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Personal Finance & Money : Recent Questions and Answers (Page 332)

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

How are retail forex brokers different from betting shops?

I'm struggling to find differences between bookmakers and retail forex brokers (e.g. OANDA). The former deals with horse racing, greyhound racing and sports, while the latter deals with currency exchange...

Asked on 02/21/2021

4 answer

Level 2 manipulation: types and how to spot

I've heard in quite a few trader interviews and trading videos to be wary of manipulation tricks used in Level 2 (Depth-of-Market [DOM] and Time-of-Sale [TOS]) to deceive "retail" traders,...

Asked on 02/21/2021

1 answer

Can you use vouchers as tax free bonuses for employees in the UK?

Preface:My brother has now worked for several large banks that have given him vouchers for bonuses (or I believe they called them prizes) for reaching targets. Yet I can find...

Asked on 02/21/2021 by GazB

1 answer

Strategic rollover from traditional to Roth IRA for a young person (pre-retirement)

So we have this:Contributions to traditional IRA: Pre-taxDistributions from traditional IRA: Taxed at the time of distributionContributions to Roth IRA: Post-taxGrowth and distributions (qualifying) from Roth IRA: Tax-freeSuppose I'm young...

Asked on 02/21/2021 by jcm

2 answer

Can a buyout announcement cause a short squeeze above the announced takeover price?

Consider a company with heavily shorted stock. If that company puts itself up for sale and a friendly (shareholder approved) acquisition happens, can it result in a ...

Asked on 02/21/2021

1 answer

Should I prioritize repaying my 401(k) loan over maxing out my 401k contributions?

I took out a $22,000 loan (over 7 years) against my 401(k) for the purchase of a new home. I currently owe $15,000 on that loan. While I make 401(k)...

Asked on 02/20/2021 by user103233

2 answer

No more income. What are my options to keep my S-Corp from dissolving?

I classified my single member LLC as an S-Corporation to take advantage of the tax advantages for qualifying small businesses as an independent software contractor. This worked well while generating...

Asked on 02/20/2021

2 answer

Tax implications of long term financial advisor fraud

Our family trusted financial advisor that was entrusted with over a million dollars (over the past 10 years) filed for his company and personal bankruptcy earlier this year. He...

Asked on 02/20/2021 by EBro

1 answer

Question regarding present value with discount rate

I am a novice at finance subjects and need to find out Present value given a few details The university fees of $45,000 a year will have be paid starting...

Asked on 02/20/2021

1 answer

What is the name for a company formed only to make an investment?

What do you call it when someone gets X number of people who all want to invest in Y company; so u create a corp where equity is spread among...

Asked on 02/20/2021

2 answer

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