The value of an option has 2 components, the extrinsic or time value element and the intrinsic value from the difference in the strike price and the underlying asset price. With either an American or European option the intrinsic value of a call option can be 'locked in' any time by selling the same amount of the underlying asset (whether that be a stock, a future etc).  Further, the time value of any option can be monitised by delta hedging the option, i.e. buying or selling an amount of the underlying asset weighted by the measure of certainty (delta) of the option being in the money at expiry. Instead, the extra value of the American option comes from the financial benefit of being able to realise the value of the underlying asset early. For a dividend paying stock this will predominantly be the dividend. But for non-dividend paying stocks or futures, the buyer of an in-the-money option can realise their intrinsic gains on the option early and earn interest on the profits today. But what they sacrifice is the timevalue of the option.  However when an option becomes very in the money and the delta approaches 1 or -1, the discounting of the intrinsic value (i.e. the extra amount a future cash flow is worth each day as we draw closer to payment) becomes larger than the 'theta' or time value decay of the option. Then it becomes optimal to early exercise, abandon the optionality and realise the monetary gains upfront. For a non-dividend paying stock, the value of the American call option is actually the same as the European. The spot price of the stock will be lower than the forward price at expiry discounted by the risk free rate (or your cost of funding). This will exactly offset the monetary gain by exercising early and banking the proceeds. However for an option on a future, the value today of the underlying asset (the future) is the same as at expiry and its possible to fully realise the interest earned on the money received today. Hence the American call option is worth more. For both examples the American put option is worth more, slightly more so for the stock. As the stock's spot price is lower than the forward price, the owner of the put option realises a higher (undiscounted) intrinsic profit from selling the stock at the higher strike price today than waiting till expiry, as well as realising the interest earned. Liquidity may influence the perceived value of being able to exercise early but its not a tangible factor that is added to the commonly used maths of the option valuation, and isn't really a consideration for most of the assets that have tradeable option markets. It's also important to remember at any point in the life of the option, you don't know the future price path. You're only modelling the distribution of probable outcomes. What subsequently happens after you early exercise an American option no longer has any bearing on its value; this is now zero! Whether the stock subsequently crashes in price is irrelevent. What is relevant is that when you early exercise a call you 'give up' all potential upside protected by the limit to your downside from the strike price.


Ok, its been over a week, I think I am done with this. If you feel answering last makes you a winner, GJ. You are, though, incorrect in showing any example of a country that simultaneously purchased and sold its own debt. Also, I rule.


NYSE and Nasdaq are secondary markets where stocks are bought or sold. The process of creating new stocks via IPO or private placements etc are called Private Market.


"- So some time goes by and people start catching onto this system of credit-worthiness, and farmers and fishermen and so on start to realize that they can get better value for their IOUs by demonstrating credibility. People with shakier reputations or dubious prospects may not be able to ""issue money"", or might only be able to do so at very high ""interest"". E.g., a new farmer with no track-record might have to promise me twice as many potatoes in exchange for a deer haunch, due to the risk that I might never see any potatoes at all.   - This obviously gets very messy fast, as different apple- and potato-certificates have different values depending on whether they were issued by Bob or Jane, and everyone has to keep track of and evaluate whose future apples are worth what.   - Some enterprising person, maybe the merchant who runs the trading-post, comes up with the idea to just issue one note for all the farms in town. He calls a meeting with all the farmers, and proposes to have the town priest keep a book of certificates and so on, and the farmers will get notes just like everyone else in exchange for the crops they contribute to the pool, and the merchant will keep a cut of the crops with which to hire some accountants and farm-surveyors to estimate the total crop yields across town and so on.   - Everyone agrees (or at least, enough farmers agree to kind of force the other ones to get on-board if they want to participate meaningfully in the town economy), and we now have something like a central bank issuing something like **fiat currency**: that is, currency whose value is ""decided"" by some central authority, as opposed to the kind of straight-up exchange certificates that can be traded for an actual apple from the issuer, for example.  - Now we have something that looks a lot like a modern monetary system. The town can set up audit committees or whatever, but the idea is that there is some central authority basically tasked with issuing money, and regulating the supply of that money according to the estimated size of ongoing and future economic activity (future crop yields).   - If they issue too much money, we get inflation, where more apple-certificates are issued than apples grown, and each apple-note ends up being worth only three-quarters of an apple come harvest-time. If they issue too little currency, economic activity is needlessly restricted: the farmers are not able to hire enough workers to maximize crop yields and so on, the hunter starts hunting less because his deer meat is going bad since nobody has money to buy it, and so on.   **At this point, you may be asking, ""Why the hell go through all this complexity just to trade apples for deer and shoes? Isn't this more trouble than it's worth?""**   The answer is because this is a *vastly* more efficient system than pure barter. I, as a hunter, no longer need to trade a physical deer haunch for a bushel of apples to carry over to the shoemaker in order to get shoes. You, as an apple-farmer, can hire workers *before* the crop is harvested, and therefore can grow more, and your workers can eat year-round instead of just getting a huge pile of apples at harvest-time to try and trade for for whatever they will need for the rest of the year.   So back to money...  The thing to remember is that all throughout, from the initial trade to this central-banking system, *all of this money is debt*. It is IOUs, except instead of being an IOU that says ""Kancho_Ninja will give one bushel of apples to the bearer of this bond in October"", it says **""Anyone in town will give you anything worth one bushel of apples in trade.""**  The money is not an actual *thing* that you can eat or wear or build a house with, it's an IOU that is redeemable anywhere, for anything, from anyone. It is a promise to pay equivalent value at some time in the future, except the holder of the money can call on anybody at all to fulfill that promise-- they don't have to go back to the original promiser.   **This is where it starts getting interesting, and where we can start to answer your question...**  (for the sake of simplicity, let's stop calling these notes ""apple certificates"", and pretend that the village has decided to call them ""Loddars"").   - So now you're still growing apples, but instead of trading them for deer-haunches and shoes, you trade them for Loddars. So far, so good.   - Once again, you want some meat, except harvest time hasn't come yet so you don't have any Loddars to buy meat with. You call me up (cellphones have been invented in this newly-efficient economy), ""Hey otherwiseyep, any chance you could kill me a deer and I'll give you ten Loddars for it at harvest-time?""  - I say, ""Jeez, I'd love to, but I really need all the cash I can get for every deer right now: my kid is out-growing shoes like crazy. Tell you what: if you can write me a promise to pay *twelve* Loddars in October, I can give that to the shoe-maker."" You groan about the ""interest rate"" but agree.   Did a lightbulb just go off? **You and I have once again *created Money*.** Twelve loddars now exist in the town economy that *have not been printed by the central bank.* Counting all the money trading hands in the village, there are now (a) all the loddars that have ever been printed, *plus* (b) *twelve more* that you have promised to produce.   This is important to understand: I just spent money on shoes, which you spent on deer meat, that *has never been printed*. It's obviously not any of the banknotes that have already been issued, but it's definitely real money, because I traded it for new shoes, and you traded it for a dead deer.   - Once you and I and others start to catch on that this is possible, that we can spend money that we don't have and that hasn't even been printed yet, it is entirely possible for a situation to arise where the total amount of money changing hand in the village vastly exceeds the number of loddars that have actually been printed. And this can happen without fraud or inflation or anything like that, and can be perfectly legitimate.   - Now, what happens if another wildfire hits your orchard? **Those twelve loddars are destroyed,** they are gone, the shoe-maker is twelve loddars poorer, without spending it and without anyone else getting twelve loddars richer.   The money that bought your deer and my shoes has simply vanished from the economy, as though it never existed, despite the fact that it bought stuff with genuine economic utility and value."


Never. Isn't that the whole idea of the limit order. You want a bargain, not the price the seller wants. And when the market opens it is volatile at the most, just an observation mayn't be correct. Let it stabilize a bit. The other thing is you might miss the opportunity. But as an investor you should stick to your guns and say I wouldn't buy any higher than this or sell any lower than this. As you are going long, buying at the right price is essential. You aren't going to run away tomorrow, so be smart.  Probably this is what Warren Buffet said, it is important to buy a good stock at the right price rather than buying a good stock at the wrong price. There is no fixed answer to your question. It can be anything. You can check what analysts, someone with reputation of predicting correctly(not always), say would be the increase/decrease in the price of a stock in the projected future. They do quite a lot of data crunching to reach a price. Don't take their values as sacrosanct but collate from a number of sources and take an average or some sorts of it. You can then take an educated guess of how much you would be willing to pay depending the gain or loss predicted. Else if you don't believe the analysts(almost all don't have a stellar reputation) you can do all the data crunching yourself if you have the time and right tools.


Just like facebook, the hard part is the community not the software.  A generic clone can be made from scratch in no time.  Hell, there was basically a competition to write one is little amount of code as possible a while back.


"You need to hope that a fund exists targeting the particular market segment you are interested in. For example, searching for ""cloud computing ETF"" throws up one result. You'd then need to read all the details of how it invests to figure out if that really matches up with what you want - there'll always be various trade-offs the fund manager has to make. For example, with this fund, one warning is that this ETF makes allocations to larger firms that are involved in the   cloud computing space but derive the majority of their revenues from   other operations Bear in mind that today's stock prices might have already priced in a lot of future growth in the sector. So you might only make money if the sector exceeds that predicted growth level (and vice versa, if it grows, but not that fast, you could lose money). If the sector grows exactly as predicted, stock prices might stay flat, though you'd still make a bit of money if they pay dividends. Also, note that the expense ratios for specialist funds like this are often quite a bit higher than for ""general market"" funds. They are also likely to be traded less frequently, which will increase the ""bid-ask"" spread - i.e. the cost of buying into and getting out of these funds will be higher."


Well it depends what you are trying to do. You first job, almost by definition, will be entry level. Your coding is particularly valuable. The basics probability distributions should take you like a day or two tops with your background. So, no, I don't think some sort of job in risk management or a small role in a quantitative finance group (likely just coding) it out of the question. Only one way to find out. And you'll pick up the rest from there.  Edit: Just read you have a graduate degree in Physics/Math/Engineering. Of course you could get a job with your skill set. Likely a good one. One of the upsides to finance is they like to hire smart people and are okay with them developing skill sets as they go.


"Dude, I'm a small business owner. The fact of the matter is employee costs are a big expense. But the truth is, I think people that pay minimum wage are scum.   If you're so convinced that a livable wage would make it ""worse"", why don't you standardize a companies 10-k and show me that the cost of the product will raise equal to the wage increase? You can't, because it won't. The cost increase on margins is divided over every operating metric a company has, and therefore the price won't increase at a 1:1 ratio.   Further, the margins that are made by the companies employing the people making minimum wage are often from government assistance. So you're claiming it's cheaper for the populace to create false net revenues by directing tax dollars to support the very people that can't buy food because of a $7 an hour wage.   Then you have the countless people stuck in the welfare hole of losing their benefits if they get a slightly better job that just knocks them out of the specified ranges required to qualify. So you have people that want to work, but now can't make too much money or it will make their life worse, all because of the system that was created by a minimum wage that never matched inflation and cheap companies that rely on welfare systems to keep their employees happy a rough to keep living.   Companies that pay minimum wage are jokes."


It is not a limitation of ebooks.  Limitations are imposed by Amazon (and others).  The large publishers likely tell Amazon they won't let Amazon sell their e-content without draconian policies.  However, I beleive Amazon includes draconian policies even on ebooks without such customer hostile publisher demands so that makes it difficult for Amazon to claim they are not choosing the draconian policies.  I sell my ebook through leanpub http://leanpub.com/managementmatters  You buy it, you own it.  Leanpub doesn't go around deleting it from your device.  The draconian policies are choices by publishers and retailers, not some condition of ebooks, in the way the articles states.


"Be careful here: If ACME were in California, I would pay taxes on USD 17,000 because I   had revenue of 20,000 and expenses of 3,000. To CALIFORNIA. And California taxes S-Corps. And, in addition, you'd pay $800 for the right of doing business in the State. All that in addition to the regular Federal and State taxes to the State where you're resident. Suppose that ACME is in Britain (or anywhere else for that matter). My   revenue and expenses are the same, but now my money has been earned   and my expenses incurred in a foreign country. Same thing exactly. Except that you'll have to pay taxes to the UK. There may be some provision in the tax treaty to help you though, so you may end up paying less taxes when working in the UK than in California. Check with a licensed tax adviser (EA/CPA licensed in your State) who won't run away from you after you say the words ""Tax Treaty"". Does it even make sense to use my S-Corporation to do business in a   foreign country? That should be a business decision, don't let the tax considerations drive your business."


IT positions - absolutely!  If you can learn Broadridge or IBM etc, there is a demand for you.  Not only in the brokerages but vendors as well.  Just pushing paper around as a clerk - no very well paid.


I think you're not applying the right time scale here. ESPP (Employee Stock Purchase Plan) is usually vesting every 6 months. So every half a year you receive a chunk of stocks based on your salary deduction, with the 15% discount. Every half a year you have a chunk of money from the sale of these stocks that you're going to put into your long term investment portfolio. That is dollar cost averaging. You're investing periodically (every 6 months in this case), same (based on your salary deferral) amount of money, regardless of the stock market behavior. That is precisely what dollar cost averaging is.


I know that in the case of cash dividends I will get the dividend as long as I bought the stock before the ex-date but what happens in the case of an stock dividend? This is same as cash dividends. You would receive the additional stock.


Pump-and-dump scams are indeed very real, but the scale of a single scam isn't anywhere near the type of heist you see in movies like Trading Places. Usually, the scammer will buy a few hundred dollars of a penny stock for some obscure small business, then they'll spam every address they have with advice that this business is about to announce a huge breakthrough that will make it the next Microsoft. A few dozen people bite, buy up a few thousand shares each (remember the shares are trading for pennies), then when the rise in demand pushes up the price enough for the scammer to make a decent buck, he cashes out, the price falls based on the resulting glut of stock, and the victims lose their money. Thus a few red flags shake out that would-be investors should be wary of:


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"AI is a meaningless term.   LASSO regression is ""AI"" when you use it interchangeably with ""machine learning.""  And $20 million is extremely small. He is running a garage shop here. 21% annualized for 4 years is not impressive, since he has no process, he could just as easily give it all back in a year without having any idea what to do to stop it other than cut all exposure and turn off the box."


I'm confused by the content of your post in the context of replying to mine.  You are saying that one needs to build their team for their company to be successful and that includes treating your team members with respect.  I agree with that, but that doesn't mean you need to overpay them for the worth of the job they fulfill.


Someone mentioned sign up bonuses but only mentioned dollar values. You might get points, sweet, sweet airline points :) which some might find compelling enough to churn cards so they always have a few open.


> When an EVP comes to your desk and needs something done and you're lower level, that's A Priority, but if you have other priorities that are on deadline from your more immediate boss, then you're scrambling.. it gets old.  That's your issue, it's not a priority.  The thing to remember about this is he's taking about communication, not orders.  No one in another division is going to be setting my priorities, I will, or my supervisor will.  If you've made a VIP's request a priority, it's your fault.  It's maybe different for me coming from an IT background, but I prioritize agnostic of requester.  The issue decides the priority, not the user.  For the most part, no matter how far up a company you go, explaining to someone that their request is noted, but you have X do get done before you can start is enough.  If they insist, let them know they can speak to your supervisor if they feel priorities should be changed.  Communication should be open, orders should not.


You might want to talk with your financial planner about any or all of the following: as well as Some of these offer the guarantee of a minimal amount of interest, as well as the ability to take a loan out against the cash value, without lapsing the policy.  They may also offer certain tax advantages depending upon your jurisdiction and situation.


"Of course. ""Best"" is a subjective term. However relying on the resources of the larger institutions by pooling with them will definitely reduce your own burden with regards to the research and keeping track. So yes, investing in mutual funds and ETFs is a very sound strategy. It would be better to diversify, and not to invest all your money in one fund, or in one industry/area. That said, there are more than enough individuals who do their own research and stock picking and invest, with various degrees of success, in individual securities. Some also employe more advanced strategies such as leveraging, options, futures, margins, etc. These advance strategies come at a greater risk, but may bring a greater rewards as well. So the answer to the question in the subject line is YES. For all the rest - there's no one right or wrong answer, it depends greatly on your abilities, time, risk tolerance, cash available to invest, etc etc."


"A nondividend distribution is typically a return of capital; in other words, you're getting money back that you've contributed previously (and thus would have been taxed upon in previous years when those funds were first remunerated to you). Nondividend distributions are nontaxable, so they do not represent income from capital gains, but do effect your cost basis when determining the capital gain/loss once that capital gain/loss is realized. As an example, publicly-traded real estate investment trusts (REITs) generally distribute a return of capital back to shareholders throughout the year as a nondividend distribution. This is a return of a portion of the shareholder's original capital investment, not a share of the REITs profits, so it is simply getting a portion of your original investment back, and thus, is not income being received (I like to refer to it as ""new income"" to differentiate). However, the return of capital does change the cost basis of the original investment, so if one were to then sell the shares of the REIT (in this example), the basis of the original investment has to be adjusted by the nondividend distributions received over the course of ownership (in other words, the cost basis will be reduced when the shares are sold). I'm wondering if the OP could give us some additional information about his/her S-Corp. What type of business is it? In the course of its business and trade activity, does it buy and sell securities (stocks, etc.)? Does it sell assets or business property? Does it own interests in other corporations or partnerships (sales of those interests are one form of capital gain). Long-term capital gains are taxed at rates lower than ordinary income, but the IRS has very specific rules as to what constitutes a capital gain (loss). I hate to answer a question with a question, but we need a little more information before we can weigh-in on whether you have actual capital gains or losses in the course of your S-Corporation trade."


Most companies want to grow. In order to grow, you need to do better than just breaking even. If you want to keep hiring, or building new facilities, you'd probably want to retain some of your earnings year over year. That's just one reason. Shareholders also want to see a higher return on their investment; dividends are paid out of retained earnings, rather than expensed in the calculation of profits. Decreasing profits decreases retained earnings, which pisses off shareholders. I'm sure someone else can expand on this or fill in any other holes.  Edit: Someone please correct me if I'm off base here. My comment is a bit confusing at times. For instance, tax  expense is included in the calculation of book income, but not taxable income, and this comment deals with both.


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"My take on this is that with any short-selling contract you are engaging in, at a specified time in the future you will need to transfer ownership of the item(s) you sold to the buyer. Whether you own the item(s) or in your case you will buy your friend's used  car in the meantime (or dig enough gold out of the ground - in the case of hedging a commodity exposure) is a matter of ""trust"". Hence there is normally some form of margin or credit-line involved to cover for you failing to deliver on expiry."


One possible route is to try to have no credit. This is different than bad credit. If you build up a good downpayment (20%), a number of banks would do manual underwriting for you.


You can make your table more useful by adding more columns like this: This makes it really easy to keep track of categories of spending.  You just sum a column to get all of your restaurant spending.


This stems from a basic misunderstanding about display ad campaigns. The point is not necessarily to get folks to click. No one clicks on display ads. It's just like billboard or magazine ads - the point is to get the logo/messaging in front of people. Basic brand awareness.


If you're repairing an existing appliance - its an expense. If you're replacing an existing appliance with a new one - that's disposing of one capital asset and putting in service another. You depreciate the new one and you dispose of the old one (if not fully depreciated - talk to your tax adviser how to handle the remaining value). The additional costs of the fixes that are not related to the installation of the new appliance are regular maintenance expenses, so you have to get an itemized invoice from the plumber to know what to expense and what to capitalize.


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I'm a college student with a technical and math background but I'm looking to apply to some jobs in financial tech because I find it to be an interesting industry. What are some good must-read finance books that can help me acquainted with finance for someone who has little to no experience/knowledge?


That should obscure your name and home address fairly well.


The big issue I can see is foreign exchange risk - if you've got the money in the US and you need it in Australia, you're vulnerable to fluctuations in the exchange rate between the two currencies. I would think that if you're expecting to go back to the US, you might want to leave some money in the US (to guard against the AU$ falling against the US$); if you're not planning to go back you're probably better off moving the money with you unless you expect the USD to appreciate considerably against the AUD anytime soon. The picture changes slightly if you still have expenses in the US, like paying for a mortgage, or repairs to a property there or something similar, as you're probably better off leaving part of the money in the US to get rid of both the exchange rate losses and currency risk.


Americans with Disabilities Act (ADA) specifies wheelchair ramp requirements as well as access guidelines, specifications that most business organizations which are into the manufacturing of ramps have to meet. Usually, residential applications don’t need to meet ADA requirements, guidelines and specifications.


Home care service providers are primarily there to administer care, but they will also look to create a bond and build up compatibility with the person they are caring for. For people who have been left housebound by their sickness, this could have a positive effect, giving them with someone to talk to on a human level – rather than an endless slew of medical jargon.


More than likely what you speak of was a symptom of a larger problem.  The retooling of economies from manufacturing based, to information based caused a large sector of previously employable people to be left jobless as low-tech manufacturing jobs were replaced by robots and developing nations. The government then tried to solve this by putting the underemployed to work, treating the symptom instead of the underlying disease.


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This is a reasonable requirement which many banks probably have. The reason is that after you deposit a check, ACH or direct deposit - they may be reversed after a couple of days (check bounced, payment canceled, etc). If you wire the money out, and then the check by which you got the money gets bounced - the bank is left hanging because money wired out is very hard to return. Wire transfers are generally irreversible unless its a mistake in the wire.  After 10 days, these transactions cannot be reversed and the money is bound to remain on the account, so you can wire it out. By the way, it also goes for cashier's checks as well, I had a similar discussion with my banker (don't remember if it was WF or Chase) when I needed one based on a ACH transfer from my savings account elsewhere. They gave me the check, but said that its because I proved that the transfer was from my own account.


Ok, that's totally different then.  The legislation that you were mentioning doesn't apply to prop shops that trade derivatives.   If you want to end up in the equities world, then a place that requires those licenses that will pay for it doesn't seem like a bad deal.


"1. Your oldest active credit agreement is not very old This is fairly straight forward. If you've not been exposed to borrowing for a reasonable length of time, people won't want to lend you money. They have no reason to have any confidence in your ability to repay them. As other said, it's pretty much a case of proving yourself by being good with credit over a period of time. 2. You have no active credit card accounts Credit reference agencies have to consider a variety of factors for a variety of purposes. Notably, they will be used for credit cards, unsecured loans, mortgages, and secured loans such as vehicle finance applications. These all have varying types of customer, and some will be inherently more risky than others. For instance, someone with a mortgage on a home is far more likely to make payments because they would be homeless without, however someone with a finance agreement on a car is relatively less likely to make those payments because all they stand to lose is their car. Consider that the most fruitful information the lender will get is a score and some breakdown of how it's generated, it's a very general understanding of your history. For that reason, having a wide variety of credit is very important. A good variety of credit to have would be one secured loan (e.g car finance) to get started, as well as at least one revolving unsecured credit account (e.g a credit card), and later on in your ""credit life"" an unsecured fixed term loan (e.g a loan for something which has nothing secured against it). I say the above reluctantly, because that's how I increased my credit score from 450 to 999 - first step was the car finance where in 3 months or so I changed from 450 to around 600, with a credit card I was approaching 900, and once I had an unsecured loan for 8 months I hit 999 - now I have all of the above plus a competitive mortgage and remain at 999. Whether each is mandatory to maintain 999 is debatable but based on personal experience, it seems reasonable."


It may be true for a bond fund.  But it is not true for bond etf.  Bond etf will drop by the same amount when it distribute dividend on ex-dividend date.


> why are some people so pleased to see another major market monopoly?  Because Amazon is their friend today. They won't regret it until it's too late. Amazon Key being met by a significant portion of people with a warm reception is evidence enough that we keep pushing the line of what's inacceptable back further.


>offering nothing in return  Well, we have no idea about what else the contracts stipulates.  It may have all kinds of attractive features that make it worthwhile for someone to sign it.  Perhaps access to a spa, complementary champagne, access to a nice beach, live musicians, jumping the scheduled list to get your wedding sooner, it could be anything.  The libel example was just to show that the ability to speak freely, as you pointed out, has a value (which can be very high negative numbers if you say the wrong thing).  This clause is not about proving libel or first amendment rights.  Contracts can have all kinds of stipulations in them, you have to be a certain weight, have certain colored hair styles, stay away from certain places, partake (or not) in particular behaviours.  You can sign all kinds of contracts willingly that penalize you financially for doing things that nobody would legally be able to force you to do without a contract.


"C'mon, Bill - you're better than this.  Aside from the fact that he accumulated his personal wealth through ruthless profiteering and tax shelters, it's just a flat out bad idea.  It was an even worse idea when some neckbeard actor and commie guitarist started pushing it.  All this tax will do is hamper the ability to do business (i.e., market liquidity), and end up being shouldered by small banks and in the end, the consumer.  Big banks will find their ways around this, no problem, but the boutique capital firms will surely struggle.    This isn't just a ""oh, we'll institute this micro-tax and everyone is happy!"" - they want to tax the underlying value of assets on each trade.  This creates a direct impact to free-market trading which I don't believe they've accounted for (which is shocking, really).  It's a tax on the top and bottomline, and a general tax on the actual execution point of an entire industry.  It's a half-baked idea that shouldn't have gotten as far as it did."


>I hate tipping. I'd rather a fair wage be factored in.   Except it'll never happen, which is why servers and other tipped staff almost universally oppose an end to tipping.  The company will never, *ever* pay as well as what is essentially a commission.


"Look, the title states that the Fed signaled the economy is in trouble.  It didn't. All the Fed did was release a survey.  And just because their survey said Americans believe they're not better off, that doesn't mean it's their ""official"" stance on the economy.  They don't believe the economy is in trouble.  They believe that Americans think they're worse off than before.  Those are two very different concepts; therefore, it is a very misleading title."


"You mention ""early exercise"" in your title, but you seem to misunderstand what early exercise really means. Some companies offer stock options that vest over a number of years, but which can be exercised before they are vested. That is early exercise. You have vested stock options, so early exercise is not relevant. (It may or may not be the case that your stock options could have been early exercised before they vested, but regardless, you didn't exercise them, so the point is moot.) As littleadv said, 83(b) election is for restricted stocks, often from exercising unvested stock options. Your options are already vested, so they won't be restricted stock. So 83(b) election is not relevant for you. A taxable event happen when you exercise. The point of the 83(b) election is that exercising unvested stock options is not a taxable event, so 83(b) election allows you to force it to be a taxable event. But for you, with vested stock options, there is no need to do this. You mention that you want it not to be taxable upon exercise. But that's what Incentive Stock Options (ISOs) are for. ISOs were designed for the purpose of not being taxable for regular income tax purposes when you exercise (although it is still taxable upon exercise for AMT purposes), and it is only taxed when you sell. However, you have Non-qualified Stock Options. Were you given the option to get ISOs at the beginning? Why did your company give you NQSOs? I don't know the specifics of your situation, but since you mentioned ""early exercise"" and 83(b) elections, I have a hypothesis as to what might have happened. For people who early-exercise (for plans that allow early-exercise), there is a slight advantage to having NQSOs compared to ISOs. This is because if you early exercise immediately upon grant and do 83(b) election, you pay no taxes upon exercise (because the difference between strike price and FMV is 0), and there are no taxes upon vesting (for regular or AMT), and if you hold it for at least 1 year, upon sale it will be long-term capital gains. On the other hand, for ISOs, it's the same except that for long-term capital gains, you have to hold it 2 years after grant and 1 year after exercise, so the period for long-term capital gains is longer. So companies that allow early exercise will often offer employees either NQSOs or ISOs, where you would choose NQSO if you intend to early-exercise, or ISO otherwise. If (hypothetically) that's what happened, then you chose wrong because you got NQSOs and didn't early exercise."


Would be interesting to compare with how it used to work in the pre-internet days...  Newspapers: You paid for the physical object, the printing, the delivery. If you didn't pay, then you didn't get the object, you didn't get the content.  Radio, television: Free broadcasts, paid for by advertising. No paywall.  Cable, satellite: Pay for installation and subscription, which delivers content. If you didn't pay, no content.  The internet basically delivers content for free, so I'd think it's very difficult to implement a paywall, since you'll be undercut by others who are willing to deliver content for free (or something almost free). About the only caveat would be that delivering the internet itself isn't free, so if your content was attached to the ISP, it would be more similar to the newspaper / cable model than the radio / TV model.


"Man I fucking hate trump as much as and probably more than the next guy but good on you for being one of the few to follow the ""source"" all the way to the finish line. The downvotes mean nothing as I'm sure you're plenty aware."


I won't think so. Too much trouble for the compliance and internal audit team. Unless you are moving money from Russia, Iran or those non-FATCA countries.


For this, the internal rate of return is preferred. In short, all cash flows need to be discounted to the present and set equal to 0 so that an implied rate of return can be calculated. You could try to work this out by hand, but it's practically hopeless because of solving for roots of the implied rate of return which are most likely complex. It's better to use a spreadsheet with this capability such as OpenOffice's Calc. The average return on equity is 9%, so anything higher than that is a rational choice. Example Using this simple tool, the formula variables can easily be input. For instance, the first year has a presumed cash inflow of $2,460 because the insurance has a 30% discount from $8,200 that is assumed to be otherwise paid, a cash inflow of $40,000 to finance the sprinklers, a cash outflow of $40,000 to fund the sprinklers, a $400 outflow for inspection, and an outflow in the amount of the first year's interest on the loan. This should be repeated for each year.  They can be input undiscounted, as they are, for each year, and the calculator will do the rest.


Sherif El-Refai is a pharmacist and member of the American Pharmacists Association. He attended the pre-pharmacy undergraduate program at the University of North Carolina at Chapel Hill. His main focus is to apply his education to a role as a pharmacist serving the needs of diverse patients while increasing his clinical and industry knowledge.


> Why should belief in markets be a disqualifying factor?  Nice change of topic.  > Is belief in government a disqualifying factor for academics that produce pro-government work?  If they state that their goal is to produce pro-government work, then yes.  Aejones124, I've had enough for tonight.  I was really hoping you might be able to put forth some arguments better than free-market propaganda.  Maybe next time.  Have a good night.


I'm a commodity trader. The only degree I had when I started trading was a BS in Bioinformatics from Loyola University Chicago.  If you take initiative and can sweet talk your way into an interview, that's all you need.


"I think that any ETF is ""open source"" -- the company issues a prospectus and publishes the basket of stocks that make up the index. The stuff that is proprietary are trading strategies and securities or deriviatives that aren't traded on the open market. Swaps, venture funds, hedge funds and other, more ""exotic"" derivatives are the things that are closed. What do you mean by ""open source"" in this context?"


You can sign over the check, of course. However, you'll probably need to deal with 1099 issued to you personally instead of the corporation later on. You'll have to add it to your tax return as income and negative income on the same line (line 21 of your 1040) and attach a statement explaining that the income was erroneously reported to you and will be reported on the corp form 1120. Another option is to return the check to the payer and ask them to reissue in the correct name. Next time, make sure to provide the properly filled W9 to your payers with the details of the corporation, not your own details.


When a product is subsidised the consumer is not paying the true cost of the product.  Therefore, the consumer is purchasing the product for less than it costs to make.  All the aeroplane industries are subsidised in the world.  Therefore all planes are sold for less than what it cost to make.  Governments subside industries because they see the long-term benefits and the benefits outweigh the costs.  These benefits can be because of increased employment, investment in technology, a country's security or even national pride.


You would need to pay tax on the 10% gain. Was this money loaned from your NRE account? Is there paperwork to show that there was this loan given? If yes then it would be easy to get this back into NRE account. Once in NRE account you can move this back to US without any issue. If not, then you can get this into NRO account. From NRO account you would need to consult a CA to do some paperwork [essentially certifying that you have paid all taxes due] so that funds can be remitted outside. Edit: Looks like you have completed all formalities. A credit to NRE Account can only happen from funds outside of India. However a credit from India into NRE account can happen under some circumstances, like Loan give and received back.  You would need a CA in India to help you complete the formalities. The tax is due in India as this was due to gain in India. As you are US resident for tax purposes, and US taxes global income, this is taxable in US as well. You can claim relief in US to the extent of taxes paid in India. India and US have DTAA.


"You most definitely can invest such an amount profitably, but it makes it even more important to avoid fees, um, at all costs, because fees tend to have a fixed component that will be much worse for you than for someone investing €200k. So:  Edit: The above assumes that you actually want to invest in the long run, for modest but relatively certain gains (maybe 5% above inflation) while accepting temporary downswings of up to 30%. If those €2000 are ""funny money"" that you don't mind losing but would be really excited about maybe getting 100% return in less than 5 years, well, feel free to put them into an individual stock of an obscure small company, but be aware that you'd be gambling, not investing, and you can probably get better quotes playing Roulette."


> Mostly it's about things like the origin of the graph though - look how many of the graphs on that page start in the mid fifties, not zero, thus magnifying things drastically.  I agree, I've made the argument with other graphs.  FWIW, That's what FRED does by default, so that you can see the differences due to their magnification.


"of course if you asked me to give you $24.4955 I can't. No, but if I asked you to give me $24.4955 and you gave me a piece of paper saying ""I O U $24.4955"", and then this happened repeatedly until I had collected 100 of these pieces of paper from you, then I could give them back to you in exchange for $2449.55 of currency. There's nothing magical about the fact that there doesn't happen to be a $0.001 coin in current circulation.  This question has some further information."


"I think this needs to be stressed a lot more if you ask me.  As a society, we seem to be falling into this weird paradigm where businesses somehow have a right to a profit and that is basically creating this odd sentiment that somehow ""burdening"" businesses with paying a decent wage and offering benefits is ruining business. If you ask me, all it is doing is ruining the businesses that aren't viable anyway.  If the only reason your business turns a profit is because you are gaming the part-time/full-time employment rules for cost cutting purposes, guess what? Your business deserves to fucking die. I think far too many ""business men"" feel entitled to profit and can't see that maybe it isn't how high their costs are, but how fucking little people want what they are selling."


So how can I transfer money from his ATM card to my account ? Some bank's ATM allow you to transfer the money from ATM card to bank account using at ATM Machine. So if there is no ATM, you can't transfer money with just ATM card.


well I appreciate everything you're doing! and no not 100k+ more in the neighborhood of something like 30-40k. and that's if I have to buy everything needed at face value. more than likely ill be able to bargain for bulk purchases for inventory. if you don't mind ill message you about what I had in mind.


Martin has been (well, at least until now) live streaming his life pretty regularly.  Let's just say they'd *really* have to use artistic license to make it anywhere near as exciting. His lifestyle seemed to be mostly himself just sitting in his room, alone, dicking around on the internet and trolling people.


He acts as an US agent. What economics works in US now will not work for India. We have to look at how US had economics in the early 1900s or post Depression since that is the point India is in. Given that, I doubt this guy has the capacity to go with Modi way and stand up against international banks. In general that is what my grip with Statistics and economics in general. It is your vintage armchair knowledge with little net positive impact on day to day lives of the average citizen.


Nothing Bernie has said is new stuff  It has been done and tried in socialist countries 20 years ago like Venezuela  What makes America the powerhouse of the world is that it doesn't have any of the things implemented, (like other countries that are not nearly as strong as the US) that Bernie wants to implement   He's also a hypocrite because he's a rich old man who owns three mansions


I suggest you contact head of the company your are interested in, ask if he or she owns a controlling interest. If so offer to buy him out.


Sure.  Even Milton Friedman called Hayek's economic work unreadable.  Much of the Austrian economic foundation rests without as solid of a  philosophical or mathematical foundation as most other schools of thought.  I suppose the easiest way to understand this is to look at three foundational works.  I recommend reading each of these anyways, but skimming, and paying attention to references, should give you a good idea of the varying levels of rigor introduced into each school of thought.  [Leaf through Das Kapital](http://books.google.com/books?id=6TfTS9ITW7UC&printsec=frontcover&dq=inauthor:%22Karl+Marx%22&hl=en&sa=X&ei=NdrYT4yNCdLH6AHThdSoAw&ved=0CE8Q6AEwAw#v=onepage&q=inauthor%3A%22Karl%20Marx%22&f=false) This is Marx's primary treatise.  It is far older than the following two that I will present.  Nevertheless, it, perhaps more than any other book, played a pivotal role in the 20th century.   [Leaf through A General Theory of Employment, Interest, and Money](http://books.google.com/books?id=xpw-96rynOcC&printsec=frontcover&dq=inauthor:%22John+Maynard+Keynes%22&hl=en&sa=X&ei=LtrYT43YIamJ6QGuoL2cAw&ved=0CDsQ6AEwAA#v=onepage&q=inauthor%3A%22John%20Maynard%20Keynes%22&f=false) This is the foundational work of the Keynesians.  There is much more here than simply the advice to increase government spending to stabilize demand during economic downswings.  And it has been probably the most widely accepted work by the greatest number of economists over the 20th century.     [Leaf through the Theory of Money and Credit] (http://books.google.com/books?id=hHnIHlCm_CcC&printsec=frontcover&dq=von+mises&hl=en&sa=X&ei=59rYT4HbDKqG6QG2te2PAw&ved=0CEsQ6AEwAw#v=onepage&q=von%20mises&f=false) This is the Austrian Treatise from Ludwig Von Mises.  It is the newest of the three.  It is also likely the least rigorous.  But please, judge for yourself.  Von Mises did do some more rigorous work in other areas.    But all schools of economics ultimately rest on their theory of capital.  So, before you pick which church to belong to, it's worth reading their respective bibles.


> Whether their members come to the gym or not doesn't matter; they still have to pay rent, labor, utilities, buy equipment, etc. Those costs don't change much if people subscribe and don't show up vs. subscribe and do show up.  This isn't strictly true.  There's a threshold at which enough of their members do show up to the gym that the facility and equipment aren't adequate.


It's still is a problem because its illegal. Furthermore it has resulted in the decline of local businesses reliant on locals and not tourists.  Long term renters in areas that are not tourist dependent actually help the local area economically. It's actually vital.  No one is ripping off the landlord, the landlord gets a renter to host an illegal AirBNB location by subdividing a building or room well over capacity. This causes fire issues, clogs up elevators, behavior problems, etc etc. In my building they had to put up 7 notices on behavior, including partying, throwing trash out the window, smoking rules, pool abuse, making it actually a worser place to live. It's also negatively affecting the other people who own the apartment units they live in.  A building isn't a suitable hotel or BNB especially in big cities. I don't care if someone AirBNB's their spare room occasionally, but we're talking about AirBNB hosts who mass rent and then stuff 6 people into an apartment designed for 2 and then do it for many of the units in an apartment building. All of a sudden an apartment complex with 200 units designed for up to 500 people is suddenly host to 600+.


Who the hell earns a billion a year? You might have assets equal to a billion but aside from a very few individuals, billionaires are usually +/- a small percentage of their net worth unless something drastic happens to businesses they own.


To get the factors you want, start with a complete amortization calculator and a tax deduction calculator, filling in values for your down payment, purchase price, tax rates, and mortgage rate.  If you are talking about a specific property, you should be able to get taxes for the current year, and perhaps using historical values estimate taxes going out.  Some calculators will include PMI (which you should avoid like the plague in an actual purchase).  Given some preliminary data, you can calculate your insurance. So once you have your PITI (principal, interest, tax, and insurance) monthly payment and tax deduction, you can calculate how much you spend a month on the house minus the deduction. To estimate maintenance costs, you could either figure out about what you'd need to replace in the given time you plan to stay put and use a rough estimate on what it is.  You can also use some rough estimates like this (1% of the property value yearly!) or this (moving the number up to a whopping 2%). Don't forget closing costs as a buyer and seller.  You can find estimates for these as well, and they are a function of the purchase price (usually around 2%). So to figure out how much it costs you to live in a house for X months, you can do So your total cost is Total Return Is: You can adjust that total return for inflation using this calculator to get your total return adjusted for inflation.  If projecting into the future, you can try a formula found here. To figure out the return on your investment, use So to figure out the total return adjusted you need for a given ROI, find


"Why do people keep talking about 401K's at work?  That is NOT dollar cost averaging.  DCA refers to when you have a large sum of money.  Do you invest it all at once or spread it out over several smaller purchases over a period of time?  There really isn't a ""when"" should I use it.  It is simply a matter of where your preferences lie on the risk/reward scpectrum.  DCA has lower risk and lower reward than lump sum investing.  In my opinion, I don't like it.  DCA only works better than lump sum investing if the price drops.  But if you think the price is going to drop, why are you buying the stock in the first place? Example: Your uncle wins the lottery and gives you $50,000.  Do you buy $50,000 worth of Apple now, or do you buy $10,000 now and $10,000 a quarter for the next four quarters? If the stock goes up, you will make more with lump-sum(LS) than you will with DCA. If the stock goes down, you will lose more with LS than you will with DCA. If the stock goes up then down, you will lose more with DCA than you will with LS. If the stock goes down then up, you will make more with DCA than you will with LS. So it's a tradeoff.  But, like I said, the whole point of you buying the stock is that you think it's going to go up! So why pick the strategy that performs worse in that scenario?"


You realize people are buying houses, and Lamborghini’s with bitcoin?   Maybe if you for once stopped to think that the people involved in bitcoin can see value based off what it cost to generate and are more than willing to pay the price for one knowing that? But yeah we will go with your method bitcoin cost 6k to mine, sells for 5k and no way demand vs supply is going up from no new coins entering the market for 4 weeks.


**Know your customer**  Know your customer (KYC) is the process of a business identifying and verifying the identity of its clients. The term is also used to refer to the bank and anti-money laundering regulations which governs these activities. Know your customer processes are also employed by companies of all sizes for the purpose of ensuring their proposed agents, consultants, or distributors are anti-bribery compliant. Banks, insurers and export creditors are increasingly demanding that customers provide detailed anti-corruption due diligence information.  ***  ^[ [^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/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27


I was asking myself the exact same thing.  And i have come to the conclusion that most of your money should be invested, In index etfs and maybe some bond etfs too.  If Inflation is about 2% and the interest you make in a savings account is less than 1%.  Your actually loosing money in a savings account.  Keep a few thousand bucks in your savings account and the majority invested and working for you.


"I didn't read the article because the Nobel Prize hasn't meant anything substantial in quite some time.  If ""winners"" of the prize advocate for UBI, then, what that really means is that the prize committee members like UBI (and other policies similar to it) and are selecting winners based on how these economists line up with the committees political beliefs."


You can find a lot of information at the HRMC website at http://hmrc.gov.uk.  If you don't want to work as an employee, you can register as self-employed (basically a one-man band), which is quite simple, you can start your own company, which is more work but can have tax advantages, or you can find umbrella companies which will officially employ you while in reality you are a freelancer and only do your billing through them.  Umbrella companies can be anywhere from totally legal to extremely dodgy. If they promise you that you pay only five percent tax on your income through ingenious tricks, that's only until the tax office finds out and they will make you pay.  Between self-employed and your own company, the big difference is whether you are actually working independently or not. If you work like an employee (take someone else's orders) and claim you are a company, the tax office doesn't like that. And if you pay very little taxes, they don't like that either. So self-employed is the safer choice but you will pay more taxes, close to what a normal employee would pay. Obviously you will have to pay tax on your income and NHS insurance.  Obviously you are required to tell the government (actually HMRC) about your income. Not doing so would be tax evasion and get you into deep trouble when you are caught.  I don't think you have to tell them the source of your income, but not telling them might look very suspicious and might get your accounts checked carefully. And unless you design a website for the mafia, why wouldn't you tell them? The bill payer will try to deduct your bill from their profits anyway, so it's no secret.  Most important to remember: When you send out a bill and receive payment, you'll have to pay tax on it. When self employed, as a rule of thumb put one third away into a savings account for your tax bill. Don't spend it all or you will find yourself in deep trouble when your taxes need paying. Plus put some more away for times when you can't find work.


What if I told you that Best Buy stores and the center that your laptop was sent to are completely different entities?  As a former employee, I knew about situations like this that happened to customers in my store.  Let me tell you that the employee behind the counter feels just a bad and helpless as you do when this stuff happens.


If you really want to break into the industry you need to position yourself and skils in a way that indicates you can make money.  Start reading books on behavioral trading, quantitative trading, hone in your programming languages and most importantly learn how ECNs match trades.    Learning the background of ECNs is critical, its learning the internal workings how a electronic trading platform and how they match trades, what order the trades are submitted and matched by priority, what level of quotes you can buy or sell on...I mean the list goes on.    During my undergrad at XX, I completed a graduate level independent study on ECNs.  Taught me (myself) tons of valuable information, right when high freq trading was becoming big money.  My professor was awesome and totally pushed me to write more and learn more.  A company I followed at the time was a new entrant, called BATS, (better alternative trading systems) based in KC, they have a subsidiary known as TRADEBOT, which is their high freq trading platform which trades in house.  (I cant actually comment how they are connected, bc that was not in the scope of my studies)  However, I do not agree with high freq trading firms, and its only a matter of time before they become regulated due to Flash Crashes, models gone bad, limit order issues, etc.  BUT, there is tons of money in it if you know what you are doing.    For example, BATS is an exchange, which means they know ALL the orders for the liquidity they provide for orders, they see the price depth and liquidity of anything that trades on their exchange.  TRADEBOT can look at this data, and see who wants to trade what, then they execute on their knowledge of the market and make profitable moves.    More or less, think of a dealer at a casino, and you are a player at a black jack table.  The exchange is providing the transparency of the deck and you are allowed to place bets off that knowledge.  See how its fishy?  There is still lots of money in it, and it wont be regulated till it blows up and someone losses a shit load of money.  So go for it if its something that drives you.  Cheers,  Sol.


Definitely, Elon is someone to admire and he definitely deserves a lot of credit for what he accomplished.   Tesla is worth about $50B, but remember another contributing factor to its success: the USA government is paying $7,500 for every car they make and sell.


In the US, gift tax always falls on the donor, never the recipient, and gifts are not taxable income to the recipient. The IRS could raise questions if there is an employer-employee relationship between donor and recipient; your employer cannot give you money or property (e.g. a Rolex watch) or benefits (e.g. a house to live in rent-free) and claim that it is a gift, so that you do not have to pay income tax on that money.  But, your parents need to be careful; that $14K per person is the exemption for the whole year and once they give you that, anything extra (birthday present, Christmas present etc) is subject to gift tax (for them) though you can still enjoy your gifts without any tax issue.


Unless you have an actual hardship (bankruptcy or other emergency), you will be better off leaving that money alone. This excellent answer, gives more than enough reasons why a withdrawal or loan is not recommended.  I would love some advice because I need to know if I should contribute more into my 401k or less. If your priority to purchase is high enough, it may be worth considering stopping 401k contributions for a short time to help pile up a down payment.  I also encourage you to consider that if you cannot pool the money from non-retirement sources, then you cannot afford that much house at this time. This might mean looking for cheaper houses or delaying purchase for a number of years.


And who said high finance isn't criminal half the time? Did any one important go to jail for inflating the housing market and defrauding people in 2008? Of course not...  But back to your point about paying people a lot of money to save lives which is repeated ad nauseam. It isn't relevant because it assumes smart people only discover things to make a lot of money. Ya go tell that to academics who spend their lives in labs etc discovering things and building science from the ground up, I wonder how much they get paid vs. pharma execs.   And even if it proves true to some people I think most would agree that say doctors and drug inventors who actually save lives should be paid well but that's not the people we are dealing with here. We are dealing with financial vultures who just make money off of this because they can and nobody is there to regulate them.


ok, former background is in b2b sales. mostly tech related.  if it was me personally, I'd focus as much (if not more) on making as many friends as you can in the logistics / transport world. Tech or executives.   Buy them coffees. Ask for their opinion. Make friends. Make friends with their friends. Get into as many industry / trade events and ask what people think. follow up with them regularly. Just get to know as many people as possible that might be interested in what you do and get interested in what they do.  Marketing is awesome, but IMHO friends can get you further. Especially in a smaller industry. Get a few on a really solid beta, get some friends loving it, then marketing is much easier...  an other thing to consider is selling the service through a company that already has a lot of those relationships in place. So instead of trying to run your own marketing / advertising campaign, you pay out a commission to some company that already has salespeople and relationships in almost every business. An example is a company called EFI (http://w3.efi.com/) they make really good graphics controllers for high end graphic arts printers (like you'd find in a print shop). But they try to sell to print shops directly, instead they focus most of their marketing on having the salespeople at Xerox, Ricoh, Canon, Konica-Minolta, and other print-related companies sell their products for them / with their own products. Different than what you're doing but hopefully it's a parallel example.  Just an example. Hope it helps.


Another possible reason for this is to benefit the servers. When patrons pay with a credit card, they usually tip on the credit card too. If patrons are more likely to pay with cash, then the servers will get more cash tips. Even if the restaurant is completely honest with their books, the servers may not be. Having a restaurant where tips are mostly cash might attract better servers, or perhaps enable the owner to pay servers slightly less than otherwise.


"If wire transfer through your bank does not work then perhaps one of the more popular money transfer services may be what you are looking for such as MoneyGram or Western Union. Now these rely on a trusted ""registered"" third party to do the money transfer so you need to make sure that you are working with a legitimate broker. Each money transfer service has a site that allows you to perform the search on registered parties around your area. There are certain fees that are sometimes applied due to the amount being transferred. All of these you will want to do some detailed research on before you make the transfer so that you do not get scammed.   I would suggest doing a lot of research and asking people that you trust to recommend a trusted broker.  I have not personally used the services, but doing a quick search brought many options with different competitive conversion rates as well as fees. Good luck."


Here's a brief history of the car industry: in the late 1800s and early 1900s, there was a real competition between electric cars and internal-combustion cars. No clear winner. Electric cars were super reliable, quite, no maintenance and simple to make. But can be driven for a shorter distance only. Gas cars where the exact opposite: long range, but totally unreliable, complicated, noisy, dirty, complicated to make.  With service stations to exchange batteries, already in the late 1800s, the electric car would be a huge winner.  But the government was smart! And I mean it!  Electric cars needs very few jobs and manufacturing: few parts to manufacture, no maintenance crew, and since they can last forever, very few of them are needed to be produced every year.  So, on purpose, the government promoted the gas car, creating millions of jobs, 1000s of manufacturing companies, economy of the need to replace the car every 5-10 years, etc.  That's it.  Last comment: an electric car should be dirt cheap to make! It needs one cheap electric engine, batteries and a pedal connected to a switch. How come Tesla cars are so expensive? Think about it for a moment.


And most wealth is squandered by the third generation. Someone has to become independently wealthy for the cycle to start over. Many will read this headline and use it as an excuse for their own lack of will to succeed. Someone had to succeed independently at some point, to earn the original wealth.


You are not allowed to take a routine 401(k) withdrawal each year. There are specific reasons that you might be allowed to take a withdrawal and what you're proposing doesn't fit into those categories.


"If I invest in individual stocks I will, from time to time, sell stocks that aren't performing well. If the value of my portfolio has gone up by 10%, then the value of my portfolio has gone up by 10%, regardless of whether selling those stocks is labeled as ""delete[ing] failures"". Same thing for mutual funds: selling underperforming stocks is perfectly ordinary, and calling it ""delete[ing] failures"" in order to imply some sort of dishonesty is simply dishonest."


"One idea: If you came up with a model to calculate a ""fair price range"" for a stock, then any time the market price were to go below the range it could be a buy signal, and above the range it could be a sell signal. There are many ways to do stock valuation using fundamental analysis tools and ratios: dividend discount model, PEG, etc. See Wikipedia - Stock valuation. And while many of the inputs to such a ""fair price range"" calculation might only change once per quarter, market prices and peer/sector statistics move more frequently or at different times and could generate signals to buy/sell the stock even if its own inputs to the calculation remain static over the period. For multinationals that have a lot of assets and income denominated in other currencies, foreign exchange rates provide another set of interesting inputs. I also think it's important to recognize that with fundamental analysis, there will be extended periods when there are no buy signals for a stock, because the stocks of many popular, profitable companies never go ""on sale"", except perhaps during a panic. Moreover, during a bull market and especially during a bubble, there may be very few stocks worth buying. Fundamental analysis is designed to prevent one from overpaying for a stock, so even if there is interesting volume and price movement for the stock, there should still be no signal if that action happens well beyond the stock's fair price. (Otherwise, it isn't fundamental analysis — it's technical analysis.) Whereas technical analysis can, by definition, generate far more signals because it largely ignores the fundamentals, which can make even an overvalued stock's movement interesting enough to generate signals."


skills and ATL, not often used in one sentence.   this might sound racist, which I'm seriously not but out of experience if I hear a black person on the support line with an ATL swing in their voice, I hang up until I hear someone with an Indian accent.


I do that.  And to preface I truly don't understand what steps mods take to block spam.  But it does seem like some subreddits are harder to submit to than others.  So if this subreddit is doing something different to filter spam, and good posts are currently being blocked in high numbers while spam gets through, maybe something needs to be altered?


At the present time, businesses are facing serious threat from various sources. This is needless to say that, if there is a new brand wants to occupy a small space in market, it has to make an elusive effort while there are different brands have already taken their places.


•According to this website: If NRI return to India with the intention of permanently residing in India, the assets brought by him will be exempt. Also, the money and the assets acquired from the money, brought by NRI within one year after his return, will be exempt. This exemption is available to NRI for a period of seven years after his return to India. [Sec. 5(1)(v)] I think you have got the essense. If you are returning for good, you can bring all your money earned outside of India into India tax free. The time period is 7 years. Post this whatever amount you bring in will be taxable. There is nothing specific in Indian Tax laws on the treatment to Retirement funds outside of India. If the amounts are large, its best if you consult a CA for advise.


"I find it interesting that you didn't include something like [Total Bond Market](http://stockcharts.com/freecharts/perf.html?VBMFX), or [Intermediate-Term Treasuries](http://stockcharts.com/freecharts/perf.html?VBIIX), in your graphic.   If someone were to have just invested in the DJI or SP500, then they would have ignored the tenants of the Modern Portfolio Theory and not diversified adequately.  I wouldn't have been able to stomach a portfolio of 100% stocks, commodities, or metals.  My vote goes for: 1.) picking an asset allocation that reflects your tolerance for risk (a good starting point is ""age in bonds,"" i.e. if you're 30, then hold 30% in bonds); 2.) save as if you're not expecting annualized returns of %10 (for example) and save more; 3.) don't try to pick the next winner, instead broadly invest in the market and hold it.  Maybe gold and silver are bubbles soon to burst -- I for one don't know.  I don't give the ""notion in the investment community"" much weight -- as it always is, someday someone will be right, I just don't know who that someone is."


Several taxpayers are in target as per the reports of hackers supposedly, there was an error in the calculating of tax and a refund which has been claimed to be issued. Victims of this kind of attack will be directed to a net banking login page where their username and password is recorded.


And that's why you should really try to be yourself. If they don't want to spend 40 hours a week with you, the chances are that you wouldn't really enjoy your time there either. Now, if you pretend you are someone else, it may just be that they like that person. But that's not you... and you end up spending 40 hours a week with morons.


Well, if you were a business, and your food and rent and travel expenses were business expenses, and you paid out less money than you earned, you *would* get a refund.  If you can prove that an expense is tax deductible, then that's just what it is.  For businesses, a net operating loss is tax deductible.


"Yes, there are situations where a stock is a bad buy in spite of a low PE. PE ratio tells you the current share price divided by the prior 4 quarters earnings per share. It does not consider: Imagine someone walked up to you and said, ""Do you want to buy a piece of my business? I'll sell you 1% of it for $1000. Last year the business earned $25000."" A quick calculation shows a PE of 4 [$1000/($25000 *.01)]. Even though this PE is comparatively low, you wouldn't buy in without a lot more info. What kinds of things might you ask? PE is one tiny component of an informed investment decision."


tl;dr: Unfortunately, there is little available to the retail investor that fits your description. Institutional investors can use swaps to gain leverage on the above trade.  A bank will build a basket of long MSFT and short SPY and then quote a rate against LIBOR (London Interbank Offered Rate) and a margin requirement.  So at the end of the swap the bank will pay the difference in total return between MSFT and SPY and the investor will pay some amount of cash back.  The nice thing for the investor is that the margin requirement will often be fairly small if their credit is good so the investor can lever the trade up significantly. A retail investor could call up your broker and try to get the above but on the off chance they let you the margin requirement might be higher than just going short the SPY. If you aren't a retail investor, you might be able to do something like be long a 3X tech ETF and short 3X SPY ETF.  If you are very clever you might be able to combine multiple levered tech ETFs to get something like 3X MSFT.  However, I would strongly caution against levered etfs for most retail investors as the fees are high and levered etfs tend to strongly drift away from the index against the investor over anything but the shortest time periods.


Holy shit, there are so many experts in here!  The banks change software with physical access to the ATM, the type of access the public doesn't have without breaking into it and setting off an alarm.  And you linked a 4 year old article.  You think all ATM machines are still that vulnerable to physical attack?    I don't know where you live, but ATM machines here are very new.  And even if they run Windows XP, so what.


To understand this fully one would need to understand quite a few things. Not in scope here. In short, whenever China sells goods to US, it gets USD as most of the trades are in USD. China uses this money to buy other things it needs like Oil etc. After this they still have quite a bit of USD left with them. The money is left with them because US is buying more things from China and selling less things to China. This creates a surplus USD with China. So if US were to borrow money from China or any other country, it would be this excess money. Ofcourse how money gets created in first place is a different topic altogether.


Hey a project I'm working on is collecting data on people like you.  If you have a great idea that's been bouncing around in your head for ages, this is the time to make it a reality. If you don't have an idea but want to pick up a side project that could turn into the next big thing, this is also the place.  Here's how it works.  **If you have an idea**  1. Fill out [this Google form](https://goo.gl/forms/vD4iUY16GYoNsBTm1). The form asks about your idea, as well as your skill set (only one is required, but the more the better) and a couple questions about your interests. 2. We will reach out to you in the near future to connect you with a group of likeminded individuals with complementary skillsets who can help you launch your company. This information will be emailed to you.  **If you want to join a project**  1. Fill out [this Google form](https://goo.gl/forms/GAAiX93RVu9xvRpY2). The form asks about your skill set (only one is required, but the more the better) and a couple questions about your interests. 2. We will reach out to you in the near future with ideas you might be interested in and people with similar interests but complementary skill sets. This information will be emailed to you.  Thank you for your input, we hope to be in contact soon.


I don't know what restrictions are put on the average employee at your company. In my case, we were told we were not permitted to either short the stock, or to trade in it options.  That said, I was successful shorting the exact number of shares I'd be buying at the 6 month close, the same day the purchase price would be set. I then requested transfer of the stock purchase to my broker where the long and short netted to zero.  The return isn't 15%, it's  100/85 or 17.6% for an average 3 months they have your money. So do the math on APR. (Higher if the stock has risen over 6 months and you get the lower price from 6 months prior.) My method was riskless, as far as I am concerned. I did this a dozen times. The stock itself was +/- 4% by the time the shares hit, so in the end it was an effort, mostly to sleep better. I agree with posts suggesting the non-zero risk of a 20% 4 day drop.


You can't get there from here.  This isn't the right data.  Consider the following five-year history:  2%, 16%, 32%, 14%, 1%.  That would give a 13% average annual return.  Now compare to -37%, 26%, 15%, 2%, 16%.  That would give a 4% average annual return.   Notice anything about those numbers?  Two of them are in both series.  This isn't an accident.  The first set of five numbers are actual stock market returns from the last five years while the latter five start three years earlier.  The critical thing is that five years of returns aren't enough.  You'd need to know not just how you can handle a bull market but how you do in a bear market as well.  Because there will be bear markets.   Also consider whether average annual returns are what you want.  Consider what actually happens in the second set of numbers:   But if you had had a steady 4% return, you would have had a total return of 21%, not the 8% that would have really happened.  The point being that calculating from averages gives misleading results.  This gets even worse if you remove money from your principal for living expenses every year.   The usual way to compensate for that is to do a 70% stock/30% bond mix (or 75%/25%) with five years of expenses in cash-equivalent savings.  With cash-equivalents, you won't even keep up with inflation.  The stock/bond mix might give you a 7% return after inflation.  So the five years of expenses are more and more problematic as your nest egg shrinks.  It's better to live off the interest if you can.  You don't know how long you'll live or how the market will do.   From there, it's just about how much risk you want to take.  A current nest egg of twenty times expenses might be enough, but thirty times would be better.  Since the 1970s, the stock market hasn't had a long bad patch relative to inflation.  Maybe you could squeak through with ten.  But if the 2020s are like the 1970s, you'd be in trouble.


Understood. There's no way to tell what enhancements will be available or what they'll cost, though. They will probably be too much for almost all of the world's population. They could be widely available to the middle class, but what if only the 1% can afford them, and they offer significant enhancements? Look how much power and money the 1% have now; imagine that they're also enhanced such that nobody in the 99% can keep up?


Got it, thanks, just a few more quick questions  What's the appropriate color for an interview suit? Is a black suit a no-go? I had another interview a few days ago and wore a black suit with black chinos (maybe this is a no-go) but saw everyone else had gray suits on.  How much to spend for a suit? 300-400?


Use the $11k to pay down either car loan (your choice). You should be able to clear one loan very quickly after that lump sum. After that, continue to aggressively pay down the other car loan until it is clear. Lastly, pay off the mortgage while making sure you are financially stable in other areas (cash-on-hand, retirement, etc) Reasoning: The car loans are very close in value, making it a wash as far as payoff speed. The 2.54% interest is not a large factor here. As a percentage of all these numbers, the few bucks a month isn't going to change your financial situation. This is assuming you will pay off both loans well ahead of schedule, making the interest rate negligible in the answer. Paying off the mortgage last is due to the risk associated with the car loans. The cars are guaranteed to lose value at an alarming rate. While a house certainly may lose value, it is far from an expectation. It is likely that your house will maintain and/or increase in value, unless you have specific circumstances not disclosed here. This makes the mortgage a lower risk loan in your financial world. You can probably sell the house to clear the loan balance if necessary. The cars are far more likely to depreciate beyond the loan balance.


Yes you can. it's called Odd Lot


"i dont know how they would buy *term* policies though, i suppose there is an actuarial value to the policy (ie. you might die during the policy term).  A lot of these polices are ""10 year term"" or something like that, so the actuarial value might be significant. (a lot of people get these who cant get whole life or cant afford to get it, with the health problems they now have).  Something tells me these transactions are not very advantageous to the insured (especially since i've seen them heavily advertised on channels my mom tends to watch)"


>Facebook is going down hill as a site. It's constantly cluttered with ads on the news feed,  Not just ads, friends' likes, which you can't shut off. It's becoming unusable to me. I counted the other day - there were 22 statuses or pictures from people I DON'T EVEN KNOW because a friend that I know clicked like on that status/pic. Interspersed with ads, it takes forever to see anything I care about, and I'm ready to be done with it.


I second (or fifth?) the answers of the other users in that this should have been foreseen and discussed prior to entering the partnership.  But to offer a potential solution: If the mortgage company allows you to assume the whole mortgage (big if) you could buy the other partner out. To determine what a fair buyout would be, take the current value of the house less the remaining mortgage to get the current equity. Half that is each partner's current gain (or potentially loss), and could be considered a fair buyout. At this point the partner realizes any gains made in the last 5 years, and from now on the whole house (and any future gains or losses) will be yours. Alternatively your partner could remain a full partner (if s/he so desires) until the house sells. You would see the house as a separate business, split the cost as you have, and you would pay fair market rent each month (half of which would come back to you). A third option would be to refinance the house, with you as a sole mortgage holder. To factor in how much your partner should receive out of the transaction, you can take his/her current equity and subtract half of the costs associated with the refi. I would also recommend both of you seek out the help of a real estate lawyer at this point to help you draft an agreement. It sounds like you're still on good terms, so you could see a lawyer together; this would be helpful because they should know all the things you should look out for in a situation like this. Good luck!


But there isn't anything the farmers can do about that - it is the middle guy - the milk processors and stores that set the prices. Government subsidies boost the producter-farmer's wage - without that there would likely be no organized dairy industry. It seems that there's no flexibility in the system anymore.


Honestly, you aren't applying for a financial job. You're not expected to really have any financial knowledge at all. You're being hired to be extremely well-organized, well put together, intelligent and confident.   Make sure in the interview you do everything to live up to their expectations.   Well structured resume and professional resume, pressed suit, stand up straight and talk with confidence.   You can do this! :)


"I dunno about the economic miracle, to be honest. Count me among the skeptics. China seems like they're in the position to have the government build dozens of ""cities"" and artificially inflate economic data. If they cooked their books, no one would know the difference since I'm unaware of any reliable source or organization that would have the necessary access to their records.  Edit: Instead of just downvoting, please respond with some sort of rebuttal."


I disagree - cops should be able to work overtime.  It is a great way to bring in a little extra money - and I would rather have a cop working overtime than taking a bribe or moonlighting for a security service when they need a little extra money.


Are there any (monthly) administrative fees on those loans that are charged separately? If not, you should just pay as much as you can as quick as you can to get the loan amount down on those loans with the highest interest rate. If there are no separate fees on the loans, then it's just a lump of money with some interest rate. The smaller loans will eventually drop away one by one, have a celebration to remark the occasion when that happens. I assume the payment is split evenly between the loans? Restructure if you get a better deal from someplace.  Delay buying new stuff until you get the loan amount down. Pay as much as you can as quickly as you can, but keep enough money in your pocket to survive a month or two, so that you don't need to get any more loans in case something unexpected happens.


There is no chance the deal will complete before option expiration. Humana stock will open Monday close to the $235 buyout price, and the options will reflect that value. $40 plus a bit of time value, but with just 2 weeks to expiration, not much.


"Here's what my wife and I did. First, we stopped using credit cards and got rid of all other expenses that we absolutely didn't need.  A few examples: cable TV, home phone, high end internet - all shut off.  We changed our cell phone plan to a cheap one and stopped going out to restaurants or bars.  We also got rid of the cars that had payments on them and replaced them with ones we paid cash for.  Probably the most painful thing for me was selling a 2 year old 'vette and replacing it with a 5 year old random 4 door.   Some people might tell you don't do this because older cars need repairs.  Fact is, nearly all cars are going to need repairs.  It's just a matter of whether you are also making payments on it when they need them and if you can discipline yourself enough to save up a bit to cover those. After doing all this the only payments we had to make were for the house (plus electric/gas/water) and the debt we had accumulated.  I'd say that if you have the option to move back into your parent's house then do it.  Yes, it will suck for a while but you'll be able to pay everything off so much faster.  Just make sure to help around the house. Ignore the guys saying that this tanks your score and will make getting a house difficult.  Although they are right that it will drop your score the fact is that you aren't in any position to make large purchases anyway and won't be for quite some time, so it really doesn't matter.  Your number one goal is to dig yourself out of this hole, not engage in activity that will keep you in it. Next, if you are only working part time then you need to do one of two things.  Either get a full time job or go find a second part time one.  The preference is obviously on the first, which you should be able to do in your spare time.  If, for some reason, you don't have the tech skills necessary to do this then go find any part time job you can.   It took us about 3 years to finally pay everything (except the house) off - we owed a lot.  During that time everything we bought was paid for in cash with the vast majority of our money going to pay off those accounts. Once the final account was paid off, I did go ahead and get a credit card.  I made very minor purchases on it - mostly just gas - and paid it off a few days before it was due each month.  Every 4 months they increased my limit.   After around 18 months of using that one card my credit score was back in the 700+ range and with no debt other than the mortgage. *note: I echo what others have said about ""Credit Repair"" companies.  Anything they can do, you can too.  It's a matter of cutting costs, living within your means and paying the bills.  If the interest rates are killing you, then try to get a consolidation loan.  If you can't do that then negotiate settlements with them, just get everything in writing prior to making a payment on it if you go this route.  BTW, make sure you actually can't pay them before attempting to settle."


">That's where you are wrong, kiddo. I've got a minor in economics, and a BBA/MBA in Finance. You are talking to a guy that is both more educated than you on the topic and actually works with low-income people more often than you.  One, I don't give a shit, and, two, you have no idea how much education I have or what I've done. But you still can't grasp the concept that statements like this mean nothing, have no bearing on whether your right or not, and is the equivalent of ""I'm older so I'm right."" However, if you were economist, then I'd actually care about your experience.  >Liberals outweigh conservatives by a wide margin in academics. It's fairly obvious why when you dive into it. Want research funding? There has to be a problem. Suggesting that the market is sorting out wages already and that there is no need for a minimum wage won't get you paid. You have to make bogus studies like the one you provided, which gets regurgitated in hundreds of forms by similarly desperate professors.  Oooh shitting on the academic community because they don't agree with your views. Someone's been drinking the kool-aid of Breitbart and other extreme right-wing new sources. I've heard this argument before. It's the classic, ""I'll come up with anything to justify my views and explain facts I don't like."" Are you into conspiracy theories by the way?   Besides, there is no proof of your last claim. But you are right, that academics lean liberal. Funny though how the intelligent people that go through years of schooling, get Ph.D's, and base their ideas and degrees off scientific research lean liberal and not conservative... And yet conservatives come up with any way they can to explain that inconvenient fact, with zero proof of course.  [http://www.epi.org/minimum-wage-statement/](http://www.epi.org/minimum-wage-statement/)  I know you don't like academics that disagree with you and love to think that your ""experience"" means you are correct. Here is a letter from over 600 economists, many of which are from top universities, that a for raising the minimum wage. So while you are being smug and all ""I have more experience than you,"" these people, that way surpass any experience you have in this realm, all agree that you are wrong.  >Dumb people get elected. Bad decisions get passed.  I know. Just look at Texas.  >You've read a study done by a guy in another state who has never hired of managed low wage employees telling you all about life. Okie dokie. You've got it!  I've ready plenty of studies, but whatever. You are the one that lives in an echo chamber that despises intelligent thought when it disagrees with your beliefs.  >Work on those logical fallacies, I don't think you could follow any of the arguments I made anyways, but I don't have the time to retype it all out.  Ha. Here you are being a dick, yet I followed everything you said regarding logical fallacies and proved you were wrong. You are just too prideful to admit it.  Have a nice night."


"I love that gawker will criticize people for doing this ""all to save a measly five bones"", but expects people will do the same thing ""if it's a Target, Walmart or American Apparel"" on their say-so.  In other news, I can't believe I actually clicked on a gawker link"


> Sure: right after you pay for all things that one NEEDS. What is left over should be for WANTS.  I don't think you really understood what I said. The basic needs of a people should be met by their government. Particularly as the world rushes towards an automated workplace.


När man reser mycket med jobbet består resandet inte enbart av flyg åt höger och vänster - man måste även ta sig till flygplatsen och tillbaka. Ett flyg väntar inte på en, så tiden ligger i fokus här och man vill inte alltid äventyra med kollektivtrafik eller tömma plånboken för en taxiresa. Därför är det många som väljer att ta bilen. http://www.parkairporthotel.se/


There are a few situations in which it may be advantageous to exercise early. Wikipedia actually has a good explanation: Option Style, Difference in value To account for the American's higher value there must be some   situations in which it is optimal to exercise the American option   before the expiration date. This can arise in several ways, such as: An in the money (ITM) call option on a stock is often exercised just   before the stock pays a dividend that would lower its value by more   than the option's remaining time value.  A put option will usually be   exercised early if the underlying asset files for bankruptcy.[3]  A deep ITM currency option (FX option) where the strike currency has a   lower interest rate than the currency to be received will often be   exercised early because the time value sacrificed is less valuable   than the expected depreciation of the received currency against the   strike.  An American bond option on the dirty price of a bond (such as   some convertible bonds) may be exercised immediately if ITM and a   coupon is due.  A put option on gold will be exercised early when deep   ITM, because gold tends to hold its value whereas the currency used as   the strike is often expected to lose value through inflation if the   holder waits until final maturity to exercise the option (they will   almost certainly exercise a contract deep ITM, minimizing its time   value).[citation needed]


If by tariff you mean a tax on foreign cars being sold within the US, then that's kind of a crappy idea too. That's still going to stifle competition and prop up the US auto industry, except now people won't be able to afford the better cars. Forcing US consumers to buy domestic cars won't make domestically made cars any better, it'll make them worse.  Subsidizing an industry that's huge and has a high barrier to entry isn't a bad idea as long as you foster competition within that industry. At some point though, you have to cull the companies that fail to innovate and bring in new ones.  Also, where do you put the tariff? What if you have a car that's assembled domestically, out of parts that are shipped over seas? What if a car is 100% made in the US by a company that's owned over seas?


"LOL!!!!! ""us"" is probably you and couple of other insane lefty liberals losers.  ""us"" does not include the majority of Americans who voted for Trump, and even more Americans now who see how great Trump is.  Yes, most Americans voted for Trump! Deal with it!"