All Questions

1
vote
3answers
99 views

Employer asking for online access to bank account - Is this a scam?

I just recently got a freelance job as a virtual assistant. The employer I have looks like a reputable person with his own agency and everything. I'm new to it, so he asked for my bank account number, ...
3
votes
0answers
39 views

Vehicle has been broken into. Missing registration, insurance cards

My parents are currently out of town and they have left their vehicle parked on my block. We just discovered that the vehicle has been broken into. Aside from a few personal items, thieves have also ...
2
votes
0answers
38 views

got an internship offer while working a student job, how do I fill my w4 for the internship?

long story short, I am a non inmigrant with a permit to work in campus , already filled a w4 with the university and I earn less than 10k a year. I got an internship for 90 days and I got another w4 ...
3
votes
4answers
229 views

Does COBRA make sense anymore with the ACA?

I recently changed jobs. Job 1 ended in March, and Job 2 started immediately after the end of Job 1. The health insurance provided by Job 1 continued to the end of March. The health insurance coverage ...
0
votes
0answers
45 views

Why is this stock's P/E ratio so different from Price/EPS?

I was looking at Alibaba Group Holding Ltd ADR (BABA)'s P/E ratio of 28.55 from Morningstar. While looking at its financials, Morningstar says that its diluted EPS TTM is 26.41. But its stock price ...
0
votes
1answer
47 views

Iron Condor Profit Probability

I'm trying to see if I understand Iron Condors correctly and how to assess whether or not the risk is worth it for a given set of circumstances. The maximum profit on an IC is realized when all ...
2
votes
2answers
86 views

What form should I keep my tax records in?

... and for how long? I have many years of IRS tax records taking up space. I wanted to do one of two things. Throw some or all of them out. Convert them to electronic form by taking pictures of ...
0
votes
0answers
14 views

What is the difference between a stock and it's ADR version? [duplicate]

I understand that ADRs or American depositary receipts represent securities of a non-U.S. company that trades in the U.S. financial markets. But, I see many companies having an ADR and non-ADR ...
5
votes
1answer
214 views

What are the most common partner equity distribution for startups?

Background I'm doing some due diligence regarding a US registered (Delaware C-corp) tech startup in Europe, where the founders are located and living in the EU. Although the business idea is very ...
2
votes
0answers
38 views

What benefits and risks do American C-corps have for investors in Europe?

In Europe the start-up investor climate seem quite different from what investors and entrepreneurs experience in the US. As I am being part of a few different EU based startups I am confronted with ...
15
votes
4answers
2k views

Using credit/debit card details vs swiping a card in a payment (credit card) terminal

I was given by a seller an option to come to their office and swipe my credit/debit card there in their payment terminal. Because it's a long way to get to their office, I asked the seller if he ...
-4
votes
1answer
144 views

Where can I exchange bills for lots of coins?

No, not the other way around (what people usually talk about). I'm talking about for example exchanging a dollar bill to 100 pennies for example. These coins may come in handy when I need to revenge ...
0
votes
0answers
98 views

New mortgage co reversing claim decision by old mortgage co

I had a claim in March of last year due to hail/storm damage. The claim was paid by insurance to me and mortgage co. Then the mortgage co sent all the payments due, out to me in my name and the ...
-5
votes
1answer
154 views

Is this a scam or not a scam?

I received the below email. Is is a scam or not a scam? Attention: Mohamed Atef, May the peace of the Lord be with you. Yes He left an ATM/VISA CARD with me before he traveled out of the ...
0
votes
0answers
22 views

Does a master trust have to liquidate to hand off assets to one or more child trusts? [on hold]

My mother had a trust which Wells Fargo Trust Management mismanaged. Before my mother passed, WF Trust Mgmt closed the master (parent) trust without specifying the siblings correctly. Just so I ...
4
votes
0answers
45 views

Canadian parent gifting adult child in the US

My wife was born in Canada but now has her US citizenship and resides with me in the US. She still has Canadian Citizenship but, as you know, the US does not recognize dual citizenship. One of her ...
3
votes
2answers
111 views

Is it possible to deposit stock into a Solo 401k?

Towards the Solo 401k limit, is it possible to deposit stock held in an investment account, and have that count towards the limit? For example, if my 401k contribution limit is $20,000 annually, can ...
5
votes
0answers
70 views

Donating winning lottery ticket to 501(c)3 Private Foundation: cost-basis deduction + full tax free redemption for foundation?

US 501(c)3 Private Foundations are typically controlled by the primary donator, so that is a nice perk, but in exchange for that perk I realize the tax deductions for donating are significantly ...
5
votes
1answer
109 views

Fed funds rate and probability of a recession

From an article today on Investopedia: Bonds Signal up to 60% Chance of Recession Earlier in 2019, the Federal Reserve announced a pause in its program of interest rate hikes, re-energizing the ...
7
votes
1answer
111 views

How do I know if my UK workplace pension scheme is trustworthy?

In the UK, employers are required by law to automatically enrol most employees in a workplace pension. I've recently been autoenroled in such a scheme. However, I'm conscious of the fact that the ...
1
vote
3answers
129 views

How to buy a contract for S&P 500 index?

I am researching writing covered calls on S&P500 index. So in order to sell covered call I need to buy a contract for S&P500 index. I've never traded indexes. What exactly I will be buying (...
0
votes
1answer
275 views

My friend asked me to transfer money to her overseas' family, is that legal? [duplicate]

My friend asked me to transfer money from my bank account to her overseas' family because she has reached her limit of overseas remittance. She transferred AUD$4,000 to my account and asked me to ...
-2
votes
2answers
143 views

How can I force a reconciliation between VantageScore 3 and FICO® Score 8?

My wife's credit score via VantageScore 3.0 (via CreditKarma, which is based on TransUnion data) is 790. In contrast, My wife's credit score via FICO® Score 8 is 670 (also based on TransUnion data)....
4
votes
2answers
131 views

Help on calculating credit card interest

Below is a summary of my current statement Apr 21 2019 - May 2019: The APR is 25.24% I had a promotional 0% APR till Apr 20. This is it google drive link I have tried my best to calculate the ...
0
votes
1answer
39 views

Is there a relationship between Post Hours Trading Volume spikes and Options?

So, I have watched a short video (https://www.youtube.com/watch?v=lXRAhoNd-50) of Lawrence McMillan talking about trading options on or near expiration. He discuss that arbitrageurs says that they buy ...
0
votes
1answer
42 views

Indicator for Market deviation of a range

Is there an indicator that would allow me to monitor surges or drops of an asset's price compared to the usual range it has traded in over a period of time? I'm building a script so i'm trying to ...
2
votes
1answer
212 views

What is the need for progressive tax rates? [on hold]

I learnt that progressive tax rates are used in order to be fair (i.e. collect more from people earning more and lesser from people earning less) but, even if the same percentage of income is ...
0
votes
1answer
42 views

Do significant initial oil well capital costs overlap with early production?

I am trying to understand SEC filings of various oil royalty trusts. To really understand what is going on with them, I need to know the answer to the question in the title. To expand on it a bit: An ...
0
votes
1answer
24 views

Relation between par value, offering price and trading range

I recently saw a public offering of securities stating the following: We are offering 2,000,000,000 shares of our common stock, par value $0.00001 ("Common Stock"), at an offering price of $0.001 ...
0
votes
3answers
82 views

How do I fill out a W9?

On a W9 which line denotes whom the check is payable to, line 1 or 2? If a company is an individual/sole proprietor, and line 1 and 2 is filled in which line do I use for the remit to?
0
votes
1answer
42 views

Taxes on shares

I am wondering about an aspect of taxes on shares. What exactly is taxed? How is the fee of my bank factored in? (Is it at all?). I am asking specifically for the German take on this, but I assume ...
1
vote
2answers
80 views

Supply and demand in the stock market and its relationship with the market capitalization of a company

If demand is more than supply, stock prices go up. Then does that mean a company can increase its value by intentionally restricting supply?
1
vote
2answers
177 views

Are wages from a corporation always immediately tax deductible? [on hold]

Suppose a corporation which constructs apartments and rents out those apartments expects to start earning money in its fifth year. Can it then just increase construction in that fifth year to create ...
-1
votes
5answers
289 views

Theoretical gain of a one month investment [on hold]

Say you get a million dollars on your account through a mistake by the bank and they don't realise it for a month: how much could you make from clever investing the money before they charge it back a ...
0
votes
1answer
68 views

Should I take money from my beneficiary IRA to invest in index funds?

My father passed a few years ago and left me two beneficiary IRAs. I take my minimum distributions from them once a year ($1000-2000 distributions). I'm in my late 20s and want to invest in index ...
-2
votes
0answers
124 views

Where are some banks I can trust with my retirement fund? (I'm a citizen of a developing country. Banks here are not trustworthy due to government) [on hold]

Where are some banks I can trust with my retirement fund? (I'm a citizen of a developing country. Banks here are not trustworthy due to government. Inflation could increase to 10000% tomorrow. Banks ...
1
vote
1answer
168 views

How can I understand historical changes in my credit score?

In October 2018, my wife's transunion credit score blipped down from a consistent 780 to a consistent 680. When I called to complain, Transunion noted that one of her credit cards seems to lag behind ...
0
votes
0answers
32 views

Good sources for analysis of stocks and options trading [on hold]

I am a beginner investor in the US looking to use some of my savings in the stock market. I personally do not have any financial background so I rely on analysis on popular trading sites like Zacks, ...
1
vote
3answers
143 views

Do employers withhold the correct amount for higher tax brackets?

I'm for the first time making a pretty large sum of money that puts some of my income in the 24% federal tax bracket (though my effective tax rate- fica/fed/state is around 30%) I just got my first ...
0
votes
4answers
309 views

Buy my leased car?

My 2016 Lincoln lease is up. I'm considering buying it for $25000 and putting $7000 down to meet my finance 60 month payment budget. My Salesman said today that much down is not a good idea as I will ...
0
votes
1answer
143 views

Is it viable to use betting sites to “hedge” against world events?

These days gambling of world events, like a No-deal Brexit, or the results of an election is a fairly well established thing. (I imagine most people do it as a bit of a laugh) I am wondering if one ...
2
votes
2answers
61 views

Am I allowed to accept payment to my US bank account, after leaving the US? (I was on F1 visa, I have no SSN)

Am I allowed to accept payment to my US bank account, after leaving the US? (I was on F1 visa, I have no SSN, I never worked in the US) I don't even know if I'm allowed to have a bank account after ...
2
votes
0answers
36 views

UK Capital Gains Tax on Property - Deductible costs

Over 16 years ago my mother gifted me £40k from the sale of her home that I agreed to use towards buying a flat in my name for her to live in. There was a proviso to the gift that I was to give my ...
2
votes
1answer
274 views

How to rent a home that I own outright for maximum benefits?

Suppose, I have a home that I want to rent, and it is paid off and valued at about $350K. I am currently living in this home. Should I sell this home to a LLC ( This LLC to be formed and owned by me),...
3
votes
1answer
52 views

401k / Foreign Tax Credit

I am resident in the UK. My Wife is also resident in the UK, but is a US citizen. I'm 40 years old. We file a joint US tax return each year, and we file 1116 against all of my UK earnings. I have ...
28
votes
7answers
12k views

Why would a rational buyer offer to buy with no conditions precedent?

Assume that the Canadian Reddit commenter beneath is rational. I corrected typos. As an investor, I have a tactic where I only buy houses via the listing realtor, and do not use my own. Why? ...
0
votes
1answer
46 views

What are the downsides (impacting returns) of a short-term purchase & sale to cut the loss (other than wash sales rule)?

In the US, IRS wash sales rules indicate that a loss in security exchange cannot be claimed tax deductible in the same year income tax filing, if the transaction of purchases & sales takes place ...
0
votes
2answers
263 views

If I buy a low volume penny stock for 50% more than the current market price then will the stock go up 50%

So if stock x usually has zero volume, but there are sellers and the current market price of the stock is 50 cents and I buy 100 shares from a seller for 75 cents then will the market price go up to ...
3
votes
0answers
38 views

Can I defer starting Medicare if 65 and on COBRA after a lay-off? (HSA, COBRA, and Medicare)

I turned 65 in February, am still working full-time, and have medical insurance through my company that qualifies me to defer signing up for Medicare. I've been contributing the maximum to my HSA ...
2
votes
0answers
42 views

Tax on inherited property [duplicate]

I am USA citizen and I want to sell my inherited property in India. If I bring that money to USA, do I need to pay taxes in USA?

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