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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What things are important to consider when investing in one's company stock? ### Answer: Check how long you have to hold the stock after buying it. If you can sell reasonably soon and your company is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can you possibly lose on investments in stocks? ### Answer: If you're talking about a single stock, you greatly underestimate the chances of it dropping, even long-term. Check out the 12 companies...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it ever a good idea to close credit cards? ### Answer: Assuming that a person has good financial discipline and is generally responsible with spending, I think that having a few hundred or thousand...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using pivot points to trade in the short term ### Answer: What are Pivot Points? Pivot Points indicate price levels that are of significance in technical analysis of securities. Pivot Points are used ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Co-signer deceased ### Answer: People act like lawsuits are the end of the world, her suing shouldn't be considered a threat, it should be considered the accurate course of action to resolve contractu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does gold's value decrease over time due to the fact that it is being continuously mined? ### Answer: does it mean uncontrolled severe deflation/inflation is more likely to occur compared to "normal...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best cross-platform GPL personal finance tool available? ### Answer: There isn't one. I haven't been very happy with anything I've tried, commercial or open source. I've used Quicken for a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a measure that uses both cost of living plus income? ### Answer: The key term you're looking for is "purchasing power parity", which considers the local prices of goods and services when maki...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will there always be somebody selling/buying in every stock? ### Answer: Will there be a scenario in which I want to sell, but nobody wants to buy from me and I'm stuck at the brokerage website? Simil...
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: I've been an F&I Manager at a new car dealership for over ten years, and I can tell you this with absolute certainty, your deal is fin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to measure a currencies valuation or devaluation in relevance to itself ### Answer: As the value of a currency declines, commodities, priced in that currency, will rise. The two best commodities t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is short-selling considered more “advanced” than a simple buy? ### Answer: The margin rules are also more complicated. A simple buy on a non-margin account will never run into margin rules and yo...
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: The ex indicator is meant to be a help for market participants. On the ex-day orders will go into a different order book, the ex order b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a person not want to purchase a Personal Liability (Umbrella) insurance policy? ### Answer: The two questions inherent in any decision to purchase an insurance plan is, "how likely am I to n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the tax implications if I do some work for a company for trade, rather than pay? ### Answer: Yes, the business can count that as an expense but you will need to count that as income because a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Loan to son - how to get it back ### Answer: He's paying the interest and you're paying the principal. If you're making minimum monthly payments, you'll still be doing the same thing 25-30 years from ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Gift card fraud: To whom to report? How to recover funds? Is the party which issued me the card liable? ### Answer: Citibank just sent me a $100 check. Here's how I got it: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who can truly afford luxury cars? ### Answer: It very much depends on whether you want to drive around in an expensive car, or whether you want an expensive car parked on your driveway. And whether yo...
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: The rent will be determined by: the rent being charged on similar houses near you. Your mortgage and other costs (very unfortunatel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to do with an old building to get money ### Answer: There are a few ways to get money from property, but I'm not sure any would work for you: 1) Firstly you could sell it. Selling the building mi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For how long is a draft check valid, and where do the funds sit? ### Answer: To answer length validity and security implications of draft checks issued and negotiated within the United States, I am he...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I set up Quickbooks for a small property rental company that holds its properties in separate LLC's? ### Answer: You need one "company file" for each company that you want to track through Quic...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a public company issue new shares without diluting the value held by existing shareholders? ### Answer: As others have posted, the company gains capital in return for its new shares. However,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it better to ask for a raise before a spin-off / merger or after? ### Answer: I would guess that before the spin-off, more money would be available In my experience the reverse is true. The finance...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I invest my retirement savings money, where it is safer than stocks? ### Answer: There are many questions and good answers here regarding investment choices. The first decision you need to m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In the USA, why is the Free File software only available for people earning less than $62k? ### Answer: Regardless of the source of the software (though certainly good to know), there are practical li...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I need multiple credit monitoring services? ### Answer: Monitoring your credit doesn't do much. There are some vendors that actually have staff to repair your credit/identity. Substantially all of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How Do I Fix Excess Contribution Withdrawl ### Answer: I think there are several issues here. First, there's the contribution. As littleadv said, there is no excess contribution. Excess contribution i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What would be the signs of a bubble in silver? ### Answer: @fennec is right, no one knows. Here's a link that may help: http://pragcap.com/silver-prices-display-some-bubbly-characteristics I don't fo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What ETF or other security tracks closest to 30 year mortgage rates? ### Answer: Mortgage rates tend to track the yield on the 10-year Treasury note. The CBOE Interest Rate 10-Year T-Note, TNX, is a s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When to trade in a relatively new car for maximum value ### Answer: My suggestion would be to keep it. The value of a new car is that you get to drive it around when it's still new and shiny, and that...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How are exchange rates decided for each country? ### Answer: Rates are arrived at by the cumulative buying and selling on the foreign exchange market, much the same way that stock prices are arrived a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it not a requirement for companies to pay dividends? ### Answer: The shareholders have a claim on the profits, but they may prefer that claim to be exercised in ways other than dividend payment...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would this kind of penny stock increase so much in value? ### Answer: Well I'm not going to advise whether it's a good idea to invest in this company (though often OTC is pretty scary), but it DOE...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the benefits of opening an IRA in an unstable/uncertain economy? ### Answer: Your are mixing multiple questions with assertions which may or may not be true. So I'll take a stab at this, comm...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How big of a mortgage can I realistically afford? ### Answer: You're biting off a lot. Let's say you can swing 5% for a down payment: $13k. A 30-year loan on $247k at the rate you quote gives you a p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Form 1040 - where to place my stipend? ### Answer: If you're correct that it's not taxable because it's non-taxable reimbursement (which is supported by your W-2), then it should not go on your 1040 a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I need another health insurance policy? ### Answer: I understand that if I have multiple health insurance policies, I can only make claim from only one of them if ever I incur medical expenses (I'm...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I know when I am financially stable/ready to move out on my own? ### Answer: I'll just say this. You are in much better shape financially than I was when I moved out on my own and started suppo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate the rate of return on selling a stock? ### Answer: Simple math. Take the sale proceeds (after trade expenses) and divide by cost. Subtract 1, and this is your return. For example, buy...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any instrument with real-estate-like returns? ### Answer: Similarly to buying property on your own, REITs cannot get to good returns without leveraging. If you buy an investment property 100%...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some factors I should consider when choosing between a CPA and tax software ### Answer: Largely it comes down to the complexity of your return (likely relatively simple if it's your first tim...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does the IRS reprieve those who have to commute for work? ### Answer: When I have a question about my income taxes, the first place I look is generally the Giant Book of Income Tax Information, Public...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax implications of diversification ### Answer: Yes, to change which stocks you owe you need to sell one and buy the other, which for tax purposes means taking the profit or loss accrued up to then. O...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are you preparing for a possible dollar (USD) collapse? (How?) ### Answer: Buying gold, silver, palladium, copper and platinum. The first two I am thinking about new currencies. The last three for the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What would a stock be worth if dividends did not exist? [duplicate] ### Answer: As a thought experiment I suppose we can ask where dividends came from and what would be different if they never existed...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: At what point is the contents of a trust considered to be the property of the beneficiary? ### Answer: Both a trust and an estate are separate, legal, taxpaying entities, just like any individual. Inc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do credit checks affect credit scores? ### Answer: Hard pulls you give your explicit permission to run do affect your credit. Soft pulls do not. While hard pulls affect your score, they don't affect ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do you know of any online monetary systems? ### Answer: I recently came across bitcoin, it is what I was really looking for at the time. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do governments borrow money instead of printing it? ### Answer: One important answer is still missing: governments may not be able to do print money because of international agreements. This is in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Advantages of paying more of your mortgage while you know you won't continue to live there your whole life ### Answer: It's pretty simple - the less money you owe the less interest you pay. Paying do...
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: My answer is not specific, or even maybe applicable, to Microsoft. Companies don't want to cut dividends. So...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are auto leases stubbornly strict about visa status and how to work around that? ### Answer: When getting a car always start with your bank or credit union. They are very likely to offer better lo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Easiest way to diversify savings ### Answer: Having savings only in your home currency is relatively 'low risk' compared with other types of 'low diversification'. This is because, in a simple case, y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In Australia, how to battle credit card debt? ### Answer: To confirm: you say you have credit card debt of $18,000 with min. repayment of $466.06, plus on top of this you are also paying off a car loa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Question about dividends and giant companies [duplicate] ### Answer: Dividends are a way of distributing profits from operating a business to the business owners. Why would you call it "wasting money"...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is expense to freelancers tax deductible? ### Answer: If it's a legitimate cost of doing business, it's as deductible as any other cost of doing business. (Reminder: be careful about the distinctions ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: ETF S&P 500 with Reinvested Dividend ### Answer: The problem there is that there's a tax due on that dividend. So, if you wish, you can buy the ETF and specify to reinvest dividends, but you'll have t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I charge my children interest when they borrow money? ### Answer: In terms of preserving good relationships one approach is to charge a nominal rate of interest. maybe a few percent of the tota...
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: One significant reason it makes sense for filing to be the default is home ownership rates. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does cryptocurrency mean for governments? ### Answer: Government's tax citizens and businesses in their currency. Earnings (even earnings in cryptocurrencies) are taxable income. ###end
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: Excellent question and it is a debate that is often raised. Mathematically you are probably best off using o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a free, online stock screener for UK stocks? ### Answer: AdvFN has one--click the Charts & Research pulldown and choose UK Screener. Free but requires login. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a central bank or country not want their currency to appreciate against other currencies? ### Answer: I wrote about the dynamic of why either of a lower or higher exchange rate would be good...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I open a bank account in the US remotely? Will I pay taxes for the money on it? ### Answer: Answering for US tax only: The bank account makes absolutely zero difference. If you are not a US natio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to amend an amended return? ### Answer: File a 2nd amended return that corrects the mistake I made on the 1st amended return This. Pay the $500 before April 27th and try to get it back later This....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: S-Corp and distributions ### Answer: Does the corporation need the money for its ongoing business? If so, don't transfer it. If not, feel free. This decision has nothing to do with whether the corpora...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a financial benefit for buyers from using community currencies? ### Answer: Short answer: NO, there is no financial benefits for you to expect in a local currency even if some might give tiny...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Leasing a car I intend to buy ### Answer: What does not seem reasonable about your plan is the payment and buyout. While $200/month payments are possible (but hard to find), buyouts are more typicall...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I look for private limited partnership investment opportunities? (Or should I?) ### Answer: Investing in an existing company is almost like buying a house, or even becoming an "Angel investor" ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is 'consolidating' debt and why do people do it? ### Answer: This can mean a few things to me. Some of which has been mentioned already. It can mean one (or all) of the following to me: You take...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is an interest-only mortgage a bad idea? ### Answer: Generally, interest-only mortgages are a bad idea, because a lot of people get them so that they can buy more house than they could otherwise affor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Joint account that requires all signatures of all owners to withdraw money? ### Answer: Savings accounts have lower fees. If you don't anticipate doing many transactions per month, e.g. three or fewer...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Primary Residence to Investment Property - Changing PMI Terms ### Answer: You could be in a bit of a bind. I wouldn't push it any more until you read your loan papers very carefully. Going back to th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I find the historical stock price for a specific stock on a specific date? ### Answer: Go to a large reference library and ask to see the Wall Street Journal for October 13 1992. ###end
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: isn't it still a dilution of existing share holder stock value ? Whether this is dilution or benefit, only ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are the “debt reduction” company useful? ### Answer: They don't do anything you can't do yourself and they charge you money for it. And of course the only way they manage to negotiate the debt down is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Research for Info ### Answer: quid's link should give you a definitive answer, but just to set expectations, here's an article from the UPI: Essex Chemical Corp. has agreed to be acquired by Dow Chemi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best way to track and monitor my investments? ### Answer: If you're ready to start investing or have been building up your portfolio for some time, make sure you're taking advantage of som...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does an option trading below parity always indicate an arbitrage opportunity? ### Answer: Defining parity as "parity is the amount by which an option is in the money", I'd say there may be an arbitrag...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Scam or Real: A woman from Facebook apparently needs my bank account to send money ### Answer: The answers here are all correct. This is 100% scam, beyond any reasonable doubt. Don't fall for it. H...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Total ETF value decreased after underlying stock increased in price ### Answer: According to your post, you bought seven shares of VBR at $119.28 each on August 23rd. You paid €711,35. Now, on Augus...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When do companies typically announce stock splits? ### Answer: In 2005, Apple announced a split on Feb 11... CUPERTINO, California — February 11, 2005 — Apple® announced today that its Board of Direct...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off car loan entirely or leave $1 until the end of the loan period? ### Answer: a link to this article grabbed my Interest as I was browsing the site for something totally unrelated to finance. Y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I invest my $100? ### Answer: Sure. For starters, you can put it in a savings account. Don't laugh, they used to pay noticeable interest. You know, back in the olden days. You could buy an I-...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does capital gains tax apply to long term stock holdings? ### Answer: In Australia we have a 50% capital gain discount if you hold the asset for more than 12 months, whether it is in shares, prope...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ongoing things to do and read to improve knowledge of finance? ### Answer: For learning about finances my main two financial resources are this site, and the Motley Fool. My secondary sources are keep...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are capital gains taxed at a lower rate than normal income? ### Answer: I think this question is very nearly off-topic for this site, but I also believe that a basic understanding of the why the t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any circumstance in which it is necessary to mark extra payments on a loan as going to “principal and not interest”? ### Answer: I had a car loan through GMAC and extra money was applied to f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When can you use existing real estate as collateral to buy more? ### Answer: You put 20% down and already owe the 80% or $80k, so you don't have the ability to borrow $100k or even $20k for that matte...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is the buy price different from the sell price of a stock? [duplicate] ### Answer: This is called the Ask-Bid Spread. The difference varies based on the liquidly of the asset. The more liquid or t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much time would I have to spend trading to turn a profit? ### Answer: The high frequency trading you reference has no adverse impact on individual investors - at least not in the "going to take ad...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the yield on my investments stack up against other investors? ### Answer: Generally S&P 500 will be used as the benchmark for US investors because it represents how's the US market performs a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Administrator vs Broker vs Custodian for a Solo 401(k)? ### Answer: Their paperwork should help you along. Schwab is the broker and custodian, you are the administrator. There's virtually no paperwo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing in third world countries ### Answer: I strongly recommend you to invest in either stocks or bonds. Both markets have very strict regulations, and usually follow international standards of go...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: American living abroad and not working for an American company - tax reporting and bank accounts ### Answer: I'll add a bit to Paul's excellent write up. Foreign Earned Income Exclusion (form 2555): n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: why do I need an emergency fund if I already have investments? ### Answer: From a budgeting perspective, the emergency fund is a category in which you've budgeted funds for the unexpected. These are ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How are dividends for shareholders of banks paid? ### Answer: Why? Balance sheet is balance sheet, why is it complicated? Bank shareholders get dividends in exactly the same way as any other company s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I need to register as self employed in Ontario, Canada? ### Answer: If your business name is your name, you are automatically considered a sole-proprietorship and any income you generate and expens...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do US retirement funds typically have way more US assets than international assets? ### Answer: There are a few main economic reasons given why investors show a strong home bias: Interestingly, th...