Hey Big 4 Partners, given independence constraints, I assume you buy investment properties. do you believe this to be superior to buying stocks, and what do you do to educate yourself in this process?

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You can still invest in ETFs, RE is not the only option.

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I own none...don’t care for the illiquidity of the asset. There are plenty of “safe list” funds with which to build a balanced portfolio. I’ve thought about it from a FCF generation perspective but don’t have the time to ID and diligence potential properties....would rather spend the time growing my business within the firm.

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Why is this only directed to partners ? Lots of ya own investment properties.

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Figured out of necessity, they had this figured out. Any insight to share?

A good diversified portfolio of investments will include some type of real estate - could be REITs, commercial real estate via limited partnerships, or direct owned as a rental property.

Related Posts

I have a 25K loan from my MBA. I paid off 100k whole, after graduation. 3 years ago, I moved my loan from federal to private ( SOFI) account. I recently lost my job. I have applied for unemployment, as the severance that I received will only cover for 2 months. Together my husband and I used to make less than 250k after tax. Now, with a loss of pay , we are going to make less. Do you think I will be eligible for Loan forgiveness?

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Does anyone stress about student loans? I have $176k in loans and as January gets closer, the panic attacks have gotten worser. I am in-house at a Real Estate company (making $90k), which is terrible bc they are going under due to the market. I am working to transition to big law for pay, job security and more technical skills. I am a 2019 grad and it just seems so hard to break into big law.

I just need advice on what to do. My mind is scattered and stressed! Thank you in advance!

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Let’s do this today…just for fun

List of credit cards I have and their limits
Hsbc platinum: 1.80L
Hdfc Millenia: 4.80L
SBI lifestyle:2.25L
SBI FBb style up: 75,000
RBL paisabazaar duet: 1.87L
ICIC rubyix Visa card: 12.20L

You guys can share the same if you would like to

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Refinance my current mortgage? I can reduce my interest rate by 0.375%. Closing cost is $1500. My monthly interest payment would go down by $200

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How many of you are involved in share trading/Derivatives Trading apart from your current job? And how are you managing it? What return are you generating?

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Is there any way I can avoid the $5 monthly maintenance Payflex fee for my HSA? (It's my account from my previous employer)

hi how much is the max LTA exemption? i have declared for 52k this year.

Go big or go home. Mega funds only.

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I have no credit history and am just out of undergrad making ~$100k. Any chance of me being approved for Citi Double Cash or Chase Freedom Unlimited? Do I need to get a “starter” card to build some credit first?

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Sheraton now charged my personal card AGAIN TWO WEEKS IN A ROW. I didn't even give them that card WTF. How many points should I ask for? Didn't ask for any last time as I let it slide but now?!

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How much on average do you and your family spend per month?? We are at $8k average including a $1100 mortgage and $1100 in car payments (family of 4 (2 adults / 2 kids under 10))

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Could we see some income and budget breakdowns? 🥰 I love to see how people spend and save.

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New to US investment. Please assess and let me know if I am doing anything wrong or should I do anything different. Invested $25k and now it is around $21k. This is my personal brokerage distribution:
ITOT: 5, QQQ: 27, VOO: 14, VTI: 38

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This is kind of morbid but just read that in 2019, the amount someone can leave behind in an estate is11.4 million.. Is there still a state tax? I thought there was an estate tax, no matter the limit

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Anyone have a good tax person in Philly

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Thoughts on real estate market these days? Do you think theres a house bubble thats about to burst or just a purchasing power/home-buying generational shift from boomers/gen x to millennials?

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3k to invest in vanguard account. What should i pick/are at lowest?

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Genuinely curious, how much cash do you have in your savings account right now? Not stocks , 401k, CDs, etc etc.. just straight up cash..

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What do you guys do about altcoins you want to invest in that you can’t find on your respective companies pre clearing system?

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I can’t believe we’re at the worst time to buy cars in the history of the world but people have no self control and elect to massively overpay for these things. If you’re buying a car at these prices, you are part of them problem

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More Posts

Thoughts of buying a condo/coop in NYC right now... thoughts?

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What are the benefits they provide if we have to work from office at Bangalore.

Looking to network and for transition to an MBB entry level role. 18 months consulting in big data & infrastructure/transport sectors.

Anyone open to some informational interviews? Happy to dm resume.

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Hi Guys/Girls,
I work for a boutique firm with really good culture and pipeline who are a high level partner of vendors such as OneStream and Anaplan. We have a few offices but Netherlands and Uk are hiring the most looking for all levels EPM work. let me know if you need more information

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Are Colorado-specific salary ranges even close to what I can expect in Chicago in general? Or are those completely made up?

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Recommendations for Briefcases one could buy under $200 for Black Friday sales ?

Any recommendations for an unsafe speeding ticket in La? How much is the typical cost? Going 55 in 35

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Hello All,

I have 1year and 7 month of work ex at Deloitte Consulting USI. Have cleared SAP icertify examination of Deloitte and have worked into SAP project management.

Also have an handson experiemce with Microsoft prohects, Octane, HP ALM.

I am eagerly looking for a switch. Please help me with the same.

Thanks in Advance

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Good morning all, I am looking to relocate to Atlanta Ga this summer and am looking for Manager/Business office manager roles. I am a Administrative Coordinator and have spent the last 19.5 years at NYU Langone in NYC and have a total of 23 years of admin experience, but no degree. Any leads or connections would be much appreciated. I’ve applied to over 20 postings but have only heard back from 3.
Thank you🙏🏾

Any pharmacist in industry and willing to give some advice on getting in? I’m a clinical pharmacist looking at roles in industry and wondering what positions fit someone who has practiced as a clinical pharmacist in oncology, critical care, and internal medicine who has not done a fellowship? I’ve seen medical science liaison, scientific associate, and market research, any other roles to look into? Thanks.

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What’s the typical salary for a Senior Associate in Dallas? Glassdoor states about $65k for 3 years experience. Don’t know if that’s truly accurate. Thanks!!

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I am contemplating a new offer for Validation Lead role (non- managerial) at a Big pharma, with 4 years experience -post masters degree. Suggestions on what the compensation should look like ?

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What are your experiences regarding the case interviews at google vs. mgmt consulting? (Differences in style and difficulty, tips, etc.?)

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I recently joined Deloitte’s gov practice (GPS) as a senior consultant within strategy & analytics, post-MBA- While commercial practice exit opportunities seem pretty apparent, I’m curious what exits are typically available coming from the government consulting side, aside from joining formal government roles?

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What would be the expected pay scale for external hire in TCS as Scrum Master with 14 YOE?
Testing background..hired as Associate Consultant..

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How to clear the $200k mark? I’m currently a senior manager in product/ analytics/ growth at an old school F50. 29M, TC is about $185k ($140 base, $45 bonus/RSU). I’m on track to make director in ~2 years with ~250k TC but I’m bored and I want out to a more modern/ tech company. I’m struggling to find roles that match my current/ prospective comp… I’ve looked at sr. product roles and SM/ director analytics roles. Advice on where to look and what title? Will my age/ YOE hold me back? Thanks!

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What FAANG companies have take-home assignments pre-MBA for corpdev/analytics/bizops positions? I know Apple does, not sure about the others…

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Hello,
Anybody who can guide me into getting a job into Salesforce field in Toronto, Canada

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Hi! Hope you all are doing great!
How much hike could I expect as a senior engineer having received solid citizen rating. This would be my first appraisal.
Thanks in adv! 😄

Additional Posts in Partner One

Partners, have you considered leaving this path to go into higher education/teaching?

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I do things (late nights/weekends) that I don't think my managers/partner knows about since everything is running well - directly correlated with elected hours spent. Is it weird to bring this up?

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Hiya! I was wondering if anyone here has any good recommendations in terms of books or learning material that I can pick up to learn about sales and marketing relevant to the consulting industry?

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Partners, what year of partnership did you cross $1M total comp. and has it been above since?

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Honest constructive advise required - I am 37, left consulting as a SM now want to come back and being asked to come in as a SM and been told in 2 years there will be a path to Partnership….should I be fighting for direct MD or should I take the SM path and grow organically

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Do clients ask for fixed price or T&M contracts or do you as PPD negotiate them into one or the other ?

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Hey PPMDs. With all that’s happening in our industry, how are you feeling? Appreciate candid responses so we know how leadership feels during times of crisis.

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Partners and MDs. For those of you that have formed a habit out of reading. Can you say that it has contributed to your success?

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@Partners - Is it possible for your firm to match a competing offer? How would one best approach this?

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Looking for inputs and insights into developing Executive Presence as an immigrant female. Any books, tutorials, live classes etc. that has helped anyone and willing to share? Also looking to hear what in your experience has been the reason that impedes the exec presence someone could potentially bring in a senior leadership setting. How does that differ for a M vs. F candidate?

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What fraction of partners really love their job, and what fraction just tolerate (or dislike) it but enjoy the lifestyle it affords?

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How is Bain&Company doing? Don’t see them making much news even on LinkedIn.

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I’m being considered for partner admission process and am concerned I have a DWI from a year ago - should I be? I’ve been a teetotaler since and have a clean record all through 15+ years of career.

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Wife and kid are going to be out of town for the next 2 weeks. Instead of wasting time, I’d like to do something productive. What would you do if you have say 3+ hours a day. Maybe self help, wealth creation type books, work out daily, take care of some things around the house.

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Great discussion board

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Anyone with experience hiring a maid-cook who lives in-house.

I just went through a divorce and will need an extra hand with my kid - preparing for the new single life. All advice is welcomed

Deloitte partners, I’m interviewing for Deloitte S&O manager. After reading posts here, my understanding is that there are 2 tracks.
Partner track: M, SM, AP, P
Cont...

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Hi Partners, any of you working on growth strategy combined with analytics and service design? I think that there are great opportunities on the intersection. Looking to define my niche.

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PPMDs that have switched firms, either with the Big 4 or exiting to a smaller firm — what are the pros and cons? Any unanticipated learnings? TIA