-1
votes
0answers
4 views

Why should one invest in the stock market?

I read about the 90-90-90 rule aka 90% of the people lose 90% of the money in 90 days. I don't know anyone who actually made significant amount money by investing in stocks or other financial products ...
1
vote
1answer
6 views

Who is a “Business Apprentice” in the context of India-USA tax treaty?

I am an Indian citizen who plans to go to US on a J1 visa to teach and do research in a US university. I expect to be in USA for about five months. I will be filing taxes as a Nonresident Alien. ...
1
vote
1answer
3 views

NRI in US, how to receive money from India to US

I transferred money to my parents as Gift 3 years back, now they will be helping me with some money here in USA. My parents are in India and want to send me some amount here in USA. Is that fine, any ...
0
votes
0answers
10 views

Recover abandoned US bank account

I have had problems to find out where, at which American bank, a company I worked for had deposited shares and commission cash. But now that I found out they claim that it was donated to the fed ...
0
votes
0answers
28 views

Is it a safe strategy to protect a high dividend stock with a collar?

I want to find a few high dividend paying stocks (~10% yield) for my tax sheltered portfolios. I also want the stock to be reasonably safe. I am looking at this list. Problem is, I don't know how to ...
1
vote
1answer
68 views

Would you liquidate your 401k to pay off debt in this situation?

I have a potentially complex situation that I am looking to resolve in the least painful way possible. I am going through a divorce. My income is nearly twice as much as my ex's, and I am going to ...
0
votes
1answer
15 views

How do I charge GST & QST for my freelancing?

I'm based in Quebec and intend to offer freelance marketing consulting services. I intend to find clients from online freelancing websites such as Odesk. This means my clients could be from outside of ...
0
votes
1answer
30 views

Reporting a tax refund from a previous year as income

I'm wondering if I have to report income from my 2013 Canadian tax return on my 2014 Canadian tax return? I'll be filing as a non-resident if that's important.
1
vote
0answers
42 views

Did you maintain living quarters in New York?

What does the question when filing NY state taxes "Did you maintain living quarters in New York?" entail for an International student on F1 Visa who interned in NY and lived in a motel during that ...
0
votes
0answers
31 views

I gave my ID info to a friend to make a deposit for someone [on hold]

I gave a friend(not close to me.. may be be not trusted but i know her) my ID info to make a deposit to someone in his account..is it safe or i may get in trouble if something went wrong ?
1
vote
1answer
39 views

How do I manage my portfolio as stock evaluation criteria evolve?

Background: I'm a very small-time (eg. $100s), inexperienced trader. Currently, I'm buying and holding stocks that bear dividends. When I evaluate stocks, I look at certain criteria; these have a ...
0
votes
1answer
20 views

What does the -V indicate on MKC ticker

McCormick & Co. Inc. shows two symbols,on a Yahoo lookup. What's the difference?
1
vote
0answers
25 views

What is the most common and profitable investment for a good retirement in Australia?

I've seen a whole lot of questions in this website about good retirement investments in a range of countries, but none asking about Australia. Let me explain a little further my doubts: I'm currently ...
-1
votes
0answers
33 views

What are the difference between automated clearing house (ACH) and MasterCard/Visa in terms of money flows (when paying online)?

I would like the answer to be European centric if possible (If not, US would be good too). The ACH would then be European Automated Clearing House Association (EACHA). Also, I would like the answer ...
1
vote
1answer
45 views

How does credit card's online authentication work?

I am not sure if this question is valid here but this seems to be the most appropriate place. I have a credit card which I use to shop online. When I checkout a product on say, Flipkart, it asks me ...
-1
votes
0answers
37 views

How can I make money being at home [on hold]

How can I make money being at home, having internet access? Any websites or may be any other ideas. I am in war zone, in Georgia. I want to have some income besides work as wage is small. Only ...
-2
votes
0answers
21 views

PV Finance Practice Problem [on hold]

I am having trouble figuring out the reasoning for this problem: Suppose you invest $10,000 per year for 10 years at an average return of 5.5%. The average future inflation rate is 2% per year. (a) ...
1
vote
1answer
56 views

What to do of a reward card after it is empty?

Recently I enrolled in a no cost trial offer with a company. For that they sent me a $10 reward card. I used it up for buying groceries. Is the reward card useful anymore? Or should I just cut it up ...
0
votes
0answers
35 views

Buying out my leased car… residual price negotiable?

I am at the end of my lease, and considering buying it out. The residual price is $14000. I offered $12000. The dealer told me he can't negotiate the residual price because the car belongs to the ...
0
votes
2answers
16 views

How to calculate P/E ratio for S&P500 sectors

I want to calculate the P/E ratio for the different sectors in the S&P500. To do this I'm dividing the sector's index price (found on their website) by the sector's earnings per share. When I do ...
-1
votes
1answer
44 views

Finance basic question

I have a problem at university level. The current dividend of a stock D is £10. Growth is expected to be 20% a year for three years and then 10% thereafter. The required rate of return is 25%. ...
1
vote
1answer
15 views

'longer-term/lower-coupon bonds' vs 'shorter-term/higher-coupon bonds'

[Source:] Arthur Salzer, B.A. Econ. (McMaster University), CFA, CIM “Remember that longer-term/lower-coupon bonds go down more in price than shorter-term/higher-coupon bonds do when interest ...
0
votes
1answer
17 views

'When the rising rate cycle gives way to a decline in borrowing costs, bond funds will …'?

[Source:] Bonds fall in value when rates rise, and this will be reflected in the unit price of bond funds. When the rising rate cycle gives way to a decline in borrowing costs, bond funds will rise ...
1
vote
2answers
46 views

For an ETF, do different methods of weighting securities improve returns?

[Source:] The S&P 500 is an index that weights 500 companies in order of their market capitalizations – if the market values company A more than company B, then company A is weighted more ...
0
votes
1answer
28 views

Always invest in a bond ETF with at least inflation protection?

I abbreviate: inflation-protected bonds = IPB (I choose this term because I don't want to limit this question to US TIPS); yield to maturity = YTM. Whenever deciding to invest in a bond ETF, should ...
1
vote
1answer
20 views

How are market orders matched? [duplicate]

I'm trying to gain some insight into how orders on an exchange are matched to design a proof of concept matching system. Am I correct in assuming market orders are immediately executed against the ...
0
votes
1answer
29 views

Would a switch from the USD to other currencies in Oil settlements lead to a significant impact on the USD? [on hold]

I've recently read many amateur 'economics' blogs and sites claiming the death of the USD due to, in many things, Russia's recent liquidation of their petrodollar assets and the beginning of trade ...
0
votes
2answers
41 views

First real estate investment $25,000+ not including possible mortgage

I'm currently on the lookout of properties for sale but I'm not sure what is the best choice at my price bracket. I work full time and about to be promoted to Assistant Manager which will be an ...
1
vote
1answer
28 views

Optimal balence of 401K and charitable savings

I'm trying to figure out the optimal manner to donate the most money to charity. I currently donate all excess income to charity, minus the money I keep for emergencies. Donating to charity is ...
4
votes
4answers
757 views

Should I Buy a House or Wait

I live in the US in PA and I am thinking about buying a house that costs $225,000. I can put 50% down and make a salary of 50k before taxes. I have no debt but will probably need a new car in a few ...
0
votes
1answer
68 views

Why can't 401(k) statements be delivered electronically?

I called Schwab and they just said, "401(k) accounts are not eligible for paperless confirmations and statements. It's the law. Sorry." I can't find any reference to this law in the Google. The ...
0
votes
1answer
50 views

Claim rental expenses as a tax credit

If I am renting the apartment I live in, can I claim part of the rent I pay as a tax credit? I am looking at this can-you-claim-rent-in-ontario But it does not mention if you need to be below a ...
2
votes
1answer
41 views

Effect of a mistaken limit order on market price

If a sell limit order for a very small volume was entered mistakenly at a very low price, would it get executed and would it affect the market price ? eg: The current market price for FOO is $500 ...
0
votes
1answer
27 views

How much tax credit I get for monthly metropass in toronto

I pay for my own public transit monthly pass in Toronto. I am not sure how much of the amount I pay is tax deductible? ...
0
votes
0answers
31 views

S&P500 historical P/E ratios by sector

I need to get the P/E ratios for the S&P500 by sectors, over a time period of 10 years. If you know how to get the key numbers for the S&P500 over the last 10 years, so that I could calculate ...
4
votes
2answers
280 views

do I need to close my existing ISA if I plan to open a “Help to buy ISA” in the Autumn?

I currently have a cash ISA. I'm very interested in the new Help to buy ISAs that are supposed to be arriving in the Autumn as I am saving in my existing ISA for a house. The interest rates are much, ...
10
votes
6answers
4k views

Advantages of paying more of your mortgage while you know you won't continue to live there your whole life

Recently I bought a house for 140k in the Netherlands. It had a mortgage of 110k (3,0% interest) and a startersloan of 30k (4,0% interest, no payments/interest the first 3 years). I am getting ...
0
votes
0answers
24 views

Using of brackets in accounting [on hold]

How do accountants distinct negative number and simply number in brackets? For example: (2) == -2 and (2) == 2 in brackets
3
votes
4answers
1k views

What prevents interest rates from rising?

When you take a loan, you have to pay it back in the form of interest. However to my knowledge interest rates vary over time. What legal factors are preventing the interest rates from spiking and ...
1
vote
1answer
74 views

How to systematically find sideways stocks?

Can someone help me? I would like to be able to analyse stocks based on their movement. Optically, by reading the charts, it is very easy to see if a chart is moving sideways. But how can I analyse ...
0
votes
2answers
34 views

In the US as an F-1 student, filed the wrong form last year

This is my second financial year in the US (I started in Fall 2013). When filing out my taxes I realized that I screwed up 2013's return and filed a 1040 EZ instead of a 1040 NR-EZ. Am I correct in ...
1
vote
1answer
21 views

When do I need to return short stock to the lender

Borrowing stock to short is like taking out a loan. You pay back the principal upon maturity plus interest. Interest in this case refers to short stock fees and dividends. So, what is the equivalent ...
1
vote
2answers
40 views

What is the source of income for a hedged portfolio

Let us say I am long SPY and I sell the corresponding number of e mini s&p futures. Now, how will this portfolio profit? Will this grow at the risk free rate? The profit from the stock position ...
0
votes
1answer
36 views

Differences in taxes paid for W2 employee vs. 1099 contractor working on sites like ODesk.com?

Currently, I make about $96000 a year as a W2 employee in the USA. Suppose I were to make the same amount through working on sites like ODesk.com at home. In other words, I would be an independent ...
-2
votes
1answer
53 views

How Is the Price of a Stock Determined?

From what I understand, the stock price is based on supply and demand. For example, if a stock that was priced at $0.01 was bought buy an investor who spent $5.00 (leaving him with 100 shares), it ...
1
vote
1answer
46 views

Can my federal adjusted gross income differ by $1 between my federal and state returns?

Background I calculated my federal taxes by hand. I kept the cents in all of my calculations (I did not round to the nearest dollar at any point). Then I used these values to calculate my New York ...
1
vote
0answers
28 views

Is there any possibility of doing an equity release deal on a property you don't (currently) own?

There are various equity release schemes to let you release some of the tied-up value in a property you own, see eg. http://www.equityreleasecouncil.com/faqs/ Is it ever possible to jointly purchase ...
1
vote
0answers
18 views

How is minimum payment calculated for this daily amortized loan?

I'm trying to figure out how the bank calculated the minimum payment for a personal loan. Starting Principle: $6,800 Interest Rate: 13.750% Loan Term: 36 months Payment Frequency: Monthly Start ...
0
votes
0answers
28 views

Filling form 8889 Part I and form 1040 line 25

I started contributing to HSA last year and have some doubt about claiming the tax deduction. My situation is as follows: I enrolled in HDHP plan starting May 20th 2014. I am still enrolled in the ...
0
votes
0answers
19 views

Closing a worthless option or waiting til expiration

Let's say I am rolling covered calls on a stock with weekly options. Is it ever wise to close out a winning covered call on Thursday or Friday and roll into the next weeks contract earlier to take ...

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