Datasets:
circircircle
/
FinQA

Dataset card Data Studio Files
xet
 Community
text
stringlengths
146
45.7k
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is buying a lottery ticket considered an investment? ### Answer: Something that is missing from the discussion is the actual market for the lottery ticket -- if a market existed for the tickets themse...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: found a 1994 uncashed profit sharing retirement plan check ### Answer: Checks (in the US, anyway) are only good for six months after they have been written. After that. under the US Uniform Commerical...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Trader Fostering Program on Futures Day Trading ### Answer: a) Contracts are for future delivery of said underlying. So if you are trading CL (crude oil) futures and don't sell before delivery date, y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Company asking for card details to refund over email ### Answer: I used to work for a online payment posting company. Anytime a payment is made via Credit Card to a company that does not have PCI DSS(...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the tax liabilities for an Indian citizen working in the US? ### Answer: Tax liability in US: You would need to determine if you are a resident alien or non resident alien. Resident alien are...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I tell what is “real” Motley Fool advice? ### Answer: The Fools have a range of advice from common-sense to speculative, aimed at different audiences (one hopes). As always, don't take anyone'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros & cons in Hungary of investing retirement savings exclusively in silver? What better alternatives, given my concerns? ### Answer: Because most of the posters have disparaged the pursuit of silver...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Putting borrowed money into an SIPP ### Answer: You may have misunderstood some parts of the system. If you make a pension contribution in any given year, the tax relief is based on your income for th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are marijuana based investments promising, or just another scam? ### Answer: Is there any truth to this, or is this another niche scam that's been brewing the last few years? While it may not be an ou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When investing, is the risk/reward tradeoff linear? ### Answer: If a market is efficient then risk/reward should be linear. In simple markets like stocks and bonds, everyone thinks the same way and t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Good books for learning about tax strategy/planning ### Answer: J.K. Lasser's Your Income Tax is, remarkably, a great read. It's a line by line review of the tax forms, and offers commentary and examp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Possible replacement for Quicken ### Answer: I would investigate mint.com further. Plenty of people have written off using them because Intuit purchased them, but that seems like cutting of your nose...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are taxes on actively managed funds higher than those on index funds? ### Answer: First, consider what causes taxes to apply to a mutual fund, index or actively managed. Dividends and capital gai...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a 2 year treasury note work? ### Answer: Notes and Bonds sell at par (1.0). When rates go up, their value goes down. When rates go down, their value goes up. As an individual investor, you re...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Difference between full and mini futures contract ### Answer: Both of these are futures contracts on the Ibovespa Brasil Sao Paulo Stock Exchange Index; the mini being exactly that, a mini version (or...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the equivalent of the QQQ in the UK for the FTSE 100? ### Answer: I searched for FTSE 100 fund on Yahoo Finance and found POW FTSE RAF UK 100 (PSRU.L), among many others. Google Finance is an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I work out how much a side-job contracting will be taxed for? ### Answer: I would say you can file your taxes on your own, but you will probably want the advice of an accountant if you need an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: US taxation of stock purchase plan for non-resident alien ### Answer: From my research it looks like its an income NOT effectively connected with the trade of business. This page has the exact details...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I give to charity by check or credit card? ### Answer: The definite answer if you want to give a larger amount of money is: Ask the charity. Just drop them a mail with something like: Dear Sirs...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How an ETF pays dividend to shareholders if a holding company issues dividend ### Answer: Join me for a look at the Quote for SPY. A yield of 1.82%. So over a year's time, your $100K investment will ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Get free option quotes ### Answer: In addition, since you asked for Montreal, you can get the quotes directly. http://www.m-x.ca/nego_cotes_en.php ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I judge loan availability? ### Answer: Your credit rating will rise once the loan is repaid or paid regularly (in time). It will not get back to normal instantly. If the property is dead weigh...
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: How does compounding of annual interest work? answers this question. It's not simple compound ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Previous owner of my home wants to buy it back but the property's value is less than my loan… what to do? ### Answer: A short-sale seems like an extreme and unethical course to take. You should read ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I get a personal loan to pay on my mortgage to go “above water” to qualify for a refinance? ### Answer: Let's say you owe $200K (since you didn't mention balance. If you do, I'd edit my respons...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What traditionally happens to bonds when the stock market crashes? ### Answer: It depends. Very generally when yields go up stocks go down and when yields go down stocks go up (as has been happening ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why buy insurance? ### Answer: Because people are Risk Averse. Suppose that you own an asset worth $10,000 to you. Suppose that each year, the asset has 1% chance of being stolen (or completely broke...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Was this a good deal on a mortgage? ### Answer: The key question is whether this number includes taxes and insurance. When you get a mortgage in the U.S., the bank wants to be sure that you are paying...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the difference between speculating and investing? ### Answer: In my opinion the difference is semantic. A professional, or someone wanting to present an air of competence, is more likely to ta...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Assessing risk, and Identifying scams in Alternative Investments ### Answer: I have personally invested $5,000 in a YieldStreet offering (a loan being used by a company looking to expand a ridesharing...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Moving savings to Canada? ### Answer: The simplest, most convenient way I know of to "move your savings to Canada" is to purchase an exchange-traded fund like FXC, the CurrencyShares Canadian Dollar T...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why government bonds fluctuate so much, even though interest rates don't change that often? ### Answer: Long term gov't bonds fluctuate in price with a seemingly small interest rate fluctuation becaus...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Legitimate unclaimed property that doesn't appear in any state directory? ### Answer: So while these companies are not a scam, 30% feels pretty darn high. How about you negotiate a much lower rate? ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying taxes on income earned in the US, but from a company based in Norway ### Answer: If you are paid by foreigners then it is quite possible they don't file anything with the IRS. All of this incom...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I cash out a check internationally? ### Answer: Your friend probably cannot deposit the check to your U.S. bank account. U.S. banks that I've worked with will not accept a deposit from someone...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I get rid of worthless penny stocks if there is no volume (so market/limit orders don't work) and my broker won't buy them from me? ### Answer: I dug up an old article on Motley Fool and one ap...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why ADP does not accurately withhold state and federal income tax (even if W4 is correct)? ### Answer: ADP does not know your full tax situation and while the standard exemption system (actually desig...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are non-qualified stock options? ### Answer: Non-qualified stock options are like regular incentive stock options but without the preferential treatments that ISOs get: Companies like to give NQS...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Effect of Quantitative Easing on Price of Bonds ### Answer: The classic definition of inflation is "too much money chasing too few goods." Low rates and QE were intended to help revive a stalled econo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: incorrect printed information on check stock ### Answer: Probably a bad assumption, but I'm assuming your in the United States. Keep in mind, that the check number is printed in 2 places on the front ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Previous owner of my home wants to buy it back but the property's value is less than my loan… what to do? ### Answer: How about doing a Lease Option with a very long term and a very early "option" for...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is Los Angeles property tax calculated if a 50% owner later buys out the other 50%? ### Answer: Can't vouch for LA, but property typically is taxed at either the appraised value, the most recent p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I even need credit cards? ### Answer: Credit cards are great. You get free money for 30+ days and a bunch of additional benefits like insurance, extended warranties and reward programs. When vendor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I want to take cash from Portugal to the USA, should I exchange my money before leaving or after arriving? ### Answer: My experience (from European countries, but not Portugal specifically) is that...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are variable rate loans ever a good idea? ### Answer: What's going on here is that the variable rate loan is transferring some of the risk from the bank to you. In a reasonable deal taking on risk br...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I need to pay tax on the amount of savings I have in the bank? ### Answer: Not for the amount in the accounts but for the interest you earn per year is taxable. But the sum of your all taxable inco...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a kind of financial advisor for stock investors? How to find a good one? ### Answer: I'm a retired stockbroker/Registered Investment Advisor. My initial discussions with prospects never had a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a “retail revolving account,” and does it improve my credit score? ### Answer: To add to what others have said, INSTALLMENT CREDIT is a stronger factor when building credit. An installment cre...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to account for startup costs for an LLC from personal money? ### Answer: How do I account for this in the bookkeeping? Here is an example below: This is how you would accurately depict contributi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculate time to reach investment goals given starting balance? ### Answer: The Finance functions in spreadsheet software will calculate this for you. The basic functions are for Rate, Payment, PV (...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where to Park Proceeds from House Sale for 2-5 Years? ### Answer: There are some high-yield savings accounts out there that might get you close to 1 percent. Shorter term CDs might also serve you well...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the differences between an investment mortgage and a personal mortgage? ### Answer: I used to own a few investment properties, so I'm pretty familiar with this. As MrChrister mentions, lende...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is a currency “hedged” ETF actually a more speculative instrument than an unhedged version? ### Answer: Currency hedge means that you are somewhat protected from movements in currency as your investme...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you explain why it's better to invest now rather than waiting for the market to dip? ### Answer: This simulation game uses actual historical S&P 500 data to test whether you can "time the market."...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: On what quantity the Dividend is given in India? ### Answer: In India, the amount of dividend you get is based on the face value of the stock. If the stock's face value is Rs. 10 and the company annou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I pay taxes using bill pay from my on-line checking account? ### Answer: I wouldn't do this. There is a chance that your check could get lost/misdirected/misapplied, etc. Then you would need to d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are credit cards preferred in the US? ### Answer: For me, it is mostly for the fraud protection. If I have a debit card and someone makes a fraudulent charge the money is removed from my bank acco...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Reasons behind a large price movement of a penny stock without any recent news releases? ### Answer: Yes, in my humble opinion, it can be "safe" to assume that — but not in the sense that your assumpt...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does remittance work? How does it differ from direct money transfer? ### Answer: The Option 2 in your answer is how most of the money is moved cross border. It is called International Transfer, mo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Trading with Settled / Unsettled Funds (T+3) ### Answer: The issues of trading with unsettled funds are usually restricted to cash accounts. With margin, I've never personally heard of a rule that wi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Multiple mortgage pre-approvals and effects on credit score ### Answer: Johnny. I recently bought my first home as well, and I have worked in the credit business (not mortgage), so I think I can answ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I switch to this high rate checking account for my emergency fund? ### Answer: I do this, and as you say the biggest downside is not having a separate account for your savings. If you're the t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it worth it to reconcile my checking/savings accounts every month? ### Answer: I quit diligently reconciling monthly statements some years before everything was online, when I realized that for yea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I save on closing costs when buying a home? ### Answer: For example: do I need a realtor, or can I do their job myself? In general in the United States the real estate agent fee is paid by the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best way to stay risk neutral when buying a house with a mortgage? ### Answer: You can hedge your house price from losing value if you believe that the housing market is correlated with ma...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is the volume highest at the beginning and end of a trading day? ### Answer: One of the fundamental of technical analysis suggests that holding a security overnight represents a huge commitment. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to hedge against specific asset classes at low cost ### Answer: The essence of hedging is to find an investment that performs well under the conditions that you're concerned about. If you're conce...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Personal finance software for Mac that can track stocks and mutual funds? (Even manual updating of share prices will do.) ### Answer: I'm using iBank on my Mac here and that definitely supports differ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do my kids need to file a tax return? ### Answer: If the gift was stock that they have owned for years there can be one hitch: The basis of the stock doesn't reset when it is gifted. For example if gr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Legal requirements to sell design content, artwork and also freelance in India? ### Answer: There is no requirement to open a company. You can work as freelancer. You need to report income and file re...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What ways are there to invest in stocks, options, indexes, etc, and where should one start (what funds)? ### Answer: Ryan's suggestion to index for your main strategy is dead on. Your risk is highest ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I legally and efficiently help my girlfriend build equity by helping with a mortgage? ### Answer: A 30-yr mortgage IS a committment. So, you are willing to commit to a place, but not your long...
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: A pattern of high level people buying or selling is a sign, positive or negative. An individual, not ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I determine how much rent I could charge for a property or location? ### Answer: Check out the property websites to get an idea of how much, the property in question, could yield as rent. Most ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I open a Solo 401(k) if I am an independent contractor but also work part-time as an employee? ### Answer: A Solo 401k plan requires self-employment income; you cannot put wages into it. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does “/” and “^” mean in ticker symbols? How to translate these symbols into yahoo? ### Answer: On NASDAQ the ^ is used to denote other securities and / to denote warrents for the underlying comp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax: 1099 paper form ### Answer: You can print them on any IRS-approved paper, you don't have to use pre-printed forms. The IRS publishes specifications for paper that is approved for use for these ki...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I need to file taxes jointly with my girlfriend if we live together? ### Answer: In Ontario, common law marriage requires 3 years of cohabitation, and doesn't give rights to property (which remains...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How will I pay for college? ### Answer: You sound like you're well educated, well spoken, and resourceful, so I'm going to assume that you are somewhere in the neighborhood of top 5% material. That me...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to prevent myself from buying things I don't want ### Answer: One approach is to control your budget more effectively. For example work out your essential living expenses things like food, rent an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is the fractional-reserve banking not a Ponzi scheme? ### Answer: They're not at all the same. A Ponzi scheme is a fraudulent investment method that pays off early investors with deposits from lat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I find closed dates for the New York Stock Exchange for the coming year? ### Answer: The NYSE holidays are listed online here: https://www.nyse.com/markets/hours-calendars ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why having large capital is advantageous to trading ### Answer: You wouldn't want to trade with too small amount of capital - it becomes harder and more expensive to diversify with a small account. Al...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Magazine subscription leads to unauthorized recurring payment ### Answer: You have a subscription that costs $25 They have the capabilities to get that $25 from the card on file if you had stopped pay...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do people sell when demand pushes share price up? ### Answer: You are assuming the price increase will continue. The people selling are assuming that the price increase will not continue. Ultimat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is paying off your mortage a #1 personal finance priority? ### Answer: Paying off your mortgage early being good is a myth. It is great for the chronic overspenders to have their mortgage paid off so...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If accepting more than $10K in cash for a used boat, should I worry about counterfeiting? ### Answer: When you operate outside of the law, you bear the risks of that decision. When you operate within...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What forms of payment am I compelled to accept? ### Answer: When you're selling something through a provider, like Craig's List or newspapers, the only thing that may limit your choices is the provide...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 401k vs. real estate for someone who is great at saving? ### Answer: With an appropriate selection within a 401K and if operating expenses are low, you get tax deferred savings and possibly a lower ta...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the incentive for a bank to refinance a mortgage at a lower rate? ### Answer: In a lot of cases, the bank has already made their money. Shortly after you get your mortgage is sold to investors...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are bonds really a recession proof investment? ### Answer: Bonds by themselves aren't recession proof. No investment is, and when a major crash (c.f. 2008) occurs, all investments will be to some ext...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to people without any retirement savings? ### Answer: Social security was created with just such people in mind. It's a meager living, but it is an income stream that can be supplemented ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can a person protect his savings against a country default? ### Answer: Since you are going to be experiencing a liquidity crisis that even owning physical gold wouldn't solve, may I suggest bitco...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In general, is it financially better to buy or to rent a house? ### Answer: The general answer is: "it depends on how long you want to live there". Here is a good calculator to figure it out: http://w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ethics and investment ### Answer: Markets are amoral. If you don't buy stock in a company that has high growth/earnings, someone else will. By abstaining you will actually make it cheaper for someone ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a generally accepted term for fractions of Currency Units? ### Answer: The Coinage Act of 1792 of the Continental Congress established that the lowest money of account for the United States i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Claiming mileage allowances, what are the rules/guidelines? ### Answer: I believe so (that you can, not that you are greedy) I run my own business and, generally speaking, am 'charging' my company 40p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Technical Analysis: the concepts of overbought / oversold don't make sense ### Answer: You are right that every transaction involves a seller and a buyer. The difference is the level of willingness fr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I have AD&D through my employer, should I STILL purchase term life insurance? ### Answer: I think that mbhunter hit the nail on the head regarding your question. I just want to add that having a po...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 60% Downpayment on house? ### Answer: I put about that down on my place. I could have purchased it for cash, but since my investments were returning more interest than the loan was costing me (much e...