This has never really adequately explained it for me, and I've tried reading up on it all over the place. For a long time I thought that in a trade, the market maker pockets the spread *for that trade*, but that's not the case.  The only sensible explanation I've found (which I'm not going to give in full...) is that the market maker will provide liquidity by buying and selling trades they have no actual view on (short or long), and if the spread is higher, that contributes directly to the amount they make over time when they open and close positions they've made.  It would be great to see a single definitive example somewhere that shows how a market maker makes money.


I agree, the markets that Amazon competes in his extremely competitive with larger companies (such as Wal Mart) operating at smaller margins to increase volume. Since Amazon is continuously trying to increase its customer base and customer loyalty, they really need the low margins. The 1% increase could be harmful to the long-term growth of the company, which as the executives of Amazon explain, really matters more than higher profits this quarter.  Furthermore, 5% decrease in SGA sounds like a company that's downsizing, particularly a company that operates as efficiently as Amazon, making that suggestion unreasonable and unrealistic.


For case 1, there is no tax due as you sold the book for less than your cost basis. If you had sold for more than $100, then you would have had a profit. For case 2, that depends on the value of the gift card with respect to the value of your fare. Most likely that gift card is less than the cost of the fare. And in that case it would generally be treated as a reduction in the purchase price. The same way that rebates and cash back on credit card are treated. Note if for some reason a 1099 was generated that would change the situation and you would need to consult a tax professional. Since that would indicate that the other party to the transaction had a different view of the situation.


I didn't expect them to say anything in particular... I was too busy reading up on Softbank's history, strategy, spectrum holdings, devices, and partner list.  Saying the same thing twice is actually works if it is a fact.


Level 2 morning paper was tough, and a few tricky moments in the afternoon, but overall they were fair, no complete blindsiders.  I battled with derivatives (apart from 2 gimmes in each paper), but I expected as much, so not too worried about that.


No.  You will already have paid taxes on the gift you give to your wife, so there will be no tax savings.


"I've been listening to Dave Ramsey a lot lately, and he encourages (encourage might be too light of a word for him) this priority list for budgeting: I would strongly advise you to tackle this list before you start to think about any sizable ""fun"" spending.  If you don't have #1, set that aside first. The options you mentioned: New roof: You should ask yourself ""what is the potential cost of not getting a new roof?"" If you can save up for it a little at a time, while putting most of the rest of your money to paying off debt, that's what I would do.  Unless, of course, there is damage or risk of damage to your house by not doing it now. Then, you need to do the same measurement (of doing the roof now) against the goal of saving three to six months of expenses.  Especially in your case, with your mortgage underwater, you want to be sure you are prepared should anything happen (for example, losing a job, and potentially being forced to move for a new job). Cars/student loan: (Refer to #3 above — in other words, yes)."


Conversion of after-tax 401K into a Roth is known (on Bogleheads for instance) as a Mega Backdoor Roth IRA.  Recent tax rulings seem to allow for this kind of transfer more cleanly. After conversions, the money is treated as a normal Roth - you don't pay any taxes or penalties on contributions.  For investment earnings, the Roth IRA has the standard five-year rule: most commonly - you must hold the account for five years and be 59.5  years old (there are other criteria). Otherwise, you may pay taxes plus a 10% penalty on the earnings portion of your distribution.  There are other reasons you can withdraw early - spelled out in IRS Publication 590B Figure 2-1.


The short answer, probably not much.  Unless you have a controlling interest in the company.  If at least 50%+1 of the shareholder votes are in favor of the dilution then it can be done.  There are some SEC rules that should protect against corporate looting and theft like what the Severin side is trying to make it appear as happened. However it would appear that Severin did something stupid.  He signed away all of his voting right to someone who would use them to make his rights basically worthless.  Had he kept his head in the game he could probably have saved himself.  But he didn't. If your average startup started issuing lots of stock and devaluing existing shares significantly then I would expect it would be harder to find investors willing to watch as their investment dwindled.  But if you are issuing a limited amount stock to get leverage to grow bigger then it is worth it.  In the .com bubble there were quite a few companies that just issued stock to buy other companies.  Eventually most of these companies got delisted because they diluted them selves to much when they were overvalued. Any company not just a startup can dilute its shares.  Many if not most major companies issue stock to raise capital.  This capital is then generally used to build the business further and increase the value of all shares.  Most of the time this dilution is very minor (<.1%) and has little if any impact on the stock.  There are rules that have to be followed as listed companies are regulated by the SEC.  There are less regulations with private corporations.  It looks like the dilution was combined with the buyout of the Florida company which probably contributed to the legality of the dilution.     With options they are generally issued at a set price.  This may be higher or lower than the reported sell price of the stock when the option is issued.  The idea is over time the stock will increase in value so that those people who hold on to their options can buy the stock for the price listed on the option.  I worked at an ISP start up in the 90's that made it pretty well.  I left before the options were issued but I had friends still there that were issued an option at $16 a share the value of the stock at the time of the issue of the option was about 12.  Well the company diluted the shares and used them to acquire more ISP's unfortunately this was about the time that DSL And cable internet took off so the dial up market tanked.  The value eventually fell to .10 they did a reverse split and when they did the called in all options.  The options did not have a positive cash value at any time.  Had RMI ever made it big then the options could have been worth millions.  There are some people from MS and Yahoo that were in early that made millions off of their options.  This became a popular way for startups to attract great talent paying peanuts.  They invested their time in the business hoping to strike gold.  A lot of IT people got burned so this is less popular among top talent as the primary compensation anymore.


I disagree. Bankers are scum who should be redeployed to areas of the economy where they can't do any more damage. I accept the downvotes for this horribly unpopular opinion. They are part of a machine that harmed a lot of people. I could care less about their value as a worker.


Never used Lyft.  Only ever had great experiences with Uber.  Almost every driver I get now for Uber has a Lyft sticker as well as Uber.  If I'm honest, I have to say that Uber's 'scandals' have zero effect on my using the app.


"The idea that individuals control the housing prices through supply and demand is HILARIOUS! That's like saying prisoners control the quality of their food.  Somehow blaming banks and real estate agents is going to hurt you and make you a victim? That's not fear mongering at all, clearly everything was so very plainly laid out for every buyer in the entire US that all they had to do was sign a single piece of paper that was written in plain English and of course they were never told anything like ""just a formality"" or ""just paperwork"" and ALL of them were smart enough to read through the work anyway and of course the bank associates were nice enough to reject a loan if they thought the people didn't understand the terms properly and....(etc. etc. etc.)  TL;DR Good job shifting the blame, surely your well reasoned arguments with summarized backings will get people on your side!"


Greetings from kukreja Group Hotels,   We welcome you to our hotels at DELHI, GURGAON, JAIPUR, AGRA, KANPUR, LUCKNOW, HARIDWAR, PUNE and HYDERABAD, upscale hotels that are setting new standards in the hospitality industry in budget accommodation in India. Our full host of amenities welcomes both business and leisure travelers with warm graciousness.


It's not a full credit course but part time comic James Cunningham has speaking tour that promotes personal finance in high schools.


I'm so curious how you think this stuff works.   > whenever you open the uber app that it has your location. You think that just happens magically?  Why don't you go ahead and tell me how you think that gets there, when it starts, and how that entire process is scoped.


Depends on the countries and their rules about moving money across the border,  but in this case that appears entirely reasonable. Of course it would be a gamble unless you can predict the future values of currency better than most folks; there is no guarantee that the exchange rate will move in any particular direction. I have no idea whether any tax is due on profit from currency arbitrage.


Greg Lindberg CEO Wondering whether it is time to start your own business? If so, it’s a sign that it may be the time to pursue that dream, says Greg Lindberg, successful businessman and CEO. If you have an idea or a desire to be your own boss, Greg Lindberg provides five signs that shouldn’t be ignored:


How about this.  Make it mandatory that anyone can ask to use any portion of any invention at a market reasonable price.  In the event that someone believes the price is not market reasonable, then one company can file suit against the other company.  The person filing person will pay for the court case.  This of course would take into account what is reasonable for court costs, etc.  Bam, then we have an end to what really sucks about patents, the inability for others to use that in the future.


While the S&P500 is not a total return index, there is an official total return S&P500 that includes reinvested dividends and which is typically used for benchmarking.  For a long time it was not available for free, but it can currently be found on yahoo finance using the ticker ^SP500TR.


The best way to do this is to pay for the entire car, including gas, insurance, and repairs, from S-corp funds, then meticulously track how many miles are used for personal and how many miles for business. If you pay with S-corp funds, you will claim the personal miles as a taxable benefit from the S-corp on your personal return. The S-corp can then claim all the expenses and depreciation on the vehicle, reducing the S-corp's tax liability.


I totally see your point about not seeing into the future, infrastructure has to take into account so many variables it's often very difficult to plan these things I can see why a major project might take months on end, if not years. I'm okay with (private or public) companies doing the bare minimum and saving a few dollars here and there. That being said obviously all companies should should fall under the same rules or laws, if companies can take huge short cuts that end up harming people there is something really wrong with the regulations and the company is clearly at fault.   I think you have the right idea, I don't see why the government couldn't force private companies to abide by infrastructure plans similar to the ones public companies use or come up with ? do public companies take longer because there is more oversight?


"Two points:    One, yes -- the price of gold has been going up. [gold ETF chart here](http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1349467200000&chddm=495788&chls=IntervalBasedLine&q=NYSEARCA:IAU&ntsp=0&ei=PQhvUMjiAZGQ0QG5pQE)  Two, the US has confiscated gold in the past.  They did it in the 1930s.    Owning antique gold coins is stupid because you're paying for gold + the supply / demand imbalance forced upon that particular coin by the coin collector market.  If you want to have exposure to gold in your portfolio, the cheapest way is through an ETF.  If you want to own physical gold because a) it's shiny or b) you fear impending economic collapse -- you're probably better off with bullion from a reputable dealer.  You can buy it in grams or ounces -- you can also buy it in coins.  Physical gold will generally cost you a little more than the spot price (think 5% - 10%? -- not really sure) but it can vary wildly.  You might even be able to buy it for under the spot price if you find somebody that isn't very bright willing to sell.  Buyer beware though -- there are lots of shady folks in the ""we buy gold"" market."


Cash changes hands when you buy or sell the stock. While you own the stock, you own it, not cash, so there is no cash to go anywhere. You spent your money when you bought. The seller got that money. It's gone. You hope that when you sell the stock, someone will give you more money for it than you spent. But they may give you less. Money doesn't magically appear either way, it comes from the buyer. After selling, you have the money -- however much you sold for -- and no longer have the stock. NOTE that this means the current value of a share of stock is interesting, but not really very relevant, unless you are actively buying or selling. What your portfolio is worth on paper is nothing more than an approximate snapshot at the moment you retrieve the data. It is not a promise of what will actually happen when you do sell.


The basic cop + nurse will make $300K a year in just about any big city.    The cost of housing and insurance is so high, it is BARELY middle class wages.   edit: Looks like large west coast police departments.   Anything east of the rockies pays 1/2 has much....wow.


">But Facebook, which claims more than 900 million members, had 158 million unique visitors to its site in April, according to researcher ComScore, up just 5% from a year ago. That compares with year-over-year growth rates of 89% in April 2010.  So, about 1 in 6 users (~16%) visited facebook during a particular (recent) month.  The other 5 of 6 (~83%) of users didn't visit during that month...  Hmmm...  Sounds like a lot of relatively dead/fairly inactive accounts/users to me\*.  And the thing is that -- different than other social sites like LinkedIn (which is in a lot of ways an ""online resume"" & business contact database) -- facebook pretty much NEEDS continuous and regular use (that's the premise that their whole model, especially advertising-wise, is built on, if FB reverts to people simply using it to maintain a once or twice a year ""update"" on movements of friends {i.e. it becomes the equivalent of a Xmas card list storage site} then it's potential ""value"" diminishes rather dramatically).  >Also, the social network is testing ways to allow those under 13, currently prohibited, to participate with parental supervision.  Which seems (from a cynical perspective anyway) to be a sign that they are potentially getting ""desperate"" to maintain the purported ""growth"" in number of users. (And in a certain sense, they are doing what all companies with ""saturated"" markets do... a futile attempt to pull future demand into the present; which of course -- to the extent that it succeeds anyway -- really just moves the inevitable ""dropoff"" that much closer.)  ---  \* EDIT: And in addition (not surprisingly) it looks like Pareto principle, which tends to be recursive.. Of the roughly 20% (~16%) ""unique"" visitors during the month, probably the majority of them (roughly 80% of the 16%) engaged in minimal activity, with only some 20% of it (and thus somewhere round 3.2%~4%) of the total user base being truly ""active"", and then again, probably only 20% of *that* (maybe at or under 1%) were of the *hyper*-""active"" users that everyone thinks facebook'ers are."


Someone I know had an idea to open a savings account as an LLC or corporation to receive better interest rates on savings, and set up a system where anyone can pool money in and receive a larger cut through savings interest than with a personal account. Is this legal/feasible in any way?


"Whether or not you make money here depends on whether you are buying or selling the option when you open your position.  You certainly would not make money in the scenario where you are buying options at the open.  If fact you would end up loosing quite a lot of money. You do not specify whether you are buying or selling the options, so let's assume that you are buying both the call and the put.  We'll look a profitable trade at the bottom of my answer. Buying an in-the-money Call option with a strike price of $90 when the underlying asset price is $150 would cost you a small fraction over $6000 = (100 x $60) since the intrinsic value value of the option is $60.  Add to this cost any commission charged by your broker. Buying an out-of-the-money Put option with a strike price of $110 when the underlying asset price is $150 would cost you a ""small"" premium - lets say a premium of something like $0.50.  The option has no intrinsic value, only time value and a volatility value, so the exact cost would depend on the time to expiry and the implied volatility of the underlying asset. Since the strike price is ""well out of the money"", being about 27% below the underlying asset price, the premium would be small.  So, assuming the premium of $0.50, you would pay $50 for the option plus any commission applicable. The cash settlement on expiry, with an underlying settlement price of $100, would be a premium of $10 for each of the two options, so you would receive cash of 100 x ($10 + $10) = $2000, less any commission applicable.  However, you have paid $6000 + $50 to purchase the options, so you realise a net loss of $6050 - $2000 = $4050 plus any commissions applicable. Thus, you would make a profit on the put option, but you would realise a very large loss on the call option. On the other hand, if you open your position by selling the call option and buying the put option, then you would make money. For the sale of the call option you would receive about $6000.  For the purchase of the put option you would pay about $50. On settlement, you would pay $1000 to buy back the call option and you would receive about $1000 when selling the put option. Thus you net profit would be about ($6000 - $1000) for the call position, and ($1000 - $50) for the put position.  The net profit would then total $5950 less an commissions payable."


It is very important to take care of housing roof in certain time interval so as to avoid cracking and leaking in the roof, otherwise it may lead to the harm in future. The material should be taken to the reputed company which is loyal to its client and provide with super fine material which is guaranteed for years. Southmoreroofing will provide you all quality services that are needed for the maintenance of roof Perth.


Your $400/month contributions are still tax deductible in the current tax year. However, each subsequent tax year, you will be required to repay at least 1/15 of the total amount you withdrew. In your example, let's say you used $25,000 for the home buyer's plan in the 2015 tax year. Throughout 2015, you contribute $400/month toward your RRSP. For the 2015 tax year, you are able to claim $4800 in RRSP contributions. For the 2016 tax year, you continue to contribute $400/month toward your RRSP. However, you are only able to claim $3133.33 in RRSP contributions, and must put at least $1666.67 toward repayment of your HBP. This will continue until you have entirely repaid the HBP. You are free to repay it early. This CRA page has the details.


"There is not a special rate for short-term capital gains.  Only long-term gains have a special rate.  Short-term gains are taxed at your ordinary-income rate (see here).  Hence if you're in the 25% bracket, your short-term gain would be taxed at 25%.  The IRA withdrawal, as you already mentioned, would be taxed at 25%, plus a 10% penalty, for 35% total.  Thus the bite on the IRA withdrawal is larger than that on a non-IRA withdrawal. As for the estimated tax issue, I don't think there will be a significant difference there.  The reason is that (traditional) IRA withdrawals count as ordinary taxable income (see here).  This means that, when you withdraw the funds from your IRA, you will increase your income.  If that increase pushes you too far beyond what your withholding is accounting for, then you owe estimated tax.  In other words, whether you get the money by selling stocks in a taxable account or by withdrawing them from an IRA, you still increase your taxable income, and thus potentially expose yourself to the estimated tax obligation. (In fact, there may be a difference.  As you note, you will pay tax at the capital gains rate on gains from selling in a taxable account.  But if you sell the stocks inside the IRA and withdraw, that is ordinary income.  However, since ordinary income is taxed at a higher rate than long-term capital gains, you will potentially pay more tax on the IRA withdrawal, since it will be taxed at the higher rate, if your gains are long-term rather than short term.  This is doubly true if you withdraw early, incurring the extra 10% penalty.  See this question for some more discussion of this issue.) In addition, I think you may be somewhat misunderstanding the nature of estimated tax.  The IRS will not ""ask"" you for a quarterly estimated tax when you sell stock.  The IRS does not monitor your activity and send you a bill each quarter.  They may indeed check whether your reported income jibes with info they received from your bank, etc., but they'll still do that regardless of whether you got that income by selling in a taxable account or withdrawing money from an IRA, because both of those increase your taxable income. Quarterly estimated tax is not an extra tax; it is just you paying your normal income tax over the course of the year instead of all at once.  If your withholdings will not cover enough of your tax liability, you must figure that out yourself and pay the estimated tax (see here); if you don't do so, you may be assessed a penalty.  It doesn't matter how you got the money; if your taxable income is too high relative to your withheld tax, then you have to pay the estimated tax.  Typically tax will be withheld from your IRA distribution, but if it's not withheld, you'll still owe it as estimated tax."


I would make this a comment, but I am not worthy...... You will need to define your objectives before you can do anything. What is the money for?  What is your risk tolerance?  Where do you live?  Capital appreciation?  Preservation?  Can you eat if your savings are cut in half?  How much are you currently making?  How much are you currently saving?  What do you already have exposure to?  How secure is your job?  What is the makeup of the congregation?  Do you have any tax-related surprises?  Do you own your home?  Have you previously consulted with a financial planner? There are many many factors obviously.  More than I think most people want to give out over the internet, but they are all important to making a decision.  Get a recommendation from someone you know for a financial planner.  Ask upfront what their background is.  Education, experience credentials.  You want a certified financial planner or analyst.  Ask how their fees are structured and what their approach is like, and make sure they're speaking intelligibly.  Feel free to shop around until you find someone you like.


Business Insider is an unabashedly anti-Israel website that manufactures political stories where there isn't one. Case-in-point: this article calls the Golan Heights a controversial occupied territory despite the fact that it has been part of the state of Israel for over thirty years. Isn't it at all plausible that this is purely a business decision?


Salaries in India are generally paid of the month. If you have joined mid-month like you mention on 6th Jan. The first salary will be for part month. In your case it would be (15000/31) Multiply by 27 Days. Rs 13065. You should get a salary slip that would give more details.


"Let me just add that while you don't need to write the date received on the back of the check, you could. Why? Let's say someone was late in paying you and you wanted to document the fact that they were late. I've had late-paying customers send me a check dated on the due date but really they just pre-dated the check and sent it 60 days past-due. So let's say I want to establish and document the pattern in case it becomes a future legal issue. When you deposit or cash a check, an image of the front and back is made and the person or company who issued the check will have those images stored as part of their transaction history. (It used to be that the original, physical, cancelled check was returned to the payer, but that was another era.) So write the date received on the back next to the endorsement, endorse the check, and take a photo of the front and back (along with the postmark on the envelope) to document that they are a late payer. This way, if it ever becomes a ""he said she said"" issue you can easily show they have a history of paying late. If the payer looks at their check images they'll see your received date note next to the endorsement. Granted, this is a lot of trouble for a unique situation. In 20+ years of running a business I've actually had the foresight to do this a handful of times with habitual offenders, and in (only) one case did it come in handy later on. But boy was I glad to have those photos when I needed them."


Obvious answer but the limit order should be set at the price that you are willing to pay :). More usefully, if you want a decent chance of the order filling in short notice you should place the order one price tick above the current highest buyer (bid price). As long as high frequency trading remains alive I would advise against ever using market orders, these algorithmic trades can occasionally severely distort the price of a security in a fraction of a second. So if your market order happens to fill in during such a distortion you might end up massively overpaying/underselling.


Thanks for the response, the good thing is I can easily answer those questions without problem and I have a solid answer for all of them so I think my next goal is to write out my business plan. I heard it should around 30-50 pages.


"The financial services industry, and specifically retail banking, has not always been on the bleeding edge of technological innovation.  It usually isn't, and that can be a good thing insofar as avoiding disasters, but your general sentiment is shared by many people.  Google ""payment startups"". Despite all this, the current system works well.  Software had become adept at identifying and mitigating transactions that appear fraudulent, and even if an account is wiped clean, the account holder is not responsible for the missing funds, the bank is.  If there is ever an epidemic, banks will drive the change to a different system, not consumers. Specific to your proposal, the deposit only account seems to violate all three trust-related issues you bring up. Additionally, linking a bank account can fulfill some know your customer (KYC) requirements, which help reduce fraud and may be required by law.  It gives organizations, especially financial services ones like PayPal, a more tangible link to your actual person."


You have to look at the market conditions and make decisions based on them. Ideally, you may want to have 30% of your portfolio in bonds. But from a practical point of view, it's probably not so smart to invest in bond funds right at this moment given the interest rate market. Styles of funds tend to go into and out of style. I personally do asset allocation two ways in my 457 plan (like a 401k for government workers): In my IRA, I invest in a portfolio of 5-6 stocks. The approach you take is dependent on what you are able to put into it. I invest about 10 hours a week into investment related research. If you can't do that, you want a strategy that is simpler -- but you still need to be cognizant of market conditions.


"I agree with you, but both are bad. What happens with fractional reserve banking is inflation, but this inflation isn't distributed evenly across all the markets, those who the banks lend to are who see the inflation first I.e. the Dow. But nobody gets a loan to buy commodities, so these lag in the inflation. When a recession hits the banks slow their loaning while the commodities play catch-up. During this period it makes more sense to ""invest"" in commodities than in the majority of businesses. So in an effort to make capital ""available"" you've created an entire community of investors investing in an unproductive sector for just as long as you had them hyper-investing in productive sectors. Net zero gain, with a decade of time lost.  I wont ever believe we need frac reserve lending to have a bank, especially when the bank collapses the currency every 30-50 years. If someone's to loan money they should do it with their own money, with approval, or somehow prevent 2-3-10 people from racing to the same reserve."


"Usually there are annual or semi-annual reports for a mutual fund that may give an idea for when a fund will have ""distributions"" which can cause the NAV to fall as this is when the fund passes the taxable liabilities to shareholders in the form of a dividend. Alternatively, the prospectus of the fund may also have the data on the recent distribution history that is likely what you want. If you don't understand why a fund would have a distribution, I highly suggest researching the legal structure of an open-end mutual fund where there more than a few rules about how taxes are handled for this case."


I'm happy you brought this up.   1. Deficits have proven to be far higher during Republican administrations (Reagan/BushI tripled it, Bush II doubled it, etc.).   2. The deficit has been large under Obama, but most of this has been [proven](http://crooksandliars.com/jon-perr/republican-debt-orgy-pictures) to be a result of policies enacted by Bush and the Great Recession.    3. The deficit has shrunk from over $1.6t to a projected $500b during Obama's tenure.


GPS can be a money saver to add as an aftermarket item as opposed to getting an integrated version with your stereo.  Typically, updates for the aftermarket stand-alone GPS units are cheaper as well.


How is the government paid for these things? How is this handled without taxes? Are you suggesting that the people pay for all of this because they supposedly derive all the benefit while the businesses supposedly derive none from infrastructure.  Yes public roads may not be restricted by entities except in safety measures and compliance with DOT regulations. It is illegal for company A to blockade or otherwise make unavailable a public road to keep company B or the general public from using it.   These type of rules also apply to communication lines and power infrastructure and are designed to decrease duplication and ensure that selected infrastructure is appropriate for the area.


Maybe I'm cynical but I always figured welfare was societal insurance against pickpockets, hold-ups, break-ins, and in a worst case scenario, outright riots.  If you explain it to these bozos that way sometimes they get it.  Or they start going on about increased police presence without understanding they're just paying more taxes in another form.  Sometimes the money people need to be economics people.  There are plenty of things with a monetary value that they don't seem to grasp until the shit hits the fan.  //I don't study economics myself but come on -- it doesn't take a genius to realize that EVERYTHING has a cost, regardless of whether you can understand it.


I just did a long spill about why and how that came about. Not enough detail but it makes the main points.  http://www.reddit.com/r/progressive/comments/2cqlg3/out_of_touch_gop_rapidly_seals_fate_with_majority/cjid7am?context=3  It's only been within my lifetime that the definition of capitalism has become cronyism. It didn't used to be that way. Yeah, I agree, that's a really really bad development :(


For someone who has only used an iPhone for many years, what are the things that you like best about the s4 or s5 that the iPhone can't do? I am genuinely curious, as I hadn't considered not getting the new iPhone when it comes out. Thanks!


You are permitted to withdraw the deposits from the Roth with no tax or penalty any time.  To Dilip's point, the Roth is a good place to keep the investment, and what you might consider is a 'self-directed' account. This type of IRA or Roth IRA permits a choice of investments that are not typically handled by banks or brokers, including Real Estate and the type of Angel investing you seem to be considering.  Note - the rules are tough, you need to be very careful to not be self-dealing, or dealing with certain related parties.


SEO or Search engine optimization is the process of trying to increase quality Traffic to the website (your) Search Enigne variety of different ways. Usually websites appear on the first Search Engine in common than is often click the website below. Or Next Typically, the goal of SEO is in many places such as Image Search, Video Search, but we spent most of Web Search.


"The full holdings will be listed in the annual report of the fund, obviously the holdings would only be completely accurate as of the date of the reporting. This is the most recent annual report for FMAGX.  I got it from my Schwab research section under ""All Fund Documents"" but I'm sure you can find it other ways.  When I use google to search for ""fmagx annual report"" this link was the first result."


You would have to find someone in the other state who wanted to swap.  This is conceivable but difficult if you want the houses to be the same value.  How do you find the one person who lives in the right place now and wants to move to the right area?   The normal way this situation is handled is to simply put your house on the market.  At the same time, you find a new house in the new location.  You arrange for a new mortgage for the new house and make purchase contingent on selling the old house.  Your buyer pays off your mortgage and gives you a bit left over that you use as a downpayment on the new house.   Note that you take a loss on closing costs when you do this.  This is why if you are in the position where you move frequently, you may be better off renting.   Sometimes an employer will help with this, paying for a long term hotel or short term rental.  This can give you more room to sell and buy the houses.   If you have to move right now, immediately, not in a few months when your housing situation is fixed, consider double renting.  You rent out your mortgaged house to someone and pay rent on a new place.  You may put some of your stuff in storage until you get into your permanent place.   The downside is that it can be harder to sell a house with a tenant until you are close to the end of the lease.  And of course, you are probably not in the best position to get or pay good rent.  Your situation restricts your options.  You might get stuck in this situation for a year so as to get the time that you need to line up a buyer.   Of course, you may get lucky and find someone who wants your old house as an investment property.  Such a person won't be bothered by a tenant.  But they usually want a good price.  After all, they want to make money off it.   There are those operations that advertise that they buy ugly houses.  They want a good deal.  You'll probably take a bath.  But they can buy quickly, so you can move on quickly.  No waiting until they find a buyer.   And I'm not saying that you can't do a swap like you want.  I'm just saying that you may find it difficult to find a swapping partner.  Perhaps an investment person would be up for it.  They take your house in trade for their house, letting you stay in their house until they can fix up your old house and either rent it or sell it.  The problem is that it may be hard to find such an investor who can handle a house where you are and has a house where you need to be.   I don't have a good suggestion for finding a swapping partner other than calling a lot of realtors and asking for suggestions.  Maybe a bit of online checking for properties where the owner's business is managing the sale.


Bank and most Credit Union deposit accounts (including CDs) are guaranteed by the Federal government by the FDIC and NCUA, respectively.  Some state-chartered credit unions use private insurance, you'll want to be careful about storing lots of money in those institutions.


I'm confused why you think you need a $450k house. That seems extremely high in today's market except perhaps in certain major urban locations. If you're going to live in suburbia or a smaller town/city, you should be able to find a nice 3br house for well under $300k. Before you rule out buying a house, I'd spend some time researching the real estate listings in your area, foreclosures, properties owned by bankruptcy court, etc. - you might be surprised to find a great home for as low as $150-200k. Of course if you live in a place where what I'm saying is completely off-base, please disregard my answer.


">They lie right to your face. ""Borrow tens of thousands of dollars to give to us, it will totally work out...for us.""  I don't believe they verbalize those last two words. They pretty much end it with a period after the ""work out"" part.  And then of course, they produce that BS statistic that college grads make a ""million dollars more over their career"".  I mean really?  Which grads are those? You mean the ones who graduated circa 45-50 (or more) years ago (when very few people had college degrees)?    And in exactly what inflation-adjusted time-frame was that ""million dollars""?  Was it 1960 dollars? 1980 dollars? 2000 dollars?  Because a million bucks, while still not pocket change even in 2012, was worth a LOT more the further you go back."


I tend to agree with Rocky's answer.  However it sounds like you want to look at this from the numbers side of things.  So let's consider some numbers: I'm assuming you have the money to buy the new car available as cash in hand, and that if you don't buy the car, you'll invest it reasonably.  So if you buy the new car today, you're $17K out of pocket.  Let's look at some scenarios and compare.  Assuming: If you buy the new car today, then after 1 year you'll have: If you keep the old car, after 1 year you get: After 2 years, you have: And after 3 years, you're at: Or in other words, nothing depletes the value of your assets faster than buying the new car. After 1 year, you've essentially lost $5K to depreciation.    However, over the short term the immediate cost of the tires combined with the continued depreciation of the old car do reduce your purchasing power somewhat (you won't be able to muster $25K towards a new car without chipping in a bit of extra cash), and inflation will tend to drive the cost of the new car up as time goes on.  So the relative gap between the value of your assets and the cost of the new car tends to increase, though it stays well below the $5k that you lose to depreciation if you buy the new car immediately.  Which is something that you could potentially spin to support whichever side you prefer, I suppose. Though note that I've made some fairly pessimistic assumptions.  In particular, the current U.S. inflation rate is under 1%, and a new car may depreciate by as much as 25% in the first year while older cars may depreciate by less than the 8% assumed.  And I selected the cheapest new car price cited, and didn't credit the tires with adding any value to your old car.  Each of those aspects tends to make continuing to drive the older car a better option than buying the new one.


And if you need to pay business taxes outside of the regular US 1040 form, you can use the IRS' Electronic Federal Tax Payment System (EFTPS). Basically, you enroll your bank accounts, and you can make estimated, penalty, etc. payments. The site can be found here.


I think that's actually by design.. I mean, of course it's by design, but I think they're deliberately trying to look like 'normal' cars.  I imagine the first thing people think when they see a flashy car is 'expensive'.  Also, at the moment they're probably trying to appeal to sensible people who are looking at what the car offers practically - the sort of person that would buy a Kia.  In the future though, I'm sure Tesla will really start producing some interesting looking cars - their different structure could afford them options not easily available to normal car manufacturers.


So you don't believe in any workers' rights? Are you joking?  You don't believe in a minimum wage, limited work hours, health and safety, paid holidays, maternity/paternity leave, or non-discriminatory equal employment? You're ok with child labour?  Once you strip away those laws you get a complete race to the bottom and an awful society that is essentially feudal.


The purchase of a running company gives entrepreneurs an alternative to establish themselves other than creating from scratch of their company. On the other hand, already established entrepreneurs can acquire a company to grow, generating economies of scale that improve their productivity. The Plan to Support the Transmission of buy a business arises from the collaboration between the Ministry of Economy, Industry and Competitiveness, through the General Directorate of Industry and Small and Medium Enterprise. The main objective of the Plan is to ensure the continuity of viable companies in danger of disappearing due to problems other than economic ones, for example lack of generational change or change of professional orientation. In this way, the loss of economic capital and jobs is avoided.


"There are no ""rules"" about how the price should act after an IPO, so there are no guarantee that a ""pop"" would appear at the opening day. But when an IPO is done, it's typically underpriced. On average, the shares are 10% up at the end of the first day after the IPO (I don't have the source that, I just remember that from some finance course). Also, after the IPO, the underwriter can be asked to support the trading of the share for a certain period of time. That is the so called stabilizing agent. They have few obligations like: This price support in often done by a repurchase of some of the shares of poorly performing IPO. EDIT: Informations about the overallotment pool. When the IPO is done, a certain number of client buy the shares issued by the company. The underwriter, with the clients, can decide to create an overallotment pool, where the clients would get a little more shares (hence ""overallotment""), but this time the shares are not issued by the company but by the underwriter. To put it another way, the underwriter oversell and becomes short by a certain number of shares (limited to 15% of the IPO). In exchange for the risk taken by this overallotment, the underwriter gets a greenshoe option from the clients, that will allows the underwriter to buy back the oversold shares, at the price of the IPO, from the clients. The idea behind this option is to avoid a market exposure for the underwriter. So, after the IPO: If the price goes down, the underwriter buys back on the market the overshorted shares and makes a profits. If the price goes up, the company exercise the greenshoe option buy the shares at the IPO prices (throught the overallotment pool, that is, the additional shares that the clients wanted ) to avoid suffering a loss."


"Just because ""many"" stocks have net losses doesn't prove the point. As this article describes, Morgan Stanley and Goldman are real businesses with billions in tangible assets. Their businesses are profit machines that create billions in value every quarter. Bitcoin has none of those things. That's why people say it's backed by emotions"


This new roof should go on the 2016 LLC business return, but you probably won't be able to expense the entire roof as a repair.  A new roof is most likely a capital improvement, which means that it would need to be depreciated over many years instead of expensed all in 2016.  The depreciation period for a residential rental property is 27.5 years.  Please consider seeking a CPA or Enrolled Agent for the preparation of your LLC business return. See also: IRS Tangible Property Regulations FAQ list When you made the loan to the LLC (by paying the contractor and making a contract with the LLC), did you state an interest rate?  If not, you and your brother should correct the contract so that an interest rate is stated, then follow it.  The LLC needs to pay you interest until the loan is paid off.  You need to report the interest income on your personal return, and the LLC needs to report the interest expense in its business return.


"The existing answers are good, I justed wanted to provide a simpler answer to your question: Would I be able to invest this in a reasonable way that it would provide me with say $200 spending money per month over the school year? No. There is no way to invest $10,000 to reliably get $200 every month.  Any way that you invest it that has even the possibility of getting that much will have a significant possibility of losing a lot of money.  If you want to get ""free"" spending money out without risk of losing money, you're unlikely to be able to find an investment that will give you more than a couple dollars per month."


Most jobs pay for cfa.   Not so many for MBA.  Even MBA the biggest criteria is quality of work experience and GMAT.   I'd advise to focus now on what you want as a career and really try and get an internship in that field while in undergrad.  Rest will fall into place.   Cfa and top15 MBA grad so been through both paths


Don't waste your time threatening legal action or screwing around with certified mail. If they're contacting your employer to garnish your wages they probably already have a summary judgment against you for failing to appear at a court date you didn't know about.  Your employer might have had your back but these guys will continue to try to locate your assets and attempt garnishment until someone does accept their claim and hands over your bank account.  Contact a bankruptcy attorney immediately (they are most experienced with dealing with debt collectors and related issues). Consultations are generally free.


LLC in NJ. You are awesome my friend. I have the LLC started. Im just getting the low voltage waiver and deciding on the payment system but this seems to work. I can just simply print them out the invoice. I gotta check with Amazon but this was extremely helpful.


"I think the last sentence sums up what needs to be done: ""The answer is a rebooted capitalism for a new economic era, using the power of the state where it is necessary to fix market failures and to break up vested interests, but also recognising the unique power of entrepreneurs to produce abundance out of scarcity and dynamism out of stagnation.""  Capitalism is far from dead and is still by far the best economic policy available, it's just changing a bit specifically on a few minor points."


"With all due respect to economics everywhere and the armchair economist. I think they overlook one very basic fact. The alternative to buying popcorn  at the cinema is buying it cheaper at the store, or making your own and bringing it to the cinema. Cinemagoing is something you tend to do with a date (and sometimes your friends) and who wants to look cheap to their date (and perhaps their spouse/friends) bringing popcorn to the cinema?  This ""cheapo-gentlemens"" effect together with convenience is probably the reason why popcorn can remain so expensive at cinemas."


There's nothing I'd want to eat at McDonald's in the past few years. In my experience they are bottom-of-the-barrel as far as taste, quality and service. Their best marketing strategy is to try to convince small children that their food tastes good by giving away toys.


>     If Comcast wants my steaming business offer a better service than Netflix. >  >  >  > Sure. In the meantime, I don't see why Comcast must allow Netflix to use its fixed infrastructure.  So if the power company decides they're losing customers because of associating with Comcast and a quick cost/benefit analysis says they should stop providing power to Comcast then that's okay?  Comcast now has to close their doors and their company is done for because no power company in the world will provide for them because they don't want the bad PR.  It's okay to hold an entire company hostage because, it's just business?   Then of course you might say, well switch power providers! Tough luck Comcast PECO is your only option. You could use this small solar farm that gives you some power and not nearly enough to sustain your current business but you have another choice so it's not a monopoly!


It would make their garbage look better as compared to other sovereigns, they will re-bundle the toxic assets it into some crap alphabets and try to make them look as good as Treasuries and sell them. Hence the synchronous downgrades of China, Hongkong, Britain


Yeah Best Buy is a complete joke. Electronics are one of the things I usually plan out and buy online anyway (they're generally expensive, so saving 5% can be a lot), so when the one thing I always immediately need breaks - a phone charger - guess who always has none in stock, or hardly any selection?   Electronics are generally low margin and Best Buy was basically built on the notion that most consumers are ignorant, particularly about tech, and what fair prices are. A 6' HDMI should not be over $10. A usb cable charger shouldnt be more than $10. Now that everyone can price check instantly on their phone, they're fucked. Good riddance IMO, perhaps it will allow some smaller, local electronics stores to thrive.


Once you own no shares for 31 days, it's game over. Even though the accounting has wash sales to consider, in the end, gains and losses all cancel to one net position of break even, gain or loss.  It's when there are shares remaining at the end of a period of time that the wash sale rules really impact the numbers.


"That is called ""substitution of collateral."" And yes, it can be done, but only with consent of the lender. The ""best case"" for this kind of maneuver is if the second house is larger and more valuable than the first. Another possibility is that you have two mortgages on the first house and none on the second, and you want to move the second mortgage on the first house to the second one, effectively making it a ""first"" mortgage. In these instances, the lender has a clear incentive to allow a substitution of collateral, because the second one is actually better than the first one. The potential problem in your case, is if the second house were more expensive than the first house, you could not use the sale proceeds of the first house as to buy the second house without borrowing additional money. In that case, a possible solution would be to go back to the lender on your first house for a larger mortgage, with the proceeds of that mortgage being used to retire the earlier mortgage. Depending on your credit, payment record, etc. they might be willing to do this."


"Proof of interference please. No ""that guy/those guys said it happened"".   But an expert or authority saying: ""we have concrete proof,and *this is it*"", i.e a claim of proof backed up immediately by exposing and explaining said concrete proof.  Actual proof. Not inductive reasoning.  I'm asking because I stopped following the issue for a time, and *I want genuine proof*. I am not american, I have no stake in the issue and ***I am not saying there wasn't interference***, I just want solid proof, of which I haven't been sent any so far.  Only insults and aggression for daring to be tough to convince. That doesn't bode well for their arguments, btw."


"It's required by law.  12 USC 1759 (b) requires that membership in a credit union be limited to one or more groups with a ""common bond"", or to people within a particular geographic area. For lots more gory details on how this is interpreted and enforced, you can read the manual given to credit unions by the National Credit Union Administration, which is their regulatory agency."


If you think we're moving from cable tv to internet tv, you could try things like Comcast (CMCSA) or Time Warner Cable (TWC). You'll have to pay their dividends, however.   Also note that they have the potential to cost-shift by charging more for your internet. In fact the whole industry can do some cost-shifting in such a shift, and probably would try. I doubt it would work because there's a lot of potential for cost-cutting in the salaries they pay these people - media stars and executives are going to take a pretty steep price hike when the monopolistic cable distribution system finally breaks down.


"John's answer is similar to what I was thinking. You should invest in insurance ""because there's an insurance salesman who needs to pay to send his kid to college."" I will never be a fan of any type of permanent insurance, and I think it wrong to sell a single person with no dependents such a policy. I've used the expression ""Variable Annuities are sold, not bought."" I feel the same about these insurance policies.  The best advice I can offer in a short reply is this: If you need life insurance, buy term. Save as much as you can, 10% minimum, more if you are able. A young person should be saving for retirement and to position them self to buy their first house, if that's what they wish. What good is a full up Whole Life policy when you need to raise $40K to put down on a house? Sorry to sound like I'm lecturing, this is one of my hot points."


"If you business is incorporated, it's up to the two of you how to do it. Typically, you will have the company write cheques (or make transfers, whatever) to each of the humans: If you want to say that each of you gets a salary of 80% of the revenue you bring in, and then tweak things with bonuses, you can. If one of you is contributing more to marketing and awareness and less to revenue, then you may prefer to pay you each the same even though the revenue you bring are different. It's up to you - it's quite literally your business. When you're not incorporated, then for tax purposes you split the income and the expenses according to your ownership share. If that doesn't seem fair to you, then a partnership is probably not as useful to you as being incorporated. In general, it's better to be incorporated once you're past any initial phase in which the business is losing money for tax purposes (acquiring depreciable assets) and the partners have taxable income from elsewhere (day jobs, or at least income from the earlier part of the year before starting the business.) I would recommend that the ""partnership"" phase of the business be very short. Get incorporated and get a shareholder agreement."


I know, I also didn't do it justice. The guy came up with an attitude to start something. Like he was going to show us.   I'm not the one to flip out on service people. I also have worked my entire career over 20 years in the service industry. So I know what it's like to get shit on as a service person. I just have little tolerance for uncalled for hostility.


I feel you. There are some good companies out there, but they all seem really expensive. I am 30% cash right now, stockpiling some dry powder for the next crash. But if everyone is doing what I am doing, well, there may not be a next crash.


That is a loaded question but I'll give it a shot.  First things first you need to determine if you are ready to invest in stocks.  If you have a lot of high interest debt you would be much better served paying that off before investing in stocks.  Stocks return around 8%-10% in the long run, so you'd be better off paying off any debt you have that is higher than 8%-10%. Most people get their start investing in stocks through mutual funds in their 401k or a Roth IRA.  If you want to invest in individual stocks instead of mutual funds then you will need to do a lot of reading and learning. You will need a brokerage account or if you have a stock in mind they might have a dividend reinvestment plan (DRIP) that you could invest in directly with the company. You will have to compare the different brokerage firms to determine which is best for you.  Since you seem to be internet savvy, I suggest you use a discount brokerage that let's you buy stocks online with cheaper commissions.  A good rule of thumb is to keep commissions below 1% of the amount invested. Once you have your online brokerage account open with money in there the process of actually buying the stock is fairly straightforward.  Just place an order for the amount of shares you want.  That order can be a market order which means the purchase will occur at the current market price.  Or you can use a limit order where you control at what price your purchase will occur. There are lots of good books out there for beginners.  Personally I learned from the Motley Fool. And last but not least is to have fun with it.  Learn as much as you can and welcome to the club.


"A hundred different Indian sweatshops low bidding everyone. I would be surprised if any of those projects are ever successful or under budget, but the amateur clients don't seem to care, they just want ""the next Facebook"" built for $100."


There is a large market where notes/bills/bonds are traded, so yes you can sell them later.  However, if interest rates go up, the value of any bond that you want to sell goes down, because you now have to compete with what someone can get on a new issue, so you need to 'discount' the principal value of your bond in order for someone to want to buy it instead of a new bond that has a higher interest rate. The reverse applies if interest rates fall (although it's hard to get much lower than they are now).  So someone wanting to make money in bonds due to interest rate changes, generally wants to buy at higher interest rates, and then sell their bonds after rates have gone down.  See my answer in this question for more detail Why does interest rate go up when bond price goes down? To answer 'is that good' the answer depends on perspective:


"They have trillions in assets and hundreds of billions of equity and nearly 100 billion in yearly operating revenue.  These are not ""pay up now, in full"" either. As with all other fines, there is a ""payment plan"" option.   50B is nothing to sneeze at, but it's a storm BoA can easily weather."


"> H1B's have a skillset that the locals do not.   Like ""working for 20% less than market rate""  I've seen H-1Bs hired for a LOT of jobs that could easily be filled locally. The problem is that since the local folks have put in the time and effort to build their skillset and gain expertise, they have higher salary expectations than management wants to pay.   H-1Bs were designed for very niche or specialized or advanced expertise, not ""Journeyman level web designer who knows Angular.js"""


The mesmerizing aroma that we witness while cooking is truly a joy, but when we look at these elements separately and the harm they can cause, it is seriously a concern. Some of these cooking by-products can be destructive. Steam, for instance, will condense on windows and inside exterior walls, leading to rot.


">I've found most of my personal success looking for work by way of the burgeoning technical recruiter industry - they know a bit more than an HR 'bot', either mechanical or human (haha), about the reality of technical requirements for a job and are able to find you if you just know where to place yourself.  Yes, that is another way ""around"" the HR bot-ery.  But it tends to be expensive (granted the ""company"" doing the hiring does the paying, but I can guarantee you that the cost inevitably comes OUT of the possible salary/benefits of the hiree).  >Getting solicited for a job by way of your LinkedIn profile is a much easier way of finding work than the futile carpet-bombing of large corporate HR machines, no doubt.  Yes, alas... that seems to be about the only way that most people (including ironically enough college grads with HR & MBA degrees) seem to think about jobs: the ""carpet bombing"" of HR departments combined with the continual scanning of ""jobs"" listings.  I want to weep every time some college grad tells me they were ""taught"" to use Monster.com (et al) as a *primary* means of obtaining a position.  I mean seriously, USE those research and networking skills that you claim to have to FIND a company that you WANT to work for, and then find a way to get a position in that company.  It is an ACTIVE thing, not a ""passive"" one.  People who do that tend to actually GET (one of the) jobs they want, rather than being ""stuck"" in something where... well, they were the first ones to make an offer..."


I think any job choice depends on the person.    If you're only willing to do 40 a week, you're not able to assign yourself tasks and complete them, aren't able to stick with a budget, can't talk to people, etc, not the kind of person who would do well as an entrepreneur.


"All of this was commonly discussed back then, it was in no way his singular vision.  And most aren't even really realized as he describes them.  ""Private websites"" for families are not common at all.  His idea of advertisement links in television aren't just handles of their twitter, he meant real links.  Online discussion boards centered on location or not (two items really?) were already well happening by then.  What a fluff article."


If you are looking to buy a tri axle trailer then there are a few things that you must keep in mind when looking for the right products. These include increased capacity, better performance results and most importantly finding a reliable company to buy from.


"Well, really, we decided that we wanted a basic level of care, but ONLY if you're REALLY poor or old.  If you're working an okay job, then your employer must give you healthcare, unless they're too small, or really don't want to and make you work a few less hours so you get two part-time jobs.  The role of government in the markets is to manipulate incentives towards ""good""(e.g. employing people) activities and away from ""bad""(e.g. polluting) activities.  You really can't get that mad at companies for leveraging those incentives.  I've got a puppy right now.  If she misbehaves, it doesn't help me to punish her other than to make me feel better.  What fixes things, is to change my behavior so that she is rewarded for doing what I think is ""good""(e.g. chewing her toy) not what I think is ""bad""(chewing my shoes).  Sure, we can say, ""Bad Wal-Mart! Bad Company!"" but that's not going to do anything except make us feel better."


Mentor For Business is a concept which has the potential to turn any business around and put it on the road to greater profitability. Offering you a tested range of growth-focused services professionally packaged by Pedram Mirza, Mentor For Business is like having a business partner totally committed to helping your business achieve more with existing resources.


"FSEMX has an annual expense ratio of 0.1% which is very low. What that means is that each month, the FSEMX will pay itself one-twelfth of 0.1% of  the total value of all the shares owned by the shareholders in the mutual fund.  If the fund has cash on hand from its trading activities or dividends collected from companies  whose stock is owned by FSEMX or interest on bonds owned by FSEMX, the  money comes out of that, but if there is no such pot (or the pot is not large enough), then the fund manager has the authority to sell some shares of the stocks held by FSEMX so that the employees can be paid, etc. If the total of cash generated by the trading and the dividend collection in a given year is (say) 3% of the share value of all the outstanding mutual fund,  then only 2.9% will be paid out as dividend and capital gain distribution  income to the share holders, the remaining 0.1% already having been paid to FSEMX management for operating expenses.   It is important to keep in mind that expenses are always paid even if there are no profits, or even if there are losses that year so that no dividends or capital gains distributions are made.  You don't see the expenses explicitly on any statement that you receive.  If FSEMX sells shares of stocks that it holds to pay the expenses, this reduces  the share value (NAV) of the mutual fund shares that you hold.  So, if your mutual fund account ""lost"" 20% in value that year because the market was falling, and you got no dividend or capital gains distributions either, remember that only 19.9% of that loss can be blamed on the President or Congress or Wall Street or public-sector unions or your neighbor's refusal to ditch his old PC in favor of a new Mac, and the rest (0.1%) has gone to FSEMX to pay for fees you agreed to when you bought FSEMX shares. If you invest directly in FSEMX through Fidelity's web site, there is no sales charge, and you pay no expenses other than the 0.1% annual expense ratio.  There is a fee for selling FSEMX shares after owning them only for a short time since  the fund wants to discourage short-term investors. Whatever other fees finance.yahoo.com lists might be descriptive of the uses that FSEMX puts its expense ratio income to in its internal management, but are not of any importance to the prudent investor in FSEMX who will never encounter them or have to pay them."


The core idea behind this statement is that there is always money for what you prioritize. If you try to use whatever is left over after your bills for savings, you probably won't save very much if anything. In practice, you decide on a fixed amount of money you will save out of each paycheck and put that aside in an investment or savings account, then pay your bills out of what is left.  Essentially it is a way to counteract the tendency of your lifestyle rising to exactly meet your income and leaving nothing for savings.


Are you looking for that place, from where you can buy the online fresh flowers at the lowest price. Rustic Posy flowers fulfil the customer’s requirements. You should  find our best flower bouquets which is very attractive design in every flower gifts, and plants. Browse our best sellers or search for something different from Rustic Posy's extensive collection. Here, you can believe in every deal. We deliver the order at the door. So many our customers are very satisfied, because they get the order of the fresh flowers at the home without hesitation. If you want to save the time and money, then you have reached the right place. We have a good professional florist team that always design the unique and attractive flower gifts.


"Loan officer here. Yes. You pay the per diem. I'd recommend not paying it off for like 6 months. You can pay it down to basically nothing and then hold it for six months and pay it off. Better for credit. If it's a simple interest rate, most car loans are, multiply the current principal balance by the interest rate and divide it by 365. That's the per diem or daily interest. For example, ""10,000 dollar auto loan at 3%. 10000*0.03= 300. 300/365= 0.82. So each day the balance is 10k the loan cost 82 cents. So in a month, your first payment is 100 dollars, 24.65 goes to interest 75.35 goes to principal. Then the new principal is 9924.65. So the next month, another 30 days with the new per diem of 0.815, the 100 payment is 75.50 in principal 24.50 in interest and so on."


http://memecrunch.com/meme/28J85/good-luck-with-that/image.jpg  Still won't be enough of a discount. Walmart is number 1 for groceries in America with 25% of the lions share - and Millenials prefer Walmart over any other retailer.   Just wait in 2 qtrs, you will see Amazon rush to lower prices even more in order to turn a profit...


"First, your employee needs to work out his contribution limit for the year. Because he was eligible for a few months, his limit will be prorated. See this post for details on how to calculate the prorated limit.  Once he determines his contribution limit, you'll know how much needs to be taken out. You (or he) can do an excess contribution withdrawal to remove the extra contribution without penalty. See this post for more details. If he has already spent some or all of the extra contribution, talk to the HSA custodian. They may be able to reclassify some of his distributions as excess contribution withdrawals. You won't get the money back, but it will avoid the penalty. Your employee would then need to add the extra as ""other income"" on his tax return so he can pay tax on it.  You have until April 15 to remove the excess HSA contributions. If you are unable to do it by then, the penalty to your employee is 6% (Source: Pub 969) on the excess that is not removed, in addition to the income tax."


"> So depending upon location it can be incredibly inexpensive.  Yeah, places where it isn't going to flood.  I have something like $8k flood coverage with $5k deductible on an elevated condo unit, and it is about $450/year. As a city official told me, ""if that place gets flooded, we're all dead."" And yet here I am throwing away money due to shitty regulations."


Price and value are two different things. Price is determined by supply and demand. Value does affect the demand. People are willing to pay more if they value the item more but value is not price.


Depends on your company, I guess, because FP&A in our company doesn't do a significant amount of accounting. Take all of this with a grain of salt because I haven't been in the FP&A group, but if I were to rank how much accounting work is done by each finance group from most to least it would be [insert outsourced AP/AR/etc. here], controllers, tax, finance in the business (like embedded in another group), treasury, FP&A, then trading.  Your company may be different, but in my company the FP&A team isn't really booking entries, even if they're looking into a lot of GL accounts to aid in their work. Are you trying to avoid SAP altogether, or do you want to stop doing research in it, or do you just want to stop booking debits and credits? Because almost every lower level role in finance as a whole is at least going to have the research and data gathering part in system, and that's primarily the extent of what FP&A does as far as their work in SAP. Treasury has more responsibility in SAP/other systems because we actually have to go correct entries or make some payments on occasion.


While there are lots of really plausible explanations for why the market moves a certain way on a certain day, no one really knows for sure.  In order to do that, you would need to understand the 'minds' of all the market players.  These days many of these players are secret proprietary algorithms.  I'm not quibbling with the specifics of these explanations (I have no better) just pointing out that these are just really hypotheses and if the market starts following different patterns, they will be tossed into the dust bin of 'old thinking'. I think the best thing you can explain to your son is that the stock market is basically a gigantic highly complex poker game.  The daily gyrations of the market are about individuals trying to predict where the herd is going to go next and then after that and then after that etc. If you want to help him understand the market, I suggest two things.  The first is to find or create a simple market game and play it with him.  The other would be to teach him about how bonds are priced and why prices move the way they do.  I know this might sound weird and most people think bonds are esoteric but there are bonds have a much simpler pricing model based on fundamental financial logic.  It's much easier then to get your head around the moves of the bond markets because the part of the price based on beliefs is much more limited (i.e. will the company be able pay & where are rates going.)  Once you have that understanding, you can start thinking about the different ways stocks can be valued (there are many) and what the market movements mean about how people are valuing different companies. With regard to this specific situation, here's a different take on it from the 'priced in' explanation which isn't really different but might make more sense to your son: Pretend for a second that at some point these stocks did move seasonally.  In the late fall and winter when sales went up, the stock price increased in kind.  So some smart people see this happening every year and realize that if they bought these stocks in the summer, they would get them cheap and then sell them off when they go up.  More and more people are doing this and making easy money.  So many people are doing it that the stock starts to rise in the Summer now.  People now see that if they want to get in before everyone else, they need to buy earlier in the Spring.  Now the prices start rising in the Spring.  People start buying in the beginning of the year... You can see where this is going, right?  Essentially, a strategy to take advantage of well known seasonal patterns is unstable.  You can't profit off of the seasonal changes unless everyone else in the market is too stupid to see that you are simply anticipating their moves and react accordingly.


"I think the nuance you're introducing here is probably as close as you're going to get to acknowledging Bitcoin's price action isn't ""just"" about ""chinese money"", despite your first comment on the topic.  If you're predicting that Bitcoin's market value will take a hit when China announces restrictions on bitcoin or its surrounding ecosystem, you're spot on. Bitcoin already takes a nosedive whenever China makes a sneezing noise that vaguely sounds like ""bitcoin.""    But high volatility is not the same thing as collapsing. If you're waiting for a bitcoin collapse, don't hold your breath while doing so."


"This article acts like it's the fault of the person for not making enough money to pay for rent, food, insurance, and gas - ""Surely if I just tried hard enough I could make $280,000 a year and put 30% of it into investments.""  No financial software is going to change the labor market."


"All of their recommendations... are about 3 decades too late.  The resistant strains that are currently such a major problem (MRSA, VRSA, VRE, etc) were ""bred"" for the most part back in the 1960's (they actually pre-existed antibiotics, but the use/abuse of antibiotics ""clear the ground"" of other bacteria and allow them to proliferate).  What then happened is that the medical industry engaged in a combination of ridiculously sloppy hygiene (see they didn't need to worry about things like washing hands between patients, because they could always just pump people full of yet another ""wonder drug"" antibiotic) AND they also engaged in ""cover their arse"" denial (and self-delusion) -- which allowed the proverbial monkey to get out of the cage.  Yes, later antibiotic usage in animals to cause inordinate weight gain (really only needed in artificially *confined* animals, who by definition have suppressed immune systems and generally gain weight *slower* than non-confined animals) -- has worsened the situation as far as ANIMAL infections (which despite the scaremongering, seldom crossover into humans) -- but...  The REAL problem with the future viability of antibiotics in human, lies **entirely** at the feet of the medical profession (and this kind of PR attempt to ""blame someone else"" is utter BS)."


Not even close.  PnL is part of the job requirement.  Past performance is not indicator of future results.  Sound familiar?  If you were successful managing a multi-asset 200 mio portfolio making 20-25%/year at Fortress... It will be quite a bit more respected than coming out of some 10 person prop shop on the west coast managing 5mio single asset making 25-30%.    Not to mention just the proximity to the street permits the networking that is most essential for opening these doors in the first place.


"1. ""The search for clean cash"" by David Kaiser:  http://hdl.handle.net/1721.1/106164  2.  ""Science, The Endless Frontier"" by Vannevar Bush, July 1945: https://www.nsf.gov/od/lpa/nsf50/vbush1945.htm and https://www.nsf.gov/about/history/nsf50/vbush1945.jsp  3. Manhattan Project history: #5b and #5c at https://www.reddit.com/r/worldpolitics/comments/5b9bza/the_political_system_of_the_usa_is_characterised/dfztjvv      Source: https://www.reddit.com/r/worldpolitics/comments/5b9bza/the_political_system_of_the_usa_is_characterised/d9mq22q      Via: #1 at https://www.reddit.com/r/worldpolitics/comments/5bpc5x/an_update_for_my_readers_by_peter_levenda/d9q9006 via #26 at https://www.reddit.com/r/Missing411/comments/41oph0/supernatural_abductions_in_japanese_folklore_by/cz3we2z"


"What you said was:  > glad to have people skimming billions of dollars from the economy with exactly zero added value  How is that different from what happens in the absence of algo trading?  Why does ""on the matter of minutes"" matter? Is on the matter of hours acceptable to you?  What I know is that 30 years ago, before the rise of algos, human market makers quoted in 8ths and regularly backed away to quarters. If they sensed some information asymmetry or just didn't like your shop, they might not even pick up the phone. The presence of entities that increase volume and thus price discovery, collapse that spread, encourage competition and innovation is beneficial, unless you're ideal economic model is some slow-moving, $-capturing brokerage oligopoly.  Given that, it's on you to bring forward a model that demonstrates some magical specific sub-daily timing is ok but some other speed is ""bad""."


I have been doing e-filing and I get the return in my account in 10 to 14 days over the past couple of years. It is worth the e-filing cost to get my money back a month faster.


A loan from a bank with no real purpose could be a bad idea and end up costing you more money than it needs to. As someone with a loan and credit card debts accrued over university, I would say avoid it if at all possible. Certainly don't sign up to a large loan if you have no current plans for the money (car, house repair, etc). It sounds as though you're fairly careful with your money, but just want a bit of extra security in case a purchase you didn't account for slips by. If this is the case and you're set on obtaining a source of credit, I'd suggest getting an overdraft if you haven't already. Overdrafts are a lot more flexible, and are better for short term debt that you plan to pay off immediately, such as unexpected charges coming in at the end of the month.  It's worth mentioning that this is from the perspective of a UK banking customer. Overdraft conditions will vary depending on the country.


As the referenced document says, there are 3 formulas, and you need to use the formula which results the greatest margin requirement. In your case, you need to use the 10% formula:


"Bankruptcy is a way to the fiat currency system to regulate itself.  The current system assume that there will always be more debts than money available.  Since money is created with debt already attached to it, the difference between ""real"" money, and ""on paper"" money build up over time.  When this disparity become to big, bankruptcies need to occur to bring those two number closer to each other.    It's like earthquakes if you like, the tectonic plates build up tension that need to be released in many small shocks, or a few big shocks.  The everyday bankruptcies represent the small quakes, and big recession represent too much build up that need to be released in one big shocks.    It's a very high level explanation and it doesn't go into details, but it's roughly why it happens.    EDIT: I wasn't saying that it was bad or not, I was simply explaining bankruptcy and why it's bound to happen.  If you don't like the analogy, it's no reason for downvote.  I know it may not be clear for everyone, but if you do not agree, please explain yourself."


"I work for an international real estate consulting firm in Shanghai. After graduation I worked in their Research Department for two years before switching to Commercial Brokerage 3 months ago.  Since my background was in Economics, I had to learn a lot about how the industry worked. I found this book to be very helpful:  ""Commercial Real Estate Analysis & Investments"" by David Geltner.  I will admit that it's probably more than what you want to know, but it seriously gives an in depth breakdown of the entire industry.   About one year into starting, a major Real Estate iBank commissioned our company to due diligence on an office building acquisition in Shanghai. I was the only person capable of doing it as everyone else was either busy or couldn't speak English properly. With 1 year under my belt in Research and that book, I took the entire thing on. Had to walk into that meeting by myself with all the big wigs from New York, London, Hong Kong and Shanghai questioning every single number and assumption. I fucking nailed it. While credit towards understanding the market through work is deserved, a lot of the development of that report came from constantly consulting that book. It's worth every penny if your interested in commercial real estate investment.  That being said, if you want to track deals, the best place is called Real Estate Capital Analytics. Unfortunately you have to fork over a decent amount of cash to get access. For your situation I would recommend the following:  - ""The Urban Land Institute & PwC Emerging Trends in Real Estate"": I believe you need to be a member but I can always find it online for free.  - Brokerage firms: I work in one and we cover residential, commercial and retail reports on cities throughout the world (I actually wrote the ones for China for two years). You can find a wealth of information in them. If you are seriously looking at buying with capital, call up the research department and ask if they have some time to discuss the market face to face; if you don't have capital, they won't talk to you. Fortunately however, most let you download their reports for free from their website so here's the list of the major ones in the US: CBRE, Colliers, CRESA, Cushman & Wakefield, Jones Lang LaSalle, etc.  - The Loop - www.loopnet.com has a wealth of information from Commercial properties on the market to previous deals.  Please let me know if I can further advise."


In general if there are no transactions for several years a bank will close the account. In my experience they also send at least one warning notice. If they do close the account they send it to the state. Each state has an unclaimed property office. You can contact them regarding the procedure to get the money. If this money was just turned over to the state there may be some lag time before you can get it back. Two notes: the state government doesn't charge a fee to get your money back. Don't pay a company a finder's fee. bank account's owned by minors don't have the same activity requirements as those owned by adults.


"Yeah, I understand that is a nebulous term, akin to stopping ""pork"" in various bills. However, getting back to that Economist article, this really stood out to me:  > America’s corporate tax has two horrible flaws. The first is the tax rate, which at 35% is the highest among the 34 mostly rich-country members of the OECD. Yet it raises less revenue than the OECD average thanks to myriad loopholes and tax breaks aimed at everything from machinery investment to NASCAR race tracks. Last year these breaks cost $150 billion in forgone revenue, more than half of what America collected in total corporate taxes.  I'm not clear on where they got that number, but assuming it is true, there are certainly plenty of places we could start if we were to lower the tax rate to a sane level.   Also, I still don't see how just lowering the tax rate and removing the repatriation tax on foreign earned profit would truly disincentivize inversion. If there are countries like Bermuda still out there with say, random number here, a 5% corporate tax, wouldn't the incentive still exist?"


"Adam Davis's answer is pretty good. However, I think he misses something with regard to the costs of a funeral. According to funeralplanning101.com, a traditional funeral can cost upwards of $15,000. Having just planned and paid for a funeral for an adult, I can assure you that this figure is low. I've heard ""$10,000 - $30,000"", and that seems a reasonable ball-park given my experience. Additionally, grief affects people differently. If your child died, would you be able to continue work afterwards? Most people can, but some people have to take extended leave (generally with no income) because of the emotional impact. Combined, these expenses can easily outstrip the savings for an average family. Almost by definition, insurance is not cost-effective; insurance companies profit by selling it to you, after all. But you may decide that it is appropriate to mitigate your risk by buying insurance. I do not have children and would likely not choose to insure them if I did. Nevertheless, other people may reasonably choose differently."


"Give a poorest person money and they will be pretty much guaranteed to spend it.  This creates demand.  Give a rich person money and what?  It will be preferably used to generate some sort of rent -- that is it will give the rich person more money and give us less; because the price of something we need has gone up.    *edit -- I slogged through every page of ""Wealth of Nations."" Adam Smith spends about half the book talking about the problem of rents.  It seems even truer now."


Another approach, albeit slow:  Buy something that's free after rebate. Upsides:  Low cost.  (Stamps, envelopes) Downside:  Slow, hard to get an exact match on the amount of the card.


That is the standard set by most securities exchanges: T+3 : trades complete three days after the bargain has been struck.


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If you have previously made a contribution during that tax year, you can pull it out and re-add it as often as you need until the deadline for that tax year (April 15 of the following year.) This assumes your gross income isn't high enough to exclude you from eligibility for new contributions--in 2017 the phase-out starts at $118,000 and it is completely phased out at $133,000. Within 60 days of distribution, you can re-contribute up to that amount, but you are only allowed one such 60 day rollover per year.


They would get caught on other crimes, and then rat you out for immunity.  Happened to a lot of people in history.    And your friends are probably unavailable for crime for the same reason you would trust them:  They have values.  For doing crime you would need a definite antisocial streak, and that would imply you would be more likely to betray partners.    Come to think of it, finding trustworthy accomplices would be really difficult unless you have already good connections to the underworld.  People not used to criminal activities probably would do mistakes, or face psychological tension.  And it's not like you could make a craigslist classified and make applicants go through an assessment centre.  If you have close friends who would all be willing to go for it, maybe, but then parting ways might raise suspicion..


"As somebody who just went through making these arrangements, I got the title right away.   I understand is a business, but when you got fees for ""bringing flowers to the grave"" then you know you're in for a scam. Best part is when you tell them, ""well, look, I want the most economical cremation box.""   Yes, we have one that's only 100 dollars, but you're not able to put any engraving on it.   And how much is the one where you can put an engraving on...  oh, those start at 200 dollars, but on those, we can just put the name; people love to put a dedication, and those urns start at 250, and they go up depending on the dedication...blah blah blah....  I mean, wtf; i think we paid 50 bucks to have  a tropy engraved, and you're going to tell me an urn is minimum 200 dollars, and price increases the more text you engrave?   Anyway...yea, is really a fucking pain in the ass to go to these places. Is like buying a car, but man, fucking worse cause you're all stressed out dealing with death and all the family drama. I just wanted to go in, go out. Nope, spent at least 1 an hour trying to get upsells.  And then these assholes tell you, we are very understanding and compassionate, we will help you in makign the right decision. More like, we will try to steer you to make the most expensive arrangement. Bunch of fucking assholes."


If you are freelancing, the best form for you is ITR-4. With this form you can declare your salary income as well as your expenses related to your freelancing.  And you should treat your freelancing income as business. That way you can get max deductions claimed.


I worked in two open office space environments. It is hard to focus when people are eavesdropping in and commenting on your desk conversations and phone calls, and you'd just like privacy to do your work without scrutiny by prying colleagues.  When you are in a coffee shop or coworking space, people have completely different companies or projects to focus on. I'd rather a quiet working space, but I'd also rather coffee shop/coworking over an open office space any day.


They just spun off their consumer credit card portion that handles store charge cards. Synchrony Financial just IPOd, rather quietly (but still the biggest ipo of the year) at that. They've got a ton of money to throw around too.


I think what you're asking is,  Can I buy 1000 shares of the stock at $1.  For $1000.   it goes up to $2, then sell 500 shares of the stock with proceeds of $1000, now   having my original $1000 out of it, and still owning 500 shares.    And that not create a taxable event. Since all I   did was take my cost basis back out, and didn't collect any gains.   And then I want to repeat that over and over. Nope, not in the USA anyway.   Each sale is a separate taxable event. The first sale will have proceeds of $1000 and a cost basis of $500, with $500 of capital gains, and taxes owed at the time of that sale. The remaining stock will have a cost basis of $500 and proceeds of whatever you sell it for in the future. The next batch of stock will have a cost basis of whatever you pay for it.   The only thing that works anything like the way you're thinking, is a Roth IRA...   You can put your cost basis in, pull it back out, and put it back in again, all tax free.   But every time your cost basis cycles in, that counts towed your contribution limits unless you do it fast enough to call it a rollover.


Congrats on making it this far debt free. It is rare, but nice to be in the situation that you are in.  The important thing here is that you want to remain debt free. That's really what the emergency fund is all about: it keeps you from needing to go into debt should something unexpected happen.  You've got 1.5 months worth of expenses saved up, and that's great. If you don't have a family or other responsibilities, that might be enough, but think about this: how are you paying for school, and what would happen if those funds stopped coming in? If you are paying for school out of your own income, what happens if you lose your job? If someone else, perhaps your parents, is paying for school, what happens if they are suddenly no longer able to do so?  While you have extra cash, you want to be saving it up for situations like this.  If I were you, I would build up that emergency fund until it got to the point where it could pay all your expenses and tuition until graduation. Hopefully, you won't need to touch it, but it will be there if you need it.  Since you need to be able to access your money quickly, it is generally recommended to park this money in a savings account, where it is very safe. Mutual funds are a great way to invest, but they are not safe in the short term.  Don't stress out about not being able to start retirement investing just yet. Making sure you can finish school debt free is the best investment you can make right now. After you graduate and land a job, you can start investing aggressively.


Companies will keep their wages as low as possible and would rather sacrifice the quality of people, hiring incapable/ ill-suited people. Then in order to further reduce costs many corporate offices will pass down that payroll needs to be reduced, so those people who couldn't do one person's job then do the job of two or three. Then burn out quickly and the cycle repeats. Been in service too long. You see this everywhere.


It is also possible that the settlement company didn't tell the local government where to send the new tax bill. This would worry me because what else was missed regarding filing the proper documents with the lenders and the local government. It could also be a problem with the local government. Contact the settlement company or your attorney to get the issue resolved. If you owe the money you want to know; if the new owner owes the money they don't want to face a tax lien because the settlement company made a mistake. Generally this is split between the parties based on the number of days each will own the home. At settlement the money should move from one party to the other based on what has been deposited into escrow and when the actual bills are due. For example the payment for the first half of the year due July 1st may be sent in June. If the settlement was in June The new owner would give money to the old owner. But if settlement was in early July Money would move the other way.


They call you because that is their business rules. They want their money, so their system calls you starting on the 5th.  Now you have to decide what you should do to stop this. The most obvious is to move the payment date to before the 5th. Yes that does put you at risk if the tenant is late. But since it is only one of the 4 properties you own, it shouldn't be that big of a risk.


"This is the best tl;dr I could make, [original](https://promarket.org/rise-market-power-decline-labors-share/) reduced by 90%. (I'm a bot) ***** > A new paper argues that the decline of both the labor and capital shares, as well as the decline in low-skilled wages and other economic trends, have been aided by a significant increase in markups and market power.  > A new paper by Jan De Loecker and Jan Eeckhout echoes these results, arguing that the decline of both the labor and capital shares, as well as the decline in low-skilled wages and other economic trends, have been aided by a significant increase in markups and market power.  > In recent years, a growing body of literature has linked the rise of market power to several adverse economic trends, such as the decline in new business start-ups, diminishing competition, and rising income inequality.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6u9l6e/the_rise_of_market_power_and_the_decline_of/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~192969 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*: **Markup**^#1 **Loecker**^#2 **market**^#3 **increase**^#4 **decline**^#5"


If you are the beneficiary of an annuity, you might receive a single-sum distribution when the annuity owner dies. The amount of this death benefit might be the current cash value of the annuity or some other amount based upon contract riders that the owner purchased. The tax on death benefits depends on a number of factors. Death benefits are taxed as normal income. Unlike other investments, the named beneficiary of a non-qualified annuity does not get a step-up in tax basis to the date of death. However, that doesn't mean the beneficiary will have to pay taxes on the full amount. Because the purchaser of the annuity made the investment with after-tax dollars, only the amount attributable to investment income is taxed, but it will be taxed as ordinary income and not enjoy any special capital gains treatment. When there is a death benefit that exceeds the value of the account, that additional amount is also taxed as ordinary income.  Taxes on annuities depend on several circumstances: For more information on distribution of inherited annuities and taxes - go to Annuities HQ-- http://www.annuitieshq.com/articles/distribution-options-inherited-annuity/ they go into details that could help you even more.  One thing that Annuities HQ points out is if you take the lump sum payout, you may be pushed into a higher tax bracket.  Along with doing research I would also contact a financial advisor!


> ...but don't point a gun at someone and just take it.  You ordered government services through elections which included an agreement to pay taxes for them.  Do you also equate paying the check at a restaurant as larceny?


Pretend it was a gift all along, be happy that you could help out your family when they needed it and remember your lesson for the future.


Cap rate includes any interest on the mortgage and not the repayments of the mortgage. Cap rate represents the net income which is the gross rent minus all costs, including the interest on the loan. Mortgage repayments form part of your cash flow calculations not your return calculations. ROI is a calculation which works out your net income over the initial investment you made, which is you downpayment plus costs and not the value of the property.