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Would like to discuss my financial condition here so that you guys can share your thoughts. TLDR :)
In 2016 I have purchased a small piece of land (31*40 ----> 138 square yards - corner plot) in a gated community in Medchal - Hyderabad for 11,00,000 INR. Now its value has more than doubled due to the fact that it is... |
IMHO your problem centers around the entanglement of three families. You should have your own place where you live with your wife and future child(ren). Your parents should have their own place, and your wife's parents should as well.
Similarly there should be no entanglement of money. Don't take money from your ... |
Would like to discuss my financial condition here so that you guys can share your thoughts. TLDR :)
In 2016 I have purchased a small piece of land (31*40 ----> 138 square yards - corner plot) in a gated community in Medchal - Hyderabad for 11,00,000 INR. Now its value has more than doubled due to the fact that it is... |
**My goal:** I would like to avoid investing and banking with institutions supporting new fossil fuel infrastructure[†]. Is TD Ameritrade such an institution? (I'm hoping that, as a brokerage firm, it is not.)
[**EDIT:** The answer of @mikem below provides the most direct account of how most brokerages - including ... |
To answer your title question "Would using TD Ameritrade to manage Roth IRA contributions indirectly support new fossil fuel infrastructure?", the answer is simply "yes."
TD Ameritrade facilitates the buying and selling of stocks. Those stocks directly contribute capital to their respective companies. Many of the ... |
So looking at a credit report online, it says three open accounts. What does that mean? Are those the accounts that are owed money on? And how does that differ from a closed account? |
What does it mean when your credit report says you have 3 open accounts? |
Looking at a credit report online, it says three open accounts. What does that mean?
Are those the accounts that are owed money on? And how does that differ from a closed account? |
Yes, it could - it could not deduct them from taxes, and THEY WOULD BE OWNED BY THE COMPANY, but there are very valid cases for all your examples:
> a new jacket, a new pair of shoes,
Yes, because the company can buy clothes for representation. Tax deductibility is disputable (not a UK specialist).
> Or perhap... |
From [wikipedia](https://en.wikipedia.org/wiki/2010_flash_crash):
> In April 2015, Navinder Singh Sarao, a London-based point-and-click
> trader,[63] was arrested for his alleged role in the flash crash.
> According to criminal charges brought by the United States Department
> of Justice, Sarao allegedly used an ... |
It seems I may be divorced in Germany and I want to get my calculations right.
I have a house worth 150k€. I have paid 50k€ before marriage. I have paid 100k€ during marriage. Remaining debt is exactly 0€. The goods acquired during marriage is 100k€. So I have to pay my wife 50k€. To do so, I need a credit from the ... |
Paying aliments: how to consider debt from divorce itself? |
I have come across an investing strategy that is working well. In short, I have created a computer program that looks at many different statistics of stocks and informs me of which ones I should buy and when I should sell them, ect. It is a form of day trading, which I know is risky but ultimately is working out well f... |
"If you people were in my shoes, how would you have dealt with this situation? I"
1. I stick to my core beliefs. If my core belief is that I don't take money from relatives then I would not, regardless of how much my wife begs/cries/acts. By sticking to your core belief you then are only responsible for your choices... |
Jurisdiction Australia, but could apply globally for all I know.
Looking at major bank websites, their EFTPOS contracts mention nothing about transaction fees being different for small amounts than large amount - it's a flat percentage (about 1.5% merchant fee).
Why then do they feel they can add add 20-30 cents ... |
I have a 16,000.00 loan at 6.49%. If I pay 6,000.00 on the principal, will it lower my payment? Will it reduce interest each month and reflect on my payment?
|
Does paying down the principal change monthly payments? |
Say you want to do a short call against a strike price of `k`, on 100 shares on a stock. Let's say the current price is `c`.
My question is: when you want to actually execute this call on a real platform, do you need to provide proof that you actually have 100 shares of the stock on you? If not, how does the exchan... |
I have created a computer program that looks at many different stock statistics and informs me of which ones I should buy and when I should sell them. I am trading with about $50k and I am achieving a good return.
I'm aware that this is risky but I know people that would like to dabble in day trading, have the mone... |
Is there a financial product similar to an annuity in Germany? |
My father is retiring and would like to pass on the family home to my sister and me. We are both adults now and do not live in the home. I should also so mention, we are based in Sydney, Australia.
The house is paid for completely and there is nothing owing on it. I would prefer to rent it out instead of selling it ... |
I believe I am quite competent with most matters related to personal finance, but one thing I cannot understand no matter how much I Google is paying points on a mortgage. I talked with a mortgage agent about refinancing my mortgage and we were discussing options. She said for a 15-year fixed loan my rate would be 2.37... |
Why does paying points cost different amounts depending on how much I'm lowering my rate? |
A Self-Directed Brokerage Option (SDBO) allows 401(k) plan holders to invest their 401(k) money directly into U.S. Equities, ADRs, ETFs, Publicly-traded Limited Partnerships, Publicly-traded REITs, U.S. Treasury Securities, Corporate Bonds, Mortgage-backed Securities, CDs, Mutual funds not already offered in 401(k) Cor... |
[Some](https://money.stackexchange.com/q/86846/5656) employer's retirement [allows](https://money.stackexchange.com/q/135178/5656) to roll-over Roth 401(k) to a Roth IRA (otherwise this can be done when leaving one's job).
Roth IRA has at least 3 upsides compared to Roth 401(k):
1. There are no required distribut... |
What are the upsides of rolling over a Roth 401(k) to a Roth IRA? |
[Some](https://money.stackexchange.com/q/86846/5656) employer's retirement [allows](https://money.stackexchange.com/q/135178/5656) to roll-over Roth 401(k) to a Roth IRA (otherwise this can be done when leaving one's job).
Roth IRA has at least 3 upsides compared to Roth 401(k):
1. There are no required distribut... |
I've been dancing for a few years. I've been filing taxes as an independent contractor. I do not receive any 1099s. All my earnings are cash, received that day. I pay a house fee (rent for being allowed to work in their building) to the establishment, tip out (fees to dj, wait staff & host) & dance/VIP fees (a percenta... |
Adult Entertainment Taxes; Independent Contractor, SMLLC, LLC, S-corp, etc? |
[Some](https://money.stackexchange.com/q/86846/5656) employer's retirement [allows](https://money.stackexchange.com/q/135178/5656) to roll-over Roth 401(k) to a Roth IRA, otherwise this can be done when leaving one's job.
Roth IRA has at least 3 upsides compared to Roth 401(k):
1. There are no required distributi... |
Would like to discuss my financial condition here so that you guys can share your thoughts. TLDR :). There are some details related to family as well, which I think is important while taking financial decisions.
In 2016 I have purchased a small piece of land (31*40 ----> 138 square yards - corner plot) in a gated co... |
Would like to discuss my financial condition here so that you guys can share your thoughts. TLDR :). There are some details related to family as well, which I think is important while taking financial decisions.
In 2016 I have purchased a small piece of land (31*40 ----> 138 square yards - corner plot) in a gated co... |
Would like to discuss my financial condition here so that you guys can share your thoughts. TLDR :). There are some details related to family as well, which I think is important while taking financial decisions.
In 2016 I have purchased a small piece of land (31*40 ----> 138 square yards - corner plot) in a gated co... |
Short question is: if we invest in solid companies' stocks and buy some put options or inverse-index ETF, does it allow us to "let other people run the business for us", and so we can travel, have more "peace of mind", instead of having 3 rental houses and always worry about the maintenance and how the tenants are payi... |
Is buying stocks to retire, instead of buying several houses, equally feasible? |
Short question is: if we invest in solid companies' stocks and buy some put options or inverse-index ETF, does it allow us to "let other people run the business for us", and so we can travel, have more "peace of mind", instead of having 3 rental houses and always worry about the maintenance and how the tenants are payi... |
this is a UK-based question.
I understand that there are certain purchases that you can make using the revenue of your limited liability company, and this is beneficial as you are using money that has not been taxed by corporation tax.
However, after my company (of which I am the sole director and sole employee)... |
Dislaimer: I'm in Belgium but from the answers already posted I think some ideas might still be relevant to UK.
First things first, TomTom is very right to advise you to discuss that with your accountant. They can probably better than anybody here advise you on things to do, things to avoid doing, etc... How you c... |
One very short answer ...
> Applications. I get denied apartments [etc] because I'm not able to show consistent, adequate income... Will creating a SMLLC, LLC, S-corp help with this?
Unfortunately the answer I have found is pretty much No!
My life has been in exactly the same boat as you, except my dancing i... |
Would like to discuss my financial condition here so that you guys can share your thoughts. TLDR :). There are some details related to family as well, which I think is important while taking financial decisions.
In 2016 I have purchased a small piece of land (31*40 ----> 138 square yards - corner plot) in a gated co... |
Would like to discuss my financial condition here so that you guys can share your thoughts. TLDR :). There are some details related to family as well, which I think is important while taking financial decisions.
In 2016 I have purchased a small piece of land (31*40 ----> 138 square yards - corner plot) in a gated co... |
I was approached by the financial advisor from Equitable out of blue.
They have told me that the people from the company referenced me, and they are providing financial advice. They have third party agreement with my company, and I don't have to pay anything for their services.
I have to provide information about all... |
A friend wants to send me money as a gift to help me with a few of my plans, my friend lives in the US, and I live in Germany (Berlin).<br><br>Will I have to pay any tax on this money? Do I need to declare this to any authority (IRS or German authority)?<br><br>If not, then how much can I receive per year? |
Will I pay tax in Germany on money sent to me by my friend who lives in the US? |
As you reduce the interest more, the difference shouldn't be _linear_ but it shouldn't be as stark as the difference between your first and second eighth of a point. Let's look at the difference mathematically.
Think of the concept of paying points as a loan. You give the bank capital upfront (they "borrow" from yo... |
As you reduce the interest more, the difference shouldn't be _linear_ but it shouldn't be as stark as the difference between your first and second eighth of a point. Let's look at the difference mathematically.
Think of the concept of paying points as a loan. You give the bank capital upfront (they "borrow" from yo... |
I was approached out of the blue by a financial advisor from Equitable. He told me that the people from the company referred me and that they provide free financial advice and services because they have a third party agreement with my company. However, I must provide the values of my pension, salary, savings, stock o... |
A friend wants to send me money as a gift to help me with a few of my plans, my friend lives in the US, and I live in Germany (Berlin).
Will I have to pay any tax on this money? Do I need to declare this to any authority (IRS or German authority)?
If not, then how much can I receive per year? |
I have a home loan, with an APR of 1.71%, and a savings account, with a state-regulated performance of 2.5% tax-free.
Is choosing where to put my money (ie. pay back the loan, or put the money in savings) as simple as 1.71 < 2.5 => Save it (and in general, save the money if you can get better than 1.71%), or is the ... |
APR vs. Investment performance: is it that simple? |
Can I afford to buy a used car? |
Jurisdiction Australia, but could apply globally for all I know.
Looking at major Australian bank websites, their EFTPOS contracts mention nothing about transaction fees being different for small amounts than large amount - it's a flat percentage (about 1.5% merchant fee).
Why then do they feel they can add add 2... |
Last year i bought some item online, its price was CAD$22 i needed this item very urgent so i selected DHL for shipping (I have same experience with other shipping companies) so total cost including shipping was CAD$100
Canadian customs imposed import duty considering item price $100, total import duty was about $1... |
1. No income in US till date.
2. Have some income in India - interest on FDs and Rental income.
Please advise:
1. how and where to Fill the forms in US? What all to declare (about India income) and how?
2. Should I continue paying taxes in India as before? Do i have to mention change of my status to NRI?
... |
> Downside of having multiple brokerage accounts?
If some of these brokerage accounts are outside your country of residence, some countries such as the United States require to report them on a regular basis (e.g., [Report of Foreign Bank and Financial Accounts (FBAR)](https://www.irs.gov/businesses/small-businesses... |
[Some](https://money.stackexchange.com/q/86846/5656) employer's retirement [allows](https://money.stackexchange.com/q/135178/5656) to roll-over Roth 401(k) to a Roth IRA, otherwise this can be done when leaving one's job.
Roth IRA has at least 3 upsides compared to Roth 401(k):
1. There are no required distributi... |
Until December 2020, I was happily in a customs union with a lot of other countries.
If I needed to buy a hard disk for my computer, it was often cheaper (including shipping) or more likely available in specific models, to buy from the Netherlands or Germany than the UK. The few times I had old computer parts I didn'... |
Until December 2020, I was happily in a customs union with a lot of other countries.
If I needed to buy a hard disk for my computer, it was often cheaper (including shipping) or more likely available in specific models, to buy from the Netherlands or Germany than the UK. The few times I upgraded my PC or other things... |
Your examples were 10-day auctions which *had just posted* at the time you had asked. Questions such as *"how does eBay bidding work?"* and *"What is **sniping**"* would further your understanding.
A $1 timeshare is like a $1 cell phone.
-
The $1 is a distraction from the real issue: **You are signing a *contrac... |
According to this [Yahoo! Finance][1] article, the Department of Education has some analysts who attempt to estimate the value of the Department's student loan portfolio:
> For years, bean counters at the department have been writing down the value of its $1.4 trillion portfolio of student debt as they adopted ever-... |
Why would student loans be valued at $1.04 for every dollar of debt? |
Say I place a limit order at 100$ for IBM using Robinhood. While waiting for it to be executed, the price goes down, and the order is executed at cheaper than my limit, say 99$.
My question is, what happens to that 1$? Does Robinhood keep the difference? |
Not necessarily. Yes, traditional banks make money on interest from their customers but they also engage in borrowing (at the LIBOR rate + spread). Also, financial services are not just traditional banks. Financial services are all kinds of creatures, including investment banks and mutual funds. And those invest in the... |
Not necessarily. Yes, traditional banks make money on interest from their customers but they also engage in borrowing (at the LIBOR rate + spread). Also, financial services are not just traditional banks. Financial services are all kinds of creatures, including investment banks and mutual funds. And those invest in the... |
How do banks / fintechs lend your money while you have constant access to it, ie. can withdraw at any moment? I assume there is some kind of liquidation pool, but how exactly is that managed with limited risk? |
How does a bank lend your money while you have constant access to it? |
How can I check my credit score in the UK, and what is the safest way to do this? e.g. should I use https://www.experian.co.uk/? I am keen not to do anything that may risk hurting my credit score.
(Not a duplicate of this question, which is US-centric: https://money.stackexchange.com/questions/2573/how-can-i-check... |
How can I check my credit score in the UK? |
I am a 25 years old investor from Italy. In the past few months I have been educating myself on investing, since I plan to put €16000 in assets. I really want to take a good economics decision, ideally I want to make a sensible lump sum investment of money that I don't need (and hope I won't need in the future) and for... |
I am a 25 years old investor from Italy. In the past few months I have been educating myself on investing, since I plan to put €16000 in assets. I really want to take good a economics decision, ideally I want to make a sensible lump sum investment of money that I don't need (and hope I won't need in the future) and for... |
This is a question about financial terms and definitions in English.
`Gross Margin = Revenue - COGS`
`Gross Profit Margin = (Revenue - COGS) / COGS`
In the first equation we also mean `Profit` (`Gross Profit Margin = Revenue - COGS`), don't we?
Why does adding a word `Profit` (in Gross **Profit** Margin) turn... |
According to this [Yahoo! Finance][1] article, the Department of Education has some analysts who attempt to estimate the value of the Department's student loan portfolio:
> For years, bean counters at the department have been writing down the value of its $1.4 trillion portfolio of student debt as they adopted ever-... |
I have been looking [here][1] for the information on the Bid/Ask spread for the ETF Vanguard Ftse All-World Units Etf A on the Italian market. Here it is reported "Ask: n.d. X n.d" and "Bid: 84,1 x 119", with a price of €84,64. What does it mean that the aks is not defined? Is €84,64 the ask? Should I instruct my bank... |
I will buy the Vanguard Ftse All-World Units Etf A through my bank on Borsa di Milano (the Italian Stock Exchange). I have been told by the financial advisor of my bank that these assets have a small ADV on the Italian Stock Exchange and that therefore I should worry about liquidity. But I have also been studying by my... |
I will buy the Vanguard Ftse All-World Units Etf A through my bank on Borsa di Milano (the Italian Stock Exchange). I have been told by the financial advisor of my bank that these assets have a small ADV on the Italian Stock Exchange and that therefore I should worry about liquidity. But I have also been studying by my... |
I have been looking [here][1] for the information on the Bid/Ask spread of the Vanguard Ftse All-World Units Etf A on the Italian market. Here it is reported "Ask: n.d. X n.d" and "Bid: 84,1 x 119", with a price of €84,64. What does it mean that the aks is not defined? Is €84,64 the ask? Should I instruct my bank to b... |
I have a Citigold account in Taiwan where I meet the local requirements for that status. Is it reasonable to expect Citibank in the US to open a Citigold account for me there as well just based off of me having the status in Taiwan despite not meeting the requirement in the US? Is it something I have to get my account ... |
Can I expect my status at an international bank to travel with me? |
I am a UK resident and home-owner with a mortgage that is 2.5 times my pretax annual salary.
Having investigated the price of my home now since I bought it, I was pleasantly surprised by the return on investment from the increase in house price alone.
This makes me think that a rental property would be a good inv... |
Looks like this is related to https://money.stackexchange.com/questions/135264/bid-ask-spead-for-an-etf?
As long as a fund is active, there should be one or more authorized participants who will buy your shares at a small discount. This would only happen if there wasn't a deep enough secondary market to handle your ... |
This is a question about financial terms and definitions in English.
`Gross Margin = Revenue - COGS`
`Gross Profit Margin = (Revenue - COGS) / COGS`
In the first equation we also mean `Profit` (`Gross Profit Margin = Revenue - COGS`), don't we?
Why does adding a word `Profit` (in Gross **Profit** Margin) turn... |
Risks?
- Your tenant may not pay rent. Eviction is often a long and costly process. And in the worst case the tenant will leave your property heavily damaged
- The region may fall out of favour and the house depreciates.
- The building may not have seen the necessary maintenance in the past and you will be spen... |
Looks like this is related to https://money.stackexchange.com/questions/135264/bid-ask-spead-for-an-etf?
As long as a fund is active, there should be one or more authorized participants who will buy your shares if there wasn't a deep enough secondary market to handle your order.
It is technically possible for all... |
I would offer some general broad advice:
Say you are getting 1 or 2 rental properties in the UK. (So this does not apply to someone who owns streets full of rental properties!)
1. The income and costs from the *rental* as such are **not of much consequence one way or the other**.
2. The whole entire issue at ... |
I noticed that some options have strike prices that don't exceed the current market price of the underlying stock. Why would this be? For example, [GameStop][1] doesn't have any strike prices above $60 for February 12. I would think, even if no one was selling calls, that the volume and open interest would simply be 0 ... |
Call option strike prices don't exceed stock price? |
Until Jan 12th (less than 2 weeks ago), the stock was $20. It has skyrocketed over this time. Within a few weeks, if it stays at or near this level, you'll see new strikes opened.
Part of the issue is that 2 weeks ago, the chance of a March 5th price exceeding $60 was so low that the $60 was probably trading for a ... |
I have been looking [here][1] for the information on the Bid/Ask spread of the Vanguard Ftse All-World Units Etf A on the Italian market. Here it is reported "Ask: n.d. X n.d" and "Bid: 84,1 x 119", with a price of €84,64. What does it mean that the aks is not defined? Should I instruct my bank to buy with a limit ord... |
I am a UK resident and home-owner with a mortgage that is 2.5 times my pretax annual salary.
Having investigated the price of my home now since I bought it, I was pleasantly surprised by the return on investment from the increase in house price alone.
This makes me think that a rental property would be a good inv... |
With the new administration, there is a potential for changes in the tax code. The one that interests me the most is the possibility that the rate for long-term capital gains (now 20%, maximum) will be raised to the rate for ordinary income which might be as high as 39.6%.
I seem to remember that changes in tax ra... |
Are changes in the tax code for individuals usually retroactive to the beginning of the year, or not? |
I have 2 questions about puts/calls + shorting in my learning about options.
1. I'm confused about how "short selling" a stock is the same/different as "writing a covered call." In my learning... it seemed that there were multiple ways that an institution could act if they think a stock is going to go down. 2 of the... |
According to economist A. Werner and his [case study][1] this is because the banks do not need your money to create new debts..Excerpt:
"An empirical test is conducted, whereby money is borrowed from a cooperating bank, while its internal records are being monitored, to establish whether in the process of making th... |
According to economist A. Werner and his [case study][1] this is because the banks do not need your money to create new debts..Excerpt:
"An empirical test is conducted, whereby money is borrowed from a cooperating bank, while its internal records are being monitored, to establish whether in the process of making th... |
Other answers already cover a lot of the risks, but I wanted to focus on this sentence:
> rental income, even through a letting agency, would more than cover the mortgage payment and I could accrue more in the returns from the rise in property price.
Any gain accrued from an increase in the value of the property ... |
Yesterday I red an article about how someone was able to turn $ 200 into $ 113,000 in just one day by buying call options on a particular stock; Although the example I am looking at below only invested less than $ 6. The article also showed a screenshot which appears to have been shared by one individual who claims to ... |
Yesterday I red an article about how someone was able to turn $ 200 into $ 113,000 in just one day by buying call options on a particular stock. The article also showed a screenshot which appears to have been shared by one individual who claims to have made quite some money with this trade.
I have never traded with ... |
If I buy PLTR at a $40 call, for $7.55 price per share, and I buy 5 contracts. The current stock price is $32.59.
Robinhood says the break-even price is $47.55.
How much money do I make if the price goes up to $50 before my option expiry date? How much if the price goes up to $60? How do I calculate this in gen... |
According to economist A. Werner and his [case study][1] this is because the banks do not need your money to create new debts..Excerpt:
> An empirical test is conducted, whereby money is borrowed from a
> cooperating bank, while its internal records are being monitored, to
> establish whether in the process of ma... |
According to economist A. Werner and his [case study][1] this is because the banks do not need your money to create new debts..Excerpt:
> An empirical test is conducted, whereby money is borrowed from a
> cooperating bank, while its internal records are being monitored, to
> establish whether in the process of ma... |
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