"This is kind of halfway between the stuff I was talking about, and halfway to the stuff I don't want to get into. But it raises some very legitimate and relevant points that are kind of separate from the ""gold standard"" debate.   The big question, taking the banks out of it, is a two-fold one, that goes something like this:   - Is it possible to have a modern economy without credit-markets? and...  - Is it possible to have functional credit-markets without some sort of fractional-reserve currency?  For example, let's say Toyota decides to design a new car. Before they can sell a single unit, someone in Africa or somewhere has to dig up the minerals to make it, someone has to design it, tools have to be re-worked, all that kind of stuff. Building ONE CAR of a new design might cost [a billion dollars or more](http://en.wikipedia.org/wiki/Lexus_LS).   Obviously it's not realistic for Toyota to expect the first customer to pay that much: they amortize the design and tooling costs over the expected production run or whatever. Moreover, we might say that only companies that have amassed a billion dollars in physical gold from previous sales should be *able* to do that kind of thing...  But there is a relevant question of whether this makes any kind of sense. Should Toyota have to literally ship palettes or dufflebags of physical gold through middlemen and suppliers to the miner in Africa, down to the actual guy who digs up the aluminum or whatever, in order to make this transaction happen?   How would that work, without some sort of intermediary ""promises""?   I'm imagining a scenario where Toyota sends an armored truck full of gold out to go find half-a-ton of aluminum. The drivers cannot rely on any promises or ""fractional reserve"", they must only trade the physical gold in their truck for actual aluminum or expenses along the way...   This starts to defy sanity, in a modern economy. You have to rely on the promises of middle-men and suppliers and contractors and so on. And the instant you have promises, you have fractional reserves, because people are getting paid and money is changing hands that hasn't been minted yet.   It's not just the impracticality of your local supermarket having to trade a bag full of gold for a shipment of lettuce, it's that contracts to purchase would be meaningless, because the driver would have had to give a smaller bag of gold to the supplier, who gave a smaller bag of gold to the grower, and so on... moreover, the supermarket would have to just wait to see what entrepreneurial driver shows up and what they have.   The supermarket obviously cannot ""order"" a hundred heads of lettuce per week with a promise to pay, not unless we also give the supplier permission to order a hundred heads of lettuce a week from the grower, and the grower permission to order seed and hire workers sufficient to grow a hundred heads of lettuce a week, and the workers permission to set up car-payments to get to work, and the seed-supplier to so on and so on...  That sequence of promises is ipso-facto a ""fractional reserve"" system, with or without a central bank. People are promising to deliver gold/cash/whatever that they don't currently have. Moreover, it is entirely possible in a gold-denominated currency for everyone to *keep* those promises, since the gold, like any currency, just keeps changing hands and cycling through the economy.   Your example of ""gold certificates"" is exactly equivalent to privately-arranged contracts/promises to produce a certain amount of gold on completion. It's promises all the way down, unless we insist on instant cash-transactions, e.g., literally handing an employee a dollar's worth of gold every five minutes, or whatever. If the employee is counting on the good-faith of the employer to settle up at the end of the day or week, then we have a fractional-reserve system whether decreed or not.   When you buy an iPhone or a laptop, someone had to dig up the stuff to make it, out of the ground. When you buy a cheeseburger, someone had to grow wheat and someone else had to raise and kill a cow. It's not a reasonable proposition that they should wait for you to show up with a bag of gold before doing those things, in this day and age.   We trade in promises and IOUs. Sometimes that backfires, sometimes catastrophically. But it's remarkable how well it *does* work, most of the time, and how much better it works than the times and places where people had to trade physical goods for physical goods.   This is not an argument against a gold-backed currency."


Your skin on the face can be corrected through effective skin tightening treatments. If you are not ready to invest money for a surgical facelift but still want to remedy your facial skin, then you should go for skin tightening treatment in Noida. The commonly affected areas are the lower face, jaw line, under the eyes and chin and the abdomen.


This is pretty normal.   I am in the UK and currently doing the exact same thing.  As some answers state there is additional tax law called IR35. But thats all it is, an additional tax law that may be applicable to your situation (it very well may not). It is all perfectly legal and common (all my university friends now do it). You will be the director of a company, and invoice the recruiters company.  This has benefits and disadvantages. Personally I love it, but each to their own. Don't do it if you don't want to.


The average joe wouldn't... we would bury our cash in a mayonaise jar before we would take a guaranteed loss... (although the argument could be made that a positive return that doesnt outpace inflation IS a negative return)...  big corporations with billions on hand dont have that luxury however... some investments may also guarantee investors that a certain percentage be allocated to bonds... and in times of deflation a negative return could still provide a net positive return...


"I have received a response from SIPC, confirming littleadv's answer: For a brief background, the protections available under the Securities   Investor Protection Act (""SIPA""), are only available in the context of   a liquidation proceeding of a SIPC member broker-dealer and relate to   the ""custody"" of securities and related cash at the SIPC member   broker-dealer. Thus, if a SIPC member broker-dealer were to fail at a   time when a customer had securities and/or cash in the custody of the   SIPC member broker-dealer, in most instances it would be SIPC's   obligation to restore those securities and cash to the customer,   within statutory limits. That does not mean, however, that the   customer would necessarily receive the original value of his or her   purchase. Rather, the customer receives the security itself and/or the   value of the customer's account as of the day that the liquidation   commenced. SIPC does not protect against the decline in value of any   security. In a liquidation proceeding under the SIPA, SIPC may advance   up to $500,000 per customer (including a $250,000 limit on cash in the   account). Please note that this protection only applies to the extent that you   entrust cash or securities to a U.S. SIPC member. Foreign broker   dealer subsidiaries are not SIPC members. However, to the extent that   any assets, including foreign securities, are being held by the U.S.   broker dealer, the assets are protected by SIPC. Stocks listed on the   LSE are protected by SIPC to the extent they are held with a SIPC   member broker dealer, up to the statutory limit of $500,000 per   customer. As I mentioned in the comments, in the case of IB, indeed they have a foreign subsidiary, which is why SIPC does not cover it (rather they are insured by Lloyds of London for such cases)."


I will never understand the logic behind this. If you buyback shares instead of funding pension liabilities... those liabilities are still there and any serious investor will factor that into the companies stock price.   I guess it's just easier to be a consistent dividend grower and cater to that audience if your outstanding shares decrease.


You can write industry loss warrants. This is the closest thing I’ve found since I’ve been interested in this side of the ILS trade. Hedge funds and asset managers can do this. From what I understand it’s you selling the risk.   Want to start a fund? 🤔


I pulled it off. I did my own searching and so took a lot of load off my agent. As a result my agent agreed to work for 1% commission instead of the normal 3%. Got seller's agent to agree to take 4% instead of 6% and pay my agent the 1%. Seller and I pocketed the difference (I forget how exactly the split went). As it happened, my agent only had to process offers on two houses (one I got outbid on and one I got to buy).


"For anyone who'd like to know a little more:  Basically, I'm curious about ""newer"" styles of portfolio optimization. We all know and love the classic Markowitz Mean-Variance optimization model. Gather your assets, optimize weights based on minimizing variance and maximizing return, plot your capital allocation line, find your Sharpe Ratio portfolio.  [(In case anyone doesn't know what I'm talking about, check this out, it is a very common technique still used quite widely today)](http://www.investopedia.com/terms/e/efficientfrontier.asp)  However, the Markowitz model makes a couple of huge assumptions, one of them being that asset returns roughly follow a normal distribution. Since this is not always the case, new models for risk management and optimization have emerged, starting with Value at Risk, and more recently, [Conditional Value at Risk (CVaR).](http://www.investopedia.com/terms/c/conditional_value_at_risk.asp)  You can also draw an efficient frontier for CVaR portfolios [using fairly complicated linear programming techniques, as first outlined in this very influential paper.](http://www.ise.ufl.edu/uryasev/files/2011/11/CVaR1_JOR.pdf) Fortunately, these days, the techniques are widely available in Python and Matlab packages.   For further discussion, what are your thoughts on the Markowitz model? Do you have a preferred portfolio optimization method?"


"Someone (I forget who) did a study on classifying total return by the dividend profiles. In descending order by category, the results were as follows: 1) Growing dividends. These tend to be moderate yielders, say 2%-3% a year in today's markets. Because their dividends are starting from a low level, the growth of dividends is much higher than stocks in the next category. 2) ""Flat"" dividends. These tend to be higher yielders, 5% and up, but growing not at all, like interest on bonds, or very slowly (less than 2%-3% a year). 3) No dividends. A ""neutral"" posture. 4) Dividend cutters. Just ""bad news."""


If the business activities are closely related you could combine them into a single Schedule C, but in your case it sounds like it should be two separate Schedule C's. The loss from one will offset profit from the other, and your self-employment and income taxes will be based on the net of the two businesses. Any business can generate losses, make sure your expenses are reasonable and documented, there are plenty of resources out there for helping you decide which expenses are proper for each business. There is some truth to the warning that not showing profit in 2/5 of years can raise flags at the IRS, and they may deem your business a hobby, which disallows losses. That is not a hard rule, legitimate businesses can lose money for years on end without issue, if you're trying to make money at it, you'll likely be fine.


I would go even further:  You should want to pay as much as possible with your return without having to pay a penalty.  This lets you keep your money as long as possible without costing you anything extra.  You don't want to overdo it and pay fees, so leave yourself some buffer.  Still, try to get yourself in the mindset that paying at tax-time is a good thing!


Conventional wisdom says (100-age) percentage of your saving should go to Equity and (age) percentage should go to debt. My advice to you is to invest (100-age) into index fund through SIP and rest in FD. You can re-balance your investment once a year. Stock picking is very risky. And so is market timing.  Of cource you can change the 100 into a other number according to your risk tolerance.


Credit card merchant fees are $0.15 - $0.40 per transaction plus 1.5-4% of the amount charged. Card issuers are competing to get to be the card in your pocket that you use on a daily basis. If you were a card issuer, wouldn't you like to get 1.5-4% of every transaction I make for the rest of my life? As a side note, ever since I became a business owner and saw how much we are all paying for credit card merchant fees, I've patronized a lot more cash-only businesses. The best ones pass the savings directly on to the consumer.


Cancer is on a remarkably fast rise here in the USA.  My step Dad, just had a tumor removed.  My Father in Law just died from it.  My Grandmother had a breast removed due to it.  My next door neighbor is about to have his second tumor removed.  People all around me have cancer... it seems like it's killing everyone.  But hey.. you know, its a conspiracy thing to mention that it might be caused by Glyphosate or BPA, etc...


If the position starts losing money as soon as it is put on, then I would close it out ,taking a small loss. However, if it starts making money,as in the stock inches higher, then you can use part of the premium collected to buy an out of money put, thereby limiting your downside. It is called a collar.


That's fearmongering. You think a California farmer's going to farm watermelons at that price? HELL NO! They will pick something else that has a better profit margin while the midwest farms will start to produce it. If the Midwest farmers can't because it's still too costly for consumers (doubt it), then we will import them. Simple economics....


"The part that I find confusing is the loan/stock hybridization.  Why would the investor be entitled to a 30% share if he's also expecting to be getting paid back in full? This is the part that's making me scratch my head.  I can understand giving equity and buying out later.  I can understand giving equity with no expectation of loan repayment.  I can understand loan repayment without equity.  I can even understand collateralizing the loan with equity.  I can not understand how ""zeroing out"" the loan still leaves him with a claim on 30% of the equity. Would this be more of a good will gesture as a way to thank the investor for taking a chance?  Please forgive any naivety in my questions."


"Your stupid excuses do not excuse people entering or residing in a country that has not given them permission to do so.  And the legal term is ""illegal alien"". No rational person thinks these are ""illegal"" people.  Say it properly, and stop your pathetic moralizing."


Wait just a second there...  > A sign advertised lots priced from the $300,000s to the $600,000s. Robinson told me that 27 of the Hideaways’ 58 sites have already been purchased, with the completed homes selling for as much as half a million dollars.  So, I have to buy a lot for $600,000 - then spend hundreds of thousands more building a house on that lot - and then you're telling me that the very best I can possibly do, is to then sell it for $500,000???


Like the other answers, I'm not entirely sure the equivalent exists in your country. But in the US there are thrift stores run by charities like GoodWill or the Salvation Army that sell clothes for very little money.  When my wife was in a similar situation very early in her career she learned the trick of driving to thrift stores nearest to the richest neighborhoods in town. She often found high dollar designer clothes that had been worn once (to an event or party) and then donated. Apparently it is quite gauche for the well-to-do to be caught dead in the same outfit twice. It wasn't uncommon for her to find clothes/shoes that retailed for hundreds of dollars for $10 or so.


I use KMyMoney in Linux. They distribute a Mac version too. Plus, it is free!


No way.  The ride sharing space is big enough for multiple successful players.  Good analogy is soft drinks - if Warren Buffet puts money into Coke, that doesn't mean Pepsi is going out of business.  Also, Google has a large stake in Uber.  An investment in Lyft would mean Alphabet believes in the ridesharing industry and they're hedging.


"Assetz East Point is a new launch residential project located at outer Ring Road, Marathahalli in Bangalore. Assetz East Point has 10 ultra modern towers each of 12 floors with a total of 400 units spacious 2.5BHK & 3BHK apartments."


Military Real Estate is your source for relocation information, rental information and home purchase information for properties located around the many military bases nationwide. Our partners have realtors and property managers with experience working directly with military members, as well as expertise in the VA loan process.


I still have a soft spot for the whopper Jr. It's the only thing I'll eat with mayonnaise on it. It might be psychological, but maybe once a year, it's the best burger to me :) childhood memories and all that...


I'm not a finance guy (at all), but I would think the saving habits developed over the past few years of down-turn would take awhile to break down again. Meaning people may be able to afford dinner out, but have gotten used to not spending the money on it. I would imagine many people's habits have changed.


I don't think there's much you can do. Losses from the sale of personal-use automobiles (used for pleasure, commuting, etc) are not deductible as capital losses.  See IRS Tax Topic 409, end of the first paragraph.  The expenses you incurred in owning and operating the car (insurance, fuel, maintenance, service plans, etc) are not deductible either. If you used it partly for business, then some of your expenses might be deductible; see IRS Tax Topic 510.  This includes depreciation (decline in value), but only according to a standard schedule; you don't generally just get to deduct the difference between your buying and selling price.  Also, you'd need to have records to verify your business use.  But anyway, these deductions would apply (or not) regardless of whether you sell the car. You don't get your sales tax refunded when you resell the vehicle.  That's why it's a sales tax, not a value-added tax.  Note, however, that if you do sell it, the sales tax on this new transaction will be the buyer's responsibility, not yours. You do have the option on your federal income tax return to deduct the state sales tax you paid when you bought the car; in fact, you can deduct all the sales taxes you paid in that year.  (If you have already filed your taxes for that year, you can go back and amend them.)  However, this takes the place of your state income tax deduction for the year; you can't deduct both.  See Tax Topic 503.  So this is only useful if your sales taxes for that year exceeded the state income tax you paid in that year.  Also, note that state taxes are not deductible on your state income tax return.  Again, this deduction applies whether you sell the car or not.


The sooner we get away from oil the better.  Drilling and fracking is destroying countless ecosystems not to mention people's lives.  When you take into account the disastrous effects it's had on the climate, its pretty much a ticking time bomb for life as we know it...    We as a society need to start voting with our money and moving toward cleaner more sustainable energy and encourage others to abandon the filthy dinosaur that is the oil industry.    I have no sympathy for these  corrupt oil companies.


One important issue that has yet to be covered is the cost (to you) in terms of paperwork, lost time, and phone calls that you have to make to claim the insurance.  Such insurance claims often are very low priority on their customer service queues (for obvious reasons, since they have already made the sale). Therefore, you might have to spend up to a few hours of your time calling or writing emails to claim the warranty, which may often not be much (  Therefore, many people end up not claiming the warranty during the hassle. Much like non-scam mail-in rebates, more often than not you would either forget to or decide it is not worth your time to claim the warranty. Before buying such policies, other than the obvious cost-benefit calculations, you should also take this additional factor into account.   Therefore, many people end up not claiming the warranty during the hassle. Much like non-scam mail-in rebates, more often than not you would either forget to or decide it is not worth your time to claim the warranty. Before buying such policies, other than the obvious cost-benefit calculations, you should also take this additional factor into account.


So how would you regulate the financial sector to keep one ridiculous horde or powerhouse of cash from ruling it, and keep money flowing through the whole system rather than stagnating or spiraling to a small sector?  These questions also bring to mind rivers versus blood vessels.  In rivers, you get eddies and pools.  In the circulatory system, eddies and pools lead to health issues, much like hording and enclosed loops create stagnation or poor financial health.  Just an observation.


Yes the company can still pay dividends even if they aren't making a profit. 1) If the firm has been around, it might have made profits in the past years, which it might be still carrying (check for retained earnings in the financial statements). 2) Some firms in the past have had taken up debt to return the money to shareholders as dividends. 3) It might sell a part of it's assets and return the gain as dividends. 4) They might be bought by some other firm, which returns cash to shareholders to keep them happy. It pays to keep an eye on the financial statements of the company to check how much liquid money they might be carrying around to pay shareholders as dividends. They can stop paying dividends whenever they want. Apple didn't pay a dividend while Steve Jobs was around, even though they were making billions in profits. Many companies don't pay dividends because they find it more beneficial to continue investing in their business rather than returning money to shareholders.


Concentrate on MVP first, after do a little testing (ask friends/family).  If MVP looks well, then start your campaign on Kickstarter or ProductHunt.  Do you have a validation of your idea? Because you need to know You can have a really good idea - but if no one don't use it, the idea will remain an idea..


If the index goes up every single day during your investment, you would indeed be better off with 2x ETFs, assuming no tracking errors. However, this is basically never the case. Indexes fluctuate up and down. And the problem is, with these sorts of ETFs, you double your win on the upside but your downside is more than double. If an index goes up 10% one day and down 10% the next, you lose 1% of the value of your investment (1.1 * 0.9). If you are using 2x ETFs, you lose 4% of the value of your investment (1.2 * 0.8), not 2%. If you are using 3x ETFs, you lose 9% of the value of your investment (1.3 * 0.7), not 3%. So, if the index will continue to rise during your holding period, yes, you are better off with these 2x or 3x ETFs. If the index falls on some days, but rises most other days, the added downside is all but certain to make you lose money even though the stock trends upward. That's why these ETFs are designed for single-day bets. Over the long-term, the volatility of the stock market, combined with your exponentially increased downside, guarantees you will lose money.


Yup. I use my truck at least once a week for my job. It's also very useful hauling stuff back and forth from where I live now and my hometown 75 miles away. Not having a truck is more expensive than having one for me when I factor in the costs and time of working around not having one.


A closed-end fund is a collective investment scheme that is closed to new investment once the fund starts operating.  A typical open-ended fund will allow you to buy more shares of the fund anytime you want and the fund will create those new shares for you and invest your new money to continue growing assets under management.  A closed-end fund only using the initial capital invested when the fund started operating and no new shares are typically created (always exception in the financial community).  Normally you buy and sell an open-end fund from the fund company directly.  A closed-end fund will usually be bought and sold on the secondary market. Here is some more information from Wikipedia Some characteristics that distinguish a closed-end fund from an ordinary open-end mutual fund are that: Another distinguishing feature of a closed-end fund is the common use of leverage or gearing to enhance returns. CEFs can raise additional investment capital by issuing auction rate securities, preferred shares, long-term debt, and/or reverse-repurchase agreements. In doing so, the fund hopes to earn a higher return with this excess invested capital.


I would read this irs page to get an understanding of how this might negativity affect you.  There is an 800 number at the bottom of the page, I would call them and find out what your cousin did file on your behalf (ie Extension).   I would get your original paperwork back from your cousin (or look for copies) and get your return done as soon as possible (either by another CPA or yourself).  If you do owe, you owing more every day thanks to interest.  If you have a refund due, then get your refund.


Crisis and volatility benefit financiers and the wealthy, even more now than they did then. Back then, anybody left standing could buy at the bottom of a depression--while it was those who needed wages to eat who really suffered. Nowadays, arbitrage and derivatives (not to mention federal policy) make volatility itself a profitable proposition for people with lots of money to invest.  That said, I don't think it's a necessary conclusion from Garfield's statement that he thought those at the top *intentionally* caused inflation and depression--merely that their actions brought it about. Maybe he was complaining that the economy would be healthier and more stable if it were truly a free market, or maybe he was arguing that greed at the top led to imprudent policy.


Insurance is a funny product.  As you said, it is a little like gambling.  When I buy term life insurance, I'm essentially betting that I'm going to die within the next 20 years, and the insurance company is betting that I'm not.  I'm hoping to lose that bet! Besides all of the reasons that other answers mentioned, I think part of the reason is psychological.  As in my example, I'm setting up a kind of a win-win situation for myself here.  Let's go with car insurance, a less-morbid example than my first example.  If I don't get into a car accident, great!  If I do get into a car accident, then the traumatic event is at least offset by the fact that the financial impact to me is minimal.  Win-win.


This is just a shot in the dark but it could be intermarket data. If the stock is interlisted and traded on another market exchange that day then the Yahoo Finance data feed might have picked up the data from another market. You'd have to ask Yahoo to explain and they'd have to check their data.


The best way to find good quality is to check the garment tag: What kind of material is it made of? Jersey 100% cotton or any 100% cotton is one of the best quality material for most casual clothing.  Then, you should touch it (designer step/touching). You will get better along the way. If you think you will like it, it may be a good quality. You should try it. and look for similar material when shopping. It does not matter the store where you shop, you should check the garment quality because even at the expensive stores you can find bad quality.  Quality in Stitch: you should check the the garment stitch, look at the top and underneath stitches, watch for good and consist stitching pattern. especially the sides and armholes underneath of the garment.    Style is something personal. Everybody has different style, but stores are classified by age targeting. If you can find a store that usually made your style, good quality material at reasonable price. you should consider shop there. Most of the time, it will cost a little bit more or much more. BUT CHEAP IS EXPENSIVE!! you end up spending more money at the end of the year. Reasonable means a fair price for both parties, You and the seller. Neither cheap or expensive.


"I posted a comment in another answer and it seems to be approved by others, so I have converted this into an answer. If you're talking about young adults who just graduated college and worked through it. I would recommend you tell them to keep the same budget as what they were living on before they got a full-time job. This way, as far as their spending habits go, nothing changes since they only have a $500 budget (random figure) and everything else goes into savings and investments. If as a student you made $500/month and you suddenly get $2000/month, that's a lot of money you get to blow on drinks. Now, if you put $500 in savings (until 6-12 month of living expenses), $500 in investments for the long run and $500 in vacation funds or ""big expenses"" funds (Ideally with a cap and dump the extra in investments). That's $18,000/yr you are saving. At this stage in your life, you have not gotten used to spending that extra $18,000/yr. Don't touch the side money except for the vacation fund when you want to treat yourself. Your friends will call you cheap, but that's not your problem. Take that head start and build that down payment on your dream house. The way I set it up, is (in this case) I have automatics every day after my paychecks come in for the set amounts. I never see it, but I need to make sure I have the money in there. Note: Numbers are there for the sake of simplicity. Adjust accordingly. PS: This is anecdotal evidence that has worked for me. Parents taught me this philosophy and it has worked wonders for me. This is the extent of my financial wisdom."


If you have enough assets at T Rowe Price, you get what I think is a scaled back version of the portfolio tracker for free.


">  The other big difference between Gen X and the surrounding generations, in regards to retirement, is Social Security. The Baby Boomers will have Social Security for most of the rest of their lives; it's funded, and it won't be a problem. Millenials have mostly come of age knowing that's a joke. Gen X, on the other hand, grew up and worked at least part of their lives under the assumption that Social Security, while having problems, would at least provide some help. However, with the way the economy and government is going, it's very possible that won't be a guarantee without major adjustments (decreased payout, increased retirement age, etc), so they're going to be taking it there as well.  Add in the fact that the [FICA taxation rates changed dramatically over a 3 decade time span](http://www.ssa.gov/oact/progdata/taxRates.html).  Boomers, especially the *early* contingent, were able to earn money for decades at *relatively very low* (< 10%) FICA tax rates, and only faced the higher rates when many were already earning well above the ""cut off""; meanwhile most of GenX have effectively paid +14% on ALL of their earnings for their entire working lives, from the day they left high-school or college.  *About the only ""benefit"" that GenX gets out of all of this, is that it is WE who will be able to write the ""epitaphs"" and the final history about the Boomer Generation (and it isn't going to be a ""love fest"").*"


"I completely agree. And I can also tell you that out of the 89 ""cliches"" that this article mentioned, I've probably only heard 20 of them, and less than 10 on a regular basis (cuz let's face it, ROI actually does mean something)"


It's definitely broken window fallacy. The entire premise is that vehicle accidents cost money and productivity. If they can be avoided, we will be more productive. If we had technology that made car insurance obsolete, everyone in that industry could do another productive activity.  Textbook broken window fallacy.


This guy owns a hotel and timeshare company, it's not exactly a unique business.  There are probably a thousand other people who could take it over and keep it running no problem, or another hotel and/or timeshare company that could just incorporate it into its own business.  It's not at all comparable to something as unique as Steve Jobs and Apple.


Your three options are: Options 2 and 3 are obviously identical (other than transaction costs), so if you want to keep the stock, go for option 1, otherwise, go for option 3 since you have the same effect as option 2 with no transaction costs.  The loss will likely also offset some of the other short term gains you mentioned.


"I'm not sure which article you are referring to- if you are talking about the convergex article.... it literally describes what they did in the article.   Tradeworx and software company thesys(both founded by manoj narang) provide data to the sec and function as market makes- they are highly respected and handle over 5% of us equity by volume.   Their ""head people"" is manoj narang. I don't think he ""bailed out"". As you can read [here](https://research-doc.credit-suisse.com/docView?sourceid=em&document_id=x569866&serialid=lZPbU6l0cgAqB%2B1gg4uZFLk14dBwhfSb9lZ3%2BdmPHV4%3D) they are willing 53% of the trades they place everyday and have   He has stated in an interview he wants to explore options trading.   They were debunking myths because of the regulators wanted answers and at the time hft was not understood very well. Narang also testified at a senate committee[video here](https://youtu.be/NG47K41Q7KA)"


Am I eligible for the tax exemption if yes then under which section.  Generally Personal loans are not eligible for tax exemption. Only housing loans from qualified institutions are eligible for tax deduction. As per the income tax act; The house should be in your name. The home loans taken from recognised institutions are fully qualified under section 24B and 80C. This means you can claim Interest exemption under 24B and Principal repayment under 80C. The Act also specifies that loan can be taken from friends/relatives for construction of property and will be eligible for Interest exemption under 24B only. The principal will not be eligible for exemption under 80C. Read the FAQ from Income Tax India. There has to be certificate showing how much interest was paid on the said loan. Further there should be records/receipts on how the money was spent. There is difference of opinion amongst CA. It is best you take a professional advise.


True story:  There are several Admirals in the United States Navy that still do not understand how to use e-mail. They have their staff print the e-mails into hard copy and then either hand write or type a reply (on a typewriter) for their staff to send back as an e-mail.


You have plenty of good answers, but I want to add something that might help you grow your intuition on stocks. There are a lot of differences between the example I am going to give and how the stock market actually runs, but the basic concepts are the same. Lets say your friend asks you if he can borrow some money to start up a company, in exchange you will have some ownership in this company. You have essentially just bought yourself some stock. Now as your friend starts to grow, he is doing well, but he needs more cash to buy assets in order to grow the company more. He is forced with an option, either give you some of the profits, or buy these assets sooner. You decide you don't really need the money right now, and think he can do a lot better with spending the money to buy stuff. This is essentially the same as a company electing to not pay dividends, but instead invest into the future. You as a stock holder are fine with it since you know the money is going toward investing in the future. Even if you never get paid a dividend, as a company grows, you can then turn around and sell the stock to someone else for more money then you gave originally. Of course you always take the risk of having the company failing and loosing some if not all of your investment, but that is just the risk of the market.


Isn't that a deduction mostly used by the top 1%? There seem to be mostly 2 types of people, those who own many homes, And those that rent them...  I always thought the mortgage interest deduction was used substantially more by the wealthy than the middle class... (Luxury homes also offer higher deductions right?)


Why do you say we need a national ID?    IMO we're in this mess not because we needed a nation ID, but because it was easier/cheaper to just use an SSN for identification instead of the plethora of other options we already have at the state level.


(Note: The OP does not state whether the employer-sponsored retirement savings are pre-tax or post-tax (such as a Roth 401(k)). The following answer assumes the more common case of a pre-tax plan.) This is a bad idea, IMHO. IRS Pub 970 lists exceptions to the 10% early withdrawal penalty for educational expenses. This doesn't include, as far as I can tell, student loan payments. So withdrawing from your retirement account would incur both income tax and penalties. Even if there were an exception, you'd still have to pay income taxes, which, depending on the amount and your income, could be at a higher marginal rate than you are currently paying.  If you really want the debt gone as soon as possible, why not reduce the amount you contribute to the retirement plan (but not below the amount that gets you the maximum employer match) and use that money to increase your monthly payments to the student loan? Note that, if you do this, you will pay taxes on income that would have been tax-deferred in order to save money on interest, so there's still a trade-off. (One more thing: rather than rolling over to your new company's plan, you could roll over to a self-directed Traditional IRA.)


My first apartment was a large 750 sq foot studio apartment. I am sure you could find a smaller studio apartment. There is no reason a minimum wage employee should expect to live in an average apartment when they make below average wages, they should expect to live in the least expensive housing type or with their parents. Originally, minimum wage was for a kids first job, not for an adult working fast food. At some point kids stopped working in high school. I had jobs in high school. In the last 10 years something changed.


"While It is understandable to be concerned about the choices offered between Mr.20% and the Oft Returning Hemorrhoid, I don't think the US should be lecturing you about a stable government.  It turns out the US Secretary of State Called the US President a ""Fucking Moron"", so this meeting you had, don't put to much weight in it, you will have to have it again with the new US Secretary of State and explain all over again that the Taliban is not a type of crop that covers 40% of Afghanistan and no, minerals cannot really be found in President Ghani's ass, it was just a figure of speech."


"How, exactly, did you differentiate yourself from the rest of the pack?  Networking.  I also tailored all of my resumes blasts to the company/position.   ""isn't the internet generally where network groups are announced?""  Yes.  The point is to go to them.  Not just blast your resume out to email addresses."


for one thing, marketing.  e.g. there are some ads that runs on radio 5-10x a day every day over networks reaching many tens of millions every day.  if you're working a website site as your pitch, the big marketer crushes you with massive exposure, 800 phone numbers, live 24 hour service...etc


I am under the impression these comments are where we put our subjective thoughts. Kind of like how all of your comments are subjective as well.   I have not heard Trump express such thoughts. Regardless, what he says is always meaningless pandering.


Generally, you need something that goes up over time during periods of index decline, but otherwise holds some value.  Historically, people tend to use gold for that purpose.  But with gold also set up for possible declines, that raises questions.  Silver has dropped a bit more than gold in terms of percentages.  If you think the downward motion will be in the form of sudden jumps, you can look at putting some of your money in puts away from the current price, but you can easily wind up paying too much for this protection.   In the case of a deflation, most things lose value vs. money, and you want all cash. These things might already be obvious.  I don't think there is a clear answer to your question.  But if the future were clear, the present market could possibly anticipate and adjust... one reason the future of the market always seems a bit murky.


In the UK, this is the very definition of a Public Limited Company.    A Limited Company can restrict how its stock is trades and who can buy and sell and when, a Public Limited Company cannot. Most stock exchanges will only allow Public Limited Company stock to be traded. Therefore a company can control who its stock holders are or be traded on a Stock Exchange.


As with everything else, it's a question of trade-offs. Pros For Buying In Bulk Cons For Buying In Bulk Inventory cost. You need to purchase more shelving/cupboards to stock the goods.  This is a real cost. The psychological effect of having more means you are more likely to use more, thus costing you more. Deflation of the cost of the item should occur over time in a well-functioning market economy.  A $10 item today might be $9.50 in one year in real terms. There is a real opportunity cost associated with overbuying.  Granted, an extra $100 in your bank account won't be earning too much if you have to spend it one month later, but it does mean you have less financial independence for that month. Risk of spoilage.  There is a nonzero risk that your goods could be ruined by flood/fire/toddler/klutz damage. You need to decide which of these pros and cons are more important to you.  Financially, you should only buy what you need between shopping trips.  In reality the convenience of holding goods in storage for when you need them may outweigh the costs.


Yes. Sears and Walmart didn’t destroy the economy, they set the bar higher.  Let markets do their thing. Amazon eventually will show a weakness and then the innovators dilemma will take over, just like it always has.   Markets consistently consolidate and fragment. It keeps things healthy :)


"When I was in this situation, I always did Married Filing Separately. In the space for spouse you just write ""non resident alien"". I'm assuming you don't make more than the Foreign Earned Income exclusion (about $100k), so the fact that you don't qualify for certain exemptions is probably irrelevant for you.  As a side note, now that you are married you have ""a financial interest in"" all her bank accounts so if her and your foreign bank accounts had an aggregate value of over $10k at any point in 2015 you have until June 30th to file an FBAR, listing both her and your accounts. If you have a decent amount of assets you might need to fill out form 8938 with your tax return too. Here is a link with the reporting thresholds. https://www.irs.gov/Businesses/Corporations/Summary-of-FATCA-Reporting-for-U.S.-Taxpayers"


What I think was being asked (and so this is how I interpreted it) is not the transition from public to private, but a corporation itself buying all its shares back, and as a result having no shareholders.  In this case we could envision that all outstanding shares would be become treasury stock.  My argument was that this would never happen in a practical setting.  Obviously, if you interpret the question differently, for instance to be about all the shares of firm being purchased by someone else (as in a private equity buyout), you get very different answers about practicality.  So I'm not disagreeing with you at all, I just read the question differently.


Apple does not have a philosophy of marketshare at any cost. They have a goal of making a healthy profit from whatever they do. So the only share they do care about, is profit share, and they are winning that one.([1](http://www.macrumors.com/2012/05/03/apple-and-samsung-claim-99-of-profits-among-top-mobile-phone-vendors/))  This race to the bottom that android makers might be participating in, is not interesting for Apple to take part of. They want the status of a luxury item, and have people desire to at some point have an iPhone of their own.   They are already making the iPhone more accessible on the marked by keeping production of older models and selling them for a reduced price. But is only as long as those models can keep a good profit margin, and keep up sales.


"Why is this even on the table?  It's effectively a **revenue neurtral** proposal! You still pay taxes on ""tax deferred"" retirement plans - In fact, I would dare say that in most cases, people end up paying **more** in taxes, because they pay it as regular income rather than LTCG.   The poor will still eat cat food and live on SSI; the rich consider what $18k/year would get them as a laughable pittance (and I say that as someone who *doesn't* grudge them their wealth).  This will *only* have the effect of fucking the middle class.  There is absolutely no other possible interpretation."


Cool! Financial IT is fun. Banks wouldn't run without us :).  I'm doing a Master's while working part time in IT in an investment bank. I'm kind of on the fence of if I should go for a more technical profile (software development) or business profile (IT business analysis). It's quite the different career tracks...


Well underwater means their property has lost value, so by definition its not their fault.   Neocons blame people who sign up for payments they cant afford which really is their own fault if they just didn't take into account the full term of their loan and just paid attention to the first months payment.


That's like saying movie ticket sales are down because the current crop of films are garbage. Nobody wants the current crop of games. It's also summer and people tend to game more in colder weather.  And they excluded digital downloads. Some if the best titles are tiny indie games, and they tend to be download only. Who has a super meat boy disc?


Let's work from the inside out. Options are not stock. Options are a contract that give you the right to own the stock. For options to have value they have to be exercised. Straight line means that each quarter 1/16th of the option grant becomes yours and the company cannot take it away. Four quarters in a year times four years is 16 quarters. 'Grant' means they are giving you the options at no cost to you. 'Nonqualified' means that there is nothing you have to do, or be, in order to get the options. (Some options are only for management.)


That may depend largely in which country you are in, the legislation in that country and the state of the economy and property market (more specifically) at the time of the foreclosure. In Australia, where we do not have non-recourse loans (except in SMSFs) the banks are obliged to recoup as much as possible for the mortgagee, however they would not hold on to the property indefinitely, as that could cause other problems and they have to return the mortgagee portion of the funds back to them (if there is any funds left after the bank takes their portion).  In 2008, when the property market here was weak we had bought some foreclosure houses and were able to get them 20% to 25% below what they were selling at the year before. If there was a forclosure in today's strong market in Australia (and especially in Sydney), I dought you would get much of a discount at all. So it may largly depend on the demand and supply at the time of the forclosure.


"I would start by taking it to your bank and asking them what they think. They can probably call the bank on the check and find out if it is still good. If they let you deposit the check, I would wait a couple of weeks before spending the money, in case the issuing bank decides that the check is no good, and your bank wants its money back.  If you are told that the check is not good anymore, the next thing I would do is to check with your state's treasurer's office and see if they have any ""unclaimed money"" for your mother."


> If someone who is paid $200k+ a year is flying long haul to participate in some meetings, I want them at their best at those meetings, as their time is worth $100/hr.       I work with plenty of people in private industry who earn far more than that who only get economy flights paid for.


"Week after week, I make remarks regarding expenses within retirement accounts. A 401(k) with a 1% or greater fee is criminal, in my opinion.  Whole life insurance usually starts with fees north of 2%, and I've seen as high as 3.5% per year. Compare that to my own 401(k) with charges .02% for its S&P fund.  When pressed to say something nice about whole life insurance, I offer ""whole life has sent tens of thousands of children to college, the children of the people selling it."" A good friend would never suggest whole life, a great friend will physically restrain you from buying such a product."


"Here's a sneak peek of /r/gatekeeping using the [top posts](https://np.reddit.com/r/gatekeeping/top/?sort=top&t=all) of all time!  \#1: [People are always judging millennials nowadays](https://i.redd.it/luvt6kxmnpez.jpg) | [1129 comments](https://np.reddit.com/r/gatekeeping/comments/6slbnf/people_are_always_judging_millennials_nowadays/)   \#2: [You think 4th grade is tough?](https://i.redd.it/k7liosnjfjlz.jpg) | [332 comments](https://np.reddit.com/r/gatekeeping/comments/6zup3b/you_think_4th_grade_is_tough/)   \#3: [My friend says I'm not allowed to get Szechuan sauce because I'm not a ""true"" Rick and Morty fan](https://i.redd.it/bu74834vcgqz.jpg) | [1696 comments](https://np.reddit.com/r/gatekeeping/comments/74wlu3/my_friend_says_im_not_allowed_to_get_szechuan/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"


"There isn't really a generic options strategy that gives you higher returns with lower risk than an equivalent non-options strategy. There are lots of options strategies that give you about the same returns with the same risk, but most of the time they are a lot more work and less tax-efficient than the non-options strategy. When I say ""generic"" I mean there may be strategies that rely on special situations (analysis of market inefficiencies or fundamentals on particular securities) that you could take advantage of, but you'd have to be extremely expert and spend a lot of time. A ""generic"" strategy would be a thing like ""write such-and-such sort of spreads"" without reference to the particular security or situation. As far as strategies that give you about the same risk/return, for example you can use options collars to create about the same effect as a balanced fund (Gateway Fund does this, Bridgeway Balanced does stuff like it I think); but you could also just use a balanced fund. You can use covered calls to make income on your stocks, but you of course lose some of the stock upside. You can use protective puts to protect downside, but they cost so much money that on average you lose money or make very little. You can invest cash plus a call option, which is equivalent to stock plus a protective put, i.e on average again you don't make much money. Options don't offer any free lunches not found elsewhere. Occasionally they are useful for tax reasons (for example to avoid selling something but avoid risk) or for technical reasons (for example a stock isn't available to short, but you can do something with options)."


IANAL, but I'm pretty sure buying something at a store does not enter you in a contract with the store.   Also, Target made up the rule about not allowing gift cards and then chose not to enforce it. According to the article, they chose not to enforce it over and over again. In fact, when the promotion ended, Target renewed it with the same terms! Calling these customers cheaters is baseless.


"1.- Every dell computer owner knows what is this diagnostic test for? maybe you can explain some stuff about it (you can Insert bullet points in the video, just one word, while you say it).  2.- What is your segment are you targeting with these videos? what do you know about the people that looks for tips, advices in youtube (age, gender, tech savvy?) if your audience is young I would suggest to make the videos more ""fresh"", different music, intro, maybe some jokes. On the other hand if your audience is old and not tech-savvy at all you will have to be more clear, maybe you start with instructions in bullet points and then you show how to do it in a computer (pressing the keyboard, showing the screen, etc.).  That's my humble opinion"


Your emergency cargo is delivered to its destination under the supervision of our expert team, through an optimized system that minimizes all documentation procedures and ensures the shortest delivery time. Air Charter Control is your ideal solution partner for territories and airports to which there are no airline flights.


Walmart has been rolling out click-and-collect for the last couple years and is doing an amazing job of it. I've talked to a lot of mothers who have tried it and they absolutely love it. When you've got a bunch of kids, all you have to do is pull into the parking lot and Walmart places your groceries and anything else you bought into your trunk. The workers have been trained to pick out the best produce and I've heard nothing but praise from those who have used it. If anything, this seems like Amazon playing catch up this time.


Yeah it's not that uncommon to work at least in large part for stock options for start ups. They literally have people who invest large sums of money in them just for stocks (very frequently they use venture capitalists or angel investors for capital), same line of reasoning can apply to writing some code. The OP dude reacted (and acted) really poorly and the programmer acted pretty reasonably though.


Kushagra Bajaj received a young entrepreneur, He also acheived`Young Achiever’ award by the jury of the tenth  Rajiv Gandhi Awards. Prior to this, India Today  and he was nominated for the Indian government's Padma Shri award. Bajaj became Chief Executive with overall responsibility for operations at Bajaj Hindusthan Limited. He was later appointed Vice Chairman of the Bajaj Group.


"Why do these stories use the word ""avoid"" instead of ""delay"". It's only ""avoided"" if they never bring the money into the US and instead find some way to spend it off shore. If their stockpile gets too big, investors are going to want some sort of return."


"Edgar Online has this information for companies under SEC regulations and they are reported in ""Form 4"" so that should help guide your search"


Pruitt is a shameless whore for profit-making non-human entities which have first Amendment rights to influence you and Congress with their billions of dollars.  And oh yeah, those non-human legal entities don't have to breathe air, so why should they care about protecting the environment, which would reduce their profits?


Based on my research while asking How are unmarketable market orders (other side of the order book is empty) matched with incoming orders? and the one answer there, it seems like there are a few things for certain: All of this of course depends on the exact algorithm specified by the given exchange - I don't think there's a standard here.


I used to work at a toys r us after my freshman year of college. There were about 4-5 of us responsible for the 2nd most busy/profitable store in Atlanta. Half the time I had to handle the overflow of customers in my R-Zone. They did not pay that great, offered no advancement, and treated everyone like crap.


Small companies need not pay out heft dividends. It makes much more sense to invest it directly in to the company to build  a stronger company and produce future results. For example just say Mike see's a company called Milk Inc.  Milk inc is doing very well and for the last three year's the amount the profits are increasing by has been going up by 10% the company is still small and doesn't do dividends. Mike see's opportunity and snatches up 1000 at 2.20 , He knows this company does not pay dividends. 10 years pass and this company is absolutely booming  profits are still going up the company has decided to start paying hefty dividends as it no longer needs as much money to invest in it's growth. Shares are now valued at 6.80 . Mike banks.


My personal opinion, start a small business and just do it. You will learn faster than anything you can learn online. Keep it small, then when the disasters come, you can recover. Decide what kind of business you want to do, what area, then just start. Feel free to PM me if you need help. Also, SCORE is a consulting group of retired executives, Free, and you can get a lot of advice there too. Classes are fine, but if you want to do business, just do it, you will learn more, faster, than any class (once you figure out what kind of business you want to do)


When you're debt free everything you own feels different. The lack of financial stress in your life goes away. BUT! before you do go gung-ho on paying down debt think through these steps (and no I did not come up with them. Dave Ramsey did and others). Truncated from - http://www.daveramsey.com/new/baby-steps/ I have 1 credit card. Only use it for business/travel but pay it off every month (yay for auto-draft). Everthing else is cash/debit and we live by a budget. If it's not in the budget we don't buy it. Easy as pie. The hard part is disciplining yourself to wait. Our society is gear for BUY NOW! PAY LATER! and well you can see where that has taken our country and families. And celebrate the small victories. Pay off 1 debt then go have a nice dinner. Things like that help keep you motivated and pursuing the end goal.


"I agree, and would add that the Sears website is the worst ""major retailer"" I've shopped online.  They can't track stock based on what is sold.  Many of their products are sold by shady 3rd parties, and the search results are almost useless."


Tackling your last point, all banks in the EU should be covered to around €100,000. The exact figure varies slightly between countries, and generally only private deposits are covered. In the UK it's the FSCS that covers private deposits, to a value of £85,000, see this for more information on what's covered. In France (for a euro denominated example), there's coverage up to €100,000 provided by Fonds de Garantie des Dépôts, see this (in French) for full details. There's a fairly good Wikipedia Article that covers all this too. I'll let someone else chime in on the mechanics of opening something covered by the schemes though!


Pure Chocolate Indulgence provide professional chocolate fountain hire for all special occasions and functions covering the East Midlands, Nottinghamshire, Derbyshire Leicestershire, Yorkshire right down to London.  Due to our quality chocolate and outstanding service within the industry we were invited to stand at the 2012 Olympics.  We also supply:- personalised chocolate bars and love heart sweets, sweet cart hire, sweet buffet hire, candyfloss hire, popcorn hire, milkshake bar (the only company to offer this service), waffle station, champagne/drinks fountain (5 gallons), red and gold carpet hire with stanchions. From wedding receptions to children’s birthday parties, Pure Chocolate Indulgence can tailor a hire package to suit your event and personal tastes.  Copies of our Public Liability insurance, PAT certificates of electrical equipment and appropriate food hygiene certificates can be supplied upon request.


"Doesn't it make more rational sense to have business people running hospitals though? I mean, generic ""business"" skills are much easier to come by than doctoring skillls -- and if you get business people running the hospitals, then you can have mor doctors working in them."


Yeah, too subjective of a question I shorted BP last year during the deep water crisis, using a leveraged account 20 times larger than the amount of cash I actually had, instantly profitable. I was long Freddie Mac in March 2009 and that took several months to turn to move and turned a 100% gain I've flipped penny stocks trading at .0001 cents, bought a few million shares and sold them at .0002 cents. Sometimes instantly, sometimes over several months because they were illiquid I'm primarily a derivatives trader right now, which I did not know about or understand less than a year ago. Dont have crazy targets, that how you will blow up your account. Have meticulously calculated plans. Also you need to determine what kind of trader you are.


Well, it's the manufacturers who provide the software, not the banks.  Very often, the banks have little to do with the ATMs other than ensuring they have a good network connection (unless said ATM has a cell modem) and loading them with money.  Sometimes they don't even load money and have armored companies do it for them.      As to why NCR, Diebold, Hysosung, etc have opted to use Windows, you'd have to ask them.  I'm no IT guy, just someone who learns what I need to as different things come up.  Put it this way:  I also use drills and angle grinders on safes, vaults and other things, but I'm not trained in metalwork.


It's hard to financially justify buying a house just for one person to live in. You end up being 'over-housed' (and paying for it). Would you rent a whole house for yourself?  A condo might be an option - but TO ME the maintenance fees are hard to take (and they are notorious for increasing dramatically as the building ages). You could consider buying a house that includes 1 or 2 rental units, or sharing with a friend. You do run the risk of having bad tenants though, and you have additional maintance to deal with. Having a rental unit in my modest house has worked out very well for me (living alone), and I have been VERY fortunate with tenants.


All rules have unintended consequences.  The more complex the ruleset, the more difficult it is to predict the outcome.  The choice is fundamentally to constantly change the rules, and pile rules on top of rules, or simplify the rules and make them more permanent.   If what the MP was suggesting was tax-code simplification in order to reduce the unintended side-effects then I would call this smart.  However adding extra rules and making the tax-code denser and more difficult to follow I believe makes the 'intent' of the law _harder_ to follow, undermining the purpose of creating the new rules.


"No, but it is certainly a possibility. the efficient market hypothesis would say that this means that the market perceives the present value of all future earning as negative. These earnings might take the form of a writedown of assets at some point. (Companies carry a goodwill asset that is generally imaginary.  They book that asset when they buy companies for more than they are worth.) It would be as if PRUN was a stock tracking my life.  If I bought my house in 2006 for $1 million cash. I might have a book value of $1 million.  However, PRUN might trade at $500k because the market knows that my asset isn't really worth $1 million and at some point my earnings will take a hit to reflect that. It might also mean that future ""real"" earnings ""ie actual profit and loss on sales"" are going to be negative. This would mean bankruptcy is more likely."


Very cool! good for you. We're a rare breed - actually doing something with our finance knowledge.  The rotten part I think is they've had enough success to be self employed. At that point, you start realizing the limitations of most people when you are successful, and so you become closed off. I'm as guilty of this as they were.  > conservative.... but it's not for me  You're right on that part. Definitely have to see what your sweet spot is and stick to that. Anything that requires me to constantly check up on the industry is out for me. But I follow tesla for many reasons and it's something I worked hard to get comfortable with (more than 1,000 hours). My comfort zone is owning 4 stocks after looking at 1,000+. And watching them closely, ignoring the rest. I also don't have time for much more. My other favorite, that might be more up your alley: Davita (DVA). I am a big fan and comfortable with the industry to know they're going to do well from here.


What a bizarre explanation of what's really happening here- or more specifically, what isn't happening.   This will solve some logistical issues related to multicenter treatment and certain tests that are outsourced to more specialized institutions, but had absolutely nothing to do with speed or accuracy of molecular profiling of cancers.  Current modalities absolutely  do not take 8-10 weeks to complete. They take a couple days at most. The only context in which any of this makes sense is one in which you assume full genotyping of all patients in the very near future, with a robust improvement in our understanding of the molecular underpinnings of cancer. Let's say we have a  patient with lung adenocarcinoma who we want to test for egfr mutation status, to determine whether we need to initiate erlotinib therapy.   We don't need or want the full genome. All we need is specific exon sequencing.   Talking about a nationwide network of information only makes sense if we plan on having bioinformaticists go nuts exploring genes that we currently have no understanding of with regard to pathogenesis or treatment of cancer.  Saying this will speed diagnosis is like saying a faster internet connection will help you build a computer way faster. It's nonsensical.


There are quite a few things you would need to do; Estimate how much you are earned, find out the tax liability and pay the tax in advance to Income Tax. You can do it online as well, go to the Income Tax website The interest you earn is also taxable and Bank would deduct a nominal amount, ensure that you have PAN registered with the Bank Account. You need to add this to your overall income and pay tax. You would also need to file returns every year.


Since you're a student, I presume you will not be needing a computer that needs to do heavy lifting, unless of course you are studying data analytics programme.  I suggest you have a look at this link: https://www.reddit.com/r/SuggestALaptop/comments/5sh111/2017_best_laptop_recommendations_guide_for/  Get one that is in the lower spectrum of your budget for now, and focus on getting the skills before you purchase an expensive one.  All the best!  EDIT: Check /r/trumpssaggingFUPA comment - highly recommend this otherwise its going to be pain to input the numbers


Longing the short ETF will give you better returns than shorting the long etf.  The reason is that as the price gets the smaller the absolute price change gets a lot smaller. So you would rather have upward price exposure than downward.  A good case is SPXU and UPRO


This article is very short on details. How much Bitcoin did he buy? If he spent $10k or more the bank is LEGALLY REQUIRED to ask why he is buying it, just as they would be if he was withdrawing the cash.  What's more, the threshold can be far lower than 10K, especially if it appears you  are doing multiple  transactions for  the express purpose  of being below 10K. Since the article explicitly said he did multiple transactions, this is a likely possibility as well.


Michael Moojan Mavaddat is the Managing Director of International Land Developments Pty Ltd (ILD) and with over two decades of extensive experience in both Residential and Commercial developments, ILD is a specialist property development company dealing with large scale land acquisitions and developments.


As you can tell from books already posted here, the way you asked the question is very broad. If you want the nuts and bolts of running a business with more than 10 people here are some I'd recommend.  Kiss Theory Goodbye by Prosen Mastering the Rockefeller Habits by Harnis Awesomely Simple by Spense  See my other reviews of business books at https://www.librarything.com/catalog/BizCoach


First of all, bush was a liberal. He expanded the federal government to a size that had never before been reached. So yes, liberal policies fail.  Speaking of which! Glass steagall's repeal was the biggest reason for the financial crisis. Clinton repealed it. Obama didn't reinstate it.  Liberal policies never DON'T fail.


But how can you have continued growth? Nothing is perpetual at least not in real life - maybe in theory :)  I'm guessing you're talking about growth in the money supply right? Well how can you keep growing your money supply indefinitely if doing so requires the creation of a larger amount of debt than the amount that already exists?  Think of it in rounds. If each round of debt requires that new debt to the amount of 105% of the old debt is created, how long can you keep that running for? You've essentially got the principle of compound interest working against you.   I'm obviously missing something really big because this seems ridiculous to me...


I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [About Us](https://www.reddit.com/r/talkbusiness/comments/79x4ll/about_us/)  &nbsp;*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*


I’m preparing for an interview with Vanguard & What I was told to do was to practice answering behavioral questions in the STAR format. Made a word doc answering popular questions in that format. Also just know as much as possible about the company. Reading their market and economic outlook and asking a question based on that could be good too.


"I guess the best option in the end depends on your legislation, and maybe on the local insurance ""habits"" - I don't know anything singapore, but here some general thoughts about the problem. More specialized thoughts:"


You're most likely required to file in both for 2013 - since you've lived in both. From 2014 and on you're definitely a NY resident (since you're renting a place there and live there), and you may very well continue being NJ resident (since you're essentially continue being domiciled there). I suggest talking to a EA/CPA licensed in NY and NJ to try and see what you can do to avoid being resident in both the states, or see if it is at all an issue other than filing everything double.


"very smart viewpoint in my very humble opinion- ""The lesson is that there’s more than one way for a state to have a successful economy. That’s a sentiment that is seldom shared because you can’t score partisan points saying things like, “There is more than one way to do something.” Don’t @ me, but maybe states can be highly taxed and highly regulated like California, or maybe they can be more business-friendly like Texas, and they can each succeed in a way that pleases their citizens.""  http://www.houstonchronicle.com/business/texanomics/article/Gov-Abbott-keeps-bashing-California-but-Texas-11202452.php"


I would not do a bill of sale for less, but a legal and safe way to reduce the taxes is to write separate bills for the boat, motor and trailer.  The taxes are paid at different rates and will represent to full sale price.


I am pretty sure he is referring to the fact that hedge funds manage over $2.1 trillion of capital, a good deal of which comes from pension funds and charitable endowments BUT their fees are falling and someone has got to do it.


"Actually reminds me of the A&W burger diaper.    It was a fantastic way to wrap and eat a burger in the car, yet they called it the ""burger diaper"" in house... which trickled it's way to the customer before mine even sold one.  It took less than a year to contract with Sonic to take over that location for me."


I slept in the office occasionally while working at one of America's most prestigious investment banks. Definitely efficient. I also lived 10 minutes away from the office. Is that really prohibited by the DoL? Hopefully not by Trump's DoL.   Also not sure what your point is for sharing that article. Just a dispute between franchisees and the parent company about how the ad fund is spent.


In my opinion, the simplest way to run these numbers is to first assume you are borrowing the full amount, including the points, if any.  They run a spreadsheet, and while using the new rate, apply your full current payment each month.  Then compare balances at month 48. You'll find it easy to calculate the breakeven. In the case of the negative points, it's immediate. For higher points, the B/E is later but then you are further ahead each month.


"Because 401k's are also used by self employed. A person who has a schedule C profitable income can open a 401k and ""match"" in whatever ratio he wants, up to 25% of the net profits or the limits you stated. This allows self-employed to defer more income taxes to the future. Why only self-employed? Good question. Ask your congressman. My explanation would be that since they're self-employed they're in much more danger of not having income, especially later in life, if their business go south. Thus they need a bigger cushion than an average W2 employee who can just find another job."


I think that you could probably structure a trust like this.  The terms would be that the money is in trust for Person A if they claim it by some deadline.  After that it will go to Person B.  This won't be a cheap option though, since you'll probably need an attorney to structure it properly.


So the EU is forcing its ~~green religion dogma~~ taxation policies on US airlines flying in international airspace? Or is it just taxing the fuel that is burned while flying through EU airspace?  If the tax applies to all of the fuel that is burned, even that which is burned in international and US airspace, who gets the money?


"What do you ""better equipment than necessary""?   If I want a car that runs 300 miles on a battery charge, I don't want to put a battery that actually runs for 400 miles.  The only purpose of this ""trick"" by Tesla is to charge more money from consumers for what they already own and paid for.  > The side effect is longer battery life and the option to upgrade without needing service.  This my problem and choice as the car owner: if I ignore the warning from the car that I over-taxing the battery and will shorten it's life, then it's my choice.   And ""upgrade without service"" is ridiculous. It better to say ""unlocking existing features in the car you already own""."


If it turns out that you do want to help pay the tax bill (after answering all the questions above), I say cash out those funds. You are apparently very young with a long work life ahead (lucky you). Step aside from the actual money part of it for a moment. What does your Mom want? What do you really want to do about this? Is it from love that you want to help but are afraid it's a bad financial decision? Or is it from a feeling of duty and you deep down don't really want to spend your savings on Mom's tax bill. - If you really do want to help and you have the wherewithall to do so, then do it. Otherwise don't. You can recover financially. - I myself have had my retirement savings go to nearly zero 3 times. The first time I recovered pretty easily. The second time, not so easily. I'm just starting on the recovery path for the 3rd time at age 58 and I highly doubt I ever will recover this time. I didn't cash out on purpose but the stock market was not friendly. - My main point is to figure out truly what you want.


There are two very large negative factors that affect Yahoo's valuation.   The first is that their search business is in decline and continues to lose ground to Google and even Bing.  There's no sign that they have any plan or product in the works to offset this decline, so there's tremendous uncertainty about the company's forward-looking revenues. The second is that the company can't seem to decide what to do with its stake in Alibaba, clearly the company's most valuable asset.  It they sell it, the question then becomes what they plan to do with the proceeds.  Will they do share buybacks or offer a special dividend to reward investors?  Will they use some or all of the money to make strategic acquisitions that are revenue-enhancing?  Will they use it to develop new products/services?   Keep in mind one other thing here, too.  There's a world of difference between what something is valued at and what someone's willing to actually pay for it.  A patent portfolio is great and perhaps holds good value, assuming the buyer can find a way to monetize it.  How exactly was the valuation of the patents arrived at, and are they worthwhile enough for someone to pay anywhere close to that valuation?   There's more to this than meets the eye by using a first-blush look at asset valuation, and that's where the professionals come in.  My bet is that they have it right and there's something the rest of the market doesn't see or understand about it, hence questions like yours. I hope this helps. Good luck!


"> However, the reality is that we the minute we are born we benefit from living in a civilized society with services and infrastructure that was created by those who have paid taxes in the past.  I didn't ask for those services or that infrastructure. When I go to vote (especially on referendums) I vote no for things like increased sales taxes for better roads and the like  > Your example is faulty because it assumes you receive no benefit from the taxes that the government demands of you.  Ok, does that make it moral if I come to your house with a gun and handcuffs, if I use the $100 I take from you and spend $5 of it on a sandwich that you eat?  I'm not saying that things the government does aren't things that people need. Obviously people need to save for retirement and will need access to health care (SS/Medicare/Medicaid).  However,  a lot of these ""issues"" weren't really issues when they were implemented. They were also implemented in a very immoral manner.  Regardless of that, our argument is who can do what better.  > but that is what our elected leaders currently find of value.  That means absolutely nothing to me, and it should mean absolutely nothing to you.  Democracy is mob rule. Republic is near mob rule. In capitalism, my choice of product or service doesn't impede yours. I can choose Crest toothpaste and you can still get Colgate. I also have no ability to force you to buy Crest, at least no moral ability that is.  However, choices in a Democracy/Republic are. Not only when I vote for candidate A, and you vote for candidate B, are our choices mutually exclusive, they are literally saying I think you should be forced to live under their rule/my beliefs. Which is immoral. To force  someone to do anything is immoral, the only exception is if they put force upon you (self defense)  > I am not sure where that number is coming from. I know at one point JEIDDO by itself spent over $1T in R&D on the IED problem.  I said in the 2017 request, meaning 1 year.  I got that from here: http://comptroller.defense.gov/Portals/45/Documents/defbudget/fy2017/FY2017_Budget_Request_Overview_Book.pdf on page 5-1  I will add, that I didn't see previously that it is part of the RDT&E budget which is ""Research, Development, Test, & Evaluation, which is almost $72 billion. That number does eclipse the original $12.5 billion that I quoted. However, in comparison to the private sector, I only named a few companies. The total R&D spend is still going to be bigger in the private sector.  Just because you buddy use to work for people who made and designed drones for DOD/DTRA and now works for Amazon doesn't mean that without the military/DOD we wouldn't be where we are with drones.   > Bernie Sanders  This is just one article that I found rather quickly: https://www.vox.com/2016/3/4/11161616/bernie-sanders-tax-policy-center  A lot of my income comes from trading stocks, a lot of the times I use options (or as he puts it Wall Street Speculation)  The tax that he wants to impose on ""Wall Street Speculation"" was nothing more than fancy double speak for things like stock options/futures.  Options are used by most 401(k) managers, pension planers, etc. Those taxes would have hurt everybody. It would have made the stock market less price efficient and less liquid.  You know who it wouldn't have hurt? The people he intended to stop in the first place, people like George Soros. I believe it was in just 1 day Soros made over $1 billion by shorting the British Pound back in the 90's. I believe he also made a killing shorting if just before Brexit."


"I'd love to see how he thinks he can ""measure"" the financial world. You can only measure what you are allowed to see and Wall Street is only going to give you a certain percentage. The rest will throw your predictions way off, thus making this a fruitless endeavor. Welcome to the real world."


"You are confusing entirely unrelated things. First the ""profit distribution"" issue with Bob's S-Corp which is in fact tax evasion and will probably trigger a very nasty audit. Generally, if you're the sole employee of your own S-Corp, and the whole S-Corp income is from your own personal services, as defined by the IRS - there's no profit there. All the net income from such a S-Corp is subject to SE tax, either through payroll or through your K-1. Claiming anything else would be lying and IRS is notorious for going after people doing that. Second - the reclassification issue. The reason employers classify employees as contractors is to avoid payroll taxes (which the IRS gets through Bob's S-Corp, so it doesn't care) and providing benefits (that is Bob's problem, not the IRS). So in the scenario above, the IRS wouldn't care whose employee Bob is since Bob's S-Corp would have to pay all the same payroll taxes. The reclassification is an issue when employees are abused. See examples of Fedex drivers, where they're classified as contractors and are not getting any benefits, spend their own money on the truck and maintenance, etc. The employees are the ones who sued for reclassification, but in this case the IRS would be interested as well since a huge chunk of payroll taxes was not paid (driver's net is after car maintenance and payments, not before as it would be if he was salaried). So in your scenario reclassification is not as much a concern to Bob as his tax evasion scheme claiming earnings from performing personal services as ""profits from S-Corp"". A precedent to look at, as I mentioned elsewhere, would be the Watson v Commissioner case."


The standard answer I have heard is that if you were to purchase term life insurance and invest the difference between the cost of the policies, your investments would grow larger than the cash value of the insurance. Also when you take cash out of CVLI the insurance value drops by a like amount. So you can't have your cake and leave it to your heirs too. Either you get the cash value OR they get the insurance value. Hopefully, there could be some of both. Although I believe the philosophy of that answer I have two issues with it. First, you must be dedicated enough to invest the difference every month. I can imagine that might be tough to do consistently and if you take breaks from the investing will you still accumulate more than you would have with the insurance? Second, for the past couple of years all of my investments in mutual funds have lost value. My life insurance has continued to grow cash value over the same time period. Hmm, maybe there isn't a one size fits all solution. If you need a large amount of insurance, term life will certainly be more affordable. However, considering this as an investment I would not expect that to be a deciding factor. Good luck with your decision. It is great that at such a young age you are concerned about investments.


The stock market's principal justification is matching investors with investment opportunities.  That's only reasonably feasible with long-term investments.  High frequency traders are not interested in investments, they are interested in buying cheap and selling expensive.  Holding reasonably robust shares for longer binds their capital which is one reason the faster-paced business of dealing with options is popular instead.  So their main manner of operation is leeching off actually occuring investments by letting the investors pay more than the recipients of the investments receive. By now, the majority of stock market business is indirect and tries guessing where the money goes rather than where the business goes. For one thing, this leads to the stock market's evaluations being largely inflated over the actual underlying committed deals happening.  And as the commitment to an investment becomes rare, the market becomes more volatile and instable: it's money running in circles. Fast trading is about running in front of where the money goes, anticipating the market.  But if there is no actual market to anticipate, only people running before the imagination of other people running before money, the net payout converges to zero as the ratio of serious actual investments in tangible targets declines. By and large, high frequency trading converges to a Ponzi scheme, and you try being among the winners of such a scheme.  But there are a whole lot of people competing here, and essentially the net payoff is close to zero due to the large volumes in circulation as opposed to what ends up in actual tangible investments. It's a completely different game with different rules riding on the original idea of a stock market.  So you have to figure out what your money should be doing according to your plans.


If youre fifteen... Id actually recommend starting with some economics, just to understand the business decision making process. Mystery of Capital by Hernando de Soto is excellent. An online course from anywhere would be cool too.   Then, case studies are excellent as well. It depends on what you want to use ths for. Sales? Yeah, how to win friends and influence people, totally. A macro scale understanding, take the route I took.


Generating a Printable Scrapbooking Calendars consultations is a great method that you can talk about together with your Kids. They’ll also make amazing demonstrates for family about Christmas time as a brand new season will probably be only some times after.


I agree.   I cant think of a heavily unionised company that is succeeding. Their staffing costs tend to be too high. This ultimately leads to everyone losing their jobs. In the UK at least, unions have brought nothing good to the table for years, just strikes and ridiculous demands.


"...Tell this to a professional or let's say a consultant in the real world, and they'll shake their head and walk away, realizing your knowledge is akin to a child in this context.    Equifax does not represent corporate America.  It's in a heavily regulated industry and credit bureaus essentially have immunity.    People scream bloody murder about enterprises like Amazon & Google taking over the world, but what they've accomplished has continually added more value to the end customer.  Why?    Because they have to continue to server their customers better as there's plenty of competitive forces to continue motivating them to do better.    There's quite a few reasons why CEOs ""step down"" or ""retire"" when the intention is not much different than firing.  For one, CEOs are under contracts generally, and those contracts present a lot of legal risk that can backfire.    If the CEO isn't too happy and feels a grudge, he can bring a lawsuit that brings more public embarrassment, gets messy, and even if the company has the stronger case, it doesn't just get resolved easily.  So study why they're labeled as ""retirements"" to understand what needs to be fixed instead of whining corporate America is evil and doesn't give a shit.  Everyone gives a shit about surviving."


I've never understood why the auditing procedure is privatized in the first-place.  The conflicts of interest seem much too inevitable.  Shouldn't the SEC or some other governing body perform the audits?    If an accounting firm's bottom-line is profit and not objective analysis, how can we expect it to not to ignore things here and there if it is good for business?


Around 22 million bitcoin maximum. I can't remember full details but it's designed to dish out 12.5 coins every 10 minutes on average. Sometimes it might be 10 seconds, sometimes an hour, and half every 4 years until 22 million it just halved so in about 3.5 years you will get 6.25. Now to SEND bitcoin you can bribe miners and pay a few cents to jump the line, so you get your 12.5 + the donated coin.   As for eth it's confusing shit. Bitcoin is like a virtual dollar, eth you can 'transform' into other things to do things I don't know what it's for. Research 'dao' and eth. Dao was some sort of contract system using eth.


"Taking out your equity when refinancing means that you take out a new loan for the full value of your house (perhaps less 20% as a down payment on the new mortgage, otherwise you'll be paying insurance), pay off your old lender, and keep the rest for yourself. The result is much the same as using as a HELOC or home equity loan (or a second mortgage), except it's all rolled into a single new mortgage. The advantage is that the interest rate on a first mortgage is going to be lower than on HELOC or equivalent, and the equity requirements may be lower (e.g. a HELOC may only let you borrow against the amount of equity that exceeds 25% or 30%, while a new mortgage will require you only to have 20% equity).  This is especially attractive to those whose homes have appreciated significantly since they bought them, especially if they have a lot of high-interest debt (e.g. credit cards) they want to pay off. Of course, rolling credit card debt into a 30-year mortgage isn't actually paying it off, but the monthly payments will be a lot lower, and if you're lucky and your home appreciates further, you can pay it off fully when you sell the property and still have paid a lot less interest. The downside is that you have turned unsecured debt into secured debt, which puts your home at risk if you find yourself unable to pay. In your case, you don't yet have even 20% equity in your home, so I wouldn't recommend this.  :-) Equity is simply the difference between the amount you still owe on your home and the amount you'd get if you were to sell it. Until you do sell it, this amount is tentative, based on the original purchase price and, perhaps, an intervening appraisal that shows that the property has appreciated. That is really all that it is and there's nothing magic about it, except that since you own your home, you have equity in it, while as a renter, you would not. It used to be (decades ago, when you needed 20% down to get a mortgage) that selling was the only time you'd be able to do anything with the equity in your home. Now you can ""take it out"" as described above (or borrow against it) thanks to various financial products. It is sometimes tempting to consider equity roughly equivalent to ""profit."" But some of it is your own money, contributed through the down payment, your monthly principal payment, and improvements you have made -- so ""cashing out"" isn't all profit, it's partly just you getting your own money back. And there are many additional expenses involved in owning a home, such as interest, property taxes, maintenance, utilities, and various fees, not to mention the commissions when you buy or sell, which the equity calculation doesn't consider. Increasing equity reflects that you own a desirable property in a desirable location, that you have maintained and maybe even improved it, that you are financially responsible (i.e., paying your mortgage, taxes, etc.), and that your financial interests are aligned with your neighbors. All those things feel pretty good, and they should. Otherwise, it is just a number that the banks will sometimes let you borrow against.  :-)"


By no means is this a comprehensive list, but a few items to consider:


Yes they do.  CO2 goes in, O2 comes out.  Where does the C go?  It gets bound up in the tissues of the tree.  When the tree rots, the C is released.  Same thing if you burn the tree, just faster.


"I remember when I went and bought my iPod at Bestbuy 4 or 5 years ago. Offered me a warranty and when I said no to the cashier she told me ""You'll be sorry."" Yeah, 5 years later and many drops and nicks and scratches, it's still working like a beast."


No matter what you may be looking for, chances are, you will find it at Deal Ninja. And, that too at a price that will simply amaze you. An important thing to remember in this context is that none of the products sold here are actually manufactured by Deal Ninja.


Amazon isn't even remotely near what Microsoft had.  Microsoft had a 95% plus share of the Operating System market. Amazon doesn't even have 1% of total retail sales. This is a preposterous assertion. Total US retail sales were $5 trillion last year. You're seriously claiming Amazon is attempting to monopolize that industry? Amazon had $150 billion in sales last year.   This is the dumbest claim I have literally ever seen in my life.


The only problem with a mind upload is that it's not really _this_ you that gets moved, it's an exact duplicate of you that will think the transfer was successful. You'll still be trapped in your meat bag scheduled for dissolution.


Do you need the car, or is this an optional purchase for you?  Do you currently have a car that is in good working order? If you can continue to save for the car instead of buying now, you'll be getting interest on what you've saved -- and that's a lot better than 0% financing.


DO contact the bank immediately. Many of them may be able to help you but have time limits, if you wait too long they can't cancel it. They might not, but it's always worth trying. In addition, set alerts on your son's account, if over $X amount of money is spent it will alert you. For example if he spends more than $100, you'll get an email and you can verify with him.


Average weekday boardings were ~66,000. Your assumption only kinda makes sense if all of these people were driving cars before the light rail, none of them are taking multiple trips a day even a round trip, and all of them pay their full fare making the light rail perhaps worth the money (all of which are not possible).   Even with the light rail, Seattle public transit sucks. I can’t believe that is even a conversation.


Trying to forcefully reclaim the money will ruin the relationship.  In general it's bad practice to loan money to family.


I don't think that you'll notice a difference in the NAV in a fund with fees that are low as the Vanguard Total Stock Market Fund. Their management fees are incorporated into the NAV, but keep in mind that the fund has a total of $144 billion in assets, with $66 billion in the investor class. The actual fees represent a tiny fraction of the NAV, and may only show up at all on the day they assess the fees. With Vanguard total stock market, you notice the fee difference in the distributions. In the example of Vanguard Total Stock Market, there are institutional-class shares (like VITPX with a minimum investment of $200M) with still lower costs -- as low as 0.0250% vs. 0.18% for the investor class. You will notice a different NAV and distributions for that fund, but there may be other reasons for the variation that I'm not familar with, as I'm not an institutional investor.


Yes, you can transfer money to your account, any bank will do it. The conversion charges will be there i.e. the diff between USD and the rate at which the bank sells it, usually Rs. 2/-, appx. In addition, transaction charge (not very high). As for taking from friends & repaying in India, check UAE tax treatement for taking money from friends (is it considered as your income & are you liable for taxes). As for giving back, get some documentation done as a loan, otherwise your friends may be considered to be taking gift/consideration/income from you and taxed. Most straight forward way is to transfer the money from your mother's account.


"Yes ROI is legitimate, in my opinion.  My old boss used to say 'change the paradigm' all the time though, and only used it when someone came to him with a problem and he didn't want to deal with it.  ""Bob, we have a problem with XYZ""  ""No no no, change the paradigm.  This is an opportunity for you to shine.  Go get em!""  Maybe my experience with a horrible, horrible boss that abused a lot of these phrases and thought he was Jack Welch's long lost son just made me bitter any time I see marketing bullshit. :)"