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Options beginner here. Cannot wrap my head around this. Say I’m trading a long iron condor and the call spread ends up in the money on expiration. Now I can exercise the long call. So should I wait for the other party to exercise the short call? Or should I wait for the short call to be exercised first before exercisin... |
Iron condor - can the described scenario happen? |
My employer is a trucking company, I live in Mississippi and they collected income tax from me and remitted to PA. How do I get a refund from PA and pay Mississippi income taxes? |
If my employer is based in PA and I live in Mississippi and the employer withheld PA state taxes, how do I fix this? |
There are really two issues here:
- Does your student visa allow you to work 20 hours/wk for a UK employer and 12 hours/wk for a US employer? That isn't really a question that can be answered here, you could try [Expatriates](https://expatriates.stackexchange.com/) as suggested in a comment.
- What are the tax ... |
From the IRS guidance on [eligibility for the Third Economic Impact Payment][1] (covid/coronavirus relief):
> A person who’s a qualifying resident alien with a valid SSN is eligible for the payment only if he or she is a qualifying resident alien in 2021
I will be a [Dual-Status Alien][2] for 2021, when I come t... |
Since I still live with my parents I've been saving money for a while. All these savings amount to around 15 months of my current salary.
Now I need a car.
Cars are pretty expensive. I don't wanna buy a used car and be stuck with mechanical problems to be fixed every now and then. That costs money...
So I dec... |
A small number of websites prevent customers from checking out using a prepaid card. How do websites manage this when there are so many prepaid cards out there, and are there any prepaid cards known for making it through such a ban?
Many people would rather shady companies not have access to their real cards and bank... |
How do websites ban prepaid cards? |
It's worth it to be an active investor when, *net of fees*, your careful stock picking can reliably beat the performance of an index fund charging 0.07% expense ratio.
However, it is not enough to beat it. You must beat it by more than the salary you would earn if you did something else with your time.
Sin... |
A [great answer](https://money.stackexchange.com/a/140764/20280) by [Manziel](https://money.stackexchange.com/users/92213/manziel) but it doesn't actually answer the question: _Is there a threshold (in effort, or capital) beyond which it makes sense to be an active investor?_ Luckily, it leads right to the actual answe... |
It's worth it to be an active investor when, *net of fees*, your careful stock picking can reliably beat the performance of an index fund charging 0.07% expense ratio.
However, it is not enough to beat it. You must beat it by more than the salary you would earn if you did something else with your time.
Sin... |
I'm doing my 2020 taxes in tax software on which I purchased the state return for CA and GA. I moved to CA from GA in mid-Jan 2020. During the year of 2020, I earned employment income, unemployment income, dividends, and capital gains - all while being a resident in CA.
The tax software automatically removed employ... |
Does Georgia (USA) tax unemployment income, dividends, and capital gains that was earned during months where the taxpayer was in a different state? |
If I wire a large amount of money from an online exchange to my bank account, will it get reported to the IRS? |
Do incoming wires to my bank account get reported to the IRS? |
It's worth it to be an active investor when, *net of fees*, your careful stock picking can reliably beat the performance of an index fund charging 0.07% expense ratio.
However, it is not enough to beat it. You must beat it by more than the salary you would earn if you did something else with your time.
Sin... |
>Does it make sense for someone to pursue being an active investor? Does it only make sense for people that actually have a lot of money or are willing to actually put a LOT of effort?
The simple answer is that for most people it does not make sense. In my view, it does not make sense unless you actually enjoy it, ... |
According to Benjamin Graham's *The Intelligent Investor* one could define an aggressive investor in accordance with the following line (not a verbatim extract from the book):
> The difference between a defensive and an aggressive investor is not in the amount of risk that one is willing to take, but in the amount o... |
Upper_Case's answer is great, but I just want to focus on the very first part of your question to point out what I think is the misunderstanding, because it's right at the beginning:
>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 b... |
There are three ETFs that trade on the Singapore Exchange that trade the Singapore stocks:
db x-trackers MSCI Singapore IM Index UCITS ETF
https://etf.deutscheawm.com/SGP/ENG/Download/Factsheet/LU0659578842/O9A/MSCI-Singapore-IM-Index-UCITS-ETF-(DR)/Retail
(This tracks the MSCI SIngapore Investable Market Total Re... |
What are some/is a Singapore index fund(s) on the Singapore stock exchange? Does Singapore have sector funds on its exchange as well? |
I do not know what this is connected with, but I noticed that in terminals that are sharpened for stocks, futures and other stock markets, direct order books are used
[![enter image description here][2]][2]
but in foreign exchange terminals, the opposite (buyers are displayed at the top) with what it may be con... |
Why do some trading terminals use a reverse order book? |
In April, the Consume Price Index reached a record high of 4.2%.
My questions are:
1. Is this 4.2%, the inflation in the US now?
2. Where can I find the inflation rate since 2005? |
What is the inflation rate based on the current CPI? |
In April, the Consumer Price Index reached a record high of 4.2%.
My questions are:
1. Is this 4.2%, the inflation in the US now?
2. Where can I find the inflation rate since 2005? |
I have done some trading in my time, and I was wondering, how to get around the Pattern Day Trader (PDT) rules (this does not directly relate to me because I prefer swing or long-term investing.)
I have briefly researched a two ideas:
1. Trading with an out-of-country broker.
2. Using a cash account (opposed t... |
I have an old pension (with Profits). I was advised to take it out as soon as I could by my Financial Advisor. Having turned 55 I am now in the process of taking it out. When I was 50 I asked for a calculation for an annuity option. All the options showed a tax free amount of 52%. Now the options show a tax free amount... |
I thought it might be fun to add more detail on how a trade happens. I used to work as a programmer for day traders, and that was a wonderful crash course on how markets work on the second-to-second level.
At its core, a market is a set of buyers and sellers seeking to make trades with each other, and they declare t... |
Sould you pay for a car straight from your savings? |
Should you pay for a car straight from your savings? |
A small number of websites prevent customers from checking out using a prepaid card.
1. How do websites manage this when there are so many prepaid cards out there?
2. Are there any prepaid cards known for making it through such a ban?
Many people would rather shady companies not have access to their real car... |
Even if you believe all of modern portfolio theory supporting passive investing, the theory still suggests you should be able to get better returns with a professional management strategy. The reason is that standard indicies (like S&P) are not optimally placed on the [risk/return curve][1] at all times. Why should the... |
Even if you believe all of [modern portfolio theory][2] supporting passive investing, the theory still suggests you should be able to get better returns with a professional management strategy. The reason is that standard indicies (like S&P) are not optimally placed on the [risk/return curve][1] at all times. Why shoul... |
Since I still live with my parents I've been saving money for a while. All these savings amount to around 15 months of my current salary.
Now I need a car.
Cars are pretty expensive. I don't wanna buy a used car and be stuck with mechanical problems to be fixed every now and then. That costs money...
So I dec... |
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"(?)).
Now I've been doing a little re... |
There are good answers already, let me add one that might seem tangential, but I feel is important, as it is very often ignored.
Do you **need** a car, or do you **want** a car?
- if the answer contains ideas like "I would get to the job quicker", "I need to visit x/y/z few times a year", "I need to transport furni... |
There are good answers already, let me add one that might seem tangential, but I feel is important, as it is very often ignored.
Do you **need** a car, or do you **want** a car?
- if the answer contains ideas like "I would get to the job quicker", "there is often bad weather", "I have to be presentable at my job", ... |
First, a definition of WACC:
> The weighted average cost of capital (WACC) is a calculation of a firm's cost of capital in which each category of capital is proportionately weighted. All sources of capital, including common stock, preferred stock, bonds, and any other long-term debt, are included in a WACC calculati... |
Why should I use WACC to discount cash flows? |
Today, mainly out of curiosity, I went on a major ETF comparison website and sorted the short ETFs by market capitalization. I was surprised when among the first few places in the list I found an ETF (`LYX0FW`) on an index that tracks the 2x *inversely* leveraged futures on German 10y government bonds. I didn't know th... |
Why short (German) government bond futures? |
Why do we discount cash flows with WACC instead of the opportunity cost? |
"**It is my understanding that, when discounting the future value of any potential investment** (trading cards, diamonds, stock, car payments, cash flows), it should be discounted at the opportunity cost of the investment. I.E. "I could buy this diamond for $100, and it could be worth $115 next year, but **is that retu... |
"**It is my understanding that, when discounting the future value of any potential investment** (trading cards, diamonds, stock, car payments, cash flows), it should be discounted at the opportunity cost of the investment. I.E. "I could buy this diamond for $100, and it could be worth $115 next year, but **is that retu... |
Today, mainly out of curiosity, I went to a major ETF comparison website and sorted the short ETFs by market capitalization. I was surprised when among the first few places in the list I found an ETF (`LYX0FW`) on an index that tracks the 2x *inversely* leveraged futures on German 10y government bonds. I didn't know th... |
Today, mainly out of curiosity, I went to a major ETF comparison website and sorted the short ETFs by market value. I was surprised when among the first few places in the list I found an ETF (`LYX0FW`) on an index that tracks the 2x *inversely* leveraged futures on German 10y government bonds. I didn't know that such E... |
What would qualify as capital gains to be taxed on in this scenario? |
A [great answer](https://money.stackexchange.com/a/140764/20280) by [Manziel](https://money.stackexchange.com/users/92213/manziel) but it doesn't actually answer the question: _Is there a threshold (in effort, or capital) beyond which it makes sense to be an active investor?_ Luckily, it leads right to the actual answe... |
I live in California (San Mateo County). I recently started an LLC (in Delaware) since I am running a SaaS business on the side. I didn't start it in California since I am planning to move to a different state very soon.
Now I need to issue an invoice to a customer in Ukraine. Assuming the invoice is for $250 how mu... |
How much (if any) tax should I add to an invoice issued by my Delaware LLC while being in California to a Company in Ukraine? |
Since I still live with my parents I've been saving money for a while. All these savings amount to around 15 months of my current salary.
Now I need a car.
Cars are pretty expensive. I don't want to buy a used car and be stuck with mechanical problems to be fixed every now and then. That costs money.
So I deci... |
It's worth it to be an active investor when, *net of fees*, your careful stock picking can reliably beat the performance of an index fund charging 0.07% expense ratio.
However, it is not enough to beat it. You must beat it by more than the salary you would earn if you did something else with your time.
Sin... |
Block 14 of my W2 says $40,000 RSU. My paystub itemized the $15,000 tax deductions (fed, state, SSA, etc..). Out of the remaining $25,000, twenty thousand dollars were deposited to my E-Trade account, kept it there and did not sell. The remaining $5,000, although I did not receive, was added to my total income and t... |
Block 14 of my W2 says $40,000 RSU. My paystub itemized the $15,000 tax deductions (fed, state, SSA, etc..). Out of the remaining $25,000, twenty thousand dollars were deposited to my E-Trade account, kept it there and did not sell. The remaining $5,000, although I did not receive, was added to my total income and t... |
As stated by the US Treasury:
> With a rise in the index, or inflation, the principal increases. With a fall in the index, or deflation, the principal decreases.
I'm curious why a TIPS ([912828QV5][1]) bond maturing on **07/15/2021** (in 2 months) is priced at **$101.22**, when the index ratio is **1.18456**. Isn... |
Why does the price of a TIPS bond not match the inflation adjusted principal near or at maturity? |
I’ve been trying to find a cryptocurrency exchange other than Robinhood (because I don’t trust them) that has no commissions. I would also like it to be possible to *not* to give them my bank account information in order to trade. Instead maybe using a credit card or writing a check and taking a picture of it (Fidelity... |
0 commission Crypto exchanges? |
Doing a quick research on Income Tax, I found this on:
> Government utilizes this revenue for developing infrastructure, providing healthcare,education,subsidy to the farmer/ agriculture sector and in other government welfare schemes.
<sup>Source: https://cleartax.in/s/income-tax</sup>
But there is another ki... |
How is the Professional Tax which I pay is used? |
If I wire a large amount of money from an online exchange to my bank account, will it get reported to the IRS?
Edit: this question is not related to the 2013 loan question answered below. |
> But there is another kind of tax that the state government charge is
> Professional Tax. How is this Professional Tax used?
The simple answer is to fund the activities of the state - money is fungible, so whatever money the state takes in with taxes it uses to pay for the things the state does - the source of the... |
- **Distributing** ETFs pay out dividends.
- **Accumulating** ETFs retain dividends and reinvest them internally.
- A **total return** index is an index that measures the performance of a group of components by assuming that all cash distributions are reinvested, in addition to tracking the components' price movem... |
- **Distributing** ETFs pay out dividends.
- **Accumulating** ETFs retain dividends and reinvest them internally.
- A **total return** index is an index that measures the performance of a group of components by assuming that all cash distributions are reinvested, in addition to tracking the components' price movem... |
So here's the scenario
- I own a rental property that's fully paid off and in my name
- I own an LLC that's specifically for my rental properties. Currently it's just being used to collect rent and doesn't have any properties in its name. This is changing very soon though.
- I have capital gains from other per... |
Is it conceivable that some kind of monetary reform would be carried out in western countries (or Europe, or Switzerland if that matters), in which assets and debts (mortgages) would be converted differently? Of course only in extreme conditions where inflation is very high.
Or other measures that could lead to the ... |
I thought it might be fun to add more detail on how a trade happens. I used to work as a programmer for day traders, and that was a wonderful crash course on how markets work on the second-to-second level.
At its core, a market is a set of buyers and sellers seeking to make trades with each other, and they declare t... |
**Do not buy a car. See update below.**
There are good answers already, let me add one that might seem tangential, but I feel is important, as it is very often ignored.
Do you **need** a car, or do you **want** a car?
- if the answer contains ideas like "I would get to the job quicker", "there is often bad weat... |
> Is it conceivable ?
Sure. Almost everything is conceivable.
It's not likely in the current environment but both economic and political conditions can change drastically and pretty much everything can happen: laws can be changed, constitutions can be changed, revolutions can overthrow governments, etc.
|
All zero commission stock brokerage firms I have looked at are able to offer zero commissions because of [payment for order flow](https://en.wikipedia.org/wiki/Payment_for_order_flow) (PFOF). Is PFOF a necessary component of zero commission stock trading, or are there alternative methods for stock brokerages to offer z... |
Is zero commission stock trading dependent on payment for order flow? |
According to [S&P U.S. Indices Methodology][1]:
> S&P Dow Jones Indices calculates multiple return types which vary based on the treatment of regular cash dividends. The classification of regular cash dividends is determined by S&P Dow Jones Indices.
>
> * Price Return (PR) versions are calculated without adjustme... |
I'm trying to calculate a portfolio's value using 2 types of calculations. I've tested the calculations on Visa's Feb 21' stock prices.
Starting Value: 10k <br>
Jan 29,2021 Adjusted Price: 192.95 <br>
Jan 29,2021 Close Price: 193.25 <br>
Feb 12,2021 Close Price: 209.96 <br>
Feb 26,2021 Adjusted Price: 212.39 ... |
I recently had a fraudulent transaction on my debit card (in the UK, where I am based). Having blocked the card, my main concern is to determine how much information has been stolen and how?
As this was an online transaction, the fraudster may have needed only superficial information regarding my card to complete t... |
Best way to trace possible root cause of card fraud? |
I graduated last May. I then got a job. Although I contributed a qualifying amount to a retirement account, according to form 8880 I am not eligible for the saver's credit because I was a student.
I've googled around, but I can't seem to find any reasoning behind this exclusion. I'm assuming that the 5-month rule... |
Why don't students get the savers' credit? |
I'm trying to calculate a portfolio's value using 2 types of calculations. I've tested the calculations on Visa's Feb 21' stock prices.
Starting Value: 10k <br>
Jan 29,2021 Adjusted Price: 192.95 <br>
Jan 29,2021 Close Price: 193.25 <br>
Feb 12,2021 Close Price: 209.96 <br>
Feb 26,2021 Adjusted Price: 212.39 ... |
I'm new to the stock market and was wondering why stocks are so expensive when the dividends are so low. One share of apple costs 127 and its dividend is .22$. What exactly makes it worth so much?
I understand that there are non-dividend paying stocks/stocks where dividends are negligible, but what exactly does a bu... |
What makes expensive shares worth it when the dividends are so low? |
When analyzing companies to invest in, one thing to note is their total shares outstanding.
What I understand is the more outstanding shares there are, the more investors positions are diluted. For a company that has a lot of shares, say 2.5B, how does this impact the share price? Does it mean that in order for the ... |
How do shares outstanding affect a stock's price? |
If I wire a large amount of money from an online exchange to my bank account, will it get reported to the IRS?
The money is coming from a Crypto trading exchange.
Edit: this question is not related to the 2013 loan question answered below. |
>What I understand is the more outstanding shares there are, the more investors positions are diluted.
That's not entirely accurate. Dilution happens when _new_ shares are issued, reducing the ownership percentage of existing shareholders. If I own 10% of the outstanding shares (regardless of how many shares that is... |
>What I understand is the more outstanding shares there are, the more investors positions are diluted.
That's not entirely accurate. Dilution happens when _new_ shares are issued, reducing the ownership percentage of existing shareholders. If I own 10% of the outstanding shares (regardless of how many shares that is... |
I am 23, and I'm following Dave Ramsey's TMM plan. I am concerned, however, about completely closing credit accounts etc. due to the fact that I am not yet a homeowner. I do not want to dig myself into a hole I cannot get out of. Dave Ramsey says credit scores do not matter in life if you pay everything with cash.
... |
Hoping for an answer ASAP. I just found out I have overcontributed to my 401k for 2020 (2 different employers). It's after April 15th so Fidelity can no longer withdraw the excess. However, I haven't filed my taxes yet. I still have 2 days! Should I go ahead and add that amount to my wages? Fidelity said the exce... |
> Does it mean that in order for the share price to move up and down,
> more volume is required because the number of shares is so large?
I don't see evidence that this 'weight' analogy fits the situation. A better analogy is the historical origin of stock markets, such as the Curb Exchange. It doesn't cost anythin... |
> Does it mean that in order for the share price to move up and down,
> more volume is required because the number of shares is so large?
I don't see evidence that this 'weight' analogy fits the situation. A better analogy is the historical practice of [open outcry trading][1]. It doesn't cost anything to call out ... |
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... |
Consider this unsolicited mini-tender offer: [Notice of Offer to Purchase for Cash Up to 2,000,000 Shares of Common Stock Of Microsoft Corporation at $280.00 Net Per Share by Tutanota LLC][1]
On the surface, this sounds like an excellent deal. The price of Microsoft stock (NASDAQ: MSFT) is currently $248, and this m... |
What are the intentions of those seeking to buy shares in mini-tender offers? |
Consider this unsolicited mini-tender offer: [Notice of Offer to Purchase for Cash Up to 2,000,000 Shares of Common Stock Of Microsoft Corporation at $280.00 Net Per Share by Tutanota LLC][1]
On the surface, this sounds like an excellent deal. The price of Microsoft stock (NASDAQ: MSFT) is currently $248, and this m... |
Consider this mini-tender offer: [Notice of Offer to Purchase for Cash Up to 2,000,000 Shares of Common Stock Of Microsoft Corporation at $280.00 Net Per Share by Tutanota LLC][1]
On the surface, this sounds like an excellent deal. The price of Microsoft stock (NASDAQ: MSFT) is currently $248, and this mini-tender o... |
As a UK resident, is it possible to invest on Vanguard Information Technology ETF https://investor.vanguard.com/etf/profile/VGT? If so how?
Thanks |
The answer can be found here in two different forms:
* https://www.bogleheads.org/forum/viewtopic.php?f=10&t=332099
* https://community.morningstar.com/s/question/0D53o00005K3UoYCAV/technical-feature-of-the-american-telephone-and-telegraph-att-convertible-issues
In short, there is an **implicit par value for the... |
The answer can be found here in two different forms:
* https://www.bogleheads.org/forum/viewtopic.php?f=10&t=332099
* https://community.morningstar.com/s/question/0D53o00005K3UoYCAV/technical-feature-of-the-american-telephone-and-telegraph-att-convertible-issues
In short, there is an **implicit par value for the... |
The answer can be found here in two different forms:
* [Bogleheads](https://www.bogleheads.org/forum/viewtopic.php?f=10&t=332099)
* [Morningstar](https://community.morningstar.com/s/question/0D53o00005K3UoYCAV/technical-feature-of-the-american-telephone-and-telegraph-att-convertible-issues)
In short, there is an... |
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