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Optimize return of dividends based on payout per share | The term you're looking for is yield (though it's defined the other way around from your "payout efficiency", as dividend / share price, which makes no substantive difference). You're simply saying that you want to buy high-yield shares, which is a common investment strategy. But you have to consider that often a high-... |
Is investing in housing considered an adequate hedge against inflation? | Even if the price of your home did match inflation or better — and that's a question I'll let the other answers address — I propose that owning a home, by itself, is not a sufficient hedge against inflation. Consider: Inflation will inflate your living expenses. If you're lucky, they'll inflate at the average. If you'r... |
Why do credit card transactions take up to 3 days to appear, yet debit transactions are instant? | Take a look at http://en.wikipedia.org/wiki/Payment_gateway There is essentially a lead time between when the transaction is made and when it is settled, 2-3 business days is the lead time for settlement. The link explains the process step-by-step |
What mix of credit lines and loans is optimal for my credit score? | I think you are interpreting their recommended numbers incorrectly. They are not suggesting that you get 13-21 credit cards, they are saying that your score could get 13-21 points higher based on having a large number of credit cards and loans. Unfortunately, the exact formula for calculating your credit score is not ... |
What gives non-dividend stocks value to purchasers? [duplicate] | As an owner of a share of a business you also "own" profits made by the business. But you delegate company management to reinvest those profits, on your behalf, to make even more profits. So your share of the business is a little money-making machine that should grow, without you having to pay taxes on the dividends an... |
How to change stock quantity in KMyMoney investment editor? | I can't give you a detailed answer because I'm away from the computer where I use kMyMoney, but IIRC to add investments you have to create new transactions on the 'brokerage account' linked to your investment account. |
Where do large corporations store their massive amounts of cash? | For tax optimization, cash is stored mostly overseas, according to the New York Times. For Apple, everytime a song or an app is bought in Europe, Africa or Middle East, money flows to iTunes Sàrl, in Luxemburg. Royalties on patents flow internally from Apple in California to Apple in Ireland. Then profits flow to the C... |
How are people able to spend more than what they make, without going into debt? | I don't know about Jeff Bezos in particular but, in general, and with a a few other notorious exceptions like Warren Buffet, billionaires also have incomes (salary, dividends, fees to seat on various boards of directors, etc.) in the millions, not the tens of thousand. That's typically still much lower than their wealt... |
How can I determine if a FHA loan refinance offer is from a reputable lender | In my book if it comes in the mail with official looking envelopes, language and seals to try and get you to open it, the company isn't trust worthy enough for my business. I get a pile of these for my VA loan every week, I imagine FHA loans get similar junk mail. Rates are very low at the moment so it is likely that r... |
Can I cash a cashier's check at any bank? | The classic Nigerian scam involves sending fraudulent cashier's checks to unwitting recipients who then deposit them in their account. The bank reverses these deposits once they discover the check is not valid. At least in the US and in the parts of the EU I'm familiar with (the Netherlands), the method of the Nigeri... |
Protecting savings from exceptional taxes | Over the last few years I've read quite a bit about monetary history. I've developed two very important rules from this study: If you follow these two rules you will be able to weather almost any governmental or banking crisis. |
Is it financially advantageous and safe to rent out my personal car? | I'm going to address a couple of extra issues over and above mhoran_psprep's great answer. Insurance A lot of the jobs you describe require that you have additional insurance over and above what you currently have, normally insurance that lets you drive for payment. You should insist that anyone you rent to has this in... |
Should I include retirement funds in calculating my asset allocation? | I separate them out, simply because they're for different purposes, with different goals and time-frames, and combining them may mask hidden problems in either the retirement account or the regular account. Consider an example: A young investor has been working on their retirement planning for a few years now, and has ... |
Does a stay at home mom need term life insurance? | We asked the same question earlier this year as my wife is a SAHM with 2 young boys (5 and under). If something happened to her I'd have to quit work or change careers to stay home to raise them or something. We ended up getting a decent 20 year level TERM policy that will cover the care of both boys for many of their ... |
Which U.S. online discount broker is the best value for money? | For self-service type online customers, OptionsXpress gives me far better trading features(like technicals advanced conditions) and tools, ACH money management & scheduling, fullfillment too. $9 stock trades. I don't know if they yet share Schwab's (their new parent company?) commission-free ETFs getting so trendy now... |
ETF S&P 500 with Reinvested Dividend | Vanguard has low cost ETFs that track the S&P 500. The ticker is VOO, its expense ratio is 0.05%, which is pretty low compared to others in the market. Someone correct me if I'm wrong, but you won't have to pay tax on the dividends if it's in a retirement account such as a Traditional(pay taxes when you withdraw) or Ro... |
Impact of RMD on credit worthiness | The actual policy will vary based on the specific bank. But, if I were in your shoes I'd include RMDs in my stated income for credit card purposes. |
Need help with the psychology of investing: past failures and future fears | As an investor you must remember to forgive yourself. However, you must not only forgive but make it up to yourself by putting in the hours of study necessary to ensure that what you are forgiving yourself for will not happen again. Studying (finance, fundamental analysis, statistics, etc.)will also help you to worry l... |
Should I finance a used car or pay cash? | I'd pay cash. Car loans are amortized, so sometimes you can get upside-down on the loan between 18-30 months because you are pre-paying interest. This can get you into trouble if you get into an accident. Given the low rate and the type of car you're buying, you're probably fine either way. |
Why would anyone want to pay off their debts in a way other than “highest interest” first? | If you have a debt that has very low interest now, but you are aware that it's not going to stay that way (0% introductory APR on a credit card, for example), it can make sense to pay that off before the higher rate kicks in. |
Is keeping track of your money and having a budget the same thing? | What you are doing is neither one. You are simply watching to make sure you don't overdraw, which itself suggests you might be living hand to mouth and not saving. Keeping track of your money and budgeting are useful tools which help people get on top of their money. Which tends to have the effect of allowing you to... |
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. |
Any other options for cash-out/construction loans? | For alternative financing, pursue a line of credit or a Home Equity Line of Credit. (From the comments of @ChrisInEdmonton and @littleadv on the original question) |
Why are currency forwards needed? | Can't I achieve the exact same effect and outcome by exchanging currency now and put that amount of USD in a bank account to gain some interest, then make the payment from one year from now? Sure, assuming that the company has the money now. More commonly they don't have that cash now, but will earn it over the time p... |
Do I even need credit cards? | Try to buy an airline ticket, rent a hotel room, or rent a car without a credit card. Doable? Perhaps. Easy? Nope. With a debit card, you run the risk of a hotel reserving more than your stay's cost for room service, parking, etc and potentially having a domino effect if other payments bounce. We just spent 3 nights i... |
How will the net assets of a bankrupt company be divided among the common share holders | All investors of equal standing get the same proportion of the net assets on bankruptcy but not all shareholders are of equal standing. In general, once all liabilities are covered, bond holders are paid first as that type of investment is company debt, then preferred stock holders are paid out and then common sharehol... |
Investment options for f1 visa students in USA | There's no limitation on what you can invest in, including trading stocks (as long as trading is not a business activity, like day-trading or investing for others). You just need to make sure you have a tax ID (either ITIN or SSN) and pay taxes on all the gains and dividends. Also, consider your home country tax laws, ... |
How do I factor dividends and yield into the performance of a security? | Good observation. In fact, the S&P index itself is guilty of not including dividends. So when you look at the index alone, the delta between any two points in time diverges, and the 20 return observed if one fails to include dividends is meaningless, in my my humble opinion. Yahoo finance will let you look at a stock t... |
I cosigned for a friend who is not paying the payment | I came across such a situation and I am still facing it. My friend borrowed my credit card for his expenses as he had misplaced his debit card and for the time being had asked for my credit card to handle the expenses he does. He paid for initial 2 months and then was not able to make payments, mainly due to not being ... |
Personal Loan: How to define loan purpose | I would imagine that it goes beyond purpose and also addresses the demographic as a poor credit risk. Those seeking a post secondary education are a poor credit risk. They are at the beginning of their careers so tend to have low income, a short credit history, and a very short time of managing money on their own. Al... |
How smart is it to really be 100% debt free? | A Simple Rule to discern between good and bad debt: Does this mean you should never buy a house or car? Of course not. But if you accrue bad debt, make sure that you can handle it and understand the costs and repercussions. |
Paying restaurants in cash instead of credit card - how signficant is this? | The biggest advantage to small business owners paid in cash is not that it might save the 2 or 3 percent that would go to the credit card company. The biggest advantage is that they have the opportunity to keep the transaction entirely off the books and pocket the cash without paying income tax or sales tax, especiall... |
Can a credit card company raise my rates for making a large payment? | 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 cardholder accounts by credit rating. If an entire package's or slice's balance drops significantly, they'll take a loo... |
Is it better to pay an insurance deductible, or get an upgrade? | If you repair your phone, when your current balance is paid off, could you get the same coverage for less money? Or would your monthly payment remain the same regardless? That would be the easiest comparison to make. ie: Pay an extra $49 to have the phone replaced [ie: the cost of using the insurance program for $149,... |
Why don't people generally save more of their income? | A person who always saves and appropriately invests 20% of their income can expect to have a secure retirement. If you start early enough, you don't need anything close to 20%. Now, there are many good reasons to save for things other than just retirement, of course. You say that you can save 80% of your income, and yo... |
Why does capital gains tax apply to long term stock holdings? | It's a matter of social policy. The government wants people to make long term investments because that would lead to other long-term government goals: employment, manufacturing, economical growth in general. While speculative investments and day-trading are not in any way discouraged, investments that contribute to the... |
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 ... |
Should I finance a new home theater at 0% even though I have the cash for it? | Zero percent interest may sound great, but those deals often have extra margin built into the price to make up for it. If you see 0%, find it cheaper somewhere else and avoid the cloud over your head. |
How to start personal finances? | I'm assuming you're in Germany or Europe based on your question, but here's an American's perspective that should pertain you you as well: Once you have a steady income and an emergency fund large enough to keep you from going bankrupt, then start learning about retirement and investment options. |
How do I go about finding an honest & ethical financial advisor? | You want a fee-only advisor. He charges like an architect or plumber: by the hour or some other "flat fee". That is his only compensation. He is not paid on commission at all. He is not affiliated with any financial services company of any kind. His office is Starbucks. He does not have a well lit office like the ... |
Is paying off your mortage a #1 personal finance priority? | Generally, paying down your mortgage is a bad idea. Mortgages have very low interest rates and the interest is tax deductable. If you have a high interest mortgage, or PMI, you might consider it, but otherwise, your money is better off in some sort of index fund. On the other hand, if your choices are paying down a mor... |
Is investing into real estate a good move for a risk-averse person at the moment | It's always a good move for risk-averse person, expecially in Europe. Because houses are not represented by number in an index. Therefor if you are risk-adverse, you will suffer less pain when house prices go down because you won't have a number to look at everyday like the S&P500 index. Because houses in Europe (Germa... |
Formula that predicts whether one is better off investing or paying down debt | I ended up writing a simulation in R. Here is my code: It produces a plot like this: This code assumes you have a lump sum and either wish to pay down a loan or invest it all immediately. Feedback welcome. |
What assets does the term “security” encompass? | A good reference to what encompasses "securities" are detailed in the Securities Act of 1933, which was enacted by the United States federal government. One main exception, which I would still consider securities for your purposes, would be "commercial paper". These are exempt from the securities act because they matur... |
When the Reserve Bank determines the interest rates, do they take the house prices into account? | The setting of interest rates (or "repurchase rates") varies from country to country, as well as with the independence of the central bank. There are a number of measurements and indices that central bankers can take into account: This is a limited overview but should give an indication of just how complex tracking inf... |
What are some good ways to control costs for groceries? | Probably my biggest cost saving is to make my own sandwiches for lunch. I take this one step further by buying joints of meat to roast and slice for the filling. This not only tastes better but is quite a bit cheaper. For example today I roasted a 5 kg ham (about 11 lbs), it cost me £16 to buy (around $25), but I've sl... |
What are the marks of poor investment advice? | I would also consider unnecessarily complex investment strategies a big warning sign as they can easily hide poor investment advice or a bad strategy. This is especially the case when it comes to retail investment as complex strategies can have so many moving parts that you, as someone with a day job, can't spend enoug... |
Why are wire transfers and other financial services in Canada so much more expensive than in Europe? | Transaction fees are part of the income for banks, and as we know they are profit making corporations just like any other Company. The differene is that instead of buying and packing and Selling groceries, they buy and package and sell Money. Within the rules and the market they will try to maximize their profit, exact... |
Clarify Microsoft's explanation of MIRR | The MIRR formula uses the finance rate to discount negative cash flows, but since the only negative cash flow in the example in in the current period, there's nothing to discount. It's meant to solve problems with IRR like when there are both positive and negative cash flows, which can result in multiple answers for I... |
Does bull/bear market actually make a difference? | If you know what you are doing, bear markets offer fantastic trading opportunities. I'm a futures and futures options trader, and am equally comfortable trading long or short, although I have a slight preference for the short side, in that moves are typically much quicker to the down side. |
Are there contracts for fixed pay vs. fixed pay rates? | Software Contractors are not employees of the company that is procuring the software. Software Contractors necessarily work for another legal business entity. There is a business to business relationship between the procurer of the software and the entity producing the software. Therefore, the company procuring the sof... |
Are warehouse clubs like Costco and Sam's Club worth it? | I know that for me personally, if I buy that giant box of Goldfish instead of the bags, it doesn't mean I'm saving money... just eating a lot more Goldfish. The trick, I think, to buying in bulk is to make sure that you're not consuming in bulk. You're not likely to go through more dishwasher detergent just because y... |
Value of credit score if you never plan to borrow again? | There's many concrete answers, but there's something circular about your question. The only thing I can think of is that phone service providers ask for credit report when you want to start a new account but I am sure that could be worked around if you just put down a cash deposit in some cases. So now the situation is... |
Get free option quotes | A number of sites provide delayed option chains online. Yahoo Finance is one example: I linked to Apple's chain, but to get one yourself, put the ticker you want in the search box, then click the "options" link in the sidebar that I called out in the image. |
Why is it possible to just take out a ton of credit cards, max them out and default in 7 years? | It may become difficult to rent a car or a hotel room. It may affect your ability to get a job. Some employers now check credit reports and disqualify candidates with a poor credit report. It may affect your ability to get a security clearance or professional bonding. It may affect your ability to find housing. Many la... |
Why can't you just have someone invest for you and split the profits (and losses) with him? | because the market price for good investment advice isn't that low. investment advice is subject to market pricing just like any other good or service. if you are good enough at investing that you seek increased volatility opportunities, you will have no trouble finding investors willing to give you a share of the ups... |
How best to grow my small amount of money starting at a young age? [duplicate] | (Congrats on earning/saving $3K and not wanting to blow it all on immediate gratification!) I currently have it invested in sector mutual funds but with the rise and fall of the stock market, is this really the best way to prepare long-term? Long-term? Yes! However... four years is not long term. It is, in fact, bord... |
Merchant dispute with airline over missed flight, and which credit cards offer protection? | You have no grounds for a refund. The flight took off on time, and you chose not to be on board. The fact that the airline could not guarantee ahead of time that the flight would leave on time is not relevant. You can certainly try to dispute the charge with the airline, and it sounds like you have done so. The airline... |
When will the U.K. convert to the Euro as an official currency? | In many countries in Europe the prices shot through the roof, so it is not all positive. Also the switching country gives out lot of monetary control that is not welcomed by many. I think that UK is not going to change to euro for a long long time. |
Are PINs always needed for paying with card? | For the first part of your question; Refer to related question Why do some online stores not ask for the 3-digit code on the back of my credit card? The other case of Airport ticket machines, requires the physical presence of card. The assumption is that if you had the card before and after the transaction, it was you... |
What's an economic explanation for why greeting cards are so expensive? | (At least in the UK) a company named Card Factory has been very successful in undercutting the competition using the classic pile 'em high and sell 'em cheap strategy with less glamorous high-street locations than 'traditional' stores. Interestingly it doesn't seem to have spawned either competition at their price poin... |
What can make a stock price rise without good news or results? | As a general principle the stock price on the stock market is controlled by an agreement between buyers and sellers. Some initial observations on this stock So, my take on this is one/more of the following My suspicion is the latter. |
What headaches will I have switching from Quicken to GnuCash? | The best way to answer this question is to try. GnuCash is free, so setting it up and giving it a go shouldn't be too hard. After all, what really matters is how helpful the program is for your purposes. One aspect of personal finance that stops me from jumping to GnuCash/KMyMoney/MoneyDance is the ability to download ... |
Would there be tax implications if I used AirBnB as opposed to just renting out a unit normally? | There's no tax difference between using AirBnB or Craigslist or any other method to find tenants. The rules relating to occupancy and frequency may be different for some purposes if you go from yearly or monthly tenants to daily-rate tenants. Your state and local authorities may in the future try to consider you a mot... |
New business owner - How do taxes work for the business vs individual? | Through your question and then clarification through the comments, it looks like you have a U.S. LLC with at least two members. If you did not elect some other tax treatment, your LLC will be treated as a partnership by the IRS. The partnership should file a tax return on Form 1065. Then each partner will get a Sche... |
Is the Canadian Securities Course (CSC) enough to get started in the finance industry in Canada? | Wikipedia says "The Canadian Securities Course (CSC) offered by the Canadian Securities Institute (CSI) is the initial course required for becoming licensed to work within the Canadian securities industry (outside Quebec) as a securities dealer or securities agent." Src: Candian Securities Course EfficientMarket Canada... |
What's the best way to manage all the 401K accounts I've accumulated from my past jobs? | I rolled mine over from the company I was at into my own brokerage house. You can't roll them into a Roth IRA, so I needed to setup a traditional IRA. There is paperwork your old jobs can provide you. I had to put in some mailing addresses, some account numbers and turn them in. My broker received it, I chose what I... |
Property Trust - who or what is the Owner? | The trust owns the property, the trustees control the property and the beneficiaries receive any income from rent or gains from sale of property. |
Long term saving: Shares, Savings Account or Fund | There is no rule of thumb (although some may suggest there is). Everybody will have different goals, investment preferences and risk tolerances. You need to figure this out by yourself by either education yourself in the type of investments you are interested in or by engaging (and paying for) a financial advisor. You ... |
Double-entry bookkeeping: How to account for non-monetary taxable benefits received from employer? | I can say that I got X dollars from an account like "Income:Benefits"... but where do I credit that money to? "Expenses:Groceries" Yes doesn't feel right, since I never actually spent that money on food, You did, didn't you? You got food. I'm guessing there's an established convention for this already? Doubt it. Esta... |
I'm 23 and was given $50k. What should I do? | If your employer is matching 50 cents on the dollar then your 401(k) is a better place to put your money than paying off credit cards This. Assuming you can also get the credit cards paid off reasonably soon too (say, by next year). Otherwise, you have to look at how long before you can withdraw that money, to see if... |
How to measure a currencies valuation or devaluation in relevance to itself | The measure of change of value of a currency in relation to itself is inflation (or deflation). |
How should I pay off my private student loans that have a lot of restrictions? | You might try to refinance some of those loans. It sounds like you are serious about minimizing interest expense, if you think you will be able to pay those loans in full within five years you might also try a loan that is fixed for five years before becoming variable. If you do not think you can repay the loans in f... |
Optimal down payment amount | The optimal down payment is 0% IF your interest rate is also 0%. As the interest rate increases, so does the likelihood of the better option being to pay for the car outright. Note that this is probably a binary choice. In other words, depending on the rate you will pay, you should either put 0% down, or 100% down. The... |
Do ETF dividends make up for fees? | It depends. Dividends and fees are usually unrelated. If the ETF holds a lot of stocks which pay significant dividends (e.g. an S&P500 index fund) these will probably cover the cost of the fees pretty readily. If the ETF holds a lot of stocks which do not pay significant dividends (e.g. growth stocks) there may not be... |
Where to park money while saving for a car | Bond aren't necessarily any safer than the stock market. Ultimately, there is no such thing as a low risk mutual fund. You want something that will allow you get at your money relatively quickly. In other words, CDs (since you you can pick a definite time period for your money to be tied up), money market account or j... |
How did I end up with a fraction of a share? | It's not that uncommon but it doesn't usually come from standard purchases. Investopedia explains: Definition of 'Fractional Share' A share of equity that is less than one full share. Fractional shares usually come about from stock splits, dividend reinvestment plans (DRIPs) and similar corporate actions. Normally, fr... |
What intrinsic, non-monetary value does gold have as a commodity? | This was answered wonderfully in a recent Planet Money podcast: Why Gold?. Here are some higlights of gold: If listening to podcasts isn't your thing, read this summary. |
Clarification on 529 fund | Yes, maybe. The 529 is pretty cool in that you can open an account for yourself, and change the beneficiary as you wish, or not. In theory, one can start a 529 for children or grandchildren yet unborn. Back to you - a 529 is not deductible on your federal return. It grows tax deferred, and tax free if used for approv... |
What are some good ways to control costs for groceries? | Check out the bulk stores like BJs, Sam's Club or whatever else is available to you. You can definitely save money shopping there but you also need to keep your wits about you as well. Example, if you're buying in bulk only to let food go to waste, obviously that's not good either... |
What size “nest egg” should my husband and I have, and by what age? | I would focus first on maxing out your RRSPs (or 401k) each year, and once you've done that, try to put another 10% of your income away into unregistered long term growth savings. Let's say you're 30 and you've been doing that since you graduated 7 years ago, and maybe you averaged 8% p.a. return and an average of $50k... |
How to plan in a budget for those less frequent but mid-range expensive buys? | You would simply plan for misc. expenses in your budget, and allocate a small amount to this every time you do your budget, eventually building up a pool of money that you can then use whenever you have to make a purchase such as that. |
Should I purchase a whole life insurance policy? (I am close to retirement) | I'll start by saying that if this is being explored to scratch a specific itch you have then great, if this was a cold call it's probably safe to ignore it. Certain whole life products (they vary in quality by carrier) can make sense for very high earners who are looking for additional tax preferred places to store mon... |
Standard Deviation with Asset Prices? | Some years ago, two "academics," Ibbotson and Sinquefield did these calculations. (Roger) Ibbotson, is still around. So Google Roger Ibbotson, or Ibbotson Associates. There are a number of entries so I won't provide all the links. |
Saving $1,000+ per month…what should I do with it? | Excellent responses so far. Because I am a math guy, I wanted to stress the power of compounding. It's great that you are thinking about saving and your future when you are so young. Definitely be displined about your saving and investing. You would be surprised how just a small amount can compound over the years. F... |
How to spend more? (AKA, how to avoid being a miser) | Time is money. If those hours spent researching to save $3 made you a better profit than you would have otherwise had buying the more expensive product and using the rest of the time to make more than $3, then you came out on top. If you consider this general premise in every spending decision you make, you should alwa... |
Is it wise to invest small amounts of money short-term? | You can expect about a 7% return when investing in the general market if your horizon is ten years or more. The market fluctuates, which means that you should be absolutely fine with losing 10% or more of your invested money during this period. You say yourself that: I have been setting aside money (...) into a savings... |
My previous and current employers both use Fidelity for 401(k). Does it make sense to rollover? | I would check to see what the fee schedule is on your previous employer's 401k. Depending on how it was setup, the quarterly/annual maintenance fee may be lower/higher than your current employer. Another reason to rollover/not-rollover is that selection of funds available is better than the other plan. And of course al... |
Should withheld income tax be included as income? | Does it make sense to report withheld tax income as an additional income? Is it required by the IRS? Is $T deductible? This is what is called imputed income. The ticket is an income for you, but the company doesn't want you to pay tax on it. But you have to. But they want to be nice to you and give you the ticket on ... |
Did I get screwed in taxes on a mutual fund dividend payment? | How is that possible?? The mutual fund doesn't pay taxes and passes along the tax bill to shareholders via distributions would be the short answer. Your basis likely changed as now you have bought more shares. But I gained absolutely nothing from my dividend, so how is it taxable? The fund has either realized capital... |
Gigantic point amount on rewards card - what are potential consequences? | Of course, as a 'good' person (or maybe a 'stupid' person), I should call them, (wait 30 minutes in the queue), and then try to explain the issue to the service desk. I actually did that, and the guy thought I am nuts to even call, and told me to 'just use them they are yours now'. I don't feel like calling again and a... |
Someone asks you to co-sign a loan. How to reject & say “no” nicely or politely? | Oh, how about something like "I'd rather not. It exposes me to more financial liability than I want. If you were in the hospital, or some emergency like that, it might be different, but..." |
How does a public company turn shares into cash? | how do they turn shares into cash that they can then use to grow their business? Once a Company issues an IPO or Follow-On Public Offer, the company gets the Money. Going over the list of question tagged IPO would help you with basics. Specifically the below questions; How does a company get money by going public in an... |
In Canada, how bad must your credit be for a denial of a Secured Credit Card? | Although now there are "welcome" banking packages when I landed in 2008 I couldn't find any and Vancity gave me a secured visa nonetheless. Let me emphasize: I didn't have a credit history, score at all. I doubt this changed much. The bank has zero risk. |
Why ADP does not accurately withhold state and federal income tax (even if W4 is correct)? | ADP does not know your full tax situation and while the standard exemption system (actually designed by the IRS not ADP) works fairly well for most people it is an approximation. This system is designed so most people will end up with a small refund while some people will end up owing small amounts. So, while it is p... |
Are stock index fund likely to keep being a reliable long-term investment option? | I think you need a diversified portfolio, and index funds can be a part of that. Make sure that you understand the composition of your funds and that they are in fact invested in different investments. |
As a 22-year-old, how risky should I be with my 401(k) investments? | At 22 years old, you can afford to be invested 100% in the stock market. Like many others, I recommend that you consider low cost index funds if those are available in your 401(k) plan. Since your 401(k) contributions are usually made with each paycheck this gives you the added benefit of dollar cost averaging througho... |
Why is the stock market price for a share always higher than the earnings per share? | Earnings per share are not directly correlated to share price. NV Energy, the company you cited as an example, is an electric utility. The growth patterns and characteristics of utilities are well-defined, so generally speaking the value of the stock is driven by the quality of the company's cash flow. A utility with a... |
Are there any rules against penalizing consumers for requesting accurate credit reporting? | The Fair Credit Reporting Act specifies in some detail on pages 50-54 (as labeled in the footer, 55-59 as pages in pdf) the process that occurs when a consumer initiates a dispute. The safe outcome for the reporting agency is to remove the information in dispute from reports within 30 days if the reporting party does... |
Why would a person not want to purchase a Personal Liability (Umbrella) insurance policy? | The two questions inherent in any decision to purchase an insurance plan is, "how likely am I to need it?", and "what's the worst case scenario if I don't have it?". The actuary that works for the insurance company is asking these same questions from the other end (with the second question thus being "what would we be ... |
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