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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a good size distribution for buying gold? ### Answer: Diversification is an important aspect of precious metals investing. Therefore I would suggest diversifying in a number of different ways...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a good size distribution for buying gold? ### Answer: Look at a broader diversification. Something like: For physical gold, I'd look at a mix of gold coins and bullion. Study the pricing model...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a good size distribution for buying gold? ### Answer: If the "crash" you worry about is a dissolution of the euro, then the main thing you should concern yourself with is liquidity. For that,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a good size distribution for buying gold? ### Answer: You are really tangling up two questions here: Q1: Given I fear a dissolution of the Euro, is buying physical gold a good response and if ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Trading large volumes with penny profits per share ### Answer: How do you know the shares will go up after you buy? The ultimate risk in your scenario is that you buy at a peak, and then that peak is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Trading large volumes with penny profits per share ### Answer: Currently my online savings account pays an interest rate of 1.25%. With 100K, I can earn about $104 per month in that account. No risk...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the stock market a zero-sum game? ### Answer: No, the stock market and investing in general is not a zero sum game. Some types of trades are zero sum because of the nature of the trade. But som...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the stock market a zero-sum game? ### Answer: Would you mind adding where that additional value comes from, if not from the losses of other investors? You asked this in a comment, but it seems to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the stock market a zero-sum game? ### Answer: No. Share are equity in companies that usually have revenue streams and/or potential for creating them. That revenue can be used to pay out dividends ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the stock market a zero-sum game? ### Answer: While this seems overall a macroeconomics question and not really personal finance, let me give it a shot: The question of why corporations form in a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the stock market a zero-sum game? ### Answer: Suppose everybody stopped all economic activity right now. No more work for others, no payments, no trade in kind or otherwise. Would average wealth s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is inflation? ### Answer: Inflation is basically this: Over time, prices go up! I will now address the 3 points you have listed. Suppose over a period of 10 years, prices have doubled. Now supp...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is inflation? ### Answer: When we speak about a product or service, we generally refer to its value. Currency, while neither a product or service, has its own value. As the value of currency goes...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is inflation? ### Answer: Inflation refers to the money supply. Think of all money being air in a balloon. Inflation is what happens when you blow more air in the balloon. Deflation is what happe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is inflation? ### Answer: Money itself has no value. A gold bar is worth (fuzzy rushed math, could be totally wrong on this example figure) $423,768.67. So, a 1000 dollars, while worthless paper,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is inflation? ### Answer: I've seen a lot of long and complicated answers here so here is my simple and short answer: Let's say the economy consists of: 10 apples and 10$. Then an apple costs 1$....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 5/1 ARM: Lifetime cap, First Adjustment Cap, Margin, and Annual Cap? ### Answer: I hope this image is clear. A spreadsheet is how I look at these things. Unfortunately, you didn't offer the starting b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 5/1 ARM: Lifetime cap, First Adjustment Cap, Margin, and Annual Cap? ### Answer: You quote a rate (2.75%) and then quote a margin (1.75%). The margin is usually an addition to some base rate. How is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 5/1 ARM: Lifetime cap, First Adjustment Cap, Margin, and Annual Cap? ### Answer: Interest rates are at a record low and the government is printing money. You can get a fixed rate loan at a rate equal ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 5/1 ARM: Lifetime cap, First Adjustment Cap, Margin, and Annual Cap? ### Answer: If the base rate is USD LIBOR, you can compute this data directly on my website, which uses futures contracts and histo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Nanny taxes and payroll service ### Answer: For Federal Return, Schedule H and its Instructions are a great start. You are the nanny's employer, and are responsible for FICA (social security and medi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Nanny taxes and payroll service ### Answer: Whether to employ a payroll service to handle the taxes (and possibly the payroll itself) is a matter that depends on how savvy you are with respect to your...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Starting off as an investor ### Answer: You've asked eleven different questions here. Therefore, The first thing I'd recommend is this: Don't panic. Seek answers to your questions systematically, one...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What choices should I consider for investing money that I will need in two years? ### Answer: Never invest money you need in the short term. As already suggested, park your money in CDs. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What choices should I consider for investing money that I will need in two years? ### Answer: Books such as "The Pocket Idiot's Guide to Investing in Mutual Funds" claim that money market funds and CD...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What choices should I consider for investing money that I will need in two years? ### Answer: Are you going to South Africa or from? (Looking on your profile for this info.) If you're going to South ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What choices should I consider for investing money that I will need in two years? ### Answer: If you ever need the money in three years, imagine that today is 2006 and you need the money in 2009. Kee...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What choices should I consider for investing money that I will need in two years? ### Answer: Investing $100k into physical gold (bars or coins) is the most prudent option; given the state of economic...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does gold's value decrease over time due to the fact that it is being continuously mined? ### Answer: does it mean uncontrolled severe deflation/inflation is more likely to occur compared to "normal...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does gold's value decrease over time due to the fact that it is being continuously mined? ### Answer: As one can see here, the world population is growing. Assuming worldwide demand for gold is a func...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does gold's value decrease over time due to the fact that it is being continuously mined? ### Answer: Mining/discovery of gold can be inflationary -- the Spanish looting of Central America for a few h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does gold's value decrease over time due to the fact that it is being continuously mined? ### Answer: The relative value of Gold (or any other commodity) as measured against any given currency (such a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does gold's value decrease over time due to the fact that it is being continuously mined? ### Answer: Contrary to Muro's answer which strangely shows a graph of the Fed's balance sheet and not the mon...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does gold's value decrease over time due to the fact that it is being continuously mined? ### Answer: The previous answers have raised very good points, but I believe one facet of this has been neglec...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does gold's value decrease over time due to the fact that it is being continuously mined? ### Answer: Does gold's value decrease over time due to the fact that it is being continuously mined? Remember...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does gold's value decrease over time due to the fact that it is being continuously mined? ### Answer: There is another aspect too for the high prices of GOLD. After the current economical crisis peopl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does gold's value decrease over time due to the fact that it is being continuously mined? ### Answer: Like anything else, the price/value of gold is driven by supply and demand. Mining adds about 2% a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What argument(s) support the claim that long-term housing prices trend upward? ### Answer: Several people have mentioned the obvious: inflation. But let's assume we are talking about real (inflation ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What argument(s) support the claim that long-term housing prices trend upward? ### Answer: The Shiller data is inflation adjusted. In effect, a flat line means that long term, housing rises with infla...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What argument(s) support the claim that long-term housing prices trend upward? ### Answer: It is supported by inflation and historical values. if you look at real estate as well as the stock market th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is this investment opportunity problematic? ### Answer: It would have to be made as a "gift", and then the return would be a "gift" back to you, because you're not allowed to use a loan for a down pay...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is this investment opportunity problematic? ### Answer: Your Spidey senses are good. A good friend would not put you in such a position. It's simple, to skirt some issue (we'll get to that in a second...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is this investment opportunity problematic? ### Answer: If you can separate the following two points, and live with them. I think you are good to go ahead. Otherwise I would seriously recommend you to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is this investment opportunity problematic? ### Answer: Adding to what others have said, if the mortgage for the new house is backed by the federal government (e.g., through FHA or is to be sold to Fa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is this investment opportunity problematic? ### Answer: As an investment opportunity: NO. As a friendly assist with money you don't mind ever getting back, legal depending on amount. A few years back ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is this investment opportunity problematic? ### Answer: Every time I have loaned money to family members I have never gotten the money back. If they can't make the down payment, they should not be tak...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is this investment opportunity problematic? ### Answer: If they own the old house outright, they can mortgage it to you. In many jurisdictions this relieves you of the obligation to chase for payment,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is this investment opportunity problematic? ### Answer: it seems you have 3 concerns: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is this investment opportunity problematic? ### Answer: It would have to be made as a "gift", and then the return would be a "gift" back to you, because you're not allowed to use a loan for a down pay...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I hedge properly against inflation and other currency risks? ### Answer: I apply what you term 'money' to the word 'commodity'. And I agree with littleadv, you are just selling us your perspec...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does gold have value? ### Answer: Gold's value starts with the fact that its supply is steady and by nature it's durable. In other words, the amount of gold traded each year (The Supply and Demand...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does gold have value? ### Answer: Because people are willing to trade for it. People are willing to trade for Gold because: The value of gold goes up because the demand for it goes up, while the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does gold have value? ### Answer: A lot of people probably don't agree with him, but Warren Buffett has some great quotes on why he doesn't invest in gold: I will say this about gold. If you took ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does gold have value? ### Answer: I think the primary reason it is so pricey now is that it is an inflation hedge, and considering how shaky the economies and out of control the spending is in man...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does gold have value? ### Answer: Gold has value because for the most of the history of mankind's use of money, Gold and Silver have repeatedly been chosen by free markets as the best form of mone...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does gold have value? ### Answer: Everything is worth what its purchaser will pay for it. --Publilius Syrus. Gold has value because people want to buy it. Electronics manufacturers like the fact ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does gold have value? ### Answer: To start with gold has value because it is scarce, durable, attractive and can be made into jewellery. But that does not explain its current value. In the current...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does gold have value? ### Answer: I use to play marbles at school. Marbles were like gold the more you had the richer you were. They were a scarce commodity only a few in circulation. Once I secur...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does gold have value? ### Answer: It has semantic value (because we culturally believe gold is valuable). There is a very important point here. Gold and many other coin metals. This "semantic va...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does gold have value? ### Answer: Why does the value of gold go up when gold itself doesn't produce anything? Why do people invest in gold? Your perception, that the value of gold goes up in the l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does gold have value? ### Answer: Most of the answers here reflect a misunderstanding of what gold actually is from a financial perspective. I'll answer your question by asking two questions, and...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does gold have value? ### Answer: Gold has very useful physical properties for some engineering applications. Even tiny amounts of gold can substantially improve products, so it can be worthwhile...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does gold have value? ### Answer: Gold can be thought of to have value in one of two ways; (1) as a means and (2) as an end. Means takes the shape of currency. In this form, we value gold in the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are forward curves useful tools for trading decisions and which informations can be gathered from them? ### Answer: As far as trading is concerned, these forward curves are the price at which you can ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are forward curves useful tools for trading decisions and which informations can be gathered from them? ### Answer: The forward curve for gold says little, in my opinion, about the expected price of g...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How decreasing the prime interest rate helps to offset decreasing oil prices ### Answer: You may be missing how countries like Canada may have oil be more of the GDP than countries like the US. In Ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does my car loan interest go up despite making payments on-time? ### Answer: Interest is calculated daily. Doing the math: Between 6-17 and 7-25 are 38 days, 200.29 / 38 = 5.27 interest per day. B...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does my car loan interest go up despite making payments on-time? ### Answer: The interest probably accrues daily, regardless of whether your payments are on time. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I figure out the market value of used books? ### Answer: Half of original MSRP at Amazon is a good option for books that are in good condition. Another option would be to use eBay, specificall...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I figure out the market value of used books? ### Answer: Regarding the textbooks and technical books, it might be worth checking out sites like Chegg.com or other textbook rental websites. They...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I figure out the market value of used books? ### Answer: Text Book values drop rather rapidly and fluctuate quite a bit based on when you are selling (January and August-September when semester...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are precious metals/collectibles a viable emergency fund? ### Answer: If it were me, I would convert it to cash and keep it in a liquid account. The assumption that silver will increase in value is mi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are precious metals/collectibles a viable emergency fund? ### Answer: If you were asking if you should buy silver for an emergency fund, I'd say no. But, you already have it... Note: I wrote most of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are precious metals/collectibles a viable emergency fund? ### Answer: People normally hold precious metals as a protection against the whole system going down: massive inflation, lawlessness, etc. If...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will a small investment in a company net a worthwhile gain? ### Answer: If the shares rise in value 50% over the next few years, you will have the same return that I would see if I bought 100 or 1000 ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will a small investment in a company net a worthwhile gain? ### Answer: If you bought 5 shares @ $20 each that would cost you $100 plus brokerage. Even if your brokerage was only $10 in and out, your ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are wire transfers and other financial services in Canada so much more expensive than in Europe? ### Answer: I don't believe there is any particular structural or financial reason that outgoing wi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are wire transfers and other financial services in Canada so much more expensive than in Europe? ### Answer: because bankers are crooks is a very close answer. Just accept the truth that financial...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are wire transfers and other financial services in Canada so much more expensive than in Europe? ### Answer: Transaction fees are part of the income for banks, and as we know they are profit makin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it safe to take a new mortgage loan in Greece? ### Answer: The safest financial decisions that you can make in Greece involve getting your money out of Greece. That said, it depends. If the economy...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it safe to take a new mortgage loan in Greece? ### Answer: While I would be very leery of making any Investments in Greece, and if I lived there might want to strongly consider a larger than averag...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it safe to take a new mortgage loan in Greece? ### Answer: Please clarify your question. What do you mean by "..loan in Greece"? If you are referring to taking a mortgage loan to purchase residenti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it safe to take a new mortgage loan in Greece? ### Answer: No it is not safe to take out a new mortgage - loan or anything credit related or any investment - in greece. Growing political risk, bond...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I interpret this industry research? ### Answer: As BobbyScon said in the comments, invest in a company that is developing in that field. Or invest in a company which supplies that field. T...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does the USA have a Gold reserve? ### Answer: The US does have a gold reserve. The main reserves are held at Fort Knox but there is even more gold, mostly owned by other countries, stored in the basem...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does the USA have a Gold reserve? ### Answer: According to the US Mint, the Government does still have a gold reserve stored mostly in Fort Knox in Kentucky, but there is some in New York and Colorado...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does the USA have a Gold reserve? ### Answer: The United States is no longer on a gold standard, and the value of its currency is solely founded on the productivity of its economy. So I don't think th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Transfer $50k to another person's account (in California, USA) ### Answer: A non-cash transaction will not be a problem. The bank will have to fill out federal paperwork if there are large amounts of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Transfer $50k to another person's account (in California, USA) ### Answer: It will not be a problem; people regularly move larger sums. It will be reported to law authorities as large enough to be pot...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: The life cycle of money ### Answer: I'll answer but avoiding discussion of M1, M2 etc, too pedantic. I don't believe you are asking about the lifetime of either coins or paper money. I think you are r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: The life cycle of money ### Answer: Echoing JohnF, and assuming you mean the physical, rather than abstract meaning of money? The abstract concept obviously isn't replaced (unless the currency is dis...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stocks vs. High-yield Bonds: Risk-Reward, Taxes? ### Answer: nan ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stocks vs. High-yield Bonds: Risk-Reward, Taxes? ### Answer: When credit locks up, junk bond prices fall rapidly, and you see more defaults. The opportunity to make money with junk is to buy a diversi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's behind the long secular bull market in U.S. Treasuries? ### Answer: I believe that it's largely irrational, fueled largely by foreign investors that are afraid to invest anywhere else. There ar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What's behind the long secular bull market in U.S. Treasuries? ### Answer: In a secular bull market, strong investor sentiment drives prices higher, as participants, over time, are net buyers. Secular...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros & cons of buying gold directly vs. investing in a gold ETF like GLD, IAU, SGOL? ### Answer: Owning physical gold (assuming coins): Owning gold through a fund: ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pros & cons of buying gold directly vs. investing in a gold ETF like GLD, IAU, SGOL? ### Answer: If you want to speculate on gold price you should always buy an ETF/ETC (Exchange Traded Commodity). Th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a non dividend-paying product (say ETF) suddenly start paying dividends? ### Answer: Yes, absolutely. Consider Microsoft, Updated Jan. 17, 2003 11:59 p.m. ET Software giant Microsoft Corp., fi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I go about finding an honest & ethical financial advisor? ### Answer: You want a fee-only advisor. He charges like an architect or plumber: by the hour or some other "flat fee". That is his on...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I go about finding an honest & ethical financial advisor? ### Answer: If someone recommends a particular investment rather than a class of investments, assume they are getting a commission and ...