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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does it mean for a company to have its market cap larger than the market size? ### Answer: It is ALWAYS possible for a company's valuation in the market to be larger than the market it serves, an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where on schedule C should a PO Box Rental fee go? ### Answer: Turbotax community had a similar question. They claim you just put it into "Office Expense". I never understood why there are so many ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does it really mean to buy a share? ### Answer: I have been careful here to cover both shares in companies and in ETFs (Exchange Traded Funds). Some information such as around corporate actions a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stability of a Broker: What if your broker goes bankrupt? Could you lose equity in your account? ### Answer: Look at the link to the SIPC. I don't know exactly what you mean by "runs out of funds," bu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you explain the mechanism of money inflation? ### Answer: An economy produces goods and services and people use money to pay for those goods and services. Money has value because people believe t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I were to get into a life situation where I would not be able to make regular payments, do lenders typically provide options other than default? ### Answer: Some lenders will work with you if you c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you buy out a pink sheet listed company by purchasing all of the oustanding shares? ### Answer: Sure. No-one promises that all the outstanding stocks are ever for sale, but if you get them all - y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why should we expect stocks to go up in the long term? ### Answer: The last 300 years of civilization have been amazingly atypical. We have experienced industrial revolution after industrial revolutio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to plan in a budget for those less frequent but mid-range expensive buys? ### Answer: We have what we call "unallocated savings" that go into a fund for this purpose. We'll also take advantage of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Formation of S-Corp for Gambling Trade ### Answer: In a sole proprietorship AND an LLC, the expenses can still be deducted against the profits or losses from the operations. The IRS does not even requ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does a reorganization fee that a company charges get applied to? ### Answer: Its a broker fee, not something charged by the reorganizing company. E*Trade charge $20, TD Ameritrade charge $38. As ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the differences in taxes rules for specialty ETFs such as GLD (Gold ETF) and general ETFs? ### Answer: Gold ETFs are treated different than stock ETFs, as a collectable. This makes long-term ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When is Cash Value Life Insurance a good or bad idea? ### Answer: Buy term and invest the rest is something you will hear all the time, but actually cash value life insurance is a very misunderstood, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much time does a doctor's office have to collect balance from me? ### Answer: Seems like the doctor's office is not very organized. Ask for a line itemized bill. You want the date and the specific...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Free service for automatic email stock alert when target price is met? ### Answer: Hey guys, I found this website, it seems to do it for free, and they have many options. If let me know if you find so...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When is the best time to put a large amount of assets in the stock market? ### Answer: Trying to "time the market" is usually a bad idea. People who do this every day for a living have a hard time doi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to convert coins into paper money or deposit coins into bank account, without your bank in local? ### Answer: We have machines in several grocery store chains that will take your coins, sort them,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What gives non-dividend stocks value to purchasers? [duplicate] ### Answer: A share of stock is a share of the underlying business. If one believes the underlying business will grow in value, then one...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I buy only 4 shares of a company? ### Answer: I'm not sure it is the best idea, but you can buy only 4 stocks generally. As you alluded to, you should take notice of the fees. Also note that man...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Definition of equity ### Answer: The word equity always refers to the ownership of something, whether it be a company or a home. The wikipedia article is differentiating companies by how they raised m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How come I can't sell short certain stocks? My broker says “no shares are available” ### Answer: In finance, short selling (also known as shorting or going short) is the practice of selling assets, us...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is the time-premium on PUT options calculated ### Answer: I asked a friend and he gave me a good explanation, so I'm just gonna paste it here for others: There is a simple and a complex answer dep...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to motivate young people to save money ### Answer: As a 20 year old who has just started earning enough to save, I suggest showing them the different types of lifestyles they could live in the fut...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: File Taxes: US Expat, now married to foreign national ### Answer: Per the IRS instructions on filing as Head of Household as a Citizen Living Abroad, if you choose to file only your own taxes, and you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Advantages/Disadvantages to refinancing online? ### Answer: For what its worth, I recently closed on a 30 year refinance mortage with an agent I found through Zillow. The lender has a perfect 5/5 rep...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Placing limit order and stop loss on same stock at same time ### Answer: if it opens below my limit order What exactly are you trying to achieve here? If your limit order is for 100 and the stock ope...
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: If you were the friend of my daughter or some other "trusted" relationship, I would tell you to head on over to Bogleheads.org...
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: There are some people that still get an old-fashioned paycheck but for the most part if you are an employee at a company you get a paystub while ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to my savings if my country defaults or restructures its debt? ### Answer: Best thing to do is convert your money into something that will retain value. Currency is a symbol of wealth, an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I default on my private student loans if I was an international student? ### Answer: You signed a contract to pay the loan. You owe the money. Stories of people being arrested over defaulted st...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell a 2nd home, or rent it out? ### Answer: Heres what you need to know: This can be prevented by what a previous renter did to us. This is a smart, kind of a jerky way to do it but its VERY...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Payroll question ### Answer: That $200 extra that your employer withheld may already have been sent on to the IRS. Depending on the size of the employer, withholdings from payroll taxes (plus employer...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can dividends be exploited? ### Answer: In addition to the other answers it's also noteworthy that the stock exchanges themselves adjust the price quotes via their ex-div mechanism. All limit orders ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does it make sense to talk about an ETF or index in terms of technical indicators? ### Answer: Yes, it makes sense. Like Lagerbaer says, the usefulness of technical indicators can not be answered with...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the best way to make money from a market correction? ### Answer: As ChrisInEdmonton describes, shorting has an asymmetric risk/reward ratio. And put options have a time cost, if you think the m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Deposit cash into US bank account ### Answer: Sure; you can deposit cash. A few notes apply: Does the source of cash need to be declared ? If you deposit more than $10,000 in cash or other negotiable ...
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 suggest you to test AlauxSoft Accounts and Budget. This software is a money-like. There is a freeware and a sharewa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there an advantage to a traditional but non-deductable IRA over a taxable account? [duplicate] ### Answer: This is ideal placement for your allocation to income investments or those with nonqualifi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is Volvo a public company? ### Answer: There are two different companies named "Volvo." The publicly-traded company with ticker symbol VOLV-B is called Volvo Group, or AB Volvo. They primarily build ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are parking spaces and garage boxes a good investment? ### Answer: In Italy (even with taxes that are more than 50% on income) owning garages is generally a good business, as you said: "making money w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Saving for retirement without employer sponsored plan ### Answer: I'm looking for ways to geared to save for retirement, not general investment. Many mutual fund companies offer a range of target reti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I make $250,000.00 from trading/investing/business within 5 years? ### Answer: Deposit $3,500 each month in a brokerage account and invest that money across a handful of diversified index fund...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Making $100,000 USD per month, no idea what to do with it ### Answer: In my opinion, I would: If the income is from this year, you can tax shelter $59,000 plus somewhere between $50,000 and $300,000 d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Could capital gains from a stock sale impact my IRA eligibility? ### Answer: Yes. Look at form 1040 AGI is line 37, and it comes well after you report your schedule D cap gains. I read this question ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How many days does Bank of America need to clear a bill pay check ### Answer: I cannot answer the original question, but since there is a good deal of discussion about whether it's credible at all, he...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a company's stock price give any indication to or affect their revenue? ### Answer: If the company reported a loss at the previous quarter when the stock what at say $20/share, and now just befor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Live in California but work for Illinois-based company ### Answer: They might be concerned with having to charge sales tax in California if they have a single employee in California, creating a nexus ...
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: You don't necessarily have to use a LEAP to do a spread. Since you are doing a covered call, I'm assuming that you would b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can saving/investing 15% of your income starting age 25, likely make you a millionaire? ### Answer: Yes, quite easily, in fact. You left a lot of numbers out, so lets start with some assumptions. If ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't you just have someone invest for you and split the profits (and losses) with him? ### Answer: Give me your money. I will invest it as I see fit. A year later I will return the capital to you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Strategic countermeasures to overcome crisis in Russia ### Answer: If you have significant assets, such as a large deposit, then diversification of risks such as currency risk is good practice - there...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm only spending roughly half of what I earn; should I spend more? ### Answer: Your Money or Your Life is a great book on this topic. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Digital envelope system: a modern take ### Answer: I definitely get where you're coming from. The envelope system sounds good, but doesn't appeal to most people under 50 for many of these reasons (ph...
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: Remember that shares represent votes at the shareholders' meeting. If share price drops too far below...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investment time horizon: When is it acceptable to withdraw money from investments? ### Answer: To summarize your starting situation: You want to: Possible paths: No small business Get a job. Invest th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How are stock buybacks not considered insider trading? ### Answer: In most countries there are specific guidelines on buy backs. It is never a case where by one fine morning company would buy its shar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Professional investment planning for small net-worth individual in bearish market ### Answer: There is no magic bullet here. If you want professional management, because you think they know more abo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is auto insurance ridiculously overpriced for those who drive few miles? ### Answer: Insurance rates are about assessing risk. If the insurer has no way to reliably and easily assess usage, they ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stock options: what happens if I leave a company and then an acquisition is finalized? ### Answer: When you exercise your options, you come up with cash to buy the shares. This makes you an owner of t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What kind of traditional IRA should I use to hold funds from old employer 401K plans? ### Answer: Magazines like SmartMoney often have an annual issue that reviews brokers. One broker may have a wider...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does my net paycheck decrease as the year goes on due to tax brackets filling up? ### Answer: Most countries with income tax, including the USA, design their withholding system so that in straightforw...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tenant wants to pay rent with EFT ### Answer: I am able to set this up for my tenants by providing them with a form to fill out so that they provide their name and bank account information, and then I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I value personal use television for donation? ### Answer: Is it a tube television, digital, analog, what? Tube televisions are no longer made in (or imported to) the U.S., and if it's an a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Solicitation of a Security ### Answer: ASSUMING THIS IS A QUESTION OF U.S. SECURITIES LAWS You didn't explain whether you're related to the mother and son, but I'll assume you are. If that's the case...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For a car, would you pay cash, finance for 0.9% or lease for 0.9%? ### Answer: Dealer financing should be ignored until AFTER you have agreed on the price of the car, since otherwise they tack the cos...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I trust the Motley Fool? ### Answer: I've had a MF Stock Advisor for 7 or 8 years now, and I've belong to Supernova for a couple of years. I also have money in one of their mutual funds. "The Fool...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Debit cards as bad as credit cards? ### Answer: How about just stop buying stuff? ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Principal 401(k) managed fund fees, wow. What can I do? ### Answer: I would even say 1% is not even reasonable in this age. The short answer is there probably isn't much you can do directly. However...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: why do I need an emergency fund if I already have investments? ### Answer: You're absolutely correct. If you have maxed out your retirement investment vehicles and have some additional investments in ...
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: You bought the stock at some point in the past. You must have had a reason for this purchase. Has the recent ch...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I find company filing information in Singapore? ### Answer: If you are refering to company's financial reports and offerings, the required source for companies to disclose the information is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Merchant dispute with airline over missed flight, and which credit cards offer protection? ### Answer: EDIT To answer what I think you question is: I do not know of anything other than trip cancellati...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are the banks and their customers in the United States still using checks? [duplicate] ### Answer: Because it makes money for all parties, and because the general public is reluctant to any change...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I negotiate a credit card settlement by stopping payments? ### Answer: At no point is it ever a good idea to "stop making payments to show them [you] mean business". When you signed up for the cre...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to account for personal baby sitter? ### Answer: Are you working for a company that offers a Dependent Care Account? You may be able to withhold up to $5000/yr pre tax for care for you child. If ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there an advantage to keeping a liquid emergency fund if one also has an untapped line of credit? ### Answer: Let me offer what I did in a similar situation - Two points (a) we were banking $20K/yr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Premium classification when selling covered calls in a traditional IRA? ### Answer: If you hold stock in a traditional IRA and sell a covered call against that stock, the premium received for writing ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the opposite of a sunk cost? A “sunk gain”? ### Answer: It is called "Opportunity Cost." Opportunity cost is the value you lose because of a decision you made. This is the book definition ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: FSA when a retirement agreement has been put into place ### Answer: There's no reason for the employer not to deduct the whole amount before you leave. The FSA salary deduction has to be periodical, b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why buy insurance? ### Answer: Discussions around expected values and risk premiums are very useful, but there's another thing to consider: cash flow. Some individuals have high value assets that are ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are variable rate loans ever a good idea? ### Answer: It all has to do with risk and reward. The risk is that interest rates will rise. To entice you to go with the variable, they make it so it is ch...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Definition of equity ### Answer: I was wondering why equity is reflecting ownership of the issuing entity? That is the definition of equity in this regard. My understanding is that for a stock/equity...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Merrill Lynch historical stock prices - where to find? ### Answer: You could try asking Merrill Lynch, (general inquiries) :- http://www.ml.com/index.asp?id=7695_114042 So far I only found a few graph...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculating the cost of waiting longer for money ### Answer: This looks correct to me, for simple interest. If you are dealing with compound interest, the formula would be: So, A = 500000(1+0.036/365)...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any Social Responsibility Index funds or ETFs? ### Answer: Try this site for the funds http://www.socialinvest.org/resources/mfpc/ I'm not aware of any etfs. I'm sure some exist though. ###e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: GnuCash, how do I book loan from credit card, being paid back with salary? [duplicate] ### Answer: When you pay the flight, hotel, conference attendance fees of $100: When you repay the credit card de...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What exactly is the interest rate that the Fed is going to adjust? ### Answer: The Fed rate is so important because it sets a cost on lending institutions (banks, credit unions). It is the rate of int...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I can make a budget, but how can I get myself to consistently follow my budget? ### Answer: Plan all your needs and put priority based on need & urgency. New Habit: Rethink. Rethink. Rethink. whenever...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't banks give access to all your transaction activity? ### Answer: I would say a lot of the answers here aren't quite right. The main issue here is that banking is a highly oligopolous industry...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What bonds do I keep and which do I cash, why is the interest so different ### Answer: Bonds released at the same time have different interest rates because they have different levels of risks and liq...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is investing exlusively in a small-cap index fund a wise investment? ### Answer: If the OP is saving 33% if his/her current income, he/she doesn't want or need yet more income from investments right n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it worth it to reconcile my checking/savings accounts every month? ### Answer: My wife and I are paid every two weeks. I go on line see the exact deposit, add it to register, and see what checks cl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: total of all dividend payments for a particular company ### Answer: No - there are additional factors involved. Note that the shares on issue of a company can change for various reasons (such as conve...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Income tax exemptions for small business? ### Answer: Yes, you should be able to deduct at least some of these expenses. For expense incurred before you started the business: What Are Deductible Star...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will unpaid taxes prevent me from getting a business license? ### Answer: Generally these things are unrelated. Your tax debt is to agency X, your license is (mostly) from agency Y. If your business i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to spend more? (AKA, how to avoid being a miser) ### Answer: People who choose "good enough" (satisficers) tend to be happier than people who choose "the best" (maximizers), see link. So decide y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Am I considered in debt if I pay a mortgage? ### Answer: The expression "in debt" when talking about a person's financial affairs means that the sum of debit balances on all accounts exceeds the sum o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I do periodic rollovers from my low-perfoming 401k to an IRA? ### Answer: My two-cents, read your plan document or Summary Plan Description. The availability of in-service withdrawals will vary by...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: No transaction fee ETF trades - what's the catch? ### Answer: AFAIK, It's also possible that the ETF company is paying Ameritrade for every trade you make. Even if your brokerage doesn't make you pay ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What taxes are assessed on distributions of an inherited IRA? ### Answer: Distributions from an inherited IRA will be taxed as ordinary income and there are required minimum distributions for the inhe...