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: What do I need to consider when refinancing one home to pay the down-payment of another? ### Answer: What kind of financial analysis would make you comfortable about this decision? The HELOC and ARM a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a candlestick pattern that guarantees any kind of future profit? ### Answer: I love technical analysis, and use candlesticks as part of my technical analysis system for trading mutual funds i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best Time to buy a stock in a day ### Answer: One of the biggest laws in economics is that if an opportunity is very profitable and is very easily exploitable even by complete beginners, then it will ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I diversify investments across currencies in ISA? ### Answer: Just buy a FTSE-100 tracker. It's cheap and easy, and will hedge you pretty well, as the FTSE-100 is dominated by big mining and o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Everyone got a raise to them same amount, lost my higher pay than the newer employees ### Answer: Why do you think you are entitled to "fairness"? In this world you get what you get. I am pretty sure ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any instance where less leverage will get you a better return on a rental property? ### Answer: QUICK ANSWER When it comes to fixed income assets, whether rental real estate or government bon...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Insurance company sent me huge check instead of pharmacy. Now what? ### Answer: In one of your comments you say: Even if the pharmacy is not in the insurance provider network? This is why you got the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Legal right to ask for someone bank records UK ### Answer: You might want to head on over to https://law.stackexchange.com/ and ask the same question. However from a personal finance perspective thi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does start-up equity end up paying off? ### Answer: Read the book, "Slicing Pie: Fund Your Company Without Funds". You can be given 5% over four years and in four years, they hire someone and give...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the next step to collect money after a judgment has been ignored? ### Answer: A lawyer might be overkill for recovering a judgment. Do a google search for "judgment recovery service" in your ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is a stock dividend considered a dividend? What makes it different from a stock split? ### Answer: A stock dividend isn't exactly a split. Example: You have 100 shares of stock worth $5 a share (t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What kinds of information do financial workers typically check on a daily basis? ### Answer: Google Finance and Yahoo! Finance would be a couple of sites you could use to look at rather broad market i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does the calculation for percentage profit vary based on whether a position is short vs. long? ### Answer: Simple math: 50-25=25, hence decline from 50 to 25 is a 50% decline (you lose half), whil...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When's the best time to sell the stock of a company that is being acquired/sold? ### Answer: This happened to me recently. What became the final offer was a cash buy-out of all of our shares rather t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would selling off some stores improve a company's value? ### Answer: Maybe the location isn't yet, but will soon become a new loss. For example older soon out of warranty equipment, new tax laws ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I have more than one brokerage account? ### Answer: I believe the answer here is no: SIPC protection of customers with multiple accounts is determined by "separate capacity." Each separate capa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I profit on the Chinese Real-Estate Bubble? ### Answer: Perhaps buying some internationally exchanged stock of China real-estate companies? It's never too late to enter a bubble or profit from...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is my next step with investing, given a signing bonus of restricted stock units? ### Answer: Coincidentally just read a nice post on this topic: http://thefinancebuff.com/no-tax-advantage-in-rsu....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Solid reading/literature for investment/retirement/income taxes? ### Answer: You bring up some very high level stuff, each of which can be the subject of a life's work. For taxes, I first read J.K. L...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the purpose of having separate checking and savings accounts? ### Answer: A checking account is instant access. It can be tapped via check or debit card. A savings account is supposed to be us...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can stock market gains be better protected under an LLC arrangement? ### Answer: All corporate gains are taxed at the same rate as corporate income, for the corporate entity, so this actually can be W...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can Schwab afford to refund all my ATM fees? ### Answer: I am using my debit card regularly: in ATM's with a pin, in stores with my signature, and online. But later you say But from what I recall...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What emergencies could justify a highly liquid emergency fund? ### Answer: Emergency funds are defined in terms of months of tightened-belt living -- that's according to the usual gurus such as Suze O...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do car rental companies prefer/require credit over debit cards? ### Answer: A few reasons make sense: They have a defined process for rentals, risk assessment, and customer credit. Especially for ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tracking Gold and Silver (or any other commodity investment) in Quicken 2010? ### Answer: You don't need to use a real stock like GLD. You can just create a "stock" called something like "1 oz Gold" ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I invest in an index fund but screen out (remove) certain categories of socially irresponsible investments? ### Answer: Hmm, this would seem to be impossible by definition. The definition of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why invest in becoming a landlord? ### Answer: The value of getting into the landlord business -- or any other business -- depends on circumstances at the time. How much will it cost you to buy the pr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you find out who the investors are in a U.S. stock? e.g. how ownership may be concentrated? ### Answer: I don't think that you will be able to find a list of every owner for a given stock. Ther...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How it actually works? Selling a call on a stock I hold, but has done poor, might the market thinks may rise ### Answer: What you are proposing is called a "covered call" strategy. It is a perfectly ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do people buy insurance even if they have the means to overcome the loss? ### Answer: For a car, you're typically compelled to carry insurance, and picking up "comprehensive" coverage (fire, theft...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why doesn't buy at open get the official open price? ### Answer: There is no official price. There is only the price a seller is willing to offer and a buyer is willing to accept at that moment. It te...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to increase my credit score ### Answer: Get a credit card is NOT the answer. The reason people have a bad (or no) credit score is often because they're new to the country, have just turned 18, hav...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do I see multiple trades of very small quantities? ### Answer: It looks more like someone is trying to pocket the spread. The trades are going off at the bid then the ask (from what I can tell wi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to save money for future expenses ### Answer: First, talk to your husband about this. You really need to persuade him that you need to be saving, and get him to agree on how and how much. Second, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it wise to switch investment strategy frequently? ### Answer: A guy who does a sports talk show here in the US can be pretty smart about some things. His advice: If you are wondering if something...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In the stock market, why is the “open” price value never the same as previous day's “close”? ### Answer: Nobody has mentioned the futures market yet. Although the stock market closes at 4pm, the futur...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Online tools for monitoring my portfolio gains/losses in real time? ### Answer: This functionality is widely available, not only on brokerage sites, but also financial management and even financial in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shares Canceled after Merger ### Answer: It seems like this was a "stock for stock" transaction. That is, your company was acquired, not for cash, but for the stock of Company X in a deal that your co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I apply for a mortgage after a cash closing on a property? ### Answer: Is she correct in that you generally can't even apply until the cash transaction is complete? Probably. How can you comm...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How fast does the available amount of gold in the world increase due to mining? ### Answer: If that fraction is really small, then the amount of gold can be thought of as relatively constant. That fra...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Self-directed RRSP into mortgage investment ### Answer: The Globe and Mail has an interesting article on what you can do with your RRSPs. Be aware that the article is from early 2011 and rules change....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can the Securities Investor Protection Corporation (SIPC) itself go bankrupt? ### Answer: Not sure if I follow your question completely. Re: What if some fraud takes place that's too big even for it t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a car and learning to drive versus paying up study loans ### Answer: Welcome to Money.SE. It appears there's public transportation to get you to work? And the area by your house is walkable? i....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Oversimplify it for me: the correct order of investing ### Answer: Great questions -- the fact that you're thinking about it is what's most important. I think a priority should be maximizing any emplo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much is university projected to cost in Canada in 18 years? ### Answer: I personally do not buy any those so-call forecasts - look no further than the economic forecasts by those experts with PhDs...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does it take two weeks (from ex-date) for dividends to pay out? ### Answer: Why does it take two weeks (from ex-date) for dividends to pay out? For logistical and accounting purposes. This article...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: High-risk investing is better for the young? Why? ### Answer: If you spent your whole life earning the same portfolio that amounts $20,000, the variance and volatility of watching your life savings dr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Oversimplify it for me: the correct order of investing ### Answer: It isn't always clear cut that you should pay off a debt at all, particularly a mortgage. In simple terms, if you are making a better...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If the put is more expensive than the call, what does it mean ### Answer: What it means is that the stock has already moved down. Options and other derivatives follow the price of the underlying they ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a withdrawal of $10000 for 1st home purchase count against Roth IRA basis? ### Answer: From Schwab With a Roth, withdrawals of contributions are always tax-free because you've already paid inco...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can signing up at optoutprescreen.com improve my credit score? ### Answer: Some credit checks are ignored as part of the scoring process. Some companies will pull your info, to make sure you haven't b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the procedures or forms for a private loan with the sale of a vehicle? ### Answer: Draft up a promissory notes. Have a lawyer do it use one of those online contract places if you have simple...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why buy bonds in a no-arbitrage market? ### Answer: For safety. If something catastrophic happens to your bank and your money is in there you will lose any not covered by FDIC. So if you have a very l...
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: In the Netherlands its cheaper in some cases to have a mortgage then to own a house. Example: If you own a house you pay more taxes (b...
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: I only have anecdotal evidence here as members of my family used to own a grocery store / gas station, but they were of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the name of inverse of synergy? (finance) ### Answer: You could call it "multiple streams of income" a la Robert Allen and others. Or you could call it "Do once, sell many" or something like t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do online referal systems work? ### Answer: Yeah, I'll take the challenge...:) How trustworthy these are and what are their sources of income? These are in fact two separate questions, but the ans...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm in Australia. What should I look for in an online stock broker, for trading mostly on the ASX? ### Answer: OptionsXpress is good. I have used them for many years to trade stocks mainly (writing C...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a disciplined stock investor stick with their original sell strategy, or stay in and make more? ### Answer: Ask yourself a better question: Under my current investment criteria would I buy the st...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will a credit card company close my account if I stop using it? ### Answer: There is no universal answer here. Some card issuers will. Some that will close the account will warn you first. For my "...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Received an unexpected cashiers check for over $2K from another state - is this some scam? ### Answer: This is a variation of a very common scam. The principle of the scam is this: I give you a check ...
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: No. Unless you are ten Bill Gates rolled into one man, you can not possibly hope to make a dent in the 14 tr...
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: In the United States, when applying for credit cards, proof of income is on an honor system. You can make $15k a year and write on your app...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do any publically available documents from IR or SEC include all patents the company holds? ### Answer: It appears as others have said that companies are not required to state this on as any sort of A...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are “trailing 12-month total returns”? ### Answer: Total Return is the percent change in value (including andy dividends) of an instrument. The "trailing 12-month" means that your starting point...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How are the $1 salaries that CEOs sometimes take considered legal? ### Answer: Taxable fringe benefits are included in taxable wages for the purpose of FLSA. So when those executives get to use compan...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the purpose of having separate checking and savings accounts? ### Answer: For some people, it's easier to stick to a budget if they have separate checking and savings accounts because they can ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: still have mortgage on old house to be torn down- want to build new house ### Answer: I could be wrong, but I doubt you're going to be able to roll the current mortgage into a new one. The problem is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are the “debt reduction” company useful? ### Answer: No. Not in the Uk anyway, they are just an extra person/company that you have to pay. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Highest market cap for a company from historical data ### Answer: In common with many companies, Microsoft has been engaging in share buyback programmes, where it buys its own shares in the market and...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I carelessly invested in a stock on a spike near the peak price. How can I salvage my investment? ### Answer: I am very surprised no one mentioned the Stock Repair Option Strategy which has real benef...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is keeping old credit cards and opening new credit cards with high limits and never using an ideal way to boost credit scores? ### Answer: Problems with your plan (in no particular order) there is a l...
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: I just read through all of the answers to this question and there is an important point that no one has mentioned yet: Often...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I even need credit cards? ### Answer: Credits are expensive, so it's a great advantage to pay in cash. Obviously, it's even more an advantage to pay in cash for a house or a car, of course if you c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Companies that use their cash to buy back stock, issue dividends, etc. — how does this this typically affect share price? ### Answer: If a company is valued correctly, then paying dividends should low...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does it mean “sell on ask” , “sell on bid” in stocks? ### Answer: Honestly, I wonder if the other answerers aren't overthinking it. Their answers are detailed and correct, but what your coach may...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ideas for patenting/selling a trading strategy ### Answer: If you have a great technical trading system that gets you winning trading 80-85% of the time in backtesting, the question should be why are ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: ESPP in the UK - worth it? Disqualifying / qualifying sales? ### Answer: ESPP is common among US companies, often with a framework similar to your outline. In the US, some ESPPs allow sales of shares...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is an interest-only mortgage a bad idea? ### Answer: If you took a fixed loan, but paid it off at the accelerated rate, you would ultimately pay less total dollars in interest. So compare the actual a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why buy insurance? ### Answer: I keep it simple. Here's what I learned when I took Personal Financial Planning: Insurance is for low likelihood, high-impact events. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Am I able to conduct a private sale of public shares at a price that I determine? ### Answer: Yes, you can do that, but you have to have the stocks issued in your name (stocks that you're holding thro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which shareholders cause news-driven whole market stock swings? ### Answer: The people who cause this sort of sell-off immediately are mostly speculators, short-term day-traders and the like. They rea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What would I miss out on by self insuring my car? ### Answer: As you suspected, there is more than just car replacement taken care of by insurance (some of them are pointed out in Chad's story: ###end
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: Its almost always better to pay off loans sooner rather than later. Being debt free is amazingly liberating. However, in your cas...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the compound annual growth rate of the major markets? ### Answer: Under construction, but here's what I have so far: Schwab Data from 1970-2012: About.com data from 1980-2012: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I negotiate a 0% transaction fee with my credit card company? ### Answer: TL;DR summary: 0% balance transfer offers and "free checks usable anywhere" rarely are a good deal for the customer. 0% ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can GoogleFinance access total return data? ### Answer: This is the same answer as for your other question, but you can easily do this yourself: ( initial adjusted close / final adjusted close ) ^ ( 1...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm 13. Can I buy supplies at a pet store without a parent/adult present? ### Answer: My 12 year old routinely makes purchases with cash or a gift card (either a store's card or a Visa/Amex card that ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If earning as freelancer, is it better to be a Sole Trader or Limited Company? ### Answer: As I understand it (please correct me if i'm wrong, i've looked at this before and i've been a sole trader br...
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: First, you are not a loser nor an idiot! You have avoided many debt mistakes and have a stable income. This move will be good for you and your ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Side work and managing finances? ### Answer: I've done various side work over the years -- computer consulting, writing, and I briefly had a video game company -- so I've gone through most of this. Di...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: HSBC Hong Kong's “Deposit Plus” Product: What is it, and what strategies to employ? ### Answer: HSBC Hong Kong's “Deposit Plus” Product" the same as "Dual Currency Product" . it's Currency link Sell ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Clarify Microsoft's explanation of MIRR ### Answer: The MIRR formula uses the finance rate to discount negative cash flows, but since the only negative cash flow in the example in in the current perio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Diversify or keep current stock to increase capital gains ### Answer: The biggest challenge with owning any individual stock is price fluctuation, which is called risk. The scenarios you describe assu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is early exercise generally not recommended for an in-the-money option? ### Answer: For a deep in the money, it almost makes no difference because the intrinsic value, the price of the option, is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pending euro payment to a usd account ### Answer: Currency exchange is rather the norm than the exception in international wire transfers, so the fact that the amount needs to be exchanged should have...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: To pay off a student loan, should I save up a lump sum payoff payment or pay extra each month? ### Answer: If the savings rate is the same as the loan rate, mathematically it doesn't make any differen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I collect receipts after paying with a card? ### Answer: In this answer, I won't elaborate on the possibilities of fraud (or pure human error), because something can always go wrong. I will, ho...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is property investment good if properties de-valuate over time? ### Answer: As some others have pointed out, it's key to remember the difference in market value and accounting value. To simplify ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does gold's value decrease over time due to the fact that it is being continuously mined? ### Answer: The previous answers have raised very good points, but I believe one facet of this has been neglec...