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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the average rate of return for some of the most mainstream index funds? ### Answer: This page from simplestockinvesting.com gives details of total returns for the S&P500 for each decade over th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are typical 401(k) plan fund choices so awful? ### Answer: The managers of the 401(k) have to make their money somewhere. Either they'll make it from the employer, or from the employees via the e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to make an investment in a single company's stock while remaining market-neutral? ### Answer: For the type of market neutrality you desire, free from crash risk, it's best to hedge the shares with...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Covered call when stock position is at a loss ### Answer: An expired option is a stand-alone event, sold at $X, with a bought at $0 on the expiration date. The way you phrased the question is ambiguo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do people tend to spend less when using cash than credit cards? ### Answer: I thought I'd see if the credit card companies had anything to say about this while trying to get merchants to sign up. I we...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will credit card payment from abroad be suspicious as taxable income? ### Answer: US bank deposits over $10K only need to be reported to FinCEN (Financial Crimes Enforcement Network- a bureau of the U...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Escrow Removal Fee? ### Answer: Consider that the bank of course makes money on the money in your escrow. It is nothing but a free loan you give the bank, and the official reasons why they want it are...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to resolve imbalances and orphan transactions in Gnucash? ### Answer: This started as a comment but then really go too long so I am posting an answer: @yarun, I am also using GnuCash just like you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Isn't an Initial Coin Offering (ICO) a surefire way to make tons of money? ### Answer: A sure-fire way to make money? Hell no. There are tonnes of scams and money grabs out there, not to mention the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: OTC Stocks - HUGE gains? ### Answer: Changing my answer based on clarification in comments. It appears that some of the securities you mentioned, including GEAPP, are traded on what is colloquially kn...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to rebalance a portfolio without moving money into losing investments ### Answer: A strategy of rebalancing assumes that the business cycle will continue, that all bull and bear markets end eventu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First Time Home Buyers - Down Payment, PMI and Points ### Answer: The question Why would refinancing my mortgage increase my PMI, even though rates are lower? contains a decent discussion of PMI. It's...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will a stop order get triggered if the floor is hit and trading is halted? ### Answer: During a circuit breaker, no trading occurs. These policies have been implemented to maintain exchange liquidity ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I find a list of all North American ETF's including symbols? ### Answer: You can use www.etfdb.com and search on geography. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a custodian refuse prior-year IRA/HSA deposit postmarked April 15? ### Answer: I had a situation like this also. A client deposited an IRA check to his local P.O. prior to collection p/up, thinkin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who can truly afford luxury cars? ### Answer: Each of us makes our own way in life, making choices based upon or own needs and desires. Some of us choose to live simple lives, others choose more compl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using Marine Traffic (AIS) to make stock picks? ### Answer: Since you seem determined to consider this, I'd like to break down for you why I believe it is an incredibly risky proposition: 1) In genera...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: The doctor didn't charge the health insurance in time, am I liable? ### Answer: That is your bill because the services were performed for you. You still can negotiate with the doctor however. Sugge...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a larger down payment make an offer stronger? ### Answer: First, let me say that you have to take everything your agent says with a grain of salt. Freakonomics had a great article that discussed ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to an options contract during an all stock acquisition? ### Answer: Depends on your contract, cash or shares delivered? If shares, then you get 5 BIG shares. Theres no longer any opti...
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: A very interesting topic, as I am moving to the US in a month. I realise this thread is old but its been helpful to me. My observations from my ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is giving my girlfriend money for her mortgage closing costs and down payment considered fraud? ### Answer: There are several areas of passive fraud by being unclear on what you are doing. When a cit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Next steps for (not me): a recently-divorced single mom, in California, with a 2yr-old ### Answer: She should call 211. This is exactly how they help. The 2-1-1 service is run by the United Way, a non...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: New company doesn't allow 401k deposits for 6 months, what to do with money I used to deposit? ### Answer: I would open a taxable account with the same custodian that manages your Roth IRA (e.g., Vang...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dividends - Why the push to reinvest? ### Answer: Three major advantages that I can think of (and some of these have been pointed out in comments): ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Expecting to move in five years; how to lock mortgage rates? ### Answer: Outside of broadly hedging interest rate risk as I mentioned in my other answer, there may be a way that you could do what you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to sell when your financial needs change, stocks or bonds? ### Answer: The answer may be a compromise... if your goal is to make bonds a larger part of your portfolio, sell both stocks and bonds ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How would I go about selling the stock of a privately held company? ### Answer: SecondMarket attempts to add liquidity to privately held companies. You may be able to find a buyer there, but this is s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Schwab wants to charge me interest on the money I received for selling TSLA short ### Answer: I agree with Mark. I was quite confuse about the short position at first but then I did a lot of learning...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Be a partner, CTO or just a freelancer? ### Answer: First, determine the workload he will expect. Will you have to quit your other work, either for time or for competition? How much of your current ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there such thing as a Checking account requiring pre-approval / white-list? ### Answer: I don't believe there is such a process. My observation (i.e. my opinion) is that banks will have a level of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you find reasonably priced, quality, long lasting clothing? ### Answer: Are specific brand recommendations allowed? I'm a big fan of Lands' End. They have good quality clothing at reasonable pr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I get interesting resources on Commodities? ### Answer: Here are some pretty big name news agencies which have a section dedicated to commodities: CNN Bloomberg Reuters ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any online personal finance software without online banking? ### Answer: Out Of The Dark OOTD is a budgeting and personal money management web app that does not require you to give out access...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I Purchase Health Insurance Through My S-Corp ### Answer: The answer seems to depend on where you live. Perhaps you already found this, but the summary from the IRS is: The insurance laws in s...
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: Having just purchased an upcoming Samsung phone using their 0% interest I can tell you that the justification is to give you credit. I h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to measure how the Australian dollar is faring independent of the US dollar ### Answer: To make it simple, just use gold as the main benchmark. Gold price never moves, FIAT currencies move around ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay a company who failed to collect VAT from me over 6 months ago? ### Answer: It looks like businesses selling services (like software downloads) from outside the EU to the UK have to regist...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is foreign stock considered more risky than local stock and why? ### Answer: The value of a foreign stock is subject to fluctuations in the foreign currency value; this is not the case for domestic st...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the “substantial difference” that might occur in the google shares? [duplicate] ### Answer: Presumably you're talking about the different share class introduced in the recent stock split, whic...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are daily rebalanced inverse/leveraged ETFs bad for long term investing? ### Answer: The problem with daily-rebalanced "inverse" or "leveraged" ETFs is that since they rebalance every day, you can...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Motley fool says you can make $15,978 more per year with Social Security. Is this for real? ### Answer: The purpose of this spammy Motley Fool video ad is to sell their paid newsletter products. Alth...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Setting a trailing stop loss at $39.70 bid price, stock sold at $41 ### Answer: Is this due to the delay? Yes, but the delay is caused by your broker and its affiliates. Trailing Stop Order is not e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is good growth? ### Answer: The first issue is if the stock has returned 8% since you purchased it that could be either very good (8% in two days) or very bad (8% over 20 years). Even just measu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will there always be somebody selling/buying in every stock? ### Answer: If the stock has low liquidity, yes there could be times when there are no buyers or sellers at a specific price, so if you put...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: how does one start an investing club (as a company)? ### Answer: +1 for noting that you are in it for the long haul. I also think this is a great project and activity to do with friends. Setting up a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it preferable to move emergency savings/retirement into offset mortgage? ### Answer: Assuming no constraints on how much you can move (or how frequently) into and out of your offset mortgage accoun...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best strategy for after hours trading? ### Answer: First you will need a plan stating three main points: You will have to decide what criteria you will use to answer these points. You migh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it worth buying real estate just to safely invest money? ### Answer: No one has addressed the fact that your loan interest and property taxes are "deductible" on your taxes? So, for the first 2/3 ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I determine how much my car insurance will cost me? ### Answer: Insurance rates are based on statistics manipulated by experts in actuarial "science". Actuaries look at how many times differen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When do I pay taxes if I'm self employed? ### Answer: I strongly recommend that you talk to an accountant right away because you could save some money by making a tax payment by January 15, 2014. You ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have about 20 000 usd. How can invest them to do good in the world? ### Answer: In the UK, one quirky option in this area (OK, admittedly it's not a passive) is the "Battle Against Cancer Investment...
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: You're making the assumption that a person would be aware, in advance, that they'd have enough resources to pa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell my stocks when the stock hits a 52-week high in order to “Buy Low, Sell High”? ### Answer: You should sell all your stock immediately and reinvest the money in index funds. As of right n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I need to start a 529 plan for each child (2 separate plans), or can I just open one 529 plan and let both children use it? ### Answer: Create one account. You can change the beneficiary of the p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Live in Florida & work remote for a New York company. Do I owe NY state income tax? ### Answer: This question came up again (Living in Florida working remotely - NY employer withholds NYS taxes - Corr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Transferring money between two banks ### Answer: Why? Because they can get away with it, of course. In short - why not? You may want to read the answers to this similar question (my answer is the one ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Interaction between health exchange and under-65 Medicare coverage ### Answer: First off, you should contact your health plan administrator as soon as possible. Different plans may interact different...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the name of inverse of synergy? (finance) ### Answer: I'd probably call it an intangible or indirect benefit. Not sure what the trade term is. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much should I save up per trade? ### Answer: I'd answer it this way: What do you want to do? I'd say any amount is acceptable from as low as $100. When you look at the specific "tree" of investi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate years until financial independence? ### Answer: The definition I use for financial independence is 99% confidence that, at a specific estimated spending rate per year (allowing for es...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I lose more on Forex than I deposit? ### Answer: If you don't use leverage you can't lose more than you invested because you "play" with your own money. But even with leverage when you reach a cer...
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: This depends completely on your investing goals. Typically when saving for retirement younger investors aim for a mor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ballpark salary equivalent today of “healthcare benefits” in the US? ### Answer: Many answers here have given what look to be useful perspectives on your question. I want to point out an interesting ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is meant by the term “representative stock list” here? ### Answer: The meaning is quite literal - a representative stock list is a list of stocks that would reasonably be expected to have about t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: As an investing novice, what to do with my money? ### Answer: I'd keep the risk inside the well-funded retirement accounts. Outside those accounts, I'd save to have a proper emergency fund, not based ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I save money on a gym / fitness membership? New Year's Resolution is to get in shape - but on the cheap! ### Answer: If you're determined to save money, find ways to integrate exercise into yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Rules for SEP contributions in an LLC? ### Answer: From Schwab - What are the eligibility requirements for a business to establish a SEP-IRA? Almost any type of business is eligible to establish a SE...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying back a covered Call ### Answer: Your three options are: Options 2 and 3 are obviously identical (other than transaction costs), so if you want to keep the stock, go for option 1, otherwise, go ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is it possible that a preauth sticks to a credit card for 30 days, even though the goods have already been delivered? ### Answer: The answer to your question is very simple: The preauth and the sh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Price movement behaviour before earnings announcements ### Answer: In principle, the stock price should see no change in the days leading up to an earnings announcement, and then at the moment of the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a house, how much should my down payment be? ### Answer: How much should my down payment be? Ideally 20% of the purchase price because with 20% of the purchase price, you don't have to pay a co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are my best options if I don't have a lot of credit lines for housing loans? ### Answer: Rather than trying to indirectly game your credit score, I would instead shop around and see if there are ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Friend was brainwashed by MLM-/ponzi investment scam. What can I do? ### Answer: The one thing your friend needs to understand is for every dollar paid out, there is somebody paying that dollar in. T...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: operating income ### Answer: Judgement, settlement, insurance proceeds, etc etc. These would probably be recorded as a negative expense in the same category where the original expense was recorded. ##...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does it make sense to buy an index ETF (e.g. S&P 500) when the index is at an all-time high? ### Answer: Here is, from Yahoo Finance, the S&P 500 over the last ~60 years (logarithmic scale): The beha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Creating a Limited company while still fully employed ### Answer: I was just thinking ahead, can I apply for Limited company now, while fully time employed, and not take any business until I get a con...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Accidentally opened a year term CD account, then realized I need the money sooner. What to do? ### Answer: In my experience, the only penalty to breaking a CD is to lose a certain amount of accumulate...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any evidence that “growth”-style indexes and growth ETFs outperform their respective base indexes? ### Answer: You are correct that over a short term there is no guarantee that one index will...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't banks give access to all your transaction activity? ### Answer: A big issue for historical data in banking is that they don't/can't reside within a single system. Archives of typical bank wi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I deal with a spouse who compulsively spends? ### Answer: Based on the conversations in the comments, I believe a pragmatic solution would be the best immediate course of action, while still w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I profit on the Chinese Real-Estate Bubble? ### Answer: Create, market and perform seminars advising others how to get rich from the Chinese Real-Estate Bubble. Much more likely to be profitab...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Did an additional $32 billion necessarily get invested into Amazon.com stock on October 26th, 2017? ### Answer: No. The market cap has no relation to actual money that flowed anywhere, it is simple th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay off a 0% car loan? ### Answer: Here's my take: 1) Having a car loan and paying it on time helps build credit. Not as much as having credit cards (and keeping them paid or carrying balance...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is 401k as good as it sounds given the way it is taxed? ### Answer: Be sure to consider the difference between Roth 401K and standard 401K. The Roth 401K is taxed as income then put into your account....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why buy insurance? ### Answer: Apart from legal requirements to have insurance, e.g. 3rd party car that other answers have covered well. We can think of all insurance as protecting our “usable” income...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there an advantage to keeping a liquid emergency fund if one also has an untapped line of credit? ### Answer: Stop trying to make money with your emergency fund. It's purpose is to sit there idly w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a bank need to accept deposits from private clients if it can just borrow from the Federal Reserve? ### Answer: Banks cannot just borrow from the Federal Reserve and use that money to make l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using Loan to Invest - Paying Monthly Installments by Selling Originally Bought Shares ### Answer: In addition to the answer from CQM, let me answer your 'am I missing anything?' question. Then I'll t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do auto-loan payments factor into taxes for cars that are solely used by dependent(s)? ### Answer: I don't see how allowing usage of your vehicle is less support than giving money to buy their own...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I use a credit repair agency? ### Answer: So you are in IT, that is great news because you can earn a fabulous income. The part time is not great, but you can use this to your advantage. You ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What factors should I consider when evaluating index funds? ### Answer: The idea of an index is that it is representative of the market (or a specific market segment) as a whole, so it will move as th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can an International student of F1 VISA accept money in her US bank account on behalf of someone else? ### Answer: There might be a problem. Some reporting paperwork will have to be done for the IRS, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What exactly is a “derivative”? ### Answer: A derivative in finance is simply any asset whose value is based on the value of another asset or based on the value of a group of assets. A derivative cont...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do rental car agencies sell their cars at a time when it is risky for the purchaser? ### Answer: I've been told by staff in my local car hire agency that they get such big discounts that they actually...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How could the 14th amendment relate to the US gov't debt ceiling crisis? ### Answer: Section Four of the amendment reads: The validity of the public debt of the United States, authorized by law, inclu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stocks: do Good Till Cancelled orders get executed during after hours? ### Answer: When I place an order with Scottrade I also have to specify if I am wanting to trade outside of normal hours. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Asset classes: Is a Guaranteed Investment Certificate (GIC) considered a bond? ### Answer: Instead of "stocks" I would refer to that asset class as "equity." Instead of bonds, I would refer to that a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where to start with personal finance? ### Answer: I've recommended this book a few times on this site, and I'm going to do it again. Get a Financial Life: Personal Finance in Your Twenties and Thirtie...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First job: Renting vs get my parents to buy me a house ### Answer: As everyone is saying, this depends on a lot of variables. However... I had my dad help me with the downpayment on my house. In my ca...