>We're supplementing their workers' food budgets and medical budgets. That is money that ought to be coming out of Walmart's pocket.  They are not forced to work there. It is really their choice. They also have the ability to supplement their own budgets by working more, or at another company. This is a choice, and the safety nets that the taxpayer subsidizes are supporting these choices, and are not a DIRECT support for Walmart. People have free will. If you can't understand this, then we may as well stop the argument right here.  >Listen, everybody who doesn't come from money is forced to work. Unless you don't mind living outside without medical care, fresh food or family. If you happen to have poor access to education or failed to achieve for some reason then you're forced to take what you can get.  I grew up poor. Government housing, foodstamps, the works. I find it amusing that the majority of people who want to argue about this type of topic with me actually come from a much more well-off situation than me, and then want to make it sound like they know what they are talking about. I never blamed low paying companies for my situation. My parents could have and should have worked harder. And the same goes for many of my poor friends growing up. I see human beings as powerful, amazing things, not victims who are helpless to the whims of others.  >If that job doesn't offer a living wage than you'll have to pick up a few extra shifts or another job altogether.  This is my point exactly!! It's just reality, folks. I'm in that situation myself right now, but I'm not blaming a business owner for trying to make money themselves. Sometimes you're given a shitty situation, life has dealt you a shitty hand, and you have to find your way out of it. It's hard, but sometimes that's life.  >Let's talk about the one that you espouse where high school dropouts get to negotiate with corporations for a living wage and if it doesn't work out that's just fine -- after all nobody is forcing them to take a job.  I don't remember saying high school dropouts get to negotiate for a living wage. I'm pretty sure I said I support *legislation* that will *force* these corporations to pay a living wage. Please don't put words in my mouth.  >People shouldn't have to work more than 40 hours a week just to put food on the table or pay their medical bills.  I agree. I think the government (subsidized by taxpayers, obviously) should provide 100% free medical care to it's citizens. This shouldn't be an issue about a company not paying enough to support an entire family. A greeter at Walmart was never supposed to be able to feed a family of five, sorry, and it's never been that way in the past. Some jobs are not meant to be high paying, and shouldn't be. But I do support universal healthcare, and at least a living wage (enough to support oneself in one's city).


ING Direct does this. Also, have you heard of Mvelopes?  It's a subscription-based service, but it's pretty simple to use, and it lets you have as many envelopes as you want.  You're not limited to five.


well there are many papers on power spot price prediction, for example. It depends on what level of methodology you would like to use. Linear regression is one of the basic steps, then you can continue with more advanced options. I'm a phd student studying modelling the energy price (electricity, gas, oil) as stochastic process. Regarding to your questions: 1. mildly speaking, it's really hard, due to its random nature! (http://www.dataversity.net/is-there-such-a-thing-as-predictive-analytics/)  2. well, i would ask what kind of measure of success you mean? what level of predicted interval one could find successful enough? 3. would you like me to send you some of the math-based papers on? 4. as i know, the method is to fully capture all main characteristics of the price. If it's daily power price, then these are mean-reversion effect, high volatility, spike, seasonality (weekly, monthly, yearly).  Would you tell me what kind of method you're using? Maybe we can discuss some shared ideas? Anna


What's your basis? If you have just made a 50% gain, maybe you should cash out a portion and hold the rest. Don't be greedy, but don't pass up an opportunity either.


FINRA defines institutional investors as:   Institutional investors include banks, savings and loan associations, insurance companies, registered investment companies, registered investment advisors, a person or entity with assets of at least $50 million, government entities, employee benefit plans and qualified plans with at least 100 participants, FINRA member firms and registered persons, and a person acting solely on behalf of an institutional investor.  From: http://www.finra.org/industry/issues/faq-advertising  Based on Rules 2210(a)(4) and 4512(c).  Institutional investors are expected to understand market risks and as a result, disclosure requirements are much lower (perhaps no SEC filings and no prospectus).


The chickens don't get a say in how KFC is run, they just turn up and are fed for a while. Quite morbid but that's the situation.  Businesses are the people who decide to even use Equifax, and on this whole disaster no one has said anything or come out in support of your Congress sorting it out.   I really do worry for America and the world, because unfortunately America seems to keep being on the forefront of these practices. What ever goes in America is soon hailed as success and fed to other countries.  But it's madder still because you guys keep lobbying new gun laws so you can keep the right to bare arms against an oppressive state!


Serious answer: If 7 banks owned the vast majority of houses for sale -- that is, on their balance sheet, at the peak of the housing bubble -- there would be. These 7 LCD companies produced the majority of LCDs globally. Real estate is far more decentralized, and in many times the bank merely provided financing for a third-party sale (from the builder, from any one of a hundred or so real estate companies, etc).  (But I am assuming you probably weren't looking for a factual answer, anyway.)


Some combination of the following  1. Executioner, warden, police, lawyer: Make sure the convicted are terminated or sanctioned in accordance with existing policy, both internal and external. Enforce compliance.  2. Chaplain, therapist: Work with management to ensure you're spiritually and emotionally capable of continuing to do the work you're given.  3. School administrator: Figure out ways to develop either specific employees or the general population for more advanced work.  4. Utopian reformer: Turn the organization into the type of touchy-feely paradise in which nobody is at each other's throats.  ...some focus more on one aspect that another. Sometimes they simply don't have the time to do everything they want to do - other times they are not given the authority to do so...


"A title such as ""5% Treasury Gilt 2020"" expresses the nominal yield.  In other words, 5% is the yield you will receive if you are able to buy the Gilt at the nominal (issue) price of GBP100. Of course, you will not be able to buy such a Gilt in today's market for the nominal price of GBP100.  It will be trading at a considerable premium and therefore, if you hold it until maturity you will realise a capital loss to offset the relatively high income you have received. Here is an example.  The ""8% June 2021 Gilt"" has a coupon of 8%.  To purchase a GBP100 nominal Gilt in today's market will cost you GBP135.89.  Thus, you will pay 135.89 to receive GBP8.00 income annually.  This represents a 5.88% yield (8/135.89 = 5.88%).  That sounds pretty good.  However, if you hold the Gilt until maturity you will only receive GBP100 on redemption and therefore you will experience a capital loss GBP35.89 on each Gilt purchased.  When this capital loss is taken into account it means that the 5.88% yield you are receiving as income will be offset by the capital loss so that you have earned the equivalent of 0.757% annually.  You can of course sell the Gilt before its 2021 maturity date, however as the maturity date gets closer the market price will get closer to the GBP100 nominal value and you will again face a capital loss.  There's no free ride in the markets.  5 year Gilts currently have a redemption yield of about 0.75%, while 10 year Gilts currently have a redemption yield of about 1.15%. You may also wish to note that buying Gilts in the open market requires a minimum purchase of GBP10,000 nominal value.  However, you can purchase small Gilt holdings through the post office."


If you plan on holding the money for 15 years, until your daughter turns 21, then advanced algebra tells me she is 6 years old. I think the real question is, what do you intend for your daughter to get out of this?  If you want her to get a real return on her money, Mike Haskel has laid out the information to get you started deciding on that. But at 6, is part of the goal also teaching her about financial stewardship, principles of saving, etc.? If so, consider the following: When the money was physically held in the piggy bank, your daughter had theoretical control over it. She was exercising restraint, for delayed gratification (even if she did not really understand that yet, and even if she really didn't understand money / didn't know what she would do with it). By taking this money and putting it away for her, you are taking her out of the decision making - unless you plan on giving her access to the account, letting her decide when to take it out.  Still, you could talk her through what you're doing, and ask her how she feels about it. But perhaps she is too young to understand what committing the money away until 21 really means. And if, for example, she wants to buy a bike when she is 10, do you want her to see the fruits of her saved money? Finally, consider that if you (or you & your daughter, depending on whether you want her to help in the decision) decide to put the money in a financial institution in some manner, the risk you are taking on may need to be part of the lesson for her. If you want to teach the general principles of saving, then putting it in bonds/CD's/Savings etc., may be sufficient, even if inflation lowers the value of the money. If you want to teach principles of investing, then perhaps consider waiting until she can understand why you are doing that. To a kid, I think the principles of saving & delayed gratification can be taught, but the principles of assuming risk for greater reward, is a bit more complex.


"At some point isn't it counter-productive to slap warnings on so many products that have an unproven correlation with increased cancer risk?    Where do you stop? Grilling food increases carcinogenic compounds in food. Does California need warning labels on grills?  Once there are enough warning labels they'll just get ignored, defeating the original purpose. Has your mattress warning label really made you more cautious about potential fire hazards?   While I don't know if RoundUp really increases cancer risk  (I'm inclined to doubt it given the last couple decades of 'human trials"" and no clear science based evidence that I'm aware of) I do know that crying wolf is the best way to condition people to ignore serious warnings about real risks."


They were given major tax breaks to make the move as well as leeway with the construction of their HQ. Boston is a hub of education and talent. CT has a talent pool yes, but Boston offers much much mpre. Especially if they're striving to be an innovative tech company


Weren't these fuckers just given 120 billion euros? At this point they should probably stop fueling this shit and just let them burn. European tax payers aren't the only ones dealing with this. The American Federal Reserve is lending money to the banks and the ECB to help with this. I don't want to pay for ailing banks in my own goddamn country, let alone those on the other side of the world in a country I may never visit.


"This is the best tl;dr I could make, [original](https://www.ubs.com/microsites/intellectual-capital/en/articles/2017/employer-tech-bill.html) reduced by 90%. (I'm a bot) ***** > At the same time that computer-based transactions are rising in importance, US companies are dedicating less and less of their investment spending to computers.  > Instead, an increasingly large share of investment spending is being dedicated to non-technology investment.  > If companies rely on employees to provide some of the technology they need to do their jobs, then distinguishing investment from consumer spending becomes less helpful.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6z7etk/why_you_may_be_footing_your_employers_tech_bill/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~207429 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **investment**^#1 **spend**^#2 **company**^#3 **data**^#4 **technology**^#5"


That makes sense.  So it's sort of a thoughtless process on a short time scale, but if you add up all that noise over time you could (potentially) end up with a more meaningful position than if you had valued and bet on each stock individually.  And I could see how these things could spread along a chain to unrelated stocks as well...


How much debt do you have?  Do you have a mortgage?  Car loans?  At the very least depending on your state 25k will be subtracted So you're left with 75k  Let me know so we can make that money work for you


"To be honest, why haven't startups taken advantage of Uber's shitty image to launch ""ethical"" uber taxi services?  I love Uber's service, but i'd be ready to pay 50% extra on a ride if i know the drivers are paid right and the company holds a good vision."


Depending on the product, A/C is necissary.  For example, many phones use a glue on the screen that will break down if exposed to heat for a period of time.  Many cheaper silicone and rubber products also don't fare well.  If Amazon constantly has issues with that, not only would they deal with large numbers of returns, but would be known for low quality.


I work at a large bank, that isn't too unusual although a lot of banks are moving to fee-free basic accounts and upping their fees on other specific transactions. For example, my bank did away with minimum balance requirements to waive a monthly service fee, but we started charging $2/month for paper statements and upped our out-of-network ATM fee by 50 cents.  Would like to point out that most financial institutions will reorder your transactions slightly for the purposes of accounting. It is much easier to run all transactions in big batches at the end of the day than individually as they come in. Required disclosures you receive upon account opening explain the exact order but most banks do all credits (money in) first and then debits (money out) like checks, debit cards, and ACH payments after. If you overdraft you can usually avoid a fee if you make a cash deposit before the end of the business day as the cash will go into your account before your purchases are debited.  OCCASIONALLY this accounting-based reordering will result in additional fees but that is not the intended purpose of reordering them. And I would always refund any incurred fees that happened due to accounting-based transaction reordering.   What Wells Fargo is doing has been illegal since 2008 and their continued appeals are hoping to get the ruling overturned so they won't have to pay out restitution to affected customers. It's frankly despicable.


"NASDAQ OMX Group owns NASDAQ, a stock exchange. It is a corporation, and is listed on the NASDAQ as NDAQ. It makes money by: source NASDAQ also charges for market data services, found in the NASDAQ ""Datastore"". Other information about the fees charged by NYSE and NASDAQ may be found in the Investopedia article The NYSE And Nasdaq: How They Work."


Oh god! The title was he closes in on something he doesn't want - More money than any one person, especially someone as famously frugal as Mr Buffet, could spend on a lifetime.   Hence, why not do something that would have an incredibly positive impact on an entire generation.  Again, I didn't think it was that difficult of a concept.


Lazy man's budget.  Four separate accounts for timing of expenses: short (monthly; utilities etc.), medium (quarterly+; property taxes), long (yearly+; house improvements) and retirement.   Set target levels for each account, to cover 1 full cycle.  The short target is smallest; it should comfortably cover a month.  For me each target is about 10x larger than the last.  (Cycles & targets for a homeowner w/ family; YMMV).   All income goes in short term.  When an account gets above target level, the excess gets swept up to the next longer term account.  That's all I keep firm track of; takes just a few minutes a month. Watching the account balances vs. their targets (and how short some of them are of target) keeps me focused on spending, and thinking about how much I can sweep (or can't) next paycheck.


it conveys professionalism and a businesslike attitude.  it probably is a silly thing to be bothered about but compare somebody dressed in a suit, with a smart conservative haircut, well groomed etc to mark zuckerburg in a hoody looking like a sulking man-child who needs his mommy to dress him. who would you want to do business with?  if it looked like he could barely dress himself, what faith would that give you in the fact that he is able to run a multi-billion dollar company?  edit: and a downvote why exactly?


> I've read in the WSJ a number of times that finance is unsurprisingly moving in a more intellectual direction, so i feel having this license in the long run may really pay off.  Intellectual as in becoming more and more dominated by PhD and academia based backgrounds.


"What you are looking for is the ""debt maturity profile"" (to make it easier to google. Most countries continuously roll over their debt, in effect just paying interest forever. So when your debt is due, you issue another loan for the same amount and use the new loan to pay off the old one."


Assuming that the conversion was completely non-taxable (i.e. your Traditional IRA was 100% basis), then the converted money can be taken out at any time whatsoever (no 5 year or age stuff), without tax or penalty, similar to directly contributed money. For withdrawing conversions and rollovers within 5 years of the conversion or rollover, the penalty only applies to the part of the conversion or rollover that was taxable. Since in this case the conversion was completely non-taxable, there is no penalty on the withdrawal. However, note that the ordering of the conversion money is not the same as for contribution money, and this may be significant in some cases. When you take money out of Roth IRA, it goes 1) contributions, 2) rollovers and conversions, and 3) earnings. However, money within (2) is then further divided by year, with rollovers and contributions for earlier years ordered before rollovers and contributions for later years, and then within each year, the taxable rollover and conversion money are ordered first, before the non-taxable money. So what does that mean? Well, suppose you made a Roth IRA conversion that was taxable one year, and then the next year you make a contribution. If you withdraw a little bit, it comes from the contribution which is ordered first, which means no penalty. Now suppose in that second year you had a backdoor Roth IRA contribution instead of a regular contribution. If you withdraw, the first year's conversion is ordered first, and since it's within 5 years, there's a penalty. It's still true that withdrawing the backdoor Roth IRA has no penalty; but, you don't get to that money until you finish the other one. If you've never made a taxable conversion before, then this issue doesn't exist.


Technically he isn't in charge of it. But that's part of the problem.   You only have a chance of enacting meaningful political and social change and progress if you run on a platform of strong ideas that enjoy broad popular support, AND those ideas are actually good ones that solve real world problems without creating too many new ones, AND you have a team in place quickly that is competent, skilled and capable of deploying your agenda efficiently.   Trump has none of those.


An equity tax does seem to make some sense. It would probably help to stave off deflation as well because it would encourage growth and investment where people would otherwise choose to sit on their money or worse.  An equity tax on currency or liquid investments of even .5% APR would have a huge effect on the behavior of corporations. Sadly the largest of them would have the resources to avoid the tax by keeping all of their money out of the country.


"Chance favors the prepared mind - Einstein   That being said, I liken it to a poker analogy. To win at poker you must play. To play you must already have something to put on the table. If you are betting your entire existence at every hand because you started poor you *can* win but it is far less likely to happen. You will make illogical decisions due to the fear or being destroyed. It's like how walking across a tightrope is easy when it is 6"" above the ground, but not 600 feet above the ground.   Also, in the beggining of life there is a good chance you will flame out or mess up a few times. Rich kids can do this as much as they need to, over and over again, to learn and get their feet under them. Poor kids generally get one chance and if anything goes wrong it's back to the factory to work for several more years to save up money again.   I believe they are calling this growing class of young people on the edge the ""precariat""."


I skimmed the answer from mirage007, and it looked correct if you're going to set this up from scratch.  Since you said you already have a system for tracking stocks, however, maybe you'd prefer to use that.  It should handle almost everything you need: Note that only the last of these actually ties the option and the underlying together in your accounting system.  Other than that case, the option behaves in your accounting system as if it were a stock. (It does not behave that way in the market, but you need to manage that risk profile outside of the double-entry accounting system.)


The end point of autonomous cars is not to own one at all. Why would you have a $35,000 hunk of metal sitting in a car park 90% of the day, when you could just subscribe to an automated car service?  Even cheaper than that, an automated minibus service that auto-generates routes based on demand?  The only reason we don't do it already is because of the relatively high price of an Uber with a human driver, and the lack of privacy from having a human driver in there with you.


"I am not familiar with this broker, but I believe this is what is going on: When entering combination orders (in this case the purchase of stocks and the writing of a call), it does not make sense to set a limit price on the two ""legs"" of the order separately. In that case it may be possible that one order gets executed, but the other not, for example. Instead you can specify the total amount you are willing to pay (net debit) or receive (net credit) per item. For this particular choice of a ""buy and write"" strategy, a net credit does not make sense as JoeTaxpayer has explained. Hence if you would choose this option, the order would never get executed. For some combinations of options it does make sense however. It is perhaps also good to see where the max gain numbers come from. In the first case, the gain would be maximal if the stock rises to the strike of the call or higher. In that case you would be payed out $2,50 * 100 = $250, but you have paid $1,41*100 for the combination, hence this leaves a profit of $109 (disregarding transaction fees). In the other case you would have been paid $1,41 for the position. Hence in that case the total profit would be ($1,41+$2,50)*100 = $391. But as said, such an order would not be executed. By the way, note that in your screenshot the bid is at 0, so writing a call would not earn you anything at all."


I had Amazon Prime for 3 years.  And I just stopped it at its renewal at the end of the month.  I don't own a Kindle or a Fire Phone or a Fire TV and I feel like all their services are getting geared to the people that do.  Android support for instant video? Nope!  Chromecast Support for instant video? Nope! They want you to buy their devices in order to take advantage of their features and I think that sucks.  Nothing against kindles or Fire Products I'm sure they work great.  I just don't have one or know anyone who does...  So why make me buy one in order to use something I'm paying for.  That an also the increase from $80 to $100 finally did it for me.   I'm not going to lie I'm gonna miss the free 2 day shipping but I guess I'll just have to have order over $35 to place orders from now on.


"If you read the first sentence of the article, you'll notice that the orders were placed, then canceled.  The only reason this is done is to front run real incoming orders and get in.    ""Translation: the ultimate goal of many of these programs is to gum up the system so it slows down the quote feed to others and allows the computer traders (with their co-located servers at the exchanges) to gain a money-making arbitrage opportunity.""  If you are an investor without access to floor space within 3 meters of the exchange computer to place a computer of your own, you are being  defrauded of the true market price by this machine."


The way to do this is to make your best offer and let the seller and his/her agent do the negotiation between them. If you try to build in the discount in your offer, you will come across as cheap.


Actually it is possible that it came from nowhere - the government could simply have printed it, just like the Zimbabwian government did when they were in need of cash.   Of course, you really don't want you're government to do that because it's one way to drive your economy straight into the ground with inflation...


"He looks like a bitter old fucking Scrooge. Also his argument is complete bullshit. ""I'm going to be taxed on what I am earning so I will have no choice but to make it even worse on myself by choosing to reduce the size of my business so that I earn less."" - yeah sure.  ""You see, I can no longer support a system that penalizes the productive and gives to the unproductive. My motivation to work and to provide jobs will be destroyed, and with it, so will your opportunities. If that happens, you can find me in the Caribbean sitting on the beach, under a palm tree, retired, and with no employees to worry about. ""  Here's the part he doesn't seem to get : someone will be three seconds behind your ass and take all the business you walked away from - don't let the door hit you in the ass on the way out."


Do we even control the Capital of Afghanistan if aircraft have to provide air support in the Fucking Capital and kill Civilians.  Why has that Orange buffoon got sucked into this when he campaigned on exiting this stupid war?


If you plan to take profit at $1.00 then your profit will be $40. Then, if you set your stop at $0.88 then your loss if you get stopped will be $20.  So your Reward : Risk = 2:1.  Note, that this does not take into account brokerage in and out and any slippage from the price gapping past your stop loss.


Andrew Lilico has a likely scenario for when Greece defaults on its sovereign debt: What happens when Greece defaults.   Here are a few things: Every bank in Greece will instantly go insolvent. The Greek government will nationalise every bank in Greece. The Greek government will forbid withdrawals from Greek banks. To prevent Greek depositors from rioting on the streets,   Argentina-2002-style (when the   Argentinian president had to flee by   helicopter from the roof of the   presidential palace to evade a mob of   such depositors), the Greek government   will declare a curfew, perhaps even   general martial law. Greece will redenominate all its debts into “New Drachmas” or whatever   it calls the new currency (this is a   classic ploy of countries defaulting) The New Drachma will devalue by some 30-70 per cent (probably around 50 per   cent, though perhaps more),   effectively defaulting 0n 50 per cent   or more of all Greek euro-denominated   debts. As Megan McArdle says, there's more at the link, all depressing. I think you're focusing too much on Greece leaving the euro and not enough on why Greece would leave the euro. Greece would leave the euro precisely so that it could pay back its debt in a new currency worth less than valuable euros. The new currency will devalue, since that's the point of leaving. Along the way the government forces its citizens to take the new currency. The money they have in Greek banks will be converted to the new currency: The citizens don't have a choice to keep their euros.


Exactly! I've been asked to buy a homeless man a burger at the Johnny Rockets by the House of Blues. I mean, we went just TWO BLOCKS away from the boardwalk once to hit a liquor store (because the boardwalk store had a 26 dollar 6-pack of Dos Equis), and I was scared for my life (granted we were walking at 11pm-ish). It's the ghetto.


**United States Postal Service**  The United States Postal Service (USPS; also known as the Post Office, U.S. Mail, or Postal Service) is an independent agency of the United States federal government responsible for providing postal service in the United States. It is one of the few government agencies explicitly authorized by the United States Constitution.  The U.S. Mail traces its roots to 1775 during the Second Continental Congress, when Benjamin Franklin was appointed the first postmaster general. The Post Office Department was created in 1792 from Franklin's operation, elevated to a cabinet-level department in 1872, and transformed in 1971 into the U.S. Postal Service as an independent agency.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&message=Excludeme&subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot) ^| [^Donate](https://www.reddit.com/r/WikiTextBot/wiki/donate)   ^] ^Downvote ^to ^remove ^| ^v0.28


"As others have said, if you don't have dependents, there's little need for life insurance. If you can't think of any obvious beneficiary for an insurance policy, than you probably don't need one. ""Dependents"" here should be understood broadly. It wouldn't necessarily be limited to wife and children. If you're the only support for your handicapped cousin, for example, you might want to provide for him. But I take it from your question that you have no such special case. Of course even if you have no dependents now, you might pick some up in the future. And if and when that does happen, your medical situation may have changed, making it difficult to get life insurance. But if you have no immediate plans so that any such even is likely to be far away, a serious alternative to consider would be to invest the money you would have paid in insurance premiums. Then if someday you do acquire dependents, you have a pot of money set aside to provide for them in case something happens to you. If it's not enough and you can get insurance at that time, then great, but if you can't get insurance, at least there's something. If you never do acquire dependents, you can consider that pot of money part of your retirement fund."


Depends... The pricing models for exotics imo are decent because there is no alternative. So if you going to be trading exotics then you might as well go by these models. The desk VaR models aren't too bad either as long (a) Your portfolio is small (b) There aren't too many idiosyncratic factors.  I view quantitative risk management models like the models predicting the weather. You know that your model will work 80% of the time, especially on mundane stuff like temperature, cloudiness, etc. However, the 5% of the time, like predicting hurricanes, your model is going to be only a very rough guess. So you should not rely on models to save you from a crisis, which exactly the opposite of what the suits and the Feds think.


As for when it's due - I don't know of any indicators of the top of my head. I'm sure you can find out with a bit of googlefu    As for when economics starts and finance ends it's hard to explain in simple terms.  Think about everything in an economy as 'acticity done by people'. Economics tries to study these activities (by governments, individuals and firms). It sounds like you're interested in this side more than the finance side so I'd highly recommend looking up Kahn academy videos in micro and macro economics.    Finance is sort of a study of the measure of economic activity (MEASURING the bonds the government's or firms issue etc).      Lastly I like listening to podcasts so it might be something you're interested in as well. Maybe check out some of the Bloomberg podcasts and others on the economy


Get all brands of laptop jack repair with warranty on repair services and parts. All the repair work is done in our service center with a good stock of spare parts within minimum time to give you back your unit the same day.


The key question is this - What brings you happiness? How much is this behavior actually making you miserable?  It's possible, and important, to find balance between frugality and as you say, being a miser. It's also important to understand the diminishing return, and to value not just your hour of time but your happiness-hour. By this I mean there's a distinction between an hour arguing with a customer service rep and spending an hour on a project yourself. There are countless people who push a lawn mower around every Saturday even though they have the money to hire a mowing company. Fresh air, exercise, quiet time, for them it makes sense. We pick and choose.  The happy mower is in a good place. The miserable mower who hates doing it and just won't spend the money, not so much.  Frugal simply means not wasteful, but it can be misunderstood to mean cheap. When our brand of TP is on sale, I'll use coupons, and stock up. Unless you visited and peeked into a cabinet, all seems normal. A visit to a friend's summer home taught us the value of packing a few rolls for a weekend visit into the unknown. Her cheap brand was like sandpaper and every item in her house was a strange brand I'd never heard of, including food items well beyond expiration. She took cheap to a new level.  In the end, this question is less about finance than about psychology.


My district wasn't a rich district. There were plenty of cheap houses, and I can't even think of a rich housing area in my district.   Besides, I was offering a different solutions from moving to an entirely new country. I'm pretty sure if you can afford to move to a new country, you can afford to move to a different district.  Also, you may disagree with this, but it is the parents that determine how well their kids do in school. As long as the child isn't fearing for his life, isn't worrying about going hungry, the teachers are doing the bare minimum, and the parents are involved in their kids school life, then the kid will do just fine in school.


You would assume they've made mistakes, but you'd also not know every person's life and circumstance that has them in that situation. You don't know everyone's life, but there are situations that just aren't accounted for and people are left behind in these jobs that don't pay a living wage. Even if they've made no mistakes, there are people stuck.  They're stuck there and regardless of what choices they've made, do they deserve to live a life a squalor because an employer doesn't feel like paying them a wage that's enough for them to live off of? Should we let our system run business as usual when we know there are ways we can alter the system to make a real difference?   We can change things, just becsuse it's helped a lot of people over time doesn't mean that we can't continue to improve upon it.   This isn't a call to reward people for their decisioms, just a call to help those who've fallen not stay down their whole lives. As it is, we see generational poverty and a reduction in upward mobility for our people, why continue to allow it when we know helping them proves more beneficial for us all than what helping them costs us.


Mr. John Hart, Business Development Manager Power Technologies at Dexmet Corporation, delivered the following presentation: “Value Proposition for MicroGrid Expanded Metal Foil” at the Hannover Messe Group Exhibit Hydrogen + Fuel Cells + Batteries held at Hannover Messe Exhibitions Grounds, Hanover, Germany.  For more information email us at: sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website: www.dexmet.com.


This is just terrible. Could you imagine owning a business in Michigan, and now you have to pay more than DOUBLE what you accrued for FUTA, and by the end of January, no less.   The states default, so the businesses have to pick up the slack.


10-15% of the bat you want to keep liquid in a savings account with interest at 1.5% that best at the moment. In case of a real emergency.  Look in to dividend stocks they can bring in 10-15% on your investment and fairly liquid as well.  There's also rental properties but 40k isn't much room to move around with in that area.


Can't I achieve the exact same effect and outcome by exchanging currency now and put that amount of USD in a bank account to gain some interest, then make the payment from one year from now? Sure, assuming that the company has the money now.  More commonly they don't have that cash now, but will earn it over the time period (presumably in Euros) and will make the large payment at some point in time.  Using a forward protects them from fluctuations in the exchange rate between now and then; otherwise they'd have to stow away USD over the year (which still exposes them to exchange rate fluctuations).


Omg, the answer is easy. Tell the TRUTH, and nothing is fraud. Down payment gifts are SOP's, and every lender works with that. EACH lender has their own rules. Fannie May and Freddie Mac could care less, and FHA and VA backed loans allow for full gifting unless the buyer's credit is below the standard 620, then 3.5% must come from the buyer. Standard bank loans want to know the source of the down payment for ONE REASON ONLY: to know if the buyer is taking ON A NEW DEBT! The only thing you will need do is sign a legal document stating the entire down payment is a gift.  That way the bank knows their lendee isn't owing a new substantial debt, and that there aren't two lenders on the house, because should she default, the bank will have to pay you back first off the resale. Get it? They just want to know how many hands are in the fire.


If you didn't have deposits, then the growth rate is simply ((p1/p0)^(1/t))-1, where p0 is the initial balance, p1 is the current balance, and t is the number of periods. For example, suppose you started the account with $100,000 in 2000. It's now 2015 -- 15 years later -- and the balance is $240,000. So the growth is: If you're making regular deposits, especially if you're making deposits of unequal amounts, the problem becomes much more complex. The easiest thing to do is probably to create a spreadsheet. Make a column for principle, a column for deposit amount, and a column for percent growth that period. Assuming A is principle and B is deposit, then the formula for growth C is =((A2-A1-B1)/A1-1)*100. Copy this formula down the column and Excel should automatically adjust the row numbers. Assuming you put one row for each month you can see the growth (or loss) month by month. You can get a general idea of what your overall growth rate has been by taking the average of the monthly amounts, but this would not be a truly accurate measure of your total growth because presumably (hopefully) you have more money in the later months than the earlier months. But it would be a good measure of how your investments are doing.


That might be what President Trump claimed (it isn't, he never said $100B *per year*), but [Slate says that it would've been a minimum of $6 billion by 2020](http://www.slate.com/blogs/moneybox/2017/06/02/president_trump_falsely_claims_the_u_s_spends_billions_and_billions_and.html).    The US gives out about [$42B per year in foreign aid](https://www.washingtonpost.com/graphics/world/which-countries-get-the-most-foreign-aid/), so $6B over 3 years to help poorer countries meet their emmision cutting targets doesn't seem to be something that would break the budget.


"It is the presupposition that makes this a rather ridiculous question. Makes me curious, would this be a civil or criminal crime? If you are convinced that this presupposition of illegality is a thing, talk to a lawyer. Yes, there may be consequences of doing any variety of actions while you owe the IRS, and while you do not owe the IRS. As an unincorporated business the IRS does not stop you from gaining an additional source of income to pay them with.  Perhaps lenders might not help you with capital. As an incorporated business no state is going to ask you if you ""owe back taxes"" before they allow you to pay them to register your business in their state. This isn't legal advice, I'm just assuming there is no legal advice to give based on your presupposition, to your original question, I'm going to go with no."


Just ship using a reputable courier (definitely not Yodel or Hermes!) that requires and obtains a surname and signature which you can view on their website (Citylink, Parcel Force to name a couple). Then remember to submit the tracking details when you mark the item as shipped on eBay. If the buyer is still brazen enough to claim the item never arrived, Paypal (in my experience) don't even entertain their claim. If however they claim the item arrived damaged/not as described, it could be trickier to defend. I'd recommend thoroughly documenting your item with photographs and recording the serial number, just in case you need to provide the details to Paypal. Again, in my experience, this has been enough to protect me from any fraudulent claims. To answer your second question, I don't believe eBay permits you to specify 'No Paypal', but if they did then yes, bank transfer is 100% safe (short of someone using stolen money to pay for the item, in which case you'd be guilty of money laundering thanks to the UK's wonderful laws on such things...)


"Matt Levine:  >Also, though, I found it hard to imagine that those Equifax executives were consciously insider trading. It would just be too dumb. Equifax's press release reporting the breach says that it ""discovered the unauthorized access on July 29 of this year and acted immediately to stop the intrusion,"" though it didn't announce it until yesterday because it was still investigating. The three executives filed Form 4s reporting sales on Aug. 1 and 2, days after the discovery. You could just about imagine them learning of the security breach, panicking, and selling everything -- except that they didn't sell everything. One sold about 4 percent of his stock holdings, another about 9 percent, another about 13 percent. Why do such comically obvious insider trading if you're only selling a small percentage of your stock? And indeed the company explained that these executives ""had no knowledge that an intrusion had occurred at the time."" I guess the time between ""tech person discovers a security breach"" and ""top executives discover it's a huge embarrassing crisis"" is more than a couple of days.  https://www.bloomberg.com/view/articles/2017-09-08/data-breaches-and-last-looks"


There are all sorts of topics in finance that take a lot of time to learn.  You have valuation (time value of money, capital asset pricing model, dividend discount model, etc.), financial statement analysis (ratio analysis, free cash flow & discounted cash flow, etc.) , capital structure analysis(Modgliani & Miller theories of capital structure, weighted average cost of capital, more CAPM, the likes), and portfolio management (asset allocation, security selection, integrates financial statement analysis + other fields like derivatives, fixed income, forex, and commodity markets) and all sorts.   My opinion of Investopedia is that there is a lot of wheat with the chaff.  I think articles/entries are just user-submitted and there are good gems in Investopedia but a lot of it only covers very basic concepts.  And you often don't know what you don't know, so you might come out with a weak understanding of something.    To begin, you need to understand TVM and why it works.  Time value of money is a critical concept of finance that I feel many people don't truly grasp and just understand you need some 'rate' to use for this formula.  Also, as a prereq, you should understand basics of accrual accounting (debits & credits) and how the accounting system works.  Don't need to know things like asset retirement obligations, or anything fancy, just how accounting works and how things affect certain financial statements.  After that, I'd jump into CAPM and cost of capital.  Cost of capital is also a very misunderstood concept since schools often just give students the 'cost of capital' for math problems when in reality, it's not just an explicit number but more of a 'general feeling' in the environment.  Calculating cost of capital is actually often very tricky (market risk premium) and subjective, sometimes it's not (LIBOR based).    After that, you can build up on those basic concepts and start to do things like dividend discount models (basic theory underlying asset pricing models) and capital asset pricing models, which builds on the idea of cost of capital.    Then go into valuation.  Learn how to price equities, bonds, derivatives, etc.  For example, you have the dividend discount model with typical equities and perpetuities.  Fixed income has things like duration & convexity to measure risk and analyze yield curves.  Derivatives, you have the Black-Scholes model and other 'derivatives' (heh) of that formula for calculating prices of options, futures, CDOs, etc.  Valuation is essentially taking the idea of TVM to the next logical step.  Then you can start delving into financial modelling.  Free cash flows, discounted cash flows, ratio analysis, pro forma projections.  Start small, use a structured problem that gives you some inputs and just do calculations.  Bonuses* would be ideas of capital structure (really not necessary for entry level positions) like the M&M theorems on capital structure (debt vs equity), portfolio management (risk management, asset allocation, hedging, investment strategies like straddles, inverse floaters, etc), and knowledge of financial institutions and banking regulations (Basel accords, depository regulations, the Fed, etc.).    Once you gain an understanding of how this works, pick something out there and do a report on it.  Then you'll be left with a single 'word problem' that gives you nothing except a problem and tells you to find an answer.  You'll have to find all the inputs and give reasons why these inputs are sound and reasonable inputs for this analysis.    A big part that people don't understand about projections and analysis is that **inputs don't exist in plain sight**.  You have to make a lot of judgment calls when making these assumptions and it takes a lot of technical understanding to make a reasonable assumption--of which the results of your report highly depend on.  As a finance student, you get a taste for all of this.  I'm gonna say it's going to be hard to learn a lot of substantial info in 2 months, but I'm not exactly sure what big business expects out of their grunts.  You'll mostly be doing practical work like desk jockey business, data entry, and other labor-based jobs.  If you know what you're talking about, you can probably work up to something more specialized like underwriting or risk management or something else.   Source:  Finance degree but currently working towards starting a (finance related) company to draw on my programming background as well.


I have an American Airlines VISA with miles that has no annual fee, but only because I request that they waive the fee each year. Word to the wise - they've never refused.


I am aware of that. I assume that the company's weigh the risk of moving losing team merchandise ( at a marked down price by virtue of selling to a company which distributes in third world ) vs the reward of semi-exclusive or perhaps timed exclusive distribution of the winning team's merchandise (which should be in high demand).  Edit: I shouldnt specify those markets as third world because that may be a misnomer.


"There needs to be a buyer of the shares you are offering.  There are a lot of feature rich options for buying and selling.  I don't understand them all in depth, but for example on TD Ameritrade here are some of the order types ""Limit"", ""Market"", ""Stop Market"", ""Stop Limit"", ""Trailing Stop %"", ""Trailing Stop $"".  This web page will explain the different order types https://invest.ameritrade.com/cgi-bin/apps/u/PLoad?pagename=tutorial/orderTypes/overview.html Stock with a higher volume will allow your trade to execute faster, since there are more frequent trades than stocks with lower volume. (UPDATE: More specifically, not more frequent trades, but more shares changing hands.) I'm a bit of a noob myself, but that's what I understand."


"Many people assume that if the price of something is $10 and they have 1,000 of that thing, they should expect to be able to sell them for something around $10,000.  Such an assumption may hold much of the time, but it doesn't always.  Worse, the cases where it fails to hold are often those where it would be relied upon most heavily.  Such an assumption should thus be considered dangerous. In a liquid market, the quantity of a something that people would be willing to buy at something close to the market price will be large relative to the quantity that people would seek to sell in the short term.  If at some moment in time one person in the market was willing to immediately buy 500 shares at $9.98 and another was willing to immediately buy 750 at $9.97, someone seeking to sell 1,000 shares could immediately receive $997.50 for them (selling 500 to the first person and 500 to the second, who would then be ready to buy 250 more from the first person who was willing to sell for $9.97).  Such behavior would be in line with what many people's assumptions. In an illiquid market, however, the quantity of something that people would be willing to buy near market price could be surprisingly low.  This is more often a problem in the marketplace of things like collectibles than of stocks, but the same thing can happen in the stock market.  If there's one potential buyer for a stock who thinks it's overpriced but has potential and would be worth $9.50, but that person only has $950 to spend, and nobody else thinks the stock would be worth more than $0.02/share, then until people sold a total of 100 shares the price would be $9.50, but after that the price would drop instantly to $0.02.  There would be no ""cushioning"" of the fall.  If the person with 1,000 shares was first in line, he'd get to sell 100 shares for $950 to the aforementioned seller, but would be unable to get more than $18 for the remaining 900. A major danger with markets is that markets which are perceived as liquid attract people to the buying side, while those which are seen as illiquid repel people.  The danger in the latter is obvious (having people flee a seemingly-illiquid market will reduce its liquidity further) but the former is just as bad.  Having people flock to a market because of its perceived liquidity will increase its liquidity, but can also create a ""false price floor"", causing demand to appear much stronger than it actually is.  Unless real demand increases to match the false price floor, the people who buy at the higher price will never be able to recoup their investment."


If I am interpreting the information in your post correctly, then you are completely correct that NYCERS is by no means worth it--there is no dilemma here.  In fact, I think NYCERS a worse deal than you are giving it credit for. NYCERS contribution costs you 6.2% of your TOTAL income because of the tax implication.  The value of contributing to it is only the difference between what you can earn there and what you would earn in your 403(b).  It's not clear whether that is even a positive number.  Even if it is, it is only some small percentage times your contribution amount, which is 4.5% of your total income.  The benefit of contributing to NYCERS is minuscule or even nonexistent.  There is no way on earth that it makes up for your tax loss. Remember, the 5% interest you get in NYCERS (is that annually or total?) is compensation for the time value of money.  It's not as valuable as an immediate 5% gain on your contributions and nothing near as valuable as a 5% increase in your income.  If you keep your money out of NYCERS then you can earn capital gains on it elsewhere, like in your 403(b) or in an IRA. When it comes to investing, legally avoiding taxes is pretty much always top priority.  Choosing among investments is also important, but not nearly as much.  In your case the answer seems quite clear.  Stop contributing to NYCERS immediately.


I'm using iBank on my Mac here and that definitely supports different currencies and is also supposed to be able to track investments (I haven't used it to track investments yet, hence the 'supposed to' caveat).


">Exactly right. ""Tax incentives"" do not mean that the state is giving Apple a trunk full of cash.  This is NOT strictly true.  If the area has (and I am fairly certain it does) [""tax incremental financing""](http://en.wikipedia.org/wiki/Tax_increment_financing) then a lot of the underlying costs of bringing facilities to an area -- costs associated with road construction, utility changes, etc -- are funded via municipal bonds and other taxpayer-based financing (which of course the companies that are part of these ""deals"" are given a multi-year pass on paying)."


Lots of bloomberg vids posted on dailymotion.com have interviews with Blackrock analysts.   Looked Blackrock up in wiki. Amazing size:  The company acquired Barclays Global Investors in December 2009, solidifying its position as the largest investment manager in the world.[3] As of June 2011, ***the company has over $3.65 trillion in assets under management.***


> It’s like an octopus spreading its tentacles across different markets  ..until Amazon is the dominating company by far in each of these market segments and basically defines industry standards that especially smaller companies cannot compete with due to lack of resources and power. That makes Amazon a quasi monopoly.


That is very true.  I should have used the qualifier that they basically only do domestic travel.  I have never tried to red-eye with them, but I guess they don't do it much, if at all.  However, if you have freedom, they are awesome due to their policies on:  * changing tickets (no fees, just fair difference and you keep the credit until you use it even when you buy the cheap fair),  * they don't fuck around with 24 hour cancellation policy (if you decide to cancel, no question/pressure, they just refund the money),   * [their rewards program is arguably the best if not one of the best](http://abcnews.go.com/Business/best-worst-frequent-flier-programs/story?id=13693563#.UIlyFK28FQI),  * they don't charge to check bags,   * **their boarding process get people on the plane in 15 mins instead of 30 or 45 mins** (my favorite part of SW after recently flying AA after like 10 consequitve SW flight),  * [they are the most on-time airline in the US](http://www.forbes.com/2010/02/18/americas-on-time-lifestyle-travel-tech-airlines-jet-blue-southwest.html),   * and they give away drink tickets like candy on halloween


"This is the best tl;dr I could make, [original](https://www.treasury.gov/press-center/press-releases/Pages/sm0132.aspx) reduced by 88%. (I'm a bot) ***** > Washington - Today, the U.S. Department of the Treasury&#039;s Office of Foreign Assets Control designated 13 current or former senior officials of the Venezuelan Government pursuant to Executive Order 13692, which authorizes sanctions against officials of the Government of Venezuela and others undermining democracy there.  > Today&#039;s designations focus on current and former officials of Venezuelan Government agencies associated with the elections or the undermining of democracy, as well as the government&#039;s rampant violence against opposition protesters and its corruption.  > The Government&#039;s undermining of democracy in Venezuela has driven the people of Venezuela into the streets in protest, and the Maduro government has responded with repression and violence.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6pqzi8/treasury_sanctions_13_current_and_former_senior/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~176339 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **Venezuelan**^#1 **Venezuela**^#2 **Government**^#3 **former**^#4 **National**^#5"


This is probably the best, most concise and yet detailed answer to this oft-posed question I've seen on this sub. Have an upvote. Only thing I'd add is that HFs' comparatively more active approach creates a moat vs. mutual funds, which are seen as more long-term, passive investments. This means they can charge fees and have higher expense ratios (though obviously anyone in finance who has been conscious in the last five years knows that this is changing)


"Doesn't higher prices mean higher wages for workers? Wouldn't this mean that workers would spend their extra income and in turn increase other people's incomes? Theoretically, if you want to justify low skilled immigration for ""cheaper"" goods, would not a slave economy be better than a free one? I'm just curious here"


I live in Asia, so yeah. LoL But I spend a lot of time traveling around as well. The media company produces content and develops content plans for a number of different customers. and we currently have a few big projects in the works over there.


What you are doing is barter trade. Most countries [if not all] would tax this on assumed fair value. There are instances where countries may relax this norm in border areas for a small amount.   Barter is not just for gold – one can virtually do this for any goods, i.e. sell garments in exchange for oil, sell electronic chips in exchange for consumer goods, etc. Quite a few business would flourish doing this and not exchange currency at all, hence the need for government to tax on the [assumed / calculated / arrived/ derived] fair value. A word of caution: at times this may not be fair at all and may actually cost more than had one done a transaction using currency.


The value of a company is totally different according to who buys it, why it buys it and why it buys it, so if you want to maximize the price, the quality and focus of the search is fundamental. FNBC Florida accumulates an immense experience advising on buy a business in florida of companies and uses a methodology aimed at maximizing the price. It is key to find, and to be interested in your company, the best buyers, those who can pay the most because they have more resources and because your company creates them more value.


> You might want to know a tad bit about tax code history before you start commenting on a post about taxes.  And hello to you, Mr. Pot.  > Go google historical tax rates and revenue yields, it's pretty easy.  That will yield an incomplete picture if you don't also consider [the other changes to the tax code around that time](https://en.wikipedia.org/wiki/Reaganomics).  If you think this is easy, you don't know what you're talking about.


Not always. You always consider economic factors in conjunction with each other rather than in isolation, which leads to weird assumptions. People spending isn't what you should look at always. When inflation is high, means government is spending. Government is spending on public projects, creating employment, increasing salaries, doling out loans. So you are putting money into the economy and into people's hands. Everybody will be spending, so it will also drive demand(Demand Pull inflation). But there are differences among economists regarding Cost push inflation, which is a dangerous phenomena. At the same time the interest rates, which are a monetary tool for central banks to increase(decrease) the money flow in the economy, are low. Under low interest rate conditions, businesses take loans to invest in projects. Because interest rates are low, people find it logical to spend now than spend later. As interest rates are low, there is an expectation that they cannot earn more in savings than investing in products which will generate benefits in the near term. These all goes on in cycles and after a period of inflation, you will see government taking action to rein in inflation. It will increase interest rates to suck money out of the economy. This is when people will curb spending, because they know they will earn a higher return while saving rather than investing.


The Fed sets the overnight borrowing costs by setting its overnight target rate.  The markets determine the rates at which the treasury can borrow through the issuance of bonds. The Fed's actions will certainly influence the price of very short term bonds, but the Fed's influence on anything other than very short term bonds in the current environment is very muted. Currently, the most influential factor keeping bond prices high and yields low is the high demand for US treasuries coming from overseas governments and institutions.  This is being caused by two factors : sluggish growth in overseas economies and the ongoing strength of the US dollar.  With many European government bonds offering negative redemption yields, income investors see US yields as relatively attractive.  Those non-US economies which do not have negative bond yields either have near zero yields or large currency risks or both.  Political issues such as the survival of the Euro also weigh heavily on market perceptions of the current attractiveness of the US dollar.  Italian banks may be about to deliver a shock to the Eurozone, and the Spanish and French banks may not be far behind. Another factor is the continued threat of deflation.  Growth is slowing around the world which negatively effects demand.  Commodity prices remain depressed. Low growth and recession outside of the US translate into a prolonged period of near zero interest rates elsewhere together with renewed QE programmes in Europe, Japan, and possibly elsewhere.  This makes the US look relatively attractive and so there is huge demand for US dollars and bonds.  Any significant move in US interest rates risks driving to dollar ever higher which would be very negative for the future earning of US companies which rely on exports and foreign income.  All of this makes the market believe that the Fed's hands are tied and low bond yields are here for the foreseeable future.    Of course, even in the US growth is relatively slow and vulnerable to a loss of steam following a move in interest rates.


"Market price is just the bid or offer price of the last sell or buy order in the market. The price that you actually receive or pay will be the price that the person buying the stock off you or selling it to you will accept. If there are no other participants in the market to make up the other side of your order (i.e. to buy off you if you are selling or to sell to you if you are buying) the exchange pays large banks to be ""market makers""; they fulfil your order using stocks that they don't want to either buy or sell just so that you get your order filled. When you place an order outside of market hours the order is kept on the broker's order books until the market reopens and then, at market opening time there is an opening ""auction"" at which orders are matched to opposing orders (i.e. each buy order will be matched with a sell) at a price determined by auction. You will not know what price the order was filled at until it has been filled. If you want to guarantee a price you can do so by placing a limit order that says not to pay more than a certain price for any unit of the stock."


Yeah, I don't know about the other people here, but I'm not going to help you brainstorm how to trick this guy. You've not give us any reason to believe he's being dishonest.  > He always puts emphasis on how much good he does for the company when he's just doing his job.  Maybe he's just looking for a pat on the back, who knows. It doesn't equal being a felon.


"They're certainly a factor.  Am I misunderstanding your comment?  The only way it seems to parse is if you're saying that a person who is ""earning 15K a year, no healthcare, little education, and living in poor neighborhoods ridden with theft and violence "" is not overweight, presumably for reasons at least related to the factors you gave as reasons.  But I don't see any obvious negative correlation between those things and obesity, which you appeared to be trying to claim."


Scouting for a latest addition to your house however doesn’t wish to reward across 1000 dollars for a latest couch? Then a bean bag footstools uk for adults is a best manner to go. The snooze sack is the lowest rates giant foam bags on web and they get upto eight feet in size!


"So back in the day, DOS had different types of memory.  The first 640k was called ""conventional"" memory, and DOS made it available to everything, to use as they will.  After that was ""UMA"" (upper memory area) that ran from 640k to 1024k.  UMA was generally reserved for mapping various system devices to memory.  After that, ignoring some system stuff, there was ""expanded memory"" that went from 1024k to 4gig (you'll remember the Win98 max memory size was 4 gig?  This is why.) called ""expanded memory"".  In the 386, there was a various combination of device drivers, system features, and extremely clever programming that allowed the user to move most device drivers, and other ""system"" stuff into expanded memory so more of that first 640k is available.  DOOM was a huge game, at the time, and required almost all the 640K, so you would have to make a boot floppy (or a bunch of clever config.sys/autoexec.bat stuff) that would boot the system into almost bare minimum mode and run DOOM.    DOOM would fill up most of that 640K and then load up EMM386.exe, and get at that sweet expanded memory for loading assets and such.    If you had enough expanded memory, you could just punt all those drivers into expanded memory by default and still have enough left for Doom to load in that 640K *and* have enough expanded for the assets to load."


"**David F. Swensen**  David F. Swensen (born 1954) is an American investor, endowment fund manager, and philanthropist. He has been the chief investment officer at Yale University since 1985.  Swensen is responsible for managing and investing Yale's endowment assets and investment funds, which total $25.4 billion as of September 2016. He invented The Yale Model with Dean Takahashi, an application of the modern portfolio theory commonly known in the investing world as the ""Endowment Model."" His investing philosophy has been dubbed the ""Swensen Approach"" and is unique in that it stresses allocation of capital in Treasury inflation protection securities, government bonds, real estate funds, emerging market stocks, domestic stocks, and developing world international equities.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&message=Excludeme&subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/finance/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"


FTA: Here's where Apple would fall:  1. Japan: $1.1113 trillion 1. China: $1.1022 trillion 1. Ireland: $295.8 billion 1. Brazil: $269.7 billion 1. Cayman Islands: $266.1 billion 1. Switzerland: $239.5 billion 1. United Kingdom: $234.4 billion 1. Luxembourg: $207.7 billion 1. Hong Kong: $196.3 billion 1. Taiwan: $181.2 billion 1. Saudi Arabia: $134.0 billion 1. India: $127.3 billion 1. Russia: $108.7 billion 1. Singapore: $107.9 billion 1. Korea: $100.1 billion 1. Belgium: $98.7 billion 1. Canada: $80.2 billion 1. France: $74.4 billion 1. Germany: $68.3 billion 1. Thailand: $66.5 billion 1. Bermuda: $60.9 billion 1. United Arab Emirates: $60.5 billion 1. **Apple: $52.6 billion** 1. Netherlands: $52.2 billion 1. Turkey: $49.5 billion 1. Norway: $48.3 billion 1. Sweden: $40.8 billion 1. Mexico: $38.9 billion 1. Philippines: $38.2 billion 1. Spain: $38.2 billion 1. Australia: $37.0 billion 1. Italy: $35.6 billion 1. Poland: $35.0 billion 1. Kuwait: $31.6 billion 1. Israel: $30.9 billion   All other: $455.7 billion


"The fact that women and elderly people work is actually bad for the economy: when half the population wasn't competing for labor, wages were higher. This isn't a gender thing, men could stay home-- it'd be cheaper than daycare, kids won't grow up institutionalized, could improve a house or raise livestock or something more productive than vacuous employment, etc.  You had to pay ""family men"" more than some guy with a kid across the country. By entering into labor competition, women drove down wages and fucked up a generation emotionally distant children."


how the hell is businessinsider NOT included in this ban? That junky site constantly has completely outrageous headlines upvoted to the top over an over again, only to read the article and find out they have sensationalized and essentially re-written content from other sites.


Yes, you idiots, keep clicking on those ad-filled blogs that cater to the ridiculous fear in you. There are some that have no problem making money in the fear-mongering industry and would love to see it grow--without a care of what damage it could cause.


"Read the book ""Bailout"". Holder and Geithner stopped investigations and the banks kept doing the same stupid/illegal stuff. Jez, they paid bonuses under Obama. The government had to take over the secondary mortgage market and pump in $5 trillion in QE and **still can't undo it**."


On June 30 2015, the value of a key should be exactly the expected revenue from selling the chest contents, owing to the fact that the next day the keys become worthless.  Looking at the steam community market, it seems like the value of a key is higher than this, but lower than 2.50?  If that's true, then since the price of a key is higher than the expected revenue from selling the chest contents as you say, then you can see that at some point the value of a key will have to go down.  And as you get closer to the cutoff date, the price will fall faster.  It's not quite the same, but this pattern is usually what you see in the ticket resale market on say, StubHub.  If there's something about keys that keeps their worth above the expected value of selling chest contents (some value to the flexibility that keys offer over other tradable items maybe?), then in the short run that won't change due to this distant deadline, just because it's so far off.  People will still want the flexibility keys offer.  Orthodox economics might suggest sell sooner rather than later, but certainly don't wait too long.  Different people react differently though.  If there are a lot of panicky people who sell their keys after hearing this news, it might be a good time to buy.  Of course it's a gamble, but if you trust in whatever force keeps keys priced above the expected value of the loot they can buy, then that force should win out in the medium term and you could turn a profit.


A credit card is essentially a contract where they will loan you money in an on demand basis.  It is not a contract for you to loan them money. The money that you have overpaid is generally treated as if it is a payment for a charge that you have made that has not been processed yet.  The bank can not treat that money as a deposit and thus leverage it make money them selves. You can open an account and get a debit card.  This would allow you to accrue interest for your deposit while using your money.  But if you find one willing to pay you 25% interest please share with the rest of us :)


I dont get people, i have my mortgage and that's it, 4% locked in for 10 years and dropping fast, my cousin, a couple months ago (since the rates are so low !!) refinanced her house to buy a brand new car. But she still is paying her old car, witch she traded in for the new one.  I dont get people.


"Note that even if you are limited to the HSAs your employer provides, you can still set up your own HSA with whatever trustee you want and periodically transfer the funds from your employer sponsored HSA to your own HSA: according to IRS pub 969 ""Contributions to an HSA"" section: Rollovers A rollover contribution is not included in your income, is not   deductible, and does not reduce your contribution limit. Archer MSAs and other HSAs.   You can roll over amounts from Archer   MSAs and other HSAs into an HSA. You do not have to be an eligible   individual to make a rollover contribution from your existing HSA to a   new HSA. Rollover contributions do not need to be in cash. Rollovers   are not subject to the annual contribution limits.   You must roll   over the amount within 60 days after the date of receipt. You can make   only one rollover contribution to an HSA during a 1-year period. Note. If you instruct the trustee of your HSA to transfer funds directly to   the trustee of another HSA, the transfer is not considered a rollover.   There is no limit on the number of these transfers. Do not include the   amount transferred in income, deduct it as a contribution, or include   it as a distribution on Form 8889. (italics mine) There may be minimums, opening, closing costs, etc. or whatever depending on each plan, but that's not limited by the IRS. So if you transfer the money yourself, you can only do it once per year, but there are no limits to when or how many times you can instruct the old HSA trustee to transfer funds directly to the new trustee. I also talked to the IRS today and they confirmed that you can have multiple HSA accounts as long as your total contributions don't exceed the yearly maximum (and from the quote above, transfers don't count as contributions)."


I never said I agreed with you. Nor does your experience line up with almost a decade of my own academic and teaching experience.  The higher education system is dysfunctional because it is trying to operate as a feeder institution for an industrial economy when we are clearly in a post-industrial economy that doesn't lend itself well to a 3 or 4 year bachelor program designed to turn people into technical specialists (accountants, engineers, lawyers, etc.).   College is absolutely designed to mold people for jobs, why else would businesses provide so many grants and scholarships to business schools? They expect academic institutions to produce workers that are ready to function without any on-the-job training.  Speaking from experience working in the consulting industry right now: I think there is a serious problem when liberal arts graduates in a business environment show more aptitude and willingness to learn and prove themselves than individuals who have specifically taken business-centric degrees, yet are constantly unable to think beyond the confines of what they were taught in school and refuse to open themselves up to different ways of thinking.  You would not believe how many lawyers and MBAs are unable to express themselves in writing, to the point where clients become upset because they can't understand what they are being told. The basics of education are no longer systematically taught to students.


"> ""Following an internal review and an on-site visit with Equifax, the IRS believes the service Equifax provided does not pose a risk to IRS data or systems,"" the statement reads. ""At this time, we have seen no indications of tax fraud related to the Equifax breach, but we will continue to closely monitor the situation.""  You mean the company that keeps lying, at a time when the tax season hasn't even started?"


"That makes complete logical sense, this isn't a shutdown of cryptocurrency however.   If you look at Russia, they banned Bitcoin at one point. Now they have said it is not illegal, and are looking to regulate it. It's entirely possible that the law makers don't understand it yet but eventually will. When that time comes rules will come into play possibly/hopefully will benefit the majority.  The biggest factor playing against crypto right now is lack of understanding to the majority. Many people don't understand there is no security with an ICO, you have no guarantee of profit. They hear about the gains bitcoin is making and they get excited. There was an ad going around that literally said ""Missed the Bitcoin ICO? Don't miss this one"" or something along those lines. It is feeding off the uninformed.  China isn't trying to ban crypto(We're talking about a large group of people), they're preventing ICOs from continuing what they are doing. A lot of ICOs are complete scams/ponzi schemes that benefit a very small percentage. They didn't just ban bitcoin, they banned scamming people. It's better to create a fast ban and change a law later, then to continue to allow people to get screwed while we debate logistics.  Banning ICOs in my opinion is a step in the right direction and in no way should be seen as the start of the end."


This is pretty shameless branded content by Forbes for UpWork.  “Brand Voice” should be called what it is, paid advertising.  I bet an agency has placed the post here too.  Anyone else noticing this or am I just being cynical?


Good Afternoon all,  My first time posting in this community as I am in need of some advice or insight into Bank Of America Merrill Lynch.  For my interview I have to prepare a 10 minute presentation with a further 10 minutes of questions afterwards. The presentation should consist of 3 points; 1) What do you see as BOAML’s strengths and weaknesses over its competitors 2) Why do you want to work at BOAML and why have you chosen to apply for this particular division? (The role I am applying for is a Systems Operations Analyst role)  3) What are going to be the key challenges of joining BOAML? (I have never worked in the industry before-previous experience in catering and retail).  Mostly looking for advice on point one as I am finding research somewhat difficult to come buy in terms of products and services (mainly just different statistics at the moment)  Any advice would be greatly appreciated!


It won't happen, oil companies control the US Gov. as much as any of the other Oligarchic factions.  Every GOP politician is in their pockets and the Corporate Dems are as well.    The US is controlled by Big Oil, Big Pharma, the Banking Cartel, and the Military Industrial Complex (with a few other major players like the Media Cartel etc.), anything one of those leading factions opposes will not happen regardless of what the people want.


You can find Wall Street Financial Analysts and Distinguished Research Professors of Economics to stake any position on the spectrum of economic theory from marxist to anarcho-capitalist. That is one of the ways that you can know that economics is not science. Physicists do not disagree about gravity.  History (and logic) show that when govt. raises taxes in aan uncertain economy that wealth will be stck into safe investments and if there is a threat of confiscation (and there will be), then wealth will hide.


"The specific ""State Pension"" plan you have linked to is provided by the government of the U.K. to workers resident there. More generally speaking, many countries provide some kind of basic worker's pension (or ""social security"") to residents.  In the United States, it is called (surprise!) ""Social Security"", and in Canada most of us call ours ""Canada Pension Plan"".  Such pensions are typically funded by payroll deductions distinct & separate from income tax deducted at source.  You can learn about the variety of social security programs around the world courtesy of the U.S. Social Security Administration's own survey. What those and many other government or state pensions have in common, and the term or concept that I think you are looking for, is that they are typically defined benefit type of plans.  A defined benefit or DB plan is where there is a promised (or ""defined"") benefit, i.e. a set lump sum amount (such as with a ""cash balance"" type of DB plan) or income per year in retirement (more typical). (Note: Defined benefit plans are not restricted to be offered by governments only. Many companies also offer DB plans to their employees, but DB plans in the private sector are becoming more rare due to the funding risk inherent in making such a long-term promise to employees.) Whereas a defined contribution or DC plan is one where employee and/or employer put money into a retirement account, the balance of which is invested in a selection of funds. Then, at retirement the resulting lump sum amount or annual income amounts (if the resulting balance is annuitized) are based on the performance of the investments selected. That is, with a DC plan, there is no promise of you getting either a set lump sum amount or a set amount of annual income at retirement!  The promise was up front, on how much money they would contribute.  So, the contributions are defined (often according to a matching contribution scheme), yet the resulting benefit itself is not defined (i.e. promised.) Summary: DB plans promise you the money (the benefit) you'll get at retirement. DC plans only promise you the money (the contributions) you get now."


"To futher elaborate on your point, if the exercises affect work directly as in help work get done, then they are useful.                  Also, I was basing my ""analysis"" of her based on *word choices* not her view. Please note I used negative views with differing word choices as counter examples and as a control of sorts in the original comment in my comparative analysis."


There is some benefit to creating a corporation or LLC -- you theoretically have a liability shield. As Michael Pryor points out in his answer, though, there will probably be little difference if you get sued. Operating the corporation or LLC incurs some extra costs: you have to pay annual fees to the state, and there's a bit of extra administrative overhead (very little overhead for an LLC though).


The fastest way to start is to go the opposite way of how startups usually work.  Instead of inventing a market, find something that is getting commoditized online, and see if you can fit in that established market via either a price cut or a unique feature.  If done properly, you could start earning in less than 10-20 days.


In order to be independent, people have to be able to go to school so they can get jobs. And they need more and more knowledge to get to that level. Thats a consequence of the growth in technology. Thirty years ago, anybody who could read and write, do simple math maintain their personal hygeine, and show up for work could get a job. Now its very different.   If you want to drop out of society, be my guest, move to Alaska or someplace and you wont have to deal with people. But if you live here, you have an obigation to involve yourself in society. If you don't don't blame others for outcomes you dont like, blame yourselves.  I'm just telling you, we all need to engage and figure out a way to move forward, OR in a very short time, we'll be a nation of 75% unemployed people with absolutely no prospects. Most of those people will be go getters who have every desire to work, *there just wont be anything they can do which somebody will pay them for*. machines will do all of that better and cheaper, or somebody else will get the job because they paid somebody off.


It depends on the type of loan.  Fully amortized loans have a schedule of payments don't recalculate as you pay.  If you want to make an additional payment you need to contact the lender to apply your payment toward principle and reamortize the loan.  Otherwise all your additional payment will do is change the amount due on your next payment, or push out your next payment due date. Regarding interest calculation, you owe interest on the principle outstanding.  Say you have a 10 year loan (120 Months), at 5% APR, and a $1,000 payment (this means you borrowed roughly $94,000) Each month the amount of interest owed reduces because there is less principle outstanding.  The reason loans are amortized like this is so the borrower has a predictable, known, monthly amount due.


Lucky you - here where I live that does not  work, you put money on the table year 1. Anyhow... You HAVE to account for inflation. THat is where the gain comes from. Not investment increase (value of item), but the rent goes higher, while your mortgage does not (you dont own more moeny in 3 years if you keep paying, but likely you take more rent). Over 5 or 10 years the difference may be significant. Also you pay back the mortgage - that is not free cash flow, but it is a growth in your capital base. Still, 1 flat does not make a lot ;) You need 10+, so go on earning more down payments.


No ulterior motives?  You do seem to submit a lot of links to sites like io9, forbes, torrentfreak, theverge, etc. and submit the same article to multiple reddits.  Your links to, for example, theverge also began at the same time that I began seeing them submitted by other users, so I have always been suspicious of your posts.


There's nothing new about Whole Life Insurance. The agent stands to earn a pretty hefty commission if he can sell it to you. I don't think your assets warrant using it for avoiding the taxes that would be due on a larger estate. I don't see a compelling reason to buy it.


> you're also signaling the value of tangible things like storage, weather, and transportation costs as well as intangibles such as future macroeconomic events, global policy decisions, etc.  To whom? I, as a buyer of the future, only get to know this from normal news, as can other people. Or is the assumption that I have a special source that not all people have access to, and hence when I buy the contract, other people think that I have some special information that they don't, and use this fact to then derive the prices of whatever?  Apologies if what I say makes no sense. I am a noob to finance. Please also provide some links for Price Discovery if you feel my understanding is wrong.


Maybe it only counts those who are actually worthy of work for pay based on this new economic era. Those who over spent for what they thought they were worth or made poor choices are most likely the ones complaining or have princess syndrome


There are times when investing in an ETF is more convenient than a mutual fund. When you invest in a mutual fund, you often have an account directly with the mutual fund company, or you have an account with a mutual fund broker.  Mutual funds often have either a front end or back end load, which essentially gives you a penalty for jumping in and out of funds. ETFs are traded exactly like stocks, so there is inherently no load when buying or selling.  If you have a brokerage account and you want to move funds from a stock to a mutual fund, an ETF might be more convenient. With some accounts, an ETF allows you to invest in a fund that you would not be able to invest in otherwise.  For example, you might have a 401k account through your employer.  You might want to invest in a Vanguard mutual fund, but Vanguard funds are not available with your 401k.  If you have access to a brokerage account inside your 401k, you can invest in the Vanguard fund through the associated ETF. Another reason that you might choose an ETF over a mutual fund is if you want to try to short the fund.


"> You can't claim this is government retribution  I didn't.  > just because it's a big company or a ""government-sized"" action.  I'm saying I don't think non-government should be in the position to be able to do government-sized actions, at least not negative and targeted ones.  > PayPal is not a utility.  The Internet is not yet a utility everywhere. Are petrol stations? Non-emergency medical care? (that last one may fall under some other must-serve definition).  Let's say the two ISPs in the US decide that since there's no net neutrality they'll throttle your business to 1 bit per week. Maybe because of your views. Maybe because you compete with them, it's their business and they don't have to justify it.  > You're making incorrect comparisons.  I don't think that I am. OK, let's say all non-utilities are allowed to deny access based on political views of customers or other arbitrary things. What if all the paint stores decided that you are a horrible person, so you are not allowed to buy paint. Eventually your house rots because you need to repaint it every now and then, and now you're homeless. Seems unlikely that they all would do this, right? Oh, but when you look at PayPal and VISA/MasterCard, there's like one. Or two.  What if the quorum of bitcoin transactory things do it? It's not that many, as I understand it.  Denying legal use of money in a de facto monopoly is to me not morally better than denying legal use of money in a public utility monopoly."


"> Or what if I change majors? You still have a stake on my lifetime income, but it won't be in the field you helped me into. So college-aged indecision would mean twice as much out of my take-home income for life?  How is that any different from now, when people can rack up huge student loan debt because of ""college-aged indecision"".  It could be set up so on a per year basis just as tuition currently is formatted.(eg. 1% of future income per term)    > Or what if I'd like to buy your percentage back from you? What would be a fair price? Would there be a market to establish it?  Well the contract would probably have some sort of penalty just as paying off a mortgage contract early incurs a penalty.   > But again; transactions costs. Think of six billion little corporations with all their vital stats and market data. Now imagine voting on the jobs and homes of the potentially hundreds of people in whom you have an interest. It would simply be impossible to keep track of.  I wasn't suggesting that each person be a corporation, I think you're confusing what I wrote with the novel you read.  I didn't suggest that the investors had voting rights in your life decisions.  It would be more along the lines of an extra tax you paid  (perhaps while filing your income tax).  Each person would have a different rate based on the amount of schooling they had."


I have made a few contacts but generally we are hired precisely because the client doesn't want to take on full time staff.   I need to make some contacts in the hedge fund or the trading business  but I can't figure out how.


While it makes a great sense to learn this amazing language, learning it is for sure not easy at all as long as you are not aware of the right source that can facilitate you with learning Chinese easily and efficiently.


They start at a higher price and repairs are more expensive than with a standard car. From my experience, many luxury cars get too expensive to keep after about 10 years due to increased maintenance costs.


Who actually supports these companies? I haven't seen a movie advertized that I'd pay to even rent the DVD in two years.   Stop going to shitty movies. Stop going to movies period. Maybe they'll not only stop this shit but start producing decent products too.


How do you know it doesn't bring anything new to the table if you refuse to give it a second chance since it launched 7 or so years ago? They've added public transportation to major cities, interactive 3D maps, restaurant reservations in-app via OpenTable (for restaurants that support it), they will bring indoor maps to malls and airports in iOS 11, and I'm sure there are other things I'm missing.  Personally, I don't think I've ever really had issues using it, and has always gotten me to my destination.


What's the primary factor keeping a consumer from handing out fees as liberally as corporations or small businesses do? Power. Can an individual, or more appropriately, what keeps an individual from being able to charge, fine or penalize a Business? If it could be accomplished, but at a high cost, let's assume it's based on principal and not monetary gain. And have a legal entitlement to money back?  No.  You are of course welcome to send your doctor a letter stating that you would like $50 to make up for your two hour wait last time around, but there's no legal obligation for him to pay up, unless he signed a contract stating that he would do so. Corporations also cannot simply send you a fine or fee and expect you to pay it; you must have either agreed to pay it in the past, or now agree to pay it in exchange for something. In these cases, the corporations have the power: you have to agree to their rules to play ball.   However, consumers do have a significant power as well, in well-competed markets: the power to do business with someone else.  You don't like the restocking fee?  Buy from Amazon, which offers free shipping on returns.  You don't like paying a no-show fee from the doctor?  Find a doctor without one (or with a more forgiving fee), or with a low enough caseload that you don't have to make appointments early.  Your ability to fine them exists as your ability to not continue to patronize them. In some markets, though, consumers don't have a lot of power - for example, cable television (or other utilities). The FCC has a list of Customer Service Standards, which cable companies are required to meet, and many states have additional rules requiring penalties for missed or late appointments tougher than that.   And, in the case of the doctor, if your doctor is late - find one that is.  Or, try sending him a bill.  It does, apparently, work from time to time - particularly if the doctor wants to keep your business.


There do not appear to be any specific legal measures to prevent bankruptcies.  In fact, they seems to be part of the means for which rates are raised, for the consequent aim of lowering inflation. See:  The Budgetary Implications of Higher Federal Reserve Board Interest Rates by Dean Baker, Center for Economic and Policy Research. The Federal Reserve Board (Fed) is widely expected to start raising   interest rates some time in 2015. The purpose of higher interest rates   is to slow the economy and prevent inflation. This is done by reducing   the rate of job creation and thereby reducing the ability of workers   to achieve wage gains.


>With so many establishments saying facebook was built on hype and was going to burn a lot of investors, I actually thought it might go up.  Why would you think that?  If you're new to investing, why would you bet against the people who make their entire livelihood analyzing the stock market?


According to the expert of Adbri Masonry, the replacement process is very easy and this makes this version so popular in the markets and upon getting dirty, cracked, chipped, stained, etc., you can use the simple process to remove the offending stone and replace it with a new one.


Based on what I know I'd say the following:   * financial assets are mostly owned by the rich, and so normal items aren't being purchased by normal people at any higher significant rate. The higher asset prices are staying invested instead of being used to spend.   * QE failed to raise consumers expectations for long term wage expectations, and so spending and credit hasn't grown as much.   * technology is causing a variety of deflationary pressures: ride sharing, room sharing is cheaper. Music and video are almost free. Brick & mortar stores are contracting.


I am not really qualified to be engaged in this argument so I won't tell you why I suspect you are wrong.  That said, there are many many many factors that drive productivity (which I believe is up?) and the income distribution (which I concede is a big problem). Observing that the problem started approximately concurrently with the end of the gold standard (which is arguable), is really not evidence that we should return to the gold standard.  Correlation != causation.


Our range of child safety products includes retractable stroller locks and hooks. They are available in beautiful colors to go with your stroller’s color. These products are highly compact and built with vinyl-coated cables to avoid any scratching of your buggy. The strollers can be locked to any nearby things easily without any hassle.


"Usually the FED uses newly printed money to buy US treasuries from Goldman Sachs, JP Morgan, etc..  These banks then lend out the new cash which expands the money supply. During the height of the crisis the FED printed over $1.0 Trillion and bought....well...almost anything the banks couldn't offload elsewhere.  Mortgage Backed Securities, Credit Default Swaps, you name it - they bought it.  Must be nice to always have a customer to sell your junk investments to.  They also bought these securities at face value - not at market value.  Chart from here.  The FED announced in early November, 2010 that they will print another $600 billion and buy US Treasuries.  They will be buying ALL the debt that will be sold by the US government for the next 8 months.  This was admitted by the Dallas FED chairman in this article: For the next eight months, the   nation’s central bank will be   monetizing the federal debt. ""Monetizing"" is a fancy word for printing money. I think this was done because the US government ran out of customers for its debt.  China has reduced its purchases of US debt and the Social Security Trust Fund is no longer buying US debt since it is running a deficit."


OK, at least there is still an answer that doesn't seek to troll or be sarcastic.  I was thinking that it has to do with the fact that wealthy consumers in non-Western countries often desire to emulate Western lifestyles and consumer trends.