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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I exclude bonds from our retirement investment portfolio if our time horizon is still long enough? ### Answer: Having cash and bonds in your portfolio isn't just about balancing out the risk an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I use my Roth IRA to start a business? ### Answer: Read the Forbes article titled IRA Adventures. While it's not the detailed regulations you certainly need, the article gives some great detail an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to reduce mortgage rate with low income but high assets ### Answer: The bit I don't quite understand is why you are thinking about staying in debt in the first place - you're basically thinking ab...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate ownership for property with a partner ### Answer: I can't quite follow your question, so I'm proceeding under the following assumptions: - You paid £31,000 - Your partner paid £4,242 ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why might it be advisable to keep student debt vs. paying it off quickly? ### Answer: There are a great number of financial obligations that should be considered more urgent than student loan debt. I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I make money in the stock market from other people losing money? ### Answer: Because I feel the answers given do not wholely represent the answer you are expecting, I'd like to re-iterate but inclu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's a good free checking account? ### Answer: Online banks are the future. As long as you don't need a clerk to talk to (and why would you need?) there's nothing you can't do with an online bank th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: PayPal wants me to “add a bank account”, another funding source. Credit card isn't working. Why? ### Answer: It's possible the recipient of the payment is not setup to receive funds form PayPal from a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I buy a house with a friend? ### Answer: No. This amount of money is not appropriate for friends to go in on. Although you could consider buying a house with a business partner, have the contr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a online only bank protect itself against fraud? ### Answer: I don't see why an online-only bank would need to do anything more against fraud than a bank that also has brick-and-mortars. In t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What could a malicious party potentially achieve by having *just* a name, account number, and sort code? ### Answer: I think the answer to this must differ from country to country. I have lived in se...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is compounding interest on investments a myth? ### Answer: This post may be old anyhow here's my 2 cents. Real world...no. Compounding is overstated. I have 3 mutual funds, basically index funds, you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does conversion of Secured Convertible Notes work? ### Answer: Let's assume that the bonds have a par value of $1,000. If conversion happens, then one bond would be converted into 500 shares. Th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are the guaranteed returns of regulated utilities really what they sound like? ### Answer: Typically a private company is hit by demand supply issues and cost of inputs. In effect at times the cost of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What will happen when a bid price is higher than an ask price? ### Answer: It depends on the sequence in which the order [bid and ask] were placed. Please read the below question to understand how the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Understanding how this interpretation of kelly criterion helps the trader ### Answer: I don't know too much about the kelly criterion, but going by the other answers it sounds like it could be quite r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Currently a Microsoft Money user on PC, need a replacement suitable for Mac ### Answer: I switched from Quicken for Mac to Moneydance, and have not regretted it. I see only one weakness in MD compar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Net loss not distributed by mutual funds to their shareholders? ### Answer: I'll try to answer using your original example. First, let me restate your assumptions, slightly modified: The mutual fund ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What name is given to a value such as this? ### Answer: This is called "change" or "movement" - the change (in points or percentage) from the last closing value. You can read more about the ticker tap...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any chance for a layperson to gain from stock exchange? [duplicate] ### Answer: No. As long as you are sensible, an average person can make money on the stock market. A number of my investmen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Disputing Items to Improve Credit Report ### Answer: A few points: The reason your lender is asking you to be above 580 is because that is the magic number for an FHA loan where your down payment woul...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm currently unemployed and have been offered a contract position. Do I need to incorporate myself? How do I do it? ### Answer: I am co-owner of a business, and we incorporated federally. (Mostly to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I determine if a FHA loan refinance offer is from a reputable lender ### Answer: Start with the list of mortgage companies approved to work in your area. There are 80 within 10 miles of my hou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: US Dollar Index: a) where are long term charts; also b) is it available on Google Finance by any chance? ### Answer: a) the quick answer to your correlation is quantitative easing. basically the cent...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is this investment opportunity problematic? ### Answer: As an investment opportunity: NO. As a friendly assist with money you don't mind ever getting back, legal depending on amount. A few years back ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it prudent to sell a stock on a 40% rise in 2 months ### Answer: Sell half. If it's as volatile as you say, sell it all and buy on another dip. No one can really offer targeted advice based on the ...
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: 3-5 years is long enough of a timeframe that I'd certainly invest it, assuming you have enough (which $10k is). Even conservatively you c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying insurance (extended warranty or guarantee) on everyday goods / appliances? ### Answer: On most of the consumer electronics it would not make much sense to get Insurance. Mostly these are not pr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Entering the stock market in a poor economy ### Answer: Wow I love some of these answers. Remember why you are investing in the first place. For me I like Dividend stocks and Dividend Capturing. Here...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there an online service that provides public company information through a public API? ### Answer: I don't know of any free API's for these data, but I'll provide what information I can. Compiling ...
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: What you have to remember is you are buying a piece of the company. Think of it in terms of buying a bu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why Are Credit Card Rates Increasing / Credit Limits Falling? ### Answer: Because people are going deeper into debt and filing for bankruptcy more often, there is more risk on behalf of the credit com...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I get free or discounted checks for my bank account? ### Answer: First, if you live in/around a reasonably populated urban area, and you're in the United States, I can't see why you would choo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much more than my mortgage should I charge for rent? ### Answer: first, let me reiterate what everyone else is saying about rental rates having nothing to do with your expenses. you should charge ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What investments work for these goals? ### Answer: If you will leave the money invested for a good long while (years) then dividend paying stocks would be appropriate. There are many that pay yields o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does investing more money into stocks increase chances of profit? ### Answer: I think you are mixing up the likelihood of making a profit with the amount of profit. The likelyhood of profit will be th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best way to buy Japanese yen for travel? ### Answer: Check whether you're being charged a "Cash advance" fee with your withdrawals, because it's being withdrawn from your credit card account. If that'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I made an investment with a company that contacted me, was it safe? ### Answer: You can contact the french agency for stock regulation and ask them : http://www.amf-france.org/ ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Quandl financial data : unexpected dividend ### Answer: For MCD, the 47¢ is a regular dividend on preferred stock (see SEC filing here). Common stock holders are not eligible for this amount, so you n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a trade happen “in between” the bid and ask price? ### Answer: As far as i understand the big companies on the stock markets have automated processes that sit VERY close to the stock feeds and con...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax implications of diversification ### Answer: (All for US.) Yes you (will) have a realized long-term capital gain, which is taxable. Long-term gains (including those distributed by a mutual fund or ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Question on buying selling and buying again ### Answer: Firstly 795 is not even. Secondly - generally you would pay tax on the sale of the 122 shares, whether you buy them back or not, even one minute...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I invest my $100? ### Answer: What is your investing goal? And what do you mean by investing? Do you necessarily mean investing in the stock market or are you just looking to grow your money? ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy or sell futures contracts ### Answer: Futures contracts are a member of a larger class of financial assets called derivatives. Derivatives are called such because their payoffs depend on the price...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you sell on the settlement date? ### Answer: Yes, on the settlement the stock is yours to sell with no risk of freeride or day trading applying. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How would I use Google Finance to find financial data about LinkedIn & its stock? ### Answer: Remember that "earned" means "earned in profit." A company like LinkedIn may not be trying to earn any pro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why exercise ISO/QSO early? ### Answer: You are thinking about it this way: "The longer I wait to exericse, the more knowledge and information I'll have, thus the more confidence I can have that I'll ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't more people run up their credit cards and skip the country? ### Answer: Because most people aren't willing to sacrifice their ability to live in the US for 100k. Remember that you can't pull...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Starting an investment portfolio with Rs 5,000/- ### Answer: I don't think it makes sense to invest in an FD since. 1.) A 30 day FD is not very likely to give you 8-9% 2.) Inflation is so high in Indi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Comprehensive tutorial on double-entry personal finance? ### Answer: I found this book to be pretty decent: It is a workbook, and full of little exercises. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I use put extra money toward paying off my student loans or investing in an index fund? ### Answer: First, I'd like to congratulate you on your financial discipline in paying off your loans and...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I stockpile nickels? ### Answer: Probably a big fat NO. Update re this edit: NOTE: I'm not suggesting that I melt the coins. I'm just suggesting that I hold onto the nickels and sell them later...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is the breakdown of a loan repayment into principal and interest of any importance? ### Answer: The other answers have touched on amortization, early payment, computation of interest, etc, which a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are investor's preference for dividends justified? ### Answer: Stocks aren't just paper -- they're ownership of a company. Getting cash from a stock that doesn't pay dividends basically means reducin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I just made $50K from selling my house. How should I invest the proceeds? ### Answer: I know an answer has been accepted, but you need an emergency fund, ideally enough to cover at least 3 months of a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I was given a 1099-misc instead of a w-2 what are my next steps? ### Answer: I agree that you should have received both a 1099 and a W2 from your employer. They may be reluctant to do that because som...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some good books for learning stocks, bonds, derivatives e.t.c for beginner with a math background? ### Answer: Not perhaps practically useful, but I found it conceptually useful to learn the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I always pay my credit at the last day possible to maximize my savings interest? ### Answer: If you have the ability to pay online with a guaranteed date for the transaction, go for it. My bank...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: operating income ### Answer: Sedar is I guess the Canadian equivalent of EDGAR. You can find the company's filings there. Here's a picture from their filings. Can't post the link, if you go and find ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the difference, if any, between stock appreciation and compound interest? ### Answer: If you mean, If I invest, say, $1000 in a stock that is growing at 5% per year, versus investing $1000 in a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the advantages of diversifying my portfolio? ### Answer: Many people think of investing as just allocating capital and keeping track of their investment in the stock market. While that is imp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How long should I keep my tax documents, and why? ### Answer: Unfortunately, my taxes tend to be complicated This. In and of itself, is a greater reason to keep the documents. The other answer offered...
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: I haven't seen anyone mention tax considerations and that's why I'm answering this. The rest of my answer is pr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does the share price tend to fall if a company's profits decrease, yet remain positive? ### Answer: In a rational market, the market caps (total value of all shares of the company) should be deter...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I estimate the value of private stock behind employee stock options? ### Answer: It is difficult to value a private company. Most of the valuations is based on how one feels the idea would tra...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a credit card company raise my rates for making a large payment? ### Answer: No. That's pretty unlikely. Card issuers typically base your rate on your credit score. Paying down debt reduces your p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: A merchant requests that checks be made out to “Cash”. Should I be suspicious? ### Answer: There are benefits associated with a cash only business (the link states a few). However checks made out to "...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First time homeowner and getting a mortgage? ### Answer: If you have good credit, you already know the rate -- the bank has it posted in the window. If you don't have good credit, tell the loan office...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is a stock's trade size history publicly available? ### Answer: That is called a 'volume chart'. There are many interactive charts available for the purpose. Here is clear example. (just for demonstr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: New 1099 employee with Cobra insurance ### Answer: For the first four months of the year, when you were an employee, the health insurance premiums were paid for with pre-tax money. When you receive y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a market maker sell (buy) at a bid or ask price? ### Answer: The everyday investor buys at the ask and sells at the bid but the market maker does the opposite This is misleading; it has nothing t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to read a chart after a split? ### Answer: The share price on its own has little relevance without looking at variations. In your case, if the stock went from 2.80 to 0.33, you should care only ab...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Savings account with fixed interest or not? ### Answer: As observed above, 1.5% for 3 years is not attractive, and since due to the risk profile the stock market also needs to be excluded, there seems...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I invest my $100? ### Answer: Yes, it is. Got to start somewhere. Typically directly through a company itself. Check out this site that lists a bunch of them and their minimum requirements. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Higher returns from international markets? ### Answer: Here's the 2009-2014 return of the S&P 500 (SPY) vs. Vanguard FTSE ex-US (VEU) (higher returns bolded) Another argument for them is their low cor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can one find intraday prices for mutual funds? ### Answer: This idea does not make sense for most mutual funds. The net asset value, or NAV, is the current market value of a fund's holdings, min...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In Canada, how much money can I gift a friend or family member without them being taxed on it? ### Answer: If the person gifting the property owed any debt to Canada Revenue Agency on the date of gift...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why invest in IRA while a low-cost index fund is much simpler? ### Answer: Here are the few scenarios that may be worth noting in terms of using different types of accounts: Traditional IRA. In this c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Restricted Stock Grants - How to prepare tax return when you sell to cover taxes ### Answer: You don't. When you sell them - your cost basis would be the price of the stock at which you sold the stock...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate the price of a bond based with a yield to Maturity, term and annual interest? ### Answer: Like all financial investments, the value of a bond is the present value of expected future c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I improve my credit score if I am not paying bills or rent? ### Answer: For those who are looking to improve credit for the sake of being able to obtain future credit on better terms, I think ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the meaning of realization in finance? ### Answer: Realization is, literally, when something is made real. For example, let's say that you own some stock. You bought the stock for $1000, and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why call option price increases with higher volatility ### Answer: Let's say a stock trades at $100 right now, and you can buy a $100 call option. When you buy the call option (and the money you paid ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When to trade in a relatively new car for maximum value ### Answer: I don't disagree with the current answers, but I feel like no one really answered your question directly. Seems to me like what you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to realize capital gains before going from non-resident alien to resident alien in USA ### Answer: This will work as intended, but there's another point to consider. In the US, the tax rate on pro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you have a positive return with a balance below cost basis? ### Answer: Have you owned the stock for longer than 2015? The stock appears to have grown in value since December 2014 from 72.85 to 7...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What considerations are there for making investments on behalf of a friend? ### Answer: Pool their money into my own brokerage account and simply split the gains/losses proportional to the amount of m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't house prices be out of tune with salaries ### Answer: There's a few things going on here. If we fixed rates (and terms) over time we'd expect a pretty tight chart of home prices to income, a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Digital envelope system: a modern take ### Answer: Envudu (envudu.com) looks very promising, and I think what they are planning to put out will do essentially everything you want. It's a single prepai...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I finance a new home theater at 0% even though I have the cash for it? ### Answer: I have abused 0% interest programs time and time again, but only because my wife and I are assiduous about pay...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I track 401k rollovers in Quicken? ### Answer: When I did this I sold the stock out of my 401k account. Then transferred the cash to my rollover IRA account. No tax event was created for me. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to make a decision for used vs new car if I want to keep the car long term? ### Answer: This is my opinion as a car nut. It depends on what you want out of a car. For your situation (paying cash, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Good/Bad idea to have an ETF that encompasses another ### Answer: Let's simplify things by assuming you only own 2 stocks. By owning VOO and VTI, you're overweight on large- and mid-cap stocks relativ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to check the paypal's current exchange rate? ### Answer: PayPal does charge a premium, both for sending and receiving. Here's how you find their rates: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will a credit card issuer cancel an account if it never incurs interest? ### Answer: While technically true, a card issuer can cancel your card for almost any reason they want, it's highly unlikely th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: looking for research tool to plug in and evaluate theoretical historical returns ### Answer: The professional financial advisors do have tools which will take a general description of a portfolio and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the ins/outs of writing-off part of one's rent for working at home? ### Answer: Before starting to do this, make sure that you are squeaky clean in all aspects of your tax preparation and are...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Homeowners: How can you protect yourself from a financial worst-case scenario? ### Answer: Honestly, the best way to manage this risk is to manage your savings appropriately. Many experts recommend th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would you ever turn down a raise in salary? ### Answer: I recently was offered $1/hr raise. I turned it down because 1.)I had been looking for other jobs and the extra $150 per month wasn't enough...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is keeping old credit cards and opening new credit cards with high limits and never using an ideal way to boost credit scores? ### Answer: I disagree with the reply. Your both impressions are correc...