Datasets:
circircircle
/
FinQA

Dataset card Data Studio Files
xet
 Community
text
stringlengths
146
45.7k
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I accept shares as payment? ### Answer: For one, the startup doesn't exist yet, so until March I will get nothing on hand, though I have enough reserves to bridge that time. I would not take th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a 2 year treasury note work? ### Answer: There is a large market where notes/bills/bonds are traded, so yes you can sell them later. However, if interest rates go up, the value of any bond t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ballpark salary equivalent today of “healthcare benefits” in the US? ### Answer: Equation: (M x 12) + MOOP = Worst case scenario cost Where M equals the monthly cost and MOOP is the maximum out of poc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the opposite of a hedge? ### Answer: The opposite of a hedge is nothing. Because if you don't want to hedge you bets, you don't, therefore you merely have the original bet. The opposite state...
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: Your question asks about the mechanism of money inflation - not price inflation. Money inflation occurs when new money is introduced into...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How bad is it to have a lot of credit available but not used? ### Answer: Unless you have a history of over-using credit (i.e. you've gotten yourself into debt trouble), then I think that the banker i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the Blue Line in these stock Charts? ### Answer: My guess is that both the blue and pinkish lines are hand drawn by someone. The blue line indicates 'higher lows' while the pinkish line repres...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I spend too much money. How can I get on the path to a frugal lifestyle? ### Answer: I agree with the first poster- the first step is to measure your spending and put it down into raw numbers. Once yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do bond interest rate risk premiums only compensate for the amount investors might lose? ### Answer: In answer to your last formulation, no. In a perfectly efficient market, different investors still ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the opposite of a hedge? ### Answer: The opposite of a hedge is leverage (aka gearing). A hedge is where you spend money to reduce your exposure. Leverage is where you spend money to increase ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Deceived by car salesman ### Answer: At this point there is not much you can do. The documentation probably points to you being the sole owner and signer on the loan. Then, any civil suit will degen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: UK: How to *leave* self select stock and shares ISA (without selling the shares)? ### Answer: Your existing shares in their existing ISA(s) do not in any way impact on your future ISA allowances. The ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why certain currencies are considered safe havens in times of turmoil ### Answer: It's a combination of neutrality, economic power, economic freedom, a history of stability, and tradition. In the case...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I cancel an existing credit card so I can open another that has rewards? ### Answer: Cancelled cards don't fall off the system for a long time, up to ten years. Card terms change, with notice o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When are equal-weighted index funds / ETFs preferable to market-cap-weighted funds? ### Answer: Equal weighted indexes are not theoretically meant to be less volatile or less risky; they're just a dif...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who buys variable annuities? ### Answer: I wrote a detailed answer about variable annuities on another question, but I want to include one specific situation where a variable annuity may be the right ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to categorize shared income? ### Answer: My company did not have income of $1000 and have a $500 expense Why not? Your company received $1000 from you, and based on its agreement with the other co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off credit card debt or earn employer 401(k) match? ### Answer: Nope, take the match. I cannot see not taking the match unless you don't have enough money to cover the bills. Every situation is d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: H&R Block says form 1120 not finalized? IRS won't take it yet? ### Answer: This form is due March 15. This year, the 15th is Saturday, so the deadline is Monday March 17th. Keep in mind, the software...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What do I need to start trading in the NSE (National Stock Exchange)? ### Answer: Yes Absolutely! You will need to provide Sharekhan with a cancelled cheque from OBC which has your account number and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a stock warrant? How do warrants work? ### Answer: In general, a warrant is a security issued by a company allowing the holder to purchase a certain number of a particular class of shares at a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a Master Limited Partnership (MLP) & how is it different from plain stock? ### Answer: I was hesitant to answer this question since I don't own MLP even though I'm aware of how they work. But...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Withholding for unexpected Short-Term Capital Gains and Penalties ### Answer: Assuming U.S. law, there are "safe harbor" provisions for exactly this kind of situation. There are several possibilities,...
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: Both of you sit down with a lawyer who practices in real estate and foreclosures, and hash out ev...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying off student loan or using that money for a downpayment on a house ### Answer: I think there are two questions here: (a) Is it better to continue living with your parents while you save up for a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would you withdraw your money from your bank if you thought it was going under? ### Answer: The article you link scares me; but I still have faith that the FDIC will keep me protected. Personally, if...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to find out if I have a savings account already? ### Answer: If you're in the UK, there's a free service here that lets you trace lost bank accounts. If you're in a different country, try Googling...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculating Pre-Money Valuation for Startup ### Answer: Putting a dollar amount on the valuation of a start up business is an art form that often has very little at all to do with any real numbers and...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Conservative ways to save for retirement? ### Answer: A 401(k) is just a container. Like real-world containers (those that are usually made out of metal), you can put (almost) anything you want in it....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a rule that a merchant must identify themself when making a charge ### Answer: Obviously, the credit card's administators know who this charge was submitted by. Contact them, tell them that y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For what dates are the NYSE and U.S. stock exchanges typically closed? ### Answer: All public US equity exchanges are closed on the 9 US trading holidays (see below) and open on all other days. Excha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best way to day trade with under $25,000 ### Answer: You avoid pattern day trader status by trading e-mini futures through a futures broker. The PDT rules do not apply in the futures markets. Some of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I handle taxes for Minecraft server donations? ### Answer: Technically, this is considered "income" for you, and is actually not considered a "donation" for your donors, but is instead a "g...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do people use mortgages, when they could just pay for the house in full? ### Answer: A $100K house and $100K are not equivalent assets. Here's a hypothetical... You and I both work for the same co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will I be liable for taxes if I work for my co. in India for 3 months while I am with my husband in UK ### Answer: Generally all the countries have similar arrangement regarding Income Tax, if you liv...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How long to wait after getting a mortgage to increase my credit limit? ### Answer: 8 hard inquiries spread over two years is not a negative factor, with a score of 750. Real question #1: How much of y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is insurance worth it if you can afford to replace the item? If not, when is it? ### Answer: As many other posters have pointed out, unless you know (and your insurer doesn't) that because of any reas...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is gold not a good investment? ### Answer: Gold is not really an investment at all, because it doesn't generate an income. It's only worth money because people think it's worth money (it has some ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pensions, why bother? ### Answer: James, money saved over the long term will typically beat inflation. There are many articles that discuss the advantage of starting young, and offer: A 21 year old wh...
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: It is possible to not use checks in the US. I personally use a credit card for almost everything and often have no cash in my wallet at all. I ne...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is your credit score related to credit utilization? ### Answer: 1 - yes, it's fine to pay in full and it helps your score. 2 - see chart above, it's calculated based on what the bill shows each mo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Take advantage of rock bottom oil prices ### Answer: I'm really surprised more people didn't recommend UGA or USO specifically. These have been mentioned in the past on a myriad of sites as ways to h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I use my long position stocks as margin for my short sold stocks? ### Answer: 200% margin for a short sale is outrageous. You should only need to put up 150% margin, of which 50% is your money, an...
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: QE2 will mean that there are about $500 billion dollars in existence which weren't there before. These dollars will all be competi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I negotiate a 0% transaction fee with my credit card company? ### Answer: There is nothing called free lunch. The 2% fee indirectly covers the cost of funds and in effect would be a personal loan....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell my individual stocks and buy a mutual fund ### Answer: I would normally take a cautious, "it depends" approach to answering a question like this, but instead I'm going to give you a blun...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Selling To Close ### Answer: At the higher level - yes. The value of an OTM (out of the money) option is pure time value. It's certainly possible that when the stock price gets close to that strike, t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: does interest payment on loan stay the same if I pay early ### Answer: It depends on the type of loan. Fully amortized loans have a schedule of payments don't recalculate as you pay. If you want to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a Roth IRA be used as a savings account? ### Answer: Sounds like a bad idea. The IRA is built on the power of compounding. Removing contributions will hurt your retirement savings, and you will ne...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does on-demand insurance company Trov prevent insurance fraud or high prices? ### Answer: There is not necessarily a need to prevent what you describe - 'turning insurance on before high risk situ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the difference between TaxAct and TurboTax? ### Answer: I have used TurboTax for years with no problems. I clicked on the TaxAct link in an ad and decided to see if there was much different. Us...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Selling put and call Loss Scenario Examples ### Answer: Here's a simple example for a put, from both sides. Assume XYZ stock trades at $200 right now. Let's say John writes a $190 out of the money pu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Did my salesman damage my credit? What can I do? ### Answer: Hindsight is 20/20, but I offer some suggestions for how this might have gone down. If you had told the bank what was going on they might h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Capital gains loss, can IRS waive the loss? ### Answer: The cap loss can be used to offset future gains or $3000/yr of ordinary income. (I just used up the last of mine from the dot com bubble.) I hop...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should you check to make sure your employer is paying you the correct superannuation amount? [Australia] ### Answer: Yes, there are checks and balances. Employers can be, and have been, prosecuted fo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why ADP does not accurately withhold state and federal income tax (even if W4 is correct)? ### Answer: I see several interesting statement in your question. A. my only income is from my Employer B. I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Missing 401(k) dividends ### Answer: Your investment is probably in a Collective Investment Trust. These are not mutual funds, and are not publicly traded. I.e. they are private to plan participants i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm in Australia. What should I look for in an online stock broker, for trading mostly on the ASX? ### Answer: It depends what you want to do with them. If you are just simply going to drip-feed int...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If there's no volume discount, does buying in bulk still make sense? ### Answer: As with everything else, it's a question of trade-offs. Pros For Buying In Bulk Cons For Buying In Bulk Inventory cost....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Avoid Capital Gains on Rental ### Answer: Don't let the tax tail wag the investment dog. There is risk in exchanging this (known) property for another (unknown) property. That risk may be more than $9...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: More money towards down payment versus long-term investments ### Answer: Every payment you make on your house will already be increasing your equity in it. For that reason alone, I'd recommend moving...
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: Wow, you guys get really cheap finance. here a mortage is 5.5 - 9% and car loans about 15 - 20%. Anyway back to the questi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dealership made me the secondary owner to my own car ### Answer: You are co-signer on his car loan. You have no ownership (unless the car is titled in both names). One option (not the best, see below...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you save money on clothes and shoes for your family? ### Answer: I speak as a person without kids, but I'll give this a shot anyway, using my memory of the perspective I had when I was a kid. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Self-employment alongside full-time job ### Answer: What you need to do is register as a sole trader. This will automatically register you for self assessment so you don't have to do that separately. ...
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: Why would there not be a bid and ask? Dealers make their money in the spread between what they buy it from one entity for and what they s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can all these countries owe so much money? Why & where did they borrow it from? ### Answer: Others have pointed out that the entities loaning money to the government are typically people and inst...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't I short a particular stock? ### Answer: In order to short a stock, you have to borrow the number of shares that you're shorting from someone else who holds the shares, so that you can delive...
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: Only select items. First - I agree, beware the Goldfish Factor - any of those items may very well lead to greater consumption, whic...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Long term drip (dividend reinvestment plan) stock ### Answer: If you sold the stock for a profit, you will owe tax on that profit. Whether it is taxed as short-term or long-term capital gains depends ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it true that Income Tax was created to finance troops for World War I? ### Answer: The Income Tax was put into effect during the Civil War, but was later revoked because it was deemed "Unconstituti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any algorithm to calculate highest possible return on stock market? ### Answer: You can statistically estimate the maximal loss/gain over a period of time T by the highest loss/gain during an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I find a legitimate, premium credit repair service? ### Answer: Just a word of warning: Most of the companies that promise to repair your credit are scams or close to them. You could just as e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I calculate the volatility(standard deviation) of a stock price? and/or ROI (return on investment) of a stock? ### Answer: ROI and volatility should be calculated over a representative period ...
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: If you are living at home as an adult, then you should be paying your fair share and contributing to the household e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why ever use a market order? ### Answer: The purpose of a market order is to guarantee that your order gets filled. If you try to place a limit order at the bid or ask, by the time you enter your orde...
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: How on earth can you possibly know what is going on in individual company X? The sole exception is if it is your ow...
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: Free File is not software by the IRS. Free File is actually a partnership between the IRS and t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which Novo Nordisk ticker is most tax efficient in a UK SIPP? ### Answer: What I ended up doing was finding where each ticker of Novo was registered (what exchange), then individually looking up the 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: It would be good to know which country you are in? You are basically on the right track with your last point. Usually when ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Freelancer in India working for Swiss Company ### Answer: I have some more inputs to investigate: India has dual tax avoidance treaty signed with european countries so that NRIs dont pay tax in both c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What option-related strategies are better suited to increasing return potential? ### Answer: I think you need to be very careful here. Covered calls don't reduce risk or increase performance overall. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ask for credit decrease ### Answer: I agree with JoeTaxpayer that you will be better off in the end if you can just not use your card you are better off in the long run. That said if you are determin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: American taxes if living outside the US and get paid by US company on a US bank account ### Answer: I agree with Joe, having the money deposited to the US bank account may land you in trouble. Technic...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why call option price increases with higher volatility ### Answer: I agree that high volatility just means the underlying stock price fluctuates more, and it does not imply if the stock is going up or...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to pick a state to form an LLC in? ### Answer: Generally, you pick the State which you're located at, because you'll have to register your LLC there in any case. In your case that would be either ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Equity - date of offer, or date of joining? ### Answer: Options or Shares vest by date they are granted. It would strike me as odd for anyone to say their shares were given with 4 year vesting, but th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: A stock just dropped 8% in minutes and now all of a sudden the only way to buy is on the ask, what does this mean? ### Answer: You have to look at stocks just like you would look at smaller and more i...
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: I'm kind of shocked that no formal behavioral modeling has been proposed as an explanation yet. One such model would be ste...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 250k USD in savings. What's next? ### Answer: Considering the historical political instability of your nation, real property may have higher risk than normal. In times of political strife, real estat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Currently sole owner of a property. My girlfriend is looking to move in with me and is offering to pay 'rent'. Am I at risk here? ### Answer: If you are living together 'casually' (no formal partnersh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Car expense deductions with multiple work locations ### Answer: Suppose that I work from home, but do not qualify for a business use of home deduction. As I understand it, this means I cannot deduct...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you get out of a Mutual Fund in your 401(k)? ### Answer: One of the strengths of 401K accounts is that you can move from investment X in the program to investment Y in the program without tax c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are the guaranteed returns of regulated utilities really what they sound like? ### Answer: No. That return on equity number is a target that the regulators consider when approving price hikes. If PG&E...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best personal finance strategy to control my balance ### Answer: My bank will let me download credit card transactions directly into a personal finance program, and by assigning categories to stores I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I include retirement funds in calculating my asset allocation? ### Answer: Personally, I do asset allocation separately for personal investing and for retirement investing, as I the two have va...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a bond etf drop by the amount of the dividend just like an equity etf ### Answer: It may be true for a bond fund. But it is not true for bond etf. Bond etf will drop by the same amount when it ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does freedom to provide services allow me contracting in Germany without paying taxes there (but in my home EU country)? ### Answer: Also within Germany the tax offices usually determine which tax off...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is paying off your mortage a #1 personal finance priority? ### Answer: You say A #1 priority, that implies multiple #1 priorities. Long term or medium term my goal is to pay off the mortgage. But shor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I buy a home or rent in my situation? ### Answer: If I were you, I would rent. Wait to buy a home. Here is why: When you say that renting is equal in cost to a 30-year mortgage, you are faili...