Datasets:
circircircle
/
FinQA

Dataset card Data Studio Files
xet
 Community
text
stringlengths
146
45.7k
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I pay off my 50K of student loans as quickly as possible, or steadily? Why? ### Answer: Here's my thoughts on the subject: ###end
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: I recently paid-off $40k in student loan debt. One of the motivations for me to accelerate my payments wa...
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: Two things you should consider about paying off student loans ahead of the 10 year amortization schedule:...
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: If you make paying off those loans a priority, you will find money where you can and also look for stuff...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is house swapping possible? ### Answer: You would have to find someone in the other state who wanted to swap. This is conceivable but difficult if you want the houses to be the same value. How do yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is house swapping possible? ### Answer: Another possibility that you might consider is to find a renter for your current place and move to your destination. If you have a lease for your renter, your m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it normal to think of money in different “contexts”? ### Answer: The psychology around money is the subject of a lifetime of study. Your observations are not uncommon. The market daily fluctuatio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it normal to think of money in different “contexts”? ### Answer: All value given to products is subjective and is different from person to person. It can also vary for the same person from year to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it normal to think of money in different “contexts”? ### Answer: Well, this relates to how you interpret something's value. We can use that magazine and restaurant as an example. For you the extra ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it normal to think of money in different “contexts”? ### Answer: Here's how I think about money. There are only 3 categories / contexts (buckets) that my earned money falls into. Savings is my emer...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: OTC Stocks - HUGE gains? ### Answer: Changing my answer based on clarification in comments. It appears that some of the securities you mentioned, including GEAPP, are traded on what is colloquially kn...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First Time Home Buyer - How much down payment? Where to go for Mortgage? ### Answer: You are correct that 20% has an impact on your interest rate, although it is not always hugely significant. You wo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any rules against penalizing consumers for requesting accurate credit reporting? ### Answer: I think you're off base here. The bureaus only remove information if the creditor cannot verify ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any rules against penalizing consumers for requesting accurate credit reporting? ### Answer: To answer the heart of your question, it would be illegal for any credit bureau or creditor to so...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any rules against penalizing consumers for requesting accurate credit reporting? ### Answer: The Fair Credit Reporting Act specifies in some detail on pages 50-54 (as labeled in the footer, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where do traders take their prices data from? How can it be different from their brokers'? ### Answer: This is a complicated subject, because professional traders don't rely on brokers for stock quote...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where do traders take their prices data from? How can it be different from their brokers'? ### Answer: To add a bit to Daniel Anderson's great answer, if you want to 'peek' at what a the set of bid an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Non-qualified Savings Plan vs. 401(k) for Highly Compensated Employee ### Answer: 401k plans are required to not discriminate against the non-HCE participants, and one way they achieve this is by limi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Non-qualified Savings Plan vs. 401(k) for Highly Compensated Employee ### Answer: Also, in (5), is it considered unpaid wages? Because that's pretty high on the bankruptcy hierarchy. No. It is near t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a dealer keep my deposit (on a non-existant car) if my loan is not approved? ### Answer: Without the contract it's hard to say for sure, but Consumer Reports indicates that it's pretty easy to los...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Received an unexpected cashiers check for over $2K from another state - is this some scam? ### Answer: It is likely a scam. In fact the whole mystery shopping "job" may be a scam. There is a Snopes ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Received an unexpected cashiers check for over $2K from another state - is this some scam? ### Answer: This is a variation of a very common scam. The principle of the scam is this: I give you a check ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Received an unexpected cashiers check for over $2K from another state - is this some scam? ### Answer: This is so very much a scam. The accepted answer already tells you the basics of it. In additio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Received an unexpected cashiers check for over $2K from another state - is this some scam? ### Answer: Some of these answers are actually wrong. Basically if you were to cash this cheque, you are comm...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I help others plan their finances, without being a “conventional” financial planner? ### Answer: In the UK there is a non-profit called the Citizen's Advice Bureau which provides free advice t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I help others plan their finances, without being a “conventional” financial planner? ### Answer: If you personally make any money from it then you need a Series 65, or a Series 63 license. It ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I help others plan their finances, without being a “conventional” financial planner? ### Answer: I am a Certified Financial Planner and provide tactical advice on everything from budgeting to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I help others plan their finances, without being a “conventional” financial planner? ### Answer: I think it's great that you want to contribute. Course Instructor You may want to take a look a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I help others plan their finances, without being a “conventional” financial planner? ### Answer: You know there is a small group of individuals who focus on strictly planning without implement...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I help others plan their finances, without being a “conventional” financial planner? ### Answer: You need a license/registration to be a "conventional" financial planner. But as long as your ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do wire transfers get settled? ### Answer: Wire transfers normally run through either the Fedwire system or the Clearing House Interbank Payments System (CHIPS). The process generally works like t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do historically low interest rates affect real estate prices? ### Answer: The article John cites says no correlation, but this chart from the article says otherwise; One sees the rate drop from 1...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do historically low interest rates affect real estate prices? ### Answer: Interest rates do generally affect house prices but other factors do too, especially the unemployment rate. However, every...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does one value Facebook stock as a potential investment? ### Answer: In the long term, a P/E of 15-25 is the more 'normal' range. With a 90 P/E, Facebook has to quadruple its earnings to get to no...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does one value Facebook stock as a potential investment? ### Answer: You could try this experiment: pay for an Ad/banner on Facebook for 1 month. The Ad/banner should link to your ecommerce site. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does one value Facebook stock as a potential investment? ### Answer: To know if a stock is undervalued is not something that can be easily assessed (else, everybody would know which stock is under...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does one value Facebook stock as a potential investment? ### Answer: The amount of hype and uneducated investors/speculators driving its prices up. Just by that I would say its prices are inflated...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should market based health insurance premiums be factored into 6 months emergency fund savings? ### Answer: Yes, you should budget some amount of your emergency fund for healthcare expenses. How much...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should market based health insurance premiums be factored into 6 months emergency fund savings? ### Answer: The guideline for the size of an emergency fund is just a guideline. I've usually heard it ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should market based health insurance premiums be factored into 6 months emergency fund savings? ### Answer: Yes factor into your fund the cost of health insurance. You basically have three options wh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should market based health insurance premiums be factored into 6 months emergency fund savings? ### Answer: Yes, it should be. As, where one has insurance, its an expense one would expect one to conti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I cosigned for a friend who is not paying the payment ### Answer: Cosigning is explicitly a promise that you will make the payments if the primary signer can not. Don't do it unless you are able to ha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I cosigned for a friend who is not paying the payment ### Answer: I'm sorry you are going through this, but what you are dealing with is exactly is how cosigning works. It is among other reasons why ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I cosigned for a friend who is not paying the payment ### Answer: I am not sure how anyone is answering this unless they know what the loan was for. For instance if it is for a house you can put a li...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I cosigned for a friend who is not paying the payment ### Answer: The point of co-signing for a friend is that they're your friend. You signed for them in the belief that your friendship would ensure...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I cosigned for a friend who is not paying the payment ### Answer: You promised to pay the loan if he didn't. That was a commitment, and I recommend "owning" your choice and following it through to it...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I cosigned for a friend who is not paying the payment ### Answer: Another option, not yet discussed here, is to allow the loan to go into default and let the loaning agency repossess the property the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I cosigned for a friend who is not paying the payment ### Answer: I would like to add one minor point for clarity: Cosigning means that you, alongside your friend, enter into a contract with the bank....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I cosigned for a friend who is not paying the payment ### Answer: Without all the details it's hard to tell what options you may have, but none of them are good. When you cosign you are saying that, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I cosigned for a friend who is not paying the payment ### Answer: Sue the friend. When you win, garnish his wages. It does not have to be by so much that it makes him quit his job, but get 75.00 per p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I cosigned for a friend who is not paying the payment ### Answer: I came across such a situation and I am still facing it. My friend borrowed my credit card for his expenses as he had misplaced his de...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I cosigned for a friend who is not paying the payment ### Answer: I think I'm reading that you cosigned a loan with a friend, and they've stopped paying on their loan. Not a whole lot of options here....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I cosigned for a friend who is not paying the payment ### Answer: If the bank is calling your employer, the federal Fair Debt Collection Practices Act (FDCPA) limits where and when debt collectors can...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Purchasing first car out of college ### Answer: I respectfully disagree with @JohnFX's comment regarding new vs used. (John knows what is talking about though; he gave an awesome answer on buying a c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Purchasing first car out of college ### Answer: The .9% looks great, but it's not as relevant as the cost of the car itself. There are those who believe that one should never own a new car, that the f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't more people run up their credit cards and skip the country? ### Answer: It's harder than you think. Once card companies start seeing your debt to credit line ratios climb, they will slash y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't more people run up their credit cards and skip the country? ### Answer: Because most people aren't willing to sacrifice their ability to live in the US for 100k. Remember that you can't pull...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't more people run up their credit cards and skip the country? ### Answer: Even if you could get it with no major hassle, $100,000 is just not that much money. In a cheap third world country, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't more people run up their credit cards and skip the country? ### Answer: I take it the premise of the question is that we're assuming the person isn't worried about the morals. He's a crimina...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't more people run up their credit cards and skip the country? ### Answer: Quality of life, success and happiness are three factors that are self define by each individual. Most of the time all...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When one pays Quarterly Estimated Self Employment Taxes, exactly what are they paying? ### Answer: From the IRS page on Estimated Taxes (emphasis added): Taxes must be paid as you earn or receive inco...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When one pays Quarterly Estimated Self Employment Taxes, exactly what are they paying? ### Answer: Your question does not say this explicitly, but I assume that you were once a W-2 employee. Each pay...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I lookup accurate current exchange rates for consumers? ### Answer: What you see on XE, is the rate at which it is being traded in the market. What you receive from a broker is the rate minu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I lookup accurate current exchange rates for consumers? ### Answer: I want to shop in the currency that will be cheapest in CAD at any given time. How do you plan to do this? If you are us...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I lookup accurate current exchange rates for consumers? ### Answer: Current and past FX rates are available on Visa's website. Note that it may vary by country, so use your local Visa websit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Assessed value of my house ### Answer: You said the tax assessor gave you an appraised value, but I think you mean assessed value. This article YOUR HOME; Market vs. Appraisal: What's the Real Value? ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Assessed value of my house ### Answer: I had the same thing happen to my house. I bought it in 2011 for 137,000, which was the same as the FHA appraised value (because FHA won't guarantee a loan for m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Assessed value of my house ### Answer: It is very simple. You bought the house when prices were near their peak in 2008. Housing prices have dropped considerably since then which was the main cause ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can landlord/property change unit after approval and payment of fees? ### Answer: Without the specifics of the contract, as well as the specifics of the country/state/city you're moving to, it's hard ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get rid of someone else's debt collector? ### Answer: Sue the debt collectors in small claims court. There are several example stories around the internet, but this is a well written one from...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get rid of someone else's debt collector? ### Answer: As a former debt collector myself, I can tell you that we did occasionally get someone claiming that they weren't who they really were. How...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get rid of someone else's debt collector? ### Answer: Suing is a legitimate option as well as screening your calls but here's another idea which has personally worked and relates to the collect...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get rid of someone else's debt collector? ### Answer: I have been in a similar position for quite a while now and the only thing that seems to help is screening phone calls. I have a long list ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get rid of someone else's debt collector? ### Answer: Step 1)I answer the phone saying it is illegal to call my cell phone and I want all further communications in writing. Put this number on t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is 0% credit card utilization worse than 1-20% credit card utilization for any reason other than pure statistics? ### Answer: Having no utilization makes you an outlier, it's an unusual circumstance f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is 0% credit card utilization worse than 1-20% credit card utilization for any reason other than pure statistics? ### Answer: The whole point of a credit report and, by extension, a credit score, is t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is 0% credit card utilization worse than 1-20% credit card utilization for any reason other than pure statistics? ### Answer: One rule of thumb is that having regular activity on at least three differ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is 0% credit card utilization worse than 1-20% credit card utilization for any reason other than pure statistics? ### Answer: This question has been absolutely perplexing to me. It has spawned a few ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is 0% credit card utilization worse than 1-20% credit card utilization for any reason other than pure statistics? ### Answer: Credit Scores / Rates are based on sometimes simple and sometimes quite co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is 0% credit card utilization worse than 1-20% credit card utilization for any reason other than pure statistics? ### Answer: I too was very confused when I tried to be tricky and paid down my balance...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is 0% credit card utilization worse than 1-20% credit card utilization for any reason other than pure statistics? ### Answer: Going off hearsay here. I believe your question is. "Does not having a cre...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is 0% credit card utilization worse than 1-20% credit card utilization for any reason other than pure statistics? ### Answer: you can relate everything on a credit report, and how things are calculate...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do performers pay taxes on comped meals and hotels? ### Answer: My number one piece of advice is to see a tax professional who can guide you through the process, especially if you're new to the proces...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do with the change in my change-jar? ### Answer: Every now and then I fill a pocket with a handful of coins and spend it on a very small shop on my way home, i.e. a loaf of bread (£1.50)...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do with the change in my change-jar? ### Answer: I don't like paying the percentage on the supermarket coin counters, and don't feel like buying a coin counter so I have my own solution....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do with the change in my change-jar? ### Answer: Are you in an occupation that regularly collects change or is this change left in your pocket at the end of the day? Here in the US it is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do with the change in my change-jar? ### Answer: In the U.S. at least, a lot of these CoinStar machines are now owned and operated by the store or other venue in which they're placed, as...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I do with the change in my change-jar? ### Answer: I don't know if those machines work this way in the UK too, but here in the US you can often avoid the coin-counting fee if you opt to co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a small amount (e.g. $50) of stock via eToro “Social Trading Network” using a “CFD”? ### Answer: Concerning the Broker: eToro is authorized and registered in Cyprus by the Cyprus Securities Exc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a small amount (e.g. $50) of stock via eToro “Social Trading Network” using a “CFD”? ### Answer: As many people here have pointed out, a CFD is a contract for difference. When you invest in sto...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a small amount (e.g. $50) of stock via eToro “Social Trading Network” using a “CFD”? ### Answer: There are some useful answers here, but I don't think any of them are quite sufficient. Yes, th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a small amount (e.g. $50) of stock via eToro “Social Trading Network” using a “CFD”? ### Answer: As Waldfee says, CFDs are a derivative (of the underlying stock in this case). If you are from t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a small amount (e.g. $50) of stock via eToro “Social Trading Network” using a “CFD”? ### Answer: Is eToro legitimate? If you have any doubts about eToro or other CFD providers (or even Forex pr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Negative Balance from Automatic Options Exercise. What to do? ### Answer: Automatic exercisions can be extremely risky, and the closer to the money the options are, the riskier their exercisions are. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When does giving a gift “count” for tax year? ### Answer: Generally it goes by when they receive the check, not when they cash the check. Though if the check was received prior to midnight on December...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When does giving a gift “count” for tax year? ### Answer: Based on past case law, a check made payable to qualified charity and delivered (e.g., placed in the mail on 12/31 would count as delivered as...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Selling property outside the US - gains are taxable, but how do they convert? ### Answer: Since you did not treat the house as a QBU, you have to use USD as your functional currency. To calculate cap...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Employer skipped payments, should I allow them to defer payment until Jan 2017? ### Answer: First, let's look at the tax brackets for single taxpayers in 2016: The cutoff between the 25% and 28% tax b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Employer skipped payments, should I allow them to defer payment until Jan 2017? ### Answer: TL;DR: The difference is $230. Just for fun, and to illustrate how brackets work, let's look at the differen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax implications of diversification ### Answer: Yes, to change which stocks you owe you need to sell one and buy the other, which for tax purposes means taking the profit or loss accrued up to then. O...