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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the most correct way to calculate market cap for multi-class companies? ### Answer: Some companies issue multiple classes of shares. Each share may have different ratios applied to ownership r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where should I park my rainy-day / emergency fund? ### Answer: This is probably a good time to note that credit is not a liquid asset, and not an emergency fund. Credit can be revoked or denied at any...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I save for my children's university education in Canada, or am I better off paying off loans and gaining debt room? ### Answer: At the very least I'd look closely at what you could get from the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In Australia, how to battle credit card debt? ### Answer: Victor addressed the card issue with an excellent answer, I'd like to take a stab at the budget and income side. Your question clearly stated...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it legal to sell my stock at any specified price to a specified person in US Market? ### Answer: So I want to sell my 100 shares of AAPL to him at a price of 10 or even 1 US Dollar. Is that legal...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens when the bid and ask are the same? ### Answer: This question is impossible answer for all markets but there are 2 more possibilities in my experience: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I've got $100K to invest over the next 2 to 7 years. What are some good options? ### Answer: One of the things I would suggest looking into is peer-to-peer lending. I do lendingclub.com, but with a l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Working as a freelancer overseas, but US Citizen, what is my tax situation? ### Answer: This person must pay taxes in both the overseas country and in the U.S. This is unusual; generally, only the U.S...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does volume and huge daily price increases say about stock prices? ### Answer: Stock B could be considered to be more risky because it seems to be more volatile - sharp rises on large volume incr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is my employer affected if I have expensive claims on my group health insurance? ### Answer: Your employers insurance premiums will definitely go up if there are a lot of claims when it is time fo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the best software tools for personal finance? ### Answer: Excel Pros: Cons: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Potential pitfalls of this volume trading strategy ### Answer: I wouldn't be turned off due to the difficult of parsing English, for a few reasons. Firstly, you don't have to perfectly parse to find m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Taking out a loan to pay down a mortgage ### Answer: You're not crazy, but the banks are. Here's the problem: You're taking 100% LTV on property A - you won't be able to get a second mortgage for more...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is a stock trade flat on large volume? ### Answer: Large volume just means a lot of market participants believe they know where the stock price will be (after some amount of time). The fact that ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do people buy insurance even if they have the means to overcome the loss? ### Answer: Your basic point is correct; the savvy move is to use insurance only to cover losses that would be painful or ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: offshoring work and tax dilemma ### Answer: Generally for tax questions you should talk to a tax adviser. Don't consider anything I write here as a tax advice, and the answer was not intended or writt...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is retirement planning so commonly recommended? ### Answer: 1) People aren't always going to be able to do their occupation, or their desired hobby. 2) Government assistance, or whatever you want ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How profitable is selling your customer base? ### Answer: but what about non-identifying information like emails or even telephone numbers? Are you allowed to do this? Most countries have privacy laws...
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: Some lenders want to discourage the borrower from making these additional payments because they wa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Gauge the strength of the resistance level of a stock just using EMA ### Answer: Firstly, you mean resistance not support, as a support is below the current price and resistance is above the price. Se...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Transfer car loan for better interest rate ### Answer: Yes, it is possible for you to refinance your existing auto loan, and so long as you can get the loan on more favorable terms (e.g.: lower intere...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the MBA an overrated degree/qualification? ### Answer: There is a distinct difference between 'having a degree' and 'being genuinely smart and business savvy'. If you're genuinely smart and busines...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best way to short the San Francisco real estate market? ### Answer: You could short home builders who do a lot of their business in Northern California. (Not just San Francisco, Silicon V...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What pension options are there for a 22 year old graduate in the UK? ### Answer: I wouldn't go into a stock market related investment if you plan on buying a house in 4-5 years, you really need to tie...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I trade in U.S stock exchange living in India by choosing the broker in U.S? ### Answer: i have been trading with dollarbird Trading firm for past 1 year there is absolutly no problem everythi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What debts are both partners liable for in a 'community property' state? ### Answer: (Yes, I know this is a seven year old question.) Does this only apply to debts that were taken on during marriage ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I figure out if I will owe taxes ### Answer: If you want to predict the, the easiest solution is to get hold of a copy of last year's tax forms and fill them in with estimated numbers. Odds ar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why buy insurance? ### Answer: This is just an addition to base64's answer. In order to maximize your overall wealth (and wellbeing) in a long run, it is not enough to look only at the expected value...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I am not VAT registered. Do I need to buy from my supplier with excl VAT prices or incl VAT? ### Answer: You only pay VAT if you buy from a VAT-registered company; if they are not registered, you don'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Credit card closed. Effect on credit score (USA) ### Answer: So My question is. Is my credit score going to be hit? Yes it will affect your credit. Not as much as missing payments on the debt, which...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate stock price (value) based on given values for equity and debt? ### Answer: Adding assets (equity) and liabilities (debt) never gives you anything useful. The value of a company is its...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I am a contractor with revenue below UK's VAT threshold. Should I register for VAT? ### Answer: If you are providing VAT-liable services (you probablly are) and you register normally for VAT then you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does a ETN that is supposed to track Crude Oil like UWTI show constant decline every year? And am I an idiot for investing in it? ### Answer: After looking at both S&P GSCI Crude Oil Index Excess ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the best application, software or tool that can be used to track time? ### Answer: Surprised nobody has mentioned Freshbooks yet. It's lightweight, easy to use, and free for low-end use (scalin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Diagnostic Questions to Determine if Renter intends to pay ### Answer: Assuming the renter was properly vetted, the only question worth asking is "what has changed in your life?" Perhaps one of the ea...
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: Reasons for no: In your first sentence you say something interesting: rates low - prices high. Actually those 2 are reversely correlat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: mortgage vs car loan vs invest extra cash? ### Answer: Pay off your car loan. Here is why: As you mentioned, the interest on your home mortgage is tax deductible. This may not completely offset the di...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Offsetting the tax on vested RSUs with short term capital loss ### Answer: No. The gain on RSU is not a capital gain, it is considered wages and treated as part of your salary, for tax purposes. You c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do people buy stocks that pay no dividend? ### Answer: people buy stocks because there is more to Return on Investment than whether dividends are issued or not. Some people want ownership and the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are binary options really part of trading? ### Answer: As far as I have read, yes binary option is a part of trading. I saw tutorials on many sites like investopedia.com , verifyproducts.com etc. whic...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the equation for an inflation adjusted annuity held in perpetuity? ### Answer: EDIT: After reading one of the comments on the original question, I realized that there is a much more intuitive ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Understanding the phrase “afford to lose” better ### Answer: The way I approach "afford to lose", is that you need to sit down and figure out the amount of money you need at different stages of your l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't I withdraw the $57 in my account? ### Answer: Given you mention a check clearing, in addition to debit card holds as JoeTaxpayer notes, you may also have funds that are on hold for that reas...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm 13. Can I buy supplies at a pet store without a parent/adult present? ### Answer: Perhaps a technicality, but minors do not have the legal capacity to bind a contract. Making a purchase from a sto...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Bond ETFs vs actual bonds ### Answer: As keshlam said, an ETF holds various assets, but the level of diversification depends on the individual ETF. A bond ETF can focus on short term bonds, long term ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ways to get individual securities from ETF's ### Answer: Assuming that the ETF is tracking an index, is there a reason for not looking at using details on the index? Typically the exact constituents ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does my broker (optionsXpress) calculate probabilities that the stock will hit a certain price? ### Answer: Their algorithm may be different (and proprietary), but how I would to it is to assume t...
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: I'm really going to go against the crowd here--paying it too fast could be a problem. The thing is you want them re...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I were to get audited, what would I need? ### Answer: While IANAL (tax or otherwise), I have always found that keeping original receipts is the only way to go. While anything can, at some level, be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What can I replace Microsoft Money with, now that MS has abandoned it? ### Answer: I have used Quicken for over 10 years. It has always provided the information I needed and I have always received go...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can Form 1040a, Line 10 be left blank if the broker's 1099-Div shows 0? ### Answer: Capital gain distribution is not capital gain on sale of stock. If you have stock sales (Schedule D) you should be f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the stock market too risky for long term retirement funds? Why should a 20- or 30-something person invest in stocks? ### Answer: Look. Here's a graph of the S&P 500. It's up 1200% since the start o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Bond prices: Why is a high yield sometimes too good to be true? ### Answer: Those are the expected yields; they are not guaranteed. This was actually the bread and butter of Graham Newman, mispriced b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If USA defaults on its debt, will the T bond holder get back his money ### Answer: The only party that can pay back a government bond is the government that issued it itself. In the case of Argentina,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the ticker symbol of the mini Google stock? ### Answer: Google will be issuing Class C shares (under the ticker symbol GOOCV) to current GOOG holders in the beginning of April. The Class C sh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: ACH debit blocks/filters on consumer account ### Answer: The technical feature exists to (1)block all ACH activity, (2)block all ACH credits, or (3)block all ACH debits attempting to post to the depos...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I thought student loans didn't have interest, or at least very low interest? [UK] ### Answer: From the description, you have a post-1998 income contingent loan. The interest rate on those is currently...
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: A major danger of keeping "emergency" funds in the form of stocks is that many of the scenarios where one would need quick access to th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Confused about employee stock options: How do I afford these? ### Answer: I've been offered a package that includes 100k stock options at 5 dollars a share. They vest over 4 years at 25% a year. Does ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I invest in securities denominated in a foreign currency, should I hedge my currency risk? ### Answer: So far we have a case for yes and no. I believe the correct answer is... maybe. You mention t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to choose a company for an IRA? ### Answer: I use TIAA-Cref for my 403(b) and Fidelity for my solo 401(k) and IRAs. I have previously used Vanguard and have also used other discount brokers for m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What prevents investors from buying high yield stocks and selling them as soon as their dividend is paid out? ### Answer: Although the market discussion by other answers is correct, the tax structur...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does an Executed Limit Order Imply a Spot Price? ### Answer: I can't say I know everything about the underlying details, but from what I understand, your limit buy adds to the bid side of open orders,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to your spouse's sole proprietorship if they die? ### Answer: For sure you should get a lawyer on this one, but it would seem to me that the simplest path forward would be to convert the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does the settlement date of short interest mean? ### Answer: At the bottom of the page you linked to, NASDAQ provides a link to this page on nasdaqtrader.com, which states Each FINRA member firm ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: As a US Permanent Resident, how much money I can send from the US to India in my NRE account per year? ### Answer: I assume that you are a citizen of India, and are what Indian law calls a NRI (NonRes...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Boyfriend is coowner of a house with his sister, he wants to sell but she doesn't ### Answer: It seems likely that the mortgage is not in your boyfriend's name because he never would have qualified if...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do 10 year-old luxury cars lose so much value? ### Answer: Few people actually buy BMW's. Most are leased, because if you're the type of person who wants to drive a BMW, you're going want a new on...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a negotiable security and how are they related to derivatives? ### Answer: negotiability is a legal concept that permits free transfer of a security without the requirement of prior consent of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Asking price went through the roof ### Answer: As folks have explained in the comments: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why call option price increases with higher volatility ### Answer: When volatility is higher, the option is more likely to end up in-the-money. Moreover, when it ends up in-the-money, it is likely to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should the poor consider investing as a means to becoming rich? ### Answer: Investments earn income relative to the principal amounts invested. If you do not have much to invest, then the only way to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it ever logical to not deposit to a matched 401(k) account? ### Answer: The other answers assumed student loan debt -- and for that, it's rarely worth it (unless your company only offers managed pl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How come the government can value a home more than was paid for the house? ### Answer: The property tax valuation and the fair market price are NOT one and the same. They track each other, correlate ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: See list of stock trades for day ### Answer: You can see all the (millions) of trades per day for a US stock only if you purchase that data from the individual exchanges (NYSE, NASDAQ, ARCA, ...), fro...
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: Consider buying a legal "mother daughter" property, rent out the top part, and live in the "mother" component. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Primerica: All it claims to be? ### Answer: Primerica's primary value proposition is that switching from whole or universal life to term life, and investing the difference is a good idea for most peop...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What economic growth rate is required to halve U.S. unemployment? ### Answer: I'm reminded of Say's Law (developed by Jean-Baptiste Say) which can best be reduced to: The market clears (i.e. there is ...
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: How and why is this considered fair (and/or legal)? Let's use an analogy. The issue is not fairness, it is just the rules...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Interactive Brokers: IOPTS and list of structured products ### Answer: Interactive Brokers offers global securities trading. Notice that the security types are: cash, stock (STK), futures (FUT), optio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Comparing/reviewing personal health insurance plans for the self-employed ### Answer: Here's an old-ish article from the NYT that discusses this. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Renters Liability in Case of Liability Claims for Property Damage or Fire ### Answer: According to US News, renter's insurance does cover liability as well as your own belongings. They list this as o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who gets how many shares when an IPO is oversubscribed? ### Answer: A broker will only get so many shares for any IPO. They will give their highest profit customers priority, but try to keep the small...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which is better when working as a contractor, 1099 or incorporating? ### Answer: It makes no difference for tax purposes. If you are 1099, you will pay the same amount of taxes as if you formed a corp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Must ETF companies match an investor's amount invested in an ETF? ### Answer: Does the bolded sentence apply for ETFs and ETF companies? No, the value of an ETF is determined by an exchange and thus t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Figuring flood insurance into financing cost ### Answer: We recently had a sump pump fail during a rainy weekend. Never had more than an inch or so of water on the floor. Total cost to remove the wat...
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: When you pay interest on a loan used to fund a legitimate investment or business activity, that interest becomes an expense that you can dedu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I open a Bank Account in Canadian dollars in the US? ### Answer: Give Harris Bank a call; they might be able to help you As of August 21, 2015, Harris bank does NOT offer Canadian dollar acc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How's the graph of after/pre markets be drawn? ### Answer: the data source is the same as the live market trading. pre and after market trading are active markets and there are actual buyers and selle...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Taxable Website Ad Revenue ### Answer: I'm not a tax advisor, but I've done freelance work, so... If any of your side-business revenue is reported on a 1099, you're now a business owner, which is why ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Online tool to connect to my bank account and tell me what I spend in different categories? ### Answer: I'm not convinced this is completely possible without additional data. I'm categorizing my purc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Credit report - Not able to establish identity ### Answer: The suggestion may be very delayed, have you personally gone to the Experian Office with all the documentation (in xerox copy and in original...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to help a financially self destructive person? ### Answer: Back in the day, they had a highly effective solution for this type of crap, but it is frowned upon in modern society. The second-best so...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I donate short-stock to charity? ### Answer: No. There is no asset associated with your short position, so there's nothing to gift. The short position in the stock is purely a liability. When you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Working Capital Definition ### Answer: As you say, if you delay paying your bills, your liabilities will increase. Like say your bills total $10,000 per month. If you normally pay after 30 days, then ...
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: SeekingAlpha has a section dedicated to Short ETFs as well as others. In there you will find SH,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Hedging against Exchange Rate Risk ### Answer: You can calculate your exposure intuitively, by calculating your 'fx sensitivity'. Take your total USD assets, let's assume $50k. Convert to EUR at the c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the “Short sale circuit breaker rule”? ### Answer: Summary: The phrase "short sale circuit breaker" rule normally refers to the SEC's recent adoption of a new version of the uptick rule. The n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is most time-efficient way to track portfolio asset allocation? ### Answer: I found that an application already exists which does virtually everything I want to do with a reasonable interface. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who creates money? Central banks or commercial banks? ### Answer: Scenario 1 is typically the better description. If commercial banks were allowed to simply "create" money, they wouldn't be in the mes...