Nicole
  • Member for 11 years, 5 months
  • Last seen more than 1 year ago
How does retroactive COBRA coverage work?
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20 votes

First, you are correct about having the 60 days to enroll. Specifically, 60 days from the later of the date you are notified or the date you are to lose coverage: If you become entitled to elect ...

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Does it make sense to "save" for college by paying off my mortgage?
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14 votes

This is a great question! Just a couple of days ago I put together a spreadsheet to analyze two mortgage scenarios in response to this question about 15 year mortgages. I ended up not answering that ...

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Is There A Flaw In This Paycheck Calculation?
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14 votes

The math in your question (and their "formula", to be honest) is complicating something rather simple: Are you paid $300 for two weeks' work or $300 for 1/2 months' work? You don't need to know how ...

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Who sets the price and provides the quoted price values for stocks?
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13 votes

The "price" is the price of the last transaction that actually took place. According to Motley Fool wiki: A stock price is determined by what was last paid for it. During market hours (usually ...

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Who owns NASDAQ? Does it collect fees from stock transactions?
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12 votes

NASDAQ OMX Group owns NASDAQ, a stock exchange. It is a corporation, and is listed on the NASDAQ as NDAQ. It makes money by: They charge each company to list their stock in their market. ...

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Using a Health Savings Account (HSA) as an investment vehicle: What are the drawbacks?
9 votes

First of all, one thing that is very important: Match is always better than no match. So, you should definitely use that match on your HSA if you've already maxed out the company match on your 401(k)...

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How are startup shares worth more than the total investment funding?
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8 votes

What littleadv said is correct. His worth is based on the presumed worth of the total company value (which is much greater than all investment dollars combined because of valuation growth)*. In other ...

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What would I miss out on by self insuring my car?
7 votes

As you suspected, there is more than just car replacement taken care of by insurance (some of them are pointed out in Chad's story: Rental car — usually an insurance claim will be accompanied ...

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What should I do with my $10K windfall, given these options?
6 votes

I've been listening to Dave Ramsey a lot lately, and he encourages (encourage might be too light of a word for him) this priority list for budgeting: Make sure you can make minimum payments on all ...

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What happens to your ability to borrow money based on our joint finances?
5 votes

Several factors are considered in loans as significant as a home mortgage. I believe the most major factors are 1) Credit report, 2) Income, and 3) Employment status If you borrow jointly, all joint ...

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Is it possible to quantify the probability of sudden big movements for a high-volume stock?
4 votes

This is a classic correlation does not imply causation situation. There are (at least) three issues at play in this question: The resolution of price changes (A 14 cent stock only has 13 marks ...

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Can I convert my traditional IRA to a Roth IRA in 2011?
4 votes

The 2010 opportunity was a chance to defer the taxable income amount reported, which happens when you do a conversion, to half in 2011 and half in 2012, instead of reporting it all in the year the ...

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How does anyone make significant money on very low volume stocks?
4 votes

Because swing trading isn't the only reason to buy a stock, and it's not the only way to make money on a stock. I do not have the expertise to make advice one way or the other, but I personally I ...

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Does the interest rate on a given US Treasury Bond change over time as the market rate changes?
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4 votes

According to Wikipedia, Treasury bills mature in 1 year or less to a fixed face value: Treasury bills (or T-Bills) mature in one year or less. Regular weekly T-Bills are commonly issued with ...

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What factors are to be considered when deciding to go with a 15 year fixed vs a 30 years fixed?
4 votes

The best way to look at it is this: If you owned the house outright, would you borrow against it to invest? (Do you want to leverage your assets?) I would suspect most people would say no. Most ...

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Paying Off Principal of Home vs. Investing In Mutual Fund
3 votes

Other answers are already very good, but I'd like to add one step before taking the advice of the other answers... If you still can, switch to a 15 year mortgage, and figure out what percentage of ...

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I turn 18 in a month, what should I invest in?
2 votes

I take it you have nearly zero expenses, since you don't mention any savings and with your income you wouldn't have much left over for investing. At your level of income, any actual investing is ...

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Pay down on second mortage when underwater?
0 votes

Well, I suppose it depends on your idea of a "lost cause". Are you planning to lose the house to foreclosure? If so, then yes, it's a lost cause. Don't waste your money paying down the principal. ...

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