"There are many different methods for a corporation to get money, but they mostly fall into three categories: earnings, debt and equity.  Earnings would be just the corporation's accumulation of cash due to the operation of its business. Perhaps if cash was needed for a particular reason immediately, a business may consider selling a division or group of assets to another party, and using the proceeds for a different part of the business. Debt is money that (to put it simply) the corporation legally must repay to the lender, likely with periodic interest payments. Apart from the interest payments (if any) and the principal (original amount leant), the lender has no additional rights to the value of the company. There are, basically, 2 types of corporate debt: bank debt, and bonds.  Bank debt is just the corporation taking on a loan from a bank. Bonds are offered to the public - ie: you could potentially buy a ""Tesla Bond"", where you give Tesla $1k, and they give you a stated interest rate over time, and principal repayments according to a schedule. Which type of debt a corporation uses will depend mostly on the high cost of offering a public bond, the relationships with current banks, and the interest rates the corporation thinks it can get from either method. Equity [or, shares] is money that the corporation (to put it simply) likely does not have a legal obligation to repay, until the corporation is liquidated (sold at the end of its life) and all debt has already been repaid. But when the corporation is liquidated, the shareholders have a legal right to the entire value of the company, after those debts have been paid. So equity holders have higher risk than debt holders, but they also can share in higher reward. That is why stock prices are so volatile - the value of each share fluctuates based on the perceived value of the entire company.  Some equity may be offered with specific rules about dividend payments - maybe they are required [a 'preferred' share likely has a stated dividend rate almost like a bond, but also likely has a limited value it can ever receive back from the corporation], maybe they are at the discretion of the board of directors, maybe they will never happen. There are 2 broad ways for a corporation to get money from equity: a private offering, or a public offering. A private offering could be a small mom and pop store asking their neighbors to invest 5k so they can repair their business's roof, or it could be an 'Angel Investor' [think Shark Tank] contributing significant value and maybe even taking control of the company. Perhaps shares would be offered to all current shareholders first. A public offering would be one where shares would be offered up to the public on the stock exchange, so that anyone could subscribe to them. Why a corporation would use any of these different methods depends on the price it feels it could get from them, and also perhaps whether there are benefits to having different shareholders involved in the business [ie: an Angel investor would likely be involved in the business to protect his/her investment, and that leadership may be what the corporation actually needs, as much or more than money]. Whether a corporation chooses to gain cash from earnings, debt, or equity depends on many factors, including but not limited to: (1) what assets / earnings potential it currently has; (2) the cost of acquiring the cash [ie: the high cost of undergoing a public offering vs the lower cost of increasing a bank loan]; and (3) the ongoing costs of that cash to both the corporation and ultimately the other shareholders - ie: a 3% interest rate on debt vs a 6% dividend rate on preferred shares vs a 5% dividend rate on common shares [which would also share in the net value of the company with the other current shareholders].  In summary: Earnings would be generally preferred, but if the company needs cash immediately, that may not be suitable. Debt is generally cheap to acquire and interest rates are generally lower than required dividend rates. Equity is often expensive to acquire and maintain [either through dividend payments or by reduction of net value attributable to other current shareholders], but may be required if a new venture is risky. ie: a bank/bondholder may not want to lend money for a new tech idea because it is too risky to just get interest from - they want access to the potential earnings as well, through equity."


There is the Fed Unwind . . . .fun fun fun  and I think it is far more important to address corruption in the Political and Economic system than Tax the poor and free the Rich from Taxes because its good for the economy.  In fact this belief that Lowering Taxes for the rich and taxing the poor is a function of Corruption in the system


Currently my online savings account pays an interest rate of 1.25%.  With 100K, I can earn about $104 per month in that account.  No risk, no timing, no fuss. So in theory you can make money by small changes in the valuations of stock.  However there are often better, risk free options for your money; or, there are much better options for returns with much less risk, but more than that of a bank account.


I'd say not really either. Considering if they choose a realistic skill set and let's say on average earn extra $10K a year, then it pays off in two years and they are ahead. Very moderate example, likely they average much more a year.


"Well, with a (pretend) 40 hour work week, it comes out to about $480/hour, which is easily 10x what most people make, many of whom also have always-on-call jobs.  Despite being always on call, 24/7 isn't quite the right description... I think it's more fair to assume/compare to 80-100 hours/week.  That would still net comfortably around $200/hr.    Yu als have to add in perks and bonuses, as CEO salary is typically 1/3 to 1/4 of their total compensation (remember, Steve Jobs was since 2003 the highest paid CEO in the country, with a 'salary' of $1/year).  With the total package against total hours actually worked (including sorting email and taking phone calls at home on your own tine), I would still estimate the total package to be around $400-500/hour.     A generous sum it is, but I still agree with your main point... I wouldn't want it.  I feel like after you can afford a nice house with a room for each member of the family, a reliable car for each driver, and tuition to send kids to a bratty private school and college, the ""usefulness"" of money drops way, way off."


>As it stands I think home pricing is a complete fucked up retarded system that mostly depends on your neighbors house values. The whole things is a shambles.  To an extent.  I would gladly pay more money to have neighbors who care about their properties though.


"Most states have a ""cap"" on the amount a ""heir finder"" can charge for retrieving the property.  It is generally around 10%.  Even if the state does not have a particular statute you can usually negotiate the rate with the company.  Thirty-percent is extortion, if they won't do it for less, someone else will."


Did you read her article? She actually has depression and anxiety.   Why do people always assume it is not diagnosed? And one, I admire her honesty. Many people lie for why they are sick. She didn't have to give the reason, and it was a valid one. If you don't have depression, anxiety, or some form of mental illness, you may have no idea how much one day, heck, even 5 minutes can restore you. Not every condition is all Hollywood psyche ward.


I think it will be good for certain infrastructure sects to be privatized. Since when has the government ever completed anything on budget or on time? Let someone else put their dollar at risk, not ours. Just one less thing the government has control of. I'm open to some change. We'll see what happens.


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"> We are all surviving just fine with the laws that are in place right now.  Read a newspaper or a science magazine lately?  The reason the world needs heavy emissions taxes is that, if scientific consensus is accurate, things are getting warmer really fast.  And if things get much warmer, hundreds of millions will die - at least.    We need emissions taxes to prevent a horrible future, not because we aren't ""surviving"" today."


Also, interest rates and credit risk directly corelate to Greece's ability to service the debt.  Japan could be at 400% and Greece 50%, but if they can't make payments or have credit good enought to refi the debt, that's when they will default.   Meanwhile, the fact that they are risky drives up rates further and makes it even harder to make payments.  It's called the death spiral.   Japan has low rates, solid GDP and good credit = non-issue.


I work for a hedge fund, not wealth management, but I assume that client information is treated similarly. Misplacing it is a huge deal. The company will probably need to formally investigate it and inform all the clients involved. Even if they can prove that no one looked at the information it's going to make clients question the company's procedures. I could see it being a firing offense,depending on how many clients were affected and the nature of the data. Sorry if that's not what you wanted to hear.


Let me first give you my definitions of the words 'investor' and 'speculator'. To me, anyone looking to 'buy low, sell high' is a speculator. Only 'buy and hold' people are investors.  The news agencies love to report on changes in the price of a stock. This gives them something to talk about. So speculation is encouraged by the news media. What investors care about is dividends. In my opinion whatwhat news agencies should report on are changes to the dividend provided by a security.  I used to be a speculator, but now that I am retired I am an investor.


"Apparently with all your advanced knowledge you have no idea what ""former"" means, but thanks, I have no desire to return to my 2010-2012 habits.  Once again, your dickbag, condescending remark is so off the mark, and it's incredibly ironic you are telling others ""not to be a dick"" when you are the biggest cockhead in this fucking thread.  I mean BY GOLLY just simply don't take pain pills and don't get addicted, WHY THE FUCK DIDN'T ANYONE THINK OF THAT??  You fucking moron. If only you knew how many people in YOUR life are addicted to prescription opiods that you have no idea about.  By the way, fuckface, I got addicted after having eye and lung surgerty and having an IV dilaudid drip. Glad you wisdom teeth percs didn't get you addicted though!  Fuck yourself, you judgemental prick"


You need to have a lot of money to play with direct bond investing safely. Trading bonds is not for amateurs, and the layman-friendly publications don't provide a lot of guidance. Unless you're prepared to hold a bond to maturity, the prices of even high quality bonds swing wildly.  If you need a source of income, but not necessarily the ability to make money trading the bonds, look at Savings Bonds (specifically I-Bonds).


Normally, incorporation is for liability reasons.  Just file your taxes as a business.  This just means adding a T2125 to your personal return.  There's no registering, that's for GST if over a certain threshold. There's even a section in the instructions for internet businesses. http://www.cra-arc.gc.ca/E/pub/tg/t4002/t4002-e.html#internet_business_activities This is the form you have to fill out.  Take note that there is a place to include costs from using your own home as well.  Those specific expenses can't be used to create or increase a loss from your business, but a regular business loss can be deducted from your employment income. http://www.cra-arc.gc.ca/E/pbg/tf/t2125/t2125-15e.pdf


The GOP has a lazy Susan of bad ideas.  The proposed tax cuts would reduce federal revenue by two and a half trillion dollars over the next ten years.  The argument in favor is that cutting taxes will boost the economy enough to make up for the cuts.  IT NEVER DOES. Ever.  The proposal is loaded with tax cuts for wealthy folks.  Some middle class folks will see an increase because there won't be a deduction for mortgage interest and property taxes.  Thanks Obama.


"Trying to ""time the market"" is usually a bad idea. People who do this every day for a living have a hard time doing that, and I'm guessing you don't have that kind of time and knowledge.  So that leaves you with your first and third options, commonly called lump-sum and dollar cost averaging respectively.   Which one to use depends on where your preferences lie on the risk/reward scpectrum. Dollar cost averaging (DCA) has lower risk and lower reward than lump sum investing. In my opinion, I don't like it. DCA only works better than lump sum investing if the price drops. But if you think the price is going to drop, why are you buying the stock in the first place? Example: Your uncle wins the lottery and gives you $50,000. Do you buy $50,000 worth of Apple now, or do you buy $10,000 now and $10,000 a quarter for the next four quarters? If the stock goes up, you will make more with lump-sum(LS) than you will with DCA. If the stock goes down, you will lose more with LS than you will with DCA. If the stock goes up then down, you will lose more with DCA than you will with LS. If the stock goes down then up, you will make more with DCA than you will with LS. So it's a trade-off. But, like I said, the whole point of you buying the stock is that you think it's going to go up, which is especially true with an index fund! So why pick the strategy that performs worse in that scenario?"


I think you'll find some sound answers here: Money Creation in the Modern Economy by the Bank of England Where does money come from?  In the modern economy, most money takes   the form of bank deposits. But how those bank deposits are created is   often misunderstood. The principal way in which they are created is   through commercial banks making loans: whenever a bank makes a loan,   it creates a deposit in the borrower’s bank account, thereby creating   new money.  This description of how money is created differs from the   story found in some economics textbooks.


I think you're right, it is a big problem, and one without an apparant solution.  Because of the distributed nature of investors, it's difficult to organize them into a body that would seek and pay for suck ratings.  It's like a threesome principal agent problem.  In a perfect world, there would be more control exercised by investors.  But due to the manner in which the modern world saves, this is also very difficult.


I have taken to using the service TransferWise. I have found them to be faster and cheaper and easier than using SWIFT, given the US Banking's... antiquated system of doing things. I've made dozens of transfers between my international accounts with TransferWise over the past 18 months. Some of them very large and some of them tiny, and even when there's been an issue (I once wrote an offensive joke in my narration for the transfer and they noticed) they have handled it respectfully and quickly. Prior to transferring money to US accounts, I used the SWIFT system - but SWIFT has a pretty spotty record in the US. Some banks you can do it all online but other banks, as Dheer mentioned, you have to go into the bank and sometimes find a senior staff member before you can find someone who even knows what SWIFT is.


The best scenario I've heard is by Tyler Cowen:   Basically, the Greek Government runs out of Euros.  So they print up IOUs to issue to their workers, pensioners, etc promising payment of Euros at some future date.   The first day, some wag holds up the IOUs says 'hey, look at these drachmas'.  By the seventh day, the IOUs are trading at a discount - there's an exchange rate between the IOUS and Euros, and you in essence have a Drachma currency.  What that does in terms of converting external debts, bank accounts, and etc from Drachmas into Euros I'm not sure about.   Obviously this isn't the best way to go about getting out of the Euro, but it's the best 'muddle through' option and given how Europe in general has been dealing with this problem it's highly probable this is the method they'll take.


"If you're looking for a well-rounded view into what it's like to actually own/manage real-estate investments, plus how you can scale things up & keep the management workload relatively low, have a look at the Bigger Pockets community.  There are blogs, podcasts, & interviews there from both full-time & part-time real estate investors. It's been a great resource for me in my investments. More generally, your goal of ""retiring"" within 20 years is very attainable even without getting extravagant investment returns.  A very underrated determinant in how quickly you build wealth is how much of your income you are contributing to investments. Have a look at this article: The Shockingly Simple Math Behind Early Retirement"


You should be receiving monthly P&L statements at the very least. Who did you have filing taxes, doing payroll, performing audits? It seems that many restaurants and bars have a slippery cash issue where profits seem to just slide out the doors. Everyone touching cash might be skimming and if the manager is doing all the totals and reconciling the tills and filing taxes then that single point of failure is going to KILL you.


Its not going off at a tangent. You need to be fully grounded in healthcare in order to understand it. If you are grounded in economic abstraction you will never understand it, because it is not like any other economic activity.    If you treat it like a business, it will be very expensive because it deals with the most precious thing that people have, their lives.


That is a false equivalence.  That worked because Microsoft is in a dominant position, owns the channel and could afford to lose money on its platform for a long time. I don't remember how long MSFT lost money on the XBox. It might still be doing it and making money some other way,  Would XBox have even worked if all Microsoft did was to charge a monthly fee for using the XBox, while the rest of the platform was owned by Sony(or Nintendo) and they had a strong incentive to not let MS succeed?


Not true at all, one is a hard to calculate double tax that stifles growth and adds weird, usually unexpected, incentives into the market, and the other taxes wealth.  Even the bluest economist should support an end to corporate tax, because it becomes a way to tax lower-class citizens higher than they would without it.  Every middle-class family has a 401k or other IRA which is being taxed due to corporate taxes.  Corporate taxes also are passed on to low wage consumers, depending on the elasticity.


"This kind of investment is called ""sweat equity"".  It is sometimes taken into account by lenders and other investors.  Such investors look at the alleged value of the input labor with a very skeptical eye, but they often appreciate that the entrepreneur has ""skin in the game"". The sort of analysis described by the original poster is useful for estimating ""economic profit"" -- how much better off was the entrepreneur than if he had done something else with his time.  But this sort of analysis is not applicable for tax purposes for most small businesses in the United States. It is usually not in the entrepreneur's interest to use this method of accounting for tax purposes, for three reasons: It requires setting up the business in such a way that it can pay him wages or salaries for his time.  The business might not have enough cash resources to do so.  Furthermore, setting up the business in this way requires legal and accounting expertise, which is expensive. If the entrepreneur does set up the business like this, the wages and salaries will be subject to tax.  Wage and salary tax rates are often much higher than capital gains tax rates, especially when one considers taxes like Social Security taxes, Medicare taxes, and Business & Occupation taxes. If the entrepreneur does set up the business like this, the taxes on the wages and salaries would be due long before the hoped-for sale of the company.  The sale of the company might never happen.  This results in a time-value-of-money penalty, an optionality penalty, and a risk penalty."


"The only good reason I find to close cards are: it's a card with an annual fee that you don't need.  No point bleeding money each year. churning rewards.  Open card to get bonus promotion such as ""spend $500 in first 3 months, get $200 bonus"".  Close card and open a year later to do that same bonus again if available.  Many cards don't allow you to do this. making room for newer cards at the same bank.  Example, you have 5 Chase Cards and you want to apply for a 6th.  Chase says you have maximized your credit they will extend you.  You close one of your existing cards to get that new card. I have seen that many banks allow you to shift over some over your existing available credit to your new card without having to close them."


1. BRK.A is a listed Co so it doesnt face redemption problems on its funds.    2. BRK.A is a listed Co, so the valuation of its holdings is depending on its own auditor w/ little scrutiny, aka, it mark could be more flexible and doesn't hurt its asset book.


Step 1)I answer the phone saying it is illegal to call my cell phone and I want all further communications in writing. Put this number on the do not call list and reverse search the number they dialed. Step 2) I say that whoever changed their number and how long I have owned the number and I call forward when they don't stop. I forward calls through google voice and mark them as spam. They get a sorry number was disconnected recording. Step 3) REALLY HARSH. I say the person passed away only if they aren't deterred enough by the previous efforts or they get cross into extreme harassment. Usually Step 1 is enough to stop the calls no matter who they ask for.


If you are using the money to invest in a property (even abroad) then you can claim tax exemption. while some people will tell you that the reinvestment should be in India only, it have been ruled that the property can be purchased abroad too..


Here is an example for you. We have a fictional company. It's called MoneyCorp. Its job is to own money, and that's all. Right now it owns $10,000. It doesn't do anything special with that $10,000 - it stores it in a bank account, and whenever it earns interest gives it to the shareholders as a dividend. Also, it doesn't have any expenses at all, and doesn't pay taxes, and is otherwise magic so that it doesn't have to worry about distractions from its mathematical perfection. There are 10,000 shares of MoneyCorp, each worth exactly $1. However, they may trade for more or less than $1 on the stock market, because it's a free market and people trading stock on the stock market can trade at whatever price two people agree on. Scenario 1. MoneyCorp wants to expand. They sell 90,000 shares for $1 each. The money goes in the same bank account at the same interest rate. Do the original shareholders see a change? No. 100,000 shares, $100,000, still $1/share. No problem. This is the ideal situation. Scenario 2: MoneyCorp sells 90,000 shares for less than the current price, $0.50 each. Do the original shareholders lose out? YES. It now has something like $55,000 and 100,000 shares. Each share is now worth $0.55. The company has given away valuable equity to new shareholders. That's bad. Why didn't they get more money from those guys? Scenario 3: MoneyCorp sells 90,000 shares for more than the current price, $2 each, because there's a lot of hype about its business. MoneyCorp now owns $190,000 in 100,000 shares and each share is worth $1.90. Existing shareholders win big! This is why a company would like to make its share offering at the highest price possible (think, Facebook IPO). Of course, the new shareholders may be disappointed. MoneyCorp is actually a lot like a real business! Actually, if you want to get down to it, MoneyCorp works very much like a money-market fund. The main difference between MoneyCorp and a random company on the stock market is that we know exactly how much money MoneyCorp is worth. You don't know that with a real business: sales may grow, sales may drop, input prices may rise and fall, and there's room for disagreement - that's why stock markets are as unpredictable as they are, so there's room for doubt when a company sells their stock at a price existing shareholders think is too cheap (or buys it at a price that is too expensive). Most companies raising capital will end up doing something close to scenario 1, the fair-prices-for-everyone scenario. Legally, if you own part of a company and they do something a Scenario-2 on you... you may be out of luck. Consider also: the other owners are probably hurt as much as you are. Only the new shareholders win. And unless the management approving the deal is somehow giving themselves a sweetheart deal, it'll be hard to demonstrate any malfeasance. As an individual, you probably won't file a lawsuit either, unless you own a very large stake in the company. Lawsuits are expensive. A big institutional investor or activist investor of some sort may file a suit if millions of dollars are at stake, but it'll be ugly at best. If there's nothing evil going on with the management, this is just one way that a company loses money from bad management. It's probably not the most important one to worry about.


If you can't accept that population growth is the largest driver of demand, we'll just have to agree to disagree. Sewing needles are absolutely driven by population growth. As the population grows, so too does the demand for textiles. Therefore if one factory is capable of producing clothes for 100 people and automation doubles its output, growing the population to 400 would create jobs by necessitating another factory, even though automation increased efficiency.


"IMO the right path usually depends on how long you depend on staying in the home and how much you put down. The idea behind paying the higher rate is that you can easily recoup $0.25-35 on the dollar in taxes if you go with the higher rate -- at least for the first few years. But that ""benefit"" becomes less valuable over time, as you pay more interest in the beginning of the loan. It's a good deal in many cases, as the trend over the last few years is to put 5% or less down, and most people stay in homes for around 7 years. In your case, you are putting down a substantial down payment, and with only 4 years to 80% LTV (or less, if the market improves), taking the lower rate with PMI makes more sense."


"I will echo the others; your home should be worth more to you than its market value. It is YOUR HOME. It's where you come home every day to your wife and kids, where you build a life. Yes it's an investment, but it's not like a stock or bond that you hold for a little while and then cash out for the profit. The one time you should be worried about being ""upside-down"" on your mortgage is if you're getting out. If you're moving to a new job at a new company in a new city, you have to make good on the remaining loan balance, and that won't all be from the sale of the house. Unless you're at that point however, if you can afford making the payments and have no reason to move or to cash in equity (of which you have none), then just keep making the payments. Hey, it's better than rent; you'll never see rent money again, while even if you're underwater, you're making headway with each payment."


"Don't copy that floppy!  Yes, we all remember when 'global trade' collapsed due to [Apple II locksmith and C64 ""Fast Hack'em""](https://en.wikipedia.org/wiki/Bit_nibbler).  3D printing isn't the 'pirate bay' equivalent; it's more like [8-track tape duplicating](https://books.google.com/books?id=jikEAAAAMBAJ&pg=PA14&lpg=PA14&dq=Make-A-Tape+8+Track+Duplicator&source=bl&ots=cWrKGc-lIN&sig=TRpRbQpaI5agAKxoNfoztK3DtZA&hl=en&sa=X&ved=0ahUKEwjrzoif5-PWAhWCilQKHTeoAaMQ6AEIUjAL#v=onepage&q=Make-A-Tape%208%20Track%20Duplicator&f=false), except the hype is the same."


"The COBRA idea is interesting but I am not sure it will be cheaper than Obamacare - health insurance is just insanely expensive; best for him to discreetly ask HR before leaping.  The ""good"" news is that in two years, he should be eligible for Medicare, which should be a better option. So as Dave said, go with Obamacare or COBRA depending on cost and other factors (doctors in network, etc.) and wait for Medicare to kick in. Also, given that his income is going to go very low really soon, he will be eligible for Obamacare low-income subsidies, which will reduce the bill even further. Further, if you get a Silver or Bronze Obamacare plan, you can stash away $3,300 in a Health Savings Account (HSA) tax free, which should further help with expenses. I am sorry your dad is having to leave his job of 30+ years because of some new jerk. However, I hope that the advice you get here will help you find good options for your dad."


"I had the same thing happen to me in late 2010.  I contacted the big company's bored-sounding payroll department - after wading through the phone menu, and more than one ""all of our operators are busy, please call back later <click>"" - and told them I had this extra money.  The guy in India told me that my petition would be investigated and that a ticket would be opened.  I heard nothing for a couple of weeks.  I followed up with payroll.  They said that my petition investigation had determined that I did indeed get paid extra, and they'd be sending me a letter demanding the overpayment. I received no letter, and a month later (January 2011) I got a W-2 with the paycheck included on it.  I decided that I'd spent enough of my own time and effort on it, and if they wanted it back, the ball was in their court.  I changed my bank account numbers to prevent them from auto-debiting my account, and spent the money as if it was mine.   I have not heard anything about it since then. From what I was able to determine, once I'd made a good-faith effort to return it, I was in the clear. And for what it's worth, it's not like you can just ""return"" it.  Among other things: I certainly wasn't just going to mail the company a check and hope for the best."


> MSNBC is not just as bad.   And this is how you can identify someone who has been brainwashed by the television and probably needs to be rescued.  It's two sides of the exact same coin, and their only real goal is to control every moment of your life. Wake up or live as a slave.


I would agree, my arguments have been from the extreme, because my OP in this thread was a reply to an extreme statement:    > Tax evaders are heroes.   > I don't think taxes should be abolished. But since it is someone else's income, it needs to be used sparingly and efficiently. Subsidizing internet and electric cars aren't something you should be spending millions of people's money in.  Okay, now we are getting to some common ground. Specifics are where the real meat lies. You started with internet and electric cars. Sweat, lets start there. I infer from this that you enjoy / support the internet and gas powered cars, and are against government intervention when it comes to the dissemination of the internet and investment in electric cars?   What if I told you that the prevalence and success of both of those inventions were spurred by government investment?


I think 3,000 shares would swallow up the sizes on the ask to bring it up to 25 right now just looking at level 2 quotes.  But then you'll attract some sellers to bring it down right after I'm sure.  edit:  You just have to swallow up the offers out there.  But a big move in price and people/marketmakers will likely see it as an opportunity to take advantage of a market move based on just one buyer and start selling and bringing the price back down.


WQC Design Studio are committed to providing our Client’s with the best there is in the marketplace. We will communicate with you, our client to get the idea of your vision for your business, which will be what customers see when browsing your website.


I'm going have to go with a gigantic FALSE for the PS3 and PSVita. While the Vita hasn't done as well as projected, it's still doing relatively well.   Ever since Sony launched the original PS3 Slim, the PS3 has outsold the 360 and over took the 360's market share. [Source](http://www.vgchartz.com/article/250111/2012-year-on-year-sales-and-market-share-update-to-april-21st/).  Nintendo is a juggernaut and the Wii was targeted towards a COMPLETELY different demographics than the PS3, so the only direct competitor to the PS3 would be the 360.  However, for underperforming, the PSVita still managed to take nearly a 30% chunk out of the 3DS' market share within a year.   I'm not going to comment on Sony's other product lines because I don't have the data on them, but as far as the Playstation brand goes, they're doing considerably well since they debuted the Slim, and over the lifetime of the systems, the PS3 only trails the 360 by 9/10s of a percent of market share. That is remarkable considering the 360 had a year's jump on the PS3 and dominated the PS3 for the first three years of it's life.  Again, here's the [source](http://www.vgchartz.com/article/250111/2012-year-on-year-sales-and-market-share-update-to-april-21st/) for all of the above.  For their smartphones, I will say that, while they have horrible market share, they could still be a viable player with a few small changes. They do support AOSP already, so by being practically the first OEM to go pure AOSP for their Android smartphones could give them a significant boost. Add to that a potential Sony Nexus Play, and they could easily get caught up to LG and HTC. I'm not foolish enough to think that they can compete with Samsung Mobile in the near future, but they could still make a significant comeback in the next 12-24 months rather easily.


While true, I don't have capital.  The VC does.  And while whatever my product is is in development, I'm haemorrhaging that capital on things like food and rent.  If I want to make more, my startup is put on hold while I find some paid work.    The dollar signs are an incentive for the VC to help make your business a success.


I have been in a similar position as you for the past few years. I put a bunch of cash into a tax free savings account (canadian) instead of paying down debt.   My rationale was that I wanted the exposure to the market and had to be in it in order to pay attention. I also put money into an rasp,  but only because my employer matched it (100% gain, no brainer).  Looking back, I think it would have been a better idea to get debt free sooner. Having that debt weighs on you and haunts everything you try to do. You can't afford rent where you want to be, where you should be. There's no keeping up with the Jones' if you're paying off debt.  That being said, in Canada your student loans are secured and if you lose your job, the government makes payments for you. If your loans are structured like this, then you are better off hanging onto that money.


"It means price movements in the past do not affect price movements in the future. Think of the situation of a coin, if you flip it once, and then you flip it a second time, the results are independent of each other. If the first time, you flipped a HEAD, it does not mean that the coin will remember it, and produce a TAIL the second time. This is the meaning of ""memoryless"". FYI, stock markets are clearly not memoryless. It is just an assumption for academic purposes."


It's because I can go on the internet and find free porn that will satisfy me for the 5-10 minutes that I need. The quality may not be great, but who *wants* to spend money on porn? That's like admitting to your friends the only way you can get laid is by prostitutes, except here you're not even getting laid.   I would say there's anecdotal evidence based on personal experience that it's less about the actual cost of porn, but more about the psychological part of having to purchase a video to jerk off to.


Switzerland was once known for its high regard for private property rights.  Recently it is has started to violate those rights by forcing banks to turn over the names of account holders to the US government.  Not a great trend. Another aspect that makes Switzerland an attractive place for people and businesses is the Swiss governemnt's neutral policy.  The Swiss government is not deploying the Swiss military around the globe to fight terrorism, to spread democracy, to advance its own power, or other such murderous government programs.  The Swiss people do not have to worry about the payback that arrives because of such depraved government programs. The Swiss were traditionally extreme advocates of individual gun rights which allows the people to provide protection for themselves against others and against the government.  This too is changing (read section on The Enemy Within) in a not so favorable direction. I also belive the Swiss Franc was the last major currency to sever its tie to gold.  The currency use to be highly desired due to its tie to gold.  I think the currency is still highly regarded but the Swiss central bank is participating in the currency war and has attempted multiple times in the past couple of years to debase its currency so it does not appreciate against the euro or dollar.


it's just a passthrough security essentially.  sofi packages a bunch of loans, refinances them for the student, and you invest in sofi corporate debt as they pass through the returns on the loan to you in the form of bond cpns.  i mean its not exactly the same, but its pretty close


Plenty of retired people do stay in the US for longer than 60 days and don't pay taxes. In this IRS document 60 days stay appears to be the test for having a 'substantial presence' in the US, which is part of the test for determining residency. However the following is also written: Even if you meet the substantial presence test, you can be treated as a nonresident alien if you are present in the United States for fewer than 183 days during the current calendar year, you maintain a tax home in a foreign country during the year, and you have a closer connection to that country than to the United States.  In other words, if your property in the US is not your main one, you pay tax in another country, and you stay there less than half the year, you should be treated as a non-resident (I am not a lawyer and this is not advice). This IRS webpage describes the tax situation of nonresident aliens. As I understand it, if you are not engaged in any kind of business in the US and have no income from US sources then you do not have to file a tax return. You should also look into the subject of double tax agreements. If your home country has one, and you pay taxes there, you probably won't need to pay extra tax to the US. But again, don't take my word for it.


I am a retired Air Traffic Controller of 30 years. There is no way a computer could contend with every contingency that comes up in the air. Yes, Flight management systems do take over in most cases for efficiency purposes but there  is no way I would board an aircraft with no one up in the front office.


Interactive Brokers provides historical intraday data including Bid, Ask, Last Trade and Volume for the majority of stocks. You can chart the data, download it to Excel or use it in your own application through their API.  EDIT: Compared to other solutions (like FreeStockCharts.com for instance), Interactive Brokers provides not only historic intraday LAST**** trades **but also historic BID and ASK data, which is very useful information if you want to design your own trading system.  I have enclosed a screenshot to the chart parameter window and a link to the API description.


"Gotta keep coming back don't ya. I replied to your false statement that Trump caused insurer dropout. You admitted you were wrong, then sent a opinion piece with no actual data - just feels. I told you the root cause was overcharging by hospitals. Then you tell me you agree, but is another topic. Then 2 fucking sentences later ""address the cost of care"". I fucking give up."


The idea you present is not uncommon, many have tried it before.  It would be a great step to find landlords in your area and talk to them about lessons learned.  It might cost you a lunch or cup of coffee but it could be the best investment you make. rent it out for a small profit (hopefully make around 3 - 5k a year in profit) Given the median price of a home is ~220K, and you are investing 44K, you are looking to make between a 6 and 11% profit.  I would not classify this as small in the current interest rate environment. One aspect you are overlooking is risk.  What happens if a furnace breaks, or someone does not pay their rent?  While some may advocate borrowing money to buy rental real estate all reasonable advisers advocate having sufficient reserves to cover emergencies.   Keep in mind that 33% of homes in the US do not have a mortgage and some investment experts advocate only buying rentals with cash. Currently owning rental property is a really good deal for the owners for a variety of reasons.  Markets are cyclical and I bet things will not be as attractive in 10 years or so.   Keep in mind you are borrowing ~220K or whatever you intend to pay.  You are on the hook for that.  A bank may not lend you the money, and even if they do a couple of false steps could leave you in a deep hole.  That should at least give you pause. All that being said, I really like your gumption.  I like your desire and perhaps you should set a goal of owning your first rental property for 5 years from now.  In the mean time study and become educated in the business.  Perhaps get your real estate license.  Perhaps go to work for a property management company to learn the ins and outs of their business.  I would do this even if I had a better paying full time job.


I agree, I am a small business owner.  But my original point is that companies large and small got to pay low rates for almost a decade now.   And they profited from it.   economics tell you that it will swing back eventually.   Conceptually you may have to pay more, you may have to charge more, but your clients are probably making more.


It sounds as though you were able to purchase your properties through fortuitous circumstances.   Not everyone is going to have spare cash lying around, especially considering [ 71% of  US college grads have loan debt, averaging ~$30,000.](http://projectonstudentdebt.org/state_by_state-data.php)


"Short answer: Absolutely not, unless you're comfortable with putting years of your labor into a depreciating asset that will incur hefty maintenance costs over its remaining life. i.e. consider your 10K gone forever once you buy the car, and then some. Some comments on your reasons: ""Keeping up with spoiled brats"" is a losing proposition, and is a mindset counterproductive to financial independence. I'd encourage you to find a way to not care about how the spoiled brats live their lives. It won't be easier when you're older and you see your peers driving fancy cars and living fantasy lifestyles that you are tempted to emulate. Break the impulse to ""keep up"" and you'll be in a much better place. A used BMW may not be a piece of junk at first, but once you hit 100K miles, everything will suddenly fall apart and need repair. Been there myself. Still have the car after 7 years, only because very few people want to buy a high-mileage German sport sedan with recurring maintenance issues. See #2. It will be a good drive for a while, then it will own you. This is not so bad when you have a decent amount of savings, but when you have nothing, it's very hard to truly enjoy the car while knowing that any problems not covered by warranty will be financially devastating. Are you prepared to ride the bus for 4 weeks while saving enough income from work to replace a bad clutch? I had to do this, and it's not something I brag about."


Well, it really depends on for how long the quote has been made. But yes, when you're honoring it, you should let them know that this is a once of thing and that you're out of pocket doing  it. Most people will understand and when you make the appropriate quote next time around,  especially when elaborate where the additional cost that you did not account for initially, come from. It's important to maintain customer trust by being transparent. You can justify higher prices with time needed, material needed or whatever comes to mind. It's just important to convince that customer that without it, they  wouldn't get this superb service that they're getting now.


> Documents filed in federal court in Washington include a number of references to emails in which ING employees were told to take steps to hide the true identities of U.S.-sanctioned parties to ensure that their transactions cleared the U.S. sanctions net, but there is no sign that prosecutors plan to bring charges against any of the bankers involved in the email exchanges, Mazur said.   Ugh, while I'm not surprised they are not being prosecuted, this makes me want to throw things.


I wouldn't use it to take leverage unless you don't mind loosing your entire investment (this is a possibility as shares are already quite volatile). However, you don't have to take leverage and still trade CFDs. Benefits of doing so: Disadvantages:


I don't believe the decision is decided by age or wealth.  You only stock pick when  a) you enjoy the process because it takes time and if you consider it 'work' then the cost will probably not be offset by higher returns. b) you must have the time to spend trading, monitoring, choosing, etc. c) you must have the skills/experience to 'bring something to the table' that you think gives you an edge over everyone else.  If you don't then you will be the patsy that others make a profit off.


The 3% and 9% figures are based on the cost of borrowing money and all the other ownership costs associated with real estate.  From the same article: http://patrick.net/housing/crash1.html Because it's usually still much cheaper to rent than to own the same   size and quality house, in the same school district. In rich   neighborhoods, annual rents are typically only 3% of purchase price   while mortgage rates are 4% with fees, so it costs more to borrow the   money as it does to borrow the house. Renters win and owners lose!   Worse, total owner costs including taxes, maintenance, and insurance   come to about 8% of purchase price, which is more than twice the cost   of renting and wipes out any income tax benefit. Imagine you are renting a house. If the cost of your annual rent is lower than X then renting is obviously the best idea from a monetary calculation. If rent is greater than Y being a landlord makes more sense. In the middle it is debatable, and the non-monetary reasons need to be considered.


You can buy a put and exercise it. The ideal option in this case will have little time premium left and very near the money. Who lent you the shares? The person that sold you the option! In reality, when you exercise,  assignment can be random, but everything is [supposedly] accounted for as the option seller had to put up margin collateral to sell the option.


This argument appears to assume that premiums will remain the same.    You have to ask:  If autonomy reduces the frequency of accidents, why would you consider to pay the same insurance premium for the product?  If Geico was selling a product that had a $1000 premium with a 50% margin, but is now selling a $200 product with a 75% margin, it's making a heck of a lot less in aggregate.  Can't say that's a good thing.


I think it is just semantics, but this example demonstrates what they mean by that: If you put $100 in a CD today, it will grow and you will be able to take out a greater amount plus the original principal at a later time. If you put $100 extra on your house payment today, you may save some money in the long run, but you won't have an asset that you wouldn't otherwise have at the end of the term that you can draw on without selling the property. But of course, you can't live on the street, so you need another house. So ultimately you can't easily realize the investment. If you get super technical, you could probably rationalize it as an investment, just like you could call clipping coupons investing, but it all comes down to what your financial goals are. What the advisers are trying to tell you is that you shouldn't consider paying down your mortgage early as an acceptable substitute for socking away some money for retirement or other future expenses. House payments for a house you live in should be considered expenses, in my opinion. So my view is that paying off a note early is just a way of cutting expenses.


"The most important thing is to start.  Don't waste months and years trying to figure out the ""optimal"" strategy or trying to read all the best books before you start.  Pick a solid, simple choice, like investing in your company sponsored 401(k), and do it today.   This I Will Teach You To Be Rich post on barriers has some good insight on this."


You have two problems, money exchange commissions and currency risk. Commissions are always exorbitant. First you must find the cheapest way to get your money converted to the foreign currency and into your brokerage account. The absolute cheapest way may involve some research and financial institution maneuvering. Also I'd forget about anything other than USD for the foreseeable future. Any other foreign currency will probably have higher commissions and a weaker market. Once you have that down, you must avoid needlessly exchanging currencies. Keep a balance in the foreign currency, keep all dividends and capital gains there, and only take local money out of your brokerage account right before using it.  That means of course that you need to keep enough local currency to pay taxes on any gains, etc. As for currency risk, there are two solutions. One solution is to buy your risk away using forex. You sell an amount of USD/AED lots that is mostly equivalent to your current investments and then just make sure you don't get margin calls. I'm not sure just how cheap your rates would be in the UAE, but, on average, your investments should still have positive returns. The other solution is to just stop seeing exchange rate fluctuations as losses. If you had USD 100k and now you have USD 115k how are you losing money? Exchange rates can go the other way just fine, you know, and holding USD is a good way to hedge against your country going south.


Today is a free online dating one of the stir activities on the Internet. Basically, the first online dating sites were not that efficient and enjoyable that much as of today. Audating Sites is the best one way for you, here you can meet a single and a married person and can be housewife sex. More and more people are pleasant online to meet and date each other and make lasting relationships through these dating websites.


Dividends are a form of passive income.


"The question posted was, ""Should I pay off a 0% car loan""? The poster provided a few details: I'm ahead on 0% interest car loan. I don't have to make a payment until October. I currently owe $3,000 and I could pay it all off. Should I do that or leave that money in my savings account that earns 2% interest? The question seems to seek a general rule of thumb for how to behave with smaller debts. And a general rule of thumb could be taken from one of two principles (which seem to be religious camps). The ""free money"" camp believes that you can invest (even small amounts) of money risk-free and receive high returns, tax free, for zero effort. The ""reduce debt"" camp believes that you should pay off debts so that you have the freedom to live your life unfettered. Which religion do you prefer? I tend to prefer paying off debts. The ""free money"" tent wants you to pay the car off over the next 6 months, earning interest. Suppose you can earn 2% interest (.02/12 per month), paying $500 per month for 6 months. So you earn interest on 3000 the first month, 2500, the second month, 2000 the third month, So, are you feeling rich, earning $13.13? How much time did you spending making the 5 additional payments? You could skip coffee once/month and make a bigger difference. The ""reduce debt"" tent would have you pay off the car. Suppose you change your deductible on the car (or drop collision) to save money, and you will also same time by avoid 5 bill payments, But do you still have enough money in your emergency fund, how do you feel about having less insurance coverage, and did you notice the time savings? We really need more information about the poster's situation. The answer should consider the relevant details of the situation to provide an informed response. Here are questions that would enable a response to address the whole situation. Why are these important? Here are a few reasons why the above might be important."


"I am sorry to hear that.   Well, finance is a VERY large field encompassing decades upon decades of research, and thousands of pages of research. This question is usually a difficult one to answer simply because of the scope. My usual answer to people is to browse around this sub and the internet and learn from that, and then for specific questions to ask.   For your purposes, take a look at investopedia.com. While here it's an ""okay"" source, for a beginner I think it's a good place to start.  Is there any specific thing you have a question about now?  I know you mentioned the Big Short and some other things. Just keep in mind anything coming from Hollywood will be *extremely* biased."


After more than 30 years of married life the only thing that has worked is to partner with someone who is your opposite. I am a saver, my wife is a spender. Each pay period we establish a budget. Only those things to which we both agree go into the budget. If we violate the budget the other one holds the violator accountable.  Be sure to put some 'slop' into the budget, you cannot perfectly predict the future. The budget can, and will, change throughout the pay period, but only if both agree to the change.


When I place an order with Scottrade I also have to specify if I am wanting to trade outside of normal hours.


Buy an accounting for MBA's book and go through that.  It's the absolute base of finance.  I can't see how you can even wrap your head around most of the articles in FT or in the Economist if you don't know what a balance sheet, income statement, cashflow statement or statement of shareholders equity is.    This is absolutely a requirement for any understanding of the finance sector, or you'll become just another schmoe on CNBC.


"If you have a single member LLC there is no need to separate expenses in this way since it is simply treated as part of the owner's normal tax returns.  This is the way I've been operating. Owner of Single-Member LLC   If a single-member LLC does not elect to be treated as a corporation, the LLC is a ""disregarded entity,"" and the LLC's activities should be reflected on its owner's federal tax return. If the owner is an individual, the activities of the LLC will generally be reflected on: Form 1040 Schedule C, Profit or Loss from Business (Sole Proprietorship) (PDF) Form 1040 Schedule E, Supplemental Income or Loss (PDF) Form 1040 Schedule F, Profit or Loss from Farming (PDF) An individual owner of a single-member LLC that operates a trade or business is subject to the tax on net earnings from self employment in the same manner as a sole proprietorship.   If the single-member LLC is owned by a corporation or partnership, the LLC should be reflected on its owner's federal tax return as a division of the corporation or partnership. https://www.irs.gov/businesses/small-businesses-self-employed/single-member-limited-liability-companies"


Generally speaking, most banks will require all of the signers on the account to be present.  However, and this is the big however, the signers do not necessarily need to be the same people as the members. You could have one of the members be the sole signer. You could have an outside accountant be the signer. Etc. Regardless of who your signers are (ie, even if they are the same as the members) you will absolutely need a resolution from the members giving the signers authority to be signers. So, for instance, if you personally will be present but the other member won't be, you will both need to sign the resolution appointing you as the signer.


Why should capital gains be taxed at a lower rate than labor? It is because the tax code is really a philosophical tool (while also raising the revenues required to fund the government).  I get to vote for federal, state and local representatives. The constitution is a Federal system. That should be sufficient reason for 100% of the conservative movement -- Trumpists exist in a separate category, but their share of the electorate dwindles with every tweet.


First of all Dodd Frank is nowhere near Glass Steagall. Infact we need a Glass Steagall law in place to prevent any future meltdowns.  Dodd Frank is some common sensical regulatory road bumps. They wont prevent the crash but they may slow it down a bit. Yet Wall Street and by extension the Republicans do not want any of that.


"If I come to your house with a gun and hand cuffs and say, ""you made this much money this year, therefore you owe me this much because I need healthcare/food/ect.""  You are considered to be a victim of robbery.  If I come to your house with me and five buddies along with a gun and handcuffs, and say the same thing, you are still considered a victim of robbery.  If I got the whole neighborhood or say even the whole town to do that, you would be considered a victim of an angry mob.  Yet somehow when we vote on it, the non ability of us somehow become the ability of the government. We can't create rights and give them to people.     You have picked an interesting topic of Defense R&D, as with people with beliefs like me (Voluntaryist/Anarcho-Capitalist), defense is one of the big topics of discussion because of the free rider problem.   To begin our debate with public vs private sector. It is not an argument to say that the technology wouldn't exist without government involvement. Yes, government made it happen, that doesn't mean that it would have never happened with out it.  I could name a lot of technologies that we all have come to know and love and say that it is proof that private is better, but that is not necessarily the topic of discussion. We are discussing who can do what better.  I would say that the US military has gone way overboard with the amount of technological spend. From what I've seen, the 2017 request is $12.5 billion for total tech spend for the military.  For 2016 alone, Amazon spent over $16 billion of their own money, that they required to giving value to their customers. Apple spent $10 billion last year, FaceBook $6 billion, and the list goes on.  I will gladly make the argument that all of those dollars are making our lives better than a ""better"" version of a predator drone that will undoubtedly kill just as many innocent lives anyway.    Additionally, you quoted my taxes and Bernie Sanders bit at the bottom of your post, but I don't see a response to that."


Fair point.  I think malpractice insurance is more to protect the patient than the doctor, even though the doctor pays the premiums   The government requires it so they can't kill or injury a patient and then just declare bankruptcy without paying damages.  If claims were allowed for negligence that insurer would be creating what's known as a moral hazard issue and there would essentially be nothing stopping corporations/executives from constantly screwing over the public.  That insurer would be bankrupt in no time.


The United Services Automobile Association has a funny legal structure: it's not a corporation and has no shareholders. Policyholders and account holders are paid any profits. In that respect, it functions very much like a credit union; technically, it's structured as a Texas-based and Texas Department of Insurance regulated unincorporated reciprocal inter-insurance exchange and Fortune 500 financial services company offering banking, investing, and insurance to people and families that serve, or served, in the United States military. http://en.wikipedia.org/wiki/USAA Normally a company like this is a corporation so that its owners can benefit from limited liability: otherwise, if the company loses millions or billions, any one of the individual owners / members could be held liable for paying those millions and billions! However, the Texas laws which govern them as a Texas-based inter-insurance exchange also serve to limit the liability of members. The banking services are provided by the USAA Federal Savings Bank, which is structured as a  (drumroll) federal savings bank. They also own a couple of other random businesses.


"The rate difference between your student loans and the historical yearly average growth in the S&P500 isn't large enough for me to play the ""pay minimums and invest the rest"" strategy.  If your loans were 2%, I might think about it. However, the 4% loans are guaranteed and mandatory expenses; discharging them even in bankruptcy is unlikely.  The quicker you pay them off, the sooner you won't have them hanging over your head in case of a ""financial setback"" (job loss, large expense uncovered by insurance, etc). (One good reason to pay the minimums, though, is to build up a $1K emergency fund.  When your debts are paid, then you can increase its size.)"


The best way to save on clothes is up to you.  I have friends who save all year for two yearly shopping trips to update anything that may need updating at the time.  By allowing themselves only two trips, they control the money spent.  Bring it in cash and stop buying when you run out. On the other hand in my family we shop sales.  When we determine that we need something we wait until we find a sale.  When we see an exceptionally good sale on something we know we will need (basic work dress shoes, for example), we'll purchase it and save it until the existing item it is replacing has worn out.  Our strategy is to know what we need and buy it when the price is right.  We tend to wait on anything that isn't on sale until we can find the right item at a price we like, which sometimes means stretching the existing piece of clothing it is replacing until well after its prime. If you've got a list you're shopping from, you know what you need.  The question becomes: how will you control your spending best?  Carefully shopping sales and using coupons, or budgeting for a spree within limits?


There is no difference they are both insufficient in 1 form or another.Bad slang for any check the bank won't cash, for any reason, Ie. insf. unreadable amount, acct or routing number, the acct.has been closed, or you didn't write the check(fraud). Bounced is slang for bank returned check unpaid.I wrote a bad check but it didn't bounce.The check is still insufficient but the bank didn't return it.  $500.00 is the felony threshold in okla. less than $500.00 is a misdemeanor. but insf. fees ranging from ($25.00 to $50.00 vendor returned check fee + amount of check) x (bank insf fees of $25 to $50)is an effective deterent.


"Maybe you're concentrating on all the circumstantial excuses you could come up with and ignoring the obvious fact that you are responsible for the outcomes in your life.  The sooner you accept this, the sooner you can improve your lot in life, and then hopefully make it easier for your kids than it was for you.  I mean, isn't that the fucking goal here?  Or is the goal to come up with as many different reasons as you can as to why ""the world isn't fair""??"


"Sigh.  >just quoting the plaintiff's attorney. That's not going to be the source of unbiased information.  A COURT OF LAW determined this outcome.  It's not a biased opinion.  >I most likely know far more about this topic than you...  While I am not making any assumptions on you base of knowledge.  Know that I have spent over 12 years in the finance arena.  I have my series 6, 7, 24 and 65.  I have worked for the Vanguard Group, Schwab Institutional (as Director level) and as a private investment manager. I would classify my knowledge level as ""above the average bear"".  I apologize if my previous post(s) came across as condescending - I have covered a number of examples in the hopes that we might find some mutual agreement to the following (initial) diversion of opinion:  Paraphrase:  ""sometimes Corporate BK laws are manipulated and go beyond the original intent of the original law"".   It's as simple as that.  I do not believe using these ""tools"" in this manner is ""good business"" practice."


I'm generally very fiscally cautious. Social safety net run by the government often turn into financial messes. I'm all in favor of a UBI as a complete replacement of all non-medical welfare. In order to start voting for people that support it though, I'd have to be convinced we're not looking at Social Security 2.0 and that we're not going to be trying to add additional programs 10 years from now.


"From further in:   >Kathleen Kennedy, current Co-Chairman of Lucasfilm, will become President of Lucasfilm, reporting to Walt Disney Studios Chairman Alan Horn. Additionally she will serve as the brand manager for Star Wars, working directly with Disney's global lines of business to build, further integrate, and maximize the value of this global franchise. Ms. Kennedy will serve as executive producer on new Star Wars feature films, with George Lucas serving as creative consultant. Star Wars Episode 7 is targeted for release in 2015, with more feature films expected to continue the Star Wars saga and grow the franchise well into the future.    and    >The last Star Wars movie release was 2005's Revenge of the Sith – and we believe there's substantial pent up demand. In 2015, we're planning to release Star Wars Episode 7 – the first feature film under the ""Disney-Lucasfilm"" brand. That will be followed by Episodes 8 and 9 – and our long term plan is to release a new Star Wars feature film every two to three years. We're very happy that George Lucas will be creative consultant on our new Star Wars films and that Kathleen Kennedy, the current Co-Chair of Lucasfilm, will executive produce. George handpicked Kathy earlier this year to lead Lucasfilm into the future. She'll join Disney as President of Lucasfilm, reporting into Walt Disney Studios Chairman Alan Horn and integrating and building the Star Wars franchise across our company."


Theoretically IRP works, in practice is a whole new game... I've been longing EURCHF leveraged up at the floor and collecting the rate differential.  When the ECB cuts rates i'll close the trade...  These are called carry trades and more commonly done right now with bonds.


I can answer Scenario #3. If you are purchasing a property with buy-to-let intentions […] can you use the   rental income exclusively to fund the mortgage repayments? Yes – this is exactly how buy-to-let mortgage applications are evaluated. Lenders generally expect you to fund the mortgage payments with rent. They look for the anticipated monthly rent income to cover a minimum of 125% of the monthly mortgage payment. This is to make sure you can allow for vacant periods, maintenance, compliance with rules and regulations, and still be in profit (i.e. generate a positive yield on your investment). However, buy-to-let (BTL) mortgage lenders also generally expect you to own your own home to begin with. It's up to them, but rare is the lender who will provide a buy-to-let mortgage to a non-owner-occupier. This is because of point 2 above. The lender doesn't want you to end up living in the property because then you'll need to repay the loan capital, since you'll always need somewhere to live. This makes the economics of BTL unfavourable. They look at your application as a business proposal: quite different to a residential mortgage application, which is what your question seems to be addressing. Bottom line: You're right about scenario #3 but it sounds like you're trying to afford a home first, whereas BTL is best viewed as an investment for someone who already has their main residence under ownership (mortgaged or otherwise). As for Scenarios #1 and #2 I can't offer first hand answers but I think Aakash M. and Steve Melnikoff have covered it.


Free? They spend millions of dollars for their Internet access.  Net neutrality isn't about them having free connections to the Internet, it's about preventing Internet service providers from using their position of power to choose which traffic to let through.   When Comcast and Verizon have their own video services or products that compete with online entities like Netflix and Hulu, that neutrality is what stands between them and monopolistic blocking of competition.  That's just one example.  Does that make more sense?


"Soft / Sales skills are crucial for  more  industries, just treat this as a course in communication / stress management.  There's a great book called ""92 ways to  talk to anyone"", use this book and others as theory, and your internship as experience for this."


If you are talking about a corporate entity, weighted average tenor refers to the average maturity of the company's bond portfolio (or all debt) from the issue date. For example, a company issues 2 bonds in 2017, one for $100 with a maturity of 2019 and one for $50 with a maturity of 2020. The weighted average tenor would be 2.33 years. These numbers are not exact, just trying to give you an illustrative example.


"You can't get your credit score for free, just the report with the information the score is based on.   If you got credit reports through annualcreditreport.com, the Score tab would typically contain an advertisement for purchasing your score.  If you have an ad-blocker enabled, that might be blocked, explaining the blank page.  Try turning off any browser extensions that alter how pages are shown.   The accounts page/tab/section should show something like ""0 open accounts"" or similar, to indicate that it is loading data.   Your lack of credit history probably does mean you don't have a credit score, so it's probably not worth paying anything to find that out.  The focus should be on the accuracy of the underlying report, since you can do something about that.   Should I be worried? I'd say no on that.   You'll have an easier time getting credit (and better terms) in the future if you start now with some account, even if it's a secured credit card you don't use much, because the age of the oldest and average accounts are factors in credit scoring models."


America is a big place, you have areas that purchase certain things heavily and other areas that will not. Living in the north eastern and south eastern part of the US, I can not say they are dominant at all in the market, as dominant would imply their brand is available at a majority of stores at various price points (I.e. Farm fresh, food lion, Harris teeter, Kroger, wegmans, piggly wiggly, Trader Joe's) sorry if this didn't help.


In a simple statement, no doesn't matter. Checked on my trade portal, everything lines up. Same ISIN, same price(after factoring in FX conversions, if you were thinking about arbitrage those days are long gone).  But a unusual phenomenon I have observed is, if you aren't allowed to buy/sell a stock in one market and try to do that in a different market for the same stock you will still not be allowed to do it. Tried it on French stocks as my current provider doesn't allow me to deal in French stocks.


I can ONLY WISH this would happen to me.  Get every scrap of information that you can. DOCUMENT DOCUMENT DOCUMENT..and then get a nice sleazy lawyer to sue the collector AND your employer if they leaked anything... Plain and simple,  it's illegal and there are very nice protections in place for such.


This is complete horseshit... it depends on what type of degree you get. If you get your bachelors in engineering, nursing, respiratory therapy, radiology technology, medicine, pharmacy etc... (shit where you become skilled/certified) it is the best investment you can make. But if you get a degree in sociology, English lit, history, and other bullshit that is not practical in today's economy, then yes... Its a god awful investment.


"Following up on this, here is what I did. First, I called my benefits provider.  They had documentation of my election over the phone, which then allowed them to retroactively fix the problem. Had they not had this documentation, I would have been out of luck. Second, the next step for ""fixing"" occurred when I received my W-2 for this position. This W-2 mistakenly showed the amount for my medical FSA in box-10 of my W-2 as the same dependent care FSA. This requires calling/emailing my benefits and payroll department to get an updated W-2..."


That is pretty extreme behavior on her part. If you really like her work, consider giving her a stern warning and discussing what it means to be employed.  I don't have any tips on firing- that's never pleasant.


There is no reason for you to open a firm. However, it will help you, if you operate separate bank account for business and personal purposes. You can run your business as proprietorship business. Your inward remittance is your income. You can deduct payment made to your colleagues as salary. You should pay them by way of cheques or bank transfer only. You are also entitled to deduct other business expenses provided you keep proper receipt of the same such as broadband connection charges, depreciation on equipment and more importantly, rent on your house. If your total receipt from such income exceeds INR 60,00,000 you will need to withhold tax on payment made to your colleagues as also subject to audit of your accounts. If you want to grow your business, suggest you should take an Import / Export Code in your own name.  You can put any further question in this regard.


Obviously, black leather handbag is the most classic kind of bag that you can have. Though it also comes in quite expensive prices, it is definitely worth to have. You will be happy since it made from very high-quality materials as well.


Here are some pretty big name news agencies which have a section dedicated to commodities: CNN Bloomberg Reuters


I don't understand what all these companies are thinking?  If everyone creates their own distribution channels with their own exclusives then consumers will either lose interest in their content or they will resort to piracy.  Most likely both will happen.


Of course; the generation Xers are those in the age range where many were approaching the time when they would, but had not yet, transferred the bulk of their retirement savings to lower risk investments. Anyone who hadn't yet transferred their retirement savings from any direct market funds got totally Effed in the A.   Granted, some of this happened because people were simply banking on continual market rise. But a lot of these people simply got really bad advice from financial planners who looked and seemed totally qualified to advise, just as a lot of people got reassured from qualified sources that their adjustable rate mortgage on their million dollar home would be *no problem.*


"You realize that every-time you insult someone by using the phrase ""you redditors"", you're also insulting yourself - right?  Man. How does it feel over there with a single-digit IQ? It must be awesome to think of yourself so highly while constantly looking like an autistic kid eating glue. You're my hero!"


Index funds are good for diversifying risk. For people who don't have a large sum of money to invest, holding all the different types of stocks in the index is both very expensive and not practical because you incur too many transaction costs. For an index funds, the main advantages are that costs are pooled, and investors can invest a smaller amount that they would if they bought all the different stocks individually. Naturally, if you wanted to figure out the percentage composition of the index and invest directly it would be possible, albeit tedious.


I'd argue that society would likely moved to 100% online delivered to your doorstep before this actually happened, thus removing the need for physical locations, but as someone who actually works at Amazon, yes 100% automation is their long term goal.


The only way this suggestion works is if you can realize a higher rate of return on the investment than the payoff of the loan.  There's no guarantee of that, so it can be a risky strategy from the standpoint that you'll end up paying more for the car when all is said and done.


Is my laptop that I use to work and create my income my possession, or my property? Under what circumstances is it a possession, and under what circumstances is it property? What circumstances do you find it just to remove my laptop from me, and use it for yourself?   Do you support black bloc tactics like window breaking and stealing food from grocers?


Hey buddy, I'm not sure what you aim is when logging into Reddit (I could fathom a guess), but I am actually here for stimulating and informative debate. This is a basic right.   So with that in mind, I could be from Mars and I still would find it interesting to come by and comment in what stirs my interest.   You, on the other hand, seem to thrive from ineptly trying to belittle people you know nothing about. I know that has a name, but it just escapes me...


Maybe try Flow (Getflow.com) or Proworkflow (proworkflow.com)  I use TaskWorld for my projects and Trello to keep track of my kids' assignments (4 kids in 4 different grades!). Several of my clients have used Asana.   If none of those options provide all the features you need, check out Product Hunt. I remember seeing an app somewhere that allowed you to identify free time and bump tasks based on priority but I wasn't able to find it when I did a search. So- can't help you find it but there are some great apps out there. : )


It is (except Mississippi where you can drink while driving as long as you're under the legal limit). It's like fast food for alcohol, take it somewhere and drink, not in your car. It's not an open container if you don't put the straw in the cup.


Your best bet is going to be contacting TaxAct directly for their information. If you do enter your spouses information and choose to purchase their deluxe product, I would think you might end up paying for the second efile. I have used their deluxe version for many years now, but choose it mostly because of the free state efiling and not for the ability to determine whether or not to file separately.  In my case, it makes sense to file jointly and not file separately.   The deluxe version allows you to portion out your deductions and see which method of filing gives you the lowest total tax bill. Here's the link directly to TaxAct's support: https://www.taxact.com/tsupport/support_request.asp


If your main goal is to avoid taxes, municipal bonds are a good strategy, it's not the best way to make more than 1-2% in gains.  And kudos for putting money back into the community.


"> Unless you mean tithes then we are talking about religion.  Okay, let's talk about taxes and religion.  You said ""It makes sense for EVERYONE to pay their fair and equal share"".  So then I take it you agree that churches need to start paying taxes, yes?"


If you don't think you're necessarily going to stay in this area for five years, consider another option: renting. Five years is often quoted as the minimum length of time for buying (over renting), as the costs of the house purchase and the mortgage are significant - and if you're buying a new house every 5 years you're putting several thousand dollars of fees up front each time.  If you don't assume that house prices will increase (as they won't necessarily), then you can consider these costs - say, $5000-$6000 for a $500k house - an extra 1% or so of interest that first year.  If you are there 5 years, then you're paying 0.2% extra (more or less); that's reasonable, but if you're there only 2 years, you're adding 0.5% to your rate, which is pretty significant. You won't necessarily come out ahead here (versus renting). Renting for a year or two gives you enough time to find out if you do like the area, and if you do, you buy then - with more knowledge of the area and a chance to make a purchase at the right time for you. You pay off your loans, or at least a chunk of them, now, save some of the rest, and then rethink in a couple of years.  If you then don't qualify for a doctor's mortgage anymore, you just save up the rest of the 20% before making the purchase.


"Typically you diversify a portfolio to reduce risk. The S&P 500 is a collection of large-cap stocks; a diversified portfolio today probably contains a mix of large cap, small cap, bonds,  international equity and cash. Right now, if you have a bond component, that part of your portfolio isn't performing as well. The idea of diversification is that you ""smooth out"" the ups and downs of the market and come out ahead in most situations. If you don't have a bond or cash component in your portfolio, you may have picked (or had someone pick for you) lousy funds.  Without more detail, that's about all that can be said. EDIT: You provided more detail, so I want to add a little to my answer. Basically, you're in a fund that has high fees (1.58% annually) and performance that trails the mid-cap index. The S&P 500 is a large-cap index (large cap == large company), so a direct comparison is not necessarily meaningful. Since you seem to be new at this, I'd recommend starting out with the Vanguard Total Stock Market Index Fund (VTSMX) or ETF (VTI). This is a nice option because it represents the entire stock market and is cheap... it's a good way to get started without knowing alot. If your broker charges a transaction fee to purchase Vanguard funds and you don't want to change brokers or pay ETF commissions, look for or ask about transaction-fee free ""broad market"" indexes. The expense ratio should be below 0.50% per year and optimally under 0.20%. If you're not having luck finding investment options, swtich to a discount broker like TD Ameritrade, Schwab, ScottTrade or Fidelity (in no particular order)"


I used TurboTax last year. It had a section for donations where it figured out the amounts of the IRS approved values for a donation.  You would need to know the size of the television and the current condition it is in.  He's a screenshot - though it's not from the TV section.  https://turbotax.intuit.com/tax-tools/tax-tips/Taxes-101/Video--How-to-Estimate-the-Value-of-Clothing-for-IRS-Deductions/INF13870.html+&cd=8&hl=en&ct=clnk&gl=us TurboTax offers a free online tool called ItsDeductible that does the same thing (though I haven't tried it). Unfortunately, I don't have the current one with TV's to give you the range of amounts that apply to yours. --I am not affiliated with TurboTax and did not receive it for free for a review.


"I just opened up the Roth on my own, with some savings. I was then about to roll over the old company 401(k)s, but didn't see ""Roth"" indicated on the statements for those.   All these years I've known that Roth is the way to go, and thought that's how I've been investing.........but apparently, you can only open a Roth personally, whereas the company 401(k)s are standard.   I'm currently not working so I guess that counts as ""low income year""? But we file jointly...........gahhh!"


I don't think anyone is blaming animal agriculture on its own for global warming issues. At the same time its undeniable at this point to say animal agriculture is not a leading environmental problem, even if it is 'just 14.5% of emissions', the deforestation, the ridiculous amounts of fresh water needed, and the untreated sewage wastage. .   Also, so your argument is that hey we're producing enough food for everyone even though its an extremely inefficient way of producing calories - so whats to worry about? As much as we'd like to think we have unlimited resources, we don't. Our gluttony is destroying the planet. In addition to the environmental costs, it simply doesn't make sense to allocate the majority of our crops to feed and grow the billions of land animals when we could allocate those crops to foods that can feed people directly.  You may not like to admit it, vegan and plant-based when it comes to food are the equivalents of 'clean energy', and animal based foods is akin oil and coal. Which is probably why vegan fast food is attracting the biggest investors. It's the future.


"My education on this topic at this age range was a little more free-form. We were given a weeklong project in the 6th grade, which I remember pretty clearly:  Fast forward 6 years (we were 12). You are about to be kicked out of   your parents' house with the clothes on your back, $1,000 cash in your   pocket, your high school diploma, and a ""best of luck"" from your   parents. That's it. Your mission is to not be homeless, starving and   still wearing only the clothes on your back in 3 months. To do this, you will find an apartment, a job (you must meet the qualifications fresh out of high school with only your diploma; no college, no experience), and a means of transportation. Then,   you'll build a budget that includes your rent, estimated utilities,   gasoline (calculated based on today's prices, best-guess fuel mileage of the car, and 250% of the best-guess one-way distance between home and job), food (complete nutrition is not a must, but 2000cal/day is), toiletries, clothing, and anything else you want or   need to spend your paycheck or nest egg on. Remember that the laundromat isn't free, and neither is buying the washer/dryer yourself. Remember most apartments aren't furnished but do have kitchen appliances, and you can't say you found anything on the side of the road. The end product of your work will be a narrative report of the first   month of your new life, a budget for the full 3 months, plus a ""continuing"" budget for a typical month thereafter to prove you're not just lasting out the 3 months, and all supporting   evidence for your numbers, from newspaper clippings to in-store   mailers (the Internet and e-commerce were just catching on at the time, Craigslist and eBay didn't exist yet, and not everyone had home Internet to begin with).  Extra Credit: Make your budget work with all applicable income and   sales taxes. Extra Extra Credit: Have more than your original $1000 in the bank at   the end of the 3 months, after the taxes in the Extra Credit. This is a pretty serious project for a 12-year-old. Not only were we looking through the classified ads and deciphering all the common abbreviations, we were were taking trips to the grocery store with shopping lists, the local Wal-Mart or Target, the mall, even Goodwill. Some students had photos of their local gas station's prices, to which someone pointed out that their new apartment would be on the other side of town where gas was more expensive (smart kid). Some students just couldn't make it work (usually the mistakes were to be expected of middle-class middle-schoolers, like finding a job babysitting and stretching that out full-time, only working one job, buying everything new from clothes to furniture, thinking you absolutely need convenience items you can do without, and/or trying to buy the same upscale car your dad takes to work), though most students were able to provide at least a plausible before-tax budget. A few made the extra credit work, which was a lot of extra credit, because not only were you filling out a 1040EZ for your estimated income taxes, you were also figuring FICA and Social Security taxes which even some adults don't know the rates for, and remember, no Internet. Given that the extra-extra credit required you to come out ahead after taxes (good luck), I can't remember that anyone got that far. The meta-lesson that we all learned? Life without a college education is rough."


>muh Somalia  dude, you know that Somalia was a country that got taken over by a communist revolution, and then collapsed into civil war and genocide like communism usually tends to do?  equivocating the collapsed wreckage of a communist state with libertarianism is just asinine.


Both are close, but two notes - amiable or not, I'd rather have a deal that ends now, and nothing is hanging over my head to get or pay money on a future sale.  401(k) money is usually pre-tax, so releasing me from $10K of home equity is of more value than the $10K in a 401(k) that would net me $7K or so.  As I commented to Joe, I'd focus on valuation. If your house is similar to those in the neighborhood, you might easily value it. If unique, the valuation may be tough. I'd spend a bit on an appraiser or two.


The obvious answer for savings costs with a car is not to have a car.   Of course that must be balanced against other expenses (bicycle, taxi, public transport) to do things. Generally speaking, if you need a car, ways to contain expense are to buy the least expensive vehicle with the most economical engine that meets your needs, keep it undercover (reduces damage or wear due to exposure), proactively maintain it (maintenance is cheaper in the long run than the costs of dealing with a breakdown and cost of repairs, and lack of maintenance accelerates depreciation), and shop around for a good mechanic who will maintain it at a fair price. If you do a lot of milage, or do a lot of towing, or drive under load, consider a diesel.  A diesel engine often costs more each service, sometimes has a shorter service interval, but it also gets greater milage.   There may be a differential cost of fuel (diesel is often a bit more expensive per volume).   For towing, a diesel is often more economical, due to low end power (greater torque at lower revs) which does result in better fuel economy.   It is no accident that most large transport vehicles consume diesel.   Do the sums based on your usage before you buy. Accelerate as gently as possible to get to speed within traffic conditions (less fuel to get to a speed).   Change up to higher gears as soon as possible as - at a given speed - economy will be better, as long as the engine has enough oomph to handle it (so don't try to start from stationary in a high gear).   Don't drive faster than necessary, as drag increases with speed, and hurts economy.   Similarly, reduce speed gradually, to reduce undue wear on breaks and reduce fuel consumption (sharp breaking with power assisted breaks does affect fuel economy). Drive close to legal limits if conditions permit.   This reduces chances of annoying other drivers (who if they get impatient may throw rocks at your car, or collide, or subject you to road rage - which contribute to damage and insurance costs).   It also reduces chances of being pulled over by police and fined for obstructing other traffic. Don't tailgate.   This both consumes fuel in keeping up, and means needing to slow sharply.   And increases chance of accident. Don't idle more than necessary.  Allow stop/start systems on your car to operate - particularly if you're in stop/start traffic.   However, there is a break-even point where stopping and restarting consumes more fuel than idling, so get to know your vehicle.   That depends on how much the engine needs cranking to restart - which is affected both by engine design and maintenance.   Maintain it yourself if you have the skills, but account for the cost of parts and equipment, to be sure it is cost effective  (modern cars are software driven, so equipment to diagnose and maintain can be expensive). Combine trips (don't get into the car for every little thing - wait until you can do a few things during a single drive) and car pool. If fuel prices vary (e.g some places have regular cycles) try to refuel near the bottom of a pricing cycle. Take unnecessary weight out of the vehicle.   Don't load it up with tools unless you need them frequently.


"Do you now own your new home, or are you renting?  This is a classic case of a mortgage ready to blow up. These 7/1 interest only would have a low rate, say 3%. So on $200K, the payment is $500/mo, but no principal paydown. Even if the rate were still 3% (it won't be) the 23 yr amortization means a payment of $1004 after the 7 years end. At 4%, it's $1109. 5%, $1221. I would take this all into account as you decide what to do. If you now own a new house, you should consider the morally questionable walk-away. I believe you were sold an unethical product. mb wrote ""shoot up considerably."" This is still an understatement. A product whose payment is certain to double in a fixed time is 'bad.' 'Bad' in the biblical sense. You have no obligation to keep any deal with the devil, which is exactly what you have.  There are some banks offering FHA products that might help you. I just received an offer from the bank holding a mortgage on my rental property. It's 4.5% for a refinance up to 125% of current value. There's a cost of $1800, but I owe so little, and am paying it off faster than the time left, I'm not bothering. You may benefit from such a program, but I'd still question if you can make a go of a house that even 2% underwater. Do some math, and see if you started now with a 30 year loan how the numbers work out.  (Forgive my soapbox stance on this. There are those who criticize the strategic defaulters. I think you fall into a group of innocent victims who were sold a product that was nothing less than a financial time bomb. I am very curious to know the original ""interest only"" rate, and the index/margin for the rate upon adjustment. If you include the original balance, I can tell you the exact payments based on the new rates pretty easily.)"


Think of all the limit orders waiting in line, first organized by price, and then by the time the order was placed (earlier orders are closer to the front of the line).  In order for your buy order to trade, there must be no other limit orders of 10.01 or higher, or the sellers order would have matched with them instead. So once your order is filled, the price is 10.00, even if just for a millisecond, because there was a trade at 10.00, even though the price might go right back up after the trade.


Take a certain percentage of your income (say, 10%, but more is better if you can) and put it aside with every paycheck. Some employers will even allow you to direct deposit your paycheck into two different accounts and you can specify a certain amount or percentage for the second account. Your savings will go directly into a separate account as if you never had it in the first place. Consider your savings untouchable as spending money. Watch it grow. There's no other secret, you just have to do it!


So isn't this a success? It was implemented by taxation teams to ensure that non taxable transactions could no longer occur, and now they aren't. On the corruption side, everything is electronic and traceable now. Sounds like it is working as intended.


Brb, going to gather up some data for you that displays the various drug discoveries, new drugs, etc. by country/companies in those countries.   I’m not saying that the system isn’t fucked, or that drug prices aren’t absurdly high, or that there aren’t corporations out there not trying to give back to the world...but $$$ is will ALWAYS be the foundation of any business. To churn a profit. How do you do that? You develop a good product, sell the good product, and make your money back and then some for doing all the work. Yes, there are some holes that need to be plugged, i.e. generic drugs still being absurdly priced, gouging between insurance companies and the drug companies...but how can you throw shit in the face of ONE pharmaceutical company when it’s an industry-wide problem with so many different variables at play.   You build a pharmaceutical company, raise the billions of necessary funds to run trials (99% of which will never amount to an actual product the company can sell) WITHOUT relying on public offerings (selling stock... = shareholders), come across some more billions (still without selling stock to raise money) to market and produce your drugs from your 1/99 successful clinical trials all costing unfathomable amounts of $$$, and let me know how you’re doin. Shit is expensive. The people who bitch about the broken system offer up no realistic, economically sound means of fixing that system. There’s no such thing as a free lunch. What makes sense morally does not always translate to making sense economically, as fucked up as that is. There are tons of problems in this  world, and I’m not saying I have answers to any of them, but you need to be able to see the opposing view of an argument as well to fix a problem.


Yup, it's for Malaysia because as I said, it's for where I'm from. Can't say the same for the rest of the world, though I don't think it's just unique to Malaysia.  edit: The boycott is not unique nor originate from Malaysia, so it is quite a widespread to ever reach Malaysia.


"Since you have emphasized that you don't mind about variability, and that you have other funds you could liquidate, then I think a solution is to do with this money the same thing that you are already doing with those other funds. Then when you need the money, if the market has gone up sell the lots that were part of your original ""other funds"", which presumably have aged enough to qualify for long term gains rates, and let the newly purchased shares take their place."


Not being able to keep up with demand--for at least a foreseeable 5 years, as you just said--is a pretty huge failure in itself, and I don't see them being able to last. They underestimated the market and I expect some of the big established automakers like Toyota, Ford, and Nissan to swoop down and meet the demand with their own offerings as well as with new models. Tesla, as you just noted, still has yet to be PROFITABLE, whereas Amazon has been around for some 20 years now, and HAS actually turned a profit, and they've had the huge ups and downs of just about any 20-year-old business, so your comparison of Amazon's last-quarter losses to Tesla's last-quarter losses is pretty absurd.


Not really necessary in IB, which is much more about the pedigree of your graduate degree in terms of credentials.   CFA is only really applicable to asset management and equity research. Highly recognized in those two fields, but not useful in many others.