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I had a 401k from a previous employer at Fidelity. For some reason they won't send funds directly to another institution so they sent the check to me but made payable to
ETrade
FBO (My Name)
Do I need to endorse that before forwarding it to ETrade? Guessing not since I am not the payee. However, I don't wan... |
Do I endorse a direct rollover check? |
I'm going to assume that the quotes that you provided were from real time and therefore not stale.
Yesterday:
- $115.72 = AAPL
- $20.00 = 1/20/17 $125 put
Today:
- $112.34 = AAPL
- $21.65 = 1/20/17 $125 put
The [delta of your put](http://www.option-price.com/index.php) yesterday was -.512 so if AA... |
I am really curious if it's still possible to start with a low amount of money as I've heard a lot of success stories but wasn't quite certain if it's true or fake. Is it possible to raise a business with just 100 dollars? For example let's say if you buy some old computer parts, assemble them and resell for more money... |
What can you do with 100 dollars in relation to investing and raising a business? |
So let's say I want to invest in S&P 500 for five years from now. Will it be a logical investment if I am earning in Euros?
Her's why I am in a dilemma. If I invest into S&P today, then I am buying USD at a much lower rate. EURUSD is poised to go bullish in the coming years. I am not sure how much would the annual r... |
Is it logical to invest in American stocks while earning in Euros? |
> let's say if you buy some old computer parts, assemble them and resell for more money?
What's the question?
> is it realistic?
Sure. People sell refurbished computers **all the time**.
> How long will it take?
That's completely unanswerable by anyone, since it depends on your motivation, work ethic, i... |
I am really curious if it's still possible to start with a low amount of money as I've heard a lot of success stories but wasn't quite certain if it's true or fake. Is it possible to raise a business with just 100 dollars? For example let's say if you buy some old computer parts, assemble them and resell for more money... |
Many stock tickers have different option expiry dates. Some have weekly options available, others don't. Some have extremely long dated options available, others don't. On a very basic level this is due to trader interest in the underlying equity, but what is the specific mechanism that determines what expiry dates are... |
Why are option expiry dates not standardized? |
> Many stock tickers have different option expiry dates. Some have weekly options available, others don't. Some have extremely long dated options available, others don't. On a very basic level this is due to trader interest in the underlying equity
You are correct. Which companies offers weekly options and/or LEAPs... |
Hypothetical Background: I have an Reg T margin account with Interactive brokers. I have a maintenance margin requirement of ~30% for that; I have calculated the drawdown necessary to get a margin call. Let's say hypothetically I own about ~100k SPY from my savings and ~20k SPY bought from margin debt, and I feel comfo... |
How do futures affect my maintenance margin requirements in my margin? |
I should be coming into a reasonably large sum of money from a trust fund in my and other family members' names being dissolved (or whatever the correct technical term is) such that if I was domiciled in the UK I would receive the money tax-free. However, being permanently resident in Japan, I will want to transfer the... |
How and where to report a scam done by bisazzamarket.com, a forex broker that claim s to have a USA MSB regulatory number? they used a MT4 platform to change my initial purchse price and closed my trading deal without my knowledge. it made me lost about $17,000 USD. |
where to report a scam done by a forex broker? |
> Suppose I want to buy a house from person X. Person X is willing to sell me his house for 200 k$. I don't have this money, so I need a mortgage. I go to my bank to obtain a mortgage.
> How does the escrow would work out in this practical example?
Let's try to imagine doing this without escrow.
Who should the... |
I've been saving up to buy a home, and I've primarily grown this money with stock investments. When I do decide to buy a home, I'm not too fond of the idea of putting all my savings into a mortgage down payment and using the rest to pay for capital gains tax. Instead I'd like to continue to grow my investments in the s... |
How much equity do I need for a pledged asset mortgage to prevent PMI? |
Background: I started playing with the stock market in April-May, drawn by the huge rebound. Since then, I have made what I think is a decent return, except...
I live in the EU, and most of the dollars I poured into NASDAQ & co came from exchanging euros at what turned out to be the worst rate in years. (Oddly enoug... |
If this "forex protection" strategy sane? |
NNDM is doing a direct offering of 30M at $6 per ADS:
"The closing of the registered direct offering is expected to take place on or about December 9, 2020, subject to the satisfaction of customary closing conditions."
https://www.globenewswire.com/news-release/2020/12/07/2140193/0/en/Nano-Dimension-Prices-180-Mi... |
What does "closing date" for an offering mean? |
NNDM is doing a direct offering of 30M at $6 per ADS:
"The closing of the registered direct offering is expected to take place on or about December 9, 2020, subject to the satisfaction of customary closing conditions."
https://www.globenewswire.com/news-release/2020/12/07/2140193/0/en/Nano-Dimension-Prices-180-Mi... |
Is this "forex protection" strategy sane? |
The closing date of the transaction is on or about December 9th, 2020. On or after that day, it will not be possible to purchase any more shares of this registered direct offering of American Depository Receipts of this NNDM stock.
> Does this mean the company is expected to be able to raise the target
> amount by ... |
I had a 401(k) from a previous employer at Fidelity. For some reason they won't send funds directly to another institution so they sent the check to me but made payable to
ETrade
FBO (My Name)
Do I need to endorse that before forwarding it to ETrade? Guessing not since I am not the payee. However, I don't w... |
The basic math in your question regarding how much in stock you would have to pledge is superficially correct. What is missing are the actual rules regarding these types of loans.
I went to https://www.schwab.com/pledged-asset-line to see the details One thing that became clear is that this is a line of credit tha... |
I recently shutdown my individual 401(K) plan at E*Trade. There was also a Roth 401(K) plan also. I plan to file form 5500EZ just once to cover both plans. Is that okay?
I am in the United States. |
I recently shutdown my individual 401(K) plan at E*Trade. There was also a Roth 401(K) plan also. I plan to file form 5500EZ just once to cover both plans. Is that okay?
I just spoke to E*Trade and they inform me that they are considered two separate plans. Therefore, I conclude I need to file form 5500EZ twice. Onc... |
I cannot understand the concept of escrow.
[Wikipedia][1] provides the following example:
> Escrow generally refers to money held by a third party on behalf of
> transacting parties. It is mostly used regarding the purchase of
> shares of a company. It is best known in the United States in the
> context of the... |
How to fill Part 2 - Claim of tax treaty benefits of W8-BEN for a resident Indian who is working as a software contractor for a US firm? |
My father says that if I need more money, I can withold less on my W2 (which won't result in the same oh here's $3,000 come tax return time), but will give us access to more money.
So how do I know how much I can withold without witholding too much? |
How do you know how much to withold on your W2? |
> My father says that if I need more money, I can withold less on my W2 (which won't result in the same oh here's $3,000 come tax return time), but will give us access to more money.
He's right.
> So how do I know how much I can withold without witholding too much?
Use the [IRS Withholding Calculator][1], and ... |
> My father says that if I need more money, I can withold less on my W2 (which won't result in the same oh here's $3,000 come tax return time), but will give us access to more money.
He's right.
> So how do I know how much I can withold without witholding too much?
Use the [IRS Withholding Calculator][1], and ... |
I am considering helping out someone i know with living expenses in the UK (so it would be gifting Money from Germany to UK). This Person is not a part of my Family. One thing i have to consider is, "Which Tax implications would this have". As far as i gathered in Germany the person who receives the Money has to pay th... |
So I have been talking to a gentleman who says he’s a sugar daddy and would love to spoil me for a personal connection through online because he is lonely. He has my banking information and is sending me a check for 10k and told me to keep 1k to myself and send the rest to his “son” through bitcoin because his son want... |
I recently heard about some broken trader bot in 2010 or something which suddenly started buying or selling stocks at ridiculous prices, to the point of emptying a massive bank account, fundamentally affecting the stock market.
How is this possible? The very first thing I would code in before going live would be som... |
How can a trader bot possibly not have a basic security mechanism? |
An answer can be found in my book, "A Modern Approach to Graham and Dodd Investing," p. 89, by yours truly.
http://www.amazon.com/Modern-Approach-Graham-Investing-Finance/dp/0471584150/ref=sr_1_1?s=books&ie=UTF8&qid=1321628992&sr=1-1
"If a company has no sustained cash flow over time, it has no value...If a compa... |
Last year, some [Robinhood users discovered a glitch](https://markets.businessinsider.com/news/stocks/robinhood-investing-infinite-money-leverage-glitch-shows-risk-investing-game-2019-11-1028685860) which enabled them to trade with infinite leverage. The cheat code enabled investors to sell covered call options, addi... |
Not that it directly bears on the question, but since it has come up a number of times in comments and answers, there is another aspect to the use of an escrow account to hold tax and insurance money during the life of the loan.
Before I address that though, it is not necessarily a true escrow service as the mortgag... |
I am considering helping out someone I know with living expenses in the UK (so it would be gifting money from Germany to UK). This person is not a part of my family. One thing I have to consider is, "what tax implications would this have".
As far as I gathered in Germany the person who receives the money has to pay... |
I found from a press release the following sentence:
"New deals and increased volume lead to estimated $1.3B Order Book by year end, up from $1B target"
What does this mean? Is it a firm order? My understanding is product order is not revenue yet. Is this right? |
What does "Order Book" mean here? |
I have been talking to a gentleman who says he’s a sugar daddy and would love to spoil me for a personal online connection because he is lonely.
He has my banking information and is sending me a check for 10K and told me to keep 1K to myself and send the rest to his “son” through bitcoin because his son wants to in... |
I am a resident alien for tax purposes. I have SSN.
My wife arrived in USA for the first time on 6/26/2019. She got ITIN.
For 2019, we filed joint tax return. As required, we attached a statement with our 1040 stating that *"Consider us both as resident alien for the entire tax year 2019"*.
**QUESTION**: si... |
Does federal residency affects State residency status? |
I am a resident alien for tax purposes. I have SSN.
My wife arrived in USA for the first time on 6/26/2019. She cannot have SSN. She got ITIN.
For 2019, we filed joint tax return. As required, we attached a statement with our 1040 stating that *"Consider us both as resident alien for the entire tax year 2019"*.... |
Does federal tax residency affects State residency status? |
I apologize if I'm ignorant, but I'm completely new to investing and know nothing. I'm about to graduate from college and take a software engineering job that pays very well which leaves me some slack for investing in my retirement.
That being said, I would like to leave the US within 4-8 years. It is my understandi... |
How do I invest in retirement if I'm planning to leave the US? |
In the book **SECURITY ANALYSIS (Principles and Technique) 6th Edition by Benjamin Graham and David Dodd**, there is a chapter (**Chapter 24**) about the **TECHNICAL ASPECTS OF CONVERTIBLE ISSUES**. Therein exists a part that I cannot fully understand:
> A Technical Feature of Some Convertible Issues. A technical fe... |
I'm completely new to investing and know very little about it. I'm about to graduate from college and take a software engineering job that pays very well, leaving me some slack for investing in my retirement.
That being said, I would like to leave the US within 4-8 years. It is my understanding that investing in a 4... |
I am relatively new to investing (using [Hargreaves Lansdown](https://www.hl.co.uk/)) and have built a portfolio of low cost index tracker funds. Given my age (27) I have opted for more risky assets (i.e. my portfolio is skewed towards emerging markets) with the idea that I can wait out any market turbulence.
I rece... |
Why are there no index tracker funds for frontier markets? |
I recently shutdown my individual 401(K) plan at E*Trade. There was also a Roth 401(K) plan also. I plan to file form 5500EZ twice, once for each plan. On line 8, I need to put in one or more characteristics codes.
I have selected the code 2J for both plans. It seems to me that there should be a code for a Roth 401(... |
I am completely ignorant on the subject and am trying to understand the fundamentals of finance in order to better understand some topics for example how the exchange market works.
**This is what I understood:** if a company is listed on the stock exchange, it issues shares, for example 100 shares at a value of 1 eu... |
How do companies benefit from increase of shares value in the stock market? |
I'm trying to understand taxes as they relate to investments. I've been reading online about capital gains/losses taxes and I'm a bit uncertain how taxes are determined exactly. Take the following example:
Say in the same tax year I bought and sold stock from three different companies, Company A, Company B, and Comp... |
Are capital gains and losses paid per stock or cumulatively for that tax period? |
I'm trying to understand taxes as they relate to investments in the United States of America. I've been reading online about capital gains/losses taxes and I'm a bit uncertain how taxes are determined exactly. Take the following example:
Say in the same tax year I bought and sold stock from three different companies... |
The answer can be found here in two different forms:<br>
[ ] https://www.bogleheads.org/forum/viewtopic.php?f=10&t=332099<br>
[ ] https://community.morningstar.com/s/question/0D53o00005K3UoYCAV/technical-feature-of-the-american-telephone-and-telegraph-att-convertible-issues
In short, there is an **implicit par val... |
Given a stock traded on a public exchange, how can one determine how much of the stock is owned by individual (a.k.a. retail) investors (vs. institutional investors)? |
Given a stock traded on a public exchange, how can one determine how much of the stock is owned by individual investors (vs. institutional investors)? |
What does it mean when someone says a trade requires 10%, 100% or 150% margin?
What kind of calculations are required when you talk about margin and collateral?
What is a margin call and when does it happen? |
In a trading account what is the difference between margin and collateral? |
I'm learning about buying crypto at "spot price" as buying in the price it is at "this moment right now on the spot". But isn't that the same as "market price"? If not, what's the difference?
The term spot price seems to be used while talking about buying with a loan (margin). Why is that?
https://support.kraken.com/... |
Is there a difference between "spot price" and "market price"? |
Suppose instead you reversed everything to the long side.
> Example:
- I make a long trade and the stock rises by 20%. During that period, the index rises by 10%.
- Have I made a +10% positive return on that trade relative to the index or a +30% positive return relative to the index and why?
Assuming an... |
What do you call it when someone gets X number of people who all want to invest in Y company; so u create a corp where equity is spread among them, and this corp invests in X company? |
What is the name for a company formed only to make an investment? |
I have an unusual situation. I started a new job with a good pay, but my final paycheck is very small because I'm aggressively catching up on my 401k contributions. This situation will continue until the end of the year. I want to refinance my mortgage, and wondering if this will hurt my chances for approval, or to get... |
I am an hourly employee on W2 making >$200K with a company the doesn't offer a 401K. I have been self employed in the past and have a Solo 401k as well as Traditional. For taxes I file jointly with my wife who is self employed and has a Solo 401k as well.
What are my retirement contribution / tax reducing options... |
I am on W2 making >$200K with a company the doesn't offer a 401K. What are my retirement contribution / tax reducing options? |
What do you call it when someone gets X number of people who all want to invest in Y company; so u create a corp where equity is spread among them, and this corp invests in X company?
Sounds like an investment company:
> An investment company is a corporation or trust engaged in the business of investing the poo... |
I have an unusual situation. I started a new job with a good pay, but my final paycheck is very small because I'm aggressively catching up on my 401k contributions. This situation will continue until the end of the year.
I want to refinance my mortgage, and wondering if this will hurt my chances for approval, or to ... |
> Is there a difference between “spot price” and “market price”?
Yes. Spot prices are market prices, but not all market prices are spot prices. Example of a market price that is not a spot price: a futures price.
> I'm learning about buying crypto at "spot price" as buying in the price it is at "this moment rig... |
I am new to US banking. I want to make an online payment to a business with minimal fees, and my recipient gave me their routing number and account number. However, the "pay bills" functionality of my online bank portal only asks for the recipient's account number and address.
Why does it not ask for any bank inform... |
I'm refinancing my mortgage with a well-known lender. I assume the lender's attorney will review the closing documents. I know the documents are pretty standard, but still wondering if I need to hire my own lawyer too.
If you have refinanced your mortgage, did you hire your own own lawyer to review the closing docum... |
Do I need my own attorney during mortgage refinancing? |
Year 2012 when me, my brother, my mom and my dad bought $349,000 property with 10% down to it. I got the highest down of $10,000. Our mortgage is around $1600/month and property tax of $2500 yearly. 2015 when I moved out and pay my own rent. So my brother and my parent are the main shoulder to pay the mortgage but my ... |
Escrow solves the issue of trust between a buyer and a seller during a transaction.
From the buyer perspective - what happens if I pay the money but I dont receive the good ?
From the seller perspective - how do I know the buyer is serious and will actually pay me the money when I give them the good ?
Escrow i... |
If you are refinancing with the same lender it shouldn't make a huge difference to them. They know you have been making on-time payments for years. Their big concern is gross income, and obligations. Voluntary contributions to a 401(k) are easily stopped or modified. If the money being sent to the 401(k) was to payoff ... |
My father says that if I need more money, I can withhold less on my W-4 (which won't result in the same oh here's $3,000 come tax return time), but will give us access to more money.
So how do I know how much I can withhold without withholding too much? or too little? |
How do you know how much to withold on your W-4? |
First, congratulations on the nice capital gain. (From now on, every time someone asks on here "What to invest in?!" I will send them to this question!)
- The three of you need to - literally today - hire an attorney. Choose one who focusses on property
- It will only cost maybe one or two hundred bucks per perso... |
I placed a limit order bidding $0.10 higher than asking price. And despite that ask price is getting lower, my position is not filled. Please explain why does it happen? |
I understand I can contribute up to 40k (or 100% of salary) in one financial year, and I will receive tax relief on these payments.
I was working on this assumption:
> employer pension contributions + personal pension contributions + HMRC
> basic tax relief cannot exceed £40,000 across the tax year.
And this ... |
A real estate can be divided into two parts, the land and the building.
You have permanent and perpetual right on the building of your own.
In China, there are two kinds of lands,
one of which is called State-owned land (SoL for short),
the rest is called Collectively-owned land (CoL for short).
SoL is owned b... |
I had a question about interpreting money market fund metrics that was answered [here][1], but which raised a new question.
[Schwab SWVXX][2] is a money market fund which has a Gross Expense Ratio of 0.34% and a 7-day Yield of 0.03%. As I understand it, the gross expense ratio acts upon the full amount of money in t... |
Is this Money Market Fund giving negative yield? |
I have a few mature bonds from childhood that have been sitting in a safe deposit box under my parents' control. I'm now an adult and currently live on the opposite coast.
Obviously I could have the bonds sent to me and cash them in in-person, but since I use a Schwab account, I would then need to turn that cash in... |
First, congratulations on the nice capital gain. (From now on, every time someone asks on here "What to invest in?!" I will send them to this question!)
- The three of you need to - literally today - hire an attorney. Choose one who focusses on property
- It will only cost maybe one or two hundred bucks per perso... |
I have an unusual situation. I started a new job with a good pay, but my paychecks are now very small because I'm aggressively catching up on my 401k contributions. This will continue until the end of the year.
I want to refinance my mortgage, and wondering if these "low" paychecks will hurt my chances for approval,... |
I run a small repair shop in NYC and this year 2020, I will need to report a loss. I never reported a loss before so I'm not sure if my knowledge of it is out of date or not. I read that for 2020 returns we can file for "unlimited" loss. But was it previously we were only able to file a loss of maximum of $3000 per a y... |
I am a single member LLC. I am most likely going to have a business loss this year 2020. What do I need to know to report a loss? |
hope your all having a great day.
I recently gave somebody my bank details to somebody who said they will be using my account to transfer money between personal accounts, and that i would get a commission out of each transfer. Yesterday, i went to close my bank account with HSBC, and then they said they will contact m... |
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