finance

EDIT: thanks for the advice guys, I’ll look into cheaper. Hi guys, long story short, I applied for a 36k loan for a new car, I fell under the necessary income line and asked if my mum could go guarantor, they informed us that guarantors don’t exist anymore. So mum has tried to put the loan in...

As the title says - my grandmother is in poor health so my folks have taken over her estate and finances. She had a fair amount saved away so in order to make something with her taxes easier or cheaper or something (I’m not positive the exact reason) each of the grandkids is getting a $15,000...

So client who’s 90yo, networth roughly 1M and declining health. Accountant called with client saying client has 40k in carry forward losses and he wants me to realize 40k in gains so the losses aren’t wasted if client passes. While I agree the losses would be wasted if client passes and the...

Hi guys, I’m 22 years old, I came to Switzerland almost 2 years ago alone ( from Portugal) so i didn’t have much options to chose the work i wanted so i was obligated to work in construction until now. I’m currently looking to change but it’s difficult because i don’t have any CFC or major...

Let's take in a 10.000 euro mortgage with a fixed interest rate of 2,5%, where the interest is non-compound, and there is a 5-year repayment period. In year 1 there will be a payment of 2.000 euros going towards paying the principal (10.000 euros / 5 years). There will also be an interest of...

Last year, my in-laws gave us 6% of the purchase price for our house ($35,400) with the understanding that we give them 6% of the sale price when we sell or in 7 years, whichever is first. Our house is now valued at 625k so we owe them $37,500 and this will continue to rise most likely. I think...

Hi everybody, after learning a lot on here, i have set up an emergency fund and want to put the rest of my savings into some etf’s like VWCE and AGGU. I would like to do this by dollar cost averaging and putting in about €300 p/m. I read that de Giro would be the cheapest broker to do this...

26F, working 2 jobs, 7 days a week. Opened ATO to see $18k tax withheld - initial thoughts “ok maybe I’ll get a little back”, then proceeded to have a mental breakdown after seeing estimated tax amount owing of $6.3k. Compulsory Higher Education Loan repayment being $4.7k. Really feeling that...

Me 30 & my wife 26 are buying a house new build worth $930k in Waikato on a family income of $180k with 10% deposit. Looking at mortgage of roughly $842k with 0.75% LEM added. I am getting a bit of cold feet as we would only be able to save $1000 a month tops after paying mortgage, rates, bills...

When you see lots of articles such as https://www.forbes.com/advisor/au/personal-finance/will-australia-go-into-recession/ for Australia or https://economictimes.indiatimes.com/markets/stocks/news/wall-street-chorus-grows-louder-warning-that-2023-will-be-ugly/articleshow/96056822.cms saying a...

Hello everyone, Suppose, someone is maxed out their pension. And save up to about 500 Euros a month in a savings account. The irony is savings accounts don’t yield much return. Therefore, would it be reasonable to invest about 100 Euros/ month in few stocks (E.G. a pie like option in...

My final post about which of the world's biggest convivence store chain makes for the best investment is out here (7-Eleven, FamilyMart & Lawson are all tradable on TSE): Kings of Convenience: Lawson The Lawson analysis really shocked me in how badly the company is run even though its store...

Hi all, I'm getting conflicting results between ChatGPT and Gemini when I ask the same question. I was wondering if anyone can help clarify which is the correct answer? The question asked was if i have $250,000 in my savings account, and i have a choice between 6.15% interest compounding out...

So I got into financial trouble after losing my job and maxed out my credit card. Now I’m putting the balance in a 0% interest balance transfer while I get back on my feet and my mother is telling me to close the credit card account. It’s my oldest credit account (I only have two and no...

Hi, I have this allocation in my ISA right now: LifeStrategy® 80% Equity Fund - Accumulation 18.6% FTSE Developed World ex-U.K. Equity Index Fund - Accumulation 33.4% S&P 500 UCITS ETF - Distributing (VUSA) 47.2% Each month I pay in to the FTSE and S&P funds, though the S&P growth outpaces...

I just filled up my car at an Esso station. Price at pump said 142.9 c/L. I redeemed some PC points to get a supposed 10c/L off. Pump shows I put in 53.578L for $72.56, or 135.4 c/L, saving me about 7.5c/L, not 10. Am I missing something? Or do they just lie? I wanted to print a receipt but it...

25 y/o male living in NYC making $76K at a fortune 500 company. There is good opportunity for a promotion in the 9-12 month range and great visibility in my role now. my post tax monthly take home is about $4800. I contribute to get the max company match on my 401(k), about $760/month, current...

I was checking 2 different areas on Suumo, and both results have more than a couple of apartments put on sale from the same building. In Hachioji 6/15 are "Sun Grande Hachioji"...

Hi r/eupersonalfinance, Im part of a team of computer and data scientists from a university in Copenhagen aiming to apply our knowledge and competences on the stock-market. Therefore we created KurmAI. We are hoping to learn more about whether retail investors trust AI in the stock market...

so turbo tax said i was supposed to get X amount, but i ended up getting less than X/2 on my federal returns. i don't have any kind of tax debt or anything like that and my state returns were already done beforehand, so i know it wasn't them. do they ever break up the federal returns?