Datasets:
circircircle
/
FinQA

Dataset card Data Studio Files
xet
 Community
text
stringlengths
146
45.7k
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I get a home loan within 2 years of bankruptcy? ### Answer: Your only option might be finding a seller-financed property with a motivated seller who is willing to take the risk of loaning you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I get a home loan within 2 years of bankruptcy? ### Answer: There are a few loan programs that grant exceptions to bankruptcy requirements in the event of extenuating circumstances that can be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying off a loan with a loan to get a better interest rate ### Answer: I don't know what rates are available to you now, but yes, if you can refinance your car at a better rate with no hidden fees, y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying off a loan with a loan to get a better interest rate ### Answer: If it's possible in your case to get such a loan, then sure, providing the loan fees aren't in excess of the interest rate diffe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying off a loan with a loan to get a better interest rate ### Answer: Dude- my background is in banking specifically dealing with these scenarios. Take my advice-look for a balance transfer offer-cr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying off a loan with a loan to get a better interest rate ### Answer: Before we were married my wife financed a car at a terrible rate. I think it was around 20%. When trying to refinance it the rem...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Paying off a loan with a loan to get a better interest rate ### Answer: Your current loan is for a new car. Your refinanced loan would probably be for a used car. They have different underwriting stan...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Refinancing a vehicle, longer term with extra in the kitty, or shorter term and just make scheduled payment? ### Answer: It really depends on the answers to two questions: 1) How tight is your budget ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Refinancing a vehicle, longer term with extra in the kitty, or shorter term and just make scheduled payment? ### Answer: Refinancing a car for anything other than lowering the rate is not a good idea....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Accounting for currency depreciation ### Answer: Yes - it's called the rate of inflation. The rate of return over the rate of inflation is called the real rate of return. So if a currency experience...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Remitting Money To India Towards Home Loan Repayment ### Answer: If you are still Indian Citizen for Tax purposes, then all your Global Income is taxable [There are certain exemption if you are in cer...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Resources on Buying Rental Properties ### Answer: In no particular order - to help you on deciding whether to invest or not: Building Wealth One House at a Time Buy & Rent Foreclosures: 3 Million Net ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Resources on Buying Rental Properties ### Answer: The book HOLD: How to Find, Buy, and Rent Houses for Wealth by Chader et al. was one of the best I've read on the subject. It has all of the basics, e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Resources on Buying Rental Properties ### Answer: I would also suggest finding the training resource within your state for real estate agent license exam prep... When I was getting started, I took th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I get the car refinanced under my name if my girlfriend signed for the loan? ### Answer: The best solution is to "buy" the car and get your own loan (like @ChrisInEdmonton answered). That bein...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I get the car refinanced under my name if my girlfriend signed for the loan? ### Answer: You should have her sell it to you for the amount of the outstanding loan. You take out a loan in your ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I get the car refinanced under my name if my girlfriend signed for the loan? ### Answer: Your best bet would be to add your name to the title through the bank or have her sell it to you for th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to pay for Alzheimer's care? ### Answer: The cost of Alzheimer's care depends on the facility that provides this care. Specialized facilities usually have higher costs than general geriatric care ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to pay for Alzheimer's care? ### Answer: See Paying for Care | Caregiver Center | Alzheimer's Association. Notable excerpts: For most individuals 65 or older, Medicare is the primary source of h...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are my tax-advantaged investment options at a university job? ### Answer: Yes. Two years after your first contribution to the SIMPLE IRA, you can roll it to a traditional IRA. You can still cont...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Historical data files for NYSE/NASDAQ daily open/close price data? ### Answer: I think Infochimps has what you are looking for: NYSE and NASDAQ. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Historical data files for NYSE/NASDAQ daily open/close price data? ### Answer: Another possibly more flexible option is Yahoo finance here is an example for the dow.. http://finance.yahoo.com/q/hp?s=%...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can one find intraday prices for mutual funds? ### Answer: Mutual funds don't have intraday prices. They have net asset values which are calculated periodically (daily or weekly or any other per...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can one find intraday prices for mutual funds? ### Answer: This idea does not make sense for most mutual funds. The net asset value, or NAV, is the current market value of a fund's holdings, min...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can one find intraday prices for mutual funds? ### Answer: Like others have said, mutual funds don't have an intraday NAV, but their ETF equivalents do. Use something like Yahoo Finance and sear...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can one find intraday prices for mutual funds? ### Answer: Look at morningstar holdings.It will list the top 25 holdings and their current price.This will give you a good idea of the intra-day p...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are REIT worth it and is it a good option to generate passive income for a while? ### Answer: One way is to think of a REIT as a fully managed portfolio of real estate investments. Risks and returns a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are REIT worth it and is it a good option to generate passive income for a while? ### Answer: In financial markets, the gains you can expect to make (whether in the form of dividends or capital gains)...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are REIT worth it and is it a good option to generate passive income for a while? ### Answer: There are tax strategies you could take advantage of if you own the property. Find local real estate inves...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are REIT worth it and is it a good option to generate passive income for a while? ### Answer: Other individuals answered how owning an REIT compares to an individual real estate investment, but did no...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best approach to save money for College for three kids? ### Answer: I'm not a 'rule of thumb' guy, but here, I'd suggest that if you can set aside 10% of your income each year for college,...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best approach to save money for College for three kids? ### Answer: In your situation you will be using your normal savings to offset additional funding from student loans or similar finan...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best approach to save money for College for three kids? ### Answer: Live where you live now untill your kids are about to go to college. Then move to Germany and send your children to coll...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to know the probability that a trade is successful? ### Answer: If you had a trading system, and by trading system I mean the criteria setup that you will take a trade on, then once a s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to know the probability that a trade is successful? ### Answer: No. Like Keshlam said, unless you have a crystal ball there is no sure thing. However based on the things you said in you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ways to get individual securities from ETF's ### Answer: ETFs are legally required to publicly disclose their positions at every point in time. The reason for this is that for an ETF to issue shares o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ways to get individual securities from ETF's ### Answer: Save the effort. For personal finance purpose, just use the simple tools. For example, if you like P&G very much but you want to diversify wi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ways to get individual securities from ETF's ### Answer: Assuming that the ETF is tracking an index, is there a reason for not looking at using details on the index? Typically the exact constituents ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will an ETF increase in price if an underlying stock increases in price ### Answer: The ETF supply management policy is arcane. ETFs are not allowed to directly arbitrage their holdings against the m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will an ETF increase in price if an underlying stock increases in price ### Answer: Since the market is in general rather efficient, the price of the ETF will most of the time reflects the prices of t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will an ETF increase in price if an underlying stock increases in price ### Answer: The creation mechanism for ETF's ensures that the value of the underlying stocks do not diverge significantly from t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will an ETF increase in price if an underlying stock increases in price ### Answer: An ETF consists of two componenets : stocks and weightage of each stock. Assuming the ETF tracks the average of the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any Loop Holes for Owner Occupancy? ### Answer: There are 2 and 3 family houses that have an "owner occupied" clause for certain financing. Of course, one would rent out the extra apartments without q...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What ETF or other security tracks closest to 30 year mortgage rates? ### Answer: TBF - Proshares short 20+ Year Treasury The TBF fund is designed to track (hopefully) 100 percent of the inverse daily...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What ETF or other security tracks closest to 30 year mortgage rates? ### Answer: Mortgage rates tend to track the yield on the 10-year Treasury note. The CBOE Interest Rate 10-Year T-Note, TNX, is a s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a good forum where I can discuss individual US stocks? ### Answer: I would recommend looking at The Motley Fool. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a good forum where I can discuss individual US stocks? ### Answer: If it's an active stock, the Yahoo message boards are inhabited by some clueful people. But the signal-to-noise ratio is re...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a good forum where I can discuss individual US stocks? ### Answer: I've used Wikinvest before and think that's close to what you're looking for - but in Wiki-style rather than forums. Other...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a good forum where I can discuss individual US stocks? ### Answer: I use the forum seeking alpha. http://seekingalpha.com/ ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a good forum where I can discuss individual US stocks? ### Answer: The motley fool is one of the best places. Other good communities are Yahoo Finance, Seeking Alpha, and Investors Place. I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Historical P/E ratios of small-cap vs. large-cap stocks? ### Answer: There is most likely an error in the WSJ's data. Yahoo! Finance reports the P/E on the Russell 2000 to be 15 as of 8/31/11 and S&P...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a good way to keep track of your credit card transactions, to reduce likelihood of fraud? ### Answer: The best way is to retain the charge slips. After you are done for the month you can disca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a good way to keep track of your credit card transactions, to reduce likelihood of fraud? ### Answer: Sign up for alerts. Everytime you use your card, you'll get an alert. That way if there ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a good way to keep track of your credit card transactions, to reduce likelihood of fraud? ### Answer: There are some tools that might help you. For example, I have an "Expense It" application ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a good way to keep track of your credit card transactions, to reduce likelihood of fraud? ### Answer: One trick is to make all purchases end in a particular number of your choosing, say "3". F...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a good way to keep track of your credit card transactions, to reduce likelihood of fraud? ### Answer: Read your bill, question things that don't look familiar. People who steal credit card num...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Separating money in bank account without opening another account ### Answer: There are some banks that offer "pot" accounts like this (off the top of my head I think Intelligent Finance does, although...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Source(s) for hourly euro/usd exchange rate historic data? ### Answer: See the FX section of the quantitative finance SE data wiki. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When I pay off my mortgage loan, what would really happen? ### Answer: The underlying investment is usually somewhat independent of your mortgage, since it encompasses a bundle of mortgages, and not o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What kinds of exchange-traded funds (ETFs) should specifically be avoided? ### Answer: Stay away from leveraged or synthetic ETFs. This answer talks about why leveraged ETFs are dangerous. There are n...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What kinds of exchange-traded funds (ETFs) should specifically be avoided? ### Answer: One of the key things to look for is trading volume. I think the price spread will be better on high volume ETFs...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What kinds of exchange-traded funds (ETFs) should specifically be avoided? ### Answer: As with ANY investment the first answer is....do not invest in any that you do not fully understand. ETF's are v...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Passive vs. active investing past performance comparison/data? ### Answer: The Telegraph had an interesting article recently going back 30 years for Mutual's in the UK that had beaten the market and t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I switch to this high rate checking account for my emergency fund? ### Answer: I do this, and as you say the biggest downside is not having a separate account for your savings. If you're the t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I switch to this high rate checking account for my emergency fund? ### Answer: Check out the "rewards checking" accounts listed on this thread at fatwallet finance forums. You could easily get ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I switch to this high rate checking account for my emergency fund? ### Answer: If you're relatively certain that you're going to meet the requirements, it sounds like a good move for you. The #...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I switch to this high rate checking account for my emergency fund? ### Answer: I would also check into whether you can keep using your credit card instead of switching to a debit card tied to y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to be subject to cash withdrawal even if you don't use ATM? ### Answer: Probably not. I say probably because your credit card's terms of service may treat certain purchases (I'm thinkin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax considerations for selling a property below appraised value to family? ### Answer: Is this legal? Why not? But you might have trouble deducting losses on your taxes, especially if you sell to some...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax considerations for selling a property below appraised value to family? ### Answer: Is this legal? If the purpose of the sale at that price is to defraud somebody else, you could have a legal issu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay down on second mortage when underwater? ### Answer: I'd split whatever cash flow you have between saving money and paying down the 20% loan. The fact that you are carrying an unrealized loss isn't...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay down on second mortage when underwater? ### Answer: You're welcome to throw in the towel and stop paying any time you want. You'll just suffer the consequences of doing so. It sounds like you're ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay down on second mortage when underwater? ### Answer: If you're planning to walk away from the house - don't invest any more money in it. Just be aware of the consequences. It may be worth consideri...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay down on second mortage when underwater? ### Answer: I think everyone else answered before you added the info about your car loan in your comment. While it makes sense to pay off loans with the hig...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay down on second mortage when underwater? ### Answer: Well, I suppose it depends on your idea of a "lost cause". Are you planning to lose the house to foreclosure? If so, then yes, it's a lost caus...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay down on second mortage when underwater? ### Answer: There are programs out there which will let you refinance even when underwater, under the Government's HARP program. You are overpaying by nearl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I deduct interest and fees on a loan for qualified medical expenses? ### Answer: IRS Publication 502: Medical expenses are the costs of diagnosis, cure, mitigation, treatment, or prevention of dis...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is there so much interest on home loans? ### Answer: APR stands for "annual percentage rate." This means when you see a loan with a 6% rate, it is 6% per year. On a $100,000 mortgage, where you a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is there so much interest on home loans? ### Answer: Interest rates are always given annually, to make them comparable. If you prefer to calculate the rate or the total interest for the complete t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: what is shareholders' Equity in balance sheets? ### Answer: Shareholder's Equity consists of two main things: The initial capitalization of the company (when the shares were first sold, plus extra sha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dad paying for my new home in cash. How can I buy the house from him? ### Answer: You are going to need a lawyer anyway so check with him. But here is a path you might be able to go down. Put the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dad paying for my new home in cash. How can I buy the house from him? ### Answer: You have four basic options. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dad paying for my new home in cash. How can I buy the house from him? ### Answer: Presumably this house is a great deal for you for some reason if you are willing to go to great lengths such as these ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dad paying for my new home in cash. How can I buy the house from him? ### Answer: we have little money in cash for a down-payment This is a red flag to me. If you have little money in cash for a down-...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dad paying for my new home in cash. How can I buy the house from him? ### Answer: There are quite some options, but without additional information, I can only provide examples. Last year I had the opt...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off car loan entirely or leave $1 until the end of the loan period? ### Answer: If I were you, I would pay off the car loan today. You already have an excellent credit score. Practically speaking...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off car loan entirely or leave $1 until the end of the loan period? ### Answer: a link to this article grabbed my Interest as I was browsing the site for something totally unrelated to finance. Y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off car loan entirely or leave $1 until the end of the loan period? ### Answer: There's two scenarios: the loan accrues interest on the remaining balance, or the total interest was computed ahead ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off car loan entirely or leave $1 until the end of the loan period? ### Answer: Not sure if it is the same in the States as it is here in the UK (or possibly even depends on the lender) but if you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off car loan entirely or leave $1 until the end of the loan period? ### Answer: In some states there are significantly higher automobile insurance costs and higher coverage requirements for vehicl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off car loan entirely or leave $1 until the end of the loan period? ### Answer: As an FYI, working for a lending company, I can tell you many have a dollar amount limit that they'll just write off...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off car loan entirely or leave $1 until the end of the loan period? ### Answer: what you aim to do is a great idea and it will work in your favor for a number of reasons. First, paying down your l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off car loan entirely or leave $1 until the end of the loan period? ### Answer: Nobody outside of the credit scoring agencies know exactly what goes into the scoring formula. That said, I don't th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off car loan entirely or leave $1 until the end of the loan period? ### Answer: Among the other fine answers, you might also consider that owning a vehicle outright will free you from the requirem...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off car loan entirely or leave $1 until the end of the loan period? ### Answer: I used to work for Ally Auto (formerly known as GMAC) and I'd advise not to pay off the account unless you need to f...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How should I choose an additional retirement investment plan? ### Answer: It's a hard decision to make. Especially without knowing the complete contract details. I would in general stay away from fina...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you explain why these items are considered negatives on my credit report? ### Answer: Creditworthiness is proven over time. The longer your track record of making payments on time, the more probab...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you explain why these items are considered negatives on my credit report? ### Answer: Consider that however high your credit score gets, there is a 'worst piece of it'. The automated software will...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you explain why these items are considered negatives on my credit report? ### Answer: I'm going to give the succinct, plain language version of the answers: 1. Your oldest active credit agreem...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you explain why these items are considered negatives on my credit report? ### Answer: 1. Your oldest active credit agreement is not very old This is fairly straight forward. If you've not been exp...