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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to execute a large stock purchase, relative to the order book? ### Answer: What is the average daily volume traded? It looks like this stock may have a liquidity problem. If that is the case I wou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to execute a large stock purchase, relative to the order book? ### Answer: I am able to place an 'all or none' order with my broker. But doing so reduces the number of potential sources to fulfill...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to execute a large stock purchase, relative to the order book? ### Answer: I normally just do a buy limit at the price I want to buy it at. Then it executes when it's that price or lower, but ther...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does Warren Buffett say his fund performance, relatively, is likely to be better in a bear market than in a bull market? ### Answer: Buffett is a value investor. His goal is to buy good companies ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does Warren Buffett say his fund performance, relatively, is likely to be better in a bear market than in a bull market? ### Answer: From the letter you link: Our performance, relatively, is likel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does Warren Buffett say his fund performance, relatively, is likely to be better in a bear market than in a bull market? ### Answer: Warren Buffet and Berkshire Hathaway took a 50% loss in each of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does Warren Buffett say his fund performance, relatively, is likely to be better in a bear market than in a bull market? ### Answer: If I have $100 and put it under the bed it will return 0%. Rel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does Warren Buffett say his fund performance, relatively, is likely to be better in a bear market than in a bull market? ### Answer: To understand his comments about bear-market performance it's i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What drives the stock of bankrupt companies? ### Answer: What drives the stock of bankrupt companies? The company's potential residual assets. When a company goes bankrupt it is required to sell its a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What drives the stock of bankrupt companies? ### Answer: With debts exceeding assets by a billion dollars, this activity likely comes from penny stock speculators and "pump and dump" schemers. There i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What drives the stock of bankrupt companies? ### Answer: What drives the stock of bankrupt companies? Such stock is typically considered "distressed assets". Technically, what drives it is what drive...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can you sell stocks if you do not have any? ### Answer: Shorting is the term used when someone borrows a stock and sells it at the current price to then buy it back later at hopefully a lower pric...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't I short a particular stock? ### Answer: In order to short a stock, you have to borrow the number of shares that you're shorting from someone else who holds the shares, so that you can delive...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a mutual fund plummet on the same day it pays its annual distribution & capital gains? [duplicate] ### Answer: The price of a share of a mutual fund is its Net Asset Value (nav). Before the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to do with a 50K inheritance [duplicate] ### Answer: The basic optimization rule on distributing windfalls toward debt is to pay off the highest interest rate debt first putting any extra money i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to do with a 50K inheritance [duplicate] ### Answer: My grandma left a 50K inheritance You don't make clear where in the inheritance process you are. I actually know of one case where the execut...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to do with a 50K inheritance [duplicate] ### Answer: First, don't borrow any more money. You're probably bankrupt right now at that income level. 2k/month is poverty level income, especially in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to do with a 50K inheritance [duplicate] ### Answer: **I would encourage you to clear all your debts and remain debt free, then you can consult a financial manager-for investing purposes that fit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the principle of forming an arbitrage strategy? ### Answer: Arbitrage is basically taking advantage of a difference in price. Generally extending to "in different places for the same thing". ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the principle of forming an arbitrage strategy? ### Answer: Well, arbitrage is a simple mean reversion strategy which states that any two similar commodity with some price difference (usually ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: As co-founder, does Steve Jobs still own enough Apple shares to control Apple Inc.? ### Answer: Everyone that owns a share of stock in a company is part owner. Some just own more than others. Accordin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can warrants to buy stock contain conditions or stipulations other than price? ### Answer: All sorts of conditions, yes. Most commonly is a limitation on the exercise date. The two more common would ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to an ETF if one of the companies in the ETF gets aquired? ### Answer: There are a number of ways this can result. In a broad ETF, such as SPY, the S&P 500 spider, the S&P index will have...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How an ETF pays dividend to shareholders if a holding company issues dividend ### Answer: Join me for a look at the Quote for SPY. A yield of 1.82%. So over a year's time, your $100K investment will ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How an ETF pays dividend to shareholders if a holding company issues dividend ### Answer: The amount, reliability and frequency of dividends paid by an ETF other than a stock, such as an index or mutu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How an ETF pays dividend to shareholders if a holding company issues dividend ### Answer: Dividends are not paid immediately upon reception from the companies owned by an ETF. In the case of SPY, they...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How meaningful is the “stock price” of a stock? ### Answer: Prices quoted are primarily the offer prices quoted by the numerous market makers on the stock exchange(s) willing to sell you the stock. Th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How meaningful is the “stock price” of a stock? ### Answer: The information on GOOG or other sites is the average price of the stock and is indicative of the price at with the stock would be available...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I exchange rental property for REIT stock with 1031? ### Answer: would buying the stock of a REIT qualify as a 'Like-Kind' exchange? Short answer, no. Long answer, a 1031 (Starker) exchange only a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Consequences of not closing an open short sell position? ### Answer: You would generally have to pay interest for everyday you hold the position overnight. If you never close the position and the sto...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Consequences of not closing an open short sell position? ### Answer: 2 things may happen. Either your positions are closed by the broker and the loss or profit is credited to your account. Else it is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Non Qualifying Stock Option offered by employer ### Answer: A little terminology: Grant: you get a "gift" with strings attached. "Grant" refers to the plan (legal contract) under which you get the sto...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Non Qualifying Stock Option offered by employer ### Answer: Let's work from the inside out. Options are not stock. Options are a contract that give you the right to own the stock. For options to have ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a defined contribution plan work ### Answer: The end result is basically the same, it's just a choice of whether you want to base the final amount you receive on your salary, or on the stock ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a defined contribution plan work ### Answer: It is comparing apples to oranges. From govt or institution point of view defined contribution is better than defined benefits as they don't have ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What makes a stock get 40 times avg daily volume without any news? ### Answer: Probably the biggest driver of the increased volumes that day was a change in sentiment towards the healthcare sector as ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to reconcile final payment on installment sale for IRS form 6252? ### Answer: Reading IRS Regulations section 15a.453-1(c) more closely, I see that this was a contingent payment sale with a stated...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does “profits to the shareholders jumped to 15 cents a share” mean? ### Answer: It means that the company earned 15 cents per share in the most recently reported quarter. Share price may or not b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does “profits to the shareholders jumped to 15 cents a share” mean? ### Answer: It's a way to help normalize the meaning of the earnings report. Some companies like Google have a small number of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does “profits to the shareholders jumped to 15 cents a share” mean? ### Answer: What does it mean in terms of share price? Should the share price increase by 15 cents? No, but you're on the righ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do requirements after a margin call vary? ### Answer: Initial Margins and Maintenance margins can be used for both stocks as well as futures. It depends on which broker you use and what services t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do requirements after a margin call vary? ### Answer: I believe the reasons: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When's the best time to sell the stock of a company that is being acquired/sold? ### Answer: This happened to me recently. What became the final offer was a cash buy-out of all of our shares rather t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When's the best time to sell the stock of a company that is being acquired/sold? ### Answer: What's your basis? If you have just made a 50% gain, maybe you should cash out a portion and hold the rest....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When's the best time to sell the stock of a company that is being acquired/sold? ### Answer: I'm not sure what you expect in terms of answers, but it depends on personal factors. It pretty well has to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When's the best time to sell the stock of a company that is being acquired/sold? ### Answer: This is but one opinion. Seek others before your act. "When someone puts a million dollars in your hand, c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When's the best time to sell the stock of a company that is being acquired/sold? ### Answer: I believe firmly that a bird in the hand is worth two in the bush. Cash your gains out and be happy with...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When's the best time to sell the stock of a company that is being acquired/sold? ### Answer: Here is one "other consideration": don't, don't, don't sell based on insider information. Insider trading c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stock exchanges using open outcry ### Answer: As Chris pointed out in his comment, smaller stock exchanges may use open outcry. There are several exchanges that use open outcry/floor trading in the US...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you find out who the investors are in a U.S. stock? e.g. how ownership may be concentrated? ### Answer: I don't think that you will be able to find a list of every owner for a given stock. Ther...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you find out who the investors are in a U.S. stock? e.g. how ownership may be concentrated? ### Answer: Companies absolutely know who ALL their shareholders are. Ownership is filed on Form 3/4 ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who receives the money when one company buys another? ### Answer: Shareholders of Monsanto will get the money from Bayer. Shareholders are independent people or entities. Think of Monsanto as a thin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who receives the money when one company buys another? ### Answer: Monsanto is a publicly traded company that trades under the ticker MON. The stock is owned by a wide range of owner around the world. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who receives the money when one company buys another? ### Answer: It's tempting to think of a corporation as a real thing, because in many respects it seems to be. But it isn't a corporeal thing (desp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stock sale cost basis calculations for 2013, now that rules changed, is FIFO or another method the smartest financially? ### Answer: Once again I offer some sage advice - "Don't let the tax tail wag t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stock sale cost basis calculations for 2013, now that rules changed, is FIFO or another method the smartest financially? ### Answer: You have to calculate the total value of all shares and then ask yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate how far a stock price can drop before a broker would issue a margin call? ### Answer: With your numbers, look at it this way - You borrowed $50. When the stock is $100, you are at 50%...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Minor stakes bought at a premium & valuation for target company ### Answer: Imagine that I own 10% of a company, and yesterday my portion was valued at $1 Million, therefore the company is valued at $...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Minor stakes bought at a premium & valuation for target company ### Answer: In some cases, when a company purchases a minor stake, they often intend to increase the size of the stake over time. As a r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do you pay taxes on stock gains that are just returning to their original purchase price? ### Answer: You don't generally pay capital gains taxes until you sell the stock. If you bought it in 2013 and...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do you pay taxes on stock gains that are just returning to their original purchase price? ### Answer: The tax is only payable on the gain you make i.e the difference between the price you paid and th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: how do I calculate rate of return on call options that are spread ### Answer: Outside of software that can calculate the returns: You could calculate your possible returns on that leap spread as you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: how do I calculate rate of return on call options that are spread ### Answer: You don't necessarily have to use a LEAP to do a spread. Since you are doing a covered call, I'm assuming that you would b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is stock trading based more on luck than poker playing? ### Answer: I'd say that it cannot be meaningfully calculated or measured because the two are just too different in every way. Poker Stock trad...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is stock trading based more on luck than poker playing? ### Answer: This depends strongly on what you mean by "stock trading". It isn't a single game, but a huge number of games grouped under a sing...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is stock trading based more on luck than poker playing? ### Answer: I assert not so. Even if we assume a zero sum game (which is highly in doubt); the general stock market curves indicate the average...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the opposite of a sunk cost? A “sunk gain”? ### Answer: It is called "Opportunity Cost." Opportunity cost is the value you lose because of a decision you made. This is the book definition ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the opposite of a sunk cost? A “sunk gain”? ### Answer: The opposite of a cost is an investment. Buying a car is an expense, usually a sunk cost, whereas purchasing real-estate, e.g. productiv...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the opposite of a sunk cost? A “sunk gain”? ### Answer: In the second example you are giving up future free cash flows in exchange for a capital gain on the original investment. With that res...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the opposite of a sunk cost? A “sunk gain”? ### Answer: The complete opposite of "sunk cost" is the term "unrealized gain"; until you sell it, then it is a "realized gain". There is also a ter...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the opposite of a sunk cost? A “sunk gain”? ### Answer: A "sunk cost" is a cost that you have already incurred, and won't get back. The "sunk cost fallacy," as you described, is when you make ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the opposite of a sunk cost? A “sunk gain”? ### Answer: liquid asset A sunk cost may turn out to be a loss or it may make you a profit, but what makes it "sunk" is: you can't get it back. The...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Accepted indicators for stock market valuation ### Answer: There are several camps for stock valuation, and much of it boils down to your investment style. A growth investor will not consider someth...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If you own 1% of a company's stock, are you entitled to 1% of its assets? ### Answer: No. You're entitled to 1% of votes at the shareholders' meeting (unless there's class division between shareholder...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If you own 1% of a company's stock, are you entitled to 1% of its assets? ### Answer: No. If the share price drops to $0, it's likely that the company is in bankruptcy. Usually, debt holders (especia...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If you own 1% of a company's stock, are you entitled to 1% of its assets? ### Answer: If you own 1% of a company, you are technically entitled to 1% of the current value and future profits of that com...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there strategy to qualify stock options with near expiry date for long term capital gain tax? ### Answer: There some specific circumstances when you would have a long-term gain. Option 1: If you m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there strategy to qualify stock options with near expiry date for long term capital gain tax? ### Answer: According to page 56 of the 2015 IRS Publication 550 on Investment Income and Expenses: Was...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the person lending shares to the short selller protect themselves if the short sellers are correct? ### Answer: Lending of shares happens in the background. Those who have lent them out are n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the person lending shares to the short selller protect themselves if the short sellers are correct? ### Answer: It is true, as farnsy noted, that you generally do not know when stock that you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where to invest proceeds from home sale to be used to buy new house within five years? ### Answer: For a two year time frame, a good insured savings account or a low-cost short-term government bond fu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I handle fund minimums as a beginning investor? ### Answer: Buy the minimum of one fund now. (Eg total bond market) Buy the minimum of the next fund next time you have $2500. (Eg large-cap stoc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I handle fund minimums as a beginning investor? ### Answer: I like Keshlam's answer and would like to add a few notes: While your enthusiasm to invest is admirable learning patience is a key as...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I handle fund minimums as a beginning investor? ### Answer: If you are comfortable picking individual stocks and can get into Robinhood you only need $1000 to get started. This means buying one...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to buy commodity ETFs (e.g. silver) through Questrade? ### Answer: Questrade is a Canada based broker offering US stock exchange transactions as well. It says this right on their homepa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How To Interpret Share Prices? ### Answer: The missing information is at the end of the first line: the price is from NASDAQ (most specifically Nasdaq Global Select), which is a stock exchange in the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros/Cons of Buying Discounted Company Stock ### Answer: Is this an employee stock purchase plan (ESPP)? If so, and there is no required holding period, selling right away is essentially a guaranteed ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros/Cons of Buying Discounted Company Stock ### Answer: The major pros tend to be: The major cons tend to be: Being in California, you've got state income tax to worry about as well. It might be wor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros/Cons of Buying Discounted Company Stock ### Answer: Some other answers mention the ability to sell at grant. This is very important. If you have that ability, think about your guaranteed return. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros/Cons of Buying Discounted Company Stock ### Answer: Assuming US. The only con that I know of is that hassle factor. You have to remember to sell when you get the new shares, and your taxes become...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros/Cons of Buying Discounted Company Stock ### Answer: One major benefit to being able to buy discounted company stock is that you can sell in-the-money covered calls and potentially make more than ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros/Cons of Buying Discounted Company Stock ### Answer: I see another way of looking at this that hasn't been addressed yet. By offering the discount, the company is attempting to change your behavio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I am Brasilian resident, how to buy shares on NYSE? ### Answer: I am not sure what a Brazilian equivalent is but you could just do an ADR. Keep in mind that when you are investing in a foreign compan...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I am Brasilian resident, how to buy shares on NYSE? ### Answer: There are some brokers in the US who would be happy to open an account for non-US residents, allowing you to trade stocks at NYSE and ot...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I am Brasilian resident, how to buy shares on NYSE? ### Answer: There are ETFs listed on the Brazilian stock market. Specifically there is one for S&P500 - SPXI11, which might fulfill your requirement...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Official site to follow Warren Buffet's Berkshire Hathaway change in investment holdings? ### Answer: Are you looking for this Warren Buffets Stock Portfolio? Or Berkshire Hathaway Portfolio WFC is ne...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Official site to follow Warren Buffet's Berkshire Hathaway change in investment holdings? ### Answer: The official source is the most recent Form 13F that Berkshire Hathaway, which is filed with the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which close price (adjusted close or close price) shall be used when calculating a stock's daily percent change? ### Answer: The adjusted close price takes into account stock splits (and possibly divi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't companies underestimate their earnings to make quarterly reports look better? ### Answer: Stating poor estimates in advance will lower your share price to compensate for thge extras boost it...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't companies underestimate their earnings to make quarterly reports look better? ### Answer: You need to distinguish a company's guidance from analysts' estimates. A company will give a revenue...