Please just know that not all Orthodox Jews are like these people and its always the worse of any religion that gets the headlines unfortunately.  Ive been waiting for the Yeshivas to get busted over technology grants because I find it disgusting they get the money when they tell their own parent body that technology isn't allowed. I can't wait till Tech because a mandatory core curriculum and is tied to either teach it or lose government grants/money


Hybrids & electrics are not quite ready for the prime time. The cost of manufacturing the batteries, let alone problems of efficiency, and eventually replacement, means that, without a massive and permanent increase in oil prices, widespread adoption is unlikely. I forget what the gasoline cost per gallon often cited is, for electric and hybrid vehicles to become competitive... I think it was typically north of $8/gallon. Of course, twenty to thirty years out, we quite well may have such. However, the cost of those vehicles won't be coming down without some near technological miracle, in both battery design and production - those who can afford $40,000 for a car will retain the autonomy granted by private transportation. Everyone else will probably clamor for meaningful public transportation options - and /or move to a more dense settlement pattern that does not mandate individual vehicle ownership


Sometimes that happens but usually it is for the cushy job, retirement benefits, entitlements and business deals (connections)...   The reason this happens is because of the blindfolded people (you) who insist on thinking positive for 2 reasons:  1. you are worried others will think negative of you.  2. you want to live in Lala land.


"Shares sold to private investors are sold using private contracts and do not adhere to the same level of strict regulations as publicly traded shares. You may have different classes of shares in the company with different strings attached to them, depending on the deals made with the investors at the time. Since public cannot negotiate, the IPO prospectus is in fact the investment contract between the company and the public, and the requirements to what the company can put there are much stricter than private sales. Bob may not be able to sell his ""special"" stocks on the public exchange, as the IPO specifies which class of stock is being listed for trading, and Bob's is not the same class. He can sell it on the OTC market, which is less regulated, and then the buyer has to do his due diligence. Yes, OTC-sold stocks may have strings attached to them (for example a buy back option at a preset time and price)."


I don't work in risk management in the bank I'm in, but do talk to them occasionally. Depending on what job you will actually do there, you need a very good math background. I would also consider a familiarity with programming to be needed for a lot of the jobs.  If you are considering risk management outside of the financial sector, I guess the bar will be lower. At least the company I used to work in had a Treasury/Risk Management group largely composed of finance and economics majors.


"FRM, but IIRC ""Risk"" is more of a reporting role in most banks nowadays.  Meaning you automate some tools that generate reports, and your job is to make sure the results are numerically consistent with industry standard (read: wrong) methodology, and capital rules.  Learn how to calculate VaR 20 different ways, some less useless than others, however mostly fundamentally useless.   Expected shortfall, so basically if there is a VaR break what is the expected loss (also useless!) as you will either by simulating based on some distribution that hopefully fits the data, or historical data which is supposed to repeat itself.   So to do this fun stuff: You're gonna need to know stochastic calculus (not necessarily but you should understand intuitively the formulas you're using), statistics (hypothesis testing), some econometrics/time series analysis, but key thing is programming."


I never said Lyft passed Uber  * NOW + 2 years != NOW * x < 2y != abs(x) > abs(y)  As far as the numbers, I was conflating adjusted net revenue for Uber with their gross bookings, my bad. Still, once Alphabet invests in Lyft, I bet Lyft will overpass Uber.


Our specialty at BETH SCHIFFER CREATIVE DARKROOM is large format and oversized printing. Equipped with a LAMDA AND Lightjet (50″ by 120″ max print size) we pride ourselves in being the fine artists’ choice for our Digital C Prints and speciality printing.


As far as I know, it has the same price, and effects on the market, as any other transaction...


If you take less than you think you are worth, you will hate that job with a purple passion in short order. Either make peace with the amount you settle on or move on.


"This would inevitably lead to a few gatekeepers from which everyone trusts the bonds (ibm GE etc), and millions of small businesses which will have absolutely no access to capital. Once this happens, you will quickly end up with a shadow banking system, where companies like GE switch from making stuff to basically being banks, giving loans to other small businesses with no access to capital, etc.   This is basically done in China in a slightly different way, but, the core state-owned enterprises have near unlimited access to capital, and they use this advantage to invest in, and buy up, any and all interesting companies, simply because they're the only organizations that can essentially ""print"" money. (Whether you agree with it being printing money or not, the fact is GE / IBM would be able to issue bonds almost whenever they want, similar to the Treasury's monthly bond auctions, and other firms simply unable to.)   So... then you have a few key companies with nearly unlimited right to ""print"" (used loosely) cash. They use this advantage to push on other businesses, buy them up, or control them in many ways. And then they use this position to eventually take over anything that looks interesting.   What you're imagining as being an open market where everyone's bonds have full information will quickly devolve into information overload, and people choosing the well known brands as their trusted source. Once that happens, the whole idea falls apart, and those few firms will find a way to control not only the money supply, but also who gets to use their money.   You will also have situations where some mom-and-pop takes John-LLC bonds as payment for dinner, and when they try to give John-LLC bonds to their suppliers, their suppliers say 'no thanks, we only deal in IBM bonds.""   Mom-and-pop will find themselves stuck with paper that nobody wants to accept. And mom-and-pop will quickly find themselves in a cash flow crisis, as they have tons of paper, but none of their suppliers will accept that paper.   The only way to get out of this situation would be to convince IBM or GE to give Mom-and-pop some GE bonds in exchange for the John-LLC they have that nobody will accept. Of course, GE and IBM being in the enviable position as some of the few trusted money printers can refuse to accept John-LLC bonds except at a severe discount. ""We know John gave you John-LLC bonds to pay for his dinner worth $100, but, we'll only give you $40 worth of GE bonds for it.""  Mom-and-pop will quickly be fucked and go out of business due to having no ""hard currency"" (aka trusted currency) that they can use to purchase their raw materials.  Demand for GE bonds will skyrocket as everyone seeks a safe-haven (a trusted currency almost everyone will accept), adn GE will find the entire market begging them to print bonds even at no interest just so that the money supply can increase to hold the full amount of trade occurring in the territory.   This is then no different from the Fed during the recession a few years ago (and up until now) where they sell tons of bonds at rock-bottom interest rates simly because all the world is looking for a safe place to put their cash.   The difference, of course, is that GE / IBM can take all this money and issue themselves HUGE bonuses, either on the cash directly or on the profit they've amassed by being the only trusted money issuer, whereas government officials can not."


"given your time frame I'm not sure if investing in a 529 is your best option. If you're investing in a 529 you may have to deal with market volatility and the amount you invest over the course of three years could be worth less than what you had initially invested when it comes to your child's college education. The main idea of starting a plan like a 529 is the time-frame for your investments to grow. You also have the option of ""pre-paying"" your child's college, but that has restrictions. Most of the state sponsored pre-pay plans limit you to state schools if that wasn't obvious. Also, the current political situation is tricky, and may influence the cost of education in ~3-4 years, but I'm not sure this is the proper place for that discussion. Also, as far as the viability of these, it depends state-by-state. I live in Illinois and don't think I would count on a payout given our current financial situation. You could, however, look into paying tuition now for a state school and it will be risk free in terms of inflation, but again, it's hard to anticipate the political scope of this. They also have private pre-pay plans, but that would limit your child's university options just as the state pre-pay. Check out this investopedia article on 529 plans, it's basic but will give you a high level overview. Bankrate has an overview as well."


I used to work as a sale support for one of these companies. As a sale support I didn't get commission from the sale but a sale manager did and he made good money. However, I ended up doing a lot of the sales myself and never got any commission for it (even though the boss kept promising me that I would get them). It's relatively easy money, but I felt like you have to sell your soul a little. It's hard to justify for yourself that a 30% interest for a 6 month term is a great deal so you can get your guests to take the loan. Most of the clients you will likely get are the ones who 1) have little knowledge about finance and/or 2) cannot get a loan anywhere else. Nobody would get a loan with these companies if they have a better choice. I also found it was borderline harassment for my clients because I was forced to constantly call them few times a day to get them into taking our loan offers. I did end up leaving the company after three months because the boss was disrespectful, degrading and thought he could do it all himself.  Back to your question, it is not shady mostly because it's definitely legal but the sales tactics can be. That would depend on your management but I would say most companies probably employs similar tactics.


I don't think it's fair to attribute Target's recent numbers to people preferring to shop online. The card information fiasco was still going on in the first quarter, and they had already been struggling from putting too many resources into Canada growth while seeing little results.   While I agree that the big-box store is probably a bit on the decline, until an online retailer can compete with price, convenience, and delivery time, there will still be a huge place in the market for the Wal-Marts of the world.


>90% of it goes into some investment, like shares or hedge funds, and so out of the real economy.  Seeing comments like this get upvoted really makes me suspicious about the grasp people here have on economics.   Investments and such are very much a part of the real economy. The point is to increase production and optimize distribution, not maximize swaps of dollars. An investment is money you give to a company so they can do something. Hopefully that money makes them more productive.


I'm a PE, what the fuck are you to be talking about zoning laws?  Where does your insight come from on policy?  Your sophomoric spamming of this thread screams libertarian blog level education, you a CATO fan?    Hahahahaha, listen here you punk kid, you lost. Now go cry in a corner somewhere else, adults are talking.  What you describe cannot even exist in the real world, your ideology is incompatible with reality.  Your knowledge of economics is the same knowledge astrologers have about the cosmos.  It is embarrassing watching you trot out the same sad talking points that have been dismissed for decades upon decades like they are fresh new and exciting.


Not sure about US. In India all Demat shares have a unique identity. Incase of splits or merging of shares, new ID's are created maintaining the linking of older ID's. The Demat holding entity would have all the history of a particular stock. It is mandatory to disclose the name of the person / entity who has purchased the shares. Of Course if shares are purchased by Fund houses or other aggregators then its the aggregators name that would be available. All this data is confidential and not meant for common consumption.


"Your question is based on incorrect assumptions. Generally, there's no ""penalty"", per se, to make a withdrawal from your RRSP, even if you make a withdrawal earlier than retirement, however you define it. A precise meaning for ""retirement"" with respect to RRSPs is largely irrelevant.* Our U.S. neighbours have a 10% penalty on non-hardship early withdrawals (before age 59 ½) from retirement accounts like the 401k and IRA. It's an additional measure designed to discourage early withdrawals, and raise more tax.  Yet, in Canada, there is no similar penalty. Individual investments inside your RRSP may have associated penalties, such as the dreaded ""deferred sales charge"" (DSC) of some back-end loaded mutual funds, or such as LSVCC funds that generated additional special tax credits that could get clawed back.  Yet, these early withdrawal penalties are distinct from the RRSP nature of your account.  Choose your investments carefully to avoid these kinds of surprises. Rather, an RRSP is a tax-deferred account, and it works like this:  The government allows you to claim a nice juicy tax deduction, which can reduce your income tax at your marginal rate in the year you make a contribution, or later if you should choose to defer the deduction. The resulting pre-tax money accumulated in your RRSP benefits from further tax deferral: assets can grow without attracting annual income tax on earned interest, dividends, or capital gains. You don't need to declare on your income tax return any of the income earned inside your RRSP, unlike a regular investment account. Here's the rub: Once you decide to withdraw money from your RRSP, the entire amount withdrawn is considered regular income in the year in which you make the withdrawal.  Thus, your withdrawals are subject to income tax, and yes, at your marginal rate.  This is always the case, whether before or after retirement. You mentioned two special programs: The Home Buyers' Plan (HBP), and the Lifelong Learning Plan (LLP).  Neither the HBP nor the LLP permit tax-free withdrawals.  Rather, each of these programs are special kinds of loans that you can borrow from your own RRSP. HBP and LLP loan money isn't taxed when you get it because you are required to pay it back, and you pay it back into your own RRSP: You always pay income tax at your marginal rate on your RRSP withdrawals.** * Above, I said a precise meaning for ""retirement"" with respect to RRSPs is largely irrelevant.  Yet, there are ages that matter:  By the end of the year in which you turn 71, you are required to convert your RRSP to a RRIF. It's similar, but you can no longer contribute, and you must withdraw a minimum amount each year. Other circumstances related to age may qualify for minor tax relief intended for retirees, such as the Age Amount or the Pension Income Credit.  Generally, such measures don't significantly change the fact that you pay income tax on RRSP withdrawals at your marginal rate – these measures raise the minimum you can take out without attracting tax, but most do nothing at the margin.** ** Exception: One might split eligible pension income with a spouse or common-law partner, which may reduce tax at the margin."


It's been a couple years since I worked on Transfer Pricing project.   It makes sense though. I'd imagine that's why Texas and Florida are doing, tax wise, so much better than California and other high tax states.


Also, consider the possibility of early withdrawal penalties.  Regular 401k early withdrawal (for non-qualified reasons) gets you a 10% penalty, in addition to tax, on the entire amount, even if you're just withdrawing your own contributions.  Withdrawing from a Roth 401k can potentially mean less penalties (if it's been in place 5 years, and subject to a bunch of fine print of course).


No real transaxle that I'm aware of...  I think they only use what they call a transaxle to support the output shafts and provide reverse.  Very little of the complexity of a modern transmission - in fact pretty much none.


As the other answers suggest, there are a number of ways of going about it and the correct one will be dependent on your situation (amount of equity in your current house, cashflow primarily, amount of time between purchase and sale). If you have a fair amount of equity (for example, $50K mortgage remaining on a house valued at $300K), I'll propose an option that's similar to bridge financing: Place an offer on your new house. Use some of your equity as part of the down payment (eg, $130K). Use some more of your equity as a cash buffer to allow you pay two mortgages in between the purchase and the sale (eg, $30K). The way this would be executed is that your existing mortgage would be discharged and replaced with larger mortgage. The proceeds of that mortgage would be split between the down payment and cash as you desire. Between the closing of your purchase and the closing of your sale, you'll be paying two mortgages and you'll be responsible for two properties. Not fun, but your cash buffer is there to sustain you through this. When the sale of your new home closes, you'll be breaking the mortgage on that house. When you get the proceeds of the sale, it would be a good time to use any lump sum/prepayment privileges you have on the mortgage of the new house.  You'll be paying legal fees for each transaction and penalties for each mortgage you break. However, the interest rates will be lower than bridge financing. For this reason, this approach will likely be cheaper than bridge financing only if the time between the closing of the two deals is fairly long (eg, at least 6 months), and the penalties for breaking mortgages are reasonable (eg, 3 months interest). You would need the help of a good mortgage broker and a good lawyer, but you would also have to do your own due diligence - remember that brokers receive a commission for each mortgage they sell. If you won't have any problems selling your current house quickly, bridge financing is likely a better deal. If you need to hold on to it for a while because you need to fix things up or it will be harder to sell, you can consider this approach.


If it's raising $25 million with a debt to equity ratio of 50% then it's raising $8.33 million of debt and $16.67 million of equity. You've priced it as if it were raising $25 million of debt and $25 million of equity, which would be raising $50 million with a debt to equity ratio of 100%.


"> Zuck the cuck  Is this what trumpets and alt-righters are calling him now?  Cuck is the worst fucking insult I've ever heard. It's practically meaningless now due to anything, and anyone being labeled a ""cuck"" for not toeing whatever the in-vogue viewpoint is at T_D.  W/e though... I'm ready for the inevitable ""BTFO CUCK"" retort.  >He takes basic human instinct and exploits it.   As opposed to Trump exploiting fear through yelling about MUSLIMS!? BROWN PEOPLE!? CHYNA!?"


Using a simple investment calculator to get a sense of scale here, to have 70k total, including the 500 a month invested, after ten years you just need returns of 2%.  To earn 70k on top of the money invested you would need returns over 20%.  To do that in five years you would need over 50% annual return. That is quite a big difference.  Annualized returns of 20% would require high risk and a very large amount of time invested, skill and luck.  2% returns can be nearly guaranteed without much effort. I would encourage you to think about your money more holistically. If you get very unlucky with investments and don't make any money will you not go on the vacations even if your income allows?  That doesn't make a lot of sense.  As always, spend all your money with the current and future in mind.  Investment return Euros are no different from any other Euros. At that point, the advice is the same for all investors try to get as much return as possible for the risk you are comfortable with.  You seem to have a high tolerance for risk.  Generally, for investors with a high risk tolerance a broadly diversified portfolio of stocks (with maybe a small amount of bonds, other investments) will give the most return over the long term for the risk taken. After that generally the next most useful way to boost your returns is to try to avoid taxes which is why we talk about 401(k)s so much around here.  Each European country has different tax law, but please ask questions here about your own country as well as you mention money.se could use more ex-US questions.


As you say life insurance is about covering the loss of income, so unless your child is an actor or musical prodigy or similar and already earning money, there is no income to cover, and in fact you would have less of a financial commitment without a child to provide for. The other angle is that child life insurance is cheap and they'll have lower premiums than an adult. I'll quote the referenced article directly to address that: Another ploy is that children's life insurance is cheap. It is inexpensive compared to adult life insurance because, plain and simply, children rarely die. While the numbers that the sales agent puts together may make children's life insurance sound like a great deal, take the time to run what you'd have if you instead invested the exact same amount used on the insurance fees into a Roth IRA and you'll find the true cost of purchasing this type of life insurance.


Saxo Bank offers direct access to Athens Stock Exchange. Interactive Brokers is your next best bet, and as you probably already noticed, they do not have a free platform. They are open to US and non-US citizens. Although they do not currently have direct exposure to individual companies on the Athens Stock Exchange, the various european exchanges they do provide direct market access for will give a lot of exposure. There are a few Greek companies that trade on non-Greek stock exchanges, if you want exposure. There are also Greek ETFs which bundle several companies together or try to replicate Greek company indices.


Classes of shares are not necessarily standardized. Some share classes have preference above others in the event of a liquidation. Some share classes represent a different proportion of ownership interest. Any time you see multiple share classes, you need to research what is different for that specific corporation.


The Bank Secrecy Act of 1970 requires that banks assist the U.S. Gov't in identifying and preventing money laundering. This means they're required to keep records of cash transactions of Negotiable Instruments, and report any such transactions with a daily aggregate limit of a value greater than (or equal to?) $10,000. Because of this, the business which is issuing the money order is also required to record this transaction to report it to the bank, who then holds the records in case FinCEN wants to review the transactions. EDITED: Added clarification on the $10,000 rule


Yes, it's not the founders who are doing the con -- it's the venture capitalists, who lead you to believe you're special, knighted, can have money for free, and who either don't really help you or in, for example, meddle, force board members on you, force you to sell, etc.


"The combination of this headline in this subreddit seems to be implying there are financial problems New York financiers are facing wether it's the individual being over leveraged or the bank giving out bad loans.  When this couldn't be further from reality.   It was a Nigerian ""businessman"" who purchased the unit, and financed it through a bank in Luxembourg.   http://www.dailymail.co.uk/news/article-4642282/Kolawole-Aluko-foreclosed-Billionaires-Row-penthouse.html"


"> I liked the work. But I was never going to like it enough to blow a weekend doing more of it for free.  He wasn't working *for his employer* ""for free"", he was **""working"" for himself**.  He had something to show for it, as in 'a network in his house'; that he didn't have to *pay someone else* to do or make. He also probably increased his value to his employer just as much as if he'd taken a class on Saturday morning instead.  Jeez, Louise; is a garage mechanic who fixes his own car on the weekend *instead of paying other garage mechanics* ""blowing his weekend""?"


"Consumer Reports offers a service that can tell you detailed actual cost to a dealer for a specific model and accessories -- real cost after rebates, not just invoice price. It costs a bit to order these reports, but if you are serious about buying a new car they are a highly recommended tool -- cu is independent and will give you the best info available, and simply walking into the dealership with the report in your hand can save huge amounts of negotiating. ""If you can give it to me for $500 over the real price, as shown here, I'll sign now."" Of course, standard advice is that it's usually better to buy a recent-model used car. I believe cu has other reports that can help you determine what a fair price is in that case, but usually I just bring it to a trusted garage and pay them to tell me exactly how much work it needs and whether they think it's worth the asking price."


I personally spoke with a Questrade agent about my question. To make a long story short: in a margin account, you are automatically issued a loan when buying U.S. stock with a Canadian money. Whereas, in a registered account (e.g. RRSP), the amount is converted on your behalf to cover the debit balance. Me: What happens if I open an account and I place an order for U.S. stocks   with Canadian money? Is the amount converted at the time of transfer?   How does that work? Agent: In a margin account, you are automatically issued a loan   for a currency you do not have, however, if you have enough buying   power, it will go through. The interest on the overnight balance is   calculated daily and is charged on a monthly basis. We do not convert   funds automatically in a margin account because you can have a debit   cash balance. Agent: In a registered account, the Canada Revenue Agency does not allow a debit   balance and therefore, we must convert your funds on your behalf   to cover the debit balance if possible. We convert automatically   overnight for a registered account. Agent: For example, if you buy U.S. equity you will need USD to buy it,   and if you only have CAD, we will loan you USD to cover for that   transaction. For example, if you had only $100 CAD and then wanted to   buy U.S. stock worth $100 USD, then we will loan you $100 USD to   purchase the stock. In a margin account we will not convert the funds   automatically. Therefore, you will remain to have a $100 CAD credit and   a $100 USD debit balance (or a loan) in your account. Me: I see, it means the longer I keep the stock, the higher interest   will be? Agent: Well, yes, however, in a registered account there will be not   be any interest since we convert your funds, but in a margin account, there will   be interest until the debit balance is covered, or you can manually   convert your funds by contacting us.


Not exactly. From OP's X-post, this appears like textbook tortious interference.  If it were me, I'd demonstrate to the customer why they are getting a better deal and at the same time, I'd have my attorney send a C&D to the offending competitor.


"Because until the end of the Cold War, India was ""non-aligned"" but lightly supported the USSR because Pakistan was cozy with the US. As a result, it was pretty low on the immigration list for US authorities.  Also, there isn't any history of Indian immigration to the US beyond the last 30 or so years. Other minorities, like the Chinese and Japanese, began coming here a century ago."


"Because there is more to american made than where it's assembled.   An assembly line worker makes 20-30 an hour after the recession at a UAW plant. At a southern plant, 15-25.   A 65k a year job pays 9000 in single filed income taxes, less if they're married. Again, there is more than assembly with vehicles, just because it's the most car manufactured by the most Americans, doesn't mean it's the best car to support America. And people use the ""american made"" index to justify that they are actually better ""americans"" for buying a Camry vs a Malibu"


"There is no such thing as a ""one for one"" split. It's either N for 1, or 1 for N in a reverse split.  And for either, N can't be 1.  Yes a 3:2 can happen, but I still read it as 1.5 for 1."


The taxi industry operates differently in every jurisdiction. I live in Vancouver BC and the taxi business here is archaic (think transportation before deregulation) so I would welcome Uber as an alternative.   There is a reason a license to operate a cab in Vancouver is worth $500,000+ each. Monopolies, bitch.


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I recommend you ask this question to a qualified mortgage broker.  We just closed on our first house.  My wife & I have had several years of stable jobs, good credit scores, and a small side business with 1040 Schedule-C income... and we were surprised by the overwhelming amount of documentation we needed for the loan.  For example, we had 3 checks deposited to our bank account for $37.95.  We had to provide copies of the checks, deposit slip and a letter explaining the deposit.  One reason we might have had so much trouble:  the mortgage broker we selected sold our loan to a very picky lender.  On the plus side, we obtained a competitive rate with extremely low closing costs on a 30 year fixed mortgage.  However, I can't imagine the headaches we would've incurred if one of us were changing jobs to 1099 income.


"You keep saying this is based on data.  Please feel free to provide peer reviewed data supporting your stance that smoking impacts income.  I'm always happy to learn something new, but I'd need to see a valid source other than, ""Because I say so"".  Which is what you just said again.  Though this time you made a call to authority based on your undergrad degree."


You're halfway done with the debt elimination.  Keep up the good work. The student loan debt will get in your way a couple of ways when you look to finance a house.  First, your debt to income ratio will be higher than without the debt, so you'll be able to qualify for a smaller loan with the debt than without.  Second, you'll have the student loan payments in addition to your mortgage.  This may wear on you. I'd look for ways to make extra money to knock out those student loan debts ASAP.  The rates aren't horrible.  That, and I think there is still some time before the housing market bottoms out, so you don't need to rush into the house. If you can handle the entire debt load (student loans + mortgage) then if you save up for the down payment, that money isn't being used to pay down your student loans, and paying your students loans off won't get any easier when you get a mortgage on top of that.


Curing cancer is big business.     Hyping cancer cures is even bigger business.     QED, belongs in r/business.  Please note that the applicability of any particular cure to any particular variety of cancer has no bearing on the level of hype surrounding it, nor on how much money the venture will demand from the public.


"Yes and no.  There are different classes of shares - Some have voting rights, some *don't*.  Some take precedence over others in a bankruptcy.  Some get larger dividends.  ""Common"" isn't really a useful description of your stake in the company.  You *do* have a ""stake"" in the company, but not all shares are equal."


"EPS is often earnings/diluted shares. That is counting shares as if all convertible securities (employee stock options for example) were converted. Looking at page 3 of Q4 2015 Reissued Earnings Press Release we find both basic ($1.13) and diluted EPS ($1.11). Dividends are not paid on diluted shares, but only actual shares. If we pull put this chart @ Yahoo finance, and hovering our mouse over the blue diamond with a ""D"", we find that Pfizer paid dividends of $0.28, $0.28, $0.28, $0.30 in 2015. Or $1.14 per share. Very close to the $1.13, non-diluted EPS. A wrinkle is that one can think of the dividend payment as being from last quarter, so the first one in 2015 is from 2014. Leaving us with $0.28, $0.28, $0.30, and unknown. Returning to page three of Q4 2015 Reissued Earnings Press Release, Pfizer last $0.03 per share. So they paid more in dividends that quarter than they made. And from the other view, the $0.30 cents they paid came from the prior quarter, then if they pay Q1 2016 from Q4 2015, then they are paying more in that view also."


Carrying a small balance is generally better for your credit score that paying off in full every month by virtue of the statistics and models that give you a credit score for a certain product. Banks don't want to lend to customers that aren't going to be profitable, in my experience customers who can show that they have credit over time are generally awarded a higher score. So my advice would be to keep a small, manageable balance on the credit card, paying off the balance and then spending a little again on the card to keep at roughly constant balance. This revolving credit is the purpose of the product, and by showing you can use it sensibly, you will be rewarded over time. Source: I build credit scoring models for a big UK lender, specialising in credit cards and personal loan modelling.


It's easy to say this after the fact, but other industries that have heavily outsourced did so successfully.  It's just Boeing that failed.  This is probably because building airplanes is very complex and alot of precision is needed in designing the parts.  This being said, before the outsourcing failure, it was not obvious that it would be.


Scientist Harry Coumnas and his team of astronomers have spotted a 15 powerful burst of radio waves that vanished as quickly as they appeared. It was a fast radio burst that the scientist has been trying to figure out what these things are.


You will not be able to.  Here is why you don't have the collateral.   You have a car that is probably not worth 10k.  Also you probably do not have a simple interest loan.  You have to look at your contract.  Make sure that there is not early payment fee.  Also look for the rule of 78's   Explanation of Rule of 78's I can't sugarcoat this chances are you were ripped off because you had bad credit putting you into an even deeper hole.


You weren't eligible for a 401K in 2010, but you were eligible for an individual IRA.  If you had known by April 18th that you had this extra money, you could have deposited (not rolled over) the money, up to the maximum ($5,000 or so, I think), into an IRA account  You could do that because you didn't participate (legally) in an employer retirement program. But you didn't learn until early May, so you missed that deadline.  I doubt that the IRS has any provisions for waiving that April 18th deadline, but I could be wrong: see the IRS publications. In any case, to answer the question directly - no, you can't roll over the money you're getting back, because it was mistakenly in the 401K plan.  It will now become part of your 2011 income, and so you'll owe taxes on it when you file your tax return for the tax year 2011, in early 2012.


"[Trump1.](https://www.washingtonpost.com/news/post-politics/wp/2016/12/09/the-six-donors-trump-appointed-to-his-administration-gave-almost-12-million-with-their-families-to-his-campaign-and-the-party/?utm_term=.4f6b79680e9e)    [Trump2.](http://www.alternet.org/right-wing/trumps-single-biggest-donor-robert-mercer-has-merciless-political-agenda)    [Trump3.](https://www.theatlantic.com/politics/archive/2016/05/trumps-self-funding-lie/482691/)    [Trump4.](https://www.nytimes.com/2017/04/19/us/politics/trump-inauguration-sheldon-adelson-fundraising.html)    Should I go on?  Just because Hillary got more big money hardly means Trump didn't have his share of the 20%.  But facts are stubborn things, no?      I really hope you are enjoying this really shitty time in American history by lying to yourself thinking that he represents ""the people""."


Check the beta, as the market is down this week you can see how much of it is explained just by variance and covariance.  Also, look at their recent strategy, they are pulling the old razor blades (sell the razor at a loss, blades are the killing) across multiple product lines.


"If we take only the title of the question ""can the CEO short the stock"": It was probably different before Enron, but nowadays a CEO can only make planned trades, that is trades that are registered a very long time before, and that cannot be avoided once registered. So the CEO can say ""I sell 100,000 shares in exactly six months time"". Then in six months time, the CEO can and must sell the shares. Anything else will get him into trouble with the SEC quite automatically. I don't know if shorting a stock or buying options can be done that way at all. So it's possible only in the sense of ""it's possible, but you'll be in deep trouble"".  Selling shares or exercising share options may indicate that the company's business is in trouble. If the sale makes that impression and everyone else starts selling because the CEO sold his shares, then the CEO may be in trouble with the board of directors. Such a sale would be totally legal (if announced long time ahead), but just a bad move if it makes the company look bad. Shorting sales is much worse in that respect. If the CEO wants to buy a new car, he may have to sell some shares (there are people paid almost only in share options), no matter where the share price is going. But shorting shares means that you most definitely think the share price is going to drop. You're betting your money on it. That would tend to get a CEO fired, even if it was legal."


I see three ways to do this. Note that I kept saying interest. I assumed for this answer you were only considering money being saved in a savings account. Money that is to be invested for the long term (college fund, retirement) have much different rules for contributions, use, deductibility, age rules: that they would tend not to be mixed within the same account.


I do not meet your qualifications but this is what I would do: 1)  Save an amount that can replace your bike and accessories if it is stolen.  Don't touch it for anything but that. 2)  Compute an average monthly cost for maintenance items, double that for a couple of months until you have the account built up, then budget that amount every month. If your bike/headlight/front tire, get stolen or broken beyond repair, take it out of the first account.  Then your savings priority should be to rebuild that account.  I would be a bit alarmed if you have to keep hitting this account for legitimate reasons. When a tire goes flat, or other normal wear and tear item occurs, take it out of the second account.  This account should fluctuate regularly, and it is normal.  During certain months you may want to increase this amount (more glass on the street because of outdoor events means more flat tires). The same kind of thing holds true for a car. Putting numbers to some figures would help. I think the most alarming thing about your post is that a theft is somewhat ordinary.  Yikes!


Nope pay the employer back the due does not involve any tax. Just keep a record of the transaction so that its available as reference.


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I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Operational Excellence: Your Company's Future Depends On It](https://np.reddit.com/r/talkbusiness/comments/78pz4r/operational_excellence_your_companys_future/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)


There is a strange puzzle today where savings account interest rates are not rising in-line with the Federal Funds rate. Either customers are apathetic to their alternative uses of cash, or banks have some-how formed a cartel to keep their cost of funding low. I'm leaning towards the former since bank customers today likely value readily accessible cash more than the interest rate they could earn by investing in money market mutual funds.


You're championing policy that would allow businesses to pay as little as they like for work, which has *historically* proven disastrous and inhumane, because forcing them to pay a decent wage opens the door to *businesses* being racist.  Then, you're calling the left racist for encouraging the policy.  What utter madness.


"Is it unwise to not have any kind of retirement account? etc. Yes.  :) Why?  Because they allow tax-free growth, and that's always good. and placed it in an online bank's checking account with 0.76% APY. If nothing else, move some of it into an online bank's savings account at 1.2% and the rest into a set of ""laddered"" CDs at about 1.5%. Do that to your ""six months emergency fund"" money, and whatever money you plan on using for a condo DP.   Invest the rest."


BrenBarn did a great job explaining your options so I won't rehash any of that. I know you said that you don't want to save for retirement yet, but I'm going to risk answering that you should anyway. Specifically, I think you should consider a Roth IRA. When it comes to tax advantaged retirement accounts, once the contribution period for a tax year ends, there's no way to make up for it. For example in 2015 you may contribute up to $5,500 to your IRA. You can make those contributions up until tax day of the following year (April 15th, 2016). After that, you cannot contribute money towards 2015 again.  So each year that goes by, you're losing out on some potential to contribute. As for why I think a Roth IRA specifically could work well for you: I'm advocating this because I think it's a good balance. You put away some money in a retirement account now, when it will have the most impact on your future retirement assets, taking advantage of a time you will never have again. At a low cost custodian like Vanguard, you can open an IRA with as little as $1,000 to start and choose from excellent fund options that meet your risk requirements. If you end up deciding that you really want that money for a car or a house or beer money, you can withdraw any of the contributions without fear of penalty or additional tax. But if you decide you don't really need to take that money back out, you've contributed to your retirement for a tax year you likely wouldn't have  otherwise, and wouldn't be able to make up for later when you have more than enough to max out an IRA each year. I also want to stress that you should have a liquid emergency fund (in a savings or checking account) to deal with unexpected emergencies before funding something like this. But after that, if you have no specific goal for your savings and you don't know for sure you'll actually need to spend it in the near future, funding a Roth IRA is worth considering in my opinion.


> It seems outsourcing tech usually turns out to be a disaster for most companies in the long term  Source? I think you usually only hear about failures, but who would brag about successfully moving operations abroad? You can hire decent developers for less than in the US pretty much everywhere in the world, but you can't bee too greedy.


By your own logic this may not work. Tax cuts which are matched by government spending cuts will have an immediate negative effect on the economy as government spending contributes a very sizeable chunk of the GDP and employs a not at all insignificant workforce.  Thus for the net total economic growth to compensate at the very least that entire tax cuts has to be spent in the economy preferably in sectors where the income velocity of money is the highest. Income velocity has often been proven to be the highest among the low income sections while the lowest among the high income sections. For example if the corporate tax cuts is just invested as share buybacks the net velocity is tiny even though share prices will increase.  What proof do you really have that this will not be case? Let alone 35 years, even recent data has shown that increasing the monetary supply to corporate America does not really translate to sustained GDP growth as the money velocity remains abysmal. This has been demonstrated both on a state level in Kansas, and in a slightly different way at the federal level through our experience with quantitative easing.


> flywheel  The concept predates prime.  Bezos has been fixed on it with Amazon since the 90s. I forget where he picked it up from, could have been from Wallmart execs, or Sam Waltons autobiog.  It's detailed in The Everything Store.


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I understand the question, I think. The tough thing is that trades over the next brief time are random, or appear so. So, just as when a stock is $10.00 bid / $10.05 ask, if you place an order below the ask, a tick down in price may get you a fill, or if the next trades are flat to higher, you might see the close at $10.50, and no fill as it never went down to your limit.  This process is no different for options than for stocks.  When I want to trade options, I make sure the strike has decent volume, and enter a market order. Edit - I reworded a bit to clarify. The Black–Scholes is a model, not a rigid equation. Say I discover an option that's underpriced, but it trades under right until it expires. It's not like there's a reversion to the mean that will occur. There are some very sophisticated traders who use these tools to trade in some very high volumes, for them, it may produce results. For the small trader you need to know why you want to buy a stock or its option and not worry about the last $0.25 of its price.


"Would it make sense to take a loan from a relative... Other people have pointed this out, but honestly, I'd be very reluctant to answer ""yes"" to this no matter how you completed that sentence. There's always an intangible risk to mixing money and relationships. There's a lot that can go wrong during the duration of the loan, and if it does, the consequences could be a lot greater than just a bad credit score."


The reason for such differences is that there's no source to get this information. The companies do not (and cannot) report who are their shareholders except for large shareholders and stakes of interest. These, in the case of GoPro, were identified during the IPO (you can look the filings up on EDGAR). You can get information from this or that publicly traded mutual fund about their larger holdings from their reports, but private investors don't provide even that. Institutional (public) investors buy and sell shares all the time and only report large investments. So there's no reliable way to get a snapshot picture you're looking for.


The best way to gauge the state of the economy is to look at a chart of the stock market indexes in that particular country. The second way to gauge the state of an economy is to look at a chart of existing and new home sales in that country. Asset inflation is the #1 indicators. Also, it doesn't matter if the markets are filled with useless junk. Facebook is the same Facebook as before and it has risen 10 fold. The only thing that matters is the price of the indexes, themselves. Also, the media and media, both say that the markets are in bad shape constantly because they are constantly negative. Things are so negative that the negativity has even spilled over to this post. But, during all this negativity, the prices of all assets have continued to multiply at exuberant proportions.


The time horizon is usually very short for a home down payment. I would use Certificates of Deposit (CDs) with a short maturity (in the horizon of your intended use) or Money Market accounts. Depending on what the interests rates are where you are looking. You don't want the money in the market 100% (i.e. stocks) as the fluctuations might be too wide around the time you intend to pull the money out (and that will be soon).


Firstly, tax credits are not confiscated taxpayer dollars, they are taxpayer dollars which are NOT confiscated.  Secondly, all forms of transportation (and energy production) receive billions in 'confiscated taxpayer dollars'.  Sometimes when the future is clear (electric vehicles), it's worthwhile to provide temporary subsidies to jumpstart an industry.  Tax credits are an excellent way to change taxpayer behaviour.  If the government prefers electric vehicles as one way of reducing air pollution, tax credits seem a remarkably cost effective way of doing so in comparison to some of the other options people discuss (higher taxes on gasoline, for example, or more restrictive regulation on car manufacturers).


"You are legally able to contribute more than 4% to your 401(k) (unless you've hit the actual limit).  There is no reason you need to pull out your ""extra"" contribution.  So basically they just want their $27.50 back. So offer (via email or writing) to send them a check.  You obviously don't work there any more, so if they insist it comes from your IRA or are not willing to accept a check, tell them to @%#&* off (OK, not really, that would be unprofessional, but that's the general idea).  They overpaid you by $27.50, and you are legally bound to return the extra pay, but not to put up with their BS.  Tell them you've offered to pay, and if they don't want to accept a check, they can sue you for it to try to get it in the form they prefer (which they won't do, and even if they did, at most the judge would just tell you to write a check - which you offered from the outset, so they'd probably owe your legal fees)."


">  BP's spill happened because a complex organizational structure didn't work as intended  That is one way to put it. There were more than a few checks and balances that had to fail for it to get as far as it did. Further they knew the risks, it wasn't called ""Deep water horizon"" for kicks.  Either way, I've not heard good things about BP from ex-employees. Both about BP's internal attitude towards general safety and risk reduction. While other employees from other companies its a much broader mix of positive/negative."


"The quantity are going to get booty raped when the cycle turns. The unprecedented bull run has lead to their models being skewed which is bad news for the quants who are the ""programmer funds"" you reference. I'm just an analyst and I use python regularly for my job, but I don't think AI can replace expertise."


Okay, I guess we can start there:  My argument that taxes are a civic duty and patriotic is because they pay for the stability, safety, and basic essential services that I require and expect from a modern, civilized nation. The services that they pay for extend well outside of my basic needs, and therefor are for a greater good. They also help to maintain the success and livelihood of the nation and its people - thus the patriotism that I associate with taxes.


>As it turns out, the idea that your parents paid less for their house than you will is only true in absolute terms  People carrying a similar amount of mortgage debt doesn't solidify this conclusion at all, as people have not been buying houses because they can't afford them. There were about 600k new home sales this year vs about 800k in 1985; despite population differences of 323m vs. 238m.


After the deal, which is expected to close by early next year, Burger King and Tim Horton said their newly combined company would have about $23 billion in sales and more than 18,000 locations. The corporate headquarters will be in Canada, but Burger King will still be operated out of Miami.  So it can be considered an inversion.    Do you understand how companies avoid taxes in these deals?  The US taxes all your revenue at 35% and then gives you credit for foreign taxes paid.  In many other countries, they just tax you for domestic revenue, not world wide.   So previously, Burger King had to pay 35% tax on all revenue world wide, and then got back credits for taxes paid in say, Canada or England.   Now, they will pay 35% only on US income and the foreign tax in those countries it operates, which can be much less than 35%.


"In these situations, one solution is to use the ""I was just about to ask you the same thing..."" response. This is kind of a famous way to deal with people asking you for money, whether it's someone asking to borrow ""$10 at lunch time"" or ""$3000 for a car"" or the like. So: Person X asks you for money, say $2000. Your reply: Ah, that's bad luck, I was just about to ask you the same thing... Follow this immediately - just keep talking - by launching in to a really incredibly detailed discussion of why you need to borrow money (pick a slightly larger amount, slet's ay $3500).  Just ""keep talking"" and don't let the other person get a word in. Go in to great detail about just what you need the $3500 for and why. It's a good trick."


The last mattress I bought was in a store and I paid $500 for it. It is a queen size pillow top that I've had for 10 years and is still excellent.  Why people are buying mattresses anywhere for thousands of dollars baffles me.


Just going to point out that the $5.2 figure includes gains from outside of the us. Considering he said that we gained that money, it'd be pretty normal to interpret it as part of the domestic gains. Also Wilbur Ross is trump's secretary of commerce and part of the administrstion, trump getting figures from him is still his responsibility.


> (1) The value of the MBA is in the network  Really?  That's the value?  No, it's the letters behind your name that people look at when you submit an application / resume.  If it's not there they pass you by.  Furthermore, an MBA isn't the only way to build a network.  Also, congrats on finding some great entry level jobs.  When this kid is thinking about his 1st promotion and his peers already have an MBA, he's screwed.  Great for the kids at your school... they're not eligible for anything other than entry level jobs without one.  You're behind the trend.  Sorry, you're giving the kid bad advice.  It will not do him any harm to get it right away.


exactly this. of course young millennials want to be downtown where the action is. once you have kids, the whole dynamic of your life changes and the things you need and want access to change as well.   but apparently it's easier to just lump an entire generation together when trying to define their needs and wants.


You want to bend over and take it up the ass by a bunch of tyrants you go ahead, but true patriots know that the fight to preserve our constitutional rights never ends. It certainly doesn't end on a Friday afternoon because some troll shows up and tells you it ended last week.  They are **_inalienable_** rights. That means you or anyone else cannot take them away, and they cannot be signed away. Period.  Our grandparents fought and died for this protection and you would simply throw it away without a fight. Shame on you.  All of you dissidents should spend some time to really learn what the constitution grants you, and then spend the rest of your days helping defend it against those who would try to nickle and dime it to death. You're either with us or you're against us.


It's the rate of return on new opportunities. The rate on existing projects isn't relevant. If you buy a bond 10 years ago when market Interest rates were 8%, and you have cash to buy another bond today, it is today's interest rates that are relevant, not the rates 10 years ago.


Commercials aren't really designed to make you go out and buy a product right then and there but to keep that brand in your mind so that when you begin shopping they're part of your list.   Also if you watch sports then skipping them isn't really an option and that's the biggest draw for TV networks.


"Furthermore, the ""trust fund"" the article talks about doesn't really exist - they SSAdmin just owns treasury bills, which as we all know are obligations of the U.S. government.  So - in order to exhaust the ""trust fund"" you have to expect the U.S. treasury to repay the SSAdmin in full - which we can debate about whether that is a fair assumption or not."


Parents are eminently capable of gifting to their children.  If it's a gift call it a gift. If it's not a gift, it's either a loan or a landmine for some future interpersonal familial interaction (parent-child or sibling-sibling).  I an concerned by some phrasing in the OP that it is partially down this path here.  If it's a loan, it should have the full ceremony of a loan: written terms and a payment plan (which could fairly be a 0% interest, single balloon payment in 10 years or conditional on sale of a house or such; it's still not a gift).


I think it may be best to take everything you're asking line-by-line. Once you buy stocks on X day of the month, the chances of stocks never actually going above and beyond your point of value on the chart are close to none. This is not true. Companies can go out of business, or take a major hit and never recover.  Take Volkswagen for example, in 2015 due to a scandal they were involved in, their stocks went downhill. Now their stocks are starting to rise again. The investors goal is not to wait as long as necessary to make a profit on every stock purchase, but to make the largest profit possible in the shortest time possible. Sometimes this means selling a stock before it recovers (if it ever does). I think the problem with most buyers is that they desire the most gain they can possibly have. However, that is very risky. This can be true. Every investor needs to gauge the risk they're willing to take and high-gain investments are riskier.  Therefore, it's better to be winning [small/medium] amounts of money (~)100% of the time than [any] amount of money <~25%. Safer investments do tend to yield more consistent returns, but this doesn't mean that every investor should aim for low-yield investments. Again, this is driven by the investor's risk tolerance. To conclude, profitable companies' stock tends to increase over time and less aggressive investments are safer, but it is possible to lose from any stock investment.


I use my Acer W500 (Windows 7 64bit) for browsing Internet (porn, news, reddit, wikipedia) and reading books. Haven't found any other reason to use it yet. Maybe if I would do some work that requires lot's of walk work and browsing inventory, it could have some additional use. I wonder what kind productivity improvements MS is planning.


Technically it does. The value is that you have higher credentials that are tangible to a business. When choosing between two people of same experience and background, the person with the MBA will likely have a higher chance of earning a job.   Down vote my comments all you want, I didn't come here to circle jerk with MBA's. I came here to discuss and I appreciate you getting into a healthy debate with me, I personally enjoy it. I was a psychology major in undergrad and a part of me wishes I pursued something in psychology. I guess it's never too late.


I do this, and as you say the biggest downside is not having a separate account for your savings.  If you're the type of person who struggles with restraint this is not for you. On the other hand this type of account gives more interest than any other type of US Checking or Savings account I've seen, so you will benefit from the interest.


First, request that you complete a tax return. On this tax return, you will complete both the employed and self employed sections. This will give you a total income and tax liability. You will already have paid some tax via PAYE, but you will have to pay additional tax for any other income. For future years there is the option, depending on amount, to collect extra tax through PAYE to cover the other earnings. If it is likely to be the same for the next few years, this may be a better option than paying a lump sum. The tax return is now mostly online, and not too bad if your affairs are otherwise simple. The hardest part will be keeping a good record of your other earnings. Remember that you have to keep these records for seven years in case HMRC ever want to audit them, and it's a good idea to have a separate account for the income, or some other way of easily identifying it.


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If I applied for a decent paying job and told them that I only want to work 3 days a week, they'd probably wouldn't hire me.   Some people would be happier working less and foregoing a bit of pay. ~~Take a look at labor norms in Italy, seems to be working well for them.~~ Nevermind, the Italian economy isn't doing too great right now. I was basing that statement off a Micheal Moore documentary where people tend to work less and are happier.


Note: I am not a lawyer. This is my personal opinion and interpretation. First, your source is European Law, which obviously doesn't apply outside of the EU. The EU cannot make laws that bind entities in other countries; so you cannot claim that the VAT was needed to be mentioned. Second, if you owe something, you owe it; it doesn't matter if it was forgotten to be mentioned. At best, you can say that under those circumstances you don't want the software anymore, and i would assume you can send it back and get your money back (minus a fee for having it used for a while...) - this gets quite difficult to calculate clearly, so it's probably not a good avenue to follow for you. As the company has to send the VAT to your country (they will not be allowed to keep a dime of it, and have to bear the complete cost for the handling), it is a debt you have to your government; they are just the entity responsible for collecting it. Still, if you just ignore them, they will probably suck it up, and your government will also not do a thing to you. If they only have your email address, they have no way of knowing if you even still have/use this address; for all they know, it could be you never got it. They also cannot simply charge your card, as they probably don't have the card data any more (they are not supposed to keep it after the transaction is complete, and they thought it was complete at the time). All in all, you should be safe to ignore it. It's between you and your god/consciousness, if you feel obliged to pay it, as technically you owe it.


You may have asked the question “Is it worth the time to publish on LinkedIn?”  3 years, and 75 articles later, my answer is “Yes.”  When I started writing on LinkedIn, my plan was to publish a series of 5 articles. What I found is that feedback, questions, and comments from members like You were too interesting to stop.


"1) Are the definitions for capital market from the two sources the same? Yes.  They are from two different perspectives.  Investopedia is looking at it primarily from the perspective of a trader and they lead-off with the secondary market. This refers to the secondary market: A market in which individuals and institutions trade financial securities. This refers to the primary market: Organizations/institutions in the public and private sectors also often sell securities on the capital markets in order to raise funds. Also, the Investopedia definition leaves much to be desired, but it is supposed to be pithy.  So, you are comparing apples and oranges, to some extent.  One is an article, as short as it may be, this other one is an entry in a dictionary. 2) What is the opposite of capital market, according to the definition in investopedia?  It's not quite about opposites, this is not physics.  However, that is not the issue here.  The Investopedia definition simply does not mention any other possibilities.  The Wikipedia article defines the term more thoroughly.  It talks about primary/secondary markets in separate paragraph. 3) According to the Wikipedia's definition, why does stock market belong to capital market, given that stocks can be held less than one year too? If you follow the link in the Wikipedia article to money market: As money became a commodity, the money market is nowadays a component of the financial markets for assets involved in short-term borrowing, lending, buying and selling with original maturities of one year or less. The key here is original maturities of one year or less. Here's my attempt at explaining this: Financial markets are comprised of money markets and capital markets.   Money is traded as if it were a commodity on the money markets.  Hence, the short-term nature in its definition.  They are more focused on the money itself.     Capital markets are focused on the money as a means to an end. Companies seek money in these markets for longer terms in order to improve their business in some way. A business may go to the money markets to access money quickly in order to deal with a short-term cash crunch.  Meanwhile, a business may go to the capital markets to seek money in order to expand its business. Note that capital markets came first and money markets are a relatively recent development.   Also, we are typically speaking about the secondary (capital) market when we are talking about the stock or bond market.  In this market, participants are merely trading among themselves.  The company that sought money by issuing that stock/bond certificate is out of the picture at that point and has its money.   So, Facebook got its money from participants in the primary market: the underwriters.  The underwriters then turned around and sold that stock in an IPO to the secondary market.  After the IPO, their stock trades on the secondary market where you or I have access to trade it.  That money flows between traders.  Facebook got its money at the ""beginning"" of the process."


There's lots more entrepreneurship in the Philippines it's just under the radar. Big business is controlled by a handful of oligarchs. #1 problem in the Philippines would be corruption in government, IMO, followed by their bad weather/geological situation, and then terrorism. These are all huge roadblocks to overcoming poverty on their own. That difficulty to officially start a business does make things harder, and unfortunately the smarter folks who live there often find a way to put their skills to use abroad.


You probably bought the cross listed WestJet stock.  If you wanted to buy shares on the TSE, I'd suspect you'd have to find a way to open a brokerage account within Canada and then you'd be able to buy the shares.  However, this could get complicated to some extent as there could be requirements of Canadian tax stuff like a Social Insurance Number that may require some paperwork.  In addition, you'd have to review tax law of both countries to determine how to appropriately report to each country your income as there are various rules around that. TD Waterhouse would be the Canadian subsidiary of TD Ameritrade though I haven't tried to create a Canadian brokerage account.


I would disagree.  Not all children are set to have good life outcomes.  Those raised in poverty often experience a great deal of stress and suffering.  Raising children to be productive adults in beneficial to society.  Raising a child to continue the cycle of poverty and crime is not.  Many times, people voluntarily organize into a family unit whereby the husband earns an income which can be considered in paying the wife to raise the child.  Individuals are amazing at coming to voluntary agreements which help society.


"This is the best tl;dr I could make, [original](http://www.abc.net.au/news/2017-06-30/bilnd-recruitment-trial-to-improve-gender-equality-failing-study/8664888) reduced by 79%. (I'm a bot) ***** > Blind recruitment means recruiters cannot tell the gender of candidates because those details are removed from applications.  > In a bid to eliminate sexism, thousands of public servants have been told to pick recruits who have had all mention of their gender and ethnic background stripped from their CVs. The assumption behind the trial is that management will hire more women when they can only consider the professional merits of candidates.  > Professor Hiscox said he discussed the trial with the ABS and did not consider it a rigorous or randomised control trial, warning against any &quot;Magic pill&quot; solution.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kpwlj/study_more_men_hired_in_genderblind_job/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~157123 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*: **trial**^#1 **candidate**^#2 **public**^#3 **women**^#4 **more**^#5"


"If all of the money needs to be liquid, T-Bills from a broker are the way to go. Treasury Direct is a little onerous -- I'm not sure that you could actually get money out of there in a week. If you can sacrifice some liquidity, I'd recommend a mix of treasury, brokered CDs, agency and municipal securities.  The government has implicitly guaranteed that ""too big to fail"" entities are going to be backed by the faith & credit of the United States, so investments in general obligation bonds from big states like New York, California and Florida and cities like New York City will yield you better returns, come with significant tax benefits, and represent only marginal  additional short-term risk."


There are different strategies but the short version is that they set it up so the US corporation pays a legal entity in a low-tax jurisdiction for the rights to use the IP which the company has transferred there previously. One such strategy is called the [Double Irish (possibly with a Dutch Sandwich)](http://en.wikipedia.org/wiki/Double_Irish_arrangement) which is what Apple, Google, Facebook and many others use.


"Each company has X shares valued at $Y/share. When deals like ""Dragon's Den"" in Canada and Britain or ""Shark Tank"" in the US are done, this is where the company is issuing shares valued at $z total to the investor so that the company has the funds to do whatever it was that they came to the show to get funding to do, though some deals may be loans or royalties instead of equity in the company. The total value of the shares may include intangible assets of course but part of the point is that the company is doing an ""equity financing"" where the company continues to operate. The shareholders of the company have their stake which may be rewarded when the company is acquired or starts paying dividends but that is a call for the management of the company to make. While there is a cash infusion into the company, usually there is more being done as the Dragon or Shark can also bring contacts and expertise to the company to help it grow. If the investor provides the entrepreneur with introductions or offers suggestions on corporate strategy this is more than just buying shares in the company. If you look at the updates that exist on ""Dragon's Den"" or ""Shark Tank"" at least in North America I've seen, you will see how there are more than a few non-monetary contributions that the Dragon or Shark can provide."


I feel you're missing the point. Of course it's a sweet deal, we'd all take it. The bigger point is he's had these deals multiple times over now and has netted nearly a billion dollars and *still* isn't wealthy and in debt.


A number of ways exist to calculate the chances of a particular outcome. Options, for example, use current price, cost of money, and volatility among other factors to price the chance of an underlying asset reaching a certain price in a certain timeframe.  A graphical forecast simply puts these calculations into a visual format. That said, it appears the image you offer shows the prediction as it existed in the past along with how the stock has done since.  A disclaimer - The odds of a fair die being rolled to a given number are 1 in 6. It's a fact. With stocks, on the other hand, models try to simulate real life and many factors can't be accounted for.


Pro sports prices are too high, anyway.  Going by yourself, it's easy to drop $100 or more for the ticket, parking, food, and maybe one beer.  Ridiculous.  You can get a high-end meal, *far* better than a hot dog, then go watch the game at a bar for half the price.  You can get a better experience for much less money.  No wonder ticket sales are declining.  The reason baseball became America's pastime was that it was accessible to everyone.  Common working people could afford to attend games regularly.  If you want to attend regularly today, you better be earning over six figures.


You read it right. Todd's warning is well taken. I don't know the numbers involved, but have a brilliant suggestion that may help. A Solo 401(k) is simple to qualify for. Any bit of declared side income will do. Once the account is set up, a transfer from IRAs is simple. The Solo 401(k) can offer a loan provision as any other 401(k), and you can borrow up to 50% (max of $50K) for any reason with a 5 year payback. The standard rate is Prime+1%, the fee is minimal usually $50-$100.  All the warnings of IRA 'loans' apply, but the risk of job loss (the largest objection to 401 loans) isn't there. The fact that you have 6 months to set this up is part of what prompts this suggestion.  Note: Any strategies like this aren't for everyone. There are folk who need to access quick cash, and this solves the issue in two ways, both low rate and simple access. Phil already stated he is confident to return the money, the only thing that prompted my answer is there's real risk the 60 days a bit too short for any business deal.


Right, but doesn't this apply to the owner operators too? Meaning, the drivers that only occasionally get work from either company? That does hurt, when those drivers operate low margin trips and the fewer high profit trips (typically seasonal or situational) from the big companies make their year.  Walmart won't get their way at scale, and even then this type of policy is not an impasse, but is only a temporary roadblock until the market moves around them.


Of course you wouldn't, and of course data is incredibly important.  What I'm saying is that you at least have access to rudimentary data about what people are interested in, public data sources, etc that didn't even exist in the past.  In the past, small businesses were flying incredibly blind.  The data small businesses do have access to today didn't even exist except in either very expensive data collection firms or in hard to get physical records in the past.  A small company is never going to have the resources of a large one - at any point in history


Also your statement that money we use for centuries is an abominations. Shows a clear misunderstanding of the purpose and function of money, or the word abomination, or the length of centuries. All of these things led me to believe that you are misinformed.


This isn't exactly the answer you were looking for, but it is something else to consider. Rather than just running money through the card to get the bonus, have you considered spending that $5,000 in the form of good debt? In other words, can you purchase some asset that will create more cashflow than you would be paying on the card with the $5,000 balance? The idea is instead of running up the balance and paying it back off to get the bonus, maybe you could buy an asset for $5,000, create positive cashflow with the opportunity for long term capital gains, and get the credit card bonus. You could even turn around and use the bonus to pay back part of the credit card balance, thus reducing the payments and widening the profit margin on the asset.


"Yes, there are non-stock analogs to the Price/Earnings ratio. Rental properties have a Price/Rent ratio, which is analogous to stocks' Price/Revenue ratio.  With rental properties, the ""Cap Rate"" is analogous to the inverse of the Price/Earnings ratio of a company that has no long-term debt. Bonds have an interest rate.  Depending on whether you care about current dividends or potential income, the interest rate is analogous to either a stock's dividend rate or the inverse of the Price/Earnings ratio."


Hourly rate is not the determinant.  You could be selling widgets, not hours. Rather, there's a $30,000 annual revenue threshold for GST/HST. If your business's annual revenues fall below that amount, you don't need to register for GST/HST and in such case you don't charge your clients the tax. You could still choose to register for GST/HST if your revenues are below the threshold, in which case you must charge your clients the tax. Some businesses voluntarily enroll for GST/HST, even when below the threshold, so they can claim input tax credits. If your annual revenues exceed $30,000, you must register for GST/HST and you must charge your clients the tax.  FWIW, certain kinds of supplies are exempt, but the kind of services you'd be offering as an independent contractor in Canada aren't likely to be. There's more to the GST/HST than this, so be sure to talk to a tax accountant. References:


>“The cryptocurrency market is as unregulated as it can get,” Varshney wrote. “Things that would result in jail time on the stock market are legal here. In such a scenario, it’s no surprise that big players are manipulating the markets for their own gain.”  Pretty much.


I agree with JoeTaxpayer that you will be better off in the end if you can just not use your card you are better off in the long run.  That said if you are determined to get a card you can control go to a credit union or local bank.  Most of them will give you the credit limit you want.  This may provide you with a card that you can make use of but know that you can not go wild.  The down side is most of these will not be reward cards but my local credit union gave me a 7% card where my Chase card is at 18%(was 5% before the changes to credit card regulations).


"Wait, where did you hear that ""fable""? Cause the guy actually mentioned that he went to Harvard, Yale and Stanford, I believe, and at none of those was Marx studied? Aforementioned are stages in the development of the productive forces, formation of classes and respectively of the distribution of wealth in the society. It looks like you don't have a clue about Marx and have just aired some ""broad and sloppy"" meaningless opinion."


Daniel, first of all, I'm jealous of your predicament.  That said, I think you've gotten some good advice already, so I won't repeat what's been said.  But I will throw out a few ideas that haven't come up.  My first thought is that you may be underestimating upcoming expenses.  It sounds like your current expenses are low, and that's great!  I'm impressed that you're living below your means, and looking for the best way to use your extra cash.  But you may not be thinking of a few things. You have a girlfriend, and maybe your relationship isn't such that you are planning a wedding quite yet.  But, regardless of whether your current girlfriend is your future life partner or not, if you think marriage may be in your future at all, you'll save yourself a lot of stress if you've got some savings for a wedding in place before you're ready to commit. Next, what are you driving?  If it's a good car that you expect to last you another 10 years, you're probably ok right now.  But if you may need to replace your vehicle in the next few years, start saving now and you may be able to buy it outright.  (I expect your interest rate on financing a car would be higher than your current student loan rates, so I would save for a car before paying down loans with such beautiful rates.) A house has already been discussed, and there was also mention of additional education, and both of those require a solid financial plan that begins far in advance. In summary, I think you need a lot more than $5K in savings.  Sure, have some fun, and take advantage of opportunities to travel, etc, as they come along, but if you're able to bump your savings by $500 to $1000/month, I think you'll really be glad you did.  When it comes time for a new car, or you find you're ready to settle down, it will be nice to have somewhere to draw from, and if there's only $5K in your savings, you may come to regret choices you made when you were 22.


If you go to a grocery store and purchase retail gift cards along with other products, and you pay with a credit card, your credit card company generally does not know what you spent the money on; they don't get an itemized receipt.* If this is the case with your rewards card, then yes, you would get the cashback reward on the gift cards, because all the credit card company knows is that you spent $100 at the grocery store; they don't know (or care, really) that $50 of it was for an Olive Garden gift card. This, of course, should be fairly easy to test.  Buy the gift card, wait for your statement, and see if they included the purchase when calculating your rewards. * Note: I don't have an American Express card, but from some quick googling I see that it is possible that American Express does actually receive itemized billing details on your purchases from some merchants.  If your grocery store is sending this data to AmEx, it is possible that the gift cards could be excluded from rewards.  But again, I suggest you just test it out and see.


We also have companies that sell food, shelter, clothing and other necessities of life. A developed nation that has businesses making a *profit* off things humans need to *survive*. Crazy, huh? It's a real bizarro world over here isn't it? Did I explode your Canadian mind?


"To answer your question directly..  you can investigate by using google or other means to look up research done in this area.  There's been a bunch of it Here's an example of search terms that returns a wealth of information. effect+of+periodic+rebalancing+on+portfolio+return I'd especially look for stuff that appears to be academic papers etc, and then raid the 'references' section of those.  Look for stuff published in industry journals such as ""Journal of Portfolio Management"" as an example. If you want to try out different models yourself and see what works and what doesn't, this Monte Carlo Simulator might be something you would find useful The basic theory for those that don't know is that various parts of a larger market do not usually move in perfect lockstep, but go through cycles.. one year tech might be hot, the next year it's healthcare.  Or for an international portfolio, one year korea might be doing fantastic only to slow down and have another country perform better the next year.    So the idea of re-balancing is that since these things tend to be cyclic, you can get a higher return if you sell part of a slice that is doing well (e.g. sell at the high) and invest it in one that is not (buy at the low) Because you do this based on some criteria, it helps circumvent the human tendency to 'hold on to a winner too long' (how many times have you heard someone say 'but it's doing so well, why do I want to sell now""? presuming trends will continue and they will 'lose out' on future gains, only to miss the peak and ride the thing down back into mediocrity.)  Depending on the volatility of the specific market, and the various slices, using re balancing can get you a pretty reasonable 'lift' above the market average, for relatively low risk. generally the more volatile the market, (such as say an emerging markets portfolio) the more opportunity for lift. I looked into this myself a number of years back, the concensus I came was that the most effective method was to rebalance based on 'need' rather than time.  Need is defined as one or more of the 'slices' in your portfolio being more than 8% above or below the average.  So you use that as the trigger. How you rebalance depends to some degree on if the portfolio is taxable or not.  If in a tax deferred account, you can simply sell off whatever is above baseline and use it to buy up the stuff that is below.   If you are subject to taxes and don't want to trigger any short term gains, then you may have to be more careful in terms of what you sell.  Alternatively if you are adding funds to the portfolio, you can alter how your distribute the new money coming into the portfolio in order to bring up whatever is below the baseline (which takes a bit more time, but incurs no tax hit)  The other question is how will you slice a given market?  by company size?  by 'sectors' such as tech/finance/industrial/healthcare, by geographic regions?"


"My Schwab panel has the following options: As an example, when I go in to ""Wire Transfer,"" it prompts me to select which Schwab account, then Domestic or International wire, then amount etc.  This will likely depend on the brokerage, I don't think Scottrade or Zecco/Tradeking was this integrated. Personally, I keep brokerage funds pretty well segregated from the remainder of my finances.  I transfer money in and out from a more used checking account to keep the accounting more simple."


Banks only send your balance to credit bureaus once a month; usually a few days after your statement date.  Thus, as long as your usage is below 10% in that date range, you're ok. Regarding paying it off early: sure.  Every Sunday night, I pay our cards' charges from the previous week.  (The internet makes this too easy.)


Swiss Central bank has a floor of 1.20, the reason why I have this pair is that my downside is limited.  The actual differential is about 20 bps but im leveraged 50:1, which gives me a fun 10% annualized. I bought in at 1.2002, meaning my max downside on an investment of 20K (gives 1mn of exposure), is 200$ and my potential profit is 2000. Creating a risk to return of 10:1.


If the FT claims the U.S. has structural problems, I say keep doing what we are doing.   The FT was a staunch supporter of the Eurozone (along with The Economist) and look where that got them. Now they are reverting and some columns have favored departures or even a break up.


"The whole don't self promote thing is so stupid. I understand not wanting people to post a shit load of links to their own content, but it's really stupid to not let people post their own content. What you end up with is people posting their own content under the guise of a ""friend"" or user who just happened to see it and then the creator shows up in the comments anyways. And it's like, how is that better than just letting them post it openly?"


One of the more subtle disadvantages to large credit card purposes purchases (besides what the other answer mentions), is that it makes you less prepared for emergencies. If you carry a large balance on your credit card with the idea that your income can easily handle the payments to beat the no-interest period, you never know when you'll have an unexpected emergency and you'll end up having to pay less, miss the deadline and end up paying huge interest. Even if you are fastidious about saving and budgeting, what if your family comes under a large financial burden (just as one possible example)?


"This is the best tl;dr I could make, [original](https://www.theguardian.com/environment/climate-consensus-97-per-cent/2017/oct/23/americans-want-a-tax-on-carbon-pollution-but-how-to-get-one) reduced by 91%. (I'm a bot) ***** > According to a new study published by Yale scientists in Environmental Research Letters, Americans are willing to pay a carbon tax that would increase their household energy bills by $15 per month, or about 15%, on average.  > The new Yale study also asked survey participants how they would like to use the revenue generated by a carbon tax.  > Basically, Americans support a carbon tax because they want action to address climate change, and they want to spend the revenue on clean energy for the same reason.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78tvsj/americans_want_a_tax_on_carbon_pollution_but_how/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~235324 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*: **tax**^#1 **carbon**^#2 **Republican**^#3 **Policy**^#4 **support**^#5"


Don't try to catch a falling knife. The fact that the prices were falling for this long means that the professional traders in this market expect gas prices to keep going down. This may be for many reasons, which they know much better than you do. So it's likely that gas will keep falling for a while longer. Wait until gas starts to recover, and then go long on gas as base64 suggests.


all of the unconstitutional efforts by government to eliminate hardship have only led to more hardship, corruption, and a nation which consumes more than it produces.  the citizens of the USA are not brave enough to be free and will experience the consequences.  the crumbling illusion of prosperity is supported by incredible amounts of debt, panic level low interest rates, and obscene levels of welfare and warfare.     it is not the role of government to eliminate hardship or run an economy.  an economy(including the availability of healthcare) is to be crafted by the free choices of consumers and producers.  you can't legislate prosperity.  and freedom includes the freedom to endure hardship.


The compound interest argument is a good one.  While you are young, it is important to save, since time is on your side for compounding of interest.  I think the 401K is a good idea, but not for all of your savings.  Think about saving a percentage of your income, but put it in a couple places. Your Roth is also a great thing, since you'll be able to remove money without paying tax again.  The 401k (tax deferred) is a good idea if your company matches any of it (FREE MONEY!), and because it lowers your taxable income now, and it's taken out of your check before you see it, so you don't miss it.  It's still important to save other money that you can have for ready cash (unexpected dead car, for example, or medical bills, or what have you.) I find that I don't want to be managing my investments from minute to minute, or doing my own trades (I'd rather do other things), so I have a mix (Roth, 401k, cash savings) of automated contributions for savings, and I think hard before buying new stuff.  The point is to save, and if possible, try to save at least 10% of your income.


"Unfortunately, not directly.  For IRAs and HSAs, we have an annual maximum contribution limit. What you can do (which doesn't ""initially seed"" it) is to put the money aside in a savings account that you want to contribute to your HSA or IRA and then put it in the IRA or HSA when the timing is right for you.  The key here though is that the contribution cannot exceed the maximum limit for the year. Another ""way around"" this (which really isn't because it just means that you'll have a new higher limit) is to become self employed, see this from the IRS about SEPs: Contribute as much as 25% of your net earnings from self-employment   (not including contributions for yourself), up to $51,000 for 2013   ($52,000 for 2014). Still, none of these methods are pre-seeding an account, as the maximum contribution limit is never exceeded."


"Been here in Japan 12 years mate, and you're right, the investment options here suck. Be very wary of them, they will take all your money in outrageous fees--3% in and 3% out of some ""investment"" options. It's a scam. Send the money back home and manage it there. I recommend setting up a Vanguard account back in the UK, then you can invest in Vanguard index funds. Vanguard charges no commission for buying and selling their funds when you have a Vanguard account. I have nearly all my money there (Vanguard US), and I use the free Personal Capital online software to understand how to best manage the allocations in my portfolio. Of course you'll lose a bit of money on wire transfer fees, but you'll more than make up for it if in the long-term, and they may also be offset by currency rate anyway (right now the yen is strong, so a good time to use it to buy GBP). Also you may never need to send the money back to Japan unless you plan on retiring here."


I actually do know what I'm talking about, no need to be rude.  Believe me I understand tax advantages of each I'm subjected to them every single day at my work. I am of the belief that buybacks are great when used responsibly, however at the recent rate and scope that companies have been using them I think it's overkill and will have a negative future impact on real company growth.


A stock exchange is a marketplace where people can bring their goods [shares] to be traded. There are certain rules. Stock Exchange does not own any shares of the companies that are trading in.  The list of who owns with stock is with the registrar of each company. The electronic shares are held by a Financial Institution [Securities Depository]. So even if the exchange itself goes down, you still hold the same shares as you had before it went down. One would now have to find ways to trade these shares ... possibly via other stock exchange. This leaves the question of inflight transactions, which again would be recorded and available. Think of it similar to eBay. What happens when eBay goes bankrupt? Nothing much, all the seller still have their goods with them. All the buyers who had purchased good before have it when them ... so the question remains on inflight goods where the buyer has paid the seller and not yet received shipments ...


"When I have stock at my brokerage account, the title is in street name - the brokerage's name and the quantity I own is on the books of the brokerage (insured by SIPC, etc).  The brokerage loans ""my"" shares to a short seller and is happy to facilitate trades in both directions for commissions (it's a nice trick to get other parties to hold the inventory while you reap income from the churn); by selecting the account I have I don't get to choose to not loan out the shares."


You could use HBB and other similar funds that exchange distributions for capital gains.  There's HXT and HXS which is Canada and US equity markets.  The swap fee + mer is a little more than some funds except for HXT which is very cheap. There's a risk for long term holders that this may eventually get banned and you're forced to sell with a gain at the wrong time, but this won't matter much if you're planning on selling in a few years.  You have to pay the capital gains tax eventually.  Note, the tax on distributions is really a long term drag on performance and won't make a big difference in the short term.