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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Capital gains tax: Retirement vehicle (IRA, 401k) vs. anything else? ### Answer: Ben Miller's answer is very thorough, and I up voted it. I believe that the ability to rebalance without tax implicatio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Capital improvement and depreciation in restaurant LLC ### Answer: First, you should probably have a proper consultation with a licensed tax adviser (EA/CPA licensed in your State). In fact you should...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Offshore bank account with online International wire-transfer facility for Indians ### Answer: India does allow Resident Indians to open USD accounts. Most leading National and Private Banks offer thi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I calculate tax liability on the turnover of a small vendor? ### Answer: There are quite a few questions as to how you are recording your income and expenses. If you are running the bakery as...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Perform exercise-and-hold AND exercise-and-sell-to-cover? ### Answer: The simplest thing to do here is to speak to your employer about what is allowed. This should be spelt out in your company's "Sto...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can vet / veterinary bills be considered deductions (tax-deductible) for Income Tax purposes [Canada]? ### Answer: No. Medical bills for yourself or your human companions may be: Canada Revenue Seeing...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Retirement planning 401(k), IRA, pension, student loans ### Answer: You asked specifically about the ROTH IRA option and stated you want to get the most bang for your buck in retirement. While others...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a good book that talks about all the type of products to invest? ### Answer: There is no magical book that talks about the thousands of investment instrument types that are available ranging ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Risk of buying stock ### Answer: I'd recommend investing in a mutual fund that diversifies your purchase across a number of stocks (and bonds, depending on the fund). Vanguard has some of the lowest f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a way to monitor when executives or leaders in a company sell off large holdings? ### Answer: Exec Insiders have to file with the SEC and some sites like secform4.com track it. But many insid...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can it be a bad idea to buy stocks after hours? ### Answer: Unless you want to be a short term day trader, then it is not foolish to be an end of day trader. If you are looking to be a medium to l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Vanguard Mutual Funds — Diversification vs Share Class ### Answer: In general, I'd try to keep things as simple as possible. If your plan is to have a three-fund portfolio (like Total Market, Total In...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is “beta” for an investment or a portfolio, and how do I use it? ### Answer: Beta is an indication of a Stock's risk with respect to the market. For instance if a stock had a beta of 1 it means ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where I can find the exact time when a certain company's stock will be available in the secondary market? ### Answer: Very often, the word secondary market is used synonymously with the stock market a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: ESPP advantages and disadvantages ### Answer: Advantage: more money. The financial tradeoff is usually to your benefit: Given these, for having your money locked up for the average length of the vest...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do credit checks affect credit scores? ### Answer: I've seen my score dip a little bit after every hard pull. (Admittedly, a fako score.) You apply for credit or for a credit increase and your score...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options vs Stocks which is more profitable ### Answer: More perspective on whether buying the stock ("going long") or options are better. My other answer gave tantalizing results for the option route,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to acquire assets without buying them? ### Answer: There are a number of ways someone acquires assets without buying it. People could have inherited assets. They could have been gifted assets. The...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is the stock market price for a share always higher than the earnings per share? ### Answer: When you buy a stock, you're really paying for a STREAM of earnings, from now till whenever. The job of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it bad etiquette to use a credit or debit card to pay for single figure amounts at the POS ### Answer: Etiquette doesn't really come into the picture here. The business offers a service and I choos...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pension or Property: Should I invest in more properties, or in a pension? ### Answer: Diversification is one aspect to this question, and Dr Fred touches on its relationship to risk. Another aspect i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any experience with maxing out 401(k)? ### Answer: Everybody else has given great answers on what to do, but I just want to add some encouragement. Keep saving. Learn to live within your means while ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to think of two at the money call options with different strike prices and premiums? ### Answer: Your scenario depicts 2 "in the money" options, not "at the money". The former is when the share p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 22-year-old inherited 30k from 529 payout - what is the best way to invest? ### Answer: Also, my wealth manager doesn't like to discuss my money with me. To some extent, I understand this because fina...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do options always expire on third Friday of every month ### Answer: Prior to 2005, the only SPY options that existed were the monthly ones that expire on the third Friday of every month. But in 2005,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the proper way to report additional income for taxes (specifically, Android development)? ### Answer: I think it depends on who is being paid for your app. Do you have a company the is being ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy the open and set a 1% limit sell order ### Answer: One should also point out that you make a major assumption in that the high of the day doesn't occur on a gap up in morning trading. It's unlikel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a good forum where I can discuss individual US stocks? ### Answer: If it's an active stock, the Yahoo message boards are inhabited by some clueful people. But the signal-to-noise ratio is rel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What emergencies could justify a highly liquid emergency fund? ### Answer: Having a highly liquid emergency fund can lubricate the wheels for disaster recovery. For example, several years ago I retur...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does order matching happen in stock exchanges? ### Answer: But how does the quantity matching happen? For example, if I want to buy 1000 shares at $100, but there is only one seller to sell 10 sha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to prevent myself from buying things I don't want ### Answer: Remember where they said "Life, liberty and the pursuit of happiness? That is the essence of this problem. You have freedom includin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the smartest thing to do in case of a stock market crash ### Answer: I would also be getting out of the stock market if I noticed prices starting to fall and a crash possibly on the way. There...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Prepaid Rent (Accrual Based Accounting) ### Answer: Your account entries are generally correct, but do note that the last transaction is a mixture of the balance sheet and income statement. If Quickb...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does GST on PayPal payments work for Australian Taxation? ### Answer: TL;DR - my understanding of the rules is that if you are required to register for GST (earning more than $75k per annum), you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it better to buy a computer on my credit card, or on credit from the computer store? ### Answer: The downside of the store card is that the "deal" for using the card is typically 6-12 months of "no...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have around 60K $. Thinking about investing in Oil, how to proceed? ### Answer: This is only a partial answer to your question #1. If you have a conservative approach to savings (and, actually, even...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Formula for estimating amount needed to become full-time stock market investor ### Answer: You can't get there from here. This isn't the right data. Consider the following five-year history: 2%, 16...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a rule that a merchant must identify themself when making a charge ### Answer: In some case the customer wants the name to be cryptic or misleading. They don't want to advertise the true natu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculating Pre-Money Valuation for Startup ### Answer: Since you have no sales, I'd likely question how well could you determine the value of the company's assets in a reasonable fashion. You may be ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the catch with biweekly mortgage payments? ### Answer: I'll preface this with saying that I'm not a finance or real estate professional, this is just how I understand the situation and what I'm...
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: Neither you nor others have mentioned the costs of being a homeowner. First, there are monetary costs. If you own a house, you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it a good idea to put everything in the S&P500? ### Answer: At a very high-level, the answer is yes, that's a good idea. For money that you want to invest on the scale of decades, putting money int...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it in a company’s interest to have high stock prices? [duplicate] ### Answer: After the initial public offering, the company can raise money by selling more stock (equity financing) or selling ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ensuring payment from client ### Answer: Use some form of escrow agent: Some freelancer sites provide payment escrow services (e.g. E-Lance). In this system the client puts money in escrow for the pro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Looking at Options Liquidity: what makes some stocks so attractive for options traders? ### Answer: Option liquidity and underlying liquidity tend to go hand in hand. According to regulation, what kin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I make a small investment in the stock market? What is the minimum investment required? ### Answer: Many brokers offer a selection of ETFs with no transaction costs. TD Ameritrade and Schwab bo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I “hedge” my IRA portfolio with a life cycle / target date mutual fund? ### Answer: First of all, it's great you're now taking full advantage of your employer match – i.e. free money. Next, on ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is day trading considered riskier than long-term trading? ### Answer: Day trading is probably the most often tried and failed activity in the financial world. People think they can parlay $1,000 i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First time investor and online brokerage accounts ### Answer: First, let me say that $1000 is not that much of amount to invest in stocks. You need to remember that each transaction (buy/sell) has fee...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do index funds actually work? ### Answer: Now company A has been doing ok for couple of weeks, but then due to some factors in that company its stock has been tanking heavily and doesn't appear to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do with $4,000 cash and High Interest Debt? ### Answer: If it were me, I would pay off the 23%er. That is as long as you don't borrow anymore. Please consider "your hair on fire" and g...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I make $250,000.00 from trading/investing/business within 5 years? ### Answer: The answer to your question is Forex trading. You can get to 250K quicker than any other "investment" scheme. Y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I take contributions out of my Roth IRA to live off of? ### Answer: That's up to you, but I wouldn't play around with my retirement money if I was in your situation. Your earning potential duri...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Companies that use their cash to buy back stock, issue dividends, etc. — how does this this typically affect share price? ### Answer: So far buying of own by own companies like Apple, is concerned it ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the tax implications of investing in a 529 plan? ### Answer: Withdrawals from a 529 plan are exempt from federal and state income taxes, provided the money is used for qualified educational e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Analyze stock value ### Answer: It seems like you want to compare the company's values not necessarily the stock price. Why not get the total outstanding shares and the stock price, generate the mark...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stock dividends effect on dividend received by shareholder ### Answer: Dividend rate is "dividend per share" over a specified time period, usually a year. So in the first example, if the company paid ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it really possible to get rich in only a few years by investing? ### Answer: You are probably right that using a traditional buy and hold strategy on common equities or funds is very unlikely to ge...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Treatment of web domain ownership & reselling for tax purposes: Capital asset, or not? ### Answer: I must say that this is a question that you should hire a professional tax adviser (EA/CPA licensed i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ordering From UK to Base Overseas - VAT exempt? ### Answer: If you are an UK citizen and resident, then no. If you are an EU resident or non-EU resident then yes, but there are conditions. Source You ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How bad is it to have a lot of credit available but not used? ### Answer: While @BrianRogers makes some good points, there are a few things you need to consider from the FICO perspective that I want t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the Chrysler extended warranty coverage worth it? ### Answer: I haven't looked at that warranty in detail, but generally speaking this should help. What is GAP insurance? In the case of a total los...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First time home buyer. How to negotiate price? ### Answer: Advice from a long-time flipper You negotiate price based on four factors and none of these are set in stone: How much you love the house. I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I get a tax deduction for PMI? ### Answer: No. And I'll let my good friend and fellow blogger Kay Bell answer in some detail, in her article Deducting private mortgage insurance. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do gas stations charge different amounts in the same local area? ### Answer: This is known as "Zone Pricing" or "Geographical Pricing". http://articles.latimes.com/2005/jun/19/business/fi-calprice...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Anonymous CC: Does “Entropay” really not hand my personal data over to a company - are there alternatives? ### Answer: Do you guys know any options that are accessible to any global citizen? Prepaid a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why UK bank charges are not taken account when looking on interest for taxation? ### Answer: When I left the UK four years ago, free banking is still an option and I'm pretty sure it still is. Theref...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Carry-forward of individual losses, with late-filed past taxes [US] ### Answer: The 2012 return was due 4/15/2013 (I'm assuming it didn't fall on a weekend). No late filing penalty if there was no tax...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do shareholders participate in shorting stocks? ### Answer: In short (pun intended), the shareholder lending the shares does not believe that the shares will fall, even though the potential invest...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How smart is it to really be 100% debt free? ### Answer: 100% debt free is an objective. Being there is good, but as long as you have a plan to get there, are sticking to it and it's moving you toward...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why buy bonds in a no-arbitrage market? ### Answer: Rates are a complex field. I will assume that context wise you are talking about rates for a individual saver quantities. The two rates you are aski...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I open a credit card when I turn 18 just to start a credit score? ### Answer: I want to recommend an exercise: Find all the people nearby who you can talk to in less than 24 hours about credit ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't you just have someone invest for you and split the profits (and losses) with him? ### Answer: Such an offer has negative value, so it's hard to see how it would make sense to accept it. The ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I get bill collectors who call about people I know to stop calling me? ### Answer: http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre27.pdf if you are in the US Look at section 805 and 805 abo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the psychology behind the Dead Cat Bounce Pattern and how can it be traded? ### Answer: You are correct, a possible Dead Cat Bounce is forming on the stock markets. If it does form it will mea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do rich people guarantee the safety of their money, when savings exceed the FDIC limit? ### Answer: Most people who have over $250,000 in liquid cash savings would not want to start putting their ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there lesser or no tax on assets? ### Answer: Tax Shield would be known as: A tax shield is a reduction in taxable income for an individual or corporation achieved through claiming allowable dedu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will a small investment in a company net a worthwhile gain? ### Answer: If the shares rise in value 50% over the next few years, you will have the same return that I would see if I bought 100 or 1000 ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Am I entitled to get a maintenance loan? ### Answer: According to GOV.UK, you can only apply for Student Finance if: Since you don't fulfill the criterion 2 and 3, you are technically not eligible for...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any other investing methods I should look into? ### Answer: To expand on mhoran's answer - Once you mention the 401(k), we're compelled to ask (a) what is the match, if any, and (b) what are...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Cost basis allocation question: GM bonds conversion to stock & warrants ### Answer: This is a bit complicated because of all the moving parts, but is a little simpler because the two warrants are now ...
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: How will 45K-60K "end up in your pocket"? Are you selling your home? Where are you going to live? You talk about moving to Arizona, what is so magic...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to divide a mortgage and living area fairly? ### Answer: I think what you have here is actually TWO agreements with your sister, and explicitly splitting it into two agreements will bring some cla...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can the Standard Deduction still apply to a Traditional IRA early withdrawal? ### Answer: IRA distributions are reported on line 15b on the standard form 1040. That is in the same Income section as m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do stock prices really go down by the amount of the dividend? ### Answer: It might be clearer to think of it as price going up when a dividend is expected, since that's money you'll get right back. As...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Given advice “buy term insurance and invest the rest”, how should one “invest the rest”? ### Answer: The simplest way is to invest in a few ETFs, depending on your tolerance for risk; assuming you're ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the BA Avios Visa airlines rewards card worth it? ### Answer: I am a proud member of the BA frequent fliers' club (Executive Club). Their service is superb. Their avios (aka miles) are quite useful...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Car finance (loan) insurance requirements (store car) ### Answer: Very generally speaking if you have a loan, in which something is used as collateral, the leader will likely require you to insure tha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a candlestick pattern that guarantees any kind of future profit? ### Answer: I did a historical analysis a few years back of all well-known candlestick patterns against my database of 5 years...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What forms (S-1, 8-K, etc) and keywords in news headlines signify dilution? ### Answer: Possibles: stock offering, secondary placement, increase authorized number of shares, shelf registration. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What caused this drop? ### Answer: I'm going to guess that you found this because of a stock screener. This company went through a 1:20 reverse split on June 30, so every 20 shares outstanding became...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: One of my stocks dropped 40% in 2 days, how should I mentally approach this? ### Answer: First: do you understand why it dropped? Was it overvalued before, or is this an overreaction to some piece of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shorting versus selling to hedge risk ### Answer: The point of short-selling as a separate instrument is that you can you do it when you can't sell the underlying asset... usually because you don't ac...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I improve my auto insurance score? ### Answer: Move to a small town in an insurance friendly state. - Certian states like Florida are considered high risk for doing business for insurance comp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: The Benefits/Disadvantages of using a credit card ### Answer: Credit cards have three important advantages. None of them are for day-to-day borrowing of money. Safety - Credit cards have better fraud ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which type of stock order would I use to sell a stock that hits a price or drops below it? ### Answer: A trailing stop will sell X shares at some percentage below the current market price. Putting in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are credit cards preferred in the US? ### Answer: There are two things I can think of that might be different in other countries: Until 2013, American Express, Visa and MasterCard prevented busine...
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: compulsive eating, and other compulsions, are also an issue If this is true, then this is not a money problem. This is a psychologica...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do people take out life insurance on their children? Should I take out a policy on my child? ### Answer: Why do people take out life insurance on their children? They do so largely because it's be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When to convert employee shares in an RRSP into cash, even if there is a penalty? ### Answer: The cost to you for selling is 3/8% of a years salary, this is what you won't get if you sell. Tough to ca...