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votes
6answers
400 views

Overpay student loan or mortgage first?

I am aged 23 and make £48000 a year. I have 2 sources of debt at the moment, my student loan and a mortgage I have just entered. Student Loan Details: Amount: £42775.54 Interest Rate: 5.4% Monthly ...
1
vote
1answer
43 views

What does these long wicks mean in a candle stick chart?

What are the long low wicks mean in the following chart? They are highlighted in yellow. The volume stat for the highlighted middle one is given below:
0
votes
0answers
26 views

Candle sticks and effect of index price on stock

The following are the candle stick charts of NASDAQ COMPOSITE, AAPL and UBER for 2/7/2020. My questions from the chart are: There is long high candle wick for NASDAQ and AAPL. But UBER has a long ...
0
votes
0answers
16 views

Special considerations for negative stock levels for average cost? [closed]

It is very common for made to order businesses to have negative stock as these sell items before acquiring them. In such cases, the moving average cost calculation does not account for the existing ...
0
votes
0answers
25 views

Income Statement number differ between websites. Where is the truth?

A couple of days ago I asked about apples depreciation numbers since they are not unambiguous and somebody pointed me out to WSJ's site. But I am confused as of how the various numbers are generated ...
0
votes
1answer
132 views

I got scammed or not and what should I do?

One day a company send me email that I was selected for position of assistant in real state agent. Then filled up form and ready for 1 month paid trial. Then they send me email to contact a person via ...
2
votes
0answers
29 views

Transferring money from HSBC UK to TD Bank in Canada

Lets say I want to transfer money to Canada from UK. HSBC-UK asks me to to enter the following information Payee account number Payments Canada Routing number Bank Name Now the question : Should "...
1
vote
0answers
41 views

NY & Federal Quarterly tax payments for someone with Fulltime job and a side gig?

In 2020 I want to start paying estimated quarterly taxes but I am not sure exactly how to calculate the amounts. If I make X$ yearly income from my full time job have maximum withholding. I also ...
1
vote
4answers
86 views

What are tax implications of being long and short stock at the same time?

Let's assume that I am expecting a dip in a stock that I own. In such cases the usual strategy is to sell stock and buy back at a later date during the dip. However, this would trigger a taxable event ...
2
votes
1answer
137 views

Does purchasing a second home qualify for 401K hardship withdrawal?

I just asked Vanguard and they checked my withdrawal availability: Either Hardship withdrawal may only be taken for the following purposes: Purchase of a primary residence. Prevention ...
0
votes
2answers
101 views

Confusion about Federal Tax Return

I have been using HR Block, and the software calculated my tax return, which is kind of surprising to me. I used a free tax estimator and the results are similar: Taxable income $80,600 Effective ...
0
votes
0answers
39 views

How much are odd lot fees for NYSE stocks

I can't find a listing for odd lot fees ( less than 100 shares of common stock). They used to be 1/4 or 1/2 point depending on the stock price . On my Vanguard transactions I do not see any separated ...
0
votes
2answers
170 views

What is the meaning of k in stock markets?

Now I'm studying the article "Optimal High-Frequency Market Making". On page 3 there is a k in the formula of lambda for finding the number of the bid and ask executions by modeling them as a Poisson ...
0
votes
2answers
221 views

Paid for motorcycle via credit card, NO dealer documents signed yet and bike has NOT been delivered yet, can i back out?

I want to back out of a purchase of a small motorcycle, but I'm not sure how to proceed. We processed my credit card info to cover the purchase price and taxes on the vehicle 39 hours ago, and now I'...
3
votes
2answers
60 views

Does employer matching in a 403(b) account count toward the individual IRS limit?

I would like to contribute as much money to my 403(b) as possible this year, and I certainly want to take advantage of any employer matching. It is my understanding that employer contributions do not ...
1
vote
0answers
47 views

Can You Switch Between Actual Expenses and Per Diem Expensing For Meals / Entertainment?

I currently report the actual costs for my meals and entertainment expenses on business trips. I am thinking about switching over to the Per Diem method. Are there any regulations against using both ...
0
votes
1answer
37 views

Do non-resident developers earning through In App Purchases and having their total tax liablity withheld,required to file the form “1040-NR”?

In this link https://www.irs.gov/individuals/international-taxpayers/taxation-of-nonresident-aliens I find it is written only those whose income tax is not satisfied by withholding are required to ...
0
votes
1answer
96 views

I do not understand how investing works in conjunction with an IRA

I understand why/how I should put money into an IRA (basically a CD right?); however, what I don't understand is how investing that money works. So let's say for instance I open up an IRA with ...
0
votes
1answer
50 views

Double entry process to record 401k change in value

My Roth 401(k) statement shows the following fields: Payroll Contributions (including employer match) Change in Value Dividends Expenses In double-entry accounting, is the "Change in Value" income ...
2
votes
3answers
455 views

50k into 24 month 1.15% p.a. term deposit, did I make a mistake?

Context: I'm 23 y/o, live with family for obvious financial reasons. While I do pay for all the pet care/internet and some communal food/fuel I obviously am still mooching a lot from my parents. The ...
0
votes
1answer
20 views

How to file 8843 form not filed before

I was wondering how an F2 visa with no income who has not filed the 8843 in the last 3 years can file this. I have not been able to find the correct procedure to file these forms. I am trying to file ...
1
vote
1answer
47 views

What are the penalties for closing a 529 plan account?

At the end of 2019 I opened and funded a 529 plan account. Now in 2020, not having yet filed my federal or state tax return for 2019, I find that this was a poor decision. The account has earned a ...
0
votes
1answer
33 views

Is a credit larger than the spread width bad in a credit spread?

I’ve been pondering this question since looking a put options for MCD today where I found two options for a credit spread that resulted in a credit $0.01 higher than the width of the spread. I was ...
0
votes
1answer
52 views

Currency risk with a good index, or bad index with no currency risk

I understand that usually is not a good idea to allocate the majority of your assets in international investments due to currency risk. Still, when I look at the Euro Stoxx 50 it seems that it's far ...
1
vote
1answer
46 views

Under standing bought deals

I'm having trouble grasping the concept of bought-deals. Could someone give me a quick explanation and help analyze the following situation? "Goodfood Market Corp. ("Goodfood" or the "Company") (TSX:...
0
votes
1answer
53 views

At which point Interactive Brokers monthly fees are applied?

From the page I've learned that Standard Activity Fee is $10. But I can't find information at which point you will be charged. I'm interested because lets say I want to transfer some amount of money ...
3
votes
0answers
51 views

What is the process for filing individual income tax for income obtained without a W-2 or 1099?

Scenario We have a legal adult called Brittany who has obtained income of $4096.00 from a babysitting job last year. The mother of the children she has been watching has not withheld income taxes, ...
0
votes
1answer
131 views

Can seller backout of their counter offer after buyer accepts

Situation my son is in. He made an offer, then the seller countered. He countered again, they countered back. He accepted their counter. Now they don't want to do it, and may have sold the house to ...
-1
votes
2answers
217 views

What percentile of investors in the stock market do I find myself in?

What percentile of investors in the stock market do I find myself in? Via luck and/or skill over the past 16-years I beat the S&P 500 12/16 years. If I invested in the S&P 500 over the last ...
2
votes
1answer
144 views

Expensive tires or cheap tires to trade in

I am planning on buying a new car by the end of next summer (it is February now) but the tread on my current tires is shot and we get a lot of snow where I live. So for safety reasons, I definitely ...
-3
votes
2answers
168 views

How to obtain info about really old bank account

I recently bought a very old book in an antique book store. The book was printed before 1850 (I don’t want to reveal the exact year). I found on the internet that the same book sold for 10 times ...
1
vote
1answer
178 views

I took over the payments on my sister's car. But it is left in her name

About 11 months ago. I took over the payments on my sister's car because she wanted to get a new one and they wouldn't let her have two car loans. So instead of trading this in she let me take over ...
3
votes
2answers
181 views

Feasibility of buying first house at 23 when I may leave the country in a few years to work/travel (UK)

I am 22 years old and in my final year of study towards an Engineering degree, with a graduate job secured for next year with a starting salary of £25,000. I currently have ~£47,000 in savings, ...
1
vote
2answers
100 views

Innovative finance ISA

I have an emergency fund I am happy with and a Stocks and Shares Lifetime ISA where I am saving up for a house. As I am going to be going into my last year of university I was researching higher ...
1
vote
3answers
336 views

What to do with spare cash, in the short term?

I live & work in the UK. Having pretty much exhausted all of the avenues I can find for saving (none of which have great returns anyway at the moment, obviously), I have recently started looking ...
2
votes
0answers
75 views

Is it sensible to assume that the investment theory developed arround the US market can be applied to the Eurozone?

Are investment strategies and policies that you find in popular investment books, such as "The Intelligent Investor", extrapolable from the US Market to the Eurozone? If the answer to the above is no,...
0
votes
0answers
8 views

Tax Implications of RSU in a Foreign Country

If a company were to grant me RSU's in an entity not based in the US, are their differences in how this would affect my taxes compared to if those RSU's were for a US-based company? Do I owe taxes to ...
1
vote
2answers
84 views

Are financial aid checks taxable and as a student how do I pay taxes on these checks?

I'm going to trade school and excelling grade-wise. Every so often I've been getting financial-aid checks from the community college. This is what was left after the most basic things were paid by ...
-2
votes
1answer
88 views

Is there a general rule on how to most efficiently purchase rental properties? [closed]

The way I see it, there are two general options to acquiring a slew of rental properties. Save up for 20% down, and then buy as a pure rental property. Put <20% down, live in it for a year (while ...
-1
votes
1answer
63 views

Need to file Income Tax Return

If my total tax is remitted as withholding tax should I still file income tax return?
0
votes
5answers
337 views

Is there a way to invest money like in lottery, but with a better, maybe even non-negative expected value?

Lotteries and casino games have a very bad expected value, they are always negative (otherwise nobody would offer them). Payouts, on the other hand, can be huge. Is there a investment in the ...
0
votes
1answer
67 views

Lottery Taxes and Relocation

If you reside in North Carolina, buy a winning lottery ticket in South Carolina in February, and you relocate to Tennessee in that same month of February, how much tax liability on the lottery ...
0
votes
0answers
31 views

Meaning of engaging in US business

Firstly I am completely new to this and not currently engaged in any business. If I sell In App Purchases through Google Play mean engaging in business in US and having to file 1040-NR even after ...
0
votes
0answers
26 views

Overview of tax for Non Residential Alien

I am completely new to this firstly. Can anyone please give an overview of the forms needed to be filed by a person who is getting income through IN APP PURCHASES on android play store.I am not ...
0
votes
0answers
29 views

Euro denominated Eurozone biased alternative to Vanguard's LifeStrategy

The Lifestrategy range of blended funds are biased to the UK. What equivalents exist if one wants a Euro-denominated, Eurozone-biased blend of funds?
2
votes
0answers
30 views

Scrolling in Gnucash [closed]

Scrolling in a Gnucash register seems extremely touchy - the slightest touch on my touchpad (I have a MacBook Pro) scrolls a whole screen of transactions. Is there any way to adjust the sensitivity? ...
15
votes
3answers
5k views

How to quickly and inexpensively deposit cash?

I placed in a poker tournament at a casino the other day. I went to my bank, Charles Schwab, to deposit the cash. They said "We don't accept cash deposits." I found this very odd given they're a bank, ...
0
votes
1answer
134 views

Recently married someone with assets overseas - US tax implications?

This year, I am filing taxes jointly with my wife for the first time. In past years, she was working overseas and did not need to file taxes in the US. She started working in the US in 2019. She is ...
1
vote
2answers
194 views

Why would a seller at an auction set their reserve price hidden?

I've encountered auctions online where the seller has set their reserve price hidden. What are the benefits to the seller that would cause them to do so? As a buyer, if I see an item I like, I may ...
0
votes
0answers
30 views

Cyprus Contract work

If a person has a work contract in Cyprus and wants the funds in a USA bank what are the regulations - $1899,000 with getting this large amount transferred?

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