Sure, the bible says you should stone gays. Do you see a bunch of people stoning gays? No. But the Koran's peeps, well, they're acting out the Koran's commands to the T.   Did you read any of that link on the Koran, or do you need me to cut and paste some of the verses? I think you will find them interesting unless your mind is closed off.   Is racist your favorite word?


Does it teach anything else other than the DCF approach?  I've already learned that in on of my financing courses. I'm more interested in the more exotic valuation techniques, and how to use and weigh multiple techniques for valuation.


I sold mine in 2011 for $1300 (used, with box, plaque sticker not applied).  They peaked around Force Awakens, similar to the one I sold were going for over $2000 and NIB over $3000.    Unfortunately, I have a feeling the new set is going to depress the resale of 10179.


>Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist.”  Funny how that defunct economist became Keynes himself. Die the hero or live long enough to see yourself become the villain.


It's not quite clear what you are asking, so I'll answer a few possible interpretations. Businesses pay taxes on their profits. So if your business took a million pounds in revenue (e.g. sold a million pounds worth of stuff) then you would subtract (roughly speaking) everything the business spent on making and selling that stuff, and pay taxes only on the profit. VAT however is a different matter, and you would have to pay VAT on all of that income (technically the VAT portion isn't even income - it's tax you are forced to collect on behalf of the government). If your business made a million pounds pounds profit, it would pay tax on all of that million (subject to what a tax accountant can do to reduce that, which ought to be considerable).  You can't subtract your personal living expenses like that. However the company can pay you a salary, which counts as an expense and the company doesn't pay tax on that. You might also take some money from the company as dividends. Both salary and dividends count as personal income to yourself, and you will need to pay personal income tax on them.  As for the Ferrari, it depends on whether you can justify it as a business expense. A lot of companies provide cars for their employees so that they can use them for business - however you have to be able to show that IS for business, otherwise they are taxed like salary. The rules for company cars are quite complicated, and you would need an accountant. If this is a real rather than hypothetical situation, definitely get a tax accountant involved.


Everyone understands the necessity of those bailouts today. But I still contest that they were a net negative for the common man and a HUUUUUUUUUGE positive for the bank executives. In fact, the fallout from it - the conceptualisation of TBTF and GSIB etc - is basically a blank check for these banks. Oh yes, so many stringent regulations that we know for a fact that these banks will flout at the first opportunity available to them. And then, assuming it doesn't bring the global economy to its knees, someone will slap a billion dollar fine on them and let them go on their merry way.


Alex's answer is very helpful. However, I would like to add why it might be convenient to use money factor instead of APR when computing lease payments. Money factor makes it easier to compute the lease payments manually. Lease payments have two parts: Here is how to calculate them: Where, This is a computation that anyone can perform without any tools.


why should i have to make something with my cash?  i'll fuking hold it and face losing a few percentage of purchasing power.   i'd rather have liquity in these peril times.  besides, people that held cash in 2008 had a once in a life time buying opportunity when all assets fell 60-90%.


"Not entirely. For a creditor to go after the ""parent company"" in one of these cases requires the courts to be willing to ""pierce the corporate veil"" (in legal parlance). Typically this is only done if the parent company set up the wholly-owned-subsidiary in order to perpetrate a fraud. In this case, the subsidiary has a totally legitimate function - to sequester risk.  While you're right that the parent company may have to offer some form of credit guarantees to get the subsidiary to get a loan, often those guarantees still don't create nearly as much exposure for the parent company."


"Depends. If you can choose where to relocate to, then I second the ""no income tax"" states. But even of these chose wisely, some have no income taxes at all, others have taxes on some kinds of income. Some don't have neither individual nor corporate taxes, some tax businesses in some ways. Some compensate with higher property taxes, others compensate with higher sales taxes. On the other hand, you might prefer states with income taxes but no sales taxes. It can happen if your current income is going to be low, but you'll be spending your savings. If you don't have a choice (for example, your employer wants you to move closer to their office), then you're more limited. Still, you can use the tax break on moving expenses (read the fine print, there are certain employment requirements), and play with the state taxes (if you're moving to a state with less/no taxes - move earlier, if its the other way - move later). Check out for cities that have income taxes. In some states it cannot happen by law (for example, in California only the state is allowed to collect income taxes), in others it is very common (Ohio comes to mind). Many things to consider in New York. New York City has its own income tax (as well as Yonkers, as far as I remember these are the only ones in the State of New York). So if you want to save on taxes in NYS but live close to the city, consider White Plains etc. If you work in NYC its moot, you're going to pay city taxes anyway. That is also true if you live in NJ but work in the city, so tax-wise it may be more efficient not to live across state lines from your place of work."


Not sure of the question here if by IPO(initial public offering) you mean private company then:  A company can invest its excess money into other companies, to earn returns.  Also a company that is private can attract private investment if the sector is doing well on publicly traded markets.  Finally a company can diversify away risk, by holding shares of a company that would benefit in the event of a disruption in their own industry.


It is possible that the person you were on the phone with was in possession of the credentials of a paypal account that was not actually theirs.  The sad truth is that there are a lot of scammers out there and they can be very convincing while talking to you on their burner phone.     Then they send you money and before the actual owner of the account can do anything the scammer gets you to surrender your goods.  Then the payment gets reversed and when you call that phone number they used no one answers, or the phone is not in service. For this reason do not release the product until you actually have the money.  For software work use an escrow account at a reputable bank to ensure that the funds will be available when you complete the work.


Typical BI story.  No original content- just commenting on an actual piece of journalism which they found elsewhere on the internet.  In short- it's blogspam.  [Here's the original ZDNet article](http://www.zdnet.com/blog/bott/firefox-faces-uncertain-future-as-google-deal-apparently-ends/4241) they're using as the sole basis for their article.


No, the interest payments you receive do not change. To help avoid confusion, it is better to call those payments the coupons of the bond. Each treasury note or bond is issued with a certain coupon that remains fixed throughout its whole life. However, as the general level of bank interest rates change maybe because the FED is moving its deposit rate for banks, the value of the treasury bond will change. At maturity it will always be worth its face value, but at any time before that its price will depend on the general level of interest rates in the country. Because of the way a bond is structured, it is usually possible to convert the bond's price into a yield, which is usually a percentage like 3% or sometwhere near the current level of general interest rates. But don't be confused, this yield is just an alternative way of stating the current price of the treasury bond, and it changes as the prices of the bond changes. It is not the coupon that is changing, but the yield.


And we are waiting for runs that are soon to come . . .demonetization has left people with little cash on hand and as soon as the first weasel goes pop . .we will see a nice chain reaction . .because the people who didn't build public toilets . . . .did some pretty fancy banking . . .derivatives anyone?


"All the EMV contactless payment cards (paypass, expresspay, paywave etc) will sometimes 'request to go online' when making a transaction, which translates into asking for a PIN. The info you received with the card should have included something about this. For example, the Mastercard information about PayPass includes the note ""Contactless"" payments are tapped, not swiped. It's simple. [...] † there may be some instances when you are asked to enter your PIN   number for security reasons or for purchases above a certain amount. You're not doing anything wrong; there's nothing wrong with the readers or your card; this is a standard feature of contactless. If you're asking ""why did my issuer's risk model instruct my card to go online for these particular transactions?"", well, we can't answer that, and your issuer probably won't, 'for security reasons'. Also, I've just seen that you say ""I have never paid using it before"" - I believe ALL contactless cards will require a successful PIN transaction before any contactless transaction can succeed - this is to stop someone who's intercepted your card in the mail from being able to spend your money..."


Here's a simple example for a put, from both sides. Assume XYZ stock trades at $200 right now.  Let's say John writes a $190 out of the money put on XYZ stock and sells this put to Abby for the premium, which is say $5. Assume the strike date, or date of settlement, is 6 months from now.  Thus Abby is long one put option and John is short one put option (the writer of the option is short the option). On settlement date, let's assume two different scenarios: (1) If the price of the stock decreases by $50, then the put that Abby bought is 'in the money'. Abby's profit can be calculated as being strike price 190 - current stock price 150 - premium paid 5 = $35 So not including any transaction fees, that is a $35 dollar return on a $5 investment. (2) If the price of the stock increases by $50, then the put that Abby bought is worthless and her loss was 100%, or her entire $5 premium.  For John, he made $5 in 6 months (in reality you need collateral and good credit to be able to write sizable option positions).


">You've been reading too much Rand though.    Who judged who first?     >And this applies to you whole world outlook.    Sounds like you've got me all figured out. Funny, I don't remember discussing my ""whole world outlook"" with you."


"Sigh when will someone teach zero hedge how to make a rigorous argument.  None of those facts actually prove anything. Heck some don't have anything at all to do with NAFTA. Not a single ""fact"" listed actually makes a case for a causal link between ""xyz negative thing"" and NAFTA.  I'm sure a few of them have actually have a causal relationship behind them (I didn't get to read all the links cause time) but they don't even hint at a the existence of an casual relationship."


Can't read the article. But WHO gets 78 trillion richer? Cause so far it damn sure has not been the working class of the majority of countries in the world. Rather it's been corporations who massively benefit from the cheap labor that globalization provides. And politicians being bribed/blackmailed to let it happen has pretty much been what's happening all along.


Do you feel that if you had a gotten an undergraduates degree in economics or finance you may have had an easier time on the CFA initially? You mentioned that you had a degree in computer science and math, so do you think learning most of the concepts for the way economics works on top all of the CFA materials put you at a disadvantage?  I only ask because a friend of mine who took (and failed) level 1 mentioned that he did surprisingly worse on basic micro/macro economics than he would have thought, even with his undergrad in finance. Mainly because (he said) it had been so long since he was in an economics class, which is typically a class business students take freshman year.  I apologize for the multiple questions on the subject, it's just rare I am able to take time to think and formulate questions I would want to ask a charter holder.


You asked specifically about the ROTH IRA option and stated you want to get the most bang for your buck in retirement.  While others have pointed out the benefits of a tax deduction due to using a Traditional IRA instead, I haven't seen anyone point out some of the other differences between ROTH and Traditional, such as: I agree with your thoughts on using an IRA once you maximize the company match into a 401k plan.   My reasoning is: I personally prefer ETFs over mutual funds for the ability to get in and out with limit, stop, or OCO orders, at open or anytime mid-day if needed.  However, the price for that flexibility is that you risk discounts to NAV for ETFs that you wouldn't have with the equivalent mutual fund.  Said another way, you may find yourself selling your ETF for less than the holdings are actually worth.  Personally, I value the ability to exit positions at the time of my choosing more highly than the impact of tracking error on NAV. Also, as a final comment to your plan, if it were me I'd personally pay off the student loans with any money I had after contributing enough to my employer 401k to maximize matching.  The net effect of paying down the loans is a guaranteed avg 5.3% annually (given what you've said) whereas any investments in 401k or IRA are at risk and have no such guarantee.  In fact, with there being reasonable arguments that this has been an excessively long bull market, you might figure your chances of a 5.3% or better return are pretty low for new money put into an IRA or 401k today.  That said, I'm long on stocks still, but then I don't have debt besides my mortgage at the moment.  If I weren't so conservative, I'd be looking to maximize my leverage in the continued low rate environment.


"That is such a rediculous argument. If your ideas and beliefs were as ideologically superior as you claim, you should *want* to have people argue with you. Shutting down the free speech of your opponents does not do anything positive for propelling intellectual debate.  Anti American behavior is burning the flag, something we only see by those who oppose Trump.  Anti American is wanting the federal government to control and distribute everything in favor of a real capitalist financial economy that has little to no government intervention. If a business fails, another one is always there to take its place.   Anti Americans dont mind allowing the politicians from across the sea to interfere and play such a huge role in how we perform politically. That is *very* anti American.  Lifting useless regulations of off small business creation and profitability is American behavior.  Building factories and having companies work and relocate to to the USA is better for the economy, and for the planet. The factories here have to be much more air friendly than a factory in China or India. Win win.  There are many instances not listed here bc im on mobile that are very anti American, and it only comes from those against Trump. So thats why some people get the nickname ""fake American""."


Animal Crossing is great for all ages and teaches kids the importance of saving money to pay off a debt for a home and to become successful by helping out the community and what it gets you.


This started as a comment but then really go too long so I am posting an answer: @yarun, I am also using GnuCash just like you as a non-accountant. But I think it really pays off to get to know more about accounting via GnuCash; it is so useful and you learn a lot about this hundreds of years old double entry system that all accountants know. So start learning about 5 main accounts and debits and credits, imho. It is far easier than one can think. Now the answer: even without balancing amounts exactly program is very useful as you still can track your monthly outgoings very well. Just make/adjust some reports and save their configurations (so you can re-run quickly when new data comes in) after you have classified your transactions properly. If I still did not know what some transactions were (happens a lot at first import) - I just put them under Expenses:Unaccounted Expenses - thus you will be able to see how much money went who knows where. If later you learn what those transactions were - you still can move them to the right account and you will be pleased that your reports show less unaccounted money. How many transactions to import at first - for me half a year or a year is quite enough; once you start tracking regularly you accumulate more date and this becomes a non-issue. Reflecting that personal finance is more about behaviour than maths and that it is more for the future where your overview of money is useful. Gnucash wil learn from import to import what transactions go where - so you could import say 1 or 3 month intervals to start with instead of a while year. No matter what - I still glance at every transaction on import and still sometimes petrol expense lands in grocery (because of the same seller). But to spot things like that you use reports and if one month is abnormal you can drill down to transactions and learn/correct things. Note that reports are easy to modify and you can save the report configurations with names you can remember. They are saved on the machine you do the accounting - not within the gnucash file. So if you open the file (or mysql database) on another computer you will miss your custom reports. You can transfer them, but it is a bit fiddly. Hence it makes sense to use gnucash on your laptop as that you probably will have around most often. Once you start entering transactions into GnuCash on the day or the week you incur the expense, you are getting more control and it is perhaps then you would need the balance to match the bank's balance. Then you can adjust the Equity:Opening Balances to manipulate the starting sums so that current balances match those of your bank. This is easy.  When you have entered transactions proactively (on the day or the week) and then later do an import from bank statement the transactions are matched automatically and then they are said to be reconciled (i.e. your manual entry gets matched by the entry from your statement.) So for beginning it is something like that. If any questions, feel free to ask. IMHO this is a process rather a one-off thing; I began once - got bored, but started again and now I find it immensely useful.


> ...he will have more time to LOWER RIPOFF DRUG PRICES!  You do understand that I see President Trump's flip-flop on Medicare negotiating drug prices as evidence that he does not care about actually lowering the prices on drugs?  If he did, part-D would be the obvious first stop.  This tweet just reinforces my belief.  President Trump is saying it is not his job to lower drug prices but Ken Frazier's.


"Talking about counterfactuals is hard. The thing is, while these events are hard to predict far out at a micro-detailed level, climate scientists have predicted that such storms would and will happen with increasing frequently such that I'm not sure it's fair to say ""would have"" except in someone's fantasy world where climate isn't happening. Increasingly, these will define the fabric of our existence. When Miami floods, will we say ""housing prices would have been up but for the flooding""? When crops fail, will we say ""crop yields would have been great but for the droughts/floods/heat wave/insect infestation/death of bumblebees""?  Or will we at some point acknowledge that these are things as real as cybersecurity that we must build into our infrastructure and that must not be apologized for as ""one time expenses"" but must be seen as ""chronic costs"", even ""chronic pressures on cost with escalating frequency and power""?"


"In regards to the suit: the flap in the back might have a few stitches holding it together and some pockets may be sewn shut so you need to at least cut the ones on the back flap. There's no easier way to show you don't know what you're doing than showing up with those stitches in place.   Have a story ready for any BS interview question they could ask. They're all the same questions ""tell me about a time when you had to improve a project halfway through."" If you don't have a story for it just make one up but don't make it obvious.   Good handshake with eye contact is necessary. I'll edit with more if I think of anything. I ran a professional org in college so I gave presentations on interviewing all the time. Just be yourself."


If you're a non resident then you owe no capital gains tax to Canada. Most banks won't let you make trades if you're a non-resident.  They may not have your correct address on file so they don't realize this.  This is not tax law but just OSC (or equivalent) regulations. You do have to fill out paperwork for withholding tax on OAS/CPP payments.  This is something you probably already do but here's a link .  It's complicated and depends on the country you live in. Of course you may owe tax in Thailand, I don't know their laws.


Start with putting money in gold coin bullion: If you are a beginner, make certain you start things with putting money in gold coin bullion . They are very simple to go with including have very minimum quantity of risk involved . After you buy gold bullion or gold coins you will get the same from any delivery company.


Hire a lawyer familiar with transactional law and they will have a examples in house. Any debt that large will have nuances that Google or Reddit can't help you with.   A term sheet is a term sheet but you will want it to be substantial and air tight.


I guess he's probably right when he says it's over 8 years since the last financial crash and that time has come to another crisis. It makes sense when you look at things through K-waves optic (in a short term sense).


"If the amount is large, ""wire transfer"" is usually the cheapest option. Mane banks have online option for it."


"Nobody has mentioned your ""risk tolerance"" and  ""investment horizon"" for this money. Any answer should take into account whether you can afford to lose it all, and how soon you'll need your investment to be both liquid and above water. You can't make any investment decision at all and might as well leave it in a deposit-insured, zero-return account until you inderstand those two terms and have answers for your own situation."


"> But what exactly are the new jobs that will be created? Nadella says to expect “people on people jobs.” These require skills that demand significant interaction, such as eldercare,   In other words, low paying undesirable boring jobs... until a robot can do those jobs too...  > “So much of the last 10 years has been consumption … now is the time for creation -- like in [building video game] Minecraft, with [Microsoft Paint spinoff] paint3d,”   ... to make money for the platform owner (Microsoft who owns Minecraft) and almost nothing for you... and you can do this ""creative work"" only in your 20s or 30s... after which you are outdated and not so creative... great job security. I never heard of people becoming millionaires from creating apps on Google/Apple, youtube channels or all the other ""creative"" channels.  **BOTTOM LINE: the whole purpose of Robots and AI is to take jobs and work away from people! Simple as that.**  **Currently, millions of low skilled people have to do work done by robots and highly skilled people do the work done by AI. With robots and AI, either you are totally useless for any work (low skill people) or lose you job/income (highly skilled).**  I am not against robots or AI, but I think they should be regulated. For example, all customer service (i.e. talking to a human being) must be done by humans, where AI is just a tool to help that customer service human. Another example, every group of robots doing work must be supervised by a human who gives them instructions what to do and how to do it."


Those points aren't good?  Not to mention you only talk in extremes. I don't think taxes should be abolished. But since it is someone else's income, it needs to be used sparingly and efficiently. Subsidizing internet and electric cars aren't something you should be spending millions of people's money in.


For the second part, no most NYSE trades are done electronically.


"Read ""The intelligent Investor"" book before you do anything. I started when I really didn't understand anything about stocks. I bought an internet stock for $150 per share which sold at 75cents a year later. I sold it for a profit but would've been a disaster."


"9% would be an absurdly high rate in the US by today's standards, so you should at the very least consider refinancing to fix that. Paying off completely is of course another way to fix that.  Which approach makes more sense depends on what you plan to do with the money instead if you do refinance -- if you can put it in an investment which yieds a higher percentage than the loan costs you, than refinancing the mortgage could actually be a profitable decision. You also need to consider what the bank will want to see in order to give you a mortgage on the new property. I have no idea whether they'd be happier that you had no prior mortgage, that you had the mortgage but also had the cash to pay it off, or if they wouldn't care. Remember that you want to be able to make at least a 20% down payment on the new property to avoid the insurance fees. That requires that you have a reasonable amount of cash-equivalent on hand. And generally, ""house rich but cash poor"" is an awkward state to be in."


"Could that be that you have been SOLD the notion that antitrust laws are a failed and discredited policy.... by those intent on protecting private cartels? (Republicans). Could it be that the enforcement arm of the government (like the SEC) have been weakened and captured by lobbyists in a revolving door between the private sector and the the government (facilitated by Democrats too)?   With that said, before corporations, we had feudal lords with the same oligopoly/monopoly desires. In capitalism, unchecked greed leads to the destructive behavior of endless accumulation of resources at the expense of others... if you start out from a competitive vantage point. This is the ""free market"" that Republicans harp on about. It is the ""freedom"" to reap your rewards without any obstacles, even if reaping your rewards means gauging customers because you have swallowed up the competition. This is what Republicans want (and what libertarians are too naive to understand). How does this environment protect the small business or how does it benefit consumers?"


"Killing the hive does not kill the bee.  Ask any bee keeper.   > I mean do you WANT a conversation here? Or just another typical Reddit ""pissing"" match?  You tell me!  > but unlike bees, humans CAN survive)  My 95 year old mother could not survive alone.  My two sons were several years old before they could survive for short periods on their own."


Different goals, so different press release styles. People don't really associate Microsoft with hardware, so they need to establish themselves as a player in this market, where Apple was already set to get right into what their latest device does.  I wish them both success... The market is easily big enough for both, and competition benefits us as consumers. Surface looks cool, and is something I've wanted in the past (minus Windows 8), but if I got one, I'd still keep my iPad.


All you personal virtue folks need to realize that as students are crushed under every greater debt loads, in the context of flat wages and a mediocre economy BEFORE the next crash, it will harm the greater economy and you.   No matter how awesome YOU are, students carrying trillions in debt will be folks who can't buy homes and spend a lot less on other things.  Unless you work for a student loan lender, that can hit you too down the road.  A bad economy is bad for all.  The cost of University has spiraled out of control and to absurdly expensive levels, student debt is a society wide problem that will affect the virtuous and the repulsive alike.  Get over yourselves.


justkt's answer lays out the opportunity costs aspect of your question pretty well.  But if I were in your position, extra payments on principal for a home I wasn't planning to retire in isn't the way I'd invest the money.  Housing prices are awful (hence the great deal on what you just bought), and given the number of foreclosures outstanding and the existing uncertainty over the legality of some of them, they're likely to remain awful for years.  Depending on the size of your monthly mortgage payment, if you've got that much free cash after expenses each month, I'd consider the following options instead: You could go with a non-qualified (no tax-deferral benefit) account for the cash emergency fund so you could put any amount above and beyond 3-6 months of living expenses into stocks, index funds, mutual funds, etc. All of these options have the advantage of being more likely to provide a positive return in the 5-7 year time frame.  The cash emergency fund option has the additional advantage of being more liquid than housing--regardless of the current economic environment.


"It is like you are your own boss on the side...  Could seem reasonable, but...  Let me guess, this will NOT count as part of a regular 8 hour day, be applicable toward a 40 hour work week, qualify anyone for over time, and/or qualify workers on the borderline of qualifying for full time benefits as full time.  Also, if packages come up missing it will count directly against the employee and/or be deducted from their normal wages BEFORE the employee receives them.  Walmart will also find a way not be responsible for the administrative overhead required to use one's car in a work capacity.  With employees feeling the social pressure to provide the service ""for the team"" while Walmart doesn't put the procedures in place to make sure that employees ALWAYS have the proper car insurance.  What could go wrong?"


I'm not saying to punish the woman or that the kids were accidents.  I just said that the situation was her fault and these are the consequences she now has to deal with.  Regardless of who you want to put the blame on, she put herself in that situation and likely knew that getting pregnant was a possible result of having sex.


Check the rules with your broker. Usually if it expires in the money, the broker would exercise it. But you need to check with your broker about their rules on the matter.


First of all, you'll need a securities account. Nowadays, most large banks offer this as a standard product for all their customers, though it may require some extra paperwork. Then you need to buy shares in the ETF. This is indeed typically done through the stock market, but there are alternatives. Some banks will sell securities to you directly, but usually only those they create themselves (options and such). Some also offer ETF investment plans that allow you to buy shares for a fixed amount each month through the bank. In any case, the bank's online banking interface should support all these options. However, fees are an important consideration! With some banks, the securities account is free, others charge an annual fee. And the fees on stock market transactions and investment plans also vary considerably, so it could be worth it to consider some alternatives.


PayPal will be contacting you shortly, I'm sure.  You'll see the reversal on their site in a few days as well as a fee from their end I bet.


The idea of capitalism doesn't apply here along with any other natural rule of economics.  These are government jobs. Has zero to do with supply/ demand etc. and everything to do with what sounded good to a politician on that day.  A lot of good those teachers unions are doing them.... but they help vote in the unions favorite party members!


From March 26th to May 3rd FACE had an average trade volume of 11,657 shares. May 4th Bloomberg published its widely reported [article](http://www.bloomberg.com/news/2012-05-03/zuckerberg-s-facebook-ipo-will-make-him-richer-than-ballmer.html) about how the upcoming Facebook IPO would make Zuckerberg one of the richest people in the world. On May 4th, 212,000 shares of FACE were traded (an 18x increase) and the price jumped from 3.10 to 3.79, up 22%.  Maybe it's not that surprising, considering even news articles in [Yahoo! Finance](http://finance.yahoo.com/news/facebook-underwriters-1-1-percent-010320322.html) can't keep the companies straight.  Still, if you accidentally bought FACE it's not all that bad. In fact, [you're doing much better](http://finance.yahoo.com/echarts?s=FB+Interactive#symbol=fb;range=20120518,20120601;compare=face;).  Yes, FACE's 10-Q came out the previous day, but past 10-Q releases didn't result in any sudden increase in trading volume at all: [11/3/2011](http://finance.yahoo.com/echarts?s=FACE+Interactive#symbol=face;range=20111018,20111111;), [8/4/2011](http://finance.yahoo.com/echarts?s=FACE+Interactive#symbol=face;range=20110718,20110811;), [5/5/2011](http://finance.yahoo.com/echarts?s=FACE+Interactive#symbol=face;range=20110418,20110511;)


"I'm going to put this very, very simply.  **The banking system does create money through leveraging and the money multiplier**, this is absolutely true.  The current theory is that this is how the economy is expanded because of the basic premise that an economy can only grow with ample amounts of **Land, Labor, and Capital**, and it is assumed that the money multiplier allows the development and purchase of all of these things that have the **net effect of growing the economy beyond the level of debt built up as part of the process of wealth creation.**  I have no problem with the above in principle, the problem comes when the cycle of debt is built up recklessly and irresponsibly with little, if any, regulation.  That leads to a system in which debt and interest buildup faster than wealth is created.  I also have issues with who ends up holding a ""piece of the pie"", as it is called, but that's a separate issue entirely.  **The Fed's job is to stop the economy from collapsing overnight due to fluctuations in the price of money.**  It would be no different if money was backed by gold, and in fact part of the reason why we abandoned that notion as laid out at Bretton Woods was because of how **Gold was being sold as a commodity thus affecting the price of money the way speculation on fiat currency occurred**, due in part to Charles De Gaul being an asshole.  In today's world where **arbitrage** happens almost instantaneously and markets shift rapidly there is **danger** in not having a Central Bank that can regulate the price of currency to prevent disastrous inflation or economy shattering unemployment.  Every nation in the world has one because they are necessary in the context of the current economy.  **Banking regulation** is a multi-tiered problem that involves regulatory capture, Congressional payoffs, a closed circle in terms of who is qualified to even run such institutions, and numerous other problems, but **this is not unique to the banking industry, every regulatory body in existence suffers from the same problem.**  At the moment **the Chairman of the Fed is an appointed position that exists so that key economic decisions will be isolated from the political pressure that elections result in, avoiding hastily thrown together and shoddy economic policy based solely upon politics.**  The independence of Chairmen like Greenspan is questionable, but in theory it's supposed to prevent kneejerk decision making.  **In short:** What I just explained is what everyone else here already knows.  Welcome to the party."


"Great, I wonder how I the customer will be paying for this. I don't know exactly when it happened or the specifics but BOA lost 500 million in some bad loan or something a while back and a month later started taking on fees to what used to be free services. They started charging 5 dollars for a replacement debit card and other stuff like that. Their explantation for it was ""we have the right to make a profit"" when really it just seems they were covering their asses. Instead of cutting costs internally like an ethical/responsible company would, they make their customers pay for it. As soon as my credit card account goes up for renewal I am done with that bank."


">Mike Pence Sums up Trumpcare Perfectly: ""No Money, No Healthcare""  He never fucking said that.  Here's his actual tweet:  >Before summer’s out, we'll repeal/replace Obamacare w/ system based on personal responsibility, free-market competition & state-based reform  If you want to draw ""No Money, No Healthcare"" as a conclusion, fine, but you can't assign it as a quotation to Mike Pence if he never said it. I have no love for Mike Pence, but I do respect the laws of punctuation and basic journalistic integrity.  If someone is really that bad, which he likely is, then you should be able to damn him for what he actually says or does. You shouldn't have to resort to simply making shit up."


"A Bloomberg terminal connected to Excel provides the value correcting splits, dividends, etc. Problem is it cost around $25,000. Another one which is free and I think that takes care of corporate action is ""quandl.com"". See an example here."


Bigger than the three mentioned above is on-time payment and/or collections activity. If your report shows you have not paid accounts on time, or have accounts in collections, that is almost guaranteed decline except for the least desirable cards. Another factor is number of hard inquiries. If you have been on a recent application spree, you will get declined for too many recent inquiries. Wait 12-18 months for the inquiries to roll off your report. Applications for business cards are a little tricky depending on whether you are applying as an individual or as an employee of a corporation. I usually stay away from these as you can be liable for company debts you did not charge under the right circumstances.


We provide you best dating experience in the Australia. We can provide you all contact relation after setting up your profile. Many people want to online to seek the girl, our website is the best platform for you! If you want to girls for sex, then you can visit our website and get all Australian girl contact after registration. We also provide offer a range of dating tips and an advice section.


Tips and taxes definitely help push that up. A $9 burger is over $10 with the tax rate of 7.5% sales, 3.5% city, and another 3.5% restaurant tax. Then a $2 tip is abysmal, but now you are over the $12 mark.


With the caveat that you should always read the fine print... Generally, the high water mark is the absolute highest mark at end of any quarter (sometimes month) over all the quarters (months) in the past.  Intra-quarter marks don't matter.   So, in your example the mark at the end of the second quarter would only be the new HWM if that mark is higher then the mark at the end of every previous quarter.  Again, what happened in the middle of of the second quarter doesn't matter. For hedge funds, the HWM may only be be from the date you started investing rather than over the whole history of the fund, but I would be surprised if that was true for any mutual funds.  Though, as I may have mentioned, it is worth reading the fine print.


"Tumble? Haha, spreading fear, uncertainty and doubt to get a entry price point, that's what I'm seeing in this 'tumble'. Bitcoin was under 2k in March 2017. People have enjoyed an amazing bull run this year. To correct at $3,500 USD would still be a decent profit. RemindMe! One Year ""Bitcoin price today"""


"This is the best tl;dr I could make, [original](https://hbr.org/2017/10/the-great-recession-drastically-changed-the-skills-employers-want) reduced by 91%. (I'm a bot) ***** > In recent research we investigate how the demand for skills changed over the Great Recession.  > In summary, we find that businesses more severely affected by the Great Recession were more likely to invest in new technology, and while this technology may have helped replace some forms of routine jobs, it apparently increased the demand for greater worker skills for other routine jobs.  > Public policy has yet to figure out how to reallocate workers on a large scale following a recession, or provide for training in the new skills demanded by employers, but the need to do so is likely only to grow.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77hsq1/the_great_recession_drastically_changed_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~231561 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **skill**^#1 **job**^#2 **Recession**^#3 **technology**^#4 **change**^#5"


If speculators were in control of the US economy, the price would be very different. Ye they have no intention of possessing the actual commodity.  I know it's a left wing thought, but it is popular with THIS independent. People that trade in a commodity must be required to take possession of it. That alone will cut down on prices.


That's my point entirely. GM's electric arm alone should be worth more than Tesla but neither me or the investor community at large believe in their ability to deliver. They can't see a market gap if begs them to buy their vehicles.


The good news is that your parent organization is tax exempt and your local organization might be. The national organization even has guidelines and even more details.  Regarding donations they have this to say: Please note: The law requires charities to furnish disclosure   statements to donors for such quid pro quo donations in excess of   $75.00.  A quid pro quo contribution is a payment made partly as a   contribution and partly for goods or services provided to the donor by   the charity. An example of a quid pro quo contribution is when the   donor gives a charity $100.00 in consideration for a concert ticket   valued at $40.00. In this example, $60.00 would be deductible because   the donor’s payment (quid pro quo contribution) exceeds $75.00. The   disclosure statement must be furnished even though the deductible   amount does not exceed $75.00. Regarding taxes: Leagues included under our group exemption number are responsible for   their own tax filings with the I.R.S. Leagues must file Form 990 EZ   with Schedule A if gross receipts are in excess of $50,000 but less   than $200,000. Similar rules also apply to other youth organizations such as scouts, swim teams, or other youth sports.


"When I deposit my paycheck in CapOne I have an email before I am out of the app that they received my check. I have access to some portion of the cash now and the rest the next business day, however they put things in order to NOT overdraft me. For instance, if I am overdrawn $150 but the charge is ""pending"", putting the check in they will deposit the check before posting the charge that would overdraft me.  Plus I can use Apple Pay with it.  My local CUs have app deposit, but it takes DAYS for a deposit to just show up. Plus, no Apple Pay."


Ugh. Please don't use Damode's models. Guy is brilliant but his model are absolute shit and super annoying to audit. Much better to read the theory and build his shit from scratch in a way that effects the theory. Then use his models to check that your output is in the right ballpark. You will get a MUCH better grasp of modeling and of valuation this way.


Correct, kept orange demand in a microcosm to simplify.  In the example, ~1 or 2 people would have been highly paid to build the machine, and the house would have created temp jobs for 2 or 3, or the money would have flowed to another tree owner and put into a bigger house.  Point is the new inflow of money hasnt cycled through the economy fast enough to have an effect on consumptive demand. New money has a slower velocity with net effect on inflating asset prices up.


>In the case of a bad fiat currency, you can throw out (or, in worst case, hang) the central bankers  Oh you certainly could in times past. But taking into account modern military technology combined with propaganda technology, this kind of scenario is hard to imagine.


"sometimes. Very often, there is two things at play: with the good ones, you exchange money for a service that cuts down on the time it takes to learn or improve certain skills. This can be done by specific trainings, this can be done by making a digestible summary of information etc.  In that case, I don't think it's a waste of time or a waste of money. However, on facebook you see a lot of ""business trainers"" that don't bring added value; the one literally repeating what facebook has in their manuals but charge for it. the ones who are not bringing new insights on how you can improve and run your business, or how you can improve your management skills... Because as your business grows, you will need to learn more of those and you'll have less time to learn them in. It's about weeding the bullshit out."


"First off you are either lying or are seriously disillusioned about the recruiting process because it is very common knowledge that trading puts significantly less emphasis on GPA that IBanking. .  Secondly, why are you making the assumption that there was nothing exemplary on their resume? Having a low GPA doesn't automatically imply that the person's resume is trash.   And again, if ""no one"" got past the initial round of interviews because of a 3.2 GPA I know quite a few firms who would be out some very good traders."


"As previously answered, the solution is margin. It works like this: You deposit e.g. 1'000 USD at your trading company. They give you a margin of e.g. 1:100, so you are allowed to trade with 100'000 USD.  Let's say you buy 5'000 pieces of a stock at $20 USD (fully using your 100'000 limit), and the price changes to $20.50 . Your profit is 5000* $0.50 = $2'500. Fast money? If you are lucky. Let's say before the price went up to 20.50, it had a slight dip down to $19.80. Your loss was 5000* $0.2 = 1'000$. Wait! You had just 1000 to begin with: You'll find an email saying ""margin call"" or ""termination notice"": Your shares have been sold at $19.80 and you are out of business. The broker willingly gives you this credit, since he can be sure he won't loose a cent. Of course you pay interest for the money you are trading with, but it's only for minutes. So to answer your question: You don't care when you have ""your money"" back, the trading company will always be there to give you more as long as you have deposit left. (I thought no one should get margin explained without the warning why it is a horrible idea to full use the ridiculous high margins some broker offer. 1:10 might or might not be fine, but 1:100 is harakiri.)"


One of the easiest mistakes to make in business is assuming that your own anecdotal experience applies to everyone on earth. It doesn't, you'd be surprised how different people can be sometimes. People do see and click on ads, you just don't belong to this group, but it's very much alive. And while Ad Blocker usage is increasing it pales in comparison to the amount of people using the internet on a regular basis; it will always represent a small percentage of the internet population.


Since you say 1099, I'll assume it's in the US. :) Think of your consulting operation as a small business. Businesses are only taxed on their profits, not their revenues. So you should only be paying tax on the $700 in the example you gave. Note, though, that you need to be sure the IRS thinks you're a small business. Having a separate bank account for the business, filing for a business license with your local city/state, etc are all things that help make the case that you're running a business. Of course, the costs of doing all those things are business expenses, and thus things you can deduct from that $1000 in revenue at tax time.


That is not the point. The point is that the typical item in a supermarket HAS travelled 1500 miles, on average to get to that shelf. I'm not surprised you're unaware of this, THAT is what I'm getting at. You should WORK on your skills of making reason.


Good. I would be happy if every Morgan Stanley employee lost his or her job. MS is a terrible, terrible company, and I hope that everyone who has ever worked there, their children, and their children's children live in penury for the rest of their lives.


The PPF and NSC can broadly be compared as below; PPF is public provident scheme with initial period of 15 years and can be extended by 5 yrs blocks. There is a minimum investment of Rs 500 every year and a maximum of Rs 1,50,000 per year for 2014-15 financial year. The gains from PPF are also exempt from any and all capital gains tax. NSC is like fixed deposits for a period of 6 years. They can be purchased from Post office in multiples of Rs. 100, Rs. 500, Rs. 1,000, Rs. 5,000 & Rs. 10,000. There is no maximum limit of purchase, however tax rebate is only to the extent of Rs 1,50,000 on 2014-15 financial year.  Interest Rate: Both currently offer 8.75% interest rate. Incase of PPF the interest rate is declared every year and is applicable to the entire invested corpus. In case of NSC, the interest is fixed for the tenure of the investment, changes in interest are applicable for next investments. The interest is compounded   Account Operation:   Withdrawals: In PPF the first withdrawal is possible in the 7 years, for 50% balance of the 4th year and like wise for subsequent years. In NSC there is no premature withdrawal, however one can get loan from Banks by Hypothecation of the certificates.   Tax Benefits: Both PPF and NSC enjoy tax benefits under 80C. However the PPF follows what is called an EEE regime, under which the Investment is exempt from tax, the interest accrued is exempt from tax and the withdrawal is also exempt from tax. The NSC however only the investment is exempt from tax, the interest earned has to be shown as income and would be treated as invested. On withdrawal, the interest would be taxed accordingly. The best benefit of PPF account cannot be attached by court of law in case one comes under financial liability. IE the money in the PPF account can only be used by you. Hence it would make more sense to invest in PPF


They mention the struggling economy but not McD's caving to the franchisees and getting rid of the dollar menu at precisely the wrong time.  Also, McD's long-time strength -*consistency* is now a given in any franchise operation. It isn't novel anymore and is perceived as *bland sameness*.  The posts about Five Guys, Whataburger, In-N-Out, etc. show that regional favorites still have an impact and a place in our hearts and there's the smaller nationals as well, like White Castle, Carls Jr./Hardee's, and A&W.  Whenever I visit Washington or Oregon Burgerville USA is de rigeur, or Arctic Circle or SteakBurger.  Also, the article talks about burgers vs. 'Other' like OS market share. Does that make Fast Casual the iOS of dining (flame bait)? Does that make the burger joints equivalent to Android version fragmentation?  Edit: fixed typos from mobile posting.


Depends on if the stock pays a dividend or not. Some companies in their early years may choose to not pay dividends. Your calculations are off as the dividend stated is annual that you'd have to divide by 4 to get what the quarterly amount would be and there can be variances as Ellison's compensation package may well include options so that the number of shares he owns could fluctuate over the course of a year.


See that's just it, the value of AIM is purely in the user base.  Unless you could purchase the user base, there are already stronger competitors.  And AIM clearly believes that its not even worth the sale.  What I mean is, suppose they believe they could raise 5 million by selling the user base (say $5 per active user).  They must be estimating their costs of transitioning it to a new owner to be higher than that.  The main issues are privacy and security.  Read the other comments in this thread, you're talking about oil companies and banks using it, they need a very high assurance level that a startup probably won't be able to provide.  Only an experienced tech company with strong financial backing would be able to make a move here, and I highly doubt they made the decision to shut it down without examining these avenues already.


"They may be confused. The combination of ""my wife received stock when younger"" and ""her father just died"" leaves questions. A completed gift, when she was a kid, means she has a basis (cost) same as the original owner of that stock. This may need to be researched. The other choice is that she gets a price based on the date of dad's death, a stepped up basis, if it was his, but she got it when he passed.  No offense to them, but brokers are not always qualified to offer tax advice.  How/when exactly did she get to own the stock. Upon second reading it appears I answered this from a tax perspective. You seem to have issues of ownership. What exactly does the broker tell you? In whose name is the statement for the account holding these shares? Scott, saw your update. For the accounts I have for my 13 year old, I am custodian, but the tax ID is her social security number. When 21, she doesn't need my permission to sell anything, just valid ID. What exactly does the broker tell her?"


people have been comparing bitcoin to tulips for the past 8 years, meanwhile the value has grown from $0 to nearly $6000. Do you have any specific reason why you think bitcoin is comparable to tulips? Do you not see a value of having a currency that is not issued from a central bank, that can be sent anywhere in the world without permission from governments, and wont be debased? please do some research before you just parrot the same mantra that others have been for years.


> Trade with who?  Intra asia trade.  China is worlds largest trading partner. (why would anybody in asia pay middle man, american banks, just to trade with themselves?  Using Yuan is instant 1.5% saving.)  Dollar is mainly for financial and trade with US based countries. Even euro is less hassle than using dollar by now for asian country.


As I recall, the gain for ISOs is considered ordinary income, and capital losses can only negate up to $3000 of this each year.  If you exercised and held the stock, you have ordinary income to the exercise price, and cap gain above that, if you hold the stock for two years.  EDIT - as noted below, this answer works for USians who found this question, but not for the OP who is Canadian, or at least asked a question at it relates to Canada's tax code.


No way, even if the average shipping for an item is $5, which is low... That's only 20 items. Less than 2 items a month for prime shipping to make sense, and if you have prime, you're probably doing a lot more than 2 items a month.


"Take as many practice exams as possible. Get used to testing your sanity, sitting for an extended period of time. I just passed last month using Kaplan.   The class instructor will give you tips. Remember them and practice writing down your ""dump sheet."" Which is any formulas or diagrams that might help you. I included the bond inverse relationship, the options chart, and balance sheet.   When I took the test there were a ton of questions on bonds, options and annuities. Though yours could be very different. I didn't have too much math.  Most importantly, focus on the actual concepts more so than memorizing the correct answers to the practice tests.   Maybe check out Series 7 for Dummies. It helped me understand options overnight.   Relax, you got this."


Đầu tư Siêu lợi nhuận (lợi nhuận > 10%/tháng)  1- Thời gian góp Vốn cá nhân từ ngày 7/5/2012 – 31/5/2012, Vốn góp tối thiểu là 10 triệu Việt Nam đồng và Vốn góp không được rút trước thời hạn trong mọi trường hợp ngoại trừ chính người đại diện yêu cầu tất toán Lãi-Lỗ trước thời hạn.  2- Các thành viên sẽ cùng nhau chia sẽ Rủi Ro–Lợi Nhuận theo tỷ lệ Vốn góp.  3- Cá nhân trung gian chịu trách nhiệm tổng hợp và báo cáo kết quả đầu tư của nguồn Vốn là ông Lê Kim Ngọc, được hưởng các khoản phí khi sử dụng Vốn.  4- Danh mục đầu tư là Vàng Vật Chất, Vàng Tài Khoản, Cổ Phiếu.  5- Cá nhân đại diện sử dụng nguồn Vốn là ông Lê Kim Ngọc, được hưởng 5% chí quản lý Vốn (điều kiện bắt buộc là nguồn Vốn sau khi sử dụng phải lớn hơn nguồn Vốn trước khi sử dụng) và các khoản thưởng khi lợi nhuận vượt 30%/tháng.  6- Thời gian tổng kết, báo cáo, chia lãi theo chu kỳ quý(3 tháng 1 lần) và được thông báo cụ thể cho mọi thành viên đều nắm rõ.  Mọi thông tin xin liên hệ: 0 1992 1111 99


‘Parenting towards Resilience’ was the main theme discussed during a conference held recently, organised by Agenzija Sedqa in collaboration with the Office of the Children’s Commissioner. Ms. Sina Bugeja, Chief Executive Officer, Foundation for Social Welfare Services during her opening address explained that Parenting towards Resilience, was the main theme chosen by the Foundation to celebrate this year’s Children’s Day. Moreover, Ms. Bugeja mentioned the recent launch of the National Children’s Policy that safeguards children’s rights and ensures space for their opinions before decisions are taken. She mentioned that parents need to be kept abreast with changing parenting styles as well as with different influences which might affect children’s development. Ms Helen D’Amato, Commissioner for Children, said that the inherent vulnerability of children requires not only a strong legal and institutional framework of protection but also the consolidated ability on the part primarily of parents to nurture their children in such a way as to instil in them the inner strength and will to overcome the challenges that come their way during their childhood. This is important, she said, as there is a limit to how far the legal and institutional framework can go to actually protect children in the context of an increasingly complex and challenging social and cultural environment, and also because the development of such inner strength and will is an integral part of children’s gradual maturity into strong, independent and responsible adults. The development of this inner strength or resilience should be seen as a main goal of the child’s upbringing. Ms D’Amato thus urged all parents to continue helping their children develop these inner qualities. During his closing address, Mr. Jesmond Schembri, Operations Director, Agenzija Sedqa said that since its inception Sedqa has always been at the forefront of imparting skills to parents to improve their communication with their children. Although the Agency is best known for its work with persons experiencing drug, alcohol or gambling-related problems, it nevertheless invests a lot of resources in prevention. The main presentation of this conference was entitled Inrawmu ‘l Uliedna biex Jilhqu l-Isfidi, delivered Ms. Clarissa Sammut Scerri, Registered Counselling Psychologist and Family Therapist. She is also a full time member of staff within the Department of Psychology at the University of Malta. Her presentation focused on a clear description of what is resilience in children, highlighting the kind of parenting that makes a difference in enhancing resilience in children. She stressed the importance of a warm, parent-child relationship that is attuned to the child’s needs according to his or her unique development. This relationship greatly affects/influences every aspect of children’s learning and development, especially the growth of their inner security, self-worth and ability to build relationships with others. Ms. Sammut Scerri also spoke about how harmony in the family, consistent guidance especially in adolescence, and adequate role models also help to promote resilience in children. She also cited from her research on families with domestic violence highlighting the resilience (and challenges) of these family members. This conference was attended by parents, carers, and various professionals in touch with children of all ages. The workshops delivered were: Families of Children with Disability by Ann Marie Callus and Marchita Mangiafico; Education & Parenting by Juan Camilleri; Role Models by Carmen Delicata; Building Resilience in Adoptive Children by Cher Engerer; The Mindful Parent – Parenting against Substance Use Risk by Anthony Gatt; Building Attachment by Elaine Grech; Parenting Towards Resilience with the Media by John Mallia; Playful Parents, Playful Children, Playful Therapists by Dott Roberta Attard & Daniel Mercieca; Looking After Traumatised Children in Foster Care by John Role’; and Power Struggle between Parents and Young People by Carmen Sammut. http://gozonews.com/20697/conference-on-achieving-better-parenting-for-


These are both trade book companies. Very few of these books are actually sold to students (except for literature texts I would guess). Most of these books are the paperbacks you buy for pleasure reading, or the coffee table books you might have around. You are thinking of Pearson's Higher Education group, which publishes textbooks.  My guess is you wanted to rant about textbooks, though, and used this unrelated news as an outlet.


Modular Kitchen in Udaipur http://kitchensdot.com/ Kitchen dot ComVarious smart themes of modular kitchen are available along with nice kitchen accessories, and a big range of kitchen hardware. Our modular kitchen  span includes Kitchen cabinets, Kitchen Appliances, cooking range, Kitchen chimneys, Kitchen Countertops, slab work etc.   We assure you that products used by us are made of supreme quality raw materials and are free from any defect.


You should definitely pay the remaining loan amount as quickly as possible. A loan in bad debts means that Bank has written it off books as its a education loan and there is no collateral. The defaults do get report to CIBIL [Credit Information Bureau India] and as such you will have difficulties getting credit card / new loans in future. Talk to the Bank Manager and ask can you regularize the loan?  There are multiple options you would need to talk and find out; 1. You can negotiate and arrive at a number. Typically more than the principal outstanding and less than interest and penalties charged. 2. You can request to re-do the monthly payments with new duration, this will give you more time. 3. May one time large payment and subsequent amount in monthly payments. At the end its Bank's discretion whether to accept your terms or not.


Setting up an entity that is partially foreign owned is not that difficult. It takes an additional 1-1.5 months in total, and in this particular case, you guys would be formed as a Joint Venture. It will cost a bit more (about 3-5000). If you're serious about owning a part of a business in China, you should carefully examine what he means by 'more complicated'. From my point of view, I have set up my own WOFE in China, and examined the possibilities of a JV and even considered using a friend to set up the company under their personal name as a domestic company (which is what your supervisor is doing), any difference between the three are not really a big deal anymore, and comes down to the competency of the agencies you are using and the business partner themselves.   It cost me 11,000 for a WOFE including the agency and government registration fees (only Chinese speaking).  You should also consider the other shareholders who may be part of this venture as well. If there are other shareholders, and you are not providing further tangible contribution, you will end up replaced and penniless (unless of course you trust them too...), because they are actually paying money to be part of the business and you are not. They will not part with equity for you.  I'm not a lawyer, but think you should not rely on any promises other than what it says on a company registration paper. Good luck!


I understand, and I'm not necessarily disagreeing; I'm just asking how we know this.  It's one thing if it's a logical deduction you've made, but it's another if there's direct objective evidence.  Do these statistics pertain to all car sales or just factory car sales?  The car I own today is the car I've owned the longest, but it's not because I can't afford to buy another one, it's because I have absolutely no reason to.  My car was made in 2000; it has 115k miles on it.  I could write a long list of things that are still performing just as adequately as they did when it was new, and how aside from being somewhat less powerful it doesn't actually do anything worse than comparable new cars; I'll spare you. :)  Cars in 1970 were never expected to be driven past 100k miles without major service work, including an engine and transmission overhaul.  Many cars well into the late 70s didn't even come with that many digits on the odometer.  The economic conditions you mention, including the astonishing transfer of wealth between classes, are not good signs and it obviously needs to be reversed or this country is going to be a really shitty place to live soon.  And hell yes I believe it's affecting car sales.  But I'm really not convinced it's the main reason car sales peaked 40 years ago.  Housing sales only peaked a few years ago, and both markets have screwed themselves over-issuing credit, albeit in different ways.  Point is, you don't need to be able to afford a car when you can get a loan practically at the push of a button; Americans don't think in terms of what something costs, they think in terms of what it costs *per month*.  Income shrinkage has been allowed to happen because people have been allowed to spend money they don't have.  I know people living paycheck-to-paycheck who spend $150 - $250 per month on just data.  They also have $10k's of revolving credit card debt and, even worse, $10k's in student loans.  $250 per month won't save up for a new Cadillac anytime soon, but it *will* put you into a Cadillac if you don't mind having spent $63k on a $38k car by the time your loan matures.  (Edit: those numbers are pretty exaggerated, $250/mo. wouldn't get you a Cadillac until it was several years old.  You'd still end up paying several thousand more than if you'd paid cash, though... the point is that our economy is floating on credit, and this has allowed rampant overspending and living above means in the average household).  You see what I'm saying?  All other factors being equal car sales should have peaked a few years ago, or at least in the late 90s during the (first?) dot com bubble.  There was *far* more spending power out there - not income, but spending power.


Funny how this thread is full of people saying stores should pay the absolute minimum they can and fire anyone that mouths of about it, while at the same time full of people shocked that they don't get good service there.  Here's a pointer, if you want people who care about their jobs, don't shop at businesses that thrive off of the suffering of their own employees.


"The word ""good"" was used in contrast to ""bad"" but these words are misused here.  There are three kinds of debt: Debt for spending. Never go into debt to buy consumables, go out for a good time, for vacations, or other purchases with no lasting financial value. Debt for depreciating assets, such as cars and sometimes things like furniture. There are those who put this in the same category as the first, but I know many people who can budget a car payment and pay it off during the life of the car. In a sense, they are renting their car and paying interest while doing so. Debt for appreciating, money-making assets. Mortgage and student loans are both often put into the good category. The house is the one purchase that, in theory, provides an immediate return. You know what it saves you on the rent. You know what it costs you, after tax. If someone pays 20% of their income toward their fixed rate mortgage, and they'd otherwise be paying 25% to rent, and long term the house will keep up with inflation, it's not bad in the sense that they need to aggressively get rid of it. Student loans are riskier in that the return is not at all guaranteed. I think that one has to be careful not to graduate with such a loan burden that they start their life under a black cloud. Paying 10% of your income for 10 years is pretty crazy, but some are in that position. Finally, some people consider all debt as bad debt, live beneath their means to be debt free as soon as they can, and avoid borrowing money."


"Economics is not hard science.   Economics is really just a study of what people do and why. The best book to read to understand why people protect their wealth when the government threatens it is ""[Human Action](http://mises.org/document/3250)"" by Ludwig von Mises. Check it out. It will answer all of your questions with a lot more logic than research. Economic research on macro subjects can prove any preconceived theorem, therefore it is worse than logic because it purports to ""prove"" what are, in the end, only opinions."


What happened - affluence.    No mortgage - one grandfather built his own house the other lived in a sod hut.    No running water, no electricity, no natural gas/coal/oil heating.    No car, no insurance, no gasoline    They grew much of their own food.   If you want it - it's all yours. Go for it.


Turns out Social Security and disability insurance are two different things but if you take disability insurance before retirement age when you get to full retirement age the disability money becomes the social security money. http://www.ssa.gov/dibplan/dqualify.htm If you are receiving Social Security disability benefits when you reach full retirement age, your disability benefits automatically convert to retirement benefits, but the amount remains the same.


"Insurance is a financial product to control risk. The fact that a loss would not be catastrophic simply makes the decision to carry insurance less critical. It is perfectly reasonable to be ""self-insured"" in this case. This is assuming we are discussing replacement of your property vs liability (which you have made clear). Like many other products one buys, a fine reason to purchase insurance is simply because one wants to. Just because you can absorb the loss, does not mean that you want to take on the full risk. I would be careful of your analysis here: Insurance companies on average make money by selling insurance, which means you lose money on average by dealing with them Insurance companies make money based on the cumulative probability that they will have to pay on multiple policies. To make money, they analyze the risk that in a given period they will only pay on a portion of their hundreds of thousands or millions of policies. This is a different analysis than the probability that you will have a loss on your specific asset.  Your risk of a loss is not equivalent to their risk of loss here. The argument that they only 'win' if you individually 'lose' is not a good one."


Here is a list of threads in other subreddits about the same content:   * [How Floyd Mayweather Helped Two Young Guys From Miami Get Rich in ICO](https://www.reddit.com/r/ethtrader/comments/79chtw/how_floyd_mayweather_helped_two_young_guys_from/) on /r/ethtrader with 74 karma (created at 2017-10-29 04:47:44 by /u/cashitter)  * [How Floyd Mayweather helped two young guys from Miami get rich — Celebrity endorsements are helping start-ups raise big money in so-called initial coin offerings, but it is not always clear what they are selling](https://www.reddit.com/r/indepthstories/comments/79gdio/how_floyd_mayweather_helped_two_young_guys_from/) on /r/indepthstories with 19 karma (created at 2017-10-29 21:05:42 by /u/xarc13)  * [How Floyd Mayweather Helped Two Young Guys From Miami Get Rich](https://www.reddit.com/r/SecurityAnalysis/comments/79hvlk/how_floyd_mayweather_helped_two_young_guys_from/) on /r/SecurityAnalysis with 3 karma (created at 2017-10-30 01:42:46 by /u/lingben)  * [How Floyd Mayweather Helped Two Young Guys From Miami Get Rich](https://www.reddit.com/r/CryptoCurrency/comments/793vr5/how_floyd_mayweather_helped_two_young_guys_from/) on /r/CryptoCurrency with 1 karma (created at 2017-10-27 23:15:42 by /u/thussprach)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!


"Both prices are quotes on a single share of stock. The bid price is what buyers are willing to pay for it. The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or ""spread"") goes to the broker/specialist that handles the transaction."


According to GOV.UK, you can only apply for Student Finance if: Since you don't fulfill the criterion 2 and 3, you are technically not eligible for Student Finance. Since you have received information from Student Finance England that you can apply for the maintenance loan, you should either write to them or call them again, to confirm the information given to you.


Merely restating their words in a mocking tone is not a counter argument. If you have no car you will have great difficulty finding and retaining employment unless you live in a relatively dense urban area, which you may be able to afford either.  If you have no education you will similarly have difficulty finding employment, and finding employment that will afford you a stable life.   If your choices are restained to relative poverty or debt, it's hard to argue that you are in charge of those choices.


How much is your time worth This has been useful for me, judging things based on how much their time value is worth to me, weighted more heavily than their actual worth. For instance, there was a time when I used to work on the weekends and pay to have my laundry done. Doing the laundry myself would have cost 25 cents, but taken two hours at least. Since I was making $45 an hour, I would have lost $90 dollars by doing my laundry, instead of paying specialists $28 to do it for me, much better than I would. Your own capital should begin growing at a rate that makes many MANY things worth less than the time it takes for you to entertain it. So in your cable bill example, you shouldn't have argued for a $5 credit for two hours, unless you make $2.25 an hour, after tax. This is simplistic, as you would extrapolate how much this would cost you over a year or two, but such cost benefit analysis' become easy with this simple concept. This can also be used to rationalize your lavish expenditures. Such as not really comparing the costs for a flight, because its a 2 hour flight for $400 and you've found yourself making at least $200 an hour with your $416,000 annual earnings and capital gains. This will cure your frugality while retaining safe guards on your spending.


"I would suggest to get an authoritative response from a CPA. In any case it would be for your own benefit to have at least the first couple of years of tax returns prepared by a professional. However, from my own personal experience, in your situation the income should not be regarded as ""US income"" but rather income in your home country. Thus it should not appear on the US tax forms because you were not resident when you had it, it was given to you by your employer (which is X(Europe), not X(USA)), and you should have paid local taxes in your home country on it."


Well sure, but instead of credit card receivables, car loans, etc, the underlying assets are other ABS/MBS/CLOs...so it's an order of magnitude more securitization. And those aren't happening anymore. ABS is definitely active though, and it's a good thing too!


Buy only 'Direct' Plans, not regular. - Demat providers won't sell Direct plans, that you can do it through https://www.mfuindia.com Make sure expense ratio < 2.5% (With direct plans it will be much lesser) I hope these points will help you to take a better decision.


Generally prepaid services should be capitalized over the period prepaid. But if it is up to a year - you can just expense them. As to the technicalities - you can contact Intuit support, but you should be able to put it in the same area where you put all your other business expenses. If you're a sole proprietor - that would be Schedule C.


Generally it is a taxable transaction. Basic principle of taxation everywhere is that the mean of payment doesn't matter. If the income is taxable - it is taxable regardless of the unit of currency you used. It can be a strawberry, a bitcoin, a gold nugget, or a dollar, it doesn't change a thing about how it is taxed. If you look at the United States tax code definition of taxable income, for example, you will find no mention whatsoever of any currency. Similarly with other tax laws I'm familiar with. I'm sure there's no such limitation in Australia.


The literal answer to your question 'what determines the price of an ETF' is 'the market'; it is whatever price a buyer is willing to pay and a seller is willing to accept. But if the market price of an ETF share deviates significantly from its NAV, the per-share market value of the securities in its portfolio, then an Authorized Participant can make an arbitrage profit by a transaction (creation or redemption) that pushes the market price toward NAV. Thus as long as the markets are operating and the APs don't vanish in a puff of smoke we can expect price will track NAV. That reduces your question to: why does NAV = market value of the holdings underlying a bond ETF share decrease when the market interest rate rises?  Let's consider an example. I'll use US Treasuries because they have very active markets, are treated as risk-free (although that can be debated), and excluding special cases like TIPS and strips are almost perfectly fungible. And I use round numbers for convenience. Let's assume the current market interest rate is 2% and 'Spindoctor 10-year Treasury Fund' opens for business with $100m invested (via APs) in 10-year T-notes with 2% coupon at par and 1m shares issued that are worth $100 each. Now assume the interest rate goes up to 3% (this is an example NOT A PREDICTION); no one wants to pay par for a 2% bond when they can get 3% elsewhere, so its value goes down to about 0.9 of par (not exactly due to the way the arithmetic works but close enough) and Spindoctor shares similarly slide to $90. At this price an investor gets slightly over 2% (coupon*face/basis) plus approximately 1% amortized capital gain (slightly less due to time value) per year so it's competitive with a 3% coupon at par.  As you say new bonds are available that pay 3%. But our fund doesn't hold them; we hold old bonds with a face value of $100m but a market value of only $90m. If we sell those bonds now and buy 3% bonds to (try to) replace them, we only get $90m par value of 3% bonds, so now our fund is paying a competitive 3% but NAV is still only $90.  At the other extreme, say we hold the 2% bonds to maturity, paying out only 2% interest but letting our NAV increase as the remaining term (duration) and thus discount of the bonds decreases -- assuming the market interest rate doesn't change again, which for 10 years is probably unrealistic (ignoring 2009-2016!). At the end of 10 years the 2% bonds are redeemed at par and our NAV is back to $100 -- but from the investor's point of view they've forgone $10 in interest they could have received from an alternative investment over those 10 years, which is effectively an additional investment, so the original share price of $90 was correct.


"I have never said anything about liking Obama, so that's pure projection on your part. Classic attitude of wanting to see something so bad, that you see it even when it's not there.   What you fail to realize is that the stories that Fox News (and many other ""news"" organizations, but your demo seems to REALLY love Fox because they tell you all what you want to hear and play right into your confirmation bias) are based a handful of crazy people out of literally billions. There's crazy Muslims, there's crazy Atheists, there's crazy Catholics. Your fear mongering attitude talks about a group of a few people thousands of miles away, while ignoring the fact that nearly all mass attacks, acts of terrorism, etc in this cointry are done by white, Christian, American citizens. I think YOU should be illegal."


Assuming you buy the services and products beforehand and then provide them to your clients. Should the cost of these products and services be deducted from my declared income or do I include them and then claim them as allowable expenses? You arrive at your final income after accounting for your incomings and outgoings ?  regularly buys products and services on behalf of clients These are your expenses. invoice them for these costs after These are your earnings. These are not exactly allowable expenses, but more as the cost of doing your business, so it will be deducted from your earnings. There will be other business expenses which you need to deduct from your earnings and then you arrive at your income/profit. So before you arrive at your income all allowable expenses have been deducted. include on my invoices to clients  VAT if you charge VAT. Any charges you require them to pay i.e. credit card charges etc. You don't need to inform clients about any costs you incur for doing your business unless required by law. If you are unsure about something browse the gov.uk website or obtain the services of an accountant. Accounting issues might be costly on your pocket if mistakes are committed.


These are treasury stocks allocated to the plan. If necessary, a company issues new shares (depending on a company it may require shareholders or only board approval).


Lived in same situation for 8 years. I walked into a BMO - told them what I needed to do and they set me right up - no U.S. accounts necessary. My account allowed me to pay bills in USD or CDN. Doesn't get any simpler than that.


It's a business decision for a lot of people.  You can either be stuck with the debt for the rest of your life, or you can default, settle for a much smaller amount, and ride out the 7 years that it will be on your credit.


The World Recovery Centers provided high-quality drug and alcohol recovery treatment for more than 30 years in the United States and the whole world. This treatment center run by Dr. Alan Meyers. He many of his cases utilizing past life regression. If you are searching best Treatment centers for drugs, then we are the way for you. This can be beneficial for individuals who are attending drug abuse center need to maintain a regular life.


I've had a card cloned 15 years ago and used to buy over 5k of goods in another country. So the inconvenience of having a card closed and re-issued is quite annoying even though the charges were reversed and I was made whole. But these days most CC fraud isn't from a card scanned by a waiter and cloned then used elsewhere. Mostly it is poorly secured databases or point of sale terminal malware. The latter is getting curtailed by chipped cards and the largest source of fraud is now online transactions (so called card not present) where the merchant has your CC number. If their system is breached the bad guys have a wealth of card numbers they sell in an E-bay like site on the dark web. This is where the Citi virtual CC comes in handy. Here's how it works to protect the bank and the hassles you go through when a card as to be re-issued. Citi's virtual CCs let you generate an actual credit card, complete with security code and expiration date. What is unique is that once the virtual CC is used it can only be used subsequently by that same merchant and is declined by any other. You can also set a total limit on what the merchant can charge as well as an expiration date. I use them for all my online accounts because they are, for all practical purposes, immune to the malware that steals CC info. Even if somehow the virtual CC is used before the merchant makes the initial charge that locks in the CC to their account the charge can be reversed without closing your actual card which has a different number. You can manage multiple Citi virtual CCs and view charge status, close, or adjust limits over time so managing them is quite easy with no risk to your primary account.


I just want to point out something that seems to be generally true: If you are supposed to report something to the IRS, and you don't, the IRS will probably send you a letter assuming the maximum possible tax liability, and it's up to you to prove that scenario is incorrect. In your case you obviously owe no tax, but since you didn't report it, the IRS simply assumed that you do owe tax until you prove otherwise. You're one form away from fixing the issue. I have first hand experience that this is also true if you forget to report an HSA distribution. I received a letter considering my entire distribution as if it was for non eligible medical expenses. This made the amount taxable and had an additional 20% penalty to boot. Of course I have medical receipts for all of the distributions which makes them not taxable, and had I simply put the correct number on my return to begin with I wouldn't have had to fill out the additional form to correct my mistake.


Go buy adsense. you don't understand what you are doing.   Where is the video where it is eating broomsticks and ipods? Where is the picture of you dangling a cute kitten over it?  or showing how you can use it to make cole slaw?   YOu need to *make content* to promote a product on a social network - linking to your sales page is like giving someone a box of nose hair  for a present. It will get downvoted into nothingness before anyone with a wallet in Australia will see it.    Again - this isn't a bulletin board at Starbucks. Go think harder.


">those fossil free funds have been outperforming their fossilized index counterparts  Why am I not surprised that over a 3 year or less time period, during the worst oil crash in at least 20 years, a fund the excludes that sector is performing better? What a misleading statement.   Like saying in early 2000, ""oh my tech-free fund is outperforming the funds with tech stocks"" while ignoring the dot com bubble bursting having any effect, and implying that tech stocks will never recover."


You have a couple of options: Auto-investing in an open-end mutual fund.  Some companies may waive a minimum if you sign up for an automatic investing, e.g. T. Rowe Price will waive its minimum if you agree to invest $100/month.  There may be some lower ones out there as well. Some brokers like ShareBuilder have programs where someone could auto-invest getting fractional shares with each purchase.  However, something to consider is what percentage is it costing you to buy each time as it may be quite a bit of friction if you are paying $4 a purchase and only buying $40, this is 10% of your investment being eaten up in costs that I'd highly advise taking the first option.


"If there's one reasonably close to you, you could go to a no-haggle dealership.  Instead of making you haggle the price downward, they just give a theoretically fixed price that's roughly what the average customer could negotiate down to at a conventional dealer.  Then just do your best broken record impression if they still try to sell you dubious addons:  ""No.  No.  No.  No.  No..."" The last time I bought a new car (06), a no haggle dealer offered the second best deal I got out of 4 dealerships visited.  The one I ended up buying with made an exceptional offer on my trade (comparable to 3rd party sale bluebook value). - My guess is they had a potential customer looking for something like my old car and were hoping to resell it directly instead of flipping it via auction."


Mumbai Escorts Agency is the leading escort agency in Mumbai, which is most renowned for their hot, blonde, sexy, accurate body measurements. Our escorts in Mumbai are highly very safe for serving you and able to take a clear cut relation to bed with you.


Thanks for the abusive message in my mailbox!  You know, I love Vancouver, but I hate spammers.  You are a spammer - you are posting to this group which explicitly prohibits Spam, and yet you did it over and over and over and over.  That's selfish and dishonest.   Clearly you are too _stupid_ to understand that people resent having to read your advertising - advertising that you didn't pay Reddit a penny to do.  So fuck off and die in a fire, you arrogant asshole.


At least in the US, many credit card companies offer statements that categorize your spending on that card and break it down by different categories depending on the merchant category code.   Having different cards for each budget category can be a good idea if different cards have different rewards bonuses depending on categories: e.g. this card gives a high percentage back at gas stations, that one at grocery stores, another at restaurants, etc.


Absolutely yes. Just because a lease provides an option for renewal does not mean that a tenant cannot try to re-negotiate for better terms. You should always negotiate the rent. And start this conversation as soon as possible. Offer to pay three months’ rent in advance (of course, if you have enough means).


http://www.irs.gov/publications/p950/ar02.html Gift tax is owed by the giver, not the recipient. So my first guess is that you can make the transfer in your home country, and as the givers will not be subject to US tax, it won't apply at all. You can then transfer the money into the US freely. In any case, there's a lifetime exemption of 1mn USD. So, unless non-US persons don't get the exemption, I can't see the tax being a problem anyway unless there are going to be several more such transfers.


"We get so caught up in the psychoactive side of Marijuana (THC=$$$) regardless of there not being a risk of overdose and we lose site of its untapped potential.  I hope one day we can see a ""lives saved"" statistic in relation to CBD with epilepsy and other ailments."


I got some Adidas Sambas for $35, but only because someone posted the deal over at the Something Awful forums.  I never would have found it just browsing the sale, because apparently the goal of Prime Day is to make it incredibly hard for me to find the stuff I actually want to buy.


"Until the CARD act, credit card rules required that merchants had no minimum purchase requirement to use a card. New rules permit a minimum but it must be clearly posted.  Update - Stores can now refuse small credit card charges is an excellent article which clarifies the rules. It appears that these rules apply to credit, not debit cards. So to be clear - the minimum do not apply to the OP as he referenced using a debit card.  ""Superiority""? Hm. I'd be a bit embarrassed to charge such small amounts. Although when cash in my wallet is very low, I may have little choice. Note, and disclaimer, I am 48, 30 years ago when I started using cards, there were no POS machines. Credit card transactions had a big device that got a card imprint and the merchant looked up to see if your card was stolen in a big book they got weekly/monthly. Times have changed, and debit cards may be faster, especially if with cash you give the cashier $5.37 for a $2.37 transaction, but the guy entered $5 already. This often takes a manager to clear up."


Als we thuis zijn, willen we onthaasten en moeilijk gedoe voorkomen. Waarom zou je moeite doen ijsblokjes maken als je gekoeld water hebt in de watercooler. De cooler heeft ook de optie tot heet water en bied ons nog meer comfort. Dit vermindert de inspanning koffie of thee te maken, omdat we heet water uit de cooler kunnen tappen.


Once you roll the money from the 401K into a rollover IRA don't mix it with new funds. The money from the 401K will be treated differently depending on if the funds are pre-tax, post-tax, Roth, or matching. (Yes, Post-tax and Roth are not the same thing). In the future an employer may allow you to roll IRA or 401K money into their program. They don't have to allow it, and they can put restrictions on the types of money they will accept.


"That's actually a great question. I'm not really sure how much they're pumping into that sector yet, but I know Exxon and a few others are very interested in what renewable energy avenues they can take advantage of. This article is a little old, but gives a good overview (there are many others like it). I think a lot is still in the ""testing"" phase right now though. https://www.theguardian.com/business/2016/may/21/oil-majors-investments-renewable-energy-solar-wind"


Both of our local Kmart stores closed within the last year, but before that, they were sad states of broken, and had been that way I think before even Sears took them over. They finally re-did the bathrooms in the early 2000's I think, but so many ceiling tiles had stains on them from water. I used to work at one (before the buyout), loss prevention really had nothing to work with either.


"The title of your question is quite different then the content.  The term ""Rat Race"" was coined in the 70's and refers to the endless cycle of working hard to consume more.  Fortunately it is very easy not to participate in the cycle and probably will lead to more happiness.  Just because one ""works"" does not mean they are participating in the ""rat race"", and I would recommend the following: When I think of ""rat race"" I picture a a bumper-to-bumper freeway of people struggling to get to work.  For others it might be different, but that kind of rat race is easily avoided by the multitude of remote work opportunities.  Some jobs allow you to work anywhere in the world. Avoiding the rugged consumerism also helps avoid the feelings of being a rat on the wheel.  Sure one can like nice things, but do we have to have everything that Madison Ave is trying to sell us?  No.  Pick some nice things and pay cash. Debt, especially consumer debt, causes a person (in effect) to work for a bank.  Avoiding debt will remove those feelings. Saving and investing also helps avoid those feelings.  There is profound satisfaction in watching ones account balances grow.  Once you see that your investment earnings can outpace your expenses, and then your salary you really feel like you are getting ahead.      Above all else giving is a paramount and often overlooked part of a person's financial life.  It causes one to be humble and recognize that most people, in this world, are less fortunate that us.  It avoids runaway provide that justifies purchases that we cannot afford.   So yea you can avoid the ""Rat Race"" and still work."


"Credit is a racket.  What is a ""YouTube prank channel""? Because that sounds dumb.  Not trying to be negative, it just sounds dumb. If you're thinking something like that TV show ""Jackass"" Aren't there like 1000 of those on Youtube now? I doubt any of them are making any real money.  I bet you can think of something better to do than acting like a fool on camera.. looking for an investor sounds like a sound plan but you need to have an idea first. The best advice I've heard is try to find a problem in the world that needs solving, and find a solution for it. If it's a good solution people will buy it.  And then you've done something you can feel proud of."


If your sister refuses to discuss the matter, I can't imagine how you'll resolve it without going to court. I'd guess that ultimately a judge would say that if you can't all agree on what to do, that the property must be sold and the money distributed between you. As others here have said, you really want to get a lawyer.


The safest, quickest and cheapest option would be to do a wire transfer from your HK account to an account in a US bank. You can contact HSBC and ask them if it would be cheaper if the US bank account is at HSBC as well, but I doubt it would be a significant saving. Check the rates in HK about a wire transfer, in the US, on the receiving side, the fees are not dependent on the amount and are about $10-$15 per occurrence (shop around).


First, of course, I agree with the comments about paying down debt. Then reserve some of those savings as an emergency fund. After that, the default answer is to invest in an index fund as Mr Belford suggested, such as Vanguard's total stock market index fund, and leave it there forever. Even when the market tanks -- especially don't sell it when the market tanks! I might leave some cash in reserve so I can buy when the market corrects/tanks and stocks go on sale, but I'm paranoid that way. (Pick 5 random people and you'll hear 6 contradictory opinions on where the market will move soon.) I personally would just park it in the index fund. You just graduated; you have so many things you could spend your time on (building career, socializing, learning kickboxing and sailing and rock climbing and woodworking and intramural soccer and.....), and landlording has the potential to become a time sink. On the other hand, if you're really into landlording, why not. Just be aware it's a lot more complex than pay $50k down and collect $500 in easy profit each month. There's a lot of learning to do before jumping in.