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: Why can't you just have someone invest for you and split the profits (and losses) with him? ### Answer: On reflection there are financial products that do what you want, whole-life insurance policies ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't you just have someone invest for you and split the profits (and losses) with him? ### Answer: What you are looking for is a pretty terrible deal for you, so I'd say it doesn't exist because ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't you just have someone invest for you and split the profits (and losses) with him? ### Answer: Give me your money. I will invest it as I see fit. A year later I will return the capital to you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't you just have someone invest for you and split the profits (and losses) with him? ### Answer: At this point the cost of borrowing money is very low. For the sake of argument, say it is 1% p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't you just have someone invest for you and split the profits (and losses) with him? ### Answer: because the market price for good investment advice isn't that low. investment advice is subject...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't you just have someone invest for you and split the profits (and losses) with him? ### Answer: I'm answering this from a slightly different angle, but there are people (individuals) who will ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't you just have someone invest for you and split the profits (and losses) with him? ### Answer: Written with some mild snark , but no insult intended, because financial stuff can be ridiculous...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't you just have someone invest for you and split the profits (and losses) with him? ### Answer: A 'indexed guaranteed income certificate' (Market Growth GIC) fits the criteria defined in the O...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't you just have someone invest for you and split the profits (and losses) with him? ### Answer: Such an offer has negative value, so it's hard to see how it would make sense to accept it. The ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I legally and efficiently help my girlfriend build equity by helping with a mortgage? ### Answer: Have her chip in for the regular expenses, utilities, food, etc., and a bit for "rent." Then t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I legally and efficiently help my girlfriend build equity by helping with a mortgage? ### Answer: Equity means having ownership, and I think that's a REALLY bad idea in the scenario that you d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I legally and efficiently help my girlfriend build equity by helping with a mortgage? ### Answer: There is no simple, legally reasonable, way for her to build equity by helping out with your m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I legally and efficiently help my girlfriend build equity by helping with a mortgage? ### Answer: I agree with everyone who has simply told you 'Dont' and 'You can't' and add a few more consid...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I legally and efficiently help my girlfriend build equity by helping with a mortgage? ### Answer: all the other answers are spot on, but look at it this way. really all you mean when you say "...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I legally and efficiently help my girlfriend build equity by helping with a mortgage? ### Answer: I'm glad that you feel like being fair and equitable to your party. Other answerers are, of co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I legally and efficiently help my girlfriend build equity by helping with a mortgage? ### Answer: Have her pay something like a friendly monthly rent. This should be less than half of the mont...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I legally and efficiently help my girlfriend build equity by helping with a mortgage? ### Answer: There is no issue - and no question - if you get married. The question is only relevant in th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I legally and efficiently help my girlfriend build equity by helping with a mortgage? ### Answer: A 30-yr mortgage IS a committment. So, you are willing to commit to a place, but not your long...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I legally and efficiently help my girlfriend build equity by helping with a mortgage? ### Answer: I just wanted to give you a different perspective, as I own a house (purchased with a mortgage...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I legally and efficiently help my girlfriend build equity by helping with a mortgage? ### Answer: This is fine, just have a plan before you go into it. Look up a co-ownership agreement contrac...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I legally and efficiently help my girlfriend build equity by helping with a mortgage? ### Answer: I'm looking for something simple, legal, reasonably formal, easy to setup and tax efficient. Y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Money limit to pay tax for Patreon ### Answer: If you are in the US, you legally must file taxes on any income whatsoever. How much you will pay in taxes, if any, will depend on your total taxable in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I have no exemptions or deductions, just a simple paycheck, do I HAVE to file taxes? ### Answer: As a Canadian resident, the simple answer to your question is "yes" Having worked as a tax auditor a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I have no exemptions or deductions, just a simple paycheck, do I HAVE to file taxes? ### Answer: While you are required to do so as others have said, it's actually in your interest to do so. In a r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I have no exemptions or deductions, just a simple paycheck, do I HAVE to file taxes? ### Answer: Yes, you have to file a tax return in Canada. Non residents that have earned employment income in C...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I have no exemptions or deductions, just a simple paycheck, do I HAVE to file taxes? ### Answer: In many cases, you are required to file your taxes by law even if you won't owe. If it's anything li...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I have no exemptions or deductions, just a simple paycheck, do I HAVE to file taxes? ### Answer: If you took advantage of options like a home buyers plan (HBP) you definitely need to file since you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If I have no exemptions or deductions, just a simple paycheck, do I HAVE to file taxes? ### Answer: You are not required to file a tax return in Canada if you have no taxable income. If you do not fil...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there guidelines for whom you should trust for financial advice (online, peer, experts, only myself, etc) ### Answer: You need to understand how various entities make their money. Once you know th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there guidelines for whom you should trust for financial advice (online, peer, experts, only myself, etc) ### Answer: Nothing beats statistics like that found on Morning Star, Yahoo or Google Fina...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Including the region where you live in your investment portfolio? ### Answer: Diversification is a risk-mitigation strategy. When you invest in equities, you generally get a higher rate of return than...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Including the region where you live in your investment portfolio? ### Answer: The problem is aggregating information from so many sources, countries, and economies. You are probably more aware of loc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Including the region where you live in your investment portfolio? ### Answer: Diversification is just one aspect in an investment portfolio. The other aspects in Investment are Risk Taking Ability, Li...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Interest on security deposits paid to landlords, in Michigan? ### Answer: NO. The legislation requires the landlord to deposit it in a bank. Check out pages 7-10 of the linked document. There is no...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Interest on security deposits paid to landlords, in Michigan? ### Answer: No. The full text of the Landlord-Tenant Act (specifically, section 554.614 of Act 348 of the year 1972) makes no mention of t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Bank of the Sierra: Are they legit? How can the checking interest APY be so high? ### Answer: The FDIC is pretty confident about them being legit. http://www2.fdic.gov/idasp/main_bankfind.asp (type i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Bank of the Sierra: Are they legit? How can the checking interest APY be so high? ### Answer: I believe MrChrister's answer is correct: Since they're FDIC insured, they are "legit." Second, on the s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does historical data get adjusted for dividends, exactly? ### Answer: Various types of corporate actions will precipitate a price adjustment. In the case of dividends, the cash that will be paid ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does historical data get adjusted for dividends, exactly? ### Answer: If you download the historical data from Yahoo, you will see two different close prices. The one labeled 'Close' is simply the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does historical data get adjusted for dividends, exactly? ### Answer: According to Active Equity Management by Zhou and Jain: When a stock pays dividend, the adjusted price in Yahoo makes the foll...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does historical data get adjusted for dividends, exactly? ### Answer: I had both closing price and adjusted price of Apple showing the same amount after "download data" csv file was opened in exc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What economic, political and other factors influence mortgage rates (and how)? ### Answer: If you owned a bank how would you invest the bank's money? Typically banks are involved in loaning out money...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What economic, political and other factors influence mortgage rates (and how)? ### Answer: Without commenting on whether or not it's needed I don't think we are going to see a QE3 and all the politica...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do US retirement funds typically have way more US assets than international assets? ### Answer: There are a few main economic reasons given why investors show a strong home bias: Interestingly, th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do US retirement funds typically have way more US assets than international assets? ### Answer: It's likely that the main reason is the additional currency risk for non-USD investments. A wider di...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do US retirement funds typically have way more US assets than international assets? ### Answer: To expand a bit on @MSalters's answer ... When I read your question title I assumed that by "retirem...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do US retirement funds typically have way more US assets than international assets? ### Answer: You need growth in your retirement fund. Sad to say but the broad U.S. marks still has better growth...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do US retirement funds typically have way more US assets than international assets? ### Answer: nan ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I need to file taxes when selling on eBay or Amazon? ### Answer: In simple terms, it is a business operation when it becomes a profit-making enterprise. It is a grey area, but there is a differen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Making your first million… is easy! (??) ### Answer: It is difficult to become a millionaire in the short term (a few years) working at a 9-to-5 job, unless you get lucky (win the lottery, inheritance...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Making your first million… is easy! (??) ### Answer: I realize that "a million dollars" is a completely arbitrary figure, but it's one people fixate on. Perhaps folks just meant it's getting eas...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Making your first million… is easy! (??) ### Answer: Easy. Start with 2 millions and lose only one. Jokes aside, if you want a million USD, you should be asking yourself how you can produce products o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Making your first million… is easy! (??) ### Answer: I think there's a measure of confirmation bias here. If you talk to somebody that started a successful business and got a million out of it, he'd s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the risks of Dividend-yielding stocks? ### Answer: Yep, there just is no free lunch. So called high dividend stocks are usually from companies that have stable cash flows but relatively litt...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the risks of Dividend-yielding stocks? ### Answer: Dividend Stocks like any stock carry risk and go both up and down. It is important to choose a stock based on the company's potential and p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the risks of Dividend-yielding stocks? ### Answer: The risk in a divident paying stock can come from 2 sources. The business of the company, or the valuation of the stock at the time you buy....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the risks of Dividend-yielding stocks? ### Answer: Having a good dividend yield doesn't guarantee that a stock is safe. In the future, the company may run into financial trouble, stop paying ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the risks of Dividend-yielding stocks? ### Answer: No stock is risk-free. Some of the biggest companies in the country, that seemed incredibly stable and secure, have suffered severe downturn...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the risks of Dividend-yielding stocks? ### Answer: One strategy to consider is a well-diversified index fund of equities. These have historically averaged 7-8% real growth. So withdrawing 3% ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where to deduct gambling losses? ### Answer: 1: Gambling losses not in excess of gambling winnings can be deducted on Schedule A, line 28. See Pub 17 (p 201). Line 28 catches lots of deductions, and...
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: You manage this account just as any other account. "Petty cash" refers to accounts where the cash money is intended for ad-hoc...
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 sales tax for online purchases based on billing- or shipping address? ### Answer: From Amazon's Site: "If an item is subject to sales tax in the state to which the order is shipped, tax is general...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is sales tax for online purchases based on billing- or shipping address? ### Answer: Apparently it's based on either the address of the seller or vendor or your shipping address; from the AccurateTax....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is sales tax for online purchases based on billing- or shipping address? ### Answer: The technical answer is defined by the laws of state you live in but most (all?) states with a sales tax have some ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is sales tax for online purchases based on billing- or shipping address? ### Answer: From my understanding as a seller, and having read through Amazon's 8 page calculation methodology document, the de...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Single employee - paying for health insurance premiums with pre-tax money ### Answer: The answer likely depends a bit on which state you are in, but this should be true for most states. I don't know ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Single employee - paying for health insurance premiums with pre-tax money ### Answer: Pre tax insurance is not possible unless the emplyer provides hsa and do a payroll deduction. Obamacare is all pos...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Everyone got a raise to them same amount, lost my higher pay than the newer employees ### Answer: Why do you think you are entitled to "fairness"? In this world you get what you get. I am pretty sure...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Everyone got a raise to them same amount, lost my higher pay than the newer employees ### Answer: This is one effect of rising minimum wages: compression of lower pay tiers. The new employees might h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Everyone got a raise to them same amount, lost my higher pay than the newer employees ### Answer: The same thing happened to me when I worked retail during my college years. I agree that it is unfair...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Everyone got a raise to them same amount, lost my higher pay than the newer employees ### Answer: This question is largely opinion based but I wanted to balance out the people jumping on you. There a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Everyone got a raise to them same amount, lost my higher pay than the newer employees ### Answer: You didn't get laid off or have your hours cut back when the minimum wage was raised? I guess you hav...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: FHA Reduction Notices From Third-Party Companies - Scam? Or Something To Consider? ### Answer: This is obviously a spam mail. Your mortgage is a public record, and mortgage brokers and insurance agent...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do gas stations charge different amounts in the same local area? ### Answer: This is known as "Zone Pricing" or "Geographical Pricing". http://articles.latimes.com/2005/jun/19/business/fi-calprice...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do gas stations charge different amounts in the same local area? ### Answer: Location, Location, Location. The closer to the highway, the more they can charge. People want to go less than a mile f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do gas stations charge different amounts in the same local area? ### Answer: There are many factors. Most gas stations price their gas based on what it will cost them to replace it. So when the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do gas stations charge different amounts in the same local area? ### Answer: I only have anecdotal evidence here as members of my family used to own a grocery store / gas station, but they were of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do gas stations charge different amounts in the same local area? ### Answer: When I ran a gas station, our price was largely set by our neighbors-- the other gas stations in the area. We couldn't ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do gas stations charge different amounts in the same local area? ### Answer: One factor I haven't seen mentioned is volume. Suppliers will charge a slightly lower price to the station if they buy...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do gas stations charge different amounts in the same local area? ### Answer: Some of this is demand management. The local BJ's wholesale club sells gas $0.10-0.15/gallon less than the prevailing ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do gas stations charge different amounts in the same local area? ### Answer: I'll echo: many factors. Brand: There are generally two levels of pricing: "major brand" and "discount brand". You can ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any way to buy a new car directly from Toyota without going through a dealership? ### Answer: No you can't buy direct from Toyota. Largely because of many states' laws (assuming you're in th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any way to buy a new car directly from Toyota without going through a dealership? ### Answer: I feel your pain. It probably depends on your state, but two things we've tried with some benefit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any way to buy a new car directly from Toyota without going through a dealership? ### Answer: You could consider buying a fairly recent used car from CarMax. They have fixed pricing, and you'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any way to buy a new car directly from Toyota without going through a dealership? ### Answer: Any car manufacturer that undercuts their own dealer network would have that network fall apart q...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any way to buy a new car directly from Toyota without going through a dealership? ### Answer: If there's one reasonably close to you, you could go to a no-haggle dealership. Instead of makin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any way to buy a new car directly from Toyota without going through a dealership? ### Answer: sadly, it is illegal in most states to buy a car directly from the manufacturer. as such, most ma...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any way to buy a new car directly from Toyota without going through a dealership? ### Answer: You can buy a new Toyota from a non-dealer, but not from Toyota directly as they have no retail d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any way to buy a new car directly from Toyota without going through a dealership? ### Answer: As someone who was just recently a salesman at Honda, I'd recommend buying a Honda instead :). If...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any way to buy a new car directly from Toyota without going through a dealership? ### Answer: As others have addressed the legality in their answers, I want to address the idea of the dealers...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any way to buy a new car directly from Toyota without going through a dealership? ### Answer: nan ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any way to buy a new car directly from Toyota without going through a dealership? ### Answer: You already got good answers on why you can't buy a Toyota from the factory, but my answer is reg...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any way to buy a new car directly from Toyota without going through a dealership? ### Answer: Yes, nothing is impossible! :) You can buy it directly from the factory of manufacturer, but then...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should a high-school student invest their (relative meager) savings? ### Answer: You should invest in that with the best possible outcome. Right now that is in yourself. Your greatest wealth buildin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should a high-school student invest their (relative meager) savings? ### Answer: You have a few correlated questions here: Yes you can. There are only a few investment strategies that require a minim...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should a high-school student invest their (relative meager) savings? ### Answer: At your age (heck, at MY age :-)) I would not think about doing any of those types of investments (not savings) on your...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should a high-school student invest their (relative meager) savings? ### Answer: IMHO It is definitively not too early to start learning and thinking about personal finances and also about investing. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should a high-school student invest their (relative meager) savings? ### Answer: The advice to invest in yourself is good advice. But the stock market can be very rewarding over the long pull. You hav...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should a high-school student invest their (relative meager) savings? ### Answer: Is investing a good idea with a low amount of money? Yes. I'll take the angle that you CAN invest in penny stocks. Ther...