Any good books/resources about investing in the stock market that I can give to my parents?

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Ask them to join r/wallstreetbets

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Psychology of money is a good place to start

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They are pretty old school (save plenty in bank accounts with no debt) but never really learned about the benefits of long-term investing so I’d like to help educate them.

Just give them an example of compound interest in simple terms with $100 and 10% a year. Year 0 you have 100 year 1 you have 110 year 3 you have 121 year 4 you have 133. Or in a bank you always have 100

Or just tell them stonks only go up and to get into BB before it goes to the moon

Related Posts

Hey guys, Can anyone please tell me if there is any restrictions on SPI in mutual funds in MS for employees.

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U can’t be wrong if you’re investing in index for long term

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Can some of you experienced folk recommend some good books for rookies? What are your favorites for investment strategies, marketing, selling, etc.?

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I'm new to all this. Is it best to save 10% of my salary all in my company's 401k (with 20% match, increasing by 5% every year)... or saving 5% in 401k and 5% in a Roth IRA?

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Qualified Dividends: I’m expecting $650-$750 qualified dividend in 2021. Salary and base about $250 total. Questions: what tax rate will the qualified dividend be taxed at? The 15% or 20%? Also, since it’s technically a long term gain, do I have to pay an state and local on the income? Been reading for a bit and I can’t seem to find a clear answer. Thanks fishies!

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Just got my offer accepted for a house in San Jose. Shopping for interest rate now:
Should I got for
7ARM - 4.25% interest rate
30 fixed - 4.75 % interest rate

Banker is recommending 7ARM but wanted to get general opinion as well.

Thoughts?

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So if I were to rent a car from Trips, can my wife (not in Deloitte) drive that car as well? Is she also covered in the insurance? Does anyone know?

Living in NJ and may be able to choose NYC as my home office. People who live in NJ can choose NJ / NYC office, which one did you choose?

NJ office: no NYC tax, don't have to file 2 state return. Live in NJ so auto assigned to NJ office currently.

NYC office: NYC tax on paycheck, easier commute, possibly higher pay?

likefunny

When a private equity firm invests in your company, they do expect to exit their investment within the next five to seven years.

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Desi 🐟 fam - What apps are you using to make payments in India using US credit card?!
I use Wise for money transfers and other payments using debit card but i want to pay with my credit card and wondering if there's an option for that

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Has anyone considered moving from NYC to Houston? Any advice of why not to do it apart from the Texas heat. The homes are so much bigger and taxes much lower.

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Preparing for an MBA towards Fall 2022 or 2023. How much roughly did you have in your savings/assets when you decided to apply for one? Not from finance/tech/consulting, so hard to gauge

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In CA, if a tenant dies, who paid 1 year of rent upfront BUT there was no rental agreement, does the landlord still have the right to keep the rent or can the executor of the estate claim it back? Thanks!

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Hey guys, where do you recommend for living near Times Square on a 70-80k base salary-- for my first year in the city? I’m budgeting $1500-2500 for my half as I’m expecting a roommate.

Hey Desi Fam. I am in California but looking to move to the East Coast to be closer to my wife’s and my family as our kids are growing up. Started looking at northern suburbs of Atlanta and that area ticks all the boxes we are looking for - great schools, family based neighborhoods, and diverse population. Are there any Atlanta natives here who can help us narrow down the city and neighborhoods we could target. Would like to buy a medium sized home < $700k. Thanks

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For those of you who made your first million in net worth, what did you do next?

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What’s everyone using instead of Robinhood? I just learned of WeBull recently but am not sure it’s for me.

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Hey folks I applied for a credit card they were asking for official mailid is it legal to provide bank mailid for credit card processing?

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Thoughts on the new Chase Freedom Flex?

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What do you look for when examining the accounting for a small business stock purchase? Asking for specific types of errors and red flags.

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For those of you without a home office: Where do you usually work? My desk is in my bedroom and I’m considering sacrificing aesthetic to move my set up elsewhere

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Best firm to apply for to get an international Salesforce consulting position? (US citizen looking for an opp in Australia/ Europe)

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Could someone please suggest how to handle this situation?
My manager (Technology Director) sees me as an emerging thread to his position and stopped sharing details / trying to avoid including me in visible projects etc.,
FYI - His manager is the division head and Managing Director.
Why I think my manager tries to move me out?
- I am 18 YOE with a technically strong background
- Upper mgmt is starting to identify me as the backup for all systems. My manager tries to move me out since then

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Want an instant feel good moment? Google Betty White right now 🥰

likeuplifting
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How have you seen telehealth and virtual care affect the admin side of the industry?

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@McGraw Hill any idea on salary for academic design roles ?

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Bain & Company Hi Guys,

How can i get a job as a consultant?

Tata Consultancy Boston Consulting Group Bain & Company

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Does any one know what is the salary offered for AVP Middle Office role in Citi Belfast Northern Ireland?

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What you guys are planning for the long weekend?

Hi guys.

Any one waiting for UK visa stamping for ICT ? Just want to know how long it takes to get it stamped with the current war situations.

Thanks for any inputs.

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Has anyone here gotten the Consortium Fellowship with the help of a consultant?

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Taking a personal loan of 20k or more will it affect perm (GC) process?

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If some wants to know eenadu’s take on new education policy, here it is. Reading eenadu paper has been my way of starting a day for many years

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Working as a senior data analyst at startup clinical trial company in the NE. Have 6 years full time work experience in data analytics post graduate degree. With part time positions during and post undergrad + quantitative masters, more like 8-10 years. What is considered a good salary? I’m currently at $115k + 10% bonus (no 401k match), and might soon be considered for a promotion that involves managing. Just want to make sure I’m ready for salary negotiation. Thanks so much!

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For those who have to report on financial performance regularly to either the CFO or related execs: how do you get past the nerves? Honestly my work culture is super chill but I still get anxiety.

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Hi fishes!
Just joined an FP&A team with no prior FP&A experience and suffering with a heavy impostor syndrome. Can you please help me with what makes a high performing FP&A analyst?

My background is in project management for finance, model governance and RRP; Business Admin Grad - Major in Finance.
Thanks!

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Hi Friends,
Does anyone knows how is MorningStar(Gurgaon) for QA automation engineer?

YOE - 4.7 Years

Morningstar

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Additional Posts in Pivot to Finance

Anyone can refer me for an ESG entry position?
I have an extensive background in math, environmental science and coding! (Msc Poly NYU) Have technical consulting experience in private and public sector but not much experience in financial industry!
Any lead would be greatly appreciated!

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I have received two offers to work as a Software Engineer (new grad) in the banking sector in Switzerland, I like both teams and the positions are similar. Coming from EU, how can I best evaluate the proposals? What salaries/benefits should I consider acceptable?

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Black man with dread in the workplace. I want to grow my hair but I don't want negative perception to keep me from moving up, any advice?

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For those looking to get into Consulting, there’s a new platform called Profesh that has short videos and reads that explain it in simple terms, and lay out how to break in. Everything is less than 3 mins. Super helpful to learn about it in chunks between doing things. Give it a try!

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What is SVB wealth advisors starting salary with in the private banking? Or honestly what is a good salary for wealth advisor and a comp plan.

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Anyone know of a good tutor for CFP exam? Thx.

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I've heard a lot of people remark that getting into finance is often not as lucrative as many people think, and building a book and getting ahead is quite arduous. Any insight on this front?

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1. What are some recommended readings to get smart for the Investment banking role? 2. Would you recommend getting experience before going to MBA? Do banks offer offcycle internships 4 nonstudents?

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Can anyone provide insights into Corporate Finance Institute’s Financial Modeling and Valuation Analyst certification? Worth it?

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Went to a top uni, looking to move to banking after 12 months. Does anyone have experience with this?

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For marketing profs working in finance, is it easy to convert from one area in finance to another, even if different niches (i.e. does having a background in banking allow easier transition to fintech, or DeFi?)

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Should I brushing up my resume?

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What are the best finance conferences in the US?

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Hello all. I have an interview coming up at BlackRock in their alternatives/credit group. Transitioning from consulting. Any guidance on first round with someone who will be my direct boss? This would be a dream career move for me so any advice is appreciated!

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Anyone have insights into Zions investment bank?

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I always get to work an hour early. Is it okay for me to leave a little after 5:00?

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How to transition from IT/Consultancy to PE or Fintech/ Banking without a huge pay cut? Anyone have done that?
Have been in IT for 20+ years, last 15 in Management. Good exposure to different industries and C-level management with holistic view and hands-on from operations, delivery, sales and some tech.

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Anybody in Frankfurt Germany hiring non German speakers?

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Anyone work for (or at least interview for) an executive office role at a brand name asset manager? Experience?

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From consulting to investing / lending - anyone has guidance on how to make the move? I’m a consulting manager with finance experience pre-MBA. Thinking about pivoting into investing / lending but struggle to find an angle - assumed that it would be hard to break into investing but lending would be great (all the way from corporate banking to mezz). Any guidance on seeking relevant experience while in consulting?

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