Discy Latest Questions

  1. Yes there are a certain conditions for you to qualify as an accredited investor. The regulations for accredited investors vary from one jurisdiction to the other and are often defined by the local market regulator or a competent authority. If we talk about US then there are some set conditions. To bRead more

    Yes there are a certain conditions for you to qualify as an accredited investor. The regulations for accredited investors vary from one jurisdiction to the other and are often defined by the local market regulator or a competent authority.
    If we talk about US then there are some set conditions. To be an accredited investor, a person must have an annual income exceeding $200,000, or $300,000 for joint income, for the last two years with expectation of earning the same or higher income in the current year. An individual must have earned income above the thresholds either alone or with a spouse over the last two years. The income test cannot be satisfied by showing one year of an individual’s income and the next two years of joint income with a spouse. The exception to this rule is when a person is married within the period of conducting a test.
    While a person is also considered an accredited investor if they have net worth exceeding $1 million, either individually or jointly with his spouse.
    Also an entity is an accredited investor if it is a private business development company or an organization with assets exceeding $5 million. Also, if an entity consists of equity owners who are accredited investors, the entity itself is an accredited investor.

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  1. Payroll is a process followed by companies to give their employees wages. It can also be referred to as a list of employees who receive compensation from a company. Importance of payroll for the business: 1. Attracts fresh talent: A company that makes on time payments to there employees is always soRead more

    Payroll is a process followed by companies to give their employees wages.
    It can also be referred to as a list of employees who receive compensation from a company.
    Importance of payroll for the business:
    1. Attracts fresh talent: A company that makes on time payments to there employees is always sought after.
    2. Legal responsibility: Managing payroll well keeps company away from legal repercussions.
    3. Reduces tax: It can help in reducing the state tax.
    You can read more about payroll on https://www.feedough.com/what-is-payroll/

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  1. Hedge funds are a kind of pooled investment. Looking at an example let's say we have Janny as a hedge fund manager. She manages a portfolio of assets for different institutional clients, and she implements different strategies for each client depending on their investment profile. Here, Janny is resRead more

    Hedge funds are a kind of pooled investment. Looking at an example let’s say we have Janny as a hedge fund manager. She manages a portfolio of assets for different institutional clients, and she implements different strategies for each client depending on their investment profile. Here, Janny is responsible for overseeing the investments that she selects for her clients as well as to make appropriate decisions for achieving a high return on investment and is extremely careful in the HF strategies she chooses for each portfolio. She is also given fees and receives all the other perquisites anyone would have as a manager. Hence, Janny would try to make all the right decisions for her clients to get more profit.

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  1. Profitability are the metrics to assess ability of a company to generate profits from its operations. Three main profitability ratios are: 1. Gross Margin: It tells you how much it costs you to produce goods. Gross Margin = Gross Profit / Net Sales * 100 2. Return on Assets: How much profits can beRead more

    Profitability are the metrics to assess ability of a company to generate profits from its operations.
    Three main profitability ratios are:
    1. Gross Margin: It tells you how much it costs you to produce goods.
    Gross Margin = Gross Profit / Net Sales * 100
    2. Return on Assets: How much profits can be generated from available assets.
    Return on Assets = Net Income / Assets * 100
    3. Operating Margin: It takes into account cost of production that is unrelated to direct production. Eg: Admin expenses
    Operating Margin = Operating Profit / Net Sales * 100

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  1. A stock is a asset that represents a part of ownership of an organization. Stocks of an organization are gained in exchange of capital. Stocks make the holder owner of a part of company's assets. The part of ownership is the amount capital invested to gain the stock.

    A stock is a asset that represents a part of ownership of an organization. Stocks of an organization are gained in exchange of capital. Stocks make the holder owner of a part of company’s assets. The part of ownership is the amount capital invested to gain the stock.

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  1. According to a definition on Wikipedia, "a vulture fund is a hedge fund, private equity fund or distressed debt fund, that invests in debt considered to be very weak or in default, known as distressed securities." Broadly speaking, we can say that a vulture fund aims to invest in the assets whose prRead more

    According to a definition on Wikipedia, “a vulture fund is a hedge fund, private equity fund or distressed debt fund, that invests in debt considered to be very weak or in default, known as distressed securities.” Broadly speaking, we can say that a vulture fund aims to invest in the assets whose prices have been severely depressed in the market. These assets could be of a bankrupt company or a failed business. This done with the goal to identify assets that have been irrationally oversold below fundamental value, or where a positive turnaround is predicted. These assets can have high-risk but potentially high-reward bets.

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  1. Yes, you do need to pay taxes on crowdfunding. Its just like how it works for any other income, since its a part of your income you do need to pay taxes for it. There are also a certain rules regarding it, if you are using the accrual basis, you must report income when you earn it, at the time it isRead more

    Yes, you do need to pay taxes on crowdfunding. Its just like how it works for any other income, since its a part of your income you do need to pay taxes for it. There are also a certain rules regarding it, if you are using the accrual basis, you must report income when you earn it, at the time it is due to you or when you receive it, whichever comes first. Also, using the accrual method does not allow you to postpone the recognition of income you have received.
    Lastly I don’t think this income should be argued to be a gift , and if you still wanna argue on it then it should be a convincing case.

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  1. Yes Rayon, it is possible to do it but I don't think that its worth it because of the high cost involved. You can exchange your currencies on Changelly. Although mining bitcoins is not that cheap to do on your hardware, it would require you to have a powerful CPU and an undoubtedly fast and secure iRead more

    Yes Rayon, it is possible to do it but I don’t think that its worth it because of the high cost involved. You can exchange your currencies on Changelly. Although mining bitcoins is not that cheap to do on your hardware, it would require you to have a powerful CPU and an undoubtedly fast and secure internet connection. It is so because you shall know how volatile this cryptocurrency is, if you miss even by few seconds because of slow internet then it could lead you to lose a fortune. That is why I would suggest you to rather opt for cloud mining.

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  1. No, you won't necessarily face a tax bill on the proceeds when your policy matures. As stated under the Section 80C and Section 10(10D) of the Income Tax Act, 1961, you will get a tax exemption on maturity and final payouts. Although it could really depend from company to company, state to state orRead more

    No, you won’t necessarily face a tax bill on the proceeds when your policy matures. As stated under the Section 80C and Section 10(10D) of the Income Tax Act, 1961, you will get a tax exemption on maturity and final payouts. Although it could really depend from company to company, state to state or nation to nation.

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  1. Everything comes with its own pros and cons so does annuity. Firstly, a common disadvantage is annuity income will be taxed just like ordinary income, so there is a chance that your tax rate could go up between now and the time you want your annuity to start paying out. Also, high fees can often beRead more

    Everything comes with its own pros and cons so does annuity. Firstly, a common disadvantage is annuity income will be taxed just like ordinary income, so there is a chance that your tax rate could go up between now and the time you want your annuity to start paying out. Also, high fees can often be associated with annuities, which can make them among the most expensive investment products on the market.
    Annuities may become a barrier for your flexibility as early withdrawal often means paying a penalty. At the same time, some annuities do allow penalty-free partial withdrawals or disability/hardship exceptions to fees. It can also be noted that annuities restrict the investment options available and saddle investors with limited choices.

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