Investing Questions and Answers

I found geoed to be exact a citrine beside alot of gold ingots its roughly 20" illustrious, I hear its worth millions is this true?

Someone told me a while ago that a woman had a citrine mineral beside gold contained by and sold it for 2 million, I just want to know if anyone else have heard of something similar to that? And what I should do now?


Answers: Do not supply it until you have it appraised by at lowest possible 3 appraisers The criteria for appraisal might be a person next to qualifications from the jewelry industry. Also don't deal in it to appraiser thats another conflict of interest get at hand opinions foot them and move to the market place to find a professional marketer that buys or take it to a central geoed event that happens annually!
Do research I know they come upon once a year on this matter of geodes to display them for public sale and for professional purposes.
I thought they met in California but i could be wrong
Talk to a geologist.
I hold read some on citrine, but there be no mention of it being especially expensive. 20' does nouns like a big ol' hunk of the stuff, however.
I enjoy worked with the wholesale/retail of life-size geodes for about 20 years. Citrine is a type of quartz and gold ingots is usually found in quartz, but I enjoy never heard of gold ingots in citrine.

Most crystalline geodes are any citrine or amethyst. Price is dependant on how light or murky the color is and how thick the crust is because that have to do with its shipment.

The less crust you enjoy the more actual citrine you have.

There are 4 unfinished combinations or categories that I price my geode "cathedrals"

Thick / standard lamp = $6 per lb
Thick / dark = $8 per lb
Thin / fluffy = $10 per lb
Thin / dark = $12 per lb

Sorry if this is backbone news for you, but believable.

Isa investments?

I am confused about Isa accounts.

I know that you enjoy your allowance each on the other hand, lets say aloud that I use it all surrounded by a maxi ISA and put 7k into a fund or something.
At the end of the year, any money that get paid into the ISA via dividends or profit, what happen to it? Does it sit there earn more interest and if so, am I taxed on this (remember this is after the due year in which I invested the 7k allowance)?

Another example, let say i filch out a mini cash ISA, I use my allowance of 3k. After the year, where on earth does the interest get put, and if it is into the ISA, is this tax once it out of the tax year surrounded by which my allowance was allowed?

What I cant realize is, that if the ISA is tax free and you enjoy an allowance for every year, how does interest get put final into the ISA in the following years (if it does) when you be only allowed to deposit a maximum inside the tax year that you took it out.

If that make sense??......

thanks


Answers: ISAs are export tax sheltered wrappers for underlying investments, this means that any income and gain made on the investments held within the ISA will not be subject to further charge; unlike investments in for example section trusts, where any income and/or realize gains may be liable to further levy subject to your personal rate and any allowances. For example, if you are a higher rate taxpayer and you receive dividends on an investment not held within an ISA (or pension), which are reinvested, then you hold to declare the dividends and if you are a sophisticated rate taxpayer you would be liable to further tax, similarly if you arranged to take the gain from an investment held out-with these wrappers and they exceed the annual Capital Gains Tax Allowance (after deduction of any wherewithal losses and reliefs for years held) that gain would be liable to Capital Gains Tax. Capital Gains Tax is very complicated at present and the Government proposes to relocate it to a flat rate of 18% for any gains realize, after deduction of your annual allowance, on or after 6th April 2008.

For money held contained by cash ISAs, interest is due free and there would be no charge to pay on it regardless of whether you roll it up in the ISA or take it as income – you can choose to lift the income or roll it up. If you take the interest next you cannot then reinvest it the following tariff year if you have already invested the maximum into a brass ISA for that year (from 6th April 2008 the maximum you can invest into the cash thing of an ISA is increasing to lb3,600 and the overall limit to invest surrounded by ISAs is going up to lb7,200). Also, from 6th April you will be able to verbs cash ISAs into stocks and shares ISAs minus affecting your current year’s allowance but not vice versa.

Disclaimer:
The answers above are for guidance only and should not be acted upon lacking you receiving independent financial proposal relevant to your circumstances. To find and IFA please call 0800 085 3250 or jump to http://www.impartial.co.uk.
All I would add to Al Zymer's answer is to clarify that the interest you earn on your existing ISA investment does not count against how much more you can pay-in during the year. You can still pay-in up to lb7000 (or lb3000 into a lolly mini-ISA and lb4000 into an equities based ISA).

Some ISAs allow you to verbs interest to a different account to some extent than leaving it to earn more tax-free interest. For export tax efficiency, it's best to head off it in the ISA until you inevitability it.

I believe the ISA allowance is due to change subsequent tax year.

OTM option give somebody the third degree?

Say I buy a Sirius March 5 Call right now. $.10 premium, delta of around .15 i believe.

Say Sirius later gets the OKAY on the merger, and shoots historic $5.

Whats my profit?

I mean, when Yahoo go up 50% Friday, its OTM options go up some 12,000%, so I am thinking sirius would be like that I don`t know? Maybe not cause the stock is alot cheaper?

Thanks.

P.S. Sirius is at more or less $3.30 right now.


Answers: <<<Say I buy a Sirius March 5 Call right in a minute. $.10 premium, delta of around .15 i believe.>>>

I agree with the premium and that the delta is around 0.15.

<<<Say Sirius consequently gets the OKAY on the merger, and shoots previous $5.

Whats my profit?>>>

The amount of profit depends primarily on four factors that are still unknown:

1. How much bygone $5.00 does the stock shoot.

2. When does shoot up. (It could make a big difference if it shot up subsequent week or 45 days from now.)

3. What the merger language are.

4. How much the implied volatility changes. (This will potential depend upon both ther merger terms and the perceived odds of the proposed merger being completed.)

<<<I imply, when Yahoo went up 50% Friday, its OTM option went up some 12,000%>>>

Although I hold not looked at the options, I know I am not detrimental in wise saying that the percentage varied reasonably a bit depending upon which OTM option you checked.

<<<so I am thinking sirius would be similar to that maybe? Maybe not mete out the stock is alot cheaper?>>>

In theory, it is the percentage move surrounded by the stock that matters and it should not concern what the price of the stock is. In reality, a low-priced likelihood has one substantial drawback you entail to overcome, the bid-ask spread. As of Friday's close the bid quote for the Sirius March 5 call be $0.05 and the ask quote for it was $0.10. That would propose that if you bought the option and instantaneous sold it you would pay $10 per contract to buy it and receive $5 per contract when you sold it, resulting a loss of 50% of your investment minus any change within the price of the option.

-----

It may give the impression of being like you should be capable of say that beside a delta of 0.15 and a $1.70 change surrounded by the price of the stock, the value of the substitute should go up $1.70 x 0.15 = $0.255. This is not accurate because delta change when other circumstances change. For example, as the stock price change the value of delta change at a rate specified by gamma. and with a 50% make over in the price of the underlying, gamma will also translation as the price of the stock approaches the strike price.

The value of delta also change as time passes. If the stock is still at $3.30 per share a month from immediately the delta for the March $5.00 call will be much smaller number than 0.15.

To estimate the profit you might make you hold to make several assumptions which may or may not be correct. To see what you profit would be under different assumptions you can download the Options Toolbox software from

http://www.cboe.com/LearnCenter/Software...

at no cost.

I can read aloud with a even-handed amount of safety that lower than most circumstances you would be looking at a profit of hundreds and likely thousands of percent if SIRI if truth be told does go up over 50% within price.

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