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Personal Finance & Money : Recent Questions and Answers (Page 221)

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

Is a loan from a friend taxable in India?

If a friend of mine transfers money (say 5 to 10 lakhs Rs) to my savings account, does that amount count as my income and do I have to pay...

Asked on 05/03/2021

2 answer

Day Trade $25,000 again

If I have a margin Day Trade account, after some transactions/tradings there is only $25,000 cash in this account now. There are some cases for this Day Trade account I...

Asked on 05/03/2021

1 answer

US Treasury Bill will Mature on Thurs, Oct 22 - how to re-invest part of if before Maturity

I purchased 13-week Bill on US treasury. It will mature Oct 22. But I want to re-invest part of it today, Oct 18. When I log into my Treasury Direct...

Asked on 05/03/2021

0 answer

Will my property taxes change if I get it appraised for PMI removal?

I have studied questions around Mortgage Insurance removal and various experiences (mostly painful) with lenders in this process. I had budgeted and readied myself to make a principal payment to...

Asked on 05/03/2021

1 answer

529 distribution pro-rata with multiple accounts

With multiple Roth IRA accounts, distribution ordering rules treat all accounts as one. Does this rule generally also apply to 529 accounts? That is, if I am the owner...

Asked on 05/03/2021

1 answer

Can Having Less Debt Lower Your Credit Score?

Background: In preparation to buy my first house I've started keeping an eye on my (Experian FICO) credit score, and I've been seeing behavior that is very strange. After a...

Asked on 05/03/2021 by Matthew Jendrasiak

2 answer

Why do bonds have a high minimum investment requirement?

I can easily buy 1 share of a stock. The minimum investment amount for a stock is the price of one share (or even less, if one's broker allows the...

Asked on 05/02/2021

2 answer

Unable to close a short sell position in Fidelity even after buying the the stock

I performed a SHORT SELL for MRNA stock sometime back and then performed a BUY to cover the SHORT. Even after many days of buying the stock I still see...

Asked on 05/02/2021 by bankbank pincode

0 answer

Backdoor Roth vs Mega backdoor Roth contributions

I heard about Backdoor Roth IRA, and Mega backdoor Roth contributions. Are they one and the same? Or are they different? I ask because I know some folks who...

Asked on 05/02/2021

1 answer

Buying SWPPX from outside the US

I'm a non-US citizen currently residing in the US. I have a Charles Schwab brokerage account where I buy SWPPX on a regular schedule. In the event that I decide...

Asked on 05/02/2021 by learnlearnlearn

0 answer

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