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Personal Finance & Money : Recent Questions and Answers (Page 3)

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

Does lender care what I use the money for?

In terms of a private loan between two private individuals, are there any limitations to what credit receiver (lender) can use the borrowed money for ? Extreme examples might be...

Asked on 12/15/2021

2 answer

Why is proof of income requested for certain loans but not others?

I have over 100K in credit available, and have NEVER been asked for proof of income. In fact, my income is far below 1/8th of my credit line. I can...

Asked on 12/15/2021

7 answer

UK Capital gains tax

If I invest £100,000 in the stock market, and assume, for the sake of argument, they rise in price 100% in a year. I then sell £24,600 worth in the...

Asked on 12/15/2021

2 answer

Do I have to declare an income below my Personal Allowance?

I'm in the UK and planning to start a side business. The income from my current job doesn't exceed my tax-free Personal Allowance of £12,500 a year, nor do...

Asked on 12/15/2021

2 answer

How does trade work?

I assume that I trade an asset. I bought it with a price of 650. I sold it with a price of 750. Then, I bought it again with a...

Asked on 12/08/2021

1 answer

Publicly Held Shares versus Float. Are they the same?

According to Investopedia and finance.zacks.com, Stock Float is defined as number of outstanding shares minus closely-held shares (Company officers, directors may be long-term holders; or restricted shares that have restrictions...

Asked on 12/08/2021

0 answer

Cash ISA restrictions in the UK

I'm trying to understand the restrictions on putting money into cash ISAs in the UK. Currently, the government homepage says "Every tax year you can put money into one of...

Asked on 12/08/2021

1 answer

What are the pros and cons of trading in low leverage high volatile markets over high leverage low volatile markets

I am comparing traditional stock markets with the Forex market here. I have noticed stock market have relatively limited leverage but have more change % as well as as volatility....

Asked on 12/04/2021

3 answer

What is the difference between the "Document Format Files" and "Data Files" sections in EDGAR?

I was looking at Coca-Cola's 2019 Form 10-K filing in EDGAR. Screenshot: I know...

Asked on 12/04/2021

2 answer

Does the Black-Scholes Model apply to American Style options?

After reading the Wikipedia article on the Black-Scholes model, it looks to me like it only applies to European options based on this quote:The Black–Scholes model (pronounced /ˌblæk...

Asked on 11/28/2021

6 answer

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