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Personal Finance & Money : Recent Questions and Answers (Page 118)

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

Did the New York Stock Exchange ever close on a weekday so they could file paperwork?

I recently heard that the New York Stock Exchange used to close once a week so that they could organize the paper trades. I can't find anything online about it....

Asked on 07/09/2021 by bgadoci

2 answer

Why would a life-insurance company agree to a 20-year guaranteed life annuity which is expected to pay out more than the principal?

I'm working through a paper on lifetime annuties, and in the paper, the following example is presented: With an initial purchase of $100,000, and a guarantee period of 20 years,...

Asked on 07/09/2021 by Andrew Harris

10 answer

If I move out of state for 6 months to work remote, how do I setup my tax residence?

Currently my wife and I are living in California. I work remote for a company there. I am not a US citizen but I have an EAD (work authorization) in...

Asked on 07/08/2021 by smagnan

2 answer

Options - large block purchases

One thing doesn't add up in Options in my mind - just trying to see if someone can explain it. Say someone has placed a huge, large Buy to open...

Asked on 07/08/2021

1 answer

Why did the CBO market disappear?

I can't even find data for collateralized bond obligations (CBO) for recent years. What happened to the CBO market?...

Asked on 07/08/2021

0 answer

Rapids (RPD) cryptocurrency: 3190500% increase in 1 hour

I noticed that the price of Rapids (RPD) cryptocurrency increased by 31,915,000% (market cap: $400bn) in 1 hour yesterday on 8th May. Shortly after (5-10 minutes), the price dropped by...

Asked on 07/08/2021

1 answer

What do single quotation marks in the price of futures mean?

What are those single quotation marks in the price, and how to read them?...

Asked on 07/08/2021

1 answer

Live market data confusion

I have been exploring different data packages for a while and I learned that simply level 2 means top of the book (best bid/offer) for a specific exchange. In order...

Asked on 07/08/2021

0 answer

Is income tax a revenue-based tax?

Recently I was discussing taxes and politics with a family member and they highlighted the difference between how corporations and citizens are taxed.Corporations pay tax on profits --not revenue. This...

Asked on 07/08/2021

2 answer

How to determine how much to keep in a health savings account

We are a family of healthy people (30s/40s, kids in elementary/middle school). I've got an automatic contribution for my health savings account. The balance grows and grows. We've barely had...

Asked on 07/08/2021

3 answer

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