ok so greece and ireland- funding of the banks has added quite a bit of deficit over the past couple of years. this has been problematic, as countries become unwilling to ask for help to save the bank because of the poor public image that it carries - no politician wants to increase the deficit in favor of bank (expect americans ? LOL) additionally, it has a negative impact on economy (discussed below)  this year, ECB has agreed to allow direct recapitalization of banks.  This means that the Spanish Govt will not be responsible for bank funding when the bailout is established - thus reducing the impact on spain's economy. there will not be an increase in deficit when spanish banks are recapitalized  in the past, with ireland and greece, it was difficult because - countries had to implement austerity measure and accept funding to recapitalize bank. weakened balance sheet of troubled countries drove up the cost of money, making it more difficult to recapitalize the banks, which worked in a cycle. direct recapitalization has been implemented to limit this effect


Right, but the union as in favor of it when it passed.  It had the broad support of the democratic members of congress and the letter carriers union.  They didn't anticipate that the losses would be used as an excuse to kill the post-office.  Rather that just say that they are trying to re-write history.


> They can buy a jar and put coins in it.  because that's all there is to shooting a cover shot for a top-rated magazine, right?  Time buy a lot of stock. Companies buy stock out of convenience. If you wanted a pro photographer to photograph a jar of coins at sufficient quality for a high-end magazine cover, expect to pay in the region of $2-3000.  $30 is way too low, but if that's the price he asked, that's the price they're gonna pay. Nobody asks a vendor if you can pay him more than the stated price.


Air Conditioners are very important in our life as it not only provides us cool air but also the fresh air that free from dust and pollution. So, before employing a repairing person, confirm that they are authorized, guaranteed and convey the required information and experience to benefit your Air Conditioner.


"It would be useful to forget about the initial price that you invested - that loss happened, it's over and irreversible, it's a sunk cost; and anchoring on it would only cause you to make worse decisions. Getting ""back"" from a loss is done exactly the same as growing an investment that didn't have such a loss. You have x units of stock that's currently priced $46.5 - that is your blank slate; you need to decide wether you should hold that stock (i.e., if $46.5 is undervalued and likely to increase) or it's likely to fall further and you should sell it.   The decision you make should be exactly the same as if you'd bought it a bit earlier for $40."


Do some math. Figure out the net (after tax) money you'd have if you left it taxable, then look at the difference. In effect, you'd pay $X (the tax now) for $Y benefit (the tax on the full benefit not paid).  The math works similar to you buying a small policy on your own.


#####&#009;  ######&#009;  ####&#009;  [**Resource curse**](https://en.wikipedia.org/wiki/Resource%20curse): [](#sfw)   ---  >The __resource curse__, also known as the __paradox of plenty__, refers to the [paradox](https://en.wikipedia.org/wiki/Paradox) that countries and regions with an abundance of [natural resources](https://en.wikipedia.org/wiki/Natural_resource), specifically point-source non-renewable resources like [minerals](https://en.wikipedia.org/wiki/Mineral) and [fuels](https://en.wikipedia.org/wiki/Fuel), tend to have less [economic growth](https://en.wikipedia.org/wiki/Economic_growth) and worse development outcomes than countries with fewer natural resources. This is hypothesized to happen for many different reasons, including a decline in the competitiveness of other economic sectors (caused by appreciation of the [real exchange rate](https://en.wikipedia.org/wiki/Real_exchange_rate) as resource revenues enter an economy, a phenomenon known as [Dutch disease](https://en.wikipedia.org/wiki/Dutch_disease)), volatility of revenues from the natural resource sector due to exposure to global commodity market swings, government mismanagement of resources, or weak, ineffectual, unstable or corrupt institutions (possibly due to the easily diverted actual or anticipated revenue stream from extractive activities).  >====  >[**Image**](https://i.imgur.com/Mwn9GmF.jpg) [^(i)](https://commons.wikimedia.org/wiki/File:Carson_Fall_Mt_Kinabalu.jpg)  ---  ^Interesting: [^Dutch ^disease](https://en.wikipedia.org/wiki/Dutch_disease) ^| [^Political ^corruption](https://en.wikipedia.org/wiki/Political_corruption) ^| [^Natural ^resource](https://en.wikipedia.org/wiki/Natural_resource) ^| [^Coltan](https://en.wikipedia.org/wiki/Coltan)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&subject=AutoWikibot NSFW toggle&message=%2Btoggle-nsfw+ck4slm8) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&subject=AutoWikibot Deletion&message=%2Bdelete+ck4slm8)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)


Everything you said deserves about a million more upvotes.  On top of that, I've seen lots of GOOD, solid, could-be-successful funded companies go belly up because of micro-managing or forced hires/fires by their VC, which ripped apart the company, destroyed the product, lost customers, made everyone hate coming to work, etc.  Snatching defeat from the jaws of victory…  Like anything else, you have to be extremely careful and extremely suspicious when you give control over your baby to somebody else. Sadly few would-be founders think of slow-dating, they'll just hop into a shotgun marriage with whoever waves the largest fistfuls of cash.  I wrote about this in re: cofounders, but the same applies to investors: http://unicornfree.com/2011/lets-cofound-a-baby/


I still use checks to pay rent and occasionally some bills/liabilities. That said, I did notice an (elderly) lady paying by check at the supermarket a while ago. So is it really common to get a paycheck in the sense that you get a piece of paper? Yes and no.  There are some people that opt for the physical paycheck.  Even if they do not, there is a pay stub which serves as a record of it.  My last employer went to online pay stubs and a bunch of us opted out, sticking with the good old paper in an envelope.  We sure were glad of that when there were technical issues and security concerns with the online service.


Ngày nay để phục vụ nhu cầu đời sống con người thì những hình ảnh, mẫu bếp đẹp ngày càng đa dạng nhiều hơn, với những kiểu dáng kiến trúc khác nhau nhưng chi phí là không đáng kể.


"It's astounding to me that the customers are so ignorant about the technology they enjoy that they would blame Netflix for the poor bitrate...I don't understand this whole ""cut the cable"" movement when you are still dependent on the cable company to be your broadband provider...It's all coming through the same pipe and the cable co. has a strangle grip on it."


I have done this, and the reason is to make sure that I don't run out of money in my account to place the order if there is an unexpected upswing in price. Suppose I have $1000 in my account and I want to buy 10 shares of ABCD that are currently at $99.  If the price doesn't change, then I am all set, but if the price goes up to $101 then I don't have sufficient funds to make the purchase. By placing a limit order at $100 I can ensure that I have enough money to place the order. In general, it is a rather unlikely scenario that it could happen, but placing the limit order is easy to do and it gives me peace of mind. I don't know what you mean about bypassing the queue.


Politicizing the hospitality industry might send a few more customers your way but I'm sure that some sort of anti-PC Hollywood version of a roadhouse / biker bar / casino / hotel that was semi-tasteful enough to attract tourists would be a safe bet.


>Bankruptcy is simply a financial tool inside our legal system, nothing more, nothing less.  So hypothetically, if I were a high net worth individual. I create a number of Corporations and put all my assets in them. I lease a car with Corp #2 - which I never have more than a few thousand $ in.  Have my House in Malibu in Corp#1  My place is Manhattan is in C#3  I am an employee of C#4, 5 and 6.  I crash my car into you and you are permanently disabled.  You can't work, you don't have much savings, lose your house or apartment.  As it turns out, there is no insurance on the car and the lease hasn't been paid in months.  You sue me.  No assets in Corp #1.  You sue me personally - yet on paper I don't own anything.  My personal net worth is effectively $0.  Assuming you can find an attorney to take this on - and you win in court and get a judgement against me.  I have no assets.  Nothing to take, nothing to garnish - nothing at all.  You on the other hand have bills piling up not to mention the $100's thousands in medical expenses.  You are ruined.  I am vacationing in the South of France.  Nothing unethical about that I guess.   *spelling miztaks


How should we disregard leverage when it's the leverage that creates the 'wipe-out' potential? If you simply convert 100K EUR to USDollars, you dollars might then fluctuate a few thousand, maybe even 10K over a year, but the guy that only put up 1000 EUR to do this has a disproportionally higher risk.


There is no slack of money.  People who are saving their money don't have it stored under their mattress.  Instead they have it saved in a bank that is in turn being loaned out at the lowest rates in history.  All of this manipulation of the economy has finally caught up to us and the last thing we need is more manipulation.  We just have to let the bad investments and the misallocations weed out first.  I agree with you that it's a tough thing to endure in the short term but it will help us in the long term.


Mind if I ask you a little bit about what you do? Such as: job title, what time you hit your desk, what a typical day schedule looks like, interactions with clients, relationships with superiors? I just graduated with a bachelor's in finance from DePaul in Chicago and am still looking for a job. No bluntwraps for me until I get my career haha


Haha no idea what your background is, if you took a semester of political science at liberal arts and now are the authority on arbitration clauses, but the Former NJ attorney general wasn't sure about this. But ya you totally know...


Yet, if you are wealthy enough to have already accumulated the bulk of your savings, they're going to treat your capital gains much more favorably than the wage income of the poor shlub who's still trying to make these contributions. I can't wait to see how they attempt to sell this to the average taxpayer.


If you are a novice investor and want to diversify, I'd recommend looking into targeted mutual funds. They couldn't be easier. You just put your money in the fund with the year that you anticipating needing to take the money out and the fund manager handles diversification and adjusting the risk appropriately over the life of the fund based on the remaining time horizon. The only downside is that the annual expenses tend to be higher on these than if you just invested in the underlying securities/funds, but you are pretty much paying them to manage it for you.


Yes, if you notice that 98% of your black employees like fried chicken it is still racist to say black people like fried chicken. What if you lived in NYC and been mugged five times. Each time was a black person. Would you still think it wasn't racist to say that black people are criminals?   Look, making a generalization about an entire race based on a few people (regardless of your personal experience) is racist. Very few stereotypes come completely from nowhere, Asians being good at math is a sterotype, but the fact is a large proportion of Asian countries focus a lot of effort on math education. But assuming someone who is Chinese is good at math because they are Chinese is racist. Because you're making an assumption about an individual based on nothing more than their race (this particular Chinese person might hate math, might have been raised in a country with poor math education, so on and so forth).  And this carries into sexism as well. Hiring women or not isn't what makes you a sexist. Assuming that because someone is a woman she will gossip or cause drama is what makes you a sexist.


My dark age only ended about a year ago. Once I had bought a few mixed bags and sorted them I called my parents to ask them where the old collection ended up. Apparently they gave it all to my younger sister for her kids. Those two little kids have no idea how lucky they are to start out with a collection that big! Spoiled little brats! (I love them though.)


It's still the purchase price or the price at which the shares are purchased or granted. This Investopedia article describes how the price is used for tax purposes: The amount that must be declared [for tax purposes] is determined by subtracting the original purchase or exercise price of the stock (which may be zero) from the fair market value of the stock as of the date that the stock becomes fully vested. Restricted stock awards are similar to stock options. The employer promises to grant the employee a certain number of shares upon the completion of the vesting schedule. The price at which the shares are purchased (or granted, if the price is zero) is the exercise price.


If all the land was created the price would fall out the bottom and all the farmers would go out of business.  That is why doing things like supporting corn based ethanol is smart as we then can let them grow it and not drop the price down.


"This is basically what financial advisers have been saying for years...that you should invest in higher risk securities when you are young and lower risk securities when you get older. However, despite the fact that this is taken as truth by so many financial professionals, financial economists have been unable to formulate a coherent theory that supports it.  By changing the preferences of their theoretical investors, they can get solutions like putting all your investments in a super safe asset until you get to a minimum survival level for retirement and then investing aggressively and many other solutions.  But for none of the typically assumed preferences does investing aggressively when young and becoming more conservative as you near retirement seem to be the solution.  I'm not saying there can be no such preferences, but the difficulty in finding them makes me think maybe this idea is not actually correct. Couple of problems with your intuition that you should think about: It's not clear that things ""average out"" over time.  If you lose a bunch of money in some asset, there's no reason to think that by holding that asset for a while you will make back what you lost--prices are not cyclical.  Moreover, doesn't your intuition implicitly suggest that you should transition out of risky securities as you get older...perhaps after having lost money? You can invest in safe assets (or even better, the tangency portfolio from your graph) and then lever up if you do want higher risk/return.  You don't need to change your allocation to risky assets (and it is suboptimal to do so--you want to move along the CAL, not the curve). The riskiness of your portfolio should generally coincide (negatively) with your risk-aversion.  When you are older and more certain about your life expectancy and your assets, are you exposed to more or less risks?  In many cases, less risks.  This means you would choose a more risky portfolio (because you are more sure you will have enough to live on until death even if your portfolio takes a dive). Your actual portfolio consists both of your investments and your human capital (the present value of your time and skills).  When you are young, the value of this capital changes significantly with market performance so you already have background risk.  Buying risky securities adds to that risk.  When you are old, your human capital is worth little, so your overall portfolio becomes less risky.  You might want to compensate by increasing the risk of your investments. EDIT: Note that this point may depend on how risky your human capital is (how likely it is that your wage or job prospects will change with the economy). Overall the answer to your question is not definitively known, but there is theoretical evidence that investing in risky securities when young isn't optimal. Having said that, most people do seem to invest in riskier securities when young and safer when they are older. I suspect this is because with life experience people become less optimistic as they get older, not because it is optimal to do so.  But I can't be sure."


"My advice: IMO, all things being somewhat equal, you should always try to retire debts as quickly as possible in most cases, so start with the small cases. The method of calculating credit card interest is written on the statement. Usually it is ""average daily balance method"". Don't sweat the details. Just pay the things off."


By coming off as arrogant and indifferent to alternate viewpoints with good intention and a mass of intelligent people who study it?   It's like when I hear socialist arguments, I realize they are good intentioned and there are intelligent arguments, I just counter it with my own, not some me vs them bullshit.


>I would be really surprised if they didn't have more relatively short term debt as they were in the midst of a global freaking conflict, man.  What its spent on is a political decision and isn't relevant, except that its even less useful than how it might be spent today.  >I just don't want to open the unlimited money taps without carefully considering how long we can leave them open  You are the only one saying that. Its a straw man.  >If you're deciding whether or not to spend a crap ton of money you don't have, it helps if you haven't already spent a crap ton of money you don't have  The government is the issuer of the currency. It doesn't have it or not have it. It creates it. They've issued an ~~crap ton of money~~ amount that hasn't been clawed back through taxation and they can add to it if it suits them.


This is part of the problem with states not being able to set import taxes.  Companies can shop around for better tax breaks with impunity.  Since an actual state tariff system would be unwieldy (as well as unconstitutional) the states need to figure out a better solution.


It makes sense for a lot of people - it's basically weather insurance. It's useful for farmers (bad weather ruining a harvest), airlines (abnormally high amount of snowstorms increasing cost of delayed flights), hotels (rain making people visit less), ski resorts (not enough snow) and other businesses that can be negatively impacted by extreme weather variations.  If they systematically slightly overpay for this protection the speculator can make money on net helping these businesses reduce the volatility of their cashflows which is important because they need to pay their overhead costs every year.  Edit: The derivatives themselves also allows the people selling weather insurance to hedge their exposure on the market.


"I'd forget raises, as they're hard to predict. Figure in cost of living adjustment to keep pace with inflation, and recalculate if you get a raise. I don't think about it too hard. After I deposit my expected monthly expenditures in my checking account, the balance goes to savings, so any raises will go to savings unless I specifically alter my direct deposit settings. I have to make a conscious decision to inflate my lifestyle if I want to spend that money. Also, realize that ""matching your income"" is a bit overkill. Right now, part of that income is going to savings. If you spend 60% of your income now, why would you suddenly need the extra 40% when you retire?"


"Law is a mass of special cases, informed by but not driven by some general principles. Tax law likewise. Don't try to make it make sense; you will only confuse yourself.  Not all ""necessities"" are deductable, only those which someone has explicitly passed a law to make deductable."


Paypal is already forbidden from doing business with ISIS. When the government levies sanctions against a group or country, all companies based in that country are forbidden from doing business with that entity, and the penalties are strong enough that companies don't fuck around with that. PayPal hasn't handled business for ISIS in years.


What I find hilarious about this is that the middle class thought they actually had that value in the first place.  Looks like the hood has been pulled off and they now realize 'oh wait you mean Im actually very poor'.  Yes, your house was not worth that much.  In fact its value may still be inflated.  This goes doubly true for the over extended and failing suburban sprawl 'experiment' that began in the 70s.  Its all been stolen b/c a generation wasnt taught about how money actually works.    Its sad but maybe now people will pay attention to politics and economics and do something about our disastrous policies.


Sorry yes it's a state school. It's not online only. They offer online courses for their business degrees. I agree about a finance degree and honestly I'm more interested in that field, but the job prospects in my area aren't very good. On indeed jobs requiring finance degrees anywhere near me are a few dozen. Jobs with accounting degrees are in the hundreds. I'm 31. Married. Have a 1 year old and my wife is extremely close with her family and probably wouldn't want to move. I'm looking for financial security in a job I don't hate. My dilemma is that  all of my experience is sales with a financial background. I'm concerned I'll never be able to get out of that field without a bachelor's, but I'm not sure I can justify the expense. Thank you for all your help by the way.


If my salary slip says that I will be paying x INR tax this financial year. Then how much minimum investment I need to do to avoid any tax? This rebate is not directly linked to investments. If your total Gross is less than Rs 5 lacs, from the total tax computed, you can claim a rebate of upto Rs 5000. Does salary slip considers this rebate amount? This depends on the company policy. Companies may already factor in the rebate and deduct less tax. However it is important to claim this when you file the Returns, else it would show up as excess tax. There is no provision in the company form 16 to show this. Further if your taxable income becomes more than Rs 5 lacs, due to say other income, you will not be eligible for this rebate and have to pay tax. Do I have to explicitly specify this claim under 87A in my ITR? Yes you have to. If you company has already factored this while deducting tax you will not get any refunds. If the company has not factored this, you will have to claim refund. If above is true, and x is not calculated by considering this rebate amount, As indicated, this is not directly linked to investments. Will this increment of tax rebate from 2000INR to 5000INR will be applicable immediately  This is applicable for financial year 2016-2017 for which you would be filing returns in 2017. Edit: If you say Gross salary is say Rs 6 lacs. If you invest 1.5 lacs in 80C. Your Net taxable income is Rs 4.5 lacs. The tax on 4.5 lacs Normal individual less than 60 years will be 10% of 2 lacs. i.e. Rs 20,000. You can then claim Rs 5000 as deduction under 87A and pay only Rs 15,000 [20000-15000]. If your Gross salary is say Rs 2.8 lacs. You don't do any investments, your Net taxable income is Rs 2.8 lacs. The tax would be Rs 3000. You can claim rebate under 87A and not pay any tax.


What I'm saying is the thing to weigh the spending response against is the needs of the real economy. The optimum spending level is the one that sufficient to reach full employment in the present period and no, we're not at it.  It helps to always keep the other side of the ledger in mind. Government debt *is* non-government savings. Government deficits *are* non-government surpluses, [to the penny](http://i.imgur.com/2OpPBuI.png).


Focus more on asking him questions about his job and industry so he can tell it is something you're interested in. Dazzle him with your deep questions and he will get a good first impression of you. If he doesn't offer you a job on the spot, send a thank you email and drop a hit that you're in the market for a job.


"This is the best tl;dr I could make, [original](https://www.theguardian.com/science/political-science/2017/jul/21/concorde-was-the-flying-brexit-a-different-era-but-the-same-mistakes?CMP=Share_AndroidApp_reddit_is_fun) reduced by 90%. (I'm a bot) ***** > Concorde, the fastest lame duck ever built, was a flying Brexit.  > What did politicians say about Concorde? Well, Concorde was not only going to bring supersonic speed to civil air travel, but also ensure that Britain could capture a crucial new export market and create a world-beating aviation industry in the coming supersonic revolution.  > As secretary of state for industry, Tony Benn revealed to parliament in 1974 that Britain would not recover any of the &pound;600m that the government spent on Concorde.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6opnmm/concorde_a_different_era_but_the_same_mistakes/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~172326 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*: **Concorde**^#1 **Britain**^#2 **government**^#3 **project**^#4 **cost**^#5"


This is complete bs. Other countries already have the kiosks and have had them for awhile now. In case you didn't know, mcdonald's has been failing for quite some time. The adding to of the 24hr breakfast helped them out a bit, but they are still struggling with sales. There best bet to please the shareholders is to get rid of a percentage of the work force, and replace them with a kiosk. It's all about turning a profit, and the minimum wage going up has nothing to do with their declining sales.


- This is a simple solution because you don't have to monitor a person's trades over time, or even their frequency. Implementing this in the modern computer exchanges seems trivial to me. Asking an exchange to monitor each trader's trades to ensure no HFTs seems full of loopholes (ask a computer to execute HFTs across multiple trader IDs, for example), and I think is a distraction suggestion.  - The reason that I think these taxes don't get implented is, as ChaosMotor correctly states, these taxes empower the government, which is something that a lot of political players (republicans, libertarians, and anarchists) don't want. I have always wondered what would happen if these fees were imposed by the government, implemented by the exchanges, but all money went to, say, the American Red Cross. I think that that would be a pretty good idea.  - Finally, I also want to mention that the government plays a large role in markets already. For example, enforcing contracts, managing bankrupcties, and preventing fraud are all things that the government does to ensure that markets work well. This is another simple thing the the government can do to reduce market uncertainty and make our financial markets work better.


> Costco choose to employ less ppl with higher pay but the trade off is that they hire less ppl.   Is this an assumption or fact? I don't imagine that any company hires more people than they absolutely need, and it's hard to believe they can get the same work done with less people even if they paid them less.


Lather doesn't mean products are cleaning. Bubbling agents are added to make it appear like they're cleaning. Sometime in the history of us products, bubbles came to be seen as a sign that the product is working, even though it's not doing shit. Just fyi.


The safest place to put money is a mixture of cash, local municipal bond funds with average durations under two years and US Treasury bond funds with short durations.  Examples of good short term US municipal funds: I'm not an active investor in Australian securities, so I won't recommend anything specific. Because rates are so low right now, you want a short duration (ie. funds where the average bond matures in < 2 years) fund to protect against increased rates. The problem with safety is that you won't make any money. If your goal to grow the value of your investment while minimizing risk, you need to look at equities. The portfolios posted by justkt are a great place to start.


How to get paid to take a trip to the grocery store:  Step 1: become an Amazon fresh driver  Step 2: get people in your neighborhood to sign up for and use amazon fresh  Step 3: go to a fresh grocery store/whole foods with Amazon's curbside delivery and let them load up your car with groceries for your entire neighborhood  Step 4: deliver groceries  Step 5: wait for that sweet Amazon payment


ODE is a math class, why would you need Physics for it? If anything taking ODE before Physics may help you understand whats going on behind some of the formulas you'll have to work with.   The only time physics might be helpful in ODE is when you are modeling things like springs with differential equations. Knowing the basics of Hooke's law would make it easier to understand I guess. That's a really small part of ODE though.


Let's say that you want to invest in the stock market.  Choosing and investing in only one stock is risky.  You can lower your risk by diversifying, or investing in lots of different stocks.  However, you have some problems with this:  When you buy stocks directly, you have to buy whole shares, and you don't have enough money to buy even one whole share of all the stocks you want to invest in. You aren't even sure which stocks you should buy. A mutual fund solves both of these problems.  You get together with other investors and pool your money together to buy a group of stocks.  That way, your investment is diversified in lots of different stocks without having to have enough money to buy whole shares of each one.  And the mutual fund has a manager that chooses which stocks the fund will invest in, so you don't have to pick. There are lots of mutual funds to choose from, with as many different objectives as you can imagine.  Some invest in large companies, others small; some invest in a certain sector of companies (utilities or health care, for example), some invest in stocks that pay a dividend, others are focused on growth.  Some funds don't invest in stocks at all; they might invest in bonds, real estate, or precious metals.  Some funds are actively managed, where the manager actively buys and sells different stocks in the fund continuously (and takes a fee for his services), and others simply invest in a list of stocks and rarely buy or sell (these are called index funds). To answer your question, yes, the JPMorgan Emerging Markets Equity Fund is a mutual fund.  It is an actively-managed stock mutual fund that attempts to invest in growing companies that do business in countries with rapidly developing economies.


Do NOT put any money into this.  Any flying car has to be 100% autonomous. There is no way an owner will ever be permitted to control the thing.  And, that can never happen until totally autonomous road cars have been in use for several years, and proven themselves beyond a shadow of a doubt.  These are the facts.


"no, good questions my friend.  when did you do this rollover? if it was this year, your firm should have forms that you can fill out to ""undo"" the roth conversion - only earnings on your investments will be taxed, and everything gets rolled over to a traditional IRA. not fun for tax filing but...  you can also leave them as is and pay the taxes (usually only a good option if it's a low income year for the filer).  i would consult your tax advisor regardless in this situation."


This may not answer your question but it may be an alternative. My credit union credits my account for deposits immediately (ones I make in an envelope).  They view it as a service to their members.  They take the risk that the member could deposit an empty envelope, say they deposited $400, and then withdraw the money. There may be banks in your country that do business this way.


"You're making an Ad Hominem attack.  Is Bezos being hypocritical?  Of course.  Regardless, his message has merit.  It's like one heroin addict saying to another, ""man you should really get off heroin this shit will kill you"".  The argument has weight regardless who it's coming from."


Not true, Tesla opened its patent book long ago for anyone to use.    https://www.tesla.com/blog/all-our-patent-are-belong-you  Amazing how all of you are looking at Tesla like it's GM, when Musk has said it's the opposite.  It's a movement masquerading as a company.  His goal is not limited to the success of Tesla, but all EVs.


Okay that makes sense, but even if you accept that, I don't see how that's the same as Moviepass. If people start going to the gym a lot more, PF can buy more equipment and facility space. It would be expensive, but their costs wouldn't rise dollar for dollar with the increase in usage. With Moviepass, they are paying the full ticket price for each movie that a customer wants to see; that means for each customer that sees more than one movie a month, they can't make a profit just from the subscription fee on that customer. Their costs rise in direct proportion to use,   I consider some of those costs more fixed than variable though. The labor and equipment costs don't rise in direct proportion to the number of people who go to the gym. Sure, if the attendees jumped 30% they would likely need to buy more equipment but they aren't changing their labor or equipment costs for each person that comes in. It's fixed within a certain level of activity, and only becomes variable if the level of activity changes beyond that threshold.


Developing self-discipline in his spending habits is a prerequisite for dealing with a (sometimes low) variable income.  While it might feel like a roller coaster ride going from boom to bust, develop steady frugal spending habits will ease a lot of that pressure.


Is that basically it? Trading off between withdrawing-anytime vs paying-capital-gain-tax? No. Another significant factor is dividends. In an IRA they incur no immediate tax and can be reinvested. This causes the account value to compound over the years. Historically, this compounding of dividends provides about half of the total return on investments. In a non-IRA account you have to pay taxes each year on all dividends received, whether you reinvest them or not. So outside of an IRA you have a tax drag on both capital gains and dividends.


Yahoo's share price more than tripled under her watch. ($15.45 in July 2012 when she joined, $54.02 when she left). Contrast that to the previous 5 years where it was cut in half ($31 to $15 between 2007 and 2012). You have to go back 17 years to 2000 to find Yahoo being at the $50+ mark again.  Microsoft has only doubled in the last 5 years, Google is up 3.5x which is slightly behind Yahoo as well.   Say what you want, but to stockholders, she has been good.


The 2012 return was due 4/15/2013 (I'm assuming it didn't fall on a weekend). No late filing penalty if there was no tax due, but he has until 4/15/2016 to file for a refund or to document anything that should have carried forward.


posted this over in the thread about this on /r/investing:   > And again, Amazon is already ahead of the curve because they've been building their own shipping and logistics capabilities. I live near several amazon warehouses, and their private trucks are everywhere. [They are also building their own fleet of jets](http://time.com/4440542/amazon-one-airplane-fedex-ups/)


Check out the questions about why stock prices are what they are. In a nutshell, a stock's value is based on the future prospects of the company. Generally speaking, if a growth company is paying a dividend, that payment is going to negatively affect the growth of the business. The smart move is to re-invest that capital and make more money. As a shareholder, you are compensated by a rising stock price. When a stock isn't growing quickly, a dividend is a better way for a stockholder to realize value. If a gas and electric company makes a billion dollars, investing that money back into the company is not going to yield a large return. And since those types of companies don't really grow too much, the stocks typically trade in a range and don't see the type of appreciation that a growth stock will. So it makes sense to pay out the dividend to the shareholders.


"It starts here -  You said you are a high earner, but high is relative. This tax table will show what marginal rate you have for your taxable income. Look at your 2015 return to get a better idea what ""taxable"" means, vs gross income. For starters, with a standard deduction, and just the two of you, $20K comes off your gross. Even so, let's assume you are in the marginal 25% bracket.  The W4 form does offer instructions on how to calculate how much extra to withhold, but, to your point (and brilliant criticism of the process) withholding is not available as a percent, only as normal withholding, i.e. if spouse's income were a flat, predictable number, or as an extra, fixed, number, per check.  You shared with us in your other question she expects to earn $7K-$15K. The average of these 2 numbers is $11K, which at 25%, is $2750. I'd divide that over the number of checks remaining this year (20?) and just withhold that much extra. Use your tax software from last year or an online calculator and in 3 months, see if you are on track. You can adjust the W4 any time to get as close to the actual total year tax due as you'd like. My answer focuses on the 'adjust repeatedly,' part of keshlam's own answer. His quarterly payments suggestion also works and you might prefer it. In general, mine would only take 1-2 adjustments per year at most.  If you withhold too much, as most people seem to do, you'll get it back when you file. But, worst case, you withhold $3750 and she makes just $8000. This is $1750 too much. The average refund is over $3000. Too little, and mhoran's answer explains when you'd owe a penalty."


First you have to understand that insurance is basically a social system, just with Shareholders. Insurance costs consist of 3 factors: Now, to encourage a low-risk behavior a separating factor is search in the vast amount of statistical data. Drivers experience, miles and type of car being the most common, but also other things like oldtimer-status etc. are possible. If it so happens that the 3-5000 miles driver do only in average have 80% of the damage-costs of a comparable group 5-8000 miles driver, you´ll get the 20% bonus on factor 1.  So the answer is, it is not overpriced, there is just no linear relationship to mileage. You can´t divide your insureds in too many groups or you´ll miss the mutual aspect of insurance. If everybody just pays his own risk, he can just do so in his bank and save on overhead and profit.


Also, you need to figure out what sort of comparable data to use that would be best. Meaning, will you have to use just call report data or are there some publicly traded banks your size that would be good matches? I assume you'll have plenty of publicly traded companies to use. I would suggest listening to the latest earnings calls too. The analysts that asks questions of the CEOor cfo are focusing on meaningful topics that might give you ideas. For example, they may ask about energy concentrations or other issues that are meaningful in today's environment.


There is no document that I know of that stipulates otherwise. This can also be corroborated by the fact that RESP withdrawals are considered as income in the name of the student. Thus, so long as the student pays tuition and receives a T2202A slip from the educational institution, they should be able to claim tuition, education, and textbook amounts.


"Because cities are expensive as fuck.  I always here my peers complaining about not being able to afford housing and whatnot.   Here I am, 23, and the owner of a nice little 3 bedroom house. Just move somewhere smaller.  My city is about 40k pop. And it's only a 45 minute drive to the center of the closest major city, and there are plenty of ""suburbs"" even closer with good job markets."


Stupid Trump gave it to them in exchange for NOTHING!  The requirements were always voluntary and could have been modified without consequence without withdrawal.  Withdrawal achieves nothing, but cedes US leadership on climate/renewable energy to China. What a great deal maker... SAD


Like-kind of exchanges have a list of requirements. The IRS has not issued formal guidance in the matter. I recommend to be aggressive and claim the exchange, while justifying it with a good analogy to prove good faith (and persuade the IRS official reading it the risk of losing in tax court would be to high). Worst case the IRS will attempt to reject the exchange, at which point you could still pony up to get rid of the problem, interest being the only real risk. For example: Past tax court rulings have stated that collectable gold coins are not like kind to gold bars, and unlike silver coins, but investment grade gold coins are like kind to gold bars. So you could use a justification like this: I hold Bitcoin to be like-kind to Litecoin, because they use the same fundamental technology with just a tweak in the math, as if exchanging different grades of gold bars, which has been approved by tax court ruling #xxxxx. Note that it doesn't matter whether any of this actually makes sense, it just has be reasonable enough for you to believe, and look like it is not worth pursuing to an overworked IRS official glancing at it. I haven't tried this yet, so up to now this is a guess, but it's a good enough guess in my estimation that I will be using it on some rather significant amounts next year.


By coincidence, I entered this position today. Ignore the stock itself, I am not recommending a particular stock, just looking at a strategy. The covered call.  For this stock trading at $7.47, I am able, by selling an in-the-money call to be out of pocket $5.87/sh, and am obliged to let it go for $7.00 a year from now. A 19% return as long as the stock doesn't drop more than 6% over that time. The chart below shows maximum profit, and my loss starts if the stock trades 21% below current price.  The risk is shifted a bit, but in return, I give up potential higher gains. The guy that paid $1.60 could triple his money if the stocks goes to $12, for example. In a flat market, this strategy can provide relatively high returns compared to holding only stocks.


The real problem with bean counters is a lacking of planning and accountability.  If those two things are managed well, then most of these issues go away.  Instead, what too often happens is that finances are cut and the individual contributors take the brunt of the consequences.


A real estate contract is a form of seller financing. It is similar to a mortgage, but rather than borrowing money from a lender or bank to buy real estate, the buyer makes payments to the real estate owned, or seller, until the purchase price is paid in full. If you want to real estate purchase and sale contracts, then you can visit our office. We can provide the best deal of the real estate contact.


As a manufacturing and facilities engineer, I might be able to provide some insight.    It's one thing to have the technology.  It's another to make a business case for implementing the new technology.  Factories are big expensive things.  They take a long time to pay for themselves (generally).  The switch from steam to electric power, as the article pointed out, required a completely new approach to facility design.  This isn't something that happens overnight.  For most companies and most applications, the business case would indicate that you run with the old technology until you need to replace, then you replace with the new technology.  This delays your spend and allows you to get better ROI on the existing facility.    If the change to electricity only effected the local manufacturing cells within the plant, we would've seen its implementation much faster.  That wasn't the case.  The only way to run it efficiently is to build an entirely new facility.  It's a lot easier, and quicker, to turn a jet ski than it is to turn an oil tanker (just ask the USS John McCain!  :-P).


It was the owner managing reservations. He just had a scrap of paper with scribbles on it.  Deserting plans was tougher when I was in college. Going out for a nicer dinner was a bigger deal.  Today it wouldn't be as big a deal to just bail.


Allowing others to share access to your Bank Account; i.e. giving then the login id and password has its risks;


"To do all of those things we need people in office substantially different than them there now. At first I read that as"" decartesianization"" and was about to ask about your far out philosophy and/or new metalanguage for drafting the new world's blueprints, hah! Yes, I think I mostly agree with your list of good changes. Labor absolutely needs to be upheld. Less emphasis on money systems in general, and ensuring we use it benevolently. I think the r&d we need to be doing is more in line with nature and focused on preserving and using what the world can comfortably produce and maintain--forests have some pretty wild materials science going on already, do we really need to keep thinking in terms of plastics and electronics? Maybe, maybe not. I don't think the real answers are in technology the way we've used it so far. Maybe I am reading it incorrectly. If you're going to talk about arduino saving the world I guess I'd like to have that convo, but darpa and mit kinda freak me out with how amoral they seem sometimes.   Those changes and revivals you suggest require us thinking more from the heart, being fiercely compassionate and willing to risk much personally if they are to last or be meaningful. Who can do such a thing these days? Where do you suppose these things begin?   I have encountered the phrase you hyperlink before. It really struck me! I thought back to moments earlier in my life when I made a decision based on the thought of that million dollar inevitability. But to still cling to that in this day and age requires a courageous ignorance anymore. I almost admire the people who are still able to believe in it, I admire the power of their faith. Dick cheney is a hero for america whether america likes it or not because he does so much to keep the momentum of the machine going--if the reality of the world without those systems is too scary then dick cheney is a hero for that person, for that person's tacit participation in it or fear of figuring out what that means for them. It removes the experiencing of huge parts of life. Compounded with the quality of food, water, air required to keep everyone in an air conditioned office of amoral consumption industries, I think the back being sore from digging and herding is worth more than carpal tunnel syndrome and fucked feet/legs from the desk. And remember to roll a tennis ball under your feet for a few mins every day to stretch your fascia! It tickles! Thank you very much."


I'm expecting the opposite problem.  We're going on a long road trip around the west.  Reserved a Mitsubishi Mirage or similar.  I'm fully expecting them to come back with a Ford Explorer all thrilled to tell me they had to upgrade me because all their sub compacts are gone.  I do not want to take a truck on a 2000+ miles road trip.  The difference in MPG becomes very significant with those kinds of miles.  Counter point, we got married in a city with a very small airport.  Expected to get an upgrade because they never had the tiny low-end cars... except for that weekend.  Drove around a Kia Rio all wedding weekend.


I don't buy it.  Certainly they could have looked at the underlying mortgages, and if you going to be buying $billions of these things, even a cursory spot check would have revealed big issues.  All these bastards were in it together: banks, ratings agencies, and government entities.  No one wanted the party to stop; indeed each of those three groups had vested interests in keeping the party going.


"Still at it there, eh Richard, you troll. Why is it that you now have to resort to spamming every possible venue you can find? No need to answer as that was a rhetorical question.  The reason he is spamming reddit is because hundreds of his former ""clients"" are out tens of thousands of dollars and his already garbage reputation is now completely trashed.  It's only a matter of time before his past catches up to him. Karma is a bitch, Richard, and you've got a lot of it coming your way."


Taxes are part of the social contract. Deal with it. Or move to Somalia. Also, capital (aka, the rich) continues to capture more and more income and wealth, while labor stagnates. Interestingly, this correlates with our economic stagnation. Could be something to that.


that index fund providers don’t have incentive to push companies to change for the better and create shareholder value.      And yet we see countless share buybacks. Dividend yield on the S&P that has been rising since the year 2000.      I don't buy the argument of it's devouring capitalism...I do however buy the argument it is helping distort the market, as mentioned with shorting/negative positions.


"Typically I'll carry the charge for quite awhile, up to a year.  If it hasn't cleared by then, I contact the institution that should have received the money to see what they want to do about it.  If they tell me not to worry about it, then I change the payee to be ""Overdraft Protection"", and consider it as having been spent.  That way I build up (slowly) a cushion in my checking account."


Immersing in hydrotherapy can also improve joint health by lessening inflammation and pain, and improving flexibility through an increase in blood flow. It has also been found to reduce the effect of the sympathetic nervous system which is related to harmful stress.


Government's tax citizens and businesses in their currency. Earnings (even earnings in cryptocurrencies) are taxable income.


The money was sent from my US bank to my father in India Your father can receive unlimited amount of money as GIFT from you. There is no tax implication on this transaction. Related question After 3 years, my father received a note from the income tax dept. asking him to pay income taxes. Possibly because the income does not match and there maybe high value transactions. This should be replied preferably with the help of CA. Now, the CA is asking him to pay tax in the money I transferred. Is that correct? This is incorrect. Please change the CA and get someone competent. If not, what should I or he do in this case? Get guidance from another CA. Your father can establish that this was convenience and show evidence of transfer from you [need bank statements from your bank and Indian bank]. Property registration payments receipts, etc. Or he can also show this as Gift. If required get a gift deed created.


If your counterparty sent money to a correspondent account at another bank, then it is completely up to the other bank what to do with the money. If the wire transfer completed, then the account is not closed. If I were your business partner, I would immediately contact the bank to which the transfer was made and explain the situation and hopefully they will transfer the money back. Whenever a wire transfer is made, the recipients name, address, and account number are included. If that name, address and account do not belong to you, then you have a problem because you have no legal right to the money in a court of law. For this reason, you should be avoid any situation where you are wiring money to anyone except the intended recipient.


Are you Looking for Polyurethane Sheet Manufacturers in Australia? Polynyl Plastics offer quality and value for your money, they manufacture a different range of sheet sizes to suit your requirements. There are many advantages of using polyurethane sheets like Electrical properties, Environment Stability, Flexibility, Cost-effective process and Wide resiliency range.


> Back when I was in college, the best peripheral hardware you could buy (mice, keyboards, headsets, even at one point cordless telephones) were Microsoft products. I still think the Microsoft Natural keyboard was genius and ahead of its time.  I use a Microsoft natural keyboard and Microsoft wireless mouse with my Mac Pro and wouldn't have it any other way.


"Are IP rights Intellectual Property rights?  What do you mean by the thunderdome for inventors without government created monopolies?   I've tried to google, but the answer eludes me. Would you elaborate on how ""rolling back IP protection to compete,"" works?"


I show you the evidence and you ignore it and act like you know better.   You don’t know better.  If you want to act like child then I’ll treat you like one.  If you want to stay ignorant then get out of politics.    It’s not my job to inform you.  You should be able to do that yourself, and if you can’t then you should stop acting like you can participate.    You don’t know what you’re talking about.  You can’t participate in the conversation.  The only thing you know how to do is deny and ignore inconvenient information.     It’s your job not to be a retard, it’s not my job to help you.  I don’t want to waste more of my time talking to ignorant trumptards because having a conversation with you idiots is like talking to a brick wall.


"This is the best tl;dr I could make, [original](https://www.usatoday.com/story/opinion/2017/09/29/ending-net-neutrality-will-end-internet-we-know-steve-wozniak-michael-copps-column/704861001/) reduced by 84%. (I'm a bot) ***** > With the Internet&#039;s future as a platform for innovation and democratic discourse on the line, a coalition of grassroots and diverse groups joined with technology firms to insist that the FCC maintain its 2015 open internet rules.  > One of us is the inventor of the personal computer, and the other a former commissioner at the FCC. We come from different walks of life, but each of us recognizes that the FCC is considering action that could end the internet as we know it - a dynamic platform for entrepreneurship, jobs, education, and free expression.  > If Pai&#039;s majority permits fast lanes for the biggest internet service providers, companies could speed up or slow down the sites and services they prefer.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73gffz/ending_net_neutrality_will_end_internet_as_we/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~219662 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*: **lane**^#1 **internet**^#2 **service**^#3 **fast**^#4 **FCC**^#5"


"In some cases, when a company purchases a minor stake, they often intend to increase the size of the stake over time. As a reference, note that Coca Cola has increased their stake in Green Mountain Coffee Roasters (GMCR) over time. It also adds some ""support"" to the price because these investors may be willing to step in and purchase the stock if there is any distress or poor performance. Finally, its generally a good ""tell"" that the stock has good things going for it and may be subject to additional interest from large investors."


This time it's different  It's not.  The market is overvalued but not by ahistoric levels, repatriation of US Corporate funds thanks to the Trump tax plan could easily drive markets higher 20-30%.  Correction is a probable occurance in the next few years, probably driven by Central banks getting too overzealous with returning to normal interest rate levels.


A lack of trust in the regulator can also stop everyone trading.   If you don’t believe the bank notes you are getting paid with are real, why do any work?


"Yes, selling premium is just selling options. It's usually used to talk about out-of-the-money options without coverage from underlying securities which you expect to expire worthless. More ""sophisticated"" ways to sell premium would include selling options strangles or straddles which allow you to sell more premium if you have more specific beliefs about the price action."


Definitely not.  You are too young.  Let me explain: Your money will be locked up for at least 40 years, and you will have to navigate some really quirky and trap-laden rules in order to get money for simple things.  Let's say you want to buy a house.  You won't be able to leverage the 401K for that.  College Tuition?  Limits. Your money is locked in and you may get some match, but that assumes your smartest decision at your age is to save money for retirement.  At your age, you should be investing in your career, and that requires cash at hand.  If you want to withdraw early you pay more of a penalty than just the tax rate.   Put differently: investing in your human capital, at a young age, can yield stronger results than just squirreling money.  I'd say don't worry until you are 30. BTW: I'm 24 now.  I used to save money in a 401K for a few months, before I understood the rules.  Since then, I decided against 401K and just saved the money in a bank.  After a few years, I had enough to start my business :)  the 401K couldn't give me that opportunity. Further Explanation: I am in the NYC area.  Many of my friends and I had to decide between living in manhattan or choosing to live in the outer boroughs or NJ.  One thing I noticed was that, while the people in manhattan were burning much more money (to the tune of 1500 per month), they were actually much more productive and were promoted more often.  Having lived in brooklyn and in manhattan, even though it is less expensive, you actually lose at least an hour a day thanks to the commute (and have to deal with crap like the 6 train).  Personally, after moving in, I invested the extra time in myself (i.e. sleeping more, working longer hours, side projects).  Now, when all is said and done, the people who decided to invest in themselves in the short term are financially more secure (both job-wise and economically, thanks to a few bonus cycles) than those who decided to save on rent and put it in a 401K. As far as the traps are concerned, my dad tried to take out a student loan and was denied thanks to a Vanguard quirk which didnt allow more than 50K to be borrowed (even though the account had over 500K to begin with).


"For me, the emergency fund is meant to cover unexpected, but necessary expenses that I didn't budget for.  The emergency fund allows me to pay for these things without going into debt. Let's say that my car breaks down, and I don't have any money in my budget for fixing it.  I really need to get my car fixed, so I spend the money from my emergency fund. However, cars break down periodically.  If I was doing a better job with my budget, I would allocate some money each month into a ""car repair/maintenance"" category. (In fact, I actually do this.)  With my budgeting software, I can look at how much I've spent on car repairs over the last year, and budget a monthly amount for car repair expenses.  Even if I do this, I might end up short if I am unlucky.  Emergency fund to the rescue! If I'm budgeting correctly, I don't pay any regular bills out of this fund, as those are expected expenses.  Car insurance, life insurance, and property tax are all bills that come on a regular basis, and I set aside money for each of these each month so that when the bill comes, I have the money ready to go. The recommended size of an emergency fund is usually listed as ""3 to 6 months of expenses.""  However, that is just a rough guideline.  As you get better with your budget, you might find that you have a lower probability of needing it, and you can let your emergency fund fall to the lower end of the guideline range.  The size of my own emergency fund is on the lower end of this scale. And if I have a true crisis (i.e. extended unemployment, severe family medical event), I can ""rob"" one of my other savings funds, such as my car replacement fund, vacation fund, etc. Don't be afraid to spend your emergency fund money if you need it.  If you have an unexpected, necessary expense that you have not budgeted for, use the emergency fund money.  However, your goal should be to get to the point where you never have to use it, because you have adequately accounted for all of the expenses that you can reasonably expect to have in the future."


Thats not quite as bad. The execs would get charged individually for dumping the stocks. In Anderson's case, the company itself was facing criminal charges. The worst case for Anderson was a corporate death penalty, being unable to submit financial documents to the SEC. Worst case for Equifax is that they pay out a large settlement and some execs get fired. Its not going to kill the company though.   It seems like a very different situation to me. But hey, I bought a few shares when it dropped to 92 bucks, so maybe I am biased.


Apparently this stuff is through Amway, which screws all of the little guys over to help make somebody else a bunch of money. It's a load of bs you don't want to get involved with. Glad I found that out.


Oh I grant you the success of finally fooling the world into thinking that the value of paper money is what ever the fuck you feel like, but the federal reserve is about to be gutted and the world realizes that Jews in control of money and the economy is not only unsustainable, but just down right suicidal.  The Germans realized that after the Jews screwed over their entire way of life and hence the rise of the Nazi Party.  In fact thats why Jesus was on about, so everybody has hated the Jews pretty much since the beginning.  Now America is economically gutted, Jews sit in control of the Fed and the Treasury, of the Major banks and have infiltrated the white house and even entered the Presidents lilly white daughter, while America is on food stamps wondering where the fuck did it all go.  The hilarious part is you are all broke, all this debt and balance sheet tricks is all bullshit and everybody now knows it, this funny money stock market and these large banks are all a matter of perception and suspension of disbelief.  Mark to Market bitches  The whole world is just nauseated by you perpetual caterwauling about the holocaust and Iran and Muslims and Christians and soon reaching the point they will give some one a nuclear bomb to drop on you just for some fucking peace and quite.  Bad news for you, is America is waking up and the mere fact that we are still having this conversation and  I am able to tell you the truth is a good warning for you  Time is fast running out


If you do business under your name, you don't need to register your business.  Your business will be treated as a sole proprietorship.  If your revenue exceeds 30,000 (or wish to collect GST for the government) then you will have to register with the CRA for a GST account, but that is free.


Oh really?  Did you have proof that those were their goals, or are you just overlaying the party line on the decisions, because that’s what others told you?  Because I don’t recall our government being socialist or touted as socialist at any point in history.  But that is the narrative they are selling now.  Edited for grammar.


"There are discount brokers which charge lower fees, which ones are accessible to you will depend on your country. Here's a list for the USA: https://the-international-investor.com/comparison-tables/online-discount-stock-brokers-comparison-table But seriously, as a ""low net worth individual"", the last thing you should be doing is gamble away that money - and that's what buying junk bonds is: gambling, not investing. They're called ""junk bonds"" for a reason, namely that the well-considered opinion of most investors is that there is a high probability of the issuer defaulting on them, which means that the invested money is lost."


When you sell the stock your income is from the difference of prices between when you bought the stock and when you sold it. There's no interest there. The interest is in two places: the underlying company assets (which you own, whether you want it or not), and in the distribution of the income to the owners (the dividends). You can calculate which portion of the interest income constitutes your dividend by allocating the portions of your dividend in the proportions of the company income. That would (very roughly and unreliably, of course) give you an estimate what portion of your dividend income derives from the interest. Underlying assets include all the profits of the company that haven't been distributed through dividends, but rather reinvested back into the business. These may or may not be reflected in the market price of the company. Bottom line is that there's no direct correlation between the income from the sale of the stake of ownership and the company income from interest, if any correlation at all exists. Why would you care about interest income of Salesforce? Its not a bank or a lender, they may have some interest income, but that's definitely not the main income source of the company. If you want to know how much interest income exactly the company had, you'll have to dig deep inside the quarterly and annual reports, and even then I'm not sure if you'll find it as a separate item for a company that's not in the lending business.


The picture talks is about assets on the Fed's balance sheet, which is very different than US government debt. Nor is there anything in the picture about corporate bottom lines, just US equities.   The implication of the picture is that the Fed's QE program is propping up US equity prices, and it is not a comment on the US debt or corporate earnings. You're reading things that simply aren't there.


"This is the best tl;dr I could make, [original](http://crookedtimber.org/2017/07/21/why-coases-penguin-didnt-fly/) reduced by 97%. (I'm a bot) ***** > Pat is in a great bargaining position, and can tell Alex credibly that they are going to the movies or else not spending time together, since both of them know that Alex will be a lot more hurt if they end up apart than Pat will.  > More simply put, the Coase transaction cost account of how efficient institutions emerge will only work when all actors are more or less equally powerful.  > The crucial point is that if one is to build a quasi-utopian society along the lines that Doctorow suggests, it has to rest on far more egalitarian power relations, and has to be built in contention with a body of actors who have quite a lot of power and mostly like things the way they are already.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6othn7/why_coases_penguin_didnt_fly/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~172857 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*: **more**^#1 **power**^#2 **Pat**^#3 **Benkler**^#4 **market**^#5"


Below is a list of rules that will help you to decide what types of products you should be investing in:


I want to get into investment banking!  I have an interview!  What should I say?  Is Investment banking worth it?  Is it fun, glorious and cool?  I'm an engineer - should I throw it all away and focus on Excel?  Any help is greatly appreciated!


The $250K and up are not one homogeneous group. The lower end of this group benefits from normal Schedule A itemized deductions, e.g. mortgage interest, property tax, state income tax, and charitable donations. As you mention, 401(k) ($17k employee contribution limit this year), but also things like the dependent care account ($5k limit) and flexible spending account, limited usually up to $2500 in '14. The 529 deposits are limited to the gifting limit, $14K in 2014, but one can gift up to five years' deposits up front. This isn't a tax deduction, but does pull money out of one's estate and lets it grow tax free similar to a Roth IRA. The savings from such accounts is probably in the $15k - $20K range given the 20 or so year lifetime of the account and limited deposits. At the higher end, the folks making the news are those whose income is all considered capital gains. This applies both to hedge fund managers as well as CEOs whose compensation included large blocks of stock. This isn't a tax deduction, but it's how our system works, the taxation of capital gains vs. ordinary income.


In general, currency has no expiration date. Specifically, in Canada, the Bank of Canada has been issuing banknotes since 1935, and these are still considered legal tender, even though they don't look much like the modern banknotes.  Before that, Canadian chartered banks issued currency, and these also still have value. However, there are a few things to note.  First of all, with currency of that age, it often has more value as a collector's item than the face value.  So spending it at a store would be foolish. Second, store clerks are not experts in old currency, and will not accept a bill that they do not recognize.  If you want the face value of your old currency, you may need to exchange it for modern currency at a bank. Having said all that, there are certainly cases where currency does expire.  Generally this happens when a country changes currency.  For example, when the Euro was introduced, the old currencies were discontinued.  After a window of exchange, the old currency in many cases lost its value.  So if you have some old French Franc notes, for example, they can no longer be exchanged for Euros. These types of events cannot be predicted in the future, of course, so it is impossible to say when, if ever, the Canadian currency you have today will lose its spending value in Canada.


"If I buy property when the market is in a downtrend the property loses   value, but I would lose money on rent anyway. So, as long I'm viewing   the property as housing expense I would be ok. This is a bit too rough an analysis.  It all depends on the numbers you plug in.  Let's say you live in the Boston area, and you buy a house during a downtrend at $550k.  Two years later, you need to sell it, and the best you can get is $480k.  You are down $70k and you are also out two years' of property taxes, maintenance, insurance, mortgage interest maybe, etc.  Say that's another $10k a year, so you are down $70k + $20k = $90k.  It's probably more than that, but let's go with it... In those same two years, you could have been living in a fairly nice apartment for $2,000/mo.  In that scenario, you are out $2k * 24 months = $48k--and that's it.  It's a difference of $90k - $48k = $42k in two years.  That's sizable. If I wanted to sell and upgrade to a larger property, the larger   property would also be cheaper in the downtrend. Yes, the general rule is:  if you have to spend your money on a purchase, it's best to buy when things are low, so you maximize your value.   However, if the market is in an uptrend, selling the property would   gain me more than what I paid, but larger houses would also have   increased in price. But it may not scale.  When you jump to a much larger (more expensive) house, you can think of it as buying 1.5 houses.  That extra 0.5 of a house is a new purchase, and if you buy when prices are high (relative to other economic indicators, like salaries and rents), you are not doing as well as when you buy when they are low.   Do both of these scenarios negate the pro/cons of buying in either   market? I don't think so.  I think, in general, buying ""more house"" (either going from an apartment to a house or from a small house to a bigger house) when housing is cheaper is favorable.  Houses are goods like anything else, and when supply is high (after overproduction of them) and demand is low (during bad economic times), deals can be found relative to other times when the opposite applies, or during housing bubbles.   The other point is, as with any trend, you only know the future of the trend...after it passes.  You don't know if you are buying at anything close to the bottom of a trend, though you can certainly see it is lower than it once was.   In terms of practical matters, if you are going to buy when it's up, you hope you sell when it's up, too. This graph of historical inflation-adjusted housing prices is helpful to that point:  let me just say that if I bought in the latest boom, I sure hope I sold during that boom, too!"


"I think we could keep this discussion up all day.  I don't doubt that attorneys find this information valuable.  I just object to this one-sided source of information being considered ""news"" worthy of making the front page of reddit.  Based on the upvotes for this and other courthousenews.com articles, my opinion is clearly in the minority."


You can likely use bollinger band values to programmatically recognize sideways trending stocks. Bollinger band averages expand during periods of volatility and then converge on the matched prices the longer there is little volatility in the asset prices. Also, look at the bollinger band formula to see if you can glean how that indicator does it, so that you can create something more custom fit to your idea.


You actually have a few options. First, you can do a share split and then sell an equal number of shares from both you and your wife to maintain parity. Second, you can have the company issue additional shares/convert shares and then have the company sell the appropriate percentage to the third party while the rest is distributed to you and your wife. Third, you can have the company issue a separate class of stock. For example there are companies that have voting stock and non-voting stock. Depending on your goal, you could just issue non-voting stock and sell that.  Best bet is to contact a lawyer who specializes in this type of work and have them recommend a course of action. One caveat that has not been mentioned is that what/how you do this will also depend on the type of corporation that you have created.


http://www.efficientfrontier.com/ef/104/stupid.htm would have some data though a bit old about open-end funds vs an ETF that would be one point. Secondly, do you know that the Math on your ETF will always work out to whole numbers of shares or do you plan on using brokers that would allow fractional shares easily? This is a factor as $3,000 of an open-end fund will automatically go into fractional shares that isn't necessarily the case of an ETF where you have to specify a number of shares when you purchase as well as consider are you doing a market or limit order? These are a couple of things to keep in mind here. Lastly, what if the broker you use charges account maintenance fees for your account? In buying the mutual fund from the fund company directly, there may be a lower likelihood of having such fees. I don't know of any way to buy shares in the ETF directly without using a broker.


> the lion's share of the company's money is still tied to the iPhone, which accounts for nearly 55 percent of its sales revenue.  55% isn't so bad - 80% or 90% would be pretty risky. I'm sure they know the risks and are trying to diversify though, just as many oil states are channeling their oil wealth into diversification as well - they know the party can't last forever and it's better not to walk into that blind...


"I live in Kenya, and also here we have corruption. However, we use EFT, RTGS, Mobile Money and its more safe than cheques. Beware, that paper based payments cost you way more than anything electronic. Often the bank charge you for the cheque book, they charge for receiving paper based payment instruments, and settlement is often a day or two, while mobile/electronic settlement is instant. Seen from a tenants perspective, its also easier. Imagine too, the small likelihood that you loose the cheques from your tenants?  Your fear for your account is understandable, but you may need to learn a little now, about how accounts are handled. In an online community only the persons with the necessary electronic credentials can withdraw from your account, being it online via your screen, or at the cashier, or by other means.  Therefore, your money are safer via the electronic means. The cause of your concern / unease can be that you are relinquishing your control from a paper-based, visible system, into a system which you may not know so much about, maybe because of that you have not done so much on computers, yet.  As a most recent caveat, though, don't get into the so called bitcoin technology, it is not safe, and as you saw, most recently, the very owner himself became the perpetrator breaking his very own bank by artificially inflating amounts on his own account, according to Japanese authorities. Now, electronic banking has been in existence since soon 40 years. Its based on cash, so behind the scenes, between the banks, huge deposits of cash are being moved physically, around from vault to vault, in the bank's money exchange / transaction settlement system. Thereby, a bank does not need to physically transfer money from one physical bank building to another - as they have huge loads of cash stashed in central depositories, between which they can now exchange money as compensation for cheques and electronic transfers. So, behind the scene of the electronic world, there are still physical cash being moved around, deep under the ground, in such vaults. I hope this has given you a little bit of confidence in the ""modern times"". If you have further questions, you are welcome.  These were my 50 cents :-). My background is in software development, where I have worked on banking systems for more than 10 years, making banking systems, as part of huge teams, working for the largest banks in the world."


I am a huge fan of beef.  But an even bigger fan of doing better for the planet earth.  Make me something plant based that is just as yummy and protein-packed as beef for a reasonable price, I will gladly stuff my face silly.


Debt collectors are just doing their job as many people want to evade payment by not responding and skipping their debts, and they talk tough to force people found to make their obligated payments based on what they can afford and that’s all. I’m in the UK, but I assume the process is similar.   Before I begin, I worked in debt collection and I presume that the debt collection agency have requested details for a source like a college and you have been returned as a possible match as you name is identical to their debtor but with differing date of birth etc. College/University students are very nomadic in nature and addresses aren’t very helpful when they are not current, but details of a current address/employer to a very similar name would be a possible lead to debtor and the debt collector is simply acting on flawed information which is fairly rare, and  cases such as these are resolved when you can simply confirm your date of birth and other details so that they can eliminate you from their chasing activities.  Whilst you may feel uncomfortable about giving your details, you are not the debtor and will have to confirm this, the debt collector is only interested in collection of valid debts values, and the current letter is most likely a standard letter to get you to act assuming that you are the debtor. If you try to ignore this or only partly answer their contact by telling them not to contact your employer etc, they will assume that you are the debtor and step up pursuit  by contacting at work by phone, in person, or by other means, and you employer will see you in a bad light… I would advise you to write to them a one-time only letter confirming details of your home address and insist on correspondence in writing only to that home address, in addition you should confirm your full name including full middle names, date of birth, that you have never attended the college in question,  agreed to any such debt in writing, and that you are not the correct data subject as the ss number also differs.  The letter should also go on to state a range of costs which require payment before you act further, ie subsequent letter $xx.xx amount attending court $xx.xx per hour(not cheap) and that if they harass you or otherwise affect your standing with your credit reference, or employer or anyone else that you ‘Will’ take further action and ‘May’ take them to your ‘Local’ court and pursue the costs list above and  losses as a result of their actions including pain and suffering. Speak tough and mean business and act decisively and your message will win through, share your details with them once and above all copy your employer in so that they know this is a case of mistaken identity. You can add a large heading at the top of the letter of ‘Mistaken Identity’ to prove your point.


"In the sole interest of improving your credit score, the thing you should focus on is lowering your overall utilization. The best thing you could do for this would be to get a loan to reconsolidate your credit card debts into a single, long term loan. The impact of this is that your credit card utilization, assuming the loan covers 100% of your balances, will suddenly drop to 0%, as you'll no longer have a balance on the cards. Additionally, at this point, with a consolidation loan, you'll be building loan history by making steady, fixed payments on the loan.  The loan will also, ideally, have a significantly lower interest rate than the cards, and thus will save you money that you'd otherwise be spending on interest.  A lot of others here will feed you some additonal, irrelevant advice - ""Pay off X credit card first!""; Ideally, you need to eliminate this debt. But to directly address the question of how you could improve your credit score, based on your utilization, I believe the best option would be for you to reconsolidate your credit card debt into a single loan, to reduce your utilization on the cards."


/r/savedyouaclick   1. Focus on earning  2. Develop multiple streams of income   3. Save to invest, don't save to save   4. Be decisive   5. Don't show off — show up    6. Change your mindset about money    7. Invest in yourself    8. Ditch the steady paycheck    9. Set goals and visualize achieving them    10. Start hanging out with people you admire   11. Shoot for $10 million, not $1 million


"But I don't think they WANT you to just go straight to what you're looking for.  Retail stores are known to lay out stores in such a way as to display ""impulse"" items at strategic locations in hopes that you buy more than what you came in for.  They would probably lose money doing it how you suggest.  Think about it for a second.  The technology is there to do what you're suggesting.  Must be a reason why they're not doing it."


Refinancing a car for anything other than lowering the rate is not a good idea. Keep the same term, or take a shorter one. Remember that unlike real property, a car only loses value.  So when you make your payments on your 84 month (!) loan, those payments are amortized so that the interest is front loaded. The problem is, when your car gets totalled around month 24, insurance will generally only pay what the car is worth, and you'll owe more.


I think the article mentions Circuit City because their employees were historically paid based on commissions.  Shopping at Circuit City in the late 90's/early 2000's was great from my experience because the employees were knowledgeable and were motivated to sell their assigned products.  At some point, they got rid of the commision based sales switching to flat low wages and they lost the competitive edge over Best Buy in my opinion.  Shopping at Circuit City became the same as shopping at Best Buy because both stores had non-motivated/knowledgeable sales people.


This might not be the right subreddit for this discussion, but what reason was there to buy Nintendo besides fanboyism?  They've had two solid years of poor performance and execution; and I don't think anyone would expect a pickup unless the Wii-U turns out to be a spectacular hit.


If you do not presently have an HSA-compatible insurance plan, you cannot legally add money to your HSA. You can still withdraw, but you can't add. So basically your choice are to let the money sit there and be nibbled away by the monthly fees, to withdraw it anyway and pay the tax penalty, or to spend it on whatever medical expenses you do have. I have no idea what your expenses are, how good your present insurance is and how often you and any dependents see a doctor or get prescriptions. If you used it for ALL uncovered expenses, how long would it take to use it up?


"If anything, the price of an ETF is more tightly coupled to the underlying holdings or assets than a mutual fund, because of the independent creation/destruction mechanism. With a mutual fund, the price is generally set once at the end of each day, and the mutual fund manager has to deal with investments and redemptions at that price. By the time they get to buying or selling the underlying assets, the market may have moved or they may even move the market with those transactions. With an ETF, investment and redemption is handled by independent ""authorized participants"". They can create new units of the ETF by buying up the underlying assets and delivering them to the ETF manager, and vice versa they can cancel units by requesting the underlying assets from the ETF manager. ETFs trade intraday (i.e. at any time during trading hours) and any time the price diverges too far from the underlying assets, one of the authorized participants has an incentive to make a small profit by creating or destroying units of the ETF, also intraday."


Just a few months ago someone asked in this sub how he tanked so many funds. Shkreli came out and vehemently defended himself and refuted any suggestion his funds had tanked. The evidence in the trial said they actually had tanked. Badly, but he illegally paid investors back from the pharma company.  He will be missed.


My boss doesn't seem to do a good job of it.  I wonder, have you ever had a job?  I don't see any reason why I shouldn't have a say in the nature of my work, etc.  In fact, what I am saying is that some labor is necessary from the perspective of the capitalist, because she needs profits, but that doesn't mean it is necessary according to the workers.


"Any inward remittance received by your Parents cannot be treated as ""Income"" as per the definitaion. This can at best be treated as ""Gift"". However in India there is No Gift tax for certain relations and there is no ceiling on the amount. In your case gifting of money by son to father or viceversa is allowed without any limits and tax implication. However if you father were to invest this money in his name and make gains, the gains would be taxable.  However if the Money is being transfered with specific purpose such as to buy a property, etc make sure you have the Bank give your dad an certificate of Inward remittance. This is also advisable even otherwise, the Inwared Remittance certificate from Bank certifies that the credit entry in the account is because or funds comming into India and if the tax authorities were to question the large amount of credits, it would be proof that it is due to Inward remittance and not due to say a sale of property by your dad Helpful Links: http://www.moneycontrol.com/news/tax/gift-tax-whatsa-gift_664238.html http://www.thehindubusinessline.in/bline/blnri/exp-tax.htm Edit 1: What you father does with the money is treated as EXPENSE, ie spends on day to day expense or pays off your Loans or Pay off his loans have no relevance from a Tax Prespective in India.  The only issue comes in say you have transfered the funds to buy a property and there was no purpose of remittance specified by Bank's letter and one want to reptriate this funds back to US, then its an issue. If you transfer the funds directly to your Loan account again there is no tax implication to you in India as you are NRI."


If Chipotle is getting rid of chorizo,  then you might as well go to Qdoba where the food is cheaper and slightly better.  Chipotle has steadily gone down hill in quality over the past several years IMHO. ....and their steak is now horribly disgusting as of May (the last time I had it)


> Mercedes and BMW both produce around 60,000 of their similarly priced level vehicles (S class and 7 series respectively) per year. Audi produces around 35,000 8 series vehicles.   Ridiculously contrived analogies.  Audi produces almost 1.5 *million* vehicles every year, and Mercedes a similar number; BMW produces nearly 2 million.  Each of them *actually* make (& sell) more units in a single month than Tesla is claiming to be building the *capacity* to produce in a year.  And that is *without* all of the subsidies and tax-credit advantages that Tesla is leveraging (much less the free press).


The U.S. Treasury said the same thing on the lawfulness of retailers refusing legal tender at point of sale - retailers are allowed to refuse any denomination of U.S. currency: [...]all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. [...]


"CFP stands for ""Certified Financial Planner"", and is a certification administered by the CFP board (a non-government non-profit entity). This has nothing to do with insurance, and CFP are not insurance agents. Many States require insurance agents to be explicitly licensed by the State as such, and only licensed insurance agents can advise on insurance products. When you're looking for an insurance policy as an investment vehicle, a financial adviser (CFP, or whatever else acronym on the business card - doesn't matter) may be helpful. But in any case, when dealing with insurance - talk to a licensed insurance agent. If your financial adviser is not a licensed tax adviser (EA/CPA licensed in your State) - talk to a licensed tax adviser about your options before making any decisions."


There is no maximum. The only stipulation other than contribution limits is that you must take withdrawals at age 70 1/2.


Firstly, sorry about the accident. I am afraid you will need to do your own legwork, because you cannot trust other people with your money.  It's a good thing you do not need to rush.  Take your time to learn things. One thing is certain, you cannot let your money sit in a bank - inflation will digest them. You need to learn about investing yourself, or you run a risk of someone taking advantage of you.  And there are people who specialise in exploiting people who have money and no idea what to do with them.  There is no other way, if you have money, you need to know how to deal with it, or you are likely to lose it all.  Since you need to have monthly income and also income that makes more money to make further investments, you need to look at two most common investments that are safe enough and also give good returns on investment: Property and index funds. You might also have a look at National bonds as this is considered safest investment possible (country has to go bust for you to lose money), but you are too young for that.  Young = you can take more risk so Property and shares (indexes). You want to have your property investments in a country that is stable and has a good ROI (like Netherlands or Lithuania). Listen to some audio lectures: https://www.audible.co.uk/pd/Health-Personal-Development/Investing-in-Real-Estate-6th-Edition-Audiobook/B008SEH1R0 https://www.audible.co.uk/pd/Business/The-Secrets-of-Buy-to-Let-Success-Audiobook/B00UVVM222 https://www.audible.co.uk/pd/Non-fiction/Economics-3rd-Edition-Audiobook/B00D8J7VUC https://www.audible.co.uk/pd/Advanced-Investments-Part-1-Audiobook/B00HU81B80 After you sorted your investment strategy, you might want to move to a country that is Expat friendly and has lower living costs than US and you should be able to live like a king... best of luck.


"Future tax increases on dividends are likely. The Wall Street Journal says. ""The millions of Americans who receive dividend income ... need to begin adjusting their investment strategy accordingly."" (ref) ""Last week the Senate Budget Committee   passed a fiscal 2011 budget resolution   that includes an increase in the top   tax rate on dividends to 39.6% from   the current 15%—a 164% increase."" ...   ""You can expect fewer businesses   either to offer or increase dividend   payouts."""


You should ask your bank about currency exchange. Some banks provide that as a service, others will refer you to bigger banks. As for keeping the converted USD in your bank account, that will also depend on your bank - smaller banks probably can't, while big banks probably can.  Bottom line, you should ask your bank about it.


[Boiler feed pumps](http://www.mckenziecorp.com/) are an important part of any boiler operation. They control the amount of water fed to the boiler and the manner in which it is fed.  Centrifugal - Continuous Turbine - Intermittent  In order to properly select a boiler feed pump five key points must be considered:  **Will the pumps operation be continuous or intermittent?**  This is an operational question and is often answered by the type of level control found on the boiler that the pump will be servicing. As a general rule of thumb, boilers with a capacity of 10,000 lbs./hr. or less utilize a float type switch that starts and stops the boiler feed pump to satisfy a predetermined water level within the boiler. This is a classic intermittent operation.  Boilers with capacities exceeding 10,000 lb./hr. typically employs a modulating feed water regulator and will continuously feed water to the boiler at various rates depending upon the water level in the boiler.   By knowing which operation you are to satisfy, you can determine which pump design is best suited for your application. As a general rule of thumb a turbine pump is used in an on-off situation and a centrifugal pump is used for continuous operation. But remember, this is a general rule and is some cases a centrifugal could be used for an on-off application and a turbine for continuous.   **What is the temperature of the water being pumped?**  It is also important to know the temperature of water you intend to pump. Most pumps can usually handle 215 oF to 230o F, other pumps are available that can handle higher temperatures by using external water-cooling. Keep in mind that a deaerator pump must be able to handle higher temperatures because they operate a 5 psi or 227o F.   **What is the required capacity?**  How much water you intend to pump is dependent upon the evaporation rate of the boiler the pump will service. A safe figure for an on-off application would be 2 times the evaporation rate of the boiler. With a modulating level control, a factor of 1.3 times the evaporation rate plus recirculation is recommended.   **What is the desired discharge pressure?**  When you pump directly into the boiler you will need to overcome the pressure in the boiler as well as any piping losses. You can chose the right pump by looking at the pump curves to determine which will accomplish this task. Should you have a modulating valve in the discharge line, the minimum you will need to add to the boiler operating pressure will be 20 to 25 lbs. Make sure that the pump can handle the pressure along with the flow rate needed. With an on-off level control the pumps should be designed for the relief valve pressure.  **What is the NPSH or net positive suction head required?**  This is the last piece of information that you will need. This is the minimum absolute pressure at the suction nozzle at which the pump can operate. To avoid pump cavitation, the NPSHA of the system must be greater than the NPSHR of the pump. In other words, the available NPSH must be higher than the required. We have always sized our deaerator stands to be two feet higher than the NPSH needed for the pump selection. Remember, the water level in the storage tank adds to the safety margin.


"Is NASDAQ's CTO the same guy that put the login credentials needed to completely WIPE the production facility of a company in the ""new workers manual""? (something that was rather popular on reddit recently).  I really hope the SEC looks into this..."


Dude it's not about being competitive. It has advantages in its own that no other car maker is currently doing. Sure, it's not the cheapest car on the market but it's • Fully electric. • Drives by itself (+$5000 autopilot which chevy doesn't even offer. STILL cheaper than chevy's upgrade which puts it at almost $42k). • Known for being the safest cars on the road. • And it's damn beautiful.  So even though you're not getting your bottom of the barrel deal, you get what you pay for.