Victor

Sydney, Australia

I have a love for Personal Investing and believe that every individual should improve their educational levels in Personal Finance and Investing so they are better able to look after their own financial futures.

12h
reviewed Approve suggested edit on Placing bid in market price
1d
comment Invest in (say, index funds) vs spending all money on home?
In Australia (and maybe other countries) if you do make extra payments into your mortgage, in many cases you can easily re-draw on those extra payments. Even better with most lenders you can set up a savings account as a linked offset account and any extra funds deposited into the savings account will reduce your interest payable on the mortgage as if the funds were directly deposited into the mortgage, and it is very easy to withdrawal when you need the funds. Makes parking your money into your mortgage very convenient and accessible.
Feb
27
comment Sell your home and invest in growth stock mutual fund
What country are you in? It is a good idea to have a country code.
Feb
25
reviewed Approve suggested edit on I'm being asked for installment tax payments, but I just started as a salaried employee. What should I do?
Feb
24
reviewed Approve suggested edit on Book for balance sheet reading?
Feb
24
comment How do people trade stocks outside of the price step range? (Selling at $1.5 when you can only enter trades for $1 and $2)
possible duplicate of Why do stocks priced above $2.00 on the ASX sometimes move in $0.005 increments?
Feb
20
comment How does shorting ETFs work? What are the costs and tax implications?
Why don't you look into bear ETF's (I'm not sure if that is what you mean by "inverted ones"), their price goes up when the index goes down.
Feb
19
reviewed Approve suggested edit on Does it make sense to invest in bonds when interest rates are likely to rise?
Feb
19
comment How much of my capital should I spend on subscribing to a stock research company?
Firstly who is the research company, and secondly and most importantly, have you got a written plan incorporating when and what you will buy, when you will sell, your position sizing and your risk management. Then you need to figure out if the recommendations from the research company fit your plan.
Feb
18
answered Why do some stocks have trading halts and what causes them?
Feb
18
comment What is the smartest thing to do in case of a stock market crash
@Mossberg - NO, PEP (being PepsiCo Inc.) is a stock, it belongs to the Beverages - Soft Drinks Industry Group and the Consumer Goods Sector on the NYSE. By the way PEP fell 40% from its highs in late 2007.
Feb
18
comment What is the smartest thing to do in case of a stock market crash
@Mossberg - Pepsi (code: PEP) is a stock not an index !
Feb
18
comment What is the smartest thing to do in case of a stock market crash
@Mossberg - if you were invested in an index fund tracking the S&P500 in 2008, you would have lost about 40% (similar to the S&P500). I think it is you that doesn't know what you are talking about.
Feb
16
comment Correct term for describing how "interesting" a stock is to buy
Try using highest rated stock, after all you are rating the stocks not recommending them.
Feb
16
comment Total Yearly Expenditures for a Single Person in the USA
Maybe you should be concentrating on what portion of the $21K was wasteful spending which could be eliminated or reduced.
Feb
16
reviewed Close What is Service Provision?
Feb
16
reviewed Close The U.S. National Debt: What is it, where did it come from, and how does it work?
Feb
12
answered What are the consequences of being classified as a day trader, in Australia?
Feb
12
answered What is the smartest thing to do in case of a stock market crash
Feb
10
comment Why the call option premium sometimes does not decrease the further out of money we go
Isn't that just the last traded price? Options don't trade as often as stocks, so the last traded prices for different option could be from different time periods.
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