First utilize a security screener to identify the security profiles you are looking to identify for identifying your target securities for shorting.  Most online brokers have stock screeners that you can utilize.   At this point you may want to look at your target list of securities to find out those that are eligible for shorting. The SHO thresold list is also a good place to look for securities that are hard to borrow to eliminate potential target securities. http://regsho.finra.org/regsho-Index.html  Also your broker can let you know the stocks that are available for borrowing.  You can then take your target securities and then you can look at the corporate filings on the SEC's Edgar site to look for the key words you are looking for. I would suggest that you utilize XBRL so you can electronically run your key word searched in an automated manner.   I would further suggest that you can run the key word XBRL daily for issuer filings of your target list of securities.  Additional word searches you may want to consider are those that could indicate a dilution of the companies stock such as the issuance of convertible debt.  Also the below link detailing real short interest may be helpful.  Clearing firms are required to report short interest every two weeks. http://www.nasdaq.com/quotes/short-interest.aspx


You only need to report INCOME to the IRS. Money which you are paying to a landlord on behalf of someone else is not income.


For clarification, #3 Eastman used to be Eastman Kodak, and when film died they went through many nasty downsizes, the people they have now are a skeleton of that who are completely shellshocked, or replacements clueless to the butchery that preceded them. Same management though.


> There are 70,000 britons who chose to get medical treatment in other countries instead of the NHS.  70K sounds like a lot until you know [1,400,000 Americans made that same choice in 2016](https://www.patientsbeyondborders.com/medical-tourism-statistics-facts).  Since the US has about 5 times the population, you just proved that the NHS system is about 4 times better than the US's.


The definitive answer -- if you want to call it that -- is in Title 26, Section 529(e)(5): (5) Eligible educational institution   The term “eligible educational   institution” means an institution- (A) which is described in section 481 of   the Higher Education Act of 1965 (20   U.S.C. 1088), as in effect on the date   of the enactment of this paragraph,   and (B) which is eligible to   participate in a program under title   IV of such Act. Here's the link to the section mentioned in Part (A).


"Well the whole book was founded on an factually incorrect thesis: HFT front runs retail orders, so I'll start with that.  But to be a bit more detailed, the basis for Katsuyama's ""journey"" into better execution was based on a completely incorrect model of how the markets work, that his trades were being ""seen"" by HFT firms before he placed the order is absolutely stupid; singular parts of his multi-exchange order were being executed before they hit other exchanges and HFT firms rightfully reacted to changes in supply and demand."


> I follow bitcoin more than you think. I suspect I understand it better than you do.  My apologies, I didn't mean to be rude. Although hey now, I'm pretty knowledgeable! :P  > This would stand in stark contrast to the repeated denials by the hodlers that bitcoin can't be regulated   Oh bitcoin can absolutely be regulated and banned and the governments are already working on these tracking tools already.  Yet to ban bitcoin in 2014 would almost be equivalent to banning the internet in 1999. It hasn't yet reached mass adoption but to ban it after so much development has gone into it, and after so many people have shown the opportunity with it, that to ban it would signal error/mistrust towards the government.   *Let's ignore that though*  Even if it's palatable for governments to ban bitcoin *(as did Equador just recently actually)* all it does is cause the currency to go to the underground markets. It won't be banned globally and people won't have access to their accounts severed: the governments will just make it difficult to use and create bitcoin businesses within the country officially.   Thus with this in mind, would a government want to create a regulated and highly-watched industry or push everything into the dark where they have no control? If they do it doesn't make bitcoin go away it just pushes it towards other countries and causes certain citizens to increase their distaste towards governments.   It's interesting to see the different incentives play against each other.


Compliance is the future of finance in the U.S.A.  Stop bitching and be grateful for the fact that you are being given a chance.  There are millions of people working for extremely low equivalent pay around the world.   (The average salary for a college graduate in Shenzhen, China is $475 per month.  Don't think for a second that these grads aren't as smart or hardworking as you.)  Look around and appreciate the modern marvels of engineering, public utilities, and technology that surround you.    Applaud the fact that your fellow citizens are conscience enough to clean up after themselves.  e.g. using proper receptacles.    Take pride in the fact that you are bright, talented, and moving forward   Good luck.


I thought this was a very good write up. I don't work for a pay cheque, if I love my job, money is unimportant. Its not totally out of the way, I believe in a fair days pay for a fair days work. I've seen lots of different boss 'styles' and really I need to respect my boss or its very hard to stay in the job, even if I like the job. I love change and love to learn. I've had plenty of that in my short 9 months with my current organisation. I've been in the work force for 32 years and seen lots of changes. I've settled down and decided I want a happy environment to work in, no drama in the office and a boss who I can learn from and respect. Money is secondary to all this.


"Unless your stinginess has reach truly compulsive levels, it should be enough to consciously remind yourself of the value of your time when you make purchase decisions or find yourself chasing minor savings. Another way might be to deliberately give yourself a monthly or weekly budget that you're allowed to ""waste"" on luxuries and conveniences without worrying."


This guy is literally proposing a bucket shop. Trades against customers and copy their trades. No centralized clearing (it's not executing trades at all). And he thinks these are good things that customers should get him for.  Scam. And a very old one at that.


"I live in Chicago and while I think the city could do a fine job at supporting the vacancies amazon has to offer, it's not on my radar as a place to work if Chicago wins the bid. For every ""my friend didn't hate working at Amazon"", there are a million horror stories.  Life's too short to hate your job. Not saying you have to love it, but why spend half of your waking life (oftentimes more at places like this) at a place designed to chew you up and spit you out. I've worked at those places. Never again. It's not worth the money (but will probably be worth the experience for a lot of people, unfortunately)"


"They always use the term ""spike"" - making the assumption they will go down.  An large eruption in Iceland, if one occurs,  (less likely than not) would cause major increases in food prices globally, just like a limited nuclear war would.   In even a small nuclear war the food cost increase subsequent to a short ""nuclear winter"" is projected to kill two billion people, mostly children, worldwide."


You can only claim an input tax credit if tax was actually collected by the seller, irrespective of whether it should have been or not. You need to contact the seller to request an invoice that shows the GST/HST, if any, as well as the seller's GST/HST number, which is required to be printed on invoices. If the seller is not including GST/HST in the prices indicated on Kickstarter, I would like to know how they get away with that!


">The homeless should stand in lines,   This would only artificially create LONGER lines, and LONGER wait times.  >then sell their spot in line to others who need it.  In order to give the ILLUSION of being able to ""jump"" to the front of the line.  Basically you have recreated (yet another fraudulent) ""frontrunning"" system.   *Granted that wouldn't apply to renewing a passport, but to just about everything else.* **Why not just HIRE someone to do your errands for you** *if you are so overflowing with extra cash? Heck you could then have your ""personal servant"" do a lot of other things for you as well -- iron your pants, draw your bath, wipe your arse, etc.  A Jeeves for your Wooster.*"


> His favored solution to making global progress against poverty, unemployment and carbon emissions is social entrepreneurship, the creation of “self-sustaining” businesses that operate with “freedom from profit pressures and from the demands of profit-seeking investors,” making “social businesses viable even in circumstances where current capitalist markets fail.”   Those are weak half-measures that won't work long-term.  This is a solvable problem, but this isn't the way to do it.


I agree with the premise and vehemently disagree with the solution!  Why in the name of all that is holy would you think giving the power to a random group of wealthy people is going to end up in ANY WAY better?!  They will take that power, and grab every thing they can!  The solution is ridiculous and DOESN'T follow from the problem!  If you want a solution, you want REAL oversight!  You want people checking these decisions and verifying them that you and the people can trust!  We don't trust the market!  We don't trust big money!  You don't trust the government!  That's why I was looking for a solution that works for everyone!  Why, after all that work we went through, have you thrown it all away and gone back to this tripe?!


"I didn't even have access to a 401(k) at age 24.  You're starting early and that's good.  You're frugal and that's good too.  Retirement savings is really intended to be a set it and forget it kind of arrangement.  You check in on it once a year, maybe adjust your contributions.   While I applaud your financial conservatism, you're really hamstringing your retirement if you're too conservative.  At age 24 you have a solid 30 years before retirement will even approach your radar and another 10 years after that before you have to plan your disbursements.  The daily, monthly, quarterly movements of your retirement account will have literally zero impact on your life.    There will be money market type savings accounts, bond funds, equity funds, and lifecycle funds.  The lifecycle fund rolls your contributions to favor bonds and other ""safer"" investments as you age. The funds available in retirement accounts will all carry something called an expense ratio.  This is the amount of money that the fund manager keeps for maintaining the fund.  Be mindful of the expense ratios even more than the published performance of the fund.  A low fee fund will typically have an expense ratio around 0.10%, or $1 per $1,000 per year in expense.  There will be more exotic funds targeting this or that segment, they can carry expense ratios nearing 1% and some even higher. It's smart to take advantage of your employer's match.  Personally, at age 24, at a minimum I would contribute the match to a low-fee S&P index fund."


You or the broker place an order to buy the share with the stock exchange. There has to be a matching sell order by someone.  Once a match is made, you pay the money and get the share.


The offering price is the price at which that IPO is, well, offered. Think of it as a suggested retail price. The opening price is the actual price at which trading begins, on a particular day, for a stock. That price depends on demand/overnight-orders/what-have-you. Think of this as the actual price in the store.


That's just factually incorrect.   Outright lying aside, the previously mentioned contraction is after after a 2.1% Q4 and clocked in just .2% below last year's national average (a five year low). Regardless of that tiny bit of logic, the Fed has forecast a 2.9% Q2.  Full employment and highest consumer confidence in years are driving it.   Even worse case in that article, the forecasts are above 2.5% for the next quarter.


It does sometimes open one day the same as it closed the previous day.  Take a look at ESCA, it closed October 29th at 4.50, at opened November 1st at 4.50.  It's more likely to change prices overnight than it is between two successive ticks during the day, because a lot more time passes, in which news can come out, and in which people can reevaluate the stock.


"From Investopedia:  ""Beating the market"" is a difficult phrase to analyze. It can be used   to refer to two different situations: 1) An investor, portfolio manager, fund or other investment specialist   produces a better return than the market average. The market average   can be calculated in many ways, but usually a benchmark - such as the   S&P 500 or the Dow Jones Industrial Average index - is a good   representation of the market average. If your returns exceed the   percentage return of the chosen benchmark, you have beaten the market   - congrats! (To learn more, read Benchmark Your Returns With Indexes.) 2) A company's earnings, sales or some other valuation metric is   superior to that of other companies in its industry. Matching the market, I would presume will be generating returns equivalent to the index you are comparing your portfolio with. If for a sector/industry then it would be the returns generated by the sector/industry. As an index is more or less a juxtaposition of the market as a whole, people tend to use an index."


So their programmers don't have to deal with floating point arithmetic. This is why they're so far ahead in technology!


"The recommendation is not to make the investment. In general, a company does not have to sell their shares to you or allow you to become an investor, because, as you have stated, it is a private company not quoted on the stock market.   If everyone were trustworthy, you could buy the tools for $11000 -- so that you own the tools -- and sign a lease of the tools to the company whereby they pay you $X/month.  The lease should be reviewed by a lawyer before it is signed, and perhaps give the buyer the right to demand back the tools at any time.  However, even this arrangement is very risky, because the ""company"" could simply steal or damage the tools and disappear.   It is not an investment that I would make, because it sounds too good to be true.  $2800/mo steady cash flow for $11,000 invested.  No, I don't think so.   The following information may also be useful, either to you, or future readers: If you still want to make this investment, then you should know that: The offering for sale of shares by companies located in the USA is subject to a wild array of complex laws.  This is true in many other countries as well.  These laws,  called securities laws or regulations,  can require certain disclosures, require that investors have a high net worth so that they can afford to lose the money or conduct their own investigations and legal actions, or require that the investors know the company founders personally, and can prohibit or limit resale by the buyer/investor.  Promoters who say you can still invest and are ignoring or disobeying the securities laws are being at least negligent, but more likely are dishonest and probably criminal.  Even if you trust in the investment, can you trust negligent managers to do a good job executing that investment? What about dishonest managers?  What about criminals and thieves?"


"Embrace the role and learn how to tell your story. Find an interesting way to tie your past experience, education, and goals directly to the role you want.   If you can show that you are glowing interest with the background and skills you have then you will have no problem finding a quant-type role. You need to make it sound like everything you have done up to this point was to prepare you for this type of role (e.g. ""I accepted a SE role so that I could take steps toward learning how to implement the types of Actuarial models I learned at my previous gig on a larger scale, how to integrate those models with others, etc.."").  Source: Was in similar position and achieved similar goal."


Well, we found one way to get his fat ass to sign a budget. Catch him sunning himself on a closed beach and suddenly he finds his pen. He's such a douchebag. I'm happy he took down Little Marco but I'm extremely happy he didn't get any position of power out of it.


Few companies are on such small margins that a tiny flip would cause profitable to unprofitable. But say overhead mandatory costs like insurances and other liabilities already eat up 60% of your gross profits then you're faced with another 5-15% increase in these costs.  Would you continue working for only 25% of your gross profits? If you're already rich, why not retire? That's exactly what this guy is talking about.   The guy obviously worked hard and sacraficed to get where he is, but at a certain point you receive less and less benefit from your efforts.


I don't know that any other company will ever have as much free cash as Google or Apple, so it's kind of hard to say it's easily repeatable. Without so much cash, would another firm be able to do as much? That's what I'd like to know.


>[**Кингсмен. Профит 15% за сутки! Хочешь заработать, заходи сейчас!!! Как быстро заработать в интернете [4:48]**](http://youtu.be/acmak48WgjQ)  >>Друзья, сегодня на обзоре, новый проект кингсмэн  > [*^Финансовый ^Вектор*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^& ^Blogs  >*^2 ^views ^since ^Oct ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)


"This is the best tl;dr I could make, [original](http://nymag.com/daily/intelligencer/2017/06/as-voodoo-economics-fails-in-kansas-trump-takes-it-national.html) reduced by 90%. (I'm a bot) ***** > &quot;Kansas is the model.&quot; Kansas was the state where Sam Brownback, the former congressman who mentored a young staffer named Paul Ryan, implemented supply-side tax cuts that, Brownback promised, would usher in prosperity and fiscal stability.  > Insist the tax cuts only failed because weak-minded legislators did not do their part to cut spending as required.  > Weren&#039;t the tax cuts supposed to prevent &quot;Unchecked spending&quot;? Wasn&#039;t this the very reason their supporters gave to discount the predictions that the tax cuts would create deficits?   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ggg4p/as_alecs_voodoo_economics_collapses_in_kansas/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~141077 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*: **tax**^#1 **cut**^#2 **Kansas**^#3 **effects**^#4 **spending**^#5"


How exactly does some sort of cash advance get the job done? Utilizing virtually any on-line lending institution, whatever you have to perform is actually complete a short application which includes of the private particulars. If you post your details, you may be informed instantly in whether you already been prosperous while using software.


For people who are good with money (presumably), Kiva.org gives your money to such people who apply for loans through social service organizations in various countries (I believe this is how it's done). The people state what they will use the money for. It can be as simple as 'buying provisions for food truck business' or 'replacing wheels on tractor.' Then they pay the money back and you (who donated x number of dollars) use that repaid money to make another loan.


One more very impressive feature of claypave or clay pavers is that they are much more durable than their counterparts and experts say that till now, no other material or its durability has managed to match the strength or durability of these materials .


Scalability is the key determinate - if it doesn't scale easily then chances are the big bucks will elude you. To the extent that unless your entrepreneurial idea doesn't have scalability built into the business model, you should probably think again.  Straight contracting/manpower sub is always limited and problematic - whereas encapsulating the IP and developing the *system* of applying that IS scalable.


Made it up. But the term dumb pipe is a term isp use when discussing  utilities. Dumb pipe is something they want to avoid. Which is why they add value like data caps. But utilities do exactly what consumers need the to do without getting in the way of how a consumer uses it and at an extremely low cost.


You don't have to wait.  If you sell your shares now, your gain can be considered a capital gain for income tax purposes. Unlike in the United States, Canada does not distinguish between short-term vs. long-term gains where you'd pay different rates on each type of gain.  Whether you buy and sell a stock within minutes or buy and sell over years, any gain you make on a stock can generally be considered a capital gain. I said generally because there is an exception:  If you are deemed by CRA to be trading professionally -- that is, if you make a living buying and selling stocks frequently -- then you could be considered doing day trading as a business and have your gains instead taxed as regular income (but you'd also be able to claim additional deductions.)  Anyway, as long as your primary source of income isn't from trading, this isn't likely to be a problem. Here are some good articles on these subjects:


The 10K in savings and money market is equal to about 1.5 months of income for emergency funds. You should add additional funds to this account over the next few years to let that increase to 3 to 6 months of monthly expenses. This money should be kept secure so that it will be there when you need it. Growth is not the primary function for this account. Investment at this stage should be for retirement. This means take advantage of 401K matching if it is available. You will have to determine if Roth or regular makes the  most sense for you. In general the lower your current tax bracket the more sense Roth makes for you. If you want an IRA again decide which type. Also remember that you have until the tax deadline to make a contribution so you can decide to use a refund to fund the IRA. IRAs and 401Ks are just account types with some rules attached. They can be invested in everything from CD's to individual stocks depending on how aggressive you want to be.


Is there a way to get into VC without going the IB route? Seems like its pretty much the only way that I've heard. I supposed one could be the head of a startup and then after a successful ride with VC could become employed by a VC firm. What other ways?


Which I just think is a que for Google and Microsoft to start integrating your friends opinions on their status updates into your search experiences. If So and So didn't like this restaurant and left a bad note on Yelp! or another restaurant aggregator, well damnit you are not going to see that in your results. Your friends have spoken.  The next best thing (Social) is going to be a bust for the average internet user.


There's a few different types of investments you could do. As poolie mentioned, you could split your money between the Vanguard All World ex-US and Vanguard Total Stock Market index. A similar approach would be to invest in the Vanguard Total World Stock ETF. You wouldn't have to track separate fund performances, at the downside of not being able to allocate differential amounts to the US and non-US markets (Vanguard will allocate them by market cap). You could consider investing in country-specific broad market indices like the S&P 500 and FTSE 100. While not as diversified as the world indices, they are more correlated with the country's economic outlook. Other common investing paradigms are investing in companies which have historically paid out high dividends and companies that are under-valued by the market but have good prospects for future growth. This gets in the domain of value investing, which an entire field by itself. Like Andrew mentioned, investing in a mutual fund is hassle-free. However, mutual fees/commissions and taxes can be higher (somewhere in the range 1%-5%) than index funds/ETF expense ratios (typically <0.50%), so they would have to outperform the market by a bit to break-even. There are quite a few good books out there to read up about investing. I'd recommend The Intelligent Investor and Millionaire Teacher to understand the basics of long-term investing, but of course, there are many other equally good books too.


As a boston resident, these stores will be jam packed this weekend. The store i go to has 20 lanes 5-6 customers deep from opening on friday to close, and it looks like that almost every weekend day. The customers are of every socio economic and racial background. Market basket  has whole foods quality food at 35-40% of the cost. They lost a ton of money but will be fine.


"my taxable income was roughly $230,000 in 2012. Indeed it is relevant. The highest AGI limit for deductible IRA contributions is 112K. So no, IRA contribution will not help you reducing your tax bill this year. The deduction phases out starting from AGI limits of $10K in certain cases (for married filing separately), and phases out entirely for anyone at AGI of 112K (for 2012). The table linked describes the various deduction phase-out parameters depending on your filing status, and will probably be updated yearly by the IRS. However this is only relevant if your company provides a retirement plan, as Joe mentioned. If your company doesn't provide a retirement plan but your spouse's does - then the AGI phase-out limit is $178K. If neither you nor your spouse (if you have one) is covered - then there's no AGI limit, and you can indeed make an IRA contribution before April 15th that would be attributed to the previous year and reduce your tax bill. Note that ""provides"" means the plan is available, even if you don't participate in it, any time during the year."


I just scanned in a single sheet summary of my last two years tax returns. It is something our CPA does for us. How would I post it? Don't worry, I marked out all the personal information.    What is says is I paid over $50K in taxes in 2015. Last year we had one of our biggest contracts put on hold, so I only paid $20K.   I won't have this years figures, because we don't submit them to our CPA until the end of the year. However, this year, we just bought out two other owners at $1.2M, which makes me a 33% owner. The contract is getting restarted (knock on wood), which all together means my personal tax liability is going to be well over $100K.   My company is a commercial company, but we work with the government, and matter of fact some of the stuff we produce was designed and developed by the government (as is many of today's modern inventions - I think you would be surprised).   So lets tackle it one at a time. Pick one of those things that commercial does better than government.   P.s. Higher taxes doesn't mean higher for you, a lot of times it means higher for guys like me or way better than me (which I am perfectly fine with, and matter of fact would support). People who use infastructure more - like large corporations - should pay more for it...


You are an internship. I worked at Citibank in highschool as a junior financial advisor and I sat for 8 hours on Saturday cold-calling clients with +$150,000 sitting in the bank.   I did this for 5 months until I got fed up with it, but the point is your an intern, don't expect the stars.


First of all, thank you for directing me to some supporting material. I read the abstract and I'll dig in to the detail later. The 2012 Colliard & Foucault paper makes a good argument too. Papers like these *are* the kind of thing that convinces me and are very helpful.  Second, I agree that humility is needed but I think I was *very* clear in stating that I don't have an authoritative view on the subject. I don't think there's anything wrong with questioning posts from experts if for no other reason than to get more information on the subject, which you've generously provided here and in your other post. Maybe you disagree.


First of all, the company will pay the money for the insurance, do not be afraid. They have to pay IF 1) the insurance premium was paid every month and 2) there was not a false declaration of health when the contract was signed 5 or 10 years ago. It normally takes between 1 month and 4 months to settle an insurance contract. Your case might take a little longer. Second, the insurance company admit that you are the beneficiary, so the money will eventually come to you. What they say is that you need someone in charge, a trustee or a curatorship to handle the money in your name. Why? Because you have a mental health team in charge of you. Be patient, and... Third, start by talking to someone in charge in your mental health team or the people you see. What you need is someone acting as a trustee for you. You need to go and seek free legal aid. Depending on your country or state of residence.  I cannot help you more than that. You will have the money, eventually in a few months, but you need to find a trustee, a guardian as soon as possible. Someone in your family could easily do it for you ?


Assume you will need to retire with a few million in the bank to maintain an average lifestyle.  I had an analysis done for me (at 33) that shows my family, to keep it up lifestyle will need to have 3.4MM in the bank so in retirement I can draw down enough cash. This number reflects inflation. Now that you are 18, if you make consistent but small savings you will achieve that financial stability.  Try to make it automatic so you aren't tempted to spend. There is more you can do but since you have such an early start, you can do less than most people and still have plenty. Even thought it is great you are thinking about it, don't forget to be young, move around lots and have fun.  Just pay yourself first and have fun second. Also, thank whoever guided you to this point.  If you did it all on your own, be proud.


Hi, finance degree holder here.  Graduated in 2012, been working in retail ever since. Almost went homeless twice. Unless you know for sure 100% that you want to go to grad school and/or get a few (expensive) certifications, the only shot at gainful employment you have is in insurance sales. Or at major firms if you're close to a big city.  Ymmv, and a lot depends on the area, but I didn't exactly have a good time.


"I have 3 favorite sites that I use. http://www.nasdaq.com/symbol/mcd/dividend-history - lists the entire history of dividends and what dates they were paid so you can predict when future dividends will be paid. http://www.dividend.com/dividend-stocks/services/restaurants/mcd-mcdonalds/ - this site lists key stats like dividend yield, and number of years dividend has increased.  If the next dividend is announced, it shows the number of days until the ex-dividend date, the next ex-div and payment date and amount. If you just want to research good dividend stocks to get into, I would highly recommend the site seekingalpha.com.  Spend some time reading the articles on that site under the dividends section.  Make sure you read the comments on each article to make sure the author is not way off base. Finally, my favorite tool for researching good dividend stocks is the CCC Lists produced by Seeking Alpha's David Fish.  It is a giant spreadsheet of stocks that have been increasing dividends every year for 5+, 10+, or 25+ years.  The link to that spreadsheet is here: http://dripinvesting.org/tools/tools.asp under ""U.S. Dividend Champions""."


"Read ""How to win friends and influence people"" by Dale Carnegie. Don't be fooled by the overly self-helpie title. It's a great book.   Then consider reading ""The speed of trust"" by Steven M R Covey.   I'm sure you'll settle in just fine. Good luck!"


Sears had some pretty cool stuff back in the 1970s.  I always looked forward to trips there.  Radio Shack was awesome, too.  Kinda sad that there are almost no physical stores I look forward to visiting these days.  My favorite places are thrift stores, junkyards and the scrap metal yards.  That's the only time I get excited seeing stuff.  Well, that and Petsmart.  I like seeing the cats, dogs and birds.


When you decided to invest to China. The big problem is corruption. You have to pay so much for the government before opening your company such as: documents for opening, certificate for your standard products, etc., and a lots of undertable expense that you can not add them into your income statement. China has only the advantage of population. Products manufactured from China are not seemed high-quality. I'm glad that U.S companies return their countries. It's a good decision.


Of course, but the idea that you can simply use a supercharger and always get the battery back to X% in 30 minutes isn't accurate due to those limitations right now. It doesn't take that long before that 30 minutes becomes 35, then 40 and so on to prevent the battery from wearing out prematurely. BMW and Toyota have been working together on solid state batteries and (toyota) expect to have a production battery out in ~5 years. So the change is coming, but they still need solve the engineering problems that come with mass production and reducing costs of solid state batteries.


Some people simply do not care who is president, if they think / invest longterm.   For example the value of a company = Sum of all discounted cash flows from now until eternity. 4 years are not that long compared to eternity.


"Well, though he is doing it for childish reasons, I guess he is bumbling towards doing the right thing.  I for one would feel better not have Goldman Sachs Penis in the President and the Fed.  We might get a ""two fer"" a clean Fed and a castrated Goldman  Hell I might even start to like Trump, he is so dumb the right thing is happening by default"


It depends on the people.  I once worked in corporate finance in a fairly large (now very large) oil company.  In our unit we were entirely motivated by career, money, bonuses, etc.  I had a staff of middle-aged females working for me and at first I couldn't figure out how to motivate them.  I realized after a few months that they just wanted things like a pizza party once a month and the little crap like that.


I think part of the reason people overdraft is because the online banking app/website doesn't show a true indication of your account balance. I've had mine (at Bank of America) adjust to $30 less than it told me I had when I checked due to processing payments being altered.


"This is the best tl;dr I could make, [original](http://www.imf.org/en/Publications/WP/Issues/2017/10/20/The-Macroeconomic-and-Distributional-Effects-of-Public-Investment-in-Developing-Economies-45222) reduced by 48%. (I'm a bot) ***** > This paper provides new empirical evidence of the macroeconomic effects of public investment in developing economies.  > Using public investment forecast errors to identify unanticipated changes in public investment, the paper finds that increased public investment raises output in the short and medium term, with an average short-term fiscal multiplier of about 0.2.  > We find some evidence that the effects are larger: during periods of slack; in economies operating with fixed exchange rate regimes; in more closed economies; in countries with lower public debt; and in countries with higher investment efficiency.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77ql6o/imfthe_macroeconomic_and_distributional_effects/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~232230 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*: **public**^#1 **investment**^#2 **IMF**^#3 **paper**^#4 **view**^#5"


You may find it difficult to remove the PMI under any circumstances, banks will give you the run-around for quite a while hoping you get bored and continue to pay it. We got rid of ours by refinancing with a different bank, but at the time it was possible to get the new bank to pay all the fees if you worked through the right people, now it may be worth it to just keep fencing with the bank in the hopes that you run into someone with a little decency.


"I'm going to subtly and cheekily change the obvious advice. There are three ways to deal with negative cashflow, not two: You're currently studying for a degree. You don't say what country you're in or how your studies are funded, but most people in the US, UK, and a fair number of other countries, run up debts while studying for a degree. They do this because a degree is valuable to them. They can't avoid it because the tuition alone costs more than most students can generate in income, never mind their living expenses. So by all means look for savings, (1). Clearly strangers on the internet can't just think up ways for you to spend less money without knowing anything about what you do spend money on. But you can at least list your expenditures for yourself, and see what's necessary. Consider also how much fun you want your studies to be: 4 years in a cold house to avoid paying for heating, and never going out with friends to avoid spending on unnecessary stuff is all very well. But with hindsight you'll regret torturing yourself if you're ever well-off enough to pay back whatever you would have borrowed to use for heating and fun. Only do (2) if it doesn't affect your studies or if the money you're paid justifies delaying the valuable asset you seek to acquire (a degree, leading perhaps to a better job but at least to the capacity to do a full-time job rather than fitting work around your studies). There are some jobs that are really good fits for students (reasonably low hours that don't clash with classes) and some jobs that are terrible. If these fail, resort to (3). I don't mean dishonest book-keeping, I mean accept that you are going to borrow money in order to pay for something of value that you can account as an asset. Work out now what you'll need to borrow and how you think you can pay it back, make sure the sum is worth it, budget for that, stick to your budget. You'll still have negative cashflow, nothing changes there, but your capital account looks fine. Personally I wouldn't actually put a monetary value on the degree, I'm not that bothered about the accounts and it's really difficult to be accurate about it. You can just consider it, ""more than I expect to borrow"" and be done with it. Studying costs money. Once you've graduated, you probably aren't going to be back here saying, ""I want to buy a house but I have no capital and I don't want to go into debt"". Are you? ;-) Although if you are, the answer happens to be ""Islamic mortgage""! I don't know whether Islamic banks have an equivalent answer for student debt, since they can't own a share of your degree like they can a share of your home. Unless you're a Muslim, presumably the ways that Islamic finance avoids interest payments would not in any case satisfy your desire to be ""not in debt""."


Well, I personally don't get my news from Facebook, so I wouldn't say that I trust them.  But I also don't think they have a reason to go out of their way to censor conservative news stories.  Every time I've seen conservatives complain about this sort of thing, it centers around stories with may be rooted in truth, but have been perverted/spun into things that aren't true at all.


I know this is a little off the wall but I bought a rental property for my son's tuition. The tenants pay down the mortgage for the next 12 years and it (hopefully) also appreciates in value. Worst case scenario is I come out with a rental and a kid with no education.  He doesn't go then there's no skin off my back.


In my opinion, the ability to set a sell or buy price is the least of my concerns.  Your question of whether to choose individual stocks vs funds prompts a different issue for me to bring to light. Choosing stocks that beat the market is not simple. In fact, a case can be made for the fact that the average fund lags the market by more and more over time. In the end, conceding that fact and going with the lowest cost funds or ETFs will beat 90% of investors over time.


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An LLC does not pay taxes on profits. As regards tax a LLC is treated as a Partnership, but instead of partners they are called members. The LLC is a passthrough entity. As in Partnerships members can have a different percentage ownership to the share of profits. The LLC reports the share of the profits of the members. Then the members pay the tax as an individual. The profit of the LLC is deemed to have been transferred to the members regardless of any funds transferred. This is often the case as the LLC may need to retain the profits for use in the business. Late paying customers may mean there is less cash in the LLC than is available to distribute.  The first answer is wrong, only a C corporation files a tax return. All other corporate structures are passthrough entities. The C corporation pays corporation tax and is not required to pass any funds to the shareholders. If the C corporation passes funds to the shareholders this is a dividend, and taxable to the shareholder, hence double taxation.


is this supremely tongue in cheek or is this candid i honestly can't tell. I've never known david brooks to be funny so I think he's being candid but that doesn't seem possible. He 'took' a hypothetical high school graduate to lunch and she started quaking at the thought of 'exotic' meats and spreads? He suggests a factor that segregate the upper and upper-middle class from the rest of society includes coded language about david foster wallace? That the surging costs of food (he specifically mentions whole foods), housing, healthcare, childcare, and education aren't what are sapping the purchasing power of a stagnant median income when factoring inflation, but it's the 'cultural codes'?   Is this guy sitting in a fucking high speed centrifuge carnival ride waiting for the blood to leave his head so he can type out a troll op-ed in the NYT? I can't imagine any other scenario where someone could dream up this nonsense lol.


>Meanwhile, rivals have fared better. On Aug. 1, Burger King Worldwide Inc. posted its third consecutive quarter of same-store sales growth in the United States and Canada. And on Aug. 7, Wendy’s said its quarterly same-store sales rose more than 3 percent.   sounds more like a loss to the competition.


While I don't hate Walmart and I do believe in the labor market, it's important to note that Walmart's taxes aren't earmarked specifically for the welfare benefits of its employees; they support _every_ part of the huge, US government spending machine.  It is fair to say, though, that if Walmart didn't pay their employees, then those employees would be sucking up even _more_ tax money in the form of welfare, costs of incarceration, and so on.


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In [We Are Market Basket](https://www.amazon.com/dp/B00TRF2LLK/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1), a corn supplier says they had to sell their product to Whole Foods that summer.  Whole Foods paid them less for their product than a discount grocery store.  The other side of that is that the corn Whole Foods was selling was the same corn carried at a discount grocery store.  Whole Food produce might be better than some other stores, but it isn't necessarily better (or even different) from what is carried at other stores.


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It is correct, in general. Gift tax is indeed at 35%, but you have the first 14K of your gift exempt from it for each person you give to, yearly (verify the number, it changes every year). You can also use your lifetime exemption ($5.45M in 2016, subject to change each year), but at the amounts you're talking about it still will not be enough. Charitable (501(c)) organizations, paying for someone's tuition or medical expenses (directly to the providers), political donations, transfer between you and your spouse - these are all exempt from gift tax. If you have 10 millions to give, I'm sure you can afford a $200 consultation with a EA/CPA licensed in your state.


Amazon hasn't done anything that hasn't been done in the entire retail industry for like a century. You can think Jeff Sessions is a piece of shit and still think that he shouldn't be fired.  Nuanced opinions are possible. Not everything is black and white.


This was a big reason for the [monopoly suit](https://en.wikipedia.org/wiki/United_States_v._Microsoft_Corp.). Did they (MS) come out ahead? I don't know, but I felt that OS/2 was dying anyway (IBM ... let's just say they didn't have a clue. MS knew they needed to coddle developers. IBM, well I asked about buying some developer documentation, after trying for weeks finally got a person who knew how to get some and was told that it would cost thousands of dollars. Suffice to say, didn't get far ).


>Sounds like something that should be free to me. Carry on.  Google's vested interest in mapping isn't necessarily in selling the data, it's in controlling the market, building better data and correlating it with users to deliver better advertising results as well as better results for local businesses.   Asking Apple to pay is a big check, but losing how many tens of millions of mobile users is definitely a blow to Google's quest, which is likely why they'll release a maps application for iOS that is free. The usage data is more important to them than charging for access to the data (at least, for now).


"Your mortgage terms are locked in; the servicer/new owner cannot  change the terms without your consent, but the servicer can be more aggressive in taking action  (as specified in your mortgage contract) against you. For example, if the mortgage agreement calls for penalties for missing a payment or making it late, your friendly neighborhood banker might waive the penalty if the payment is received a day late once (but perhaps not the second or the third time), but the servicer doesn't know you personally and does not care; you are hit with the penalty right  away. If the payment was received a day late because of delays in the post office, too bad. If you used a bank bill payment service that ""guarantees"" on-time arrival, talk to the bank. All  perfectly legal, and what you agreed to when you signed the contract. If you can set up electronic payments of your mortgage payments, you can avoid many of these hassles. If you are sending in more money than what is due each month, you should make sure that the extra money reduces the principal amount owed; easy enough if you are sending a physical check with a coupon that has an entry line for ""Extra payment applied to principal"" on it. But, the best mortgage contracts (from the bank's point of view) are those that say that extra money sent in applies to future monthly installments. That is, if you send in more than the monthly payment one month, you can send in a reduced payment next month; the bank will gladly hold the extra amount sent in this month and apply it towards next month's payment. So, read your mortgage document (I know, I know, the fine print is incomprehensible) to see how extra money is applied. Finally, re-financing your mortgage because you don't like the servicer is a losing proposition unless you can, somehow,  ensure that your new bank will not sell your new mortgage to the same servicer or someone even worse."


Because that's assuming you only go to the theatres once a month, not potentially every day. Also, people are going to completely stop buying individual tickets because why would you pay $5-10 for one ticket when you could get 30+ for $10.


"Don't do it until you have educated yourself enough to know what you are doing. I hope you won't take this personally, but given that you are wandering around asking random strangers on the Internet how to ""get into investing,"" I feel safe in concluding that you are by no means a sophisticated enough investor to be choosing individual investments, nor should you be trusting financial advisors to choose investments for you. Believe me, they do not have your interests at heart. I usually advise people in your position to start by reading one book: A Random Walk Down Wall Street by Burton Malkiel. Once you've read the book by Malkiel you'll understand that the best strategy for all but the most sophisticated investors is to buy an index fund, which simply purchases a portfolio of ALL available stocks without trying to pick winners and losers. The best index funds are at Vanguard (there is also a Vanguard site for non-US residents). Vanguard is one of the very, very, very few honest players in the business. Unlike almost any other mutual fund, Vanguard is owned by its investors, so it has no profit motive. They never try to pick individual stocks, so they don't have to pay fancy high-priced analysts to pick stocks. If you find it impossible to open a Vanguard account from wherever you're living, find a local brokerage account that will allow you to invest in the US stock market. Many Vanguard mutual funds are available as ETFs which means that you buy and sell them just like any other stock on the US market, which should be easy to do from any reasonably civilized place."


There's not usually a point to issuing new stock as a dividend, because if you issue new stock, it dilutes the existing shareholders by the exact same amount as the dividend: so now they have a few more shares, great, but they're worth the exact same amount. (This assumes that all stockholders are equal. If there are multiple share classes, or people whose rights to a stock are tied to the stock price in some manner - options, warrants, or something - then a properly structured stock dividend could serve to enrich one set of shareholders and other rights-holders at the expense of another. But this is usually illegal.) If this sort of dividends are popular in China, I suspect it is due to some freaky regulatory or tax-related circumstances which are not present in the United States markets. China is kind of notorious for having unusual capital controls, limitations on the exchange of currency, and markets which are not very transparent.


Thanks for posting that. It'll make a good read.  I've said recently that any economic stimulus our government spends needs to be on things that will be around after at least 10 more years. Just passing out money doesn't do anything, but investment in infrastructure provides a benefit after the spending.


There is some sense that negative interest rates make no sense, because then two things appear to happen Neither of these are true in reality. But then we are edging towards a deflationary time, during which the common understanding of money and what to do with money reverses. During deflation, spending is better (to an extent) because the buying power of money is less as time passes, so also saving is less worthwhile. But for the bond market (and your question), the reason why people are still investing in negative interest bonds, is that they are going to be looking to capital gain to make their money. Over time the bond price fluctuates and as the bond approaches maturity, the bond price equates to the face value minus whatever interest will be received, or in this plus whatever interest will need to be payed.


Do you have any idea what you want to do?  Companies never want to hire someone who is looking to 'stay in an area'.  They want someone that knows what they want to do.    As soon as you head down the CFA route you will end up in more of an analyst positions.  These positions (as a fellow applicant as well but with experience) are hard to get because of the large amount of people applying.    Accounting firms ARE hiring if your into that sort of thing.  Otherwise, volunteer at some local events like financial counseling.  I've hard two advisers be approached by firms for CFO positions in the few years I've worked.  It sounds like your doing the right things...just keep at it...I've been looking since February...


Well, I think the possibility to start a new company for each movie is detrimental -- the mother company gets the rewards of the risk without actually taking on the risk, and that's Simply Wrong[tm].    But while the possibility persists, it will be used..


Doing business in united state is not so much easy many time business owner wants to do their business by choosing Delaware llc Online incorporation so that they can able to get many legel benefits and also  able to get the state predictable business friendly laws. As forming the Delaware llc is very much easy and it also requires minimal information for forming the llc in the Delaware.


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I kinda agree with you.  From forums, one can see numerous complaints that seem to stem from quality issues or systematic manufacturing errors.  Samsung Android phones were good, but SGS and SGSII was I guess the turning point for many.


In the 2008 housing crash, cash was king.  Cash can make your mortgage payment, buy groceries, utilities, etc. Great deals on bank owned properties were available for those with cash.  Getting a mortgage in 2008-2011 was tough. If you are worried about stock market crashing, then diversification is key.  Don't have all your investments in one mutual fund or sector.   Gold and precious metals have a place in one's portfolio, say 5-10 percent as an insurance policy.  The days of using a Gold Double Eagle to pay the property taxes are largely gone, although Utah does allow it. The biggest lesson I took from the crash is you cant have too much cash saved.  Build up the rainy day fund.


A slightly different spin is that rather than banks sitting on the money, it's a lack of demand for loans.  With so many household balance sheets under water, households aren't borrowing or spending... so firms aren't borrowing to invest... and banks are faced with weak demand for loans.


Research the company that is all I can say this company has horrible reviews. They show on their Facebook page great reviews but if you really look through all reviews the high ratings are from past and current employees. All other reviews from actual home owners are bad. They make a lot of false promises and build very cheap homes that will not last without several costly problems within the near future. Most people that buy one of their houses sell it within a few years because they start having so many problems. They have outside vendors doing all the work and do not make these vendors very accountable. I know I was a manager with Rausch for several years. STAY AWAY!


It really is dependent upon your goals.  What are your short term needs?  Do you need a car/clothing/high cost apartment/equipment when you start your career?  For those kinds of things, a savings account might be best as you will need to have quick access to cash. Many have said that people need two careers, the one they work in and being an investor.  You can start on that second career now.  Open up some small accounts to get the feel for investing.  This can be index funds, or something more specialized.  I would put money earmarked for a home purchase in funds with a lower beta (fluctuation) and some in index funds.  You probably would want to get a feel for what and where you will actually be doing in your career prior to making a leap into a home purchase.  So figure you have about 5 years.  That gives you time to ride out the waves in the market. BTW, good job on your financial situation.  You are set up to succeed.


">It's dishonest to equate a purely digital media entity to a broadcaster.  Despite nothing dishonest about it.  You are doing nothing but splitting hairs here, why is beyond me.  >The argument does not stand up to scrutiny  If that was the case you would been able to refute it, you yet to been able to do so.  All you have done is make claims of my logic being faulty, which you have totally and utterly failed to show.  >I think this is the point that I refrain from rubbing your nose in not just your logical mistake  lol what mistake?  You act like you are this logical wiz, and yet I have successfully taking down your logic while you totally failed to destruct mine.  All you are doing now argument wise is ""but but but but but"".  You don't realize what Vice releases on their website is representative of all of their content.  Claiming they have good content when their content is on the level of Buzzfeed is outright laughable to say the least.  You claim your well verse in your media readings, but yet you continue to defend Vice as being quality content tooth and nail despite agreeing with me that the article was crap.  I highly doubt you can link me an article you think is high quality from Vice."


"The London Stock Exchange offers a wealth of exchange traded products whose variety matches those offered in the US.  Here is a link to a list of exchange traded products listed on the LSE.  The link will take you to the list of Vanguard offerings.  To view those offered by other managers, click on the letter choices at the top of the page.  For example, to view the  iShares offerings, click on ""I"". In the case of Vanguard, the LSE listed S&P500 ETF is traded under the code VUSA.  Similarly, the Vanguard All World ETF trades under the code VWRL.  You will need to be patient viewing iShares offerings since there are over ten pages of them, and their description is given by the abbreviation ""ISH name"". Almost all of these funds are traded in GBP. Some offer both currency hedged and currency unhedged versions.  Obviously, with the unhedged version you are taking on additional currency risk, so if you wish to avoid currency risk then choose a currency hedged version.  Vanguard does not appear to offer currency hedged products in London while iShares does.  Here is a list of iShares currency hedged products.  As you can see, the S&P500 currency hedged trades under the code IGUS while the unhedged version trades under the code IUSA. The effects of BREXIT on UK markets and currency are a matter of opinion and difficult to quantify currently.  The doom and gloom warnings of some do not appear to have materialised, however the potential for near-term volatility remains so longs as the exit agreement is not formalised.  In the long-term, I personally believe that BREXIT will, on balance, be a positive for the UK, but that is just my opinion."


Yes, depending on what you're trying to achieve. If its just a symbolic gift - you can use a service like this. There are several companies providing this service, look them up, but the prices are fairly the same. You'll end up getting a real stock certificate, but it will cost a lot of overhead (around $40 to get the certificate, and then another $40 to deposit it into a brokerage account if you want to sell it on a stock exchange). So although the certificate is real and the person whose name on it is a full-blown shareholder, it doesn't actually have much value (unless you buy a Google or Apple stock, where the price is much much higher than the fees). Take into account that it takes around 2 months for the certificate to be issued and mailed to you, so time accordingly. Otherwise, you can open a custodial brokerage account, and use it to buy stocks for the minor. Both ways are secure and legal, each for its own purpose and with its own fees.


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I should add that it's a good defensive measure in case your information gets hacked, as mine likely has. You need to do it with all three agencies, and it costs five of ten dollars. Equifax has waived the Dee.


It lowers the cost of capital.  Debt is generally a 'cheaper' form of financing, and in addition you have the benefit of interest being tax deductible.  Assume you have no capital to expand an existing business.  How do you fund it?  You could sell/issue some stock to outside investors for cash (or inject your personal cash into the business if you have it), or you can borrow the money.  General the borrowing is 'cheaper' as debt investors need a lower return than equity investors, because debt is less risky (has claims on the business assets before equity holders) than equity.


"Switching to only 401k or only SPY?  Both bad ideas.  Read on. You need multiple savings vehicles.  401k, Roth IRA, emergency fund.  You can/should add others for long term savings goals and wealth building.  Though you could combine the non-tax-advantaged accounts and keep track of your minimum (representing the emergency fund). SPY is ETF version of SPDR index mutual fund tracking the S&P 500 index.  Index funds buy weighted amounts of members of their index by an algorithm to ensure that the total holdings of the fund model the index that they track.  They use market capitalization and share prices and other factors to automatically rebalance.   Individual investors do not directly affect the composition or makeup of the S&P500, at least not visibly.  Technically, very large trades might have a visible effect on the index makeup, but I suspect the size of the trade would be in the billions.   An Electronically Traded Fund is sold by the share and represents one equal share of the underlying fund, as divided equally amongst all the shareholders.  You put dollars into a fund, you buy shares of an ETF. In the case of an index ETF, it allows you to ""buy"" a fractional share of the underlying index such as the S&P 500. For SPY, 10 SPY shares represent one S&P basket.  Targeted retirement plan funds combine asset allocation into one fund.  They are a one stop shop for a diversified allocation.  Beware the fees though.  Always beware the fees. Fidelity offers a huge assortment of plans.  You should look into what is available for you after you decide how you will proceed.  More later. SPY is a ETF, think of it as a share of stock.  You can go to a bank, broker, or what have you and set up an account and buy shares of it.  Then you have x shares of SPY which is the ETF version of SPDR which is an index mutual fund. If the company is matching the first 10% of your income on a 1:1 basis, that would be the best I've heard of in the past two decades, even with the 10 year vesting requirement.  If this is them matching 1 dollar in 10 that you contribute to 401k, it may be the worst I've ever heard of, especially with 10 year vesting.  Typical is 3-5% match, 3-5 year vesting. Bottom line, that match is free money.  And the tax advantage should not be ignored, even if there is no match. Research: I applaud your interest.  The investments you make now will have the greatest impact on your retirement.   Here's a scenario:  If you can figure out how to live on 50% of your take home pay (100k * 0.90 * 0.60 * 0.5 / 12) (salary with first 10% in 401k at roughly 60% after taxes, social security, medicare, etc. halved and divided by 12 for a monthly amount), you'll have 2250 a month to live on.  Since you're 28 and single, it's far easier for you to do than someone who is 50 and married with kids.  That leaves you with 2250 a month to max out 401k and Roth and invest the rest in wealth building.  After four or five years the amount your investments are earning will begin to be noticeable.  After ten years or so, they will eclipse your contributions.  At that point you could theoretically live of the income.  This works with any percentage rate, and the higher your savings rate is, the lower your cost of living amount is, and the faster you'll hit an investment income rate that matches your cost of living amount.  At least that's the early retirement concept.   The key, as far as I can tell, is living frugally, identifying and negating wasteful spending, and getting the savings rate high without forcing yourself into cheap behavior.  Reading financial independence blog posts tells me that once they learn to live frugally, they enjoy it.   It's a lot of work, and planning, but if you want to be financially independent, you are definitely in a good position to consider it. Other notes:"


Yes, they're referring to the credit card dispute (chargeback) process. In the case of dispute, credit card company will refund/freeze your charge so you don't have to pay until the dispute is resolved (or at all, if resolved in your favor). If the dispute is resolved in your favor, your credit card company will charge back the merchant's service provider which in turn will charge back (if it can) the merchant itself. So the one taking the most risk in this scenario is the merchant provider, this is why merchants that are high risk pay significantly higher fees or get dropped.


"This may be a great idea, or a very bad one, or it may simply not be applicable to you, depending on your personal circumstances and interests. The general idea is to avoid passive investments such as stocks and bonds, because they tend to grow by ""only"" a few percent per year. Instead, invest in things where you will be actively involved in some form. With those, much higher investment returns are common (but also the risk is higher, and you may be tied down and have to limit the traveling you want to do). So here are a few different ways to do that: Get a college degree, but only if you are interested in the field, and it ends up paying you well. If you aren't interested in the field, you won't land the $100k+ jobs later. And if you study early-childhood education, you may love the job, but it won't pay enough to make it a good investment. Of course, it also has to fit with your life plans, but that might be easier than it seems. You want to travel. Have you thought about anthropology, marine biology or archeology? Pick a reputable, hard-to-get-into, academic school rather than a vocation-oriented oe, and make sure that they have at least some research program. That's one way to distinguish between the for-profit schools (who tend to be very expensive and land you in low-paying jobs), and schools that actually lead to a well-paying future. Or if your interest runs more in a different direction: start a business. Your best bet might be to buy a franchise. Many of the fast-food chains, such as McDonalds, will let you buy as long as you have around $300k net worth. Most franchises also require that you are qualified. It may often make sense to buy not just one franchised store, but several in an area. You can increase your income (and your risk) by getting a loan - you can probably buy at least $5 million worth of franchises with your ""seed money"". BTW, I'm only using McDonalds as an example. Well-known fast food franchises used to be money-making machines, but their popularity may well have peaked. There are franchises in all kinds of industries, though. Some tend to be very short-term (there is a franchise based on selling customer's stuff on ebay), while others can be very long-lived (many real-estate brokerages are actually franchises). Do be careful which ones you buy. Some can be a ""license to print money"" while others may fail, and there are some fraudsters in the franchising market, out to separate you from your money. Advantage over investing in stocks and bonds: if you choose well, your return on investment can be much higher. That's generally true for any business that you get personally involved in. If you do well, you may well end up retiring a multimillionaire. Drawback: you will be exposed to considerable risk. The investment will be a major chunk of your net worth, and you may have to put all your eggs in none basket. If your business fails, you may lose everything. A third option (but only if you have a real interest in it!): get a commercial driver's license and buy an 18-wheeler truck. I hear that owner-operators can easily make well over $100k, and that's with having to pay off a bank loan. But if you don't love trucker culture, it is likely not worth doing. Overall, you probably get the idea: the principle is to use your funds as seed money to launch something profitable and secure, as well as enjoyable for you."


>Companies have been hiring younger workers because of purely cost-based considerations.  Nope all the economic evidence shows that young people without higher education pre-recession and pretty much all under 30s since the recession have been pushed out of the labour market in favour of older workers, already established workers taking pay cuts and part time work and in many lesser skilled areas immigrant labour.  >The problem is that most of the children we've dealt with feel completely entitled to a baby boomer salary   The entitled/not prepared for work etc arguments that people have started to make is bullshit and a ridiculous piece of nonsense spouted by business groups when asked why arent you hiring more. It was the same 10,20,30 years ago and i bet if you look back at any major recession businesses will spout the same nonsense.   You also complain of them jumping ship, then provide a career ladder, training and a competitive salary. Businesses destroyed job security and career progression in so many areas to save money they never think it costs them money and productivity in the long term.


"**YOU** see nothing wrong with judging someone based on their support of a candidate who proudly advertises his chauvinism, lies about the most trivial things, uses bullying tactics to ""negotiate"", doesn't understand how to make a deal, has far more failed businesses than successful ones, has shown a disdain for actually learning anything about his job, is ignorant about basic facts about the job he's persuing, appoints a known agent of a foreign government to be his national security adviser, violates various laws without concern, gets most of his information from tv, and apparently is too lazy to actually do his job is a good candidate?"


"There are two components of option valuation, the value that's ""in the money"" and the ""time value."" In the case of the $395 put, that option was already in the money and it will move less than the stock price by a bit as there will still be some time value there. $22.52 is intrinsic value (the right word for 'in the money') and the rest is time. The $365 strike is still out of the money, but as jldugger implied, the chance of it going through that strike is better as it's $6.66 closer.  Looking at the options chain gives you a better perspective on this. If Apple went up $20 Monday, and down $20 Tuesday, these prices would be higher as implied volatility would also go higher.  Now, I'd hardly call a drop of under 2% ""tanking"" but on the otherhand, I'd not call the 25% jump in the option price skyrocketing. Options do this all the time. Curious what prompted the question, are you interested in trading options? This stock in particular?"


"I wrote How Old is Your Credit Card? some time ago. The answer is yes, this helps the credit score, but this factor, age of accounts, is pretty minimal. Grabbing deals, as you did, I'm actually down to a ""C"" for this part of my score, but still maintain a 770 score."


What if everyone in college studied for a physics degree. How worthwhile would they be then?  Sure, a single individual can benefit from getting a difficult or niche degree, but I'm not sure that the system as a whole could benefit.


Payoneer and PayPal both allow you to connect your bank account to withdraw funds, that is likely your best option


You don't need to be religious to know that the West is morally bankrupt. Like Rome before the fall. Institutions crumbling, debt ridden, counterfit currency, barbarians flooding in, corruption and tyranny rampant.  Tolerance and Apathy are the last virtues of a dying society and we've got plenty of both.


Its best you start this venture as a Business entity. Whatever the customer pays you is your income. Whatever you pay to the hotel will be your expenses. Apart from this there will be other expenses. So essentially difference between your income and expense will be the profit of the entity and tax will be on the profit. If you do not want to start an Business entity and pay as an individual then please add the country tag, depending on the country there may different ways to account for the funds.


"Assuming you file state tax returns, you shouldn't buy Basic. Ever. Your choice is probably between the ""Premier"" version and the ""Business and Home"" version. Price difference is insignificant (I have a comparison on my blog, including short descriptions as to who might find each version useful the most). The prices have gone down significantly, since when I wrote the article, its cheaper now."


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This conversation is about energy futures, not generic securities. A moderately wealthy dilettante without a background in the subject is at an extreme disadvantage - since as a trader your edge is being able to identify market inefficiencies and profit from them, it's difficult to imagine being able to do this in a market you do not understand.


Do volunteer organizations seek people with math skills? I've honestly never paid much attention to volunteer work beyond recycling programs, so I never thought much about the subject. It could be pretty cool if I can volunteer somewhere for that field, though.


Thank you for being polite. To be fair, I suppose if you had a good career path and the industry nose-dived then you could end up working a low wage job even if you had some kills (that, for whatever reason, are no longer in demand).


"He's misunderstanding Buffett's argument, which is that all forms of investment compete, and so when interest rates give you guaranteed low returns, it makes sense for stocks to give you average low returns.  That implies *high* prices for current stocks, because your return on equities is the price tomorrow over the price today.  Buffett would likely agree with him that this implies slow growth in the future, though he may not want to say so for competitive reasons.  Historical P/E norms are a more wrong metric, because they don't capture any fundamental change that might have happened in the economy.  What's likely going on is a surplus of capital: as business becomes more efficient (i.e. generates more revenue with fewer workers), that excess cash flow becomes investable capital, but as it becomes more efficient (i.e. less of that revenue filters down to workers in the form of wages that they can spend on consumer goods), the amount of productive uses where that capital can be effectively deployed in income-generating activities declines.  More capital + fewer investable opportunities = higher supply + lower demand = the price of securities for the few areas of the economy that *are* doing well increases.  This is why you see insane valuations for tech companies.  If we do get a major economic crash, it will likely come from a Carlota Perez-style financial crisis, where all the money gets concentrated within emerging new industries focused on new technology, who can't sell their products because nobody else has any money.  We're on the path to that already, but it will likely take a decade or two to play out; there's still a lot of money left in the ""old economy"" which can be extracted.  Also, these style of financial crises usually are accompanied by war and a breakdown of the established political order, and so all bets are off anyway."


"Average person's life I'm going to say there is no normal debt level. Here's the standard life pattern: So it really depends on your situation, it's way too spread out to quote a ""normal"" figure. Cost of debt vs Gain from assets and Risk of income You need to strike a sweet spot based on: Someone who is more educated in finance will probably be able to run a tighter and more aggressive financial strategy, whereas someone who is educated in, say, creative media may not be able to do as good of a job. Running your life as a business Someone here mentioned this, I think it's very true. Unless you intend on living day to day, with no financial strategies, much of our lives parallel businesses. Both need to pay tax, both look for low risk high growth strategies, and both will (hopefully) have a purpose that goes beyond bringing in $$$."


December, 7, 2011 ( 01:50 pm) :-  Bullion are sparked at the late or and session of MCX & Comex.  USA investors are not worried about the coming events because European leaders signals that IMF providing help for European countries who are facing financial crisis.  Crude oil momentum also range bound whole day, a rising tension on the Iran exports resistance will trigger oil prices will at new high.  Silver have strong resistance at $ 33.20 above this level it's trend bullish under this its trend totally down.  Gold have strong resistance at $ 1742 above this trend totally bullish side & unless its in down trend.


Are there examples?  Seems region and state located stores are very much thriving with no plan of a buyout. They've been around for 30+ years.  I hope that quote is wrong because food companies who respond to millions of people requesting higher profits each quarter isn't good for the customer.


"That's an apples to oranges comparison. If they need a drinkable source of calcium and protein that ""goes with breakfast"" or whatever there are dozens of nondairy options that aren't produced by evil corporations, destroying the environment, and are actually intended for human consumption."


"The golden rule is ""Pay yourself first."" This means that you should have some form of savings plan set up, preferably a monthly automatic withdrawal that comes out the day after your pay is deposited. 10% is a reasonable number to start with. You are in a wonderful situation because you are thinking about this 10-15 years before most of us do.  Use this to your advantage. You are also in a good situation if you can defer the purchase of the house (assuming prices don't rise drastically in the next few years -- which they might.)  If your home situation is acceptable, then sit down with the parents and present a plan.  Something along the lines of:  I'd like to move out and start my   life.  However, it would be   advantageous to stay here for a few   years to build up a down payment and   reserve.  I'm happy to help out with   expenses, but do need a couple years   of rent-free support to get started. Then go into monk mode for one year.  It's doable, and you can save a lot of cash. Then you're on the road to freedom."


The office hasn't been relevant for 40 years.  It's a nonsense king chimp position.  The entire mess of a government needs to be refactored to account for the fact that we can communicate instantly and don't ride around on horses anymore.


"Nothing necessarily has to ""benefit."" Right now, what primarily drives demand for gold is its perceived use as a hedge against the inflation of fiat currency. I.e. when inflation strikes, the price of gold goes up rapidly. Thus, for a given currency, gold decreasing in price is almost always a signal that the currency is increasing in value. However, it may be that at some point in time people everywhere just decide that gold is no longer worth using as an inflation hedge, and thus the price collapses simply because demand collapsed. No corresponding ""benefit""."


One bank is more willing to risk losses and customer hassle in exchange for lower processing costs than the other bank is. It's strictly a business decision. Regarding how they detect suspicious transactions: Patten detection based on your past usage history. I've gotten calls asking me to confirm that I just placed a large order with a company I'd never bought from before, or in a country that I haven't previously visited, or...


Talk to a good tax accountant in the UK who deals with this sort of thing, as it sounds like most of the issues concern local tax. You actually have at least four different ways to do this transaction: You definitely need good local tax and legal advice. No matter how you do it, if the borrower defaults, it will be socially ugly and will involve some kind of collection or legal action if you want your money back.  If it were me, I think I'd choose the lease with option to buy. At least that way you may be able to inspect the property from time to time, make sure it is kept up, and be able to get it back through eviction rather than foreclosure.


In a nutshell, there are significant entrance hurdles, legally and especially financially. The fixed cost and effort to get it set up is high (although later, the proportional cost and efforts are negligible). Therefore, this is only of interest for taxable amounts of seven digits or more - which most people don’t reach.


Are you trying to get someone to do your homework for you?  This question has been answered repeatedly in the negative by everyone who actually studies the economy.  Read Mundell-Flemming model, and learn this stuff.  You can see why currency regimes like the Euro make sense from a theoretical stand point, but where flexible exchange rates are a welcome release valve for pressures.  You obviously have never studied economics. Hyper inflation doesn't happen becuase of floating exhange rates.  Hyperinflation happens when people lose faith in the governing body, regardless of who that is.  You think political regimes won't change just because there is one currency?  No, they will still spent 1.05 for every dollar they bring in taxes.  Hyperinflation is not a problem of floating exchange rates, it doesn't follow from any causal relationship.


The biggest flaw in the unemployment rate is that it does not count individuals who have fallen off the unemployment benefit rolls. So if your unemployment has lasted longer than your unemployment benefits, guess what, your not unemployed anymore and the rate decreases. Also as this older article below illustrates, individuals are being pushed into other programs as a means to survive further removing them from employment opportunities.   http://www.marketplace.org/topics/economy/when-unemployment-runs-out-whats-next


"If something is tax-deductible in the US, it means that, in the eyes of the Internal Revenue Service, you effectively didn't earn that money.  Within restrictions, your adjusted gross income, which is the income that your tax is calculated on, is reduced by the amount of your tax deductions.  In the case of the ASPCA, they've jumped through the appropriate hoops to become a 501(c)(3) organization, which, among other things, means that donations to them are tax-deductible by the donor (a) if they itemize, and (b) if they haven't reached a donation cap.  That's the carrot that encourages donations to these organizations.  There are restrictions, meaning that there can be only certain types of privileges or exchange between the donor and the organization.  Essentially, it has to be a donation, and not a purchase of substantial goods or services.  Your donation to these kinds of organizations doesn't hurt their funding elsewhere, or shouldn't. As mentioned above, if you don't itemize your deductions, you won't gain any extra tax savings from the donation.  (You shouldn't itemize if you're better off taking the standard deduction.)  Having said that, though, please give whatever you're led to give, after considering all of the ramifications (financial and spiritual).  The tax deduction is only a subsidy; the IRS doesn't ""pick up the whole tab"" but only refunds a fraction to you in the form of tax savings through itemized deductions.  If you don't feel you have the money, then donate your time.  It might be more needed anyway!"


break fast is easy to make, lunch and dinner can be prepped on sundays. check out the sundaymealprep subreddit. there are tons of easy to make recipes, and you will save literally thousands every year. if that still doesnt seem appealing, just imagine that you are being paid to cook your own food because that is pretty much what is happening.


I'm amazed at how much debt my mom was able to accumulate before they finally cut her off. And it was all unsecured debt so there was jack shit they can do about her defaulting.  If you're poor, and old (no assets, no house, no nothing), it makes sense to go as far into unsecured debt as possible.


"Pay it off. If necessary, get a loan so you can pay it off; that's what refinancing is all about and your favorite bank or credit union would be happy to help you with this. If that isn't sufficient to make the car affordable you may need to sell it, take the loss, and learn from the experience. Sorry, but you made an agreement and it's up to you to find a way to meet your end of the bargain. (If you had decided you didn't like this loan within a few days of signing, you might have been able to back out under ""cooling off period"" laws. But those only allow a very limited time for reconsideration.)"


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I'm a big fan of indie movie theaters. But I'm going to have to advise you to come up with another idea if you want a for profit business. Many independent theaters are non-profits, others are vanity investments by wealthy owners who don't mind losing money. The rest just go under. Also, if you don't have any industry knowledge you will never make it to opening night.


"The thing with advancing technology is that cameras have become cheaper and everybody has computers. Teenagers know how to use photoshop. So I don't see the pressure on photographers going away any time soon. It's like the porno industry that is getting squeezed because everybody who has a camera and a computer can make one. The professional quality is better. But the amatuer quality products have caught up to the point where it can start competing. Some people are happy with being able to say ""I took a photo for the cover of Time""."


Two simple possibilities:


Just got back from the office, so I can better answer it now. The trader uses the Metatrader platform, which is programmed with a language based off C++. I'm working with him to update some algos now. His strategies running on ToS are more or less proof-of-concept that he streams right now as he sources investors.


Actually, they wouldn't get arrested. They could probably get away with doing it a lot of the time if the job isn't one where the public visits, as inspectors only come around infrequently. As long as they have someone designated to run ahead and unlock the exit before the inspector sees it, they wouldn't even get caught most probably. Even if they did get caught, the company would just get a fine and a re-inspection. They'd probably even notify the company when the next inspection is coming ahead of time so that they'd have an even easier time of hiding it. At least this has been my experience of things like this.  Edit to add:  I have no experience of unions myself. Some of my relatives have / do work in unionized shops. Overall their experience has been fair to good. An interesting point relating to the union argument: It was pointed out when they had the protests over the teacher unions that teachers in states where there are unions cost the states a good percentage more. As in their pay rate is higher, and their benefits are better. So the argument of the states as a reason for banning collective bargaining for teachers / public employees is that they'll be able to pay them less because they'll have less recourse.


"Yes! Banks, Insurance companies, and other ""financial"" service companies do not contribute anything to the economy.  They are mostly a burden and added costs on those who earn money by MAKING things and adding value to existing things, from manufacturers, to transportation, retailers, services, etc."


She was cruise director Julie. Anybody with reasonable dedication could have done that job. Anyone who was ever a successful camp counselor.  Her lack of depth and ability was exposed - painfully - at yahoo. Way out of her depth. And yeah, given the same lottery ticket I think I could have done much better. Most anyone who ever ran a company for real  would have.


But this is the same for all businesses. Expenses suck, but their a part of doing business. This is such a predictable expense as well.  Interestingly in Norway we have maternity/paternity leave that totals 12 months. Recently 3 months of this has been made into paternity leave only. This means that the risk of losing an employee for at least 3 months exists for both genders (while still the chance of a women being gone for longer is still higher).  Realistically, many men take 6 months (and some even more).


Extended illness/disability that prevents you from being able to work. Edit: Leigh Riffel: So, why should this be expected, and how should it be planned for? Some of us may be fortunate enough that this never happens, but I've known enough unlucky people to have seen that it can and does happen. Prepare for it with:


Yes, the supply side is probably permanently restricted, and if NIMBY/regulations eased, there might be a temporary dip in prices (possibly even something that could be regarded as a bubble pop, but in reality that is very unlikely.)  The self-regulating system I see is on the demand & employment side; companies can't keep raising wages but still require the workers, so they will have to sort workers by location: executives, creatives, and professionals in large cities; back-office white-collar in suburbs and/or smaller cities and production/manufacturing in rural areas.


Diversification is one aspect to this question, and Dr Fred touches on its relationship to risk.  Another aspect is leverage: So it again comes down to your appetite for risk.  A further factor is that if you are successfully renting out your property, someone else is effectively buying that asset for you, or at least paying the interest on the mortgage. Just bear in mind that if you get into a situation where you have 10 properties and the rent on them all falls at the same time as the property market crashes (sound familiar?) then you can be left on the hook for a lot of interest payments and your assets may not cover your liabilities.


As I have worked for H&R Block I know for a fact that they record all your activity with them for future reference. If it is their opinion that you are obligated to use their service if you use some other service then this, most likely, will affect your future dealings with them.  So, ask yourself this question: is reducing their income from you this year worth never being able to deal with them again in future years? The answer to that will give you the answer to your question.


Comparing zoning laws, which have a real effect on property rights and values, not to mention permanent alterations of the landscape, to ridesharing companies who negatively impact the taxi industry, are not comparable.    I'm not sure what industry is comparable,  but not zoning.  Again, if laws are stupid, counter productive, and a drain on society, I fully support busting them up.  Without a company like Uber, Taxis would still be the best mode of transportation around NYC.  Taxis would have no real incentive to innovate because they have been in their protective cocoon for the last 60-70 years.  If Uber would have tried to do it legally, it would have backfired monumentally on them.  The taxi industry would have fought them tooth and nail, and consumers wouldn't have weighed in because they wouldn't have known any better.  Uber has shown passengers what service can be like and now virtually no one wants to go back to the days of smelly yellow cabs.


"This is the best tl;dr I could make, [original](https://www.nakedcapitalism.com/2017/08/case-consumption-tax.html) reduced by 87%. (I'm a bot) ***** > You often hear calls out there - mostly from Right economists but also from some on the Left - for a consumption tax in the U.S. As presented, it&#039;s a super-simple idea: tally your income, subtract your saving, and what&#039;s left is your consumption.  > The tuition line raises a particularly vexing question, and brings us back to the second question: what economic effects would we see from a consumption tax, under various accounting and taxation rules? Clearly, if you tax tuition, you discourage education.  > A consumption tax, compared to, say, a wealth tax or a land-value tax, is a direct assault on GDP and GDP growth.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6txd1l/the_case_against_a_consumption_tax/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~191594 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*: **consumption**^#1 **Save**^#2 **tax**^#3 **account**^#4 **family**^#5"