Question stringlengths 14 166 | Answer stringlengths 3 17k |
|---|---|
Which dividend bearing stock should be chosen by price? | Price doesn't mean anything. Price is simply total value (market capitalization) divided by number of shares. Make sure you consider historical dividends when hunting for big yields. It's very possible that the data you're pulling is only the annualized yield on the most recent dividend payment. Typically dividends a... |
What publicly available software do professional stock traders use for stock analysis? | Factset also provides a host of tools for analysis. Not many people know as they aren't as prevalent as Bloomberg. CapitalQ and Thomson Reuters also provide analysis tools. Most of the market data providers also provide analysis tools to analyze the data they and others provide. |
What to do with an expensive, upside-down car loan? | The answer depends on your wife's overall situation, whether you are in a community property state, and other factors. I'm assuming that since your wife paid $5,000 more for a car than it was worth, has a six-year, 25% auto loan and you talk about repossession as a routine event, that her credit history is extremely po... |
Gauge the strength of the resistance level of a stock just using EMA | Firstly, you mean resistance not support, as a support is below the current price and resistance is above the price. Secondly using a MA as support or resistance would mean that that support or resistance level would move up or down as the price moved up or down and would not be static at $25. Generally stocks will ran... |
Joining a company being acquired | The best answer I can give is - be prepared for change. There's no perfect question you can ask or assurance you can get prior to accepting the offer that will give you any particularly perfect security or sense of stability here. The company itself is going through a change of identity that can change how it will do ... |
What does HMRC (the UK tax agency) view as valid expenses for travel? | Food is almost never a valid expense. Reason for it is simple - if you were not conducting business you would have to eat too. Ad 1. I don't see why travel in that case would not be a valid expense, as the only reason for you to travel there is for business reasons. Ad 2. Unlikely as there is a duality of purpose. So w... |
How to take advantage of home appreciation | There might just not be anything useful for you to do with that 'value'. As others mentioned, HELOCs have their risks and issues too. There is no risk-less way to take advantage of the value (outside of selling) It is similar to owning a rare stamp that is 'worth a million' - what good does it do you if you don't sell ... |
How can I remove the movement of the stock market as a whole from the movement in price of an individual share? | As others have pointed out, the value of Apple's stock and the NASDAQ are most likely highly correlated for a number of reasons, not least among them the fact that Apple is part of the NASDAQ. However, because numerous factors affect the entire market, or at least a significant subset of it, it makes sense to develop a... |
If I have no exemptions or deductions, just a simple paycheck, do I HAVE to file taxes? | Yes, you have to file a tax return in Canada. Non residents that have earned employment income in Canada are required to file a Canadian personal income tax return. Usually, your employer will have deducted sufficient taxes from your pay-cheques, resulting in a tax refund upon filing your Canadian tax return. You will... |
How do owners in a partnership earn income? | If you business is incorporated, it's up to the two of you how to do it. Typically, you will have the company write cheques (or make transfers, whatever) to each of the humans: If you want to say that each of you gets a salary of 80% of the revenue you bring in, and then tweak things with bonuses, you can. If one of yo... |
Is it smart to only invest in mid- and small-cap stock equity funds in my 401(k)? | Your initial premise (mid-cap and small-cap company stocks have outperformed the market) is partially correct - they have, over many 40 yr periods, provided higher returns than large caps (or bond funds). The important thing to consider here is that risk adjusted, the returns from a diversified portfolio are far more r... |
How do I analyse moving averages? | Moving Average is mere average line based on historical period; broadly use to view the trend. But it has no relation to price action in due future course. If price is going below 20 SMA then in near future even the SMA will start directing toward south. In your case if price has fallen below all the short period avera... |
Credit balance on new credit card | A Credit Balance means that you overpayed. That's nothing to worry about; it will just be used up by your next charges. Note that this can have two reasons - either you really paid too much; or you paid off a charge that is still 'pending' - meaning it has not yet posted and is not considered in the amount you owe: Mos... |
What risks are there acting as a broker between PayPal and electronic bank transfers? | I too received a "job offer" from this CENEO outfit but mine was a proof reading position.Supposedly,I was to edit the email they were sending to U.S. customers. They needed proof reading alright,I've never seen such atrocious grammar and syntax.Half the time I could not figure out what these polaks were trying to conv... |
Should a high-school student invest their (relative meager) savings? | The advice to invest in yourself is good advice. But the stock market can be very rewarding over the long pull. You have about 45 years to retirement now and that is plenty long enough that each dollar put into the market now will be many dollars then. A simple way to do this might be to open a brokerage account at a r... |
Buying a House and Taking Part of 20% to move initial payment date forward | In the prior PMI discussions here, it's been stated that the bank is not obligated to remove PMI until the mortgage's natural amortization puts the debt at 78% LTV. So, paying in advance like this will not automatically remove the PMI. Nor will a lump sum payment be certain to move the next payment ahead a year. If it... |
Dispute credit card transaction with merchant or credit card company? | Most merchants (also in Europe) are reasonable, and typically are willing to work with you. credit card companies ask if you tried to work with the merchant first, so although they do not enforce it, it should be the first try. I recommend to give it a try and contact them first. If it doesn't work, you can always go t... |
I am moving to a new city. How do I plan and prepare - financially - for the move? | Some of the costs you might incur include: |
why would someone buy or sell just a few shares in stocks | I buy or sell a few shares whenever I have a small amount of money to transfer into out of my mutual funds. Since I'm not paying transaction fees, there is no reason not to, when that is what makes sense. If you are paying a fee for each transaction, of course it makes sense to try to wait until you have a larger amoun... |
Is per diem taxable? | Per-diem is not taxable, if all the conditions are met. Conditions include: You can find this and more in this IRS FAQ document re the per-diem. |
Can one get a house mortgage without buying a house? | Not unless you have something else to put up as collateral. The bank wants a basic assurance that you're not going to immediately move the money to the Caymans and disappear. 999 times out of 1000, the collateral for a home mortgage is the home itself (which you wouldn't be able to take with you if you decided to disap... |
Can I sell a stock immediately? | Yes you can, provided if buyers are available. Normally high liquidty stocks can be sold at market prices a little higher or lower. |
Self-employed individual 401k self, match, and profit sharing contribution limits? | I can only address this part of it: For instance with a 10k net income, 9293 is the limit for 401k from employee. How is this calculated? I believe this limit is total for all sources too, which I'm confused about. How it's calculated is that when you are self-employed you also pay the employer portion of the FICA taxe... |
Is giving my girlfriend money for her mortgage closing costs and down payment considered fraud? | Regarding the mortgage company, they will want to know where the down payment came from, and as long as you are honest about it, there is no fraud. It's possible that the mortgage company may have some reservations about the deal now that they know where the down payment came from, but that will depend on the size of t... |
To pay off a student loan, should I save up a lump sum payoff payment or pay extra each month? | Just one more thing to consider: a friend of mine had some student loan debt left over from graduate school. Years later, through his employer, he was able to apply for and receive a grant that paid off the remainder of his student loan. It was literally free money, and a significant amount, too. The windfall was a lit... |
Does it make sense to buy a house in my situation? | Just echoing the other answers here. You're not ready yet. 3% down, or no money down loans are what got so many of us into trouble these last few years. It sounds like you make a pretty good living and are able to squirrel away money despite paying rent. Let me suggest something that I haven't seen here yet. Save up f... |
What did John Templeton mean when he said that the four most dangerous words in investing are: ‘this time it’s different'? | Essentially, he means "one ignores history at their own peril". We often hear people arguing that "the old rules no longer apply". Whether it be to valuations, borrowing, or any of the other common metrics, to ignore the lessons of the past is to invite disaster. History shows us that major crises in the markets usu... |
Why can Robin Hood offer trading without commissions? | It isn't the first initiative (see link below) and maybe this one will stick around. Time will be a good test. Here is an article on it.... http://www.investopedia.com/articles/active-trading/020515/how-robinhood-makes-money.asp They plan to make money off unused balances - so they hope to get the masses signed up ... |
New car: buy with cash or 0% financing | Some things you missed in your analysis: How will financing change your insurance costs? I.e. what is the difference between the insurance that you would buy for yourself and what they require? Note that it is possible that your insurance preferences are more stringent than the financing company's. If so, this is... |
Should I avoid credit card use to improve our debt-to-income ratio? | For scoring purposes, having a DTI between 1-19% is ideal. From Credit Karma: That being said, depending on the loan type you looking at receiving (FHA, VA, Conventional, etc), there are certain max DTIs that you want to stay away from. As a rule, for VA, you want to try to stay away from 41% DTI. Exceptions are made... |
I'm currently unemployed and have been offered a contract position. Do I need to incorporate myself? How do I do it? | In short - if you can't get the job without incorporating, then incorporate! Some clients will require you to be incorporated (which is why I did it 10 years ago). Essentially, for them, it's a way of distancing themselves from you to ensure they are not responsible for any monies if you don't pay your taxes. For you... |
Is inflation a good or bad thing? Why do governments want some inflation? | Although there are some good points made here as to the cause of inflation (mostly related to supply and demand), azcoastal does head in a different direction, one which I myself was going to take. Let me give a different angle, however. Another cause of inflation is the printing of money by the government (not simply ... |
How does one's personal credit history affect one's own company's credit rating? | For a newly registered business, you'll be using your "personal" credit score to get the credit. You will need to sign for the credit card personally so that if your business goes under, they still get paid. Your idea of opening a business card to increase your credit score is not a sound one. Business plastic might n... |
What would happen if the Euro currency went bust? | The result would be catastrophic. The almost-reserve currency would collapse which would produce a medium sized depression, perhaps same with with 2008-now, or even larger, since don't forget, that one was produced from a housing bubble existing in only a part of the american economy; imagine what would happen if almos... |
What should I do with the change in my change-jar? | Every now and then I fill a pocket with a handful of coins and spend it on a very small shop on my way home, i.e. a loaf of bread (£1.50), a pint of milk (50p) by using the self-check out (Tesco/Sainsbury's) which has a coin slot or even better the little bowl where you put coins down. I find this pretty straightforwar... |
Do common stocks and preferred stocks have any differences in terms of percentage of the company per unit they represent? | Typically, preferred shares come with one or both different benefits - a disproportionate share of votes, say 10 votes per share vs the normal 1, or a preferred dividend. The vote preference is great for the owner(s) looking to go public, but not lose control of the company. Say, I am a Walton (of Walmart fame) and wh... |
How accurate is Implied Volatility in predicting future moves? | Historical volatility of a stock is going to be based on past performance, basically its current trend. That can be useful, but really is no indication of how it will perform in the future. Especially with a big swing in the market. Now if you're talking about implied volatility (IV) of an options contract, that's a ... |
Can I get a discount on merchandise by paying with cash instead of credit? | I bought a car a few years ago. The salesman had the order, I knew the car I wanted and we had a price agreed on. When I refused the payment plan/loan, his manager came over and did a hard sell. "99% of buyers take the financing" was the best he could do. I told him I was going to be part of the 1%. With rates so low, ... |
How should I think about stock dividends? | Dividends are actually a very stable portion of equity returns, the Great recession and Great Depression notwithstanding: However, dividends, with lower variance have lower returns. Most of the return is due to the more variant price: So while dividends fell by 25% during the worst drop since the Great Depression, ... |
How can one get their FICO/credit scores for free? (really free) | Credit Sesame monitors your credit score for free. My understanding is that they make their money off of credit card referrals. |
Are all VISA cards connected with bank accounts? | Not necessarily. You can issue credit cards without a bank involved, although companies which do so may have additional legal complications, such as usury regulations. As an example, AmEx is a network which also issues cards themselves. The company is not a bank; they sold their banking subsidiary in 2007. It's also po... |
How is stock price determined? | Stock price is determined by what's being asked for it, and what's being paid for it. The reported price is either a recent average, or is the last price at which a sale actually took place, depending on which you've asked for. Limit orders are an agreement between you and your brokerage, and have no direct effect on p... |
Best personal finance strategy to control my balance | My bank will let me download credit card transactions directly into a personal finance program, and by assigning categories to stores I can get at least a rough overview of that sidd of things, and then adjust categories/splits when needed. Ditto checks. Most of my spending is covered by those. Doesn't help with cash t... |
declaring payments to a credit card for a shared expense | If this is a business expense - then this is what is called reimbursement. Reimbursement is usually not considered as income since it is money paid back to you for an expense you covered for your employer with your after-tax money. However, for reimbursement to be considered properly executed, from income tax stand poi... |
What does investment bank risk during IPO? | There are two kinds of engagements in an IPO. The traditional kind where the Banks assume the risks of unsold shares. Money coming out of their pockets to hold shares no one wants. That is the main risk. No one buying the stock that the bank is holding. Secondly, there is a "best efforts" engagement. This means that b... |
Pay off credit card debt or earn employer 401(k) match? | Mathwise, I absolutely agree with the other answers. No contest, you should keep getting the match. But, just for completeness, I'll give a contrarian opinion that is generally not very popular, but does have some merit. If you can focus on just one main financial goal at a time, and throw every extra dollar you ha... |
I'm 23 and was given $50k. What should I do? | To add to @michael's solid answer, I would suggest sitting down and analyzing what your priorities are about paying off the student loan debt versus investing that money immediately. (Regardless, the first thing you should do is, as michael suggested, pay off the credit card debt) Since it looks like you will be having... |
I'm in Australia. What should I look for in an online stock broker, for trading mostly on the ASX? | It depends what you want to do with them. If you are just simply going to drip-feed into pre-identified shares or ETFs every few months at the market price, you don't need fancy features: just go with whoever is cheaper. You can always open another account later if you need something more exotic. Some brokerages are... |
About eToro investments | If it's money you can lose, and you're young, why not? Another would be motifinvesting where you can invest in ideas as opposed to picking companies. However, blindly following other investors is not a good idea. Big investors strategies might not be similar to yours, they might be looking for something different tha... |
$200k in an IRA, unallocated. What's the safest investment? | Note that long term you need to plan for possible inflation, so "a little bit of return" generally wants to be at least high enough to offset that plus "a little bit". Which is why just shoving it in a bank, while extremely safe, isn't usually the best choice. You need to make some decisions about how you trade off ... |
Is freelance income earned by a U.S. citizen while living abroad subject to state income tax? | No state taxes, but Italy also has a favorable treaty with the US Federal Government. Look into to lowering your federal taxes to 5% ;) its a thick read, http://www.irs.gov/businesses/international/article/0,,id=169601,00.html and also try to determine if the Foreign Earned Income Exclusion applies to you, reducing you... |
What is a checking account and how does it work? | A savings account and a checking account (or a "demand" account, or a "transactional" account) have different regulations. For example, fractional reserve requirements are 10% against checking accounts, but 0% against savings accounts. The theory is that savings accounts are sticky, while checking accounts are hot mo... |
Other ETFs of world bonds and stocks (Alternatives to VT and BND)? | Here is another choice I like, iShares JPMorgan USD Emerging Markets Bond (EMB) Here is the world ETFs |
I'm only spending roughly half of what I earn; should I spend more? | Apart from what the other posters have said, you could look at some 'good cause'. I'd keep on saving 50% as spending more won't really make you more happy. You already sound happy. What I used to do, when I could, was to donate 10% of my 'profit' per year. I'd compare year start with year end and do the math. Afterward... |
Do Options take Dividend into account? | The CBOE had a great article on this. I will search for it and edit. The normal dividends are not adjusted. Which is why you see early exercise of just out of the money options sometimes. To get that dividend. A special dividend, say a $50 stock with $1/yr dividend but now has a $3 one time dividend would likely result... |
Is there a way I can get bid/ask price data on the NSE in real time? | Yes apply for live and dynamic data (you may have to pay for this depending on your broker and your country) and look at the market depth. |
Section 179 vs depreciation of laptop | I'm not a tax expert, but I think you mean Form 4562, right? If you acquire the laptop in the year for which you're filing taxes, then it is just that simple. (At least according to my reading of 4562 instructions, and my history of accepted tax returns where I've done this for my own business.) If, however, you acqui... |
Can one use dollar cost averaging to make money with something highly volatile? | Dollar cost averaging is beneficial if you don't have the money to make large investments but are able to add to your holding over time. If you can buy the same monetary amount at regular intervals over time, your average cost per share will be lower than the stock's average value over that time. This won't necessarily... |
Are traders 100% responsible for a stock's price changes? | Yes, the value of a stock is completely, 100% determined by what people are willing to pay for it in conjunction with what people who have it are willing to sell it for. If something really bad happened to a company, like their only factory burned to the ground, and the traders didn't care, then I guess, in that scenar... |
How are they earning money in the movie “Trading Places”? | They are not selling stocks. They are selling OJ futures contracts. Selling a futures contract at 142 gives the buyer the right to buy a fixed number of pounds of orange juice concentrate ("OJ") on a future date at 142 cents per pound. The seller has an obligation to suppy that fixed number of pounds of OJ to the buyer... |
What makes a Company's Stock prices go up or down? | Here are some significant factors affect the company stock price performance: Usually, profitability is known to the public through the financial statements; it won't be 100% accurate and people would also trade the stock with the price not matching to the true value of the firm. Still there are dozens of other various... |
Why does the share price tend to fall if a company's profits decrease, yet remain positive? | Let's say you see a café. You're looking to buy a café so you walk into one and ask the manager how much profit he makes in a year. He says $N and you walk out and think to yourself, "I'd be willing to pay $500,000 for this café." You arrange to meet again to discuss purchasing the business (and he's looking for someon... |
Is there ACH analogue in Asia? | ACH as offered in US is a very broad and versatile network used for a range of business case. There is no other network as versatile. In Europe UK has BACS as equivalent about 50-70% of what US-ACH offers. Most European countries also have ACH [Collectively Called ACH, have 90% of the layouts that are identical, called... |
Is the stock market too risky for long term retirement funds? Why should a 20- or 30-something person invest in stocks? | I'm going to go the contrarian route and suggest you stay completely out of the stock market for the foreseeable future. We're entering a period of time this country and world has never seen before. Our country is broke / insolvent. We are printing money to buy our own debt. This is beyond stupid. It will destroy us, j... |
Can I open a Solo 401(k) if I am an independent contractor but also work part-time as an employee? | If you have self-employment income you can open a Solo 401k. Your question is unclear as to what your employment status is. If you are self-employed as an independent contractor, you can open a Solo 401k. You can still do this even if you also earn non-self-employment income (i.e., you are an employee and receive a ... |
What is the opposite of Economic Bubble? | The opposite of an economic bubble is a bubble burst :p! Jokes aside though, an economic bubble occurs when the economy is in bull market mode and asset prices are growing very fast. It's usually measured by ratio's like price to earnings and the levels of various market indices. So, the opposite would be when valuatio... |
Smartest Place to Put Tax Refund | Welcome to Money.SE. Your question is similar to a number of others. The "How do I pay my debt down?" and "How do I invest extra money?" is a bit of a continuum since there's no consensus than one should pay off the last cent of debt before investing. Oversimplify it for me: the correct order of investing offers a goo... |
How to transfer personal auto lease to business auto lease? | I'd approach the lender that you're getting the lease from, but be prepared for them either saying 'no' to putting the lease into the name of an LLC without any proven track record (because it hasn't been around for a while) or require you to sign a personal guarantee, which partially defeats the purpose of putting the... |
If you buy something and sell it later on the same day, how do you calculate 'investment'? | Not sure if your question is on topic, but the investment is only $9 because that is maximum amount of money the merchant ever needed to start up the business. He put in $9, started turning a profit, and never looked back. |
What one bit of financial advice do you wish you could've given yourself five years ago? | When I was contracting I wish I had joined a tax efficient umbrella organisation rather than just work as a sole trader. I also wish I had put money aside to pay my taxes rather than just spend it all. :( |
Can zero-coupon bonds go down in price? | Let's say today you buy the bond issued by StateX at 18$. Let's say tommorow morning the TV says that StateX is going towards default (if it happens it won't give you back not even the 18$ you invested). You (and others that bought the same bond like you) will get scared and try to sell the bond, but a potential buyer ... |
Options for Cash only Buyout due to Company Merger | What are my options, if any, in how to deal with a buyout that forced me to sell, and accept cash only for my Florida USA company shares? Options are limited; |
Can someone explain the Option Chain of AMD for me? | The buyer pays $1.99/share for the option of selling a share of AMD to the seller for $10 which is currently $1.94 higher than the price of $8.06/share. If you bought the put and immediately exercised it, you would come out of the deal losing $.05/share. |
Close to retirement & we may move within 7 years. Should we re-finance our mortgage, or not? | I would think it depends on when within the 7 years you're planning to move. If you want to move within a year or two, the closing costs for the new mortgage may postpone the break even until after your move date; that wouldn't be a financially smart decision. If your plans suggest you're going to move after the break ... |
Are limit orders safe? | I assume you're talking about a sell order, not a buy order. When you place a limit sell order, your order is guaranteed to be placed at that price or higher. If the market is currently trading much higher than the price of your sell order, then your mistakenly low limit order will be essentially a market order, and w... |
Are stocks always able to be bought and sold at market price? | In general stock markets are very similar to that, however, you can also put in limit orders to say that you will only buy or sell at a given price. These sit in the market for a specified length of time and will be executed when an order arrives that matches the price (or better). Traders who set limit orders are call... |
When is it necessary to apply taxes for web freelancing services in Quebec, Canada? | AFAIK, there are two kinds of taxes your web freelancing income may be subject to in Quebec: On the income taxes: The net income you realize from your web freelancing activities would be considered taxable income. Assuming you are not operating as an incorporated business, you would need to declare the freelancing in... |
Clarify on some Stocks Terminology | Yep, you have it pretty much right. The volume is the number of shares traded that day. The ticker is giving you the number of shares bought at that price in a given transaction, the arrow meaning whether the stock is up or down on the day at that price. Institutional can also refer to pensions, mutuals funds, corp... |
Did the New York Stock Exchange ever close on a weekday so they could file paperwork? | Yes, from June 1968 until December 1968, they closed the NYSE every Wednesday so they could catch up on paperwork representing billions of dollars in unprocessed transactions. Even after the NYSE re-opened on Wednesdays in January 1969, they still had to close it early at 2pm for seven more months. Forbes has a descri... |
What are some good books for learning stocks, bonds, derivatives e.t.c for beginner with a math background? | Start with Options, Futures and Other Derivatives by John Hull. |
When the market crashes, should I sell bonds and buy equities for the inevitable recovery? | In a comment you say, if the market crashes, doesn't "regress to the mean" mean that I should still expect 7% over the long run? That being the case, wouldn't I benefit from intentionally unbalancing my portfolio and going all in on equities? I can can still rebalance using new savings. No. Regress to the mean just t... |
Why are credit cards preferred in the US? | nan |
Can gold prices vary between two places or country at the same time? | The market prices for futures and depository ETFs like GLD and IAU are pretty consistent. Prices for physical gold at retail can vary dramatically. At a coin store that I was at a few weeks ago, there was a very wide buy/sell spread on commonly available gold coins. |
How to keep control of shared expenses inside marriage? | Call me old fashioned, but that sounds less like a marriage and more like a business partnership. Maybe there are business tools that would be useful. |
How long to wait after getting a mortgage to increase my credit limit? | 8 hard inquiries spread over two years is not a negative factor, with a score of 750. Real question #1: How much of your credit limits are you currently using? Less than 30% of your credit limits is good. Less than 15% is even better, 10% is great You don't need to wait X amount of days after applying for a mortgage or... |
Business Investment Loss from prior year | You need to give specific dates! In the United States, you have three years to file an amended tax return. https://www.irs.gov/uac/Newsroom/Ten-Facts-about-Amended-Tax-Returns Did the restaurant fail in 2012? If so, that's probably the year to take the loss. If you need to amend your 2012 return, which you filed in 201... |
How should I decide whether to buy more shares of a stock when its price drops? | A key principle of economics is: Sunk costs are irrelevant. You bought the stock at 147 and it has now fallen to 144. That's too bad. This has nothing to do with whether it is wise or foolish to buy shares at 144. The only relevant thing to consider is: Do I expect the stock to go up or down from 144? You have lost $3 ... |
Deducting Hobby Expenses on my Federal Income Taxes? | I suggest to start charging slightly more than needed to cover expenses. All you need is to show profit. It doesn't have to be significant - a couple of hundred of dollars of consistent yearly profit should suffice to show a profitable business. Then you can deduct on Schedule C all the related expenses. The caveat is ... |
Why are “random” deposits bad? | Random deposits are a bit like playing the lotery - especially if one is frequently chasing "hot tips". You might make it big, but the odds are vastly against you. "Random" deposits into various investments won't be optimal, because such "random" decisions will not be properly diversified and balanced. Various invest... |
When does Ontario's HST come into effect? | It looks like the HST will be in effect in Ontario on July 1st, 2010. As to whether it will replace GST with HST for all services, it looks like some sectors may get special treatment: Ontario may exempt mutual funds from HST (National Post). But it doesn't look final yet. However, I would suggest that most service-... |
What risks are there acting as a broker between PayPal and electronic bank transfers? | Another reason to think it's a scam: fake paypal email notifications are a thing. I've seen one that was quite convincing (but it wasn't mine to properly analyse or report), so the intial payment may be a fake from another account belonging to the scammer, and you've just transferred money to the scammer. The fake ema... |
How can my dad (grandpa) transfer shares to my 2 year old son? | A UTMA may or may not fit your situation. The main drawbacks to a UTMA account is that it will count against your child for financial aid (it counts as the child's asset). The second thing to consider is that taxes aren't deferred like in a 529 plan. The last problem of course is that when he turns 18 he gets control o... |
Finding stocks following performance of certain investor, like BRK.B for Warren Buffet | Since nobody seems to have an answer here is the list I've came up so far: I'll keep adding to the list - also feel free to edit or comment if can add to the list. |
Do you avoid tax when taking a home equity loan? | (credits to Joe's answer above which alluded to what I was not considering) You aren't "bypassing" the tax liability if you invest in a home instead of, say, stocks. It's true stocks would be subject to tax during the year you cash in on them while the proceeds of a home equity loan would not affect your tax liability.... |
Should I pay off my student loan before buying a house? | There may be specific answers that can be determined based on the interest rates, amounts, tax provisions, etc. But I'm here to tell you... It is much easier (i.e., less stressful) to own a home when you have less debt. Pay off any and every debt you can before purchasing a home because there will always be something r... |
Can I Accept Gold? | Yes. "There is, ...no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services." Taken from the US Department of the Treasury. |
Should I pay off my car loan within the year? | Contrary to popular belief, you can build your credit (if that is important to you) without paying a penny in interest. This is done through the responsible use of credit cards, paying the bill in full each month without accruing any interest charges. If I were you, I would pay off the loan today, if possible. After ... |
Most important skills needed to select profitable stocks | You would appear to be a swing trader, like myself. I have been trading futures and futures options for 29 years, and have both made and lost a lot of money in that time. My trades last hours, to days, to at most a few weeks. From my experience, the most important skills are: 1) Money management - keeping trade size sm... |
Is threatening to close the account a good way to negotiate with the bank? | Take your business elsewhere, where the products and services are priced at a level you agree to pay. This does two things. First, you end a bad business relationship. Why bad? Because you're not happy with the deal. Second, it sends an unambiguous signal to the losing bank that you were unhappy with their service... |
What US taxes are due for US stock bought via ESPP when I was in USA and sold after I returned to India? | From an Indian Tax point of view, you can bring back all the assets acquired during the period you were NRI back to India tax free. Subject to a 7 years period. i.e. all the assets / funds / etc should be brought back to India within 7 years. It would still be treated as There are certain conditions / paperwork. Please... |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.