0
votes
0answers
9 views

If I decide on an ETF, should I just go ahead and buy or should I time my purchase?

I've decided to buy a S&P500 index ETF. Should I just go ahead and buy now, or are there things that I have to keep in mind when making this decision? This would be my first time investing in ...
0
votes
2answers
164 views

What happen if we do not pay facebook

I buy services from Facebook, but recently I wasn't careful and exceeded my credit card's limit. Then Facebook sent me this: Amount You Owe: $518.35 USD We were unable to charge your ad ...
1
vote
1answer
23 views

Mutual Funds to invest in every week or monthly

I want to know if there are any funds (in US), that let you put some money in per period, like weekly or monthly. I know you can put money into 401k per paycheck. I want something similar without the ...
3
votes
0answers
16 views

Can I open an IRA account in the US when I am not a citizen, nor live there?

I lived in the US for about 7 years, and started saving money in the company's 401K plan. I had a green card, but decided to move to my home country years before it expired. I have a US SSN. Now the ...
0
votes
1answer
26 views

Do I have to work a certain amount of hours in order to get paid monthly?

I work as an office assistant and my pay has recently been changed to monthly. I only work 2 days a week now at 8 hours a day and I don't feel that is an adequate amount to receive just once a month. ...
0
votes
1answer
250 views

Will my wife's business losses offset my income on a joint tax return?

I'm filling for my taxes on a joint tax return. My wife is not working currently, but she is starting up a business. And with every business, starting is hard and will probably gonna take some time ...
0
votes
0answers
23 views

How to calculate CCC, given the ICP, ACP and DPD?

I'm trying to calculate the CCC (Cash Conversion Cycle) without the A/R. I have the ICP (Inventory Conversion Period), ACP (Average Conversion Period) and the PDP (Payable Deferral Period). I tried a ...
2
votes
2answers
103 views

APR for a Loan Paid Off Monthly

A loan is issued for 12 months for 1000 and is paid back with monthly payments of $140 each month. Does this loan have an APR of 68%?
1
vote
1answer
22 views

Can amended tax return filed before tax return cause errors?

I'd like to ask about a notice I received from the IRS today. The notice requests more information about a certain line and correction of figures on a certain column on my 2013 amended tax return. I ...
2
votes
2answers
48 views

Difference in Interest Calculations Using Loan Calculator

Suppose that I have a loan value x and interest rate r. The simple interest is then x*(1+r). If I take out a loan compounded annually and paid monthly for 12 months the amount at the end of the year ...
3
votes
1answer
56 views

GnuCash “Currency Sync Point” (Fix currency in a wallet at a given date)

Instead of starting a clean account with an opening balance from equity, I've started an account and know the current amount and working on recovering most of the transactions from the last 5 months: ...
5
votes
2answers
165 views

If I haven't filed in 2 years, does year 1's refund automatically apply to year 2 and prevent penalty?

I haven't filed in 2 years. But the first year I was owed a refund; let's say $1k. Year 2 I under paid. Let's say it was by exactly $1k. Will the unclaimed year 1 refund automatically cover the year ...
0
votes
0answers
44 views

How to borrow against Unclaimed Property? [on hold]

My company has recently been notified by the State of California that they are in receipt of $55,000.00 sent to them by past clients who didn't know how to contact us after we moved from California to ...
0
votes
1answer
68 views

Which Bank can help me cash a US treasury Check in India

ICICI bank refuses to entertain inspite of having a bank account, any other options. Any guidance is highly appreciated.
0
votes
2answers
99 views

Does making credit card tax payment through service provider constitute IRS form 4868 extension request?

If I pay the amount due on my extension for US IRS form 4868 through an IRS approved payment provider that accepts credit cards such as PayUSAtax.com who charge 1.87% for the service and I designate ...
1
vote
0answers
27 views

Get GnuCash to use the Opening Balances account for new accounts

I’m still new to GnuCash, and as such I’m setting up all my accounts. When I first created the file, I didn’t add all my accounts because I wanted to set up only a few at a time. The accounts I did ...
0
votes
1answer
36 views

What steps are required to transfer real estate into a LLC?

I'm a fairly new landlord, and learning as I go. Apparently one of the early mistakes I made when purchasing my rental properties was buying them under my name instead of forming a Limited Liability ...
0
votes
2answers
48 views

How to calculate the potential difference of putting money into buying my house vs paying it into a pension

I've been wondering for a while if I would be better off stopping my pension payments and paying the money off my mortgage and paying it off more quickly. Then I would rent out the house and start ...
1
vote
1answer
40 views

“In-the-Money” vs “Out-of-the-Money” Call Options

This is a homework question, but can explain to me how to determine "in-the-money" vs "out-of-the-money" call options based on the table below? The image above is a newspaper style quote. The first ...
1
vote
1answer
51 views

Sales Tax Licence/Permit - When is it required and how can I make a use of it as a non-US resident selling in USA?

I would like to ask what is a Sales Tax Licence, sometimes called Sales Tax Permit and how can I make an use of it as a non-US resident willing to begin business in USA. Is it a requirement in order ...
1
vote
1answer
23 views

Are there services/software other than Quicken that can directly make bank account transfers?

I've been looking, but the only thing banks support enough to actually allow the movement of funds seems to be quicken. Are there any alternatives that allow similar levels of control?
0
votes
1answer
27 views

APR for a Loan Paid Off in Monthly Payments for 9 Months [duplicate]

Say a loan is issued for 9 months with $1000 principal and with a payment plan consisting of about $162.23 each month. Does this loan have an APR of 46%?
1
vote
1answer
120 views

Why are rewards for credit cards so much better than debit cards?

My understanding is credit card companies make money based on a transaction cost, which presumably is the same for credit/debit. I can't really find information on this, so it might be a faulty ...
0
votes
0answers
24 views

Why are governments afraid of deflation? [on hold]

You frequently hear that QE (AKA "money printing") is a desperate attempt by governments to create inflation, so we don't end up getting deflation. Deflation, they say, is bad for governments because ...
2
votes
1answer
104 views

How can I reduce my tax liability on proceeds from the sale of a company?

My (Canadian) company is about to be sold and as one of the first employees I'm expecting a significant payout from options (e.g. $2M !). That sounds like an incredible amount of money, but this is ...
3
votes
2answers
114 views

Tax benefit to paying off student loan interest while in school

I have a substantial amount of loans from my bachelor's degree. I worked for a few years, saved money, and then returned to school full time. While working, my Modified Adjusted Gross Income (MAGI) ...
6
votes
1answer
413 views

Where can I find P/E and CAPE data for different sectors, countries and market capitalizations

I've been searching for high-quality data on CAPEs (cyclically adjusted price to earnings ratios) for different sectors, countries and market capitalizations. Shiller's Irrational Exuberance website ...
-1
votes
1answer
62 views

Is my car insurance trying to pull money out of me?

I had a parking lot accident a month back (in California, US). I was backing out from my parking lot (which is near entrance driveway into the apartment complex). There was no car on both sides of ...
0
votes
3answers
43 views

Does pursuing the highest yields or pursuing the lowest ones give better returns in the long run?

Consider two people (Alice and Bob) who have some money each month to save and invest in government bonds of their own country (because they want it to be liquid, and have the smallest risk of ...
0
votes
1answer
57 views

Is retaining a deposit for an apartment in this scenario considered legal?

My son and his wife put a deposit down on an apartment. Their application was approved and they are to move in soon. Yesterday they found out they suffered an "identification theft" and their credit ...
1
vote
1answer
42 views

Sole employee of my own S-Corp - investment options? 401k, Roth, SEP?

I'm looking to start a retirement account and I'm looking for options that fit with my scenario. I'm the sole employee/owner of an S-Corp and as such, I give myself a W2 at the end of each year and ...
19
votes
5answers
451 views

Is a Home Warranty worth the money?

I'm a first-time homebuyer, and one of the stipulations of the down payment assistance program I have is that I have to buy a home warranty (which covers appliances, plumbing, roof, etc in case of ...
4
votes
0answers
40 views

Why is the money factor defined the way it is?

In some loan situations, especially car leases, people like to talk about the money factor, which is a number given by interest percentage/2400 Where does the 2400 come from? I understand that it ...
4
votes
2answers
318 views

Duplicating transaction splits in gnucash?

I've imported 4 years of banking history into gnucash. I have regular transactions which I'd like to split into categories (which I understand are "accounts" in gnucash terms). For example: $400 - ...
1
vote
1answer
220 views

How to get money transferred from the United States to India?

My brother has a registered company in the USA and has a payment gateway. Now here in India I need to use his gateway for payment as I am into online technical services and have a registered company. ...
-1
votes
0answers
20 views

How do I report income that is paying back incurred expenses?

I have a loose partnership on a project. I paid $3,000 to create a product we are selling. He is paying me back for the $3,000. Is that considered revenue? Or something else? Thanks!
5
votes
2answers
2k views

How to translate old price amounts to their modern day equivalents?

I hope this is the right place to ask. :) I'm currently working on what is to be a wiki/encyclopedic website. Some articles contain amounts or prices like construction costs and such, but since these ...
3
votes
1answer
47 views

Is there a lower threshold for new EU VAT changes coming 1 Jan 2015 related to the sale of digital goods?

I've heard that sales of digital goods into the EU will need to have VAT charged at the customers country VAT rate from 1 Jan 2015. The seller will then need to either file a VAT return in each EU ...
1
vote
2answers
81 views

Does keeping 'long-term' safety net in bonds make sense?

I was looking at various advices regarding safety net and emergency fund. Usually most sites recommend using the savings account and CDs as a safety net. As CDs/Savings are FDIC insured it's 'safe ...
2
votes
1answer
72 views

Do I need to bargain with my credit card customer service for better offers?

I am very new with credit card stuffs. I started with a BOA secure credit card with a credit limit of $300. I always pay off my balance in full each month and never go beyond my credit limit. I ...
0
votes
1answer
33 views

Do I need to pay income tax for money earned in the U.S. & transferred to my account in India?

I have a web site which generates around 10K every month. This amount is directly credited to my bank account from Google USA account. Do I need to pay tax in India? Please advise. I am very new to ...
1
vote
1answer
45 views

How does a delta neutral portfolio make money

This is a really basic question,so I apologise. If I have a delta neutral portfolio consisting of an option and its underlying, such that any move in the option is cancelled by an opposite move in the ...
26
votes
6answers
8k views

Should I pay an extra $100 every month on my mortgage or pay $1200 extra every year at the beginning of the year?

I can pay $1200 extra once a year or $100 every month - which is better? The first one does sound better, but for a 30 year mortgage, is it that significant? Say the mortgage is for $200,000. ...
4
votes
1answer
162 views

What to do if I get refunded by my 401k for being considered HCE?

If my employer gives back some of the money I put away on my 401k because I am considered a HCE, can I turn around and put it back into an IRA to avoid paying taxes and penalties that year? I am over ...
1
vote
1answer
63 views

How do I calculate the return on my stock _call_ option, similar to my _put_ example?

I'm trying to figure out the effective percentage return when I write ("sell to open") a stock call option. I think I've figured it out for put options. Consider this put example I think XYZ stock ...
0
votes
0answers
46 views

What do you call a registered taxpayer with no tax obligations? [on hold]

What do you call a registered taxpayer with no outstanding tax-liability? I'll explain my hesitation with the term taxpayer: I take that payer means someone who pays money, so a taxpayer is someone ...
0
votes
1answer
37 views

Tax on transfer of funds to USA

I m Indian citizen, living in a African country. How much tax liability will be there on transfer of funds to USA from this African country? Moving to USA is due to employment.
4
votes
2answers
307 views

In-laws moving in (financial/tax implications)?

We are contemplating moving into a house with an in-law suite in Mississippi and our inlaws selling their house and moving into it. We would pool the sales from both houses as downpayment on the new ...
6
votes
5answers
281 views

Whole life insurance as an investment vehicle

From everything I have read I still cannot be convinced of Whole Life Insurance but it seems to be the first thing any financial advisor is trained to sell. From what I read there are minimum ...
0
votes
1answer
54 views

Where can I get CSV data [on hold]

I am looking for a CSV data of the daily price of palm oil, coconut, and corn from Jan 1, 2010 to Nov 14, 2014. I tried http://www.investing.com/, but their data stopped on Dec 13, 2011. Any ...

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