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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: ESPP taxes after relocating from Europe to the United States? ### Answer: I would suggest to get an authoritative response from a CPA. In any case it would be for your own benefit to have at least the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it bad etiquette to use a credit or debit card to pay for single figure amounts at the POS ### Answer: Etiquette or not, it is hurting the seller. The transaction fees have usually minimums, so if ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a shareholder be liable in case of bankruptcy of one of the companies he invested in? ### Answer: No. One of the key ideas behind a corporation is that an investor's liability is limited to the am...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are good games to play to teach young children about saving money? ### Answer: I've found that good old fashioned "Monopoly" teaches children about cash flow, mortgaging properties, and paying in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do with the change in my change-jar? ### Answer: In the U.S. at least, a lot of these CoinStar machines are now owned and operated by the store or other venue in which they're placed, as...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a Canadian credit card which shows holds? ### Answer: It's not so much a credit card, but a financial institution's online platform that either provides this functionality or not. The followi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do card processing companies discourage “cash advance” activities ### Answer: Square does not care if you run a $10 transaction to test the system. They are concerned with its use to move meaningf...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I find a definition of psychological barriers with respect to marketable securities? ### Answer: I think "Psychological Pricing" is a similar phenomenon to what you are looking for. This is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a term that better describes a compound annual growth rate (CAGR) when it is negative? ### Answer: My experience is in economics, so it may differ from an accounting or personal finance persp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy securities at another stock exchange ### Answer: Also important to keep in mind is the difference in liquidity. The stock could be very liquid in 1 exchange but not in another. When times get bad,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculate investment's interest rate to break-even insurance cost [duplicate] ### Answer: I wouldn't call it apples and oranges. This is literally an opportunity cost calculation. You can safely ass...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What percentage of my stock portfolio should be international (non-US) stocks? ### Answer: Without knowing anything else about you, I'd say I need more information. If all of your investments are in s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can all these countries owe so much money? Why & where did they borrow it from? ### Answer: They borrowed it from the people, and typically to finance wars and military spending. For example, Wik...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why invest for the long-term rather than buy and sell for quick, big gains? ### Answer: The price of a shares reflects the expected future returns of that company. If it does not someone will notice a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What retirement plans/options should i pick for a relatively unstable career path? ### Answer: Your retirement plan shouldn't necessarily be dictated by your perceived employment risks. If you're feel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would I qualify for a USDA loan? ### Answer: How realistic is it that I will be able to get a home within the 250,000 range in the next year or so? Very unlikely in the next year. The debt/income ra...
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: Security in the merchant services system is mainly handled in two ways: 1) Before transactions are done, the business itself must go through an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to pick a state to form an LLC in? ### Answer: There are very few circumstances where forming an out of state entity is beneficial, but a website is within these circumstances in certain instances...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does receiving a 1099-MISC require one to file a tax return even if he normally would not be required to file? ### Answer: Does he need to file a tax return in this situation? Will the IRS be concerne...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the debt:GDP ratio affect the country's economy? ### Answer: Is it not that bad? Depends how bad is bad. The problems causes by a government having large debt are similar to those caused by a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Financing a vehicle a few months before I expect to apply for a mortgage? ### Answer: Usually, it's not a good idea as it will not only raise your debt to income ratios, but also impact your credit s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay team mates out of revenues on my name ### Answer: Can I deduct the money that I giving to my team mates from the taxes that I pay? If yes, how should I record the transaction? Why? Why are you g...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Thrift Saving Plan (TSP) Share Price Charts ### Answer: TSP.Ninja http://www.tsp.ninja has all the TSP funds with good visualizations that are very similar to Google Finance. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: gift is taxable but is “loan” or “debt” taxable? ### Answer: If you are looking to transfer money to another person in the US, you can do do with no tax consequence. The current annual gift limit is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is IRS Form 8938 asking me to double-count foreign assets? ### Answer: Yes, you effectively need to "double count" when shifting balances between foreign accounts. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Online Return Policies ### Answer: If you paid by credit card, file a dispute with the credit card company. They will credit you the money immediately while they investigate. The burden of proof will ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: A University student wondering if investing in stocks is a good idea? ### Answer: Investing in the stock market early is a good thing. However, it does have a learning curve, and that curve can, and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it worth trying to find a better minimum down payment for a first time home buyer? ### Answer: It's worthwhile to try and find a better minimum down-payment. When I bought my home, I got an FHA lo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What percentage of my portfolio should be in individual stocks? ### Answer: How much should a rational investor have in individual stocks? Probably none. An additional dollar invested in a ETF or low ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How and why does the exchange rate of a currency change almost everyday? ### Answer: The basic idea is that money's worth is dependent on what it can be used to buy. The principal driver of monetary e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the correct answer for percent change when the start amount is zero dollars $0? ### Answer: A value of zero or a negative value makes the percent change meaningless. Saying 100% when going fro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does an index rearrange its major holdings ### Answer: An index will drop a company for several reasons: A fund decides how close they want to mirror the index. Some do so exactly, others only ap...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are long-term bonds risky assets? ### Answer: AAA bonds are safe, as far as the principal goes. If you buy long term bonds today (at very low rates) and the interest rate goes up to 10% in 5 years, th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is threatening to close the account a good way to negotiate with the bank? ### Answer: I would hold off on making that threat (closing your account). First, because as others have said, it's not likel...
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: So the principle is true. Assuming that you get paid bi-weekly, you end up getting three paychecks two months during the year. Typically...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In the stock market, why is the “open” price value never the same as previous day's “close”? ### Answer: Prices reflect all available information. (Efficient markets hypothesis) A lot can happen betwe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I buy a new house before selling my current house? ### Answer: I sold my house and had been in the market looking for a replacement house for over 6 months after I sold it. I found someone willing...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I get a Tax Exemption Certificate for export from the US if I am in another country? ### Answer: Assuming you are being charged sales tax, it all depends on where you take possession of the shi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How are long-term/short-term capital gains tax calculated on restricted stock? ### Answer: Fidelity has a good explanation of Restricted Stock Awards: For grants that pay in actual shares, the employe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do people buy insurance even if they have the means to overcome the loss? ### Answer: Insurance is a funny product. As you said, it is a little like gambling. When I buy term life insurance, I'm...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ways to establish credit history for international student ### Answer: I would like to post a followup after almost a quarter. littleadv's advice was very good, and in retrospect exactly what I should...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I have 10,000 stocks to sell with 23 B market cap ### Answer: You will almost certainly be able to sell 10,000 shares at once. The question is a matter of price. If you sell "at market" then you ma...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: why do I need an emergency fund if I already have investments? ### Answer: There are a few major risks to doing something like that. First, you should never invest money you can't afford to lose. An e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What foreign exchange rate is used for foreign credit card and bank transactions? ### Answer: A lot of questions, but all it boils down to is: . Banks usually perform T+1 net settlements, also called ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you calculate return on investment for a share of stock? ### Answer: To figure this out, you need to know the price per share then vs the price per share now. Google Finance will show you hist...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does delta of an option change with time if underlying price is constant? ### Answer: So, this isn't always the case, but in the example provided the option is most likely in the money or near the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Real estate agent best practice ### Answer: This question is a bit off-topic, might be better moved to another SE site. But I'll answer anyway: Sounds like the problem is that your wife is potentially...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What types of receipts do I need to keep for itemized tax deductions? ### Answer: I would say to only bother keeping the ones you know you'll use for itemized deductions. This includes any unreimburse...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I borrow money for investing? ### Answer: The question should read: "Borrow huge money for speculating". This is a bad idea on many levels. The lowest rates available will be from time-limit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can the Samsung Upgrade Programme offer 0% APR? ### Answer: This is more a question about economics than about personal finance. The answer, though, is straight-forward. Samsung makes enough profi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I raise finance to build a home for my family ### Answer: As I see it, there are 2 potential solutions - Joining with another person or 2, and buying a house with multiple bedrooms. I am in th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My boss wants to buy me a gift. How do I account for taxes for this? ### Answer: The way I have seen this done in the past is the business will withhold taxes on the amount of the gift. Very much lik...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is inflation? ### Answer: Inflation is basically this: Over time, prices go up! I will now address the 3 points you have listed. Suppose over a period of 10 years, prices have doubled. Now supp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Interest charges on balance transfer when purchases are involved ### Answer: The 'common sense' in it is that they want the maximum money from you while still suggesting to a quick read that you get a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Negative properties of continuously compounded returns ### Answer: What you're missing is the continuous compounding computation doesn't work that way. If you compound over n periods of time and a ra...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why doesn’t every company and individual use tax-havens to pay less taxes? ### Answer: Ditto @GradeEhBacon, but let me add a couple of comments: But more relevantly: GradeEhBacon mentioned transaction...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is debt almost always the cause of crashes and recessions? ### Answer: A lack of trust in the regulator can also stop everyone trading. If you don’t believe the bank notes you are getting paid with ...
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: Heck no, don't spend more! I saved a ton of money when I got my first real job. You won't always be able to do this. Sa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to estimate a reasonable amount for a signing bonus? ### Answer: Signing bonuses are probably the most variable of all, as there is a general understanding that more personal factors are taken int...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the incentive for a bank to refinance a mortgage at a lower rate? ### Answer: The reason is the same as with cell phones payment plans. As competition grows cell phone companies offer better p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I manage my portfolio as stock evaluation criteria evolve? ### Answer: Unfortunately I believe there is not a good answer to this because it's not a well posed problem. It sounds like you are ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the primary investment strategies people use and why do they use them? ### Answer: There are two umbrellas in investing: active management and passive management. Passive management is based ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would you use an IFA for choosing a pension fund ### Answer: Why would anyone listen to someone else's advice? Because they believe that the person advising them knows better than they do. It's as...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can landlord/property change unit after approval and payment of fees? ### Answer: Without the specifics of the contract, as well as the specifics of the country/state/city you're moving to, it's hard ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any other options for cash-out/construction loans? ### Answer: For alternative financing, pursue a line of credit or a Home Equity Line of Credit. (From the comments of @ChrisInEdmonton and @littlead...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off car loan entirely or leave $1 until the end of the loan period? ### Answer: I used to work for Ally Auto (formerly known as GMAC) and I'd advise not to pay off the account unless you need to f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does the “Free Ride” rule always apply to your entire collection of shares in a particular stock? ### Answer: Your question is unanswerable as you haven't provided enough information. I.e. If those sh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Employee stock option plan with undefined vesting? ### Answer: An option without the vesting period and the price at which one can exercise the option is of not much value. If vesting is determined by...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Good way to record currency conversion transactions in personal accounting software? ### Answer: Here's what the GnuCash documentation, 10.5 Tracking Currency Investments (How-To) has to say about boo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is a fixed-price natural gas or electricity contract likely to save money? ### Answer: I would argue: Because the company only offers you this if it can make money from it. What you are basically doin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why should I choose a business checking account instead of a personal account? ### Answer: Some benefits of having a business checking account (versus a personal checking account) are: The first 3 sho...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any Social Responsibility Index funds or ETFs? ### Answer: Look at the Calvert Funds. They have a variety of "socially responsible" funds with published selection standards. Beware of mixing...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Purchasing ETFs when (pretty much) everything else is maxed out ### Answer: Most ETFs are index funds, meaning you get built in diversification so that any one stock going down won't hurt the overall ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do banks finance shared construction as mortgages instead of financing it directly and selling the apartments in a building? ### Answer: Why should a bank get into construction specifically? Lots ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do people take out life insurance on their children? Should I take out a policy on my child? ### Answer: My parents and I were suckered into buying this kind of thing when I was in high school. Th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I find out which ETFs has holdings in a particular stock? ### Answer: This ETFchannel.com page shows which ETFs hold Wells Fargo and you can search other stocks the get the same information on...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In the stock market, why is the “open” price value never the same as previous day's “close”? ### Answer: It's done by Opening Auction (http://www.advfn.com/Help/the-opening-auction-68.html): The Openi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying extra on a mortgage. How much can I save? [duplicate] ### Answer: Paying $12,000 in lump sumps annually will mean a difference of about $250 in interest vs. paying $1,000 monthly. If front-load...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay for a cheap car or take out a loan? ### Answer: If you buy a new car, the odds that it will require repairs are fairly low, and if it does, they should be covered by the warranty. If you buy a use...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to do if my aging father is sustaining a hobby that is losing several thousand dollars every month? ### Answer: How about opening a Coffee shop section in the bookshop to generate some cash flow ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Comparing keeping old car vs. a new car lease ### Answer: Regarding the opportunity cost comparison, consider the following two scenarios assuming a three-year lease: Option A: Keep your current car f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the risk-neutral probability? ### Answer: You have actually asked several questions, so I think what I'll do is give you an intuition about risk-neutral pricing to get you started. Then I thi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If a company in China says it accepts Visa, does it accept all Visas? ### Answer: Generally, credit card networks (as opposed to debit/ATM cards that may or may not have Visa/MC logos) have a rule tha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the contents of fixed annuities? ### Answer: For a variable annuity, you need to know the underlying investments and how your returns are credited to your account. For a fixed annuity, the is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is an analyst's “price target” assumed to be for 12 months out? ### Answer: I don't think you can always assume a 12-month time horizon. Sometimes, the analyst's comments might provide some color on ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What do brokers do with bad stock? ### Answer: Market makers, traders, and value investors would be who I'd suspect for buying the stock that is declining. Some companies stocks can come down consider...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to systematically find sideways stocks? ### Answer: You can likely use bollinger band values to programmatically recognize sideways trending stocks. Bollinger band averages expand during periods o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: New to investing — I have $20,000 cash saved, what should I do with it? ### Answer: @mbhunter and @JoeTaxpayer have given good advice. Were I in your situation, the only thing I might do differently i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should rented software be included on my LLC's balance sheet? ### Answer: I was only able to find Maryland form 1 to fit your question, so I'll assume you're referring to this form. Note the requireme...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: question about short selling stocks ### Answer: My take on this is that with any short-selling contract you are engaging in, at a specified time in the future you will need to transfer ownership of th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Outstanding car bill, and I am primary but have not driven it for 2 years ### Answer: Sounds like you need to contact your ex and sort it out. If you have co-signed the loan, changes are you are equal...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ongoing Automatic Investment Fee ### Answer: Reading the plan documentation, yes, that is what it means. Each purchase by bank debit, whether one-time or automatic, costs $2 plus $0.06 per share; so ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the implications of a corporate stock repurchase or share buyback program? ### Answer: A stock buy back reduces the number of stocks available on the open market. Since stocks are literally ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Found an old un-cashed paycheck. How long is it good for? What to do if it's expired? ### Answer: The check is just barely over 6 months old. I suspect it will go through with no issues. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I buy an OTC stock listed in Nasdaq from India? ### Answer: According to this page on their website (http://www.kotaksecurities.com/internationaleq/homepage.htm), Kotak Securities is one big-n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are tax deductions voluntary? ### Answer: There are many people who have deductions far above the standard deduction, but still don't itemize. That's their option even though it comes at a cost. It ma...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does gold have value? ### Answer: Because people are willing to trade for it. People are willing to trade for Gold because: The value of gold goes up because the demand for it goes up, while the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much time does a doctor's office have to collect balance from me? ### Answer: They have forever to collect a balance from you. Furthermore they can add whatever penalties and fees they wish to in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Profiting off $0.01 changes in real life? ### Answer: You can certainly try to do this, but it's risky and very expensive. Consider a simplified example. You buy 1000 shares of ABC at $1.00 each, with...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I replace bonds in a passive investment strategy ### Answer: I have had similar thoughts regarding alternative diversifiers for the reasons you mention, but for the most part they don't exist. ...