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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should an ADR that is being delisted be sold off? ### Answer: I'm a bit out of my element here, but my guess is the right way to think about this is: knowing what you do now about the underlying compa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it possible to just take out a ton of credit cards, max them out and default in 7 years? ### Answer: It may become difficult to rent a car or a hotel room. It may affect your ability to get a j...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why call option price increases with higher volatility ### Answer: Understanding the BS equation is not needed. What is needed is an understanding of the bell curve. You seem to understand volatilit...
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: If you are looking to begin living off the money now, then Dheer's answer is correct - it is not possible. However, if you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should we prepay our private student loans, given our particular profile? ### Answer: Don't frett to much about your retirement savings just put something towards it each year. You could be dead in te...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How come the government can value a home more than was paid for the house? ### Answer: From my perspective I suspect that if the government use the paid price, people will start to buy at very low nom...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there an advantage to keeping a liquid emergency fund if one also has an untapped line of credit? ### Answer: Why can't you have both? If you do have both credit and an emergency fund, and an emerg...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the point of a benchmark? ### Answer: Some years your portfolio may perform better than the benchmark, and some years it may be the other way around. Without a benchmark you will never know. A...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to do when a job offer is made but with a salary less than what was asked for? ### Answer: Not-very-serious companies always try to reduce your pretended salary. This also happens in Argentina. M...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to find an optimum linear combination of various investments? ### Answer: You're talking about modern portfolio theory. The wiki article goes into the math. Here's the gist: Modern portfolio theor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 200K 10-Year Investment Safest 5% Annual Return? ### Answer: I don't think there exists a guaranteed 5% investment vehicle. You have to decide how much risk you're willing to take. Splitting your $200...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Changes in Capital Gains Tax in the US - Going to 20% in 2011? ### Answer: Consider doing things that will allow for tax deductions, such as short selling. The IRS has regulations on this as well. And...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If a country can just print money, is global debt between countries real? ### Answer: This is a extremely complicated subject, but I assume you want a very simple answer (otherwise I'm not qualified t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What impact does trading in a car have on your credit score? ### Answer: Paying off your loan in full will most likely not help your credit score, and could potentially even hurt it. Because car loans...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is the volume highest at the beginning and end of a trading day? ### Answer: While volume per trade is higher at the open and to a lesser extent at the close, the overall volume is actually lower,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm currently unemployed and have been offered a contract position. Do I need to incorporate myself? How do I do it? ### Answer: My late answer is: Be aware of the difference of being a contractor and...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why use ROI if I can use effective compount interest? ### Answer: Yes though I'd likely put a caveat on that. If you take short-term investments and extrapolate the results to get an annual result thi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why I cannot buy at ask price? ### Answer: The price is moving higher so by the time you enter your order and press buy, a new buyer has already come in at that time and taken out the lowest ask price...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell a 2nd home, or rent it out? ### Answer: It sounds like you plan to sell sooner or later. If your opinion is that there is still room for the housing market to grow, make your bet and sel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Take car loan out of mortgage to improve equity ### Answer: I guess I don't understand how you figure that taking out a car loan for $20k will result in adding $20k in equity. A car loan is a liabili...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm 20 and starting to build up for my mortgage downpayment, where should I put my money for optimal growth? ### Answer: You should never take advice from someone else in relation to a question like t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where should I invest to hedge against the stock market going down? ### Answer: Sometimes the simple ways are the best: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are banks providing credit scores for free? ### Answer: Why are banks all of a sudden providing people their credit scores for free? Because it is a really good idea. On an ABC Bank website, it ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Building financial independence ### Answer: It's important to have both long term goals and milestones along the way. In an article I wrote about saving 15% of one's income, I offered the following ta...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: At what point should I go into credit card debt? ### Answer: You're situation is actually pretty solid except for the job part. I definitely understand the existential meltdown in your 30s. Luckily yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where to find out conversion ratio between General Motors bonds and new GM stock? ### Answer: Looks like the result got decided recently, with a little uncertainty about exactly how much is the total ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do large market players using HFT make it unsafe for individual investors to be in the stock market? ### Answer: In some senses, any answer to this question is going to be opinion based - nobody outsi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I buy an ETF? ### Answer: Usually, you can buy ETFs through brokerages. I looked at London to see if there's any familiar brokerage names, and it appears that the address below is to Fidelity...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying off student loan or using that money for a downpayment on a house ### Answer: Two years ago, I wrote an article titled Student Loans and Your First Mortgage in response to this exact question p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Steps and timing of the SEIS investment (in the UK) ### Answer: You make the investment in Jan 2016. Assuming the SEIS certificate is issued before 5th April 2016, then you will enter the SEIS investm...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a good price to “Roll” a Covered Call? ### Answer: If the call is in the money and you believe the reason for the price jump was an overreaction with a pullback on the horizon or you anticipat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options for the intelligent but inexperienced ### Answer: I strongly suggest you read up the Option Greeks. You can be right about a stocks price movement and still not make money b/c other factors co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does stock dilution work in relation to share volume? ### Answer: Here is an example for you. We have a fictional company. It's called MoneyCorp. Its job is to own money, and that's all. Right now...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How (or is it necessary) to rebalance a 401k with only one index fund? ### Answer: Rebalance is across asset-classes which are mutually independent [like stocks and bonds; they may be inversely correl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are lottery tickets ever a wise investment provided the jackpot is large enough? ### Answer: The billion dollar jackpot is a sunk cost, a loss for prior bettors. If you had $250M and could buy every t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does inflation mean to me? ### Answer: It means that your money does not have the same amount of buying power. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Large BUY LIMIT orders' effect on a stock's price ### Answer: Traders sometimes look at the depth of the book (number of outstanding limit orders) to try and gauge the sentiment of the market or other...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is Real Estate ever a BAD investment? If so, when? ### Answer: All other factors being equal, owning your primary residence is almost always a good investment over the long haul. Why? Because you have...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm only spending roughly half of what I earn; should I spend more? ### Answer: If you are happy, really honestly happy, there is no need to change because you read it somewhere. While I believe that ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the benefit of buying shares in a wholly owned subsidiary if you own parent company stock? ### Answer: The parent company is likely to own other assets, which can be badly performing. Spinoffs ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How many stocks will I own in n years if I reinvest my dividends? ### Answer: This answer contains three assumptions: New Share Price: Old Share Price * 1.0125 Quarterly Dividend: (New Share Price*0.0...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are PINs always needed for paying with card? ### Answer: As far as I'm aware, PINs are only used for in-person transactions, not 'remote' (over the Internet or phone). ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I find a high-risk, high-reward investment that is not strongly correlated with the U.S. economy? ### Answer: It requires fairly large levels of capital, but what about seed funding/angel inve...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mortgage or not? ### Answer: If you do as you propose you are going to get burned. You need to sell, then start to rent. amongst other things. Since 2008, the economy never "recovered," but was sort o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Making money through CFD ### Answer: A CFD is like a bet. Bookies don't own horses or racetracks but you still pay them and they pay you if the horses win. If you buy a CFD the money goes to the firm ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can an unmarried couple buy a home together with only one person on the mortgage? ### Answer: It's not typically possible for someone to jointly own the house, who is not also jointly liable for the m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When are stop market/limit orders visible on the open market? ### Answer: From the non-authoritative Investopedia page: A stop-limit order will be executed at a specified price, or better, after a giv...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: understand taxes when geting money from a project built long time ago plus my full time job ### Answer: You need to register as self-employed with HMRC (it is perfectly fine to be self-employed and em...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For a car, what scams can be plotted with 0% financing vs rebate? ### Answer: Here's a number-crunching example of how the "Zero interest rate" offer is misleading. Suppose the offer is that a car "co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Deducting Hobby Expenses on my Federal Income Taxes? ### Answer: Does your wife perform solo or in association with other actor/actresses and other volunteers? The latter arrangement sounds more like ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate stock price (value) based on given values for equity and debt? ### Answer: There is no formula for calculating a stock price based on the financials of a company. A stock price is set...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is a robo-adviser worth the risk? ### Answer: If you are looking for an advisor to just build a portfolio and then manage it, a robo-advisor can be beneficial (especially if the alternative is doing i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have around 60K $. Thinking about investing in Oil, how to proceed? ### Answer: One possibility would be to invest in a crude oil ETF (or maybe technically they're an ETP), which should be easily ac...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do more floating shares mean less volatility for the stock? ### Answer: More shares mean less volatility because it takes a larger number of trades, a larger number of shares per trade, or a combi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does FHA goes hand in hand with PMI ? ### Answer: I don't know that FHA loans have better rates than conventional loans. I've never heard that and some quick googling didn't yield anything (please co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are these really bond yields? ### Answer: But it also can't be 1.46%, because that would imply that a 30Y US Treasury bond only yields 2.78%, which is nonsensically low. The rates are displayed as of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying and selling the same stock ### Answer: Elaborating on kelsham's answer: You buy 100 shares XYZ at $1, for a total cost of $100 plus commissions. You sell 100 shares XYZ at $2, for a total incom...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In a competitive market, why is movie theater popcorn expensive? ### Answer: In the theater, it's a person who can afford to buy expensive pop corn, cause he can buy the expensive movie ticket too... ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: mortgage vs car loan vs invest extra cash? ### Answer: First off, the "mortgage interest is tax deductible" argument is a red herring. What "tax deductible" sounds like it means is "if I pay $100 on ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does the P/E ratio not apply to bond ETFs? ### Answer: A bond fund has a 5% yield. You can take 1/.05 and think of it as a 20 P/E. I wouldn't, because no one else does, really. An individual bond has...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I get free or discounted checks for my bank account? ### Answer: There is no reason you must buy the bank's printed check. There are many places both physical stores and on line the offer chec...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which close price (adjusted close or close price) shall be used when calculating a stock's daily percent change? ### Answer: The adjusted close price takes into account stock splits (and possibly divi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can small children contribute to the “family economy”? ### Answer: If you're trying to teach them the value of money and quantifying the dollar difference between prices, one very effective way to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the common moving averages used in a “Golden Cross” stock evaluation? ### Answer: Technical analysis is insufficient. You're halfway to figuring it out if you start to question why a 50 day m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Advice on low-risk long-term strategy for extra cash? ### Answer: Congratulations on being in such good financial state. You have a few investment choices. If you want very low risk, you are talking ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I find an ideal single fund to invest all my money in? ### Answer: In the past 10 years there have been mutual funds that would act as a single bucket of stocks and bonds. A good example is Fid...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When does it make sense for the money paid for equity to go to the corporation? ### Answer: BigCo is selling new shares and receives the money from Venturo. If Venturo is offering $250k for 25% of the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What emergencies could justify a highly liquid emergency fund? ### Answer: This might vary from other answers but I generally prefer to use debt before touching an emergency fund. But one of the reas...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there guidelines for whom you should trust for financial advice (online, peer, experts, only myself, etc) ### Answer: You need to understand how various entities make their money. Once you know th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Potential pitfalls of this volume trading strategy ### Answer: First challenge: Creating a system which can understand written English well enough to read the news. Nothing short of IBM's Watson has p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I decide whether do a masters even if I have go into debt after doing it? ### Answer: I did some research and I found a very interesting article that had exactly my case as an example ( person...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the catch in investing in real estate for rent? ### Answer: More possible considerations: Comparability with other properties. Maybe properties that rent for $972 have more amenities than this...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How an ETF reinvests dividends ### Answer: The shareholders can't all re-invest their dividends -- it's not possible. Paying a dividend doesn't issue any new shares, so unless some of the existing sha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What governs the shape of price history graphs? ### Answer: I agree with @Turukawa that the x-axes need to be the same to make a direct comparison. However, the graphs you linked make me think of int...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Setting up auto-pay. Should I use my bank that holds mortage or my personal bank? ### Answer: One factor to consider is timing. If you set up the automatic payments through the bank that holds the mor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any Ubiquitous Finance App That is on Mac, iOS and Windows? ### Answer: As I have said before on this site, I personally use Moneydance. They have Mac, Linux and Windows support, and recently added an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is Insider Trading Illegal? ### Answer: A practical issue is that insider trading transfers wealth from most investors to the few insiders. If this were permitted, non-insiders would rarely make a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How Do Scammers / Money Launderers Profit From Loans To Victims ### Answer: If they have your account numbers (which are necessary for direct deposits) they could possibly initiate ACH withdrawals fro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is a “total stock market” index fund diverse enough alone? ### Answer: Brendan, The short answer is no, there is no need to get into any other funds. For all intents and purposes the S&P 500 is "The S...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: The Benefits/Disadvantages of using a credit card ### Answer: The thing you need to keep in mind is that if you take on debt, you need to have a plan to pay it off and execute on it. You also need to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How are people able to spend more than what they make, without going into debt? ### Answer: I don't know about Jeff Bezos in particular but, in general, and with a a few other notorious exceptions lik...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How bad is it to have a lot of credit available but not used? ### Answer: I never give advice but I will now because you are getting poor advice. I run between 820 and 835 for a FICO score and have f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay off my 401k loan or reinvest the funds elsewhere? ### Answer: Pay the 401(k) loan back as soon as possible. To be clear, the money from your 401(k) loan is no longer invested and working...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I am an American citizen but have never lived in the US. Do I need to fill a W8-BEN or a W-9? ### Answer: Yes, you do. You also need to file a tax return every year, and if you have more than $50k of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does bull/bear market actually make a difference? ### Answer: Who are the losers going to be? If you can tell me for certain which firms will do worst in a bear market and can time it so that this inf...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can this stock have an intra-day range of more than 90% on 24Aug2015? ### Answer: As you know, the market is in turmoil today. At this moment, 11:45 am, the S&P is down 2.3%, 45 points. But, prema...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you please explain what the information in this stock quote means? ### Answer: Yes, that's what it means. Also, it tells you that the share price went up by $0.39 yesterday, which was an increase ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to distinguish gift from payment for the service? ### Answer: All of this assumes that this relationship isn't as employer-employee relationship, which would require you to withhold taxes. If you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the purpose of property tax? ### Answer: Property taxes, where they exist, are generally levied by cities, counties and other local-level administrative bodies like MUDs, and are the primary s...
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: It goes to the beneficiaries, not necessarily the heirs. Taxation is a bit complicated and depends also on...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the spread on an orderbook affect shorting? ### Answer: It this a real situation or is it a made up example? Because for a stock that has a last traded priced of $5 or $6 and volume traded ov...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I am the sole owner of an LLC. Does it make a difference if I file as an S-Corp or a sole-member LLC? ### Answer: In the United States, with an S-Corp, you pay yourself a salary from company earnings....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Online transaction - Money taken out late ### Answer: Debit Cards have a certain processing delay, "lag time", before the transaction from the vendor completes with your bank. In the US it's typically...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are COBRA premiums deductible when self-employed? ### Answer: COBRA premiums are not deductible on 1040 line 29; to qualify, the IRS says the insurance plan must be in your name (COBRA is in your form...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do the tax consequences make it worth it for me to hold ESPP stock? ### Answer: To try to answer the three explicit questions: Every share of stock is treated proportionately: each share is assigned t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the difference when asked for “debit or credit” by a store when using credit and debit cards? ### Answer: These are two different ways of processing payments. They go through different systems ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: ESPP advantages and disadvantages ### Answer: The typical deal is you can put 10% of your gross pay into the ESPP. The purchase will occur on the last deposit date, usually a 6 month period, at a 15% ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the tax implications if I do some work for a company for trade, rather than pay? ### Answer: Such activity is normally referred to as bartering income. From the IRS site - You must include in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do high interest rates lead to higher bond yields or lower? ### Answer: Imagine that the existing interest rate is 5%. So on a bond with face value of 100, you would be getting a $5 coupon implying a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to shop for mortgage rates ? ### Answer: You can shop for a mortgage rate without actually submitting a mortgage application. Unfortunately, the U.S. Government has made it illegal for the banks ...