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Thought this was interesting. Across 160 teams of researchers, just about all failed to make good life outcome predictions on things like GPA, evictions, layoffs, and others. Data followed 4.5k families across 15 years, with 13k features (varied over time). Haven't looked at it directly yet, but will be turning the docs and data inside out... In the meantime, authors claim this as showing the limits of ML. Oh, and it's published in PNAS, so you know there's some big publication energy there.
https://www.pnas.org/content/117/15/8398
Adobe India is Hiring !!
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AEM
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There are lot of openings in Adobe other then mentioned above and employee referral is taken on priority at Adobe.
Please connect with me at https://www.linkedin.com/in/adarsh-nayak-aem to proceed further
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Rising Star
With that amount of taxable investing I'd say yes, you'd want to minimize your taxable gain each year with something like a SMA
ETFs is best for you then. QQQ, ICLN. Or just SP500 index
Rising Star
Inherited, I presume.
Rising Star
You have been holding various mutual funds for a decade. And you selected those funds yourself plus decided to let them grow. Did not pull out during major dips in the last decade. You are not a newbie :) but a seasoned investor (not a trader of course) who has the grit of a strong investor.
Back to what you should do -
1. Check the expense ratio of the funds you hold. Anything with more than 0.3% in expenses and more than 30% in turnover ratio are the immediate candidates for a switch to low expense market index fund (VOO, IVV, VTI, ITOT are all fantastic options).
2. If any of the funds you hold have a lower return than the ones I mentioned, switch them too.
3. Consider tech index funds too (QQQM, VGT, FTEC are my favorites).
4. Might think of allocating about 25-30% to bond index funds, once interest rates start climbing back up.
For the 500k in savings, keep about 6-8 months of expenses in a savings account or a very liquid fund and invest the rest.
With the current market, instead of putting all of it at the same time, put them in slowly, about a few thousand every week.