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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is good growth? ### Answer: If your question is truly just What is good growth? Is there a target return that's accepted as good? I assumed 8% (plus transaction fees). Then I'd have to point o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is good growth? ### Answer: In One Up on Wall Street, Peter Lynch suggested that there are six major aspects to choosing growth stocks: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is good growth? ### Answer: The first issue is if the stock has returned 8% since you purchased it that could be either very good (8% in two days) or very bad (8% over 20 years). Even just measu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is good growth? ### Answer: There isn't a single hard and fast return to expect. Securities, like all things in a free market, compete for your money. As the Fed sets the tone for the market with...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can my accounting for Tax Basis differ from my broker's ### Answer: No. If you didn't specify LIFO on account or sell by specifying the shares you wish sold, then the brokers method applies. From Pub...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do marketmakers always quote a bid and ask simultaneously ### Answer: Market makers (shortened MM) in an exchange are generally required to list both a bid and ask price to allow both buyers and selle...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do marketmakers always quote a bid and ask simultaneously ### Answer: Yes, but also note each exchange have rules that states various conditions when the market maker can enlarge the bid-ask (e.g. for...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's so hard about a mutual fund manager pricing their mutual fund? ### Answer: Given that a mutual fund manager knows, at the end of the day, precisely how many shares/units/whatever of each invest...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's so hard about a mutual fund manager pricing their mutual fund? ### Answer: Remember that in most news outlets journalists do not get to pick the titles of their articles. That's up to the edit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Early Exercise and 83(b) Election ### Answer: You mention "early exercise" in your title, but you seem to misunderstand what early exercise really means. Some companies offer stock options that vest o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Early Exercise and 83(b) Election ### Answer: I assume I can/will need to file an 83(b) election, in order to avoid tax repercussions? What exactly will this save me from? 83(b) election is for rest...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Help me understand Forex in Interactive Brokers ### Answer: You're confusing open positions and account balance. Your position in GBP is 1000, that's what you've bought. You then used some of it to bu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What do do with traditional IRA if I'm maxing out contributions to employer 401k and want to open a Roth ### Answer: You have many options, and there is no one-size-fits-all recommendation. You can co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: RSU Tax Implications of 83(b) Election ### Answer: I can make that election to pay taxes now (even though they aren't vested) based on the dollar value at the time they are granted? That is correct. Y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Putting borrowed money into an SIPP ### Answer: You may have misunderstood some parts of the system. If you make a pension contribution in any given year, the tax relief is based on your income for th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Putting borrowed money into an SIPP ### Answer: You're creating more liabilities for yourself in the future, although yes this could definitely be a profitable move for you. However, some small mistak...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Putting borrowed money into an SIPP ### Answer: If it were possible to take a loan out for a SIPP investment in the future .. I would suggest having an equivalent invested amount already in an ISA .. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In the event of a corporate spin-off, how can I calculate the correct cost basis for each company's shares? ### Answer: Having all of the numbers you posted is a start. It's what you need to perform t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In the event of a corporate spin-off, how can I calculate the correct cost basis for each company's shares? ### Answer: I was doing my taxes in the US (called Form 1040) and wanted to find out how to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In the event of a corporate spin-off, how can I calculate the correct cost basis for each company's shares? ### Answer: From my understanding: Original Holding: Siemens - 10,000 units at 80 Euros/uni...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Against what income are broker fees deducted? ### Answer: You don't "deduct" transaction fees, but they are included in your cost basis and proceeds, which will affect the amount of gain/loss you repo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investment options ### Answer: Option 1 is out. There are no "safe returns" that make much money. Besides, if a correction does come along how will you know when to invest? There is no signal that say...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investment options ### Answer: You are only 33, with plenty of time to generate long-term returns. A correction is an opportunity for you to buy more at a lower price. My advice: invest about half in ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Swap hedging a currency hedge ### Answer: I decided to try this in order to get a feel of it. As far as the interest rates are concerned, it works. You can set it up and forget about holding time as l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I need to be proactive about telling the tax man (HMRC) I earn more than the child benefit threshold? ### Answer: unregister for child benefit but apparently If I do that then my wife will stop get...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a rescheduled conference call generally mean “something's wrong” with a company? ### Answer: Does the market automatically assume a rescheduled call means something major, like the auditors aren'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a rescheduled conference call generally mean “something's wrong” with a company? ### Answer: Insiders (those who are aware of non-public material information, not necessarily employees) are the o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When entering a Futures contract, must the margin deposit be idle or can I profit from it? ### Answer: In theory, an FCM may accept various types of collateral, including assets such as cash, treasuri...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I tell what is “real” Motley Fool advice? ### Answer: The Fools have a range of advice from common-sense to speculative, aimed at different audiences (one hopes). As always, don't take anyone'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I tell what is “real” Motley Fool advice? ### Answer: These advertisements try to take advantage of the short term memory loss of older people. If you keep an old person watching long enough t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I worry too much about saving my 20% down before buying my first house? ### Answer: The only problem that I see is that by not giving the 20% right away, you might need to pay PMI for a few mon...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Basic mutual fund investment questions ### Answer: You asked 3 questions here. It's best to keep them separate as these are pretty distinct, different answers, and each might already have a good detai...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Basic mutual fund investment questions ### Answer: @JoeTaxpayer gave a great response to your first question. Here are some thoughts on the other two... 2) Transaction fees for mutual funds are tied t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Basic mutual fund investment questions ### Answer: In summary, you are correct that the goal of investing is to maximize returns, while paying low management fees. Index investing has become very pop...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I wait to save up 20% downpayment on a 500k condo? ### Answer: I'm of the belief that you should always put 20% down. The lower interest rate will save you thousands over the life of the loan....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I wait to save up 20% downpayment on a 500k condo? ### Answer: As I've crunched numbers towards what my family could afford for a down payment (in an area with similar housing costs - don't you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I wait to save up 20% downpayment on a 500k condo? ### Answer: The simple answer is yes - put 20% (or more) down. In the past I have paid PMI and used a combination first and second mortgage to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I wait to save up 20% downpayment on a 500k condo? ### Answer: If you already have the money, put the 20% down but here is another option: You can put whatever you want down...Let's say 10%. Fo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a sell-side version of dollar-cost averaging? ### Answer: None of your options or strategies are ideal. Have you considered looking at the stock chart and making a decision? Is the price curr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I want to invest and save for my house downpayment at the same time ### Answer: Yes you should invest; and yes you should save for the house down payment. These should be two separate pools of money a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is short selling a good hedging strategy during overzealous market conditions? ### Answer: Short selling can be a good strategy to hedge, but you have almost unlimited downside. If a stock price skyr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is short selling a good hedging strategy during overzealous market conditions? ### Answer: The problem with short would be that even if the stock eventually falls, it might raise a lot in the meantime...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is short selling a good hedging strategy during overzealous market conditions? ### Answer: Point of order: "What goes up must come down" refers to gravity of terrestrial objects below escape velocity ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is short selling a good hedging strategy during overzealous market conditions? ### Answer: Below is just a little information on short selling from my small unique book "The small stock trader": Shor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is short selling a good hedging strategy during overzealous market conditions? ### Answer: I saw that an answer hasn't been accepted for this yet: Being bearish is a good hedging strategy. But being h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is short selling a good hedging strategy during overzealous market conditions? ### Answer: Right, wrong or indifferent I see account gains of nearly 50% so far this year; now being January 23, 2016. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I sell my ESPP in a different order than I acquired it, to avoid paying too much tax on profits? ### Answer: That's up to you. If you instruct your broker to sell shares purchased in specific lots...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: JCI headache part 2: How to calculate cost basis / tax consequences of JCI -> ADNT spinoff? ### Answer: Your 1099-B report for ADNT on the fractional shares of cash should answer this question for you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: JCI headache part 2: How to calculate cost basis / tax consequences of JCI -> ADNT spinoff? ### Answer: I am using the same logic as the two answers above. I got almost the same result ($46.60 instead...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: JCI headache part 2: How to calculate cost basis / tax consequences of JCI -> ADNT spinoff? ### Answer: OK, I found this filing by JCI on the SEC website: U.S. Federal Income Tax Consequences of the D...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's a good option for passive income for a college student? ### Answer: As mentioned in the other answer, you can't invest all of your money in one slightly risky place, and to receive a significan...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's a good option for passive income for a college student? ### Answer: There's no such thing as true "passive income." You are being paid the risk free rate to delay consumption (i.e., the super l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Aggressive Mortgage Repayment ### Answer: It is great that you came up with a plan to own a rental home, free and clear, and also move up in home. It is also really good of you to recognize that curt...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What could be the best tax saving option before a month of financial year end ### Answer: I was thinking to do mix of ELSS and Tax Saving FDs. But is my choice correct? Also what other options I am le...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculating profits for a private fund ### Answer: Thanks for the answer/comments! The time-based method was something we mooted and something I almost went with. But just to wrap this up, the method ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculating profits for a private fund ### Answer: The total number of shares on April 1st is 100 + 180 + 275 = 555. The price on April 1st is required. The current price is stated as $2, but $2 * 5...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculating profits for a private fund ### Answer: One way I heard of, from a friend who ran a similar fund as yours, is to calculate $days of investment and divide the investment as accordingly. For...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: One of my stocks dropped 40% in 2 days, how should I mentally approach this? ### Answer: You bought the stock at some point in the past. You must have had a reason for this purchase. Has the recent ch...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: One of my stocks dropped 40% in 2 days, how should I mentally approach this? ### Answer: First: do you understand why it dropped? Was it overvalued before, or is this an overreaction to some piece of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: One of my stocks dropped 40% in 2 days, how should I mentally approach this? ### Answer: From some of your previous questions it seems like you trade quite often, so I am assuming you are not a "Buy a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: One of my stocks dropped 40% in 2 days, how should I mentally approach this? ### Answer: You shouldn't be picking stocks in the first place. From New York Magazine, tweeted by Ezra Klein: New evidence...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: One of my stocks dropped 40% in 2 days, how should I mentally approach this? ### Answer: Have the reasons you originally purchased the stock changed? Is the company still sound? Does the company have ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: One of my stocks dropped 40% in 2 days, how should I mentally approach this? ### Answer: Hopefully, before you invested in this stock, you evaluated the company. You looked at the financial informati...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: One of my stocks dropped 40% in 2 days, how should I mentally approach this? ### Answer: There are 2 approaches. One of them is already mentioned by @Afforess. If the approach by @Afforess is not feas...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: One of my stocks dropped 40% in 2 days, how should I mentally approach this? ### Answer: Like @chirs, I'm of the opinion that you might want to buy more. I've done this a couple of times, price droppe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: One of my stocks dropped 40% in 2 days, how should I mentally approach this? ### Answer: I haven't seen anyone mention tax considerations and that's why I'm answering this. The rest of my answer is pr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: One of my stocks dropped 40% in 2 days, how should I mentally approach this? ### Answer: The mental approach should be that you always knew the risk of gambling and it was extra money that you had (or...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: One of my stocks dropped 40% in 2 days, how should I mentally approach this? ### Answer: Don't throw good money after bad. If you bought on the peak of an event like news/earnings hoping for more and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: One of my stocks dropped 40% in 2 days, how should I mentally approach this? ### Answer: If you own the stock today, it doesn't matter what it traded for yesterday. If XYZ is trading for $40 and you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: One of my stocks dropped 40% in 2 days, how should I mentally approach this? ### Answer: Did you read Soichiro Honda's biography? He is the founder of Honda Motor. His plant was destroyed by an earthq...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dividends - Why the push to reinvest? ### Answer: A dividend is a cash disbursement from the company. The value of the company goes down the same amount of the dividend, so it is analogous to having ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dividends - Why the push to reinvest? ### Answer: Good question, here are some possible answers: Its a Good Idea There is probably some validity to the statictics and having money invested, generally ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dividends - Why the push to reinvest? ### Answer: There is a basis for that if you consider the power of compounding. So, the sooner you re-invest the dividends the sooner the time will give you resul...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dividends - Why the push to reinvest? ### Answer: Three major advantages that I can think of (and some of these have been pointed out in comments): ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dividends - Why the push to reinvest? ### Answer: There can be a good reason if you own shares issued in a different country: For example, if you are in the UK and own US shares and take the dividend ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Estimated Tax on Unplanned Capital Gains ### Answer: I'm assuming your talking USA. There are two ways to look. If you know you should pay on the cap gains, the best way to handle that separately from...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Estimated Tax on Unplanned Capital Gains ### Answer: In general, you are expected to pay all the money you owe in taxes by the end of the tax year, or you may have to pay a penalty. But you don't have...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Starting an investment portfolio ### Answer: Is this amount an adequate starting amount to begin investing with? Yes. You can open an account at a brokerage with this amount. I'm not sure I would inve...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options revisited: Gold fever ### Answer: Your plan already answers your own question in the best possible way: If you want to be able to make the most possible profit from a large downward move in a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options revisited: Gold fever ### Answer: You'll still lose a little bit if you buy a put option at the current price. No such thing as free hedging. Let's say you have 100 shares of IAU that you bou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options revisited: Gold fever ### Answer: gold is incredibly volatile, I tried spreadbetting on it. During the month of its highest gain, month beginning to month end, I was betting it would go up - ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options revisited: Gold fever ### Answer: Make a portfolio with gold and put options for gold. If the price rises again, sell a part of your gold and use it to buy new put options. If the price goes d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Methods for forecasting price? ### Answer: Assuming a price is set on an free market there are particular difficulties to pricing. A free market is one where the price is entirely determined by the wi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Methods for forecasting price? ### Answer: well there are many papers on power spot price prediction, for example. It depends on what level of methodology you would like to use. Linear regression is o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Methods for forecasting price? ### Answer: It's not impossible to forecast the future price of a commodity. However, it's exactly that; an educated guess, much like the weather, and the further out th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Withholding for unexpected Short-Term Capital Gains and Penalties ### Answer: The safe harbor provision is based on the tax you or the prior year. So in 2016 this helped you as your tax was substantia...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Withholding for unexpected Short-Term Capital Gains and Penalties ### Answer: My understanding (I've never filed one myself) is that the 1040ES is intended to allow you to file quarterly and report un...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Withholding for unexpected Short-Term Capital Gains and Penalties ### Answer: Assuming U.S. law, there are "safe harbor" provisions for exactly this kind of situation. There are several possibilities,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do stocks split? ### Answer: Stock splits are typically done to increase the liquidity of stock merely by converting every stock of the company into multiple stocks of lower face value. For exampl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a financial advisor choose debt funds and equity funds for us? ### Answer: There are raters of stock and bond funds of which Morningstar's is the best. Standard and Poor's and Value line offe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a financial advisor choose debt funds and equity funds for us? ### Answer: A financial advisor is a service professional. It is his/her job to do things for you that you could do for yoursel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are stocks suitable for mid term money storage? ### Answer: You have several options depending on your tolerance for risk. Certainly open an investment account with your bank or through any of the pop...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are stocks suitable for mid term money storage? ### Answer: The volatility of an index fund should usually be a lot lower than that of an individual stock. However even with a broad index fund you sho...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any Tips on How to Get the Highest Returns Within 4 Months by Investing in Stocks? ### Answer: What you're asking for is a short-term, large return investment. When looking for big returns in a short...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any Tips on How to Get the Highest Returns Within 4 Months by Investing in Stocks? ### Answer: Try using technical analysis, look at the charts and look for stocks that are uptrending. The dfinition ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any Tips on How to Get the Highest Returns Within 4 Months by Investing in Stocks? ### Answer: Invest in an etf called SPXS and hope for a market correction in the next month. Or if you know a lot ab...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there index tracking funds that avoid the “buy high - sell low” problem? ### Answer: In a cap-weighted fund, the fund itself isn't buying or selling at all (except to support redemptions or purcha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there index tracking funds that avoid the “buy high - sell low” problem? ### Answer: There are some index funds out there like this - generally they are called "equal weight" funds. For example, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Direct Registration System vs Brokerage Firm ### Answer: You'll need to talk to your broker about registering positions you already hold. I would personally expect this will cost you a not-insignific...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How are option contracts enforced? ### Answer: By their agreements with the central counterparty - in the US, the exchange or the Options Clearing Corporation, which interposes itself between the coun...