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If you buy (or sell) a substantially identical security after realizing a loss, it's a wash sale. It doesn't matter what happens subsequently to your option (assignment, exercise or expiry). It is or it isn't.
If it is a wash sale, it's not a problem if all involved positions are closed by the end of the year. ... |
Good evening everyone,
I got a small financial problem that I tried to understand and, even though I come to the right answer, I do not understand why my alternative approach does not work.
Problem: you want to buy a flat for €150,000 so you ask for a mortgage to your bank which offers you an effective annual int... |
Calculating a monthly and annual payments with corresponding rate: different results? |
Calculating monthly and annual payments with corresponding rate: different results? |
>When writing those lines, I reckon it is because the payment has to be done monthly and not yearly.
Correct. If interest is only charged annually, you get a $29,887.81 annual payment, which is different than making 12 payments of 1/12 of that amount (less interest will be paid as the principal is paid down each mo... |
Speaking as someone who used to have multiple credit cards and now has no credit cards, I know just how easily and quickly credit cards can turn into very bad things.
My credit score was around 750 the last time I checked it earlier this year when I bought a house, and I haven't had a credit card in over 10 years. I... |
I recently shutdown my Solo 401(K) plan at E*Trade. I plan to file form 5500EZ. I have distributed the money to a traditional IRA and a Roth IRA. None of the money went into another 401(K) plan.
Do I need to file form 5310? I believe the answer is no, but I want to be sure.
I am in the United States. |
> Should I open a second credit card *just* to improve my credit score?
No.
But if your question had been:
> Should I open a second credit card?
I'd say yes, probably. Your credit score is great. Don't worry about your score. You said:
> I wouldn't do so for any other reason; I would find it a minor hassle... |
Presuming you're *qualified* for the 0% promotion, and understand that this is a loan and under what circumstances you could still be liable for the interest (as outlined in other questions) , one huge thing for me would be:
Am I actually getting the ***best price*** by accepting the 0%?
I don't know if this is c... |
The other link no longer shows that and redirects to AOL website. You can find a chart like that here:
https://research.capitaloneinvesting.com/research/main/ETFs/Options?symbol=SPY
EDIT: Now this is dead too because I believe someone else (ETRADE) bought out Capital One. |
I think the main question here is an administrative one: do you want the hassle of having to deal with the payments for 4 years?
Often these contracts have terms that mean that if you miss a single payment, you can get hit with quite big costs, such as paying a higher rate of interest on all the payments. So it's wo... |
I am temporarily moving to India from the US. I am an Indian citizen. I was living in the US since 8 years and I have some savings from my income in the US bank. There is a possibility to either permanently stay in India, return to the US or migrate to another country. I have a few questions:
1. Should I move my fu... |
> Should I move my funds to an Indian bank account? (I do not need money immediately in India)
From what I've read in other similar questions, getting money out of an American bank when you don't have a current address can be difficult.
I'd keep it simple and bring the money with you. Better yet, try and transfe... |
It seems the age restriction for the [Capital One MONEY][1] account has been removed; I just read the entire terms and conditions and there's no minimum age requirement.
I just finished opening Capital One MONEY accounts for a child who is <5 and a child <8. Both now have activated debit cards and online access. The... |
Why don't all dividend-yielding companies offer dividend reinvestment plans (DRIPs)? |
Customer stated three options of international payment? |
Making 1% a day is quite possible for a few days or even a few weeks if you're on a have a hot streak, and you're trading a small amount of money. But doing that consistently is impossible. No one makes 250% a year (trading a fixed amount) or 1,100% if you're compounding the 1% gains as well).
Here's a simple exam... |
I'm a little confused as to how recapture works for 529 plans in Illinois (particularly with respect to playing for private school and possible changes in the state tax code.) Or rather, I want to check that I am understanding it correctly.
Let's suppose that I contribute $10,000 in 2020. With the current Illinois i... |
Making 1% a day is quite possible for a few days or even a few weeks if you're on a have a hot streak, and you're trading a small amount of money. But doing that consistently is impossible. No one makes 250% a year (trading a fixed amount) or 1,100% if you're compounding the 1% gains as well).
Here's a simple exam... |
The payroll department screwed up at my company and didn't withdraw the final HSA contribution from my check for the purpose of depositing it into my HSA account. Their solution: just deposit into your HSA from your checking account.
This means I will be not gaining the advantage of a withdraw of pre-tax dollars. Is... |
How to contribute to HSA with after-tax income and regain taxes paid? |
A luxury car purchase isn’t unreasonable for the salary you’ll be making. What you really need to figure out is if the Audi is worth the cost over what you would pay for a reliable used Honda/Toyota commuter car.
I’d recommend test driving the Audi, as well as the at least one of the cheaper options you’re consider... |
Have you asked your current bank? They will/should know more about it than nearly anyone else. Or at least can do research on it to help your specific case.
#1
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You could probably manage to continue to use your US account for a while, but that can get tricky quickly. If your account/identity is hacked, it'll take... |
I left a prior employer back in 2012, but I made the mistake of leaving my 401K in the company plan, which is administered by T. Rowe Price. At the time I left, the balance showed I was 100% vested in the plan. However, about a year later, some of the funds started showing up as no longer vested. When I inquired wha... |
I lived and worked in NYC until last year. When my company mandated WFH in March 2020 due to the pandemic, I terminated my lease in Manhattan and rented a new place in Miami
(near my family) from where I have been working remotely since April 2020. My payroll deducts NY state and NYC city taxes. When I file 2020 retu... |
I would be interested in seeing all trades of a day, say, in a specific option product. Not my trades, but all trades made by any market participant.
Does Interactive Brokers (IB) offer this information and if yes, how do I retrieve it? Who (else) does offer this service?
|
Are there universal trade logs on Interactive Brokers? |
I was reading this article here: https://www.jpmorgan.com/wealth-management/wealth-partners/insights/working-remotely-watch-out-for-state-taxes and was interested by the "high state income tax refugee". In the example, they say said person must make his move to Nevada permanent to avoid paying California taxes.
I li... |
I was reading this article here: https://www.jpmorgan.com/wealth-management/wealth-partners/insights/working-remotely-watch-out-for-state-taxes and was interested by the "high state income tax refugee". In the example, they say said person must make his move to Nevada permanent to avoid paying California taxes.
I li... |
I lived and worked in NYC until last year. When my company mandated WFH in March 2020 due to the pandemic, I terminated my lease in Manhattan and rented a new place in Miami (near my family) from where I have been working remotely since April 2020. My payroll deducts NY state and NYC city taxes.
When I file 2020 re... |
I left a prior employer back in 2012, but I made the mistake of leaving my 401K in the company plan, which is administered by T. Rowe Price.
At the time I left, the balance showed I was 100% vested in the plan. However, about a year later, some of the funds started showing up as no longer vested.
When I inquired... |
Have you asked your current bank? They will/should know more about it than nearly anyone else. Or at least can do research on it to help your specific case.
#1
-
You could probably manage to continue to use your US account for a while, but that can get tricky quickly. If your account/identity is hacked, it'll take... |
I am looking at [Vanguard Pacific ex-Japan Stock Index Fund GBP Dist (0P0000KM1Z.L)][1] on Yahoo Finance.
Between 2017-12-24 and 2017-12-31 it jumped from £200 to £20,376.
[![enter image description here][2]][2]
What would have caused such a sharp increase?
[1]: https://uk.finance.yahoo.com/quote/0P00... |
Why did this index fund jump almost 20,000% in 2017? |
I see questions and answers like [this one](https://money.stackexchange.com/a/23434/11670) that make a very good point:
> Keep in mind it is easy to get a loan for a car, or for a house, or to pay for college; but very hard to get a loan for your retirement.
To that end I always try to max out my retirement savi... |
How should I save for a down payment on a house while also maxing out my retirement savings? Is that not feasible at my income level? |
Just to add one more argument to [Justin Cave](https://money.stackexchange.com/users/73607/justin-cave)'s [great answer](https://money.stackexchange.com/a/134383/5656): there is no tax advantage of using dividend reinvestment plans (DRIPs) instead of using one's brokerage account own "reinvest dividends" checkbox.
... |
Would anyone be able to help with the question in title? So far I only know Bloomberg and their ''Stocks'' menu and it's corresponding fields to search the public enterprises with publicly traded stocks. However, the problem is that it often happens that I don't recognizes abbreviation of reported stock exchange and I ... |
Where to find list of full name (NOT abbreviations!) of stock exchanges where particular enterprises has their stocks in? |
- Consider marrying a wealthy woman, or, one with an income
- "Where there's a will there's a way", if you can "somehow" find a way to get on the property ladder, you'll be a (n incredibly) rich man when you're older. Make it happen
- Should you be moving to a cheaper city to get started?
- Try to understand... |
I recently shutdown my Solo 401(K) plan at E*Trade. I plan to file form 5500EZ. I have distributed the money to a traditional IRA and a Roth IRA. None of the money went into another 401(K) plan.
Do I need to file form 5310? I believe the answer is no, but I want to be sure.
I am in the United States.
Here is ... |
I am trying to evaluate few Canadian telecommunication companies from the investment perspective. I am reading that one of the indicators that is advisable to evaluate is [Cash Conversion Cycle][1] (CCC).
One of the factors for the calculation of this indicator is COGS (Cost of Goods Sold), however no companies that I... |
How to calculate Cash Conversion Cycle for the service company? |
Say I own a bond with some principal, coupons, and amortizations (i.e. not necessarily a bullet bond).
If at some point before maturity the issuer defaults, I've heard of people saying "recovery rate" and throw around numbers like 40 % but … 40 % **of what?**
40 % of the bond price as of the default date?
40 %... |
If a bond issuer defaults, what do I get back? |
I lived and worked in NYC until last year. When my company mandated WFH in March 2020 due to the pandemic, I terminated my lease in Manhattan and rented a new place in Miami (near my family) from where I have been working remotely since April 2020. My payroll deducts NY state and NYC city taxes.
When I file 2020 re... |
> Q: Have you changed everything to Florida: drivers license, car
> registration, voting, banking...?
>
> A: Not everything - I do not drive and I kept my NY id. I do not have
> voter registration - funnily for 2020 elections I never got my mail in
> ballot. For 2021, I am planning to get my FL id. But, I did c... |
I see questions and answers like [this one](https://money.stackexchange.com/a/23434/11670) that make a very good point:
> Keep in mind it is easy to get a loan for a car, or for a house, or to pay for college; but very hard to get a loan for your retirement.
To that end I always try to max out my retirement savi... |
Please explain to me why more people don't follow a formula like this:
1) Converting all their assets into exempted assets (for which there are tons of options, regardless of your state -- ERISA-qualified retirement plans; annuities; life insurance plans; trusts for their children/themselves; homesteads shared as jo... |
From [The Financial Times][1] quote page
[![enter image description here][2]][2]
It would seem to me the Yahoo data went bad for some reason. It's quoting pence instead of pounds?
To confirm, I went right to [Vanguard][3] and saw -
[![enter image description here][4]][4]
Which confirms the FT quoting. ... |
I often see the term "a profit margin". But looking up the word 'margin' in a dictionary gives:
> margin - the profit made on a product or service
So, margin is profit. What is 'a profit margin' then? |
The usage of the word 'margin' in English? |
What does the term *margin* means in finance. Looking up the word *margin* in a dictionary gives:
> *margin - the profit made on a product or service*
So, *margin* is *profit*. But what does the term *a profit margin* mean then? |
The usage of the terms 'margin' and 'profit margin' in English? |
"margin" vs "profit margin" in English? |
What does the term *margin* means in finance. Looking up the word *margin* in a dictionary gives:
> *margin - the profit made on a product or service*
So, *margin* is *profit* in the context of finance. But what does the term *a profit margin* mean then? |
What does the term *margin* mean in finance. Looking up the word *margin* in a dictionary gives:
> *margin - the profit made on a product or service*
So, *margin* is *profit* in the context of finance. But what does the term *a profit margin* mean then? |
What does the term *margin* mean in finance. Looking up the word *margin* in a dictionary gives:
> the edge or border
> a sum deposited with a broker to cover the risk of loss on a transaction or account
> *the profit made on a product or service*
The first two definitions don't fit in the context. So, *mar... |
What does the term *margin* mean in finance. Looking up the word *margin* in a dictionary gives:
> a sum deposited with a broker to cover the risk of loss on a transaction or account
> *the profit made on a product or service*
But what does the term *a profit margin* mean then? (The first definition doesn't fi... |
I lived and worked in NYC until last year. When my company mandated WFH in March 2020 due to the pandemic, I terminated my lease in Manhattan and rented a new place in Miami (near my family) from where I have been working remotely since April 2020. My payroll deducts NY state and NYC city taxes.
When I file 2020 re... |
Is the market maker for a particular stock ***also*** the market maker for that stock's options?
Options trading activity is theoretically supposed to be derived *from* trading activity on the underlying, but there are definitely times (particularly with thinly-traded stocks with *very* thinly-traded options) where ... |
Is the market maker for a particular stock also the market maker for that stock's options? |
You are saving 44.7% of your income for retirement and living like a miser as a result, so the question I propose is simply, "Why?" I must admit that the allure of financial security in retirement is very nice, and can seem worthy of extreme sacrifice to attain. However I believe, as I think you are now coming to reali... |
You are saving 44.7% of your income for retirement and living like a miser as a result, so the question I propose is simply, "Why?" I must admit that the allure of financial security in retirement is very nice, and can seem worthy of extreme sacrifice to attain. However I believe, as I think you are now coming to reali... |
The question is summarized in the title:
Unemployment benefits are reported for the tax year in which (choose one):
1. the week of unemployment occurred;
2. the week was claimed;
3. the benefit payment was initiated; or
4. the benefit payment was received
For example:
1. Claimant is unemployed in Ma... |
Financial planning requires you to consider *all* your financial goals, and *prioritize them*. As it stands, you have defaulted to consider your retirement savings to be the #1 priority, but it is not clear that you have done that after careful analysis. It seems you have done that out of perhaps a fear of what retired... |
If I am living with a partner, currently unmarried, who cannot work what would yield the best tax situation in the US:
1. Marrying them and filing as Married - Joint Filing with just the one income to declare?
2. Filing with them as a dependent?
Which one would generate the best possible return? |
Living with a zero-income partner, what offers the best Tax considerations? |
In addition all other possible issues (small print issues, raising prices before offering 0% APR etc.) that others have mentioned, there is also an elephant in the room - using this promotion as a trick played on your mind to get you to **buy something right there and right now** instead of thinking about if it is wort... |
[Bar chart I am referring to from TOS learning center][1]
Source: https://tlc.thinkorswim.com/center/howToTos/thinkManual/charts/Chart-Modes/Chart-Types/bar
In this bar chart, why are down ticks sometimes colored green, and up ticks colored red?
The explanation says "A bar is shown in the "up-tick" color if ... |
Two things stick out at me that I would consider adjusting:
1. You are putting a very large percentage of income into retirement. You could easily lower that amount to provide some more "breathing" room. Another idea would be to switch some of the Roth to Traditional on either the 401k or the IRA which would reduce... |
Margin has multiple meanings "in finance". There is a speculation context and a business context.
In the speculation context, margin refers to collateralized borrowing to trade with larger amounts than you have deposited, potentially amplifying your risk or in potentially mitigating risk. Your first definition was r... |
The question is summarized in the title:
Unemployment benefits are reported for the tax year in which (choose one):
1. the week of unemployment occurred;
2. the week was claimed;
3. the benefit payment was initiated; or
4. the benefit payment was received
For example:
1. Claimant is unemployed in Ma... |
Why?
I'm not questioning the yield percentage, which I know has dropped; it's the dollar amounts that puzzle me. I'd have expected the price of `VWEAX` to have risen (it's increased 1.71% in that time period), and the dividend amounts to have stayed relatively flat. After all, the bonds still exist like when I bou... |
This is a hypothetical question. Let's say I believe XYZ is in real financial trouble, so I purchase some seriously OTM put options on the cheap. Before the expiration, XYZ goes bankrupt and their stock becomes worthless. Are my put options also now worthless?
If they were call options I can see that yes, they wo... |
If I own a put option on XYZ, and XYZ becomes worthless, is my option also worthless? |
https://www.kiplinger.com/investing/602007/is-the-stock-market-open-on-new-years-eve-2020:
> The stock market is indeed open for a full trading session on New Year's Eve, Thursday, Dec. 31, 2020. But for what it's worth, bond traders do get a slightly shortened day; the bond markets will close up shop a little early... |
Why do bond markets close a slightly early (at 2 p.m. ET) on December 31 whereas the stock market closes the regular time? |
I need to transfer a large sum from Chile to Canada and convert currency to Canadian. I specify the countries because fewer businesses seem to operate in Chile. I absolutely want to avoid the inter-bank exchange rate because I would lose 10,000+ compared to using the international exchange rate.
I've found some rele... |
How can I avoid the inter-bank exchange rate when transferring a large sum from Chile (CLP) to Canada (CAD)? |
This is a hypothetical question. Let's say I believe XYZ is in real financial trouble, so I purchase some seriously OTM put options on the cheap. Before the expiration, XYZ goes bankrupt and their stock becomes worthless. Are my put options also now worthless?
If they were call options I can see that yes, they wo... |
https://www.kiplinger.com/investing/602007/is-the-stock-market-open-on-new-years-eve-2020:
> The stock market is indeed open for a full trading session on New Year's Eve, Thursday, Dec. 31, 2020. But for what it's worth, bond traders do get a slightly shortened day; the bond markets will close up shop a little early... |
Why do bond markets close slightly early (at 2 p.m. ET) on December 31 whereas the stock market closes the regular time? |
https://www.kiplinger.com/investing/602007/is-the-stock-market-open-on-new-years-eve-2020:
> The stock market is indeed open for a full trading session on New Year's Eve, Thursday, Dec. 31, 2020. But for what it's worth, bond traders do get a slightly shortened day; the bond markets will close up shop a little early... |
Why do bond markets close slightly early (at 2 p.m. ET) on December 31 whereas the stock market closes at the regular time? |
I loaned my son money for his car and he is now paying this back with monthly payments. Is there a way to track that within Mint? Tried setting up different account types, but none of them seem correct. |
I was hospitalized on December 31st after a surgery that was done that same day. Now it is looking like I'll be staying in the hospital at least another day or two for recovery into the new year.
I'm curious as to how the hospital stay will be applied to my deductible, because I had already met my out of pocket max... |
If you are hospitalized on December 31st and released a few days into the following year, how is the deductible applied? |
Is the market maker for a particular stock ***also*** the market maker for that stock's options?
... or is it a different person entirely that makes the options markets for that stock?
If it's 2 different people, are they coordinating somehow or operating independently from one another?
[removed extra not-on-p... |
Is it ever possible that a stock that is consecutively trading above $1 to get delisted?
If so, how, and for what reasons? And if it happens, how often does it happen?
|
Is it possible for a stock that is consecutively trading above $1 to get delisted? |
The answer to that is "it depends". Let's start with "what is a market maker"? In some exchanges the market is made by a specialist responsible for a stock - and the exchange does not do options. On other exchanges it is a tag assigned to someone behaving in a certain way, and he or his company can do what they want - ... |
I was wondering what kind of a method should be used to choose between a deep discount bond and a loan with variable interest. Since one option has a fixed rate, and the other has a variable interest rate, I am not sure whether and NPV analysis alone would help to determine the best option. Are there any other alternat... |
I need to transfer a large sum from Chile to Canada and convert currency to Canadian. I specify the countries because fewer businesses seem to operate in Chile. I absolutely want to avoid the inter-bank exchange rate because I would lose 10,000+ compared to using the international exchange rate.
I've found some rele... |
Back in June 2020 my mother passed and left me with two documents, a Last Will and Testament and a Transfer on Death Deed that applied to her home transferring her interest in the property to me.
I consulted an attorney about how I needed to go about selling the property and what the Transfer on Death Deed meant. H... |
I, this year, traded some ETFs that track US stock market indices; like SPY, QQQ, DIA. Do these ETFs issue their own 1099 forms for reporting Gains/Losses, or are those ETF transactions just reported on the 1099-B from the brokerage firm like other individual stocks? ( I'm using Fidelity) |
Do ETFs issue their own 1099 forms? |
The recipient Tokyo bank is Mitsubishi UFJ Bank (SWIFT Code MTBCJBJT). This bank after mergers may now be the MUFG Bank (SWIFT Code BOTKJPJT). First confusion is which SWIFT Code to use? XXX at the end or nothing indicates the head office. Add a 3-number code, in this case 360 and that should be the Branch Code.
But ... |
In the ''Universe'' tab are many different options: Government and Corporate Bonds, Equities, Funds, Indives, Equity & Index Derivatives, Companies/Issuers, Commodities, FX & Money, Benchmarks & Curves and many more. I don't know how to name this page (tool) because there is no name of the tool available. In this tool ... |
Question for Xenith (Eikon) Expert - Is the following data available...? |
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