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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does the Fed do with the extra money it is printing? ### Answer: Usually the FED uses newly printed money to buy US treasuries from Goldman Sachs, JP Morgan, etc.. These banks then lend out the ...
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: I kind of hate piling on with another opinion, but this is too long for a comment. I did what you are thinking of doing, I would at least try rent...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing in income stocks for dividends - worth it? ### Answer: After looking at your profile, I see your age...28. Still a baby. At your age, and given your profession, there really is no need to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where to Park Proceeds from House Sale for 2-5 Years? ### Answer: As soon as you specify FDIC you immediately eliminate what most people would call investing. The word you use in the title "Parking" i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the correct way to report incentive stock options (ISO) on federal taxes? ### Answer: I'm assuming this was a cashless exercise because you had income show up on your w-2. When I had a similar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing in dividend-yielding stocks with money borrowed from margin account? ### Answer: My gut is to say that any time there seems to be easy money to be made, the opportunity would fade as everyon...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who maintains receipt for employee expense reimbursements? ### Answer: In the normal course of events, you should receive a separate check for the amount of the purchase, and that amount should not be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a trust? What are the different types of trusts? ### Answer: A trust is a financial arrangement to put aside money over a period of time (typically years), for a specific purpose to benefit so...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When filing taxes in Canada, in what cases does box 39 on the T4 get reported as half of box 38? ### Answer: Here's the best explanation I found relating to why your T4 box 39 might not have an amount...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Effective interest rate for mortgage loan ### Answer: With the $2000 downpayment and interest rate of 11.5% nominal compounded monthly the monthly payments would be $970.49 As you state, that is a mon...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I find the historical stock price for a specific stock on a specific date? ### Answer: I've had luck finding old stock information in the Google scanned newspaper archives. Unfortunately there...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate 1 share movement ### Answer: Unless other people believe you have a reason for selling at a lower price, your sale probably has no lasting effect at all on the market. Of course, if p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why did Apple instantly become the most volatile stock in the US? ### Answer: I looked at data from Sept 2010 to present: Standard deviation is what shows the spread shape of returns over time, and it...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Online accounting with Stripe/PayPal transactions ### Answer: Crickets here, so I'll respond with what I ended up doing. At the end of each month, I download transaction data from each of Stripe and P...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to compare the value of a Masters to the cost? ### Answer: I am a bit unsure of why the interest rate is relevant. Are you intending on borrowing the money to go to school? If you cannot pay cas...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should you check to make sure your employer is paying you the correct superannuation amount? [Australia] ### Answer: As poolie mentioned, you should get online access to your account. This will do a c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have more than $250,000 in a US Bank account… mistake? ### Answer: Build a trust. I have a trust account under my name and 3 dependents, FDIC confirmed we're good to 1m. Then I have personal account...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I be filling out form W-9 for somebody I sold used equipment to? ### Answer: They are a business. You're not a corporation. They paid you more than $600 during the year, so they're supposed to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I prove having savings without giving out the account number? ### Answer: Ask your bank to write a letter asserting that you have $xxxxx on deposit with them, on their letterhead? Though realistic...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it rational to pay out a dividend? ### Answer: First, you need to understand that not every investor's goals are the same. Some investors are investing for income. They want to invest in a pro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the p/e ratio? ### Answer: PE ratio is the current share price divided by the prior 4 quarters earnings per share. Any stock quote site will report it. You can also compute it yourself. All yo...
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 full text of the Landlord-Tenant Act (specifically, section 554.614 of Act 348 of the year 1972) makes no mention of t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a stock split (reverse split)? ### Answer: It was actually a reverse split meaning that every 10 shares you had became 1 share and the price should be 10x higher. - Citigroup in reverse split ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Corporate Finance ### Answer: If it's raising $25 million with a debt to equity ratio of 50% then it's raising $8.33 million of debt and $16.67 million of equity. You've priced it as if it were raisin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is 401k as good as it sounds given the way it is taxed? ### Answer: This is an excellent topic as it impacts so many in so many different ways. Here are some thoughts on how the accounts are used whic...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should you co-sign a personal loan for a friend/family member? Why/why not? ### Answer: Yes, there are times when co-signing is the right choice. One is when you know more about the person than the lo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: W2 vs 1099 Employee status ### Answer: In general that's illegal. If you're a W2 employee, you don't miraculously become a 1099 contractor just because they pay you more. If your job doesn't change - ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Multi-state K-1 earnings to S-Corp ### Answer: I'm not sure why you think that it matters that the distribution goes to an S-Corp vs an individual tax payer. You seem to think it has any relevance to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Selling an app, sharing income, how does it work tax-wise? ### Answer: There are a few different ways to organize this, but mostly I think you need to talk to a lawyer. The 50/50 split thing should b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to quickly track daily cash expenses that don't come with a receipt? ### Answer: Go the opposite approach. Budget a certain amount of cash and keep it combined. Don't exceed it (but next time bu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are dividends, when are they paid, and how do they affect my position? ### Answer: Dividends are normally paid in cash, so don't generally affect your portfolio aside from a slight increase to 'c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Online tools for monitoring my portfolio gains/losses in real time? ### Answer: The trick is real time. I like to wake up in the morning, turn on my computer and see at a glance the gain or loss data ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Execute or trade an options contract? ### Answer: Here is the answer for #3 from my brokerage: Your math is correct. Typically, option traders never take delivery of the stock simply to then turn arou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Theoretically, if I bought more than 50% of a company's stocks, will I own the company? ### Answer: I almost agree. I am not completely sure about the ownership of stock, but to have the majority owne...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Other than being able to borrow to invest, how is a margin trading account different from a cash account? ### Answer: Probably the most significant difference is the Damocles Sword hanging over your h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I find a good mutual fund to invest 5K in with a moderately high amount of risk? ### Answer: The "Money 70" is a fine list: http://money.cnn.com/magazines/moneymag/bestfunds/index.html Money ma...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should a 21 year old do with £60,000 ($91,356 USD) inheritance? ### Answer: Depending on where you live in the UK, buying a house sooner might be a better option. I would echo the advice about pu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best way to get cash from my retirement accounts for a home down payment? ### Answer: You can withdraw the contributions you made to Roth IRA tax free. Any withdrawals from Roth IRA count ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to find historical stock price for a de-listed or defunct company? ### Answer: http://www.euroinvestor.com/exchanges/nasdaq/macromedia-inc/41408/history will work as DumbCoder states, but didn't c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can the risk of investing in an asset be different for different investors? ### Answer: Capping the upside while playing with unlimited downside is a less disciplined investment strategy vis-a-vis a s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are credit cards not viewed as credit until you miss one payment? ### Answer: K, welcome to Money.SE. You knew enough to add good tags to the question. Now, you should search on the dozens of questio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Accepting personal “donations” (not as a non-profit) ### Answer: I see two ways you can handle this. Use the gifts for the purpose of creating more free software. This is fundraising, and your cause ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can individual investors buy precious metals at the spot price? ### Answer: There are various exchanges around the world that handle spot precious metal trading; for the most part these are also the p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why there's always a very huge volume of trades for AAPL every day before market close? ### Answer: A huge amount of money in all financial markets is from institutional investors, such as mutual fund...
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: To avoid going on and on in the comments I'm going to add this point that seems to be missing from the other answ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are services provided to Google employees taxed as income or in any way? ### Answer: Others have pointed out that many benefits offered by employers "for free" are actually taxed; the employee must pa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a car company refuse to give me a copy of my contract or balance details? ### Answer: The advice above is generally good, but the one catch I haven't seen addressed is which specific laws apply. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to a call option in a cash/stock acquisition? ### Answer: I believe that your option contracts will become "non-standard" and will be for a combination of ACE stock and cash. The allocat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do to pick the right consultant to open offshore bank account ### Answer: It is unusual to need a consultant to open a bank account for you, and I would also be concerned that perhaps th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens if a purchase is $0.02 in Canada? ### Answer: The rounding should always follow the same rule. If the value ends in .01 or .02 then you round to .00. Doesn't matter if it's 10.01 rounding...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Covered Call Writing - What affects the price of the options? ### Answer: There are some excellent responses to this question at the time of this post. I have had the greatest success writing 1-month ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do some stocks have a higher margin requirement? ### Answer: It's about how volatile the instrument is. Brokers are concerned not about you but about potential lawsuits stemming from their perceiv...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to improve stock purchase with limit orders accounting for volatility? ### Answer: The simplest solution to fire-and-forget is to pick something like a Target Date mutual fund made up o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I know if my mutual fund is compounded? ### Answer: When we talk about compounding, we usually think about interest payments. If you have a deposit in a savings account that is earning compound...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Short term parking of a large inheritance? ### Answer: Here's what I suggest... A few years ago, I got a chunk of change. Not from an inheritance, but stock options in a company that was taken privat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Index fund that tracks gold and other commodities ### Answer: I don't know answers that would be specific to Canada but one of the main ETF funds that tracks gold prices is GLD (SPDR Gold Trust) anoth...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does anyone know what Bank of NY Mellon's EB DLs are? ### Answer: ACWI refers to a fund that tracks the MSCI All Country World Index, which is A market capitalization weighted index designed to provi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Looking for suggestions for relatively safe instruments if another crash were to happen ### Answer: Nobody has a "crash proof" portfolio -- you can make it "crash resistant". You protect against a cra...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I pay off my credit card balance to free up available credit? ### Answer: Is it possible to pay off my balance more than once in a payment period in order to increase the amount I can spend in a p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will I be liable for taxes if I work for my co. in India for 3 months while I am with my husband in UK ### Answer: The finance team from your company should be able to advise you. From what I understa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do the 1 and 2 euro cent coins exist and why are they used? ### Answer: While dealing with US pennies and not 1 and 2 cent euro pieces, you may find this Wikipedia article of interest and analogou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is transfer of long term investment proceeds from India considered taxable in the U.S.? ### Answer: If you are a US resident (not necessarily citizen) then yes, you do have to pay capital gains taxes ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I cosigned for a friend who is not paying the payment ### Answer: I think I'm reading that you cosigned a loan with a friend, and they've stopped paying on their loan. Not a whole lot of options here....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What Russell 2000 price action would move TZA on the upside back to its 6000 level? ### Answer: the pricing model makes all inverse leveraged ETF decay over time. When the price gets low the manager c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How would bonds fare if interest rates rose? ### Answer: When interest rates rise, the price of bonds fall because bonds have a fixed coupon rate, and since the interest rate has risen, the bond's rat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some good, easy to use personal finance software? [UK] ### Answer: +1 for YNAB. I used to use MS Money until it was decommissioned. I used that to historically record my spending and investin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Question about being a resident ### Answer: I am assuming you are asking for Tax purposes. In Oregon, there is a distinction between Full-Year and Partial-Year residency for Tax purposes. You are most...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Insurance company sent me huge check instead of pharmacy. Now what? ### Answer: Deposit check and send a personal check (resulting in tax and IRS reporting issues) That's a bad idea, unless maybe the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are social media accounts (e.g. YouTube, Twitter, Instagram, etc.) considered assets? ### Answer: The buyer of such an account is likely treating it as an asset, and if they ever resell it capital gai...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do some symbols not have an Options chain for specific expiration dates? ### Answer: Short answer: Liquidity. Well, you have to see it from an exchange's point of view. Every contract they put up...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is company provided health insurance tax free, but individual health insurance is not? ### Answer: Basically a company who provides health insurance for their employees provides it as part of the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Death and Capital Gains Taxes (United States) ### Answer: Stocks (among other property) currently is allowed a "stepped-up basis" when valuing for estate tax purpose. From the US IRS web page: To det...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I scale down my 401k? ### Answer: the whole room basically jumped on me I really have an issue with this. Someone providing advice should offer data, and guidance. Not bully you or attack you. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Computer vendor not honoring warranty. What's the next step? ### Answer: You're probably best off going to a different store to fix the computer. Right now you don't have "damages." You could sue him...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are my parents ripping me off with this deal that doesn't allow me to build my equity in my home? ### Answer: Actually if you look at a loan for $115,000 over 30 years at current interest rates you wo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: which types of investments should be choosen for 401k at early 20's? ### Answer: If you don't want to pay much attention to your investments, target date funds -- assuming you find one (like Vanguard'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do i get into investing stocks [duplicate] ### Answer: Everything that I'm saying presumes that you're young, and won't need your money back for 20+ years, and that you're going to invest addition...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay off investment property mortgage ### Answer: I don't think it's all or none. First, 15 year mortgages are sub-3% right now, even for an investment property you'd get under 4%. shop around...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where should I park my rainy-day / emergency fund? ### Answer: I am using ING for my emergency savings, but sometime last year I discovered SmartyPig. As of 4/24/2010 they offer 2.1%, which is even be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I spend too much money. How can I get on the path to a frugal lifestyle? ### Answer: For many folks these days, not having a credit card is just not practical. Personally, I do quite a bit of shopping...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Margin when entered into a derivative contract ### Answer: Derivatives derive their value from underlying assets. This is expressed by the obligation of at least one counterparty to trade with the ot...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to learn about doing technical analysis? Any suggested programs or tools that teach it? ### Answer: A great way to learn is by watching then doing. I run a very successful technical analysis blog...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 15 year mortgage vs 30 year paid off in 15 ### Answer: Other people have belabored the point that you will get a better rate on a 15 year mortgage, typically around 1.25 % lower. The lower rate makes ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Relation between inflation rates and interest rates ### Answer: Possibly but not necessarily, though that can happen if one looks at the US interest rates in the late 1970s which did end with really h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does the calculation for IRR use revenue, not profit? ### Answer: The short answer is that you would want to use the net inflow or net outflow, aka profit or loss. In my experience, you've got a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How are shares used, and what are they, physically? ### Answer: How to 'use' your shares: If you own common shares in a company (as opposed to a fund) then you have the right (but not the obligation) ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the stock market a zero-sum game? ### Answer: Suppose everybody stopped all economic activity right now. No more work for others, no payments, no trade in kind or otherwise. Would average wealth st...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are Certificates of Deposit worth it compared to investing in the stock market? ### Answer: Another factor to consider, beyond the fact that growth and volatility go together, is that the times when m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I be worried that I won't be given a receipt if I pay with cash? ### Answer: There are number of reasons why someone doesn't want to give you a receipt for cash payment. Anything ranging from n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can There Be Partial Trade Fill Percentage? ### Answer: I place a trade, a limit order on a thinly traded stock. I want to buy 1000 shares at $10. The current price is $10.50. Someone places a market ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can company owners use lay offs to prevent restricted stock from vesting before an acquisition? ### Answer: As littleadv says it depends on the local laws. Normally one shouldn't be too worried. Typ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What exactly is a wealth management platform? ### Answer: Most businesses have some sort of software to manage their client data. Most of these various software and/or services are industry specific....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is “cheque cashing” a legitimate business? ### Answer: This answer is based on my understanding of the US banking system. We have check cashing businesses here too, which are just like what you d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My ex sold our car that still had money owed ### Answer: It is a legal issue for two reasons. In the United States if both names were on the title both people would have had to sign the paperwork in o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm in Australia. What should I look for in an online stock broker, for trading mostly on the ASX? ### Answer: If you want the cheapest online broker in Australia, you can't go past CMC Markets, they...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a bank need to accept deposits from private clients if it can just borrow from the Federal Reserve? ### Answer: Central Banks are essentially a cartel, designed to let banks in general borro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I donate depreciated stock to charity, can I deduct both the market value and the capital loss? ### Answer: No. You should only donate appreciated stock. If you own a stock at a loss, you can only ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens if I just don't pay my student loans? ### Answer: Collection agencies will eventually find you if you work for an employer that uses the credit bureaus for pre-employment screening, or yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How smart is it to really be 100% debt free? ### Answer: Keep in mind that you NEED to have a cash reserve. Blindly applying all stray cash to debt reduction is a bad idea. Your lenders do not care ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will there always be somebody selling/buying in every stock? ### Answer: Many people assume that if the price of something is $10 and they have 1,000 of that thing, they should expect to be able to se...