-1
votes
0answers
5 views

Proof for money multiplier formula

1/r where r = reserve ratio. For 10% ratio every $100 deposit will create $1000. Can someone show a proof for this? Was the formula derived through summation?
0
votes
0answers
7 views

What is the cheapest way to transfer MYR in Malaysia to a Canadian account for amounts over 10k?

I'm moving back to Canada after working in Malaysia and I would like to transfer my account balance as well. However, my Malaysian bank account offers a horrible exchange rate for international ...
4
votes
1answer
143 views

New company doesn't allow 401k deposits for 6 months, what to do with money I used to deposit?

I plan on taking a new job that does not allow employee 401k contributions for the first 6 months. I am used to maxing out my 401k, and this seems like a dangerous amount of money that I don't want ...
0
votes
0answers
11 views

Do i have pay taxes to USA when selling from outside? [duplicate]

I have a website where I sell automated services (specialized applications) with a monthly payment of 20USD per customer using a PayPal account, I am located in Colombia. My target is people from ...
1
vote
2answers
31 views

Is this True about Put option

I was reading on option trading put option. They have stated that Volume on put option is less then the call option. Is it true? If it is why ?
1
vote
1answer
30 views

Are thematic ETFs also good investments?

There are ETFs out there that track everything from women in leadership to environmental responsibility. And if you don't like social responsibility, there's always VICEX. I reckon people invest in ...
-3
votes
1answer
40 views

Selling Home Have a question not sure how to put it

I selling my house that I been in (1999) and never refinance will I be getting money back from that?
3
votes
0answers
36 views

What to do with undergraduate loans if starting graduate school? And how to manage graduate school loan?

After graduating and working for 1 year I have decided to attend graduate school. I have outstanding balance on my Direct Sub Stafford Loan from my undergraduate amounting to about $10,000. $5300 is ...
-1
votes
0answers
28 views

Looking for Cheque Printer? [on hold]

I am looking for smallest possible cheque printer for printing cheques after highest security cheque paper with all possible features is attached to the printer and data written using the software. ...
3
votes
1answer
30 views

What does HMRC (the UK tax agency) view as valid expenses for travel?

I understand that any expenses must be wholly for business purposes, so that means normal eating doesn't count, it has to be outside the usual pattern of business. However there seem to be a lot of ...
0
votes
0answers
20 views

Can I deposit a check into my business account for a closed entity

I own several entities, all with the same core business name (e.g. holdings, services, group, media, technology). The one with the group name was closed, as we decided to run everything through ...
4
votes
1answer
56 views

Do I need to have a formal rental contract to get renters insurance?

My girlfriend is going to college for the next 4 years and her parents just bought her a condo to stay in while she is at school. I will be staying in it with her, and there is a room for her parents ...
-5
votes
0answers
36 views

Delphix Corp ? Will it go IPO and around what price and when? [on hold]

Delphix Corp ? Will it go IPO and around what price and when ?
1
vote
1answer
48 views

Can this check still be honored? [duplicate]

I recently found in my late husband's files, an uncashed payroll check dated 2/07/90 in amount of $557.74 which he apparently had overlooked. He passed in 2012. Is it even pos- sible to be ...
2
votes
1answer
207 views

Why naked call writing is risky compare to Covered call?

From my knowledge-- I know for sure that Covered Call: Requires you to owe underlying share before writing option and Naked call you don't have to but if you lose you are obligated to sell ...
3
votes
2answers
74 views

Using credit card balance transfer to pay Mortgage line of credit

I have a mortgage which has a credit margin at rate of 5.75% which I would like to get rid of as soon as possible. One strategy to lower the interest cost would be to using one of my credit card to ...
1
vote
1answer
53 views

Bank refuses to allow withdrawal due to ID/citizenship issues

My sister has a bank account--and a passbook as proof of that bank account, in China. She opened that bank account as a Chinese citizen with a Chinese ID, and it currently has approximately $35, 000 ...
2
votes
1answer
72 views

What type of low-cost stock index exchange-traded fund (ETF) would give the best long-term total return?

What type of low-cost stock index exchange-traded fund (ETF) would give the best long-term total return, based on historical stock market data? Would it be a narrow blue chip stock index or a broader ...
1
vote
4answers
53 views

Personal credit card for business expenses

If I have a personal credit card that is only used for business expenses, is there any disadvantage? The company is a sole prop. If the company becomes an LLC, will that make any difference?
4
votes
3answers
48 views

How can I get the most value from my employer's ESPP?

My employer offers an ESPP with the following details: 15% discount Max contribution is 15% of base salary Purchase transaction occurs on the last business day of the month Transaction settles 3 ...
1
vote
1answer
28 views

When abroad, ATM or Bureau?

If I am travelling abroad, what it likely to give me a better exchange rate? Exchange Bureau Pull large sums of cash from an ATM Note; I've been told that using ATMs is actually cheaper if you do ...
0
votes
1answer
34 views

Is it possible to send money from India to USA using Paypal?

I want to send $500 to a friend based in USA. But after searching on internet I was able to find that we could not send money to USA but on some websites I found we could send the money. Does anybody ...
2
votes
0answers
17 views

Tax return if worked partially in the UK and partially in Germany

I have worked from Jan to July 2015 in the UK and from Oct. to Dec. 2015 in Germany. I'm not sure if it makes sense for me to submit a tax return claim. (The tax year in the UK runs from April to ...
3
votes
4answers
98 views

Withdraw funds with penalty or bear high management fees for 10 years?

I have a friend in the following situation: They worked with an investment manager to invest $300,000. The manager charges 1.5% of assets under management quarterly. The manager has invested all the ...
0
votes
4answers
45 views

How does a online only bank protect itself against fraud? [on hold]

I'm sure this is a very broad question. I wanted to know your thoughts and possibly reading sources on What are the top 2-3 ways that criminals conduct online fraud? IS there any data that I can ...
1
vote
1answer
15 views

Credit influence of transferring debt to new account

I understand that the age of my accounts has an impact on my credit score. My oldest account, by a wide margin, is my federal student loan. I'm hoping to minimize my payments in size and/or how long I ...
0
votes
0answers
30 views

Who is a reputable Forex broker? [on hold]

There is so much spam in this industry that I do not know who to trust. Who is a reputable Forex broker in forex trading?
0
votes
1answer
27 views

Can I recharacterize my Roth since my income this year is foreign?

I moved abroad a couple years ago, but 2015 is the first year that I am claiming to be a bona fide foreign resident. I have been contributing to a Roth IRA for years. Filling out my return this year, ...
2
votes
4answers
840 views

Resources to begin trading from home?

Apologies in advance if this type of inquiry is inappropriate for this StackExchange. But it is a personal question, and it is about finance, so... Anyway, here is the backstory so far - I will try ...
1
vote
2answers
40 views

Partner buy-out

I am in the process of buying out my partner, for a few reasons that are legitimate. To start let me say we are in an oil related buisness. The problem is he invested 140,000 for 45% a year and half ...
3
votes
4answers
139 views

How to pay down credit card debt

Last year I was at a good university and I decided to quit my job and take on a huge load of classes in order to finish in two semesters. I have a wife and a child and the student loans are based off ...
0
votes
5answers
96 views

Is buying a home a good idea?

My husband and I have disagreed on this subject for a long time. He thinks buying a home is more of a burden than a good thing. We rent a nice house, and if something breaks we call property ...
1
vote
1answer
45 views

Saving in foreign currencies

I live in the UK and am looking at opening a USD account. The primary reason for this is that I work for an American company whose employee share plan deals in USD, so it is required for that. However,...
-3
votes
2answers
39 views

Are there brokers or companies who trade Forex and make money for us on our investment? And do you think fxtradeinvestment is legit?

So I was looking for some extra income and found forex is a good way to earn a little extra money. I want to know whether there are companies or brokers who trade forex for us and pay us on our ...
4
votes
3answers
230 views
+100

Why do volatility stocks/ETFs (TVIX, VXX, UVXY) trend down in the long-term?

I've noticed that stocks/ETFs that measure volatility (TVIX, VXX, UVXY, XVZ) are all trending down massively (eg VXX going from $7000/share on 3/09 and on 6/16 it is around $16/share) in the long-term ...
1
vote
1answer
23 views

How to represent Company return

I was doing W2 contract work and received my W2s. The company I was contracting for contacted me and claimed they had withheld too much money for city taxes and are returning it to me via fedex in the ...
0
votes
0answers
30 views

Best Technical Indicator [on hold]

What is the Best Technical Indicator in Forex?
1
vote
1answer
16 views

Report taxes from U.S. dividends with Computershare and Questrade

I read that holding a U.S. stock in a Canadian non-registered account (or even a TFSA), the Canadian resident will pay withholding taxes. But in order to reduce the rate to 15% you'll need to fill out ...
0
votes
2answers
43 views

Entry point level for buying stocks [on hold]

With the Brexit in full force this Friday, many US indexes fell anywhere from 3-5%. Is Monday a good entry point for a buyer's mind or will the bull continue for the next few weeks?
1
vote
1answer
19 views

Taxes on foreign and local dividends held in a TFSA

As far as I read in many articles, all earnings (capital gains and dividends) from Canadian stocks will be always tax-free. Right? In contrast, holding U.S. or any foreign stock that yields dividends ...
-5
votes
2answers
60 views

On average, how much money can an individual make from the stock market? [on hold]

I am thinking of entering the stock market, but I'm not sure I'll be able to even profit from these stocks.
0
votes
1answer
49 views
+50

Double reported account closure, no credit history

I'm part of a credit union. I thought I had set up monthly automatic payments from my checking account to my credit card for the monthly fee ($25 each month). Through some way or another, that didn't ...
2
votes
1answer
75 views

Can an employer refuse to remove a spouse who recently acquired their own health insurance coverage?

My spouse recently took a new position with benefits. Where I have been providing benefits through my employer I contacted them and ask to remove my spouse. At first, they said not a qualifying ...
1
vote
0answers
17 views

Insurance for car rental [duplicate]

I'm trying to find the best way to have a good insurance coverage when renting a car without a credit card or car insurance. Here is my situation: I've arrived 6 months ago in the US, and am ...

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