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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Judge market efficiency from raw price action ### Answer: The shortest-hand yet most reliable metric is daily volume / total shares outstanding. A security with a high turnover rate will be more effi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investment for beginners in the United Kingdom ### Answer: I'm in the US as well, but some basic things are still the same. You need to trade through a broker, but the need for a full service broker i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are real-term bond yields systematically declining, and what does it mean for investors? ### Answer: On a longer time scale, the plot thickens: It almost looks random. A large drop in real rates...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Once stock prices are down, where to look for good stock market deals? ### Answer: Keep in mind, that bargain hunting will fail you from time to time. I know a lot of guys who bought Nortel at $10, p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I estimate my taxes when I have only 1099 income? ### Answer: So there are a lot of people that get into trouble in your type of self employment situation. This is what I do, and I use google ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Optimize return of dividends based on payout per share ### Answer: What you're referring to is the yield. The issue with these sorts of calculations is that the dividend isn't guaranteed until it's d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Option on an option possible? (Have a LEAP, put to me?) ### Answer: As with most strategies there are pros and cons associated with this approach: Advantages of using LEAPS: Disadvantages of using LEA...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Salary equivalency: London vs Berlin ### Answer: Germany is substantially cheaper than the London . You would need at least double your current income to maintain the same lifestyle in London. Even t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does it make sense to buy a house in my situation? ### Answer: My opinion is to hold off. I don't see housing market rising anytime soon, possibly even going lower, so you don't have to worry about ge...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will the stock market continue to grow forever? ### Answer: Yes! Look at any graph or chart covering the last 100 years. The graph goes up. It will continue to grow unless there is an extinction even...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any Ubiquitous Finance App That is on Mac, iOS and Windows? ### Answer: You can try SplashMoney. It works on many platforms, including iPhone, iPod and Mac, but also Palm OS, Android, Blackberry and w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any Social Responsibility Index funds or ETFs? ### Answer: TIAA-Cref has their Social Choice Equity Fund, which is a Large Blend primarily equity fund that invests given the following consid...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculating theoretical Present Value ### Answer: If you are using an Excel, the Function PV should be able to easily calculate this. Excel Formulae PV = (Rate,Nper,Pmt,Fv,Type) Where Rate: Rate of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can stockholders choose NOT to elect a board of directors? ### Answer: Under Sarbanes–Oxley, no. There are specific responsibilities vested in the board members. Without a CEO and a CFO, the quarterly...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Snowball debt or pay off a large amount? ### Answer: You've already received good advice here, pay off the highest rate card first, in this case the Best Buy card. I completely agree. To answer your q...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Google Finance gain value incorrect because of currency fluctuation ### Answer: You can easily build a Google Sheet spreadsheet to track what you want as Sheet has a 'googlefinance()' function to look...
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: Using your credit card: Applying for a store credit card: In general it is far better to not buy big...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are personal finance / money management classes taught in high school, anywhere? ### Answer: In the UK there is a School Rewards System used in many schools to teach kids and teens about finance and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What do I need to consider when refinancing one home to pay the down-payment of another? ### Answer: and I need to upgrade my current home to a larger, longer-term property Would selling your current ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the currency between countries relate ### Answer: Firstly currency prices, like any asset, depend on supply and demand. Meaning how many people want to exchange a currency to another one vs. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does it mean for a normal citizen like me when my country's dollar value goes down? ### Answer: One more effect that's not yet been mentioned is that companies based in Australia and listed on th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do my 401k/Roth accounts benefit from compounding? ### Answer: You might be confusing two different things. An advantage of investing over a long term is the compounding of returns. Those returns can...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What type of insurance would protect you against the Amazon 1p bug? ### Answer: I believe the appropriate recourse in this scenario is to bring a court case for breach of contract. The 1p repricing ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How long should I keep an uncleared transaction in my checkbook? ### Answer: With a check, there are limits on cashing the stale check, but that is set by the banks involved. With a debit card transac...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Contract job (hourly rate) as a 1099: How much would I be making after taxes? ### Answer: In addition to taking into account your deductions, as mentioned by @bstpierre, you also need to account for v...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can banks afford to offer credit card rewards? ### Answer: The banks don't have to pay for credit card rewards. The merchants end up footing the bill. The merchants that accept credit cards pay fr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is www.onetwotrade.com a scam? ### Answer: OneTwoTrade is a binary option seller, and they are officially licensed by the Malta Gaming Authority. They are not in any way licensed or regulated as an in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do you have to be mega-rich to invest in companies pre-IPO? ### Answer: Short answer: No. Being connected is very helpful and there is no consequence by securities regulators against the investor by f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dividends Growing Faster than Cost of Capital ### Answer: I don't think the method falls short, it's the premise that is wrong. If the dividend stream really did grow faster than the cost of capital i...
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: It's Permanent Insurance, sold as a savings scheme that is a bad deal for most people. The ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: UK: Personal finance book for a twenty-something ### Answer: Public sector and private industry retirement plans, taxation and estate planning would be the most substantial differences between the two...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Upward Spike in US Treasuries despite S&P Downgrade in August 2011 ### Answer: US government bonds are where money goes when the markets are turbulent and investors are fleeing from risk, and that app...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How come I can't sell short certain stocks? My broker says “no shares are available” ### Answer: You can't short a stock unless there is someone willing and able to "lend" shares to you. And there are...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing in stocks with gross income (not yet taxed) cash from contract work? ### Answer: You need to report the income from any work as income, regardless of if you invest it, spend it, or put it in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If someone gives me cash legally, can my deposit trigger an audit for them? ### Answer: In the event of an audit, you AND your friends need to have already reported the cash the same way in previous t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does it make sense to trade my GOOGL shares for GOOG and pocket the difference? ### Answer: Too much fiddling with your portfolio if the difference is 3-4% or less (as it's become in recent months). ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When trading put options, is your total risk decreased if you are in a position to exercise the option? ### Answer: The risk situation of the put option is the same whether you own the stock or not. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it practical to take actual delivery on a futures contract, and what is the process? ### Answer: Not all futures contracts are deliverable. Some futures are specified as cash settlement only. In t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a stake sale affect a company's stock price? ### Answer: Is it normal for such transactions to create new outstanding shares? Yes a company can create new shares or a Majority share holder ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I use investments to lower my taxes [US]? ### Answer: Consider the individual who pays $1,000,000 in taxes. His/her income must be substantial. That is what one should aim for. Investments f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: what are the downsides of rolling credit card debt in this fashion ### Answer: Awesome, you are a math guy. Very good for you. In theory, what you are proposing, should work out great as the math wo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I Pay Off my Student Loan Debts First or Invest in an Index Fund? ### Answer: A major thing to consider when deciding whether to invest or pay off debt is cash flow. Specifically, how each choi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How Emini/Minifuture price is set against its underlaying instrument? ### Answer: The market sets prices and the way JP Morgan or any other bank or organization determines the price it's willing to de...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Personal Banking using accrual method ### Answer: You would add your daily earnings every day. For example, you work full time job (8 hours a day) at $20/hour. At the end of the 1st day of the month, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the difference between a bad/bounced check and insufficient funds? ### Answer: Insufficient funds will cause a check to bounce. If there is evidence that you "kited" the check deliberately, th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Unmarried couple buying home, what are the options in our case? ### Answer: Personally I would advise only buying what you can afford without borrowing money, even if it means living in a tent. Financ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to compute for losses in an upside down trade-in of a financed car? ### Answer: Numbers: Estimate you still owe around 37000 (48500 - 4750, 5% interest, 618 per month payment). Initial price, down...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: As a 22-year-old, how risky should I be with my 401(k) investments? ### Answer: As a 22 year old planning for your financial life, it is obvious to say that saving as much as you can to invest for the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What resources can I use to try and find out the name of the manager for a given fund? ### Answer: Yahoo Finance: http://finance.yahoo.com/q/pr?s=VFINX+Profile Under "Management Information" ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I choose 401k investment funds? ### Answer: I disagree strongly with chasing expenses. Don't chase pennies until your are comfortable with an allocation that makes sense to you. Focus on buildi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why will the bank only loan us 80% of the value of our fully paid for home? ### Answer: Imagine the bank loaning 100% of the sum of money you needed to buy a house, if the valuation of the house decre...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I get a mortgage I can't afford? ### Answer: You might also want to talk directly to a bank. If your credit report is clean, they may have some discretion in making the loan. Note - the 'norm...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mortgage refinancing ### Answer: First, check with your lender to see if the terms of the loan allow early payoff. If you are able to payoff early without penalty, with the numbers you are posting, I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do Fundamentals Matter Anymore in Stock Markets? ### Answer: Are you implying that Amazon is a better investment than GE because Amazon's P/E is 175 while GE's is only 27? Or that GE is a better inve...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does dollar cost averaging really work? ### Answer: Here is a deliberately simple example of Dollar Cost averaging: Day 1: Buy 100 shares at $10. Total value = $1,000. Average cost per share = $10.00/...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I use asset allocation to manage my wealth? ### Answer: Investing, broadly, is putting money to work for a period of time in some sort of project or undertaking in order to generate positive r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Finance algebra ### Answer: With the following variables the periodic (annual) repayment is given by The recurrence equation for the balance b at the end of month x is derived from b[x + 1] = b[x] (1 ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dry cleaners lost $160 pants, what should I do? ### Answer: I really like Rocky's answer, some more info: Keep in mind there is no limit on punitive damages. You could sue for the pants (160) + the f...
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: Bonds can increase in price, if the demand is high and offer solid yield if the demand is low. For instance, Russian bond prices a year ago contrac...
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: First of all, there are some differences between the retirement accounts that you mentioned regarding taxes. Tradition...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is a car loan bad debt? ### Answer: Here is another way to look at it. Does this debt enable you to buy more car than you can really afford, or more car than you need? If so, it's bad debt. Let's say ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to model fees from trades on online platforms? ### Answer: where A1 is the number of trades. you may have to change the number 100 to 99 depending on how the 100th trade is charged. The idea is to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is Insider Trading Illegal? ### Answer: Secret formulas are legal, "privileged information" is not. And that may be the whole point. People are allowed to trade stocks profitably if doing so resul...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I have $1000 to invest in penny stocks online, should I diversify risk and invest in many of them or should I invest in just in one? ### Answer: I've never invested in penny stocks. My #1 investing...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do some online stores not ask for the 3-digit code on the back of my credit card? ### Answer: As a general premise: In most of the online transactions in case of dispute the benefit of doubt is gi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where are the non floated Groupon shares ### Answer: Many people have criticized the Groupon IPO model because it doesn't make sense as an investment, unless you are an insider with cheap shares. Basi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does “Settling your Debt” entail, and how does it compare to other options? ### Answer: Basically, these guys break all your eggs then try to make an omelet. Your lender(s) must really believe t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I buy put options on an ADR? ### Answer: Some ADRs have standardized options that trade on US exchanges. If your stock/ADR is one of those, then you find the put option through most brokerages th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Losing Money with Norbert's Gambit ### Answer: There's a possibility to lose money in exchange rate shifts, but just as much chance to gain money (Efficient Market Hypothesis and all that). If you're ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: F-1 Visa expired - Unable to repay private student loan. What to do? ### Answer: I would contact your loan servicing company explain the situation and see if you can renegotiate terms. They may be abl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Taking Losses To Save On Tax ### Answer: Tax questions require that you specify a jurisdiction. Assuming that this is the US, you owe Federal income tax (at the special long-term capital gains tax ra...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing in low cost index fund — does the timing matter? ### Answer: Yes timing does matter. Using a simple Rate of Change indicator over the past 100 days and smoothed out with a 50 day Moving Aver...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are Bank of America and Citi trading so far below book value? ### Answer: Its not just Citi and BoFA, even Barclays, HSBC and other large Banks are trading below book value in markets they are lis...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: IRA contributions in a bear (bad) market: Should I build up cash savings instead? ### Answer: You have heard the old adage "Buy low, sell high", right? That sounds so obvious that you'd have to wonder...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best way to get a “rough” home appraisal prior to starting the refinance process? ### Answer: I see your remarks regarding Zillow, but would add a question. Why not look only for recent sa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is CFD a viable option for long-term trading? ### Answer: No, CFD is not viable as a long term trading strategy. You have a minimum margin to maintain, and you are given X days to top up your margin ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Advice on strategy for when to sell ### Answer: It's impossibly difficult to time the market. Generally speaking, you should buy low and sell high. Picking 25% as an arbitrary ceiling on your gains se...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does it mean that stocks are “memoryless”? ### Answer: @jidugger mostly got it right. It basically mean that past performance of a stock, or a basket of stocks, are not at all useful when trying ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should the poor consider investing as a means to becoming rich? ### Answer: A cautionary tale: About 25 years ago I decided that I should try my hand at investing in some technology companies. I wa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I deduct work equipment I am not required to purchase by my employer? ### Answer: Old question, but in the comments of the accepted answer, I believe Nate Eldredge is correct and littleadv is inco...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does it make sense to buy a house in my situation? ### Answer: I'm confused why you think you need a $450k house. That seems extremely high in today's market except perhaps in certain major urban loca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do Americans really use checks that often? ### Answer: I receive checks from my tenant. Also, from our medical reimbursement account. I'm sure there's an option somewhere to get that direct deposited,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why buy insurance? ### Answer: First of all, insurance never covers the cost of the item, it is almost always a partial payout at best. For example, a typical house in the Northeast US where I live th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I avoid international wire fees or currency transfer fees? ### Answer: Several possibilities come to mind: Several online currency-exchange brokers (such as xe.com and HiFx) offer very good ex...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I have to pay the internet installation charges for my home's company internet? ### Answer: It appears so. I suppose you could try saying that you don't want to pay for it and won't have Internet i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's are the differences between “defined contribution” and “defined benefit” pension plans? ### Answer: Defined Benefit Plans: Defined benefit plans are disappearing because of their high cost to t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I deposit a check made out to my business into my personal account? ### Answer: If you're a sole proprietor there's no reason to have a separate business account, as long as you keep adequate ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do individual stocks have futures trading ### Answer: There is indeed a market for single stock futures, and they have been trading on the OneChicago exchange since 2002. Futures are available in 12,5...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using a Roth IRA instead of a college savings account ### Answer: The problem with this plan is that in order for your children to put money in their own IRA, they need earned income of their own. If...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can you find dividends for Australian Stock Market Shares (ASX) for more than 2 years of data? ### Answer: You can register with an online broker. You can usually join most online brokers for fr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is buying a home a good idea? ### Answer: The New York Times offer a remarkably detailed Buy vs Rent calculator. You enter - From all of this, it advises the break-even rent, when monetarily, it's eq...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: High-risk investing is better for the young? Why? ### Answer: I'm going to diverge from most of the opinions expressed here. It is common for financial advisors to assume that your portfolio should be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What can I take from learning that a company's directors are buying or selling shares? ### Answer: You can learn very little from it. Company directories are often given share options or shares as a b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I have some old gold jewellery, is it worth it to sell it for its melt value? ### Answer: Avoid gold brokers who do business through the mail. Video Full Article ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the theory behind Rick Van Ness's risk calculation in the video about diversification? ### Answer: John Bensin's answer covers the math, but I like the plain-English examples of the theory fro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Approach to share options in the UK ### Answer: I'm in the US, so there may be idiosyncrasies with UK taxes that I'm not familiar with, but here's how I've always treated stock I get as compensation. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is Real Estate ever a BAD investment? If so, when? ### Answer: There's an aspect to real estate that's under-discussed. When you take all factors into account, it just about keeps up with inflation ov...
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: The sentiment is because between closing and opening a lot can happen, and between opening and the time your order actually goes through...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stability of a Broker: What if your broker goes bankrupt? Could you lose equity in your account? ### Answer: Careful with the "stock stolen from your account" thing. SIPC protects investors against b...
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: In the UK it all comes down to what HMRC will allow you to charge without taxing you on the "rent profit" and no...