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Last fall, I invested in a blockchain startup. Now, I have a goal of creating a paid position in the company within a few months. There looks to be some very big investment just around the corner, and they are launching an extremely exciting product within a couple of months. I do not have any concrete skills that are directly relevant and that can be easily monetized in the company - yet. Therefore, my intention is to learn by showing up. Basically being at the office pretty much every day and absorb. I have money for spending for a few months to come, so I can afford to be there without getting paid for a little while. Plus, of course, my equity may do a job giving me an "income" as well. So, wealth will most likely increase anyway, but I of course need some income to pay bills etc. While showing up is usually a great way to learn stuff in general (and I have good experience of this), I think I may need a strategy for exactly how I should be showing up in this context. Does anybody here have experience immersing yourself in a new business? What is my best strategy here, be as curious as I can? Ask questions as often as possible? Help brew coffee as often as possible? Be as critical (constructively, of course) as possible? Etc etc Advice would be much appreciated
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Proposed Major Tax Hike on College Savings Accounts in the United States: http://www.forbes.com/sites/ryanellis/2015/01/19/obamas-new-state-of-the-union-tax-hike-on-middle-class-529-college-savers/ More details on this and other new proposed tax hikes in the State of the Union address: http://benswann.com/obamas-robin-hood-plan-to-collect-320-billion-in-new-taxes/
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- collegesavings
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http://www.examiner.com/article/bank-deposits-will-soon-no-longer-be-considered-money-but-paper-investments "On Nov. 16, the G20 will implement a new policy that makes bank deposits on par with paper investments, subjecting account holders to declines that one might experience from holding a stock or other security when the next financial banking crisis occurs. Additionally, all member nations of the G20 will immediately submit and pass legislation that will fulfill this program, creating a new paradigm where banks no longer recognize your deposits as money, but as liabilities and securitized capital owned and controlled by the bank or institution." "For most Americans with savings or checking accounts in federally insured banks, normal FDIC rules on deposit insurance are still in play, but anyone with over $250,000 in any one account, or held offshore, will have their money automatically subject to bankruptcy dispursements from the courts based on a much lower rank of priority, and a much lower percentage of return."
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- moneycurrency
- investment
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