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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to rebalance a portfolio without moving money into losing investments ### Answer: Also, almost by definition rebalancing involves making more trades than you would have otherwise; wouldn't the a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to rebalance a portfolio without moving money into losing investments ### Answer: If you are making regular periodic investments (e.g. each pay period into a 401(k) plan) or via automatic investme...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it advisable to go for an auto loan if I can make the full payment for a new car? ### Answer: Full payment is always better than auto-loan if you are prudent with finances. I.E if you take a loan, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it advisable to go for an auto loan if I can make the full payment for a new car? ### Answer: There needs to be more numbers with your choices, without those any answer is purely speculation. Assum...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it advisable to go for an auto loan if I can make the full payment for a new car? ### Answer: Without knowing the terms of the company leased car, it's hard to know if that would be preferable to p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it advisable to go for an auto loan if I can make the full payment for a new car? ### Answer: What percentage of your savings is the full car payment? If it's a significant chunk, then I'd finance...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: US Bank placing a hold on funds from my paycheck deposit: Why does that make sense? ### Answer: It is possible that they only do the hold on the first deposit from a given source. It is probably worth...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: US Bank placing a hold on funds from my paycheck deposit: Why does that make sense? ### Answer: First, congratulations on the paycheck! :-) On the holds: Is it possible that by allowing your account ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Determining current value for real estate for inheritance purposes ### Answer: My question is... how is this new value determined? Does it go off of the tax appraised value? The tax assessors value...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Determining current value for real estate for inheritance purposes ### Answer: There are multiple ways of determining the value of an inherited property. If you aren't planning on selling it, then the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Determining current value for real estate for inheritance purposes ### Answer: how is this new value determined? According to Publication 551: Inherited Property The basis of property inherited from a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Could the loan officer deny me even if I have the money as a first time home buyer? ### Answer: A financial institution is not obligated to offer you a loan. They will only offer you a loan if they be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Could the loan officer deny me even if I have the money as a first time home buyer? ### Answer: My credentials: I used to work on mortgages, about 5 years ago. I wasn't a loan officer (the salesman) o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Could the loan officer deny me even if I have the money as a first time home buyer? ### Answer: I've been a mortgage broker for almost 20 years. I get people loans all of the time thru FHA and Conven...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Could the loan officer deny me even if I have the money as a first time home buyer? ### Answer: I’ve been in the mortgage business for nearly 15 years. Your question is sort of multi-faceted and I’m ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Could the loan officer deny me even if I have the money as a first time home buyer? ### Answer: There are loan options for those in your situation. It is very common. I am a licensed loan officer nm...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: GnuCash: expense tracking/amounts left under limits ### Answer: Yes. The simplest option to track your spending over time is to familiarize yourself with the "Reports" menu on the toolbar. Take a lo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For a major expensive home renovation (e.g. addition, finished basement, or new kitchen) should one pay cash or finance with a loan? Would such a loan be “good” debt? ### Answer: Reasons to pay with c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For a major expensive home renovation (e.g. addition, finished basement, or new kitchen) should one pay cash or finance with a loan? Would such a loan be “good” debt? ### Answer: Good debt is very clo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For a major expensive home renovation (e.g. addition, finished basement, or new kitchen) should one pay cash or finance with a loan? Would such a loan be “good” debt? ### Answer: The number one reason...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For a major expensive home renovation (e.g. addition, finished basement, or new kitchen) should one pay cash or finance with a loan? Would such a loan be “good” debt? ### Answer: The crucial question ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For a major expensive home renovation (e.g. addition, finished basement, or new kitchen) should one pay cash or finance with a loan? Would such a loan be “good” debt? ### Answer: The reason for borrow...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't the government simply payoff everyone's mortgage to resolve the housing crisis? ### Answer: Could it be done? Yes, it could, subject to local law. A variant of such an approach has been sug...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't the government simply payoff everyone's mortgage to resolve the housing crisis? ### Answer: Just looking at the practicality: Because the total value of outstanding mortgages in the US is a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't the government simply payoff everyone's mortgage to resolve the housing crisis? ### Answer: Interestingly, ancient Judaism and Christianity held a Jubilee year every 50 years in which all d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't the government simply payoff everyone's mortgage to resolve the housing crisis? ### Answer: Government purchases of mortgages simply transfers the debt burden from households to the soverei...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't the government simply payoff everyone's mortgage to resolve the housing crisis? ### Answer: I think Energy and Mike point out the some serious issues but the prospects for the futures also ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't the government simply payoff everyone's mortgage to resolve the housing crisis? ### Answer: TARP was ~$475 billion of loans to institutions. Loans that are to be paid back, with interest (...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are my options for this high interest student loan? ### Answer: There is no magic formula to this, quite simply: earn, cut expenses, and pay. It sounds like you can use a little bit of help in t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I buy and sell the same stock on the same day? ### Answer: Because it takes 3 business days for the actual transfer of stock to occur after you buy or sell to the next owner, your cash is tied...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I buy and sell the same stock on the same day? ### Answer: You should not have to wait 3 days to sell the stock after purchase. If you are trading with a cash account you will have to wait for...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I buy and sell the same stock on the same day? ### Answer: If you're going to be a day trader, you really need to know your stuff. It's risky, to say the least. One of the most important elem...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I buy and sell the same stock on the same day? ### Answer: you need minimum of 25k otherwise youll reach a limit. you have to wait 3 days for the sale to clear unless youre on margin. dont buy...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does the Fed use PCE over CPI? ### Answer: Consumers aren't the only economic participants impacted by a change in the Fed rate.... Inflation has WIDE ranging implications from the future liabili...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does the Fed use PCE over CPI? ### Answer: (the average person doesn't care nor are they affected by how much their employer spends in healthcare) It may be true that the average person doesn't c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does the Fed use PCE over CPI? ### Answer: The reason is in your own question. The answer is simple. They use that code to tax the product otherwise it would just be out of pocket expenses. ###en...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to find out if a company is legit? ### Answer: It depends greatly from place to place, but nothing beats the Internet reviews' research. If you can't find anything digging slightly deeper than the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to find out if a company is legit? ### Answer: If you are trying to weed out companies that are fronts for scams, one way is to look for a physical address that checks out with the phone book and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My previous and current employers both use Fidelity for 401(k). Does it make sense to rollover? ### Answer: I would check to see what the fee schedule is on your previous employer's 401k. Depending on...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My previous and current employers both use Fidelity for 401(k). Does it make sense to rollover? ### Answer: I would always suggest rolling over 401(k) plans to traditional IRAs when possible. Particu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For the first time in my life, I'm going to be making real money…what should I do with it? ### Answer: Fool's 13 steps to invest is a good starting point. Specifically, IFF all your credit cards are p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For the first time in my life, I'm going to be making real money…what should I do with it? ### Answer: Fund your retirement accounts first. Even as an intern, it is still worthwhile to open a Roth IR...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For the first time in my life, I'm going to be making real money…what should I do with it? ### Answer: If I may echo the Roth comment - The Roth is a tax designation, not an end investment, so you sti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For the first time in my life, I'm going to be making real money…what should I do with it? ### Answer: Your attitude is great, but be careful to temper your (awesome) ambition with a dose of reality. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For the first time in my life, I'm going to be making real money…what should I do with it? ### Answer: On the one hand, it's a great idea to open a Roth IRA now, once you've got the cash to contribute...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a “Junk Bond”? ### Answer: A junk bond is, broadly, a bond with a non-negligible risk of default. ("Bond" ought to be defined elsewhere, but broadly it's a financial instrument you buy from a...
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 is a “Junk Bond”? ### Answer: A "junk bond" is one that pays a high yield UP FRONT because there is a good chance that it could default. So the higher interest rate is necessary to try to compens...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When do companies typically announce stock splits? ### Answer: In 2005, Apple announced a split on Feb 11... CUPERTINO, California — February 11, 2005 — Apple® announced today that its Board of Direct...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Precious metal trading a couple questions ### Answer: Limited Price is probably equivalent to the current par value of a "limit order". Markets move fast, and if the commodity is seeing some volatilit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Precious metal trading a couple questions ### Answer: Correcting Keith's answer (you should have read about these details in the terms and conditions of your bank/broker): Entrustment orders are like ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a high share price benefit a company when it is raising funds? ### Answer: In an IPO (initial public offering) or APO (additional public offering) situation, a small group of stakeholders (as...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a high share price benefit a company when it is raising funds? ### Answer: A private company say has 100 shares with single owner Mr X, now it needs say 10,000/- to run the company, if they c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a high share price benefit a company when it is raising funds? ### Answer: Well, if one share cost $100 and the company needs to raise $10000, then the company will issue 100 shares for that ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a high share price benefit a company when it is raising funds? ### Answer: Share price is based on demand. Assuming the same amount of shares are made available for trade then stocks with a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why could rental costs for apartments/houses rise while buying prices can go up and down? ### Answer: I am from Australia, so my answer is based on my experience over here, however it should be simila...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why could rental costs for apartments/houses rise while buying prices can go up and down? ### Answer: At 5%, this means you expect rents to double every 14 years. I bought a condo style apartment 28 y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why could rental costs for apartments/houses rise while buying prices can go up and down? ### Answer: Average rent rates will typically rise and fall, and are market-dependent just like real estate. I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why could rental costs for apartments/houses rise while buying prices can go up and down? ### Answer: They are two different animals. When you rent you are purchasing a service. The landlord, as your...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why could rental costs for apartments/houses rise while buying prices can go up and down? ### Answer: Economically, you would say that purchased and rented real estate are not perfect substitutes--the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do bond interest rate risk premiums only compensate for the amount investors might lose? ### Answer: In answer to your last formulation, no. In a perfectly efficient market, different investors still ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do bond interest rate risk premiums only compensate for the amount investors might lose? ### Answer: [...] are all bonds priced in such a way so that they all return the same amount (on average), afte...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do with my paper financial documents? ### Answer: Regarding your specific types: If you can't part with anything, sure, scan them. Also, there are lots of opportunities to sign up for eS...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do with my paper financial documents? ### Answer: Here's my approach: As for Google Docs, I think that its safe enough for most people. If you in a profession that was subject to heavy r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do with my paper financial documents? ### Answer: I won't add to the timelines, as I agree or don't care but my two cents are ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Making an offer on a property - go in at market price? ### Answer: Firstly, the agent doesn't work for you. He works for himself. It's in his interest not to get you a house at the lowest cost but to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Making an offer on a property - go in at market price? ### Answer: From then on we've felt he was really pushy and rushing us to make a decision (we need to lock in a good rate, its a sellers market, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Making an offer on a property - go in at market price? ### Answer: First off; I don't know of the nature of the interpersonal relationship between you and your roommate, and I don't really care, but I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Making an offer on a property - go in at market price? ### Answer: First piece of advice: fire your agent. A pushy agent is a bad agent. From what you've told us, he's actually given you poor advic...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Making an offer on a property - go in at market price? ### Answer: Both of my primary home purchases were either at, or close to asking price. My first house was during the local seller's market in 20...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to split taxation of funds earned from a crowdfunding campaign over multiple years? ### Answer: I think you should really start a limited company for this. It'll be a lot simpler to spr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Higher auto insurance costs: keep car or switch to public transit? ### Answer: Looking at your numbers, I would definitively consider selling the car, and use the public transportation instead. You co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Higher auto insurance costs: keep car or switch to public transit? ### Answer: So you will be saving $450 + price of commuting gas - cost of transportation + cost of commuting maintenance - the cost o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Higher auto insurance costs: keep car or switch to public transit? ### Answer: I've lived this decision, and from my "anecdata": do #3 I have been car-free since 2011 in a large United States city. I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Higher auto insurance costs: keep car or switch to public transit? ### Answer: I'm guessing Toronto? Sell the car! Use public transit. Save a ton of money. You can always rent a car for the day or we...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Smartest Place to Put Tax Refund ### Answer: Congratulations on your graduation and salary. You are in a great career field (I know from experience.) As a background, I would feel pretty confident i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Smartest Place to Put Tax Refund ### Answer: Welcome to Money.SE. Your question is similar to a number of others. The "How do I pay my debt down?" and "How do I invest extra money?" is a bit of a cont...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell a 2nd home, or rent it out? ### Answer: So here are some of the risks of renting a property: Plus the "normal" risk of losing your job, health, etc., but those are going to be bad whethe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell a 2nd home, or rent it out? ### Answer: If it was me, I would sell the house and use the proceeds to work on/pay off the second. You don't speak to your income, but it must be pretty d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell a 2nd home, or rent it out? ### Answer: I kind of hate piling on with another opinion, but this is too long for a comment. I did what you are thinking of doing, I would at least try rent...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell a 2nd home, or rent it out? ### Answer: It sounds like you plan to sell sooner or later. If your opinion is that there is still room for the housing market to grow, make your bet and sel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell a 2nd home, or rent it out? ### Answer: One piece of information you didn't mention is how much you paid for the original home. If you hold onto that home for too long you will have to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell a 2nd home, or rent it out? ### Answer: Option A - you sell the house and then use the money to pay off a portion of your second mortgage. The return on that investment is 5.5% a year, o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell a 2nd home, or rent it out? ### Answer: Another factor is, how far is your prospective rental property from where you live? vs. how comprehensive is your property management service? If...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell a 2nd home, or rent it out? ### Answer: If you can generate a higher ROI by renting than by cashing out and investing, then you should rent it out. Please consider your risk tolerance as...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell a 2nd home, or rent it out? ### Answer: I don't see anything in this forum on the leverage aspect, so I'll toss that out for discussion. Using generic numbers, say you make a $10k down ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell a 2nd home, or rent it out? ### Answer: Heres what you need to know: This can be prevented by what a previous renter did to us. This is a smart, kind of a jerky way to do it but its VERY...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How companies choose earnings release dates, & effect on Implied Volatility ### Answer: I can't speak authoritatively to your broader question about stocks in general, but in several years tracking AA...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I increase my hourly pay as a software developer? ### Answer: Short term: ask for a raise or look for a new job that pays more. Longer term: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I increase my hourly pay as a software developer? ### Answer: It's a tough thing to do. You should look for a salaried position. Your freelance skills will be much better received, if you've...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I increase my hourly pay as a software developer? ### Answer: You are paid hourly? I would have expected most IT people to be on salary Depends what your boss is like, he might be easy going a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I increase my hourly pay as a software developer? ### Answer: Start by going to Salary.com and figuring out what the range is for your location (could be quite wide). Then also look at job po...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I increase my hourly pay as a software developer? ### Answer: Most full time developer jobs in the US are paid on a salary basis rather than hourly unless you are a contractor. Also, the pay v...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to negotiate when you have something to give back? ### Answer: NEVER combine the negotiations for trade-in of an old car and purchase of a new one (and/or financing), if you can avoid doing so. De...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to negotiate when you have something to give back? ### Answer: I don't think that there is a generic answer that will apply to this question across all goods. The answer depends on how the relate...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Slow destruction on co-signed property ### Answer: First off learn from this: Never cosign again. There are plenty of other "tales of woe" outlined on this site that started and ended similarly. Sec...
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: Should I scale down my 401k? ### Answer: the whole room basically jumped on me I really have an issue with this. Someone providing advice should offer data, and guidance. Not bully you or attack you. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I scale down my 401k? ### Answer: IMHO your thinking is spot on. More than likely, you are years away from retirement, like 22 if you retire somewhat early. Until you get close keep it in agg...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I scale down my 401k? ### Answer: See if they offer a "Target Date" plan that automatically adjusts throughout your career to balance gains against preserving what you've already built up. You...