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<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> What to do if my aging father is sustaining a hobby that is losing several thousand dollars every month? [/INST] You've already counted the cost. It will cost your f...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> What to do if my aging father is sustaining a hobby that is losing several thousand dollars every month? [/INST] If this was going on in the UK, I would tr...
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> What to do if my aging father is sustaining a hobby that is losing several thousand dollars every month? [/INST] How about opening a Coffee shop sectio...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> What tax rules apply to selling of digital goods, specifically in-game currencies? [/INST] Believe it or not, unless you directly contact an accountant with experience in this field or a lawyer, you may have a...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> What is the field “Folio” in an accounting book for? [/INST] It's used as a reference column: In journals folio coloumn is used to mention the reference or “address” of ledger in which the j...
<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> How much can you write off on a car lease through a LLC? [/INST] An expense is an expense. You can deduct your lease payment subject to some limitations, but you don...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> Is there a difference between managerial accounting and financial accounting? [/INST] From Wikipedia: Managerial accounting is used primarily by those with...
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> How to register LLC in the US from India? [duplicate] [/INST] Wyoming is a good state for this. It is inexpensive and annual compliance is minimal. Alt...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> How can a company charge a closed credit card? [/INST] If this is a pre-authorized automatic billing, and if you have signed any contract with the merchant, cancelling may not block any future charges from the...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> How can a company charge a closed credit card? [/INST] You should contact the Company who purchased your visa balance and ask/write the following questions: 1. Dispute the charge from Emusic...
<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> How can a company charge a closed credit card? [/INST] Wow, I had never heard of this before but I looked into it a bit and Mikey was spot on. It seems that if you d...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> How long does a bank's “Know Your Customer” (KYC) process typically take? [/INST] The idea is to positively identify you with properly issued government ID...
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> Sage Instant Accounts or Quickbooks? [/INST] The company I work with uses Intuit QuickBooks Online and have had zero problems with it. The functionalit...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> Sage Instant Accounts or Quickbooks? [/INST] Note: Specific to UK. I can't recommend anything higher than Crunch - they act as your accountant and have their own cloud accounting software, so it's more expensi...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> Asset protection: When should an individual seriously consider shielding their assets? [/INST] If your meaning of "asset protection" is buying gold and canned food in the name of a Nevada LL...
<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> What prevents interest rates from rising? [/INST] A lot of loans are taken out on a fixed rate basis, so the rate is part of the contract and is therefore covered by...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> What prevents interest rates from rising? [/INST] Interest rates are market driven. They tend to be based on the prime rate set by the federal reserve bank...
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> What prevents interest rates from rising? [/INST] To protect yourself from an increase in interest rates get a fixed rate loan. The loan terms: interes...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> What prevents interest rates from rising? [/INST] There do not appear to be any specific legal measures to prevent bankruptcies. In fact, they seems to be part of the means for which rates are raised, for the ...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> Sales Tax Licence/Permit - When is it required and how can I make a use of it as a non-US resident selling in USA? [/INST] Sales tax permits come from the state in which your business is ope...
<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> Sales Tax Licence/Permit - When is it required and how can I make a use of it as a non-US resident selling in USA? [/INST] Disclaimer: I am not a tax specialist You ...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> Is expense to freelancers tax deductible? [/INST] Yes, legitimate, documented, expenses are written off against that income. </s>
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> Is expense to freelancers tax deductible? [/INST] If it's a legitimate cost of doing business, it's as deductible as any other cost of doing business. ...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> Is expense to freelancers tax deductible? [/INST] Yes, but make sure you issue a 1099 to these freelancers by 1/31/2016 or you may forfeit your ability to claim the expenses. You will probably need to collect ...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> What IT form to use in India? [/INST] As you have income from Business / Profession, you would need to use form ITR4S </s>
<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> Can dividends be exploited? [/INST] Yes, somebody could buy the shares, receive the dividend, and then sell the shares back. However, the price he would get when he ...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> Can dividends be exploited? [/INST] The moment the dividend is announced, especially from a company that doesn't normally pay dividends, the dividend is fa...
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> Can dividends be exploited? [/INST] No, the dividends can't be exploited like that. Dividends settlement are tied to an ex-dividend date. The ex-divide...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> Can dividends be exploited? [/INST] In an ideal world Say on 24th July the share price of Apple was $600. Everyone knows that they will get the $ 2.65 on 16th August. There is not other news that is affecting ...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> Can dividends be exploited? [/INST] In addition to the other answers it's also noteworthy that the stock exchanges themselves adjust the price quotes via their ex-div mechanism. All limit or...
<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> How to prevent misusing my Account details [/INST] This is more legal and less personal finance question. You should immediately lodge a police complaint mentioning ...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> Why does the Brexit cause a fall in crude oil prices? [/INST] Uncertainty has very far reaching effects. Oil is up ~100% since February and down ~40% from ...
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> Why can't I short a stock that sells for less than $5? Is there another way to “go short” on them? [/INST] I think George's answer explains fairly well...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> Why can't I short a stock that sells for less than $5? Is there another way to “go short” on them? [/INST] A bit of poking around brought me to this thread on the Motley Fool, asking the same basic question: I...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> Why can't I short a stock that sells for less than $5? Is there another way to “go short” on them? [/INST] Timothy Sykes specializes in this type of trade, according to his website. He has s...
<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> Why can't I short a stock that sells for less than $5? Is there another way to “go short” on them? [/INST] If this is the initial transaction, the rules of a short m...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> Tax exemption on personal loan interest component in India [/INST] Am I eligible for the tax exemption if yes then under which section. Generally Personal ...
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> Is having a 'startup fund' a good idea? [/INST] Saving money for the future is a good thing. Whether spending those savings on a business venture makes...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> Is having a 'startup fund' a good idea? [/INST] I am asking because startups are super risky and 99% of the times you fail and lose the money. First of all, that 99% number is exaggerated. Only 96% of companie...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> Supporting a Kickstarter project: Should a customer's pledge payment include sales tax, e.g. GST/HST in Canada? [/INST] You can only claim an input tax credit if tax was actually collected b...
<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> Are marijuana based investments promising, or just another scam? [/INST] Is there any truth to this, or is this another niche scam that's been brewing the last few y...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> Are marijuana based investments promising, or just another scam? [/INST] Any advertisement for a "business opportunity" is nearly always a scam of some kin...
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> Does a US LLC owned by a non-resident alien have to pay US taxes if it operates exclusively online? [/INST] As you said, in the US LLC is (usually, unl...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> Does a US LLC owned by a non-resident alien have to pay US taxes if it operates exclusively online? [/INST] Since as you say, an LLC is a pass-through entity, you will be making income in the U.S. when you sel...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> Buying from an aggressive salesperson [/INST] In my experience when a salesperson says a particular deal is only good if you purchase right now, 100% of the time it is not true. Of course I ...
<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> Buying from an aggressive salesperson [/INST] There are few main reasons I can think of that the salesperson would do this: A lot of people assume it's the 3rd optio...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> Buying from an aggressive salesperson [/INST] This is way too long for a comment, so I am posting this as an answer. My bet is that you're buying a new pia...
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> Buying from an aggressive salesperson [/INST] I often spend weeks or months (and sometimes even years) deciding whether to buy something. Certainly the...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> Buying from an aggressive salesperson [/INST] My advice is to quit worrying about the salesman's tactics. They are a distraction. What do you want? How much are you willing to pay for it. If you want the instr...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> Buying from an aggressive salesperson [/INST] I have a very simple rule. For anything other than trivial purchases (a small fraction of my monthly income), the only final decision I will mak...
<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> Buying from an aggressive salesperson [/INST] From your question and how you have framed it, I get you find Agressive Sales tactics disturb the buying process for yo...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> Buying from an aggressive salesperson [/INST] He sounds like a very bad salesman and I should know, because I was a sales manager at a bike shop which sold...
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> Buying from an aggressive salesperson [/INST] As described by the other answers, there are pretty harmless explanations for that behaviour. You could b...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> Buying from an aggressive salesperson [/INST] If something in any transaction in life—financial or otherwise—doesn’t make you feel comfortable and the choice is between saving money with one thing versus anoth...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> Would extending my mortgage cause the terms to be re-negotiated? [/INST] Run the numbers in advance. Understand what are the current rates for an additional 2nd mortgage, what are the rates ...
<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> Landlord Tax Relief Changes UK [/INST] This article on the landlord website Property118.com shows a simple example, demonstrating that a private landlord with a mort...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> Are there any viable alternatives to Paypal for a small site? [/INST] I found out about Google checkout today, it looks like it may meet my needs, but I'd ...
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> Are there any viable alternatives to Paypal for a small site? [/INST] While I've never used the service, there's also Amazon Flexible Payments Services...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> How do I report book royalties for tax purposes? [/INST] (Insert the usual disclaimer that I'm not any sort of tax professional; I'm just a random guy on the Internet who occasionally looks through IRS instruc...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> Do I live in a state for tax purposes if my permanent home is in another state? [/INST] You're most likely required to file in both for 2013 - since you've lived in both. From 2014 and on yo...
<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> 183 day rule in conjunction with expatriate [/INST] There's no "183 days" rule. As a US citizen you must pay taxes on all your income, where you live is irrelevant. ...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> Would I need to keep track of 1099s? [/INST] You have to file and issue each one of them a 1099 if you are paying them $600 or more for the year. Because y...
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> Receiving important daily wires from abroad? [/INST] You can receive all the Money in your Bank. By Problem if you mean whether it will raise any alarm...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> Reporting software subscriptions [/INST] Generally prepaid services should be capitalized over the period prepaid. But if it is up to a year - you can just expense them. As to the technicalities - you can cont...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> Can you lease a secondary residential apartment for a job in NYC, and declare it as expense in tax return? [/INST] As I understand it... Generally housing can't be considered a business expe...
<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> Does the low CAD positively or negatively impact Canadian Investors? [/INST] If you buy US stocks when the CAD is high and sell them when the CAD is lower you will m...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> Does the low CAD positively or negatively impact Canadian Investors? [/INST] At the time of writing, the Canadian dollar is worth roughly $0.75 U.S. Now, i...
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> Does the low CAD positively or negatively impact Canadian Investors? [/INST] When you want to invest in an asset denominated by a foreign currency, you...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> Credit and Debit [/INST] It took me a while to understand the concept, so I'll break it down as best as I can. There are three parts to the accounting equation: Assets = Liabilities + Owner's Equity We'll look...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> Credit and Debit [/INST] In view of business, we have to book the entries. Business view, owner and business are different. When capital is invested in business by owner, in future business ...
<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> 1099 for settlement what about lawyer fees? [/INST] You report it as an expense against the 1099 income when you do your taxes. You will only be taxed on the amount ...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> Individual Client or Customer fining or charging a Company a penalty fee [/INST] What's the primary factor keeping a consumer from handing out fees as libe...
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> Tax intricacies of MLP in a Roth IRA [/INST] You seem to have it right. Unless you have a big position, having MLP shares in your IRA will not cause yo...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> I am a Resident Alien for tax purposes. Can I claim exemptions from the India - US Tax Treaty (21)? [/INST] I was able to find several references that claim that the Indo-US treaty provision is limited to five...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> Loan to S-Corp cannot be paid back, how to deduct from personal taxes? [/INST] Once the business is shut down, you'll need to show that the corporation is in bankruptcy and the amounts are u...
<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> Mortgage implications if I were to quit my job shortly after being approved? [/INST] You mention that you would quit right after getting approved. But in the United ...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> Can my U.S. company do work for a foreign company and get wire transfers to my personal account? [/INST] It seems that you're complicating things quite a b...
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> What tax-free retirement accounts are available for self-employed individuals? [/INST] You can open a self-employed 401k, here's an example. You can de...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> How to know more about my tax situation in the States [/INST] The LLC (not you) is probably in debt to the California FTB. Any LLC registered in California must pay at least $800 a year, until it is officially...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> Beyond RRSP deductions, how does a high income earner save on taxes? [/INST] That's not especially high income, and while I can't speak for Canadians, most of us south of the border just pay...
<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> Freelance trading of products in India [/INST] For most goods there is no license required, unless you are trading in restricted goods. Remittance need to be routed ...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> Cost is (maybe) part of basis for two assets [/INST] For accounting purposes, consider the costs of acquisition as part of the cost of the asset as opposed...
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> Online tool to connect to my bank account and tell me what I spend in different categories? [/INST] I'm not convinced this is completely possible witho...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> Online tool to connect to my bank account and tell me what I spend in different categories? [/INST] I use Banktivity. It's very much not free, but it automatically downloads all my bank and credit card activit...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> Receive credit card payment sending my customer details to a credit card processing company? [/INST] Yes, there are a bunch. I have used Paypal and it worked quite nicely. I see endless ads ...
<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> Obtaining California SOS number for out-of-state LLC [/INST] SOS stands for Secretary of State. The California Department of State handles the business entities regi...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> How to categorize credit card payments? [/INST] Using the Transfer category is the best place to put these categories, as that accurately reflects what the...
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> Can an Indian citizen/resident invest in a US company and collect the profits in India? [/INST] Every month I will get a return in from my share of the...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> What would happen if the Euro currency went bust? [/INST] Each country would have to go back to its own currency, or the rich countries would just kick the poor ones out of the EU. It would be bad for the poor...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> What would happen if the Euro currency went bust? [/INST] These rumors are here just to help dollar stay alive. Euro have problems, but they are rather solvable, unlike dollar situation. Eve...
<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> What would happen if the Euro currency went bust? [/INST] If the Euro went bust then it would be the 12th government currency to go belly up in Europe (according to ...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> What would happen if the Euro currency went bust? [/INST] I'd have anything you would need for maybe 3-6 months stored up: food, fuel, toiletries, other in...
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> What would happen if the Euro currency went bust? [/INST] Krugman (Nobel prize in Economy) has just said: Greek euro exit, very possibly next month. Hu...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> What would happen if the Euro currency went bust? [/INST] The result would be catastrophic. The almost-reserve currency would collapse which would produce a medium sized depression, perhaps same with with 2008...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> How does LLC ownership work in relation to U.S. tax law? [/INST] It really depends. If it is offered as compensation (ie in leiu of, or in addition to salary or cash bonus) then it would be ...
<s>[INST] <<SYS>> Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited. <</SYS>> S Corp with Straddles Income [/INST] If this activity were to generate let's say 100K of profit, and the other corporate activities also generate 100K of revenue, ar...
<s>[INST] <<SYS>> Offer your insights or judgment on the input financial query or topic using your financial expertise. Reply as normal question answering <</SYS>> Executor of will [/INST] I strongly doubt that being executor will make the assets of the estate vulnerable to a suit against him personally. The estate is...
<s>[INST] <<SYS>> Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open. <</SYS>> Executor of will [/INST] The creditors will not be able to go after his father's estate (assuming the father had nothing to do with the business), but ...
<s>[INST] <<SYS>> Share your insights or perspective on the financial matter presented in the input. <</SYS>> Online streaming video/audio financial/stock programs [/INST] The CNBC site is littered with videos. Whenever I click a link to one of their articles, it seems to be a video instead. Not like having the channe...
<s>[INST] <<SYS>> Offer your thoughts or opinion on the input financial query or topic using your financial background. <</SYS>> What does this statement regarding put options mean? [/INST] The trader has purchased 1095 options, each of which is a contract which entitles him to sell 100 shares of Cisco stock for $16 a...