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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I investigate historical effect of Rebalancing on Return and Standard Deviation? ### Answer: From Vanguard's Best practices for portfolio rebalancing: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is a stock dividend considered a dividend? What makes it different from a stock split? ### Answer: A stock dividend converts some of the reserves and surplus on the company's balance sheet into pa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Prepaying a loan: Shouldn't the interest be recalculated like a shorter loan? ### Answer: Loans do not carry an "interest balance". You can not pay off "all the interest". The only way to reduce the i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Getting over that financial unease? Budgeting advice ### Answer: Put your budget down on paper/spreadsheet/tool of choice (e.g Mint, YNAB, Excel). Track every cent for a few months. Seeing it writte...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I need a car for 2 years. Buy or lease (or something else)? ### Answer: Any one of your three options is viable and has its advantages and disadvantages. Personally, I would go for the used option, bu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much do big firms and investors affect the stock market? ### Answer: It's not either or. Much of the time the value of the stock has some tangible relation to the financial prospects of the compa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What publicly available software do professional stock traders use for stock analysis? ### Answer: Factset also provides a host of tools for analysis. Not many people know as they aren't as prevalent ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can this be enough to fund a scholarship in perpetuity? ### Answer: Some historical and mathematical insights as a complement to existing answers. History. I found it astonishing that already in ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: On paper I have 1 share in my company. How can I sell a smaller percentage of my company to another party? ### Answer: There are 2 basic ways to have someone buy partial ownership of your company: OR ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Changing the price in a limit order ### Answer: This depends on the stock exchange in question. Generally if you modify an existing order [including GTC], these are internally treated as Cancel/Replac...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do the tax consequences make it worth it for me to hold ESPP stock? ### Answer: I think people in general tend to unnecessarily over-complicate this issue. Here's what I think you should do in any si...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Am I eligible for a student maintenance loan? ### Answer: Looking at https://www.gov.uk/student-finance/who-qualifies, it says: You can only apply if: As you meet all three requirements I think you ar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Everyone got a raise to them same amount, lost my higher pay than the newer employees ### Answer: The same thing happened to me when I worked retail during my college years. I agree that it is unfair ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a self-employed person have a Health Savings Account? ### Answer: Whether you can establish an HSA has nothing to do with your employment status or your retirement plan. It has to do with the type...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is being a landlord a good idea? Is there a lot of risk? ### Answer: If you are able to buy a 150K home for 50K now that would be a good deal! However, you can't you have to borrow 100K in order to m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't banks print their own paper money / bank notes? ### Answer: In Scotland, each bank issues its own separate notes. It's not uncommon to see identical-valued £10 notes, for example, from three...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the tax liabilities or impact for selling gold? ### Answer: For reporting purposes, I would treat the purchase and sale of gold like a purchase and sale of a stock. The place to do so is Sche...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Making a big purchase over $2500. I have the money to cover it. Should I get a loan or just place it on credit? ### Answer: There are a couple of things to consider here that are relevant to your situ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would I qualify for a USDA loan? ### Answer: Just general advice but you should pay off your credit cards and car loans before buying a house. Or you may be able to add some extra on to the mortgage t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Accepting high volatility for high long-term returns ### Answer: Modern portfolio theory dramatically underestimates the risk of the recommended assets. This is because so few underlying assets are i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Relation between inflation rates and interest rates ### Answer: I haven't read the terms here but the question may not have a good answer. That won't stop me from trying. Call the real rate (intere...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Company is late in paying my corporate credit card statement - will it hurt my credit? ### Answer: According to an article on Bankrate.com from 2011, yes, it can hurt your credit: With individual liab...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I figure out how a stock's price would change after I buy shares? ### Answer: It is possible to figure out the next price. Just not for Joe Average. A stock exchange has a orderbook. This has ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do Americans still need extra health care / medical insurance after reform to health care? [U.S.] ### Answer: I think it is too early to tell. They changed so many variables in an incredibly complex s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to quantify the probability of sudden big movements for a high-volume stock? ### Answer: In general, when companies are regarded as "hot" growth stocks, they are expected to keep up an ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are car buying services worth it? ### Answer: I haven't heard of these before! (And I'm on the board of a Credit Union.) The 0.99% on loans is great. It's especially great on a used car: the steep p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Free service for automatic email stock alert when target price is met? ### Answer: If you're a customer, TD Ameritrade has a really robust alerting system. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I evaluate a health insurance policy that covers a specific disease? ### Answer: These policies are usually called dread disease policies or critical illness insurance, and they normally aren't...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What do brokers do with bad stock? ### Answer: You have to consider a case where you just cannot sell it. Think of it as a bad piece of real estate in Detroit. If there are absolutely no buyers, you c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay index fund expense ratios with cash instead of fund balance ### Answer: It seems at most a cosmetic difference - nothing keeps you from adding the 9$ cash to the fund the same day the fees are ded...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: New car price was negotiated as a “cash deal”. Will the price change if I finance instead? ### Answer: I am a carsalesman. Lets get one thing straight, we are not allowed to give people a better deal...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Making your first million… is easy! (??) ### Answer: It is difficult to become a millionaire in the short term (a few years) working at a 9-to-5 job, unless you get lucky (win the lottery, inheritance...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Freehold and Leasehold for Pub/Bar? ### Answer: In the strictest sense of the words, Freehold and leasehold mean what you think they do. Freehold is that you own it outright and leasehold is a rental ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Switch from DINK to SIWK: How do people afford kids? ### Answer: It is simple: G-d provides :). EDIT: By "it" I mean the answer to the question asked. Raising kids is not so simple; G-d does provide :...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which tax year does a bonus fall under? ### Answer: From HMRC Note that the rule is when a person becomes entitled to payment of earnings. This is not necessarily the same as the date on which an empl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is this follow-up after a car crash a potential scam? ### Answer: I would write them a check or give them cash money. There are payment receipt forms available online, you can print one of have them f...
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: Zoopla may not always accurately reflect the market price. Your best bet is to get a quote for local registered)...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to manage paying expenses when moving to a weekly pay schedule and with a pay increase? ### Answer: This is really just a matter of planning. It's good that you don't want the train to go off the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I always pay my credit at the last day possible to maximize my savings interest? ### Answer: To avoid nitpicks, i state up front that this answer is applicable to the US; Europeans, Asians, Can...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does the average log-return value of a stock mean? ### Answer: Probably the best way to investigate this is to look at an example. First, as the commenters above have already said, the log-return...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the difference between a scrip dividend and a stock split? ### Answer: Investopedia has a good definition. Stock dividends are similar to cash dividends; however, instead of cash, a company pa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I exercise underwater ISOs, can I claim a loss? ### Answer: If you do this, you own a stock worth $1, with a basis of $2. The loss doesn't get realized until the shares are sold. Of course, we hope...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a reason to buy a 0% yield bond? ### Answer: No, there isn't. There are a number of reasons that institutions buy these bonds but as an individual you're likely better off in a low-yield cash...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: how much of foreign exchange (forex/fx) “deep liquidity” is really just unbacked leverage and what is the effect? ### Answer: I'd think that liquidity and speed are prioritized (even over retail broke...
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: Would it make sense to take a loan from a relative... Other people have pointed this out, but honestly, I'd be ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Little hazy on how the entire RSU's and etrade works ### Answer: Is the remaining amount tax free? As in, if the amount shown (which I can sell) on etrade is $5000 then if I sell the entire shares wil...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to fill the IRS Offer In Compromise with an underwater asset? ### Answer: You're supposed to be filling form 433-A. Vehicles are on line 18. You will fill there the current fair value of the car a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Be a partner, CTO or just a freelancer? ### Answer: Being a CTO is different than freelancing, obviously. You have to ask yourself what you would more prefer to do! My initial recommendation would be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Taxable income on full-time job + business earnings ### Answer: In Australia, any income you earn is taxable despite where it came from. Using your example your taxable income is $70,000. Keep in mind...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where should I park my money if I'm pessimistic about the economy and I think there will be high inflation? ### Answer: Typically in a developed / developing economy if there is high overall inflation...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is stock price determined? ### Answer: You can interpret prices in any way you wish, but the commonly quoted "price" is the last price traded. If your broker routes those orders, unlikely because ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Understanding summary of brokerage account value, cash balance, buying power? ### Answer: Here you go: I'll leave the last question as an exercise to the reader. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying real estate with cash ### Answer: To give the seller cash at the closing, you will need to borrow the money ahead of time, which means a mortgage is out. A bank will only make a mortgage if the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I claim tax back from whilst I was working in Austria? ### Answer: I don't have any specific situation on the situation in Austria, but in general there are a few things that you should keep i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: IRA contributions in a bear (bad) market: Should I build up cash savings instead? ### Answer: The first two answers to this are very good, but I feel like there are a couple of points they left out th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What US tax laws apply to a 13 year old game developer? ### Answer: 13 or 30, the only real difference is that as a minor, you are claimed as a dependent on your parent's return, so you don't have you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: UK - reclaim VAT on purchases for freelance work ### Answer: You are either VAT registered or you are not VAT registered. If you are not VAT registered, then you are not allowed to charge customers V...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get started with the stock market? [duplicate] ### Answer: You can try paper trading to sharpen your investing skills(identifying stocks to invest, how much money to allocate and stuff) but not...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: FTB sent refund check for 2011 during audit; Does this really mean that whole audit is over for 2011? ### Answer: Not it doesn't, and yes they can. If the audit is closed, you should have received inv...
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 should consider when managing my wealth? ### Answer: Tips to help you manage and boost your retirement savings — whatever your age: focus on starting toda...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ensuring payment from client ### Answer: You should absolutely have a contract between you and your client stipulating the quid-pro-quos of the arrangement. They get the product, you get the money. Fi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm thinking of getting a new car … why shouldn't I LEASE one? ### Answer: You SHOULDN'T lease one if you are going to get an economy car, if you don't drive too much (<15K / year), and you want to ha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mortgage company withholding insurance proceeds ### Answer: My question is, how do you rebuild a home, without the money to rebuild the home? I ignorantly thought that was why we paid for insurance. T...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In what state should I register my web-based LLC? ### Answer: I would prefer to see you register in your home state, and then focus on making money, rather than spending time looking to game the syste...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate Stamp duty of North Territory in Australia? ### Answer: The formula is actually as follows: (0.06571441 * V^2) + 15 * V, where V is the value divided by 1,000 which gives us AU$ 23,92...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I report this cash bonus/tip on income tax return? ### Answer: How do I report this on our income tax return? You should include it on Line 7 of your Form 1040. Additionally, you should repor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: W2 vs 1099 Employee status ### Answer: In general What does this mean? Assume 10 holidays and 2 weeks of vacation. So you will report to the office for 240 days (48 weeks * 5 days a week). If you ar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Alternatives to Intuit's PayTrust service for online bill viewing and bill payment? ### Answer: Ally bank has a free billpay service where you have the option of paying bills via eBills. Though I use ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: ETF vs Mutual Fund: How to decide which to use for investing in a popular index? ### Answer: If you just want to track an index, then ETFs are, generally speaking, the better way. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Purpose of having good credit when you are well-off? ### Answer: Credit in general having no significant change between an income level or net worth is due to the economic reciprocity principle inhere...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are some long term investors so concerned about their entry price? ### Answer: I'm not sure who specifically you are talking about. Those are some pretty broad generalizations. Where do you draw t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is not paying off mortgage better in normal circumstances? ### Answer: In some respects the analysis for this question is similar to comparing a "safe" return on a government bond vs. holding the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does Yahoo Finance list the 10y T note (TNX) at 1/10 of CBOE and Google Finance? ### Answer: The CBOE states, in an investor's guide to Interest Rate Options: The Options’ Underlying Values Unde...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some good ways to control costs for groceries? ### Answer: For a while I tried shopping multiple grocery stores, checking fliers each week from three different stores and then making the trip...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Merits of buying apartment houses and renting them ### Answer: Hitting the 25% marginal rate does not mean all of your earnings are taxed at 25%, only those that exceed the top of the 15% bracket. You...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do grocery stores in the U.S. offer cash back so eagerly? ### Answer: The reason is, stores want customers to use cash. By giving us cash, we are more likely to use cash next time. I feel a litt...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Covered calls: How to handle this trade? ### Answer: Your broker likely didn't close your position out because it is a covered position. Why interfere with a trade that has no risk to it, from their p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What price can *I* buy IPO shares for? ### Answer: If you participate in an IPO, you specify how many shares you're willing to buy and the maximum price you're willing to pay. All the investors who ar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the risks & rewards of being a self-employed independent contractor / consultant vs. being a permanent employee? ### Answer: When I worked for myself it was bad because But Ultimately I gave ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does my broker (optionsXpress) calculate probabilities that the stock will hit a certain price? ### Answer: This chart concerns an option contract, not a stock. The method of analysis is to assume...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a company have 2 listings on the same exchange? ### Answer: A company can issue different kinds of shares. For example, some kinds of shares may get preference in dividends or payment in eve...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dow Jones Industrial Average (DJIA), NASDAQ 100, and S&P 500 index historical membership listing? ### Answer: Dow Jones: http://en.wikipedia.org/wiki/Historical_components_of_the_Dow_Jones_Industrial_...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can a credit card company make any money off me? I have a no-fee card and pay my balance on time ### Answer: Ever wonder why certain businesses won't accept certain credit cards? (The sign above t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are American-style options worth more than European-style options? ### Answer: The value of an option has 2 components, the extrinsic or time value element and the intrinsic value from the differe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Trading US stocks from India ### Answer: I believe I have to pay taxes in US since it is a US broker. No, not at all. The fact that the broker is a US broker has nothing to do with your tax liabilitie...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What can make a stock price rise without good news or results? ### Answer: The simple answer could be that one or more "people" decided to buy. By "people," I don't mean individual buyers of 100 share...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay off my student loan before buying a house? ### Answer: It might be a good idea, because later in life if a large expense shows up or an income source disappears, you will only have the mo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I really pay off my entire credit card balance each month or should I maintain some balance? ### Answer: I think you got the message mixed up a little: Racking up big balances can hurt your sco...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are daily rebalanced inverse/leveraged ETFs bad for long term investing? ### Answer: In addition to the excellent answers here I might suggest a reason for investing in leveraged funds and the ori...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best way to get a “rough” home appraisal prior to starting the refinance process? ### Answer: It's extremely easy to get a rough valuation of your home. Just phone a real estate agent. Vir...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Didn't apply for credit card but got an application denied letter? ### Answer: I would keep the letter in a file for follow-up, and I would do what you are already planning to do and wait to see what ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is ScholarShare a legitimate entity for a 529 plan in California? ### Answer: For a parent deciding on contributing to a 529 plan the first consideration is the plan run by the state government that w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do stock splits make one's shares double in voting power? ### Answer: Ordinarily a stock split increases all shareholders' share counts, so that there is no change in anybody's voting power. For exam...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What gives non-dividend stocks value to purchasers? [duplicate] ### Answer: Also note that a share of voting stock is a vote at the stockholder's meeting, whether it's dividend or non-dividend. That h...
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: The social security administration has a webpage to get your Social Security estimate. It replaces the yearly estimate they used to mail eve...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Student loan payments and opportunity costs ### Answer: My recommendation would be to pay off your student loan debt as soon as possible. You mention that the difference between your student loan and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Starting with Stocks or Forex? ### Answer: I took a course in forex trading for 3 months. I also studied financial markets in the Uni. I have been saving in order to start investing but I face the sam...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: New Pooled Registered Pension Plan details? ### Answer: The general idea of the PRPP is so that small business who cannot afford to offer a plan alone will be able to pool resources with others along ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Professional investment planning for small net-worth individual in bearish market ### Answer: You're going to have a hard time finding a legit investment planner that is willing to do things like take...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a online only bank protect itself against fraud? ### Answer: @ Daniel Anderson shared interesting insights. In my research I learned a few things Some interesting data on fraud trends AFP Pa...