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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options for dummies. Can you explain how puts & calls work, simply? ### Answer: Put Options for Kids: You have a big box of candy bars. You saved up your allowance to get a lot of them, so you could h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options for dummies. Can you explain how puts & calls work, simply? ### Answer: In addition to all these great answers, check out the Wikipedia entry on options. The most important thing to note from ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options for dummies. Can you explain how puts & calls work, simply? ### Answer: So, child, your goal is to make money? This is usually achieved by selling goods (say, lemonade) at a price that exceeds...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can my dad (grandpa) transfer shares to my 2 year old son? ### Answer: The most common way to handle this in the US is with a UTMA account. UTMA is the Uniform Transfers / Gifts to Minors Act ("UT...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can my dad (grandpa) transfer shares to my 2 year old son? ### Answer: A UTMA may or may not fit your situation. The main drawbacks to a UTMA account is that it will count against your child for f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Missing 401(k) dividends ### Answer: Your investment is probably in a Collective Investment Trust. These are not mutual funds, and are not publicly traded. I.e. they are private to plan participants i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are these really bond yields? ### Answer: that would imply that a 30Y US Treasury bond only yields 2.78%, which is nonsensically low. Those are annualized yields. It would be more precise to say that...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are these really bond yields? ### Answer: Yes those are really yields. A large portion of the world has negative yielding bonds in fact. This process has been in motion for the past 10 years for very ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are these really bond yields? ### Answer: But it also can't be 1.46%, because that would imply that a 30Y US Treasury bond only yields 2.78%, which is nonsensically low. The rates are displayed as of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are these really bond yields? ### Answer: It's worth pointing out that a bulk of the bond market is institutional investors (read: large corporations and countries). For individuals, it's very easy to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are these really bond yields? ### Answer: Those are the "right" yields. They are historically (but not "nonsensically") low. Those yields are reflective of the sluggish U.S. and global economic activi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do “Instant Approved” credit card inquires appear on credit report? ### Answer: It is not delayed and if it didn't show yet - will not show on that agency's credit report. However, you may find it on ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do “Instant Approved” credit card inquires appear on credit report? ### Answer: Businesses you are already established with may do a soft pull to pre-qualify you for an offer. They store the informat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do “Instant Approved” credit card inquires appear on credit report? ### Answer: You'll see a hard inquiry for both, but not necessarily on all three agencies (Experian, TransUnion and Equifax). I have...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do “Instant Approved” credit card inquires appear on credit report? ### Answer: Yes, they do. Generally though you'll only see it on one or two reports. With regards to the impact on your credit score...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do “Instant Approved” credit card inquires appear on credit report? ### Answer: Those two hard inquiries will only count as one on your score because you applied for the two cards immediately one afte...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Option on an option possible? (Have a LEAP, put to me?) ### Answer: I understand what you're asking for (you want to write options ON call options... essentially the second derivative of the underlyin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Option on an option possible? (Have a LEAP, put to me?) ### Answer: I can sell a PUT on it a bit out of the money, and I seemingly "win" either way: i.e. make money on selling the PUT, and either I ge...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Option on an option possible? (Have a LEAP, put to me?) ### Answer: There are options on options. Some derivative instruments assets ARE options (some ETFs), and you are able to buy shares of those E...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Option on an option possible? (Have a LEAP, put to me?) ### Answer: There are many stategies with options that you have listed. The one I use frequently is buy in the money calls and sell at the money...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Option on an option possible? (Have a LEAP, put to me?) ### Answer: As with most strategies there are pros and cons associated with this approach: Advantages of using LEAPS: Disadvantages of using LEA...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Conservative ways to save for retirement? ### Answer: A 401(k) is just a container. Like real-world containers (those that are usually made out of metal), you can put (almost) anything you want in it....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Conservative ways to save for retirement? ### Answer: I didn't even have access to a 401(k) at age 24. You're starting early and that's good. You're frugal and that's good too. Retirement savings i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Conservative ways to save for retirement? ### Answer: It has been hinted at in some other answers, but I want to say it explicitly: Volatility is not risk. Volatility is how much an investment goes up...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Conservative ways to save for retirement? ### Answer: I'd say that because you are young, even the 'riskier' asset classes are not as risky as you think, for example, assuming conservatively that you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Conservative ways to save for retirement? ### Answer: Dividend reinvestment plans are a great option for some of your savings. By making small, regular investments, combined with reinvested dividends,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Conservative ways to save for retirement? ### Answer: Buy gold, real coins not paper. And do not keep it in a bank. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What taxes are assessed on distributions of an inherited IRA? ### Answer: For an inherited IRA, there are a few options for taking distributions. You clearly haven't done option 1. It sounds like you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What taxes are assessed on distributions of an inherited IRA? ### Answer: Distributions from an inherited IRA will be taxed as ordinary income and there are required minimum distributions for the inhe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What taxes are assessed on distributions of an inherited IRA? ### Answer: All transactions within an IRA are irrelevant as far as the taxation of the distributions from the IRA are concerned. You can...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What taxes are assessed on distributions of an inherited IRA? ### Answer: You've been taking the RMDs. Each year the RMD is calculated by taking the prior 12/31 balance and dividing by the divisor, ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What part of buying a house would make my net worth go down? ### Answer: Buying a house can definitely make your net worth go down because there are expenses involved (interest expense, closing costs,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What part of buying a house would make my net worth go down? ### Answer: One way to think of net worth is to think if you sold everything you owned, how big of a pile of money would be standing next t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What part of buying a house would make my net worth go down? ### Answer: Cosigning a loan for someone else will make net worth decrease, whether backed by security or not. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What part of buying a house would make my net worth go down? ### Answer: In general, buying a house will improve your net worth over the long haul, because unlike cars, houses don't suffer as much fro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What part of buying a house would make my net worth go down? ### Answer: Houses depreciate. Period. Things break: the hot water heater explodes, the AC cuts out in August, the roof leaks, the basement...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What part of buying a house would make my net worth go down? ### Answer: You can look at buying a house as being a long term investment in not paying rent. In the short time there are costs to buyin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What percentage of my stock portfolio should be international (non-US) stocks? ### Answer: Rephrasing your question: Am I diversified if I have more than 50% US stocks? I would say that you can cer...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What percentage of my stock portfolio should be international (non-US) stocks? ### Answer: Without knowing anything else about you, I'd say I need more information. If all of your investments are in s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stocks that only have 1 really high peak ### Answer: Investing is not the same as illegal drugs. One does not start with pot and progress to things like heroin in order to get a better high. Penny ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: eurodollar future ### Answer: If they short the contract, that means, in 5 months, they will owe if the price goes up (receive if the price goes down) the difference between the price they sold the fu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much lump sum investment in stocks would be needed to yield a target stable monthly income? ### Answer: If your requirements are hard (must have $1000/month, must have the same or bigger in capita...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much lump sum investment in stocks would be needed to yield a target stable monthly income? ### Answer: I will add another point to ChrisinEdmonton's answer... I recognize that this is perhaps app...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shares; are they really only for the rich/investors? ### Answer: Small purchases will have a disproportionate expense for commissions. Even a $5 trade fee is 5% on a $100 purchase. So on one hand, it'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shares; are they really only for the rich/investors? ### Answer: A guy I used to work with would buy some shares in certain companies on a regular basis. The guy in question chose Coke, Pepsi, GE, Di...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shares; are they really only for the rich/investors? ### Answer: I think small sums invested regularly over long-term can do good for you, things to consider: I would go with an index fund and contri...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shares; are they really only for the rich/investors? ### Answer: I think I have a better answer for this since I have been an investor in the stock markets since a decade and most of my money is eithe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shares; are they really only for the rich/investors? ### Answer: Shares are for investors. Most of the rich are investors. Unfortunately, the reverse is not true. But if you want to get rich, the firs...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shares; are they really only for the rich/investors? ### Answer: Put £50 away as often as possible, and once it's built up to £500, invest in a stockmarket ETF. Repeat until you retire. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shares; are they really only for the rich/investors? ### Answer: As a matter of fact, I invest small sums in stable stocks every month (in fact, much lesser than the $50 you are talking about). More t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I find quality Wind power / renewable energy mutual funds? ### Answer: Usually it makes sense to invest in individual companies when you're investing in a "hot" sector. Secular funds have their...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it true that the price of diamonds is based on a monopoly? ### Answer: Yes, the De Beers Group of Companies is a diamond cartel that had complete control of the diamond market for most of the 20th ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it true that the price of diamonds is based on a monopoly? ### Answer: diamonds are intrinsically worthless -- and therefore have quite little resale value It may be true that De Beers has a near m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it true that the price of diamonds is based on a monopoly? ### Answer: De Beers is the company most cited as the near monopoly. They used to own a massive chunk of the diamond supply and intentiona...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it true that the price of diamonds is based on a monopoly? ### Answer: diamonds are intrinsically worthless this is simply wrong. (1) Diamonds that are sold for anything less than, oh, let's say $5...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it that stock prices for a company seem to go up after a layoff? ### Answer: If the market believes that the company is overstaffed, then management acknowledging the issue and resolving the pr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it that stock prices for a company seem to go up after a layoff? ### Answer: As others have pointed out, there are often many factors that are contributing to a stock's movement other than the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it that stock prices for a company seem to go up after a layoff? ### Answer: AMD is doing more than just laying off staff. Their earnings report also includes sales of real estate and other tur...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Difference between GOOGL and GOOG ### Answer: Source ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Difference between GOOGL and GOOG ### Answer: Note that these used to be a single "common" share that has "split" (actually a "special dividend" but effectively a split). If you owned one share of Goo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does it make sense to trade my GOOGL shares for GOOG and pocket the difference? ### Answer: To keep it simple, let's say that A shares trade at 500 on average between April 2nd 2014 and April 1st 2015...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does it make sense to trade my GOOGL shares for GOOG and pocket the difference? ### Answer: It appears very possible that Google will not have to pay any class C holders the settlement amount, given t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does it make sense to trade my GOOGL shares for GOOG and pocket the difference? ### Answer: Too much fiddling with your portfolio if the difference is 3-4% or less (as it's become in recent months). ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Option trading: High dollar value stock option and equity exposure ### Answer: Seems like you are concerned with something called assignment risk. It's an inherent risk of selling options: you are giv...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Option trading: High dollar value stock option and equity exposure ### Answer: You're forgetting the fundamental issue, that you never have to actually exercise the options you buy. You can either se...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does F[YY]e mean in reporting ### Answer: It means it's estimate and not final numbers and generally used for future years ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does F[YY]e mean in reporting ### Answer: that means fiscal year 2015,Most internal company in China or India have different fiscal year to estimate financial state when it run to the end of year...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the average rate of return for some of the most mainstream index funds? ### Answer: When asking about rate of return it is imperative to specify the time period. Average over all time? Average ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the average rate of return for some of the most mainstream index funds? ### Answer: This page from simplestockinvesting.com gives details of total returns for the S&P500 for each decade over th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is KIRCHSTRASSE on my statement bill? ### Answer: POS stands for Point of Sale (like a specific store location) which indicates that the purchase occurred by using your debit card, but it can als...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I value personal use television for donation? ### Answer: IRS Pub 561 says you have to use fair market value. You cannot simply use a depreciated value. You should attempt to determine wha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I value personal use television for donation? ### Answer: The usual lazy recommendation: See what similar objects, in similar condition, of similar age, have sold for recently on eBay. That...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I value personal use television for donation? ### Answer: Is it a tube television, digital, analog, what? Tube televisions are no longer made in (or imported to) the U.S., and if it's an a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I value personal use television for donation? ### Answer: I used TurboTax last year. It had a section for donations where it figured out the amounts of the IRS approved values for a donatio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Converting bank statements to another currency? ### Answer: If the account is not dollar-denominated, I would say it does not make sense at all to have dollar-denominated statements. Such a statement ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do buyers of bond ETFs need to pay for accrued interest? ### Answer: No. Investors purchase ETFs' as they would any other stock, own it under the same circumstances as an equity investment, collecting...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the difference between state pension plans and defined contribution plans? ### Answer: The specific "State Pension" plan you have linked to is provided by the government of the U.K. to workers...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to find out if I have a savings account already? ### Answer: If you know what bank your parents used, call them and ask. (Or you might have to go there and show id). Chances are if such an account...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to find out if I have a savings account already? ### Answer: If you're in the UK, there's a free service here that lets you trace lost bank accounts. If you're in a different country, try Googling...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some good software packages for Technical Analysis? ### Answer: About 10 years ago, I used to use MetaStock Trader which was a very sound tool, with a large number of indicators, but it has ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a stock exchange company actually go bust? ### Answer: A stock exchange is a marketplace where people can bring their goods [shares] to be traded. There are certain rules. Stock Exchange does not ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a stock exchange company actually go bust? ### Answer: Technically, of course. Almost any company can go bankrupt. One small note: a company goes bankrupt, not its stock. Its stock may become wort...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you sell on the settlement date? ### Answer: Yes, on the settlement the stock is yours to sell with no risk of freeride or day trading applying. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Recovering over-contribution to Social Security between two employers? ### Answer: This is a common occurrence when somebody has multiple jobs in one year. The employer can't know if you have reached ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some pre-tax programs similar to FSA that I can take advantage of? ### Answer: 2014 Limit: $2,500 Notes 2014 Limit: $3,300 individual, $6,550 family Notes 2014 Limit: $5,000 Notes 2014 Limit:...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some pre-tax programs similar to FSA that I can take advantage of? ### Answer: There is a dependent care spending account for child care related expenses. Also Medical and Dental expenses ove...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Motley fool says you can make $15,978 more per year with Social Security. Is this for real? ### Answer: The purpose of this spammy Motley Fool video ad is to sell their paid newsletter products. Alth...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Digital envelope system: a modern take ### Answer: My wife and I use a digital form of the envelope system. We call it a budget; we record how much we want to allocate each month to spend--for each c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Digital envelope system: a modern take ### Answer: I definitely get where you're coming from. The envelope system sounds good, but doesn't appeal to most people under 50 for many of these reasons (p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Digital envelope system: a modern take ### Answer: While Googling answers for a similar personal dilemma I found Mvelopes. I already have a budget but was looking for a digital way for my husband and...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Digital envelope system: a modern take ### Answer: The whole point of the "envelope system" as I understand it is that it makes it easy to see that you are staying within your budget: If the envelope...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Digital envelope system: a modern take ### Answer: If psychologically there is no difference to you between cash and debit (you should test this over a couple of months on yourself and spouse to make...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Digital envelope system: a modern take ### Answer: I opened several free checking accounts at a local credit union. One is a "Deposit" account where all of my new money goes. I get paid every two w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Digital envelope system: a modern take ### Answer: Envudu (envudu.com) looks very promising, and I think what they are planning to put out will do essentially everything you want. It's a single prepa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have $10,000 sitting in an account making around $1 per month interest, what are some better options? ### Answer: Based on your question, I am going to assume your criterion are: Based on these, I ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have $10,000 sitting in an account making around $1 per month interest, what are some better options? ### Answer: There are many considerations before deciding on the best place for your funds: How...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have $10,000 sitting in an account making around $1 per month interest, what are some better options? ### Answer: I disagree with most of the answers here so far because they are either too risky o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have $10,000 sitting in an account making around $1 per month interest, what are some better options? ### Answer: What is your risk tolerance? Personally I invest about $5k in digital currency as ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have $10,000 sitting in an account making around $1 per month interest, what are some better options? ### Answer: Put the whole lot into a couple of low-cost broad index funds with dividends reinve...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I move my 401k to another country without paying tax penalty? ### Answer: I doubt that there is an arrangement with any country that would allow you to transfer money out of a 401(k) and roll it o...