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  • mutual funds - What exactly are minimum subsequent investment . . .
    I was looking at some mutual funds that list amounts for "initial" and "subsequent" investments under the "minimum investment" category At first I thought that the "subsequent" requirement meant that you had to invest at least that much every year or month
  • Is income from a check taxed according to the date written or the date . . .
    One problem with all the answers The Post Office is a delivery AGENT, but for which party? If the recipient instructed the check to be mailed, then the Post Office (or other carrier) is an agent for the recipient When the recipient's agent gets possession (deposited in a mailbox, postmarked), then the recipient has received it by agency
  • united states - How does paying extra on my mortgage affect my . . .
    How does paying extra on my mortgage affect my amortization schedule? Ask Question Asked 6 years, 6 months ago Modified 2 years, 5 months ago
  • Does monthly interest of 1. 5% AER mean that I will get a 1. 5% . . .
    "AER" means "Annual Equivalent Rate" This means that if you put in £100 on January 1st, it will pay you some amount of interest each month (roughly 1 12th of 1 5%, but actually more like 1 12th of 1 49%), so that by the end of the year, your total amount of interest earned will be exactly £1 50 With £10k invested, you will have £150 of interest earned by the end of the year
  • Is received check considerd as cash in accounting?
    Yes, undeposited checks are generally treated as cash since they are easily convertible to cash (and serve no other business purpose) Bank statement reconciliation is typically separate from (but related to) financial accounting, so "cash" on the balance sheet may not exactly tie to the sum total of all bank accounts at any given time, due to both incoming and outgoing checks that have not
  • What is a negotiable security and how are they related to derivatives . . .
    A negotiable security means the current owner does not have to be concerned about acquiring the asset via a bad chain of title b c he can always assert that he is a "holder in due course" defense against such claims, and have absolute security in his ownership right over the asset securities and derivatives are different securities are
  • If I sell a wash purchase at a subsequent gain, then buy back the same . . .
    So now I'm white-knuckling until I can sell when the price goes above $2 98 Finally, the real question is, if I sell at a Total gain, does that mean that if I repurchase the stock within 30 days, the wash won't come back to bite me again? I sure hope not This stock has serious promise of breaking out, and I don't want to miss it when it does
  • How does Yahoo finance adjust stock data for splits and dividends?
    When a data provider like Yahoo finance says that the closing price is adjusted for splits and dividends, what does that mean? A split will increase decrease the price by the split ratio, and a di
  • terminology - Understanding details for certificate of deposit: Explain . . .
    What does "Price (Ask)" mean? It says 100 - does that mean you buy in chunks of $100? What is "Yield to Worst (Ask)"? Is this the worst yield that this CD will return? Thanks for the assistance The final question is: 3 25% is the best yield I've seen from something as stable as a CD
  • Does a physical POS terminal expose my full bank card number to the . . .
    The first time it asks me for my email address and for subsequent purchases using the same credit card did not but just sends the email Scary as it sounds, they do have a link between the credit card used (or its hash) and email address stored within their system





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