Assuming that capital gains tax is at the all-time the lowest it will ever be again…Is anyone else considering selling this year to pay it now? (And then reinvest?)

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You mean short term cap gains?

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Given that tech sales reps can be some of the highest paid professionals, but with “lumpy” income, curious how people are investing? Feel like not enough of my peers are doing alternatives like real estate.

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How old were you when you broke 6 figures (including bonuses)?

25

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For all of you who saw 70%+ changes in salary from pre to post MBA. How much debt did you take out? Was it worth it?

Does the new salary significantly outweigh the 150-200k debt?

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Does anyone use any budget tracking apps? If so what do you recommend?

Can anyone recommend a CPA who can help an individual (NY based) with filing taxes? Should have experience dealing with clients in the reselling business (buy and sell of goods). Client will pay well

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I can help setup investment properties through debt service loans. This can definitely help with passive income

Just found out how much my parents have saved for retirement and I’m so concerned. It’s so very low. Starting to feel that no matter how well I save, it won’t matter because it’ll have to go to them.

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Recommendations to invest 15k in the market. Looking for term. I already invest in VOO and VTI whenever I can. Should I just split and put in those 2 or put in something new?

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Loop holes to use the VA home lone to get a rental property? Or buckle down and save for the down payment?

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Anyone have a good (and not exorbitantly expensive) accountant? My taxes have gotten more complicated than TurboTax and I can handle this year

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You have the following offers. Which do you choose?

1) $185,000 no 401k
2) $165,000 + annual 30% bonus based on company and individual performance (15% paid in stock options & 85% paid in cash) + 401k no match + $10,000 in stock options & $1500 at signing
3) $153,000 + $30,000 signing bonus + $16,000 annual performance bonus + 401k w/ 7.5% match
4) $100/hr 1099

For arguments sake healthcare benefits or lack thereof is immaterial.

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I’m seeing lots of posts about really bad losses. If you trade you’re going to lose money - hopefully not all the time, but many positions will be mistakes. But you need a process to find ideas and manage positions. Two books you should read are “The New Trading for a Livinng” and “The Laws of Trading.” Both look at psychology, process, and risk in different ways that can help you work out your own process. The next 18 months will be much harder than the last 18 - time to start learning.

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A little short on downpayment for my primary home. Does getting a HELOC on an investment property make sense? Specifically, will the ‘hard’ credit check limit my options for the new mortgage?

Does anyone have experience with wholesaling? Looking to see if the rewards outweigh the risks. What are the main risks outside of having to purchase the property if you cannot find a buyer?

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Need to urgently find a 500k job. Can't keep up with mortgages with anything less. Any advice?

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Thoughts on a HYSA vs Vanguard Money Market Fund. Most HYSA are at ~1% and Vanguard MMF is at 1.3%. Should I park my money in a MMF long term, even when banks raise their interest rates?

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Are all 529 plans not allowed if one makes partner at PwC? Seems like everything is showing up as not permitted on independence checkpoint.

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Just checked all the assets and realized we're close to 1M€ net worth. Most of it is on the house, don't feel rich at all.

What platform do you use to trade stocks? I use fidelity and robinhood.

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If someone buys an income restricted property and they then get a raise / start earning more than what they originally had at the time of purchase, do they have to sell the property or can they keep it?

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More Posts

I agree with Biden not talking about “court packing”. The day he opens his mouth the election becomes about it and all the crazies will come out of the woods and vote for Trump. Everyone will forget about the virus and America will be screwed for 4 more years.

FYI I can’t vote, but my future in this country is on the line. I wake up anxious everyday thinking legal immigration policy will be changed by an EO or a tweet and my whole future will go down the drain.

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What sort of work is available for electrical engineers in robotics?

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What's the professional way to persuade my manager to go with my design instead of hers? Context: I'm the one who develop the products and I designed the structure of input data. My manager decided...

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Is it the smart move to take a pay cut and clerk for a judge?

Little context: I was an ED student, full time paralegal/clerk throughout my law school experience, and a single mother. I did not take advantage of the law school extracurriculars and missed out on clerk application deadlines my final year (2020). Would it benefit me to take a pay cut as a transactional clerk by about $20k to work as a clerk for a year then re-enter firm life? I’m transactional and enjoy that line of work.

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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.

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I can help setup investment properties through debt service loans. This can definitely help with passive income

Can someone teach me how to short the vix in such times?

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Who else here thinks that this world is messed up? A driver from my company got into a car crash because a guy in a SUV tried to rear-end him... fortunately the driver is fine

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Excel Cntrl + [ makes me feel like a superhero

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Has anyone ever punched/broke their computer out of frustration?

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Hi all! Has anyone else been interviewing for in-house, mid-level Privacy counsel roles? I have found these interviews to be extremely demanding (11+ 45min-1hr interviews with technical/legal specific questions + 10hr writing assessment). Has any one else experienced this? Is anyone else finding that these assessments are becoming more of a norm in the interview process for privacy roles? Thoughts on this or advice? Thank you!

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Hello fishes.

I was interested in finance profiles at bain and co. Wanted referrals to be able to explore opportunities.

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What would you prefer -- a higher pay or a better work culture?

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I lost my job a little while ago and have been struggling to find another one. Hoping I can get some help from my fellow fishbowlers with referrals/ connections. Stuck in a visa situation too!

Have been working as a Product Manager for 3 years in retail & fintech. Open to PM roles in any industry.

Any help will be greatly appreciated :) Thank you.

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So much workload here.. working almost 12-16hrs a day.. planing to leave..

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Anyone planning on attending the virtual HOD meeting Friday about the name change?

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Can anyone advise what their ballpark startup costs were, how long it took to get “afloat” with clients, and anything you wish you knew before hanging a shingle?

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What’s your average case load and type of case? Firm wants around 75-100. Basic car wrecks.

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Hi. How do most plaintiffs firms deal with payment for a private investigator and comport with the ethics rules? Do you always charge to client unless indigent? Can the firm eat the costs if client is not indigent or is that a violation of rule 1.8? I understand it varies state by state but trying to get a general understanding.

If a headhunter put you in touch with an agency in the past, are you required to go through them at any point in the future? Even multiple years/ jobs later?

Additional Posts in Personal Investment Chatter

How to learn about investing in stock market? Could you suggest a book or a website or a YouTube channel. Thanks

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Trying to choose 2 funds to start my ROTH IRA off with. Looking at VOO, VTI, VTV and QQQ. Thoughts?

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Have about 40k in savings I’m looking to grow over the next 5 years to put a good down payment on a house. Does anyone have any recommendations for what I can do to generate solid returns over that time period? New to investing and grew up without a lot of money

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If I earn $135k base and don’t know if my September bonus will bring me over the ROTH IRA contributor earnings limit, and it does, will I be penalized next tax season for investing $6k into it this year?

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Have my fathers Ira passed down to me due to his passing a few years back. Can I transfer the assets into my own account or can I move them to my own Roth IRA (pay taxes on the gain)? Want to simplify and have less accounts

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Need some advices for 529 plan. Would it be better to instead invest the money rather than put them on a 529 plan? I have three kids. Should I open a plan for each of them or one plan for all of them? Also, in case kids takes a different direction and do not end up using the fund, could it be used for other purposes? Thanks!

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Since Nasdaq has recovered all losses YTD which tech stocks are still available at discount. Looking for 10-20% upside in 6 months. Or tech is in overbought zone and will cool off from here

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Can you get out of an apartment lease due to COVID-19?

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Just found out how much my parents have saved for retirement and I’m so concerned. It’s so very low. Starting to feel that no matter how well I save, it won’t matter because it’ll have to go to them.

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Recommendations to invest 15k in the market. Looking for term. I already invest in VOO and VTI whenever I can. Should I just split and put in those 2 or put in something new?

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To get this rolling - anyone used Fundrise? Experiences with it (rate of return, satisfaction with service, etc)?

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Thoughts on a HYSA vs Vanguard Money Market Fund. Most HYSA are at ~1% and Vanguard MMF is at 1.3%. Should I park my money in a MMF long term, even when banks raise their interest rates?

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What platform do you use to trade stocks? I use fidelity and robinhood.

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About to be manager level at MBB, and pretty miserable. I have about 500k in investments, 350k of which are in Roth accounts. If I just want to have 200k plus in retirement income inflation adjusted and make the jump to industry for a ~250k exit, can I retire by 50?

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32, married. Have tried to keep expenses growing slower than income over time and have been able to sock away a good amount. Really don't feel like I need to spend more to be happy, so goal is to get to a net worth where I feel I can do everything I want (mainly traveling) and give my kids a good life so they can do whatever they want. Feel like I need 7.5-10M to feel comfortable doing this and think this could occur around age 40-50. Anyone successfully done this and taken foot off the gas?

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Noob question: How do capital gains tax work? If I sell my 401k/non-retirement brokerage investment (within the year of buying it) and buy another fund (not cashing anything out), would I still need to pay any sort of early withdrawal/short term taxes?

Any help very much appreciated

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Hi - I started a personal finance Instagram account. @ springtofreedom. Any feedback would be appreciated. Thanks in advance!

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Where should I invest my Roth IRA? Currently making 401K all in S&P. HSA also all in S&P.

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Would you refinance mortgage in this situation? Current rate 3.25% 30 yr. New rate 2.625% 15 yr. Interest savings of $257/month. Closing cost of $4300, so 17 months to break even. Long term home.

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Does anyone know how to have Google Sheets or Excel automatically pull up weekly prices of stock tickers? Currently keeping an Excel sheet running of stocks mentioned from financial newsletters I read and updating manually. Any formula or trick to track investments would be helpful - thanks!

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