatility when investing internationally and dealing with currencies. For equities, you would usually find that a hedge ratio anywhere from 0-30% is effective and for bonds one that ranges from 80-100%. The reason is that in an equity portfolio, currency risk contributes less to overall volatility than in a bond portfolio. Therefore you will need to hedge less to achieve the lowest possible risk. Interestingly, from a global perspective, we find, that the AUD is a special case whereby, if you hedge the AUD you actually increase total portfolio risk. Maybe it has to do with the AUD being used in carry trades a lot, but that is a wild guess. Hedged share classes: You could buy the currency hedged shared classes of investment funds to invest globally without taking currency risks. Be careful to read exactly what and how the share class implements its currency hedging though.


insurance premiums  My annual car premium always caught me off guard until I set up a dedicated savings account for it.


"You should spend zero on your stock research company.  If the management of the company actually had persistent skill in picking stocks, they would not be peddling their knowledge to the retail market for a few hundred dollars.  They would rake in millions and billions by running a huge hedge fund and buy themselves a private island or something.  Unfortunately for them, hedge fund investors are not as gullible as retail investors and are more likely to sue when they discover they have been lied to. Many stock ""research"" companies are trying to manipulate you into paying too high a price for stocks.  They buy a small stock, recommend it, and then sell it at the artificially (and temporarily) high price.  Others are simply recommending stocks pretty much at random. You could do that just as well as they can, and for free. Portfolio performance evaluation is a complex problem.  The research company knows that its recommendations will ""make good money"" about half the time and that's enough to bring in a lot of uninformed people.  To know whether your portfolio actually did well you need to know how much risk there was in the portfolio and how a competing ""dumb"" portfolio with similar characteristics fared over the same time period.  And you need to repeat the experiment enough times (or long enough) to know the outcome wasn't luck.  I can say confidently that your portfolio performance doesn't back up the claim that the research company has skill above and beyond luck.  Much less $599 worth of skill. I can also say very confidently that there are no investors with a total of 20 thousand dollars to invest for whom purchasing stock recommendations is worth the cost, even if those recommendations do have some value.  Real stock information is valuable only to large investors because the per-dollar value is low. Please do not give money to or otherwise support a semi-criminal ""stock research"" enterprise."


"Your ""money market"" is cash or a ""sweep account"" that your broker is holding for you and on which the broker is paying you interest.  The mutual fund is paying you dividends, not interest, even if it is a money-market mutual fund (often bearing a name such as Prime Reserve Fund) or bond mutual fund that is collecting interest on its investments and passing them on to you."


It depends on what actions the European Central Bank (ECB) takes.  If it prints Euros to bail out the country then your Euros will decline in value.  Same thing with a US state going bankrupt.  If the FED prints dollars to bailout a state it will set a precedent that other states can spend carelessly and the FED will be there to bail them out by printing money. If you own bonds issued by the bankrupting state then you could lose some of your money if the country is not bailed out.


The term pink slime wasn't coined by the reporters. It was the name given to it by the whistleblowing USDA scientists in a 2002 email to colleagues. The term was part of the story itself.  > In fact, the term “pink slime” was coined by one of the segment’s whistleblowing USDA scientists in a 2002 email to colleagues, and a 2009 New York Times piece using the term to describe BPI’s meat product won a Pulitzer Prize.


"Frankly, eliminating unlimited data on Sprint would not be a bad thing IF it meant faster speeds. As it is now, I get perhaps 125K a second speeds. Hardly worth it for ""unlimited"" or the $10 ""premium data"" charge that Sprint adds on. A few select cities that have seen Sprint's Network Vision implemented are getting faster speeds but the majority of us are limping along at speeds slightly better than 56K dialup."


Lenders may sell your mortgage to other lenders for a fee.  For example,  your lender might sell your mortgage to the highest bidder who may want to purchase your mortgage by making a one time payment.  For your lender that's a quick profit, for the new owner of your mortgage, that's long term returns for a one time fee.  For your lender, that is forgoing long term returns for short term gains (and transfer of risk in case you default).   (Very similar to how bonds work in a stock exchange!) What does this mean to you? Nothing.  You will still keep making payments to your original lender.   What does 'transfer of ownership has not been publicly recorded mean'? It means, when you are asked about ownership details regarding your mortgage, and this could be in tax forms or refinancing etc., you would enter your original lender's information and not Freddit Mac's! Pro-tip There are lots of scams based on this.  You might receive an official looking letter in mail claiming your loan has been sold and you should start making payments to the new owner. DO NOT FALL FOR THIS! Call your original lender (use the phone number from your loan papers, not mail you received) and verify this information.   And if this were to happen, your original lender would always inform you first.   And hey, congrats on your new home! :)


This is what everyone said about music circa 1999, that the record labels would never agree to sell their songs online because it would devalue selling albums, and a bunch of archaic thinking etc... and then the iTunes store showed the industry a better way to distribute their content, conviced the labels to play along, and Apple is now the most profitable company in the world.   There's no reason this can't happen for TV, it's clearly heading there and the first person to do for TV what Apple did for music will make a fortune, hell it might even be Apple that does it, yet another reason why Apple stock is severly undervalued right now


The whopper has too  much sauce for me, I prefer the McDonald's dollar menu hamburgers when I want fast food.  You can customize them any which way, it still won't come out to more than $2, and it only has about 300 calories.


Interest means that the money on the accounts belongs to you, regardless of who's name is the account titled to. For example, if you give money to someone (non-US person, say,  trying to avoid FBAR requirements) and that person puts it in his account but will give you money whenever you ask for it - you have interest in that account. This is in order for people not to avoid FBAR requirements by putting their money into someone's else accounts. Signature Authority means that although the account is not in your name, and the money on it is not your money - you have the right to access that account and perform operations on it. This usually happens when people are employees of a company and have signature authority over the company's accounts, but it is also frequently the case for people having signature authority over the accounts that belong to their family members (for example - your parents are not US persons, but they gave you access to their account because they don't know how to work with the bank and you do - you have signature authority over the account). If you have your own account - you have both interest in it and signature authority over it.


This question was asked three years ago, but now that it's 2017 there is actually a relatively easy, cheap and fast solution to at least the first half of your question. To cash the check: I've done this a half dozen times while abroad (from the US) without any problems.


No, they do not. Stock funds and bonds funds collect income dividends in different   ways. Stock funds collect dividends  (as well as any capital gains   that are realized) from the underlying stocks  and incorporates these   into the funds’ net asset value, or daily share price. That’s why a   stock fund’s share price drops when the fund makes a distribution –   the distribution comes out of the fund’s total net assets. With bond funds, the internal accounting is different:  Dividends   accrue daily, and are then paid out to shareholders every month or   quarter.  Bond funds collect the income from the underlying bonds and   keep it in a separate internal “bucket.”  A bond fund calculates a   daily accrual rate for the shares outstanding, and shareholders only   earn income for the days they actually hold the fund.  For example, if   you buy a bond fund two days before the fund’s month-end distribution,   you would only receive two days’ worth of income that month.  On the   other hand, if you sell a fund part-way through the month, you will   still receive a partial distribution at the end of the month,   pro-rated for the days you actually held the fund. Source  Also via bogleheads: Most Vanguard bond funds accrue interest to the share holders daily.   Here is a typical statement from a prospectus: Each Fund distributes to shareholders virtually all of its net income   (interest less expenses) as well as any net capital gains realized   from the sale of its holdings. The Fund’s income dividends accrue   daily and are distributed monthly. The term accrue used in this sense   means that the income dividends are credited to your account each day,   just like interest in a savings account that accrues daily. Since the   money set aside for your dividends is both an asset of the fund and a   liability, it does not affect the calculated net asset value. When the   fund distributes the income dividends at the end of the month, the net   asset value does not change as both the assets and liabilities   decrease by exactly the same amount. [Note that if you sell all of   your bond fund shares in the middle of the month, you will receive as   proceeds the value of your shares (calculated as number of shares   times net asset value) plus a separate distribution of the accrued   income dividends.]


Having all of the numbers you posted is a start. It's what you need to perform the calculation.  The final word, however, comes from the company itself, who are required to issue a determination on how the spin-off is valued. Say a company is split into two. Instead of some number of shares of each new company, imagine for this example it's one for one. i.e. One share of company A becomes a share each in company B and company C. This tell us nothing about relative valuation, right? Was B worth 1/2 of the original company A, or some other fraction? Say it is exactly a 50/50 split. Company A releases a statement that B and C each should have 1/2 the cost basis of your original A shares. Now, B and C may very well trade ahead of the stock splitting, as 'when issued' shares. At no point in time will B and C necessarily trade at exactly the same price, and the day that B and C are officially trading, with no more A shares, they may have already diverged in price. That is, there's nothing you can pull from the trading data to identify that the basis should have been assigned as 50% to each new share. This is my very long-winded was of explaining that the company must issue a notice through your broker, and on their investor section of their web site, to spell out the way you should assign your basis to each new stock.


"For Non-Resident filers, New York taxes New York-sourced income. That includes: real or tangible personal property located in New York State   (including certain gains or losses from the sale or exchange of an   interest in an entity that owns real property in New York State); services performed in New York State; a business, trade, profession, or occupation carried on in New York State; and a New York S corporation in which you are a shareholder (including   installment income from an IRC 453 transaction). There are some exclusions as well. It is all covered in the instructions to form IT-203. However, keep in mind that ""filing"" as non-resident doesn't make you non-resident. If you spend 184 days or more in New York State, and you have a place to stay there - you are resident. See definitions here. Even if you don't actually live there and consider yourself a CT resident."


Assuming cell A1 contains the number of trades: will price up to A1=100 at 17 each, and the rest at 14 each. The key is the MAX and MIN. They keep an item from being counted twice. If X would end up negative, MAX(0,x) clamps it to 0. By extension, if X-100 would be negative, MAX(0, X-100) would be 0 -- ie: that number doesn't increase til X>100. When A1=99, MIN(a1,100) == 99, and MAX(0,a1-100) == 0. When A1=100, MIN(a1,100) == 100, and MAX(0,a1-100) == 0. When A1=101, MIN(a1,100) == 100, and MAX(0,a1-100) == 1. Of course, if the 100th item should be $14, then change the 100s to 99s.


"No, the language in the Constitution is permissive, not mandatory. The *grant of power* to Congress is mandatory (shall), but nowhere does it say Congress ""shall/must"" etc establish a post office. The same clause also says that the government can establish post Roads, but those roads no longer exist, having been folded into other road systems. Must Congress also maintain a separate post road network? By your logic it must, but that is clearly an absurd result.   ""Maintain"" is only used for the Navy, which was always expected to exist continuously. Congress can also ""raise and support armies"", language reflecting the expectation that there would be no standing army, but neither ""maintain"" nor ""support"" are used for the post office.   Congress has the power to create the post office and post roads, bit it doesn't have to. It certainly doesn't have to maintain them. Nor is there any reason to think that establishing the post office and privatizing it is impermissible, since it follows the dictate of the clause. Even if it were unconstitutional, what is the relief? Who could sue who to have what done?"


"I'm not worried about them tracking me (I'm a boring white guy who might even be flattered). But, I'm also not selfish and short-sighted... The huge problem is the unjust abuses of other people's rights. I'm talking about people who have done no wrong, but are ""suspicious"" for bullshit reasons. It's wrong already, and acceptance of it only serves to keep expanding it. It may not affect us today, but it threatens affect us all tomorrow."


Do you need to do anything special when you receive such a huge amount of money? YES, ABSOLUTELY! 1st: Hire a lawyer. Retain him. Preferably one who has experience with high net worth clients. 2nd: Hire a financial advisor/wealth manager. Similarly, one who has experience with high net worth clients. 3rd: Tell no one else that you won. I cannot stress this point enough. Do these things before you even claim your prize. Winning the lottery seems like a great thing to people who haven't won, but statistically speaking most people end up worse off. Most people, not just lottery winners, but people who come into large sums of money unexpectedly just don't know how to handle it. Hire people who do know how to handle that sort of thing and get them on your side. If you win the lottery PROTECT YOURSELF! Go here: https://www.reddit.com/r/AskReddit/comments/24vo34/whats_the_happiest_5word_sentence_you_could_hear/chb38xf and read the top comment.


...And the US national debt **is** going up, accordingly.  That said, as long as Americans want Korean electronics, *and* we're not selling more to Korea than they are to us, **and** (most importantly) Korea would rather have US dollars than issue more Won...   *Both* sides come out ahead.  Debt isn't necessarily *bad*, it's just a bill you need to remember will come due some day.


I do this all the time, my credit rating over time plotted on a graph looks like saw blades going upward on a slope I use a credit alert service to get my credit reports quarterly, and I know when the credit agencies update their files (every three months), so I never have a high balance at those particular times Basically, I use the negative hard pulls to propel my credit score upwards with a the consequentially lowered credit utilization ratio, and the credit history. So here is how it works for me, but I am not an impulse buyer and I wouldn't recommend it for most people as I have seen spending habits: Month 1: charge cards, pay minimum balance (raises score multiple points) Month 2: PAY OFF ALL CREDIT CARDS, massive deleveraging using actual money I already have (raises score multiple points) Month 3: get credit report showing low balance, charge cards, pay minimum balance ask for extensions of credit, AND followup on new credit line offers (lowers score several points per credit inquiry) Month 4: charge cards, pay minimum balance, discretionally approving hard pulls - always have room for one or two random hard pulls, such as for a new cell phone contract, or renting a car, or employment, etc Month 5: PAY OFF CREDIT CARDS using actual money you have. (the trick is to NEVER really go above a 15% credit utilization ratio, and to never overleverage. Tricky because very quickly you will get enough credit to go bankrupt) Month 6: get credit report showing low balances, a slight dip in score from last quarter, but still high continue.


"Nobody has mentioned the futures market yet. Although the stock market closes at 4pm, the futures market continues trading 24 hours a day and 5.5 days a week. Amongst the products that trade in the future market are stock index futures.  That includes the Dow Jones, the S&P 500. These are weighted averages of stocks and their sectors. You would think that the price of the underlying stock dictates the price of the average, but in this day and age, the derivative actually changes the value of the underlying stock due to a very complex combination of hedging practices. (this isn't meant to be vague and mysterious, it is ""delta hedging"") So normal market fluctuations coupled with macroeconomic events affect the futures market, which can ripple down to individual stocks. Very popular stocks with large market caps will most certainly be affected by futures market trading. But it is also worth mentioning that futures can function completely independently of a ""spot"" price. This is where things start to get complicated and long winded. The futures market factor is worth mentioning because it extends even outside of the aftermarket and pre-market hours of stock trading."


In the US, dividends have special tax treatment similar to, but not the same as Capital Gains. No easy way to transform one to the other, the very fact that you invested your money in a company that has returned part of your capital as income means it is just that, income. Also in the US, you could invest in Master Limited Partnerships. These are companies that make distributions that are treated as a return of capital, instead of dividends. Throughout the life of the investment you receive tax forms that assign part of the operating expense/loss of the company to you as a tax payer. Then at the end of the investment life you are required to recapture those losses as Capital Gains on sale of the stock. In some ways, these investments do exactly what you are asking about. They transform periodic income into later capital gains, basically deferring tax on the income until the sale of the security. Here is an article I found about MLPs coming to the UK through an ETF: Master Limited Partnerships in the UK


"Bonds are valued based on all of this, using the concept of the ""time value of money"". Simply stated, money now is worth more than money later, because of what you can do with money between now and later. Case in point: let's say the par value of a bond is $100, and will mature 10 years from this date (these are common terms for most bonds, though the U.S. Treasury has a variety of bonds with varying par values and maturation periods), with a 0% coupon rate (nothing's paid out prior to maturity). If the company or government issuing the bonds needs one million dollars, and the people buying the bonds are expecting a 5% rate of return on their investment, then each bond would only sell for about $62, and the bond issuer would have to sell a par value of $1.62 million in bonds to get its $1m now. These numbers are based on equations that calculate the ""future value"" of an investment made now, and conversely the ""present value"" of a future return. Back to that time value of money concept, money now (that you're paying to buy the bond) is worth more than money later (that you'll get back at maturity), so you will expect to be returned more than you invested to account for this time difference. The percentage of rate of return is known as the ""yield"" or the ""discount rate"" depending on what you're calculating, what else you take into consideration when defining the rate (like inflation), and whom you talk to. Now, that $1.62m in par value may be hard for the bond issuer to swallow. The issuer is effectively paying interest on interest over the lifetime of the bond. Instead, many issuers choose to issue ""coupon bonds"", which have a ""coupon rate"" determining the amount of a ""coupon payment"". This can be equated pretty closely with you making interest-only payments on a credit card balance; each period in which interest is compounded, you pay the amount of interest that has accrued, to avoid this compounding effect.  From an accounting standpoint, the coupon rate lowers the amount of real monies paid; the same $1m in bonds, maturing in 10 years with a 5% expected rate of return, but with a 5% coupon rate, now only requires payments totalling $1.5m, and that half-million in interest is paid $50k at a time annually (or $25k semi-annually). But, from a finance standpoint, because the payments made in the first few years are worth more than the payments made closer to and at maturity, the present value of all these coupon payments (plus the maturity payout) is higher than if the full payout happened at maturity, and so the future value of the total investment is higher.  Coupon rates on bonds thus allow a bond issuer to plan a bond package in less complicated terms. If you as a small business need $1m for a project, which you will repay in 10 years, and during that time you are willing to tolerate a 5% interest rate on the outstanding money, then that's exactly how you issue the bonds; $1 million worth, to mature in 10 years and a 5% coupon rate. Now, whether the market is willing to accept that rate is up to the market. Right now, they'd be over the moon with that rate, and would be willing to buy the bonds for more than their face value, because the present value would then match the yield they're willing to accept (as in any market system, you as the seller will sell to the highest bidder to get the best price available). If however, they think you are a bad bet, they'll want an even higher rate of return, and so the present value of all coupon and maturity payments will be less than the par value, and so will the purchase price."


Name one country that spend that much money in such short period to get out of recession.  You have to find some sub-saharan despot to match the number.  (no. japan ain't it. considering the massive surplus current account and trade balance.)  https://tradingeconomics.com/japan/current-account  https://tradingeconomics.com/united-states/current-account


I'm not sure what the point here is. On a macro level, we all know globalization is good and that some markets and types of work die out as others take over. One (digital) computer can do more than a whole building of human computers. However, for the individual who has pride in his or her work as e.g a coal miner, and who made a decent living, won't be better off working for Arby's. Nor knowing that Arby's is a bigger employer.


I mostly agree with everything you said except the part regarding debt.  The whole point was that continued growth would pay off debt, not that individuals would go into more debt than they can pay off.  The second idea would be illogical as debt holders want to get payed back.


The car has value, but it is still a depreciating asset. You're paying far more to rent a space to park the car than you are to own and drive it if you look beyond the initial term of your loan. You could buy a space to keep the car, but at $225,000 for a permanent spot, renting is a much better deal. Would you travel home as frequently if you didn't have the fixed cost of a parking space rental giving you incentive to make the most of the car since you're paying for it either way? My additional question is whether the freedom to travel home on a whim is worth more than the financial freedom you would gain by investing the money for the long term. I don't think it's irresponsible if the short term freedom contributes significantly to your sense of well-being, but even if it isn't entirely sunk cost, the majority of it is.  The only way you can really know whether it's worth it to you would be to park the car at home for a month or two to see if you can live without it. Fortunately you don't lose much money in this experiment, since you're only paying 1.9% interest.


Coach Aniko is the creator and CEO at home organization solutions. Her objective is to empower internet marketers to make a lifestyle by design. I train internet marketers with online advertising skill sets so they can market everything, to any individual, anywhere in the entire world.


"Between 6 months and a year is normally regarded as the ""standard"".  Plan out what your monthly expenses are and save that money away.  One thing to consider is what extras can you give up.  If you are currently eating steak and lobster every day can you live with switching to ramen noodles for a period of time?  Can you switch from premium cable to basic cable (or cancel it altogether)?  Questions like this can greatly impact the amount you have to set aside. I personally have my emergency fund in CDs that mature the first of every month.  I know there is less liquidity in this approach but I'm ok with that.  My emergency fund is a sum of cash I'll always have so I wanted to reap the benefits of a higher yield.  If it comes down to it I can place an expense on a credit card and pay off the credit card when funds become available."


Welcome to Money.SE. As Dheer notes, we can come up with pretty good advice with more details.  Absent any more information, I'd offer this - money withdrawn today, from a traditional IRA, is subject to tax and 10% penalty. The day you turn 59-1/2, that 10% penalty evaporates.  Withdrawals at that time are still subject to ordinary tax at your marginal rate. If you happen to be in the 15% bracket, it may make sense (at 59.5) to withdraw enough to top off that bracket and use the extra money to supplement those payments. If you are already a 25%er, you have to decide whether this money is better spent paying the loans early. Much of that decision is based on the rates involved.  More important, in my opinion. what is the child doing? You borrowed money (I assume) to send a kid to college, and now he's out. Is he not able to chip in? $715K in retirement is pretty great, in the higher end of what pre-retirees have. It translates to just under $30K/yr in withdrawals at retirement. A decent number, really, but not a number that has you comfortably paying for this debt.


"The company released its 2nd Quarter Revenue of $1,957,921 a couple days ago however the stock did not move up in any way. Why? If the company is making money shouldn't the stock go up. During the time between earnings announcements, analysts occasionally publish their assessment of a company, including their estimate of the company's value and future earnings. And as part of an earnings report, companies often include ""guidance"": their prediction for the upcoming quarter (this will frequently be a conservative estimate, so they're more likely to achieve it). Investors make their purchase and sale decisions based on this information. When the earnings report comes out, investors compare these actual returns to analysts' predictions and the company's guidance. If their results are in line with these predictions, the stock price is unlikely to move much, as those results are already incorporated into the stock price. If the company is doing better than predicted, it's usually a good sign, and the price often rises; conversely, if it's doing worse, the price will likely fall. But it's not as simple as this. As others have explained, for long-term investors, stock prices are based on expectations of future activity. If the results of that quarter include some one-time actions that are unlikely to repeat, investors will often discount that portion."


"IBM had another trick where they would set up people to fail.. then give them a bad review.. than put all the people with bad reviews on a project - then sabotage the project and then then get anothger bad review and are on the way to being ""managed out"""


**Richard Feynman**  Richard Phillips Feynman (; May 11, 1918 – February 15, 1988) was an American theoretical physicist known for his work in the path integral formulation of quantum mechanics, the theory of quantum electrodynamics, and the physics of the superfluidity of supercooled liquid helium, as well as in particle physics for which he proposed the parton model. For his contributions to the development of quantum electrodynamics, Feynman, jointly with Julian Schwinger and Shin'ichirō Tomonaga, received the Nobel Prize in Physics in 1965.  Feynman developed a widely used pictorial representation scheme for the mathematical expressions governing the behavior of subatomic particles, which later became known as Feynman diagrams. During his lifetime, Feynman became one of the best-known scientists in the world.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&message=Excludeme&subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27


"Unfortunately, there is very little data supporting fundamental analysis or technical analysis as appropriate tools to ""time"" the market. I will be so bold to say that technical analysis is meaningless. On the other hand, fundamental analysis has some merits. For example, the realization that CDOs were filled with toxic mortgages can be considered a product of fundamental analysis and hence provided traders with a directional assumption to buy CDSs. However, there is no way to tell when there is a good or bad time to buy or sell. The market behaves like a random 50/50 motion. There are many reasons for this and interestingly, there are many fundamentally sound companies that take large dips for no reason at all. Depending on your goal, you can either believe that this volatility will smooth over long periods and that the market has generally positive drift. On the other hand, I feel that the appropriate approach is to remain active. You will be able to mitigate the large downswings by simply staying small and diversifying  - not in the sense of traditional finance but rather looking for uncorrelated products. Remember, volatility brings higher levels of correlation. My second suggestion is to look towards products like options to provide a method of shaping your P/L - giving up upside by selling calls against a long equity position is a great example. Ground your trades with fundamental beliefs if need be, but use your tools and knowledge to combat risks that may create long periods of drawdown."


>No. He worked overtime, he deserves his pay - not paying him 200k is wrong.  He shouldn't be allowed to work overtime.  Bridge patrol should be mandated to be well rested and never overworked.  They should work max 40 hrs a week.  And they should be salaried and not hourly.  >Is it mismanagement? Yes  OK, so it seems we agree.  I'm not saying let's stop paying for overtime.  I'm just saying we shouldn't be paying that much money to highway patrol, even if it's bridge patrol.


Sure, all the income gains have gone to the top, along with gains in wealth from capital appreciation. However, the Fed's expansion of money supply doesn't change that one way or the other.   I suspect the root issue here is the erosion of wages by automation, which concentrates wealth and income among the elite. The Fed can't fight that alone, but Congress won't touch it as they depend on the same elite for campaign funding and TV exposure.


"A few years ago, I stumbled across a little-known band and thought about buying tickets to their upcoming show. The tickets were an absolute steal, maybe $20 each because no one had heard of them but I didn't bother at the time. Figured I'd wait until closer to the tour date. Fast forward to about a month before the show. They had released a very popular single that summer and tickets were being sold online for well over $100. I remember thinking ""if only I knew these guys were going to be a big name one day"". I suppose I could have made a killing buy purchasing tons of tickets and selling them just before the event at a mad profit.  That's about the only scenario I can think of."


The key factors here are  You will need to pay tax in the UK only if you live more than 183 days - that too in a tax year. Indian tax system will also classify you as a NR (Non-resident) if you live outside for more than 182 days in a tax year.  In your case, your income will be in India and will stay in India. So there should not be any UK tax until you try and get that money to the UK. I will not go into outlining what if you want to go down that road since it does not apply. As for tax in India, You will need to pay tax since the source of income is Indian.  Hope this helps.


"It's significant. I look at the VIX Index.  The VIX futures.  etc.  Usually stock  market scares from financial worries (the economy, liquidity freezes, European country defaults etc) tend to last a bit longer, and non-financial worries (plane crashes, military skirmishes) tend to last a few days - then back to biz as usual.  My feeling is that the S&P500 will continue to grind higher as long as the US economy remains on life support (US fed injections), and you will see these periodic -5% S&P500 mini-scares (which are buying opportunities) but the overall trend will remain intact (from the ""lower left to the upper right"" as that goof Dennis Gartman says).  Once the US Fed stops the bond purchase program - it's anybody's guess.    I also think we're in a tech stock bubble again but that's another topic."


I have an interview coming up for an investment operations position. As someone who's fresh out of college, and who doesn't have the qualifications to get into the front office, I've realized that I'll probably have to take a job in the back office. The pay for this job would actually be solid, especially for the area so I am not disappointed with that. Ideally I'd like to be a financial analyst though.  If I were to get a job in the BO (at this point point I'd access the offer if one was made) how can I make sure I don't get stuck for the next 30-40 years?


Unfortunately this is something that should have been determined prior to the book tour. Your tax advisor or accountant could have assisted you in making sure you collected the documentation you needed.  You are going to have to sit down with your advisor with the documentation you have and determine what you can prove.