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Personal Finance & Money : Recent Questions and Answers (Page 241)

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

How can I connect my PayPal account with my Fidelity account?

How can I connect my PayPal (based in the United States) account with my Fidelity account? I don't see Fidelity amongst the bank options when trying to add a new...

Asked on 04/20/2021

1 answer

Why do banks give loans instead of buying assets themselves?

There was asked a similar questionwhy don't banks invest money in mutual funds or shares instead of giving personal loans It was about buying fonds and shares. Those...

Asked on 04/20/2021 by Yan Khonski

3 answer

Should I worry about credit utilization if I always pay in full?

I just got my first credit card (several months ago)! I'm reading about credit card best practices, and I see credit utilization over and over again. One site that really...

Asked on 04/20/2021

1 answer

If I earn my 40th Social Security credit mid-year, is my Medicare Initial Enrolment Period when I earn the credit or when the credit is filed for?

I'm a doozy of an edge case. I'm above 65 and will become eligible for Medicare mid-year 2024, which is when I'll have earned my fortieth Social Security credit on...

Asked on 04/20/2021

0 answer

New HSA contribution deadline for previous tax year

I had a qualifying event which resulted in a new High Deductible Health Plan (HDHP) with new HSA active as of 2021-01-01. I've been making contributions pre-tax through my employer...

Asked on 04/20/2021 by user108251

2 answer

Authorized share capital vs Market cap

I learned that a company cannot raise more funds than its authorized share capital. How come then all the public companies have a market cap lot more than their declared...

Asked on 04/20/2021 by sidekickbottom

1 answer

My parents live in England. I live and file taxes in the US. I want to make them an interest free loan to buy a house. Payable at death / house sale

I considered purchasing it as joint tenants in common but that triggers stamp duty on the entire purchase as I’m a non UK resident. I thought they may...

Asked on 04/20/2021 by Helen C

0 answer

Carry trading using forward contracts

I am curious as to how someone performs a carry trade using forward contracts. I've read that you go long on the currency that has the higher interest rate but...

Asked on 04/20/2021

1 answer

Thoughts on this wash sale scenario

I traded options and believe had several wash sales. Does it matter if they're puts or calls or sell to close or expired? Is it possible they're not wash sales...

Asked on 04/20/2021

1 answer

How does the tax computed in a 1031 exchange when the new property is worth no more than the equity?

Confused about the 1031 exchange in partial defer... My case is as follows:I got an investment property in Los Angeles, USA which I plan to sell for 850K.I got that...

Asked on 04/19/2021 by RapidoMundo

0 answer

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