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Personal Finance & Money : Recent Questions and Answers (Page 77)

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

How can a financial firm give a buy rating to a stock while placing its price target below the market price?

I read on https://www.cnbc.com/amp/2021/07/12/virgin-galactic-shares-rise-after-successful-branson-flight-paves-wave-for-space-tourism-industry.html:The firm has a buy rating on the company, but also placed a $35 price target on the stock, which is below its current...

Asked on 08/04/2021

1 answer

What happens if a large shareholder of a company goes bankrupt?

One of my positions continues to get beaten down by bad news. The latest is that one of its largest stakeholders might go bankrupt. My question here...

Asked on 08/04/2021

3 answer

ledger-cli Error: Incorrect use of thousand-mark period

I have a problem with ledger-cli while trying to transfer money between accounts with currency conversion. I have following record in ledger:2020/09/04 * Transfer Assets:Monzo ...

Asked on 08/03/2021 by Navidot

1 answer

Return of excess 401k contributions after rollover to IRA

Suppose the following:Contribute $50,000 to pre-tax 401k401k grows by 5%401k is rolled over to traditional IRAWhat is the proper course of action to return the excess 401k contribution? What...

Asked on 08/03/2021

1 answer

What happens if you don't pay the credit card or personal loan amount, and then leave the country?

My friend went to India without paying his credit card balances of around $150K. Now he is unable to pay due to losses in business. What kind of actions can...

Asked on 08/03/2021

1 answer

How do I choose one fund over another if "past performance does not indicate future performance"?

I want to grow my capital by investing in funds (e.g. exchange-traded funds, mutual funds). However, I always see this disclaimer: "past performance does not indicate future performance" (or similar)....

Asked on 08/03/2021

5 answer

Why no 1099 for short term capital gains from stocks?

I bought Google, Tesla, & some other fsmous stocks for total $370 in various times in 2019, & sold all of them for total $440 in February 2020. This makes...

Asked on 08/03/2021 by DavChana

3 answer

Where to report foreign income on 1040 Individual income tax return form

The 1040 Individual Income tax return form asks in field 1 to report wages/salaries/tips/etc and to attach forms W-2. If one received both income in the US,...

Asked on 08/03/2021

1 answer

When I send money to fund my account, what obliges a broker to put it in my account?

When I send money to fund my brokerage account, I send the money to a bank account which I can't know if it's personal or business. What obliges a broker...

Asked on 08/03/2021

2 answer

Why is the stock price so different between XTB and Yahoo?

When using XTB and looking for the stock of Lancashire Holdings Limited (LRE.UK) the price is about 6.39. Now when looking at the same stock in Yahoo...

Asked on 08/03/2021

1 answer

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