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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can an immigrant get a mortgage in the us? ### Answer: There are two Questions: Financial institutions do not care about your nationality, only your ability to pay over time. For long term debt the le...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I build wealth? ### Answer: As others have stated, CEO's often make more than 200K, and when they do, they're compensated with stock options and other lucrative bonuses and deals that allow the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I see the detailed historical data for a specified stock? ### Answer: To see a chart with 1-minute data for a stock on a specific date: For example, here is the chart for TWTR on November 7,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Walking away from an FHA loan ### Answer: According to the Trulia reference on the issue, New York is a recourse state. Recourse means that the lender can go after you for the difference between the f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will I be liable for taxes if I work for my co. in India for 3 months while I am with my husband in UK ### Answer: For information about the UK situation, check the government website at http://www.h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Lost credit card replaced with new card and new numbers. Credit score affected? ### Answer: This will have no effect on your credit score. Even though your credit card account number is changing, it ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Need a formula to determine monthly payments received at time t if I'm reinvesting my returns ### Answer: With 10% return over three years, depositing $900 each month, in three years $34,039.30. Re. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using cash back rewards from business credit card ### Answer: A C-Corp is not a pass-through entity, any applicable taxes would be paid by the Corporation, which is a separate legal entity from yourse...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I file a change of address with the IRS? ### Answer: The most important thing to do when moving is to change your address with the post office. This will forward most mail for a year, and even ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to determine how much to charge your business for rent (in your house)? ### Answer: If you are talking about a home office, you don't "charge" the business anything. If the area is used exclusivel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a benefit, long term, to life insurance for a youngish, debt, and dependent free person? ### Answer: For most situations the "no need" answers are 100% correct. The corner case to think about...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it rational to pay out a dividend? ### Answer: Paying out dividends and financing new projects with debt also lessens the agency problem. The consequences of a failed project are greater when d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are the “debt reduction” company useful? ### Answer: From what I understand, they basically hold on to your money while you stop paying your debt. They keep it in an account and negotiate on your beh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I figure out how a stock's price would change after I buy shares? ### Answer: It is unlikely that buying 100 shares will have any effect on a stock's price, unless the stock's average trading ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't banks give access to all your transaction activity? ### Answer: One reason why they limit it is to protect you. If I hack your account, I get your entire financial history. I can see a copy ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do people invest in mutual fund rather than directly buying shares? ### Answer: There are several reasons. One, mutual funds provide instant diversification. To build a diverse portfolio "manuall...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the difference between Buy and Sell price on the stock exchange [duplicate] ### Answer: This is copying my own answer to another question, but this is definitely relevant for you: A bid is an o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I be aware of as a young investor? ### Answer: You can't get much better advice for a young investor than from Warren Buffet. And his advice for investors young and old, is "Put 10% of the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a “margin-call” and how are they enforced? ### Answer: If you don't have a margin account, then you will not have margin calls. You need a margin account if you wish to "buy on margin", to sel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the P/E ratio for a company with negative earnings? ### Answer: When presenting negative P/E values, most brokers and equity analysts show them as "n.m.", which stands for not meaningful. I ha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My previous and current employers both use Fidelity for 401(k). Does it make sense to rollover? ### Answer: I would check to see what the fee schedule is on your previous employer's 401k. Depending on...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any benefit to investing in an index fund? ### Answer: Why not figure out the % composition of the index and invest in the participating securities directly? This isn't really practical. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If a company's assets are worth more than its market cap, can one say the shares must be undervalued? ### Answer: Imagine a poorly run store in the middle of downtown Manhattan. It has been in the fam...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are auto leases stubbornly strict about visa status and how to work around that? ### Answer: In the U.S., most car dealers provide lease financing through one company (usually a subsidiary of the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best return on investment for new home purchase ### Answer: I encourage you to think of this home purchase decision as a chance to buy into a community that you want your children to grow up in. Try ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to reconcile performance with dividends? ### Answer: You didn't identify the fund but here is the most obvious way: Some of the stocks they owned could had dividends. Therefore they would have had...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you help me find an ETF Selection website that evaluates my ETF holdings? ### Answer: I used to use etfconnect before they went paid and started concentrating on closed end funds. These days my so...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying from an aggressive salesperson ### Answer: As described by the other answers, there are pretty harmless explanations for that behaviour. You could be slightly worried because he gave you except...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to make quarterly returns in hedge funds? ### Answer: Your edit indicates that you may not yet be ready to get heavily involved in investing. I say this because it seems you are not ver...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I buy shares of oil? I'm told it's done through ETFs. How's that related to oil prices per barrel? ### Answer: The papers you would need to buy are called 'futures', and they give you the righ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a 10 Year Treasury Note and How Can it be Used to Calculate the Intrinsic Value of a Stock? ### Answer: It's a form of debt issued by the United States Treasury. As the name implies, a 10-year...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are estimated taxes due “early” for the 2nd and 3rd quarters only? ### Answer: There are too many nuances to the question asked to explore fully but here are a few points to keep in mind. If you a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Index ETF or Index mutual fund - standard brokerage account ### Answer: The ETF is likely better in this case. The ETF will generally generate less capital gains taxes along the way. In order to pay ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stock stopped trading, what does this mean? ### Answer: It looks like JP Morgan can convert your holding to unsponsored ADRs until July.. In any event, you should not completely lose the equity. Volvo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any reason to keep IRAs separate? ### Answer: Once upon a time, money rolled over from a 401k or 403b plan into an IRA could not be rolled into another 401k or 403b unless the IRA account was properly...
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: If you know the market will crash, you could opt for going short. However, if you think this is too risky, not investing at...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: A calculator that takes into account portfolio rebalancing? ### Answer: Note that if 1) The stock prices are continuously differentiable (they aren't) 2) You rebalance continuously in the absence of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are car buying services worth it? ### Answer: Depends on how you value your time. These programs do not say they will get you the lowest basement price; they say you get a reasonable price without ne...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is everyone saying how desperately we need to save money “in this economy”? ### Answer: As you point out in your question your risk level is personal. If you really believe your job is stable the...
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: I think a labor management issue explains the high cost of popcorn. Some weeks theaters are loaded with patrons and other w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much share do the venture capitalists want if they invest in our website? ### Answer: I have worked with venture capitalists on a few different online based tools. There is no rule. I have seen ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What would a stock be worth if dividends did not exist? [duplicate] ### Answer: Unrealistic assumption, but I'll play along. Ultimately, dividends would exist because some innovative shareholder of so...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I pay someone else's property taxes, can I use it as a deduction on my income tax return? ### Answer: According to page 107 of the instructions for schedule A for form 1040 : Include taxes (state, ...
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 have a few recommendations/comments: The trick here is to make it clear to the deale...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Bonus issue - Increasing share capital ### Answer: Fully paid up Shares issued in which no more money is required to be paid to the company by shareholders on the value of the shares. When a company i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What percent of a company are you buying when you purchase stock? ### Answer: Your question has already been answered, you divide the amount of shares you own * 100% by the total amount of shares. How...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Making a big purchase over $2500. I have the money to cover it. Should I get a loan or just place it on credit? ### Answer: I would recommend putting it on a credit card, just not your current credit ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: On paper I have 1 share in my company. How can I sell a smaller percentage of my company to another party? ### Answer: Do a share split. Your initial 1 share each becomes 10 (or 100) shares each, th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does Implied Volatilty factor in all known future events? ### Answer: From every article I've encountered, the chicken and egg aspect suggests that IV is produced by looking at options pricing, and ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In India, what is the difference between Dividend and Growth mutual fund types? ### Answer: The difference between dividend and growth in mutual funds has to do with the types of stocks the mutual fun...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Getting over that financial unease? Budgeting advice ### Answer: Budgeting is a tool for planning, not for execution. It sounds like you don't have a problem BUDGETING (planning what to spend on what ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a good way to save money on car expenses? ### Answer: It is almost always cheaper to do regular maintenance then to fix problems because you didn't change the oil or check the transmission flu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using a FOREX platform to actually change money ### Answer: FX trading platforms are not used for exchanging money, they are used for trading currencies. "I know there are cheaper services like transf...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can online trading platforms be trustworthly? ### Answer: Most investors vote with their wallets. I expect ZERO glitches from a trading platform. If someone was actually causing trades to fail mal...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does Joel Greenblatt's “Magic Formula Investing” really beat the market? ### Answer: While it is true that this formula may have historically outperformed the market you have to keep one important thi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a stock's price represent current liquidation of all shares? ### Answer: What if everyone decided to sell all the shares at a given moment, let's say when the stock is trading at $40? I imagine s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I reserve “emergency savings” for? ### Answer: Emergency funds are good to keep yourself out of debt, for whatever reason. Job loss is a big place where an emergency fund can help you out....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Company A is buying company B, what happens to the stock? ### Answer: It depends on the timing of the events. Sometimes the buying company announces their intention but the other company doesn't like ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Credit card closed. Effect on credit score (USA) ### Answer: As documented in MyFICO (http://www.myfico.com/credit-education/whats-in-your-credit-score/), there are several factors that affect credit ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Consolidate my debt? Higher APR, but what does that actually mean? ### Answer: There's a cliche, "out of the frying pan and into the fire". I've never had the occasion to use it till now. I understan...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Risk and reward of a synthetic option position ### Answer: You sold a call, and have a risk if the stock rises. You bought a put and gain when the stock drops. You, sir, have a synthetic short positi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stock Option Value correlated to net worth of company ### Answer: There are a LOT of variables at play here, so with the info you've provided we can't give you an exact answer. Generally speaking, em...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dalbar: How can the average investor lose money? ### Answer: It appears that there's a confusion between the different types of average. Saying "the average investor" generally means the most common t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I replace bonds in a passive investment strategy ### Answer: Bonds still definitely have a place in many passive portfolios. While it is true that interest rates have been unusually low, yield...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: historical stock data starting from 1900 ### Answer: Robert Shiller published US Stock Market data from 1871. Ken French also has historical data on his website. Damodaran has a bunch of historical ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't share prices of a company rise every other Friday when the company buys shares for its own employees? ### Answer: Many companies actually just issue new shares for employee compensation inst...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Old Cancelled Cards ### Answer: FICO 08, a newer fico formula that many lenders are simultaneously switching to now, ignores artificially lengthened credit history/score by piggybacking. So don't feel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do top investors pull out 20% ROI? ### Answer: First of all, the annual returns are an average, there are probably some years where their return was several thousand percent, this can make a deca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is Discover different from a Visa or a MasterCard? ### Answer: From the business side of credit cards, Discover and American Express carry their own risk. AmEx has lent their logo to banks such as...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Closing a futures position ### Answer: Ignoring the complexities of a standardised and regulated market, a futures contract is simply a contract that requires party A to buy a given amount of a commod...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does FlagStar Bank harass you about payments within grace period? ### Answer: One option is to try to get a month ahead on your mortgage payments. Rather than using the current month's rent to pa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will getting a second credit card help my credit rating? ### Answer: Besides your credit score, there are other smart reasons to have a second line of credit. (Your credit score doesn't affect you th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Good yield vs. safer route (Checking vs. Savings) ### Answer: There is no difference in safety form the perspective of the bank failing, due to FDIC/NCUA insurance. However, there is a practical issu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can we cash a check under business name? ### Answer: All banks in the US that I have ever worked with will allow you to deposit checks if: In your case, you have 3 options: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What type of low-cost stock index exchange-traded fund (ETF) would give the best long-term total return? ### Answer: Small cap and mid cap shares tend to outperform large cap shares in a bull market, ...
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: The person holding the majority of shares can influence the decisions of the company. Even though th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any drawback in putting all my 401K into a money market fund? ### Answer: (After seeing your most recent comment on the original question, it looks like others have answered the question you ...
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: In my experience Sparkasse or VR Bank have them quite often. They stick out in my mind because when you make a withdrawal you have to rea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mortgage or not? ### Answer: Short answer: No. Longer answer: The only reason to move would be to get out of the condo and into a SFR of equal cost because condos can be quite difficult to sell and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much financial information should a buyer give an estate agent? ### Answer: Estate agents need the amount of deposit you will put down because they want to be able to assess the viability of your ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate my estimated taxes. 1099 MISC + Self Employment ### Answer: There are a couple of things that are missing from your estimate. In addition to your standard deduction, you also have a p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are ACH transfers between individuals possible? ### Answer: Yes, many banks offer such a service. Often such payments can be made through their "bill pay" interface. You log in to your account on the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stranger in Asia wants to send me $3000 in Europe over Western Union because he “likes me”? [duplicate] ### Answer: It can be a money laundering scheme. The stranger gives you cash for free at first, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to dollar-cost-average with a large amount of money in a savings account? ### Answer: I up voted JoeTaxpayer but i would like add a couple of things. Dollar Cost averaging over a 5 day period is i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it a bad idea to buy a motorcycle with a lien on it? ### Answer: A lien is a mechanism to impede legal title transfer of a vehicle, real property, or sometimes, expensive business equipment. That'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: (Almost) no credit unions in New York City, why? ### Answer: There are 2 credit unions in the Metro NY area that are open to everyone: You might also want to check out aSmarterChoice.org to see if the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does net selling or buying of a stock mean? ### Answer: I'm not sure the term actually has a clear meaning. We can think of "what does this mean" in two ways: its broad semantic/metaphorical mean...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mortgage refinancing ### Answer: Check the terms of your mortgage. If you are in a fixed-term mortgage, you can likely "over-pay" a fixed amount of the capital each year: typically 10%. Eg if you owe ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to do with old company's 401k? [duplicate] ### Answer: I suggest rolling it over to the 401(k) with your new employer. Particularly if they match any percentage of your contribution, it would be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the yield on my investments stack up against other investors? ### Answer: It can be pretty hard to compute the right number. What you need to know for your actual return is called the dollar-...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does net selling or buying of a stock mean? ### Answer: Consider the mechanic which actually drives the 'price' of a stock. In simplest terms, the 'price' of a stock is the price at which the mos...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What typically happens to unvested stock during an acquisition? ### Answer: This is a great question. I've participated in a deal like that as an employee, and I also know of friends and family who h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Former public employer that we have options in just sold ### Answer: The deal is expected to close sometime in Q4. The fluctuation though the day is just noise. The price will reflect a discount to th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it ever a good idea to close credit cards? ### Answer: There is also security aspect. By reducing the number of active credit/debit cards, one significantly reduces the surface of attack. There is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What credit card information are offline US merchants allowed to collect for purposes other than the transaction? ### Answer: Zip code, as well as billing address, is used in conjunction with the Addr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I qualify for a personal 401-K Plan? ### Answer: I'm not a tax lawyer, but from what I can tell it looks like you'd be eligible to use your contractor income to fund a Solo 401(k). http://www.iraf...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to invest in the Russian oil market? ### Answer: The Russian ETFs may be broad, but a quick glance at ERUS and RBL's sector breakdown shows they're 45% and 47% energy sector, and their top holding...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do investors buy stock that had appreciated? ### Answer: I understand you make money by buying low and selling high. You can also make money by buying high and selling higher, short selling high a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is Bogleheadism (index fund investing) dead? ### Answer: One alternative to bogleheadism is the permanent portfolio concept (do NOT buy the mutual fund behind this idea as you can easily obtain access...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What home improvements are tax deductible? ### Answer: On a personal income tax return home improvements are generally not deductible on a federal level. There might be some exceptions made for speci...