How do I begin investing? Graduated in June 2018 and started my job in August 2018.

like
Posting as :
works at
You are currently posting as works at

1. 401k to employer match
2. Roth IRA to max ($6k/year)
3. HSA to max if you have a high deductible plan
4. 401k to max ($19k/year)
5. Up to want you want in the future (house down payment, mutual funds, etc)

like

Hands down the best answer. I'd recommend also building an emergency fund. 6 months of expenses should be put aside in a high yeld savings account (try Marcus by GS). Any slush funds, put into an index fund that tracks the S&P 500.

like

There are many ways...fund your 401k, IRA, brokerage accounts. Would recommend diversifying funds across US and international markets

like

Give me your money

Betterment

Related Posts

Any thoughts on the below mix of index funds for a portfolio? Too little? Too much?

VOO
VUG
QQQ
VGT
MGK
VIG

like
like

Buyout lease or buy new? Leased a 2014 Camry for 2 yrs. Has 20k miles on it, would be $15k to buy 4.99%, dealer says worth $13k. 2017 Camry: lease-$162/mth w/2500 down or buy $320/mth w/4000 down, 0%

like

Recently sold my home and got a check for 190k, does anyone know if this will for sure hit my taxable income for 2020? Is there any way around this? There has got to be a loophole. . Help

like

how are you buying your house?

If you could go back in time what would you tell yourself before taking out student loans?

like

How concerned are you about inflation? We have 70% savings rate and 50% of our expenses are housing / utilities of which the largest part is rent which is a fixed contract (no CPI escalation, no automatic increases, paying same rent for 4 years). No car as we are living in a large city. So if I look at the components of CPI and what’s rising I am feeling pretty „good“ about it. The one thing I am „worried“ is asset inflation but obviously that benefits me directly. What am I missing?

like

Hi fishes,

Please help me find out my take home salary and how to save maximum in tax. I am really new to this tax regime and not aware how to save taxes.
Please help.

Post Photo
like

do we save 100% on mediclaim premium for our parents in income tax?

like

Anyone have experience with the Financial Advisors from Personal Capital? How was your experience?

like

@Partners - how much money do you need to invest I to the firm to get your partner share?

likefunny
like

I know the stats HS provide on need based aid. But how does it really work? Could you lie in terms of your assets and potentially what you make. How would a background check uncover those.

like

Is it mandatory to submit previous employment declaration while submitting Income tax declaration. Or we can just skip this. Since this is my 2 nd company not aware of this much. What happens at the end of financial year if we don't declare previous employment declaration. Seniors kindly help🙏

Still think we are going much lower here in bitcoin. Last couple of trades were stop outs. That doesn't change the trend or the fact that we are spending more time in lower ranges. My revised target is $8564 as long as this setup holds.

Post Photo
like

Hi Fishes

Joined My new company this Jan. My previous income was not eligible for tax slabs. Now while adding the income from Apr 21-Mar 2022 it's become 5.9 LPA. I don't have any investments and in my new company I declared the same. The only tax exemption I have is PF contribution and professional tax. I have only 25K PF contribution and 2.5K professional tax. So while calculating the tax I am getting 15K as tax payable. How can I avoid this 15k. Kindly pour your suggestions. TIA.

Post Photo
like

How to best calculate the loss of value(diminished value)to my car due an accident? Insurance agency quoted a really lower amount.

like

I’m thinking of switching from robinhood to another brokerage, any suggestions?

like

When a company reports bitcoin securities in their SEC filings, do the bitcoin securities get reported with the regular currency interest or is it a separate filing?

More Posts

Bain & Company Best non-MBA master’s program to get into consulting in US/EU (preferably MBB)Boston Consulting Group McKinsey & Company Bain & Company Kearney

like

I have a virtual interview with Tesla tomorrow for an internship position. What should I wear? This would be first internship, so I’ve never interviewed for a position like this and am not sure how to dress (especially given it’s virtual). Any advice is appreciated. Thanks!

like

Insight Sourcing Group Consulting Analyst or Deloitte Business Tech Analyst (core not usdc) Goal is to do more strategy work. Overall thoughts.

likefunny

If you put your two weeks notice in, are you obligated to show up? I told my friend, yeah, of course unless your agency asks you leave. Right?

how are you buying your house?

I’m dealing with a difficult management situation and don’t know what to do, how would you report someone when nobody really cares what’s going on or is automatically going to side with the other person?

like

What is the salary bracket for Amazon L5 Non tech Program Manager role in India (Base + JB + RSUs).Amazon Amazon India

like

If I reject Accenture Technology offer, will I be able to appear for Accenture Strategy interview later on? I have an MBA.

like

Hi, can anyone refer me to Accenture in Dubai? I’m an Accenture Alumni (FSI, London office).

like

How is SBI client in Mphasis? Any idea please?

like

Hi anyone from infosys who has joined cognizant please ping need help urgent

like

What is apprisal cycle in CTS If we join in dec will pe eligible for next apprisal?

like

I am a Senior Consultant on EY’s Digital Forensics team. Our team has been growing rapidly recently and we are looking to hire some folks out on the west coast, specifically for our SF and LA offices. We are hiring at the Senior and Staff levels (including entry level positions in LA). If you are interested in learning more about EY Forensics or learning more the position feel free to reach out!

like

TIL: That just because you are a good lawyer does not mean you are good paralegal. Most lawyers are /would be terrible paralegals.

likesmart

What kind of professional development/marketing-focused seminars/webinars/etc. has your firm offered that you found helpful?

like

How many billable hours per week is considered at capacity? I’m getting pushback on boundaries I’m setting about additional matters and marketing work from my firm when I’ve been billing 60-75 hours per week for the last 6 weeks, and I’m still behind on my work. I feel like it’s reasonable to not kill myself further to fit in more/turn things around faster at this point, but am I being unreasonable? I expect my workload to remain at this level through the end of the year at least.

like

Interested plz DM with job codes to apply

Post Photo

Hi everyone. I am trying to change my current company. I am currently working with Stonex and have experience in financial domain for 11 years. My profile is in Surveillance Compliancen, Kyc Aml, QA Six Sigma, Trade Surveillance and ecommunication Surveillance. It would be great if i would have got one referral.

Thanks.

like

Can someone refer me in Accenture. I am currently working as Process Leader with 9 years of experience in project management and process management.

like

Additional Posts in Consulting

Cloud number 9

Post Photo
likehelpful

Recruiter: How soon would you be able to start?
Me: If you’re ready with an offer, I can have my bags packed after this call.
Recruiter : *laughs for a good 45 seconds*

Pick me. Choose me. Love me

likefunnyupliftinghelpful

Nicely dressed gent in a suit and tie obviously hustled to catch our flight. Sweating profusely, standing by front lav and can't find his boarding pass. Asks FA for help locating seat #...

like

Any recommendations for a work desk?
Not looking for something too big or pricey. Easy assembly / disassembly is a plus.
I see foldable desks going for $100. Any foldable standing desks out there?

like

What are some of the best consulting firms for a software engineer? Is MBB still considered elite in this area too?

like

Do you deduct your internet as an home office expense on your tax returns? Any other common consulting deductions I should be looking at ?

like

When you were applying out of undergrad or b-school, what was your answer to “Why [firm]?” Seems all the answers are BS or cliches. I can’t imagine “Because it’s MBB!” would be an effective answer.

likefunny

My background isn’t in marketing/branding/PR but I’m being thrown into an engagement for a small organization who has many different sub-brands. I now how to give them high level guidance on how to ensure their branding and message is consistent. Any resources/books you’d recommend I could crash course this on?

like

Anyone else who was just hired at Deloitte waiting FOREVER for their approvals? I received a verbal offer two weeks ago and still stuck in approvals for their offer Deloitte (operations transformation)

like

How many hours to actually work for your client and how many do you spend on „internal stuff“ (e.g. recruiting, proposals, internal projects) when staffed?

I‘m just curious how this may differ

like

How do you keep your docs organized on your PC? By client, industry, technology, function, source, or what? I feel like searching for content can be a mini-project of its own sometimes!

like

Reply all should be earned, not given.

like

What are the best Sales books y’all read?

like

Considering the FRM certification. Those who’ve taken it, how quant heavy is it? I have a compliance risk background and don’t have a deep math or statistics background. However, I want to expand my skillset. Any thoughts?

like

Trying to decide between an offer at Deloitte and a counter-offer at Booz. Deloitte has the name recognition and better benefits but I have a really supportive team at Booz and good work-life balance. Any insight is appreciated! I would be starting at Deloitte as a Consultant in GPS. Currently a Senior Consultant at Booz.

like

Hey Accenture 🐠 - can anyone tell me what to expect during the skills based interview (Consultant, T&O) how does it differ from B4 and any tips?! Thx

like

Finally getting a chance to put together a home office space. Looking for tips, photos, ideas. I have two monitors and a laptop so my do a three screen set-up. Debating about getting a standing desk or putting money in a super comfy leather chair. Open to hearing what you have done!

like

When you’re wondering if you need marriage counseling instead of looking forward to vacation planning 😔

like

Best Consulting innuendos...?

like

I’m 25, currently on my parents health insurance plan but want to get my own. I’m in the process of looking for a new job...should I wait or still enroll now during open enrollment?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal