All Questions
39,401
questions
0
votes
0
answers
17
views
Explain GUARANTEED MINIMUM CASH SURRENDER VALUE in an annuity in the US
I have a multi-year guaranteed annuity at a fixed rate of interest. I am allowed to withdraw the full value at three years without a surrender charge.
The annuity includes the statement:
GUARANTEED ...
0
votes
0
answers
58
views
How to deposit Money in USD without losing in exchange rate
I have two bank accounts in Canada: one with Scotiabank and the other with Tangerine (an online bank).
My Scotiabank account is only in Canadian dollars, while my Tangerine account has both Canadian ...
- 131
0
votes
0
answers
16
views
Do capital losses impact the preferred rate tax amounts you'd expect from qualified dividends? [duplicate]
(For purposes of checking tax worksheet calculations for the US Federal return, Form 1040)
Assuming you just have ordinary income and qualified dividends, your qualified dividends may be taxed at a ...
- 217
16
votes
4
answers
3k
views
Paying a parking fine when I don't trust the recipient
I realized post factum that I forgot to pay for parking at a country park in the UK. There were signs and payment machines, but for various reasons I forgot to do it.
Today I got a payment notice from,...
- 677
-2
votes
1
answer
120
views
AI apparently uses huge amounts of power. Does it make sense to invest in utilities? [closed]
I've been reading on and off about how AI requires vast amounts of electrical energy.
Today I came across this article in Yahoo Finance:
"Forget Technology, Focus on Utility ETFs to Tap AI Boom&...
- 97
-4
votes
1
answer
104
views
Most privacy respecting financial broker? [closed]
I intend to invest since a long time. One of my main obstacles hitherto has been the massive amount of personal information the brokers request during sign-on.
I just observed it again with friends, ...
- 7
0
votes
2
answers
507
views
Real Estate near High Tech companies could fetch 25% annual compound rate?
I was thinking that it seems the real estate near some Fortune 5 or Fortune 50 companies (such as Oracle Corp), the houses near the lagoon with 4 bedrooms were going at US$450k in 1995. Today, every ...
- 1,097
0
votes
1
answer
69
views
If you exceed the Personal Savings Allowance in the UK, do you personally have to report it to HMRC?
I'm based in the UK and am in full time employment. I pay tax at 20% via PAYE.
Due to increases in interest rates I've exceeded the £1000 PSA (Personal Savings Allowance) on interest earned across ...
- 101
0
votes
0
answers
91
views
Why does the loan company require I have $250;in my account so they can deposit the loan?
I got approved for a loan but the company is requesting that I have $250 in my cashapp acct so the loan can be deposited in to the account. Is that normal or is it a scam?
2
votes
1
answer
217
views
If a person was in a coma for 10 years, failed to file and pay, would IRS demand interest payment? [closed]
A quick question on interest abatement. It seems like there's really no reason why IRS could abate interest on underpayment of tax except for a mistake on part of IRS which led to a delay or something....
0
votes
0
answers
34
views
Is it possible to accumulate platform tokens on online survey platforms in Germany in one year that can be cashed out tax-free in the next year
In Germany it's possible to take part in online surveys using sites like Toluna,
Meinungsstudie.de ...
In Germany it's also possible to earn up to 410 Euros per year tax-free.
So one can make up to ...
0
votes
1
answer
32
views
Deferred Qualified HSA Withdrawals in the Case of Sudden Death
If I defer my HSA withdrawals in order to realize the tax-free gains (as described in this post HSA withdrawals for past years?) and then suddenly die, can my estate apply receipts and receive tax-...
-1
votes
1
answer
74
views
A couple questions about check fraud? [closed]
I was recently watching some videos about the "Chase Bank Glitch" and I was wondering how much people have made from check fraud. And how how often are people caught for fraud? Why do you ...
1
vote
2
answers
61
views
How to calculate an appropriate pension withdrawal rate?
I'm trying to create a pension prediction spreadsheet for myself. One of the input variables is going to be the pension withdrawal rate. Looking around the web, I can see that typically folks are ...
- 284
0
votes
1
answer
61
views
Can I cash/deposit a cheque without a UK bank account or address?
So I moved abroad and cancelled my UK bank account, assuming they would ask me where to wire the money left in it. Instead they sent a cheque to my old UK address. I can get someone to pick that up ...
0
votes
0
answers
32
views
calculating benefit of bunching donations with donor-advised fund
I am considering bunching several years of charitable donations into a single year with a donor-advised fund (DAF). I'm having some trouble with the calculations because it seems that there are a few ...
- 871
0
votes
2
answers
55
views
Double-entry (GnuCash) tracking shared assets within a single bank account
I'm managing a bank account for a group of us. There is (say) $1,000 in the bank account (set up as a checking account under assets) - how should I manage the allocation of a quarter of the total to ...
2
votes
1
answer
357
views
Determining residence for tax treaty benefits
I am trying to determine whether I qualify for tax treaty benefits, specifically in the context of the W8-BEN form. I need to submit this form because I hold US stocks, and therefore am taxed by the ...
- 21
15
votes
3
answers
4k
views
Invest smaller lump sum vs investing (larger) monthly amount
I am receiving monthly compensation for having to move due to the demolition of my apartment building. I have two choices for the compensation:
Take the compensation, at $755/month for the duration ...
- 251
0
votes
0
answers
48
views
Question about "Cash flow from assets": why capital spending is not "offset" with long term liabilities?
My question is about "Cash flow from assets", outlined in this formula:
Cash flow from assets = Cash flow to creditors + Cash flow to stockholders
I am learning that the cash flow from ...
- 159
0
votes
0
answers
54
views
An ETF based (or electronically tradable) structured instrument which behaves like a mortgage
I will keep my question extremely succinct. Very succinctly, for a mortgage you put a deposit, you get a loan, and you pay interest on that loan for N years until your principal (say M) is paid and ...
- 101
2
votes
1
answer
154
views
Are there any assets you can invest your retirement accounts in that take advantage of the illiquidity premium?
I have various retirement accounts (e.g. Roth IRA, 401k) that I have no intention of withdrawing money from until I reach retirement age, which is multiple decades from now.
But it seems like the most ...
- 121
1
vote
1
answer
61
views
Why isn't hledger import parsing epoch timestamps?
I have a CSV with rows like this:
1724760000,"American Express","Payment",1234.56
When I run hledger import data/tmp.csv -f data/current.ledger --rules-file data/checking.csv....
- 13
0
votes
1
answer
44
views
How to get historical index stock composition of Nifty 50, Nifty Next 50 and other indexes over the years? [closed]
I need to fetch the constituent stocks of Nifty 50 over the years, say starting from 2015. If I am not wrong the index weightage is reviewed and updated every 6 months. I need to know—starting 2015—...
- 167
0
votes
1
answer
180
views
How do the ultra wealthy save money by taking out loans instead of selling their stock? [duplicate]
From this NYT article (https://www.nytimes.com/2024/08/29/us/politics/donors-harris-tax-ultrawealthy.html):
"The billionaire minimum income tax could be particularly costly for ultrarich tech ...
0
votes
1
answer
118
views
Use of the data from sites like NASDAQ and others
I am designing a site to publish some insights about big companies, their financial reports that I need to scrape from other website like NASDAQ, Bezinga etc. Is this allowed to publish this data in ...
- 103
0
votes
0
answers
31
views
Calculating Price/Earnings Ratios for Indices
Since there are different ways of calculating the forward P/E ratio of an index, I am uncertain as to which method is common practice. In this respect, I have two questions:
In the factsheet for the ...
- 263
0
votes
0
answers
43
views
Is BBO the same as NBBO?
I have read wikipedia pages about National best bid and offer (NBBO). It seems to me that in the US market, one stock can be traded on different markets, that's why NBBO is needs, it is an aggregated ...
- 101
-2
votes
1
answer
103
views
Can I start an S-Corp to donate my income to so it doesn't show I earn income while the S-Corp pays taxes ,running biz that is donating to charities
People that get financial help like public assistance or social security, if they get a financial gift from others, or maybe they get lucky and sell one song lyrics, or sell a painting that is a on-...
0
votes
1
answer
48
views
GNUcash - How to actually edit rules in the Import Match Editor
The import match editor only shows (many faulty) import rules every time after i imported lines. I only see a way to select and delete lines.
I would like to actually EDIT lines, so that I can use e.g....
- 11
2
votes
0
answers
82
views
Alleged unpaid invoice with Direct Debit
TL;DR: Service provider, who collected fees using Direct Debit, is alleging there are unpaid fees without providing much detail, months after the end of the contract, and isn't providing sufficient ...
- 677
1
vote
1
answer
119
views
Federal withholding
My W4 is filled out correctly, Exempt is not marked. Federal taxes are not being withheld. Why is that? I file head of household, 1 dependent under 18 and no additional taken out.
- 11
-5
votes
2
answers
240
views
What options do I have if I'm able to buy more shares of a stock than the total supply?
I'm invested in a penny stock I think could increase in value. A bunch of other shareholders are fairly pessimistic about the stock believing it's being manipulated down by market makers. They believe ...
- 97
2
votes
1
answer
159
views
What counts as revenue for a credit card company?
I am looking at the income statement for a (public) credit card company. It shows a certain amount of revenue. What I need to understand is what counts as revenue. For example, a credit card ...
- 1,639
-1
votes
2
answers
242
views
How can my friend tell his mom she can't move back in because she hasn't paid anything except the down payment and closing costs?
My friends mom put down the down payment and closing costs on a house. She hasn't paid anything towards the mortgage, taxes, repairs or bills. She ended up moving to another state with his sister and ...
0
votes
1
answer
40
views
How do I create an empty copy of your Chart of Accounts in Gnucash?
I'm trying to create an empty chart of accounts as described at https://wiki.gnucash.org/wiki/Closing_Books. It says: create an empty copy of your Chart of Accounts by selecting File->Export->...
- 1
2
votes
1
answer
154
views
Why does it cost so much to produce shareholder reports for an ETF?
I was looking at the Annual Report (January 31, 2024) for Vanguard's "Vanguard Real Estate Index Funds". On page 15 of that report there is a section titled "Statement of Operations&...
- 503
-1
votes
1
answer
164
views
Can I own a "trillion-dollar company" by selling 1 share out of 1 trillion for a dollar? [duplicate]
Let's say I start a new company with a trillion shares.
I then get my friend to invest a dollar in it in exchange for one share.
Two questions pop to mind:
What, if anything, prevents me from ...
- 3,385
1
vote
1
answer
123
views
Private Pension - UK Citizen, Moves Country Every Year
I am a UK citizen in my 30s that works in Academia. I have moved country for work almost every year for the past ~15 years. I regularly have to move country at short notice. Nowhere I have ever worked ...
1
vote
3
answers
138
views
How do I evaluate the Time value of money when buying term insurance?
I am currently evaluating buying a term insurance and very confused with few concepts around time value and evaluating the right option.
Regular payments - you pay for 30 years lower amount now but ...
- 13
-3
votes
1
answer
113
views
How can I register an S-Corp if I live in a rental property and do not have a business office?
I live in California and have recently obtained my loan officer and insurance agent licenses. I am planning to register an S-Corp and launch a website to sell loan and insurance products. I do not ...
- 145
0
votes
0
answers
31
views
Does Questrade only work with banks listed in the Interac portal for transfers?
I use a Wealthsimple account as my savings and Questrade for investments. How do I transfer a little money from Wealthsimple Cash account to Questrade?
Options like bill payment could take a few days, ...
- 101
0
votes
0
answers
150
views
Where can I put money so that I can transfer it easily?
My bank (the Postal bank) has blocked me from transferring money through their website. I do not know why - they do not answer the phone. The only way I can transfer money is physically go to the post ...
6
votes
3
answers
3k
views
In the US, can I buy iPhone and Android phones and claim them as expense?
Let's say, if each year, I buy the top notch iPhone and Samsung phone, just to decide how to rebalance my US$500,000 investment in these two companies, are the cost of the phones tax deductible?
On ...
- 1,097
2
votes
1
answer
70
views
Confused About the Use of Bond ETFs in Target Date Funds instead of Raw Bonds
I’ve been investing in my company’s 401(k) for a while now, and since I didn’t know much about the financial market when I started, I just went with the default option: a target retirement date fund ...
1
vote
0
answers
80
views
Can gym equipment be Medically Necessary under the terms of the FSA?
Currently, I go to the gym only to do squats? I have a back problem that caused a lasting injury and basically left me disabled for six months.
By working out my core, I prevent the injury from ...
- 399
0
votes
2
answers
721
views
Do FSA administrators have the option to challenge a medical necessity?
If I have a valid letter of medical necessity for a Herman Miller ergonomic chair which is $2,000. Do FSA administrators have the option to challenge or reject that letter of medical necessity or can ...
- 399
18
votes
3
answers
7k
views
Is it possible for a company to dilute my shares to the point they are insignificant
Say I have invested in a company that has 4 outstanding shares. 3 shares are owned by the founder and 1 by me. Let’s say the valuation of the company is $100.
Now if the founder wants to fraudulently ...
- 181
0
votes
0
answers
108
views
Wages reported to payroll-then cancelled
Two years after leaving a company, I just found out they reported wages for me but then cancelled the check. What are the ramifications of this for me?
2
votes
1
answer
496
views
Tax Treatment of Emancipated Minors
If a child (16 years old) was emancipated by a court ruling and if we assume that the tests for "Qualifying Child", "Dependent", and "Child Tax Credit" are still met, ...
- 23