Berkeley CSUA MOTD:Entry 50567
Berkeley CSUA MOTD
2017/09/19 [General] UID:1000 Activity:popular

2008/7/14-16 [Finance, Finance/Investment] UID:50567 Activity:nil
7/14    Onion once again more like reality than "real news"
2017/09/19 [General] UID:1000 Activity:popular

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2013/5/9-7/3 [Finance/Investment] UID:54675 Activity:nil
5/9     I'm stock newbie. Let's say  I made $1000 in Jan 2012 and then
        lost  $1000 in Feb 2012, does that mean I'm not liable to pay
        any tax given that I made $0?
        \_ Yes.
        \_ Are both long term gains/both short term gains? And I assume you
           mean realized gains, i.e. you actually sold the stock in an
2013/5/13-7/3 [Finance/Banking] UID:54676 Activity:nil
5/13    Does FDIC ever matter? How likely is it that your deposit of
        over $250k going to be screwed over in a major US bank?
        \_ Was Washington Mutual a major bank?
        \_ Was Washington Mutual a major US bank?
        \_ Hahahahahahahahahahaha. Good one.
        \- As with nuclear weapons, this insurance produces much of its value
2013/5/17-7/3 [Finance/Investment] UID:54679 Activity:nil
5/17    Tech stocks at all time high & Bay Area traffic and housing crisis
        is now worse than 2001. BUBBLE 2.0 BEWARE!!!
        \_ This time it is no bubble, at least not yet. Wake me up again
           when the Nasdaq hits an inflation adjusted record.
        \_ I don't know if this bubble qualifies as a tech bubble or a bubble
           at all.  Last weekend I saw hiring signs at McDonald's, Macy's and
2013/3/6-4/16 [Finance/Banking] UID:54620 Activity:nil
3/6     When I first joined my company, I got a sign-in bonus which was
        deposited into my savings account the first month. I also got my
        moving fees reimbursed, which was also deposited into my savings
        account a few months later. However, neither entries show up on
        W2 or any other official records (not even ADP). I asked my boss
        if I should talk to someone about this, and he said "don't worry
2013/7/29-9/16 [Finance/Investment] UID:54717 Activity:nil
        Only 28% of millionaires consider themselves wealthy. So it is
        not just my wife!
        \_ People have been using the term "millionaire" as a synonym for
           "rich" for a very long time.  But there's this little thing called
           inflation.  Having a million dollars in 1900 is roughly equivalent
2013/7/31-9/16 [Reference/RealEstate, Finance/Investment] UID:54720 Activity:nil
7[31    Suppose you have a few hundred thousand dollars in the bank earning
        minimum interest rate and you're not sure whether you're going to
        buy a house in 1-5 years. Should one put that money in a more
        risky place like Vanguard ETFs and index funds, given that the
        horizon is only 1-5 years?
        \_ I have a very similar problem, in that I have a bunch of cash
2013/2/17-3/26 [Finance/Investment] UID:54607 Activity:nil
2/16    Stocks for the long run? Maybe not:
        \_ um, ok, so what are better alternative investments?
           \_ Real Estate? Gold? Bonds? CDs?
              They all whooped stocks in the last decade.
              I believe in a balanced approach.
2013/1/16-2/17 [Industry/Startup, Finance/Investment] UID:54582 Activity:nil
1/16    Fred Wilson says you should focus on the cash value of your
        options, not the percentages:
        \_ Or at least, so says a VC trying increase his profit margin...
        \_ A VC wants to keep as much of the stock for themselves (and give
           as little to employees as possible).  That maximizes their return.
2012/12/21-2013/1/24 [Industry/Startup, Finance/Investment] UID:54568 Activity:nil
        Yahooers in Sunnyvale don't seem to average 170K/year.
        \_ Googlers average $104k/yr? Uh huh.
           \_ what is it suppose to be?
                 Google Sr. Software Engineer in Sunnyvale averages $193k in total pay,
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Issue 44 o 29 WASHINGTON--A panel of top business leaders testified before Congress about the worsening recession Monday, demanding the government provide Americans with a new irresponsible and largely illusory economic bubble in which to invest. "What America needs right now is not more talk and long-term strategy, but a concrete way to create more imaginary wealth in the very immediate future," said Thomas Jenkins, CFO of the Boston-area Jenkins Financial Group, a bubble-based investment firm. "We are in a crisis, and that crisis demands an unviable short-term solution." Suspicious Package Industry Falls On Hard Times April 9, 2008 The current economic woes, brought on by the collapse of the so-called "housing bubble," are considered the worst to hit investors since the equally untenable dot-com bubble burst in 2001. According to investment experts, now that the option of making millions of dollars in a short time with imaginary profits from bad real-estate deals has disappeared, the need for another spontaneous make-believe source of wealth has never been more urgent. "Perhaps the new bubble could have something to do with watching movies on cell phones," said investment banker Greg Carlisle of the New York firm Carlisle, Shaloe & Graves. The manner of bubble isn't important--just as long as it creates a hugely overvalued market based on nothing more than whimsical fantasy and saddled with the potential for a long-term accrual of debts that will never be paid back, thereby unleashing a ripple effect that will take nearly a decade to correct." "The US economy cannot survive on sound investments alone," Carlisle added. Congress is currently considering an emergency economic-stimulus measure, tentatively called the Bubble Act, which would order the Federal Reserve to/- begin encouraging massive private investment in some fantastical financial scheme in order to get the nation's false economy back on track. Current bubbles being considered include the handheld electronics bubble, the undersea-mining-rights bubble, and the decorative office-plant bubble. Additional options include speculative trading in fairy dust--which lobbyists point out has the advantage of being an entirely imaginary commodity to begin with--and a bubble based around a hypothetical, to-be-determined product called "widgets." The most support thus far has gone toward the so-called paper bubble. In this appealing scenario, various privately issued pieces of paper, backed by government tax incentives but entirely worthless, would temporarily be given grossly inflated artificial values and sold to unsuspecting stockholders by greedy and unscrupulous entrepreneurs. "Little pieces of paper are the next big thing," speculator Joanna Nadir, of Falls Church, VA said. If enough people can be talked into thinking it's legitimate, it will become temporarily true." Demand for a new investment bubble began months ago, when the subprime mortgage bubble burst and left the business world without a suitable source of pretend income. But as more and more time has passed with no substitute bubble forthcoming, investors have begun to fear that the worst-case scenario--an outcome known among economists as "real-world repercussions"--may be inevitable. "Every American family deserves a false sense of security," said Chris Reppto, a risk analyst for Citigroup in New York. "Once we have a bubble to provide a fragile foundation, we can begin building pyramid scheme on top of pyramid scheme, and before we know it, the financial situation will return to normal." Despite the overwhelming support for a new bubble among investors, some in Washington are critical of the idea, calling continued reliance on bubble-based economics a mistake. Regardless of the outcome of this week's congressional hearings, however, one thing will remain certain: The calls for a new bubble are only going to get louder. "America needs another bubble," said Chicago investor Bob Taiken. "At this point, bubbles are the only thing keeping us afloat."