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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are investor's preference for dividends justified? ### Answer: This question is predicated on the assumption that investors prefer dividends, as this depends on who you're speaking to. Some investors...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How will a 1099 work with an existing W-2? ### Answer: You can have multiple W2 forms on the same tax return. If you are using software, it will have the ability for you to enter additional W2 forms. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Be a partner, CTO or just a freelancer? ### Answer: I write software myself and was involved in a couple of start ups. One failed, another was wildly successful, but I did not receive much in compens...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I spend less? ### Answer: Try the Envelope Budgeting System. It is a pretty good system for managing your discretionary outflows. Also, be sure to pay yourself first. That means treat savings ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Lending to the bank ### Answer: The easiest way would be to set up a common savings account. Most of them pay some meager interest rate, and over one night it would be especially meager. A Certificat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Effect of company issued options on share price ### Answer: The answer to your question as asked is no. Call options, even those issued by the company, cannot create new shares unless they are employ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 401k Rollover - on my own or through my financial advisor? ### Answer: I thought the Finance Buff made a pretty solid argument for a financial advisor the other day: http://thefinancebuff.com/the-aver...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I explain why debt on debt is bad to my brother? ### Answer: This is not the case with your brother only. There are many business which run on this premise. It goes till the time all the condit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would it make sense to buy a rental property as an LLC and not in my own name? ### Answer: Consider that there are some low-probability, high-impact risk factors involved with property management. For...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do deep in the money options trade below their intrinsic value? ### Answer: You made 94$ on an investment of 554.80 *100 = 55480$ for an approx holding period of 1 year. So the % return is ~0.16%,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Theoretically, if I bought more than 50% of a company's stocks, will I own the company? ### Answer: Owning more than 50% of a company's stock normally gives you the right to elect a majority, or even...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to withdraw money from currency account without having to lose so much to currency conversion? ### Answer: In your position I would use one of the existing Polish currency exchange platforms (you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does a stock's quoted value represent? ### Answer: Price for the latest transaction. If the stock is selling for $898.7 means that the stock is currently trading for $898.7, and it will be your...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do stocks give you more control over your finances than mutual funds? ### Answer: Exchange-traded funds are bought and sold like stocks so you'd be able to place stop orders on them just like you coul...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the advantages of paying off a mortgage quickly? ### Answer: The financial reasons, beyond simply owning your home outright, are: You're no longer paying interest. Yes, the interest is tax-de...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Implications of receiving small amounts of money on the side ### Answer: HMRC may or may not find out about it; the risks and penalties involved if they do find out make it unwise not to just declare ...
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 have one additional recommendation: if the dealer continues to press the issue, tell them that they need to drop it, or you will wri...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying over the minimum mortgage payment ### Answer: First off, putting extra cash toward a mortgage early on, when most of the payments are going to interest, is the BEST time. If you pay an extra $1...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stock market order execution ### Answer: When you are placing an order with an online broker you should already know what exchange or exchanges that stock trades on. For example if you look up under Y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to make money from a downward European market? ### Answer: If you are interested in short term trading and live in the UK you can do some Spread Betting. If you know what you are doing you can mak...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a company's stock price give any indication to or affect their revenue? ### Answer: Look at the how the income statement is built. The stock price is nowhere on it. The net income is based on the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When will the 2017 US Federal Tax forms be released? ### Answer: It's not quite as bad as the comments indicate. Form 1040ES has been available since January (and IME has been similarly for all past y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Steps/Procedures to open an online stock trading account in the US ### Answer: Since you are not starting with a lot of cash the commissions may eat into your account. So go with somebody that has no ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I invest in my house, when it's in my wife's name? ### Answer: The best answer to this question will depend on you and your wife. What is 'fair' for some may not be 'fair' for others. Some coup...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Long term saving: Shares, Savings Account or Fund ### Answer: RED FLAG. You should not be invested in 1 share. You should buy a diversified ETF which can have fees of 0.06% per year. This has SIGNIFIC...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I need to file a 1099 form for contractors associated with hobby income? ### Answer: You are expected to file 1099 for each person you pay $600 a year. I.e.: not a one time payment, but the total o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do people buy new cars they can not afford? ### Answer: I would answer your question very simply: marketing works. "If you don't have a new F-150, you are not a real man." for men, and "If you do...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are your experiences with 'self directed' 401ks? ### Answer: My employer matches 6% of my salary, dollar for dollar. So you have a great benefit. The self-directed side has no fees but $10 trades...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it okay to be married, 30 years old and have no retirement? ### Answer: You aren't in trouble yet, but you are certainly on a trajectory to be later. The longer you wait the more painful it will be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: how late can i put money into an IRA and still have it count for 2015? ### Answer: The IRA contribution for the year are allowed until the tax day of that year. I.e.: you can contribute for 2015 until...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't online transactions be completed outside of business hours? ### Answer: Generally, unless you're doing a wire transfer, bank transactions are processed in batches overnight. So the credit ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to make money from a downward European market? ### Answer: Trying to make money on something going down is inherently more complicated, risky and speculative than making money on it going up. Sel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: CEO entitlement from share ownership? ### Answer: If I own shares of a company, am I entitled to apply as position of CEO? Sure, but anybody else can apply too. Who decides? The corporate board of d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: The Intelligent Investor: Northern Pacific Railway example ### Answer: Two of the main ways that investors benefit financially from a stock are dividends and increases in the price of the stock. In t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get started with savings, paying off debt, and retirement? ### Answer: The word you are looking for is "budget" You can't pay off debt if you are spending more than you earn. Therefore, start ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does the stock market create any sort of value? ### Answer: Let's say that you bought a share of Apple for $10. When (if ever) their stock sold for $10, it was a very small company with a very small n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Steps to buying a home ### Answer: At this stage, I would think about education. You can attend open houses, and often times real estate agents and bankers put on seminars for first time home buyers....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Accounting for currency depreciation ### Answer: Yes - it's called the rate of inflation. The rate of return over the rate of inflation is called the real rate of return. So if a currency experience...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I transfer and consolidate my 401k's and other options? ### Answer: Every plan administrator has their own procedures for rollovers. In any case, you would start by browsing their website or c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Brokerage account for charity ### Answer: If the charity accepts stock, you can avoid the tax on the long term cap gain when you donate it. e.g. I donate $10,000 in value of Apple. I write off $10,000...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: IRR vs. Interest Rates ### Answer: IRR is subjective, if you could provide another metric instead of the IRR; then this would make sense. You can't spend IRR. For example, you purchase a property with...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I buy a house with a friend? ### Answer: A real life experience. A friend of mine did that with his housemates. They bought a house together as students and it worked for them. The tricky bit i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the pros and cons of buying an item on installments with zero percent interest? ### Answer: If (and only if) there is a zero interest installment plan available, technically the only uncontro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to a company when it issues preference shares? ### Answer: In most cases , preferential sharesholders are paid dividends first before common shareholders are paid . In the event of a comp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: US citizen married to non-resident alien; how do I file taxes? ### Answer: From what you've described, your spouse is a non-resident alien for US tax purposes. You have two choices: Use the Nonresiden...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using financial news releases to trade stocks? ### Answer: In the U.S., publicly traded companies are under the rules of Regulation Fair Disclosure, which says that a company must release information ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I buy a house because Mortgage rates are low ### Answer: How can people afford 10% mortgage? Part of the history of housing prices was the non-bubble component of the bubble. To be clear, there...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is equity research from large banks reliable? ### Answer: If by "can we trust the analyst recommendations" you mean "are they right 100% of the time" the answer is absolutely no. Analysts are human a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What if 40% of the remaining 60% Loan To Value (ratio) is not paid, or the borrower wants to take only 60% of the loan? ### Answer: This is the meat of your potato question. The rephrasing of the ques...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Understanding about Williams' Alligator Indicator? ### Answer: Is that indicator can only be used for short-term trade? First of all, indicator works perfect during trends and oscillator works perfect...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will a credit card company close my account if I stop using it? ### Answer: Assuming the question is "will they close it for inactivity (alone)".. the answer is "Nope" ... unequivocally. Update: < My ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Rollover 401k into Roth IRA? ### Answer: There is some advantage to putting your house downpayment in the Roth to get tax-free growth. However this advantage is offset by the risk of the investment lo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any tips for asset allocation across multiple retirement accounts? ### Answer: I have a similar plan and a similar number of accounts. I think seeking a target asset allocation mix across all invest...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Protecting savings from exceptional taxes ### Answer: What EU wanted to force Cyprus to do is to break the insurance contract the government has with the bank depositors. The parliament rightfully ref...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do people always talk about stocks that pay high dividends? ### Answer: When you invest in stocks, there are two possible ways to make money: Many people speculate just on the stock price, which w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If one owns 75% of company shares, does that mean that he would have to take upon himself 75% of the company's expenses? ### Answer: I think your question might be coming from a misunderstanding of ho...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Has anyone compared an in-person Tax Advisor to software like Turbo Tax? ### Answer: I did my own taxes previously using both H&R Block Tax Cut and TurboTax. When I had a simple return and was single...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: W-4 and withholding taxes for self-employed spouse ### Answer: When you enter your expected gross income into the worksheet - just enter $360000 and leave everything else as is. That should give you t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do property taxes get deducted 100% from the Annual Tax Return or only a fraction of them? ### Answer: In 2012, the standard deduction is $5950 for a single person. Let's assume you are very charitab...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to properly collect money from corporate sponsors? ### Answer: http://www.legalzoom.com/business-management/starting-your-business/turn-your-calling Answering this, but I expect an expert to give ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are TD e-Series Funds worthwhile, or am I better off with ETFs? Why or why not? ### Answer: M Attia, the advantages of the TD e-series are that they are a low cost way to index your portfolio as well ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is this investment opportunity problematic? ### Answer: Adding to what others have said, if the mortgage for the new house is backed by the federal government (e.g., through FHA or is to be sold to Fa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is there so much variability on interest rate accounts ### Answer: I spent some time comparing banks' interest rates until I realized that it didn't actually matter (to me). The only money I keep ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a good service that will allow me to practice options trading with a pretend-money account? ### Answer: Try wallstreetsurvivor.com It gives you $100k of pretend money when you sign up, using w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I'm going to start doing my own taxes soon, do I need to start keeping receipts for everything? ### Answer: You don't need to keep receipts for most things, and if you are not going to itemize your...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Explain the HSI - why do markets sometimes appear in sync and other times not? ### Answer: why do markets sometimes appear in sync, but during other times, not so much By "markets" I'm assuming you me...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How risky is it to keep my emergency fund in stocks? ### Answer: From mid 2007 to early 2009 the DJI went down about 50 %. This market setback won't happen on a single day or even a few weeks. Emerge...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How are mortgage payments decided? [duplicate] ### Answer: It's so that your total mortgage payment stays the same every month. Obviously, the interest due each month decreases over time, as part of t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If accepting more than $10K in cash for a used boat, should I worry about counterfeiting? ### Answer: I'd not do business under these terms. A bill of sale needs a signature, right? Your signature is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't boards of directors try to produce results in line with estimates? ### Answer: First off, some companies do something like this. Microsoft for example was well-known for consistently hittin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is Stock Trading legal for a student on F-1 Visa in USA? [duplicate] ### Answer: As an F1 student, I have been investing (and occasionally buying and selling within few weeks) for several years, and I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I received $1000 and was asked to send it back. How was this scam meant to work? ### Answer: This is a very trivial scam. Flow is like this: Send money to Mr. X (you, in this case). Call Mr. X and ask...
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: I don't know where your trade figures are from. ETrade, TD Ameritrade, Fidelity, etc all...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do overall 401(k) contribution limits sum across employers? ### Answer: Let me first start off by saying that you need to be careful with an S-Corp and defined contribution plans. You might want to c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why will the bank only loan us 80% of the value of our fully paid for home? ### Answer: The banks figure that they'll get 80% of the value of the property at a sheriff's sale. So, they're lending you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Credit card statement dates follow pattern? ### Answer: Each bank is different. Usually in my experience for newer credit card accounts, there is a specific number of days in a billing cycle (somethin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stocks and Bankruptcy ### Answer: When they entered Bankruptcy they changed their stock symbol from AAMR to AAMRQ. The Q tells investors that the company i in Bankruptcy. This i what the SEC says abou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shifting income to 401k ### Answer: This will be difficult to achieve. It can be done, but it's very rare to have an agreement where your employer is willing to max out your contribution limit unless...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using Loan to Invest - Paying Monthly Installments with Monthly Income ### Answer: Here are my re-run figures. Not counting capital gains taxes, I calculate you need to be making 1.875% per annum or ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Restricting a check from being deposited via cell phone ### Answer: I don't see any reason to worry about a check being deposited via cell phone. There isn't anything you can write on a check to make ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there data and proof that a diversified portfolio can generate higher returns than the S&P 500 Index? ### Answer: Stocks, Bonds, Bills, and Lottery Tickets notes the work of Fama and French who res...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: $200k in an IRA, unallocated. What's the safest investment? ### Answer: Define "risk-sensitive": The point is, define Your risk, and your choices will narrow. Some investors worry more about what next...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Index ETF or Index mutual fund - standard brokerage account ### Answer: The main difference between a mutual fund and an ETF are how they are bought and sold (from the investors perspective). An ETF i...
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: This is a case where human nature and arithmetic lead to different results. Depending on the your income, the effective in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the difference between “good debt” vs. “bad debt”? ### Answer: When I look at debt I try to think of myself as a corporation. In life, you have a series of projects that you can undertake whi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to reconcile these contradictory statements about the effect of volume on stock price? ### Answer: The first statement is talking about a sudden sharp increase in volume (double or more of average...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Employer 401K thru Fidelity - Investment options ### Answer: The target date investment will automatically reduce equity exposure and increase bond exposure as it approaches retirement date. If you a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to influence a company's actions by buying stock? ### Answer: To quote Adam Smith, 'Everything is worth what its purchaser will pay for it'. In this case, that means, the value of a sto...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will ADR owner enjoy same benefit as common shares holders ### Answer: One other issue you may face is when the company announces poor financial results and begins to tank, you will not be able to sel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Double entry for mortgage ### Answer: For the purpose of personal finance, treating $500 as Interest Expense is sufficient. For business accounting, it involves making the $500 a contra-liability and...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is dividend included in EPS ### Answer: EPS is often earnings/diluted shares. That is counting shares as if all convertible securities (employee stock options for example) were converted. Looking at p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm 23 and was given $50k. What should I do? ### Answer: I'll add 2 observations regarding current answers. Jack nailed it - a 401(k) match beats all. But choose the right flavor account. You are cu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to invest my British pound salary ### Answer: The London Stock Exchange offers a wealth of exchange traded products whose variety matches those offered in the US. Here is a link to a list of exch...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I open a Roth IRA or invest in the S&P 500? ### Answer: Your question indicates confusion regarding what an Individual Retirement Account (whether Roth or Traditional) is vs. the S&P 500, which...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a multi-family home to rent part and live in the rest ### Answer: You are a "strategic" investor, which is to say that you are in the best position to evaluate the deal because you already live...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Safe and cheap way to send money from Canada to South America ### Answer: The catch with any exchange service is that you're going to involve some sort of business and they're going to want to get pai...
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: I started a business a few years ago. At one point it wasn't going so well and my father "loaned" me an amount not too dissimilar to what you've done. Fro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tracking down stocks I own ### Answer: There's two possibilities. One is that the broker declared your account abandoned and turned over your account to the state. If that happened, it should turn up ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I finance a new home theater at 0% even though I have the cash for it? ### Answer: Be very careful with this. When we tried this with furniture, they charged an "administrative" fee to setup t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Indie Software Developers - How do I handle taxes? ### Answer: First of all congrats... very nice work indeed.. Secondly, i do not offer this as legal advise.. lol.. anyhow.. you need to make sure to...