apnair2002
04-18 01:14 AM
Once again Thankyou very much for the core team for doing the great work.
I paid two contribution through American express card and one by cheque.How much is American express commission rates.?
I paid two contribution through American express card and one by cheque.How much is American express commission rates.?
wallpaper david hasselhoff superstar
waitingGC
02-06 03:56 PM
How long will it probably take for China EB2 to move to August 2005? It's now in April 2005. Any idea?
vnsriv
03-13 11:26 AM
it doesnt hurt to believe, you are 9 months away...:-)
As the guy who posted it said, this is a normal process....Consulates will know 3 to 4 days before...
That is correct, 9 months and then I will return to my country for good.
I am waiting for the day when we get the GC , we will tear it into pieces and throw in front of consulate.
Cheers
As the guy who posted it said, this is a normal process....Consulates will know 3 to 4 days before...
That is correct, 9 months and then I will return to my country for good.
I am waiting for the day when we get the GC , we will tear it into pieces and throw in front of consulate.
Cheers
2011 from his founding fathers
sertasheep
07-19 04:54 PM
I'm not writing this in my capacity as a core member, but just as a regular individual. Aman has selflessly worked towards EB immigration reform, at the cost of precious personal time with family, as well as taking vacation time in order to make the numerous trips to Washington DC. He has not asked for reimbursement for expenses incurred during numerous previous trips to DC.
The skilled professional community, those who are members of IV, and those aren't yet, must be extremely grateful to Aman for this selfless act.
He may not like me stating this, but this is true.
Several volunteers have spent hundreds of dollars out of their own pockets without disturbing IV funds for press releases, travel and so on.
One important thing: Money is an enabler for several things including operating expenses, infrastructure mobilization, etc., However, at the end of the day, solidarity and efforts count.
While IV will continue to require funds, members are encouraged to assist in other non-monetary ways as well. That would be even more powerful information for us when we get in touch with policy influencers. A recent example was the stories requested by Cong. Loefgren's office, for which we had to prepare several stories, requring us to get in touch with you all. Completed information will help easen this process
a) Please discard your cloaks of anonymity and complete your profiles with your information. That's the first step.
b) The next step is to increase awareness among the community, law makers and influencers.
c) Get more members to enroll.
d) Assist in non-monetary ways: How many of you have non-working spouses, friends, et al who can contribute focused time and effort(not money). In other words, volunteer time and effort?
Please write to info@immigrationvoice.org
The skilled professional community, those who are members of IV, and those aren't yet, must be extremely grateful to Aman for this selfless act.
He may not like me stating this, but this is true.
Several volunteers have spent hundreds of dollars out of their own pockets without disturbing IV funds for press releases, travel and so on.
One important thing: Money is an enabler for several things including operating expenses, infrastructure mobilization, etc., However, at the end of the day, solidarity and efforts count.
While IV will continue to require funds, members are encouraged to assist in other non-monetary ways as well. That would be even more powerful information for us when we get in touch with policy influencers. A recent example was the stories requested by Cong. Loefgren's office, for which we had to prepare several stories, requring us to get in touch with you all. Completed information will help easen this process
a) Please discard your cloaks of anonymity and complete your profiles with your information. That's the first step.
b) The next step is to increase awareness among the community, law makers and influencers.
c) Get more members to enroll.
d) Assist in non-monetary ways: How many of you have non-working spouses, friends, et al who can contribute focused time and effort(not money). In other words, volunteer time and effort?
Please write to info@immigrationvoice.org
more...
goodluck
12-14 12:22 PM
No It was not a joke.
If you think you earn way more then go ahead and contribute more. I just put dollar amounts in front. Many desis here work at 55-65K per year and that is roughly $30 an hour. The ideas is get off your high horses and earn money through sheer labor to get the job of funds done. I see no problem with that.
Hey, dude, I hope that this was a joke :D
Because I doubt that anyone willing to wash my car for a few bucks is highly skilled. Personally, I prefer, give 1 day of salary - that's way over $25, and far more effective (I get paid more than $25 for the time it takes to wash a car).
[edited]
Huum, I rather thing that it was not a joke. No offense intended.
The dinner and movie is the best idea.
Actually I think that the other ideas to be "less than optimal", thus I thought they were a joke.
If you think you earn way more then go ahead and contribute more. I just put dollar amounts in front. Many desis here work at 55-65K per year and that is roughly $30 an hour. The ideas is get off your high horses and earn money through sheer labor to get the job of funds done. I see no problem with that.
Hey, dude, I hope that this was a joke :D
Because I doubt that anyone willing to wash my car for a few bucks is highly skilled. Personally, I prefer, give 1 day of salary - that's way over $25, and far more effective (I get paid more than $25 for the time it takes to wash a car).
[edited]
Huum, I rather thing that it was not a joke. No offense intended.
The dinner and movie is the best idea.
Actually I think that the other ideas to be "less than optimal", thus I thought they were a joke.
voldemar
02-28 02:05 PM
Now I understand. This guy PBECiskillingme bought a substituted labor (used illegal means) to get his application to move ahead. He thinks everyone is like him and thus criticized IV on our forums. It is because of people like him and employers that sell LC, we all get a bad name. He should also be reported to DOL and USCIS.Very strange and insulting conclusions. The only thing I was telling is that there is still time to get labor substitution done. Also there is a risk. Till substitution is banned it's not illegal.
more...
smisachu
07-30 11:47 AM
You can trade commodities like stocks by taking a directional bet on long term price movement. But this is what you need to consider. Stocks always trade in Spot. If you buy MSFT you own shares of Microsoft today. Although single stock futures (SSF) are available now we will not look at derivatives right now.
Commodities are traded as futures. You can buy Soy futures today for December delivery or lean hogs for dec 2010 delivery.
Under conditions of No-Arbitrage the price of the future will be the price of the spot plus storage and delivery costs. If for example 3 month LSC (Light Sweet crude) is trading on NYMEX at $60; the cost of storage and delivery is say $20 for 3 months. Then 6 month LSC should be trading at $80. But if you look at the contract it might be trading at $55.
The reason being fundamentals. The peak driving season or the hurricane season is over and heating oil season is not yet on us or by looking at weather derivatives traders are factoring in milder winter. The leader of Iran has declared he will step down from office and retire to Hawaii, the rebels in Nigeria have turned themselves in and joined a church missionary..stuff like that.
So you might believe these fundamental assumptions or you might do your own research and say that the traders are wrong and they are discounting critical factors and the price should be more. So you can go long the future and hope for an increase in price and sell the future before delivery for a profit. This is the expensive route but you will never be wiped out for sure. Price of crude may drop but will never go to zero.
Or you trade options on the futures, for example:
Borrow money (leverage) buy the call; short delta units of the future contract and invest the proceeds at the risk free rate.
If you are correct the call will end up in the money, the shorted futures will loose value but since it is “delta” units it is only a portion of the position and the invested money will earn you the risk free rate. So you make some money on the call and loose some on the hedge and net you will profit. (Hopefully to cover the transaction costs and taxes)
If you are wrong (price falls) your call will expire worth less so you are wiped out there, your short will increase in value and you will still earn the risk free rate. So although net you will loose money it will not be as much as a naked call because of delta hedging.
This is explained in very very simple terms. Each transaction step will indicate modeling prices to know if the future is priced correctly, if the option is priced correctly and if the leverage you are getting is correct. Plus modeling future price movements and expected rate of returns and the most primary thing in any transaction the “Alpha”. Source of alpha should be very clearly defined. Let me go a bit deep and include some simple math:
E[R] = Alpha + betaR + epsalon
Where E[R] is the expected return-(see statists for more on expectation functions.)
alphais the excess return
betaR is market return or what the price of the commodity does in the duration chosen. (Market betais 1)
epsalonis error term or un explained return.
(Sorry the greek symbols did not display so I wrote words)
This is a kindergarten model of modeling your alpha. As there are many variables you will use a multi variant model to figure out return. Plus as I said in my previous post you have to model jumps. Jumps are spikes of very short duration which will only be seen in a log normal price distribution. A Gaussian distribution might not be changed much because of a spike of small duration. For example if you are trading electricity and the temperature in NJ hits 110 degrees, there is going to be a spike on that day for electricity prices but this will fall as soon as temperature falls.
And the core issue of all is you need to have access to products as indicated by puddonhead plus money and leverage capacity and risk bearing capacity. As you see this is not for the faint of heart or for some one to do part time. If you are really sophisticated and can do this with good resources, fine or else my advice is stick to stocks or stock derivatives. Hedge funds have teams of quants and super computers sitting and doing this every day. They will vacuum out even the slightest of alpha out there; they will simply take your money if you enter into a wrong trade. If someone is a quant and does this for a living then if his contract allows it or if his licensing allows it legally he can do it on the side but apart from it definitely not something the retail investor should indulge in. Just invest in some ETF like GLD or USO or some commodity mutual funds at the max.
Best of luck!!
Commodities are traded as futures. You can buy Soy futures today for December delivery or lean hogs for dec 2010 delivery.
Under conditions of No-Arbitrage the price of the future will be the price of the spot plus storage and delivery costs. If for example 3 month LSC (Light Sweet crude) is trading on NYMEX at $60; the cost of storage and delivery is say $20 for 3 months. Then 6 month LSC should be trading at $80. But if you look at the contract it might be trading at $55.
The reason being fundamentals. The peak driving season or the hurricane season is over and heating oil season is not yet on us or by looking at weather derivatives traders are factoring in milder winter. The leader of Iran has declared he will step down from office and retire to Hawaii, the rebels in Nigeria have turned themselves in and joined a church missionary..stuff like that.
So you might believe these fundamental assumptions or you might do your own research and say that the traders are wrong and they are discounting critical factors and the price should be more. So you can go long the future and hope for an increase in price and sell the future before delivery for a profit. This is the expensive route but you will never be wiped out for sure. Price of crude may drop but will never go to zero.
Or you trade options on the futures, for example:
Borrow money (leverage) buy the call; short delta units of the future contract and invest the proceeds at the risk free rate.
If you are correct the call will end up in the money, the shorted futures will loose value but since it is “delta” units it is only a portion of the position and the invested money will earn you the risk free rate. So you make some money on the call and loose some on the hedge and net you will profit. (Hopefully to cover the transaction costs and taxes)
If you are wrong (price falls) your call will expire worth less so you are wiped out there, your short will increase in value and you will still earn the risk free rate. So although net you will loose money it will not be as much as a naked call because of delta hedging.
This is explained in very very simple terms. Each transaction step will indicate modeling prices to know if the future is priced correctly, if the option is priced correctly and if the leverage you are getting is correct. Plus modeling future price movements and expected rate of returns and the most primary thing in any transaction the “Alpha”. Source of alpha should be very clearly defined. Let me go a bit deep and include some simple math:
E[R] = Alpha + betaR + epsalon
Where E[R] is the expected return-(see statists for more on expectation functions.)
alphais the excess return
betaR is market return or what the price of the commodity does in the duration chosen. (Market betais 1)
epsalonis error term or un explained return.
(Sorry the greek symbols did not display so I wrote words)
This is a kindergarten model of modeling your alpha. As there are many variables you will use a multi variant model to figure out return. Plus as I said in my previous post you have to model jumps. Jumps are spikes of very short duration which will only be seen in a log normal price distribution. A Gaussian distribution might not be changed much because of a spike of small duration. For example if you are trading electricity and the temperature in NJ hits 110 degrees, there is going to be a spike on that day for electricity prices but this will fall as soon as temperature falls.
And the core issue of all is you need to have access to products as indicated by puddonhead plus money and leverage capacity and risk bearing capacity. As you see this is not for the faint of heart or for some one to do part time. If you are really sophisticated and can do this with good resources, fine or else my advice is stick to stocks or stock derivatives. Hedge funds have teams of quants and super computers sitting and doing this every day. They will vacuum out even the slightest of alpha out there; they will simply take your money if you enter into a wrong trade. If someone is a quant and does this for a living then if his contract allows it or if his licensing allows it legally he can do it on the side but apart from it definitely not something the retail investor should indulge in. Just invest in some ETF like GLD or USO or some commodity mutual funds at the max.
Best of luck!!
2010 Quotes from the Founding
msp1976
03-09 02:19 PM
I asked one of my friend (who is from retrogresed country) whether he is aware of IV, a group of "like-minded" members working on immigration retrogression related relief?
He quipped me back saying that he is aware of IV and IV is NOT "like-minded" group but "Money-minded" group of people, keeping on asking money all the time....Definately, its sending wrong signal...
Yes...Now you see the problem of over-agressive campaigning for contributions..Also the problem with members fighting over money with core team and vice-versa...
This is the answer for your friend....
Well...Organization does not run on thin air...raising money is essential....
The organization has no option but to ask for money...This is going to happen anywhere you go....At least we are working for your benefits...It is not like we are asking you to write over your assets...It is minimal contribution....This is a fraction of your car insurence bill....a fraction of your lunch money for a month.....price of a tank of gas.....the rewards would be much greater .... This is one investment in your future that would give you returns in 100000 time of your investment..... and it is highly recommended...
PS I am a monthly contibutor...so do not start ranting...
He quipped me back saying that he is aware of IV and IV is NOT "like-minded" group but "Money-minded" group of people, keeping on asking money all the time....Definately, its sending wrong signal...
Yes...Now you see the problem of over-agressive campaigning for contributions..Also the problem with members fighting over money with core team and vice-versa...
This is the answer for your friend....
Well...Organization does not run on thin air...raising money is essential....
The organization has no option but to ask for money...This is going to happen anywhere you go....At least we are working for your benefits...It is not like we are asking you to write over your assets...It is minimal contribution....This is a fraction of your car insurence bill....a fraction of your lunch money for a month.....price of a tank of gas.....the rewards would be much greater .... This is one investment in your future that would give you returns in 100000 time of your investment..... and it is highly recommended...
PS I am a monthly contibutor...so do not start ranting...
more...
BostonGCVictim
07-16 06:53 PM
done
hair founding fathers quoteson the
hopefull
05-24 03:32 PM
I totally agree. They want to issue visas to all of them in a year... They will have more RFEs for legals than illgeal so people should work towards their temporary permnanent residency that is Z
You can call Jose in Mexico and they ll deliver a passport in less than a week. ALL WE NEED IS TO REGISTER A LAWN MOWING FIRM and then BILL THE CLIENT at 100$/Hr for first designing the plan for the mowing on a computer and then getting a MEXICAN to do it for us. ...;-)
AM I BEING REVERSE RACIST? AM I BAD? I think its healthy to speak your mind out against opression based on RACE
You can call Jose in Mexico and they ll deliver a passport in less than a week. ALL WE NEED IS TO REGISTER A LAWN MOWING FIRM and then BILL THE CLIENT at 100$/Hr for first designing the plan for the mowing on a computer and then getting a MEXICAN to do it for us. ...;-)
AM I BEING REVERSE RACIST? AM I BAD? I think its healthy to speak your mind out against opression based on RACE
more...
smisachu
01-21 04:25 PM
smisachu,
You seemed to be a Pro with so much of information.
I know this is a pretty old thread, but interested to find out if you give some tips on starting this business on a H1B and how i can withdraw profits from that?
Any help is appreciated.
Thanks
What exactly do you mean when you say starting this business? Do you want to open a trading account on your own and trade? Join a day trading firm? Or open a Fund? Each one will have different implications on H1. You can open your own investment account with a brokerage firm and trade your own money, no problem with H1 what so ever.
If you join a day trading firm you will have to be on H1 with them. Very few ones do but I know of a couple who will do it. In fact a classmate of mine is working as a Trader/Analyst with a small trading firm in NYC. They have sponsored his H1.
Starting a fund, (if you can get the seed money :D), you open a LLC and sponsor yourself. You will be an employee of the company and draw a salary. You tell me what you have in mind and I will tell you what to do or what I did.
You seemed to be a Pro with so much of information.
I know this is a pretty old thread, but interested to find out if you give some tips on starting this business on a H1B and how i can withdraw profits from that?
Any help is appreciated.
Thanks
What exactly do you mean when you say starting this business? Do you want to open a trading account on your own and trade? Join a day trading firm? Or open a Fund? Each one will have different implications on H1. You can open your own investment account with a brokerage firm and trade your own money, no problem with H1 what so ever.
If you join a day trading firm you will have to be on H1 with them. Very few ones do but I know of a couple who will do it. In fact a classmate of mine is working as a Trader/Analyst with a small trading firm in NYC. They have sponsored his H1.
Starting a fund, (if you can get the seed money :D), you open a LLC and sponsor yourself. You will be an employee of the company and draw a salary. You tell me what you have in mind and I will tell you what to do or what I did.
hot founding fathers quoteson the
desi3933
08-20 09:47 AM
The oath of allegiance is:
"I hereby declare, on oath, that I absolutely and entirely renounce and abjure all allegiance and fidelity to any foreign prince, potentate, state, or sovereignty of whom or which I have heretofore been a subject or citizen;
.......
......
.....
Question: Once one takes US citizenship s/he promises to renounce and abjure all allegiance and fidelity to any foreign prince, potentate or state then how come one confidently say that s/he would still be in love to a home country?
Exactly my thoughts. However, that does not mean that I am not proud of heritage and culture of my country-of-origin.
The vast majority of people are here on these forums for getting their GC and USC.
I appreciate everyone who has congratulated me. Thank you so much. Please note that I sill belong to legal immigrant community and nothing can change that.
Good Luck to everyone (and that includes people who have given me red dots with comments) and I hope you get your GC soon.
____________________________
Proud to be an Indian-American and legal immigrant.
"I hereby declare, on oath, that I absolutely and entirely renounce and abjure all allegiance and fidelity to any foreign prince, potentate, state, or sovereignty of whom or which I have heretofore been a subject or citizen;
.......
......
.....
Question: Once one takes US citizenship s/he promises to renounce and abjure all allegiance and fidelity to any foreign prince, potentate or state then how come one confidently say that s/he would still be in love to a home country?
Exactly my thoughts. However, that does not mean that I am not proud of heritage and culture of my country-of-origin.
The vast majority of people are here on these forums for getting their GC and USC.
I appreciate everyone who has congratulated me. Thank you so much. Please note that I sill belong to legal immigrant community and nothing can change that.
Good Luck to everyone (and that includes people who have given me red dots with comments) and I hope you get your GC soon.
____________________________
Proud to be an Indian-American and legal immigrant.
more...
house Patriotic Quote by Thomas
sc3
08-11 02:52 PM
I am wondering the same for 2002 applicants. I wonder if many people were approved in 2007 fiasco and if yes, then why PD is stuck at Nov 2001?
I am also thinking the same that many might have been approved in 2007, because most of these applicants had a chance to apply before the gates were closed in 2005, and would have been approved in 2007. But 0 responses is still odd.
The reasons for Nov 2001 PD could be due to backlog processing centers that held sway over these applicants (non-RIR cases), but by same yardstick, there still should be some cases in early 2002. Odd indeed (though a good kind of "odd", as we will get a welcome jump in dates once they ball starts rolling).
I am also thinking the same that many might have been approved in 2007, because most of these applicants had a chance to apply before the gates were closed in 2005, and would have been approved in 2007. But 0 responses is still odd.
The reasons for Nov 2001 PD could be due to backlog processing centers that held sway over these applicants (non-RIR cases), but by same yardstick, there still should be some cases in early 2002. Odd indeed (though a good kind of "odd", as we will get a welcome jump in dates once they ball starts rolling).
tattoo our founding fathers along
somma
11-01 04:53 PM
I would love to go back to my country i.e India but the problem is there are already tons of people in there and I seriously think they are more brilliant, intelligent and hardworking than me.
If I go back I would be burden to that country so I prefer to stay back with my lazy and un-motivated attitude and also the environment suites me for getting me laid every time I need one.
If I go back I would be burden to that country so I prefer to stay back with my lazy and un-motivated attitude and also the environment suites me for getting me laid every time I need one.
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pictures founding fathers This fire
smartboy75
10-12 04:58 PM
Hey SmartBoy,
Thank you for efforts to calm us down. But my H1b transfer to the new company has been already approved and now they have reopened the one from my previous employer.
Now that your H1B from new company has been approved, they must have reopened the old one to send the notice to lawyer requesting them to confirm that you no longer work with them.
Anyways since ur new H1 is approved you have nothing to worry... chill and Njoy
Thank you for efforts to calm us down. But my H1b transfer to the new company has been already approved and now they have reopened the one from my previous employer.
Now that your H1B from new company has been approved, they must have reopened the old one to send the notice to lawyer requesting them to confirm that you no longer work with them.
Anyways since ur new H1 is approved you have nothing to worry... chill and Njoy
dresses founding fathers - a man
abhijitp
12-03 01:35 PM
Is this a legal option for a non profit? If so, I suggest we go for it!
Here is one scheme I have been thinking about:
1. Every week members donate any amount they like over paypal
2. At the end of the week one of them is selected and refunded 2 times his contribution amount
3. To make things interesting and ensure the scheme "helps" and not "hurts" IV: Change the selection process every once in a while e.g. One week you select the user who has donated an "average" amount, but next week you select the "highest" donor, in the 3rd week you select the "5th" name in the donor's list irrespective of his amount, and so on.
e.g.
consider the following players/amounts in a given week:
user1: $20
user2: $100
user3: $10
user4: $45
user5: $25
user6: $50
user7: $25
user8: $5
user9: $10
user10: $100
________
Total: $390
Divide by 10 users: $39
This week's selection process: Select the "average" donor.
Who donated an amount closest to the average? : user4 ($45)
Therefore, refund user4 for $90
What IV received in the process: $390- $90 = $300
The other BIG question is: what incentive do people then have to sign up for monthly contributions, which is clearly the preferred way of contributing as it helps in planning and budgeting? The answer would probably be "bigger" prizes for those who sign up for monthly contributions!
Of course... if only people realize there can be no greater incentive than receiving your Green Card sooner/ being able to apply for AOS any time after LC/PERM stage is cleared.... we would not have to care about all these fancy ideas!
Too bad people can't see what is "2+2" until it is shown as 2*2*2 - 2^2!
Here is one scheme I have been thinking about:
1. Every week members donate any amount they like over paypal
2. At the end of the week one of them is selected and refunded 2 times his contribution amount
3. To make things interesting and ensure the scheme "helps" and not "hurts" IV: Change the selection process every once in a while e.g. One week you select the user who has donated an "average" amount, but next week you select the "highest" donor, in the 3rd week you select the "5th" name in the donor's list irrespective of his amount, and so on.
e.g.
consider the following players/amounts in a given week:
user1: $20
user2: $100
user3: $10
user4: $45
user5: $25
user6: $50
user7: $25
user8: $5
user9: $10
user10: $100
________
Total: $390
Divide by 10 users: $39
This week's selection process: Select the "average" donor.
Who donated an amount closest to the average? : user4 ($45)
Therefore, refund user4 for $90
What IV received in the process: $390- $90 = $300
The other BIG question is: what incentive do people then have to sign up for monthly contributions, which is clearly the preferred way of contributing as it helps in planning and budgeting? The answer would probably be "bigger" prizes for those who sign up for monthly contributions!
Of course... if only people realize there can be no greater incentive than receiving your Green Card sooner/ being able to apply for AOS any time after LC/PERM stage is cleared.... we would not have to care about all these fancy ideas!
Too bad people can't see what is "2+2" until it is shown as 2*2*2 - 2^2!
more...
makeup the Founding Fathers Do?
punjabi77
09-23 07:02 PM
It is a free world. One can vent out his anger anywhere he wants. the person chose to got to immigrationportal..chill out people.. we are uncecessarily giving importance to that post..
girlfriend Founding Father#39;s
indianindian2006
12-09 10:21 AM
Can somebody please explain what does LUD stand for ? Thanks in advance.
lud--last updated date
lud--last updated date
hairstyles Founding Fathers got it right
gc_eb2_waiter
07-16 11:11 AM
signed
vikki76
02-01 04:14 PM
There are lot of people from different countries who have exploited asylum system as well.
I actually admire indian graduates of different streams who are able to transfer to computer science so easily.Maybe it is education in basic sciences and Maths earlier.
Sure, there are not Nobel prize winners within our community, but generally, some how, people are able to deliver what is expected of them.If consultants are not of high quality,Hiring companies fire them easily.As it is,there is strong anti H1-B propanganda going on,so if anything we discuss here,can be picked up external groups.
I actually admire indian graduates of different streams who are able to transfer to computer science so easily.Maybe it is education in basic sciences and Maths earlier.
Sure, there are not Nobel prize winners within our community, but generally, some how, people are able to deliver what is expected of them.If consultants are not of high quality,Hiring companies fire them easily.As it is,there is strong anti H1-B propanganda going on,so if anything we discuss here,can be picked up external groups.
md_alien
01-31 09:52 AM
Done