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: Taxing GoFundMe Donations ### Answer: I'm going to post this as an answer because it's from the GoFundMe website, but ultimately even they say to speak with a tax professional about it. Am I responsi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are REIT worth it and is it a good option to generate passive income for a while? ### Answer: There are tax strategies you could take advantage of if you own the property. Find local real estate inves...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy US ETF as foreigner — a bad idea? ### Answer: A quick update for people finding this thread through Google. With the help of a few awesome Bogleheads, I compiled all the relevant research done int...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some examples of unsecured loans ### Answer: Unsecured loans are loans that have not been “secured” with any kind of collateral. For example, the bank does not have the ability to take your p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can foreign investor (residing outside US) invest in US company stocks? ### Answer: (Note: out of my depth here, but in case this helps...) While not a direct answer to your question, I'll point o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a term for total money owed to you? ### Answer: Is there a word for that $20k owed? Trade Receivables, Accounts Receivables, or just Receivables Is there a different word for that $30k "hypot...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Non-EU student, living in Germany, working for a Swiss company - taxes? ### Answer: Finally, I got response from finance center: "It doesn't matter where do you study, what does matter is where you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options tax treatment ### Answer: You owe no tax on the option transaction in 2015 in this case. How you ultimately get taxed depends on how you dispose of the position. If it expires, then you will...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Average Price of a Stock ### Answer: I would have to disagree with the other responders. In technical analysis of stock charts, various short and long term moving averages are used to give an indicati...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to exclude stock from mutual fund ### Answer: Mutual funds invest according to their prospectus. If they declare that they match the investments to a certain index - then that's what they should d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I figure out when I'll be able to write call options of a stock? ### Answer: You can't know. It's not like every stock has options traded on it, so until you either see the options listed or a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the US tax owed when gifting India Shares to my brother? ### Answer: Here's an excerpt from the Charles Schwab website which I think will help evaluate your position: The simple answer to your...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does “taking over payments” work? ### Answer: I think this phrase originates from when it was common to have an assumable mortgage. In that case, you would "take over payments" and the loan would...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Opening a Roth IRA account, what is the fee structure for Vanguard, Scottrade and TIAA-CREF ### Answer: This answer is somewhat incomplete as I don't have definitive conclusions about some parts of yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I still need to file taxes with the Canadian government if I am working in the U.S. on a TN visa for a few years? ### Answer: The other answer has mentioned "factual resident", and you have raised ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best way to start investing, for a young person just starting their career? ### Answer: If your employer offers a 401(k) match, definitely take advantage of it. It's free money, so take advantage of i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Visiting vacation rental with immediate family ### Answer: No, you cannot deduct it. There's no business substance in such a trip, it is your vacation, and as such cannot be claimed as an expense agai...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay down the student loan, or buy the car with cash? ### Answer: To directly answer your question, the best choice is to pay cash and place the rest on your student loan. This is saving you from payin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does owning a home and paying on a mortgage fit into family savings and investment? ### Answer: Unless you plan to sell your home and live in a box during your retirement I wouldn't consider it an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to share income after marriage and kids? ### Answer: I started this off as a comment to Joe's answer, but it got rather messy in that form so I'll just post it as a separate answer instead. I sugg...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a US bank prevent you from making early payments to the principal on a home mortgage? ### Answer: Many mortgages penalize early payment, and I assume it's possible to disallow it altogether. It ma...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you determine the dividend payout date for Mutual Funds? ### Answer: Determine which fund company issues the fund. In this case, a search reveals the fund name to be Vanguard Dividend Growth Fu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you measure the value of gold? ### Answer: There are three aspects of what to value gold over. It doesn't easily chemically react with anything, so it stays pure over a long period of time (vs,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Resources on how to be a short term trader? ### Answer: The problem is that while there are a lot of statistics that can be created from basic market data such as prices and volume, along with the fun...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: A good investment vehicle for saving for a mortgage down payment? ### Answer: Assuming this'll be a taxable account and you're an above-average wage earner, the following seem to be biggest factors in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Trouble sticking to a budget when using credit cards for day to day transactions? ### Answer: The trick to using a credit card responsibly is accounting. With your old system, you were paying for ever...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay cash or prefer a 0% interest loan for home furnishings? ### Answer: Read the terms and conditions very carefully. Many zero percent deals have a requirement that you pay back at a certain...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a widely recognized bond index? ### Answer: The iShares Barclays Aggregate Bond - ticker AGG, is a ETF that may fit the bill for you. It's an intermediate term fund with annual expenses of .2...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 1.4 million cash. What do I do? ### Answer: Have you considered investing in real estate? Property is cheap now and you have enough money for several properties. The income from tenants could be very ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Avoiding Capital Gains Long Term ### Answer: Yes, you could avoid capital gains tax altogether, however, capital gains are used in determining your tax bracket even though they are not taxed at that r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does Portfolio Turnover affect my investment? ### Answer: may result in more taxes when Fund shares are held in a taxable account. When the fund manager decides to sell shares of a stock, and th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Optimal way to use a credit card to build better credit? ### Answer: If you have self control and a good handle on your finances, which it sounds like - I suggest the following: Note: #3 is important ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does it make sense to buy a house in my situation? ### Answer: There are many other good answers here, but I just wanted to note that it could be dangerous to rely on the changes in alimony and child ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First time homeowner and getting a mortgage? ### Answer: I second the suggestions for your local credit union and asking co-workers who might also be in the process of a home purchase. Additionally, y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are low commission trading sites safe? ### Answer: Generally, yes. Rather than ask, "why are these guys so cheap?", you should be asking why the big names are so expensive. :) Marketing spend plays a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to minimize damage from sale of savings account ### Answer: Bank of America has been selling off their local branches to smaller banks in recent years. Here are a few news stories related to this...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much cash on hand should one have? ### Answer: You seem to have a grasp of the basic principles involved, but your estimation of the risk you are taking seems a bit low. Your non-investment reserv...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any data that shows how diversifying results in better returns than just sticking to an all-stock portfolio? ### Answer: This paper by a Columbia business school professor says: The standard ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Personal “Profit & Loss Statement” required for mortgage? ### Answer: The bank is asking for a P & L because as a contractor you are in essence running your own business. Its kind of a technicality, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there an academic framework for deciding when to sell in-the-money call options? ### Answer: If any academic framework worked, your teachers would be the richest people on the planet. However, you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Could an ex-employee of a company find themself stranded with shares they cannot sell (and a tax bill)? ### Answer: It would take an unusual situation. They exercise certain types of option, which c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is auto insurance ridiculously overpriced for those who drive few miles? ### Answer: Other people lie to the companies about how many miles they drive, so they can't take the mileage figures liter...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In the event of a corporate spin-off, how can I calculate the correct cost basis for each company's shares? ### Answer: Having all of the numbers you posted is a start. It's what you need to perform t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I switch/rollover my IRA to a Gold IRA at Regal Assets? ### Answer: The link you originally included had an affiliate code included (now removed). It is likely that your "friend" suggested the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is company provided health insurance tax free, but individual health insurance is not? ### Answer: All questions regarding why is activity X taxed but activity Y taxed differently boils down to: T...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do credit checks affect credit scores? ### Answer: There are two types of credit checks. First is the hard pull which is typically done when you apply for a credit line. The lender will hard pull your...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can extra mortgage payments be made to lower the monthly payment amount? ### Answer: Typically, this is not an option, as the monthly payments are fixed. It depends on the willingness of your financin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the process of getting your first share? ### Answer: I think I understand what you're trying to achieve. You just want to see how it "feels" to own a share, right? To go through the process of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If a stock doesn't pay dividends, then why is the stock worth anything? ### Answer: Shareholders can [often] vote for management to pay dividends Shareholders are sticking around if they feel the comp...
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: Highest priority compared to what? Obviously priorities should be repaying debt in the order of interest percentage. Which means...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does the USA have a Gold reserve? ### Answer: The United States is no longer on a gold standard, and the value of its currency is solely founded on the productivity of its economy. So I don't think th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which is the better strategy for buying stocks monthly? ### Answer: To optimize your return on investment, you need to buy low and sell high. If you knew that one stock had hit rock bottom, and the o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Online stock screener to find stocks that are negatively correlated to another stock/index? ### Answer: Finviz can be screened by beta which is an index of correlation. Finviz covers all major North A...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Equation to determine if a stock is oversold and by how much? ### Answer: To my knowledge, there's no universal equation, so this could vary by individual/company. The equation I use (outside of sen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would it be considered appropriate to use a market order for my very first stock trade? ### Answer: Difference between a limit and market order is largely a trade-off between price certainty and timin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay more than 20% down on a home? ### Answer: A few thoughts off the top of my head: Advantages of more than 20% down: Disadvantages of more than 20% down: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to choose a good 401(k) investment option? ### Answer: There are a lot of funds that exist only to feed people's belief that existing funds are not diversified or specialized enough. That's why y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much money do I need to have saved up for retirement? ### Answer: One common rule of thumb: you can probably get 4% or better returns on your investments ('"typical market rate of return is 8%, de...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I find a good mutual fund to invest 5K in with a moderately high amount of risk? ### Answer: Just find a low cost S&P 500 index fund, and spend your time reading The Great Mutual Fund Trap inst...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Financial implications of purchasing a first home? ### Answer: Congrats! Make sure you nail down NOW what happens to the house should you eventually separate. I know lots of unmarried couples who have...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Sell your home and invest in growth stock mutual fund ### Answer: The 20%+ returns you have observed in the mutual funds are not free money. They are compensation for the risk associated with owning ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How did my number of shares get reduced? ### Answer: Your question is missing information. The most probable reason is that the company made a split or a dividend paid in stock and that you might be c...
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: You lose your agent services. When my wife wrecked our car 3 years ago our agent took care of everything. He got us a rental car, made th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would anyone want to pay off their debts in a way other than “highest interest” first? ### Answer: If you have a debt that has very low interest now, but you are aware that it's not going to stay ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: High credit utilization, some high interest - but credit score not overly bad. How to attack debt in this situation? ### Answer: The bottom line is you have an income problem. Your car payment seems ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the opportunities/implications of having a designated clearing bank in my home country? ### Answer: I strongly urge you against this despite the fact that you may enjoy lucrative interest rat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Family suggests my first real estate. Advice? ### Answer: Do not borrow to invest in real estate. The interest payments will eat up most of your profit (the property management fees might eat up the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Higher mortgage to increase savings to invest? ### Answer: I don't follow the numbers in your example, but the fundamental question you're asking is, "If I can borrow money for a low cost, and if I th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I live outside of the rat race of American life with 300k? ### Answer: The title of your question is quite different then the content. The term "Rat Race" was coined in the 70's and refers to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off car loan entirely or leave $1 until the end of the loan period? ### Answer: In some states there are significantly higher automobile insurance costs and higher coverage requirements for vehicl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How dividend payout happens ### Answer: As the record date is 7th August, you need to hold stocks on the 7th August closing. You need not hold it till 2nd Sept. The list as taken on 7th August would b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I remove the movement of the stock market as a whole from the movement in price of an individual share? ### Answer: You run the regression R_{i,t} = a + bR_{m,t} + e_t, then a + e_t is the var...
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 had a similar situation when I was in college. The difference was that the dealer agreed to finance and the bank they used wanted a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What financial data are analysed (and how) to come up with a stock recommendation? ### Answer: Let me start with a somewhat sarcastic statement: There are probably as many things done to analyze a sto...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How risky are penny stocks? ### Answer: Consider firstly that they're penny stocks for a reason - the company just isn't worth much. Yes, it could take off but this happenstance is rarer than you thin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using a self-directed IRA to buy vacation condo, rent it out to an LLC for $1 ### Answer: Self directed IRAs have rules to prevent self-dealing of this sort called "prohibited transactions". You can't...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I use regular or adjusted close for backtesting? ### Answer: You would have to compare your backtesting to what you will be doing in real trading, and try to have the backtesting as close to yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Question about being a resident ### Answer: One thing to consider besides what rules Oregon has, is what rules your old state have. Of course the lack of income tax in Nevada means that most people ar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay cash or prefer a 0% interest loan for home furnishings? ### Answer: There are lots of good points here already, but something that hasn't been mentioned yet is what would happen if the pu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What exactly is BATS Chi-X Europe? ### Answer: BATS CHi-X Europe is a market maker. They provide liquidity to the order books of different kinds of equities on certain exchanges. So the London Stock E...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Info about managment compansation schemes in publicly traded companies ### Answer: Converting the comment from @MD-Tech into answer How or where could I find info about publicly traded companies about...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Principal 401(k) managed fund fees, wow. What can I do? ### Answer: When you look at managed funds the expense ratios are always high. They have the expense of analyzing the market, deciding where to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the most effective saving money method? ### Answer: Envelope budgeting is pretty simple. It's easy enough that you can teach it to children, and flexible enough you can use it as an adult. T...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I increase my hourly pay as a software developer? ### Answer: You are paid hourly? I would have expected most IT people to be on salary Depends what your boss is like, he might be easy going a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I want a Credit Card offered through a different Credit Union should I slowly transition my banking to that CU? ### Answer: As has been stated, you don't need to actively bank with a credit union t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Chase bank not breaking large bills for non-account holders ### Answer: Yes it is (legal). There is of course no law requiring any business you walk in to break your money. What made you think there w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying insurance (extended warranty or guarantee) on everyday goods / appliances? ### Answer: I politely decline. Insurance is there to protect me against catastrophic financial loss (huge medical bil...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the benefit of opening a Certificate of Deposit (CD) Account? ### Answer: One reason why you can get a better rate with a CD compared to a regular savings account is that they lock you into tha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can the Samsung Upgrade Programme offer 0% APR? ### Answer: The financing is built into the price. I do not have hard facts, but I strongly suspect that very few people buy brand-new smartphones ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to finance my trading strategy in foreign exchange trading? ### Answer: how can I get started knowing that my strategy opportunities are limited and that my capital is low, but the success rate is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the opposite of Economic Bubble? ### Answer: A financial panic is in my mind would be the opposite of a bubble. A bubble is irrational exuberance -- uncontrolled exhilaration. People will igno...
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: I know this an old thread, but one that caught my interest as I just moved to the USA from Australia. As per the OP I had never written a check i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are my chances at getting a mortgage with Terrible credit but High income ### Answer: With bad credit but good income, I would simply save a large down payment. You're much more likely to get a m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate new price for bond if yield increases ### Answer: Edited to incorporate the comments elsewhere of @Atkins Assuming, (apparently incorrectly) that duration is time to maturity: First, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy a parking spot and rent it out, or invest savings in an interest-bearing account? ### Answer: From strictly a gross revenue point of view, the parking spot is going to yield a higher rate (5.4%) v...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I deposit a check made out to my business into my personal account? ### Answer: When a business asks me to make out a cheque to a person rather than the business name, I take that as a red fla...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Definitions of leverage and of leverage factor ### Answer: Levarge in simple terms is how of your own money to how much of borrowed money. So in 2008 Typical leverage ratios were Investment Banks 30...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a rule of thumb to help “Sanity check” insurance costs? ### Answer: Your best bet would be to find an independent Property and Casualty Insurance agent and buy through him/her. Insurance agen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to minimise the risk of a reduction in purchase power in case of Brexit for money held in a bank account? ### Answer: If you are really worried your best bet is to move all your cash from Sterling...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shared groceries expenses between roommates to be divided as per specific consumption ratio and attendance ### Answer: The solution to this problem is somewhat like grading on a curve. Use the consump...