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1500 questions
21
votes
3 answers
What should be the income to list on a credit card application?
Consider a person with no income for the first 6 months of this year (from January to June), who gets a job offer for $AAA per year and applies for a credit card in July:
The credit card application asks for annual income. Is this the amount…
Job_September_2020
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21
votes
1 answer
I haven't filed a return to the IRS in 10 years
My employers have always withheld taxes and for the most part I've assumed they've done it right. I have probably owed a bit some years and been owed a refund some years.
Anyhow, I want to get straight with the IRS. I'm afraid to just start filing…
BackTaxes
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21
votes
6 answers
Landlord making up charges
We recently moved out of an apartment. Our lease term was completed with no dues on utilities etc. I was never late on paying rent etc.
The lease was ending on Feb-27th, but we returned keys on Feb-24th. Landlord has sent a bill that has a line item…
NRJ
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21
votes
11 answers
Why can't my LLC get a credit card when the owner has credit history and a good credit score?
I've started an LLC (US-based) and have an EIN that I'm bootstrapping myself and self-funding. All my addresses and details are registered in the US. I'm the sole employee, but have zero revenue as it has just been founded. It's a software company…
Grant
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21
votes
4 answers
Why aren't there automated systems already in place to recognize potential short squeezes and capitalise on them?
The whole Gamestop debacle has proved how profitable short squeezes can be. It essentially allows you to pressure large hedge funds who shorted too hard.
So I was wondering, why aren't there already automated systems in place by other funds that…
user2741831
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21
votes
4 answers
Could some of the other funds have done what Reddit did with Gamestop?
In general I understand the mechanism of the Gamestop event (short squeeze), but I am a bit confused as to why it happened only when Reddit investors got involved.
I would presume that anybody with enough money (and there are plenty of rich people…
NoSenseEtAl
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21
votes
4 answers
Undated cheque was given by client but client asks me continually not to deposit it
I received a cheque 3 months ago, which my client gave me to start a project and there's no date on the cheque. My client told me to ask him before depositing the cheque. The cheque was advance payment for the work. So I didn't start or complete…
karan ugale
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21
votes
5 answers
Why don't most people file Chapter 7 every 8 years?
Please explain to me why more people don't follow a formula like this:
Converting all their assets into exempted assets (for which there are tons of options, regardless of your state -- ERISA-qualified retirement plans; annuities; life insurance…
SAH
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21
votes
10 answers
Can you really always yield profit if you diversify and wait long enough?
It is a common assumption (and, as far as historical stock market data goes, also proven) that the stock market is always growing if you enlarge the time window long enough . In other words: The stock market always goes up in the long term.
Is,…
Stefan Woehrer
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21
votes
4 answers
Is this a Bitcoin scam?
Someone wants to e-mail me a check, take the check to my credit union's ATM, deposit it, withdraw a smaller amount in cash, and use the cash to buy Bitcoin to send to him.
Is this a scam?
Kim Sun
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21
votes
7 answers
What is a good rental yield?
If you are thinking of buying a property for investment purposes, what is a good gross yield?
I've been told you should take 3 zero's off the price of the property, so if a property is worth 400,000, it should be rented out at $400 per week.
That…
Joe.E
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21
votes
9 answers
What can someone do with a stolen wallet for a few seconds?
I was recently in the gym and left my keys, phone and wallet together on top of my jumper. I took my eyes off of them for maybe 5 seconds, which I now know is too long, whilst I went and got some more weights.
I came back and my wallet was missing.…
Jsk
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21
votes
4 answers
In terms of safety, what's the next best thing after government bonds?
For long-term investments (10+ years, or for retirement purposes, even 30+ years), what is the closest thing to government bonds that is almost as safe as them but with greater return?
The problem with government bonds in Europe/US is obvious.…
Quora Feans
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21
votes
2 answers
Why do market-makers usually win against traders?
I heard that market-makers — like TD Ameritrade and Fidelity – usually make profits while traders do not, especially in foreign exchange. Why is that?
Sean Taylor
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21
votes
4 answers
Can companies use reverse stock splits to liquidate my shares at unfavourable prices?
Suppose a stock is currently selling at $0.50, which I think is a severe undervaluation. Suppose I own 700 shares of this stock, and I don't intend to sell at the current price because of the severe undervaluation. Suppose the company then decides…
Flux
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