0
votes
0answers
2 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, ...
1
vote
2answers
19 views

Advantages of paying more to mortgage while you know you won't continue to live there for whole of your 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
13 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
0
votes
3answers
30 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
0answers
18 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
0answers
9 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
11 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
26 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
24 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
30 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
30 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
19 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
10 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
16 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
16 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 ...
1
vote
1answer
21 views

Currency forecasts for ordinary people

I'm in a situation where I earn money in one country and have debts in another, and/or intend to relocate there eventually. Thus, at some point I'll have to transfer my earnings to another currency. I ...
0
votes
0answers
11 views

How much does the volatility change for a 1$ move in the underlying

Is there a quick and dirty way to approximate how much the volatility of an underlying would change for a 1$ move in the underlying. The individual option Greeks measure the sensitivity of an option ...
2
votes
1answer
27 views

what is a mortgage gift exchange?

How do I do a gift exchange on a mortgage? my ex husband is on the mortgage loan and we are both on the title. he wants to turn over the mortgage to me, by doing a gift exchange, how does that work?
2
votes
2answers
33 views

Why don't forced buy-ins of short sold stock happen much more frequently?

When you short sell a stock, you are borrowing the stock from a lender, and the lender always has a right to say that they need their shares back, which might result in a forced buy-in by your broker. ...
-1
votes
1answer
55 views

When an investor makes money on a short, who loses the money?

Is it the securities lender? If so, do they discriminate on the stocks they are willing to lend, or will they lend any stock? It seems like the business of lending securities would be extremely ...
2
votes
2answers
57 views

Taxable Website Ad Revenue

This is based in United States. I have Ad revenue that I pay taxes on as Misc income on a schedule C. I also do freelance web development for a hourly rate, and hold a W2 job. The question: If I ...
0
votes
1answer
25 views

What is the Average Yield on High-Grade Corporate Bonds as of Now?

I am looking to update the formula used by Benjamin Graham to calculate a stock's intrinsic value. His most recent formula can be found at http://en.wikipedia.org/wiki/Benjamin_Graham_formula. The ...
1
vote
1answer
27 views

How does per-annum depreciation for taxes work after the first year of depreciation?

My state requires me to report personal property that I use for my design business. Here is the specific form in question: http://www.dat.state.md.us/sdatweb/pp1inst_2015.pdf. The form says that ...
1
vote
0answers
20 views

Gift tax exemption amount on funds transferred to parents joint account from US to India

What is the limit on the amount of funds that I could transfer to my parents' joint account (held by my mom & dad) without incurring gift tax? I see the limits posted as $14000 per recipient, ...
1
vote
0answers
18 views

How does a bank determine when to report you to Credit Bureaus when added as an Authorized User on a Credit Card?

I've heard that when you are added as a an authorized user on a credit card, it would be reported on your credit history. Example: Larry has a Chase credit card John Doe has no credit cards Larry ...
1
vote
1answer
37 views

Is it usual for a tradesperson not to charge VAT?

A trader we are using has suggested that we don't need to pay VAT as he doesn't earn enough to pay it. Is this normal? All of the other quotes we received said we would need to add VAT on top of the ...
1
vote
3answers
60 views

How do I know if refinance is beneficial enough to me?

I have been contacted because mortgage rate dropped recently. But to what extent it will be beneficial to me to do re-finance.
1
vote
0answers
11 views

What factors go into determining interest rates and other terms for a loan to small business?

If as a private individual (friend/family), I would like to loan money to someone to start a small business: What factors should I take into account when determining the interest rate? Are there ...
1
vote
2answers
49 views

How is salary of an owner get determined in a small business?

How does a salary of an shareholder (who is also President/Owner in the company) get determined for a small business Example situation: Owner of Company: owns 90% stake Investor in Company: owns ...
1
vote
1answer
30 views

What is the difference between owning shares in a company, having a percentage in a company, and owning convertible debt

I'm pretty new to investing. Some ways I've heard it's possible to invest in a small business are: owning shares in a company owning stock in a company holding a percentage in a company (does this ...
0
votes
0answers
20 views

Estimating rates on potential loans without officially applying

Is there any way to estimate the rates on a potential loan without applying? I'm thinking of some calculator that takes into account: Loan type (auto/revolving/installment/mortgage/etc) Your income ...
0
votes
1answer
30 views

Self-Employed Individual 401k Contribution Tax Questions

If as an unincorporated self-employed person, one contributed x dollars to my individual 401(k) personally y dollars to my individual 401(k) as my own employer How are these two numbers reflected ...
1
vote
2answers
88 views

Need to pay for urgent care that did nothing but send me to the ER?

My daughter went to urgent care, but they took one look at her and told me I had to bring her to the ER downtown instead. So, we did that, and thankfully she is now okay. In addition to the big bill ...
2
votes
1answer
28 views

Still invest in 401K with a high expense ratio?

I know that a low expense ratio is preferred. But what if the expense ratio is above the threshold limit (e.g 1.20%+), do you still invest in a 401K or not bother at all?
0
votes
1answer
24 views

Estimate a future option price given greeks and a 1$ move in underlying

Let us say underlying is at 50$, and the 50 call is at 0.50. delta=0.5, gamma =0.5, theta = .02, vega = .10. I apologize if these numbers are not realistic, I am very poor at Greeks. My question is: ...
0
votes
2answers
57 views

Soft Loan using a 0% APR credit Card

I am getting a new Student Credit Card . It has as 0% Intro APR for 18 months. The credit card company is ready to loan me money, which I can repay in 18 months at 0% APR. With this loan money I ...
1
vote
1answer
76 views

How to invest in drones?

I expect the drones will be in the nearby future something very usual to our daily environment. Therefore I am wondering what is the best way to be invested into drones? Are there any trusts/funds to ...
1
vote
0answers
56 views

How to recover value from a term life insurance policy?

This happened in Canada. A person has a life insurance policy that matures in 2024 (in 9 years) and he has been paying monthly premium since 1996 (for 19 years). He lost his job and is not able to ...
-1
votes
0answers
40 views

NASDAQ real-time trades: How determine the BUYS from the SELLS?

On the NASDAQ website, showing real-time trades for individual stocks, how does one determine which are "buys" and which are "sells" with regards to any stock? Is there another website where this ...
0
votes
0answers
35 views

Forgot to sign at the bottom of money order

I recently sent a money order. I wrote the recipient's name, but forgot to sign at the bottom. I also don't have the receipt for the money order, hence I don't know the number associated with it. Is ...
0
votes
1answer
29 views

direct registration system vs brokerage firm

A year ago I bought 10 X stocks. Time flew by and I checked my stock account and I had received a whopping 10EUR in dividends. Sadly it all was eaten by account management costs, which is about 24EUR ...
1
vote
2answers
26 views

Is Income coming into saving account in India from Dubai is taxable?

I am staying out of India since from 22 Jan 2014 to till now in Ethiopia and now in Rwanda. Between this period i went India for 6 days. I am getting salary (INR) from Dubai based company in my Indian ...
0
votes
1answer
38 views

Using a brand name in a product which I will sell [on hold]

I own a company where we manufacture vinyl stickers which wrap up devices, varying from phones to game consoles. We had plans to create a design for Game of Thrones, but we are unsure how this bit of ...
9
votes
4answers
2k views

Is there a catch in applying for a credit card with the first year free, then cancelling before paying for the 2nd year?

There are a lot of cards with very tempting bonuses and rewards which include the first year annual fee revoked. The thing is, I want to take advantage of the specific benefits and then bail out ...
0
votes
1answer
30 views

What's the difference between a company's after-tax profit and their sales/revenue?

Two fundamental analysis formulas have got me confused. One is the EPS (earnings per share) and the other is P/S (price/sales ratio). If I understand the formulas correctly, EPS is calculated by ...
-1
votes
0answers
27 views

Why the total value of the whole economy is constantly appreciating? [migrated]

Take S&P for example. In the long run it just keeps climbing. Same for the market as a whole. Why would this happen? Why the market keeps going up (in the long term) all the time? (source)
0
votes
1answer
30 views

Do proceeds from a sale count as income for the decedent or the estate when agreement is prior to death and payment is after?

This is a question about US taxes and accounting. The documentation I've read says that if an estate is run on a cash accounting system, then any income received after the decedent's date of death is ...
1
vote
1answer
85 views

Using stock options to lower income tax in the USA?

Lets say I have a small company and I pay myself a salary of 200k / year. I'm in the 33% tax bracket. I've thought about a strategy to lower my taxes to about 20%, but not sure if it's viable. Would ...
2
votes
2answers
72 views

To whom should I report fraud on both of my credit cards?

I have two credit cards with separate banks. In the last two weeks, I've had one fraudulent charge on each of them. Both fraudulent charges were from businesses in the same city, that is not where I ...
1
vote
2answers
190 views

Buying a house 50/50

I'm thinking on buying a house with my Business Partner. I would be living on it. We are thinking on going 50/50 on the loan and down payment and hoa and repairs . Since I would be living there we ...

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