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Personal Finance & Money : Recent Questions and Answers (Page 417)

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

When is it 'ok' to borrow from a 401k to purchase a house?

What market conditions would tip the scales for you to make borrowing from your own 401k a 'good' idea? The self-loan would help to increase the down payment and reduce...

Asked on 12/28/2020

3 answer

How are tax rates for Roth and Traditional IRAs determined?

I know Roths are all the rage since they were introduced, but I'm not necessarily seeing how or why they are the way to go. As most of you...

Asked on 12/28/2020 by motley

3 answer

Chances of 23 y/o getting approved for a £10k credit card to buy a car?

So my old car has had its time and I'm looking to buy a 3-4 year old car for around £9-10k. I have personal savings exceeding this amount so buying...

Asked on 12/28/2020

2 answer

Tax implications of working from another state due to coronavirus

I work for a company in California which is recommending all employees work from home because of the coronavirus pandemic. I am thinking about working from Michigan instead as an...

Asked on 12/28/2020 by carpediem

2 answer

Away from the UK most of the tax year - can I ask to be considered a non-resident?

I spent less than 75 days in the tax year of 2019-2020 in the UK. For about 3.5 months in that tax year I was renting a flat in London...

Asked on 12/27/2020

1 answer

How does ownership in fractional shares work?

I've been trying to find out some more information about fractional shares, and how they work. I understand conceptually, you own x% of a share rather than x "full" shares,...

Asked on 12/27/2020 by as646

1 answer

What does "closing date" for an offering mean?

NNDM is doing a direct offering of 30M at $6 per ADS: "The closing of the registered direct offering is expected to take place on or about December 9, 2020,...

Asked on 12/27/2020

1 answer

Options for retirement investing if no company 401K available

Due to some unexpected circumstances and poor planning in 2014 neither my wife nor I have been able to contribute to a company run 401K plan. My employer does not...

Asked on 12/27/2020

1 answer

Is the stereotype of a businessman shouting "SELL!" and "BUY!" into a telephone in any way attached to reality?

In numerous cartoons and whatnot, you see a rich businessman shouting "BUY!" or "SELL!" into a telephone. Sometimes, it's just that, and sometimes, they may shout the slightly more specific:...

Asked on 12/27/2020 by Jordaan

3 answer

Selling options on acquisition

I've been trying to understand this hypothetical scenario wherein a company in which you own options is acquired. In it, the author posits you own .67% and...

Asked on 12/27/2020

2 answer

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