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How much money is in a portfolio? A common-sense strategy may be to allocate no less than 5% of your…ContinueWhat is the average cost of a portfolio on a trading site?

Does interest accrue during grace period credit card? A credit card grace period is a time during which your credit…ContinueHow to calculate credit card interest with respect to grace period transactions?

Peer to Peer Lending and Taxes If you are wondering whether you have to pay taxes on your earnings from…ContinueDo I need to pay tax if I earned 10 pounds interest from peer-to-peer investment?

One of the key benefits of a Roth IRA or Roth 401(k) is that, while contributions aren’t tax-deductible, both contributions…ContinueIf you rollover a Roth 401k to Roth IRA and immediately withdraw it, is there any tax or penalty?

When should I change my investment strategy? “In general, if you need the funds within the next three years or…ContinueIs it wise to switch investment strategy frequently?

What is the yield on municipal bonds? Nominal municipal bonds featured a yield to maturity of 3.18% as of April…ContinueWhy aren’t muni bond yields driven to the point of indifference?

For every account that meets the Form 1099-K requirements, including non-profits, the IRS requires Square to report this information. According…ContinueDo you pay income tax to the IRS when using a Square reader if you don’t meet their 1099-k requirements?

An enrolled agent is a person who has earned the privilege of representing taxpayers before the Internal Revenue Service by…ContinueIRS Enrollment Agent

What does is buyer maker mean? If the buyer placed the offer which the seller later took, the buyer is…ContinueWhat does “buyer is maker” mean?

Where can I look up historical stock prices? Since the early 1960’s Standard & Poor’s Daily stock price record has…ContinueAdjusted Historical Stock Prices?

It may come as a surprise, but wealthy people do it all the time, especially when interest rates are favorable.…ContinuePaying with cash vs. paying by loan and investing the money

However, if it’s a loan (with or without interest), it becomes tax-free. So, if your friend gifts you Rs 60,000,…ContinueWhat are the tax etc. implications of giving a friend’s company an interest free loan?

The reversals (with code Re) are done for the following three reasons: correction in dividend accruals, cancellation in dividend accrual,…ContinueHow to read “Change in Dividend Accruals”?

What banks are intermediary banks? An intermediary bank is also a middleman between an issuing bank and a receiving bank,…ContinueIs there a list of intermediary banks for the U.S. wire transfer system?

How can I bypass ATM fees? How to Avoid ATM Fees See if cards or digital wallets are accepted. ……ContinueDepositing and withdrawing money from another account to avoid ATM fee

What is the best long-term investment for children? Investments for Kids Stocks. Stocks represent one of the best investments for…ContinueI want a long term savings account for my daughter. How should I proceed?

A ticker symbol suffixed with additional letters identify that there are additional circumstances with the stock beyond a normal stock…ContinueWhat do the suffixes on stock symbols indicate

Should I pay off my 0% loan? For loans that have an interest rate above 0%, paying them off early…ContinuePayoff 0% Car Loan – Or?

If the cashback is true cash back, in other words either paid into a bank account or used to reduce…ContinueHow to handle cash back or rewards in Gnucash, what account

Credit unions tend to have lower fees and better interest rates on savings accounts and loans, while banks’ mobile apps…ContinueShould I use a bank or a credit union for my savings account?