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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When can you use existing real estate as collateral to buy more? ### Answer: @victor has the most descriptive and basic idea on how this is done. The only thing I would add is that one benefit to rea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are buying and selling futures based on objective data? ### Answer: If you're simply a futures speculator, then yes, it does seem like gambling. If you're a farmer producing a few thousand bushels of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are buying and selling futures based on objective data? ### Answer: I own a gold mine and my cost of producing an ounce of gold is $600. Less than that, I lose money, anything over is profit. Today, a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are buying and selling futures based on objective data? ### Answer: If you hold a future plus enough cash collateral it is economically equivalent to owning the underlying asset or shorting the underl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are buying and selling futures based on objective data? ### Answer: Let's ask another question: Why do you buy X at price $Y? Here are some answers: Now, another question: Are you guaranteed to get ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When I google a ticker like XLE or something, I see a price which updates frequently (about every second or so), where can I find this for options? ### Answer: you can try CME DataSuite. Your broker g...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When I google a ticker like XLE or something, I see a price which updates frequently (about every second or so), where can I find this for options? ### Answer: You probably will not find to many place...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using Fibonacci Extensions to set profit targets? ### Answer: fibonacci levels (retracements,expansions, arcs) are all arbitrary numbers with no statistical significance. that said thousands of trader...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using Fibonacci Extensions to set profit targets? ### Answer: I have never seen a backtest showing that prices tended to be attracted by / to revert around Fibonacci levels. The fact that many people ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What numbers to look for investment returns ### Answer: (Value of shares+Dividends received)/(Initial investment) would be the typical formula though this is more of a percentage where 1 would indicat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Reducing taxable income in US in December ### Answer: Assuming that what you want to do is to counter the capital gains tax on the short term and long term gains, and that doing so will avoid any unde...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Reducing taxable income in US in December ### Answer: My first question to you is if you itemize? If not the charitable contributions will not do any good. Along these lines, donating unused items t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Reducing taxable income in US in December ### Answer: Depending on the size of the donation, you may be able to reduce taxes further by donating appreciated assets, such as stock or fund shares that h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Missing opportunity cost of mortgage prepayment ### Answer: You seem to really have your financial act together. Your combination of assets, and ongoing savings makes you the ideal candidate for payi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Missing opportunity cost of mortgage prepayment ### Answer: One other consideration is that by paying off your mortgage early versus, for example, investing that capital in a mutual fund is that you a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Missing opportunity cost of mortgage prepayment ### Answer: I agree with Joe that you seem to have your stuff together. However I can't disagree more otherwise. You are getting a loan at such a cheap...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to make money by getting a mortgage? ### Answer: To keep the math simple, say you are in the 25% federal tax bracket. Your 4% mortgage effectively costs you 3%. Did Mr Advisor tell you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to make money by getting a mortgage? ### Answer: Imagine a married couple without a mortgage, but live in a house fully paid for. They pay state income taxes, and property tax, and make...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to make money by getting a mortgage? ### Answer: Sounds like a poorly written piece at best... The way you make money with a mortgage, if you're careful and/or lucky and/or patient, is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to make money by getting a mortgage? ### Answer: I think this is possible under very special conditions. The important part of the description here is probably retired and rich. The a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to make money by getting a mortgage? ### Answer: I came up with a real way. I saw once the market be so dumb as to allow this to work. Inflation rate = 2.5%. Home interest rate = 3%. Ta...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to make money by getting a mortgage? ### Answer: The likely reason the mortgage is "tricky to get" is the adviser is probably recommending an interest-only mortgage in which there is no...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to make money by getting a mortgage? ### Answer: This answer is based on Australian tax, which is significantly different. I only offer it in case others want to compare situations. In ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to make money by getting a mortgage? ### Answer: the mortgage interest deduction alone couldn't make this work, but if you realize less income by living off the mortgage funds, then it ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to make money by getting a mortgage? ### Answer: In the Netherlands its cheaper in some cases to have a mortgage then to own a house. Example: If you own a house you pay more taxes (b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to make money by getting a mortgage? ### Answer: yes. you can take out 500,000 form your paid of house. you pay back 500,000 at 3.5. percent. you do get a tax break for not own...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Downside to temporarily lowering interest rates? ### Answer: This bit of marketing, like the zero-percent introductory rates some banks offer, is intended to make you more willing to carry a balance, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Downside to temporarily lowering interest rates? ### Answer: it is possible that if you do not accept the offer, they will try offering you an even lower rate. if they offered you close to 0%, you co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Downside to temporarily lowering interest rates? ### Answer: This is brilliant for AmEx; they make a cut off of every transaction you do, so even if you pay it off before you ever pay interest, they s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Moving from India to Europe - Bank accounts and Mutual funds ### Answer: Once you become NRI or know for sure you would be one, you can't hold ordinary accounts. Convert existing savings account into ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax implications of holding EWU (or other such UK ETFs) as a US citizen? ### Answer: You will not be able to continue filing with TurboTax if you invest in foreign funds. Form 8261 which is required t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax implications of holding EWU (or other such UK ETFs) as a US citizen? ### Answer: My understanding is that EWU (and EWUS) are both traded on US stock markets (NYSE & BATS), and as such these are no...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is This Money Laundering? ### Answer: This is price-setting algorithms running amok. From the page you link, follow the '2 new from $49,991.11' link and you will see that (at the time of writing), the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is This Money Laundering? ### Answer: No, this is misbehavior of sales software that tries to automatically find the price point which maximizes profit. There have been much worse examples. Ignore it....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is This Money Laundering? ### Answer: or is this a form of money laundering? May not be, generally the amounts involved in money laundering are much higher. So if there are quite a few such transactio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay cash for a home, get a reverse mortgage, and buy stock ### Answer: I think you're missing a couple of things. First - why do you think its a reverse mortgage? More likely than not its a regular mo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Asking price went through the roof ### Answer: As folks have explained in the comments: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do individual investors use Google to obtain stock quotes? ### Answer: I won't be able to model stock prices using this information. The pros aren't likely to use Google as much. Even the casual inve...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Odds of early assignment for a short in the money call ### Answer: It depends how deep in the money it is, compared to the dividend. Even an in the money call has some time premium. As the call holde...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options liquidity and trading positions larger than the daily volume? ### Answer: You definitely cannot be guaranteed to get the bid or ask if you are selling more than are available/desired at those ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options liquidity and trading positions larger than the daily volume? ### Answer: One broker told me that I have to simply read the ask size and the bid size, seeing what the market makers are offerin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I establish the cost basis of shares bought in an employee stock purchase program? ### Answer: A public company should have a link for investor relations, which should help provide a trail of b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the ESPP discount profit? ### Answer: The difference is ordinary income. If the price drops and you sell for exactly what you paid, you have an income of D and a capital loss of D which usually can...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Higher mortgage to increase savings to invest? ### Answer: I don't follow the numbers in your example, but the fundamental question you're asking is, "If I can borrow money for a low cost, and if I th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Higher mortgage to increase savings to invest? ### Answer: Clearly this is doable and many people are doing exactly this. At that kind of rate many will tell you to borrow as much as you can and inve...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: E*Trade commission ### Answer: The commission is per trade, there is likely a different commission based on the type of security you're trading, stock, options, bonds, over the internet, on the phone,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Types of investments with built-in puts or similar safety features ### Answer: An index annuity is almost the same as Indexed Universal Life, except the equity-index annuity is an investment with a gu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Types of investments with built-in puts or similar safety features ### Answer: Many mutual funds include such mechanisms. However, the higher fees for those funds (when compared to simple index funds)...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What type of investments should be in a TFSA, given its tax-free growth and withdrawal benefits? ### Answer: A questoin that I deal with almost every day. Like most investments it comes down to.....W...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What type of investments should be in a TFSA, given its tax-free growth and withdrawal benefits? ### Answer: I think "optimal" is a term that needs to be better qualified - what's optimal investment f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there an academic framework for deciding when to sell in-the-money call options? ### Answer: If any academic framework worked, your teachers would be the richest people on the planet. However, you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there an academic framework for deciding when to sell in-the-money call options? ### Answer: based on my understanding of your query...well you need to understand ATM and ITM options. The delta an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I get AEX historical data - Amsterdam? ### Answer: Try the general stock exchange web page. http://www.aex.nl I did a quick trial myself and was able to download historical data for the AEX...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is the buy price different from the sell price of a stock? [duplicate] ### Answer: When there is a difference between the two ... no trading occurs. Let's look at an example: Investor A, B, C, and...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is the buy price different from the sell price of a stock? [duplicate] ### Answer: This is called the Ask-Bid Spread. The difference varies based on the liquidly of the asset. The more liquid or t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What type of low-cost stock index exchange-traded fund (ETF) would give the best long-term total return? ### Answer: Small cap and mid cap shares tend to outperform large cap shares in a bull market, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are reasons a company would want to be listed on one exchange vs. another? ### Answer: Listing on NYSE has more associated overhead costs than listing on NASDAQ. In the case of young technology ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the meaning of the net worth of a person? ### Answer: An individual's net worth is the value of the person's assets minus his debt. To find your net worth, add up the value of everything that ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate/reconcile conflicting P/E ratios? ### Answer: The user who wrote the Zerohedge item: The CBS article: The Quora estimate is similar to the Zerohedge one (estimated a round value of 10...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Moving Coin Collection to Stapled Coin Pockets ### Answer: I would be wary of having coins in containers with cardboard. Ideally you want the coins to be in an airtight envelope made of plastic to min...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Moving Coin Collection to Stapled Coin Pockets ### Answer: This is primarily opinion based. It is like predicting what will happen in future, similar to predicting the value of stock. This is interest...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I place a stock limit order to buy above the current price? Can I place a stock limit order to sell below the current price? ### Answer: You are better off just placing a market order if you want ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I place a stock limit order to buy above the current price? Can I place a stock limit order to sell below the current price? ### Answer: I have done this, and the reason is to make sure that I don...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I place a stock limit order to buy above the current price? Can I place a stock limit order to sell below the current price? ### Answer: buy above the current price in the stock market You can do ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I place a stock limit order to buy above the current price? Can I place a stock limit order to sell below the current price? ### Answer: You can place the orders like you suggested. This would be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Valuation, pricing, and analysis of securities ### Answer: Pricing would just be another way to describe valuation. I guess if you want to get technical, pricing - is the act of getting somethings val...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Valuation, pricing, and analysis of securities ### Answer: I would differentiate between pricing and valuation a bit more: Valuation is the result of investment analysis and the result of coming up w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why buy SPY when there is S&P500? ### Answer: The S&P500 is an index, not an investment by itself. The index lists a large number of stocks, and the value of the index is the price of all the stocks ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculation of Loss for GM Bonds and Cost Basis of New Issues ### Answer: I will say in advance this is not a great answer, but I had a similar experience when I owned a CIT bond that defaulted. I end...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using Loan to Invest - Paying Monthly Installments by Selling Originally Bought Shares ### Answer: In addition to the answer from CQM, let me answer your 'am I missing anything?' question. Then I'll t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using Loan to Invest - Paying Monthly Installments by Selling Originally Bought Shares ### Answer: The market can stay irrational longer than you can remain solvent -John Maynard Keynes The stocks cou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using Loan to Invest - Paying Monthly Installments by Selling Originally Bought Shares ### Answer: I will add one point missing from the answers by CQM and THEAO. When you take a loan and invest the p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a financial security? ### Answer: First, realize that Wikipedia is written by individuals, just like this board has thousands of members. The two definition were written and edited by differen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are some funds only recommended for investors starting out? ### Answer: A suitable mix of index funds IS a great option if you don't want to spend a lot of time and effort micromanaging your money...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are some funds only recommended for investors starting out? ### Answer: I am a firm believer in TD's e-series funds. No other bank in Canada has index funds with such low management fees. Index ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are some funds only recommended for investors starting out? ### Answer: The simple answer is that whatever strategy is implemented with e-series, could be implemented at a lower cost with ETFs. ##...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are some funds only recommended for investors starting out? ### Answer: Most articles on investing recommend that investors that are just starting out to invest in index stock or bonds funds. Thi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When to start investing in an index fund? Wait for a bear market, use dollar cost-averaging, or another approach? ### Answer: First: what's your risk tolerance? How long is your investment going to la...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When to start investing in an index fund? Wait for a bear market, use dollar cost-averaging, or another approach? ### Answer: The fact that you are choosing index fund means you are surely not one of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I have to sell worthless stock to claim a loss and clean up? ### Answer: Generally, to be able to write off worthless securities, you need to show that they're indeed worthless. It's not necessaril...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Efficient markets hypothesis and performance of IPO shares after lock-up period ### Answer: There are rules that prevent two of the reactive measures you suggest from occurring. First, on the date of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Efficient markets hypothesis and performance of IPO shares after lock-up period ### Answer: Who's to say it wasn't priced into the markets, at least to some degree? Without any information on the beha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Efficient markets hypothesis and performance of IPO shares after lock-up period ### Answer: That's the way the markets work in THEORY. In actual fact, markets are subject to "real world" pressures. Th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the stock market too risky for long term retirement funds? Why should a 20- or 30-something person invest in stocks? ### Answer: I would start with long term data. It would show how 40 years worth ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the stock market too risky for long term retirement funds? Why should a 20- or 30-something person invest in stocks? ### Answer: Look. Here's a graph of the S&P 500. It's up 1200% since the start o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the stock market too risky for long term retirement funds? Why should a 20- or 30-something person invest in stocks? ### Answer: The stock market, as a whole, is extremely volatile. During any 3 y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the stock market too risky for long term retirement funds? Why should a 20- or 30-something person invest in stocks? ### Answer: I recommend that people think for themselves and get a multitude of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the stock market too risky for long term retirement funds? Why should a 20- or 30-something person invest in stocks? ### Answer: I'm going to go the contrarian route and suggest you stay completely...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Cons of withdrawing money from an Roth IRA account? ### Answer: First thing to note is that contributions (i.e. the total of all the amounts that you directly contributed into Roth IRA at any point in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Cons of withdrawing money from an Roth IRA account? ### Answer: One "con" I have not yet seen mentioned: retirement accounts are generally protected from creditors in a bankruptcy. There are limits a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Cons of withdrawing money from an Roth IRA account? ### Answer: In a year with no income, the best advice is to convert existing IRA money to Roth. This lets you take advantage of the 'zero' bracket, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Income tax laibility in India for Stock traded in USA as a resident Indian ### Answer: my tax liabilities in India on my stock profit in US You would need to pay tax on the profit in India as well af...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Borrowing money to buy shares for cashflow? ### Answer: Buying individual/small basket of high dividend shares is exposing you to 50%+ and very fast potential downswings in capital/margin calls. There...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Borrowing money to buy shares for cashflow? ### Answer: Don't do it. I would sell one of my investment houses and use the equity to pay down your primary mortgage. Then I would refinance my primary ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Borrowing money to buy shares for cashflow? ### Answer: This depends on: Here in the US where I am, interest rates were around 3.9% when I fixed my mortgage. This underperforms the market, e.g., a tot...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Borrowing money to buy shares for cashflow? ### Answer: It's generally a bad idea to use low-risk credit (low-risk in sense you're practically guaranteed to be forced to pay it off) to buy high-risk s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Borrowing money to buy shares for cashflow? ### Answer: Maybe a bit off topic, but I suggest reading "Rich Dad Poor Dad" by Robert Kiyosaki. An investment is something that puts money to your pocket. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does Charles Schwab have a Mandatory Settlement Period after selling stocks? ### Answer: It's important to understand that, in general, security transactions involve you and a relatively unknown e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does Charles Schwab have a Mandatory Settlement Period after selling stocks? ### Answer: Another explanation is that they keep your money three days to make money with it, because they can. The ot...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does Charles Schwab have a Mandatory Settlement Period after selling stocks? ### Answer: quid's answer explains the settlement period well. However, it should be noted that you can avoid the settl...