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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I find historical ratios of international stock indexes? ### Answer: I found a possible data source. It offers fundamentals i.e. the accounting ratios you listed (P/E, dividend yield, price...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What do brokerage firms do? ### Answer: Off the top of my head, a broker: While there are stock exchanges that offer direct market access (DMA), they (nearly) always want a broker as well to back the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What do brokerage firms do? ### Answer: You can get direct market access (DMA) but you have to pay for data, as this is part of the exchanges data plan, and there are plenty of other fees that are pas...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: No transaction fee ETF trades - what's the catch? ### Answer: Banks often offer cash to people who open savings accounts in order to drive new business. Their gain is pretty much as you think, to grow...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: No transaction fee ETF trades - what's the catch? ### Answer: AFAIK, It's also possible that the ETF company is paying Ameritrade for every trade you make. Even if your brokerage doesn't make you pay ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: No transaction fee ETF trades - what's the catch? ### Answer: what is the mechanism by which they make money on the funds that I have in my account? Risk drives TD Ameritrade to look for profits, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a NY tax form to use when one is missing a K-1 (or 1065) from an LLC? ### Answer: Form 10-K is filed by corporations to SEC. You must be thinking of form 1065 (its schedule K) that a partners...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: question regarding W4 ### Answer: Yes. W4 determines how much your employer will withhold from your wages. Leaving everything at default would mean that your salary is your only taxable income, and yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: question regarding W4 ### Answer: There are still ways that the default values on the W4 can lead you to get a refund or owe the IRS. If there was a big delta in your paychecks, it can lead to problem...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Increase or decrease amount to be withheld each pay period? ### Answer: If you know that your tax situation is not easily handled by the standard withholding table then you can use that line to ask fo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does working in finance firms improve a person's finance knowledge? ### Answer: It depends what you mean by financial knowledge. Often you will work in a group focused on some aspect of the company's...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does working in finance firms improve a person's finance knowledge? ### Answer: Depends on what work you're doing. If you aren't doing a job which involves working with and understanding the data, pro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Over the long term, why invest in bonds? ### Answer: If I don't need this money for decades, meaning I can ride out periodical market crashes, why would I invest in bonds instead of funds that track b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Over the long term, why invest in bonds? ### Answer: Bonds provide protections against stock market crashes, diversity and returns as the other posters have said but the primary reason to invest in bo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Over the long term, why invest in bonds? ### Answer: I can think of a few reasons for this. First, bonds are not as correlated with the stock market so having some in your portfolio will reduce volati...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Over the long term, why invest in bonds? ### Answer: Many folks use bonds to diversify their portfolio since bonds rise and fall in value at different times and for different reasons than stocks. Bond...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does “interest rates”, without any further context, generically refer to? ### Answer: In the United States, if someone refers to the "interest rate", especially if heard on news or talk radio in ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does “interest rates”, without any further context, generically refer to? ### Answer: The generic representative of interest rates is the 10 year treasury bond rate. (USA). As an approximation mo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does “interest rates”, without any further context, generically refer to? ### Answer: Generically, interest rates being charged are driven in large part by the central bank's rate and competition...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does “interest rates”, without any further context, generically refer to? ### Answer: When "people say", each person is referring to whatever he/she is looking at. Interest rates tend to move ro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does “interest rates”, without any further context, generically refer to? ### Answer: It refers to the risk free rate of a particular country. Because all other rates are usually pegged to the ri...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I transfer my investment property into a SMSF? ### Answer: Regarding transferring a residential investment property into your SMSF, no you cannot do it. You cannot transfer residential property in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it a good strategy to +cash out refi every six months? ### Answer: When you refinance, there is cost (guess: around $2000-$3000) to cover lawyers, paperwork, surveys, deed insurance, etc. etc. etc....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How Often Should I Chase a Credit Card Signup Bonus? ### Answer: See the accepted answer for this question. What effect will credit card churning for frequent flyer miles have on my credit score? Thi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How Often Should I Chase a Credit Card Signup Bonus? ### Answer: An inquiry to your credit report is a slight ding and lasts 2 years. I'd suggest that if you are playing the bonus game you watch your ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How Often Should I Chase a Credit Card Signup Bonus? ### Answer: Your credit score is definitely affected by the age of your credit accounts, so if you frequently close one card and open another new o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I get free or discounted checks for my bank account? ### Answer: There is no reason you must buy the bank's printed check. There are many places both physical stores and on line the offer chec...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I get free or discounted checks for my bank account? ### Answer: Although not required, #2 would work best if you used magnetic ink... That is an extra cost which you may or may not want to pa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I get free or discounted checks for my bank account? ### Answer: First, if you live in/around a reasonably populated urban area, and you're in the United States, I can't see why you would choo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Merits of buying apartment houses and renting them ### Answer: Carnegie Mellon University (CMU) and the University of Pittsburgh (Pitt) have different end of term dates but by less than a month. Both...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Merits of buying apartment houses and renting them ### Answer: I’m not an expert on the VISA/US tax or insurance, but you're making enough mistakes in terms of all the associated costs involved in own...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Merits of buying apartment houses and renting them ### Answer: I am not going to argue the merits of investing in real estate (I am a fan I think it is a great idea when done right). I will assume yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Merits of buying apartment houses and renting them ### Answer: Insurance - get estimate from an insurance agent who works with policies for commercial real estate. See comments below regarding incorp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Merits of buying apartment houses and renting them ### Answer: Hitting the 25% marginal rate does not mean all of your earnings are taxed at 25%, only those that exceed the top of the 15% bracket. You...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 1000 pound to invest ### Answer: Depending what your timeframe preferences are, here are a couple of options: Stock indexes: as per Fool's investing guide, historically this had the highest return / r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 1000 pound to invest ### Answer: ChrisW's comment may appear flippant, but it illustrates (albeit too briefly) an important fact - there are aspects of investing that begin to look exactly like gambli...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 1000 pound to invest ### Answer: 1000 (£/$/€) is also not a lot to start with. Assuming you want to buy stocks or ETFs you will be paying fees on both ends. Even with online brokerages you are looki...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Clear example of credit card balance 55 days interest-free “trick”? ### Answer: Well, I answered a very similar question "Credit card payment date" where I showed that for a normal cycle, the average ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Clear example of credit card balance 55 days interest-free “trick”? ### Answer: There are always little tricks you can play with your credit card. For example, the due date of your statement balance i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Clear example of credit card balance 55 days interest-free “trick”? ### Answer: I think this stuff was more valid when grace periods were longer. For example, back in the 90's, I had an MBNA card with...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a recruiting agency demand information to file an I-9 before I have a job? ### Answer: Unless they're the actual employers, the I-9 is none of their business. Your employer must verify your eligib...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Add $5000 to existing retirement account ### Answer: You cannot contribute directly to that 401k account if you no longer work at the sponsoring company - you have to be on their payroll. You can, ho...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: May I claim money earned but not received in 2012 ### Answer: If you didn't receive the money in 2012 or have constructive receipt you really can't claim the income. If the company is going to give yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does giving to charity work? ### Answer: If something is tax-deductible in the US, it means that, in the eyes of the Internal Revenue Service, you effectively didn't earn that money. Within restr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does giving to charity work? ### Answer: For many people, giving to charity will have minimal effect on their taxes. Non-profits love to attract donations by saying the money is tax deductible, bu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does giving to charity work? ### Answer: Charitable donations can be deducted from your income, and in that way make your taxable income lower, hence lower taxes. That's the meaning of "tax deduct...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does giving to charity work? ### Answer: If I donate $10,000 to charity then I can deduct that $10,000 from my income and not pay income taxes on it. So if I make $50,000 a year then I will only ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does giving to charity work? ### Answer: A simpler view is that tax deductions allow you to give to charities from your gross salary, not your net salary. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does giving to charity work? ### Answer: The intention of making the charitable contributions tax deductible is to provide an economic incentive to contribute to organizations which tend to improv...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does giving to charity work? ### Answer: If you don't have much money, and more important, don't itemize, donations are strictly between you and your karma. If you itemize (from a combination of m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does giving to charity work? ### Answer: I'll answer your second question: it depends what your charity is for. There are two types: i) Emergency (i.e. to respond to environmental or social disast...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the address on 1040 and MD resident 502 my previous address in 2013 or my current address? ### Answer: No, always give the most current address information to the IRS, not least because they will u...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where should a young student put their money? ### Answer: Good for you! At your age, you should definitely consider investing some of your hard-earned and un-needed money in stocks with the long-term ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where should a young student put their money? ### Answer: It really is dependent upon your goals. What are your short term needs? Do you need a car/clothing/high cost apartment/equipment when you st...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can I refinance my recent car loan at a lower rate than I had received originally? ### Answer: The simple answer might just be that the increased credit score you mentioned was enough to suddenly ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I change my loan term from 60 to 36 months? ### Answer: Some places banks/Credit Unions will allow you to refinance a auto loan. My credit Union only does this if the original loan was with anothe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I change my loan term from 60 to 36 months? ### Answer: Just call your credit union and ask if they will let you refinance at the lower rate. If they won't, then just increase your payment every m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What percent of your portfolio should be in a money market account? ### Answer: I would disagree with your analysis. To me there are two purposes for a money market (MM): Your emergency fund should b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a failed chargeback affect my credit score? ### Answer: If this chargeback failed then would it negatively affect my credit score? A credit score is a measure of how dependable of a borrower you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a failed chargeback affect my credit score? ### Answer: I think your confusion comes from the negative impact when a creditor writes off your bad credit and ceases attempting to collect it. "Char...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does a failed chargeback affect my credit score? ### Answer: Credit scores in the U.S. are entirely based on information contained in your credit report. The details of your credit card transactions,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I file my taxes as a contractor? ### Answer: For tax purposes you will need to file as an employee (T4 slips and tax withheld automatically), but also as an entrepreneur. I had the same sit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I file a change of address with the IRS? ### Answer: The most important thing to do when moving is to change your address with the post office. This will forward most mail for a year, and even ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it worth working at home to earn money? Can I earn more money working at home? ### Answer: I think the right question you should ask yourself is: Can i work at home? is it possible? do I have a cal...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it worth working at home to earn money? Can I earn more money working at home? ### Answer: I don't mean to be rude, but if you have to ask if you can earn a living from home, the answer is 'probabl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it worth working at home to earn money? Can I earn more money working at home? ### Answer: It completely depends on what type of work you intend to do. Are you intending to run/setup your own busin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do some symbols not have an Options chain for specific expiration dates? ### Answer: Short answer: Liquidity. Well, you have to see it from an exchange's point of view. Every contract they put up...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do some symbols not have an Options chain for specific expiration dates? ### Answer: The answer is actually very simple: the cost of data. Seriously. Call the CBOE tomorrow and ask yourself. They ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do some symbols not have an Options chain for specific expiration dates? ### Answer: All openly traded securities must be registered with the SEC and setup with clearing agents. This is a costly ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I deduct “Non-Reimbursable Expenses”? ### Answer: You can only deduct (with the 2% AGI threshold) expenses that: You've actually incurred. I.e.: you actually paid for equipment or services provide...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: File Taxes: US Expat, now married to foreign national ### Answer: Per the IRS instructions on filing as Head of Household as a Citizen Living Abroad, if you choose to file only your own taxes, and you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: File Taxes: US Expat, now married to foreign national ### Answer: When I was in this situation, I always did Married Filing Separately. In the space for spouse you just write "non resident alien". I'm...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I estimate other people's credit limit at the grocery store? ### Answer: What you're referring to is Visa Easy Payment Services (VEPS). Other payment processors have similar programs. Basically, c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I estimate other people's credit limit at the grocery store? ### Answer: The minimum amount is set by the merchant services provider based on the kind of business, its location and the history. It...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can housing prices rise faster than incomes in the long run? ### Answer: When over the long term housing costs in a area rise faster than wages rise, the demographic of who lives in the area changes....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can housing prices rise faster than incomes in the long run? ### Answer: In a strictly mathematical sense, no. Or rather, it depends what 'long run' means. Say today the home average is $200K, and p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would you withdraw your money from your bank if you thought it was going under? ### Answer: There's obviously a lot of discussion surrounding your question, but if I thought a bank was going under, th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would you withdraw your money from your bank if you thought it was going under? ### Answer: If the FDIC didn't insure your deposit, there would be a run on EVERY bank, so there is no way the governmen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would you withdraw your money from your bank if you thought it was going under? ### Answer: I have two different thoughts on this subject. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would you withdraw your money from your bank if you thought it was going under? ### Answer: I probably would not take it out, since I have enough layers of backstops: Maybe if I could find a better ra...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would you withdraw your money from your bank if you thought it was going under? ### Answer: To the average consumer, the financial health of a bank is completely irrelevant. The FDIC's job is to make...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would you withdraw your money from your bank if you thought it was going under? ### Answer: The article you link scares me; but I still have faith that the FDIC will keep me protected. Personally, if...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't institutions share stock recommendations like Wall Street analysts? ### Answer: Primarily because they don't want big price movements when they are in the market. If they spook the markets, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't institutions share stock recommendations like Wall Street analysts? ### Answer: Institutions may be buying large quantities of the stock and would want the price to go up after they are done...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My landlord is being foreclosed on. Should I confront him? ### Answer: If John signs the lease he is entitled to stay there for the duration of the lease regardless of the foreclosure status. http:/...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My landlord is being foreclosed on. Should I confront him? ### Answer: I wouldn't confront him. It's really none of your business what he has done or not done with your money as long as you've been a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My landlord is being foreclosed on. Should I confront him? ### Answer: Verbal agreements are not legally binding. Unless you have signed a new lease agreement, you are not obligated to continue rentin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: income tax for purchased/sold short term & long term shares ### Answer: As mentioned by Dilip, you need to provide more details. In general for transacting on stocks; Long Term: If you hold the stock ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: income tax for purchased/sold short term & long term shares ### Answer: No Tax would have been deducted at the time of purchase/sale of shares. You would yourself be required to compute your tax liabi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: US Banks offering Security Tokens in 2012 ### Answer: Bank of America "safe-pass" generates a code that is sent to your phone as a text message. Its an optional feature, this happens during log in, i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: US Banks offering Security Tokens in 2012 ### Answer: I'm looking for another one right now. Here's what I've found: Los Alamos National Bank (www.lanb.com) has tokens ($5?), but I think they only op...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: US Banks offering Security Tokens in 2012 ### Answer: Charles Schwab and HSBC offer security tokens. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I give to charity by check or credit card? ### Answer: As someone that has run a nonprofit, my 2 cents: First: thank you for giving and for being conscientious about wanting to make things as e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I give to charity by check or credit card? ### Answer: This kind of questions keeps repeating itself on this site and the answer is generally it doesn't matter. As you said yourself, there are ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I give to charity by check or credit card? ### Answer: The definite answer if you want to give a larger amount of money is: Ask the charity. Just drop them a mail with something like: Dear Sirs...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I give to charity by check or credit card? ### Answer: In the US, if it's a large donation to a tax-exempt organization (401c3 or equivalent), you may want to consider giving appreciated equiti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I give to charity by check or credit card? ### Answer: This might be blasphemy in the context of an audience that may be most focused on the gift itself, but you should be donating in a manner ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What evidence or research suggests that mid- or small-capitalization stocks should perform better than large caps? ### Answer: I think it's safe to say that Apple cannot grow in value in the next 20 y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What evidence or research suggests that mid- or small-capitalization stocks should perform better than large caps? ### Answer: From Dimson, Elroy, Paul Marsh, and Mike Staunton. Triumph of the Optimis...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What evidence or research suggests that mid- or small-capitalization stocks should perform better than large caps? ### Answer: Efficient Frontier has an article from years ago about the small-cap and ...