Anyone dabbled with multi family investments? How did u do it? Have you heard of Ashcroft capital? Any good?

https://ashcroftcapital.com/about/

I over-contributed to my Roth IRA by $6k, with earnings of ~$2k on that $6k since contribution in early 2021.

What’s the best strategy here? Is it possible to withdraw the $6k contribution and recharacterize just the earnings to a traditional IRA to avoid the 10% early withdrawal and income tax?

Hear me out! I left my 15 year career in the corporate world to pursue being a realtor.1) It was never boring
2) It was the most challenging
3) It was extremely rewarding to be able to help families find their dream homes

Refinance my current mortgage? I can reduce my interest rate by 0.375%. Closing cost is $1500. My monthly interest payment would go down by $200

My TC is 150K, I’m already maxing out my 401K, and am thinking of putting some money into I-bonds. Should I try to get the backdoor roth IRA? Anything else I can / should invest in? Currently have a lot of cash lying around.

How do I buy NFT’s? Any insight the group can offer?

I just quit my job with nothing lined up and was wondering if there is anything I need to do with my 401k plan? Also what is a DBRP cash balance? So confused. TIA

How do LBO folks arrive at forecast for interest rates?

I'd imagine that the interest rate is a highly sensitive input for IRR in leverage heavy transactions

Prenup- do we absolutely need lawyers (each)? Or does one of those online services with standard docs suffice?
We don’t think our situation is complicated- neither of us own a home/cars, but have some investments, both expect some inheritance eventually, and both get a chunk of equity from work that we’d like to call out. We’ve already discussed in depth how we want to split things.

Hey 🇬🇧 🐠,
Has anyone ever invested in an EIS or VCT?
It appears to be very tax efficient and was wondering if any had any experience (returns, good fund manager, ...)to share ?

If you leave a firm before the sign on bonus grace period is up and have to pay it back, what is the process to get your taxes back from the IRS? Or is that wishful thinking?

Best way to do recurring VOO purchase (e.g) a share a week ? Possible in E*TRADE?

Hi! I’m moving to LA from Chicago, base 90k - no debt. I live in a 1BD rn and have been browsing the market in LA to get an idea of rent. I’m mainly looking west of DTLA (ktown, la brea, pico rob, etc)it’s seeming like a 1BD may be out of reach. I’m not looking to pay more than $1800/mo. Any suggestions on neighborhoods I should consider? I’d like to be near grocery, restaurants, and would need parking. I enjoy being outdoors and would look to go on hikes/runs in my free time if that helps. TIA!

Is there a benefit to maxing out my Roth IRA now with the stock market down? I was going to wait to chunk it out throughout the year

To calculate you net worth do you add (to you your other assets) your house value and take off mortgage balance?

Not certain of peoples’ involvement/sophistication with the blockchain industry but have people heard of DFINITY, what are your thoughts on it, and are you investing in it?

Can someone help me understand why coinbase is easier to use and coinbase pro has cheaper fees and why that difference still exists? In my head, just have one easy to use thing with the lower fees, no?

It seems pointless to buy on pro and just transfer to coinbase, then back to pro if I want to sell -- or am I looking at this wrong?

Hello fishes,
I'm new to EY
I found that there is no VPF declaration in EY 🙄.

How is it calculated then? How is VPF amount deducted? For tax calculation purposes?

NVDA was $242 yesterday today it closed at $264. Do you think there is still time to capitalize on the growth or did I miss the train? I need a stock to invest my $6k IRA allowance and I'm new to this so would appreciate some good advice.

Any fish who’ve decided to quite advertising altogether and do something different? I’m curious about your stories.

I am a litigation lawyer in a pretty niche practice, but I may have an interesting opportunity to go in-house for a large international company, which is something I have never really considered. As a young shareholder, I am on the upward trajectory at my firm and in my career in general. For those that have made the jump, what are you thoughts? And, while money isn’t everything it is something that must be considered: How do in-house salary & benefits compare?

What are some restaurants/bars things to do in Cleveland, Ohio? Looking for things near downtown

Hi All,
Can anyone give me some insights about the NATWEST group(formerly RBS) project in Accenture gurgaon.
How is the work and the environment and about the management of the project???

How is the experience with Fragomen with H1 B transfer process? What should I expect?

How is basil mondale project in terms of pricing and future growth?

My access to Becker just expired...I take FAR in a few weeks. wtf.

Anyone else think Aetna heath insurance is worst waste of money for employees and employer? How is it even offered as a benefit??

Hello Everyone, I am looking for job in Pune, I have 11 years of experience in FP&A, please suggest if someone can recommend.

Does anyone need a hr coordinator, or entry level talent acquisitions coordinator that is 100 remote? Remote jobs are extremely competitive and when I find job posts on LinkedIn there are already over 100 applicants. Very competitive!I am open minded about salary,I have so much interest in expanding my skills. I have about a year of recruiting in the staffing industry and 6 months as an hr assistant for a corporate/manufacturing company. MA in Hr and will be testing for phr in July. Thank you

Anyone at Altman Solon open to a conversation about the TMT strategy work? Simply looking to learn if my experience is worthy of an application - potential referral candidate!

How many days GE healthcare HR takes to update on 1st interview feedback?this is for business analyst role

HIRING: MM private equity firm based in NY focused on healthcare; Strategy Lead role (similar to Chief of Staff). Looking for strategy consultants with 4-6 YOE, with a healthcare focus. DM me to chat!

What are you doing PreMBA wise? (Eg internship, conferences, traveling)

Want to know about salary structure of Accenture strategy.

Mentioned is fixed =27 LPA

HR mentioned only PF is deductible from fixed. Rest all will come as earning.

Is that true?

What kind of roles do you guys recommend for a pharmacist trying to pivot into pharma? Where can you go to see all the different types of roles available? I graduated with my PharmD in 2019 and I did a managed care residency and am now at a healthcare startup so my background is primarily on the health plan/digital health side

Could someone elaborate these strategy abbreviations a lot of folks use here on fishbowl:

CDD
DD
MPD
TAS
FDD

Does anybody work a part-time job for spending money? I’m considering working one retail shift a week purely so I can have some frivolous spending money that doesn’t impact the budget. Is it crazy to kill 6 hours a week for less than $250 a month?

Eric Martel told us how to retire with real estate. How much money/leverage would you think you’d need to invest /how in order to retire within 10 years with $20k net income passively per month?

If you could right now, would you buy a house in full cash or invest in the market?

What are the advantages of a back door Roth? I am confused about it and trying to understand why people do it.

What did you do with your first NW 100k to get the snowball rolling? I invested 60% of it (to IRA and individual brokerage) and the remaining 40% as emergency fund. I felt like it’s not getting me anywhere. For the investment, I’m very late in the game that I just started last month buying everything ATH. So it’s not looking good

What’s a good, practical tax book to read for someone who knows nothing about taxes? I feel like I should familiarize myself with them but don’t know where to start/find the topic very overwhelming and dense even as a finance attorney. Welcome to other beginning finance book suggestions too! (Already read Kiyosaki and Ramsey)

Keep grinding? Or eff it?
Will hit 7-figure income for the first time in my life this year. Have about $2M in savings. Almost 40. Worked a lower income job before B-school, then paid down loans and saved aggressively to build up a couple in million in 6-7 years since.
Could MAYBE live off the $2M. But man, I’m tired of working. But now that my income is high, it seems CRAZY to not keep grinding and saving. But could I take a year to reboot? That feels stupid though.
Any advice?!?

Just cleared $300k selling my primary residence and will move back into a house we used as a rental. Looking for investment recommendations with the $300k. Should we buy a business like a bar in a college town, buy a multi family property? Or break up the principal and invest into a mix of bonds/stocks etc?

How do you handle extended family’s poor financial choices other than distance yourself? Especially when some of their choices affects you and your family?

With a multi year market bill run, real estate crushing it, cryptos and startups flourishing, the number of millionaires, decamillionaire, centimillionaires and billionaires is growing rapidly. Add inflation in the mix and I worry that my former FIRE goal of 10M by 50 just won’t cut it the way the world is moving. Heck, I have more friends than ever sitting with a household net worth of 10M at 35-40 not to mention all that boomer wealth transfer coming their way. How to plan?

Hi! If I was laid off and have no income coming in should I still buy the dip??

How do you strike the right balance between spending and saving? For example, if you’re looking to buy a car, do you wait until you can pay 50% in cash? 75% in cash? Full?

Anybody have a mortgage provider they like?

I’d love some help thinking through this. I’m currently renting for $1600 base ($1800 total) and live in the least desirable part of town, and expect it to raise to about $2k/month. I was planning to buy my first property in the city and Airbnb part of it, but it will take me about a year to save up the cash (~$500k starting). Eventual goal is to move more rural but trying to build to FI. I found a property in my ideal dream location for $280k but it needs work, and can’t Airbnb it. Continued