Your initial investment in this case is $9 on the first morning. Every other morning you are using part of your profits to buy the new piece of jewelry, so you are actually not investing any new funds. So each day you are effectively keeping $1 of your profits and re_re-investing $9. But your initial investment of your own funds is only the first $9. In other words if you only had $9 in the bank at the start of the year you could make $365 profits during the year and finish up with $374 in the the bank at the end of the year.


I've heard from friends in high paying companies that the norm is under 4 hours: you can upgrade yourself. Above 4 hours: business. Sounds reasonable to me.  Usually people that fly business aren't flying one or two times a year. They're doing it a couple of days per week. And these people are usually in high demand. If someone doesn't offer this as the norm, they can probably get a job someplace that does.


There are strategies based on yields. Dogs of the Dow being a specific example while Miller Howard has a few studies around dividends that may be of use if you additional material. Selling off a portion of the holding can run into problems as how could one hold 10 shares, selling a non-zero whole number every year for over 20 years if the stock doesn't ever pay a dividend in additional shares or cash?


An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding’s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Get Auto Title Loans in Victorville CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans   Contact Us: Get Auto Title Loans Victorville CA 17100-B Bear Valley Rd # 504, Victorville, CA 92395 760-493-2711 gatlvvca@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-victorville-ca/


Could it be done? Yes, it could, subject to local law. A variant of such an approach has been suggested for those countries experiencing collapse of demand. One might consider whether whether it applied to secured loans (such as mortgages), unsecured loans, or both; whether it would be capped at a certain absolute (say £100k) or proportional (first 50%) of each mortgage; whether it would cover first homes only, or all homes; and so on.  These details would radically change the feasibility and consequences of any such intervention. See the related question: https://economics.stackexchange.com/q/146/104 Such a policy of debt cancellation would have several consequences beyond initial stimulation of demand, that would need additional policies to deal with them. Inflation The resultant surge in demand would, in the absence of any other intervention, result in a massive surge in inflation. There are some interesting questions about whether this burst of inflation would be a one-off, or not. One could make an argument that as housing has become much more affordable (at least for home-owners), it would increase the downward pressure on wages, which would be in itself counter-inflationary in the medium-long term. Nevertheless, it would be injecting much more money into the economy than has been seen in QE to date, so the risks would be of extraordinarily high inflation, which might or might not get entrenched. In order to manage the short-term risk, and long-term inflation expectations, it might be necessary to incorporate a lot of tightening, either fiscal (higher taxes and/or lower public spending), or monetary: (higher interest rates, unwinding QE, new requirements for higher core capital for banks) Moral hazard There are risks of moral hazard for individuals: however, as a society, we were prepared to accept the moral hazard for financial institutions and their staff, so that may or may not be an issue: it is likely to be a question of long-term expectations. If the expectation is that this is at most a once-in-a-lifetime occurrence, then the consequential risk from moral hazard ought to be lower. Excess profits to lenders Lenders will typically work on the basis of a certain proportion of defaults, so paying off all loans effectively gives them an artificial boost to their profits. Worsening balance of payments There is to a degree a prisoners' dilemma facing nations here. Pressing the reset-button on personal debt across many of the countries experiencing demand-collapse would benefit all of them. However, if just one such country were to do it alone, they alone would increase domestic demand, resulting in a large increase in imports, but no significant increase in exports.


Any sort of semi-significant construction or infrastructure project takes an absolutely absurd amount of time. There was a road near where I used to live that took *30 years* in and out of courts, through all sorts of studies, with years of budget battles, political wrangling, and it was all for a lightly-used, 17 mile stretch that creates a slight shortcut between two suburban counties.


To see a chart with 1-minute data for a stock on a specific date: For example, here is the chart for TWTR on November 7, 2013 - the day of the IPO:  Here is the chart for TWTR on November 8, 2013 - its second day of trading:  Here is the chart for TWTR on November 11, 2013 - its third day of trading:


Stuart Macfarlane Therapist Stuart MacFarlane is a psychotherapist based in London, England and has over 30 years of experience in the field of psychology. His mental health services includes the treatment of depression, anxiety, grief counseling, relationship counseling, bipolar disorder, alcohol and drug addiction and others.


"A stock, at its most basic, is worth exactly what someone else will pay to buy it right now (or in the near future), just like anything else of value. However, what someone's willing to pay for it is typically based on what the person can get from it. There are a couple of ways to value a stock. The first way is on expected earnings per share, most of would normally (but not always) be paid in dividends. This is a metric that can be calculated based on the most recently reported earnings, and can be estimated based on news about the company or the industry its in (or those of suppliers, likely buyers, etc) to predict future earnings. Let's say the stock price is exactly $100 right now, and you buy one share. In one quarter, the company is expected to pay out $2 per share in dividends. That is a 2% ROI realized in 3 months. If you took that $2 and blew it on... coffee, maybe, or you stuffed it in your mattress, you'd realize a total gain of $8 in one year, or in ROI terms an annual rate of 8%. However, if you reinvested the money, you'd be making money on that money, and would have a little more. You can calculate the exact percentage using the ""future value"" formula. Conversely, if you wanted to know what you should pay, given this level of earnings per share, to realize a given rate of return, you can use the ""present value"" formula. If you wanted a 9% return on your money, you'd pay less for the stock than its current value, all other things being equal. Vice-versa if you were happy with a lesser rate of return. The current rate of return based on stock price and current earnings is what the market as a whole is willing to tolerate. This is how bonds are valued, based on a desired rate of return by the market, and it also works for stocks, with the caveat that the dividends, and what you'll get back at the ""end"", are no longer constant as they are with a bond. Now, in your case, the company doesn't pay dividends. Ever. It simply retains all the earnings it's ever made, reinvesting them into doing new things or more things. By the above method, the rate of return from dividends alone is zero, and so the future value of your investment is whatever you paid for it. People don't like it when the best case for their money is that it just sits there. However, there's another way to think of the stock's value, which is it's more core definition; a share of the company itself. If the company is profitable, and keeps all this profit, then a share of the company equals, in part, a share of that retained earnings. This is very simplistic, but if the company's assets are worth 1 billion dollars, and it has one hundred million shares of stock, each share of stock is worth $10, because that's the value of that fraction of the company as divided up among all outstanding shares. If the company then reports earnings of $100 million, the value of the company is now 1.1 billion, and its stock should go up to $11 per share, because that's the new value of one ten-millionth of the company's value. Your ROI on this stock is $1, in whatever time period the reporting happens (typically quarterly, giving this stock a roughly 4% APY). This is a totally valid way to value stocks and to shop for them; it's very similar to how commodities, for instance gold, are bought and sold. Gold never pays you dividends. Doesn't give you voting rights either. Its value at any given time is solely what someone else will pay to have it. That's just fine with a lot of people right now; gold's currently trading at around $1,700 an ounce, and it's been the biggest moneymaker in our economy since the bottom fell out of the housing market (if you'd bought gold in 2008, you would have more than doubled your money in 4 years; I challenge you to find anything else that's done nearly as well over the same time). In reality, a combination of both of these valuation methods are used to value stocks. If a stock pays dividends, then each person gets money now, but because there's less retained earnings and thus less change in the total asset value of the company, the actual share price doesn't move (much). If a stock doesn't pay dividends, then people only get money when they cash out the actual stock, but if the company is profitable (Apple, BH, etc) then one share should grow in value as the value of that small fraction of the company continues to grow. Both of these are sources of ROI, and both are seen in a company that will both retain some earnings and pay out dividends on the rest."


Using Fundamental and Technical Analysis together is actually a good idea for longer term trading of up to 6 months or longer.  The whole idea behind trading with Technical Analysis is to increase the probabilities of a trade going in the desired direction by using uncorrelated indicators that produce the same signal to buy or sell at the same time. For example, you might use a Moving Average (MA) as a buy signal when the price falls for a few days, hits the MA and then reverses and starts moving back up. If however, you also include a Stochastic Oscillator (SO) to indicate when the stock is oversold (under 20%), and if the price rebounds from the MA average at the same time as the Stochastic is crossing over in the oversold position, then this may be a higher probability trade. If you also only trade stocks that are Fundamentally healthy (as fundamentally good stocks are more likely to go up than fundamentally bad stocks) then this might increase the probabilities again. Then if you only buy when the market as a whole is moving up, then this will increase your chances again. A few weeks ago at a seminar, the presenter totalled the men in the room to be 76 and the women in the room to be 8. He then asked what will most likely be the next person to walk in the room - a man or a woman? The statistics are on the side of a wan walking in next. This is what we try to do with Technical Analysis, increase our chances when we take a trade. Of course a woman could be the next person to walk in the room, just like any trade can go against you, and this is why we use money management and risk management and take a small loss when a trade does go against you. Lets look at an example where you could incorporate FA with TA to increase your chances of profits:  Above is a candlestick chart of Select Harvest (SHV), the green line above the price is the perceived value, the pink line is the 40 day MA, the blue line is the EPS, and the white lines is the Stochastic Oscillator (above 80% being overbought and below 20% is oversold). From Feb 2015 to start of Aug 2015 the stock was uptrending, since then the price reversed and started to downtrend. The stock was determined to be fundamentally good early in 2015 with the perceived value gradually increasing and greater than the share price, and the EPS starting to increase regularly from mid April. Thus, as the stock is seen as fundamentally healthy any price reversal in the vicinity of the MA could be seen as a buy opportunity. In fact there where 2 such opportunities on 31st March and 11th June where price had reversed and rebounded off the MA whist the SO crossed over in or near the oversold area. The price did reverse and then rebounded off the MA again on 9th July, however the SO was not in or near the oversold area on this occasion, so not as high in probability terms. The price still rebounded and went up again, however another momentum indicator (not shown here) shows some bearish divergence in this case - so another reason to possibly keep away at this point in time. A good signal to get out of the trade, that is your stop loss has not already taken you out, is when the price breaks and closes below the MA line. This occurred on 7th August. So if we had bought on the first signal on 31st March for $7.41 and sold when the priced broke through the MA on 7th August for $11.76, we would have made a profit of approx. 59% in just over 4 months. If bought on the second signal on 11th June for $9.98 and again sold on 7th August for $11.76, we would have made about 18% in under 2 months. So the fundamentals, the Price (in relation to MA) and the SO where all lining up to provide two high probability trades. Of course you would need to incorporate you risk management (including stops) in case the price did not continue upwards after you bought. If the market is also moving up on the day of the signal this will further increase your chances.  Unless you day trade, which I would avoid, a good way to enter your trades after a signal is to enter a stop buy order after market close to buy if the price moves above the high of the signal day. That way if the market and the stock open and move lower during the day after the signal you avoid entering the trade altogether. This can be incorporated as part of your risk management and trading rules. After the price broke down through the MA we can see that a downtrend commenced which is still current today (in fact I just took a short trade on this stock yesterday). We can also see that the perceived value, whilst still above the price, has reached a peak and is currently moving downwards and the EPS after being flat for a few months has just moved down for the first time in 10 months. So maybe the fundamentals are starting to waver a bit on this stock. It may be a good stock to continue shorting into the future. So basically you can continue using Fundamental Analysis to select which stocks to buy, place them in a watch-list, and then use Technical Analysis to determine when these stocks are starting to uptrend and use a combination of uncorrelated indicators to produce higher probability signals for when to enter your trades.


Paltry market share?  They have two cars and are outselling Mercedes, Porsche and BMW combined.  All of their debt is used to grow the company, not a product of them losing money on what they are currently building.  And a business model based on government support?  They literally cant sell their cars in multiple states because of entrenched government protections for the existing model.


Your chief problem seems to be that you're mixing Visa (credit cards) and Step2 (a European Automated Clearing House). Credit cards are primarily an American concept, but do work worldwide especially in travel&tourism industry. The Credit Card companies are financial institutions themselves and operate similar to international banks They're typically acting as intermediaries between the customer's bank and the retailer's bank, so this works even if those two banks have no existing agreements.  This is expensive, though. Step2 is a cheaper European system which eliminates the middle man. It allows the consumer's bank to directly pay the retailer's bank. VISA is not a member of Step2.


"Gold has very useful physical properties for some engineering applications.  Even tiny amounts of gold can substantially improve products, so it can be worthwhile to pay high prices per ounce for gold.  For example: Gold can be ""beaten"" or electroplated to produce very thin shiny coatings.  Entire roofs (of famous buildings) have been covered with ""gold leaf"", at a cost that was small compared to the supporting structure. A very thin layer of electroplated gold provides better protection against corrosion than a much thicker layer of electroplated nickel.  Even if gold costs thousands of times more per ounce than nickel, it is cheaper to use gold as an anti-corrosion layer than nickel (for use in military-grade naval electronics). A thin layer of electroplated gold greatly increases the electrical current-carrying capacity of a thin copper wire."


So I did some queries on Google Scholar, and the term of art academics seem to use is target date fund. I notice divided opinions among academics on the matter. W. Pfau gave a nice set of citations of papers with which he disagrees, so I'll start with them. In 1969, Paul Sameulson published the paper Lifetime Portfolio Selection By Dynamic Stochaistic Programming, which found that there's no mathematical foundation for an age based risk tolerance. There seems to be a fundamental quibble relating to present value of future wages; if they are stable and uncorrelated with the market, one analysis suggests the optimal lifecycle investment should start at roughly 300 percent of your portfolio in stocks (via crazy borrowing). Other people point out that if your wages are correlated with stock returns, allocations to stock as low as 20 percent might be optimal. So theory isn't helping much. Perhaps with the advent of computers we can find some kind of empirical data. Robert Shiller authored a study on lifecycle funds when they were proposed for personal Social Security accounts. Lifecycle strategies fare poorly in his historical simulation: Moreover, with these life cycle portfolios, relatively little is contributed when the allocation to stocks is high, since earnings are relatively low in the younger years. Workers contribute only a little to stocks, and do not enjoy a strong effect of   compounding, since the proceeds of the early investments are taken out of the stock   market as time goes on. Basu and Drew follow up on that assertion with a set of lifecycle strategies and their contrarian counterparts: whereas a the lifecycle plan starts high stock exposure and trails off near retirement, the contrarian ones will invest in bonds and cash early in life and move to stocks after a few years. They show that contrarian strategies have higher average returns, even at the low 25th percentile of returns. It's only at the bottom 5 or 10 percent where this is reversed. One problem with these empirical studies is isolating the effect of the glide path from rebalancing. It could be that a simple fixed allocation works plenty fine, and that selling winners and doubling down on losers is the fundamental driver of returns. Schleef and Eisinger compare lifecycle strategy with a number of fixed asset allocation schemes in Monte Carlo simulations and conclude that a 70% equity, 30% long term corp bonds does as well as all of the lifecycle funds. Finally, the earlier W Pfau paper offers a Monte Carlo simulation similar to Schleef and Eisinger, and runs final portfolio values through a utility function designed to calculate diminishing returns to more money. This seems like a good point, as the risk of your portfolio isn't all or nothing, but your first dollar is more valuable than your millionth. Pfau finds that for some risk-aversion coefficients, lifecycles offer greater utility than portfolios with fixed allocations. And Pfau does note that applying their strategies to the historical record makes a strong recommendation for 100 percent stocks in all but 5 years from 1940-2011. So maybe the best retirement allocation is good old low cost S&P index funds!


"A friend of mine is a Prepaid Legal lawyer. It's not an exclusive  relationship: he does other things too.  Most lawyers regard Prepaid Legal as a way of getting more  customers. They lose money on the Prepaid Legal stuff, but then  ""upsell"" their paid services.  My friend tells me that he'd answer most of the Prepaid Legal  questions for free, in hopes of building a customer base. He didn't  signup for the trivial amount of money Prepaid Legal gives him."


[This article says 550k people](http://fortune.com/2017/07/28/wells-fargo-loan-default-scandal/). You're also making the assumption they all paid it for a full year at least, when the refunds are estimated at $25 million for one group, an additional $39 million (including fines) for another, and $16 million for the worst, but smallest, group.   ~$80 million is not $400 million. The current CEO is not the same CEO who would have been at the helm when this issue started. The old CEO likely didn't have insight into this tiny subset of the company.


fair enough, and thanks for typing that out! The leaky ship idea, well that does make sense.  I still like to cling on to Ayn Rand's idea that there are primary innovative people, and second hand people preying on these geniuses. I like to think Walt Disney himself would have drawn some new comic figures instead of trying to stretch the copyright for decades and decades on an old idea.


Meh I can see it working in 10 years. A lot of grocery shopping is done by parents for their families. As the generation raised on amazon and easy/cheap delivery of goods gets old enough to all have children they might really like the idea of grocery delivery. Kind of feels we're taking a step backwards to the milk man haha.


"Here is the first google result for ""USA worst states for business"" and a result from [CNBC 2014](http://www.cnbc.com/id/101769584)  1. Rhode Island  2. Hawaii  3. West Virginia  4. Alaska  5. Connecticut   Illinois is a top 3 tax state along with New York and California but taxes are not the only thing to take into account unless you are a Tea Party supporter."


can I ask career advices from you ? I had 3 years experience in boutique fund management, have done my cfa, and now am about to enroll in master of finance in one of the top unis in UK   Always want to be a trader, but my biggest concern is that since I am slightly older (mid to late 20s), I will be competing with younger fresh grad when applying for analyst program, do you think this is an advantage or disadvantage, or does it matter at all ?   Also if you can pick a region for a trading career, which is best and why ?   thank you


"Okay, I get your point. I feel like your article could have been better focused, perhaps you should do a quick ""update"" that explains this better. The article comes off as saying that all startups are crap, not just stupid ones."


"I like a devil's advocate :)  > Amazon made a brick-and-mortar acquisition which will now have a direct effect on consumers by trying to hamper which sites their customers try to access while on wifi and can also be seen as anticompetitive.  This statement assumes that Amazon intends to use the patented technology, despite no evidence of such intent (at the time of filing, at the time the patent was granted - which Amazon has no control over, or at the time of the WF purchase announcement).  Your reasoning has merit: the patent only became relevant when amazon acquired an opportunity to use it.   However, it relies on assumptions that aren't necessarily correct or complete. Hence, it isn't an objectively correct conclusion by any means.   By including only the fact that the patent was recently granted (timing lined up with WF acquisition), the author promoted the idea that the patent is part of Amazon's plan with WF going forward.   Amazon may *now* have plans for using it in connection with WF - or it may absolutely not. There is presently, working from the article itself, no evidence to suggest any such plans exist outside the author's mind. (I have zero doubt that they have *considered* using it, btw, I refer to actual plans to implement.)  I may be old fashioned or uncool, but the correct way to ""frame the situation"" is **always** completely and accurately, including all relevant information.    This allows readers to review the information and draw their own conclusions - even if the journalist *also* shares his own conclusion."


"There are a couple pretty good answers here already, but I wanted to add that, depending on your location, many grocery stores sell gasoline. Gift cards for those grocery stores can be used for gas and groceries and usually do not include any fees. Since we all need to eat and most of us need to fill the tank on a regular basis, this seems like the best way to run up the bill without purchasing frivolous items. As another poster mentioned, pre-paying bills is another great way to go. Some places such as health clubs may even offer you a discount for paying in full, essentially ""earning"" you more money down the road."


It's odd to me that they manage their own pensions closely enough to divest of anything and that they'd have been invested in private prisons enough to have anything to get rid of.   I'm also not sure that I'd feel better as a NYC pensioner knowing that my retirement fund is becoming politicized. In this case it's probably a good thing, but in the future who knows.


We researched a lot of Connecticut Home Builders before breaking ground on our new home & PALCO Construction was hands down the best choice. Our house was finished on time, on budget & looks great. I recommend them for any & all home improvements.


You would appear to be a swing trader, like myself. I have been trading futures and futures options for 29 years, and have both made and lost a lot of money in that time. My trades last hours, to days, to at most a few weeks. From my experience, the most important skills are: 1) Money management - keeping trade size small in relation to total capital. I typically risk 2-3% of my capital on a trade, so a loss is fairly immaterial. 2) Risk management - limit your loss on every trade, either by using stop orders, options, or a combination of these 2. 3) Emotional discipline - be prepared to exit a position, or reverse from long to short, or short to long,  on a moment's notice. The market doesn't care where you entered, or whether you make or lose money. Don't let your hunches or the news influence your decisions, but follow the market. 4) Methodology discipline - test your analysis / trade entry method to ensure that it is objective, and has a reasonably good probability of success, then stick with it. Variation will inevitably lead to indecision or emotional reactions. 5) Flexibility - consider trading anything which can make you a profit, but ensure that there is a lot of liquidity. I trade 30 different futures markets, as well as various option writing strategies in these markets.  Feel free to reach out if you want to discuss further. I have about 500 (yes, 500) trading e-books as well, on every trading subject you can think of.


"Patience has never been my strong suit Unfortunately this is what you need to build up credit. The activities that increase your credit score are paying your bills on time and not using too much of the available credit that you do have. The rest (age of accounts, recent pulls, etc.) are short-term indicators that indicate changes in behavior that will make lenders pause and understand what the reasons behind the events are. Also keep in mind that your credit score shouldn't run your life.  It should be a passive indicator of your financial habits - not something that you actively manipulate.   Is there anything I can do to raise my score without having to take out a loan with interest? Pay your bills on time, and don't take out more credit than you need.  You're already in the ""excellent"" category, so there's no reason to panic or try to manipulate it.  Even if you temporarily dip below, if you need to make a big purchase (house), your loan-to-value and debt/income ratio will be much bigger factors in what interest rate you can get.  As far as the BofA card goes, if you don't need it, cancel it.  It might cause a temporary dip in your credit, but it will go away quickly, and you're better off not having credit cards that you don't need."


It's not a case of my feelings it's equal compensation. If your skills are at the level of a minimum wage worker, you should be compensated as such. You can live of that very easily, it's the lifestyle choices which come along with it which cause people to be unable.


Repair TV in Los Angeles with minor problems and avoid the burden of buying new one. Mostly the cost of repair is only a fraction of new unit, so it is always advisable to fix those minor defects and enjoy watching TV without spending much.


All top judi online websites are great to play at due to they all offer you a lot of action, great betting opportunities and good games. However, not all these poker websites are similar; you’ve to search on your own whichever you think will be suitable for you and your skills.


Each bank is different, so your question needs to be more specific. For instance, I believe Paypal and Chase settles at 7pm EST on business days. Bank of America at 5PM.


Let's have a look at Who must send a tax return: You’ll need to send a tax return if, in the last tax year: And we're done. It doesn't matter that your tax will come out to zero - you still need to TELL them this, otherwise how are they going to know? 'Person liable for zero tax who doesn't send their tax return' and 'Person liable for a million quid of tax who doesn't send their tax return' look the same...


This makes a lot of sense for Apple considering the current lawsuits between them and Qualcomm. It would also mean even more control over the hardware manufacturing of their products, and they definitely have the cash for it. Sounds like a good idea all around.


For the record I am not the one that downvoted you because you raise a decent point/opinion. However, you should consider the impact this has on the rest of us. Many employers have already said that they are not hiring people because of concerns on what the ruling means for them. That could have been a ploy to pressure politicians to back down from it. However, that probably wouldn't explain everything. They are going to paying more for insurance when hiring no doubt. That isn't good when we are already having a hard time getting them back to work. So I wouldn't write off capitalists concerns so easily. Secondly, they aren't going to be able externalize it anymore than before unless they are forced to pay for part-time workers and others previously exempt. I didn't read enough on this to know one way or the other. However, if workers aren't getting anymore coverage from their employers then the added cost (higher premiums) wouldn't mean much for any of us. Actually they would still be externalizing the cost. Instead of the government picking up the bill it would be Americans who aren't getting insurance from the employer who are forced to pay for the penalty.


Regardless of your circumstances, the amount of money you should put into a car is about $6000-8000 or the amount of cash you actually have, whichever is less. You can get a very reliable gently-used car in that price range, and a car that's plenty good to drive for basically whatever your budget is, down to about $1500-2000 or so. Spending more is never a financially sound decision; it's purely a luxury expenditure. Buying a car with a loan is always a financially bad decision.


Going through the same thing right now, about to lose our company phones (that I use constantly, since my workday doesn't end at 5) and they cut our training budget to $0.   Yet execs can run out and buy whatever software they want, even if its pointless, we're constantly bringing in sub-contractors at 4x the hourly rate of staff, and they sure aren't putting their paid country club memberships and private plane on the line.


What you describe there is the textbook definition of a proxy fight: buy a 5-10% stake (we're talking $10-$15 billion here for major money center banks), work with other shareholders, try to replace the directors, change business practices, etc. It's a strategy that works  in many cases, but the sheer amount of stock you'd have to buy to effect a traditional proxy fight makes this strategy neither probable nor plausible. Like I said, the only believable way to do this is a proxy fight via the press: buy a small number of shares, table resolutions at the annual meetings, and leverage those resolutions with the press.


What is excess supervision for you? I got assigned some tasks by my managing analyst, and I might ask one question per day about the task he is giving me. Most often something very specific and niche that I have no idea of knowing, such as what drives the economy of the debt collection industry, or maybe how do I build a model around some obscure regulation. I am interning in commercial banking, without commercial banking experience though.


"Alright, you're continuing to drift off topic. The benefit of clean sources is the comparative lack of pollution during everyday use. It is not as dependable or scalable as its competition. For now.  The idea of ""powering"" an East Coast state with Midwest wind credits is asinine. It completely ignores the benefit of using wind sources. All this does is subsidize Colorado's energy endeavors.   MA and NJ are forced to purchase renewable energy credits, as a result the residents of MA and NJ must now pay higher rates. They see none of the benefits of lower pollution, they are simply being forced to pay more so Coloradans can justify their wind turbines.  Meanwhile, the power plants in these states continue relatively unabated. This is useless bureaucracy.  https://en.wikipedia.org/wiki/Renewable_Energy_Certificate_(United_States)"


Not sure you read my post based on your word choice but.... CFP is more of a marketing ploy from a consumer behavior perspective. You don't need a CFP to have the technology or knowledge to utilize what is taught in the modules and plenty of CFPs will still give shit advice.   When choosing an advisor it comes down to ethics, work ethic, knowledge, experience, and fee structure in that order. Not saying to never hire a CFP, but just because somebody has a CFP doesn't mean they'll actually be any better than any other advisor.


His TTIP energy deal [is really scary](http://action.sierraclub.org/site/DocServer/Analysis_of_EU_Energy_Proposal_TTIP.pdf). because the US could have to pay literally billions of dollars in compensation if we decide for almost any reason to stop fracking.   Just like with the insurance companies and healthcare insurance.  Which is just as crazy because fracking wells only last a short time. its projected to raise the price of energy in the US, a lot.  The rest of what I think is too speculative but it involves a big scam, like the bank scam in 2008. Targeting US taxpayers. I see it coming. Thats how they operate now.


Nope not gonna do it.  Every single person tries to reduce their tax burden, so when a company does it suddenly they are bad.  Get real.  Plenty of companies, liberal loving and conservative companies alike.  Good for them.


OR, the US government could finally take responsibility for taking care of ALL of it's citizens and create some good social programs by cutting it's military expenditure.  Just kidding. Trump wants 10x more nukes. Sigh.  Sadly, the Americans are going to suffer A LOT before a responsible govenrment can come into being.


An alternate take on it might be that an employee who enjoys their work, their environment, and their co-workers has less incentive to look around, and may not even leave if they were offered 50% more. Perhaps efficiency measured in dollars isn't always a good measure.


Since you brought up the salary thing a few times; yes, if the manager was hired at a 50k salary, he should still be taking home his 50k, plus his tips. That's the difference between being an owner and just an employee.   If you want your managers more invested, try a small salary + % over profits each month as a bonus. $400/week + 10% of profits, defined as over X amount in sales each month. Or something more appropriate pay and expectation wise for your location.a


Well, yes.  Lewis (and anybody) is presuming that you accept take advantage of good fortune.  In his own example, though, he wasn't in any way prepared to go into finance.  Having gotten there, and established himself even, he pitched it in favor of writing a book.  Neither of those examples supports everyone calling luck the result of work plus brains.


I am a flight attendant on a private jet and I hear a bank CEO   discussing a merger or a buyout. I proceed to purchase that stock   before the announcement. The CEO did not tell me to buy it, I just   overheard him. If you are a flight attendant on a private jet that is operated by one of the principals, probably including a bank, attorney, consultant, broker, etc., in the merger or buyout, then you probably have a fiduciary duty to safeguard the information and are prohibited from trading. Please see: http://www.kiplinger.com/article/investing/T052-C008-S001-would-you-be-guilty-of-insider-trading.html You’re a janitor at a major company. You hear members of the company’s   board convening outside the room you’re cleaning and decide to hide in   the closet. The board okays a deal to sell the company for a fat   premium to the current share price. You load up on the shares. Illegal   insider trading? Definitely. This is not a public place, and “you’d be in a position to   understand that confidential information was being disclosed, which   changes the calculus,” says Andrew Stoltmann, a Chicago-based   securities lawyer. Also see: http://meyersandheim.com/how-to-win-an-insider-trading-case/ However, between these two extremes of a bystander with no duty to the   corporation and a corporate officer with a clear duty to the   corporation stood a whole group of people such as printers, lawyers   and others who were involved in non-public transactions that did not   necessarily have a duty to the company whose securities they traded.   To address this group of people the courts developed the   misappropriation theory. The misappropriation theory covers people who   posses inside information and who are prohibited from trading on such   information because they owe a duty to a third party and not the   corporation whose securities are traded. Yours is the perfect example. You owe a duty to your employer to operate in its best interests. As for the broader, more common example, where you overhear information in an elevator, restaurant, in line at the coffee shop, etc., trading on such information was found not to be insider trading in SEC v. Switzer: http://law.justia.com/cases/federal/district-courts/FSupp/590/756/2247092/  In this case, Mr. Switzer overheard information at a track meet and traded on it with profits. The court found:  The information was inadvertently overheard by Switzer at the track meet. Rule 10b-5 does not bar trading on the basis of information inadvertently revealed by an insider. On the basis of the above findings of fact and conclusions of law, the   court orders judgment in favor of defendants.


If your employer does not provide you with a place to work but nevertheless expects you to get work done, then having a place to work is a condition of employment.


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I'd try that in a heartbeat. Mind you, I'm not a lonely individual, but I greatly enjoy catching a glimpse of alternate lives, both my own and those of others. I'd pay the extra fees to pick the person with whom I'd lay, most likely opting for the five-hour session. If need be, I'd even pay extra to be able to converse with my temporary partner, talking about their life, and giving them a glimpse into my own, if they are interested. The emotional and physical discovery from such an experience would make me that much more rich of a person.


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"Or you get much more efficent spending because they are focusing on what they think they need instead of merely buying what they were told to buy.  I've seen plenty of situations where we spent tens thousands of dollars to develop a piece of software that we could have bought for roughly 500. But hey, we had money in ""IT staffing"" but none in ""IT software"" so we had no choice."


You are losing something - interest on your deposit.  That money you are giving to the bank is not earning interest so you are losing money considering inflation is eating into it.


Well not over 50%. I would want a very very simple flat rate tax (say around 25-30%) with a high personal allowance (say around $25k) and no tax breaks etc. This seems to be the fairest. Low incomes pay the least and the rich are taxed fairly but not to the extent they feel the need to avoid it.


"This ehow article provides some answers to the question ""How to short US Treasury bonds?"": Open a futures account and short the government 10 year treasury bond contract. There is no accrued interest to be paid. Margin on bond futures is less than 10 percent of market value. In addition, there will be no need to cover the account short with a specific bond. Simply buy back the contract in the open futures market."


What i dont understand is that you actually agree with me that the US is the safest debt issuer at this time but go off on a tangent about how you are sick of this argument? which argument? trust me I get this but i dont think you do.


Martin Shkreli was only able to do what he did, because of the stupid rules government put in place.  There is a reliable generic today.  Many, in fact.  But you can't buy it because it's foreign.  (Oh, think of all the poor Australians, Canadians, and Italians, dropping over dead from their unsafe pills!!! We can't allow that here!  /s)  It's $1 or less a pill in other first world countries with stellar pharmaceutical industries.  Congress could fix it in 10 minutes but they don't.  Shkreli played by the rules put in place.


Yes, it is traditional to tip slaves. Which is what Uber drivers are; retarded slaves, who have not yet worked out that the true income of driving for Uber is never higher than 6 cents per mile. For many vehicles, the true rate will be negative.  Uber is really a way to steal money from yourself, that you have to pay back later - while giving money to Uber, and fucking up your car with massive miles.  If you get in the back seat of an Uber car, you know the person at the wheel is one of two things;  1) retarded   2) Dirt poor  Probably both.  Because if you understand maths, and Total Cost Of Ownership, then you would never ever sign up for Uber.


"Following up on @petebelford's answer: If you can find a less expensive loan, you can refinance the car and reduce the total interest you pay that way. Or, if your loan permits it (not all do; talk to the bank which holds the loan and,/or read the paperwork you didn't look at), you may be able to make additional payments to reduce the principal of the loan, which will reduce the amount and duration of the loan and could significantly reduce the total interest paid ... at the cost of requiring you pay more each month, or pay an additional sum up front. Returning the car is not an option. A new car loses a large portion of its value the moment you drive it off the dealer's lot and it ceases to be a ""new"" car. You can't return it. You can sell it as a recent model used car, but you will lose money on the deal so even if you use that to pay down the loan you will still owe the bank money. Given the pain involved that way, you might as well keep the car and just try to refinance or pay it off. Next time, read and understand all the paperwork before signing.  (If you had decided this was a mistake within 3 days of buying, you might have been able to take advantage of ""cooling down period"" laws to cancel the contract, if such laws exist in your area. A month later is much too late.)"


I have won a large amount of money on an online casino. How reputed is the company? Have you done any research around it? It has taken 2 months for me to see any payouts. Last week I received $2300 check from them.  Did you win everything in the same period? If so there is no reason why they sent you a smaller check of $2300 instead of the full amount. This should raise a red flag. Why would someone write multiple checks. The only valid reason is you won in different months. The payout for first month was $2300 and they sent a check. The payout for next month is large amount ... the request for Bank Details. that they would rather wire me the money and they are asking for my banking account number and routing number. Although giving bank account number and routing has some risks. This is the fundamental information that is need to make a credit to your account directly. You would be giving this to quite a few entities / people. In most countries, this information is printed on every check that you write from your account. Is this safe? Or am I stupid for even considering this? Online world is full of traps and this could be a scam. So proceed with extreme caution. Insist of check. In worst case open a different savings account, that does not allow direct debits, does not have over draft, etc. Use this to receive money and move it into your regular account.


Alternatively, the US government could charter flights and offer free evacuation that way.   In all honesty, this is the way it would be most likely happen. They already have contracts with Southwest, Atlas, and many more. The most common use of these are troop & family transportation.


Let's say I have $10,000, and I invest said monies in mutual fund   XXXXX at $100/share, effectively giving me 100 shares. Now, let's   assume at the end of the year I have a 5% return. My $10,000 is now   $10,500. At what point does my investment benefit from compounded interest?   Monthly? Quarter? Yearly? Does it even benefit? Daily would be my answer as your investment, unless you are selling shares or not re-investing distributions is getting the following day's change that impacts the overall return. Consider how if your fund went up 2% one day and then 2% another day from that $10,000 initial investment. The first gain brings it up to $10,200 and then the second makes it $10,402 where the extra $2 is from the compounding. The key though is that these are generally small movements that have to be multiplied together. Note also that if your fund goes up and down, you may end up down overall given how the returns compound. Consider that your $10,000 goes up 10% to $11,000 and then down 10% to result in $9,900 as the return for up x% and down x% is (1+x)(1-x)=1-x^2 which in this case is 1% as 10% of 10% is 1%. The key is how long do you keep all the money in there so that the next day is applied to that amount rather than resetting back to the initial investment.


I've used BigCharts (now owned by MarketWatch.com) for a while and really like them. Their tools to annotate charts are great.


Videos linked by /u/Pas__:  Title|Channel|Published|Duration|Likes|Total Views :----------:|:----------:|:----------:|:----------:|:----------:|:----------: [CNN treats politics like sports — and it’s making us all dumber](https://youtube.com/watch?v=4pS4x8hXQ5c)|Vox|2017-04-17|0:06:03|27,676+ (95%)|679,751 [What happens when you treat health care like a soap opera](https://youtube.com/watch?v=6fKsBj2M-T8)|Vox|2017-06-07|0:06:17|19,172+ (93%)|476,243  ---  [^Info](https://np.reddit.com/r/youtubot/wiki/index) ^| [^/u/Pas__ ^can ^delete](https://np.reddit.com/message/compose/?to=_youtubot_&subject=delete\%20comment&message=disdi8w\%0A\%0AReason\%3A\%20\%2A\%2Aplease+help+us+improve\%2A\%2A) ^| ^v1.1.2b


"I'm interning at a boutique firm that doesn't have an established or structured program. Frankly it often seems like they don't knows what to do with me. It feels like traders have lot to do, but they don't want to hand any of it off to the intern eager to do their menial stuff. I don't even know what their menial stuff is. It's a Catch-22: Can't learn without doing, can't do without being taught.   What should I be doing?   How often should I be going around asking ""What do you need me to do?"" without it getting annoying?"


You could classify the mortgage as a different assets class and then create automated additions and deductions to the account as deems fit. other than that quickbooks online is a bit fishy so it seems.


Not everyone there is rich so not sure what you are getting at by labeling it as a rich community. Deal, NJ I can see you saying it as rich but not Lakewood. There are plenty of families there who honestly qualify for help from the Government.


No, Walmart does not rely on government support of workers. That is a very child like view of the matter. Let's not make these people out to be victims. If those workers are not earning enough at Walmart, they should be searching for work elsewhere, or other jobs to supplement their incomes. Nobody is forcing them to work there. This type of job is really best suited for a student, or a retired person, who aren't trying to support a family, etc.  Also, Walmart is only one of a million businesses who operate as a low-cost leader, and I guarantee you that you enjoy the low prices that these companies charge on a regular basis. And this makes you a hypocrite, really, because your purchases are supporting their way of doing business, which in turn leads to the low wages. So if you really want to go down the blaming road, we can blame you as well.  Now, having said that, I believe a living wage is a good thing, and I support legislation in favor of this as a solution to the problem, rather than trying to stifle the natural flow of business by singling out one company and blaming them. And doing this won't harm companies like Walmart; they will still operate just as usual, only *all the prices, at every low cost store* will increase as a result of the higher wages.


Article (behind paywall):  > There has been a glut of gloomy Brexit predictions about the UK’s financial services industry. Consultancy Oliver Wyman has said up to 75,000 jobs could leave Britain. EY, another consulting firm, thinks as many as 83,000 roles could move. The London Stock Exchange Group has plumped for 100,000.  > Much of the analysis is based on worst-case “hard Brexit” scenarios, involving only a very loose association or no deal at all between the UK and the EU. The banking industry would be most at risk, experts agree, but there would also be some impact on insurance. Analysts have been more optimistic, however, about the asset management industry.  > For anyone paying attention over the summer break, though, this last piece of received wisdom has been thrown into doubt.  > In mid-July, Esma, the EU securities regulator, published an opinion paper, suggesting national regulators should take a tougher line on policing the asset management sector after Brexit.  > In particular, it zeroed in on “delegation” rules that allow a fund management company registered in one country to outsource its asset management to another place, either within the EU or outside it.  > This sounds like pretty arcane stuff. But it is crucial architecture for the European and global asset management industry. Philip Warland, a former Fidelity executive who is now a consultant, reckons about 90 per cent of EU assets under management make use of delegation rules. Most European funds are registered in Dublin or Luxembourg, but the actual fund management takes place globally, with the largest chunk delegated to London.  > Anecdotal evidence suggests France is very keen to win more of this business. And when Esma published its paper, the UK industry smelled a rat. Not only is the regulator Paris-based, but the “convergence” agenda, under which the opinion paper was published, is the responsibility of Sophie Vuarlot-Dignac, a seasoned French regulator.  > The wording in the delegation section of the document has alarmed some fund managers. “Delegation to non-EU entities could make oversight and supervision of the delegated functions more difficult . . . National competent authorities should therefore give special consideration to such delegation arrangements and be satisfied that their implementation is justified based on objective reasons despite the additional risks which may arise from them.”  > In plain language, that could mean at the very least that more risk management functions need to be put on the ground where a fund is registered, or at most that no fund management functions can be delegated outside the EU.  > Taken to its logical extreme, this would not only be very disruptive for the asset management industry and the current hubs in the UK, the US and Asia where most of the best fund managers are based, but there would in likelihood be a second-order magnetic effect on the investment banks, whose traders and salespeople would need to follow their fund manager clients to parts of mainland Europe. If that happened, those apparently doom-mongering post-Brexit job-move predictions might start to look conservative.  > According to Efama, the European fund management association, total assets under management in Europe last year were €22.8tn, equivalent to almost a third of the global total. More than 4,000 asset management groups are registered in Europe directly employing 100,000 people, nearly 40 per cent of them in the UK. Across the EU, close to half a million people are in jobs that service the asset management industry.  > All of the above is a worst-case interpretation of a non-binding document. Eyes are now turning to the European Commission, which is due next January to review the AIFMD, a directive that covers “alternative” asset managers such as hedge funds.  > It may also review the directive on Ucits — the rules on mutual funds based in the EU. Even if the commission did decide the delegation rules should be tightened, any changes would need to go through the full EU process at the European Parliament and European Council. Fund experts believe Ireland and Luxembourg, which have prospered as global administration hubs for the industry thanks to the current rules, would reject calls for change, no matter how hard France pushes.  > Such optimism may prove justified, but in the meantime another Brexit risk for London has appeared on the horizon.


Depends, sure you could save a buck or two here and there but maybe that time could be used for better things - i.e. earning a side income It's all situational and relative to you and where you are in life - try things, don't be afraid of mistakes


"> a provocation of ""the unwashed masses"".  In 1944, FDR put a **94%** marginal tax on anyone earning more than $23,000 (that's $400k in today's terms). plus a **70%** corporate tax. This led to the great american boom where we got all our infrastructure in the 50s and 60s. That's when America was ""great"".   > the American Dream is strong  it's actually well and truly over. the rot started in the mid 70s, and is now dead. there is a joke that they call it the ""American Dream"" because you would have to be asleep to believe it. watch this excellent documentary - trailer: https://www.youtube.com/watch?v=CyFSvnLnCZ0  edit: if you have more time, here in full: https://www.youtube.com/watch?v=RIgebDs6PoM"


"Option pricing models used by exchanges to calculate settlement prices (premiums) use a volatility measure usually describes as the current actual volatility.  This is a historic volatility measure based on standard deviation across a given time period - usually 30 to 90 days.   During a trading session, an investor can use the readily available information for a given option to infer the ""implied volatility"".  Presumably you know the option pricing model (Black-Scholes).  It is easy to calculate the other variables used in the pricing model - the time value, the strike price, the spot price, the ""risk free"" interest rate, and anything else I may have forgotten right now.  Plug all of these into the model and solve for volatility.  This give the ""implied volatility"", so named because it has been inferred from the current price (bid or offer). Of course, there is no guarantee that the calculated (implied) volatility will match the volatility used by the exchange in their calculation of fair price at settlement on the day (or on the previous day's settlement).  Comparing the implied volatility from the previous day's settlement price to the implied volatility of the current price (bid or offer) may give you some measure of the fairness of the quoted price (if there is no perceived change in future volatility).  What such a comparison will do is to give you a measure of the degree to which the current market's perception of future volatility has changed over the course of the trading day.   So, specific to your question, you do not want to use an annualised measure.  The best you can do is compare the implied volatility in the current price to the implied volatility of the previous day's settlement price while at the same time making a subjective judgement about how you see volatility changing in the future and how this has been reflected in the current price."


A good fundamental test book, besides Damodaran already mentioned in the comments, is: Valuation - Measuring and Managing the Value of Companies by Tim Koller, Marc Goedhart and David Wessels. It gives a very good breakdown of the DCF method for Valuation.


I thought it was such a useful suggestion that I went ahead and created them. I'm sure you're not the only one who could derive some benefit from them, I know I will. http://www.investy.com/tools When I have some additional time, I will add the option for grace-periods, but for now I wanted to get them up so you could use the calculations as-is from the article. Enjoy. (Disclosure: I'm the founder of the site they are hosted on and I wrote the code for the calculators)


Banks work pretty hard to make themselves a big part of your life with bill pay, auto-deposit, loans and other services.  You need to carefully unwind each one and be on the lookout for fees.  If you close a savings account, will your checking account suddenly have fees?  If you stop auto deposit, will there suddenly be a fee? Do you have a business that deposits money?  A Google Ad sense account?  PayPal or the equivalent?  These all might be tied to your bank accounts. Wait a couple of months, leaving enough cash in the old back to prevent fees if possible.  If two months go by and there isn't any activity on the account, you can probably close it. After you are sure all the written checks have cleared, go to the back and get a counter check for the balance of the account.   You could alternately just write yourself one more check for the remaining balance and call the bank to close the account.  You could electronically transfer the funds if you wanted too.  HOWEVER, it is important to be careful of the timing, the last thing you want to do is write a check or transfer the money after the account is closed. (per Dilip Sarwate) If you do the check and phone call thing, make sure you do it in a short enough period of time that you don't incur a fee. Having and closing regular bank accounts won't have any tax implications in the US.


"In most cases of purchases the general advice is to save the money and   then make the purchase. Paying cash for a car is recommended over   paying credit for example. For a house, getting a mortgage is   recommended. Says who? These rules of thumb hide the actual equations behind them; they should be understood as heuristics, not as the word of god. The Basics The basic idea is, if you pay for something upfront, you pay some fixed cost, call it X, where as with a loan you need to pay interest payments on X, say %I, as well as at least fixed payments P at timeframe T, resulting in some long term payment IX. Your Assumption To some, this obviously means upfront payments are better than interest payments, as by the time the loan is paid off, you will have paid more than X. This is a good rule of thumb (like Newtonian's equations) at low X, high %I, and moderate T, because all of that serves to make the end result IX > X. Counter Examples Are there circumstances where the opposite is true? Here's a simple but contrived one: you don't pay the full timeframe. Suppose you die, declare bankruptcy, move to another country, or any other event that reduces T in such a way that XI is less than X. This actually is a big concern for older debtors or those who contract terminal illnesses, as you can't squeeze those payments out of the dead. This is basically manipulating the whole concept. Let's try a less contrived example: suppose you can get a return higher than %I. I can currently get a loan at around %3 due to good credit, but index funds in the long run tend to pay %4-%5. Taking a loan and investing it may pay off, and would be better than waiting to have the money, even in some less than ideal markets. This is basically manipulating T to deal with IX. Even less contrived and very real world, suppose you know your cash flow will increase soon; a promotion, an inheritance, a good market return. It may be better to take the loan now, enjoy whatever product you get until that cash flows in, then pay it all off at once; the enjoyment of the product will make the slight additional interest worth it. This isn't so much manipulating any part of the equation, it's just you have different goals than the loan. Home Loan Analysis For long term mortgages, X is high, usually higher than a few years pay; it would be a large burden to save that money for most people. %I is also typically fairly low; P is directly related to %I, and the bank can't afford to raise payments too much, or people will rent instead, meaning P needs to be affordable. This does not apply in very expensive areas, which is why cities are often mostly renters. T is also extremely long; usually mortgages are for 15 or 30 years, though 10 year options are available. Even with these shorter terms, it's basically the longest term loan a human will ever take. This long term means there is plenty of time for the market to have a fluctuation and raise the investments current price above the remainder of the loan and interest accrued, allowing you to sell at a profit. As well, consider the opportunity cost; while saving money for a home, you still need a place to live. This additional cost is comparable to mortgage payments, meaning X has a hidden constant; the cost of renting. Often X + R > IX, making taking a loan a better choice than saving up. Conclusion ""The general advice"" is a good heuristic for most common human payments; we have relatively long life spans compared to most common payments, and the opportunity cost of not having most goods is relatively low.  However, certain things have a high opportunity cost; if you can't talk to HR, you can't apply for jobs (phone), if you can't get to work, you can't eat (car), and if you have no where to live, it's hard to keep a job (house). For things with high opportunity costs, the interest payments are more than worth it."


headcounts... I racked 12k in overtime compensation last year, asking the superiour why we wouldn't simply hire someone, seeing that the whole team worked under the same conditions, the answer was, headcount wouldn't get approved, while he was able to get the overtime compensation approved due to sourcing the funds from a different budget, getting a new perm proves difficult - especially if you function in a matrix. it's corporate politics that requires a fight, that only few superiours will risk, if it's not them haging over the edge as a result & a damn shame, if you ask me, seeing that there are so many young well educated people not having any work at all. if you think the extra bucks is nice: working years on overtime bears cost, that's not worth the money - on the other hand, you also have people that have to work overtime without having the choice of compensation.


Businesses underprice -- sometimes severely -- to gain market share all the time. When I started my company 14 years ago we were charging peanuts and losing money on every deal, all we cared about was building a customer base and we figured we would properly monetize later. We lost money in the short run, but the strategy worked.


The likely outcome of adding extra money to your escrow account is that the bank will send you a check for excess funds at the end of the year (or whenever your property tax and insurance payments are processed). Could you just redeposit that money immediately? Possibly. I bet most banks wouldn't care and would just follow the routine of clearing the excess from the account next time they process payments. I've never received a 1099 for interest in an escrow account. It is possible that when you start earning enough interest that a 1099 is required by law ($10/year) that the bank gets a little more aggressive about pushing your money back to you. I'm not sure why that hassle is any better than just opening up your average internet savings account (many don't have any of the fees you mentioned) and parking it there with a similar interest rate. You can deposit and withdraw using ACH transactions that post by the next business day. That said, unless they do start rejecting your money, there aren't a lot of downsides in your plan.


Crypto will make us all rich when it becomes the new standard highly volatile currency.   As we all know how attractive a highly volatile currency is.   Who doesn't want to save on 1% banking fees for cross border transactions when you could use crypto and potentially make or lose 20%.   /s


https://mediabiasfactcheck.com/about/  Media Bias/Fact Check (MBFC News) is an independent online media outlet. MBFC News is dedicated to educating the public on media bias and deceptive news practices.  MBFC News’ aim is to inspire action and a rejection of overtly biased media. We want to return to an era of straight forward news reporting.  Funding for MBFC News comes from site advertising, individual donors, and the pockets of our bias checkers.  MBFC News follows a strict methodology for determining the biases of sources. Dave Van Zandt is the  primary editor for sources. He is assisted by a collective of volunteers who assist in research for many sources listed on these pages.  MBFC News also provides occasional fact checks, original articles on media bias and breaking/important news stories, especially as it relates to USA politics.  MBFC News was founded by Dave Van Zandt in 2015.  Dave studied Communications in college and over the years has focused on personal research in media bias and the role of media in politics.  Dave is a registered Non-Affiliated voter who values evidence based reporting.  https://www.mywot.com/en/scorecard/mediabiasfactcheck.com  https://mediabiasfactcheck.com/2016/07/20/the-10-best-fact-checking-sites/  Far from perfect, they are pretty good.


"#####&#009;  ######&#009;  ####&#009;  [**Share repurchase**](https://en.wikipedia.org/wiki/Share%20repurchase): [](#sfw)   ---  >  >__Share repurchase__ (or __stock buyback__) is the re-acquisition by a [company](https://en.wikipedia.org/wiki/Company) of its own stock.  In some countries, including the [US](https://en.wikipedia.org/wiki/United_States) and the [UK](https://en.wikipedia.org/wiki/United_Kingdom), a [corporation](https://en.wikipedia.org/wiki/Corporation) can repurchase its own [stock](https://en.wikipedia.org/wiki/Stock) by distributing [cash](https://en.wikipedia.org/wiki/Cash) to existing [shareholders](https://en.wikipedia.org/wiki/Shareholder) in exchange for a fraction of the company's outstanding [equity](https://en.wikipedia.org/wiki/Shareholders%27_equity); that is, cash is exchanged for a reduction in the number of [shares outstanding](https://en.wikipedia.org/wiki/Shares_outstanding).   The company either retires the repurchased shares or keeps them as [treasury stock](https://en.wikipedia.org/wiki/Treasury_stock), available for re-[issuance](https://en.wikipedia.org/wiki/Issued_capital).  >Under US [corporate law](https://en.wikipedia.org/wiki/Corporations_law) there are five primary methods of stock repurchase: open market, private negotiations, repurchase '[put](https://en.wikipedia.org/wiki/Put_option)' rights and two variants of self-tender repurchase: a fixed price [tender offer](https://en.wikipedia.org/wiki/Tender_offer) and a [Dutch auction](https://en.wikipedia.org/wiki/Dutch_auction). In the late 20th and early 21st centuries, there was a sharp rise in the volume of share repurchases in the US: [US$](https://en.wikipedia.org/wiki/United_States_dollar)5 [billion](https://en.wikipedia.org/wiki/1000000000_(number\)) in 1980 rose to US$349 billion in 2005.   >It is relatively easy for insiders to capture insider-trading like gains through the use of ""open market repurchases"". Such transactions are legal and generally encouraged by regulators through safe-harbours against [insider trading](https://en.wikipedia.org/wiki/Insider_trading) liability.    >  ---  ^Interesting: [^Accelerated ^share ^repurchase](https://en.wikipedia.org/wiki/Accelerated_share_repurchase) ^| [^Dividend](https://en.wikipedia.org/wiki/Dividend) ^| [^Equity ^\(finance)](https://en.wikipedia.org/wiki/Equity_\(finance\)) ^| [^Treasury ^stock](https://en.wikipedia.org/wiki/Treasury_stock)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&subject=AutoWikibot NSFW toggle&message=%2Btoggle-nsfw+cjwf4oy) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&subject=AutoWikibot Deletion&message=%2Bdelete+cjwf4oy)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"


"While acknowledging that the Affordable Care Act (aka Obamacare) had much success in providing coverage to low-income Americans—particularly through the law's expansion of Medicaid—Commonwealth Fund President David Blumenthal, M.D., said the U.S. healthcare system is still not working as well as it could for Americans, and it works especially poorly for those with middle or lower incomes.""  ""Underscoring this point, the Commonwealth Fund's analysis noted that ""in the U.S., 44 percent of lower income and 26 percent of higher income people reported financial barriers to care."" In the U.K., these percentages are seven and four.""  Want to bet that a good chunk of those 44% were in states that didn't expand Medicaid?"


"> Boeings requirements for it's mechanics is ""pass drug test, graduated high school"".  ...And that's where I stopped reading. You know what the problem is with guys that ""started using a headhunter immediately after junior year ended"" is? They think they know about things they have no idea about. You're out of your league, kid. And I say that understanding full well your illustrious credentials."


As someone who knows about farms, I am surprised you don't realize most mega farms use antibiotics not because of normal animal health issues but due to feeding animals a diet that keeps them sick birth to slaughter (cows are not meant to eat corn for example). Or because of unhealthy, densely packed environments (chickens who can't even move while living in their own filth).


"You obviously know staggeringly little about the automotive industry. Thanks for putting it on display.  _edit_ You talk about companies like GM and BMW like they haven't been working on electric systems for _years_, and you throw the word ""technology"" around like some kind of buzzword you don't understand. The Model S does not operate on ""magic"", and outside of the drive train is no more sophisticated (less if you look at the actual available features) than your average E-Class or 5 series."


Thank you!  I will read up on that.  Makes me wonder whether there is a niche market in european countries with a growing muslim population, or the majority of muslims do not care if their banking is sharia conform.


Wells Fargo or pre-sale Yahoo -- or any other large company that give golden parachutes to incompetent CEOs.  I have no illusions about my abilities.  On the other hand, I can't be any worse than some of those bastards.


2,000 hours or 2,500 hours at time-and-a-half  Yikes!  OK, so let's say you work a full 40 hours a week, 50 weeks a year (2 weeks vacation.) That's 2000 hours right there.   If you're pulling in 2000 hours of OT that means you're working 80 hours a week, 16 hour days.  I make $27.88/hour on my current gig, OT would be 41.82 * 2000 hours would be $83,653 on top of the $58K I already make. $141K per year. In order to hit $221,000 their wage must be $43.51/hour with an annual income of 90,500.8 for 40 hours a week and then $130,530 for working the additional 40 hours a week.


"Your question contains a faulty assumption: During crashes and corrections the amount of sellers is of course higher than the amount of buyers, making it difficult to sell stocks. This simply isn't true.  Every trade has two sides; thus, by definition, for every seller there is buyer and vice versa.  Even if we broaden the definition of ""buyers"" and ""sellers"" to mean ""people willing to buy (or sell) at some price"", the assumption still isn't true.  When a stock is falling it is generally not because potential buyers are exiting the market; it is because they are revising the prices they are willing to buy at downward.   For example, say there are a bunch of orders to buy Frobnitz Consolidated (DUMB) at $5. Suppose DUMB announces a downward revision to its earnings guidance. Those people might not be willing to buy at $50 anymore, so they'll probably cancel their $50 buy orders.  However, just because DUMB isn't worth as much as they thought it was, that doesn't mean it's completely worthless.  So, those prospective buyers will likely enter new orders at some lower value, say, $45.  With that, the value of DUMB has just dropped by $5, a 10% correction.  However, there are still plenty of buyers, and you can still sell your DUMB holdings, if you're willing to take $45 for them. In other words, the value of a security is not determined by the relative numbers of buyers and sellers.  It is determined by the prices those buyers and sellers are willing to pay to buy or accept to sell.  Except for cases of massive IT disruptions, such as we saw in the ""flash crash"", there is always somebody willing to buy or sell at some price."


The oat cream is even better. Unlike soy cream it behaves just like normal cream for cooking. My wife can't deal with cream and until we discovered oat cream I had to drop a lot of awesome stuff from our menu.  I still bring it back every time I visit Europe.  (I have also secretly been hoping for a stop because you are not supposed to bring in dairy products, but the customs boys are either keen or - more likely - not paying attention)


The satisfaction from gains packs less of an emotional impact than the fear of loss. It's very difficult for many people to overcome this fear, so when prices begin to fall, many investors sell to minimize their potential loss. This causes a further drop, which can lead to more selling as other investors reach their emotional threshold for loss. This emotion-based selling keeps the market inefficient in the short term. If there aren't enough value investors waiting to scoop up the stock at the new discount, it can stay undervalued for a long time.


This may not apply in your particular situation, but I think it's important to mention: When a debt collector doesn't act like a debt collector, it may be because they aren't actually a debt collector. It's certainly strange that someone called you to collect money from you, and when you asked for a simple document, they not only got off the phone quickly but they also told you the debt would be cancelled. That just doesn't make sense: Why would they cancel the debt? Why wouldn't they send you the document? My initial impression is that you were possibly being scammed. The scam can take on many forms: Whenever you are called by a debt collector (or someone pretending to be one), it's a good idea to verify their identity first. More info here.


Masai Auto City is a trustable place, from where you can buy active used car which is certified by our expert team. If you have to buy the second hand and want to save the money, then you should come here and visit our place. We have more than 1000 thousand insisted car that is every our car dynamic and awesome in condition Skudai used car. We offer you most noticeable second hand that is all around ensured the vehicle from our ruler gathering, they check the car. The Masai Auto City is a decent open door for those individuals who need to spare the cash and purchase second hand auto in the best condition.


It depends on how long it will take you to pay off the personal loan, the rate for the personal loan, the refi rate you think you can get, how much principal you will have to add to get the refi (may have gone up since then). Since you did not provide all the necessary details, the general answer is to sketch out your total payments (mortgage + personal loan) with and without the refi over the life of the mortgage and see if you end up with more money in your pocket with the refi. My overall impression based on the details you did provide is that you will probably find it worthwhile to do the refi.


I've had the same thoughts recently and after reading Investing at Level 3 by James Cloonan I believe his thesis that for the passive investor you're giving up too much if you're not 100% in equities. He is clear to point out that you need to be well aware of your withdrawal horizons and has specific tactics for shifting the portfolio when you know you must have the money in the next five years and wouldn't want to pull money out when you're at a market low. The kicker for me was shifting your thought to a plotting a straight line of reasonable expectations on your return. Then you don't worry about how far down you are from your high (or up from your low) but you measure yourself against the expected return and you'll find some real grounding. You're investing for the long term so you're going to see 2-3 bear markets. That isn't the the time to get cold feet and react. Stay put and it will come back. The market gets back to the reasonable expectations very quickly as he confirms in all the bear markets and recessions of any note. He gives guidelines for a passive investing strategy to leverage this mentality and talks about venturing into an active strategy but doesn't go into great depth. So if you're looking to invest more passively this book may be enough to get you rolling with thinking differently than the traditional 70/30 split.


Except the ads before a movie are not the primary revenue source, and just because data can be gathered, doesn't mean it is worth anything. Unless they have some incredibly obtuse and far reaching method of finding all kinds interconnecting phenomena, their data isn't going to be much better than what theaters or a service like Fandango probably already offer. There's an endless web of attributes that can make or break a movie, and studios have been refining prediction, measurement, and testing for decades. I don't think a movie ticket app is going to have any game changing insights that tells them who to cast, how to write, or who to market to. It isn't that hard to work out demos and viewing habits of their audience, in fact it's probably among the easiest data they already collect.


When I worked for a few years in Ontario, there was Paternity Leave. I didn't pay much attention to how it worked, but I think the parents could split the leave up among themselves as they saw fit. So when my manager Phil had a kid, his wife took off for the first few months, and when she was ready to go back to work, he took off for the remaining few months.  Which is really how it should be in America. What if the woman is the one with the higher salary? It might make more sense for the couple to have the man take the majority of the leave, minus some time for physical recovery and the early bonding.


I'm a two time Dungeons and Dragons World Champion - or whatever.  There are as many ways to answer your question as there are ways to be competitive. But that's not the point. I think you're doing yourself a disservice by employing a pop-psychology approach that has very little value in evaluating potential candidates. You'll succeed in picking out who shares your interest in sports, but little else. Even the famous [Meyers-Briggs Test](Meyershttp://en.wikipedia.org/wiki/Myers-Briggs_Type_Indicator#Reliability) has been generally dismissed as unreliable.  Seeking information in a roundabout way is like shooting an arrow into the air and hoping to hit the bullseye. Just aim directly for the target and you'll get better results. If you want to know if someone is competitive, ask them if they're competitive. - explain why a competitive nature is important. Complete transparency and honesty is always the best approach.   Any trained psychologist will tell you (and I know several) that your method is not only ineffective, but recklessly assumptive.


"You will be able to use the subsequent 4% matching contributions as repayments toward the HBP in the same tax year. You can designate it as such when you do your tax return for the year. Note that the first payment for HBP will be in the second year after you withdraw from your RRSP, but you are free to designate any contributions before this time toward the HBP repayment. One blog post indicates that if you pay more than the minimum amount in any year (including pre-payments prior to the first required payment), ""future payments will be the remaining amount owing divided by the number of payment years remaining."" My experience with my LLP repayment (similar to HBP) is the same."


"> As for point c if you believe that it is a requirement for companies to pay above welfare levels then campaign for that to become law.  This is technically true, but if you believe it is even remotely possible  with the current political climate we live in, then this is also incredibly naive.  Wal-Mart spends millions and millions in lobbying efforts  precisely to stop the kind of laws you're talking about from happening.  To solve this at the political level, we'd first need to have a federal  government that functioned in the first place.  But as long as Republicans  filibuster and block *everything and anything* the ""other side""   proposes, we ain't solving even simple matters, much less this one.  What we need is for more people to understand what the problem is, the imbalance, the unfairness.  This is at the heart of the Occupy movement.  But this message is detrimental to the mass media outlets,  so that balloon is deflated as soon as it gets too big."


"Because it ignores several important facts, namely:  A) The base value from infrastructure is derived on a per-capita basis. It is a ""fixed cost"" as opposed to a variable one. In other words, roads are just as useful to me as they are to you regardless of my net worth. A tank, a missile, a police officer protects me the same as it does anyone else.  B) As a percentage of income, infrastructure is far more valuable to low-income individuals than high-income individuals. A simple example: if I have $5M in net worth, I can invest it in the stock market and stay home. If you don't have that option, you need to go to work and that will likely require roads. I won't be taking unemployment benefits, but you are far more likely to. And so on.  C) The activities of business owners generate massive tax revenues. These far outweigh their personal utility from infrastructure.  D) Society captures the majority of individual commercial efforts (estimates vary, but typically 85%). In other words, if I generate $10.00 of value as an entrepreneur, I will realistically be able to capture only $1.50 of that.  The ""infrastructure"" argument has been shamelessly used to fool low and middle income voters. The truth is that infrastructure benefits these voters (and the government) far more than it does wealthy individuals."


Use software that calculates your net worth and track it over time. I track my personal finances in Mint, and I love checking my net worth every week. It's turned into a kind of competition with myself...  It's like keeping track of how fast you run a 5k, or how many pounds of weight you've lost. It helps you determine if you are making progress, and if you, it's positive reinforcement that you are doing the right things.


They could have just lowered the price of the car. They were selling a 75 battery at this price with just some digital handcuffs added so that the previous 75 battery people wouldn't get sour that the car they had bought at a certain price was now cheaper. It's DRM. If the hardware can do more but the software deliberately won't let it, it's DRM. If you're fine with this practice then you're fine with it. I don't like it at all. You don't have to agree with me.  P.S. Will space ships from SpaceX in the future be like this too? I used to want a Tesla model S, but now I don't. I don't want a car that someone else controls. Unfortunately many cars today are like that.


The company provides the best motorbike services center in Florida. While protection is an aggregate misfortune protection strategy, that will pay the distinction of the sum your cruise insurance agency pay's you for an aggregate misfortune on your bike and the estimation of your bike credit. Is it true that you are acquiring a utilized cruiser or Henderson motorcycles? On the off chance that so there is presumably impossible for you to buy hole protection on the grounds that most hole protection strategies are just great on fresh out of the box new motorcycle.


I'm answering this from a slightly different angle, but there are people (individuals) who will do this for you. I know private Forex traders who are 'employed' to manage Forex trading accounts for wealthy individuals. The trader takes a percentage of the wins but is also responsible for a percentage of the loss (if there is a loss in a particular month). However the fact that the trader is able to prove that they have a consistent enough trading history to be trusted with the large accounts generally means that losses are rare (one would hope!). Obviously they have contracts in place (and the terms of the contract are crucial to the responsibility of losses) etc. but I don't know what the legalities are of offering or using this kind of service. I just wanted to mention it, while perhaps not being the best option for you personally, it does exist and matches your requirements.  You would just have to be extremely careful to choose someone respectable and responsible, as it would be much easier to get ripped off while looking for a respected individual to trade your account than it would be while looking for a respected firm (I would imagine).


Assuming you're residential and light commercial (maintenance, etc), pedal your wares to local businesses, landlords, churches, etc, but come with information ready to go (rates, services, contact information, payment options).  Businesses need people that they can rely on just as much as individuals, and those businesses are made up of individuals that can use you when they need something (I used my office's plumber/HVAC tech when I needed a new main - I knew that they had a good rep because we'd been using them for so long).  Also, those businesses can provide you with regular business since they may need regular, scheduled maintenance.  You'll need to find the office or building manager.  Make sure that your good clients have some extra copies of your card so that they can do some marketing for you.  When it comes to plumbing, a lot of people are worried about 1) price, 2) experience & abiltiy, 3) professionalism, 4) warranty.  It's not only hard to get this from a phone book or a website, it's hard to trust it.  But, when you get the information from one of your friends, it carries weight.  So, following that, treat your clients well.  Be fair, be clean, be honest.  When you've got a problem, take care of it quickly and thoroughly.  These will pay you back if you're playing the long game.  Keep your guys, your truck, and your work-space clean.  Uniforms, or at least shirts, make you look like you've got it together.  Also, it provides your clients with a sense of security because they can recognize who you are.  Whether you're working on a house or a business, it is likely not *your* house or business, so remember that you a guest.  Be courteous, not familial but professional, protect their property by not tracking mud or leaving pipe dope smears on the doors.    Look for ways to build your bottom line and help your client at the same time.  If you've got to hack up a front yard, offer to include grading and reseeding in your price.  It makes the job feel finished, and often it is something that the client doesn't want to be involved in anyway.  You don't know anything about grading or seeding?  Hook up with a trusted local landscaper that can do it for you, but cover it in your price to keep the client with a single source.  Best of luck.  Plumbing is not an easy job.  It takes a tough person to want to handle other people's sewage.


"'dumb on purpose'? -- uncalled for.  The primary point of the comment you replied to was calling out that a bike vs a tesla was not much of a race at all...specifically a ""bike racing a car"".  You replied 'not sure if serious', focusing on an inconsequential detail of the statement (price of the bike).  The parent could have said $10k or 20k and it still wouldn't have invalidated the primary point."


Some platforms/brokers have HTB indication for a stock symbol, meaning Hard To Borrow. That usually means you can't sell it short at the moment.


Since you are not paying the full balance off each month you are carrying a balance from month to month. That balance is being charged some interest rate X. With a balance transfer, the new credit card pays off that balance. As a result you now have a balance of the same amount (plus any processing charges) on the new credit card. Hence the balance has transferred from the old to the new. And you now pay the new credit card. Ideally you do this because the new credit card is offering a reduced interest rate, saving you money. Though be warned often that transfer rate is a limited time deal and any left over after the window expires will be charged the higher rate.


It might mean Equal Weighted based on Market cap, rather than Price?  For instance, All of MSCIs indexes are based on security's market cap, but then a factor is applied to give them equal weights once a quarter.  From then on, weights will fluctuate based on market cap performance.    Edit.  Not sure why down voted, but you can check here http://www.msci.com/eqb/methodology/meth_docs/MSCI_Equal_Weighted_Indices_Methodology_May11.pdf  So each quarter weights are set to be equal, but then between quarters the weights fluctuate due to performance


Recently had a discussion with my boss about how absurdly valued these tech acquisitions happen to be, but reading the article made me realize a little more. People are voting with their money -- we are funding people very cheaply based on the ideas they have.


You're realizing the perils of using a DCF analysis.  At best, you can use them to get a range of possible values and use them as a heuristic, but you'll probably find it difficult to generate a realistic estimate that is significantly different than where the price is already.


Don't forget: Praise in public, criticize in private. Continue to see the best in people until they give you a reason not to and always keep taking chances on your employees. Rely on them to know their strengths. That will gain a professionals respect.


"No idea if Linkedin will be helpful but seek and you will find.     Of all the most ""successful"" people I've wanted to learn from and have reached out to, all have been willing to help. Offer to buy them lunch/dinner etc. Go somewhere nice. Draw it out. You'll learn a lot."


Wrong on so many counts.  I have worked with many start-ups, and the well-run ones have all payed their employees good salaries.  They also have mostly older employees (30+) with families and kids, and work reasonable hours.  If you are worried about some VC guy, then don’t let them scam you.  It is their job to squeeze the most equity for the least amount.  As long as whoever in charge knows what they are doing, this will never happen.  Remember, first and foremost, it is a business, and if you see it not making money, or not having the possibility of making money, then don’t work there.  Know what you are getting paid, and know your equity. It can work out great.  I know a lot of people who have ridiculous amounts of cash working at start-ups, and they all stick together and use their experience to have repeat successes.


"I think to some extent you may be confusing the terms margin and leverage. From Investopedia Two concepts that are important to traders are margin and leverage. Margin is a loan extended by your broker that allows you to leverage the funds and securities in your account to enter larger trades. In order to use margin, you must open and be approved for a margin account. The loan is collateralized by the securities and cash in your margin account. The borrowed money doesn't come free, however; it has to be paid back with interest. If you are a day trader or scalper this may not be a concern; but if you are a swing trader, you can expect to pay between 5 and 10% interest on the borrowed money, or margin. Going hand-in-hand with margin is leverage; you use margin to create leverage. Leverage is the increased buying power that is available to margin account holders.  Essentially, leverage allows you to pay less than full price for a trade, giving you the ability to enter larger positions than would be possible with your account funds alone. Leverage is expressed as a ratio. A 2:1 leverage, for example, means that you would be able to hold a position that is twice the value of your trading account. If you had $25,000 in your trading account with 2:1 leverage, you would be able to purchase $50,000 worth of stock. Margin refers to essentially buying with borrowed money.  This must be paid back, with interest.  You also may have a ""margin call"" forcing you to liquidate assets if you go beyond your margin limits. Leverage can be achieved in a number of ways when investing, one of which is investing with a margin account."


"In India, Can I write a multi-city cheque to myself (Self cheque) and present to non-home branch to withdraw money? If yes, Can bank deny this transaction?  Yes you can. There are limitations on the amount advised from time to time.  What is ""genuine transactions / bonafide remittances""? The multi-city cheque were created / issued to ease the clearing time. Previously outstation cheques would take max of 1 month by law. having a Multi-City cheque reduces this to max of 3 days. So what the clause says is one should use MCC to make genuine payments for parties outside your city. These should not be used as conduits for money laundering activities. No cash payment to third parties It means cash payment is not given to others except to account holder in non-home branch. A 3rd party can withdraw from home branch.  Suppose someone gave me a cheque and I don't have an account in that bank (or I am out of town, so I go to a non-home branch), how can I get the money in cash? You can't. Generally I have seen that this can be en-cashed in the same city and not necessarily the same branch. However its been sometime when I have done this. Best is deposit this into your Bank or have payer initiate an IMPS/NEFT transfer."


You only pay tax on the capital gain of the bond, not the principal, unless the source of the money for the principal was gain from another investment, if that makes sense.   In other words, if you bought the bond with income earned from your job, that money was already taxed as income, so it isn't subject to taxation again when you redeem the bond.  On the other hand, if you cashed out of one investment and used those proceeds to buy a bond, then the entire amount might be taxable.