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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 401k compound interest vs other compound interest ### Answer: A 401K (pre-tax or Roth) account or an IRA (Deductible or Roth) account is a retirement account. Which means you delay paying taxes now on...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 401k compound interest vs other compound interest ### Answer: Growth in a 401k dodges taxes, which means more of the gains get reinvested. Effectively, it's a boosted return rate. Like any investment,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 401k compound interest vs other compound interest ### Answer: 1a. It isn't. Compound interest is compound interest. It works no different within a 401(k). 1b. Yes. 401(k)'s are made up of the same und...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When is it worth it to buy dividend-bearing stocks? ### Answer: Yes, they are, and you've experienced why. Generally speaking, stocks that pay dividends will be better investments than stocks that don...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When is it worth it to buy dividend-bearing stocks? ### Answer: You should never invest in a stock just for the dividend. Dividends are not guaranteed. I have seen some companies that are paying close...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are my options for paying off the large balance of my federal, high interest student loans? ### Answer: As someone with a lot of student loan debt, I can relate - the first thing you should do is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any chance for a layperson to gain from stock exchange? [duplicate] ### Answer: Currencies are a zero-sum game. If you make money, someone else will lose it. Because bank notes sitting in a p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any chance for a layperson to gain from stock exchange? [duplicate] ### Answer: It depends what you mean by 'gain'. Over long period of times the market increases so using a blind monkey with...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any chance for a layperson to gain from stock exchange? [duplicate] ### Answer: No. As long as you are sensible, an average person can make money on the stock market. A number of my investmen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to compare the value of a Masters to the cost? ### Answer: I wasn't 100% on which columns of the scale you were referring to, but think I captured the correct ones in this comparison, using the sc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to compare the value of a Masters to the cost? ### Answer: I am a bit unsure of why the interest rate is relevant. Are you intending on borrowing the money to go to school? If you cannot pay cas...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to compare the value of a Masters to the cost? ### Answer: Just looking at your question I can tell it's not worth it financially, even if you didn't borrow the money to do it. At your current rat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to invest my British pound salary ### Answer: The London Stock Exchange offers a wealth of exchange traded products whose variety matches those offered in the US. Here is a link to a list of exch...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: company market capitalization to total (annual) stock market capitalization ### Answer: This depends. Quite a few stock exchanges / country report total capitalisation in terms of free float. I.E tot...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: company market capitalization to total (annual) stock market capitalization ### Answer: Market cap is speculative value, M = P * W, where W is stock (or other way of owning) percentage of ownership, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My bank wants to lower my credit limit on my credit card. Will this impact me negatively? ### Answer: No, it will have no negative impact on getting a mortgage. You are building up a history with regu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My bank wants to lower my credit limit on my credit card. Will this impact me negatively? ### Answer: Will having a lower credit limit, which I will still never reach, negatively impact my ability to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should my finances look like at 18? ### Answer: Assume you will need to retire with a few million in the bank to maintain an average lifestyle. I had an analysis done for me (at 33) that shows m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should my finances look like at 18? ### Answer: To buy a house, you need: At least 2 years tax returns (shows a steady income history; even if you're making 50k right now, you probably weren't wh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should my finances look like at 18? ### Answer: If you're making big money at 18, you should be saving every penny you can in tax-advantaged retirement accounts. (If your employer offers it, see ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should my finances look like at 18? ### Answer: The golden rule is "Pay yourself first." This means that you should have some form of savings plan set up, preferably a monthly automatic withdrawa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What should my finances look like at 18? ### Answer: I was in a similar situation at age 18/19, but not making quite as much money. I maxed out an IRA and bought savings bonds, although rates were dec...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does anyone offer no interest loans? ### Answer: Such loans are of course possible. They exist because the lender gains something other than interest from them: What would happen to the economy if the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does anyone offer no interest loans? ### Answer: This is very much possible and happens quite a lot. In the US, for example, promotional offers by credit card companies where you pay no interest on th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ray Dalio - All Weather Portfolio ### Answer: Making these difficult portfolio decisions for you is the point of Target-Date Retirement Funds. You pick a date at which you're going to start needing t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ray Dalio - All Weather Portfolio ### Answer: Here are the specific Vanguard index funds and ETF's I use to mimic Ray Dalio's all weather portfolio for my taxable investment savings. I invest into thi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I evaluate risk exposure to my U.K. bank in light of the possible collapse of the Euro or Eurozone economies? ### Answer: You could evaluate the risk exposure of your UK bank reading this post ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Relation between inflation rates and interest rates ### Answer: Possibly but not necessarily, though that can happen if one looks at the US interest rates in the late 1970s which did end with really h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Relation between inflation rates and interest rates ### Answer: When the inflation rate increases, this tends to push up interest rates because of supply and demand: If the interest rate is less than ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Relation between inflation rates and interest rates ### Answer: I haven't read the terms here but the question may not have a good answer. That won't stop me from trying. Call the real rate (intere...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Relation between inflation rates and interest rates ### Answer: Is it true that due the to the increase in interest rates that inflation is likely to increase as well? It is typically the reverse wher...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a measure that uses both cost of living plus income? ### Answer: The key term you're looking for is "purchasing power parity", which considers the local prices of goods and services when maki...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a measure that uses both cost of living plus income? ### Answer: But what if I am getting paid salary from a source in India? In other words, it may be that in India a research assistant at a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to fill the IRS Offer In Compromise with an underwater asset? ### Answer: You're supposed to be filling form 433-A. Vehicles are on line 18. You will fill there the current fair value of the car a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to fill the IRS Offer In Compromise with an underwater asset? ### Answer: If you have both consumer debt and IRS debt, you can file Chapter 7 bankruptcy to get rid of all of it. The trick is your ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What will be the capital gains tax after we sell a rental home? ### Answer: This will be a complex issue and you will need to sit down with a professional to work through the issues: When the house wa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you explain the mechanism of money inflation? ### Answer: The mechanism of supply and demand is imperfect. Producers don't know exactly how many purchasers/consumers for a good there are. Some g...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you explain the mechanism of money inflation? ### Answer: Assuming constant velocity, inflation is caused by the difference between the growth in the money supply and growth in real output. In oth...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you explain the mechanism of money inflation? ### Answer: In simple terms, inflation is a result of too much money chasing too few goods, i.e. there is an imbalance between demand and supply. The ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you explain the mechanism of money inflation? ### Answer: I don't think this can be explained in too simple a manner, but I'll try to keep it simple, organized, and concise. We need to start with ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you explain the mechanism of money inflation? ### Answer: Your question asks about the mechanism of money inflation - not price inflation. Money inflation occurs when new money is introduced into...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you explain the mechanism of money inflation? ### Answer: An economy produces goods and services and people use money to pay for those goods and services. Money has value because people believe t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to evaluate investment risk in practical terms ### Answer: Generally investing in index-tracking funds in the long term poses relatively low risk (compared to "short term investment", aka speculat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the most common and profitable investment for a good retirement in Australia? ### Answer: In Australia anyone thinking about retirement should be concentrating on superannuation. Contribution ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the most common and profitable investment for a good retirement in Australia? ### Answer: I don't look to Super or Pension, I am working on self funding. My method is work in Sydney and buy a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I invest in emerging markets ### Answer: Morningstar is often considered a trusted industry standard when it comes to rating mutual funds and ETFs. They offer the same data-centric information...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I consolidate loans and cards, or just cards, leaving multiple loans? ### Answer: My answer is similar to Ben Miller's, but let me make some slightly different points: There is one excellent re...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I consolidate loans and cards, or just cards, leaving multiple loans? ### Answer: First of all, congratulations on admitting your problem and on your determination to be debt-free. Recognizing...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What kind of value do retail investors look for in managed futures and fx? ### Answer: I'm not downvoting you because I can relate, in a way, to your post and I think this is a good topic to have on t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the BA Avios Visa airlines rewards card worth it? ### Answer: I am a proud member of the BA frequent fliers' club (Executive Club). Their service is superb. Their avios (aka miles) are quite useful...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Question about protecting yourself from company not beating earning eastimate ### Answer: The best thing to do to avoid this is not to sell as you've described. What purpose does it solve? If you're s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I consider my investment in a total stock market fund “diverse”? ### Answer: You are diversified within a particular type of security. Notably the stock market. A truly diversified portfolio no...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I consider my investment in a total stock market fund “diverse”? ### Answer: Typically investing in only two securities is not a good idea when trying to spread risk. Even though you are in the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is an interest-only mortgage a bad idea? ### Answer: Really the question you need to ask yourself is how much Risk you want to take in order to save a little on interest for 5 years. Rates are pretty ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is an interest-only mortgage a bad idea? ### Answer: Generally, interest-only mortgages are a bad idea, because a lot of people get them so that they can buy more house than they could otherwise affor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is an interest-only mortgage a bad idea? ### Answer: If you took a fixed loan, but paid it off at the accelerated rate, you would ultimately pay less total dollars in interest. So compare the actual a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is an interest-only mortgage a bad idea? ### Answer: Normally interest only mortgages are taken incase one planning to sell off the property after a few years and purchase of the property is for inves...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is an interest-only mortgage a bad idea? ### Answer: It's an interesting question, and one that has a few tentacles. A few thoughts come to mind: There's nothing wrong per se with these arrangements. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is an interest-only mortgage a bad idea? ### Answer: It seems you understand the risks, it seems like a fine enough idea. Hopefully it works out for you. However, you may want to talk to a few local ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using stable short-term, tax-free municipal bond funds to beat the bank? ### Answer: Banks' savings interest is ridiculous, has always been, compared to other investment options. But there's a reason ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using stable short-term, tax-free municipal bond funds to beat the bank? ### Answer: If your main goal is to avoid taxes, municipal bonds are a good strategy, it's not the best way to make more than 1...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Learning stock trading financing etc for someone from mathematical background [duplicate] ### Answer: Security Analysis(very difficult for beginners )& Intelligent Investor by Benjamin Graham. All abo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where should I be investing my money? ### Answer: Pay off your debt. As you witnessed, no "investment" % is guaranteed. But your debt payments are... so if you have cash, the best way to "invest" it...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where should I be investing my money? ### Answer: Don't be too scared of investing in the market. It has ups and downs, but over the long haul you make money in it. You can't jump in and out, just c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is UK house price spiral connected to debt based monetary system? ### Answer: There are a few factors at work here, supply and demand being the main one. The Office for National Statistics has some g...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is UK house price spiral connected to debt based monetary system? ### Answer: No. Rural Scotland has exactly the same monetary system, and not the same bubble. Monaco (the other example given) doesn'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it unreasonable to double your investment year over year? ### Answer: Yes, it is unreasonable and unsustainable. We all want returns in excess of 15% but even the best and richest investors do not ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it unreasonable to double your investment year over year? ### Answer: Yes, because you cannot have an exponential growth rate that is faster than the rate at which the economy grows on the long ter...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it unreasonable to double your investment year over year? ### Answer: Wealth gained hastily will dwindle but whoever gathers little by little will increase it. Proverbs 13:11 (ESV) Put another way...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it unreasonable to double your investment year over year? ### Answer: One thing I like to do every once in a while is look at the day's market movers. It's a list of symbols that had huge movement....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it unreasonable to double your investment year over year? ### Answer: It is not unheard of. Celebrity investors such as Warren Buffet and Carl Icahn gained notoriety by more than doubling investmen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it unreasonable to double your investment year over year? ### Answer: Nobody has consistently doubled their investment year after year, not even the "greats" like George Soros and Warren Buffett. M...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it unreasonable to double your investment year over year? ### Answer: Yes. The definition of unreasonable shows as "not guided by or based on good sense." 100% years require a high risk. Can your o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it unreasonable to double your investment year over year? ### Answer: Not at all impossible. What you need is Fundamental Analysis and Relationship with your investment. If you are just buying shar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it unreasonable to double your investment year over year? ### Answer: I know it may not last longer but i was able to 2.5x my wealth over last 2 years.(2016, 2017 cont) I was successfully able to c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are “headwinds” and “tailwinds” in financial investments? ### Answer: The term "tailwinds" describes some condition or situation that will help move growth higher. For example, falling gas prices...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are “headwinds” and “tailwinds” in financial investments? ### Answer: Headwinds in an economic situation represent events or conditions e.g. a credit crisis, rising costs, natural disasters, etc,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why certain currencies are considered safe havens in times of turmoil ### Answer: It's a combination of neutrality, economic power, economic freedom, a history of stability, and tradition. In the case...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why certain currencies are considered safe havens in times of turmoil ### Answer: Switzerland is presumably where one moves the money in case of an apocalypse; although, they have lost some of that ap...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a financial product that allows speculation on GDP? ### Answer: The closest thing that you are looking for would be FOREX exchanges. Currency value is affected by the relative growth of econo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't the Fed lower interest rates below zero? ### Answer: Because giving someone a loan and paying them to take it isn't a loan anymore. I'll grant you, some of the treasury bill auctions did sl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't the Fed lower interest rates below zero? ### Answer: Keep in mind that the Federal Reserve Chairman needs to be very careful with his use of words. Here's what he said: It is arguable that ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't the Fed lower interest rates below zero? ### Answer: If the Federal Reserve were to pay banks to hold money, they would need to get the money from somewhere to do so. They would have three ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why can't the Fed lower interest rates below zero? ### Answer: Why can't the Fed simply bid more than the bond's maturity value to lower interest rates below zero? The FED could do this but then it wo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does it matter if a Central Bank has a negative rather than 0% interest rate? ### Answer: That is kind of the point, one of the hopes is that it incentivizes banks to stop storing money and start...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to invest for the event of a US default? ### Answer: If the US economy crashes at all suddenly, the global economy goes with it. In that case, yes, the postapocalyptic scenarios may be the best a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to invest for the event of a US default? ### Answer: Lots of opportunities during threats to US debt demand. Most just involve being short the S&P or long the VIX (or short treasury bond futures,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why doesn't Japan just divide the Yen by 100? ### Answer: I think the tradition within the country would outweigh any convenience it would have for the rest of the world. The US hasn't even been abl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why doesn't Japan just divide the Yen by 100? ### Answer: So their programmers don't have to deal with floating point arithmetic. This is why they're so far ahead in technology! ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why doesn't Japan just divide the Yen by 100? ### Answer: Currently, there is simply no reason to do so. It's not a problem. It is no more of a problem or effort to denote "5,000" than it is to denot...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why doesn't Japan just divide the Yen by 100? ### Answer: Think about moving the decimal point in a bunch of accounting software and price stickers. Think about getting confused, "is that price in ol...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why doesn't Japan just divide the Yen by 100? ### Answer: Another possibly significant issue, is that the number ten thousand is very important in the Japanese language. In Japanese, you count in on...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why doesn't Japan just divide the Yen by 100? ### Answer: A Yen is like a penny. Buy a chocolate bar 100¥ or £1.00. Should the UK get rid of pennies and only price things to the pound? ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why doesn't Japan just divide the Yen by 100? ### Answer: What benefit vs. what cost? Benefit - none that I can think of. Cost - massive. Every system that handles money would need to re-value overni...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why doesn't Japan just divide the Yen by 100? ### Answer: Some answers already informed about denomination. There are currencies, doing the cut off of two digits, for example the french franc. See ht...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a country want to use the currency of some other country? ### Answer: This is more of an economics question than personal finance. That said, I already started writing an answer before I no...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it sensible to keep savings in a foreign currency? ### Answer: Given that we live in a world rife with geopolitical risks such as Brexit and potential EU breakup, would you say it's advisable to ke...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it sensible to keep savings in a foreign currency? ### Answer: would you say it's advisable to keep some of cash savings in a foreign currency? This is primarily opinion based. Given that we live ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it sensible to keep savings in a foreign currency? ### Answer: I don't think that it's a good idea to have cash savings in different currencies, unless you know which will be the direction of the w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it sensible to keep savings in a foreign currency? ### Answer: Is it sensible to keep savings in a foreign currency? The answer varies from one country to the next, but in the UK (or any other matu...