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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Risks associated with investing in dividend paying stocks for short term income. Alternatives? ### Answer: Your back of the envelope calculation shows an income of about 5.5% per year, which is much b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Employer skipped payments, should I allow them to defer payment until Jan 2017? ### Answer: TL;DR: The difference is $230. Just for fun, and to illustrate how brackets work, let's look at the differen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stock trading models that use fundamental analysis, e.g. PEG ratios? ### Answer: One idea: If you came up with a model to calculate a "fair price range" for a stock, then any time the market price wer...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Allocation between 401K/retirement accounts and taxable investments, as a young adult? ### Answer: I would say yes, it makes sense to keep some money in taxable accounts. Retirement accounts are for ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Layman's guide to getting started with Forex (foreign exchange trading)? ### Answer: Currency Trading For Dummies, no offense. The "For Dummies" series is well known for its expertise in every field o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: are there any special procedures for managing non-petty cash? ### Answer: After talking to two CPAs it seems like managing it using an imprest system is the best idea. The base characteristic of an im...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any reason not to buy points when re-financing with intent not to sell for a while? ### Answer: The math is pretty simple. You can spend less overall if you pay points. Things to remember a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stock Option Value correlated to net worth of company ### Answer: I'm guessing you're talking about options given to employees. The company can issue stock options at whatever strike price it wants. T...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax liability in US for LLC's owned by an Indian Citzen ### Answer: I am from India. I visited US 6-8 times on business VISA and then started 2 Member LLC. Myself and My wife as LLC Members. We provid...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where does the money go when I buy stocks? ### Answer: When you buy a share of stock, you are almost always buying from someone who previously purchased that share and now wants to sell it. The money ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Apartment lease renewal - is this rate increase normal? ### Answer: I think people are missing the most obvious thing. The yearly rate increases are just part of the landlord schtick and it is good b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How Do I Fix Excess Contribution Withdrawl ### Answer: You didn't have a situation of "excess contribution". If you have proof that someone in Fidelity actually told you what you said, you might try t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the benefit of investing in retirement plan versus investing directly in stocks yourself? ### Answer: @Victor above has provided a very good answer, I shall try and highlight some differences....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to people without any retirement savings? ### Answer: Well, if you worked in the United States you have social security, and medicare and medicaid in most cases as well. So you have a sm...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I make money in the stock market from other people losing money? ### Answer: Day traders see a dip, buy stocks, then sell them 4 mins later when the value climbed to a small peak. What value is cre...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the probabiltiy of being assigned if the call expires in the money ### Answer: If you are in the money at expiration you are going to get assigned to the person on the other side of the contra...
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: If you can borrow for an asset that gives you income that's more than the cost of carrying the debt, then go for it. But the kinds of debts you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: how much of foreign exchange (forex/fx) “deep liquidity” is really just unbacked leverage and what is the effect? ### Answer: In essence the problem that the OP identified is not that the FX market it...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does “issued XXX and YYY shares” mean? ### Answer: authorized 100,000,000 shares They cannot issue shares more than that so 102M isn't possible. Common stock - $.01 par value, authorized 100,000,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm upside down on my car loan and need a different car, what can I do? ### Answer: I am new to the site and hope I can help! We just purchased a used car a few weeks ago and used dealer's finance aga...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Repaying Debt and Saving - Difficult Situation ### Answer: Given the listed expenses, this problem will not have a nice solutions. So lets quickly go through them and see when the most pressing ones c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 401K or Indian CD ### Answer: As mentioned in the comments, the problem stems with converting your U.S. Dollars to Indian Rupees so as to be able to purchase an Indian fixed deposit. At the time of wr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you determine “excess cash” for Enterprise Value calculations from a balance sheet? ### Answer: Excess Cash = Cash & Equivalents + Long-Term Investments - Current Liabilities The problem this c...
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: You might miss an opportunity or three by strictly avoiding debt, but I can't think of a problem you will create by being debt free. So maybe i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I set a stop loss for long term investments? ### Answer: If they are truly long term investments I would not put a stop loss on them. The recent market dive related to the Brexit vote is a prim...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Fractional Reserve Banking and Insolvency ### Answer: A bank is insolvent when it can no longer meet its short-term obligations. In this example, the bank is insolvent when depositors withdraw more c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the difference between fixed-income duration and equity duration? ### Answer: A bond has a duration that can be easily calculated. It's the time weighted average of all the payments you'll rec...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would it make sense to take a loan from a relative to pay off student loans? ### Answer: The interest that you are proposing to pay your MIL is actually quite low compared to even extremely conservati...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: GBP savings, what to do with them if leaving the U.K. in about 2 years time? ### Answer: In general, to someone in a similar circumstance I might suggest that the lowest-risk option is to immediately ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When you're really young and have about 2K to start investing $ for retirement, why do some people advise you to go risky? ### Answer: Those who say a person should invest in riskier assets when young...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Price difference among shares in Hong Kong and Shang Hai ### Answer: Wikipedia talks about the Chinese currency: Scholarly studies suggest that the yuan is undervalued on the basis of purchasing power...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can the ROE on a stock be more than 100%? ### Answer: An operating margin will not compare with ROE. If a company has even a small margin on a large turnover and has a comparative lower shareholde...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to sell a stock in a crashing market? ### Answer: What is essential is that company you are selling is transparent enough. Because it will provide additional liquidity to market. When I decide to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does it mean that stocks are “memoryless”? ### Answer: With my current, limited knowledge (see end), I understand it the following way: Are share prices really described as "memoryless"? Yes. I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Exercise a put option when shorting is not possible ### Answer: You can buy a put and exercise it. The ideal option in this case will have little time premium left and very near the money. Who lent yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a growing economy mean the economy is becoming less efficient? ### Answer: It's a kook movie made by folks who combine conspiracy quackery with repackaged socialism. If you're into socialist theo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a legal deadline for when your bank/brokerage has to send your tax forms to you? ### Answer: I can't find specific information for Form 1099-DIV for this tax year. However, I found this quot...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to my stocks when broker goes bankrupt? ### Answer: Here is my perception of the situation, obtained from reading Degiro's Client Agreement. If Degiro shuts down, it will notify you about...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is a stock dividend considered a dividend? What makes it different from a stock split? ### Answer: You can argue that cash dividend is a kind of split as well by this logic. The stock price on ex-...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does investing in a company support it? ### Answer: Would you consider the owner of a company to be supporting the company? If you buy stock in the company you own a small part of that company. Your p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: UK - How to receive payments in euros ### Answer: See my comment below about the official exchange rate. There is no "official" exchange rate to apply as far as I'm aware. However the bank is alread...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My investment account is increasingly and significantly underperforming vs. the S&P 500. What should I do? ### Answer: You say: To clarify, my account is with BlackRock and the fund is titled "MID C...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I owe taxes in the US for my LLC formed in the US but owned by an Indian citizen? ### Answer: This is a complicated question that relies on the US-India Tax Treaty to determine whether the income i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Two 1099B for same stock ### Answer: It looks like what you're calling a name change was registered as a merger that resulted in an exchange of stock. If that's the case, then what you've been told i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Usage of a sell stop order ### Answer: It depends to some extent on how you interpret the situation, so I think this is the general idea. Say you purchase one share at $50, and soon after, the price m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I determine if sale proceeds from an asset are taxable? ### Answer: Profit = Sale price - Basis Basis = Purchase price - any depreciation taken, including expensing it. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does a well diversified self-managed investment portfolio look like? ### Answer: When you invest in a single index/security, you are completely exposed to the risk of that security. Diversificati...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is real (physical) money traded during online trading? ### Answer: When you buy a currency via FX market, really you are just exchanging one country's currency for another. So if it is permitted to ho...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a long-term investor ever chose a Mutual Fund over an ETF? ### Answer: I see a couple of reasons why you could consider choosing a mutual fund over an ETF In some cases index mutual funds ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Free service for automatic email stock alert when target price is met? ### Answer: I've used BigCharts (now owned by MarketWatch.com) for a while and really like them. Their tools to annotate charts a...
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: Is playing the lottery a wise investment? --Probably not. Is playing the lottery an investment at all? --P...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much of each stock do index funds hold? ### Answer: Note that an index fund may not be able to precisely mirror the index it's tracking. If enough many people invest enough money into funds based ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are interest rates on saving accounts so low in USA and Europe? ### Answer: The 8% rate offered by Russian banks on US Dollar accounts reflects the financial problems they have. They would prefer ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would I buy a bond with a negative yield? ### Answer: It would be preferable to purchase a bond with a negative yield if the negative yield was the smallest compared to similar financial securitie...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Short Selling Specific to India ### Answer: In India, as suggested above, short/long position can be taken either in F&O or Spot market. The F&O segment short/long can be kept open for appx. 3 months ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Moving from Google Finance to Yahoo Finance ### Answer: Perhaps you should use your own tracking software, such as GnuCash, Quicken, Mint, or even Excel. The latter would work given you say you're ma...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I buy or lease a car given that its not a super luxury car and I only drive 15 miles/d on avg? ### Answer: If you lease a car, you are paying for the depreciation of a certain number of miles, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will prices really be different for cash and cards? ### Answer: My guess would be for small merchants there could be a small difference. For large merchants, the cash is also at a cost equivalent to t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros and cons of using a personal assistant service to manage your personal finances? ### Answer: When you want to hire personal assistants, you must be sure that you are hiring in a trusted company o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I scale down my 401k? ### Answer: Because stock markets don't always go up, sometimes they go down. Sometimes they go way down. Between 2007 and 2009 the S&P 500 lost over half its value. So if...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can a credit card company make any money off me? I have a no-fee card and pay my balance on time ### Answer: Of course they make money. They double dip in a lot of instances they make 2 - 3% plus ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it a good idea to get a mortgage when buying a house, for credit reasons? ### Answer: I would go with the family route if I was you. And i think many other people would if they were fortunate to ha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What strike to choose if I want to sell weekly calls against a long LEAP put ### Answer: So this is only a useful strategy if you already own the stock and want protection. The ITM put has a delta clo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Credit card expenses showing as Liabilities in QuickBooks ### Answer: Is it normal in QuickBooks to have credit card expenses being shows as liabilities? Is there a way I can correct this? If they a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Make your money work for you ### Answer: Thats a very open question, Depends on the risk you are willing to take with the money, or the length of time you are willing sit on it, or if you have a speci...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does anyone make significant money on very low volume stocks? ### Answer: Because swing trading isn't the only reason to buy a stock, and it's not the only way to make money on a stock. I do not ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why might a robo-advisor service like Betterment be preferable to just buying a single well-performing index fund like SPY? ### Answer: Diversification and convenience: Is .15-0.35% fee worth it? It d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: The difference between Islamic Banks and Western Banks ### Answer: One of the principles of Sharia Banking is (Wikipedia): Shariah prohibits what is called "Maysir" and "Gharar". Maysir is involved in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My bank often blocks my card during purchases - what is the most reliable bank card? (UK) ### Answer: This question is likely to be closed as a product recommendation request. But if you are willing t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible, anywhere in the US for a funding firm to not have a license number showing somewhere? ### Answer: Well, these can range from loan broker to outright scams. It is pretty typical that lo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Financing Education through Credit Card or Student Loans ### Answer: I would use student loans and avoid credit card debt if debt is your only option. Here are the advantages I see: Disadvantages:...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Net loss not distributed by mutual funds to their shareholders? ### Answer: When you invest (say $1000) in (say 100 shares) of a mutual fund at $10 per share, and the price of the shares changes, you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is a credit card deposit a normal part of the vehicle purchase process ### Answer: Unfortunately, it's not unusual enough. If you're looking for a popular car and the dealer wants to make sure they a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I cosigned for a friend who is not paying the payment ### Answer: I would like to add one minor point for clarity: Cosigning means that you, alongside your friend, enter into a contract with the bank....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there alternatives to double currency account to manage payments in different currencies? ### Answer: Cheaper and faster are usually mutually exclusive. If you want faster, nothing is faster than ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is my stock gone forever from a reverse split / bought by another company? ### Answer: You can't own fractional shares. If the Reverse Split resulted in you having less a full share (for example, if y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a “Junk Bond”? ### Answer: From wikipedia: In finance, a high-yield bond (non-investment-grade bond, speculative-grade bond, or junk bond) is a bond that is rated below investment grade at the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What type of investments should be in a TFSA, given its tax-free growth and withdrawal benefits? ### Answer: I think "optimal" is a term that needs to be better qualified - what's optimal investment f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I save on closing costs when buying a home? ### Answer: Mostly ditto Pete B's answer. There's little you can do about closing costs. Some closing costs are government fees. There's nothing you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Oversimplify it for me: the correct order of investing ### Answer: One can generalize on Traditional vs Roth flavors of accounts, I suggest Roth for 15% money and going pretax to avoid 25% tax. If th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to pay myself as a single person corporation in Ontario? Should I get an accountant? ### Answer: Get an accountant. Now. There are many subtle things that you do not know especially if you are jus...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Online brokers with a minimum stock purchase lower than $500 ### Answer: With InteractiveBrokers there is no minimum trade amount, they also offer Australian Equities. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options for the intelligent but inexperienced ### Answer: Realize this is almost a year old, but I just wanted to comment on something in Dynas' answer above... "Whenever you trade always think about...
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: I want to elaborate on some of the general points made in the other answers, since there is a lot that is special or unique t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In general, is it financially better to buy or to rent a house? ### Answer: Forget, for the moment, which will pay off most over the long term. Consider risk exposure. You've said that you (hypothetic...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would my job recruiter want me to form an LLC? ### Answer: The "independent contractor" vs. "employee" distinction is a red herring to this discussion and not at all important just because someone...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First time home buyer. How to negotiate price? ### Answer: In this case, trust the real estate agent; negotiating experience is one of the things you selected them for. Especially if they're suggestin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can i short securities in a normal(non-margin) account ### Answer: Exact rules may be different depending on the size of the investor, the specific broker, and the country. For both the US and Canada...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Home Valuation in a Dodgy neighborhood ### Answer: Bad areas are tough to value as a owner-occupied property, because the business model for being a slumlord is to rent apartments in absentia, usually...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In double entry book-keeping, how should I record writing of a check? ### Answer: I'm no accounting expert, but I've never heard of anyone using a separate account to track outstanding checks. Instea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's the difference between Term and Whole Life insurance? ### Answer: Just to add to @duffbeer703 comment, additionally, the cash value is NOT part of the death benefit. The policy is intended to g...
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: There was a study last year -- it was all over the news -- that concluded that experiences, not stuff, is what makes people happy. The ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I have a higher credit limit on my credit card? ### Answer: If you want to stay in the sub 30% range to avoid 'high utilization' on your card, make sure your credit is > 3.33x your usage. For ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the incentive for a bank to refinance a mortgage at a lower rate? ### Answer: 1- Wells Fargo does not own our current mortgage. They have bundled it and sold it as an investment. 2- They make...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a CEO short his own company? ### Answer: Yes. It's called executive hedging, and it's a lot more common than most people know. As long as it's properly disclosed and the decision is based on publi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is investing into real estate a good move for a risk-averse person at the moment ### Answer: If you live and work in the euro-zone, then even after a "crash" all of your income and most of your expens...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does stabilization work during an IPO? ### Answer: There are no "rules" about how the price should act after an IPO, so there are no guarantee that a "pop" would appear at the opening day. But whe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why IV and stock price are inversely related ### Answer: people are willing to pay higher premiums for options when stocks go down. Obviously the time value and intrinsic value and interests rates of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How would I use Google Finance to find financial data about LinkedIn & its stock? ### Answer: When fundamentals such as P/E make a stock look overpriced, analysts often point to other metrics. The PEG...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to trade large number of shares? ### Answer: I think if you are only trading stocks with average volume greater than 1M you should not have any trouble entering a 10,000 size trade. If you are you...