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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is the price of my investment only updated once per day? ### Answer: Mutual funds are a collection of other assets, such as stocks, bonds and property. Unless the fund is a type that is traded on ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: HELOC vs. Parental Student Loans vs. Second Mortgage? ### Answer: First of all, I'm happy that the medical treatments were successful. I can't even imagine what you were going through. However, you a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Questrade - What happens if I buy U.S. stock with Canadian money? ### Answer: I personally spoke with a Questrade agent about my question. To make a long story short: in a margin account, you are auto...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to sell a worthless option ### Answer: The market maker will always take it off your hands. Just enter a market sell order. It will cost you a commission to pull the loss into this year. But that'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Couch Potato Portfolio for Europeans? ### Answer: The question is asking for a European equivalent of the so-called "Couch Potato" portfolio. "Couch Potato" portfolio is defined by the two URLs provid...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How good is Wall Street Survivor for learning about investing? ### Answer: To be honest, wall street survivor is good but when it comes to learning the stock markets from Europe, Beat wall street is t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I have to pay taxes on income from my website or profits? ### Answer: I am not an accountant, but I do run a business in the UK and my understanding is that it's a threshold thing, which I believe ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Some U.S. Tax Questions (CPA Concerns) ### Answer: He has included this on Schedule D line 1a, but I don't see any details on the actual transaction. It is reported on form 8949. However, if it is f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where to invest, that compounds interest more than annual? ### Answer: Securities (things you can buy on the stock market) that pay dividends usually pay every quarter (every three months), but some ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can used books bought off Amazon be claimed as a tax deduction in Australia? ### Answer: Yes, you can. That the books were purchased from abroad is irrelevant: you incurred an expense in the course o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paid cash for a car, but dealer wants to change price ### Answer: As others have said, if the dealer accepted payment and signed over ownership of the vehicle, that's a completed transaction. While th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it common for a new car of about $16k to be worth only $4-6k after three years? ### Answer: It's possible the $16,000 was for more than the car. Perhaps extras were added on at purchase time; or p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I sell a stock that I don't have, am I required to buy it before a certain amount of time? ### Answer: If you sell a stock you don't own, it's called a short sale. You borrowed the shares from an o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are buyouts always for higher than the market value of a stock? ### Answer: 1) Yes, buyouts are always higher than the trading price. 2) ANYTHING can be negotiated. There is no rule saying buyouts hav...
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: In general, there should be a "liquidity premium" which means that less-liquid stocks s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the maximum I can have stored in a traditional 401(k) and a Roth 401(k)? ### Answer: The numbers aside (I'd not assume 12%/yr) there is no limit to the balance. There are 401(k) accounts that ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For what dates are the NYSE and U.S. stock exchanges typically closed? ### Answer: Stumbled upon this question, I've found the updated dates for 2016 and 2017 in a more permanent location. https://www...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Money transfer to the U.K ### Answer: I'd recommend an online FX broker like XE Trade at xe.com. There are no fees charged by XE other than the spread on the FX conversion itself (which you'll pay an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a good price to “Roll” a Covered Call? ### Answer: An expiration 2 years out will have Sqr(2) (yes the square root of 2!) times the premium of the 1 year expiration. So if the option a year ou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Withdrawing cash from investment: take money from underperforming fund? ### Answer: It looks like the advice the rep is giving is based primarily on the sunk cost fallacy; advice based on a fallacy is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to do with your savings in Japan ### Answer: The reason for these low interests is that the Japanese central bank is giving away money at negative interests to banks. Yes, negative. So, short of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do financial advisors get better deals on mortgages? ### Answer: Yes, maybe for themselves, but for you that depends on quite a number of things. But not all advisors are scum, but accept the fact tha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is debt almost always the cause of crashes and recessions? ### Answer: While debt increases the likelihood and magnitude of a crash, speculation, excess supply and other market factors can result in c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If the U.S. defaults on its debt, what will happen to my bank money? ### Answer: If you are actually referring to all the political rhetoric and posturing over the debt ceiling issue. That's a long w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you find reasonably priced, quality, long lasting clothing? ### Answer: The best way to find good quality is to check the garment tag: What kind of material is it made of? Jersey 100% cotton or...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I started some small businesses but need help figuring out taxes. Should I hire a CPA? ### Answer: Certainly sounds worthwhile to get a CPA to help you with setting up the books properly and learning ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I be doing to protect myself from identity theft? ### Answer: http://annualcreditreport.com gives you free access to your 3 credit bureau records. (Annual, not "free". The "free" guys will...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the difference between a bond and a debenture? ### Answer: Investopedia has definitions for both: Debenture: A type of debt instrument that is not secured by physical asset or collateral. Bond...
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: I agree with Grade 'Eh' Bacon's answer, but there are a couple of ideas that are relevant to your particular situation: If I w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When would one actually want to use a market order instead of a limit order? ### Answer: You put in a market order when you want to sell to whomever raises their hand first. It results in the fastest...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the alternatives to compound interest for a Muslim? ### Answer: There are many Shariah compliant investments, so that could direct your resulting searches. Shariah compliance is a very strict...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I use a credit repair agency? ### Answer: I've kind of been there myself. I stretched my finances for the deposit on a house, and lived off my credit card for a few months to build up what I w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to sell a stock at a higher value than the market price? ### Answer: You can ask for 305rs, but as long as shares are available at lower prices you won't sell. Only when your ask become...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do some online stores not ask for the 3-digit code on the back of my credit card? ### Answer: The truth is that Visa does not require a merchant to enter the cvv number before authorizing a transa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: High credit utilization, some high interest - but credit score not overly bad. How to attack debt in this situation? ### Answer: While paying off your debt quickly is obviously desirable it is simply ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Relative merits of Petrobras as an investment ### Answer: Could be risky, consider that some of their assets in Bolivia were nationalized. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why liquidity implies tight spread and low slippage ### Answer: Theoretically, it's a question of rate of return. If a desired or acceptable rate of return for market makers' capital is X, and X is de...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I pay taxes on a gift of mutual funds? ### Answer: First of all, in the U.S., no Federal gift tax has to be paid by the recipient of the gift; it is the donor who has to pay gift tax, if any is du...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does “/” and “^” mean in ticker symbols? How to translate these symbols into yahoo? ### Answer: There isn't a single universal way to reference a stock, there are 4 major identifiers with many di...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does Value get rounded in figuring out Bonds Value? ### Answer: With the formula you are using you assume that the issued bond (bond A) is a perpetual. Given the provided information, you can't re...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: IS it the wrong time to get into the equity market immediately after large gains? ### Answer: Its best to dollar cost average adding say 5%-10% a quarter into the fund. That's what Clark Howard would ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Live in Florida & work remote for a New York company. Do I owe NY state income tax? ### Answer: New York State is one of a few states that will go after telecommuter taxes (such that some people may e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the marks of poor investment advice? ### Answer: Any investment advice that is not targeted to your situation should be avoided. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: logistical details of interest and dividend payments on assets traded on the secondary market? ### Answer: To Many question and they are all treated differently. I was wondering how the logistics of i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get a down payment for your next home? Use current home as the down payment on the new one? ### Answer: This is of course a perfectly normal thing to happen. People trade up to a bigger house ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does a Dividend “will not be quoted ex” mean? ### Answer: One occastion where "will not be quoted ex" is used is when a corporate action is occurring such as a spin-off. In such a case, the righ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What intrinsic, non-monetary value does gold have as a commodity? ### Answer: Extrinsic value is not a factor with respect to gold. Intrinsic value by definition is the natural value of a commodity s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculate time to reach investment goals given starting balance? ### Answer: Here's a formula; I had to go over to SEMath, use their MathJax to compose the answer and then paste this screen shot. As ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to incentivize a real-estate broker to find me a cheap house ### Answer: Shop lots of houses. Find at least three you want and start by offering a low price and working your way up. Your risk is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the process of “assignment” work for in-the-money Options? ### Answer: When the strike price ($25 in this case) is in-the-money, even by $0.01, your shares will be sold the day after expirati...
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: Quoted from money.howstuffworks.com: NASDAQ has come up with an auction approach called the ope...
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: I'm answering this from a slightly different angle, but there are people (individuals) who will ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to execute a large stock purchase, relative to the order book? ### Answer: I am able to place an 'all or none' order with my broker. But doing so reduces the number of potential sources to fulfill...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much time should be spent on Penny Stocks Trading a day? ### Answer: 1) Don't trade individual stocks. You expose yourself to unnecessary risk. 2) Pick a fund with low expenses that pays a dividen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Income Tax and Investments ### Answer: Unless you make those investments inside a tax-deferred account, you will have to pay income-taxes on that money this year. Because you made that money through y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: why is the money withdrawn from traditional IRA taxed at the ordinary income tax rate? ### Answer: In a Traditional IRA contributions are often tax-deductible. For instance, if a taxpayer contributes ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why index funds have different prices? ### Answer: Funds which track the same index may have different nominal prices. From an investors point of view, this is not important. What is important is th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is insurance worth it if you can afford to replace the item? If not, when is it? ### Answer: In regards to purchasing full coverage on your car even if you can afford to replace it, consider the hassl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Transfer money from a real estate sale in India to the US ### Answer: If you are using the money to invest in a property (even abroad) then you can claim tax exemption. while some people will tell you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Process for dissolving a recently-opened Colorado LLC? ### Answer: Forms for the Colorado LLCs are online. You can find the link to the dissolution form here, and instructions here. IRS instructions a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Option trading: High dollar value stock option and equity exposure ### Answer: You're forgetting the fundamental issue, that you never have to actually exercise the options you buy. You can either se...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Credit card issued against my express refusal; What action can I take? ### Answer: I believe it is so. It doesn't sound like they did anything outright illegal, just a pushy upsell. You can complain...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Optimal Asset Allocation ### Answer: Generally a diversified portfolio will give you a better overall return --a couple of factors that may address what you are looking at - 1) Correlation - The corre...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I plan to buy a car in cash, should I let the dealer know? ### Answer: Ditto other answers, but I'd add there's a lot of psychology going on in a sale. If you're paying cash, you presumably have a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's a good option for passive income for a college student? ### Answer: As mentioned in the other answer, you can't invest all of your money in one slightly risky place, and to receive a significan...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros & cons of buying gold directly vs. investing in a gold ETF like GLD, IAU, SGOL? ### Answer: If you want to speculate on gold price you should always buy an ETF/ETC (Exchange Traded Commodity). Th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where do short-term traders look for the earliest stock related news? ### Answer: I work for a fund management company and we get our news through two different service providers Bloomberg and Thomson...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is a stock that pays a dividend preferrable to one that doesn't? ### Answer: Check out the questions about why stock prices are what they are. In a nutshell, a stock's value is based on the future...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any difficulties in doing deceased relative's taxes? ### Answer: There are two different tax returns you'll be doing: one is for her, until the day of her death. The other is for the estate. The perso...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the alternatives to compound interest for a Muslim? ### Answer: Because so many businesses make some money through some form of compound interest, like a business that saves its earnings in a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 23 and on my own, what should I be doing? ### Answer: You are doing Great! But you might want to read a couple of books and do some studying on budgeting and personal finance - education yourself now ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Friend was brainwashed by MLM-/ponzi investment scam. What can I do? ### Answer: Even though this is really a psychology question, I'll try to give you an answer. You do nothing but stay away. What's...
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: Shorts are difficult because you have to find someone to lend the stock to you. In contrast, put option...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investment strategies for young adults with entrepreneurial leanings? ### Answer: Diversity of risk is always a good idea. The cheapest equity-based investment (in terms of management costs) is some ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Anyone please explain the meaning of turnover in this pic? ### Answer: The Business Dictionary has three definitions of "turnover". When it comes to share dealing, the most likely one is the total va...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why might it be advisable to keep student debt vs. paying it off quickly? ### Answer: If the interest rate on the student loan is lower than inflation, then the student loan will be "cheaper" the long...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Car Insurance - Black box has broken and insurance company wants me to pay? ### Answer: Unless it is in the contract that you must replace it then this should be replaced by your insurance. They sent ...
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: My 0,02€ - I probably live in the same country as you. Stop worrying. The Euro zone has a 100.000€ guaranty depo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I set up a recurring payment to an individual (avoiding fees)? ### Answer: Ask your bank or credit union. Mine will let me issue recurring payments to anyone, electronically if they can, if no...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a term for the risk of investing in an asset with a positive but inferior return? ### Answer: In my opinion the risk is about the lost opportunity cost. You can find a lot of articles about i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can an ETF, open at a price other than what the pre-market was at? ### Answer: If you're talking about an ETF trading on Arca, it's probably because of the opening auction: The match price is the pric...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Brief concept about price movement of a particular stock [duplicate] ### Answer: It depends completely on the current order book for that security. There is literally no telling how that buy order wo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When's 0% financing the least costly (best) option? ### Answer: A Lease is an entirely different way of getting a car. In two situations it makes sense, in all other scenarios it generally doesn't mak...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a company with a bad balance sheet be paying dividends? ### Answer: Having a debt on a balance sheet does impact the capability and willingness of the company to pay dividend. But more than ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using Fibonacci Extensions to set profit targets? ### Answer: fibonacci levels (retracements,expansions, arcs) are all arbitrary numbers with no statistical significance. that said thousands of trader...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Facebook buying WhatsApp for 19 Billion. How are existing shareholders affected? ### Answer: It's a dilution of the ownership; the public used to own x% of Facebook and now they own less than x% of th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Possible Risks of Publicizing Personal Stock Portfolio ### Answer: I am considering making my investment history publicly available online What is the benefit you are looking for by doing this? Just t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Theoretically, if I bought more than 50% of a company's stocks, will I own the company? ### Answer: I believe Tom Au answered your key question. Let me just add in response to, "What if someone was ju...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a good options strategy that has a fairly low risk? ### Answer: Check out this site: http://www.m-x.ca/produits_options_actions_en.php (Under the Trading Strategies). If you have a backgroun...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Real estate agent best practice ### Answer: There are people that make up a small segment of the population that have an unsatisfied need to see the insides of other people's houses. There's also a s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who performs the blocking on a Visa card? ### Answer: There are, in fact, two balances kept for your account by most banks that have to comply with common convenience banking laws. The first is your ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Previous owner of my home wants to buy it back but the property's value is less than my loan… what to do? ### Answer: It's a short sale. See these for good overviews: http://www.realtor.org/library/li...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Asset protection: When should an individual seriously consider shielding their assets? ### Answer: If your meaning of "asset protection" is buying gold and canned food in the name of a Nevada LLC beca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Learn investing as a programmer ### Answer: My master's thesis was on using genetic algorithms and candle stick method. If you are familiar, the AI was used to answer questions like "what is a long d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Cheapest way to wire or withdraw money from US account while living in Europe ### Answer: Atm machine and my Credit Union account. Low fees (often zero, if the machine is on any of the same networks) ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 15 year mortgage vs 30 year paid off in 15 ### Answer: If the interest rate in both mortgages is the same, then yes, you will end up paying the same amount in interest if both are paid off in 15 years...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate how much house I can afford? ### Answer: $100K of mortgage debt at 4%, 30 years will result in a $477/mo mortgage. It would take about $23K in income to have 25% of the monthly income...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros & cons in Hungary of investing retirement savings exclusively in silver? What better alternatives, given my concerns? ### Answer: To be honest, I think a lot of people on this site are doing you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Company stock listed in multiple exchanges? ### Answer: listed simultaneously in New York, London, and maybe even some Asian markets - is this correct? If the exchanges are not connected, then in prim...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What can my relatives do to minimize their out of pocket expenses on their fathers estate ### Answer: Consider contracting with a property management company to lease and maintain the house until it c...