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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Margin account: how to calculate the stock price that might trigger a liquidation of positions? ### Answer: Thanks to this youtube video I think I understood the required calculation. Based on followi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Price Earnings Ratio ### Answer: Your question asks us to explain why a false statement is true. From the point of view of an investor, a high price to earnings ratio is not necessarily desirable. Fr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the usual terms of a “rent with an option to buy” situation? ### Answer: In most cases an rent with option to buy is structured as follows: The renter/buyer will place a deposit/premium (not ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do Islamic Banking give loans for housing purposes? ### Answer: If the customer pays 20% of the payment in advance, then he is he owns 20% of the house and the bank owns 80%. Now they say he pays ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Starting long-term savings account as a college student ### Answer: Where is the money coming from? If you already have the money (inheritance, gifts or similar) sitting in your account, you can just ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any US bank that does not charge for incoming wire transfers? ### Answer: Schwab High Yield Investor Checking does not charge for incoming wires. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to do with small dividends in brokerage account? ### Answer: Assuming you have no new cash to add to your account as gyurisc has suggested, I wouldn't sweat the small amounts – it doesn't hurt to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Huge return on investment, I feel like im doing the math wrong ### Answer: Your math is correct. These kind of returns are possible in the capital markets. (By the way, Google Finance shows something ...
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 miscellan...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does it make sense to refinance a 30 year mortgage to 15 years? ### Answer: You don't say what the time remaining on the current mortgage is, nor the expense of the refi. There are a number of traps ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which banks have cash-deposit machines in Germany? ### Answer: I know that many HSBC ATMs at branches in the US and Canada offer this service (they actually scan and shred checks as you deposit them)....
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: Read the fine print and you will be fine. The big caveat is that if you miss a payment for any reason, you wi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I earn $75K, have $30K in savings, no debt, rent from my parents who are losing their home. Should I buy a home now or save? ### Answer: Real Estate has historically been the most sound investment of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do banks lose money on foreclosures? ### Answer: The "just accounting" is how money market works these days. Lets look at this simplified example: The bank creates an asset - loan in the amount of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I know if refinance is beneficial enough to me? ### Answer: When evaluating a refinance, you need to figure out the payback time. Refinancing costs money in closing costs. The payback time is t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate car insurance quote ### Answer: Does the Insurance value differ from state to state (for example I've a car in Hawaii and there is another car in Illinois with same model, make and sa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I generate $250/month every month from $4000 that I have? ### Answer: How can I use $4000 to make $250 per month for the rest of my life? This means the investment should generate close to 6.2...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it legal for a landlord to report a large payment to a tenant using Form 1099? ### Answer: I believe it's not only legal, but correct and required. A 1099 is how a business reports payments to othe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How frequently should I request additional credit? ### Answer: I don't know of a guideline to how often you can ask for an increase. You can ask as often as you like. As for consequences, refer to Is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What type of investment vehicle is best suited for my long-term wealth goals? ### Answer: The different types of investment vehicles are subject to regulation in the jurisdiction in which they are pro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I deposit a check made out to my business into my personal account? ### Answer: If you sign the check "For Deposit Only", the bank will put it in your account. You may need to set up a "payabl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is buying or selling goods for gold or silver considered taxable? ### Answer: This isn't new. Even before silver hit $50 in 1980, silver coins were worth 3-4X face value for 'junk' silver. There were...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What investment strategy would you deduce from the latest article from Charles Munger? ### Answer: So, I've read the article in question, "Basically, It's Over". Here's my opinion: I respect Charlie ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best way to start investing, for a young person just starting their career? ### Answer: The most important thing is to start. Don't waste months and years trying to figure out the "optimal" strategy ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Yahoo Finance not showing detailed information for foreign stocks ### Answer: The cause of incomplete/inaccurate financial data's appearing on free sites is that it is both complicated and expensive t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is gold subject to inflation? [duplicate] ### Answer: The general argument put forward by gold lovers isn't that you get the same gold per dollar (or dollars per ounce of gold), but that you get the s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Capital gains and flow through tax treatment ### Answer: For some reason this can result in either the flow through income being UNTAXED or the flow through income being taxed as a capital gains. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Federal taxes for nonresident alien whose only income in 2016 was a 2015 state tax return ### Answer: I believe you have to file a tax return, because state tax refund is considered income effectively...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In a house with shared ownership, if one person moves out and the other assumes mortgage, how do we determine who owns what share in the end? ### Answer: I second (or fifth?) the answers of the other ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When the Reserve Bank determines the interest rates, do they take the house prices into account? ### Answer: The setting of interest rates (or "repurchase rates") varies from country to country, as we...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are low commission trading sites safe? ### Answer: I have used TradeKing for a couple of years now and love it. It really is a great site. They hold an IRA trading account for me and have been helpf...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there extra fees for a PayPal Premier account? ### Answer: If you are using paypal to sell items online, you need a Premier (or better) account rather than personal. Paypal states: Our fees are th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Vanguard ETF vs mutual fund ### Answer: See my comment for some discussion of why one might choose an identical fund over an ETF. As to why someone would choose the higher cost fund in this instance ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to spend more? (AKA, how to avoid being a miser) ### Answer: here is what I have learned with multiple close encounters with bankruptcies: ask yourself.. what if I save vs what if I spend? say you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: S&P reports: number of shareholders? ### Answer: Yes these are the number of shareholders that are not held in "street name" plus the different brokerages that hold the shares in "street name". So th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does it make sense to buy an index ETF (e.g. S&P 500) when the index is at an all-time high? ### Answer: In 1929 the Dow Jones Industrial Average peaked at roughly 390 just prior to the Great Depressi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is an ideal number of stock positions that I should have in my portfolio? ### Answer: I would just buy one ETF (index-fund) on the market you think will perform better. It will take care to buy t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens if I just don't pay my student loans? ### Answer: Same thing as for any debt: bank sues you, you lose, you are in an even deeper hole because you now owe them for the cost of the court ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which US market indexes (Dow/DJIA, S&P500, NASDAQ) include reinvested dividends? ### Answer: .INX (the S&P 500 index itself) does not include reinvested dividens. You can figure total return by going...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What options do I have at 26 years old, with 1.2 million USD? ### Answer: You need the services of a hard-nosed financial planner. A good one will defend your interests against the legions of creeps t...
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: How to find a public company's balance sheet and income statement? ### Answer: Filter by the filings when you look at the search results. The 10-K will include the annual report, which included fisca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to avoid getting back into debt? ### Answer: First, you've learned a very good lesson that quite a few people miss out on: notice how easy it is to get out of debt when you get a windfall of money...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Quantiative Easing fuels stock markets, but why? ### Answer: There's a premium or discount for various stocks subject to influence by the alternatives available to investors, meaning investments are s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax On Unsold Mined Bitcoin ### Answer: And directly from IRS notice 2014-21 FAQ: Q-1: How is virtual currency treated for federal tax purposes? A-1: For federal tax purposes, virtual currency is trea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are buying and selling futures based on objective data? ### Answer: If you hold a future plus enough cash collateral it is economically equivalent to owning the underlying asset or shorting the underl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Question about dividends and giant companies [duplicate] ### Answer: I see a false assumption that you are making. (Almost always) When you buy stock the cash you spend does not go to the company. In...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What would the broker do about this naked call option? ### Answer: The broker would give you a margin call and get you to deposit more funds into your account. They wouldn't wait for the stock price t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Strategic countermeasures to overcome crisis in Russia ### Answer: Bitcoins are very liquid. They can be sold or spent very easily. And you don't depend on the banks being solvent to keep your Bitco...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I improve my credit score if I am not paying bills or rent? ### Answer: US based so I don't know how closely this translates to the UK, but generally speaking there are three things that contr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the purpose of endorsing a check? ### Answer: The best reason for endorsing a check is in case it is lost. If the back is blank, a crooked finder could simply write "pay to the order of " on i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Historical stock prices: Where to find free / low cost data for offline analysis? ### Answer: There are several Excel spreadsheets for downloading stock quotes (from Yahoo Finance), and historical exc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Wisest option to pay for second career education ### Answer: To me it sounds like you need to come up with 67K (30+37), part of the time you can work in the current job, part of the time you could wor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Supporting a Kickstarter project: Should a customer's pledge payment include sales tax, e.g. GST/HST in Canada? ### Answer: You can only claim an input tax credit if tax was actually collected by the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do VAT-registered businesses in the EU charge VAT to each other? ### Answer: But why can't two companies exchange goods directly without paying VAT? This would make the famous carousel fraud scam ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are some funds only recommended for investors starting out? ### Answer: Most articles on investing recommend that investors that are just starting out to invest in index stock or bonds funds. Thi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What purchases, not counting real estate, will help me increase my cash flow? ### Answer: Mutual funds can be relatively low risk and a good starting point. Really it depends on you. What are your go...
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: Bloomberg is very popular, especially for researching individual companies. Market QA and Factset are...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the easiest way to back-test index funds and ETFs? ### Answer: Back-testing itself is flawed. "Past performance is no guarantee of future results" is an important lesson to understand. Market ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is inflation a good or bad thing? Why do governments want some inflation? ### Answer: The classic definition of inflation is "too much money chasing too few goods." Within a tight range, say 1-3%, in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are your experiences with 'self directed' 401ks? ### Answer: My employer matches 1 to 1 up to 6% of pay. They also toss in 3, 4 or 5 percent of your annual salary depending on your age and years ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the difference between stocks and shares? ### Answer: For all practical purposes the words mean the same thing. Shares are just stock in a particular company whereas stock can refer to shares ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much will a stock be worth after a merger? ### Answer: It depends. If you accept the offer, then your stock will cease existing. If you reject the offer, then you will become a minority sharehol...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to my savings if my country defaults or restructures its debt? ### Answer: First question: Any, probably all, of the above. Second question: The risk is that the currency will become wo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How smart is it really to take out a loan right now? ### Answer: The logic "the interest rate on the mortgage was so low it didn't make sense not to buy" is one reason the housing bubble happened. The...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any experience with maxing out 401(k)? ### Answer: I second CrimsonX's advice to max out Roth then 401k. At your age in what sounds like a similar situation I did the same thing -- thankfully. It's ea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How did this day trader lose so much? ### Answer: He didn't sell in the "normal" way that most people think of when they hear the term "sell." He engaged in a (perfectly legitimate) technique known as...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it a good strategy to +cash out refi every six months? ### Answer: When you refinance, there is cost (guess: around $2000-$3000) to cover lawyers, paperwork, surveys, deed insurance, etc. etc. etc....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I work with two or more mortgage brokers at the same time? ### Answer: Obviously mate. Mortgage advisors don't have just one client, similarly why should you have only one advisor? it´s an open ma...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should my brother and I structure our real estate purchase? ### Answer: Because this question seems like it will stick around, I will flesh out my comments into an actual answer. I apologize if th...
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: One extremely important aspect that must be taken into consideration is the state of the housing market. If prices are rising it wil...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is investing in financial markets a gamble? ### Answer: I read about the 90-90-90 rule aka 90% of the people lose 90% of the money in 90 days. Anything that happens in 90 days or less is speculation ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Covered Call Writing - What affects the price of the options? ### Answer: Matthew - what was the stock price and strike price of the option when you did this? I've never seen an at-the-money strike wi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: At what age should I start or stop saving money? ### Answer: It's nearly always a good idea to save for your future, if you don't already have sufficient funds to see out the rest of your days. The ha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is your effective tax rate if you work from home in Montreal for a company in Toronto? ### Answer: For tax purposes, what matters is your province of residence at December 31st. Quebec Tax abatem...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to 401(k) money that isn't used by the time the account holder dies? ### Answer: A 401k plan will ask you to name a beneficiary who will receive the funds if you don't withdraw them all b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do stock prices of retailers not surge during the holidays? ### Answer: I think the question can be answered by realizing that whoever is buying the stock is buying it from someone who can do the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best credit card for someone with no credit history ### Answer: You have a lack of credit history. Lending is still tight since the recession and companies aren't as willing to take a gam...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: P/E (or similar) for index funds? ### Answer: The S&P 500 is a market index. The P/E data you're finding for the S&P 500 is data based on the constituent list of that market index and isn't necessari...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Methods for forecasting price? ### Answer: well there are many papers on power spot price prediction, for example. It depends on what level of methodology you would like to use. Linear regression is o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens if I just don't pay my student loans? ### Answer: Never forget that student lenders and their collection agencies are dangerous and clever predators, and you, the student borrower, are th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If accepting more than $10K in cash for a used boat, should I worry about counterfeiting? ### Answer: I would not do a bill of sale for less, but a legal and safe way to reduce the taxes is to write s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax for Basket with Coupon containing two different VAT rates ### Answer: The vendor needs to do this using apportionment, according to the VAT rules for mixed supplies: If you make mixed supplies and...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any experience with maxing out 401(k)? ### Answer: To answer the first part of your question: yes, I've done that! I did even a bit more. I once had a job that I wasn't sure I'd keep and the economy...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does order matching happen in stock exchanges? ### Answer: To answer your question in its entirety there's more information we need (exchange, session, traded security, order type, etc.). Most exc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I finance a used car or pay cash? ### Answer: Unless you are getting better than a 2.95% return on that money market account. Pay cash. That's the purely logical way to make the decision. Howev...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it really possible to get rich in only a few years by investing? ### Answer: 10 year US Treasury bonds are currently yielding 3.46%. If you're offered an investment that looks better than that, you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's wrong with this margin calculation? ### Answer: As the referenced document says, there are 3 formulas, and you need to use the formula which results the greatest margin requirement. In your cas...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do moving average acts as support and resistance? ### Answer: A moving average will act as support or resistance to a stock only when the stock is trending. The way it acts as support for instance...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a typical investment portfolio made up of? ### Answer: Paying off the high-interest debt is a good first start. Paying interest, or compound interest on debt is like paying somebody to make yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Personal finance in EFU and NAFA ### Answer: I want to know why my investment is having loss in 4 to 5 months. As the funds invest in stock markets, the Pakistan stock market is going down in last 4-5...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: The best credit card for people who pay their balance off every month ### Answer: The answer today is the Fidelity Rewards Amex. This card pays the highest cash back (2%) on ALL purchases. The answer...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why trade futures if you have options ### Answer: With options you pay for a premium which relates to the expected (so-called "implied" volatility). With futures, there is no assumption about the vola...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to start personal finances? ### Answer: There are many paths to success, but they all begin with education. You made the first big step just by visiting here. We have 17,000 questions, arranged by...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: May 6, 2010 stock market decline/plunge: Why did it drop 9% in a few minutes? ### Answer: I hate attributing an event like this to a single cause. That implies that the market is an orderly system wh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can buying REIT's be compared to investing in Real Estate? ### Answer: well yes but you should also begin to understand the sectoral component of real estate as a market too in that there can be comme...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the catch with biweekly mortgage payments? ### Answer: Making extra principal payments will reduce the term of your loan. I wouldn't sign up for a biweekly schedule, just do it yourself so you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which Earnings Figure for Graham's “Stock Selection for the Defensive Investor”? ### Answer: In the Income Statement that you've linked to, look for the line labeled "Net Income". That's followed by a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to Explain “efficient frontier” to child? ### Answer: I would let them get their hands dirty, learn by practicing. Below you can find a simple program to generate your own efficient frontier, just...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Student loan payments and opportunity costs ### Answer: Staying with your numbers - a 7% long term return will have a tax of 15% (today's long term cap gain tax) resulting in a post tax of 5.95%. On t...