[–] 13987291? 1 point 1 point 2 points (+2|-1) ago
I'm going to address your bullet points one by one. Yeah, finance has politics wrapped around its finger. But that's the nature of using a measurable tool of power to beget more power.
Stocks are valued on market expectations, not purely performance. There are different types of stocks; common and preferred. Common comes with voting rights but preferred has higher priority encase of bankruptcy and generally better dividends. Learn the difference between categories such as blue chip and growth to acclimate your risk preferences. Future cash flows are the most important measure, learn to sort operational flows from financial and investing flows.
Normies are unlikely to bother with the fees associated with hedge funds, and instead will opt for indexes. Hedge funds are not meant to outperform the market as much as they are to mitigate nonsystematic risk.
Financing businesses are irrelevant to normies, except if they're entrepreneurs starting or growing their companies. A company that expects outside financing begins by preparing a business plan of at least 40 pages, with a year goal and 5 year objectives. There must be measures to check along with flexibility to cater to conditions set by seed financing and angel investors.
Intellectual property law is legal, not finance though it requires cash.
Renting requires researching laws regarding residential or commercial. Commercial is much stricter. Calculating rent to cover fixed and variable costs shouldn't be hard, but rates should closely match competition.
Currency exchange is international finance. This is an area dominated by commercial banking and corporations where algorithms quickly move money. Normies should understand the effects of strong and weak currency on exporting and importing. Most currencies today are fiat, but are backed by economies and government history of credit payments. There are also pegs, fixed rate, and floating exchange rates to learn.
Insurance fucking sucks, and costs have become exorbitant because of people too broke to pay along with illegals/refugees.
Be cautious with this one. Usually the tradeoff for setting the money in such funds is paying the new tax at withdrawal. The most likely solution to social security under-funding the government will decide is to inflate it away. That's because they don't have to say they're lowering benefits while making it relatively worth less.
Find someone with expertise to help set a trust fund up.
For IRA and Roth-IRA, see #8.
This may not be an option for many people, as they don't have enough cash on hand to travel out of country for lower costing medical attention they have to wait on.
Case by case basis.
Corporate liability law is legal, not finance.
Take gen ed at a community college and transfer the credits to a better school when pursuing a select major. Try going for as many scholarships as possible and avoid the unforgivable debt.
See #6.
The best way to gain citizenship in another country is to develop a proper skill set to ease the process or find a spouse there. This isn't considering insane progressive stack migration policies.
Don't look everyday, be patient, and be willing to eat losses instead of falling for the sunk cost fallacy.
Small claims is legal.
You should be able to search a lawyer's prior history on your own, otherwise you'll become a lemming.
Nonprofits require additional accounting and legal lessons, due to higher difficulties in investing. Even so, being the person forming a nonprofit doesn't entitle you to all the rights to it, so expect give and take within such an organization, akin to the CEO being answerable to the board.
Voting issues from stock you own will be mailed. Research activist shareholding to further expand upon this point.
So easy even Bolshevik Bernie's brownshirts can understand funding how to fund a campaign (not legalities regarding refunds, though).
Super PACs are outside the reach of normies, they were established solely for political elites to maintain control.
Learn how to lobby and how the iron triangle works. Some reps are more receptive to public feedback.
[–] 13985608? 0 points 1 point 1 point (+1|-0) ago
I concur that the current financial knowledge in the public is atrocious, but good luck creating any effective memes beyond YOLO speculating that WSB does.
Most struggle to properly grasp the most basic lesson; buy low and sell high. Good luck getting people to understand bond duration, self sustaining growth rate, NOPAT, calculating beta, or even derivatives in meme format.
Having normies better educated in finance won't halt any deceptive practices or scams. You should understand that derivative pooled securities came about to elude existing regulations. It served to make assets such as mortgages more liquid, even hiding the risk of some included. Normies won't have any effect on derivatives, since most of it is done to offset risk off balance sheet for banks and corporate financing.
However, if you're referring to the likes of Wells Fargo and Bernie Madoff, then it's a matter of teaching ethical conduct consumers should demand for transparency in servicing financial products. Looking to government for the solution, however, is foolish due to regulatory capture, financial engineering, and extravagent campaign contributions.
[–] CharlesVI 0 points 3 points 3 points (+3|-0) ago
I'm no genious but I can help on stocks 101. (Pm me) anyone have good links for the other bullet points?