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0
votes
4answers
108 views

Should I invest in the US or India markets?

If I had $1000 to invest, am I better off investing it in the US, in India, or a mix of the two? I am an Indian citizen working in the US, with the option of investing in US index funds or sending ...
2
votes
3answers
433 views

Investment in mutual fund in India for long term goals

I am first time planning to invest in mutual funds. My goal is long term investment. I am 32, married & from India. I would like to invest Rs 10K per month in SIP mode. On reading couple of ...
0
votes
0answers
3 views

Does UNComtrade database contain the list of importer/exporter companies too?

United Nations has a section for statistics, and that section has gathered global trade data under the name of UN Comtrade. However, I can't find a place where I can query importer/exporter companies ...
2
votes
0answers
22 views

State pension from UK when a moving back to Spain after working only 10y in UK

I am a Spanish citizen who has been living in UK for the past 7y. During this period I have always worked here and I haven't received any income from Spain. I have also regularly contributed to a ...
0
votes
0answers
27 views

Why did position close very quickly on FTSE

Using MT4 on the FTSE, on 2019-10-16, I set an automated position with: - Open: 7203.7 - Stop Loss: 7193.7 - Take Profit: 7208.9 At 06:15:07 the position opened at 7203.8 and at 06:15:49 it closed ...
2
votes
2answers
163 views

Add joint owner to title of a fully paid house in the United States

While married, I bought a property, in my name only, nine years ago. It has been fully paid off for six years. I want to add my spouse of 20 years as a joint owner on the title. What is the process ...
4
votes
3answers
124 views

When do we have to pay the tax for 401K withdrawals?

I am planning to withdraw money from my 401K to use it for down payment on a house. The question is, when do I have to pay the tax? If I withdraw it in 2020 after I file my tax return, would I pay the ...
0
votes
0answers
12 views

How do rental income/costs factor into a debt to income ratio for a home purchase?

If I own a house that I rent out, and I apply for a mortgage to purchase a new primary residence, how do the rental income and costs factor into a debt to income (DTI) ratio for that new mortgage? My ...
0
votes
5answers
349 views

Why do companies not buyback all their shares when they earn enough profit to do so?

Won't it be better for companies to buy back their stocks when it's possible. They won't have to answer to the shareholder or pay dividends.
-1
votes
1answer
60 views

Is candlestick analysis still relevent?

I've read a couple books on candlesticks, but they are all from at least 8 years ago. It seems like it has grown in popularity since then, and a lot of platforms offer the algorithms for people to use....
5
votes
4answers
1k views

Would the minimum payment or full CC amount be considered monthly debt?

Based on Is rent considered a debt? The question of: What is your total monthly debt payment (e.g. student loans, vehicles, credit cards, personal loans, etc.)? got me thinking. If you rack up $...
34
votes
3answers
5k views

How can I sell my shares in a privately-owned company I used to be employed by?

Basically, I was a software developer at a company and I was issued some stock options early on, before the company grew significantly. The company then hired a CEO who pledged to take the company ...
1
vote
1answer
65 views

Principal residence exemption after the first house?

I'm trying to think through a situation for my brother where he co-owns two homes, one of which is with me which he wants to gift to me. I'm not sure how principal residence exemption works on his ...
0
votes
0answers
23 views

What purpose code should I select when transferring money to my US LLC?

I'm an Indian citizen living in India. I have an LLC registered in the state of Wyoming with an EIN. It is a single member LLC. I also have a business checking account for this LLC with a US bank. Q1:...
0
votes
1answer
110 views

Are friends and family discounts or employee discounts taxable?

I recently read this article which says in Canada: "barter transactions are only taxable when the goods or services you're giving up are of the kind generally provided by you in the course of ...
2
votes
2answers
66 views

Can an non US citizen/non resident open an US bank account for his LLC with a tourist Visa?

I'm starting an ecommerce business from my origin country and I will sell products in the USA . I need to open an US bank account in my business name. I already have an LLC and I need to know is it ...
19
votes
5answers
15k views

Is rent considered a debt?

I am taking a financial assessment. It asks me: What is your total monthly debt payment (e.g. student loans, vehicles, credit cards, personal loans, etc.)? Then the next questions are about ...
0
votes
2answers
68 views

paperwork application to open new financial accounts - identity theft security risk?

I opened a bank account and a brokerage account using traditional paperwork forms I was provided with at the financial institution where I opened these accounts. That got me a bit worried as the ...
20
votes
4answers
55k views

Only my husband's name is on the car title. How can I protect my ownership in case of divorce or death?

My husband bought a car. Only his name is on the title because my credit is not good, but his is very good. But I am going to pay the car loan and the insurance. I would like to know if it's ...
5
votes
4answers
5k views

529 (college saving) account for multiple kids

I have a 529 account for my 3-year-old. We just discovered we're expecting another baby. Is it better to open a new 529 for the new baby or just keep contributing to one and then split it later on?
1
vote
1answer
92 views

What does it mean by Global recession? [on hold]

I am bit curious to understand what it actually means when I read global recession is coming soon. There are some questions which pop in my mind reading such news. Some of them are: What causes ...
26
votes
6answers
5k views

What is the business model of discounted gift cards?

Context: I have an account on a third-party website that sells discounted (first hand) gift cards — because my employer is part of the scheme. For example, you pay ¤95 for a ¤100 gift-card, in the ...
0
votes
2answers
210 views

price up under selling pressure

Why does share price go up in spite of tremendous selling pressure? I shorted one share after seeing one share where selling was three times more than buying but it went up.
-2
votes
0answers
19 views

Cash Flow problem with Factor Approach - Shifted Uniform Series [duplicate]

A five-year project, if undertaken, will require an initial investment of 50,000 ₺. In addition there is a fixed cost of the project which is paid as 4.000 ₺ at the end of each 5 years. The ...
2
votes
0answers
69 views

Rental Issues - HMO was never issued by landlord (UK) & Notice Period after AST expiration

Back in late 2016, three people rent a brand new flat in London (UK). Then, during the years, we had a few contract renewals (AST) with new names (as we had one person being replaced every year). ...
2
votes
2answers
106 views

Am I eligible to be fully vested?

I have worked for a company in Illinois for a little more than 2 years and was layoff in 2016 in a "mass layoffs" of 37 employees. My 401K shows two balances: Vested balance: $25,651 and Current ...
3
votes
3answers
149 views

Interest rates and what does “discount” mean?

I was reading an article that says "Interest rates play an essential role in financial markets. Foremost, they represent the rate at which investors discount risk-free as well as risky future cash ...
2
votes
0answers
89 views

How should I report cleaning expenses on airbnb

I am trying to file my U.S. joint tax return for year 2018 and I have a question. My wife was running an Airbnb rental business for which the 1099 was reported to the IRS by Airbnb in the amount of ...
17
votes
3answers
12k views

In double entry accounting, how does income become equity?

Using GNUCash, help, putting it all together, I'm accounting for a lottery income transaction. I was able to get the example shown with 2 transactions. 1. Dr. Savings 750,000 Cr. Income:...
2
votes
1answer
93 views

Confused about stock merger reflection on portfolio

So I have stock in ASX who announced a merger earlier in the year with SPIL and I received all the usual merger notices etc about they will become "ASE Industrial Holding" and the way the share ...
4
votes
1answer
116 views

Is my tax return refund unsually late?

Around May this year (2019) I submitted a (late!) tax return for the 2017 fiscal year. I did so by generating the form with some tool, and then mailing it to the IRS office that was specified online. ...
1
vote
1answer
142 views

What do I do if someone forges my check

Someone recently forged my signature and used that to withdraw money from my account. I already called the bank (Chase) and they put a restriction on that account and open a new account for me. They ...
5
votes
1answer
70 views

Does employer matching contributions in a TFSA count towards the annual limit?

Does my employer matching my contribution to a TFSA count towards my annual TFSA contribution limit?
0
votes
0answers
59 views

Any method that I can use to send an international wire transfer (strictly) with? [on hold]

I have some funds on a Payoneer account and I'd like them moved to one of my bank accounts, however this bank only accepts wire transfers. No ACH, no local bank transfers, etc. The problem here is ...
2
votes
1answer
37 views

Mortgage: Floating rate loan tenure extension on rate increase

I am trying to figure out how my bank has implemented re-pricing on my floating rate home loan. The original home loan was for an amount of ₹ 48 lakhs (₹ 4.8 Mn) at an annual rate of interest (RoI) ...
1
vote
3answers
159 views

How does one determine the debt owed to a trust if trust money was loaned to buy property?

The question is a bit difficult to grasp so let me give some background first. Let's say person A uses some of his own money and loan's money from person B to buy a house (at an interest rate lower ...
2
votes
0answers
59 views

Do foreign entities earning money via US marketplace platform have to pay US taxes?

I registered a one-person LLC in my country of stay (Taiwan) that I use to receive income from a US-resident online marketplace platform that connects me (offering services) to international customers ...
0
votes
2answers
43 views

How do I calculate annual return for each of the 5 years from monthly historical data?

How do I calculate the annual return for each of the 5 years from monthly historical data? How do I account for stock split and dividends in the year? I'm not sure if this is the way to calculate. ...
3
votes
3answers
478 views

Lease computing power to earn money - lifeinspace.org

I recently found a site - lifeinspace.org, which it exchanges our computing power for a space project to money. I got the payment, however, I am not sure about the legality of the money earned. I ...
0
votes
0answers
22 views

Pre order revenue Taxed at end of year?

As a C corporation going to crowdfund and expect to raise and receive the money in Nov/Dec 2019. Most of the cost for production will be spent in Q1 of 2020 and product delivered to backers in Q2 ...
0
votes
2answers
104 views

Benefits for women in Ontario

Im unemployed i apply for a jobs but not luckly call for an interview yet. I will be separating soon with my husband . I lived in Eastern Ontario near Renfrew. Not much jobs around here i wanted to-...
0
votes
1answer
52 views

Efficient Canada investment account after maxing out TFSA that is not RRSP?

What kind of investment accounts in Canada are tax-efficient and allow holding U.S. stocks (Amazon, Google, etc.)? I have maxed out my TFSA, and would prefer not to lock money in retirement-inclined ...
68
votes
9answers
20k views

How is early-and-often home buying as “get rich” advice feasible?

I am being told by this guy that the following is a guaranteed-to-work way to become rich and retire early. He says to start early. 20 years, or near that age. Buy 1 house a year. Rent it out. Start ...
2
votes
1answer
91 views

Indian Resident gift from India to me who is US citizen

I'm an US citizen. My friend and relative who are Indian citizens want to transfer USD 50,000. They will send in two transactions of 25,000 each. Transfer is from their Indian bank account directly to ...
0
votes
0answers
46 views

Would it be advisable to withdraw money from the Estonian pension system?

The Estonian pension system consists of three "pillars": State pension: some base amount + amount based on work experience. Taxed as regular income at 20%. Mandatory Funded pension: The 2+4 pillar. ...
0
votes
1answer
234 views

Do I get a reduced tax rate as a minor for my business selling items on eBay?

I recently turned 13 and I have an eBay business that is growing quickly. I have about a 5-6k net worth of merchandise (I just bought a huge order). I predict that I will have 100k by the end of next ...
0
votes
0answers
26 views

can an indian use an already incorporated LLC's name and address for its online clients in USA [on hold]

i am an indian having online business. one of my friend having LLC in USA has offered me a help to use his company's name and address for my clients in USA. the address would serve me as a delivery ...
5
votes
2answers
2k views

Islamic Banks and Personal Lending

As per my previous question on "The difference between Islamic Banks and Western Banks", it was answered that Islamic Banks do not charge interest but instead agree on a percentage of profits the ...
2
votes
1answer
181 views

In case of Islamic banking what is the technique of adding profits to long-term deposits?

As we all know that Islamic Banking avoid interests. Then, what is the technique of adding profits/returns to short/long-term deposits or any deposit?
4
votes
2answers
152 views

Can I use home equity line of credit as second house down payment?

I recently moved to Boston where housing is very expensive compared to where I lived before. Buying a house requires a lot of money as down payment, and I am still short of $30000-$40000. But I have a ...

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