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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why could the serious financial woes of some EU member states lead to the end of the Euro? ### Answer: The Euro is a common currency between various countries in Europe. This means that individual co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What expenses do most people not prepare for that turn into “emergencies” but are not covered by an Emergency Fund? ### Answer: Here's a few. Is this what you're looking for? Also this should probably...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What expenses do most people not prepare for that turn into “emergencies” but are not covered by an Emergency Fund? ### Answer: Some things are nearly universal, and have been mentioned already. My "...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What expenses do most people not prepare for that turn into “emergencies” but are not covered by an Emergency Fund? ### Answer: Annual property tax and home insurance come to mind as things that are e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What expenses do most people not prepare for that turn into “emergencies” but are not covered by an Emergency Fund? ### Answer: The way you ask this is interesting, it implies (quite correctly) that f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What expenses do most people not prepare for that turn into “emergencies” but are not covered by an Emergency Fund? ### Answer: insurance premiums My annual car premium always caught me off guard unt...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What expenses do most people not prepare for that turn into “emergencies” but are not covered by an Emergency Fund? ### Answer: Extended illness/disability that prevents you from being able to work. E...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What expenses do most people not prepare for that turn into “emergencies” but are not covered by an Emergency Fund? ### Answer: While it is true that homeowners insurance will cover emergencies, it is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What expenses do most people not prepare for that turn into “emergencies” but are not covered by an Emergency Fund? ### Answer: The most obvious one these days is unexpected and extended unemployment....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: World Indexes - Variance between representation of a country's stocks and the country's proportion of world GDP ### Answer: Stock market indexes are generally based on market capitalization, which is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is the stock market rising after Trump's attack on the TPP? ### Answer: Everything is worth what its purchaser will pay for it - Publilius Syrus It could be that, despite predictions from experts...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is best investment which is full recession proof? ### Answer: Can anyone suggest all type of investments in India which are recession proof? There are no such investments. Quite a few think bull...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is best investment which is full recession proof? ### Answer: I don't think there is a recession proof investment.Every investment is bound to their ups and downs. If you buy land, a change in ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Effect of Quantitative Easing on Price of Bonds ### Answer: The classic definition of inflation is "too much money chasing too few goods." Low rates and QE were intended to help revive a stalled econo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Effect of Quantitative Easing on Price of Bonds ### Answer: QE is artificial demand for bonds, but as always when there are more buyers than sellers the price of anything goes up. When QE ends the pri...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If gold's price implodes then what goes up? ### Answer: Ok, I think what you're really asking is "how can I benefit from a collapse in the price of gold?" :-) And that's easy. (The hard part's making...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If gold's price implodes then what goes up? ### Answer: It's not clear that anything needs to go up if gold goes down. In a bubble, asset prices can just collapse, without some other asset increasing ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If gold's price implodes then what goes up? ### Answer: Nothing necessarily has to "benefit." Right now, what primarily drives demand for gold is its perceived use as a hedge against the inflation of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If gold's price implodes then what goes up? ### Answer: It seems that you're interested in an asset which you can hold that would go up when the gold price went down. It seems like a good place to sta...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Query regarding international transaction between governments ### Answer: $USD, electronic or otherwise, are not created/destroyed during international transactions. If India wants to buy an F-16s, a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Query regarding international transaction between governments ### Answer: Buyer A didn't send money to the US government, Buyer A sent money to Seller B, a US resident. I think the most common way t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Query regarding international transaction between governments ### Answer: For the US government, they've just credited Person B with a Million USD and haven't gained anything (afterall, those digits ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mortgage sold to yet another servicer. What are my options? ### Answer: Are my mortgage terms locked in? Who oversees this? Yes your terms like rate, balance, penalties, due dates, are all covered in ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mortgage sold to yet another servicer. What are my options? ### Answer: Your mortgage terms are locked in; the servicer/new owner cannot change the terms without your consent, but the servicer can be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mortgage sold to yet another servicer. What are my options? ### Answer: You would need to check the original mortgage papers you signed with the originators. Chances are you agreed to allow the mortg...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to make money from a downward European market? ### Answer: If you want to make money while European equities markets are crashing and the Euro itself is devaluing: None of these strategies are to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to make money from a downward European market? ### Answer: Not a day goes by that someone isn't forecasting a collapse or meteoric rise. Have you read Ravi Batra's The Great Depression of 1990? Th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to make money from a downward European market? ### Answer: What you do is you create an infomercial where you sell a booklet about junk investments that you are absolutely certian may survive an e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to make money from a downward European market? ### Answer: Invest in solid companies, not in esoteric products built on sand. The problem is with finance, not with real economy: oil companies make...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to make money from a downward European market? ### Answer: Trying to make money on something going down is inherently more complicated, risky and speculative than making money on it going up. Sel...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to make money from a downward European market? ### Answer: If you are interested in short term trading and live in the UK you can do some Spread Betting. If you know what you are doing you can mak...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to make money from a downward European market? ### Answer: The best way to make money on a downward market is to buy at the bottom, sell at the top. Lather, rinse, repeat. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the price of oil influence the value of currency? ### Answer: From an investor's standpoint, if the value of crude oil increases, economies that are oil dependent become more favourable (oil ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the price of oil influence the value of currency? ### Answer: Because we need energy in the form of oil. If more of our money is spent on oil, there is less money to spend on other items esp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Considering buying a house in town with few major employers (economic stability) ### Answer: It seems pretty clear to me that one of two things will happen regarding your local housing market: Persona...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Considering buying a house in town with few major employers (economic stability) ### Answer: BLUF: Continue renting, and work toward financial independence, you can always buy later if your situation...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How and why does the exchange rate of a currency change almost everyday? ### Answer: It's simply supply and demand. First, demand: If you're an importer trying to buy from overseas, you'll need fore...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How and why does the exchange rate of a currency change almost everyday? ### Answer: The basic idea is that money's worth is dependent on what it can be used to buy. The principal driver of monetary e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How and why does the exchange rate of a currency change almost everyday? ### Answer: Money is money because people believe it is money. By "believe it is money", I mean that they expect they will be a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When will the U.K. convert to the Euro as an official currency? ### Answer: I read an account of why the U.K. didn't end up with the euro as its currency in David M. Smick's great book The World Is Cu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When will the U.K. convert to the Euro as an official currency? ### Answer: Not anytime soon, I suspect, but not necessarily for financial reasons. I found this interesting, including the link to the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When will the U.K. convert to the Euro as an official currency? ### Answer: When economies are strong, it is particularly alluring to have a single currency as it makes trade and tourism simpler and h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When will the U.K. convert to the Euro as an official currency? ### Answer: I can't see it happening because most of the population seems to be against it, even if their reasoning on the whole is wron...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When will the U.K. convert to the Euro as an official currency? ### Answer: A lot of smaller (and/or weaker) countries did not have much choice when Germany and France decided to rename the German Mar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When will the U.K. convert to the Euro as an official currency? ### Answer: In many countries in Europe the prices shot through the roof, so it is not all positive. Also the switching country gives ou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: The U.S. National Debt: What is it, where did it come from, and how does it work? ### Answer: nan ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: The U.S. National Debt: What is it, where did it come from, and how does it work? ### Answer: It is measured in US dollars. The US cannot just print the money because that would cause inflation. Rem...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: The U.S. National Debt: What is it, where did it come from, and how does it work? ### Answer: For political reasons, almost all governments (including the US) spend more money than they get from taxes...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does an x% inflation rate actually mean? ### Answer: Let's say there's a product worth $10 in July and the inflation rate in August is 10%. Will it then cost $11 in August? Yes. That's basically...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does an x% inflation rate actually mean? ### Answer: As pointe out by @quid, inflation figures are almost always quoted as a comparison of prices last month, and prices a year ago last month. So...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does an x% inflation rate actually mean? ### Answer: Individual product prices do not necessarily rise at inflation rates. What inflation means is that the purchasing power of one unit of curren...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does an x% inflation rate actually mean? ### Answer: Inflation is an attempt to measure how much less money is worth. It is a weighted average of some bundle of goods and services price's increas...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does an x% inflation rate actually mean? ### Answer: Inflation is a reflection on the expansion of the money supply, aka debt, being created by a central bank. Fiat currencies usually inflate, b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What variety of hedges are there against index funds of U.S. based stocks? ### Answer: The only way to hedge a position is to take on a countervailing position with a higher multiplier as any counter ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What variety of hedges are there against index funds of U.S. based stocks? ### Answer: Even though "when the U.S. sneezes Canada catches a cold", I would suggest considering a look at Canadian governm...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why doesn't the emerging markets index reflect GDP growth? ### Answer: GDP being a measurement for an economy's growth and with the stock market being driven (mostly) by company profits you would expe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do 10 year Treasury bond yields affect mortgage interest rates? ### Answer: You’ve really got three or four questions going here… and it’s clear that a gap in understanding one component of how bo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do 10 year Treasury bond yields affect mortgage interest rates? ### Answer: The yield on treasury bond indicates the amount of money anyone at can make at virtually zero risk. So lets say banks ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do 10 year Treasury bond yields affect mortgage interest rates? ### Answer: yield on a Treasury bond increases This primarily happens when the government increases interest rates or there is too m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do 10 year Treasury bond yields affect mortgage interest rates? ### Answer: The simple answer is that, even though mortgages can go for 10, 15, 20 and 30 year terms in the U.S., they're typically ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do 10 year Treasury bond yields affect mortgage interest rates? ### Answer: Different bonds (and securitized mortgages are bonds) that have similar average lives tend to have similar yields (or at...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If banks offer a fixed rate lower than the variable rate, is that an indication interest rates may head down? ### Answer: This is known as an inverted yield curve. It is rare, and can be caused by a f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If banks offer a fixed rate lower than the variable rate, is that an indication interest rates may head down? ### Answer: Usually that is the case that when fixed rates are lower than the variable rat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What governs the shape of price history graphs? ### Answer: Let me see if I can restate your question: are speculative investments more volatile (subject to greater spikes and drops in pricing) than a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What governs the shape of price history graphs? ### Answer: I agree with @Turukawa that the x-axes need to be the same to make a direct comparison. However, the graphs you linked make me think of int...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What governs the shape of price history graphs? ### Answer: Dividend-paying securities generally have predictable cash flows. A telecom, electric or gas utility is a great example. They collect a fair...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What will be the long term impact of the newly defined minimum exchange rate target from francs to euro? ### Answer: The total size of the eurozone economy is $13 trillion, whereas Switzerland'd GDP i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What will be the long term impact of the newly defined minimum exchange rate target from francs to euro? ### Answer: The idea behind this move is to avoid or mitigate long-term deflationary pressure a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What will be the long term impact of the newly defined minimum exchange rate target from francs to euro? ### Answer: The Swiss franc has appreciated quite a bit recently against the Euro as the Europe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Emerging markets index fund (VDMIX) for an inexperienced investor ### Answer: In this environment, I don't think that it is advisable to buy a broad emerging market fund. Why? "Emerging market" is to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a central bank or country not want their currency to appreciate against other currencies? ### Answer: I wrote about the dynamic of why either of a lower or higher exchange rate would be good...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would a central bank or country not want their currency to appreciate against other currencies? ### Answer: It would essentially make goods from other countries more cheaper than goods from US. An...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does money value normally decrease? ### Answer: Your house doesn't need to multiply in order to earn a return. Your house can provide shelter. That is not money, but is an economic good and can al...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does money value normally decrease? ### Answer: You expect interest because you forgo the opportunity of using the money as well as the risk of losing the money if the borrower can not pay you bac...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does money value normally decrease? ### Answer: You get paid interest on deposits because banks only keep a fraction of the deposits on-hand. The rest is put to other uses, such as loaning money t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does money value normally decrease? ### Answer: The reason is governments print extra money to cause inflation (hopefully reasonable) so that people don't just sit comfortably but do something to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does money value normally decrease? ### Answer: It is in circles. Today Money is fiat money. From economic stand point a moderate inflation is good. It there is near zero inflation or deflation, t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does money value normally decrease? ### Answer: Currently, the quantity theory of money is widely accepted as an accurate model of inflation in the long run. Consequently, there is now broad agree...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros & cons in Hungary of investing retirement savings exclusively in silver? What better alternatives, given my concerns? ### Answer: To be honest, I think a lot of people on this site are doing you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros & cons in Hungary of investing retirement savings exclusively in silver? What better alternatives, given my concerns? ### Answer: This sound like a very bad idea. If you invest exclusively in sil...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros & cons in Hungary of investing retirement savings exclusively in silver? What better alternatives, given my concerns? ### Answer: I think precious metals as an investment might set one up for dis...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros & cons in Hungary of investing retirement savings exclusively in silver? What better alternatives, given my concerns? ### Answer: First is storage which is a big and a detrimental headache. Secur...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros & cons in Hungary of investing retirement savings exclusively in silver? What better alternatives, given my concerns? ### Answer: The points given by DumbCoder are very valid. Diversifying portfo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros & cons in Hungary of investing retirement savings exclusively in silver? What better alternatives, given my concerns? ### Answer: Because most of the posters have disparaged the pursuit of silver...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros & cons in Hungary of investing retirement savings exclusively in silver? What better alternatives, given my concerns? ### Answer: Like Jeremy T said above, silver is a value store and is to be us...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the currency between countries relate ### Answer: Firstly currency prices, like any asset, depend on supply and demand. Meaning how many people want to exchange a currency to another one vs. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the currency between countries relate ### Answer: It's called correlation. I found this: http://www.forexrazor.com/en-us/school/tabid/426/ID/437424/currency-pair-correlations it looks a good ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What do “cake and underwear” stocks refer to? ### Answer: JoeTaxpayer's answer is dead on... but let me give my own two cents with a little bit of math. Otherwise, I personally find that people talkin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What do “cake and underwear” stocks refer to? ### Answer: There are some euphemisms that are better known than others. A category of stocks that's suitable for "widows and orphans" would be stocks tha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What do “cake and underwear” stocks refer to? ### Answer: I interpret that to mean "vice" stocks and necessities. "Cake" may just be a nicer way of saying "sin" (see The Virtues of Vice Stocks) and i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are personal finance / money management classes taught in high school, anywhere? ### Answer: In Houston, Texas USA where I went to a private high school they had a half-semester class in personal fina...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are personal finance / money management classes taught in high school, anywhere? ### Answer: Did a little bit of digging, and found this article, from Staples High School in Westport, Connecticut. Ho...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are personal finance / money management classes taught in high school, anywhere? ### Answer: It's not a full credit course but part time comic James Cunningham has speaking tour that promotes personal...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are personal finance / money management classes taught in high school, anywhere? ### Answer: In the UK there is a School Rewards System used in many schools to teach kids and teens about finance and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are personal finance / money management classes taught in high school, anywhere? ### Answer: We had a "civics" class when I was a freshman in high school. This was in the Ann Arbor, MI public schools....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a good rule of thumb for how much I should have set aside as emergency cash? ### Answer: If you are still paying off debt, then you should have about $1000 in savings and put all you can towa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a good rule of thumb for how much I should have set aside as emergency cash? ### Answer: We aim to keep 6 months of expenses. The rationale is that its enough time to recover from most seriou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a good rule of thumb for how much I should have set aside as emergency cash? ### Answer: While I certainly agree with the principle of paying down debt, there is some value in having a health...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a good rule of thumb for how much I should have set aside as emergency cash? ### Answer: I think this varies considerably depending on your situation. I've heard people say 6 month's living ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a good rule of thumb for how much I should have set aside as emergency cash? ### Answer: Since it's not tagged united-states, I'd like to offer a more general advice. Your emergency fund shou...