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Hey Guys,Can anyone who is a Data Engineer and working with Big Tech Companies share some light on how you guys are preparing for interviews?How are you learning so fast/so much?Can you please share some plan or guide me on what resources you are following?There are too many things. And in my current organization I am not able to learn those.I want to learn fast and more.I see profiles on LinkedIn that are filled with big data techstack.Please guide. Adobe Amazon Walmart Expedia, Inc. American E
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I want to get into Equity Trading. Any advice?
How do I learn how to interact with clients? Like advice for someone in sell side sales? Anyone know any good books or other resources? I found this video and I want to learn more tips like this: http://www.cnbc.com/2015/01/14/master-class-entertaining-wall-street-clients-commentary.html
Does your boss know your SO/spouse?
You should invest in models and bottles and travelling the world, learning new things, meeting new people. Plenty of time for real estate later!
Physical property, owned, even with a plan to rent if you go elsewhere is tying. Plenty if other asset classes before that.
I don’t think it’s too early.
Agreed - doesn’t hurt.
A lot of life changes will probably come at you in the next 10 years, better to have the majority of your investments in more liquid assets. If you’re set on real estate, reits are a better option than investing a significant portion of your wealth now in physical properties
Blend of lower risk & higher risk assets. I did real estate, crypto, stocks, and set aside some funds to be able to quit and start my own company. Monthly income from Real estate was real nice when I quit
A2 bought a duplex. We liked to focus mostly on cashflow type properties. We did one fix & flip as well and have a condo that I bought in a 55+ community. Those tend to be cheaper and rent for roughly the same amount. Commercial requires a lot more involvement from my experience and cap rates are even lower. Focus for me was building up cash flow
I think the sooner you can start investing in real estate the better you will be longer term. I really like the BRRRR method: Buy, renovate, rent, refinance, repeat.
Don’t try to buy too high or low end, aim for the middle market and be patient until you find a deal on a house or multi unit building that needs a little bit of work that will get you in below market value. Focus on properties with 2-4 units to maximize cash flow. If you’re willing to live in one of the units for 12 months you’ll end up getting more favorable rates and the rental income from the other units will be considered when giving you a mortgage, resulting in an ability to get a higher mortgage amount. Not to mention, you’ll essentially be living rent free as the profit from the other units will cover your own.
You don’t always have to refinance, but if the conditions are right (you bought under market value, did cost efficient value add renovation, have stable tenants and if you lucked out with neighborhood value increasing without a large rate increase) you can cash out the equity and refinance, taking that capital and utilizing it to repeat the process for a second building.
This type of investing will allow you to amass an impressive real estate portfolio which will pay for itself and generate passive income. In 30 years when you’re ready to retire you’ll be able to live off all the income or liquidate the properties and have a nice nest egg in addition to what you should’ve been able to save from then over the past 30 years
I invested in stocks and mutual funds in my 20s, bought my retirement home in my 30s and investment real estate (for income) in my 50s. If I could redo it, I’d invest in rental real estate, stocks and mutual funds (and efts) in my 20s and buy my retirement home in my 30s.
Why real estate? You should probably be looking at more liquid assets at this point in your life
You don’t buy stocks with 80% margin?
Think too early to think about retirement home, but you should be ok to invest in real estate, just be mindful to what type of property, where and what terms are you buying for / with. As someone said, your long term horizon really just allows to take on more growth, not "illiquidity" specifically - so you'd basically be making an implicit decision on whether real estate or stocks (or another asset) have more growth in their outlook
Just spend those money to maximize the learning experience and put the rest in mutual fund, so you can focus on learning.
It means focus on living life!
Invest in operational businesses
And what does this even mean?? I swear we have monkeys posting on this app