23, $100k in cash sitting at about 3.5%, $250k NW. no debt, paid car, currently rent in a UHCOL. DCA $100k in or go for real estate?

Posting as :
works at
You are currently posting as works at

How the hell you get $100k cash at 23...most owe $100k in student debt at that point lol

I grinded and started my own business. You don’t need to be a slave to the system and make excuses for your debt, you can go out and make a change you want to see if it bothers you.

Thanks for your detailed reply for what I can do with my $100k tho.

Related Posts

Had some credit card charge offs come up from U4 review and I didn’t payoff. Not proud of it from when I was younger but they’re off my report since it’s past 7 yrs but still within the 10 yr U4 review period. Will this impact employment?

like

Interested in relocating to San Fran - what are the good spots ??

Help please!!!

Strategy & Ops at large tech company (non-FAANG) - 120K TC (San Francisco)

Rotational Program at Industrial Firm - 170K TC (Chicago)

Industrial Company:
- Would pay for grad school
- Comp is insane
- Work is more niche
- Company culture is rough
- MBB / tech exit
- smaller less known company

Tech Company:
- Cool company
- well known
- Enter tech early on
- Salary lower than other by a lot
- PM / Biz Ops exits

Both companies have good MBA placement. What would you do?

like

Hey San Jose!

Any F 🐠s around?

Would you recommend an associate making 90k base in NYC prioritize maxing out their 401k and Roth IRA even if it means they won't save beyond that? Assume debt has been paid off and 3 month emergency fund in savings

like

Anyone here around the ATL area and looking to put a crew together for a Gramatik/Clozee show in 2 weeks? The amount of drive in shows coming up is absolutely insane🔥

like

Got an offer as a Senior 2 in EY’s FAAS practice for $117,500 base and $12,500 bonus. Home office is San Francisco. Is this expected for that position? Any insights?

like

On a local project through the end of the year and will be 10k MQM short of renewing Delta gold. Delta Platinum Amex no longer gives you a 10k sign up MQM bonus. What to do? Settle for Silver 😱?

like

Do desi consultants opt for 401K? Upside/downside?

like

We are looking to hire a nanny next year. Where did you find leads and what is the going rate per hour? Do you know of any services to help with payroll taxes and paying for their healthcare?

like

Weshalb bist du in den USA?

like

Which is the best credit card to use in India.

Trying to save up for a down payment on an investment property. Would it make sense to remove my 401K contribution for about 6 months to gain an extra $4K or is that stupid? I’m 23 and have no experience, just wanted opinions

like

Anyone manage to get targeted for the amex plat 100k SUB?

like

Recommendations for how to allocate 401k with Fidelity. Just switched jobs and have to move from Merrill Lynch to Fidelity

like

Account manager, San Fran - salaries?

What does a single family house (with basement) home owner insurance costs. Just looking for a range. Looking for a ballpark.

like

What blogs/books/resources should I seek out if I want to make the transition from passive trading (index funds/buy and hold blue chips) to more active trading (options, speculation, spending a few hours a week researching, etc)? I’m looking to turn my investing into more of a side hustle

like

I joined mindtree in Jan 2022. Suddenly there is a 10k deduction in salary in the month of April. The salary slip say 10k deduction as INCOME TAX.
Mindtree says "You come under 20% slab according to the income tax calculations. When all the tax slabs are applied you will have to pay yearly tax around Rs. X amount. So that amount will be deducted in monthly basis."
Why sudden income tax deduction? Why was that not deducted in the month of Jan Feb March ?
How can i recover that 10k every month?

Looking for a remote job paying at least 40k. Currently unemployed due to unpredicted move to San Antonio. I’m in need of a job as soon as possible. I am a quick learner and currently in school to earn my CCMA with medical billing and coding (CPC). Anything helps 😊 TIA!

like

More Posts

Digitas Arcade Singapore
Ayzenberg
FCB West
R/GA
Jack Morton’s
Warren @Talent Boom
Huge SF/NY
Draftline
Cheil

like

Which firms are actively pursuing work in Pakistan these days? I am aware of McKinsey but who else?

After ignoring my health and fitness for years, I’m finally looking to kick start a sustainable journey. Just went for a 10k steps walk two days in a row and I feel so tired! 😩 I am ashamed at this absolutely low stamina, but please tell me this is normal and it gets better!

likesmart

What is the barclays joining process is it like offline or online ? And what all will be there in joining kit@

like

38F here .. for those of you on apps and seeking a relationship, not something casual, what are your age filters? Please specify your age and gender when replying

like

I am trying to land a role as a human resources business partner and I'm wondering which certification would be the best for me going forward. Phr? Shrm? Thoughts? Thanks!

like

Hi Fishes

Please let me know what will be the TDS cut and approx in hand salary for below salary

Post Photo
like

Even AOC has our back

like

Not a meme but my conversation with a scammer from FishBowl for your entertainment only!

Post Photo
funnylikeuplifting

Would you estimate for an individual tactic differently if it were part of a campaign opposed to standalone?

like

Anyone help support their parents small business? I often work with them on the weekends and work my weekday job at KPMG. Feeling burnt out but can’t say no to my parents bc they need the help. Looking for any advice.

And no I do not ask for pay, I help the business to provide free work for my family to save them money.

like

Anyone have direct experience working for Avalere or Ipsos? Weighing between Consultant roles between them and both are offering around $125k-130k base

like

Instagram is off-putting now.
There is just too much happening there.

Post Photo
likefunny

Anyone go coverage (on significant matters, incl London Market) transition to non-insurance in-house roles? If so, anything in particular help you along the way?

like

Any chance that we’ll see pay raises this year?

like

Does Salesforce as an employer sponsor Mega back door IRA?

like

Looking for opportunity in SAP SD
Experience - 3 years
Kindly refer me if there is any opening

like

Is switching to a regional (6 offices) firm from big 4 a career step back? Looking to leave, lots of smaller firms interested but worry it’s a backwards move.

like

Rainbow Radish, Cara Cara Orange, Goat Cheese, and Chive Salad with Honey Orange Vinaigrette

I just made this salad. It’s pretty, tastes good, and is effortless. I haven’t written the recipe yet.

Post Photo
like

During non-busy season when you're required to work 8 hours at work, if you work 9 hours but 1 hour was just random inefficient/gt&e charging etc, do you charge 8 hours to client or 8 + 1 hr admin?

like

Additional Posts in Personal Investment Chatter

Thoughts on setting up a family LLC to manage aging parents investment properties with siblings?

like

Came across a duplex for 475k in SoCal. Up and coming area that’s getting gentrified fairy fast. Looking to rent out the front for 2k and and splitting the back with a housemate for 1k. Cont below.

like

Lost over $15k in a stock overnight. Anyone suffer big from taking an equity risk? How did you come to grips

like

Found 5k (cash) in a trading account I forgot about. Invest it or pay on CC debt? If invest: in what?

like

Can someone from data analytics background explain what differentiates palantir from cloud native services from aws, gcp, azure or databricks? I am interested in why one should invest in this company and hence, asking in this bowl.

like

In consulting, it's not unreasonable to make 300-500k+ HHI by age 30. What's a good net worth goal by age 40 or 50?

Is 5m by 40 and 20m by 50 unreasonable if you're able to keep expenses low and invest?

funnylike

What personal finance / investing books would you recommend to someone in their late twenties who is starting to have decent amounts of capital to invest?

like

Thinking of putting a large sum in ETF. Should I wait for the market to go down or should I go ahead?

like

Has anyone used Northwestern Mutual as a financial advisor? Any feedback?

Can any 🐠 who purchased a foreclosed home share your experience? (How did you finance it, were you able to look inside the house or have it inspected, how did the auction work, did you use a realtor or real estate attorney, etc?) TIA for any insights & lessons learned you can share!

like

I’m 24 and have 135k in cash savings. I don’t know where to start. Any advice?

like

I’m considering Schwab roboinvestors to manage my investments actress various index funds aligned with my risk profile. Aside from the large 6% cash requirement, what are other downsides?

Thoughts on a high yield savings account (~2.25% interest) vs a money market account (~2.5% interest)?

like

Just opened up a Roth IRA with Schwab. what’s are good stocks/mutual funds that i should buy for the Roth IRA account?

like

If you have a side gig/small company that you run while working as a consultant, how much extra compensation does that bring you in each year, on average?

like

Anyone out there living off of (or able to live off of) their dividends? This is my financial goal but I’d like to know if anyone is doing it. What’s your allocation? I have mostly REITs

like

My partner and I are in our late 20s and spend about $6k a month all in in HCOL area. We gross a bit over $400k annually. Is that reasonable?

like

Mention your top 3 stocks

like

Should I buy a bitcoin? Currently don’t own any crypto and curious what the future realistically holds

Anyone going in big on gold/oil ETFs?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal