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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I calculate ownership percentage for shared home ownership? ### Answer: Accounting for this properly is not a trivial matter, and you would be wise to pay a little extra to talk with a lawyer a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's a good way to find someone locally to help me with my investments? ### Answer: I strongly suggest personal referral. Ask all of your friends/family/neighbors/co-workers/dog-sitter what they thi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: New to investing — I have $20,000 cash saved, what should I do with it? ### Answer: I have questions for you - As the others have stated, now really isn't the time to do anything to turn short term li...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Multiple accounts stagnant after quitting job. ### Answer: Adapted from an answer to a somewhat different question. Generally, 401k plans have larger annual expenses and provide for poorer investment ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mutual Funds Definition and Role ### Answer: I think you are asking about actively managed funds vs. indexes and possibly also vs. diversified funds like target date funds. This is also related to the...
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 three basic needs are food, clothing, and shelter. Housing falls into the third category. Because it is "basic," housing takes up a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do stock brokers charge fees ### Answer: Retail brokers and are generally not members of exchanges and would generally not be members of exchanges unless they are directly routing orders to those ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Need help with the psychology of investing: past failures and future fears ### Answer: You're being too hard on yourself. You've managed to save quite a bit, which is more than most people ever do. Yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mortgage refinancing fees ### Answer: 2.5%? Whoa, you are being robbed there. Straight-up, stripped-down, and bent-over-a-table robbed. Never agree to "fees". If they don't want to do the work to gi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is the highest quintile the only quintile whose wealth exceeds its income? ### Answer: In a business environment, this phenomenon could be easily explained by 'operational leverage'. Operational l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Lump sum annuity distribution — do I owe estate tax? ### Answer: There can be Federal estate tax as well as State estate tax due on an estate, but it is not of direct concern to you. Estate taxes are ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What evidence exists for claiming that you cannot beat the market? ### Answer: common sentiment that no investor can consistently beat the market on returns. I guess its more like very few investor c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Taxes, Puts and the Wash Rule ### Answer: There are different schools of thought. You can ask the IRS - and it would not surprise me if you got different answers on different phone calls. One interpre...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I negotiate a credit card settlement by stopping payments? ### Answer: This would be on your credit for ~8 years. If it goes according to your plan, it will take 6 months to a year to do the set...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much house can I afford, waiting around 3 years or so ### Answer: On $4K/mo gross about $1000/mo can go to the mortgage, and at today's rates, that's about $200K of mortgage the bank might lend yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying taxes on dividends even though your capital gains were $0? ### Answer: You are incorrect in saying that you have a capital gains of $0. You either have no capital gains activity, because you ha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: using credit card and paying back quickly ### Answer: I can't speak for every credit card, but I know two of mine don't have overage fees. The transaction either goes through, or gets denied. Check yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is buying a home a good idea? ### Answer: Once you paid it off, you don't pay rent anymore. That is the major advantage. Also, you can do any change you want to it. Many people consider it an investme...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In a buy order with a trigger, will I pay the current ask or the buy price in the order? ### Answer: If you want to buy once the price goes up to $101 or above you can place a conditional order to be ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a reasonable salary for the owner and sole member of a small S-Corp? ### Answer: Generally if you're a sole S-Corp employee - it is hard to explain how the S-Corp earned more money than your w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some of the key identifiers/characters of an undervalued stock? ### Answer: P/E = price per earnings. low P/E (P/E < 4) means stock is undervalued. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Capital Gains Tax - Does this apply only to the actual “gains” or to the entire amount of my sale? ### Answer: You normally only pay taxes on the difference between the sale price and the cost basis o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I investigate historical effect of Rebalancing on Return and Standard Deviation? ### Answer: To answer your question directly.. you can investigate by using google or other means to look up r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do the wealthy pay for things? ### Answer: This is second hand information as I am not a millionaire, but I work with such people everyday and have an understanding of how they handle cash: The we...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: still have mortgage on old house to be torn down- want to build new house ### Answer: You're effectively looking for a mortgage for a new self-build house. At the beginning, you should be able to get...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the advantages/disadvantages of a self-directed IRA? ### Answer: This type of account will sell you just enough rope to hang yourself. Gold is at $1400 or so. Were you around when it first h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What assets would be valuable in a post-apocalyptic scenario? ### Answer: A book on the power of persuasion. The people will need you to lead them to the glory land like the Deacon* from Waterworld *D...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: question about early exercise of a NQSO ### Answer: Now assume these shares are vested, held for at least 1 year, and are then sold for $5 each. Everything I've read implies that the grantee now o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: New car price was negotiated as a “cash deal”. Will the price change if I finance instead? ### Answer: There is no rule that says the dealer has to honor that deal, nor is there any that says he/she ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Leasing a car I intend to buy ### Answer: I have a colleague who always leases cars first. He's very well off, has piles of money in savings, owns a home, and the cherry on top, he could just write a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What strategies can I use to reduce my capital gains taxes? ### Answer: There are a number of ways to minimize or even avoid capital gains taxes. Here's a look at five of the more common strategies:In...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: why do I need an emergency fund if I already have investments? ### Answer: My take on this is that this reduces your liquidity risk. Stocks, bonds and many other investment vehicles on secondary marke...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is this formula accurate for weighing the difference between an S-Corp and LLC? ### Answer: It might be best to step back and look at the core information first. You're evaluating an LLC vs a Corpora...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When does a low PE ratio not indicate a good stock? ### Answer: PE can be misleading when theres a good risk the company simply goes out of business in a few years. For this reason some people use PEG...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't you just have someone invest for you and split the profits (and losses) with him? ### Answer: Why is nobody providing a service that is basically: Give me your money. I will invest it as I s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How many days does Bank of America need to clear a bill pay check ### Answer: I just had this happen to me with Chase and speaking with my executive support contact, they will not return the funds unl...
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: There's obviously a lot of discussion surrounding your question, but if I thought a bank was going under, th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tenant wants to pay rent with EFT ### Answer: I'd consider this offer. Keep in mind, any time you write a check, there's the information he's asking for. If it makes you feel comfortable, use the sma...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is the stock market price for a share always higher than the earnings per share? ### Answer: Stock prices are set by supply and demand. If a particular stock has a high EPS, say, $100, then people...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does net selling or buying of a stock mean? ### Answer: What does it mean when some one says that today there was a lot of net selling or buying in a stock. What does it mean because for every se...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off mortgage or invest in high value saving account ### Answer: Basically, the easiest way to do this is to chart out the "what-ifs". Applying the amortization formula (see here) using the numbers...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: collateralized mortgage obligations ### Answer: I think the definition of overcollateralization on investopedia will answer this question for you. Namely this part: For example, in the case of a mort...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Brief concept about price movement of a particular stock [duplicate] ### Answer: There isn't a formula like that, there is only the greed of other market participants, and you can try to predict how g...
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: Sue the debt collectors in small claims court. There are several example stories around the internet, but this is a well written one from...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a mathematical formula to determine a stock's price at a given time? ### Answer: Try to find the P/E ratio of the Company and then Multiply it with last E.P.S, this calculation gives the Fund...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do stock prices of retailers not surge during the holidays? ### Answer: That's a pretty good question for a six-year-old! In addition to the good answers which point out that expectations are pric...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the alternatives to compound interest for a Muslim? ### Answer: Invest in growth stocks which do not pay any dividends (Note that some part of the dividends issued by a corporation might be f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay off my credit card online immediately or wait for the bill? ### Answer: Theoretically there is always a time value of money. You'll need to keep your cash in a Money Market Fund to reali...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to people without any retirement savings? ### Answer: According to both Huffington Post and Investopedia: Trying to retire without any savings in the bank can be difficult, and that di...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When will Canada convert to the U.S. Dollar as an official currency? ### Answer: The conspiracy buffs think this is already in the works. If you are interested, Google this fictional currency called t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much more than my mortgage should I charge for rent? ### Answer: As others have pointed out, you can't just pick a favorable number and rent for that amount. If you want to rent out your house, yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any statistics that support the need for Title Insurance? ### Answer: There seems to be no such information available. What is available is that number of claims are high and the Title Insur...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I avoid credit card use to improve our debt-to-income ratio? ### Answer: The answer depends on how much you spend every month. The DTI is calculated using the minimum payment on the balance owe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I evaluate the performance of a company using just OHLC data? ### Answer: No. The information you are describing is technical data about a stock's market price and trading volume, only. There is n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I re-allocate my portfolio now or let it balance out over time? ### Answer: I would not sell unless the stock is starting to fall in price. If you are a long term investor you can review the we...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What would I miss out on by self insuring my car? ### Answer: If you can afford to replace your car, it is more cost effective, on average and over time, not to carry comprehensive and collision insur...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: NYSE vs. Nasdaq - can I tell what exchange a ticker traded on, based solely on the ticker? ### Answer: You cannot determine this solely by the ticker length. However, there are some conventions that m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to deposit a cheque issued to an associate in my business into my business account? ### Answer: Have the check reissued to the proper payee. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: US: Basics of taxation of stocks ### Answer: E.g. I buy 1 stock unit for $100.00 and sell it later for $150.00 => income taxes arise. Correct. You pay tax on your gains, i.e.: the different between ne...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does delta of an option change with time if underlying price is constant? ### Answer: As the option approaches expiry, the delta will approach zero or one, depending on whether you're in or out of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is the number of issued shares less than the number of outstanding shares ### Answer: The formulae #issued shares = #outstanding shares + #treasury shares looks right. However it looks like the Tr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the difference between a stop order and a stop limit order? ### Answer: Stop order is shorter term for stop-loss order. The point being that is intended as a protective measure. A buy stop o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do Americans have to file taxes, even if their only source of income is from a regular job? ### Answer: One of the reasons, apart from historical, is that different people have different tax liabi...
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: There are lots of good reasons not to do this. HOWEVER if you do decide to, there are four things you need to consider: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will getting a second credit card help my credit rating? ### Answer: No. Getting more credit lowers your credit utilization ratio (if you don't use it), which raises your credit rating, this can also ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do dividend quotes for U.S. stocks include witheld taxes? ### Answer: No. As a rule, the dividends you see in the distribution table are what you'll receive before paying any taxes. Tax rates differ b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I buy and sell a house quickly to access the money in a LISA? ### Answer: Your first home can be up to £450,000 today. But that figure is unlikely to stay the same over 40 years. The government wo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is Amazon's offer of a $50 gift card a scam? ### Answer: it's not a scam. it's not even too good to be true. frankly it's the lowest sign up bonus i've ever seen for a credit card. you would be better...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can rebuilding a city/large area be considered an economic boost? ### Answer: Wikipedia's article on the Parable of the broken window mentions that Keynesians would argue that broken windows can b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do with $4,000 cash and High Interest Debt? ### Answer: This is the kind of scenario addressed by Reddit's /r/personalfinance Prime Directive, or "I have $X, what should I do with it?" I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What effect would a company delisting from the LSE to move to china have on shareholders? ### Answer: Source Rule 41 of the AIM Rules sets out the procedure for delisting. In summary, a company that w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stocks in India, what is the best way to get money to US ### Answer: Convert the money into United States Dollars, put it in an NRE account in India and get 5% per annum for the USD. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is interest on a personal loan tax deductible? ### Answer: Assuming USA: It is possible to make the interest deductible if you go to the trouble of structuring, and filing, the loan as an actual mortg...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Transfering money from NRE to saving account is taxable or not ### Answer: Meagrely transferring money within your own accounts doesn't result in any tax, however legally once you are an NRI you canno...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How smart is it to really be 100% debt free? ### Answer: The day I paid my last student loan payment and my last car payment was (January 4, 2000) a very happy day for me, being then 100% debt free. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mortgage loan implications when tearing down existing house and building new one? ### Answer: You would probably be best off checking through your loan documents to see if anything is listed in it in ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does my car loan interest go up despite making payments on-time? ### Answer: Interest is calculated daily. Doing the math: Between 6-17 and 7-25 are 38 days, 200.29 / 38 = 5.27 interest per day. B...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are my parents ripping me off with this deal that doesn't allow me to build my equity in my home? ### Answer: If I understand you situation correctly, then the accepted answer is extremely misleading ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there an online cost-basis calculator that automatically accounts for dividend re-investments and splits? ### Answer: Google Finance portfolios take into account splits and cash deposits/withdrawal...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can SEP (Self employed person) borrow from me personally if it cannot buy with cash? ### Answer: In most cases, it is not advisable for a self-employed individual to borrow from their personal savings...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are “preferred” stocks? How are they different from normal (common) stocks? ### Answer: I know this has already been answered and I know its frowned upon to dump a link, however, when it comes to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How exactly do dividend reinvestment plans (DRIPs) work? ### Answer: I think Wikipedia offers a very good explanation: A dividend reinvestment program or dividend reinvestment plan (DRIP) is an equity...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Trading : how to deal with crashes (small or big) ### Answer: You can buy out of the money put options that could minimize your losses (or even make you money) in the event of a huge crash. Put optio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is today's price of 15 000 Euro given 15 years ago? ### Answer: What you are positioning as a loan was not a loan at all. Your father bought something to be delivered in the future. Your aunt doe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does the share price tend to fall if a company's profits decrease, yet remain positive? ### Answer: You are omitting how the company made 120 million in the previous year and may be facing a shrin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't poor countries just print more money? ### Answer: Printing money doesn't mean that their wealth increases. It just devalues the money they already have. So it will just take more money to bu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the pros and cons of investing in foreign markets? ### Answer: The main rule of investing is finding the highest risk-adjusted capital return. Broadly speaking, an individual would seek to in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the point of a chargeback when they just ask the merchant whether they owe money to the buyer? ### Answer: When you initiate a chargeback, the merchant has the right to dispute the chargeback. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Make your money work for you ### Answer: First of all, never is too late to develop good habits. So, you know what you want to do and you are going about the how now... First, you should pay off any c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Company stock listed in multiple exchanges? ### Answer: If a company's shares trade in multiple exchanges, the prices in every exchange are very near to each other, otherwise you could earn money by d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Recent college grad. Down payment on a house or car? ### Answer: When I was in that boat a few years ago, I went for the car first. My thoughts: If I get the car first, I'm guaranteed to have a car t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Fund or ETF that simulates the investment goals of an options “straddle” strategy? ### Answer: Why bother with the ETF? Just trade the options -- at least you have the ability to know what you actuall...
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: You're off to a great start. Here are the steps I would take: 1.) Pay off any high-interest debt. 2.) Keep six to twelve months in a highly liquid emergen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to make a decision for used vs new car if I want to keep the car long term? ### Answer: New cars are sold for about $500 over their blue book value. They drop in value by about 20% their first yea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: New car: buy with cash or 0% financing ### Answer: Cash price is $22,500. Financed, it's the same thing (0% interest) but you pay a $1500 fee. 1500/22500 = 6.6%. Basically the APR for your loan is 1.1...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Student loan payments and opportunity costs ### Answer: Already a lot of great answers, but since I ask myself this same question I thought I'd share my 2 cents. As @user541852587 pointed out, behavi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: what is difference between stock and dividend? ### Answer: From Wikipedia - Stock: The stock (also capital stock) of a corporation constitutes the equity stake of its owners. It represents the resid...
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: As others have said, doing a monthly budget is a great idea. I tried the tracking expenses method for years and it...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I send money to someone on student visa in USA, will he need to pay taxes on that? ### Answer: If i am not wrong, any business activities such should be declared on Year End Tax filing. If your fri...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to realize capital gains before going from non-resident alien to resident alien in USA ### Answer: Is this possible and will it have the intended effect? From the US tax perspective, it most defin...