Personal Finance & Money Questions, Problems & Solutions : TransWikia.com ~ Page 217

Why are options that cannot be traded in cents still show a last trade as non-five-cent increments?

I read Why do some options trade in 5 cent increments? but despite that I see some options I cannot trade in pennies ( not broker specific), but I...

Asked on 05/05/2021

1 answer

What is the purpose of budgeting if all I need to do is look at my bank/credit card statement?

I have read over Reddit's wiki on budgeting. I rarely pay with cash so I already have a record of transactions I made with payment cards. My pay...

Asked on 05/05/2021 by titchseason

11 answer

Why are there SEC net capital requirements for brokers?

This explains that the net capital rule is for the "ability of broker-dealers to meet their financial obligations to customers and other creditors." My understanding, however, is...

Asked on 05/05/2021

1 answer

Case against home ownership? High income, no home, don't necessarily want one

All numbers are in USD and my tax situation pertains to US taxes. I am at a crossroads and am seeking help. I am a single man who has always...

Asked on 05/05/2021 by PropositionJoe

12 answer

What is a "Broker Broker's Trade" in the municipal bond market?

I was looking at the historical trades of a municipal bond using the Municipal Securities Rulemaking Board (MSRB) Electronic Municipal Market Access (EMMA) website: ...

Asked on 05/05/2021

0 answer

Vanguard Total Stock Market vs Vanguard STAR for retirement

I'm about 17 and my Vanguard Roth IRA is now ready for an investment. I was wondering which of the above two funds would be suited as a retirement fund,...

Asked on 05/05/2021

2 answer

What is the benefit of buying a share

Absolute beginner question? Why should I buy a company's share? What am I entitled for? In a parallel universe I have managed to buy apple's 100 shares at $10 costing...

Asked on 05/05/2021 by SimplePlan

4 answer

Paying property taxes at refinance closing

I'm refinancing my existing mortgage, just to lower my payment, no cash out, in California. I currently have an impound account to pay for taxes and insurance but don't plan...

Asked on 05/05/2021 by Nolo Problemo

4 answer

Why should I buy a principal protected note from the bank when I can create one on my own?

I was looking at principal protected notes (PPN) at a bank (link: CIBC Principal Protected Notes). It says:The return of your CIBC PPN depends on the performance...

Asked on 05/05/2021

2 answer

Protecting wealth when stock is in bankruptcy

Earlier this year, I put a large percentage of my wealth into JC Penney Company stock. It was a huge gamble, and I ended up losing big time as...

Asked on 05/05/2021 by Jor70

2 answer

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