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Personal Finance & Money : Recent Questions and Answers (Page 280)

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

If I owe £100k as a directors loan, do I have to pay back £100k

If I have a directors loan of £100k taken out in the UK and I am now look to pay this back. Would I be looking to pay the full...

Asked on 03/26/2021

3 answer

What is an escrow and how does it work? Practical example

I cannot understand the concept of escrow. Wikipedia provides the following example:Escrow generally refers to money held by a third party on behalf oftransacting parties. It is...

Asked on 03/26/2021

9 answer

Understanding 529 tax benefits and recapture (Illinois)

I'm a little confused as to how recapture works for 529 plans in Illinois (particularly with respect to playing for private school and possible changes in the state tax code.)...

Asked on 03/26/2021 by user105128

0 answer

How are remisiers in Malaysia and Singapore different from stock brokers in other countries?

In Singapore and Malaysia, some (most?) investors buy stocks through a "remisier". Remisiers are apparently special enough to get their own Wikipedia page:A remisier (also known as...

Asked on 03/26/2021

0 answer

What is this bond notation?

I'm taking practice exams for the SIE and along came this question: The last transaction in XYZ 5.50s 2030 was at 102. This bond is selling at: Answer: a premium....

Asked on 03/26/2021 by PintoBox

1 answer

How does the Up bank KYC work?

I recently signed up for Up bank. The process went like this: Go to to the website, download the app to your phone. Enter your phone...

Asked on 03/26/2021

3 answer

Selling options

When selling an option after you bought it (not writing one) how easily are orders filled for large quantities of contracts ($25,000+) Do these sell orders usually get filled easily...

Asked on 03/26/2021

1 answer

Is it safe to keep all my stocks with one broker?

I have an account with a "traditional" stock broker but recently discovered Robinhood which is quite convenient to use and is commission-free. Is it considered safe to keep all my...

Asked on 03/26/2021

2 answer

How does Ameritrade determine the amount of a reorganization fee for a reverse stock split (BIOC) & how does the fee affect income taxes?

How does Ameritrade determine the amount of the Mandatory Reorganization Fee for a reverse stock split by BIOC? I read a previous comment where the stockholder was charged $20...

Asked on 03/26/2021 by undefined TEXASCITIZEN

0 answer

Financial Plan: Monthly changing MRR

Not sure if this is the correct subforum of StackOverflow, but let's give it a try. I'm currently creating a financial model for a startup, and the monthly recuring revenue...

Asked on 03/26/2021 by John_Doe

0 answer

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