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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does renting a room on AirBnB make all interest taxable? ### Answer: What theyre fishing for is whether the money was earned in the U.S. It's essentially an interest shelter, and/or avoiding double t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does the low CAD positively or negatively impact Canadian Investors? ### Answer: When you want to invest in an asset denominated by a foreign currency, your investment is going to have some currency r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How a company can afford to give away so many shares as part of its ESOP ### Answer: There are two sources for shares that employees buy through ESOPs. A company can simply buy the shares on the open ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Better to rent condo to daughter or put her on title? ### Answer: @Pete B.'s answer is good, but there's an important note to consider for tax purposes. It's too large for a comment, so I'm adding it...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 2 houses 450k each or one 800k? ### Answer: Forget the math's specifics for a moment: here's some principles. Additional housing for a renter gives you returns in the form of money. Additional housing...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying from an aggressive salesperson ### Answer: This is way too long for a comment, so I am posting this as an answer. My bet is that you're buying a new piano. It is the only instrument that makes ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to account for startup costs for an LLC from personal money? ### Answer: If you are using software like QuickBooks (or even just using spreadsheets or tracking this without software) use two Equit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Terminology: What are the labels associated with a share called? ### Answer: If the first one is literally a company name, then 'company name' is fine. However, companies can issue shares more than on...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the valuation of a company based on? ### Answer: There is no such thing as a correct value. There are different ways to calculate (read: guess) an anticipated value, but neither of them is the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best way to determine if you should refinance a mortgage? ### Answer: Our mortgage provider actually took the initiative to send us a refinance package with no closing costs to us and noth...
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: I looked at this a little more closely but the answer Victor provided is essentially correct. The key to look at in the google ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does the rise in ACA premiums affect employer-provided health insurance premiums? ### Answer: There are a lot of moving parts, individual premiums and annual increases have little to do with employer ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to compute for losses in an upside down trade-in of a financed car? ### Answer: I think you are making this more complicated that it has to be. In the end you will end up with a car that you paid...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mutual Fund with Dividends ### Answer: There are two independent sets of terms we need to define in order to answer your question. I am trying to understand the difference between Value, Blend, and G...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What percentage of my portfolio should be in individual stocks? ### Answer: I think it depends entirely on your risk tolerance. Putting money in individual stocks obviously increases your risk and pot...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does the -V indicate on MKC ticker ### Answer: MKC is non-voting stock, MKC/V is voting stock. Ofter times you'll see two or more stock symbols for a company. These usually reflect different cla...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are warehouse clubs like Costco and Sam's Club worth it? ### Answer: I know that for me personally, if I buy that giant box of Goldfish instead of the bags, it doesn't mean I'm saving money... just ea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In which situations is it better to consider a loan instead of paying cash? ### Answer: Your practice of waiting until you can pay cash is a good one. It will certainly prevent you from getting into d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When a stock price rises, does the company get more money? ### Answer: Seems like no one in this thread has heard of "treasury stocks", which indeed allow a company to own and sell its own stock. Thin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't people generally save more of their income? ### Answer: This question is likely to be voted closed as opinion-based. That said - In general people have become accustomed to instant gratifica...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who owned my shares before me? ### Answer: The answer in theory is yes. The answer in reality is no. Let me explain: Combine all of these lists and perhaps you could get a complete record. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ideal investments for a recent college grad with very high risk tolerance? ### Answer: If you have been putting savings away for the longer term and have some extra funds which you would like to take ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Got charged ridiculous amount for doctor's walk in visit. What are my options? ### Answer: You should start by calling the clinic and asking them to tell you how the visit was coded. Some clinics have...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Non-qualified Savings Plan vs. 401(k) for Highly Compensated Employee ### Answer: Also, in (5), is it considered unpaid wages? Because that's pretty high on the bankruptcy hierarchy. No. It is near t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you sell stocks/commodities for any price you wish (either direct or market)? ### Answer: I think for this a picture is worth a thousand words. This is a "depth chart" that I pulled from google i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dec 31 accounting for S Corp - what to do with loss? ### Answer: Conceptually, the entries are: Yes. And since you're the sole owner, your basis will equal to the equity balance on the balance sheet...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Owing state tax Interest and a result of living in Maryland and working in Virginia ### Answer: The reciprocity agreement in the Washington DC area means that you only pay income taxes where you live,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do money markets fluctuate during market crashes? ### Answer: As the commenters have already indicated, money market mutual funds are not guaranteed to maintain principal during all market conditions,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For net worth, should I value physical property at my cost to replace it, or the amount I could get for selling it? ### Answer: You are not asking for insurance purposes. So I'll go with this - I have...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are my parents ripping me off with this deal that doesn't allow me to build my equity in my home? ### Answer: Are you in the United States? Is there some sort of written agreement that the money your ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I find the current price to rent ratio of the locality of my interest? ### Answer: Chris, this is an arbitrage question with a twist: you cannot treat the location you want to live objective...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Creating a personal company ### Answer: You're confusing so many things at once here...... First thing first: we cannot suggest you what to do business-wise since we have no idea about your business. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a good way to keep track of your credit card transactions, to reduce likelihood of fraud? ### Answer: Read your bill, question things that don't look familiar. People who steal credit card num...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any reason not to put a 35% down payment on a car? ### Answer: If you are going to finance a used car, it is frequently best to arrange financing before you even pick out the car. The easi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What type of pension should I get? ### Answer: It's best to roll over a pension plan, you don't want to pay the penalties especially when you are young. Rolling over into another scheme, or rolling ov...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Capital gains on no-dividend stocks - a theoretical question ### Answer: Berkshire Hathaway would be a good example of a company that has yet to pay dividends, yet is a highly valued stock. A couple o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a good 5-year plan for a college student with $15k in the bank? ### Answer: A good question -- there are many good tactical points in other answers but I wanted to emphasize two strategic poin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it normal that US Treasury bills(0.07%) yield smaller than interest rate(0.25%)? ### Answer: Im not sure if its normal/sensical/healthy, and that is kind of opinion based. But there is a reason for...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Search index futures in Yahoo Finance or Google Finance ### Answer: Neither site offers index futures or options pricing. Your best best is likely to get the quote from a broker who supports trading ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I got my bank account closed abruptly how do I get money out? ### Answer: First, if your account has been closed you should not be able to use your debit card in any format. As you mentioned that you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Debit card for minor (< 8 y.o.) ### Answer: GreenLight offers a paid service for $5 per month that requires an adult primary account holder, and then unlimited accounts, including minors, as part of t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For a mortgage down-payment, what percentage is sensible? ### Answer: Well hindsight tells us now that by and large, doing 100% borrowing was not the best policy we could have taken. It gets nitpicky...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Strategies to recover from a bad short-term call options purchase where the underlying dropped instead? ### Answer: The nature of options requires you to understand that they are essentially a bet. In...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any instance where less leverage will get you a better return on a rental property? ### Answer: leverage amplifies gains and losses, when returns are positive leverage makes them more positiv...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have an extra 1000€ per month, what should I do with it? ### Answer: Lots of good advice on investing already. You may also want to think about two things: A Bausparvertrag. You can set this up for ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I pay off my private student loans that have a lot of restrictions? ### Answer: It doesn't make a whole lot of sense to save up and wait to make a payment on any of these loans. Any dollar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How a company in India can misuse my PAN number and its scanned copy that I provided as an interview candidate? ### Answer: There is a possibility of misuse. Hence it should be shared judiciously. Sha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What if 40% of the remaining 60% Loan To Value (ratio) is not paid, or the borrower wants to take only 60% of the loan? ### Answer: Let me summarize your question for you: "I do not have the down paym...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: The Asset Allocation Paradox ### Answer: I recommend you take a look at this lecture (really, the whole series is enlightening), from Swenson. He identifies 3 sources of returns: diversification, timi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I transfer money from a personal pension to a SIPP, while leaving the original pension open? ### Answer: Yes it's entirely possible; see below. If you can't find anything on transfers out (partia...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I even need credit cards? ### Answer: Like many things, there are pros and cons to using credit cards. The other folks on here have discussed the pros and length, so I'll just quickly summarize: Co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does quantitative easing 2 mean for my bank account? ### Answer: IMO, QE2 will likely have no perceptible impact in the near term. Keeping all of your savings in a bank guarantees that you will l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I invest in the world's strongest currency instead of my home currency? ### Answer: Currency speculation is a very risky investment strategy. But when you are looking for which currency to deno...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is this mortgage advice good, or is it hooey? ### Answer: add the interest for the next 5 payments and divide that by how much you paid on the principal during that time Let's see - on a $200K 6% loan...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it safe to take a new mortgage loan in Greece? ### Answer: No it is not safe to take out a new mortgage - loan or anything credit related or any investment - in greece. Growing political risk, bond...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much more than my mortgage should I charge for rent? ### Answer: Agree with the previous posts the question is poorly worded. -but- Clark Howard does say you really need to be getting 90% back i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the purpose of property tax? ### Answer: Governments only have a few ways to get income: tax income, tax consumption, tax property (cars & boats), tax real estate, or tax services (hotel & mea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: At what point is it most advantageous to cease depositing into a 401k? ### Answer: The only time to stop saving money for retirement is when you have enough money to retire tomorrow. Not all of your "...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are Index Funds really as good as “experts” claim? ### Answer: The point of buying an index fund is that you don't have to pick winners. As long as the winners are included in the index fund (which ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is the stock market closed on the weekend? ### Answer: There are a number of factors here. 1) It's important that there is human oversight on the system. At one level someone needs to be monitorin...
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: The amount of money you have should be enough for you to live a safe but somewhat restricted life if you never worked again - ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Settlement of Shares Underlying a Covered Call Option ### Answer: It's a covered call. When I want to create a covered call position, I don't need to wait before the stock transaction settles. I ente...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculation, timing, and taxes related to profit distribution of an S-corp? ### Answer: We will bill our clients periodically and will get paid monthly. Who are "we"? If you're not employed - you're n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I exchange rental property for REIT stock with 1031? ### Answer: would buying the stock of a REIT qualify as a 'Like-Kind' exchange? Short answer, no. Long answer, a 1031 (Starker) exchange only a...
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: I agree with MrChrister about first considering how necessary the renovations are (is it a nice-to-have, or a need-to-have...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do people take out life insurance on their children? Should I take out a policy on my child? ### Answer: If the child can take over the life insurance when they wish to get a mortgage or have thei...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the benefits of estate planning in wealth management? ### Answer: An Estate Plan Protects Beneficiaries: If estate planning was once considered something that only high net worth individuals ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy index mutual fund or build my own? ### Answer: You better buy an ETF that does the same, because it would be much cheaper than mutual fund (and probably much cheaper than doing it yourself and reb...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate how much a large stock position is really worth? ### Answer: This is actually a very complicated question. The key reading in this area is a seminal paper by Almgren & Chriss, "Optima...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I am looking for software to scan and read receipts ### Answer: NeatReceipts come up from time to time on woot.com. You can read up on the discussions which typically include several user testimonia...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens when a company stops trading? (pink sheets) ### Answer: What will happen if the stock price just continues to decline? Nothing. What would happen if folks just stop trading it? Nothing. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For a major expensive home renovation (e.g. addition, finished basement, or new kitchen) should one pay cash or finance with a loan? Would such a loan be “good” debt? ### Answer: The reason for borrow...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should one only pursue a growth investing approach for Roth IRAs ### Answer: What asset allocation is right for you (at the most basic the percentage if stocks vs bonds; at the advanced level, percent...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is having a 'startup fund' a good idea? ### Answer: I am asking because startups are super risky and 99% of the times you fail and lose the money. First of all, that 99% number is exaggerated. Only 96...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Having a separate bank account for business/investing, but not a “business account?” ### Answer: If it makes your finances easier, why not? My wife and I had his/hers/our since before we were married....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Highest market cap for a company from historical data ### Answer: Adjustments can be for splits as well as for dividends. From Investopedia.com: Historical prices stored on some public websites, such...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to take advantage of home appreciation ### Answer: There are basically two ways to get value out of an appreciating asset such as a home: (a) Sell it and take the profit. In the case of a home, yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What exactly can a financial advisor do for me, and is it worth the money? ### Answer: If you don't have the time or interest to manage investments, you need a financial advisor. Generally speaking, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it worth buying real estate just to safely invest money? ### Answer: Investment is very uncertain, so I believe that unless you have loads of money, you should not play around with houses for the s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Please explain the relationship between dividend amount, stock price, and option value? ### Answer: 1) What's the point of paying a dividend if the stock price automatically decreases? Don't the sha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are precious metals/collectibles a viable emergency fund? ### Answer: People normally hold precious metals as a protection against the whole system going down: massive inflation, lawlessness, etc. If...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: High dividend stocks ### Answer: I had read a book about finance, and it had mentioned that you can gain big profits from investing in the best companies in the most boring markets, like the funeral b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mortgage or not? ### Answer: Here is something that should help your decision: Currently you are 57, suppose that means that you will still work for 10 years, and then be retired for another 20 before...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculating the Free Cash Flow (FCF) ### Answer: First, don't use Yahoo's mangling of the XBRL data to do financial analysis. Get it from the horse's mouth: http://www.sec.gov/edgar/searchedgar/compa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why and why would/wouldn't a company split their stock? ### Answer: From Investopedia, A stock split is usually done by companies that have seen their share price increase to levels that are either ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a company sell debt in order to buy back shares and/or pay dividends? ### Answer: I believe that article provides some good reasons, though it may be a bit light on technical details and the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: US Foreign-Owned LLC that owes no income tax - Do I have to file anything? ### Answer: If you intend to do business "outside the country", why establish an LLC "here" at all? You should establish a b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is Net Asset Value (NAV) only reported by funds, but not stocks? ### Answer: The (assets - liabilities)/#shares of a company is its book value, and that number is included in their reports. It's e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying restaurants in cash instead of credit card - how signficant is this? ### Answer: You know those perks/benefits that you don't want to give up? Those are funded by the fees you are trying to eli...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much of my home loan is coming from a bank, how much it goes back? ### Answer: Ditto mhoran_psprep. I'm not quite sure what you're asking. Where does the money come from? When someone starts a ba...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Legal documents required for managing an investment portfolio among friends? ### Answer: Sounds like you are starting an investment club. What you need is an investment club partnership agreement. Hav...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to quantify the probability of sudden big movements for a high-volume stock? ### Answer: Certainly no one knows in advance how much a stock is going to swing around. However, there are ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: One of my stocks dropped 40% in 2 days, how should I mentally approach this? ### Answer: Like @chirs, I'm of the opinion that you might want to buy more. I've done this a couple of times, price droppe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Personal credit card for business expenses ### Answer: Early on, one might not be able to get credit for their business. For convenience, and the card perks, it makes sense to use the personal card. B...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to know if I can have NOL (U.S. tax)? ### Answer: Individuals most definitely can have NOL. This is covered in the IRS publication 536. What is the difference between NOL and capital loss? NOL is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Correct term for describing how “interesting” a stock is to buy ### Answer: You can call it a stock rating of say between 0 to 5 or 0 to 10 or whatever scale you want to use. It should not be called ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm 23 and was given $50k. What should I do? ### Answer: I would be realistic and recognize that however you invest this money, it is unlikely to be a life-changing sum. It is not going to provide an ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the costs to maintain an Inc? ### Answer: According to this FAQ published by the state of Delaware, your annual filing fees will be: Anything above and beyond that is based on company income....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: At what percentage drop should you buy to average down ### Answer: A big part of the answer depends on how "beaten down" the stock is, how long it will take to recover from the drop, and your taste fo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does U.S. tax code call for small business owners to count business purchases as personal income? ### Answer: It sounds like something is getting lost in translation here. A business owner should not ...