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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investment for beginners in the United Kingdom ### Answer: If you havent yet maxed out your ISA, then its a no-brainer. You get excellent tax rebates and its silly not to take advantage of these befor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investment for beginners in the United Kingdom ### Answer: a) Go to Money super market and compare all the share dealing accounts and choose one to your liking. b) That depends on one's own circumstan...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investment for beginners in the United Kingdom ### Answer: Before jumping into stock trading, do try Mutual Funds and Index funds, That should give you some good overview of the equity markets. Furthe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investment for beginners in the United Kingdom ### Answer: Most investors should not be in individual stocks. The market, however you measure it, can rise, yet some stocks will fall for whatever reaso...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investment for beginners in the United Kingdom ### Answer: I'm in the US as well, but some basic things are still the same. You need to trade through a broker, but the need for a full service broker i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Stock Dividends & Splits: Are they always applied over night? ### Answer: I've never seen a dividend, split or other corporate action during the day, but I have seen trade suspended a few times when s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the ticker symbol for “Vanguard Target Retirement 2045 Trust Plus”? ### Answer: Use VTIVX. The "Target Retirement 2045" and "Target Retirement 2045 Trust Plus" are the same underlying fund, bu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay bill now or later? ### Answer: If you've got the money to pay the bill today, do it. They are giving you a 25% discount if you do. You won't find an investment that will beat that. Let's look at ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay bill now or later? ### Answer: Another, perhaps simpler approach to the same result as @BenMiller. Firstly, if you can pay off the debt today, for 1695.70 cash, then that is the amount of your deb...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does negative Total Equity means in McDonald's balance sheet? ### Answer: what does negative Total Equity means in McDonald's balance sheet? It means that their liabilities exceed their total ass...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: still have mortgage on old house to be torn down- want to build new house ### Answer: You're effectively looking for a mortgage for a new self-build house. At the beginning, you should be able to get...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: still have mortgage on old house to be torn down- want to build new house ### Answer: I could be wrong, but I doubt you're going to be able to roll the current mortgage into a new one. The problem is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Financing a vehicle a few months before I expect to apply for a mortgage? ### Answer: If your debt will all be less than 25% gross (yes, I see you said take home) you are in great shape. I'd get the c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Financing a vehicle a few months before I expect to apply for a mortgage? ### Answer: Buy a modest vehicle with a manageable payment. Keep the payment low enough ($200-300/month) to keep your DTI (De...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Financing a vehicle a few months before I expect to apply for a mortgage? ### Answer: Usually, it's not a good idea as it will not only raise your debt to income ratios, but also impact your credit s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a term for total money owed to you? ### Answer: Is there a word for that $20k owed? Trade Receivables, Accounts Receivables, or just Receivables Is there a different word for that $30k "hypot...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Am I entitled to get a maintenance loan? ### Answer: According to GOV.UK, you can only apply for Student Finance if: Since you don't fulfill the criterion 2 and 3, you are technically not eligible for...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Am I entitled to get a maintenance loan? ### Answer: I think you're eligible for the tuition fee loan but not the maintenance loan. I think that SFE were suggesting that you'd be eligible under point ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Rate of change of beta ### Answer: This is (almost) a question in financial engineering. First I will note that a discussion of "the greeks" is well presented at https://en.wikipedia.org/wiki/Greeks_(...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Rate of change of beta ### Answer: This is a useful metric in that it gives you a trust factor on how reliable the beta is for future expectations It is akin to velocity and acceleration First and...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Rate of change of beta ### Answer: If you do not need it for a day or a week or something like that, an easy thing to do to get the beta of a security is to use wolframalpha. Here is a sample query: ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm an American in my mid 20's. Is there something I should be doing to secure myself financially? ### Answer: First of all, make sure you have an emergency fund. Ideally this should be at least 6 mo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm an American in my mid 20's. Is there something I should be doing to secure myself financially? ### Answer: On average, you should be saving at least 10-15% of your income in order to be financiall...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm an American in my mid 20's. Is there something I should be doing to secure myself financially? ### Answer: I may be walking on thin ice but that's never stopped me from answering before. ;) I have...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm an American in my mid 20's. Is there something I should be doing to secure myself financially? ### Answer: Buy this book. It is a short, simple crash course on personal finance, geared at someone...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Recommendation for learning fundamental analysis? ### Answer: Definition: Fundamental analysis involves analyzing financial statements and health, management and competitive advantages, and competitor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Recommendation for learning fundamental analysis? ### Answer: The Bible of fundamental analysis was written by Graham and Dodd, and is titled Security Analysis. If you don't know the name Benjamin Gra...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Recommendation for learning fundamental analysis? ### Answer: Below is just a little information on this topic from my small unique book "The small stock trader": The most significant non-company-spe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a more flexible stock chart service, e.g. permitting choice of colours when comparing multiple stocks? ### Answer: I don't think there are any web based tools that would allow you to do this....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which institutions in Canada offer true read-only guest accounts? ### Answer: Converting fideli comment to answer I don't think any Canadian bank offers this capability for online banking. However, th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I profit from selling a PUT on BBY? ### Answer: Yes. You got it right. If BBY has issues and drops to say, $20, as the put buyer, I force you to take my 100 shares for $2800, but they are worth $...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I profit from selling a PUT on BBY? ### Answer: The time when you might want to do this is if you think BBY is undervalued already. If you'd be happy buying the stock now, you'd be happy buying i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I profit from selling a PUT on BBY? ### Answer: Yes, theoretically you can flip the shares you agreed to buy and make a profit, but you're banking on the market behaving in some very precise and p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Am I eligible for a student maintenance loan? ### Answer: Looking at https://www.gov.uk/student-finance/who-qualifies, it says: You can only apply if: As you meet all three requirements I think you ar...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Possible pro-rated division of asset strategies without a prenup? ### Answer: Absent a pre-nup, it's a case of "lawyer vs lawyer," you can't count on protecting what you came into the marriage with. I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: OTC Markets, Time, and Trading ### Answer: Depending on your broker, you can buy these stocks directly at the most liquid local exchanges. For instance, if you are US resident and want to to buy Germa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: OTC Markets, Time, and Trading ### Answer: Something to consider is that in the case of the company you chose, on the OTC market, that stock is thinly traded and with such low volume, it can be easy f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: valuing options ### Answer: Below I will try to explain two most common Binomial Option Pricing Models (BOPM) used. First of all, BOPM splits time to expiry into N equal sub-periods and assumes that i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it wise to invest in bond fund when interest rates are low? ### Answer: This is just a pedestrian (my) opinion: Yes, It is wise to invest in bond funds even in a low interest environment. Check out...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Reinvesting earnings increases the book value of equity? ### Answer: The book value is Total Assets minus Total Liabilities and so if you increase the Total Assets without changing the Total Liabiliti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why pay for end-of-day historical prices? ### Answer: There are several reasons to pay for data instead of using Yahoo Finance, although these reasons don't necessarily apply to you if you're only pla...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Margin when entered into a derivative contract ### Answer: A derivative contract can be an option, and you can take a short (sell) position , much the same way you would in a stock. When BUYING option...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Margin when entered into a derivative contract ### Answer: The most obvious use of a collateral is as a risk buffer. Just as when you borrow money to buy a house and the bank uses the house as a colla...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Margin when entered into a derivative contract ### Answer: Derivatives derive their value from underlying assets. This is expressed by the obligation of at least one counterparty to trade with the ot...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When I ask a broker to buy stock, what does the broker do? ### Answer: Here are a couple of articles that can help highlight the differences between a broker and an online investment service, which se...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When I ask a broker to buy stock, what does the broker do? ### Answer: You or the broker place an order to buy the share with the stock exchange. There has to be a matching sell order by someone. Onc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When I ask a broker to buy stock, what does the broker do? ### Answer: My answer isn't a full one, but that's because I think the answer depends on, at minimum, the country your broker is in, the type...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where is “Cash Credit from Unsettled Activity” coming from? ### Answer: The Cash Credit from Unsettled Activity occurs because AGG issued a dividend in the past week. Since you purchased the ETF long ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who performs the blocking on a Visa card? ### Answer: It is the people who you bought the ticket from. Blocking is frequently done by hotels, gas stations, or rental car companies. Also, for anything ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who performs the blocking on a Visa card? ### Answer: The request to block the money is made by the Party who sells the product. Based on this request the Bank blocks the funds. Subsequently the Party...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who performs the blocking on a Visa card? ### Answer: There are, in fact, two balances kept for your account by most banks that have to comply with common convenience banking laws. The first is your ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I find out what percentage the publicly traded shares (float) are of the total company? ### Answer: I think you're looking for the public float: Public float or the unqualified term may also r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I find out what percentage the publicly traded shares (float) are of the total company? ### Answer: The best place to start looking is the companies "Balance Sheet" (B/S). This would show you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Identity theft? ### Answer: Assuming you live in the US, it is quite normal when you are applying for a loan that the application will ask you to confirm your identity. One of these methods is to ask ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are the AARP benefits and discounts worth the yearly membership cost? ### Answer: Note: this answer was provided when the question was only about Life Insurance, therefore it does not address any othe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are the AARP benefits and discounts worth the yearly membership cost? ### Answer: It depends on you. If you're not an aggressive shopper and travel , you'll recoup your membership fee in hotel savings...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Online sites for real time bond prices ### Answer: Bonds are extremely illiquid and have traditionally traded in bulk. This has changed in recent years, but bonds used to be traded all by humans not ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Online sites for real time bond prices ### Answer: FINRA lets you view recent trades, but as stated in the other answer bonds are illiquid and often do not trade frequently. Therefore recent trades pr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does a long/purchased call option have a long position in the option itself? ### Answer: It will be helpful to establish some definitions: Long "Long" is financial slang for "to have possession of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does a long/purchased call option have a long position in the option itself? ### Answer: Being long the call is being long the option. The call is a type of option. A put is a type of option If yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does a long/purchased call option have a long position in the option itself? ### Answer: If it helps you to think about it, long is equivalent to betting for the upside and short is equivalent to ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Rate of return of stock index ### Answer: The return from one day to the next is based on the Day's closing price. To be clear - opening prices can be quite different from the prior day close. In you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mortgage loan and move money to US ### Answer: Let me restate question for clarity. Facts: Question: Are there any taxes for this transaction? Answer: (Added improvements provided by Eric) Generally N...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do some companies (like this company) have such a huge per share price? ### Answer: Simple answer is because the stocks don't split. Most stocks would have a similar high price per share if they d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do used vehicle exchange programs at car dealerships work? ### Answer: You are correct to be wary. Car dealerships make money selling cars, and use many tactics and advertisements to entice you to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do used vehicle exchange programs at car dealerships work? ### Answer: Yikes! Not always is this the case... For example, you purchased a new car with an interest rate of 5-6%or even higher... Why...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to find trailing 5-year stock returns for 1980s? ### Answer: I dont know if this data is available for the 1980s, but this response to an old question of mine discusses how you can pull stock rela...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are we taxed on revenue and companies on profit? ### Answer: I pay taxes on revenue. You do have the ability to deduct expenses, though it's not as comprehensive as what companies can do: These ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Need a loan to buy property in India. What are my options? ### Answer: Getting the line of credit would likely be a bit easier than the loan but realistically the best option is getting a mortgage thr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Need a loan to buy property in India. What are my options? ### Answer: There are P2P lending sites like prosper.com and lendingclub.com (both have 35K limit) where you can take out a personal loan. Do...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Need a loan to buy property in India. What are my options? ### Answer: In USA, if you take a personal loan, you will probably get rates between 8-19%. It is better that you take a loan in India, as ho...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm upside down on my car loan and need a different car, what can I do? ### Answer: There are a few things you should keep in mind when getting another vehicle: DON'T use dealership financing. Get an ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm upside down on my car loan and need a different car, what can I do? ### Answer: I am new to the site and hope I can help! We just purchased a used car a few weeks ago and used dealer's finance aga...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm upside down on my car loan and need a different car, what can I do? ### Answer: Dealerships make a lot of money in the finance department. One of the thing they play upon is your emotional reacti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm upside down on my car loan and need a different car, what can I do? ### Answer: For the future: NEVER buy a car based on the payment. When dealers start negotiating, they always try to have you f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm upside down on my car loan and need a different car, what can I do? ### Answer: Before buying a new car, determine whether you really need one! If there's an automotive discussion, you should ask ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I use my non-tax advantaged investment account to pay off debt? ### Answer: If what you are paying in interest on the debt is a higher percentage than what your investments are returning, the b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I use my non-tax advantaged investment account to pay off debt? ### Answer: You could pay off a portion of the debt and your minimum payments should also go down proportionately. Your investme...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I use my non-tax advantaged investment account to pay off debt? ### Answer: Paying off debts will reduce your monthly obligation to creditors (less risk) and also remove the possibility of fore...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Rollover 401k into Roth IRA? ### Answer: For #1, I see no advantage in putting money from your non-retirement savings into a Roth just for the purpose of using it as a down payment on your house. Why...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Rollover 401k into Roth IRA? ### Answer: There is some advantage to putting your house downpayment in the Roth to get tax-free growth. However this advantage is offset by the risk of the investment lo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any reason not to buy points when re-financing with intent not to sell for a while? ### Answer: The math is pretty simple. You can spend less overall if you pay points. Things to remember a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any reason not to buy points when re-financing with intent not to sell for a while? ### Answer: In such a situation, is there any reason, financial or not, to NOT pay as many points as mort...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any reason not to buy points when re-financing with intent not to sell for a while? ### Answer: There is the opportunity cost. Let's say it cost you $1000 to buy 0.25% discount. Over N numbe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using multiple bank accounts ### Answer: There is nothing conceptually wrong with it. If you like it that way, go ahead. The only thing to watch out for is bank policies that effectively penalize hav...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Using multiple bank accounts ### Answer: I live near historic Concord, Massachusetts, and frequently drive past Walden Pond. I'm reminded of Henry David Thoreau's words, "Simplify, simplify, simplify...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is this fund? ### Answer: SMID CAP FUND is Fidelity's way of saying SMALL to MID CAP FUND. Small to Medium is self explanatory. Cap is capitalization, and it basically means how much the sum of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to stress test an investment plan? ### Answer: Here are a few things I've already done, and others reading this for their own use may want to try. It is very easy to find a pattern in any set of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does re-financing an FHA-insured mortgage incur the UFMIP again? ### Answer: When you got your original HUD backed mortgage there were three options: monthly, annual and upfront payments. The plan is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get 0% financing for a car, with no credit score? ### Answer: Yes, of course it is. Car dealers are motivated to write loans even more than selling cars at times. When I bought a new car for th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get 0% financing for a car, with no credit score? ### Answer: Is it possible to get a 0% interest rate for car loan for used car in US? Possible? Yes. It's not illegal. Likely? Not really. $5...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a Line of Credit be re-financed? Is it like a mortgage, with a term? ### Answer: HELOCs typically have a 10 year draw and 5 year payback. During the draw time you can pay interest only if you wish...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can a Line of Credit be re-financed? Is it like a mortgage, with a term? ### Answer: You can often convert the outstanding balance of a HELOC into a fixed-rate home equity loan, generally with the sam...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who could afford a higher annual deductible who couldn't afford a higher monthly payment? ### Answer: Your title question, Who could afford a higher premium who couldn't afford a higher monthly paymen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who could afford a higher annual deductible who couldn't afford a higher monthly payment? ### Answer: It's simple. Most people don't spend $6000 a year in medical care. As for myself, there's probably...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Who could afford a higher annual deductible who couldn't afford a higher monthly payment? ### Answer: I edited in the total annual out of pocket for each level to help illustrate what's going on. Your...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Loan math problem ### Answer: The price inflation isn't a percentage, it's a fixed amount. If the dealer adds $R to the price of both the trade-in and the purchased car, then everyone ends up with the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Loan math problem ### Answer: Lachlan has $600 cash and a car worth $500. That's $1,100. The new car is priced at $21,800. Lachlan needs a loan for $20,700. However, the finance company insists that t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What fiscal scrutiny can be expected from IRS in early retirement? ### Answer: IRS Pub 554 states (click to read full IRS doc): "Do not file a federal income tax return if you do not meet the filing ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: help with how a loan repayment is calculated ### Answer: It appears the interest is not compounded daily. Each period of interest has the loan amount calculated on the "capital" remaining on the star...