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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investment for beginners in the United Kingdom ### Answer: Most investors should not be in individual stocks. The market, however you measure it, can rise, yet some stocks will fall for whatever reaso...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What do the suffixes on stock symbols indicate ### Answer: The suffix represents the stock exchange the stock is traded on. N represents the New York Stock Exchange and O represents the Nasdaq. Someti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: “Inflation actually causes people not to spend”… could it be true? ### Answer: We need to be careful what we are talking about here. Inflation on a economy-level scale at an expected rate will not cha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are historical prices of stocks different on different websites? Which one should I believe? ### Answer: On Monday, the 27th of June 2011, the XIV ETF underwent a 10:1 share split. The Yahoo Finan...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ways to save for child's college education where one need not commit to set contributions? [duplicate] ### Answer: 529 is good. Though, I would avoid other kinds of investments in kids names and or s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it better to buy U.S ADRs or stock in native stock exchange for a foreigner? ### Answer: It depends. An ADR might be exposed to a larger market (let's say American) with more volume and thus lower ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where do expense ratios show up on my statement? ### Answer: For Vanguard: Vanguard does compare its fees with similar funds from its competitors on this tab, but then again, this is Vanguard giving y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can zero-coupon bonds go down in price? ### Answer: Of course it can. This is a time value of money calculation. If I knew the maturity date, or current yield to maturity I'd be able to calculate the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there special exceptions to the rule that (US) capital gains taxes are owed only when the gain materializes? ### Answer: This is really an extended comment on the last paragraph of @BenMiller's an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Small withdrawals from IRA ### Answer: Yes, it really will hurt you to keep pulling your money from your IRA. Your best bet is to set up a payment plan with the IRS, and pay the taxes you owe now, as ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Connection between gambling and trading on stock/options/Forex markets ### Answer: I think that the answer by @jkuz is good. I'd add that the there's a mathematically precise difference: Gambling ga...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I keep most of my banking, credit, and investment accounts at the same bank? ### Answer: For personal accounts, I can't imagine that this is too much of a problem. The only concern that I can ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some good, easy to use personal finance software? [UK] ### Answer: I'm a big fan of Mint. I tried Wesabe prior to mint and at the time (about a year ago) it was lacking the integration of man...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I accept shares as payment? ### Answer: I like the answer given by mikeazo. If paid in cash would you immediately buy the stock of the company? We all want to be the next Steve Jobs (or Woz), b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: stock for a particular brand ### Answer: If you want to invest in the Windows Phone, then you go and find out who makes the Windows Phone i.e. Microsoft. Then you go and decide if Windows Phone is suc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best starting options to invest for retirement without a 401k ### Answer: Being from the UK, I'd not heard of a Roth IRA, but it sounds very similar to our own ISA (Individual Savings Account). Havin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How long does a bank's “Know Your Customer” (KYC) process typically take? ### Answer: The idea is to positively identify you with properly issued government ID. If you show up with your passport, visa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I get into investing in stocks? ### Answer: In addition to the advice already given (particularly getting rid of high-interest debt), I would add the following: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is an “International Equity”? ### Answer: Assuming you're in the United States, then International Equity is an equity from a different country. These stocks or stock funds (which reside in a fo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I refi a rental property to reduce income tax from positive cash flow and use the equity pulled out to fund an annuity? ### Answer: You need to do a bit more research and as @littleadv often wi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would the effects of an anticipated default by a nation be mostly symbolic? ### Answer: It will affect Greeks as any bankruptcy affects the bankrupt. They already started reducing their welfare polici...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Credit Card Points from Refund ### Answer: Because your friend isn't going to like the ~2% charge they have to pay to the credit card company on the $10,000 purchase. Credit card companies make money ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do dividend reinvestment purchases work? ### Answer: In order: A seller of the stock (duh!). You don't know who or why this stock was sold. It could be any reason, and is of no concern of yours. I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I purchase a whole life insurance policy? (I am close to retirement) ### Answer: There's nothing new about Whole Life Insurance. The agent stands to earn a pretty hefty commission if he can sel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the world - in aggregate - generate a non-zero return? ### Answer: It appears that you have bought into the Communist lie. Milton Friedman lats it all out so well. No transaction ever occurs...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would I buy a bond with a negative yield? ### Answer: Perhaps something else comes with the bond so it is a convertible security. Buffett's Negative-Interest Issues Sell Well from 2002 would be an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell a 2nd home, or rent it out? ### Answer: So here are some of the risks of renting a property: Plus the "normal" risk of losing your job, health, etc., but those are going to be bad whethe...
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: You can fairly simply make a spreadsheet in your favorite spreadsheet application (or in Google Docs if yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stocks and Bankruptcy ### Answer: As Mhoran said, the risks of buying a bankrupt company are huge, and even successful bankruptcy turnarounds don't involve keeping the same stock. For instance, the GM...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Archive Financial Records by Account or by Year ### Answer: The short answer is "it depends", mainly on the type of record and how old it is. Most retained records should be organized by year first, t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a house, Bank or rent to own? ### Answer: We have realized from our experience that rent to own is a scam. They want your money either way. We are at the buying part, and finding it difficult...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I buy a home or rent in my situation? ### Answer: You said 2 things that made me think you are one of the rare young couples barely making it but should attempt to buy rather than rent anyway.....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are cashiers required to check a credit card for a signature in the U.S.? ### Answer: It depends on the business. Some ask for ID and check against the signature (rare); some ask for ID but barely gla...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax Write-offs and knowing how much I need to spend before the end of the year ### Answer: (I'm assuming USA tax code as this is untagged) As the comments above suggest there is no "right" answer or e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: New car: buy with cash or 0% financing ### Answer: I'd finance the car (for 60 or 48 months), but stash enough money in a separate account so to guarantee the ability to pay it off in case of job loss...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you recommend some good websites/brokers for buying/selling stocks in India? ### Answer: Most of the Indian Brokers started offering API's to retail client these days. And NSE Exchange also suppor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it better to buy this used car from Craigslist or from a dealership? ### Answer: You seem to be on the right track. I feel, though, that it's worth addressing your maintenance budget. Even if bot...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which banks have cash-deposit machines in Germany? ### Answer: HypoVereinsbank (member of UniCredit group), a few savings banks ("Sparkasse") and VR Banks offer cash (bill) deposit machines. However,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are these really bond yields? ### Answer: Those are the "right" yields. They are historically (but not "nonsensically") low. Those yields are reflective of the sluggish U.S. and global economic activi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best way to pay off debt? ### Answer: The most tax efficient way to get some cash would be to sell some stocks from the Fidelity account that have the lowest capital gains. The tax will typically be 1...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should Emergency Funds be Used for Infrequent, but Likely, Expenses? ### Answer: This is probably a very opinion-based Q&A. But anyway: My solution to such questions is to have multiple layers of emer...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would I qualify for a USDA loan? ### Answer: If you even qualify for a no-down payment USDA loan, which I'm not sure you would. It would be extremely risky to take on a $250K house loan and have near-...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens when a calendar spread is assigned in a non-margin account? ### Answer: I would think that a lot of brokers would put the restriction suggested in @homer150mw in place or something more r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Did my salesman damage my credit? What can I do? ### Answer: You can sue them for damages. It would be hard to convince the court that the drop in the credit score was because of that loan, but not un...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are earning credit card rewards often tied to groceries and gas? ### Answer: There absolutely is a specific model that makes this so popular with so many credit card companies, and that model is "...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay off my student loan before buying a house? ### Answer: IMO student loans are junk debt that should be dealt with as soon as possible. Buying a house comes with risks and expenses (repair...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: United Kingdom: Where to save money for a property deposit ### Answer: Another option is the new 'innovative finance isa' that allow you to put a wrapper round peer to peer lending platform investment...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying & Selling Call Options ### Answer: If you sold bought a call option then as you stated sold it to someone else what you are doing is selling the call you bought. That leaves you with no positio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Currently sole owner of a property. My girlfriend is looking to move in with me and is offering to pay 'rent'. Am I at risk here? ### Answer: Disclaimer: I am a law student, not a lawyer, and don't cl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I owe taxes if my deductions are higher than my income? ### Answer: As a CPA I can say, without a doubt, you do not owe any federal income tax. However, assuming all of you income was from your bus...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Top 3 things to do before year end for your Stock Portfolio? ### Answer: Bonus: Contribute to (or start!) your IRA for 2010. This doesn't have to be done have to be done by the end of the year; you c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does it seem unnecessary to fully save for irregular periodic expenses? ### Answer: If you just had one expense once a year of $1200, you would put in $100 a month. The average balance is going to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is economic growth so important? ### Answer: There is an economic principle called "non-satiation," which translated into plain English means "people always want more." (This was best illustrated ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For very high-net worth individuals, does it make sense to not have insurance? ### Answer: Indeed, there is conservation of money. If the insurance companies have those big buildings and television c...
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: I suggest that you think in terms of "financial independence" rather than retirement. You do not need to retire in the stereotypical sen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Technical Analysis: the concepts of overbought / oversold don't make sense ### Answer: Investopedia's explanation of overbought: An asset that has experienced sharp upward movements over a very short ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to declare foreign gift of nearly $10,000 ### Answer: Actually banks aren't required to (and don't) report on 8300 because they already report $10k+ cash transactions to FinCEN as a Currency Trans...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I pay a zero % loan before another to clear both loans faster? ### Answer: This is more of an interesting question then it looks on first sight. In the USA there are some tax reliefs for mortgage p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculate how much interest I will pay given a creditcard balance and a monthly payment? ### Answer: At the end of each period, add the interest, in this case an easy 1%, and then subtract the payment...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to split stock earnings? ### Answer: If you have been a good steward of your friend's money this suggestion will not be too difficult. Pay your friend what his money would have earned in the S&P 5...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In a house with shared ownership, if one person moves out and the other assumes mortgage, how do we determine who owns what share in the end? ### Answer: The answer is "it depends". What does it depe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I set a stop loss for long term investments? ### Answer: The only time I've bothered with stop orders is when I think the position is in a particularly volatile state and there is an earnings r...
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: The opposite of an economic bubble is a bubble burst :p! Jokes aside though, an economic bubble occurs when the economy is in bull market mode and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I find a report of dividend earned in a FY? ### Answer: Log in to kotak securities demat account. THere, you can find statement of your sell purchase and dividend received. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to my savings if my country defaults or restructures its debt? ### Answer: In theory, anything can happen, and the world could end tomorrow. However, with a reasonably sane financial pla...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there such a thing as “stock insurance”? ### Answer: Not that I am aware. If you are trying to mitigate losses from stock purchases, you may want to consider stock mutual funds. This is why single...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I build wealth? ### Answer: You got some answers that essentially inform you that CEOs that have £200k written on their paysheet may in fact get much more. I'll take the opposite point of view ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why might a brokerage firm stop offering a particular ETF commission free? ### Answer: Forbes has an article investigating this. Here are the key parts: On line at the bottom of the list of funds ther...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What do people mean when they talk about the central bank providing “cheap money”? What are the implications for the stock market? ### Answer: Newspapers write a lot about the central bank stopping "c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the stock market a zero-sum game? ### Answer: Would you mind adding where that additional value comes from, if not from the losses of other investors? You asked this in a comment, but it seems to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to pay with cash when car shopping? ### Answer: You can pay with a cashiers check or personal check. You can even pay cash, or combine payment methods. However, in the USA if you give the dealersh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Further Understanding of Wash Sale Rules ### Answer: Once you own no shares for 31 days, it's game over. Even though the accounting has wash sales to consider, in the end, gains and losses all cancel ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are cashiers required to check a credit card for a signature in the U.S.? ### Answer: So my wife was at work today and got yelled at by both a cop and her managers for simply LOOKING at the card. I do...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculating profits on a covered call. What method do you use? ### Answer: at $8.50: total profit = $120.00 *basis of stock, not paid in cash, so not included in "total paid" at $8.50: total profit =...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to my stocks when broker goes bankrupt? ### Answer: If you are using a US broker, you are protected by SIPC up to $500,000. SIPC also oversees the liquidation of the broker itself, either...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stocks vs. High-yield Bonds: Risk-Reward, Taxes? ### Answer: When credit locks up, junk bond prices fall rapidly, and you see more defaults. The opportunity to make money with junk is to buy a diversi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My friend wants to put my name down for a house he's buying. What risks would I be taking? ### Answer: The risk is that you will owe the bank the principal amount of the mortgage. Based on your questi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investment strategy for 401k when rolling over soon ### Answer: The time horizon for your 401K/IRA is essentially the same, and it doesn't stop at the day you retire. On the day you do the rollover yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it unreasonable to double your investment year over year? ### Answer: One thing I like to do every once in a while is look at the day's market movers. It's a list of symbols that had huge movement....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Hypothetical: can taxes ever cause a net loss on otherwise-profitable stocks? ### Answer: This was the day traders dilemma. You can, on paper, make money doing such trades. But because you do not hold...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the spread on an orderbook affect shorting? ### Answer: A bid is an offer to buy something on an order book, so for example you may post an offer to buy one share, at $5. An ask is an offer t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros/Cons of Buying Discounted Company Stock ### Answer: Some other answers mention the ability to sell at grant. This is very important. If you have that ability, think about your guaranteed return. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who gets the periodic payments when an equity is sold on an repurchase agreement? ### Answer: Repurchase agreements are a way of financing a security position. You have a collateralized loan where you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I trust the Motley Fool? ### Answer: The Motley Fool is generally regarded as relatively legit, at least in that they're not likely to do anything outright fraudulent and they definitely have reas...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Merchant dispute with airline over changed itinerary ### Answer: Are you on Twitter? If so, the first thing I'd do is tweet this question to @Orbitz and/or @AmericanAir (AA). I'll edit it to be a bit ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Advice on what to do with my equity? ### Answer: What to do with your equity? Leave it alone... ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I find a good online fundamental data provider for Hong Kong stocks? ### Answer: Check out WorldCap.org. They provide fundamental data for Hong Kong stocks in combination with an iPad app. D...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In a competitive market, why is movie theater popcorn expensive? ### Answer: With all due respect to economics everywhere and the armchair economist. I think they overlook one very basic fact. The alt...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I buy or lease a car given that its not a super luxury car and I only drive 15 miles/d on avg? ### Answer: I usually recommend along these lines. If you are going to drive the same car for man...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Typical return for an IRA? How can I assess if my returns were decent? ### Answer: To me it looks pretty good (10% per year is a pretty good return). Lagging behind the indexes is normal, it is hard ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Requirements for filing business taxes? ### Answer: While she can certainly get an LLC or EIN, it isn't necessarily required or needed. She can file as a sole-proprietor on her (or your joint) taxes ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Understanding the Nasdaq insider trading information ### Answer: Their argument is mostly nonsense. Take someone like Tim Cook, CEO of Apple. He has a not very large salary, and makes a lot more money...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros/cons for buying gold vs. saving money in an interest-based account? ### Answer: As Michael McGowan says, just because gold has gone up lots recently does not mean it will continue to go up by the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there such a thing as a non-FDIC savings account, which earns better interest? ### Answer: Everyone would like a savings/checking account that has the same liquidity as others but pays multiple tim...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Borrow from 401k for down payment on rental property? ### Answer: Make sure you can really do what you plan on doing: Look at the maximum loan length and the maximum loan amount. From the IRS- retir...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to do when a job offer is made but with a salary less than what was asked for? ### Answer: If you take less than you think you are worth, you will hate that job with a purple passion in short ord...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I give to charity by check or credit card? ### Answer: This kind of questions keeps repeating itself on this site and the answer is generally it doesn't matter. As you said yourself, there are ...
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: Mutual funds generally make distributions once a year in December with the exact date (and the estimated amount) usually bei...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best way to invest money as a 22 year old? ### Answer: First off, monozok is right, at the end of the day, you should not accept what anyone says to do without your money - take their suggestions as d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Theoretically, if I bought more than 50% of a company's stocks, will I own the company? ### Answer: You guys seem to have forgotten the most important part of this equation ... i work for a bank and I...