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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should you always max out contributions to your 401k? ### Answer: I think better advice would be always max out your 401K at least to the level that the company provides a match. For example, my compa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a company care about the price of its own shares in the stock market? ### Answer: Overpriced shares: Cheaper to raise new capital through secondary share offerings or debt using shares as a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: To rebalance or not to rebalance ### Answer: This answer will assume you know more math than most. An ideal case: For the point of argument, first consider the following admittedly incorrect assumptio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Yahoo Finance shows incorrect data ### Answer: Yes, I see the same problem. Google's version seems to be correct, however. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I re-allocate my portfolio now or let it balance out over time? ### Answer: Personally I'm not a huge fan of rebalancing within an asset class. I would vote for leaving the HD shares alone and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does a high operating margin but a small but positive ROE imply about a company? ### Answer: The operating margin deals with the ability for a company to make a profit above the costs of running ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any way to know how much new money the US is printing? ### Answer: This chart summarizes the FED's balance sheet (things the FED has purchased - US treasuries, mortgage backed securities, etc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What could a malicious party potentially achieve by having *just* a name, account number, and sort code? ### Answer: When you want to pay a bill on line there are several ways to do it. You can give t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the big deal about the chinese remnibi trading hub that opened in toronto ### Answer: Chinese suppliers can quote their price in CNY rather than USD (as has been typical), and thus avoid the e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Cannot get a mortgage because I work through a recruiter ### Answer: I think you are running into multiple problems here: All these together look like a high risk to a bank, especially right now with ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm currently unemployed and have been offered a contract position. Do I need to incorporate myself? How do I do it? ### Answer: In short - if you can't get the job without incorporating, then incorpo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the best software tools for personal finance? ### Answer: For any android device you can try: Daily Expense Manager - to track your expenses and a host of other apps to suit your specific nee...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I stockpile nickels? ### Answer: Trying to engage in arbitrage with the metal in nickels (which was actually worth more than a nickel already, last I checked) is cute but illegal, and would be ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are there many small banks and more banks in the U.S.? ### Answer: I can't find a citation, but from memory (EDIT: and reading the newspapers at the time it happened): up until around 1980, banks ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is considered high or low when talking about volume? ### Answer: Volume is really only valuable when compared to some other volume, either from a historical value, or from some other stock. The ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is this investment opportunity problematic? ### Answer: If they own the old house outright, they can mortgage it to you. In many jurisdictions this relieves you of the obligation to chase for payment,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Primary residence converted to a rental property & tax implications ### Answer: You will need to look at the 27.5 year depreciation table from the IRS. It tells you how you will be able to write off t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it ok to have multiple life time free credit cards? ### Answer: Do you need it? It doesn't sound like it - you seem to be able to manage with just the cards you have. Will it hurt anything? Probab...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Potential phishing scam? ### Answer: You need to talk to your bank. If you're unable to contact your bank until Monday, then wait until Monday. Don't fixate on the idea that the transaction may "har...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I get cash from credit card at 0% for 8 months and put it on loans? ### Answer: If there is any fee at all on the cash advance, and zero interest on the student loans (for now), it's not worth ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the yield on my investments stack up against other investors? ### Answer: From an article I wrote a while back: “Dalbar Inc., a Boston-based financial services research firm, has been measuri...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible for all the owners of a stock to gain or lose money at the same time? ### Answer: The Owners of stock keep changing with every Buy and Sell. Hence its theoritically possible that everyo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Understanding the Nasdaq insider trading information ### Answer: Insiders are prevented from buying or selling shares except at certain periods right after information is disclosed publicly. But. Peop...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is Amazon's offer of a $50 gift card a scam? ### Answer: Every financial services company (and cellphone provider, cable and broadband provider, private energy supplier, and so on and so forth - it's ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Good yield vs. safer route (Checking vs. Savings) ### Answer: In personal finance, most of your success is determined by personal habit rather than financial savvy. Getting in the habit of making reg...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do banks finance shared construction as mortgages instead of financing it directly and selling the apartments in a building? ### Answer: Historically, Banks are mandated to take relatively safe ri...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do stocks priced above $2.00 on the ASX sometimes move in $0.005 increments? ### Answer: Like in the US, more flexibility is extended to hidden orders. Australia has taken an aggressive approach t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best way to buy Japanese yen for travel? ### Answer: When I went on vacation to London a few years ago, I looked around at banks with ATM deals with UK banks. I found that B of A had a deal with a UK ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Personal Loan issuer online service ### Answer: Here is a simple loan payment calculator. If you allow early principal repayment, then you should just be able to plug in the new principal amount to f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Did an additional $32 billion necessarily get invested into Amazon.com stock on October 26th, 2017? ### Answer: Stock A last traded at $100. Stock A has 1 million shares outstanding. No seller is will...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I buy stocks if I only want to invest a little bit at a time, and not really be involved in trading? ### Answer: I don't want to get involved in trading chasing immediate profit That is the...
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: 15-19% gains also includes 15-19% and greater losses. They may not be required to disclose that to you i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculating profits for a private fund ### Answer: The total number of shares on April 1st is 100 + 180 + 275 = 555. The price on April 1st is required. The current price is stated as $2, but $2 * 5...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I consider when I try to invest my money today for a larger immediate income stream that will secure my retirement? ### Answer: I don't think you should mix the two notions. Not starting ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Td Ameritrade Roth IRA question ### Answer: Your broker, Ameritrade, offers a variety of Exchange Traded Funds (ETFs) that you can buy and sell with zero commission. An ETF is like a mutual fund, but...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much does it cost to build a subdivision of houses on a large plot of land? ### Answer: You can hire a builder to build for you on a lot that you would be happy to live on with utilities already c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I have a home loan preapproval letter for x, can the seller know this without me explicitely telling them? ### Answer: The seller has a legitimate desire to know of your preapproval. I have two cur...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For somebody that travels the same route over and over again, what are some ways to save on airfare? ### Answer: Yapta.com will track flight prices, so you can know when a good time historically is to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does this plan make any sense for early 20s investments? ### Answer: I would wait, and invest that money in a Roth IRA. Because taxes are paid on the contributions to a Roth IRA, you can withdraw the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happened when the dot com bubble burst? ### Answer: It's tough to share exactly what happened. Go to yahoo and look at the chart for Cisco from 1990 to 2003 or so. From a split adjusted 8 cents a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a building with two flats, can I rent one out and still get a residential mortgage? ### Answer: The simple answer is to get a residential mortgage first, and once you have secured the loan, do ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I buy my house from my landlord? ### Answer: There are probably thousands of houses that you could buy. If you want to buy a house, it is very unlikely that the one you are renting right now is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who can truly afford luxury cars? ### Answer: I want to add that in my country, Israel, the tax on cars is extraordinarily high. Cars in Israel cost in average twice or more then in the US (for exampl...
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 doesn't seem to explain the odd behavior of the collector, but I wanted to point out that the debt collecto...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get started with options investing? ### Answer: One answer in four days tells you this is a niche, else there should be many replies by now. The bible is McMillan on Options Note - I link to t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Annuities question - Equations of value ### Answer: These are the steps I'd follow: $200 today times (1.04)^10 = Cost in year 10. The 6 deposits of $20 will be one time value calculation with a resul...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does 'further borrowing' always mean permanent extra mortgage accounts? ### Answer: It is possible to consolidate mortgages with Nationwide, in some circumstances. Quote from their website: It is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Google Finance: Input Parameters For Simple Moving Averages ### Answer: The difference is that for the one year time frame the data is represented based on daily data and the SMA is 20 days, whilst fo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any way to pay online in a country with no international banking system ### Answer: If the vendor accepts cryptocurrencies, this may be your only option. It's not clear if exporting cryptocur...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I get a list of the top performing funds between two given dates? ### Answer: The closest I can think of from the back of my head is http://finviz.com/map.ashx, which display a nice map and all...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should we buy a house, or wait? ### Answer: You are very young, you make a huge amount of money, and you have (from what information you provide) very little debt. If you simply want to buy a house fo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Invest in low cost small cap index funds when saving towards retirement? ### Answer: You can simply stick with some index funds that tracks the S&P 500 and Ex-US world market. That should provide some...
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: Please stay away from snakes. Don't use a credit card to buy your food. Those credit companies will eat you alive. Those are reward ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How secure is my 403(b)? Can its assets be “raided”? ### Answer: I assume you get your information from somewhere where they don't report the truth. I'm sorry if mentioning Fox News offended you, it w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where do large corporations store their massive amounts of cash? ### Answer: They are using several banks, hedge funds or other financial institutions, in order to diversify the risk inherent to the f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mutual fund capital gain on my 1099-DIV : no cost basis? ### Answer: The capital gain is either short-term or long-term and will be indicated on the 1099-DiV. You pay taxes on this amount as the capit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Account that is debited and account that is credited ### Answer: The terms debit and credit come from double-entry book-keeping. In this system, every transaction is applied against two accounts: it d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any experience with maxing out 401(k)? ### Answer: The biggest challenge as a young person maxing out a 401k in my opinion is the challenge of saving for a house, and (if necessary) paying off student...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to find if a public company has taken out a loan? ### Answer: Somewhat. The balance sheet will include liabilities which as Michael Kjörling points out would tell you the totals for the debt whic...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I invest in gold through Vanguard (Or another instrument that should perform well in financial crisis)? ### Answer: I found a comparison of stock and bond returns. The relevant portion here is th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the top “market conditions” to follow? ### Answer: The best advice I've heard regarding market conditions is: Buy into fear, and sell into greed. That is, get in when everyone is a bear and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would people sell a stock below the current price? ### Answer: Occassionaly a trader will make a blatant mistake. A customer calls to buy 100 shares at $10, and the trader by mistake enters "10 sh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is high trading volume in a stock indicative of? Is high liquidity a good thing or a bad thing? ### Answer: Stocks with a low average daily trading volume ("thinly traded stocks") will also tend ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Saving money in college while paying for college ### Answer: I wouldn't recommend trying to chase a good return on this money. I'd just put it into a savings account of some sort. If you can get a b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If a trendline or pattern breaks due to some bad news but it returns back what to do? ### Answer: There is a technique called the Elliott wave which explains these 'shocks'. The reversal directions yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to use stocks certificate as a gift to a teenager? ### Answer: Yes, depending on what you're trying to achieve. If its just a symbolic gift - you can use a service like this. There are several com...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I am not VAT registered. Do I need to buy from my supplier with excl VAT prices or incl VAT? ### Answer: It looks like there's some confusion about the purchase price and reclaiming VAT. You should pa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shorting stocks: Indicators that a stock will drop? ### Answer: The Art of Short Selling by Kathryn Stanley providers for many case studies about what kind of opportunities to look for from a fundamen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is “The People's Trust” not just another Investment Trust? ### Answer: Well the People's Trust's IPO prospectus is now (2017-09-08) available for all to read (or there's a smaller "information lea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When (if) I should consider cashing in (selling) shares to realize capital gains? ### Answer: The only general rule is "If you would buy the stock at its current price, hold and possibly buy. If you w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I manage my portfolio as stock evaluation criteria evolve? ### Answer: Don't sell. Ever. Well almost. A number of studies have shown that buying equal amounts of shares randomly will beat the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I force him to pay? ### Answer: Its best to seek a lawyer, but it is unlikely you can force him to pay. You probably know couples, that are in some part of the divorce process, that have trouble ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are bonds really a recession proof investment? ### Answer: Without providing direct investment advice, I can tell you that bond most assuredly are not recession-proof. All investments have risk, and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to transfer personal auto lease to business auto lease? ### Answer: I'd approach the lender that you're getting the lease from, but be prepared for them either saying 'no' to putting the lease int...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to Store Funds Generated through FX Trading ### Answer: Earned income is what your software is doing, so it is taxable. So you can't really make it tax exempt. You can form a business and claim t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is diversification better ### Answer: Diversification is the only real free lunch in finance (reduction in risk without any reduction in expected returns), so clearly every good answer to your questio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Selling Stock - All or Nothing? ### Answer: Set a good till cancel GTC order, and partial fills will just roll over to the market session if it doesn't fill completely during the first market session ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do about proxy statements? ### Answer: You own a fractional share of the company, maybe you should care enough to at least read the proxy statements which explain the pro and con positio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible for credit card companies to check credit score in India? ### Answer: Is it possible for the card issuing banks to check my score without my permission? As far as I understand these thi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are bank transactions not instant? ### Answer: If you want your bank to pay $1 to a beneficiary Bob, then the service (no matter how implemented) needs to result in Bob's bank saying to Bob "Hey, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What forms of payment am I compelled to accept? ### Answer: I think cash, travelers checks (little iffy about this one: they're legal tender cash equivalents), and money orders are the only ones that ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing in USD from the Eurozone (Jan 2015) ### Answer: No, this is not solid advice. It's a prediction with very little factual basis, since US interest rates are kept just as low and debt levels a...
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: The insurance company issued the check. I'd contact the insurance company to have the current check voided and a new on...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which Roth IRA is the best for a 21 year old who has about $1500? ### Answer: You are young, and therefore have a very long time horizon for investing. Absolutely nothing you do should involve paying ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I profit from selling a PUT on BBY? ### Answer: Yes. You got it right. If BBY has issues and drops to say, $20, as the put buyer, I force you to take my 100 shares for $2800, but they are worth $...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I get cash compensation for my stocks (following a merger for example) does that qualify for capital gains tax? ### Answer: In the US this is considered a sale, and the proceeds will be taxed as if...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Home Renovations are expensive.. Should I only pay cash for them? ### Answer: Is it a safety thing? If the heat pump goes out you replace it immediately, if your floor looks bad but you aren't trippi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do banks insist on allowing transactions without sufficient funds? ### Answer: This really should be a comment, but I can't yet. The question desperately needs a location tag. In at least some cou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: New or Used Car Advice for Recent College Grad ### Answer: Never buy a new car if cost is an issue. A big chunk of the price will disappear to depreciation as you drive it off the lot. If you want a s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the PEG ratio? How is the PEG ratio calculated? How is the PEG ratio useful for stock investing? ### Answer: PEG is Price/Earnings to Growth. It is calculated as Price/Earnings/Annual EPS Gro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why buy insurance? ### Answer: There are many situations where injecting a certain amount of cash at the right time may reap rewards far in excess of the value of the cash injected. For example, if so...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Optimal number of credit cards for a given length of credit history ### Answer: I have found that between the Discover card and a Visa/Master Card a person has everything covered. In my case the Disco...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Transfer $70k from Wells Fargo (US) to my other account at a Credit Union bank ### Answer: Making a payment of any amount is usually legal, although of course the specific circumstances matter, and I'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Precedent and models for 100% equity available via initial offering? ### Answer: Founder makes available 100% equity, but uses a reasonable amount of the proceeds to pay him/herself a salary (or wage)...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Growth of unrealized gains in tax-managed index funds ### Answer: Right now, the unrealized appreciation of Vanguard Tax-Managed Small-Cap Fund Admiral Shares is 28.4% of NAV. As long as the fund ...
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: If they had told me that I owe them $10,000 from 3 years ago, I wouldn't have anything to fight back. Why? First thi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why buying an inverse ETF does not give same results as shorting the ETF ### Answer: The most fundamental answer is that when you short a stock (or an ETF), you short a specific number of shares on a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where are Bogleheadian World ETFs or Index funds? ### Answer: A proper world porfolio is a non-trivial task. No one answer exists which is the best one and how one should construct it. World? The prob...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a Student Loan and does it allow you to cover a wide range of expenses relating to school? ### Answer: Student loan is a class of unsecured loan. The characteristics that define a student loa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is 0% credit card utilization worse than 1-20% credit card utilization for any reason other than pure statistics? ### Answer: This question has been absolutely perplexing to me. It has spawned a few ...