Can someone explain to me what a back door IRA is and how it works? I’m making over the income limit to contribute to any standard IRA and am maxing out my 401 K but no company matching program so I’m wondering whether I should be doing more

Which one would you prefer b/w local lender v/s establish financial institution when buying a home?
What are the pros and cons of each?

SNAP - 5/22 $18p, b/e $16.86

what’s the ratio of equity/stocks to bond/fixed income in your Merrill lynch 401k plan?Do you make any modifications or just use recommended distribution? First job with 401k and not sure what to do!

Genuinely curious: How do you justify working in PR knowing that you won’t make $100k+ for 15-20 years? I’m 3 years into my career and I have regrets about choosing this field when I look at my financial timeline.

Is there any good reason LMND went up $33 in one day?

Personal finance book recommendations?

Thoughts on Overstock OSTK since the holiday is around the corner at the current share price ~67?

24 yr old, 110k TC, maxing out Roth IRA and Roth 401k, no debt or large expenses. Also have ~35k sitting in a bank account. What should I do with that money?? Am I better just sitting on it for a while then watching it shrivel up in my brokerage account?

Hi fishes,
I'm 22 and planning to take a life insurance. I'm comparing all policies and max life seems attractive as it has good claim settlement ratio and less premiums. But there is no office near our area. My worry is that if there is a need to claim in future, it can be done all online by my nominee? Is it recommended to take policy online in any platform(like policybazaar)?
Other options I'm considering are SBI life, HDFC life which offices are available in my locality.
Please guide

Anyone else pretty terrible at managing their own finances? I have an embarrassingly little amount of cash saved.

Why is Deloitte’s 401k match do anemic?

Question about solo/self-employed 401ks: If I create a sole-member LLC for a side business and create a solo/self-employed 401k, am I only allowed to make contributions from the earnings earned via the LLC? Or am I allowed to contribute money earned from a different source (ie W-2 job).

Any advice in terms of investment to save the maximum tax?

Is anyone playing around with leveraged coins on binance?

How do you renegotiate your commission rate on TD Ameritrade and it’s platform ThinkOrSwim? Is this requested online or do you have to call in? Does it have a decent success rate? Im at the original .65.

What are the mortgage rates you guys are getting? Best I’ve heard is 2.5% (30year fixed) curious if anyone has heard better?

I be wanting to go off but then I check my bank app, calm down, and keep working.

Will states start imposing sales tax on NFTs?

I make $101K base salary as a Consultant/Specialist at Accenture Federal in Washington, DC. My husband is a teacher making $55K. We’re getting by with our mortgage and regular student loan payments, but it’s not enough to do much else. We also want to start a family in a few years. What move could I make to hit $150K base? So many of you are making unbelievable amounts… I don’t know how to keep up.

Favorite national park to visit in July/August?

BigLaw M&A: what do you consider to be “big deal” vs a small and medium deal? For example, what do you consider a $150M deal?

Looking for whole life insurance. Who is better Mass Mutual or Northwestern or NY life?

Best long term investment strategy against inflation to get to a large nest in for retirement?

Does anyone know how to declare in my individual tax return, RSA and Stock Options from a US Company that I have? Non exercised yet.

Is there anyone from Canada here? I’m looking for some information on working out of the country, but selling insurance.
Thanks

Any construction/design companies in Pinellas county hiring experienced Admin Assistant or Project Coordinator? Looking

New to the bowl and actively looking to leave the Deloitte!

When will we able to see payslip in portal?

I applied for a role at Amazon bit the status has not changed from Under Consideration since May, should I wait longer or consider it closed?
They have not contacted me for any rounds yet.

I applied for a job within my unit that I do not qualify for. Now, I have an interview for this job. Me knowing I do not meet most of the qualifications for this position has my imposter syndrome thinking I shouldn’t even do this interview because it would be a waste of time. Has anyone felt this way?

What is element require mitigation in a background check?

I’m planning to accept a new position in the next couple of weeks, but I want to negotiate my salary. I’ve been a NP for about 5 years and have been making around $110k. How could I try to negotiate for $125k-130k?

Can a company renege an offer after a bad reference? Will they?

What wfh items can you expense at EY? Looking to start soon.

Wha t‘s the average bonus for director in transaction tax group？

What is the performance review cycle at Salesforce? Will someone hired in November/December be eligible to receive the annual bonus?

LTI or Sears holdings
Which one is good to join
LTI - 33 lpa + 1 joining bonus
Sears- 35 + 1 joining bonus
Stack- GCP data engineer
I have joining on this coming Monday.

im 27 and could possibly retire if I kept my spending low. However you never know what’s going to happen, do you? How do you deal with the uncertainty?

Finished Rich Dad Poor Dad and appreciate the emphasis on creating alternative cash flows (vs. just income). Does anyone have book recommendations on creating wealth? I've focused heavily on income + 'safe' investing, but intrigued to learn more.

Out of curiosity, do you think most ppl max out 401k (19.5k) and Roth IRA (6k) annually?

I'm a young professional finishing my first year of my career. Last month I opened a brokerage account & invested $4000 in the stock market. I'm planning to invest at at least $2000/month every month now with the goal of creating a passive income stream. Do any of you have experience with a dividend growth strategy? How did you get started?

For any real estate investors

22 years old and currently focused on using my left over income to invest and pay off my debt. I am set to pay off my college loans by next year and, when I do, I want to look into investing into real estate. Does anyone have any suggestions on how to get into/learn more about real estate investing? Or how I can have enough knowledge on the topic to be able to invest wisely when the time comes?

Any books? youtubers? etc. How did you all learn about it?

What is a reasonable fat FIRE number for a married couple? Can’t figure out if numbers I see are for one or two peopl

Does anyone know how to get funds that was in a 401k account years ago into your current IRA?

Pushing out my retirement date... Crypto down 60%, stocks down 30%.. I was a millionaire in Jan now only a 750kaire lolz. Just numbers on a sheet keep rolling

What is your socioeconomic background and how much NW do you consider “enough” to be able to live comfortably?

Home reno financing question. Have a big project coming up in the $120-150k range. Funding sources are:
- 90k from a heloc around prime
- 10k from a credit card that offers promo checks at 2-3% for 12-18 months
- 375k in a brokerage
- 5-6k per month cash that I can put towards the project, loans, or brokerage

I don't want to stop funding the brokerage because my FIRE plan is less numbers based than "hoard like dragon until it's enough" but maybe I should... How would you optimize?

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

I have mostly passive investments. I was thinking the other day: what if everyone had only passive investments? Wouldn’t this create incredibly high amount of systemic risk? Are we all sheep??

Have 20k, what’s a good small business to start with this fund? Serious question here

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’ve been reading a lot of FIRE books lately and want somewhere to discuss. What are the biggest takeaways from your FIRE journey/ research?

Have 50k in brokerage to put towards buying a place in Atlanta. Young 20 something who's lease is ending soon

Roth IRA and 401k are well funded but don't want to pull from there.

Should I buy and rent the extra bedrooms to friends, or stay renting and put savings in stock market?

I’m curious why more non-US citizens interested in FIRE don’t go live in a no/low tax jurisdiction even for a few years e.g. Dubai, some Caribbean islands. I get that some people will have family circumstances (e.g. elderly parents to look after) so it won’t be possible for them, but for a significant proportion it will be an option

Realized my savings account interest rate is now higher than my mortgage rate. No way I pay that off early. Eat your heart out Dave.