Hi FIRE friends! My mom is going to get about 250k from the sale of her house in a few days. She’s 58 and has very little saved for retirement (immigrated to the US at 45 so only about 50k in her retirement savings currently). She’s maxing out 401k, Roth IRA, and HSA. I’d love to get all of your thoughts, where do you think she can put the money from the sale of her home?

Anyone trade stocks on the side? Not at a day trading level, but not buy-and-hold either...more like aim to hold 5-10 stocks at a time for 1-2 months and earn a decent short-term profit (10-15%).

How much do you normally on average net when you sell a home? Looking to upgrade due to second kid on the way and I’m curious how much goes to fees, brokers, agents, etc. My current home is worth 325k per Zillow and my mortgage balance is 165k, so about 160k of equity. So if I sold it for what it’s worth at 325k, how much could I expect to net for my next home’s down payment? I see different answers online so anyone with experience would be great. Thanks.

I spent the last 3 months "growing up" & now I'm ready to go. 1st thing is for me to get my own place. I'd like to buy instead of rent because I don't want to pay someone else's mortgage.

I'm thinking of selling my car & cash out some of my 401k to buy a house. My thought is to put down 3.5% for a FHA loan then make a big payment towards the principal to reduce long-term interest.

Anything wrong with this thinking or anything else I should consider?

Is it a bad time to open a gemini account? I know the SEC fined blockfi and stopped new accounts from earning interest; Voyager, Celsius, and Gemini were next to investigate. Should I wait for that to settle down first? Interested in using gemini earn for their GUSD interest.

Another question, how is gemini active trader? Fees seem lower than coinbase pro if trading low volume, but would love to hear thoughts on how well it works.

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

I have a 401k and A Roth IRA but I’m not active in my investments. What are some good sources to get started to understand personal finance and investing?

Any McK fuel people in here? Kinda curious about this segment in reference to deal structure. Is it all commercial debt?

Does MS provide any reimbursement for WFH setup ?
If someone does not have a personal laptop/desktop, does MS provide a laptop for WFH ?

In the UK what rewards credit card is best for relatively frequent travelers? Amex platinum / BA premium / something else?

I’m considering investing into a special purpose vehicle (SVP) that would invest into a first round capital raise for a cannabis saas company...what are some of the key questions I should ask/consider? The company has already received seed capital from a couple big names.

I’m 25 and have found a duplex I’m considering purchasing as a rental property. Planning on renting both units and have the cash to make the down payment without an issue. My cash flow analysis has a payback period of 3 years for my down payment and a 13 year payback period for the whole investment. I think financially it makes sense. My question is, is it realistic for a 25 year old young professional to handle dealing with all the extra curricular’s that come with owning a rental property ?

I applied for a job and received an offer from my client. 15k+ bump in salary, better benefits/remote work, and responsibilities will give me exposure to all areas of the organization (start up). The problem is that they’re looking to staff me as a Senior when I’m currently a Manager at DT. They said they’re flexible on title, but curious to hear how others have navigated similar situations. I would report directly to the controller and have 1-2 staff reporting to me...

Hello folks, any credit card suggestions with good benefits and cash-back? Please advise. TIA

Best money-tracking app out there? I've heard good things about mint???? 🤔💸🤔💸

Any info on the agency Heartbeat in NY?

I forgot to transfer my crypto or withdraw from binance to binance US. Is there a way I can withdraw or transfer now? I think the deadline was until Nov 2020

Hi Fishes, I cleared an AVP role in JP, Hyderabad. I'm currently at 22 LPA and JP is offering a 45% on this. I have 17 years of experience and 13 years association with Deloitte. Should I consider this offer. Deloitte has great flexibility, my last annual bonus was 3.2L. Does JPMC has flexibility and what other benefits do they offer?

can anyone let me know about Hashmap. The company has been acquired by NTT data and they are offering ntt data offer.

YOE is 6. Profile is senior cloud engineer-ETL

What is the notice period if i joined UST as permanent employee. It's been 2 months there

It's freezing tonight bitter cold. I just ordered Chinese and I'm not sure if that was a shitty thing to do. I think they need to make money so if no one calls that wouldn't be good. I did tip well

529 prepaid tuition plan: Anyone here who has purchased this? Would be great to discuss pros and cons. I’m thinking about this using Illinois Bright Start 529.

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

Hi Team,

Looking to help a friend out here. She is looking for a entry level / associate learning & development, training, or marketing position in the Dallas Fort Worth Metro area. For the last two year she’s been a Sales Trainer with a Major Appliance company and was recently let go. Any leads, referrals, or help would be much appreciated.

Thanks in advance!

For questions as to why you are looking to leave your current firm.. I am looking to move because for some reason I am hand-held a lot and given simpler tasks, so I am getting bored and want more challenging / much more fast paced environment. Also kind of bored because I am on one project for a long time and I want exposure to variety of projects. Is this a fair answer or would I be seen as arrogant? Is there a better way to frame my answer?

Hi fishes, if someone wants referral in cognizant feel free to Dm me with the job id.

Hello Fishes, Please help me choose: Cognizant - 35 LPA(31.5 fixed+ 1.5 var+ 2 JB), Noida location Adobe- 35(31 fixed), Bangalore HTC global services- 18k Malaysian ringgits pm(~39 LPA) Kuala Lumpur, malaysia location Tech stack- Boomi Yoe- 12 yrs Current location - Noida P.S. - my tech stack will change if i join adobe Adobe Cognizant HTC Global Services Boomi

There’s been some posts on the best planning tools (e.g. planners, calendars, etc.), but my question is how do ppl make sure they use them? I get them and am excited about the possibility of them helping for about a week then I just stop using it. Even if I find it helpful I just never stay consistent with it. Does this happen to others? Any tricks or suggestions to stay consistent using planners, to do lists, calendars, etc.

How dangerous is crown heights these days?

Hi,
I got selected in another company and they want me to join in 30 days. But in TCS notice period is 90 days. I am in client billing. Will TCS has a buyout option? Or will they reduce my notice period to 60 days?. Any ideas plz

Hi Fishes anyone here working in ADDA project

Does anyone with adhd ever feel like they just can’t wake up? I feel so lazy but I want to be so productive. Also, lately when I take my medicine I can’t even focus on work just other things.

Hey Fishes

I got an offer from gaming company @pragmatic play Hyderabad for SDE 1.
Not sure how the company work culture and work life balance and all.

If anyone has idea. Please do help.

Thanks in advance.

Hi fishes, do qualifications like B.E, BCA or BSC decide the CTC?

Do you think it’s bad form/ unprofessional to flip badges when a contract is lost? I’m not sure if it’s just leadership bullying, but they’re discouraging staff to take other offers from the winning company.

Hi,
Lead-technology is only for development role or it might be qa or production support in synechron

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

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

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

Hi, I repaid my student loan today and feel awesome. Want to start saving for a home ($350-400k). Any suggestions if I should invest in something short term or a Roth IRA or let it sit in my bank?

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

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

Still using Ally Bank savings account, but the APY had dropped to .60%. Time to move. Any recs on personal savings account? This is my emergency “savings”

Are we on recession? My portfolio is super down - low cost ETF investor here

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.

Do you think house prices in NJ will go down/up? Thinking of buying a house in 9-12 months and saving. What % is a good down payment? (First time home buyer here)

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

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?

Are my crypto profits taxed?

Well yes. Crypto is taxed like stocks & other types of property. When you sell for a profit, you are required to pay tax on the gains. It’s called capital gains tax.

Significant other and I crossed the combined $1M net worth mark this quarter! Mostly in RE and 401k so we will not be FIRE-ing but still excited to be in the 7fig club.

Sorry, need someplace to celebrate and you guys are awesome.

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?

Once you hit your FI number, what are your plans? 1 yr? 3-5yrs? beyond?

Sharks! I’m 33, currently working as a Java Architect (11.6 YOE, 40 LPA INR). I’m planning for retirement at my 40. Currently owning a house worth 1 Crore INR where I’ll be closing my home loan by this August. Please suggest diversified options of Investment for my retirement. I don’t have any investment till now (except the house) as I used my whole income to close off the Loan which I took in 2019.

Trying to help my retired dad - When I google for what to do after retirement, only retirement planning related things shows up. My dad has been a workaholic and hasn’t developed many hobbies he could pursue. I was wondering how I could help him stay slightly occupied if not busy. Anyone here experienced this with your parents or yourself? How did you navigate this?

Hey all! I’m 30 years old. About to close on a house with a 5.75% fixed 30 yr mortgage. If you were me and your goal was to maximize your net worth by retirement, would you put a few thousand dollars extra into paying down the house faster or invest that extra money in the market? The 5.75% doesn’t feel that low but also not crazy high so I’m torn. Thoughts? 🙏