Datasets:
circircircle
/
FinQA

Dataset card Data Studio Files
xet
 Community
text
stringlengths
146
45.7k
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do the gain and loss during futures rollover each month will be even out in long run? ### Answer: There are 2 schools of thought in determining the price of a future contract in a day prior to expirat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who owned my shares before me? ### Answer: Shares do not themselves carry any identity. Official shareholders are kept at the registrar. In the UK, this may be kept up to date and publicly accessible...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay for a cheap car or take out a loan? ### Answer: You are really showing some wisdom here, and congratulations on finishing college. Its a lot about likelihoods. If you buy a new car, there is so...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the need to issue bonds a telltale sign that the company would have a hard time paying coupons? ### Answer: It (usually) is better to use Other Peoples Money (OPM) than your own. This is something ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the fuss about Credit Score / History? ### Answer: Use credit and pay your bills on time. That's really about it. If you do that, you don't need to think about credit score. It's really a big ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any sane way to invest in both funds and stocks with UK ISA? ### Answer: A lot of ISA's allow both shares and funds as well as gilts, Hargreaves Lansdown comes to mind as does the Alliance Trust. So...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can rebuilding a city/large area be considered an economic boost? ### Answer: It certainly creates an opportunity for the re-distribution of wealth. Money will be transferred from insurance compa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a high share price benefit a company when it is raising funds? ### Answer: A private company say has 100 shares with single owner Mr X, now it needs say 10,000/- to run the company, if they c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who is the issuer in a derivative contract? ### Answer: While the issuer of the security such as a stock or bond not the short is responsible for the credit risk, the issuer and the short of a derivat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does the biotechnology industry have such a high PE ratio? ### Answer: Most biotech companies do not have a product they are selling. They have a set of possible drugs that they are developing. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Medical Bill Consolidation ### Answer: In short, no, or not retroactively. There really are multiple companies involved, each of which bills you separately for the services they provided. This can be ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Historical stock prices: Where to find free / low cost data for offline analysis? ### Answer: I also prefer to crunch the numbers myself. Here are some resources: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For net worth, should I value physical property at my cost to replace it, or the amount I could get for selling it? ### Answer: You're asking for opinions here, because it's a matter of how you look a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who can truly afford luxury cars? ### Answer: There's an aspect to this question that I really love. In general, it's a question about consumer behavior that can be expanded to inquire about the purch...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can paying down a mortgage be considered an “investment”? ### Answer: From what I've read, paying down your mortgage -- above and beyond what you'd normally pay -- is indeed an investment but a very p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What expenses do most people not prepare for that turn into “emergencies” but are not covered by an Emergency Fund? ### Answer: The way you ask this is interesting, it implies (quite correctly) that f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What actions can I take against a bank for lack of customer service? ### Answer: Figure out who regulates the bank. Complain to your state banking/consumer affairs department. Complain to your state A...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I move my money market funds into bonds? ### Answer: How much money do you have in your money market fund and what in your mind is the purpose of this money? If it is your six-months-of-living-...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate years until financial independence? ### Answer: In this equation the withdrawal rate is the percent you must pull from your savings to meet your expenses. For example if your savings ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a limit order work for a credit spread? ### Answer: As you probably know, a credit spread involves buying a call (or put) at one strike and selling another call (or put) at another with the s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax advantages of using 529 plans to save for child's education? ### Answer: There are several variables to consider. Taxes, fees, returns. Taxes come in two stages. While adding money to the account ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I protect myself from a scam if I want to help a relative? ### Answer: Mostly ditto to @grade'eh'bacon, but let me add a couple of comments: Before I did anything, I'd find out more about what'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paid credit card bill, but money didn't leave my checking account [duplicate] ### Answer: The fact that your credit card has seen the payment is strong evidence that the transaction did in fact take p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What percentage of my company should I have if I only put money? ### Answer: Question (which you need to ask yourself): How well are your friends paid for their work? What would happen if you just too...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Multiple people interested in an Apartment ### Answer: I wouldn't start a bidding war if I were you. Sometimes you may get potentially bad tenants who cannot find a property anywhere else offering mor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What would happen if I were to lose all equity in my condo when it's time to renew the mortgage? ### Answer: It doesn't matter. You will just renew your mortgage at the prevailing rates. That's part...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Issuing bonds at discount - computing effective interest rate ### Answer: If the market rate and coupon were equal, the bond would be valued at face value, by definition. (Not 100% true, but this is a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would I ever need credit card if my debit card is issued by MasterCard/Visa? ### Answer: Need is a strong word. As far as merchants are concerned, if they accept, e.g., Visa credit, they will accept V...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Old Cancelled Cards ### Answer: Closed accounts are used when calculating Average Age of Accounts (AAoA) by FICO. They will drop off your report 7 years after their closure, at which time your AAoA wi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I need to pay quarterly 1040 ES and 941 (payroll)? ### Answer: I think I may have figured this out but if someone could double check my reasoning I'd appreciate it. So if my company makes $75000 an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does an x% inflation rate actually mean? ### Answer: Individual product prices do not necessarily rise at inflation rates. What inflation means is that the purchasing power of one unit of curren...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can a freelancer get a credit card? (India) ### Answer: The OP might have obtained his credit card by now but I'm answering now as there is one more easy way to get a credit card. All major Indian...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I determine how much rent I could charge for a property or location? ### Answer: This may not be entirely scientific, but as a landlord my usual approach is just to do a search for rental prope...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a 1045 exchange require any filing prior to that years tax return? ### Answer: When you get into reading Revenue Rulings and Treasury Regulations - I'd suggest hiring a professional to do that fo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In what state should I register my web-based LLC? ### Answer: I have researched this question extensively in previous years as we have notoriously high taxes in California, while neighboring a state t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do people buy US dollars on the black market? ### Answer: A falling exchange rate is an indication of falling confidence in a currency. Countries like Iran or Venezuela, with a managed exchange r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In what state should I register my web-based LLC? ### Answer: In this case not only that you must register in California (either as domestic, or as foreign if you decided to form elsewhere), you'll al...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to bet against the London housing market? ### Answer: While I am not an advocate of shorting anything (unlimited downside, capped upside), you can: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a good investment vehicle for introducing kids to investing? ### Answer: I'd also look into index funds (eg Vanguard) as they have low management fees. you can buy these as ETFs as well - so y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are prices in EUR for consumer items often the same number as original USD price, but the GBP price applies the actual exchange rate? ### Answer: The simplest answer would be: Because they can. Wh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is giving my girlfriend money for her mortgage closing costs and down payment considered fraud? ### Answer: you have 2 concerns: the lender and the irs. either way you should be fine the lender just w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should retirement fund be equal to amount of money needed for financial independence? ### Answer: It depends what you mean. Finance Independence and Retirement Early (FI/RE) are two overlapping ideas....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I get a dividend “free lunch” by buying a stock just before the ex-dividend date and selling it immediately after? [duplicate] ### Answer: It is important to remember that the stock price in princ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does it mean when the broker does not have enough shares to short? ### Answer: For Canada No distinction is made in the regulation between “naked” or “covered” short sales. However, the practice ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Was this bill forgotten by a medical provider, and do notices need to be sent before collections? ### Answer: Seems like the straightforward answer is to call the provider and ask. They should be abl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it necessary to pay tax if someone lends me money to put into my mortgage? ### Answer: A revocable trust? Else the title would be his...vs recieving a gift that large. Make it a business investment...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does lender care what I use the money for? ### Answer: When you borrow from a bank, there are secured loans, as with a mortgage, or unsecured lines of credit, usually a more reasonable amount of money...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do developed country equities have a higher return than emerging market equities, when measured in the latter currency? ### Answer: What you were told isn't an absolute truth, so trying to counter som...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will my current employer find out if I have a sole proprietarship/corporation? ### Answer: I can see why you'd be reluctant to tell them, but I think you need to be open and honest with them about wha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying Off Principal of Home vs. Investing In Mutual Fund ### Answer: I'm probably going to get a bunch of downvotes for this, but here's my not-very-popular point of view: I think many times we tend ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I get a mortgage I can't afford? ### Answer: You can ask the buyer to lower the price by the amount you are approved for and negation transferring the amount to him via a escrow.. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does high frequency trading (HFT) punish long-term investment? ### Answer: I disagree strongly with the other two answers posted thus far. HFT are not just liquidity providers (in fact that claim is c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it bad etiquette to use a credit or debit card to pay for single figure amounts at the POS ### Answer: Generally, I consider it bad etiquette to inconvenience others. I would recommend cash for s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do shareholders participate in shorting stocks? ### Answer: One thing no one else has touched on is the issue of time frame. If I'm looking to hold my shares over the next few years, I don't mind ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How are derivatives different from bucket shops? ### Answer: How are derivatives like covered warrants or CFDs different from the bucket shops that were made illegal in the US? After reading up a litt...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why gamma scalping is not advised for retail traders with reg T margin ### Answer: My interpretation of that sentence is that you can't do the buying/selling of shares outright (sans margin) because o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would selling off some stores improve a company's value? ### Answer: I'd like to modify the "loss" idea that's been mentioned in the other two answers. I don't think a retail location needs to be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I short-sell a dividend-paying stock, do I have to pay the dividend? ### Answer: Yes, you would. You owe it to the person you borrowed the shares from. (source) ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the downsides that prevent more people from working in high-income countries, and then retiring in low-income (and cost of living) ones? ### Answer: At retirement age, your life priorities ar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it sensible to keep savings in a foreign currency? ### Answer: Is it sensible to keep savings in a foreign currency? The answer varies from one country to the next, but in the UK (or any other matu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why buy bonds in a no-arbitrage market? ### Answer: It is my understanding that banks pay less than the going rate on savings accounts and require that the person who takes out a loan pay more than th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does the uptick rule apply to all stocks/ETFs and other securities, or only specific ones? ### Answer: The uptick rule is gone, but it was weakly reintroduced in 2010, applied to all publicly traded e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I know if refinance is beneficial enough to me? ### Answer: The proper answer is that you run the numbers and see whether what you'll save in interest exceeds the closing costs by enough to be ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would it be considered appropriate to use a market order for my very first stock trade? ### Answer: A few of the answers are spot on but here's another thing to consider: the type of trade. For exampl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is This A Scam? Woman added me on LinkedIn first, then e-mailed offering me millions of dollars [duplicate] ### Answer: It is absolutely a scam. Anyone who tells you they can give you a large amount ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What assets would be valuable in a post-apocalyptic scenario? ### Answer: I find these type of questions silly, but I'll bite: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's are the differences between “defined contribution” and “defined benefit” pension plans? ### Answer: Defined Benefit - the benefit you receive when you retire is defined e.g. $500 a month if you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I have to pay taxes on income from my website or profits? ### Answer: You need to set your status as self-employed the day you started online work. If that date is a little ambiguous (as is usually...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Car as business expense, but not because of driving ### Answer: To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Choosing the “right” NAPFA advisor, and whether fees are fair, etc.? ### Answer: The nature of this question (finding a financial adviser) can make it a conundrum. Those who have little financial expe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't house prices be out of tune with salaries ### Answer: Indefinitely is easy to answer. Assume that the average house currently costs four times the average salary, and that house prices rise ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: On what dates do the U.S. and Canada release their respective federal budgets? ### Answer: In the US there is no set date. If all goes well there are multiple dates of importance. If it doesn't go wel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the Yale/Swenson Asset Allocation Too Conservative for a 20 Something? ### Answer: You can look the Vanguard funds up on their website and view a risk factor provided by Vanguard on a scale of 1 to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Starting with Stocks or Forex? ### Answer: I would advise against both, at least in the way you are discussing it. You seem to be talking about day-trading (speculating) in either stock or currency ma...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's so hard about a mutual fund manager pricing their mutual fund? ### Answer: Remember that in most news outlets journalists do not get to pick the titles of their articles. That's up to the edit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to invest in stocks without using an intermediary like a broker? Can shares be bought direct? ### Answer: Am I wrong? Yes. The exchanges are most definitely not "good ole boys clubs". They provid...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax treatment of dividends paid on short positions ### Answer: In the USA there are two ways this situation can be treated. First, if your short position was held less than 45 days. You have to (when ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do retailers ever stock goods just to make other goods sell better? ### Answer: That happens all the time. The best situation for this to happen is when you have several products, each a bit better an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any market data providers that provide a query language? ### Answer: You can give YQL a try. I'm not sure it can do the query you want, but for example you can do: (try it here) And this bes...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do dividends of the underlying security in a security futures contract affect the security futures price? ### Answer: The owner of a long futures contract does not receive dividends, hence this is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Annualized Rate of Return on Stock Purchased in Tranches ### Answer: So, there is no truly "correct" way to calculate return. Professionals will often calculate many different rates of return dependi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a good rental yield? ### Answer: I've never heard of rent quoted per week. Are you in the US? In general, after the down payment, one would hope to take the rent, and be able to pay the mortg...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to measure how the Australian dollar is faring independent of the US dollar ### Answer: The best answer to your question would to be what the interest rates are like in Australia itself. The Rese...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Resources on Buying Rental Properties ### Answer: In no particular order - to help you on deciding whether to invest or not: Building Wealth One House at a Time Buy & Rent Foreclosures: 3 Million Net ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Hypothetical: can taxes ever cause a net loss on otherwise-profitable stocks? ### Answer: You have a sequence of questions here, so a sequence of answers: If you stopped at the point where you had mul...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: US tax - effectively connected income ### Answer: ECI is relevant to non-resident aliens who are engaged in trade or business in the US. For that, you have to be present in the US, to begin with, or t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I move my money market funds into bonds? ### Answer: If your money market funds are short-term savings or an emergency fund, you might consider moving them into an online saving account. You ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are investment options for young married couple with no debt that have maxed out retirement savings? ### Answer: 4.7 is a pretty low rate, especially if you are deducting that from your taxes. I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the advantages of paying off a mortgage quickly? ### Answer: Considering that it's common for the monthly mortgage payment to be 25% of one's income, it's an obvious advantage for that monthl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tracking Gold and Silver (or any other commodity investment) in Quicken 2010? ### Answer: If you don't need 100% accuracy then GLD and SLV will work fine. Over the long-term these converge quite nic...
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: Considering that we are in a low-interest rate period (the lowest in history), it's smart to loan money from the bank to reinvest in property o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is Weiss Research, Inc. a legitimate financial research company? ### Answer: It is a scam organization praying on fear of the simple minded. The facts Edelson presents are not accurate - http://www....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a good way to keep track of your credit card transactions, to reduce likelihood of fraud? ### Answer: The best way is to retain the charge slips. After you are done for the month you can disca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When the market crashes, should I sell bonds and buy equities for the inevitable recovery? ### Answer: In a comment you say, if the market crashes, doesn't "regress to the mean" mean that I should st...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Super-generic mutual fund type ### Answer: It sounds like you want a place to park some money that's reasonably safe and liquid, but can sustain light to moderate losses. Consider some bond funds or b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to pay with cash when car shopping? ### Answer: The very first time I bought a new car I wrote out a personal check for $5000 (this was a looong time ago!). And got a call from the sales person t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What market conditions favor small cap stocks over medium cap stocks? ### Answer: Small companies are generally able to adapt quickly to take advantage of changing conditions to enter new markets when...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Looking for good investment vehicle for seasonal work and savings ### Answer: There are no risk-free high-liquidity instruments that pay a significant amount of interest. There are some money-market ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I received $1000 and was asked to send it back. How was this scam meant to work? ### Answer: Answers to your questions: (1) Do bank account numbers have a checksum. NO. (2) Is it plausible that they f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Beginner dividend investor - first steps ### Answer: How do I start? (What broker do I use?) We don't make specific recommendations because in a few years that might not be the best recommendation an...