instruction stringlengths 15 21.6k |
|---|
I've lately been using a 3rd party tool to automatically farm Steam Trading Cards. I then sell these cards on the Steam Marketplace for tiny numbers, to the tune of receiving 1-5 cents for most of the cards (with Steam taking a commission), with occasional cards worth 50 cents or more depending on the card's rarity. Ac... |
Do I need to pay income taxes on money added to my Steam balance through sales on the Steam marketplace? |
I read in the book *Indian Economy* by Ramesh Singh that,
> NBFCs are fast emerging as an important segment of Indian financial system. It is an heterogeneous group of institutions performing financial intermediation in a variety of ways, like accepting deposits, making loans and advances, leasing and hire purchase ... |
I am curious about the chance of buying a listed business.
Let's say I want to become the owner of Poste Italiane SpA.
Can I buy 50%+1 shares of [PST][1] in order to become the owner?
How much will I pay for the shares?
[1]: https://www.bloomberg.com/quote/PST:IM |
How much is a business worth? |
I sometimes read articles where author X presents a new trading strategy, and then shows backtest results to "prove" that the trading strategy was more profitable than some chosen benchmark. (Let's assume that X has no intention to deceive; X did not cherry-pick the data.)
* X's premise: If my trading strategy is wo... |
Is backtesting only for disproving trading strategies rather than "proving" them? |
I sometimes read articles where author X presents a new trading strategy, and then shows backtest results to "prove" that the trading strategy was more profitable than some chosen benchmark. (Let's assume that X has no intention to deceive; X did not cherry-pick the data.)
* X's premise: If my trading strategy is wo... |
ERROR: type should be string, got "https://coinmarketcap.com/currencies/rapids/\r\n\r\nI noticed that Rapids (RPD) crypto increased by 31,915,000% (market cap: $400bn) in 1 hour yesterday on 8th May. Shortly after (5-10 minutes), the price dropped by 99.6% (market cap: $1.85bn). Why did RPD have this spike and immediate drop?\r\n\r\nAnother thing I noticed was that the 24h past volume of RPD during the spike was at $480,000 which is extremely higher than the crypto's market cap. A few minutes later, RPD dropped to $10,000 volume in the past 24h. Note that, the usual 24h volume of RPD the past few weeks has been around $1,000. How is it possible for a stock to have a $398bn increase in market cap with only a volume of $480k?" |
Hi I’m confused on what to do I recently was talking to a guy who came to me first on Snapchat wanting me to be his sugar baby so I agreed. Long story short he told me he would be giving me an allowance of 5,000 never did but tried to send me money. But I kinda felt off about the whole deal told him I wasn’t interested... |
> How is it possible for a stock [sic] to have a $398bn increase in market cap with only a volume of $480k?
It is possible. To illustrate:
Imagine a cryptocurrency with 1 million coins that has a price of $1 per coin. The market capitalization of this cryptocurrency is $1 million. Later, there was a trade of 6 co... |
This smells like money laundering.
That is usually the case when someone gave you money and now they want you to send the money to someone else. Was that what happened?
If it's dirty money, you'd get in trouble for it. |
I noticed that the price of Rapids (RPD) cryptocurrency increased by 31,915,000% (market cap: $400bn) in 1 hour yesterday on 8th May. Shortly after (5-10 minutes), the price dropped by 99.6% (market cap: $1.85bn). Reference: https://coinmarketcap.com/currencies/rapids/. Why did RPD have this spike and immediate drop?
... |
> How is it possible for a cryptocurrency to have a $398bn increase in market capitalization with only a volume of $480k?
It is possible. To illustrate:
Imagine a cryptocurrency with 1 million coins that has a price of $1 per coin. The market capitalization of this cryptocurrency is $1 million. Later, someone peo... |
>Can I buy 50%+1 stocks of PST in order to become the owner?
It depends on what you mean by "become the owner". With 50% +1 of the outstanding shares you can control any shareholder vote (and get 50% of dividends etc.). There are still corporate governance laws and regulations in most countries, though, that may pre... |
In order to judge whether this is a mean reversion or trend following, you have to look at the distribution of returns.
If the returns are most of the time on the lower side, but have occasional large positive spikes, the [skewness](https://en.wikipedia.org/wiki/Skewness) of the distribution is positive, and you are... |
In order to judge whether this is a mean reversion or trend following, you have to look at the distribution of returns.
If the returns are most of the time on the lower side, but have occasional large positive spikes, the [skewness](https://en.wikipedia.org/wiki/Skewness) of the distribution is positive, and you are... |
I'm about to leave a job and go on a long bikepacking trip. At the end of the trip I will be going to grad school and getting student health insurance. This is all in the United States. I have decent savings so I could cover pretty much any fee but I'd rather not. My understanding is that if something happened I could ... |
In the broadest interpretation, "value" means "what you get". You get gold, a dumb metal, instead of a company actively working towards making profit.
Problem is, right now the Buffett Indicator is [off the charts](https://www.visualcapitalist.com/the-buffett-indicator-at-all-time-highs-is-this-cause-for-concern/); ... |
I have two children at university. The eldest is in his second year as a PhD student, the youngest in the third year as an under-graduate. Both have taken out student loans and owe £45,000 (for under-graduate degree as PhD is fully funded) and £42,500 respectively.
I have come into some money and would like to pay o... |
Variance over the short-term is a useful way of comparing the risk of investments. Got a home purchase or large medical expense coming up? Better not to have too high variance on your invested savings. 20 with a well-paying job and decades until retirement? Sure, risk the high variance for higher returns.
But if you... |
How do the long-term returns of a high-variance investment compare to those of a low-variance investment? |
It is commonly known that if we are individual investors in the USA, then if we need to investigate smartphones and see how they work with the 7nm, 5nm chipset, or attend shareholder meetings, it is all non tax-deductible.
But what if we form an investment company instead? For example, when Warren Buffet formed the... |
If we form an investment company, then are the expenses deductible? |
In the UK you can give any amount of money to someone as a gift without the recipient having to pay any tax (income tax, capital gains tax etc) on the gift as given. However, the gift is treated as a PET (Potentially Exempt Transfer) meaning that if you die within 7 years of having given the gift, it may be subject to ... |
Let's say that I have 100 shares of the SPYD ETF. The current Annual Dividend/Yield is $2.27/5.47%.
Is that the case that after a year I'm going to get paid 100 * 2.27 = $227.00? |
What do you call bets where you can trade and cash out early?
For example, recently I saw an Olympics2021 bet, where the current "share" price for the bet is $0.70 and will "expire" to $1 if the Olympics goes ahead, otherwise expires to $0. The current price bring traded is essentially the current odds, and you can ... |
What do you call bets where you can trade and cash out early? |
1)Does anyone know how the ask and bid yields are calculated on this corporate bond.
I tried to use BEY calculation but I keep arriving at different answers.
2)Does anyone know what the $500K mean?
If you need more info about the bond, please let me know. Cheers.
ASK 89.550(9.999%)
BID 85.000(11.562%)
... |
I am in California. I successfully filed a chargeback after a merchant repeatedly failed to send a return label after agreeing to an RMA. I now have my money back, but also a product taking up space in my house.
Can I discard/use/sell the product without worrying that the merchant could come after me later? If not, ... |
Do I need to keep the product after a successful chargeback? |
Can I keep the merchandise after receiving a refund if the merchant screwed up the return process? |
Hi i just received a form 1041 dated April 5th but post marked may first. It was well after taxes have been filed:
Line 1 - a-102
Line 2a-c 111
line 2b-d 2366
Do I need to file an amendment?
|
Do I need to keep the product after a successful chargeback? |
I need some help confirming if I am calculating the break even price correctly for both Bear Call Spread and Bull Put Spread.
For Bear Call Spread, I have:
breakEvenPrice = longLegStrike+(longLegCost-shortLegCost)
For Bull Put Spread, I have:
breakEvenPrice = longLegStrike+(longLegCost-shortLegCos... |
Hi i just received a form 1041 dated April 5th but post marked may first. It was well after taxes have been filed:
- Line 1 - a-102.
- Line 2a-c 111.
- Line 2b-d 2366.
Do I need to file an amendment?
|
I’m confused on what to do. Recently, I was talking to a guy who came to me first on Snapchat wanting me to be his sugar baby and I agreed. Long story short, he told me he would be giving me an allowance of 5,000 and never did, but tried to send me money. I kind of felt off about the whole deal and told him I wasn’t in... |
What do I do if a sugar daddy who sent me money is asking for money back or threatening me with FBI asking he needs a $1000 to pay off his workers? |
It is commonly known that if we are individual investors in the USA, then if we need to investigate smartphones and see how they work with the 7nm, 5nm chipset, or attend shareholder meetings, it is all non tax-deductible.
But what if we form an investment company instead? For example, when Warren Buffett formed th... |
So the situation is the following. I am in the last year of university and got myself a well paid part-time job. My expenses are negligible for now. Since I was 18 I was always making money here and there, so I managed to gather over 400k of local currency,CZK (200 on my personal account, 200 on "building savings"(?)).... |
So the situation is the following. I am in the last year of university and got myself a well paid part-time job. My expenses are negligible for now. Since I was 18 I was always making money here and there, so I managed to gather over 400k of local currency,CZK (200 on my personal account, 200 on "building savings"(?)).... |
I bought [Coinbase][1] stocks shortly after IPO. Now my loss at 25%, however, I am in the fortunate position of not being dependent on the invested money.
- I would like to know in retrospect what I and other Coinbase stock buyers did wrong. What are the lessons learned for my future? What were my mistakes? Specific... |
I bought my first shares in life and they dropped 25% in a very short time. What to do? |
I don't know this is the right place to place this type of question or not. I am an indian citizen and I have an Indian passport. But i want to open a bank account in the US or Canada. Is there any way to open an account if I never visited these countries before and don't want to visit to create a bank account either? ... |
1)Does anyone know how the ask and bid yields are calculated on this corporate bond.
I tried to use BEY calculation but I keep arriving at different answers.
2)Does anyone know what the $500K mean?
https://ibb.co/MGsCz9P
If you need more info about the bond, please let me know. Cheers.
ASK 89.550(9.999%)
B... |
> I would like to know in retrospect what I and other Coinbase stock buyers did wrong. What are the lessons learned for my future? What were my mistakes?
You bought a meme stock during the manic phase right after its IPO, hoping that you would benefit from the greater fool theory, an economic theory that states tha... |
I'm fairly new to the world of finance and I'm learning how to analyze financial statements of publicly traded companies. I came across the latest quarterly report (Q1 2021) of TopBuild Corp. (BLD), you can find it here (pick the "Quarterly" tab): https://www.tradingview.com/symbols/NYSE-BLD/financials-income-statement... |
EPS of TopBuild Corp. (BLD) was 2.02 in last earnings call, how? |
1. Does anyone know how the ask and bid yields are calculated on this corporate bond?
[![Screenshot][1]][1]
I tried to use BEY calculation but I keep arriving at different answers.
2. Does anyone know what the $500K means?
If you need more info about the bond, please let me know. Cheers.
AS... |
1. Does anyone know how the ask and bid yields are calculated on this corporate bond?
[![Screenshot][1]][1]
I tried to use BEY calculation but I keep arriving at different answers.
2. Does anyone know what the $500K means?
If you need more info about the bond, please let me know. Cheers.
AS... |
The IRS has a FAQ: [Amended Returns & Form 1040X][irs1
> **What should I do if I made a mistake on my federal return that I've already filed?**
>
> Answer:
>
> It depends on the type of mistake you made:
>
> - Many mathematical errors are caught during the processing of the tax return and corrected by the... |
> What were my mistakes?
Buying individual stocks. Over 80% all professional fund managers are doing worse than a simple S&P 500. These are people who get 100s of 1000s of dollars per year for the "expertise. As a personal investor you have no real chance of beating the market. The best you can do is to invest in l... |
My parents, in Colorado, would like my sister and I to be able to avoid probate when they pass away. They have a home (mortgage still in the process of being paid off) but not much in the way of other assets. It [looks like](https://www.nolo.com/legal-encyclopedia/colorado-avoiding-probate-32107.html) one approach they... |
Is property with a transfer-on-death deed on it part of "the estate"? |
I was an intern in 2019 between August and November in California on a J1 visa.
I filed last year state and federal(1040NR-EZ) tax returns through Sprintax for the year 2019 and received both tax refunds.
I was wondering do I need to file tax returns for this year, as in, do I need to report these tax refunds as US i... |
Filing tax return for tax refund? Former J1 Visa |
I'm fairly new to the world of finance and I'm learning how to analyze financial statements of publicly traded companies. I came across the latest quarterly report (Q1 2021) of TopBuild Corp. (BLD), you can find it here (pick the "Quarterly" tab): https://www.tradingview.com/symbols/NYSE-BLD/financials-income-statement... |
(I'm beginner)
Why the realized p/l is still zero in my interactive brokers demo account? Is that because it is paper money ?
[enter image description here][1]
[1]: https://i.stack.imgur.com/bV3J3.png |
Why the realized p/l is still zero in my interactive brokers demo account? |
I regularly see financial news articles that say "Company X's earnings beat analysts' forecasts by 15%". When companies release their quarterly results, these results are called "earnings releases". There seems to be a fixation on earnings and earnings per share (EPS). Why is that? What makes the EPS more interesting t... |
Why do analyst forecasts seem to be fixated on earnings per share? |
(I'm a beginner)
Why is the realized p/l still zero in my Interactive Brokers demo account? Is that because it is paper trading?
[![Screenshot][1]][1]
[1]: https://i.stack.imgur.com/bV3J3.png |
Why is the realized p/l still zero in my Interactive Brokers demo account? |
I regularly see financial news articles that say "Company X's earnings beat analysts' forecasts by 15%". When companies release their quarterly results, these results are called "earnings releases". There seems to be a fixation on earnings and earnings per share (EPS). Why is that? What makes the EPS more interesting t... |
Let's say I want to buy a house, but I don't want to spend any of my 10 BTC. So I want to borrow 1 BTC.
In order for me to not be able to scam whoever lends me that 1 BTC, I have to "fully collateralize" the loan, by locking 1 BTC into this system.
So now I have 9 BTC left and 1 BTC locked up... And 1 BTC given t... |
How can such a thing as a "fully collateralized" Bitcoin loan exist? |
You are just starting to learn about investing, so it helps to go over the fundamentals.
Typically when an individual has a small amount of spare cash they will put it into a **savings** account at a bank. As they are effectively lending that cash to the bank, then bank will pay them an agreed amount of interest, ma... |
I listed a car for sale on behalf of a 90 year old, and attracted scammers.
One has now sent me a "check" for $4000, for a $1500 car purchase. I'm supposed to deposit the check, then pay the tow truck driver in gift cards. Yeah, right.
The check's routing number matches the printing, a major US bank. The trackin... |
> What are the lessons learned for my future? What were my mistakes? Specific lesson learned about Coinbase?
You bought it because it was in the news. Specifically, you bought it because of favorable news.
That's like the people who buy when the News announces an all time high for the S&P 500. To get rid of ex... |
One thing you should take from this experience is how much you need to consider your choices of saving instruments. If you are going to invest in shares of a single company then you should assure yourself that the company you are buying a little bit of is worth what you are pricing it at. For Coinbase that value was ... |
All else being equal, net income produced by a company, attributable to its shareholders, is a fundamental driver of the value of a share. Many other things are relevant and should be considered (Is net income high because, like TSLA in 2020, you had a $1B+ speculative gain on trading BTC?), but net income is a simple ... |
I am currently working at USA holding H1B Visa, and obviously I'm a foreigner, and my parents are not American resident, which means they are not subject to any American Tax, (10% dividend might apply, but capital gain is tax-free).
I have my parents visited me earlier and I opened bank account and IB account for th... |
Can I gift cash to relatives for investment and they give back to me later? |
Be aware of the [sunk cost fallacy](https://en.wikipedia.org/wiki/Sunk_cost#Fallacy_effect). The money you lost is gone and nothing you can do will bring it back. What you do now should be largely independent of that.
Let's say you had the money you have left in your bank account and you've never had any of the stoc... |
Be aware of the [sunk cost fallacy](https://en.wikipedia.org/wiki/Sunk_cost#Fallacy_effect). The money you lost is gone and nothing you can do will bring it back. What you do now should be largely independent of that.
Let's say you had the money you have left in your bank account and you've never had any of the stoc... |
Be aware of the [sunk cost fallacy](https://en.wikipedia.org/wiki/Sunk_cost#Fallacy_effect). The money you lost is gone and nothing you can do will bring it back. What you do now should be largely independent of that.
Let's say you had the money you have left in your bank account and you've never had any of the stoc... |
Be aware of the [sunk cost fallacy](https://en.wikipedia.org/wiki/Sunk_cost#Fallacy_effect). The money you lost is gone and nothing you can do will bring it back. What you do now should be largely independent of that.
Let's say you had the money you have left in your bank account and you've never had any of the stoc... |
Is it possible in a 401k plan with ***Mega Backdoor Roth*** to have different ***After-Tax*** *contribution amount* limits for each employee depending on whether they're part of the ***HCE*** or ***NHCE*** group?
For example, if an employee is in the NHCE group, then the After-Tax limit is 50% or even 90%. Else, if... |
Can there be different After-Tax contribution limits for HCE and NHCE in a Mega Backdoor Roth 401k? |
# HTF did you do your research for Coinbase in the first place?
This might be a flawed approach. Reevaluate this.
> I bought Coinbase stocks shortly after IPO. Now my loss at 25%, however, I am in the fortunate position of not being dependent on the invested money.
Wait it out. Why did you invest in Coinbase, ... |
You should sell and take your losses because you don't yet know what you are doing.
Imagine that you were twelve years old and the family was not home. You borrowed the car keys, took the other car, and decided to try your hand at driving before your parents got home and anybody noticed. In addition to driving ove... |
# What are earnings?
This question boils down to what are earnings? Earnings = net income, which indicates the profitability of a company. Growing earnings means growing profitability.
Think of a company not listed on the stock exchange: if it is owned and operated by someone, the more net income it generates, th... |
I understand that stocks and crypto are treated as capital gains when a net profit is made, and taxed as such in the United States. My question is what happens when a particular stock or set of stocks is traded frequently throughout the year (day trading).
If one has Stock A and they sell it for a profit of 1000$, ... |
Let's say it's your third calendar year working for a company with no vested employer match; you're classified as HCE. You make a mistake of ***front-loading 90%*** of your income in the first two months, exhausting the 19.5k limit, before leaving come March 1 for another opportunity.
A year has passed; you didn't ... |
401k refund if an HCE front-loads 19.5k, leaves on March 1, and the ADP test fails? |
I understand that many companies use the 125k/130k/etc fixed threshold for classification of NHCE/HCE employees (whereas others use the 20% rule), which field of W2 is used to determine this?
For example, if you've contributed the full 19.5k to Pre-Tax 401k, does that reduce the income that's subject to the 130k cli... |
Which field of W2 is compared with 130k threshold for NHCE/HCE classification? |
## Why this happens?
Some companies routinely fail these nondiscrimination tests, often because their employer match is very poor.
If internet searches are any indication, this appears to be especially common for ex-employers; probably for the following reasons:
* average tenure time in tech is just 3 years;
... |
1. Does anyone know how the ask and bid yields are calculated on this corporate bond?
[![Screenshot][1]][1]
([Additional screenshot][2])
I tried to use BEY calculation but I keep arriving at different answers.
2. Does anyone know what the $500K means?
If you need more info about the bond, ple... |
In markets with price-time priority, why don't traders enter limit orders at all prices, so that they could be first in line when the price moves? For example, if the current bid is $10 and the ask is $11, why don't traders enter limit orders at all prices — $1, $2, $3, ..., $9.97, $9.98, $9.99, ..., $11.01, $11.02, $1... |
Why don't traders place limit orders at all prices to be first in line when the price moves? |
In markets with price-time priority, why don't traders enter limit orders at all prices, so that they could be first in line when the price moves? For example, if the current best bid is $10 and the best offer is $11, why don't traders enter limit orders at all other prices — $1, $2, $3, ..., $9.97, $9.98, $9.99, ..., ... |
You are just starting to learn about investing, so it helps to go over the fundamentals.
Typically when an individual has a small amount of spare cash they will put it into a **savings** account at a bank. As they are effectively lending that cash to the bank, then bank will pay them an agreed amount of interest, ma... |
I shall start by saying I know little about markets, investing or gambling, but I do know a little bit about probability. This question is prompted by comments to [this question][1], such as "As a personal investor you have no real chance of beating the market." and "You have a chance of beating the market, but it's f... |
I shall start by saying I know little about markets, investing or gambling, but I do know a little bit about probability. This question is prompted by comments to [this question][1], such as "As a personal investor you have no real chance of beating the market." and "You have a chance of beating the market, but it's f... |
In a reply to one of the comments, you state: "Isn't [getting the transactions filled] a good thing? Isn't that the whole point of placing an order and being the first in line? What's the point of placing orders if they never get transacted?"
The point of placing an order isn't just to 'get it filled', it's to get i... |
There's already plenty of answers, but I'll try to help you with the analysis part. How to understand and accept the results. And how to make decisions in the future.
> Now my loss at 25%
It's ok for tech lately. Even some funds like [ARKK](https://ark-funds.com/arkk) are down 30% since mid February. And that's a... |
1. Does anyone know how the ask and bid yields are calculated on this corporate bond?
[![Screenshot][1]][1]
(![Additional screenshot][2])
I tried to use BEY calculation but I keep arriving at different answers.
2. Does anyone know what the $500K means?
If you need more info about the bond, pl... |
In markets with price-time priority, why don't traders enter limit orders at all prices, so that they could be first in line when the price moves? For example, if the current best bid is $10 and the best offer is $11, why don't traders enter limit orders at all other prices — $1, $2, $3, ..., $9.97, $9.98, $9.99, ..., ... |
My ex-husband keeps trying to find out my banking information. We have been divorced for 3 years but still involved in the family court system. Over the past years, he's
1. opened closed accounts,
2. brought his girlfriend along with him to the bank to get information by having her pretend she's me,
3. given o... |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.