Stock Question by stephymarie13: How do capital gains work for transferred stock?
I received IBM stock as a gift from my grandmother (under the taxable gift amount). We cashed the stock in shortly after. When we went to have our taxes prepared, we were told we would need the cost basis from when my grandmother purchased the stock. When I called IBM, they told me I would only need the cost from the date of transfer. Who is accurate?
Best answer:
Answer by tro
since it was gift to you, your basis is 0
had you inherited the stock the basis at the transfer would be effective but you say this is a gift, and I don’t know anyone who pays for a gift (other than Jesus Christ)
Online investing Question by Polankousnmdeming: how do I start an successful online business without investing, or having to make a sophisticated web page?
Money Question by amyr1996: money?!?????????????!?
if i was selling something to someone and i lost the check they gave me then i tell them that the office threw it away and i might get in really big trouble for lying and losing the check.should i use my own money to pay for it?should i tell those people the truth?what should i ddo and how do i avoid big trouble????????
if i tell them the truth they might get mad
i could just tell them i got the check and then lost and make up for the money with my own money
Best answer:
Answer by Lucky Me Tell the truth so they can stop payment on the check. They can resend another.
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Money
She works hard for the money so hard for it honey she works hard for the money so you better treat her right She works hard for the money so hard for it honey she works hard for the money so you better treat her right Onetta there in the corner stand and wonders where she is and it’s strange to her some people seem to have everything Nine am on the hour hand and she’s waiting for the bell and she’s looking real pretty just wait for her clientele She works hard for the money so hard for it honey she works hard for the money so you better treat her right She works hard for the money so hard for it honey she works hard for the money so you better treat her right Twenty five years have come and gone and she’ seen a lot of tears of the ones who come in they really seem to need her there It’s a sacrifice working day to day for little money just tips for pay But it’s worth it all just to hear them say that they care She works hard for the money so hard for it honey she works hard for the money so you better treat her right She already knows she’s seen her bad times she already knows these are the good times She’ll never sell out she never will not for a dollar bill she works hard She works hard for the money so hard for it honey she works hard for the money so you better treat her right She works hard for the money so hard for it honey she works hard for the money so you better treat her right She works hard for the money so hard for it honey she works hard for the money so you … Video Rating: 4 / 5
Money Crisis Question by BritishMale: If banks create money out of thin air when they loan people money- why did the sub-prime crisis matter?
If all money is debt, and it is created as and when they feel/can- surely it would be no loss when sub-prime mortgages cannot be paid back?
Banks get original deposits from the fed and Government, but as stated in the Federal Reserve publication “Modern Money Mechanics” it is explained that the deposits put in banks by Government and the Federal Reserve “Of course banks do not actually use this money to create loans,”. Electric money (which accounts for 97% of the money in circulation in the USA) is deposited into their respective accounts and in reality is very very rarely withdrawn.
The contracts alone act as sufficient money for trading, as banks are 99% of the time going to get their money back, and so the conversion of these contracts to legal tender is enough to increase the money supply.
Don’t correct people on a system you don’t understand yourselves.
Answer by Steve D Banks do not create money out of thin air – the money lent out is based upon the amount of deposits a bank has less the required reserve. For example…Bank A has $ 1 million in savings deposits from customers and the Fed requires a 10% reserve…the bank deposits $ 100K with the Fed in its reserve account and can lend out the other $ 900K. The bank makes money on the interest spread, which is the interest made on the $ 900K in loans less the interest paid on the $ 1 million in deposits and overhead (bank buildings, salaries, etc.).
Let’s say that in our example, someone with a $ 100,000 sub-prime mortgage defaults…The bank now has assets of $ 900K (800K in remaining “good” loans plus $ 100K in reserves) to cover the $ 1 million in deposits. Not a good situation if everyone showed up one day and withdrew their money.
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Money Crisis
Niall Ferguson, MA, D.Phil., is Laurence A. Tisch Professor of History at Harvard University and William Ziegler Professor of Business Administration at Harvard Business School. He is also a Senior Research Fellow at Jesus College, Oxford University, and a Senior Fellow at the Hoover Institution, Stanford University. www.niallferguson.com Video Rating: 4 / 5
Car finance Question by soonerfan20: Car Finance ?
GM is offering 0% financing, and I was wondering what type of credit score you have to have to qualify.
Best answer:
Answer by Frank C In this credit market you will need a 690 or better for these 0% plans.
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Car finance
Please check out my Forum www.hostingphpbb.com Thanks BBC Look East news 11th9th09 Luton fire engine crash 11 people injured. Lord Mandelson says Luton car factory job cuts cannot be rouled out Luton teenager arrested after man was shot Luton South MP absence causes concern Video Rating: 5 / 5
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. “NASDAQ” originally stood for “National Association of Securities Dealers Automated Quotations”.It is the largest electronic screen-based equity securities trading market in the United States and second-largest by market capitalization in the world.As of January 13, 2011, there are 2,872 listings.The NASDAQ has more trading volume than any other electronic stock exchange in the world.When the NASDAQ stock exchange began trading on February 8, 1971, it was the world’s first electronic stock market. At first, it was merely a computer bulletin board system and did not actually connect buyers and sellers. The NASDAQ helped lower the spread (the difference between the bid price and the ask price of the stock) but somewhat paradoxically was unpopular among brokerages because they made much of their money on the spread.
NASDAQ was the successor to the over-the-counter (OTC) system of trading. As late as 1987, the NASDAQ exchange was still commonly referred to as the OTC in media and also in the monthly Stock Guides issued by Standard & Poor’s Corporation.The NYSE or New York Stock Exchange provides one of the quickest and most dangerous ways to make a lot of money. People looking to get into serious trading often make a series of beginner’s mistakes that sucks up their investment and leaves them penniless. If you want to begin trading stocks, it’s important to keep a few Stock Tips in mind before beginning.
Don’t throw all of your money at one stock, hoping it’ll make a million overnight. The stock market is a tricky, sometimes unpredictable beast. The best way to make money from the stock market is to play it safe. Only invest one to ten percent of your monetary income in the stock market. Spread it out over different investments. Put a little money in speculative stocks but put most of your money in low-risk or stable stocks, which are usually referred to as Blue Chips. Look for stocks that have not only paid dividends but have increased their dividends steadily over the years and that are growing their earnings year over year.
A company’s stock price reflects what investors think about the stock, not necessarily what the company is “worth.” For example, companies that are growing quickly often trade at a higher price than the company might currently be “worth.” Stock prices are also affected by all forms of company and market news. Publicly traded companies are required to report quarterly on their financial status and earnings. Market forces and general investor opinions can also affect share price.
About the Author
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Car finance Question by smarterchild_usa: car finance?
hi. i bought my new lexus IS250 on the first of this month and its only been nine days now. i finaced the car through lexus financial for $ 24500 with a 7.40% APR for 60 months and my payment every month is $ 493 including the interest. i called lexus financial and they told me that they still dont have an account set up for me and it takes 2 weeks for them to set up an account. i wanted to go ahead and pay the $ 24500 balance in full to lexus dealer with a personal check. the dealer told me that i might have to pay some interest if i pay off the car. now my question is that how much in total do i have to pay to pay off the car in full. the total interest for 60 months is 4987. thank you in advance for your help.
Best answer:
Answer by The Scorpion It would be a relatively small amount of money only for the period of two weeks or so, it’s not even relevent. I don’t understand why you didn’t just pay for it if you were able. It sounds like the dealer was just trying to get you to finance it instead of paying for it. They want you to finance it because it’s part of the “back-end” of the deal for them.
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Car finance
This documentary series looks at Auckland’s transport problems, and exposes a number of “urban myths” about why it cannot be changed. Episode 2 looks at the claim that Auckland is “too spread out” for sustainable transportation to work. The myth that Auckland is more dispersed than comparable cities is debunked; world-renowned transport and sustainable city guru, Professor Peter Newman, explains how Perth – a less dense city than Auckland – has built a successful and popular rail system; and the extent to which Finance Minister Michael Cullen has been captured by roading lobbyists is revealed. Video Rating: 4 / 5
Financial Crisis Question by : Are businesses becoming greedy now because of this “financial crisis”?
It seems to me that businesses or insurances are taking advantage of people using the excuse of the financial crisis. Anyone else see this happening?
Best answer:
Answer by Millie yes
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Money creation Question by boosue84: Has anyone worked for Angel Pins?
I’m looking for something I can do to bring in extra money after my kids go to bed. I’ve seen mixed reviews on Angel Pin Creations, and I was wondering if anyone has actually worked for them? How was it passing inspections, was it worth it time put in relative to payoff, etc?
Best answer:
Answer by ash check out ripoffreport. They are mentioned a lot
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Money creation
Hi guys, welcome to our Money Making Guide 2011 Series. In this series we will cover hundreds of different money making methods that range from a number of different things, some involving skills, some combat, and some nothing at all! Millions can be made with this Runescape Money Making Guide In this episode we see how you can make a profit by collection various items from around Runescape from Swamp Tar, to Blue Dragon Scales! www.Twitter.com Video Rating: 4 / 5
Stock Question by NX!: What exactly are stocks in the stock market?
Please anwer all if possible:
What are stocks?
How do they work?
What is the stock market?
What are all the companies that i find market doing in the market?
Please, if you can, tell me all there is about stocks, the stock market, etc.
Best answer:
Answer by Garret C Stocks are shares of a company you can buy
They are proof that you bought them
The market specifically used for buying and selling stocks at a moments notice
Selling their stocks or buying theirs and other stocks
