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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Biggest stock price gain vs. biggest mkt cap gain ### Answer: When you look at those results you'll see that it lists the actual market cap for the stocks. The ones on the biggest price move are usua...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a stock warrant? How do warrants work? ### Answer: In Australia there are 2 type of warrants (I don't know if it is the same in the US, UK and other countries), the first are trading warrants ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Isn't an Initial Coin Offering (ICO) a surefire way to make tons of money? ### Answer: My big gripe with the ICO name and corresponding mania is that it has no similarity to an IPO. At best an ICO is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can one use Google Finance to backtest (i.e. simulate trades in the past)? ### Answer: If you use Google Finance, you will get incorrect results because Google Finance does not show the dividend histo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is the breakdown of a loan repayment into principal and interest of any importance? ### Answer: Yes, the distinction between how your funds are applied to principal vs interest is very important. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does a long/purchased call option have a long position in the option itself? ### Answer: If it helps you to think about it, long is equivalent to betting for the upside and short is equivalent to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there an advantage to keeping a liquid emergency fund if one also has an untapped line of credit? ### Answer: recommend keeping some amount of money in cash as an emergency fund I see two keywords,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Want to buy a car but have not enough money ### Answer: When your dream car is not just 200 times your disposable income but in fact 200 times your whole monthly salary, then there is no way for you t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will a credit card issuer cancel an account if it never incurs interest? ### Answer: Remember, the card company gets a percentage at the time of purchase, as well as any interest you let them collect ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Details on opening a small corporation in ontario ### Answer: The Canada Revenue Agency does indeed put out just the guide you want. It's at http://www.cra-arc.gc.ca/E/pub/tg/rc4070/rc4070-e.html - yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can value from labor provided to oneself be taxed? ### Answer: The basis of the home is the cost of land and material. That's it. Your time isn't added to basis. No different than if you spend 1000 h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Freelance site with lowest commission fees? ### Answer: Your own site/business. I’m in freelancing and internet business for 15 years, 20 years IT experience. Currently i use freelance websites for ch...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to invest a small guaranteed monthly income? ### Answer: In my opinion, you can't save too much for retirement. An extra $3120/yr invested at 8% for 30 years would give you $353K more at retiremen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Advice on low-risk long-term strategy for extra cash? ### Answer: Look at a mixture of low-fee index funds, low-fee bond funds, and CDs. The exact allocation has to be tailored to your appetite for ri...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When are stock trade fees deducted? ### Answer: As others have said, it depends on the brokerage firm. My broker is Scottrade. With Scottrade the commission is assessed and applied the moment the ord...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How far into the future is a stock future? How do stock futures work? ### Answer: Context is key here. Futures don't really have to do with a time in the future in this context. Futures are a capita...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a good rule of thumb for how much I should have set aside as emergency cash? ### Answer: The bare minimum should be 6-months of expenses. Ideally, it should be at least 1 year. My personal ...
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: The stock market exists for two reasons. It lets companies raise money to invest, and it lets company owners cash out and get money instead ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 2 UAN Numbers allotted to my PAN Number ### Answer: Option 1: You can write to uanepf@epfindia.gov.in giving the details of both the UAN's. This will be able to merge both these under the current EPF...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: what is shareholders' Equity in balance sheets? ### Answer: Shareholder's Equity consists of two main things: The initial capitalization of the company (when the shares were first sold, plus extra sha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stock Certificate In two names ### Answer: I'd call it pretty worrisome. HOOB is trading over the counter, in fact, on the pink sheets, so it has been delisted from the major exchanges. It appears t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are REIT worth it and is it a good option to generate passive income for a while? ### Answer: One way is to think of a REIT as a fully managed portfolio of real estate investments. Risks and returns a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is being “upside down” on a mortgage so bad? ### Answer: I think part of why it is perceived is so bad is because the fluctuations in housing prices are relatively large, especially compared to th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: The Benefits/Disadvantages of using a credit card ### Answer: If you can use and pay off your credit card in full every month, there are plenty of benefits including improved credit, reward points and...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much time would I have to spend trading to turn a profit? ### Answer: I suppose it depends on your goals and expectations, but I'd argue its not easy. Regardless of the chosen sub discipline of tr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are my parents ripping me off with this deal that doesn't allow me to build my equity in my home? ### Answer: Yes, you are getting shafted. In the end, you will have paid the full price of the condo, ...
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: A derivative contract can be an option, and you can take a short (sell) position , much the same way you would in a stock. When BUYING option...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are lottery tickets ever a wise investment provided the jackpot is large enough? ### Answer: You can have a positive expected return on a lottery ticket purchase, but only if the lottery requires all ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Best way to buy Japanese yen for travel? ### Answer: You don't. When you get to Japan, use your ATM card to withdraw local currency. My bank (ETrade) doesn't charge me int'l fees. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I value personal use television for donation? ### Answer: The usual lazy recommendation: See what similar objects, in similar condition, of similar age, have sold for recently on eBay. That...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are American-style options worth more than European-style options? ### Answer: An option is an instrument that gives you the "right" (but not the obligation) to do something (if you are long). An ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Fundamentals of creating a diversified portfolio based on numbers? ### Answer: Good question. There are plenty of investors who think they can simply rely on intuition, and although luck is always pre...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Intrinsic value of non-voting shares which don't pay dividends ### Answer: Even with non-voting shares, you own a portion of the company including all of its assets and its future profits. If the com...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Capitalize on a falling INR ### Answer: By no means is this a comprehensive list, but a few items to consider: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the contribution towards Employment Insurance (EI) wasted if I never get fired, or are my premiums refunded? ### Answer: Actually, most insurance policies DON'T have a cash value if you don't make ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When should I open a “Line of credit” at my bank? ### Answer: I have a line of credit that I have attached to my checking account in case of an overdraft. Since I haven't over drafted my checking ac...
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: If you're worried about the account number just take a statement and black out the account number with a Sharpie or the li...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How smart is it really to take out a loan right now? ### Answer: so this is a loan for a house? a loan on a house? a new mortgage? you shouldn't just get a loan for the hell of it any time. interests ...
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: This advice will be too specific, but... With the non-retirement funds, start by paying off the car loan if it's mor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to find a reputable company to help sell a timeshare? ### Answer: You own something with very little market value - even if you paid a large price for it initially. Your cost to sell may be more t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investment Options for 14-year old? ### Answer: When I was about your age I had the same kind of situation. I asked my bank about possible options and one of them was a guaranteed reserve. You lock th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to acquire skills required for long-term investing? ### Answer: I would say that the three most important skills are: Note that some costs are hidden. So, for example, a mutual fund investing in o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are traders 100% responsible for a stock's price changes? ### Answer: Yes, the value of a stock is completely, 100% determined by what people are willing to pay for it in conjunction with what people ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the marks of poor investment advice? ### Answer: (1) I think the phrase "Variable Annuity" is a glowing red flag. A corollary to that is that any strategy that uses insurance for a purpose (e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any flaw in this investment scheme? ### Answer: You didn't win in case B. Borrowing shares and then selling them is known as "selling short". You received $2000 when you sold short 100 share...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does the share price tend to fall if a company's profits decrease, yet remain positive? ### Answer: Aside from the market implications Victor and JB King mention, another possible reason is the di...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a financial advisor choose debt funds and equity funds for us? ### Answer: There are raters of stock and bond funds of which Morningstar's is the best. Standard and Poor's and Value line offe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using property to achieve financial independence ### Answer: I wrote this in another thread but is also applicable here. In general people make some key mistakes with property: Not factoring in deprec...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Cheapest way to wire or withdraw money from US account while living in Europe ### Answer: I prefer to use a Foreign Exchange transfer service. You will get a good exchange rate (better than from Payp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: High expense ratio funds - are they worth it? ### Answer: Over the past five years, QFVOX has returned 13.67%, compared to the index fund SPY that has returned 50.39%. SEVAX has lost 23.96%. AKREX has...
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: Consider the "opportunity cost" of the extra repayment on a 15 year loan. If you owe money at 30% p.a. and money at 4% p.a. then it is a no brai...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a home with down payment from family as a “loan” ### Answer: I'll compare it to a situation that is different, but will involve the same cash flow. Imagine the buyer agrees that you buy only 7...
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: I say, before investing your real capital into the Stock Market, play around on the virtual stock exchange game. It le...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For young (lower-mid class) investors what percentage should be in individual stocks? ### Answer: The short answer: zero. dg99's answer gives some good reasons why. You will basically never be able t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Understanding option commission costs ### Answer: The option commissions with IB for trading in the US market are between $0.25 to $0.70 per contract. However if you are looking to trade in Canada, wh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Meanings of “price of the derivative” ### Answer: @Tim - in this case, a futures contract isn't like an options contract. It's simply a method of entering into an agreement for delivery at a future da...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: ACH processing time of day ### Answer: It depends on the bank and network. Banks are to provide outgoing data at the certain time for the processing by the central clearing house (the Federal Reserve ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate the rate of return on selling a stock? ### Answer: If annualized rate of return is what you are looking for, using a tool would make it a lot easier. In the post I've also explained...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Covered calls: How to handle this trade? ### Answer: You are NOT responsible for liquidating the position. You will either end up retaining your 100 sh. after expiration, or they will be called away ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Company requires me to use my personal cell phone to work. Writeoff? ### Answer: Not authoritative, but according to TurboTax: If your new cell phone acts as both your business and personal phone, you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Friend was brainwashed by MLM-/ponzi investment scam. What can I do? ### Answer: So here's the sad truth. He might actually be making a return on his investment. Not because it's right or because the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who determines, and how, the composition of the S&P 500 index? ### Answer: The S&P 500 index is maintained by S&P Dow Jones Indices, a division of McGraw Hill Financial. Changes to the index are made ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to map stock ticker symbols to ISIN (International Securities Identification Number)? ### Answer: It is possible to make a REST API call providing the ISIN to get the ticker in the response: Pyth...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 23 and on my own, what should I be doing? ### Answer: Assuming the numbers in your comments are accurate, you have $2400/month "extra" after paying your expenses. I assume this includes loan payments...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: ISA - intra year profits and switching process ### Answer: You're overthinking it. The ISA limit applies to the amount you invest into the ISA. In your example, £10,000. Whether that then fluctuates w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is this type of risk-free investment called? ### Answer: My Credit Union offers a market-linked CD where the investment has FDIC protection if it is held to maturity, but otherwise they are linke...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Homeowners: How can you protect yourself from a financial worst-case scenario? ### Answer: If you have doubts about the long term prospects at your employer or jobs in your area, you may want to keep ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you invest in real estate without using money? ### Answer: I know this is broad, but this isn't a scam -- it's a workshop/educational thing about teaching people of investing in the real es...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any algorithm to calculate highest possible return on stock market? ### Answer: Highest possible is meaningless. Ex: Use 17x Leverage on E-mini S&P 500 Futures, perfectly long before an upti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any disadvantages to DHA Investment Properties? ### Answer: Along with the above reasons, the fact that DHA are under investigation by the Federal Police, should be a red flag to any potenti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In a competitive market, why is movie theater popcorn expensive? ### Answer: John R. Lott, Jr. and Russell D. Roberts argue that popcorn in movie theaters has a price commensurate with its much higher...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Money transfer from Australia to India - avoid receiving ends service tax ### Answer: All Bank fees were included in the service tax ambit [For example Check bounce, issue of duplicate statement, fees...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What typically happens to unvested stock during an acquisition? ### Answer: I've been through two instances where I worked for a public company that was merged (for stock) into another company. In bo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Protecting savings from exceptional taxes ### Answer: Don't worry. The Cyprus situation could only occur because those banks were paying interest rates well above EU market rates, and the government d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What size “nest egg” should my husband and I have, and by what age? ### Answer: For most people, a million dollars is about right. Here's the back of the napkin math that you should consider to find y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to value employee benefits? ### Answer: It would depend on the health insurance that was being offered, and if it covers your family or just you. We pay around $500-600 for individual health insur...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: At what interest rate should debt be used as a tool? ### Answer: Money is a commodity like any other, and loans are a way to "buy" money. Like any other financial decision, you need to weigh the costs...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it better to buy a computer on my credit card, or on credit from the computer store? ### Answer: you should pay cash. always pay cash or debit card. never use credits unless absolutely required. if...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Formula that predicts whether one is better off investing or paying down debt ### Answer: you should always invest if your investment rate of return is higher than your interest rate Your next line,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Withdrawing cash from investment: take money from underperforming fund? ### Answer: I think that Bob has good reasons for his planned spending and should follow his plan, not the dubious advice from a...
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: The time to have looked into this is before you bought the condo, not now. You are presuma...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a mortgaged house ### Answer: Based on what you asked and your various comments on other answers, this is the first time that you will be making an offer to buy a house, and it seems that the s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Add $5000 to existing retirement account ### Answer: You cannot contribute directly to that 401k account if you no longer work at the sponsoring company - you have to be on their payroll. You can, ho...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are the stocks of competitor companies negatively correlated? ### Answer: It is important to first understand that true causation of share price may not relate to historical correlation. Just like wit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My friend wants to put my name down for a house he's buying. What risks would I be taking? ### Answer: What are the risks, if any The risks are exemplified by the outcomes presented on this website, i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is investing exlusively in a small-cap index fund a wise investment? ### Answer: In a word, no. Diversification is the first rule of investing. Your plan has poor diversification because it ignores m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I deduct child's charitable deduction from my taxes? ### Answer: No, you may not deduct the charitable contributions of your children. The Nest covers this in detail: The IRS only allows you to de...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I work with two or more mortgage brokers at the same time? ### Answer: While it is possible, it's not a really good use of your time or theirs. Mortgage brokers have access to dozens of lenders, c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does the P/E ratio not apply to bond ETFs? ### Answer: How would you compute the earnings for governments that are some of the main issuers of bonds and debt? When governments run deficits they would ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying shares- Stocks & Shares ISA, or Fund & Share account? ### Answer: The main difference is that the ISA account like a Cash ISA shelters you from TAX - you don't have to worry about Capital Gains...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can one be non-resident alien in the US without being a resident anywhere else? ### Answer: You'll need to read carefully the German laws on tax residency, in many European (and other) tax laws the lo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Could ignoring sunk costs be used to make an investment look more attractive when it's really not? ### Answer: I'm not sure that you're considering all the options. So you may not subtract $X from B...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a bank make money on an interest free secured loan? ### Answer: A "true" 0% loan is a losing proposition for the bank, that's true. However when you look at actual "0%" loans they usually ha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If a country can just print money, is global debt between countries real? ### Answer: Debt can be denominated either in a currency the country controls or a currency the country doesn't control. If th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Finding stocks following performance of certain investor, like BRK.B for Warren Buffet ### Answer: Since the vast majority of fund managers/big investors run private entities, it's not possible to tra...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is gold really an investment or just a hedge against inflation? ### Answer: From Wikipedia: Investment has different meanings in finance and economics. In Finance investment is putting money into so...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I take money from my employee stock and put it towards another stock? ### Answer: Only if you sell the stock in question, and use the proceeds to buy other stock. (You should probably never feel b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to find a business consultant that would ensure that all your business activities are legal and compliant with all regulations? ### Answer: Getting a specific service recommendation is off-topic, ...
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: Dividends are one way to discriminate between companies to invest in. In the best of all worlds, your investment criteria is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Evidence for timing market in the short run? ### Answer: The study of technical analysis is generally used (sometimes successfully) to time the markets. There are many aspects to technical analysis, b...