Datasets:
circircircle
/
FinQA

Dataset card Data Studio Files
xet
 Community
text
stringlengths
146
45.7k
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: What determines your profitability is not your time, but your TRADES. It is probably a mistake to go into the market and say, ...
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: Very subjective question. some may do it in the first year, some lose money all their life. Some make a fortune and then lose ...
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: The high frequency trading you reference has no adverse impact on individual investors - at least not in the "going to take ad...
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: Making a profit in trading is not a function of time, it's a function of information, speed, and consistency. Regardless of ho...
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: It depends on how you define trading. If you're looking at day-trading, where you're probably going to be in a highly-leverag...
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: I suppose it depends on your goals and expectations, but I'd argue its not easy. Regardless of the chosen sub discipline of tr...
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: Yeah, too subjective of a question I shorted BP last year during the deep water crisis, using a leveraged account 20 times lar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can gold prices vary between two places or country at the same time? ### Answer: Most of the gold prices at international markets are USD denominated. Hence the prices would be same in international m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can gold prices vary between two places or country at the same time? ### Answer: The market prices for futures and depository ETFs like GLD and IAU are pretty consistent. Prices for physical gold at ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can gold prices vary between two places or country at the same time? ### Answer: I don't know about an actual example now, but in the past, India had restrictions on how much gold you could bring into...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Formula for recalculation of a bad loan, i.e. where payments were missed? ### Answer: There's not quite enough to answer the question in full. For the two years of non-payment, were there any penaltie...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Formula for recalculation of a bad loan, i.e. where payments were missed? ### Answer: It sounds like there are no provisions in the loan document for how to proceed in this case. I would view this a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How long should I keep an uncleared transaction in my checkbook? ### Answer: Typically I'll carry the charge for quite awhile, up to a year. If it hasn't cleared by then, I contact the institution th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How long should I keep an uncleared transaction in my checkbook? ### Answer: With a check, there are limits on cashing the stale check, but that is set by the banks involved. With a debit card transac...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How long should I keep an uncleared transaction in my checkbook? ### Answer: Why would you consider it null and void? It might be that something went wrong and the business "lost" the transaction one ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: PayPal wants me to “add a bank account”, another funding source. Credit card isn't working. Why? ### Answer: I'm guessing that you've reached the value limit of a payment that can be made without link...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: PayPal wants me to “add a bank account”, another funding source. Credit card isn't working. Why? ### Answer: Visit paypalblows.org to find out more reasons. PayPal wants your bank account info on file...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: PayPal wants me to “add a bank account”, another funding source. Credit card isn't working. Why? ### Answer: Have you checked to make sure that your card isn't at the limit, or at risk of expiring soo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: PayPal wants me to “add a bank account”, another funding source. Credit card isn't working. Why? ### Answer: I would guess that this is due to the card issuer, not Paypal. Credit card transactions are...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: PayPal wants me to “add a bank account”, another funding source. Credit card isn't working. Why? ### Answer: It's possible the recipient of the payment is not setup to receive funds form PayPal from a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: PayPal wants me to “add a bank account”, another funding source. Credit card isn't working. Why? ### Answer: I'm pretty sure it's merchant-dependent. If a credit card transaction doesn't go through, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: PayPal wants me to “add a bank account”, another funding source. Credit card isn't working. Why? ### Answer: I've used PayPal for my business for a long time. Sometimes PayPal doesn't trust credit car...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: PayPal wants me to “add a bank account”, another funding source. Credit card isn't working. Why? ### Answer: It's always a good idea to check your credit history on a regular basis - try checking your...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Definition of gross income (Arizona state tax filing requirements) ### Answer: Disclaimer: I am not a tax professional. Please don't rely on this answer in lieu of professional advice. If your sole so...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Definition of gross income (Arizona state tax filing requirements) ### Answer: I would suggest reading through page 1 of the Arizona Nonresident form instructions at the web address below: https://www...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Definition of gross income (Arizona state tax filing requirements) ### Answer: Many states have a simple method for assessing income tax on nonresidents. If you have $X income in State A where you cl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is Discover different from a Visa or a MasterCard? ### Answer: Each of those is a network. Merchants displaying their logos - participate in their network and will accept cards that bear the same ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How is Discover different from a Visa or a MasterCard? ### Answer: From the business side of credit cards, Discover and American Express carry their own risk. AmEx has lent their logo to banks such as...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a lender compute equity requirement for PMI? ### Answer: Never ever use a giant monster mega bank for home loans. I am sure you probably didn't and they bought your loan from someone else. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a lender compute equity requirement for PMI? ### Answer: In regards to the legal recourse, no there is none. Also, despite your frustrations with Citi, it may not be their fault. Mortgage c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a lender compute equity requirement for PMI? ### Answer: Do you have any legal options? Not really. Citi is under no obligation to refinance your loan on your terms. But that goes both ways, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Transfer money from a real estate sale in India to the US ### Answer: How would I go about doing this? Assuming you had purchased the house by funding from your NRE account, you can easily move back t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Transfer money from a real estate sale in India to the US ### Answer: How would I go about doing this? Are there any tax laws I should be worried about? Just report it as a regular sale of asset on yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Transfer money from a real estate sale in India to the US ### Answer: If you are using the money to invest in a property (even abroad) then you can claim tax exemption. while some people will tell you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can a Canadian establish US credit score ### Answer: Sorry. As far as I know, a person's SS is the only way to establish credit. This is the first thing they ask whenever you apply for any service...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can a Canadian establish US credit score ### Answer: 1) The easy way is to find a job and they will assign you an SSN. 2) Here's the hard way. If you're Canadian, open a TD Boarderless account i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can a Canadian establish US credit score ### Answer: set up a US company (WY is cheap and easy), go south and open a personal and business bank account, ask for the itin form. file for the itin. s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some examples of unsecured loans ### Answer: Unsecured loan is any loan that you don't provide an asset as a collateral for. Auto loans are usually secured - by the auto. If you don't pay off...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some examples of unsecured loans ### Answer: Some other unsecured loans that are common: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some examples of unsecured loans ### Answer: Auto loans are secured agains the car. "Signature" loans, from a bank that knows and trusts you, are typically unsecured. Unsecured loans other t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some examples of unsecured loans ### Answer: Unsecured loans are loans that have not been “secured” with any kind of collateral. For example, the bank does not have the ability to take your p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I have to pay a capital gains tax if I rebuy different stocks? ### Answer: Yes- you do not realize gains or losses until you actually sell the stock. After you sell the initial stocks/bonds you ha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I have to pay a capital gains tax if I rebuy different stocks? ### Answer: Yes. As long as the stock is in a taxable account (i.e. not a tax deferred retirement account) you'll pay gain on the prof...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I have to pay a capital gains tax if I rebuy different stocks? ### Answer: Probably. It sounds like you're looking for a 1031-exchange for stocks and bonds. From the wikipedia page for 1031-excha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I have to pay a capital gains tax if I rebuy different stocks? ### Answer: Yes (most likely). If you are exchanging investments for cash, you will have to pay tax on that - disregarding capital los...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Claiming income/deductions on an illegal apartment ### Answer: The IRS demands and expects to be paid tax on all taxable activity, including illegal activity. If they expect drug dealers, hit men, an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Claiming income/deductions on an illegal apartment ### Answer: A basement unit would typically rent for less than similar space on a higher floor. Taxwise, you should be claiming the income, and expe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros, cons, and taxation of Per Diem compensation? ### Answer: Hence new employer pays a part of the salary as per diem compensation along with regular salary and says that per-diem compensation is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros, cons, and taxation of Per Diem compensation? ### Answer: Beware if injured on the job they will not add per diem to your wages meaning you make less and your wc benefits will be less !! ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best way to day trade with under $25,000 ### Answer: The T+3 "rule" relates only to accounting and not to trading. It does not prevent you from day trading. It simply means that the postings in you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best way to day trade with under $25,000 ### Answer: You avoid pattern day trader status by trading e-mini futures through a futures broker. The PDT rules do not apply in the futures markets. Some of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best way to day trade with under $25,000 ### Answer: One way a lot of people bypass the pattern trading equity requirement is to open multiple brokerage accounts. You have $10k, put $5k in one and $5k...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay via Debit Card or Bank's portal ### Answer: There are reward points that you have already mentioned. Some banks also give reward points for netbanking transfer, although very few and less than deb...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I transfer self-employed income into LLC? ### Answer: An LLC is a very flexible company when it comes to taxation. You have three basic tax options: There are other good reasons to create an LLC ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to gift money anonymously to an individual after collection thru a donation site? ### Answer: Regarding the tax implications half of your question ... There seem to be a lot of articles that say t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to gift money anonymously to an individual after collection thru a donation site? ### Answer: You mention that "A great friend and couple's family" which makes me think this is a couple. For gif...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to gift money anonymously to an individual after collection thru a donation site? ### Answer: In the US the best way to solve the problem, IMHO, would be via a trust. Talk to a properly licensed t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I determine if leaving a lower paying, tax advantaged, job for a higher paying one makes sense financially? ### Answer: You'd be moving from 33.5K of taxable income + 16.5K of untaxable income...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I determine if leaving a lower paying, tax advantaged, job for a higher paying one makes sense financially? ### Answer: It looks like a coin toss. What you have isn't bad at all. If you have ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do with a savings account in another country? ### Answer: If the fees to keep the account open are reasonable then it's worth keeping it open for now. It streamlines things if you need ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Help! I've cancelled their service, but this company continues to bill my credit card an annual fee. What can I do? ### Answer: I'm not a lawyer, and am certainly not familiar with your jurisdiction, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Help! I've cancelled their service, but this company continues to bill my credit card an annual fee. What can I do? ### Answer: Short of canceling the card, you could just report the card as lost and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Help! I've cancelled their service, but this company continues to bill my credit card an annual fee. What can I do? ### Answer: I don't think you should have to cancel your card. Call your customer s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I need to file a tax return as a student? ### Answer: In the U.S., Form 1040 is known as the tax return. This is the form that is filed annually to calculate your tax due for the year, and you eit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I need to file a tax return as a student? ### Answer: Should I go see a CPA? Not unless you are filing paperwork for a corporation. A CPA (Certified Public Accountant) is a certification required ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Alternative to Jumbo Mortgage ### Answer: Yes, banks still offer combo loans, but it is going to depend on the appraised value of your home. Typically lenders will allow you to finance up to 80% loan ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Alternative to Jumbo Mortgage ### Answer: You should also be aware that there are banks that do business in the US that do not deal with Fannie Mae, and thus are not subject to the rules about conform...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a online only bank protect itself against fraud? ### Answer: Much of what you're asking will not be disclosed for obvious security reasons, so don't be surprised when call center people say ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a online only bank protect itself against fraud? ### Answer: I don't see why an online-only bank would need to do anything more against fraud than a bank that also has brick-and-mortars. In ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a online only bank protect itself against fraud? ### Answer: @ Daniel Anderson shared interesting insights. In my research I learned a few things Some interesting data on fraud trends AFP P...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a online only bank protect itself against fraud? ### Answer: There are Cyber Security and Reporting Standards which Financial Service Provider (Banks and Financial services where customers d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I lease, buy new, or buy used? ### Answer: Welcome to Personal Finance and Money. This answer will depend a lot on what is most important to the buyer, for example, whether it is important to a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I lease, buy new, or buy used? ### Answer: I think you're dancing with the line here, this question is hard to back up without opinions and could really be three different questions. I'm going ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I lease, buy new, or buy used? ### Answer: Rule of thumb is always BUY, NEVER lease, unless you plan to use it for a business where you can expense the lease payments. Leasing is the biggest sc...
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: Huge return on investment, I feel like im doing the math wrong ### Answer: And now it is at about $3. Many times "skeletons" are bought and inflated for various reasons. Some are legitimate (for examp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best way to short the San Francisco real estate market? ### Answer: The most obvious route is to short the lenders, preferably subprime. Since there are no lenders that operate exclusively...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best way to short the San Francisco real estate market? ### Answer: You could short home builders who do a lot of their business in Northern California. (Not just San Francisco, Silicon V...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there online brokers in the UK which don't require margin account? ### Answer: I don't know what you are on about, as most online brokers should offer standard brokerage without margin. As tradin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there online brokers in the UK which don't require margin account? ### Answer: Most UK stock brokers don't require or allow margin trading. A quick web search for 'UK share dealing comparison' s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there online brokers in the UK which don't require margin account? ### Answer: You can open an account with HSBC and use InvestDirect - their online share trading service - to trade LSE-traded sh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there online brokers in the UK which don't require margin account? ### Answer: Disclosure: I am working for an aggregation startup business called Brokerchooser, that is matching the needs of cli...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there such a thing as a deposit-only bank account? ### Answer: Do you write checks? You are giving your bank account and routing number to anybody you have ever given a check to. Your employer is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there such a thing as a deposit-only bank account? ### Answer: Usually the most significant risk scenarios here are: Third parties can abuse your routing/account numbers to initiate debits, but thi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there such a thing as a deposit-only bank account? ### Answer: I would suggest opening a bank account that you use to accept deposits only, and then get a system set up where it automatically trans...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there such a thing as a deposit-only bank account? ### Answer: There is such a thing as Deposit Only. This will allow the individual's account to function only for collection of monetary deposits. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there such a thing as a deposit-only bank account? ### Answer: Legally, no one else can withdraw from your account. If you suspect the direct-deposit websites are making withdrawals, you can monito...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do you know of any online monetary systems? ### Answer: I recently came across bitcoin, it is what I was really looking for at the time. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do you know of any online monetary systems? ### Answer: You say you want a more "stable" system. Recall from your introductory economics courses that money has three roles: a medium of exchange (here ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do you know of any online monetary systems? ### Answer: Congratulations! You see the problem. You can't get away from unstable currencies. The other problem is that the US will shut down anything th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do you know of any online monetary systems? ### Answer: Edit: I discovered Bitcoin a few months after I posted this answer. I would strongly recommend anyone interested in this question to review it, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do you know of any online monetary systems? ### Answer: I'm the equivalent of the FED at ROBLOX. I run a virtual economy there worth millions of dollars. Even though we are in the business of printing...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do you know of any online monetary systems? ### Answer: I'm not sure, but I think the monetary system of Second Life or World of Warcraft would correspond to what you are looking for. I don't think th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do you know of any online monetary systems? ### Answer: This site lets people deposit gold into an account. Once you have an account setup you can pay others in gold online. I haven't used it or kno...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is buying and selling Bitcoin (and other cryptocurrency) legal for a student on F-1 Visa doing OPT in USA? ### Answer: Given your clarification that you re only intending to use cryptocurrency as a ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does HMRC still require “payment on account” after I have moved to PAYE? ### Answer: The Government self-assessment website states you can ask HMRC to reduce your payments on account if your busin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: High dividend stocks ### Answer: Like almost all investing question: it depends! Boring companies generally appreciate slowly and as you note, pay dividends. More speculative investing can get you som...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: High dividend stocks ### Answer: Future tax increases on dividends are likely. The Wall Street Journal says. "The millions of Americans who receive dividend income ... need to begin adjusting their in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: High dividend stocks ### Answer: You might want to look up Dividend Yield Trap. Many stocks with high dividend yields got that way not because they decided to increase their dividend, but because thei...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: High dividend stocks ### Answer: I had read a book about finance, and it had mentioned that you can gain big profits from investing in the best companies in the most boring markets, like the funeral b...