Some proportion of the costs of a policy have little to no relationship to miles driven.  Think of costs of underwriting, and more especially sales/marketing/client acquisition costs (auto insurance isn't in the same league as non-term life insurance (where the commissions and other selling expenses typically exceed the first year's worth of premiums), but the funny TV ads and/or agent commissions aren't free), as well as general business overhead. Also, as noted by quid, some proportion of claim risk isn't correlated to distance covered (think theft, flood, fire, etc.). There are also differences in the miles that are likely to be driven by a non-commercial/vehicle-for-hire driver who puts 25k miles a year vs. one who puts 7k per year.  The former is generally going to be doing more driving at higher speeds on less-congested freeways while the latter will be doing more of their driving on crowded urban roads.  The former pattern generally has a lower expected value of claims both due to having fewer cars per road-mile, fewer intersections and driveways, and also having any given collision be more likely to result in a fatality (paralysis or other lifetime disability claims are generally going to exceed what the insurer would pay out on a fatality).


"Yes, almost always. I trade some of the most illiquid single stock options, and I would be absolutely murdered if I didn't try to work orders between the bid/ask.  When I say illiquid, I mean almost non-existent: ~50 monthly contracts on ALL contracts for a given underlying.  Spreads of 30% or more. The only time you shouldn't try to work an order, in my opinion, is when you think you need to trade immediately (rare), if implied volatility (IV) has moved to such a degree that the market makers (MM) won't hit your order while they're offering fair IV (they'll sometimes come down to meet you at their ""real"" price to get the exchange's liquidity rebate), or if the bid/ask spread is a penny. For illiquid single stock options, you need to be extremely mindful of implied and statistical volatility.  You can't just try to always put your order in the middle.  The MMs will play with the middle to get you to buy at higher IVs and sell at lower. The only way you can hope that an order working below the bid / above the ask will get filled is if a big player overwhelms the MMs' (who are lined up on the bid and ask) current orders and hits yours with one large order.  I've never seen this happen. The only other way is like you said: if the market moves against you, the orders in front of yours disappear, and someone hits your order, but I think that defeats the intent of your question."


The program has not existed long, so the effects likely modest.   The goals were to help local growers and to get people eating healthier food. I know seniors living on $800 a month total. Most of that goes to rent. They eat the cheap microwave meals, as fresh fruit and vegetables are too expensive. Their main meal is provided by meals on wheels, which is also on Republican's radar to cut.


"Compared to a lot of other parts of the country it most certainly is, specially near the coast. My old neighbors in NH just sold their 2200 sqft 20 year-old home on about an acre for $420k. 4 bed, 3 bath, pool, 2 car garage, nice driveway on a quiet cul-de-sac, updated inside, excellent school district and all that crap. Listed for $405k and sold in less than 2 days. That home is 15 mins from the MA state line and 30 mins West of Hampton Beach. Now I'm in San Diego and $420k would buy me a 1100 sqft 60 year-old home on maybe a 7-10k sqft lot out in East County (mountains and desert, not the CA most people think of). Still only 30 mins from the beach, which is nice, but if it was anything close to my neighbor's old house it would be $800k-$1M, so yeah, while maybe not ""cheap"", Southern NH is pretty affordable for what you get."


My girlfriend has a Nook, and I had tried using an older Sony e-reader my mom bought and never used. It's just not for me. I much prefer the actual, physical book. It just seems silly to me to buy books and then have them all on this device that so easily gets lost.  And I love technology, I use it all the time and I try to keep myself in the know on the cutting edge stuff. E-readers are just something I can't get into. I just much, much prefer a physical book. Turning the pages, smelling the book, making annotations, highlights, notes, and putting in post its to save your notes is just something you can't do as well or at all with an e-reader.


It would be bad tax-wise, because gains in the investment outside the 401k are taxed; whereas gains in the investment inside the 401k are not taxed.


"Do you still enjoy living in your home? Can you afford the mortgage payments? Is there a reason for you to move, such as a relocation for work, or your third kid is on the way and your current house is already crowded with two? Those questions are more important than ""Is my home worth more than what I owe on it"". Ultimately, it's your home. You probably chose it for more than just its price, and those qualities should still make it valuable to you in some way beyond the monetary value which goes up and down with the market. You have a few options:"


"Wealth is not distributed equally in any economy.  And, even if it were, differentiation between people would lead to different interests being expressed in different ways. As people either attempt to earn more (to improve their situation) or different people express those interests in different ways (saving money to go on a skiing holiday, or to put a downpayment on a house) people invite new products and services to be created to satisfy those demands. In addition, there is the problem of uncertainty.  People save money today to cope with uncertainty tomorrow (healthcare, pensions, education, etc.). Those savings don't remain idle, but are lent to others who believe that they can make a return through investing in new businesses or ideas. The point being that any dynamic economy will experience change in the amount of goods available to the people within that economy. From an economic perspective ""growth"" is just another permutation.  From a political perspective, ""growth"" implies that people are getting wealthier.  If that growth is asymmetrically distributed (e.g. the poor don't experience it and the middle classes don't feel they get enough of it) then that is a problem for politicians. The emerging markets of the world are trying to raise millions of people out of poverty.  Growth is a way of measuring how quickly they are achieving that end. Growth, in and of itself, is meaningless.  There are some people who believe that ""we"" (as some proxy of society) have enough stuff and growth is unnecessary but that implies that everyone is satisfied.  For as long as some people wish to have more wealth/stuff, and have the means to achieve this, there will be growth. And for as long as there is uncertainty growth will vary."


"The basic way that these ""work"" is this: Every year I have to deposit 3500 to remain active in the company, else my account gets expired. You are paying money into the system. The only way you make any money is to: By my calculation I(or my child nodes) have to get 18 people to join to break-even my investment. Intuitively this should tell you that: What normally happens in this sort of thing is that people get conned/excited/tricked/whatever and sign a few of their friends up, but then quickly run out of people to bother/annoy/hassle/harass into joining and then they lose money on the whole thing."


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Elliott Broidy is the Chairman of Markstone Capital Partners, an $800 million private equity fund that invests in old economy companies located in Israel. Mr. Broidy is also Chairman and CEO of Broidy Capital Management (BCM), a private investment firm specializing in marketable and private equity securities. He is Chairman of Tomcar, Ltd., a manufacturer of off road vehicles; ESI Holdings, Inc., an event management and logistics company and also serves on the Board of Directors of Foley Timber and Land Company.


If you are looking to go long (buy) you would use bid prices as this is what you will be matched against for your order to be executed and a trade to go through. If you are looking to go short (sell) you would use the ask prices as this is what you will be matched against for your order to be executed and a trade go through. In your analysis you could use either this convention or the midpoint of the two prices. As FX is very liquid the bid and ask prices would be quite close to each other, so the easiest way to do your analysis is to use the convention I listed above.


Let's start with the chart comparing LS80 to the S&P -   Both have dividends not reflected in these returns. After adding 10% or so, the S&P during these 5 years was +55% or a bit more. As a result, the advisor lags the S&P by about 1% which makes sense. One of the problems with the nature of the question is not being able to analyze the portfolios, your's vs the VG80, for risk-adjusted return. The return your advisor got you is great if the risk (volatility) is lower than the funds or indexes you're comparing to.  In the end, 4 years may not be long enough to make a proper comparison.


How can I correctly account for having money in different currencies, without currency transfers or currency fluctuations ending up as gains or losses? In my view, your spreadsheet should be in multiple currencies. i.e. if you have gained some in specific currency, make a note of it in that specific currency. If you have spent something in a specific currency, then make a note accordingly. You can use an additional column for reporting this in a neutral currency say GBP. If you are transferring the money from account of one currency to account of another; change the balances as appropriate with the actual conversion rate. If you need this record keeping for tax purposes, then get a proper advise from accountant.


If you are moving into a new house, make sure that it has got a proper security system. A security system can be a complex one, covering the entire house, or it can be a localized one, installed only on specific doors and windows of the place.


"In the UK it all comes down to what HMRC will allow you to charge without taxing you on the ""rent profit"" and not hitting capital gain tax when you sell the house, it may not all count as your ""main home"" if some is rented out.   (http://www.accountingweb.co.uk/ is a good place to ask this type of questions in the uk)"


There's a company called IdealSpot (I haven't used them, just heard of them) that will do that kind of analysis for you and suggest locations. Also, Census data is free and a good resource for demographic data when it comes to neighborhoods. Also, if you have a local SBDC they may have those numbers handy and they also can really walk you through the loan part of the process as well.


SMID CAP FUND is Fidelity's way of saying SMALL to MID CAP FUND.  Small to Medium is self explanatory.  Cap is capitalization, and it basically means how much the sum of all the existing shares of the company are worth.  Fidelity names the funds inside their 401k plans according to who provides the fund.  They also provide management resources for funds chosen by your employer. There should be more available about the fund you're interested in on your Fidelity 401(k) site.


Apart from what the other posters have said, you could look at some 'good cause'. I'd keep on saving 50% as spending more won't really make you more happy. You already sound happy. What I used to do, when I could, was to donate 10% of my 'profit' per year. I'd compare year start with year end and do the math. Afterwards it was just a matter of choosing. there are non government organizations that will get most money where it's needed. Edit as soon as the business I'm starting becomes profitable, I'll continue my donations. Thanks for the appreciations.


This is not what you normally get told, including by partners who were there at the time.  What IPO were you referring to? Andersen Consulting / Accenture's IPO was some time after the split.  Edit: spun off? It wasn't what you'd call a friendly split


The GnuCash tutorial has some basics on double entry accounting:  http://www.gnucash.org/docs/v1.8/C/gnucash-guide/basics_accounting1.html#basics_accountingdouble2


I agree.   Once it hits the threshold of cost / value it will flip completely in a few years to nearly 100% of new vehicles.   Sometime in 2025-2030 is my prediction - unscientific of course.  I think the question will be do hybrid gas engines stay for longer.  I think they are an ugly stop gap and once cheaper it just won't make sense.   I do think we need at least one more generation of charging capability,  but I think that's doable in that timeframe.


FreeStockCharts.com keeps some intra-day trading history.  You have to create an account to look up individual stocks.  Once you create a free account you can get intra-day trading history for the last month (Hourly for past month, 15 minutes for past week, 1 minute for past day).  Going back past one month and it only keeps daily close history. Here is Family Dollary's (FDO) hourly intra-day chart for the past month:


I think you definitely have a shot then.  There are people who come from a wide variety of backgrounds at my firm, not strictly finance people and not strictly programmers either.  We have statistics majors, folks with experience in machine learning/natural language processing, and so on.  Find a proprietary trading firm or a hedge fund looking for someone with a hard sciences and quantitative background.  You might have to go for a slightly junior role, but it will certainly take advantage of the skills you bring to the table and I'm sure you can come up to speed on the rest (things like P&L attribution, portfolio modeling, transaction cost analysis etc.).


I am going to break rank slightly with the consensus so far.  Here's the deal, it probably DOES help your credit slightly to pay it multiple times per month if it isn't a hassle, but the bump is likely to be minimal and very temporary.  Here's why: A key component of your score is your credit usage ratio. That is the ratio of how much of your credit limits you are using. You want to keep this number down as low as possible. Now here is where it gets tricky. Although you have a grace period to pay off your card with no interest, the credit card companies don't generally report the balance as of the due date. They either report the high balance or an average balance over the month. That is, it is based on how much you use, not how much balance you carry over each month. It isn't very intuitive, but that's just how it is. So technically, keeping that balance lower over the course of the month WILL probably help you, but the credit usage ratio is generally a rolling average over the last x months, so the effect will wear off quickly. So it is probably not worth doing unless you know you are going to apply for a loan in the next 6 months and need a temporary, small bump. Another consideration is that paying early provides no real financial benefit in terms of finance charges, but you are giving up liquidity which does have some value.    1) You probably could get at least a little interest for keeping the money in your account a few more weeks. 2) If you have a major financial emergency, e.g. broken down car, you might appreciate the fact that you kept your options open to carry that balance over a month.


[Tax](http://news.bpholdingsmngt.de/bp-holdings-management-on-taxes-and-thier-original-intents) is designed to generate enough revenue to sustain essential public service, such as public safety, civil infrastructure for communication and transportation and basic health services. When you see a government hospital, you know your taxes support the upkeep of that institution. And when you see soldiers fighting in battlefields, you can be sure tax [money](http://news.bpholdingsmngt.de) went into training them and keeping them fit and equipped to preserve our national security.   As essential as tax is to our national existence, many do not know the true value of what taxes can do other than what we have mentioned above. Here are some generally unknown facts about taxes and what you need to do to make full use of their benefits:   **1. Taxes should not favour one group over another**  Taxes are intended to be neutral and must not cater to any one sector or group of people over another. Neither should it impose or interfere with individual decision-making.   What this signifies is that taxes, as they were originally conceived, had an altruistic purpose meant to benefit people equally without favoring any individual or any societal unit. It is a fund to provide services and public amenities for all people alike. So, whether you earn only so much or make millions, you walk or drive over the same road or bridge that taxes helped to build. We cannot discount the goodwill and welfare taxes have brought to both ancient and modern societies.  Pay your taxes so you can enjoy them   **2. Taxes must be predictable**   In order for a government to function well, it must have some stability in terms of its fiscal health. Without the necessary funds to run a government, chaos would ensue. And so, taxes must flow into a state’s coffers at a regular schedule and at a reasonably predictable amount or the oil will run out at a time when the engine of progress badly needs it.   Now, we understand why the state imposes and does not merely request that taxes be paid at a particular time of the year. Why April for many countries? It is the time of the year when people have probably paid off last year’s debts or recovered from the expenses of the holiday season in the previous year. It is also the time when most parents have extra cash because their children are on school vacation. Unfortunately, it is also the time when many people want to spend a vacation. So, it is either you pay your tax or spend a nice vacation during spring for most people.   **3. Taxes must be simple**  Assessment and computation of tax and determination should be easily understood by the average taxpayer. But this has been forgotten by tax officials in recent years. It has not only become more complex in terms of schedule as the tax calendar seems to unending nowadays, it has also become so hard to decipher through the many pages now incorporated in the tax return. The best thing to do, if you have extra cash is to let an accountant do your tax.   **4. Taxes must not be forced but enforced to encourage voluntary compliance**  The key is convenience. As much as possible, it is the tax officials’ duty to encourage voluntary compliance among taxpayers through creative implementation without making people feel they are being harassed or unduly burdened. Ordinary taxpayers have to go through a lot of stress figuring out forms and lining up to pay their tax. Perhaps, a more convenient way can be implemented using modern technology and the banking system. If we can pay bills in malls or online now, why cannot tax be paid in the same way?   **5. Taxes earmarked for specific purposes must result in direct benefits**  Certain taxes, such as gasoline tax for road maintenance, must be dedicated to the particular purpose they were intended based on a direct cost-benefit link. Today, much of the corruption in government circles arise from misappropriating taxes or diverting them from their intended purposes, thus, losing sight of the original intent of the tax.   What can the taxpayer do to prevent these things from happening? Aside from joining protest rallies or talking to your congress representative, you can actually form or join small groups that could create awareness among people through the media or Internet. This is already being done on Facebook and Twitter. How effective it is may be hard to measure; but time will come when a critical mass of concerned people will have a force of a virtual army that can change the tide of events in a society.   Inevitable as taxes may be, enjoying their ultimate benefits can be a much better motivation that spending our time looking for ways to avoid them.


So I'm bored on the bus reading about the firing of John Clayton at ESPN. The situation got me thinking about the potential sale of ESPN (from what I recall from a Disney FPA employee - she said they would never sell, but that was 3 years ago). Assuming Disney was forced to orderly divest the ESPN unit - what do you think is the best option? PE backed MBO (similar to dell)? Public spinoff? Strategic? Other?  The network has gone down hill - they are losing subscribers above and beyond cord cutters. They have been shedding talent like crazy.   What's the best option sale option and what's the turn around Strategy?


The fact base evidence is reinforcing the understanding that dramatic increases in minimum wage is detrimental in the short and long term for marginal workers.  I suppose we can stick on head in the sand but I would rather call it the way it is.  The politicians jumping up and down demanding increased minimum wages are only looking for the short-term publicity.   By time everyone realizes it was a rotten deal the politicians will be long gone.


A one year period of study - Stock A trades at $100, and doesn't increase in value, but has $10 in dividends over the period.  Stock B starts at $100, no dividend, and ends at $105. However you account for this, it would be incorrect to ignore stock A's 10% return over the period.  To flip to a real example, MoneyChimp shows the S&P return from Jan 1980 to Dec 2012 as +3264% yet, the index only rose from 107.94 to 1426.19 or +1221%.  The error expands with greater time and larger dividends involved, a good analysis won't ignore any dividends or splits.


Im still dealing with a $1,000 laptop i bought from them that stopped working after 6 months. They replaced the mobo and now it BSODs every five mimutes. I have four service orders, three phone calls, and a web chat related to it, and they want me to file a lemon law document for a replacement. Which has to be done at the store i bought it from, with a copy of the service record that the store manager is responsible for obtaining. Because thats gonna happen.


"The course is free to ""audit,"" which means you take the courses and exams, and get graded, but don't receive a certificate upon satisfactorily passing.  If you want said certificate, the cost is usually between $50-$100.   The knowledge is more valuable, in my opinion. I will be taking the above course as an audit of the course."


"Just skimming through the Wikipedia article on airberlin, I notice there is more to the story than simply ""airberlin's IPO failed, so they postponed it and did it anyways."" 3 points to keep in mind about IPOs:  1) An IPO is the mechanism for taking a private company and setting it up for shares to be owned by ""the public"".  2) The process of selling shares to the public often allows original owners and/or early investors to ""cash out"". Most countries (including member nations of the EU) limit some transactions like pre-IPO companies to ""accredited investors"".  3) Selling shares to the public also can allow the company to access more funds for growth. This is particularly important in a capital-intensive business like an airline; new B737-MAX costs >$110M. New A320neo costs >$105M USD.  Ultimately, the question of a successful IPO depends on how you define success. Initially, there was a lot of concern that the IPO was set up with too much focus on goal #2... allowing the management & owners to cash out.  It looks like the first approach was not meeting good opinions in the market during 2006. A major concern was that the initial approach focused on management only cashing out its shares and no money actually going to the company to support its future.  The investment bankers restructured the IPO, including the issuance of more new shares so that more $ could end up in the company's accounts, not just in the accounts of the management.  If anything, it's still a pretty successful IPO given that the shares were successfully listed, the company collected the money it needed to invest and grow, and the management still cashed out."


It is different this time. But I think the risk of asset prices rising is almost as equal as them falling. QE caused asset price inflation, but QE was only to calm/support the market. They're probably not going to stuff that QE money back into the central bank for a very long time either. Maybe, they'll just keep rolling over the bonds out to maturity, while relying on deficits to inflate away the assets at the Fed.  https://youtu.be/o8LAUQwv77Q  My bet is the main risks going forward are political risks, and continued modest inflation among things not measured by CPI.


"If you're ready to start your project, or are just shopping for a quote, Universal Steel of America is here to serve you. You can e-mail, phone, or click ""Get a Quote Now"" to use our convenient Contact Form. We look forward to working with you!"


> they're pretty much the only places where endangered marine animals that are injured or orphaned can be taken to be rehabilitated and released  So, that's definitely not true. There are a **ton** of other places that do rehab for animals.


The loan you will just have to get by applying to a bunch of banks or hiring someone (a broker) to line up bank financing on your behalf for a point on the loan. FHA is for your first house that you live in and allows you to get 97.5% loan to cost financing. That isn't for investment properties. However, FHA loans do exist for multifamily properties under section 207/223F.   Your corporations should be SPEs so they don't affect each other. In the end, its up to you if you think it makes sense for all the single family homes to be in one portfolio. May make it easier to refi if you put all the properties in a cross collateralized pool for the bank to lend against. There is also no requirement for how long a corporation has been in existence for a loan. The loan has a claim on the property so it's pretty safe. So long as you haven't committed fraud before, they won't care about credit history.


"I can just get the exact same mortgage in a 30-year version, and just pay it off within whatever year window I choose This is an assumption which often does not come true. The ""advantage"" of a 15 year mortgage is you hopefully never decide you want more toys or to go out to eat and suddenly your mortgage takes 30 years to pay off instead of 15. Plus, if I get a 30-year mortgage then I have a cushion in case I run into major financial hardship. That same cushion can turn into other luxuries. Maybe you want new furniture. ""I won't pay extra on the mortgage this year."" Suddenly it's year 22. This is not a 100% guarantee by any means, but it is something which is relatively likely. Yet everywhere I look I see people online going on about how unwise 30-year mortgages are I read a lot of online financial resources and almost never see this claim."


In practical terms, it shouldn't.  Market cap changes every day (assuming public trading, of course) or even second-by-second, and focusing on investor sentiment toward your company's stock is not the wisest way to make strategic decisions. That being said, company execs do need to be mindful of unusual swings in their company's share prices because it can sometimes be an indicator of news/information of which they're unaware.  At the same time, you can't just disregard your shareholders, especially the big institutional players who may have large voting blocks with which to replace you if they feel you're not responsive to events.  They are the ones who make strategic decisions based on your company's share price, right? (grin) The issue around swings in market cap is more about public perception than reality, so it is important for companies to have a good public relations strategy ready to go that can address questions/concerns in case of some market event.  After all, consumers who hear that a company's share price has suddenly fallen by, say, 30% might be more hesitant to do business with that company because there's a (perhaps irrational) fear the company's not doing well and may not be around much longer. Investors are, by their very nature, emotional rather than rational.  Any kind of news can cause a stampede toward or away from a stock for no reason that an investment professional could ever explain.  That's why it's impossible to spend any real time focusing on market cap (leave that to your P.R. department to worry about). IF, as a company executive, you focus on doing the right things to make your company successful then any questions/concerns about market cap will resolve themselves. Good luck!


Yahoo finance does in fact have futures quotes.  But I've found them difficult to search for because you also have to know the expiration codes for the contract to find them. S&P 500 Emini quote for June 2012


Wrong, insurance companies also increase rates for smokers despite smokers actually costing less for medical treatment because they usually die of heart attack and stroke really early, rather than be 90 years old with replaced knees, hips, 24 hour care and 30 different drugs per day.


Here's my solution for income inequality. One guy who makes 600,000 a year (the president at my university makes this) splits it into parcels of 25,000 a year distributed between 24 people including himself. Those people have to give the president a blowjob once a month, or 12 blowjobs a year. The president retains his supremacy by getting more than 250 blowjobs a year and everyone at the bottom of the pool still has to suck dick for a living. Problem solved!  -Umm, how would this not work? It gives 23 extra people a chance to lead happy lives as opposed to **one**. His life is still happier and more fulfilled than the other 23 and they still have to do unpleasant work to earn their keep.   -For business people you all don't really think outside the box.


Their whole plan is to open up a car insurance company, which collects fees but never has to pay a dime because it's just impossible to be I  an accident due to everybody staying at home all the time!


"Below is just a little information on short selling from my small unique book ""The small stock trader"":  Short selling is an advanced stock trading tool with unique risks and rewards. It is primarily a short-term trading strategy of a technical nature, mostly done by small stock traders, market makers, and hedge funds. Most small stock traders mainly use short selling as a short-term speculation tool when they feel the stock price is a bit overvalued. Most long-term short positions are taken by fundamental-oriented long/short equity hedge funds that have identified some major weaknesses in the company. There a few things you should consider before shorting stocks: Despite all the mystique and blame surrounding short selling, especially during bear markets, I personally think regular short selling, not naked short selling, has a more positive impact on the stock market, as: Lastly, small stock traders should not expect to make significant profits by short selling, as even most of the great stock traders (Jesse Livermore, Bernard Baruch, Gerald Loeb, Nicolas Darvas, William O’Neil, and Steven Cohen,) have hardly made significant money from their shorts. it is safe to say that odds are stacked against short sellers. Over the last century or so, Western large caps have returned an annual average of between 8 and 10 percent while the returns of small caps have been slightly higher.  I hope the above little information from my small unique book was a little helpful! Mika (author of ""The small stock trader"")"


Bust the Trust! Many people would argue that those six existing companies should themselves be broken up. Monopolies are harmful to everyone individually and the economy as a whole, it spits in the face of free trade. The leaders of these companies are so abstracted from the products and services their companies provide, the most they are accomplishing is convincing lower administrators and managers to do shady and illegal shit to improve their own bonuses. Meanwhile the researchers and average workers get shafted with endless cuts and ridiculous and nonsensical demands from 15 tiers of bueacracy.


"I don't think that HFT is a game-changer for retail investors. It does mean that amateur daytraders need to pack it up and go home, because the HFT guys are smarter, faster and have more money than you. I'm no Warren Buffet, but I've done better in the market over the last 4 years than I ever have, and I've been actively investing since 1995. You need to do your research and understand what you're investing in. Barring outliers like the ""Flash Crash"", nothing has changed. You have a great opportunity to buy quality companies with long track records of generous dividends right now for the ""safe"" part of your portfolio. You have great value stock opportunities. You have great opportunities to take risks on good companies the will benefit from economic recovery. What has changed is that the ""set it and forget it"" advice that people blindly followed from magazines doesn't work anymore. If you expect to park your money in Index funds and don't manage your money, you're going to lose. Remember that saying ""Buy low, sell high""? You buy low when everyone is freaked out and you hear Gold commercials 24x7 on the radio."


Interns are not hired to do work, they are hired so that people at the company can get a look at their abilities in a real situation (not an interview) before hiring them for real. This way instead of 30% of your new hires being a dud, it's more like 5%, because the bad ones were filtered out in the intern process. If you are self-motivated and good enough, then it's quite possible that you will start getting real work while you're at the company, as opposed to throwaway assignments that nobody cares about. Once you're in that position, it means they trust you to actually accomplish something, and you will be viewed as a hopeful hire. Assuming you like the company, getting into that position is half the value of the internship. So I'd take it as-is with one caveat - ask them about schedule flexibility ahead of time, explicitly for the purpose of making sure your class schedule works. If they're a decent place to work for they will probably grant you that point outright. EDIT: One more note. If you've got a favor to burn, save it. Use it if you like the place and need to ask them for an H1B sponsorship, or any other kind of immigration assistance.


Have you checked out merchresearch.com? Also, there are some Chrome add-ons that show the BSR (best seller rating). I'm not at my laptop to give you those right now, but Texas Gal Treasures on YouTube always goes through them on her streams where she designs a shirt start to finish. Hope this helps!


Suddenly, I am reminded of images of snakes eating their own tails. The kind of person who works at McDonald's, also eats at places like McDonald's.   There's an endgame for this strategy and it's not one that businesses like McDonald's will like.


back when i was trying to save my house before i went completely bankrupt i tried to apply for farm work down in florida. they basically told me to piss off and something about the department of labor. i talked to a friend who had a similar experience. its not that we're too good (especially as the economy gets worse and as we get more desperate) but they dont even want us in it. suffice it to say, i lost my home and now live on the floor of my parents spare bedroom in california. nobody wanted to hire me. ex-boeing employee here and casualty of that corporate disaster.


Yes, you may make non-deductible contributions to an IRA. The main benefit of a non-deductible IRA is tax-deferred earnings. If the investment pays out dividends, they will be kept in the IRA (whether you take them in cash and put them in a Cash Management Account, or you automatically reinvest them). You do not get taxed on these earnings until you withdraw from the IRA during retirement. If your income at that time is significantly lower than your income while you're working, you will be in a lower tax bracket (unless tax rates change drastically between now and then), so the taxes you pay on these earnings will be lower than if you'd invested outside the IRA and paid taxes along the way. You also get the benefit of compounding of the tax-deferred earnings. There's one caveat -- when you withdraw from the IRA, all the growth is treated as ordinary income. Even if some of it is capital gains, it will be taxed at your ordinary income rate, not your capital gains rate. So this is most beneficial for investments that produce dividends.  If you have a mix of deductible and non-deductible contributions to your IRA, the tax on the principle portion of your withdrawals is pro-rated based on the ratio of deductible to total contributions. This ensures that you eventually get taxed for the deductible portion (it's not really tax-free, it's tax-deferred), but don't get taxed twice for the non-deductible portion. Another option, if your 401(k) plan allows it, is to make after-tax contributions to the 401(k). At the end of the year, you can make an in-service distribution of these contributions and their earnings from the 401(k) to a Roth Conversion IRA. This allows you to contribute to a Roth IRA even if you're above the income limit for normal Roth IRA contributions. You can also do this even if you're also making non-deductible contributions to your regular IRA.


I believe the CPFB has a similar comment system so yes (I think all US regulators do) but again this isn't explicitly lobbying in the sense of one on one meetings between a lobbyist and a regulator it's the industry submitting their views and ideas via an established system that anyone can partake in.


"Morningstar is often considered a trusted industry standard when it comes to rating mutual funds and ETFs.  They offer the same data-centric information for other investments as well, such as individual stocks and bonds.  You can consult Morningstar directly if you like, but any established broker will usually provide you with Morningstar's ratings for the products it is trying to sell to you. Vanguard offers a few Emerging Markets stock and bond funds, some actively managed, some index funds.  Other investment management companies (Fidelity, Schwab, etc.) presumably do as well.  You could start by looking in Morningstar (or on the individual companies' websites) to find what the similarities and differences are among these funds.  That can help answer some important questions: I personally just shove a certain percentage of my portfolio into non-US stocks and bonds, and of that allocation a certain fraction goes into ""established"" economies and a certain fraction into ""emerging"" ones.  I do all this with just a few basic index funds, because the indices make sense (to me) and index funds cost very little."


Generally, an activity qualifies as a business if it is carried on with the reasonable expectation of earning a profit. In order to make this determination, taxpayers should consider the following factors: The IRS presumes that an activity is carried on for profit if it makes a profit during at least three of the last five tax years, including the current year — at least two of the last seven years for activities that consist primarily of breeding, showing, training or racing horses. From the IRS document FS-2007-18. The entire text can be found here: http://www.irs.gov/newsroom/article/0,,id=169490,00.html


I believe it, but running an OS that hasn't been updated in years and have it connected is a potential security disaster waiting to happen; anyone who wants to exploit it will be able to do so without much trouble.


">""In finance"" What kind of amorphous bullshit is that? There are literally hundreds of different things that can varyingly be termed ""in finance"".    Finally someone says it! Throwing arpimd vague words like finance for describing jobs is a pretty sure-fire indicator that you probably shouldn't be entering the industry in the first place."


> I think there is a valid argument to be made here, but you can’t make it by choosing to redefine words...  Poverty is an extremely loosely defined word, and the way I'm using it (to refer to people without much money) is well within the established definition.    The problem I'm talking about is hard to discuss, but it's vitally important.  People dislike discussing it for many reasons but mostly because people like having hope, and this problem points to a bleak future with no ready solution.  Pretending there is no issue is the surest way to perpetuate it though.


"You could try this experiment: pay for an Ad/banner on Facebook for 1 month. The Ad/banner should link to your ecommerce site. Then see if the Ad/banner does or does not convert into ecommerce orders (""converting"" means that people coming to your eccomerce site from Facebook after having clicked on your Ad/banner really buy something on your site). If it does convert, you will go on paying for Ads/banners and other people will do the same for their sites, so FB might make cash in next years. But if it does NOT convert you and everybody else will soon discover and stop paying for Ads/banners, thus it will be hard for Facebook to make money with Advertising, thus Facebook might be just a big bubble (unless they find other ways of making money). I did the experiment I suggested above and the conversion rate was an absoulte ZERO!!! (Instead Google Adwords converted well for the same site). So IMHO I would stay away from FB. But remember that stock market is emotional (at least on short periods of time), so it might be that even if FB wil never become a cash cow, for the 1st few months people (expecially small investors tempeted by the brand) might go crazy for the stocks and buy buy buy, making the price go up up up. EDIT in reply to some comments below arguing that my answer was boiled down to one single experiment: General Motors said Tuesday that it will stop paid advertising on   Facebook...the social media paid ads simply weren't delivering the   hoped-for buyers... (CNN May/15/2012) A donkey can not fly either when it's me (with a single experiment) trying to make it fly or the entire GM workforce."


Teslas use standard maintenance items.  The headlamps are standard on the models without LED (do remember that absolutely no vehicle LED lamps are standardized except for retrofit parts), brake parts are common cross-brand designs, the differential gearboxes use a common GM synthetic trans oil, battery coolant is a common ethylene glycol based automotive engine coolant, fuses and wipers are standard, and lots of the little electronic parts (door microswitches, hall effect sensors, plunger switches, solenoids, valving, and actuator motor) are very common and easy to obtain.  Steering and suspension parts are available in the aftermarket from high quality vendors.  All the coolant lines on the vehicle are standard or easy to reproduce, clamps are universal.


"This is a great question precisely because the answer is so complicated. It means you're starting to think in detail about how orders actually get filled / executed rather than looking at stock prices as a mythical ""the market"". ""The market price"" is a somewhat deceptive term. The price at which bids and asks last crossed & filled is the price that prints. I.e. that is what you see on a market price data feed. ] In reality there is a resting queue of orders at various bids & asks on various exchanges.  (source: Larry Harris. A size of 1 is 1H = 100 shares.) So at first your 1000H order will sweep through the standing queue of fills. Let's say you are trading a low-volume stock. And let's say someone from another brokerage has set a limit order at a ridiculous price. Part of your order may sweep through and part of it get filled at a ridiculously high price. Or maybe either the exchange or your broker / execution mechanism somehow will protect you against the really high fill. (Let's say your broker hired GETCO, who guarantees a certain VWAP.) Also people change their bids & asks in response to what they see others do. Your 1000H size will likely be marked as a human counterparty by certain players. Other players might see that order differently. (Let's say it was a 100 000H size. Maybe people will decide you must know something and decide they want to go the same direction as you rather than take the opportunity to exit. And maybe some super-fast players will weave in and out of the filling process itself.) There is more to it because, what if some of the resting asks are on other venues? What if both you and some of the asks match with someone who uses the same broker as you? Not only do exchange rules come into play, but so do national regulations. tl;dr: You will get filled, with price slippage. If you send in a big buy order, it will sweep through the resting asks but also there are complications."


"This is an excellent topic as it impacts so many in so many different ways. Here are some thoughts on how the accounts are used which is almost as important as the as calculating the income or tax. The Roth is the best bang for the buck, once you have taken full advantage of employer matched 401K.  Yes, you pay taxes upfront.  All income earned isn't taxed (under current tax rules).  This money can be passed on to family and can continue forever.  Contributions can be funded past age 70.5.  Once account is active for over 5 years, contributions can be withdrawn and used (ie: house down payment, college, medical bills), without any penalties.  All income earned must be left in the account to avoid penalties.  For younger workers, without an employer match this is idea given the income tax savings over the longer term and they are most likely in the lowest tax bracket. The 401k is great for retirement, which is made better if employer matches contributions.  This is like getting paid for retirement saving.  These funds are ""locked"" up until age 59.5, with exceptions.  All contributed funds and all earnings are ""untaxed"" until withdrawn. The idea here is that at the time contributions are added, you are at a higher tax rate then when you expect to withdrawn funds. Trade Accounts, investments, as stated before are the used of taxed dollars.  The biggest advantage of these are the liquidity."


I came on here when your comment was about 10 minutes old.  There were only a few comments on here before you posted and not a single one was a misogynist remark.  You however stated you will only care about the expectation of dudes if they can put a watermelon through their pecker.  What word should a rational person use to describe your comments?


Is this for the US? Or does it apply here in the UK in a general sense?  Obviously I think we are using different terms, but this is just a general run down of the different business types really right?  I'm wondering if the use of a name thing matters here in the UK or not. I'm happy to trade under my actual name, but would prefer a name for the business that is separate to my own name.


These kinds of credit card offers are incredibly common. More often you will get a certain reward if you spend $X within Y days of getting the card. In many cases you can take advantage of them with very little downside. However, are you responsible enough to have a credit card and be able to pay off the balance every month? If not the interest charges could quickly wipe out the $50 bonus you get. And hard inquiries and new accounts could potentially affect your credit score, particularly if you don't have a well-established credit history. There's also the chance you get denied in which case you add a hard inquiry to your credit report for no gain.


Pay it off....I've only ever paid interest on mortgages to buy the houses I've lived in (I paid both mortgages of years ahead of schedule) & as a result my credit rating's way above average, I use credit cards for everything, pay 'em off in full every month unless I'm paid not to (currently have around 8,000 sitting interest free while the cash earns 6% elsewhere). Life's sweet if you understand the system. Hell if you don't. Keep saving...


Danger. The affidavit is a legal document. Understand the risk of getting caught. If you are planning on using the condo to generate income the chances that you default on the loan are higher than an owner occupied property. That is why they demand more down payment (20%+) and charge a higher rate.  The document isn't about making sure you spend 183+ nights a year in the property, it is making sure that it isn't a business, and you aren't letting a 3rd party live in the property.  If you within the first year tell the mortgage company to send the bill to a new address, or you change how the property is insured, they will suspect that it is now a rental property.  What can they do? Undo the loan; ask for penalty fee; limit your ability to get a mortgage in the future; or a percentage of the profits How likely is it? The exact penalty will be in the packet of documents you receive. It will depend on which government agency is involved in the loan, and the lenders plan to sell it on the secondary market.  It can also depend on the program involved in the sale of the property. HUD and sister agencies lock out investors  during the initial selling period, They don't want somebody to represent themselves as homeowner, but is actually an investor. Note: some local governments are interested not just in non-investors but in properties being occupied. Therefore they may offer tax discounts to residents living in their homes. Then they will be looking at the number of nights that you occupy the house in a year. If they detect that you aren't really a resident living in the house, that has tax penalties. Suggestion: If you don't want to wait a year buy the condo and let the loan officer know what your plan is. You will have to meet the down payment and interest rate requirements for an investment property. Your question implies that you will have enough money to pay the required 20% down payment. Then when you are ready buy the bigger house and move in. If you try and buy the condo with a non-investment loan you will have to wait a year. If you try and pay cash now, and then get a home equity loan later you will have to admit it is a rental. And still have to meet the investor requirements.


I don't think you are missing much, if anything, Brendan. You get massive diversification and low fees with a fund like VTI. I'm not sure if it is good to have everything with only one broker though. I would add to the conversation that the goal shouldn't be to have a giant pile of money in x years..and then spend it down in retirement. A much better/safer goal is to have enough dividends being generated that you never have to touch your capital. Looks like you are starting young so congrats.


Anyone who said landscape is a simple thing definitely never dealt with it in real life. According to a famous landscaping services provider in Perth there are several dumb mistakes that are made in the process of landscape designing. There are so many things that one needs to keep in mind.


Americans have this blind faith in American car companies.  When I started dating my gf (6yrs ago) her parents were hard-core American car buyers. Her mom had a brand new top of the line impala.  That car had so many problems that the cost of ownership had to be outrageous.  The one thing that was a constant problem is it had factory 18in alloy rims and the tires kept going bald on the inside like way before they should have. Her mom kept taking it to the dealership to get the problem fixed because you shouldn't have to get new tires every 15k miles.  They said all sorts of crap like the camber kit was wrong and god knows what else.  I think that was they last straw for them because she got rid of it and got a Kia Cadenza which has had no problems.  The one brand I would absolutely never buy is a Chevy.  That company has continually produced shit vehicles that cost a fortune to own for the last 30 years. They wonder why they almost went out of business. Well when you can buy a Honda and get 200k miles from your investment without having the car in the dealership twice a year with major repairs and terrible warranties that don't cover shit, people will end up buying soemthing that lasts.


"There's one factor the previous posters apparently missed here: You say ""self-employment tax""--in other words, at least some of that $16k is from self employment.  In a normal employment situation the FICA tax is taken out of your paycheck, it's normally spot on and generally doesn't show up on your tax return. However, for the self-employed it's another matter.  You pay the whole 15.3% from the first dollar and this does show up on your tax return.  If it's all self employment money you would have about $2.5k in tax from this."


"A while back I sold cars for a living.  Over the course of 4 years I worked for 3 different dealerships.  I sold new cars at 2 and used at the last one. When selling new cars I found that the majority of people buying the higher end cars honestly shouldn't have been - 80%+.  They almost always came in owing more on their trades then they were worth, put down very little cash and were close to being financially strapped.   From a financial perspective these deals were hard to close, not because the buyer was picky but rather because their finances were a mess.  Fully half, and probably more, we had to switch from the car they initially wanted down to a much cheaper version or try to convert to a lease because it was the only way the bank would loan the money.  We called them ""$30,000 millionaires"" because they didn't make a whole lot but tried to look like they did.  As a salesman you knew you were in serious trouble when they didn't even try to negotiate. Around 2% of the deals I did were actual cash deals - meaning honest cash, not those who came in with a pre-approved loan from a bank.  These were invariably for used cars about 3 to 4 years old and they never had a trade in.  The people doing this always looked comfortable but never dressed up, you wouldn't even look at them twice.  The negotiations were hard because they knew exactly how much that car should go for and wouldn't even pay that.   It was obvious they knew the value of money. That said, I've been in the top 3% of wage earners for about 20 years and at no point have I considered myself in a position to ""afford"" a new ""luxury"" car.  IMHO, there are far more important things you can do with that kind of money."


At some point, if you can affect the human condition and affect culture for the better. You do it profita be damned. Capitalism is not helping global warming or social issues faster than it is hurting in a completely open market IMO. It just takes one company to pull the plug and say, this isn't right. If others begin to do these thinks secretly (like if Google returns biased search results for certain hit button topics) then there is a transparency question. We are so reliant on information sources we are limited in ability to cross reference and research other ways... But to not act against the bad because of fear of potential more bad... I dunno


So many retards in here. How hard is it to understand: import oil, add value through refining, export petroleum product.  Also, two words - crack spread. Refine WTI and sell the product, competing with Brent refined product which costs more because of higher input costs.  Get less ignorant


"It's not a ""fig leaf"" at all.  Comcast would have no control over the company and would derive no benefit from it.  Comcast's shareholders would receive shares because they owned the company that is giving up its customers to form this new company.  Take away the merger and think of it as a company splitting in half.  Wouldn't the shareholders of the original company deserve to own proportional shares of the split companies?"


"No it is not ""Normal"" the normal process is that the money is transferred to your account with out issue.  This would be an exception.  That does not mean that there is anything to worry about.  It could be that the transaction met some criteria that triggered closer examination, or it could be that yours is just one randomly being reviewed.  And it could just be that your husbands partner misunderstood or lied.   Step 1 would be contact the bank and find out what is going on and if there is any action you need to take.  Assuming that the bank confirms the status and the amount is significant enough I would probably give my lawyer a heads up of what is going on.  If Homeland Security is involved there is a reasonable chance that you will need that representation anyway so getting the lawyer involved early might save you a headache in the end.  The lawyer is probably the only person that will be able to get any answers for your anyway. from comments: My husband is a consultant that works for another company - as a   consultant. That company received a contract from a government south   of the US (Free Trade approved). That government first wired the   overall government contract to the company account in that originating   country, then... the funds were wired to the US counterpart company   ... then then consultants gets paid. It sounds like the contract is not your normal business to business international contract.  So normal goes out the window there.  When you start getting foreign governments involved things get... lets use the word ""interesting.""  If the contract involves anything with military or restricted technology applications (even if they are not directly military) then HSA wants to make sure that no one is circumventing export restrictions.  With out knowing more specifics it is difficult to guess whether or not there is anything for your husband to worry about.  The bottom line for him is that he does not have his money so he should keep that in mind when delivering services to the Prime Contractor."


Unless you have the storage and transportation facilities for it, or can come up with the money needed to rent or build those, no -- or not in any significant quantity.  Buying oil futures is essentially an on-paper version of the same bet. Futures prices are already taking into account both expectations about price changes and the fact that there's cash tied up until they come due, but storage costs also adjust to follow those expectations.


"The money for unemployment insurance was taken out of their paychecks, so why shouldn't they get the payments?  Most unemployment insurance money goes right back into the economy anyway, so this ""pocketed"" conclusion is more of a weasel word argument than anything else.  Furthermore, this is millionaire *households* and not millionaires.  One projection put the cost of this at $2 million a year, so it isn't even really significant compared to the rest of the Federal budget."


Lawful recruiters make it simpler for lawyers to navigate the employing procedure by giving a specialized employment acquisition facility. With a lawful recruiter, a lawyer attains access to structural benefits and relations that would otherwise take several hundred’s - if not tons - of hours to tend on their own. However prior using any employment agencies check for their bcg attorney search scam.


Oh lord. I heard of a service here in town once which would bring you snacks. It was long gone when I looked them up though. There is so much money to be made bringing people munchies. And booze when you need to make a beer run but don't have a DD.


You're extremely fortunate to have $50k in CDs, no debt, and $3800 disposable after food and rent. Congrats. Here's how I would approach it. If you see yourself getting into a home in the next couple of years, stay safe and liquid. CDs (depending on the duration) fit that description. Because you have disposable income and you're young, you should be contributing to a Roth IRA. This will build in value and compound over your lifetime, so that when you're in your 70s you'll actually have a retirement.  Financial planners love life insurance because that's how they make all their money. I have whole life insurance because its cash value will be part of my retirement. It may also cover my wife if I ever decide to get married. It may or may not make sense for you now depending on how soon you want to buy a home and home expensive they are in your zip code.  Higher risk, higher reward- you can count on that. Keep the funds in the United States and don't try to get into any slick financial moves.  If you have a school in town, see if you can take an Intro to Financial Planning class. It's extremely helpful for anyone with these kinds of questions.


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As far as I read in many articles, all earnings (capital gains and   dividends) from Canadian stocks will be always tax-free. Right?   There's no withholding tax, ie. a $100 dividend means you get $100.  There's no withholding for capital gains in shares for anybody.  You will still have to pay taxes on the amounts, but that's only due at tax time and it could be very minor (or even a refund) for eligible Canadian dividends.  That's because the company has already paid tax on those dividends. In contrast, holding U.S. or any foreign stock that yields dividends   in a TFSA will pay 15% withholding tax and it is not recoverable. Correct, but the 15% is a special rate for regular shares and you need to fill out a W8-BEN.  Your broker will probably make sure you have every few years. But if you hold the same stock in a non-registered account, this 15%   withholding tax can be used as a foreign tax credit? Is this true or   not or what are the considerations? That's true but reduces your Canadian tax payable, it's not refundable, so you have to have some tax to subtract it from. Another consideration is foreign dividends are included 100% in income no mater what the character is.  That means you pay tax at your highest rate always if not held in a tax sheltered account. Canadian dividends that are in a non-registered account will pay   taxes, I presume and I don't know how much, but the amount can be used   also as a tax credit or are unrecoverable? What happens in order to take into account taxes paid by the company is, I read also that if you don't want to pay withholding taxes from foreign > dividends you can hold your stock in a RRSP or RRIF?  You don't have any withholding taxes from US entities to what they consider Canadian retirement accounts.  So TFSAs and RESPs aren't covered. Note that it has to be a US fund like SPY or VTI that trades in the US, and the account has to be RRSP/RRIF.  You can't buy a Canadian listed ETF that holds US stocks and get the same treatment.  This is also only for the US, not foreign like Europe or Asia. Also something like VT (total world) in the US will have withholding taxes from foreign (Europe & Asia mostly) before the money gets to the US.  You can't get that back. Just an honourable mention for the UK, there's no withholding taxes for anybody, and I hear it's on sale. But at some point, if I withdraw the money, who do I need to pay taxes, > U.S. or Canada? Canada.


If you only need to buy stuff online you could consider using paypal perhaps? If you really need an bank account, you could also look at an offshore bank account, HSBC has accounts in multiple currencies, but you will need to be eligible (have a ton of money and provide some documentation).


I think to answer this question it is best for you to learn more about why people diversify through asset allocation. Look at related questions involving Asset Allocation here.   I've asked a couple questions about asset allocation - I think you'll find the top rated answer on this post useful.


"First, it's much safer to be shorting stocks over $5 than stocks under $5.  I use 3 indicators to show that a stock has topped out and about to drop. Key is the timing cause the initial drop is often the biggest. More close you get in at the top, the higher the risk. Using 1D Charts ONLY:   - MACD Indicator:  I use the histogram, when it reaches a peak height, and the next day it is down 1 ""Step"". If you wait til the MACD lines cross, you are pretty late IMHO.  Need to get in earlier. Timing is everything.   - RSI(15) - Needs to topped out and above 67 meaning, ""Over bought""  - Do not buy when RSI is high above 70. Often stocks go on a Run up when RSI is over 70!   - I use Stoch RSI or CCI to confirm my status on RSI. I like to see that all 3 indicators agree. This gives me a 75% chance that the stock will drop. It may take a day or 2.. so you need patience."


This is the 21st century.. What do people expect? The Mongolians to attack? How is a dumb wall gonna help. He could pay for the stupid wall himself if he wants to make a statement. Or maybe his supporters should donate money for it and volunteer their time to build the worthless thing. Border wall is one of his dumbest campaign promises. We have so much better technology to do so much more for border security than a stupid wall. Put the money to better use.


Well following your train of thought, if someone used the Visa/Amex/MC gift cards to buy something at another store, couldn't Visa/Amex/MC go to those stores and ask for evidence of who used the cards and then go after those people?  The rabbit hole could go pretty deep, but if the amount was large enough they might be motivated to at least make examples of some people to discourage this in the future.


"In economics, there is a notion called the Sunk Cost Fallacy.  In a nutshell, the sunk cost fallacy says that human beings tend to prefer to ""throw good money after bad"" because of a strong loss aversion.  That, coupled with how we frame an issue, makes it very tempting to say, ""if I just add these funds, I'll recoup my loss plus..."" In reality, the best best is to ignore sunk costs.  (I know, far easier said than done, but bear with me a second.)  How much you've invested is really irrelevant.  The only question worth asking is this: ""Would I invest this money in the asset today?"" Put it this way - any money you spend on ""rescuing"" this upside mortgage is an investment that trades ready funds for a little more equity.  Knowing that the mortgage is $100K in excess of the value, why buy that asset?  If you could do a HARP, different story - but as you say, you can't. As such, buying into that investment is not the best use of your funds. You are throwing good money after bad.  Invest your money where it will earn the best rate of return - not where your heart lead you."


For so little use, you are probably better off not owning a car. Car ownership has high fixed costs and unexpected ones like repairs. Difficult parking makes it worse. If you do buy a car, you probably shouldn't buy a new $20k one. A used car will depreciate much less. Be aware that if you own a car, you will end up using it much more than you thought. That may be good or bad. When you already paid the fixed costs, using it feels almost free, so you will start driving where you used to bike to take public transport. Then you will notice that parking in the center is annoying, so you will start shopping at big stores out of town.


It's difficult when you read every few sentences and a new phrase pops out. I'm not procrastinating here, I feel getting an overview of it here while I can ask specific questions about terms I don't understand will help me more than just reading it on my own. At least that's what I've found. I'm not smart and I learn better this way.


They might not have to open accounts at 12 bank because the coverage does allow multiple accounts at one institution if the accounts are joint accounts. It also treats retirement accounts a separate account. The bigger issue is that most millionaires don't have all their money siting in the bank. They invest in stocks, bonds, government bonds, international funds, and their own companies. Most of these carry risk, but they are diversified. They also can afford advisers to help them manage and protect their assets.


Stop order is triggered when the market reaches the price you set. Until then - its not on the books. Your understanding is wrong in that you don't go to read the definition of the term.


Killer product descriptions that prompt deals aren't really difficult to compose. Notwithstanding what may be normal, once you know the condition and key fixings that make one up, you can take after a clear game plan of steps each time you create another for an item. But hiring a Professional is a better idea. You can get Amazon Product Description Writing Services from Mmf Infotech.


"> You must understand that the major difference between borrowing from an individual and borrowing from a financial institution is that  in both cases you make exactly the same pledges and have exactly the same obligations.  Yes, I got that.    > The bank expects a certain percentage of its borrowers to default  Its insurance also expects that a certain percentage of banks will be robbed.  Which in your universe makes bankrobbing kinda okay I guess.    > Your bank doesn't ""trust"" you any further than it could throw you.   The bank does trust in pacta sunt servanda and the rule of the law.  Otherwise it would never do any business with anyone.    And no offense, but after your arguments here, I personally wouldn't lend you lunch money."


"Seems to me you don't have a ton of great choices, but of them: Keep going as you are.  If/when the car becomes unusable without significant expenses, stop using it.  Buy another junker and use that to get by until your loan is paid off.  From now until then, put aside a few hundred (or whatever you can, if more) each month towards the anticipated purchase.  When you do buy this junker, pay in cash - no loan.  Just get something that will take you to work, and that includes ""bike"" if that's a possibility.  When you can, sell the no longer usable car to finish paying off the loan. Start aggressively paying off the current loan, with the eye of getting it down to where you're not underwater anymore.  Then sell the car and dispose of the loan, and buy a better replacement.  Scrimp and save and cut everything - eat cheaply (and never out), cut your personal expenses everywhere you can.  If you get another $250 a month towards principal, you can probably be no-longer-underwater in about a year. Get a personal loan today for the amount that you're underwater, and immediately sell the car.  This gets you out of the loan and car the quickest, and if you think the car will devalue significantly between now and when you might be not underwater anymore, this might be the best option.  But it's the most expensive, likely - you'll pay 12% to 20% on the difference.  Now, 12% of $5000 is less than 5% of 15000, so it might actually be a good financial deal - but you'll probably have to shop around to get 12-15% with a 660 (though it's probably possible).  You'll still be without a car at this point, though, so you'd have to buy another one (or live without for a while), and you'd still have a payment of some sort, but perhaps a more manageable one ($5000 @ 12% @ 5 years means something a bit over $100 a month, for example.) I recommend that if you can get by without a car for a while, option 2 is your best bet.  All of these will require some financial care for a while, and probably cutting back on expenses for a year or two; but realistically, you shouldn't expect anything else.  Get a budgeting app if it will help see how to do this. As far as getting out of the loan without paying it, I don't recommend that at all.  Your credit will be ruined for at least seven years, and 660 is not bad at all really, and then would take  yet more years to recover.  You will likely be sued for the balance plus collection costs, beyond repossession.  The consequences would be far, far worse than just paying it off, and I mean that financially as well as ethically."


Stock is a part ownership of a business. First there has to be a business that people want to own part of because they expect to make a profit from that ownership.  Nobody is going to be interested if the business isn't worth anything.  In other words: sure, you could try to start a movie production house to make this film and others... But unless you are already a major player AND already have a lot of money invested in the studio, forget it. This isn't GoFundMe or Kickstarter. Nobody is going to buy stock because they want a copy of the DVD that you promise will be available in two years' time.


"Whether you use a professional financial planner or not, the basic steps are the same. It seems like you have done some detailed work on step 1, perhaps less detail (but not necessarily insufficient detail) on step 2, and concluded that you don't need to change anything in step 3. That's fine - if you concluded that you don't need to change anything, then you don't need to change anything! What you need to do from now on is There is nothing complicated or difficult about any of this. To paraphrase Charles Dickens, ""Income greater than expenditure - result, happiness. Income less than expenditure - result misery.""  Talking to a financial planner might encourage you to spend less (though of course you just acquired a new expense, ""buying financial planning advice""), just like joining to Weight Watchers might encourage you to eat less or exercise more. But in the end, it's you who have to take the action - other people can't do it for you."


Just finished moving my Mother In Law from her 1500+ sq ft condo into 400 sq ft assisted living.  We had grandiose ideas of selling all the valuable antiques and furniture to help her financially.  Turns out no one wants it, for the most part.  Made a few hundred dollars for many hours of works from half a dozen people.  Ended up giving 80% of it to Goodwill/Salavation Army.  Even her $6000 fur coat was only worth $200.  Too much supply, not enough demand.    All I know is that my wife and I are now going through our stuff and getting it out of our lives so our son doesn't have to deal with it (in the *far* future, hopefully!)


"Sorry buddy, you don't get to say you're wrong when your models are consistently proven inaccurate. It is demonstrative of a fundamental flaw in methodology.   If you want to throw around statistical anylaysis it behooves you to verify and critique those models.   >hey, look at all these facts, well researched figures, and data that gets someone to this conclusion  I didn't say that. I said oh hey look someone trying to stand on Nate Silver's shoulders, as if his methodologies and analysys weren't the laughing stock of the previous election.   The other ""statistics"" was one poorly done histogram from a loosely related study offered as evidence to support an opinion piece.   That's what you don't get. You're bought into a world with a substantial cognitive dissonance and then you try to swing science around as if it supports your beliefs when it doesn't.  >From your understanding of the processes, to random sampling, to what stastical models represent, to facts in and of themselves.  Explain to me how the methodology for an exit poll is substantially different from the methodology for a prediction poll, other than the obvious ""everyone is a likely voter.""   That being said I think the numbers are representative of the voting trends ( the silver one, the other one is to small) from the exit polls because they don't get to play with the voter model, my critique is against the logical leap that one must be unintelligent or uninformed to have voted for Trump. There is no evidence for that. Only your ad hominem attacks.  The arguement is that those willing to manipulate their models to make a conclusion evident shouldn't be trusted to make reaching conclusions about the state of the electorate when they hold obvious bias."


"As someone who grew up in the restaurant business, I can vouch for your argument. Usually it goes like this:  1) Restaurant opens, has unique recipe / menu / whatever that works well 2) Restaurant expands 3) Recipe / menu / whatever is turned into a mass production model of its former self to match increase in scale = quality suffers for quantity (think grandma's homemade sauce after being ""streamlined"" through a PowerPoint presentation by a food consultant) 4) Restaurant goes to shit"


"Well, as they state ""the decreases in median net worth appear to have been driven most strongly by a broad collapse in house prices"".  When you're caught holding an overvalued asset, was your previous worth really a true estimate? A better headline might be ""median family wealth corrected to true value after previous accounting errors found."""


"this actually sound mature. If Anything, OP can admit that they just glossed over finance in accounting, but he is currently remedieng this but taking a proper grip on finances. the HR person might be impressed and keep OP on a ""prospective employees"" list. he can call every three monthts to check. he might get promoted to a position higher  when getting hired."


Custom fields are limited to non-calculated values.  Read more here:  http://qbblog.ccrsoftware.info/2008/07/custom-fields-in-quickbooks/ To do this you will need an add-on.  I would reccomend CCRQInvoice, but only because its the only one I've tried and it worked.  More here (this is an order form example, but it works): http://ccrqblog.ccrsoftware.info/adding-calculated-fields-to-order-forms/ The product info is here: http://www.ccrsoftware.com/CCRQInvoice/InvoiceQ.htm


Be careful about your hard and fast rules. I'm flying first class in November because it was $1000 cheaper than flying coach, as bizarre as that sounds. I don't really know why the airline was pricing tickets the way they were (though the time I booked was when a hurricane was about to hammer florida + puerto rico and airlines were gouging people) because the tickets were for the exact same flight and there were very few seats reserved.  At best I would suggest you say that public employees / union reps should fly the most inexpensive option (though I'm sure the scenario I encountered doesn't happen often).


Why not combine CS and finance? It's a deadly combination! A few schools out there are offering degrees in Quantitative Finance. Check out Stevens Institute of Technology, they have a great program in the field (I'm currently an undergrad there and I love it).


Recommended by: casperpuss Springhill Group Counsellling  Springhill Group Counselling believes it is significant that each of us needs to understand what counselling and psychotherapy is about and what they should anticipate from the procedure of therapy. Nurturing knowledge among community is a significant purpose for every organization. This website has been aims to help people find out more about counselling and psychotherapy, especially those who are considering therapy as an option for themselves or someone else, or for clients who are already involved in therapy.  Posted Dec 10, 2011 People Also Love: counselling groups news spring hill Springhill Counselling Springhill Group Springhill Group Counselling Reply This is: smart funny useful Recommended by: cheekyfreak Recent Articles   Springhill Group Counselling  November 29, 2011  Springhill Group Counselling believes it is significant that each of us needs to understand what counselling and psychotherapy is about and what they should anticipate from the procedure of therapy. Nurturing knowledge among community is a significant purpose for every organization. This website has been aims to help people find out more about counselling and [...]  Posted Dec 6, 2011 Reply This is: smart funny useful Recommended by: jericktiu First to recommend  Recent Articles   Springhill Group Counselling  November 29, 2011  Springhill Group Counselling believes it is significant that each of us needs to understand what counselling and psychotherapy is about and what they should anticipate from the procedure of therapy. Nurturing knowledge among community is a significant purpose for every organization. This website has been aims to help people find out more about counselling and [...]  Posted Dec 3, 2011


In most countries trading platforms are legally required to be overseen by a regulator, in the US this is the SEC (Securities and Exchanges Commission). This regulatory oversight is required in order to operate (i.e. have clients) in that country and the company will lose the right to operate in that country if they do not comply with the regulations. If you believe that you have genuine cause to complain that a trading platform that you are using within your jurisdiction is behaving unfairly towards you you can report this to the regulator and they will investigate so long as you can provide them with some concrete evidence. Note that in many jurisdictions gambling websites are also regulated (they are in the UK for example) and so arguments about their fairness are specious. A big problem with a lot of these complaints is that people who lose money are very vocal about blaming everyone else, people who make money are very vocal about their own amazing skills... think about that!


You are right, it is a Ponzi scheme unless it pays all of the profits as dividends. Here's why: today's millenials are saving a lot less, and instead they choose to be spenders. It's just that their mentality is different. If the trend continues there will be more spenders and less savers.  That means that in 20 years from now, a company might sell more and make more profits, but because there are less investors on the market it will worth less (judging by supply and demand this has to be true).  Doesn't that seem like a disconnect to you guys? Doesn't that just prove that all those profits are not really yours, but instead you're just sitting on the side making bets about them? If I own a company from the point where it goes public and while the value goes up I hold on to it for 50 years. Let's say for 45 years it made tons of profits but never paid a cent in dividend, and then in 5 years it goes out of business. What happened to all the profits they made throughout the 45 years?  If you owned a restaurant that made a profit for 45 years and then went bankrupt you are fine, you took your profits every year because why on earth would you reinvest 100% of the profit forever? But what if you could sell 49.9% of that restaurant on the stock market, get all of that IPO money and still keep all of the profits while claiming that you reinvest it forever? That's exactly what they do! They just buy expensive things for personal use, from fancy cars to private jets, they just write it down as an investment and you can't see what the money was spent on because you are not a majority stakeholder, you have no power. It was not like this forever, companies used to pay all of their profits in dividends and be valued according to that. Not anymore. Now they are just in it for the growth, it will keep growing as long as people keep buying into it, and that's the exact definition of a Ponzi scheme.


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This is for my final project in my international business major. I'm looking at country of origin effects on whiskey and whiskey regions. If you have the time, please take the survey. You don't need to know anything about whiskey. In fact I need more people with less knowledge of whiskey as I've got a lot of responses from /r/whiskey already.  I know this might not exactly fit this subreddit as it's not news, but it is business related. And I'm happy to provide the results of the survey for those interested! (Though only this survey, I can't release my final report due to confidentiality agreements with some distillers I've interviewed.)


"You will definitely want to look into odd jobs, if possible. I'm sure this sounds patronizing, but the biggest problem you have right now is your credit card debt, most likely at very high interest rates. You said you have enough to ""make your payments"", but you didnt specify what that meant. Are you making the minimum payments only?   If you're only making the minimum payments, you'll want to really find SOME way to scrounge even an extra $50 together each month (odd jobs specifically. You might also want to try mturk, where you get paid to fill out surveys). You see, by making only the minimum payment, you are actually probably only putting a few dollars at all to principal. Most of the rest went to last month's interest charges.   The best thing to do is lay out each card and what the interest rate is. You have 9 of them, so this seems like a bit of a task.  The first step is to identify which card has the HIGHEST interest rate. There are two things you can do then. You either throw every extra penny you have at that specific card, OR, you find some way to move that balance to your LOWEST interest rate card.   In all cases, your goal is to move debt from the high-interest rate cards to the low interest rate cards. Once you can't move debt around anymore, your goal then is to pay only the minimums on all the low-interest rate cards, and put EVERY SINGLE SPARE PENNY you have towards the higher ones.   If you don't mind me asking, can you outline all 9 cards and how much you owe on each, adn what each's interest rate is?  It's possible you don't know, and that's problem one. If you don't know the interest rate of each card, then you don't even really know which card you should be paying off first.   Edit: How miuch do you spend on food a month? If you were really really determined to get over this, you'd basically just eat rice and beans, or buy nearly-bad bananas and eggs. These are the cheapest foodstuffs you can find."


Market capitalization is one way to represent the value of the company. So if a company has 10 million shares, which are each worth $100, then the company's market capitalization is 1 billion. Large cap companies tend to be larger and more stable. Small cap companies are smaller, which indicates higher volatility. So if you want more aggressive investments then you may want to invest in small cap companies while if you lean on the side of caution then big cap companies may be your friend.


"Or it could be a Robinhood user just messing around with their free commissions. I've seen ""people that work for organizations"" and other analysts go crazy over some completely benign activity. It is like playing poker with a newbie, unpredictable."


"*While the politicians delay dealing with the stickier issues of immigration reform, surely they could get together on abolishing the limits on H1b visas for young educated foreign workers.*  Yes, surely they could get together on abolishing the limits on H1b visas for YOUNG educated foreign workers and thereby throw even more older tech workers out of work. As you can see from the first graph and table at http://econdataus.com/h1binfo.htm , the top 11 users of H1b visas in 2013 were companies heavily involved in outsourcing. And as you can see from the third graph and table at http://econdataus.com/h1binfo.htm , over 80 percent of initial H-1B hires are under 35.  Few of those high tech firms pushing to increase or abolish the limits on H1b visas even suggest that we need have any concern for U.S. workers. Perhaps workers and other citizens should reward those tech companies by giving them a taste of their own philosophy. Ignore any suggestion that we give any deference to tech products made in the U.S. and buy only foreign products. That will help build the foreign competition, giving those foreign workers places closer to home at which they can work. That may dry up the supply of cheap foreign labor and cause U.S. companies to treat their U.S. workers a little better. And, to paraphrase the pro-H1b philosophy, why should we buy a product made in the U.S. when a ""more qualified"" one is available from a foreign country?"


At revscheck.report, get your boat HIN number and other vehicles VIN number check report at minimal price in NSW, OLD, SA and WA region. We provide government approved PDF report of second hand vehicle which include complete details include loan history.


All the things you suggest are good, but I think like everything else the key is practice.  Study some topics, then try them out.  There are many many sites out there that have free or cheap virtual trading.


"To explain why you have to be 18: If you are not 18, then any contract that you sign can be voided (made invalid) by either you or your parents. So it would be completely legal for you to go to the bank, ask for a $1000 loan, and for the bank to give you the loan. But then you could spend the money, and tell the bank ""sorry, I changed my mind, I don't want that loan, and sorry again, but the money is gone"". At that point, there would be nothing the bank could do to get their money back.  Obviously, banks don't like this, so they won't lend you money."


An inbound call centre service involves handling incoming calls made by the pre existing and new clients regarding queries or placing orders of the products being promoted. Outsourcing inbound call centre services give the organizations enough time to focus on the core functions of the companies, concentrate on expanding the businesses & reaching to targeted market that directly or indirectly leads to profits.


Weight Loss Supplements contains all the essential products for you to start losing weight and getting fit. The most common when choosing a vegan diet is for ethical reasons, to care for the environment or to improve health, although the latter may not be sufficiently informed. Getting down or toning involves losing weight and gaining muscle, to get the body you've always wanted - and our VEGAN WEIGHT LOSS SUPPLEMENTS are the perfect starting point for anyone. Usually a vegan does not agree with how the meat industry works or how animals are farmed on farms to produce milk, eggs etc. And try to make the food industry friendlier to animals.


To be fair, making a twitter-esque website so people can talk, and actively hacking an election are two very different, and incomparable situations.   I'm not saying what we did is okay, because it isn't. But there's orders of magnitude of difference there that you're ignoring.


I'v actually heard of this before, the idea is that you gamble across the spread. Most of these have a place in a risky asset class in portfolios. Think of it as the little bit of crack you do on the side of your vanilla life.


Finance noob here.  Am I reading the article right that he's saying MPT bad, active management good?    If so, what is that saying about how I should manage my portfolio (assuming I am only dedicating a few hours a month)?    >he suggests that if you don't have an edge, no one needs to play the game  So what do I do then? Are there specific strategies?  Also, could you suggest a good explanation of why MPT is bad?


This would literally have changed nothing about the shikreli situation. That was a manufacturer, Amazon has obtained licences to be a middle man (buy from mfgr at mfgrs price and sell to pharmacies and potentially direct to consumer though they need additional licences for that.)


I can understand if people think I'm showing off. I'm not trying to and I'm extremely sorry if it seems like I am. Trust me, my Beta is probably much larger than it should be relative to my returns. However, I think I can keep the pace up but I just didn't know if this was too short of time to try and make a decision off of or not


Recommend using quickbooks for account management. If you use the manufacturing and wholesale you can track POs from vendors, estimates, bill payment quotes and invoicing (there's an editor to customize your set up)Also, most accountants are very familiar with this platform so come tax time they'll be able to give you a hand no problem. For accepting payments I highly suggest asking for checks. If you do accept credit cards keep in mind most  payment processors charge a percent (1.5-3%) depending on transaction amounts and quantities of transactions. So you'll want to mark up your products by at least that amount.   Another area is sales tax. Since you are not the end user you should be able to avoid sales tax on the items you will be selling to customers. You then charge the customer this sales tax. Not sure about NJ but in Texas we are 8.25%. I then pay the state of Texas the taxes collected quarterly.   Edit: also make sure you have separate finances for the LLC. Separate checking, separate credit card, separate everything! If you end up using an account that is tied to you personally then you run into the risk of losing the protective nature of an LLC from a legal standpoint.   Edit2: by separate I mean using your IRS issued EIN number to open accounts with the LLC name. When you sign anything on behalf of the company make sure to add the name of the company next to it to show the company is making the signature not you. For instance   u/sexlessnights Company name, LLC


Regardless of opinions on the subject matter, this is not an appropriate thing to do at work.  Edit: I'm not denouncing the act of voicing concerns; rather, I'm saying that posting a lengthy dissertation which runs counter to the company's public stance on diversity while said company is embroiled in a federal investigation regarding possible pay biases is not appropriate.


It means it's estimate and not final numbers and generally used for future years


There's no best strategy. Options are just pieces of paper, and if the stock price goes below the strike price - they're worthless. Stocks are actual ownership share, whatever the price is - that's what they're worth. So unless you expect the company stock prices to sky-rocket soon, RSU will probably provide better value. You need to do some math and decide whether in your opinion the stock growth in the next few years justifies betting on ESOP. You didn't say what country you're from, but keep in mind that stock options and RSUs are taxed differently and that can affect your end result as well.


As has been pointed out, one isn't cheaper than the other. One may have a lower price per share than the other, but that's not the same thing. Let's pretend that the total market valuation of all the stocks within the index was $10,000,000. (Look, I said let's pretend.) You want to invest $1,000. For the time being, let's also pretend that your purchasing 0.01% of all the stock won't affect prices anywhere. One company splits the index into 10,000 parts worth $1,000 each. The other splits the same index into 10,000,000 parts worth $1 each. Both track the underlying index perfectly. If you invest $1,000 with the first company, you get one part; if you invest $1,000 with the second, you get 1,000 parts. Ignoring spreads, transaction fees and the like, immediately after the purchase, both are worth exactly $1,000 to you. Now, suppose the index goes up 2%. The first company's shares of the index (of which you would have exactly one) are now worth $1,020 each, and the second company's shares of the index (of which you would have exactly 1,000) are worth $1.02 each. In each case, you now have index shares valued at $1,020 for a 2% increase ($1,020 / $1,000 = 1.02 = 102% of your original investment). As you can see, there is no reason to look at the price per share unless you have to buy in terms of whole shares, which is common in the stock market but not necessarily common at all in mutual funds. Because in this case, both funds track the same underlying index, there is no real reason to purchase one rather than the other because you believe they will perform differently. In an ideal world, the two will perform exactly equally. The way to compare the price of mutual funds is to look at the expense ratio. The lower the expense ratio is, the cheaper the fund is, and the less of your money is being eroded every day in fees. Unless you have some very good reason to do differently, that is how you should compare the price of any investment vehicles that track the same underlying commodity (in this case, the S&P 500).


The website likely has no differentiation. I am hoping, however, the service does.   I'm not looking to break down a fledgling business plan, I am just looking for information on how and where to build or buy a website that performs thusly:  Company creates account and posts the service they can provide, Consumer applies for said service, I deal with some required middle-man work which is at the cost of the consumer.


No.  In good years, the income seems free. In a down year, particularly a bad one, the investor will be subject to large losses that will prove the strategy a bad one.  On the other hand, one often hears of the strategy of selling puts on stock you would like to own. If the stock rises, you keep the premium, if it drops, you own it at a bit of a discount from that starting point.