Right now interest rates are pretty low and as such you won't see blockbuster interest rates in anything highly liquid. That being said you're motivation is liquidity over rate of return anyway so I don't think that is a concern. Money Market funds should give you a similar return to AMEX Personal Savings. Due to their lack of a rate guarantee I wouldn't be surprised if that is simply a branded Money Market account. Your best bet is to look at what rates you can get on any short term security and park your money in the one that best suites your needs and offers the greatest return. Money Markets are simply a great way for you to keep your cash liquid while investing you in a broad range of liquid assets (diversification is key).


At the heart of this issue is an accounting disagreement that BIS has with current accounting standards.  So basically, foreign investors want to invest in lucrative American Dollar investment products but they don't want to have to buy American Dollars in order to do so because of foreign exchange risk (the risk that by the time your investment is realized, any gains are adversely effected by the change in currency values). So instead, they trade in a series of (currency) swaps that allow them to mitigate that foreign exchange risk. In doing so, they are only required by current accounting standards to record such transactions at fair value = 0, thus skipping over the balance sheet and only hitting the footnotes. BIS believes these transactions should be recorded at gross values and on the balance sheet as opposed to the footnotes.  The debt is hidden insofar as global dollar debt is calculated using liabilities on balance sheets and not the footnotes. That being said, in no way are these transactions truly hidden as (1) any good analyst values footnotes as much as the financial statements themselves and (2) exposure isn't really the same as debt.  TL:DR BIS (as reputable as they are) wants to change currently accepted accounting standards and screaming $14 TRILLION DOLLARS is their way of doing it.


"You definitely need more information. This could be a number of things. First of all I don't understand the reason for the 48 hours. I would definitely ask them to clarify why this is the case. Why are they noticing this a year later?  You are indeed a participant in the company 401k. the plan is theirs, and you are agreeing to play by their rules when you enroll. I would call HR and get more info. This could be excess contribution or a ""bank error in your favor"" that they have found. It sounds like they over matched your 401k sense they want the money back."


> Management consulting as a major?  Job.  > Would minoring in CS be good enough? or for maximum aptitude should I major in it?  IDK.  I would dual major TBH.  Minor better than nothing.  Everyone (including bankers) value engineers over straight finance degree people, because engineering is harder and those graduates typically have higher IQs.  A 3.5 gpa electrical engineer major > 3.8 gpa finance major.


You use Amazon if you use the internet. Amazon AWS controls 50% of the cloud provider market, which provides the back end and holds data for many websites, apps, and services. There's simply no avoiding feeding Amazon since they control the backend. There's also no way to totally avoid Google/Facebook internet advertising since they rake in a combined 75% of online ad spend and display ads on a plethora of services.  So you're not using Android, Chrome, Google search, Gmail, Google Photos, Youtube, Whats app, Instagram, FireTV/Chromecast, or Android Auto correct? Those all feed massive amounts of user data into the aforementioned data behemoths. I find it hard to believe you don't use Youtube since it has a near monopoly on user created video, and the alternatives to Google search are pretty inferior unfortunately.


> The second airport pet peeve of mine is everyone bumrushing the gate when your zone isn't called.  And even if they don't try to get into the gate, they will form a blockade of morons and keep people who wait patiently and follow instructions from getting through. **RAGE.**


Yeah in my city almost makes it worth applying at Target. If I have to leave this job be where I go. Most labor intense jobs here and warehouse work pays less then that. Hell Walmart starting pay more then most of these places. That is fucked.


> I have a hard time swallowing this opinion from somebody who actually thinks startups can or should get into a contract with anybody stipulating continuing employment. Nobody does that.  Are you serious? Lots of people do it. In fact, no serious professional freelancer that I know would even consider going into a back-end deal with a startup without some kind of contract in place.  Look - going into business with a start-up is not something people do every day. In fact, if you choose it as a career path, you're going to have a pretty shitty time and eat a lot of ramen.  There's lots of startups around at every time of the year. I could take on half a dozen spec projects tomorrow if I wanted to.  But this isn't how it works. You should ONLY ever get involved with a low-paid startup if you know the people involved and you believe in the project. Because there's every chance you might end up with nothing.  But one situation you CAN avoid with a little planning is the investors pulling as soon as the first few bucks roll in and leaving everyone high and dry. Getting a decent ass-covering contract in place is key to working with startups.  > Yes, you have to check your wallet and your fingers too whenever you deal with VCs but if you don't think that's the case with almost every deal you make, you are delusional.  Who even mentioned dealing with VCs? The OP and the discussion is about dealing with a start-up company. I've never seen VC investors take anything more than a cursory interest into who the founders are employing.


"Beta is the correct answer.  It is THE measure of the risk relationship of a stock with the broad market. R squared is incorrect unless you mean something very odd by ""co-efficiency.""  A stock that goes up each time the market goes down has very low co-efficiency (negative risk as you have defined it) but very high R squared.  A stock that goes the same direction as the market but twice as far (with a lot of noise) has a very low R squared but contains a lot of market risk.  A stock that always goes in the same direction as the market but only a 100th as far is very safe but has a very high R squared. You can calculate beta using ""slope"" in excel or doing a regression, but the easiest thing is just to look up the beta in yahoo finance or elsewhere.  You don't need to calculate it for yourself normally."


"I like that guy's writing style!  Yes, from a judge point of view I think they made a reasonable decision.  They throw it back on the legislature to fill in the gaps if any are to ever be filled.  The critics in /r/personalfinance are probably right that businesses will find new ways of organizing so as to avoid being scrutinized under that law. But that is the way that laws work.   If I were writing the next law, I would consider a requirement that transfer of debt have transparency to the debtor so as to give the debtor information about how much was still outstanding and how much the new ""owner"" paid for it."


For doing business it is also important to have a employer identification number which is very important for doing business in the US based companies and it is important to have a company so that the business can able to run very smoothly. With Free company formation people can able to start their business very easily and they can able to give all the services so that the business can able to run a long. Forming a corporation mainly include all the classic form which is fully separate and the from the ownership which mainly did not have any necessary thing.


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Your basic assumption is incorrect. You don't normally go to a bank to borrow money to invest, but brokerages do it all the time. It is called trading on margin.


> It wasn't one side changing the contract though.  But it was.  FTA:  > [Argentina] forced most of its creditors to take a lot less money than they had loaned to Argentina in the first place.  You can argue that Elliot's actions after that were predatory, but that doesn't make them illegal nor does it discharge Argentina from its original obligations it agreed to when it borrowed the money in the first place.


"You might consider working on getting your new employer to sponsor a 401k, there may be options where you can invest and they aren't required to add anything as a match (which gives you higher limits). If they don't match, they may just be liable for some administration fees. If you have any side business that you do, you might also be eligible for other ""self-employed"" options that have higher limits (SEP, Simple - I think they may go up to $15k) although, I'm not sure the nitty gritties of them."


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"You cannot actually buy an index in the true sense of the word.  An index is created and maintained by a company like Standard and Poor's who licenses the use of the index to firms like Vanguard.  The S&P 500 is an example of an index.  The S&P 500 ""index includes 500 leading companies"", many finical companies sell products which track to this index.  The two most popular products which track to indexes are Mutual Funds (as called Index Funds and Index Mutual Funds) and Exchange Traded Funds (as called ETFs).  Each Index Mutual Fund or ETF has an index which it tracks against, meaning they hold securities which make up a sample of the index (some indexes like bond indexes are very hard to hold everything that makes them up). Looking at the Vanguard S&P 500 Index Mutual Fund (ticker VFINX) we see that it tracks against the S&P 500 index.  Looking at its holdings we see the 500-ish stocks that it holds along with a small amount of bonds and cash to handle cash flow for people buying and sell shares.  If we look at the Vanguard S&P 500 ETF (ticker VOO) we see that it also tracks against the S&P 500 index.  Looking at its holdings we see they are very similar to the similar Index Mutual Fund. Other companies like T. Rowe Price have similar offering.  Look at the T. Rowe Price Equity Index 500 Fund (ticker PREIX) its holdings in stocks are the same as the similar Vanguard fund and like the Vanguard fund it also holds a small amount of bonds and cash to handle cash flow. The only real difference between different products which track against the same index is in the expense ratio (fees for managing the fund) and in the small differences in the execution of the funds.  For the most part execution of the funds do not really matter to most people (it has a very small effect), what matters is the expense (the fees paid to own the fund).  If we just compare the expense ratio of the Vanguard and T. Rowe Price funds we see (as of 27 Feb 2016) Vanguard has an expense ratio of 0.17% for it Index Mutual Fund and 0.05% for its ETF, while T. Rowe Price has an expense ratio of 0.27%.  These are just the fees for the funds themselves, there are also account maintenance fees (which normally go down as the amount of money you have invested at a firm go up) and in the case of ETFs execution cost (cost to trade the shares along with the difference between the bid and ask on the shares). If you are just starting out I would say going with the Index Mutual Fund would easier and most likely would cost less over-all if you are buying a small amount of shares every month.  When choosing a company look at the expense ratio on the funds and the account maintenance fees (along with the account minimals).  Vanguard is well known for having low fees and they in fact were the first to offer Index Mutual Funds. For more info on the S&P 500 index see also this Investopedia entry on the S&P 500 index. Do not worry if this is all a bit confusing it is to most people (myself included) at first."


Cash can be a lifesaver after a natural disaster. I was in central Mississippi in 2005 after Katrina. There were a few things selling for cash only (generators for one). The banks opened pretty quick (1 day) where I was; south of me it took much longer (days or weeks).


">> Are you trying to say that all the above will not help the economy and employment?  >No, but I would say that President Trump hasn't actually done any of the things you mention.  LOL!!!!!!  President Trump killed the TPP? Yes, or no?  President Trump is killing and NAFTA and actively against it? Yes, or no?  President Trump reduced immigration? Yes or no?  President Trump reduced and kill many regulations? Yes or no?  President Trump invests in infrastructure? Yes, or no?  Presider Trump pull out from Wars, e.g. the CIA program to ""support the rebels in Syria""? Yes or no?"


It depends on which temperature set you use. None of them show statistically significant warming for the last 17 years.  RSS shows almost 18 years without any warming, during a period that showed CO2 increases far above anything ever anticipated.


Something like this sort of thing happened to me but with Chase bank.  The county made a mistake on our taxes and forgot to give us the right deductions and we got a whopping high property tax bill. Since we did have an escrow account the bank just paid the taxes and raised our mortgage by a nearly unaffordable 60% or so even though we called the bank and told them not to pay the tax bill as it was being disputed. By the time we got the tax issues sorted out Chase refused to adjust the mortgage. The only way we were able to get out of it was to refinance with another bank and opt out of the escrow account and handle taxes on our own,  which fixed the whole problem. It seemed an awful lot like an attempt to force us into a foreclosure. If we didn't have the money to refinance we would have barely been able to afford the mortgage payment.  Why they would want to do that I have no idea. It really sucked though.


You may want to keep some of your change - especially your nickels.  I know George would be disappointed if I didn't point this out. :)


The idea with passive investing in ETFs is to eliminate the all important firm specific risk. I agree with him that it surely creates a herd mentality and might over/understate the fundamental prices for individual stocks. If fund managers could consistently maintain alpha, lower their 2/20, and not shutdown when they can't reach their high water mark, then maybe investors might come back to them. As it stands now, the money goes where it can get the best return with only market risk to worry about.


"Selling as well as buying a stock are part science and part art form.  I remember once selling a stock at its 52 week high too. That particular stock ""quadrupled"" in value over the next 52 weeks.  Mind you I made 50% ROI on the stock but my point is that none of us have a crystal ball on whether a particular stock will ever stop or start going up or stop or start going down. If someone had those answers they wouldn't be telling you they would be practicing them to make more money! Make up your mind what you want to make and stick by your decisions.  Bulls make money when stocks go up and Bears make money when they go down but pigs don't make money. -RobF"


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Probably. Is that jailbreak public? Not that I can see, no one has announced they've done it.  Would I recommend it? No, certainly not. Especially if you plan on driving it, I just cannot see how legally that would be wise. This isn't a phone its a 3000+LB potential death machine with a bunch of flammable Lithium packs in it.


FTFY:  Repeat after me: Monopolization can only occur when there is a *corrupt* government to limit the emergence of competitors.   How about we stop voting for the limited government idiots and start electing people who have the best interests of the American people at heart.


Some of these answers are actually wrong. Basically if you were to cash this cheque, you are committing bank fraud.  The cheque is usually fake and ends up with them cashing it off your account--this is how cheques work, when you cash a cheque, you are the one ultimately responsible for the validity of what you're cashing.  This is why large cheques are balanced against your active account--so what happens is they essentially just take money from you and leave you red handed.


Here's an easy test...   Look at the investments in your portfolio and ask yourself whether if you had the cash value, would you buy those same investments today, because effectively that is what you are doing when you continue to hold. If the answer is no, sell and pick something else. Above all else, don't react to market swings, in most cases you are going to get it wrong and wind up losing more by making emotional decisions.


Saving money for the future is a good thing. Whether spending those savings on a business venture makes sense, will depend on a few factors, including: (1) How much money you need that business to make [ie: will you be quitting your job and relying on the business for your sole income? Or will this just be a hobby you make some pocket change from?] (2) How much the money the business needs up front [some businesses, like simple web design consulting, might have effectively $0 in cash startup costs, where starting a franchise restaurant might cost you $500k-$1M on day 1] (3) How risky it is [the general stat is that something like 50% of all new businesses fail in their first year, and I think for restaurants that number is often given as 75%+] But if you don't have a business idea yet, and save for one in the future but never get that 'perfect idea', the good news is that you've saved a bunch of money that you can instead use for retirement, or whatever other financial goals you have. So it's not the saving for a new business that is risky, it's the spending. Part of good personal financial management is making financial goals, tracking your progress to those goals, and changing them as needed. In a simpler case, many people want to own their own home - this is a common financial goal, just like early retirement, or starting your own business, or paying for your kids' college education. All those goals are helped by saving money, so your job as someone mindful of personal finances, is to prioritize those goals in accordance to what is important for you.


In the UK the official rule is that a cheque is valid for 3 years from the date it was wrote. However after 3 months some banks can choose to turn them down. I had a cheque once that was a year old which is when I looked it up to see whether it was stil valid, and I found the laws regarding it then.  I was actually quite surprised it was 3 years! Btw if it does bounce your quite entitled to ask your employer for a replacement cheque.  They owe it you and it's just sat in their account assigned to you anyway.


I'm not saying I'm so sure as to start shorting tech stocks (with market volatility what it is nowadays, you could lose money because bankers got a bailout and everything went up irrespective of its actual earnings).  But I'm so sure as to say that selling any stock you've got in small tech companies and avoiding investing in start-ups is probably a good idea.


"Sometimes you need to do more than ask to have your rating reduced.  You need to make it in their best interest (no pun intended) to do it. Find the lowest rate card and then tell the others you want to transfer your balance to that card and close the account (don't do it, it is an empty threat). I guarantee they will transfer you to a retention agent who will give you a better deal.  From their perspective your current offer is getting 19% interest instead of 22%, why would they do that without some motivation? With the approach described above their options are get 19% interest instead of 0% interest. It is all about negotiation and the ""Retention agents"" have the most leverage to do so."


I mean, look at how he reacts to deaths caused by muslims/immigrants vs his reaction to this incident. He speaks off the cuff with respect to Korean nuclear weapons/muslims yet carefully chooses his words precisely to avoid condemning bigots. Almost seems like someone else is pulling the strings here this time. You have to be kind of an idiot/trump fanatic to not see whats happening here.  Also, look at how he talks about the victims of muslim attacks/mexican immigrants vs the lady that died here.  Eventually, amid immense pressure he comes out and condems racism/bigotry and then minutes later goes on to complain about how despite doing that he doesn't get any credit for it. Only this manchild can somehow turn this all around to making him the victim.


Keep in mind there are a couple of points to ponder here: Rates are really low. With rates being so low, unless there is deflation, it is pretty easy to see even moderate inflation of 1-2% being enough to eat the yield completely which would be why the returns are negative. Inflation is still relatively contained. With inflation low, there is no reason for the central banks to raise rates which would give new bonds a better rate. Thus, this changes in CPI are still in the range where central banks want to be stimulative with their policy which means rates are low which if lower than inflation rates would give a negative real return which would be seen as a way to trigger more spending since putting the money into treasury debt will lose money to inflation in terms of purchasing power. A good question to ponder is has this happened before in the history of the world and what could we learn from that point in time. The idea for investors would be to find alternative holdings for their cash and bonds if they want to beat inflation though there are some inflation-indexed bonds that aren't likely appearing in the chart that could also be something to add to the picture here.


Yes of you are right limited resources and unlimited wants is why we have economics. In retrospect I should have been more precise.  Resources/energy/space make it so there is a finite amount of work to do in a given time period, my point was that luddites often see work as static, in the foreseeable future as you said unemployment wont be a result of insufficient resources.


I would not recommend using your own money to pay off something that is not a strong asset. Use the savings where it will have the maximum return. Why not put (some of) the savings into another investment mortgage? Thanks to the leverage your return would be much higher than 5.5%, plus you would have more income.


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"China's regulators, it seems, are on the attack. Guo Shuqing, chairman of the China Banking Regulatory Commission, announced recently that he'd resign if he wasn't able to discipline the banking system. Under his leadership, the CBRC is stepping up scrutiny of the role of trust companies and other financial institutions in helping China's banks circumvent lending restrictions.  The People's Bank of China has also been on the offensive. It has recently raised the cost of liquidity, attacked riskier funding structures among smaller banks, and discontinued a program that effectively monetized one-fifth of last year's increase in lending.  Are the regulators finally getting serious about reining in credit creation? The answer is an easy one: Yes if they're willing to allow economic growth to slow substantially, probably to 3 percent or less, and no if they aren't.    inRead invented by Teads  This is because there's a big difference between China's sustainable growth rate, based on rising demand driven by household consumption and productive investment, and its actual GDP growth rate, which is boosted by massive lending to fund investment projects that are driven by the need to generate economic activity and employment.  Economists find it very difficult to formally acknowledge the difference between the two rates, and many don't even seem to recognize that it exists. Yet this only shows how confused economists are about gross domestic product more generally. The confusion arises because a country's GDP is not a measure of the value of goods and services it creates but rather a measure of economic activity. In a market economy, investment must create enough additional productive capacity to justify the expenditure. If it doesn't, it must be written down to its true economic value. This is why GDP is a reasonable proxy in a market economy for the value of goods and services produced.  But in a command economy, investment can be driven by factors other than the need to increase productivity, such as boosting employment or local tax revenue. What's more, loss-making investments can be carried for decades before they're amortized, and insolvency can be ignored. This means that GDP growth can overstate value creation for decades.  That's what has happened in China. In the first quarter of 2017, China added debt equal to more than 40 percentage points of GDP -- an amount that has been growing year after year. In 2011, the World Economic Forum predicted that China's debt would increase by a worrying $20 trillion by 2020. By 2016, it had already increased by $22 trillion, according to the most conservative estimates, and at current rates it will increase by as much as $50 trillion by 2020. These numbers probably understate the reality.  If all this debt hasn't boosted China's GDP growth to substantially more than its potential growth rate, then what was the point? And why has it proven so difficult for the government to rein it in? It has promised to do so since 2012, yet credit growth has only accelerated, reaching some of the highest levels ever seen for a developing country.  The answer is that credit creation had to accelerate to boost GDP growth above the growth rate of productive capacity. Much, if not most, of China's 6.5 percent GDP growth is simply an artificial boost in economic activity with no commensurate increase in the capacity to create goods and services. It must be fully reversed once credit stops growing. To make matters worse, if high debt levels generate financial distress costs for the economy -- as already seems to be happening -- the amount that must be reversed will substantially exceed the original boost.  Once credit is under control, China will have lower but healthier GDP growth rates. If the economy rebalances, most Chinese might not even notice: It would require that household income -- which has grown much more slowly than GDP for nearly three decades -- now grow faster, so that the sharp slowdown in economic growth won't be matched by an equivalent slowdown in wage growth.  Clear thinking from leading voices in business, economics, politics, foreign affairs, culture, and more. Share the View  Enter your email  Sign Up But to manage this rebalancing requires substantial transfers of wealth from local governments to ordinary households to boost consumption. This is why China hasn't been able to control credit growth in the past. The central government has had to fight off provincial ""vested interests,"" who oppose any substantial transfer of wealth. Without these transfers, slower GDP growth would mean higher unemployment.  Whether regulators can succeed in reining in credit creation this time is ultimately a political question, and depends on the central government's ability to force through necessary reforms. Until then, as long as China has the debt capacity, GDP growth rates will remain high. But to see that as healthy is to miss the point completely."


"The following is only an overview and does not contain all of the in-depth reasons why you should look more deeply. When you look at a stock's financials in depth you are looking for warning signs. These may warn of many things but one important thing to look for is ratio  and growth rate manipulation. Using several different accounting methods it is possible to make a final report reflect a PE ratio (or any other ratio) that is inconsistent with the realities of the company's position. Earnings manipulation (in the way that Enron in particular manipulated them) is more widespread than you might think as ""earnings smoothing"" is a common way of keeping earnings in line (or smooth) in a recession or a boom. The reason that PE ratio looks so good could well be because professional investors have avoided the stock as there appear to be ""interesting"" (but legal) accounting decisions that are of concern. Another issue that you don't consider is growth. earnings may look good in the current reporting period but may have been stagnant or falling when considered over multiple periods. The low price may indicate falling revenues, earnings and market share that you would not be aware of when taking only your criteria into account. Understanding a firm will also give you an insight into how future news might affect the company. If the company has a lot of debt and market interest rates rise or fall how will that effect their debt, if another company brings out a competing product next week how will it effect the company? How will it effect their bottom line? How much do they rely on a single product line? How likely is it that their flagship product will become obsolete? How would that effect the company? Looking deeply into a company's financial statements will allow you to see any issues in their accounting practices and give you a feel for how they are preforming over time, it will also let you look into their cost of capital and investment decisions. Looking deeply into their products, company structure and how news will effect them will give you an understanding of potential issues that could threaten your investment before they occur. When looking for value you shouldn't just look at part of the value of the company; you wouldn't just look at sales of a single T-shirt range at Wallmart when deciding whether to invest in them. It is exactly the same argument for why you should look at the whole of the company's state when choosing to invest rather than a few small metrics."


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"Look for jobs you can do PRN - pro re nada or ""as the need arises.""  Basically very part-time work, where you are free to decide whether or not you want to work given shift offered.  It's pretty common in medicine and in education.  If you want to work a whole week, you probably can!  If you don't, they just call the next person on the list.  Obviously you'll need some extra education, but I'm assuming that isn't a problem.  Beyond that, as far as 'leisure' pursuits - try to write a book!  Fiction, nonfiction, doesn't matter.  You'll suck at that for long enough to take up a few years of your life :).  You could get a pilot's license - also pretty time intensive, and could lead to some interesting part-time gigs as a charter pilot down the line.  General kind of tour guide/leisure activity instructor work seems to be very rewarding.  I'm active in my local motorcycling community, and I've never met an instructor who didn't love his job.  MSF instructor is a 12 hour per week gig.  Good luck!"


For long periods of time a short ETF's performance will not match the negative of the long ETF, e.g. funding costs and the fact that they 'only' match daily returns will result in a suboptimal performance.   If possible use other derivatives like a put on a long gold etf (fgriglesnickerseven)


"No, Tesla does not want the papers to suggest that their guidance is some ~40k higher than it will be, before they've actually announced it.  Especially considering Elon said ""probably about 60k"" on the call, *and* they were clear both on the call and in the letter that 100k would be the end-of-year run rate, and not the total deliveries."


Honestly, I got to say this. It's based on your knowledge and how you portray yourself.   My friend is a finance major and doesn't know jack shit.   All these people discussing what is a good major etc. How about you wow these people with your resume of experiences that show you know your stuff whether its in economics or finance?   My econ degree allowed me to take a lot of finance classes and that's what I did. I geared my degree to classes that circled around investing. No investment classes were offered IMO so I just independently studied that on my own and took all the academic spheres and applied it to the real world.   Even business classes. Why not start your own small business somehow? That's way better experience than the project management class I took where we fucking had a final project to see who could build the biggest marsh mellow tower with sticks in a team. I got a B in that class because I will admit I really didn't put time into it as I saw it as bullshit. I did however, double my parent's family business by using lessons learned from academics.   So which is better? Its all good IMO, but what your capacity is what I would be more interested in as a employer which you can show through you experience.


"standard NFC-for-payments ... reads a straight copy of the card details ... does not generate any one-time-use card number ... does not employ any over-the-air encryption or even a challenge-response system [?] The normal contactless payment process does involve transaction-specific cryptographic-signatures.  However what process is used depends on the vendor equipment and the scheme (Visa, Mastercard, Amex, ...) A ""Magstripe mode"", if supported, allows the card number and expiry date to be read. There is a good description at Level2Kernel which covers ""Magnetic Stripe Mode"" and ""EMV Mode"" etc for each scheme (Mastercard, Visa etc do things differently). MasterCard Contactless MasterCard transactions can be performed in either EMV mode or Mag-Stripe mode. After Entry Point has initiated a transaction the MasterCard Kernel issues a Get Processing Options command. In the response from the card a data object called the Application Interchange Profile (AIP) determines whether the transaction will continue in either EMV Mode or Mag-Stripe Mode. The AIP also determines if “On-device cardholder verification” (CDCVM) is supported. EMV Mode (M/Chip) The commands exchanged with the card for EMV Mode closely resemble those used for an EMV contact transaction, with Read Record commands being used to retrieve all the card data, followed by a Generate Application Cryptogram (GENAC) request to obtain a unique, transaction-specific, cryptogram from the card. Once all of these exchanges have been completed, the card can be removed from the RF field. However, unlike for contact transactions, not all the transaction processing occurs before the card exchanges have been completed. This is to optimise the contactless transaction performance by reducing the amount of time the card is required to remain in the RF field. (my emphasis) According to VISA UK Our technology uses the chip on your card to generate unique cryptograms (that’s techie speak for a type of puzzle that consists of a short piece of encrypted or encoded text) and digital signatures to protect your payments. Digital signatures are like handwritten signatures in some ways – but they are much more difficult to forge. (my emphasis) According to the UK Card Association Rumour: A fraudster can steal my details from my contactless card. Fact: You have to be extremely close to someone for their gadget to be able to read your card - and even then all they would ever get is the card number and expiry date. That’s the same information you see by simply looking at the front of any card.There’s no way anyone can get the security code on the back of the card, your name and address, or bank account details. The vast majority of online retailers require additional details like these and others to make a purchase. However, according to a Guardian newspaper report of 2015-07-25: Researchers bought cheap, widely available card scanners from a mainstream website to see if they could “steal” key details from a contactless card. They tested 10 different credit and debit cards, that were meant to be coded to “mask” personal data, and were able to read crucial data that was meant to be hidden. It then went shopping with the information it had obtained and was able to successfully place orders for items including a £3,000 television set. So yes, even in the civilized world, our security is undermined by a combination of: How does Apple Pay work? See Apple Pay Must Be Using the Mag-Stripe Mode of the EMV Contactless Specifications Clearly, Apple Pay must following the EMV contactless specifications of books C-2, C-3 and C-4 for MasterCard, Visa and American Express transactions respectively. More specifically, it must be following what I called above the “mobile phone profile” of the contactless specifications. It must be implementing the contactless mag-stripe mode, since magnetic stripe infrastructure is still prevalent in the US. It may or may not be implementing contactless EMV mode today, but will probably implement it in the future as the infrastructure for supporting payments with contact cards is phased in over the next year in the US."


Any time you are optimizing a portfolio, the right horizon to use for computing the statistics you will use for optimization (expected return, covariance, etc.) will be the same as your rebalance/trading frequency.  If you expect your trading strategy to trade once a day, you should use daily data for optimization.  Ditto for monthly or quarterly.  If at all possible you should use statistics across the board that are computed at the same frequency as your trading. Regarding currency pricing, I see no reason you can't take the reported prices and convert them to whatever currency you want using that day's foriegn exchange rate.  Foreign exchange rates are available for free at the Fed and elsewhere.  Converting prices from one currency to another is not rocket science. Since you are contemplating putting actual money behind this, note that using data to compute statistics is less reliable for lower statistical moments.  The mean (expected return) is the first moment, so using historical returns is extremely unreliable at predicting future returns.  The variances and covariances are second moments, they are better.  Skewness and kurtosis, yet better.  The fact that the expected return can't reliably be estimated from past returns is the major downfall of the Markowitz method (resulting portfolios are often very crazy and will depend critically on the data period you use to set them up).   There are approaches to fixing this, such as Black-Litterman's (1992) method, but they get complicated fast.


I think all taxes are theft, no matter who they come from.  Again, you haven't really substantiated any claim about your financial situation. Did you know I'm a black belt in Karate and was trained by Shaolin Warriors in the mountains ? I also am a billionaire single bachelor living on an island I bought in the Pacific Ocean.  I also love how you think bringing in the type of business you are supposedly a part of and taxes makes it any more legit. I majored in finance, you don't need to explain to me what an S-Corp is.  Additionally, I'm sure someone of your financial stature would have enough time to go on Reddit.  But fine, let's have this argument.  What does the private sector do better than the government.  Healthcare Roads/Utilities/Other Construction Security/Police Retail Technology/IT Finance/Banking Law/Contract Arbitration Automotive This list could go on forever.  Literally take your pick and we can begin  And yes, even people who advocate only higher taxes for the rich will end up with higher taxes for me (I.e. Bernie Sanders)


Reading stuff like this makes me want to go into the debt collection business. Just send letters to random people demanding money. Sounds like an easy way to make a living. What's your name and address? Just kidding. If they are sending stuff to a Virginia PO Box, close the box with no forwarding address and consider it case closed. If they are targetting you personally in New Hampshire, the best thing to do is to sue proactively before it goes to collection. New Hampshire has strict anti-debt-collection laws. Basically, what you do is go to small claims court and fill out a one-page form. Sue them for $2000, $3000 or whatever is convenient. Do not hire a lawyer. You can do this in 2 hours of your own time. Your grounds are: (1) Violation of the creditor of NH FDCA laws. According to the laws the creditor has to put all kinds of specific stuff in their threat letters. Since they are not doing this, they have violated NH FDCA. Read the FDCA so you know which specific items they are violating. (2) Extortion. Since you do not owe them any money, demanding money from you is extortion which is both criminally and civilly actionable. You sue them for mental anguish due to extortion.  The validity of your claims is irrelevant. You just need to get them in court. There are two possibilities: (A) They fail to show up. In this case you win and they owe you $3000 or whatever. Not only that if they later try to collect from you send a copy of the judgement to the credit bureau or collector or whatever and that is proof you owe them no money. (B) They hire some stooge local lawyer who appears. Accept the court's offer for arbitration. When you go into arbitration with the lawyer tell him you will drop the lawsuit if they send you a check for $500 and a hand-written guarantee from him that you will never hear from his client again. Either way, you come out ahead. By the way, it is absolutely guaranteed that the enemy lawyer will accept your offer in (B) above because the SEO company is already paying him $5000 to show up to answer your lawsuit, and the lawyer does not want to hang around all morning in court waiting for the case to be heard. If he can get out of there in half an hour for only $500 he will do it. -------------------------------UPDATE If all you are getting is calls and the caller refuses to identify themself, then it is definitely an illegal scam. It is illegal in New Hampshire to make collection calls and refuse to full identify who is calling. The phone company has methods for dealing with illegal calls. First you have to file a police report. Then you call Verizon Security at 1-800-518-5507 (or whatever your phone company is). They will trace the call and identify the caller. They you can make a criminal complaint in their jurisdiction unless the call is from Pakistan or something.


Eh, a corporation owned in part by the person who directed the corporation to file for bankrupcy after the corporation lost a legal challenge, doesn't really mean much.  Corporations exist to protect shareholders for exactly this reason.  Sounds like this Bill Zanker person got hurt by the bankruptcy filing the most not Kiyosaki.


LLC doesn't explain the tax structure. LLCs can file as a partnership (1065) Scorp (1120S) or nothing at all, if it's a SMLLC. (Single Member LLC). I really enjoy business, and helping people get started. If you PM me your contact information, id be more than happy to go over any issues you may have, and help you with your current issue.


Noise reduction is another benefit of installing Plantation Shutters. Solid metallic nature of roller shutters keeps out the noise making your home a quiet space where you can relax and enjoy time with the family. They also afford a great deal of privacy from nosy neighbours and keep your valuables safe from the roving eye of thieves.For the best results, roller shutters must be manufactured and installed by professionals.


Actually banks aren't required to (and don't) report on 8300 because they already report $10k+ cash transactions to FinCEN as a Currency Transaction Report (CTR), which is substantively similar; see the first item under Exceptions in the second column of page 3 of the actual form. Yes, 8300 is for businesses, that's why the form title is '... Received In A Trade Or Business'.  You did not receive the money as part of a trade or business, and it's not taxable income to you, so you aren't required to report receiving it. Your tenses are unclear, but assuming you haven't deposited yet, when you do the bank will confirm your identity and file their CTR. It is extremely unlikely the government will investigate you for a single transaction close to $10k -- they're after whales and killer sharks, not minnows (metaphorically) -- but if they do, when they do, you simply explain where the money came from. The IRS abuses were with respect to people (mostly small businesses) that made numerous cash deposits slightly under $10k, which can be (but in the abuse cases actually was not) an attempt to avoid reporting, which is called 'structuring'. As long as you cooperate with the bank's required reporting and don't avoid it, you are fine.


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Opening capital = opening assests-opening liabilities


"This is the best tl;dr I could make, [original](http://bendominguez.com/blog/do-immigrants-reduce-wages-if-youre-a-native-probably-not/) reduced by 95%. (I'm a bot) ***** > The logic here is that if natives are more likely to be in certain markets, and immigrants in others, it&#039;s worth studying whether those immigrants can still lower native wages.  > Immigrants tend to have a weaker command of the English language, so the range of potential things a native could do in the same market are much broader.  > We favor these types of immigrants because they bring a lot of value to our economy, and we disfavor low-skill immigrants because we see them as competing against Americans who are most in need.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6tssvo/do_immigrants_reduce_native_wages_probably_not/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~191123 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **immigrant**^#1 **native**^#2 **wage**^#3 **work**^#4 **immigration**^#5"


You might check out Thrive. They're almost a carbon copy of Mint from the last I checked, but with some additional and (I think) more useful metrics. For instance, they seemed to help more to plan for future expenses in addition to keeping tabs on individual budgets the way Mint does. Everything is automated in the same way as Mint, though I'm not sure their breadth is as far-reaching now since Mint was bought out by Intuit. Nevertheless, whenever I've had a question on Thrive, I shoot it to the devs and I get a very personal and courteous response within the day. So it depends on what you're looking for: Mint can almost guarantee any US bank will be accessible through their site, however Thrive will work much harder to gain your favor.


I had a chat with a coworker whose spouse also teaches music lessons. One interesting insight was that after raising prices, the children were much more likely to come prepared because the parents felt more invested when it cost them more. They were also less likely to cancel the lessons at the last minute. This is an argument in favor of TTT's suggestion to charge something even if we donate the income to charity. Along those lines it might also make sense to give discounts if the child comes prepared having practiced daily.  I agree that it's not a lot of paperwork for some additional pay, the problem is that I would also be tempted to buy a new piano and find other expenses to reduce the income. That's a discussion for another day.  I think the break-even point is probably somewhere around $1000/year when I weigh record-keeping time verses the income. So as long as we exceed that, I will probably encourage her to charge for the lessons even if she charges below the market for them. I will consider setting up a charitable giving account that they can pay to instead of paying us directly.


If you read the link that MD-Tech provided, it actually indicates that the foreign companies (mostly banks) are choosing not to work with the United States in their latest answer, so it looks like it's not OkPay, but the financial companies that they use. On further research, the reason that this is banned is to prevent capital flight in the future.  OkPay offers may ways to transfer funds in and out, such as traditional credit cards, like VISA and MasterCard, and other non-traditional ways, such as crypto-coins.   Here is another example of how the US government is limiting what US consumers can do with their money.  Apparently while no one was looking in 2010, they were able to pass some new restrictions.


We just declared bankruptcy, chapter 13, paying back all debtors over a 5 year period, 7% interest, no fees, no penalties, 100% payback.  Every one of our debtors was required to submit proofs of claim to the court, and those that did are getting everything that is owed to them.  Those that did not provide proofs of claim get nothing.  The bankruptcy finalized today (12/12/2011) and so far about $10k worth of debt has been disallowed by the court for their failure to provide proof.  The relief, both financially and emotionally has been tremendous.


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Ashland Global Holdings Inc. (ASH) sold off their ownership in Valvoline Inc. (VVV).  Friday, May 12 was the distribution date of the sale; at the end of the day, every stockholder of ASH received 2.745338 shares of VVV stock for each share of ASH held.  That is why the value of ASH has dropped significantly on open this morning. Sources:


Between this and the FBI raid of the Yeshiva school getting a $1.2 million dollar grant for computers (When their children are forbidden from using them). Their incessant drive trying to get homeowner's in Tom River to close all cash so they can move in, their disgusting attitude towards women (not being able to sit next to a woman on El Al airlines), their pedophilic elders who molest children in bathhouses in Brooklyn, the East Ramapo school district takeover and their isolationism towards members of other community that they live beside, these types disgust me. It's not anti-Semitic, it's fuck these people in particular.   Extremism of any religion is terrible.


"> ...those cross-party votes weren't going to change the result, unlike in your examples.  You make a fair case but I still don't agree this is justification for McConnell's inaction.  > If they had somehow, someway, gotten even a tiny bit of Republican buy-in, we'd be having the debate about fixing and not replacinng.  You do know Democrats and Obama worked their asses off to get that?  [Republican leadership put tremendous pressure on members to deny Obama a victory and to make the bill seem partisan](https://newrepublic.com/article/72052/the-republican-health-care-blunder).  Do you remember [the health care summits held by Obama to ask what it would take for Republican support](https://www.c-span.org/video/?292260-1/white-house-health-care-summit-part-1) and the only thing the Republicans offered was ""scrap it all""?  Is there anything else that you think Democrats doubled down on?  > ...it's exactly that poisonous climate I'm so opposed to, and want to see diminished.  I applaud your goals."


As you already mentioned, a traditional 401K is tax-deferred, so you don't pay any taxes on the money in the account until you retire.  A Roth 401K has already been taxed, so you don't pay taxes on withdrawal (assuming you withdrawal after 59 1/2 years of age) The Roth 401K is advantageous if you believe you'll be in a higher tax bracket than you are currently. This applies more so if you're out of school and your income is relatively small, but you think in 10-15 years you'll be making enough money to fall into the next tax bracket.  In essence, you can use a Roth 401K as a way of diversifying your retirement money across different tax structures. References: http://www.investopedia.com/terms/r/roth401k.asp http://www.marketwatch.com/story/is-a-roth-ira-better-than-a-roth-401k-2014-03-21


There's obviously a lot of discussion surrounding your question, but if I thought a bank was going under, then yes, absolutely I would withdraw my money. Now, we can debate whether me thinking the bank was going under was foolish or not, but if I truly believed it, I can't see why I would sit around and do nothing.


"Generally, ACH transfers are not considered direct deposits. However, you can pay for this service to various providers, and they will do the transfer so that it would be marked as a direct deposit. For example, Wells Fargo allows doing it using their ""DirectPay"" system. I happen to have a WF business account (free with conditions) where this service is available, but there are plenty of providers. It does cost money (for WF - $10 monthly fee + $0.50 for a transfer to non-WF account), but it may be worth it for you if the benefit is large enough."


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"You do realize the financial state of most older airliners, or the top guys has dramatically decreased since 2001. In fact many are on the verge of collapsing all together, American took a 3-4% drop to their overall gains this last quarter. The security measures have in itself added another problem to the entire air industry and just created a larger stigma as to why flying in US airports is bollocks.    If you think the US state department asked the airlines anything, you must be a little off on your politics. Anything NSA has their hands on won't ever ask cooperating parties what they think. Which again has been a dramatic reason as to why so many ""security"" orientated implementations since 2001 have been nothing but an extreme drain on already wobbly financial situations.   This tax could be the straw that breaks the camels back and some airliners may fold under or just stop going to those locations and charge more for international flights."


"This is the best tl;dr I could make, [original](https://www.cnbc.com/2017/10/04/tillerson-called-trump-a-moron-says-report.html) reduced by 59%. (I'm a bot) ***** > Secretary of State Rex Tillerson openly referred to President Donald Trump as a &quot;Moron&quot; after a July 20 meeting at the Pentagon, according to NBC News, citing multiple senior administration officials.  > &quot;I told Rex Tillerson, our wonderful Secretary of State, that he is wasting his time trying to negotiate with Little Rocket Man...,&quot; Trump said in a tweet.  > In its report, NBC said Tillerson&#039;s top State Department spokesman, R.C. Hammond, denied that the secretary had considered quitting this summer and denied that Tillerson called Trump a &quot;Moron.""   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/748mto/tillerson_reportedly_described_trump_as_a_moron/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~221883 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **Tillerson**^#1 **Trump**^#2 **State**^#3 **Secretary**^#4 **officials**^#5"


First, on-line you mostly and vastly buy things that don't need to be tried first to see if they fit. Even in clothing, casual shirts, jeans, socks, underwear and shoes don't need to be tried first.  As for shipping costs, not if you are Amazon prime, and if you pay for shipping, it's cheaper than driving your car to the store and possibly paying for parking. Not to mention that time = money.  It's the old retailers fault too: very basic selection of only items that sell for high margin and always issues with inventory. **I lost count of how many times I went to a store and they did not have the shirt or pants I wanted in the size I wanted.**


Orange and green leafy vegetables provide beta - carotene, which the body converts to vitamin A protein foods. Half of a sweet potato or a large carrot provides the recommended daily allowance. If you don’t eat healthy, you probably need to take supplements.


>if I loan you $500 a night every night for 5 days and those loans allow you to earn $100 totally risk free how much have I loaned you? Does it even matter, because the end of result is I essentially gave you $100.  A bank lends me $10k to start a business.  I eventually make $5 million dollars with my business.  How much was my loan?  DOESN'T MATTER, THE BANK GAVE ME $5 MILLION.


Well that is one opinion on the CFA.  My opinion is that if you havent read any finance text books for a year, you probably aren't going to be too sharp on various topics during the interviews.  The CFA offers a way to keep your knowledge sharp.  I also got more interviews in the 3 months since I started studying for the CFA and listing that on resume then in the 6 months before hand, so it certainly helped me atleast get my foot in the door.  And I disagree that I am not trying hard enough.  I am certainly trying pretty fucking hard.  My post here is about trying to find a better more efficient route since merely trying hard is not a sufficient condition for getting a job.


I'd roll them all into one account, just for your own convenience.  It's a pain to keep track of lots of different accounts, esp. since you need logins/passwords, etc for all of them, and we all have plenty of those.  :) Pick a place like Vanguard or Fidelity (for example), where you can find investment options with lower fees, and do the standard rollover.  Once all the accounts are rolled into one, you can think about how to invest the stuff.  (Some good investments require larger minimums, so if you have several old 401ks, putting them together will give you more options.) Rolling them over is not hard, if you have paperwork from each of the 401ks.  You might be able to DIY online, but I found it helpful to call and talk to a person when I did this.  You just need account numbers, etc.  If you are moving brokerage accounts, you may need to provide paper documents/applications, which might require getting them notarized (I found a notary at my bank, even though the accounts I was moving from and to weren't at my bank), which means you'll need to provide IDs, etc. and get a special crimped seal after the notary witnesses your signature.


This one. Change it to something you can remember but is still not similar to any of your other passwords, because they still may have access. Actually, you should probably just start using different passwords for every site you use, LinkedIn has 100 million customers and they aren't salting? It means you can't trust any company right now.


actually there is a surprising amount of libertarian politics i do agree with;  i even  think most of Ron Paul's criticisms are valid  - i just disagree with almost all of his solutions.  They're politically and economically  untenable.    Did you mean comments like my first comment or like my second?  My first was inflammatory, sure.  But if Paul actually has a plan in place for how we'll make do without the FAA, which his budget eliminates without further note, along with most cabinet departments and a host of other organizations, I am eager to hear it.


"Salut, c'est Vincent. La recherche d'efficacité couplée à l'esprit de compétition est la pire des choses qui puisse exister. Et pourtant c'est ce que nous apprenons à l'école, et de nos parents... En fait tu dois comprendre que cette manière de penser est le pilier principal du fonctionnement de notre économie. Tout le monde veut toujours plus et de plus en plus vite. Il te suffit de regarder comment ton patron se comporte lol ! Or il y a moyen de ""renverser la vapeur"", de faire autrement. Il y a moyen de faire autrement et d'une façon beaucoup plus respectueuse. Une façon respectueuse pour toi, pour les autres, pour tout le monde. C'est le concept de l'économie de partage. C'est à cette économie de partage que je t'introduis ici ! N'hésite pas à me contacter pour participer activement à cette économie de partage et recevoir ce à quoi tu as toujours eu droit. vincentmusschoot@gmail.com Skype ID: vi_mu_1 http://vincentmusschoot.com"


"First of all, just for the sake of clarity, the Federal Reserve doesn't actually ""print"" money - that's the job of the BEP. What they do is they buy US Treasury bonds - i.e., loan money to the US government. The money they do it with are created ""from thin air"" - just by adding some numbers in certain accounts, thus it is described as ""printing money"". The US government then spends the money however it wishes to. The idea is that this money is injected into the economy - since the only way the US government can use the money from these loans is to spend them on buying something or give it to some people that would spend them.  As it is a loan, sometime in the future the US government would pay these loans back, and in this moment the Fed would decide - if they want to ""contract"" the supply of money back, they just ""destroy"" the money they've got, by erasing the numbers they created before. They could also do it by selling the bonds they hold on the open market and then again ""destroy"" the money they got as proceeds, thus lowering the amount of money existing in the economy. This way the Fed can control how much money is out there and thus supposedly influence inflation and economic activity.  The Fed could also inject money in the economy by buying any assets after creating the money - for example, right now they own about a trillion dollars worth of various mortgage-based securities. But since buying specific security would probably give unfair advantage to the issuers and owners of this security, usually US treasury bonds if what they buy. The side effect of increased supply of money denominated in dollars would be, as you noted, devaluation of dollars compared to other currencies."


Speaking as someone who manages their own HR for their small office business and has been through this before and knows full well the additional work involved from everyone, you'd be a proper dick if you let that influence your decisions.   Yes I know it's difficult, but these are valued members of the team, human beings to boot, and I'll happily do the extra work. It's all part of being human. I know I could make it easy on myself and just hire men, but from a moral standpoint that's repugnant and I'd never bring myself to do that.   Plus, prior planning for these eventualities makes it smoother. Not seamless, but not a massive shock either.


Just skimmed the article, but any mention of Uber/Lyft's role in this?  I've gotten so many rides in relatively newish Chrystler 200s , and always wondered why anyone would every buy one since it's consistently ranked last in the mid-priced sedan market in almost every metric.  My gut feeling when I read the headline is all those Uber/Lyft drivers who bought a brand new car to start driving left and ending up having to default on the car.


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"The opposite of a cost is an investment. Buying a car is an expense, usually a sunk cost, whereas purchasing real-estate, e.g. productive farmland, is an investment. (Some investments are wasting assets, as the value decreases over time, but they are still investments with market value, not costs.) ""Sunk cost"" isn't a fallacy. It just means an expenditure that one cannot expect to recoup. The action item is, ""Don't throw good money after bad."" The opposite of a sunk cost is an investment."


So far the answer is: observe the general direction of the market, using special tools if needed or you have them available (.e.g. Bollinger bands to help you understand the current trend) at the right time per above, do the roll with stop loss in place (meaning roll at a pre-determined max loss), and also a trailing stop loss if the roll works in your favor, to capture the profits on the roll. This trade was a learning experience.  I sold the option at $20 thinking I'd get back in later in the day with the further out option at a good price, as the market goes back and forth.  The underlying went up and never came back.  I finally gritted my teeth and bought the new option at 23.10 (when it would have cost me about 20.20 before), i.e. a miss/loss of $3 on $20. The underlying continued to rise, from that point (hasn't been back), and now the option price is $29. Of course one needs to make sure the Implied Volatility of the option being left and the option going to is good/fair, and if not, either roll further out in time, nearer in time, our up / down the strike prices, to find the right target option.  After doing that, one might do the strategy above, i.e. any good trade mgmt type strategy:  seek to make a good decision, acknowledge when you were wrong (with stop loss), and act. Or, if you're right, cash in smartly (i.e. trailing stops).


You can convert your money at a money transfer office at an airport.


It sounded an interesting question, so I looked it up. The reason I asked about the tax years is because it matters. If the bonus was paid, and then returned in the same year - it should not appear on your W2 at all, and your taxes would be calculated accordingly. You might end up with overpayment of FICA taxes, but you can get that credited on your tax return. If, however, the repayment is not in the same year as the payment, it becomes more complicated. The code section that deals with it is 26 USC § 1341. What it says, in short, is this: you can deduct the repaid amount from your current taxable income, but only if its more than $3000. The tax benefit of such deduction cannot exceed the actual tax paid on this in the year when you got the bonus (i.e.: you need to calculate that year with the amount, and without the amount - the credit cannot exceed the difference). But it can also not exceed the amount you would be paying on that amount in the current year (i.e.: if current taxes are less than that year - you lost the difference). If the signing bonus is less than $3000 and it spans across tax years - you cannot deduct it. Bummer.


Old school redditors unite.  Yes the front page of reddit is shit now, but there is a wealth of awesome stuff under the hood.  I'm only subscribed to something like 2-3 front page reddits still, and a couple hundred small/niche ones.


There are Patterns inside of Patterns. You will see short term patterns (flags / pennants) inside of long term patterns (trend lines, channels) and typically you want to trade those short term patterns in line with the direction of the long term pattern.  Take a look at the attached chart of GPN. I would like to recommend two excellent books on Chart Patterns. Richard W. Schabacker book he wrote in the 1930's. It is the basis for modern technical pattern analysis.  Technical Analysis and Stock Market Profits  Peter Brandt Diary of a Professional Commodity Trader. He takes you through analysis and trades.


I've actually had the same problem several years running, and it's solved by filing my corporate taxes, then taking those schedules, and applying them to my 1040, along with a Schedule C  You'll want to work with an accountant on this, but basically you're going to take the total set of business expenses as 1 chunk, then write them off your income (as one chunk).  I always recommend an accountant for this, but that's the general idea that I've used, and for the last 10 years, it's worked great.


No. I have partaken of but not lately. It's only become non-taboo here in the last 10 years and I was raised to think it was bad and people who do it are slackers or lazy and the like. I've thankfully grown out of that old way of thinking and now know how profitable it is and feel this is a good venture to begin building a nice portfolio. I'd also like to get into real estate and solar and wind as well


As the comments say it is still arbitrage. Arbitrage has nothing to do with the speed of execution or the type of order placed, it is commonly associated with automated trading but is not limited to it, which might be where the confusion comes in. The speed of execution is important for arbitrage trading because it lowers Execution risk  Here is some reading you might find interesting: They are pretty extensive. Statistical Arbitrage in High Frequency Trading Based on Limit Order Book Dynamics A limit order book model for latency arbitrage. How riskless is “riskless” arbitrage?


Doesn't work as it would be inflationary.  Businesses would raise prices knowing they could get more revenue. This cycles throughout the supply chains which in turn cause prices of other products to increase etc.  And why on earth you wouldn't means test something like this beyond me.


"If I was in your shoes I would have some term insurance, and it is pretty darn cheap at your age.   Your wife is dependent upon your income, and it will take sometime to transition from non-working to working.  As she could probably get a job doing anything, it will probably take many years to build up to the lifestyle she is accustomed.  She may never be able to obtain your salary. While she could spend down the amount you two have saved up for retirement, tax will have to be paid on any non-ROTH contributions.  The decisions for this have to be made within a year of death and are not easy.  I would not want to put my spouse through this.   Plus some day she would have to retire.  If she spends down a significant portion of the savings you have built, well that will need to be replenished and you probably know time is not on one's side when it comes to compounding.   Do you have to have 10x-15x times your earnings in insurance?  No.  Do you need to do a 20 year level term, No.  Perhaps a 10 year level term for like 5x your income.  Just something to ""bridge the gap"".  If you live, you will be much better off financially, and could probably drop the coverage.  If you don't you will not leave her sad and with difficult financial decisions; just sad."


I would expect a CISO/CSO (Edit: let's be clear - not CTO. Not CIO) to know about the current policies and to put their foot down when stupid shit like that is being done on a national level.  See also the employee passwords matching the user names.


Security Analysis(very difficult for beginners )& Intelligent Investor by Benjamin Graham. All about(book series by McGraw) on Stocks,Derivatives,Options,Futures,Market Timings. Reminiscence of a Stock Operator (Life of jesse Livermore). Memoirs , Popular Delusions and Madness of the Crowds by Charles Mackay. Basics of Technical analysis includig Trading Strategies via Youtube videos & Google. Also opt for Seeking alpha free version to learn about portfolio allocation under current scenario there will be few articles as it will ask for premium version if you love it then opt for it. But still these books will do.


Sure it's an issue. Not a legal one, but it's totally reasonable to not want to eat something because you think it's gross. That's the issue.  Note that I don't believe there was any wrongdoing by any party here. It wasn't the best reporting, and I don't approve of the practice, but all parties were well within their rights.


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> One of the best news I've heard today. That's the right way JetBlue, awesome gesture.  I don't know on this one. While it gives the warm fuzzies, all it means in reality is the seats will be all be sold out really fast.   The economist in me that I pretend to be while listening to Freakonomics in my car, wants to point to this quote, that I feel turned me around on this:  >LEVITT: And consumer surplus is one of the most important things in economics. One of the incredible beauties of the market system is that for so much of what we buy, we would have been willing to pay way more for it than we actually have to. A great example is water. How much do we pay for water each month? I don’t know what your water bill is. Mine is maybe $40. But think about how much we’d be willing to pay for water. Water is — I mean we’d be willing to pay almost anything for water, but it’s really, really cheap. So in that way, the modern economy has arranged things so that we get things we need — like water and food — much more cheaply than we’d be willing to pay. And that is really important. That is really the magic of the market.   > DUBNER: To me what sounds like the problem is how do you measure that? Because I need to know what you in your head were willing to pay before you came to the store and then were confronted with the actual price. So how typically have economists measured those two numbers — what you pay and what you’re willing to pay?  > LEVITT: So, Dubner, you have never been more right about anything in your life than what you just said because we simply have no good ways to measure consumer surplus. Because we know what people pay, we can sometimes see that, observe how much they buy. But we never see what’s inside their head, what their choice, what they would be willing to pay. If we’re really going to estimate a consumer surplus, what you would want to do is you would want to take a consumer and somehow magically you’d want to reproduce that consumer in 10 parallel universes.  source: http://freakonomics.com/podcast/uber-economists-dream/


They absolutely did. GS led the financing with BAML. AMZN also only has like 20B on the balance sheet if I'm remembering right. A 14B deal without taking out debt would be somewhat problematic given how much of it is regularly getting tied up in working capital.


I dont really know any better than you. But, the kindle fire has gotten some very bad reviews and that could actually be a pretty big deal, if the return on investment doesnt pan out.  There is a long way down for amazon.  especially with a p/e of 95.


Based on your numbers, it sounds like you've got 12 years left in the private student loan, which just seems to be an annoyance to me.  You have the cash to pay it off, but that may not be the optimal solution. You've got $85k in cash!  That's way too much. So your options are:  -Invest 40k -Pay 2.25% loan off -Prepay mortgage 40k Play around with this link: mortgage calculator Paying the student loan, and applying the $315 to the monthly mortgage reduces your mortgage by 8 years. It also reduces the nag factor of the student loan. Prepaying the mortgage (one time) reduces it by 6 years. (But, that reduces the total cost of the mortgage over it's lifetime the most) Prepaying the mortgage and re-amortizing it over thirty years (at the same rate) reduces your mortgage payment by $210, which you could apply to the student loan, but you'd need to come up with an extra $105 a month.


If I have an iPhone for work purposes only (paid for by IBM through voucher or whatever) then I don't give a fuck what they tell me to do. If all I can do is run the phone app then fine, it's their money, I can always get my own phone.   But if I have my own iPhone and I volunteer to use it (instead of being out of communication from 5pm - 8am) and they turn around and tell me that a device that I bought and use for personal reasons is limited to whatever they decide to allow me to use, well forget that.   Edit: Also, this article points out that IBM is behind the times again. It blows my mind that a technology company didn't have a well thought out and communicate an external technology policy prohibiting the use of software like dropbox or gmail for work stuff. Really the policy hasn't been updated in 2 years? Did it only cover MegaUpload before? And now the cats out of the bag so they have to be heavy handed in their approach. I can also see why some of the outrage exists over the 'no cloud but ours'. Having been forced to work in a LotusNotes and Sametime office I can only imagine how awful IBMs corporate cloud offering is. You probably need a TN3270 emulator to access your files :D


I absolutely abhor Best Buy.  I'm always torn on what I'd do if they went out of business.  I'd at least dance on their downfall, but would I be a vulture at their liquidation sales?  I like the idea of discounted technology, but I don't want to do anything to help them in any form or fashion.


I don't still have an account there, but ING Direct used to do that for you. They would set it so money would be freed up every 6 months but after a while you would have like 5-year ones to maximize returns.


You can make a conditional offer with a clause for this kind of thing.  If you go through an agent or in some case your notary can probably help you out for this.  In some cases, with the market as it is, a seller might refuse your offer out of hand if it is conditional but if you need to be sure, it is probably worth including. Look here for a nice overview http://www.wisegeek.com/in-real-estate-what-is-a-conditional-offer.htm


It is a very bad idea in almost all circumstances to borrow/withdraw from an IRA (or other retirement account) for a down payment on a house and I would only suggest it as a last resort. Even as a last resort it is a bad idea, and I'd suggest you aren't ready to buy a house until you have enough non-retirement money to do the deal. In your case you have money in savings, you should absolutely do that. If you don't feel comfortable using your emergency fund, you need to keep saving until you can afford to buy a house. Your retirement fund isn't a piggy bank for when you need money now, it is a payment you make to keep a decent lifestyle later in life. When you are retired your options for alternate income streams will be much more limited.  The biggest hidden cost is the opportunity cost of not having that money working for you. Your final retirement balance is very likely (when done correctly) going to be mostly comprised of the return on your investment more so than the money you put in. While you are young your greatest asset is time for that money to grow, don't throw that away when you have viable options! The other problem, if you are talking about an employer plan (401K/Roth) is that if you lose your job you will have 60-90 days to pay back the loan or it will be considered a distribution and subject to taxes plus a 10% early withdrawal penalty. This happened to a bunch of my friends from work when our company got bought by another company forcing them to close the old 401K plan and transfer to the new one. Short version: Don't touch retirement money for non-retirement things unless it is a life/death emergency and you have no other options.


With a short position you make your money (profit) when you buy the stocks back to close the position at a lower price than what you bought them at. As short selling is classed as speculation and not investing and you at no time own any actual assets, you cannot donate any short possition to charity. If you did want to avoid paying tax on the profits you could donate the proceeds of the profits after closing the position and thus get a tax deduction equal to the profits you made. But that raises a new and more important question, why are you trading in the first place if you are afraid to make profits in case you have to pay tax on those profits?


As per my comments, I think this is up to you and how much work you want to put forth.  I do not feel it is trivial to provide documentation even with 90% of it will be the same among lenders. See this question: First answer, third and fourth paragraphs. You need to go as far as understanding the total cost of the loan, you probably need a good faith estimate.  I would also compare a minimum of three lenders.


"From my limited experience with foreign exchange... Money is a commodity.. people buy it and sell it like other products.. if ""money"" is in demand the price goes up.. this is the case when a countries stocks are hot, and you need to purchase that countries currency to buy that stock... I've also seen the currency rise on news and speculation.  Many years ago, I administered foreign receivables... My job was to settle letters of credit from Britain... I remember on one ocassion Margaret Thatcher said something to upset the markets.. her remark caused the price of the UK pound to fluctuate."


When getting a car always start with your bank or credit union. They are very likely to offer better loan rate than the dealer. Because you start there you have a data point so you can tell if the dealer is giving you a good rate.  Having the loan approved before going to the dealer allows you to negotiate the best deal for the purchase price for the car. When you are negotiating price, length of loan, down payment, and trade in it can get very confusing to determine if the deal is a good one. Sometimes you can also get a bigger rebate or discount because to the dealer you are paying cash. The general advice is that a lease for the average consumer is a bad deal. You are paying for the most expensive months, and at the end of the lease you don't have a car. With a loan you keep the car after you are done paying for it. Another reason to avoid the lease. It allows you to purchase a car that is two or three years old. These are the ones that just came off lease. I am not a car dealer, and I have never needed a work visa, but I think their concern is that there is a greater risk of you not being in the country for the entire period of the lease.


If you don't mind being a terrible person to achieve personal success - it is a good book. I've had to non-pleasure of doing business with this guy and he is an absolute ass. He will weasel out of this because he is good at what he does.


I second the Yahoo! Finance key stats suggestion, but I like Morningstar even better: http://quote.morningstar.com/stock/s.aspx?t=roic They show projected yield, based on the most recent dividend; the declared and ex-dividend dates, and the declared amount; and a table of the last handful of dividend payments. Back to Yahoo, if you want to see the whole dividend history, select Historical Prices, and from there, select Dividends Only. http://finance.yahoo.com/q/hp?s=ROIC&a=10&b=3&c=2009&d=00&e=4&f=2012&g=v


I can tell you the reason the people who are calling you think you ought to use life insurance as an investment. What they will tell you: It is a way to avoid taxes. What they are thinking: It is a way for me to sell an investment with a huge commission. Whole life insurance as an investment really doesn't make sense for all but a very small minority of investors. If you have people that depend on your income to survive, buy term life insurance. It is much more practical and affordable.


If your account drops close to zero, Wells Fargo will choose that moment to apply their monthly maintenance fees so they can also apply overdraft fees. Its not that they are irresponsible, its that a much better equipped entity is exploiting the situation to bleed them dry.


I was in that same situation years ago with my parents. One way she could apply for a loan in her name without her parents is if she is not currently living with them she shouldn't need them to cosign if she doesn't have bad credit. But if she isn't living with them and they aren't financing her room and board they can't claim her as a dependent so if she really wants to stick it to them she can go and try to politely explain how the loans work and tell them if they don't cosign for her then she will apply on her own (which she can only do while not living with them I believe but not sure) and they will HAVE to STOP claiming her as a dependent on their taxes. If they don't agree she can put her foot down and force them to stop claiming her and tell them she will file her own application anyway and if they continue claiming her and get in trouble for it it's their own fault cause she warned them to stop first. They may agree to cosign rather than lose her as a dependent if it makes that big of a difference on their taxes, if they don't then she can forcefully punish them financially and their taxes will go up. Those were my choices when my parents refused to cosign for me to live at school but that was back in 1999-2000 and things may have changed since then, things also change state by state and I live in PA.


"This does not apply to Roth IRAs. It defines the difference between the two depending on what your age is when this happens. If you are 59 or younger, you have a 10% penalty in addition to taxes. If you are between 59.5 and 70, there is no penalty, but you do have to pay taxes. If you are 70.5 or older, then you MUST withdraw money, and that withdrawal is called the ""required minimum distribution"" and you pay taxes on it as if it were income.  In terms of investments, the two are the same in that the earnings you make on your investments grow tax free.  Here is more information between the two.  *Improvements are welcome for my answer."


I agree with that, but this study can't have been conducted over the long term. I'm just pointing out that just because the rates of increase are different doesn't necessarily imply a high margin of error.   Could be a high margin of error, of course, just saying the difference doesn't imply this.


"While a top tier software engineer may be more inclined to accept a job at Google, you better believe they're also being recruited by Goldman Sachs and Bridgewater.   The ""Quant fund"" concept isn't unique, Two Sigma's recent success however is."


"Listen asshole, you clearly have an opinion on the thing, but you're going around wielding it like it's a fucking club.  A pretty clear sign you should be sitting at the kid's table.  Furthermore, it's a goddamn opinion and yet you're sitting here - not helping OP in the slightest, mind you - attempting to verbally attack a stranger.  Does that make you feel like a big man Mr. anonymous internet guy that's clearly got an ego problem?  Maybe you're right, maybe you're wrong.  I happen to know that it would make him stand out more than NOT having one - something you can't prove wrong no matter how many job descriptions you look at.  It stands out - period - otherwise people wouldn't get them.  How is this not clear to you?  The whole problem is that you're acting like a child, an asshole, and proving that you don't understand the first thing about business - treat people fairly.  So if you think I'm inexperienced, I guess I'd have to consider the source.  My guess is that you don't stack up very well, or that you're a millennial that believes he's entitled to something he hasn't earned, like respect.  Why don't you grow up, and when you're ready to be an adult I'll talk to you again.  In the mean time, however, I'm just going to report you to the mods for being a dick so they can ban you.  There's no place for that here, especially for someone who ""supposedly"" has an MBA.  Figured you'd be able to handle yourself as an adult by now."


It's not really a 1st-amendment issue, but that doesn't mean that this part of the contract would hold up in court. All I'd need is the name of a couple that got married there and I could probably rack up $2,000 in fines for them by claiming I was at their wedding and leaving a negative review.


Sometimes there are credit cards that offer a (promotional) 0% APR on transfers with no transfer fees.  It can be a good option to move the money to one of these if you're disciplined enough to keep hacking away at the debt before the APR jumps.


As you point out, the moving average is just MA(k)t = (Pt-1 + … + Pt-k )/k and is applied in technical analysis (TA) to smooth out volatile (noise) price action. If it has any logic to it, you might want to think in terms of return series (Pt - Pt-1 / Pt-1) and you could hypothesize that prices are in fact predictable and will oscillate below and above a running moving average.  Below is a link to a study on MA trading rules, published in the Journal of Finance, with the conclusion of predictive power and abnormal returns from such strategies. As with any decision made upon historical arguments, one should be aware of structural changes and or data mining.  Simple  technical trading rules and the stochastic properties of stock  returns Brock, W., J. Lakonishok and B. Le Baron, 1992, Simple technical trading rules and the stochastic properties of stock returns, Journal of Finance, 47, 1731-64. MA rules betterthan chance in US stock market, 1897-1986 I don't know whether you are new to TA or not, but a great commercial site, with plenty of computer-generated signals is FinViz.


I mostly eat mcdonalds when in my home town, if I'm 'away' I don't eat it as much. I know enough about the family that owns the mcdonalds here and it doesn't surprise me that things are as consistent as they are. I'm sure ownership plays a big role into the quality and consistency of the franchises.


Social programs help millions and millions. Increasing military spending more than where it is just widens our lead in a dick measuring contest we've already won by a good margin. No one is saying don't have a military, just be reasonable about how much more you need.


Well, there's also the customization.  I remember back in the day before their bankruptcy when their customization involved a full on salad bar so you could top your burgers with bacon and chicken fingers.  I miss those days.


"Short answer - matching your firms stock record or box to the records of a depository or fund family. Any differences are referred to as ""breaks"" and need to be resolved promptly otherwise action like covering or moving to suspsense are required.   There are rules surrounding suspense, that may be valuable reading.  Let me know if you have any specifics or want more detail. I made a few assumptions but that is the broadest view of a firms asset reconciliation (FINRA passed some recent rules that take this even deeper into ""firm"" accounts)."


The S.E.C. is just a training camp for financial consultants hired by CEOs of multinational firms.  Remember how many people were sent to jail after the financial collapse and the housing bubble?  That's about how many you can expect to go to jail this time, too.  The worst that will happen is minor fines dwarfed by the amount of money made in any illegal activity that may have occurred.  It isn't so much that government has any real problem with white-collar financial crime per se; they just want to make sure they get a cut.


I think it is yes. Although the fed will try and control it. Inflation will be good for the economy as long as it doesnt happen too fast.  Basically they need to balance keeping peoples assets from plummeting in value and having peoples wages stay at pace with growth and rising costs


I am of the strong opinion that life insurance should be purchased as a term product and nothing more. The internal expense is usually high, the returns, poor and the product disclosure is often incomprehensible. The only purpose Cash Value Life Insurance serves, in my opinion, is to fund the retirement and college educations of those selling it.


"If you bought them, you can sell them.  That does not preclude you from buying again later. You might get yourself into a situation where you need to account for a so-called ""wash sale"" on your taxes, but your broker should calculate that and report it on your 1099-B at the end of the year.  There's nothing illegal about this though - It's just a required step in the accounting of capital gains for tax purposes."


Oh, huzzah.  'I'm on the plane.  What are...No...No, I'm on the plane!  The plane?  I'm...what?...hang on...what?  No.  No, ON THE PLANE!  I'm...yes, the plane.  Nothing, really.  What are you up to?  I said what are...just a...I SAID WHAT ARE YOU UP TO....oh, hang on, someone's trying to smother me with a complimentary pillow...'


Yes, I really don't disagree with anything that you're arguing regarding social mobility. In general, the lack of social safety net in the US and UK don't enable social mobility.  I would also point out that rich kids tend to inherit and so tend to stay in the class with which they were born to. For instance, I know a lawyer whose son is a stereotypical fuck up. Sure, he'll have six figure income all his life due to inheriting dad's money, but he'll never earn anything on his own. Is that success? I don't think so.  I would also assert that the point is more salient in the middle class. Just because my parents are middle class doesn't mean that I would be middle class. There's quite a few ways that I could have veered off and ended up quite poor. I know a consultant who was solidly middle class who's son flips burgers for a living. Said son is a bloody smart person from what I heard, but never got his shit together.  So yes, I agree that decreasing social mobility is a problem. I'd also argue that success is only predicate on luck.


One can have a self-directed IRA. This is not like a Schwab, eTrade, etc IRA. It has a special type of custodian that knows how to manage it.  I became aware of such an account as a way to purchase a rental property. There were two issues. The type of property I looked at wasn't anything a bank was willing to finance. And the rules regarding self dealing added a potential layer of expense as I technically could not perform the simplest of things for the property.  For you, the obstacle looks like self-dealing. Any IRA can only be funded with cash or transfer/conversion from another IRA/401(k). I don't know how you would get the intelligent property into the IRA in the first place. Once you own a patent, or anything else, you can't sell it into the IRA.  It's at times like this that member littleadv would suggest this is the time to talk to a pro before you do anything hazardous to your wealth.


The thing is with automation is scale. You need a size of business to justify the capital cost and if plant goes down, you need to be able to afford the downtime (multiple machines) otherwise you will have issues particularly in retail.  The largest franchises may have little problem affording burger robots but smaller ones?