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Re: Payroll services for very small business
That's wild, never heard of it, looks very interesting
I use it. Under 25 employees its free.
There is a small charge for them to handle the withholdings.

January 29, 2019, 01:35:18 PM
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Re: PSA: Don't swipe recklessly for others
The only advice here that matters is to never invest money you canít afford to lose.

I disagree about the others. I think the people that became billionaires from investing with Zuckerberg would disagree with you.
They didnít loan him money, they bought equity. Which means they had unlimited upside which made their risk of loosing it all (Thanos) worth the gamble.

February 10, 2019, 09:50:49 PM
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Re: Chai Lifeline
I don't have the slightest clue about them, but I think the idea that a matching campaign is a sign of financial trouble is kind of ridiculous.

A lot of organizations use it as a way of consolidating small donors into a couple days, also it encourages small donors to stretch a bit more

February 21, 2019, 09:27:32 PM
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Re: PSA: Don't swipe recklessly for others
maybe some good is coming out of this
if some people are divorcing their spouse because of money.
maybe its better that it happened this way instead of being married to a gold digger
Itís not the money as much as the breach of trust, itís very hard for a spouse to hear that their partner was partaking in risky behavior that they were unaware of and that has left them in hundreds of thousands of dollars of debt. At a minimum it would take a lot of work to rebuild the trust necessary for a healthy marriage based on mutual respect and trust.

February 24, 2019, 01:40:00 PM
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Re: PSA: Don't swipe recklessly for others
Yet banks frequently lend at this rate on unsecured, non-recourse lines of credit (translation: credit cards) based on nothing but your credit score and stated income
They peg the apr on the assumption that x amount of loans will default, however most donít default and the profit margin from the performing loans cover the loans that defaulted. In short they can spread their risk over many many customers. You are lending to one person so you have an inordinate amount of exposure. (Same idea as insurance paying out benefits which makes that specific policy a loss, however most policies our BĒH never claimed).
There are actuaries that get paid very well to price the risk, odds of default, etc.

February 25, 2019, 12:56:17 PM
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Re: PSA: Don't swipe recklessly for others
There seems to be a bigger picture that people are missing out on here about buying groups.

Buying groups are not a legitimate business. They are using workarounds to game the system. The manufacturer or retailer does not want to sell the merchandise wholesale or in bulk to unauthorized distributors, so they crowdsource by asking individuals to buy and deliver them.

Everyone knows by now that the manufacturers and retailers are well aware of this scheme. Google once suspended hundreds of Gmail accounts because of the Pixel buying group (you can thank Dan for getting them to reinstate those accounts). Best Buy, Target and others have blacklisted many buyers. It's not illegal, but it's still not legitimate. (Some have mentioned importing these items to other countries without paying import taxes/tariffs, that is indeed illegal)

To put this in perspective, imagine I said that I had a fleet of taxis in NYC making a ton of money but I don't have a taxi medallion from the city, or I said I owned a hot-dog stand in NYC making a ton of money without a permit. Would you invest $100,000 with me?

Investing large sums of money is risky even when investing in legitimate businesses, how much more so with illegitimate businesses.

Is it less risky than swiping for a merchant? certainly. But consider this: Swiping for a merchant is like jumping off a 100ft building and hoping to survive. Buying for a group is like jumping off a 30ft building and hoping to survive.

The instances that you quote as illegitimate, are operating without a license. Buying groups are breaking corporate policies.
The consequences for crossing the government are much more dire than being blacklisted by Wal-Mart/BestBuy/Target ( I have been blacklisted from Wal-Mart for 5 years and I have not experienced major disruptions from this, would not want to know what the feeling is being hounded by DoT/DoH..)

February 25, 2019, 05:12:02 PM
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Re: PSA: Don't swipe recklessly for others

Klein isn't working for free. He charges 25-30% with 5% up front non refundable, and there is no guarantee that you'll get your money back
And if he is working for the borrowers he has an incentive to say that disputes can be illegal.
The only person that you should take legal advice from is a lawyer that is working for you and has your best interests in mind

February 26, 2019, 12:07:36 PM
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Re: Ad Campaign for spreading awareness anti credit card swiping businesses! "Never attribute to malice that which is adequately explained by stupidity."
Robert J Hanlon

February 26, 2019, 09:31:06 PM
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Re: PSA: Don't swipe recklessly for others
you can open a different thread on that topic
but as of now i am the rabbi of ddf
Are you promoting or demoting yourself.
On a serious note, some sensitivity is necessary when dealing with as delicate a situation as this is.

February 27, 2019, 09:22:44 AM
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Re: Which seat would you choose? I would take window and aisle in a row of 3 close to the back of the plane and hope that the middle seat stays empty
February 27, 2019, 09:39:44 AM
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