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1500 questions
33
votes
4 answers
Why would someone announce they are selling a large number of shares of a company?
Lukas Walton offloads stake in First Solar shares
First Solar (NASDAQ:FSLR) announces secondary offering of 8.65M common shares from Lukas T. Walton, or approximately 8.2%, of the Company’s outstanding common stock.
Why would Lukas Walton do this?…
Allure
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33
votes
5 answers
Why are some listed companies so "cheap" in the market? What would happen if I use my money to buy 100% of its shares?
I noticed that some companies have only 100,000 market cap.
And it's listed company that you can even buy its shares easily. The turnover rate is even > 100% which means it has enough liquidity.
What would happen if I use my money to buy all its…
AGamePlayer
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33
votes
9 answers
Life insurance as a lottery ticket
Suppose spouse1 and spouse2, aged 55, and children aged 17 and 19. Both spouses purchased 20-year term life insurance 19 years ago. The insurance is no longer needed to support either spouse or children in the event of a spouses's death.
The bill…
jsf80238
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33
votes
8 answers
Why do personal finance apps focus on outgoings rather than income
I am looking at using a money management app, rather than just my own Excel spreadsheet, for my personal finances.
The way I've always thought about my money is "I have a fixed amount of income which I can't exceed, so I need to look at my outgoings…
simonalexander2005
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33
votes
5 answers
Is it appropriate for a prospective landlord to ask me for my credit report?
Context
I'm looking at renting a house.
The application the realtor sent me specifies:
Below is what is needed to submit an application on [Address]
and a few lines below specifies:
Credit Report (CreditKarma.com or comparable is fine)
I…
KareemElashmawy
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33
votes
9 answers
How do you send money when you're not sure it's not a scam?
I've been hunting around for an apartment recently, and along with the countless posts on Craigslist, I found one with a good price but slightly strange story. The poster claims to have been sent to another office out of state by his company for a…
TheEnvironmentalist
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33
votes
12 answers
how to justify the higher price of luxury cars in comparison to their counterpart and when test driving these vehicle what specifically to look for
After reading Who can truly afford luxury cars? and also from my own need to buy a car and past history of always driving Honda/Toyota/Nissan but not their luxury brand Acura/Lexus/Infiniti.
When I looked at these cars, I could not justify the…
riya
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33
votes
8 answers
Mortgage adviser recommends a longer term than necessary combined with overpayments
My wife and I are currently househunting and have, as part of this process, had a preliminary meeting with a mortgage adviser. They asked all the expected questions about finances to see what our monthly payments would be and how much we can…
Richiban
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33
votes
5 answers
ESPP--any reason not to go all in?
I'm just finishing up paying off my student loans (woohoo!) and am starting to look at places I can put my money to make it work for me. I've read Kobliner's Get a Financial Life and am interested in starting with ETF's, but I have a slight…
scohe001
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33
votes
4 answers
I've been scammed, but have the scammer's bank information
I was scammed by a person who 'rented' us a home that was listed for sale that he didn't own.
There were a lot of red flags along the way, and I noticed them, but didn't act as we were desperate to find a home.
He gave me account and routing…
SomePerson
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32
votes
7 answers
Bought stock at higher price than current price
I wanted to buy stock ABCD at a price of 880. The current price was 900. When I bought, I set 980 instead of 880 and it was fully executed. I don't understand how it is possible to buy stock at a higher price than current price?
Now let's say I own…
sonu agrawal
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32
votes
6 answers
Transferring balances left over prepaid credit cards
How can one transfer small balances, leftovers, on prepaid credit cards?
I actually have 6 or 7 prepaid Visa or Mastercard cards left with balances between $1 and $4. I would like to get rid of them. I do not want to throw them away.
Is there a way…
Armando
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32
votes
8 answers
Math Behind Buying a House
Is following calculation correct?
I spend $1500/month on average on rent. If I rent for the next 3 years, I would be spending $54,000.
I can buy a house for $220,000 today and spend the same amount on the mortgage.
In 3 years, if the market gets…
picmate
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32
votes
4 answers
When should I start an LLC for my side work?
I am doing quite a bit of sidework this year and wondering at what point would it be a good idea to "start a business" and bill through that.
Jeff Martin
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32
votes
9 answers
Can I buy a new house before selling my current house?
I am looking to sell and buy a house. But with the current market being as crazy as it is (houses are selling fast for sometimes 150,000 over asking), I'm afraid if we sell first, we could be stuck without a new house. Or stuck settling on or…
Hlick
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