Ironluca
  • Member for 7 years, 5 months
  • Last seen more than a week ago
Why isn't everybody rich?
8 votes

Passive investment can get you into a good footing but cannot make anyone really rich. In stock market, long term investments in funds would beat the inflation and give some real growth that can be ...

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How can we determine how much income our savings could generate if we purchase an annuity?
5 votes

Annuity calculation formulas can be found here. http://en.wikipedia.org/wiki/Annuity_(finance_theory). In addition, as suggested in the comments, there are many sites that have calculators. Having ...

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Should I Use an Investment Professional?
4 votes

I am sure there would be many views on the above topic, my take is that DIY takes the following: Interest factor in financial instruments Knowledge about financial instruments Ability to conduct ...

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Why do credit card transactions take up to 3 days to appear, yet debit transactions are instant?
4 votes

Take a look at http://en.wikipedia.org/wiki/Payment_gateway There is essentially a lead time between when the transaction is made and when it is settled, 2-3 business days is the lead time for ...

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Can previously low wages hurt my chances of an approved home loan?
Accepted answer
3 votes

Depending on the lender's criteria to evaluate prospective borrowers, one parameter in general is job stability, which in your case is 9 months, a slightly low figure. However, most probably it has ...

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Should I max or min my affordability on a new home?
3 votes

It actually depends on other factors. For example, below should be considered: Your age, will the 25 year mortgage last into your retirement. If it does, then certainly it is not desirable Your ...

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What should I invest with a spare $5000
Accepted answer
3 votes

At 23 you are thinking of investments and are also fairly clear on what you want, which is indeed commendable. As you have correctly decided (with your boundary conditions) bonds, bank fixed deposits ...

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Buying a house, how much should my down payment be?
3 votes

As observed, there is no answer that will fit all, but below are some considerations: Your monthly requirement is 5000, so you have 3000 left to pay the monthly instalments (EMI). However, if you do ...

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Is there a way to get loan for Retired people in India to buy a house?
3 votes

Getting a loan only in the name of the retired person is not quite impossible but is very difficult and most banks will reject your application on one pretext or another. That said, if the property is ...

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Is simple interest related to the actuarial method?
2 votes

The actuarial method, in relation to a loan (as you mentioned) and its repayment is generally associated with repayment of loan at reducing balance (the method though can be used for many other ...

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If I wasn't invited to the shareholder' meeting but now I do own stock in the company, can I still attend?
2 votes

This would depend on the company law of the jurisdiction. However, in most cases to be a valid shareholder your name needs to be registered in the company's shareholder books. In your case, since you ...

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What does a fiscal year end date on a mutual fund mean to an investor?
Accepted answer
2 votes

There are predominately dividend giving mutual funds (if the fund can declare dividend) and growth mutual funds (that do not give dividends). For dividend giving mutual funds usually the dividends are ...

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Fund equalisation / dividend
2 votes

Do all/most unit trusts have equalisation policy? It is really that some value of the fund is given to the investor, so the fund value goes down by that much per unit. It depends on the type of ...

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How do I verify tax paid or not for me in startup IT company?
2 votes

I am working on startup IT company in India. The company takes tax every year (1500 Rs) and gives sudexo cards for 1000 rs every month to me. My question is how to find out if they really paid tax for ...

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What is the average long-term annualized return on investments?
2 votes

One way would be to take 1st March 2017 S&P 500 index value at close and take 1st March 2007 S&P 500 index value at close and calculate CAGR. Once such calculator is here. However, this will ...

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How to calculate taxes for an online business?
2 votes

Usually, your situation is a generalized form of import/export, with you as the net exporter of goods/services and the individual consuming your goods/service as net importer. Import export laws vary ...

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Short Term Strategy For Maximising Savings AsAlternative To ISA
2 votes

This answer is probably too late by now, however since you do not wish to put your savings in higher risk investments, one avenue to look at would be debt instruments. Here also probably you should ...

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How to prevent myself from buying things I don't want
2 votes

There are a lot of good answers above, all of them will probably work for you in some way or another. One point to note (from the procrastination theme) is that you could invest your free money that ...

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Borrowing money for study abroad...student loans don't apply
2 votes

If your parents can spare it, take the money from your parents and return it to them with interest. It is always better to pay interest to family than to a bank.

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How do shares work when a startup is acquired?
1 votes

Lets assume the authorized capital of the company is $100M. It can issue 10M shares of $10 each out of which it has issued 5M shares of $10 each. So its issued capital is 5M*$10=$50M. The company can ...

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Finishing university and not sure if I want to work in my field or to continue my dad's business
Accepted answer
1 votes

As others mentioned in comments, this is a broad subject and may attract opinionated answers; however, I shall share my views. First, you need to do a growth potential analysis of your father's ...

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Cheque & bank account: why have cheques
1 votes

This answer is not specific to Australia. I am from a country where checks are used heavily, especially in business and other transactions. In the context of checks, 2 variants are more popular than ...

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Retirement Savings Advice
1 votes

The answers provided by D Stanley and Bob Baerker are correct from traditional retirement perspective (D Stanly has though hinted at alternate views), I shall try and provide an alternate view. The ...

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What if company total share value are more and assets are less
1 votes

It is perfectly normal, it could happen, refer below: FY End = 2017-03-31 Industry Segment = Plastics Share Capital (Cr.) = 22.9 Book Value (Cr.) ...

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Missing Quarter in Form No 16
1 votes

Use IT department generated 26AS and form 16. That will have the details of all TDS and net income and taxable for the year.

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Why do so many tools and sites not show total returns of mutual funds?
1 votes

Actually, the dividend payout (if it is a dividend generating fund) is adjusted towards the NAV. So NAV is the thing to consider. It works very similar to stocks; for example if a stock declares ...

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Bollinger Bands and TRENDING market
1 votes

If upper and bollinger bands either converge (both bands are getting more and more close together) or diverge (both bands are getting more and more away from each other), does that mean the market is ...

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What is an accounting term that factors growth as a function of time and discount rate?
1 votes

Since you are trying to compare corporate bonds that have a defined coupon over the specified time of the bond. Why not use a simple Net Present Value (NPV) calculation. Refer: Net Present Value (NPV) ...

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What is the benefit of investing in retirement plan versus investing directly in stocks yourself?
1 votes

@Victor above has provided a very good answer, I shall try and highlight some differences. The differences are specific to a country, however, it does offer some insight regarding the difference ...

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Diversification for large bond investments
1 votes

Bond MF/ETF comes in many flavour, one way to look at them is corporate, govt. (gilt/sovreign), money market (short term, overnight lending etc.), govt. backed bonds. The ETF/MFs that invest money in ...

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