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1500 questions
25
votes
6 answers

Should I sell mutual funds that are performing well or poorly first?

I have roughly equal investments across 4 different high-risk "growth" mutual funds -- let's just assume that other than all being high risk, they're fairly well diversified. Two of the funds are performing well (5-10% growth since purchase), and…
user85461
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25
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5 answers

How to donate money anonymously?

I would like to donate some money to a charity, but I would rather they not know who donated it. How could I go about this if cash isn't an option?
C. Ross
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25
votes
3 answers

What is a trust? What are the different types of trusts?

What is a trust? What are the different types of trusts? Are some better than others? What are the different roles involved in a trust?
Nat_Rea
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25
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1 answer

Why has IBM been trading at a fixed price of $118.95 in London for the last few years?

As far as I understand, IBM stocks are trading in New York at $141.83 currently, with 1.84m of shares traded daily(?) and some +7% change of price in the recent year: https://markets.ft.com/data/equities/tearsheet/summary?s=IBM:NYQ In Berlin the…
yeputons
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25
votes
1 answer

What does 'mutual' mean in mutual fund?

I am confused on the usage of 'mutual'. Is there any 'mutual benefit' or 'mutual dependence' between the participants (unit holders) in a mutual fund? It looks more like a 'mixed fund' with diverse items (securities) placed together in a single…
Divya K.S
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25
votes
10 answers

Why doesn't common investment advice include the idea of pulling out of the market during downturns?

The most common advice goes somewhat as follows: Every month, save as much money as possible after paying down your high interest bills Put that money into an index fund Reinvest dividends Enjoy your retirement in 50 years But it seems like…
JonathanReez
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25
votes
2 answers

Was this "sweepstakes" phone call a scam? And how would it work?

Earlier today I got a phone call from a man claiming to be from the city I live in. He said I had randomly won a sweepstakes from a pamphlet I filled out while shopping some time ago, and I would have to go to an office location with my partner in…
R. Barrett
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25
votes
4 answers

Letting Agent proposes relative to rent my house

We live abroad and rent out our family home in the UK. It is managed by a firm of Letting Agents with whom we have a good relationship. The current tenant is apparently about to give notice that they will move out within the next month or so, and so…
user432
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25
votes
7 answers

Can my dad remove himself from my car loan?

I bought a new car from a dealership, and my dad agreed in front of my husband and my mother to co-sign for me. The dealership allowed me to take the paperwork out to my dad's house and have him sign it. The dealership even talked to my dad at some…
Kristyn Keese
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25
votes
7 answers

Better terms to use to understand Puts and Calls for options trading

I've been trying to learn a little about options trading, specially puts and calls. The term options works well for my brain because someone is buying or selling the option to buy or sell something. So far, so good. But the terms put and call do…
End Anti-Semitic Hate
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25
votes
3 answers

Is becoming an Amazon seller profitable? Is it worth paying for a course?

Recently I have seen a lot of online courses about how to become an Amazon seller. They promise a huge monetary gain but it looks very strange to me. Can someone gain a lot of money only by selling stuff on Amazon or is this just a way to sell an…
Ion Stirba
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25
votes
3 answers

Can someone just forcefully take over a public company for its market price?

I am working for a Fortune 500 company. A recent drop in our stock price caused, let's say, some startle. Following that, one of our executives said in a global Q&A session in response to one question ("How can we be sure that none of our…
Zaibis
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25
votes
5 answers

What is the cost of health care in the US?

I was surprised to read articles about the cost of health care in the US. So, I became interested in this topic. My question; What is the cost of health care in the US? That would depend on the availability of insurance, but I'd like to get a…
Blue Various
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25
votes
2 answers

Do I need to pay taxes as a food delivery worker if I make less than $12,000 in a year?

I started working for Doordash, a food delivery service. Technically I think I am a self-employed contractor. I saw online that you don't have to declare taxes if you make less than $12,200 in a year. However I also read that you're supposed to…
deliveryguy
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25
votes
5 answers

If a bank fails, will debt be wiped out?

I have debt to Capital One. If they fail, and whoever the trustee is fails, will the debt eventually get lost in bankruptcy proceedings? Considering the Lehman bankruptcy is still ongoing, well past statute of limitations, wouldn't a major corporate…
user102461