0
votes
0answers
3 views

Still invest in 401K with a high expense ratio?

I know that a low expense ratio is preferred. But what if the expense ratio is above the threshold limit (e.g 1.20%+), do you still invest in a 401K or not bother at all?
0
votes
1answer
13 views

Estimate a future option price given greeks and a 1$ move in underlying

Let us say underlying is at 50$, and the 50 call is at 0.50. delta=0.5, gamma =0.5, theta = .02, vega = .10. I apologize if these numbers are not realistic, I am very poor at Greeks. My question is: ...
0
votes
1answer
20 views

Soft Loan using a 0% APR credit Card

I am getting a new Student Credit Card . It has as 0% Intro APR for 18 months. The credit card company is ready to loan me money, which I can repay in 18 months at 0% APR. With this loan money I ...
1
vote
2answers
67 views

Buying a car. Financial advice

I am planning to buy a used car, as everyone seems to suggest that is more financially good decision. I am more interested in being frugal than getting flashy stuff. Going buy that, this car is a ...
0
votes
0answers
33 views

How to invest in drones?

I expect the drones will be in the nearby future something very usual to our daily environment. Therefore I am wondering what is the best way to be invested into drones? Are there any trusts/funds to ...
1
vote
0answers
33 views

How to recover value from a term life insurance policy?

This happened in Canada. A person has a life insurance policy that matures in 2024 (in 9 years) and he has been paying monthly premium since 1996 (for 19 years). He lost his job and is not able to ...
0
votes
1answer
180 views

Roth IRA withdrawal taxes for nonresident aliens after age 59 1/2?

I am a non-resident alien living in the US now, and I need to ask if I have to pay any IRS any taxes after the age of 59 1/2 on any gains or earnings from a Roth IRA withdrawals? I know that US ...
0
votes
1answer
132 views

How do you report S-corporation Shareholder loans / capital contributions?

How do you handle S-corporation Shareholder loans / capital contributions? Question- I loaned funds into my s-corp. in 2006, 2007, 2008, 2010 and 2011 formally documenting each payment into the ...
-1
votes
0answers
31 views

NASDAQ real-time trades: How determine the BUYS from the SELLS?

On the NASDAQ website, showing real-time trades for individual stocks, how does one determine which are "buys" and which are "sells" with regards to any stock? Is there another website where this ...
1
vote
3answers
161 views

Why should I care about my current mortgage payment's breakdown into principal and interest?

Mortgage payments tables list the amount that goes towards the principal and towards the interest. But since the bank is going to get whatever it is going to get, why should I care about this ...
10
votes
3answers
2k views

What is most time-efficient way to track portfolio asset allocation?

I've recently decided I wanted to track my investments over time so that I could accurately determine really cool financial things like: My actual asset allocation My actual rate of return over time ...
0
votes
0answers
26 views

Forgot to sign at the bottom of money order

I recently sent a money order. I wrote the recipient's name, but forgot to sign at the bottom. I also don't have the receipt for the money order, hence I don't know the number associated with it. Is ...
0
votes
3answers
132 views

What is the best credit card for someone with no credit history

A little background, I've never had a credit card and I'm seriously due for a credit check as I've never had one. I've applied to numerous credit cards and I've been declined every time. I hold a ...
3
votes
5answers
129 views

Do “Instant Approved” credit card inquires appear on credit report?

I have a very good credit score (just shy of excellent) and I wanted to purchase a fairly pricey item on Amazon. They have a couple of decent credit card offers, one with Chase that gives you $70 ...
7
votes
4answers
1k views

Is there a catch in applying for a credit card with the first year free, then cancelling before paying for the 2nd year?

There are a lot of cards with very tempting bonuses and rewards which include the first year annual fee revoked. The thing is, I want to take advantage of the specific benefits and then bail out ...
0
votes
0answers
16 views

direct registration system vs brokerage firm

A year ago I bought 10 X stocks. Time flew by and I checked my stock account and I had received a whopping 10EUR in dividends. Sadly it all was eaten by account management costs, which is about 24EUR ...
0
votes
1answer
35 views

Using a brand name in a product which I will sell [on hold]

I own a company where we manufacture vinyl stickers which wrap up devices, varying from phones to game consoles. We had plans to create a design for Game of Thrones, but we are unsure how this bit of ...
2
votes
2answers
148 views

What is the principle of forming an arbitrage strategy?

I have heard that the arbitrage strategy follows the principle of "short in expensive, and long in cheap" (Or, maybe, it was "short in cheap, and long in expensive."). I wonder how to explain this ...
13
votes
4answers
2k views

Book or web site resources for an absolute beginner to learn about stocks and investing?

I'm completely new to the world of investing and stocks. Knowing that I shouldn't invest or buy stocks until I know it well enough, I was wondering which cheap or affordable resources would be the ...
0
votes
1answer
8 views

is income coming into saving account in India from Dubai is taxable?

I am staying out of India since from 22 Jan 2014 to till now in Ethiopia and now in Rwanda. Between this period i went India for 6 days. I am getting salary (INR) from Dubai based company in my Indian ...
0
votes
1answer
26 views

What's the difference between a company's after-tax profit and their sales/revenue?

Two fundamental analysis formulas have got me confused. One is the EPS (earnings per share) and the other is P/S (price/sales ratio). If I understand the formulas correctly, EPS is calculated by ...
-1
votes
0answers
35 views

Does setting a business on an Indian reservation avoid taxes? [on hold]

I was reading this article on Forbes and found the following: Amazon founder Jeff Bezos famously said that he investigated setting up Amazon on an Indian reservation to avoid taxes Does this ...
3
votes
3answers
66 views

A calculator that takes into account portfolio rebalancing?

I'm looking for a calculator that takes into account rebalancing when estimating total returns using historical data. For example, I'd input the following into the calculator: I have an initial ...
1
vote
2answers
58 views

Hong Kong - What's the difference between Current Account and Savings Account here

I know there is already a question called “Savings” account vs. “current” account - what's the difference?" on the site but bear with me, I believe that doesn't answer my doubts. I know very well ...
2
votes
3answers
188 views

Moved to the USA from Canada; what is best to do with RRSP?

I am a Canadian and I moved to US at the end of last year. (I have a green card now.) I have less than CAD 50K in my RRSP from my previous work, and less than CAD 40k at banks. Not sure what the best ...
0
votes
1answer
39 views

self directed RRSP for a non resident

I am a US resident and want to take money out of my superannuation municipal plan and have it converted to an RRSP. However, some banks don't allow you to obtain a self directed RRSP if you are not ...
1
vote
2answers
184 views

Buying a house 50/50

I'm thinking on buying a house with my Business Partner. I would be living on it. We are thinking on going 50/50 on the loan and down payment and hoa and repairs . Since I would be living there we ...
2
votes
2answers
69 views

To whom should I report fraud on both of my credit cards?

I have two credit cards with separate banks. In the last two weeks, I've had one fraudulent charge on each of them. Both fraudulent charges were from businesses in the same city, that is not where I ...
0
votes
2answers
187 views

Investing in stocks in US for non-US citizen

How can I invest money in stocks via USA broker, while being a citizen of Ukraine? I don't want to go through brokers in my country, because we don't have a good legal system and a lot of corruption, ...
1
vote
1answer
164 views

India Freelancer - how to get money directly in bank account (without PayPal), how to pay tax for this extra income

I am a part-time Freelancer providing software consultation to clients in US and Ireland. I also work in an India Software company, which does the tax computation for my salary. (My Company doesn't ...
3
votes
0answers
65 views

How do I transfer/cash-in stocks from another country?

My father passed recently and I was just informed that I inherited or have stocks that he had previously purchased in my name, the stocks are located in the country my father is from where he was also ...
4
votes
1answer
75 views

Tax implications of owning a Roth IRA as a Canadian resident?

I am a Canadian citizen, U.S. resident with Roth IRA, contributing for 15 years. I will be moving back to Canada in 2 years, am 47 years old, and will leave the Roth with Vanguard and not touch it ...
6
votes
2answers
3k views

Is there a free online credit report service in Canada?

This question refers to the AnnualCreditReport.com service in the United States. Similarly, is there a free online credit report service in Canada?
-1
votes
0answers
27 views

Why the total value of the whole economy is constantly appreciating? [migrated]

Take S&P for example. In the long run it just keeps climbing. Same for the market as a whole. Why would this happen? Why the market keeps going up (in the long term) all the time? (source)
1
vote
1answer
86 views

Shares in Chinese startup company

let me first explain my situation before asking my question. I use to work in research at university overseas on a project that has been spun off in a startup in China by my former supervisor who is ...
4
votes
2answers
4k views

Calculate Future Value with Recurring Deposits

I am familiar with the formula for calculating FV and compound interest of a deposit, but I am wondering if there is a formula that will allow me to calculate how much money I will have after ...
0
votes
0answers
28 views

What is equity capital?

Is equity capital the same as stockholders equity, if not then what is equity capital and how do we work it out from a balance sheet?
0
votes
1answer
27 views

Do proceeds from a sale count as income for the decedent or the estate when agreement is prior to death and payment is after?

This is a question about US taxes and accounting. The documentation I've read says that if an estate is run on a cash accounting system, then any income received after the decedent's date of death is ...
1
vote
1answer
23 views

What Percentage of my Income do I Have to Pay in Employment Insurance (EI) Deductions?

I am from Calgary, Alberta, and I am wondering how much % of my hourly wage will be paid to my EI (employment insurance). Is the percent rate different for every worker, if not, what is the fixed ...
3
votes
3answers
183 views

What is the relation between the price of crude and the corresponding ETF

Currently the price of crude oil is hovering around 50$/barrel and the corresponding ETF like USO is around 20$/share. What is the relationship between the price of crude and the price of USO? For a ...
1
vote
1answer
77 views

Using stock options to lower income tax in the USA?

Lets say I have a small company and I pay myself a salary of 200k / year. I'm in the 33% tax bracket. I've thought about a strategy to lower my taxes to about 20%, but not sure if it's viable. Would ...
1
vote
1answer
126 views

Can I file taxes on a home based business and deduct expenses even if I don't generate income?

If I had a Home Based Business and generated no income but had many expenses, can I file taxes? My expenses consisted of travel, dinner meetings with potential clients, etc. Can I file these ...
1
vote
1answer
30 views

Do I pay withholding tax on a US company trading on TSE

I am talking about Cenovus energy:TSE:CVE It trades on both NYSE and TSE. If I buy it on TSE and pay in CAD, in my TFSA, do I still pay the 15% withholding tax, that cannot even be recovered using ...
6
votes
4answers
149 views

Why use accounting software like Quickbooks instead of Excel spreadsheets?

Some friends and I are starting a small landscaping cooperative, and are thinking about how we will manage accounting. Places we've worked in the past have used Excel spreadsheets to manage all of ...
1
vote
1answer
60 views

Gift Tax and LLC with foreign partners

I will tell you what we would like to accomplish, what we know though research and we need advise from you what best way to carry the plan out. I. What we would like to do My Vietnamese wife has ...
0
votes
0answers
30 views

do i need to pay tax in US for the provident fund and gratuity money that i received after quitting Indian IT company while i was deputed in US

I was working for an Indian IT company. I worked in India for few years and then was deputed to a client location in US. In the middle of last year, i quit the Indian company and joined an American IT ...
2
votes
1answer
78 views

What happens when a stock gets delisted?

Recently, a stock on the Indian stock exchange began rising on large volume without any apparent reason. After 5 consecutive days of such growth, several people on a financial management site ...
10
votes
3answers
978 views

Who creates money? Central banks or commercial banks?

Which of these is a better description of money creation: Scenario 1: Central bank creates money Customer A deposits $10 at his bank. Customer B wants to borrow $100. The bank is in good standing ...
0
votes
0answers
57 views

Can I become a secondary lessee with no credit history?

I want to rent an apartment with my girlfriend. At the moment I don't have any credit or proof of income, but I am finally earning enough through freelancing to afford the rent. I have an emergency ...
0
votes
0answers
37 views

Index ETF or Index mutual fund - standard brokerage account

If I plan to hold an asset for 10 years, the asset is offered as a mutual fund and an etf, with the same 0.25% fee, and quarterly dividends of 100.00, from a tax and reinvestment standpoint, which ...

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