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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there “buy and hold” passively managed funds? ### Answer: Passive implies following an index. Your question seems to ask about a hypothetical fund that starts, say, as an S&P fund, but as the inde...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Selecting between investment vehicles for income ### Answer: It sounds like you are interested in investing in the stock market but you don't want to take too much risk. Investing in an Index EFT will...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Odds of early assignment for a short in the money call ### Answer: It depends how deep in the money it is, compared to the dividend. Even an in the money call has some time premium. As the call holde...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some good books for learning stocks, bonds, derivatives e.t.c for beginner with a math background? ### Answer: Start with Options, Futures and Other Derivatives by John Hull. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How are the $1 salaries that CEOs sometimes take considered legal? ### Answer: Part of your first link has this statement that I suspect you are missing: However, Section 13(a)(1) of the FLSA provides...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a company care about the price of its own shares in the stock market? ### Answer: Why do companies exist? Well, the corporate charter describes why the company exists. Usually the purpose is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: New to investing — I have $20,000 cash saved, what should I do with it? ### Answer: I don't agree with others regarding paying off debt ASAP. You only have auto loan and auto loans are actually good f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I want a Credit Card offered through a different Credit Union should I slowly transition my banking to that CU? ### Answer: No. There's no inherent reason to link the place that you bank with any o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I negotiate a lower salary to be placed in a lower tax bracket? ### Answer: If your employer offers a 401k retirement plan then you can contribute a portion of your salary to your retirement an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off credit card debt or earn employer 401(k) match? ### Answer: Mathwise, I absolutely agree with the other answers. No contest, you should keep getting the match. But, just for completeness, I'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: College student interested in starting a stock portfolio, how much should I invest? ### Answer: You should invest a trivial (<500$USD) amount of money in a stock portfolio. If you aren't able to make ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros and Cons of Interest Only Loans ### Answer: Pros: Cons: Before the housing bubble the conventional wisdom was to buy as much home as you could afford, thereby borrowing as much you can afford. B...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the smartest thing to do in case of a stock market crash ### Answer: If the market has not crashed but you know it will, sell short or buy puts. If the market has crashed, buy equities while ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is retirement planning so commonly recommended? ### Answer: You don't have to retire. But the US government and other national governments have programs that allow you to set aside money when you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are you preparing for a possible dollar (USD) collapse? (How?) ### Answer: I recently finished reading a book that you may be interested in based on your question, The Ultimate Suburban Survivalist Gu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would someone buy a way out-of-the-money call option that's expiring soon? ### Answer: I think the best answer that doesn't make the buyer look like a moron is this. Buyer had previously sold a co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to divide a mortgage and living area fairly? ### Answer: In my opinion, since she will live in one apartment, as will you and your husband, the simplest method is to divide the ratio exactly the s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying and selling the same stock ### Answer: If you buy for $1 and sell $1 when the price goes to $2, you would have sold only half of your initial investment. So your investment would now be worth $...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: US Double Taxation - Business Trips and the Foreign Tax Credit ### Answer: If you're a US citizen, money earned while in the US is sourced to the US. So you can't apply FTC/FEIE to the amounts attribu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros/Cons of Buying Discounted Company Stock ### Answer: The major pros tend to be: The major cons tend to be: Being in California, you've got state income tax to worry about as well. It might be wor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Interest on security deposits paid to landlords, in Michigan? ### Answer: NO. The legislation requires the landlord to deposit it in a bank. Check out pages 7-10 of the linked document. There is no...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does the stock market create any sort of value? ### Answer: You are correct that a share of stock in a company has zero intrinsic value. Even if the company typically pays dividends, there's no guara...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Double-entry bookkeeping: When selling an asset, does the money come from, Equity or Income? ### Answer: It's better to use the accounting equation concept: Asset + Expenses = Capital + Liabilities + ...
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: Pete and Noah addressed the math, showing how this is, in effect, converting a 30yr to a ~23yr mortgage, at a cost, plus payment about 8% ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the minimum lot size (number of shares) for the London Stock Exchange? ### Answer: 1 lot is 100 shares on London stock exchange ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where do web sites get foreign exchange currency rate / quote information? ### Answer: The prices quoted are for currency pairs traded on the foreign exchange market. For currencies traded on these ex...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the valuation of a company based on? ### Answer: The textbook answer would be "assets-liabilities+present discounted value of all future profit". A&L is usually simple (if a company has an ex...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will depositing $10k+ checks each month raise red flags with the IRS? ### Answer: Your main concern seems to be to be accused of something called 'smurfing' or structuring. http://en.wikipedia.org/wik...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Principal 401(k) managed fund fees, wow. What can I do? ### Answer: In my opinion, the fee is criminal. There are ETFs available to the public that have expenses as low as .05%. The index fund VIIIX ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a house, how much should my down payment be? ### Answer: I'm going to answer your questions out of order. Emergency fund: Depending on how conservative you are and how much insurance you have, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: On what time scales are stock support and resistance levels meaningful? ### Answer: Stock support and resistance levels mean that historically, there was "heavy" buying/selling at those levels. This s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Received mysterious K-1 form, seeking answers ### Answer: SXL is a Master Limited Partnership so all of the income is pass-through. Your equity purchase entitles you to a fraction of the 66% of the c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any US bank that does not charge for incoming wire transfers? ### Answer: There are banks and credit unions that don't charge fee for incoming wire transfer. You most likely won't get that fr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is Insider Trading Illegal? ### Answer: It is illegal because laws are written by people, and laws of stock trade are written, in part, to make it appear "fair" and thus contribute to the willingn...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to rescue my money from negative interest? ### Answer: You obviously pay your taxes in Switzerland and are employed (judging from your comments on your maximum possible contribution to the 3. Säul...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Borrow from 401k for down payment on rental property? ### Answer: the most important information that you provided was "I'm 25 years old". You have a few years to save for a rental property. Taking a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Short or Long Term Capital Gains for Multiple Investments ### Answer: Tell your broker. You can usually opt to have certain positions be FIFO and others LIFO. Definitely possible with Interactive Br...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where should I invest my savings? ### Answer: Since you mention the religion restriction, you should probably look into the stock market or funds investing in it. Owning stock basically means you own ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 60% Downpayment on house? ### Answer: Keep in mind, this is a matter of preference, and the answers here are going to give you a look at the choices and the member's view on the positive/negative for ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get an ITIN if I don't have passport? ### Answer: On the IRS site you can find a list of "acceptance agents" in your country. Talk to one of them, they'll deal with the IRS on your behalf. If y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Could someone explain this scenario about Google's involvement in the wireless spectrum auction? ### Answer: If history is any guide, Page’s idealistic impulses could result in a vaster, more sprawlin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How could strike price for new shares be higher than the market price ### Answer: This can arise with very thinly traded stocks for large blocks of shares. If the market only has a few thousand dollar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why did the Swiss National Bank fix the EUR/CHF exchange rate at CHF 1.20? ### Answer: It's not. If you look at the page you link to and change dates, it's clear the rate changes a bit. 120.15 120.1 p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I invest in the London stock market when resident on a visa? ### Answer: There are no legal restrictions on doing this. If you're living in the UK, just open an account like any other resident of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Malaysian real estate: How to know if the market is overheated or in a bubble? ### Answer: I think the only sure way to know if there is a bubble is to wait till it bursts and buy then. If it would be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How are Share Awards and Sales Treated? ### Answer: Stock awards by employers are treated and taxed as salary. I.e.: you pay ordinary rate income tax, FICA taxes, State taxes etc. The fact that you go...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: what if a former employer contributes to my 401k in the year following my exit? ### Answer: According to the IRS, you can still put money in your IRA. Here (https://www.irs.gov/Retirement-Plans/Plan-P...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does “interest rates”, without any further context, generically refer to? ### Answer: In the United States, if someone refers to the "interest rate", especially if heard on news or talk radio in ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are my investment options in real estate? ### Answer: Real estate investment is a proven creator of wealth. Check into the history of the rich and you will find real estate investment. Starting ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying from an aggressive salesperson ### Answer: In my experience when a salesperson says a particular deal is only good if you purchase right now, 100% of the time it is not true. Of course I can't ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is inflation a good or bad thing? Why do governments want some inflation? ### Answer: Inflation is what happens, it is not good or bad in and of itself. But consider the following. In a thriving econ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: That “write your own mortgage” thing; how to learn about it ### Answer: If an entity or individual has full rights to the land and land improvements, they can hold, transfer, delegate, or dispose of t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Settling house with husband during divorce. Which of these two options makes the most sense? ### Answer: How about a third approach: Figure the buyout as above. Figure what percentage of the value of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: ESPP strategy - Sell right away or hold? ### Answer: A general rule of thumb is to avoid having more than 5% of your investments in any single stock, to avoid excessive risk; it's usually even more ri...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Formula to determine readiness to retire based on age, networth and annual expense ### Answer: The standard interpretation of "can I afford to retire" is "can I live on just the income from my savings...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I believe a stock is going to fall, what options do I have to invest on this? ### Answer: Aganju has mentioned put options, which are one good possibility. I would suggest considering an even easie...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any reason to choose my bank's index fund over Vanguard? ### Answer: Your bank's fund is not an index fund. From your link: To provide a balanced portfolio of primarily Canadian securities t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would you ever turn down a raise in salary? ### Answer: In Australia there are cases for the argument. 1) We have laws against unfair dismissal that do not apply above certain thresholds. Your pos...
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: Why adjust for inflation annually, as opposed to realising it after the holding period? ### Answer: I would use neither method. Taking a short example first, with just three compounding periods, with...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it normal for brokers to ask whether I am a beginner? ### Answer: In Canada, for example, they are expected or required to find out. They call it, The “Know Your Client” rule, part of which is know...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do currency markets work? What factors are behind why currencies go up or down? ### Answer: From my limited experience with foreign exchange... Money is a commodity.. people buy it and sell it lik...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Cashing in stocks for house downpayment ### Answer: I'm not sure where people keep getting this idea, but I see it come up a lot. Anyway, you pay capital gains taxes when you sell an investment that h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Consolidate my debt? Higher APR, but what does that actually mean? ### Answer: No. It means each month the total amount you owe goes up by a factor of (1+0.298/12). So if you owed $23K at the beginn...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Considering buying a house in town with few major employers (economic stability) ### Answer: It seems pretty clear to me that one of two things will happen regarding your local housing market: Persona...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Short-term robots and long-term investors in the stock market ### Answer: Consider the price history to be the sum of short term movements and long term movements. If you hold a stock for a long time ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do so many NFL (pro football) players have charities? ### Answer: BobbyScon's answer really covers this, but perhaps isn't sufficiently explicit. Reason 1 of the quotation is the largest, by far:...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Trading on forex news, Interactive Brokers / IDEALPRO, and slippage ### Answer: Slippage is tied to volatility, so when volatility increases the spread will also increase. There is no perfect formula ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Job Offer - Explain Stock Options [US] ### Answer: Its important that you carefully read the agreement, if you accept the job. The options agreement will usually specify the vesting schedule, the stri...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I pay off my private student loans that have a lot of restrictions? ### Answer: Are there any (monthly) administrative fees on those loans that are charged separately? If not, you should ju...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some good books for learning stocks, bonds, derivatives e.t.c for beginner with a math background? ### Answer: Those are the three books that were considered fundamental at my university: Inv...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do people always talk about stocks that pay high dividends? ### Answer: Mostly we invest in companies to make money. The money can be paid to as in the form of dividends that are a share of the pr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I Use an Investment Professional? ### Answer: Agree with the above poster regarding causation vs. correlation. Unless you can separate out the variables questions like this are somewhat impossi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Making $100,000 USD per month, no idea what to do with it ### Answer: You already did the leg work by putting your money in a Schwab account. They have some of the lowest fees on index funds you can b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Postbank (Germany) - transferring money to the US - what are the best options? ### Answer: For those who are interested, I am answering my own question: We used Postbank and transferred 6000 Euro, we ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: On a debt collection agency's letter, what does “balance” refer to? ### Answer: The balance is the amount due. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is this understanding of S-corp taxes correct? ### Answer: I think you're misunderstanding how S-Corp works. Here are some pointers: I suggest you talk with a EA/CPA licensed in your state and get you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to handle taxes related to affiliate marketing? ### Answer: Is it right that I request form W-9 or form W-8BEN (for non U.S. citizens) from the affiliate users before sending them payments? Not ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Understanding how this interpretation of kelly criterion helps the trader ### Answer: Three important things worth remembering about Kelly when applied to real world edges: 1) Full Kelly staking is gu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to block previously authorized ACH access? ### Answer: I had a similar situation a while ago, and here's what I learned: What are our options here to ensure that this company can't retr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Selling high, pay capital gains, re-purchase later ### Answer: Ignoring brokerage fees and the wash-sale rule (both of which are hazardous to your health), and since the 15% LTCG tax is only on the ga...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What can cause rent prices to fall? ### Answer: In the US, the government effectively sets a price floor for rents with a concept called "prevailing rent" for government subsidy. Even the crappiest, m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the meaning of “writing put options”? ### Answer: Apple closed Friday 9/23 at $403.40. This is what the Puts look like, note the 2013 expiration. (The rest is hypothetical, I am not advisin...
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: Visa card expired while on the other side of the world. Visa from other bank declined for suspected fraud. "You should have...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best way to determine if you should refinance a mortgage? ### Answer: See the Mortgage Professor's calculators (#3). Go to bankrate and look up rates so you know what to punch in to those ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will depositing $10k+ checks each month raise red flags with the IRS? ### Answer: Contractors regularly deposit checks like this; if the income is legitimate don't worry. Report it to the IRS as incom...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to become an investment banker? ### Answer: Since you are only 16, you still have time to mature what you will do with your life, always keep your mind opend. If you are really passionated about i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What amount of money can a corporation spend on entertainment ### Answer: There is no simple rule like "you can/can't spend more/less than $X per person." Instead there is a reasonableness test. There...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Difference between IRR and ROR ### Answer: There may be differences in different contexts, but here's my general understanding: Rate of Return (or Return on Investment) is the total gain or loss of an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can somebody explain “leveraged debt investment positions” and “exposures” in this context for me, please? ### Answer: Exposure is the amount of money that you are at risk of losing on a given positio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would someone buy a way out-of-the-money call option that's expiring soon? ### Answer: I suggest you look at many stocks' price history, especially around earnings announcements. It's certainly a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a “Subscription Rights Offering” of a stock one owns? ### Answer: After a company goes public, if it wants to raise more money, then it does this by secondary public offering or rights issue. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have an extra 1000€ per month, what should I do with it? ### Answer: As many before me said but will say again for the sake of completeness of an answer: First off provision to have an emergency fu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to know which companies enter the stock market? ### Answer: For months prior to going public a company has to file financial documents with the SEC. These are available to the public at www.sec.go...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: stock option grant being cancelled because strike price greater than FMV and replaced with a new grant at a higher strike price ### Answer: What could the tax issues with the IRS be? I thought (but no...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which practice to keep finances after getting married: joint, or separate? ### Answer: This particular topic has probably been beaten to death already. But from the other comments, it seems that spli...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can capital loss in traditional IRA and Roth IRA be used to offset taxable income? ### Answer: Edited in response to JoeTaxpayer's comment and OP Tim's additional question. To add to and clarify a lit...
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 problem is that short-term trends are really unpredictable. There is nobody who can accurately predict wher...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Totally new to finance, economy, where should I start? ### Answer: A couple of good books I enjoyed and found very understandable (regarding the stock market): As for investment information you can ge...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to invest with a low net worth ### Answer: I have an opposite view from all the other contributions here. Why not consider starting your own business. With the little money you have the return wil...