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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can a U.S. citizen open a bank account in Europe? ### Answer: Tackling your last point, all banks in the EU should be covered to around €100,000. The exact figure varies slightly between countries...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can a U.S. citizen open a bank account in Europe? ### Answer: Be mindful of your reporting requirements. Besides checking the box on Schedule B of your 1040 that you have a foreign bank account, y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can a U.S. citizen open a bank account in Europe? ### Answer: If you don't want to hassle with opening an account (and don't mind going without insurance) there are currency ETF's that basically i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can a U.S. citizen open a bank account in Europe? ### Answer: Each country will have different rules. I can only speak about the Netherlands. There, there are two options as a resident to open an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have $12k in a Chase checking account, but want to start earning interest/saving/investing/etc to make more money. What should I do? ### Answer: These are the basics in order: Max your employer cont...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have $12k in a Chase checking account, but want to start earning interest/saving/investing/etc to make more money. What should I do? ### Answer: Lets make some assumptions. You are not close to reti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have $12k in a Chase checking account, but want to start earning interest/saving/investing/etc to make more money. What should I do? ### Answer: Aside from employer 401(k) matches (which may double ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have $12k in a Chase checking account, but want to start earning interest/saving/investing/etc to make more money. What should I do? ### Answer: First thing's first: migrate your savings to an inter...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have $12k in a Chase checking account, but want to start earning interest/saving/investing/etc to make more money. What should I do? ### Answer: Alright so you have $12,000 and you want to know what...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have $12k in a Chase checking account, but want to start earning interest/saving/investing/etc to make more money. What should I do? ### Answer: I had some extra money, so I opened American express ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: It's possible to short a stock without paying interest? ### Answer: As others have said: unless you can find someone willing to make a zero-interest loan, the answer is no. If you can figure out how ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: It's possible to short a stock without paying interest? ### Answer: It is possible and it depends on your strategy. As short selling interest rates are annual and levied monthly at a prorated rate. In...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Selling To Close ### Answer: Yes, if there is liquidity you can sell your option to someone else as a profit. This is what the majority of option trading volume is used for: speculative trading with l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Selling To Close ### Answer: Absolutely. There is no requirement that an option be in-the-money for you to close out a position. Remember that there are alwayes two sides to a trade - a buyer and a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Selling To Close ### Answer: At the higher level - yes. The value of an OTM (out of the money) option is pure time value. It's certainly possible that when the stock price gets close to that strike, t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Owning REIT vs owning real estate - which has a better hypothetical ROI? ### Answer: You've already hit on the big difference. If you buy a property, you've made a big commitment, for better or worse....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Owning REIT vs owning real estate - which has a better hypothetical ROI? ### Answer: REIT's usually invest in larger properties (apartment complexes), individuals usually invest in small properties (s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Owning REIT vs owning real estate - which has a better hypothetical ROI? ### Answer: REIT is to property as Mutual Fund is to stock. In others words, a REIT spreads your risk out over a greater numbe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Owning REIT vs owning real estate - which has a better hypothetical ROI? ### Answer: Your question may have another clue. You are bullish regarding the real estate market. Is that for your city, your ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Qualified Stock Options purtchased through my Roth IRA ### Answer: No, you cannot. ISO are given to you in your capacity as an employee (that's why it is "qualified"), while your IRA is not an employe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the compound annual growth rate of the major markets? ### Answer: Center for Research in Security Prices would be my suggestion for where to go for US stock price history. Major Asset Classes ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the compound annual growth rate of the major markets? ### Answer: Under construction, but here's what I have so far: Schwab Data from 1970-2012: About.com data from 1980-2012: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can end-of-day data be downloaded for corporate bonds? ### Answer: Here is one from a Bloomberg partnership, it is free. To get the end of day prices, you may need some programming done. PM me ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Selling RSUs that vested at different values ### Answer: No, you're not missing anything. RSUs are pretty simple when it comes to taxes. They are taxed as compensation at fair market value when they v...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is stock dilution legal? ### Answer: Here's another way that I look at it: Say you and me were 50-50 partners in a small business. Suppose we wanted to expand our business but that needed money. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is stock dilution legal? ### Answer: Theoretically, when a company issues more shares, it does not affect the value of your shares. The reason is that when a company issues and sells more shares,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is stock dilution legal? ### Answer: Stock dilution is legal because, in theory, the issuance of new shares shouldn't affect actual shareholder value. The other answers have explained fairly well ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is stock dilution legal? ### Answer: If that company issues another 100 shares, shouldn't 10 of those new 100 shares be mine? Those 100 shares are an asset of the company, and you own 10% of them....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is stock dilution legal? ### Answer: Alot of these answers have focused on the dilution aspect, but from a purely legal aspect, there are usually corporate bylaws that spell out what kind of vote ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is stock dilution legal? ### Answer: Stock issuing and dilution is legal because there must be some mechanism for small companies to grow into big companies. A company sees a great investment oppo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is stock dilution legal? ### Answer: For new shares to be successfully sold, the price has to be below market price. If you currently own shares of that company, you should always get an option to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Bollinger Bands and TRENDING market ### Answer: If upper and Bollinger bands either converge ... or diverge ..., does that mean the market is TRENDING? No - Bollinger bands measure volatility, which i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Bollinger Bands and TRENDING market ### Answer: If upper and bollinger bands either converge (both bands are getting more and more close together) or diverge (both bands are getting more and more away...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Bollinger Bands and TRENDING market ### Answer: Bollinger Bands are placed standard deviations away from the moving average. Therefore if the price is volatile, the bands diverge from the mean. During...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to decide if I should take my money with me or leave it invested in my home country? ### Answer: I will attempt to answer three separate questions here: The standard answer is that an emergency fu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to decide if I should take my money with me or leave it invested in my home country? ### Answer: The key is whether you plan to stay in Sweden forever, or plan to move back to Brazil after complet...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I invest my retirement savings money, where it is safer than stocks? ### Answer: Does your employer provide a matching contribution to your 401k? If so, contribute enough to the 401k that ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I invest my retirement savings money, where it is safer than stocks? ### Answer: This is a very open ended question with no concrete answer as it depends on your personal situation. However...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I invest my retirement savings money, where it is safer than stocks? ### Answer: There are many questions and good answers here regarding investment choices. The first decision you need to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying over the minimum mortgage payment ### Answer: Let's look at some of your options: In a savings account, your $40,000 might be earning maybe 0.5%, if you are lucky. In a year, you'll have earne...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying over the minimum mortgage payment ### Answer: First off, putting extra cash toward a mortgage early on, when most of the payments are going to interest, is the BEST time. If you pay an extra $1...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying over the minimum mortgage payment ### Answer: take a look at this graph here: http://mortgagevista.com/#m=1&a=40000&b=4&c=30y&B&oa&ob&oc&od It shows how much it costs to borrow $40k for 30 year...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the I.T. function in banking considered to be on the expense side, as opposed to revenue side? ### Answer: This depends entirely on the kind of "IT" you're doing. A couple of examples to illuminate...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the I.T. function in banking considered to be on the expense side, as opposed to revenue side? ### Answer: I must point that without the IT - no-one in the bank generates any revenue. Not to mentio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the I.T. function in banking considered to be on the expense side, as opposed to revenue side? ### Answer: Here is how your CEO has to see it. Of course, eventually most revenues are generated by I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a reliable way to find, if a stock or company is heading bankruptcy? ### Answer: You can avoid companies that might go bankrupt by not buying the stock of companies with debt. Every quarter, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a reliable way to find, if a stock or company is heading bankruptcy? ### Answer: Research the company. Obtain and read their current and past financial statements. Find and read news stories ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is an Income Mutual Fund a good alternative to a savings account? ### Answer: The value will certainly fluctuate up and down (but on average gain more than a savings account), but so long as you have ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is an Income Mutual Fund a good alternative to a savings account? ### Answer: Risk. Volatility. Liquidity. Etc. All exist on a spectrum, these are all comparative measures. To the general question, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the important differences between mutual funds and Exchange Traded Funds (ETFs)? ### Answer: The main difference between an ETF and a Mutual Fund is Management. An ETF will track a specific i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the important differences between mutual funds and Exchange Traded Funds (ETFs)? ### Answer: Behind the scenes, mutual funds and ETFs are very similar. Both can vary widely in purpose and po...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do dark pools have to declare the volume transacted at the end of the day? ### Answer: Members of the Federal Reserve System keep track of what money a bank has (if it's not in the vault), who owns wh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate tax amounts withheld on mixed pre-tax and Roth 401(k) contributions, and match? ### Answer: When you adjust your investments the following will happen: Initial condition: Modified con...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate tax amounts withheld on mixed pre-tax and Roth 401(k) contributions, and match? ### Answer: Its easier than that: employer matching contributions are always pre-tax. While your contr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate tax amounts withheld on mixed pre-tax and Roth 401(k) contributions, and match? ### Answer: Your 401k IRA will now have three different sub-accounts, the one holding your Traditional ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Understanding option commission costs ### Answer: From what I see, it is more like .70 per contract, with a $1 minimum (for options that trade over a dime.) IB does not provide any help, at all, so ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Understanding option commission costs ### Answer: The option commissions with IB for trading in the US market are between $0.25 to $0.70 per contract. However if you are looking to trade in Canada, wh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Quarterly dividends to monthly dividends ### Answer: Technically you should take the quarterly dividend yield as a fraction, add one, take the cube root, and subtract one (and then multiple by the sto...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do with the 50k I have sitting in a European bank? ### Answer: As always with investments, it depends on your risk adversity. I don't want to repeat the content of hundreds of recommenda...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do with the 50k I have sitting in a European bank? ### Answer: Unfortunately I do not have much experience with European banks. However, I do know of ways to earn interest on bank accoun...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do with the 50k I have sitting in a European bank? ### Answer: You can do many things: Risk free: Risk of losing: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do with the 50k I have sitting in a European bank? ### Answer: You might want to just keep it in cash. For one step further you could do an even split of USD, EUR and silver. USD hedges ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are money market instrument and short-term debt same? ### Answer: The Money Market is a place where one trades Instruments. The market is similar to that of the Stock Market. The instruments traded in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I own a mutual fund that owns voting shares, who gets the vote? ### Answer: You will not get a vote on any issues of the underlying stock. The mutual fund owner/manager will do the voting. In 2004, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Hedging against an acquisition of a stock ### Answer: Firstly, going short on a stock and worrying if the price suddenly gaps up a lot due to good news is the same as being long on a stock and worryin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Hedging against an acquisition of a stock ### Answer: For a cheaper hedge , you can try a call spread. e.g if you shorted a stock at 40 but are worried that it can get bought out for 60. then buy a 50...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Money-market or cash-type ETFs for foreigners with U.S brokerage account ### Answer: Securities and ETFs are also subjected to Estate Tax. Some ways: Draft a "Transfer on Death" instruction to the br...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Advice on replacing my savings account ### Answer: Liquid cash (emergency, rainy day fund) should be safe from a loss in value. Mutual funds don't give you this, especially stock funds. You can find...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Take advantage of rock bottom oil prices ### Answer: As others have alluded to but haven't said due to the lack of reputation points to spare, you can take advantage of oil prices by leveraging up and...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Take advantage of rock bottom oil prices ### Answer: Probably the easiest way for individual investors is oil ETFs. In particular, USO seems to be fairly liquid and available. You should check caref...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Take advantage of rock bottom oil prices ### Answer: A long call options spread. In this case, a bet that the USO ETF would recover to $35. You can see, I got in when USO was $28, and it's continued t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Take advantage of rock bottom oil prices ### Answer: I'm really surprised more people didn't recommend UGA or USO specifically. These have been mentioned in the past on a myriad of sites as ways to h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Take advantage of rock bottom oil prices ### Answer: I would suggest that oil stocks are going down due to reduced earnings predictions. The market may go too far in selling off oil and oil-related s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Automatic investments for cheap ### Answer: Almost all major no-load mutual fund families allow you to do the kind of thing you are talking about, however you may need an initial investment of between...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Automatic investments for cheap ### Answer: For your purposes, I would recommend using direct investment in a no-load mutual fund. I mostly use Vanguard and would recommend them. They just about inv...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Automatic investments for cheap ### Answer: ETrade allows this without fees (when investing into one of the No-Load/No-Fees funds from their list). The Sharebuilder plan is better when investing into ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Automatic investments for cheap ### Answer: Previously (prior to Capital One acquisition -- it's kind of like K-Mart buying Sears) Sharebuilder offered 12 automatic (i.e. pre-scheduled) stock purchase...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Automatic investments for cheap ### Answer: If you are not worried about timing the market and want to buy primarily "blue chip" stocks to hold for a while, consider using Loyal3. They don't charge an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can we determine how much income our savings could generate if we purchase an annuity? ### Answer: Annuity calculation formulas can be found here. http://en.wikipedia.org/wiki/Annuity_(finance_the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can we determine how much income our savings could generate if we purchase an annuity? ### Answer: Note that it isn't always clear that "turning it all into an annuity" is the right answer. Annuit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Making enquiries about shares ### Answer: Is anything possible, and if so, how? Because of the circumstances, there is nothing you can do. You do not have the ISIN, nor are you a part-owner of the acc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a reasonable rate of return and fee structure for a Roth IRA? ### Answer: A Roth IRA is just an account wrapper. Inside a Roth IRA you can have a plain 0.1% savings account, or a brokerage ac...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the dividend tax rate for UK stock ### Answer: The link provided by DumbCoder (below) is only relevant to UK resident investors and does not apply if you live in Malaysia. I noticed that in a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the dividend tax rate for UK stock ### Answer: FYI, I am assuming you are an individual investor.. The rates on the website may change, if the government decides so. Anyway it is a UK governme...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What determines deal price on stock exchange? [duplicate] ### Answer: Stock prices are set by bidding. In principle, a seller will say, "I want $80." If he can't find anyone willing to buy at that pri...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What determines deal price on stock exchange? [duplicate] ### Answer: Price is decided by what shares are offered at what prices and who blinks first. The buyer and seller are both trying to find the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing in real estate when the stock market is high, investing in stocks when it's low? ### Answer: The price of real estate reacts to both demand for property and the rate of inflation and rate of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing in real estate when the stock market is high, investing in stocks when it's low? ### Answer: You're "onto" something. Investing in real estate was not a bad idea about 10-15 years ago, when ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing in real estate when the stock market is high, investing in stocks when it's low? ### Answer: The right time to buy real estate is easy to spot. It's when it is difficult to get loans or when...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Roth IRA all in one fund, or not? [duplicate] ### Answer: In your case, you could very well leave it in something like FFFFX, which for readers is a self balancing fund with a target retirement date o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Roth IRA all in one fund, or not? [duplicate] ### Answer: First, you should diversify your portfolio. If your entire portfolio is in the Roth IRA, then you should eventually diversify that. However,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Capital gains tax: Retirement vehicle (IRA, 401k) vs. anything else? ### Answer: First of all, there are some differences between the retirement accounts that you mentioned regarding taxes. Tradition...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Capital gains tax: Retirement vehicle (IRA, 401k) vs. anything else? ### Answer: Ben Miller's answer is very thorough, and I up voted it. I believe that the ability to rebalance without tax implicatio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the “Bank on Yourself” a legitimate investment strategy, or a scam? ### Answer: Technically, this doesn't seem like a scam, but I don't think the system is beneficial. They use a lot of half-truth...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the “Bank on Yourself” a legitimate investment strategy, or a scam? ### Answer: Oddly enough, I started to research the "Bank on Yourself" strategy today as well (even before I'd ran across this qu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the “Bank on Yourself” a legitimate investment strategy, or a scam? ### Answer: I haven't read the book and have no intention of reading it. This definitely looks like a forced savings plan with "W...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is money actually made from the buying or selling of options? ### Answer: Not all call options that have value at expiration, exercise by purchasing the security (or attempting to, with funds in y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is money actually made from the buying or selling of options? ### Answer: Today SPY (The S&P ETF) trades at $128. The option to buy at $140 (this is a Jan '13 call) trades for $5. I buy the call,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying taxes on dividends even though your capital gains were $0? ### Answer: In the US, and in most other countries, dividends are considered income when paid, and capital gains/losses are considered...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying taxes on dividends even though your capital gains were $0? ### Answer: You are incorrect in saying that you have a capital gains of $0. You either have no capital gains activity, because you ha...