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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can paying down a mortgage be considered an “investment”? ### Answer: I think it is just semantics, but this example demonstrates what they mean by that: If you put $100 in a CD today, it will grow an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can paying down a mortgage be considered an “investment”? ### Answer: Paying down your mortgage saves lots of interest. With a long term mortgage you end up paying twice us much to the bank than the s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can paying down a mortgage be considered an “investment”? ### Answer: Your mortgage represents a negative cash flow of $X for N months. The typical mortgage prepayment doesn't reduce your next payment...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can paying down a mortgage be considered an “investment”? ### Answer: Let's start from the premise that the mortgage is something you will have anyway because you need it to live (as opposed to say ge...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can paying down a mortgage be considered an “investment”? ### Answer: From what I've read, paying down your mortgage -- above and beyond what you'd normally pay -- is indeed an investment but a very p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can paying down a mortgage be considered an “investment”? ### Answer: If by "investment" you mean something that pays you money that you can spend, then no. But if you view "investment" as something t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can paying down a mortgage be considered an “investment”? ### Answer: I think there are a few facets to this, namely: Overall, I wouldn't concentrate on paying off the house if I didn't have any other...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can paying down a mortgage be considered an “investment”? ### Answer: Something you invest in has the ability to grow in value. So examples of investments would be buying stocks, bonds, currencies, c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can paying down a mortgage be considered an “investment”? ### Answer: It very much comes down to question of semantics and your particular situation. Some people do not view a house (and most upgrades...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can paying down a mortgage be considered an “investment”? ### Answer: If your mortgage interest is tax-deductible, it's generally a bad idea to pay down the principal on the mortgage because you'd be ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Retirement & asset allocation of $30K for 30 year old single guy ### Answer: I would definitely recommend putting some of this in an IRA. You can't put all $30K in an IRA immediately though, as the co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Retirement & asset allocation of $30K for 30 year old single guy ### Answer: IMHO bonds are not a good investment at this present time, nor generally. Appreciate for a moment that the yield of an inve...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Retirement & asset allocation of $30K for 30 year old single guy ### Answer: If you want to invest in stocks, bonds and mutual funds I would suggest you take a portion of your inheritance and use it t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will ADR holder be taxed twice ### Answer: Surprisingly enough, this one isn't actually all that complicated. No, you will not be taxed twice. Dividends are paid by the company, which in this case is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If a company has already IPO'ed and sold its shares, what is the incentive to keep making money? ### Answer: A company doesn't offer up 100% of its shares to the market. There's a float amount of va...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If a company has already IPO'ed and sold its shares, what is the incentive to keep making money? ### Answer: Because people bought their shares under the premise that they would make more money and i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Started new job. Rollover previous employer 401k to new 401k, IRA or Roth IRA? ### Answer: You can't roll it over to a Roth IRA without tax penalties. The best thing to do is roll it to an IRA that ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Started new job. Rollover previous employer 401k to new 401k, IRA or Roth IRA? ### Answer: I agree with harmanjd – best to roll it over to an IRA. Not only does that afford you better control of your...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Started new job. Rollover previous employer 401k to new 401k, IRA or Roth IRA? ### Answer: You should never roll a 401(k) to a Roth IRA. If the intention is to do so, you are better off rolling to a t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Started new job. Rollover previous employer 401k to new 401k, IRA or Roth IRA? ### Answer: Rolling a 401(k) to an IRA should be your default best option. Rolling a 401(k) to another 401(k) is rarely t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much power does a CEO have over a public company? ### Answer: The shareholders elect the board of directors who in turn appoint a CEO. The CEO is responsible for the overall running of the company...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much power does a CEO have over a public company? ### Answer: If Steve Jobs [Tim Cook] were to decide to try to kill Apple, does he have the power to do so? Yes. But he would be held accountable. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much power does a CEO have over a public company? ### Answer: This is a very good question and is at the core of corporate governance. The CEO is a very powerful figure indeed. But always remembe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much power does a CEO have over a public company? ### Answer: Also keep note - some companies have a combined CEO/Chairman of the board role. While he/she would not be allowed to negotiate contrac...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: “No taxes to be paid with owning Berkshire” ### Answer: It depends on your investment profile but basically, dividends increase your taxable income. Anyone making an income will effectively get 'lower...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I am an American citizen but have never lived in the US. Do I need to fill a W8-BEN or a W-9? ### Answer: Yes, you do. You also need to file a tax return every year, and if you have more than $50k of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I am an American citizen but have never lived in the US. Do I need to fill a W8-BEN or a W-9? ### Answer: Your employer can require a W8-BEN or W-9 if you are a contractor, and in some special cases. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Common practice for start/end date of balance sheet ### Answer: One's paycheck typically has a YTD (year to date) number that will end on the latest check of the year. I am paid bi-weekly, and my firs...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Bonds vs equities: crash theory ### Answer: Cash would be the better alternative assuming both stocks take a major hit in ALL categories AND the Fed raise rates at the same time for some reason. Money...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Bonds vs equities: crash theory ### Answer: Diversify into leveraged short/bear ETFs and then you can quit your job and yell at your boss "F you I'm short your house!" edit: this is a quote from Greg ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Bonds vs equities: crash theory ### Answer: I would suggest looking into Relative Strength Asset Allocation. This type of investment strategy keeps you invested in the best performing asset classes. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: what's the difference between money raised in an ipo and its valuation? ### Answer: A company generally sells a portion of its ownership in an IPO, with existing investors retaining some ownership. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate cost basis for stock bought before a company spinoff? (USA) ### Answer: Your brokerage account statement should report the Questar cost basis adjusted for the spinoff (and would have ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Purchase same stock twice ### Answer: how does the trading company know which one I want to sell? It doesn't need to know. You just sell one. From taxation point of view depending on the country / tax...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Purchase same stock twice ### Answer: Investors purchase additional shares all the time. Every investor that adds money to their investments does this every paycheck or every month. Investors do this ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I screen for stocks that are near to their 52 weeks low ### Answer: There is a great 3rd party application out there that I use (I am a broker) along with my internal analysts and other 3rd pa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I screen for stocks that are near to their 52 weeks low ### Answer: Although is not online, I use a standalone version from http://jstock.sourceforge.net It got drag-n-drop boxes, to let me de...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I screen for stocks that are near to their 52 weeks low ### Answer: The screener at FinViz.com will let you screen for stocks at their 52-week low. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I screen for stocks that are near to their 52 weeks low ### Answer: You can use Google Finance Stock Screener for screening US stocks. Apparently it doesn't have the specific criterion (Last P...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Index fund that tracks gold and other commodities ### Answer: I don't know answers that would be specific to Canada but one of the main ETF funds that tracks gold prices is GLD (SPDR Gold Trust) anoth...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Index fund that tracks gold and other commodities ### Answer: Barclays offers an iPath ETN (not quite an ETF), DJP, which tracks the total return of the Dow Jones-AIG Commodity Index. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which U.S. online discount broker is the best value for money? ### Answer: I agree, Schwab representatives are easy to reach and very helpful. I also like Vanguard for their low mutual fund fees, so I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which U.S. online discount broker is the best value for money? ### Answer: I am very happy with Charles Schwab. I use both their investing tools and banking tool, but I don't do much investing beside...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which U.S. online discount broker is the best value for money? ### Answer: If you have at least $25,000, Wells Fargo is the place to be, as you get 100 free trades per account. I have three investment...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which U.S. online discount broker is the best value for money? ### Answer: I've never used them myself, but Scottrade might be something for you to look at. They do $7 internet trades, but also offer ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which U.S. online discount broker is the best value for money? ### Answer: For self-service type online customers, OptionsXpress gives me far better trading features(like technicals advanced condition...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shareholder in US based company ### Answer: Companies need to go public before you can buy their shares on a public stock exchange, but all companies have shares, even if there's only one share. And a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I find the historical stock price for a specific stock on a specific date? ### Answer: Go to a large reference library and ask to see the Wall Street Journal for October 13 1992. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I find the historical stock price for a specific stock on a specific date? ### Answer: I've had luck finding old stock information in the Google scanned newspaper archives. Unfortunately there...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I find the historical stock price for a specific stock on a specific date? ### Answer: A quick search showed me that UEP merged into Ameren on Dec 31, 1997, and Ameren still exists today. So ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Clarification on options jargon regarding spreads ### Answer: Yes. It seems to me you got it right. On my site, Stock Options Cafe, my last post was an illustration of a bullish call spread. In this ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the cheapest way to move money from the United States to Canada? [duplicate] ### Answer: If you aren't familiar with Norbert's Gambit, it's worth looking at. This is a mechanism using a Canadi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the cheapest way to move money from the United States to Canada? [duplicate] ### Answer: No fees: Write a check. Deposit it into the other bank. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I buy only 4 shares of a company? ### Answer: Yes you can. it's called Odd Lot ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I buy only 4 shares of a company? ### Answer: Simple answer: Yes A better question to ask might be "Should I invest all my savings to buy 4 shares of a single stock." My answer to that would be "...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I buy only 4 shares of a company? ### Answer: I'm not sure it is the best idea, but you can buy only 4 stocks generally. As you alluded to, you should take notice of the fees. Also note that man...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I buy only 4 shares of a company? ### Answer: Open an account with a US discount online broker, or with a European broker with access to the US market. I think ETRADE allow non-resident accounts,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I buy only 4 shares of a company? ### Answer: The least expensive way to buy such small amounts is through ING's Sharebuilder service. You can perform a real-time trade for $9, or you can add a on...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I buy only 4 shares of a company? ### Answer: Take a look at FolioFN - they let you buy small numbers of shares and fractional shares too. There is an annual fee on the order of US$100/year. You...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I buy only 4 shares of a company? ### Answer: One of my university professors suggested doing this systematically to get access to shareholder meetings where there is typically a nice dinner invol...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I buy only 4 shares of a company? ### Answer: I have done this last year. Just open an account with an online brocker and buy a couple of Apple shares (6 I think, for 190$ each or something like t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Selling mutual fund and buying equivalent ETF: Can I 1031 exchange? ### Answer: I don't believe you can do that. From the IRS: Finally, certain types of property are specifically excluded from Section...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Selling mutual fund and buying equivalent ETF: Can I 1031 exchange? ### Answer: You cannot do a 1031 exchange with stocks, bonds, mutual funds, or ETFs. There really isn't much difference between an ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: dividend cover ratio for stocks ### Answer: Sources such as Value Line, or S&P stock reports will show you dividend payout ratios (the American usage. These are the inverse of dividend cover ratios, w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: dividend cover ratio for stocks ### Answer: Profit after tax can have multiple interpretations, but a common one is the EPS (Earnings Per Share). This is frequently reported as a TTM number (Trailing...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is an “International Equity”? ### Answer: Assuming you're in the United States, then International Equity is an equity from a different country. These stocks or stock funds (which reside in a fo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is an “International Equity”? ### Answer: International means from all over the world. In the U.S. A Foreign Equity fund would be non-US stocks. There's an odd third choice I'm aware of, a fund ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is an “International Equity”? ### Answer: International equity are considered shares of companies, which are headquartered outside the United States, for instance Research in Motion (Canada), BMW...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are underlying assets supposed to be sold/bought immediately after being bought/sold in call/put option? ### Answer: In the first case, if you wish to own the stock, you just exercise the option, and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are underlying assets supposed to be sold/bought immediately after being bought/sold in call/put option? ### Answer: When you can exercie your option depends on your trading style. In the american opt...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are underlying assets supposed to be sold/bought immediately after being bought/sold in call/put option? ### Answer: No, if you are trading options to profit solely off the option and not own the unde...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to my position if I hold some stocks of a company that gets acquired? ### Answer: The stockholders of company A vote to approve or disapprove the buy out. That is the only control you hav...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is U.S estate tax applicable to joint brokerage account of non-US citizens if one party dies? ### Answer: If the brokerage account holds US assets, such as the stock of US companies, then it may be ta...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a stock holder profit from a reverse-stock split? ### Answer: If I held stock in these companies yesterday, would I have profited by these gains? No. For DZSI, your 5 shares at $1.10 would now b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a stock holder profit from a reverse-stock split? ### Answer: These are not real gains. Wherever you're looking this up, the prices are not adjusted for corporate actions. In a reverse stock spli...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a stock holder profit from a reverse-stock split? ### Answer: I just had a reverse split done 1 to 35. I went from 110,000 shares and a negative 13k to 3172 shares, and I still had a negative 13k...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a bond fund? ### Answer: As Michael Pryor answered, a bond fund is a mutual fund that invests in bonds. I'd also consider an ETF based on bonds to be a bond fund, but I'm not sure that all inv...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a bond fund? ### Answer: I used the term "bond fund" to mean a mutual fund which invests in bonds. Vanguard has a list. If you live in PA, OH, MA, FL, CA, NJ, or NY there are tax free funds y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a bond fund? ### Answer: A mutual fund that purchases bonds is a bond fund. Bond funds are considered to be less risk than a traditional stock mutual fund. The cost of this less risk is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: International (ex-US) ETFs with low exposure to financial sector? ### Answer: If you are looking for a European financials ETF to short, you could take a look at the iShares EURO STOXX Banks, which is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: International (ex-US) ETFs with low exposure to financial sector? ### Answer: Another European financial ETF that you could sell short is the iShares MSCI Europe Financials Sector Index Fund (EUFN). I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Explanation on Warren Buffett's famous quote ### Answer: In the short term the market is a popularity contest In the short run which in value investing time can extend even to many years, an equity is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Explanation on Warren Buffett's famous quote ### Answer: I think he was trying to say that in the long term the company's fundamental intrinsic value will drive the price of a company's stock, but in ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Difference between full and mini futures contract ### Answer: Both of these are futures contracts on the Ibovespa Brasil Sao Paulo Stock Exchange Index; the mini being exactly that, a mini version (or...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any sane way to invest in both funds and stocks with UK ISA? ### Answer: You could use a stock-only ISA and invest in Exchange Traded Funds (ETFs). ETFs are managed mutual funds that trade on open exc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any sane way to invest in both funds and stocks with UK ISA? ### Answer: A lot of ISA's allow both shares and funds as well as gilts, Hargreaves Lansdown comes to mind as does the Alliance Trust. So...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I short-sell a dividend-paying stock, do I have to pay the dividend? ### Answer: Yes, you would. You owe it to the person you borrowed the shares from. (source) ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I short-sell a dividend-paying stock, do I have to pay the dividend? ### Answer: You could hold a long position in some company XXXX and then short your own shares (assuming your broker will let yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I short-sell a dividend-paying stock, do I have to pay the dividend? ### Answer: The answer provide by @mbhunter is correct, however there are contexts, shorting in spot market and carrying the pos...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I short-sell a dividend-paying stock, do I have to pay the dividend? ### Answer: Well, if the short seller has to pay the dividend out of their pocket, what happens to the dividend the company paid...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is a “long put” called long if you have a higher net position if the price decreases? ### Answer: Long here does not mean you wish for the underlying stock to increase in value, in fact, as the ch...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is a “long put” called long if you have a higher net position if the price decreases? ### Answer: You need to interpret "security" appropriately in Wikipedia's definition. You should think of it ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I get a list of all Stocks that were acquired or went bankrupt ### Answer: Where can I download all stock symbols of all companies "currently listed" and "delisted" as of today? That's incre...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I calculate what percentage of my portfolio is large-, mid- or small- cap? ### Answer: All mutual funds disclose their investments, funds are large cap only or midcsp etc. So it depends on what...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I calculate what percentage of my portfolio is large-, mid- or small- cap? ### Answer: The portfolio manager at Value Research Online does this very nicely. It tracks the underlying holdings of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I invest in gold through Vanguard (Or another instrument that should perform well in financial crisis)? ### Answer: In 2008, 10 year treasuries were up 20.1%, to gold's 4.96%. Respectfully, if I w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I invest in gold through Vanguard (Or another instrument that should perform well in financial crisis)? ### Answer: I found a comparison of stock and bond returns. The relevant portion here is th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I invest in gold through Vanguard (Or another instrument that should perform well in financial crisis)? ### Answer: The difficulty with investing in mining and gold company stocks is that they are...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Married, 55, grown kids: Should I buy life insurance, or invest in stocks? The ultimate decision ### Answer: The following is from Wikipedia - Term life insurance (with very minor editing) Because ter...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Married, 55, grown kids: Should I buy life insurance, or invest in stocks? The ultimate decision ### Answer: Life insurance is not an investment -- by definition, since the companies need to take a pr...