You don’t know what you don’t know
W-2 form: Federal Income Tax, SST, Medicare Tax (Can save)
Property Tax, School Tax, Estate Tax, Sales Tax, Gift Tax
Two tax systems: one for salaried employees and the other for small/home-based business owners
Use small business to take advantage of tax benefits
Qualifying your business: Ordinary and necessary expenses – defined by the courts and the IRS as “reasonable and customary”. Paid or incurred during the taxable year. Connected with the conduct of a traded or business.
Expenses: Vacation, Mileage, Mobile, Printing, Commute
Important points:
NO. 2 豆腐+海带 避免碘缺乏 豆腐里的皂角苷成分,好处是促进脂肪代谢,阻止动脉硬化发生;但易造成机体碘缺乏,与海带同食可避免这个问题。
NO. 3 豆腐+萝卜 避免消化不良 豆腐植物蛋白丰富,但多吃可引起消化不良,萝卜有助消化之功,与萝卜同食,此弊即可消除。
1. Book value of the assets vs fair value of the assets: (FV-BV) of FA, Intangible (based on cash flow @ valuation date - BS is valued at a point of time and BS reflects the historical information), Goodwill (Future benefits that can't be clearly categorized today such as assembled workforce and benefits from future customers).
2. Fair value of the company: DCF valuation based on future cash flow
3. The goodwill is the part that brings the company the future value. (the invisible part of a company)
1. Be organized:
Walk the manager through your model and work with your assumption and analysis confidently and clearly.
Filing the E-mails of different projects in an organized way and in time.
2. Responsive
Respond to the E-mail in time, give feedback and always reply to E-mail in a thoughtful way.
3. Differentiate yourself by your analysis
Take a position and do your analysis with thoughts and quality.
Find out why, have the right judgment of the industry.
Know your project including facts and analysis
4. Excellence in modeling and no model error
5 Performing the manager role and take the job as your own
Stay away from credit cards (bank loans) and invest in yourself and
A. Money doesn't create man but it is the man who created money.
B. Live your life as simple as you are.
C. Don't do what others say, just listen them, but do what you feel good.
D. Don't go on brand name; just wear those things in which you feel comfortable.
E. Don't waste your money on unnecessary things, just spend on them who really in need rather.
F. After all it's your life then why give chances to others to rule our life.
read others' thought and understand the world.
http://tw.myblog.yahoo.com/so-fresh/article?mid=147&prev=152&l=a&fid=9
我是一只孤独的小猪。
朋友说,要会享受孤独。
我不懂得享受,但是如果能让我写出自己的孤独的话,似乎可以快乐一点。
今天在地铁上,遇到一个老者。 he borrowed the national geography in my hand and read happily. He introduced me that the front page is the slovenia's Bled lake. It's super pretty there he said. Also he said he had great experience in Croatia, which is located east of Venice and is beside Italy.
When I told him that I have been to Czech Republic, he immediatly knows that I made a mistake with Slovenia and Slovakia. Faint. What a silly mistake I had make. Anyway he let me know what place I wanna visit next. :)