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I have read a dozen or so books, including The Intelligent Investor, but I still like to read random articles about investing.
I keep finding articles [like this one][1] where they give the stock market as an example to get **9% compound interest** on your investment. This article in particular is getting that numb... |
Why articles give the stock market as an example for compound interest? |
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.... |
I have both a traditional 401k with my employer and a traditional IRA I opened a few years ago. I opened the IRA since I didn't yet realize you could submit after-tax dollars to a 401k.
Is there an incentive for me to move the IRA money into my 401k as an after-tax contribution? |
What incentives are there to move IRA money into a 401k? |
In the ''Universe'' tab are many different options: Government and Corporate Bonds, Equities, Funds, Indices, 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 ... |
The French tax authorities allow parents to give some money tax-free to their children around some special dates, such as Christmas, new year eve, the child's birthday or the child's success at some major exams (such money is referred to as [étrennes](https://en.wiktionary.org/wiki/%C3%A9trennes)). How much money can b... |
How much money can be gifted tax-free as "étrennes" (~Christmas/NY/BD gift)? |
The French tax authorities allow parents to give some money tax-free to their children around some special dates, such as Christmas, new year eve, the child's birthday or the child's success at some major exams (such money is referred to as [étrennes](https://en.wiktionary.org/wiki/%C3%A9trennes)). How much money can b... |
I am really new to this and I need your help.
let's say I have 50k,
I buy 100 shares of a stock, sell them at $5 profit for each share and do it again with 50K+plus how much I made on the last trade. I can hypothetically keep doing this and buy a large number of shares, sell them for a profit of 5, and buy more when ... |
Why there is not much Options volume or open interest for few big companies? example. COST (Costco), UPS, MCK don't have much volume/open interest when I look at option chain. Is is advisable to stay away from these options of these companies?
|
Why is not much Options volume or open interest for few big companies? |
The French tax authorities allow parents to give some money tax-free to their children around some special dates, such as Christmas, new year eve, the child's birthday or the child's success at some major exams. How much money can be gifted tax-free?
[latribune.fr](https://www.latribune.fr/vos-finances/impots/donati... |
How much money can be gifted tax-free as Christmas/NY/BD gift in France? |
I am really new to this and I need your help.
Let's say I have 50k: I buy 100 shares of a stock, sell them at $5 profit for each share and do it again with 50K+plus.
How much I made on the last trade?
I can hypothetically keep doing this and buy a large number of shares, sell them for a profit of 5, and buy mo... |
> Is there an incentive for me to move the IRA money **into my 401k** as an **after-tax contribution**?
Not really. You may be confusing that with a [Roth conversion][1].
> A Roth IRA conversion is a **transfer** of retirement **assets** from a **Traditional**, SEP, or SIMPLE **IRA** into a **Roth IRA**, which c... |
[Relaxed](https://money.stackexchange.com/users/11981/relaxed) pointed to a great article in the comment section, https://www.capital.fr/votre-argent/present-d-usage-1317692 ([mirror](https://web.archive.org/web/20201112000730/https://www.capital.fr/votre-argent/present-d-usage-1317692)):
> La valeur du présent d'us... |
The French tax authorities allow parents to give some money tax-free to their children around some special dates, such as Christmas, new year eve, the child's birthday or the child's success at some major exams (such money is referred to as [étrennes](https://en.wiktionary.org/wiki/%C3%A9trennes)). How much money can b... |
How much money can be gifted tax-free as "étrennes" (~Christmas/NY/BD gift)? |
> Why there is not much Options volume or open interest for few big companies? example. COST (Costco), UPS, MCK don't have much volume/open interest when I look at option chain.
There are are few reasons why some big companies don't have much volume/open interest.
- Story stocks attract traders and investors (TS... |
[Relaxed](https://money.stackexchange.com/users/11981/relaxed) pointed to a great article in the [comment section](https://archive.is/6CL2B), https://www.capital.fr/votre-argent/present-d-usage-1317692 ([mirror](https://web.archive.org/web/20201112000730/https://www.capital.fr/votre-argent/present-d-usage-1317692)):
... |
I own shares of stocks and ETFs that I plan to own for the long term (so as to avoid the short term capital gains tax).
I also want to sell call options on these shares.
I understand that the buyer of my options can exercise early and can even exercise when the options are out of the money.
Problem:
Whenev... |
How to ensure that my shares are never sold when I write call options? |
Which tax year should unemployment benefits reported? |
I live in a high cost of living area and am thinking about buying a house. Affordability calculators get weird because taxes are a higher percent of my income, there isn't much on the market that would normally be considered affordable, you bump into the FHA limit quickly, and housing can be a higher percent of my budg... |
How much will a bank loan for a mortgate in a high cost of living region? |
From my understanding, a security's prices are published by the exchange on which it is trading. How do the exchanges determine what price to publish? Is the displayed price simply the latest fill price, or is it calculated by some other method? (I assume it is not the latest fill price, because if it were, I would not... |
What determines the price that is displayed by an exchange for a security? |
> I am really new to this and I need your help.
Here is help: you will loose. PERIOD. Stop doing that. Now, people will say "but with hard work blablabla". MATH says you loose - 95% of traders loose money, 1% or so make so much money they laugh at a ferrari.
> Let's say I have 50k: I buy 100 shares of a stock, se... |
I received a cheque 3 months ago which my client gave me to start a project and there's no date on the cheque. My client told me to ask him before depositing the cheque. So it's been 3 months I've been calling him every 4 days and he just says sir please give me more 4 days or a week. I've issue a receipt for the chequ... |
> I am really new to this and I need your help.
Here is help: you will lose. PERIOD. Stop doing that. Now, people will say "but with hard work blah-blah-blah". MATH says you lose - 95% of traders lose money, 1% or so make so much money they laugh at a Ferrari.
> Let's say I have 50k: I buy 100 shares of a stock, ... |
Here's a very similar question that was asked a few days ago: [2% gain-and-out trading plan on the stock market](https://money.stackexchange.com/questions/134386/2-gain-and-out-trading-plan-on-the-stock-market/134390#134390). Read the answers and the comments to get an idea of the feasibility of your idea.
> Now le... |
I filed my 2017 tax return in October 2018 and had paid all the tax due (as I calculated at the time) prior to the payment deadline of April 15, 2018. Recently, I discovered an error in my tax calculation -- I had not realized that I need to realize Bitcoin Cash acquired through a Bitcoin hard fork as taxable income --... |
Do the "failure-to-file penalty" and "failure-to-pay penalty" apply when amending a timely-filed return after the deadline? |
I filed my 2017 United States federal income tax return in October 2018, after paying all due taxes by April 2018. The IRS found a calculation error and sent back an extra refund in November 2018 along with a Form CP-12. In December 2019 / January 2020, I found another error that led me to file a 1040X. When filling th... |
If I file Form 1040-X twice for the same year, should Original Amount for the second filing use the outcome of the first amendment? |
Here's a very similar question that was asked a few days ago: [2% gain-and-out trading plan on the stock market](https://money.stackexchange.com/questions/134386/2-gain-and-out-trading-plan-on-the-stock-market/134390#134390). Read the answers and the comments to get an idea of the feasibility of your idea.
> Now le... |
The French tax authorities allow parents to give some money tax-free to their children around some special dates, such as Christmas, new year eve, the child's birthday or the child's success at some major exams (such money is referred to as [étrennes](https://en.wiktionary.org/wiki/%C3%A9trennes)). How much money can b... |
I have all my personal finances in GnuCash. EUR is now my main currency.
The menus allow me to set the main "currency" to, naturally, currencies. I have bitcoin as a security. Can I set my while GnuCash to display everything in Bitcoin? |
Can I set GnuCash to denominate everything in a security (Bitcoin)? |
1. I am an American Citizen.
2. I work remotely for a company based in the US.
3. Working remotely means that I can live wherever I want.
4. If I move to a foreign country and live full-time there and establish residency, do I qualify for the ~100k tax exclusion?
5. Note that the company that I work for is ... |
1. Two years ago, I bought 100 shares of XYZ today.
2. Yesterday, I bought another 100 shares of XYZ.
3. Today, I sold 100 shares of XYZ.
4. Which 100 shares did I actually sell? If it were the 100 shares from 2 years ago, then that contributes to my long term capital gains tax. If it were the 100 shares from ... |
I received a cheque 3 months ago which my client gave me to start a project and there's no date on the cheque. My client told me to ask him before depositing the cheque. The cheque was the advanced payment for the work. So I didn't completed or started anything the client wanted me to do.
So it's been 3 months I've ... |
1. Two years ago, I bought 100 shares of XYZ.
2. Yesterday, I bought another 100 shares of XYZ.
3. Today, I sold 100 shares of XYZ.
4. Which 100 shares did I actually sell? If it were the 100 shares from 2 years ago, then that contributes to my long term capital gains tax. If it were the 100 shares from yester... |
I own a few shares of a private firm. The shares are registered at Carta, but trading is not allowed.
How can I transfer the ownership to my son so that the cost basis would be the price I bought them for originally?
Suppose I bout the shares when they were issued at the nominal price of $100. There is no market ... |
how to transfer ownership of private illiquid shares and what is cost basis? |
How much will a bank loan for a mortgage in a high cost of living region? |
Assume that I own some NYSE:CHA ([American depositary shares (ADSs)](https://en.wikipedia.org/wiki/American_depositary_receipt) for [China Telecom Corp. Ltd.](https://en.wikipedia.org/wiki/China_Telecom)), which is [scheduled to be delisted from NYSE sometime between Jan. 7 and Jan. 11](https://finance.yahoo.com/amphtm... |
If I own an ADS in a company that is delisted, can I exchange my ADS with shares of the same company in their original market? |
Assume that I own some NYSE:CHA ([American depositary shares (ADSs)](https://en.wikipedia.org/wiki/American_depositary_receipt) for [China Telecom Corp. Ltd.](https://en.wikipedia.org/wiki/China_Telecom)), which is [scheduled to be delisted from NYSE sometime between Jan. 7 and Jan. 11](https://finance.yahoo.com/amphtm... |
As I understand it, to qualify for the physical presence test, the last date that you can use is the date you file your tax return.
So suppose that I will file my tax returns on April 1st 2022.
Does that mean that I can safely move out of the US as late as April 1st 2021 as long I remain outside of the US for at... |
I notice that some financial reports miss gross profit or cost of revenue.
This often happens in Software companies. Does this mean the cost of revenue is zero?
I attached a financial report for reference.
[![enter image description here][1]][1]
[1]: https://i.stack.imgur.com/jIIaP.png |
**Are Euro deposit accounts in UK banks protected a) if the customer in UK-based, b) if they’re a non-UK resident?**
Yes, foreign currency accounts with failed UK banks would be converted to GBP prior to compensation been paid. There is no residency requirement.
https://www.fscs.org.uk/what-we-cover/#!/synthetix/... |
As I understand it, to qualify for the physical presence test, the last date that you can use is the date you file your tax return.
So suppose that I will file my tax returns on April 1st 2022.
Does that mean that I can safely move out of the US as late as April 1st 2021 as long I remain outside of the US for at... |
When I look at monthly S&P 500 prices at a site such as Multpl, they state "all prices are monthly average closing prices." e.g. https://www.multpl.com/s-p-500-historical-prices/table/by-month
How does one calculate this "monthly average closing price?"
For example, they report 3,668.10 for December 1, 2020. Wh... |
How do you effectively use options flow to make better trading decisions? |
How to Calculate S&P Monthly Average Closing Price? |
Heres the scenario: I have invested through bitcoin to a certain company but the thing is endless payments were being asked and i have complied with them. A few days i received from a certain bank named hpsbank(i dont even know where it is located) asking me for a COT (cost of transfer) of $3500. The account was on my ... |
Is COT (cost of transfer) exsists in bank from a certain country to another? (Eg. Uk to philippines or othe country to philippines) |
I work for a company that compensates employees with low base salary and a bit higher than average equity.
My question is, how much more expensive is paying an employee equity vs standard salary? How does a compensation structure like mine, benefit the employee or the employer? |
To the employer, is equity more or less expensive than payroll? |
If I own shares of stock that I bought via my broker, those shares are under my name, right?
The question is, what if my broker goes out of business? That should have effect on my shares right? Because I own those shares. They are already bought and paid for, right?
|
The shares that I own via my broker is under my name? |
Are shares under my name if I purchased them via my broker, those?
What if my broker goes out of business? That should have no effect on my shares because I own those shares. They are already bought and paid for, right?
|
Are the shares that I own via my broker under my name? |
Are shares under my name if I purchased them via my broker?
What if my broker goes out of business? That should have no effect on my shares because I own those shares. They are already bought and paid for, right?
|
Are shares under my name if I purchased them via my broker?
What if my broker goes out of business? That should have no effect on my shares because I own those shares. They are already bought and paid for, right?
The country is USA. The broker is Fidelity. |
> When filling the Form 1040X column A (Original Amount) should I use the amount as it would have been after applying the first 1040X ....
That one's right in [the instructions for 'Columns A Through C'](https://www.irs.gov/instructions/i1040x#idm140284808039840) (emphasis added)
> **Column A.**
Enter the amount... |
Browsing eBay (USA) I saw an item with these characteristics:
- 24 x 18 x 12 inches (60 x 45 x 30)
- About 60 lbs
Shipping was running about $145 to my address, which was ~40% of the price of the item.
The seller commented that if it could be sent to a commercial address the shipping could be reduced by abo... |
My father is not working and is my dependent. I have him $5,000 cash as a gift in 2020. He “invested” it in stock market (bought an option for something), and lost it all.
If he had any income, then he would have got the tax credit. Unfortunately, he doesn’t have any income. Can I get a tax credit for that $5,000 l... |
Do i get a tax credit for my dependent’s short term capital loss? |
It confuses me how stock market API companies can charge so much for access to the stock market data.
For example, stock market APIs such as MarketStack and Polygon have very limited free access to their API. So I am wondering where the companies like the two above get their data? Can I get data from their data sour... |
Where do stock market APIs get their data? |
I have two brokerage accounts Robinhood and TD Ameritrade. Here are my transactions for ABC stock:
Jan 10, 2020 bought 10 ABC from Robinhood. ABC price $50
Jan 15, 2020 bought 70 ABC from TD Ameritrade. ABC price $70
Jan 20, 2020 sold 10 ABC from TD Ameritrade. ABC price $80
Based on FIFO ( i always use FI... |
How figure out cost basis when the same asset is located in different brokerage accounts? |
Why do stock market API companies charge so much for access to the stock market data?
The sale of stock market data and news is major revenue producer. Intercontinental Exchange operates several exchanges including the NYSE. Last year, more than half of ICE's revenues were from this source, over $2.7 billion. |
> It confuses me how stock market API companies can charge so much for access to the stock
> market data.
How? it is trivial - you set up a paywall, you charge.
> So I am wondering where the companies like the two above get their data?
From another provider or the exchange. Exchanges sell real time data acce... |
> Can I get data from their data source?
The simple answer is NO.
It would be like saying "United and Qantas buy airline routes from governments, can I buy one?" Answer, no.
(If you think this is "unfair" or "data should be free" or such, unfortunately it's just a case of "whatever".)
> "Have corporations ... |
Why do stock market API companies charge so much for access to the stock market data?
The sale of stock market data and news is major revenue producer for the stock markets. For example, Intercontinental Exchange operates several exchanges including the NYSE; last year, more than half of ICE's revenues were from th... |
Car manufacturers often run lease promotions in which they quote a lease cost ($X down and $Y/month) for a particular vehicle model. We know that the total cost to lease a car is a function of three variables:
1. Purchase price
2. Residual value
3. Money factor (i.e., interest rate)
I've never approached a car... |
Are auto manufacturer lease promotions the same as money-factor promotions? |
Assume that I own some NYSE:CHA ([American depositary shares (ADSs)](https://en.wikipedia.org/wiki/American_depositary_receipt) for [China Telecom Corp. Ltd.](https://en.wikipedia.org/wiki/China_Telecom)), which is [scheduled to be delisted from NYSE sometime between Jan. 7 and Jan. 11, 2021](https://finance.yahoo.com/... |
Do I get a tax credit for my dependent’s short term capital loss? |
I was readying and article on volatility skew about stock options [here][1] and this sentence confuses me "Higher call volume does not necessarily mean more call buyers. Call traders may be selling calls.". I've seen situations where you have high volumes but open interest/contracts are dropping. Is this the situation ... |
Options : higher call volume does not necessarily mean more call buyers? |
When doing a SWIFT transfer between two banks, which entities can stop the transfer due to suspicion of fraud? I'm guessing that the source bank and the recipient bank can both stop the transfer. Can the other entity, e.g. SWIFT, stop the transfer due to suspicion of fraud? |
When doing a SWIFT transfer between two banks, which entities can stop the transfer due to suspicion of fraud? |
I'm guessing that both the source bank and the recipient bank have the ability to stop the transfer. Can the other entity, e.g. SWIFT, stop the transfer due to suspicion of fraud? |
> I've seen situations where you have high volumes but open interest/contracts are dropping. Is this the situation that is being described?
No, that is not what is being described. If there is high volume but open interest is dropping, it means that counterparties are closing more option positions (BTC + STC) than... |
I live and work in the UK. I work at the company, so my employer handles the income tax. I also own some stocks but I keep them in stocks and shares ISA, so I don't have to pay tax on them. Now let's imagine that I start trading cryptocurrencies. As far as I understand, I'll have to pay Capital Gains Tax if my total ga... |
I recently received my first dividend from the ASX:IVV S&P 500 ETF. In the [Components of Distributions](https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02326441-2A1272272?access_token=83ff96335c2d45a094df02a206a39ff4) announcement it says that the Foreign Sourced Income is 99.9998% of t... |
Has Sharesight calculated my dividend's foreign source income correctly? |
In the summer I received unemployment payments from California thanks to new federal laws that gave benefits to self employed business owners. The specific TYPE of unemployment for self-employed people, as for the new laws, is called PUA (Pandemic Unemployment Assistance).
I will likely restart the program in now i... |
I'd like to know whether a person owes any money to a bank if his house was foreclosed. From what I found, it says yes and the borrower owes the difference that the bank sold the property for. If this is true then is there a way to avoid this and prevent a bank from selling the house for less?
It could be a good b... |
I received a cheque 3 months ago which my client gave me to start a project and there's no date on the cheque. My client told me to ask him before depositing the cheque. The cheque was the advanced payment for the work. So I didn't completed or started anything the client wanted me to do.
So it's been 3 months I've ... |
- wire transfers usually have the "from" bank, the "unto" bank, a "correspondent" bank, and (very rarely) more than one "correspondent" bank
- it is indeed a fact that ANY of those three (or, rarely, more) banks can one way or another stop doing a wire transfer (due to suspected fraud, or whatever reason)
- "S... |
This is a fascinating question. We come to "why" at point 6 ...
- wire transfers usually have the "from" bank, the "unto" bank, a "correspondent" bank, and (very rarely) more than one "correspondent" bank
- it is indeed a fact that ANY of those three (or, rarely, more) banks can one way or another stop doing a ... |
This is a fascinating question. We come to "why" at point 6 ...
- wire transfers usually have the "from" bank, the "unto" bank, a "correspondent" bank, and (very rarely) more than one "correspondent" bank
- it is indeed a fact that ANY of those three (or, rarely, more) banks can one way or another stop doing a ... |
Is the S&P 500 index (SPX) often mentioned in business news a capped or non-capped index? I mean; does the weight of a single company, or a single sector is capped by a maximum percentage?
And, is it a Total Return or a Price Return index? Some sources on the Internet say it is a Total Return index( Dividends are re... |
Is S&P 500 a capped index, and is it a Total Return or a Price Return index? |
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