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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What economic growth rate is required to halve U.S. unemployment? ### Answer: I believe the Bureau of Labor Statistics has published some numbers in this area... I cannot find them at the moment thoug...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What economic growth rate is required to halve U.S. unemployment? ### Answer: I'm reminded of Say's Law (developed by Jean-Baptiste Say) which can best be reduced to: The market clears (i.e. there is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will the stock market continue to grow forever? ### Answer: The stock market may not grow "forever". There will be growth in the stock market, though. The stock market is a positive-sum game, since it...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will the stock market continue to grow forever? ### Answer: The answer to your question depends on what you mean when you say "growth". If you mean a literal increase in the aggregate market capitali...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will the stock market continue to grow forever? ### Answer: Yes! Look at any graph or chart covering the last 100 years. The graph goes up. It will continue to grow unless there is an extinction even...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't poor countries just print more money? ### Answer: Printing money doesn't mean that their wealth increases. It just devalues the money they already have. So it will just take more money to b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it normal that US Treasury bills(0.07%) yield smaller than interest rate(0.25%)? ### Answer: Maybe someone will have more details, but a couple of things come to mind immediately: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it normal that US Treasury bills(0.07%) yield smaller than interest rate(0.25%)? ### Answer: Im not sure if its normal/sensical/healthy, and that is kind of opinion based. But there is a reason for...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it normal that US Treasury bills(0.07%) yield smaller than interest rate(0.25%)? ### Answer: I have been charting the CPI reported inflation rate vs . the yeald on the 10-year T-note. Usually, the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I invest in to hedge against a serious crash or calamity? ### Answer: If you're referring to investment hedging, then you should diversify into things that would profit if expected event h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I invest in to hedge against a serious crash or calamity? ### Answer: Different risks require different hedges. You won't find a single hedge that will protect you against any risk. The ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I invest in to hedge against a serious crash or calamity? ### Answer: Are you willing to risk the possibility of investing to prepare for these things and losing money or simply getting me...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should I invest in to hedge against a serious crash or calamity? ### Answer: If peak oil is a concern, hedge against the effects of high oil prices. Reduce your dependence on the gas pump by mov...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What industries soar when oil prices go up? ### Answer: Generally speaking, you want to find goods and services that are inelastic and also require oil as a cost. Oil company stocks make record profit...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What industries soar when oil prices go up? ### Answer: You can look at it from a fundamental perspective to see who benefits from rising oil prices. That's a high level analysis and the devil is in t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Explain the HSI - why do markets sometimes appear in sync and other times not? ### Answer: Contributing factors to the diversion were that: A) China's currency does not float like other major countrie...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Explain the HSI - why do markets sometimes appear in sync and other times not? ### Answer: why do markets sometimes appear in sync, but during other times, not so much By "markets" I'm assuming you me...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens if someone destroy money? ### Answer: Depending on the country, nothing. For example, the US has about $1.3 trillion dollars of cash in circulation. Which means that if you were to bur...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: how derivatives transfer risk from one entity to another ### Answer: By buying the call option, you are getting the benefit of purchasing the underlying shares (that is, if the shares go up in value, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: how derivatives transfer risk from one entity to another ### Answer: When you buy a call option, you transfer the risk to the owner of the asset. They are risking losing out on gains that may accumula...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: how derivatives transfer risk from one entity to another ### Answer: The important thing to realize is, what would you do, if you didn't have the call? If you didn't have call options, but you wanted ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros & cons of investing in gold vs. platinum? ### Answer: Platinum use is pretty heavily overweight in industrial areas; according to the linked Wikipedia article, 239 tonnes of platinum was sold in ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros & cons of investing in gold vs. platinum? ### Answer: @Michael Kjörling answered why platinum is in demand like it is. But it missed some of the significant risks so I will address some of them....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros & cons of investing in gold vs. platinum? ### Answer: It is only wise to invest in what you understand (ala Warren Buffet style). Depending on how much money you have, you might see fit to consul...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros & cons of investing in gold vs. platinum? ### Answer: One might hope for slightly more rationality in the platinum market. Rarely does one hear talk of "platinum bugs", rants about how every soci...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros & cons of investing in gold vs. platinum? ### Answer: Why Investors Buy Platinum is an old (1995) article but still interesting to understand the answer to your question. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How fast does the available amount of gold in the world increase due to mining? ### Answer: For the last few years around 2,500 metric tonnes of gold have been produced each year. This is on top of e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How fast does the available amount of gold in the world increase due to mining? ### Answer: If that fraction is really small, then the amount of gold can be thought of as relatively constant. That fra...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How fast does the available amount of gold in the world increase due to mining? ### Answer: Approximately 5.3 billion ounces have been mined. This puts the total value of all gold in the world at abou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I switch/rollover my IRA to a Gold IRA at Regal Assets? ### Answer: The link you originally included had an affiliate code included (now removed). It is likely that your "friend" suggested the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I switch/rollover my IRA to a Gold IRA at Regal Assets? ### Answer: Advantages of Gold IRA (regardless of where you're holding it): Disadvantages of Gold IRA: Instead, you can invest in trust f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you find reasonably priced, quality, long lasting clothing? ### Answer: On the quality angle a big part of it is experience, but the biggest thing is careful observation. You have to take a cl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you find reasonably priced, quality, long lasting clothing? ### Answer: The idea that you should buy quality, long lasting clothes shouldn't go unchallenged. It's just not true for everybody. I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you find reasonably priced, quality, long lasting clothing? ### Answer: Use resources like Consumer Reports and recommendations from like-minded friends to figure out brands which have a reputa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you find reasonably priced, quality, long lasting clothing? ### Answer: Are specific brand recommendations allowed? I'm a big fan of Lands' End. They have good quality clothing at reasonable pr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you find reasonably priced, quality, long lasting clothing? ### Answer: According to this http://shine.yahoo.com/event/financiallyfit/cheapest-days-to-shop-online-2301854/ Tuesday is the best d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you find reasonably priced, quality, long lasting clothing? ### Answer: The best way to find good quality is to check the garment tag: What kind of material is it made of? Jersey 100% cotton or...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are Shiller real-estate futures and options catching on with investors? ### Answer: The Case-Schiller macro derivatives market has seen very minimal activity. For example, in the three regional mark...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are Shiller real-estate futures and options catching on with investors? ### Answer: In my experience, Shiller is always way before his time with his predictions and often it comes at too early a point...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to hedge against specific asset classes at low cost ### Answer: The essence of hedging is to find an investment that performs well under the conditions that you're concerned about. If you're conce...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to hedge against specific asset classes at low cost ### Answer: I wonder in this case if it might be easier to look for an emerging markets fund that excludes china, and just shift into that. In ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Demurrage vs inflation ### Answer: Yes, there's a difference. If you've borrowed $100, then under inflation your salary will (presumably) increase, and tomorrow your debt will only be worth $99. But ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Exposure to Irish Housing Market ### Answer: There contracts called an FX Forwards where you can get a feel for what the market thinks an exchange rate will be in the future. Now exchange rates are n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Exposure to Irish Housing Market ### Answer: I was in a similar situation, and used FX trading to hedge against currency fluctuations. I bought the "new" currency when the PPP implied valuation of my ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Could one person with a card with no spending limit pay off everyone's debt? ### Answer: The problem would not only be that of Kyle but also that of American Express. When Kyle pays by credit card, A...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I determine if my rate of return is “good” for the market I am in? ### Answer: A good way to measure the performance of your investments is over the long term. 25-30% returns are easy to get! ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I determine if my rate of return is “good” for the market I am in? ### Answer: A good measurement would be to compare to index's. Basically a good way to measure your self would be to ask "If ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I determine if my rate of return is “good” for the market I am in? ### Answer: Do you recall where you read that 25% is considered very good? I graduated college in 1984 so that's when my own ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I determine if my rate of return is “good” for the market I am in? ### Answer: First add the inflation, then minus your expenses for the year. If you are better than that, you have done "good"...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What causes US Treasury I bond fixed interest to increase? ### Answer: The Fed is trying to keep the money supply growing at a rate just slightly faster than the increase in the total production in t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is Volvo a public company? ### Answer: There are two different companies named "Volvo." The publicly-traded company with ticker symbol VOLV-B is called Volvo Group, or AB Volvo. They primarily build ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: As an investor what are side effects of Quantitative Easing in US and in EU? ### Answer: Quantitative Easing Explained: http://www.npr.org/blogs/money/2010/10/07/130408926/quantitative-easing-explaine...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: As an investor what are side effects of Quantitative Easing in US and in EU? ### Answer: Well if your looking to explain inflation to children, I would use this example. Take two fruits they like IE: ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When is Cash Value Life Insurance a good or bad idea? ### Answer: The standard answer I have heard is that if you were to purchase term life insurance and invest the difference between the cost of the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When is Cash Value Life Insurance a good or bad idea? ### Answer: Here's what I'd consider: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When is Cash Value Life Insurance a good or bad idea? ### Answer: Buy term and invest the difference is certainly the standard recommendation, and for good reason. When you start looking at some sampl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When is Cash Value Life Insurance a good or bad idea? ### Answer: Buy term and invest the rest is something you will hear all the time, but actually cash value life insurance is a very misunderstood, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does “Net Depreciation in Fair Value” mean on a financial report? ### Answer: First, the annual report is just that, a snapshot that shows value at the beginning and end of the period. Beginning ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: US citizen married to non-resident alien; how do I file taxes? ### Answer: Congrats on the upcoming wedding! Here is the official answer to this question, from the IRS. They note that you can choose t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: US citizen married to non-resident alien; how do I file taxes? ### Answer: From what you've described, your spouse is a non-resident alien for US tax purposes. You have two choices: Use the Nonresiden...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: looking for research tool to plug in and evaluate theoretical historical returns ### Answer: The professional financial advisors do have tools which will take a general description of a portfolio and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where do short-term traders look for the earliest stock related news? ### Answer: I work for a fund management company and we get our news through two different service providers Bloomberg and Thomso...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where do short-term traders look for the earliest stock related news? ### Answer: There's a whole industry devoted to this. Professionals use Bloomberg terminals. High Frequency Traders have compute...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I predict if it is better to save money in USD or local currency? ### Answer: Typically, the higher interest rates in local currency cover about the potential gain from the currency exchange rate...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is Weiss Research, Inc. a legitimate financial research company? ### Answer: This company was a reputable rating agency for many years. See Weiss Research website, ratings section for a very different...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is Weiss Research, Inc. a legitimate financial research company? ### Answer: Weiss Ratings is an independent company providing data and analysis for the bank and insurance industries. We’ve published...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is Weiss Research, Inc. a legitimate financial research company? ### Answer: It is a scam organization praying on fear of the simple minded. The facts Edelson presents are not accurate - http://www....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Impact of Extreme Situations such as WW2 on “legendary” Investors' Returns? ### Answer: Possibly the best answer to why America became globally dominant after WW2 was written by a FRENCHMAN, Jean-Jacq...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What assets would be valuable in a post-apocalyptic scenario? ### Answer: Gold and silver are for after the crisis, not during. Gold and silver are far more likely to be able to be exchanged for thin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What assets would be valuable in a post-apocalyptic scenario? ### Answer: This is going to be a list of some things that will likely be of value immediately after some apocalyptic event. However, not...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What assets would be valuable in a post-apocalyptic scenario? ### Answer: Bullets, canned goods, and farm supplies that don't need gas (e.g. seed, feed, plows). ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What assets would be valuable in a post-apocalyptic scenario? ### Answer: This is a long term investment but can be very useful during tough times. Be prepared not only to take but to give as well. Mo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What assets would be valuable in a post-apocalyptic scenario? ### Answer: I find these type of questions silly, but I'll bite: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What assets would be valuable in a post-apocalyptic scenario? ### Answer: Guns. Without them, any other conceivable asset would be taken from you. By someone with guns. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What assets would be valuable in a post-apocalyptic scenario? ### Answer: A book on the power of persuasion. The people will need you to lead them to the glory land like the Deacon* from Waterworld *D...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What assets would be valuable in a post-apocalyptic scenario? ### Answer: Apocalyptic like MAD MAX, huh? Well, no one so far has mentioned Gasoline, not paper gasoline futures but the real thing in ba...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What assets would be valuable in a post-apocalyptic scenario? ### Answer: Barton Biggs's book Wealth, War and Wisdom aims to answer the question of what investments are best-suited to preserving value...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What assets would be valuable in a post-apocalyptic scenario? ### Answer: Assuming that the financial system broke down, not enough supply of essential commodities or food but there is political and a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would the effects of an anticipated default by a nation be mostly symbolic? ### Answer: It will affect Greeks as any bankruptcy affects the bankrupt. They already started reducing their welfare polici...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would the effects of an anticipated default by a nation be mostly symbolic? ### Answer: It's only symbolic if things continue as if nothing had happened. Once large segments of people start becoming ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Balance Sheets: How a company can save money for further investments ### Answer: A company CAN hold on to money. This is called retained earnings. Not all money is due back to the owners (i.e. stoc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Economics Books ### Answer: i'm absolutely a newcomer in economics and i wish to understand how things work around finance. This is a pretty loaded question. To understand finance, you need the basic...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Economics Books ### Answer: Economics without math is a tall order, since it seems that one of the things economists love to do is try and reduce everything down to mathematical formulas. OTOH you a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Economics Books ### Answer: I followed Economics by Michael Parkin for my college level course. It does not involve very complicated mathematics (beyond simple arithmetic and interpreting plots/chart...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Economics Books ### Answer: The free Yale Course taught by Bob Shiller called Financial Markets is really good. Find it on youtube, iTunes U, academic earth, or yale's site. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Cannot get a mortgage because I work through a recruiter ### Answer: To a mortgage lender, it appears that you have a temporary contract (perhaps extending for nine more months) with a agency that sup...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Cannot get a mortgage because I work through a recruiter ### Answer: As a follow-up, I was able to find a bank that gave me a loan. I just called several banks listed on Yelp, and one ended up working...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Cannot get a mortgage because I work through a recruiter ### Answer: They are looking at your work history to see that you have maintained a similar level of income for a period of time, and that you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Cannot get a mortgage because I work through a recruiter ### Answer: I think you are running into multiple problems here: All these together look like a high risk to a bank, especially right now with ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Cannot get a mortgage because I work through a recruiter ### Answer: Some options: See if the seller will sell to you on Contract. With a significant down payment the seller may be willing to sell yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some signs that the stock market might crash? ### Answer: Although it is impossible to predict the next stock market crash, what are some signs or measures that indicate the economy is uns...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some signs that the stock market might crash? ### Answer: There are some economic signs as there are in all economic and business cycles, such as interest rates rising. However, a more effec...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the world - in aggregate - generate a non-zero return? ### Answer: I think you'll find some sound answers here: Money Creation in the Modern Economy by the Bank of England Where does money c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the world - in aggregate - generate a non-zero return? ### Answer: It appears that you have bought into the Communist lie. Milton Friedman lats it all out so well. No transaction ever occur...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Closing a credit card with an annual fee without hurting credit score? ### Answer: The two factors that will hurt you the most is the age of the credit account, and your available credit to debt ratio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best way to save money from inflation and currency devaluation? ### Answer: Devaluation is a relative term, so if you want to protect yourself against devaluation of your currency against ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best way to save money from inflation and currency devaluation? ### Answer: Generally speaking, so-called "hard assets" (namely gold or foreign currency), durable goods, or property that p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Alternative means of salary for my employees ### Answer: You can't   Your problem is that no one will value you new currency call it bytecoin. People will ask why is the bytecoin worth anything and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Alternative means of salary for my employees ### Answer: There are several local currency initiatives in the US list here. Most are attempts to normalize a value as a living wage, or encourage local...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I buy government bonds from foreign countries? ### Answer: Significantly less effort to buy into any of several international bond index funds. Off the top of my head, VTIBX. ###end