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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What effect does a company's earnings have on the price of its stock? ### Answer: A common (and important) measure of a stock's value is the price/earnings ratio, so an increase in earnings will norma...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What effect does a company's earnings have on the price of its stock? ### Answer: Your autograph analogy seems relevant to me. But it is not just speculation. In the long run, investing in stocks is l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What effect does a company's earnings have on the price of its stock? ### Answer: Market price of a stock typically trades in a range of Price/Earnings Ratio (P/E ratio). Or in other words, price of a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What types of receipts do I need to keep for itemized tax deductions? ### Answer: I would say to only bother keeping the ones you know you'll use for itemized deductions. This includes any unreimburse...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What types of receipts do I need to keep for itemized tax deductions? ### Answer: I err on the side of saving all of mine for a while. Just toss them in a box at least. A years' worth is about the s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What types of receipts do I need to keep for itemized tax deductions? ### Answer: Businesses are only required to keep receipts over $751. However for individuals, I would throw them all in a shoebox ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If one owns 75% of company shares, does that mean that he would have to take upon himself 75% of the company's expenses? ### Answer: A firm is a separate legal person from its shareholders or owners (...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If one owns 75% of company shares, does that mean that he would have to take upon himself 75% of the company's expenses? ### Answer: I think you're looking at the picture in an odd way. When each of y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If one owns 75% of company shares, does that mean that he would have to take upon himself 75% of the company's expenses? ### Answer: I think your question might be coming from a misunderstanding of ho...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If one owns 75% of company shares, does that mean that he would have to take upon himself 75% of the company's expenses? ### Answer: Together the founders represent 100% of the outstanding stock, so t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If one owns 75% of company shares, does that mean that he would have to take upon himself 75% of the company's expenses? ### Answer: You can look at the company separately from the ownership. The comp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If one owns 75% of company shares, does that mean that he would have to take upon himself 75% of the company's expenses? ### Answer: It depends on the business entity. If the entity is a sole propriet...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If one owns 75% of company shares, does that mean that he would have to take upon himself 75% of the company's expenses? ### Answer: Another way to decide would be to do a fair valuation of the compan...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If one owns 75% of company shares, does that mean that he would have to take upon himself 75% of the company's expenses? ### Answer: From your question, it seems your problem is that you have a compan...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If one owns 75% of company shares, does that mean that he would have to take upon himself 75% of the company's expenses? ### Answer: Typically, no. Unless you have a detailed agreement spelling out th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are COBRA premiums deductible when self-employed? ### Answer: The basic idea is that the average person can't deduct health care costs unless they're really onerous. But a business can, and as a self-...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are COBRA premiums deductible when self-employed? ### Answer: I am very late to this forum and post - but will just respond that I am a sole proprietor, who was just audited by the IRS for 2009, and t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are COBRA premiums deductible when self-employed? ### Answer: http://www.ehow.com/about_4625753_cobra-as-selfemployed-health-insurance.html This link makes it clear... it has to be itemized, and is su...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are COBRA premiums deductible when self-employed? ### Answer: When you take the self employed health care deduction on on Line 29 of form 1040 for 2010 it also will lower your self employment tax. Se...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are COBRA premiums deductible when self-employed? ### Answer: COBRA premiums are not deductible on 1040 line 29; to qualify, the IRS says the insurance plan must be in your name (COBRA is in your form...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are COBRA premiums deductible when self-employed? ### Answer: Here is a quote from the IRS website on this topic: You may be able to deduct premiums paid for medical and dental insurance and qualifi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What U.S. banks offer two-factor authentication (such as password & token) for online banking? ### Answer: StasM, It's taken a while but many banks offer tokens - although they tend to limit the acco...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What U.S. banks offer two-factor authentication (such as password & token) for online banking? ### Answer: There are very few banks which offer two-factor authentication. Part of the reason is cost....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What U.S. banks offer two-factor authentication (such as password & token) for online banking? ### Answer: E*Trade offers banking services, and will provide you with a security token free if you have...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What U.S. banks offer two-factor authentication (such as password & token) for online banking? ### Answer: Bank of America supports two-factor authentication using SMS messages, similar to PayPal. Yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What U.S. banks offer two-factor authentication (such as password & token) for online banking? ### Answer: Some credit unions also offer them and support Business banking as well. First Tech Credit U...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What U.S. banks offer two-factor authentication (such as password & token) for online banking? ### Answer: USAA does - that's my bank. Wells Fargo tries to determine whether the online activity is a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Strategies to guarantee arrival time for transfers between banks ### Answer: Transfers are defined to arrive on a specific number of business days, nearly always one business day (if you submit it bef...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How often do stocks become worthless? ### Answer: The only thing that makes a stock worthless is when the company goes out of business. Note that bankruptcy, by itself, does not mean the company is cl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How often do stocks become worthless? ### Answer: Randomly selected stocks would probably become worthless at a similar rate of all businesses going out of business do. I'm not sure why you'd randoml...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do banks finance shared construction as mortgages instead of financing it directly and selling the apartments in a building? ### Answer: Remember that risk should correlate with returns, in an inv...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do banks finance shared construction as mortgages instead of financing it directly and selling the apartments in a building? ### Answer: Grade 'Eh' Bacon answers it well, the issue is risk. To exp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do banks finance shared construction as mortgages instead of financing it directly and selling the apartments in a building? ### Answer: The most succinct answer is "Banks are in the Money busines...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do banks finance shared construction as mortgages instead of financing it directly and selling the apartments in a building? ### Answer: Assumption - you live in a country like Australia, which ha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do banks finance shared construction as mortgages instead of financing it directly and selling the apartments in a building? ### Answer: Why should a bank get into construction specifically? Lots ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do banks finance shared construction as mortgages instead of financing it directly and selling the apartments in a building? ### Answer: Historically, Banks are mandated to take relatively safe ri...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do banks finance shared construction as mortgages instead of financing it directly and selling the apartments in a building? ### Answer: Banks should be risk averse by default. They make loans to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do banks finance shared construction as mortgages instead of financing it directly and selling the apartments in a building? ### Answer: The core competency of banks is to lend money from deposito...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do banks finance shared construction as mortgages instead of financing it directly and selling the apartments in a building? ### Answer: You seem to underestimate the risk of this deal for the inv...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I pay taxes on my earnings, would someone also pay taxes on the same earnings if I subcontract them and pay a share? ### Answer: If you want to subcontract some of your excess work to somebody else...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is there such disparity of max contribution limits between 401K accounts and regular IRA accounts? ### Answer: The 401k was not written with the specific intent of enabling retirement savings. Wh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is there such disparity of max contribution limits between 401K accounts and regular IRA accounts? ### Answer: IRAs were invented to help individuals save for retirement. 401(k)s were invented to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is there such disparity of max contribution limits between 401K accounts and regular IRA accounts? ### Answer: The investments offered in 401K are usually limited to a selection of mutual funds of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: The amount of money you have should be enough for you to live a safe but somewhat restricted life if you never worked again - ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: Pay off the credit cards. From now on, pay off the credit cards monthly. Under no circumstances should you borrow money. Yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: You need the services of a hard-nosed financial planner. A good one will defend your interests against the legions of creeps t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: Until you get some financial education, you will be vulnerable to people wanting your money. Once you are educated, you will ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: If you were the friend of my daughter or some other "trusted" relationship, I would tell you to head on over to Bogleheads.org...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: Others have given a lot of advice about how to invest, but as a former expat I wanted to throw this in: US citizens living an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: Since the question asked for options, rather than advice, I’ll offer a few. And you can ignore the gratuitous advice that may...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: You should invest your money. To figure out what rate of return you need, use this equation: (How Much Money You Want Per Year...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: Former financial analyst here, happy to help you. First off, you are right to not be entirely trusting of advisors and attorne...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: You need to find a fiduciary advisor pronto. Yes, you are getting a large amount of money, but you'll probably have to deal wi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: Wow, everyone tells you different investment strategies. You have all your life ahead of you. Your main focus should not be ge...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: Something not in answers so far: define your goals. What is important to you? My goals, if I were in your shoes, would inclu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: When I was in a similar situation (due to my stocks going up), I quit my job and decided that if I live somewhat frugally, I w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: Firstly, sorry about the accident. I am afraid you will need to do your own legwork, because you cannot trust other people wit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: I'm surprised nobody else has suggested this yet: before you start investing in stocks or bonds, buy a house. Not just any hou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: If you can still work, I think a very good course of action would be to invest the majority of the money in low-cost index fun...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: I agree with Grade 'Eh' Bacon's answer, but there are a couple of ideas that are relevant to your particular situation: If I w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: This may be a great idea, or a very bad one, or it may simply not be applicable to you, depending on your personal circumstanc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: Windfalls can disappear in a heartbeat if you're not used to managing large amounts of money. That said, if you can read a ban...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: Lots of good advice so far. Here's some meta-advice. Read through everything here twice, and distill out what the big picture ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: Since you mentioned moving, you can buy real state very cheap here in Mexico that will give you income monthly. I will tell yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: Buy a land and build a house. Then plant wine trees. Hire people after like 5 years and start to do and sell wine. A beautiful...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: That's what I would do; 1.2 million dollars is a lot of money, but it doesn't make you retired for the rest of your life: Ther...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Someone asks you to co-sign a loan. How to reject & say “no” nicely or politely? ### Answer: I'll take an alternate route: honesty + humor. Say something like this with a smile and a laugh, like you k...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Someone asks you to co-sign a loan. How to reject & say “no” nicely or politely? ### Answer: I really don't feel co-signing this loan is in the best interests of either of us. Lets talk about the amo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Someone asks you to co-sign a loan. How to reject & say “no” nicely or politely? ### Answer: I have been in this situation and I essentially went for the truthful answer. I first explained that co-si...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Someone asks you to co-sign a loan. How to reject & say “no” nicely or politely? ### Answer: I'm going to be buying a house / car / home theater system in the next few months, and this loan would show...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Someone asks you to co-sign a loan. How to reject & say “no” nicely or politely? ### Answer: Simple and straight-forward. "I'm sorry but I don't co-sign loans. I've heard horror stories (or had bad ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Someone asks you to co-sign a loan. How to reject & say “no” nicely or politely? ### Answer: My reply would be a serious, "Oh my word! I was going to ask you the same thing!....guess that's a no from ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Someone asks you to co-sign a loan. How to reject & say “no” nicely or politely? ### Answer: Oh, how about something like "I'd rather not. It exposes me to more financial liability than I want. If ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Someone asks you to co-sign a loan. How to reject & say “no” nicely or politely? ### Answer: 'If i co-sign that makes me 100% liable if for any reason you can't or won't pay. Also this shows up on a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Someone asks you to co-sign a loan. How to reject & say “no” nicely or politely? ### Answer: This is a real difficult situation and I think the correct way to proceed here is to be honest and straight...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Someone asks you to co-sign a loan. How to reject & say “no” nicely or politely? ### Answer: No, I don't mix business and personal affairs. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How quickly does short float ratio/percent change? ### Answer: The short float ratio and percent change are all calculated based on the short interest (the total number of shares shorted). The short ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Double-Taxation of Royalties paid for in Korea to a US Company ### Answer: If treaties are involved for something other than exempting student wages on campus, you shouldn't do it yourself but talk to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a way to claim a car purchase in the tax return? ### Answer: IRS Publication 463 is a great resource to help you understand what you can and can't deduct. It's not a yes/no question, it depe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a way to claim a car purchase in the tax return? ### Answer: You've got two options. Deduct the business portion of the depreciation and actual expenses for operating the car. Use the IRS s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the proper way to report additional income for taxes (specifically, Android development)? ### Answer: You would report it as business income on Schedule C. You may be able to take deductions ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the proper way to report additional income for taxes (specifically, Android development)? ### Answer: If this is truly hobby income (you do not intend to operate as a business and don't have a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the proper way to report additional income for taxes (specifically, Android development)? ### Answer: I think it depends on who is being paid for your app. Do you have a company the is being ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I deduct equipment expenses for a job I began overseas? ### Answer: A computer is a special case because the IRS thinks that you might be using it for personal applications. You may need to kee...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I deduct equipment expenses for a job I began overseas? ### Answer: I'm not an expert, but here's my $0.02. Deductions for business expenses are subject to the 2% rule. In other words, you can onl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do we know the number of shorted shares of a stock? ### Answer: For a company listed on NASDAQ, the numbers are published on NASDAQ's site. The most recent settlement date was 4/30/2013, and you c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can one get a house mortgage without buying a house? ### Answer: I've never heard of a loan product like that. Yes, if they keep the funds in an account, it is no risk to the bank, but they would esse...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can one get a house mortgage without buying a house? ### Answer: As a legal contract, a mortgage is a form of secured debt. In the case of a mortgage, the debt is secured using the property asset as c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can one get a house mortgage without buying a house? ### Answer: First, many banks do not keep the loan. Even if they send you a payment notice and process the monthly payment, there's still a good ch...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can one get a house mortgage without buying a house? ### Answer: Not unless you have something else to put up as collateral. The bank wants a basic assurance that you're not going to immediately move ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to bear in mind when considering a rental home as an investment? ### Answer: Here would be the big two you don't mention: Time - How much of your own time are you prepared to commit to this? Are ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to bear in mind when considering a rental home as an investment? ### Answer: What are the most important facts to keep in mind as I consider this? IMHO, the most important consideration to keep i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to bear in mind when considering a rental home as an investment? ### Answer: First off, I would label this as speculation, not investing. There are many variables that you don't seem to be consi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to bear in mind when considering a rental home as an investment? ### Answer: Started to post this as a comment, but I think it's actually a legitimate answer: Running a rental property is neither...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to bear in mind when considering a rental home as an investment? ### Answer: Real estate is not an investment but pure speculation. Rental income may make it look like an investment but if you as...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does cryptocurrency mean for governments? ### Answer: Government's tax citizens and businesses in their currency. Earnings (even earnings in cryptocurrencies) are taxable income. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any regulations regards end of loan payment procedures? ### Answer: There are federal regulations that state that: As a result it can be assumed that when a loan is paid off, notification sh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How profitable is selling your customer base? ### Answer: There are business that exist by harvesting leads and selling them to other companies. These leads can be access to resumes they sell to bus...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How profitable is selling your customer base? ### Answer: but what about non-identifying information like emails or even telephone numbers? Are you allowed to do this? Most countries have privacy law...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How profitable is selling your customer base? ### Answer: Yes, some companies sell personal data on their customers, but it almost always means a bad business due to reputation cost. The Financial Ti...