Silver Dragon
  • Member for 10 years, 8 months
  • Last seen more than a month ago
  • San Francisco, United States
Why does my bank suddenly need to know where my money comes from?
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27 votes

Banks have a financial, and regulational duty called "Know your customer", established to avoid a number of historical problems occurring again, such as money laundering, terrorism financing,...

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Where should I park my money if I'm pessimistic about the economy and I think there will be high inflation?
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9 votes

For diversification against local currency's inflation, you have fundamentally 3 options: Buy goods, that will be of demand during inflation Forex: change your $AU into eg. UK pound, or US$ before ...

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1000 pound to invest
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5 votes

Depending what your timeframe preferences are, here are a couple of options: Stock indexes: as per Fool's investing guide, historically this had the highest return / risk ratio. On a 5-year horizont, ...

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Is it better to ask for a raise before a spin-off / merger or after?
4 votes

Corporate restructuring makes everything a flux, so you might as well revisit some core fundamental questions. Here's how to do this professionally: Start floating your CV now. Line up interviews in ...

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For the first time in my life, I'm going to be making real money...what should I do with it?
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4 votes

Fool's 13 steps to invest is a good starting point. Specifically, IFF all your credit cards are paid, and you made sure you've got no outstanding liabilities (that also accrues interest), stock ...

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Is the I.T. function in banking considered to be on the expense side, as opposed to revenue side?
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3 votes

This depends entirely on the kind of "IT" you're doing. A couple of examples to illuminate how wide the term is: Computer support: expense Online banking: basic functionality is expense, but ability ...

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What pension options are there for a 22 year old graduate in the UK?
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3 votes

Major things to consider: What is the interest of your student debt? How does that compare to other investing vehicles? If the AER of your student loan is >= 5%, clearing that could be the most ...

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what is the best way to do a freelancing job over the summer for a student
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3 votes

If this will be your sole income for the year, going self-employed is the best way to do this: The US company can write your pay-check off as a standard expense Personal allowance from HMRC allows ...

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Need help understanding asset allocation vs stock picking
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2 votes

Assets are many, eg. currencies, buildings, real estate, vehicles, inventories, equipment, precious metals, etc. Stocks are a special kind of assets, where you hold a bit of the underlying company (...

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Do I need ID theft Insurance?
2 votes

Here's a quick&dirty way to go about insurance: Take the probability of event occurring over given timeframe (say, 10 years). With Identity theft, this includes: You compromise your password by ...

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Where to start with personal finance?
1 votes

First of all, make sure you have all your credit cards paid in full -the compounding interests on those can zero out returns on any of your private investments. Fundamentally, there are 2 major parts ...

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How can an Indian citizen get exposure to global markets?
0 votes

Other than the possibility of minimal entry price being prohibitively high, there's no reason why you couldn't participate in any global trading whatsoever. Most ETFs, and indeed, stockbrokers allows ...

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Standard Deviation with Asset Prices?
0 votes

Almost every online datasources provide historical prices on given company / index's performance; from this, you can easily calculate "standard deviation" by yourself. With that said, standard ...

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