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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Starting with Stocks or Forex? ### Answer: I would advise against both, at least in the way you are discussing it. You seem to be talking about day-trading (speculating) in either stock or currency ma...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Starting with Stocks or Forex? ### Answer: This is an old post I feel requires some more love for completeness. Though several responses have mentioned the inherent risks that currency speculation, l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Starting with Stocks or Forex? ### Answer: I took a course in forex trading for 3 months. I also studied financial markets in the Uni. I have been saving in order to start investing but I face the sam...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are multiple hard inquiries for a specific loan type okay? ### Answer: Assuming I don't need any other new lines of credit, can I get pre-qualified repeatedly (and with different banks) with impunity?...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are multiple hard inquiries for a specific loan type okay? ### Answer: tl;dr: Your best course of action is probably to do a soft pull (check your own credit) and provide that to the lender for an uno...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Problems with Enterprise Value and better valuation techniques ### Answer: This is a tough question SFun28. Let's try and debug the metric. First, let's expand upon the notion share price is determin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Problems with Enterprise Value and better valuation techniques ### Answer: How you use the metric is super important. Because it subtracts cash, it does not represent 'value'. It represents the ong...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Problems with Enterprise Value and better valuation techniques ### Answer: From Wikipedia: Usage Because EV is a capital structure-neutral metric, it is useful when comparing companies with diverse ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Problems with Enterprise Value and better valuation techniques ### Answer: This is an example from another field, real estate. Suppose you buy a $100,000 house with a 20 percent down payment, or $20,0...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have a million dollars of disposable income. What should I do to best benefit the economy? ### Answer: At first, I thought this might be too broad. There are of course thousands of things that you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should we consider when withdrawing a large amount of money from a bank account? ### Answer: withdraw in cash - bank reports it to IRS no matter what. Would this affect my tax filing in the com...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should we consider when withdrawing a large amount of money from a bank account? ### Answer: You state "Any info will be appreciated", so here's some background information on my answer (you can ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax On Unsold Mined Bitcoin ### Answer: Based on my research, the answer is both. You would pay taxes on the bitcoin you mine as income, and then capital gains tax when you sell them for a profit (or ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax On Unsold Mined Bitcoin ### Answer: And directly from IRS notice 2014-21 FAQ: Q-1: How is virtual currency treated for federal tax purposes? A-1: For federal tax purposes, virtual currency is trea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it common in the US not to pay medical bills? ### Answer: Is it common in the US not to pay medical bills? Certainly not. What some might do, however, is not pay them immediately, with the intent ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it common in the US not to pay medical bills? ### Answer: In addition to the good answers already provided, I want to point out that many (most?) providers will handle filing your health insurance ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it common in the US not to pay medical bills? ### Answer: There are some uniquely American issues in this question (and answer), but some general principles as well. Regarding the comment that you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it common in the US not to pay medical bills? ### Answer: Is it common in the US not to pay medical bills? Or do I misunderstood what had been said? I would feel comfortable saying that most people...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it common in the US not to pay medical bills? ### Answer: Is it common in the US not to pay medical bills? Or do I misunderstood what had been said? There has definitely been a misunderstanding as ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it common in the US not to pay medical bills? ### Answer: What you have here is an interesting argument. Right now, this is totally complicated by the state of "forced insurance" that is currently ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it common in the US not to pay medical bills? ### Answer: Personal story here: I ended up at the Santa Monica hospital without insurance and left with a bill of $30k-$35k. They really helped me, so...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it common in the US not to pay medical bills? ### Answer: My answer might be out of date due to the Affordable Health Care law. I will answer for the way things were prior to that law taking effec...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it common in the US not to pay medical bills? ### Answer: While it is not common, it is also not "uncommon." A subtle distinction. If you are poor, you almost certainly get some kind of government...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do public-company buyouts work? ### Answer: Thanks for your question Dai. The circumstances under which these buyouts can occur is based on the US takeover code and related legislation, as well as...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do public-company buyouts work? ### Answer: As a TL;DR version of JAGAnalyst's excellent answer: the buying company doesn't need every last share; all they need is to get 51% of the voting bloc to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it rational to pay out a dividend? ### Answer: The main reason, as far as I can see, is that the dividends are payments with which the shareholders may do what they want. Capital that the compa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it rational to pay out a dividend? ### Answer: First, you need to understand that not every investor's goals are the same. Some investors are investing for income. They want to invest in a pro...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it rational to pay out a dividend? ### Answer: Actually, share holder value is is better maximised by borrowing, and paying dividends is fairly irrelevant but a natural phase on a mature and st...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it rational to pay out a dividend? ### Answer: It comes down to the practical value of paying dividends. The investor can continually receive a stream of income without selling shares of the st...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it rational to pay out a dividend? ### Answer: The real value of a share of stock is the current cash value of all dividends the owner will receive, plus the current cash value of the final liq...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it rational to pay out a dividend? ### Answer: Firstly, investors love dividend paying company as dividends are proof of making profit (sometimes dividend can be paid out of past profits too) ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it rational to pay out a dividend? ### Answer: Paying out dividends and financing new projects with debt also lessens the agency problem. The consequences of a failed project are greater when d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What exactly is a “bad,” “standard,” or “good” annual raise? If I am told a hard percentage and don't get it, should I look elsewhere? ### Answer: TLDR: You will probably need to move to a different ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What exactly is a “bad,” “standard,” or “good” annual raise? If I am told a hard percentage and don't get it, should I look elsewhere? ### Answer: Any such number would depend on the country, the mark...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What exactly is a “bad,” “standard,” or “good” annual raise? If I am told a hard percentage and don't get it, should I look elsewhere? ### Answer: Keep in mind that unless you have a contract that say...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What exactly is a “bad,” “standard,” or “good” annual raise? If I am told a hard percentage and don't get it, should I look elsewhere? ### Answer: You are not actually entitled to any raise at all, un...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What exactly is a “bad,” “standard,” or “good” annual raise? If I am told a hard percentage and don't get it, should I look elsewhere? ### Answer: What makes a "standard" raise depends on how well the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What exactly is a “bad,” “standard,” or “good” annual raise? If I am told a hard percentage and don't get it, should I look elsewhere? ### Answer: your question is based on a false premise. there is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What exactly is a “bad,” “standard,” or “good” annual raise? If I am told a hard percentage and don't get it, should I look elsewhere? ### Answer: There are many variables to this answer. One is, how ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why I can't view my debit card pre-authorized amounts? ### Answer: The simplest answer to why you can't see it in your online statement is a design/business decision that was made, most probably origi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why I can't view my debit card pre-authorized amounts? ### Answer: No money is stolen. They don't show you the hold for whatever reason (not so good a bank?), but the money is still yours. You just ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why I can't view my debit card pre-authorized amounts? ### Answer: The hard hold is the bank holding your money for no reason but to make money of your. Like the hotel took deposit for my over night a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Profiting from the PWC Money Tree ### Answer: The hardest part seems to be knowing exactly when to sell the stock. Well yes, that's the problem with all stock investing. Reports come out all the time...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much do large sell orders affect stock price? ### Answer: In general, how does a large open market stock sale affect prices? A very general answer, all other things being equal, the price will mov...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much do large sell orders affect stock price? ### Answer: The volume required to significantly move the price of a security depends completely on the orderbook for that particular security. There ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How much do large sell orders affect stock price? ### Answer: Most of the investors who have large holdings in a particular stock have pretty good exit strategies for those positions to ensure they ar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to deal with the credit card debt from family member that has passed away? ### Answer: Don't pay it, see a lawyer. Given your comment, it will depend on the jurisdiction on the passing of the hou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to deal with the credit card debt from family member that has passed away? ### Answer: First, when a debt collector says, "It's to your advantage to give me money now", I'd take that with a grain ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to deal with the credit card debt from family member that has passed away? ### Answer: Debts do not inherit to the children. You are absolutely not liable for your parent's debt, in any way whatso...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to deal with the credit card debt from family member that has passed away? ### Answer: Sorry for your loss. Like others have said Debts cannot be inherited period (in the US). However, assets some...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to deal with the credit card debt from family member that has passed away? ### Answer: First off, very sorry for your loss. I lost my father a few years ago and I know it can be tough. My father ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to deal with the credit card debt from family member that has passed away? ### Answer: Sorry for your loss. I am not a lawyer and this isn;t legal advice -- which I am not licensed to give. But I'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to deal with the credit card debt from family member that has passed away? ### Answer: You also might want to see what sort of documentation the credit card company has. Companies can get pretty l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to deal with the credit card debt from family member that has passed away? ### Answer: First, if it is in any way a joint account, the debt usually goes to the surviving person. Assets in joint ac...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: $65000/year or $2500 every two weeks: If I claim 3 exemptions instead of zero, how much would my take home pay be? ### Answer: Take a look at IRS Publication 15. This is your employer's "bible" for wi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: $65000/year or $2500 every two weeks: If I claim 3 exemptions instead of zero, how much would my take home pay be? ### Answer: I use paycheckcity.com and first punch in my paycheck and make sure it ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: $65000/year or $2500 every two weeks: If I claim 3 exemptions instead of zero, how much would my take home pay be? ### Answer: It will usually take a week or two for changes to your withholding to tak...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Real Estate: Please review my recent investment (with numbers from recent purchase) ### Answer: Okay so I am going to break this answer into a couple sections: Okay so first things first. Did you get ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Real Estate: Please review my recent investment (with numbers from recent purchase) ### Answer: You question is a bit scary to me. You show $2100 rent, and let's even assume that's 100%, i.e. never a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it worth investing in Index Fund, Bond Index Fund and Gold at the same time? ### Answer: Index funds can be a very good way to get into the stock market. It's a lot easier, and cheaper, to buy a fe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it worth investing in Index Fund, Bond Index Fund and Gold at the same time? ### Answer: I'd say neither. Index Funds mimic whatever index. Some stocks that are in the index are good investment opp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it worth investing in Index Fund, Bond Index Fund and Gold at the same time? ### Answer: Taking into account that you are in Cyprus, a Euro country, you should not invest in USD as the USA and Chin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Car insurance (UK) excludes commute to and from work, will not pay on claim during non-commute ### Answer: Having worked in insurance, I can give you a few pointers. Firstly, state that you "may have ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Car insurance (UK) excludes commute to and from work, will not pay on claim during non-commute ### Answer: You should start by making a written complaint to the insurance company itself. You have two ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Student loan payments and opportunity costs ### Answer: Ponder this. Suppose that a reputable company or government were to come out and say hey, we are going to issue some 10 year bonds at 6.4%. Anyo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Student loan payments and opportunity costs ### Answer: My recommendation would be to pay off your student loan debt as soon as possible. You mention that the difference between your student loan and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Student loan payments and opportunity costs ### Answer: Staying with your numbers - a 7% long term return will have a tax of 15% (today's long term cap gain tax) resulting in a post tax of 5.95%. On t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Student loan payments and opportunity costs ### Answer: I'll use similar logic to Dave Ramsey to answer this question because this is a popular question when we're talking about paying off any debt ea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Student loan payments and opportunity costs ### Answer: As Mr. Money Money Mustache once said: IF YOU HAVE CREDIT CARD DEBT, YOU SHOULD FEEL LIKE YOUR HAIR IS ON FIRE Student loan debt is different ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Student loan payments and opportunity costs ### Answer: I bought a house when I was 22, I also had $10k in student load debt. After the down payment, I had $1,500 to my name and $82k worth of debt. Al...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Student loan payments and opportunity costs ### Answer: I agree with the advice given, but I'll add another angle from which to look at it. It sounds like you are already viewing the money used to eit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Student loan payments and opportunity costs ### Answer: If I understand correctly, your question boils down to this: "I have $X to invest over 25 years, are guaranteed returns at a 0.6% lower rate bet...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Student loan payments and opportunity costs ### Answer: The only real consideration I would give to paying off the debt as slowly as possible is if inflation were much higher than it is now. If you h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Student loan payments and opportunity costs ### Answer: Already a lot of great answers, but since I ask myself this same question I thought I'd share my 2 cents. As @user541852587 pointed out, behavi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it true that more than 99% of active traders cannot beat the index? ### Answer: What decision are you trying to make? Are you interested day trading stocks to make it rich? Or are you looking at y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it true that more than 99% of active traders cannot beat the index? ### Answer: Obviously, these numbers can never be absolute simply because not all the information is public. Any statistic will m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it true that more than 99% of active traders cannot beat the index? ### Answer: That is such a vague statement, I highly recommend disregarding it entirely, as it is impossible to know what they me...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Switching Roth IRA ( from American Funds to Vanguard) ### Answer: You can have as many IRA accounts as you want (whether Roth or Traditional), so you can have a Roth IRA with American Funds and anothe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is “financial literacy” and how does one become “financially literate”? ### Answer: Wikipedia has a nice definition of financial literacy (emphasis below is mine): [...] refers to an individual...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is “financial literacy” and how does one become “financially literate”? ### Answer: Financial Literacy is about learning about finance and money and how to use and manage them to give you better ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Equation to determine if a stock is oversold and by how much? ### Answer: There are those who would suggest that due to the Efficient Market Hypothesis, stocks are always fairly valued. Consider, if n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Equation to determine if a stock is oversold and by how much? ### Answer: To my knowledge, there's no universal equation, so this could vary by individual/company. The equation I use (outside of sen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Equation to determine if a stock is oversold and by how much? ### Answer: What you are seeking is termed "Alpha", the mispricing in the market. Specifically, Alpha is the price error when compared to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are low commission trading sites safe? ### Answer: Generally, yes. Rather than ask, "why are these guys so cheap?", you should be asking why the big names are so expensive. :) Marketing spend plays a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are low commission trading sites safe? ### Answer: I have used TradeKing for a couple of years now and love it. It really is a great site. They hold an IRA trading account for me and have been helpf...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to rescue my money from negative interest? ### Answer: I'd prefer having it (more or less) fluent at any time, if possible... And the Swiss National Bank (SNB) will do their darndest to make this ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to rescue my money from negative interest? ### Answer: Withdraw your savings as cash and stuff them into your mattress? Less flippantly, would the fees for a safe deposit box at a bank big enough ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to rescue my money from negative interest? ### Answer: You obviously pay your taxes in Switzerland and are employed (judging from your comments on your maximum possible contribution to the 3. Säul...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to rescue my money from negative interest? ### Answer: In Switzerland you should have access to many brokers with fair rates, e.g. Interactive Brokers. Going through them you then put the money in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to rescue my money from negative interest? ### Answer: The problem is that every option comes with risk - as you note, if you put money in stocks, you could lose (and many stocks are overpriced). ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to rescue my money from negative interest? ### Answer: This does not really fit your liquidity requirement but consider buying a one or two room apartment to rent out with part of your savings. Yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to rescue my money from negative interest? ### Answer: How about placing the money in a safety deposit box at the same bank? This will probably work out cheaper than the loss due to negative rates...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to rescue my money from negative interest? ### Answer: You might want to talk with your financial planner about any or all of the following: as well as Some of these offer the guarantee of a minim...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to rescue my money from negative interest? ### Answer: First off, the answer to your question is something EVERYONE would like to know. There are fund managers at Fidelity who will a pay $100 mill...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to rescue my money from negative interest? ### Answer: You could buy Bitcoins. They are even more deflationary than Swiss Francs. But the exchange rate is currently high, and so is the risk in ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get started with the stock market? [duplicate] ### Answer: There's several approaches to the stock market. The first thing you need to do is decide which you're going to take. The first is the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get started with the stock market? [duplicate] ### Answer: You can try paper trading to sharpen your investing skills(identifying stocks to invest, how much money to allocate and stuff) but not...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: As a US Permanent Resident, how much money I can send from the US to India in my NRE account per year? ### Answer: I assume that you are a citizen of India, and are what Indian law calls a NRI (NonRes...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay off my 50K of student loans as quickly as possible, or steadily? Why? ### Answer: The definitive answer is: It Depends. What are your goals? First and foremost, you need to have at least ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay off my 50K of student loans as quickly as possible, or steadily? Why? ### Answer: Here's my take on it (and quite a few people might disagree) - student loans aren't bankruptable, so they...