For a large, highly liquid ETF like SPY, it’s easy to rapidly unwind a position at a very tight spread. How does Double’s approach—directly holding the individual underlying securities—compare in terms of market liquidity and transaction costs, especially if I need to quickly liquidate my portfolio or adjust my positions?
Is that really a concern for anything in the S&P 500? The underlying concern is valid, but for this specific example it seems like a best case scenario for avoiding that problem.
Mautâm is a cyclic ecological phenomenon that occurs every 48–50 years in the northeast India. It begins with a rat population boom, which in turn creates a widespread famine in those areas.
I've read https://bikeshed.com/ several times over, but never bothered to look at who Bret Glass was. Well, four years ago, he published a rebuttal on quora.
It mattered for people on the East Coast. Where I am (New York), we couldn't access Github, Twitter, Paypal and many other services. To make matters worse, AWS us-east region was configured to use Dyn. Therefore, many applications that depended on it (and on Heroku) were down. At my workplace, we had to reconfigure DNS for our own applications even though we didn't directly use Dyn. It really was a big deal.
Its a campaign by the PM of India to encourage companies to 'make in India' and hence the website name. Of course we all know the label 'made in Xyz', but they probably chose the name based on the campaign name.
EDIT: But I agree that the website fails to clearly state its objectives and provide information to people on how to navigate the ubiquitous red tape.
While I've heard this argument over and over again that H1Bs are cheap labor, there is little hard evidence to support this. And while I agree, that there are cases of US visas (any visa, not just H1s) that are abused, generalizing the H1Bs as cheap labor is going too far. I speak from my own personal experience.
The salaries of the average H1B worker compared to the average American worker are probably relatively close.
But when I say H1B workers are "cheap labor" I'm claiming this on aggregate. If we take a charitable view that an H1B worker is paid $5K less than a non-H1B worker per year - and that's very charitable based on the numbers I've heard thrown around - a company like Tata or Accenture is looking at tens of millions of dollars in savings.
Note also my characterization was not on the quality of the work produced by H1B workers: I've seen some good and some bad, just like everyone else really. But having artificially cheap labor is inherently bad, both for the laborers that can't negotiate something better & workers in the rest of the industry whose wages are deflated to match.
Indeed, cheap labor is really only good for one group: the one that's constantly pushing to increase the H1B cap.
There is also the matter which was discussed in the original post: there are countless ways for employers to take advantage of immigrant workers. This makes them more desirable than native workers, who have more options.
I have spoken to HR people that say H1Bs's are 15 to 20k/year cheaper on average. The trick is disconnecting what they do from what their job title is. After that you just pay them less for the same job.
That's not pure savings as there are plenty of paperwork costs etc, but you still end out ahead after ~1 year of work. O and just submit a lot of names to the lotto.
It's not always cheap labor, but when perusing the publicly listed wages for engineers on h1-b visas, they seem on average lower than the offers I've received for the same title at the same companies. It's hard to make any strong conclusions however, since most salaries are not published and just a job title does not say too much about how someone was hired into a company.
I agree generalizing it as cheap labor is not fair, but I do feel sorry for my friends just starting their careers with a serious lack of job mobility.
1) You could opt for a plain old wire transfer between accounts, I think the banks charge $15 for that, but its almost immediate.
2) Or you could deposit the check in your Canadian bank account. Although, in this case you'll have to wait for the banks to clear your check.
3) Or if you have a bank account in the US, you could use an online service like Xoom. https://www.xoom.com/canada/send-money
Its not straightforward to acquire US citizenship. There are many hurdles to be crossed, for example, moving from a Student Visa to a work visa like an H1-B, after which your employer can to apply for your Permanent Residency (which again is a long process depending on the country you are from) and then you have to wait 5 years before you can apply for Citizenship. You may be able to apply for permanent residency based on relatives in the US or apply for asylum, and I'm assuming the author couldn't use any of the latter methods to get a green card.
It is really beautiful. The minimalistic user interface is much more usable now. And the results for some test queries I ran were pretty good. Great work! I'm going to switch my default search engine for a few days and see how that goes.
'certain' in this context means: those H1B holders who have completed 6 years of the original visa term. They are compelled to either wait and languish in line, or go back home where their spouse can work.
Where do you see that? If that is the case then it helps only those who applied for permanent residency late in their 6 year H1-B term hence they don't have EAD for their spouse through green card application but can extend their H1-B status indefinitely.
