20
votes
11answers
5k views

How much should a new graduate with new job put towards a car?

What is a responsible amount to put towards a car if my new job will pay $95k and I have almost $7k in the bank? I also have approximately $30k in student loans I have to pay.
2
votes
2answers
110 views

Why invest in ETF's with high fees?

I live in New Zealand and I was looking at investing in one or more of the ETF's provided on the NZX (e.g SmartShares). But the management fees for many of their offered ETF's are greater than 0.5%. ...
4
votes
2answers
102 views

Working two jobs (one remotely to NZ). What should I do about taxes?

I currently live in the UK. I work full time (37.5 hours a week) at an agency. I get paid a fixed salary for this. I've been approached by someone in New Zealand to hire me by working remotely, I ...
2
votes
2answers
164 views

How to manage 20 residential apartments

My friend's father (Say, Mr. X) in India had invested in a piece of land long time back. Two years back, he sold that land to a real estate builder. The agreement of the deal was the following: "The ...
1
vote
1answer
52 views

Should I extend my property for more rent from tenants?

I have two houses in city, one in which I am presently living and the other house is rent out for 10,500 INR\month. I am planning to extend the other house for more rent from tenants. The extension ...
75
votes
5answers
21k views

Is this person doing illegal money transfers?

This girl that I'm friends with and have actually seen in person before, keeps posting [on social media] that she "loves when the transfer goes through" and gets $2000-$6000 for free quite often. She ...
1
vote
1answer
73 views

Investing in a offshore bank account

I am completely new on investing and I am educating myself reading some books about finance but in the process to understand better the whole process, I'm very interested on buying index funds. So, I ...
2
votes
1answer
55 views

Is there any guarantee that index ETF will follow reference index?

As I understand: index ETF attempts to track value of some specific index. It may be done by either really buying index (physical ETF) or by creating some arcane financial instrument that is supposed ...
1
vote
0answers
15 views

Fair premiums receivable in covered call ETFs

Are there any rules regarding counter-parties for options written in covered call ETFs? For example, are ETF providers allowed to transact options business with their in-house options desk? TL;DR ...
0
votes
0answers
16 views

Which operating margin metric includes stock's dividend payouts?

Using for example Google Financial's stock screener I am able to sort and filter with following margin metrics: Net profit margin Gross margin EBITD margin Operating margin Now could someone ...
1
vote
4answers
399 views

Got charged ridiculous amount for doctor's walk in visit. What are my options?

I went to a local doctor's office that takes walk ins. The visit was normal, they took my vitals, doctor saw me, and prescribed some meds. A few weeks later I got a bill in the mail for $400. ...
4
votes
1answer
94 views

Does my (British) bank have to notify me a specific amount of time before reducing interest rates?

I have some savings for Uni in a 3% interest bank account - the best I can get on that amount of money. However, today (12th of May) I received a letter, from the bank, saying that the interest rate ...
3
votes
0answers
30 views

A relative of mine lives in Burma and I want to send him a monthly allowance [closed]

My relative lives in Burma and obviously doesn't have an American bank account, which means no PayPal. Currently, I have to do a western union, but the fees are a big percentage of what I'm sending ...
-2
votes
1answer
80 views

Setting up a 401(k) like fund

I work at a non-profit, and we've had our yearly benefits survey. One employee mentioned the possibility of starting a low-cost, organization administered pension fund. What we'd "really" like is an ...
2
votes
1answer
80 views

How do I check if my income taxes were filed?

How can I find out if my estranged husband filed our taxes. He said he did, but I don't trust him.
7
votes
8answers
3k views

Would I qualify for a USDA loan?

I am eager to buy a home within the next year. My husband and I are in the process of fixing credit. I am interested in learning more about the USDA loans and think that this would be the best type of ...
4
votes
0answers
76 views

What do codes “O”, “T”, “X”, and “N” mean on Wal-Mart receipts? [duplicate]

What do the four individual Walmart receipt codes of "O", "T", "X", and "N" denote?
0
votes
1answer
57 views

How long does it take for money to transfer into a mastercard?

I have a Sparkasse bank account(Germany) And I have a MasterCard too. And I am able to link both of them on the website, and I'm also able to transfer money from my bank account into my credit ...
-1
votes
0answers
11 views

BATS Chi-X Europe shares

I'm having trouble finding share values for this company. Can anyone tell me what is the value of a Class A BATS Chi-X Europe share today, 12 May 2016, or if not direct me to the appropriate website. ...
0
votes
2answers
85 views

stock for a particular brand

Let's say that I'm convinced that "Windows Phone" will grow more popular than "iPhone"/"iOS". I would like to invest my money in this. The stock market is overwhelming for me. I don't understand how ...
0
votes
0answers
13 views

Claiming tax benefit for the pre construction period home loan interest paid

Can the tax benefit be claimed for the pre-construction period of the home loan interest paid for the let out property,after construction of the house.(In my case the period of construction is more ...
1
vote
0answers
103 views

US Bank Won't Cash Old CD

I have an old (> 20 yrs) CD from a bank that was bought by a bank that was bought by US Bank. I went to US Bank to get it cashed, and they have no record of it, me, or my parents (we're all listed on ...
2
votes
0answers
43 views

What does a Dividend “will not be quoted ex” mean?

A recent dividend on NYSE:SNE (Sony) is described as "Will not be quoted ex". What does this actually mean? Does the dividend have an ex-date or not? Which day would be the last day to buy this ...
3
votes
1answer
35 views

Car insurance with foreign and domestic Driver's License

I am currently living in the U.S. I am looking to get a car insurance and wonder how they calculate my rate. As I know it from Germany, they calculate the risk with a formula depending on where I ...
0
votes
1answer
98 views

I have an account at the BBT and money was seized for inactivity

Hi I had an account at the Wachovia that then became the Colonial and now its de BBT. I have not used the account for years but checked online regularly. I now go to the bank and they told me the ...
0
votes
1answer
45 views

How to save on taxes due on a lump sum pension payment

Upon resigning from a company, if employer offers a lump sum pension payment of 100k, what are some ways to save on tax on this 100k? Assuming this 100k, is the only income that year, the RRSP room is ...
0
votes
1answer
63 views

Where to request ACH Direct DEBIT of funds from MY OWN personal bank account?

Could anyone please explain where and how to request ACH Direct DEBIT of funds from MY OWN personal bank account? The ACH Processors such as nationalach.com are out of the question because they only ...
2
votes
1answer
116 views

Credit Card Offer Wording?

I saw an adv for a credit card that I liked the benefits on. The Chase Freedom Unlimited card (in the US) will do exactly what I need it to at a reasonable APR, but some of the wording really confused ...
1
vote
3answers
68 views

Td Ameritrade Roth IRA question

I recently opened a Roth IRA at Td Ameritrade. I'm making regular deposits but haven't chosen a fund. I don't want to pay a fee, or cost to trade what are my options? It's overwhelming looking at ...
17
votes
8answers
6k views

Should I buy a home or rent in my situation?

Let me start off by saying this question has been asked a million times before in a million different ways. I’m asking it now for my own clarity of what is the best thing to do in my situation and ...
1
vote
1answer
23 views

Will I have to pay taxes in India when I receive money (monthly salary) from UK as a permanent employee?

I am working as a permanent employee in a UK company but I stay in India and used to work at home. I receive money as INR into my savings bank account. Should I pay tax? If UK company sends money in ...
1
vote
1answer
32 views

Term insurance or Pension plan?

5 years back when I was single and needed an investment to reduce tax liability, I bought a life insurance policy. The cover is 10,00000 INR but it has a money back option which pays 100000 INR, every ...
3
votes
2answers
92 views

What should I look for in a credit building card?

About a year ago I asked if I should open a credit card just to start a credit score once I turn 18. I turned 18 a few months ago and will qualify to open a card under the Credit CARD act of 2009 (I ...
2
votes
1answer
64 views

Getting Earthquake Insurance on a new Mortgage

I live in the bay area, CA where there are many earthquakes. I was recently reading: http://blog.petetheplanner.com/financially-what-happens-when-your-house-burns-down/ which stated that your home ...
3
votes
1answer
36 views

My employer changes the fsa plan year. What happens to me?

My employer will change from a July-June plan year for my fsa to a January to December plan year. I have already used up a 2500 dollar allowance for July 2015 to June 2016. What does this mean for the ...
-1
votes
1answer
48 views

Jumbo loan amount before or after downpayment? [duplicate]

I want to take out a mortgage, but the value of the house is greater than $417,000, which is the amount when a mortgage becomes a Jumbo loan. I looked for more information on BankRate.com, and even ...
1
vote
1answer
94 views

how can a US citizen buy foreign stocks?

my question is 2-fold: can an online broker will let a US citizen buy stocks on the paris exchange? are there any pitfalls to buying foreign stocks in the us? (e.g. tax consequences here or in ...
1
vote
1answer
24 views

what if I were on a J1 visa w/o working permission and didn't fill income tax?

I went to the US for a 6-month research internship (from August 2013 to February 2014), on a J1 Visa, without permission to work (I think the term is non-working J1 Visa). I lived in Atlanta, GA. I ...
1
vote
1answer
69 views

Selling house at a profit to buy another house out of state

I am selling my primary at at approximately $170k profit after fees. I'm already under contract for a new primary in another state. However, the new house will close a month or more before my primary ...
1
vote
1answer
36 views

Tax implications on international wire transfer

I have a retired US citizen brother who decided to live overseas after his retirement. He and his wife's social security checks is automatically deposited in a US bank account. He has asked me to ...
34
votes
9answers
11k views

Is buying a lottery ticket considered an investment? [closed]

Can one consider the act of participating in a lottery (by buying tickets) as a high-risk high-return investment? Note: I do not consider this question to be duplicate of this one: question about ...
-2
votes
1answer
51 views

Where should i sign?

I'm in the process of buying a vehicle. My uncle is helping me out by cosigning for me. On the contract there is a buyer and a co-buyer line that requires signatures. Where do i sign.
1
vote
1answer
21 views

Repatriate NRE account money into UK GBP account tax laibility

I am resident in UK and have a NRE account where I keep depositing my earnings (for which I have already paid tax in UK) From NRE account, I can repatriate money. I.E. get it converted to pounds ...
0
votes
0answers
19 views

How to include personal spending in private/sole trader accounting?

I am a private/sole trader (in Finland, but it doesn't really matter I think). I use my personal bank account for my private trader activities. I work as a designer and don't employ anyone. I have ...
6
votes
2answers
188 views

How do I protect money above the FDIC coverage limit?

Recently, I received an inheritance of $1.2 million. I'm planning on investing 1/4 of that in properties. With that being said, I'm still way above the FDIC coverage. Besides investing, what else ...
0
votes
2answers
80 views

Remit money to India from balance transfer of credit card

I am a tax resident of USA and citizen of India. Lately, I have been receiving 0% interest balance transfer offers from credit card companies. The offer is - they will charge me 0% interest for 12 ...
0
votes
0answers
27 views

Question about option premiums

Is there any conceivable way in which an OTM option's value will decrease or (will not move, for that matter) as the underlying moves in a direction that gets the option closer to the money, aside ...
0
votes
1answer
21 views

Changing the address of an LLC and tax requirements

I'm neither a US citizen nor do I reside there. I have a single-member LLC registered in the state of Wyoming, US with a Wyoming virtual office address and an EIN. I'm not satisfied with the services ...
3
votes
1answer
614 views

Strategy to pay off car loan before selling the car

I have ~$10k remaining auto loan at 2.7% interest rate, and I'm about to sell my car (for personal reasons, not related to finance). What's the best way for me financially to deal with that loan: I ...
0
votes
1answer
48 views

Is it okay to just give my account number together with another branch's address and SWIFT for foreign fund transfers?

I have a savings account with State Bank of India. However, the branch where I have an account doesn't have a SWIFT code. I asked my branch and they gave the SWIFT of another branch. I gave the ...

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