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Personal Finance & Money : Recent Questions and Answers (Page 13)

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

Why didn't my buy limit order become the highest bid?

I am trying to buy a stock that is $307 bid and $312 offered. I placed a buy limit order for 1 share at $307.10. However, the best bid remained...

Asked on 10/05/2021

1 answer

Should I have received 1099-MISC for bonus on new account opening?

I received a $100 signup bonus for opening a new account with CapitalOne Checking account in USA. I kept a low balance and received very little (less than $1) interest....

Asked on 10/05/2021

1 answer

Taxes on growth - Traditional vs Roth 401K

Let's say I can put $10K today in my 401K. Let's assume this investment theoretically grows to $100K by the time I retire. Putting aside income brackets for a...

Asked on 10/04/2021

3 answer

What is meant by a fund?

I read in the book Indian Economy by Ramesh Singh (in the chapter Indian Financial Market):Money market fulfils the requirements of funds for a period of up to 364 days.What...

Asked on 10/04/2021

2 answer

Why ever use a market order?

I've read all the explanations online. Use market to fill quick, regardless of price. But... How that is that different from a sell limit of 0 or a buy limit...

Asked on 10/04/2021

5 answer

Using financial news releases to trade stocks?

Am I right in assuming that a company's financial news/statements are first released on their website? If this is the case then isn't it possible to keep an eye on...

Asked on 10/04/2021

3 answer

If stock price drops by the amount of dividend paid, what is the use of a dividend

I have heard that some people buy stocks based on how much dividend they pay, because dividend is considered 'income'. But if I buy a stock for 100$ and it...

Asked on 10/04/2021

9 answer

Handling rent debt in California

Due to the pandemic, I was unable to pay rent for my apartment complex that I have now moved out of. I do not have the money to pay this...

Asked on 10/04/2021 by Fay

2 answer

What happens with funds whose underlying is in a different currency if there is hyper-inflation?

Let's suppose that a british investor invests in a mutual fund whose underlying is in american dollars, but which is bought in pounds sterling. This means that the fund's managers...

Asked on 10/04/2021

1 answer

2020 Backdoor Roth IRA Conversion in 2021 - Concern/Questions

In 2019, I did a backdoor Roth IRA conversion that went off without any problems (put $6000 into traditional IRA, converted to Roth IRA). In 2020, I was looking to...

Asked on 10/04/2021 by cmk2901

1 answer

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