So I'm following Bender's guide on tracking your adjusted cost base and it's all good for the most part.
But, looking at the distribution breakdown sheet from the CDSinnovations website for BMO Aggregate Bond Index ETF (ZAG), the return of capital values seem to be way bigger then what they should be.
For example, for 2018 it states 4.59834 for every month, while according to my statements it should be around 0.017 (also 4.5 per share ends up being a huge number if you have a decent amount of shares).
Spreadsheets for other ETFs do have correct values, so maybe I'm missing something here?
Also, looking at BMO's website they only show the annual number for return of capital (0.020500) but at least it adds up if you divide by 12. So I'm wondering where does CDS get their data from?
Did anybody else encounter this issue?
With the news of Amit Shah trying to grab votes on the back of the Balakot Strike, I decided to share the following essay on the current administration's short-sighted machinations.
I don't condemn military action. I feel that any military strike with a clear strategic goal is an essential tool in a Nation's foreign policy toolbox. I am not averse to "surgical strikes" or raids provided the goals are clearly outlined and there is net positive outcome.
I do however take umbrage when the actions of our Armed Forces are traded in for cheap, short-term political capital. This is what I feel has happened in the last two days.
The Balakot "Pre-emptive" attack is an albatross around Modi's neck. What should've been a low profile, covert operation was paraded in front of the wolfish Indian media. It was a blatant effort to save face, to live up to a manufactured image in the eyes of the Indian public which was enraged - rightly so - at the catastrophic loss of 40 CRPF Jawans in the Pulwama attack.
In doing so, India lost sight of WHY such strikes are conducted and why they need to be covert actions.
Pakistan is not a homogeneous whole - a singular entity of evil. It's a nation which is under Military rule at every possible level. The Pakistani military's raison d'etre is Indian aggression - perceived and real both.
The Pakistani Military and 'Deep State' can only maintain control if there is a credible and immediate threat to Pakistan from India. Through proxy warfare and supporting sub-versive, terrorist elements in J&K they are assured that India reacts predictably to any major attacks - derail peace talks, incite Indian military action and retain a stranglehold through panic and fear-mongering.
The Balakot air-strikes ignored the above and the Indian Civil Leadership in typically short-sighted manner failed to account for the fact that if you challenge the Pakistani Military Leadership or Sovereignty in such a blase manner then there will be fallout which cannot be favourable.
What bothers me to no end is the absolute lack of strategic vision the current Govt. has showcased by choosing to thump-chests and be overt about their "strong" retaliation.
A covert, plausibly deniable attack on the same target - I have serious doubts that the air strikes cause 300 casualties - would sidestep a direct challenge to the Pakistani Military and Deep State
... keep reading on reddit ➡Hi everyone!
Hi everyone, I have a question on calculating the cost of capital. I have an excerpt from Kaplan’s MBA Fundamentals in Accounting and Finance
See the attached screenshot below:
I would like to know how this book arrived at the numbers stated in the “cost” column.
For instance, in the long-term bank loan, how did the book arrived at 4.2% for the cost? Is there a formula for this?
**EDIT **
I finally figured out the why the proportion was 0.04. This was achieved by $100,000 / $2,500,000.
P.S. New to finance so I'd appreciate a detailed explanation. Thanks.
I am trying to explain the concept of wage exploitation to a small business owner and have found a hole in my knowledge base. Let's say that this business has 4 employees plus the owner and each employee is paid $50,000 per year and the owner is paid $100,000 per year. Each employee, as well as the owner, generates $200,000 in revenue for the business each year resulting in total annual revenue of $1,000,000. This means that $300,000 of the is revenue goes to employee and owner salaries. Let us also assume the business has $300,000 in operational expenses resulting in a profit of $300,000. Essentially this can be categorized as surplus value extracted from the workers of the company. Now, what if the company has extremely high capital costs such as trucks, heavy equipment, tools, and machines that require a significant amount of re-investment each year? How would these capital costs be considered in the framework of extracting surplus value from workers?
I understand that in a purely Socialist viewpoint all of this capital would be considered to be private property, however, for the sake of this argument, I am only interested in the wage exploitation piece and not the private property piece.
The startup crowd, from Flipkart to Swiggy to Paytm, are all owned by funds from China, Japan or the US. And now, other large companies too are seeing increasing foreign ownership - from an ICICI Bank to HDFC to even the now beleaguered Jet Airways by Etihad. Liquor brands in India also - McDowell/United Spirits are now owned by Diageo, Kingfisher beer by Heineken, and so on. The large standout is still Reliance Industries, but by and large, foreign investors find India a lot more attractive than Indians do, it seems.
Why is that?
In the latest episode of the Capitalmind Podcast, /u/deepakshenoy explains how the high interest rate environment in India is impacting businesses, and the investment opportunities that might show up when rates ease. Listen In.
http://capitalmind.libsyn.com/the-cost-of-capital-in-india-episode-3
I will discuss the issue from the spending side
I think a lot of people have noticed the rise in price in many essential service after the new year. I just had a hair cut and the price went up from $17 to $20. Nobody is surprised because we knew it would happen. But if you really think about it. What demography would get affected by rise in cost of living the most? It’s the middle class. The upper class spends very little in day to day expenditure as a percentage of their total net worth.
The effect of rising cost of living would greatly affect the middle class, more so than the rest of the society.
As the gov is trying to tackle social inequality, I would like to give my two cents. I am an accountant so I can only analyze from a tax perspective. The difference in income tax vs capital gain is huge. Together with tfsa abd rrsp account. The compounding effect is what makes rich gets richer. I remember one year someone in my family cleared over 300k in cap gain (some in tfsa and some in rrsp while other in cash account). I was shocked to find that he actually reported less tax than I did (300k cap gain become 150k taxable cap gain and some transaction occurred in rrsp etc).
There should be a reform to tax the rich not to make cost of living higher for the middle class
Any thoughts
Hello everyone,
I was having an argument with someone regarding the future cost of renewable energy, and i remember reading a paper from the Fraunhofer Institute where they showed this table :
The only problem being, i can't find the paper back. Can anyone help me ?
Thanks in advance.
Sure, for certain kinds of solo PVE, Mauraders are alright. If you know what to expect in terms of the enemy's offensive and EWAR capabilities (esp. CAPWAR), and if you're built to withstand it, you're ready for battle. (Fun fact: Mauraders are above average for running L4s, but they are not top tier.) Sure, if you have a fleet you can count on to keep you alive, well... then you can fly anything, so whatever. Sure, if you don't rely on Bastion as your primary mode of operation (you are using it infrequently or during emergencies only because your logi isn't coming to the rescue) then maybe they aren't so bad after all. Maybe.
But what if you are relying on Bastion heavily? What then?
Problem #1: You are stationary. Under the current mechanics: in the absence of a alpha damage cap, this means you will be liable to instapop to a far greater extent by alpha strikes than ships whose movement mitigates incoming damage. (An alpha damage cap is not to be confused with the windowed dps damage caps that Upwell POSes have.) A BS running an afterburner will generally incur substantially less damage from alpha strikes than a stationary BS, so why are Mauraders delegated to being almost categorically useless in most high-end PVE or PVP scenarios just because they can't mitigate volley damage? I'm not saying a volley damage cap is the best solution (though I think it is), but how else is a Maurader going to survive against coordinated alpha strikes from long-range dreads in LS/NS or even Attack Battlecruisers in HS?
Problem #2: When in Bastion, you can't receive logi - this in itself is not a problem since it's one of those risk vs reward things... however: you have have no increased resistance to CAPWAR, nor are you able to receive cap from logi. Even an unbonused frigate with a few neuts will render most Maurader fits defenseless and, in the case of the Kronos and Paladin, unable to fire turrets. (Not saying that "most" fits are particularly good or worthy of high end PVE/PVP, however.) This is all but guaranteed if you face an Amarr T2 EWAR Neut or Blood Vamp ship in battle. Nothing strikes fear into the heart of a Maurader like a Sentinel or Cruor (or their bigger brothers). At least other ships can receive cap from logi, but for a Maurader in Bastion being CAPWARed, those can be the longest 60 seconds of your life. ***If you're going to withstand being heavily CAPWARed under multiple Bastion cycles, you're going to need some excess capacitor v
... keep reading on reddit ➡Egypt is trying to follow in the footsteps of China and Dubai by funding megaprojects. This is causing a few issues including, most notably, the fact that their federal budget is now almost sixty percent dedicated to paying their debt obligations. This episode goes over how they got there.
https://www.youtube.com/watch?v=Bz7RY6U1BU0&feature=youtu.be
Egypt is trying to follow in the footsteps of China and Dubai by funding megaprojects. This is causing a few issues including, most notably, the fact that their federal budget is now almost sixty percent dedicated to paying their debt obligations. This episode goes over how they got there.
https://www.youtube.com/watch?v=Bz7RY6U1BU0&feature=youtu.be
Hello everyone,
I was having an argument with someone regarding the future cost of renewable energy, and i remember reading a paper from the Fraunhofer Institute where they showed this table :
https://preview.redd.it/lzylqpf5ko831.png?width=1266&format=png&auto=webp&s=5e11c66b6ef43c3d9b937afc9f813656643df18a
The only problem being, i can't find the paper back. Can anyone help me ?
Thanks in advance.
Egypt is trying to follow in the footsteps of China and Dubai by funding megaprojects. This is causing a few issues including, most notably, the fact that their federal budget is now almost sixty percent dedicated to paying their debt obligations. This episode goes over how they got there.
https://www.youtube.com/watch?v=Bz7RY6U1BU0&feature=youtu.be
