LoztInSpace
  • Member for 3 years, 10 months
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What is the purpose of budgeting if all I need to do is look at my bank/credit card statement?
18 votes

Budgeting is the act of setting amounts, allocating money to various activities and keeping tabs on where your money is going, understanding if or where you can make compromises when you have to react ...

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How should people trust an online store?
5 votes

Almost always the online stores use a payment gateway such as PayPal, Stripe, or one of many others. These are widely trusted and due to the way they work the store never even gets your card details ...

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Pay off Loan With Savings or Keep Emergency Fund
5 votes

Can you refinance? As others have said, you're on a high interest rate. If you've still got a job and a sympathetic bank you should be able to work out a new loan at a better rate. If you can ...

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Help me understand how the stock price works
2 votes

You need to understand market depth. Take this stock: You will notice there are buyer & seller values. If you place a SELL order for 1000 "at market" you will automatically consume ...

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Why do most companies have debt and are there any companies without debt?
Accepted answer
2 votes

Debt is not always bad, no. Debt allows companies to expand or provide services in a way it could not usually even if they are healthy. Consider a mortgage. Most people are unable to come up with ...

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Paying off credit card from savings or keep and contine with current credit balance
2 votes

Absolutely pay them off. Your interest gained on savings will (I am sure) fall well short of the interest owed on the cards. Therefore you are going backwards. The "savings" in this instance are ...

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How to find a stock metric that reflects the actual prices at which the stock traded hands?
1 votes

As mentioned, VWAP is typically used for part of your question but does not answer the opening part "a stock metric that reflects the actual prices at which a stock trades hands" That ...

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How does stock exchange affect the company?
1 votes

The company doesn't benefit directly. In fact listing and having shareholders is a pain. It involves extra regulation and expense. Trading may drive a share price up on the basis that strong buy ...

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Can you make money in the stock market buying and selling the same stock?
1 votes

Yes of course. If you sell when you've made more than your brokerage (buy & sell) you win, and of course you can't (generally) sell that which you haven't bought first. Timing the market is ...

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How are buys executed?
1 votes

It can work that way, yes and that's basically what an "at market" order is. There are typically other options you can apply that will change the behaviour. These options will depend on the market, ...

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Accidentally bought stock without cash to cover
0 votes

In Australia at least you buy & sell all through the day and owe (or are owed) your end-of-day net after T+2 days. So "yes" if your broker has allowed you credit to buy without a ...

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Is it a good idea to copy a trader when investing?
0 votes

If your trader has the same goals, same risk profile, the time/inclination to research and decide what to do in a way that supports your mutual goals, backed up with some measurable and reliable level ...

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