Having a loan also represents risk.  IMHO you should retire the loan as soon as feasible in most cases.   JoeTaxpayer, as usual, raises a good point.  With numbers as he is quoting, it is tolerable to have a loan around on a asset such as a home.  While he did not mention it, I am sure that his rate is fixed. If the interest rate is variable:  pay it off. If it is a student loan:  pay it off. If you can have it retired quickly:  pay it off and get the bank off your payroll. If it is consumer debt:  pay it off.


Rent. You have no idea whether you will still be in the same part of the country five years from now; you may not even be in the same country. A house is a boat anchor you really do not need or want at this time. It's also a set of obligations you may not want to take on yet.  And buying is not automatically more financially advantageous than renting, when you remember that money not going into the house can go into your retirement plan or other investments.


"This can be answered by looking at the fine print for any prospectus for any stock, bond or mutual fund. It says: ""Past performance is not an indicator of future performance."". A mutual fund is a portfolio of common stocks, managed by somebody for a fee. There are many factors that can drive performance of a fund up or down. Here are a few:  I'm sure there are many more market influences that I cannot think of that push fund prices up or down. What the fund did last year is not one of them. If it were, making money in the mutual fund market would be as easy as investing in last year's winners and everyone would be doing it."


I normally just do a buy limit at the price I want to buy it at. Then it executes when it's that price or lower, but there's still a chance you might purchase some shares at a larger price. But since we're small fry and using brokerages, there's not much we can do about it.


The gloves are one of the very vital  [MMA gear](http://www.mmasportinggoods.com/) and to be dilapidated during matches. One could or could not be dressed in gloves during practice. On the other hand, the people who do not make use of them put their hands to the danger of getting injured very badly.


I like how they skipped the parts about how aspirin increases the risk of gastrointestinal bleeding and how it's a bad thing that if you don't have heart problems it reduces the clotting factor in the blood, not to mention causes iron deficiency.


"Read the check: it says ""Pay to the order of ..."". It's simply an order from you to your bank to give money to someone. It can be written on anything. Back in the olden days (a hundred years or so ago) it would have simply been a letter to the bank. Those rules haven't changed much with today's automation. What matters is that the order comes from you, which means it must have your signature. If the bank pays a check with a fraudulent signature they're responsible. Granted, banks don't look very carefully at checks any more (I once accidentally swapped two checks when I paid bills, and the phone company simply gave me a $700 credit on my $50-a-month account), but if they screw up it's their problem."


An investigation about bailout money is not an audit.   And what's wrong with a gold standard? In the 40 years since we've been off it productivity is way down and gains have evaporated from the middle class going largely to the super rich.


This might be blasphemy in the context of an audience that may be most focused on the gift itself, but you should be donating in a manner that helps advance the landscape, as well as your particular favourite charity. Almost 90% of businesses are in the process of trying to move away from issuing and receiving checks, and several countries in the world have already stopped using them. Checks are inefficient, costly and in a resource constrained environment like that facing most charities, create an opportunity cost that is even higher than the manual processing cost that flows directly.  As donors, we need to think about scale in a manner that many individual charities don't.  Send your donation via ACH!


Looking at these reviews I would filter them too. They do look like they're either straight copies of each other or they sound like they're written by the same person; A commercial writer. There are just patterns in the structure that you don't see from more random reviews.


Echoing the others, never lend money to a friend or family member, just give it to them.   If you must have a contract in place then consider it a pay it forward type contract where the friend simply gives the same amount to someone in need at a future date.   The value of the friendship can never be measured, but it surely will be diminished by the amount of the loan between the two of you.


"My advice is to quit worrying about the salesman's tactics.  They are a distraction.  What do you want?  How much are you willing to pay for it.  If you want the instrument, decide how much you want to pay for it.  Round down to the next even hundred.  Take that much in $100 bills.  Put the money in his hand and say, ""This is what I have, take it or leave it"".  You must be prepared to walk out of the store without the instrument."


Not my argument at all - corporate profits are down and wages are either stagnant or down (one of the hardest things to measure because it doesnt measure fringe benefits pension etc) -- my problem with that statement is that if companies just pay their employees more it will 'create' demand, it simply does not. If companies pay their employees more for the same amount of output it will just drive up the cost of goods leaving us with the same shitty demand.


Having not seen the full raw data of the study, I would just like to put their sample size in some perspective:  Amazon has 341,400 employees. Statistically even in a very good system its entirely possible to have 100 that didnt have the best experience. Thats a sample of .00029 of the employees and that doesnt even get into the other consultants/contractors that might work with the company a modest amount. That doesnt really speak fairly whatsoever to the intents nor effectiveness of the implementation of Jeff Bezos or anybody else really at the company. I have not read of a company thats ambitious or effective in any respect that hasnt had some stressful moments.


"You sound like you're already doing a lot to improve your situation... paying off the credit cards, paying off the taxes, started your 401k... I'm in a similar situation, credit ruined & savings gone after the divorce.  I know it feels like you're just spinning your wheels, but look at it this way: every monthly payment you make on a debt directly increases your net worth.  Paying those bills regularly is one of the single best things you can do right now. As for how you can improve your situation, only two things really jump out at me: 1) $1,300 in rent, plus $300 in utilities, seems quite high for a single man.  I don't know the housing costs in your area, though.  Depending on where you live, you could cut that in half while still living alone, or get a roommate and save even more.  You might have to accept a ""suboptimal"" living arrangement (like a smaller apartment), but we all have to sacrifice at times. 2) That last $1,000... you really need to budget how it's being spent.  Consider cooking at home more / eating out less, or trading in your car for one with lower insurance premiums.  Or spending less money on the kids.  You say it's for their entertainment, but don't say what that is... are we talking about going to the movies once a month, or rock concerts twice a week? 3) If the kids are on their own for college, it's not the end of the world.  I know you want to provide the best future you can for them... help them get good grades, and it'll do more for them than any amount of money. After all those & any other ways you find to save money, even if you can only put a hundred bucks in a savings account at the end of the month (and I'd be surprised if you couldn't put five), do it.  Put it in, and leave it there, despite the temptation to take it out and spend it."


"If your parents are not on the deed then I am not sure how it could be their house. It seems like the sale was done unofficially. If your parents or aunt pass away this could be a real mess. Make this official ASAP. It might be possible for your aunt to gift you the house. This may have tax implication but the article below suggests that it may not be an issue. http://www.bankrate.com/finance/real-estate/aunt-be-taxed-for-bargain-price-on-house.aspx As you're probably aware, owning a house is expensive. Make sure you can afford taxes, bills, and maintenance. Things add up fast.  I should have address the ""rent to own"" plan. If you plan on transferring the house from your aunt to you by renting with $0 monthly payment and then claiming it is all paid off, then I think this would be considered a gifting of the house from your aunt to you. It sounds like fraud to claim you paid something that you didn't. In the end, it is either a gift from your parents or from your aunt. The sooner you get the house in your name the better"


Will having a lower credit limit, which I will still never reach, negatively impact my ability to get a mortgage in future? This would increase your utilization, the percentage of your total available credit that you use at any one time.  Because it decreases the divisor, your total available credit, while not changing the dividend, the amount of your credit that you use.  In the United States, you generally want utilization to be between 8% and 30%.  So if this increases your utilization, it could hurt your credit score (or if your utilization is low enough, possibly help it).   I do not know if the rule is the same in the United Kingdom or not, but this site claims that it is at least similar.   22% is an OK utilization, assuming you have no other debt.  But a utilization of 17% is closer to 8% and may be better.  It may be worth calling them to keep your credit limit where it is if they don't ask too much from you.


Nobody is going to buy a stock without returns.  However, returns are dividends + capital gains.  So long as there is enough of the latter it doesn't matter if there is none of the former. Consider:  Berkshire Hathaway--Warren Buffet's company.  It has never paid dividends.  It just keeps going up because Warren Buffet makes the money grow.  I would expect the price to crash if it ever paid dividends--that would be an indication that Warren Buffet couldn't find anything good to do with the money and thus an indication that the growth was going to stop.


">> I propose to make the requirements for finish high school and college degrees much much higher, as it was in the past.  > Not gonna happen.  Totally agree with you! What I was proposing is what SHOULD be done.  > waiting for disadvantaged kids to get higher scores will not happen until they get accepted into college.  Even then! Almost all disadvantaged kids, smart or not smart, the diploma they get is almost worthless. The diploma will not give them much advantage or improve their situation. The diploma barely even helps very smart kids from rich advantaged homes.  Actually, if in the past, no matter who you knew, no matter your family background, a diploma will almost always GUARANTEE a secure and advantaged life.  > If you force schools to gain their income from future students earnings they will have high concern for kids that have a good P/E ratio. It will also stop the loan industry from putting these kids into debt.  In theory, you are correct. In practice, many many problems to implement. For starters, this makes college a very risky business because it's very hard to predict future income of its students, even the very smart and accomplished students. And I will give you a related example: colleges teach Computer Science (Programming) to many kids today, but the profession is about to die due AI and automation + outsourcing. This was unexpected 1-2 years ago.   Barely economists can predict the economy, so you want colleges to predict income based on what is taught?  > The downside is that it may turn colleges into trade techs,   Actually, colleges are already trade techs because, today, almost all students study just(!) for the hope to get a job.  In the past, you studied to become a scholar and wise, and then pick some kind of a job of your interest where being generally smart and knowledgeable is needed.  BOTTOM LINE: Since you and I know that nothing will be done, no higher standards and no future-income based tuition, here's what what's happening with my son, which is what happened with me, which is still happening in Germany. No, I am not German, but I come from a German culture - my parents are of German descent, but I was born and raised in Israel.  It's called ""Master and Apprentice"".  I have been working since I was 13, with computers, and if you consider my age (55), when I was 13, no PCs with internet, and only punch cards were used to access a computer. My parents did not push me... it was me who felt the need to work, while I was studying (just like my father had that need when he was young).  My son, 13 today, but since he was 10, the apple does not fall far from the tree, found work (he's not even allowed to work by law) and is making money. He's right now teaching, administering and designing Minecraft ""worlds"" and applications.  **Hands on experience, especially taught from a Master is better than any Diploma!!!!**  He will probably go to some so-so college to get a piece of paper called ""Diploma"" WHILE he will continue working in whatever he's interested.  He will be successful like I am (not trying to brag). I never pushed him, but I explained to you some realities of the world.  LAST WORD: actually, most Masters, real Masters, are desperate to teach, for free, their knowledge, vision and know. And the system does not allow them to do that, to protect the colleges and universities. Only in Medicine, it's still happens. Think about it!!!!!"


If the car is in otherwise good shape, it's always less expensive to keep it longer. Think of it this way: you have to buy new tires no matter what. It's just a question of whether or not those new tires are attached to a new car or your current car.


NL7 is most likely right. With the rise of regulatory burden some financial institutions are refusing to do business for which they are at risk of not being compliant (because of complexity) or where being compliant is to onerous. Would suggest you have a look at  Good luck


Searching for to sell ipad? You can sell your ipad on sellmyfone.com very easily and very fast as well also at good price. The main mission is to transform the way people sell their old ipad by sell online. You can sell your ipad with the least amount of efforts.


Now days, startup business owners are so desperate for tapping into the billions of pounds hovering around various establishments that they will definitely go to greater lengths for getting or presenting  their business plan to the top investor. This kind of continuous bombardment might frustrate several investors to certain extent that they will never want to listen about those specific organizations again. Venture capitals might also invest in various startup businesses beyond pitches of their own research thematic into industries or sectors where they consider disorderly organizations can materialize too. Know More


Forex trading is easy, but developing the discipline and skills necessary to trade and be consistent in profits over an extended period of time takes years to achieve. As a beginner in currency trading it is quite normal to have the potential profits as your driving force, but when you jump into the trade without a plan, your chances of making at profits remain just hopes and you may never succeed. Fortunately, you can always borrow a leaf from the experts to help you start with a firm foundation to increase your success rates.


It's best to roll over a pension plan, you don't want to pay the penalties especially when you are young. Rolling over into another scheme, or rolling over into a scheme that is somewhat self directed would avoid the penalty and could help you achieve higher returns should you feel you will perform better. Making regular monthly or biweekly contributions is imperative so that you catch compounded returns on your investments. Since you state that you are inexperienced, I would suggest rolling over into the new scheme and sitting with the pension advisor for the company, ie Prudential, etc. Telling them some key information like your age, in how many years you expect to retire, your current income, your desired pension income per year and such will greatly help them ensure that you come as close to your goal as possible, providing nothing horrendous happens in the market.


"The VIX is a mathematical aggregate of the implied volatilities of the S&P 500 Index components. It itself cannot be traded as there currently is no way to only hold a position on an implied volatility alone.  Implied volatility can only currently be derived from an option relative to its underlying.  Further, the S&P 500 index itself cannot be traded only the attempts to replicate it.  For assets that are not tradable, derivatives can be ""cash settled"" where the value of the underlying is delivered in cash.  Cash settlement can be used for underlyings that in fact due trade but are frequently only elected if the underlying is costly to deliver or there is an incentive to circumvent regulation. Currently, only futures that settle on the value of the VIX at the time of delivery trade; in other words, VIX futures holders must deliver on the value of the VIX in cash upon settlement.  Options in turn trade on those futures and in turn are also cash settled on the value of the underlying future at expiration. The VXX ETF holds one to two month VIX futures that it trades out of before delivery, so while it is impossible to know exactly what is held in the VXX accounts unless if one had information from an insider or the VXX published such details, one can assume that it holds VIX futures contracts no later than two settlements from the preset.  It should be noted that the VXX does not track the VIX over the long run because of the cost to roll the futures and that the futures are more stable than the VIX, so it is a poor substitute for the VIX over time periods longer than one day. ""Underlying"" now implies any abstract from which a financial product derives its value."


I read the article.  They've shut down foia requests with the recent updated foia legislation, the guy says that big business owners will slander them in the news if they publish anything on them,  try to sue them, insurance companies won't insure them, wealthy people won't donate.  Essentially is you go after big corporate power you get shut down.   Edit: I am for it.


> These people have no hope of ever making a return on their investment in their homes.  That's... not really the point of a house. Thinking like this is how we got into the housing crisis. At the literal end of the day, it's somewhere to keep your stuff while you sleep.


"It is very hard to find any ""tough math"" application that isn't already packaged nicely in a library or app. Unless you're out to break grounds, you don't need to do any math beyond knowing what function to call and what button to click. After went through and understanding a bunch of the option pricing equations, I forgot 99.9% of them already. Why? Because in a day to day basis, all I needed to know is which function to call in quantlib and trust whoever wrote quantlib know what they're doing."


The biggest problem is that the rate of return for a completely immunized program is really low.  Especially, now, given the low rate of return, the cost of such a program makes it nearly unfeasible, unless you assumed a ridiculously low rate of return (<1% return).  As it is, they're assuming a 4.5% rate of return, which is about 2% above inflation, a very very conservative forecast.    Plus, not every pension plan could immunize their plans.  All that does is shift interest rate risk (btw, not the only type of risk that exists, there's credit risk as well.  To get rid of both, you'd be getting marginally above 0% return, not something you can run a pension plan on).  So, you'd have to have someone or some set of people that have a very large and very unnatural interest rate risk.  If you had a large move in rates, it would demolish those people, which would completely invalidate those hedges.  It's much better for the economy on whole that pension plans are able to take credit and interest rate risk.


There are a lot of great suggestions here on how to get and keep your finances in shape. But I have to say, I disagree with some on the starting point. The first step to living frugal is to convince yourself that it is worth it. That it is the way to go and the way you want to manage your finances. As @DrFredEdison and @fennec stated, the reason we frugal people don't spend wildly is because of what we believe. So I would suggest buying a book or video/audio series from someone like Dave Ramsey who will encourage and motivate you to spend wisely and show you practical ways to get started. With that said I do agree with a lot of the practical suggestions that have been given here.


What's with the price confusion in BB store and website.  Bought an $80 heart rate monitor and at checkout went on BB website.  It was $40.  Tell cashier and they change an $80 item to $40.  Told another person I saw in that area to check online.  They saved also. The next visit was to look at a turntable around $400.  They push so hard and bring this sales pitchy vibe to a $2000 turntable.  I've had numerous negative experiences.  Wish them well since competition is good but stop with the games.


Keep in mind collectors are trying to get you to react emotionally, which is having some effect as you are considering bankruptcy.   ...threatening me with judgments... Did they threaten to take away your first born son too?  Many of their threats are empty.  Even if you do have a judgement, you may be able to negotiate with the lawyer that is handling the judgement.  Once you don't pay them anything for a few years, they are more likely to negotiate. It is good that you recognize that it was your dumb decisions that got you into this mess.  Once on the other side of all this cleaning up that you have to do what will you change so this does not happen again?  What raises a red flag for me is that you are worried about your credit score.  Trying to have a good credit score is what got you into this mess in the first place. Stop borrowing.


And the world keeps turning and turning and turning Trump is more out of his depth on Tuesday than on Monday Now there is no one left to disarm but the American people After all, what do sheeple need weapons for?  Perhaps American exceptionalism is a synonym for American psychosis as our sanity takes its final blind step over the edge and we must turn inwards as the ability to externalize our threats has been lost  Tuesday comes . . .  Whats the worst that could happen?


"I pay taxes on revenue.  You do have the ability to deduct expenses, though it's not as comprehensive as what companies can do: These figures apply to everybody, so those that earn more get taxed more on thee additional income in each bracket (meaning the first $100,000 of taxable income is taxed the same for everybody at one rate, the next $100,000 at a different rate, etc.) So you do get to deduct personal expenses and get taxed on ""profit"" - but since the vast majority of people don't keep detailed records of what they spend, it's much simpler just to use blanket deduction amounts for everyone. Companies have much more detailed systems in place to track and categorize expenses, so it's easier to just tax on net profit. Plus, the corporate tax rate is much higher than the average individual tax rate - would you trade more deductions for a higher tax rate?"


"The terms debit and credit come from double-entry book-keeping. In this system, every transaction is applied against two accounts: it debits one and credits the other by equal amounts. (Or more technically, it affects two or more accounts, and the total of the credits equals the total of the debits.) Whether a debit or a credit adds or subtracts from the balance depends on the type of account. The types of accounts were defined so that it is always possible to have these matching debits and credits. Assets, like cash or property that you own, are ""debit accounts"", that is, a debit is an increase in the balance of the account. Liabilities, like money you owe, are ""credit accounts"", that is, a credit is an increase. To get into all the details would require giving a tutorial on double-entry book-keeping, which I think is beyond the scope of a forum post. By a quick Bing search I find this one: http://simplestudies.com/double-entry-accounting-system.html. I haven't gone through it so I can't say if it's a particularly good tutorial. There are plenty of others on the Web and in bookstores. Note that the terminology can be backwards when someone you're doing business with is describing the account, because their viewpoint may be the opposite of yours. For example, to me, my credit card is a liability: I owe the bank money. So when I post a charge, that's a credit, and when I pay it off, that's a debit. But to the bank, my account is an asset: the customer (me) owes them money. So to the bank, a charge is a debit and a payment is a credit."


"Y'know, I see these articles from ""experts"", day after day, month after month, year after year... Hell, we're going on 8 years since the introduction of Bitcoin...  And despite **every** expert being wildly negative about cryptocurrencies (despite some big players - as in, BoA and JP Morgan, among others - desperately trying to convince investors to use their own version of it)... Cryptocurrencies keep growing *hundreds* of times faster than the US market as a whole.  So I've become somewhat jaded by the skeptics.  I'm not going to sink my retirement into Bitcoin, but... C'mon guys, give it a rest.  There's a demand for this *because* it makes your traditional financial institutions useless, and we *hate* those traditional financial institutions *sooo* much.  Adapt or expire.  Preferably the latter."


"My local post office is known for not delivering packages. Not just known by people in general, but known by the USPS; I called customer service about a package, told them what was going on and they said ""oh that post office? yeah they have a lot of problems for some reason"". They also don't pick up the phone or respond to redelivery requests. They also don't always leave delivery slips, or sometimes they back-date them. I could go on, but I don't think I know a single person who has any love for the USPS, it's incredibly mismanaged."


"I guess I don't understand how you figure that taking out a car loan for $20k will result in adding $20k in equity.  A car loan is a liability, not an asset like your $100k in cash.  Besides, you don't get a dollar-for-dollar consideration when figuring a car's value against the loan it is encumbered by.  In other words, the car is only worth what someone's willing to pay for it, not what your loan amount on it is. Remember that taking on a loan will increase your debt-to-income ratio, which is always a factor when trying to obtain a mortgage.  At the same time, taking on new debt just prior to shopping for a mortgage could make it more difficult to find a lender.  Every time a credit report (hard inquiry) is run on you, it temporarily impacts your credit score.  The only exception to this rule is when it comes to mortgages.  In the U.S., the way it works is that once you start shopping for a mortgage with lenders, for the next 30 days, additional inquiries into your credit report for purposes of mortgage funding do not count against your credit score, so it's a ""freebie"" in a way.  You can't use this to shop for any other kind of credit, but the purpose is to allow you a chance to shop for the best mortgage rate you can get without adversely impacting your credit. In the end, my advice is to stop looking at how much house you can buy, and instead focus on a house with payments you can live with and afford.  Trying to buy the most house based on what someone's willing to lend you leaves no room in the near-term for being able to borrow if the property has some repair needs, you want to furnish/upgrade it, or for any other unanticipated need which may arise that requires credit.  Don't paint yourself into a corner.  Just because you can borrow big doesn't mean you should borrow big. I hope this helps. Good luck!"


>David Knopf, 29, will assume the role Oct. 1, the company said today (Sept. 8), making him the youngest CFO to lead one of the US’s largest companies. (The next youngest, at 27, is Andrew Power of Digital Realty, according to research from Crist Kolder, an executive search firm.)  this article is shit


I've seen a lot of long and complicated answers here so here is my simple and short answer: Let's say the economy consists of: 10 apples and 10$. Then an apple costs 1$. If you print 10$ more you have: 10 apples and 20$. Then an apple costs 2$. That is it! It's not what Kenshin said:  Over time, prices go up! However I would like to add something more on the topic: inflation is theft! If I hack the bank and steal 10% from each account it's obvious that it is theft. It's a bit less obvious when the government prints out money and people loose 10% of the value in their bank accounts but the end result is the same. Final note: some may disagree but I do not consider inflation when 5 of the apples rot and you have: 5 apples and 10$ and an apple now costs 2$. This is a drop in supply and if the demand stays the same prices will rise.


Crony capitalism isn't capitalism.  It is basically a case where the government turns a blind eye to wealthy individuals breaking the law, or is even complicit in giving away taxpayer money in the form of no-bid contracts.  This is much more prevalent in China's state-sponsored capitalism.  Their system is textbook crony capitalism.  We still have it but to a lesser degree.  Don't blame capitalism for the government's failure.  Crony capitalism absolutely requires a complicit strong central government in order to flourish.    And there is a difference between the  suburbs around Las Vegas and Chinese ghost cities.  The Las Vegas suburbs were at least built with buyers in mind, even though this turned out to be a mistake.  It was a mistake on the part of a few individuals.  Absolutely a mis-allocation of capital, and I didn't mean to imply that capitalism is perfectly efficient in allocating capital.  But the Chinese ghost cities are a centrally planned project made for the intention of moving rural Chinese people into them in future 5-year plans.  Whether that turns out to be a good investment has yet to be seen, but it seems like it will involve moving lots of people against their will.  But does it not make more sense to gradually build up a city according to what is currently needed, as capitalism tries to do, rather than spend lots of money building an entire city, much of which may never be needed?  There are so many imbalances brewing under the surface in China, it seems like only a matter of time before they all come to a head.


When the wire is cancelled, your bank would pull cash out of your account. If you wired it elsewhere, your bank would cancel that wire and pull the cash from its destination. They only way to keep the money is to physically withdraw it from your account, at which point you're really fighting with your bank, not the scammer. Your bank will close the account and attempt to collect. If you used fake info to open the account they will do what they can to pursue you for fraud. In the end you are just as guilty as the scammer of breaking laws. The only way to scam a scammer is to lead them on and waste their time so they can't spend that time scamming others. This assumes you don't value your own time and you can keep them from being productive.


"Transferring the balance of a credit card is what they call moving your debt from one credit card to another credit card or loan.  A debit card, however, is not debt. It is a card that is tied to a checking account with money in it. You can't transfer debt to your checking account. If you have enough money in your checking account to cover the balance of your credit card, you can pay it off.  That is a really good thing to do, because the balance on your credit card is costing you a lot in interest charges each month.  Were you perhaps thinking of ""transferring a balance"" from your debit card's checking account to a new credit card, where you would then have a new debt on the credit card, and extra cash in your debit card's checking account? This is possible with most credit cards, and is usually called a cash advance. However, just to caution you, cash advances typically have high interest rates. Often you will see promotions where they will offer low (or no) interest rate for a short time, but this is just a trick to entice you to borrow extra, knowing that if you need the money now, you'll most likely still need it in 6 months when the promotion expires. I don't recommend it."


Yeah I know, that's how it was for the first two weeks, then after a couple of launches with the guys and few playful jokes at their expense, they kinda accepted me and instead of them giving me work, I tried to make the impression of me practically begging for something to do at the office.


It will come down the percentage of time you use a specific area in your home.  For each business you will be asked to first designate a percentage of your home you use for that business, then the percentage of time you use it.  The space for both businesses might be the same, but the percentage of use would not.  You could not claim 100% for both businesses.  The combined petcentage of use could not exceed 100%.


It appears that usury has always been a bit of a sticking point for the Catholic church. Ever since the First Council of Nicea it was officially the position of the church that charging usury was a sin. It wasn't until the rise of Napoleon and his implementation of the Napoleonic Code that moved usury into wider acceptance. Pope Pius VIII essentially said that usury was now in the realm of the state and not a concern of the church. However, the church itself was unable to invest in interest bearing securities until the Code of Canon Law was updated in 1917 to allow the church to engage in interest bearing investments. However, there seems to be a renewed push within the Holy See (essentially the governing body for Catholics) to push back against some tenets of capitalism. So, it's not so much that the church has ever condoned the use usury but just let it kind of slide into a grey area. Some religions like Islam still forbid the use usury which leads to a special type of banking called Islamic Banking.  Source: https://en.wikipedia.org/wiki/Vix_pervenit


I just switched careers from IT to investing and my first step was to sign up for the CFA and started studying to learn the field.  When I talked about it during my interview, I could tell they were impressed I was doing it on my own and fully believe it helped me get the job.  The position is entry level but still.  Also, I got a scholarship through the local CFA society and borrowed Schweser books from a friend.  So yes its tough and expensive but if you can do it now, definately do it.


"Author seems bitter.  A person who frequently talks in cliches while never or rarely offering any substantive is a problem; a person who knows his/her stuff and uses cliches as an efficient way to get their point across is not.    Purposely trying to avoid common vernacular will do more to make a person sound like they're trying to compensate for a lack of understanding.  The only way this article makes sense is if it's just the author venting, otherwise it serves to get supposed halfwits who talk in cliches to find a new way to ""fake it until they make it""."


Please provide specifics how and when all of these things will help the economy. I just showed you that they're not going to help the economy. You proved to me that that idiot Trump supports them. Says nothing about whether they're going to make a difference (spoiler alert: they won't, at least not a positive one).   Go ahead, reply with more vague bologna that proves nothing. It's totally fooling me.


Dont just complain about it on the internet. Write and call your reps to demand federal protections at the credit information level rather than the derivative personal credit card level that doesnt even cover small business which employs most Americans.  It doesnt even require increased compliance due to AML/KYC requirements and many of the interrelated systems for banks being designated core infrastructure for the financial system.  Besides the fact that even banks should want this because who is going to foot the bill on a bunch of bad loans that arent even to the bank itself when the taxpayer likely cant even handle a [$10 incidental?](http://www.businessinsider.com/emergency-expenses-work-survey-2017-5)


Operation twist is just an asset swap. The balance sheet isn't being expanded, money isn't being printed to buy treasuries. The fed is just selling short term assets and buying longer term assets. If more longer term treasuries are bought this brings the yield down (for bonds the more you buy them, the lower the yield goes). Lower long term interest rates means people can borrow at low rates and this is supposed help the economy.   No printing of money means that gold doesn't get more precious.   I do think gold will do well though, if the ECB wants to save the EU they're going to have to print, and print a lot. The Bank of England is doing some QE too. Lots of countries will be/ are easing.


#####&#009;  ######&#009;  ####&#009; Section 4. [**Legal affairs**](https://en.wikipedia.org/wiki/Donald_Trump#Legal_affairs) of article  [**Donald Trump**](https://en.wikipedia.org/wiki/Donald%20Trump): [](#sfw)   ---  >In March 1990, Trump threatened to sue [Janney Montgomery Scott](https://en.wikipedia.org/wiki/Janney_Montgomery_Scott), a [stock brokerage firm](https://en.wikipedia.org/wiki/Brokerage_firm), whose [analyst](https://en.wikipedia.org/wiki/Stock_analyst) had made negative comments on the financial prospects of Taj Mahal. The analyst refused to retract the statements, and was fired by his firm.  Taj Mahal declared bankruptcy for the first time in November 1990.  A [defamation](https://en.wikipedia.org/wiki/Defamation) lawsuit by the analyst against Trump for $2 million was settled out of court.  On November 2, 1992, the [Trump Plaza Hotel](https://en.wikipedia.org/wiki/Trump_Plaza_Hotel_and_Casino) filed a prepackaged [Chapter 11](https://en.wikipedia.org/wiki/Chapter_11_bankruptcy) protection plan. Under the plan, Trump agreed to give up a 49 percent stake in the luxury hotel to [Citibank](https://en.wikipedia.org/wiki/Citibank) and five other lenders. In return Trump would receive more favorable terms on the remaining $550+ million owed to the lenders, and retain his position as chief executive, though he would not be paid and would not have a role in day-to-day operations.   >  ---  ^Interesting: [^Donald ^Trump ^\(song)](https://en.wikipedia.org/wiki/Donald_Trump_\(song\)) ^| [^Donald ^Trump, ^Jr.](https://en.wikipedia.org/wiki/Donald_Trump,_Jr.) ^| [^Donald ^J. ^Trump ^State ^Park](https://en.wikipedia.org/wiki/Donald_J._Trump_State_Park)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&subject=AutoWikibot NSFW toggle&message=%2Btoggle-nsfw+cjj6nl9) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&subject=AutoWikibot Deletion&message=%2Bdelete+cjj6nl9)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)


My original point, which was challenged by a republican hater (and I hate them as well) was that the USA has not found a magical formula for EVERYONE to experience prosperity and happiness. Well neither has any country in the world. All I was saying is that the ones the previous person claimed did that and your democracy index for that matter are incredibly not diverse countries and your response is china and Russia as examples of also being not diverse. Well china and Russia are extremely powerful so I am not sure I see the point.


There is the iShares Jantzi Social Index Fund.


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I phoned Tangerine; they enlightened me. It generally takes 2 hours for the email to arrive. Next, the recipient must open the email, click the link, and enter their bank account number. They'll generally receive the money 2-3 business days after that. This forum post suggests that the delays are due to systemic risk management, tendering, and clearing.


It depends on the business. Some ask for ID and check against the signature (rare); some ask for ID but barely glance at it; some check just that it's signed (also rare); some ask for me to input my ZIP code on the card reader (KMart); and some don't do anything (most common). What they do doesn't seem connected to whether I put the card in the reader myself, or hand it to the cashier for them to scan. It does seem silly to check IDs, etc., as there are places such as gas stations where I never even see an employee, and can spend just as much there as at WalMart, KMart, or the grocery store, all places that tend to do more checking.


"I never said a word against going into business for yourself.  The article is about the lies perpetuated by people who stand to gain from you taking ""the long shot"" instead of bootstrapping something in your spare time. You know, the stuff the VCs call ""little dipshit companies."""


"An investment is sold when you sell that particular stock or fund. It doesn't wait until you withdraw cash from the brokerage account. Whether an investment is subject to long term or short term taxes depends on how long you held that particular stock. Sorry, you can't get around the higher short term tax by leaving the money in a brokerage account or re-investing in something else. If you are invested in a mutual fund, whether it's long or short term depends on when you buy and sell the fund. The fact that the fund managers are buying and selling behind your back doesn't affect this. (I don't know what taxes they have to pay, maybe you really are paying for it in the form of management fees or lower returns, but you don't explicitly pay the tax on these ""inner"" transactions.) Your broker should send you a tax statement every year giving the numbers that you need to fill in to the various boxes of your income tax form. You don't have to figure it out. Of course it helps to know the rules. If you've held a stock for 11 1/2 months and are planning to sell, you might want to consider waiting a couple of weeks so it becomes a long term capital gain rather than short term and thus subject to lower tax."


Oh my God.  Turn. Back. Now.  This is literally a textbook scam.  I know you want to believe this is true. Its not. Even if it was true it would still be a high, high risk investment that would then be compounded by the fact that you would be doing it with 100% debt.


Reddit don't hate with any of business but reddit hate if some using reddit as a platform to make advertise & promotion active for own business. Reddit is the platform where people coming to make genuine discussion, don't be prefers to just create backlinks for the website. Accounting to the nature of business select subreddit - /r/business ,  /r/Entrepreneur , /r/investing etc.


Yep, I'm actually in chicago, own a condo and a single family, both working class.  I personally expect the problem to be high inflation, so long as your assets are productive you should be able to raise rates with inflation


The companies which define the major indexes do not derive profit directly from the indexes. They are typically brokerages, which use the indexes as a tool for discussing investment options with their clients and as a publicity tool to remind the public that they are long-standing, respected firms whom we might want to consider working with. Can't mention the Dow without being reminded of Dow Jones, for example. Likewise the Standard & Poor's 500 reminds us that S&P is still going strong. There may also be some slight market manipulation opportunities in choosing which specific stocks are included in each index, but since investors rarely follow an index exactly as originally defined I'm not convinced that's significant. And the mix included in each index changes relatively rarely and has to be justified by what the index claims to be representing.


"They're hiding income. The IRS is a likely candidate for who they are hiding it from but not the only option. Another possibility that comes to mind is someone who had a judgment against them--a check made out to ""cash"" could be handled by someone else and thus not ever appear in their bank accounts."


I think it is because people have realized that the paper gold (and silver) is pretty much worthless, and that gold in hand (physical gold) is where it is at. I do not pretend to be a goldbug speculator. I just know that over selling paper, eventually has to bottom out, once people start to ask for delivery of their assets, and realize they are not going to get anything for their investments.


For those who haven't followed the whole story from the beginning:  After the success of Atlantic City's more upmarket Borgata Casino, Revel was supposed to take things a step even further, being more luxurious and high-end, attracting an affluent clientele who may not have visited Atlantic City otherwise.  With a $2.2B investment in a massive, gleaming structure almost twice as tall as the next biggest casino tower, plus exclusive restaurants, Revel seemed to have all the ingredients to cater to the high money Vegas crowd.  It never happened. People who wanted a high-end Vegas experience could simply afford to go to Vegas, while at the same time, Revel alienated the lower end customer base by banning smoking and not offering any inexpensive buffet style dining. Later attempts to cater to the typical Atlantic City customer were too little too late, and now it looks like the experiment may be done for good.


"I linked my bank account (by making a transfer from bank account to Paypal) without linking a card. This should not give Paypal any rights to do anything with my bank account - transfer that I made to link it was exactly the same as any other outgoing transfer from my bank account. On attempting to pay more that resides in my Paypal balance I get  To pay for this purchase right now, link a debit or credit card to your PayPal account. message. Paypal is not mentioning it but one may also transfer money to Paypal account form bank to solve this problem. Note, that one may give allow Paypal to access bank account - maybe linking a card will allow this? Paypal encourages linking card but without any description of consequences so I never checked this. It is also possible that Paypal gained access to your bank balance in other way - for example in Poland it just asked for logins and passwords to bank accounts (yes, using ""Add money instantly using Trustly"" in Poland really requires sharing full login credentials to bank account - what among other things breaks typical bank contract) source for ""Paypal attempts phishing"": https://niebezpiecznik.pl/post/uwaga-uzytkownicy-paypala-nie-korzystajcie-z-najnowszej-funkcji-tego-serwisu/"


"There is no ""reason why this cannot be done"", but you can tell your friend that these actions are officially shady in the eyes of the US government. Any bank transactions with a value of $10,000 or more are automatically reported to the government as a way to prevent money laundering, tax evasion, and other criminal shenanigans. ""Structuring"" bank deposits to avoid this monetary limit is a crime in and of itself.  https://en.wikipedia.org/wiki/Currency_transaction_report"


its sad that I am getting down voted because people disagree with me. I'd like the people that disagree with this notion first read this:   http://pragcap.com/understand-the-modern-monetary-system/understanding-modern-monetary-system  Most people in this country just have no idea how this economy works and what role the federal reserve plays and what role the government is supposed to play. Please read this and then respond to me yea?


Do you think those people at Sears made a decent wage within the last few decades? I certainly don't.  If you want to talk about the changing envionment let's talk about Social security.  The system used to be 30 workers to 1 retiree now its under 3:1 and soon to be under 2:1.    There simply isnt enough production to keep up with growth, profit is shrinking in all but the most alchemical sectors.    Clinging to dead or dying systems is one of the biggest obstacles to our future success and re-emergence as a healthy society.    You say you are older, you have experience and wisdom.  So what is the solution?


If you knew more about how the Walmart Marketplace operates with its buggy software sellers use and how it is constantly taking down listings of item for sale, I wonder if that opinion would change. A lot of 3rd party sellers on Walmart.com are having big issues with not being able to list their inventory on the site due to Walmart constantly taking down offers of items that do not compete with Walmart, discouraging sellers from the platform.


redethmoid, excellent questions and I appreciate that.    The fact is that we do need employees in the workforce in all sectors, blue collar/white collar.  The problem is the shift in the economy and how companies are responding to it.  The corp execs only look at the bottom line especially when they are a public company(they have to impress wall street as their first priority).  So what happens when profits and growth dip?  They immediately start looking for ways to cut the budget and it's usually by firing/lay offs and/or offshore outsourcing.  It's happening daily unfortunately.    If you live in the U.S., there's no reason to be living in poverty. People are dying to get in this country because of the freedom and opportunities we have.  It's all about mindset and how you view the world.    Here's my advice. I don't know you or your background but I can feel the frustration and where your mindset is.  First, remove the negative self talk from your language.  Saying that you're broke and have no money will force the universe to leave you in that state.  Start reading books on how to improve yourself first.  Change starts with us, not outside forces.  This is real shit my friend, not just some hype talk.    Next, if you need a rat race job to make ends meet, then do it even if you have a college degree.  Drop the ego and do what you gotta do.    Find something that inspires you and you love to do and figure out how to make cash doing it.  There are so many options out there, you just have to be willing to find them and open up your mind.    I'll leave you with that for now. If you'd like to connect on social media and learn more about this topic, let me know and I'll give you my details.    Have an awesome day!  William


The post office has already been replaced with private options. Thats why it is failing and loosing billions a month. You have taken my money and have been trying to justify it this whole thread. Taxes are theft you just don't want to admit it. Taking less is still taking.


I would call and ask your insurance company.   You never know what notes or policies your insurance company might have in place.  Possibly some time ago, you took a discount for not allowing other drivers.    Safest way to know is to call and ask whose insurance would be used if a friend wrecks your car.


The best one I've found is TimeSnapper, I have the worst memory but this basically allows me to visually play back the day. It has a bunch of reporting functionality too.


Housing, eh? Housing costs are driven by salaries and land availability. Over in the Bay Area, $1500/mo for a nice 1-bedroom apartment is a good deal... but a decent software engineer with ~4 years' experience can get $120k, easily. The standard benchmark of affordability of housing is spending a third of your income on it a year: that guy can afford about $3,333/mo on housing. (If you don't fritter away the money and can keep your cost of living down and save money, you can really clean up, especially if you move elsewhere later.) So, to stop thinking about it in terms of dollar value, first try to think of it in terms of time: 33% of someone's salary or a third of their time at work going for housing is pretty nominal. Beyond that, think about it in terms of opportunity cost: If you saved that extra $20, what exactly would you use it for, and how much of that goal does it represent?


"On top of the given answers, the type of referral will also factor in. When you're up for renewal and go to a comparison site (in the UK: CompareTheMarket, MoneySupermarket, Confused, GoCompare, ... ) and struggle accurately through all their lists of questions, you see that some of the data differs (e.g., not all the same jobs can be entered; if you have had an accident, not all ask whose fault it was and/or don't leave the option ""not yet resolved"" --possibly forcing you to guess which way it will be adjudicated,-- and/or what the total repair cost was).  So as these referrers feed slightly different data to roughly the same set of insurance providers, you will get slightly different quotes on the same providers. And expect your own provider to offer a slightly better quote than you'll get in reality for renewing: The referrer's (one-time) cut has to be still taken off, but they count it as a new client so somebody gets a bonus for that --- you they disregard as a captive client and give what boils down to a loyalty penalty. [Case in point: I had an unresolved car accident, resolved months later in my favour. With all honest data including unresolved claim and its cost and putting my 'accident-free years' factor at 0 instead of 7, my old provider quoted about 8% more than the previous year on comparison sites; but my renewal papers quoted me 290% more, upon telephone enquiry the promised to refund the difference if court found in my favour though they refused to give this in writing. So: No thanks!] Then the other set of referrals they get is from you directly going to their website asking for a quote. They know what type of link you've followed (banner, or google result, etc), they may know some info from your browser's cookies (time spent where) or other tracking service, and from your data they may guess how tech-savvy and shop-wise you are, and scale your offer accordingly. [Comparison-site shoppers are lumped together at a relatively high savvy-level, of course!]. Companies breaking down your data and their own in a particular way can find advantages and hence offer you better terms, as said in the main answer (this is like Arbitration in stock exchanges, ensuring a certain amount of sanity: if there's something to exploit, somebody will, and everybody will follow). It may be that they find a certain group of people maybe more accident-prone but cheaper to deal with (more flexible in repair-times, or easy to bully in accepting shared-fault when they weren't at fault), or they want a certain client (for women, for civil servants, for sporty drivers, for homeowners --- often for cross-selling other insurance services). Or they claim to want pensioners because the company can offer them 'a familiar voice' (same account manager always contacting them) while they're easier to bamboozle and less likely to shop around when offered a rubbish deal. Also, 100% straight comparison of competing offers isn't possible as the fine details of the T&Cs (terms & conditions) would differ, as well as various little pinpricks in the claims handling process.  And depreciation of a car, and various ways of dealing with it: You insure it for the buying prices, but two years later it's worth about 40% less on paper --- so in case of total loss, replacing like-for-like will cost you still at least 80% of the value for which you've been insuring it while they'll probably offer you the 100-40= 60%. Mostly because instead of your trusted car you have something unknown that may have hidden defects, or been mistreated and about to die. [Case in point: My 3-y-old dealer-bought car's gearbox died just outside the 6month warranty period, notwithstanding its ""150-item inspection you can rely on"". In the end the national brand agreed to refund the parts (15% of what I paid for the car) but not the labour (a few hours).] And any car model's value differs (in descending order) from its ""forecourt price"", ""private selling price"", ""part exchange price"", and ""auction price"". Depending on your ompanies may happily insure you for forecourt price (=what you paid to dealer) but then point out that the value of that car is the theoretical P/X value, i.e., the car without anybody's profit, far less than you've been paying for. [Conversely, if you crash it after insuring below market value, they can pay you your stupidly low figure.]"


Starting a group home can have many benefits. The best thing about group home is that anyone can start it with the right credentials. Some surveys say that there is an urgent need for various group homes across U.S to help people in need and make the world a better place.


>If, however, they create their own service and everyone just likes it more then there's not much the US Government can do.   Unless they get to big in any of their industries and then there definitely is something the govt can do.


With regards to California, most of the fruits and vegetables found at the grocery store are actually imported from out of state and/or out of country sources.   In fact the vast majority of food grown in the state is for out of state sale and consumption and to be more exact it is for primarily for the consumption by consumers in economically growing and very hungry nations like China.


> Only one path exists by which the citizens of the low-wage country can enter the affluent one, and that path is fraught with obstacles.  Not totally true. You can get into the technology field without an education. You still need to be something of a genius, but you don't necessarily need to go to college. There is plenty of freelance programming and web development work available for anyone capable of doing the work. And when you are dealing with clients over the Internet, there is virtually no requirement other than getting the job done.   > The effects of technological change and globalization could be altered by political actions  I doubt it. Artificial intelligence is coming whether you like it or not. Also, smartphones have altered people's behavior and nothing can be done about it. The cops don't like to be filmed but they are powerless to stop it when everyone carries a smartphone with a built-in camera. The social rewards for filming anything that is going down ensures that all incidents will be recorded.


If one is looking at this from the perspective of a store where debits could be how money comes into the store's account and credit is what has to be paid out to customers, then the employee salaries would also be something going out of the account for the store.


A market crash won't affect your cash held with your broker - however if the broker defaults (goes bankrupt), you may lose some or all of that cash. If you read the customer agreement that you signed when opening the account, it's very likely that there's a clause that stipulates that under certain circumstances, the broker has the right to use your cash and/or your positions without notice. If the broker default you may not be able to recover the assets they've been using. As an example, look at clause 14 of the Interactive Brokers US customer agreement. This is a fairly standard clause. Depending on your jurisdiction, you may have a partial or full legal protection against such an event (e.g. the SIPC protection for US-based brokers which would apply to you if your broker is IB LLC, even if you are not a US resident/citizen).


Tax-advantaged accounts mean you pay less tax. You fundamentally pay less tax on IRAs and 401ks than other accounts. That's their benefit. You keep more money at the expense of the government. It makes sense for the government to limit it. If you don't understand why you pay less tax, you must consider the time value of money -- the principal now is the same value of money as the principal + earnings later. With IRAs and 401ks, you only pay income tax once: with Roth IRAs and 401ks, you pay tax on the entire amount of money once when you earn it; with pre-tax Traditional IRAs and 401ks, you pay tax on the entire amount of money once when withdraw it. However, with outside accounts, you have to pay tax more than once: you pay once when you earn it, and pay tax again on the earnings later, earnings that grew from money that was already taxed (which, when considering time value, means that the earnings have already been taxed), but is taxed again. For things like savings in a bank, it's even worse: interest (which grew from money already taxed) is taxed every year, which means some money you pay tax on n times, if you have it in there n years. If you don't understand the above, you can see with an example. We start with $1000 pre-tax wages and for simplicity will assume a flat 25% income tax rate, and a growth rate of 10% per year, and get the cash (assume it's a qualified withdrawal) in 10 years.


"Who sets the prices? Effectively the market does, like basically all openly traded things. The Greek government could well have said ""5% is as high as we will go"".  As a result, investors may not have chosen to buy the securities.  The global bond market is highly liquid, and investors who have a choice could well then choose to go elsewhere. The reasons could well be varied, but primary among them would be that investors view Greek investments as more than 5% risky.  If I can get 5% from a country that I deem less risky than from Greece, my choice is clear.  Therefore to be compensated for loaning them my money, I am expecting a return of 7% because there is the possibility that they will default. As for not selling them at all, if they could avoid issuing bonds, most governments would.  They may not have had much of a choice.  If they just print more money, that does other potentially bad things to the economy.  The government needs funds to operate, if they are not collecting enough in taxes, for example, and do not want to print money as I mentioned, then bonds are one other common way to raise cash. Notwithstanding that in your example you are referring to the interest rate, not the price, the principal is the same."


edited you's to they's and I's =)  Further, I'm not ballsy enough to go all out on this. I actually am slightly in debt buying silver. But in a hyper-inflation event credit is cheap to pay off. If one was confident enough they could hypothetically go into silver on large margin and pay it off quite easily after the hyperinflation occured. Much like what the government is doing with it's debt. At that point you are betting the government will continue doing what it is for a long while though. Just a thought.


i think keensian is right.  krudeman is wrong.   why was it anybody could get a loan from a bank to buy a house then during the bubble boom?  u telling me there were that much savings and reserve in the system?  m2 credit lead m1.  banks can create money out of nothing by writing loans.


This happened to me recently.  What became the final offer was a cash buy-out of all of our shares rather than a conversion.  The cash buy-out was higher than the company's original asking price and than the stock ever went on the market before hand.  I was extremely pleased to have held on to the stock until the end. That said, it sounds like your situation is different.  You can't necessarily time this sort of thing.  You can just make your best decision and determine to be happy with the way it all plays out.


Junk mail and direct marketing are all the PO has left. If the markets didn't think that crap worked they'd quit sending the stuff. But it does work enough to make it work the effort. It's not enough to fund the PO expenses but if the PO raises prices on their last golden calf well then maybe it won't really be worth the effort anymore. Just think of al the people who will be out of work once your policies are enacted.  Yes, junk mail means lots of discarded paper products but it also means UNION jobs. We need useless stuff to keep those people employed.


I like how companies' solution is basically to just have us work the damn register ourselves for free. Gas stations used to have people come out and pump your gas. Now that would just seem creepy and unnecessary. In 20 years, kids will think the same thing of cashiers.


The HMRC website says: Stock dividends are treated as income by virtue of CTA10/S1049, and taxable as savings income under Chapter 5 of Part 4 of ITTOIA05 (sections 409 to 414). ITTOIA05 is the Income Tax (Trading and Other Income) Act 2005, and says: 409 Charge to tax on stock dividend income (1) Income tax is charged on stock dividend income. (2) In this Chapter “stock dividend income” means the income that is treated as arising under section 410. 411 Income charged (1) Tax is charged under this Chapter on the amount of stock dividend income treated for income tax purposes as arising in the tax year. (2) That amount is the cash equivalent of the share capital on the issue of which the stock dividend income arises (see section 412), grossed up by reference to the dividend ordinary rate for the tax year.


"Whatever you did to ""set up my Bank of America account to use my mobile phone number to receive payments"", most likely registered your phone number in whatever network does the transfers, which both banks are probably a part of."


I don't believe you can do that. From the IRS: Finally, certain types of property are specifically excluded from Section 1031 treatment. Section 1031 does not apply to exchanges of: I highlighted the relevant items for emphasis.


"In regards to purchasing full coverage on your car even if you can afford to replace it, consider the hassle you have to deal with an accident that is not just the cost.  As an example, my sister's car was stolen and wrecked.  It was her problem to go recover the car on the other side of the state such that she would not be paying the storage ""fees"" imposed by the sheriff of the other county.  Had she had insurance they would have taken care of it call. Another story is that I rented a car and side swiped in the parking lot by a hit and run.  I was responsible for the minor damage.  I started down the path of paying out of pocket because it was small enough that I did not want to submit a claim.  The rental car agency started to pile on extra fees such that it was worth it to turn in a claim.  My insurance company was savvy enough to be able to dispute the extra charges.  After I submitted it to the insurance company I basically did nothing.  They took care of everything. So, in summary, when you buy full coverage on your car, it is not just a financial decision.  It is also about not having to deal with a hassle."


Might as well get your masters in bull shit.. Seriously though, if you're going to spend that long in school, might as well learn something useful.. Dedicated and motivated.. Sure, meaning you would do anything to make as much money as possible for doing as little as possible.


I live in NYC, and I think people really don't understand how expensive this area is (and how high salaries are here) compared to the rest of the country.  I think the salary projections you see online for NYC might underestimate it as well.


They key here is that Netflix isn't selling it but rather doing a promotion with the packaging. I assure you they won't be taking any money from the sale of cannabis since it's federally illegal and Netflix has very good lawyers


> Health insurers are abandoning the exchanges in droves and making huge hikes to premiums.  One of the big reasons is that [Trump has made it clear the mandate will not be enforced](https://www.washingtonpost.com/politics/trump-signs-executive-order-that-could-lift-affordable-care-acts-individual-mandate/2017/01/20/8c99e35e-df70-11e6-b2cf-b67fe3285cbc_story.html?utm_term=.11771cb5ed77).  [With no mandate, healthy people drop from the program and premiums increase](https://www.bloomberg.com/news/articles/2017-05-09/obamacare-premiums-rise-as-insurers-fret-over-law-s-shaky-future).  > It's a death spiral.  That's Republicans for you.  They obstruct and sabotage the system and then blame everyone else when the system doesn't work.


The article mentions it briefly, but this is likely a defensive patent. So much of Amazon's business comes from cross-checking or reading reviews in retail stores. I bet they just want to make sure people can still do that.


Since 1971, mortgage interest rates have never been more than .25% below current rates (3.6%).  Even restricting just to the last four years, rates have been as much as .89% higher.  Overall, we're much closer to the record low interest rate than any type of high.  We're currently at a three-year low.   Yes, we should expect interest rates to go up.  Eventually.  Maybe when that happens, bonds will fall.  It hasn't happened yet though.  In fact, there remain significant worries that the Fed has been overly aggressive in raising rates (as it was around 2008).  The Brexit side effects seem to be leaning towards an easing in monetary policy rather than a tightening.


"Discussed? The article is an amateur-ish ""discussion"" littered with swears, rampant bolding and Godwin law-esque Iran comparisons. What is his counter-proposal? What is the specific language that he takes issue with? I just read a thousand words of ""this is total bullshit and I'm so emotional right now.""  Does he realize that these proposals always start from a strong regulatory stance and drift towards the more reasonable after calling for comments and iterating?  It doesn't seem like it."


Yes, it's possible to withdraw money without penalty but you have to do it in a special way. For example you have to withdraw the same amount every year until you retire: Tapping Your IRA Penalty-Free  as for unstable economy - you can trade many instruments in your IRA. you can do bonds, mutual funds, stocks, ETFs or just keep it in cash. Some do well in bad economy.


"Fake News  there is no deficit, there is just a magnificent, beautiful, great gap between what the government earns and what it spends and by cutting taxes on the rich and adding a hidden vat we will make the poor cover the gap.  See . .no Gap  . .""Fake News"""


When it comes to different types of patches to make your club or organizationuniforms look special try custom embroidered patches. Almost all the patches indicate pride in being a member of that club or group. Near about all the patches serve as a way to identify yourself, who you are. Custom patches are also another means of stating the targets of an organization.


Presumably this house is a great deal for you for some reason if you are willing to go to great lengths such as these to acquire it. I suggest you have your father purchase the house with cash, then you purchase the house from him. You might want to discuss this with the title company, it's possible that there are some fees that they will waive if you close both sales through them in a short period of time. If the home will appraise for a higher amount than purchase, then you may be able to get a mortgage without a significant down-payment. If not, then you will need to owe your father at least the amount of the down-payment at closing time.


>The labor theories of value (LTV) are heterodox economic theories of value which argue that the value of a commodity is related to the labor needed to produce or obtain that commodity. (Wikipedia)  Note that it does not say that value is always _directly proportional_ to the labor needed, only that the labor needed is _related_ to the value. Ergo: labor does not _create_ value automatically, but value (when existing) is determined by labor, because someone will demand more for something that takes a lot of effort and/or time to create.


KB served lends itself to optimization in a bad way (serving content as large as one can get away with).  Personally I think models that work well for monetization without ads are those that start with free content and later donations (e.g. Patreon, reddit gold) or those that start with free content and ask for payment for more similar content later (e.g. first album is free but later albums by the same artist cost money). They keep the supplier honest because people can tell if the content is crap before they pay. Of course those who want to sell crappy content will resist any such model.


"Perhaps buying some internationally exchanged stock of China real-estate companies? It's never too late to enter a bubble or profit from a bubble after it bursts. As a native Chinese, my observations suggest that the bubble may exist in a few of the most populated cities of China such as Beijing, Shanghai and Shenzhen, the price doesn't seem to be much higher than expected in cities further within the mainland, such as Xi'an and Chengdu. I myself is living in Xi'an. I did a post about the urban housing cost of Xi'an at the end of last year: http://www.xianhotels.info/urban-housing-cost-of-xian-china~15 It may give you a rough idea of the pricing level. The average of 5,500 CNY per square meter (condo) hasn't fluctuated much since the posting of the entry. But you need to pay about 1,000 to 3,000 higher to get something desirable. For location, just search ""Xi'an, China"" in Google Maps. =========== I actually have no idea how you, a foreigner can safely and easily profit from this. I'll just share what I know. It's really hard to financially enter China. To prevent oversea speculative funds from freely entering and leaving China, the Admin of Forex (safe.gov.cn) has laid down a range of rigid policies regarding currency exchange. By law, any native individual, such as me, is imposed of a maximum of $50,000 that can be converted from USD to CNY or the other way around per year AND a maximum of $10,000 per day. Larger chunks of exchange must get the written consent of the Admin of Forex or it will simply not be cleared by any of the banks in China, even HSBC that's not owned by China. However, you can circumvent this limit by using the social ID of your immediate relatives when submitting exchange requests. It takes extra time and effort but viable. However, things may change drastically should China be in a forex crisis or simply war. You may not be able to withdraw USD at all from the banks in China, even with a positive balance that's your own money. My whole income stream are USD which is wired monthly from US to Bank of China. I purchased a property in the middle of last year that's worth 275,000 CNY using the funds I exchanged from USD I had earned. It's a 43.7% down payment on a mortgage loan of 20 years: http://www.mlcalc.com/#mortgage-275000-43.7-20-4.284-0-0-0.52-7-2009-year (in CNY, not USD) The current household loan rate is 6.12% across the entire China. However, because this is my first property, it is discounted by 30% to 4.284% to encourage the first house purchase. There will be no more discounts of loan rate for the 2nd property and so forth to discourage speculative stocking that drives the price high. The apartment I bought in July of 2009 can easily be sold at 300,000 now. Some of the earlier buyers have enjoyed much more appreciation than I do. To give you a rough idea, a house bought in 2006 is now evaluated 100% more, one bought in 2008 now 50% more and one bought in the beginning of 2009 now 25% more."


I am going to clone an answer from another question that I wrote ;) and refer you to an article in the Wall Street Journal that I read this morning,  What's at Stake in the Greek Vote, summarizing the likely outcome of the situation if a Euro exit looks likely after the election: ... we will see a full-fledged bank run. Greek banks would collapse ... The market exchange-rate would likely be two or three drachmas to the euro, which would double or triple the Greek price of imported goods within a few days. Prices of assets, including real-estate assets, would crumble. Those who moved their deposits abroad would be able to buy these assets cheaply, leading to a significant, regressive redistribution of Greek wealth. In short, you'd lose about two-thirds of your savings unless you were storing them somewhere safe from the conversion. The article also predicts difficulty importing goods (other nations will demand to be paid in euro, not drachma) leading to disruption of trade and various supply shortages.


"In other words, does the market have control over sale numbers or do I? You both do, just like for the bike.  You have control over the price you ask, and the buyer has control over the price they pay.  If the two do not align, no sale takes place. Your question uses the words ""sell"" and ""sale"" ambiguously.  You can decide to ask for any price you want.  You cannot actually sell anything until someone agrees to buy what you are offering."


This is dangerous as it is a typical a scam.  Trudy convinces Bob to help her avoid an ATM free or some other pretense.  She writes Bob a check for $100, but is willing to take only $80 to return the favor.  Bob agrees. Bob deposits the check, gives Trudy the $80 and then later finds out the check is bad.   In most cases Bob will not be able to find or contact Trudy.   However, in some rare cases if Trudy feels Bob is very gullible, she will do the same thing again and again as long as Bob allows.  Sometimes the amounts will increase to surprisingly high levels.


"> At the same time, you were comparing this program to courses taught by MIT and Harvard and the CFA designation. >   I was pointing out the method of instruction of these programs, not equating this program to them.   Nor was I referencing the full-time, on-campus, ""real"" master's degrees offered by MIT or Harvard, as you seem to be.  It being called a master's is probably deceptive, I'll agree with you there. It should be called a certificate, perhaps. But the US does not protect academic titles or control who can and who cannot claim to issue a master's degree. Blame that on politics."


I'd agree with you on the fed policy but ucla should definitely have professors making >> $200k.  Professors at those schools tend to be phds with several years experience and several post docs. They're literally worldwide experts there. Some of them should be worth millions to the university.


It is not so useful because you are applying it to large capital. Think about Theory of Investment Value. It says that you must find undervalued stocks with whatever ratios and metrics. Now think about the reality of a company. For example, if you are waiting KO (The Coca-Cola Company) to be undervalued for buying it, it might be a bad idea because KO is already an international well known company and KO sells its product almost everywhere...so there are not too many opportunities for growth. Even if KO ratios and metrics says it's a good time to buy because it's undervalued, people might not invest on it because KO doesn't have the same potential to grow as 10 years ago. The best chance to grow is demographics. You are better off either buying ETFs monthly for many years (10 minimum) OR find small-cap and mid-cap companies that have the potential to grow plus their ratios indicate they might be undervalued. If you want your investment to work remember this: stock price growth is nothing more than You might ask yourself. What is your investment profile? Agressive? Speculative? Income? Dividends? Capital preservation? If you want something not too risky: ETFs. And not waste too much time. If you want to get more returns, you have to take more risks: find small-cap and mid-companies that are worth. I hope I helped you!


Well people are better at understanding what other people want from them than robots are. so you have a process where people, working for people are always going to be moe flexible and better understanding of the goods to be delivered for the money than a robot is.  is similar to how you could propose, lets  replace all workers people with aspergers who have a high iq and lets say we are going to pay them a lot less than to do the same job. These people are not going to take over the job market! Its exactly the same argument as with robots. It doesnt matter how smart and tireless you are, if you have aspergers a normal worker is going to outflex you and be worth their money in a lot of ways that you arent.


"One wonders where the author thinks the monies for the generous Boomer pension payouts will come from?  And of course they utterly ignore the fact that things like 401k's and IRA's *require* that a person begin divesting (at a progressive rate) after one hits age 70-1/2.  Yes, post retirement fund sales (minus the taxes on the proceeds of course, which taxes are not to be ignored) these people COULD turn the entire remainder of those monies back around and then re-invest them back into the stock market as (non tax-deferred) retail stock purchasers ... but that is pretty unlikely to happen.  In addition, the Boomers as a generation have become accustomed to a far higher lifestyle (newer cars, larger & fancier homes, more vacations, etc) than the previous generation(s), and so -- just as with many other things where Boomers ""broke the mold"" -- relying the the data from those generations as an economic model of how much wealth retirees tend to ""cash in"" and how they spend (versus what they ""sit on"" and hoard for their heirs) may be rather foolish. (Somewhat akin to building an economic model on 20 years of data that proclaimed ""Americans don't default on their mortgages""... yeah that turned out to NOT be very wise.)  And then finally, I wonder if this author really comprehends the meaning of the phrase ""at the margin""; after all *everyone* in a neighborhood doesn't have to default on their mortgage to drive house prices down, in fact all it takes is a lack of BUYERS and prices cannot be sustained.  So, the problem with the Boomer ""en masse"" retirement is not JUST the possibility that they will ""all sell everything at the same time""; but rather that the ""demographic bulge"" will at a certain tipping point, change from buyer-hoarders, to divester-sellers, and that inevitably WILL have a major affect on the float and thus the prices of stocks... and just as inevitably, at some stage of that change, herd behavior (even *panicked* herd behavior) will take over.  It really doesn't take much to drive a stock down... nor even an entire stock market. (If the authors' wisdom were true, would we EVER have had any stock market crashes in the first place?)"


There are several reasons it is not recommended to trade stocks pre- or post-market, meaning outside of RTH (regular trading hours). Since your question is not very detailed I have to assume you trade with a time horizon of at least more than a day, meaning you do not trade intra-day. If this is true, all of the above points are a non-issue for you and a different set of points becomes important. As a general rule, using (3) is the safest regardless of what and how you trade because you get price guarantee in trade for execution guarantee. In the case of mid to longer term trading (1 week+) any of those points is viable, depending on how you want to do things, what your style is and what is the most comfortable for you. A few remarks though: (2) are market orders, so if the open is quite the ride and you are in the back of the execution queue, you can get significant slippage. (1) may require (live) data of the post-market session, which is often not easy to come by for the entire US stock universe. Depending on your physical execution method (phone, fax, online), you may lack accurate information of the post-market. If you want to execute orders based on RTH and only want to do that after hours because of personal schedule constraints, this is not really important. Personally I would always recommend (3), independent of the use case because it allows you more control over your orders and their fills. TL;DR: If you are trading long-term it does not really matter. If you go down to the intra-day level of holding time, it becomes relevant.


In comparing housing to investing in a stock market, the author claims housing is a poor investment because houses depreciate.  He's forgetting about the land component.  The improvement on the land is only a portion of the value, and it's the only part that depreciates.  In markets where the prices have risen significantly the value is largely in the land.   Land has a finite supply, which is even more evident when we are looking at land located where people actually want to live.  While strong banking controls kept Canada from suffering the same crash in the second half of the 2000's; availability of land where people actually want to live is likely responsible for a lot of the divergence between the US and Canada.  Most Canadians live within 100 kilometres of the border between the two countries; as the weather makes living more northern undesirable.  The US has lots of available land in places with a better climate than a lot of Canada.  Sure, there's some highly desirable places to live in the US where prices have skyrocketed; but the scarcity of desirable land affects all of Canada and is not going to go away.


I'm not surprised in the least bit. That is how they were able to increase revenue. Save money by avoiding the cost related to paying people at least minimum wage. When you go overseas, people are clamoring for the Americanized jobs so much that you can pay them just about anything. Companies would rather save money than reserve those jobs for the American citizens they claim to care about.


"Get some professional accounting help. You're going to have to pay for everything out of the fee you charge: taxes, retirement, health care, etc. You'll be required to pay quarterly. I don't think you should base your fee on what ""this"" company will pay as a full-time employee, but what you can expect in your area. They're saving a lot of money not going through an established employment firm and essentially, making you create your own. There are costs to setting up and maintaining a company. They have less risk hiring you because there are no unemployment consequences for letting you go.  Once you're hired, they'll probably put you on salary, so you can forget about making more money if you work over 40 hrs. IMHO - there have to be better jobs in your area than this one."


"Assuming you are Non-Resident Indian for tax purposes, this transaction is not taxable. Indian tax law doesn't qualify ""gifts"" as taxable income."


You can get the number you want pretty easily by plugging some numbers in to a mortgage calculator like this one.   Set the PMI and property tax to 0 and set your term to the duration you need.  Then plug in numbers until your payment amount equals your monthly budget.  Think of yourself as the bank in this process. I started at 1mil over 25 years and that was over my budget so went down to 800k which was under just a bit, and found that you need about 850k based on your numbers.


What I ended up doing was finding where each ticker of Novo was registered (what exchange), then individually looking up the foreign taxation rules of the containing country.  Luckily, most companies only have a few tickers so this wasn't too hard in the end.


>if you don’t have a lot of money, the presence of a sizable sum in the house or even in the bank means that you’ll be constantly tempted to dip into it.  The psychology behind statements like this are a source of amusement to me. They seem to presuppose that those who have less money are bad with it, kind of a chicken and egg issue that assumes one over the other.  It makes me think that authors, researchers and opiners have likely never felt the degree of financial insecurity that drives behaviors such as the ones being discussed.  If you don't have a lot of money, the possession of a sizable sum presents other problems, such as issues of needs and purchases that have been put off due to a lack of resources while you prioritized for survival. You put off buying the washing machine because your car needed repairs, how else were you going to be able to get to work? You can limp by using a laundromat or doing laundry at your parents' house. But you likely put off all sorts of other needs as well, and now you have to find the best way to allocate a sizable sum that likely isn't going to be enough to address all of the needs you have put off.  While you're trying to decide how to best allocate this resource, don't forget the talking heads that lecture you on the importance of an emergency fund. Disregard for a moment that when cash is such a scarce resource, any unexpectedly dire circumstance which would be best resolved by your having more of it probably constitutes an emergency.


And with their complete and utter control of the US economy via the Fed and the Treasury and banks, they can squeeze America's balls when ever they feel like and drag them into their fake wars  And America gets Taxes and loses health care and is forced to survive on food stamps, and the 1% sucks the fat of all the wealth via goobly gook financial products and rapes the economy when it goes bad.   Every American politician must first get his asshole examined by AIPAC before he can even contemplate running, yet the Jews don't even make up 1 % of the vote.  Its as if the Popular vote does not matter, its who the Jews choose . . it wasn't Russia that hacked the election, it was the Jews who rigged it and then used liddle Jew Zuckerberg to implicate the Russians.  And now we have a Jew bitch as a president who has spent his entire life in debt to the Banks and that evil gargoyle Nathanyahu perpetually perched on his shoulder braying into his ear about war and millions of dollars being spent on investigating Russian posts on Face book, and under the chaos, the Jews have started to unwind the Fed with the first $4 billion of non-existent mortgages.


> Next time you call your bank (or credit card company), ask them some pointed questions: Do you have a financial or data sharing agreement with Equifax? If so, why?       Next time you are deciding WHICH bank to use, preferably for a significant relationship (ie million dollar + loan, business relationship, etc), you ask them then.       A bank teller has no power.  If you are already a customer, they don't care.  No one gets bonuses for customer retention, bonuses are for new business.  That's when people will care about your questions.


"Matt explains the study numbers in his answer, but those are the valuation of the brand, not the value of the company or how ""rich"" the company is.   Presuming that you're asking the value of the company, the usual way for a publicly traded company to be valued is by the market capitalization (1).  Market capitalization is a fairly simple measure, basically the total value of all the shares of stock in that company. You can find the market cap for any publicly traded company on any of the usual finance sites like Google Finance or Yahoo Finance. If by rich you mean the total value of assets (assets being all property, including cash, real property, equipment, and licenses) a company owns, that information is included in a publicly traded company's quarterly SEC filing and investor releases, but isn't usually listed on the popular finance sites. An example can be seen at Duke Energy's Investor Relation Site (the same information can be found for all companies on EDGAR, the SEC's search tool).  If you open the most recent 8-K (quarterly filing), and go to page 8, you can see that they have $33B+ in assets, and a high level breakdown of those. Note that the numbers are given in millions of dollars For a privately held company this information may or may not be available and you'd have to track it down if it is available. I picked Duke Energy because it's the first thing that popped into my mind.  I have no affiliation with Duke, and I don't directly own any of their stock."


It's my understanding that the grace period is only for filing - the actual procedure/purchase must be performed CY2011 to be paid out from the 2011 FSA money, etc.


"With regard to your edit (although I didn't downvote): one way to reduce the security risk is to separate the payment from the ability to drain your account.  A considerable part of the security risk is inherent in giving people a number which is directly linked to a bank account where you keep all your money.  If you don't want that risk, don't do that.  Instead of (or in addition to) trying to reduce the chance of fraud, you can reduce the impact of fraud, even if it occurs, by not paying for things using the details of an account where you have all your money.  Trying to protect against fraud while keeping all your money in the account is sort of like carrying around thousands of dollars in cash in your wallet and then worrying about how to defend against robbery.  Yes, you can carry a weapon or hire a bodyguard, but it's probably simpler to just not carry that much money in the first place. You already mentioned one solution with your option #1, which is to just keep a small amount of money in a separate account and use that for online payments.  Assuming you can easily transfer money in and out of this account via online banking, this effectively is what you say you want in your edit: you log in to your bank online, but rather than ""informing it"" you're about to make a payment, you just transfer money in.  You'll probably have to keep a small amount of money in the account to keep it open, but if this is an important issue for you, that shouldn't be that big a deal. Another solution is a credit card.  With a credit card, you simply make the payment online.  In the US, if the merchant (or someone else stealing the info) makes fraudulent charges, the credit card company assumes the liability and the consumer suffers only the inconvenience of having to get a new card issued.  I don't know what the UK laws are regarding credit vs. debit fraud, but some sites I found seem to suggest that credit cards have fraud protection in the UK as well.  This is probably worth looking into if you are concerned about fraud."


I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Ad Industry Insiders Profited From An Ad Fraud Scheme That Researchers Say Stole Millions Of Dollars](https://np.reddit.com/r/talkbusiness/comments/781val/ad_industry_insiders_profited_from_an_ad_fraud/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)


"It depends on what your plans for the future are.. Taking out a loan is not a bad thing if it is at a good rate and under good terms and you are sure you can handle the payments. If you buy the car with cash you may be giving up the opportunity to later get a great rate on that $8k. However, you are probably not utilizing that $20k to make as much interest as you'd then be paying if you did take the $8k on loan. Since you say ""house fund"" I assume you are saving to make a down payment on a new house. If you plan to buy that house within the next 6 months the hard pulls on your credit report from applying for the car loan will probably ding your credit score for the next 6 months which might cost you on your mortgage rate. However, if you don't plan to buy for a few more years and if you've never had a car payment before then the auto loan would actually be adding diversity to your credit history and in the long run would help your score. Another factor to consider is the loan-to-value ratio you are shooting for. LTV affects the interest rate, requirements for private mortgage insurance, etc.. Mortgage rates are at an all-time low and lower than auto-rates, so depending on the terms of the house purchase that $8k might be better spent on the car than the house. In short, if you want to buy the house soon (rates are loooow, market is a buyer's market), and you need that $8k to get a better mortgage rate or prevent you from being required to buy PMI you should probably put it toward the house. Otherwise you should probably put it toward the car. Last piece of advice. If you absolutely must buy a house and a car in the same short time-frame, do them both on the same day so that your credit score is not dinged before applying for one or the other. With mortgages this may be difficult considering the longer closing procedures, but try to time it so that your credit is getting checked by the mortgage broker and the auto lender on the same day."


You should try to get an internship with the most prestigious consulting firm that does recruit from your school. Once you have that on your resume, then apply to MBB. It'll still be tough if your university isn't an MBB target school, but this is the most realistic way you'll end up with an interview @ MBB.