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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does the share price tend to fall if a company's profits decrease, yet remain positive? ### Answer: Aside from the market implications Victor and JB King mention, another possible reason is the di...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does the share price tend to fall if a company's profits decrease, yet remain positive? ### Answer: Let's say you see a café. You're looking to buy a café so you walk into one and ask the manager ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does the share price tend to fall if a company's profits decrease, yet remain positive? ### Answer: In a rational market, the market caps (total value of all shares of the company) should be deter...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does the share price tend to fall if a company's profits decrease, yet remain positive? ### Answer: Let's use an example: You buy 10 machines for 100k, and those machines produce products sold for...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When does it make financial sense to take advantage of employer's tuition reimbursement program? ### Answer: If you have decided to do the degree, and are simply deciding whether to accept employer fu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When does it make financial sense to take advantage of employer's tuition reimbursement program? ### Answer: If you know that you want that advanced degree; And there is a way to have your employer pa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I stop a merchant from charging a credit card processing fee? ### Answer: You can report the violation to the payment network (i.e., Mastercard or Visa). For instance here is a report form fo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I stop a merchant from charging a credit card processing fee? ### Answer: Mastercard rules also prohibit asking for ID along with the card. Yet, when I was at Disneyland, years ago (so I don't...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I stop a merchant from charging a credit card processing fee? ### Answer: This might not be the answer you are looking for, but the alternative to "don't patronize these merchants" is this: DO...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I stop a merchant from charging a credit card processing fee? ### Answer: You have no recourse on the spot to do anything to the vendor other than pay the fee, pay cash, or walk away. If you'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I stop a merchant from charging a credit card processing fee? ### Answer: It may seem very simple on its face but you don't know the merchant's agreement. You don't know who is providing the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I stop a merchant from charging a credit card processing fee? ### Answer: I gather that, while it is not illegal for a merchant to pass their payment card processing fees on to their customers...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I find a regular job or continue doing what am doing? ### Answer: This might sound harsh, but the first thing I would suggest is to stop making excuses. I wasn't able to continue due to press...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I claim the standard deduction being an Indian citizen and non-resident in USA for tax purposes? ### Answer: Prachi - While most non-resident aliens are not allowed to claim the standard deduction...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get a credit card as a minor? ### Answer: In general, minors cannot enter into legally binding contracts -- which is what credit accounts are -- so an individually held card is probably not...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get a credit card as a minor? ### Answer: I have a job and would like to buy equipment for producing music at home and it would be easier for me to pay for the equipment monthly I just want to ...
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: What are the risks & rewards of being a self-employed independent contractor / consultant vs. being a permanent employee? ### Answer: In the current economy there is no upside to working for yourself....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Property Trust - who or what is the Owner? ### Answer: The trust owns the property, the trustees control the property and the beneficiaries receive any income from rent or gains from sale of property....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Property Trust - who or what is the Owner? ### Answer: I am not a lawyer, and I am assuming trusts in the UK work similar to the way they work in the US... A trust is a legally recognized entity that ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are there many small banks and more banks in the U.S.? ### Answer: As an addendum to PeterK's answer, once upon a time, there were many Savings and Loan Associations (S&Ls) that acted as small ban...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are there many small banks and more banks in the U.S.? ### Answer: Wikipedia has a good summary: Historically, branch banking in the United States - especially interstate branch banking - was view...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are there many small banks and more banks in the U.S.? ### Answer: I can't find a citation, but from memory (EDIT: and reading the newspapers at the time it happened): up until around 1980, banks ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are there many small banks and more banks in the U.S.? ### Answer: Actually it seems you are not quite correct about the number of different banks in Canada. https://en.wikipedia.org/wiki/List_of_...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are there many small banks and more banks in the U.S.? ### Answer: In the US, paper checks are still the rule, and there is a large amount of the population that does not care to use online bankin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are there many small banks and more banks in the U.S.? ### Answer: First, is population density. You didn't say where exactly, but for example here in Tampa, Wells Fargo has 25 branches in the are...
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: You have a high risk tolerance? Then learn about exchange traded options, and futures. Or the variety of markets ...
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: Ideal investments for a recent college grad with very high risk tolerance? ### Answer: If you have been putting savings away for the longer term and have some extra funds which you would like to take ...
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: Congratulations on being in this position. Your problem - which I think that you identified - is that you don't k...
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'd suggest you start by looking at the mutual fund and/or ETF options available via your bank, and see if they h...
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: Theoretically there is limited demand for risky investments, so higher-risk asset classes should outperform lower...
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: An ideal investment for a highly risk tolerant college grad with a background in software and programming, is a s...
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: Ideal investments for a recent college grad with very high risk tolerance? ### Answer: Cryptocurrencies like Bitcoin or Ethereum. Then check their prices daily. With daily price swings of over 10% (bo...
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: Sorry to be boring but you have the luxury of time and do not need high-risk investments. Just put the surplus ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it wise to invest in a stock with a large Div yield? ### Answer: You should not buy soley for the dividend. The price of BHP is going down for a reason. If you hold until the full years dividend is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it wise to invest in a stock with a large Div yield? ### Answer: There have been many interesting and correct answers but to give a direct answer to your first question, dividend yield is simply di...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it wise to invest in a stock with a large Div yield? ### Answer: IMO, what it seems like you've done is nothing more than having screened out a company worth further investigation. The next step wo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it wise to invest in a stock with a large Div yield? ### Answer: BHP Billiton has room to answer doubters as commodities rout batters debt notes in part: There has been speculation that the company...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it sensible to redirect retirement contributions from 401(k) towards becoming a landlord? ### Answer: Here are the issues, as I see them - It's not that I don't trust banks, but I just feel like th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it sensible to redirect retirement contributions from 401(k) towards becoming a landlord? ### Answer: As a general rule, diversification means carrying sufficient amounts in cash equivalents, stock...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it sensible to redirect retirement contributions from 401(k) towards becoming a landlord? ### Answer: With a healthy income its quite possible to contribute too much into 401Ks/IRAs. For example, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it sensible to redirect retirement contributions from 401(k) towards becoming a landlord? ### Answer: This is going to seem pretty far off the beaten path, but I hope when you finish reading it you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to report Canadian income from a small contract job? ### Answer: It's pretty easy. In the Interview Setup for Ufile, check the box for "Self-employment business income". Then during the process of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is value investing? What are the key principles of value investing? ### Answer: Value investing is an investment approach that relies on buying securities below their intrinsic values. There are ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is value investing? What are the key principles of value investing? ### Answer: Fama-French would be a couple of names if you want to look at this from a value/growth dichotomy. A simplified for...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I may earn a lot of cash soon through self-employment on a lucrative project. How to handle the tax? ### Answer: Seek professional advice as duffbeer703 has suggested already. Very important! Consid...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I may earn a lot of cash soon through self-employment on a lucrative project. How to handle the tax? ### Answer: I'm not familiar with Canadian taxes, but had your question been written about the Uni...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would someone want to sell call options? ### Answer: You appear to be thinking of option writers as if they were individuals with small, nondiversified, holdings and a particular view on what the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would someone want to sell call options? ### Answer: Covered calls, that is where the writer owns the underlying security, aren't the only type of calls one can write. Writing "uncovered calls," w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would someone want to sell call options? ### Answer: I do this often with shares that I own - mostly as a learning/experience-building exercise, since I don't own enough individual stocks to make ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would someone want to sell call options? ### Answer: I have an example of a trade I made some time ago. By entering the position as a covered call, I was out of pocket $5.10, and if the stock tra...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to do with a distribution as a young person? ### Answer: I have money to invest. Where should I put it? Anyone who answers with "Give it to me, I'll invest it for you, don't worry." needs to be a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to do with a distribution as a young person? ### Answer: I highly recommend passive investing through something like betterment (www.betterment.com) or vanguard's ETFs. FutureAdvisor.com can pro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much money do you have to make every year before you have to pay tax? ### Answer: I'm not confident that the requirements for 2017 are up yet, but assuming they don't change much from those of 201...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much money do you have to make every year before you have to pay tax? ### Answer: Since your YouTube income is considered self-employment income and because you probably already made more than $40...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying taxes on income earned in the US, but from a company based in Norway ### Answer: If you are paid by foreigners then it is quite possible they don't file anything with the IRS. All of this incom...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying taxes on income earned in the US, but from a company based in Norway ### Answer: I don't see why you would need an "international tax specialist". You need a tax specialist to give you a consul...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I have a higher credit limit on my credit card? ### Answer: There is no "golden rule" on how high of a credit limit an individual should have. There are 22 year olds that have $100,000 credit l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I have a higher credit limit on my credit card? ### Answer: As long as you're not trying to get a higher limit in order to actually spend more money, or might be tempted to do so, it's generall...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I have a higher credit limit on my credit card? ### Answer: If you want to stay in the sub 30% range to avoid 'high utilization' on your card, make sure your credit is > 3.33x your usage. For ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I have a higher credit limit on my credit card? ### Answer: I wouldn't say you should have any particular limit, but it can't hurt to have a higher limit. I'd always accept the increase when of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I have a higher credit limit on my credit card? ### Answer: I'm the contrarian on this forum. Since you asked a "should I ..." question, I'm free to answer "No, you shouldn't increase your limi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I have a higher credit limit on my credit card? ### Answer: I'm not sure that OP was asking if he/she personally should have more available credit, so I will answer the other interpretation: sh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does my bank suddenly need to know where my money comes from? ### Answer: Banks have a financial, and regulational duty called "Know your customer", established to avoid a number of historical pro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does my bank suddenly need to know where my money comes from? ### Answer: Most likely this is connected with new banking regulations related to the Patriot Act, which require banks to be much more...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does my bank suddenly need to know where my money comes from? ### Answer: Banks and credit unions are constantly required to improve their detection methods for suspicious transactions. It's not ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does my bank suddenly need to know where my money comes from? ### Answer: Bank runs very complex software to detect suspicious activity - terrorism financing, money laundering, etc. How would a pr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can rebuilding a city/large area be considered an economic boost? ### Answer: You are not wrong. This is called the "Broken Window" fallacy in economics. Imagine if 20% of a population was employe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can rebuilding a city/large area be considered an economic boost? ### Answer: You're entirely correct. It's one of those "broken window" fallacies. Have you ever witnessed the anger of the go...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can rebuilding a city/large area be considered an economic boost? ### Answer: The problem here is that the metrics that are used to track the economy are looking for things like growth and change....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can rebuilding a city/large area be considered an economic boost? ### Answer: It will have some positives, and some negatives. The hardest hit will be the insurance agencies, as well as banks. Man...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can rebuilding a city/large area be considered an economic boost? ### Answer: The people who benefit are large engineering and construction companies, manufacturers of construction equipment, bank...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can rebuilding a city/large area be considered an economic boost? ### Answer: It certainly creates an opportunity for the re-distribution of wealth. Money will be transferred from insurance compa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can rebuilding a city/large area be considered an economic boost? ### Answer: Wikipedia's article on the Parable of the broken window mentions that Keynesians would argue that broken windows can b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Money transfer from Australia to India - avoid receiving ends service tax ### Answer: All Bank fees were included in the service tax ambit [For example Check bounce, issue of duplicate statement, fees...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Possibility of donations in an educational site ### Answer: You can have a way for people to pay, i.e. some kind of payment gateway. Run as Business: Best create a company and get the funds there. Thi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can two companies own stock in each other? ### Answer: Yes, this can and does certainly happen. When two companies each own stock in each other, it's called a cross holding. I learned about cross hold...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can two companies own stock in each other? ### Answer: Absolutely. In fact, all stock purchases of more than 5% of a company's stock must be reported to the SEC, so assuming A and B are publicly trade...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can two companies own stock in each other? ### Answer: I was looking at NAT and NAO, NAT owns 20% of NAO. They trade opposite each other on the price of oil, low is good for NAT, bad for NAO. In bad...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can two companies own stock in each other? ### Answer: Yes, this happens a lot. And in many cases companies don't even know this is happening. Collateralized Debt Obligations frequently contain pieces...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does inflation equal more loans? ### Answer: What is the relationship between inflation and interest rates? notes a relationship between inflation and interest rates that would suggest high inflation...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does inflation equal more loans? ### Answer: In terms of operations, banks are indifferent to inflation. Short rates except right before a recession or near-recession are always lower than long rates...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's an economic explanation for why greeting cards are so expensive? ### Answer: Competition, or actually lack of competition, mostly due to a demand curve that has minimal change due to price. Yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's an economic explanation for why greeting cards are so expensive? ### Answer: Why do people buy them when they would be cheap to make for themselves? Convenience. While you could easily find so...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's an economic explanation for why greeting cards are so expensive? ### Answer: I actually have a bit of experience with the supplier side of this. Having worked with other people attempting to g...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's an economic explanation for why greeting cards are so expensive? ### Answer: We generally speak of the "elasticity of demand". Greeting cards are expensive because they can be. We buy them in ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's an economic explanation for why greeting cards are so expensive? ### Answer: It'll all about the marketing. If you don't get a "real" greeting card for that important birthday or anniversary o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's an economic explanation for why greeting cards are so expensive? ### Answer: (At least in the UK) a company named Card Factory has been very successful in undercutting the competition using th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's an economic explanation for why greeting cards are so expensive? ### Answer: As one answer points out, people buying greeting cards care little about whether they cost 25 cents or $5. Those a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's an economic explanation for why greeting cards are so expensive? ### Answer: It cost a lot of money to pay the poet to make wording, designers/photographers to make the post-cards and miscella...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax considerations for outsourcing freelance work to foreign country ### Answer: I took littleadv's advice and talked to an accountant today. Regardless of method of payment, my US LLC does not have t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax considerations for outsourcing freelance work to foreign country ### Answer: If you're paying a foreign person directly - you submit form 1042 and you withhold the default (30%) amount unless the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax considerations for outsourcing freelance work to foreign country ### Answer: If a person is not a U.S. citizen and they live and work outside the U.S., then any income they make from a U.S. compan...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there brokers or companies who trade Forex and make money for us on our investment? And do you think fxtradeinvestment is legit? ### Answer: So you think there is a business that can take $X and i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there brokers or companies who trade Forex and make money for us on our investment? And do you think fxtradeinvestment is legit? ### Answer: There are legitimate multi currency mutual funds/efts. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much time would I have to spend trading to turn a profit? ### Answer: Don't go for the 'fast buck'. There's no such thing. There are two types of people that make money on the stock market: Invest...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much time would I have to spend trading to turn a profit? ### Answer: Sounds like you are a candidate for stock trading simulators. Or just pick stocks and use Yahoo! or Google finance tools to t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much time would I have to spend trading to turn a profit? ### Answer: Probably several years at least. Maybe more like ten years. You need to watch a market for a substantial period of time to ma...