0
votes
1answer
73 views

When do you pay the annual fee for a credit card?

This may seem like an obvious question but there seems to be no other resource online explicitly explaining this. Say I have a credit card with an annual fee of $X. Do I pay $X when I apply for the ...
1
vote
1answer
43 views

What happens to personal data I disclose for joining an employee stock plan?

My employer has offered me to participate in a stock incentive program wherein I will receive a certain amount of stock in their American parent corporation on the (ostensibly) sole condition that I ...
1
vote
1answer
93 views

What is the maximum number of options I can buy if the price is $0.01?

In options trading, the lowest price for one call option can be as low as $0.01, for example for one contract which expires in a year. My question is what is the maximum number of options I can buy ...
1
vote
1answer
40 views

Inspection Contigency - Form 35 (NWMLS)

After a residential home inspection has occurred, and both parties have signed/initialed an inspection response (NWMLS Form 35R); What are the buyers options for recourse when the seller does not ...
0
votes
2answers
218 views

How will my stock purchase affect my taxes?

If I purchased $5000 in stocks for one company (on NASDAQ), will that be counted as an investment expense thus reducing the amount of taxable income that I have for the year?
3
votes
2answers
64 views

Do IBANs have error correction built in?

I recently became the bursar of my sports club. My most frequent duty is to make payments. I get a bill, usually on a piece of paper, log in into our bank's online banking interface, and make a SEPA ...
2
votes
1answer
30 views

Capital gains tax applicability if buying a House abroad

I want to sell my House in India and bring that money to UK (living here for 2 years) to buy a house in UK. It will help me securing a loan by increasing the down payment I can make. My question is, ...
0
votes
1answer
24 views

Investments as an NRI

I would like to gain clarification in regards to my investments made as a resident and also as a NRI (Non-Resident Indian). The investment done in mutual fund during the tenure being an resident was ...
0
votes
1answer
73 views

Is it legal for Shutterfly to expire their Prepaid Plan in CA, USA

Sorry if this is off topic, but thought it was the best site for this question: I was just on Shutterfly and noticed that I had an expired prepaid plan. I live in California and remember there are ...
1
vote
1answer
103 views

Sending funds to someone with no bank account

My nephew is getting released from jail in about 30 days, and lives in another city. My brother has agreed to send him funds to obtain a living space from his account that my brother is now the ...
-1
votes
0answers
61 views

Is my diversified investment strategy wise?

I maintain asset allocation of 10% cash, 70% equity (Domestic and International), and 20% bonds (mixed Domestic and International). I maintain only Morningstar 5-star mutual funds for all equity and ...
3
votes
1answer
133 views

Structure of Final Bond Payment

If I buy a bond and hold it to maturity, will the final payment be dependent on the current price of the bond, or will it be the amount I originally paid?
2
votes
1answer
123 views

How can I track down physical gold bought by my grandpa, but held by the bank?

My understanding is that my Grandpa and Grandma bought a gold bar or a portion of a gold bar and were issued a receipt and the gold was either held by the bank that facilitated the deal or a third ...
0
votes
1answer
29 views

Do the credit bureaus have 14 or 30 days mortgage rate shopping window ?

I got prequalified 15 days ago. Now, I am planning to get prequalified with other lenders to compare the rates, and get a better deal with my mortgage APR rate. However, I'm worried that the credit ...
3
votes
2answers
56 views

In a retirement account, is there any reason to purchase deferred annuities now instead of near retirement?

There are lots of sources online that talk about how if you are saving your retirement money within a tax-sheltered account (401k, 403b, etc), you are likely better off with mutual fund investments ...
-1
votes
0answers
26 views

Who decides the share price on daily basis? [duplicate]

Suppose 5 day ago I bought 10 share of MyCOM.Inc at rate of 50$ per share and today its price is 55$ per share. How does it increased? Who decided to raise the price of a share? I understand when ...
3
votes
4answers
136 views

The hotel manager took a photo copy of my debit card. Do I have a reason to be worried?

Last week I visited Turkey. I came to a hotel my traveling agent has reserved a month before, but the reception officer didn't let me in because he said my voucher was cancelled. After an hour of ...
5
votes
1answer
170 views

Minors financial rights in the US

I've been looking at options for minors in the USA regarding their finances and everywhere I look, I see 'people under 18, need a guardian, parent etc. to open a checking/saving/brokerage account' and ...
0
votes
3answers
86 views

Does Maxing my Roth IRA Early in the Year Provide More in the Long Run?

Recently, I've been looking into investing into a Roth IRA since I'm in the lower end of my twenties. Due to no employer match and feedback from co-workers, I felt this would be a good option to ...
-2
votes
0answers
44 views

Bond and Payments question

A 10-year bond of a firm in severe financial distress has a coupon rate of 14% and sells for $900. The firm is currently renegotiating the debt, and it appears that the lenders will allow the firm to ...
0
votes
2answers
73 views

New to stock market, need some help understanding 'Stock Last Price v Ask Price'?

I entered Investopedia's Simulator game and was looking to buy some shares of Netflix. This is the data at the time: Last Price 574.60 Ask Price 574.76 When I placed my market buy order of 100 ...
0
votes
3answers
77 views

How to shop for mortgage rates ?

I have already been prequalified with 3.8% (but I am sure I can do better :)). Now, I am about to make an offer on a house. So, once the seller accepts my offer, how do I rate shop ? Do I need to ...
2
votes
2answers
95 views

what happens if you win a car and then sell it?

So if you win a car as part of a contest you have to pay income tax on the ARV (approx retail value) of the car. You get a 1099-MISC to assist you with that. So what happens if you turn around and ...
0
votes
2answers
47 views

Is it possible to split a bought price made with a credit card into some monthly payments?

I'm from Brazil and here the thing works like that: If you buy a 300-dollar TV, but the limit of your credit card is 200 dollars, you can split the payment into 2 or even into 12 times. Since, each ...
0
votes
1answer
50 views

Withdrawing money abroad

I am visiting europe but i am using my local bank in my home country. My home country bank cut international withdrawal fee every time i withdraw, thts fine but what i wanted to know, when is it good ...
4
votes
3answers
108 views

What are the down sides of maxing out the 401k?

Please advise me whether I understand this correctly: The benefits of maxing out the 401k: Your contributions are tax-deductible, so it lowers your income during tax filling As your money grows ...
-3
votes
0answers
36 views

Can CreditCard company come to my Home Country and ask for payment or Sue me? [duplicate]

I was in USA for last 10 years, and I am not able to repay the credit-card payment, not even the minimum payment due which i am paying since last one year. I was paying the minimum payment due ...
-1
votes
0answers
23 views

How to get analyst estimates of all listed companies from yahoo finance

I want to analyze all analyst estimates data of all listed companies in yahoo finance. e.g. http://finance.yahoo.com/q/ae?s=AAPL+Analyst+Estimates Is there a way to download all data by using API or ...
0
votes
1answer
30 views

Book Value vs Market Value of PWT.TO

I'm new to this forum, so please excuse if my formatting or something is wrong. Anyways, I had a question regarding stocks. The particular question is regarding PWT.TO; Penn West Petroleum Ltd. on ...
4
votes
2answers
112 views

If I buy goods for a friend, and then he pays me cash and i deposit it. Will I get in trouble?

I have a friend from Mexico that asked me to buy flight tickets for him. Its about 2,000 dollars, and he's going to give me the money in cash so I can deposit it in my account and pay my credit card. ...
-2
votes
0answers
47 views

What is the minimum investment in a bond

I am looking at some Canadian bonds. What is the minimum amount that I can invest in each of these bonds? Is it the same for all or is it different for each bond?
0
votes
1answer
44 views

Using simple moving average in Equity

I have read about simple moving average. However I am still not able to analyse on how to use it in equity(Stocks). I have read about many SMA, 5 day SMA, 10 day SMA and 200 day SMA. However want ...
3
votes
2answers
76 views

When paying estimated quarterly taxes, can I prorate the amount based on the irregular payment due dates?

My husband became a partner at his law firm this year and so this is the first year we are having to pay estimated quarterly taxes. I am confused about why one would be expected to pay 4 equal ...
1
vote
1answer
38 views

I left my job 2 years ago in 2013 and I am joining a new company now in 2015 . Can I still have my old EPF account transferred to the present one?

I was working in tech space for period of 10 months before quitting my job to go for higher studies in 2013. Somehow I never withdrew any money nor contributed anything to my EPF account after ...
-2
votes
1answer
83 views

Can't pay with PayPal balance, only shows credit card to pay with

I have about $460 USD in my PayPal balance, and my account is verified. I tried to order a flight for about $400, but the only option PayPal provided is to pay from credit card. I called the flight ...
0
votes
0answers
44 views

Where to find average monthly return of a Mutual fund

This page describes volatility of the S&P index. http://www.businessinsider.com/average-monthly-returns-since-1929-2013-8 Im looking for a tool that will do this for a Mutual fund and possibly ...
2
votes
1answer
71 views

FBAR: Is it better to tick “Maximum account value unknown” or make a rough estimate?

In FBAR, there is a checkbox (Line 15a) that allows you to check "Maximum account value unknown" and not report the exact value of your account. I don't know my account's maximum value for the entire ...
16
votes
5answers
2k views

Oversimplify it for me: the correct order of investing

I have been reading the top posts here, and the recommendations for what to invest in are often similar. What I'd like to know, in as simply of terms as possible, is what the consensus is on priority ...
1
vote
3answers
74 views

How to exchange foreign non-US currencies cleverly, in Canada?

I ask this for my friend in Canada who wants to exchange some Asian currency into CAD. We all wish to avoid banks' exorbitant conversion fees. Norbert's Gambit appears to apply only for converting ...
0
votes
0answers
50 views

Why is a 2-year bond not a good store of nominal value?

I was recently confronted with the following question: Which of the following is not a good store of nominal value? a: checking deposit b: savings deposit c: 1 2-year bond d: a 3-month CD The ...
2
votes
1answer
75 views

Legal way to give money to friend in USA and take equivalent amount in India

Is it legal to give money(USD) to a friend in USA and take equivalent amount in India? My friend is planning to buy a house and he wants some money in USA. He has the equivalent amount in India. ...
2
votes
0answers
33 views

What is the economically rational way to fund leasehold property management?

I am trying to find a company to manage the block of flats (apartment building) I live in. What is the economically rational way to pay for property management services, According to traditional ...
0
votes
1answer
21 views

Can I buy a bond at par if I buy it at the time of issuance directly from the issuer

When a company issues bonds, if I buy directly from the company at the time it is being issued, can I hope to buy the bond at par? I am looking at canadian bonds and all of them are selling at premium ...
3
votes
1answer
60 views

Do longer term bondholders get preference in getting money back when a company defaults?

When a company defaults on its debt, would the 10 year bondholders be given preference to the 1 yearr bondholders while paying out money? What is the order of preference?
1
vote
1answer
95 views

What is the optimum way to draw money from your retirement nest egg

Let us say I have put away a nest egg like this (all numbers in CAD): Cash/GIC : 100,000$ Stocks/ETF: 100,000$ Bonds:100,000$ REIT: 50,000 Own rental property : 200,000 Let us say, I wish to retire ...
0
votes
2answers
50 views

How can I find out the credit rating of a company

I have shares in RIOCAN (REI.UN.TO) and I am wondering if it is possible to lookup the credit rating of this company? I only found this one but it seems like an old one, I cannot tell the date: ...
2
votes
0answers
20 views

What is the effect of dividends on the futures price of an index

The futures price of an index already prices in expected dividends that the companies of the index are expected to pay out, correct? So can I conclude that when a company like AAPL announces a ...
7
votes
5answers
2k views

Pros/cons of borrowing money using a mortgage loan and investing it in a low-fee index fund?

I'm wondering if this investment strategy would work: I get a mortgage loan for $300K at a 3% rate (realistic for current 5-year fixed mortgage rates here in Canada). I invest the proceeds in a ...
2
votes
1answer
26 views

Do I need to amend my tax return and change withholding rates?

I am in US on a F1 visa. While working on OPT, F1 visa holder does not have to pay social security and medicare taxes. However my spouse in on H1B visa. Since we file jointly we pay social security ...
4
votes
2answers
77 views

Capital gains tax: Retirement vehicle (IRA, 401k) vs. anything else?

I've had this question for a little while and I asked a professional about it today, but I don't think I worded it well. As such, I didn't get a good answer. Theoretically, given an equivalent amount ...

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