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591152

"> Any additional questions, objections, or ""misunderstanding"" on your side in regards to this subject? No, I totally understand. Everything that President Trump promised you is going to happen. > I even asks for specifics and you did not (and cannot) name any! Oh, you got me. It can't be real if I don't have specifics. > Hunger will not occur because warmer weather and more rain is just even more food. We're going to have farming in Phoenix! > You actually also believe that ""Russians!"" are responsible for Trump in addition to all the terrible things you believe about Trump. Yes, it is the Russians who are hacking his teleprompters and Twitter feed."

591157

Sale of a stock creates a capital gain. It can be offset with losses, up to $3000 more than the gains. It can be deferred when held within a retirement account. When you gift appreciated stock, the basis follows. So when I gifted my daughter's trust shares, there was still tax due upon sale. The kiddy tax helped reduce but not eliminate it. And there was no quotes around ownership. The money is gone, her account is for college. No 1031 exchange exists for stock.

591163

Lenders pay attention to where your down payment money comes from. If they see a large transfer of money into your bank account within about a year before your purchase, this WILL cause an issue for you. Down payments are not just there to make the principal smaller; they are primarily used as an underwriting data-point to assess your quality as a borrower. If you take the money as loan, it will count against your credit worthiness. If you take the money as a gift, it will raise some other red flags. All of this is done for a reason: if you can't get a down payment, you are a higher credit risk (poor discipline, lack of consistent income), even if you can (currently) pay the monthly cost of a mortgage. (PS - The cost of home ownership is much higher than the monthly mortgage payment.) Will all this mean you WON'T get a loan? Of course not. You can almost always get SOME loan. But it will likely be at a higher rate than you otherwise would qualify for if you just waited a little bit and saved money for a down payment. (Another option: cheaper house.) EDIT: The below comments provide examples where gifts were/are NOT a problem. My experience from buying a house just a few years ago (and my several friends who bought house in the same period, some with family gifts and some without) is that it IS an issue. Your best bet is to TALK, IN PERSON with an actual mortgage broker in your area who can go through the options with you, and the downsides to various approaches.

591168

"You have a few options: Option #1 - Leave the money where it is If your balance is over $5k - you should be able to leave the money in your former-employer's 401(k). The money will stay there and continue to be invested in the funds that you elect to invest in. You should at the very least be receiving quarterly statements for the account. Even better - you should have access to some type of an online account where you can transfer your investments, rebalance your account, conform to target, etc. If you do not have online account access than I'm sure you can still transfer investments and make trades via a paper form. Just reach out to the 401(k) TPA or Recordkeeper that administers your plan. Their contact info is on the quarterly statements you should be receiving. Option #2 - Rollover the money into your current employer's 401(k) plan. This is the option that I tend to recommend the most. Roll the money over into your current employer's 401(k) plan - this way all the money is in the same place and is invested in the funds that you elect. Let's say you wanted to transfer your investments to a new fund lineup. Right now - you have to fill out the paperwork or go through the online process twice (for both accounts). Moving the money to your current-employer's plan and having all the money in the same place eliminates this redundancy, and allows you to make one simple transfer of all your assets. Option #3 - Roll the money from your former-employer's plan into an IRA. This is a cool option, because now you have a new IRA with a new set of dollar limits. You can roll the money into a separate IRA - and contribute an additional $5,500 (or $6,500 if you are 50+ years of age). So this is cool because it gives you a chance to save even more for retirement. Many IRA companies give you a ""sign on bonus"" where if you rollover your former-employers 401(k)...they will give you a bonus (typically a few hundred bucks - but hey its free money!). Other things to note: Take a look at your plan document from your former-employer's 401(k) plan. Take a look at the fees. Compare the fees to your current-employer's plan. There could be a chance that the fees from your former-employer's plan are much higher than your current-employer. So this would just be yet another reason to move the money to your current-employer's plan. Don't forget you most likely have a financial advisor that oversees your current-employer's 401(k) plan. This financial advisor also probably takes fees from your account. So use his services! You are probably already paying for it! Talk to your HR at your employer and ask who the investment advisor is. Call the advisor and set up an appointment to talk about your retirement and financial goals. Ask him for his advice - its always nice talking to someone with experience face to face. Good luck with everything!"

591171

Maybe he is dying and his kids have said they don't want to take control. So he negotiates the deal now so he can live out his days and feel comfortable the company who has it will take it in directions he'd prefer it to go. It's Disney so they will stay family friendly vs another company that may have gone R .

591174

Hungarian Games provide the best party halls service in the UAE. We provide world class, comprehensive services and perfect for any sort of occasions like large wedding receptions, birthday party, and cheap party halls uae and any other social gathering. Our best offer exquisite food and beverages as well. You will have to consider some hall that has a party venue plus takes care of the food and all top details.

591188

Multiple instances of the same item probably aren't counted, so you're thinking too specifically while I am referring to general trends. I would quite comfortably bet that the average person has not purchased more than 1500 unique brands or visited more than 1500 unique domains.

591194

There are lots of provisos, but in general you are correct. The provisos, off the top of my head: The only fees will be any brokerage fees when you purchase the stock. I haven't seen any handling fees when you get the dividend, but it may depend on how you hold the stock.

591223

actually I don't mind at all. I am still playing the last word game really. You are the one attempting to make salient points. I made it clear long ago my intention was to make light of this from here on. How LOW can we go!?

591229

I would make a change to the answer from olchauvin: If you buy a call, that's because you expect that the value of call options will go up. So if you still think that options prices will go up, then a sell-off in the stock may be a good point to buy more calls for cheaper. It would be your call at that point (no pun intended). Here is some theory which may help. An options trader in a bank would say that the value of a call option can go up for two reasons: The VIX index is a measure of the levels of implied volatility, so you could intuitively say that when you trade options you are taking a view on two components: the underlying stock, and the level of the VIX index. Importantly, as you get closer to the expiry date this second effect diminishes: big jumps up in the VIX will produce smaller increases in the value of the call option. Taking this point to its limit, at maturity the value of the call option is only dependent on the price of the underlying stock. An options trader would say that the vega of a call option decreases as it gets closer to expiry. A consequence of this is that if pure options traders are naturally less inclined to buy and hold to expiry (because otherwise they would really just be taking a view on the stock price rather than the stock price & the implied volatility surface). Trading options without thinking too much about implied volatities is of course a valid strategy -- maybe you just use them because you will automatically have a mechanism which limits losses on your positions. But I am just trying to give you an impression of the bigger picture.

591230

No, and using a 37 year old formula in finance that is as simple as: should make it obvious technical analysis is more of a game for retail traders than investment advice. When it comes to currencies, there are a myriad of macroeconomic occurrences that do not follow a predictable timescale. Using indicators like RSI on any time frame will not magically illuminate broad human psychology and give you an edge. It is theoretically possible for a single public stock's price to be driven by a range of technical traders who all buy at RSI 30 and sell at RSI 70, after becoming a favorite stock on social media, but it is infinitely more likely for all market participants to have completely different goals.

591244

"Well, the real problem here is that when the government (or really any entity) controls education (especially on a widespread but centralized basis) it means that everyone is trained to think alike. And as the saying goes: when everyone is thinking the same thing... no one is really thinking at all. Education is inherently a system of indoctrination (doctrine = ""teaching"") -- that's really NOT a radical statement, nor is it some ""conspiracy theory"" -- it's really just tautological, saying the same thing in two different forms (though obviously one seems more ominous than the other). For example when people talk about the need for kids to be ""properly socialized"" via attending public schools -- what they are really saying (whether they realize it or not) -- is that they believe ALL children should be ""molded"" into accepting & regurgitating the *currently dominant* socio-political dogma. Far from creating critical thinkers, or from promoting ""diversity"", it really achieves the opposite, facilitating a mindless conformity (which ironically *might* even include a ""rebellious"" conformity, though it remains a conformity nonetheless) -- what is lost is truly innovative independent minds. *(And the proof of this will be demonstrated by the ""herd/hivemind"" that will downvote this post.)*"

591247

I believe you are missing knowledge of how to conduct a ratio analysis. Understanding liquidity ratios, specifically the quick or acid-test ratio will be of interest and help your understanding. http://www.investopedia.com/terms/a/acidtest.asp Help with conducting a ratio analysis. http://www.demonstratingvalue.org/resources/financial-ratio-analysis Finally, after working through the definitions, this website will be of use. https://www.stock-analysis-on.net/NYSE/Company/Exxon-Mobil-Corp/Ratios/Liquidity

591252

I wouldn't think so. If you read the list of features listed on the page you referred to, notice: Track Stocks It looks like it is restricted to the major U.S. stock markets. No mention of India's NSE.

591260

I am sure the foot soldiers are hardworking honest people the problem is as you go up the ranks, it gets dirtier. Check into how Greece got into the position it is in today. Also look into CDOs and the sub prime collapse and who profited from it. Check out how incestuous the relationship is between top staff at Goldman and financial regulation bodies.

591274

Q4 earning should be priced in by now, I would be more betting on Amazon making more acquisitions come 2018, which have generally been value adding for them so far. 20% return over the next year is not outlandish.

591287

The store of our childhood... where you were bored out of your mind because the toy aisle sucked ass and your dad would spend 3 hours looking at grills while your mom looked at washing machines. At least Blockbuster was fun.

591301

>apologies if it seemed that way It didn't, I was only clarifying my intentions. And congratulations on your achievements... it always amazes me that two people can share an idea but one can be so much more passionate about it. I guess I need to focus more on what's important to me!

591303

"are you implying that employees with families, a desire for personal time, any degree of physical/mental ailment, are ""bad employees"". good AND bad employees are a risk when they are treated poorly with complete disregard. by enslaving the standard worker to a non-livable wage in which they cannot even afford to take time off you are virtually ensuring that no corresponding value can be added to the system except by those who are well off. I responded to another post in this thread asking what the minimum wage should cover. and i ask the same to you. what do you believe that index should be. by your logic, even slavery can be considered the index."

591312

"> AMERICA is growing, Western Europe is stagnant, China and most of East Asia is expanding relatively quickly So staring into the face of evidence from his own intro context that generally the more active fiscal intervention since the GFC, the better economies have fared, the author proceeds to prognosticate about impending doom for the Chinese if they don't conclusively switch & stick to austerity and ignore growth to focus on hidden inflation monsters. For the US somehow everything comes down to fed monetary policy, despite the fact that 4 years of the fed's alphabet soup programs without any fiscal assistance from congress hasn't kicked the US back into preferred growth and GDP is seeming to slow back down toward recession/stagnation. And finally the eurozone is apparently most plagued by ""overblown public debt"" and government spending somehow ""crowding out"" investment that just wishes it had the chance to invest if those pesky profligate politicians would get out of the way, and maybe the countries should fork over their economic sovereignty to the ECB so they can be structurally reformed (bloodletting/grave robbing). Just my opinion, this whole article seems like shitty oldschool/backward economic views coming out of academic economics, likely angling to be a ['very serious person' in ECB bureaucratic/advisory politics](http://www.geopolitical-info.com/en/expert/professor-enrico-colombatto). The lack of being able to comprehend & adjust to real world results is just sad."

591313

Short Answer: Length of Time invested and risk should be correlated. From what I am hearing this is pretty good game plan for your age. Minutia: Once you get closer to retirement lets say in 20 years. You might want to treat two lumps of money with different risk. For me at 49 I have a lump of money for 55-70 that carries a lot less risk then another lump of money for when I hit 80. This way I can wait and take Social Security at 70 when it pays the most per month. Then I'll have another pile of money for when my care costs start being very expensive. Or I think most people would benefit from making sure you have the funds you need for the next 5 years in items with extremely low risk and funds you need 6 years out or more you can have some risk tolerance there. Best laid plans though.

591318

One reason is wealthy families use this to avoid taxes and gift money without hitting the million dollar life time giving limit. In some states one can even hold an LLC without anyone but the owners attorney knowing who owns the LLC. This is also used by people who want their wealth kept private not just for hiding illicit funds.

591319

These issues have probably been part of IBM's computing security standards for some time. I'd imagine it just makes news when specific situations such as Dropbox or Siri get called out. Most major companies have similar policies regarding their data. Encrypt your disks. Don't store stuff on non-company servers. Etc.

591320

Meh, that's good for pain if that works, but that's a relatively small market compared to pharmaceuticals from a business perspective, much lower profit margins because anyone can grow it. It's a highly competitive field, and as soon as it becomes legal federally you know that Altria and other huge corporations are going to be able to sell it and put the small producers out of business. Many great minds also never did drugs. Again, I'm just going by my experiences, and none of the smart/successful people at my company or in my group of friends smoke pot.

591323

"The catch with any exchange service is that you're going to involve some sort of business and they're going to want to get paid for their service. These services all come with their own exchange rates, fees, waiting periods, or requirements to even use said service. Commonly, pros towards one of those comes at the cost of another— e.g. fast transfers have higher fees or worse exchange rates. Over the past few months I needed a service and ended up using USForex. Since you're going from CAD to USD, you'd likely need to use CanadianForex. Pros: Cons: Overall, this option was far better than the $97.00 I was quoted from WesternUnion; or the $25.00-45.00 I was quoted from BMO Harris, which would have required I open a saving account with them. I wasn't provided a clean exchange rate between these two to know how all three compared. The only bit of advice I can say with any service is compare exchange rates. If you're transferring more than a few hundred dollars, the exchange rate can be seen as a ""hidden"" fee when it's unreasonably low. I'm not affiliated with or accommodated by any of the exchange services mentioned."

591325

I was just wondering if the managers of big index funds use automation to balance the stocks and so on. To me it seems like a ton of work for a human but pretty easy to automate. sry for my bad english

591333

It's up to him to provide for himself. Hiring a hitman(Govt) to steal for him is not moral. Just because you have modest skills and work full time doesn't mean you are increasing productivity and filling a customer need. That is why it's up to a free and mutual agreement between two people to determine your income. This will grow the pie and increase standard of living for all. Otherwise if we steal from an engineer (who increases productivity) and give it to a modestly skilled full time dog walker (doesn't increase productivity) then people will just walk dogs instead of innovating new things that will increase all of our standard of livings.

591334

Looks like a hard call if they waived their immunity. However it seems a bad precedent to allow something like that to have effect. Won't a subsequent change of leadership occur with them renouncing the recklessness of the previous leadership? Then you have a US judge in the middle of this with pictures of kids starving and old people going without medical care. We work hard for the average Joe in other countries to have a good opinion of the US. American servicemen have been in harm's way for this. Why let Wall Street have its way here?

591344

Yeah true that. Counseling people to avoid the negatives has been more beneficial in my life than great recommendations. Even one mistake and you're up shit's creek. And I will say I have the knowledge to help people to avoid mistakes, but sometimes it devolves into mud slinging (unfortunately). If this wasn't a new account then it might give you an indication of how I've done this in the past. Most of the time it takes too much explaining to get people up to speed though. A word to the wise: I'd recommend being open to switching industries. Everyone in finance is pretty toxic and all ended up there because of money. End up chasing the CFA (cancer distilled into three exams), grad school, nonsense corporate jobs, or the dream in high finance/small shops where the founders don't think they need another smart hard-working person. Even if if it's obvious they do. I remember reaching out and counseling a firm on selling a position that I felt was really stupid. It was not at all in line with their investing objectives and also was one I would never touch. The guy actually agreed with me, didn't hire me (I was after a job), didn't sell the position, and lost them approx. $12 million within 12 months with my math on their 13-F's. I only reach out to firms I respect, which works out to about 1 firm per 100k people in population from what I've seen (in a city like Pittsburgh this was only 4 shops). That means there are maybe 200 people in the US who would make a hiring decision on me for what I like to do. But I've stopped playing that game. I now run a healthcare business I started. It was hard as hell to open but I now run circles around people because nobody actually is in the business of the industry. The doctors, nurses, etc. are all extremely bright - just not in my area. Makes for a much more fun workday.

591345

> It's obvious when a company does this they don't even care how the food tastes, it's just a cynical attempt to save money with the hope that customers are too dumb to taste the difference. The old [Schlitz beer scenario](http://en.wikipedia.org/wiki/Schlitz_beer#Decline_in_status_and_sale_to_Stroh). They quickly destroyed a valuable and successful 100+ year-old brand with penny-pinching.

591357

The LLC is paying you. It would only be fraudulent if you were trying to move the money out of the LLC to avoid a liability. I'm pretty sure the transaction will be taxable income for you personally. Consider consulting with a CPA to ensure that you're doing the proper record keeping and to get advice on the best way to minimize tax burden while achieving your goals.

591369

This is no big deal, IMO. The only real advantage is that I can think of is that if oil is priced in your currency then you're not subject to foreign currency fluctuations dictating your energy costs. In the short term USD has been falling. If this trend continues and oil switches to yuan, then our energy will become more expensive.

591374

I've had a business for 22 years. I've never been approached by the BBB nor do I have a listing with them, which actually means no one has sent in a complaint about us. I think I'd rather be a business no one complains about.

591377

"For the USA part of the equation the ""fair market value"" is the value at the time you inherited it (time of death), and thus there is no capital gain."

591383

If they're not matching, and their profit-sharing has nothing to do with how much you invest, then I'd say don't bother with the company 401k at all. If you need to at least have an account open to get the profit sharing, then contribute the bare minimum. Having your retirement account through your company forces you to follow their standards, choose from their funds, use their broker, etc. It also means that when you leave the company, you either have to move your money anyway, or else have an account through a company you don't work for, which I wouldn't feel all that comfortable doing anyway. If you open a retirement account through your bank or a private financial planner, then it's yours, and you can contribute what you want, when you want, and buy the securities that you want. Your account executive is there to service you, not your company.

591385

"Your employer should send you a statement with this information. If they didn't, you should still be able to find it through E*Trade. Navigate to: Trading & Portfolios>Portfolios. Select the stock plan account. Under ""Restricted Stock"", you should see a list of your grants. If you click on the grant in question, you should see a breakdown of how many shares were vested and released by date. It will also tell you the cost basis per share and the amount of taxes withheld. You calculate your cost basis by multiplying the number of released shares by the cost basis per share. You can ignore the ordinary income tax and taxes withheld since they will already have been included on your W2 earnings and withholdings. Really all you need to do is report the capital gain or loss from the cost basis (which if you sold right away will be rather small)."

591388

Neither. Keep in mind that while you're on a payment plan with the IRS, you pay much lower interest than what you'd pay for a credit card debt. I suggest sticking to your payment plan and paying it off without incurring additional debt or rolling it over to credit cards.

591394

I thank you for that. But I respectfully disagree. If his realm of operations were limited to universities I could possibly agree, which Krugman could surely have done. But now he is in a much more public position and uses his credibility to try to work changes in attitudes and social structures. His public credibility is his livelihood.

591395

Haha the work conditions in NYC sound kind of fun actually, I like all nighters. I work better under stress. ADD is a contributing factor to that, but that's a story for another day folks! But I'm wondering... Does it matter if I get my diploma from Canada and not the US if I go to WS? Will WS HR people look down on a UofT degree? Not everyone has 100k in their bank account! I'm wondering also what's the HEC Montreal's reputation when it comes to their MFE? Any opinions on that? We here very good things about them in Montreal, but does the reputation transfer elsewhere?

591403

Real question: Besides just doing what pharma companies do normally, which is raising prices astronomically for drugs which have no generics available, was he really the bad guy in other terms or did he just come off as a massive dickhead?

591408

">""One of the biggest lies in capitalism,"" says Eliot Spitzer, ""is that companies like competition. They don't. Nobody likes competition."" I am suspicious that Mr. Spitzer produced both the original statement *and* argued against it, because that sounds ridiculous. ""One of the biggest lies in physics,"" says wadcann, ""is that water flows uphill. It doesn't. Water flows downhill."""

591416

"No functional difference. Only impression/convenience. ""Business checks"" are checks in larger format (8"" instead of the regular 5"" checks), they can be from your personal account just as well. I didn't have any problem using the small ""individual""-standard checks for my company (I actually did get them for free from Wells Fargo, but that was a gesture, not by policy)."

591436

You can purchase stock immediately in the open market on the day of the IPO when market opens. Below link gives you more information. http://finance.zacks.com/buy-ipo-stock-3903.html

591454

Is it possible her husband obtained a card from a bank overseas? Unlikely. A Bank overseas generally will not issue such cards. Is that why she can't find it on the credit report? The data sent to Credit Bureau is periodic and not immediate. At times it may take a month or more for a Bank to start reporting the new card to Credit Agencies. If he got the card recently, she has a freeze in effect and no bank can issue a card in her name without her approval. Possibly timing issue. i.e. the freeze was put after card company pulled the report and approved. It may take sometime to dispatch a new card. So it could be that her husband applied for this card previously before the freeze was put in place.

591461

"I recommend you take a look at this lecture (really, the whole series is enlightening), from Swenson. He identifies 3 sources of returns: diversification, timing and selection. He appears to discard timing and selection as impossible. A student kinda calls him out on this. Diversification reduces risk, not increase returns. It turns out they did time the market, by shorting .com's before the bubble, and real estate just before the downturn. In 1990, Yale started a ""Absolute Return"" unit and allocated like 15 percent to it, mostly by selling US equities, that specializes in these sorts of hedging moves. As for why you might employ managers for specific areas, consider that the expense ratio Wall Street charges you or me still represent a very nice salary when applied to the billions in Yale's portfolio. So they hire internally to reduce expenses, and I'm sure they're kept busy. They also need people to sell off assets to maintain ratios, and figuring out which ones to sell might take specialized knowledge. Finally, in some areas, you functionally cannot invest without management. For example, Yale has a substantial allocation in private equity, and by definition that doesn't trade on the open market. The other thing you should consider is that for all its diversification, Yale lost 25 percent of their portfolio in 2009. For a technique that's supposed to reduce volatility, they seem to have a large range of returns over the past five years."

591495

"Your 401K (and IRA) is a legally distinct entity from yourself. In fact, it is a ""trust,"" and your Administrator is a ""trustee,"" while you are both creator and benefactor. This fact, and the 10% early withdrawal penalty, makes it immune from most judgments. The IRS can ""levy"" your 401K or IRA for back taxes, but must waive the 10% penalty (under the 1997 Tax Reform law). That gives them the power to do what most others can't. A ""tricky"" banker may persuade you to take money out of your 401K to pay the bank. If you do, s/he has won. But s/he can't go after your 401k."

591512

I think your getting at the fact that 50% of marriages end in divorce, but I don't think that means it's 50/50 for every relationship. I haven't seen the numbers but I'd bet there's trends related to wealth, prior home life, etc.

591516

I just want to point out a couple of things, and I do not have enough reputation to comment. Saving 50% is totally possible. I know people saving 65%. For more see here EDIT: Let me repeat that 4% it the maximum you can assume if you want to be sure to have at least that return in the long term. It's not the average, it's the minimum, the value you can expect and plan with. Just to reinforce the claim, I can cite Irrational Exuberance of Robert Schiller, who explicitly says, on page 135 of the 2015 edition, that from January 1966 to January 1992 the real annual return was just 4.1%. Sure, this does not matter so much if you are investing all the way through, but it's still a 26 year period.

591523

"http://www.darkreading.com/attacks-breaches/the-7-most-significant-government-data-breaches/d/d-id/1327468 ""What makes the government breaches more significant though is the kind of information involved. In a majority of cases, government breaches involved personally identifying data, such as names, Social Security numbers, and birthdates, the loss of which have substantially greater consequences for victims than breaches involving loss of credit card data or email account information. In a few cases, the breaches involved loss of top secret and highly confidential data of national security value."""

591529

"From your description, the taxes may have been withheld incorrectly. You were most likely a nonresident alien during your entire stay. ""Teachers and trainees"", which include anyone on J status who is not a student, are ""exempt individuals"" (exempt from the Substantial Presence Test) unless they have already been an exempt individual during any part of 2 of the prior 6 calendar years. So if you haven't been in the U.S. as an F-1, J-1, etc. for at least 6-7 years before you came on J-1 this time, the first two calendar years of your time on J-1 this time does not count towards the Substantial Presence Test. You said you were there for 18 months. That stretches over either 2 or 3 calendar years. The first two calendar years of it would be exempt from the SPT; even if it stretched into a third calendar year, an 18-month period could not stretch for more than 6 months into a 3rd calendar year; so even in that case you would still not meet the Substantial Presence Test for the 3rd year. Since you do not meet the Subtantial Presence Test during any of those years, you were a nonresident alien for all of those years (unless you decided to file jointly with a resident spouse or something). Nonresident aliens on J-1 are exempt from FICA taxes (Social Security tax and Medicare tax) for employment as a researcher that you were authorized to do on your J-1. They should not have withheld FICA taxes from you. You should have informed them at the beginning when you initially noticed that they did, because it is a huge pain to get it back afterwards. For FICA taxes withheld in error, you can first ask the employer to refund them; and, if that fails, get a written statement of their refusal and then file Form 843 and Form 8316 with the IRS. However, given that IRS is very underfunded these days, expect it to take a long time to hear back if you ever hear back."

591534

"In a way yes but I doubt you'd want that. A ""Stop-Limit"" order has both stop and limit components to it but I doubt this gives you what you want. In your example, if the stock falls to $1/share then the limit order of $3/share would be triggered but this isn't quite what I'd think you'd want to see. I'd suggest considering having 2 orders: A stop order to limit losses and a limit order to sell that are separate rather than fusing them together that likely isn't going to work."

591546

"The goal is to understand the movements of the market as a whole and understand the fortunes of every investor in the S&P. As for why it isn't price-weighted, it is because price is a complely arbitrary notion, whereas market cap is at least ""real"" in some sense. Imagine Berkshire Hathaway vs Apple. In the S&P, Apple takes up about 75% more of the index because it's market cap is 796B, compared to 452B for Berkshire. This makes intuitive sense. Apple is ""worth"" 75% more, so it takes up that much more of the index. Now lets look at price. In a price weighted index of only those two stocks, Apple, with a stock price of 154.12 would take up .06% compared to Berkshire Hathaway at 99.94% due to its 274,740 stock price. The only difference is Apple has WAY more shares outstanding. Nothing of economic value (other than a bit of liquidity) is captured in a price-weighted index."

591558

Generally, the answer to the availability of holdings of a given mutual fund on a daily basis is no. Thus, an API is non-existent. The reasons for the lack of transparency on a daily basis is that it could/would impact the portfolio managers ability to trade. While this information would not necessarily permit individuals from front running the fund manager's trades, it does give insight in to the market outlook and strategy the fund is employing. The closest you'll be able to get to obtaining a list of holdings is by reading the most recent annual report and the quarterly filings each fund is required to file with the SEC.

591566

"Could the individual [directly] use the credit cards for the down-payment? No, not directly. Indirectly, either via Cash Advance or ""Balance Transfer"" to a bank account with a promotional rate could work, however you may have to show the money sitting in a bank account and ready to go before the loan will be approved, which means the money you took out on the credit cards will show up when they pull your credit (unless you somehow timed it perfectly, and even if you did that you'd be breaking the law by lying on the disclosure statement about your current debts.) If he could, are there any negative consequences from doing so (other than probable high monthly payments on the cards)? Definitely. Let's assume we're talking about the indirect method of cash advance or balance transfer, since that is actually possible. There are 3 things to compare: Final thought: Most of the time the rate you pay on a non-mortgage loan will be higher than that of the mortgage, and furthermore mortgage interest is oftentimes tax deductible, so it would rarely ever make sense to shift would-be mortgage debt into another type of loan, down payment or otherwise."

591584

"Thats easy: My direct manager, the Director of IT, 1. Does not micromanage. Meaning he treats me like an adult who knows how to get things done. I never ever feel bad about watching cat videos, browsing reddit, or facebook while at work. He lets me do my thing and in return i actually get things done because i dont feel his hot breath on my neck 2. He totally promotes an atmosphere of open door. I know i can walk up to him and tell him i have a problem with him or another It person just as much as anyone else. If i think he made a bad call on something or something doesnt feel right about policy, equipment, etc he is really understanding and objective 3. He buys everyone beer all the time. the CEO (who is flipping awesome let me tell you) 1. She has made it her literal (and i mean literal) #1 goal to make our workplace and our employees happy. not just satisfied, but really really truely happy to come to work. I have heard myself more than once mentally saying ""yes, i get to go to work today"". 2. our core values are foster happiness, Practive wowism, create community, innovate, and growth. She takes every one of them seriously and will bend over backwards to make sure all of them happen. 3. we have a prepaid amazon account that anyone can access with no restrictions specifically for sending clients gift whenever we feel like it. I dont get to do this often as i only work internally, but our receptionists regularly send gifts to people for no reason other than it would make the client happy. 4. our bonuses and incentives kind of kick ass. If we make a certain number of cennections (meaning the receptionists do certain things that earn them points...kinda like the monopoly game at mcdonalds) if we reach certain goals we usually get certain things like a schmorgas board of breakfast cereal and cartoons in the breakroom, or an in house sushi go round, or an ice cream party or a trip to hawaii (we have gotten all of those by the way). 5. when we hire employees we like to hire people who represent the culture that we have. We hire based more on attitude than actual skill (although that factors in too, obviously) so ALL the people I work with are happy, and love to make other people happy."

591604

"It doesn't matter if you give the check to the dealer or your friend. But under NO circumstances should you co-sign your friend's car loan. Since the money you are giving is a loan, I highly, highly recommend you do the following: Requiring a signed promissory note shows you are serious about getting paid back, and gives you some legal protections if you are not paid back. If you go to a random small claims court on any given day, you will witness at least a few cases where one person says, ""it was a gift!"" and the other says, ""it was a loan!"". With a promissory note, it's a loan, period. Prepare not to get paid back, even with the note. It happens all the time. Think about what you will do if your friend misses a payment to you or never repays the loan. Will you forgive or get legal and try to collect? Again, do NOT co-sign the loan.If you do, and your friend does not make car payments, you will be 100% responsible and the lender will take legal action against you to collect."

591608

"Give the type of books I usually read (science fiction) I don't care about the loss of ""independent"" book stores or the big box book stores. Some of the best books I read are by small time authors that probably don't have time to shop their books around or tried and can't get their works published by a big name. Instead they can sell their books on Amazon for a few bucks. They get some money, I get something to read, and Amazon gets a cut for bringing us together. It is fucking fantastic. If Amazon starts to screw either the reader or the author too much we simply move our business elsewhere. As a bonus I don't end up with piles of novels that nobody wants."

591616

"The (U.S) ""accredited investor"" laws apply to investments in the U.S. Foreign countries may or may not have their own laws regarding investment in startups, and if so, the foreign laws apply. One way around the net worth minimum is to be a member of the management team. ""Active"" (management) investors don't need to be accredited because they can see what's going on on a day to day basis. The accredited investor laws apply to the target companies, not to the investors. Basically, a start-up company can't take ""other people's money"" from a non-accredited investor. But you can invest ""your own"" money in it if you are a manager."

591636

Yes. There are a number of reasons for this, most notably some form of tax credits transfer over from year to year IF you file your taxes, and the CRA will only pay you deductions if all your taxes have been filed. If you don't owe them anything you won't necessarily get in trouble, but don't expect to get any money back from them until you file! Also, while it's probably much too late for this, if you have a partner, you can transfer a certain amount of tax deductions to them, and save them some money. The site is here: http://www.cra-arc.gc.ca/formspubs/t1gnrl/llyrs-eng.html

591652

"**Crippleware** Crippleware has been defined in realms of both software and hardware. In software, crippleware means that ""vital features of the program such as printing or the ability to save files are disabled until the user purchases a registration key"". While crippleware allows consumers to see the software before they buy, they are unable to test its complete functionality because of the disabled functions. Hardware crippleware is ""a hardware device that has not been designed to its full capability"". *** ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&message=Excludeme&subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot) ^] ^Downvote ^to ^remove ^| ^v0.27"

591653

I love Toronto too... and I think finance people are mostly the same everywhere, just that there's more room some places than others. I mean siphoning funds assuming that you're going to be running a HFT shop or prop trading or using models to predict when something is most profitable, which is beneficial to your wallet but not really to society. What do you hope to be doing as a quant that won't be taking money from people who don't trade as well as you? Like, I replied to belgianroffles, I don't think there's anything ethically wrong with it.

591694

"The correct answer to this question is: the person who the short sells the stock to. Here's why this is the case. Say we have A, who owns the stock and lends it to B, who then sells it short to C. After this the price drops and B buys the stock back from D and returns it to A. The outcome for A is neutral. Typically stock that is sold short must be held in a margin account; the broker can borrow the shares from A, collect interest from B, and A has no idea this is going on, because the shares are held in a street name (the brokerage's name) and not A. If A decides during this period to sell, the transaction will occur immediately, and the brokerage must shuffle things around so the shares can be delivered. If this is going to be difficult then the cost for borrowing shares becomes very high. The outcome for B is obviously a profit: they sold high first and bought (back) low afterwards. This leaves either C or D as having lost this money. Why isn't it D? One way of looking at this is that the profit to B comes from the difference in the price from selling to C and buying from D. D is sitting on the low end, and thus is not paying out the profit. D bought low, compared to C and this did not lose any money, so C is the only remaining choice. Another way of looking at it is that C actually ""lost"" all the money when purchasing the stock. After all, all the money went directly from C to B. In return, C got some stock with the hope that in the future C could sell it for more than was paid for it. But C literally gave the money to B, so how could anybody else ""pay"" the loss? Another way of looking at it is that C buys a stock which then decreases in value. C is thus now sitting on a loss. The fact that it is currently only a paper loss makes this less obvious; if the stock were to recover to the price C bought at, one might conclude that C did not lose the money to B. However, in this same scenario, D also makes money that C could have made had C bought at D's price, proving that C really did lose the money to B. The final way of seeing that the answer is C is to consider what happens when somebody sells a stock which they already hold but the price goes up; who did they lose out on the gain to? The person again is; who bought their stock. The person would buys the stock is always the person who the gain goes to when the price appreciates, or the loss comes out of if the price falls."

591704

"simplicity and roi are often at odds. the simplest plan that also supports a reasonable investment return would have 3 accounts: if you want to get better returns on your investments, things can get much more complicated. here are some optional accounts to consider: besides the mechanics of money flowing between accounts, a budget helps you understand and control your spending. while there are many methods for this (e.g. envelopes of cash, separate accounts for various types of expenses), the simplest might be using mint.com. just be sure to put all your spending on a credit or debit card, and you can see your spending by category when you log into mint. it can take a bit to get it set up, and your bank needs to be compatible, but it can give you a really good picture of where your money is going. once you know that, you can start making decisions like ""i should spend less on coffee"", or ""i should go to the zoo more"", based on how much things cost vs how much you enjoy them. if you feel like your spending is out of control, then you can set yourself hard limits on certain kinds of spending, but usually just watching and influencing your own choices is enough. notes: if you have a spouse or partner, you should each maintain your own separate accounts. there are many reasons for this including simplicity and roi, besides the obvious. if you feel you must have a joint account, be sure to clearly define how it should be used (e.g. only for paying the utilities) and funded (x$ per month each). particularly with your house, do not do joint ownership. one of you should be a renter and the other a landlord. some of these statements assume you are in the usa. on a personal note, i have about 20 credit cards, 2 checking accounts, 2 ira's, 2 brokerage accounts, and 3 401k's. but i consider myself a personal finance hobbyist, and spend an absurd amount of time chasing financial deals and tax breaks."

591705

I would focus first on maxing out your RRSPs (or 401k) each year, and once you've done that, try to put another 10% of your income away into unregistered long term growth savings. Let's say you're 30 and you've been doing that since you graduated 7 years ago, and maybe you averaged 8% p.a. return and an average of $50k per year salary (as a round number). I would say you should have 60k to 120k in straight up investments around age 30. If that's the case, you're probably well on your way to a very comfortable retirement.

591709

Many business owners fail to see the relevance of insuring their inventory, supplies, computers, equipment, focusing instead on obtaining health insurance for their employees. Yes, the latter is important, but that doesn’t mean you should neglect property insurance altogether.

591712

> low seven hundreds wont even garner a look from any school in the top 20 From my understanding, without a math background already (math major for a double in undergrad) you're expected to have a perfect quant score on the GRE to be competitive in the PhD realm.

591714

The two factors that will hurt you the most is the age of the credit account, and your available credit to debt ratio. Removing an older account takes that account out of the equation of calculating your overall credit score, which can hurt significantly, especially if that is the only, or one of just a couple, of open credit lines you have available. Reducing your available credit will make your current debt look bigger than what it was before you closed your account. Going over a certain percentage for your debt to available credit can make you look less favorable to lenders. [As stated above, closing a credit card does remove it from the credit utilization calculation which can raise your debt/credit ratio. It does not, however; affect the average age of credit cards. Even closed accounts stay on your credit report for ten years and are credited toward average age of cards. When the closed credit card falls off your report, only then, will the average age of credit cards be recalculated.] And may I suggest getting your free credit report from https://www.annualcreditreport.com . It's the only place considered 'official' to receive your free annual credit report as told by the FTC. Going to other 3rd party sites to pull your credit report can risk your information being traded or sold. EDIT: To answer your second point, there are numerous factors that banks and creditors will consider depending on the type of card you're applying for. The heavier the personal rewards (cash back, flyer miles, discounts, etc.) the bigger the stipulation. Some factors to consider are your income to debt ratio, income to available credit ratio, number of revolving lines of credit, debt to available credit ratio, available credit to debt ratio, and whether or not you have sufficient equity and/or assets to cover both your debt and available credit. They want to make sure that if you go crazy and max out all of your lines of credit, that you are capable of paying it all back in a sufficient amount of time. In other words, your volatility as a debt-consumer.

591716

Microsoft is already paying Firefox for distributions (which may explain why Google is cutting them off). I wonder when Google will pull the plug on Ask.com? Ask is the largest subsidized advertiser on Google by an extremely wide margin. They pay nothing for it... all they do is run AdSense ads and Google takes a cut. Crooked as shit, if you ask me.

591734

Nope. Not claiming any expertise just common sense. After 2008 when everything crashed I got interested in economic depressions and asset bubbles from a historical perspective. How long they lasted in the past and what I should expect. Figuring that past experience is a good indicator for the present and the future. Now I keep reading that the recovery is just around the corner! Just be patient, everything will be fine people. No worries. It's different this time. Oh wait, you took a $500k HELOC because your wages have stagnated for the last 20 years and now you can't afford to pay it. Multiply that story millions of times. I can't for the life of me understand how banks routinely approved mortgages to people 5 or 10 times their annual income. A neighbor of mine got two mortgages for $1.3 million in 2006 working part time at Home Depot.

591748

DFW [reports](http://wdfw.wa.gov/ais/salmo_salar/) show 94% of the fish caught have empty stomachs. While there have been juvenile sightings in rivers, no 'wild' adult Atlantic Salmon have been detected from previous escapes (one was double this escape). As late as 1981, there were efforts to establish Atlantic Salmon colonies in the Pacific. Those efforts failed. So, most likely, it's a temporary thing.

591757

"As Dilip has pointed out in the comment, investing in commodities is to either delivery or Buy. Lets say you entered into buying ""X"" quantities of Soybeans in November, contract is entered into May. In November, if the price is higher than what you purchased for, you can easily sell this, and make money. If in November, the price is lower than your contract price, you have an option to sell it at loss. If you don't want to sell it at loss, you are supposed to take the physical shipment [arrange for your own transport] and store it in warehouse. Although there are companies that will allow you to lease their warehouse, it very soon becomes more loss making proposition. By doing this you can HOLD onto as long as you want [or as long as the good survive and don't rot] It makes sense for a large wholesaler to enter into Buy contracts as he would be like to get known prices for at least half the stock he needs. Similarly large farmers / co-operative societies need to enter into Sell contracts so that they are safeguarded against price fluctuations."

591770

Dr Stephen Augustine New Zealand As a previous coach of a youth rugby team in New Zealand, Dr. Stephen Augustine is all too familiar with the perceived risks and myths that are associated with the sport. The following are a few of the most common myths that Dr. Augustine would like to debunk.

591772

The problem is that both the H1b and L1 visas have problems and are gamed and this is what is probably causing resentment. H1b visas have quotas that run out in one day a year, it means for a company to employ someone with skills they need to throw a bunch of them at this yearly crap shoot and hope they manage to win a visa for one of them. The rest will have to wait another year to try again. This is not how businesses employ, if they find a highly skilled foreign worker with skills they can't find in the US and are even willing to pay him more than anyone in the US, they can't unless they want to play that yearly gamble. A highly skilled employee also don't want to sit around waiting for it, so they'll work for someone else. The L1 visa at least allows large multi national companies to first employ people at one of their foreign offices for a year before carting them over to the US. It's also good in a way to be able to figure out if the employee is as good as he seems on paper and in interviews, even before he gets to the USA. This means most of the better skills probably enter the USA this way, which leaves the H1b visas to consultancies who systematically game the system. They find a lot of young graduate applicants who are willing to wait for the yearly crapshoot and then take all those who win a visa and then employ them and contract them out 'competitively'. The L1 visa can also be systematically gamed, those who don't win an H1b visa could be working for a foreign office of this consultancy in the meantime and then get a transfer to the USA on an L1 visa. I think what needs to happen is that the H1b visa bar should be raised, e.g. a minimum salary, and then the quotas should be spread over a year like they do in the UK. That means companies have more certainty that they can actually bring a skilled worker in, and it would make sure it's a skilled worker and not someone who is just a cheaper worker. Then that would ideally shift the route for most skilled workers to H1b instead of L1 visas, which means L1 visas can be tightened to make sure they are used appropriately too, for example having to have worked for the company for 2 years instead of one and also a minimum salary.

591776

Zimbabwe's stock market also did very well until people realised that it wasn't the companies that where doing well, it was inflation pushing the prices up. Chavez has price controls on tons of stuff so it is difficult to see the inflation he's causing, I bet it's the same thing in Venezuela, only on a lesser scale.

591785

There's no reason for the employer not to deduct the whole amount before you leave. The FSA salary deduction has to be periodical, but it doesn't have to be calculated over a year. It just means that an equal amount will be deducted from your every paycheck, and if the employer (and you) know that your last paycheck is on June 30th even before the year starts - there's nothing to stop the employer from calculating the periodic payments so that it will cover your full FSA amount before you leave. That is, of course, other than mere convenience (it may be easier/cheaper to just give you the extra $1275 than to deal with the special case deduction calculation). This is different from unexpected termination/resignation, where the employer couldn't have made such an assumption and thus the periodic payments were calculated over a year. See pub. 969. The selection is annual - the deductions are periodical.

591800

I was looking for a Gill Men's OS2 Suit Jacket and Trousers and came across this great website based in the UK who seem to be offering this product at a great price. Definitelely worth a look if you're trying to buy Gill Men's OS2 Suit Jacket and Trousers.

591809

It is a rather complex system, but here is a rough summary. Interbank tranfers ultimately require a transfer of reserves at the central bank. As a concrete example, the bank of england system is the rtgs. Only the clearing banks and similar (e.g. bacs) have access to rtgs. You can send a chaps payment fairly quickly, but that costs. Chaps immediately triggers an rtgs transfer once the sending bank agrees and so you can be certain that the money is being paid. Hence its use for large amounts. Bacs also sits on the rtgs but to keep costs down it batches tranfers up. Because we are talking about bank reserve movements, checks have to be in place and that can take time. Furthermore the potential for fraud is higher than chaps since these are aggregrated transactions a layer removed, so a delay reduces the chance of payment failing after apparently being sent. Faster payments is a new product by bacs that speeds up the bacs process by doing a number of transfers per day. Hence the two hour clearing. For safety it can only be used for up to 10k. Second tier banks will hold accounts with clearing banks so they are another step down. Foreign currency transfers require the foreign Central Bank reserve somewhere, and so must be mediated by at least one clearing bank in that country. Different countries are at different stages in their technology. Uk clearing is 2h standard now but US is a little behind I believe. Much of Europe is speeding up. Rather like bitcoin clearing, you have a choice between speed and safety. If you wait you are more certain the transaction is sound and have more time to bust the transfer.

591812

If you personally make any money from it then you need a Series 65, or a Series 63 license. It is a private industry/SEC regulation. The license itself basically spells out your duties and ethical standards for you.

591825

They've had a lot of growth, but the price levels in the stock market, real estate market, etc. are pretty questionable and doubtlessly over inflated. They're essentially propped up on the belief that the central government will bailout the necessary parties before any sort of crash. I think the numbers this year are particularly suspect due to Xi's new array of policies. He seems to be rather unpopular right now, so he'll be wanting to use any good news to his advantage, and fabricate good news if there isn't any.

591829

> Yes, why continue to perpetuate the cycle? I think that is what you are proposing. If they are a product of society then they are the symptom. If you kick them out but leave the underlying problems untouched the symptoms will return. One last question if you don't mind /u/Fire_balls_: Do you think life is generally fair?

591843

An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding’s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan. Get Auto Car Title Loans Apple Valley CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans Contact Us: Get Auto Car Title Loans Apple Valley CA 17868 US Highway 18 # 409, Apple Valley, CA 92307 760-493-2444 [email protected] http://getautotitleloans.com/car-and-auto-title-loans-apple-valley-ca/

591846

In the tech hubs of the country (SF, Seattle, NY, Boston, etc) there usually meetups or talks that deal with how to properly do a startup. There are programs you can apply to that will help you learn the ropes of that world once you have a bit of work done on your own. (YCombinator is the famous one) If you aren't in those areas, it'll be much tougher. Even the best unicorn idea won't go anywhere without the right people to do it. Those people are in those areas. It's part of the reason they are tech hubs. People with ideas are in college, and then either finish or leave college to work on this idea. They don't want to move far, so they stick around that college. (SF = Stanford, Seattle = UW, Boston = MIT, NY = Columbia). As some of these blow up, they get attention from other people in the country that want to either join in, or do something similar so they move to that area to be around those people. The positive feedback loop then keeps growing.

591878

There are well established recruiting paths into the big bulge bracket banks. They recruit heavily from target schools, both undergrad and MBA. You don't just career switch into a front office role. If you want to become a banker, you would typically enter as an Analyst, with a two or three year stint directly out of undergrad. You would have needed to get top grades from a target school and be successfully chosen from a very, very competitive recruiting pool. If you already graduated, you will need a few years at a top firm, score 700+ on the gmat, get into a top bschool, deal with similar recruiting situations, and then enter as an Associate from your target MBA. Competition is so tight I see CFA on everyone's resume. Lots of MBAs. source: i work at a BB in NYC

591879

I would say it really depends on where you are applying. Almost all the candidates that we get directly from school are either CFA level I candidates or have passed it already. It has become ubiquitous enough to not be note worthy for us (can't speak for other places). However, if you don't have anything else going on atm then definitely take the exam. I would also say that you should pick/hone your programming skills revise your textbooks. I can't believe the number of MFE graduates who don't know what risk-neutral pricing means.

591885

a 60k pay raise is totally possible (depending on too many factors to list (ok, fine I'm generalizing)) coming from TX to San Jose. the difference in raw pay numbers makes it emotionally hard to make rational comparisons. I once baked at a job on the east coast early I'm my career before I understood how to compare reasonably. anecdotal evidence shows it's possible because a machinist friend is moving here from Austin because he can make much more money. of course that's just an example.

591888

Remember the days when video games first gained popularity? Parents tried in vain to curb the enthusiasm of kids towards it. These video games were seen as a worthless, mindless entertainment. Now the scenario has reversed. Parents are encouraging their children to join Game design programs . This is due to various studies which concluded that children who play video games have better social skills, greater intellect and more. Click here for more details: https://gamedesignsummitforkids.wordpress.com/2017/07/26/game-design-information-beyond-traditional-classrooms/

591893

"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-global-oil-idUSKBN19B01W?il=0) reduced by 76%. (I'm a bot) ***** > TOKYO Oil markets held around seven-month lows on Tuesday as investors focused on persistent signs of rising supply that are undermining attempts by OPEC and other producers to support prices. > Libya's oil production has risen more than 50,000 bpd after the state oil company settled a dispute with Germany's Wintershall, a Libyan source told Reuters. > The oil market is heading in the right direction but still needs time to rebalance, al-Falih told the London-based newspaper Asharq al-Awsat. ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6iblm4/oil_prices_hold_near_sevenmonth_lows_glut_keeps/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~148255 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **Oil**^#1 **cut**^#2 **cent**^#3 **barrel**^#4 **OPEC**^#5"

591909

As stated in the comments, Index Funds are the way to go. Stocks have the best return on investment, if you can stomach the volatility, and the diversification index funds bring you is unbeatable, while keeping costs low. You don't need an Individual Savings Account (UK), 401(k) (US) or similar, though they would be helpful to boost investment performance. These are tax advantaged accounts; without them you will have to pay taxes on your investment gains. However, there's still a lot to gain from investing, specially if the alternative is to place them in the vault or similar. Bear in mind that inflation makes your money shrink in real terms. Even a small interest is better than no interest. By best I mean that is safe (regulated by the financial authorities, so your money is safe and insured up to a certain amount) and has reasonable fees (keeping costs low is a must in any scenario). The two main concerns when designing your portfolio are diversification and low TER (Total Expense Ratio). As when we chose broker, our concern is to be as safe as we possibly can (diversification helps with this) and to keep costs at the bare minimum. Some issues might restrict your election or make others seem better. Depending on the country you live and the one of the fund, you might have to pay more taxes on gains/dividends. e.g. The US keeps some of them if your country doesn't have a special treaty with them. Look for W-8Ben and tax withholding for more information. Vanguard and Blackrock offer nice index funds. Morningstar might be a good place for gathering information. Don't trust blindly the 'rating'. Some values are 'not rated' and kick ass the 4 star ones. Again: seek low TER. Not a big fan of this point, but I'm bound to mention it. It can be actually helpful for sorting out tax related issues, which might decide the kind of index fund you pick, and if you find this topic somewhat daunting. You start with a good chunk of money, so it might make even more sense in your scenario to hire someone knowledgeable and trustworthy. I hope this helps to get you started. Best of luck.

591940

"I'm thinking about visiting the UK and I'm wondering which things are affected by the VAT and which are not. Most consumer goods are subject to VAT at the standard rate. Most food sold in shops is zero-rated, with the exception of a handful of luxury foods. Food in cafes/restaurants and some takeaway food is subject to VAT at the standard rate. Most paper books are zero rated (IIRC books that come with CDs are an exception). Some services are exempt, insurance is a notable one, so are some transactions with charities. Some small buisnesses and sole traders may not be VAT registered in which case there is no VAT for you to pay (but they can't reclaim VAT on the goods and services they buy). (there is a distinction between zero-rated and exempt but it's not relavent to you as a customer). Some goods have special rules, notably second hand goods. Prices are normally given inclusive of VAT. The exception to this is suppliers who mostly deal in business to business transactions. Also as a non-UK resident is there a way to get a rebate/reimbursement on this tax? There is something called the ""retail export scheme"" which can get you a refund but there are a number of catches."

591950

I am confused as to what the author was talking about when speaking about the lack of features and research tools for stocks and how that is such a huge negative of Robinhood. If anything, I want a cheap, simple platform to efficiently trade. I might as well save a few bucks on commission, right? I can do my research online and through SEC filings, I don't need e-trade to tell me what stocks to buy, I decide. Whether I buy Cisco stock through TD Ameritrade's phone system for $45 per transaction or for free through Robinhood I'm still owning the same stock, the same company, at the same price probably within fractions of a penny per share. I get what the author is saying though about the general aurora of the app that is encouraging for people to invest who should not be investing. Maybe I don't see the problem with it because I like to think that I know what I am doing and don't just treat it like gambling.

591964

Think about it... If the government has the money why would the government need more money to cover the tax on the money that the government already has? Couldn't the government just withhold 109,500 from the 1,900,000 it's holding already?

591967

But the notes are always called at par, no? So you have a fixed yield which depends on the coupon and price you bought it at. I still don't see how the company doing better than expected changes the yield on your investment.

591992

"> Why the shift toward plant-based eating? Cutting back on meat consumption is [better for our health](http://www.triplepundit.com/2016/01/not-eating-meat-new-years-resolution/). Generally, eating less or no meat [reduces your risk](http://www.mayoclinic.org/healthy-lifestyle/nutrition-and-healthy-eating/in-depth/meatless-meals/art-20048193) of coronary heart disease, Type 2 diabetes, and some forms of cancer. The ""better for your health"" link leads to another article which in turn cites [this Harvard page](https://www.hsph.harvard.edu/nutritionsource/what-should-you-eat/protein/) which in turn cites three observational studies. It might be worth noting that in general these types of studies come to the wrong conclusions about 80% of the time ([Ioannidis, 2005](http://www.ncbi.nlm.nih.gov/pubmed/16060722/)). The ""reduces your risk"" link is just a Mayo Clinic article on recommended intakes with no linked studies. The assumption here is that eating less meat will improve health because the *correlation* seen in these observational studies and e.g cancer, diabetes, heart disease, etc. But what does studies in vegetarians tell us? If just reducing meat consumption has a ~20% reduction in relative risk then not eating meat at all should have an greater effect. But we don't see that, studies show no effect on overall mortality in non-SDA vegetarians: [Figure 2 mortality](http://imgur.com/WgSrBJa) *Kwok CS, et. al,* [""Vegetarian diet, Seventh Day Adventists and risk of cardiovascular mortality: a systematic review and meta-analysis""](http://www.ncbi.nlm.nih.gov/pubmed/25149402) *Int J Cardiol. 2014 Oct 20;176(3):680-6. doi: 10.1016/j.ijcard.2014.07.080. Epub 2014 Aug 4.* What these observational studies in the general population show is other factors, e.g the healthy adhere bias where people who eat less meat tend to be healthier, and not that meat is inherently unhealthy. > While Google is focused on improving employee health, serving less meat is also part of its initiative to reduce its carbon footprint. Significantly more water and other resources are required to raise and slaughter animals than to grow fruits, vegetables, legumes, and grains. According to a study published in the journal [Climatic Change](https://link.springer.com/article/10.1007%2Fs10584-014-1169-1), a plant-based diet has a significantly lighter carbon footprint than a meat-heavy diet. These diets also reduce overall protein consumption, when you compared equal protein intakes, factor digestibility, and amino acid content, the differences in emissions are trivial ([longer post](https://www.reddit.com/r/environment/comments/4qs4eg/meat_is_horrible_it_may_be_delicious_but_the/d4wd70e/)). Water use isn't that different either ([short post](https://www.reddit.com/r/Documentaries/comments/558vdq/trailer_before_the_flood_2016_documentary_movie/d89jxdy/)) Looking at the big picture shows that meat shouldn't be the focus. In the US *all* agriculture, including crops grown for human consumption, is just 8.1% of emissions: *In 2012, emission sources accounted for in the Agricultural chapters were responsible for 8.1 percent of total U.S. greenhouse gas emissions.* *Environmental Protection Agency*, [""Sources of Greenhouse Gas Emissions, Agriculture""](http://www.epa.gov/climatechange/Downloads/ghgemissions/US-GHG-Inventory-2014-Chapter-6-Agriculture.pdf). The 2015 draft also shows that this is declining, as a percentage, to 7.6% ([chapter 5](http://www.epa.gov/climatechange/pdfs/usinventoryreport/US-GHG-Inventory-2015-Chapter-5-Agriculture.pdf)). Meanwhile we have 31% from electricity and another 27% from transportation: [Sector emission chart](http://imgur.com/r9qavFg) *EPA,* [""Sources of Greenhouse Gas Emissions""](http://www3.epa.gov/climatechange/ghgemissions/sources.html). Switching to clean energy, solar/wind/nuclear, and moving to alternative fuels would make a huge impact and address the actual problem far more efficiently. Blaming meat is just a [red herring](https://en.wikipedia.org/wiki/Red_herring) pushed by groups with other motivations than climate change."

591995

I was offered a student credit card and refused it. If I'd taken it and used it sparingly, paying off the balance on time in full every month, I'd have built up a better credit rating in the time period.

592000

"Organic pesticides, herbicides, and fertilizers are often just as dangerous as their inorganic counterparts. Some organic farms operate with only safe practices, but unless you're buying directly from a farm you know, there is no way to be sure. Before you even get to the ""organic is better for you"" argument, you have to get past ""what kind of organic is this"". The label alone doesn't mean much as far as safety or being ""pasture raised""."

592002

This same problem existed when the first gas powered cars began popping up. The problem your pointing out will get resolved as demand grows. It will actually be quite a business opportunity for some. It will surely deter some, like yourself, from being early adopters, but these things always work themselves out.

592004

EVs aren't perfect yet. The internal combustion engine has had 100 years of fine-tuning. There are more than enough EV early adopters to satisfy supply. If you're sensitive to the current EV limitations, simply wait. Somebody will love taking your place in the queue.

592032

Direct answers to your questions: contribute 6%, and put it in the Target Date Fund (probably Target Date Fund 2050).

592054

As an actuary (health, not pensions), this is what we do. We spend years(5+) taking exams and learning about the best and proper ways to predict liabilities, probabilities, and other statistics that we use to forecast cost and return in the future. I am in health, not pensions, but I would check out [Actuarial Outpost](http://www.actuarialoutpost.com/actuarial_discussion_forum/forumdisplay.php?f=15) and /r/actuary. The subreddit tends to be a younger (see student) crowd but there may be someone who can better answer your question.

592067

"Getting someone else to save for you with their ISA allowance has some quite significant disadvantages: You'll be using up their ISA allowance, so they won't be able to make their own tax-free savings. Perhaps you know someone who doesn't want to use it anyway and is happy to do this, but most people probably don't. You are essentially handing them the money and relying on them to voluntarily give it back to you when the time comes. Even if you trust them to do this, if they have financial problems in the meantime then their creditors would be able to go after the money in the ISA, and would have an equal or better claim to it that you would. When the money is returned to you, you would become liable to tax on the interest anyway. From the perspective of your own tax situation, it's extra income to you that wasn't protected by any ISA allowance of yours. While in practice you might be able to get away with not declaring it to anyway and not be detected, it would still be illegal tax evasion and thus rather risky. So overall it's not really a very effective ""bypass"" for whatever restriction a bank wants to impose on your ISA holdings."