vania-janet/multiturn-rag-retrieval-data huggingface dataset:
If you are looking to build wealth, leasing is a bad idea.  But so is buying a new car.  All cars lose value once you buy them.  New cars lose anywhere between 30-60% of their value in the first 4 years of ownership. Buying a good quality, used car is the way to go if you are looking to build wealth.  And keeping the car for a while is also desirable.  Re-leasing every three years is no way to build wealth. The American Car Payment is probably the biggest factor holding many people back from building wealth.  Don't fall into the trap - buy a used car and drive it for as long as you can until the maintenance gets too pricey.  Then upgrade to a better used car, etc. If you cannot buy a car outright with cash, you cannot afford it.  Period.
Yes, nothing is impossible! :) You can buy it directly from the factory of manufacturer, but then you will have to pay for sea shipping of this car. E.g. you can buy it directly from Japanese Toyota but then you will have to pay to sea cargo ship to deliver your car in container from Japan. Since this car is already your property, before importing to US, I doubt that you would need to pay any custom fees. In the end, the total payment might be a lot cheaper that you can buy there, but you need to be prepared to all this hassle
"The answer is Discounted Cash Flows. Companies that don't pay dividends are, ostensibly reinvesting their cash at returns higher than shareholders could obtain elsewhere. They are reinvesting in productive capacity with the aim of using this greater productive capacity to generate even more cash in the future. This isn't just true for companies, but for almost any cash-generating project. With a project you can purchase some type of productive assets, you may perform some kind of transformation on the good (or not), with the intent of selling a product, service, or in fact the productive mechanism you have built, this productive mechanism is typically called a ""company"". What is the value of such a productive mechanism? Yes, it's capacity to continue producing cash into the future. Under literally any scenario, discounted cash flow is how cash flows at distinct intervals are valued. A company that does not pay dividends now is capable of paying them in the future. Berkshire Hathaway does not pay a dividend currently, but it's cash flows have been reinvested over the years such that it's current cash paying capacity has multiplied many thousands of times over the decades. This is why companies that have never paid dividends trade at higher prices. Microsoft did not pay dividends for many years because the cash was better used developing the company to pay cash flows to investors in later years. A companies value is the sum of it's risk adjusted cash flows in the future, even when it has never paid shareholders a dime. If you had a piece of paper that obligated an entity (such as the government) to absolutely pay you $1,000 20 years from now, this $1,000 cash flows present value could be estimated using Discounted Cash Flow. It might be around $400, for example. But let's say you want to trade this promise to pay before the 20 years is up. Would it be worth anything? Of course it would. It would in fact typically go up in value (barring heavy inflation) until it was worth very close to $1,000 moments before it's value is redeemed. Imagine that this ""promise to pay"" is much like a non-dividend paying stock.
When I go shopping I make sure that I am not hungry and I have a written list that lets me to go through the shop as quick as possible.
"Retail stores are certainly ""winning"" and when online shopping starts winning they will switch to that, Walmart can easily deliver anything you want in 15 minutes to 90% of the US population and so can CVS and many other stores. They don't because it's way more profitable to have you come into a store. Amazon is HUGE online, they are like a giant compared to everything else except eBay, but realistically they are about like a Walgreens, which is a big retail store, but not huge. Except that Walgreens made 2 Billion dollars last year and Amazon's retail side lost money. If online shopping ever starts killing real retail they can switch to delivery super easily."
I recommend saving for retirement first to leverage compound interest over a long time horizon. The historical real return on the stock market has been about 7%.  Assuming returns stay at 7% in the future (big assumption, but don't have any better numbers to go off of), then $8,000 saved today will be worth $119,795 in 40 years (1.07^40*8000).  Having a sizable retirement portfolio will give you peace of mind as you progress through life and make other expenditures. If you buy assets that pay you money and appreciate, you will be in a better financial position than if you buy assets that require significant cash outflows (i.e. property taxes, interest you pay to the bank, etc.) or assets that ultimately depreciate to zero (a car).  As a young person, you are well positioned to pay yourself (not the bank or the car dealership) and leverage compound interest over a long time horizon.
When calculating the NPV, is there anything I need to do in between the project start date outlay (Nov 2017), and the first cash inflow (July 2019). Do I need to discount the cashflow to the present, and if so, how? Yes, you need to discount every cash flow to the present time, not just the first one.   When discounting cash flows, the appropriate discount rate needs to represent the opportunity cost of the initial cash outlay.  Meaning if you were to use that money for something else, what rate of return would you expect? You could be safe and assume only a risk-free return (like 2-3%) or use the average rate of return of other investments (e.g. 10-15%). Another common approach is to use your cost of capital if you're raising funds for the project, or would instead have use the funds to pay off existing debt. Once you find a relevant discount rate, then just discount each cash flow by dividing them by e^rt, where r is the annualized discount rate (e.g. 0.10 for 10%) and t is the decimal number of years between now and the cash flow (e.g. 1.5 for 18 months)
The best time to start holiday shopping is just after the holidays, when stores are selling off their remaining overstock. Outside of that, there's no one answer.
"I suppose it is on the surface, when you look at the cost of that indivdual item to your individual doorstep.  But one most consider the efficiency of the entire *system*.  While one item may be a chore, the UPS driver is really an online shopping delivery man.  Courier companies have developed very efficient networks of delivery.  Vastly more efficient than the net sum of the chaotic weekend chore runs that we all do, heading from store to store accross the city.  I know i've switched over to online shopping almost exclusively to avoid that. I'd rather wait a few days and have whatever i need delivered to home or work than waste one of my week days ""running around"".  I know that doesn't sound like much of a point, but consider the effect if a significant percentage of the population began to utilize online shopping.  Replacing the chaotic hordes of individuals running around all week, with an efficient delivery system.  The infrastructure savings would be likely be significant, and quality of life would be improved for most with less errands to be running.  It would be interesting if that could be quantified and compared to what the income from a state sales tax would bring."
there's only so much calculations a person can do before they're fatigued  people calculate how much time to give themselves to get ready for the day before work, they calculate necessary things during work, they calculate the gasoline or train ticket prices on their way home from work, they calculate how far they can stretch their budget after their rent increase, and then when they go shopping they have to calculate which toilet paper out of 20 choices is the most economical and not being sand paper  people are not lazy.... it's the system that makes people fatigued.  We have *too* many choices.  *Too* many calculations.
When children start daycare/nursery, the germs cross-pollinate, so you get some really nasty strains of coughs, colds, diarrhoea and 'flu in the house, which could cause the primary carer to be unable to do their caring without (your) help. Bigger Car If you can't get a baby seat into your car because it doesn't have the proper fittings or doesn't have rear seats, you'll likely need to change your car. There are plenty of cars that are bigger in terms of people space without being more expensive, but it'll cost to change. Insurances If you have health insurance (e.g. US), you're going to have a proportional increase. Call your provider for details. Bear in mind that children have more illnesses and accidents than middle-age parents, so it could be a shock. Some parents take out life insurance to provide for their childrens' financial future in case of the worst happening. This can be around 50 UKP/65 USD per month, but it all depends on the lump sum you're insuring for. Equipment As a new parent, you think you need an incredible amount of equipment such as Changing Station, Cot/Crib, 'Moses Basket', Carry-Chair, Car Seat, Travel Cot/Crib, Feeding Chair, Changing Mat, Baby Bath, etc. When you bring a new baby home, you really only need a wipe-clean changing mat and somewhere safe for baby to sleep. You can buy anything else as you need it. In fact, it gives you more perspective to go shopping once you've had the baby. Whatever you buy, keep the receipt and don't open it until you need it. Much easier to take back the, e.g. portable baby bottle warmer, if you didn't open it because baby is breast-fed. When they become bigger (2 months plus), you'll need a Cot/Crib. Invest in an adjustable cot-bed - it's a bit larger than a regular Cot/Crib and the floor lowers as they get bigger, so you only need one for the first 2.5 to 3 years.
Cash Advance Plus will be of use to you as long as you pay attention to how much you owe and when it is due. If you take these steps, you’ll be ready for an Eastside Lenders payday loan or a Zoom payday loan. In fact, you may find yourself feeling ready for just about anything.
I am glad they are going away. Malls are an environmental tragedy.   1)They are the product (or maybe even part of the cause) of suburban sprawl. They encourage car usage and, by virtue of their need for large open areas to be constructed, are often far from where most people work and live. As a result, patrons have to drive large distances from their houses/jobs to the shopping centers.   2) The [parking lots are tremendous waste of space and hugely damage the environment.](https://journalistsresource.org/studies/environment/transportation/parking-environmental-impacts-development-policies-research-roundup)    3) Online shopping is much better for the environment as the product can be shipped directly to the consumer.   4) Once they are built and then closed, the space where the centers sat is basically abandoned and turns into blight. Depending on the businesses that were housed in the mall and the businesses that were supported by the mail (especially gas stations), these sites could be toxic.   I am sure there are more reasons why malls are environmentally harmful, but those are a few off the top of my head.
I've shopped ToyRUs for years now. It was the go to store for my kids when they wanted a new toy, or just to kill time and let them see whats out before christmas shopping. I used to spend around 60-80% of my money there, then as the kids got older I shifted to around 20% with Amazon helping out so much. But this year they shut down several of the stores near me, including the one that I spent all my money at. Kmart did the same thing, and now the 2 brick and mortar stores I still spent money at are gone. I guess it's Amazon for 90% of my shopping now and target or (shudder) walmart for the rest.
"Here are the risks involved with student loans: So - what happens if you decide (or are forced) not to finish school (50% of students don't)?  You have no degree to boost income, but still have the debt.   What happens when you graduate and want to use that saved cash buy a house, car, etc., and treat the student loans as a monthly bill?  The next thing you know you're loan-poor and are struggling to make your monthly payments just like most other ""normal"" people. You aren't going to earn significant interest on your cash while you're in college (and it will not outpace inflation), and there's significant risk of your college savings losing money if they're not in risk-free investments, so it would NOT be wise to take out student loans when you have the means to cash-flow it. Also, student loans generally charge a roughly 1% fee, so that actually negates the interest you earn in your savings account. Plus you already have money in a 529 plan that is meant for college expenses (and cannot be used to pay student loans) - use that money for what it's for."
My assumption here is that you paid nearly 32K, but also financed about 2500 in taxes/fees.  At 13.5% the numbers come out pretty close.  Close enough for discussion. On the positive side, you see the foolishness of your decision however you probably signed a paper that stated the true cost of the car loan.  The truth in lending documents clearly state, in bold numbers, that you would pay nearly 15K in interest.  If you pay the loan back early, or make larger principle payments that number can be greatly reduced. On top of the interest charge you will also suffer depreciation of the car.  If someone offered you 31K for the car, you be pretty lucky to get it.  If you keep it for 4 years you will probably lose about 40% of the value, about 13K. This is why it is foolish for most people to purchase a new vehicle.  Not many have enough wealth to absorb a loss of this size.  In the book A Millionaire Next Door the author debunks the assumption that most millionaires drive new cars.  They tend to drive cars that are pretty standard and a couple of years old.  They pay cash for their cars. The bottom line is you singed documents indicating that you knew exactly what you were getting into.  Failing any other circumstances the car is yours.  Talking to a lawyer would probably confirm this. You can attempt to sell it and minimize your losses, or you can pay off the loan early so you are not suffering from finance charges.
Masai Auto City is a trustable place, from where you can buy active used car which is certified by our expert team. If you have to buy the second hand and want to save the money, then you should come here and visit our place. We have more than 1000 thousand insisted car that is every our car dynamic and awesome in condition Skudai used car. We offer you most noticeable second hand that is all around ensured the vehicle from our ruler gathering, they check the car. The Masai Auto City is a decent open door for those individuals who need to spare the cash and purchase second hand auto in the best condition.
These services are immensely popular in big cities where grocery shopping time is scarce and a lot of younger people are foregoing car ownership. The price is a little high (base package is $60/week for 3 meals for 2 people) but provides good value if you're willing to cook the food.  I think their biggest hurdle though is retention. These services are fun for the first few months until they start to feel like a chore. And if you don't end up cooking the food you throw out a ton compared getting takeout on your way home from work.
Two to three years? That is one long gestation period!  :^) Welcome.  Congratulations on taking savings into your own hands, you are a winner for taking responsibility for your, and your family's life. If I was you my first priority would be to pay off your car and never buy one on time again.  Or you could sell it and buy something with cash if that would be easier. It is tremendous that you are thinking and planning.  You are already ahead of most people.  Are you working on your basement as you have time/money like when work might be slow?  If so great idea.
I actually argued this with a friend few days ago that this internet based companies are not just monopoly in US but all over the world. Amazon comes to a new location it starts beating retailers by price and what holds it off is actually tradition of people. In the long run i don't think tradition will hold this sort of new habits  and this could make even grocery shopping done by internet. What needs to be done, or my suggestion, is taxing all these internet companies.  This way amazon won't be able to have that much price advantage and would be luxury where you pay more for (especially for basic stuff like groceries) making them come all the way to your apartment.  I personally like shopping in real life either it is clothes grocery books but since it is actually cheaper for me to buy from amazon, i always order my books from it.
I think the article mentions Circuit City because their employees were historically paid based on commissions.  Shopping at Circuit City in the late 90's/early 2000's was great from my experience because the employees were knowledgeable and were motivated to sell their assigned products.  At some point, they got rid of the commision based sales switching to flat low wages and they lost the competitive edge over Best Buy in my opinion.  Shopping at Circuit City became the same as shopping at Best Buy because both stores had non-motivated/knowledgeable sales people.
Are you discounting the time when the blogs have 0 traffic and 0 revenue? In both career paths, there is a high level of career capital to build. Once you've attained enough career capital, you can reap the benefits.   You can't compare one person that is still building career capital to another that is reaping the benefits.
Myself and my partner do things a little differently to most. We split accommodation and utilities payments by net income proportion to ensure that we both have the same amount of spending money. For example;  The really important bit is net income. We take off a whole bunch of payments, e.g; Our contributions go into a joint account and the rest is our money to spend. The upshot is that we both get to enjoy the same minimum quality of life because we both get the same amount to spend at the bar.
"Great topic, as interest rate swaps are one of the most commonly used derivatives by bank. In the simplest form, an interest rate swap is an exchange of payments between two parties. Say party A has a $100 loan with a fixed 4.25% interest rate, and party B also has a $100 loan with a variable rate, lets say prime plus 1% (prime is 3.25, so B is also paying 4.25%). Party A thinks interest rates are going to go lower and wants to lower his interest expense, while party B is a small company and doesn't want to be exposed to variable interest rates and needs to have a steady cash flow to project his budget. Party A and B agree to enter into an interest Rate swap for a notional amount of $100 where Party A agree to pay B prime plus 1% (fixed for floating) and party B agrees to pay A 4.25% (floating for fixed) for some period of time they agree upon (usually the maturity of the loan). Now from the start, the swap has a market value of $0, since A and B both receive the same as they are paying. As interest rates move, the value of the swap moves. Say interest rates fall, and prime is now 2%. B still pays 4.25% to A (he agreed to pay a fixed 4.25% no matter what) and A only pays 3% (prime plus 1%) to B. Remember the terms of the individuals loans did not change, so A owes $4.25 to his bank and B owes $3 to his bank. Party A uses the $4.25 from B to pay his bank, and pays $3 to B. Party A has lowered his interest expense by $1.25 and his position is considered ""in-the-money"", which means he is benefitting from the transaction. Party B gets $3 from A but still owes his bank $4.25. In reality, the transaction nets out to B paying A $1.25, rather than both A and B paying each other different amounts.
We use the future value annuity formula (here): v = p*((i+1)n-1)/i, plugging in v ($113880, our FV goal), $100 for P (the monthly payment) and 703 for n (total number of payments. We're looking for i, the interest rate. We're making 24 payments per year, so the value of i we find will be 1/24 of the stated annual interest rate of any account you put it into. We find that in order to make the same amount of money on an annuity that you save by paying off the loan, the interest rate on the account must average 3.07%. However, you're probably not going to stuff the savings from the mortgage in your mattress and sleep on it for 6 years. What if you invest it, in the same security you're considering now? That would be 146 payments of $780 into an interest-bearing account, plus the interest savings. Now, the interest rate on the security must be greater, because you're not only saving money on the mortgage, you're making money on the savings. Assuming the annuity APR stays the same now vs later, we find that the APR on the annuity must equal, surprise, 3.75% in order to end up with the same amount of money. Why is that? Well, the interest growing on your $100 semi-monthly exactly offsets the interest you would save on the mortgage by reducing the principal by $100. Both the loan balance you would remove and the annuity balance you increase would accrue the same interest over the same time if they had the same rate. The main difference, to you, is that by paying into the annuity now, you have cash now; by paying into the mortgage now, you don't have money now, but you have WAY more money later. The actual real time-values of the money, however, are the same; the future value of $200/mo for 30 years is equal to $0/mo for 24 years and then $1560/mo for 6 years, but the real money paid in over 30 years is $72,000 vs $112,320. That kind of math is why analysts encourage people to start retirement saving early.
"That's false. I'm not morally outraged by anything businesses do because they're not meant to be moral. I don't like it because it doesn't work and this policy won't work.   Secondly, trickle down economics is a theory that says benefits for the wealthy will help everyone else. That's in my text books. It's usually in the form of tax cuts but can come in other benefits.   It's a safe assumption to assume that tech firms are run by wealthy people. This benefits no one but the wealthy that run firms.  ""Unless you want to define any policy that helps business as trickle down."" This is false. The article clearly states this is benefit is being done for the betterment of Idaho's tech hub  because it provides so much for the state.  What's the difference between that and saying ""we're giving tax breaks to the largest corporations because the provide so much for the state?""   None. Firms save money to ""benefit"" the state, while only benefitting themselves in both scenarios.   It benefits Idaho business, which long term will hurt Idaho. Just like supply side economics benefits businesses, but hurts the county long term.   Economic benefits are more than taxes and gains. Especially when they're so closely related to jobs/mobility and expenses saved based on reducing mobility and forcing people to stay in the same jobs.   ""Help us keep our people here"" help us be able to pay them less to live in a shit state because us having top notch human capital is best  for society. It's an identical thought-train as help us be able to pay workers less than minimum wage because us having capital is what's best for society.  You are considering  the interest of firms for economic benefit, even though long term it won't benefit you. Sounds like the thought train of Reagan and Bush Jr. Who both trashed the economy.   It's come in benefits such as eased restrictions, lack of competition and lack punishment for lack of competition, and higher barriers to entry.   Who does this benefit for the sake of the ""common man"" (lmao) the wealthy owners of firms with high level employees."