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1500 questions
29
votes
7 answers
Why does Charles Schwab have a Mandatory Settlement Period after selling stocks?
Whenever I sell stocks with Charles Schwab, I cannot access the cash for 3 days after the day I make the sale. A coworker told me that this was called a "mandatory settlement period".
I was unable to determine the reason for this - is this a…
Matthew Moisen
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29
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5 answers
Why would someone who thought they will work until they die contribute to a pension plan?
One of the shocking graphs going round at the moment is from many millennials expect to work until they die:
Now I'm a UK millennial who wants to retire early, however if I did think I were going to work until I die, why do I have to contribute* to…
Bad_Bishop
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29
votes
9 answers
Should I pay cash or prefer a 0% interest loan for home furnishings?
I live in France. I bought an apartment with a mortgage a month ago.
I've been buying plenty of stuff for this apartment like furniture, decoration, oven, etc. And I still need to buy other stuff.
I've been offered to pay some of them cash and some…
dotixx
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29
votes
7 answers
Making a big purchase over $2500. I have the money to cover it. Should I get a loan or just place it on credit?
I am planning to make a big purchase. I have the money in savings to cover it, but I don't want to drop $2500 all at once if I can avoid it.
I have a credit card with a $9000 limit, but I know that going over 10% threshold can hurt credit.
Credit…
Jason
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29
votes
12 answers
How can I legally and efficiently help my girlfriend build equity by helping with a mortgage?
I am in a committed relationship -- but for various reasons don't want to get married. I just bought my first apartment for $200,000 on a 30 year mortgage. My girlfriend will be living with me but her name is not on the mortgage. We are trying to…
bernie2436
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29
votes
6 answers
What, if any, are the downsides of direct deposit?
After many years, my employer is offering direct deposit.
I've used direct deposit before at other jobs.
Are there any downsides or cons to using direct deposit?
Matthew Rodatus
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29
votes
6 answers
Where do countries / national governments borrow money from?
It seems that every country on Earth is in debt, but nowhere on the news do they ever mention to who. If countries are all in debt to each other then why not just cancel all the countries debt.
If it's one central place why don't all countries just…
Jonathan.
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29
votes
5 answers
If I have $1000 to invest in penny stocks online, should I diversify risk and invest in many of them or should I invest in just in one?
I have $1000 to invest. I use Scottrade to invest in penny stocks online, they charge $7 to buy a stock and another $7 to sell it ($14 in total). Given the high volatility of these stocks, what tactic should I use in order to maximize my EXPECTED…
Zipote
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29
votes
5 answers
Unsolicited e-transfer: Can I send the money back or am I getting scammed?
Out of the blue, I got sent $50 I wasn't expecting over Interac e-Transfer. Now, the sender has emailed me saying it was a mistake. I want to do the honest thing and send them back their money, but it looks too much like a classic scam.
I've checked…
mm201
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29
votes
2 answers
What does "Yield Curve" mean?
In the financial news we often read about the Yield Curve. What exactly is it?
JTP - Apologise to Monica
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29
votes
8 answers
I closed my CU checking/savings accounts. Weeks later the bank auto-paid my rent. Now they want me to pay them back
I requested the closure, and I was mailed my balance and told that my account was now closed, all dome in writing through the messaging system. Weeks later they paid my rent. Now they want me to repay them, even though I completely closed the…
jesse banwell
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29
votes
2 answers
How to split bills without it showing as income?
I take dance lessons with one other person: we share the teacher's time 50:50 and pay half the cost each. Currently, my partner pays this money into my bank account and then I pay the teacher. However, I worry that the tax authority will see this as…
niemiro
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29
votes
3 answers
Are currency terms like USD, EUR, CNY used in all languages?
Currency codes like USD, EUR and CNY are well known in English. In accountancy documentation prepared in non-English languages, are these same terms used for foreign currency or are they translated?
For instance, Google Translate gives these…
Hand-E-Food
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29
votes
6 answers
How can I know if a debt collector is holding onto a debt?
Some time ago, I was contacted by a debt collector. A prior landlord had claimed I had owed them six months of rent. The landlord sold the debt to a debt collector, who then silently held onto the debt for several years, building up interest, before…
Village
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29
votes
5 answers
Should tenants pay for repairs if it's their fault?
Say a tenant accidentally flushed a hard object down the toilet, is it better for the tenant to take care of the plumber bill or call the landlord? Would this be good grounds for a rental raise in the future if calling the landlord?
Lightsout
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