20
votes
5answers
12k views

How do rich people guarantee the safety of their money, when savings exceed the FDIC limit?

I am curious how a millionaire would guarantee the safety of his money, given that the FDIC only insures up to $250K of an individual's deposits at a bank. If someone had $3 million that they wanted ...
1
vote
1answer
92 views

Long term capital gains

I held a agricultural land in Gujarat state for 14 years and sold it on 20 th august. As per the law in Gujarat a non farmer can not hold agricultural land so the land status was changed to non ...
0
votes
0answers
28 views

A second income as a couple

I work a regular 9-5 job earning a decent wage. My wife works one or 2 days during the week and gets a varying, low wage. I've started selling items in my spare time and it's gotten to the point ...
2
votes
1answer
71 views

What is an Installment Rate Percentage?

I'm looking at a dataset known as German Credit Data, available here: https://archive.ics.uci.edu/ml/datasets/Statlog+(German+Credit+Data) According to the description... "the dataset classifies ...
6
votes
2answers
166 views
1
vote
1answer
28 views

What are the tax implications on selling the Share ISA portfolio?

I am new to Stock and Share ISA investing. I am planning to make use of the New ISA limit of £15000 from this year. I am aware that the profit or loss made out of Share ISA is tax free. Does this ...
4
votes
1answer
89 views
+100

Is the Social Security with disability option final?

My dad is planning on retiring and collecting Social Security, he just had quad bypass surgery. It looks like he has the option to take Social Security by invoking disability. These are his options: ...
0
votes
1answer
24 views

Volume of at the money options

What is the reason that at the money options have the highest option tradng volume? Is it just a coincidence?
2
votes
1answer
72 views

Is it safe to use credit Karma?

Is that safe to share my credit information with credit Karma, to have my credit score? How they use this information?
2
votes
2answers
68 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 ...
3
votes
2answers
159 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 ...
1
vote
2answers
80 views

Buy the open and set a 1% limit sell order

If I find that for stock X, for past 5 years of daily OHLC data, 80% of the time, the Open was at least 1% lower than the day's high. If we find that in this 80% of the cases, the high was reached ...
0
votes
3answers
261 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 ...
0
votes
0answers
31 views

Explain me the benefit of insurance policy

I have taken a life insurance policy from ICICI called "ICICI Pru Saving Suraksha LP". The details of my policy is given below. Term: 15 years Premium Amount: Rs 50,000.00 Sum Assured: Rs 500,000.00 ...
1
vote
1answer
57 views

Is an iron condor always preferable to doing a simple credit spread

What is the advantage of using a regular credit spread ( bull put or bear call spread ) over an iron condor? The profit in an iron condor will be at minimum be same as a simple credit spread( when one ...
1
vote
0answers
12 views

US tax Implications on (sort of) buying a house in India

I live in the US (a student on an F1 visa) and my dad, who lives in India, is buying a house in India. He wants to register the house in my name, just as a gesture. I am NOT investing any money in the ...
2
votes
0answers
41 views

How is income from surveys taxed in the UK?

I'm considering doing online surveys from companies such as YouGov, that pay you for each survey you complete, but I would like to know more about how taxes work, so I've got a few questions. Are ...
-2
votes
0answers
16 views

Should a retail trader choose a broker with access to dark pools

Often brokers advise their access to a 'huge' dark pool. If I were an institution trading big lots, then surely I would choose a broker like this. But as a retail trader, does this influence my choice ...
-2
votes
0answers
21 views

Why or how monetary policy can get scared foreign investments? [on hold]

In an interview with Daron Acemoglu, he says "the hot money which was floating through Turkey has stopped after FED's declaration that we are going to give much more attention on monetary policy". ...
20
votes
2answers
1k views

Mutual fund value went down, shares went up, no action taken by me

I have no prior experience with stocks so please forgive me if this is a dumb question but I don't even know what to try googling. Two days ago I signed up with scottrade. I put $1000 into ICENX ...
3
votes
1answer
108 views

What are my HSA contribution limits if one, but not all members of the family are covered by an HSA-eligible plan?

My understanding is that when a person enrolls in an HSA-compatible health plan, he may contribute $3300 to an HSA. For example, if Adam is enrolled in an HSA-compatible plan, he may contribute $3300 ...
3
votes
4answers
149 views

Buying a foreclosed property

Is it true that foreclosed homes usually sell for a discount? I mean, the bank is in a hurry to recover whatever money it can, so it makes sense they would be willing to take a hit on the sale price ...
-1
votes
0answers
18 views

What is stock analysis software platform having function to create personal analysis formulation? [on hold]

I would like to find what stock software can allow user to create his own analysis formulation .Anyone have resource ?
1
vote
0answers
13 views

401k Withdrawal In US, RNOR Status, and Tax in India

I have 401(K) account in USA. I am a US Citizen of Indian Origin. I plan to R2I next year. I am likely to be in RNOR status during the fiscal years 2015-2016, 2016-2017, and 2017-2018 I am aware ...
0
votes
2answers
539 views

Commission free trades for non permanent resident? [on hold]

My brokerage gives me a few commission free trades per month. Non-citizen, non-permanent residents cannot open an account. Are there any brokerages that offer commission-free trades and are open to ...
0
votes
1answer
26 views

How can I make the accepting of transactions more efficient in Quicken 2015?

Every weekend it seems I have to sit down and look at my finances in Quicken 2015, and it takes forever to accept all of the transactions. One-by-one, I sit and click each of the transactions ...
6
votes
2answers
5k views

Donation Value Of “One Bag Of Clothing”

Early last year, I donated some clothes to Goodwill and received a donation receipt for "one bag of clothing." I have no memory or documentation of exact contents to calculate an amount. Given only ...
0
votes
1answer
11 views

How do I clean up my Memorized Payees in Quicken 2015?

My Payees in Quicken are a mess. It seems like every transaction for the past 10 years has gotten an entry in there. So how do I clean it up? I can't delete them one at a time.
3
votes
1answer
43 views

Should I treat HSA as taxable or non-taxable in deciding on bonds if my state does tax it?

If my home state of California taxes the gains in HSA, should I use tax-efficient investments (for example Muni bonds), or should I assume that the market arbitrage on the taxable accounts so using ...
1
vote
1answer
59 views

Privacy Concerns For Self Employment Taxes

I'm a UK based freelance website developer, registered as self employed and trading under my own name. I have to be honest that things haven't been going all that well recently so I'm turning my ...
1
vote
1answer
34 views

How to pay the due amount after fiing the IT returns in India

For the AY 2014-2015, my Tax Payable is INR 8500. Thinking that I would get an option to pay online while submitting, I submitted the IT returns. Obviously, I didn't get an option to pay the due ...
29
votes
4answers
2k views

Recent graduate with new job: Choose Roth 401(k), or traditional 401(k)?

I just graduated, and I'm starting a new job soon. My employer has pretty good policy for matching 401(k) contributions, so I want to invest as much as possible, especially during this first year. My ...
6
votes
1answer
1k views

How to reactivate my dormant bank account in the US as non US resident?

I opened a bank account with Capital One in 2009 when I was in the US for work and travel. Last year I started Android app development and I used this Capital One account for Android app sale ...
1
vote
1answer
19 views

How do I interpret max drawdown and annualized standard deviation?

I'm studying hedge funds and I'm looking at two figures that I'm not sure how to interpret: The first is Max Drawdown, which I see scaling from 0 to -30ish. Is Fund A with a MDD of -15 more or less ...
1
vote
5answers
85 views

How to decide on split between large/mid/small cap on 401(k) and how often rebalance

On my 401(k) the default time-targeted fund seems to be relatively expensive. I thought about using Vanguard mutual funds, which are also available and have much lower expense ratio. However they are ...
3
votes
3answers
260 views

Why not pay in full upfront for a car?

I assume the following 3 hypotheses, which doesn't duplicate and instead only narrows http://money.stackexchange.com/a/38838/10763, http://money.stackexchange.com/a/15812, ...
2
votes
1answer
50 views

Do I have to sell worthless stock to claim a loss and clean up?

On February, 3 2000 I purchased shares in iVoice.com (IVOC). These shares sat in a "hobby" account which I rarely looked at until recently. I'm looking for guidance on how best to deal with the ...
1
vote
1answer
39 views

How to register LLC in the US from India?

I am living in India. I have an online business with many clients in the US, and I want to register it as an LLC in the US. Which state is the best to register in? What is the process for me to ...
2
votes
2answers
444 views

Does Warren Buffett have a personal portfolio that is public?

I see a lot of references to "Warren Buffett's" portfolio, but it looks like most of them are actually just Berkshire Hathaway's 13-F, although most don't reference any source. Does Warren Buffett ...
1
vote
2answers
961 views

How much tax should I pay in US on interest earned on my NRE a/c in India?

I am a person on H-1B who passes Substantial Presence Test. I have transferred money which I saved from my salary to my own NRE account in India. I think that I can transfer any amount without paying ...
0
votes
1answer
63 views

Why would my mortgage payment change if the interest rate stayed the same?

I just received a letter from my bank , stating that my yearly rollover interest rate would not be changing. As of now we pay $353.72 on the principal and 61.63 on the interest. This loan is almost 18 ...
0
votes
2answers
37 views

1040 or 1040NR this time?

I am a international student, came to USA on F-1 visa from India and graduated last year. this year (2014) my company filed H1-B and got approval. Now I am on my H1-B from this October. When I file my ...
1
vote
1answer
49 views

Difference btw Tom/next and Tom/Spot in Fx

I know that for Tom/Spot swap the near leg is settled T + 1 and the far leg of the swap is settled T+2. However, is a Tom/Next same as Tom/Spot swap?
5
votes
2answers
691 views

Is it true that in USA it is a common practice to present gifts with a receipt from store?

I have heard that in USA people usually present gift along with its receipt from store to allow one to return the gift to the store?
1
vote
1answer
34 views

W-4 Worksheet for Spouses Filing Jointly: Who Files the W-4?

I've tried finding an answer to this issue both here and elsewhere on the web and haven't been able to so far. My husband got a new job last month with a significant salary increase, and I've been ...
7
votes
6answers
1k views

How should I pay off my private student loans that have a lot of restrictions?

I have numerous private student loans, with amounts and interest rates like this: $30,000 7% 25,000 7% 10,000 7% 5,000 6% 4,000 5% My loan provider told me I have two options. ...
1
vote
2answers
82 views

Protect Money Given Student Loan Debt

I want to protect what little money I make for my family. Currently I owe more money than I make each month. The debt I have been obliged to pay for the past year includes: mortgage & ...
2
votes
1answer
57 views

Do early payments reset my limit?

Does paying for my balance before my cc company produces a statement reset my balance? Say I have a limit of $5,000 and use $3,000 and my cycle ends around the 27~ end of month. I pay on the 21st a ...
3
votes
4answers
108 views

Principal 401(k) managed fund fees, wow. What can I do?

I was looking over my end-of-the-year finances and noticed some really disheartening details about my company's 401k. The company holds a plan through Principal, and the managed 'target date style' ...
2
votes
0answers
22 views

Transfering balance between VISA cards in different continents

Is it possible to transfer credit card balance from a VISA card issued in Europe to a VISA card issued in the US? I've never done balance transfers before, and I (US card holder) need to help my ...

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