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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the p/e ratio? ### Answer: PE ratio is the current share price divided by the prior 4 quarters earnings per share. Any stock quote site will report it. You can also compute it yourself. All yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shouldn't a Roth IRA accumulate more than 1 cent of interest per month? ### Answer: The term 'interest' tends to be used loosely when discussing valuation of stocks. Especially when referring to IRAs...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shouldn't a Roth IRA accumulate more than 1 cent of interest per month? ### Answer: There are a couple of misconceptions I think are present here: Firstly, when people say "interest", usually that imp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shouldn't a Roth IRA accumulate more than 1 cent of interest per month? ### Answer: Unfortunately for investors, returns for equity-based investments are not linear - you'll see (semi-random) rises an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shouldn't a Roth IRA accumulate more than 1 cent of interest per month? ### Answer: Terminology aside. Your gains for this year in a mutual fund do seem low. These are things that can be quickly, an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Capital losses on early-purchased stock? ### Answer: Yes When exercising a stock option you will be buying the stock at the strike price so you will be putting up your money, if you lose that money yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In accounting and investment, what is the difference and relationship between balance and position ### Answer: an account balance is your total in the account. The word balance means "to be equal". T...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which US market indexes (Dow/DJIA, S&P500, NASDAQ) include reinvested dividends? ### Answer: .INX (the S&P 500 index itself) does not include reinvested dividens. You can figure total return by going...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which US market indexes (Dow/DJIA, S&P500, NASDAQ) include reinvested dividends? ### Answer: While the S&P500 is not a total return index, there is an official total return S&P500 that includes reinve...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Now that Microsoft Money is gone, what can I do? [duplicate] ### Answer: Mint.com is a fantastic free personal finance software that can assist you with managing your money, planning budgets and setti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy index mutual fund or build my own? ### Answer: You better buy an ETF that does the same, because it would be much cheaper than mutual fund (and probably much cheaper than doing it yourself and reb...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy index mutual fund or build my own? ### Answer: There are only three circumstances where building your own "index" portfolio make sense, in my opinion. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy index mutual fund or build my own? ### Answer: One thing I would add to @littleadv (buy an ETF instead of doing your own) answer would be ensure that the dividend yield matches. Expense ratios ar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy index mutual fund or build my own? ### Answer: If you are a "small" investor (namely, not an accredited investor), then the transaction costs (commissions) for purchasing the stocks while attempti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy index mutual fund or build my own? ### Answer: Go with a Vanguard ETF. I had a lengthy discussion with a successful broker who runs a firm in Chicago. He boiled all of finance down to Vanguard ET...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Relocating and buying a house simultaneously - How to handle pre-approval on fluctuating yearly income? ### Answer: Assuming the numbers you gave are forecasted 2013 annual income, you should really u...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to an Earnest Money Deposit if underwriting falls through? ### Answer: Your Purchase and Sale agreement should have a financing contingency. If it doesn't, your money may be at risk, and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any banks with a command-line style user interface? ### Answer: There are API libraries available to various banks in various programming languages. For example, in Perl there are many libra...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any banks with a command-line style user interface? ### Answer: At one point you could log into your HSBC account from the command line, but gosh, I've never heard of a bank that has a comma...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any banks with a command-line style user interface? ### Answer: Some banks would allow you to export your transactions as CSV (they call it Excel export, but in many cases it's actually just...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any banks with a command-line style user interface? ### Answer: A bank is unlikely to provide a 'command line' interface because typical users consider a graphical interface easier to use th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any banks with a command-line style user interface? ### Answer: I think I get your question, but your wording is throwing a lot of us off. If what you want is a clean, effective and efficien...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any banks with a command-line style user interface? ### Answer: You should definitively check boobank. It's not a bank !, but a framework that helps people to create quick interface modules ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any banks with a command-line style user interface? ### Answer: You could keep an eye on BankSimple perhaps? I think it looks interesting at least... too bad I don't live in the US... They a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Bucketing investments to track individual growths ### Answer: Some personal finance packages can track basis cost of individual purchase lots or fractions thereof. I believe Quicken does, for example....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Debit card for minor (< 8 y.o.) ### Answer: It seems the age restriction for the Capital One MONEY account has been removed; I just read the entire terms and conditions and there's no minimum age requ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Debit card for minor (< 8 y.o.) ### Answer: In the UK, the Osper card would do the trick exactly. The closest thing I can find in the US is the USAA Youth accounts which appear to be what you need but...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Debit card for minor (< 8 y.o.) ### Answer: You might consider a Green Dot card. You can personalize the name on the card. There is no risk of over-drafting. There are some fees when you fill the card...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Debit card for minor (< 8 y.o.) ### Answer: I'm not certain if you can get a debit card with it, but if you have a PNC in your area, they have a special kind of account designed around teaching financ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Debit card for minor (< 8 y.o.) ### Answer: GreenLight offers a paid service for $5 per month that requires an adult primary account holder, and then unlimited accounts, including minors, as part of t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do you avoid tax when taking a home equity loan? ### Answer: You'll be taxed when you sell the house, but not before that (or if you do some other transaction that realizes the gain, talk to your real...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do you avoid tax when taking a home equity loan? ### Answer: Loans are not taxable events. The equity you took out is not income. It's a loan, and you pay it back with interest. You pay taxes on the c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do you avoid tax when taking a home equity loan? ### Answer: (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 hom...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do you avoid tax when taking a home equity loan? ### Answer: Why would someone invest in other instruments (e.g. stocks) to pay for childrens' college education when the capital gains on those are ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do only a handful of Canadian companies have options trading on their stocks? ### Answer: First, your question contains a couple of false premises: Options in the U.S. do not trade on the NYSE, wh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do only a handful of Canadian companies have options trading on their stocks? ### Answer: Corporations are removed from the options markets. They can neither permit nor forbid others from trading...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are car buying services worth it? ### Answer: I have used car buying services through Costco and USAA. Twice with a Ford, and once with a Honda. In all instances I was directed to sales people that ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are car buying services worth it? ### Answer: I haven't heard of these before! (And I'm on the board of a Credit Union.) The 0.99% on loans is great. It's especially great on a used car: the steep p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are car buying services worth it? ### Answer: The buying service your credit union uses is similar to the one my credit union uses. I have used their service several times. There is no direct cost to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are car buying services worth it? ### Answer: Depends on how you value your time. These programs do not say they will get you the lowest basement price; they say you get a reasonable price without ne...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are car buying services worth it? ### Answer: I went through the Costco program for the so-called "no-hassle" bargain price when I bought my Prius. According to other Prius owners that I've met on for...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is avoiding fees commonly found with CFD trading possible? ### Answer: The fees with trading CFDs are usually lower than standard share trading. There is usually no joining fee to join a broker and st...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much does it cost to build a subdivision of houses on a large plot of land? ### Answer: A bank may not like loaning money to you for this. That is one snag. You listed 500,000-600,000$ for a monst...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much does it cost to build a subdivision of houses on a large plot of land? ### Answer: Obviously you're missing that there is no house on the land so the cost comparison between a house and land ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much does it cost to build a subdivision of houses on a large plot of land? ### Answer: The estimated cost of $200 sqft of living space is achievable by builders who are following one the their st...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much does it cost to build a subdivision of houses on a large plot of land? ### Answer: Let's think like a real estate developer. First you need to check with the zoning commission the restriction...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much does it cost to build a subdivision of houses on a large plot of land? ### Answer: The basic answer is that you are comparing apples and oranges. On the one hand, you are considering a case ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much does it cost to build a subdivision of houses on a large plot of land? ### Answer: You can hire a builder to build for you on a lot that you would be happy to live on with utilities already c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to decide which private student loan is right for me? ### Answer: I speak from a position of experience, My BS and MS are both in Comp Sci. I know very little about loans or finances. That is very...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculating pay off for credit card with multiple APRs ### Answer: @Joe's original answer and the example with proportionate application of the payment to the two balances is not quite what will happ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculating pay off for credit card with multiple APRs ### Answer: The first thing you need to do is look at your terms and conditions of your credit card, or ask your bank, how they will apply the pa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some tips for getting the upper hand in car price negotiations? ### Answer: I read a really good tract that my credit union gave me years ago written by a former car salesman about negotiatio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some tips for getting the upper hand in car price negotiations? ### Answer: I love John's answer, but I just can't help myself from adding my 2 cents, even though it's over 5 years later. I s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some tips for getting the upper hand in car price negotiations? ### Answer: One point I don't see above: Consumer's Union (the nonprofit which publishes Consumer Reports) has a service where,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some tips for getting the upper hand in car price negotiations? ### Answer: JohnFX and TTT provide excellent answers. Researching prices others have paid, being up front that you'll go buy a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Figuring out an ideal balance to carry on credit cards [duplicate] ### Answer: One factor you may be missing is that, even if you pay your balance in full each month, the utilization probably won't be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Figuring out an ideal balance to carry on credit cards [duplicate] ### Answer: One key point that other answers haven't covered is that many credit cards have a provision where if you pay it off every...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Figuring out an ideal balance to carry on credit cards [duplicate] ### Answer: The fact that you pay the bill reliably is going to count more for your credit rating than anything else, even if you are...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Figuring out an ideal balance to carry on credit cards [duplicate] ### Answer: I think this advice to carry a balance each month is nonsense. You're just wasting money that way. Personally, I have a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a term for the risk of investing in an asset with a positive but inferior return? ### Answer: I'd question whether a guaranteed savings instrument underperforming the stock market really is a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a term for the risk of investing in an asset with a positive but inferior return? ### Answer: In my opinion the risk is about the lost opportunity cost. You can find a lot of articles about i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a term for the risk of investing in an asset with a positive but inferior return? ### Answer: I'm sorry for adding another answer @MatthewFlaschen but it is too long for a comment. It depends...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a term for the risk of investing in an asset with a positive but inferior return? ### Answer: Opportunity cost is the term you're looking for. I.e. (quoting from link) Definition of 'Opportun...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying real estate with cash ### Answer: If they really want cash, you notify your bank in advance of the amount and have it put in your account, then you both sign the paperwork at the bank and after...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying real estate with cash ### Answer: I've been prompted to turn my comments into an answer - Disclosure - I am a Realtor. I work for an investor for whom an offer on a house he will buy describes...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying real estate with cash ### Answer: To give the seller cash at the closing, you will need to borrow the money ahead of time, which means a mortgage is out. A bank will only make a mortgage if the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying real estate with cash ### Answer: i think and what i understand when a house seller is asking for cash, thats means he is looking for a ready and quick buyer doesn't rely on mortgage and its lo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mortgage refinancing ### Answer: If you selected a mortgage that allows additional payments to be credited against the principal rather than as early payment of normal installments, them yes, doing so...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mortgage refinancing ### Answer: First, check with your lender to see if the terms of the loan allow early payoff. If you are able to payoff early without penalty, with the numbers you are posting, I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mortgage refinancing ### Answer: Check the terms of your mortgage. If you are in a fixed-term mortgage, you can likely "over-pay" a fixed amount of the capital each year: typically 10%. Eg if you owe ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will I be turned down for a car loan? ### Answer: Considering I'm putting 30% down and having my father cosign is there any chance I would be turned down for a loan on a $100k car? According to Bank...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I bought a new car for a month and wanted to return it ### Answer: My assumption here is that you paid nearly 32K, but also financed about 2500 in taxes/fees. At 13.5% the numbers come out pretty clo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I bought a new car for a month and wanted to return it ### Answer: Following up on @petebelford's answer: If you can find a less expensive loan, you can refinance the car and reduce the total interest...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: APR for a Loan Paid Off Monthly ### Answer: The periodic rate (here, the interest charged per month), as you would enter into a finance calculator is 9.05%. Multiply by 12 to get 108.6% or calculate A...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: APR for a Loan Paid Off Monthly ### Answer: If your APR is quoted as nominal rate compounded monthly, the APR is 108.6 %. Here is the calculation, (done in Mathematica ). The sum of the discounted fut...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which graduate student loans are preferable? ### Answer: Of course, the situation for each student will vary widely so you'll have to dig deep on your own to know what is the best choice for your situ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which graduate student loans are preferable? ### Answer: All new loans must be originated from the direct loan program. In most cases, the Stafford loan is better, as the rate is lower (6.8% vs. 7.9% ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I get cash from credit card at 0% for 8 months and put it on loans? ### Answer: There are two issues here: arithmetic and psychology. Scenario 1: You are presently paying an extra $500 per mont...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I get cash from credit card at 0% for 8 months and put it on loans? ### Answer: Do you know how many people end up with an 18-21% rate on their credit card? They started off with low teaser ra...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I get cash from credit card at 0% for 8 months and put it on loans? ### Answer: If there is any fee at all on the cash advance, and zero interest on the student loans (for now), it's not worth ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I get cash from credit card at 0% for 8 months and put it on loans? ### Answer: On the face, this appears a sound method to manage long run cumulative interest, but there are some caveats. Maxi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Asset allocation when retirement is already secure ### Answer: he general advice I get is that the younger you are the more higher risk investments you should include in your portfolio. I will be fran...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Asset allocation when retirement is already secure ### Answer: As others are saying, you want to be a bit wary of completely counting on a defined benefit pension plan to be fulfilling exactly the sam...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Asset allocation when retirement is already secure ### Answer: You will hear a lot about diversifying your portfolio, which typically means having a good mix of investment types, areas of investments,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much should a new graduate with new job put towards a car? ### Answer: You are currently $30k in debt. I realize it is tempting to purchase a new car with your new job, but increasing your debt r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much should a new graduate with new job put towards a car? ### Answer: What are your goals in life? If one of them is to appear wealthy then buying a high price import is a great place to start....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much should a new graduate with new job put towards a car? ### Answer: As someone who has a very similar debt amount and environment (new grad, nice new paying job, want a car, etc), I'd like to s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much should a new graduate with new job put towards a car? ### Answer: In a very similar situation as yours, I bought a used motorcycle for $3000. It was still reasonably new, very reliable, and w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much should a new graduate with new job put towards a car? ### Answer: most of the people who lurk in money.se will probably tell you to spend as little as possible on a car, but that is a really ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much should a new graduate with new job put towards a car? ### Answer: Money is a token that you can trade to other people for favors. Debt is a tool that allows you to ask for favors earlier than...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much should a new graduate with new job put towards a car? ### Answer: I have a slightly different take on this, compared to the other answers. In general, I think your emergency fund should alway...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much should a new graduate with new job put towards a car? ### Answer: Regardless of your circumstances, the amount of money you should put into a car is about $6000-8000 or the amount of cash you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much should a new graduate with new job put towards a car? ### Answer: As an absolute basic in life you always need 1 month's salary free and clear sitting in the bank. You do not have this. You d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much should a new graduate with new job put towards a car? ### Answer: So many answers here are missing the mark. I have a $100k mortgage--because that isn't paid off, I can't buy a car? That's ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much should a new graduate with new job put towards a car? ### Answer: I think the answer to how much you "should" spend depends on a few more questions: Once you answer these questions I think yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Learning investing and the stock market ### Answer: It is great that you want to learn more about the Stock Market. I'm curious about the quantitative side of analyzing stocks and other financial inst...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Learning investing and the stock market ### Answer: I would recommend getting a used set of Chartered Financial Analyst books. The series is a great broad introduction to the most important aspects o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Archive Financial Records by Account or by Year ### Answer: First, I try to keep electronic records (with appropriate backups) whenever it seems feasible: utility bills, credit card statements, bank s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Archive Financial Records by Account or by Year ### Answer: The short answer is "it depends", mainly on the type of record and how old it is. Most retained records should be organized by year first, t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 401k Rollover - on my own or through my financial advisor? ### Answer: Call up vanguard and tell them you want to do a rollover. They walk you through the process. Spend some time on reading up on a...