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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does home equity grow with the investment put into the house? ### Answer: If I have a house that its market value went from $100k to $140k can I get HELOC $40K? Maybe - the amount that you can borrow ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does home equity grow with the investment put into the house? ### Answer: In short, your scenario could work in theory, but is not realistic... Generally speaking, you can borrow up to some percentage...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does home equity grow with the investment put into the house? ### Answer: Your best bet is to talk with a banker about your specific plans. One of the causes of the housing crash was an 80/20 loan. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best return on investment for new home purchase ### Answer: Trying to determine what the best investment option is when buying a home is like predicting the stock market. Not likely to work out. Forge...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best return on investment for new home purchase ### Answer: I encourage you to think of this home purchase decision as a chance to buy into a community that you want your children to grow up in. Try ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Credit card closed. Effect on credit score (USA) ### Answer: There are two factors in your credit score that may be affected. The first is payment history. Lenders like to see that you pay your bills,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Credit card closed. Effect on credit score (USA) ### Answer: You need to find out if the credit card has been reporting these failed automated payments as late or missed payments to your credit report...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Credit card closed. Effect on credit score (USA) ### Answer: As documented in MyFICO (http://www.myfico.com/credit-education/whats-in-your-credit-score/), there are several factors that affect credit ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Credit card closed. Effect on credit score (USA) ### Answer: So My question is. Is my credit score going to be hit? Yes it will affect your credit. Not as much as missing payments on the debt, which...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Possibility to buy index funds and individual funds in a Canadian TFSA ### Answer: This page from the CRA website details the types of investments you can hold in a TFSA. You can hold individual share...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay off my 401k loan or reinvest the funds elsewhere? ### Answer: Pay the 401(k) loan back as soon as possible. To be clear, the money from your 401(k) loan is no longer invested and working...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay off my 401k loan or reinvest the funds elsewhere? ### Answer: This summer I used a loan from my 401(k) to help pay for the down payment of a new house. We planned on selling a Condo a few...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to resolve imbalances and orphan transactions in Gnucash? ### Answer: The GnuCash manual has a page with examples of opening new accounts. The tl;dr is: use the Equity:Opening Balance to offset yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to resolve imbalances and orphan transactions in Gnucash? ### Answer: I have been following some of these threads. Some of them are really old. I have read used recording to equity accounts to res...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to resolve imbalances and orphan transactions in Gnucash? ### Answer: This started as a comment but then really go too long so I am posting an answer: @yarun, I am also using GnuCash just like you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can home buying be considered a sound investment with all of that interest that needs to be paid? ### Answer: I'm going to start with your title question: How can home buying be considered a sound...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can home buying be considered a sound investment with all of that interest that needs to be paid? ### Answer: Since then I wanted to move out of this house because the property taxes are so high a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can home buying be considered a sound investment with all of that interest that needs to be paid? ### Answer: The flaw in your reasoning is that you are assuming that renting a house is easy and a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can home buying be considered a sound investment with all of that interest that needs to be paid? ### Answer: Your question isn't great, but I will attempt to answer this piece as it seems really ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can home buying be considered a sound investment with all of that interest that needs to be paid? ### Answer: Housing prices are inseparable from the job market of an area. The 40k you want to use...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What return are you getting on your money from paying down a mortgage on a rental property? ### Answer: This is a great question, considering that all of your expenses including PITA, Maintenance, etc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What return are you getting on your money from paying down a mortgage on a rental property? ### Answer: There are a few ways to look at this question. Assumptions. Per the original post's assumptions,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What return are you getting on your money from paying down a mortgage on a rental property? ### Answer: As Chris pointed out: If your expenses are covered by the income exactly, as you have said to as...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What exactly do fund managers of index trackers do? ### Answer: From How are indexes weighted?: Market-capitalization weighted indexes (or market cap- or cap-weighted indexes) weight their securitie...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Home sale: No right to terminate? ### Answer: The most likely reason for this is that the relocation company wants to have a guaranteed sale so as to get a new mortgage in the new location. Understan...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Didn't apply for credit card but got an application denied letter? ### Answer: fine because the application was declined anyway. No it isn't fine. Credit card applications generally need a hard pull, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Didn't apply for credit card but got an application denied letter? ### Answer: This can be a case of someone trying to use your identity to obtain credit. I would put a fraud alert on my credit immed...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Didn't apply for credit card but got an application denied letter? ### Answer: This question has the [united kingdom] tag, so the information about USA or other law and procedures is probably only of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Didn't apply for credit card but got an application denied letter? ### Answer: Do you have any ties to your old address? In particular are you the LANDLORD? This could have been a precursor applicatio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Didn't apply for credit card but got an application denied letter? ### Answer: I would keep the letter in a file for follow-up, and I would do what you are already planning to do and wait to see what ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Didn't apply for credit card but got an application denied letter? ### Answer: The use of an old address would make me suspect that your data was stolen from some database you had registered to long a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Didn't apply for credit card but got an application denied letter? ### Answer: It's marketing or SCAM tentative. Please check with extreme attention before clicking any link present in the communicati...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best way to invest money as a 22 year old? ### Answer: What is the goal of the money? If it is to use in the short term, like savings for a car or college, then stick it in the bank and use it for th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best way to invest money as a 22 year old? ### Answer: Most important: Any gains you make from risking this sum of money over the next few years will not be life changing, but if you can't afford to l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best way to invest money as a 22 year old? ### Answer: Hopefully this $1000 is just a start, and not the last investment you will ever make. Assuming that, there are a couple of big questions to consi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best way to invest money as a 22 year old? ### Answer: The classic answer is simple. Aim to build up a a financial cushion that is the equivalent of 3 times your monthly salary. This should be readily...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best way to invest money as a 22 year old? ### Answer: First off, monozok is right, at the end of the day, you should not accept what anyone says to do without your money - take their suggestions as d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the advantages of a Swiss bank account? ### Answer: A lot of Americans have used Swiss bank accounts to avoid paying taxes. However recently several large Swiss banks have started disclosing ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the advantages of a Swiss bank account? ### Answer: This doesn't answer your question, but as an aside, it's important to understand that your second and third bullet points are completely in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the advantages of a Swiss bank account? ### Answer: For an American it nearly impossible to open a Swiss bank account. Even a Swiss person want to open a bank account, we have to fill out a d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the advantages of a Swiss bank account? ### Answer: Here are some reasons why it is advantageous to hold a portion of your savings in other countries: However, it should be noted that there a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Did my salesman damage my credit? What can I do? ### Answer: This shows the impact of the inquiries. It's from Credit Karma, and reflects my inquiries over the past two years. In my case, I refinanced...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Did my salesman damage my credit? What can I do? ### Answer: At one point in my life I sold cars and from what I saw, three things stick out. Unless the other dealership was in the same network, eg A...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Did my salesman damage my credit? What can I do? ### Answer: You can sue them for damages. It would be hard to convince the court that the drop in the credit score was because of that loan, but not un...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Did my salesman damage my credit? What can I do? ### Answer: Hindsight is 20/20, but I offer some suggestions for how this might have gone down. If you had told the bank what was going on they might h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will I be able to purchase land? ### Answer: If there is land for sale, you can buy it. The United States doesn't have many restrictions on the purchase of land. However, you need to be able to afford...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will I be able to purchase land? ### Answer: Here are some important things to think about. Alan and Denise Fields discuss them in more detail in Your New House. Permanent work. Where do you want to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is candlestick charting an effective trading tool in timing the markets? ### Answer: I am strongly skeptical of this. In fact, after reading your question, I did the following: I wrote a little progr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is candlestick charting an effective trading tool in timing the markets? ### Answer: Your questions In the world of technical analysis, is candlestick charting an effective trading tool in timing the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is candlestick charting an effective trading tool in timing the markets? ### Answer: I interned for about six months at a firm that employed a few technical analysts, so I'll try to provide what littl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is candlestick charting an effective trading tool in timing the markets? ### Answer: Candlesticks and TA are a relic of pre-computer trading, period. Market makers use sophisticated algorithms not for...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is candlestick charting an effective trading tool in timing the markets? ### Answer: From my 15 years of experience, no technical indicator actually ever works. Those teaching technical indicators are...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is candlestick charting an effective trading tool in timing the markets? ### Answer: From what I have read from O'Neil to Van Tharp, etc, etc, no one can pick winners more than 75% of the time regardl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What factors make someone buy or sell a stock? ### Answer: First, note that a share represents a % of ownership of a company. In addition to the right to vote in the management of the company [by voti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What factors make someone buy or sell a stock? ### Answer: Stock price is determined by the buyers and sellers, correct? Correct! "Everything is worth what its purchaser will pay for it"-Publius Syrus...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What factors make someone buy or sell a stock? ### Answer: why sell? Because the stock no longer fits your strategy. Or you've lost faith in the company. In our case, it's because we're taking our p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can someone explain how government bonds work? ### Answer: The short of it is that bonds are valued based on a fundamental concept of finance called the "time value of money". Stated simply, $100 one ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I handle student loans when leaving University and trying to buy a house? ### Answer: Concise answers to your questions: Depends on the loan and the bank; when you "accelerate" repayment of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I handle student loans when leaving University and trying to buy a house? ### Answer: One way to reduce the monthly payment due each month is to do everything to eliminate one of the loans....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would open source credit score formulas be feasible? ### Answer: Has this already occurred, if not: why? What are the road blocks? I think it's just that the barriers to entry are rather high. Lender...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would open source credit score formulas be feasible? ### Answer: The major bureaus use the Fair Isaac scoring model, for the most part. Here's an excerpt from a web site (Versions of the FICO scoring...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I pay for school to finish my degree when I can't get a student loan and have bad credit? ### Answer: Here's what you can do: roll up your sleeves and get to work. Work 2 or 3 jobs while you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I pay for school to finish my degree when I can't get a student loan and have bad credit? ### Answer: When considering such a major life decision, with such high potential costs and high poten...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I pay for school to finish my degree when I can't get a student loan and have bad credit? ### Answer: Wesley gave a great answer and a follow up comment. Heed his advice. If you cannot make e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I pay for school to finish my degree when I can't get a student loan and have bad credit? ### Answer: a) Talk to the financial aid counselors at your school. There's a very good chance they ha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why there's always a very huge volume of trades for AAPL every day before market close? ### Answer: A huge amount of money in all financial markets is from institutional investors, such as mutual fund...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Option settlement for calendar spreads ### Answer: First off, you should phone your broker and ask them just to be 100% certain. You will be exercised on the short option that was in the money. It is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Total price of (AAPL option strike price + option cost) decreases with strike price. Why? ### Answer: On July 20, when you posted this question, AAPL was trading almost at 115. The market charges an ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Total price of (AAPL option strike price + option cost) decreases with strike price. Why? ### Answer: Think about it this way. If the strike price is $200, and cost of the option is $0.05. $200 + $0.0...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the effect of dividends on the futures price of an index ### Answer: A futures contract is based upon a particular delivery date. In the case of a stock index futures contract is a cash settl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is Butterfly Trade Strategy good if the mid Strike price is already past? ### Answer: One way to look at a butterfly is to break it into two trades. A butterfly is actually made up of two vertical...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is the time-premium on PUT options calculated ### Answer: I asked a friend and he gave me a good explanation, so I'm just gonna paste it here for others: There is a simple and a complex answer dep...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is the time-premium on PUT options calculated ### Answer: According to Yahoo, AAPL was trading at $113.26 at 1:10 PM on 11/13/15, which is the approximate time of your option quote. You provided ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate how far a shorted stock's price can rise before broker issues a margin call? ### Answer: Most brokers have a margin maintenance requirement of 30%. In your example, it would depend o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate how far a shorted stock's price can rise before broker issues a margin call? ### Answer: When margin is calculated as the equity percentage of an account, the point at which a broker ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does an index rearrange its major holdings ### Answer: An index will drop a company for several reasons: A fund decides how close they want to mirror the index. Some do so exactly, others only ap...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does an index rearrange its major holdings ### Answer: S & P Index Announcements would have notes on when there are changes to the index. For example in the S & P Small-cap 600 there is a change ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options tax treatment ### Answer: You owe no tax on the option transaction in 2015 in this case. How you ultimately get taxed depends on how you dispose of the position. If it expires, then you will...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options tax treatment ### Answer: You would not owe any taxes in the 2015 year, unless you got exercised and called away in 2015. The premium would be short term capital gains barring some other excep...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How an ETF reinvests dividends ### Answer: Let me answer by parts: When a company gives dividends, the share price drops by the dividend amount. Not always by that exact amount for many different rea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How an ETF reinvests dividends ### Answer: SPY does not reinvest dividends. From the SPY prospectus: No Dividend Reinvestment Service No dividend reinvestment service is provided by the Trust. Bro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How an ETF reinvests dividends ### Answer: The shareholders can't all re-invest their dividends -- it's not possible. Paying a dividend doesn't issue any new shares, so unless some of the existing sha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Looking at Options Liquidity: what makes some stocks so attractive for options traders? ### Answer: Option liquidity and underlying liquidity tend to go hand in hand. According to regulation, what kin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Looking at Options Liquidity: what makes some stocks so attractive for options traders? ### Answer: The penny pilot program has a dramatic effect on increasing options liquidity. Bids can be posted at...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it legal to sell my stock at any specified price to a specified person in US Market? ### Answer: So I want to sell my 100 shares of AAPL to him at a price of 10 or even 1 US Dollar. Is that legal...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will an ETF immediately reflect a reconstitution of underlying index ### Answer: AAPL will not drop out of NASDAQ100 tomorrow. From your own quote: The fund and the index are rebalanced quarterly and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How often does a stock price change and where is this defined? ### Answer: Stocks prices are determined whenever a buyer and seller agree to trade at a given price. The company (you use AAPL as an exa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I received a share of Apple stock. Now what? ### Answer: Congratulations! You own a (very small) slice of Apple. As a stockholder, you have a vote on important decisions that the company makes. Each...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do dividend reinvestment purchases work? ### Answer: Many brokers administer their own dividend reinvestment plans. In this case, on dividend payment date, they automatically buy from the market ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do dividend reinvestment purchases work? ### Answer: As far as I know, it has the same price, and effects on the market, as any other transaction... ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do dividend reinvestment purchases work? ### Answer: In order: A seller of the stock (duh!). You don't know who or why this stock was sold. It could be any reason, and is of no concern of yours. I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do dividend reinvestment purchases work? ### Answer: The Brokerage firm will purchase shares for the dividend paid in a omnibus account for the security of the issuer and then they will distribute...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is down -34% in stock terms? ### Answer: The sentence is mathematically wrong and verbally unclear. Mathematically, you calculate the downwards percentage by So, it should be Verbally, the report...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which Earnings Figure for Graham's “Stock Selection for the Defensive Investor”? ### Answer: In the Income Statement that you've linked to, look for the line labeled "Net Income". That's followed by a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: U.S. stock sales- tax on sale for NR Canadian ### Answer: If you're a non resident then you owe no capital gains tax to Canada. Most banks won't let you make trades if you're a non-resident. They may...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options profit calculation and cash settlement ### Answer: The other two answers seem basically correct, but I wanted to add on thing: While you can exercise an "American style" option at any time, i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options profit calculation and cash settlement ### Answer: Depending on the day and even time, you'd get your $2 profit less the $5 commission. Jack's warning is correct, but more so for thinly traded...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options profit calculation and cash settlement ### Answer: Marketwatch reports that the 108 strike call option sells for 1.45, down 1.53 from yesterday. If we split the bid and ask you get 1.415. Tha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I find historical P/E ratios for companies? ### Answer: The mathematics site, WolframAlpha, provides such data. Here is a link to historic p/e data for Apple. You can chart other companies ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does the bid/ask concept exist in dealer markets? ### Answer: The Auction Market is where investors such you and me, as well as Market Makers, buy and sell securities. The Auction Markets operate wit...