All Questions
38,366
questions
14
votes
2
answers
9k
views
I found out I was the primary on a car loan and not the co-signer
I found out 6 years after I thought I co-signed for a car that I was actually the primary. The notes were paid at first, my daughter ended up doing a voluntary repo. What can I do?
- 165
-2
votes
2
answers
134
views
Why is the "cash flow statement" a thing? (It seems it can be deduced from the balance sheet and income statement anyway?)
The question is basically in the title.
From what I see, once I have the balance sheet and income statement, I already have everything I need about my business. From what I've seen, when creating the ...
-1
votes
1
answer
119
views
Is Tiller a trustworthy for tracking personal finance & budgeting?
I want to track my personal transactions with spreadsheets and do budgeting there. I came across https://www.tillerhq.com, which seems to solve that perfectly. I want to be smart about who I expose my ...
- 99
0
votes
0
answers
170
views
Can a 13 year old in the uk hire an employee?
I have a 13 year old child who would like to start a company as a sole trader, can he employ someone as his business idea involves having an employee.
- 1
1
vote
1
answer
185
views
How can I log onto the IRS website without using ID.me?
Several years ago when I went to log into my online IRS account they had added ID.me to their site and I have been trying ever since to get verified. I have many of the secondary documents proving my ...
- 21
-2
votes
1
answer
163
views
Should I pay the current balance or the remaining statement balance to avoid paying interest on my US credit card? [duplicate]
I have a credit card. I used it to make a few payments. In my account, I see:
If I want to avoid paying any interest or late fees, do I have to pay the current balance or the remaining statement ...
- 11.2k
-1
votes
1
answer
40
views
How to Report Income State Tax on Dividend Income from Mutual Funds While Traveling for an Extended Period
I left Kansas in July 2022 and have not returned since. My income for the year 2022 is solely interest and dividend income from mutual funds, including emerging market and corporate funds. The sources ...
- 111
1
vote
1
answer
90
views
How often do ETF's change holdings?
I realize all ETF's are probably on different schedules depending on who's managing them. My question is: is there a way to learn the schedule for when they modify their holdings?
Let's take Invesco's ...
- 943
1
vote
1
answer
87
views
How to calculate how much more paying off a loan with extra principal payments saves vs extra payments?
So I recently wrote my loan provider on whether the extra online payments I was making were applied directly to principal and it turns out they were not, they were just treating it like extra pre-...
- 121
-1
votes
0
answers
129
views
How to avoid interest with T+1 in the scenerio given below?
In my brokerage accounts I keep fund in ETF like VMFXX ( the brokerage does not have it as default sweep option). Currently VMFXX has T+1 settlement.
Currently suppose I have a GTC order to buy some ...
- 960
1
vote
1
answer
124
views
When does the IRS typically announce health FSA contribution annual limits?
Based on this and this, as of November 6, 2023, the IRS still has not announced the health FSA contribution limits for the year 2024, even though most private employers have already begun their open ...
- 205
2
votes
2
answers
122
views
Can only the individual version of this health plan be a High-Deductible Health Plan?
I'm looking at a health insurance plan that has a deductible of $3000, for each person enrolled. If you enroll one person, it pays out when that person has $3000 or more of medical expenses. If you ...
- 159
1
vote
2
answers
71
views
Exceeding UK annual pension allowance
Due to changing circumstances, I think I might exceed my UK pension allowance for the tax year 23/24. As I understand it, there is a tax charge for this at the marginal rate of Income tax. Is this tax ...
- 113
1
vote
1
answer
60
views
How to handle US financial accounts after leaving?
I moved out of USA in Oct 2023 after living there for 8 years as a temporary worker. I am not working in USA anymore (physically or remotely). I have the following accounts:
Robinhood brokerage: ...
- 151
1
vote
5
answers
416
views
If loans are sold at discount to other lenders, why isn't the same offer given to the debtor for payoff?
Let’s say I have a loan at 3% for 10years for $100,000. After one year rates in the Loan market rise and are at 6% for the same type of loan. Why wouldn’t the payoff amount of the loan be discounted ...
1
vote
3
answers
330
views
Is this eRupee email from my bank a scam?
I received an email like this, supposedly from my bank.
It is unclear to me if this email is just some kind of scam. On the one hand, GMail seems to have put a blue checkmark, indicating that the ...
12
votes
7
answers
9k
views
How can I receive money without giving away my identity?
I am in the UK. I have won an online gaming competition in an extremely toxic international community. The prize is about $500. I do not wish to give any identifying details to this community. The ...
- 607
1
vote
0
answers
89
views
Is there any way to pay Vanguard account fees without it counting as an IRA contribution?
I have a small Vanguard traditional IRA that I maintain but don't contribute to. Because I want to continue to get paper statements, there is an account fee that I haven't paid for two years. ...
- 303
2
votes
2
answers
478
views
What is the correct Formula for calculating fund growth with fees
I am considering two different options for a roth IRA. A managed fund that has a higher historical growth rate but 1% fee and a self directed vanguard account, which would have a lower growth rate but ...
- 123
1
vote
0
answers
57
views
Question about CC
I think I'm confused about parts of the CC process. If you're feeling charitable please help a brother out.
My understanding:
I buy 100 shares of ABC @ $25 (5 days duration)
Sell 1 CC contract of ABC ...
- 11
1
vote
2
answers
170
views
What are the risks of buying health insurance directly and not through the federal or state exchanges?
I'm self-employed and it's open enrollment time. My current health insurance was bought on the state exchange but the premium is going up 22% so that certainly encourages you to shop around. I've ...
- 15.7k
4
votes
2
answers
307
views
How do I get the most money for selling an engagement ring?
I bought the ring fifteen years ago for ~$3,600 and we broke up several months later. I never took the time to research how to sell a ring. I realize I will likely not get the full amount back. Also, ...
- 43
1
vote
2
answers
87
views
IRA withdraw penalties vs interest rates today
Here's a interesting point of view/question. With interest rates near 10% for loans these days - used car loans at 9.06% for someone with excellent credit - are we at a point where it makes more sense ...
- 111
0
votes
1
answer
105
views
Is it possible to deposit the check with the old business name into the new account?
Chase recently closed my business account without providing any reasons, possibly due to limited activity. They're sending a check with the remaining balance, issued in my old business name, "...
- 1
0
votes
1
answer
79
views
Can in-the-money covered calls be rolled indefinitely?
A bit of history:
I worked at a company that granted me a bunch of META shares. So my initial cost for these shares is $0. I have never actually traded options before in my life. I find myself in a ...
- 103
3
votes
1
answer
144
views
Can you buy an annuity before age 55 in the UK?
I wish to retire young. To estimate how much I would need, I have hunted around the internet for any way to estimate how much an annuity paying £30,000 a year would cost for a 40-year-old man with no ...
- 607
1
vote
1
answer
121
views
Use HSA for medical expenses or save it for investment?
If investment growth using an HSA account is not subjected to taxes, then isn't it better to invest using HSA than investing on stock platforms like Fidelity or Robinhood?
When I use the funds in the ...
- 169
1
vote
0
answers
72
views
How do you measure the Accuracy of Implied Volatility?
Recently I've gotten hold of a list or rather a chart of 30-day Implied volatility and historical volatility for the same stock over the course of a year. With these data, I've thought there might be ...
0
votes
0
answers
27
views
References/terms to search for regarding financial instrument universe selection
When attempting to profit off of the market in one way or another, an entity, be it a fund, individual investor, institution, etc., must first decide on what actual financial instruments are to be ...
- 101
-4
votes
1
answer
110
views
What's the best website to get the average base salaries for software developers? [closed]
I think Payscale seems to be the most accurate. For a senior developer in Canada, they claim that the median base salary is 100k in Montreal, which seems in line with what I see on online job boards ...
- 199
5
votes
2
answers
789
views
How to think about yield for a annuity of fixed number of years which pays a predefined cashflow each year
Let's say I have an offer to pay $1000 now and for the next 20 years, I will receive the following payments:
Year 1: $10
Year 2: $20
Year 3: $30
Year 4: $40
Year 5: $50
Year 6: $60
Year 7: $70
Year 8: ...
- 173
-1
votes
0
answers
45
views
How to autofill ending balance with cleared balance when reconciling?
I am a new user and when I reconcile my transactions I get the popup to enter the ending balance and the ending balance defaults to the accounts "Present Balance."
I want this balance to ...
- 99
1
vote
1
answer
71
views
The meaning of "rate filing"
What does "rate filing" mean in the following paragraph?
"The province is giving the AIRB new authority to tell insurers to return a portion of premiums to drivers if companies surpass ...
- 111
1
vote
0
answers
39
views
Looking to resolve missing cost basis after transfer of funds to another brokerage
Back in 2021, I transferred all of my assets to a different brokerage. After the transfer completed, two of four assets have had an incomplete cost basis due to missing information for a very small ...
- 11
1
vote
1
answer
81
views
What's the benefit of buying municipal bonds on the secondary market?
"Buy munis!", they say... "they're tax exempt!", they say... but are they? It looks like you're paying income tax on most of the Yield To Maturity (since interest rates have gone ...
- 50.6k
0
votes
2
answers
757
views
How Is Mark Zuckerberg Making Money?
According to this article [paywall], Mark Zuckerberg's Metaverse venture has seen $46 Billion in losses.
In spite of this, Zuckerberg himself has increased his net worth by $59 Billion.
But that's not ...
- 4,374
28
votes
10
answers
9k
views
Do you lose money if you don't use a plane ticket you won in a raffle?
My wife won 2 tickets from a major airline at the company she works for, after they did a employee only raffle that was free to enter. The problem: there is a caveat: the ticket must be booked for a ...
- 383
0
votes
1
answer
95
views
Is Implied- and Historical Volatility based on solely Business days?
I'm trying to compare historical and implied volatility for different stocks. Still, since I can't tell what these numbers are based on (for historical volatility) and referring to (for Implied), I'm ...
0
votes
0
answers
64
views
How can I transfer money from local US bank to international bank in Asia, if the local bank can only issue a cashier's check, not a wire transfer?
I am an American teacher in China. I received an inheritance of a substantial sum of money back in November: a few hundred thousand dollars. Because of the pandemic I could not get back to the USA ...
user125780
0
votes
1
answer
56
views
IBKR Trading Commissions for US stocks
I have a question regarding the commission for US stocks for IBKR pro (tiered and fixed).
My first question is, what is the difference between tiered and fixed and how do you choose between the two ...
- 123
0
votes
1
answer
95
views
California car title transfer
I loaned a car to someone in California and I now want to transfer title to them for free. They will not sign the title transfer papers or return the car. I am concerned about my insurance liability. ...
8
votes
3
answers
2k
views
Switching health insurance due to birth of baby
Expecting a baby in a few months and also working through Open Enrollment season.
If I chose a low deductible plan for the beginning of 2024, and then switch to a high deductible plan after baby is ...
- 232
1
vote
2
answers
547
views
Homeowner's insurance and alleged business misconduct
In the US homeowner's insurance usually also covers liability for unintentional acts, such as knocking over a vase in someone else's home. Suppose someone is accused of an act that would be a business ...
- 119
0
votes
1
answer
77
views
What all information should I take note of to file tax at end of year in Germany? (student visa)
From reading various articles, I find that one files the taxes at end of a calendar year. My question is, what all documents should I keep/ Information I should take note of by then, so I can have a ...
0
votes
2
answers
163
views
Can I deduct driving expenses when I am driving for a ride share service and hoping to get a passanger?
Imagine a person is driving for a ride share service such as Uber. He is at his favorite spot waiting for his next passenger. He then gets a passenger and drives the passenger where he/she wants to go....
- 1,540
0
votes
1
answer
151
views
Buying back foreclosed property at auction
This is a theoretical situation, one that keeps making the rounds on Facebook (and probably other social media sites) of a "feel good" type of story, but I'm wondering if it has any basis in ...
- 2,409
1
vote
1
answer
42
views
Dependent Care FSA prepayment in the same year?
My child's care is $1,900 a month. If I sign up for a Dependent Care FSA, I'm told that the funds are immediately available for use in the coverage year.
Can you pay on January 1 2024, the full $5,000 ...
- 319
0
votes
1
answer
39
views
Question about Google stock volume chart discrepancy
Let's take Disney stock for example:
Go to https://www.google.com/finance and search for Disney.
If I change the date range to 5 year, on October 20, 2023, the volume was 55 million.
But if I change ...
1
vote
0
answers
125
views
Can an individual insure oneself against the potential liability placed on software developers by the Cyber Resilience Act?
I asked a question on law about the responsibilities placed on open source software developers globally who want or have to stop work by the forthcoming EU Cyber Resilience Act. The answer has ...
- 422
4
votes
1
answer
275
views
How can I open a student bank account when I am getting rejected for not having enough credit history?
I am presently a university student in the United Kingdom. I attempted to establish a student bank account through HSBC, but my application was declined due to a poor credit score. After some online ...
- 41