Are investment properties good for retirement?

Follow up on Rich Dad Poor Dad...General consensus is to buy real estate...So for those of you who have read the book, have you bought any real estate lol?

How big is to big for an initial investment property. Theres a 20 SFH portfolio for sale by me for about a mil. Is this to big to start with initially? I'm less worried about the Financials (feel comfortable on that end) and more worried about the managerial aspect.

What’s the best investment if I have a timeframe of 2-3 years? I need the money for business school in a few years - right now the moneys just sitting in a wealthfront account, risk setting 8

Left Accenture 10 years ago... can someone remind me what the ESPP offering period(s) were and when stock was purchased? Was it 1 or 2 offering periods per year? And what were the months of each?

I’m looking at investment a portion of my portfolio into alternative investments. Maybe around $30k to start. Anyone have recommendations or experience with Alt investment vehicles? (e.g., crowdfunded startups/real estate, PE, VC ETFs)??

How many of y'all have trust funds? What'd you do with the $$$?

Any recommendations for best balance transfer card? Like zero APR for 15-18 months and no fee? Also nice to have points or cash bonus

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

Can my current lender refuse to accept the payment from refinance lender because they want to make more money from me? How do I sue them ?

Ally bank dropping rates again. CD a good choice?

For those of you who got out at 10, do you wish that you rode it out to 20? I’m at a crossroad and I’m not sure what to do. Have some active/reserve time, wrapping up graduate school, and am now considering either a) come back to the business world or b) go active and retire before 50 and live off a nice pension. Obviously there are draws to both. I’m an officer for what it’s worth so I can realistically retire at O-5, MAYBE O-6.

I am trying to justify house buying in HCOL city. The house cost is minimum 1.4m .monthly mortgage would be at least 7k(with just around 2k principal) rest goes to either int,tax. Not to mention regular house maintenance. How is it better than 3.5k rental. I understand appreciation and own house independence. But I am just trying to make numbers work.

Can your spouse be employed in Google and getting RSUs?

What to do with stocks/crypto accumulated in US, sell them when moving back to home country after completing H1B ? What about taxation when you hold and sell later ?

If you living currently in a home and looking to buy another home but plan to put only 10% on the new home, can I pay the remaining 10% after selling my existing home in 1-2 months .. and get the PMI

Hello everyone, I'm trying to get into real estate investing. Some of the books I've read have talked about buying a multi unit property and utilizing investors to get the necessary capital. Does anyone have experience in getting investors? How do you identify investors who may be interested? Are there any sites where you can invest in or post investment opportunities?
Thank you in advance.

Hey all! Curious your thoughts. All else equal, roughly how much does the average couple spend in retirement per year? Trying to figure out how much cash we’d need saved assuming we retire at 60. Thanks!!

What price per sq foot to investors start buying in the north ATX home? My home is on the market and not moving. Trying to understand at what price point does it become attractive to investors

Can anyone tell me where I can declare a home loan in the Payroll portal?

I am a little confused...

Best areas to invest in commercial property in Pine.

Make 450k as SC at KPMG. SHOULD I EXPECT MORE AT PWC?

Can you please tell me the total comp range for - Senior engagement manager ?

Recently moved into Tech Sales. Frustrated with my Salary (32K base/year, negligible bonus potential of a few K). Was making ~3K/week on average in my previous role which was commission only, no base. Feel like I am completely wasting my time and potential. Saw the cut as necessary evil initially in order to move into tech sales and make multi six figure commissions later on with potential to reach 7 figures in total comp. At least my current role is with enterprise accounts which. Thought?

After ~20-30 min on a call, I stop paying attention.

Anyone looking for a shared apartment? 250 all utilities included and parking

Why if you are on H1B is so much problematic for vendors looking for contractors ? Vendors keep on asking to join on W2 rather that Corp to Corp although for employees on H1B we cannot join on W2 due to immigration issues. Point being does it matter for end client , if the contractor is coming as W2 or not ?

Is there an easy way to switch XLOOKUPS to INDEX MATCH? Have a large file with bunch of formulas that don't work on all client machines (different excel versions).

EY’s FSO Financial Accounting Advisory Services is growing and looking for seniors and managers with prior audit experience. If anyone is interested or open to discussing, comment or DM me!

Hey everyone,
Is there any portal for IBM ex-employee where they can raise their concern or requests?

When looking at offices to work in, what do you value the most? As a realtor, to me what matters the most is flexibility in my hours.

Can my current lender refuse to accept the payment from refinance lender because they want to make more money from me? How do I sue them ?

Ally bank dropping rates again. CD a good choice?

Has anyone worked as a medical assistant for a temp agency? If so how was it? Likes? Dislikes?

Anyone got surprise hike this month??
I got around 10-15 percent hike apart for Yearly Hike.

HI All,

I have 3yrs of experience as a Customer Service Associate. I want to change my line of work as it is very monotonous. Can anybody suggests me what are the different roles I can apply for with my current skillset?

Desi bowl leaders now blocked DD from the bowl for asking to take action against personal attacks and name calling! Cancel culture at its best.

What type of background check do HF/PE/VC forms so these days? Employment, education and felonies are a given (I think) but is fingerprinting and drug testing still in the mix? How about credit score?

For the past 2-3 years, I have obsessively tracked my net worth/income trends/investment performance over time. I checked my trends just now, and OMG I hit the 300k net worth mark right around Christmas. I guess I haven’t looked at my dashboard for a month. This feels so cool. I want to shout it from the roof! I can’t really brag about this to my friends, so I’m sharing here! 🎉 🎉

27 F. Work as 1st year associate in Big Law NYC. Base salary $215k, bonus is ~$10k (lowballing), student loans are $150k, total savings are about $100k. 0 family money and will likely be supporting parents long term. Any advice on how/when to start investing in real estate. Currently have all savings in market (with personal investing in index funds or 401K/RothIRA/mega back door).

Anyone interested in having a meetup in NYC in April and exchange our FIRE experience?

Sooo AMC.. who’s in?

😂

What are some aggressive ways to control your spending? I tried a little but of everything(paying myself first, only debit cards,cash) but seems like i have the urge to spend and i do so. Any tips?

what are the tax implications when you withdraw from your espp? what are the necessary steps you have to take so you don’t get overtaxed?

Does anyone use a brokerage account instead of a checking account? Mine offers a fee free debit/atm card and free checks which I'd rarely use but starting to question whether it is worth maintaining my "big bank" checking account that requires a $1500 minimum balance.

I also have a local credit union checking/savings that I'd use if I need any services or to deposit cash and a HYSA that gets my paycheck, is used for mortgage and credit card payments, and to transfer to checking or investments.

Today I am 28! Any advice you wish you had at my age?

Question about what to do next. I’ve maxed out everything—401k, HSA, IRA, backdoor Roth 401k. My bills are all paid. I’ll probably make about 16,500 more this year to do stuff with (ie money that isn’t going to taxes or insurance or anything). What should I do with it? Crypto? Set it on fire? Get a hair transplant?

Should I lump sum $150k into the market or DCA? Just looking to grow the money, no other short term plans.

Should I move to another firm and take the higher pay (20% more) and do more work I’d enjoy doing and have better growth and long term career potential, while sacrificing my current title (would have to step down from associate to analyst), WLB, and team chemistry?

My monthly salary is around $6.4k after-tax. Living in NYC. Do you think it’s reasonable that I pay:
- about $1.5k on rent
- about $500 on utilities and subscriptions
- about $900 on student loan
- about $2k on food and etc.
My saving goals is around $3k so been trying to adjust my monthly spending.

Does anyone have any inspiration stores of FIRE without an incredibly high income/family financial support. Looking for hope 😅

Single and childless but would like kids. High income and maxing out all tax advantaged accounts I can but was thinking of starting a 529 in my own name to be transferred to future kids. If I don’t have kids maybe transfer it to my nephew. Thoughts, pros, cons?

I’m maxing out my 401K, traditional IRA and HSA this year and paying for some house improvements. I have about $750K total investments and very close to $2M net worth, but realize that I am behind on investments if I want to do FIRE. I was focused on paying off huge chunks of my mortgage and managed to whittle it down to $75K left. Would you suggest I go ahead and pay that off this year? Or pause and do a mega back door roth instead? I’m mid 40s. Thanks!

Max out 401k before contributing to taxable brokerage? Roth IRA is already maxed out.

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)

When do you predict the dip? I've been waiting for so long, but don't want to buy now. VTI seems inflated.