Q&A :
L1 Visa US to India (and vice versa) transaction tax implications for Wire transfer and Cryptocurrencies?
Anurag TiwariOct 08, 2018
My brother is moving to the United States with an L1 visa. What would be the tax implications for me and for my brother in the following scenario 1- I send $3000 as...
How to add TransferWise Borderless Account as a Bank Account in Paypal
Aminah NurainiOct 08, 2018
I want to withdraw my money in Paypal to TransferWise Borderless Account since the conversion rate by TransferWise is much higher than Paypal. I want to add it as a Bank...
How important is future big purchases (house) when setting up guaranteed investment accounts?
Kaito KidOct 08, 2018
I moved out of my parents’s house a couple weeks ago. I moved into an apartment in a big city and I am not sure yet if I will like it here or not. I have no idea...
Business Bank Account vs Personal Bank Account
Cody RutscherOct 08, 2018
What is the best practice when opening up a business bank account for a business that I anticipate to be worth more than $250,000. Does the FDIC insure amounts more than...
Is threatening to close the account a good way to negotiate with the bank?
Gabriel DiegoOct 08, 2018
I have an account with Bank of America who removed some features of the account without my consent and I want to get back those features for the same price it cost when...
How do I form a portfolio with excess return scaled down?
JadoOct 08, 2018
Say we have a market of only 1 stock along and a bank from which we can borrow. Say the stock has an expected return of 10 % and the bank charges 5 % interest on...
No provision for beneficiary at HSBC
BluedogVIPOct 08, 2018
Background: My wife and I live in California (if that matters) and have a living trust. My wife and I recently opened an online savings account at HSBC. APY is 2.01...
Is buying a powerful motorcycle on loan is a good idea?
ShellZeroOct 08, 2018
I am thinking of purchasing a Ducati motorcycle. Its price, including taxes, is about $22K. I don’t own a car so I have no car payments. I had a $50k education loan...
Can you get umbrella insurance from a different company from where you get your basic home/auto insurance?
user11599Oct 08, 2018
I presently have auto and house insurance with a single company (call it company X). They have a local agent and the cost and responsiveness is quite nice, so I’d...
Are there any statutes of limitations on insurance claims?
BrimbyOct 08, 2018
I damaged my car a year and a half ago, and at the time I was mad and embarrassed at my mistake to the point that I just ignored it ever happened, even though I have...