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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If a stock doesn't pay dividends, then why is the stock worth anything? ### Answer: This is an excellent question, one that I've pondered before as well. Here's how I've reconciled it in my mind. Why ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is the actual trade on exchanges processed for simple stock orders? ### Answer: The simple answer is, there are many ways for trades to take place. Some systems use order-matching software that e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the price of oil influence the value of currency? ### Answer: Because we need energy in the form of oil. If more of our money is spent on oil, there is less money to spend on other items esp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can an Indian citizen get exposure to global markets? ### Answer: It isn't just ETFs, you have normal mutual funds in India which invest internationally. This could be convenient if you don't alre...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ideal investments for a recent college grad with very high risk tolerance? ### Answer: I am in a very similar situation as you (software engineer, high disposable income). Maximize your contributions ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I use tax-advantaged investments to manage my wealth? ### Answer: These are some of the most popular tax-advantaged investments for building wealth and the requirements to partake in them: \n1...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is my employee stock purchase plan a risk free investment? ### Answer: It's a risk free investment only if you have 100% warranty that you will be able to sell these stocks for a better price than wha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I screen for stocks that are near to their 52 weeks low ### Answer: Although is not online, I use a standalone version from http://jstock.sourceforge.net It got drag-n-drop boxes, to let me des...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What can I replace Microsoft Money with, now that MS has abandoned it? ### Answer: Well, you could replace it with.. itself! Microsoft Money Plus Sunset versions The Microsoft Money Plus Sunset versio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy and sell stock at specific earnings ### Answer: Enjoy the free trades as long as they last, and take advantage of it since this is no longer functionally a tax on your potential profits. On a sid...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can it be possible that only ~10% of options expire worthless, and only ~10% are exercised? ### Answer: You gave your own answer - the 80% is positions, not contracts. Most actors on the option ma...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Advice for a college student interested in investment opportunities. ### Answer: Over a period of time most mutual funds do not perform better that an index fund. Picking and buying individual stock ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where are Bogleheadian World ETFs or Index funds? ### Answer: Half VTI (Vanguard Total Stock Market ETF) and half VEU (Vanguard FTSE All-World ex-US ETF), and stop futzing. The US is roughly half the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Am I considered in debt if I pay a mortgage? ### Answer: Yes, a mortgage is debt. It's unique in that you have a house which should be worth far more than the mortgage. After the mortgage crisis, man...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does short selling require borrowing? ### Answer: This can be best explained with an example. Bob thinks the price of a stock that Alice has is going to go down by the end of the week, so he borro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In the event of a corporate spin-off, how can I calculate the correct cost basis for each company's shares? ### Answer: From my understanding: Original Holding: Siemens - 10,000 units at 80 Euros/uni...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Financing a vehicle a few months before I expect to apply for a mortgage? ### Answer: If your debt will all be less than 25% gross (yes, I see you said take home) you are in great shape. I'd get the c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I invest in the S&P 500? ### Answer: Buy the ETF with ticker "SPY". This will give you exposure to exactly the S&P 500 stocks, This is similar to the mutual fund suggestion by Ben Miller, exc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Construction loan for new house replacing existing mortgaged house? ### Answer: So let's assume some values to better explain this. For simplicity, all of these are in thousands: So in this example, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Possible to use balance transfers to avoid interest with major credit cards? ### Answer: In theory, yes. In practice: So it can be gamed, but the odds are not on your side :) ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Indie Software Developers - How do I handle taxes? ### Answer: Congratulations! I would start with an attorney. As a 17 year old, you legally cannot sign contracts, so you're going to have to setup so...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Different ways of looking at P/E Ratio vs EPS ### Answer: Check your math... "two stocks, both with a P/E of 2 trading at $40 per share lets say, and one has an EPS of 5 whereas the other has an EPS o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Withholding for unexpected Short-Term Capital Gains and Penalties ### Answer: My understanding (I've never filed one myself) is that the 1040ES is intended to allow you to file quarterly and report un...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Implied or historical volatility to calculate theoretical options price with black scholes? ### Answer: Option pricing models used by exchanges to calculate settlement prices (premiums) use a volatili...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I bring money overseas? ### Answer: I'm an Australian who just got back from a trip to Malaysia for two weeks over the New Year, so this feels a bit like dejavu! I set up a 28 Degrees credit ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay off my car loan within the year? ### Answer: Pay it off....I've only ever paid interest on mortgages to buy the houses I've lived in (I paid both mortgages of years ahead of schedule) & a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Smart to buy a house in college? ### Answer: If you don't plan to stay in it, it is never good money to try to buy a house in a bad neighborhood. The question you want to be asking is probably "Is it ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are my risks of early assignment? ### Answer: One reason this happens is due to dividends. If the dividend amount is greater than the time value left on a call, it can make sense to exercise earl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it common in the US not to pay medical bills? ### Answer: Is it common in the US not to pay medical bills? Or do I misunderstood what had been said? I would feel comfortable saying that most people...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Owner-Financed home sale or Land Contract — how to handle the transaction and the ongoing entity? ### Answer: Great question, but I'm thinking you'll want to get a professional who can look at your sp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How long do wire transfers take? ### Answer: The experience I have with wire transfers is from Australia to the US. These transfers can take up to 5 business dates (i.e. a whole week including the non...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is this type of risk-free investment called? ### Answer: The name of this type of investment is Capital Guaranteed Investment, and yes they do exist, some financial institutions do offer them fro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does financial investor bother to buy derivatives and then hedge the position? ### Answer: Sometimes hedging is used if you have a position and you feel the market is going against your position, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Car dealers offering lower prices when financing a used car ### Answer: It is a legitimate practice. The dealers do get the loan money "up front" because they're not holding the loan themselves; they ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does a stock's price fluctuate so often, even when fresh news isn't available? ### Answer: It's the buying and selling of the stock that causes the fluctuation in prices, not the news. People buy ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is Chit funds. And how to invest in it? ### Answer: Chit funds started as group of people pooling money every month and drawing a lot to determine who would get the entire funds that month. For e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Credit card grace period for pay, wait 1 day, charge? ### Answer: If I understand you correctly, no you shouldn't be charged interest. Lets say you have a billing cycle of monthly (which usually isn't...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much money are you actually trading with options? ### Answer: You would have paid $880.00 plus commission in this case, and made $85 before commissions. How much you would have made on expiration ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Beginner questions about stock market ### Answer: First, welcome to Money.SE. If you are interested in saving and investing, this is a great site to visit. Please take the tour and just start to read ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the pros and cons of investing in a closed-end fund? ### Answer: Pro: - Faces less redemption pressure and hence the Fund Manager can focus more on long term gains rather than immediate gain...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do individual stocks have futures trading ### Answer: Things very similar to the idea of a "future" that routinely apply to single stocks are "warrants" and "options". ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would we need a “stop-limit order” for selling? ### Answer: An important thing that many people fail to realize is that the number of shares outstanding in a stock, times the current market price ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why should we expect stocks to go up in the long term? ### Answer: Companies are expected to make a profit, otherwise there is no point to their existence and no motivation for investment. That profit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Townhouse or stand-alone house for a first home? ### Answer: If you buy a townhouse, you often are in a condominium arrangement in the US (when you're really in a rowhouse in particular). So that's a...
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: These are two rather distinct questions; only one of which is relevant to a Money web site. In general, the investment is questionable...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I am moving to a new city. How do I plan and prepare - financially - for the move? ### Answer: Some of the costs you might incur include: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any reason to keep around my account with my old, 'big' bank? ### Answer: From my experience, payments from banks and other financial entities, such as loyalty programs, generally aren't as large as p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the best way to make money from a market correction? ### Answer: There are several ways to protect against (or even profit from) a market correction. Hedge funds do this by hedging, that is, bu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are SPDR funds good for beginners? ### Answer: No, SPDR ETFs are not a good fit for a novice investor with a low level of financial literacy. In fact, there is no investment that is safe for an absol...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should we park our money in our escrow account? ### Answer: The likely outcome of adding extra money to your escrow account is that the bank will send you a check for excess funds at the end of the ye...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I've tracked my spending and have created a budget, now what do I do with it? ### Answer: Having been in exactly this position (not in a debt hole, built a budget to get a better view of what spending...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do some people say a house “not an investment”? ### Answer: I invested in single family homes and made ok. Houses can be an investment. (though the OP seems to equate "house" with primary residen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dollar-cost averaging: How often should one use it? What criteria to use when choosing stocks to apply it to? ### Answer: How often should one use dollar-cost averaging? Trivially, a dollar cost avera...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I invest in my house, when it's in my wife's name? ### Answer: The prenup complicates things. The traditional vow of a marriage is "What's mine is yours, what's yours is mine". With such a trad...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay off a 0% car loan? ### Answer: The precise answer depends on the terms and conditions of the loan, and whether you can reasonably expect to meet them. For example, if you keep the loan, m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: US citizen transferring money to Indian fiance to buy property ### Answer: A. Kindly avoid taking dollars in form of cash to india unless and until it is an emergency. Once the dollar value is in exce...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I find filings of HUD-1 statements? ### Answer: Three companies may have copies of it: the bank, the Title Company (aka settlement company), and perhaps the real estate agent. The bank (assu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do volatility stocks/ETFs (TVIX, VXX, UVXY) trend down in the long-term? ### Answer: In an attempt to express this complicated fact in lay terms I shall focus exclusively on the most influential f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm thinking about selling some original artwork: when does the government start caring about sales tax and income tax and such? ### Answer: If you sell through an intermediate who sets up the shop fo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying my first car out of college ### Answer: Buy the BMW and enjoy it. An MBA? Now that is a true waste of money. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Nanny taxes and payroll service ### Answer: For Federal Return, Schedule H and its Instructions are a great start. You are the nanny's employer, and are responsible for FICA (social security and medi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I get a bill (e.g. for internet service), is that a debt I owe? If no, what are the practical difference between a bill and a debt? ### Answer: A debt is created when the service is rendered or the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: The board of directors in companies ### Answer: Boards of Directors are required for corporations by nearly all jurisdictions. Some jurisdictions have almost self-defeating requirements however, such...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: devastated with our retirement money that we have left ### Answer: I'll be blunt. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I evaluate risk exposure to my U.K. bank in light of the possible collapse of the Euro or Eurozone economies? ### Answer: You could evaluate the risk exposure of your UK bank reading this post ...
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: According to my wife who used to work in the industry, since an investment mortgage is more likely to fail ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are useful indexes for rapid evaluation of country investment risk? ### Answer: Rather than using the Human Development Index or Ease of Doing Business, if you primary purpose is for investments,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Query regarding international transaction between governments ### Answer: $USD, electronic or otherwise, are not created/destroyed during international transactions. If India wants to buy an F-16s, at...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a way to claim a car purchase in the tax return? ### Answer: IRS Publication 463 is a great resource to help you understand what you can and can't deduct. It's not a yes/no question, it depe...
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: The earlier you are in your career, the more willing you should be to take a better opportunity even if it has a short-term financial cost. You g...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I get a home loan within 2 years of bankruptcy? ### Answer: Your only option might be finding a seller-financed property with a motivated seller who is willing to take the risk of loaning you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Health Insurance and Disability Question ### Answer: Sorry to hear about your spouse's health issues. May he have a speedy and, as far as possible, full recovery. The Patient Protectection and Afforda...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I actually get a share of stock issued with a piece of paper anymore? ### Answer: Yes you can get them from your broker. Two main advantages I can see are: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Small investing for spending money? ### Answer: Just to offer another alternative, consider Certificates of Deposit (CDs) at an FDIC insured bank or credit union for small or short-term investments. I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I need to prove 'Garage Sale' items incurred a loss ### Answer: -Alain Wertheimer I'm a hobbyist... Most (probably all) of those older items were sold both prior to my establishing the LLC This is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why aren't bond mutual funds seeing huge selloffs now? ### Answer: Since 1971, mortgage interest rates have never been more than .25% below current rates (3.6%). Even restricting just to the last fou...
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: Writing options means "selling" options and "put" options are contracts to sell a defined security (the underlying), at a specific date (expir...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would people sell a stock below the current price? ### Answer: The person may just want to get out of that position in order to buy a different stock, he or she feels may go up faster. There is re...
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: There are a host of programs in the US to help low/no-income seniors: Many states discount property taxes for the elderly as well. No...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I make over 120k a year, what are my options for retirement plans? ### Answer: The other alternative: just invest it in tax-efficient investments. You will have limited tax-deferral options outside...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there cons to paying monthly bills with a rewards card and then paying it off monthly? ### Answer: Pitfalls of paying plastic That being said, you can also find cards that have better than the 1% ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What ways are there for us to earn a little extra side money? ### Answer: Congratulations to you and good luck and good health with the baby. I had a friend in a similar situation, and I told him that...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do bank statements end on *SUCH* wildly inconsistent days of the month? ### Answer: They need to spread the work for all customers over the whole month, and they don't work on weekends. Combine th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to change stock quantity in KMyMoney investment editor? ### Answer: I can't give you a detailed answer because I'm away from the computer where I use kMyMoney, but IIRC to add investments you have...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the different types of investments I can make for wealth management? ### Answer: Investing involves deploying capital (money) toward projects or activities that are expected to generate a pos...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do governments borrow money instead of printing it? ### Answer: I believe there are two ways new money is created: My favorite description of this (money creation) comes from Chris Martenson: the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to sell a stock at a higher value than the market price? ### Answer: Yes You could write a covered call and the stock gets called away at the price + premium. You could convince someo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should the price of fuel in Australia at this point be so high? ### Answer: First price isn't artificially maintained at a level. When a refining company signs a contract to buy crude from a supplier,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I borrow against my IRA to pay off debt or pay for a car? ### Answer: No. Borrowing is not allowed, but if you take a withdrawal, you have 60 days to deposit into another IRA account. This effecti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens when a non-U.S. citizen who's been making money from the U.S. moves to the U.S.? ### Answer: Its not for US citizens - its for US residents. If the US considers you as a tax resident - yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there such thing as a Checking account requiring pre-approval / white-list? ### Answer: The account you are looking for is called a "Positive Pay" account. It generally is only for business accoun...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For SSI, is “authorized user” status on a bank account the same as “ownership”? ### Answer: Having dealt with with Social Security, state agencies, and banks more than I'd care to, I would urge you to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Value of a call option spread ### Answer: The Explanation is correct. The Traders buys the 1st call and profits linearly form 40$ onwards. At at 45 the short call kick in and neutralizes any further p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: TDAmeritrade Quote Summary TREE vs APRN ### Answer: I suspect this is related to the fact that Blue Apron completed its IPO very recently and insider shares are likely still under a lockup period. So...
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: Speculation means putting your money on a hunch that some event may occur, depending on current circumstances and some future circ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a company care about the price of its own shares in the stock market? ### Answer: Aside of the other (mostly valid) answers, share price is the most common method of valuating the company. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How are credit unions initially financed ### Answer: ​Estimated Start-Up and Operating Costs in Chartering a Credit Union notes in part: Given the significant costs involved, most groups seek grant mo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should an IRA be disclaimed to allow it to be distributed according to a will? ### Answer: She is very wrong. If the IRA is a traditional, i.e. A pretax IRA (not a Roth), all withdrawals are subject ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 2008-2009 Stock Market Crash — what caused the second drop? ### Answer: First, I would like to use a better chart. In my opinion, a close of day line chart obscures a lot of important information. H...
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: One problem with this plan is that the individual must have earned income to contribute to a Roth IRA. If you have an infant, unless s...