All Questions

0
votes
0answers
12 views

Why are some funds only recommended for investors starting out?

I am 23 years old and have been in industry for a couple years and my savings have grown to an amount whereby GIC's are no longer good enough. Since I bank with TD Canada Trust, there seems to be a ...
0
votes
1answer
15 views

Why do stocks tend to trade at high volumes at the end of (or start) the trading day?

Not related to this question, I am asking why stocks seem to be traded at very high volumes right at the start and end of the trading day. Is this because these graphs factor in all of the premarket ...
1
vote
3answers
31 views

If I plan to buyout my lease car at the end, do I still pay for excess mileage/wear?

Kinda stupid question, but there are so many "fine prints" when leasing a car. Let's say I plan to buyout my leased car at the end of the 36-month term. My allowed mileage is 20,000 Km/year (60,000 ...
0
votes
0answers
8 views

How can one identify institutional accumulation of a particular stock using price and volume data?

I often read that institutional investors (mutual funds, banks, hedge funds, etc...) will build a position in a stock over time using relatively small orders so as not to move price and alert other ...
0
votes
0answers
10 views

i have an old 401k from a previous emplyer that i hanvt done anything with [duplicate]

I have a 401k from several years ago from a previous employer. it has grown well even though I have done nothing with it since leaving the employer. what are my options as I am not currently enrolled ...
0
votes
0answers
7 views

Online options simulator that shows Greeks of a option position in near real time

Is there an online software, maybe a downloadable excel that will allow me to put on a simulated option trade and show me day by day how my position is doing on the P/L curve, how my Greeks are ...
1
vote
0answers
14 views

What special rules, if any, need to be followed for US citizens to put money in Australian savings accounts?

From a few recent questions, I have seen that current (as-of Oct 2014) rates on savings accounts in Australia are in the 3.5% ballpark. This is about 30x higher than in the US. What would I, as a US ...
0
votes
1answer
26 views

Are there limits on frequency of withdrawal from Roth 401K?

I understand that withdrawals from Roth 401K's are allowed up to your contribution without penalty since these are after tax dollars. Is there a limit on the frequency of such withdrawals? Presume ...
0
votes
0answers
20 views

Are there ways to lower or postpone student loan payments while my wife is sick?

I have over $130k of student debt which is in grace, but will begin repayment soon. Unfortunately, my wife is very sick and we have a lot of expenses just to keep her alive. We simply don't have the ...
2
votes
1answer
36 views

Why are there different credit rates in each country?

I live in Paraguay, and here credit rates begin at 16% and go up to 50%. In Germany you can get a loan for a lot less. Why is that?
2
votes
1answer
45 views

Endorsed check - does everyone have to be present to cash it?

Myself and some old roommates have a security deposit check made out to all five of us. Do all five of us have to actually be present to cash the check, or can one or more people in the party simply ...
0
votes
1answer
53 views

How are Canada Universal Child Care Benefit (UCCB) & related tax measures changing in 2015?

Significant changes to Canada's Universal Child Care Benefit (UCCB) and related income tax measures were announced on October 30, 2014 by the Prime Minister. What exactly is changing w.r.t. UCCB and ...
0
votes
0answers
13 views

Recommend a book on venture capital lingo (pref UK)

What book would you recommend on brushing up my financial lingo for terms such as: ordinary shares volatility pre-emptive rights exit change of control etc. Many thanks, Vlad
0
votes
2answers
25 views

How would you figure the cost of something in the future including inflation?

Looking for an excel formula that can calculate the cost of something based on a current price that factors in price increases and inflation. For example a plane ticket cost (econ LAX to JFK) in 30 ...
3
votes
1answer
75 views

What Happens To Stocks During Hyperinflation

A few people here may have lived in an area which experienced hyperinflation in the last century, so any stories will be valuable related to the stock exchange of the country. Pro precious metal ...
0
votes
1answer
42 views

deposit into a single checking account with a joint account

I have a check written out to me and my spouse, I need to deposit it an account that he is not on, he signed it and is out of town, will my bank let me deposit it ??
0
votes
1answer
32 views

Why the ABA on this bank does not correspond to the routing number?

This is the transfer instruction for anyone that want to send money to choicebank Intermediary Institution: Bank of America, N.A. NationsBank Tower 100 South East 2nd Street 33131 Miami, Florida ABA ...
5
votes
2answers
300 views

What factors should I consider when evaluating index funds?

Thanks to the people who answered in this question, I've decided to educate myself with index funds and to engage my mortgage preparation funds in them. There are several choices for index funds. ...
2
votes
2answers
52 views

How do “family” deductibles work on US health insurance policies?

In the past, I have had individual health insurance. If I had a $1000 deductible, that meant that I had to pay the first $1000 of my health expenditures each year. Next year, I expect to have a ...
-1
votes
1answer
50 views

What is The Main Reason why Switzerland Don't Use Euro? [on hold]

I want to know what is the main reason why Switzerland don't use euro, considering that the main bank central is there.
1
vote
1answer
50 views

How to determine mortgage or rent payment

I used to know a formula for determining P. I. T. I. (principal, interest, taxes, insurance) payments being $(interest rate x 100) for every $1000 of home value. Does this still apply as the best way ...
-2
votes
0answers
28 views

Mortgage interest rate question?

An adjustable rate mortgage with a teaser start rate of 1.5%, an index of six month LIBOR, a margin of 2.0%, and periodic and lifetime caps of 2/6 with semi-annual adjustments, would have a maximum ...
0
votes
1answer
23 views

Refinance FHA 203k to conventional

I am thinking of getting a streamlined FHA 203k loan for a home. The loan is for $101,300. The best offer I could find is 4% interest, but because of required insurance fees, I would pay $630.13 a ...
12
votes
2answers
3k views

Not paying cash for a house

It is a common opinion that a person should not buy a house for cash even though the funds to do so are available. My understanding is that investing cash and paying mortgage with the interest or ...
0
votes
1answer
21 views

Does level 2 quotes help a non day trader

My broker is trying to sell me expensive data packages that show level2 quotes. If I am not a day trader and my minimum holding period is 3-4 days, do I get any advantage by purchasing level 2 quotes. ...
0
votes
0answers
15 views

value chain for retail banks [on hold]

I have been told to create a value chain for retail banks and I am really confused. I mean, it was preety easy with manufacturing companies but the bank seems quite confusing... I would really ...
1
vote
1answer
35 views

Legality of facilitating currency exchange between private accounts

I have accounts in India and the UK. Similarly, a friend has an account in each country. If I am in need of some money in GBP, I could receive money in my UK account from my friend's UK account. I ...
0
votes
0answers
18 views

Cheapest way to Wire Money to Asia

I am starting an online business and a great deal of my product sourcing will come out of China. My current bank accounts do not allow international wiring of funds. If I set up an account that will ...
-1
votes
1answer
98 views

Where can I buy real gold and sell it later as shown in market?

I want to invest money in Gold. Where can I buy Gold and sell it later when the gold prices are high? (high in the market as shown in market NASDAQ/NYSE)
0
votes
1answer
58 views

Is it a pattern day trade if you close position in after hours?

Say I am buying stock XYZ, is it possible to close my position, in this case sell, as soon as open market hours close or do I have to wait until the next market open?
1
vote
1answer
153 views

Sell covered call on an index option

When I trade an index option (SPX), there is no actual trading going on in the underlying (as opposed to SPY). But some option strategies (like covered call) by definition require a position in the ...
2
votes
1answer
67 views

What will happen to my shares if company delisted

I have shares in a UK listed company called Perform Group. It's recently been the target of a buy out by a private company, and I've received the following notification: AI PG LLC (AI) has ...
2
votes
1answer
59 views

End-of-year purchase deductions

I'm a sole proprietor / contract employee (developer) in Texas (United States) and am planning to make a new hardware purchase. I remember being told that purchases made in the last quarter of the ...
6
votes
4answers
223 views

I'm 20 and starting to build up for my mortgage downpayment, where should I put my money for optimal growth?

I have no credit, no loans, and am a contractor for $40/hr at a company and I expect to work here for quite a while (job security should be above average). Every week, I allocate $300 to my Mortgage ...
2
votes
3answers
133 views

Should I always pay my credit at the last day possible to maximize my savings interest?

I want to pay my credit fast but I'm thinking that being too early would cause me to lose on some of the interest I would otherwise have gotten on my savings account. What is the best route for me to ...
1
vote
1answer
36 views

How can I take out a personal loan as a minor with a co-signer other than my parents?

I'm currently in the process of buying a truck worth $8,000. The seller will only hold the truck for me for a week. It is a private party selling the truck (through craigslist) I currently own a ...
0
votes
1answer
112 views

Why does the IRS only return half of your money when you overpay on taxes?

I was using the IRS tax caclulator and came across this oddity. If I'm overpaying on my taxes, i.e. paying money I don't owe, then why is the expected amount I will be given back less than half by the ...
0
votes
0answers
33 views

How to stop old item on my credit report from “refreshing”?

I found out here that bad items on your credit report are supposed to drop off after seven years. I have an unpaid credit card from 5 or 6 years ago that should drop off soon but apparently it was ...
3
votes
5answers
1k views

Is this HSA too good to be true?

I am grandfathered into this PPO plan which we have one more year before they get rid of it. I think the HSA plan is better now for me but wanted to check. Is this HSA plan better for me? If I ...
3
votes
2answers
67 views

Military Separation

I am 22 years old and in the midst of separating from the Marines. I need some advice on how to manage my assets and best prepare for my future. In the last year I began playing around with ...
1
vote
1answer
58 views

Transferring assets between Roth IRA accounts

I hit the maximum contribution limit on account A, and cash contributions through the financial institution holding account B are a headache. If I sell some of my stocks in account A and transfer the ...
1
vote
1answer
22 views

A deferred capital gains tax similar to the real estate 1031 Exchange but for securities reinvestment?

I am looking for a way to transfer a stock that has done well into a safer investment (like an index fund). I assume the only way I can do this is sell the stock, pay the tax owing, and buy new stock. ...
2
votes
2answers
228 views

Is my Roth-IRA still valid after if the business no longer exists?

I have a Roth-IRA from my company that is no longer in business. Is it still valid for me to contribute to it or do I need to change it?
3
votes
1answer
29 views

Can I pay past expenses using an FSA opened midyear?

In my old job I had a HDHP and HSA. Midyear, I started a new job and switched to a standard insurance plan and an FSA. Can I submit receipts for expenses from January to the FSA that I just opened in ...
0
votes
1answer
34 views

calculating no. of payments

is there a formula to calculate the no. of payments "P" required to pay off a loan amount "X", with an interest rate "Y" and a monthly payment amount "Z". I think "X/Z" would be an approximation for ...
0
votes
1answer
36 views

How trading in currency pair works, underlying techniques and mechanisms

I am somewhat experienced in Forex trading, but I have a question which has bothered me for quite some time. If we for instance go back in time four months, to before the beginning of value loss the ...
0
votes
0answers
23 views

How trading in currency pair works, underlying techniques and mechanisms

I am somewhat experienced in Forex trading, but I have a question which has bothered me for quite some time. If we for instance go back in time four months, to before the beginning of value loss the ...
2
votes
1answer
42 views

What is a “Revenue Credit” on a 401k account statement?

My 401k statement has a new entry labeled "Revenue Credit". This amount is a small amount of significantly less than 1% and less than the expense ratio for any of the funds in the account. There is ...
1
vote
1answer
54 views

How can I prove that a bank owes me money [on hold]

How am I, as a customer of a bank able to prove that I have a deposit-account with money on it? For example what would happen if the computer-system has a bug in it that affects my account. Bank ...
1
vote
3answers
144 views

Buying a house, how much should my down payment be?

Let's say I have 500k in cash and would like to buy a 750k house. My burn rate (monthly spending) is around 4k per month, my income around 8k per month (after taxes, not including IRA contributions). ...

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