1
vote
0answers
5 views

APY on a CD that is less than one year

I know that for interest rates you calculate the monthly rate by dividing by 12 (or similarly for any period by the number of periods/year). But if I have a 3 month CD that has a 0.4% APY, does that ...
0
votes
0answers
5 views

Is it possible to trade-in a non qualifying phone?

I would like to upgrade my old phone (Samsung Galaxy S3) to the latest model (Samsung Galaxy S7), while staying with my current carrier (Sprint) and my current plan. There is a promotion going on ...
1
vote
0answers
10 views

Will having a credit freeze still allow a hard inquiry on my credit report?

If I have my credit files frozen with the 3 major bureaus, and I apply for a credit card or attempt to take out a loan, my understanding is that I should be immediately denied - as expected. But will ...
1
vote
1answer
53 views

Employer Loans to Employees

I would like to ask my employer for a loan. I know IRS guidelines expect it to run at the APR with regards to interest. However, before I ask I would like to be as educated as possible as to what ...
0
votes
0answers
10 views

In terms of vehicle and tax in the UK what are the differences between an operating lease and a financial Lease

I am a programmer looking at finding the total tax burden or operating a car in the UK. It seems like there are three main methods of getting a car in The UK. Purchase, Financial Lease, or Operating ...
0
votes
0answers
14 views

Do I have a time limit on my finical aid if Im only using Pell Grants

I am enrolled in an Associates of Applied Science degree at community college. My grants have been enough to pay for the credit hours, so I have not taken out direct loans. Conversation wise, people ...
7
votes
6answers
965 views

Should I charge my children interest when they borrow money?

My children have borrowed money from me and my wife on several occasions. In fact two of my children still have yet to back us back what they borrowed. We have never charged them interest on the money ...
1
vote
2answers
35 views

NYSE exchange company selling stock to raise funding

When a DOW company offers a large number of stock for sale to raise funding for growth projects does price of existing shares general go up or down
3
votes
2answers
65 views

Is a secured loan or mortgage considered debt? [duplicate]

Lets say you buy a home for $300k, and put down a $100k payment and take out a $200k loan. The house was purchased for a fair, properly appraised value. Does this mean that you are now $200k "in ...
-2
votes
1answer
66 views

What are the Personal Investment Implications of Foreseeable Inflation (US Deficit)

Will a rising national debt/GDP ratio (specifically in the US) cause inflation and poor returns on market investments. My understanding is that the national debt/GDP ratio is continually increasing ...
2
votes
1answer
33 views

RSU Tax Implications of 83(b) Election

I am granted a certain amount of RSU's every year, this year being the first. They vest at 25% after one year, and then 1/16th of grant every one month period after that. My question is to tax ...
28
votes
6answers
3k views

How does 'upgrading' from one house to another work?

Consider this scenario. For a given neighborhood, a small house is $100K. A big house is $150K. For simplicity, assume that you purchase the small house with all cash. 5 years later, it is now worth ...
2
votes
1answer
33 views

What would trigger a “due on transfer” clause when transferring property ownership to an LLC?

I plan on co-owning a rental property. Soon after closing, the plan is to transfer the title to an LLC for some liability protection and our lender has assured us that the due on transfer clause won't ...
3
votes
0answers
99 views

Purchase lottery / scratch off ticket in WA , Live in non gambling state

What if I buy a scratch off ticket or a powerball in WA and win some money, but I live in Utah, where gambling is not legal. Can I mail in my scratch off and use my Utah address for them to mail me ...
1
vote
1answer
76 views

How much would I need to save to keep a fixed income consistent?

If you have a fixed income that was going to continue for the rest of your life, what portion would you need to save to keep it consistent? For example, if you were to get 100,000 per year non ...
2
votes
1answer
99 views

Bank transfer not allowed for “cash account”

I've recently reloacated to UK and opened a bank account to deposit my paychecks. As I didn't have a credit history, the bank allowed me to open a (what they call) "cash account". Now, given that I ...
3
votes
1answer
47 views

Fixing Credit With Several Small Debts

I am a recent graduate from the U.S. with a checkered credit history. I have a few items in collection now totaling about $750 or so. Previously, my attitude would have been to let these slide until ...
4
votes
2answers
130 views

Higher mortgage to increase savings to invest?

Last week we went to the bank to talk about a mortgage. Here in Belgium, 40% of your mortgage is can be deducted from your taxes. You can deduct 1520 euro during the entire course of the mortgage. ...
-2
votes
0answers
30 views

Profit from stocks and shares [on hold]

If someone want to make profit from stock each monthly how? And how to dilute shares and profit from them monthly
2
votes
2answers
76 views

High credit utilization, some high interest - but credit score not overly bad. How to attack debt in this situation?

I presently have: Credit Card, £2250 balance, interest rate of 17.43% Credit Card, £1500 balance, interest rate of 39.9% (3.5% min payment) Credit Card, £2400, interest rate of 34% Overdraft of ...
1
vote
1answer
89 views

Should I expect a receipt when giving a post-dated cheque?

I gave my landlord some post-dated cheques for rent spanning the next 6 months and wasn't given any receipts. It was explained that they don't give out receipts until the cheque has been ...
20
votes
5answers
7k views

The price dropped on an item I purchased 8 days ago. What can I do?

I bought a PC for € 2199 (about $2500 USD) 8 days ago. Today I saw that the same store where I purchased it sells the same product for € 130 less. Unfortunately, I can't just bring it back* and re-buy ...
0
votes
1answer
22 views

Number of years to file US expat taxes using Streamlined Procedure

I live outside of the US and will be using Streamlined Foreign Offshore Procedures to file taxes, which requires filing for the most recent 3 years for which the deadline has passed. Since the ...
1
vote
1answer
31 views

Do I have to file a self assessment tax return even if I won't be taxed? (UK)

I am self-employed but make less than the personal allowance of £11,000. The government website says my income band is taxed at 0%. Do I still have to register as a sole trader and file a tax return? ...
0
votes
0answers
25 views

OptionsXpress broker [on hold]

I want to open a broker account and I'm quite confused since I'm not from U.S nor U.S citizen and a lot of popular brokers (TradeKing,Scottrade,Etrade...) won't accept my application. I was looking ...
3
votes
0answers
57 views

Should rideshare drivers log mileage of individual trips, or is a daily entry acceptable?

A rideshare driver (Uber, Lyft) can deduct vehicle expenses for business use of the vehicle. Should the driver log each trip individually, or is a daily entry of beginning odometer, ending odometer, ...
1
vote
1answer
68 views

After Market Price change, how can I get it at that price?

I am new to stock marketing. I have a question about all the price change after market closes. Let's say a share closes at 2.50 and after market is 2.80 and next day open is 2.80 or so. How can I make ...
1
vote
1answer
8 views

How TDS is applied on EPF if I withdraw it after 5 years but before 4.5 years of employement (5 months of un-employment?

I have read following things about EPF: If salaried persons wish to withdraw their EPF accounts, they have to submit form 19 to their ex-employers, who in turn, have to sign and attest it. It ...
0
votes
1answer
52 views

Why do I need a credit history to open an account in UK

I'm from somewhere in EU and I've recently landed a job in london. I was trying to open a bank account here, but I found it extremely difficoult as it appear that to have a bank account here in some ...
2
votes
2answers
49 views

New 1099 employee with Cobra insurance

I've just started my new job as a 1099 employee having worked as a full time employee for 4 months. For health insurance I'd like to do Cobra since my family has already met their deductibles for the ...
1
vote
1answer
39 views

Can someone explain how to calculate the “The Tax Is” column of the U.S. Federal tax brackets?

I know that for U.S. Federal Personal Income Tax, the schedule is progressive, so for a single person filing for $60,000 (in 2011 for this example), the first $34,500 is taxed at 15% and then the rest ...
2
votes
3answers
71 views

Credit score in UK for foreigners

I've been living in the UK for 5 years and I've been working in here for 3 years. Although my credit score is in good condition now as I set some regular debit card payments; according to experian, I ...
1
vote
1answer
33 views

When to change my address on W2

I am employed (W2) by a company based out of AZ and I live in CO. I am purchasing a house in OR as my primary and moving there. I will acquire the house in 30 days, however I won't move in for 90 days ...
-2
votes
1answer
129 views

Can I have two winning identical lottery tickets? [on hold]

I always buy two identical lottery tickets, I have a feeling that I will hit the jackpot sooner or later. Can having two identical tickets cause me any problems e.g. fraud?
1
vote
0answers
10 views

Canadian tax treatment of preferred share income

During the recent turmoil in the oil markets I purchased a number of preferred shares in a few of the pipeline companies (Enbridge, Pembina, and Veresen). I had assumed that preferred share income ...
0
votes
1answer
32 views

Which first time Stocks and Shares ISA for UK, frequent trader UK markets? [on hold]

I want to open a stocks and shares ISA. At present I have a sharedealing account with X-O (www.x-o.co.uk) and I’ve been making 1 or 2 deals per month. I’m approaching this as a long game and sticking ...
5
votes
2answers
138 views

Unusual real estate market with seemingly huge rental returns

Experts, we've lived all over the world for a year or two here and there. Presently I live in a central US urban region which leans to government-technology. Housing is tremendously cheaper here than ...
0
votes
1answer
73 views

I am Brasilian resident, how to buy shares on NYSE?

I am having my work contract here in Brasil. I have some money (3000$) and I would like to invest it in some specific companies that are listed on NYSE. How can I do this, it seems that most brokerage ...
0
votes
1answer
64 views

Holding Multiple Credit Cards. Does the credit limits add up and work together? [duplicate]

So lets say I have the following credit cards with the following limits: $1,500 $8,500 $9,000 If they all sat at 0 usage, and I was to charge one of them at say $3000 and let that sit on 0% APR ...
1
vote
1answer
21 views

How to calculate the value of a bond that is priced to yield X%

I am currently practicing for a beginners exam in finance. One of the previous exams had the following question: You own a 2 year, £1000, 7% bond, with semi-annual coupons. If the bond is priced ...
10
votes
3answers
1k views

Why are the banks and their customers in the United States still using checks? [duplicate]

Some years ago, a friend of mine visited a US city, and went to a supermarket. Upon trying to pay with his credit card, the transaction failed, and the cashier asked if he could write out a check ...
0
votes
2answers
31 views

(Why) are all Australian mutual funds REITs or bond funds? [on hold]

I wonder why Australia does not promote the big and global fund houses to introduce mutual fund schemes for people to have an option to invest in, instead of just the property/related choices. The ...
1
vote
1answer
68 views

Historically how do share prices perform after mass selling after an employee reward scheme?

Tesco in the UK are about to award a 5% turn around bonus in shares to their staff with the option of keeping them or selling them straight away. It's likely most of the employees will sell them ...
4
votes
0answers
27 views

As a UK based tax resident company - employing USA citizens for work in the USA, do I have to register with the IRS and pay USA tax

We are a UK based VAT registered company doing some business in the USA. We employ / Sub-Contract USA citizens for film production work on short term production contracts. We pay sub-contractors / ...
0
votes
1answer
12 views

Are there disadvantages or caveats to be aware of when applying for an ITIN for a non-resident/non-citizen spouse?

As an American residing outside the US with a spouse who is not a US citizen I have always chosen Married Filing Separately for my filing status. The intent was to shield any income and assets she has ...
0
votes
1answer
21 views

Maryland Part-Year Return

My DC tax return was "re-routed" to MD this year shortly after I received a notice stating that I owed over 5K in taxes. I contacted the Maryland Comptroller's Office who advised that according to ...
-1
votes
2answers
72 views

What's the appeal of dividends in investing? [duplicate]

All company shares payout very small amounts in dividends. What is the big interest for an investor to spend tens of thousands of dollars in stocks to possibly earn maybe $1,000 per year or so in ...
35
votes
8answers
10k views

Insurance company sent me huge check instead of pharmacy. Now what?

I received a $20,000 check from my insurance company that was supposed to go to my specialty pharmacy. It's made out to me. Since it was obviously a mistake, I called the pharmacy, and they said to ...
4
votes
0answers
63 views

got some money on topcoder, possible tax rate calculation?

I competed in topcoder and got some money around ~500 $ and may get more If I'm really lucky in not yet reviewed submissions. But I found out that 30% of that money will be withheld as tax. I didn't ...
0
votes
1answer
47 views

Effective annual interest using excel [duplicate]

I am stuck on this problem and have only basic knowledge of accounting. Can you help me? Trying to find the effective annual interest rate of a car lease situation. The cost of the car originally is ...

15 30 50 per page