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I use transferwise, they give you the interbank rate and charge a percentage fee that's disclosed. They also have the option for multicurrency accounts. They're set up to convert money, rather than be a broker or forex trading firm, so if that's what you're looking to do it's pretty fast and...

So Keynes would say that stimulating an economy that's already doing well with very low unemployment and incurring debt that makes it less possible to do this during the next economic downturn would be lunacy. Are you saying that the markets realize this and are going up (or at least not going...

Actually supply and demand are pretty much week one of any intro to econ course....

No question supply and demand impacts the price and is responsible for the vast majority of the minor moves. I wasn't sure if the OP saw volatility as more or less a fixed value based on the wording of his post. I probably could have better articulated the point that perceived volatility is a...

The price movement is generally due to a change in perceived volatility. Can you rule that out in this case?

You're making a massive assumption here that markets and/or the economy do better when Republicans control the House, Senate, and Presidency. You may want to check that against empirical evidence.

I hadn't heard that, what are the issues there? Planning a trip to check out Portugal this summer and possibly do the investment to permanent residence to citizen thing (without moving there full time), so am very interested in places to go/not to go.

Bottom line is that you can't make more money based on interest rate differentials by moving your money to different currencies. If your home currency is HKD, you'll end up with the same amount of money at the end of the day if you leave your money in HKD. If you want to play currency markets...

Do me a favor and indulge in a short thought experiment with me. Imagine a kid, one of the hard working driven kids, who grows up in McDowell County, WV. Dad dies of a heroin overdose, mom's an addict, a couple siblings you're de-facto raising, one of whom is frequently in serious trouble. You...

What was the smog situation like in Santiago? It's another place I've heard mixed reviews on, mainly that it would be perfect except it's got a "LA in the 70s" level smog problem because now the bowl geography and inversions. Is that accurate or an exaggeration?

ZAR depreciates versus the USD. One ZAR is expected to be worth 6% less compared to the USD in a year than it is today. That's what the forward rate is. Since your ZAR is worth 6% less in a year (or 3% less in 6 months, the timeframe doesn't matter), then getting 6% interest only compensates you...

Add to that the consequences of errors in at least consumer oriented startup software is significantly lower than the consequences of errors in financial software. It's not unusual to spend significantly more time on testing and bug fixes than on actual development even in a non mission critical...

Flowcharts are pretty much useless in the current OOP environment, the type of flowchart shown above hasn't really been used by actual developers since the 80s. That said anything that helps you organize your thoughts to spec out a project is good, so perhaps at a very high level this might be...

I'd maintain that a community discussion is nearly the opposite of a guru based self-help book.

To grossly over simplify, your ZAR will be worth 6% less in terms of USD a year from now, so when you get 6% interest but the ZAR is worth 6% less it's a wash. You can see this by looking at ZAR 1 year forwards which are 6% below current ZAR spot. Again a big oversimplification, but essentially...

I agree, that's the ultimate irony of the whole thing. You have this idea that we need to strip the EQ out of every decision and rely on facts and information. Who can argue with that? But to do that, we need to rigidly follow a set of rules from a messianic leader who literally has enforcers to...

Maybe I misunderstood, but how it was related to me was that the core goal is to criticize the individual in order to ensure they strip out their inner weakness and learn to follow "The Principles" (their caps not mine) which are Dalio's rules with their heart and soul. Which everyone has to...

The "radical honesty" thing directly conflicts with the "praise in public, criticize in private" concept that is taught in every military leadership class and pretty universally espoused. Officers and senior enlisted in the military spend a great deal of their time studying, discussing, and...

I think it's one of those things that is great for some and horrible for others. I would have hated working at Apple because of Jobs, lots of people still think he was some kind of God. I'm sure you've talked to both ex BW people who left on good terms and those who where expelled, the...

It takes about 18 month to acclimate to any cult.