FA
First Advantage Corporation Common Stock
stock NASDAQ

Did your FA do a financial needs analysis with you first? Masyadong malaki yung 7k given your salary. Ikaw lang ba breadwinner ng family?

Di pa ako sure. Aask ko pa kasi FA ko kung magkano mababawas monthly for the insurance fee para maintained ko ung insurance...and from there, dun ako magdedecide kung magkano lang matitira and tuwing kelan lang ako magdadagdag (if needed). Pero most likely around 10k lang ititira ko. Minimal nalang kasi ung fees based sa observation ko sa mga annual statements ko. Pang kape na lang yata ganun so di na sya tlga mabigat sakin na isipin in the future.

My FA convinced me about 8yrs ago (2017) NOT to gamble on BTC when I ask him to allocate about 60k into it . Regretted that decision since , do your due diligence .

AMP in my opinion. No FA.

Also that was some of the worst torch work I’ve ever seen.
The FA mix is severely off at several points in the video, probably because they are holding the torch by the oxy knob(?).
No idea what’s going on there but it would have taken 1/4 the time with 0% of the risk if that was done with a good torch mix in this crazy device they call A MELTING DISH.
As someone who dabbles in hobby jewelry making (24K Au or 999 Ag) this post hurt to watch and this comment hurt to write.

You’re asking a bitcoin subreddit what they think about an FA recommending you get rid of your bitcoin. Clearly everyone is going to tell you to get rid of them. FA’s generally will want you to follow course on relatively safe and diversified investments. Having a subjectively large amount of money in a single investment especially one with such long term uncertainty goes against a financial advisors typical plan. Whether or not you think bitcoin will go up or down long term doesn’t change the fact that neither you nor the FA know what will happen, and FA’s are not going to push clients to put their money somewhere where they don’t have a good idea of where it will go (ie. say what you will, but an index fund has a pretty sure fire chance of returning a consistent amount)
FA’s are also legally obligated by their licenses to recommend investments that they believe to be suitable for their clients. Had you been an extremely wealthy sophisticated investor that can afford to lose money on a speculative investment, they would most likely tell you to go crazy and do whatever you please.

Meron basta active pa yung account mo sabi nung FA. Kaso malaki yung surrender charge. Inaccept ko na lang kahit malaki. Basta gusto ko na lang syang ma-cancel.

When I started investing back in 2020, the first asset I bought was a full bitcoin with PPP money. I felt like a genius, but my FA buddy kept telling it was fake and a scam. Unfortunately, I listened to him and sold that full coin during a pullback that summer…..I still give that guy shit for that advice.
One has to remember that financial advisors are trained to manage risk and seek out “whales”. They care primarily about conserving capital for rich people, but crypto is one of the only ways for the less fortunate to escape poverty. Moral of the story, don’t ever ever ever sell that Bitcoin. Any FA that tells you to sell bitcoin has no idea what they are talking about and is genuinely not acting within your best interest.
Most FAs don’t want to learn about crypto because most of their clients don’t have to be risky assets, they just need to keep holding what they have in a tax advantaged manner. Bitcoin is the ultimate diversification and it is FINITE. That’s all that matters because fiat is essentially unlimited and built purely on trust.

AMP. No FA.

Das ist doch Quatsch. Jeder bekommt ne Standarderklärung und wer mehr geltend machen will muss das selbst machen. Müsste er/sie jetzt sowieso, alle anderen werden entlastet und das FA auch weil alles Standardzeugs kannst du automatisieren, dann brauchst du nur noch die Spezialfälle prüfen.

Almost a year EDJ-free. Expense became unbearable and new Rep provided little value. To be fair, first FA taught us much & had some strategy skills=value. Now a DIY'er.

That's sad the average american is so dumb. You could watch a 60 minute tutorial on youtube to learn how to invest safely by diversifying, dollar cost averaging, understanding taxes, automating the whole process to dca etfs over time and you would outperform every person with a FA advisor by multiple points which could potentially affect your net worth by millions of dollars over a career. The markets are efficient and the advisors have no edge at all. They overcharge to help the financially illiterate because they can get away with it. I see this happening in in my space all the time even at the institutional level investment banks will try and sell complex structured FX products to clients that are unable understand how they are getting gyped. It's just even easier to gyp a retail investor. Basic financial advise is not worth their 1% fee.

FAs are extremely conservative. If you want to speculate for a potential big windfall, they likely won't support you.
However, the economy is on very shaky ground. Taking a conservative approach may be the best choice right now. BTC may grow a bit more but should stabilize around $130,000. It has a weak foundation of nothing/air. There may only be a few months of speculation left until Trump's economy collapses, perhaps even into a depression. Which would serve his voters right, but others will be victims as well. Clearly, you went to an FA for a reason, no?

Das FA will ja idR gar nicht, dass du die Anlage Kap ausfüllst. Und wenn du Einzelwerte oder insgesamt korrigieren lassen willst, brauchst du da eh die Einzeltranskationen für. Nur mit den Summen alleine ist das idR nicht möglich.

In der Theorie gut. In der Praxis traue ich dem FA aber genau keinen cm weit. 
Wir (zwei AN) haben gerade zum dritten Mal in fünf Jahren den Anwalt einschalten müssen, weil das Finanzamt mal wieder … interessante Dinge macht. 
Die letzten zwei Mal haben sie nach einem Brief vom Anwalt sofort alles ausgezahlt. Erwartung ist, dass es dieses Mal genau so läuft. 
Sprich, denke nicht, dass die Arbeit weniger wird, wandelt sich dann nur dahin, dass man alles drei mal prüfen muss und wahrscheinlich noch mehr Stress hat bei Widerspruch / Änderungen. 

Do decentralized Wallets considered as Foreign Asset (FA) in ITR?

hi
i’ve been investing for the past year in us stocks on indmoney but i swing trade quite frequently and thus the brokerage fees are piling up. im thinking of switching to an international broker specifically either IBKR or charles schwab to avoid the same but im not sure how filing taxes would work.
indmoney gives me the 5 documents directly which i hand over to my CA, such as schedule FA, capital gains statement etc.
i think international brokers don’t do this right? so how would i give all my trades to my CA to file?