No offense to any bankers who are reading, but i find it remarkable that they can confuse what I'd expect to be an otherwise simple explanation. If at the end of each day the interest is added, you go to sleep with a new balance. At the moment it's added, you have no interest due, just a higher principal amount than when you went to sleep last night. When I view my loan, I know how much interest added to principal since the last payment. Any amount I pay over that has to go to principal. Forgive me, but the rest sounds like nonsense.


If one makes say, $10K/mo, and the company will match the first 5% dollar for dollar, a 10%/mo deposit of $1K/mo will see a $500/mo match. If the employee manages to request 90% get put into the 401(k), after 2 months, he's done.  If the company wished, they could continue the $500/mo match, I agree. They typically don't and in fact, the 'true up' you mention isn't even required, one is fortunate to get it. Many companies that match are going the other way, matching only after the year is over. Why? Why does any company do anything? To save money. I used to make an attempt to divide my deposit over the year to max out the 401(k) in December and get the match real time, not a true up.


If you are just starting out learning to code then really just pick a language. You'll learn some principles that can be transfered to other languages and with experience that becomes easier every time.   Python is easy great for beginners since it is free, has a great community and support online, and is pretty well suited for data analysis. There are several books for using Python for finance (Google that phrase). Python is also quite popular for web development which might be another way to learn to code. It will require learning HTML and sql/databases besides python but even so might be more accessible rather than jumping into data analysis while learning how to code. Depends on the person though.


No. PayPal payments are credited to a PayPal account. PayPal doesn't let you pay arbitrary banks or credit cards, that defeats the purpose of PayPal and there are other services which can do that cheaper or with less hassle. You need to find another mutually available and satisfactory option with your client.


"Companies absolutely know who ALL their shareholders are. Ownership is filed on Form 3/4 and in 10-Q/Ks. Look there.  Guidelines for required disclosure are as follows: 1) Individuals must disclose when their ownership exceeds 5%; 2) Non-individual legal entities (read: companies; e.g. a hedge fund) must disclose when their ownership exceeds 10% (Form 13-F); and 3) All Officers and Directors Notice the word ""required."" For example, a entity (individual/company) may file ""confidentiality letter"" (which allows them to delay disclosing ownership) with the SEC as they are building a position.  So at any given point in time the information that is publicaly available may not be ""up-to-date."" And in all cases beneficial owner(ship)."


I suppose if you consider tax liability, and when you moved back in with your parents they started claiming you as a dependent on their taxes, but otherwise single-filer means you are your own household regardless of who rents to you.


Crochet is your one stop destination for free crochet patterns for blankets. Whether you want a simple basic Afghan crocket pattern or a bit more advanced pattern, our detailed, easy to follow free patterns can help you create the desires Afghans like baby Afghans, granny square Afghans and much more.


Although I posted this question more than a year ago, I subsequently read information which may be of use as an answer, specifically regarding Pritchard Stockbrokers in the UK several years ago, in which the FSCS stepped in to compensate investors, as detailed in the following: http://www.fscs.org.uk/what-we-cover/questions-and-answers/qas-about-pritchard-stock-6n940n01k/ http://www.ft.com/cms/s/0/89957c56-21e4-11e3-9b55-00144feab7de.html#axzz3crZYbGZ9 For reference, in case the links above are at some point in future taken offline, the FSCS FAQ states: Q: I had “deposited” money with Pritchard so can I expect £85,000 compensation from FSCS?  A: No. Pritchard was not a deposit-taker so the money held does not qualify under regulatory rules as a deposit. The money will be treated as an investment, which carries maximum FSCS compensation of £50,000 per person. FSCS has no discretion to pay any more. Q: What happens if my losses are over the FSCS maximum of £50,000 and I accept the FSCS’s compensation?  A: If you choose to accept compensation from FSCS, you will be required to assign (or legally transfer) to FSCS all of your rights to claim in the Administration. FSCS will then claim in the Administration standing “in your shoes” and will claim for the whole of your loss, even if it was over £50,000. When FSCS receives the dividends in your place it will then pay to you any amounts recovered to ensure that you do not suffer a disadvantage for having accepted FSCS compensation first. Example 1: Loss = £80,000 FSCS compensation = £50,000 Dividend of 50p/£ received by FSCS = £40,000 FSCS pays £30,000 to claimant so he is fully compensated (total £80,000), and retains £10,000 recovery for itself Example 2: Loss = £100,000 FSCS compensation = £50,000 Dividend of 50p/£ received by FSCS = £50,000 FSCS pays £50,000 to claimant so he is fully compensated (total £100,000), and retains nothing for itself FSCS does not have to have make a full recovery of its £50,000 before it starts paying its dividend recovery on to claimants. Claimants are not compelled to claim from FSCS, or to accept the FSCS offer of compensation. If a person does not want to transfer his legal rights to claim in the Administration to FSCS in return for accepting the payment of compensation, then s/he can decline our compensation and continue his claim in the Administration. After s/he has received the dividend(s), s/he can then return to FSCS to claim for any remaining shortfall. Therefore, the answer provided by @DumbCoder was correct, but in circumstances where fraudulent activity would mean otherwise, the FSCS was willing to intervene on the behalf of investors.


"This article on the landlord website Property118.com shows a simple example, demonstrating that a private landlord with a mortgage could see a huge jump in their effective tax rate (in this case, from 18% to 67% by 2020), while a corporate landlord will see no change at all. There's also a link in that article to a detailed report which is highly critical of the tax changes. The government obviously take a different view! (See here for more worked examples of how the tax changes will be applied). More information can be found on this on various landlord sites. A key phrase to look for is ""section 24"", referring to the section of the Finance (No. 2) Act 2015 which implements the change. Note that this change only applies to private landlords (i.e. those who own a property personally, rather than through a company), and who have a mortgage on the property, and who (after the new calculations) are higher or additional rate taxpayers."


The idea that you should buy quality, long lasting clothes shouldn't go unchallenged. It's just not true for everybody. If you have a job or a lifestyle that makes it so your clothes are going to get worn out fast regardless of quality, buying expensive clothes doesn't make sense. With that said: look for heavier-feeling fabrics, avoid colors that will fade (or worse: bleed into your other clothes in the wash). Check the laundry instructions so you can see whether they're on the delicate end of the spectrum. Re: how to extend the life: avoid bleach. Even color safe bleach contains peroxide which can break down fabrics faster.


FWIW I passed CFA L1 with almost no understanding of financial statements. It's super important like others said but if you're good at the other areas a pass is possible. I used ADAPT prep which was really good


"The personal checks may be due to their bank not issuing the company checks yet and there may also not be a payroll system in place at this time. So far as the W2's are concerned you should probably ask the owner if they plan on distributing them to the employees. If the owner has no interest in making you proper ""on the books employees"" let them know that they should probably be paying you in cash so that if the IRS comes you wont be tied to it. Obviously working in cash (off the books) has its drawbacks (no rights or protections) and benefits (no taxes)."


"First, is population density. You didn't say where exactly, but for example here in Tampa, Wells Fargo has 25 branches in the area  (though that is a bit larger then what I would think of the Tampa area as a local) Second, we can mix in service expectation. I expect that in addition to ""good"" online service, ""great"" phone service, ""great"" email service, that when I have a problem, don't understand something, or want to talk about my options for investing or choosing account types, that I am able to go into a branch. That I can ""walk in"" and see someone quickly, or schedule an appointment and see some one right away (at my appointment time).  Together, these two options means that on a busy day, the nearest Wells Fargo Branch to me has at any one time, 50 - 60 people in it. Smaller branches, of course have less, and larger branches exist. So it just takes that many branches to address the number of people and their expected needs.  As to why there are so many different brands/banks Well that's just the USA. We believe in capitalism. We have believed in it much stronger in the past, but banks are the central to capitalism so why shouldn't they serve as an example.  At it's core (a very simplistic look) Capitalism and a free market means that we as customers are better served by having lots of different brands fighting for our business. It should drive more consumer desired features  (like lower prices, higher interest rates, better fee schedules, etc.) while forcing those brands to operate ""better"". (Just ignore the bail out, that's a loaded topic) So for some of us, we want a big bank like Wells Fargo, because we want the rates, structure, and service they can provide as a ""big bank"". For others they want the more personal touch of a ""small bank"". There are benefits both ways.  For example there may be a bank that only allows people with excellent credit to open accounts. That allows they to have lower over all mortgage rates, but means their checking accounts have higher minimums. While the next bank may be more inclusive, and have smaller minimum balances, but as a result charge more for loans.  We like our options, and rest assured all those ""brands"" offer products that have differences that attract customers."


[KarmaKaiser](http://www.reddit.com/r/business/comments/mw301/5_reasons_money_can_buy_happiness/c34ecvh) posted a nice article about why money doesn't buy happiness, one of the reasons is that people are incorrect about what makes them happy. So I could even argue that you shouldn't be absolutely certain about *yourself*. You may be right, just don't be too sure :-).


> Securitize the mortgages and sell them off to hapless clients.  to expand on that, these loans were being packaged with 100s of others and sold to investors who could not possibly be bothered with examining each of the properties or borrowers.  They were sold for decent fees to the bank, and if the bank sold them all, had no risk, and pocketed fees from both ends.  The banks needed as many loans as possible because they thought they could sell them all.  The significance of this admission isn't so much that it was always ridiculous that the illiterate and unsophisticated were taking advantage of banks generosity, but that they can no longer say the ridiculous with a straight face.


"Ex-Apple Store employee here. I didn't read the article, but then again I didn't need to. Apple is a great company, blah blah blah. Here's the bottom line: If I sell $15,000 of computers in 6 hours (something that's not so terribly hard to do), I still get paid the same $11.5/hr. Why the fuck should I work harder to sell? Pressure from above. Also they print a list of how much everyone has sold by day, week, month, quarter and YTD. You want to be in the top 5 of that list.  Now, I worked there from 2008-2010, so things could be a lot different there now. But I suspect they're not. There's a huge amount of churn, as someone said, and I'd argue that it is entirely to keep happy smiling dumb faces there all the time. The ""Lifers"" are huge tools who suck big ones.   I still love Apple. Just glad I don't work for them."


Most inversion and tax sheltering deals like this are structured whereby their US division sends any profits to their offshore division as intellectual property licensing payments, or some form of financial instrument like inter-company loans, and the interest payments just so happen to be about as large as the US profits in that particular year.  Every time rules have been proposed to try and limit these sorts of arrangements, either they get killed in congress or additional loopholes are discovered and the same behavior continues.


The best answer I can give is - be prepared for change. There's no perfect question you can ask or assurance you can get prior to accepting the offer that will give you any particularly perfect security or sense of stability here.  The company itself is going through a change of identity that can change how it will do business and even what the business is and how revenue is acquired.  In the time of the acquisition your role within the company could change radically for better or worse, it could even be eliminated entirely. If that type of uncertainty doesn't appeal to you - don't take the position. If you are absolutely psyched about this job, the best thing you can do is to learn more about the business itself and see if you can make any educated bets about how your role will play into the changes in business strategy that will come with the acquisition.


Sure they do, NY literally did just that..  https://www.google.com/amp/s/www.theverge.com/platform/amp/2016/10/21/13361536/airbnb-new-york-cuomo-bill-ban-short-term  I'm still right and everything you say STILL doesn't refute the fact that every city that has similar laws, yet, AirBnB still allows listings; is bustling with listings.  Nothing you're saying is remotely helping your case.


I think it will be some time before we see the full effect this legislation will have on the overall markets. Insurance, as an industry is a tricky beast. Logically speaking for an industry outsider it may make sense that with more customers the insurance industry will mak emore money but, in actuality many people who could not previously get insurance are going to be getting insurance. What this means is that though the insurance companies will have more clients thier costs are likely to go up substantially. Which in turn will create downward pressure on profits and as a result stock prices.


For the rollover, you should probably talk to the recipient manager.  This would be your broker or whomever (your new employer if rolling into another 401k).  They should be able to update you on progress and let you know if you need to do anything.   In a comment, you say  I could be putting in money but instead im lossing. There is no requirement that an IRA have 401k money in it.  Just put the money in without the existing money.  Eventually the rollover will complete and add that money to whatever you contribute to the IRA.  The rollover should not affect your future contributions in any way.


This shifting is costs is made even worse by the fact that the worst breaches are coming from companies that most consumers don't have a choice about dealing with. Therefore, there isn't even a market incentive to encourage companies to behave better. If a bank or credit card had no fraud protection, or showed the level of incompetence Equifax has shown, people would move their accounts. However most of Equifax's victims didn't really have a say about whether Equifax had their data.


The Canada Revenue Agency describes in detail here what information businesses must generally include on their invoices so that GST/HST registrants can claim Input Tax Credits (ITCs) for the expenses. Quote: Sales invoices for GST/HST registrants You have to give customers who are GST/HST registrants specific   information on the invoices, receipts, contracts, or other business   papers that you use when you provide taxable goods and services. This   information lets them support their claims for input tax credits   (ITCs) or rebates for the GST/HST you charged. [...] The page quoted continues with a table describing what, specifically, needs to be on a sales invoice based on the total amount of the invoice; the requirements differ for: total sale under $30, total sale between $30 to $149.99, and total sale $150 or more. For the total sale under $30 category, the only things a sales invoice must contain to support an ITC claim are (1) the provider's business name, (2) the invoice date, and (3) the total amount paid/payable. i.e. When the total sale is under $30, there is no requirement for any GST/HST amount to be indicated separately, nor for a business number to be present on the invoice. Hence, IMHO (and I am neither an accountant nor a lawyer), if your Uber rides are for $30 or less, then you shouldn't expect a GST/HST number anyway, and a simple invoice as described should be enough for you to claim your ITCs. Whether or not the provider is registered in fact for GST/HST is beside the point. For amounts over $30, you need a bit more. While the page above specifies that the provider's business number should be included beginning with the next level of total sales,  there are exceptions to those rules described at another page mentioned, Exceptions to invoice requirements, that specifically apply to the taxi/limousine case. Quote: Exceptions to invoice requirements GST/HST registrants are required to keep the necessary documentation   to support their claim for ITCs and rebates. In certain circumstances   the documentation requirements have been reduced. [...] For taxi or limousine fares your books and records must show: So at a minimum, for fare in excess of $30 total, you should ask the driver to note either (a) the amount of GST/HST charged, or (b) a statement that the fare includes GST/HST. The driver's business number need not be specified. Consequently, if your receipt for a ride in excess of $30 does not contain any such additional information with respect to GST/HST, then I would expect the receipt does not satisfy the CRA's requirements for supporting your ITC claim. i.e. Keep your individual rides under $30 each, or else get a better receipt from the driver when it is above that amount. p.s. It should go without saying, but your rides, of course, must be considered reasonable business expenses in order to qualify for GST/HST ITCs for your business. Receipts for rides of a personal nature are not eligible, so be sure to maintain proper records as to the business purpose and destination for each ride receipt so claimed.


"this is terrible... ""make a culture from the brand?""... they listed apple's ""think different"", but not ONCE was that brand tied to their culture... nor was anything about google's brand tied to the questions it asked.  I stopped reading after about the third bullet. Stupid. Completely stupid."


"You'd have to check the rules for your broker to make sure that the term is being used in its usual sense, but the typical answer to your question is ""no.""  A GTC will execute during market hours.  You would need to explicitly specify extended hours if you want to execute outside of market hours (which your broker may or may not support)."


You first compute your Ordinary Income (which includes Dividends, since they are taxed as OI), then you apply the standard tax bracket function to it, which is a piecewise linear function f() such that TAX = f(INCOME). It can be found at About.com. You can transform this into NET_INCOME = g(INCOME) = INCOME - TAX = INCOME - f(INCOME). Presumably g() is what you want to graph. I've actually graphed it before:  Not too interesting, even on a LogLog scale. More interesting is the marginal tax rate, which is the derivative of f(), or the negative of the derivative of g():  ST (straight tax) shows what the marginal tax rate would look like if f() was just f(x)=kx or f(x)=kx+c, i.e. a straight/flat tax. The net tax rate (f(x)/x) actually gets more interesting if you also include [federal subsidies/deductions](Src: http://fbheron.org/wp-content/uploads/2014/03/fedassistance_ft.jpg) as a negative tax:  Capital Gains are taxed separately and have (almost) nothing to do with this function. Corporate tax is not payed by you (although the burden of the tax [technical term] may fall upon you). Sorry I couldn't simplify; taxes are just complicated.


Yes. As a general case, insurance proceeds are repaying you for the damage that you have already incurred, not specifically for fixing anything.  Since you have the legal right to sell the house as-is, without fixing it up at all, then you have the legal right to spend the insurance proceeds how you see fit. You can upgrade, downgrade, alter or replace your deck in any reasonable way... or do nothing.    You should call your agent and make sure that there is nothing unusual in your policy, but this kind of homeowner decision - what materials or methods to fix damage to a home... is very normal and unremarkable, so your agent will probably reassure you and end the conversation without a second's thought.


"> that it violates the price floors on various products  Valve Software and their Steam service has also been accused of this by the big name game vendors, specifically regarding their Xmas and Summer sales.  ""oh noes, you're devaluing the price floor of games! Now our customers will expect reasonable prices for old games, and might not buy our brand new $80 games!""  http://www.reddit.com/r/GameDeals/comments/nmuej/steam_christmas_sale_day_4/"


I think your right that these people don't have zero bargaining power, but even with everything you've listed, they still don't have much. The difficult thing we have to deal with as a society is that some portion of our population isn't capable of or willing to provide enough value in the labor market to support themselves sufficiently. Personally I think the solution to that is more MGI or UBI. Tampering with the market price for labor just creates an artificial floor that leaves the least skilled earning the real minimum wage, which is always zero.


Because nothing ever is so simple. There is a lot we don't know and its a learning process. I will never blindly assume something is true because it seems true or it is convenient for it to be true.   I hear your kind of argument from politicians all the time, just because something is true for them they assume it should be true for everyone. That's why we have doctors, researchers and engineers and economists, they tell you stuff you might not know. So you can either rub a leaf on your stomach for your illness or you can take the pill scientists worked on for years...same argument. I don't assume to know everything, when some one with more experience says something is not, I will consider it. Instead of blindly following my own beliefs.


The casino market is too saturated. I live in Maryland. Charles Town (WV) casino is 40 minutes away to the north. Live Casino is 40 minutes to the East. A new one is being built in Baltimore city, Holywood is 2 hours away to the further East. People in the region don't really have a good reason to drive 4 hours and go through 10 toll booths to play at AC.


"During the day, market and limit orders are submitted at any time by market participants and there is a bid and an ask that move around over time.  Trades occur whenever a market order is submitted or a limit order is submitted that at a price that matches or exceeds an existing limit order.  If you submit a market order, it may consume all best-price limit orders and you can get multiple prices, changing the bid or ask at the same time.  All that stuff happens during the trading day only. What happens at the end of the day is different.  A bunch of orders that were submitted during the day but marked as ""on close"" are aggregated with any outstanding limit orders to create a single closing price according to the algorithm established by the exchange.  Each exchange may handle the details of this closing event differently.  For example, the Nasdaq's closing cross or the NYSE's closing auction. The close is the most liquid time of the day, so investors who are trading large amounts and not interested in intraday swings will often submit a market-on-close or limit-on-close order.  This minimizes their chance of affecting the price or crossing a big spread.  It's actually most relevant for smaller stocks, which may have too little volume during the day to make big trades, but have plenty at the close.  In short, the volume you see is due to these on-close orders. The spike in volume most likely has no special information about what will happen overnight or the next day.  It's probably just a normal part of the market for illiquid stocks."


Purchasing an option to sell the stock is probably the safest bet. This gives you reasonable leverage, and your risk is limited to the cost of the option. Say the stock currently sells for $100 per share. You think it will drop to $80 per share in the next two weeks and the market thinks the price will be stable. Now, consider an option to sell one share of that stock for $95 any time within the next two weeks. The market would consider that option nearly worthless, since in all likelihood, you would lose out by exercising it (since you could just sell the share on the market for a price expected to be higher than that). You might be able to acquire that option for $5. Now, say you're right and within two weeks, the price drops to $80. Now you can purchase a share for $80, exercise the option to sell it for $95, and pocket $15. That would make you a $10 profit on a $5 investment. If you're wrong, you just let the option lapse and are out $5. No problem. In reality, you would buy a number of such options. And you wouldn't actually buy a share and exercise the option, you would just sell the option back to its issuer for $15.


is it really so important to have good credit with so much collateral Yes it is important to have good credit, the bank may not lend or may charge higher for bad credit. If you were to default the bank will get all that equity so You are missing the fundamental. Bank cannot take more than what they are owed. When they take possession of house, they auction it. Take what was due from the sale and return any surplus to the owner. This entire process takes time and hence bank wants to avoid giving loan to someone who they feel is risky. Edit: There are different aspects of risk that the bank factors.


"You said: ""should I make a side contract with the realtor to pay me the commission at closing?"" I would imagine that in most (if not all) states, that is illegal. This is because selling real estate is an activity that requires passing an exam on real estate laws and obtaining a state-issued license. You are not ""bringing a buyer"" because you are not an agent.  If you decide to go directly to the Realtor that has the listing, there is a possibility that the agent might agree to lowering their commission in order to make the sale. However, the agent is entitled to both sides of the commission because they bear all the administrative and marketing costs of the transaction.  The listing agent might choose to enter into a ""dual agency"" agreement where they would have to fairly represent both sides, but they cannot reveal information that would be helpful to you as a buyer (e.g., why the seller is choosing to sell, other material facts about the property that are not public knowledge, etc.). If there is no written ""dual agency"" agreement, then the listing agent ONLY represents the seller.  In either scenario, you lose the benefit of a full fiduciary relationship with an agent. So if you choose to deal directly with the listing agent, you are making one of the biggest purchases of your lifetime WITHOUT the benefit of professional representation. Do you really want that? Put another way: would you use your spouse's attorney in a divorce so that you could save money?"


"That wasn't really my point.  I was countering the attitudes that  1.  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>?  2.  The idea that the ""slumlords"" somehow conspired to artificially inflate, then deflate the quiet and lovely neighborhood.  Pretty ridiculous notion in my opinion.  Not to mention that buying a home in an area with abysmal schools doesn't seem to be a good idea if you have a ""gifted daughter"", unless you can afford to send her to private schools."


Online money transfer facility from Axis Remit is a quick and easy way to transfer money from USA to India. AxisRemit is Axis Bank's flagship inward remittance service enables you to transfer money to your beneficiaries through the most efficient channels like online money transfer, exchange houses and money transfer operators.


Assuming both halves have the same serial number printed on them, yes - a glued back together torn bill would be valid. You may exchange it at any US bank. If banks don't want to deal with that - send it to the Bureau of Engraving and Printing (BEP). If you only have one half, and it is exactly one half - then it is useless. That is why the person in the comics said that his halves are useless to him. The banks or the BEP will want at least most of the paper currency to replace it. The act itself (tearing the physical currency intentionally) is a felony with up to 5 years in the Federal prison.


"This is the best tl;dr I could make, [original](http://religionnews.com/2017/09/26/witch-doctors-are-sacrificing-children-in-this-drought-stricken-african-country/) reduced by 90%. (I'm a bot) ***** > His remains suggest he was slowly killed as part of a human sacrifice ritual performed by witch doctors, apparently to appease the spirits, said Mukisa, who filed a police report.  > Pastor Peter Sewakiryanga, who heads Kyampisi Childcare Ministries, a Christian organization that fights child sacrifice in Uganda, said children disappear in the country every week.  > Sewakiryanga said his charity worked with Ugandan police three years ago to arrest a witch doctor and his accomplices who sacrificed a 7-year-old girl named Suubi.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72nc9i/witch_doctors_are_sacrificing_children_in/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~217080 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **sacrifice**^#1 **police**^#2 **Uganda**^#3 **arrest**^#4 **witch**^#5"


"> Well, first of all, how do you define ""executive,"" and how do you differentiate between executives who had a hand in ruining the company, and those that didn't?   If you're in a VP+/Director position, you don't get blindsided by this shit no matter what which division you're responsible for unless the company has serious communication issues -- which is a tell in and of itself.  > Second, ""executives"" tend to be flexible, mobile, and have ""fuck you"" money. Turn off their salaries, and they'll just leave.  I don't find that a very compelling argument. It's the same as the old ""You can't tax the rich, they'll just move!"" argument, and should be solved much the same way. Okay, let 'em quit. Any stock options they have / other benefits get cashed out and applied to outstanding debts accrued under them before any payout reaches them. They can walk if they want, but they're going to feel it when they go.  > I know Reddit has this fantasy where executives don't do anything but golf and drink all day, but you can't run a company with an empty C-Suite.   I don't pretend that they do, but by the same metric I don't believe that many are worth anywhere near as much as they get paid -- and especially not when they're producing results like this."


You cannot deduct. Even if you could, unless you also hold the mortgage, it's unlikely that you would have sufficient deductions to exceed the standard deduction for a married couple.


First, the annual report is just that, a snapshot that shows value at the beginning and end of the period. Beginning = Aug 08 = $105B End =       Aug 09 =  $89B Newsletter date May 10 = $96B Odd they chose end of August as it's not even a calendar quarter end. The $16B was market loss during that period. Nearly half of that seemed to be recovered by the time this newsletter came out. The balance sheet also has to show deposits and payments made to existing retirees. I haven't looked at the S&P numbers for those dates, but my gut says this is right. The market tanked and the plan was down, but not too bad.  Protect? The PBGC guarantees pensions up to a certain limit. I believe that in general, teachers are below the limit and are not at risk of a reduced benefit. You do need to check that your plan is covered. If not, I believe the state would take over directly. I hope this helps.


"#1  The Affordable Care Act is not a gift to anybody except the insurance and drug industries.   It actually saves the federal government and employers money by giving employers a semi credible ""RFOTA"" to lay off or cut the hours for their ""overpaid older workers"" </sarc> For the government money is saved by shifting families and low paid workers out of expensive government programs like SCIP and Medicaid into hugely profitable individual private insurance plans of lower actuarial value. That effectively shifts the burden to the states and sick people.  Why no discussion about the earth-changing implications of exponential growth in technology on employment?  We need to fund education substantially better or we are soon going to be a nation of largely unemployed people."


Regarding:   1) What's the point of paying a dividend if the stock price automatically decreases? Don't the shareholders just break even?   As dividends distribution dates and amounts are announced in advance, probably the stock price will rise of the same amount of the divident before the day of distribution. If I know that stock share A's value is y and the dividend announced is x, I would be willing to buy shares of A for anything > y and < than x+y before the distribution.So, arbitrageurs probably would take the price to x+y before the dividend distribution, and then after the dividend distribution the price will fall back to y.


It looks like your Solo 401K loan will need to repaid in 5 years.  If you borrow too much in order to pay back in this time you run into the typical 401K loan risks, that it is considered a distribution.  Don't borrow more then can be repaid in that time. When you borrow money from your 401K, it is no longer invested in the market.  Lets assume  that you are borrowing at 6% or so, and your LOC is at 3.5%, and the mutual funds you are invested in are returning 9%.  You would be better off with the LOC.  As you are paying 3.5% but earning 9%.  Keep in mind with a LOC that is variable you have interest rate risk, where you don't really have that with the 401K loan. I think the 401K loan is riskier then you are allowing.  If you do not pay it back within the allotted time, you get nailed for 40% of the unpaid balance.  That is quite high.  With the HELOC, you can weather quite a few negative credit events without your home ever being in jeopardy.


In Canada, the majority of your taxes are remitted by the employer on your behalf after the employer deducts the calculated amount from your pay. Then when you file your income tax return you pay (or get reimbursed) the difference stemming from your particular social situation. Note that this is optional. The employer has to pay its own part of some deductions, but the employee can opt out from getting the standard amount of income tax deducted at source. It is his responsibility alone to pay for his taxes. So in this context, it's entirely possible to advertise an approximate net salary. Most of the accounting over here is done by way of accounting software, and those that support payroll go through a testing and acceptance phase for each revision to the tax tables, so the amount calculated is usually pretty exact (I got reimbursed 120$ last year).


> Aldi  I see this place hyped up so much on Reddit and I had a chance to pop into one lately. We have a bunch of ethnic grocery stores that basically sell the same stuff but with way, way, way better produce. The stuff at Aldi was gross. That's like half the reason to go to a grocery store - why bother?


>McDonalds  You picked probably the worst possible example, as McDonalds is a Fortune 500 company because of their quality and consistency.  Yes, they offer cheap meals, but for that price they offer very consistent, relatively good, food.


He is a fucking Idiot who's administration is paralyzed and unable to move, so he spouts some shit in the hope that it looks as if he is doing something, searching for minerals in Ghani's ass was the closest thing to a plan he had.


"Well it depends. I doubt the professor is looking for the ""basic"" answer as you described it. He's mostly likely looking for the above answers (i.e. the Rf is used to value a call in the B-S model).   Like in all classes, you need to know what the prof is really looking for, because many questions can be interpreted many different ways and unfortunately most teachers aren't clear in asking what they want."


Right now, the unrealized appreciation of Vanguard Tax-Managed   Small-Cap Fund Admiral Shares is 28.4% of NAV. As long as the fund   delivers decent returns over the long term, is there anything stopping   this amount from ballooning to, say, 90% fifty years hence? I'd have a heck of a time imagining how this grows to that high a number realistically.  The inflows and outflows of the fund are a bigger question along with what kinds of changes are there to capital gains that may make the fund try to hold onto the stocks longer and minimize the tax burden. If this happens, won't new investors be scared away by the prospect of   owing taxes on these gains? For example, a financial crisis or a   superior new investment technology could lead investors to dump their   shares of tax-managed index funds, triggering enormous capital-gains   distributions. And if new investors are scared away, won't the fund be   forced to sell its assets to cover redemptions (even if there is no   disruptive event), leading to larger capital-gains distributions than   in the past? Possibly but you have more than a few assumptions in this to my mind that I wonder how well are you estimating the probability of this happening. Finally, do ETFs avoid this problem (assuming it is a problem)? Yes, ETFs have creation and redemption units that allow for in-kind transactions and thus there isn't a selling of the stock.  However, if one wants to pull out various unlikely scenarios then there is the potential of the market being shut down for an extended period of time that would prevent one from selling shares of the ETF that may or may not be as applicable as open-end fund shares. I would however suggest researching if there are hybrid funds that mix open-end fund shares with ETF shares which could be an alternative here.


Gone are the days when in India, the fuel price was revised on every fortnight. Many times you would have filled up the tank one day before to save few bucks. Now, from 16th June 2017 onwards, Government has decided to revise the daily fuel price at 6 AM according to the international crude oil and dollar prices with respect to rupee value. The notion behind taking this step was just to remove the big leap in fuel rates and also a government initiative to maintain the demand and supply situation in equilibrium.


What's uninformed?  I take this tone often because people who have no clue what the fuck they are talking about go off and lecture other people, bringing up facts that have no thought behind them, and are merely definitions posing as an argument.  Making a statement, then getting corrected, then coming back and simply lengthening the original answer is not an argument.  I'll say it again: our currency is fiat.  It is backed by nothing.  Through the way the national banking system is set up, the vast majority of the money supply in our country represents not only fiat entries, but also debt.  If people can't understand that there are alternative systems that existed other than this, and they are fine with banking corporations having the ability to gain real assets by extending loans which are backed by money created merely by ledger entries, and only backed 10% or whatever by the deposits they have, then I don't know what to tell them.  Some people just like to feel comfortable by appealing to the existing system, and you aren't going to get through to them.  This site is so full of smug morons it drives me up the wall.  It's why I hardly comment anymore.  Pointless.


Some motorcycle owner uses these spare parts to take motorcycle racing performance. If you have to buy Antique Indian motorcycle you with better to know that online traders will usually provide both new and used motorcycles. We provide all Indian motorcycle spare parts online.You can rely on our motorcycle spare parts and we have served many clients with a complete satisfaction and now we have become the leader in the industry.


I don't like REITs because they are more closely correlated to the movement of the stock market. They don't really do the job of diversifying a portfolio because of that correlation.  When the stock market dropped in 2008, REITs were hammered as well because the housing bubble burst. Bonds went up, and if you rebalanced (sold the bonds to buy more stock) then you came out much further ahead when the stock market recovered. The point of adding bonds for diversification is that they move in the opposite direction of equities; blunting the major drops (and providing buying opportunities). REITs don't fit that bill. REITs are not undergoing a correction like bonds because the price of real estate is a function of housing supply and buyer demand. Rising interest rates only make it a little harder for buyers to buy, so the effect of rising interest rates on real estate prices is muted. The other effects on real estate prices (more wealth in the economy for buyers) pushes in the opposite direction of the rising interest rates.


I wonder if Home Depot price drops are just a product of capital outflows from retail ETFs, as investors leave the sector en masse. I think Home Depot is defensible against online intrusion, at least for now. If Home Depot is taking a price hit because investors are conflating it with other obvious retail losers (Barnes and Noble, Target, etc) this might actually be a good time to buy.


I have no idea what you're talking about or why you think it relates to my point that good people cost money. You need good people in government.  Letting managers make case-by-case decisions only makes sense if you have good managers.  And I hate to break it to you - but lots of good people only do what they do for the money. This is true of doctors, lawyers, pilots, mechanics and janitors. To think otherwise is being childishly naive.


"If you are like most people, your timing is kind of awful.  What I mean by most, is all.  Psychologically we have strong tendencies to buy when the market is high and avoid buying when it is low.  One of the easiest to implement strategies to avoid this is Dollar Cost Averaging.  In most cases you are far better off making small investments regularly. Having said that, you may need to ""save"" a bit in order to make subsequent investments because of minimums.   For me there is also a positive psychological effect of putting money to work sooner and more often.  I find it enjoyable to purchase shares of a mutual fund or stock and the days that I do so are a bit better than the others.   An added benefit to doing regular investing is to have them be automated.  Many wealthy people describe this as a key to success as they can focused on the business of earning money in their chosen profession as opposed to investing money they have already earned.  Additionally the author of I will Teach You to be Rich cites this as a easy, free, and key step in building wealth."


"In general, there should be a ""liquidity premium"" which means that less-liquid stocks should be cheaper. That's because to buy such a stock, you should demand a higher rate of return to compensate for the liquidity risk (the possibility that you won't be able to sell easily). Lower initial price = higher eventual rate of return. That's what's meant when Investopedia says the security would be cheaper (on average). Is liquidity good? It depends. Here's what illiquidity is. Imagine you own a rare piece of art. Say there are 10 people in the world who collect this type of art, and would appreciate what you own. That's an illiquid asset, because when you want to sell, maybe those 10 people aren't buying - maybe they don't want your particular piece, or they all happen to be short on funds. Or maybe worse, only one of them is buying, so they have all the negotiating leverage. You'll have to lower your price if you're really in a hurry to sell. Maybe if you lower your price enough, you can get one of the 10 buyers interested, even if none were initially. An illiquid asset is bad for sellers. Illiquid means there aren't enough buyers for you to get a bidding war going at the time of your choosing. You'll potentially have to wait around for buyers to turn up, or for a stock, maybe you'd have to sell a little bit at a time as buyers want the shares. Illiquid can be bad for buyers, too, if the buyer is for some reason in a hurry; maybe nobody is selling at any given time. But, usually buyers don't have to be in a hurry. An exception may be if you short sell something illiquid (brokers often won't let you do this, btw). In that case you could be a forced buyer and this could be very bad on an illiquid security. If there are only one or two sellers out there, they now have the negotiating leverage and they can ask whatever price they want. Illiquidity is very bad when mixed with margin or short sales because of the potential for forced trades at inopportune times. There are plenty of obscure penny stocks where there might be only one or two trades per day, or fewer. The spread is going to be high on these because the bids at a given time will just be lowball offers from buyers who aren't really all that interested, unless you want to give your stock away, in which case they'll take it. And the asks are going to be from sellers who want to get a decent price, but maybe there aren't really any buyers willing to pay, so the ask is just sitting there with no takers. The bids and asks may be limit orders that have been sitting open for 3 weeks and forgotten about. Contrast with a liquid asset. For example, a popular-model used car in good condition would be a lot more liquid than a rare piece of art, though not nearly as liquid as most stocks. You can probably find several people that want to buy it living nearby, and you're not going to have to drop the price to get a buyer to show up. You might even get those buyers in a bidding war. From illiquid penny stocks, there's a continuum all the way up to the most heavily-traded stocks such as those in the S&P500. With these at a given moment there will be thousands of buyers and sellers, so the spread is going to close down to nearly zero. If you think about it, just statistically, if there are thousands of bids and thousands of asks, then the closest bid-ask pair is going to be close together. That's a narrow spread. While if there are 3 bids and 2 asks on some illiquid penny stock, they might be dollars away from each other, and the number of shares desired might not match up. You can see how liquidity is good in some situations and not in others. An illiquid asset gives you more opportunity to get a good deal because there aren't a lot of other buyers and sellers around and there's some opportunity to ""negotiate"" within the wide spread. For some assets maybe you can literally negotiate by talking to the other party, though obviously not when trading stocks on an exchange. But an illiquid asset also means you might get a bad deal, especially if you need to sell quickly and the only buyers around are making lowball offers. So the time to buy illiquid assets is when you can take your time on both buying and selling, and will have no reason for a forced trade on a particular timeline. This usually means no debt is involved, since creditors (including your margin broker) can force you to trade. It also means you don't need to spend the money anytime soon, since if you suddenly needed the money you'd have a forced trade on your hands. If you have the time, then you put a price out there that's very good for you, and you wait for someone to show up and give you that price - this is how you get a good deal. One more note, another use of the term liquid is to refer to assets with low or zero volatility, such as money market funds. An asset with a lot of volatility around its intrinsic or true value is effectively illiquid even if there's high trade volume, in that any given point in time might not be a good time to sell, because the price isn't at the right level. Anyway, the general definition of a liquid investment is one that you'd be comfortable cashing out of at a moment's notice. In this sense, most stocks are not all that liquid, despite high trading volume. In different contexts people may use ""liquid"" in this sense or to mean a low bid-ask spread."


"Without all the details it's hard to tell what options you may have, but none of them are good.  When you cosign you are saying that, you believe the primary signer will make good on the loan, but that if he doesn't you will. You are 100% responsible for this debt. As such, there are some actions you can take. First, really try to stress to your friend, that they need to get you outta this loan. Urge them to re-finance with out you if they can. Next look for ""better"" ways of defaulting on the loan and take them. Depending on what the loan is for you could deed-in-lue or short sale. You may just have to admit default. If you work with the bank, and try not to drag out the process, you will likely end up in a better place down the line.  Also of importance is ownership. If you pay the loan, do you get ownership of the thing the loan was secured against? Usually not, but working with an attorney and the bank, maybe. For example, if it's a car, can the ""friend"" sign over the car to you, then you sell it, and reduce your debt.  Basically as a cosigner, you have some rights, but you have all the responsibilities. You need to talk to an attorney and possibly the bank, and see what your options are. At this point, if you think the friend is not that much of a friend anymore, it's time to make sure that any conversation you have with them is recorded in email, or on paper."


Some other factors to consider: If none of those factors are significant to you, then the other answers will do just nicely.


"Relative changes in rates are significant.  Why? Exchange rates encourage cross-border trade. For example, I live in an area that is now popular with Canadian tourists, mostly due to the favorable exchange rates. Changes in exchange rates between trading partners can affect trade balance as well. The US ""strong dollar"" policy made US exports expensive and imports cheaper, which encouraged more imports."


"I just wanted to give you a different perspective, as I own a house (purchased with a mortgage), with my girlfriend. I think it can be done safely and fairly, but you do need to involve legal help to do it right. There really is nothing to be terrified about, the extra cost to set this up was almost irrelevant in the bigger picture of legal costs around purchasing and the documents describing the ownership scheme are quite straightforward. Maybe it's a UK thing, but it seems rather commonplace here.  We've chosen to hold this as ""tenants in common"" and use a trust deed for this when we purchased. We had a solicitor write the trust deed and it clearly states what percentage of the house is owned by either party and exactly what the steps would be taken, should we decide to end the trust (e.g. in case of a split-up). This includes things like the right to buy out the other person before selling on the market etc.  We also had to make wills separately to indicate what should happen with our percentage of the property in case one of us died as with this type of ownership it doesn't automatically go to the other person.  Finally we're both on the mortgage, which I guess is the main difference versus your situation. But again, you could get legal advice as to how this should best be handled."


"Quick correction:   **Affected means impacted.**  **Effected means brought about.**  **You most likely meant affected.**  ^Hello, ^I ^am ^an ^automated ^bot ^who ^tries ^to ^address ^common ^grammar ^mistakes.  ^If ^you're ^annoyed, ^write ^back ^to ^this ^comment ^""PISS ^OFF"" ^and ^I ^will ^leave ^you ^to ^peace. [^Learn ^more](http://minefewerbot.com/)."


"Since this is a cooperative I'm guessing your partners may want to be able to view the books so another key point you may want to consider is collaboration.  QuickBooks desktop has all of these same issues because it is meant to be used on a single desktop. We're in an age of mobile devices, and especially in a business like landscaping it would be nice if certain aspects of record keeping could be done at the point and time where they are incurred.  I'd argue you want a Software as a Service (SaaS) accounting package as opposed to ""accounting software"" which might come on a CD in the form of QuickBooks, Sage and others. Additionally, most of these will also have guides to help make sure you are properly entering your records. Most of these SaaS products also have customer success teams to help you along should you need assistance. Depending on the level of your subscription you may get more sophisticated handling of taxes, customized invoices or integrated payroll. Your goal is to keep accurate records so you can better run your business and maintain obligations like filing taxes. You're not keeping the records just to have them. Keep them in a place where they will work for you and provide the insights and functionality that will help your business grow and become successful. Accounting software will always win in this scenario over a spreadsheet. FULL DISCLAIMER: I work for Kashoo, a simple cloud accounting product designed for small businesses. But the points I mention above are true for Xero, QuickBooks Online and Wave as well as Kashoo. And if you really want expertise to go with the actual software consider service providers with a platform like: Indinero, Bench, easyrecordbooks or Liberty Accounting."


In the rental application you are giving them express consent to check up on your credit and employment history for verification, you must be honest with them, if you have had no income for the last say 6 months then you have simply had no income. If you are worried about it, you can supply them with a longer history if it will help your situation, they may also call your employer to see that you will be returning to work or again receiving some sort of income. But also as stated, talk to the property manager, they can work both ways in either helping or not helping you.


No you don't. I just went through 6 months of your history, and you didn't make a single comment of the sort.   Edit: it makes me sad that I got downvoted for pointing out a lie, just because it has to do with apple.


So your plan is to wait for the whales to die of old age, with sea world caring for them the entire time, during which you will condemn sea world for doing this while acknowledging it's their only option at this point.   Ok.


nearly 30 percent of households headed by someone 55 or older have neither a pension nor any retirement savings. I don’t know what these people are going to do or what our country is able to do about it, but this is a black swan that’s staring us right in the face. Hundreds of thousands of Americans are going to run out of money.  Try millions. We are headed back to the days before the New Deal.


Gee. Wouldn't it be nice to have that Russian car market back again? And how about oil & gas field technology services (lucrative).  If only there was no regime-changing US State Department led by meddlesome neocon Victoria Nuland on too long a leash together with such bit part players as ^the ^former ^US ^Ambassador ^to ^Honduras, everything would have gone along swimmingly.   Farcical.


> WTF is 'non-government' savings?  The non-government consists of the private and foreign sectors. That is, everyone not the government.  Every year the government pays the non-government (ie: us) more than it taxes us, our savings increases. Every year it taxes us more than it pays us, our savings decrease.  > Its not a bad thing... unless interest rates rise.  The Fed sets the risk-free rate on USD, and there isn't much one can do with USD that's lower risk than loaning it to the US government.  It's for this reason that Japan doesn't run out of yen. The Japanese government's debt is just the huge pension funds accumulated by the risk-adverse aging population. Every year the Japanese private sector saves yen, the Japanese public sector is left dissaving it. It's not a problem though, as the Japanese government's no more going to run out of yen than the US government USD.


Voluntarily assuming a loan is a bad idea, especially for a non-investment purpose. It would be one thing to take on a loan to operate a business or buy a piece of capital equipment, like a machine that would make you money. Borrowing money to have a more luxurious house is foolish. The smart move is to buy a good quality home that will meet your needs for as little as possible. Having $800,000 leaves a quit a bit of leeway in that department. You don't say where you live, but if this occurred in my area (eastern Massachusetts) I would buy a house for $500,000 and then invest the remaining $300,000. If I lived in the California bay area, it might be necessary to spend the whole $800,000. Either way there should be no need to borrow money. Also, if you buy a house for cash, often you can get a substantially better deal than if you have to involve a bank. Not owing anyone money is a huge psychological advantage in business and in life in general. View being debt-free as a springboard to success and happiness.


You're saying that the best plan for America to remain relevant in the global economy is to *not* encourage education? Because it's too expensive?  I think that a better plan might be to notice all the other OECD Nations that are able to provide cheap or free education and try to copy that.


"The answer depend nearly 100% on how the offer and contingency read. When I have a client make an offer, the contingency includes an inspection, but the buyer would have no obligation to accept a counter offer. i.e. the offer can be withdrawn due to ""I didn't like the inspection report, and do not wish to negotiate any repairs."" In fact, the buyer need not disclose which fault was the cause. The buyer pays for the inspection and the report is his property.  On the other hand, I agree, if it's only radon, the venting fix is common, and you may be paying for many inspections only to find one house after another with this issue."


There is most likely an error in the WSJ's data.  Yahoo! Finance reports the P/E on the Russell 2000 to be 15 as of 8/31/11 and S&P 500 P/E to be 13 (about the same as WSJ). Good catch, though!  E-mail WSJ, perhaps they will be grateful.


In the US, paper checks are still the rule, and there is a large amount of the population that does not care to use online banking. As a result, those people need to go to the bank once a week or more often, to deposit checks they get from anywhere, to get cash, etc.; so all those little banks have traffic. This is slowly changing, and banks start to automatic the processes even in the brick-and-mortar location, but for now, they are around.


I don't see kids that are just post-college as feeling like they're entitled at all. If anything, I see just the opposite.  Everyone I see that's around 21-25 has some other shit going on besides their normal work.  I had a neighbor that sewed/sold bike accessories, I see guys fixing up old mopeds and they have office jobs.  A gal at the coffeeshop recycles some cast-off materials and makes designer wallets.  I see some really enterprising stuff from this generation.  I see these same people busting their asses for a corporation that doesn't pay them well because they don't have to (why waste a good recession?).  I just don't see it in my personal life.  It's easy to turn on MTV and make generalizations about idiots in high school (and we were all idiots in high school).  I find it appalling that there are so many of these bullshit stories about how there's just this big problem of nobody with the skills to do the work that's demanded.  These companies that would just love to hire more people - if there was only someone out there with the skills they need.  It's complete bullshit.  If they can't find anyone, it's because they're not offering the right economic incentive... there are millions of unemployed folks out there right now that can be trained.


As a parent I think you absolutely have to teach them that income is related to work because (for most people at least) it's a more fundamental principle than budgeting, investments, interest, etc. Once they've learned that the primary source of income is work, then you can start teaching them what to do with it, i.e. how to budget, economise, save, invest, etc.


I think the first step is to get an accountant whose advice you believe. Your accountant is far better placed to advise you on what sounds like a fairly complicated, fairly high stakes corporate arrangement than the internet.  I would go back to the accountant and get him to explain in writing what his specific advice is. If you still don't like it absolutely get a second opinion. You may also want to speak to a lawyer.


"Technically, no. According to the dictionary, a folio is a single sheet, and a portfolio is a folder or case for keeping your folios. In finance, your collection of investments is called your portfolio, probably because your broker (before the digital age) would keep the records of what each of his clients held in separate portfolios.  However, I have seen the word folio used as a short colloquialism for portfolio, and if you google ""investment folio"" you will see it used this way, mainly in trademarked names of financial firms."


1.  this is not the correct sub, try /r/Entrepreneurs or similar 2. Banks only care about 1 thing: collaterals with personal guarantee from the owners/shareholders of the business. Nothing else matters, don't waste your time with a business plan.  (Yes ELI: bank only give money to people who have money).


Welcome to Reddit, where everybody *knows* that they're smarter than their boss, and if they were in charge they'd get everything fixed up right quick!  Nobody ever considers, just for a second, that there might be a reason for the madness - or that executives might not *all* be drooling idiots concerned with nothing but office politics.


While the US hosts most of the world's innovative startups, its own financial and banking systems are very slow to change.  The infrastructure exists, however the ACH transfers are not wide-spread between individuals. Banks much prefer the option of bill-pay (i.e.: as you said, mailing a check, something in other countries people wouldn't even think of), than letting you do it yourself.  Why? Because they can. There's no real competition over consumers, and the consumers themselves are not educated or sophisticated. Thus, the banks are comfortable with the lack of innovation - since as long as they are all lacking innovation - consumers won't demand it because they won't even know things are possible. And it is definitely cheaper for the banks not to innovate and keep your money for a week while the bill-pay check is en route, than try and develop new things. In other countries, the regulator would step up and force banks to develop new infrastructure and widen the options, but in the US regulation is considered a bad thing, and people are easily swayed, being uneducated and uninformed, by the corporations to support politicians who act against their (people's) best interest in protecting the corporations and reducing and limiting the regulators even further.


When volatility is higher, the option is more likely to end up in-the-money. Moreover, when it ends up in-the-money, it is likely to be over the strike price by a greater amount. Consider a call option. With high volatility, moves in the stock price are big - both up moves and down moves. If the stock moves up by a lot, the call option holder will benefit greatly. On the other hand, when the stock moves down, below a certain point the option holder does not care how big a down move the stock has. His downside is limited. Hence, the value of the option is increased by high volatility. I know everyone who searches this is looking for this answer. Bump so people are able to get this concept instead of looking all over the web for it.


Part of the behavior is shaped by the environment, most isnt for something that people's been doing for millenniums. People even compare things that's boxed/bagged beautifully.           Not bearish on the news because this is long expected. But the brick-and-murder of grocers has been ongoing for a long time due to their deflationary environment and the action today is quite an knee jerk reaction.      Amazon taking over the world? Maybe, sure a lot higher chances compare to Tesla taking over the auto market.


Do you think that the scheme of kick backs in this system isn't a problem?  There was that story a while ago about a judge who was paid off to convict and sentence to a certain prison.  That's just the obvious one.  I suspect that there are many ways the system is being gamed beyond that one too.  Prison does need to have a path for reform or you create career criminals.


Well if your looking to explain inflation to children, I would use this example. Take two fruits they like IE: Apples and Oranges. Give them both 2 of each. Ask them how many of your apples would you give for 1 orange and how many apples would you want to get 1 orange(most likely they will say 1). Now give them 5 more apples each. Then ask them the same question. In economics and finance many things can not be proven, so to tell you what QE will do for a fact can't be said, you can only be told theories. There are to many variables.


Inflation is not applicable in the said example. You are better off paying 300 every month as the balance when invested will return you income.


well it 2008 was six years ago, over time we would expect some price inflation. however it's only really a good thing for people who already own houses (it increases their net worth on paper) and people who want to sell, and move to a cheaper area.  If you aren't selling, it doesn't help you much.   If you're a young person trying to get into the housing market, it's obviously bad. A housing market where young people can't afford to get in is unhealthy. If you already own, and you want to move up and buy a bigger house, that's hard if no one is willing to buy your existing house.  I don't know why the govt is helping create a new bubble. But, if the underlying issues that caused the last crash are not fixed, well... the bigger the bubble, the bigger the pop.


You can trade VXX, but VIX is only an index.   http://www.marketwatch.com/investing/stock/VXX?CountryCode=US


So many points wrong with this article. I'll stick to pointing out the ridiculousness of just one. Police, fire, and military are all just as finite of resources as doctors. You know how you create more of all of those resources? Hire and train more people. Gasp!


The transaction will be taxable in India. You will have to pay Capital Gains tax. I am assuming that you purchased the house while you were Indian Resident for tax purposes. As such its needs more paper work to get the money back to US. Consult a CA in India who will help with the paperwork. You haven't mentioned your tax status in US, one you update it, someone will post a US tax aspects of the transaction.


First of all, congratulations on paying off $40k in debt in one year. Mathematically, you'd be better off making the standard car loan payments and putting your extra money toward the student loan. However, there are a few other things that you might want to consider. Over the last year, you've knocked out a whole bunch of different debts.  Feels pretty good, doesn't it?  At your current rate, you could knock out your new car loan in 6 months.  Then you'd only have one debt left.  If it sounds to you like it would be nice to only have one debt left, then it might be worth the mathematical disadvantage you would get by paying off the car early instead of putting the money toward the last student loan. The car loan is 0%, but if you are late on a single payment, they will take that opportunity to raise your interest rate to something probably higher than the interest rate of your student loan.  For this reason, you may decide it is not worth the hassle, and you'd rather just eliminate the car loan as quickly as possible. Either choice is fine, in my opinion, as long as you have a purpose behind the choice and you are committed to eliminating both debts as quickly as possible. As an aside, it is important to remember that even a 0% loan is not really free money, and needs to be paid back.  You know this, of course, but sometimes you see a 0% loan advertized and it feels like free money.  It's not.  You have probably already paid for the loan by forfeiting a rebate.  So although, at this point having already taken this loan and paying for it, you will come out ahead by dragging out your car loan for the full term, in the future do not think that you can make money by buying something at 0% interest.


The long-run goal is to eliminate poverty through wealth creation. If that makes for some weird new social interactions, I'd say that's a reasonable cost.  I mention comparing to earlier periods simply as a measure of progress to determine whether or not there is a problem that needs correction, such as a specific group in society experiencing real wage stagnation, or truly anemic growth rates relative to earlier periods. It's the slope of the trend line for each group that I'd be worried about, where linear or exponential is good, and logarithmic should indicate a potential crisis.  Ultimately, I believe that it's not a persons absolute circumstances that matter, but the rate at which those circumstances are improving throughout their lives that most strongly affects their subjective well-being (but that's just my theory).  As for real estate costs, you're absolutely correct that this is a problem, but it's as easily explainable problem. Supply is artificially constrained in most of the US due to the need for explicit government permission (in the form of building permits and zoning laws) in order to build new units. Basic economics says that when supply is artificially restricted, prices will rise.  In areas where government is restrictive, such as San Francisco, prices rise sharply. In places where government is more permissive, like Houston, prices remain much more reasonable.


"If you participate in an IPO, you specify how many shares you're willing to buy and the maximum price you're willing to pay. All the investors who are actually sold the shares get them at the same price, and the entity managing the IPO will generally try to sell the shares for the highest price they can get. Whether or not you actually get the shares is a function of how many your broker gets and how your broker distributes them - which can be completely arbitrary if your broker feels like it. The price that the market is willing to pay afterward is usually a little higher. To a certain extent, this is by design: a good deal for the shares is an incentive for the big (million/billion-dollar) financiers who will take on a good bit of risk buying very large positions in the company (which they can't flip at the higher price, because they'd flood the market with their shares and send the price down).  If the stock soars 100% and sticks around that level, though, the underwriting bank isn't doing its job very well: Investors were willing to give the company a lot more money. It's not ""stealing"", but it's definitely giving the original owners of the company a raw deal. (Just to be clear: it's the existing company's owners who suffer, not any third party.) Of course, LinkedIn was estimated to IPO at $30 before they hiked it to $45, and plenty of people were skeptical about it pricing so high even then, so it's not like they didn't try. And there's a variety of analysis out there about why it soared so much on the first day - fewer shares offered, wild speculative bubbles, no one could get a hold of it to short-sell, et cetera. They probably could have IPO'd for more, but it's unlikely there was, say, $120/share financing available: just because one sucker will pay the price doesn't mean you can move all 7.84 million IPO shares for it."


> free the orcas, they'll look like heroes, and everyone will flock to SeaWorld because they're good guys now. They listened and changed. People love those stories.  This is no percent what would happen at all. People go just to see Shamu flop around.


The answer today is the Fidelity Rewards Amex.  This card pays the highest cash back (2%) on ALL purchases. The answer gets more complicated if you like miles, or you want to use one card for groceries and gas and another for restaurants, etc.  But the Fidelity Amex gives you 2% on everything you purchase, automatically deposited into your Fidelity account as cash (no coupons to rip off, or checks to deposit).


Equal weighted indexes are not theoretically meant to be less volatile or less risky; they're just a different way to weigh stocks in an index. If you had a problem that hurt small caps more than large caps, an equal weighted index will be hurt more than a market-cap weighted one.  On the other hand, if you consider that second rung companies have come up to replace the top layer, it makes sense to weigh them on par.  History changes on a per-country basis - in India, for instance, the market's so small at the lower-cap end that big money chases only the large caps, which go up more in a liquidity driven move. But in a more secular period (like the last 18 months) we see that smaller caps have outperformed.


I think it really depends on how much you take out of your Nationwide account each month. At a certain point, it will become cheaper just to transfer your monthly rent + living allowance via an international bank transfer or using one of the currency transfer services like xe.com or Hifx. You will have to pay fees either way and/or you'll end up with a forex spread. If you have got enough money in your UK account to cover several months' worth of expenses in Germany, I would be tempted to make one big transfer every few months instead of a a monthly one; anything more than once a month is probably going to be too costly either way. It might also be worth comparing the transfer fees charged by the various banks, when I lived in the UK and had to regularly send money to Germany I found there was a massive difference between different banks for essentially the same service.


This is actually a HUGE source of profits for whole foods. The battered fruit and veggies you don't want  or the rotisserie chicken that's been on the warmer 30 minutes longer than you like? Goes right into their prepared foods and cut fruit sections and marked way the fuck up.


You should watch Margin Call and follow Demi Moore's lead.  Do you figure out what derivatives to buy or just calculate how much exposure the firm has and tell someone else?   Can you potentially go to jail because of your job or is losing your job the worst that can happen?


So upper marginal tax rates are at historic lows while the dying remnants of the New Deal are being strangled by both parties ... yet America's devotion to Keynsianism is the problem? You should investigate the Dunning Kruger effect and then look into a mirror.


If someone had such a great idea that could convince a bank to give them money with no capital, no experience, and no assets then they wouldn't give it away on a public forum.   If you're talking about starting small... you're talking about getting a job, whether formal or gig-based.


Plus, there's the feeling my parents want me to have a house in case   we can't save the one we (my mom and brothers) all live in. First, you should not be forced to buy a home because your parents are telling you to. You should have your own life. Period. That said, while you are doing well from a salary perspective, your savings are somewhat borderline for a purchase if you ask me. Meaning your savings would essentially be the full downpayment & then your whole paycheck basically becomes payments on the mortgage. Not a good situation to be in. My advice would be that if you can invest in something smaller—like a small apartment for yourself—that is what you should purchase.  That would allow you to invest in something but not be completely financially drained by the prospect. And then in a few years, you can sell that apartment & move onto something else.  Perhaps a house at that stage? But right now, a full home purchase would be a fairly massive risk.


In the UK at least, we have Credit Unions. Credit Unions are not-for-profit organisations that don't pay interest on your balance, but instead give you a share of their profits at the end of the year (or at least my local branch do). This normally equates to around 1% of my balance.


https://twitter.com/webster/status/906346071210778625  Important to know that people just discovered the pin number to thaw your credit (after you initialize a credit freeze) on Equifax is just the timestamp on when you request it. This is bad news because if someone is aware of a time frame, they may be able to brute force this if they don't have proper protection (which, let's be honest, at this point let's just assume they don't). This is lazy coding at it's finest.  Quite a few today have confirmed this.


The direct debit is an authority to withdraw money from your account. Depending on how it was set up it may limit how much may be withdrawn, how often and for how long. I haven't seen a direct debit agreement that limits the total that may be withdrawn, but they may exist. A reputable creditor will stop taking your money when they're supposed to, which would be when the loan is paid off.


As Zach mentioned in a comment, you can be sent to jail for contempt in a civil case. So assume that a court orders you to pay amount x in alimony. You are unable to pay, for example because you lost your job and the amount was assessed based on previous earnings. The judge disagrees with you and thinks you can pay. He can just sent you to jail for contempt of court till you comply with the court order to pay. The court does not need to prove that you are guilty of anything, they gave you a lawful order and you are not complying. The decision is up to the judge. As this is not a criminal trial (IANAL, I don't know the technical term), you are not sentenced to a fixed term and then go free, but the judge can sent you right back. Also, in a civil trial there is no presumption of innocence, nor do you have the right to a public defender, so it is more or less completely up to the judge to decide to sent you to jail for any amount of time, see for example: http://www.wsj.com/articles/SB123137263059962659 Here is one men who spent 14 (fourteen) years in jail for contempt, without ever being ever charged with any crime. The court ordered him to pay 2.5 millions to his wife, he said he lost the money. https://en.wikipedia.org/wiki/H._Beatty_Chadwick Ending up in jail for underpaid alimony is fairly common and does not need to be malicious. All you need is to loose your job, not enough money to pay for a lawyer and a judge who thinks you can pay. Also, the state will charge horrendous interest rates and fee on underpaid alimony, even during your stay in jail, see for example here: www.mrcustodycoach.com/blog/illegal-child-support-debtors-prisons So in the U.S. you can find yourself exactly in the same situation as someone in the Emirates. There is/was a lawsuit against Georgia for human rights violations because of this, I don't know the current status.


For the CPI, there is actually federal employees whose job it is to visit various stores to collect the prices of specific items (boy's size-14 collared shirt made of 97 percent cotton).  Planet Money did a great podcast on this, actually following one of these people for a day.


My first job was in a technology/IT role on the trading floor which was an accident.  It didn't require any knowledge of finance/stock markets.  I didn't even look for that job specifically.  Before that I was at a small tech company.  So I guess you could say it was luck initially.


Many states require that USE tax be paid on items purchased out of state and the subsequently brought to your home state. The vendor has the responsibility to collect based upon the shipping destination. It is the buyers responsibility to declare and pay taxes on purchases where the vendor is not required to collect them for your state(like when you purchase it out of state). So if you have an item shipped out of state to avoid sales tax and then bring it to your home state then you are required to pay sales tax in your home state as well.  Some states (Florida for 1) allow for the reduction in sales tax owed by the amount paid in out of state sales taxes.  Some states (Like CT) exempt purchases under a certain amount. Federation of Tax Administrators website has links to state revenue services where you can check the tax requirements for your (and other) states.    Other State Links


In the United States, post-dating a check, on its own, has no valid use. It can be cashed at any time at the discretion of the bank. You would need to send a notice of postdating to your bank describing the check. This doesn't prevent the recipient of cashing the check, but it does prevent your bank from charging your account until the date you specify NOTE: This may be considered a form of stop payment, and you may be subject to the fees noted by your institution.  Source: [Uniform Commercial Code - Article 4A § 4-401] (c) A bank may charge against the account of a customer a check that is otherwise properly payable from the account, even though payment was made before the date of the check, unless the customer has given notice to the bank of the postdating describing the check with reasonable certainty. [...] If a bank charges against the account of a customer a check before the date stated in the notice of postdating, the bank is liable for damages for the loss resulting from its act. The loss may include damages for dishonor of subsequent items under Section 4-402.


As it is a cheque I don't think you can deposit online. It seems that most the banks here charge a flat fee. Bank of Queensland charges $45 plus whatever the FX rate and fees are at the time. I think most of the banks have a clearance period of up to 28 days from when you deposit the cheque to when the funds clear and you could use them. If you want a cheaper and quicker option maybe try to have the USD funds sent electronically to the Australian bank account you choose.


We are an online seller of STUDDS HELMETS where online chooses stylish Studds Helmets in a comfortable price in Jaipur.  Make your two wheeler rides stylish and at the same time safer with stylish Studds helmet. Studds is a renowned brand of helmets and other two wheeler accessories like eye glasses and luggage carriers. The quality of their products have gained them popularity and a steady clientele. Whether you're planning to hit the road, trail or track on a motorcycle, ATV or snowmobile, one of the most important pieces of gear you can get is a good helmet.


* Absolutely agree with /u/IsAnAlpaca  * You /must/ not agree to this without seeing his balance sheet. * That means assets and liabilities, but also ask for the last 12 months' cash flow * Inability or unwillingness to provide any of those things is a HUGE no-go red flag.


An interesting look that ties in quite a few of my interests on the commonality of being data-driven gambling. You know it's funny because watching MoneyBall, my first reaction is that Peter Brand's (after Jonah Hill) data analysis was something many are already doing in fantasy.  But fantasy sports is a hobby for most of us :P  Though in bigger money leagues, this could be debatable haha.  *As a side note, I'm particularly surprised that the NBA betting profits outpaced NFL profits in 2011 (48.8M vs. 44.2M), but I'm curious to see if that trend holds through the 2012 season.


Property taxes cover more items than have already been mentioned.  As an example, my property tax bill lists the following items: county general purpose, community college, police, police, headquarters, fire prevention, environmental bonds, sewage, town general purpose, highway department, building & zoning, town lighting, park district, garbage disposal, water district,  library district, and of course, schools which are now about 60% of the total. In my area, a $500K home could easily have over $10K in total property taxes. Many of these services are for things that you need or might even want such as parks and libraries.  In any case, they must be funded and property taxes are the most prevalent way of doing that.  I was once told that you never actually own property because if you don't pay the property taxes, they will take the property away.  By the way, property taxes are not the only expenses that you may have overlooked.  You need to have insurance on your house to cover fire, theft, storm damage, and injuries to persons visiting you.  In some areas, flood insurance may also be required.  You should also budget for repairs and maintenance.  Eventually you will need to replace major items like roofs, appliances and heating/cooling equipment. Don't underestimate the cost of maintaining a lawn if you have one. Basically owning a home is an expensive undertaking and you should have a good understanding of all the expenses involved or you will find yourself in financial trouble.


Okay- I follow that.    When we look a shorting a name -  what makes that an equity transaction rather than a debt one? I guess how does that differ from investing in a bond?    I recognize the simplicity of this question.    Thanks.


Well who doesn't want their website content or video or their brand to go as viral as PSY's Gangnam style? If you have similar intentions, and viral marketing strategists are whom you are looking for, look no further as Key Difference will take care of your viral marketing campaign. Better visibility, more traffic, effective online presence and more, name it and you'll get it.


Paying interest on a loan costs you money. The tax deduction just reduces that cost, but it's still there. So the only possible reason to borrow more than you have to, e.g. with the interest-only loan, is that you can invest the excess elsewhere and make more money. Can you invest money and make more than 4.5% expected return before tax with a risk level you're comfortable with? If you can invest tax free then the hurdle is (4.5%-the tax deduction instead), e.g. 3.6% if your marginal tax rate is 20%.  One possible such investment would be paying down any mortgage on your own home - as you don't get a tax deduction for such a mortgage, overpayments are effectively tax free so 3.6% or whatever is the appropriate hurdle. If you can't do that, then even switching to a principal and interest mortgage at 4.5% would be worthwhile; the principal payments would effectively be an investment in reducing your future interest bill, and that investment is better than anything else you have available. Given that what you actually have on offer is a mortgage with a lower rate of interest, the hurdle for an alternative investment is quite a bit higher than 4.5%; with the interest-only mortgage, you can invest some of the money that would otherwise go to principal elsewhere, but in exchange you are paying a higher interest rate on the rest of your loan balance. You'd need to look at the exact numbers to work out the right hurdle, which would vary depending on your marginal tax rate, the term of the mortgage, and your guess as to where interest rates would go after the 2 year fixed term.


Walmart is still an awful place to buy groceries, and is rated as such in just about every national survey. The prices aren't that great, the shelves are a mess, and items are poorly restocked based on my observations at several stores. I can spend about the same amount of money buying groceries at Wegmans vs. Walmart (although I do most of my shopping at Aldi, which has also switched to so-called 'Angus' bef. I honestly don't notice a difference, just more marketing buzzwords).


If you plan on retiring now you probably can, as Jay mentioned there is a provision in the law for early retirement, as long as you take annual distributions.


Oanda.com is a very respectable broker. They don't offer ridiculous leverage options of 200 to 1 that prove the downfall of people starting out in Forex. When I used them a few years back, they had good customer service and some nice charting tools.


Maybe not, but I think the point ElBrad was making is that you chart a pretty tight relation to price hikes by barrel and price increases at the pump over time.   Price drops by barrel aren't usually followed by a drop at the pump though, as it takes a while for competition to drive that down.   So while it's good news that oil prices are dropping per barrel (for non gasoline uses), it's fair to be totally cynical about the prospect of a cheaper prices at the pump when you hear news like this.  Watching that per barrel rate drop and knowing this means a nice cushy profit trough for Exxon always comes with a slight taste of distain.


When that happens the least desired things get cut off first.  This condition signals to the market that we are correcting very badly missallocated sources which in turn is a good thing because we are allowing the bubbles to burst.  These burstings will bring prices back down to acceptable levels so that the economy starts moving again.  What you instead are suggesting is to not allow, for example, home prices to come back down to affordable levels and just keep the bubbles inflated.


Bingo. Measuring income is an ignorant approach. Buying power is the only thing that is important.   If the $14/hr minimum wage nonsense ever actually happened, all the reports would be on how awesome it is that some small percentage of people are making more money. What won't be reported right away is how all people (include those minimum wage workers) have significantly less buying power thanks to the significant inflation created by $14 minimum wage.


If the person gifting the property owed any debt to Canada Revenue Agency on the date of gift, you may getting a nice letter from Canada Revenue Agency advising you to settle the donor's tax liability with the property gifted.


Me and mom just stopped in an Applebees on a road trip through small towns and it was so terrible. It was freezing and really dingy inside, and the turkey sandwich I had was so bad I think mcdonalds or arbys would have tasted better.


Yeah, but your professional programs are insanely expensive. I'm in pharmacy school paying 26k at a private school. UCSF costs 35k for an in-state resident and 45k for out of state. The supplemental cost for a professional degree is 18k and then 12.25k more for being out of state.  There's a reason we have quite a few Korean kids who chose to go to my school rather than pay an extreme amount of money more to go to UCLA or UCSF or whatever.


"Free Speech isn't a myth, but ""Diversity"" is.  I'm constantly bombarded with self-righteous and imprudent missives about the importance of Diversity, but they mostly just repeat words meant to make us feel better about ourselves.  We've corrupted a well-meaning goal into a vulgar set of data points about employee demographics, all while conveniently ignoring the plain fact that you have to first collect that demographic data on your employees in order to accomplish our goals.   I prefer the concept of ""inclusion,"" meaning we need to create workplaces that welcome great talent, free of non-business related impediments.  Already, though, there are signs that few people actually think this through, and it's only a matter of time until it becomes another meaningless set of metrics that upper management can feel good about.   /end of rant   (Disclaimer: this was not directed at any organization in particular, especially not a data-collecting giant like Google.)"


I had $70K in credit card at one point.  Limited income, starting a business - it's the only credit available. (yes, all paid off now).


Southern Ontario. Cheaper operating costs we have a ton of professionals at some of the best schools in north America plus our governments policy's align pretty well with the tech industry's.  Just like the film industry there is a lot of benefit to operating in Canada especially with the current climate in America.


"Because they don't leverage using credit but by shorting stocks. eg they short $400 of microsoft, and use the proceed to buy $400 of Apple. That's a 4x ""leverage"". It's one of the main characteristics of hedge fund vs traditional fund, they can short while your vanilla long only mutual fund cannot.  And they limit capital from outside investors due to decreasing marginal return and liquidity consideration."


Well I doubt that it has no effect. It will happen regardless, but it will be slower. If the minimum wage was much higher, big companies would invest more in R&D for automation. Automation companies will also have more customers and therefor will make more revenue and produce more units/projects and the price of automation will go down more and more, causing more companies to join in and not hire 15$/hour people who work less efficient than 2000$ robots on 10$/month.


Short the Pound and other English financial items.  Because the English economy is tied to the EU, it will be hit as well.  You might prefer this over Euro denominated investments, since it's not exactly clear who your counterpart is if the Euro really crashes hard.  Meaning suppose you have a short position Euro's versus dollars, but the clearing house is taken down by the crash.


id like to start by saying youre still doing this yourself, and i dont actually have all the info required anyway, dont send it but  >[3] Descriptive Statistical Measures: Provide a thorough discussion of the meaning and interpretation of the four descriptive >statistical measures required in your analysis: (1) Arithmetic Mean, (2) Variance, (3) Standard Deviation and (4) Coefficient of >Variation. For example, how are these measures related to each other? In order to develop this discussion, you may want to >consult chapters 2 and 3 of your textbook. This topic is an important part of your report. can be easily interpreted, im guessing the mean is simply just the observed (and then projected stock price for future models) the standard deviation determines the interval in which the stock price fluctuates. so you have like a curve, and then on this curve theirs a bunch of normal distributions modeling the variance of the price plotted against the month  also the coefficient of variation is just r^2 so just read up on that and relate it to the meaning of it to the numbers you have  actually my stats are pretty rusty so make sure you really check into these things  but otherwise the formulas for part 4 is simple too. you can compare means of a certain month using certain equations, but there are different ones for certain situations  you can test for significance by comparing the differences of the means and if its outside of your alpha level then it probably means your company is significantly different from the SP index. (take mu of SP - mu of callaway)  you can also find more info on interpreting the two different coefficients your given if you look up comparing means of linear regression models or something


> A well functioning legal system is consistent with capitalism.  The only well functioning legal system consistent with capitalism is the one bought and paid for by corporations that lobby for laws favorable to themselves, and for the abolishment of regulations that protect workers and consumers and safeguard our economy.


A company CAN hold on to money.  This is called retained earnings.  Not all money is due back to the owners (i.e. stockholders), but only the amount that the board of directors chooses to pay back in the form of dividends.  There is a lot more detail around this, but this is the simple answer to your question.


So, you think forcing people to buy their auto insurance doesn't provide any money?  It sounds like the customer didn't even know they were paying for it. Or, are you saying that this minor scam is nothing in the grand scheme of things, and that we should expect their scams to pay out at least a few billion?


In addition, since you asked for Montreal, you can get the quotes directly. http://www.m-x.ca/nego_cotes_en.php


Spend them at the gas pump.  Just run the pump until it stops, then repeat with next card.  That's always worked for me


Does this include strip malls and big boxes, or just the least profitable of indoor shopping malls? They spent 50 years or so building up to 150 a year, so the idea they could both fill these spaces and have enough shoppers to justify them is silly. And the Millennials aren't interested in mall shopping as much as previous generations were.