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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to find a public company's balance sheet and income statement? ### Answer: The balance sheet and income statements are located in the 10-K and 10-Q filings for all publicly traded companies. It wi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to find a public company's balance sheet and income statement? ### Answer: Filter by the filings when you look at the search results. The 10-K will include the annual report, which included fisca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to find a public company's balance sheet and income statement? ### Answer: The websites of the most publicly traded companies publish their quarterly and annual financials. Check the investor rel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Google market cap ### Answer: You are right: if the combined value of all outstanding GOOG shares was $495B, and the combined value of all GOOGL shares was $495B, then yes, Alphabet would have a marke...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can a 529 plan help me save for my child's college education? ### Answer: You get to put money away with special tax incentives (ie - no or less taxes to pay) They are state sponsored and therefo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can a 529 plan help me save for my child's college education? ### Answer: If you're ready to start a 529 account, it makes a big difference which state you choose (some states have excessive fees)...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Living in my own rental property ### Answer: If it is a separate unit from the rest of the property, you can use that portion as an investment property. the part, or unit, you are living in is your ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Living in my own rental property ### Answer: When you live in your own rental property, it no longer counts as your 'rental property'. It becomes your own living property and legally you cannot get ta...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I need multiple credit monitoring services? ### Answer: Monitoring your credit doesn't do much. There are some vendors that actually have staff to repair your credit/identity. Substantially all of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I need multiple credit monitoring services? ### Answer: Good question given what happened with Equifax You could avoid paying extra to Experian for monitoring all three, if you are getting free mo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I need multiple credit monitoring services? ### Answer: Monitoring all three is good practice. That way, you will be notified as soon as there is a hard pull on any of your reports. Most financial ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Looking for an ROI formula, brain is broken today ### Answer: The monthly repayments of the initial $ 300,000 loan can be calculated using this formula: source: Finance Formulas The monthly payment i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Returning to the UK after working in Switzerland, What to do with my Swiss Francs? ### Answer: If you "have no immediate plans for the money and will probably not return to Switzerland for a long time...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Returning to the UK after working in Switzerland, What to do with my Swiss Francs? ### Answer: A general principle in finance is that you shouldn't stick with an investment or situation just because i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Put idle savings to use while keeping them liquid ### Answer: First of all, look for a savings account with a decent interest rate. Online banks are good at offering those, and you can transfer your m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Put idle savings to use while keeping them liquid ### Answer: I suppose it depends on how liquid you need, and if you're willing to put forth any risk whatsoever. The stock market can be dangerous, b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Put idle savings to use while keeping them liquid ### Answer: Since you're coming out of college, you're probably a new investor and don't know too much about stocks, etc. I was in the same situation ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Put idle savings to use while keeping them liquid ### Answer: I would suggest a high interest checking account if you qualify, or if you don't, an Investor's Deposit Account (IDA). ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Put idle savings to use while keeping them liquid ### Answer: Provide you are willing to do a bit of work each month, you should apply for a "rewards checking" account. Basically these accounts requi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Put idle savings to use while keeping them liquid ### Answer: I'd have a look at Capital One's Online account too, they've got 1.35% interest rate with 10% bonus if you have over $15k deposited. It is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Put idle savings to use while keeping them liquid ### Answer: I'm new to this, but how about putting a big part of your money into an MMA? I don't know about your country, but in Germany, some online ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Put idle savings to use while keeping them liquid ### Answer: This may sound a little crazy but I would take $5K of that money and buy whiskey with it (Jack Daniel's would be my preference). My guess ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First time home buyer: Can you withdraw funds from a Roth 401k for a first time home purchase? ### Answer: The rules are quite different. There is no special home purchase penalty-free withdrawal. I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: (Legitimate & respectable) strategies to generate “passive income” on the Internet? ### Answer: If you want real no hassle, look into getting an agent: http://www.xmarks.com/topic/photographers_agents...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: (Legitimate & respectable) strategies to generate “passive income” on the Internet? ### Answer: The notion that you can put product on the web and sit back and watch the money roll in is a myth, plain...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: (Legitimate & respectable) strategies to generate “passive income” on the Internet? ### Answer: One such place where you can sell your photos is iStockPhoto. They are pretty picky about the photos th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: (Legitimate & respectable) strategies to generate “passive income” on the Internet? ### Answer: One idea that I read among some of the many, many personal finance blogs out there is to create a niche ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Steps and timing of the SEIS investment (in the UK) ### Answer: You make the investment in Jan 2016. Assuming the SEIS certificate is issued before 5th April 2016, then you will enter the SEIS investm...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I put a large down payment (over 50%) towards a car loan, can I reduce my interest rate and is it smart to even put that much down? ### Answer: Can you reduce your interest rate? Talk to the lender...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I put a large down payment (over 50%) towards a car loan, can I reduce my interest rate and is it smart to even put that much down? ### Answer: Talk to your bank first but shop around a bit as well...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I put a large down payment (over 50%) towards a car loan, can I reduce my interest rate and is it smart to even put that much down? ### Answer: With that credit rating you should have no trouble ge...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I put a large down payment (over 50%) towards a car loan, can I reduce my interest rate and is it smart to even put that much down? ### Answer: I had a strange experience buying a new car. They we...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I put a large down payment (over 50%) towards a car loan, can I reduce my interest rate and is it smart to even put that much down? ### Answer: The real answer is to talk to the bank. In the case o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I put a large down payment (over 50%) towards a car loan, can I reduce my interest rate and is it smart to even put that much down? ### Answer: As others have already pointed out, the bank isn't ge...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would refinancing my mortgage increase my PMI, even though rates are lower? ### Answer: Is that an FHA loan you have? And you're wanting to do one of those low cost FHA re-fi's, right? The answer ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would refinancing my mortgage increase my PMI, even though rates are lower? ### Answer: The PMI rate is calculated at the time your mortgage is underwritten to be terminated at the point where you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would refinancing my mortgage increase my PMI, even though rates are lower? ### Answer: There are deals out there which allow refinancing up to 125% of appraised value so long as you have a solid ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I determine how much my car insurance will cost me? ### Answer: Don't be afraid to shop around. Every couple of years when it's time to renew my auto insurance I call a couple of places to see...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I determine how much my car insurance will cost me? ### Answer: Insurance rates are based on statistics manipulated by experts in actuarial "science". Actuaries look at how many times differen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I determine how much my car insurance will cost me? ### Answer: I'd recommend getting online quotes from several insurance companies. During the process of getting a quote, you will be asked ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I determine how much my car insurance will cost me? ### Answer: Accidents and tickets more than 3 years old generally won't affect you. I use an insurance broker who shops a bunch of differe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I determine how much my car insurance will cost me? ### Answer: The best way to determine how much it will cost you is to call the insurance companies to get a quote from them for all the vehi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 401k Option - Lifecycle or S&P Index - what are pros and cons? ### Answer: I think we resolved this via comments above. Many finance authors are not fans of target date funds, as they have higher fees...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: want to refinance FHA loan, may move out unexpectedly and would like to keep as investment property, what are my options? ### Answer: Most likely no. Just make sure to read the fine print. I'm in ex...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: want to refinance FHA loan, may move out unexpectedly and would like to keep as investment property, what are my options? ### Answer: Streamline refinance is the way to go. You don't have to stay wit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where to Park Proceeds from House Sale for 2-5 Years? ### Answer: As soon as you specify FDIC you immediately eliminate what most people would call investing. The word you use in the title "Parking" i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where to Park Proceeds from House Sale for 2-5 Years? ### Answer: There are some high-yield savings accounts out there that might get you close to 1 percent. Shorter term CDs might also serve you well...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where to Park Proceeds from House Sale for 2-5 Years? ### Answer: Your objectives are contradictory and/or not possible. Eliminating the non-taxable objective: You could divide the $100K in 5 incremen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where to Park Proceeds from House Sale for 2-5 Years? ### Answer: With 100K, I would dump the first 95K into something lame like a tax advantaged bond or do as the others here suggested. My alternati...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where to Park Proceeds from House Sale for 2-5 Years? ### Answer: Individual municipal bonds (not a fund) that will come to term in 2017 from your state. This satisfies 1, 2, 4 and 5. It doesn't sa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can extra mortgage payments be made to lower the monthly payment amount? ### Answer: Some types of loans allow for reamortization (recasting) - which does exactly what you're talking about (making a b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can extra mortgage payments be made to lower the monthly payment amount? ### Answer: That's tricky. Typically you lock in the minimum monthly payment when you close the loan. You can pay more but not ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can extra mortgage payments be made to lower the monthly payment amount? ### Answer: Typically, this is not an option, as the monthly payments are fixed. It depends on the willingness of your financin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the formula for determining estimated stock price when I only have an earning per share number? ### Answer: Stock price = Earning per share * P/E Ratio. Most of the time you will see in a lis...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the formula for determining estimated stock price when I only have an earning per share number? ### Answer: What you need to do is go to yahoo finance and look at different stock's P/E ratios...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the formula for determining estimated stock price when I only have an earning per share number? ### Answer: See this link...I was also looking an answer to the same questions. This site expla...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Good yield vs. safer route (Checking vs. Savings) ### Answer: In the US bank or credit union checking, savings, CD's are insured through FDIC or NCUA. The coverage is for $250,000. This limit can be i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Good yield vs. safer route (Checking vs. Savings) ### Answer: There is no difference in safety form the perspective of the bank failing, due to FDIC/NCUA insurance. However, there is a practical issu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Good yield vs. safer route (Checking vs. Savings) ### Answer: In personal finance, most of your success is determined by personal habit rather than financial savvy. Getting in the habit of making reg...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are TD e-Series Funds worthwhile, or am I better off with ETFs? Why or why not? ### Answer: M Attia, the advantages of the TD e-series are that they are a low cost way to index your portfolio as well ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are TD e-Series Funds worthwhile, or am I better off with ETFs? Why or why not? ### Answer: TD e-series index funds are great for regular contributions every paycheck since there is no trading commiss...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: operating income ### Answer: Sedar is I guess the Canadian equivalent of EDGAR. You can find the company's filings there. Here's a picture from their filings. Can't post the link, if you go and find ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: operating income ### Answer: Judgement, settlement, insurance proceeds, etc etc. These would probably be recorded as a negative expense in the same category where the original expense was recorded. ##...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Comparing the present value of total payment today and partial payments over 3 months ### Answer: Its kind of a dumb question because no one believes that you can earn 8% in the short term in the mark...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Comparing the present value of total payment today and partial payments over 3 months ### Answer: I got $3394.83 The first problem with this is that it is backwards. The NPV (Net Present Value) of th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Comparing the present value of total payment today and partial payments over 3 months ### Answer: What's the present value of using the payment plan? In all common sense the present value of a loan is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a house. I have the cash for the whole thing. Should I still get a mortgage to get the homeowner tax break? ### Answer: Not for the tax break, no; as others have said that still costs you money...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a house. I have the cash for the whole thing. Should I still get a mortgage to get the homeowner tax break? ### Answer: Getting a mortgage for the interest write-off is like buying packs of bas...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a house. I have the cash for the whole thing. Should I still get a mortgage to get the homeowner tax break? ### Answer: Except for unusual tax situations your effective interest rate after taki...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a house. I have the cash for the whole thing. Should I still get a mortgage to get the homeowner tax break? ### Answer: Your wealth will go up if your effective rate after taxes is less than th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are online mortgage lenders as good as local brick-and-mortar ones? ### Answer: I had a pretty good experience with Lending Tree, although they are a mortgage broker, not a lender themselves. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are online mortgage lenders as good as local brick-and-mortar ones? ### Answer: At least five of my co-workers are currently re-financing through Amerisave. Four have had a wonderful experience. The...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to determine duration of a common stock whose dividends grow in perpetuity? ### Answer: The Dividend Discount Model is based on the concept that the present value of a stock is the sum of all futu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to determine duration of a common stock whose dividends grow in perpetuity? ### Answer: The fact that dividends grow in perpetuity does not prevent one from calculating duration. In fact, many ac...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can one tell if a company's quarterly financial report represents a profit or loss? ### Answer: You have defined net profit to include all income and, presumably, expenses. Specifically, you are i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the PEG ratio? How is the PEG ratio calculated? How is the PEG ratio useful for stock investing? ### Answer: PEG is Price/Earnings to Growth. It is calculated as Price/Earnings/Annual EPS Gro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the PEG ratio? How is the PEG ratio calculated? How is the PEG ratio useful for stock investing? ### Answer: PEG is Price to Earnings Growth. I've forgotten how it's calculated, I just rememb...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a way to tell how many stocks have been shorted? ### Answer: Generally the number of shares of a U.S. exchange-listed stock which have been shorted are tracked by the exchange and reported mo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does Value get rounded in figuring out Bonds Value? ### Answer: With the formula you are using you assume that the issued bond (bond A) is a perpetual. Given the provided information, you can't re...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stock grant, taxes, and the IRS ### Answer: I went through this too. There's a safe-harbor provision. If you prepay as estimated tax payments, 110% of your previous year's tax liability, there's no pe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stock grant, taxes, and the IRS ### Answer: If you have a one-time event, you are allowed to make a single estimated payment for that quarter on Form 1040-ES. People seem to fear that if they make on...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are prepayment penalties for mortgages normal? ### Answer: It used to be much more common, particularly for sub-prime loans. If you do run into someone offering a loan with a prepayment penalty, you s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are prepayment penalties for mortgages normal? ### Answer: It's not uncommon to have a small penalty if you pre-pay the mortgage in a short time. After all, making the loan isn't free for the bank. B...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are prepayment penalties for mortgages normal? ### Answer: Fannie Mae and Freddie Mac uniform loans do not have prepayment penalties, so most plain-vanilla loans from national banks and brokers should...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are prepayment penalties for mortgages normal? ### Answer: Mortgages with a prepayment penalty usually do not charge points as a condition of issue. The points, usually in the range 1%-3% of the amoun...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm 23 and was given $50k. What should I do? ### Answer: Here are some possibilities: avoid buying a car for as long as you can; if forced to own one, buy a used dependable car like a Toyota Corolla- ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm 23 and was given $50k. What should I do? ### Answer: First, I would point you to this question: Oversimplify it for me: the correct order of investing With the $50k that you have inherited, you h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm 23 and was given $50k. What should I do? ### Answer: I'll add 2 observations regarding current answers. Jack nailed it - a 401(k) match beats all. But choose the right flavor account. You are cu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm 23 and was given $50k. What should I do? ### Answer: 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. As...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm 23 and was given $50k. What should I do? ### Answer: 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 v...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm 23 and was given $50k. What should I do? ### Answer: nan ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm 23 and was given $50k. What should I do? ### Answer: The best option for maximizing your money long-term is to contribute to the 401(k) offered by your employer. If you park your inheritance in a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm 23 and was given $50k. What should I do? ### Answer: First of all, I am sorry for your loss. At this time, worrying about money is probably the least of your concerns. It might be tempting to try ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm 23 and was given $50k. What should I do? ### Answer: I'd be tempted to pay off the 35k in student loans immediately, but if you have to owe money, it's hard to beat zero percent. So I don't think ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm 23 and was given $50k. What should I do? ### Answer: Wow, hard to believe not a single answer mentioned investing in one of the best asset classes for tax purposes...real estate. Now, I'm not adv...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm 23 and was given $50k. What should I do? ### Answer: Here's what I'd do: Pay off the cards and medical. Deposit 35k in the best interest bearing accounts you can find (maybe some sort of ladder). ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm 23 and was given $50k. What should I do? ### Answer: I would advise against "wasting" this rare opportunity on mundane things, like by paying off debts or buying toys - You can always pay those fr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm 23 and was given $50k. What should I do? ### Answer: I would be realistic and recognize that however you invest this money, it is unlikely to be a life-changing sum. It is not going to provide an ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the p/e ratio? ### Answer: The price to earnings ratio is a measure of the company's current share price compared to the annual net earnings per share. The other way to think about this is th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the p/e ratio? ### Answer: The PE ratio stands for the Price-Earnings ratio. The price-earnings ratio is a straightforward formula: Share Price divided by earnings per share. Earnings per shar...