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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stock options value ### Answer: What you will probably get is an option to buy, for £10,000, £10,000 worth of stock. If the stock price on the day your option is granted is £2.50, then that's 4,000 sh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What considerations are there for making investments on behalf of a friend? ### Answer: If you want to do #1, then you should form an "investment club." This is an entity that is recognized by the SEC...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a formula to use to analyse whether an investment property is a good investment? ### Answer: When you invest in a property, you pay money to purchase the property. You didn't have to spend th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are Index Funds really as good as “experts” claim? ### Answer: Why would it not make more sense to invest in a handful of these heavyweights instead of also having to carry the weight of the other ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I finance a new home theater at 0% even though I have the cash for it? ### Answer: Debt creates risk. The more debt you take on, the higher your risk. What happens if you lose your job, miss ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In today's low interest environment, is it generally more economical to buy or lease a new car in the US? ### Answer: It's my understand that leasing is never the better overall deal, with the possibl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I determine if leaving a lower paying, tax advantaged, job for a higher paying one makes sense financially? ### Answer: It looks like a coin toss. What you have isn't bad at all. If you have ...
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: Something you invest in has the ability to grow in value. So examples of investments would be buying stocks, bonds, currencies, c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a country want to use the currency of some other country? ### Answer: This is more of an economics question than personal finance. That said, I already started writing an answer before I not...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you explain “time value of money” and “compound interest” and provide examples of each? ### Answer: Compound interest means that the interest in each time period is calculated taking into account ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate new price for bond if yield increases ### Answer: I am currently trying out some variations (moving terms around ...) of the formula for the present value of money The relationship be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a typical vesting timeline work with respect to employer contributions? ### Answer: There are two dates that matter for vesting in this situation: If you left the company on 12/31/16, you wou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I pay a zero % loan before another to clear both loans faster? ### Answer: By paying the $11,000 into the 2.54% loan you will save $23.30 in interest every month. By paying the $11,000 into the 3.6...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Loan holder wants a check from the insurance company that I already cashed and used to repair my car ### Answer: There are at least three financial institutions involved here: your insurance company's...
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: According to the book of Hull, american and european calls on non-dividend paying stocks should have the same value. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Valuation Spreadsheet ### Answer: In general spreadsheets can do all of what you ask. Have a try of some online training like these to get started. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why invest in becoming a landlord? ### Answer: with 150K € to invest to "become a landlord" you have several options: Pay for 100% of one property, and you then will make a significant percentage of t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Foreign currency conversion for international visitors to ecommerce web site? ### Answer: For manual conversion you can use many sites, starting from google (type 30 USD in yuan) to sites like xe.com ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I find a good online fundamental data provider for Hong Kong stocks? ### Answer: If you check out China Stock Markets Web provides details on all things that trade on there. It covers the Ha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do about proxy statements? ### Answer: On most proxy statements (all I have ever received) you have the ability to abstain from voting. Just go down the list and check Abstain then retu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What to sell when your financial needs change, stocks or bonds? ### Answer: Don't set mental anchor points. I am saying this as a total hypocrite, mind you, it isn't easy to follow that advice. My sug...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For a car, would you pay cash, finance for 0.9% or lease for 0.9%? ### Answer: If you want the new car, pay cash for it. Here's why: By paying cash for the car, you immediately save $2,500 off the pri...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How big of a mortgage can I realistically afford? ### Answer: For me there are two issues. So, what to do? You have the basics of a very strong position coming together. A good salary in a good city....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are institutional investors? ### Answer: Professional investors managing large investment portfolios for "institutions" -- a college, a museum, a charitable organization, et cetera. I'm not sure ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: International (ex-US) ETFs with low exposure to financial sector? ### Answer: If you are looking for a European financials ETF to short, you could take a look at the iShares EURO STOXX Banks, which is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dividend vs Growth Stocks for young investors ### Answer: A lot of people use dividend stocks as a regular income, which is why dividend stocks are often associated with retirement. If your goal is gr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Trading on forex news, Interactive Brokers / IDEALPRO, and slippage ### Answer: In my experience thanks to algorithmic trading the variation of the spread and the range of trading straight after a maj...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What makes a Company's Stock prices go up or down? ### Answer: It's been said before, but to repeat succinctly, a company's current share price is no more or less than what "the market" thinks that sh...
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 cap companies are just smaller, so the risk for them to fail is higher but the potential for higher returns is a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to know which companies enter the stock market? ### Answer: Thanks to the other answers, I now know what to google for. Frankfurt Stock Exchange: http://en.boerse-frankfurt.de/equities/newissues L...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are money market instrument and short-term debt same? ### Answer: The Money Market is a place where one trades Instruments. The market is similar to that of the Stock Market. The instruments traded in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Escrow Removal Fee? ### Answer: Assume they do not overwithhold. You pay in $500/mo, and every time it hits $3000, they pay the tax. Engineers call this a sawtooth function, it looks like this. The a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Personal Asset Protection - How to protect asset against a deficiency judgement? ### Answer: Find out whether your state has a homestead law or something similar, which might protect your primary resi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the tax benefits of a LLC vs a sole proprietorship? ### Answer: This is going to vary tremendously from country to country (and even from state to state, in some cases). In general, though: ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much accounting knowledge is needed to read financial statements of publicly traded companies? ### Answer: I'm a senior majoring in accounting and management information systems. Here is a questio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How aggressive should my personal portfolio be? ### Answer: Its important to note that aggression, or better yet volatility, does not necessarily offer higher returns. One can find funds that have a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When can you use existing real estate as collateral to buy more? ### Answer: @victor has the most descriptive and basic idea on how this is done. The only thing I would add is that one benefit to rea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Money Saved on finance charges ### Answer: Avoiding a cost (interest) isn't quite the same as income. There is no entry, nothing for you to consider for this avoided interest. What you do have is an ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can my friend send $3K to me without using Paypal? ### Answer: Most bank bill pay services will work for this purpose. Generally you can pay any person or business that has a valid address. As an ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I need another health insurance policy? ### Answer: While I can't say how it is in the Philippines, my wife the insurance broker leads me to believe that individual insurance is more expensive than...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a more expensive house as a tax shelter (larger interest deduction)? ### Answer: Depending on the state you live in paying interest on a mortgage opens up other tax deduction options: Real esta...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Insider trading of a linked security like an ETF your company has a heavy weighting in ### Answer: If you are in a position to have information that will impact the shares of a stock or index fund and...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Car Insurance - Black box has broken and insurance company wants me to pay? ### Answer: First read the fine print. If you have to pay it, pay it and switch company. If you don't have to pay it and the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Treasury Bonds, and why has the NYSE 20+ Year Treasury Bond index (AXTWEN) gone up so much in the last year (2011)? ### Answer: The price of a bond goes up when yields go down. For example, you purch...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I deal with my long term gain this year? ### Answer: Long term capital gains are taxed at 15% this year, so the most you stand to save is $150. I wouldn't sell anything at a loss just to of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: So the vending machine tore my $5 in pieces. What now? ### Answer: According to the U.S. Bureau of Engraving and Printing, if you have clearly more than one-half of the current bill remaining, you sho...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the point of Ford loosening financing requirements? ### Answer: Why then did Ford (and the auto industry in general) suddenly decide to court such buyers? Clearly when they felt they had a via...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When I google a ticker like XLE or something, I see a price which updates frequently (about every second or so), where can I find this for options? ### Answer: You probably will not find to many place...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Short-sell, or try to rent out? ### Answer: There is another option. Stay where you are. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do people buy new cars they can not afford? ### Answer: Two reasons: Many people make lots of financial decisions (and other kinds of decisions) without actually running any numbers to see what is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What could happen to Detroit Municipal bonds because of Detroit's filing for bankruptcy? ### Answer: What could happen to bonds such as these because of Detroit filing for bankruptcy? Depending on h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does bull/bear market actually make a difference? ### Answer: To short: Of course, you may always buy some index correlated ETF that eliminates the above. They use stock futures on the index, and you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: collateralized mortgage obligations ### Answer: Actually, you're missing the key feature of CDOs. Most CDOs use (much to our economic misery, ultimately) a system call tranching. To simplify this id...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are the “debt reduction” company useful? ### Answer: Many of the services are scams, and those that are not are just doing something you can do yourself - as Jack points out. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Foolish to place orders before the market opens? ### Answer: If you are in it for the long run and are not worried about intra day fluctuations and buying within + or - 1% you would be better off goin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying extra on a mortgage. How much can I save? [duplicate] ### Answer: When is the best time to pay? At the end of each year? If you save $1,000 each month at 1% so as to pay $12,000 at EOY on a 4.7...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do owners in a partnership earn income? ### Answer: If you business is incorporated, it's up to the two of you how to do it. Typically, you will have the company write cheques (or make transfers, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the point of a chargeback when they just ask the merchant whether they owe money to the buyer? ### Answer: You may be using the wrong method to get your money back. As others have said, this i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Taxes on foreign and local dividends held in a TFSA ### Answer: As far as I read in many articles, all earnings (capital gains and dividends) from Canadian stocks will be always tax-free. Right? T...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dad paying for my new home in cash. How can I buy the house from him? ### Answer: we have little money in cash for a down-payment This is a red flag to me. If you have little money in cash for a down-...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to buy stuff (stocks?) in IRA account? What else? ### Answer: You can buy stocks in the IRA, similarly to your regular investment account. Generally, when you open an account with a retail provide...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I get a personal loan to pay on my mortgage to go “above water” to qualify for a refinance? ### Answer: If you have a mortgage backed by FHA, Fannie, or Freddie I would hold off. There is talk...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Interactive Brokers Margin Accounts ### Answer: You have to call Interactive Brokers for this. This is what you should do, they might even have a web chat. These are very broker specific idiosyncrasie...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does owning BP ADR from US stock market required to pay custody fees ### Answer: Rules appear to be changing (21NOV2014) Aviva Plc. AV on NYSE pass thru fee is 0.02 cents per ADR but that equals 11% d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I have to explain the source of *all* income on my taxes? ### Answer: You can report it as illegal income and you don't have to elaborate any further. For instance, spirit the cash off to a state ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are you preparing for a possible dollar (USD) collapse? (How?) ### Answer: I think it's apt to remind that there's no shortcuts, if someone thinks about doing FX fx: - negative sum game (big spread o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is business the only way to become a millionaire? ### Answer: That's actually a pretty good way to get bankrupt quick. You can get rich quick through lottery, gambling, mere saving or investing wisely...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it advisable to go for an auto loan if I can make the full payment for a new car? ### Answer: What percentage of your savings is the full car payment? If it's a significant chunk, then I'd finance...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When shorting a stock, do you pay current market price or the best (lowest) available ask price? ### Answer: I would never use a market order. Some brokerages have an approval process your short-sale...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Credit rating in Germany ### Answer: The SCHUFA in Germany works a bit different from the FICO score in the US. My background: I am a German currently living in the US. The information others want to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Co- Signed car loan and need to have the other signer relinquish claim to ownership ### Answer: Your arrangements with the bank are irrelevant. Whoever is named on the title of the vehicle owns it. If...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stock prices using candlesticks ### Answer: No it does not. Candlesticks really have nothing to do with this, a stock price can open different then the previous day's close. Examining the chart of TS...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options profit calculation and cash settlement ### Answer: The other two answers seem basically correct, but I wanted to add on thing: While you can exercise an "American style" option at any time, i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Reducing taxable income in US in December ### Answer: Assuming that what you want to do is to counter the capital gains tax on the short term and long term gains, and that doing so will avoid any unde...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: United States Treasury Not Endorsing Checks ### Answer: 1.Why is there no "United States Treasury" endorsement? Why should there be, and what do you think it would look like? Some person at Treasury s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are U.S. credit unions not open to everyone? ### Answer: Credit unions are mutually-owned (i.e. customer owned) financial institutions that provide banking services. They take deposits from their...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Whole life insurance - capped earnings ### Answer: I need to see the policy you are referring to give a more accurate answer. However what could be happening, it’s again the way these instruments are ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I am looking for software to scan and read receipts ### Answer: Try the following apps/services: Receipt Bank (paid service, gathers paper receipts, scans them and processes the data), I've tested it,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If the U.S. defaults on its debt, what will happen to my bank money? ### Answer: FDIC is backed by the "full faith and credit of the USA." Well, if the USA defaults, the full faith and credit of the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a restaurant have to pay tax on a discount? ### Answer: I owned a restaurant for over 5 years. Sales tax was only collected on POST discount price, though every state that collects sales tax may ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do rental car agencies sell their cars at a time when it is risky for the purchaser? ### Answer: Many Web sites and articles warn against buying former rental cars, because people renting these cars...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What exactly is a “derivative”? ### Answer: There are a few unsavory factors that have led to the creation of new derivatives: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do with my paper financial documents? ### Answer: Regarding your specific types: If you can't part with anything, sure, scan them. Also, there are lots of opportunities to sign up for eS...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a typical investment portfolio made up of? ### Answer: Don't over think about your choices. The most important thing to start now and keep adjusting and tuning your portfolio as you move along...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do altcoin trades count as like-kind exchanges? (Deferred capital gains tax) ### Answer: Just a thought because this is a really good question: Would the buying and selling of blockchain based digital...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Clarification on 529 fund ### Answer: You are faced with a dilemma. If you use a 529 plan to fund your education, the short timeline of a few years will limit your returns that are tax free. Most peop...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is an effective way to invest in electric car industry? ### Answer: At this time I would say that the electric car industry as a whole is too new to be able to invest in it as a sector. There ar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to spend more? (AKA, how to avoid being a miser) ### Answer: I spend hours researching two comparable products to try to save $3. Me too! I have also argued for hours with customer support to get ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do market shares exhaust? ### Answer: If the share is listed on a stock exchange that creates liquidity and orderly sales with specialist market makers, such as the NYSE, there will always be a counte...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dad paying for my new home in cash. How can I buy the house from him? ### Answer: You are going to need a lawyer anyway so check with him. But here is a path you might be able to go down. Put the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I co-signed a car but i am listed as the primary account holder for the loan ### Answer: The buyer can get another cosigner or you can sell the car to pay off the loan. These are your only options if ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Personal Loan issuer online service ### Answer: It is pretty easy to setup a spreadsheet for calculating interest payments and remaining balance. Do a quick search online. You may want to put it in ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would you ever turn down a raise in salary? ### Answer: I once turned down a raise because I didn't agree with the employee review that supposedly substantiated the raise. I felt the review to be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Google Finance Cash Flow Statement ### Answer: I'm a big believer in pulling the quarterly and or annual statements and deriving your own analysis. The automated parsing systems at Google, Yahoo, and...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does an option trading below parity always indicate an arbitrage opportunity? ### Answer: Probably but not necessarily. Your question could also be posed regarding cash & carry for commodities in con...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Expecting to move in five years; how to lock mortgage rates? ### Answer: You can't transfer mortgages when you purchase a new property. You can purchase a new property now, or you can refinance your c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to measure a currencies valuation or devaluation in relevance to itself ### Answer: The measure of change of value of a currency in relation to itself is inflation (or deflation). ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buy Php in Malaysia and sell to Philippines ### Answer: basically the selling (for banks) means you will exchange PHP to MYR buying simply MYR to PHP the bank will buy your MYR in exchange to PHP. and...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Electric car lease or buy? ### Answer: The good news about maintenance is that there's much less scheduled maintenance because the cars are mechanically much simpler. See the official service schedule...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Short term cutting losses in a long term investment ### Answer: If you are investing for 10 years, then you just keep buying at whatever price the fund is at. This is called dollar-cost averaging. If ...