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1500 questions
24
votes
11 answers
Why do people invest in the stock market when it is forecast that a drop should occur?
When reading different financial media, it is often mentioned that the stock market's drop in the spring of 2020 was not the actual bottom. Some believe that there will be a recovery close to the level before the crisis began. If looking at several…
Limon
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24
votes
9 answers
What exactly happens to my mortgage debt when I sell my mortgaged home?
Let's say I am buying a house for 100k. I put 10% down (10k) and my bank gives me a loan of 90k. However I also become liable for paying interest on that 90k, e.g. with total of 30k that I need to pay off in 20 years. This makes my overall debt be…
Little
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24
votes
6 answers
What does Benjamin Graham mean by "Those who speculate make money for their brokers"?
In The Intelligent Investor, page 36, Zwieg, who is writing the commentary, states "those who invest make money for themselves. Those who speculate make money for their brokers." Why is it the case that brokers profit off speculators?
Franklin V
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24
votes
5 answers
Who are the buyers and sellers that determine the bid and ask price?
It's commonly explained that the price of a stock is determined by supply and demand. You can see the bid price (highest price a buyer is willing to pay for the shares) and the ask price (lowest price a seller is willing to sell the shares).
My…
CognisMantis
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24
votes
9 answers
401(K) Very high negative rate of return
I am 26 yo and have total $27.5k contributed to my 401(K). I have chosen 2045 Blackrock target date fund and my 2020 first quarter rate of return is -37% due to the current market blood bath. I have lost around 7.5k in the first quarter itself in…
qrius
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24
votes
6 answers
Would it make sense to buy a rental property as an LLC and not in my own name?
I'm considering buying a rental property. Would it make sense forming an LLC and purchasing it in the name of my company, rather than owning it directly?
Considerations:
pros:
I don't want my name to appear on public records as the owner, I get…
littleadv
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24
votes
2 answers
Did Johnson and Johnson really pay a 25% quarterly dividend in 1978?
I looked through some of the old Dow Jones stocks for a project I'm working on and found some inconsistency with JNJ stock. For a share price of $1.66 they appeared to pay $0.42 in quarterly dividends which would more than double any money put into…
user2741831
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24
votes
7 answers
What are the advantages to banks being located in the City of London (the Square Mile)?
This question is about the City of London, i.e., the Square Mile, not greater London.
There are an awful lot of international banks located in the City of London. What advantages are there to having a bank located here?
not_Rich
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24
votes
5 answers
401(k) investment after being fired. Do I own it?
A friend was released from their job after 4 years, not vested. I understand 5 years are required to be vested.
Are they entitled to the contributions they made to the 401(k)?
Lisa C
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24
votes
3 answers
How does a dealer (or market maker) earn the bid-ask spread on a stock?
If I am correct, dealers purchase assets for their own accounts, and
later sell them for a profit from their inventory. But the
spreads is the difference between buy (or "bid") prices and sell (or
"ask") prices at the same time. So how can dealers…
Tim
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24
votes
8 answers
Asking bank to reduce APR instead of increasing credit limit
My credit card just notified me that they raised my credit limit (unsolicited). This would do well to my utilization and thus improve my credit scores overall. However, my overall utilization across all credit lines is already less than 10% (with…
perennial_noob
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24
votes
6 answers
How can I get a refund from a seller who only accepts Zelle?
I am wanting to purchase an item and the seller only accepts Zelle. If I send a payment and do not get my item, is there a way to get my money back?
Joy
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24
votes
7 answers
Should I stop contributing to retirement accounts, and instead focus on expanding our real estate investments?
My wife and I are in our later 30s and make about $100,000 per year from salary. We also net about $40,000 from rental properties that we have purchased over the past several years. Our essential monthly expenses are about $2500.
We've been…
painter48179
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24
votes
1 answer
Why would the IRS ask for birth certificates or even audit a small tax return?
My daughter and her boyfriend live together, and he is the sole earner in the home. They each have a kid plus 1 together. H&R Block told them that he didn't make enough to do his return and now the IRS wants birth certificates. I'm a retired…
Jen
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24
votes
2 answers
What is the best way to pay large tax amount owed to IRS?
I recently did a preliminary calculation of my taxes for 2018 and discovered that I am going to owe the IRS about $16,000. I do not have this amount of money in reserve.
My question pertains to the best way to pay this amount. Options as I see…
Mark
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