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Personal Finance & Money : Recent Questions and Answers (Page 233)

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

Robinhood - should I expect to receive a tax document?

I started investing last year with a small amount so my dividend earnings for 2020 is only about $5. Robinhood says that my tax document should be available on...

Asked on 04/25/2021

1 answer

How do you calculate the break even price point for a crypto trade with fees?

Consider the following problem: LIMIT BUYTotal: €1,000 (starting balance)BTC Price #1: €50,000Fee: 1,000 * 0.5% = €5Amount: 1,000 - 5 = €995Purchase BTC: 995 / 50,000 = ₿0.0199LIMIT SELL...

Asked on 04/25/2021 by Ratata

1 answer

What's the double-entry bookkeeping method for tracking a Safe-to-Spend balance and amounts saved towards goals and expenses?

The bank Simple has three great features:Safe-to-SpendGoalsExpensesThe Safe-to-Spend balance is pretty simple: it's just the balance in your...

Asked on 04/25/2021 by Chris Calo

1 answer

No options, no shares available for short sale

I want to bet that certain stocks will decline in price, but they have no options and there are insufficient shares available for a short sale according to my broker....

Asked on 04/25/2021 by ak87

1 answer

How does Robinhood stock broker make money?

I recently downloaded the Robinhood app that states it charges $0 commission for its trades. If so how do they stay in business by doing this? Is there something they...

Asked on 04/25/2021 by Source Code

4 answer

Does having several kids really mean I don't pay any federal taxes?

My wife and I are foster parents, and long story short we are planning to adopt three kids this year. In anticipation of this I went ahead and considered the...

Asked on 04/25/2021 by Nosjack

2 answer

Impacts on RBC banning USO explaining to a futures beginner

As you might be aware of this recent news: "RBC Capital Markets has informed United States Commodity Funds, the operator of the USO ETF, that they may no longer hold...

Asked on 04/25/2021

1 answer

Taxes on PPF Interest Amount

Do I have to pay taxes on the PPF (Indian Account) interest amount in USA even though I am not withdrawing or distributing?...

Asked on 04/25/2021 by Harshita Garg

0 answer

Expense of precious metal ETFs and tax implications

I am trying to understand how precious metal ETFs actually collect their fees. I know that for a stock ETF, expenses are collected by charging the shareholder's brokerage account a...

Asked on 04/25/2021

1 answer

Will I have to repay some of the 3rd stimulus check?

I got the full amount for the third stimulus check. ($5,600 for a family of 4) I just did my taxes for the 2020 year and an online calculator shows...

Asked on 04/25/2021

2 answer

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