Datasets:
circircircle
/
FinQA

Dataset card Data Studio Files
xet
 Community
text
stringlengths
146
45.7k
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Possible Risks of Publicizing Personal Stock Portfolio ### Answer: You would be facilitating identity theft. You would be risking people who disagree with your approach thinking you're foolish. Are yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to invest in gold at market value, i.e. without paying a markup? ### Answer: if you bought gold in late '79, it would have taken 30 years to break even. Of all this time it was two brief periods t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to invest in gold at market value, i.e. without paying a markup? ### Answer: And you have hit the nail on the head of holding gold as an alternative to liquid currency. There is simply no way to r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to invest in gold at market value, i.e. without paying a markup? ### Answer: ETF's are great products for investing in GOLD. Depending on where you are there are also leveraged products such as CF...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to invest in gold at market value, i.e. without paying a markup? ### Answer: I agree that there is no reliable way to buy gold for less than spot, no more than there is for any other commodity. Ho...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to invest in gold at market value, i.e. without paying a markup? ### Answer: This is an excellent question; kudos for asking it. How much a person pays over spot with gold can be negotiated in per...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the pros and cons of buying a house just to rent it out? ### Answer: Lets consider what would happen if you invested $1500/mo plus $10k down in a property, or did the same in a low-cost index...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the pros and cons of buying a house just to rent it out? ### Answer: There are actually a few questions you are asking here. I will try and address each individually. Down Payment What you pu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the pros and cons of buying a house just to rent it out? ### Answer: I would suggest the use of a management company to handle a rental property. They will take care of things like collectin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the pros and cons of buying a house just to rent it out? ### Answer: From personal experience: Loan Impact It does impact your ability to take out other loans (to an extent) Your first invest...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the pros and cons of buying a house just to rent it out? ### Answer: You should absolutely go for it, and I encourage you to look for multi-unit (up to 4) properties if there are any in your ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens if my order exceeds the bid or ask sizes? ### Answer: Sure. Depending on how you configure your order, it will either be fulfilled partially or wait until it can be fulfilled. You can set...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens if my order exceeds the bid or ask sizes? ### Answer: You should check with your broker. I asked my broker a similar question just 2 weeks ago. With their market orders they will be fille...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens if my order exceeds the bid or ask sizes? ### Answer: This is a great question precisely because the answer is so complicated. It means you're starting to think in detail about how orders...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I adjust to a new social class? ### Answer: Beware of keeping up with the Joneses. Many of your free-spending neighbors are broke. Basically, the prices of things like what you're noticing will...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I adjust to a new social class? ### Answer: The prices reflect what the market will bear. People have more money, things will likely cost more. Think of it in terms of percentages and you can...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I adjust to a new social class? ### Answer: Under what conditions did you move? My favourite method of judging prices objectively comes from concepts written in Your Money or Your Life by Joe D...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I adjust to a new social class? ### Answer: I live in one of the highest cost of living areas in my country. For the cost of less than half the down payment my spouse and I have saved up for a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I adjust to a new social class? ### Answer: Housing, eh? Housing costs are driven by salaries and land availability. Over in the Bay Area, $1500/mo for a nice 1-bedroom apartment is a good deal...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I adjust to a new social class? ### Answer: And specifically regarding prices of housing, what factors drive prices in that regard? I mean, the houses are roughly the same... but almost 3 times...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't boards of directors try to produce results in line with estimates? ### Answer: First off, some companies do something like this. Microsoft for example was well-known for consistently hittin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I know if my mutual fund is compounded? ### Answer: When we talk about compounding, we usually think about interest payments. If you have a deposit in a savings account that is earning compound...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there an application or website where I can practice trading US stocks with virtual money? ### Answer: I traded futures for a brief period in school using the BrokersXpress platform (now part of O...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Technical Analysis not working ### Answer: You cannot just read one book and some articles on Technical Analysis and some indicators and expect to be an expert and everything to just start falling int...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Technical Analysis not working ### Answer: I would echo @Victor's comments. One book and 1000 web pages doesnt make you a good investor/trader. There are some basic things you should be aware of and r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy or sell futures contracts ### Answer: Buying (or selling) a futures contract means that you are entering into a contractual agreement to buy (or sell) the contracted commodity or financial instrum...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy or sell futures contracts ### Answer: We struck a deal. I sold an asset to some body on june 1 . However he says, he would pay me any time on or before august 1st . This puts me in a dilemma. Wha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy or sell futures contracts ### Answer: In general there are two types of futures contract, a put and call. Both contract types have both common sides of a transaction, a buyer and a seller. You c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy or sell futures contracts ### Answer: Futures contracts are a member of a larger class of financial assets called derivatives. Derivatives are called such because their payoffs depend on the price...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Superannuation: When low risk options have higher return, what to do? ### Answer: The long term view you are referring to would be over 30 to 40 years (i.e. your working life). Yes in general you shou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can a Canadian get exposure to safe haven currencies? ### Answer: If S&P crashes, these currencies will appreciate. Note that the above is speculation, not fact. There is definitely no guarantee t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: ESPP: Share vs Payroll withholding ### Answer: Note that you're asking about withholding, not about taxing. Withholding doesn't mean this is exactly the tax you'll pay: it means they're withholding a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are Vanguard's Admiral Shares? ### Answer: Vanguard's Admiral shares are like regular ("investor") shares in their funds, only they charge lower expense ratios. They have higher investment minimu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to dividends on stock held in TFSA or RRSP account? ### Answer: For an RRSP, you do not have to pay taxes on money or investments until you withdraw the money. If you do not reinvest the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some simple techniques used for Timing the Stock Market over the long term? ### Answer: Buy low, sell high - the problem, of course, finding a crystal ball that will tell you when the highs a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some simple techniques used for Timing the Stock Market over the long term? ### Answer: I can think of a few simple and quick techniques for timing the market over the long term, and they can...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much can I withdraw from Betterment and be considered long-term investment? ### Answer: This question and your other one indicate you're a bit unclear on how capital gains taxes work, so here's th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much can I withdraw from Betterment and be considered long-term investment? ### Answer: No matter what, you owe taxes on the gains, known as capital gains. How much, depends on how long you invest...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is an RRSP always “self-directed”? What makes a “self-directed” RRSP special? ### Answer: The term self-directed generally refers to RRSP accounts where the account holder has not only the ability to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does the uptick rule apply to all stocks/ETFs and other securities, or only specific ones? ### Answer: The uptick rule is gone, but it was weakly reintroduced in 2010, applied to all publicly traded e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: GNUCash: How to count up equity? ### Answer: I would say when starting with Gnucash to start with the level of granularity you are comfortable with while sticking to the double entry bookkeeping pract...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: GNUCash: How to count up equity? ### Answer: I would take each of these items and any others and consider how you would count it as an expense in the other direction. If you have an account for parkin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to transform dividends into capital gains? ### Answer: Some investment trusts have "zero dividend preference shares" which deliver all their gains as capital gains rather than income, even if the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to transform dividends into capital gains? ### Answer: In the US, dividends have special tax treatment similar to, but not the same as Capital Gains. No easy way to transform one to the other, the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is an effective way to invest in electric car industry? ### Answer: At this time I would say that the electric car industry as a whole is too new to be able to invest in it as a sector. There ar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is an effective way to invest in electric car industry? ### Answer: You could have googled this question. I did so and found a link to this article. YMMV taking investment advice from thestreet....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm in Australia. What should I look for in an online stock broker, for trading mostly on the ASX? ### Answer: It depends what you want to do with them. If you are just simply going to drip-feed int...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm in Australia. What should I look for in an online stock broker, for trading mostly on the ASX? ### Answer: If you want the cheapest online broker in Australia, you can't go past CMC Markets, they...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm in Australia. What should I look for in an online stock broker, for trading mostly on the ASX? ### Answer: I don't know where your trade figures are from. ETrade, TD Ameritrade, Fidelity, etc all...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm in Australia. What should I look for in an online stock broker, for trading mostly on the ASX? ### Answer: OptionsXpress is good. I have used them for many years to trade stocks mainly (writing C...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the ramifications of lawsuits over “breaches of fiduciary duty” for the average shareholder? ### Answer: As an investor, I try to interpret the suits as an attempt to in some way influence th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the ramifications of lawsuits over “breaches of fiduciary duty” for the average shareholder? ### Answer: Mostly these are results of arguments between shareholders. These suits come when shar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I include retirement funds in calculating my asset allocation? ### Answer: Personally, I do asset allocation separately for personal investing and for retirement investing, as I the two have va...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I include retirement funds in calculating my asset allocation? ### Answer: You probably want to think about pools of money separately if they have separate time horizons or are otherwise not in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I include retirement funds in calculating my asset allocation? ### Answer: I'd imagine that it's a small portion of the population that can have much of both. If one is saving a decent amount f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I include retirement funds in calculating my asset allocation? ### Answer: I separate them out, simply because they're for different purposes, with different goals and time-frames, and combinin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When should I start saving/investing for my retirement? ### Answer: Start as early as possible and you will want to kiss your younger self when you get to retirement age. I know you (and everyone else...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When should I start saving/investing for my retirement? ### Answer: Start now. It's a lot easier to save now than it is to start to save later. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When should I start saving/investing for my retirement? ### Answer: Start as soon as you can and make your saving routine. Start with whatever you feel comfortable with and be consistent. Increase t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When should I start saving/investing for my retirement? ### Answer: Does you job offer a retirement plan? (401k, SIMPLE, etc) Does your employer offer a match on contributions? Typically an employer...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When should I start saving/investing for my retirement? ### Answer: Here's a good strategy: Open up a Roth IRA at a discount-broker, like TD Ameritrade, invest in no-fee ETF's, tracking an Index, with...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When should I start saving/investing for my retirement? ### Answer: My basic rule I tell everyone who will listen is to always live like you're a college student - if you could make it on $20k a year,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to choose a company for an IRA? ### Answer: I use TIAA-Cref for my 403(b) and Fidelity for my solo 401(k) and IRAs. I have previously used Vanguard and have also used other discount brokers for m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to choose a company for an IRA? ### Answer: The fees for Vanguard and Fidelity IRA housing cannot be lower, because they are zero. Depending on the fund you invest in, one or the other will have ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to choose a company for an IRA? ### Answer: I assume that with both companies you can buy stock mutual funds, bonds mutual funds, ETFs and money market accounts. They should both offer all of thes...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does Joel Greenblatt's “Magic Formula Investing” really beat the market? ### Answer: While it is true that this formula may have historically outperformed the market you have to keep one important thi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does Joel Greenblatt's “Magic Formula Investing” really beat the market? ### Answer: I read the book, and I'm willing to believe you'd have a good chance of beating the market with this strategy - it ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does Joel Greenblatt's “Magic Formula Investing” really beat the market? ### Answer: Probably not. Once the formula is out there, and if it actually seems to work, more and more investors chase the s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does Joel Greenblatt's “Magic Formula Investing” really beat the market? ### Answer: In addition to other answers consider the following idea. That guy could have invented say one thousand formulas ma...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does Joel Greenblatt's “Magic Formula Investing” really beat the market? ### Answer: GENIX was started by Joel Greenblatt back in 2013, so it is a real life test of the strategy. GENIX got off to a gr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the P/E ratio for a company with negative earnings? ### Answer: Usually their PE ratio will just be listed as 0 or blank. Though I've always wondered why they don't just list the negative PE ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the P/E ratio for a company with negative earnings? ### Answer: When presenting negative P/E values, most brokers and equity analysts show them as "n.m.", which stands for not meaningful. I ha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Insider trading of a linked security like an ETF your company has a heavy weighting in ### Answer: If you are in a position to have information that will impact the shares of a stock or index fund and...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who is the issuer in a derivative contract? ### Answer: While the issuer of the security such as a stock or bond not the short is responsible for the credit risk, the issuer and the short of a derivat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I save our credit with a quickie divorce? ### Answer: If you're not insolvent, doing something like this is both a moral and legal hazard: When you are insolvent, the tax and moral hazard issues c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I save our credit with a quickie divorce? ### Answer: My advice to you? Act like responsible adults and owe up to your financial commitments. When you bought your house and took out a loan from t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Saving money in college while paying for college ### Answer: I wouldn't recommend trying to chase a good return on this money. I'd just put it into a savings account of some sort. If you can get a b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you use external money to pay trading commissions in tax-free and tax-deferred accounts? ### Answer: According to Publication 590, broker's commissions for stock transactions within an IRA cannot ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you use external money to pay trading commissions in tax-free and tax-deferred accounts? ### Answer: Nice idea. When I started my IRAs, I considered this as well, and the answer from the broker wa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investment property refinance following a low appraisal? ### Answer: Definitely don't borrow from your 401K. If you quit or get laid off, you have to repay the whole amount back immediately, plus you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investment property refinance following a low appraisal? ### Answer: The new payment on $172,500 3.5% 15yr would be $1233/mo compared to $1614/mo now (26 bi-weekly payments, but 12 months.) Assuming t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investment property refinance following a low appraisal? ### Answer: If I was you I would not borrow from my 401K and shred the credit card offer. Both are very risky ventures, and you are already in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which types of insurances do I need to buy? ### Answer: Evaluate if the Rs 5 million term insurance is sufficient. Typically the term insurance provided by employer is in the range of 1 to 3 times the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which types of insurances do I need to buy? ### Answer: It sounds like you're putting all your extra money into insurances because you feel that one can never have too much insurance. That's a very ba...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which types of insurances do I need to buy? ### Answer: Can you afford to replace your home if it suffers major damage in a fire or earthquake? Is your home at risk of flooding? In the United States...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where are open-end funds traded? ### Answer: I assume that mutual funds are being discussed here. As Bryce says, open-ended funds are bought from the mutual fund company and redeemed from the fund com...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where are open-end funds traded? ### Answer: Close-end funds just means there's a fixed number of shares available, so if you want to buy some you must purchase from other existing owners, typically t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why have U.S. bank interest rates been so low for the past few years? ### Answer: These rates are so low because the cost of money is so low. Specifically, two rates are near zero. The Federal Reserv...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why have U.S. bank interest rates been so low for the past few years? ### Answer: There's two competing forces at work, and they are at work worldwide. Banks can get money from several sources: Throug...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why have U.S. bank interest rates been so low for the past few years? ### Answer: I've wondered the same thing. And, after reading the above replies, I think there is a simpler explanation. It goes l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there disadvantages to day trading ETFs? ### Answer: ETFs are well suited to day trading, but you should be mindful of the bid-ask spread. See article: Commission-free ETFs are a great way to save...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is considered high or low when talking about volume? ### Answer: The daily Volume is usually compared to the average daily volume over the past 50 days for a stock. High volume is usually consid...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is considered high or low when talking about volume? ### Answer: Volume is really only valuable when compared to some other volume, either from a historical value, or from some other stock. The ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Most Efficient Way to Transfer Money from Israel to the USA? ### Answer: Check with stock brokers. Some of them will offer ILS->USD conversion at a very beneficial rate (very close to the official), w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Most Efficient Way to Transfer Money from Israel to the USA? ### Answer: How much are we talking about here? My own experience (Switzerland->US, under $10K) was that the easiest way was just $100 bil...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Exercising an option without paying for the underlying ### Answer: This is dependent on the broker according to The Options Industry Council. Your broker will specify what they would do upon expiry (...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Exercising an option without paying for the underlying ### Answer: It would be nice if the broker could be instructed to clear out the position for you, but in my experience the broker will simply giv...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Exercising an option without paying for the underlying ### Answer: Unless you want to own the actual shares, you should simply sell the call option.By doing so you actual collect the profits (includin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Exercising an option without paying for the underlying ### Answer: As other answers state, selling the options contracts to the market is a definite way out, and probably the best in most cases. If y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: IRA contributions in a bear (bad) market: Should I build up cash savings instead? ### Answer: You have heard the old adage "Buy low, sell high", right? That sounds so obvious that you'd have to wonder...