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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any disadvantages to DHA Investment Properties? ### Answer: I think the strongest reason against DHA purchases (I don't consider them investments) is points 3 and 5 mentioned above. The resa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay off my mortgage, begin retirement savings, or build my emergency fund? ### Answer: Welcome to Money.SE. I will say upfront, Personal Finance is just that, personal, and you are likely to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My university has tranfered me money by mistake, and wants me to transfer it back ### Answer: Confirming whether the payment was an error The simplest method is to confirm manually with the University...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to make money by getting a mortgage? ### Answer: This answer is based on Australian tax, which is significantly different. I only offer it in case others want to compare situations. In ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do with my $10K windfall, given these options? ### Answer: I've been listening to Dave Ramsey a lot lately, and he encourages (encourage might be too light of a word for him) this priori...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does doing your “research”/“homework” on stocks make any sense? ### Answer: TL;DR: Sure, "do your own homework" is sometimes a cop out. But that doesn't mean we shouldn't do our homework. I agree that...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any sort of tax write off for unfulfilled pay checks? ### Answer: Unfortunately, no. Think about the numbers. If you work for me, and I pay you $1000, you owe tax on $1000. If you still work...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Filing 1040-NR when I have been outside the US the entire year? ### Answer: Yes, you can still file a 1040nr. You are a nonresident alien and were: engaged in a trade or business in the United States...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What considerations are there for making investments on behalf of a friend? ### Answer: There's a sizable community of people and fiscal advisers who advocate not managing the money at all. Set your p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Borrowing money to buy shares for cashflow? ### Answer: Buying individual/small basket of high dividend shares is exposing you to 50%+ and very fast potential downswings in capital/margin calls. There...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to rebalance a passive portfolio if I speculate a war is coming? ### Answer: Normally, in a war everybody suffers and the entire economy goes down. Military contractors do better than average, but...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to learn about doing technical analysis? Any suggested programs or tools that teach it? ### Answer: I recall the name Martin Pring. As my fundamental analysis book from grad school was the work o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I find historical United States treasury note volume? ### Answer: The Securities Industry and Financial Markets Association (SIFMA) publishes these and other relevant data on their Statistic...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: As an American working in the UK, do I have to pay taxes on foreign income? ### Answer: A) a tax treaty probably covers this for the avoidance of double taxation. Tax treaties can be very cryptic and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Trouble sticking to a budget when using credit cards for day to day transactions? ### Answer: In your comment in response to this answer, you said that your biggest issue is oversight, which you can d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the difference between Term and Whole Life insurance? ### Answer: For most people Term is the way to go. I consider life insurance a necessity not an investment. See this article on SmartMoney....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the difference between FINRA share volume and NASDAQ share volume? ### Answer: Assuming the data you're referring to is this line: the difference might be related to the different exchanges on...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: On what time scales are stock support and resistance levels meaningful? ### Answer: Support and resistance only works as a self-fulfilling prophecy. If everyone trading that stock agrees there's a res...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a entrepreneur hire a self-employed business owner? ### Answer: Yes. I can by all means start my own company and name myself CEO. If Bill Gates wanted to hire me, I'll take the offer and still be ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the effect of options expiration on equity pricing? ### Answer: Institutions and market makers tend to try and stay delta neutral, meaning that for every options contract they buy or write, th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't banks print their own paper money / bank notes? ### Answer: Who says they don't? In the United Kingdom the Bank of England and the Bank of Scotland print the money. In some other countries (...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is this Employee Stock Purchase Plan worth it when adding my student loan into the equation? ### Answer: The closer the contribution is to the December 31st date, the more profitable that specific con...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What effect would currency devaluation have on my investments? ### Answer: First, a clarification. No assets are immune to inflation, apart from inflation-indexed securities like TIPS or inflation-ind...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to split stock earnings? ### Answer: If he asked you to invest his money with certain objectives which resulted in you buying specific stocks for him with his money, then sell all the stocks which...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I save on closing costs when buying a home? ### Answer: As a buyer, one of the easiest ways to save on closing costs is to avoid title insurance. This will only apply if you are a cash buyer,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why won't my retirement account let me write a “covered put”? ### Answer: You're correct in your implied point: Selling a cash secured put has less risk (in terms of both volatility and maximum loss) ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying taxes on dividends even though your capital gains were $0? ### Answer: The issue for you seems to be the sequence of events. Presumably, there will be a gain in the fund. In one year, you have ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Borrowing money to buy shares for cashflow? ### Answer: Maybe a bit off topic, but I suggest reading "Rich Dad Poor Dad" by Robert Kiyosaki. An investment is something that puts money to your pocket. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying for things on credit and immediately paying them off: any help for credit rating? ### Answer: The biggest risk is Credit Utilization rate. If you have a total of $10,000 in revolving credit (i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Covered call when stock position is at a loss ### Answer: I don't think you understand options. If it expires, you can't write a new call for the same expiration date as it expired that day. Also what...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why won't my retirement account let me write a “covered put”? ### Answer: A "covered put" of the form of being short, and buying at the strike price if the "put ... is put" (excercise), is off the tab...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which student loans to pay off first: Stafford or private? ### Answer: Without knowledge of the special provisions of your loan contract, the one with the highest interest rate should be paid first. O...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros & cons in Hungary of investing retirement savings exclusively in silver? What better alternatives, given my concerns? ### Answer: The points given by DumbCoder are very valid. Diversifying portfo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does the stock market create any sort of value? ### Answer: You are right, it is a Ponzi scheme unless it pays all of the profits as dividends. Here's why: today's millenials are saving a lot less, an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does the Fed use PCE over CPI? ### Answer: The reason is in your own question. The answer is simple. They use that code to tax the product otherwise it would just be out of pocket expenses. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would I vote for an increase in the number of authorized shares? ### Answer: I'll skip the "authorizing...." and go right to uses of new shares: Companies need stock as another liquid asset for a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's a normal personal debt / equity ratio for a highly educated person? ### Answer: What is your biggest wealth building tool? Income. If you "nerf" your income with payments to banks, cable, cre...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any reason to keep IRAs separate? ### Answer: I don't know about keeping different rollover IRAs separate. But I know that there is a reason to keep rollover IRAs separate from other traditional IRAs ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Official site to follow Warren Buffet's Berkshire Hathaway change in investment holdings? ### Answer: The official source is the most recent Form 13F that Berkshire Hathaway, which is filed with the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dealing with Form 1099 ### Answer: Am I required to send form 1099 to non-US citizens who are not even residing in the US? Since they're not required to file US taxes, do I still have to send the form...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to fix Finance::Quote to pull quotes in GnuCash ### Answer: The Yahoo Finance API is no longer available, so Finance::Quote needs to point at something else. Recent versions of Finance::Quote can...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it ever a good idea to close credit cards? ### Answer: The only good reason I find to close cards are: it's a card with an annual fee that you don't need. No point bleeding money each year. churni...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best way to make a bet that a certain stock will go up in the medium term? ### Answer: Specific stock advice isn't permitted on these boards. I'm discussing the process of a call spread wi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How hard for US customers make payments to non-resident freelancer by wire transfer? ### Answer: Can you tell me please, is it really hard to make international wire transfer for payment my job and ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it that stock prices for a company seem to go up after a layoff? ### Answer: If the market believes that the company is overstaffed, then management acknowledging the issue and resolving the pr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can people have such high credit card debts? ### Answer: You must understand that not everyone has or can get credit cards. Consider that those who are in the the lowest 20-30% of income tend to h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How companies choose earnings release dates, & effect on Implied Volatility ### Answer: I can't speak authoritatively to your broader question about stocks in general, but in several years tracking AA...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would I need to keep track of 1099s? ### Answer: You have to file and issue each one of them a 1099 if you are paying them $600 or more for the year. Because you need to issue a 1099 to them (so they ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using credit card points to pay for tax deductible business expenses ### Answer: For simplicity, let's start by just considering cash back. In general, cash back from credit cards for personal use is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't SPY, SPX, and the e-mini s&p 500 track perfectly with each other? ### Answer: As Ross says, SPX is the index itself. This carries no overheads. It is defined as a capitalization-weighted mix...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a checking account and how does it work? ### Answer: A checking account is one that permits the account holder to write demand drafts (checks), which can be given to other people as payment an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can saving/investing 15% of your income starting age 25, likely make you a millionaire? ### Answer: Millionaire, Shmillionaire! Let's do this calculation Bruno Mars style (I wanna be a Billionaire...)...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the formula for determining estimated stock price when I only have an earning per share number? ### Answer: See this link...I was also looking an answer to the same questions. This site expla...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: why do I need an emergency fund if I already have investments? ### Answer: Emergency funds have a very specific and obvious benefit; you'll have money sitting around in case you need it. A lot of peo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I received $1000 and was asked to send it back. How was this scam meant to work? ### Answer: I've skimmed through the answers given and I'd like do add another possible scenario. I've recently heard ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I earn $75K, have $30K in savings, no debt, rent from my parents who are losing their home. Should I buy a home now or save? ### Answer: For the vast majority, "buying" a house via a mortgage is not a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best starting options to invest for retirement without a 401k ### Answer: First, check out some of the answers on this question: Oversimplify it for me: the correct order of investing When you have de...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In what cases can a business refuse to take cash? ### Answer: They don't have to take cash if they reasonably told you in advance they don't take cash, because they made fair effort to prevent you fro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I not have a credit score? ### Answer: I'm the contrarian in the crowd. I think credit scores and debt are the closest thing to evil incarnate. You're in good company. The absence of a credit score...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What strategies can I employ to minimize estate taxes? ### Answer: You want to leave your estate assets to your heirs, and you don't want them to be burdened with a huge tax bill. Fortunately, there a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Questioning my Realtor ### Answer: A mortgage lender will not usually lend more than they could get if they had to repossess the property and sell it to recover their investment (in the U.S. it is gen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay cash or prefer a 0% interest loan for home furnishings? ### Answer: Remember that due to inflation you are paying back the loan with cheaper dollars in the future. If there are no gimmic...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Missing opportunity cost of mortgage prepayment ### Answer: One other consideration is that by paying off your mortgage early versus, for example, investing that capital in a mutual fund is that you a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I determine how much my car insurance will cost me? ### Answer: Accidents and tickets more than 3 years old generally won't affect you. I use an insurance broker who shops a bunch of differe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay off my credit card online immediately or wait for the bill? ### Answer: It probably doesn't matter since your credit and your checking are at the same institution, but I don't like to let...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What can cause rent prices to fall? ### Answer: Sure! Anything that affects the balance of supply and demand could cause rent prices to fall. I'll betcha rent prices in Wilmington, Ohio collapsed when...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dalbar: How can the average investor lose money? ### Answer: How is it possible for the average investor to underperform the market? The "average" investor probably makes some bad decisions. You also ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: At what point should I begin paying off student loans? ### Answer: All great answers. The only thing I didn't see mentioned was that student loans are not dischargable in a bankruptcy. So for example ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I buy a new house before selling my current house? ### Answer: As the other answers suggest, there are a number of ways of going about it and the correct one will be dependent on your situation (a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the benefits of opening an IRA in an unstable/uncertain economy? ### Answer: Regarding investing in gold vs. stocks, I don't think I could say it better than Warren Buffett: You could take al...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I build wealth? ### Answer: Many CEOs I have heard of earn a lot more than 200k. In fact a lot earn more than 1M and then get bonuses as well. Many wealthy people increase there wealth by inves...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What do I need to start trading in the NSE (National Stock Exchange)? ### Answer: Yes, you can open a Trading Account at one place and a Demat Account at another place. Therefore you can open Trading ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I determine which stores are regarded as supermarkets for a rewards credit card? ### Answer: Each company that has an account with the credit card network has to classify themselves as a parti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does Bank of America sometimes refer to itself as Banc of America on some documents? ### Answer: From https://secure.wikimedia.org/wikipedia/en/wiki/Banc: Banq (also Banc, banc-corp, bancorp, or b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is stock price determined? ### Answer: Yes, stock price is determined by the last trade price. There are always going to be people who have put in a price to buy a stock (called a bid price) and p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a house, how much should my down payment be? ### Answer: The reason to put more money down or accept a shorter maximum term is because the bank sweetens the deal (or fails to sour it in some fa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I pay for school to finish my degree when I can't get a student loan and have bad credit? ### Answer: Here's what you can do: roll up your sleeves and get to work. Work 2 or 3 jobs while you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I find the nominal price of a stock prior a split into multiple companies? ### Answer: When Hewlett Packard split they changed their name to HP Inc. and spun off Hewlett Packard Enterprise a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a good asset allocation for a 25 year old? ### Answer: In my opinion, the key variable for you (and others) is not age, but "vintage." Your "age" suggests that you were born in the mid-1980s, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it accurate to say that if I was to trade something, my probability of success can't be worse than random? ### Answer: In theory, in a perfect world, what you state is almost true. Apart from trans...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: UK university student finance - should I use my sponsorship money to pay the debt? ### Answer: Borrow the lot (as your family recommended)! The extra money will come in useful when you want to buy a h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Real Estate: Please review my recent investment (with numbers from recent purchase) ### Answer: Okay so I am going to break this answer into a couple sections: Okay so first things first. Did you get ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What taxes are assessed on distributions of an inherited IRA? ### Answer: All transactions within an IRA are irrelevant as far as the taxation of the distributions from the IRA are concerned. You can...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do Americans have to file taxes, even if their only source of income is from a regular job? ### Answer: For two reasons: 1- People are entitled to deductions and credits that your employer cannot ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a stock opening price differ from the offering price? ### Answer: The offering price is what the company will raise by selling the shares at that price. However, this isn't usually what the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay half a large balance this month before I get my CC statement? ### Answer: Utilization is near real-time. What that means is that what is reported is what is taken in terms of debt-to-inco...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a house for a shorter term ### Answer: If there are a lot of houses for sale, can you be sure that in a year or two you can sell yours? How long does the average house in that area stay on the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is a probability cone read? ### Answer: A number of ways exist to calculate the chances of a particular outcome. Options, for example, use current price, cost of money, and volatility among other ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Disputing Items to Improve Credit Report ### Answer: Disputing the remark seems unlikely to move your score, since it is just that -- a remark. It's hard to say whether the scoring models can/do read...
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: What one bit of financial advice do you wish you could've given yourself five years ago? ### Answer: I wish I would have: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Canadian personal finance software with ability to export historical credit card transactions? ### Answer: Yodlee and Mint are good solutions if you don't mind your personal financial information bein...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ordering from Canada, charged in CAD or USD? ### Answer: Typically, businesses always charge their 'home' currency, so if the shop is in Canada, you will pay Canadian Dollars. Normally you don't have ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does ExxonMobil's balance sheet show more liabilities than assets? ### Answer: I believe you are missing knowledge of how to conduct a ratio analysis. Understanding liquidity ratios, specifically ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Taking a car loan vs cash and effect on credit score ### Answer: Imagine that your normal mode of using credit gets you a score of X. As time goes by your score trends upward if the positive items (le...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: A guy scammed me, but he gave me a bank account number & routing number. Can I use that to take out what he owes me? ### Answer: You're potentially in very deep water here. You don't know who this per...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For insurance, why should you refuse $4,000/year for only 10 years and prefer $500/year indefinitely? ### Answer: The breakeven amount isn't at 8 years. You calculated how many years of paying $500 it...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 1099 Misc for taking care of foreign exchange students ### Answer: According to Intuit, you cannot claim the $50 charitable contribution, so the entire $2000 / month will be taxable instead of $1900. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do Banks Cause Inflation? What are other possible causes? ### Answer: No, it isn't generally believed that inflation is caused by individual banks printing money. Governments manage money supply thr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any advantage to exercising ISO's in company that is not yet public? ### Answer: As far as I know, the AMT implications are the same for a privately held company as for one that is publicly traded. W...