Deutsche Bank is predicting a “major recession” in late 2023 to early 2024. What (if anything) are you doing to prepare? I’m hesitant to move any assets around right now given the markets downturn. Maybe change investments going forward over?

Thoughts?

Pros and Cons of ESPP in UK and tax implications if we hold long term (>3Y)

How does carry work at the publicly traded MF? Are you awarded just stock?

Personal finance book recommendations?

Hi all! We bootstrapped through development and market product fit, and it’s time to bring on investors. We have meetings with great VCs lined up - do you have any recommendations or examples of great pitch decks? Thank you!! And wish us luck 🤞

Any good recs for someone to file taxes?

Anyone aware of good and affordable virtual financial planners?

Currently 27 and have no loans. I contribute 7% to my 401K, $168 a month to HSA and $150 a month to a separate Roth IRA. Should I invest more in my 401K? I’m using the Roth account as half retirement/ half first home purchase account

Oil is all time low but oil stonks are not. How far sighted wall street is. Are they hoping oil companies can sustain next 6 month and their forward looking PE justifies today's stock price.

Any accredited investors here? If so, have you ever actually made an angel investment?

Is VC considered Buy Side?

Would anyone have an exceptional tax law person or tax strategy advisor to recommend? Might set up my own company (for freelance) and it might overlap with a real estate thing I might start… and there are complications of living on two sides of a state line- one where there is no income tax… Portland or Washington state a bonus, but these days could be anywhere. Thank you in advance!!! Also tips and tricks (legal) welcome!

I selected new tax regime in the company 'xyz' portal for April 2021-March 2022. I left this company in jan 2022 and tax of 16k got deducted from F&F settlement.

I have investment in EPF and submitted the rent receipts to the company for tax exception for HRA. But in F&F, based on new regime tax deducted.

During filing ITR for assessment year 2022-2023, can I file by selecting old regime and get this 16k return?

Thoughts on crypto?

Do you think that I could make the point that as a 22 year old, I plan to be on my parents insurance for the next 4 years until I can’t be anymore, to negotiate a higher salary? I’m not costing the company insurance, so they can afford to pay me more is my reasoning. Am I crazy or does this have some substance behind it and how would I even start that conversation? Any advice appreciated. I make 56k now, looking to be around 60

How much tax will be deducted on 18lpa fixed salary (1746800 in hand after epf deduction)? Even after investing 1.5 lacs in 80c.

Hello people,

Need some inputs!

When I file my ITR, it is auto-populating the 'income from other sources' by 40k and increasing my tax liability by 10k however form 26as shows no tax liability.

Should I edit the header to Rs. Xx which is below 10k hence tax exempted and stick to info as per 26AS?

Thanks a lot!

How would I go about getting life insurance? Is that something that I would do through my bank? or what I have to go through a separate company altogether?

Can someone please explain RSU for me like I'm 5? I keep seeing these huge numbers. How much of that do you actually realize a year? How do you access that money, do you have to go in and sell those shares? How often can you do that?

Hi All,
I recently learned that we can get our PPF limit from 1.5Lakh per year increased and so does it increase in 80C. Is that true? And if yes, how can it be done?

For those with RSUs do you let them ride or sell them and diversify into mutual funds right away? First job with RSUs ever and it’s 25% of my comp, but working at a company that’s already done multiples post pandemic (think square)

Hi folks,

I have 8.9 years of tech writing experience. How much CTC should I be expecting when I join a new company. My current CTC is 20L pa (18.75 (fixed) + 1.75 (variable)).

Hcl : 24 LPA ( inc variable)
IBM : 24.42 LPA (inc variable)
.net developer

Which company I should final considering good Work life balance and job security ?

Any market correction this time guys? When is hike coming....heard June/July or October...
What is correct? If October, why such a wierd policy of so long wait...by October , people will be focusing on this year cycle😂

How do you look for a job in Sweden from the US? Have a Swedish spouse and are thinking of moving from the US. T10 MBA + MBB firm, not sure how to find opportunities or convey experience to them. I could transfer offices to Stockholm but want to see other options

I am loosing my job and feeling lost, demotivated and depressed. Has this ever happened to you?

Advice needed: I’ve been working in change management for 6 years and want to jump to industry working in mergers and acquisitions. However I have a very limited working experience within that space. Has anyone made this jump before? How did you navigate it? I’d like to talk to a few people if possible for advice / guidance. I know there are a lot of change management skillset that would transfer over.

any ubs internal consulting employees who just done the case study interview not too long ago? just wanna get a flavour of what it is like.

I have a offer from ey india - client morgan Stanley with offer - 23 lpa fix + 20 percent variable. I will be working from pune location. Project will be somewhat relevant to fraud detection
Another offer is from citi with 24 lpa,project related to market risk And third offer from hsbc of 20 lpa with project related to insurance domain and i will part of a team they call as api team.
Want to understand which offer should i go for ?
My priority is wlb and technical gowth, company culture

Has anyone heard whether Forensics is participating in layoffs this week too? Or if they will soon?

Remote Instruction is what we get for all the times we thought to ourselves pre-pandemic, "I wish I could sit down for 2 minutes."

Why firm is “begging” for employees? I mean firm is now paying more and adding more benefits to show what can employee get and try to keep or attract them. Aren't they know that in a romantic relationship, the more you say “please don't leave me, I will do anything for you ”, the easier the other party to control you? and you will not get respect? I'm an employee wants more, just a question to discuss about the firm's strategy.

I joined a corporate firm as a multi year experienced paralegal. It seems however that I am not necessarily welcome by other paralegals in the Dept., a few negative comments to partners about me. Obtaining assignments feels much like a popularity contest. Any advice on overcoming the negative vibes? My fear is that there is a negative reflection about me and the managing partner doesn't seem open to me, even though I haven't had the opportunity to work for him or the others yet.

Does anyone have experience working with Even Up?

Has anyone listened to the new song today! So many feels💕

Anyone hiring a senior level analyst? A good friend of mine was just furloughed. He’s brilliant, 20+ years of experience, clients love him and coworkers adore him. Most importantly, he’s smart as hell and has a knack for bringing data to life and is a strong strategist.

So this will be my first Thanksgiving working. Not going to miss the family drama, and I'm imagining front of house will do pretty well with tips but maybe that’s optimistic. Any thoughts?

My partner and I are considering getting the 2018 Honda CR-V EX-L for $28k used, mainly for the adaptive cruise control and lane centering assist feature. Is this reasonable and still have fire goals? Does it matter what out income, age and net worth are?

Do you feel like your “wants” drive you to earn more or do you start to enjoy more expensive things because youI have the money now?

What’s the strategy for planning to support aging parents? My mom has not a penny to her name but does live in a mortgage-free home. My siblings are worthless so it will be on me to support her.

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

I am new to the Fire movement. Just wanted to say thanks to everyone out there for opening my eyes to this possibility! Tough goal but... I'm going to start planning and I'm sure I'll get there!
...

Question for the group: once you hit FIRE, what do you plan to tell people when asked what you do for a living? I feel like so much identity is wrapped up in career, job, what you do etc. that it could get awkward trying to explain FIRE to people. Genuinely curious how people approach this.

Can someone help me with this? I had a low utilization since pandemic, I.e., ~sub 5%, but never missed any payments. Would credit score be impacted if only one line of credit with a low utilization?

Too few accounts currently paid as agreed
FICO®

Scores consider the number of accounts that are paid as agreed. Your score was impacted because the number of these accounts is too low, or because you've missed payments recently on some of your accounts.

So what does everyone do for side hustles? Feel like that’s a big part of FIRE along with living below means. Any good ideas that aren’t an internet scam?

29yo single, TC of 200k and got my first new car for 84k which I plan to use for at least 10 years or basically till it breaks down. Other monthly expenses are 1.5-2k . Did I spend too much on the car?

Is buying a home early a smart investment decision?

I’m 21 and grew up in a poor family so I’ve always been extremely aware and conscious about money. I need all the financial advice I can get!

I've saved some money around (60k) and planning to buy my first rental property. But I'm not sure where to start, infact I'm not sure which areas/cities has great potential. Given the current economic conditions/mortgage rates is it wise to invest now or wait until things settle down? Any advice?

How much is in your emergency fund and how long did it take to get there? Feel free to add HHI, etc for more context

ROTH IRA > 401k > HSA > Backdoor / Mega back door > brokerage

Is this the correct order?

VOO or SPY?

Do you think 4k monthly rent on 370k total HHI is reasonable or excessive?

I’m planning to build out a set of wealth management tools and would love to get some feedback. When planning for retirement, how would you prioritize the following (and is there anything else you’d consider)
1) early retirement - minimizing the age required to get just enough wealth/ savings to retire (I.e., your target wealth at death is zero)
2) inheritance - maximizing the value of your wealth at the time of your deaths