Anyone have money management advice? I have a lot saved (no loans, got brother's old car, big CD from family that ends in a few months). I'm putting quite a bit into 401k with the remainder sent to a money market (supposedly high yield) account. It's an awesome problem to have, but I feel like I'm sitting on this money, doing nothing. I have no knowledge of stocks, but getting another CD seems wasteful.

Only big purchase planned is an eventual new car, which I can easily buy.

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Give me the money and I will guarantee you 10% return for at least 5 years.

likefunny

If you’re young you should be investing in higher risk assets like equities. Returns on CDs and money markets are abysmal with interest rates so low.

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Any money you won’t need to touch for the next 5 to 10 years put it in something risky that may generate a higher rate of return.

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Though I think real estate will hit some big slow downs in the next 6-12 months, investing in cash flowing real estate is almost always a good choice. There are now platforms like Fundrise that make it completely passive and can deposit quarterly dividends straight back to you. Depending on $ you have, buying real assets is less risky than the stock market right now.

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In real terms, a CD or MM is losing spending power. If you don’t know much (or care to learn) and are young and do not have an immediate need for the money, but index etfs like SPY and then just forget about it. Dollar average in over a few months.

Consider dollar cost averaging into the equity markets using ETFs or low cost Funds before you venture into individual stocks - market is volatile at best

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I think living a frugal life and aiming to retire early makes a lot of sense.

Recently, some of my family members are diagnosed with a rare diseases. When you look at the statistics, these are so many of these ‘rare’ conditions and cumulatively they are not rare.

These family members conditions made me reevaluate how I want to spend my life. I am 35 this year and I can’t decide if I should take great vacations with my kids or keep living a frugal life. Do you have the same dilemma?

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Big legends Guide to Three-Fund Portfolio. Yay or nay? Additionally, please share personal finance books that you recommend to newbies! Thank you and happy holidays!!✨

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I got H1B Visa and 83000 USD dollar petition amount as annual package.I am confused as this amount will be enough to survive there with wife and 7 year old daughter.My wife is working here and together we are earning 50LPA annual.We are settled here by owning house too.Confusion is my wife will not be able to work there on H4 Visa so the kind of life we are living here will not be possible there.Thoughts?Suggestions?Pros and Cons?

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Novice investor looking to invest 100K. Do I DCA into ETFs / Mutual Funds?

In what increments (eg. $1,000) and cadence (eg. Monthly) should I DCA?

How should I spread out the increment across ETFs (eg. Equal percentage in each)?

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What's the best form of compensation to ask for and why?

My employers' CEO just announced that they just received $7 million from investors. He wants to use that money to offer incentives to employees that hussle and drive more revenue for the company. We're not sure what those incentives look like yet, but here are some post-announcement rumors from my co-workers:

Cash bonuses, raises, profit-sharing, company equity, 401k match, etc.

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Hey fishes, can someone tell me how the 80c bracket works, i know i can get exempt upto 1.5lakh under it, what i wanna know is does PF comes under it or not? For example if my yearly pf deduction is 20k and VPF is 10k so now will i still be able to show investment of 1.5lakh under 80c apart from PF and VPF or i'll be able to get exemption on only 1.2 lakh( 1.5lakh-30k= 1.2lakh)?

Thank you in advance!!

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Hi Folks!

I am business analyst/consultant with a total work experience of 6.3 years,I am currently serving a notice period with last working day on 27th May. Let me know if you have any suitable openings in your organization.
Area of expertise: US Healthcare, Lloyd's of London P&C and RPA automations.

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Hi do you interview from time to time just to check what’s your market worth?

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Based on the Gross salary offered I have calculated the in hand salary per month would be around 152000 considering 150000 in 80C, 50000 in NPS and 200000 deductions due to home loan interest. Total tax liability is around 400000. Any other options do I have to save tax further (other than HRA, LTA)? Thanks in advance.

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Can somebody explain what the outlook for dogecoin is? Should I buy like 1000 shares?

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Currently maxing out my 401k and HSA and investing about 1k/mo in ETFs. Also recently started buying I-bonds given inflation. What are other things I should be thinking about?

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likefunnysmart

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