0
votes
0answers
1 view

Can I send money from my VCC to PayPal?

I don't have a bank account due to several (personal) reasons, and I can't open one, but in some way (with help of my mobile service provider) I can have as many Virtual Credit Cards as I want. Those ...
-3
votes
0answers
14 views

What is stock exchange?

In my Business Studies book, it is written that it is necessry for the public company to get its shares listed on a stock exchange within 10 weeks from the date of closure of subscrition list. What ...
1
vote
0answers
17 views

If PF is withdrawn by an NRI staying in USA does it become taxable as per US laws?

I have been service in an Indian company for 10 years and now getting transferred to US. I want to keep the PF and not withdraw as I don't need money and it will earn good 8.5% interest for next 3 ...
1
vote
1answer
21 views

Transfer funds from Saudi Arabia to India, to help collegues who can not transfer funds

From past 24 year I am working in Saudi Arabia, From last 1 year in my company workers do not have valid iqama. I have proper valid iqama. Most of workers cant send money to India to their family ...
-2
votes
0answers
24 views

What are the actual consequences of estate tax evasion by a non-resident alien in the US? [on hold]

Definition: here, a non-resident alien is someone who is not a US permanent resident or citizen who had never lived in the US for 183 consecutive days. Question: if such a person has a $10 million ...
0
votes
0answers
19 views

Impartial way to determine my offer? [on hold]

I'm interested in a property for sale in a low-income area of Indiana. What is the lowest offer I can make on a property asking 59,900?
-1
votes
0answers
18 views

please help with an exchange [on hold]

No body wants 2 help me with trade in,everyone tells me that I still owe a lot of amount with the car that i am driving. Dealers and even selling it personal. Dealers tell me to trade with brand new ...
0
votes
1answer
19 views

Do underwriters get more advantage than public who have bought shares?(other advantages than commission)

If a company issues 1000 shares @ $10 each for public subscription. The company was able to collect $9000. Underwriters help the company by buying the left shares (company then collected 90% of the ...
0
votes
1answer
47 views

When I ask a broker to buy stock, what does the broker do?

I have been wondering while learning about finance, how do stock exchange work? I mean when you ask your broker to buy stock at this company, what does the broker do to buy it? What steps does the ...
0
votes
0answers
9 views

Is there a simple valuation method for a spin-off

"Liberated Syndication" Libsybsyn.com is being spun off. This may be the first publicly traded podcast company. S-1 shows positive earnings and 30% revenue growth. Is there a simple method to estimate ...
0
votes
0answers
8 views

bid & ask prices and technical indicators

I have a data set with historical prices (forex but I'm assuming it can be about stocks as well) - open, low, high, close - but there's two of each - bidopen, askopen etc. I want to use those data for ...
0
votes
0answers
10 views

Income statement [on hold]

Trail balance as at 31 Dec 15 states Purchases - $84,400 Inventory - $31,200 While the year-end stock-take confirmed that the inventory balance as at 31 December 2015 was $18,300. Additional ...
-1
votes
0answers
15 views

API for Exchange rate concerning banks of India [on hold]

Is there an API for Exchange rates of different Indian Banks ? I am trying to make an Android app which will help users check out different exchange rates of banks . I came across Yahoo finance and ...
1
vote
1answer
30 views

Fixed Income Portfolio

I am in the last 10 years of my professional career. Kids left the nest. No debts. Have some disposable income to invest towards retirement over the next 10 years before I retire. I am looking to put ...
0
votes
2answers
27 views

What's the point of signing “SEE ID” on the back of my credit card? [duplicate]

I remember in college that we were told to not sign the signature strip on the back of the card, but instead to write "SEE ID", meaning see the signature on our driver's license. Is this a valid ...
0
votes
2answers
20 views

Excess Social Security Witholdings

After a generous hour meeting with a CPA gratis, we ran out of time, but I still had a few questions. I have a full time job and have been doing some contracting work nights and weekends. Full-time ...
0
votes
2answers
22 views

Increase W4 Exemption + Increase Retirement Contribution

I'm currently maxing my 401(k) contributions ($18k) and funding my and my wife's Roth accounts ($5500 each). She's currently only contributing $200USD/mo to her 403(b). Due to us owing an extra $...
-2
votes
1answer
46 views

is it possible to request a bank to change a car for me to one of cars they have repossessed? [on hold]

I am driving a BMW 320i 2011 model in 2015 October. I want to know if is possible to request a bank to change a car for me on one of cars they have repossessed?I don't get paid enough anymore at my ...
-2
votes
1answer
37 views

Is it smart to take OSAP student loan right now?

I am going to grad school in Canada this September and have a chance to borrow ~$15000 at a rate of prime+1% (provincial loan) and prime+2.5% (federal). I would guess the 15000 is split 50-50 between ...
0
votes
0answers
36 views

Can a cosigner remove the primary borrow's name from a loan?

My dad signed with me to purchase a mobile home and attached the home loan to land that is in my dad and moms name only. The loan is set up on a "balloon" payment and comes due every 3 yrs. My dad ...
-1
votes
1answer
90 views

can I back out after signing a mortgage loan disclosure?

Can I change to another lender after signing a mortgage loan disclosure? I'm a first-time home buyer, not refinance. Thanks.
1
vote
3answers
76 views

How much to withhold from paycheck (form W-4, page 1, item 6) when you have variable income?

My wife got a job as an English teacher. She will be paid on an hourly basis depending on the number of students, classes, etc. When it was time to fill in her W-4 we weren't sure about what to write ...
-5
votes
5answers
192 views

When a stock price goes down, does the money just disappears into thin air?

For a stock with market cap in hundreds of billions, when the price goes down, it's market cap could drop in billions in seconds. When this happens, does the money just disappears into the thin air? I ...
-2
votes
0answers
40 views

Will work for donations [on hold]

We are beginning our meetings in 3 weeks for our youth ministry and haven't gotten one donation so my husband and I are offering to do work for donations for the youth ministry anything for the kids ...
3
votes
1answer
63 views

US - My dependent (wife) started working. What should I do about our income tax?

My wife has been my dependent up until now since she hasn't worked this year. We are filing taxes jointly. She is an English teacher and got a few part-time jobs (on average 5 hours a week each job, ...
1
vote
0answers
36 views

How to read loan estimate, what to look for?

We are buying a newly constructed house and have been trying to compare loans from 2 different lenders (builder lender and our own lender). They both sent us the loan estimate sheet in similar format ...
0
votes
1answer
60 views

Typically how many digits are in a cheque number?

I'm writing an application and I'm trying to validate cheque numbers before I submit them for payment. From what I've found online cheque numbers are 6 digits in length, but I'm wondering if it's the ...
0
votes
0answers
41 views

Service contract, promissory note in lieu of inheritance [on hold]

In a Medicaid-compliant Personal Service Contract, what are some ways a caregiver can be paid? What are the associated tax implications? The caregiver is a resident of Illinois; the patient lives in ...
0
votes
0answers
40 views

What are the tax implications of transferring call options from my corporate account to my personal account?

Place of residence: Ontario, Canada (personal and corporate). I have call options in my corporate business trading account. (A corporate business account is a business account for a corporate entity.)...
-4
votes
0answers
42 views

Tax on long term capital gain [on hold]

I sold a plot in April 16 for 31L and my long term capital gain is 10L. Using this money I booked another residential plot in may 2016 for 45L and I have done all the payment to builder through ...
4
votes
1answer
115 views

How far do I go with a mortgage approval process when shopping around?

We are currently in the market to buy a new home, and it's our first time dealing with shopping for mortgages. Our realtor put me in touch with her brokerage partner, and I've also been in touch with ...
0
votes
1answer
76 views

renting company houses room as director

I have limited company in UK, and I d like to buy a house on companies name and rent one room of three to my self(director). what are the complications about these kind of things, lets assume house ...
26
votes
5answers
4k views

Short term parking of a large inheritance?

What are the options available for safe, short-term parking of funds? Today I received an inheritance check for $250,000 (I am in the U.S) and I don't know what to do with it – at least in the short ...
4
votes
1answer
53 views

How will a limit order be executed when the stock market opens if there is a large change from the price of the day before?

Maybe a dumb question, but I'm just learning. So news and after/pre market trading all help to determine what the price will be for a stock when it opens, but does this affect all orders the same? ...
-3
votes
0answers
69 views

Stock Market or Life Insurance as Investment

I am faced with a question and I am not sure what category this falls under. It regards a financial decision of investing into the stock market $9,000 a year, assuming a growth of 3.5% CAGR for 15 ...
-1
votes
1answer
51 views

Can a stable value fund contain equities?

Can a stable value fund legally contain equities? I understand that the insurance premiums would be very high, and because most stable value funds are provided by insurance companies it would be ...
3
votes
1answer
118 views

My retail store credit card charges a fee after the balance is paid

My retail store credit card charges me a $2.00 fee the month after I pay my balance in full. If I pay by the due date is this legal ?
-2
votes
0answers
45 views

Tax breaks for solar/renewable energy companies? [on hold]

Do companies that make solar energy equipment get a break on taxes? Unfortunately I was not able to google this because there are a million pages on the investment tax credit for individual buyers of ...
0
votes
1answer
29 views

Get rebate if investment tax credits exceed taxes due?

If I get a large investment tax credit that exceeds the taxes that I owe, do I get a tax refund, or is the credit lost? If excess credits cannot be turned into a refund can I defer them to another ...
0
votes
1answer
106 views

Does Gold Pay Interest In Negative Rates?

From my SO the other night: Gold pays interest when there's negative rates. If someone holds gold, they have to store it in a manner that will cost (money or time) and if someone holds gold in a ...
0
votes
2answers
57 views

How does a company select a particular price for its shares?

If a company first sell its shares at 10rs per share, what would cause a sudden rise to 20rs per share? Is this price increase due to demand? How would they actually calculate that the price now ...
16
votes
4answers
3k views

Can a check be destroyed or does it have to be returned to the person

I sent a check for a partial payment of a debt to a lawyer. They now have requested I send them one check for the entire amount and once they receive that in-full check, they will destroy the ...
5
votes
2answers
52 views

How to read bond yield quotes? What do the time, coupon, price, yield, and time mean?

I am newbie in finance and I recently saw Bloomberg bond yields quoted as follows: Can anyone specify what "1 month" and "1 year" mean? What do coupon, price, yield and time (EDT) mean?
21
votes
4answers
6k views

Can you explain why these items are considered negatives on my credit report?

I just used 'Clear Score' to find out my credit rating. My score is higher than both the national and local averages, but there are 2 'negative' results shown. Negative (2) Your oldest active ...
0
votes
1answer
48 views

Stocks by sector on italian market? [on hold]

I need the list of all stocks exchanged on italian market by sector: chemistry, goods. It would be enough the list of actions divided by sector. The aim is to study what are the "best" (in my ...
6
votes
5answers
138 views

CIBC bonds with negative return [duplicate]

There is a story on CBC that investors are lining up to buy bonds with negative return from Canadian Imperial Bank of Commerce (CIBC). I don't understand why they are doing so. Can someone explain ...
0
votes
2answers
51 views

What's the appropriate way to signify an S-Corp?

If I have traditional company called Acme then I'd write: Acme, Inc If it were an LLC: Acme, LLC If it were a Limited Partnership (I think -- I'm basing this on LucasFilm): Acme, Ltd. If I were ...
2
votes
1answer
43 views

Definition of day trading

Recently I got into trading thanks to the Robinhood app, for which there's no cost to trade. My question is regarding what constitutes "day trading". Example 1: You sell 20 stocks with ticker symbol "...
0
votes
0answers
58 views

Are there unembossed cards with PayPass/PayWave? [on hold]

I suspect what contactless transactions are considered by MasterCard/Visa less trusty than regular ones. Also, I know what Mr. UNEMBOSSED NAME is rather shady cardholder (from MasterCard/Visa PoV) as ...
0
votes
1answer
65 views

Do Affordable Care Act business requirements apply to “control groups?”

The Affordable Care Act (a/k/a Obamacare) imposes certain requirements, restrictions and obligations on business entities. For example, businesses that employ over 50 full time workers must ... etc. ...

15 30 50 per page