Datasets:
circircircle
/
FinQA

Dataset card Data Studio Files
xet
 Community
text
stringlengths
146
45.7k
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does girlfriend have too much savings, time to invest? ### Answer: Congrats to your GF! "How much" depends a lot on how stable her income tends to be. If she has stable salary @ $20K plus $5K-$15K in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does girlfriend have too much savings, time to invest? ### Answer: It's time she look into what employer provided retirement plan she can use. She's at the point where she should think about investing...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does girlfriend have too much savings, time to invest? ### Answer: There are ETF funds that only purchase preferred stock from banks. I have one that pays a monthly dividend of a little under 6% per y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying and selling the same stock ### Answer: Elaborating on kelsham's answer: You buy 100 shares XYZ at $1, for a total cost of $100 plus commissions. You sell 100 shares XYZ at $2, for a total incom...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying and selling the same stock ### Answer: Unfortunately, we don't know your country, but I'd guess "Not US" with the hint being your use of the word bugger in a comment. Realized profits are taxe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying and selling the same stock ### Answer: Sorry, no, any time you sell for a profit you owe tax. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying and selling the same stock ### Answer: If you buy for $1 and sell $1 when the price goes to $2, you would have sold only half of your initial investment. So your investment would now be worth $...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying and selling the same stock ### Answer: I think what you're asking is, Can I buy 1000 shares of the stock at $1. For $1000. it goes up to $2, then sell 500 shares of the stock with proceeds ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying and selling the same stock ### Answer: No, you can not cheat the IRS. This question is also based on the assumption that the stock will return to $1 which isn't always a safe assumption and tha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Class of shares specifically for retirement accounts with contribution limits ### Answer: The fair price of a stock is the present value of its future payments. That means the stock you have describe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I use same stock broker to buy stocks from different stock markets? ### Answer: In the US there is only one stock market (ignoring penny stocks) and handfuls of different exchanges behind it. NYS...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I use same stock broker to buy stocks from different stock markets? ### Answer: Most stock brokers are "full service" brokers. That is to say that you can so the same broker to buy different types...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does a stock price drop as soon an I purchase several thousand shares at market price? ### Answer: Any time a large order it placed for Buy, the sell side starts increasing as the demand of Buy ha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does a stock price drop as soon an I purchase several thousand shares at market price? ### Answer: You say: Every time it seems the share price dips. Does it? Have you collected the data? It ma...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does a stock price drop as soon an I purchase several thousand shares at market price? ### Answer: Unless you are buying millions of dollars worth of a stock at a time, your transaction is a drop ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does a stock price drop as soon an I purchase several thousand shares at market price? ### Answer: You might consider learning how the "matching" or "pairing" system in the market operates. The a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it best to exercise options shares when they vest, or wait ### Answer: The general rule with stock options is that it's best to wait until expiration to exercise them. The rationale depends on a f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it best to exercise options shares when they vest, or wait ### Answer: To me it depends on things like your net worth, debt, and how other assets are invested. Currently you have 25K invested in ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any flaw in this investment scheme? ### Answer: You didn't win in case B. Borrowing shares and then selling them is known as "selling short". You received $2000 when you sold short 100 share...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any flaw in this investment scheme? ### Answer: The process of borrowing shares and selling them is called shorting a stock, or "going short." When you use money to buy shares, it is called ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are some long term investors so concerned about their entry price? ### Answer: It has got to do with the irrationality of humans. The so called long term investor is in it for the long term, they...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are some long term investors so concerned about their entry price? ### Answer: This is not hypothetical, this is an accurate story. I am a long-term investor. I have a bunch of money that I'd like...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are some long term investors so concerned about their entry price? ### Answer: Because buying at discount provides a considerable safety of margin -- it increases the likelihood of profiting. The ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are some long term investors so concerned about their entry price? ### Answer: I'm not sure who specifically you are talking about. Those are some pretty broad generalizations. Where do you draw t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are some long term investors so concerned about their entry price? ### Answer: If you think of it in terms of trying to get an annual return on your investment over the long haul, you can do a sim...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When looking at a mutual fund, how can you tell if it is a traditional fund or an ETF? ### Answer: An Exchange-Traded Fund (ETF) is a special type of mutual fund that is traded on the stock exchange l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How exactly is implied volatility assigned to an option's strike price? ### Answer: As I understand it, Implied Volatility represents the expected gyrations of an options contract over it's lifetime. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do the returns generated via Equity/Debt investment differ from the returns from a Mutual Fund based on Equity/Debt? ### Answer: Just sticking to equities: If you are investing directly in a share...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options price vs implied volatility - who drives who? ### Answer: Currently, when "implied volatility" is spoken, the Black-Scholes-Merton model is implied. This model has been shown to be deficient,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Wells Fargo Brokerage has no shares of stock to short ### Answer: This is the bird's eye view of how shorting works: When you place an order to sell a stock short, your broker attempts to grab the des...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Vanguard Mutual Funds — Diversification vs Share Class ### Answer: If I were in your shoes I'd probably take the Vanguard Total Market fund with Admiral shares, then worry about further diversificatio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Vanguard Mutual Funds — Diversification vs Share Class ### Answer: There's really no right or wrong answer here because you'll be fine either way. If you've investing amounts in the low 5 figures you'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Vanguard Mutual Funds — Diversification vs Share Class ### Answer: In general, I'd try to keep things as simple as possible. If your plan is to have a three-fund portfolio (like Total Market, Total In...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can it be a bad idea to buy stocks after hours? ### Answer: There are several reasons it is not recommended to trade stocks pre- or post-market, meaning outside of RTH (regular trading hours). Sin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can it be a bad idea to buy stocks after hours? ### Answer: During market hours, there are a lot of dealers offering to buy and sell all exchange traded stocks. Dealers don't actually care about t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can it be a bad idea to buy stocks after hours? ### Answer: Unless you want to be a short term day trader, then it is not foolish to be an end of day trader. If you are looking to be a medium to l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can it be a bad idea to buy stocks after hours? ### Answer: The sentiment is because between closing and opening a lot can happen, and between opening and the time your order actually goes through...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I buy European-style options? ### Answer: On the US markets, most index options are European style. Most stock and ETF options are, as you noted, American style. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing for Dummys ### Answer: You can't get started investing. There are preliminary steps that must be taken prior to beginning to invest: Only once these things are complete can you think about ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing for Dummys ### Answer: Books are a great place to start, Jason Kelly's The Neatest Little Guide to Stock Market Investing will give you a broad foundation of the stock & bond market. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing for Dummys ### Answer: Have a look at my answer to a similar question (asked by a 22 yo) ... Basically ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: P/E (or similar) for index funds? ### Answer: ycharts.com has "Weighted Average PE Ratio" and a bunch of other metrics that are meant to correspond to well known stock metrics. Other websites will ha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: P/E (or similar) for index funds? ### Answer: The S&P 500 is a market index. The P/E data you're finding for the S&P 500 is data based on the constituent list of that market index and isn't necessari...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Data source for historical intra-day bid/ask price data for stocks? ### Answer: FreeStockCharts.com keeps some intra-day trading history. You have to create an account to look up individual stocks. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Data source for historical intra-day bid/ask price data for stocks? ### Answer: Interactive Brokers provides historical intraday data including Bid, Ask, Last Trade and Volume for the majority of sto...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Data source for historical intra-day bid/ask price data for stocks? ### Answer: Check the answers to this Stackoverflow question https://stackoverflow.com/questions/754593/source-of-historical-stock-...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Data source for historical intra-day bid/ask price data for stocks? ### Answer: This amazing site will answer all your data questions. You will need some patience and willingness to spend to get the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is CLM a stock or an ETF? ### Answer: CLM is a Closed End Fund. It is a collection of other securities that trades as if it were stock issued by a single company. NASDAQ cares about how it trades, so ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is CLM a stock or an ETF? ### Answer: Ask your trading site for their definition of "ETF". The term itself is overloaded/ambiguous. Consider: If "ETF" is interpreted liberally, then any fund that trad...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is CLM a stock or an ETF? ### Answer: I find the reg, at last. https://www.sec.gov/cgi-bin/browse-edgar?company=Cornerstone+Strategic+Value+Fund&owner=exclude&action=getcompany Yes, its a common stock...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is CLM a stock or an ETF? ### Answer: Cornerstone Strategic Value Fund, Inc. is a diversified, closed-end management investment company. It was incorporated in Maryland on May 1, 1987 and commenced in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to do with small dividends in brokerage account? ### Answer: Assuming you have no new cash to add to your account as gyurisc has suggested, I wouldn't sweat the small amounts – it doesn't hurt to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to do with small dividends in brokerage account? ### Answer: Don't sit on it, because the money does not work for you. Add more money to it and buy a stock or stocks of the company. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to do with small dividends in brokerage account? ### Answer: Some brokerages will allow you to enroll your account in a dividend reinvestment plan -- TD Ameritrade and I think Schwab for example....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do the nasdaq small cap stocks or penny stocks get promoted? ### Answer: The penny/pink sheet stocks you tend to see promoted are the ones a) with small public floats or, b) they are thinly traded. T...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do the nasdaq small cap stocks or penny stocks get promoted? ### Answer: Promotion of any stock should be treated with extreme suspicion, since the purpose is generally to make money for the promoter,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can you find historical PEs of US indices? ### Answer: Internet sites Books Academic ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can IV give an indication of the markets opinion about a stock when there's no such thing as IV for a stock? ### Answer: Since near-term at-the-money (ATM) options are generally the most liquid, t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How are long-term/short-term capital gains tax calculated on restricted stock? ### Answer: Fidelity has a good explanation of Restricted Stock Awards: For grants that pay in actual shares, the employe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How are long-term/short-term capital gains tax calculated on restricted stock? ### Answer: Is the Grant Date or the Vest Date used when determining the 12-month cutoff for long-term and short-term cap...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much money do I need to have saved up for retirement? ### Answer: I wrote a spreadsheet (<< it may not be obvious - this is a link to pull down the spreadsheet) a while back that might help you. Y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much money do I need to have saved up for retirement? ### Answer: One common rule of thumb: you can probably get 4% or better returns on your investments ('"typical market rate of return is 8%, de...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much money do I need to have saved up for retirement? ### Answer: One opinion related to savings is to save 30% of your take home salary every month, split the amount into two parts depending on y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much money do I need to have saved up for retirement? ### Answer: Invest in kids, not pension - they never inflate. Without kids your retirement will be miserable anyway. And with them you'll be g...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Research for Info ### Answer: quid's link should give you a definitive answer, but just to set expectations, here's an article from the UPI: Essex Chemical Corp. has agreed to be acquired by Dow Chemi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a Covered Call be called away before the expiration date? ### Answer: Yes. If I own a call, an American call option can be exercised at my wish. A European call can only be exercised at expiration...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a Covered Call be called away before the expiration date? ### Answer: They can sell a lower price call if they expect the stock to plummet in the near term but they are bullish on the longer term....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is early exercise generally not recommended for an in-the-money option? ### Answer: Investopedia states: While early exercise is generally not advisable, because the time value inherent in the o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is early exercise generally not recommended for an in-the-money option? ### Answer: The crucial insight is that the alternative to early exercise of an American call is not necessarily to hold it ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is early exercise generally not recommended for an in-the-money option? ### Answer: For a deep in the money, it almost makes no difference because the intrinsic value, the price of the option, is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options on the E-mini S&P 500 Futures at the CME: when were EW3, the weekly Monday options and the weekly Wednesday options introduced? ### Answer: Why do you care? In any case, you can easily Google ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options on the E-mini S&P 500 Futures at the CME: when were EW3, the weekly Monday options and the weekly Wednesday options introduced? ### Answer: The traditional E-mini S&P500 options (introduced on...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How would one follow the “smart money” when people use that term? ### Answer: Smart money (Merriam-Webster, Wiktionary) is simply a term that refers to the money that successful investors invest. It ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How would one follow the “smart money” when people use that term? ### Answer: To supplement Ben's answer: Following 'smart money' utilizes information available in a transparent marketplace to track t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to a call option in a cash/stock acquisition? ### Answer: I believe that your option contracts will become "non-standard" and will be for a combination of ACE stock and cash. The allocat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Selecting between investment vehicles for income ### Answer: You have a comparatively small sum to invest, and since you're presumably expecting to go to college.university soon, where you may well ne...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Selecting between investment vehicles for income ### Answer: It sounds like you are interested in investing in the stock market but you don't want to take too much risk. Investing in an Index EFT will...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What kind of symbol can be shorted? ### Answer: Any publicly traded financial instrument can be sold short, in theory. There are, however, many regulations associated with short sales of US equities ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What kind of symbol can be shorted? ### Answer: Some platforms/brokers have HTB indication for a stock symbol, meaning Hard To Borrow. That usually means you can't sell it short at the moment. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a stock opening price differ from the offering price? ### Answer: The offering price is the price at which that IPO is, well, offered. Think of it as a suggested retail price. The opening pr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a stock opening price differ from the offering price? ### Answer: The offering price is what the company will raise by selling the shares at that price. However, this isn't usually what the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a stock opening price differ from the offering price? ### Answer: The opening price is derived from new information received. It reflects the current state of the market. Opening Price Devia...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the process of “assignment” work for in-the-money Options? ### Answer: First, it depends on your broker. Full service firms will tear you a new one, discount brokers may charge ~nothing. Yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the process of “assignment” work for in-the-money Options? ### Answer: I often sell covered calls, and if they are in the money, let the stock go. I am charged the same fee as if I sold onlin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the process of “assignment” work for in-the-money Options? ### Answer: When the strike price ($25 in this case) is in-the-money, even by $0.01, your shares will be sold the day after expirati...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does selling rights issues work in practice? ### Answer: Do you simply get call options you can sell on an options exchange? No, you don't get call options that you can sell on an options exchange...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How will the net assets of a bankrupt company be divided among the common share holders ### Answer: All investors of equal standing get the same proportion of the net assets on bankruptcy but not all ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Long term drip (dividend reinvestment plan) stock ### Answer: If you sold the stock for a profit, you will owe tax on that profit. Whether it is taxed as short-term or long-term capital gains depends ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Long term drip (dividend reinvestment plan) stock ### Answer: There are ETFs and mutual funds that pay dividends. Mutual funds and ETFs are quite similar. Your advisor is correct regarding future fund...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay my Education Loan or Put it in the Stock Market? ### Answer: 2.47% is a really, really good rate, doubly so if it's a fixed rate, and quadruply so if the interest is tax-deductible. That'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay my Education Loan or Put it in the Stock Market? ### Answer: For the sake of sanity, pay off your debt maybe not all but some part of it. You never know what the monster, the stock market...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay my Education Loan or Put it in the Stock Market? ### Answer: I'd recommend hitting the loan the hardest, but getting something invested as well. It's tempting to see these decisions as bi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay my Education Loan or Put it in the Stock Market? ### Answer: I read your question that you have a comfortable amount toward retirement. If not, pad your retirement accounts if possible. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay my Education Loan or Put it in the Stock Market? ### Answer: The fact that you are planning to sell the property does not make paying down the mortgage a bad idea. Reducing the principal ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When to convert employee shares in an RRSP into cash, even if there is a penalty? ### Answer: The cost to you for selling is 3/8% of a years salary, this is what you won't get if you sell. Tough to ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy securities at another stock exchange ### Answer: In a simple statement, no doesn't matter. Checked on my trade portal, everything lines up. Same ISIN, same price(after factoring in FX conversions,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy securities at another stock exchange ### Answer: Different exchanges sometimes offer different order types, and of course have different trading fees. But once a trade is finished, it should not ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy securities at another stock exchange ### Answer: Also important to keep in mind is the difference in liquidity. The stock could be very liquid in 1 exchange but not in another. When times get bad,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy securities at another stock exchange ### Answer: Really arbitrage means that, currency risk aside, it shouldn't matter which exchange you buy on in price terms alone. Arbitrage will always make su...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy securities at another stock exchange ### Answer: Yes, it does matter very much. There's a thing called fungible instruments. These are the instruments where it doesn't matter. E.g. most options I ...