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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are “preferred” stocks? How are they different from normal (common) stocks? ### Answer: I seem not to be able to comment on the first answer due to reputation, so I'll aim to enhanced the first a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 1040 or 1040NR this time? ### Answer: Since you were a nonresident alien student on F-1 visa then you will be considered engaged in a trade or business in the USA. You must file Form 1040NR. Here is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a “reverse wash sale” rule? ### Answer: Yes, the newly bought shares will have a long-term holding period, regardless of when you sell them. In addition, it's only a wash sale if you sold th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would I qualify for a USDA loan? ### Answer: You probably won't get a mortgage. UDSA has a 41% ratio of monthly debt to monthly income limit, and a score of 660 or better. A 250,000 mortgage at curren...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Am I responsible for an annual fee on a credit card I never picked up? ### Answer: In the end, I was not required to pay the fee. After some frustrating initial attempts, I ended up writing a letter a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What expenses do most people not prepare for that turn into “emergencies” but are not covered by an Emergency Fund? ### Answer: Here's a few. Is this what you're looking for? Also this should probably...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the difference when asked for “debit or credit” by a store when using credit and debit cards? ### Answer: Just to add about using debit card as "credit" vs "debit" way: In addition to the diffe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If you buy something and sell it later on the same day, how do you calculate 'investment'? ### Answer: Nothing wrong with the other answers, but here's a "trick" to hopefully make it totally transpare...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I stockpile nickels? ### Answer: The collectible value of coins will probably increase with the underlying metal value. I'd collect coins for that reason and because I enjoy collecting them. I ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is a stock's trade size history publicly available? ### Answer: My Broker and probably many Brokers provide this information in a table format under "Course of Sale". It provides the time, price and v...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should you co-sign a personal loan for a friend/family member? Why/why not? ### Answer: I know this question has a lot of answers already, but I feel the answers are phrased either strongly against, o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is my wash sale being calculated incorrectly? ### Answer: Strangely enough, you have a wash sale, but, for the fact that you sold the shares and then more than 30 days passed, you can take the loss. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does wash sale apply if I buy stock on 2 two different dates and sell it later ### Answer: Is wash rule applicable for this? No - because you made a gain on the sale. You paid $13,500 for the stock a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Short Term Capital Gains tax vs. IRA Withdrawal Tax w/o Quarterly Est. Taxes ### Answer: There is not a special rate for short-term capital gains. Only long-term gains have a special rate. Short-ter...
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: Well, I am an investor/ Lessor under DHA properties. Oflate, DHA lost it identity as a Govt agency and try to imitate a worst (not...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stock Trade Transaction Fee - at what point is it worth it ### Answer: I'm going to assume that you want to be invested all the time and each trade consists in selling a security and buying another on...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a car company lend me money at a very low interest rate? ### Answer: The car company loans you money at 1 or 2% because it is part of the incentive to get you to buy the car. Car company tr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Swap hedging a currency hedge ### Answer: I decided to try this in order to get a feel of it. As far as the interest rates are concerned, it works. You can set it up and forget about holding time as l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Under what circumstance will the IRS charge you a late-payment penalty for taxes? ### Answer: Years ago I mailed my personal tax return one day after the due date, and my check was deposited as normal...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy car vs lease vs long term rent for 10 years period ### Answer: This question has been asked and answered before. Financially, owning a car will be more economical than leasing one in most cases. T...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do dividend reinvestment purchases work? ### Answer: As far as I know, it has the same price, and effects on the market, as any other transaction... ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are traders 100% responsible for a stock's price changes? ### Answer: Yes traders, living or algorithmic, are the only direct factors that can cause a change in the price of a marketable item. Traders...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to Calculate Profit and Loss for trading position? ### Answer: Month to date For the month to date (MTD), the price on Feb 28th is $4.58 and the price on March 16th is $4.61 so the return is which...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does material nonpublic information cover knowledge of unannounced products? ### Answer: So is knowledge of unannounced products simply not considered material nonpublic information? Well "material" i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When are payroll taxes due in the US? ### Answer: It depends on the size of the payroll, not on the number of employees. Probably you need to file Form 941 quarterly under this scenario. You may or ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I use a TSP loan? ### Answer: Never borrow money to purchase a depreciating asset. Especially don't borrow money that has penalties attached. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My investment account is increasingly and significantly underperforming vs. the S&P 500. What should I do? ### Answer: absolutely $SPY ETF is the way to go if your point of comparison is the S&P and y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying shares in employer's company during IPO ### Answer: So the key factor here, IMHO, is the amount we are talking about. $2K is just not a lot of money. If you lose every penny, you can recover....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does it make any sense to directly contribute to reducing the US national debt? ### Answer: At its heart, I think the best spirit of "donation" is helping others less fortunate than yourself. But as l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If the co-signer on my car loan dies, can the family take the car from me like they're threatening to? ### Answer: If you've been paying on the car for three years, it's possible that your credit is i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What if I sell an stock that is going to give an stock dividend after the ex-date but before the payable date ### Answer: I know that in the case of cash dividends I will get the dividend as long as I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is day trading considered riskier than long-term trading? ### Answer: Often times the commission fees add up a lot. Many times the mundane fluctuations in the stock market on a day to day basis ar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do “Instant Approved” credit card inquires appear on credit report? ### Answer: You'll see a hard inquiry for both, but not necessarily on all three agencies (Experian, TransUnion and Equifax). I have...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why doesn't Graham consider gold as an investment? ### Answer: During Graham's career, gold and currency were the same thing because of the gold standard. Graham did not advise investing in currencies...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are 'per trade' fees charged on every order or just once per stock? ### Answer: In my experience they charge you coming and going. For example, if a brokerage firm is advertising that their commission...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I charge my children interest when they borrow money? ### Answer: As per the age of your son you mentions i would suggest Yes, charge them an interest amount but lesser than the market rate. An...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the difference between Buy and Sell price on the stock exchange [duplicate] ### Answer: The same as when you are buying a car. If a dealer quotes 10k and you quote 8k. 8k is the buy price and 1...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I take advantage of tax-advantaged investments? ### Answer: While your entire investment strategy should not revolve around tax advantages, people who pay attention to these benefits can save ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is the stock market price for a share always higher than the earnings per share? ### Answer: First, the earnings are per year, not per quarter. Why would you expect to get a 100% per year return ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My landlord is being foreclosed on. Should I confront him? ### Answer: If John signs the lease he is entitled to stay there for the duration of the lease regardless of the foreclosure status. http:/...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it best to exercise options shares when they vest, or wait ### Answer: To me it depends on things like your net worth, debt, and how other assets are invested. Currently you have 25K invested in ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it normal to think of money in different “contexts”? ### Answer: Well, this relates to how you interpret something's value. We can use that magazine and restaurant as an example. For you the extra ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is Insider Trading Illegal? ### Answer: Capitalism works best when there is transparency. Your secret formula for wealth in the stocks should be based on a fair and free market, as sdg said, it i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do mutual fund trading limitations exist? e.g. 90 day transfer limits? ### Answer: Mutual funds (that are not exchange-traded funds) often need to sell some of their securities to get cash when a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are U.S. credit unions not open to everyone? ### Answer: It's required by law. 12 USC 1759 (b) requires that membership in a credit union be limited to one or more groups with a "common bond", or...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is Cost of Living overstated? ### Answer: I live in Upstate NY. It's a great, reasonable cost place to live -- provided that you have a job. In NYC, there are probably a few hundred jobs with duties ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I read technicals for tickers that move together but are slightly different? ### Answer: Following comments to your question here, you posted a separate question about why SPY, SPX, and the opt...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Events that cause major movement in forex? ### Answer: Look for unsustainable policies and actions by policy makers, both before and possibly during, when looking at the ForEx markets. Consider some ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I get the most value from my employer's ESPP? ### Answer: A 15% discount is a 17.6% return. (100/85 = 1.176). For a holding period that's an average 15.5 days, a half month. It would be silly ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Need to change cash to cashier's check without bank account (Just arrived to the US) ### Answer: If you have an SSN and foreign passport - it's all you need to open account, so just open it and order ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I open a credit card when I turn 18 just to start a credit score? ### Answer: Assuming I only use it to buy things I can afford (which I trust myself to do), essentially treating it as a debi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why small retail stores ask for ID with a credit card while big don't ### Answer: Probably because large chains can absorb the loss from fraud better than small stores do. Thus, small stores want to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I estimate business taxes / filing fees for a business that has $0 income? ### Answer: Is the business an S-Corp, LLC or Sole Prop? I am going to guess based on the question that it is an LLC ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investment property information resources ### Answer: I personally found the "For Dummies" books, on property investment, very helpful and a great primer. I found them unbiased and very informative, l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a company charge you for services never requested or received? ### Answer: I have had a couple of businesses do this to me. I simply ask them to come over to talk about the bill. Sometimes this ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible for me to keep my credit card APR at 0% permanently? ### Answer: No. The intro rate is a gambit by the bank - they accept losing money in the short term but expect to gain money in the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing in dividend-yielding stocks with money borrowed from margin account? ### Answer: In addition to the other answers, here's a proper strategy that implements your idea: If the options are pric...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do small cap stocks perform vs. large cap stocks (like Dow constituents) during bear trends? ### Answer: To a certain extent, small cap companies will in general follow the same trends as large ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the lifespan of a series of currency? ### Answer: US currency doesn't expire, it is always legal tender. I can see some trouble if you tried to spend a $10,000 bill (you'd be foolish to do so...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you beat the market by investing in double long ETFs? [duplicate] ### Answer: You miss the step where the return being doubled is daily. Consider you invested $100 today, went up 10%, and tomorrow...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do my 401k/Roth accounts benefit from compounding? ### Answer: Sure, stocks don't pay interest. I just looked up the word "compound" in a couple of dictionaries and the relevant definition in all of t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Did an additional $32 billion necessarily get invested into Amazon.com stock on October 26th, 2017? ### Answer: The market capitalization of a stock is the number of shares outstanding (of each stock ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Figuring flood insurance into financing cost ### Answer: Self-insure a $250K+ house that's deemed to be in a flood zone? Wake up, have coffee. If you don't change your mind, have another cup. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay or not pay charged-off accounts for mortgage qualification ### Answer: Your post has some assumptions that are not, or may not be true. For one the assumption is that you have to wait 7 years afte...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I prepare for the next financial crisis? ### Answer: How would gold have protected you during the 2007/8 crisis? In no way, shape or form. The ways to protect yourself at any time are: Bor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What publicly available software do professional stock traders use for stock analysis? ### Answer: Bloomberg Professional seems to be very popular. It provides any kind of data you can imagine. Analys...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do dividend reinvestment purchases work? ### Answer: The Brokerage firm will purchase shares for the dividend paid in a omnibus account for the security of the issuer and then they will distribute...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Credit Card Approval ### Answer: Banks use quite a few parameters to arrive at the decision for card approval. The credit score is just one input. There are multiple other inputs it would source, for ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Insurance for a house which is not homeowners insurance? ### Answer: What you need will depend on a number of factors that aren't clear from the question. This coverage is simply called "Vacant home i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: which types of investments should be choosen for 401k at early 20's? ### Answer: I can't find a decent duplicate, so here are some general guidelines: First of all by "stocks" the answers generally me...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In a competitive market, why is movie theater popcorn expensive? ### Answer: It's called extracting consumer surplus. Basically I have a bunch of movie goers (who have paid a lot for their tickets). S...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: College student lacking investment experience: How to begin investing money? ### Answer: If you have wage income that is reported on a W2 form, you can contribute the maximum of your wages, what you c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: income tax for purchased/sold short term & long term shares ### Answer: No Tax would have been deducted at the time of purchase/sale of shares. You would yourself be required to compute your tax liabi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Transfering funds from India to the US ### Answer: Can I transfer funds from India to USA which I have borrowed in India. Funds borrowed in India may not be transferred outside of India as per Foreign...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I open a Solo 401(k) if I am an independent contractor but also work part-time as an employee? ### Answer: If you have self-employment income you can open a Solo 401k. Your question is unclear as...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does my bank suddenly need to know where my money comes from? ### Answer: Banks have a financial, and regulational duty called "Know your customer", established to avoid a number of historical pro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a multi-family home to rent part and live in the rest ### Answer: Think carefully about the added expenses. It may still make sense, but it probably won't be as cheap as you are thinking. In ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can we compare peer-to-peer loans to savings accounts? ### Answer: That argument is an argument for investing generally, not peer-to-peer lending per se, and the argument as phrased ("thus you should ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How safe is a checking account? ### Answer: In addition to @mhoran_psprep answer, and inspired by @wayne's comment. If the bank won't let you block automatic transfers between accounts, drop the bank...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should a high-school student invest their (relative meager) savings? ### Answer: Between 1 and 2 G is actually pretty decent for a High School Student. Your best bet in my opinion is to wait the next...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Good way to record currency conversion transactions in personal accounting software? ### Answer: I found an answer by Peter Selinger, in two articles, Tutorial on multiple currency accounting (June 20...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why deep in the money options have very low liquidity ### Answer: There is less liquidity because they are less volatile. Option traders aren't exactly risk averse (read: are degenerate gamblers) and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why deep in the money options have very low liquidity ### Answer: One reason might be the 100% margin requirement on long options. Suppose I want to go long AAPL. I could get a deep ITM call or buy...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ownership in company and rounds of investment ### Answer: Say the company has created 500 shares [or whatever number]. You have 10 shares [equivalent of 2%]. Now when new capital is needed, generally ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I have to explain the source of *all* income on my taxes? ### Answer: @RonJohn's answer for pallet of $20's is right for the specific case. For the general case of all income, it depends on whether...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Overnight charges for brokers holding stocks? ### Answer: If you are trading CFDs, which are usually traded on margin, you will usually be charged an overnight financing fee for long positions held ov...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Technical Analysis not working ### Answer: I would echo @Victor's comments. One book and 1000 web pages doesnt make you a good investor/trader. There are some basic things you should be aware of and r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where do short-term traders look for the earliest stock related news? ### Answer: There's a whole industry devoted to this. Professionals use Bloomberg terminals. High Frequency Traders have computer...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there anything comparable to/resembling CNN's Fear and Greed Index? ### Answer: There are a number of ways to measure such things and they are generally called "sentiment indicators". The ones tha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What do I do with a P11D Expenses & Benefits form? ### Answer: The P11D is a record of the total benefits you've received in a tax year that haven't been taxed in another way, a bit like the P60 is a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can my rent to own equity be used as a downpayment? ### Answer: I think you need to go to a local bank and ask. The key thing is paper trail. For any mortgage I've gotten on a new purchase, the bank n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Car dealer saying that they cannot see any credit information for my co-applicant. Could this be a scam? ### Answer: Its not a scam. The car dealership does not care how you pay for the car, just tha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the ins/outs of writing equipment purchases off as business expenses in a home based business? ### Answer: Keep this rather corny acronym in mind. Business expenses must be CORN: As other pos...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Advice for opening an IRA as a newbie ### Answer: If you want to 'offset' current (2016) income, only deductible contribution to a traditional IRA does that. You can make nondeductible contributions t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When to hire an investment professional? ### Answer: I don't know what you mean by 'major'. Do you mean the fund company is a Fidelity or Vanguard, or that the fund is broad, as in an s&P fund? The p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does the premium of an option of a certain strike price increase at a slower rate from OTM to ITM as gamma affects delta? ### Answer: If we assume constant volatility, gamma increases as the stock get...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: At what interest rate should debt be used as a tool? ### Answer: It's tough to borrow fixed and invest risk free. That said, there are still some interesting investment opportunities. A 4% loan will c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any investment strategies which take advantage of an in-the-money option price that incorporates no “time value”? ### Answer: you asked for strategies which use deep in the money options: d...
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: I think that those options might well be your best bet, given the potential 700% return in one year i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Expecting to move in five years; how to lock mortgage rates? ### Answer: If interest rates have gone up, don't sell when you move. Refinance to lock in a low rate and rent out your current house when ...