This Giant Cat Still Loves To Climb Up Onto His Owner’s Lap

This is Tihon and he is a Maine Coon cat. Maine Coons are known for their massive sizes, and Tihon is no different. He loves cuddles and even though he grows bigger and bigger, he still wants to be held by his owner! His name is coming from the Russian word for ‘quiet’ as he i

Option implied volatility and 95% losing trades?

With options, time is not on your side because they depreciate. They are a race against time. Investing is hard enough but making money with options is even harder. I only trade options a few times per year only to make an extra 3-5% alpha per year.Optio

Call Option: Is in-the-money term same for Seller vs Buyer?

The Intrinsic Value of an option refers to how much in-the-money the option is.For a call, it's the Current Price of the underlying less the Strike PriceFor a put, it's the Strike Price less the Current Price of the underlying For

How are retail forex brokers different from betting shops?

Both lose when their clients win.Not true at all.I used a retail forex broker for several years to hedge currency risk that I had from cryptocurrency trading on multiple fiat markets. What I was doing was effectively arbitr

Will rising interest rates boost financial stocks?

Such a question is not directly answerable because there are many factors that go into a bank's profitability, but here's something to consider:Bank's don't make more profit just because the federal interest rate is higher. Banks must pay i

Why doesn’t the stock price fall after the record date for a company splitting stock?

That's not how splits (or dividends) work. If you own one share of stock worth $100 and it does a 4-1 split, you will (eventually) have 4 shares worth $25 each. Anyone who buys stock before the split is effective gets the $100 shares; anyone who buys shares after th

Selling Covered Calls p/l

thought my total p/l would be 0.05c lost per share (-$5) + premium I received for the call (+$10) making the total +$5. Is this math correct?I'm guessing that the call has not expired, but it is now worth less than $0.10 and more t

Are there any investment strategies which take advantage of an in-the-money option price that incorporates no "time value"?

Options can have a negligible time premium. For American1 calls the time premium is never negative. If it had a negative premium it would be profitable to exercise it immediately.A deep in the money call has a delta of exactly one. That is, it's

Is a broker's fee equivalent to one month's rent reasonable in San Francisco?

Just like purchasing a place the brokers/agents have to be paid for their service. If they represent you and if they are finding you place that is being rented by individual owners they may also be getting money from the owner of the property, or splitting

Why should investors care about the interest rate risk, if they only care about the money they have at retirement?

He didn't lock in a growth rate of 4%. He locked in a yield of 4%. That's the amount the bond pays in interest on his original investment each year. If he just spends that money the bond will continue to pay 4% each year, but there'

Most effective Fundamental Analysis indicators for market entry

Unfortunately, there is very little data supporting fundamental analysis or technical analysis as appropriate tools to "time" the market. I will be so bold to say that technical analysis is meaningless. On the other hand, fundamental analysis has some merits. For ex

Relevance of indicators like RSI for long-term investing

I am more of a value investor but dabble in technical analysis, so let's see if we can figure this out.Technical analysis, which involves using indicators such as RSI and CCI, is generally used for short term investing. This isn't to say that it is not usef

What, if any asset classes, were contrarily correlated during crash of 2008

Also, over a span of fifteen years, say 2000-2015, how would a "diversified" portfolio fared vs a portfolio primary comprised of stock index ETFs?An interesting useful site for this is:

Investment vs Income Tax

Best of all the options is Provident Fund. Amount invested, interest and maturity is all exempted from income tax. Interest amount compounds annually. As a private employee, you would already have EPF (Employee Provident Fund) to w

Linking Android to Chromebook Gnucash

Probably not. GNUcash is a software, not a cloud service.At least the version of GNUcash I use (Linux) does not support anything except local file systems.The closest to what you could have is to store the GNUcash file in Google Drive. At least the

If options gives you the RIGHT but not the OBLIGATION to exercise them, then why are they being forcefully exercised if they expired in the money?

Regarding automatic exercise, brokers do not automatically exercise the options. In the US, if an option is one cent or more in-the-money (ITM) at expiration, the Option Clearing Corp (OCC) will automatically exercise options whether they are long or short. This is

Calculating a company's PE value

Assuming:nothing at the company changesthe two current owners are 50/50 partnersthe $45k net earnings is distributed to the owners each yearBuying 1% of the company for $10,000 puts a million dollar ($1,000,000)

Is backtesting only for disproving trading strategies rather than "proving" them?

Backtesting has a problem with overfitting the data. Two ways to combat this are out-of-sample testing and forward testing.

After you sell a put option that you initially bought from an option writer, are you still responsible for buying the shares if it's exercised?

Let's say you buy a put option for 100 shares at a strike price of $100 for a company XYZ that has a stock price of $100.So now you have an option.If you believe the price will go up to $120 and sell the option

Does it make sense as a long-term investment to sell Put Options of a Bonds ETF?

For this to work, there obviously must be a bias for the share price of the ETF to go up long-term.It doesn't have to go up - as long as the price doesn't decline below your strike it could trade sideways or even go down some

Is 6% too high to trade stocks on margin?

6% isn't "too high" in terms of market rates at the moment, however it's a very subjective question whether it's too high for you. The real question to determine is if paying 6%, can you make more than 6% return (to cover the costs plus your profit)?As for

Should a strategy backtested against three years of tick data continue to produce positive results?

The proof is what it does with 750 randomly selected trading days, over and over again. In other words how does it do over a three year period of time, starting with any day randomly selected with a random time step. Based on several thousand "seasons" of d

What would a stock be worth if dividends did not exist?

Unrealistic assumption, but I'll play along.Ultimately, dividends would exist because some innovative shareholder of some company, at some time, would desire income from their investment and could propose the idea of sharing the profit. Lik

Investing $50k + Real Estate

I would say that, for the most part, money should not be invested in the stock market or real estate. Mostly this money should be kept in savings:I feel like your emergency fund is light. You do not indicate what your expenses are per month, but unless yo

How can one protect oneself from a dividend stock with decreasing price?

An alternative options strategy to minimize loss of investment capital is to buy a put, near the money around your original buy price, with a premium less than the total dividend. The value of the put will increase if the stock price falls quickly.Likely, a

Very basic question regarding taxes

Your question can be understood in two different ways (or a mix of both):First option: You are asking why you agreed on a salary of $15,000 annually with your employer, when in the end he subtracts taxes from it and you get only $12,000 in

Is it worth to pay for TurboTax when filing one W2?

It's worth it to actually know how to do taxes for real. On paper, following the instructions yourself. This is a great time to learn, because you get to learn the new version of the forms. You can hit the library and get copies of the popular pa

How Should I Start a Savings?

The very first thing you should do, and something you can do right now, is to set up a savings account, and an automatic transfer into that savings account.Yes, a savings account will likely only earn you a pittance.However, having

Should I open a new checking account at another bank?

There's no problem in having multiple checking accounts, and separating out the activities of building the house for your parents is probably a good idea. (I've got three checking accounts.)Presumably you'll be depositing Large checks, so an onlin

To access an account and make money transfer

You asked, Is this legal?There is likely no law preventing your friend from giving you his credentials, however it's almost 100% certain that your friend's financial institution has a user agreement regarding use of thei

Can you purchase medical/dental insurance after you know you will use it?

The Manulife link you provided says: Your coverage is guaranteed with no medical questions when you apply and pay your first premium within 90 days of your employee benefits ending.That implies that for new cove

What would most likely happen if you owed money to a business upon completion of a service but realised that you don't have a way to pay?

It doesn't matter if your form of payment was lost, stolen, declined, temporarily misplaced, forgotten at home, or borrowed temporarily by a family member; that is your problem not theirs. You requested services and they delivered on the expectation of payment upon

Ways to save for child's college education where one need not commit to set contributions?

529 plans. They accumulate earnings over time and by the time your child goes to college you will be able to withdraw funds for college TAX FREE. The best part about 529s is that there are several different options you can choose from, and you aren

Should market based health insurance premiums be factored into 6 months emergency fund savings?

Yes, you should budget some amount of your emergency fund for healthcare expenses. How much you budget is really dependent on your particular anticipated costs. Be aware that health insurance likely costs significantly more than your employer charges you for acces

Investments and Equity

You need to be clear about who gets your money:If you pay the existing owner $25K and (s)he gives you half the business, then you now own half of a $50K business an the original owner has an extra $25K in spending cash. The value

Is investing this time in a startup worth it?

The problem is that he can only provide us about 1.5-3% maximum of equity of the company.If you get paid enough to do the job you shouldn't care what the equity percentage is; then you can think of equity as a bonus.Eve

Stock options and cash settlement

When you exercise the ITM option, the shares will delivered into your account. If you don’t have enough money to buy the shares, your brokerage should front you the margin. You only get cash when you sell the option or sell the shares for a profit.

What % of the average daily volume of a stock can be purchased without affecting the price of the stock significantly?

There's no way to definitively answer the question other than to say that less liquid stocks are more apt to move in price than more liquid stocks. Each day, it depends on the buy/sell dispersion in the order book. Given that, let's go with your numbers and make

Where does all the money go during a crisis?

Other answers have made some points about money but if you consider your example and stop at the first step in your reasoning, you might get another insight about the nature of the current recession. If airlines stop flying, nobody gets from A to B, that's a service

Is 401k matching unfair to lower-paid employees?

From the employer to employee relationship perspective, one could argue that no, it is not unfair to have percentage based matching, at least by comparison to the fact that oftentimes bonuses and raises are also granted as a percentage of salary.However, unl

highest and lowest in aftermarket seems extreme?

For every trade that occurs, there is a buyer and a seller. Ignoring special circumstances like the seller just needs the money, one of these traders is wrong.Your premise is that the lowest price might be real because everybody tends to buy lower. I'd as

Is losing money on stocks actually simpler than gaining money?

Yes, it is easier to lose money in the stock market, if you are trying to. This has less to do with 'the odds being stacked against you', or something like that, it just has more to do with probability and how 'risk' is defined in finance.Let's assum

Planning on having all bills due on the same day

I currently have 3 credit cards, one of which I virtually never use.I'm planning on calling the companies and asking to change the billingcycle so they end on the last day of each month. This would line upwith my rent so I can pay everything at once.

How can my friend in the U.K. cheaply transfer money to me in Israel?

He can send you a check. This will move the burden of GBP->USD conversion to him (unless the GBP amount is preset, then you'll be the one to pay for conversion either way). You can then deposit the USD check in any Israeli bank (they'll charge commission for the dep

Will this affect my credit

Your credit score is based on many factors, so saying whether your credit will improve or decline because of one action is difficult to say.Your credit score represents both your payment history and your ability to take on MORE debt. So paying your minimum

Am I missing anything from this budget?

If I’m reading this correctly, your budget is equal to your income. In addition, you are talking about spending your entire cash reserves on the house. Both of these are mistakes, in my opinion.Taking out a mortgage, as was suggested in a comment, does not

How can "regular people" get 700k in debt on RobinHood

The trader, holding put-writes and that according to one source, was expected to buy a position larger than the cash in the account. But that position could be immediately sold such that there is merely some amount of loss on the position.So the trader could

Stuck in a debt of 3 credit cards

Do not make any additional debt. You have a serious financial problem now that is you cannot manage your money. With income of 120k you should be able to pay 15k debt each month. You have to list down your expense and cut unnecessary expense. Use that money to pay c

Modelling bank account transfers with double entry accounting

A ledger must be balanced. Period.While your idea of a temporary account to represent Cash-in-Transit or Deposit-in-Transit is an innovative idea, it is not necessary in the context of accounting principle.Once the money left Account A, it is destine

Why don't countries invest?

But if it's so great - why don't countries do it?Oh sure they do. I think you'll find that many countries that have excess oil wealth have decided to invest. For example, see

Best refinance option

Even with my comment, I see this as paying 1/8% more ($22/mo) to avoid PMI ($174) so yes, C is the winner.The question is staying put is a complex one, more so than the A/B/C. Any non-mortgage debt at all? Is your emergency fund ful

Should I re-allocate my portfolio now or let it balance out over time?

As you note, your question is inherently opinion-based. That said, if I were in your situation I would sell the stock all at once and buy whatever it is you want to buy (hopefully some index ETF or mutual fund).According to what I see, the current value of

Is it possible to borrow money to accrue interest, and then use that interest to pay back the borrower + fees?

No. The WSJ prime rate is 4.25%, even the Fed prime rate is 1.75%, way above the 1.20% you'll be making from your savings account. If you are high worth individual with

How do you make money after paying trading fees on a small account?

It's not feasible to day trade with an account worth $100 or $500. Apart from that, in the U.S. you have to deal with the Pattern Day Trader rule. A PDT-er is someone who makes 4 or more day trades (ETFs, options and equities) in 5 business days in a marg

Are there any statutes of limitations on insurance claims?

Statute of limitations varies by state, most are 2 years, according to this article on The Zebra CA gives you 2 years.Wheth

Flash Boys: "That was the tax"

At the top of page 50 it states:Someone out there was using the fact that stock market orders arrived at different times at different exchanges to front-run orders from one market to another.Their program built in delays so

Buy my leased car?

2 bits of advice. Don't ask me any questions about my car. I know it has 4 wheels, and runs on gas. More than that, I don't know (I lied, I know it has a cassette deck), and I don't care. Never take financial advice from a car salesman. Why would you? The

Daily trading: recovering price change as cash, what am I missing?

I don't understand how my ML-based predictor with %80 accuracy can generate $1000 in cash by daily tradingI strongly suspect that your evaluation of the predictor is

Downsides to mortgage refinancing?

It depends on what your objective is. If your objective is to eventually own your home with no mortgage then what you are doing makes no sense:You are adding $12,000 to your debt, presumably because there are “points” (fees paid to get a

Credit score dropped 73 points after applying for a new card?

First thing. Don't panic. The reason why you have a good credit score is so that when you need credit they approve it.Check the dates to make sure that the application for newest credit card, and the creation of the other credit card match the dates you expe

Cheapest Auto Insurance - company compensates other driver in an accident only if I can't

Former rental car employee - your head is in the right place but you're missing one thing. Rental car companies (at least the big green one I worked for years ago) don't sell insurance, they sell a damage waiver. All it's doing is waiving their right to go after y

Is it better to buy this used car from Craigslist or from a dealership?

I do not think you are missing much. One thing you have right is low cost cars depreciate almost nothing. One thing you are missing is your satisfaction index. Driving a 200K car for 4 years requires a bit of motivation when your friends are driving new cars. Ty

How to correctly budget my salary

Make a list of all your expenses. I use an Excel spreadsheet but you can do it on the back of a napkin if you prefer.List fixed expenses, like rent, loan payments, insurance, etc.I include giving to church and charity as fixed expenses, but of cour

How do I figure out who issued a credit card from just the first 4 digits?

The first six digits of the card are known as the BIN (or IIN). They can be used to identify who issued the card, and sometimes what type of card it is. This lookup service would help, but it requires

Can I borrow stock from my IRA?

No. You don't own the shares, a trustee does. You are the beneficiary. While there is little conceptual difference between borrowing cash from an IRA or borrowing shares from an IRA from the perspective of a beneficiary, there is from the trustee's perspective.

Why does the price of the basic (Bull 1x) index ETF fluctuate intra-day?

ETFs trade on stock exchanges throughout the day. This is one of the ways they differ from traditional mutual funds. It is good for liquidity as ETFs can be used by both speculators (e.g., day traders) and long-term investors. The fact that they trade throughout the

Why does buying at market prices (ala index funds) automatically equal to the average investor?

This is a graphic from the Vanguard article @timday referenced.The article itself uses the

AI based penny stock predictor

"Penny stocks" and "long term investing" are contradictions in terms.Be that as it may... I'll make explicit what I wrote before, if you market it properly, people will flood you with money. The world can't beat a path to your door if they don't know your d

When and how would a company make money by taking $1 out of my paycheck and donating it to charity?

When it comes to making financial changes to reduce tax liability, there's (usually) no free lunch. You generally can't save money on taxes without directly or indirectly incurring costs or losing money elsewhere. There are lots of ways to shift things, but not many

Does knowing how much 1 USD was worth in two currencies for a given date mean I can know how much they were worth in relation to each other?

Does that mean that I can calculate how much 1 NOK was worth in MXN on that date?Yes, at least approximately. It's simply the ratio of the two. On that day you can use 9.4015 MXN to buy 1 dollar and use that dollar to buy 7.9640 NO

Why can't you get a loan against your IRA?

If you start a business or you may have one already and you have no employees, you can roll your IRA funds over to a Solo 401(k). You and your wife can contribute

What's stopping me "day-trade" mutual funds?

On the surface there is very little downside. Most people prefer to do this short term trading with stocks or ETFs rather then mutual funds as transactions are immediate, where with mutual funds you trade at day's end. In fact many prefer options as the example 12

What is the benefit of buying a share

Hence to even recover what I have invested it takes me 4 YearsThis is a critical flaw in your reasoning. You are treating the purchase of stock as a "cost" that you have to recover. But if you spend $1,000 on 100 shares o

Considering investing money intended for charitable donations in buying a rental property. Can I realistically make the rental a non profit?

The first thing to remember: Just because something is a nonprofit or a not-for profit doesn't mean it is a charity. A Credit Union is a non-profit, but it isn't a charity.That property could be setup as charity if the property was being used to house home

What is a reasonable return on investing a lump sum equal in value an American suburban house?

It's hard to go wrong with the Bogleheads Three-Fund Portfolio.A three-fund portfolio is a portfolio which uses only basic asset classes — usually a dom

How do you read a Total Returns chart?

First, a few warnings (so that you know what to do if you decide to use in the future the series in the graph you have shared):The series in the graph is actually called "Nikkei 225 Total Return Index", not "Nikkei 225 Total

Does investing more money into stocks increase chances of profit?

I think you are mixing up the likelihood of making a profit with the amount of profit.The likelyhood of profit will be the same, because if you buy $100 worth of shares and the price moves up you will make a profit. If you instead bought $1000 worth of the

How can I diversify $7k across ETFs and stocks?

You don't really have a lot of money, and that isn't a criticism as much as that you are limited to diversification. For example, I would estimate you can only have one or two stocks for a buy-write scheme. Secondly you may be only to buy one fund with a high mini

Is it possible to sell a stock at a higher value than the market price?

You can ask for 305rs, but as long as shares are available at lower prices you won't sell. Only when your ask becomes the lowest available price will someone buy from you.See many past questions about how buyers and sellers are matched by the market.

Selling To Close

Yes, if there is liquidity you can sell your option to someone else as a profit. This is what the majority of option trading volume is used for: speculative trading with leverage. Absolutely. There is no requirement that an option be in-

Would a commercially-owned personal rental property be considered commercial property?

Companies by definition can't take out personal mortgages. They have to take out a commercial mortgage, or other business loan. A residential property would still be a residential property even if a corporation owns it.A corporat

Can you go broke by investing in prime real estate?

If you follow the classical mantra 'location, location, location' and invest in regularly in prime real estate, or, according to your economical level, in a company or fund that does this, what can go wrong?Poor management

Why do banks loan at APR ≤ 3%, rather than investing that principal in ETFs?

The sort answer is because the banks create money through lending, and bank lending is fundamental to a prosperous economy. They are not allowed to create money to invest in equities or ETFs. Investment banking is funded by a bank's funds available for investing.

I’m getting a refund for a product that I did not return

Perhaps the mistake will be caught before they actually refund the money. But if it isn't, and they refund it (presumably to a credit or debit card), I don't think you would "get in trouble" since this was Best Buy's mistake and not yours.The morally correc

Is this method of getting free money viable and consistent with law?

I did this twice many years ago, it was completely legal and it worked for me. I wouldn't do again.Here is what I did:The offer was 0% on balance transfers (no fees) for 2 yearsI applied for a transfer and used my debit card number

2% gain-and-out trading plan on the stock market

Common fallacy ...Every new trader "invents" this idea.You'll simply get closed out as stocks move down.So,I [buy a stock] and each time the stock goes up (even if only 1 moves each month) 2% I sell that stock

Do more people start a new job before the holidays?

I would think the opposite. If I were in a situation where I could pick my start date, unless I was really hard up for money, I wouldn't want to go into the holiday season with a new job that and no vacation time accrued. Who wants to work on Christmas eve?

Alternatives to mortgage for mobile expats

If I were planning to move every few years, I'd seriously consider renting, rather than purchasing.And remember - a home isn't an investment, it's a living expense. Buying is not always better than renting, even if you a

How to sell a stock in a crashing market?

Assuming you are referring to macro corrections and crashes (as opposed to technical crashes like the "flash crash") --It is certainly possible to sell stocks during a market drop -- by definition, the market is dropping not only because there are a larger

If a company reaches 100% market share, will the stock price stagnate?

The market share doesn't matter. The revenue matters, and the profit matters more. 100% market share means the company can still grow if they manage to grow the market. The 100% market share can make it possible to increase revenue and profits even if the market doe

If the market always goes up then why doesn't everybody invest and become rich?

For starters, not everyone has the money to invest because they live paycheck to paycheck so everybody isn't going to win nor are they going to get rich. Even those with a decent middle class income face obstacles. How much money is available to invest w

Claiming More Capital Losses

Yes, that's perfectly legit. Capital losses are anti-income, and are tax deductible in principle... But there are some artificial limits, and the accountant is advising how to avoid those. Nice thing, this deductibility bypasses the annoying $12,000 stand

What are the reasons a private company doesn't want to be on the stock market?

A company that goes public receives money from investors but then becomes partly owned by those investors, including possibly sharing the profit with them. If you don't need a large investment of money to expand your business, then why wou

Why not have stop loss orders on all your stocks?

Stop orders can be used for entry or exit and to protect an unrealized gain or minimize a loss.In broad terms, its usefulness depends on who you are. A value or growth investor is likely to have little use for stop orders since for the most part, their out

Can buying mutual funds that performed best in the past 10 years work?

No.Stock picking is a discipline that is rarely driven by skill. Funds that are in the top quartile for one year often will find themselves in a different quartile over the next years (c.f.

Can you buy out a pink sheet listed company by purchasing all of the outstanding shares?

Depends on the structure of the company and what shares are outstanding. If the pink sheet stock has no voting power then buying all that stock doesn't get you any control at all. On the other hand, if the outstanding shares only represent 20% of the company's ove

Is opening a new credit card worth the potential impact?

Having a backup credit card is a good idea. Last year I had my credit card number cancelled and changed 4 times in 6 months due to fraud. Each time it happened, I was without a credit card for several days while I waited for a new card, and it was inconvenient.

Can I Accept Gold?

You can accept almost anything mutually agreeable to you and the other party as payment. That's the definition of "barter". If you agree to trade manufactured goods for livestock, as long as both parties agree on the terms, I'm not aware of any law that would prohib

401K Market Timing

There is not a hidden cost or tax penalty in a tax advantaged account like your 401(k).Something that you are not considering is the option of allocating a portfolio with other assets like US treasury bonds that tend increase during a stock market correctio

What do we know about elementary financial education at highly ranked schools at the pre-college and early college levels in the US?

As a currently enrolled student in higher education (3rd year) and having lived in the united states for my entire life in a middle class household whilst going through the public school education system for my entirety of grade school years (graduated HS in 2016),

How can we force one of the joint owners of a shared property to sell it?

Get a lawyer. If you're having legal issues - get a lawyer. If you're having contract issues - get a lawyer. If your sister refuses to discuss the matter, I can't imagine how you'll resolve it without going to court. I'd guess that ulti

Paying credit card bill in segments -- good, bad, or neutral?

Even if there was a positive benefit to doing this (which there isn't), realize that utilization history is not tracked on a credit report. When your credit is checked, the current utilization is all that matters, so, the rule of thumb of having under 25% utilizatio

Should I apply for more credit cards?

Simply put, you're applying for too many lines of credit at a time, for the same type of credit, within too short a time period, and without sufficient history. This is not going to help your score and is probably a reason why you were denied. If that denial was t

Is buying a powerful motorcycle on loan is a good idea?

You have two different decisions: whether to purchase the motorcycle in the first place (which also requires insuring it), and if so, how to finance the purchase.The motorcycle you describe sounds like a luxury item and there are probably much less expensiv

How to calculate total interest payments for debt with two interest rates?

You will need to solve this problem iteratively. A spreadsheet is a good tool for iterative calculations.One approach is:Start with the higher of the two interest rates.Compute the monthly payment given that interest rate, the tota

Why is interest paid on the outstanding amount instead of the whole amount of a loan?

In a comment, you provided the following statement - which I feel is critical to understanding where your logic is breaking down (when compared to typical modern lending practices): You can stretch the repayments over multiple years and still

Is there a way to invest money like in lottery, but with a better, maybe even non-negative expected value?

In the UK, there is a government-backed scheme called Premium BondsThe general rule is that your investment in cash terms is guaranteed, and every month each "£1 bond" is entered into a pri

Does a company ever pay back the money to shareholders?

does the company ever have to pay that money back to the shareholders in any way, or is it essentially free money for the company?You pay back loans, but shares are portions of ownership

Moving in together, separate finances

This is almost exactly the situation my partner & I are currently in. There are a few things we took into consideration.Who is responsible for house repairs/improvements?What is the plan after the mortgage is paid off?Does the

received a credit to the card used to purchase a trip —how do I access that amount into my own checking account

Generally, credit card issuing banks will not automatically refund balances in your favor. Policies on how this is handled will vary from bank to bank, but it's typical that they would leave the credit on your account for several months - essentially using it to off

Why do banks park their money at the european central bank instead of buying stocks?

Regulatory restrictions?Yes. You should read more about fractional reserve banking.Banks lend away the money people have deposited into the ba

Should tenant be allowed to have rent due on x days past start of the lease?

In most jurisdictions you have quite a bit of latitude in what you and your tenant agree to. Some people like monthly expenses to hit at a time other than the 1st because of the timing of their paychecks and/or other monthly expenses.I take it as a sign the

Is the 30% of credit rule per month?

Treating 30% of utilization as a rule to be followed is dumb. It is a natural consequence of using a credit card correctly, not something to do for its own sake.The right way to use a credit card is to buy the things you were going to buy an

Is real estate considered a depreciable asset?

Re: "Real estate usually goes up in value" ... yes, the land, primarily.There's a difference between a building, and the land it is built on. A building won't last forever. Since it doesn't last forever, at some point it will need to be

Timing the market with a twist

Whenever there is an economic downturn (as evidenced simply by a majority of economists saying: "hey, we're in a downturn") you invest your money into a diversified portfolio that closely resembles the economy as a whole. Now you wait until th

What is a good size distribution for buying gold?

Diversification is an important aspect of precious metals investing. Therefore I would suggest diversifying in a number of different ways:You point out the problem with using gold for day-to-day transactions. So why are you only looking at gold? Go

Paying taxes on dividends even though your capital gains were $0?

In the US, and in most other countries, dividends are considered income when paid, and capital gains/losses are considered income/loss when realized.This is called, in accounting, "recognition". We recognize income when cash reaches our pocket, for tax purp

How can I budget to build up a down payment for a house over the course of a year?

You list about $2500 per month in expenses (rent, utilities, etc.), and say you have $3900+ in income per month. This leaves you $1400 per month. If you add this amount to your savings every month, you will have a bit over $17,000 saved in a year.You mentio

A relative transferred $31,000 to my bank account. Do I have to report this to the IRS?

Based on the extra details edited in, I want to modify my answer:he wants me to temporarily hold his money. he has issues with his wifeand he did not want to have any extra money on his personal account.This is dangerous.

Everyone got a raise to them same amount, lost my higher pay than the newer employees

Why do you think you are entitled to "fairness"? In this world you get what you get. I am pretty sure your employer is not paying you for how you "feel" either. And by-the-way turning up on time and not leaving early is not exceptional behaviour; it is expected beha

What, exactly, do you mean by an "Emergency Fund"?

An emergency fund is very well defined, both on this site and across the web. What are your monthly expenses? Groceries, bills, etc.If you were to lose all sources of income tomorrow, how would you pay for those items?An emer

Distribution of Estate Assets

Just add it all up. The assets in the estate are worth $105,000. Splitting that equally means that each beneficiary gets $52,500. The one who gets the car gets a car worth $5000 and the rest in cash, $47,500. The other one gets all cash, $52,500.

Are there any non-decreasing securities on the stock market?

There are none that I am aware of that never drop in value. There are investments that are virtually risk free, like US government bonds, but those are only risk free if you hold them to maturity, meaning you are guaranteed to get your mo

How do owners of one home make money on the sell-and-buy process?

In the scenario you describe your conclusions are correct and they really don't. A primary residence is a liability as much as an investment. If you include the costs of a mortgage and ongoing maintenance into your calculations the returns get even worse.T

Previous home owner wants to buy back the house

I assume you hadn't put the house on the market, since you don't have an asking price. Do you even want to move? There is no reason you have to entertain offers.If you are interested in selling, the benchmark would be current market value. This does not nece

How can I stop a merchant from charging a credit card processing fee?

You can report the violation to the payment network (i.e., Mastercard or Visa). For instance here is a report form for Visa and

By accident I gave a check cashing place a voided check. How can I fix this?

The store wants their money back. It's understandable that they are hesitant to accept another check from you. So if you don't have the cash to pay them back, take your good check somewhere else to cash it, and use that money to pay back the store that you

Why are taxes so complicated if they really want to be paid?

Most governments use taxes not only to collect revenue but also to encourage/discourage certain behaviors and redistribute wealth.For example, in the US the bottom 50% by adjusted gross income paid about 3% of the total federal income tax. The top 1% paid ab

Mortgage Refinance

No.The longer answer is that you are handing a banker 10K, which goes into his pocket and to pay for the refinancing expenses. Then in a few months you will be selling the house. The purpose of the 15 year loan is to pay it off faster. In your situ

Why would a bank not "buy a house for me" if they own the house until I've paid it anyway?

Simple answer, they are in the banking business not the landlording business. The same reason a coffee shop won't sell you a car even if there was some scheme where it benefitted them. You are underestimating the costs and risks to the b

Sugar Daddy/Bank Help

Yes, it's a scam.My guess would be that the person you're talking to is going to give you the bank account information from a different person that he scammed (probably someone that fell for his initial suggestion). You buy a gift card (no charity needs a

Why are people still investing in stocks or indexes which are obviously overbought?

What about that graph today is different from that graph would have been 6 months ago? People 6 months ago bought thinking it would still go up, and it has. That's why people are buying today. That's what you asked. They may be right, they may be wrong, but that's w

Why do people who sell something on a marketplace ever allow the price to go down?

Because what if nobody wants to buy at that price any more?When the buy price and the sale price meet, a transaction happens, and those prices are removed from the market. That means there's always a gap between the highest buy price and the lowest sell pric

Offer to send me 5000 and then send 4000 to his daughter. I think this is a scam. Is it?

Yes, it is a scam. The $5000 deposit to your account will bounce and you will be out whatever you sent. Also, no one should ask for your password. That has got to be one of the scammiest scams that has ever scammed. Do not continue inter

IRR vs. Interest Rates

Yes, if your IRR is 5% per annum after three years then the total return (I prefer total rather than your use of actual) over those three years is

I've got $100K to invest over the next 2 to 7 years. What are some good options?

Given your timeframe, risk tolerance, and the fact that you don't need this money, I would suggest a balanced approach. Something like:~35% in an index fund~65% in CDs/money market fund - something liquid and FDIC insured

How to report Canadian T4 slip items (e.g. CPP, EI) on a U.S. tax return?

Here is a partial answer. (By "partial" I mean that the answer relies on IRS publications, so it might be overruled by something buried in the US-Canada tax treaty. Does anyone have a good handle on the treaty?)It appears that the Employment Insurance is

Small capital investment in Germany

If you ant 100% capital protection over such a short time, a time deposit will do that and give you a slightly higher interest than a savings account. Do shop around between banks to find the best rate, and for one that allows you to add the cash you save up. Look h

Long term investment for money

I'd open the Roth IRA account and fund for 2015 and 2016. For the very long term, I'd learn about index funds, specifically a low cost S&P mutual fund or ETF. I know of no way to answer your question without 'spamming' a particular i

How to invest in a currency increasing in value relative to another?

What you're looking for are either FX Forwards or FX Futures. These products are traded differently but they are basically the same thing -- agreements to deliver currency at a defined exchange rate at a future time. Almost every large venue or bank will

What is this strategy

Assume the stock is $1 to start. Account A is long 1 share, and Account B is short 1 share.If the stock goes up to $20, Account A is worth $20, and Account B is worth -$19. Note that it is actually possible to owe money on short investments (in fact, you

Efficient market hypothesis

The answer to your question is yes, under the efficient market hypothesis, stock prices reflect everything known by traders about the growth prospects of the firm. There are various versions of the EMH but they all say you can't consistently

When trading put options, is your total risk decreased if you are in a position to exercise the option?

The risk situation of the put option is the same whether you own the stock or not. You risk $5 and stand to gain 0 to $250 in the period before expiration (say $50 if the stock reaches $200 and you sell). Holding the stock or not changes nothing about tha

Can anyone in India get a credit card?

Anyone can apply for a credit card, however not everyone is granted a credit card. For the Bank to issue you a credit card, they need an assurance that you will be able to repay. Each bank has different norms apart from credit score, they also see your sou

How much will I pay in agent's fees or commissions to rent a house in Boston metro suburbs?

Apartment and homeowners who list with an agent usually are the ones that pay them the fee. Fees are not standardized, but negotiated. It's typical to see a month's rent as the fee, and if it's listed on MLS, the other agent is likely to get 1/2 of that. The tenant

Income tax return for 2013 in Germany - how to?

You don't have to hire a tax consultant, there is a number of companies who sell software (installable or web-based) that helps you do it by asking for all relevant data interview-style. These typically cost between 15 and 25 EUR. I'm not sure whether any of them ar

Taxation of income from working abroad within the EU

Every country has its own tax code. Consult a professional in each country regarding income earned in that country.Anything else is speculation. I cannot speak for the specific jurisdictions but you will generally pay income tax

Does it make sense to contribute extra payments to European state pension funds, considering the projected birth rates?

Looking at the web site you linked, it appears that it is talking about various forms of individual saving, investment or pension plans. In other words, not really paying more to your state pension per se, but rather some kind of separate pension plan to su

life insurance proceeds to creditor

If a person owes someone money, he can be sued for it, and forced to pay via court order.It is completely irrelevant who that person owes money to (here: a not specified 'estate'), and irrelevant what source they get money from (here: life insurance payout)

Call vs Puts: a short position can profit using both depending on strike price?

So you are asking if you buy a call option for a stock whose price is currently $50 but the call allows you to pay $40 for it, can you make a profit if the price falls? It is theoretically possible but impractical. If the stock price is currently $50, the

Credentials to discern "Sell to Open" or "Buy to Open" Option Transaction

... what explicit credentials/platforms you would need to have in order to know that an option transaction, that has both a buyer and seller, was buyer or seller initiated? For all option trades,

Do "authorized user" credit cards contribute to establishing credit in the eyes of a credit card issuer?

To answer your question, yes. A joint credit card does show up in your credit report and does contribute to your credit score. This is because you are liable for the balance of that card and are responsible for ensuring it

If a person comes across insider information, how can they share their knowledge so that they could trade the stock in question?

You mention Martha Stewart, but she didn't get the information from her broker, she got the information from the head of the company. A service many brokers provide is investment advice. You know that even an honest broker doesn't know with 100% certainty t

Calculating relative performance of a short trade

Who cares what the index (or anything else) returned. If your trade earns 20% you earned 20%. What you could have earned with a different trade is a separate issue.There isn’t much point to comparing a long trade, buying the index, to a short trade, shorti

straddle option to profit in the wild market

You did not trade a straddle, you traded a synthetic long stock. When the price of the underlying stock goes down, both the long call and the short put lose value, so you effectively track the price of the stock (modulo any slight loss due to bid/ask spread

What prevents me from being diluted out as a shareholder?

The only way you can "protect yourself" is by voting against any share dilution plans at the annual general meeting. But everyone else there has votes as well, and there is every chance you will be out-voted.It's a commercial decision whether or n

What amount of money do car hire companies lock on your credit card account when hiring a car?

It will depend on credit they are offering you during the period being covered. A gas station locks up what they expect is the maximum transaction for most people. When the prices of gas spikes some people have the pump turn off before the tank is filled, therefore

Problems with Enterprise Value and better valuation techniques

This is a tough question SFun28. Let's try and debug the metric.First, let's expand upon the notion share price is determined in an efficient market where prospective buyers and sellers have access to info on an enterprises' cash balance and they may weigh

Best way to find a no-surcharge ATM in my area?

If you use a credit union, I look for the co-op network credit union ATMs. Wide network of fee-free ATMs:

How can I ensure that a CD sold by a brokerage is FDIC protected?

I would say "yes" to your question. CD's purchased from a bank on your behalf by your broker will be FDIC insured and safe. However, be aware that no one is examining the broker except you to ensure that each CD is actually purchased from an FDIC insured bank. Do