Datasets:
circircircle
/
FinQA

Dataset card Data Studio Files
xet
 Community
text
stringlengths
146
45.7k
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Average Price of a Stock ### Answer: Edit3: Regarding the usefulness of the bare number itself, it is not useful unless, for example, an employer uses that average in the computation of how many optio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who owns NASDAQ? Does it collect fees from stock transactions? ### Answer: NASDAQ OMX Group owns NASDAQ, a stock exchange. It is a corporation, and is listed on the NASDAQ as NDAQ. It makes money by: ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: One of my stocks dropped 40% in 2 days, how should I mentally approach this? ### Answer: Did you read Soichiro Honda's biography? He is the founder of Honda Motor. His plant was destroyed by an earthq...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Question about Tax Information from a Prospectus ### Answer: A mutual fund could make two different kinds of distributions to you: Capital gains: When the fund liquidates positions that it holds, it m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is being a landlord a good idea? Is there a lot of risk? ### Answer: Rather than thinking of becoming a landlord as a passive "investment" (like a bank account or mutual fund), it may be useful to thi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If the former owner of my home is still using the address, can it harm me? ### Answer: Don't worry about it. One of the big banks who like to whine a lot about defaulting borrowers is sending credit c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First time homeowner and getting a mortgage? ### Answer: First of all, think of anyone you know in your circle locally who may have gotten a mortgage recently. Ask him, her, or them for a recommendat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to pay bills for one month while waiting for new job? ### Answer: A traditional bank is not likely to give you a loan if you have no source of income. Credit card application forms also ask for yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to see a portfolio's overall profit or loss on Yahoo Finance? ### Answer: The steps that I could imagine following: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a Company which is listed at OTC and TSX considered to be serious? ### Answer: The assumption that companies listed OTC are not serious is far from the truth. Many companies on the OTC are just st...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who can truly afford luxury cars? ### Answer: Most of the people I know that own them are slightly older, and thus in their prime earning years, and many have paid off their homes. That can free up $1...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: give free budgeting advice ### Answer: The counsel of a friend doesn't come with a legal or professional liability. The key to doing this sort of thing successfully is to respect boundaries. You are p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens if one brings more than 10,000 USD with them into the US? ### Answer: Bad plan. This seems like a recipe for having your money taken away from you by CBP. Let me explain the biases which...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it worth investing in Index Fund, Bond Index Fund and Gold at the same time? ### Answer: Index funds can be a very good way to get into the stock market. It's a lot easier, and cheaper, to buy a fe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I owe taxes if my deductions are higher than my income? ### Answer: I'm going to echo Phil and say that you should add more information. That being said, I think it is possible for you to owe the g...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to sell when your financial needs change, stocks or bonds? ### Answer: You are right about the stock and index funds, with dollar cost averaging over several years, the daily price of the securit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do stocks gap up after a buyout is announced? ### Answer: The "random walk" that you describe reflects the nature of the information flow about the value of a stock. If the flow is just little bi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell when my stocks are growing? ### Answer: If you feel comfortable taking an 8% gain on your stocks, then yes, you should sell. It is generally a good idea to know when you want to sell (ei...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Question about data from FTSE 100 ### Answer: Open, high, low, close, volume. The hint is that volume on new years day is 0. DC's comment is actually a better answer than mine - when given any data s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can someone help me understand my student loans? ### Answer: First to actually answer the question "how long at these rates/payments?"- These is nothing magic or nefarious about what the bank is doin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a stock's price represent current liquidation of all shares? ### Answer: What if everyone decided to sell all the shares at a given moment, let's say when the stock is trading at $40? It would fa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When buying a call option, is the financial stability of the option writer relevant? ### Answer: In the case of regulated, exchange-traded options, the writer of an options contract is obliged to main...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any Tips on How to Get the Highest Returns Within 4 Months by Investing in Stocks? ### Answer: Invest in an etf called SPXS and hope for a market correction in the next month. Or if you know a lot abo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can someone explain recent AAMRQ stock price behavior to me? ### Answer: There are things that are clearly beyond me as well. Cash per share is $12.61 but the debt looks like $30 or so per share. I lo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Problems with Enterprise Value and better valuation techniques ### Answer: This is a tough question SFun28. Let's try and debug the metric. First, let's expand upon the notion share price is determin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Gigantic point amount on rewards card - what are potential consequences? ### Answer: An ideal option for you would be to use as many or as few as you choose, but have all of them available to you. The...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I want to take cash from Portugal to the USA, should I exchange my money before leaving or after arriving? ### Answer: I would just rely on the salary from my job in the US. If you don't have a job...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ways to save for child's college education where one need not commit to set contributions? [duplicate] ### Answer: Since this post was migrated from Parenting, my reply was in the context where it app...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What can I replace Microsoft Money with, now that MS has abandoned it? ### Answer: I used to use Quicken, but support for that has been suspended in the UK. I had started using Mvelopes, but support ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing small amounts at regular intervals while minimizing fees? ### Answer: I think your best bet would be commission-free ETFs, which have no minimum and many have a share price under $100. Most ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does F[YY]e mean in reporting ### Answer: It means it's estimate and not final numbers and generally used for future years ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do Americans really use checks that often? ### Answer: Sorry for this late reply. I currently live in Iceland (I am a United Statesian). People here told me they thought checks were just something th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are my parents ripping me off with this deal that doesn't allow me to build my equity in my home? ### Answer: Basically, you have purchased 25% of the condo for $40,000, and your parents bought 75% of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I pay taxes on a gift of mutual funds? ### Answer: I gift my daughter stock worth $1000. No tax issue. She sells it for $2000, and has a taxable gain of $1000 that shows up on her return. Yes, you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I legally and efficiently help my girlfriend build equity by helping with a mortgage? ### Answer: Have her pay something like a friendly monthly rent. This should be less than half of the mont...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do some people say a house “not an investment”? ### Answer: One reason I have heard (beside to keep you paying rent) is the cost of maintenance and improvements. If you hire someone else to do al...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who can truly afford luxury cars? ### Answer: Bravo to A.O's analysis, even with it's resentful tone.... I did not have any help from my parents and still can't afford a luxury car. I have two college...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do credit cards require a minimum annual household income? ### Answer: It is much simpler than any of that. People who make money have a greater capacity to pay their bills. Credit card companie...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much does a landlord pay in taxes? ### Answer: I'd recommend you use an online tax calculator to see the effect it will have. To your comment with @littleadv, there's FMV, agreed, but there's also...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is Investments by Bodie just an expanded version of Essentials of Investments? ### Answer: They are actually both undergraduate texts; however, Investments is FAR more complex. Essentials of Investm...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can company owners use lay offs to prevent restricted stock from vesting before an acquisition? ### Answer: Depending on your local laws, such a layoff may be an unlawful act. If the whole purpose of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Automatic investments for cheap ### Answer: If you are not worried about timing the market and want to buy primarily "blue chip" stocks to hold for a while, consider using Loyal3. They don't charge an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do some people go through contortions to avoid paying taxes, yet spend money on expensive financial advice, high-interest loans, etc? ### Answer: The bank provides a service that the customer volu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is trading stocks easier than trading commodities? ### Answer: One reason why you may have gotten this advice is that stocks have an expected real return over time, while commodities do not. Therefore...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do gas stations charge different amounts in the same local area? ### Answer: Some of this is demand management. The local BJ's wholesale club sells gas $0.10-0.15/gallon less than the prevailing ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I deal with a mistaken attempt to collect a debt from me that is owed by someone else? ### Answer: It may be a scam. But it also may be a company trying to find a person with the same or simila...
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 known macro-economics taught by the Austrian School types at The Mises Institut...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If accepting more than $10K in cash for a used boat, should I worry about counterfeiting? ### Answer: I'd be a bit concerned about someone who wanted to transact that large of a transaction in cash. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where should I invest my savings? ### Answer: Basically the first thing you should do before you invest your money is to learn about investing and learn about what you want to invest in. Another thing...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is my mortgage more likely to be sold if I pre-pay principal? ### Answer: There are two ways that mortgages are sold: The loan is collateralized and sold to investors. This allows the bank to free up ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Purchasing options between the bid and ask prices, or even at the bid price or below? ### Answer: This sometimes happens to me. It depends on how liquid the option is. Normally what I see happening is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to evaluate stocks? e.g. Whether some stock is cheap or expensive? ### Answer: If you are looking for numerical metrics I think the following are popular: Price/Earnings (P/E) - You mentioned this...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does the share price tend to fall if a company's profits decrease, yet remain positive? ### Answer: Let's use an example: You buy 10 machines for 100k, and those machines produce products sold for...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Value of credit score if you never plan to borrow again? ### Answer: There's many concrete answers, but there's something circular about your question. The only thing I can think of is that phone serv...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: how do I calculate rate of return on call options that are spread ### Answer: Outside of software that can calculate the returns: You could calculate your possible returns on that leap spread as you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Net money invested in Stock indexes ended up in red ### Answer: Not sure where you got the 296 crores figure. The data on the sheet shows activity by category of investors. In the end NET of all BUY a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I buy a home or rent in my situation? ### Answer: MY recommendation is simple. RENT The fact that you have to ask the question is a clear sign that you have no business buying a home. That's n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why might a robo-advisor service like Betterment be preferable to just buying a single well-performing index fund like SPY? ### Answer: The reason diversification in general is a benefit is easily see...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does high frequency trading provide economic value? ### Answer: This is a very important question and you will find arguments from both sides, in part because it is still understudied. Ben Golub, Econ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Interest payments for leveraged positions ### Answer: I think to some extent you may be confusing the terms margin and leverage. From Investopedia Two concepts that are important to traders are margin...
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: This was most likely a scam, although I do know of cases where a transfer intended for one company ended up...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I lookup accurate current exchange rates for consumers? ### Answer: What you see on XE, is the rate at which it is being traded in the market. What you receive from a broker is the rate minu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: After consulting HR Block, are you actually obligated to file your taxes with them, if they've found ways to save you money? ### Answer: It sounds like they want to enter you into a contract in which ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In general, is it financially better to buy or to rent a house? ### Answer: There's probably no simple answer, but it's fair to say there are bad times to buy, and better times. If you look at a hous...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can my friend send $3K to me without using Paypal? ### Answer: Not to overkill the theres a few more I can think of right now ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would you ever turn down a raise in salary? ### Answer: I would turn down a 20% raise in salary without thinking, if they would offer that I can have a 4 day work week. I even take a 10% cut for t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a term for the risk of investing in an asset with a positive but inferior return? ### Answer: I'm sorry for adding another answer @MatthewFlaschen but it is too long for a comment. It depends...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I put more money down on one property and pay it off sooner or hold on to the cash? ### Answer: I would go with the 2nd option (put down as little as possible) with a small caveat: avoid the mo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is candlestick charting an effective trading tool in timing the markets? ### Answer: I interned for about six months at a firm that employed a few technical analysts, so I'll try to provide what littl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are reasonable administrative fees for an IRA? ### Answer: Whether or not it's reasonable is a matter of opinion, but there are certainly cheaper options out there. It does seem strange to me tha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy US ETF as foreigner — a bad idea? ### Answer: Here're some findings upon researches: Two main things to watch out for: Estate tax and the 30% tax withholding. These 2 could be get around by invest...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get 0% financing for a car, with no credit score? ### Answer: Yes, of course it is. Car dealers are motivated to write loans even more than selling cars at times. When I bought a new car for th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying my first car out of college ### Answer: I realize I'm drudging up a somewhat old post here (apologies), but I've found myself in a similar situation recently and thought I would chime in. I was...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How exactly does dealing in stock make me money? ### Answer: If you have money and may need to access it at any time, you should put it in a savings account. It won't return much interest, but it wil...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is insider trading exactly? ### Answer: Using inside sensitive information about corporate and using the same to deal in securities, before the exchanges are made aware of the information. Its mo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Credit Card Purchase - 'it is the bank's money no[t] yours' ? ### Answer: Yes, they're referring to the credit card dispute (chargeback) process. In the case of dispute, credit card company will refun...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to get life insurance as a beneficiary before the person insured dies? ### Answer: Generally no. It does not make sense for insurance company to alter terms and if there are such rules ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: End-of-season car sales? ### Answer: Manufacturers sometimes give incentives to car dealers to ensure that the prior year models are sold out before the year is up. However, dealers are usually prett...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to estimate a reasonable amount for a signing bonus? ### Answer: So you've already considered relocation. Here are a few additional things to consider with respect to negotiating a signing bonus (...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What did John Templeton mean when he said that the four most dangerous words in investing are: ‘this time it’s different'? ### Answer: There's an elephant in the room that no one is addressing: Sucker...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I got my bank account closed abruptly how do I get money out? ### Answer: If you can get to a physical branch, get a cashier's check (or call them and have them send you one by mail). When they draft...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Freelancing and getting taxes taken out up front instead of end of year? ### Answer: Maybe I can explain a little clearer: Your LLC is not a person, and cannot have taxes withheld on its behalf. There...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Contributing to a Roth IRA while income tax filing status is “Married Filing Separately”? ### Answer: You must file as married for 2013 if you were married as of December 31, 2013. It is true that the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: High Leverage Inflation Hedges for Personal Investors ### Answer: Look into commodities futures & options. Unfortunately, they are not trivial instruments. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any online personal finance software without online banking? ### Answer: SavingsMap is a web-based personal finance forecasting tool that requires no bank account or personal information othe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do retailers ever stock goods just to make other goods sell better? ### Answer: There's a concept in retail called a "loss leader", and essentially it means that a store will sell an item intentionall...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can LLC legally lend money to a friend? ### Answer: I can't say if there is anything specific that makes lending illegal, but if your company goes bankrupt, you might end up in trouble. First, it's a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can LLC legally lend money to a friend? ### Answer: The answer to your question is...it depends. Depending on the state you, your friend, and the LLC are located in, it can be very easy to run afoul ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is compounding interest on investments a myth? ### Answer: Compound growth isn't a myth, it just takes patience to experience. A 10% annual return will double the investment not in 10 years, but just...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does an issue of bonus shares improve shareholder value? ### Answer: The bonus share also improves the liquidity however there is some difference in treatment. Lets say a company has 100 shares, of $1...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Risk and reward of a synthetic option position ### Answer: But if underlying goes to 103 at expiration, both the call and the put expire worthless If the stock closes at 103 on expiration, the 105 p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is being “upside down” on a mortgage so bad? ### Answer: The problem comes when the borrower cannot afford his home. If a borrower buys more home than they can afford, as long as he can sell the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does this plan make any sense for early 20s investments? ### Answer: The plan doesn't make sense. Don't invest your money. Just keep it in your bank account. $5000 is not a lot, especially since you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Impact of Extreme Situations such as WW2 on “legendary” Investors' Returns? ### Answer: Possibly the best answer to why America became globally dominant after WW2 was written by a FRENCHMAN, Jean-Jacq...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is a fixed-price natural gas or electricity contract likely to save money? ### Answer: The answer to this question will vary considerably by state and how utilities are regulated in your area. In New ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are NSCC illiquid charges? ### Answer: NSCC illiquid charges are charges that apply to the trading of low-priced over-the counter (OTC) securities with low volumes. Open net buy quantity represen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Historical company performance data ### Answer: The S&P report (aka STARS report) for each company has 10 years of financial data. These reports are available free at several online brokers (like E-Tr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would my job recruiter want me to form an LLC? ### Answer: This is pretty normal. I am in the UK and currently doing the exact same thing. As some answers state there is additional tax law call...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a no-limit charge card affect your credit score? ### Answer: Apparently it is up to the credit card company on how they want to report your available balance. Another disadvantage to the no-l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay Yourself With Credit Card Make Money With Cash Back [duplicate] ### Answer: The idea is old as dirt, and some millions of people had it before you. Credit card swipes cost you between 2.4 and 4.5%...