The main question is, how much money you want to make?  With every transaction, you  should calculate the real price as the price plus costs. For example, if you but 10 GreatCorp stock of £100 each, and the transaction cost is £20 , then the real cost of buying a single share is in fact buying price of stock + broker costs / amount bought, or £104 in this case.  Now you want to make a profit so calculate your desired profit margin. You want to receive a sales price of buying price + profit margin + broker costs / amount bought. Suppose that you'd like 5%, then you'll need the price per stock of my example to increase to 100 + 5% + £40 / 10 = £109.  So you it only becomes worth while if you feel confident that GreatCorp's stock  will rise to that level. Read the yearly balance of that company to see if they don't have any debt, and are profitable. Look at their dividend earning history. Study the stock's candle graphs of the last ten years or so, to find out if there's no seasonal effects, and if the stock performs well overall. Get to know the company well. You should only buy GreatCorp shares after doing your homework.  But what about switching to another stock of LovelyInc? Actually it doesn't matter, since it's best to separate transactions. Sell your GreatCorp's stock when it has reached the desired profit margin or if it seems it is underperforming. Cut your losses! Make the calculations for LovelyCorp's shares without reference to GreatCorp's, and decide like that if it's worth while to buy.


You literally couldn't be more wrong, your links to fake news notwithstanding  Everything the Republicans try to do is meant to hurt people and/or help the wealthy.  That is not the case with the Democrats  The lies like the ones you are trying to spread are intended solely to help the GOP accomplish their goals


i think this argument is the crux of the sharing economy and everything with uber/airbnb. is google responsible for the content of every website it shows in it's search results?  it all depends on what sort of warranties are implied or written in the contracts, what's HP's onsite tech support SLA with the third party?  i'd argue it's not dumb, but one of the most important arguments in business and the economy as a whole at the moment


It could be a sunk cost.  If you buy 5 gallons of vegetable oil it costs $50.  Until you use up all the vegetable oil you dollars are tied up and cannot be spent on popcorn or any other good. So weigh if the convenience is more important than having the cash on hand for other purchases is another factor to consider


>I suspect he would simply cut the minimum wage and unemployment benefits to force Americans to accept lower wage jobs.  Don't give him that much credit. He won't touch either of these entities for several reasons. First, it's political suicide. Second, the Congress would give him a huge headache for even attempting to do this, and they would probably never be able to vote on a bill to send to a President Romney anyhow. Third, there is little evidence to suggest that Romney actually *believes* in wanting to do what he touts in his slimy, disgusting rhetoric. The man has not demonstrated any principle, fortitude, or ideological consistency.  Once Romney sits down at the commander's desk, it will feel just like the Obama administration did, only less funny...


Which is what [flash trading](http://www.investopedia.com/financial-edge/0809/flash-trading-wall-streets-latest-scam.aspx) is for.   edit: I promise you, you could. You would just need a faster line. I promise that's why the NYSE banned it. However, that still doesn't mitigate the problem of creating your own exchange.


You must be thinking about trademarks which can be diluted into general usage, and therefore no longer trademarkable, if not enforced. You can do whatever you want with the use of your patent, including letting everyone else use it without permission.


If you are thinking to buy the Rolex watches in Dubai, then there is one of a trustworthy online shop, i.e. “Mamiya Diamonds”. We cater all the luxury watches of a wide variety of brands, in which all types are included, i.e. new and second hand.


"I would start with VBA for 2 reasons.  - Easy to step through and see what you're doing. - Most financial data is in .xlsx or .csv format already.  VBA will be your friend for a long time. Even ordinary Excel skills will be highly useful.   Once you have the basics down of VBA start exploring other languages based on need. If you are constantly pushing and pulling data maybe SQL will be the next logical choice.  If you are running out of options with the Excel statistical analysis packages then learn R.  Web development? Javascript.  Algorithmic trading? Python, C or C++.  what's more, I find learning another language really helps develop your VBA skills. I never really saw the value of ""Do"" loops until I started learning Python where it is necessary."


How do I start? (What broker do I use?) We don't make specific recommendations because in a few  years that might not be the best recommendation any more. You are willing to do your own research, so here are some things to look for when choosing a broker: What criticism do you have for my plan? Seeking dividend paying stock is a sensible way to generate income, but share prices can still be very volatile for a conservative investor. A good strategy might be to invest in several broad market index and bond funds in a specific allocation (for example you might choose 50% stocks and 50% bonds).  Then as the market moves, your stocks might increase by 15% one year while bonds stay relatively flat, so at the beginning of the next year you can sell some of your stocks and buy bonds so that you are back to a 50-50 allocation. The next year there might be a stock market correction, so you sell some of your bonds and buy stock until you are back to a 50-50 allocation. This is called rebalancing, and it doesn't require you to look at the market daily, just on a regular interval (every 3 months, 6 months, or 1 year, whatever interval you are comfortable with). Rebalancing will give you greater gains than a static portfolio, and it can insulate you from losses when the stock market panics occasionally if you choose a conservative allocation.


You are not required to file a tax return in Canada if you have no taxable income. If you do not file a return you may be requested to by Canada Revenue Agency, and then you'll need to file one. There are hundreds of thousands of Canadian residents who do not file tax returns. The Minister who overlooks the CRA may assess any amount of taxes on any resident whether they file a return or not. There are penalties for failing to file a return or filing late. The penalties are based on a percentage of the taxes owed. If you owe no taxes, then the penalties are meaningless.


It's impossible to know for sure, which I'm sure you know, but paying these large debts all at once will leave very little assets in comparison to what they had.    Issuing new shares like this is called dilution which means the price will be forced downward because the same (or in this case less) net earnings must be divided by more shares outstanding. A secondary offering almost always lowers stock price.   http://wiki.fool.com/What_Happens_to_the_Share_Price_When_New_Shares_Are_Issued%3F


Posts Tagged ‘norton scientific scam fraud warning reviews’  Norton Scientific Reviews: Scammers’ Valentine Treat  A global security company issued a scam warning against spam messages with catchy subject lines for Internet users this Valentine’s season.  Users must be extra careful in opening messages in their email accounts especially during the holidays as they can receive spam mails meant to get their attention and steal their personal data.  One such scam warning issued by an antivirus company describes email messages that invites users to buy a gift for his/her loved one for Valentine’s using an attached discount coupon from Groupon.  Even though the proliferation of coupon services is not totally an illegal method, their popularity comes with the risk of being used in phishing attacks.  Phishing can be done by sending a massive amount of email messages asking people to enter their details on a bogus website — one that looks very similar to the popular auction sites, social networking sites and online payment sites. They are designed to obtain personal details like passwords, credit card information, etc.....  Norton Scientific Reviews: Symantec source code leaked by hackers  A group of hackers who call themselves the Lords of  Dharmaraja, (and is associated with Anonymous) have published the source code of Symantec, a digital security firm know for the Norton antivirus program and pcAnywhere, raising concerns that others could exploit the security holes and try to control the users computer.  The release of the source code came after the ‘extortion’ attempt failed as Symantec did not comply with their numerous deadlines.  Negotiations through email messages between a representative of the hacker group, YamaTough, and someone from Symantec were also released online. The exchange of messages are about Symantec’s offer to pay USD 50,000 for the hackers to stop disclosing the source code and announce to the public that the whole Symantec hack was a fake, which made them a subject of mockery for appearing to buy protection.  Both sides admitted that their participation was just a trick......


It costs them more to make the screens with more pixels. Let's say I usually pay you 10$ for something that cost you 5$ to make. Now I pay you 20$ for something that costs you 18$ to make.  Sure you get 20$ instead of 10$, but your profit per item went from 5$ down to 2$. Same thing here, the screens with 4x the pixels costs much more than the original screens. Apple paid slightly more for them, but not enough to keep the profit margin.


Fair enough. If you have specific milestones to hit, you gotta hit them. My recommendation is just to make sure you have a specific plan based on what has worked for your peers. Don't let recruiting just happen to you, drive it in your own chosen route. Best of luck in the coming recruiting cycle!


If you are absolutely sure you will need the money in the next year or so I wouldn't do it just because of the hassle.  If you think you might not need to use the money then I would go ahead and fund a Roth IRA for the simple reason that you can get your contributions (NOT earnings on those contributions.) back without paying any penalties if you do end up needing them.  A good summary of the rationale can be found at My Money Blog's Roth IRA Contribution vs. Emergency Fund Savings


"They do but you're missing some calculations needed to gain an understanding. Intro To Stock Index Weighting Methods notes in part: Market cap is the most common weighting method used by an index.   Market cap or market capitalization is the standard way to measure the   size of the company. You might have heard of large, mid, or small cap   stocks? Large cap stocks carry a higher weighting in this index. And   most of the major indices, like the S&P 500, use the market cap   weighting method. Stocks are weighted by the proportion of their market cap to the total   market cap of all the stocks in the index. As a stock’s price and   market cap rises, it gains a bigger weighting in the index. In turn   the opposite, lower stock price and market cap, pushes its weighting   down in the index.  Pros Proponents argue that large companies have a bigger effect on the   economy and are more widely owned. So they should have a bigger   representation when measuring the performance of the market. Which is   true. Cons It doesn’t make sense as an investment strategy. According to a market   cap weighted index, investors would buy more of a stock as its price   rises and sell the stock as the price falls. This is the exact   opposite of the buy low, sell high mentality investors should use. Eventually, you would have more money in overpriced stocks and less in   underpriced stocks. Yet most index funds follow this weighting method. Thus, there was likely a point in time where the S & P 500's initial sum was equated to a specific value though this is the part you may be missing here. Also, how do you handle when constituents change over time? For example, suppose in the S & P 500 that a $100,000,000 company is taken out and replaced with a $10,000,000,000 company that shouldn't suddenly make the index jump by a bunch of points because the underlying security was swapped or would you be cool with there being jumps when companies change or shares outstanding are rebalanced? Consider carefully how you answer that question. In terms of histories, Dow Jones Industrial Average and S & P 500 Index would be covered on Wikipedia where from the latter link: The ""Composite Index"",[13] as the S&P 500 was first called when it   introduced its first stock index in 1923, began tracking a small   number of stocks. Three years later in 1926, the Composite Index   expanded to 90 stocks and then in 1957 it expanded to its current   500.[13] Standard & Poor's, a company that doles out financial information and analysis, was founded in 1860 by Henry Varnum Poor. In   1941 Poor's Publishing (Henry Varnum Poor's original company) merged   with Standard Statistics (founded in 1906 as the Standard Statistics   Bureau) and therein assumed the name Standard and Poor's Corporation.   The S&P 500 index in its present form began on March 4, 1957.   Technology has allowed the index to be calculated and disseminated in   real time. The S&P 500 is widely used as a measure of the general   level of stock prices, as it includes both growth stocks and value   stocks. In September 1962, Ultronic Systems Corp. entered into an agreement   with Standard and Poor's. Under the terms of this agreement, Ultronics   computed the S&P 500 Stock Composite Index, the 425 Stock Industrial   Index, the 50 Stock Utility Index, and the 25 Stock Rail Index.   Throughout the market day these statistics were furnished to Standard   & Poor's. In addition, Ultronics also computed and reported the 94 S&P   sub-indexes.[14] There are also articles like Business Insider that have this graphic that may be interesting: S & P changes over the years The makeup of the S&P 500 is constantly changing notes in part: ""In most years 25 to 30 stocks in the S&P 500 are replaced,"" said   David Blitzer, S&P's Chairman of the Index Committee. And while there   are strict guidelines for what companies are added, the final decision   and timing of that decision depends on what's going through the heads   of a handful of people employed by Dow Jones."


In this day and age, online shopping has become a huge business, with more and more customers across the globe turning to the online sites to buy different types of products, equipment etc.  This is particularly the case in those places where e-commerce is taking hold over the means people shop.


Watch prices *not* rise because Target retail employees don't manufacture the product.  Their wages do not affect the prices on the shelves as much do Target's shelf gatekeepers.  Even if Target paid their hourly employees $30/hr the price of Heinz baked beans would be $2.


If past is prologue, I'd say $20, give or take, inflation adjusted of course. http://www.antagoniste.net/WP-Uploads/2007/01/oil_prices_1861_2006.jpg If supplies are at nightmare oversupply, say, as an absurd unlikely scenario, 82 year high in US oil supplies or an all time record in EIA weekly inventories, it looks like the oil price could be capped at the cost of oil sands:  This one's just plain scary.  Unless if there were some changes refinery laws or technology that I'm not aware of, refineries cutting 50% of the retail gasoline volumes looks bad:


The markets are based on a growing population, so yes, revenue growth is possible to continue alongside that into perpetuity.    I know this subreddit is known for their lack of actual basic business foundations, but jesus christ.


Youre assuming that GDP shows the amount of wealth created and is an indicator of the standard of living, but it is not. Govt spending adds to gdp but takes away from the productive capabiliies of the private sector, which is the part of the economy that is making things that people want and need. The govt can spend 1 trillion on building a monument to obama, and that would increase gdp by 1 trillion, but no wealth is created and the govt jut shift a trillion of tax revenues to the workers who built the monument. If a company spends 1 trillion building building some new gadget, then the people who spend money to buy i have something to show for it and the workers have their wages as well. So now the company makes back 1.2 trillion and the consumers have their gadget, ie real wealth has been created.   The wealthy may be sittin on hoards of cash, but its not just sitting under their mattress. Its spread out between investments and savings. Savings is neccessary to build up productive capabilities. The money the rich have sitting in banks is being used to help other businesses grow, not just collecting dust. I wish it were as simple as giving every poor person 10 grand and watching the economy take off, remember when bush gave everyone a 1000 tax refund? It sure was fun blowing that on a ps3, i cant argue with that. But prosperity can not be printed, it must be earned through hard work and productive activity. What we need is not monetary stimulus, we need the govt to stop destimulating the private sector with burdensome regulations and taxes. We need lower barriers to entry so we maximize competition in every industry. We need the govt spending less, and pushing more workers into the private sector, making things that american can get some utility from. Its not going to be a smooth ride getting there, there will be lots of lay offs in the short run as the economy restructures. But if the govt got out of the way and let the free market prosper, our society would be far better off in the future


It depends on your bank and the details in the agreement, but typically, interest is calculated daily. So if you borrow 1000 EUR for 1 day, you pay 15% * 1000 EUR * 1/360 = 42 Cent (41.666667 cent to be exact). You can simply multiply these 42 cent up with the number of days you plan and the number of 1000s EUR. Note that weekend days count too, even if you cannot pay them back on the weekend. The exact value will be very slightly different, as the interest is added monthly to the principal, and there is compound interest on the interest. Banks also often consider all months 30 days long for interest calculations.


Advances in safety technology over the past 30 years have nothing short of incredible. Almost every automobile put on the market today goes through tough safety screening processes.   Cars that win high stars in safety are often marketed based on safety. A large part of the safety rating of a car is based on the number and the efficacy of airbags.   But while airbags have saved countless lives since their inception, there are a number of cars on the market with faulty airbags that can occasionally cause harm rather than protect drivers and passengers.


Yes you should invest; and yes you should save for the house down payment. These should be two separate pools of money and the goals and time frames for them are different. With a 3 year time frame for the down payment on the house, the risk you should accept should be essentially zero. That means it is less of an investment and more plain vanilla savings account, or maybe a higher interest account, or a CD. The worst thing to have happen would be to try and save for the house while the value of your investment keeps dropping.  You have to decide how to allocate your income between retirement accounts and saving for the house, while still meeting all your other obligations. The exact balance depends on how much you need to save for retirement, and things such as rules for the company match.


Supplier of Ramming mass in India http://quartzpowdermanufacturers.com/supplier-of-ramming-mass-in-india.php Shri Vinayak Industries is a very well acknowledged name in the field of supplier and manufacturer of Ramming Mass, Quartz Powder, Quartz grit, and Talc Powder minerals. We supply our product mainly in Vietnam, South Korea, UAE, Malaysia, Taiwan, Thailand, Saudi Arabia, and Indonesia. We produce high quality and purest form of Ramming Mass. Acidic Ramming Mass and Silica Mix are the synonyms of Silica Ramming Mass. Our Ramming Mass is a derivative of super snow white silica crystalline quartz having large percentage of Silica and manufactured under strict quality control parameters.


"From the page you referenced, first click the link ""EI premium rate and maximum"". There you'll find the calculation itself, but not the percentage rate. Then from that page, near the bottom, click the link ""EI premium rates and maximums"". It's almost the same title as the prior page, so a little confusing, but that pluralized version has the data you were looking for. Partial quote:  The same rates are applied across Canada, except in the province of Quebec. That province has a different set of rates because they administer their own Parental Insurance Plan. In particular, self-employed workers in Quebec can opt into QPIP (even if they wouldn't qualify to participate in EI) and potentially collect parental benefits. Typical non-self-employed workers in Quebec pay into both EI (at the reduced rates for Quebec) as well as QPIP."


"To avoid nitpicks, i state up front that this answer is applicable to the US; Europeans, Asians, Canadians, etc may well have quite different systems and rules. You have nothing to worry about if you pay off your credit-card statement  in full on the day it is due in timely fashion. On the other hand, if you routinely carry a balance from month to month or have taken out cash advances, then making whatever payment you want to make that month ASAP will save you more in finance charges than you could ever earn on the money in your savings account. But, if you pay off each month's balance in full, then read the fine print about when the payment is due very carefully: it might say that payments received before 5 pm will be posted the same day, or it might say before 3 pm, or before 7 pm EST, or noon PST, etc etc etc. As JoeTaxpayer says, if you can pay on-line with a guaranteed day for the transaction (and you do it before any deadline imposed by the credit-card company), you are fine.  My bank allows me to write ""electronic"" checks on its website, but a paper check is mailed to the credit-card company. The bank claims that if I specify the due date, they will mail the check enough in advance that the credit-card company will get it by the due date, but do you really trust the USPS to deliver your check by noon, or whatever? Besides the bank will put a hold on that money the day that check is cut. (I haven't bothered to check if the money being held still earns interest or not).  In any case, the bank disclaims all responsibility for the after-effects (late payment fees, finance charges on all purchases, etc) if that paper check is not received on time and so your credit-card account goes to ""late payment"" status.  Oh, and my bank also wants a monthly fee for its BillPay service (any number  of such ""electronic"" checks allowed each month). The BillPay service does include payment electronically to local merchants and utilities that have accounts at the bank and have signed up to receive payments electronically. All my credit-card companies allow me to use their website to authorize them to collect the payment that I specify from my bank account(s). I can choose the day, the amount, and which of my bank accounts they will collect the money from, but I must do this every month. Very conveniently, they show a calendar for choosing the date with the due date marked prominently, and as mhoran_psprep's comment points out, the payment can be scheduled well in advance of the date that the payment will actually be made, that is, I don't need to worry about being without Internet access because of travel and thus being unable to login to the credit-card website to make the payment on  the date it is due. I can also sign up for AutoPay which takes afixed amount/minimum payment due/payment in full (whatever I choose)  on the date due, and this will happen month after month after month  with no further action necessary on my part.  With either choice,  it is up to the card company to collect money from my account on the day specified, and if they mess up, they cannot charge late payment fees or finance charge on new purchases etc.  Also, unlike  my bank, there are no fees for this service. It is also worth noting that many people do not like the idea of the credit-card company withdrawing money from their bank account, and so this option is not to everyone's taste."


"I once went to Walmart to buy an iPod touch. The price on the site was the same as on Amazon, and I figured getting it that day would be worth the extra money paid to sales tax.   When I got there and went to the Electronics checkout, I found that it was 10-15% more than Amazon's price. I pointed out that the website had it for less, and he said ""They have to compete with Amazon and such, so it's cheaper online.""  I went home and ordered it from Amazon."


Million of people uses computer a day. In those of people, few are knows how to keep their computers smooth, fast and reliable. For these reason they daily open their pc and annoys on it that why it is so slow?


I would recommend getting a used set of Chartered Financial Analyst books.  The series is a great broad introduction to the most important aspects of investing and the markets.  Combining both day-to-day knowledge and fundamental theory. CFA materials include in depth discussions of: After you have a strong base then stop by quant.stackexchange and ask about more specialized books or anything else that interests you.  Have fun with your journey.


"One big thing to consider is that ""financing"" (whether equity or debt) is not always available when you want it.  Examples:   * Dot-coms - Tech related companies were famous for their IPOs and raised tons of equity from the public market.  Post-bust the tech IPO market absolutely crashed for years [(example source)] (http://www.renaissancecapital.com/ipohome/press/ipofilings.aspx)  * Aircraft financing - EU banks used to do a ton of lending on aircraft (Boeing/Airbus) but after their financial crisis the market dried up [(example source)] (http://www.boeingcapital.com/cafmo/2013/brochure.pdf)  A lot of financing is about timing or paraphrasing my MBA professor - get financing when you can, not when you need it."


There were a couple key differences between Keurig and Juicero.  * Keurig was going after a piece of a much larger pie. Most homes and offices have a coffee maker. A few homes and almost no offices have a juicer. * Keurig got a big boost from the office market. Much passive aggressive ink has been spilled over office coffee makers. Maintaining  one is a huge chore no one wants to do, and everyone complains that whoever made the last pot of coffee did it wrong. Keurig let everyone have the coffee flavour they like and ended the debate about when to start another pot. I've never heard of an office juicer, so Juicero didn't have that initial market to introduce people to their product.  * Keurig isn't that expensive. Keurig kept their prices low enough that people saw the premium as a reasonable convenience fee. Juicero went straight into luxury status symbol territory with their prices. * Keurig got people hooked, and then started the shady DRM. Juicero started off with the shady DRM.


Well, yeah.  Costco sells items in bulk, Whole Foods does not.  A better comparison would be Whole Foods against Aldi, Albertson's, Smith's, Vons, WinCo, etc.  These are the companies that sell groceries in similar sizes, but perhaps of lower quality.


You might investigate Paypal if it is available to both of you.  the International Transfers page on their site has a way to find out what sort of fee's they would charge you.   It might be a lot simpler and easier than doing wire transfers or dealing with banks etc.


"> this should 100% be an opt-in  That goes for all this tracking stuff: if it is clear opt-in, it's fine.   The tricky part is that when we opt in we often tend to think, ""oh, they're using this to do X to do [some reasonable/benign/positive thing].""   Once you've agreed, though, they can use it for whatever they want, often in ways that you'd never even imagine. :("


In the United States most residential real estate transactions employ a title company to process all the paperwork and transfer all the funds. Some paperwork has to be filed with the local government, but they also have to deal with the banks/mortgage companies on the two ends of the transaction. At closing both parties will sign a ton of paperwork all of which was coordinated by the title company. As for the funds: The buyer will write a check; the lender will send over the loan commitment papers for the rest of the money.  How much money: that depends on the purchase price, the deposit, the down payment, the taxes and fees, an other closing costs they are responsible for (initial escrow, inspection, title insurance...).  The seller hopefully doesn't have to write a check, but if they underwater they will have to bring funds to closing. From the incoming funds the title company will send money to the old lender, the real estate agents, the local government to record the deed.  The sellers escrow money with the old lender may end up being sent back to the seller or some of the funds could be transferred to the buyer to help cover the portion of the real estate taxes. From the perspective of the buyer they will only write two checks (one at the start of the process for the deposit, and one on closing day for their portion of the transaction. The seller will hopefully walk away with a check. Of course determining if they will owe taxes for the transaction depends on a lot more information.


Car clubs are designed for your use case.  They (are supposed to) feature (some or all of) local 24 hour availability; hourly rates for things like big shopping trips; whole-weekend use; insurance isn't your problem. If one is available in your area it's well worth a look.  You may find that for longer trips a conventional hire is cheaper, but membership fees can be low (another variable between schemes is the tradeoff between the membership fee and the per-use fees).


Our mortgage provider actually took the initiative to send us a refinance package with no closing costs to us and nothing added to the note; took us from a 30-year-fixed ~6.5% note to a 15-year-fixed ~5% note, and dropped the monthly payment in the process.  You might talk to your existing lender to see if they would do something like that for you; it gives them a chance to keep your business, and it cuts your costs.


Reasons to pay with cash Reasons to borrow Things to watch out for


Most ag jobs in grain farming regions are operating heavy machinery. It's a very different, and much higher skilled job than most fruit picking jobs. In this case farmers have to compete against the wages offered by the construction industry for machinery operators.


"This is yet another in a long series of ""stop whining, the economy is fine"" articles.  It's a lie.  The economy is not fine.   There are good points in the article and it is important to not be misled by bad statistics, but he works hard to pretend that there are not problems in places where those problems are evident in the statistics.   He claims that falling labor force participation rate is because the statistics don't adjust to an increasing percentage of retirees, but everyone I know talks about the 25-54 statistics, in which retirement is negligible.  When you compare those to overall numbers, it shows big problems in the 25-54 numbers, and that people over 54 are working more and longer than they used to, not retiring sooner, an indication that they can't afford retirement.  He claims stagnation in median household income is misleading  because of a 5% drop in hours worked, which is completely bogus given the scale of the difference we're talking about.  Then he dismisses the disconnect between productivity and median wages by claiming that it's inappropriate to compare an average with a median, despite the fact that that's exactly what inequality is."


But investing into your own company is already a tax deductible event. Expenditures like Research & Development, employee compensation, and acquiring new equipment are all things that reduce taxable income.  https://www.usatoday.com/story/money/markets/2016/05/20/third-cash-owned-5-us-companies/84640704/  > Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Cisco Systems (CSCO) and Oracle (ORCL) are sitting on $504 billion, or 30%, of the $1.7 trillion in cash and cash equivalents held by U.S. non-financial companies in 2015, according to an analysis released Friday by ratings agency Moody's Investors Service.  That's even more cash concentration than in previous years, as these five companies held 27% of cash in 2014 and 25% in 2013. Apple alone is holding more cash and investments than eight of the 10 entire industry sectors.  1/3 of all dollars created by the US Federal Reserve banking system (physically minted or otherwise) is collectively held by 5 companies. Companies exist to accumulate wealth and will seek to avoid unnecessary expenditures, which includes taxes.  The corporate income tax rate is 35%. For individuals, the top income tax bracket (for every dollar of income above $400,000) is 39.6%.  I argue that dropping the top individual income tax bracket down to 34% will not materially affect these companies (paying 35% income tax) from continuing to just sit on a ludicrous sum of wealth.


"A minor tangent. One can claim the S&P has a mean return of say 10%, and standard deviation of say 14% or so, but when you run with that, you find that the actual returns aren't such a great fit to the standard bell curve. Market anomalies producing the ""100-year flood"" far more often than predicted over even a 20 year period. This just means that the model doesn't reflect reality at the tails, even if the +/- 2 standard deviations look pretty. This goes for the Black-Sholes (I almost abbreviated it to initials, then thought better, I actually like the model) as well. The distinction between American and European is small enough that the precision of the model is wider than the difference of these two option styles. I believe if you look at the model and actual pricing, you can determine the volatility of a given stock by using prices around the strike price, but when you then model the well out of money options, you often find the market creating its own valuation."


You have no idea what you're talking about.  Walmart pays double the taxes that it's employees get from the government.  If they didnt pay taxes, you would make sense. Unfortunately, they do and you don't.   Your argument is bad and you should feel bad.


In many countries in Europe the prices shot through the roof, so it is not all positive. Also the switching country gives out lot of monetary control that is not welcomed by many.  I think that UK is not going to change to euro for a long long time.


it just goes to say that you need the services of a reliable and competent transmission repair service. No matter what kind of vehicle it is, you must ensure that its transmission system is at its best for your safety on the road. If your in Las Vegas, try visiting carrepairvegas.com at 5400 E Tropicana Ave, Las Vegas, NV 89122 or call for inquiries at 702-433-5823. Website:  http://carrepairvegas.com/tag/transmission-repair-las-vegas/


one thing that would push me to agree to the delivery service is if they bring the bags right into my kitchen.  I don't want to do a hand off at the door of load after load of bags  also, at the store, I put like items on the belt so all the cold stuff is grouped, meat group, dairy group etc and my fruits and veggies grouped.  point is, I want it BAGGED that way so getting home I can prioritize cold over dry.  wonder if Bezos thought of that one ! :-)


You are expecting, that if you pay off a 30 mortgage after 16 years, you should be charged the same amount of interest as someone who had a 16 year mortgage for the same amount and with the same interest rate. This isn't correct, and here's why: the person with the 16 year mortgage paid it off faster than you. They paid more each month and the size of their loan shrunk faster than yours. After 15 years they had paid off a LOT more than you. You paid a lump sum after 16 years, but at this point, the extra money which they had paid had been in the banks hands for a long time. You caught up with them then, but you had been behind them for all of the previous years. On the other hand, you owed the same amount in each of those years as the person who took out a 30 year mortgage and didn't prepay. Therefore you paid the same amount of interest as this person, not the first person. If you could arrange in advance a loan where you made the same payment as you did for 16 years, then paid the balance in a lump sum, then you would have paid exactly what you did.


The signal to noise/nonsense ratio in all of Taibbi's articles is absurdly low. It doesn't belong in r/finance.  There will always be a better article on any topic he touches on (such as this [outdated one](http://www.bondbuyer.com/issues/121_73/muni-ge-unit-exec-bid-rigging-trial-1038622-1.html) I just googled which gets to the point of what happened far more quickly).


Financial advisers like to ask lots of questions and get nitty-gritty about investment objectives, but for the most part this is not well-founded in financial theory.  Investment objectives really boils down to one big question and an addendum.  The big question is how much risk you are willing to tolerate.  This determines your expected return and most characteristics of your portfolio. The addendum is what assets you already have (background risk).  Your portfolio should contain things that hedge that risk and not load up on it.  If you expect to have a fixed income, some extra inflation protection is warranted.  If you have a lot of real estate investing, your portfolio should avoid real estate.  If you work for Google, you should avoid it in your portfolio or perhaps even short it. Given risk tolerance and background risk, financial theory suggests that there is a single best portfolio for you, which is diversified across all available assets in a market-cap-weighted fashion.


"You are spreading misinformation and propaganda in the form of ""knowledge"" which is why you should provide evidence for your claims.   The argument that ammonia is ""natural"" is ridiculous.   A lot of things are natural will kill you in small amounts.   You don't go into detail for your claims other than to act like people who don't want ammonia added to their meat are dumb and uninformed. Why don't tell us how much ammonia is okay? Should we just trust these corporations that everything they do is good for us?  You can spout your opinions on food where ever you want, but you are just as big an intellectual fraud as the people who avoid gluten and don't know what it is."


Unless you think it's likely that you'll move back soon, this is probably not the best way to get experience as a landlord. You might want to talk to a property management company and look at the fees they would charge to do your job as landlord. You should also consider that your mortgage may require you to occupy the house for a certain amount of time. Mortgages for non-owner-occupied properties usually have a higher interest rate and vetting criteria are more strict.


"First, I'm not a CPA or international tax accountant; my entire understanding of the French tax system is entirely from what I've read in places like the WSJ, Barrons, WaPo, etc.   However, ***my understanding*** is that French tax law works something like this. Let's say France has a tax rate of 35%. First, it must be assessed where the controlling entity is. In this case, if the majority of production and labor, or if the corporation is primarily based in France, it would proceed as follows. Taxes are initially paid based on transfer pricing to the original local entity (this avoids ""double taxation""). So in the example above, you would pay 10% to India on the $3,000,000 in profits ($300,000). You would then reduce the 35% French tax rate by the 10% already paid. This means you would pay an additional 25% to France ($750,000). The premise is that you have an effective ""minimum"" tax threshold for being in France. In the case above, companies like GE would have to pay the difference (this doesn't get into tax breaks/shelters on previously recorded losses, etc.).   Again, ***I AM NOT SURE ON THIS***. This is my basic understanding and am by no means a tax accountant/lawyer/etc. From what I understand; however, this hasn't necessarily been a good thing for France either (California is likely a similar case study with the Unitary return requirement). The fact is the world is very global nowadays. Its easier and cheaper for the companies to just leave instead of being forced to pay higher taxes...  IMO, Germany hit it right on the head. Low corporate tax rates with high personal tax rates. This maintains a very business friendly environment (business move there because of the skilled labor and low corporate taxes), but they effectively pass the burden on to individuals (who also benefit from the pro-business environment). You'd be hard pressed to find an economist that doesn't think Germany's economy has been very strong over the past decade (very good Soros speech that was recently posted about his analysis of the Euro and Germany's unfair benefits, but that's a whole different gear).   What I find the issue to be is the whole concept is complex enough that's difficult to explain to the average person with a 2 second attention span. That's why I like writing posts like this, to try to help people understand how finance and businesses operate behind the scenes!"


Если вы знаете сумму месячного розничного торгового оборота своей страны и готовы иметь маленький процент от огромного количества транзакций ежедневно совершаемых каждым человеком на этом рынке. Если вас интересуют, а главное если вы готовы к серьезным доходам. Если вы ищете перспективный и трендовый бизнес с минимальными вложениями, работающий в реальном секторе экономики. Который может обеспечить вас пассивным доходом на всю жизнь. Вы в нужном месте и в нужное время Посмотрите рекламный ролик, самой инновационной компании. ✔ https://www.youtube.com/watch?v=QojWv4lYOnc   #Belov_Alexandr #Flexkom #Трианекс #флекском #mcommerce #млм #бизнес #Trianex #франшиза #cashback


First, the stock does represent a share of ownership and if you have a different interpretation I'd like to see proof of that. Secondly, when the IPO or secondary offering happened that put those shares into the market int he first place, the company did receive proceeds from selling those shares. While others may profit afterward, it is worth noting that more than a few companies will have secondary offerings, convertible debt, incentive stock options and restricted stock that may be used down the road that are all dependent upon the current trading share price in terms of how useful these can be used to fund operations, pay executives and so forth. Third, if someone buys up enough shares of the company then they gain control of the company which while you aren't mentioning this case, it is something to note as some individuals buy stock so that they can take over the company which happens. Usually this has more of an overall plan but the idea here is that getting that 50%+1 control of the company's voting shares are an important piece to things here.


>Ingratiate yourself, build up a history  Why do people think this is necessary? Nobody is going to care what your reddit history is unless you are one of the very few accounts with actual name recognition.  If I see a post about a product I'm not going to check the poster's karma to see if it is worth checking out. Who does that?


Thanks! I will admit the past few weeks were tough but yesterday when I was craving a fresh salad and fruit instead of stead and sausage it felt pretty good. Plus the health benefits from a plant based diet are just ridiculous.


The government is by the boomers for the boomers.  They're in senior management.  Gen X is middle management.  And Gen Y is just starting out.  The boomer generation is going to do what it thinks benefits the boomer generation.  If it means re-inflating housing market so boomers can unload or reverse-mortgage their house for retirement, so be it.


It is important for you to understand the calculus of the situation, while the Orange buffoon prances around in front of the world keeping people suitable entertained, a deeper and darker agenda is at play in the back ground.  It is not America first or the American people first, it is the Israeli agenda first and Israeli control of the US government and economy that is at play here, this is not a conspiracy or some tall tale, it is a simple statement of fact now and common knowledge.  Jokes aside, Nathanyahu is now permanently infesting Donald Trumps rectum and calling the shots.  The is only one way, Donald Trump can free himself of this infestation and free America and the American People from this Israeli Parasitic grip.  I am afraid you are going to have to go nuclear, you can have a nuclear bomb and still hug the trees and hump the whales . . .but if you don't have a nuclear bomb, it will not be too long before you become a terrorist state and are a threat to Israel's survival and must be wiped off the face of the earth.  You are never going to be part of the EU and always a second rate citizen in NATO and will end up going the way of Afghanistan, Libya, Iraq, Syria and Iran  Nuke up . . .Protect yourself


The basic problem here is that you need to have money to invest before you can make a profit from it.  Now if you have say $500K or more, you can put that in mutual funds and live modestly off the profits.  If you don't have that $500K to start out with, you're either looking at a long time frame to accumulate it - say by working a job for 30+ years, and contributing the max to your 401k - or are playing the market trying to get it.  The last is essentially gambling (though with somewhat better odds than casinos or horse racing), and puts you up against the Gambler's Ruin problem: https://en.wikipedia.org/wiki/Gambler's_ruin You also, I think, have a very mistaken idea about the a typical investor's lifestyle.  Take for instance the best known one, Warren Buffet.  No offence to him, but from everything I've read he lives a pretty boring life.  Spends all day reading financial reports, and what sort of life is that? As for flying places being exciting, ever tried it?  I have (with scientific conferences, but I expect boardrooms are much the same), and it is boring.  Flying at 30,000 ft is boring, and if it's a commercial flight, unpleasant as well.  A conference room in London, Paris, or Milan is EXACTLY the same as a conference room in Podunk, Iowa.  Even the cities outside the conference rooms are much of a muchness these days: you can eat at McDonalds in Paris or Shanghai.  Only way to find interest is to take time from your work to get outside the conference rooms & commercial districts, and then you're losing money.


>(if that is his real name)  Haha, thanks for having a sense of humor. I suppose I was needlessly rude above because that particular unfounded assumption must activate my logic Nazi.   I've had accounts for close to 5 years, but you wouldn't know it by looking at the *MyLoginName* account.


Get in touch with a reliable company if you are looking for a range of small business financing solutions. Such companies offer consolidation loans to help smaller businesses take care of their previous obligations and this way manage their finances better


In my opinion, the average investor should not be buying individual stocks. One reason why is that the average investor is not capable of reading financial statements and evaluating whether a stock is overpriced or underpriced. As such, they're often tempted to make buy/sell decisions based solely on the current value of a stock as compared to the price at which they bought it. The real reasons to buy (or sell) a stock is the expectation of future growth of the company (or continued profit and expected dividends). If you aren't able to analyze a company's financial statements and business plan, then you really aren't in a position to evaluate that company's stock price. So instead of asking whether to sell based on a recent drop in stock price, you should be investigating why the stock price is falling, and deciding whether those reasons indicate a trend that you expect to continue.  If you buy and sell stocks based solely on recent trends in the stock price, you probably will end up buying stocks that have recently risen and selling stocks that have recently fallen. In that case, you are buying high and selling low, which is a recipe for poor financial outcomes.


"I have an answer and a few comments. Back to the basics:  Insurance is purchased to provide protection in case of a loss. It sounds as though you are doing well, from a financial perspective. If you have $0 of financial obligations (loans, mortgages, credit cards, etc.) and you are comfortable with the amount that would be passed on to your heirs, then you DO NOT NEED LIFE INSURANCE. Life insurance is PROTECTION for your heirs so that they can pay off debts and pay for necessities, if you are the ""bread-winner"" and your assets won't be enough. That's all. Life insurance should never be viewed as an investment vehicle. Some policies allow you to invest in funds of your choosing, but the fees charged by the insurance company are usually high. Higher than you might find elsewhere. To answer your other question: I think NY Life is a great life insurance company. They are a mutual company, which is better in my opinion than a stock company because they are okay with holding extra capital. This means they are more likely to have the money to pay all of their claims in a specific period, which shows in their ratings: http://www.newyorklife.com/about/what-rating-agencies-say Whereas public companies will yield a lower return to their stock holders if they are just sitting on additional capital and not paying it back to their stock holders."


To make you happy. The thing is, if they split 10 for 1, its still the exact same value in total. There are just more shares that are worth 35 instead of 350each. You need to know things like how many shares there are <the float> how rapidly the company is growing. If it has earnings at all and how much. There is a lot more to the value of a company than the price of the stock alone.


Yes, from June 1968 until December 1968, they closed the NYSE every Wednesday so they could catch up on paperwork representing billions of dollars in unprocessed transactions.  Even after the NYSE re-opened on Wednesdays in January 1969, they still had to close it early at 2pm for seven more months. Forbes has a description of this: Not to be forgotten, though, is the Paperwork Crunch. In a day of email and the Cloud and trading completed in microseconds, the idea that Wall Street needed Wednesdays off in the late 1960′s to catch up on back-office tasks seems especially quaint. Yet, in 1968, the NYSE found itself sitting on more than $4 billion in unprocessed transactions. Trading had risen to 21 million shares daily; by contrast, even in the heavy volume days in 1929, trading never went above 16 million shares. Papers stacked on desks. A (now old) joke formed: If a fan blew the wrong way in a Wall Street office, visitors below could expect a ticker-tape parade. “Everybody agreed that the securities-processing system had virtually broken down, and the only major point of dispute was who was more responsible for the mess: the back offices of the brokerage firms of the stock-transfer agents,” Securities and Exchange Commission Commissioner Ray Garrett, Jr. said in 1974. Some 100 broker-dealers failed, crumbling under the pressure of fulfilling those back-orders. The fix: an organization akin to the FDIC, the Securities Investor Protection Corporation. Wall Street would stick to the shortened weeks from June to December; in January, Wednesday trading resumed, though it ended early at 2 for another seven months.


I've consulted to a few companies before and I have to say the biggest problem I found among them was their inability to understand growth.  Now, most companies become ambitious and in a sense want to grow and increase their profits but are completely off in how to do it.  This can be seen from a manufacturing/sales/engineering perspective and administrative functions. The idea that always sticks in their minds is they have to add personal if they wish to grow, though that isn't always true.  As an external person with no set bias, you should be able to figure out a creative way to their problems (even if they haven't noticed them yet).   Another area I've come to see problems in is debt. I've seen successful companies held down by their insistance they run a cash only business to others that took on too much debt.  There is no easy solution to this, yet a gradual and conservative approach to this area can help them in the long-run.  On the same topic, I often think there are lots of inefficiencies in finances (and the support groups) that can be remedied in an easy manner.   Lastly, the biggest problem I've seen with every single small business is customer service.  As they grow, the lack of training is apparent and there is no common ground as to how employees should be portraying their company.    Good luck!


"Modern portfolio theory dramatically underestimates the risk of the recommended assets.  This is because so few underlying assets are in the recommended part of the curve.  As investors identify such assets, large amounts of money are invested in them.  This temporarily reduces measured risk, and temporarily increases measured return.  Sooner or later, ""the trade"" becomes ""crowded"".  Eventually, large amounts of money try to ""exit the trade"" (into cash or the next discovered asset).  And so the measurable risk suddenly rises, and the measured return drops. In other words, modern portfolio theory causes bubbles, and causes those bubbles to pop. Some other strategies to consider:"


It is easier to get a loan on a rental than a flip, which is a huge advantage to rental properties. Leverage allows you to increase your returns and make more money off appreciation and higher rents. I use ARMs to finance my rental properties that are amortized over 30 years. I have to put 20 percent down, but my portfolio lender lets me get as many loans as I want. Because I put 20 percent down on my rental properties and they still have great cash flow I can buy three times as many properties as I could with cash purchases.  Buying more rental properties amplifies the other advantages like cash flow, equity pay down and the tax advantages.


Aeroprop, is one of the pinnacle leading propeller manufacturer organisation, who've greater than sixty five years of experience, along with all these items we carry out a huge range of Non-Destructive Testing inclusive of magnetic particle and eddy modern inspections, We test on housing gadgets propellers and different additives to come across microscopic cracks  or flaws that cannot be unseen through the naked eye.The Aeroprop Prop Cylinder Flush focused on first-class one product line, so whether or not it’s a 2-blade metallic propeller or a 6-blade composite device, our understanding of Hartzell plane propellers is remarkable. If you name for the super in your plane, don’t accept whatever a great deal much less. Aeroprop has been the leader in aircraft Hartzellpropeller structures for nearly a century.


"How is it gaming the system to ask customers who appreciated the service to write a review?   So now only ""trusted"" or more ""frequent"" users reviews count as legitimate? Perhaps those users reviews should supercede those of new reviewers, but not filter them entirely."


"The credit and debit terms here is, talking from bank's point of view (shouldn't be a surprise, banks are never known to look at things from the customers' POV ;)).  In accounting, a liability (loans, owners capital etc) is a credit balance and asset (cash, buildings and such) is a debit balance.  Your account is a liability to the bank (in accounting parlance that is because they owe you every single penny that is there in your account, btw, in literal parlance too if you really make their life harder ;))  So when the bank accepts money from you, they need to increase their asset (cash) which they will debit (higher debit balance for asset means more assets), and at the same time they also have to account for the added liability by ""crediting"" the deposited money into your account. So when bank says they have credited your account, it means you have more money in your account. Now, if you transfer money from your account to another, or make a payment through your account, your account will be debited and the beneficiary account will be credited(bank's liability towards you reduces) More or less what everyone else said here... but hey, I could also take a swipe at banks ;))"


Single person salary on 7.25 is about $1200 a month, before taxes. Rent in a slum is $500, then you have health and car insurance in the most optimistic situation, electric, water, phone that employer requires you to have, food and care products. This assuming no car note and never buying clothes. It's insane to me that people think that it's okay to subsidize their lifestyle by starving someone, and pretending that is possible.


>Go Daddy opposes SOPA because the legislation has not fulfilled its basic requirement to build a consensus among stake-holders in the technology and Internet communities. Our company regrets the loss of any of our customers, who remain our highest priority, and we hope to repair those relationships and win back their business over time.  **Translation:**  We're still planning on fucking you, but we're going to wait until we're not the only dick at the party.


Angels are different from venture capitalists because they use their own personal money to invest in a business. Venture capitalists invest from a fund which they manage on behalf of those who invest in the fund. If you are interested in connecting with an angel investor right now, you can find one using Angel Investment Network.


Your credit rating will rise once the loan is repaid or paid regularly (in time). It will not get back to normal instantly. If the property is dead weight you may want to sell it so your credit score will increase in the medium term.


You fully support the free market.   Good for you. I support the worker over the corporation. What the fuck is the point of having a job(s!) which don't support you? You can go on and on about market equilibrium or whatever. Flat out I support raising the minimum wage. I support ending corporate welfare. I think this country has the means to support anyone willing to work as hard as her to make sure she and her kids have the very basics.   Define value for me.... Not everyone worships money or the 'free' market. I get what sub were on. Maybe you're a super practical person. But try and imagine you have her life. No life is not fair, slavery wasn't fair but humans tried to put an end to that. If you think it's ok for this to be how it is, we have nothing to speak further about.   And to your hypothetical- no I cannot come up with a number, congratulations. Bet if you went over to personal finance, gave them a location for this hypothetical, they would come up with a smaller range of numbers than you think. Also the argument that a teenager doesn't need to be paid a living wage is ridiculous. It's the exact argument that's been used to under pay women.   Maybe empathizing on this scenario is beyond you.


"I've been down the consolidation route too (of a handful of DC pensions; the DB ones I've not touched, and you would indeed need advice to move those around). What you should be comparing against is: what's the cheapest possible thing you could be doing?  Monevators' online platform list will give you an idea of SIPP costs (if your pot is big enough and you're a buy-and-hold person, ATS' flat-fee model means costs can become arbitrarily close to zero percent), and if you're happy to be invested in something like Vanguard Lifestrategy, Target Retirement or vanilla index trackers then charges on those will be something like 0.1%-0.4%.  Savings of 0.5-1.0% per year add up over pension saving timescales, but only you can decide whether whatever extra the adviser is offering vs. a more DIY approach is worth it for you. Are you absolutely sure that 0.75% pa fee isn't on top of whatever charges are built into the funds he'll invest you in?  For the £1000 fee, advisers claim to have high costs per customer because of ""regulatory burdens""; this is why there's talk of an ""advice gap"" these days: if you only have a small sum to invest, the fixed costs of advice become intolerable.  IMHO, nutmeg are still quite expensive for what they offer too (although still probably cheaper than any ""advised"" route)."


"The FSA, in contrast to the HSA, is not an ""account"" that you put money in.  FSA stands for ""Flexible Spending Arrangement,"" not ""Account.""  Technically, it is a defined-benefit plan.  Here is the difference: With an account such as an HSA, you put money into the account, and you get that same money out.  You can't take money out unless you first put money in. The FSA doesn't work that way.  Instead, you pick an annual amount that your FSA will cover, and work out a monthly fee to pay for it.  For example, you might decide on a $1800 FSA, which will cost you $150 per month.  However, the $150 you pay each month does not go into an account for you; instead, it goes to your employer, who is managing the plan. Let's say that in January, at the beginning of the plan year, you have a large medical expense of $1000.  You've only had $150 taken out of your paycheck so far this year, but you are covered for $1800, so you get reimbursed the full $1000.  This is referred to as ""uniform coverage"", meaning that you get the full $1800 of coverage on day 1 of the year. Now let's say that you leave your job in March.  You've only paid $450, and you've received $1000 in benefit.  You do not owe your employer the rest of the money; your employer eats this cost.  This is the trade-off that the FSA offers over other types of accounts: depending on an employee's circumstances, an employer might make money (use-it-or-lose-it) or might lose money (uniform coverage) on an individual employee. The idea behind the use-it-or-lose-it provision of the FSA is to help the employer pay for the uniform coverage provision. The details behind the FSA (and other types of health plans) are outlined in IRS Publication 969. I'm sure that a secondary reason behind the use-it-or-lose-it provision is that it encourages an employee to keep his FSA plan small, so he can use it all up and not have to lose too much of it at the end of the year.  And a smaller FSA contribution means more tax money for the government. To address your point that it shouldn't be this way: I'm personally not a fan of the FSA because of the use-it-or-lose-it provision.  But participation is voluntary, for both employers and employees.  You proposed an alternative set of rules for the FSA, but you are basically describing an HSA, in which you cannot spend more than you have, and you get to keep whatever is left over.  The recent rules changes that allow plans to feature a grace period or a small carryover balance were an attempt to make the FSA a little more attractive/useful, but if you want the ability to keep your money and not have to spend it at all, use an HSA instead."


"> Would they go up at all?  I assume, based on the rest of your post, that this is in reference to new tenants?  > If the minimum wage goes up some workers might choose to move out from living with relatives or roommates so there would be some increase in demand but we wouldn't be ""overflowing with potential tennants""  I was referring to the areas where people who are currently making $15/hr live. People can always live in cheaper areas, but the neighborhood generally reflects that, so people would rather live in the nicer places with less crime and better roads.   That you assume people will have relatives that they can live with tells me something.  > and if rents started going up these new entrants to the housing market would likely fallback on their original housing setup with would moderate the impact.  Looks like you're starting to get it.  > As far as gas goes, while I don't have specific numbers in front of me, I think it's a reasonable assumption that US labor costs are a relatively small percentage of what you pay at the pump so even if those costs went up you wouldn't expect prices to surge.  Oh, sorry, I thought you meant gas for the stoves and heat. You mean gasoline (maybe the brits have it right by calling it petrol).   That will increase as the value of our dollar decreases in relation to the rest of the world, due to the fact that we don't really make anything anymore."


Should go up because of a company is doing better than the market previously expected it to do, the implication is that it's undervalued at the current price and you buy now you're getting it for less than what it's worth.   If Trump was wrong, then the stock would trade up for a bit before ultimately finishing up where it started when the market realises there's nothing in what he said.


Perhaps the world does not like a Global economy dominated by a Fucking Moron, Perhaps the world does not see a future in a Jew dominated Fed that can print whatever it thinks sounds like fun and then lend it to the US treasury in an insurmountable mountain of debt.  Gosh . . .isn't the FED supposed to be pretending to unwind all  that 0 market valuation crap from 2008 ?  I wonder if there are even any houses after a decade


If you set a savings amount now and leave it totally fixed you're likely to massively undershoot or overshoot.  What is more likely is that you will adjust either your savings or your retirement expectations as things go along.  If it turns out you have $10M (2010 dollars) at age 50 perhaps you'll retire early, and if you have $10k perhaps you'll buckle down and work much longer or save much more. So I think what you are looking for is an assurance that if you budget to save x% of your salary over n years, and you get an after-inflation after-tax return of y% pa, you will eventually be able to retire on an income equivalent to z% of your working income.  It's pretty easy to calculate that through a future-value formula.   For instance, one set of values that works is saving 20% of income, 5% real return, 30 years = final income of 66% of working income.  Or save half your income and within 14 years you can retire and keep spending the amount you were previously spending.  Resist the temptation to crank up the assumed return until you get the value you want. I think it would be great hubris to try to make this very precise.  Yes, probably you will get raises, of course there are taxes to take into account (probably higher while you're saving), inflation and returns will vary from year to year, et.  You can guess at them.  But they'll change, and there are bigger things that are unpredictable: your personal life, your health, the economic future of your career or industry.  I reckon this simple formula is about as good as you will get.


"I have no personal knowledge of this company; I've only looked over what I found on the web.  Overall, my judgement is that Pension Benefit Information, Inc. of San Rafael, CA is likely legitimate and aboutmyletter.com is one of two sites run by them (the other being pbinfo.com). These two sites are registered to Pension Benefit Information, Inc. (aboutmyletter uses Network Solutions privacy service but gives the company name; pbinfo uses their name and San Rafael address.) They are in the BBB.  The president (of the 8 employee Co.), Susan McDonald, has testified (PDF on .gov site) before Congress about business uses of SSNs.  They made a (very schlocky) video, which has an interview with McDonald after several canned, generic, ""impressive"" introductions.  I found the interview convincing of a person actually running a small, real business of this type.  A short version is on their site, long version here. There are some queries about their legitimacy online (like this one), but I found nothing negative on them, and one somewhat positive. One article talks about the suspicions they run into when contacting participants, and has some advice.  Also, scammers are unlikely to pay the U.S. Postal Service money to send paper letters. So what are the dangers? Money or identity.  So don't pay them any fees (now or later), especially since it looks like their clients (retirement funds) pay on the other side.  As for identity information: What's in the letter?  Don't they show that they already know a bunch about you?  Old employer?  Maybe the last four digits of your SSN?  Your address (if this is not the forwarded-by-IRS type of contact letter).  Other things, maybe?  What information would you be giving up if you did respond to them fully? You could try contacting your old company directly (mentioning PBI, Inc,), although on their website PBI says you'll have to go through them.  (They probably get paid for each successful contact, and deserve it.)  Still, responding through mail or telephone to PBI seems like the reasonable thing to do."


Because you actually reside in New Zealand, your income taxes will be paid in New Zealand. However, as a non-resident of Australia you will have tax withholding on all of the interest you earn in an Australian bank account. Obviously, because that tax is paid to Australia, that will not be counted against your New Zealand income taxes due to the taxation agreement between those countries. You should still discuss this with an accountant in New Zealand and consider acting as a sole trader. Since you are doing freelance work, that seems like the most logical setup anyway.


"I understand the sentiment here, I truly do. However, to be consistent in ones rage against off-shore business and tax evasion strategies, then the list of companies that need to be boycotted is very, very long. Apple, Exxon, BoA, Citi, GE, Pfizer... Thousands of companies keep hundreds of billions off-shore and realize profits off-shore with all kinds of twisted schemes. The real solution here is to fix the tax laws and tax rates to stop ""inversion"" tactics."


"To the average consumer, the financial health of a bank is completely irrelevant.  The FDIC's job is to make it that way.  Even if a bank does go under, the FDIC is very good at making sure there is little/no interruption in service.  Usually, another bank just takes over the asset of the failing bank, and you don't even notice the difference.  You might have a ~24 hour window where your local ATM doesn't work. I also really question the ""FDIC is broke"" statement.  The FDIC has access to additional funding beyond the Deposit Insurance Fund mentioned in your link.  It also has the ability to borrow from the Treasury. If you look into the FDIC's report a bit closer, the amount in the ""Provision for Insurance Losses"" is not just money spent on failing banks.  It also includes money that has been set aside to cover anticipated failures and litigation.  Saying the FDIC is ""broke"" is like saying I am ""broke"" because my checking account balance went down after I moved some money into a rainy-day fund. Failure of the FDIC would signal a failure of our financial system and the government that backs it.  If the FDIC fails, your petty checking account would be meaningless anyway.  The important things would be non-perishable food, clean water, and guns/ammo. That said, it will be interesting to see the latest quarterly report for the FDIC when it is released next week.  The article implies things will look a little better for the FDIC, but we'll see."


Assuming you can get keep getting credit cards like this forever, you open yourself up to risk in short term losses. Stock/bond prices fluctuate. If you need to pay the money back for some reason (at the end of the 15 months) your investment may be less than the 5,000 you started with.


That's right. Thank goodness. Jobs was a fucktard who knew how to make phones produce incredible profit margins.  While Elon Musk is a man who is changing the way we travel, produce and use electricity, and make mankind a multiplanetary species.  Jobs was never fit to even clean Elon's shoes.


>You make up the lost ad money by my subscription.   The problem with this is that they want far too much money for a subscription. The article is dead on that cable is grossly overpriced; I think most people who still get it do so because they need certain channels they can't get any other way - yet. So what will happen is that many of the current content providers will attempt to sustain their earnings by demanding subscription or PPV fees much higher than most people want to pay. For example:  * Shaw Cable PPV HD movie: $6.99, good for 24 hours * Netflix HD movie: $7.99/month for as many movies as I can find that I like  This is an order of magnitude different, and it's going to kill many 'traditional' businesses. I suspect the movie studios, cable companies, and other vested interests are going to try very hard to kill services like Netflix.


Financial Aid - the government gives you better interest rates and is a better lender.  Credit Cards - are for idiots.  Mortgage and Loans - Credit Unions give a much better deal. They actually re-invest in the community.  You can take you big banks and shove em' up your ass.


"The only thing I'd be concerned about is whether or not the credit report site offers a loan consolidation option right next to the statement that ""too many installment loans are lowering your score.""  If it is, then the site stands to get a kickback for referring you, and you might question whether or not the advice is correct. But if not, then take that statement at face value and look to consolidate.  Just run the numbers to see what it will cost (or save) you."


"You have to be firm. Refuse to work excessive overtime. This is why I switched to consulting. 16 hour days suck, but if you're billing for 16 hours, it makes it more bearable.   I've recently switched to the ""I only care about money"" mode of thinking, and switched to hourly pay after being salaried for almost 10 years. And it's not that it's the only thing that matters, but a lot of the rest of this stuff falls into place. It really simplifies things. You don't work for free. Your time is seen as a commodity. You are given goals and targets. You're not dragged into unnecessary meetings. Your opinion is respected. If you have to work saturday, you're sure as hell billing for it. If I take off at 2pm because I want to watch a hockey game, I just stop billing at 2 and there isn't this ""I'm not getting my money's worth!"" feeling from the manager."


Availing limo service Melbourne could be one of the most pleasant experiences that you can have, but experts say that this would be possible only when you stay very attentive throughout the hire process. Apart from being attentive and cautious, you can also take the following steps to make sure that you get the best of this experience.


meh,, regardless, it's obvious that the revenue of the USPS will continue to fall with online everything happening.  I would suggest we should start winding it down with full dismantle in 25 years.  There is no need.  Private companies can service our postal needs now.


I was in Detroit recently and Lyft drivers are getting cars from them to use and if they work a certain amount per week they don't have to return them after the shift. Gonna get pretty rapid growth giving out cars on a lease to own with no money down.


Yes, just set aside the amount of money. If you buy a cfd long in a stock for a 1000$, set aside 1000$. If you buy a cfd short, set aside the same amount and include a stoploss at the value at which the money is depleted. In this case however, you can stil lose more, because of opening gaps. By doing this, you replicate the stock return, apart from the charged interest rate.


It doesn't have to be. Public school is just fine. I did both growing up, and I don't know why people still think public school sucks. All the teachers were good in public school despite being a little less hard than my private school. Public schools are also very big on anti-bullying.


The funny thing is, if someone came into the front door of a bank branch and committed a robbery in which they stole a fraction of that much, he'd be spending a lot more time in jail.  People who abuse their positions of trust to steal far more are getting off with a slap on the wrist.  Something is fundamentally wrong there.  [Edit: I left a word]


Broadly speaking, a traditional account is better if you will be in a lower tax bracket in retirement (see for instance here).  When you put the money in now, you pay no taxes on it at your current (high) rate; when you take it out, you will pay taxes at your future (low) rate.  You push the taxes onto your future, lower-rate self. This is, crucially, assuming you can deduct the contribution on the traditional IRA.  If you can't (e.g., because you have an employer-sponsored plan and make too much money), the traditional IRA doesn't really gain you anything (see here). That is the basic story, but there are some other differences to consider as well.  For instance, if your income is too high, you cannot contribute to a Roth at all.  Also, with a traditional IRA you're required to start taking money out at a certain age, whereas with a Roth you never have to; this can make a difference if you have other retirement income and want to leave the money in the Roth (e.g., to pass on to your heirs without having to pay an intermediate tax at withdrawal). On a more speculative level, there is the possibility that tax rates may change between now and your retirement; some people try to hedge against this possibility by strategically allocating their retirement assets based on whether they think tax rates will rise or fall.


"even though they're only asking for 1/2 the money and have excellent credit that the mortgage company may not lend it to them if I'm over priced Yes. If the house's value, as determined by the appraisal, is less than the sale price, the bank will not finance the loan. Appraisals and the appraisal process have become much tighter since the Frannie and Freddie debacle. This fact is true regardless of amounts or credit history. Though this is happens somewhat rarely; typically if a seller and buyer agree to a price, this price is a reasonable value -- after all, that is nearly the definition of ""market value"". So, yes, it is true (and always true, for any financed purchase), but that shouldn't really affect your decision. If you try to sell for more than the appraisal, you will just lower the price to the appraised amount."


>paint Trump as incompetent...  As an outsider with no dog in your race, Trump painted himself incompetent long before he even ran for election.  Hell in my country (before that mess of an election) all Trump was known for is being that billionaire who unsuccessfully tried to bully an old Scottish lady.


"This is the best tl;dr I could make, [original](https://aeon.co/essays/how-work-changed-to-make-us-all-passionate-quitters) reduced by 96%. (I'm a bot) ***** > In doing so for work, they developed a metaphor - that every person should think of herself as a business, the CEO of Me, Inc. The metaphor took off, and has had profound implications for how workplaces are run, how people understand their jobs, and how they plan careers, which increasingly revolve around quitting.  > In the US especially, there is a strong cultural consensus that people should feel passion for their work, and work hard.  > She would tell an executive she was trying to recruit that if they no longer felt any passion for their work, then they were harming all their colleagues at work, who now had to work with someone who no longer enjoyed work to its utmost.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6qge9i/good_jobs_used_to_be_ones_with_a_good_salary/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~179016 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*: **work**^#1 **job**^#2 **company**^#3 **market**^#4 **quit**^#5"


"I love the ol' American response ""you gotta work hard to be successful"". Umm, no? Because if we'd all have a choice, I'm sure non would pick to be part of a minority, or purposefully choose to be born in rural, poverty stricken Africa."


"This isn't negotiations anymore. They are trying to change the deal after the fact. Stop negotiating and tell them they are bound to the agreement they signed. They are leaning on you because they know you are small and likely can't fight them. Document every conversation. Do not allow them to keep pushing after they've signed the agreement.  They accepted your bid (after giving your pricing to a competitor, which is shitty and should have been your first red flag). Then they started working on you. At that point your answer should have been ""we have a verbal agreement of x services for y price. A different scope of work is not scalable and would require a new quote.""  At this point you can either accept that they will continue to beat you up, or you can jam the contract down their throats until they agree or walk away.   I've been in a situation like this before. A major multinational asked for bid pricing that was agreed to be estimated only based on very loose requirements. Then they handed us a contract with that pricing included as ""not to exceed"".  We ended up walking away. It sounds like you may want to do the same if you can. Big companies often will have legal and payables departments that basically exist to fight any obligation to pay out money. In our case shortly after we ran into someone in our industry who'd worked with that company, and they said to assume that company would reject 30% of all invoices we sent. If nothing else, to delay payment just a bit longer so they could keep earning interest on the money.  Also, in the future I wouldn't turn away work until you are under a signed contract for a big project like this. You can't rely on such a contract to come through. If they drag feet and your schedule is full that's on them, or you bring in additional help or subcontract the work to deliver."


Many gains to be had, but the two rules of investing are don't lose money. So if you are to invest in marijuana, wait until marijuana is legal, and wait for the market leader to emerge, and see what their financials are like. Then invest, with enough information.


"If you look at a diffusion of innovations curve, the early adopters are different demographic than the others. When Reddit had less click traffic, less users, it was early adopters. Maybe some subs were echo chambers for views on unlimited free speech, but by and large, there were no echo chambers. People would make meta comments whenever they noticed an unpopular opinion being downvoted, saying things like, ""are you downvoting because you disagree, or because the comment is baseless?"" and the hive was willing to admit fault and correct behavior within that thread. In theory, people could argue about Bernie or Jeb Bush being better a stronger POTUS candidate, and up/down votes would be given based on how many links / sources were provided, not which candidate was proselytized. If some nut job mentioned Trump winning, it would be up-voted for visibility, so that intelligent discourse could commence about the outrageous notion, maybe links to previous stabs at a campaign, not a circlejerk with one video and dozens of photos of Trump admitting he'd sleep with his daughter and holding her on his lap inappropriately. That's what happens when early adopters of ~~Reddit~~ innovation lose their platform to the masses. People exploring new frontiers appreciate their liberty, and likely respect other people's liberty, as well. The public is conditioned that the custom and habit of their tribe are the laws of nature. There never has been free speech, and there never should be, and if you try, they will intentionally misbehave for negative attention or because the end justifies the means."


You can't ask insurers to use a particular score -- they have a state-approved underwriting model that they must follow consistently. Insurance companies make money by not paying claims, and poor credit score (including limit access to credit) increases the probability that you will file a small claim. Why? If you get into a minor accident (say $750 of damage) and have a $500 deductible, you are much less likely to file a claim to get $250 if you have access to a cash or credit lines to make the repairs yourself.  If you feel that you are going to be penalized for closing credit card accounts, the solution is simple -- don't close them. Other than an event where you need to sever a relationship with a co-owner of an account (ie, you break up with your significant other, dissolve a business, etc) or avoid paying an annual fee, there is no advantage to you closing a revolving credit account, ever. If you cannot control your spending, throw the card in the shredder. Eventually, the credit card company will close your account for inactivity, which affects your credit to a lesser degree. (The big exception is if you carry sufficient balances on other cards, your credit utilization ratio goes up materially.)


"It's a business/economic term for industries/companies that ""race to the bottom"" by doing things like slashing prices and sometimes cutting corners on production or service to beat out competitors to gain a majority market share. Essentially Amazon is doing this to try to make Whole Foods people's first thought when they think of getting groceries."


I hate restaurants that have a damn tv on every possible surface, especially ones that show sports. The only thing I hate worse is restaurants that have a tv on every possible surface AND have a radio blaring on top of that. It's like they can't imagine people actually want to talk to and be able to hear the people they went out to eat with. What's with the incessant racket and visual assault? Guess why we never go back to so many restaurants? Of course I'd rather invite people over for dinner. Nothing but some very soft light jazz playing you can barely hear, and you can actually enjoy the company. Not to mention the food at home is organic and is not drowned in fat and/or breading.


Zynga could be worth $7B but to believe that, you have to assume that its revenues will continue doubling every year for another 3 years.  They already have a proliferation of brands and there is a ton of competition.  They need a way to not just get more users, but get more money per user.


What exactly do you mean? Just so we're clear, no one should have to work two full-time jobs to support themselves. Part-time jobs, i'll allow a bit more flexibility, but if you're working full-time, you should have a living wage, yes.


I didn't quote FDR because he was always right, I quoted him because the minimum wage was created under him and that shows his viewpoint. Specifically, that it wasn't some job training wage or wage for high schoolers which people act like it is today.


I have already talked to them over the phone and they insist they   haven't charged me yet, and I will not be charged. When I informed   them I had in fact been charged they agreed it would be reversed. So I   have tried to resolve the issue and I don't have any confidence they   will reverse the charge as it has not been done yet. They are   difficult to communicate which makes the whole process more difficult. Your best next step is to call the credit card company and share this story.  I believe the likely result is that the credit card company will initiate a charge back. My question is, is this a valid reason to file a chargeback on my credit card? Yes.   If you attempted to work it out with the vendor and it is not working out, this is an appropriate time to initiate a charge back.


If you are in need of a dependable financial advisor Dundee, then MMG Archbold Chartered Accountants can help you out. They have experienced advisors who provide expert guidance on business finance, plans and more. To find out more about this company and the services they have on offer, visit their website at http://mmgca.co.uk/.


A couple of things you can do to structure your accounts include:


If I sell it for $50 can I write off the $50 loss. Only if you can establish that it is a normal part of your business and that you did not get $50 worth of use out of it.  That's the technical, legal argument.  As a practical matter, it's unlikely that they'll ding you for selling something after using it, as they won't know.  If they did catch you, you would be in trouble.  You can't deduct loss due to personal use.   The larger problem is that if you sell one TV for a $50 loss, they aren't going to believe that you are in the business of selling TVs.  If you sell a larger amount for a loss, then they still are unlikely to believe that you are in business.  If you sell a large amount for an overall gain, they are unlikely to notice that you took a loss on one TV.  They could only notice that if they were already auditing you, as that wouldn't be visible in your tax forms.


"In the United States if the person insures an article and then claims a loss of that article, the insurance replaces the missing/destroyed article. If later on the item is found the original is owned by the insurance company. The person who purchased the policy doesn't get to keep both.  Of course if the item was so valuable to be priceless the insurance company would be open to an exchange of items or money.  But if they suspect fraud...then it becomes a legal matter. Even when a life isn't involved it can be a source of dispute: http://www.artnet.com/magazineus/news/spencer/spencers-art-law-journal5-7-10.asp INSURED V. INSURER: WHEN STOLEN ART IS RECOVERED, WHO OWNS IT? Kenneth S. Levine  This essay is about the word ""subrogation,"" which frequently appears   in insurance policies. An insured painting is stolen and the insurance   company pays the owner’s claim for the value of the painting. Many   years later, when the painting is recovered, its value is many times   what it was when the insurance claim was paid. The insurance company   takes the position that it owns the painting, while the owner says I   own the painting, less the value of the insurance proceeds received.   The resolution of this dispute depends on the meaning of the word   ""subrogation"" in the insurance policy. When life insurance is involved, the item being replace is the lost stream of income. The question of returning money and how much would be a legal issue. They would also want to know if there was fraud, and who was involved."


There has been an abundance of articles in recent years which make it fairly clear that many participants in the Social Security system-- especially those who have started contributing recently, and going forward from that-- will experience negative rates of return. In other words, they will put in more than they will get out. Some examples of such articles: Time Magazine: But it is now official: Social Security is a lousy investment for the   average worker. People retiring today will be among the first   generation of workers to pay more in Social Security taxes than they   receive in benefits over the course of their lives, according to a new   analysis by the Associated Press. That AP piece, referenced by Time: People retiring today are part of the first generation of workers who   have paid more in Social Security taxes during their careers than they   will receive in benefits after they retire. It's a historic shift that   will only get worse for future retirees, according to an analysis by   The Associated Press. A piece which appeared in DailyFinance (includes a helpful graphic summary):  10 Myths About Social Security: Myth 4: Social Security Is a Good Deal for Today’s WorkersEven if   there were no reduction in benefits or increase in taxes—an   impossibility given Social Security’s looming financing   shortfalls—Social Security is an extremely bad investment for most   young workers. In fact, according to a study by the nonpartisan Tax   Foundation, most young workers will actually receive a negative return   on their Social Security taxes— they will get less in benefits than   they paid in taxes. Some studies indicate that a 30- year-old   two-earner couple with average income will lose as much as $173,500.   That actual loss does not even consider the opportunity cost, what   workers might have earned if they had been able to invest their taxes   in real assets that yield a positive return. In fact, a study by   financial analyst William Shipman demonstrates that, if a 25-year-old   worker were able to privately invest the money he or she currently   pays in Social Security taxes, the worker would receive retirement   benefits three to six times higher than under Social Security. Has that answered your question?


"I bought a house when I was 22, I also had $10k in student load debt. After the down payment, I had $1,500 to my name and $82k worth of debt. All the advice pointed to ""pay the minimum payment and invest the rest."" I discarded the advice and scrimped and put everything extra to those bills. I paid it all off by the time I was 31, and now at 34 I'm self employed, have about $110,000 saved up, a house worth $105,000, 2 cars worth a total of $8,000 and no debt. Keep in mind most of those years I was making $24-$30k a year I might have lost out on a couple years of investments, but right now there are no money worries... wouldn't you rather be like that instead of worrying if you might lose your job?"


The dividend is what represents your ownership in the CU.  The APY is a calculated figure that will help you compare apples to apples the return of the investment from many vendors and many types. (I think you CU might have had two different people writing that portion of the website, because the comparisons pages don't make that clear, and the pages don't layout the same way.)


Just got out of a wonderful seven-course dinner with two very qualified individuals: one is a former trade minister of a large ASEAN nation, and the other a retired Goldman Sachs partner. I'm not trying to name-drop here, just emphasize how these are some of the savviest investors I know. They spent the entire evening waxing on about click-and-collect and how Amazon is finally gaining a one-up on trad. retailers like Walmart who are expanding their online segments, by actually staking out some good PP&E. As avid shoppers of Whole Foods and Amazon we are very excited to see where this goes.


"I have some equity research (sell-side) interviews (for 1st year analyst) positions coming up with some top-tier banks. I have recently completed the GMAT and scored and overall score of 710 (91st percentile). I have a further breakdown of my score which shows that my overall score was brought done by a 47th percentiles score in the ""sentence correction"" section, whilst the rest of my scores are >90th for the other verbal sections.   1. Should I tell them my GMAT score? 2. Should I tell them the breakdown, and argue that it demonstrates that I am exceptionally strong in the sections for reading comprehension and critical reasoning, and that the sentence correction score is an anomalous result. Or would telling them this likely bring up concerns over my written communication skills?"


They're probably talking about flipping houses. The conventional wisdom when flipping is to purchase the property with a mortgage or other loan on day-0. Do the work to rehabilitate it. Get it listed for re-sale promptly (this step has varying strategies) with a profitable price but one that will make it move. Have the house sold on or before the first payment would be due. This is anywhere from 30 to 60 days. The flipper then never has to make a payment on the mortgage or loan, the costs of rehabilitating the home are recovered promptly (potentially before any loan, credit card payments, or invoices are due), and there is a profit. This also assumes that either a 100% loan or some other mechanism is used to address closing costs and fees. This model fits the premise of the infomercial in that you make money investing in real estate but never have to tie up any of your own money in the process.