How do you guys invest while in the early parts of your career? Over my two years I’ve maxed my IRA and contributed 10% to 401 and then will invest in some risk stuff on the side…. Lately I feel like I’m contributing too much to index’s/retirement accounts and should be more liquid to take bigger risks while I’m young…. Rather than focusing on retirement so early.

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No one can tell you what to do — it’s what your financial goals are that should dictate what you should do.

I personally max out my tax-advantaged accounts (roth IRA, mixed 401k) while I’m young because I know it will bring the most benefit if I do it now vs if I only start in 10 years. I don’t feel a need to keep that money liquid because I *also* contribute a decent portion (~10k/year) to traditional brokerage investments (ETF, mutual funds) as well as maintain my savings account.

TC 115k for context

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Paying off my student loans

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VTI. With the limited amount of time that I have available, I'm not even going to bother trying to devote the amount of attention to trading as it takes to have a shot at outperforming the total market.

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Also maxing 401k and Ira, contribute slightly >50% of first paycheck of month to other personal portfolio. Forces my savings. The faster those account holdings build up the faster you can reap the benefits of compounding. Have nothing planned in the near term that I predict I need to be liquid for, but once that changes, I’ll just reduce the personal portfolio contributions.
Definitely no one size fits all in this arena

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First year analyst. I max out ROTH & 401k and then try to invest an additional couple $100 per month into VTI or VOO.

Still travel a ton and am not down bad financially.

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Set up recurring investments with betterment

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Add some gold/ silver miners as a hedge. Buy physical too. Even if the physical spot price goes down, the premiums will go up as a hedge

Definitely wouldn’t say you “should be” taking bigger financial risks. You could, but the risk-return trade off is really bad.

Retirement accounts can also be used to save for intermediate-term goals btw

Crypto is the answer duh

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TIA.

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I just got a FAANG offer with 290k TC (8 YOE), so I am trying to rent out my place as I need to relocate, but I am not able to find someone to cover my full rent and I am depressed because I am so not investment savvy and I can NEVER EVER accept losing money in ANY SITUATION. Am I being insane?

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Let’s finish this up strong! What are your year-end self development plans?!
We have our last session of the year of our group/guest financial education cycles at our Downtown Toronto office this Saturday. We go through our first financial education session that we talk about basic to higher level of financial information; from saving, investing, risks and returns, registered accounts, etc. There is no cost and no obligation. If you are interested to attend in-person or via Zoom, let me know.

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Recommendations for how to allocate 401k with Fidelity. Just switched jobs and have to move from Merrill Lynch to Fidelity

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Hi fishes

My package is 25.5 LPA fixed. Can someone suggest which tax regime would be better for me. As of now I do not have a home loan to claim tax benefit.
Also what could be the in hand salary in my case.
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Which bank account is better for salary account?

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Hi Fishes!

My cousin has moved to another company from DXC technologies.
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We have UAN and it looks like not activated.
How can we transfer PF amount from DXC to EPFO portal?
There is no relevant response from DXC till date.

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Laaa laaaaaaa lala wait till i get my money right (just accepted a PE offer woo)

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