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What are some good personal finance books?
I tutor for cfa if anyone needs help.
String of banana’s 🍌
Why is this bowl so quiet?
Hi Fishes, I joined Accenture last month and 45days has been passed but today I got a mail to submit LOA signed copy so does that mean that my bgv has not been started till now and will start only post submission of this document. Any one any idea how many does does they take to complete the whole process?? Thanks Accenture
Rising Star
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“ReTuRn tO NoRmAlCy”
Anyone from MAQ software, please DM
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That Friday feeling...
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Loosen up, go make a luxury purchase and enjoy yourself
You’re probably right… appreciate it
Do you wanna help me get out of 12k in debt 😅😅
So you are a trader and ask to a generic online forum how to invest? Also you include irrelevant info (income, that's 100% there to brag) and do not include relevant info(stage of life, objectives, risk profile)
Buy the SPY. - Warren
Invest in my Venmo account. Thanks
Feel very lucky and in No way trying to brag on an anonymous forum- looking for pieces of advice for people who have been in my position - whether than be travel, long term planning, real estate, etc.
Help your parents pay off their mortgage!
Pro
35k of NVDA calls
Ultimately regret not buying NVDA lol
Perhaps look into real state or any biz opportunities?
Or gift your parents/siblings (if applicable) a trip?
Or offer financial help to those who truly need it?
Donate for a better cause?
Welcome!
You might be able to use it to invest
be weary of people's advise online. meet with a legit financial advisor. I have one from Merril Lynch and we've seen growth.
Yes trust a firm that was dollars away from solvency, screw that. Go to Wells Fargo Advisors
How did you get $90k already in your retirement at age 24? Did you start it really early?
Nicely done
Sounds like you’re interested in real estate
Set up auto investment for 2-3 index funds with low costs and high returns and let it crank
My next steps would be:
1) build a portfolio of fixed income investments (e.g. bonds of various maturities)
2) start investing in real estate (I prefer to manage my houses rather than giving money to bozo syndicators on linkedin)
3)build a small commodity portfolio
4) invest in primary residence
5) ball out
Invest in bonds of various maturities. It can be short-term or long term,whatever works for you. And you're setup for life.
buy a rolex
Do you have an HSA?
This is good advice.
***this is not financial advice. But this is what I’m doing personally.
1. Buying as much Bitcoin and/or IBIT ETF shares as possible before the 4/20/2024 halving. Time is of the essence.
All other assets in the world are overvalued.
Bitcoin is currently one of the few assets in existence that is currently undervalued.
2. Maxing out HSA contributions, if applicable.
3. Paying down any and all debt (including mortgage debt)
4. Buying reserves of food and water and other emergency and survival supplies. This includes PDWs and ammo (probably not feasible in California).
Last pieces of advice:
GTFO of California. Figure out a way to remote or move your job to a better state. Most large banks and investment firms have already begun this trend anyway to avoid taxes and other costs, so stay ahead of the curve and do the same.
Try to get your MBA from a top 5 global MBA program. Your company might cover most of the cost for you.
Take classes specifically on Negotiation.
This is one of life’s most valuable skill.
No one else will be your advocate in work or life, so learn to be your own advocate.
At 24, you’ve got lots of years ahead of you, and you’ve got an excellent head start.
Stay focused, and never compromise.
Cool, just stay out of hot water. I know there a A LOT of restrictions be proposed on the west coast, so just stay aware. One more reason to consider GTFO so it’s one less thing to worry about.
But if you decide to stay, you know what’s possible and what’s not.
Sounds like you’re smart, so you know how to be ready either way.
One more thing if you decide to go this route: GET TRAINING.
Equipment is no good without training.
And training is essential to staying safe and staying out of legal trouble.
You ever hear of how therapists will often also have a therapist? It helps them to both offload their load and helps to keep them on track. I’d honestly recommend a fee only advisor to chat with here and there. I’ve been considering one myself. I’m 25 and a little behind you, but still pretty far ahead in general.
Also, give to places you care about man. It’s far better than consuming. I give to my local church and a non-profit I care about. You make a real difference and it changes your heart. Good luck brotha
This is good advice. I have several clients who have my same licenses, but want someone not emotionally tied to their investments to manage them. I have been thinking about doing the same thing and having another advisor take over my stuff.
Grab a Porsche
You’re a smart guy. Figure it out.
You're retirement seems like you are set. Just run your retirement programs on yourself. See where you stand. Likely, if I were to guess you'll be needing more tax free funds during retirement. At 24 years old, I am guessing 2 years into the work field. I am unsure what kind of retirement you already have. I am also unsure of your risk appetite, but it's likely large. Do you have a family, dependents? Maybe look into a 529 if you have kids. I'd get an advisor so go over your stuff with you