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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Carry-forward of individual losses, with late-filed past taxes [US] ### Answer: The 2012 return was due 4/15/2013 (I'm assuming it didn't fall on a weekend). No late filing penalty if there was no tax...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Carry-forward of individual losses, with late-filed past taxes [US] ### Answer: Is Jim right to be worries? Yes, since the statute of limitations for refunds for 2012 is close and he might lose any ta...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best strategy for after hours trading? ### Answer: First you will need a plan stating three main points: You will have to decide what criteria you will use to answer these points. You migh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best strategy for after hours trading? ### Answer: I would never trade after hours and I have 30 years of trading experience. It is a very volatile emotion driven market without a lot of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a withdrawal of $10000 for 1st home purchase count against Roth IRA basis? ### Answer: TL;DR: No, it doesn't count against the Roth IRA basis. You can find out by looking at Form 8606 Part III, w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a withdrawal of $10000 for 1st home purchase count against Roth IRA basis? ### Answer: From Schwab With a Roth, withdrawals of contributions are always tax-free because you've already paid inco...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which first time Stocks and Shares ISA for UK, frequent trader UK markets? ### Answer: I wouldn't only consider the entry/exit cost per trade. That's a good comparison page by the way. I would also c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy the open and set a 1% limit sell order ### Answer: Nothing is wrong and it should be profitable - but it sounds too good to be true. The devil is in the details and you have not described how you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy the open and set a 1% limit sell order ### Answer: One should also point out that you make a major assumption in that the high of the day doesn't occur on a gap up in morning trading. It's unlikel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Clarifications On PFIC Rules ### Answer: Answers: 1: No, Sections 1291-1298 of the IRC were passed in the Reagan adminstration. 2: Not only can a foreign company like a chocolate company fall afoul of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Clarifications On PFIC Rules ### Answer: Are these PFIC rules new? No, PFIC rules are not new, they've been around for a very long time. what would that mean if a person owned a non-US company stock, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can capital gains be used to fund an IRA with tax advantages? ### Answer: As littleadv suggested, you are mixing issues. If you have earned income and are able to deduct an IRA deposit, where those ac...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can capital gains be used to fund an IRA with tax advantages? ### Answer: IRA contribution must be from your earned income in the sense that you cannot contribute to IRA more than you have in earned i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When to use a stop limit order over a stop order ### Answer: I would be using stop limit orders for stocks that are not too volatile. If you look at the chart and there are not many gaps especially af...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When to use a stop limit order over a stop order ### Answer: This is to protect your position in specific highly volatile market conditions. If the stock is free falling and you only have a stop orde...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: US ISA equivalent for tax exempt investment & savings ### Answer: As far as I know, there is no direct equivalent. An IRA is subject to many rules. Not only are there early withdrawal penalties, but ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much is an asset producing $X/month is worth? ### Answer: The simplest way is just to compute how much money you'd have to have invested elsewhere to provide a comparable return. For example, if y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a typical vesting timeline work with respect to employer contributions? ### Answer: There are two dates that matter for vesting in this situation: If you left the company on 12/31/16, you wou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing small amounts at regular intervals while minimizing fees? ### Answer: It is difficult to find investment banks that offer both low fees and low minimum investments. If you google around for ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing small amounts at regular intervals while minimizing fees? ### Answer: You can open a 529 plan for your child. The minimum contribution for my state is only $25. You can setup automatic depos...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing small amounts at regular intervals while minimizing fees? ### Answer: I was going to comment on the commission-free ETF answer, which I agree with, but I don't have enough reputation. TD Ame...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing small amounts at regular intervals while minimizing fees? ### Answer: I think your best bet would be commission-free ETFs, which have no minimum and many have a share price under $100. Most ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing small amounts at regular intervals while minimizing fees? ### Answer: You could just commingle your funds. That way, she also learns how to keep track of things and how to figure things out...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing small amounts at regular intervals while minimizing fees? ### Answer: Keep it simple: mutual funds (preferably index, low fee or ETF linked funds) do make a nice start for your little prince...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing small amounts at regular intervals while minimizing fees? ### Answer: I am not sure whether this hold in all countries, but at least in the Netherlands my bank allows for investment in funds...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it a bad idea to invest a student loan? ### Answer: This answer is better served as a comment but I don't have enough rep. It is not guaranteed that they 'do not accrue interest while you are a fu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it a bad idea to invest a student loan? ### Answer: Are there any laws against doing this? so long as you are truthful in your application for the loan, none that I know of - technically you could...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it a bad idea to invest a student loan? ### Answer: There will be many who will judge your proposal on the idea that subsidized loans should be available to those who need them, and should not be u...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I can't understand candlestick shadows ### Answer: Each candlestick in a candlestick chart represents the open, close, high and low for a period of time. If you are looking at a daily chart it represe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have a horrible 401k plan, with high expenses. Should I stay with it or move my money elsewhere? ### Answer: 2%? I would put in just what it takes to share in the profit sharing, not a dime more. M...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have a horrible 401k plan, with high expenses. Should I stay with it or move my money elsewhere? ### Answer: The first question is essentially asking for specific investment advice which is off-top...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have a horrible 401k plan, with high expenses. Should I stay with it or move my money elsewhere? ### Answer: As to the rollover question. Only rollover to a ROTH if you have other funds you can us...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shares - Query about RSI (Relative Strength Index) ### Answer: Well that will depend on the time frame you are looking at it. You can't compare the RSI on a five minute chart to the RSI on a daily cha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the US Estate Tax affect an Australian with investments domiciled in the US? ### Answer: I don't think the location of the funds is any of your concern. You're buying a CDI, which is: Austral...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Deriving the put-call parity ### Answer: Think of it this way: C + (-P) = forward contract. Work it out from there. Anyways, this stack is meant for professionals, not students, I think. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to a company when it issues preference shares? ### Answer: In most cases , preferential sharesholders are paid dividends first before common shareholders are paid . In the event of a comp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is tax loss harvesting helpful for passive investing? ### Answer: The harvested losses are capital losses. See this IRS page: Generally, realized capital losses are first offset against realized ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is tax loss harvesting helpful for passive investing? ### Answer: You also may want to consider how this interacts with the stepped up basis of estates. If you never sell the stock and it passes ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is tax loss harvesting helpful for passive investing? ### Answer: Your assertion that you will not be selling anything is at odds with the idea that you will be doing tax loss harvesting. Tax los...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is tax loss harvesting helpful for passive investing? ### Answer: I wrote a detailed article on Tax Loss Harvesting to show the impact on returns. For my example, I showed a person in the 15% bra...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Indian equivalent of Vanguard S&P 500 ### Answer: Also, when they mean SP500 fund - it means that fund which invests in the top 500 companies in the SP Index, is my understanding correct? Yes that is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the US tax owed when gifting India Shares to my brother? ### Answer: Here's an excerpt from the Charles Schwab website which I think will help evaluate your position: The simple answer to your...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Better to have a non-registered (taxable) investment account in one/both names and/or based on income? ### Answer: It should be in the name(s) of whomever puts money in the account. When filing your ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mutual fund capital gain on my 1099-DIV : no cost basis? ### Answer: The capital gain is either short-term or long-term and will be indicated on the 1099-DiV. You pay taxes on this amount as the capit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is compounding interest on investments a myth? ### Answer: The S&P 500 index from 1974 to present certainly looks exponential to me (1974 is the earliest data Google has). If you read Jeremy Siegel's...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is compounding interest on investments a myth? ### Answer: Compound growth isn't a myth, it just takes patience to experience. A 10% annual return will double the investment not in 10 years, but just...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is compounding interest on investments a myth? ### Answer: So my Question is this, in reality is investment in equities like the stock market even remotely resemble the type of growth one would ex...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is compounding interest on investments a myth? ### Answer: This post may be old anyhow here's my 2 cents. Real world...no. Compounding is overstated. I have 3 mutual funds, basically index funds, you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do the proceeds from selling an option immediately convert to buying power in a margin account? ### Answer: Yes. I heard back from a couple brokerages that gave detailed responses. Specifically: In a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do the proceeds from selling an option immediately convert to buying power in a margin account? ### Answer: I'd say yes, and hope that my anecdotal evidence serves as proof. My IRA is not a margin acc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does it mean to invest in potatoes? ### Answer: In order for a commodity to be offered as a future, the exact specifications must be specified by the exchange. This includes not only the particul...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does it mean to invest in potatoes? ### Answer: comments discuss investing in potato futures. Learn / ready about commodity trading or commodity futures. An investopedia article How To Invest In ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you sell stocks/commodities for any price you wish (either direct or market)? ### Answer: You answered your own question "whether someone buys is a different thing". You can ask any price that you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you sell stocks/commodities for any price you wish (either direct or market)? ### Answer: In other words, does the market have control over sale numbers or do I? You both do, just like for the bik...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you sell stocks/commodities for any price you wish (either direct or market)? ### Answer: I think for this a picture is worth a thousand words. This is a "depth chart" that I pulled from google i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's best investment option? Mutual fund or Property [duplicate] ### Answer: nan ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to bet against IPOs? ### Answer: There are 2 primary ways to bet against a stock if you think it will decline. The first is to short sell shares of that stock the second is to buy put options (I w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do new automobiles typically release in low numbers? ### Answer: Do new automobiles typically release in low numbers? and later you say The car released 2 days ago. I called around and discovered loc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What price can *I* buy IPO shares for? ### Answer: If you participate in an IPO, you specify how many shares you're willing to buy and the maximum price you're willing to pay. All the investors who ar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What price can *I* buy IPO shares for? ### Answer: Some brokers have a number of shares they can offer their customers, but the small guy will get 100, not as many as they'd like. In the Tech bubble o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What price can *I* buy IPO shares for? ### Answer: It depends a large part on your broker's relationship with the issuing bank how early you can participate in the IPO round. But the nature of the sto...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Right account for local purchases, loan EMI, and investments ### Answer: What is the best and most economical way for me to pay the loan EMIs directly? (whether from a Singapore account or a NRE/NRO a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some well known or well regarded arguments against investing? ### Answer: I think you're confusing risk analysis (that is what you quoted as "Taleb Distribution") with arguments against takin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some well known or well regarded arguments against investing? ### Answer: Oh, geez, well-regarded arguments against investing, hmm? Well, I have a couple. They're not against investing per se...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Retirement planning 401(k), IRA, pension, student loans ### Answer: You asked specifically about the ROTH IRA option and stated you want to get the most bang for your buck in retirement. While others...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Retirement planning 401(k), IRA, pension, student loans ### Answer: None of your options seem mutually exclusive. Ordinarily nothing stops you from participating in your 401(k), opening an IRA, quali...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Retirement planning 401(k), IRA, pension, student loans ### Answer: I'd suggest you avoid the Roth for now and use pretax accounts to get the greatest return. I'd deposit to the 401(k), enough to get ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can the Delta be used to calculate the option premium given a certain target? ### Answer: In a simple world yes, but not in the real world. Option pricing isn't that simplistic in real life. Generally...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can the Delta be used to calculate the option premium given a certain target? ### Answer: One thing I would like to clear up here is that Black Scholes is just a model that makes some assumptions abou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I begin investing real money as a student? ### Answer: Without knowing what you are trying to achieve - make a bit of pocket money, become financially independent, invest for retirement, le...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I begin investing real money as a student? ### Answer: I like your enthusiasm and initiative. However, there are a few things you need to consider that you haven't yet thought about. First,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I begin investing real money as a student? ### Answer: I started my account with $500 so I know where you're coming from. For the words of caution, in about 2009 we entered a pretty signif...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I begin investing real money as a student? ### Answer: I think you have a really good idea, kudos to it. It will be difficult to break eve, and while you stressed the fact that you are read...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Retirement Savings vs. Student Loan payments ### Answer: You can play with the numbers all you like (and that's good), however, here is a different way to look at it. The debt you have is risk. It li...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Retirement Savings vs. Student Loan payments ### Answer: Your plan sounds quite sound to me. I think that between the choices of [$800 for Loans, $300 for Retirement] and [$1100 for loans], both are ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best resource for determining a specific age-based asset allocation? ### Answer: Look into the asset allocations of lifecycle funds offered by a company like Vanguard. This page allows you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Margin Call Question ### Answer: The initial position is worth 40000. You post 50% margin, so you deposited 20000 and borrowed 20000. 6% of 20000 is 1200. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does investing more money into stocks increase chances of profit? ### Answer: I think you are mixing up the likelihood of making a profit with the amount of profit. The likelyhood of profit will be th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does investing more money into stocks increase chances of profit? ### Answer: The investment return for a given strategy is directly proportional to the amount invested. Invest twice as much, profit (...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does investing more money into stocks increase chances of profit? ### Answer: Have a read of this PF&M article, which @Blackjack has an excellent answer that speaks around risk. Answers which suggest ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Employer reported ESPP ordinary income on wrong year's W-2 ### Answer: Based on the statement in your question you think it should have been on the 2014 W-2 but it was included on the 2015 W-2. If you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Employer reported ESPP ordinary income on wrong year's W-2 ### Answer: You mentioned that the 1099B that reports this sale is for 2014, which means that you got the proceeds in 2014. What I suspect ha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why I cannot buy at ask price? ### Answer: The price is moving higher so by the time you enter your order and press buy, a new buyer has already come in at that time and taken out the lowest ask price...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where do expense ratios show up on my statement? ### Answer: I don't think that you'll notice a difference in the NAV in a fund with fees that are low as the Vanguard Total Stock Market Fund. Their ma...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where do expense ratios show up on my statement? ### Answer: For Vanguard: Vanguard does compare its fees with similar funds from its competitors on this tab, but then again, this is Vanguard giving y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Analyze a security using Benjamin Graham's Defensive Investor Criteria ### Answer: Everything you are doing is fine. Here are a few practical notes in performing this analysis: Find all the primary fi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you have a positive return with a balance below cost basis? ### Answer: Have you owned the stock for longer than 2015? The stock appears to have grown in value since December 2014 from 72.85 to 7...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Margin account: how to calculate the stock price that might trigger a liquidation of positions? ### Answer: Thanks to this youtube video I think I understood the required calculation. Based on followi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Short term cutting losses in a long term investment ### Answer: What you are suggesting would be the correct strategy, if you knew exactly when the market was going to go back up. This is called marke...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Short term cutting losses in a long term investment ### Answer: If you are investing for 10 years, then you just keep buying at whatever price the fund is at. This is called dollar-cost averaging. If ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Short term cutting losses in a long term investment ### Answer: What might make more sense is to 'capture' your losses. Sell out the funds you have, move into something else that is different enough ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Retirement Funds: Betterment vs Vanguard Life strategy vs Target Retirement ### Answer: First, congratulations on choosing to invest in low cost passively managed plans. If you choose any one of these...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Retirement Funds: Betterment vs Vanguard Life strategy vs Target Retirement ### Answer: Katherine from Betterment here. I wanted to address your inquiry and another comment regarding our services. I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Retirement Funds: Betterment vs Vanguard Life strategy vs Target Retirement ### Answer: Life Strategy funds are more appropriate if you want to maintain a specific allocation between stocks and bonds ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: At what point is the contents of a trust considered to be the property of the beneficiary? ### Answer: No, you will not have to pay taxes on the corpus (principal) of the trust distribution. If the t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: At what point is the contents of a trust considered to be the property of the beneficiary? ### Answer: Both a trust and an estate are separate, legal, taxpaying entities, just like any individual. Inc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can it be possible that only ~10% of options expire worthless, and only ~10% are exercised? ### Answer: Consider the futures market. Traders buy and sell gold futures, but very few contracts, rela...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can it be possible that only ~10% of options expire worthless, and only ~10% are exercised? ### Answer: You gave your own answer - the 80% is positions, not contracts. Most actors on the option ma...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What will happen to my shares if company delisted ### Answer: If they own enough shares to vote to sell, you will be paid the offer price quoted to you. At that point if you do not wish to sell your o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Getting a USD cheque, without too many fees, and with a sensible exchange rate? ### Answer: UPDATE: Unfortunately Citibank have removed the "standard" account option and you have to choose the "plus" ...