hpandey
06-13 12:59 PM
Pappu,
Thanks for the post and your time!
1. "PLEASE Put your real dates in your profile" There is no provision to put dates for CP filers!! All the dates are for 485 filers.
Though it is proven time and again that CP filers are the least needed people on this forum (next to EB3 I - going by this thread), it is unfair not reserving few columns on the profile for CP filers ... It doesn't cost VISA numbers for that...
2. I have told this before but would like to repeat now... I don't contribute because there is nothing for CP filers here. VISA recapturing is the only effort that would benefit CP filers but anyway the chances of that bill passing is close to 0.
In my opinion, the biggest sufferers are people in EB3 India or China and who have opted for CP (now guys, don't start lecturing on CP vs. 485. We have heard it enough).
Hi Will Win
We all are immigrants in some way or the other standing in some line or the other. We need to be together . What IV is trying is to fix the system. If something somewhere gets fixed it surely benefits the immigrants and brings hope for other things that need to be fixed. Don't you think if the EB system here was fixed, IV would have been able to focus on CP ?
We all need to stick together to help each other.
Thanks
Thanks for the post and your time!
1. "PLEASE Put your real dates in your profile" There is no provision to put dates for CP filers!! All the dates are for 485 filers.
Though it is proven time and again that CP filers are the least needed people on this forum (next to EB3 I - going by this thread), it is unfair not reserving few columns on the profile for CP filers ... It doesn't cost VISA numbers for that...
2. I have told this before but would like to repeat now... I don't contribute because there is nothing for CP filers here. VISA recapturing is the only effort that would benefit CP filers but anyway the chances of that bill passing is close to 0.
In my opinion, the biggest sufferers are people in EB3 India or China and who have opted for CP (now guys, don't start lecturing on CP vs. 485. We have heard it enough).
Hi Will Win
We all are immigrants in some way or the other standing in some line or the other. We need to be together . What IV is trying is to fix the system. If something somewhere gets fixed it surely benefits the immigrants and brings hope for other things that need to be fixed. Don't you think if the EB system here was fixed, IV would have been able to focus on CP ?
We all need to stick together to help each other.
Thanks
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gdhiren
07-15 11:27 AM
:( Can the figure $40000 be changed to something appropriate, like " at least the prevailing wage specified by DOL for the job occupation"?
Signed, in fact do we have any lawyers member here, let's sue them as well for spreading the false statements and hurting sentiments of millions.:(
Signed, in fact do we have any lawyers member here, let's sue them as well for spreading the false statements and hurting sentiments of millions.:(
legalVoice
04-27 03:12 PM
Contributed $100 by paypal
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jetflyer
06-13 04:11 PM
when a EB3-I family gets a GC ..they should buy a lottery on that day..it is definitely one of their lucky days
I like that as it aligns with my thought that to get GC (EB India) you need better odds than hitting Lotto :D
I like that as it aligns with my thought that to get GC (EB India) you need better odds than hitting Lotto :D
more...
praveen11777
08-25 12:16 PM
As per today $ conversion rate is ICICI offering 43.28 and SBI is offering 43.16,if you transffer more than $2000. So ICICI offering better rate.
Praveen.
Praveen.
StuckInTheMuck
04-28 12:28 PM
Just a note( i am not trying to deter anybody or argue against your compilation) that by law all foreigners are required to carry their passport, how many of us follow that, on that note, I will not carry original with me at all. just my 0.02 cents.
GCCovet
True, we do not carry passports every time we step out of our house (for example, when going to pick up Bud Lite from my neighboring grocery store). But I would think that passports, unlike the PR card, are not designed to be tucked into your wallet for carrying around. Also, for PR cards the always-carry-it-on-your-person law is explicitly stated (http://www.uscis.gov/portal/site/uscis/menuitem.5af9bb95919f35e66f614176543f6d1a/?vgnextoid=fe17e6b0eb13d010VgnVCM10000048f3d6a1RCR D&vgnextchannel=4f719c7755cb9010VgnVCM10000045f3d6a1 RCRD), whereas, stray cases notwithstanding (http://immigrationvoice.org/forum/showthread.php?t=16736), I am not aware of a similar law for passports (except maybe when you do not have your usual ID, such as DL).
GCCovet
True, we do not carry passports every time we step out of our house (for example, when going to pick up Bud Lite from my neighboring grocery store). But I would think that passports, unlike the PR card, are not designed to be tucked into your wallet for carrying around. Also, for PR cards the always-carry-it-on-your-person law is explicitly stated (http://www.uscis.gov/portal/site/uscis/menuitem.5af9bb95919f35e66f614176543f6d1a/?vgnextoid=fe17e6b0eb13d010VgnVCM10000048f3d6a1RCR D&vgnextchannel=4f719c7755cb9010VgnVCM10000045f3d6a1 RCRD), whereas, stray cases notwithstanding (http://immigrationvoice.org/forum/showthread.php?t=16736), I am not aware of a similar law for passports (except maybe when you do not have your usual ID, such as DL).
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GCard_Dream
01-31 11:29 AM
I haven't read anywhere about what would happen to existing approved labors but since they can no longer be substituted, my understanding is that they can only be used for the original beneficiary. If that person has left the company then that labor is just trash.
This should help because lot of people who have moved to other companies after the labor was approved, those labors will just be useless and taken out of circulation.
If this law does not apply to existing labors, we will still be in the same situation. BTW, what is a desi company. How come it can sell labors? Is selling labor legal?
This should help because lot of people who have moved to other companies after the labor was approved, those labors will just be useless and taken out of circulation.
If this law does not apply to existing labors, we will still be in the same situation. BTW, what is a desi company. How come it can sell labors? Is selling labor legal?
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sj2273
12-23 03:13 PM
done!
Happy New Year everyone!
Happy New Year everyone!
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deletedUser459
06-04 11:47 PM
i give you...
the skaPod!!!
the skaPod!!!
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diqingshen
07-11 11:44 AM
We need to keep up the pressure. I can work our way.
more...
thakurrajiv
07-30 12:02 PM
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!!
Again a great post. Just want to comment that be careful with ETF's too. Most of the ETF's are not physical commodity holders. They play in futures and OTC swap markets.
I have looked hard to find ETF's or MF's fwhich are pure commodity holders e.g gold, silver etc.I still have not found good ones. The closest I could get was some portfolio of mix of real assets and futures. Most of the ETFs are again leveraged and kind of trap for average investors.
There are a few hedge funds or big funds which might offer pure plays but those tend to have huge entry investment requirement basically making them inaccessible to individual small investors.
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!!
Again a great post. Just want to comment that be careful with ETF's too. Most of the ETF's are not physical commodity holders. They play in futures and OTC swap markets.
I have looked hard to find ETF's or MF's fwhich are pure commodity holders e.g gold, silver etc.I still have not found good ones. The closest I could get was some portfolio of mix of real assets and futures. Most of the ETFs are again leveraged and kind of trap for average investors.
There are a few hedge funds or big funds which might offer pure plays but those tend to have huge entry investment requirement basically making them inaccessible to individual small investors.
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sriwaitingforgc
06-11 04:54 PM
finished calling all the reps. Lets hope these bills get passed.
SRK.
SRK.
more...
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va_labor2002
07-28 01:36 PM
What other investment options are available for a GC waiting H1B person.
Can we start a company ? Is it legal ? Can we start a Online web based company ?
Any advices from Gurus !!
I agree house prices are falling across US, if one wants to make a quick buck, house may not be the best option. If the prices and interest rate swing, u will loose big time. It is a nice coffee talk however.
Take for example my friend pays 40 K mortgage per year, and the house price depreciated by 60 K here. he bought it in 2004. Now if he sells he makes 60 K less, + deposit, 80 K two years rent... so in effect, he cud have lived happily for 1200 rent per month, paying abt 30 K for two years and saved the moeny and headache and now he is not finding buyers - as there are lots of houses on sale. This is one of the best areas near San Jose.
So moral of the story is use commonsense. It is easy to give simple advices, if you do not weigh all factors age, job, how long u can repay etc, it will give u insight into affordability and the risks. We folks always look at an X or Y who made money, there are X-n people who also lost, which we tend to overlook for our convenience.
Can we start a company ? Is it legal ? Can we start a Online web based company ?
Any advices from Gurus !!
I agree house prices are falling across US, if one wants to make a quick buck, house may not be the best option. If the prices and interest rate swing, u will loose big time. It is a nice coffee talk however.
Take for example my friend pays 40 K mortgage per year, and the house price depreciated by 60 K here. he bought it in 2004. Now if he sells he makes 60 K less, + deposit, 80 K two years rent... so in effect, he cud have lived happily for 1200 rent per month, paying abt 30 K for two years and saved the moeny and headache and now he is not finding buyers - as there are lots of houses on sale. This is one of the best areas near San Jose.
So moral of the story is use commonsense. It is easy to give simple advices, if you do not weigh all factors age, job, how long u can repay etc, it will give u insight into affordability and the risks. We folks always look at an X or Y who made money, there are X-n people who also lost, which we tend to overlook for our convenience.
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MY_GC_DREAMS
02-13 05:26 PM
As mentioned In Logiclifes first post in this forum,
Organizations who have Millions of dollar In budget for pushing and lobbying their Issues failed also for whatever reason ( He did not mention reasons ).
Does that mean that having a fat budget does not Impact the outcome ?
What It proves Is Its really the Politics, election, People's focus on the Issue which matters and NOT the lobbying with big fat budget.
And If its the case then our issue will be taken care of on its own merit when all above factors are in our favour, regardless of lobbying.
Just a thought, I hope I am not upsetting the general trend of praising efforts.
Organizations who have Millions of dollar In budget for pushing and lobbying their Issues failed also for whatever reason ( He did not mention reasons ).
Does that mean that having a fat budget does not Impact the outcome ?
What It proves Is Its really the Politics, election, People's focus on the Issue which matters and NOT the lobbying with big fat budget.
And If its the case then our issue will be taken care of on its own merit when all above factors are in our favour, regardless of lobbying.
Just a thought, I hope I am not upsetting the general trend of praising efforts.
more...
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smisachu
01-25 09:19 PM
I have read in several forum that one cannot form own company and sponsor H1 through that. The logic is sponsoring H1 is work and you cannot work without H1.
I think it is acceptable logic. Otherwise many would have sponsored H1 for self.
Check with some attorney.
I started my company when on H1 but I did not sponsor myself or anyone. I also did not withdraw earnings from the company since it was not my main income. I only started withdrawing earnings from the company after I got my GC and I can claim on taxes. But it is a good idea to ask an attorney.
I think it is acceptable logic. Otherwise many would have sponsored H1 for self.
Check with some attorney.
I started my company when on H1 but I did not sponsor myself or anyone. I also did not withdraw earnings from the company since it was not my main income. I only started withdrawing earnings from the company after I got my GC and I can claim on taxes. But it is a good idea to ask an attorney.
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raju123
02-13 05:59 PM
I support IV
Go IV and have solution for Retrogression
Go IV and have solution for Retrogression
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number30
01-28 11:05 PM
one of the leading lawyer's client reported that he got his H1B approved for a multi-layered consulting situation without even a client letter. So it depends on the lawyer who is presenting the case.
Anyways let us wait and see.
Is it Attorney or the Nice officer ?
Anyways let us wait and see.
Is it Attorney or the Nice officer ?
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chanduv23
04-28 01:30 PM
UN,
Have there been any updates on this case that you are at liberty to share?
Thanks in advance.
Yes, I am also interested to find out what is happening.
Have there been any updates on this case that you are at liberty to share?
Thanks in advance.
Yes, I am also interested to find out what is happening.
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bobzibub
05-25 02:57 PM
well said... and key point is we are bashing (if that's what you want to call it) the system (we are part of the system) not Americans...
Lot of people fail or choose not to see that.
We do have a right to request prompt, fair service.
We do have a right to expect to be treated by the system as we treat the system: with respect.
If we do not actively seek to change the system for the better, then who will?
There is no injustice that some justify with "well, he's illegal!" or "He's not American!" It is not acceptable. Not just because it is unfair to us, but because there are no bounds to it.
If early Americans just accepted how the British treated them, there would be no United States. Not arguing for revolution, but I am saying that any efficiency that exists today exists because of the demand for it. Regardless of citizenship.
Lot of people fail or choose not to see that.
We do have a right to request prompt, fair service.
We do have a right to expect to be treated by the system as we treat the system: with respect.
If we do not actively seek to change the system for the better, then who will?
There is no injustice that some justify with "well, he's illegal!" or "He's not American!" It is not acceptable. Not just because it is unfair to us, but because there are no bounds to it.
If early Americans just accepted how the British treated them, there would be no United States. Not arguing for revolution, but I am saying that any efficiency that exists today exists because of the demand for it. Regardless of citizenship.
mjdup
07-15 09:55 PM
good job !
immigration_law
08-24 07:30 PM
Hi All,
All this memo states is that USCIS will not automatically expedite the FBI name check simply because a writ of mandamus is filed. This memo signaled a national shift in the way USCIS responds to these types of lawsuits.
The U.S. Attorney's Office will now fight the writ of mandamus lawsuit by filing Motions to Dismiss and Motions for Summary Judgment. While this obviously lengthens the time it takes for a case to proceed, it is still very possible to win and force the government to adjudicate the application.
Hope this clears up any confusion,
Justin Fok
All this memo states is that USCIS will not automatically expedite the FBI name check simply because a writ of mandamus is filed. This memo signaled a national shift in the way USCIS responds to these types of lawsuits.
The U.S. Attorney's Office will now fight the writ of mandamus lawsuit by filing Motions to Dismiss and Motions for Summary Judgment. While this obviously lengthens the time it takes for a case to proceed, it is still very possible to win and force the government to adjudicate the application.
Hope this clears up any confusion,
Justin Fok