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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: United Kingdom: Where to save money for a property deposit ### Answer: The chancellor announced an ISA in this week's budget intended for people saving to buy their first home. For every £200 put in t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: United Kingdom: Where to save money for a property deposit ### Answer: Ultimately you are as stuck as all other investors with low returns which get taxed. However there are a few possible mitigations...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: United Kingdom: Where to save money for a property deposit ### Answer: From April 2017 the plan is that there is now also going to be a "Lifetime ISA" (in addition to the Help to Buy ISA). Assuming th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: United Kingdom: Where to save money for a property deposit ### Answer: Another option is the new 'innovative finance isa' that allow you to put a wrapper round peer to peer lending platform investment...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Wash sale rules in India (NSE/BSE) ### Answer: I sold it at 609.25 and buy again at 608.75 in the same day If you Sold and bought the same day, it would be considered as intra-day trade. Profit will b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Wash sale rules in India (NSE/BSE) ### Answer: Looks like there are no specific rule in India to prevent Wash sales. See the link below. http://economictimes.indiatimes.com/wealth/personal-finance-ne...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the Average Yield on High-Grade Corporate Bonds as of Now? ### Answer: Yahoo! Finance would list it as 3.30 for the 20 year corporate AAA bonds. This is using the criteria from the Wikipedia l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Definition of “secular” in the context of markets? ### Answer: According to Wikipedia: In the finance industry, something done on a secular basis is done on a long-term basis, not a temporary or ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Definition of “secular” in the context of markets? ### Answer: Secular means a long term. A secular basis is something done on a long term basis while a secular trend is a long term trend. http://fin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: effect of bond issue on income statement ### Answer: No, it would not show up on the income statement as it isn't income. It would show up in the cash flow statement as a result of financing activiti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In NYC is there sales tax on services like computer / cell phone repair? ### Answer: According to the New York State Department of Taxation and Finance, your service would appear to be exempt from tax...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the correct pronunciation of CAGR? ### Answer: I always hear people pronounce it to rhyme with "bagger". ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the correct pronunciation of CAGR? ### Answer: Most readers probably know that an acronym is an invented word made up of the initial letters or syllables of other words, like NASA or NATO. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it legal to charge interest on interest? ### Answer: Yes it most cases it is legal. Plus depending on how you look at it, the last payment of 1000 can be principal paid and interest was paid in ini...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Trading an FHA loan to bank for an REO ### Answer: What you are suggesting will not work. Banks have strict guidelines about what they can and cannot do with an FHA loan property. Remember the FHA is ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it impossible to get a home loan with a poor credit history after a divorce? ### Answer: I am sorry for your troubles, but impressed with your problem solving skills. Keep going, things will get b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it impossible to get a home loan with a poor credit history after a divorce? ### Answer: No, it is never impossible to get credit so long as there are no price controls or quotas. In most of the Un...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off car or use money for down payment ### Answer: Break the transactions into parts. Go to your bank or credit union and get a loan commitment. When applying for loan get the maximum amount they w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off car or use money for down payment ### Answer: The best thing to do is pay off the car. Adding more variables to a negotiation with a car dealer (in this case, a trade in), is always going to g...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off car or use money for down payment ### Answer: Absolutely do not pay off the car if you aren't planning to keep it. The amount of equity that you have from a trade in vehicle will always be a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off car or use money for down payment ### Answer: Option 2. Selling the car yourself will give you the best value, especially if you can get its full value. This will cost you time, but will retur...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off car or use money for down payment ### Answer: To focus on your question.. pay it off then trade in. The reason is because say you just have 14k laying around and buy a car for 14k, you must pa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 22-year-old inherited 30k from 529 payout - what is the best way to invest? ### Answer: Also, my wealth manager doesn't like to discuss my money with me. To some extent, I understand this because fina...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 22-year-old inherited 30k from 529 payout - what is the best way to invest? ### Answer: Look through the related questions. Make sure you fund the max your tax advantaged retirement funds will take t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 22-year-old inherited 30k from 529 payout - what is the best way to invest? ### Answer: First, I applaud you for caring. Most people don't! In fact, I was in that category. You bring up several is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 22-year-old inherited 30k from 529 payout - what is the best way to invest? ### Answer: Many people have provided very good answers to this question and all the answers provide sound advice and justif...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Company revenue increased however stock price did not ### Answer: It's great that you have gotten the itch to learn about the stock market. There are a couple of fundamentals to understand first thou...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Company revenue increased however stock price did not ### Answer: looking over some historical data I cannot really a find a case where a stock went from $0.0005 to $1 it almost seem that once a stock...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Company revenue increased however stock price did not ### Answer: The company released its 2nd Quarter Revenue of $1,957,921 a couple days ago however the stock did not move up in any way. Why? If the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Company revenue increased however stock price did not ### Answer: Note that we do not comment on specific stocks here, and have no place doing so. If your question is only about that specific stock th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Company revenue increased however stock price did not ### Answer: If you believe in the efficient market hypothesis then the stock price reflects the information known to market participants. Conseque...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Company revenue increased however stock price did not ### Answer: The company released its 2nd Quarter Revenue of $1,957,921 a couple days ago however the stock did not move up in any way. Why? If the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What college degree should I pursue to learn about stock and forex markets? ### Answer: There are several paths of study you could undertake. If you want to learn the fundamentals of the stock market ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What college degree should I pursue to learn about stock and forex markets? ### Answer: Financial Economics, although, as I understand it, not all colleges offer this major. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dealership made me the secondary owner to my own car ### Answer: Imagine that, a car dealership lied to someone trusting. Who would have thought. A big question is how well do you get along with your...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dealership made me the secondary owner to my own car ### Answer: Your best bet is to refinance the car in your own name only. Hopefully a year of making the payments has improved your credit score eno...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dealership made me the secondary owner to my own car ### Answer: You are co-signer on his car loan. You have no ownership (unless the car is titled in both names). One option (not the best, see below...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it good to borrow money to buy a house? ### Answer: In most cases of purchases the general advice is to save the money and then make the purchase. Paying cash for a car is recommended over ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it good to borrow money to buy a house? ### Answer: First, who is saying that it is a better option? In general it is best to pay cash for things when you can. I think the reality is that for m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it good to borrow money to buy a house? ### Answer: First, as others have commented, the idea that getting a mortgage to buy a house is always a good idea is false. It depends on a number of f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is it good to borrow money to buy a house? ### Answer: You can explore the scenarios in which it is better to rent or to buy using this application: http://demonstrations.wolfram.com/BuyOrRentInve...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First time home buyer. How to negotiate price? ### Answer: Well it all kind of depends. The Realtor is your pro, and you should communicate further with him. Is this a neighborhood on the decline? ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First time home buyer. How to negotiate price? ### Answer: In this case, trust the real estate agent; negotiating experience is one of the things you selected them for. Especially if they're suggestin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First time home buyer. How to negotiate price? ### Answer: As far as the specific price - it depends so much on the area and the house and other things. 70k could be a perfectly reasonable offer, or ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First time home buyer. How to negotiate price? ### Answer: No offer is too low. You can always offer more but you can't offer less once you have made your first offer. And there is always another grea...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First time home buyer. How to negotiate price? ### Answer: Do some homework to determine what is really a fair price for the house. Zillow helps. County tax records help, including last sale price a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First time home buyer. How to negotiate price? ### Answer: Often, if your realtor and the selling realtor know each other, your realtor will "discover" what price the seller really wants. (Don't worry...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First time home buyer. How to negotiate price? ### Answer: Whether applying for a job or buying a house, Offer a more specific price like $72,500, which tells them you thought hard about the price. $7...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First time home buyer. How to negotiate price? ### Answer: Advice from a long-time flipper You negotiate price based on four factors and none of these are set in stone: How much you love the house. I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First time home buyer. How to negotiate price? ### Answer: First of all, never ask a realtor for advice. The realtor represents the SELLER. Blankip's advice above is by far the most accurate of the pr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First time investing advice (Canada) ### Answer: Question One: Question Two: Your best reference for this would be a brokerage account with data privileges in the markets you wish to trade. Failing th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First time investing advice (Canada) ### Answer: Two to three years? That is one long gestation period! :^) Welcome. Congratulations on taking savings into your own hands, you are a winner for takin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculate investment's interest rate to break-even insurance cost [duplicate] ### Answer: I believe the following formula provides a reasonable approximation. You need to fill in the following variabl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculate investment's interest rate to break-even insurance cost [duplicate] ### Answer: You are comparing a risk-free cost with a risky return. If you can tolerate that level of risk (the ups and do...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculate investment's interest rate to break-even insurance cost [duplicate] ### Answer: I wouldn't call it apples and oranges. This is literally an opportunity cost calculation. You can safely ass...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some good books for learning stocks, bonds, derivatives e.t.c for beginner with a math background? ### Answer: Those are the three books that were considered fundamental at my university: Inv...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some good books for learning stocks, bonds, derivatives e.t.c for beginner with a math background? ### Answer: Not perhaps practically useful, but I found it conceptually useful to learn the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some good books for learning stocks, bonds, derivatives e.t.c for beginner with a math background? ### Answer: My personal favorites are Options, Futures, and Other Derivatives by John C Hull...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are some good books for learning stocks, bonds, derivatives e.t.c for beginner with a math background? ### Answer: Start with Options, Futures and Other Derivatives by John Hull. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Keeping our current home (second property) as a rental. Will it interfere with purchasing a third home? ### Answer: Even after the real estate crash, there are banks that lend money outside of the rul...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Keeping our current home (second property) as a rental. Will it interfere with purchasing a third home? ### Answer: There's a couple issues to consider: When you sell your primary home, the IRS gives ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do auto-loan payments factor into taxes for cars that are solely used by dependent(s)? ### Answer: It only matters for purposes of the dependent, so if you are clearly at 50%, then you don't need ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do auto-loan payments factor into taxes for cars that are solely used by dependent(s)? ### Answer: I don't see how allowing usage of your vehicle is less support than giving money to buy their own...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you help me find an ETF Selection website that evaluates my ETF holdings? ### Answer: I used to use etfconnect before they went paid and started concentrating on closed end funds. These days my so...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Evidence for timing market in the short run? ### Answer: The time horizon for your IRA is years or decades, therefore there is little evidence that there is a benefit to waiting for the "perfect time"...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Evidence for timing market in the short run? ### Answer: The study of technical analysis is generally used (sometimes successfully) to time the markets. There are many aspects to technical analysis, b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Evidence for timing market in the short run? ### Answer: This is the S&P a bit over 20 years. If you've discovered a way to sell at 1400 in 2000, buy at 800 or so in 2003, sell again, well, you get th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Evidence for timing market in the short run? ### Answer: Timing the market and by extension the efficient market hypothesis is one of the most hotly debated subjects in finance academia. If you are to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can my rent to own equity be used as a downpayment? ### Answer: The home owner will knock 20% off the price of the house. If the house is worth $297K, then 20% is just a discount your landlord is offe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can my rent to own equity be used as a downpayment? ### Answer: I think you need to go to a local bank and ask. The key thing is paper trail. For any mortgage I've gotten on a new purchase, the bank n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can my rent to own equity be used as a downpayment? ### Answer: I do not think the bank would consider the 52K as equity. Typically, a rent-to-own lease is technically a lease-option contract where ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Possible replacement for Quicken ### Answer: I would investigate mint.com further. Plenty of people have written off using them because Intuit purchased them, but that seems like cutting of your nose...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Possible replacement for Quicken ### Answer: Given your needs, GNUcash will do swimmingly. I've used it for the past 3 years and while it's a gradual learning process, it's been able to resolve most s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Possible replacement for Quicken ### Answer: It has a bit of a learning curve, but I like GNU Cash. (And since it open source, it's free!) ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Possible replacement for Quicken ### Answer: Do you use any other online features of Quicken? How many unique ticker symbols do you have? How often do you really need to update the prices? You can ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Questioning my Realtor ### Answer: A mortgage lender will not usually lend more than they could get if they had to repossess the property and sell it to recover their investment (in the U.S. it is gen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Questioning my Realtor ### Answer: My realtor told me that even though they're only asking for 1/2 the money and have excellent credit that the mortgage company may not lend it to them if I'm ove...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Questioning my Realtor ### Answer: even though they're only asking for 1/2 the money and have excellent credit that the mortgage company may not lend it to them if I'm over priced Yes. If the house's ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Getting over that financial unease? Budgeting advice ### Answer: Budgeting is a tool for planning, not for execution. It sounds like you don't have a problem BUDGETING (planning what to spend on what ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Getting over that financial unease? Budgeting advice ### Answer: You sound like you are budgeting too much for food. Try limiting yourself to $200 a month for food and take that out in cash. When it...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Getting over that financial unease? Budgeting advice ### Answer: Put your budget down on paper/spreadsheet/tool of choice (e.g Mint, YNAB, Excel). Track every cent for a few months. Seeing it writte...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mitigate Effects Of Credit With Tangible Money ### Answer: If you have no credit history but you have a job, buying an inexpensive used car should still be doable with only a marginally higher interes...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mitigate Effects Of Credit With Tangible Money ### Answer: Genius answer: Don't spend more than you make. Pay off your outstanding debts. Put plenty away towards savings so that you don't need to rely...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mitigate Effects Of Credit With Tangible Money ### Answer: Right now you are standing at a fork in the road. If I could tell my younger self who blasted past that fork without noticing it what to do,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I get a auto loan to diversify my credit lines if I have the cash to pay upfront ### Answer: You should not seek a kind of debt just for it's appearance on your credit report. If you don't nee...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I get a auto loan to diversify my credit lines if I have the cash to pay upfront ### Answer: There is no need to get an auto loan just to try and affect your credit score. It is possible to hav...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is CFD a viable option for long-term trading? ### Answer: Yes it is viable as long term!! BUT... The average yearly return for the Nasdaq-100 for the last 20 years is 15%!! If you subtract the financi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is CFD a viable option for long-term trading? ### Answer: CFDs should not be used as a buy and hold strategy (which is risky enough doing with shares directly). However, with proper money and risk man...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is CFD a viable option for long-term trading? ### Answer: No, CFD is not viable as a long term trading strategy. You have a minimum margin to maintain, and you are given X days to top up your margin ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is CFD a viable option for long-term trading? ### Answer: it is pretty much the same as a normal margin loan but cheaper because you don't own the underlying share.the if the margin is $1000 at 5% you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is CFD a viable option for long-term trading? ### Answer: Something really does seem seedy that if I invest $2500, that I'll make above 50k if the stock doubles. Is it really that easy? You only buy o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is CFD a viable option for long-term trading? ### Answer: Yes it is viable but uncommon. As with everything to do with investment, you have to know what you are doing and must have a plan. I have been...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where I can find S&P 500 stock data history? ### Answer: I assume you're after a price time series and not a list of S&P 500 constituents? Yahoo Finance is always a reasonable starting point. Code y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My ex sold our car that still had money owed ### Answer: It is a legal issue for two reasons. In the United States if both names were on the title both people would have had to sign the paperwork in ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My ex sold our car that still had money owed ### Answer: This is not a finance issue, it is a legal one. You need to talk to a lawyer. To save your credit you can pay off the bank now and fight out ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Shareholders meetings — the announcement of significant news ### Answer: SE:Personal Finance user Ray K says in a comment on this question that his or her broker said: a company cannot release any sig...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Online service that computes implied volatility ### Answer: My broker (thinkorswim) offers this from the platform's trade tab. I believe this feature isn't crippled in the PaperMoney version which i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Online service that computes implied volatility ### Answer: remember that IV is literally the volatility that would be present to equate to the latest price of a particular option contract, assuming ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Outstanding car bill, and I am primary but have not driven it for 2 years ### Answer: Sounds like you need to contact your ex and sort it out. If you have co-signed the loan, changes are you are equal...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Outstanding car bill, and I am primary but have not driven it for 2 years ### Answer: What can you do? Pay the loan or face the debt collectors. The finance company don't care who now keeps the car, ...