Datasets:
circircircle
/
FinQA

Dataset card Data Studio Files
xet
 Community
text
stringlengths
146
45.7k
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculate a weekly payment on a loan when payment is a month away ### Answer: At time = 0, no interest has accrued. That's normal. And the first payment is due after a month, when there's a month's in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I invest $35,000 for 3-5 months? [duplicate] ### Answer: Yes, and there are several ways, the safest is a high-yield savings account which will return about 1% yearly, so $35 per month. That's ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In 2015, why has the price of natural gas been plummeting? ### Answer: You do not hold leveraged ETF for longer than a few days. You have UGAZ and DGAZ, both 3x leveraged, one longs one shorts. What...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Multiple accounts stagnant after quitting job. ### Answer: What is my best bet with the 401K? I know very little about retirement plans and don't plan to ever touch this money until I retire but could...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: As a 22-year-old, how risky should I be with my 401(k) investments? ### Answer: At 50 years old, and a dozen years or so from retirement, I am close to 100% in equities in my retirement accounts. Mos...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: At what point do index funds become unreliable? ### Answer: The argument you are making here is similar to the problem I have with the stronger forms of the efficient market hypothesis. That is if th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Life insurance policy ### Answer: I would like to add to the answer provided by Dheer. I think under some ULIPs you need not pay premium after 3 years and you can take the money back after 5 years (so...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paypal website donations without being a charity ### Answer: Yes, Paypal has such a button you can use, but to be clear, the money you receive is taxable income. Your website is providing 'value' to t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Prices go up and salary doesn't: where goes delta? ### Answer: Salaries normally shouldn't fluctuate with inflation and deflation... Inflation prevents consumers from spending (prices get too high), u...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Optimal down payment amount ### Answer: The optimal down payment is 100%. The only way you would do anything else when you have the cash to buy it outright is to invest the remaining money to get a be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I make more conservative investments in my company 401(K) if I'm going to leave the job in a couple of years? ### Answer: It doesn't make a difference if you will be keeping it in the 401K or t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How important is reconciling accounts for a small LLC (Quickbooks)? ### Answer: I would suggest opening a new account (credit card and bank) for just your business. This protects you in multiple ways,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What considerations are there for making investments on behalf of a friend? ### Answer: how many transactions per year do you intend? Mixing the funds is an issue for the reasons stated. But. I have ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What assets would be valuable in a post-apocalyptic scenario? ### Answer: This is going to be a list of some things that will likely be of value immediately after some apocalyptic event. However, not...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What time period is used by yahoo finance to calculate beta ### Answer: Citing the Yahoo Finance Help page, Beta: The Beta used is Beta of Equity. Beta is the monthly price change of a particular co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: One Share Stock Reverse Split ### Answer: Any time there is a share adjustment from spin-off, merger, stock split, or reverse slit; there is zero chance for the stockholders to hang on to fractional s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I be contributing to my 401(k), traditional or Roth? ### Answer: The Finance Buff discusses why the Roth 401k is often disadvantaged compared to a Traditional 401k in the article The Case A...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can my U.S. company do work for a foreign company and get wire transfers to my personal account? ### Answer: It seems that you're complicating things quite a bit. Why would you not create a business ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens if I get approved for financing, but don't make the purchase? ### Answer: Nothing will happen. It will not affect your credit score. You are not in trouble. :) Assuming that you didn't a...
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 think this is possible under very special conditions. The important part of the description here is probably retired and rich. The a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Wash sale rules in India (NSE/BSE) ### Answer: I sold it at 609.25 and buy again at 608.75 in the same day If you Sold and bought the same day, it would be considered as intra-day trade. Profit will b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it rational to pay out a dividend? ### Answer: Actually, share holder value is is better maximised by borrowing, and paying dividends is fairly irrelevant but a natural phase on a mature and st...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What Happens To Stocks During Hyperinflation ### Answer: Stocks in the Weimar hyperinflation are discussed in When Money Dies. I don't own a copy of the book but here is a link to a blog post about it...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Everyone got a raise to them same amount, lost my higher pay than the newer employees ### Answer: This question is largely opinion based but I wanted to balance out the people jumping on you. There ar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How Warren Buffett made his money ### Answer: There is actually a recent paper that attempted to decompose Buffett's outperformance. I've quoted the abstract below: "Berkshire Hathaway has realized a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much money should I lock up in my savings account? ### Answer: Firstly well done on building a really sold base of savings. An emergency fund needs to have two key characteristics: Be enough to ge...
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: I would be inclined to back the 'tip jar' weblink idea, this is very prolific within the Twitch community, as a method of tipping and t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When will Canada convert to the U.S. Dollar as an official currency? ### Answer: I don't see countries switching to the USD, I see countries moving away from it. The US has the largest peace time debt...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is a debt collector allowed to make a hard inquiry on your credit report? ### Answer: According to the Fair Credit Reporting Act: any consumer reporting agency may furnish a consumer report [...] to a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: While working overseas my retirement has not gone into a retirement account. Is it going to kill me on the FAFSA? ### Answer: Are the schools going to count all my retirement I've saved over the las...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can rebuilding a city/large area be considered an economic boost? ### Answer: It will have some positives, and some negatives. The hardest hit will be the insurance agencies, as well as banks. Man...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When should I start an LLC for my side work? ### Answer: An LLC is overkill for 99% of 1 man small businesses. Side-businesses should remain as sole proprieterships until they get much larger and need...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does on-demand insurance company Trov prevent insurance fraud or high prices? ### Answer: I am not familiar with the startup you mentioned, but in general there are three approaches to avoid losin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to make use of EUR/USD fluctuations in my specific case? ### Answer: This is called currency speculation, and it's one of the more risky forms of investing. Unless you have a crystal ball that te...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros/cons of borrowing money using a mortgage loan and investing it in a low-fee index fund? ### Answer: Risk is the problem, as others have pointed out. Your fixed mortgage interest rate is for a set...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When filing taxes in Canada, in what cases does box 39 on the T4 get reported as half of box 38? ### Answer: Assuming you purchased shares that were granted at a discount under the ESPP the 50% exempt...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: UK: Personal finance book for a twenty-something ### Answer: Try this as a starter - my eBook served up as a blog (http://www.sspf.co.uk/blog/001/). Then read as much as possible about investing. Once...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do stock prices really go down by the amount of the dividend? ### Answer: Ex-Dividend Price Behavior of Common Stocks would be a study from the Federal Reserve Bank of Minneapolis and University of Mi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Trading large volumes with penny profits per share ### Answer: Currently my online savings account pays an interest rate of 1.25%. With 100K, I can earn about $104 per month in that account. No risk...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What could be the harm in sharing my American Express statements online? ### Answer: American Express is great for this use case -- they have two user roles "Account Agent" and "Account Manager" which...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much percent of my salary should I use to invest in company stock? ### Answer: One such strategy I have heard for those who have this opportunity is to purchase the maximum allowed. When the windo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Smartest Place to Put Tax Refund ### Answer: Welcome to Money.SE. Your question is similar to a number of others. The "How do I pay my debt down?" and "How do I invest extra money?" is a bit of a cont...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Record retention requirements for individuals in the U.S.? ### Answer: Here is an IRS Publication 552 covering records retention The publication covers many areas, including proof of income, bank stat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to borrow money to accrue interest, and then use that interest to pay back the borrower + fees? ### Answer: Your plan as proposed will not work, because it goes against how banks make m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Am I liable for an auto accident if I'm a cosigner but not on the title, registration, or insurance policy? ### Answer: I am sure that laws differ from state to state. My brother and I had to take ov...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to invest in gold at market value, i.e. without paying a markup? ### Answer: I agree that there is no reliable way to buy gold for less than spot, no more than there is for any other commodity. Ho...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Online sites for real time bond prices ### Answer: FINRA lets you view recent trades, but as stated in the other answer bonds are illiquid and often do not trade frequently. Therefore recent trades pr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there contracts for fixed pay vs. fixed pay rates? ### Answer: Yes. I have personally signed such contracts (fixed budget software development) and lost money every single time. And yes, it is qui...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I trade options in the U.S. using Schwab. How could my wife do the same in Canada? ### Answer: Your wife could open a non-registered margin trading account with a Canadian full-service or discount bro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Confused about google portfolio chart ### Answer: You bought 1 share of Google at $67.05 while it has a current trading price of $1204.11. Now, if you bought a widget for under $70 and it currently se...
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: For me, the emergency fund is meant to cover unexpected, but necessary expenses that I didn't budget for. The emergenc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much percent of my salary should I use to invest in company stock? ### Answer: You're talking about ESPP? For ESPP it makes sense to utilize the most the company allows, i.e.: in your case - 15% o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do common stocks and preferred stocks have any differences in terms of percentage of the company per unit they represent? ### Answer: Typically, preferred shares come with one or both different benefi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Higher auto insurance costs: keep car or switch to public transit? ### Answer: So you will be saving $450 + price of commuting gas - cost of transportation + cost of commuting maintenance - the cost o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How FTB and IRS find mistakes in amended tax returns? Are their processes reliable? ### Answer: The FTB, as any government agency, is understaffed and underpaid. Even if someone took a glance and it w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a high share price benefit a company when it is raising funds? ### Answer: Share price is based on demand. Assuming the same amount of shares are made available for trade then stocks with a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Deposit a cheque in an alternative name into a personal bank account (Australia) ### Answer: You actually don't have to open a business account with your bank, you can have a personal account with the...
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: Do a monthly budget, unique to each month, before the month begins, spend all of your money on paper. Use en...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do Americans have to file taxes, even if their only source of income is from a regular job? ### Answer: A couple things. First of all, most people's MAIN source of income is from their job, but th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are US target retirement funds weighted so heavily towards US stocks? ### Answer: Excellent question, though any why question can be challenging to answer because it depends on the financial produ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does one determine the width of a candlestick bar? ### Answer: You could theoretically use any time period unit, but 1 minute and 30 minute seem to be the most common and useful. Especially for ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it better to pay an insurance deductible, or get an upgrade? ### Answer: I'm going to guess you're on Verizon and your wife has an iPhone. I just went through this exact same situation with my mom'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 401k compound interest vs other compound interest ### Answer: 1a. It isn't. Compound interest is compound interest. It works no different within a 401(k). 1b. Yes. 401(k)'s are made up of the same und...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to build a U.S. credit history as a worker on a visa? ### Answer: Credit is important for many reasons. Establishing credit is an important step and should be no challenge for someone who already ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Generally Accepted Accounting Principles question ### Answer: You recognize expense when you sell the hot dog. When you pay for the buns you have inventory, which is an asset. When you sell the hot do...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: New to investing — I have $20,000 cash saved, what should I do with it? ### Answer: My advice to you is not to take any advice from anyone when it comes to investing, especially when you don't know mu...
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: Yes, it is safe, we have been doing it for years. We prefer our tenants to make their rent payments in this manner. In fact, we prefer that they set up an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to read DOJI chart pattern correctly? ### Answer: Candle stick patterns are generally an indication of possible short term changes in price direction (if a reversal pattern). A doji is such a reve...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why the volume disparity between NUGT and DUST? ### Answer: NUGT and DUST are opposites - DUST is a 'bear' (tracks 3x the inverse) and NUGT is a 'bull' (tracks 3x the actual). So if NUGT is much high...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I explain why debt on debt is bad to my brother? ### Answer: Two suggestions: I don't know if you have them in South Africa, but here we have some TV reality shows where a credit consultant vis...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: At what point does it become worth it to file an insurance claim? ### Answer: An article linked from cnn.com has some great advice, which I think are good rules of thumb. Also, at least my insurance g...
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 don't think you're missing anything on the math side as far as the payments. Likewise, it may seem everyone's driving a nicer car, but I'm going to pre...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell my stocks when the stock hits a 52-week high in order to “Buy Low, Sell High”? ### Answer: Obviously a stock that's hit a high is profit waiting to be taken, be safe, take the money, Sel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax implications of holding EWU (or other such UK ETFs) as a US citizen? ### Answer: My understanding is that EWU (and EWUS) are both traded on US stock markets (NYSE & BATS), and as such these are no...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I add my income to my personal finance balance? ### Answer: I don't think you need double-entry bookkeeping. To quote Robert Kiyosaki (roughly): Income is when money enters you pocket, and expe...
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: The reason that stock buybacks are not considered insider trading is because the offers are open to all on equal terms to everyone ou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is gold really an investment or just a hedge against inflation? ### Answer: Over time, gold has mainly a hedge against inflation, based on its scarcity value. That is, unless finds some "killer app" f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: UK Contractor with Limited Company ### Answer: I know a guy on a much higher rate than me, about £500 per day, and he claims to pay around 18% tax which has me bewildered He will be showing expenses, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What factors should I consider in picking a bond? ### Answer: just pick a good bond and invest all your money there (since they're fairly low risk) No. That is basically throwing away your money and w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I purchase stocks or not? ### Answer: You didn't give enough information. What is your goal? What is your financial situation? A discount to buy company stock can seem very tempting. I was tem...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax deductions on car and/or home? ### Answer: If you itemize your deductions then the interest that you pay on your primary residence is tax deductible. Also realestate tax is also deductible. Both g...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Boyfriend is coowner of a house with his sister, he wants to sell but she doesn't ### Answer: That ain't nothing. It's really easy to get "whipped up" into a sense of entitlement, and forget to be gr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investment Options for 14-year old? ### Answer: A Junior ISA might be one option if you are eligible do you have a CTF? (child trust fund) though the rules are changing shortly to allow those with CTF...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How did my number of shares get reduced? ### Answer: How can they reduce the number of shares I hold? They may have purchased them. You don't say what stock it is, so we can only speculate. Let's sa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a country that uses the term “dollar” for currency without also using “cents” as fractional monetary units? ### Answer: Wikipedia has a nice list of currencies that use "cents" and currencies...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How are they earning money in the movie “Trading Places”? ### Answer: They are not selling stocks. They are selling OJ futures contracts. Selling a futures contract at 142 gives the buyer the right to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: irr calculation on stock with dividends ### Answer: Re. question 2 If I buy 20 shares every year, how do I get proper IRR? ... (I would have multiple purchase dates) Use the money-weighted return ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Put idle savings to use while keeping them liquid ### Answer: This may sound a little crazy but I would take $5K of that money and buy whiskey with it (Jack Daniel's would be my preference). My guess ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do investors buy stock that had appreciated? ### Answer: You seem to prefer to trade like I do: "Buy low, sell high." But there are some people that prefer a different way: "Buy high, sell higher....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can compensation income from an employee stock purchase plan be negative? ### Answer: The sentence you quoted does not apply in the case where you sell the stock at a loss. In that case, you recognize...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm thinking of getting a new car … why shouldn't I LEASE one? ### Answer: Here are the reasons I did not lease my current car. When you lease, you're tied in at a monthly payment for 48 months or mor...
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: NO Even worse, most BTL(buy to let) lenders will not lend if you are going to be living in the pr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do brokers make money from margin accounts? ### Answer: Your broker will charge you commissions and debit interest on your "overdraft" of $30,000. However it is very likely that your contract with...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In the stock market, why is the “open” price value never the same as previous day's “close”? ### Answer: What most of these answers here seem to be missing is that a stock "price" is not exactly what ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Want to buy expensive product online. Credit line on credit cards not big enough. How do “Preferred Account” programs work? ### Answer: The preferred accounts are designed to hope you do one of severa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: SEP-IRA doing 1099 work on the side of a W2 employee job ### Answer: The limit on SEP IRA is 25%, not 20%. If you're self-employed (filing on Schedule C), then it's taken on net earning, which in you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Was on debt..can I now enter UK on visitor visa ### Answer: Whether or not you'll be allowed to enter the UK is a topic for a different forum (and really more a topic for a lawyer rather than stranger...
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: It very much comes down to question of semantics and your particular situation. Some people do not view a house (and most upgrades...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are Vanguard's Admiral Shares? ### Answer: Vanguard's Admiral shares are like regular ("investor") shares in their funds, only they charge lower expense ratios. They have higher investment minimu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can a person with really bad credit history rent decent housing? ### Answer: Here's some ideas: Hope that helps. ###end