"I worked for a large well known corporation as a senior programmer, and was in charge of interviewing programmers. This is in NYC. Out of 50 pre-screened candidates we hired 2. Half of the candidates can't answer the simplest questions like ""write a function to reverse a string"", which every first year Comp Science student should be able to do.  And our salaries were good, not $60K.  So yes, even in NYC there's not enough talent."


"Oddly enough, in the USA, there are enough cost and tax savings between buy-and-hold of a static portfolio and buying into a fund that a few brokerages have sprung up around the concept, such as FolioFN, to make it easier for small investors to manage numerous small holdings via fractional shares and no commission window trades. A static buy-and-hold portfolio of stocks can be had for a few dollars per trade.  Buying into a fund involves various annual and one time fees that are quoted as percentages of the investment.  Even 1-2% can be a lot, especially if it is every year.  Typically, a US mutual fund must send out a 1099 tax form to each investor, stating that investors share of the dividends and capital gains for each year. The true impact of this is not obvious until you get a tax bill for gains that you did not enjoy, which can happen when you buy into a fund late in the year that has realized capital gains.  What fund investors sometimes fail to appreciate is that they are taxed both on their own holding period of fund shares and the fund's capital gains distributions determined by the fund's holding period of its investments. For example, if ABC tech fund bought Google stock several years ago for $100/share, and sold it for $500/share in the same year you bought into the ABC fund, then you will receive a ""capital gains distribution"" on your 1099 that will include some dollar amount, which is considered your share of that long-term profit for tax purposes. The amount is not customized for your holding period, capital gains are distributed pro-rata among all current fund shareholders as of the ex-distribution date. Morningstar tracks this as Potential Capital Gains Exposure and so there is a way to check this possibility before investing. Funds who have unsold losers in their portfolio are also affected by these same rules, have been called ""free rides"" because those funds, if they find some winners, will have losers that they can sell simultaneously with the winners to remain tax neutral.  See ""On the Lookout for Tax Traps and Free Riders"", Morningstar, pdf In contrast, buying-and-holding a portfolio does not attract any capital gains taxes until the stocks in the portfolio are sold at a profit.  A fund often is actively managed.  That is, experts will alter the portfolio from time to time or advise the fund to buy or sell particular investments. Note however, that even the experts are required to tell you that ""past performance is no guarantee of future results."""


Cryptocurrency investments. Got lucky and turned 1k into 50k in a month. 25k given to me from family members and 25k saved from working. I have a college degree btw. I just can't use it because i have deeprooted anxiety issues keeping me underemployed. Anyway 100k isn't a lot. I can't even buy a house and can barely even get a downpayment where i live and i wouldn't come close to being able to pay my mortgage.


I don't think things will get better, anytime soon.   Globalization. Automation. None of those are under control of any President anymore. The game is rigged by Big Finance, Big Pharma, Big Agriculture, the military-industrial complex, Big Oil, fucking *Comcast*...our economy is just not healthy.   A grid-lock of regulations and established monopolies. How can any single man impact any of that? The Big Wheels will keep on turning, good jobs will become fewer and fewer, benefits will dwindle. Even the best-intentioned President can't tackle any of that, anymore.   I think there's an extremely *slim* chance we won't become a South-American style country, with 2-5% owning everything and a brutal police force keeping the poor at bay.   You can see glimpses of that possible future today. Ferguson will be an every day occurrence, and it won't be just black people anymore.    Oh well, it was a nice experiment for the 200 or so years while it lasted.


"lmao do you really think showing up ""on time and sober"" is something that you need to learn? Showing up to work fucked up and late is literally degenrate-tier behavior. Most of the people I know who took fast food jobs out of desperation are still working there. Shit, my brother's been working at goodwill for years now."


HFT allows those with access to leverage sub-second propagation delays in pricing, which screws those without access to HFT systems. And since market-based capital gains are a ponzi scheme, this means that HFT essentially creates a money funnel from those without to those with.   I honestly don't see how HFT benefits the market at all - it only benefits those with HFT systems to the detriment of those without. A transaction tax that makes HFT untenable simply removes HFT systems from the equation. The markets stay liquid; stocks stay fungible.   The markets ran just fine for almost a century without HFT.


Where does shitty work come in? This road obviously goes both ways, respecting your employees does not equate to allowing them to get away with whatever they want. I think you may be confused about the content of my posts


The Paragraph talks about dividends given by Mutual Funds. Say a fund has NAV of $ 10, as the value of the underlying security grows, the value of the fund would also grow, lets say it becomes $ 12 in 2 months. Now if the Mutual Fund decides to pay out a dividend of $ 1 to all unit holder, then post the distribution of dividend, the value of the Fund would become to $ 11. Thus if you are say investing on 1-April and know that dividends of $1 would be paid on 5-April [the divided distribution date is published typically weeks in advance], if you are hoping to make $1 in 5 days, that is not going to happen. On 6-April you would get $1, but the value of the fund would now be $11 from the earlier $12. This may not be wise as in some countries you would ending up paying tax on $1. Even in shares, the concept is similar, however the price may get corrected immediately and one may not actually see it going down by $1 due to market dynamics.


"Most markets around the world have been downtrending for the last 6 to 10 months. The definition of a downtrend is lower lows and lower highs, and until you get a higher low and confirmation with a higher high the downtrend will continue. If you look at the weekly charts of most indexes you can determine the longer term trend. If you are more concerned with the medium term trend then you could look at the daily charts. So if your objective is to try and buy individual stocks and try to make some medium to short term profits from them I would start by first looking at the daily charts of the index your stock belongs to. Only buy when the intermediate trend of the market is moving up (higher highs and higher lows).  You can do some brief analysis on the stocks your interested in buying, and two things I would add to the short list in your question would be to check if earnings are increasing year after year. The second thing to look at would be to check if the earnings yield is greater than the dividend yield, that way you know that dividends are being paid out from current earnings and not from previous earning or from borrowings. You could then check the daily charts of these individual stocks and make sure they are uptrending also. Buy uptrending stocks in an uptrending market. Before you buy anything write up a trading plan and develop your trading rules. For example if price breaks through the resistance line of a previous high you will buy at the open of the next day. Have your money management and risk management rules in place and stick to your plan. You can also do some backtesting or paper trading to check the validity of your strategy. A good book to read on money and risk management is - ""Trade your way to Financial Freedom"" by Van Tharp. Your aim should not be to get a winner on every trade but to let your winners run and keep your losses small."


Does your apartment have several bedrooms that are all different in size? If yes, then everyone can pay by square footage. However, if you share the room with your girlfriend, it won’t work. Even if your live in a master bedroom with her, you friend will probably pay more than your girlfriend.  I heard there are websites that let each roommate bid the max they’re willing to pay for each room in the apartment. You can try one of these service. Or you can simply divide the rent between three of you, but utilities will be covered only by you.


Tesla is going to zero and will be bankrupt in 3-4 years.  This is just one more of their big media pronouncements to suck in investors.  Yes I know I will be downvoted for this.  Think about it:  what kind of company seeks 22 year old cult fans?  The answer:  one that loses money hand over fist with no prospect of that changing.


every list I see is jam packed with women as candidates.  it's hard to believe that of all the potential proven (know how to make money) executives in America (or maybe worldwide) that 2 out of 3 BEST picks are women


It may become difficult to rent a car or a hotel room. It may affect your ability to get a job. Some employers now check credit reports and disqualify candidates with a poor credit report. It may affect your ability to get a security clearance or professional bonding. It may affect your ability to find housing. Many landlords check credit reports. You may be harassed morning, noon, and night by collection agencies. This can be theoretically solved by declaring bankruptcy, but the bankruptcy court may force the sale of some of your assets to make payments towards your debt.


First of all debt is a technology that allows borrower to bring forward their spending; it's a financial time machine. From borrowers point of view debt is good when it increases overall economic utility.  A young person wants to bring up a family but cannot afford the house. Had they waited for 30 years they would have reached the level of income and savings to buy the house for cash. By the time it might be too late to raise a family, sure they'd enjoy the house for the last 20 years of their life. But they would loose 30 years of utility - they could have enjoyed the house for 50 years! So, for a reasonable fee, they can bring the spending forward.  Another young person might want to enjoy a life of luxury, using the magical debt time machine and bringing forward their future earnings. They might spend 10 years worth of future earnings on entertainment within a year and have a blast. Due to the law of diminishing marginal utility - all that utility is pretty much wasted, but they'll still will need to make sacrifices in the future. The trick is to roughly match the period of debt repayment to the economic life of the purchase. Buying a house means paying over 30 years for an asset that has an economic life of 80 years+, given that the interest fee is reasonable and the house won't loose it's value overnight that's a good debt. Buying a used car with a remaining life of 5 years and financing its with a seven years loan - is not a good idea. Buying a luxurious holiday that lasts a fortnight with 2 years of repayments, i.e. financing non-essential short term need with medium term debt is insane. The other question is could the required utility be achieved through a substitute at a lower cost without having to bring the spending forward or paying the associated fee.


The CFA is not a gatekeeper to any given job, but can be a requirement after you get a certain job (equity research, asset management).  There are even some that actively think it is a waste of time (investment banking).  Networking and prepping for interviews is what ultimately get you what you are seeking; don't rely on the credential to do so.  Source:  private equity 6 mo., BB IB for 3 years, equity research 6 mo.


Extremewraps.shop is among the top notch car window tinting service near your area in Washington. Our team of professionals are expert in window tinting of nay vehicle and we also run a school to teach art of tinting. Book appointment today!


"You can deduct what you pay for your own and your family's health insurance regardless of whether it is subsidized by your employer or not, as well  as all other medical and dental expenses for your family, as an itemized deduction on Schedule A of Form 1040, but only to the extent that the  total exceeds 7.5% of your Adjusted Gross Income (AGI) (10% on tax returns for year 2013 onwards). As pointed out in KeithB's comment, you cannot deduct any health insurance premium (or other medical expense) that was paid for out of pre-tax dollars, nor indeed can you deduct any medical expense to the extent that  it was paid for by the insurance company directly to hospital or doctor (or reimbursed to you) for a covered expense; e.g. if the insurance company reimbursed you $72 for a claim for a doctor's visit for which you paid $100 to the doctor, only $28 goes on Schedule A to be added to the amount that you will be comparing to the 7.5% of AGI threshold, and the $72 is not income to you that needs to be reported on Form 1040. Depending on other items on Schedule A, your total itemized deductions might not exceed the standard deduction, in which case you will likely choose to use the standard deduction. In this case, you ""lose"" the deduction for medical expenses as well as all other expenses deductible on Schedule A. Summary of some of the discussions in the comments   Health care insurance premiums cannot be paid for   from HSA accounts (IRS Pub 969, page 8, column 2, near   the bottom) though there are some exceptions.  Nor   can health care insurance premiums be paid from an   FSA account (IRS Pub 969, page 17, column 1, near the top). If you have a business on the side and file a Schedule C as a self-employed person, you can buy medical insurance for that business's employees (and their families too, if you like) as an employment benefit, and pay for it out of the income of the Schedule C business, (thus saving on taxes). But be aware that if you have employees other than yourself in the side business, they would need to be covered by the same policy too.  You can even decide to pay all medical expenses of your employees and their families too (no 7.5% limitation there!) as an employment benefit but again, you cannot discriminate against other employees (if any) of the Schedule C business in this matter.  Of course, all this money that reduced your Schedule C income does not go on Schedule A at all. If your employer permits your family to be covered under its health insurance plan (for a cost, of course), check whether you are allowed to pay for the insurance with pre-tax dollars.  The private (non-Schedule C) insurance would, of course, be paid for with post-tax dollars.  I would doubt that  you would be able to save enough money on taxes to make up the difference between $1330/month and $600/month, but it might also be that the private insurance policy covers a lot less than your employer's policy does.  As a rule of thumb, group insurance through an employer can be expected to offer better coverage than privately purchased insurance. Whether the added coverage is worth the additional cost is a  different matter.  But while considering this matter, keep in mind that privately purchased insurance is not  always guaranteed to be renewable, and a company might decline to renew a policy if there were a large number of claims. A replacement policy might not cover pre-existing conditions for some time (six months? a year?) or maybe even permanently.  So, do consider these aspects as well.  Of course, an employer can also change health insurance plans or drop them entirely as an employment benefit (or you might quit and go work for a different company), but as long as the employer's health plan is in existence, you (and continuing members of your family) cannot be discriminated against and denied coverage under the employer's plan."


Here is a list of threads in other subreddits about the same content:   * [IMF:Debt Sustainability Analyses for Low-Income Countries: An Assessment of Projection Performance(PDF)](https://www.reddit.com/r/Economics/comments/79qemw/imfdebt_sustainability_analyses_for_lowincome/) on /r/Economics with 7 karma (created at 2017-10-31 04:16:16 by /u/mberre)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!


>Until there is a significant price pressure, it’s always going to be cost prohibitive to build high in earthquake prone zones. Those mitigation measures don’t come cheap at all.  It doesn't matter what the economics are if it's literally illegal.  >As for the skyline, eh, that’s subjective. If the local culture values a “small town” or even bucolic feel, keeping buildings below tree lines isn’t regressive at all.  Sure... But blaming the problem on immigration when 75% of the city is zoned for <3 story structures is ignorant.


Basically the balance you see in your account is the amount of money you currently have a right to (based on the fact that you have deposited it with the bank) you can of course take this money out pretty well whenever you like or move it however you like. However your bank account is not physical money, the currency you deposite is warehoused and used as the bank sees fit, your account is simply a statement keeping track of how much money the bank is holding for you.   The banks ability to use deposited funds to make money relies on the fundamental assumption that not everyone is going to withdraw all of there deposited funds at once. All banks will have legislated liquidity requirements (how much money needs to be kept in cash or near cash securities (short term interest bearing paper basically) in order to allow for pretty much any reasonable number of people to withdraw any amount of money.Additionally the bank as you said makes money on its loans, securities trading and investment banking activities, that money belongs to the bank and gives them even more money to play around with.  Obviously there have historically been instances in which bank runs occur (everyone tries to withdraw all there money at once, bank dosent acctually have enough liquid assets to pay) or cases in which a bank experiences solvency issues for other reasons (having to pay out poorly thought out speculative securities transactions RE north american housing crash in 2008) in these cases there are consumer protection agencies that insure financial institutions against insolvency (varies by country) But under most normal circumstances the bank uses some portion of deposited funds to make money and has systems in place to ensure an individual person can access there deposited funds as needed.   TLDR: account statement just shows how much money you have given the bank and can thus claim back from them (in the form of withdraw) bank has legally dictated cash reserve percentage to allow for everyone to withdraw money when they need it under most normal circumstances.


Warren Buffet and Berkshire Hathaway took a 50% loss in each of the last two bear markets. His stock even lost 10% in 2015 when the S&P lost 8%. He doesn't have a track record to support the claim that his stock performs relatively better in a bear market, so perhaps it's best to take his letter with a grain of salt. Edit: As one commenter points out, Mr. Buffett is comparing the book performance of his fund to the market performance of an index. That is an apples to oranges comparison. It's deceptive at best.


"This is an easy question - The US government has demonstrated, repeatedly, that it **will** bail out the ""established"" auto industry.   Tesla is very very cool, and may well bury the rest of the auto industry eventually, but they're not viewed as ""too big to fail"".   Thus, Ford's bonds, even if *practically* ""junk"", are essentially backed by US Treasury; that's a pretty good deal, if you're looking for ultra low risk."


"I'm all for thrift stores and yard sales. When they're littler they're more into comfort, perhaps insisting on certain colors, but somewhere around 13 they start to become more fashion conscious. If you want name brand clothes for kids, hit yard sales or consignment stores in better neighborhoods. Other places are Ross's or Marshall's. Both carry name brands. It's just you never know what they'll have. Another stategy is to buy fewer clothes. If you do laundry twice a week, you just don't need as much. Aim for mix and match. Also have play clothes for rough and tumble wear and ""good"" clothes for school and church. All these help keep costs down. My sister and I maintained an informal exchange between the cousins. This helped a good deal. A church in our neighborhood has a yearly clothing giveaway. That kind of thing may be an option for you as well. Or you could request needed items on Yahoo's freecycle. I see alot of clothes being given or requested on that site. I had one son who ripped out knees. Double kneed pants were a great investment. It looked like a rather large patch of fusible interfacing attached to the inside knee area. So it might work if you tried that on exisitng pants. Hope these help."


Sure. Download the hash list:   https://rapidshare.com/files/3253529642/combo_not.zip  Unzip and stick in your favourite text editor. Then go here:   http://hash.online-convert.com/sha1-generator    Stick your pw in that first box. Hit 'Calculate hash'. Take the first plain hex string in the green box and search for it in the hash list in your text editor.


Stocks go down and go back up, that's their nature... Why would you sell on a low point? Stocks are a long term investment. If the company is still healthy, it's very likely you'll be able to sell them with a profit if you wait long enough.


Driving schools in Toronto vary widely in cost together with quality. When considering which school to select ask specific questions and do your research. Select a school which you understand has instructors using a proven reputation as well as the student’s best interests at heart.


"You have no recourse on the spot to do anything to the vendor other than pay the fee, pay cash, or walk away.  If you're on a mission with longer-term horizon than immediate satisfaction, your options will vary by state.  If you're in a state where the fees are legal and the owner is (potentially) violating an agreement with the card company, you can report the vendor to the card company.  They may or may not really care.  If you're in a state where the fee is actually illegal, you'd need to see what options you have with the local authorities. You should keep in mind that if the vendor is violating an agreement that's between the vendor and the card company only, you have absolutely no rights to enforce that agreement.  You only have legal rights if you're a party to the agreement in question or if the law gives you some special rights specific to given circumstances. (The lawyers call this having ""standing."")  Likewise if the vendor is doing something that's not consistent with the agreement between you and the card company, you also have no claim against the vendor (because the vendor is not party to your agreement with the card company), although you might have a claim against the card company."


Even assuming you were reading the balance sheet correctly it means nothing. What banks mostly care about is cash flow.  Do they have enough extra money to make the payments on whatever they borrow? I have never had a credit card company ask me about assets--they don't care.  They care about income with which to pay the credit card bill. Have a solid record of paying your bills and enough income to pay back what you are trying to borrow and you'll have an excellent credit rating no matter what your net worth.  Whether you are one person or a megacorporation makes no difference.


I actually have a problem with these sort of cases because they imply that the issue in the housing bubble was fraud or deception. It wasn't- the problem was overoptimism. Borrowers and lenders jointly indulging in a fantasy that housing prices could never seriously decline in a correlated manner. The longer we pretend it was only the liars who were culpable, and not everyone, the farther we are from being able to prevent this sort of thing.


If you are intent on becoming a quant, I concur with most of the opinions in this thread - you will *need* a graduate degree, because it is a relatively small field, and it is densely populated with people who have graduate degrees specializing more closely in the field than Engineering will ever touch upon.  However - don't give up searching for killer work opportunities, like the kind you are currently getting. If you maintain an excellent GPA, in combination with these work placements, you can easily secure a spot in a top degree program - you are placed in an 'EngSci' comparable program, meaning you will possess a top-notch understanding of math, and have demonstrated experience in business.   If you plan to search for work in Canada after graduation, I would highly recommend getting your graduate degree from University of Toronto - while it is often a poorly regarded undergraduate finance school, when employers are looking for soft-skills (Ivey and Queens slaughter Rotman undergrads for job placements), absolutely no one disputes that University of Toronto students have a top-notch grasp of theory, and it is commonly regarded (from what I have heard, at least) as one of the toughest schools.  At U of T, there are two degrees that might fit for your field - the [mmf](http://www.mmf.utoronto.ca/), and [MFE](http://www.economics.utoronto.ca/index.php/index/mfe). It would probably be prudent to call around, or tap people in the industry in NYC or Toronto to let you know which is preferable, or a best fit (I sense the mmf, but my opinion is next to worthless here).   If you are interested in working in NYC, and have the money for a graduate degree in the States without putting yourself under a mountain of debt, get educated there - your program directors will know the Street better than those in Toronto, most likely. black_cows gave excellent advice, though I would add one thing - know that doing this work in Canada and the US are *very* different propositions, especially for the sell side. You probably know this, but look no further than places like WSO, or colleagues at internships, for horror stories related to hours, conditions, perks, pay, etc at American banks these days. (I have friends that have worked 55 hours *straight* in their offices. If you consider that a point of pride.. go crazy! Otherwise.. be wary.)


Dollar cost averaging is beneficial if you don't have the money to make large investments but are able to add to your holding over time. If you can buy the same monetary amount at regular intervals over time, your average cost per share will be lower than the stock's average value over that time. This won't necessarily get you the best price, but it will get you, on the whole, a good price and will enable you to increase your holdings over time. If you're doing frequent trading on a highly volatile stock, you don't want to use this method. A better strategy is to buy the dips: Know the range, and place limit orders toward the bottom of the range. Then place limit orders to sell toward the high end of the range. If you do it right, you might be able to build up enough money to buy and sell increasing numbers of shares over time. But like any frequent trader, you'll have to deal with transaction fees; you'll need to be sure the fees don't eat all your profit.


"What does it mean in terms of share price? Should the share price increase by 15 cents?  No, but you're on the right track. In theory, the price of a share reflects it's ""share"" of time discounted future earnings. To put it concretely, imagine a company consistently earning 15 cents a share every year and paying it all out as dividends. If you only paid 25 cents for it, you could earn five cents a share by just holding it for two years. If you imagine that stocks are priced assuming a holding period of 20 years or so, so we'd expect the stock to cost less than 3 dollars.  More accurately, the share price reflects expected future earnings. If everyone is assuming this company is growing earnings every quarter, an announcement will only confirm information people have already been trading based on. So if this 15 cents announcement is a surprise, then we'd expect the stock price to rise as a function of both the ""surprise"" in earnings, and how long we expect them to stay at this new profitability level before competition claws their earnings away. Concretely, if 5 cents a share of that announcement were ""earnings surprise,"" you'd expect it to rise somewhere around a dollar."


No, in your situation it is not possible. Mostly, only three types of accounts are available to individuals: So, a complete foreigner can open account in India, only if he is working in India, a type of Savings account, and that account too will be linked to his resident status. If he leaves work, he needs to close this account. Edit: There are business accounts, and current accounts, but those are available only to businesses. Further read at SBI gives a good snapshot


This would be no different than asking if you can live in one state and earn a paycheck, then move to another state with a lower tax rate before your tax bill is due so you can save on your taxes for that income. Answer -- No The tax on lottery winnings is based on the state where the lottery was held, because for legal purposes that's where the winnings are considered to have been earned for taxation purposes. Also, changing where you live after earning money does not change your tax liability at all.  You still owe the state where the money was earned the tax that is due. I hope this helps. Good luck!


I love that the Spanish named like half of the locations in Argentina to something in some way silver related.  And there was nothing of the sort there. Nothing.  Yet they were *certain* they would find that silver. Always made me wonder...did the indigenous peoples wear a lot of silver traded from Brazil or something?


I like your enthusiasm and initiative. However, there are a few things you need to consider that you haven't yet thought about. First, it is important to remember that trading with fake money is not the same as trading with real money.  In the fake world, you have $100k.  With this fake money, you can do reckless things with it, such as put it all on one stock.  If you lose, it costs you nothing, so you don't have an emotional attachment to it.  With real money, it will feel different, and that is something you haven't experienced yet. Second, you mentioned that you are good at making picks.  With all due respect, I suggest that you aren't old enough to make that determination.  You haven't been trading for long enough to determine if you are doing well at it.  :)  That having been said, I don't want to completely discourage you from trying something new. Third, you mentioned long-term investing, but you also said that you need to make your money back quick and mentioned trading daily.  Those things aren't really compatible.  I wouldn't consider what you are doing as long-term investing.  With the type of investing you are doing, picking individual stocks and hoping for the value to go up in a relatively short time-frame, it is similar to gambling.  The risk of losing is very much there, and you shouldn't be investing money this way that you aren't prepared to lose.  If you need the money for something soon, don't put it in the stock market. Never forget this.  What can happen is that you start with small amounts of money, do well, and then, thinking that you are good at this, put in larger amounts of money.  You will eventually lose.  If you put in money that you need for something else, you have a problem. If you are trying this out for education and entertainment purposes, that is great.  But when it starts to get serious, make sure that you are aware of the risks.  Educate yourself and be smart. Here is what I would suggest: If you want to try this short-term day-trading type investing, and you understand that the money can easily be lost, I would balance that with investing in a more traditional way: Set aside an amount each month to put in a low-expense index mutual fund.  Doing this will have several benefits for you:  As for your specific questions about stock trading with small amounts: Yes, you can trade with small amounts; however, every time you trade, you will be paying a commission.  Even with a discount broker, if you are trading frequently, the commissions you will be paying will be very significant at the dollar amounts you are talking about.  The only way I can see around this would be to try the Robinhood app, which allows you to trade without paying sales commission.  I have no experience with that app.


Not only do you not understand tech, you apparently don't understand science either. You made the original claim. Not me. What I said is that you're wrong. I CAN provide proof of that, since I happen to do this particular flavor of tech stuff for a living and have reference docs sitting all around me as I write this, but first I'm really interested in seeing what on earth you believe to be true that led you to make your original statement.   It's okay though, we both know you can't offer any explanation on that. The objectively verifiable reason is that you're wrong.   > you can plainly see whenever you open the uber app that it has your location. You think that just happens magically?  So do you have anything to back up what you were getting at in this claim or are you still unsure of how conversation works?


Yeah, now I feel bad for my snarky response. I could have been more constructive and helpful. It's tough trying to figure all this out, especially if its all new. I appreciate your willingness to edit your post and your attitude. I'd say if you're looking for more personal and detailed responses, there are great Day-in-the-Life articles and interviews/forums that will be more helpful than this Finance reddit. Keep up the good work and good luck.


> I think if you do a new passport application, or you need to include new photos you can't do the whole thing online and need to do some verification steps (but you can do those at post offices IIRC..).  Your solution to mailing in documents and a check is for me to go to the post office?  I'm trying to save time, not simply figure out how to eliminate checks from my life.


You're ignoring inflation. Even if we assume the ECB sticks to its 2% inflation  target, and your salary only rises in line with inflation, you will be saving considerably more in forty years' time than you are today. In fact, an interest rate of 2% and an inflation rate of 2% make the sums exceptionally easy. You need to save €25,000 per year in 2057 euros to be a millionaire by 2057, which is €11,322 in 2017 euros. Challenging, but achievable. Of course, you'll only be a millionaire in 2057 euros, which will be worth less than half as much as a euro is worth right now.


what do you mean by abnormal amount of risk on day to day operations? and upfront ill more than likely need quite a bit of capital. as far as partnership I'd be the sole owner for now. unless I find a better option along the way. also thank you for all your help.


Thank you, finally somebody else who is able to explain this basic premise.   It's odd how many people operate on the assumption that businesses operate on a margin so thin that every $1 of increased cost must be added to the product price. It just bears no resemblance to reality...


For listed options in NYSE,CBOE, is it possible for an option holder to exercise an option even if it is not in the money?  Abandonment of in-the-money options or the exercise of out-of-the-money options are referred as contrarian instructions. They are sometimes forbidden, e.g. see CME - Weekly & End-of-Month (EOM) Options on Standard & E-mini S&P 500 Futures  (mirror): In addition to offering European-style alternatives (which by definition can only be exercised on expiration day), both the weekly and EOM options prohibit contrarian instructions (the abandonment of in-the-money options, or the exercise of out-of-the-money options). Thus, at expiration, all in-the-money options are automatically exercised, whereas all options not in-the-money are automatically abandoned.


I hope you rated him a one star. A one star is grounds for an immediate review. It's how you weed out those who certainly aren't cut out of this gig. I guarantee if that wasn't the only time that Lyft driver did what he did, he's probably gone by now.


I think the $500mm number was bullshit. A common trick is that a private company will raise $50mm for 10% of the company, and say they're worth $500mm. But then it turns out that the new investors get preferences- like they're guaranteed to be paid back first if the company goes bankrupt, or they're guaranteed to get back the first $100mm of an IPO. Since the company really sold 10% of itself *plus other stuff*, they are worth less than $500mm.   Therefore, I find Ellen Pao's claim that Reddit was worth $250mm in 2015 credible. It is also why I'm suspicious about the $1.7b number today.


Everyone and their grandmother has been expecting QE to taper since May 2013. If the drop is caused by that, then it shouldn't be too serious.  Also, can people stop comparing stuff to 2009? 2009 was a unique once-in-a-lifetime circumstance, and not indicative of actual market values.


"There are at least a couple problems:   Your friend may not manage money well and so may not have enough money in the account.  Check bounces.  They get charged a fee.  You get charged a fee.  You have to chase after the friend to get the fee paid.  The friend was cheap about the regular fees and doesn't want to pay this much higher fee.   Your ""friend"" may really be a crook.  The check is no good.  Perhaps it's written under a false identity such that you are attempting to cash a stolen/forged check.  You cash it.  They take the money and disappear.  You get charged with participating in the crime, go to jail, and now have a criminal record (worst case).   My quick thought is that if you don't know the person well enough to know the home address, you don't know the person well enough to cash checks.   In general, I would view this the same as a loan.  When loaning to a friend, you should never loan more than you are willing to lose.  Note that an actual loan would be safer.  If you loan $50 to a friend, at worst you're out $50.  If you deposit a fraudulent check, you did something illegal.  You will have to be convincing when you tell your story to the police.  If they don't believe you, they could charge you.  A couple bad breaks and you could go to jail."


If you want to see one split, well, a reverse split anyway, keep an eye on TZA, FAZ, BGZ, and any Direxion fund.  These funds decay continuously forever.  Once they get close to $10-$15 or so, they reverse-split them back to the $30-$50 range and the process starts over.  This happens about once a year. A few years ago I sent Direxion an email asking what happens when they run out of shares to reverse split and the reply was that's its an open fund where shares can be created or redeemed at will.  That still didn't answer the question of what happens when they run out of shares.  If they create new shares, the price will drop below the $10 level where many fund managers aren't allowed to buy.


Credit cards are meant to be used so generally it doesn't hurt your credit score to use them.  To top it off you even get an interest grace period so you don't have to rush home and pay balances as soon as they're charged.   In general you accrue charges during your statement period, we'll call it September 1 through September 30.  The statement due date is something like 20 days after the close of the statement period, so we'll call it October 20.  As long as you habitually pay your entire statement balance by the due date you will never pay interest.  You charge your laptop on September 3, it shows up on your statement as $1,300, you pay $1,300 on October 18, you pay no interest. However, if you pay $1,000 on October 18 leaving a $300 balance to be carried in to the next statement period (a carried balance) you will pay interest.  Generally interest is calculated based on your average daily balance during the statement period, which is now be the October 1 to October 31 period.  You'll notice that you didn't pay anything until the October 18, that means the entire $1,300 will be included in your average daily balance up to the 18th of the month.  Add to that, anything else you charge on the card now will be included in your average daily balance for interest charge calculation purposes. The moral of the story is, use your card, and pay your entire statement balance before the due date.   Now how much will this impact your credit score?  It's tough to say.  Utilization is not a bad thing until it's a big number.  I've read that 70% utilization and over is really the point at which lenders will raise an eyebrow and under 30% is considered excellent. If you have one card and $1,300 is a significant portion of your available limit, then yes you should probably pay it down quickly.  Spend six or so months using the card and paying it, then call your bank and ask for a credit line increase.


"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-global-forex-idUSKBN19R02B?il=0) reduced by 77%. (I'm a bot) ***** > NEW YORK The dollar fell on Thursday after a round of weaker-than-expected U.S. employment data, affirming a gradual pace of interest rate hikes by the Federal Reserve as the labor market cools.  > Ahead of Friday&#039;s U.S. non-farm payrolls data, the ADP National Employment Report showed private-sector payrolls increased by 158,000 jobs last month, less than the 230,000 positions created in May and below economists&#039; expectations for a gain of 185,000.  > The employment index fell to 55.8, compared with 57.8 in May, suggesting a cooling labor market.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6lodrz/the_dollar_fell_on_thursday_after_a_round_of/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~160900 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*: **U.S.**^#1 **Fed**^#2 **employment**^#3 **minutes**^#4 **dollar**^#5"


First, a margin account is required to trade options.  If you buy a put, you have the right to deliver 100 shares at a fixed price, 50 can be yours, 50, you'll buy at the market. If you sell a put, you are obligated to buy the shares if put to you. All options are for 100 shares, I am unaware of any partial contract for fewer shares.  Not sure what you mean by leveraging the position, can you spell it out more clearly?


$100,000 is a fuckton of income unless you're convinced that you have to live in a $600,000 house, drive a $40,000 SUV, use a $600 smartphone with a $150/month data plan, and drink $4 cups of coffee every day just to get by.


But these weather risks you mention are very local, and typically not very linear.  A 35 degree day in May is no big deal, but a 30 degree day could ruin your fruit harvest for the year.  And farmers and ski resorts may actually be able to buy real insurance products that would apply to their actual situation, rather than something price indexed to the temperature in Chicago that day.


"> However, we are part of a group working with the German Banking Association on getting this law updated to bring it into the line with other jurisdictions around the world""  Eli5 on how this would be done and how can it line with others around the world? I guess each would be hard to ""pair up"" to others if they have big differences on how they work."


Nearly every state in the US is full-recourse. If one doesn't seek bankruptcy protection, creditors can seek judgement, and collect assets. Foreclosures frequently sell for approximately half the market price. Considering unemployment risk, homes can be risky.  A far better way to accumulate wealth is with equities (stocks).  However, the risk converts from insolvency to liquidation since during times of high unemployment, equities are also cheap, causing any liquidation used to fund current expenses to be potentially ruinous.


Who would lose their jobs?  Sure some jobs that can only exist at $7 an hour would disappear, but when the lower and middle class hav emore disposable income, consumer spending would go up, creating jobs in other areas.    Basically you would take money from the rich to put it in the hands of people who spend the money, stimulating the economy.  This increases the prosperity of the nation.


No. Securities brokers/dealers in the United States are licensed to broker debt and equity in corporations. (There are additional, commodities licenses to broker derivatives.) $20 American Eagle coins, or any other type of physical currency or physical precious metals can be traded or brokered by anyone without a specific license (except maybe a sales tax registration). The only situation where a securities license would be required is if a legal entity is holding the coins and you deal/broker an interest in that legal entity. For example, dealing in SPDR Gold Shares or a similar structure holding either physical assets or the right to purchase those assets (like a commodity pool) would require a securities and/or commodities dealing license.


Background: Graduated Highschool last June and am currently working a construction job making $19.50/hr working 45-50 hr weeks. I'm working the full year to save up money for university. Currently paying off $10000 loan for my car.  Question: So I roughly need $40000 for school and figure I'll still be short of that amount saved even if i work the full year. Do you guys think it's smart for me to take a 2nd gap year and make another $35000-$40000 that would not only finish paying off my school but would also sit in a blue chip stock account making me some income while attending school. Should I take the 2nd gap year or enroll in university next September? Thanks!


You are correct. The 65 is actually a longer test. The 66 requires you have the 7 first so you don't have strategy or product analysis questions. I have heard some say the 65 is harder because you are registering with the state as an investment advisor so don't need the 7. Regardless the biggest thing is know Uniform Securities Act inside and out.


"I went through the process so I'll add my experience for posterity. On the morning of the day I was ready to pay, I went to my mortgage company's web site and got an instant payoff statement dated for the same day. This had the final payoff amount as well as addresses to send checks and information about wiring. I printed this statement out and took it to my bank the same day and told them that I wanted to wire money. They referred to the printout and sent the money to the mortgage company. The next day, the mortgage company web site indicated that the loan was paid in full. Although sending a check (and the payoff statement indicated that cashier's checks were ""preferred""), wiring the money was an easy process and helped me to overcome my concerns about  situations that  might arise if mail had been used (i.e. I did not want to deal with the complexity of day-late/day-early fees/credits, and I did not want to worry about the complexity of potentially losing a cashier's check in the mail)."


Moving Companies Los Angeles offer several types of moving solutions. Often the thought of moving from one place to another place becomes a night mare to several people, because it needs careful planning and implementation. Even a small mistake can upset the entire plan of moving without any hassles.


Nothing for nothing, everyone is given the opportunity to roll their tax refund into an IRA at tax time. Given the EIC such there is little reason most low income families with children couldn't max out for a few years early on in a target retirement fund. But buying stuff is a much more popular option i guess. I do not know why learning math of money is not given more focus in school rather than other trivial things...


"Do social workers need Master's degrees? It may not all be from undergrad.  Alternately, if she had her loans in forbearance while job searching or something, interest would capitalize when she took them out of forbearance. She could also have been on a plan that had lower monthly payments earlier and scales up to higher ones and now she's in a higher part.  That said, did you not come from the generation of ""get a degree at all costs, it doesn't matter in what, companies won't hire you without a degree?""  Yeah, it's on the borrowers to repay and they could have chosen not to listen to that, but I think it's also somewhat irresponsible of us to expect 18 year olds (many of whom have never really handled their finances) to make smart choices about loans. Which is why every teacher, parent, guidance counselor, etc. isn't exactly innocent in this whole mess."


I don't understand gamer mentality.  On a related note, they like to make fun of fat midwest housewives playing Farmville or clicking internet ads to win shit, but as young males they do the same shit. Paying to get new levels faster on a free game? You've been duped! Haha.


Yes and very very few people get accepted to those prop shops. I work at one of the ones you listed and this year we didn't even bother looking at applicants with under 3 years of trading.    And even with bonus, this year many people are not hitting 100k for first years. Before it was true, but not that much anymore.


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I would just rely on the salary from my job in the US. If you don't have a job in the US, you're very unlikely to get a visa to move there and look for work, and so the question of how to take money there (except for a holiday) doesn't arise. (Unless you have dual Portuguese/American citizenship.)


You can only contribute up to 5% of your salary? Odd. Usually 401(k) contributions are limited to some dollar amount in the vicinity of $15,000 or so a year. Normal retirement guidelines suggest that putting away 10-15% of your salary is enough that you probably won't need to worry much when you retire. 5% isn't likely to be enough, employer match or no. I'd try to contribute 10-15% of my salary. I think you're reading the rules wrong. I'm almost certain. It's definitely worth checking. If you're not, you should seriously consider supplementing this saving with a Roth IRA or just an after-tax account.  So. If you're with Fidelity and don't know what to do, look for a target date fund with a date near your retirement (e.g. Target Retirement 2040) and put 100% in there until you have a better idea of what going on. All Fidelity funds have pretty miserable expense ratios, even their token S&P500 index fund from another provider, so you might as let them do some leg work and pick your asset allocation for you. Alternatively, look for the Fidelity retirement planner tools on their website to suggest an asset allocation. As a (very rough) rule of thumb, as you're saving for retirement you'll want to have N% of your portfolio in bonds and the rest in stocks, where N is your age in years. Your stocks should probably be split about 70% US and 30% rest-of-world, give or take, and your US stocks should be split about 64% large-cap, 28% mid-cap and 8% small-cap (that's basically how the US stock market is split).


they have capital reserves set aside for this. to replenish the reserves they will raise additional capital through debt or equity markets.  the new capital raise will also cover any shortfall on the claims.  cat bonds are used as well but will not cover 100%


>Money is accumulated work, not debt.  I think you're slightly missing the point, but I do think the post does deal with that indirectly. Loddars are a store of value (they store current and future value of work). By promising to pay X loddars I've promised to do X amount of work. Similarly, the number of loddars I have is proportional to the amount of work I have done, or am expected to be able to do.  Which is why  >The economy functions on work, not promises. The farmer may promise a million bushels of apples and the hunter may promise a million deer, but that's just fantasy.  Slightly misses the point. The farmer, the hunter, and the cooper can promise the sky and that's fantasy. But that's not really a criticism because it's not a realistic possibility.   The farmer, hunter, and cooper can also promise feasible things, like 10 sacks of potatoes, 5 deer skins, and 12 barrels to be delivered ten days from today. Because these promises are feasible (barring someone doesn't die) and because they've reliably delivered in the past, we can assume that their promises are good. Their promises are valuable because they are reliable producers.  And if a meteorite falls out of the sky to strike the hunter dead, we can actually measure the impact of his death and price it. If we know the hunter produces ~100 deer skins per year, and he dies suddenly, we could actually have planned ahead for such an eventuality. On the basis of their past performance, we can reliably price the value of their future promises. And if they don't perform, we can price that too.  How would we do that? Maybe each producer pays, as a premium, a part of their output into a central pot that they/their heirs/society can draw from if one of them dies, or under-produces. We can value this pot in loddars, and maybe this pot can even underwrite a few loans of loddars to others.   That being said I'm not sure I understand your bit about Krugman and how it relates?


Sometimes what happens is that a creditor will hand over accounts to a collection agency for action, and after a period of time, it may be reassigned to yet another collection agency if the first one was not successful.  Theoretically, this should not be cause to reset the date of collections on your bureau file, but that very well could have happened here. Another instance when this happens is when someone contacts a creditor about a collection item on their report, either to pay or dispute it.  Either way, this restarts the 7-year clock on that collection item, so if a debt is old enough, sometimes the best course of action is to let it go.  If a debt has been in collections for 4 years, let's say, and you decide to pay it off now, your score isn't going to improve because you paid the collection enough to offset the effect of having it refreshed on your bureau file.  Besides, creditors know how old the debt is, so waiting 4 years to pay it isn't going to win you any favors in their eyes anyway. To your question though, it seems to me the most likely thing is that somehow the debt was refreshed through some action by the creditor or one of the agencies assigned to collect on it. I hope this helps. Good luck!


"The perceived risk depends on the entire situation, but often it is considered more risk, especially if you want to occupy yourself. Things you need to consider: It can be very difficult to show a property with tenants occupying it. There are many reasons for this and most homes show / sell better empty. I have found many tenants make it difficult on the seller. Leaving their areas a mess, being unaccommodating and especially in markets that are flooded with options, a lot of buyers just won't bother with the difficulty of scheduling a showing in occupied properties. I've tried to purchase many properties where the renter insists on being there during a showing, but won't open the door and there's no recourse for the landlord because his lease or laws in the area don't allow you to enter without permission. Also, it can be difficult to look past a lot of clutter and other people's decorating and aroma ""preferences"" to be kind. :) Is the property currently under lease and what is the period of that lease? It could be that the lease is month to month, or it could be years remaining on the lease period. It is likely a legal requirement in most areas that you honor the existing lease. I would never buy a property that has multiple years remaining. While some amateur landlords will allow 2 or even 5 year leases, this is a very bad idea for many reasons! What are laws like in your area for evicting tenants? You should know this regardless of whether or not you intend to occupy or keep it a rental. It can be a very difficult process evicting tenants and this process is vastly different from country to country and state to state here in the USA. Look into the security deposit - assuming there is one. How much is the deposit? Will it cover damage that may not exist yet? Don't think that just because you plan on evicting them soon, it isn't important. People can trash a place on the way out and an expensive lawsuit could be your only recourse. It is far easier to take a deposit than sue. I would absolutely demand that the deposit transfer to you upon sale. View the current renters with a fresh eye. Especially if you are considering leave it a rental, look into all of the typical requirements: Their monthly income, their credit history, their criminal record, their payment history, their references. Are they likely to be good or terrible renters? If you're interested in the property, consider an offer which requires the current landlord to evict within the time-frame of the buy/sell agreement. This isn't an uncommon requirement. I think the first thing to do is go look at the property and see if you can determine for yourself why it hasn't sold yet. Properties all have different reasons for not selling in a reasonable time to the local market. Having renters alone in most markets shouldn't be that big of a factor. I would suspect bad smells, nasty renters, or an unfavorable lease agreement exists."


I wrote about the dynamic of why either of a lower or higher exchange rate would be good for economies in Would dropping the value of its currency be good for an economy? A strong currency allows consumers to   import goods cheaply from the rest of   the world.  A weak currency allows   producers to export goods cheaply to   the rest of the world.  People are   both consumers and producers.    Clearly, there have to be trade-offs. Strong or weak mean relative to Purchasing Power Parity (i.e. you can buy more or less of an equivalent good with the same money). Governments worrying about unemployment will try and push their currencies weaker relative to others, no matter the cost.  There will be an inflationary impact (imported inputs cost more as a currency weakens) but a country running a major surplus (like China) can afford to subsidise these costs.


"You literally just said ""Why control prices when we can change incomes?"". If you want to change the incomes of everyone working, you have to add money somewhere. The monetary system is not a zero sum game. You don't have a fixed amount of money. The disparity of wealth has nothing to do with actual money. It has to do with real hard assets, which you have a finite amount of and ARE zero sum. I'm done with this pretend discussion as it appears you can't have one or stay on the same topic between comments."


Yes, overall, it is a big inconvenience to you. This same issue applies for those that for example, receive Social Security benefits (and perhaps other government cash benefits) on a pre-paid card (rather than direct deposit to a bank account). They allow a few ways to get cash from the card:   You can get cash back (no fee) when you make a retail purchase. You could use the card for relatively small items you would purchase anyway, and get $100 or more back in cash each time. Every store/chain will have it's own limits on how much cash back they will allow per transaction. And, be careful, some stores charge a fee for cash back, but it's not at all common. If even these small purchases are an issue, you can then (presumably later) return the item you purchased without returning the cash-back you received (if the store allows returns/refunds). And, since a transaction with cash back is processed as a debit (rather than a credit), usually if you later return the purchased item, you will be refunded in cash (rather than a credit back to your card/account). Also, for other cards, sometimes you can go to a branch of the bank that issued the card and make a no fee withdraw, sometimes in cash and sometimes by check. This depends on the policy of the issuing bank, and the card account. Finally, most of this assumes that you are given a pin (or the opportunity to create one) with the card, because cash-back and ATM access requires a pin. And there are some banks/cards that don't allow any of this.


Something to consider is that in the case of the company you chose, on the OTC market, that stock is thinly traded and with such low volume, it can be easy for it to fluctuate greatly to have trades occur.  This is why volume can matter for some people when it comes to buying shares. Some OTC stocks may have really low volume and thus may have bigger swings than other stocks that have higher volume.


In theory there is no limit to the value of a cheque that you can write. However, that doesn't mean the bank will honour it even if you have sufficient funds in your account - if it appears out of the ordinary, they may block it on suspicion of fraud or money laundering.


The total number of shares on April 1st is 100 + 180 + 275 = 555.  The price on April 1st is required.  The current price is stated as $2, but $2 * 555 = $1110 and the current fund values is stated as $1500.  Opting to take the current value as $1500, the price on April 1st can be calculated as $1500/555 = $2.7027. The amounts invested as number of shares x share price are: (Note these investment amounts do not match the example scenario's investment amounts, presumably because the example numbers are just made up.) The monthly returns can be calculated: The current values for each investor as invested amount x returns are: Checking the total:


Sources such as Value Line, or S&P stock reports will show you dividend payout ratios (the American usage. These are the inverse of dividend cover ratios, with dividends being in the numerator, and earnings in the denominator. For instance, if the dividend cover ratio is 2, the dividend payout ratio is 1/2= 50%.


Imagine a married couple without a mortgage, but live in a house fully paid for. They pay state income taxes, and property tax, and make charitable deductions  that together total $12,599. That is $1 below the standard deduction for 2015, therefore they don't itemize.  Now they decide to get a mortgage: $100,000 for 30 years at 4%. That first year they pay about $4,000 in interest. Now it makes sense to itemize. That $4,000 in interest plus their other deductions means that if they are in the 25% bracket they cut their tax bill by $1,000. These numbers will decrease each year.  If they have a use for that pile of cash: such as a new roof, or a 100% sure investment that is guaranteed make more money for them then they are losing in interest it makes sense. But spending $4,000 to save $1,000 doesn't. Using the pile of cash to pay off the new mortgage means that the bank is collecting $4,000 a year so you can send $1,000 less to Uncle Sam.


Options are an indication what a particular segment of the market (those who deal a lot in options) think will happen. (and just because people think that, doesn't mean it will)  Bearing in mind however that people writing covered-calls may due so simply as part of a strategy to mitigate downside risk at the expense of limiting upside potential.  The presence of more people offering up options is to a degree an indication they are thinking the price will fall or hold steady, since that is in effect the 'bet' they are making.  OTOH the people buying those options are making the opposite bet.. so who is to say which will be right.  The balance between the two and how it affects the price of the options could be taken as an indication of market sentiment (within the options market) as to the future direction the stock is likely to take. (I just noticed that Blackjack posted the forumula that can be used to model all of this)  To address the last part of your question 'does that mean it will go lower' I would say this.  The degree to which any of this puts actual pressure on the stock of the underlying instrument is highly debatable, since many (likely most) people trading in a stock never look at what the options for that stock are doing, but base their decision on other factors such as price history, momentum, fundamentals and recent news about the company.  To presume that actions in the options market would put pressure on a stock price, you would need to believe that a signficant fraction of the buyers and sellers were paying attention to the options market.  Which might be the case for some Quants, but likely not for a lot of other buyers.   And it could be argued even then that both groups, those trading options, and those trading stocks, are both looking at the same information to make their predictions of the likely future for the stock, and thus even if there is a correlation between what the stock price does in relation to options, there is no real causality that can be established.  We would in fact predict that given access to the same information, both groups would by and large be taking similar parallel actions due to coming to similar conclusions regarding the future price of the stock.  What is far MORE likely to pressure the price would be just the shear number of buyers or sellers, and also (especially since repeal of the uptick rule) someone who is trying to actively drive down the price via a lot of shorting at progressively lower prices.  (something that is alleged to have been carried out by some hedge fund managers in the course of 'bear raids' on particular companies)


You can give YQL a try. I'm not sure it can do the query you want, but for example you can do: (try it here) And this best thing about it - it's free.


Actually, total return is the most important which isn't necessarily just price change as this doesn't account for dividends that may be re-invested.  Thus, the price change isn't necessarily that useful in terms of knowing what you end up with as an ending balance for an investment. Secondly, the price change itself may be deceptively large as if the stock initial price was low, e.g. a few dollars or less adjusting for stock splits as most big companies will split the stock once the price is high enough, then the percentages can be quite large years later. Something else to consider is the percentage change would be based on what as the initial base.  The price at the start of the chart or something else?  Carefully consider what you want the initial starting point to be in determining price shifts here as one could take either end and claim a rationale for using it. Most people want to look at the price to get an idea of what would X shares cost to purchase rather than look at the percentage change from day to day.


Ở đây, bạn có thể tin cậy và mong đợi nhiều hơn từ nhóm kinh nghiệm tốt nhất của chúng tôi. Chúng tôi cung cấp dịch vụ độc đáo cho trần thạch cao với giá phải chăng. Chúng tôi cung cấp sự hài lòng đầy đủ cho khách hàng của chúng tôi. SMY nhận ra hầu hết các dịch vụ trong ngành cung cấp tran thach cao. Dịch vụ của chúng tôi được đánh giá cao bởi khách hàng của chúng tôi cho các tính năng khác nhau như độ tin cậy. Chúng tôi luôn sẵn sàng giải quyết vấn đề và cung cấp vật liệu tốt nhất cho thạch cao, bền lâu.


I don't buy it.  The evidence offered seems weak.  Stocks are pretty high, but debt in the US has decreased according to the Federal Reserve statistics concerning debt.  It's true there is a little inflation in prices because of low interest rates, but as the Fed starts raising rates, there will be a correction.  Not a recession.


The idea being that if / when the CAD recovers I could see a gain of ~30%. That is the big if, maybe the USD and CAD will return to their previous exchange rates, maybe the CAD will fall further, you just don't know. You should try to keep a diversified pool of investments, that may include some cash in various currencies but unless you think you will need the money in the next few years it should probablly be mostly in other things. If you do think you will need the money in the next few years it should probablly be in a currency that is stable relative to the things you are likely to need it for.


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"The interest rate offered by a bond is called the nominal interest rate.  The so-called real interest rate is the nominal interest rate minus the rate of inflation. If inflation is equal to or greater than the nominal rate at any given time, the REAL interest rate is zero or negative. We're talking about a ten year bond. It's possible for the real interest rate to be negative for one or two years of the bond's life, and positive for eight or nine.  On the other hand, if we have a period of rising inflation, as in the 1970s, the inflation rate will exceed the (original) interest rate in most years, meaning that the real interest rate on the ten year bond will be negative over its whole life. People lost ""serious"" money on bonds (and loans) in the 1970s. In such situations, the BORROWERS make out. That is, they borrow money at low rates, earn inflation (plus a little more) pay back inflated dollars, and pocket the difference. For them, the money is ""free."""


"If human beings were Homo Economicus, i.e. textbook rational and self-interested economic-minded beings, as opposed to simply human, then yes, simple advice like ""just stay out of debt and your credit score will take care of itself"" could work.  Your simplification would be very persuasive to such a being. However, people are not perfectly rational.  We buy something we shouldn't have, we charge it on a credit card, we can't afford to pay it off at the end of the month.  We lose our job.  Our furnace breaks down, or our roof leaks, and we didn't anticipate the replacement cost.  Some of this is our fault, some of it isn't – basically, shit happens .. and we get into debt...  maybe even knowing all the while we shouldn't have. Our credit history and score takes a hit.  Only then do we find out there are consequences! Our interest rates go up, our insurance companies raise premiums, our prospective new employers or landlords run credit checks and either deny us the job or the apartment. Telling a person who asks for help about their credit history/score that they shouldn't have taken on debt in the first place is like telling the farmer he should have kept the barn door shut so the horse wouldn't run out.  While it is not ""bad"" advice, it's not the only kind of advice to offer when somebody finds themselves in such a situation. Adding advice about corrective actions is more helpful.  The person probably already know that they shouldn't have overspent in the first place and got into debt.  Yes, remind them of the value of being sensible about debt in the first place – it's good reinforcement – but add some helpful advice to the mix.  e.g. ""So you're in debt.  You shouldn't have lived beyond your means.  But now that you are in this mess, here's what you can do to improve the situation."""


"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-07-30/trump-s-dollar-mess-losses-pile-up-as-political-drama-mounts) reduced by 90%. (I'm a bot) ***** > The dollar soared in November before ending the year at the highest since at least 2005, according to the Bloomberg Dollar Spot Index, which tracks the greenback versus 10 global currencies.  > While the stock market has rallied to new highs as equity investors looked past politics and focused on corporate earnings, the dollar has slumped more than 8 percent, wiping out the post-election bump and then some.  > &quot;Look at how the dollar moved up when it was felt that the Trump election was going to lead to happy days again,&quot; Snow said.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6qoujg/stocks_are_at_all_time_highs_but_the_dollar_is/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~179908 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*: **dollar**^#1 **currency**^#2 **market**^#3 **Trump**^#4 **more**^#5"


"If you sell a stock, with no distributions, then your gain is taxable under §1001.  But not all realized gains will be recognized as taxable.  And some gains which are arguably not realized, will be recognized as taxable. The stock is usually a capital asset for investors, who will generate capital gains under §1(h), but dealers, traders, and hedgers will get different treatment.  If you are an investor, and you held the stock for a year or more, then you can get the beneficial capital gain rates (e.g. 20% instead of 39.6%).  If the asset was held short-term, less than a year, then your tax will generally be calculated at the higher ordinary income rates.  There is also the problem of the net investment tax under §1411.  I am eliding many exceptions, qualifications, and permutations of these rules. If you receive a §316 dividend from a stock, then that is §61 income.  Qualified dividends are ordinary income but will generally be taxed at capital gains rates under §1(h)(11).  Distributions in redemption of your stock are usually treated as sales of stock.  Non-dividend distributions (that are not redemptions) will reduce your basis in the stock to zero (no tax due) and past zero will be treated as gain from a sale. If you exchange stock in a tax-free reorganization (i.e. contribute your company stock in exchange for an acquirer's stock), you have what would normally be considered a realized gain on the exchange, but the differential will not be recognized, if done correctly. If you hold your shares and never sell them, but you engage in other dealings (short sales, options, collars, wash sales, etc.) that impact those shares, then you can sometimes be deemed to have recognized gain on shares that were never sold or exchanged. A more fundamental principle of income tax design is that not all realized gains will be recognized.  IRC §1001(c) says that all realized gains are recognized, except as otherwise provided; that ""otherwise"" is substantial and far-ranging."


There are so many Northwave Executive Condo projects being carried out today and there are also so many qualified public developers who have come in so as to meet the market demands. The role of selling an executive condominium is also left to the private developers and if one is in need of a property or any kind of information regarding such developments, they are free to make contact with the developers so as to know more. Check Out The Website http://northwave.co/ for more information on Northwave Executive Condo.


The simplest way to consolidate the funds your old 401(k) plans is by doing what's called a Direct Rollover (whereby the funds go directly into the new plan and skips you completely) from each of the old plans into either an IRA that you establish with a provider of your choice or even into your current employer's 401(k) plan if that is available. That way, the funds are in one central account and available to invest. Plus it eliminates the mandatory 20% withholding if the rollover is indirect and is sent to you first before the deposit into the new plan. It is important to bear in mind that you have 60 calendar days from the date of distribution to get the full amount into the new plan and a rollover is considered a tax reportable, but not necessarily a taxable event provided you deposit the funds within the time frame allotted.


"In its basic form, a corporation is a type of 'privileged democracy'. Instead of every citizen having a vote, votes are allocated on the basis of share ownership. In the most basic form, each share you own gives you 1 vote. In most public companies, very few shareholders vote [because their vote is statistically meaningless, and they have no particular insight into what they want in their Board]. This means that often the Board is voted in by a ""plurality"" [ie: 10%-50%] of shareholders who are actually large institutions (like investment firms or pension funds which own many shares of the company). Now, what do shareholders actually ""vote on""? You vote to elect individuals to be members of the Board of Directors (""BoD""). The BoD is basically an overarching committee that theoretically steers the company in whatever way they feel best represents the shareholders (because if they do not represent the shareholders, they will get voted out at the next shareholder meeting). The Board members are typically senior individuals with experience in either that industry or a relevant one (ie: someone who was a top lawyer may sit on the BoD and be a member of some type of 'legal issues committee'). These positions typically pay some amount of money, but often they are seen as a form of high prestige for someone nearing / after retirement. It is not typically a full time job. It will typically pay far, far less than the role of CEO at the same company.  The BoD meets periodically, to discuss issues regarding the health of the company. Their responsibility is to act in the interests of the shareholders, but they themselves do not necessarily own shares in the company. Often the BoD is broken up into several committees, such as an investment committee [which reviews and approves large scale projects], a finance committee [which reviews and approves large financial decisions, such as how to get funding], an audit committee [which reviews the results of financial statements alongside the external accountants who audit them], etc. But arguably the main role of the BoD is to hire the Chief Executive Officer and possibly other high level individuals [typically referred to as the C-Suite executives, ie Chief Financial Officer, Chief Operating Officer, etc.] The CEO is the Big Cheese, who then typically has authority to rule everyone below him/her. Typically there are things that the Big Cheese cannot do without approval from the board, like start huge investment projects requiring a lot of spending.  So the Shareholders own the company [and are therefore entitled to receive all the dividends from profits the company earns] and elects members of the Board of Directors, the BoD oversees the company on the Shareholders' behalf, and the CEO acts based on the wishes of the BoD which hires him/her. So how do you get to be a member of the Board, or the CEO? You become a superstar in your industry, and go through a similar process as getting any other job. You network, you make contacts, you apply, you defend yourself in interviews. The shareholders will elect a Board who acts in their interests. And the Board will hire a CEO that they feel can carry out those interests. If you hold a majority of the shares in a company, you could elect enough Board members that you could control the BoD, and you could then be guaranteed to be hired as the CEO. If you own, say, 10% of the shares you will likely be able to elect a few people to the Board, but maybe not enough to be hired by the Board as the CEO.  Short of owning a huge amount of a company, therefore, share ownership will not get you any closer to being the CEO."


AmeriKick Martial Arts show your best self preservation and more systems of karate. We have an all around prepared group that ordinary routine with regards to karate. Be a solid man with the goal that you could help yourself in difficulty. It is able to talk over with being in precise form because of food plan and exercising. It also can practice  children ages 3 to 11 for martial arts for fitness. On a survival foundation, fitness pertains to the capability to conform on your surroundings.


Comedy answer The McDonalds corporation thinks about $600 or 30% The real answer is: Whatever you can part with and still have money left over for the rest of your budget.  Don't consider your savings, consider your monthly income. This type of question is exactly why you need a budget.  A budget isn't just a tool for getting out of debt, it is a tool to help you understand your money and show you how much to spend on stuff. So based on your costs (utilities, food, shopping, auto expenses, savings, etc) how much is left from your monthly income?  That would be what you can afford in rent. Also, please notice that I still suggest you save money each month. You have a great habit going and to lose it now would be a shame in my opinion.  Maybe while you are planning a budget, you can start to roughly plan for buying a house, or having a new car fund, or having a pile of money for starting a family. (Along with an emergency fund and a fully funded retirement.)   You don't have to save 2/3, but save a dime of every dollar at least. Two dimes is better.  In the future, you will probably find it easier to spend more money rather than less; and you will never get back the chance to save.


Family has owned a gas stations for 10+ years. Gas is a bitch to own and most retailers make about 20¢ a gallon profit not including insurance/repairs. Hard to find gas station pump parts along with the high cost of repairing it if it breaks. It's mainly used to attract customers inside the store because that's where you make the profit.


The city gathering endorsed new laws to criminal action amid March's spring break period, for example, no drinking on the shoreline and no liquor sold following 2 a.m., two hours sooner than before. Law in Panama City apparently called for stricter laws after various violations were submitted amid a year ago's spring break celebrations, including an affirmed group assault of an oblivious lady, shootings, and medication related occasions.


You can't sell if you don't have a product that people want, and even of you do no one will buy it if they don't know about it.   Many ways to market, but you have to market.   You are right, putting more crap out isn't what you should be doing, but if you believe it is just crap, you have already failed. Find a need then fill it. don't get a good deal on a product and try to figure out how to sell it.


"Note that mutual funds' quarterly/annual reports usually have this number. I generally just let my home-accounting software project my future net worth; its numbers agree well enough with those I've gotten from more ""professional"" sources such as monte-carlo modelling. (They'd agree better if I fed in all the details of my paycheck, but I don't feel like doing the work to keep that up to date.) I'm using Quicken, but I assume MS Money and other competitors have the same capability if you buy the appropriate version."


Wrong.  $$$ is a tool, not an end in and of itself.  The moment you think otherwise, you become the cliche of an evil, short-sighted, self-absorbed businessman for real.  And your employees ARE your business, the same way a carpenter's tools ARE his trade.  Its a poor carpenter who doesn't take care of his tools, and its a poor businessman who doesn't take care of his employees.  EVERY business is ultimately about people.  Good long-term relationships with people matter more to your bottom line than short-term profits at the expense of those people.  Not just your customers, but your employees, freelancers, suppliers, etc.  Small business owners, at least the successful ones, understand that.   Corporate tools like yourself (talking about paid vacations and workers like they're separate from you is a sure sign of that) think its all about $$$ and nothing else.


I don't have a solid data-backed answer, but this is too lengthy for a comment. I've read that on average, about 1-2% is what you can get as a cash discount on a home purchase, all else being equal, but no hard data to back that.  In certain situations it makes sense for a cash discount to be much greater than that, for instance, if the seller is in a hurry to close and your cash offer has no inspection clause. Similarly, if a house has been re-listed after a sale fell through you might get a greater cash-discount, or if an owner just over-values the advantages of a cash-offer. Anecdotally, I had a neighbor take a cash offer 5% below asking and they had multiple offers at asking, they took the cash offer so they could close faster (15 days). Also, I've lost out to a cash offer, also at 5% below asking, and they also had a short-closing period and no-inspection, my offer was over asking on that one, so total cash discount > 5%. There can be more volatility in the luxury home market, but I wouldn't guess that changes the cash vs financed evaluation much.  Would love to see if anyone finds a good source, but even if they do, an average is only so helpful.


Check with your bank.  As of January, 2015, the following banks and credit unions are offering free credit-scores: Announced, in the pipeline: Source: Banks to offer FICO credit scores for free Personal Experience: I've been receiving free FICO score from my credit union for more than 6 months now. Advice: Most people have multiple bank/credit-union accounts. The FICO score will be the same whoever offers it. If none of your financial institutions offer you a free credit-score then you may opt for free services like creditkarma.com or other paid services. Please note that a credit-score is number summarizing your credit-report and should not be confused.  In the news:


Payment processors get a fee when you make a payment through their system. So by encouraging you to use their cards more, they make more money. In the specific case of contactless cards, they see an opportunity to grow their market by displacing cash payments. So they're advertising it heavily to help that along.


Different moving averages work and not work for different indexes.  I have seen simulations where during bull or bear markets the moving averages work differently. Here is an example: http://www.indexresult.com/MovingAverage/Exponential/200/SP500


"This question drives at what value a shareholder actually provides to a corporation, and by extent, to the economy. If you subscribe for new shares (like in an Initial Public Offering), it is very straightforward to say ""I have provided capital to the corporation, which it is using to advance its business."" If you buy shares that already exist (like in a typical share purchase on a public exchange), your money doesn't go to the company. Instead, it goes to someone who paid someone who paid someone who paid someone (etc.) who originally contributed money to the corporation.  In theory, the value of a share price does not directly impact the operation of the company itself, apart from what @DanielCarson aptly noted (employee stock options are affected by share price, impacting morale, etc.). This is because in theory, the true value of a company (and thus, the value of a share) is the present value of all future cashflows (dividends + final liquidation). This means that in a technical sense, a company's share price should result from the company's value. The company's true value does not result from the share price. But what you are doing as a shareholder is impacting the liquidity available to other potential investors (also as mentioned by @DanielCarson, in reference to the desirability for future financing). The more people who invest their money in the stock market, the more liquid those stocks become. This is the true value you add to the economy by investing in stocks - you add liquidity to the market, decreasing the risk of capital investment generally. The fewer people there are who are willing to invest in a particular company, the harder it is for an investor to buy or sell shares at will. If it is difficult to sell shares in a company, the risk of holding shares in that company is higher, because you can't ""cash out"" as easily. This increased risk then does change the value of the shares - because even though the corporation's internal value is the same, the projected cashflows of the shares themselves now has a question mark around the ability to sell when desired. Whether this actually has an impact on anything depends on how many people join you in your declaration of ethical investing. Like many other forms of social activism, success relies on joint effort. This goes beyond the direct and indirect impacts mentioned above; if 'ethical investing' becomes more pronounced, it may begin to stigmatize the  target companies (fewer people wanting to work for 'blacklist' corporations, fewer people buying their products, etc.)."


You cannot use continuous compounding for returns less than or equal to 100% because a natural logarithm can only be taken for a positive amount.  This answer includes the accurate way to ascertain r, for which many people use an approximation. For example, using -20% monthly return for 12 months:- -0.2 -0.223144 0.0687195 Checking: 0.0687195 True Now trying -100% monthly return:- -1. Indeterminate Why?  Because a natural logarithm can only be taken for a positive amount.  So the latter calculation can not be done using (logarithmic) continuous compounding. Of course, the calculation can still be done using regular compounding.  For -100% the results go to zero in the first month, but -150% produces a more interesting result: -1.5 -11920.9


"This is the best tl;dr I could make, [original](https://newrepublic.com/article/144180/single-payer-wonks) reduced by 66%. (I'm a bot) ***** > It&#039;s hard to deny that single-payer is an area where progressive politics has outstripped policy.  > Smaller and more explicitly progressive think tanks, such as the Economic Policy Institute, Demos, and the Roosevelt Institute, are stacked with left-leaning scholars on subjects like the minimum wage, voting rights, and anti-trust policy, but are less in the business of churning out policy proposals for legislators, especially when it comes to health care.  > While some groups, such as the Physicians for a National Health Program, an organization that pushes for single-payer, have been at the forefront of the issue, the bulk of the think tank world has been focused on defending the ACA. As Adam Gaffney, an instructor at Harvard Medical School and board member of PNHP, told the New Republic, &quot;When something seems very far away, the need for that kind of detailed policy work sometimes seems less.&quot; But now that single-payer is no longer an idea on the fringe, the actual mechanics have to be in place to maintain its credibility.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6s14zd/apparently_its_the_fault_of_leftleaning_think/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~184792 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*: **policy**^#1 **single-payer**^#2 **out**^#3 **detailed**^#4 **think**^#5"


Agreed. I travel 8-10 weeks a year and usually my option for a private room in a shared home on airbnb is the same as a room at a mid-tier hotel. Whole house on airbnb is equivalent to a room at a higher tier hotel. I'll take the hotel 9 times out of 10 to get the points and because I know what I'm getting each time.


I believe it's not only legal, but correct and required. A 1099 is how a business reports payments to others, and they're required by the IRS to send them for payments of $600 or more (for miscalleneous payments like this). The payment is an expense to the landlord and income to you, and the 1099 is how that's documented (although note that if they don't send you a 1099, it's still income to you and you still need to report it as such). It's similar to getting a 1099-INT for interest payments or a 1099-DIV for dividend payments. You'll get a 1099-MISC for a miscellaneous payment. If you were an employee they'd send you a W-2, not a 1099.


Psychology Today had an interesting article from July 11, 2016, in which they go through the psychological aspects of using cash vs. a credit card. This article cites a 2008 paper in the Journal of Experimental Psychology: Applied that found: “the more transparent the payment outflow, the greater the aversion to spending or higher the ‘pain of paying’ …leading to less transparent payment modes such as credit cards and gift cards (vs. cash) being more easily spent or treated as play or ‘monopoly money.’” The article cites a number of other studies that are of interest on this topic as well.


"For a little while, online stores had much lower prices and no tax.  That advantage is fast disappearing.    A lot of things are just better to shop in person.  You can touch and feel, you can try on, you can have instantly.    With some niche items, I feel deprived that I have to shop online to buy things sight unseen hoping that it meets my expectations.  And bullshit shilll reviews all over the place don't help.  When almost every ""review"" is by someone who gets stuff for free to review and barely uses the product, it's not helpful and it just muddles the waters."


here in Florida same thing.  over 50% of South Florida sales are for cash  personally, I'm happy as we'd be dead without this new money  and this has happened before, e.g. 80's boom was fueled by Columbian drug bucks


You've asked for risks but neglected straight up costs. CD laddering will have some explicit and implicit costs:


I don't know why people say Yahoo! is a failure. It's still around and still has tens of millions of users and makes millions in profit to this day. Just because it's not the leader it may have once been in every service it offers doesn't mean it's not wildly successful.


What you are describing is lifestyle creep. No where did you mention how to apply a living wage per person, let alone per situation.   What if I was hired at a wage of 1800/mo and only used 1500 for living expenses? Would that be a livable wage? What if I then decide to have 4 children over the next 4 years? Should the employer be forced to pay more on the aspect of having children alone? If that is the case, what are you incentivizing, child production or productivity? Unless those children work too (which is bad, mkay), they are at a net loss to the employer, and he/she has no ability to put you in a more productive spot, so what should this employer do?  At what point do you stop raising the UBI/minimum wage/whatever form of inflationary behavior and or redistribution? You are trying to achieve fairness across a wide spectrum of individuals and situations and there is zero gaurentee that all of them, or even most of them will benefit in a positive manner.


The book value is Total Assets minus Total Liabilities and so if you increase the Total Assets without changing the Total Liabilities the difference gets bigger and thus higher. Consider if a company had total assets of $4 and total liabilities of $3 so the book value is $1. Now, if the company adds $2 to the assets, then the difference would be 4+2-3=6-3=3 and last time I checked 3 is greater than 1. On definitions, here are a couple of links to clarify that side of things. From Investopedia: Equity = Assets - Liabilities From Ready Ratios: Shareholders Equity = Total Assets – Total Liabilities OR Shareholders Equity = Share Capital + Retained Earnings – Treasury   Shares Depending on what the reinvestment bought, there could be several possible outcomes. If the company bought assets that appreciated in value then that would increase the equity. If the company used that money to increase sales by expanding the marketing department then the future calculations could be a bit trickier and depend on what assumptions one wants to make really. If you need an example of the latter, imagine playing a game where I get to make up the rules and change them at will. Do you think you'd win at some point? It would depend on how I want the game to go and thus isn't something that you could definitively say one way or the other.


Talk to a lawyer.  Most will give a free consult and let you know your options.  One of the options you will likely have is a letter from a lawyer threatening further legal action if payment is not received.  Reluctant clients are often more willing to pay if they know you aren't willing to take it in the shorts.