The simple answer is: YES, the JP Morgan emerging markets equity fund is a mutual fund. A mutual fund is a pooling of money from investors to invest in stocks and bonds. Investors in mutual funds arrive there in different ways. Some get there via their company 401K, others by an IRA, still others as a taxable account. The fund can be sold by the company directly or through a broker. You can also have a fund of funds. So the investors are other funds.  Some investors are only indirect investors. They are owed a pension by a past or current employer, and the pension fund has invested in a mutual fund.


No, you cannot. You can only deduct expenses that the employer required from you, are used solely for the employer's (not your!) benefit, you were not reimbursed for them and they're above the 2% AGI threshold. And that - only if you're itemizing your deductions.


If you are in the U.S., without credit cards, you probably don't have a credit history. Without a credit history, you won't be able to get a loan/mortgage, and even if you do, you'll get it on very unfavorable terms. Depending on where you live you might even have great difficulty renting an apartment. So, the most important reason to have credit cards is to have a good credit score. People have already listed other advantages of having credit cards, but another thing that wasn't mentioned is fraud protection. Credit cards are better protected against fraud than debit cards. You probably shouldn't use debit cards online unless you must. Also, without a credit card or credit history, some simple and important liberties like renting a car while you are travelling might be denied to you. So, in conclusion, it's bizarre, but in modern America you need credit cards, and you need them bad.


That's really not true though. I do this for a living, and if you look into it, there's nearly always a reasonable argument. Labeling laws are made for the benefit of the consumer. They're designed to not be misleading. Just in practice, things are arguable.  There are a lot of misunderstanding about labeling and our laws, but like 99% are totally fair and reasonable.


Seems to me, the horse is already bolted on that one, but holy shit  44 missile interceptors in place and nothing intercepted. Are these the ground version of the F-35?  What are you guys doing with all that taxpayer money?


Makes sense. They are so large in the Seattle area, any kind of large meaningful expansion is difficult at this point.  Plus they've sucked up a lot of talent in that area. Why not get a green-field proposal by a new city with a new employee base on a different coast?


The history of the jews even outside Germany is not a very nice on. Nevertheless it does not excuse your views on Muslims, nor should or are the Muslims excluded when it comes to hate speech and crimes. This year alone there were several raids against the radical muslim communitys. The hat speech law is a very good instrument to not have racist group rally against Minority's  Muslim Jews or otherwise and to go back to the topic which Facebook has to respect as well. If someone broke the law you have to act and pull that comment which they currently not do nearly fast enough. My opinion stays. Your views are highly racial and not based on facts. You are part of the problem because bot everyone is as smart as you (im sincere here). A Moron heres your speech translates it to beat up all muslims because they are the terrorists and will do so. You talked about freedom tolerance and same rights for all. If you truly want that you have to forgive and not fight. ack with the same weapons. We have something in common regarding our views of the muslim population. They actually do have a big Problem with antisemitism and this Problem needs to be addressed. But as you said same rights for everyone, so we cannot talk shit about them either. In Germany at the moment the anti islam Problem has taken over and reached dangerous proportions. That is why i defend this group so much and cannot let half truths spread. I think we are both a bit tired of this conversation so here is my proposal! we say each other a final statement what we wish for the other to consider in the future. So i try:                 I really would want you to not succumb to simple prejudice. Please listen to the facts out there and look at the whole picture. You said and posted a lot of things which are well known to be right propaganda (the sweden thing is a 1a example) or half truths like the rise if crimes of germany which us overall true but the rise does not come from rape or violence from immigrants, but migration related topics, while the right wing attacks against muslims and refugees rose considerably.  As it stands i can only describe you as a jewish nazi which i really do not want to but have no choice considering your hardline views. Sorry that this was not too friendly.  i await your reply.


I think the tradition within the country would outweigh any convenience it would have for the rest of the world.  The US hasn't even been able to switch to the Metric system, even though it's taught in school and used in math / science.  The costs involved with changing price tags, and re-organizing everything in their world would be pretty crazy.


All of your 401k income is taxable and no more than 85% of your SS income. You can use the worksheets in IRS: Publication 915 to determine what percentage of your SS is taxable. Just as with ordinary income, deductions/exemptions apply and not all that is taxable will be taxed. When you begin drawing SS you'll have the option to have taxes withheld at various rates, more convenient than quarterly estimated payments in my opinion.


That would be like requiring the IT department in you company to be self sufficient.  You're IT department doesn't exist to earn a profit.  It exists to enable the rest of the company to earn a profit.  Your IT department runs a deficit, it sucks money from the bottom line of your company.  Hopefully, it boosts other departments in your company like sales, or engineering, and enables them to make more money than IT consumes.


nice, im sure theres some discount style stores around.  I dont like the subscription with amazon either because prices change, and i dont think they give you a good notice or indication on how the prices have changed compared to when you signed up.


Title is a little misleading. If they get paid 1.5x overtime, then this is only costing 33% of their total overtime pay. He's probably working 80-90 hour weeks, and should justifiably earn 2x the salary of a 40hr/week cop.


Security patrol is one aspect provided by most of the security agencies across the country. Generally, the basic area of concentration of security patrol happens to be reporting incidences related to graffiti of private as well as public properties, reporting vandalism and damage, stopping anti-social behavior of people etc.


The key word you are looking for is that you want to refinance the loan at a lower rate. Tell banks that and ask what they can offer you.


Greek bank deposits are backed by the Greek government and by the European Central Bank. So in order to lose money under the insurance limits of 100k euros the ECB would need to fail in which case deposit insurance would be the least of most peoples worries. On the other hand I have no idea how easy or hard it is to get to money from a failed bank in Greece. In the US FDIC insurance will usually have your money available in a couple of days. If there isn't a compelling reason to keep the money in a Greek bank I wouldn't do it.


I would tell the former owner that you will sell him the house for you current loan balance. He wants the home, he may be willing to pay what you owe. You can't really do a short sale unless you are behind on your payments. Banks only agree to a short sale when they think they are going to have to foreclose on the property. Not to mention a short sale is almost as bad as a foreclosure and will wreck your credit. If the former buying is not willing to buy the house for what you owe your only real option is to come up with the difference. If he offers you say $50K less than you owe, you will have to give the mortgage holder the remaining balance $50K in this example for them to release the property.  Another problem you will face, if the former owner is willing to pay more than what the house is worth, and he is going to finance it, he will have to have enough cash to put down so that the loan amount is not more than the property is worth. Finally if none of that works you can just hold on to the property until the value comes up or you mortgage is payed down enough to make the balance of the mortgage less than the value of the house. Then offer the property to the former owner again.


Wtf? No. It's more like not trusting the doctor for anything period because they practically just left all their sensitive patient information out there on their Facebook page, let the responsible staffers retire, and then tried to make money on their mistake any/every way they could think up.


No I don't think it is.  Just my perspective, but I don't recall 'fair trade' in their marketing materials.  It might be there.  But when I go to starbucks or whole foods its because I'm looking for a particular quality of product and I don't care if its certified free trade.


"Change the password on your bank account immediately. This is certainly a scam, and while they have your login info they can cause you even bigger problems. As soon as possible, contact your bank and let them know what happened. If you look at the links in the ""Related"" list you'll see that this is a fairly common scam. It relies on the fact that some forms of fraudulent deposit take a while for the bank to detect. Sometime in the next month, the bank is going to find out that the deposit of $2500 is bogus, say from a bad check, forged money order, or some other fraudulent source. When that happens, the bank is going to undo the deposit, and demand that you make good any of the deposit that has been spent (including the $50 that has already gone to PayPal). The bank may also suspect you of being in cahoots with the depositor, so you may find yourself talking to the local police, accused of fraud. You've put yourself in a bad spot by giving your password out. Unless your can present other evidence, the bank will have a strong assumption that any activity conducted via the login is performed by you. This is why you should get in touch with your bank right away, to build up some evidence of good will on your part. More remote possibilities are that it is part of a 'long con', where somebody is trying to find out how credulous/greedy you are. This seems unlikely. Unless you are a plum target, few con artists would want to risk as much as $2500. Theoretically it could be some sort of money laundering set up, but amounts involved seem too small for that to be likely."


It's the combination of lower earning power and new technologies/trends.  Like you said, why spend $100 on a sit down meal for two and cinema tickets, when you can spend 1/3 of that, get an online delivery and watch Netflix (and chill)?


All that's needed to deposit into your account are two things  Bank identifier is could be SWIFT code, IBAN, or similar routing number. an ABA routing number a similar idendifier used by US banks. It's a scam. A variant scam deposits too much money in your account and then requests you repay the excess before canceling the deposit.  If a stranger deposits money and then asks you to repay some. Do not do so. contact your bank instead.


> IMO, the nuts and bolts of valuations aren't the hardest part of finance.  No one going into the operational managing roles at a PE firm is there because of their experience in valuations.  There are a multitude of roles and improvement decisions are usually backed by a team of ex-consultants rather than ex-IBD guys (team doing the valuations and relevant decisions based on valuations).


I found the answer I was looking for. Even though I don't have any capital gains to offset, I can deduct up to $3,000 of that loss against other kinds of income, including salary.


As someone who provides PR services to startups, I may be biased but I can shed a little light.  Those who do not hire PR firms, mostly need to get lucky, have connections or hire a marketing intern. If you do not have connections, it makes sense to hire a PR firm with a database and contacts with journalists. Or the PR firm can do manual outreach for you instead of an intern.


The yield on treasury bond indicates the amount of money anyone at can make at virtually zero risk.   So lets say banks have X [say 100] amount of money. They can either invest this in treasury bonds and get Y% [say 1%] interest that is very safe, or invest into mortgage loans [i.e. lend it to people] at Y+Z% [say at 3%]. The extra Z% is to cover the servicing cost and the associated risk. (Put another way, if you wanted only Y%, why not invest into treasury bonds, rather than take the risk and hassle of getting the same Y% by lending to individuals?) In short, treasury bond rates drive the rate at which banks can invest surplus money in the market or borrow from the market. This indirectly translates into the savings & lending rates to the banks' customers.


>Coming from a libertarian, someone who believes in an ideology is demonstrably false with even a cursory understanding of economics or the political process?  So the political process would never allow someone that is fiscally conservative  but socially liberal to arrive in office? Tell that to a certain former governor of New Mexico.  >Please, there has never been a libertarian government and there never will be and long after your dead the U.S. federal government will be involved in providing social welfare like roads, schools and bridges  Just because they do it, doesn't mean they should.


I think the one single answer is that the answer depends on the two countries involved and their banks' practices. To find that answer, you need to ask other expats from your country living in France and ask them for their experience.  Note that most expats do not know what fees they are paying. For example, in the Philippines, the lowest fee charged still involves waiting 30 days to get your money.  Specifically, I opened a US dollar savings account with the minimum of US $500 required (other rules are involved for opening a bank account), deposited a personal check drawn on my US bank account (no fee charged), and waited 30 calendar days to withdraw USD bills.  The Philippines bank did not have a branch in the US, but had financial arrangements with US banks.  After getting USD dollars in my hand, I walked to a nearby exchange business store (which usually offered a better daily rate than a bank, but a rate between the banks' buy and sell rates) and exchange the dollars for pesos.  Note that years ago, banks did not give USD bills, when dollars were scarce in the Philippines. However, this process does not work in Thailand, due to bank rules against private individuals opening a USD account, with exceptions.  And there are still fees involved. March 2017


> Strawman  What a cop out.  There is a real functional problem in terms of getting capital to the people who need it in as short a time as possible before the whole system collapses.  Tell your 'strawman' to Tim Geithner, the Obama Treasury secretary, or Barney Frank, who is among the most liberal US Congressman at the time and was one of TARP's staunchiest allies.   If I had my choice, no one would get a bailout and all the bad banks/borrowers could go drop dead, but the consequences were so dire.  I really hope you are some philosophy Sophomore in college and aren't responsible for actual capital investment decisions in the real world.  Your line of argument is downright pathetic and illogical.


That's the big debate. Whether or not there is an employment crisis. I don't believe there will be an Armageddon as so many are claiming.   The question you're asking is the same question that's been asked for 100s of years. What happens when these jobs are gone? What happens when the majority of society is agrarian and we invent the tractor with GPS?   The comparisons to previous technological advancements ARE valid. They DID replace humans. The US economy was largely agricultural. 50%+.  These people were REPLACED and now only 1% of jobs are agricultural. These was no economic melt down.   People said the same thing about the computer - we've lived with computers for over 40 years.   Here's the thing - when you are able to produce things more efficiently, their prices go down. That opens up room for other spending in people's lives. Did you know that in the 1900s, food was 45% of the household budget? Now it is around 15%.


This question is very open ended. But I'll try to answer parts of it. An employer can offer shares as part of a compensation package. Instead of paying cash the employer can use the money to buy up shares and give them to the employees. This is done to keep employees for longer periods of time and the employer may also want to create more insider ownership for a number of reasons. Another possibility is issuance of secondary offerings that are partially given to employees. Secondary offerings often lower the price of the shares in the market and create an incentive for employees to stay until the stock price rises. All of these conditions can be stipulated, look up golden handcuffs. Usually stock gifts are only given to a few high level employees and as part of a bonus package. It is very unusual to see a mature company regularly give away large amounts of stock, as this is a frowned upon practice. Start ups often pay their employees with stock up until the company is acquired or goes public.


A lot of people here talk about shorting stocks, buying options, and messing around with leveraged ETFs. While these are excellent tools, that offer novel opportunities for the sophisticated investor, Don't mess around with these until you have been in the game for a few years. Even if you can make money consistently right out of the gate, don't do it. Why? Making money isn't your challenge, NOT LOSING money is your challenge. It's hard to measure the scope of the risk you are assuming with these strategies, much less manage it when things head south. So even if you've gotten lucky enough to have figured  out how to make money, you surely haven't learned out how to hold on to it. I am certain that every beginner still hasn't figured out how to comprehend risk and manage losing positions. It's one of those things you only figure out after dealing with it. Stocks (with little to no margin) are a great place to learn how to lose because your risk of losing everything is drastically lower than with the aforementioned tools of the sophisticated investor. Despite what others may say you can make out really well just trading stocks.  That being said, one of my favorite beginner strategies is buying stocks that dip for reasons that don't fundamentally affect the company's ability to make money in the mid term (2 quarters).  Wallstreet loves these plays because it shakes out amateur investors (release bad news, push the stock down shorting it or selling your position, amateurs sell, which you buy at a discount to the 'fair price'.) A good example is Netflix back in 2007. There was a lawsuit because netflix was throttling movie deliveries to high traffic consumers. The stock dropped a good chunk overnight.  A more recent example is petrobras after their huge bond sale and subsequent corruption scandal. A lot of people questioned Petrobras' long-term ability to maintain sufficient liquidity to pay back the loans, but the cashflow and long term projections are more than solid. A year later the stock was pushed further down because a lot of amateur Brazilians invest in Petrobras and they sold while the stock was artificially depressed due to a string of corruption scandals and poor, though temporary, economic conditions. One of my favorite plays back in 2008-2011 was First Solar on the run-up to earnings calls. Analysts would always come out of these meetings downgrading the stock and the forums were full of pikers and pumpers claiming heavy put positions. The stock would go down considerably, but would always pop around earnings. I've made huge returns on this move. Those were the good ole days. Start off just googling financial news and blogs and look for lawsuits and/or scandals. Manufacturing defects or recalls. Starting looking for companies that react predictably to certain events. Plot those events on your chart. If you don't know how to back-test events, learn it.  Google Finance had a tool for that back in the day that was rudimentary but helpful for those starting out. Eventually though, moreso than learning any particular strategy, you should learn these three skills: 1) Tooling: to gather, manipulate, and visualize data on your own.  These days automated trading also seems to be ever more important, even for the small fish. 2) Analytical Thinking learn to spot patterns of the three types:  event based (lawsuits, arbitrage, earnings etc), technical (emas, price action, sup/res), or business-oriented (accounting, strategy, marketing). Don't just listen to what someone else says you should do at any particular moment, critical thinking is essential. 3) Emotions and Attitude: learn how to comprehend risk and manage your trigger finger. Your emotions are like a blade that you must sharpen every day if you want to stay in the game. Disclaimer: I stopped using this strategy in 2011, and moved to a pure technical trading regime. I've been out totally out of the game since 2015.


Say the rate is 6%, and the payment is $500/mo. If the bank credits on the day received, the .5% per month is $2.50 for the whole month. In other words, pulling in the payment by the full 30 days will save you about $2.50. The whole loan may be costing $3.50/day, but you can only impact the amount one payment at a time.  To be clear, you need to find out exactly how they credit you. Some loans do not accept partial payments separate from the normal payment. If a $500 payment is due, that's the time to prepay principal, but they might not accept, say, $200 each week.  As a side note, mortgages typically don't credit the way you'd hope. I have a standard 30 year mortgage and whether I send the payment a full 15 days early or 14 days late, the next month shows a balance that I can pull from an amortization table assuming all payments are on the 1st of the month. If I were you, I'd make a full payment 2 weeks early, then check your balance and see what the impact was, just to be sure.


I just had a reverse split done 1 to 35. I went from 110,000 shares and a negative 13k to 3172 shares, and I still had a negative 13k. If your company does a reverse split take the lost and get out, it's bad news all the way around.


All questions regarding why is activity X taxed but activity Y taxed differently boils down to: The legislature wanted to promote or discourage the activity. By making employer provided healthcare tax free to the employee, the average worker like the plan. Not only is a significant portion not coming out of my paycheck, I also don't have to pay taxes on the benefit. Some organization pushed for this and the legislature agreed.


Every customer's circumstance is checked on consistently to guarantee top notch control. Amid business hours, one of our Account Associates is accessible for conference and aptitude. Instead of acquiring the cost of a full-time bookkeeper you pay just when you require guidance. Our key favorable position by Miroslav zecevic  to our clients is our coordinated business relationship that starts on the principal day a customer joins our firm. Consistently, our experts have worked with businesses of all sizes. Our extensive variety of services and aptitude secures the future development for some businesses over the globe.


Having a very high payout ratio is fine if there aren't any sensible investments available for the company, and citi already had their payout ratio somewhere in the 80% range.   The remaining excess is from them reducing the capital bed they were required to hold for the stress tests; cash that was essentially sitting around doing nothing.  [WSJ link](https://www.wsj.com/articles/BT-CO-20170628-711143) for u/LupusSuperius


It will be most interesting to see what happens as Oil starts to get traded more in more in other currencies.  In the controlled demolition that was the WTC, you could see the disbelief in peoples faces as the top started to topple and the first few floors pancaked, then the fear as they realized the whole thing was coming down and they started to run.  Feels the same, a controlled demolition, 9.8 m/s^2 all the way down. Free fall


">he believes that Facebook’s IPO is a clear sign that capital markets are rigged against ordinary “mom and pop” retail investors.  Should mom and pop be investing in IPOs in the first place?  And if they are then shouldn't they be expected to read all the SEC filings just like any sophisticated market participant?  I think the FB IPO sucked really badly and damaged capital markets but NOT because ""mom and pop"" didn't read all the filings."


I expected a word or two on the price elasticity of demand here :) Andrey, Your question needs slight revision in its current form. Rising prices actually do not mean increased profitability for a company. The quantity they sell also pays a huge part and actually is correlated to the price at which they sell the goods (and other factors such as the price at which their competitor sells the goods etc., but we will ignore it for simplicity).  The net profit of sales for any firm is equal to  (Qty x Sale Price) - COGS - SG&A - taxes - other expenses where, COGS means cost of goods sold SG&A means sales, general and admin costs (e.g., cleaning the inventory storage area daily so that the goods stay fresh etc.) other expenses include any miscellaneous other costs that the firm incurs to make the sale. Now, if everything in that equation remains same (COGS, SG&A, taxes, and other expenditures), rising prices will only translate into a higher profit if the quantity does not fall by the same margin. Prices may also rise simply as a response to risking COGS, SG&A or other expenditures --the latter may be observed in inflationary environments. In such a case, the supplying firm can end up losing its profit margin if the quantity falls by more than the price rise.


"First off, you really don't want to get into equity research. It's a dying, shrinking business. Trust me on this. Also, sales skills are key in this business, even in research, because if you're a sell-side analyst, half your job is going to see clients (i.e. sell to clients) with the sales people.  As for your internship, put on your big boy (or big girl) pants and stick it out. There's not a lot of room for the ""personality defect"" excuse (""I'm shy"") in this business, nor is there room for the ""but I'm not good at this!"" excuse. If you got this far, you can take a deep breath, put on a smile, and achieve.   Here's how:  Shyness: Set tiny achievable goals to overcome your shyness. I'm sure you can google the shit out of this but start small, focus on speaking slowly and making eye contact. Become a man (or woman) of few, impactful words. Speaking like this will feel good.  Sales skills: Try to analyze -- in detail -- what your experienced coworkers are doing, and how: how do they sound on the phone? What language do they use? What kind of things do they talk about? How long do they speak before letting the client speak? Etc.  In general: Try to step outside of yourself a little bit: you're not a special snowflake, and nobody really actually cares if you succeed. It doesn't really matter to your coworkers if you screw up or act strange or shy, because a week after you're gone you'll just be a memory. The corollary of this is that you should consider the pressure off. They yell at you? Who cares? Fuck 'em. Just make small improvements as per the above, do it for yourself, and consider the pressure off.   Coping: find a fulfilling evening activity or goal. TV doesn't count. Reading is good. Bicycle racing is good (depending of course where you are geographically). Whatever. Make time for this activity, it will keep you sane. PLUS, being GOOD at something else, even a hobby, will validate you and help you be less shy.  Remember, this early in your career, it's all upside, so make the best of it while there isn't as much at stake."


Russia is ruled by a tyrannical psychopath. Putin, being KGB/FSB just does a good job of hiding the author of his terrorist acts, mostly against other Russians. As well, the government has alliances with organized crime so that *favors* are repaid in less obvious ways, like not arresting someone known guilty or pressuring (on pain of death) journalists not to reveal certain facts and alliances.  Putin has allied himself with anyone who will further his agenda. Currently he is allying with US fundamentalist, evangelist Christians and homophobes. He allows police to stand by as gays are terrorized and abducted and tortured through his *patriotic* Putin Youth.  These idiots come from the depths of the human soul after everything decent and humane has been sold off for hard cash.


I believe the best way to go about it is to approach a good friend or relative to borrow the money, interest free. Do discuss with them the repayment schedule. If you have any assets such as house / stocks, you can pledge them in exchange for $5000 cash. I believe the banks would be more than happy to lend to you. You could try one of these Peer to Peer lending sites where you could borrow money from other people instead of banks.


If it is people that made so many lose their jobs, retirement and homes and then mocked them as well as called them lazy and wanting handouts then abso-fucking-lutely. If it is the poor teller that has no bearing on the situation then no I am not. The article stated that traders and the like will be included in this round of cuts. Those are the cocksuckers that deserve to lose their jobs and homes after robbing the citizens of this country.


> What exactly does Russia get from us, if anything, that they can't get somewhere else?  Food, capital and human capital.  > And if they get something I guarantee Putin has found a substitute source  E.U. and the US produces some of the worlds best produce in terms of quality and quantity. Russia has no problem feeding their population. If they're cool with eating nothing but wheat and corn.  > IMHO this is not as bad as the media wants you to believe.  Actually it's gonna be pretty fucking bad for the Russian people. They are already suffering from inflation and GDP stagnation from the previous years sanctions.


Economics without math is a tall order, since it seems that one of the things economists love to do is try and reduce everything down to mathematical formulas.  OTOH you are asking about a lot of topics besides economics. A few books I might suggest would be those three should do a good job of introductory info and helping you understand the basics and vocabulary. If you want more, one of the better 'recommended reading lists' for things financial that I've ever found is here


Traditionally, dealers and broker-dealers were in contact with the actual producers of a product or issuers of a security, selling it at the exchange on their behalf.  Consumers would traditionally be on the buy side, of course. These days, anyone can enter the market on either side.  Even if you don't hold the security or product, you could sell it, and take on the risk of having to stock up on it by the delivery date in exchange for cash or other securities.  On the other side, if you can't hold the product or security you could still buy it, taking on the risk of having to dispose of it somehow by delivery in exchange for cash or other securities. In either case you (the sell-side) take on risk and provide products/securities/cash.  This is most commonly known as market making.  Modern literature coins the terms liquidity taker (buy-side) and liquidity provider (sell-side).  Even more accurately, risk management literature would use the terms risk-taker (sell-side) and risk spreader or risk reducer (buy side). This is quite illustrative in modern abstract markets.  Take a market that allows for no offsetting or hedging because the product in question is abstract or theoretical, e.g. weather trading, volatility trading, inflation trading, etc.  There's always one party trying to eliminate dependence on or correlation to the product (the risk reducer, buy-side) and the counterparty taking on their risk (sell-side).


I went to Chipotle the first time a couple of months ago. I was completely unimpressed by everything. It's cafeteria beans, meat, and rice dumped into a bowl or onto a tortilla. It would actually be more impressive if they didn't have the cafeteria style service and let you order off the menu.


***NO WEBSITE IS PERMANENT!***   Fuck, how stupid are investors? Websites have a popular life of a couple of years at best. Why pay insane P/Es when the expected life is so damned short? Why do stable companies with no horizon in sight have low PEs while extremely volatile, short-lived websites have high PEs? This defies all logic.   Stop chasing sexy and go with something stable and long term. You morons.


To play devil's advocate, could you not also argue that the author correctly framed the article? In 2012, Amazon had primarily (if not solely) an online presence, so there would be no way to have an effect on consumers -- therefore no relevance.  However, Amazon made a brick-and-mortar acquisition which will now have a direct effect on consumers by trying to hamper which sites their customers try to access while on wifi and can also be seen as anticompetitive.


These interest rates are very low. One of the reasons that I prefer E*Trade is because on their on-line savings account the interest rates are several times higher than on ScotTrade margin accounts (currently it's 0.7% on E*Trade, on any amount, IIRC). The transfers between the accounts on E*Trade are immediate, and they allow using the money for investing immediately even for transfers from outside source. If you can wait a couple of days for the money to arrive before your investment (unless ScotTrade, like E*Trade, allow investing external transfers immediately), you can look at AMEX, ING Direct or Capitol One on-line savings accounts for even higher rates. Oh, and needless to mention, on-line savings accounts are FDIC insured, I'm not sure if the uninvested deposits on Scottrade are.


>It's not about who would win a conflict. It's about how easy to control they are. > >The entire might of the american military can't defeat a third world, sub 85 IQ militia given 15 years. Why do you think it would be easier to defeat a civil insurrection?  It's pretty sad you think the people fighting in those countries are dumber then the American soliders (who by the way are mostly there as a result of being to stupid to do anything else), living a less impressive lifestyle doesn't make you stupid, it makes you a victim of circumstance.  That aside, context is important, USA has more toys on US soil than the middle east, so you'll be bringing a gun to a drone fight, they would be fighting in territory they have comprehensively mapped using the largest communications collections framework in the world.  The leaders of any militia would be found and killed in hours if the entire weight of the US government were looking for them.  But hey, you hold onto your AR15, I'm sure it can deal with a whatever the government has...


In addition to the other answers, Harris Bank (now owned by BMO) allows Canadians living in Canada to open accounts, perhaps they consider other countries as well.  They have excellent customer service.


Some companies have banks and brokerages that are completely separate systems. So you could be actually running ACH transactions between two different banking entities. Bank of America used to have significant latency between BoA accounts, because they ran into delays integrating Fleet, BankSouth and BoA systems.


There many asset allocation strategies to chose from that beat lifestyle funds. For example: Relative Strength Asset Allocation keeps your money in Stocks when stocks perform well, bonds when they outperform stocks, and cash when both bonds and stocks are under-performing.   The re-allocation happens on a monthly basis.


">They will want to step away for a few years. Then will quickly realize, or already knew, holding cash is just as bad of an investment. They will then turn to hedges against inflation, real assets, further devaluing the dollar. They will turn to commodities and energy the only things in the past decade besides entrepreneurial investments which have increased in value.  This is where you differ from the Fed. Not saying either one of you is wrong, but the Fed wants inflation in order to force individuals and, more importantly, businesses to invest their capital in CapEx, equities or other ""risky"" assets in order to combat inflation.  You bring up a good point that if they chose to invest solely in inflation hedges, it may compound the problem. What happens when supply and demand are forced back towards equilibrium though? Gold is a different animal, but for other metals with industrial uses, would demand through inflation hedging be able to fend off decreased industrial and actual demand for the physical material?"


> No it isn't.   You specifically jumped to the most extreme and most *obvious* example of the application of consent as a concept, I'm going to say because you realize on some level that the less extreme and less obvious cases make it rather clear that what exactly does indicate consent and what exactly does not is just a matter of what society generally says it is. So I'm leaning now toward you just being a charlatan, albeit not a very good one. The rest of your comment has no relevance beyond putting on display how dumb and stubborn you're being, which might be worth going over if that weren't already established. If you change your mind about this it'll be with some reflection long after I'm done talking to you, so there's no real point sticking around waiting for you to develop on the spot.


Sort of.  I mean that even though TV generally sucks, and there are better alternatives, the average human may not be smart enough to care.  TV is easy, something they're used to, and requires no energy to watch or make any changes.  So, they may eventually catch on, but the TV industry will probably be able to stay a step or two ahead of them simply because it's not too hard to do, and nothing will happen too fast.  I learned about investing back in the dot com days.  I invested too heavily in high tech thinking it was really happening, and I was somewhat right, but it just didn't happen as quickly as we all thought, and a lot of companies went broke because they had no short-term income or plan, and ran out of capital.  Now I know there's more to it than simply knowing which way the wind blows.  You also need to know about butterflies and hurricanes so to speak.  Timing is important, and shorting stocks can be profitable unless it takes too long, and you end up being forced to act before you're ready.


According to a financial adviser I spoke to, lottery is the riskiest of investments, whereas cash is the safest. Everything else falls between these 2 extremes.


If your goal is to have a 400K net worth, in 11 years, and you invest 2144 the entire time you will need a rate of return of at least 6.4%.  This is assuming that you have zero net worth now and it does not consider your house.  Obviously the house will be worth some amount, and the mortgage balance will go down.  However, it cannot really be calculated with the details provided.   It seems like your risk tolerance is low.  You may want to head over to Bogleheads.org and look into their asset allocation model.  They typically site about a 7% compounded growth rate which will more than meet your goals.  They probably have information for European investors that map to the funds that we use here in the US.   Keep in mind, during this time you will likely receive raises, if you start out assuming you will hit the 400-500k mark, and stick to the plan, you will likely blow that goal away.   Also keep in mind the three legs to wealth building:  giving some, spending some, and investing some.  Your question is addressing the investing portion make sure you are also enjoying your money by spending some on yourself; and, others benefit from your prosperity.  Giving to causes you deem worthy is a key component to wealth building that is often overlooked by those interested in investing.


I can appreciate your point, but I will defer to WHO, US Department of Health and Human Services, Pew Health Group, and Johns Hopkins Bloomberg School of Public Health as sources. I can get downvoted by people on here all day long for quoting science, but that puts me in the right. Your points are interesting, however I will take the PHDs, and decades of research and data as a better source - I am sure you feel you are smarter than them and that is fine you are entitled to feel that all day long just not by me.


It seems outsourcing tech usually turns out to be a disaster for most companies in the long term, and yet they keep on trying it because it appears to save money in the short term.  My last two jobs were helping re-write code completely from scratch because they used outsourced programmers and the code was so horrible that none of it was worth saving.  As someone else mentioned here, it's entirely possible there are some good coders in these developing countries.  But they seem to be very rare.  More typically, they lack knowledge modern coding standards and practices.  And even if they are good programmers, the lack of direct in-person communication results in a mess anyway.


They are far from the only business that does this though. Computer Chips for GPUs and CPUs are often made with the best top of the line chip in mind and then lower SKUs are created by bining worse chips and disabling features by hardware or software means. It sucks but its just cheaper to produce one top of the line chip than to make many SKUs.   Edit: Corrected my stupidity - thanks wdeezy!


"Several events will always result in a reduction of your score, including: These will show up in the short term, but I don't think it's worth $40 per year in perpetuity to avoid this. These aren't serious ""black marks"" in the same category as missing payments, carrying too much debt, or foreclosures/evictions, etc. These effects are designed to signal issuers when someone acquires a large amount of credit in a very short period of time, which may indicate a greater risk. If your credit is good and you are using your other cards responsibly, closing the card (given the annual fee) would not cause me great concern if it were me. Since you are so much better of a risk than you likely were in college, you can also call Capital One, ask to speak with a supervisor, and ask them to drop the fee and increase your credit limit. They should be able to easily verify that you meet the requirements for other types of preferred cards they offer, and they should be willing to offer you improved terms rather than losing your business. It is very possible they simply haven't re-evaluated your risk since you initially applied. Also, remember that these types of effects determine only a portion of your overall score. Activity is also a major component. Rather than leaving an unused card open for history and debt-to-limit purposes only, I would also recommend having some minimum level of activity, such as an automatic bill payment, on each card you carry. The effect of using your cards over time will have a significant positive effect on your score. Best of luck!"


A technique that is working pretty well for me: Hide the money from myself: I have two bank accounts at different banks. Let's call them A and B. I asked my employer to send my salary into account A. Furthermore I have configured an automatic transfer of money from account A to account B on the first of each month.  I only use account B for all my expenses (rent, credit card, food, etc) and I check its statement quite often. Since the monthly transfer is only 80% of my salary I save money each month in account A. I don't have a credit card attached to the savings account and I almost never look at its statement. Since that money is out of sight, I do not think much about it and I do not think that I could spend it. I know it is a cheap trick, but it works pretty well for me.


Do you all think this is a move where Amazon is looking to be collocated to another tech/business talent hub in a city on the opposite coast in order to attain a wider spread of talent?  If so, would that probably be someplace like Boston?    Or is this a move to get a cheaper but still talented professional workers in a city where they will not have to pay as much?  I feel like that could be a lot of places.  If this was a major set of logistics hubs, I would be looking at this differently, but it seems to be focused on professional workers right?


"This whole thing is about subjectivity and judgement.   Reed Hastings personally believes that Donald Trump is so absolutely unqualified for the job of President that he personally believes that anyone who would **proudly** vote for him has a screw loose.   My point is that this isn't ""you voted for a Republican, so I want you fired"" - which is the kind of political discrimination you're talking about. This is ""you promoted the janitor to reactor safety officer, so I don't think I want you in charge of this place."""


"This is the best tl;dr I could make, [original](https://bunky1787.wordpress.com/2017/06/04/jim-rickards-free-trade-a-barbarous-relic/) reduced by 98%. (I'm a bot) ***** > What Rickards ignores is that as these dollars were being accumulated abroad(voluntarily as countries attempted to increase their reserve balances), the attempt to prevent the fall of the dollar&#039;s value by the U.S. government through foreign investment disincentives, restrictions on foreign lending, efforts to stem the official outflow of dollars, and cooperation with other countries did not succeed(in addition to foreign trade restrictions).  > On the contrary, the depreciation of the Yuan improves the purchasing power of U.S. citizens in terms of Chinese imports and has little correlation with U.S. consumer prices.  > A foreigner needs dollars to purchase U.S. goods, and if exporters cannot acquire as many dollars from sales to the U.S., then they will be unable to effectively demand our goods and services in return.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6f5k71/jim_rickards_free_trade_a_barbarous_relica/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~135950 tl;drs so far."") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **U.S**^#1 **price**^#2 **dollar**^#3 **Rickards**^#4 **foreign**^#5"


Acorns rounds up purchases to the nearest dollar and invests that extra change. Digit is a standard savings account but it automatically withdraws money from your checking account based on your spending patterns.


Amazon Prime 2 day delivery is mostly the white vans driven by outsourced contractors. I'm sure there are area's where Amazon hasn't leased the sprinter vans yet and the contracted company uses whatever types of vehicles they normally use.   Prime Now 2 hour delivery is Amazon Flex drivers, which is just normal people with an app similar to Uber. Can be any type of vehicle.  (source: I've done both)  On the other side, non-prime deliveries are usually from UPS, FedX, or USPS. Amazon Delivers to their facilities in pre-sorted bulk.  (edit) I don't understand this article since Amazon has been doing this exact thing for over a year here in the midwest. I'm assuming they are just rebranding it now and probably expanding it to attract more contractors.


I have had two. Using one now as wind down for the night. I also have an iPad and laptop. I prefer the Fire to cruise blogs, forums and check news. I do not have FB on it so is an oasis. Amazon repurposes technology so Fire lives on in other hardware and interfaces. So, failures are not all equal.


I agree with Rogers, Russia seems to have a lot of potential.  Although their standards for democracy fall short of what is ideal, economically Russia has been on a strong upward trajectory since 2000 and will probably continue that trend as the value of commodities continues to rise.


"From the Vanguard page -  This seemed the easiest one as S&P data is simple to find. I use MoneyChimp to get -  which confirms that Vanguard's page is offering CAGR, not arithmetic Average. Note: Vanguard states ""For U.S. stock market returns, we use the Standard & Poor's 90 from 1926 through March 3, 1957,"" while the Chimp uses data from Nobel Prize winner, Robert Shiller's site."


"Why go for an average two bedroom?  I lived for a few years in a low-priced 4 bedroom apartment that I shared with 3 other people.  I used the money I saved from living below my means to put a down payment on a duplex, which I used to ""live for free."""


There IS an amount of money you can pay to make people deal with very unpleasant situations.  Offer me my old pay + 50% to go back into the workplace daily and deal with my last boss? Yeah, I'll tell you to go fuck yourself.  Offer me 3M+ a year to do it? Okay. I'll take that and do JUST ENOUGH to keep the job for a year or two, and then I'll never fucking work again. Or I'll get fired and laugh all the way to the bank anyway.


"The short answer is: it depends. The longer answer is that balance transfers are tricky, and often a bait-and-switch; they'll offer 0% interest, but charge a 3-4% ""fee"" (which isn't interest and is perfectly legal) on the amount transferred. If you transfer $5000, you now owe the new card company $5,200. Now, that could be fine with you; at an 18-20% APR on your old card you may have been charged that much in just one or two months, and by capitalizing this fee up front you lock in 0% for a year. However, there are other possible machinations behind the scenes. For instance, you may incur retroactive interest on the full balance if not paid off in the year (at 20% APR on $5000, that's an extra grand you will owe if there's even one dollar of the original transferred balance left in the account). Paying off the balance and thus avoiding these penalties has actually been made harder by the CARD Act, which required creditors to apply any payment made to the highest-interest portion of the balance first. As balance transfers are 0% they are the last on the list, so if you transfer a balance and then carry an additional balance you are setting yourself up for failure. You MUST have a zero-dollar balance for one month sometime during the year in order to be sure the balance transfer is paid off and no penalties will be incurred. That can be hard, because 5 grand is a lot to pay off. To pay off a $5000 balance in 12 months requires payments of $417. Miss one and you'll have to make it up over the remaining months. If you transferred a balance, you probably didn't have $420/mo to pay to the card in the first place. In summary, balance transfers can work, but you have to understand all of the terms and conditions, and what will happen should you violate any of them. If you don't understand what you're getting into, you could very well end up worse than you started."


Here's the thing, Japan produces and sells a lot of different products where as Greece sells Olive Oil. If Greece could somehow turn their olives into a fuel source, they would be the richest nation in the EU (Sean Lock in 8 out of 10 Cats). Sorry too lazy to find the episode , but it was really funny.


I've spoken with a number of expatriates in Canada and Canadian bankers over the past few days.  Here's what I've been able to piece together. This was surprising to me.  As I understand it, the only sure-fire way to wire transfer funds from an arbitrary bank to another arbitrary bank on a different continent on the first try  is by using the IBAN number of the destination account.  IBAN seems to be the only account number format that is anywhere close to a worldwide standard.  If the destination account does not have an IBAN number (like those in Canada and USA), then you rely on a degree of wisdom on the part of the sending bank(er) to format your numbers (account/institution/transit/etc) in such a way that the transfer successfully reaches the destination account. If any given sending bank has not sent funds to another given non-IBAN bank recently, then there is an element of uncertainty as to how the destination account's numbers have to be entered into the sending bank's system.  The de facto practice seems to be to develop the wisdom of what works and what doesn't by attempting to transfer small sums until they succeed.  Then the sending bank uses the exact same method to transfer the large sum as they used for the small sum that succeeded. It seems like there are some things you can do pro-actively increase your odds that a wire transfer to a non-IBAN account will succeed.  Ultimately you want to provide four different pieces of information that are especially important for non-IBAN wire transfers: All of your numbers in all applicable compositions - Wire transfer number formats are often actually multiple fundamental numbers that are concatenated, prefixed, and suffixed.  I suspect that some wire transfer senders actually need to enter the fundamental numbers separately or in different compositions.  Suppose the sending bank needs, for example, the institution identifer.  The ABA routing number does contain, among other things, the institution identifier.  However, you should provide the institution number separately in your wire transfer instructions because the sending bank might need the institution number and will probably have no idea how to extract it from the ABA routing number. For Canada, I think the number you should provide are as follows:


That's... sort of what anti-trust law does.  The idea of anti-trust law isn't to help small companies to compete.  It's to stop big companies from abusing consumers.  That's why you not only need to be a monopoly, but you also have to abuse that monopoly position.    A good comparison here may be the anti-trust concerns with Nielsen ratings, over the years.  As recently as just a few years ago, though, any such suits have been struck down.  Even though Nielsen has a near 100% monopoly on the ratings industry, there's no evidence they've used that monopoly to stymie competition.


https://www.forbes.com/sites/susanadams/2015/08/18/how-people-who-work-for-amazon-really-feel/#3072825d3305   > Times reporters David Streitfeld and Jodi Kantor wrote in a 7,000-word feature that they had interviewed 100 current and former Amazon employees, most of whom described an intense, often cutthroat workplace where senior managers encourage their reports to attack one another’s ideas in meetings. An internal phone directory includes instructions on how to send secret notes about colleagues. Workers suffering from cancer, miscarriages or other personal issues are penalized or pushed out, as are any employees who don’t meet the company’s high standards. Many Amazon employees resort to weeping at their desks, said the story.


If you are the only owner: then morally there is nothing wrong with this, as long as you make sure that everything is tracked so that you pay the proper taxes from the correct entity. The danger for you and your business is if the transfers aren't planned. Because you may not be re-investing enough of the profits back into the company. That means that the equipment may be aging but you aren't replacing it, it can also mean that you aren't spending enough on business development.  If you pay yourself so much that you bankrupt the company that isn't good. If you live the good life but starve the employees and they realize it, or if you starve the business and the employees realize it; then you might have a problem motivating and retaining employees.


> a world where there are 3 times more inventors, 3 times more scientists, 3 times more doctors, composers, cleaners, 3 times more customers etc… Imagine this technical progress, new medications, excellent health care, fresh honey for ears, pure Earth, etc…  Funnily enough, we'll get to this faster if we got rid of birth control.


> Nutritionists counseled them in person and by phone, promoting regular exercise and urging them to eat more vegetables and less fat.   This is counter to the FAQ in r/loseit which says eat less carbs, more protien and fat, which are more satisfying, and leads to less eating overall. Sounds like they just have a bad diet.


You can take out the contributions to your Roth tax and penalty free.  That's the good thing. Anything above the amount you contributed that you withdraw early will cost you ordinary income tax (which is higher than capital gains tax) plus a 10 percent penalty on that amount. So if you have $15,000 in the account and $5,000 is gains and you withdraw $11,000, then you owe tax and penalty on $1,000.  The penalty is 10% and your taxes (high taxes!) are added to that.  Pretty bad deal. If you kept it in a normal account and paid capital gains tax, you just pay 15% (or whatever) on your gains and you get to offset income tax with your losses via tax loss harvesting. So back to your question: your idea works even better than you suggested if you only withdraw up to the amount that you contributed (you pay no tax!).  Take out any of the gains and you will be penalized more than you would if you just paid capital gains on them.  Leave those in until you are old enough to take them out penalty and tax free. To me, contributing to a Roth, making a bunch of gains on it, and withdrawing only the contribution part whenever you want seems to make good sense.


Since you are in college, there must be a resume clinic somewhere on campus?  I would remove the restaurant and golf course job, since you already have the real estate position on there. Do you have any school projects? You can add those.


Maybe you have not been able to see it because your tickets have been sold out, but that's no problem since in the Eticket Pros ticket purchase and sale portal you still have the possibility to book a privileged site to see it in the site of your choice. All music Event tickets New York are just a click away. Eticket Pros is a new system of buying tickets for concerts and events that facilitates the purchase, since it is comfortable, simple and avoid queues, travel and allows to buy tickets from any device with Internet access.


Question: at what point, if any, am i free to use this money? Never. It's not your money.


Obamacare slowed the increase. But it's hard for republicans to grasp $100 a month next year is $120. By the time it hits $300 it's now $360 the next year. Ten $440. Then $520. Yeah the ACA didn't raise your shit 1000% you idiot.


Thanks it is problem for class and I don't want to give the problem I just want to understand how to actually do it and the book hasn't been much help. Only additional information I can provide is   In Inventory – 15 days Accounts Receivable outstanding – 35 days Vendor credit – 40 days Operating Cycle – 50 days


Depends on the house. If it's a house that's <10 years old, you're looking at pretty minor repair work. You can probably afford to be aggressive. I bought a home built in 1927 in 2006. Since then, I've put on a roof, replaced windows, replaced hot water tanks, replaced bathroom fixtures and corrected plumbing horrors. Total cost: $20k. Had I spent down savings on a down payment, I would have been in rough shape financially. Other things to think about are:


4) Beef up my emergency fund, make sure my 401(k) or IRA was fully funded, put the rest into investments. See many past answers. A house you are living in is not an investment. It is a purchase, just as rental is a purchase. Buying a house to rent out is starting a business. If you want to spend the ongoing time and effort and cash running a business, and if you can buy at the right time in the right place for the righr price, this can be a reasonable investment. If you aren't willing to suffer the pains of being a landlord, it's less attractive; you can hire someone to manage it for you but that cuts the income significantly. Starting a business: Remember that many, perhaps most, small businesses fail. If you really want to run a business it can be a good investment, again assuming you can buy at the right time/price/place and are willing and able to invest the time and effort and money to support the business.  Nothing produces quick return with low risk.


"Disney got it all.  ""Disney will also acquire the substantial portfolio of cutting-edge entertainment technologies that have kept audiences enthralled for many years. Lucasfilm, headquartered in San Francisco, operates under the names Lucasfilm Ltd., LucasArts, Industrial Light & Magic, and Skywalker Sound, and the present intent is for Lucasfilm employees to remain in their current locations."""


"Shall we discuss the vast closing down of brick and mortar stores due to Amazon's increased presence? While I agree with you on not buying Amazon right now as there are much ""safer"" investments if you're looking for long-term growth, let's not deny reality - their numbers are great and one sub-division's flop (the Fire brand) is not a basis for demeaning the accomplishments of an entire company as a whole. Bezos is doing a great job and has proven all the early nay-sayers dead wrong, and this purchase was a great move for something they've been moving towards. Amazon has had grocery delivery in select cities for a while and it's flourishing, no reason to assume that increasing their presence via Whole Foods won't improve that."


CD Laddering is a process of buying multiple CDs at longer terms to take advantage of better interest rates while still having liquidity. The benefit of a CD ladder is based on this assumption.  Without higher rates for longer terms, I wouldn't ladder CDs.  So, let's assume you have $10,000 to invest.   And let's say you have a 12 month CD at 1% and a 24 month CD at 2% available to purchase. You could lock all of your money up for 2 years and buy the 24 month CD at 2%.   This is a good rate of return, but locks up your money for longer than you might otherwise have planned. The laddering approach is to buy longer term CDs over a regular interval.   In this case, we could buy a 2 year CD at 2% every 6 months.   Your ladder would look like this: This gives you the 2 year rate (2%) but you are always less than 6 months until your next CD matures giving you some liquidity. When each CD matures, you then purchase another 2 year CD at the more beneficial rate.  You'll always have something maturing every 6 months. Now, if you want to start with your money immediately, you can seed your ladder by buying partial terms like this: The two year time maturity time frame and the interest rates are all examples.  You could have 12 CDs with one maturing every month, one maturing every quarter, etc. The benefits of CD Laddering are that a portion of your money is never far from maturity and that your interest rate is better than it otherwise would be. The risks of CD Laddering are the same as the risks of buying CDs.  If you think CDs are a good investment, CD Laddering is a good way to invest at higher rates.


You can do both if you please but a near majority of the country is just looking out for their own interests and would gladly cut you off in time of need to save a few bucks.  That doesn't make it right, just the state of things.


I use cash exclusively. I go to the cash machine once a week and withdraw the money I want to spend in one week (so I have to plan if I want to buy something expensive). Otherwise I leave the card at home. As bonus you get anonymity, i.e. big brother cannot track you.


You are only 33, with plenty of time to generate long-term returns. A correction is an opportunity for you to buy more at a lower price. My advice: invest about half in an index fund (S&P 500, for example) and half in a target fund (pick your retirement age), keep saving regularly, and in 30 years you'll be very happy you did. 5-10K a month is fine until all of the money is invested. (You said this is a retirement account, so invest the entire amount. Keep a rainy day fund in your non-retirement savings.) You can fiddle around with how you invest the money and I'm sure you'll get variations on my answer. My above suggestions may not be the absolute best option, but they are certainly not the worst option. Given that you are very risk-averse, keep in mind that you are in this for the long term and should be investing in something where you can safely ignore short-term downswings.


I have been working since the 80s too.  I dont think thats a very good time frame to base it off of.  I would like to have someone who is around 70 years old tell me im incorrect on this one.


The biggest value driver we identified were staff costs. If Amazon implements their Amazon Go technology in Whole Foods' stores(which I assume is their current plan) they would be able to cut a large chunk of staff costs reducing COGS significantly. With Jana Partners buying up shares and an already large institutional share of ownership we saw the likelyhood of success of a deal to be quite high.   The new technology is exciting and we believe interest for shopping at Amazon will be high the first years which brings revenue synergies to the table.   I'm on mobile right now(at work) so maybe I can give a more detailed answer later.


USPS is in debt because they have a wonky pension system where they have to guarantee (And pre-pay) pensions for the next X years (Where X is large).  Also, shipping is part letters and part packages.  Letters are hard to make profitable.  Fedex, UPS and DHL get the sweet deal of shipping (mostly) packages. They pretty much get to only play the profitable part of the game while USPS has to play both.  They can be competitive since they don't have the low-margin job of shipping letters, and in turn they can eat into the profitable part of USPS while leaving the unprofitable part untouched.


I mostly volunteer within a church environment.  Given this is reddit, I'm not sure how that comment will fair.    But I also see a lot of  workshops via networking sites; linkedin has one called 'Financial Culture | Financial Literacy', between the articles and financial counseling workshops in the area I live it would be pretty easy to get involved.    Also, START FOLLOWING COMPANIES on linked in.  Join groups that are related to what you want to do, they post items all the time about relevant news to their industry.  The more educated you can get the better.


"Invest! Because you are young and have lots of time, I recommend opening an investment account and putting most (1000£?) or all in something like an S&P 500 index fund or ETF. Start building  your savings now because compound growth over time will build significant wealth. You can still invest the other 500£/mo in something a bit less volatile if you think you'll need the money in < 5 years. If you expect your income to continue to grow and you expect to have extra cash every month for the foreseeable future, I'd just put it all in an index fund. You can weather any temporary market swings, and in the worst-case scenario you can always sell a few shares if you need the cash. The advantage of an index fund is that it has very low fees and it's an ""invest-and-forget"" approach. You don't have to watch the market every day because your money will simply match the market. And in the long term the market does much better than most managed funds or ETFs. https://en.wikipedia.org/wiki/Index_fund"


A share of stock is an asset not much different than any other asset.  If the share is being held in a joint account, it's being jointly owned.  If the share is being held by a company with multiple owners then the share is owned by the various owners.  If you're married and in a community property state, then it's technically owned by both parties.


Search the State of Washington website for unclaimed property. They will tell you everything you need to prove ownership.  Also there is never a charge for this. The third party sites you see want to to pay for a service the state already provides. Q. Do I have to pay a finder's fee? An asset locator, fee finder, or heir finder is a person or company   who charges a fee for helping owners receive their unclaimed property.   The fee is usually a percentage of the money due to the owner. Under Washington law, a finder may not charge a fee of more than 5% of   the property value. Owners and their heirs do not need to pay a   finder's fee to anyone to claim funds being held by the State of   Washington.


Why do they hate teen workers, people with serious disabilities, and those who never had an opportunity to complete high school?  Every employee must produce goods and/or services at least equal to the cost of their employment.    Edit to add that people in these situations CAN and DO contribute to their employer and society.  They also benefit from employment.  When the bar is set artificially high, they lose the opportunity to do so.


"I don't know Canada very well, but can offer some general points when considering where to park your emergency fund. Savings rates are currently low, but then so is inflation. Always bear in mind that inflation decreases the value of your money, so if you're getting 4% interest and inflation is 2%, you're making 2% gross in real terms. If you're getting 2% and inflation is close to zero, you're actually earning a similar amount, it's just the numbers are going up more slowly. Obviously when and how much tax you pay affects the actual return, it's just worth bearing in mind that low interest and low inflation are actually not that bad a savings environment as they first appear. For an emergency fund the key thing is ease of access, consider keeping some portion of your savings in an instant access account for those emergencies that happen when the banks are closed. In the UK there are various tax-free savings options, I'm guessing Canada has a few too, if so you should explore those options. While these may not have attractive headline rates, you don't pay tax on the interest, this can make them much more competitive (4% tax free is the same as 5% gross if you would have to pay tax at 20%). Normally tax free investments have caps so once you've invested a set amount you can't add anymore. This may be a consideration if you regularly dip into your emergency fund as you might not easily be able to build it up again. My approach is to have about 90% of my ""rainy day"" fund in easily accessible but tax free savings. This discourages me from spending it unless I really need to. I then keep a slush fund sufficient to cover every day disasters (boiler packing up, needing a hire car for a week etc) in instant access accounts ."


"I switched back to contracting because I felt that while companies were perfectly willing to accept the fruits of me working 50 hour weeks, there didn't seem to be anything but more demands on the other end. At least this way I get paid for every hour I work.   except...  Boss recently told me I'd have to cut my hours to 40/week so they didn't run out of hours on the contract. That's cool - it means I work 7-3 and I still feel like I have a day ahead of me at home. After two days of this we're meeting at 2pm and he lays out a shitload of stuff he wants done then says ""we'll get back together about 5 to see how it's going.""  I said ""This isn't getting done today"" and he seemed all shocked.   Oh, I get it - you didn't want me to stop *working* 50 hours a week. You just want me to stop *billing* 50 hours a week. Let me think about that. No."


Unless I'm misunderstanding something, you don't need to move your assets into a new type of account to accomplish your goal of letting your money grow in a low cost vanguard index fund. Simply reallocate your assets within the Inherited IRA. If the brokerage you're in doesn't meet your needs (high transaction fees, no access to the Vanguard funds you're interested in) you can always move to a low cost brokerage. The new brokerage can help you transfer your assets so that the Inherited IRA remains intact. You will not have a tax burden if you do this reallocation and you'll be able to feel good about your diversification with a low cost index fund. You will, however, have to pay taxes on your RMD. Since you're young I can't imagine that your RMD will be greater than the $5k you can invest in a Roth IRA. If it is, you can open a personal account and keep letting the the money grow.


"This is the best tl;dr I could make, [original](http://www.higherrockeducation.org/blog/state-of-the-economy-may-2017) reduced by 84%. (I'm a bot) ***** > The core inflation rate remains below the Federal Reserve&#039;s target of 2.0 percent, but most economists do not believe it is enough to deter them from increasing the Federal funds rate when they meet June 13th and 14th. Gross Domestic Product The United States real gross domestic product, the most common measure of economic growth, increased 1.2 percent in the first quarter of 2017, according to the Bureau of Economic Analayis.  > Contributing to the decrease in profits were large legal settlements of Volkswagen AG, Credit Suisse, and Deutche Bank AG. Profits were 11.9 percent higher than the first quarter of 2016.  > During the past year wages have increased 2.5 percent, while the consumer price index has increased 2.2 percent.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ghh0k/the_state_of_the_us_economy_may_2017/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~141209 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*: **percent**^#1 **inflation**^#2 **increased**^#3 **rate**^#4 **quarter**^#5"


SpecKK's answer is excellent, I've only got two things to add: When your creditors change your account number, make sure to update your online information. You're not sending back a coupon, so it's up to you to make sure it has the new number and gets posted to the correct account. If your bank supports it, give the creditors good labels/nicknames. If you have names that are similar, it's easy to send a payment to the wrong place -- this may not be easy to detect and is a hassle to straighten out.


You're assuming here that anything that is difficult to obtain will be highly desired.  For me, value is largely determined by the buyer. Even if it takes the same effort to get 20 bushels of apples and a nugget of gold, if the majority of people find a nugget of gold to be worth 100 bushels, that will be the value of gold.   Conversely, lets say there is an element buried deep in the earth that has no use whatsoever. Even if it takes the effort of 10 nuggets of gold, because nobody has any use for it, its value will be zero. Even though there is high effort to procure.  I hope that clarifies your question of the exchange rate. It is determined by how much each party values the goods involved.


The balance sheet and income statements are located in the 10-K and 10-Q filings for all publicly traded companies. It will be Item 8.


It'd be interesting to break it out by first-generation college students vs. student's whose parents and immediate family also graduated from college.  Oh, also this is looking at students who graduated in '04, and it's well known that the recession hit black people way harder than everyone else (see employment rates). I can see those two things having linked effects.


The volatility measures how fast the stock moves, not how much. So you need to know the period during which that change occurred. Then the volatility naturally is higher the faster is the change.


You need to protect from two types of disasters. You need to set a goal. In 5 years I will have X months of emergency funds. Then start building it. You can also make sure that any found money (birthday check from your grandmother or bonus check at work) goes into building the fund.  While is seems a waste to pay all that interest for the student loans, you may decide that having an emergency fund is more important. Note: don't mix the two types of emergency funds. It is less confusing to have two sub accounts, because it avoids the double counting of the funds.


"> ""How to win friends and influence people"" by Dale Carnegie   It's one of those titles that gets thrown around so much, you forget that it is a real book, but it is really such a great one. I have the audio book version and I put it on from time to time to refresh myself."


I think Infochimps has what you are looking for: NYSE and NASDAQ.


When you get a loan (car, home, student) the lending company (bank) give the (auto dealer, previous home owner, school) money. You as the borrow promise to pay this money back with interest.  So in your case the 100,000 you borrow requires a payment for principal and interest of ~965 per month. After 240 payments you will have paid the bank ~231,605.  So who got the ~131,000 in interest. The bank did. It was used to pay interest to the people who made deposits into the bank. It was also used to pay the expenses of the bank: salaries, retirement, rent, electricity, computers, etc. If the bank is a company with investors they may have to pay dividends to them to.  Of course not all loans are successfully paid back, so some of the payment goes to cover the loans that are in default. In many cases loans are also refinanced, or the house is sold long before the 20-30 year term is up. In these cases the amount of interest received for that loan is much less than anticipated, but the good news is that it can be loaned out again.


I know that is the philosophy, but non-adventurous eaters are relatively easy to please by making different home-style & bar-food combinations of basic, quality ingredients.  Tons of less sophisticated operations can handle great tasting, chicken, beef and pasta dishes with good margins.


Given Tesla have decided this is a sufficiently important enough event that the extra capabilities are unlocked that means the car has the ability to peak in emergencies but only Tesla has control. Tesla defines what counts as an emergency that would boost your car. That is actually pretty bad, a personal emergency and lack of power might get you killed yet the car is capable of going further but Tesla says no with a software lock.


"Trying to figure out how much money you have available each day sounds like you're making this more complicated than it needs to be. Unless you're extremely tight and you're trying to squeeze by day by day, asking ""do I have enough cash to buy food for today?"" and so on, you're doing too much work. Here's what I do. I make a list of all my bills. Some are a fixed amount every month, like the mortgage and insurance premiums. Others are variable, like electric and heating bills, but still pretty predictable.  Most bills are monthly, but I have a few that come less frequently, like water bills in my area come every 3 months and I have to pay property taxes twice a year. For these you have to calculate how much they cost each month. Like for the water bill, it's once every 3 months so I divide a typical bill by 3. Always round up or estimate a little high to be safe. Groceries are a little tricky because I don't buy groceries on any regular schedule, and sometimes I buy a whole bunch at once and other times just a few things. When groceries were a bigger share of my income, I kept track of what I spent for a couple of months to figure out an average per month. (Today I'm a little richer and I just think of groceries as coming from my spending money.) I allocate a percentage of my income for contributions to church and charities and count this just like bills. It's a good idea to put aside something for savings and/or paying down any outstanding loans every month. Then I add these up to say okay, here's how much I need each month to pay the bills. Subtract that from my monthly income and that's what I have for spending money. I get paid twice a month so I generally pay bills when I get paid. For most bills the due date is far enough ahead that I can wait the maximum half a month to pay it. (Worst case the bill comes the day after I pay the bills from this paycheck.)  Then I keep enough money in my checking account to, (a) Cover any bills until the next paycheck and allow for the particularly large bills; and (b) provide some cushion in case I make a mistake -- forget to record a check or make an arithmetic error or whatever; and (c) provide some cushion for short-term unexpected expenses. To be safe, (a) should be the total of your bills for a month, or as close to that as you can manage. (b) should be a couple of hundred dollars if you can manage it, more if you make a lot of mistakes. If you've calculated your expenses properly and only spend the difference, keeping enough money in the bank should fall out naturally. I think it's a lot easier to try to manage your money on a monthly basis than on a daily basis. Most of us don't spend money every day, and we spend wildly different amounts from day to day. Most days I probably spend zero, but then one day I'll buy a new TV or computer and spend hundreds.  Update in response to question What I do in real life is this: To calculate my available cash to spend, I simply take the balance in my checking account -- assuming that all checks and electronic payments have cleared. My mortgage is deducted from my checking every month so I post that to my checking a month in advance. I pay a lot of things with automatic charges to a credit card these days, so my credit card bills are large and can't be ignored. So subtract my credit card balances. Subtract my reserve amount. What's left is how much I can afford to spend. So for example: Say I look at the balance in my checkbook today and it's, say, $3000. That's the balance after any checks and other transactions have cleared, and after subtracting my next mortgage payment. Then I subtract what I owe on credit cards. Let's say that was $1,200. So that leaves $1,800. I try to keep a reserve of $1,500. That's plenty to pay my routine monthly bills and leave a healthy reserve. So subtract another $1,500 leaves $300. That's how much I can spend. I could keep track of this with a spreadsheet or a database but what would that gain? The amount in my checking account is actual money. Any spreadsheet could accumulate errors and get farther and farther from accurate values. I use a spreadsheet to figure out how much spending money I should have each month, but that's just to use as a guideline. If it came to, say, $100, I wouldn't make grandiose plans about buying a new Mercedes. If it came to $5,000 a month than buying a fancy new car might be realistic. It also tells me how much I can spend without having to carefully check balances and add it up. These days I have a fair amount of spending money so when, for example, I recently decided I wanted to buy some software that cost $100 I just bought it with barely a second thought. When my spending money was more like $100 a month, lunch at a fast food place was a big event that I planned weeks in advance. (Obviously, I hope, don't get stupid about ""small amounts"". If you can easily afford $100 for an impulse purchase, that doesn't mean that you can afford $100 five times a day every day.) Two caveats: 1. It helps to have a limited number of credit cards so you can keep the balances under control. I have two credit cards I use for almost everything, so I only have two balances to keep track of. I used to have more and it got confusing, it was easy to lose track of how much I really owed, which is a set up for getting in trouble."


If I understand TransferWise’s Supported Countries page correctly, you could use their service. I believe it should be cheaper than having the bank convert. I've been very happy with the service and use it regularly.


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Of course a higher tax rate will impact my decision on whether to invest or not. The return may still be positive but a higher tax rate could very well drop the returns below the cost of capital. There's a nice little box for the tax rates in any financial model for a reason.


"It would appear that you are not actually ""equal"" partners.  You have differently valued interests and those values fluctuate based on individual performance.  The TurboTax advice is simplified for entities that don't track interests relative to partner inputs. IRC § 704(a), partner's distributive share is set by the partnership agreement, and § 704(b), failing an allocation by the agreement it is set by the partner's interest in the partnership.  But note § 704(b)(2), which prevents blatant tax-rigging in the partnership agreement."


">Please re-examine your violence based statist dementia.   Capitalism is essentially a form of violence and statism anyway, so please shove your ""anarcho""-capitalism up your ass, or at least go ask the folks on /r/anarchist what *real* anarchism is."


Toward the philosophical side of your question, it seems to me that what is most important is knowing how well your fund is performing versus it's benchmark. This is an actionable piece of information that can help you get out of an under-performing fund, although if you're already using Vanguard it's likely a low cost and broadly diversified fund. Ultimately, what you want to avoid over the long term is under-performing the market due to high fees, market timing, poor fund selection etc., and selecting a fund that closely tracks the market seems to be the best way to achieve this, assuming that you intend to be a passive investor. I don't see a clear benefit to calculating a personal rate of return. If the fund is performing well versus its benchmark, you are likely to stay with it, and if it is performing poorly, you  are likely to pull out. At the end of the day, the complicated accounting won't actually change the amount you've got in your account, so I'd recommend picking a good fund, checking up on it once in a great while, and putting your time to better purpose.


I realize that for sure. I traded it speculatively in early 2013 during that meteoric rise. I'm just saying that it seems these currencies only exist because the big banks allow them to. Large scale adoption, I believe, will always be stymied by the big boys who can wipe out steady growth with a wave of their hand. Average folks just will never have the stomach to hold through that type of tumult.


It's amazing! There's only one Toys store company left in the USA, one Bookstore company left in the USA (Barnes and Noble), one Electronics store (Best Buy) and they all do terribly despite no competition.  P/S: One of my newest colleagues at work is a former Toys R Us employee. She tells me that, now, Toys R Us is working on a website to sell toys on-line. If you did not know, up until recently, Toys R Us never had a website to sell, and, instead, they sent you to Amazon to buy over there from the Toys R Us store. Now you get what happened?


This would be exactly the sort of product that a thief would want, if they had got ahold of some account numbers and wanted to steal the money from those accounts, in a way that would let them spend it as conveniently as possible. That should explain why I think it's unlikely that any such product exists.


Then it sounds like all we need is an internet connection and access to search. I guess information retrieval is the organizational equivalent of accessing long-term and short-term memory. Spammers are the equivalent of intrusive thoughts and songs you can't get out of your head. And links you weren't looking for but are fascinating anyway, maybe similar to inspiration...


"Is there more on where Dalio gets his definitions for the short-term debt cycle (5-8 years or so) and ""deleveraging"" and the long-term debt cycle (75-100 years)? (or his evidence that separates the two)?  At one point 18:10, he says the difference is that in a deleveraging, interest rates hit 0 and can no longer go lower, but I don't know if that works as a definition per se.  There are other things that central banks do when interest rates hit 0, like buy up assets (which he does mention and include in the ""print money"" category of things that can be done during a deleveraging).  And one of the deleveragings he cites, England in the 1950s, according to Wikipedia was due to difficulty in transitioning out from war production, and according to [this excel file](http://www.bankofengland.co.uk/statistics/Documents/rates/baserate.xls) from the Bank of England on historical rates, it doesn't say interest rates went to 0 at that time (unless Dalio is referring to another point in history when he cites 1950s England).    20:30 His definition of a depression is when debt restructuring or defaults happen.  Interesting.  What I learned was that there isn't really a hard and fast definition for recessions and depressions (e.g. a recession is two quarters of negative growth in a row and a depression is just a reeeaallly bad/long recession).  And I don't think I recall encountering in the past an attempt to define what a ""deleveraging"" event of an economy is.    24:30 Is debt reduction and redistribution of wealth deflationary?  I think it depends on how much the debt reduction or redistribution hurts the spending of the lender or wealthy versus how much it helps the spending of the borrower or the poor.  Both are actually similarly ""giving some from the haves to the have nots,"" and especially redistribution of wealth is similar to fiscal spending, which is mentioned 25:30 as a valid inflationary way to try to help the economy.  26:00 Are deflationary methods (say, austerity) needed to balance out the inflationary methods (central bank buying assets and fiscal spending)?  Aren't central bank (interest rates, quantitative easing) and the government (fiscal policy) still the main things that move inflation or deflation?  I would think that debt reduction and redistribution of wealth are good when needed, but I wouldn't think you would do those things *mainly* for their (supposed, see above for my doubts) deflationary effects.    Still, a very interesting video and one of the best presented videos on a difficult subject."


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So true, I'm 30 and got rid of my FB 2 and a half years ago. My gf is almost 10 years my junior, most of her friends don't have FB it seems like the younger generation is ditching Facebook all together.   Older people I know are all either just getting into Facebook now or have only had it a few years. Wild times


Costa Rica Adventure Vacations: Costa Rica has become one of the world's most sought after destinations not only due to   its exotic beaches, diversified flora and fauna, but also for the wide variety of adventure travel activities and   excursions that are available, such as river rafting, trecking, diving etc.


No. This logic is dangerous.  The apples to apples comparison between renting and buying should be between similar living arrangements. One can't (legitimately) compare living in a 600 sq ft studio to a 3500 sq ft house.  With the proposal you offer, one should get the largest mortgage they qualify for, but that can result in a house far too big for their needs. Borrowing to buy just what you need makes sense. Borrowing to buy a house with rooms you may never visit, not a great idea.  By the way, do the numbers. The 30 year rate is 4%. You'd need a $250,000 mortgage to get $10,000 in interest the first year, that's a $312,000 house given an 80% loan. On a median income, do you think it makes sense to buy a house twice the US median?  Last, a portion of the tax savings is 'lost' to the fact that you have a standard deduction of nearly $6,000 in 2012. So that huge mortgage gets you an extra $4000 in write-off, and $600 back in taxes.  Don't ever let the Tax Tail wag the Investing Dog, or in this case the House Dog.  Edit - the investment return on real estate is a hot topic. I think it's fair to say that long term one must include the rental value of the house in calculating returns. In the case of buying of way-too-big house, you are not getting the return, it's the same as renting a four bedroom, but leaving three empty.  If I can go on a bit - I own a rental, it's worth $200K and after condo fee and property tax, I get $10K/yr. A 5% return, plus whatever appreciation. Now, if I lived there, I'd correctly claim that part of my return is the rental value, the rent I don't pay elsewhere, so the return to me is the potential growth as well as saved rent. But if the condo rents for $1200, and I'd otherwise live in a $600 apartment with less space, the return to me is lost. In my personal case, in fact, I bought a too big house. Not too big for our paycheck, the cost and therefore the mortgage were well below what the bank qualified us for. Too big for the need. I paid for two rooms we really don't use.


you should invest in a range of stock market indexes. Ex : Dow jones, S&P500, Nasdaq and keep it there until you are ready to retire. I'm invested half in SLYV and SLYG (S&P600 small cap value and S&P600 small cap growth; Respectively). It brings on average between 8-13% a year (since 1971). This is not investment advice. Talk to your broker before doing this.


"According to Wikipedia: In the finance industry, something   done on a secular basis is done on a   long-term basis, not a temporary or   cyclical one, with a time frame of   ""10–50 years or more"" Source"


"This is a misconception. One of the explanations is that if you buy at the ask price and want   to sell it right away, you can only sell at the bid price. This is incorrect. There are no two separate bid and ask prices. The price you buy (your ""bid"") is the same price someone else sells (their ""sell""). The same goes when you sell - the price you sell at is the price someone else buys. There's no spread with stocks. Emphasized it on purpose, because many people (especially those who gamble on stock exchange without knowing what they're doing) don't understand how the stock market works. On the stock exchange, the transaction price is the match between the bid price and the ask price. Thus, on any given transaction, bid always equals ask. There's no spread. There is spread with commodities (if you buy it directly, especially), contracts, mutual funds and other kinds of brokered transactions that go through a third party. The difference (spread) is that third party's fee for assuming part of the risk in the transaction, and is indeed added to your cost (indirectly, in the way you described). These transactions don't go directly between a seller and a buyer. For example, there's no buyer when you redeem some of your mutual fund - the fund pays you money. So the fund assumes certain risk, which is why there's a spread in the prices to invest and to redeem. Similarly with commodities: when you buy a gold bar - you buy it from a dealer, who needs to keep a stock. Thus, the dealer will not buy from you at the same price: there's a premium on sale and a discount on buy, which is a spread, to compensate the dealer for the risk of keeping a stock."


Business analytics is a huge umbrella term, but if you're interested in the web analytics part of it, I'd highly recommend google analytics' tutorials. The videos are very well done and they'll give you a dummy account to practice with.


He has had at least [four or more bankruptcies depending which ones you count](http://www.politifact.com/truth-o-meter/statements/2016/jun/21/hillary-clinton/yep-donald-trumps-companies-have-declared-bankrupt/), and at least 3 of them were from active casinos.  Where most of the games are mathematically rigged in the houses favor.    It is kind of mind boggling that he can go bankrupt even running a casino.