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My ignorance keeps me awake at night (specifics below)
8 votes

I'm 70 years old, but I'm still working, because it's still fun. My salary is around $300K per year. I have around $5M in assets, including the house we live in, stocks (fairly well diversified), IRAs,...

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If you have insurance of some kind, and you are in an accident, does that mean that they increase your monthly fee?
1 votes

That heavily depends on the type of insurance and probably on the jurisdiction. As you don't specify a location, I'll take Germany as an example. Car liability insurances as well as "full car ...

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Is there a way to tell what price a stock will be before the market opens?
2 votes

If the stock is traded internationally, you might have a look on exchanges which might be open.

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Theoretically, does it stifle competition to allow companies to offer shares without a dividend?
2 votes

Companies say they don't offer dividends or suspend the offer of dividends as a means to reinvest capital back into growing the company. This comes with the promise of a larger dividend in future (or ...

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Liquidate assets to buy house or mortgage?
6 votes

One aspect to keep in mind might be the leverage resp. the opportunity cost of selling your funds now. If you think that you can make a higher profit (percentwise) than the interest rate of your ...

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Strategy to pay off car loan before selling the car
1 votes

If you actually have the money, as you indicate, you are essentially paying the 2.7% on $10k (=$270 per year) for nothing. That doesn't sound like a good deal, so just pay it off. After selling it, ...

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Following a mutual fund's investment pattern in direct stock market
0 votes

Besides the points which were already mentioned in comments, I'd like to add: You might have transaction fees on the single shares you buy and sell. Even if you don't, it costs a lot of time.

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How do I report a gain in bitcoin that I received as reimbursement for buying a waffle iron?
24 votes

Lay opinion: 2016: You did your friend a favour by buying him a waffle maker. Instead of paying you what you paid, he paid you the respective amount in BTC. Or just: you loaned him $35. In other ...

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If I have 10 BTC in total and zero fiat, how can I calculate how long can I "burn" my BTC for my survival?
3 votes

But what then if the Bitcoin price doesn't go up, or even goes down? Or happens to be low each time I sell them on my schedule? but I've determined that all "lending" options are either ...

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What are "G-secs"?
5 votes

It says so in the article: Reserve Bank of India (RBI) has announced that it will purchase four government securities (G-Secs) that amount to ₹20,000 crores. So G-Secs is just an abbreviation for ...

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Why would trading in an ETF’s underlying stocks be required if investors were to sell enough shares?
1 votes

Your quote is incomplete. It says FactSet measures how much trading in an ETF’s underlying stocks would be required if investors were to sell enough shares to prompt the redemption of 5 per cent of ...

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What is a fair way to split the profits for a co-owned property?
0 votes

The fairest thing would be to form a kind of community (call it as you like), and be it only in the form of a shared account treat the downpayments of each couple as a contribution to that community ...

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Can the bank legally deduct an amount from the coins I gave them?
8 votes

That completely depends on the circumstances. If their T&Cs say that they charge a fee for counting coins, e. g. when they are over a certain amount or number, then sure, this is lawful. If the ...

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How do I know whether zero-percent finance or bank loan is cheapest option?
14 votes

Yes, the amount you have found seems to be right. If you add up these payments, you'll find out that you pay about $260 in interest, so in total your car will cost about $5660 instead of $6000 with ...

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How do you calculate the break even price point for a crypto trade with fees?
Accepted answer
0 votes

Amount: ₿0.0199 BTC Price #2: €50,503.77516 (brute forced) Sell BTC: 0.0199 * 50,503.77516 = €1,005.025126 Fee: 1,005.025126 * 0.5% = €5.025125628 Total: 1,005.025126 - 5.025125628 ≈ €1,000 (break ...

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What is the benefit of buying a share
2 votes

The idea is! I just don't understand how stock prices go up and down. I understand that during IPO, company would get all the money that got collected selling the IPO stocks and then that is it! Once ...

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Expense of precious metal ETFs and tax implications
1 votes

YMMV, but none of my stock ETFs have ever collected any fees from my account. Instead, they collect their fees from the cash part of the ETF, if it has any. Otherwise, it would sell some of their ...

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Economic growth over a period of time
2 votes

Earlier people used to earn X amount as salary and from that they could buy Y no.of items. Over a period of time salary increases to 3X but they could still buy only Y no.of items.Does this indicate ...

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Why do credit unions in Germany charge a monthly fee (Kreditvereine Kostenloses Girokonto)?
1 votes

I cannot tell for sure, but the idea of a non-fee account is quite new in Germany. When I was young, before the Online Era, there used to be a Sparkasse in every village and a Volksbank or ...

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Are distributing ETFs always better than accumulating ones?
Accepted answer
5 votes

In the country I live in (Germany), the tax law is set up in such a way that in both distributing and accumulating ETFs you pay exactly the same capital gains tax on the gains made via the dividends. ...

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What is a company allowed to do with investors funds?
1 votes

Your logic doesn't match exactly, because the stock price going up isn't going to happen (because, why should it?) But let's simplify it a bit: Imagine there are two companies. For the sake of ...

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Suggestion for my ETF portfolio to invest in Germany?
1 votes

I do not comment about the choice of these ETFs, I think they are as good or as bad as others. Instead, I just give some ideas to consider. Be aware that the distributing ETFs distribute dividends ...

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Is there any risk in sending copies of my ID and utility bills to a company that cold-called me?
3 votes

I don't know about the U.S., but in Germany, if you want to change your utility provider, they only need your meter ID number to process this. There have been cases where a change to another provider ...

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Investing in Germany
1 votes

Your tax class hasn't anything to do with your investments. It only serves as a vehicle for your employer to calculate the taxes to withhold. In class 1, you are taxed as a single with a certain tax ...

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Payment made to invalid IBAN missing last 2 digits, Payment is still in reservation. Where is has the money gone? Payment was from Belgium to UK
1 votes

Every destination country has its fixed IBAN length. If the IBAN has the wrong length, the payment won't go through and will eventually be reversed. Even if the IBAN length won't be checked, it will ...

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Selling large number of stocks at once
0 votes

The "current share price" is just the price of the last trade. If I sell 10,000 shares as a market order, I sell for the highest bid prices available in the order book. If I place a limit ...

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Can you really always yield profit if you diversify and wait long enough?
1 votes

In the long run, chances are indeed high to gain. Even if you invest at the wrong time, time will eat that misfortune away. https://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/ ...

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Why do SEPA transfers involve no or minimal fees, while SWIFT transfers may cost anywhere between $15 and $45?
3 votes

SEPA transfers are regulated by the EU in order to ease capital flow between member states. I am not even sure that this statement is valid for Switzerland, Norway and other non-EU SEPA members. SWIFT ...

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How to reinvest my gains in the equity?
1 votes

You are right that gains should be reinvested to make them part of the part of your equity which produces other gains. But: if just the price of your shares has increased, it still is invested. It is ...

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How is second income (full-time + freelance) taxed in Germany?
6 votes

It is a complicated subject. Thus, I can only give vague hints. Roughly, you are correct. But you can deduct expenses which you have for this 2nd job from the taxes, so maybe you don't have to pay ...

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