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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are my options to deal with Student Loan debt collectors? ### Answer: You should hire a lawyer. The fact that they told you your personal information shows that they actually had it, and are not ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are my options to deal with Student Loan debt collectors? ### Answer: You have not specified what country you are in. That radically changes everything. In case you are in Canada, there's a great...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are my options to deal with Student Loan debt collectors? ### Answer: I had about $16k in student loans. I defaulted on the loans, and they got > passed to a collection type agency (OSCEOLA). T...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to the original funds when a certified bank check is not cashed? ### Answer: The answer probably varies with local law, and you haven't said where you're located. In most or all US states...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I want to take cash from Portugal to the USA, should I exchange my money before leaving or after arriving? ### Answer: in my experience no-cash transactions are the best deal. Take your Portuguese ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I want to take cash from Portugal to the USA, should I exchange my money before leaving or after arriving? ### Answer: You can find lots of answers to this question by googling. I found at least f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I want to take cash from Portugal to the USA, should I exchange my money before leaving or after arriving? ### Answer: My experience (from European countries, but not Portugal specifically) is that...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I want to take cash from Portugal to the USA, should I exchange my money before leaving or after arriving? ### Answer: I would just rely on the salary from my job in the US. If you don't have a job...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is the actual trade on exchanges processed for simple stock orders? ### Answer: The simple answer is, there are many ways for trades to take place. Some systems use order-matching software that e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: As a parent of a high school student, what should my short-term cash policy be to optimize my college costs? ### Answer: There is no simple answer to your question. It depends on many things, perhaps...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does Vanguard determine the optimal asset allocation for their Target Retirement Funds? ### Answer: Googling vanguard target asset allocation led me to this page on the Bogleheads wiki which has d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does Vanguard determine the optimal asset allocation for their Target Retirement Funds? ### Answer: While the Vanguard paper is good, it doesn't do a very good job of explaining precisely why each...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I have a lot of debt and the housing market is rising, should I rent and slowly pay off my debt or buy and roll the debt into a mortgage? ### Answer: The only way to "roll" debt into a home purchas...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I have a lot of debt and the housing market is rising, should I rent and slowly pay off my debt or buy and roll the debt into a mortgage? ### Answer: What you propose is to convert unsecured debt i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I have a lot of debt and the housing market is rising, should I rent and slowly pay off my debt or buy and roll the debt into a mortgage? ### Answer: Buy and Hope is a common investment strategy. I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to class action awards for a stock in an IRA? ### Answer: In most cases, if you are a member of the class the law-firm will contact you via postal mail to notify you of the class action a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Potential phishing scam? ### Answer: You need to talk to your bank. If you're unable to contact your bank until Monday, then wait until Monday. Don't fixate on the idea that the transaction may "har...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Potential phishing scam? ### Answer: Call your bank and inquire if they send out the kinds of notices like the one you received. Don't call the number in the message, because if it is a scam, you're ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: (How) can I print my own checks on my printer on regular paper? ### Answer: There are certain standards that modern checks need to meet. These aren't required by law, but banks today generally insist ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would cross holding make market capitalization apparently more? ### Answer: I started to work out, step by step, why this doesn't work, but the scenario is too convoluted to make that helpful. Basica...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would cross holding make market capitalization apparently more? ### Answer: Initially, Each company has 10k shares. Company B has $500k money and possibly other assets. Every company has stated purpos...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a mortgaged house ### Answer: Just as a renter doesn't care what the landlord's mortgage is, the buyer of a house shouldn't care what the seller paid, what the current mortgage is, or any other...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a mortgaged house ### Answer: If someone owns a house that is not paid off...can someone buy it by taking another mortgage? Yes, but I'm not sure why you think the buyer would need to take anot...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a mortgaged house ### Answer: Go on a website that has real estate listings. Find similar homes in the same neighborhood and list out the prices. Once you have prices, pick out two with diffe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a mortgaged house ### Answer: Based on what you asked and your various comments on other answers, this is the first time that you will be making an offer to buy a house, and it seems that the s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much money are you actually trading with options? ### Answer: You would have paid $880.00 plus commission in this case, and made $85 before commissions. How much you would have made on expiration ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stock prices using candlesticks ### Answer: No it does not. Candlesticks really have nothing to do with this, a stock price can open different then the previous day's close. Examining the chart of TS...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does a high theta mean for an option position? ### Answer: Option prices consist of two parts: the intrinsic value (the difference between the strike and the current price of the stock) and a tim...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Diversify or keep current stock to increase capital gains ### Answer: The biggest challenge with owning any individual stock is price fluctuation, which is called risk. The scenarios you describe assu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax treatment of a boxed trade? ### Answer: Here's how capital gains are totaled: Long and Short Term. Capital gains and losses are either long-term or short-term. It depends on how long the taxpaye...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I get a dividend “free lunch” by buying a stock just before the ex-dividend date and selling it immediately after? [duplicate] ### Answer: Not minutes, but hours. The "ex-dividend" date is the de...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I get a dividend “free lunch” by buying a stock just before the ex-dividend date and selling it immediately after? [duplicate] ### Answer: It is important to remember that the stock price in princ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I get a dividend “free lunch” by buying a stock just before the ex-dividend date and selling it immediately after? [duplicate] ### Answer: There are indeed various strategies to make money from th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is S/P in “Tax Deduction S/P”? ### Answer: From reading the manual, SP means summary punching. Summary punching is the automatic preparation of one total card to replace a group of detail car...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How a company in India can misuse my PAN number and its scanned copy that I provided as an interview candidate? ### Answer: There is a possibility of misuse. Hence it should be shared judiciously. Sha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why won't my retirement account let me write a “covered put”? ### Answer: You're correct in your implied point: Selling a cash secured put has less risk (in terms of both volatility and maximum loss) ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why won't my retirement account let me write a “covered put”? ### Answer: A broker does not have to allow the full trading suite the regulations permit. From brokersXpress: Do you allow equity and in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why won't my retirement account let me write a “covered put”? ### Answer: I have a Roth IRA with Scottrade, and they allow me to write cash secured puts, as well as covered calls. I can also purchase ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why won't my retirement account let me write a “covered put”? ### Answer: A "covered put" of the form of being short, and buying at the strike price if the "put ... is put" (excercise), is off the tab...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't share prices of a company rise every other Friday when the company buys shares for its own employees? ### Answer: Let's take an example: IBM has about 430,000 employees worldwide. Assume th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't share prices of a company rise every other Friday when the company buys shares for its own employees? ### Answer: This is an old question that has an accepted answer, but it has gotten bumpe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't share prices of a company rise every other Friday when the company buys shares for its own employees? ### Answer: Many companies actually just issue new shares for employee compensation inst...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't share prices of a company rise every other Friday when the company buys shares for its own employees? ### Answer: Pre-Enron many companies forced the 401K match to be in company shares. That...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Please explain: What exactly is a CDS or “Credit Default Swap”? ### Answer: From my understanding, a CDS is a financial product to buy protection against an event of "default" (default of payment). Ex...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Please explain: What exactly is a CDS or “Credit Default Swap”? ### Answer: A Credit Default Swap (CDS) is a contract between two parties. A useful analogy is insurance (but by no means exact). I pay...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Please explain: What exactly is a CDS or “Credit Default Swap”? ### Answer: A Credit Default Swap is a derivative, a financial contract with a value dependent upon another asset. A CDS, in essence, is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a negotiable security and how are they related to derivatives? ### Answer: As Dheer pointed out, Wikipedia has a good definition of what a negotiable instrument is. A security is an instrumen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a negotiable security and how are they related to derivatives? ### Answer: The price for securities is negotiable. You totally have a right to make a lower offer when buying or ask for a high...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a negotiable security and how are they related to derivatives? ### Answer: negotiability is a legal concept that permits free transfer of a security without the requirement of prior consent of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does net selling or buying of a stock mean? ### Answer: Consider the mechanic which actually drives the 'price' of a stock. In simplest terms, the 'price' of a stock is the price at which the mos...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does net selling or buying of a stock mean? ### Answer: What does it mean when some one says that today there was a lot of net selling or buying in a stock. What does it mean because for every se...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does net selling or buying of a stock mean? ### Answer: I'm not sure the term actually has a clear meaning. We can think of "what does this mean" in two ways: its broad semantic/metaphorical mean...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which shareholders cause news-driven whole market stock swings? ### Answer: The people who cause this sort of sell-off immediately are mostly speculators, short-term day-traders and the like. They rea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which shareholders cause news-driven whole market stock swings? ### Answer: News-driven investors tend to be very short-term focussed investors. They often trade by using index futures (on the S&P 500...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is street-side booking? ### Answer: This is a technical term referring to the "double entry"-styled book keeping of trades by brokers. Suppose a client executes a buy order with their broker. Th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is street-side booking? ### Answer: The way I would use it is, every trade done by a broker has a client side and a street side. The client side is for their brokerage account, and the street si...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to know precisely when a SWIFT is issued by a bank? ### Answer: I think technically the MIR includes the date of issuance but not the time, see the references here. What you have there looks like ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Companies that use their cash to buy back stock, issue dividends, etc. — how does this this typically affect share price? ### Answer: IBM is famous for spending lots of money on stock buyback to keep ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Companies that use their cash to buy back stock, issue dividends, etc. — how does this this typically affect share price? ### Answer: So far buying of own by own companies like Apple, is concerned it ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Companies that use their cash to buy back stock, issue dividends, etc. — how does this this typically affect share price? ### Answer: If a company is valued correctly, then paying dividends should low...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is meant by “priced in”? ### Answer: Anyone who wants to can use any method they want. Ultimately, the price of the stock will settle on the valuation that people tend to agree on. If you think t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is meant by “priced in”? ### Answer: I think the first misconception to clear up is that you are implying the price of a stock is set by a specific person. It is not. The price of a stock is equa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is meant by “priced in”? ### Answer: Priced in just means that the speaker thinks the current price has already taken that factor into account. For example, the difference in price right before a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In which country can I set up a small company so that I pay a lower rate of corporate tax? ### Answer: There are countries out there that are known as tax havens, where they offer companies low or no...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In which country can I set up a small company so that I pay a lower rate of corporate tax? ### Answer: Grass is always greener at the other side of the hill. Tax is only a small proportion of your c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Potential pitfalls of this volume trading strategy ### Answer: First challenge: Creating a system which can understand written English well enough to read the news. Nothing short of IBM's Watson has p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Potential pitfalls of this volume trading strategy ### Answer: People are trying ideas like this, actually. Though they generally aren't very public about it. While keshlam ventures into hyperbole w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Potential pitfalls of this volume trading strategy ### Answer: I wouldn't be turned off due to the difficult of parsing English, for a few reasons. Firstly, you don't have to perfectly parse to find m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When are equal-weighted index funds / ETFs preferable to market-cap-weighted funds? ### Answer: In market cap weighted index there is fairly heavy concentration in the largest stocks. The top 10 stock...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When are equal-weighted index funds / ETFs preferable to market-cap-weighted funds? ### Answer: Equal-weight ETFs remove the large cap bias found in most popular indexes. What results behaves very muc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When are equal-weighted index funds / ETFs preferable to market-cap-weighted funds? ### Answer: Equal weighted indexes are not theoretically meant to be less volatile or less risky; they're just a dif...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When are equal-weighted index funds / ETFs preferable to market-cap-weighted funds? ### Answer: As Dheer pointed out, the top ten mega-cap corporations account for a huge part (20%) of your "S&P 500" ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's are the differences between “defined contribution” and “defined benefit” pension plans? ### Answer: Defined Benefit - the benefit you receive when you retire is defined e.g. $500 a month if you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's are the differences between “defined contribution” and “defined benefit” pension plans? ### Answer: Defined Benefit Plans: Defined benefit plans are disappearing because of their high cost to t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's are the differences between “defined contribution” and “defined benefit” pension plans? ### Answer: In short, defined contribution plans yield different amounts of return based on the market wh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's are the differences between “defined contribution” and “defined benefit” pension plans? ### Answer: As others have explained defined contribution is when you (or your employer) contributes a sp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: ADR vs Ordinary shares ### Answer: There are basically two different markets for ADRs and ordinary shares. 1) The American market, 2) the "local" market. The following is not true for most stocks in "...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I rollover an “individual retirement annuity” to an IRA? ### Answer: You are not allowed to take a retirement account and move it into the beneficiary's name, an inherited IRA is titled as "Deceas...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I rollover an “individual retirement annuity” to an IRA? ### Answer: Annuities, like life insurance, are sold rather than bought. Once upon a time, IRAs inherited from a non-spouse required the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't SPY, SPX, and the e-mini s&p 500 track perfectly with each other? ### Answer: I thought the other answers had some good aspect but also some things that might not be completely correct, so I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't SPY, SPX, and the e-mini s&p 500 track perfectly with each other? ### Answer: As Ross says, SPX is the index itself. This carries no overheads. It is defined as a capitalization-weighted mix...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't SPY, SPX, and the e-mini s&p 500 track perfectly with each other? ### Answer: The S&P 500 is an index. This refers to a specific collection of securities which is held in perfect proportion....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't SPY, SPX, and the e-mini s&p 500 track perfectly with each other? ### Answer: As a futures trader, I can tell you that the highs and lows for the ES futures diverge simply because they trade...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't SPY, SPX, and the e-mini s&p 500 track perfectly with each other? ### Answer: What you should compare is SPX, SPY NAV, and ES fair value. Like others have said is SPX is the index that oth...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the difference between a stop order and a stop limit order? ### Answer: Stop order is shorter term for stop-loss order. The point being that is intended as a protective measure. A buy stop o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the difference between a stop order and a stop limit order? ### Answer: An attempt at a simple answer for the normal investor: A normal investor buys stock then later sells that stock. (This i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What rules govern when a new option series is issued? ### Answer: The CBOE Rule Book, Section 5.5 explains exactly what programmes are available, how and when they will start listing and expire. The s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What rules govern when a new option series is issued? ### Answer: Without researching the securities in question I couldn't tell you which cycle each is in, but your answer is that they have different...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who determines, and how, the composition of the S&P 500 index? ### Answer: The S&P 500 index is maintained by S&P Dow Jones Indices, a division of McGraw Hill Financial. Changes to the index are made ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who determines, and how, the composition of the S&P 500 index? ### Answer: S & P's site has a methodology link that contains the following which may be of use: Market Capitalization. Unadjusted market...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Approximate IT company valuation (to proximate stock options value) ### Answer: This situation sounds better than most, the company it seems likely to be profitable in the future. As such it is a goo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Approximate IT company valuation (to proximate stock options value) ### Answer: You also need to remember that stock options usually become valueless if not exercised while an employee of the company....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Historical share price at exact day and time ### Answer: On 2012/05/18 at 15:34:00 UTC (11:34:00 EDT) FB was in chaos mode. The most recent public US trade at that moment was at $40.94, but in the ne...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Historical share price at exact day and time ### Answer: You'd have to buy that information. Quoting from this page, Commercial Historical Data Higher resolution and more complete datasets are general...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Historical share price at exact day and time ### Answer: An alternative to paying thousands of dollars for historical prices by the minute: Subscribe to real time data for as low as USD$1.5/month fro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is selling put options an advisable strategy for a retiree to generate stable income? ### Answer: No. In good years, the income seems free. In a down year, particularly a bad one, the investor will b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is selling put options an advisable strategy for a retiree to generate stable income? ### Answer: This is a really bad idea. You are asking to be forced to pay for something at a time when you most li...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is selling put options an advisable strategy for a retiree to generate stable income? ### Answer: I am close to retirement and sell cash secured puts and covered calls on a regular basis. I make 15 %...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is selling put options an advisable strategy for a retiree to generate stable income? ### Answer: There is only one way to create "stable" income using options: write COVERED calls. This means you m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is selling put options an advisable strategy for a retiree to generate stable income? ### Answer: As you move toward retirement, your portfolio is supposed to move toward low risk, stable investments,...