I'm all-in on hard silver, a small portion is stored at my house for emergency expenditures and the vast majority is in a high-security vault in Canada. That was actually the cheapest place I could find for long-term storage and insurance, which happened to be off-shore. It could turn out to be beneficial to be off-shore though. In the 1930s gold became illegal to privately own its very possible they could do the same this time, although they didn't in 1979. Oil is too high in volume to reasonably store. Gold isn't as undervalued as silver, which I could spend a full day talking about. But to sum it up in a few points: there is less silver than there is gold, gold has a premium for jewelry which will likely go down in a crash even though you will still see gains, silver is the second most used commodity besides oil, less people are in the know about it, silver prices were actually higher than gold a few times in the past century, simply measuring the dow in silver will show it's further below the historical average compared to gold. I'll stop there, but I could go on though on silver if people want. Real-estate is still very expensive from the 2008 recession, traditionally mortgages are $1.05 per dollar you would spend on renting the same property. Currently real-estate is at like $1.25+ I believe, It peaked at about $1.95. I rent, to save money, which you can spend on other assets.  If one's willing to move to another state for lower taxes, they definitely should. Employment is going to be harder to come by, and they should get as much out of it as possible as they can. If they don't save enough, they could end up just using their entire savings during the whole thing if they can't find a job, in which case at the end you'd never know they knew it was going to happen.  Overall I don't think this crash is going to be like the great depression. I don't feel compelled to store food and buy a generator or anything. I believe the living will be *easier* than it were to live in the 90s for those who are invested in assets. Everything is going to be on sale, meanwhile their wealth will be increasing. Depending on how much they own it could be increasing faster than they need to spend it. Sounds like the life to me. But with that said those without real assets, especially the lower class, will be unemployed and living on food stamps. Perhaps even the food stamps making more people leave the dollar and the economy. This actually might not be a prediction and is what happening already. But I don't believe anybody, in america at least, will be starving. In the 30s we had not mastered industry farming yet and we had the *dustbowl* to make things worse.   Crime though, I'd own a gun. The protesters are here already, and I think we are just passing the half-way point right now, they will get angrier.  I don't know enough about taxes to know the best country or place to store to combat taxes. Maybe someone else can chime in. I'm in canada to avoid high insurance and storage fees.  And for careful selection of primary residence, In the long haul I'd rent a small apartment, as small and cheap as possible. In a safe neighborhood, but not so much secluded that a single grocery store or gas station going out of business could ruin it.


If you too have been bitten by the musical bug and are looking to buy a guitar then to make the most out of this experience you need to figure out your budget, research on the different types of guitars, look for a reliable store and also buy the required accessories.


You can try to hassle them via any customer service contact methods they provide (email, phone) and pressure them to give you your money back.  Good luck with that.  Or you can try reporting them to authorities and/or bringing legal action against them in the country where they are based, which is apparently Malta.  Good luck with that too. As you say in your question, some internet searches reveal that other people have had similar problems with Entropay and were unable to resolve them.  Unfortunately, there is a good chance you are screwed.  In such a case, the best thing you can do is to post your experience on scam forums and trust websites like trustpilot.com and webutation.info so that others won't face the same fate in the future.


It depends how you do it.  If you roll it from your 401k directly to a Roth then you will have to pay the taxes.  The contributions to the 401k are tax deferred.  Meaning you do not owe taxes on the money until you collect it.  Roth contributions are post tax but the gains are not taxed so long as they are disbursed under acceptable conditions according to the regulations. If you roll it directly from the 401k to a regular tax deferred IRA you should be able to do that with out penalties or taxes.  You will still have to pay the taxes at disbursement. If you have the money disbursed to you directly then you will have to pay the penalties, fees, and taxes.  Your contributions to an IRA will then be subject to limitations based on the IRA.  It will literally be exactly like you are taking money from your pocket to invest in the IRA.   Your company should give you the option of a rollover check.  This check will be made out to you but it will not be able to be deposited in a regular account or cashed.  It will only be redeemable for deposit into a retirement account that meets the regulatory requirements of the 401k rollover criteria.  I believe the check I received a few years ago was only good for 60 days.  I recall that after 60 days that check was void and I would receive a standard disbursement and would be subject to fees and penalties.  I am not sure if that was the policy of T.Rowe Price or if that is part of the regulation.


My experience is in the United States only. In the past, American Express marketed its products as more exclusive and prestigious than other cards.  There was an attempt to give the impression that cardholders were more qualified financially.  In return, fees were higher both to merchants and to cardholders.  At the time (early 1990's), it was not common to use credit cards for small purchases, such as groceries or fast food.  Credit cards were used for larger purchases such as jewelry or electronics or dinner in a nicer restaurant. Once it became popular to use credit cards for everyday purchases, the demand for customers using credit cards changed to the highest number of people instead of people of higher status.  At that point, Visa (and to a lesser extent Mastercard) transaction volume increased dramatically.  Merchants needed the largest number of customers with cards, not the most financially stable.  As Visa volume grew, and people started using Visa for small purchases, the use of American Express decreased as their habits changed (once someone got used to pulling out Visa, they did it in every situation).  Merchants are less willing to go through the extra hassle of accepting cards that are used by fewer people.  Over time, I suspect this process led to the gap between Visa and American Express. As a merchant, in order to accept credit cards, you have to set up a bank account and maintain a merchant account.  Accepting Visa, MC and Discover can all be done through one account, but American Express has traditionally required a separate relationship, as well as its own set of rules and fees that were generally higher.  Since there are relatively few American Express cardholders compared to Visa, there is doubt about whether it is worth it accept the card.  It depends upon the customer base.  Fine restaurants still generally accept American Express.


> with an unbroken job creator record despite   That's hilarious.  You've drunk the Kool Aid and smoked the Obama crack, because it just isn't so.  You are truly among the lunatic left.  You're wrong but always entertaining.


Now, technically she is supposed to pay rent, but legally I am not sure. Her name is not there in the rental agreement so she is not eligible to pay the rent. Since, she is already living in the same house, there is some basic courtesy to pay the $200. Now thing here is how are we going to divide it? If she is paying $200, will that be deducted out of your room mate's or yours. Fact of the matter is, who is taking more space and who is paying for it, since there is no change to your space, you should continue paying the same amount, because there is no change in your space as you mentioned before. Moreover the fact that she is paying the utilities is good enough because that is shared by all 3. So keep the arrangement like somewhat like this, you pay half the rent + utilities, and your friend and his girlfriend will pay their share of the rent which is equal to yours, and they will share the utilities too. Hope this makes sense.   Thanks, Thenicejerk


Not a big Hobbes fan, I see. I've been thinking about Medieval Icelandic society, and it dawned on me that they kept everyone essentially equal money-wise by slaughtering anyone that got to big for their boots.  So, what is a voluntary society?


I have better things to do with my life than spend awhile looking up class offerings, times, and schedules at UIC to prove you wrong. What I do have time for, however, is supply advice to this person who asked a question. My advice to him, as someone who has gone through a CS program, is to get started early. Classes bump into each other later. I can tell you in mine, Programming 1 -> 2 -> 3 -> data structures -> Languages -> algorithims  was a chain that you could not break. two of those classes were only offered at certain times. It looks like pretty much all of those classes are offered at UIC and I would expect it to be pretty much the same. Once again please stop assuming that the degree is like finance and it's spread out and wide. CS is an ENTIRELY different beast as it goes much deeper into building on its foundations.


Alternative solution with possibly better results: Use a 3rd party to transfer money between both of you. 2 Services you may want to look at: Rent share might be the best option. We are using it to split payment between 3 people in our unit. The owner is getting a single check that appears to be coming from all of us. The payment is automatic and goes through every month. I'm not sure if you as the owner could collect money electronically as opposed to receiving a check. It sounded like you didn't necessarily care about that though.


While you are searching for the business brokers who can assist you in sell a business in MN area, Click to read complete process. It is important to understand the term business brokers and what they actually do? This is a simple mechanism that is considered as a perfect career option.


>For each challenge, you'll earn up to $2, for a total maximum earning of $20.00.  Why? That amount is so absurdly tiny that anybody who can competently participate will be more dissuaded by the offer than if you hadn't offered any incentive, which you *should* have done.


"OP is being a bit of a hipster there.  There's still *plenty* of regular people that don't have DVR's, and don't time shift or skip commercials.  I have no doubt the ""traditional"" TV and Radio industry will eventually collapse much like newspapers and magazines, but I think it's a bit early to predict imminent doom just yet."


Some of the other answers mention this, but I want to highlight it with a personal anecdote. I have a property in a mid-sized college town in the US. Its current worth about what we paid for it 9 years ago. But I don't care at all because I will likely never sell it. That house is worth about $110,000 but rents for $1500 per month. It is a good investment. If you take rental income and the increase in equity from paying down the mortgage (subtracting maintenance) the return on the down payment is very good. I haven't mentioned the paper losses involved in depreciation as that's fairly US specific: the laws are different in other jurisdictions but for at least the first two years we showed losses while making money. So there are tax advantages as well (at least currently, those laws also change over time). There is a large difference between investing in a property for appreciation and investing for income. Even in those categories there are niches that can vary widely: commercial vs residential, trendy, vacation/tourist areas, etc. Each has their place, but ensure that you don't confuse a truism meant for one type of real estate investing as being applicable to real estate investing in general.


The key to a successful cold call is to figure out the one thing that keeps them worried at work.  Once you identify that, create a 15 second pitch and lead with that.  Also, make sure you do your research on the the company/person before the call and try to figure out how to quickly create rapport with them. I use social media to do find out as much as I can.


>I literally just told you retard.  And they're part of a global investment bank. Jeez, it's almost like the lines are a bit blurred, isn't it. It's almost like your original point doesn't make any fucking sense. Now fuck off.


The D’Atlantis Aqua Park is Best Resorts For Picnic Near by Mumbai City. Most of peoples who visited our resort are from Mumbai or near by Mumbai. The D’Atlantis Aqua Park is located in serene locality of Navapur in Virar West, only 5 minutes from the beach. Nestled on the Western tip of Navapur village in Virar, D’Atlantis Aqua Park is grate for a beach side holiday. The popular area was once a small farming village and now visitors flock here for weekend getaways.The resort is near by Mumbai i.e Virar, you can also consider the resort is in Mumbai. The D’Atlantis Aqua Park is Best Resorts for picnic spot because we provides good quality of service and accommodation to guests. Guests enjoy the various thrilling slides at the D’Atlantis Aqua Park and its proximity to the beach side. D’Atlantis Aqua Park is easy accessible from virar railway stations. Transport charges are nominal. We provides best quality of services to our customers.


"I agree with Hurler_Jones. No banker is a good banker, especially these people. You want me to feel bad for a ""big"" bank employee, the same people who have shit on the middle class and poor people for the last 30 years and singlehandedly destroyed the American economy. Anybody who works at a big bank should be ashamed of themselves and deserves at the very least to get fired."


[Here's a website](http://economyinperspective.com/jobs) that gives you a breakdown of how many jobs were created under each Presidential administration since WWII. 70% more jobs and more than twice as many private sector jobs were created during the eight terms a Democrat was President as during the *nine* terms a Republican was President.


You can look at it from a fundamental perspective to see who benefits from rising oil prices. That's a high level analysis and the devil is in the details - higher oil prices may favour electric car producers for example or discount clothes retailers vs. branded clothes manufacturers. Another approach it to use a statistical analysis. I have run a quick and dirty correlation of the various S&P sector indices against the oil prices (Crude). Based on the the results below, you would conclude that materials and energy stocks should perform well with rising oil prices. There again, it is a behaviour you would expect at the group level but it may not translate to each individual company within those groups (in particular in the materials sector where some would benefit and some would be detrimentally affected). You could get exposure to those sectors using ETFs, such as XLB and XLE in the US. Or you could run the same analysis for each stock within the S&P 500 (or whatever index you are looking at) and create a portfolio with the stocks that are the most correlated with oil prices. This is calculated over 10 years of monthly returns after removing the market component from the individual sectors. The two important columns are:


They take a stream of events in the form of input (stocking shelves, unloading trucks) and output (sales, theft, waste). A lot of places set this up using a database design technique called Event Sourcing, but oftentimes you'll get something terrible like a giant state-based system that are a massive pain to debug and refactor.  My money is on the second one for most large grocers that have computer systems. They were probably written in the 80's, and are glued and rubber banded together as well.  They also, somehow, require some totally unrelated, sensitive information to function because of a hair brained feature request from a decade ago that wasn't questioned and built hastily. And that's why we need all employees ID'd by SSN, and you need that SSN ID to add new inventory to your shelves because it had to be packed by *somebody*. Now you can't look at what's in stock without running a 45 second report (which is just a pdf of a really big view that someone set up 5 years ago and nobody wants to touch) that can kill the production database if you run it during the daytime hours, so you'll need to email a sysadmin to do that for you.  What I meant by all this is that anything simple will be made disgusting and maddening the moment it enters the real world, including inventory management systems.


"You can wire the money to the university. If your friend is a registered student, then they will have an account at the school. Contact the school directly and ask for the ""bursar's office"" (assuming it is an English speaking school). The bursar will tell you how to wire the money so that it reaches the proper account. Normally, you will wire to a general university account at a bank and the memo on the wire will include the student's account number. Your friend can wire money to your account at your bank. Go to your bank and ask them for the procedure. By the way, there is a 90% chance your ""friend"" will not pay you back."


I came across this €1000 coin, which can actually be bought for €1000. It contains 17 grams of gold, worth about €600 today. Is there any downside to this over keeping €1000 in regular banknotes? These are bullions / medallions / collectibles / Non Circulating Tenders or whatever name one wants to call it. A coin has a value because the Central Banks says so that enforces everyone accept it at that. This as such is not a coin. Banks or anyone else will not accept this for face value.  These are of numismatic interest and certain people do collect such items. They are collectibles to the extent the price is dependent on general interest in future on such items and quantity available. So if future the price may go up much higher than the gold price or may retain its gold price. Mints make these with intricate design, best finish, limited quantity to charge the additional premium. If you are not into numismatics, stay away, a better options is buy simple gold bullion of similar weight for actual gold price.


Honestly, the single best steak I've had has been at Applebee's.  I order medium rare home style sirloin three times now, at 3 different establishments. Every damn time it is a melts in your mouth steak, a simple but damn effective flavoring, cheap as all hell. I can just shovel down Applebee's steak. Tldr: Applebee's has no reason to have decent steak, but they're consistently f***ing great


It's only briefly mentioned that he donates to causes dedicated to autism; unmentioned is that his daughter is autistic and he's a *major* donor to the cause.  Sadly, his current co-CEO is a fascist white nationalist in regular businessman disguise Robert Mercer.


1) What's the point of paying a dividend if the stock price   automatically decreases? Don't the shareholders just break even? When the company earns cash beyond what is needed for expenses, the value of the firm increases. As a shareholder, you own a piece of that increased value as soon as the company earns it. When the dividend is paid, the value of the firm decreases, but you break even on the dividend transaction. The benefit to you in holding the company's shares is the continually increasing value, whether paid out to you, or retained. Be careful not to confuse the value of the firm with the stock price. The stock price is ever-changing, in the short-term driven mostly by investor emotion. Over the long term, by far the largest effect on stock price is earnings. Take an extreme, and simplistic example. The company never grows or shrinks, earnings are always the same, there is no inflation :) , and they pay everything out in dividends. By the reasoning above, the firm value never changes, so over the long-term the stock price will never change, but you still get your quarterly dividends.


See, the tricky thing about a question like this is that nobody in r/economy is actually an economist.  They read the latest shit on zerohedge or ron paul's weekly newsletter and think that means they have an informed opinion.  When in actuality their opinions are worth exactly as much as the part-time McDonald's paycheck their scribbled on the back of (nothing)


IKEA put lots of money and effort into their stores and the layout, making you walk a certain way and to buy as much as possible. Their stores are highly successful and if the website experience was easy, then users wouldn't go into the store.   They actively make it harder to make web purchases than most other places. They charge a shitload for shipping, dont have all the availabilities and really make it a pain in the ass to order online.


> Also, we're not talking about a car, albeit uber expensive, like Rolls Royce, we're talking about an airplane that costs hundreds of millions of dollars that needs to work within very small tolerances over thousands upon thousands of operating hours. Any school child can see the dangers in outsourcing too much of that.  But Rolls Royce have the experience to build in those tolerances with their years of experience in building jet engines. This is the design experience that Boeing does not have in it's in-house capabilities.  Because of the tolerances and knowledge these components need it is very hard for one company to have all the knowledge, resources, manufacturing ability and skill to produce all the parts.  Even engineers as great as NASA delegate the design and build of components to other companies. For example, if they can outsource a lot of the spacecraft interior to other companies they can focus on what is important - getting that big and heavy tube of metal into space.


Good question. There are plenty of investors who think they can simply rely on intuition, and although luck is always present it is not enough to construct a proper portfolio. First of all there are two basic types of portfolio management: Passive and Active. The majority of abnormal gains are made with active portfolio management although passive managers are less likely to suffer loses.  Both types must be created with some kind of qualitative and quantitative research, but an active portfolio requires constant adjustments (Market Timing) to preserve the desired levels of risk and return.  The topic is extremely broad and every manager has his own preferred methods of quantitative analysis. I will try to list here some most common, in my opinion, ways of stock-picking and portfolio management. Roy's Criterion: The best portfolio is that with the lowest probability that the return will be below a specified level.  This is achieved by maximising the number of standard deviations between the return on the portfolio and minimum specified level: Max k = (Rp-Rl)/Sp Where (Rp) - return on portfolio, (Rl) - specified minimum return, (Sp) - standard deviation of portfolio return. Kataoka's Criterion: Maximise the minimum return (Rl) subject to constraint that the chance of a return below (Rl) is less than or equal to a specified value (a). Maximise (Rl) Subject to Prob (Rp < Rl) =< a For example, assume that the specified value is 20% - this will be met provided (Rl) is at least 0.84 standard deviations below (Rp). Therefore the best portfolio is the one that maximises (Rl) where: Rl = Rp-0.84*Sp Telser's Criterion: Maximise expected return subject to the constraint that the chance of a return below the specified minimum is less than or equal to some specified minimum (a) Maximise (Rp) subject to Prob (Rp < Rl) =< a Assuming same data as previously:  Rl =< Rp-0.84*Sp and select the portfolio with highest expected return. Security Selection Now let's look at some methods of security selection. This is important when a manager believes some shares are mispriced. The required return on security 'i' is given by: Ri = Rf+(Rm-Rf)Bi Where (Rf) - is a risk-free rate, (Rm) - return on the market, (Bi) - security's beta. The difference between the required return and the actual return expected is known as the security's alpha (Ai). Ai = Rai - Ri, where (Rai) is actual return on security 'i'. Stock Picking One way of stock-picking is to select portfolios of securities with positive alphas. Alpha of a portfolio is simply the weighted average of the alphas of the securities in the portfolio. Ap = {(n*Ai) Where ({) is sigma (sorry for such weird typing, haven't figured out yet how to type proper-looking formulas), (n) - share of 'i'th security in portfolio. So another way of stock-picking is ranking securities by their excess return to beta (ERB): ERB = (Ri - Rf)/Bi The greater the ERB the more desirable the security and the greater the proportion it will make up of the portfolio. Thus portfolios produced by this technique will have greater proportion of some securities than the market portfolio and lower proportions of other securities.  The number of securities depends on a cut-off rate (C*) for the ERB, defined so that all securities with ERB>C* are included in portfolio while if ERB  The cut-off rate for a portfolio containing the first 'j' securities is given by (i'm inserting an image cut from Word below):  Here comes the tricky part: Basically what you do is first calculate ERB for each security, then calculate Cj for each security mix (gradually adding new securities one by one and recalculating Cj each time). Then you select an optimum portfolio by comparing Cj of each mix to ERB's of it's securities. Let me show you a simple example: Say you have securities A,B,C and D you calculated ERB's: ERB(a)=6, ERB(b)=6.5, ERB(c)=5, ERB(d)=4 also you calculated: C(a)=4.1, C(ab)=4.8, C(abc)=4.9, C(abcd)=4.5. Then you check: ERB(a),ERB(b),ERB(c) are greater than C(a), but C(a) only contains security A so C(a) is not an optimum mix. ERB(a),ERB(b),ERB(c) are greater than C(ab), but C(ab) only contains securities A and B ERB(a),ERB(b),ERB(c) are greater than C(abc), and C(abc) contains A B and C so it is an optimum. ERB(d) is lower than C(abcd) so C(abcd) is not an optimum portfolio. Finally the most important part: Below is a formula to find the share of each security in the portfolio:  Here you simply plug in already obtained values for each security to find it's proportion in your portfolio. I hope this somehow answers your question, however there is a lot more than this to consider if you decide to manage your portfolio yourself. Some of the most important areas are:  Market Timing Hedging Stocks vs Bonds  Good luck with your investments! And remember, the safest portfolio is the one that replicates the Global Market.  The cut-off rate for a portfolio containing the first 'j' securities is given by (i'm inserting an image cut from Word below):  Here comes the tricky part: Basically what you do is first calculate ERB for each security, then calculate Cj for each security mix (gradually adding new securities one by one and recalculating Cj each time). Then you select an optimum portfolio by comparing Cj of each mix to ERB's of it's securities. Let me show you a simple example: Say you have securities A,B,C and D you calculated ERB's: ERB(a)=6, ERB(b)=6.5, ERB(c)=5, ERB(d)=4 also you calculated: C(a)=4.1, C(ab)=4.8, C(abc)=4.9, C(abcd)=4.5. Then you check: ERB(a),ERB(b),ERB(c) are greater than C(a), but C(a) only contains security A so C(a) is not an optimum mix. ERB(a),ERB(b),ERB(c) are greater than C(ab), but C(ab) only contains securities A and B ERB(a),ERB(b),ERB(c) are greater than C(abc), and C(abc) contains A B and C so it is an optimum. ERB(d) is lower than C(abcd) so C(abcd) is not an optimum portfolio. Finally the most important part: Below is a formula to find the share of each security in the portfolio:  Here you simply plug in already obtained values for each security to find it's proportion in your portfolio. I hope this somehow answers your question, however there is a lot more than this to consider if you decide to manage your portfolio yourself. Some of the most important areas are: Good luck with your investments! And remember, the safest portfolio is the one that replicates the Global Market.


If you were a business, all your assets would have a dollar value, so when you sold them you'd decrease the amount of assets by that amount and increase in cash, and if there was a profit on the sale it would go in as income, if there was loss it would count as a cost (or a loss)... so if there was a profit it would increase Equity, a loss then it would decrease Equity.  Since it's not really worthwhile doing a estimated cost for everything that you have, I'd just report it as income like you are doing and let the amount of equity increase proportionately. So, implicitly you always had roughly that amount of equity, but some of it was in the form of assets, and now you're liquidating those assets so the amount shows up in GnuCash. When you buy new things you might sell later, you could consider adding them as assets to keep track of this explicitly (but even then you have problems-- the price of things changes with time and you might not want to keep up with those price changes, it's a lot of extra work for a family budget) -- for stuff you already have it's better to treat things as you are doing and just treat the money as income-- it's easier and doesn't really change anything-- you always had that in equity, some of it was just off the books and now you are bringing it into the books.


a) Talk to the financial aid counselors at your school. There's a very good chance they have at least a partial solution for you. Let them know your dependency status has changed (if it has). I declared myself to be financially independent from my parents (I really was) and qualified for more aide. b) How much austerity are you willing to endure? I once spent two years eating beans & rice twice a day (lots of protein and other nutrients) while I worked full-time and went back to school to pursue a second degree part-time. I also shunned all forms of recreation (not even a movie) to save money (and so I could focus on staying current with assignments). During another period in my life, I gave up cable, cell-phone, land-line (and used Skype only), and avoided unnecessary use of my car, so I could clear a debt. You'd be amazed at how much you can squeeze from a budget if you're willing to endure austerity temporarily. c) Consider going to school part-time, taking as few as one course at a time if allowed. It's a lot easier to pay for one or two courses than to pay for 4 or 5. It may take longer, but at least you won't lose your credits and it won't take forever.


> You make it sound like consumers literally have no choice in the matter. That's absurd.  In a way, people don't.  Have you ever wondered why M&Ms are so brightly colored.  The reason is simple: to get you to eat more.  [Studies have shown that mixing colors together gets us to eat 23% more](https://faculty.wharton.upenn.edu/wp-content/uploads/2012/04/Influence_of_Assortment_Structure.pdf).  I don't think you would suggest that the average person would choose to eat 23% more sugar just because it was presented well.  There is no rational reason for this result so it can't be a matter of conscious choice.  Hell, even [our sitting president is a testament to the fact that facts don't matter, emotion sells](http://www.salon.com/2016/11/20/trump-supporters-became-the-media-by-privileging-emotions-over-facts_partner/).  > The fact that many people don't make an effort to be responsible consumers is no one else's fault.  But it is.  Let's go back to Amazon.  How many of those product reviews are written by corporate shills?  How many descriptions and pictures deliberately mislead the consumer?  How many products and apps submit you to Amazon if you're going to give a 4 or 5 start rating?  > It's really not hard to control the impulse to buy a tabloid or a snickers bar.  If that were true, then those impulse buy racks would not exist.


Is this just appealing to potential sellers' need for instant gratification, or am I missing something here? Timing matters for some people. If you are moving cross country, it's important to be able to sell your house quickly if you want to sell. This can also matter if the seller is interested in buying another home. If their existing home takes three months to sell and they have already picked a home they want, it can make the timing of funds transfers quite inconvenient - often people need to sell their existing home in order to make a down payment on a future home.


Problems with shorting  1. The price could become even more insanely high.   2. The stock you borrowed could be recalled leaving you sitting on a loss.  3. High borrowing costs.  4. Potentially limited loss potential e.g. when a takeover is announced, or when the company has a windfall, or fraudulently announces phony good news.  Shorting could still be useful as a niche 10% of your portfolio; the risk is limited that way. Also high short interest tend to make me look a bit harder before buying.


Great for Facebook but why does a company like Sun Microsystems or FedEx sell stock?  In order to reach quarterly goals a publicly traded company has to make sure they stay in the black every quarter by cutting cutting cutting cost which may not be good for a long term goal of investing in new ideas or processes.


You would probably be better off wiring the money from your US account to your French account. That IMHO is the cheapest and safest way. It doesn't matter much which bank to use, as it will go through the same route of SWIFT transfer, just choose the banks with the lowest fees on both sides, shop around a little.


"Could have done a [put option](http://en.wikipedia.org/wiki/Put_option) if you wanted to bet against it in another way. It's not technically ""shorting"", but in a layman-shorthand it's the same thing - making money gambling on the ""pessimistic side"" of possibility. You don't actually need to borrow any shares to do that, just find someone who thinks the price at some later date will be higher than you think it will be."


"Square charges a 2.75% fee (which the merchant pays), so you would be losing money if you only got a 1.5% cashback bonus. I would guess that the real reason Square prohibits you from getting cash is because of Visa/MC, state and federal regulations.  Visa/MC probably prohibit it for regular merchants due primarily to laws that are designed to prevent money-laundering. Certain merchants (like casinos) are allowed to give you cash advances against a credit card, but regular merchants are not allowed to do this. It is much more difficult to get Visa/MC to approve merchants to handle cash advances and they are subject to many additional regulations.  Services like Western Union will let you send cash with a regular credit card, but they are classified as ""money transmitters"" and must comply with additional state and federal regulations. If Square were to allow cash advances, this would likely subject them to a bunch of additional regulations.  It would cost them more to comply with these regulations and is outside their business model, so they simply prohibit it."


It keeps it at a level playing field. By your logic, Netflix should start laying down infrastructure for their own internet. I am paying for that content. I'm also paying for the road.   My point it's not an even playing field. If Comcast wants my steaming business offer a better service than Netflix. Making Netflix unusable because I'm forced to use Comcast in a place with no other ISPs doesn't seem like the kind of competition that fosters growth and innovation but rather stifles it, which is something stated explicitly in the FCCs mission and strategy.  You're right it is all business. Which is why we have a government and government regulations and don't live in some laissez faire economy.   The FCC is the government and should be protecting the citizens not the corporations.  Edit: Lastly, sure it starts about being just business. What's to stop Fox news from paying Comcast to throttle CNNs website to unusable levels? It sets a terrible precedent and could eventually impede the freedom of speech. That's another conversation!


Take this from someone who didn't study maths after A-levels (got B - not genius level either) and sat CFA level 1 yesterday... If you don't pick maths or minor in maths after Sixth-form/High-school, you will regret down the line. It really is a massive differentiator in any finance field you decide to progress onto later in life.  If I could go back, I would put my name down for Stat, further maths and anything math-related I could learn even though I might not be able to secure gold-plated grades. The fundamentals of it are far more important than anything you learn in class (if you want to excel in finance, analytics, and even startups), and with strong social skills, you will be a rockstar.


Honestly, I think what matters a lot more to investors is that there isn't a bifurcated congress & white house. They care a lot more about being able to actually get behind one plan (i.e. not going off the fiscal cliff) than who actually wins.  The president has surprisingly less power than people think when it comes to managing the economy.   Think about this in today's environment, who has more control over the stock market: Obama or Bernanke? That should be nothing short of a toss-up.


"You should have separate files for each of the two businesses.  The business that transfers money out should ""write check"" in its QB file.  The business that receives money should ""make deposit"" in its QB file. (In QB you ""write check"" even when you make the payment by some other means like ACH.)  Neither business should have the bank accounts of the other explicitly represented.   On each side, you will also need to classify the payment as having originated from / gone to some other account - To know what's correct there, we'd need to know why your transferring the money in the first place and how you otherwise have your books established.  I think that's probably beyond the scope of what's on-topic / feasible here. Money into your business from your personal account is probably owner's equity, unless you have something else going on.  For example, on the S Corp you should be paying yourself a salary.  If you overpay by accident, then you might write a check back to the company from your personal account to correct the mistake.  That's not equity - It's probably a ""negative expense"" in some other account that tracks the salary payments."


You're right, things can get a little out of hand on Reddit. The prior post is gone now so I can't really remember, but the gist of what I meant earlier was that your logic didn't line up in that the price of a stock is indicative of it's value, but doesn't equate to it's value. The price is a combination of the perceived intrinsic valuation of the company as well as sentiment. The price can go up if people are buying but it doesn't necessarily mean the company's value or financial conditions are improving (though it can). It's a common trap to fall into, and can lead one to ignore for example revenues falling or other metrics deteriorating merely because the stock price continues up so it must be getting better and better.  Sorry, not a very coherent response, if you're unsure feel free to pm me


Groundwater contamination is far more an issue than just the water used during fracking. By it's very nature fracking cannot ever be done in a way that doesn't harm groundwater supplies. Breaking rock to release gas also breaks the rock that contains groundwater. Fracking will be banned, it's just a matter of when.


"I found this great resource at MarketWatch.com - a listing on online games that help parents teach kids about saving and finance, set up by age group. Here's an example of some of the content: For children six to nine: www.fleetkids.com, sponsored by the Fleet Bank, has great games -- like ""Buy lo, Sell hi"" and ""Chunka Change"" -- that teach kids about spending and saving. Kids can compete for prizes such as computers and backpacks for their schools."


"I think you're right that these sites look so unprofessional that they aren't likely to be legitimate. However, even a very legitimate-looking site might be a fake designed to separate you from your money.  There is an entire underground industry devoted to this kind of fakery and some of them are adept at what they do.  So how can you tell? One place that you can consult is FINRA's BrokerCheck online service.  This might be the first of many checks you should undertake. Who is FINRA, you might ask?  ""The Financial Industry Regulatory Authority (FINRA) is the largest independent regulator for all securities firms doing business in the United States."" See here. My unprofessional guess is, even if a firm's line of business is to broker deals in private company shares, that if they're located in the U.S. or else dealing in U.S. securities then they'd still need to be registered with FINRA – note the ""all securities firms"" above. I was able to search BrokerCheck and find SecondMarket (the firm @duffbeer703 mentioned) listed as ""Active"" in the FINRA database. The entry also provides some information about the firm.  For instance, SecondMarket appears to also be registered with the S.E.C.. You should also note that SecondMarket links back to these authorities (refer to the footer of their site): ""Member FINRA | MSRB | SIPC.  Registered with the SEC as an alternative trading system for trading in private company shares.  SEC 606 Info [...]"" Any legitimate broker would want you to look them up with the authorities if you're unsure about their legitimacy. However, to undertake any such kind of deal, I'd still suggest more due diligence.  An accredited investor with serious money to invest ought to, if they are not already experts themselves on these things, hire a professional who is expert to provide counsel, help navigate the system, and avoid the frauds."


"In June 2016 the American Institute of CPAs sent a letter to the IRS requesting guidance on this question.   Quoting from section 4 of this letter, which is available at https://www.aicpa.org/advocacy/tax/downloadabledocuments/aicpa-comment-letter-on-notice-2014-21-virtual-currency-6-10-16.pdf If the IRS believes any property transaction rules should apply differently to virtual currency than to other types of property, taxpayers will need additional guidance in order to properly distinguish the rules and regulations. Section 4, Q&A-1 of Notice 2014-21 states that “general tax principles applicable to property transactions apply to transactions using virtual currency,” which is guidance that is generally helpful in determining the tax consequences of most virtual currency transactions. However, if there are particular factors that distinguish one virtual currency as like-kind to another virtual currency for section 1031 purposes, the IRS should clarify these details (e.g., allowing the treatment of virtual currency held for investment or business as like-kind to another virtual currency) in the form of published guidance. Similarly, taxpayers need specific guidance of special rules or statutory interpretations if the IRS determines that the installment method of section 453 is applied differently for virtual currency than for other types of property. So, at the very least, a peer-reviewed committee of CPAs finds like-kind treatment to have possible grounds for allowance.   I would disagree with calling this a ""loophole,"" however (edit: at least from the viewpoint of the taxpayer.)  At a base technological level, a virtual currency-to-virtual currency exchange consists of exchanging knowledge of one sequence of binary digits (private key) for another.  What could be more ""like-kind"" than this?"


http://www.irs.gov/pub/irs-pdf/f5498.pdf see the instructions for box 2, it's used to report incoming rollover/transfers. The receiving broker should be acknowledging the transfer with the 5498.  If you read the PDF carefully, any incoming money is reported this way.


"Using cash instead of a debit card lets you see in real time how much cash you have left and where it's going.  It's a lot ""harder"" to see the cash disappear from your wallet than it is to swipe the plastic (whether it's a debit or credit card).  Using cash is a way to keep the funds in check and to keep spending within a budget (i.e. you can't spend it if you don't physically have the cash anymore)."


"Quicken. I am in the same situation. I've tried mint.com and switched back to Quicken because i want to know how much money i'll have in my accounts in 2 weeks, 4 weeks, etc.  I have to admit though, quicken is getting worse and worse every year. Can't really say i ""recommend"" it."


Been to both. No way will Vegas ever become like Amsterdam.  You have to fix the American culture first if you want to even get close.   Is Vegas at all like Paris or Copenhagen? Nope. Those places are more like Amsterdam and don't have pot shops.     It's not the weed, it's the culture.


The initial price tag might be more expensive, but if those wages are more likely to stay in the economy, then I wonder how much that value offsets the cost?  Illegals tend to keep what they need and send the rest to their families in another country.


"Depending on how the check was made out, you may be able to file a DBA (""doing business as""), which would give you the business name locally.  Then open an account under that name and deposit the check. Or simply go back to the customer and say ""hey, I don't have yhe company bak account open yet; could I exchange this check for one made out to me personally?"" That's how I've been handling hobby income under a company name. (I really do ned to file that DBA!)"


You are comparing a risk-free cost with a risky return. If you can tolerate that level of risk (the ups and downs of the investment) for the chance that you'll come out ahead in the long-run, then sure, you could do that.   So the parameters to your equation would be: If you assume that the risky returns are normally distributed, then you can use normal probability tables to determine what risk level you can tolerate. To put some real numbers to it, take the average S&P 500 return of 10% and standard deviation of 18%.  Using standard normal functions, we can calculate the probability that you earn more than various interest rates: so even with a low 3% interest rate, there's roughly a 1 in 3 chance that you'll actually be worse off (the gains on your investments will be less than the interest you pay).  In any case there's a 3 in 10 chance that your investments will lose money.


> How long do you think Amazon can sustain these prices?  Long enough to take a chunk out of Walmart and force them into a different business stratagem I hope. We lucked out with Amazon because it was looking for a while there like no one would come along to challenge Walmart.


This was not the point of confusion. I said that the dy increased and that this means the investment is performing fairly well being that we don't know the stage the company is in or anything about the health of the economy. He said with the given information the investment is performing poorly. This is where we disagreed.


I've had good experiences with a regional bank. All the perks of Wells but without the bullshit fees (except ATMs unfortunately but I just get cash back in the rare instance that a card / my phone won't cut it).


"This will do nothing to prevent the market being a casino as there are plenty of players in the market capable of out witting you at lower frequencies that HFT. In fact most of the money small investors ""lose"" do not go to HFT strategies, but to lower intra-day and multi-day strategies that are just smarter than you are. I really am confused at this anger at HFT. It is very poorly informed. The people stealing your money are lower frequency hedge funds. HFT steals money from THEM.  In any case, the market was *designed* to be a casino because without speculators liquidity really *does* dry up and people lose faith in the market."


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Having been recently evicted she is unlikely to find any one willing to rent to her at anything close to reasonable terms.  Any landlord that would consider it is likely to require a huge deposit. Her best solution may be a hotel/motel with weekly/monthly rates.  It is generally much easier to get someone out of a hotel/motel for non payment than it is an actual apartment with a lease and landlord-tenant laws.  But when you pay they take care of all utilities, and you can receive mail and register them as your permanent address for finding employment. Any other place that is willing to take someone who they know is a high risk for nonpayment/eviction is probably not going to be the type of place you want your children.


Yes, banks still offer combo loans, but it is going to depend on the appraised value of your home. Typically lenders will allow you to finance up to 80% loan to value on the first mortgage (conforming loan amount) and 95% combined loan to value on a HELOC.   I would start by checking with your local credit union or bank branch. They have more competitive rates and can be more flexible with loan amount and appraised value guidelines.


"> even 400 km could not be realized with a fully charged battery, the aide said. That meant in practice the environment minister could travel only as far as 150 km before being forced to turn back   Give me a break! At least 95% of travel with cars is done for much much shorter round trips (going to work, shop or visit grandma).  If you want to travel 1000 miles one way, rent a ""conventional"" car."


>Entire families living in a 2 bedroom apartment, for example.  That's due to the fact that there isn't much land, same problem in hong kong.  However, at the very least 80% of them live in public housing so at least they're not getting gouged on rentals.


The other aspect that you're not mentioning that makes TJ so special is their churn rate. Because they only sell a limited number of versions per category (no multiple brands -mostly self branded) nothing just sits on the shelves. So they do massive amounts of volume on almost everything that gets put in their store.  also I have never seen anywhere sell macadamia nuts anywhere close to their price.


Shouldn't all pieces from think tanks be thoroughly fact-checked?  Whether it be CATO, Center for American Progress, Brookings, Heritage, or AEI, it seems reckless to me to publish their pieces without fact-checking.  I don't even fault Stephen Moore for this. His job is to spread certain economic views.(ones that I tend to disagree with strongly, but that's his job)   If a news publication is to go by the assumption that what he publishes isn't dubious (or sometimes factually incorrect), I think it's their fault.


Rephrasing your question: Am I diversified if I have more than 50% US stocks?    I would say that you can certainly be diversified and have more than 50% of your portfolio invested in US Stocks.  I view the amount of international stocks (non-US) as a risk choice.  My observations have been that my international stocks have higher risk which comes with a higher reward.   I'm not comfortable with putting too much of my portfolio into a very high risk category. I personally invest 25% directly in mutual funds that invest in foreign stocks.   When you couple that with the money I invest in US stocks via mutual funds that have foreign interests (Coke, GE, etc.), I'm somewhat over 25% international in my portfolio.


If held in one savings account, how can I easily manage what percentage is planned for which   purpose? I used a spreadsheet for some years, but found it clumsy for everyday use. Thus I wrote some software which my wife and I use for our short-term as well as long-term planning, available at http://budgeter.sourceforge.net. It specifically helps with splitting the money in one or several accounts into logical categories. (The software is not the most user-friendly ever, so there may be better suggestions that follow, but it works well for us. Please feel free to suggest improvements to it as well.)


I can't speak for the US, but I've completed direct tax payments via my online bank account (for business and personal) in two countries (South Africa and the UK).  I find it easier and with a better record that the transaction took place than any of the other methods available (including going directly into a tax office to pay by cheque). Mail can go missing. Queueing in their offices takes hours and the result can still be misfiled (by them).  Ditto allowing them to do a pay run on your account - they can make a mistake and you'll have difficulty proving it.  A payment via my bank account gives me an electronic record and I can ensure all the details are correct myself. In addition, in the UK, paying online gives you a good few months extra grace to pay.  Even in South Africa, online payments are given a few weeks grace over physical payments.  Their recognising that you paying electronically saves them processing time.


Nice comment. Of course, Oracle must be blamed the most because they are professionals of those projects. It is difficult for us to know more concrete details so I would like to ask you which, at this project, poor management skill of Oracle staffs or plan of Oregon are worse to be accused. Or do you think that plan was made mainly by Oracle?


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Income tax write off idea would be difficult in California with prop 13 in place. Also, the current legislature would find some way of jumping on its coat tails to impose even more taxes and fees. And current homeowners would oppose it seeing as property values would drop.  Still though, getting the foreign money out of the market would give people a fighting chance at homeownership in the areas they want to buy in.


It is very important to note the strength and reputation of the country's regulatory agency. You cannot assume the standards of say the SEC (US Securities and Exchange Commission) apply in other countries (even well-developed ones). These regulations force companies to disclose certain information to inform and protect investors. The standards for such practices vary internationally.


A terrific resource is this article. To summarize the points given: PROS: CONS: There is no generic yes or no answer as to whether you ought to max out your 401(k)s. If you are a sophisticated investor, then saving the income for investing could be a better alternative. Long term capital gains are taxed at 15% in the US, so if you buy and hold on to good companies that reinvest their earnings, then the share price keeps going up and you'll save a lot of money that would go in taxes.  If you're not a very good investor, however, then 401(k)s make a lot of sense. If you're going to end up setting up some asset allocation and buying ETFs and rebalancing or having a  manager rebalance for you every year or so, then you might as well take the 401(k) option and lower your taxable income.  Point #1 is simply wrong, because companies that reinvest earnings and growing for a long time are essentially creating tax-free gains for you, which is even better than tax-deferred gains. Nonetheless, most people have neither the time nor the interest to research companies and for them, the 401(k) makes more sense.


In a fixed currency system large corporations can easily fund big new investments and it's super cheap.  That's because they are using retained earnings and not competing with lots of fractionally reserved money that is squandering resources chasing whatever bubble is in vogue at the moment.  If you know that a company called Toyota with no access to any retained earnings should build a car for $1 billion dollars and it is guaranteed to be a success before you ever even got started well then you've solved the central planning problem and can just do away with private industry and omnisciently run the whole world by dictatorial decree because you have perfect information about the future.    That doesn't mean that government shouldn't exist.  In a gold backed system the government can tax the population and invest in infrastructure or whatever but when they do that the population will have less to spend, consumption industries will contract and production will be reallocated to the government's whim until the investing is over and then the people will all get their money back through wages or business profits from selling to the government.  It's important that the government have a stable and predictable spending program so they don't cause undue damage to the capital structure.


>Landlords vs slumlords - somehow I doubt if the author lives in a real slum with a landlord that provides substandard housing. Why call a landlord a derogatory name for providing you a place to live>?  Because my apartment needed 5 repairs in the first four months of renting.  Because my landlord claims to be a nonprofit university (MIT owns large portions of Cambridge) when it's time to pay property taxes but increased the rent 27% over the rent from 3 years ago when they rented the apartment to me.  Because renting out housing stock as old as this by doing the minimal necessary repairs to get it back on the market every year is basically just economic rent-seeking on the value of living in this city.


It depends on how much money it is going to save you, how secure your job is and how much risk is acceptable to you. The main problem with taking out a 401k loan for anything is that you have to pay it back within ~60 days of loosing your job which would be precisely when you need your savings the most and then you get the tough choice of using your savings to repay the 401k loan (assuming you have an emergency fund) or possibly not having enough money to live on until you find another job. If you don't have an emergency fund you are going to get stuck with a substantial tax bill 10% penalty plus taxes at your marginal rate. There are definitely advantages to avoiding PMI and you will probably get a pretty decent return on investment (mortgage interest rate + cost of PMI), but there are risks as well.


How does increasing the company's profits get helped by paying for employees to fly domestically in first?    Many have business class policies for flying to other continents (although never first, just business class).     I have flown a plenty of domestic/international first class, and it is fascinating that most of those in paid fares in first are government workers, and non profit employees along with the odd retiree.   The rest are usually there on free upgrades, friends/family of airline employees and those that paid with miles.


Here is a list of threads in other subreddits about the same content:   * [Fraser Institute Freedom Ranking Belies the America I Know](https://www.reddit.com/r/Economics/comments/78iosy/fraser_institute_freedom_ranking_belies_the/) on /r/Economics with 3 karma (created at 2017-10-25 04:44:06 by /u/Karen_MS)  * [Fraser Institute Freedom Ranking Belies the America I Know: The Pitfalls, Limits of Data Come to the Fore](https://www.reddit.com/r/austrian_economics/comments/789uf2/fraser_institute_freedom_ranking_belies_the/) on /r/austrian_economics with 6 karma (created at 2017-10-24 02:40:47 by /u/TheStatelessMan)  * [Fraser Institute Freedom Ranking Belies the America I Know](https://www.reddit.com/r/Conservative/comments/789rjm/fraser_institute_freedom_ranking_belies_the/) on /r/Conservative with 3 karma (created at 2017-10-24 02:29:36 by /u/Ferginator)  * [Fraser Institute Freedom Ranking Belies the America I Know](https://www.reddit.com/r/Anarcho_Capitalism/comments/789nlc/fraser_institute_freedom_ranking_belies_the/) on /r/Anarcho_Capitalism with 2 karma (created at 2017-10-24 02:14:25 by /u/TheStatelessMan)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!


"This shows that in each market (US and Canada) the company is registered with the appropriate regulatory organization. OANDA is registered in the US with the National Futures Association which is a ""self-regulatory organization for the U.S. derivatives industry"". OANDA Canada is registered in Canada with IIROC which is the ""Investment Industry Regulatory Organization of Canada"".  The company does business in both the US and in Canada so the US arm is registered with the US regulatory organization and the Canadian arm is registered with the Canadian regulatory organization."


"In short: management wants something because somebody said some vague idea.  Management does not really know why the idea should be done! ROI? Good idea? Is there a need for the idea?  Let's not forget that to begin with, management does not know how to execute, implement or design the idea. Never!  The idea is sent to IT to think and do all the above.   IT will never fight Management and do serious work on the first part: Should the idea be done? ROI? Need for the idea? Business Analysts in IT are notoriously knows to be clueless except to write down ""requirements"" that some Business people said.  So, IT concentrates on the 2nd part: implement and design a solution for the idea.  And between the 12 people in IT working on the design and implementation, non of them have background in Business, Marketing or Accounting, the results are predictable.  How it should be done? You have an idea? You and only you work with all the stakeholder on all aspects of evaluating and implementing the idea: from research about the validity and feasibility of the idea, to checking and working closely with the design and development team as YOU try to implement the idea."


Silly poppets, you begin to sense the nature of the beast and his work now. Its too late to panic now, you have as little chance of stopping this demolition as you would have had if you had stood on the ground floor, of the WTC, and made patriotic speeches while the first few floors started to pancake.  This is what it feels like to see the roof coming down, hate to say I told you so


Yes it should be a ACH or other electronic transfer. However, it not unusual to have checks sent for large amounts in corporate banking. Large companies don't give large checks to tellers, they have it sent to a lockbox. However, lockboxes are suited for payment of invoices and I never heard of a billion dollar invoice.  edit: Also, I believe that some of the bailouts were done in checks, but honestly I'm not 100% on that.


I believe though, qualifying experience is determined by your local society.  What counts as experience in Yellowknife may not count in London.    When I moved to a new society they didn't accept my past work history as qualifying (previous society did), however, I was already done the first two exams and had a front office role, so I didn't challenge the ruling or look into it any further.  Maybe there was/is an appeal process.


From my experience using PayPal for selling products on eBay (and for the last two, experiences of a friend)...  Can paypal get money from my Bank Account without my authorization. This is assuming they have transferred the funds to me. They can't pull money from your bank account without your authorization. They will, however, take the money from your PayPal account if it's still there, or leave you with a negative balance if you've already withdrawn. They will do this as soon as there is a claim against you and will only release the funds if the investigation ends in your favor. Any money received would first be used to satisfy the negative balance. What actions can paypal takes against me if charge back amount is very high and I don't agree / pay them. They will send it to a collections agency. Is there any case it is going to effect my bank account, i.e. is there any chance paypal can block my bank account in India. They will block you from using PayPal. If you try to sign up again with a different bank account or credit card and they recognize you as the account holder, they will block that account as well.


Reach out to some local small business networks and invite them to have meetings in her shop.  Same for local book clubs, philosophy discussion gropus, etc.  Hit up meetup.com and find groups that would enjoy the space, contact the organizer and get them in.


"The PMI premium you pay is dependent on a very large number of variables in the finance market. Mortgage insurance, at the higher inter-bank levels, is handled with credit default swaps (the ones you've been hearing about on the news for the past 4 years), where the lender bundles a block of mortgages, takes them to a guarantor like AIG or Freddie Mac, and says ""We bet you that these mortgages will default this month, because the homeowners have little or no equity to deter them; if we win, you agree to swap these debts for their current face value"". The lender examines the mortgages, calculates the odds of a default severe enough that the bank would come to collect, using complex environmental heuristics, multiplies by the value of the potential payout, adds a little for their trouble, and says ""well, we'll take that bet if you pay us $X"". The bank takes the deal, then divvies up that cost among the mortgages and bills the homeowner for their share. The amount you pay for PMI can therefore depend on pretty much anything in this entire process; the exact outstanding amount and equity status of your loan, the similar status of other mortgages your loan will be bundled with for assessment, who the guarantor is, what exact heuristic they use to come up with an amount, the weighting the bank uses to divvy it up, and how much they actually pass on to you.  Most of these same variables are at play when you shop for actual insurance for your car or home, which is why your premiums will go up or down with the same insurer and why someone else always seems to have a better deal (pretty much every insurer can say that ""drivers who switched saved an average of $X""; of course they did, otherwise they wouldn't have switched). Thinking of it in those terms, it's easy to see how this number can vary widely based on numbers you can't see. You're free to say no, and it will cost you nothing right up until you sign something that says you agree to be penalized for saying no. While the overall amount of the payments does decrease, the PMI has gone up, and that's money you'll never see again just like interest (except you can deduct interest; not PMI). I would do the tax math; find out how much you could deduct over the next year in interest on your current loan, then on their proposed terms, and what the resulting tax bills will be from both. You may save monthly only to pay more than you saved to Uncle Sam at the end of the year. You're also free to negotiate. The worst they can do is stay firm on their offer, but they may take a second look and say ""you're right, that PMI is rather high, we'll try again and see if we can do better"". They can either negotiate with their insurer, or they can eat some of the PMI cost that they're currently passing on to you."


"Are you sure you're using the same date range? If you're using Max, then you're not, as ^FTMC goes back to 12/1/1985 while ^GDAXI only goes back to 11/1/1990. If I enter a custom date range of 11/1/1990 through 10/24/2015, I get:  and:  which, other than the dates it chose to use as labels on the x-axes, look identical. (I tried to add the URLs of the charts, but it looks like the Yahoo! URLs don't include the comparison symbol, which makes them useless for this answer. They're easy enough to construct though, just add the secondary symbol using the Comparison button and set the date range using the calendar button.) On your PS, I don't know, as you can see by my charts it even chose different labels when the date ranges were identical (although at least it didn't scale different dates differently), so maybe it's trying to be ""smart"" and choose dates based on the total amount of data available for the primary symbol, which is different in the two cases."


"Nobody has a ""crash proof"" portfolio -- you can make it ""crash resistant"". You protect against a crash by diversifying and not reacting out of fear when the markets are down. Be careful about focusing on the worst possible scenario (US default) vs. the more likely scenarios. Right now, many people think that inflation and interest rates are heading up -- so you should be making sure that your bond portfolio is mostly in short-duration bonds that are less sensitive to rate risk. Another risk is opportunity cost. Many people sold all of their equities in 2008/2009, and are sitting on lots of money in cash accounts. That money is ""safe"", but those investors lost the opportunity to recoup investments or grow -- to the tune of 25-40%."


>Your exports are greater than your imports (at least relative to the US). This is going to have a significantly inflationary impact on your economy.  I did consider this, but I frankly don't understand. Exactly how and why does a strong economy mean higher prices?   Also, I presumed the reverse of your second point: that our minimum wage is 2x higher than America's because it would be totally and utterly impossible to live in this country on the American minimum wage


Wow, your experience is definitely not unique. A close friend of 8 years complained about his medium sized company struggling to gain market share. The company I worked for at that time had a product that could dovetail with his product with some effort. I told him about this idea, and the ball was set rolling. I  had set up a small company to act as supplier of the integration service between these two companies, with all effort on my side being done at own cost, and the continuous integration cost being carried by my company.  The friend found a way to steal most of my source code, and got a developer to complete the integration system, while cancelling the contract with me on ungrounded accusations.  I realised that warnings from other friends about this guy's integrity proved accurate, and I decided to cut all ties since no money had been made.  If this had happened after I had quit my full-time job as was the plan and started depending on this business for income my family would have lost everything we had.    OP has the core truth of it: > you may feel that your company is different from all of those other companies that have problems or interpersonal differences. Don't assume that. Trust your partners, have high standards for your performance and the performance of each individual in the group, but pay attention to protecting yourself along the way. Verbal agreements or goodwill may mean something to you but don't count on everybody else holding themselves to that standard.


There is not necessarily a need to prevent what you describe - 'turning insurance on before high risk situations'. They just need to calculate the premiums accordingly. For example, if an insurance needs to take 50$/year for insuring your house against flood, and a flood happens in average every 10 years, if you just insure the two weeks in the ten years where heavy rain is predicted, you might pay 500$ for the two weeks. The total is the same for the insurance - they get 500$, and you get insurance for the dangerous period. In the contrary; if a flooding (unexpectedly) happens outside your two weeks, they are out. From the home owners view, 500$ for two weeks when heavy rains and floods are expected, and nothing otherwise sounds pretty good, compared to 50$ every year. It is the same of course, but psychology works that way.


"The biggest risk you have when a country defaults on its currency is a major devaluation of the currency. Since the EURO is a fiat currency, like almost all developed nations, its ""promise"" comes from the expectation that its union and system will endure. The EURO is a basket of countries and as such could probably handle bailing out countries or possibly letting some default on their sovereign debt without killing the EURO itself. A similar reality happens in the United States with some level of regularity with state and municipal debt being considered riskier than Federal debt (it isn't uncommon for cities to default). The biggest reason the EURO will probably lose a LOT of value initially is if any nation defaults there isn't a track record as to how the EU member body will respond. Will some countries attempt to break out of the EU? If the member countries fracture then the EURO collapses rendering any and all EURO notes useless. It is that political stability that underlies the value of the EURO. If you are seriously concerned about the risk of a falling EURO and its long term stability then you'd do best buying a hedge currency or devising a basket of hedge currencies to diversify risk. Many will recommend you buy Gold or other precious metals, but I think the idea is silly at best. It is not only hard to buy precious metals at a ""fair"" value it is even harder to sell them at a fair value. Whatever currency you hold needs to be able to be used in transactions with ease. Doesn't do you any good having $20K in gold coins and no one willing to buy them (as the seller at the store will usually want currency and not gold coins). If you want to go the easy route you can follow the same line of reasoning Central Banks do. Buy USD and hold it. It is probably the world's safest currency to hold over a long period of time. Current US policy is inflationary so that won't help you gain value, but that depends on how the EU responds to a sovereign debt crisis; if one matures."


Let’s compare your target fund, FFFFX to a well-known ETF, SPY; SPDR S&P 500 ETF. Source: Yahoo Finance The difference in performance over a longer time-frame is significant, You can and should carefully research better funds in order to improve performance. FULL DISCLOSURE: My own IRA is at Fidelity. Less than 10% of my IRA is in Fidelity mutual funds. None is in FFFFX.


The risk-reward relation depends on what you are changing. In the most cases people ask about, it is not linear but I will give examples of both. Nonlinear case 1:  As you diversify your portfolio, the firm-specific risks of various stocks cancel each other out without necessarily affecting the expected return of the portfolio.  Reduction in risk without any loss in returns--very nonlinear.  Nonlinear case 2: If you are changing the weights in your portfolio to move along the efficient frontier, then you the risk-reward relation is a hyperbola, which is nonlinear. Nonlinear case 3: If you are changing the weights in your portfolio to move away from the efficient frontier, then you increase risk without adding a fully compensatory amount of return.  There could be many paths along the risk-reward plane, but generally it will not be linear in the sense that it will not be on the same line as your initial, efficient, portfolio and your savings account. Linear case 1: The most common sense in which we think of the risk-reward relation being linear is when the thing you are changing is the size of your investment.  If you take money out of savings to put in your fully diversified portfolio without changing the relative weights, your expected returns will increase linearly. Linear case 2: If you believe the CAPM, then the expected return of an asset stock is linearly proportional to the market risk of the firm.  If you could change the market risk of a single asset without changing anything else, then you would linearly change its expected return. The general rule about the risk/reward relation is this: If you are changing the size of your investment, the relation is linear.  If you are changing its composition, the relation is nonlinear


This is determined by each banking institution.  In general, if making the withdrawal in person, the limit is based on what you have in your account, but many ask for advance notice when withdrawing more than $5000.  They may still allow a larger withdrawal without notice, but usually have a policy in place and will tell you over the phone.  You should also be aware that the bank is required to report withdrawals totaling $10,000 or more in a day to the treasury department and may require extra paper work (businesses are often exempted or at least have higher amounts). For very large withdrawals, you would definitely have to wait, but you may not be able to get an answer over the phone as to how long unless you actually have $600K on deposit at that bank.  They will have some kind of protocol to handle such a request, i.e. teller will talk to a manager, who may have to make a call to a regional or national office and make special arrangements. Most branches don't want to have their regular stash of cash plus an extra $600K lying around.  There are insurance and security concerns.  The increased potential for theft can put employees and other customers at risk.  They may also not feel comfortable unloading bags of money from their vault or armored truck into the back of your car. While this is a very uncommon scenario, it has actually happened before.  It took 'weeks' and when funds were available, additional security and police escorts were called in. Edit: You can find summaries of the regulations here and here and more complete info here.  In general, the money should be available within 1-8 business days after it is deposited depending on the nature and amount of the deposit, but the regulations are really designed for more ordinary transactions.  For a $600K withdrawal, the bank can cite security issues and decline to honor the request in cash.  If you ask, your bank should provide their standard policy, which could include language such as this: We require prior notice for large cash withdrawals. We can refuse an order to withdraw funds in cash or to cash an item if we believe that the request is a security risk or possesses a hardship on the Bank. We may require you to accept an Official Check or electronic transfer to receive the funds. If we agree to a large cash withdrawal, you may be required to employ a courier service acceptable to us and at your risk and expense. If a large cash withdrawal is completed at a branch you will be required to sign a cash withdrawal agreement. Refusal to sign the agreement is grounds for us to revoke the cash withdrawal and require an alternate delivery for the funds. You might also find this question interesting.


"Maybe a bit off topic, but I suggest reading ""Rich Dad Poor Dad"" by Robert Kiyosaki. An investment is something that puts money to your pocket. If your properties don't put money to your pocket (and this seems to be the case), then they're not an investment. Instead, they drain money from you pocket. Therefore you should instead turn these ""investments"" into real investments. Make everything to earn some money using them, not to earn money somewhere else to cover the loses they create. If that's not possible, get rid of them and find something that ""puts money into your pocket""."


Insurance isn't a product designed to protect against financial loss. The product is designed to allow people to pay a small fee (the premium) for peace of mind. This allows the insured to feel as if their purchase was worthy (they see the potential of loss as a concern and the premiums small enough to allow them to not worry about having a loss). Insurance companies will then seek out insurable risks where the perceived losses far out weight the actual losses (risk assessment). So, you answer is that your friends are paying for peace of mind.


Earlier it was only rich and affluent that used to travel in cars. But with globalization, car prices have reduced so drastically that even common man is able to afford a car. However, it’s not the case all the times and sometimes; you may have a need to rent a car.


"This is a great data find. I've been trying to explain to my friends for years that outsizes corporate profits have been caused by outsized corporate leverage but they never believe me (and never bother picking up a 10-K either).  I do, however have an issue with this statement:  >If corporations really are people, it's time for them to start acting like people--and sharing their wealth.  I don't know that many people who actively ""share"" their wealth. My parents have always seemed much more concerned about saving for retirement and college than they did about ""sharing"" their wealth with others. To somehow imply that sharing wealth is the natural human thing to do is a bit presumptuous."


Also keep in mind that with an all-cash offer, they get their money now and not spread over X-many years, which means they can reinvest it now rather than piece meal across the term of whatever the loan would be. (Presuming the bank would be financing the house themselves.) Additionally, with an all-cash offer, there end to be fewer lawyers at the table, fewer parties total, so the process can generally proceed faster.


In your comment in response to this answer, you said that your biggest issue is oversight, which you can do by checking your online bank account regularly. Mint.com looks good but you're in Australia? Easy, check out getpocketbook.com. Using it and love it, helps a lot to track your tracking, and it's a god-send during tax time.


They all have competitors, but not many competitors. I feel like they're all in cahoots to get around monopolizing. Like, they realize there needs to be the appearance of competition and so they help each other stay at the very top by buying up all the little guys.


New York City is high cost-of-living, and I have absolutely no clue why people live there.  It's a tough place, and the taxes are oppressive.  People buy a studio apartment for $150,000 that has 175 square feet (that's not a typo) plus a $700/month maintenance fee that continues after the mortgage is paid off.  And that's just what the fee is now. Our rental house (which used to be our primary residence) at 1,300 square feet has a (15-year) mortgage payment of about $800, and $1,000 per year in property taxes.  And my area isn't particularly low cost-of-living. High cost-of-living is just that.  More money flies out the door just for the privilege of living there.  You make good investments with real estate by buying property at a good price in a good location.  Those deals are everywhere, but in high CoL locations you're probably more susceptible to price fluctuations which will trap you in your property if your mortgage goes underwater. Anyway, that's a long way of saying that I don't buy your recommendation to get property in high CoL areas.  There are desirable low CoL places to live, too.


A California Chevy Volt owner here... it costs me about $0.95 to charge the car over night (super off-peak rates between midnight and 6 AM are cheap) and I get about 35 - 47 miles per charge out of the battery before the gas engine kicks in.  The mileage changes depending on the weather... it's been over 100 Fahrenheit here recently which requires the A/C to be on to cool the battery in addition to the cabin resulting in the advertised 35 miles per charge.  Now that it's cooler, i'm getting 47 almost every day.


This sounds like a perfect application for a cryptocurrency. There are already some currencies designed for use in-game. Gamecredits and Voxel come to mind but there are others. You could use on of them or you could create your own just for your game.  I second what others said about letting prices change naturally according to supply and demand.


"This is an annoyingly misleading title. The article reads:  > Clickmeter will continue to serve the 100,000+ users but will be positioned going forward for more sophisticated customers.  So he's not killing it. He's just creating another company, because he saw a market opportunity. That's (in theory) a smart thing to do, but it's not the same as ""killing a startup that has over 100,000 customers."""


@Tim - in this case, a futures contract isn't like an options contract. It's simply a method of entering into an agreement for delivery at a future date.  While the speculators appear to have taken over, there are practical examples of use of the futures market.  I am a gold miner and I see that my cost is $1200/oz given my quality of ore. I see the price of gold at $1600 and instead of worrying that if it goes too low, I run at a loss, I take advantage and sell contracts to match my production for the next year (or as long as the contracts go, I forget how far out gold futures are).  Of course I give up the higher price if gold goes higher, but this scenarion isn't speculation, it's a business decision.  The bread maker, on the other hand, might buy wheat futures to guarantee his prices for the next year.


"His conclusion doesn't match the background.  > Gladwell cites research from UCLA's Mitchell Chang that shows that a person's odds of earning a science or math degree fall two percentage points for every 10-point increase in the average SAT score of his or her peers.  This says that a person at an Ivy League school has a lower ""chance"" of graduating with a degree.  It would be fine to say ""don't hire incoming Harvard freshman for your engineering or technology job because there is a lower chance of them completing their degree"" but nobody hires incoming freshman, they hire graduates.  What does this even say about the quality of the graduate once they actually have their degree?  As far as I can tell nothing."


When you say that you are not sure 'what amount of money would make a difference in the future', it indicates that you have not clearly identified your long term financial goals. Consider monthly budgeting to be one of the stepping stones to long term financial planning. How much you can 'afford' depends not only on your savings and income, but also your future expenses. If you want to buy a house in 2 years, for example, you may want to scrimp and save just a little longer, to secure a larger down payment. If you want to retire early, then similarly saving money now should bring you not short term financial wealth, but long term security. How much you can 'afford' will depend on how your current financial situation matches up with your future goals. The rules of thumb you listed (ie: % of income) may be good starting places, but that doesn't mean they are the right answer for you, in your current situation.


Yeah, but industrial use of gold and silver is not what really makes it valuable. If people stopped viewing gold as status symbol or investment, and used it only for industry, it's value would drop rapidly.  Same with diamonds - yes, they are valuable for industrial saws, but that is marginal part of therlir value.   Also, it is not that money is illusory and based on trust. It is that *society* is illusory and based on trust.   If people suddenly stopped believing in society and following social norms and institutions, there would be a chaos, and only *real* source of power would come from physical force and from weapons.


If its JavaScript-based you can check the source code to see if any messages are being sent, again this doesn't mean the code's malicious.  if there's any type of form submission you can't tell.  You could always implement it yourself, SHA1 is publicly accessible although not the easiest algorithm to build.


well, but to the best of my understanding we *do* subsidize the Koch Bros extremely heavily.  my sense of things is that Soros is not popular with the powers that be, and left out of the subsidies, but please enlighten me if i am wrong.  i am interested and curious.  also cynical but thats another post.  hah


You can use Norbet's Gambit to convert between USD and CAD either direction. I have never personally done this, but I am planning to convert some CAD to USD soon, so I can invest in USD index funds without paying the typical 2% conversion fee.  You must be okay with waiting a few days for the trades to settle, and okay with the fact that the exchange rate will almost certainly change before you sell the shares in the opposite currency. The spread on DLR.TO is about 0.01% - 0.02%, and you also have brokerage commissions and fees. If you use a discount broker the commissions and fees can be quite low. EG. To transfer $5000 USD to CAD using Questrade, you would deposit the USD into a Questrade account and then purchase ~500 units of DLR.U.TO , since it is an ETF there is no commission on the purchase. Then you request that they journal the shares over to DLR.TO and you sell them in CAD (will have about a $5 fee in CAD, and lose about $1 on the spread) and withdraw. The whole thing will have cost you $6 CAD, in lieu of ~$100 you would pay if you did a straightforward conversion with a 2% exchange fee. The difference in fees scales up as the amount you transfer increases. Someone has posted the chat log from when they requested their shares be journaled from DLR.TO to DLR.U.TO here. It looks like it was quite straightforward. Of course there is a time-cost, and the nuisance of signing up for an maintaining an account with a broker if you don't have one already. You can do it on non discount-brokers, but it will only be worth it to do it with a larger amount of money, since the commissions are larger. Note: If you have enough room to hold the CAD amount in your TFSA and will still have that much room at the end of the calendar year, I recommend doing the exchange in a TFSA account. The taxes are minimal unless the exchange rate changes drastically while your trades are settling (from capital gains or losses while waiting a few days for the trades to settle), but they are annoying to calculate, if you do it often. Warning if you do it in a TFSA be sure not to over contribute. Every time you deposit counts as a contribution and your withdrawals don't count against the limit until the next calendar year.


"The markets now are projecting inflation over the next 10 years of only [1.19 percent](http://www.clevelandfed.org/research/data/inflation_expectations/). That's the lowest since the deflation that drove the Great Depression.  And prices just **fell** [in May](http://tucsoncitizen.com/usa-today-news/2012/06/14/consumer-prices-fall-0-3-in-may/), *deflation* once again.  The last time before this that prices *fell* was the last half of 2008 -- the start of the Great Recession.  So we have prices **falling** again, and the last time two times we had unexpected significant price falls they gave us the Great Depression and Great Recession.  Anyone who is actually afraid of inflation today is somewhere between being totally out of touch with reality and being an obsessive loon.  >So just help me figure out why there are economic arguments against purposefully high inflation (5%)  You *don't* want ""purposely high inflation"".  One party's gain with that is just another party's loss.  However we are eons away from that, for better or worse.  But what we ***really don't want*** -- with deflation pressing all around us again, creating a real need for monetary (not fiscal) stimulus to prevent the third ""Great"" bad thing -- is inflation paranoids running around trying to stop it screaming ""Weimar! Zimbabwe!  We're about to turn into another Weimar / Zimbabwe!""  Paranoia about inflation is absolutely destructive in this economy.   Yet, [Conservatives prefer socialism to 3% inflation](http://www.themoneyillusion.com/?p=14918), forgetting everything Milton Friedman taught them.  Alas, it's true."


The United States taxes gifts to the giver, not the receiver.  Thus, in your case there would be no direct tax implications from the receiver so long as you are gifting cash and the cash is in Canada.  If you are gifting capital (stocks, property, etc.), or if you are gifting something that is in the United States (US stock, for example), there may be a tax implication for either or both of you. Your adult child would, however, have to file an IRS form since the gift is so large (over $100k) to create a paper trail for the money (basically proving s/he isn't money laundering or otherwise avoiding tax). See this article in The Globe And Mail which goes into more detail. There are no implications, except that there is a form (IRS Form 3520) that would have to be filed by the U.S. recipient if the foreign gift is over $100,000 (U.S.). But the child would still receive the gift tax-free. The U.S. gift tax would only apply when the Canadian parent makes a gift of U.S. “situs” assets, which are typically only U.S. real estate or tangible personal property such as a boat located in the U.S. For gift-tax purposes, U.S. shares are not considered to be U.S. situs assets.


Canada does not have tax lien certificates. Instead, they do tax deed sales.  Because the process is much further along, often involving local sheriffs, it is much closer to a U.S. foreclosure sale/auction process than a tax lien as you are likely thinking.  The laws and processes vary by province as well, so you'll want to contact the provincial government tax offices to get the details.


Trader Joe belongs to Aldi Nord, which covers the northern half of Germany.  Aldi Süd (South) is the master race though, in Germany at least. They tend to have a greatly different level of quality abroad, e.g. I heard in the UK Aldis are considered shit-tier, so your experience may vary.   edit: typo & grammar


Taking the help of experts is the best possible offer that an individual can look forward to. In that case calculating the current mortgage interest rates in MN becomes more important. Best home refinancing company, MN offers you the scope to deal with mortgage calculators. These are modern and tech savvy tools that take into consideration various factors related to the same.


Be it a small mid-size or big business, they want to upload clear, bright, and sharp images of their products on their website or other online platforms to lure customers. Subsequently there is increase the demand of expert Product Photography in LA.


Well your caution is appreciated! I didn't even see it like that so thank you for pointing it out! I've been tying to read up on him and the company and things look legit but I'll still keep this info with me. Thank you again for watching out:)


"You don't need to tell me your charity plans. They don't matter. Your comments still show lack of empathy, a basic innability to put yourself in another ones shoes. That actually is pretty important if you want to be a MD.  Have you ever thought that these people work so that they don't become criminals? They maybe fucked up in the past, or maybe not, but the market is not a good judge for their ""worth"". They are people not a commodity or a number.   The fact is, even if you trained these people, menial workers are NEEDED in a society, and therefore they should be able to make enough money to survive in the society.  You know, free market is not the magical solution for everything. And you may not believe it, but I do have the view that for the most part the govt screws up, and should be given extremely limited powers.  I don't claim to know the solution for their problem, but I do feel for them. Not only do they have to support their families with too less, but they also have to listen to people telling them how worthless thy are."


Many people, especially with lower income/skill/education, have poor money management skills to the point where they will not be able to ration their money for a full month. If the payment schedule is reduced to weekly or bi-weekly it becomes easier for such people to make non-discretionary payments.


I filed all my tax returns when I was abroad so they know how much I   made (just not how much I saved). I smell problems here. If you were compliant wrt to your filings, you must have filed FBAR forms and form 8938. Even if you were below the threshold for form 8938, you will probably be above it when you move back to the US - the threshold for people living in the US is much lower. Do I still need to declare it, even though I might not intend to use   this money to help my kids through college? I believe so. Here's what they want: Nothing there suggests that it is only limited to the accounts in the US or to the money you intend to use to help your kids through college.


See if there are any favorable tax treaties between your two countries. (check US state department - or find the nearest PWC, Deloitte, KPMG, these are global auditing firms that deal with international tax and compliance) A tax treaty could have possible goodies such as a lower more favorable tax or even a tax credit from. For instance, if you paid 28% tax in the US then your new country will give you a credit on the taxes owed to them. The point of tax treaties are to prevent double taxation, but in the effort to do so they often create their own new tax rates for transfers between countries. You'll be better off just paying the 28% US income tax on your 401k distribution. And using the post-tax money as you please. US citizens are on the hook for income tax several years after they leave the US.