Lets say the hurdle rate for this company is 10% and the current return on assets is 8%. A linear increase in revenue and earnings would actually destroy some value as projects that have a 9% return are accepted even though they destroy value for the shareholder.  hope this helps!


I would have asked for the intended recipient's account number and pursue sending the money there. If it's the same as yours (except for one digit) that would be a good sign. But even here, the crook could send money to dozens of different accounts, all off by one digit, just to make it look authentic. I'm going with scam just to be safe. As for the checksum, it's used on paper checks (next to the last digit) but not necessarily the actual account. Credit card accounts use an algorithm, but online tools create as many legitimate character strings as you want. I used to work at a credit union, and when the time was just right, I opened account number 860000 (actual account number except for the second digit). All their account numbers were sequential, so the oldest account number was 000001. Sadly, many important systems are set up to meet the simple needs of the masses, and are easy to beat if you really want to. Check out If you dare hackers to hack you, they'll hack you good.


"First, there are MLM businesses that are legitimate and are not Ponzi schemes; I actually work with one (I will not name it lest I give the impression of trying to sell here). One thing I learned was how to respond when a prospect raises objections related to the actual scams, which are abundant; the answer being to point out, and you mentioned this yourself, that in an illegitimate scheme, there is no actual product being offered - the only thing money is ever spent on is the expectation of a future profit. Ask your friend, ""Would you buy the product this company sells, at the price they ask, if there were not a financial opportunity attached to it?"" If not, ""How can you expect anyone else to buy it from you?"" There are only 3 ways he can respond to this question: he can realize that you're right and get out now; he can change the subject to the concept of making money by climbing the ranks and earning off of a salesforce, in which case it's time to educate him on Ponzi; or he can claim to be able to sell something he doesn't believe in, in which case you should run fat, far away. If he does indicate that he would be a customer even without the chance to sell the product, then offer him the chance to prove it, by giving you one sales pitch on the condition that he is not allowed to breathe a word about joining the business. Do him the courtesy of listening with an open mind, and decide for yourself whether you could ever be a customer. If the possibility exists, even if not today, he has found one of the few legitimate MLM companies, and you should not try to stop him. If not, you'll have to determine whether it's because the product just isn't for you, or because it's inherently worthless, and whether you should encourage or discourage your friend going forward."


You did not get it!  You can buy anything on Amazon, but how many people will buy bicycles, electric riding cars or sand for a sand box on-line?   Most would prefer to go to the toy store so their children can try the bicycle or riding car and choose the one they like.


"I agree with you most of what you're saying, but there is still the fundamental conflict at the bottom of all of this.  You are saying that the public accounting firms *should* do these things, when they are in fact just businesses, which are by definition amoral.  The ""public"" in ""public accounting"" is misleading here, for the firms are privately held owned organizations.  Of course there are going to be reputational benefits for acting in accordance to these standards, but if they can reasonably get away with it then why wouldn't they?  Edit:  Your comment in regards to the inefficiency of government audits is an excellent point, though."


For anyone in engineering, let this be a lesson. If your boss wants you to do something shady, refuse and if they persist quit. You go to jail while they claim they didn't know anything about it and their lawyers get them off.


"I don't live in Pennsylvania and I don't know anything about this particular tax, but just the name says that it is a ""local"" tax. TurboTax covers federal and state taxes, not local taxes. Many places have city, township, and/or county taxes that you are required to pay in addition to state and federal taxes."


"They are right to ask for the money back because you were not entitled to that money. However, you may have a defense called ""laches"". Basically, you can try to show that because of the government's unreasonable delay in asking for the money back, in the meantime you relied on the assumption that it was your money in good faith, and spent it, and now to have to come up with the money that you assumed you wouldn't need would cause great harm to you."


See my recent answer to a similar question on prepaying a mortgage versus investing in IRA. The issue here is similar: you want to compare the relative rates of funding your retirement account versus paying down your debt. If you can invest at a better rate than you are paying on your debt, with similar risk, then you should invest. Otherwise, pay down your debt. The big difference with your situation is that you have a variable rate loan, so there's a significant risk that the rate on it will go up. If I was in your shoes, I would do the following: But that's me. If you're more debt-averse, you may decide to prepay that fixed rate loan too.


I don't think they were planning to fire everyone and hire chinese engineers, it's a profitable business so the chinese wanted it.   It sucks for the guy who built the company from the ground up (and all the employees who worked for equity), they aren't going to be able to cash out like they had planned.


"> Forecasting prices to the level of accuracy they purport is a fool's errand. Sell side analysts are there to get you to buy something, not to make you money. > If they truly believed their analysis was significantly better than anyone else's in the market, they would trade on their own analysis. > No one ever got rich by following analyst recommendations. > Don't believe me? Track the buy/sell recommendations in a spreadsheet for 50+ stocks. I would be shocked if you significantly outperformed the market.  Only partly right.  Sell side price targets are bullshit.  Literally everyone knows this.  The reason there is value isn't because of their predictions but because of everything else.  [Here's another professional's opinion as well:](http://www.reddit.com/r/investing/comments/27dokr/aapl_proves_wall_street_is_nuts/chzy78s?context=3)  > If we're talking about sell-side institutional analysts, then this is not necessarily correct. It's just that the retail sector seems to only give a shit about the forecasts/conclusions (""ohhh DB says buy xyz with target of xx.xx!""). This goes to show how ignorant retail is when it comes to what the actual value of sell-side research reports are.  > Sell-side research isn't valuable for buy-side because of the recommendations.. those are in fact the most ignored aspect of published research. It's valuable for buy-side because of the content. Sell-side analysts do the bullshit grind in investigating underlying information (such as visits to operational endeavors and clawing together bulk data). Buy side uses this underlying accrued data to formulate their own conclusions."


What intrinsic value does the hypertext transfer protocol (HTTP) have? The coins may not have intrinsic value, except that they are kept scarce, but I believe the technologie does. The list of things you can do with a blockchain is endless. In theory applications could be build on top of Bitcoin, though that hasn't happened yet, at least not in a major way. I am personally not invested in Bitcoin anymore, because there are other coins now that have more potential for value, to put it that way, but I think the people who argue Bitcoin has no value whatsoever, or that it's a Ponzi scheme, are usually the ones who don't have any understanding of how it works.


The problem is that some of us want to design an engine that is fair and stable. Others just want to win. Once some people know who has a chance of winning, they no longer see it as a space in which they are wanting to design something fair, they are seeing the design problem as part of the competition space.  It's really important to teach people from a young age that the rule space itself is a sacred trust and that one must design a system so that they would be happy being any of the players in the system, not just the player they know themselves to be.


For one, the startup doesn't exist yet, so until March I will get nothing on hand, though I have enough reserves to bridge that time. I would not take this deal unless the start-up exists in some form.  If it's just not yet profitable, then there's a risk/reward to consider.  If it doesn't exist at all, then it cannot make a legal obligation to you and it's not worth taking the deal yet.  If everything else is an acceptable risk to you, then you should be asking the other party to create the company and formalize the agreement with you. As regards reserves, if you're really getting paid in shares instead of cash, then you may need them later.  Shares in a start-up likely are not easy to sell (if you're allowed to sell them at all), so it may be a while before a paycheck given what you've described. For a second, who pays the tax? This is my first non-university job so I don't exactly know, but usually the employer has to/does pay my taxes and some other stuff from my brutto-income (that's what I understood). If brutto=netto, where is the tax? This I cannot answer for Germany.  In the U.S. it would depend in part on how the company is organized.  It's likely that some or all of the tax will be deferred until you monetize your shares, but you should get some professional advice on that before you move forward.  As an example, it's likely that you'd get taxed (in part or in whole) on what we'd call capital gains (maybe Abgeltungsteuer in German?) that would only be assessed when you sell the shares. For third, shares are a risk. If I or any other in the startup screw really, my pay might be a lot less than expected. Of course, if it works out I'm rich(er). This is the inherent risk of a start-up, so there's no getting around the fact that there's a chance that the business may fail and your shares become worthless.  Up to you if you think the risk is acceptable.  Where you can mitigate risk is in ensuring that there's a well-written and enforceable set of documents that define what rights go with the shares, who controls the company, how profits will be distributed, etc.  Don't do this by spoken agreement only.  Get it all written down, and then get it checked by a lawyer representing your interests.


Being a professional auditor and accountant, deduction against expenses are claimed in the year in which expenses has been incurred. It has no relationship with when it is paid. For example, we may buy on credit does not mean that they will be allowed in the period in which it is paid. This is against the fundamental accounting principles.


most of the internships are what you make of them. on your downtime try meet with as many people as you can. you have access to internal networks, email people in departments you want to get into and ask for informational interviews. this is extremely important because they will give the recommendations come time for fulltime employment


">*”China will extend a warm welcome to Trump during his state visit early next month. Beijing will also hold firmly to its refrain of ""win-win cooperation"" to (in a theatrical sense) save the appearances.""*  So let me get this straight. They’re planning on a reasonable and no-drama encounter with the fucking moron????? This can only go spectacularly wrong."


I know that the Port Authority employees don't work for the city, so that's a straw man. The reason you've been disingenuous is because you implied that the fact that New York City is overwhelmingly Democratic has any bearing over the control of the New York State Legislature, or the Governorship, when this is clearly not the case. The fact that the current executive director was appointed by Paterson is the first relevant argument you've made. Even so, the current state of the Port Authority  was shaped by more than the past 5 years, and to imply otherwise is also disingenuous.


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A lease payment is composed of an interest portion (borrowed money) and depreciation amount (purchase - residual). The Monthly payment is then Monthly Interest Cost + Monthly Depreciation Cost The Money Factor is used to estimate the amount of interest due in a single month of a lease so you can figure out the monthly payment. If you are borrowing $100,000 then over the entire loan of repayment from a balance of $100,000 to a balance of $0, the average amount you owed was $50,000 (1/2 of principal).   You are repaying this loan monthly (1/12 of a year) and percents are expressed as decimals (1/100). 6 * 1/2 (for principal) * 1/12 (for monthly) * 1/100 (to convert percentage from 6% to .06)  = 6 * 1/2400. 2400 is the product of 3 consecutive conversion (1/2 * 1/12 * 1/100) to convert from an interest rate to a money factor. 6/2400 = Money factor of 0.0025 which can be multiplied against the total amount being borrowed to know what the monthly interest would roughly equal. Some Money Factor info: https://www.alphaleasing.com/resources/articles/MoneyFactor.asp


"The gap up/down and rapid movement immediately following market open is due to overnight futures activity. In your example, SP500 on June 20, 2016 saw a 20-point gap up at market open. This was because the SP500 futures were trading 20 points higher at 9:30 AM than at its close on Friday. The index will always ""catch up"" with futures at market open. You can see that below. The top chart is the E-mini SP500 futures from Sunday night to Monday. Beneath it is the SP500 index."


"If I understand you correctly, no you shouldn't be charged interest. Lets say you have a billing cycle of monthly (which usually isn't true). You charge $XX per day, ending up at $1000 at the end of January. So February 1st, your bill for your January billing cycle is $1000, due by Feb 15th (lets say). On February 1st, you continue to charge $XX per day. You go to pay your bill online on Feb 14th (to be safe), and you'll usually see on your credit card website something like: You'd hit ""Pay my bill"", and you'd usually see these options: At the date your cycle was due (Feb 15th), if you haven't paid your full latest statement (lets say you paid $500), they will charge you interest on the entire balance for the period (so interest on $1000, or lets say $50). The other $500 will roll over to the next month, so your next month you'd be somewhere near a $1550 bill."


"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/features/2017-09-12/why-american-workers-pay-twice-as-much-in-taxes-as-wealthy-investors) reduced by 96%. (I'm a bot) ***** > The U.S. has a progressive tax system in the sense that well-paid workers sacrifice much more than poor workers on their &quot;Ordinary income.&quot; But Americans with so-called unearned income-qualified dividends and long-term capital gains-get a break.  > By lowering taxes on investors, you shift more of the tax burden to well-paid workers.  > Taxing workers more than investors is fair, conservatives also argue, because investors and workers are really the same people at different stages of their lives.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/70kd8a/why_american_workers_pay_twice_as_much_in_taxes/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~211279 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **tax**^#1 **more**^#2 **work**^#3 **rate**^#4 **investor**^#5"


I don't know why stocks in some industries tend to have lower prices per share than others. It doesn't really matter much. Whether a company has 1,000,0000 shares selling for $100 each, or 10,000,000 shares selling for $10 each, either way the total value is the same. Companies generally like to keep the share price relatively low so that if someone wants to buy a small amount, they can. Like if the price was $10,000 per share, than an investor with less than $10,000 to put in that one stock would be priced out of the market. If it's $10, then if someone wants $10 they can buy one share, and if someone wants $10,000 they can buy 1000 shares. As to why energy stocks are volatile, I can think of several reasons. One, in our current world, energy is highly susceptible to politics. A lot of the world's energy comes from the Middle East, which is a notoriously unstable region. Any time there's conflict there, energy supplies from the region become uncertain. Oil-producing countries may embargo countries that they don't like. A war will, at the very least, interfere with transportation and shipping, and may result in oil wells being destroyed. Etc. Two, energy is consumed when you use it, and most consumers have very limited ability to stockpile. So you're constantly buying the energy you need as you need it. So if demand goes down, it is reflected immediately. Compare this to, say, clothing. Most people expect to keep the same clothes for years, wearing them repeatedly. (Hopefully washing them now and then!) So if for some reason you decided today that you only need three red shirts instead of four, this might not have any immediate impact on your buying. It could be months before you would have bought a new red shirt anyway. There is a tendency for the market to react rather slowly to changes in demand for shirts. But with energy, if you decide you only need to burn 3 gallons of gas per week instead of 4, your consumption goes down immediately, within days. Three, really adding to number two, energy is highly perishable, especially some forms of energy. If a solar power station is capable of producing 10 megawatts but today there is only demand for 9 megawatts, you can't save the unused megawatt for some future time when demand is higher. It's gone. (You can charge a battery with it, but that's pretty limited.) You can pile up coal or store natural gas in a tank until you need it, but you can't save the output of a power plant. Note numbers two and three also apply to food, which is why food production is also very volatile.


"That wasn't an ""inheritance"" that arrived out of the blue and the ""bank"" contacted your girlfriend by email, was it? A UK tax code is basically an assessment of how much money you can earn in the UK before you have to pay tax on it - basically it's a coding for a tax allowance and as a UK tax payer HMRC (the UK version of the IRS) gives you one for free. If your girlfriend is not a UK tax payer she should get the necessary paperwork to show that she isn't, although I'm not sure if that's got any bearing on inheritance tax. There are no lawyers involved in that process normally, any appropriately accredited accountant can do that for you in the UK if you're not in the UK. When I had to apply for a change of tax status in the UK it certainly didn't cost me $9.6k to do so via my accountant there. In fact the whole thing cost a few pounds to pay for my accountant's time and that was it. In fact, that whole thing smells fishy to me as someone who used to live in the UK. Care to divulge the name and possibly address of the bank? Here's inheritance tax information straight from the horse's mouth. That should clear up any questions if your girlfriend is even liable for any inheritance tax in the UK in the first place. And then, given the sums involved, get the recommendation for a good lawyer and a good accountant in the UK (or an accountant who can recommend a lawyer) to make sure that that end of the transfer goes smoothly."


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I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/metacanada] [Canada Pension Plan Investment Board Invests US$400 Million in WME│IMG](https://np.reddit.com/r/metacanada/comments/6sdk52/canada_pension_plan_investment_board_invests/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)


"I think the key to this question is to think about how people tick. The underlying assumption in any decision that measures monetary value or other economic principles is that we're rational actors in a global marketplace.  Life isn't a ledger or a taxi on a meter. If you have time on your hands or enjoy the act of driving when you run your errands, that diversion to save a dime on gas isn't a net loss, it just is. That may be a different story if you need to get your rental car returned so that you can fly home -- in that case, you're ok with getting hosed by the gas station strategically located between hotels and the airport. Our motivations are deeper than that. Some people get a feeling of satisfaction or security from always getting the ""best deal"". Some folks visit a particular gas station because the clerks are friendly or the coffee is good. Others want to pay more -- they buy ""premium"" gas from Exxon/Mobil because they are premium people who ""buy the best""."


"I agree, this is an great discussion.  I think I understand your position now - Black-Scholes is an equilibrium model because its a model that in effect says, ""here's the price of an option if the underlying follows this stochastic process"". I guess my question is then - what would a strictly ""no arbitrage"" equity option model look like then (e.g. one analogous to Hull-White)? Does such a concept even make sense?"


My gf and I are considering a weekend trip here later in the year. If we go I'll be sure to look you up.   Also there is some great branding advice above from others. Best of luck.


Further evidence that the love of money is the root of all evil. Money is useless if not transformed into something material.  Apparently Americans are duped by the wealth effect.  If their portfolio has high numbers they feel rich and impoverish themselves by spending more of their income even though it is just ink and paper unless transformed into something tangible.  Fools.  The hoarders of money must be afraid they would run out, expose they have no usefull skills and have to do actual work for a living.


Most 0% interest loans have quite high interest rates that are deferred. If you are late on a payment you are hit with all the deferred interest. They're banking on a percentage of customers missing a payment.  Also, this is popular in furniture/car sales because it's a way to get people to buy who otherwise wouldn't, they made money on the item sale, so the loan doesn't have to earn them money (even though some will). Traditional banks/lenders do make money from interest and rely on that, they would have to rely on fees if interest were not permitted.


Yeah because under those conditions, its usually a 50-50 joint venture with a Chinese company/local government - meaning its in the contract they show the partner how they do things and how their technology works they also lose control on who they bring in.  At least with a wholly own factory, they can control who they hire and have heavy restrictions on who they show their technology...    Before you go on and say China will infiltrate with spies and steal their technology...When it comes to corporate espionage - what would be stopping Tesla (or any multinational company) from hiring a spy in their current facilities in the US (or anywhere else)?


"Seriously. I've been in nonprofit for 8 years. I just reentered the market after two years of grad school and was shocked. Full time 40 hours a week program managers listed under ""Americore programs"" offering $1,000 a month as a stipend, with Masters degree to qualify. Those jobs were $30 -$50,000+ five years ago and that was on the low end. The level of job rebranding in this market is unbelievable. Employers should be ashamed.  The same with ""internships"". I really believe labor laws need to start regulating this practice."


"I feel like the idea ""vote with your dollars"" has been around for a long time now but very few people have enacted it seriously.  Just think how much shit businesses get away with because they have little to no actual worry of anybody taking their business elsewhere.  A serious large amount of people would have to actually do so to make an impact, but they don't.  Meanwhile we know what happens when people actually do stop buying from businesses, e.g the disappearance of brick and mortar music stores since the advent of digital.  So what's the difference?  Obviously it is convenience.  When it was convenient for people to get their music digitally they stopped buying cds.  But it is apparently too inconvenient to adjust you buying for political reasons.  Which is of course shortsighted when you take the long term consequences into account as inconveniences (and in many cases these consequences are far worse than a mere inconvenience)"


If it's feasible, try to get one card down to zero balance, and preferably one of your cash-back cards.  Then keep that at zero every month (pay it off in full), and use it for your purchases as you describe above. The idea would be to get it so that you are not paying interest on your month to month purchases.  This not only reduces the 20% or whatever that you're paying on that balance, but also the 20% or whatever you're paying on those purchases - remember, a card you carry a balance on charges you interest on those purchases from the current month. If this isn't feasible (if these are all very high balance cards), then I suppose the way you're currently doing it would be okay, though I think you're overthinking things to some extent - but with 80% interest, if that's a significant pile of money, you may need to as clearly that needs to be tackled first.  I think it's mostly better for you to pay your day to day stuff out of pocket and not use your cards the way you are suggesting, but with the 80% loan(s) you may need to. The reason I say it's better not to use your card the way you suggest is that it is difficult to do properly and never get it wrong (i.e., never go over a balance), and it's also leaving you in the habit of using credit.  It doesn't help you budget necessarily, either.  Instead, set up a fully developed budget that includes all of those minimum payments and pay them.  Certainly once you have the > 50% debt handled, I would switch to this method (not using credit cards at all).


"There are two solutions. One is financially better, the other is psychologically better.  Financially better: You should pay off loans in the order of interest rate, so the 9% first, then the six percent, then the 3-4%. If you pay back $1000, the first one saves you $90 a year in interest, the second saves you $60, the third $30-$40 a year. Every year until everything is paid back.  Psychologically better: Some people have psychological problems paying back debt, and it is better for them to pay back small loans first. If you feel better having two loans instead of three, and feeling better makes you able to save money and pay back the other loans, while having three loans would make you depressed and unable to make savings - pay back the smaller loan.  If you don't have that kind of problem, use the ""financially better"" method."


Isn't this because of chronic oversupply of business studies graduates? Nobody seems to want them much when it comes to actual hiring. Yet colleges keep churning them out because they're profitable and there's seemingly an infinite supply of fresh BS rubes to earn money from.


The $50k is subject to the appropriate income taxes, which may include FICA taxes including the employer share if you are self employed. The after tax money can then be invested with the amount invested being the cost basis (I.e., if you invest $40k you will have a cost basis of $40k).  In future years you will have taxes due if any of those investments pay dividends (or capital gain distributions). Once you sell you will have a capital gain or loss that you will pay taxes on (or take a deduction if a loss). Now you can improve this picture if you are able to put some of your money into a retirement account (either a tax deductible or a ROTH). With retirement accounts you do not pay tax on the capital gains or dividends. If you use a tax deferred account your tax is higher but that is because you were also investing Uncle Sam's portion of your pay check.


There is an alternative if something (i.e., chicken) is 100% chicken.  If it's anything other than straight chicken, it obviously isn't 100% chicken. It's only deceptive if you literally don't think about it at all. Obviously a chicken meatball isn't 100% chicken. Then it would just be ground chicken.  Do you have any evidence whatsoever of the intent behind the law, or does it just feel that way to you?


"It may seem like you cannot live without this trip, but borrowing money is a bad habit to get into.  Especially for things like vacations.  Your best bet is to save up money and only ever pay cash for things that will decrease in value.  Please note that while it is a bad idea to borrow money for things that decrease in value, the ""opposite"" is not necessarily true.  That is, it is not necessarily a good idea to borrow money for things that will increase in value; or, will earn you income. False assumptions can cloud our judgement.  The housing bubble and the stock market crash of 1929 are two examples, but there are many others."


Too much fiddling with your portfolio if the difference is 3-4% or less (as it's become in recent months).  Hands off is the better advice.  As for buying shares, go for whichever is the cheapest (i.e. Goog rather than Googl) because the voting right with the latter is merely symbolic.  And who attends shareholders' meetings, for Pete's sake? On the other hand, if your holdings in the company are way up in the triple (maybe even quadruple) figures, then it might make sense to do the math and take the time to squeeze an extra percentage point or two out of your Googl purchases.  The idle rich occupying the exclusive club that includes only the top 1% of the population needs to have somethinng to do with its time.  Meanwhile, the rest of us are scrambling to make a living--leaving only enough time to visit our portfolios as often as Buffett advises (about twice a year).


It really centers on the probability of your position falling to $0 and your level of comfort if that were to happen.  There are a plethora of situations that could cause an option contract to become worthless.  The application of leverage to a position also increases the risk. Zero risk would be an FDIC insured savings account, high risk would be buying options on margin, and there's a very wide grey area in between.  I agree that the whole process of assigning a risk level is dubious at best.  As you say, it seems using past data could help assign a risk level, look to beta values if you believe in that.  The problem here is the main disclaimer in use is that past performance cannot be relied upon for future gains. As an aside, if the US government files bankruptcy you'll have a whole host of more immediate problems than the value of your t-bills.  At that point dollars would have been a risky investment.


I don't know what you mean by 'major'. Do you mean the fund company is a Fidelity or Vanguard, or that the fund is broad, as in an s&P fund?  The problem starts with a question of what your goals are. If you already know the recommended mix for your age/risk, as you stated, you should consider minimizing the expenses, and staying DIY. I am further along, and with 12 year's income saved, a 1% hit would be 12% of a year's pay, I'd be working 1-1/2 months to pay the planner?  In effect, you are betting that a planner will beat whatever metric you consider valid by at least that 1% fee, else you can just do it yourself and be that far ahead of the game.  I've accepted the fact that I won't beat the average (as measured by the S&P) over time, but I'll beat the average investor. By staying in low cost funds (my 401(k) S&P fund charges .05% annual expense) I'll be ahead of the investors paying planner fees, and mutual fund fees on top of that. You don't need to be a CFP to manage your money, but it would help you understand the absurdity of the system.


Because BB is really a decentralized marketing company that supports individual retail stores.   It would be continuing to use typewriters instead of email; while still employing typists.  Xerox had the same problem: they were a copy machine company and the sales workers got paid by each paper copy was made.  They R&D the paperless office PARC (mouse, GUI, laser printer, etc...)  and can't make it work because it conflicts with their core business.   BB would have had to buy back all the franchises. The ONLY thing BB could do was to go out of business.


Eh, it's not an excuse. While economic reasons are major ones, saying that people don't manipulate and exploit others for non-economic reasons is a little too rosy. Some people are inherently evil and will step on and over others for personal gains beyond solely monetary.   It sounds like you're trying to say capitalism is the evil here, but I don't think you're going to be able to provide one that isn't similar. Communism, tribal, socialism, fascism, whatever are all twisted and perverted by many involved in them for personal gain.   The one constant in any system is humans and their nature, so I have to disagree that it's solely the economic system that we live under because there just isn't another one that has proven to operate differently in actual execution.


"Retirement accounts often can be invested with pretax money, with the exception of Roth accounts that use post-tax and have tax-free growth if you follow the rules, rather than after tax money as well as provide a shelter so that you aren't having to pay annual taxes on dividends and other possible distributions. Another point would be to consider how much money you'd be investing as some funds may have institutional versions that can be much cheaper than others, e.g. compare Vanguard's index funds that the 500 Index in Investor shares, Admiral shares and institutional forms where the tickers would be VFINX, VFIAX, VINIX, VIIIX to consider. Some companies may have access to the institutional funds that aren't what you'd have unless you are investing millions of dollars upfront. Lastly, if there isn't an employer plan and you make a ton of cash, you may not qualify for a deductible IRA or Roth IRA contribution for something else that may happen if you want to start playing with, ""What if."""


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"The best predictor of mutual fund performance is low expense ratio, as reported by Morningstar despite the fact that it produces the star ratings you cite. Most of the funds you list are actively managed and thus have high expense ratios. Even if you believe there are mutual fund managers out there that can pick investments intelligently enough to offset the costs versus a passive index fund, do you trust that you will be able to select such a manager? Most people that aren't trying to sell you something will advise that your best bet is to stick with low-cost, passive index funds. I only see one of these in your options, which is FUSVX (Fidelity Spartan 500 Index Fund Fidelity Advantage Class) with an exceptionally low expense ratio of 0.05%. Do you have other investment accounts with more choices, like an IRA? If so you might consider putting a major chunk of your 401(k) money into FUSVX, and use your IRA to balance your overall porfolio with small- and medium-cap domestic stock, international stock, and bond funds. As an aside, I remember seeing a funny comment on this site once that is applicable here, something along the lines of ""don't take investment advice from coworkers unless they're Warren Buffett or Bill Gross""."


Dental veneers are a thin ceramic shell that is layered over your original tooth and creates a more aesthetically pleasing look of the tooth and creates a nicer smile. Veneers are used commonly to help restore damaged teeth, fractured teeth or teeth that are discolored. It is done professionally by veneers Mansfield.  Visit us : http://dentist-lorain.webnode.com/veneers-mansfield/


You think a company based on raising awareness of sea creatures doesn't care about animals. Just look at their mission statement. They put nothing before animal well being. That movie that came out is just pure propaganda.     >Research is performed to gain an understanding of the relationships among reproductive endocrinology, anatomy, behavior and physiological events such as ovulation and parturition. >This knowledge is applied to cooperative captive management practices, in collaboration with government and non-government organizations, to facilitate both natural and assisted breeding strategies.


Nobody tracks a single company's net assets on a daily basis, and stock prices are almost never derived directly from their assets (otherwise there would be no concept of 'growth stocks').  Stocks trade on the presumed current value of future positive cash flow, not on the value of their assets alone. Funds are totally different.  They own nothing but stocks and are valued on the basis on the value of those stocks.  (Commodity funds and closed funds muddy the picture somewhat, but basically a fund's only business is owning very liquid assets, not using their assets to produce wealth the way companies do.) A fund has no meaning other than the direct value of its assets.   Even companies which own and exploit large assets, like resource companies, are far more complicated than funds: e.g. gold mining or oil extracting companies derive most of their value from their physical holdings, but those holdings value depends on the moving price and assumed future price of the commodity and also on the operations (efficiency of extraction etc.) Still different from a fund which only owns very liquid assets.


This sounds like a rental fee as described in the instructions for the 1099-MISC.   Enter amounts of $600 or more for all types of rents, such as    any of the following. ... Non-Employee compensation does not seem appropriate because you did not perform a service. You mention that your tax-preparer brought this up.  I think you will need to consult with a CPA to receive a more reliable opinion.  Make sure to bring the contract that describes the situation with you.  From there, you may need to consult a tax attorney, but the CPA should be able to help you figure out what your next step is.


I'm not sure 1099-MISC is what you should expect. Equity means ownership, and in LLC context it means membership. As an LLC member, you'll get distributions and should receive a K-1 form for tax treatment, not 1099 or W2. If the CEO is talking about 1099 it means he's going to hire you as a contractor which contradicts the statement about equity allocation. That's an entirely different situation. 1) Specifically, would the 1099-MISC form be used in this case? 1099-MISC is used to describe various payments. Depending on which box is filled, the tax treatment may be as of employment income (subject to SE taxes) or passive income (royalties, rents, etc - subject to various limitations in the tax code). 3) If this is the only logical method of compensation (receiving a % of real estate sales), how would it be taxed? That would probably be a commission and taxed as employment income. I suggest to get a professional tax adviser consultation on this issue, with specific details, numbers, and kinds of deals involved. You can get gain or lose a lot of money just because you're characterized as a contractor and not LLC member or employee (each has its own benefits and disadvantages, and you have to consider them all). 4) Are there any advantages/disadvantages to acquiring and selling   properties through the company as opposed to receiving a % of sales? Yes. There are advantages and there are disadvantages. For example, if you're using a corporation, you can get salary, if you're a contractor you cannot. There are a lot of issues hidden in this distinction (which I've just discussed with KeithS in this argument).


By all measures, the U.S. stock market is currently frothy. The apparent stability of the world financial system is superficial – financial asset prices are not real, the equilibrium is temporary, the lack of volatility is a trap, and when the whole thing goes haywire, there will truly be hell to pay.


Stem Education is a very crucial in the further career for kids. A strong STEM paves the way of the good science, innovation, designing, and arithmetic, such that enables kids to sustain in the scientific aptitudes and relational abilities they learn in humanities courses.


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it sounds like you don't have experience in this, and neither does your *investor*; which is a recipe for disaster (pun intended).  Your first order of business is to check whether your investor is an *Accredited Investor* (google to see what it means), if s/he's not, **walk away**.  If s/he's an accredited investor, find a lawyer who can help you navigate this process, however these are the issues:  * lawyers are expensive, and lawyers who have experience in these type of transactions are even more expensive * you actually need 2 lawyers, one for you and one for the investor * if neither of you have experience, there will be a lot more billable hours from the lawyers.....  In principle this can go 3 ways:  1. The investors give you a loan, you pay them interests on a periodic basis, and then also principal.  Items to be negotiated: interest rates, repayment schedule, collateral, personal guarantees. Highly unlikely this is what the investors wants.  2. The Investors get equity. items to be negotiated: your compensation, % of ownership, how profits are divided, how profits are paid; who gets to decide what.  3. A combination of 1 and 2 above, a *Convertible Note*.  There's a lot more, too much for a Reddit post.  There's not an easy ELI5.


Your parents would not be able to claim her as a dependent as multiple people are not allowed to claim a single person as a dependent.  Utilize the IRS website to show who you are and are not allowed to claim (https://www.irs.gov/uac/Who-Can-I-Claim-as-a-Dependent%3F).


> On July 13, Lampert's ESL Partners entered into a short-term line of credit loans, which carry a maturity date of 151 days and a fixed interest rate of 9.75 percent per year, Sears said.  Jesus Christ.  That seems pretty desperate.  Not sure how or why this would make shares jump.  That's a hell of a rate for what is effectively commercial paper.


Not a bad article but pretty simplified and a little bit sensationalized. It's not like using math to figure out fixing wealth inequality is a novel idea. There are thousands of researchers and professors in political science, economics and mathematics that have applied their entire research careers on figuring out 1. How inequality has *actually* developed and  2. The best ways to fix it. You can find them in damn near any university in the United States.   You want to read some good, peer reviewed, highly cited research and papers and income and wealth inequality, read anything written by Thomas Piketty or Emmanuel Saez, pretty much the preeminent inequality scholars in Western economics as well as select writings by Krugman or Stiglitz, both of whom have won Nobel prizes. Their works are more palatable for non-academic readers, but their biases (particularly Stiglitz) are more apparent. Still great reads though.   I like that this article addressed the fact that to legitimately change the wealth distribution we need a huge range of programs and tax changes. There's no one right answer and every solution has it's downsides and externalities.


"TL;DR; There is no silver bullet. You have to decide how much to invest and when on your own.  Averaging down definition: DEFINITION of 'Average Down' The process of buying additional shares in a company at lower prices than you originally purchased. This brings the average price you've paid for all your shares down. BREAKING DOWN 'Average Down' Sometimes this is a good strategy, other times it's better to sell off a beaten down stock rather than buying more shares.  So let us tackle your questions: At what percentage drop of the stock price should I buy more shares. (Ex: should I wait for the price to fall by 5% or 10% to buy more.) It depends on the behaviour of the security and the issuer. Is it near its historical minimum? How healthy is the issuer? There is no set percentage. You can maximize your gains or your losses if the security does not rebound. Investopedia: The strategy is often favored by investors who have a long-term investment horizon and a contrarian approach to investing. A contrarian approach refers to a style of investing that is against, or contrary, to the prevailing investment trend.  (...) On the other side of the coin are the investors and traders who generally have shorter-term investment horizons and view a stock decline as a portent of things to come. These investors are also likely to espouse trading in the direction of the prevailing trend, rather than against it. They may view buying into a stock decline as akin to trying to ""catch a falling knife."" Your second question: How many additional shares should I buy. (Ex: Initially I bought 10 shares, should I buy 5,10 or 20.) That depends on your portfolio allocation before and after averaging down and your investor profile (risk apettite). Take care when putting more money on a falling security, if your portfolio allocation shifts too much. That may expose you to risks you shouldn't be taking. You are assuming a risk for example, if the market bears down like 2008: Averaging down or doubling up works well when the stock eventually rebounds because it has the effect of magnifying gains, but if the stock continues to decline, losses are also magnified. In such cases, the investor may rue the decision to average down rather than either exiting the position or failing to add to the initial holding.  One of the pitfalls of averaging down is when the security does not rebound, and you become too attached to be able to cut your losses and move on. Also if you are bullish on a position, be careful not to slip the I down and add a T on said position. Invest with your head, not your heart."


Dude, I said pink slime is gross. Is, and should be, legal. Still gross.   Stop deciding who I am. You have no idea what you're talking about and are just coming to a conclusion you feel is right. That's totally unreasonable.


You will see self driving full size semi trucks before you own a personal self driving car.  The efficiencies will be much greater for a big rig, vs small car or van.   Right now, HOS limits time a driver can spend behind the wheel. Without team drivers, the truck sits idle for 60-70+% of the time.  Large truck companies will see the benefit of owning less assets, paying less for whatever fuel they will be using, and increasing the general efficiency of their operations.


"I'd suggest you to separate ""doing good"" from ""earning profit"". Look at the guys like Warren Buffett and Bill Gates (or Carnegie and Ford for that matters). They understand that you can't reconcile the two goals, so they donate for free what they earned for profit. If you want to make a social impact with your money, you can check the charity programs that have a confirmed record of a positive impact on people's lives. Non-profits that studied such programs publish their results extensively: AidGrade compiles this research and suggests direct donations to the programs that demonstrated best outcomes per dollar invested:"


That article misses the entire point of why (most) American's use credit cards: to spend money they don't have. All it spoke about was ease of use. If anything, you could change it to talk about *debit* cards and that might be true.


The Home Mill is a family-owned company with a history dating back over 20 years. With firm roots in Manchester and run by people who really care about the local community and providing the people with the best possible service, we are steadily becoming a force to be reckoned with in home furniture for the region.


"J Gruber's consulting reports for the various states (Minnesota, Wisconsin, etc).  * http://www.washingtonpost.com/blogs/ezra-klein/post/jon-gruber-on-the-premiums-in-health-care-reform/2011/08/25/gIQAN0TUWS_blog.html  ...and the article it addresses (which included some numbers from the reports):  * http://dailycaller.com/2012/02/11/obamacare-architect-expect-steep-increase-in-health-care-premiums/  Note that Gruber has made a whole spectrum of claims (from initially claiming that premiums would go DOWN for a consulting agreement with the Obama administration, to later ""revisions"" showing significant increases {to varying degrees depending on the individuals specific demographic}), to wit:  >Gruber’s new reports are in direct contrast Obama’s words — and with claims Gruber himself made in 2009. Then, the economics professor said that based on figures provided by the independent Congressional Budget Office, “[health care] reform will significantly reduce, not increase, non-group premiums.”  >During his presentation to Wisconsin officials in August 2011, Gruber revealed that while about 57 percent of those who get their insurance through the individual market will benefit in one way or another from the law’s subsides, an even larger majority of the individual market will end up paying drastically more overall.  >“After the application of tax subsidies, **59 percent of the individual market will experience an average premium increase of 31 percent,”** Gruber reported.  >The reason for this is that an estimated 40 percent of Wisconsin residents who are covered by individual market insurance don’t meet the Affordable Care Act’s minimum coverage requirements. Under the Affordable Care Act, they will be required to purchase more expensive plans.  >Asked for his own explanation for the expected health-insurance rate hikes, Gruber told TheDC that his reports “reflect the high cost of folding state high risk pools into the [federal government's] exchange — without using the money the state was already spending to subsidize those high risk pools.”  Note: Emphasis added.    Note 2: To begin with, an ""average"" increase of 31% qualifies as ""significant"" (hell, it's a lot more than merely ""significant"", that's a HUGE increase); and secondly, that is an AVERAGE, meaning that while some of the people in that ""59%"" will probably not see such a high increase, a fairly large segment {and per the provisions of the Act versus current premium calculation methods, we KNOW these will be ""young healthy singles"", and especially males} will face increases that are substantially HIGHER than 31%, and in fact will probably be in the nature of double or triple previous premiums {as would be required in order to meet another provision of the act, that highest premiums for older/sicker pool members cannot be higher than 3x that of the youngest/lowest tier premiums -- and if the company is to balance the books, it can only ""bring down"" the one end if it makes a compensating increase at the other end.})  None of that is ""rocket science"" and it is entirely predictable. (The only things that would be ""odd"" would be that anyone should expect anything different, and that Gruber's initial claims of across the board lower costs were ever accepted in the first place.)"


1.   It is difficult.  There is no formal process outside of undergrad and MBA programs to easily gain access to interviews.  At your level, its mostly about connections.  If willing to start near bottom, go to your business school and start applying to bank associate programs.  Sounds like you would like sales and trading more than M&A, so focus there. 2.   If you got in at associate level, you would do 1-3 months of training and then get assigned a desk.  Finance going through a tough time right now, so trajectory isn't what it used to be.  Expect to be a VP after 2-4 years, then its all dependent on luck and skill. 3.   If you land a job at a top 15 bank, you should be making total comp of 150k or more after the first year.  Salaries not quite at 150k, but most VPS make over 150k salary, not to mention bigger bonus's.  4.   If you did M&A you would be working very serious hours.  If you go into Sales and Trading your hours will be anywhere from 40 to 60 hours a week depending on the desk.  Trading hours tend to be the shortest. 5.  Boston isn't a hot bed for i-banking finance.  NYC, London, Sing, Hong Kong tend to be the places to be.  I know nobody in Boston that could help.


Is it possible for the card issuing banks to check my score without my permission? As far as I understand these things, that is exactly the whole purpose of these sorts of credit-rating institutions. The banks and other financial businesses are their customers. They exist to serve those customers. Their relationship, if any, with a consumer is probably secondary to that. When you apply for credit, you give that business any permission needed.


In a very similar situation as yours, I bought a used motorcycle for $3000. It was still reasonably new, very reliable, and with California weather, you can use it year-round. It reduced my time in traffic, and it had very low fuel and maintenance costs. The biggest expense was tires. The biggest pitfall in buying a motorcycle is auto-insurance. Do your research and ask for quotes from your broker before even considering a particular model of bike. When I decided that my finances justified a new motorcycle, I was surprised that full collision coverage cost about $3000/year on a lower powered bike that had a bad accident record because it appealed to new riders. I got a much more powerful bike that appealed to more experienced riders and the premium was only $500/year. Is this answer not what you were looking for? Spend as little as you can on a 4-6 year old car. Drive it until you can save enough cash to buy the one you really want. I'm currently driving a 2007 Corolla, and I'm waiting until I can get a new civic turbo with a manual transmission to replace it. (They currently only offer them with a CVT, but next fall they'll have them with the MT, so I'm probably 2 1/2 years out from buying one used.)


Bull. Facebook is exploding overseas, where local knockoff flavors of Facebook have long held dominance, as they improve their internationalization. Even in the US, kids aren't giving up Facebook for other sites, but instead tieing in other sites TO facebook - you can tweet straight from your news feed, you can share your tumblr posts with your friends through facebook. Pinterest doesn't have the same utility as Facebook, but instead only serves a small portion of the features to an even smaller portion of the Facebook user base. And foursquare? Completely different market, I don't know why the author failed to realize that a location sharing app is *completely* different than a social media site. Not only that, but kids will become mayor of a place on Foursquare only so as to brag about it on Facebook!  This article makes the grievous mistake of thinking that just because people visit other sites *besides* Facebook, that this is a sign of Facebook's imminent demise. This is such an overused news subject - the death of facebook, that it's becoming a major cliche. The fact of the matter is, Facebook was grossly over valued on the expectation that they'll continue their exponential growth pattern, but they won't. Facebook will continue to grow and dominate the market because they have the best and the brightest programmers and they really understand their market. Just don't expect them growing like they have in the past five years all over again.


The main difference between a mutual fund and an ETF are how they are bought and sold (from the investors perspective). An ETF is transacted on the open market. This means you normally can't buy partial shares with your initial investment. Having to transact on the open market also means you pay a market price. The market price is always a little bit different from the Net Asset Value (NAV) of the fund. During market hours, the ETF will trade at a premium/discount to the NAV calculated on the previous day. Morningstar's fund analysis will show a graph of the premium/discount to NAV for an ETF. With a mutual fund on the other hand, your investment goes to a fund company, which then grants you shares while under the hood buying the underlying investments. You pay the NAV price and are allowed to buy partial shares. Usually an ETF has a lower expense ratio, but if that's equal and any initial fees/commissions are equal, I would prefer the mutual fund in order to buy partial shares (so your initial investment will be fully invested) and so you don't have to worry about paying premium to NAV


In my opinion the difference is semantic. A professional, or someone wanting to present an air of competence, is more likely to talk about investing in shares, as the word investment carries with it connotations of effort, energy and a worthwhile result. Whereas, the word speculation implies the hope of gain but with the risk of loss.


Meh.  In n Out is cheap, and I know it has pop culture appeal, but their actual food is mediocre at best.  They don't even offer anything unique except very basic burgers with almost no toppings, limp fries, and artificial milkshakes.


Yeah the percentage thing I was a bit unsure of and that totally makes sense. It is a fairly popular place and I would show you more about the company, but I want to stay on the safe side and not broadcast where it is, just in case someone would want to steal this opportunity from me, but anyways...  This company literally has no marketing or advertising and I feel like I could literally double their business with just a good amount of time marketing/advertising. I threw in the percentage idea because I know what I am capable of doing and how much money I could bring to the business. My strategy is to get a good, but fair cut of this deal.  Also to give you a idea how bad it is:  - No Facebook feed for 1 year - No website modification for 2.5 years - No other social media accounts - A 75,000 email list that has not been engaged in 13 months and so much more...


Sebenergy.it is one of the leading ecological multi-fuel boiler companies. Their innovative tecnologies can utilise the solar power  to produce clean and safe ecological multi-fuel boilers. They aim to work with products that safeguard the environment with low impact and high sustainability.


Good read. Also... so true. I've been in this crypto thing since 2014, and it's all manipulation all the time. In both bull and bear markets.  Edit: Whoops, thought I was in r/ethtrader lol, guess I got something to crosspost over there now ;-P


In addition to those who are wealthy (not the same as high income), there are also a certain number of people whose professional livelihood is enhanced by projecting wealth/income they may or may not have. For example, some consultants, lawyers, financial advisors or other salespeople. The same is true of luxury homes for industries where entertaining clients and associates is expected. These people are essentially making an educated bet that the additional sales they expect to make will outweigh the additional expense of the luxury items, similar to purchasing advertising. But in many cases, people are either living beyond their current income, or living beyond their long-term income by failing to save for when they are too old/sick to work. Additionally, many car brands that we traditionally associate with luxury have created mid-priced lines in the $30-40K range recently, so it is possible that some of the cars you are seeing are not as expensive as you might expect.


"> Also, Is it smart to get into about debt for an education as an architect from a private education?  No.  Many more people want to be architects than the market will support.  Some ""rock star"" architects make big money.  Many more work as junior draftsmen, making low wages while filling in detail on designs done by the rock stars.  A private school will cost too damn much."


The big picture is terrible. It is beyond repair. If the FED wants to stand in front of the coming train, then goodbye to the FED. As Bernanke prints more money, credit will deflate even faster! Who would want to lend money to the US government and the US consumer who has already displayed inability to pay. Consumers consume, go into debt and go bankrupt. Only producers prosper. That is not us. Government intervention into free markets to save obsolete industries is delaying the recovery. Instead of getting further into debt, we need to re-align our economy to focus on what works. Our problem was debt to begin with and we are doing more of the same to fix the problem. It won't work. Kondratieff Winter has started!


"I try to think of it as ""present money"" and ""future money.""  Right now there's still plenty of present money(present wealth): crops are growing, there's plenty of rubber steel glass and such being processed, people still need toothpaste, etc.  Stocks go way up when there's expectations in the marketplace for **future** earnings and production (profit).  Debt is issued (read:money is created) when banks and lenders think production and profits will increase in the future.  That future profit is what pays for the debt being issued (money being created) in the present.  They essentially borrow from the future to create money today, in exchange for a chunk of the future profits.    Right now there's so much doom and gloom that everybody thinks future production and future profits will just not be there, so nobody lends, nobody invests, and no money is created, and thus ""money"" just kinda disappears.    At least that's how I think about it.  Present wealth vs expectations of future wealth.  I'm probably wrong though; this stuff gives me a headache."


Banks that use this amazing ClearXChange service: BOA, Capitol One, Chase, 1st Bank, Frost, US Bank and Wells Fargo I have Wells Fargo. There is a tab for SurePay. I had an option to register my phone number and/or email for this service. I wasn't automatically setup.


>I couldn’t know it then, but the outcome of that battle would influence the purchase decisions of many thousands, if not millions, of people seeking a good night’s sleep. It would also reveal just how thoroughly the internet and the businesses that thrived there had blurred the lines between product reviews and advertisements. All I’d wanted was a mattress, but what I got was a look at a little-known and hugely lucrative annex of e-commerce, one where the relationships can often get a little too comfy—until they’re not.


"This is the best tl;dr I could make, [original](https://insideclimatenews.org/news/31052017/carbon-price-paris-climate-agreement-economists-stern-stiglitz) reduced by 89%. (I'm a bot) ***** > Issued a report that puts a figure to the price on carbon needed to reduce emissions to rein in climate change and compensate for those external costs.  > The report says, governments may need to pair a carbon price with other policies, such as efficiency standards, to lower emissions fast enough to keep global temperature rise well below 2 degrees Celsius, the goal of the Paris climate agreement.  > Last year, Canadian Prime Minister Justin Trudeau announced plans to implement a national carbon price that he said would help the country meet its targets under the Paris accord.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6h5hz5/top_economists_40_carbon_price_needed_to_meet/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~143675 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **price**^#1 **carbon**^#2 **implement**^#3 **emissions**^#4 **year**^#5"


Look at my link. You are 100% correct, except for about four of the reviews. Those four each have someone with more than one friend and more than one review. Again, you could potentially (knowing the social graph) get a situation like this to occur with astroturfing, but it's far less likely.  That having been said, look at Monica A. Explain to me how she got filtered. She's the one gigantic red flag that shows that Yelp is intentionally stuffing this business.  I have a decent Yelp score (have a lot of reviews and friends) and have always wondered what would happen if I were to review this business. I won't, since I haven't used them, but I'd love to know whether my review would be Monica-ed.


"What a scumbag. This is the same guy who lied about being a Vietnam vet too, and is one of the biggest liars in Congress spreading the ""muh Russia"" conspiracy theory re: 2016 election. I wish I could say that I'm shocked that he would lash out at hardworking business owners like myself, but sadly I'm not."


Rich's answer captures the basic essence of short selling with example. I'd like to add these additional points: You typically need a specially-privileged brokerage account to perform short selling.  If you didn't request short selling when you opened your account, odds are good you don't have it, and that's good because it's not something most people should ever consider doing.  Short selling is an advanced trading strategy.  Be sure you truly grok selling short before doing it. Consider that when buying stock (a.k.a. going long or taking a long position, in contrast to short) then your potential loss as a buyer is limited (i.e. stock goes to zero) and your potential gain unlimited (stock keeps going up, if you're lucky!)   Whereas, with short selling, it's reversed: Your loss can be unlimited (stock keeps going up, if you're unlucky!) and your potential gain is limited (i.e. stock goes to zero.)   The proceeds you receive from a short sale – and then some – need to stay in your account to offset the short position.  Brokers require this.  Typically, margin equivalent to 150% the market value of the shares sold short must be maintained in the account while the short position is open. The owner of the borrowed shares is still expecting his dividends, if any.  You are responsible for covering the cost of those dividends out of your own pocket.  To close or cover your short position, you initiate a buy to cover.  This is simply a buy order with the intention that it will close out your matching short position.   You may be forced to cover your short position before you want to and when it is to your disadvantage!  Even if you have sufficient margin available to cover your short, there are cases when lenders need their shares back.  If too many short sellers are forced to close out positions at the same time, they push up demand for the stock, increasing price and deepening their losses.  When this happens, it's called a short squeeze. In the eyes of the public who mostly go long buying stock, short sellers are often reviled. However, some people and many short sellers believe they are providing balance to the market and preventing it sometimes from getting ahead of itself. [Disambiguation: A short sale in the stock market is not related to the real estate concept of a short sale, which is when a property owner sells his property for less than he owes the bank.] Additional references:


Nobody would goto SeaWorld if they didn't have whale/dolphin shows.  That just the bottom line of reality, 90% of people goto sea world because their kids want to sit in splash zone and see whales and dolphins jump around.   If peoples kids don't want to goto SeaWorld anymore they can go out on a date or something instead with that money.   If they dropped the Orca shows, a bunch of hippie environmentalists that wouldn't be caught dead in a Sea Park would be really happy and keep not going to seaworld, while the thousands of children that basically keep their business afloat would rapidly loose interest and they would have to just become another SixFlags 2 hours away from a bigger, better six flags.  I don't like the Orca shows anymore than you do, but if 2 or 3 whales living in sub-optimal conditions helps keep marine science research and development afloat I think it's worth it even if their conditions where 5x shittier.    Seriously nobody cares about 100's of thousands of starving children or the million people kept in a shittier tank in Gaza, but some uncomfortable whales that almost single-handily keep funding up for projects that are saving millions of sea creatures are a huge deal.   Edit: Downvote me all you want, it doesn't make it less true that 90% of their visitors couldn't give a single fuck about Orca conditions...


I can see it doing well enough if they want to chase the NES Classic's success. I remember having a great time in 2004 with my family playing a little Atari plug and play controller bundled with a few hits.


I'm also a UK, Ltd company contractor that has pondered the same topic. I afraid, however, that I don't understand the maths in the original question. Mortgage interest is flat for the term of the mortgage rather than compounded, so, ignoring the tapering at the end of the lifespan of the mortgage, I get the amount of interest to something like £9,300 (7500 x 0.05 x 25). Does this make the decision any easier for you? As you point out, the total cost of this overpayment from your company account is £12,500. Using the above figure, it would take over 13 years to recoup the £5,000 difference (at £375 interest a year).  I used to be of the same opinion that the mortgage should be paid off at all costs first. But now I'm coming round to the American way of thinking; £12,500 invested in a pension with a 5% yield will easily outstrip the interest saved by making the over payment - 12500 x 1.05 ^ 25 = £43,300 - over 250% better off (£43,300 / (£9,300 + £7,500)). I now make no mortgage overpayments at all and instead pay all the money into my pension. This (amongst other things) keeps me below the upper earnings tax threshold, so I'm only paying corporation tax for the money I'm drawing as dividends. There's a massive caveat to this though; I'm 49. I should be able to draw the tax free element of my pension pot in six years time and pay my mortgage off and it's quite unlikely that the government will be changing pensions policy in that time (but drawing 25% tax free has been a feature of pensions for quite some time). I can then chose to keep working or retire. If my pension is still doing well (9% ish pa at the moment), I could chose to not pay my mortgage off at all. In the next twenty or so years, however, all this could change. In your position I would do a bit of both. Make a regular overpayment to pay down your mortgage (even a small amount that you'll barely notice will make quite a difference to the end date of your mortgage - £100 a month will take years off). I didn't start paying properly into my pension until fairly recently and so If you're not already, I'd also make quite substantial, regular payments into one now, directly from your company, 15-17.5% of your gross drawings. Leaving it until later will only make it more painful. Then when you get to retirement age, no matter what, you'll have a decent pension pot. An actuary I worked with pointed out that if you pay something into a pension, when you retire you should have some sort of pot; if you pay nothing, you are absolutely guaranteed to have nothing. And finally, if you haven't already, fix your mortgage. We're three years into a five year fix. The variable rate we were going to be transferred to was 3.99%. We fixed, not because of wanting any sense of security, but because the fixed rate was 2.59% with no fee. There are much better rates than that about now. Rates are starting to rise, so it's a good time.


I don't know about an actual example now, but in the past, India had restrictions on how much gold you could bring into the country from abroad, and there were heavy customs duties. Thus, gold smuggling was a huge business, because by avoiding the duties, people could stand to make a lot of money. At some point in 90s, India made changes in these laws so that smuggling was not as profitable.


Article was about insurers not liking the uncertainty. Some insurers want Obamacare repealed, some of them want it to stay. But they all don't want to political climate of uncertainty. A situation where people wouldn't be mandated to buy insurance because they don't fear the IRS actually requiring them, but where the actual regulations haven't been changed yet is a nightmare for insurers.


A good idea is try use your weekends to develop your business/plans at first. Most business startups don't boom overnight, it takes time to build.  Dont quit your job, that is revenue you can build your business with.  The most important thing is to have a sound business plan, not too ambitious, not too realistic.


Your account entries are generally correct, but do note that the last transaction is a mixture of the balance sheet and income statement.  If Quickbooks doesn't do this automatically then the expense must be manually removed from the balance sheet. The expense should be recognized on the balance sheet and income statement when it accrues, and it accrues when the prepaid rent is extinguished when consumed by the landlord, so that is when the second entry in your question should be booked. The cash flow statement will reflect all of these cash transactions immediately.


QE is artificial demand for bonds, but as always when there are more buyers than sellers the price of anything goes up. When QE ends the price of bonds will fall because everyone will know that the biggest buyer in the market is no longer there.  So price of bonds will fall. And therefore the interest rate on new bonds must increase to match the total return available to buyers in the secondary market.


There were and are a ton of talented people. A lot of talented people have come and gone. But a ridiculous amounts of projects and partnerships were put forward throughout the 90s. They failed on a number of fronts. Talk to older guys, they saw everything coming, management just didn't agree from wayyyy back.


I've heard this story over and over.  It's heartbreaking to hear of people (men and women) who slave to start a company, scrape together the wherewithal to take on 2 or 3 employees, back up the payroll from their own personal money when times are tough and then.. just get stabbed fully in the back by women who milk every last minute out of their entitlement before not coming back.  I know they aren't interested in the business and I accept that their first priority is the child.  But that doesn't make it any easier on the business owner.  Would you take on somebody if you seriously thought this was going to happen?  Would any small enterprise ever hire anyone?  Equality is a nice idea but it will stifle small and slow growing businesses to the point where the only way to get started will be to take a big loan.  And that is not in the interests of the economy at large.  There should be a second class of job, which you as a company have to fulfill certain requirements to offer.  Low turnover (not profit) for example, maybe under 5 employees too.  Basically, a company with little reserve with which to deal with an uncertain absence of a large percentage of its workforce.  This second class job should carry with it either a waiver on the sexism discrimination policy (although this is completely insane and unfair to women who aren't interested in babies), a waiver on the ability to dismiss people for falling pregnant (which we kind of have in the UK given that in theory there's no unfair dismissal if it's in the first two years, although woe betide anyone who tries this out and immediately hires a man) or - and here's a wacky fucking idea - *some kind of increased government support in the case of pregnancy*.  Stifling small companies by forcing them into penury just because someone wants to have a baby - arguably the most natural thing in the world - is in nobody's interests.


"Thanks for quoting the ""meat"" of the article (I agree with the GP, *I* didn't have the patience to make it to page 2), but this ""meat"" is still textured flavored soy protein...  > Well, one of the reasons there's no place to invest the cash is that wages as a percentage of GDP have fallen by so much that workers can't afford to buy anything any more.  *What*???  This manages to be both circular *and* wrong on multiple levels!  ""Our workers can't afford our product so we can't spend all this cash rolling in on them"".  > We kept profits to a minimum, because if we had high profits, we would have to pay high taxes. So at every opportunity, we bought another machine or we opened another plant or we hired more people, to try to build long term value through expansion because that was the way you avoided tax.  Ah, ""Daddy had the luxury of operating in a non-saturated market"".  Meanwhile, Google, Apple, and Microsoft piss away money as fast as they can on all sorts of basic research, and yet *still* have massive stockpiles.  But then, I think that touches on the *real* problem with Hanauer's point - It's just plain *false*.  We live in a world where the governments have become so dysfunctional that private industry is now funding things like space exploration, energy policy, education, transportation."


tl;dr- libor plus a small (<50bps) spread for S&P500 exposure. larger spread for less liquid/ more esoteric index.   a swap is basically just outsourcing balance sheet to a dealer bank. the counterparty (dealer) is shorting you (the fund) the return of the index. to hedge their short, the dealer would borrow funds and buy the stocks in the index. large dealer banks can borrow at basically libor. they'll also expect compensation for the transaction costs of buying the hedge plus a profit on the (small amount) of capital they need to finance this transaction. this will vary based on the size of the portfolio.   s&p500 costs maybe 5bps in transaction cost. an EM index costs maybe 50bps. so it will depend on the index.  profit to the dealer depends on supply/demand dynamics. sometimes this transaction will be in demand, sometimes the short side will be more valuable.   so it depends on the index you're talking about as well as market dynamics. right now for s&p500 exposure, not more than libor plus 50 for a mid-sized fund.


Look at your options with a 529 program. If the money is used for education expenses: that currently includes tuition, room & board (even if living off campus), books, transportation; it grows tax free. Earnings are not subject to federal tax and generally not subject to   state tax when used for the qualified education expenses of the   designated beneficiary, such as tuition, fees, books, as well as room   and board. Contributions to a 529 plan, however, are not deductible. If it is a 529 associated with your state you can also save on state taxes. You can make contributions on a regular basis, or ad hoc. Accounts can even be setup by other relatives. I have used a 529 to fund two kids education. It takes care of most of your education expenses.  529 programs are available from most states, and even some of the big mutual fund companies. Many have the option of shifting the risk level of the investments to be more conservative as the kids hit high school.  Some states have an option to have you pay  a large sum when the child is small to buy semesters of college. The deal is worth considering if you know they will be going to a state school, the deal is less good if they will go out of state or to a private college.  The IRS does limit the maximum amount that you can contribute in a year an amount that exceeds the 14,000 annual gift limit: If in 2014, you contributed more than $14,000 to a Qualified Tuition   Plan (QTP) on behalf of any one person, you may elect to treat up to   $70,000 of the contribution for that person as if you had made it   ratably over a 5-year period. The election allows you to apply the   annual exclusion to a portion of the contribution in each of the 5   years, beginning in 2014. You can make this election for as many   separate people as you made QTP contributions One option at the end is to take any extra money at graduation and give it to the child so that it can be used for graduate school, or if the taxes and penalties are paid it can be used for that first car. It can even be rolled over to another relative.


From my experience and friends' experiences, I can say that there are advantages and disadvantages for paying off your mortgage quickly. Basically, it depends on these factors: the type of the mortgage, its interest rate, your financial stability, your skills in making investments and other outside factors, such as inflation, liquidity, oppurtunity cost, etc. Paying it off means you save on interest ratings, you decrease investment risks and your investment rates are taxable. Disadvantages are that you cannot use this money for investing, you cannot use this money for tax deductions and that in a state of inflation, not paying it off in advance could save you a lot of money.  However, I always recommend to read some more on websites that deal with mortgages, and speak with the mortgage expert in your bank.Just acquire enough information to make a good assessment. An interesting article on this topic - The Advantages and Disadvantages of Paying Off Your Mortgage


DeFuniak Springs Bradshaw`s Painting are very professional and efficient and did a great job making sure every detail of the paint job was done to our satisfaction. I would recommend them to anyone who needs some painting work done on their home or business.


Sorry - maybe the reddit has gotten to me. /r/politics is like the Third International in its nonsensical raving about how awful business is.  I agree, I like cute little bookstores too, but to be honest, I actually buy more on Amazon...


"In 2007, Samsung was accused, and their chairman implicated, in a bribery scandal involving US officials. They placed their lawyers in front of it as scapegoats.  But you go ahead and keep saying that bribery and dishonesty pay, and i'll just never do business with you.   In 2007, former Samsung chief lawyer Kim Yong Chul claimed that he was involved in bribing and fabricating evidence on behalf of the group's chairman Lee Kun-hee and the company. Kim said that Samsung lawyers trained executives to serve as scapegoats in a ""fabricated scenario"" to protect Lee, even though those executives were not involved. Kim also told the media that he was ""sidelined"" by Samsung after he refused to pay a $3.3 million bribe to the U.S. Federal District Court judge presiding over a case where two of their executives were found guilty on charges related to memory chip price fixing. Kim revealed that the company had raised a large amount of secret funds through bank accounts illegally opened under the names of up to 1,000 Samsung executives—under his own name, four accounts were opened to manage 5 billion won."


If you are thinking about shifting, then you should know that it can be stressful. We can be helpful for you. So, if you are looking for a smart and affordable packers and movers in Gurgaon then take our service. Here, we offer a packing service by using the advanced


"The answer is ""Yes"", You can deduct them. As long as you showed that you put in effort to make a profit then you can deduct business expenses."


According to this page on their website (http://www.kotaksecurities.com/internationaleq/homepage.htm), Kotak Securities is one big-name Indian broker that offers an international equities account to its Indian customers.  Presumably, they should be able to answer all your questions. Since this is a competitive market, one can assume that others like ICICI Direct must also be doing so.


It is a bit more complicated than whether it pays more or less dividends. You should make your decision based on how well the company is performing both fundamentally and technically. Concentrating mainly on the fundamental performance for this question, most good and healthy companies make enough profits to both pay out dividends and invest back into the company to keep growing the company and profits. In fact a good indication of a well performing company is when their dividend per share and earnings per share are both growing each year and the dividends per share are less than the earnings per share (that way you know dividends are being paid out from new profits and not existing cash holdings). This information can give you an indication of both a stable and growing company. I would rather invest in a company that pays little or no dividends but is increasing profits and growing year after year than a company that pays higher dividends but its profits are decreasing year after year. How long will the company continue to pay dividends for, if it starts making less and less profits to pay them with? You should never invest in a company solely because they pay dividends, if you do you will end up losing money. It is no use making $1 in dividends if you lose $2+ because the share price drops. The annual returns from dividends are often between 1% and 6%, and, in some cases, up to 10%. However, annual returns from capital gains can be 20%, 50%, 100% or more for a stable and growing company.


There's no reason for a chargeback, and you might get charged a fee for invalid chargeback or even sued by the insurance company. You need to always read the contract and see what the auto-renew policy is and what the local law on the issue is. It might be that you in fact approved that charge. In any case, since they agreed to refund, and within a reasonable period of time, your chargeback will be invalid. It is likely that by the time the chargeback is even processed by the bank, the refund will be there already.


popularity that you are referring to is just known as liquidity when discussing markets. More liquid securities tend to trade more shares per day and have very tight bid/ask spreads as many investors are buying and selling the shares at one time.  Some larger securities, especially on exchanges, further enhance liquidity by providing market makers. These are individuals on the NYSE, for example, that will make the market in large securities by handling large orders and providing liquidity through their own book of capital. The individuals on the floor on the NYSE you often see on TV are those market makers. However, as trading becomes more electronic, market markers are becoming less and less required.  A previous comment suggested pink sheets are risky companies. This is not entirely factual. While the majority of pink sheets are very highly risky companies, many very solid international companies trade their ADRs (American Depository Receipt) on the pink sheets to avoid the high cost of setting up a large exchange at the NYSE and register and report through the SEC.  As a TD Ameritrade user, I would be willing to help you out if you have any other questions.


This is true, but Netflix also pays about 20% over market rate (or so I've heard from people who've worked there).  The idea is that you go there, make good money, burn out, and leverage that into your next gig, of which you'll have ample choice.  That's the idea at least, not sure how it works out in practice.


Rich people do have money just lying around.  Give a rich person money and it will, what?  Go into savings of some sort.  The wealthy ideally put their money into rent-creating things, which is awesome for them and less awesome for the rest of us, as it gives them money without producing anythig else for the rest of us.  The ultimate rentier is someone like Mitt Romney, that stripped corporations of their assets and stripped future pensioners of their pensions all to put money  in his and his investors' pockets.  All these cool bubbles, also driven by too large of pools of money lying around.  Currently, we're witnessing the popping of the latest oil bubble.  But, commodity speculation of all types has been something of a major problem lately because of exactly this.  Too much money in too few hands.


I agree. I have acquaintances that have thrown away shipping containers of shirts for events that they ended up not getting the contract for and had to dispose of the merchandise for copyright issues. These events are often print first, decide legality or find a buyer second.


"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-05-25/investors-say-it-s-time-to-price-climate-into-cities-bond-risks) reduced by 95%. (I'm a bot) ***** > Municipal defaults are rare: Moody&#039;s reports fewer than 100 defaults by municipal borrowers it rated between 1970 and 2014.  > Kurt Forsgren, a managing director at S&P, said its municipal ratings remain &quot;Largely driven by financial performance.&quot; He said the company was looking for ways to account for climate change in ratings, including through a city&#039;s ability to access insurance.  > Laskey, of Fitch, was skeptical that rating companies could or should account for climate risk in municipal ratings.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejcgp/rising_seas_may_wipe_out_these_jersey_towns_but/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~133538 tl;drs so far."") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **rated**^#1 **climate**^#2 **risk**^#3 **bond**^#4 **change**^#5"


Online payment service providers should allow you to agree to payments from customers and secure your company against scams. To fight against innovative scammers, you need to take additional safety measures in defending your business. Improving your payment security should be a concern to website associated with scams


You decide on a cost bases attribution yourself, per transaction (except for averaging for mutual funds, which if I remember correctly applies to all the positions). It is not a decision your broker makes. Broker only needs to know what you've decided to report it to the IRS on 1099, but if the broker reported wrong basis (because you didn't update your account settings properly, or for whatever else reason) you can always correct it on form 8949 (columns f/g).


The prices we pay for goods and services is set by our level of income because we have a huge choice of price levels from luxury to economy class and DIY. This was true of rent and mortgage payments before the real estate bubble. There is still some choice though from a tiny house or trailer to a mansion. None of these are one set demand decided by someone else as with land value tax. Many people like where they live and want to stay there. Those people create a cross generational community. Land and homes must be affordable and we should have as much freedom about what we do with our homes as possible.


Totally agree but that's not the public perception.  Most people still think buying a Prius over a Fiesta is saving the world.  Again, my point that most people who buy these kinds of cars aren't doing it for the virtuous reasons.


If you cut taxes on the 1% highest earners, that incentivizes everyone else to become high earners! Since all that's needed to enter the 1% is to become wildly successful upon the backs of others, we can expect that between 48 and 49% of the country to become 1% of the top earners with these and other incentives.  All people really needed was additional incentives to becoming rich beyond their wildest dreams!


The common opinion is an oversimplification at best. The problem with buying a house using cash is that it may leave you cash-poor, forcing you to take out a home equity loan at some point... which may be at a higher rate than the mortgage would have been. On the other hand, knowing that you have no obligation to a lender is quite nice, and many folks prefer eliminating that source of stress. IF you can get a mortgage at a sufficiently low rate, using it to leverage an investment is not a bad strategy. Average historical return on the stock market is around 8%, so any mortgage rate lower than that is a relatively good bet and a rate MUCH lower (as now) is that much better a bet. There is, of course, some risk involved and the obligation to make mortgage payments, and your actual return is reduced by what you're paying on the mortage... but it's still a pretty good deal. As far as investment vehicles: The same answers apply as always. You want a rate of return higher than what you're paying on the mortgage, preferably market rate of return or better. CDs won't do it, as you've found. You're going to have to increase the risk to increase the return. That does mean picking and maintaining a diversified balance of investments and investment types. Working with index funds makes diversifying within a type easy, but you're probably going to want both stocks and bonds, rebalancing between them when they drift too far from your desired mix.  My own investments are a specific mix with one each of bond fund, large cap fund, small cap fund, REIT, and international fund. Bonds are the biggest part of that, since they're lowest risk, but the others play a greater part in producing returns on the investments. The exact mix that would be optimal for you depends on your risk tolerance (I'm classified as a moderately aggressive investor), the time horizon you're looking at before you may be forced to pull money back out of the investments, and some matters of personal taste. I've been averaging about 10%, but I had the luxury of being able to ride out the depression and indeed invest during it. Against that, my mortgage is under 4% interest rate, and is for less than 80% of the purchase price so I didn't need to pay the surcharge for mortgage insurance. In fact, I borrowed only half the cost of the house and paid the rest in cash, specifically because leveraging does involve some risk and this was the level of risk I was comfortable with. I also set the duration of the loan so it will be paid off at about the same time I expect to retire. Again, that's very much a personal judgement. If you need specific advice, it's worth finding a financial counselor and having them help you run the numbers. Do NOT go with someone associated with an investment house; they're going to be biased toward whatever produces the most income for them. Select someone who is strictly an advisor; they may cost you a bit more but they're more likely to give you useful advice. Don't take my word for any of this. I know enough to know how little I know. But hopefully I've given you some insight into what the issues are and what questions you need to ask, and answer, before making your decisions.


"Ok, now if someone could explain to my why Argentina didn't do the following:  * Set out a schedule of payments for the 100% of the debt, and pay everybody (Mr. Singer included);  * When they hit the haircut % amount, declare ""default"".  The parties that had agreed to the haircut would be fine, as they had already agreed to the haircut.   Mr. Singer would be left out to dry for the rest of the money, due to the default.   It would technically count as a default, but only the vulture-funds would experience the actual default, and so the markets would see that haircuts for the majority actually apply for everybody, and henceforth encouraging all bond-holders to negotiate hair-cuts rather than encourage vultures to buy nonds for a nickle and demand the full dollar."


Also mediocre selection of most products.  I for one, want high end items.  I go to Best Buy and always have to settle with high marked up middle of the road times (in most of my personal experiences).  There is great value in having local stock, but if I can wait 2 days for shipping, not have to travel 15+ miles to a Best Buy, I am happy to order online.


Some of the farms have silos here as well, but as you say, the capital costs are prohibitive. Instead we tend to wrap it with plastics and let it lie on the field: http://www.flickr.com/photos/dkagedal/4949361930/ (the phenomena is popularily called 'tractor eggs'. I guess you can see why..). There is still a capital outlay but it is cheaper (at least in the short run) compared to silos.   However, I agree that there might not be much use doing it if the cows can feed themselves outdoors during most of the year.