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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best way to learn investing techniques? ### Answer: First, you need to figure out what your objectives for the money are. Mostly, this boils down to how soon you are going to need the mon...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much more than my mortgage should I charge for rent? ### Answer: Your reasoning is backwards. As others have pointed out, you cannot just decide how much you charge irrespective of the market. Let...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Get interest on $100K by spending only $2K using FOREX rollovers? ### Answer: Now, is there any clever way to combine FOREX transactions so that you receive the US interest on $100K instead of the $2K...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Market makers role ### Answer: The role of the market maker is to make sure there is a bid and ask on a particular stock. That's it. The market maker ensures that there is a price at which you can b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Accepting personal “donations” (not as a non-profit) ### Answer: Lots of webcomic sites now have "tip jar" links, or let supporters send money via services like Patrion. I presume other kinds of sites...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Peer to peer lending business model (i.e. Lending Club) ### Answer: This is all answered in the prospectus. The money not yet invested (available/committed to a note but not yet funded) is held in poo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the preferred way to finance home improvements when preparing to sell your house? ### Answer: I'm assuming that when you sell the house you expect to be able to pay off these loans. In that ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculate Estimated Tax on Hobby Business LLC ### Answer: You are on the right track, for tax purposes its all ordinary income at the end of 2016. If the free lance "employer" will withhold fed,state ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would anyone want to pay off their debts in a way other than “highest interest” first? ### Answer: There are a number of bona fide reasons to consider here. If there is a cost to discharging a sec...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the differences between an investment mortgage and a personal mortgage? ### Answer: It's just a guess, as I'm from the UK and am unfamiliar with the term "investment" mortgage but is it one w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any reason to buy shares before/after a split? ### Answer: There has been a lot of research on the effects of stock splits. Some studies have concluded that: However note that (i) these are a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I look at before investing in a start-up? ### Answer: You seem to have all your financial bases covered, and others have given you good financial advice, so I will try to give you some non...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Consumer Loans vs Mortgages ### Answer: Here's a good definition of a consumer loan: What is a Consumer Loan? As@Pete B. pointed out, there are some states (California loves to be the oddball, doesn't...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it wise for an independent contractor to avoid corporation tax by planning to only break even each year? ### Answer: IANAL (and nor am I an accountant), so I can't give a definitive answer as to le...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: Windfalls can disappear in a heartbeat if you're not used to managing large amounts of money. That said, if you can read a ban...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any banks in Europe that I can have an account without being in that country? ### Answer: Opening account in foreign bank is possible, but you must have strong proofs you use it for legitima...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When will the U.K. convert to the Euro as an official currency? ### Answer: Not anytime soon, I suspect, but not necessarily for financial reasons. I found this interesting, including the link to the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Additional credit card with different limit on same account? ### Answer: Generally not. Since authorized user cards are the same account and the difference between the two (the original and the AU ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the “Bernanke Twist” and “Operation Twist”? What exactly does it do? ### Answer: To understand the Twist, you need to understand what the Yield Curve is. You must also understand that the pri...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I am a Canadian resident who wants to gift my Adult US child CAD$175K. What are the tax implications? ### Answer: The United States taxes gifts to the giver, not the receiver. Thus, in your case ther...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is sales tax for online purchases based on billing- or shipping address? ### Answer: From my understanding as a seller, and having read through Amazon's 8 page calculation methodology document, the de...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to account for startup costs for an LLC from personal money? ### Answer: Typically you give a loan to the company from yourself as a private person, and when the company makes money the company pa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the benefits of using a financial advisor for wealth management? ### Answer: Financial advice is not only required by the very rich, everyone can benefit from it. It can help you protect and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do stocks go up? Is it due to companies performing well, or what else? [duplicate] ### Answer: Prices can go up or down for a variety of reasons. If interest rates decline typically every stock go...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What legal action can Paypal take against me if I don't pay them and I have a negative balance? ### Answer: Paypal can take exactly the same legal actions against you as any creditor could -- take you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If throwing good money after bad is generally a bad idea, is throwing more money after good Ok? ### Answer: To expand a bit on what TripeHound said in the comment section, past performance is not indi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it unreasonable to double your investment year over year? ### Answer: Yes, it is unreasonable and unsustainable. We all want returns in excess of 15% but even the best and richest investors do not ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Long(100%)-Short(-100%) investment explanation ### Answer: There is no difference. When dealing with short positions, talking about percentages become very tricky since they no longer add up to 100%....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which banks have cash-deposit machines in Germany? ### Answer: This may not answer your question but it may be an alternative. My credit union credits my account for deposits immediately (ones I make ...
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: Jurisdictions will vary but I can imagine calculation methods for child support where the raise could become significant in the present with...
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: It's a statement that seems to be true about our tendency to beli...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My university has tranfered me money by mistake, and wants me to transfer it back ### Answer: Call in to the bank using a publicly available number to verify the request. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I am a contractor with revenue below UK's VAT threshold. Should I register for VAT? ### Answer: The most important thing to remember is that being VAT registered, you must add VAT to every bill, so e...
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 would go even farther than Victor's answer. There is little evidence that candlestick patterns and technical an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do Square credit card readers allow for personal use? ### Answer: I used square in the past for personal yard sale and they did not transfer balance to my bank acct because they told me it was against...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is having a 'startup fund' a good idea? ### Answer: Saving money for the future is a good thing. Whether spending those savings on a business venture makes sense, will depend on a few factors, includi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My tenant wants to pay rent through their company: Should this raise a red flag? ### Answer: The company that's apparently going to pay this rent wants to treat it as a business expense. They are ask...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does Value Averaging work in practice? ### Answer: If you were to stick to your guns, then yes, that's what you'd need to do. In practice, that kind of a hit should get your attention, and you'd b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Checks not cashed ### Answer: You're certainly still responsible to pay what you owe the company given that: 1. for whatever reason, the recipient never received the checks. and 2. the money was credi...
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: yes and no its definitely not charitable as they are making money of off you but depending...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I use Mint.com? Is it secure / trusted? [duplicate] ### Answer: So could someone working at your bank directly. Of at your HR department at work. Most of the wait staff at the restaurant I a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do dividends of the underlying security in a security futures contract affect the security futures price? ### Answer: The price of a future with an underlying that pays dividends is As you can se...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are we taxed on revenue and companies on profit? ### Answer: I pay taxes on revenue. You do have the ability to deduct expenses, though it's not as comprehensive as what companies can do: These f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it a good practice to keep salary account and savings account separate? ### Answer: It possibly could have made sense historically when interest rates were higher. In the UK, you used to get neglig...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are interest rates on saving accounts so low in USA and Europe? ### Answer: Typically developing economics are marked by moderate to high inflation [as they are growing at a faster pace], higher i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Setting up general ledger/tax reporting for a Real Estate Rental LLC in GnuCash ### Answer: No, GnuCash doesn't specifically provide a partner cash basis report/function. However, GnuCash reports are ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Recommended finance & economy book/blog for a Software Engineer? ### Answer: Start at Investopedia. Get basic clarification on all financial terms and in some cases in detail. But get a book. One reco...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I need to write the date on the back of a received check when depositing it? ### Answer: You do not need to write anything on the second line. There are a variety of helpful things that you can ad...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do volatility stocks/ETFs (TVIX, VXX, UVXY) trend down in the long-term? ### Answer: Since these indices only try to follow VIX and don't have the underlying constituents (as the constituents don'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tools to evaluate REITs ### Answer: REIT's are a different beast than your normal corporate stock (such as $AAPL). Here is a good article to get you started. From there you can do some more research...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Evidence for Technical Analysis [duplicate] ### Answer: To answer your original question: There is proof out there. Here is a paper from the Federal Reserve Bank of St. Louis that might be worth a rea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Legitimate unclaimed property that doesn't appear in any state directory? ### Answer: @ Chris: Companies like Keane, ours, and others know where to look for these funds and where to ask at the correc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Employer reported ESPP ordinary income on wrong year's W-2 ### Answer: You mentioned that the 1099B that reports this sale is for 2014, which means that you got the proceeds in 2014. What I suspect ha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have $12k in a Chase checking account, but want to start earning interest/saving/investing/etc to make more money. What should I do? ### Answer: These are the basics in order: Max your employer cont...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should Emergency Funds be Used for Infrequent, but Likely, Expenses? ### Answer: I think it's wise to account for those inevitable but unpredictable expenses like car/house repairs and abnormal medica...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Employer skipped payments, should I allow them to defer payment until Jan 2017? ### Answer: First, let's look at the tax brackets for single taxpayers in 2016: The cutoff between the 25% and 28% tax b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some good ways to control costs for groceries? ### Answer: If you are willing to use one main credit card for shopping, use a grocery points rewards card like PC Financial Mastercard. Pay f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you find reasonably priced, quality, long lasting clothing? ### Answer: Use resources like Consumer Reports and recommendations from like-minded friends to figure out brands which have a reputa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the difference between a high yield dividend stock vs a growth stock? ### Answer: The two are not incompatible. This is particularly true of Glaxo and Pfizer, two drug companies operating in ro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If a stock doesn't pay dividends, then why is the stock worth anything? ### Answer: The company gets it worth from how well it performs. For example if you buy company A for $50 a share and it beats i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some good software packages for Technical Analysis? ### Answer: About 10 years ago, I used to use MetaStock Trader which was a very sound tool, with a large number of indicators, but it has b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell my stocks to reduce my debt? ### Answer: Obviously, you should not buy stock when the option is to pay down your debt. However, your question is different. Should you sell to reduce debt...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to split taxation of funds earned from a crowdfunding campaign over multiple years? ### Answer: I think you should really start a limited company for this. It'll be a lot simpler to spr...
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: I came up with a real way. I saw once the market be so dumb as to allow this to work. Inflation rate = 2.5%. Home interest rate = 3%. Ta...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Source of income: from dividends vs sale of principal or security ### Answer: The trend in ETFs is total return: where the ETF automatically reinvests dividends. This philosophy is undoubtedly influe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Married, 55, grown kids: Should I buy life insurance, or invest in stocks? The ultimate decision ### Answer: The following is from Wikipedia - Term life insurance (with very minor editing) Because ter...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would anyone want to pay off their debts in a way other than “highest interest” first? ### Answer: I recently paid off a line of credit on an investment property that I own. I had some surplus ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can an ETF, open at a price other than what the pre-market was at? ### Answer: If I understand you correctly, you are noticing that a stock's price can change drastically when the time changes from pr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can paying down a mortgage be considered an “investment”? ### Answer: Let's start from the premise that the mortgage is something you will have anyway because you need it to live (as opposed to say ge...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I find historical P/E ratios for companies? ### Answer: The mathematics site, WolframAlpha, provides such data. Here is a link to historic p/e data for Apple. You can chart other companies s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can stock brokerage firms fail? ### Answer: Yes, the entire financial system is based on trust. As we have seen repeatedly, even the ratings agencies can be wrong and in collusion. You need to underst...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Connection between gambling and trading on stock/options/Forex markets ### Answer: There is economic value added to the marketplace, by having many investors trading stocks. The stock market itself ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any ETFs that follow the “Dogs of the Dow” allocation? ### Answer: Google is your friend. If you buy me a beer, I might be as well. By the way DOD is the ticker. Dogs of the Dow ETF ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I be aware of as a young investor? ### Answer: I'm 39 and have been investing since my very early 20's, and the advice I'd like to go back and give myself is the following: 1) Time is your...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible for the average person to profit on the stock market? ### Answer: Below is a list of rules that will help you to decide what types of products you should be investing in: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is a “total stock market” index fund diverse enough alone? ### Answer: Write off the entire asset class of corporate bonds? Finance theory says yes, the only two asset classes that you need are stocks...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to avoid getting back into debt? ### Answer: Spend less than you earn. If you have no job (source of income), then you can not possibly stay out of debt as you have to spend money to live and stud...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I begin investing real money as a student? ### Answer: Without knowing what you are trying to achieve - make a bit of pocket money, become financially independent, invest for retirement, le...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Good Percentage Return on Equity? ### Answer: Yes definitely Warren Buffet averaged returns of only around 21% throughout his 40 years in business. ROE of 23% is probably more than double the ROE of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How and Should I Invest (As a college 18 year old with minimal living expenses)? ### Answer: While others have made a good case for how you may want to save and spend I just want to take a moment to c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does one interpret financial data for stocks listed on multiple exchanges? ### Answer: First and foremost you need to be aware of what you are comparing. In this case, HSBC as traded on the NYSE e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In your 20s how much money should you have and how to properly use & manage it? ### Answer: You need a budget. You need to know how much you make and how much you spend. How much you earn and what yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a tax deduction for renting office space in service of employer? ### Answer: According to this post on TurboTax forums, you could deduct it as an "Unreimbursed Employee" expense. This would s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: merging transactions in 8949 ### Answer: From the instructions: If you do not need to make any adjustments to the basis or type of gain or loss (short-term or long-term) reported to you on Form 1099...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would I ever need credit card if my debit card is issued by MasterCard/Visa? ### Answer: Possibly not relevant to the original asker, but in the UK another advantage of using a credit card is that whe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Friend was brainwashed by MLM-/ponzi investment scam. What can I do? ### Answer: If this is your friend, and he that convinced he will "get rich" from this then there's really nothing you CAN do. You...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax implications of ESPP shares when company is bought out ### Answer: When the deal closes, will it be as if I sold all of my ESPP shares with regards to taxes? Probably. If the deal is for cash an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Auto Insurance: Adding another car to the existing policy (GEICO) ### Answer: tl;dr: Call them. I'd be very surprised if you have a problem. I used to have have a policy with Geico, and would pay for ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I can't produce a title for a vehicle I just traded ### Answer: If your fiancée took a title loan out on your truck you won't be able to trade it in for another vehicle until you pay the loan. The dea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: dividend cover ratio for stocks ### Answer: Profit after tax can have multiple interpretations, but a common one is the EPS (Earnings Per Share). This is frequently reported as a TTM number (Trailing...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is inflation a good or bad thing? Why do governments want some inflation? ### Answer: Basically, in any financial system that features fractional reserve banking, the monetary supply expands during ti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Official site to follow Warren Buffet's Berkshire Hathaway change in investment holdings? ### Answer: Are you looking for this Warren Buffets Stock Portfolio? Or Berkshire Hathaway Portfolio WFC is ne...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ex-dividend date and time zones ### Answer: Ex-Date is a function of the exchange, as well as the dividend. Consider Deutsche Bank AG, DB on the NYSE, DKR on Xetra. For a given dividend, each exchange...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I have to explicitly apply for claim of tax rebate u/s 87A in India ### Answer: If my salary slip says that I will be paying x INR tax this financial year. Then how much minimum investment I need t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing / Options idiot - how can I get out of this position? ### Answer: My understanding is that all ETF options are American style, meaning they can be exercised before expiration, and so you cou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a decent rate of return for investing in the markets? ### Answer: Don't ever, ever, ever let someone else handle your money, unless you want somebody else have your money. Nobody can guarantee...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What headaches will I have switching from Quicken to GnuCash? ### Answer: I have not used Quicken; I've used GnuCash exclusively. It feels a bit rough with the UI: Balancing that, the data is stored ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: A debt collector will not allow me to pay a debt, what steps should I take? ### Answer: This is somewhat unbelievable. I mean if you had a business of collecting debts, wouldn't you want to collect s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to share income after marriage and kids? ### Answer: You currently have 5400€ between you and 2600€ expenses leaving you 2800€. You currently keep 1900€ and she keeps 900€ at the end of each month...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much of a down payment for a car should I save before purchasing it? ### Answer: I'd put more money down and avoid financing. I personally don't think car debt is good debt and if you can't afford...