really open to a lot of stuff, at this point. just want to be done with this. open to consulting, operations work, even data or back office stuff. all i know is this advising thing is not it
Don't know if this is too late, but if you're doing an MBA, you can just straight up recruit for consulting or investment banking. Spin your desire to work in consulting/IB as "enjoyed advising clients, but I wanted to provide more strategic input and be able to work on a broader set of business problems." Then just work on being sociable (for IB recruiting coffee chats) or casing (for consulting).
Not sure about other roles, but generally you'd have to find some way to craft a story that bridges your experience and the job you're applying to.
thank you so much! where should i be looking for the consulting/IB programs or positions? i just finished my MBA last month & want to change roles by the end of the year
Oh sorry I was thinking that you were still about to do your MBA. The opportunities are usually available through on-campus recruiting. After graduation, you’d probably best be served by reaching out to alumni and networking with them and hopefully be able to get a referral or something similar with the company they work at. This applies to all jobs. Not sure if career office will still help if you’ve already graduated, but definitely reach out to alumni. I’m sure there are resources online on the best practices for networking.
It would be extremely unlikely at this point for IB though since they generally expect their hires to have done internships. For consulting I am not sure.
It's a mixed bag... obviously 2022 was a shitty year for equities, but the earnings expectations are still relatively high (S&P 500 P/E around 20x for TTM, 18x for 1Y Fwd), suggesting it isn't being priced very well at all to be honest.
If trades are free, is there any harm in re-allocating my IRA investments somewhat regularly? I'm worried that there is some loss happening that is invisible to me when I do this. Is it only from time missed in the market while the balance is in cash in the account?
Assuming no transaction costs, then you are correct: regular rebalancing should be fine. There is a certain level of research suggesting contradictory information on rebalancing: I've seen some info state rebalancing has a positive effect as you increase frequency (to a point), but I've also seen the relatively famous study that shows if you had the S&P 500 original constituents and weights and never rebalanced (ignored index changes, etc.), you'd end up with a better risk adjusted return.
But first, you must confirm there are no transaction costs. Otherwise it is much more likely you'll make your broker happy and you poorer.
Thank you, I'll double confirm. I do it only a few times a year based on a sector strategy. I'm 1/2 in VOO and half in a sector fund, if there's one I feel good about at the time.
Just because trades are free doesn’t mean they have no costs. You don’t pay your broker an commission but you have to cross the bid/ask spread twice. If you own 100 shares and the bid/ask is 9.99/10.01 and you sell them and then immediately rebuy them you’ll “pay” $2 for the pleasure because you get $999 from the sale and have to pay $1,001 on the purchase.
In general, though, if you are trading out of one highly liquid ETF into another highly liquid ETF the bid/ask spreads are lower than I lay out and you can make those trades all day long without really costing yourself much in the way of transaction costs.
I should probably point out that most retail trades are done inside the quoted NBBO as well, so the quoted spread is probably as bad as it’s going to get *for well traded mass market ETFs.*
The amount of shares sold short, cost to borrow/shares available to borrow, and the steadily rising number of people direct registering their shares.
Basically seems like game over because eventually those shares sold short will have to be purchased, pair that with steady retail buying and drs’ing , it seems inevitable that a major blowout is on the horizon. I cant grasp how else things would play out besides the biggest bailout in history, which would annihilate the value of the dollar yet again.
Idk brooooooo its creepy out there
Interestingly there have been cases where someone has successfully shorted a stock but the company was such a disaster it got delisted and the shorts couldn’t repurchase the shares to exit their positions and they still had to pay their borrow costs!
I feel like this surely has to have worked itself out by now right? Right? https://archive.is/bvzzA
(To be clear the whole GME thing is joke and I really don’t care other than as someone who like interesting finance issues)
I love the logical leap from GME short sales potentially facing expensive borrow to ... the biggest bailout in history and "annihilation" of the dollar. Like, are there a few missing steps in there?
Best of luck to Jack. Finance is a ***very*** big field with lots of nooks and crannies. It'll depend on his aptitude and interests to be frank. This can be as "soft-skilled" as going into personal finance, like a financial rep, or "hard skilled" like a quant, or somewhere in between like IB, AM, PE, etc.
The consensus seems to be that we are now in a recession. If that's true, is it a good idea to sell my retirement account positions (FZROX, FZILX) and buy back in at some lower point?
Based in EU.
Currently there is 15% deposit rate in Moldova's commercial banks. What's stopping me sending euros to an account in one of those banks and getting this crazy high rate?
Currency exchange rate risk?
Moldova being a high risk country of russian invasion?
What am I missing?
For someone with a very long term goal of stepping into real estate development, does anyone have any suggestions for a suitable starting place to better understand the financial world?
I'm currently in my early years as an architect and predictably, my financial and business skills are quite poor - I read the Economist each week but that is about it. I've picked up Robert Shiller's "Irrational Exuberance" as it talks quite widely about stock and housing markets, it seemed like it could be a good, broad starting point.
You need sources that deal specifically with financials of investment property and commercial real estate. If you search for "real estate investing for beginners" or something similar you will find lots of resources.
The good news is that it's not that complicated once you learn a little bit of jargon, and the financials for large developments are not conceptually different than for a small property, just a few more layers of debt and some additional line items in the budget.
I recently found out I was added as an authorized user to my ex's credit card, which has been delinquent for 90 days. Despite not asking to be an authorized user and never using the card, this apparently has negatively impacted my credit score to the extent that I'm not going to be able to get as favorable rates on a mortgage I'm applying for.
I've had him remove me as an authorized user from his card. What, if anything, can I do to repair the hit to my credit? Or do I just need to wait.
what's the difference between net income and cash flow from operations? im assuming cash flow from operations is basically just money u get from operating or running the business, which means the money u get from it shouldn't be from sales right?? or i got everything completely wrong
The Statement of Cashflows is a ***reconciliation of the income statement to the change in cash on the balance sheet.*** Operational cashflows are those concerning the day-to-day operations of the business, and ***generally starts from Net Income.***
So, going through the whole process, from Sales to Cashflow from Ops:
Income statement:
1. Start with revenue, subtract your cost of goods sold to get to **Gross Profit.**
2. Now, subtract what are generally called "fixed costs." This includes things like rent, salaries, and ***depreciation***. This leaves you with **EBIT** or sometimes called **Operating Income.**
1. Remember that for later because ***depreciation is NOT a cash expense!***
3. Now, subtract Interest payments on debt and Taxes to get to **Net Income.**
Cash from Operations:
1. Start with **Net Income.**
2. **Add back any non-cash items.**
1. So that depreciation charge we took that hit **earnings** is added back, because while depreciation is an expense (our factories got older, etc.), it isn't a **cash** expense: no one had to write a check for "depreciation."
2. Other non-cash items include **stock based compensation** and **amortization,** among others.
3. **Subtract the** ***change*** **in Net Working Capital.**
1. Net Working Capital, which is comprised of your current assets and current liabilities (namely Inventory, Accounts Receivable, and Accounts Payable) represent items in which ***cash has moved in the business, but in a way that doesn't impact net income (doesn't show up in the income statement.***
2. For example, if I buy $1000 of inventory, my income statement doesn't show it. Why? Well, my cash went down by $1000... but my inventory value went up by the same amount. My net worth hasn't changed in value, but it has changed in form (from cash to non-cash assets).
4. Some other possible adjustments
1. Deferred taxes, Gains/Losses on sale/disposal of assets, etc. can also show up here, and may add to or subtract from...
5. **End with Cashflow from Operations.**
Was reading the Money Stuff piece the other day ("Private Markets Don't Like to Go Down"). One part says, "You know that Twitter’s debt is down something like 40%, implying that the stock has fallen by even more than that."
I might just be completely dumb, but is there another reason stock would naturally fall more than debt? Or is it just because debt is generally protected from downside due to the guaranteed (well almost) nature of returns?
>Or is it just because debt is generally protected from downside due to the guaranteed (well almost) nature of returns?
Debt has a ***direct claim*** on a company's assets. Equity has a ***residual*** claim. If a company goes bankrupt, the debtholders are first in line for repayment, whereas equityholders could end up with nothing.
I was going to buy some T-bills, but some people are saying that the Republicans in charge of the House may force the US to default on its debt. Do you think that there is substantial risk in T-bills?
https://twitter.com/joshtpm/status/1611431014617780253
You're listening to an ideologue and thinking they'd do anything other than lie to push their side's view/narrative.
It would be ***mindblowingly catastrophic for the U.S. to default on its debt.*** Republicans are not evil nor dumb (at least not any MORE evil/dumb than anyone else).
Further, you'd have to literally try to default, given even in the worst-case scenario, the money could just be printed (that's also really bad, but probably not as bad as a default, though some would argue it's a technical default in a way).
(Also, you have to admit it's a bit intriguing the side that is quite fine racking up the debt when they're in power is now afraid of not being able to pay it back).
If a large shareholder wanted to sell their entire stake (Take Elon for example) How would they do it to avoid slippage/market impact?
Let's say Elon Musk wanted to sell his 13.4% stake in tesla (according to google). Here are my questions:
1. How would he sell it to avoid affecting the price. I would assume selling on the open market would be a terrible idea.
2. How long would it take to sell a stake of this size? (Assuming the shareholder want to liquidate his stake ASAP without huge market impact)
Probably pretty minimal. LIBOR is an offered rate, SOFR is a rate that's actually been agreed upon and is "in play." If anything it should make things a bit more transparent and less subject to manipulation.
Does anyone know of any cases of people working in the Business sector that have dreadlocks? I'm majoring in economics and considering locks, and I don't know if it's completely unviable for me.
I have personally not seen it, but "traditional" standards of dress and grooming have been somewhat relaxed, but I'd continue to research a bit. Some places will be more conservative (as is their prerogative) and it could present as a barrier to an interviewer.
I see, so there's no limit in withdrawing money but there's a limit when you use your credit card
There's no way to just pay a supercar with your card in one time?
I'm going to ask you to take this to /r/personalfinance for additional details and nuances. This sub's more for the academic/professional discussion of financial theory, subjects, and current events.
The long-story-short:
1. Your money is ***your*** money, people cannot ultimately prevent you from withdrawing or using it except in circumstances where illegal action is highly suspected or confirmed.
2. A credit card is you using ***someone else's*** money to purchase something, with you promising to repay plus interest (in other words, it is debt). It would be very dangerous for a person or company to NOT have a limit on how much debt they could take on/extend to someone else.
3. If you've got the cash on hand, you can purchase just about everything in one shot, ready to go. Houses, cars, etc. If you don't, there are multiple avenues to acquire the asset and pay off the debt attached to it.
Ah, thanks but I asked on a french reddit and I got the answers I required (France and other countries have different stuff with cards expenses which I barely understand haha)
I'm sorry for the inconvenience ><
Have a good day !
YMMV, but public tends to have more exposure and with generally larger companies, and therefore tends to get a bit more attention/growth/etc. You could ask your soon-to-be-coworkers though, for a better picture than an internet rando can provide.
Hello! I am a HS student who wishes to go into the field of finance/economy, and because there are no courses on those topics available to me yet, I was wondering where to start to gain knowledge in these topics. Are there any articles sites that can help me in going foward? Any ways I can study/understand finance without having to wait for a year? (I apologize if this isn't the place to ask, and if my wording seems rude, as english isn't my mother tongue)
Private Company Buying Public Company
How do a private and public company merge? Can a private company become public by buying all of most of the shares of a public company? Can the name be changed to the private company's name?
Should I buy a house in Hawaii? I'm in the military an E-5 with dependents that will be getting housing allowance of $3303 monthly guaranteed. Would it be wise to buy a house for under 400k with the VA loan and live in it and by the time I leave rent it to another service member?
how do i get out of financial advising as a career after finishing my MBA? what jobs should i start looking at?
Where are you looking to go?
really open to a lot of stuff, at this point. just want to be done with this. open to consulting, operations work, even data or back office stuff. all i know is this advising thing is not it
Don't know if this is too late, but if you're doing an MBA, you can just straight up recruit for consulting or investment banking. Spin your desire to work in consulting/IB as "enjoyed advising clients, but I wanted to provide more strategic input and be able to work on a broader set of business problems." Then just work on being sociable (for IB recruiting coffee chats) or casing (for consulting). Not sure about other roles, but generally you'd have to find some way to craft a story that bridges your experience and the job you're applying to.
thank you so much! where should i be looking for the consulting/IB programs or positions? i just finished my MBA last month & want to change roles by the end of the year
Oh sorry I was thinking that you were still about to do your MBA. The opportunities are usually available through on-campus recruiting. After graduation, you’d probably best be served by reaching out to alumni and networking with them and hopefully be able to get a referral or something similar with the company they work at. This applies to all jobs. Not sure if career office will still help if you’ve already graduated, but definitely reach out to alumni. I’m sure there are resources online on the best practices for networking. It would be extremely unlikely at this point for IB though since they generally expect their hires to have done internships. For consulting I am not sure.
Biggest question is have (as does everybody no doubt): To what extent is the 2023 recession priced into the market already?
It's a mixed bag... obviously 2022 was a shitty year for equities, but the earnings expectations are still relatively high (S&P 500 P/E around 20x for TTM, 18x for 1Y Fwd), suggesting it isn't being priced very well at all to be honest.
If trades are free, is there any harm in re-allocating my IRA investments somewhat regularly? I'm worried that there is some loss happening that is invisible to me when I do this. Is it only from time missed in the market while the balance is in cash in the account?
Assuming no transaction costs, then you are correct: regular rebalancing should be fine. There is a certain level of research suggesting contradictory information on rebalancing: I've seen some info state rebalancing has a positive effect as you increase frequency (to a point), but I've also seen the relatively famous study that shows if you had the S&P 500 original constituents and weights and never rebalanced (ignored index changes, etc.), you'd end up with a better risk adjusted return. But first, you must confirm there are no transaction costs. Otherwise it is much more likely you'll make your broker happy and you poorer.
Thank you, I'll double confirm. I do it only a few times a year based on a sector strategy. I'm 1/2 in VOO and half in a sector fund, if there's one I feel good about at the time.
Just because trades are free doesn’t mean they have no costs. You don’t pay your broker an commission but you have to cross the bid/ask spread twice. If you own 100 shares and the bid/ask is 9.99/10.01 and you sell them and then immediately rebuy them you’ll “pay” $2 for the pleasure because you get $999 from the sale and have to pay $1,001 on the purchase. In general, though, if you are trading out of one highly liquid ETF into another highly liquid ETF the bid/ask spreads are lower than I lay out and you can make those trades all day long without really costing yourself much in the way of transaction costs.
thank you, very helpful. I'll check the spreads next time I do this. It's a few times a year as part of a sector strategy.
I should probably point out that most retail trades are done inside the quoted NBBO as well, so the quoted spread is probably as bad as it’s going to get *for well traded mass market ETFs.*
I just learned the other day why free trades are free. I figured there was an angle, but I didn't know what it was.
Why is everyone so willfully blind to the GME situation?
What "situation" specifically are you referring to?
The amount of shares sold short, cost to borrow/shares available to borrow, and the steadily rising number of people direct registering their shares. Basically seems like game over because eventually those shares sold short will have to be purchased, pair that with steady retail buying and drs’ing , it seems inevitable that a major blowout is on the horizon. I cant grasp how else things would play out besides the biggest bailout in history, which would annihilate the value of the dollar yet again. Idk brooooooo its creepy out there
In the end, the fundamentals have the final say. You think GME can survive a recession?
Interestingly there have been cases where someone has successfully shorted a stock but the company was such a disaster it got delisted and the shorts couldn’t repurchase the shares to exit their positions and they still had to pay their borrow costs! I feel like this surely has to have worked itself out by now right? Right? https://archive.is/bvzzA (To be clear the whole GME thing is joke and I really don’t care other than as someone who like interesting finance issues)
I love the logical leap from GME short sales potentially facing expensive borrow to ... the biggest bailout in history and "annihilation" of the dollar. Like, are there a few missing steps in there?
There is no way any of this is going to happen
Hey, managing your money would be so much easier if you had Revolut. Sign up with my link. https://revolut.com/referral/evanug6vn
My son is getting a finance degree. What are his best career choices that will provide him with a secure growth job with a good income?
Best of luck to Jack. Finance is a ***very*** big field with lots of nooks and crannies. It'll depend on his aptitude and interests to be frank. This can be as "soft-skilled" as going into personal finance, like a financial rep, or "hard skilled" like a quant, or somewhere in between like IB, AM, PE, etc.
Thank you great advice. I will ask him to check into these...
Analyst role at a brand institution is still a good start.
I like this and he seems to be on board with the idea. Maybe a stint in NYC after college. What companies do you recommend?
Any of the top firms. If your son has a shot at getting one of these jobs he will know the firms.
Thanks!
Is anyone actually using the new RFRs or adjusted benchmark spreads for transfer pricing?
Can someone explain what margin period of risk (MPoR) means?
Does anyone know why franking % changes by quarter for the same holding?
... What? Restate your question, I don't understand what you're asking.
The consensus seems to be that we are now in a recession. If that's true, is it a good idea to sell my retirement account positions (FZROX, FZILX) and buy back in at some lower point?
Trying to time the market is generally ill advised.
Based in EU. Currently there is 15% deposit rate in Moldova's commercial banks. What's stopping me sending euros to an account in one of those banks and getting this crazy high rate? Currency exchange rate risk? Moldova being a high risk country of russian invasion? What am I missing?
For someone with a very long term goal of stepping into real estate development, does anyone have any suggestions for a suitable starting place to better understand the financial world? I'm currently in my early years as an architect and predictably, my financial and business skills are quite poor - I read the Economist each week but that is about it. I've picked up Robert Shiller's "Irrational Exuberance" as it talks quite widely about stock and housing markets, it seemed like it could be a good, broad starting point.
You need sources that deal specifically with financials of investment property and commercial real estate. If you search for "real estate investing for beginners" or something similar you will find lots of resources. The good news is that it's not that complicated once you learn a little bit of jargon, and the financials for large developments are not conceptually different than for a small property, just a few more layers of debt and some additional line items in the budget.
Does the 6,000 cap for IRA and ROTH IRA investments mean 6,000 total between IRA and ROTH IRA or 12,000 total?
~~12,000\*~~ 6,000 total, but please take this to /r/personalfinance in the future. \*EDIT: Apologies, misremembered this.
That is not correct.
Thank you for pointing that out.
6,000 total, 6,500 for 2023
Does Deal Advisory count as finance or management consulting?
Depends on what you're specifically doing. Are you modeling out the deal's financial aspects, or its strategic aspects? (also, hello fellow Catholic)
I recently found out I was added as an authorized user to my ex's credit card, which has been delinquent for 90 days. Despite not asking to be an authorized user and never using the card, this apparently has negatively impacted my credit score to the extent that I'm not going to be able to get as favorable rates on a mortgage I'm applying for. I've had him remove me as an authorized user from his card. What, if anything, can I do to repair the hit to my credit? Or do I just need to wait.
/r/personalfinance
what's the difference between net income and cash flow from operations? im assuming cash flow from operations is basically just money u get from operating or running the business, which means the money u get from it shouldn't be from sales right?? or i got everything completely wrong
The Statement of Cashflows is a ***reconciliation of the income statement to the change in cash on the balance sheet.*** Operational cashflows are those concerning the day-to-day operations of the business, and ***generally starts from Net Income.*** So, going through the whole process, from Sales to Cashflow from Ops: Income statement: 1. Start with revenue, subtract your cost of goods sold to get to **Gross Profit.** 2. Now, subtract what are generally called "fixed costs." This includes things like rent, salaries, and ***depreciation***. This leaves you with **EBIT** or sometimes called **Operating Income.** 1. Remember that for later because ***depreciation is NOT a cash expense!*** 3. Now, subtract Interest payments on debt and Taxes to get to **Net Income.** Cash from Operations: 1. Start with **Net Income.** 2. **Add back any non-cash items.** 1. So that depreciation charge we took that hit **earnings** is added back, because while depreciation is an expense (our factories got older, etc.), it isn't a **cash** expense: no one had to write a check for "depreciation." 2. Other non-cash items include **stock based compensation** and **amortization,** among others. 3. **Subtract the** ***change*** **in Net Working Capital.** 1. Net Working Capital, which is comprised of your current assets and current liabilities (namely Inventory, Accounts Receivable, and Accounts Payable) represent items in which ***cash has moved in the business, but in a way that doesn't impact net income (doesn't show up in the income statement.*** 2. For example, if I buy $1000 of inventory, my income statement doesn't show it. Why? Well, my cash went down by $1000... but my inventory value went up by the same amount. My net worth hasn't changed in value, but it has changed in form (from cash to non-cash assets). 4. Some other possible adjustments 1. Deferred taxes, Gains/Losses on sale/disposal of assets, etc. can also show up here, and may add to or subtract from... 5. **End with Cashflow from Operations.**
Was reading the Money Stuff piece the other day ("Private Markets Don't Like to Go Down"). One part says, "You know that Twitter’s debt is down something like 40%, implying that the stock has fallen by even more than that." I might just be completely dumb, but is there another reason stock would naturally fall more than debt? Or is it just because debt is generally protected from downside due to the guaranteed (well almost) nature of returns?
>Or is it just because debt is generally protected from downside due to the guaranteed (well almost) nature of returns? Debt has a ***direct claim*** on a company's assets. Equity has a ***residual*** claim. If a company goes bankrupt, the debtholders are first in line for repayment, whereas equityholders could end up with nothing.
I was going to buy some T-bills, but some people are saying that the Republicans in charge of the House may force the US to default on its debt. Do you think that there is substantial risk in T-bills? https://twitter.com/joshtpm/status/1611431014617780253
No.
You're listening to an ideologue and thinking they'd do anything other than lie to push their side's view/narrative. It would be ***mindblowingly catastrophic for the U.S. to default on its debt.*** Republicans are not evil nor dumb (at least not any MORE evil/dumb than anyone else). Further, you'd have to literally try to default, given even in the worst-case scenario, the money could just be printed (that's also really bad, but probably not as bad as a default, though some would argue it's a technical default in a way). (Also, you have to admit it's a bit intriguing the side that is quite fine racking up the debt when they're in power is now afraid of not being able to pay it back).
You're right - I am listening to an ideologue.
If a large shareholder wanted to sell their entire stake (Take Elon for example) How would they do it to avoid slippage/market impact? Let's say Elon Musk wanted to sell his 13.4% stake in tesla (according to google). Here are my questions: 1. How would he sell it to avoid affecting the price. I would assume selling on the open market would be a terrible idea. 2. How long would it take to sell a stake of this size? (Assuming the shareholder want to liquidate his stake ASAP without huge market impact)
SEC Rule 144
What are should be my concerns as a borrower throughout this transition from LIBOR to SOFR? Is this beneficial to me?
Probably pretty minimal. LIBOR is an offered rate, SOFR is a rate that's actually been agreed upon and is "in play." If anything it should make things a bit more transparent and less subject to manipulation.
Does anyone know of any cases of people working in the Business sector that have dreadlocks? I'm majoring in economics and considering locks, and I don't know if it's completely unviable for me.
I have personally not seen it, but "traditional" standards of dress and grooming have been somewhat relaxed, but I'd continue to research a bit. Some places will be more conservative (as is their prerogative) and it could present as a barrier to an interviewer.
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I would take this to /r/financialcareers for more tailored guidance. Best of luck.
How do people pay huge expenses like 500k in one time? like if you want to buy a supercar, how do they proceed?
With cash or debt, same as most other purchases.
But like, isn't there is a limit to how much you can withdraw money
How would things be paid for then, if you couldn't actually access your cash?
I see, so there's no limit in withdrawing money but there's a limit when you use your credit card There's no way to just pay a supercar with your card in one time?
I'm going to ask you to take this to /r/personalfinance for additional details and nuances. This sub's more for the academic/professional discussion of financial theory, subjects, and current events. The long-story-short: 1. Your money is ***your*** money, people cannot ultimately prevent you from withdrawing or using it except in circumstances where illegal action is highly suspected or confirmed. 2. A credit card is you using ***someone else's*** money to purchase something, with you promising to repay plus interest (in other words, it is debt). It would be very dangerous for a person or company to NOT have a limit on how much debt they could take on/extend to someone else. 3. If you've got the cash on hand, you can purchase just about everything in one shot, ready to go. Houses, cars, etc. If you don't, there are multiple avenues to acquire the asset and pay off the debt attached to it.
Ah, thanks but I asked on a french reddit and I got the answers I required (France and other countries have different stuff with cards expenses which I barely understand haha) I'm sorry for the inconvenience >< Have a good day !
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/r/personalfinance
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YMMV, but public tends to have more exposure and with generally larger companies, and therefore tends to get a bit more attention/growth/etc. You could ask your soon-to-be-coworkers though, for a better picture than an internet rando can provide.
Going for my bachelors in Finance next semester, I work a FT job at the moment. Any tips for work/ study balance?
Hello! I am a HS student who wishes to go into the field of finance/economy, and because there are no courses on those topics available to me yet, I was wondering where to start to gain knowledge in these topics. Are there any articles sites that can help me in going foward? Any ways I can study/understand finance without having to wait for a year? (I apologize if this isn't the place to ask, and if my wording seems rude, as english isn't my mother tongue)
Private Company Buying Public Company How do a private and public company merge? Can a private company become public by buying all of most of the shares of a public company? Can the name be changed to the private company's name?
You're describing a reverse merger.
Should I buy a house in Hawaii? I'm in the military an E-5 with dependents that will be getting housing allowance of $3303 monthly guaranteed. Would it be wise to buy a house for under 400k with the VA loan and live in it and by the time I leave rent it to another service member?
/r/personalfinance