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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 should consider dollar cost averaging your investments. Retirement account is perfect for that - it's ...
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: The first two answers to this are very good, but I feel like there are a couple of points they left out th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Anonymous CC: Does “Entropay” really not hand my personal data over to a company - are there alternatives? ### Answer: Do you guys know any options that are accessible to any global citizen? Prepaid a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why IV and stock price are inversely related ### Answer: people are willing to pay higher premiums for options when stocks go down. Obviously the time value and intrinsic value and interests rates of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the Pension system work in Poland? ### Answer: Pretty simple actually. This is a state-run defined benefit plan, where the benefit is calculated based on the length of the employment and the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the Pension system work in Poland? ### Answer: littleadv's answer gives a concise summary of the system as it stands now, but much more changed than just the portion of the mandatory contribu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to manage $50k in Savings? ### Answer: In today's market being paid 1% for risk and free access money is pretty darn good. If 50k is what you feel comfortable with an emergency fund, then you ar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should we invest some of our savings to protect against inflation? ### Answer: Are there still people who keep significant amounts of money in a bank savings account? You could get ~1% by just choosin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should we invest some of our savings to protect against inflation? ### Answer: Okay. Savings-in-a-nutshell. So, take at least year's worth of rent - $30k or so, maybe more for additional expenses. Tha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should we invest some of our savings to protect against inflation? ### Answer: If I were in your shoes (I would be extremely happy), here's what I would do: Get on a detailed budget, if you aren't doi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any other investing methods I should look into? ### Answer: 401Ks and IRAs are types of retirement accounts. They have rules regarding maximum amount of investments per year; who can invest;...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any other investing methods I should look into? ### Answer: To expand on mhoran's answer - Once you mention the 401(k), we're compelled to ask (a) what is the match, if any, and (b) what are...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When to liquidate mutual funds for a home downpayment ### Answer: This question is calling for a somewhat subjective answer. What I would recommend is liquidate now, since it is a stock fund and stock...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Employee stock option plan with undefined vesting? ### Answer: An option without the vesting period and the price at which one can exercise the option is of not much value. If vesting is determined by...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: The board of directors in companies ### Answer: Boards of Directors are required for corporations by nearly all jurisdictions. Some jurisdictions have almost self-defeating requirements however, such...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the best ask price the ask at the “top” of the order book? What is the “top” of the book? ### Answer: The best ask is the lowest ask, and the best bid is the highest bid. If the ask was lower than...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the best ask price the ask at the “top” of the order book? What is the “top” of the book? ### Answer: You're confusing a specific visual representation of the top bid & ask orders selected from the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I invest or repay my debts? ### Answer: You didn't mention how much is the interest rate of your debts. It is a very simple rule. If you think you can make more money by investing (the best wa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I invest or repay my debts? ### Answer: Like azam pointed out, fundamentally you need to decide if the money invested elsewhere will grow faster than the Interest you are paying on the loan. In...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Home loan transferred to Freddie Mac — What does this mean? ### Answer: Lenders may sell your mortgage to other lenders for a fee. For example, your lender might sell your mortgage to the highest bi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is my financial plan for buying a house logically sound ### Answer: As a rental, this is not an ideal set of numbers. You manage to show a $255 'gain' but $275 is from payment to principal. So, from t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Could capital gains from a stock sale impact my IRA eligibility? ### Answer: Yes, eligibility for contributing to a Roth IRA is determined by your Modified Adjusted Gross Income (MAGI) which is based ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Could capital gains from a stock sale impact my IRA eligibility? ### Answer: Yes. Look at form 1040 AGI is line 37, and it comes well after you report your schedule D cap gains. I read this question ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to reach an apt going against inflation ### Answer: Inflation of the type currently experienced in Argentina is particularly hard to deal with. Also, real estate prices in global cities such as B...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Accounting Entry for Selling a Covered Call ### Answer: Option contracts typically each represent 100 shares. So the 1 call contract you sold to open (wrote) grants the buyer of that option the right ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there an advantage to a traditional but non-deductable IRA over a taxable account? [duplicate] ### Answer: The most common use of non-deductible Traditional IRA contributions these days, as JoeTaxp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there an advantage to a traditional but non-deductable IRA over a taxable account? [duplicate] ### Answer: The simplest answer is that you can convert the IRA to a Roth, and since it was already ta...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there an advantage to a traditional but non-deductable IRA over a taxable account? [duplicate] ### Answer: This is ideal placement for your allocation to income investments or those with nonqualifi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying extra on a mortgage. How much can I save? [duplicate] ### Answer: Can I pay $12,000 extra once a year or $1000 every month - which option is better? Depends when. If you mean 12K now vs 1K a mo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying extra on a mortgage. How much can I save? [duplicate] ### Answer: When is the best time to pay? At the end of each year? If you save $1,000 each month at 1% so as to pay $12,000 at EOY on a 4.7...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying extra on a mortgage. How much can I save? [duplicate] ### Answer: Paying $12,000 in lump sumps annually will mean a difference of about $250 in interest vs. paying $1,000 monthly. If front-load...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying extra on a mortgage. How much can I save? [duplicate] ### Answer: If you're truly ready to pay an extra $1000 every month, and are confident you'll likely always be able to, you should refinanc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying extra on a mortgage. How much can I save? [duplicate] ### Answer: How much can I save? Depends on inflation and what other investment opportunities you have. It could end up costing you million...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I cash out my Roth IRA to pay my mother's property tax debt, to avoid foreclosure on her home? ### Answer: @foreverBroke - Ok, here are the questions - Is mom's house paid for in full? If there...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I cash out my Roth IRA to pay my mother's property tax debt, to avoid foreclosure on her home? ### Answer: You're crazy to cash out your Roth or take on 401k loan, as that is addressing a short...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I cash out my Roth IRA to pay my mother's property tax debt, to avoid foreclosure on her home? ### Answer: First, I'm really sorry to hear about your mother. My wife was recently diagnosed with...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I cash out my Roth IRA to pay my mother's property tax debt, to avoid foreclosure on her home? ### Answer: If it turns out that you do want to help pay the tax bill (after answering all the que...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is needed to be a “broker”? ### Answer: You must understand that: So, if you -- the prospective buyer -- are in Waukegan, do you take the train all the way to New York City just to buy 100 shares...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it okay to be married, 30 years old and have no retirement? ### Answer: You aren't in trouble yet, but you are certainly on a trajectory to be later. The longer you wait the more painful it will be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it okay to be married, 30 years old and have no retirement? ### Answer: You are making close to 200 K a year which is great. The aggressive payments on loans takes out around 30K which is good. The...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it okay to be married, 30 years old and have no retirement? ### Answer: Yes, you should be saving for retirement. There are a million ideas out there on how much is a reasonable amount, but I think...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it okay to be married, 30 years old and have no retirement? ### Answer: First, I would recommend getting rid of this ridiculous debt, or remember this day and this answer, "you will be living this ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it okay to be married, 30 years old and have no retirement? ### Answer: As a rule, one should have a retirement. HOWEVER, you also have over a half a million dollars of debt. Paying down debt is a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it okay to be married, 30 years old and have no retirement? ### Answer: The question regarding your snapshot is fine, but the real question is what are you doing to improve your situation? As John...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I'm cash-flow negative, should I dollar-cost-average the money from my bonus over the entire year? ### Answer: Essentially, your question is "lump sum vs DCA" and your tags reflect that. In the lon...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I'm cash-flow negative, should I dollar-cost-average the money from my bonus over the entire year? ### Answer: You will maximize your expected wealth by investing all the money you intend to invest...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to interpret a 1,372.55% dividend payout ratio (GSK)? ### Answer: I don't think it makes sense to allow accounting numbers that you are not sure how to interpret as being a sell sign. If you know...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When investing, is the risk/reward tradeoff linear? ### Answer: The relationship is not linear, and depends on a lot of factors. The term you're looking for is efficient frontier, the optimal rate of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When investing, is the risk/reward tradeoff linear? ### Answer: If a market is efficient then risk/reward should be linear. In simple markets like stocks and bonds, everyone thinks the same way and t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When investing, is the risk/reward tradeoff linear? ### Answer: The risk-reward relation depends on what you are changing. In the most cases people ask about, it is not linear but I will give examples...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When investing, is the risk/reward tradeoff linear? ### Answer: Ditto Bill and I upvoted his answer. But let me add a bit. If everyone knew exactly what the risk was for every investment, then prices ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Money market account for emergency savings ### Answer: Depends on how urgent your need for the emergency savings might be. If the money market account allows you to get your money in the same amount o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Money market account for emergency savings ### Answer: So long as you have complete, virtually instant access to funds through checks, debit card, or ATM transaction, then yes it would be a better opt...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Money market account for emergency savings ### Answer: Most emergencies are less than 1,000 in nature. As such I would keep at least that amount in a checking/savings account at the bank from which y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Money market account for emergency savings ### Answer: From a quick look at sources on the web, it looks to me like Money Market Accounts and savings accounts are both paying about the same rate today...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Money market account for emergency savings ### Answer: I think it's only a choice of terminology. Typically with a money market account has check-writing privileges whereas a savings account does not...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Money market account for emergency savings ### Answer: I'm not a fan of using cash for "emergency" savings. Put it in a stable investment that you can liquidate fairly quickly if you have to. I'd rath...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Long-term capital gain taxes on ETFs? ### Answer: Generally speaking, each year, mutual funds distribute to their shareholders the dividends that are earned by the stocks that they hold and also the n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Long-term capital gain taxes on ETFs? ### Answer: Generally, ETFs and mutual funds don't pay taxes (although there are some cases where they do, and some countries where it is a common case). What hap...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: gnucash share fractions ### Answer: As BrenBarn stated, tracking fractional transactions beyond 8 decimal places makes no sense in the context of standard stock and mutual fund transactions. This is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Principal 401(k) managed fund fees, wow. What can I do? ### Answer: In my opinion, the fee is criminal. There are ETFs available to the public that have expenses as low as .05%. The index fund VIIIX ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Principal 401(k) managed fund fees, wow. What can I do? ### Answer: I would even say 1% is not even reasonable in this age. The short answer is there probably isn't much you can do directly. However...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Principal 401(k) managed fund fees, wow. What can I do? ### Answer: When you look at managed funds the expense ratios are always high. They have the expense of analyzing the market, deciding where to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Principal 401(k) managed fund fees, wow. What can I do? ### Answer: Would anything happen if you bring this issue to the attention of the HR department? Everyone in the company who participates in the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Principal 401(k) managed fund fees, wow. What can I do? ### Answer: Your employer could consider procuring benefits via a third party administrator, which provides benefits to and bargains collectivel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Principal 401(k) managed fund fees, wow. What can I do? ### Answer: The expense fees are high, and unfortunate. I would stop short of calling it criminal, however. What you are paying for with your e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 401k vs. real estate for someone who is great at saving? ### Answer: Apples and oranges. The stock market requires a tiny bit of your time. Perhaps a lot if you are interested in individual stocks, an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 401k vs. real estate for someone who is great at saving? ### Answer: With an appropriate selection within a 401K and if operating expenses are low, you get tax deferred savings and possibly a lower ta...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a delta signify the probability of expiring in the money ### Answer: Just for clarification, delta and probability of expiring in the money are not the same thing. What the guy meant was that...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Rollover into bond fund to do dollar cost averaging [duplicate] ### Answer: Many would recommend lump sum investing because of the interest gains, and general upward historical trend of the market. A...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Differences in conditions on shares to private vs. public shareholders? ### Answer: Shares sold to private investors are sold using private contracts and do not adhere to the same level of strict regu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where to start with finding good companies to invest? ### Answer: There obviously is not such a list of companies, because if there were the whole world would immediately invest in them. Their price w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Unrealized Profit & Loss for Non-Stock Securities ### Answer: Suddenly its not just comparing the current price to the price of the contract, or is it? Sure it is. Suppose you bought 100 option contr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I trade options in the U.S. using Schwab. How could my wife do the same in Canada? ### Answer: Your wife could open a non-registered margin trading account with a Canadian full-service or discount bro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Difference between IRR and ROR ### Answer: There may be differences in different contexts, but here's my general understanding: Rate of Return (or Return on Investment) is the total gain or loss of an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there legal reason for restricting someone under 59-1/2 from an in-service rollover from a 401K to an IRA? ### Answer: Yes, this is restricted by law. In plain language, you can find it on the IRS...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there legal reason for restricting someone under 59-1/2 from an in-service rollover from a 401K to an IRA? ### Answer: You're going to find a lot of conflicting or vague answers on the internet bec...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there legal reason for restricting someone under 59-1/2 from an in-service rollover from a 401K to an IRA? ### Answer: I don't think there's a rule -- (I can't comment) but Brick cited IRS rules......
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do ETF dividends make up for fees? ### Answer: Any ETF has expenses, including fees, and those are taken out of the assets of the fund as spelled out in the prospectus. Typically a fund has dividend ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do ETF dividends make up for fees? ### Answer: It depends. Dividends and fees are usually unrelated. If the ETF holds a lot of stocks which pay significant dividends (e.g. an S&P500 index fund) these...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: IRR vs. Interest Rates ### Answer: Yes, if your IRR is 5% per annum after three years then the total return (I prefer total rather than your use of actual) over those three years is 15.76%. Note that ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: IRR vs. Interest Rates ### Answer: IRR is not subjective, this is a response to @Laythesmack, to his remark that IRR is subjective. Not that I feel a need to defend my position, but rather, I'm going ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: IRR vs. Interest Rates ### Answer: Yes, assuming that your cash flow is constantly of size 5 and initial investment is 100, the following applies: IRR of 5% over 3 years: Value of CashFlows: 4.7619 + ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: IRR vs. Interest Rates ### Answer: IRR is subjective, if you could provide another metric instead of the IRR; then this would make sense. You can't spend IRR. For example, you purchase a property with...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would you elect to apply a refund to next year's tax bill? ### Answer: Aside from the fear that you or a loved one will spend it frivolously, I'm hard pressed to come up with another reason. If y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would you elect to apply a refund to next year's tax bill? ### Answer: There actually are legitimate reasons, but they don't apply to most people. Here are a few that I know of: You're self-emplo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would you elect to apply a refund to next year's tax bill? ### Answer: It is a bad deal. It saves the government from processing your refund as a check or an ACH deposit, and lets them keep your ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would you elect to apply a refund to next year's tax bill? ### Answer: If you expect your taxes to be higher next year, it saves you the trouble of sending estimates or changing the withholding le...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would you elect to apply a refund to next year's tax bill? ### Answer: If your refunds are subject to seizure because of certain debt arrears, it makes sense to let the IRS hold onto them until ne...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would you elect to apply a refund to next year's tax bill? ### Answer: If you have non-salary income, you might be required to file 1040ES estimated tax for the next year on a quarterly basis. You...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would you elect to apply a refund to next year's tax bill? ### Answer: The refund may offset your liability for the next year, especially if you are a Schedule "C" filer. By having your refund ap...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would you elect to apply a refund to next year's tax bill? ### Answer: If your refund is so small (like $20 - $25), and it's not worth receiving, it can be put towards next years just to give you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would you elect to apply a refund to next year's tax bill? ### Answer: Not a financially sound decision in my humble opinion. Basically, you are prepaying your taxes and the only reason you want t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would you elect to apply a refund to next year's tax bill? ### Answer: sometimes we advise very old or incapacitated people to apply the refund to the next year as check writing from time to time ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I calculate the actual dividend amount for a monthly dividend payout mutual fund? ### Answer: In the absence of a country designation where the mutual fund is registered, the question cannot be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I calculate the actual dividend amount for a monthly dividend payout mutual fund? ### Answer: So if someone would invest 14000 credits on 1st April 2016, he'd get monthly dividend = ((14000 ÷ 1...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do government bond yields work? ### Answer: Why does the rising price of a bond pushes it's yield down? The bond price and its yield are linked; if one goes up, the other must go down. This is bec...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do government bond yields work? ### Answer: Imagine a $1,000 face value bond paying 10% interest semi-annually. That means every 6 months there is $50 being paid. Now, if the price of that bond do...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Project future trend of a stock with high positive autocorrelation ### Answer: Auto-correlation is a statistical concept for measuring repeating patterns in series. In stocks it is of particular inte...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it preferable to move emergency savings/retirement into offset mortgage? ### Answer: Assuming no constraints on how much you can move (or how frequently) into and out of your offset mortgage accoun...