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Personal Finance & Money : Recent Questions and Answers (Page 411)

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

Which lots have to be sold in a wash sale?

Here's the scenario: I have multiple wash sales with the same company. Let's use Apple as an example where I'm day-trading in and out of Apple. The price continues dropping...

Asked on 12/31/2020 by QJoe

1 answer

Why oil traders selling oil on the day before expire date but not the other days earlier than that?

As you know, the oil price was negative on April 20th 2020 due to the future contracts expiration date. I am wondering why traders had to wait until 1 day...

Asked on 12/31/2020 by Ethan Alberton

2 answer

How may I gift/send money to a friend anonymously?

I have a good friend who I attended university with in the past. (in the US) I happened to get to know that they were having some money troubles, and...

Asked on 12/31/2020

3 answer

Why would a car company lend me money at a very low interest rate?

Why would a car company lend me money at 1-2% when they could lend it to the federal government at ~2.9% with zero risk?...

Asked on 12/31/2020 by user3474

7 answer

Why does demand for stock rise when a company appears to have high future value?

So a company decides to raise money by selling shares of its stock. The stock is offered at an initial price of their determination. The stock is then traded in...

Asked on 12/31/2020 by G-Wiz

3 answer

Is an S-Corp required to pay the sole owner/employee a wage if the S-Corp only has passive income?

S-Corp has passive income; does the single person owner need to be paid a wage on payroll?...

Asked on 12/31/2020

0 answer

Can a 501(c)(7) receive external donations from non-members?

United States/NYS here. Can a 501(c)(7) tax-exempt nonprofit ("social club") receive outside/external donations from non-members (individuals or businesses alike)? For example: lets say there's a 501c7 called the Anaheim Oatmeal...

Asked on 12/31/2020

1 answer

How should loan amounts be calculated relative to house purchase price?

Let’s say you’re buying a new construction home with a mortgage. I want to understand how the loan amount should be calculated relative to the purchase price. Specifically, is the...

Asked on 12/31/2020

2 answer

Why do Americans have to file taxes, even if their only source of income is from a regular job?

I live in Europe (Czech Republic) and as long as employment is my primary source of income I don't need to file any taxes on my own, as the company's...

Asked on 12/31/2020

12 answer

What's the average nest egg (savings) for someone age 26? Website for comparison?

How much money should a 26 year old have saved up? Is there somewhere that I can compare against online?...

Asked on 12/31/2020 by PHC1983

4 answer

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