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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do government bond yields work? ### Answer: Why does the rising price of a bond pushes it's yield down? The bond price and its yield are linked; if one goes up, the other must go down. This is bec...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My friend wants to put my name down for a house he's buying. What risks would I be taking? ### Answer: Wrong way round. Transitional arrangements are non-binding guidelines that the lenders can observ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are my chances at getting a mortgage with Terrible credit but High income ### Answer: The bottom line, is that you are doing the right thing now: correcting your past indiscretions. Get those c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can this check still be honored? [duplicate] ### Answer: You could talk to them, but (assuming you're in the U.S.), it's highly doubtful any bank would honor a check from 26 years ago. Most checks in...
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: The reason to do a stock split is to get the price of the stock down to an affordable range. If your stock costs $100,000 per share,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will a credit card issuer cancel an account if it never incurs interest? ### Answer: Technically, yes but, in practice, no. I use a card for everything and pay it off every month. Sometimes, several ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I try to negotiate a signing bonus? ### Answer: I was able to request a modest advance on my salary when I started my first job out of college, for essentially the same reason. Alternatively, y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do people invest in mutual fund rather than directly buying shares? ### Answer: Buying the right shares gives higher return. Buying the wrong ones gives worse return, possibly negative. The usual ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible for me to keep my credit card APR at 0% permanently? ### Answer: If you pay your statement balance in full before the due date you will never pay a cent in interest no matter what your ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Less than a year at my first job out of college, what do I save for first? ### Answer: You should plan 1-3 months for an emergency fund. Saving 6 months of expenses is recommended by many, but you ha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How prudent would it be to invest (stocks/equity) in businesses that are based on Cash transactions? ### Answer: If they're hiding their profits from the government, what makes you think they wouldn't...
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: For me the aggressive approach makes sense since I have a longer time horizon before I need to withdraw the funds. This st...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Value of put if underlying stays below strike? ### Answer: $15 - $5 = $10 How did you possibly buy a put for less than the intrinsic value of the option, at $8.25 So we can infer that you would have h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does the bid/ask concept exist in dealer markets? ### Answer: The Auction Market is where investors such you and me, as well as Market Makers, buy and sell securities. The Auction Markets operate wit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't house prices be out of tune with salaries ### Answer: The big problem with your argument is the 10% per year figure, because in the long term (especially if adjusted for inflation) the price...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Basic mutual fund investment questions ### Answer: @JoeTaxpayer gave a great response to your first question. Here are some thoughts on the other two... 2) Transaction fees for mutual funds are tied t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Theory/Strategy for pricing by volume ### Answer: Actually, the rate of change could be more or less constant, but you might have a minimum price that represents your fixed costs. So you might sell a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best return on investment for new home purchase ### Answer: Trying to determine what the best investment option is when buying a home is like predicting the stock market. Not likely to work out. Forge...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is income from crypto-currencies taxed? ### Answer: Mining is income at the value at time of earning, I would use an index like XBX to determine price. Asset appreciation is capital gains. These aspec...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: mortgage vs car loan vs invest extra cash? ### Answer: Without knowing actual numbers it's tough to say. Personally, I would pay off the car then, going forward, use the money that would have been pa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Uncashed paycheck 13 years old ### Answer: Even going to small claims court the burden would be on you to prove that they never paid you. The 13 year gap would be the core of the argument by the compa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can an ETF perform differently than its holdings? ### Answer: The Creation/Redemption mechanism is how shares of an ETF are created or redeemed as needed and thus is where there can be differences in ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you explain the mechanism of money inflation? ### Answer: Assuming constant velocity, inflation is caused by the difference between the growth in the money supply and growth in real output. In oth...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax and financial implications of sharing my apartment with my partner ### Answer: I am not a lawyer nor a tax accountant, so if such chimes in here I'll gladly defer. But my understanding is: If you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why doesn't a mutual fund in my 401(k) have a ticker symbol? ### Answer: That share class may not have a ticker symbol though "Black Rock MSCI ACWI ex-US Index" does have a ticker for "Investor A" sha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What expenses do most people not prepare for that turn into “emergencies” but are not covered by an Emergency Fund? ### Answer: Some things are nearly universal, and have been mentioned already. My "...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I remodel or buy a bigger house? ### Answer: I am quite sure you can set up an office in your basement for a lot less than $15,000. Don't build any walls, install any flooring, or upgrade the c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is “beta” for an investment or a portfolio, and how do I use it? ### Answer: In addition to individual stocks, your entire portfolio will also have a beta. It would be equal to the weighted sum ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the cheapest way to move money from the United States to Canada? [duplicate] ### Answer: If you aren't familiar with Norbert's Gambit, it's worth looking at. This is a mechanism using a Canadi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why not just invest in the market? ### Answer: The market is efficient, but it is not perfectly efficient. There are entities out there that consistently, legitimately, and significantly outperform th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the economic explanation for the high cost of weddings? ### Answer: There is the price they want and the price you pay. Everything is negotiable when its a service (always possible, but usuall...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: FICA was not withheld from my paycheck ### Answer: According to this section in Publication 15: Collecting underwithheld taxes from employees. If you withheld no income, social security, or Medic...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can one use Google Finance to backtest (i.e. simulate trades in the past)? ### Answer: Yes, add the stocks/mutual funds that you want and then you would just need to add all the transactions that you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the catch in investing in real estate for rent? ### Answer: Several, actually: Maintenance costs. As landlord, you are liable for maintaining the basic systems of the dwelling - structure, elec...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you explain the mechanism of money inflation? ### Answer: The mechanism of supply and demand is imperfect. Producers don't know exactly how many purchasers/consumers for a good there are. Some g...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I open a Demat account in India from abroad? ### Answer: To trade stocks in India, you need a copy of your pan card, address proof(passport or driving license/electricity bill), income tax return ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shorting: What if you can't find lenders? ### Answer: You at least have some understanding of the pitfalls of shorting. You might not be able to borrow stock. You might not be able to buy it back when...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the correct pronunciation of CAGR? ### Answer: I always hear people pronounce it to rhyme with "bagger". ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell when my stocks are growing? ### Answer: My thoughts are that if you've seen considerable growth and the profit amassed would be one that makes sense, you would have to seriously consider...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does pre-market trading work? ### Answer: First of all, not all brokers allow trading during pre-market and post-market. Some brokers only allow trading during the regular hours (9:30am - 4pm ET)...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Common Stock Options Value ### Answer: Par value SHOULD mean that they are offering you the options with a strike price (exercise price) that is equivalent to the current valuation of the company. No...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do 10 year-old luxury cars lose so much value? ### Answer: There is usually a bunch of reasons for this, some psychological and some entirely practical. Let's start with the latter: If I wanted an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do Americans really use checks that often? ### Answer: Many small businesses are still cash and check. For example my landlord does not take credit card or online transfer. My choices are cash and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What suggested supplemental income opportunities exist for a 70 year old Canadian retiree? ### Answer: My initial thoughts would be an ESL teacher or a private tutor for various subjects would likely ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: End of financial year: closing transactions ### Answer: I'm not sure there's a good reason to do a "closing the books" ceremony for personal finance accounting. (And you're not only wanting to do that...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are there many small banks and more banks in the U.S.? ### Answer: Actually it seems you are not quite correct about the number of different banks in Canada. https://en.wikipedia.org/wiki/List_of_...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does it mean if “IPOs - normally are sold with an `underwriting discount` (a built in commission)” ### Answer: When an IPO happens, the buyers pay some price (let's say $20 per share) and the sel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What argument(s) support the claim that long-term housing prices trend upward? ### Answer: It is supported by inflation and historical values. if you look at real estate as well as the stock market th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the contents of fixed annuities? ### Answer: This is really two questions about yield and contents. Content As others have noted, an annuity is a contractual obligation, not a portfolio conta...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When an investor makes money on a short, who loses the money? ### Answer: Not really. The lender is not buying the stock back at a lower price. Remember, he already owns it, so he need not buy it agai...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Maintaining “Woman Owned Business” while taking on investor ### Answer: To qualify as a woman owned business, a woman or group of women must own shares worth 51% of the business. If your investor was ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I locate the name of an account holder by the account number and sort code? (U.K.) ### Answer: No, the best you can do is (probably) determine the bank, from the sort code. using an online checker...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How did I end up with a fraction of a share? ### Answer: Fractional shares don't occur from Dividend Reinvestment Programs - residual credit is carried over until there is enough to purchase a whole s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the address on 1040 and MD resident 502 my previous address in 2013 or my current address? ### Answer: No, always give the most current address information to the IRS, not least because they will u...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I participate in a 401k if there is no company match? ### Answer: Another consideration that is not in the hard numbers. Many people, myself included, find it hard to have the discipline to sa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to options if a company is acquired / bought out? ### Answer: When the buyout happens, the $30 strike is worth $10, as it's in the money, you get $10 ($1000 per contract). Yes, the $40 st...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does Yahoo Finance and Google Finance not match historical prices? ### Answer: The difference is that Yahoo is showing the unadjusted price that the security traded for on that date, while google ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy securities at another stock exchange ### Answer: Really arbitrage means that, currency risk aside, it shouldn't matter which exchange you buy on in price terms alone. Arbitrage will always make su...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is is possible to dispute IRS underpayment penalties? ### Answer: If you file the long-form Form 2210 in which you have to figure out exactly how much you should have had withheld (or paid via quarte...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I have some old gold jewellery, is it worth it to sell it for its melt value? ### Answer: I just came across an article from the CBC on this subject: Here's one tip from the article, which echoes w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to choose a good 401(k) investment option? ### Answer: I agree with the others that the ROTH is probably better. See this list of benefit/cost comparison (as opposed to rule differences)http://en....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: U.S. nonresident alien: Is my state tax refund taxable? ### Answer: Federal income tax refunds received during 2016 are not taxable income for 2016 (or any other year) on either the Federal or the Sta...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Looking to buy a house in 1-2 years. Does starting a Roth IRA now make sense? ### Answer: If you are going to be buying a house in 1-2 years, I would be putting my money into a short term holding area...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I put more money down on one property and pay it off sooner or hold on to the cash? ### Answer: I would go with option B. That is safer, as it would leave you with more options, in case of an u...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Primary residence converted to a rental property & tax implications ### Answer: Schedule E is the form you'll use. It lists nearly all deductions you can take for a rental. TurboTax Deluxe will handle...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What kinds of information do financial workers typically check on a daily basis? ### Answer: I think it depends where you live in the world, but I guess the most common would be: Major Equity Indices ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a normal amount of money to spend per week on food/entertainment/clothing? ### Answer: As THEAO suggested, tracking spending is a great start. But how about this - Figure out the payment nee...
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: My own simple answer is that it will affect and reduce productivity (e.g. Zimbabwe). it will also cause inflation which mean that no...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: High-risk investing is better for the young? Why? ### Answer: Would my high-risk investment choices, aside from the main question, have any bearing on the road I want to go down and test (managing mut...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do people tend to spend less when using cash than credit cards? ### Answer: One study found that, while people using gift certificates bought no more items than those who used cash, they tended to spe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When and how should I pay taxes on ForEx trades? ### Answer: Legally speaking, when you convert that bit-coin onto something else, the Israeli Tax Authority will look into the value of that something ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can a 'saver' maintain or increase wealth in low interest rate economy? ### Answer: Since the other answers have covered mutual funds/ETFs/stocks/combination, some other alternatives I like - thou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the cause of sudden price spikes in the FOREX market? ### Answer: It depends on the currency pair since it is much harder to move a liquid market like Fiber (EURUSD) or Cable (GBPUSD) than it ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does Robinhood stock broker make money? ### Answer: Robinhood seems interesting. Some say it's a gimmicky site with a nice UI not an investing or trading platform. From investopedia: 1. For now, t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I cash out my Roth IRA to pay my mother's property tax debt, to avoid foreclosure on her home? ### Answer: You're crazy to cash out your Roth or take on 401k loan, as that is addressing a short...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any banks with a command-line style user interface? ### Answer: There are API libraries available to various banks in various programming languages. For example, in Perl there are many libra...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I pay a zero % loan before another to clear both loans faster? ### Answer: Keep in mind that by fully paying off one of your loans, you will reduce your minimum repayments. This will make you feel ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's an economic explanation for why greeting cards are so expensive? ### Answer: Why do people buy them when they would be cheap to make for themselves? Convenience. While you could easily find som...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does one typically exit (close out) a large, in-the-money long put option position? ### Answer: You are long the puts. By exercising them you force the underlying stock to be bought from you at yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: To sell or to rent the house? ### Answer: So either scenario has about $10K upfront costs (either realtor/selling expenses or fixing up for rental). Furthermore, I'm sure that the buyers would want yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In a competitive market, why is movie theater popcorn expensive? ### Answer: People have moods, that mean they don't have the same level of demand for luxuries every day. There might be some days whe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does Technical Analysis work or is it just a pointless attempt to “time the market”? ### Answer: Technical Analysis in general is something to be cognizant of, I don't use a majority of studies and co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can home buying be considered a sound investment with all of that interest that needs to be paid? ### Answer: I'm going to start with your title question: How can home buying be considered a sound...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What return are you getting on your money from paying down a mortgage on a rental property? ### Answer: There are a few ways to look at this question. Assumptions. Per the original post's assumptions,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 1.4 million cash. What do I do? ### Answer: First--congratulations! I certainly wish I could create something worth buying for $1.4 million. In addition to what @duffbeer703 recommended, consider pu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I buy stocks directly from a public company? ### Answer: If the company has a direct reinvestment plan or DRIP that they operate in house or contract out to a financial company to administer, yes....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: At what point do index funds become unreliable? ### Answer: Private investors as mutual funds are a minority of the market. Institutional investors make up a substantial portion of the long term hold...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: The best credit card for people who pay their balance off every month ### Answer: BillShrink.com lets you compare credit cards based on all your specifics (miles vs. cash, where you shop the most, etc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where to find out conversion ratio between General Motors bonds and new GM stock? ### Answer: Depending on the specific bond, here is the official info. http://www.wilmingtontrust.com/gmbondholders/in...
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: I think it may be best to take everything you're asking line-by-line. Once you buy stocks on X day of the month, the chances of stocks n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I find all public companies' information? ### Answer: Moody's is now Mergent Online. It's no longer being printed, and must be accessed digitally. In order to browse the database, check with...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I legally and efficiently help my girlfriend build equity by helping with a mortgage? ### Answer: Have her chip in for the regular expenses, utilities, food, etc., and a bit for "rent." Then t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What effect would sovereign default of a European country have on personal debt or a mortgage? ### Answer: If the default happens through mass monetary inflation rather than openly ("We're not paying ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I compare the risk of different investing opportunities? ### Answer: First of all, setting some basics: What is a sound way to measure the risk of each investment in order to compare them with...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is technical analysis based on some underlying factors in the market or do they work simply because other people use them? ### Answer: Both explanations are partly true. There are many investors who d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any banks with a command-line style user interface? ### Answer: You should definitively check boobank. It's not a bank !, but a framework that helps people to create quick interface modules ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much should I be contributing to my 401k given my employer's contribution? ### Answer: JoeTapayer has good advice here. I would like to add my notes. If they give a 50% match that means you are ge...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Owning REIT vs owning real estate - which has a better hypothetical ROI? ### Answer: REIT's usually invest in larger properties (apartment complexes), individuals usually invest in small properties (s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Double-Taxation of Royalties paid for in Korea to a US Company ### Answer: If treaties are involved for something other than exempting student wages on campus, you shouldn't do it yourself but talk to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get rid of someone else's debt collector? ### Answer: As a former debt collector myself, I can tell you that we did occasionally get someone claiming that they weren't who they really were. How...