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<|im_start|>user Do I have to pay taxes on income from my website or profits?<|im_end|> <|im_start|>assistant Being a tax professional, my understanding is that the threshold limit is a single limit for all your source(s) of income. Now many people who already draw salary which is liable to tax, develop application for...
<|im_start|>user Is it better to buy US stocks on US stock exchanges as a European?<|im_end|> <|im_start|>assistant Liquidity on dual listed equities is rarely the same on both exchanges. More liquidity means you would typically get a better price assuming you execute the trades using the same order types. It's recomme...
<|im_start|>user Why do governments borrow money instead of printing it?<|im_end|> <|im_start|>assistant “Why do governments borrow money instead of printing it? (When printing money, one doesn't need to pay interest).” Good question. Numerous leading economists, including a couple of economics Nobel Laureates have a...
<|im_start|>user how derivatives transfer risk from one entity to another<|im_end|> <|im_start|>assistant The important thing to realize is, what would you do, if you didn't have the call? If you didn't have call options, but you wanted to have a position in that particular stock, you would have to actually purchase it...
<|im_start|>user Adding a 180 day expiration to checks<|im_end|> <|im_start|>assistant Your bank has discretion to honor checks after 6 months, so you should talk to your bank about their specific policy. In general, banks won't accept "large" stale checks. The meaning of "large" varies -- $25,000 in NYC, as little as ...
<|im_start|>user Why might it be advisable to keep student debt vs. paying it off quickly?<|im_end|> <|im_start|>assistant Congratulations for achieving an important step in the road to financial freedom. Some view extending loan payment of loans that allow the deduction of interest as a good thing. Some view the hit o...
<|im_start|>user Can a company block a specific person from buying its stock?<|im_end|> <|im_start|>assistant A more serious problem: how do you know who's really buying your stock? "Shell companies" are an increasingly obvious problem in corporate and tax accountability. There are jurisdictions where companies can be ...
<|im_start|>user What are the pros and cons of buying an item on installments with zero percent interest?<|im_end|> <|im_start|>assistant I personally take the zero percent financing plans any day. I have done this with my car and the iphone 6s. The vendors are trying to make it more attractive for you to "afford" th...
<|im_start|>user why do energy stocks trade at lower prices compared to other sectors?<|im_end|> <|im_start|>assistant I don't know why stocks in some industries tend to have lower prices per share than others. It doesn't really matter much. Whether a company has 1,000,0000 shares selling for $100 each, or 10,000,000 s...
<|im_start|>user First Job, should I save or invest?<|im_end|> <|im_start|>assistant Congrats on your first real job! Save as much as your can while keeping yourself (relatively) comfortable. As to where to put your hard earned money, first establish why you want to save the money in the first place. Money is a mean t...
<|im_start|>user Why is property investment good if properties de-valuate over time?<|im_end|> <|im_start|>assistant One reason for this is that many people don't simply allow their houses to rot and decay. If you're talking about a house built in 1980 and left vacant and unmaintained for 35 years, it probably will be ...
<|im_start|>user Why are index funds called index funds?<|im_end|> <|im_start|>assistant Because they track an index. Edited: The definition of the word in this case meaning "something used or serving to point out; a sign, token, or indication" from Meaning #3 I presume therefore you are asking what an index is? There...
<|im_start|>user What does PMI mean?<|im_end|> <|im_start|>assistant Private Mortgage Insurance. It's money that you pay to an insurance company to make the lender whole in the event that you go into default. It's a real waste of money for you. If you are trying to finance more than 80% of the value of a home, a standa...
<|im_start|>user How to distinguish gift from payment for the service?<|im_end|> <|im_start|>assistant Generally, a one time thing is considered a gift. For the donor this is obviously not a deductible expense, except for some specific cases (for example promotional gifts under $25 to vendors can be deducted, if you're...
<|im_start|>user Recent college grad. Down payment on a house or car?<|im_end|> <|im_start|>assistant Given the state of the economy, and the potential of a rough near future for us recent grads (i.e. on/off work), I would recommend holding off on large purchases while your life is in flux. This includes both a NEW ca...
<|im_start|>user Comparing keeping old car vs. a new car lease<|im_end|> <|im_start|>assistant Look at the basic cost of the lease. Option 1: keep the car for three years. Pay for repairs during that time then sell it for $7,000. Option 2: Sell the current car for $10,000. Lease a new car for three years. Assume no ne...
<|im_start|>user How does giving to charity work?<|im_end|> <|im_start|>assistant For many people, giving to charity will have minimal effect on their taxes. Non-profits love to attract donations by saying the money is tax deductible, but for most people, it doesn't work out that way. You will only itemize deductions i...
<|im_start|>user Why is routing number called ABA/ABN number?<|im_end|> <|im_start|>assistant With number of Banks increasing every country at some point in time adopted an Identification code. In US these are called ABA number because they are allocated by American Bankers Association, in UK Sort Codes ... like wise f...
<|im_start|>user How did I end up with a fraction of a share?<|im_end|> <|im_start|>assistant Theoretically, yes, you can only buy or sell whole shares (which is why you still have .16 shares in your account; you can't sell that fraction on the open market). This is especially true for voting stock; stock which gives y...
<|im_start|>user Why do financial institutions charge so much to convert currency?<|im_end|> <|im_start|>assistant Is there not some central service that tracks current currency rates that banks can use to get currency data? Sure. But this doesn't matter. All the central service can tell you is how much the rate was ...
<|im_start|>user Is it a good investment for a foreigner to purchase a flat/apartment in China?<|im_end|> <|im_start|>assistant I think a greater problem would be the protection of your property right. China hasn't shown much respect for the property rights of its own citizens - moving people off subsistence farms in ...
<|im_start|>user What is needed to be a “broker”?<|im_end|> <|im_start|>assistant You must understand that: So, if you -- the prospective buyer -- are in Waukegan, do you take the train all the way to New York City just to buy 100 shares of stock? No. That would be absurdly expensive. So, you hire an agent in NYC wh...
<|im_start|>user How to calculate ownership for property with a partner<|im_end|> <|im_start|>assistant To add to ChrisInEdmonton's answer: Your conveyancing solicitor should be able to advise on the details, but a typical arrangement involves: As an alternative to the numbers in Chris' answer, it could be argued that ...
<|im_start|>user Digital envelope system: a modern take<|im_end|> <|im_start|>assistant If psychologically there is no difference to you between cash and debit (you should test this over a couple of months on yourself and spouse to make sure), then I suggest two debit cards (one for you and spouse) on your main or sepa...
<|im_start|>user Long term investing alternative to mutual funds<|im_end|> <|im_start|>assistant You are not limited in these 3 choices. You can also invest in ETFs, which are similar to mutual funds, but traded like stocks. Usually (at least in Canada), MERs for ETFs are smaller than for mutual funds.<|im_end|>
<|im_start|>user Why do interest rates increase or decrease?<|im_end|> <|im_start|>assistant My answer is specific to the US because you mentioned the Federal Reserve, but a similar system is in place in most countries. Do interest rates increase based on what the market is doing, or do they solely increase based on wh...
<|im_start|>user Value of put if underlying stays below strike?<|im_end|> <|im_start|>assistant The value at expiration does not depend on the price path for a plain vanilla European or American option. At expiration, the value would simply be: max[K - S_T, 0], where: K is the strike price, and S_T is the underlying pr...
<|im_start|>user For the first time in my life, I'm going to be making real money…what should I do with it?<|im_end|> <|im_start|>assistant On the one hand, it's a great idea to open a Roth IRA now, once you've got the cash to contribute. It's a tax designation sounds like it would fit your meager earnings this year. T...
<|im_start|>user Why don't market indexes use aggregate market capitalization?<|im_end|> <|im_start|>assistant They do but you're missing some calculations needed to gain an understanding. Intro To Stock Index Weighting Methods notes in part: Market cap is the most common weighting method used by an index. Market cap...
<|im_start|>user I file 83(b) election, but did't include a copy of it in that year’s tax return<|im_end|> <|im_start|>assistant I've consulted with 5-6 accountants and people who've had the issue before. The advice I received boils down to: "If you do not attach your 83b with your personal tax return it is not effecti...
<|im_start|>user What one bit of financial advice do you wish you could've given yourself five years ago?<|im_end|> <|im_start|>assistant I wish I had started contributing to the pension fund offered by my employer sooner than it became compulsory. That is, I started working when I was 23 but did not contribute to the ...
<|im_start|>user What is a Discount Called in the Context of a Negative Interest Rate?<|im_end|> <|im_start|>assistant Negative Yields on Bonds is opposite of Getting profit on your investment. This is some kind of new practice from world wide financial institute. the interest rate is -0.05% for ten years. So a $100,0...
<|im_start|>user Where should I invest to hedge against the stock market going down?<|im_end|> <|im_start|>assistant There are multiple ETFs which inversely track the common indices, though many of these are leveraged. For example, SDS tracks approximately -200% of the S&P 500. (Note: due to how these are structured,...
<|im_start|>user What happens to the insider trade profits?<|im_end|> <|im_start|>assistant You seem to have a little confusion over terminology that should be cleared up: You are calling this "day-trading" Day-trading is the term for performing multiple trading actions in a single day. While it appears that the COO ha...
<|im_start|>user Is CLM a stock or an ETF?<|im_end|> <|im_start|>assistant Cornerstone Strategic Value Fund, Inc. is a diversified, closed-end management investment company. It was incorporated in Maryland on May 1, 1987 and commenced investment operations on June 30, 1987. The Fund’s shares of Common Stock are traded ...
<|im_start|>user Ways to establish credit history for international student<|im_end|> <|im_start|>assistant I think you should try to talk with the credit union at your campus first, they may have offer you a credit card even you don't have any credit history.<|im_end|>
<|im_start|>user Do I have to pay a capital gains tax if I rebuy the same stock within 30 days?<|im_end|> <|im_start|>assistant Yes. Wash rules are only for losses.<|im_end|>
<|im_start|>user Can a credit card company raise my rates for making a large payment?<|im_end|> <|im_start|>assistant No. Credit card companies will typically not care about your individual credit card account. Instead they look either at a "package" of card accounts opened at roughly the same time, or of "slices" of c...
<|im_start|>user Should we prepay our private student loans, given our particular profile?<|im_end|> <|im_start|>assistant Based on your numbers, it sounds like you've got 12 years left in the private student loan, which just seems to be an annoyance to me. You have the cash to pay it off, but that may not be the opti...
<|im_start|>user Should Emergency Funds be Used for Infrequent, but Likely, Expenses?<|im_end|> <|im_start|>assistant I would suggest that you use Emergency Funds for things that have a Low likelihood of happening but if they do happen can be devastating. I used to work as a financial advisor and the sugfestion we gave...
<|im_start|>user When's the best time to sell the stock of a company that is being acquired/sold?<|im_end|> <|im_start|>assistant This is but one opinion. Seek others before your act. "When someone puts a million dollars in your hand, close your hand." A 50% gain in two weeks is huge.<|im_end|>
<|im_start|>user Home loan transferred to Freddie Mac — What does this mean?<|im_end|> <|im_start|>assistant Lenders may sell your mortgage to other lenders for a fee. For example, your lender might sell your mortgage to the highest bidder who may want to purchase your mortgage by making a one time payment. For your...
<|im_start|>user Why do I get a much better price for options with a limit order than the ask price?<|im_end|> <|im_start|>assistant There are people whose strategy revolves around putting orders at the bid and ask and making money off people who cross the spread. If you put an order in between the current bid/ask, pe...
<|im_start|>user How to execute a large stock purchase, relative to the order book?<|im_end|> <|im_start|>assistant I normally just do a buy limit at the price I want to buy it at. Then it executes when it's that price or lower, but there's still a chance you might purchase some shares at a larger price. But since we'r...
<|im_start|>user Where should my money go next: savings, investments, retirement, or my mortgage?<|im_end|> <|im_start|>assistant As the others said, you're doing everything right. So, at this it's not a matter of what you should do, it's a matter of what do you want to do? What would make you the happiest? So, what w...
<|im_start|>user What are the benefits of opening an IRA in an unstable/uncertain economy?<|im_end|> <|im_start|>assistant Even Gold lost 1/2 of it's value between 1980 and 2000. You would not have fared well if you retired during that period heavily invested in Gold. http://www.usagold.com/reference/prices/history.h...
<|im_start|>user How to determine duration of a common stock whose dividends grow in perpetuity?<|im_end|> <|im_start|>assistant The Dividend Discount Model is based on the concept that the present value of a stock is the sum of all future dividends, discounted back to the present. Since you said: dividends are expecte...
<|im_start|>user Rate of change of beta<|im_end|> <|im_start|>assistant This is a useful metric in that it gives you a trust factor on how reliable the beta is for future expectations It is akin to velocity and acceleration First and second order derivatives of distance / time. Erratic acceleration implies the vel...
<|im_start|>user Am I “cheating the system” by opening up a tiny account with a credit union and then immediately applying for a huge loan?<|im_end|> <|im_start|>assistant Credit Unions turn a profit by lending money at a higher interest rate than their savings do, just like banks do. It is an amoral feat, completely p...
<|im_start|>user Pay online: credit card or debit card?<|im_end|> <|im_start|>assistant Nowadays, some banks in some countries offer things like temporary virtual cards for online payments. They are issued either free of charge or at a negligible charge, immediately, via bank's web interface (access to which might eith...
<|im_start|>user What should I do with the stock from my Employee Stock Purchase Plan?<|im_end|> <|im_start|>assistant While my margin is not nearly as good as yours, I sell out early. I generally think it's a bad idea to hold any single stock, as they can vary wildly in value. However, as you mention, it's advantage...
<|im_start|>user Who could afford a higher annual deductible who couldn't afford a higher monthly payment?<|im_end|> <|im_start|>assistant It's simple. Most people don't spend $6000 a year in medical care. As for myself, there's probably only $400 or less, mostly in annual checkups and the like. If you are the type to...
<|im_start|>user UK student loans, early repayment/avoiding further debt<|im_end|> <|im_start|>assistant I think you're right that from a pure "expected future value" perspective, it makes sense to pay this loan off as quickly as possible (including not taking the next year's loan). The new student loans with the highe...
<|im_start|>user Should I purchase a whole life insurance policy? (I am close to retirement)<|im_end|> <|im_start|>assistant Disclaimer: I work in life insurance, but I am not an agent. First things first, there is not enough information here to give you an answer. When discussing life insurance, the very first thin...
<|im_start|>user Why are wire transfers and other financial services in Canada so much more expensive than in Europe?<|im_end|> <|im_start|>assistant I don't believe there is any particular structural or financial reason that outgoing wire transfers cost so much in Canada, their costs are no higher than other countries...
<|im_start|>user Stochastic Oscillator for Financial Analysis<|im_end|> <|im_start|>assistant While trading in stochastic I've understood, one needs reference (SMA/EMA/Bolinger Band and even RSI) to verify trade prior entering it. Stochastic is nothing to do with price or volume it is about speed. Adjusting K% has abil...
<|im_start|>user How to motivate young people to save money<|im_end|> <|im_start|>assistant I recommend pulling up a retirement calculator and having an honest conversation about how long term savings works, and the power of compound interest. Just by playing around with the sliders on an online calculator, you can dem...
<|im_start|>user How quickly will the funds be available when depositing credit card checks?<|im_end|> <|im_start|>assistant For those who don't know, credit card checks are blank checks that your credit card company sends you. When you fill them out and spend them, you are taking a cash advance on your credit card ac...
<|im_start|>user Self assessment expenses - billing date or payment date?<|im_end|> <|im_start|>assistant Unless you're running a self-employed business with a significant turnover (more than £150k), you are entitled to use cash basis accounting for your tax return, which means you would put the date of transactions as...
<|im_start|>user How much of my capital should I spend on subscribing to a stock research company?<|im_end|> <|im_start|>assistant To complement farnsy's answer, I want to warn people against market prediction scams. If they give uniformly distributed buy/sell predictions to 256 people, one of them will get eight corre...
<|im_start|>user Do “Instant Approved” credit card inquires appear on credit report?<|im_end|> <|im_start|>assistant It is not delayed and if it didn't show yet - will not show on that agency's credit report. However, you may find it on another agency's report. There are three major agencies, and creditors don't always...
<|im_start|>user How much lump sum investment in stocks would be needed to yield a target stable monthly income?<|im_end|> <|im_start|>assistant If your requirements are hard (must have $1000/month, must have the same or bigger in capital at the end), stocks are a poor choice of investment. However, in many cases, peop...
<|im_start|>user Starting off as an investor<|im_end|> <|im_start|>assistant You've asked eleven different questions here. Therefore, The first thing I'd recommend is this: Don't panic. Seek answers to your questions systematically, one at a time. Search this site (and others) to see if there are answers to some of t...
<|im_start|>user As a 22-year-old, how risky should I be with my 401(k) investments?<|im_end|> <|im_start|>assistant At twenty-two, you can have anywhere between 100%-70% of your securities portfolio in equities. It is reasonable to start at 100% and reduce over time. The one thing that I would mention with that is th...
<|im_start|>user How much should a new graduate with new job put towards a car?<|im_end|> <|im_start|>assistant In a very similar situation as yours, I bought a used motorcycle for $3000. It was still reasonably new, very reliable, and with California weather, you can use it year-round. It reduced my time in traffic, a...
<|im_start|>user Books, Videos, Tutorials to learn about different investment options in the financial domain<|im_end|> <|im_start|>assistant Those are some very broad questions and I don't think I can answer them completely, but I will add what I can. Barron's Finance and Investment Handbook is the best reference book...
<|im_start|>user What tax advantage should I keep an eye for if I am going to relocate?<|im_end|> <|im_start|>assistant Depends. If you can choose where to relocate to, then I second the "no income tax" states. But even of these chose wisely, some have no income taxes at all, others have taxes on some kinds of income. ...
<|im_start|>user Why are there so many stock exchanges in the world?<|im_end|> <|im_start|>assistant Stock exchanges have been undergoing a period of consolidation for the past hundred years for the exact reasons you mentioned. The existence of digital trading, harmonized laws and regulations, and fewer relevant curren...
<|im_start|>user Why are daily rebalanced inverse/leveraged ETFs bad for long term investing?<|im_end|> <|im_start|>assistant Fund rebalancing typically refers to changing the investment mix to stay within the guidelines of the mutual fund objective. For example, lets say a fund is supposed to have at least 20% in bon...
<|im_start|>user Should you keep your stocks if you are too late to sell?<|im_end|> <|im_start|>assistant The stock price is not only based on the general market trend and the stock's current profitability and prospects, but is also based on prediction of how the stock's prospects might change in the future. In almost ...
<|im_start|>user Is This A Scam? Woman added me on LinkedIn first, then e-mailed offering me millions of dollars [duplicate]<|im_end|> <|im_start|>assistant Yes. If you reply back, they'll confirm that Uncle Alex did indeed leave you $7 million, and you just need to send them a few thousand dollars for taxes and estat...
<|im_start|>user Tax rules for United States citizens living in the US but being paid from outside the US<|im_end|> <|im_start|>assistant You can and are supposed to report self-employment income on Schedule C (or C-EZ if eligible, which a programmer likely is) even when the payer isn't required to give you 1099-MISC (...
<|im_start|>user What are my investment options in real estate?<|im_end|> <|im_start|>assistant I compared investing in real estate a few years ago to investing in stocks that paid double digit dividends (hard to find, however, managing and maintaining real estate is just as hard). After discussing with many in the re...
<|im_start|>user Does the Black-Scholes Model apply to American Style options?<|im_end|> <|im_start|>assistant A minor tangent. One can claim the S&P has a mean return of say 10%, and standard deviation of say 14% or so, but when you run with that, you find that the actual returns aren't such a great fit to the standar...
<|im_start|>user Is there anything I can do to prepare myself for the tax consequences of selling investments to buy a house?<|im_end|> <|im_start|>assistant If you need less than $125k for the downpayment, I recommend you convert your mutual fund shares to their ETF counterparts tax-free: Can I convert conventional Va...
<|im_start|>user Question about being a resident<|im_end|> <|im_start|>assistant This sort of involves personal finance, and sort of not. But it's an interesting question, so let's call it on topic? Short answer: yes. Long answer: it depends who's asking. If you're trying to qualify for in-state tuition, for example, y...
<|im_start|>user Weekly budgets based on (a variable) monthly budget<|im_end|> <|im_start|>assistant If you know, approximately, the minimum he would get in a month, his budget should be planned based on this amount. In months where he gets more than this, the excess should be put aside. In really bad months where the ...
<|im_start|>user How do annual risks translate into long-term risks?<|im_end|> <|im_start|>assistant The short answer is the annualised volatility over twenty years should be pretty much the same as the annualised volatility over five years. For independent, identically distributed returns the volatility scales proport...
<|im_start|>user Fractional Reserve Banking and Insolvency<|im_end|> <|im_start|>assistant It certainly is possible for a run on the bank to drive it into insolvency. And yes, if the bank makes some bad loans, it can magnify the problem. Generally, this does not happen, though. Remember that banks usually have lots o...
<|im_start|>user What part of buying a house would make my net worth go down?<|im_end|> <|im_start|>assistant You can look at buying a house as being a long term investment in not paying rent. In the short time there are costs to buying (legal, taxes, etc). This depends on only buying house of the size/location you...
<|im_start|>user How to make money from a downward European market?<|im_end|> <|im_start|>assistant If you want to make money while European equities markets are crashing and the Euro itself is devaluing: None of these strategies are to be taken lightly. All involve risk. There are probably numerous ways that you can l...
<|im_start|>user Is it inadvisable to leave a Roth IRA to charity upon death?<|im_end|> <|im_start|>assistant You need to keep in mind that there's an exemption amount of more than $5M (five million) dollars for estate tax. Unless you used all of it for gifts during your life time, it will more than cover all of your $...
<|im_start|>user How to register LLC in the US from India? [duplicate]<|im_end|> <|im_start|>assistant Wyoming is a good state for this. It is inexpensive and annual compliance is minimal. Although Delaware has the best advertising campaign, so people know about it, the reality is that there are over 50 states/jurisdi...
<|im_start|>user Do I have to repay the First-Time Homebuyers tax credit if I refinance?<|im_end|> <|im_start|>assistant No. As long as you live in the house for 3 years, it's yours to keep. Financing has nothing to do with that.<|im_end|>
<|im_start|>user Paid cash for a car, but dealer wants to change price<|im_end|> <|im_start|>assistant Let me get this straight. I would stand my ground. Your son negotiated in good faith. Either they messed up, or they are dishonest. Either way your son wasn't the one supposed to know all the internal rules. I don't t...
<|im_start|>user Do people tend to spend less when using cash than credit cards?<|im_end|> <|im_start|>assistant Psychology Today had an interesting article from July 11, 2016, in which they go through the psychological aspects of using cash vs. a credit card. This article cites a 2008 paper in the Journal of Experimen...
<|im_start|>user Any difference between buying a few shares of expensive stock or a bunch of cheap stock<|im_end|> <|im_start|>assistant I was thinking that the value of the stock is the value of the stock...the actual number of shares really doesn't matter, but I'm not sure. You're correct. Share price is meaningless...
<|im_start|>user What exactly is a “derivative”?<|im_end|> <|im_start|>assistant A derivative is a financial instrument of a special kind, the kind “whose price depends on, or is derived from, another asset”. This definition is from John Hull, Options, Futures and Other Derivatives – a book definitely worth to own if ...
<|im_start|>user What happens to the original funds when a certified bank check is not cashed?<|im_end|> <|im_start|>assistant The answer probably varies with local law, and you haven't said where you're located. In most or all US states, it appears that after some statutory length of time, the bank would transfer the ...
<|im_start|>user Shares; are they really only for the rich/investors?<|im_end|> <|im_start|>assistant Small purchases will have a disproportionate expense for commissions. Even a $5 trade fee is 5% on a $100 purchase. So on one hand, it's common to advise individuals just starting out to use mutual funds, specifically ...
<|im_start|>user How long does it take for money to transfer into a mastercard?<|im_end|> <|im_start|>assistant In a nutshell, as long as they (Sparkasse) choose to. I work with banks where it happens the moment I submit the transaction (so the next screen already shows the new totals), and I work with banks that make ...
<|im_start|>user Does borrowing from my 401(k) make sense in my specific circumstance?<|im_end|> <|im_start|>assistant I completely agree with Pete that a 401(k) loan is not the answer, but I have an alternate proposal: Reduce your 401(k) contribution down to the 4% that you get a match on. If you are cash poor now an...
<|im_start|>user Does FIFO cost basis applies across multiple accounts?<|im_end|> <|im_start|>assistant To sum up: My question came from misunderstanding what cost basis applies to. Now I get it that it applies to stocks as physical entities. Consider a chain of buys of 40 stock A with prices $1-$4-$10-$15 (qty 10 each...
<|im_start|>user Student loan payments and opportunity costs<|im_end|> <|im_start|>assistant I'll use similar logic to Dave Ramsey to answer this question because this is a popular question when we're talking about paying off any debt early. Also, consider this tweet and what it means for student loans - to you, they'...
<|im_start|>user what is the best way of investment which gives returns forever?<|im_end|> <|im_start|>assistant What is the best way that I can invest money so that I can always get returns? If you want something that doesn't require any work on your end, consider having a fee-only financial planner make a plan so t...
<|im_start|>user Recourse with Credit Card company after victimized by fraud?<|im_end|> <|im_start|>assistant If the business is being investigated by your state's Attorney General's office, then your first call should be to that office. They will be able to help you in a few ways, even if they can't explicitly resolv...
<|im_start|>user Facebook buying WhatsApp for 19 Billion. How are existing shareholders affected?<|im_end|> <|im_start|>assistant Of course it is a dilution of existing shareholders. When you buy milk in the supermarket - don't you feel your wallet diluted a little? You give some $$$ you get milk in return. You give so...
<|im_start|>user Why would a company care about the price of its own shares in the stock market?<|im_end|> <|im_start|>assistant Fiduciary They are obligated by the rules of the exchanges they are listed with. Furthermore, there is a strong chance that people running the company also have stock, so it personally benefi...
<|im_start|>user Using Loan to Invest - Paying Monthly Installments with Monthly Income<|im_end|> <|im_start|>assistant The best strategy? Skip the loan. Find a way to invest for a low starting amount via a retirement account (such as a 401K or IRA in the United States) or non-retirement account. Use this money to buy ...
<|im_start|>user What options exist to make money in the US on a work-restricted visa?<|im_end|> <|im_start|>assistant Income generated from online sales is not considered "passive income", so you need to be authorized to work in the U.S. Those without work authorization can acquire passive income (through investments,...