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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What exactly is a “bad,” “standard,” or “good” annual raise? If I am told a hard percentage and don't get it, should I look elsewhere? ### Answer: There are many variables to this answer. One is, how ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do stores and manufacturers use mail in rebates? A scam, or is there a way to use them effectively? ### Answer: It's an effective way to achieve market segmentation without having to ask your cust...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can one get a house mortgage without buying a house? ### Answer: Not unless you have something else to put up as collateral. The bank wants a basic assurance that you're not going to immediately move ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Hdgs to be removed from the S&P/ASX Indices ### Answer: As I said in the comments, from the SMH article, you will get $3.30 per share you hold in Wotif. The bit about Wotif veing replaced in the S&P A...
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: If you're sure you want to go the high risk route: You could consider hot stocks or even bonds for companies/coun...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What choices should I consider for investing money that I will need in two years? ### Answer: Are you going to South Africa or from? (Looking on your profile for this info.) If you're going to South ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investments beyond RRSP and TFSA, in non-registered accounts? ### Answer: You haven't looked very far if you didn't find index tracking exchange-traded funds (ETFs) on the Toronto Stock Exchange. Ther...
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: Because this is Money.SE and you're connecting it to offspring, I'd think about a discussion with them to get their agreements....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do Options take Dividend into account? ### Answer: No can't make quick bucks. It depends very much on what the strike price was. Dividends which are below 10% of the market value of the underlying s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the financial advice my elderly relative received legal/ethical? ### Answer: I can't speak about the UK, but here in the US, 1% is on the cheap side for professional management. For example Fideli...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the formula for the Tesla Finance calculation? ### Answer: From here The formula is M = P * ( J / (1 - (1 + J)^ -N)). M: monthly payment RESULT = 980.441... P: principal or amount of loan 6396...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happened in Argentina in 2001 bank sector? did the banks closed? all or some? ### Answer: One place you might consider looking for answers is in case studies from Harvard Business School. When I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: ESPP advantages and disadvantages ### Answer: It would be difficult to answer without knowing specifics about a particular offer. In certain cases, it's definitely great and one could become a million...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you buy gift cards at grocery store to receive a higher reward rate? ### Answer: In a similar situation I wrote about How I Made $4,000+ on a Cash Back Credit Card Offer. The total was actually $4...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Am I still building a credit score if I use my credit card like a debit card? ### Answer: I strongly suggest you look at CreditKarma and see how each aspect of what you are doing impacts your score. H...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does a long/purchased call option have a long position in the option itself? ### Answer: Being long the call is being long the option. The call is a type of option. A put is a type of option If yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I switch/rollover my IRA to a Gold IRA at Regal Assets? ### Answer: Advantages of Gold IRA (regardless of where you're holding it): Disadvantages of Gold IRA: Instead, you can invest in trust f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does working in finance firms improve a person's finance knowledge? ### Answer: Depends on what work you're doing. If you aren't doing a job which involves working with and understanding the data, pro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I exclude bonds from our retirement investment portfolio if our time horizon is still long enough? ### Answer: I've had the same thoughts recently and after reading Investing at Level 3 by Jame...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would refinancing my mortgage increase my PMI, even though rates are lower? ### Answer: There are deals out there which allow refinancing up to 125% of appraised value so long as you have a solid ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I keep an S-Corporation open when it has no revenues ### Answer: If you have no net income or loss, you can usually get away without filing a tax return. In Illinois, the standard is: Filing R...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it a bad idea to invest a student loan? ### Answer: This answer is better served as a comment but I don't have enough rep. It is not guaranteed that they 'do not accrue interest while you are a fu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I go about finding an honest & ethical financial advisor? ### Answer: You want a fee-only advisor. He charges like an architect or plumber: by the hour or some other "flat fee". That is his on...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If a startup can always issue new shares, what value is there to stocks/options? ### Answer: The short answer, probably not much. Unless you have a controlling interest in the company. If at least 5...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Transferring money between two banks ### Answer: The US (in fact the global) banking industry is subject to Anti-Money Laundering & Counter-Terrorism funding laws, slowing down funds transfer eliminat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What can I do with a physical stock certificate for a now-mutual company? ### Answer: I found the following on a stock to mutual conversion for insurance firms for Ohio. Pulling from that link, Any d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have a horrible 401k plan, with high expenses. Should I stay with it or move my money elsewhere? ### Answer: The first question is essentially asking for specific investment advice which is off-top...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it normal that US Treasury bills(0.07%) yield smaller than interest rate(0.25%)? ### Answer: I have been charting the CPI reported inflation rate vs . the yeald on the 10-year T-note. Usually, the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does “profits to the shareholders jumped to 15 cents a share” mean? ### Answer: It means that the company earned 15 cents per share in the most recently reported quarter. Share price may or not b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do stores and manufacturers use mail in rebates? A scam, or is there a way to use them effectively? ### Answer: Some notable percentage of buyers won't even try to do the rebate, or will forget - ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is insider trading exactly? ### Answer: Insider trading is any trading done on material non-public information relating to an instrument. If my sister, who works for a drugs testing company, tel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: About to start being an Independent Contractor - Any advice on estimating taxes? ### Answer: One possibility that I use: I set up an LLC and get paid through that entity. Then I set up a payroll servi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I spend too much money. How can I get on the path to a frugal lifestyle? ### Answer: Gail Vaz-Oxlade from the television show Til Debt Do Us Part has a great interactive budget worksheet that helps yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do stocks tend to trade at high volumes at the end of (or start) the trading day? ### Answer: Trading volumes are higher at the end of the day as many traders close their open positions. In the mo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What do “cake and underwear” stocks refer to? ### Answer: I interpret that to mean "vice" stocks and necessities. "Cake" may just be a nicer way of saying "sin" (see The Virtues of Vice Stocks) and i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is the bid-ask spread considered a cost? ### Answer: Your assets are marked to market. If you buy at X, and the market is bidding at 99.9% * X then you've already lost 0.1%. This is a market value...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Credit balance on new credit card ### Answer: Things are generally fine. A credit balance is not a horrible thing. The argument against maintaining a credit balance is that you are essentially loan...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What debts are both partners liable for in a 'community property' state? ### Answer: No two states have the same exact laws regarding community property. I would recommend asking a competent financia...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is street-side booking? ### Answer: The way I would use it is, every trade done by a broker has a client side and a street side. The client side is for their brokerage account, and the street si...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Money market account for emergency savings ### Answer: Most emergencies are less than 1,000 in nature. As such I would keep at least that amount in a checking/savings account at the bank from which y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the difference between a bond and a debenture? ### Answer: Some additional links which explain their differences. But mostly as @bstpierre says, both are very similar and in some cases the ter...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In what cases can states tax non-residents? ### Answer: From the Massachusetts Department of Revenue: 1st - Massachusetts Source Income That is Excluded Massachusetts gross income excludes certain...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much percent of my salary should I use to invest in company stock? ### Answer: What most respondents are forgetting, is when a company allows its employees to purchase its shares at a discount wit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is legal sending dollars to someone in Mexico, and sending them back for profit? ### Answer: It is certainly legal to transfer money between people, no matter how often, as long as the money is not or...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I know if a dividend stock is “safe” and not a “dividend yield trap”? ### Answer: zPesk has a great answer about dividends generally, but to answer your question specifically about yield traps,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is selling put options an advisable strategy for a retiree to generate stable income? ### Answer: I am close to retirement and sell cash secured puts and covered calls on a regular basis. I make 15 %...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to withdraw money from currency account without having to lose so much to currency conversion? ### Answer: If I understand your question, you're misunderstanding the buy/sell spread, and at least ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Debt collector has wrong person and is contacting my employer ### Answer: This seems very suspicious, as if it were fraud, and not a legitimate collector. Garnishing wages takes a court order. A cour...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should a high-school student invest their (relative meager) savings? ### Answer: You should invest in that with the best possible outcome. Right now that is in yourself. Your greatest wealth buildin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Incorporating real-world parameters into simulated(paper) trading ### Answer: I think you're on the wrong track. Getting more and more samples from the real world does not make your backtest more acc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does it make sense to take out student loans to start an IRA? ### Answer: I will split my answer in a few sections... Note: I will not address the legal aspect of the question. If you can or not use F...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Cons of withdrawing money from an Roth IRA account? ### Answer: First thing to note is that contributions (i.e. the total of all the amounts that you directly contributed into Roth IRA at any point in...
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: Something I'd like to plant firmly into your mind - If you're able to save up enough money to buy the things you want outright, credit will be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it worth it to buy TurboTax Premier over Deluxe if I sold investments in a taxable account? ### Answer: For tax year 2014, TurboTax Deluxe no longer supports Schedule D.* TurboTax Premier is requi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 1040 or 1040NR this time? ### Answer: 1040 or 1040NR depends on whether you are a resident alien or nonresident alien -- 1040/1040A/1040EZ for resident aliens, and 1040NR/1040NR-EZ for nonresident ali...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Retirement planning 401(k), IRA, pension, student loans ### Answer: None of your options seem mutually exclusive. Ordinarily nothing stops you from participating in your 401(k), opening an IRA, quali...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How you make decision on a stock purchase after fundamental analysis? ### Answer: The degrees to which a positive is positive and a negative is negative are up to you. There is no correct answer. A c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the daily rebalanced leverage ratio that is ideal for the S&P 500 based on past performance? ### Answer: The reason that UltraLong funds and the like are bad isn't because of the leverage rati...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have around 60K $. Thinking about investing in Oil, how to proceed? ### Answer: Royalty trusts track oil prices (they're a pure play on ownership of a portfolio of mineral rights and do not otherwis...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is 'days to cover' a useful metric in identifying the potential for a short squeeze? ### Answer: SeekingAlpha has an article about short squeezes that states: The higher the number of days to cover me...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do stock prices drop due to dividends? ### Answer: I would say that the answer is yes. Investors may move on purchasing a stock as a result of news that a stock is set to pay out their dividend. It...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is buying a lottery ticket considered an investment? ### Answer: Buying lotteries tickets makes you the fish not the fisher. Just like casinos or drugs. If you like, you can call buying tickets an "in...
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: I've done this, but on the other side. I purchased a commercial property from someone I h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the process of getting your first share? ### Answer: Here's a different take: Look through the lists of companies that offer shareholder perks. Here's one from Hargreaves Lansdown. See if y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does Walmart account their expired food ### Answer: Any business, like any household, has items that are wasted. Unlike a household, a business does keep track of all items that are unsellable. De...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do people buy US dollars on the black market? ### Answer: As a Venezuelan who used to buy USD, I believe there is not better explanation than the one given to someone who actually lives and works ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do people buy USD even at this unfavorable rate? ### Answer: There are many reasons but being the main 2 the following 1.- Inflation in Venezuela is crazy high. The inflation from 2014-2015 was 24...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would Venezuela want to block the sale of dollars? ### Answer: Centralized currency management is an Economic Measure that should last 6 months tops. (This was Argentina's case in 2013) but at thi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is yahoo finance P/E Ratio TTM calculated? ### Answer: P/E is Price divided by Earnings Per Share (EPS). P/E TTM is Price divided by the actual EPS earned over the previous 12 months - hence "Trai...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How long can a company keep the money raised from IPO of its stocks? ### Answer: Is it correct that there is no limit on the length of the time that the company can keep the money raised from IPO of i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I think about stock dividends? ### Answer: I would say the most important thing to consider is the quality of the company relative to the price you pay for it. No dividend also means that y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can someone recommend a book that discusses the differences between types of financial statements? ### Answer: I would recommend "How to Read a Financial Report : For Managers, Entrepreneurs, Lenders,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I finance a new home theater at 0% even though I have the cash for it? ### Answer: I think most people have already answered this one pretty well. (It's usually worth it, as long as you pay it...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Increase or decrease amount to be withheld each pay period? ### Answer: If you know that your tax situation is not easily handled by the standard withholding table then you can use that line to ask fo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: ISA trading account options for US citizens living in the UK ### Answer: NL7 is most likely right. With the rise of regulatory burden some financial institutions are refusing to do business for which ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Hedging against Exchange Rate Risk ### Answer: How can I calculate my currency risk exposure? You own securities that are priced in dollars, so your currency risk is the amount (all else being equal)...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: what would you do with $100K saving? ### Answer: I would buy an ETF (or maybe a couple) in stable, blue chip companies with a decent yield (~3%) and then I'd play a conservative covered call strategy ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is candlestick charting an effective trading tool in timing the markets? ### Answer: From my 15 years of experience, no technical indicator actually ever works. Those teaching technical indicators are...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a bank account that allows ACH deposits but not ACH withdrawals? ### Answer: Nowadays, all checks you write will not be send to your bank anymore, but instead the bank where they get deposite...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: RRP/list price/retail price and cars? ### Answer: The retailer can sell for whatever price they like, with the caveats that if they consistently sell at a loss they will go out of business and if they...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros & cons of investing in gold vs. platinum? ### Answer: It is only wise to invest in what you understand (ala Warren Buffet style). Depending on how much money you have, you might see fit to consul...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a house 50/50 ### Answer: I don't like it using percentages makes no sense. Find out what market value is for rent and pay 1/2 of that to your partner, adjust annually. You partner should be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Advantage of credit union or local community bank over larger nationwide banks such as BOA, Chase, etc.? ### Answer: Banks, the big ones, have shareholders and the board to answer to. Credit Unions h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: super confused about bid and ask size. help ### Answer: The principle of demand-supply law will not work if spoofing (or layering, fake order) is implemented. However, spoofing stocks is an illegal cr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is a currency “hedged” ETF actually a more speculative instrument than an unhedged version? ### Answer: The risk of any investment is measured by its incremental effect on the volatility of your overa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is 401k as good as it sounds given the way it is taxed? ### Answer: Before anything, I see that no one mentioned the one thing about 401(k) accounts that's just shy of magic - The matching deposit. In...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any way to know how much new money the US is printing? ### Answer: The Fed doesn't exactly have a specific schedule when they decide to create a new dollar. Instead, they engage in open marke...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is 401k as good as it sounds given the way it is taxed? ### Answer: If you put it in a normal account it is (1) taxed as ordinary income now and then (2) any growth is taxed again at the capital gains...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I keep copies of my business's invoices for tax records? ### Answer: It's always beneficial to have detailed business records. There are any number of reasons where you'd need to prove both th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does selling and then rebuying stock not lead to free money? ### Answer: You are misunderstanding what makes the price of a stock go up and down. Every time you sell a share of a stock, there is s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What reason would a person have to use checks in stores? ### Answer: Rational reason. They like this method of paying. There is a delay between writing the check and having the money removed from the ...
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: The safe harbor provision is based on the tax you or the prior year. So in 2016 this helped you as your tax was substantia...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Retirement Funds: Betterment vs Vanguard Life strategy vs Target Retirement ### Answer: First, congratulations on choosing to invest in low cost passively managed plans. If you choose any one of these...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When is it worth it to buy dividend-bearing stocks? ### Answer: Yes, they are, and you've experienced why. Generally speaking, stocks that pay dividends will be better investments than stocks that don...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much does a landlord pay in taxes? ### Answer: I use a spreadsheet for that. I provide house value, land value, closing/fix-up costs, mortgage rate and years, tax bracket, city tax rate, insuran...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Inverse Relationship between Volatility and Beta ### Answer: For any isolated equity market, its beta will less resemble the betas of all other interconnected equity markets. For interconnected marke...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much more than my mortgage should I charge for rent? ### Answer: While JoeTaxpayer gave a very insightful answer, and clearly the best answer, let me break it down really simple for you. Talk with...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get a down payment for your next home? Use current home as the down payment on the new one? ### Answer: What you're looking at is something called "Bridge-Financing". Essentially, it allows y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are overnight fees? [duplicate] ### Answer: From the etoro website: In the financial trading industry, rollover is the interest paid or earned for holding currency overnight. Each currency has an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the person lending shares to the short selller protect themselves if the short sellers are correct? ### Answer: It is true, as farnsy noted, that you generally do not know when stock that you...