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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Info about managment compansation schemes in publicly traded companies ### Answer: Compensation information is available in the annual reports (10-k filings) which are available from the SEC EDGAR sys...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: ESPP advantages and disadvantages ### Answer: You should always always enroll in an espp if there is no lockup period and you can finance the contributions at a non-onerous rate. You should also alway...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I buy a house or am I making silly assumptions that I can afford it? ### Answer: The (interest bearing) mortgage of £300,000 would be SIX times your salary. That's a ratio that was found in Jap...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would it make sense to take a loan from a relative to pay off student loans? ### Answer: I have recently been the lender to a couple people. It was substantially less money (~$3k), but I was trusting ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What differentiates index funds and ETFs? ### Answer: I think that assuming that you're not looking to trade the fund, an index Mutual Fund is a better overall value than an ETF. The cost difference i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the fuss about Credit Score / History? ### Answer: Your credit score, for better or worse, is increasingly about more than just getting loans. For example insurance companies can use it to some...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Making money through CFD ### Answer: What is being described in Longson's answer, though helpful, is perhaps more similar to a financial spread bet. Exactly like a bookmaker, the provider of a spread ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to measure how the Australian dollar is faring independent of the US dollar ### Answer: What you want is the average change in rate of the Australian Dollar against multiple other currencies, to e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which US services allow small/micro-payments using a credit card? ### Answer: I don't know of any and it is unlikely that you will be able to find one. Most credit card processors charge a flat fee p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is expense to freelancers tax deductible? ### Answer: Yes, but make sure you issue a 1099 to these freelancers by 1/31/2016 or you may forfeit your ability to claim the expenses. You will probably nee...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using 2 different social security numbers ### Answer: Social security number should only be needed for things that involve tax withholding or tax payment. Your bank or investment broker, and your empl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you translate a per year salary into a part-time per hour job? ### Answer: There is no fixed formulae, its more of how much you can negotiate Vs how many others are willing to work at a lower c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are mutual funds safe from defaults? ### Answer: There are very strict regulations that requires the assets which a fund buys on behalf of its investors to be kept completely separate from the fund's ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How splits and dividends affect option prices ### Answer: Investopedia explains how a stock split impacts the stock's options: Each option contract is typically in control of 100 shares of an underlyi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the valuation of a company based on? ### Answer: It's safe to say that for mature companies, with profits that have been steady, and steadily growing, that a multiple of earnings can come into...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would analysts recommend buying companies with negative net income? ### Answer: Most likely because they don't know what they're talking about. They all have a belief without evidence that informa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 401(k) not fully vested at time of acquisition ### Answer: Probably not. If you were at a small company and asked such a question, you'd get advice and links to erisa or other case law, etc. it's saf...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Book or web site resources for an absolute beginner to learn about stocks and investing? ### Answer: If you just want to save for retirement, start with a financial planning book, like this one: http:...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I invest in gold without taking physical possession? ### Answer: In addition to the possibility of buying gold ETFs or tradable certificates, there are also firms specializing in providing "ba...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When are stock trade fees deducted? ### Answer: Typically the fees are charged when the order is executed. The only catch I have ever ran into is when an order is partially executed. A good-till-canc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a maximum amount that I can wire transfer out of US? ### Answer: The limit, if any, would be established by your financial institutions. You would need to contact both your sending and receivi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to double-entry bookkeep money incoming from sold items ### Answer: If you were a business, all your assets would have a dollar value, so when you sold them you'd decrease the amount of assets by ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Company revenue increased however stock price did not ### Answer: If you believe in the efficient market hypothesis then the stock price reflects the information known to market participants. Conseque...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can dues and subscriptions expenses be deducted 100% to calculate taxable income in an LLC company? ### Answer: IRS Publication 529 is the go-to document. Without being a tax professional, I'd say if...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What makes a Company's Stock prices go up or down? ### Answer: There are many things that can make a company's share price go up or down. Generally, over the long term, the more consistently profitabl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I explain why debt on debt is bad to my brother? ### Answer: The key idea he should focus on is that every debt includes interest - the money he didn't borrow, but now owes. The interest goes s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why haven't there been personal finance apps or softwares that use regression modeling or A.I.? ### Answer: What would they be trying to predict? The value YNAB and Mint provide is objective truth ab...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Retirement & asset allocation of $30K for 30 year old single guy ### Answer: If you want to invest in stocks, bonds and mutual funds I would suggest you take a portion of your inheritance and use it t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Warren Buffett and Charles Munger advice for small investors? ### Answer: Warren Buffett: 'Investing Advice For You--And My Wife' (And Other Quotes Of The Week): What I advise here is essentially iden...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Section 179 vs depreciation of laptop ### Answer: The CPA's mention of $2,500 is probably referring to the recently increased de minimis safe harbor under the final tangible property regulations (used...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I talk about my stocks? ### Answer: No, there is no significant harm to discussing this. Outside of possibly getting bad advice, excessive advice, or complaints that others just aren't interest...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I charge my children interest when they borrow money? ### Answer: I think there's value in charging family members/friends interest if it will make them take the loan seriously. The problem is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I utilize my money as I begin grad school? ### Answer: For some ideas on investing priority guidelines, see Oversimplify it for me: the correct order of investing. Congratulations on being ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do with $4,000 cash and High Interest Debt? ### Answer: I see some merit in the other answers, which are all based on the snowball method. However, I would like to present an alternative...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does 83b election work when paying fair market value at time of grant? ### Answer: The tax cost at election should be zero. The appreciation is all capital gain beyond your basis, which will be t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Reconciling transactions reimbursing myself for expenses as self-employed (UK) ### Answer: For anyone that's curious, I had a number of chats with Quickbooks who recommended I import only the relevant...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Typical return for an IRA? How can I assess if my returns were decent? ### Answer: To try and address your 'how' it goes a bit like this. You need to first assess how your stuff is invested, if for ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I buy stocks of my current employer because of its high dividend yield? ### Answer: Dividend yields are a product of the dollar amount paid to shareholders and the stock price. Dividends yields...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Wash sale rule impact on different scenarios between different types of accounts ### Answer: Brokerage->Brokerage 13-16 The loss from the previous purchase will be added to the cost basis of the secur...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Help Understanding Market/Limit Orders and Bid/Ask Price ### Answer: Your logic breaks down because you assume that you are the only market participant on your side of the book and that the participan...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are solar cell panels and wind mills worth the money? ### Answer: I have personally known a family in the hills of Southern Oregon, US who lived off the electricity grid. As far as being "possible" ye...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Multiple SEO companies claiming I have a past-due invoice ### Answer: Reading stuff like this makes me want to go into the debt collection business. Just send letters to random people demanding money....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: best free web app or tools to track one's cash flow ### Answer: The answer to this question can be found in the related question Is there any online personal finance software without online banking? ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In Canada, can a limited corporation be used as an income tax shelter? ### Answer: This scheme doesn't work, because the combination of corporation tax, even the lower CCPC tax, plus the personal inco...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a budget comprise expenses, and/or revenue? ### Answer: Budget means both expenses and revenue. In quite a few cases, say personal finance, typically one refers to budget more from expenses point...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: To rebalance or not to rebalance ### Answer: An asset allocation formula is useful because it provides a way to manage risk. Rebalancing preserves your asset allocation. The investment risk of a well-...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If one owns 75% of company shares, does that mean that he would have to take upon himself 75% of the company's expenses? ### Answer: Another way to decide would be to do a fair valuation of the compan...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Help required on estimating SSA benefit amounts ### Answer: Some details in case you are interested: Being a defined benefit kind of pension plan, the formula for your Social Security benefits isn't t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the market rate of non-cash ISA fund administration fee in UK? ### Answer: Is he affiliated with the company charging this fee? If so, 1% is great. For him. You are correct, this is way too hi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are typical 401(k) plan fund choices so awful? ### Answer: 401k choices are awful because: The best remedy I have found is to roll over to an IRA when changing jobs. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate my real earnings from hourly temp-to-hire moving to salaried employee? ### Answer: Here's an alternative. There are hundreds, maybe thousands, of contract engineering firms ("job shop...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I determine ownership split on a franchise model? ### Answer: There is no one solution to every project finance problem. Two models might make sense in this situation, however. In this case, yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax benefits of recycling ### Answer: They are certainly only suggesting that the money you pay to recycle the bulbs is tax deductible as a donation, assuming that they are indeed a 501(c)(3) non-prof...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: US sanctions against foreign citizens ### Answer: US Sanctions are usually very nuanced and you should look them up yourself. It may be widely reported that "US sanctions X-country" and it may be wid...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should my finances look like at 18? ### Answer: I was in a similar situation at age 18/19, but not making quite as much money. I maxed out an IRA and bought savings bonds, although rates were dec...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If one owns 75% of company shares, does that mean that he would have to take upon himself 75% of the company's expenses? ### Answer: A firm is a separate legal person from its shareholders or owners (...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Making $100,000 USD per month, no idea what to do with it ### Answer: You want CFP or CFA who is also a fiduciary, meaning that by law they have to put your interests ahead of their own. Financial pla...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Making $100,000 USD per month, no idea what to do with it ### Answer: If you already have 500k in a Schwab brokerage account, go see your Schwab financial consultant. They will assign you one, no char...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would preferred shares have less potential for capital gain compared to common stock? ### Answer: I once bought both preferred and common shares in a bankrupt company. It is true that those prefe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would an ESOP issue physical shares or stock options (call options) to participating employees? ### Answer: Not necessarily. The abbreviation "ESOP" is ambiguous. There are at least 8 variations I k...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do most banks in Canada charge monthly fee? ### Answer: You have to check your contract to be sure what is it you're paying for. Typically, you get some of the following features which can be unav...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is the buy price different from the sell price of a stock? [duplicate] ### Answer: When there is a difference between the two ... no trading occurs. Let's look at an example: Investor A, B, C, and...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shorting versus selling to hedge risk ### Answer: It's not quite identical, due to fees, stock rights, and reporting & tax obligations. But the primary difference is that a person could have voting r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Question about MBS and how it pays ### Answer: A security is a class of financial instrument you can trade on the market. A share of stock is a kind of security, for example, as is a bond. In the cas...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best way to invest money as a 22 year old? ### Answer: What is the goal of the money? If it is to use in the short term, like savings for a car or college, then stick it in the bank and use it for th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why doesn't Japan just divide the Yen by 100? ### Answer: What benefit vs. what cost? Benefit - none that I can think of. Cost - massive. Every system that handles money would need to re-value overnig...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My tenant wants to pay rent through their company: Should this raise a red flag? ### Answer: Maybe you should consider setting up a Taxpayer Identification Number (TIN) for your business dealings as a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would it make sense to buy a rental property as an LLC and not in my own name? ### Answer: You need to first visit the website of whatever state you're looking to rent the property in and you're going...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it a good idea to teach children that work is linearly related to income? ### Answer: Completely linear? We don't do that. Our daughter has a fixed allowance, and we expect a certain amount of hel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a non dividend-paying product (say ETF) suddenly start paying dividends? ### Answer: Yes, absolutely. Consider Microsoft, Updated Jan. 17, 2003 11:59 p.m. ET Software giant Microsoft Corp., fi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tools for comparing costs between different healthcare providers? ### Answer: There really isn't any good ways that I'm aware of. (The exception is in New York or California, where hospitals must post...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Claiming business expenses for a business with no income ### Answer: Yes you can claim your business deductions if you are not making any income yet. But first you should decide what structure you wan...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do car rental companies prefer/require credit over debit cards? ### Answer: Deposit on a Debit Card have a different effect, and many people don't understand it (and make a big stink), or cannot a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Regarding Australian CBS takeover of TEN ### Answer: they are purchasing the company" is this correct? Yes this is correct. If I purchase a "company" here in Australia, I also purchase its assets and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Bitcoin Cost Basis Purchases ### Answer: As long as the IRS treats bitcoin as property, then whenever you use bitcoin to buy anything you are supposed to consider the capital gain or capital loss. The...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Saving $1,000+ per month…what should I do with it? ### Answer: Since you already have an emergency fund in place, focus your extra funds on paying off debts like student loans. While some have advised...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Sell home to buy another home for cash ### Answer: The cleanest way to accomplish this is to make the purchase of your new house contingent on the sale of your old one. Your offer should include that...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would I ever need credit card if my debit card is issued by MasterCard/Visa? ### Answer: Credit cards are often more fool proof, against over-drawing. Consider Bill has solid cash flow, but most of th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Contribute to both a SEP IRA and solo Roth 401(k)? ### Answer: In addition to the normal limits, A Solo 401(k) allows you to contribute up to 20% of net profits (sole proprietor) or 50% of salary (if ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do cash back credit cards give a higher rate for dining and gasoline purchases? ### Answer: These two categories ensure you will carry the card in your wallet (since they only work for physical lo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the pros and cons of buying an item on installments with zero percent interest? ### Answer: One small advantage to paying ahead is having an outstanding installment plan may preclude unlockin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to decide on split between large/mid/small cap on 401(k) and how often rebalance ### Answer: I really like keshlam's answer. Your age is also a consideration. If you make your own target fund by m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to improve stock purchase with limit orders accounting for volatility? ### Answer: If you can afford the cost and risk of 100 shares of stock, then just sell a put option. If you can o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Credit card statement dates follow pattern? ### Answer: My guess: they are giving you a constant number of days between when the bill is sent and when it is due. Due dates are usually set either: sa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can you find historical PEs of US indices? ### Answer: Internet sites Books Academic ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does an industry 'standard' have any affect on when a stock might split? ### Answer: You ask if Tesla being a car company should feel a pressure to split their stock because their share price is much ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay down on second mortage when underwater? ### Answer: I think everyone else answered before you added the info about your car loan in your comment. While it makes sense to pay off loans with the hig...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Landlord living in rental unit - tax implications? ### Answer: Does allowing family to stay at the rental jeopardize my depreciation? No, accumulated depreciation that hasn't been deducted reduces yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Asset allocation when retirement is already secure ### Answer: he general advice I get is that the younger you are the more higher risk investments you should include in your portfolio. I will be fran...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Retired, want to buy a mobile home; how to finance? ### Answer: Do you think your 403b will earn more than the mortgage interest rate? If so, then mortgage seems the way to go. Conservative investmen...
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 house quickly should be a #2-level priority, behind making sure you have some basic savings but definitely ahead ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options exist to make money in the US on a work-restricted visa? ### Answer: Are you planning to not pay taxes? Any time someone has income in the U.S., it is subject to U.S. taxes. You must file...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the meaning of “writing put options”? ### Answer: Write means sell to open. It is called that because options writers are creating (i.e. writing) new contracts. No such thing as "reading" an ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does money value normally decrease? ### Answer: You get paid interest on deposits because banks only keep a fraction of the deposits on-hand. The rest is put to other uses, such as loaning money t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to read bond yield quotes? What do the time, coupon, price, yield, and time mean? ### Answer: The first thing that it is important to note here is that the examples you have given are not individu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Entering the stock market in a poor economy ### Answer: Well, you probably already know this, but no-one can guarantee you results...in any economic climate. Even traditionally low risk investments n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How Should I Start my Finance Life and Invest? ### Answer: I'd suggest looking at something like the Dummies series of books for this. Something like: Sometimes the books are combined into one big b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there capital gains taxes or dividend taxes if I invest in the U.S. stock market from outside of the country? ### Answer: The country from which you purchase stock cannot charge you tax on either ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using stock markets in Europe, how can I buy commodities / resources, to diversify my portfolio? ### Answer: I recommend avoiding trading directly in commodities futures and options. If you're not pr...
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: It can be a good thing for the bank to refinance your loan for you - since you will be keeping the loan at that pa...