3
votes
4answers
78 views

Is a digital image of a check e-mailed to someone a negotiable instrument?

Is it legal to send a personal check (from a picture of the hand written original) as an image through an email attachment? Then do they just submit the actual size printed image to their bank? Then ...
3
votes
1answer
68 views

Can I cash a Government check without a bank account?

Can I cash a government check at a bank without having a bank account anywhere? It is a substantial amount of backpayment from SSDI.
-1
votes
0answers
72 views

Is it true you have to go to the US treasury if you want to cash a check for more than $20M? [on hold]

Hi I'm in need of some advice.. I think someone is pulling my chain but is it true that when your withdrawing millions of dollars only the treasury can't do that?
-3
votes
0answers
74 views

Can I buy a home in this situation? [on hold]

Me and my husband may split When we bought this home. I stayed with the home and he deeded it to me strictly. Now I'm sole owner and I just put renters in it they just signed a one year open ended ...
2
votes
2answers
72 views

I plan to buy a car soon and I have the cash. Should I use my credit cards to pay for them?

I have enough cash to pay off a car I'm planning to buy. However, instead of using cash on a debit card, I thought of using my credit cards instead so I can earn points on them. Are there any ...
0
votes
0answers
15 views

What is the best use of this cash, investment or payoff bills?

I have about $7000 from a matured CD My 'portfolio' consists of a 401b with my job, no matching funds, worth about 25,000. My house will be paid off in 8 yrs. I have a home equity line of credit at ...
1
vote
1answer
141 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 ...
1
vote
2answers
1k views

Shorting Obvious Pump and Dump Penny Stocks

Obviously there is a lot of risk involved, but I routinely see penny stocks (OTC) climb to unreasonably high levels of growth over very short periods of time (1-3 days), sometimes up to 9000% growth. ...
2
votes
3answers
182 views

How do car market price companies get their data?

When i was in a car auction i talked with a guy next to me and he was writing down all the information of the auction. He told me he worked for a close by dealership and those numbers were used to ...
0
votes
0answers
36 views

New to investing with $7000 and retiring in 10 yrs [on hold]

I have about $7000 to invest. What is the best way and/or place to do this. I am 57, will retire in 10 yrs.
0
votes
3answers
86 views

Should I use my non-tax advantaged investment account to pay off debt?

Hello Personal Finance! So about 8 years ago, I got into a bad car accident which was not my fault, and which I sued the driver because they tried to drive away afterwards. I got a large settlement ...
18
votes
3answers
2k views

Why does Chase Freedom require me to “activate” my card for rewards every quarter?

Note: The "activation" I am talking about here is not the same as the "activation" in this question. I just got a Chase Freedom credit card, mostly for the 5% cash back rewards. I had seen that ...
8
votes
1answer
1k views

Wash Sales and Day Trading

Let's say a Day Trader buys and sells a stock on the same day and makes a loss of $1,000. Then she buys and sells the same stock the next day and makes a profit of $500. On the third day she files her ...
3
votes
2answers
108 views

Should I cash out some of my retirement to pay credit card debt?

I'm very recently divorced and have accumulated the following credit card debt, both during my marriage and during my separation, when I struggled to get by while paying both a mortgage and rent on my ...
7
votes
2answers
5k views

Where do short-term traders look for the earliest stock related news?

While I'm no short term trader (or even a day trader), I imagine it is of high importance to these people that they hear about significant stock related news as early as possible. This would allow ...
2
votes
1answer
42 views

Clarification on maintaining 401 K Account with Ex-Employer? [duplicate]

A year ago, I changed my job and holding new 401K with my current Employer. I have not transferred my previous 401 K account to my new Employer. I still maintain my existing 401 K account with my ...
1
vote
1answer
116 views

Should I withdraw money from IRA or refinance home to pay credit card debt?

Should I refinance or withdraw from IRA to pay off 25K of credit card debt? I am 64, self employed earning about 30K/yr. My wife is retired. credit card debt snowballed and I now want to pay it off ...
1
vote
1answer
24 views

Forex - Does initial currency invested matter?

My question is around the base currency and what bearing, if any, this has on the to the initial currency you invest when opening a trading account. For example, I live in the UK so I open an account ...
1
vote
1answer
118 views

For long-term savings: Short-term Bond ETFs vs High-interest Savings Accounts

In the Summer 2015 edition of MoneySense magazine, the article Value Hunter (Cash cows for your portfolio) by Norm Rothery, recommends replacing High-interest Savings Accounts (HISAs) with Short-term ...
6
votes
3answers
142 views

HELOC with no first mortgage (for liquidity--no plans to spend it)

For a home-owner with no debts, a good salary, credit score, etc.: What terms would be optimal for future liquidity when obtaining a home equity line of credit (HELOC)? The point is to obtain ...
2
votes
7answers
854 views

Why would people sell a stock below the current price?

Say we have stock XYZ that costs $50 this second. The bid/ask is 49/51. If I buy some stocks by setting a buy limit order for 47$, and it succeeds, there is a match; someone is selling the stocks ...
3
votes
1answer
74 views

What should I do with my vested stocks from employer

What should I do with my vested shares from current employer if I decide to leave my current organization. Another set of shares are would normally vest during my FMLA/Maternity leave and I plan to ...
4
votes
1answer
134 views

What fraction of a portfolio should P2P lending comprise?

Based on what I understand, traditionally we are supposed to put 70% money in stocks and 30% money in bonds (based on individual age, I am 33 right now). I have been experimenting on P2P lending and ...
3
votes
1answer
115 views

How to evaluate growth stocks

What are good metrics to evaluate growth stocks? I have been following the site buffettsbooks.com and it teaches you how to evaluate value stocks based on Warren Buffet's principles. These are ...
2
votes
2answers
59 views

historical stock data starting from 1900

Is there a source for very old historical stock data, starting from the 1900's? I am interested in this information for the purposes of personal historical research. Gabe
8
votes
4answers
373 views

What should I do with my HSA?

I recently changed companies, and the new employer does not have a HDHP. I have just under $2,000 in my HSA, but without any medical expenses to spend it on, it's just sitting there, slowly being ...
7
votes
3answers
355 views

Lender refuses to terminate PMI despite my LTV being less than 78%

My lender, US Bank, is refusing to terminate my PMI even though I am now below the 78% loan to value ratio. We've been perfect customers and have never missed a payment. Their reasoning is that they ...
2
votes
3answers
128 views

How do I know if refinance is beneficial enough to me?

I have been contacted because mortgage rate dropped recently. But to what extent it will be beneficial to me to do re-finance.
1
vote
1answer
101 views

Can a tax be legitimately charged on an airline ticket refund?

I cancelled an airline ticket (non US) and the refund voucher shows and approx. 5% of refund value deducted under the heading of a "Tax". Can this make sense under any jurisdiction? I am curious. ...
0
votes
2answers
159 views

How does the futures market affect the stock market?

For instance, at this current moment the SP500 index is at 2094 while the futures on this market, symbol /ES with a contract of June is at 2088. Can someone please explain how traders and investors ...
1
vote
3answers
152 views

Where can you find dividends for Australian Stock Market Shares (ASX) for more than 2 years of data?

I've been using yahoo to get in some cases ten years worth of historical stock prices for stocks. I'm interested in the dividends that the stocks pay if any. Yahoo Finance don't show dividends. But ...
0
votes
0answers
41 views

EU company selling internet services to US customer, any tax?

I know that companies from US selling electronic goods to EU customers over internet need to charge and pay EU tax rate. For example if the company from US with no physical location in EU sells web ...
1
vote
2answers
128 views

Formation of S-Corp for Gambling Trade

Does anyone have personal experience with incorporating an S-Corporation for the gambling trade? In cases where the gambling activity is consistent and produces sufficient income (versus, say, an ...
0
votes
1answer
243 views

Can I sell shares with old-fashioned paper certificates online?

I have the paper certificates in my name, of some ordinary shares that were bought in 2009 in the UK. Can I sell them online?
3
votes
2answers
180 views

How Warren Buffett made his money

Is there any authoritative treatise or publication or book or white paper that explores (with all the math included) that how Warren Buffett really made his money? Something that explores the facts ...
2
votes
0answers
30 views

Why doesn't GnuCash auto-reconcile non-bank accounts?

I use GnuCash for the sole purpose of keeping track of my personal finance. When I do my monthly reconciliation on my checking account, savings account, and credit card account and everything is all ...
3
votes
3answers
4k views

International transfer: is IBAN code enough for a transition?

Do I need to know the bank name if I want to electronically transfer money to a private and I only know his name, surname and IBAN ? It seems that I need to know the BIC (SWIFT), or the bank name, in ...
2
votes
2answers
328 views

Calculate the optimum contribution to Provident Fund(PF) account

I am fresh out of college and started working and want to work out how much I should contribute to my Provident Fund account to maximize the benefit from tax deductions. I am from India, so for those ...
1
vote
0answers
19 views

Total market cap in country, and average p/e per country and continent(europe)

sorry I am not sure to post this question in quant stackexchange or in here. I have posted it previously in the below link ...
1
vote
2answers
67 views

Taking a student loan without any history of credit?

I'm 18 years old and I'm considering taking a student loan as all the alternatives are exhausted and I can't continue my undergraduate studies without a loan. I don't have a history of credit and my ...
0
votes
2answers
43 views

With joint checking accounts, if a check is written out to the primary account holder and the secondary signer endorses the check, is this legal?

With joint checking accounts, if a check is written out to the primary account holder and the secondary account holder of the joint account endorses the check, is this legal? Will the check be paid ...
0
votes
2answers
60 views

How to cancel a credit card and verify it was closed

I would like to cancel my Delta Amex. In the online portal, there are no links that permit me to cancel the card online and receive an instant verification that it was closed successfully. Due to ...
3
votes
1answer
41 views

Estimating independent contracting taxes when I am ALSO separately a full-time employee

I currently have a full-time job where I make $80k/year. To supplement this I am going to do some independent contracting (evenings/weekends). I have seen advice for estimating taxes directed to ...
0
votes
2answers
2k views

Where to report 1042-S income and federal tax withheld on form 1040?

Since I have become a resident alien of the U.S., I still received a 1042-S from my school because the school was not aware of the change of residency. The school refuses to change the forms and ...
1
vote
1answer
296 views

Income tax implications in India: sending money to ordinary OWN saving bank account

Could someone help on following: Please consider I am on work permit In EU and have not worked a single day in Inida in entire financial year Would I have to pay income tax other then TDS on ...
0
votes
1answer
50 views

Stock Options for a company bought out in cash and stock

I have 3 options in August for the $195 call strike. The company was just bought out for $230 dollars which was $125 cash and the rest in stock. What is my option worth since part of it is in the ...
1
vote
0answers
61 views

Company wants to sell all of its assets, worth more than share price?

A company is trading at $5 per share, they are a manufacturing company and their land is very valuable. They want to sell out their factories and their land involved, so it looks like they will have ...
0
votes
0answers
19 views

Does the Section 1256 Rule (60/40 rule) pass through to Mutual Fund holders?

Section 1256 of the U.S. Tax Code applies, in many situations, to SPX options. If I own a mutual fund that makes use of SPX options, do the SPX gains get passed through to me on a 60/40 basis -- e.g. ...
2
votes
1answer
25 views

Tax on Sale of Property

My uncle has sold his property and he deposited the money he received from selling the property. I like to know, if he keeps that amount in his bank account for an year, will that money be taxed? He ...
0
votes
0answers
12 views

What has been the inflation-adjusted rate of return from various asset classes in India?

I'm looking at equity, FDs, liquid funds, real estate. I'd like this information for various time periods, like 5, 10 and 20 years. I'd like both nominal and real returns. I've looked but couldn't ...

15 30 50 per page