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Personal Finance & Money : Recent Questions and Answers (Page 102)

Find answers to your questions about Personal Finance & Money or help others by answering their Personal Finance & Money questions.

Why do escrow services use wire transfer?

Escrow services seem to typically require earnest money funds to be deposited via wire transfer. These days the wire transfer instructions will be surrounded by 50-point bold red text warning...

Asked on 07/18/2021

3 answer

Bought a domain before starting a small business (SMLLC), is it considered a startup cost?

I bought a domain ($3,000) right before I started a business SMLLC (single-member LLC). At the time, I thought that the domain can be treated as "start-up" cost so I...

Asked on 07/18/2021

2 answer

Reapplying for same credit card after collections

My Amazon's Chase credit card bill was sent to collections in March 2019 due to some financial issues I had. I paid off the debt completely in collections and my...

Asked on 07/18/2021 by dval

0 answer

What are the risk types for a large amount of savings in an index fund

I'm curious what are the possible things that can go wrong with storing half of savings in a single index fund. Specifically, I mean things other than the market going...

Asked on 07/18/2021

2 answer

Trying to understand the difference in 2 scenarios of gifting property

I'm in the US. I have 2 different scenarios related to gifting of a property and I'm trying to understand why scenario 1 feels legal and scenario 2 feels illegal....

Asked on 07/18/2021 by pdanese

3 answer

Why would a company care about the price of its own shares in the stock market?

After a company has issued shares, why should it care if the value of the shares fluctuate?Since the shares are now publicly traded, if the value fluctuates, that is...

Asked on 07/18/2021

13 answer

How do I safely transfer money from a US bank to a UK bank?

I am currently living in the UK after many years in the US. I want to safely transfer some money from my US bank (Ally bank) to my bank account...

Asked on 07/18/2021

0 answer

How can new cryptocurrencies form when the 51% attack exists?

Recently, I learned about the concept of the 51% attack which a malicious actor could perform on a cryptocurrency. Essentially, if you can control >50% of the...

Asked on 07/18/2021

2 answer

Why did I get a 1099-R (and am being taxed) for a whole life policy (for me) that my parents transferred to me?

Last year my parents 'transferred to me' what I think was a whole-life policy. They had been paying small premiums on it for years (I'm 47), said it had some...

Asked on 07/18/2021

0 answer

How to remove the gap from the chart in TWS?

TWS shoes a gap for the time which the market is offline. How to remove the gap? Is there any way to see the pre-market and aftermarket time but hide...

Asked on 07/18/2021

1 answer

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