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Who wants to start earning money online?
TCS is the worst company one can be in.
Cheap mindset management cares more about timesheet,wfo,forceful mandatory trainings,imposing strict restrictions on laptop,access to personal docs only via vpn,no employee well being no salary hikes nth at all.90% projects filled with freshers coz they cost less.No WLB for good dedicated hard working employees as they are punished with more and more work, leaves rewards mostly for people who don’t work.But no issues kyunki job security hai 😂
Wfh data science salary
McKinsey & Company I received an offer from McKinsey & Company in 2021 and I’ll be starting later this year after graduation. Obviously because of the pandemic, inflation is slowly trending upwards. Has anyone asked for a base salary increase before even starting the job? Any advice on how to approach this?
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Figma: frames or groups?
Bowl Leader
Rising Star
Conversation Starter
Bain & Company Is anyone else getting their application to Bain & Company pushed backed?
As of yesterday, even though I applied in May, and that while they liked my application, they will not be considering me till early 2023.
This is the second time they pushed back their consideration... 😞
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Keep asking myself if the 🤑 is worth my 👻.
Rising Star
What weird Olympic sport are you vibing to?
Best rotational programs for medium tier UG
New to Fishbowl?
unlock all discussions on Fishbowl.
This is my tier:
1) Establish emergency fund (6 months)
2) Max 401k
3) Max HSA
4) Max ESPP
5) Max Roth Backdoor
6) Remaining in brokerage
I mostly do US ETFs (VOO, MGK) - 70% of my portfolio, 20% in international ETFs, and then use 10% of my portfolio to choose 5-6 long term stocks (only cause I need some way to gamble lol). It’s worked reasonably well so far although I might continue to cut my international holdings.
401k with company match, Roth IRA, HSA (if eligible), and VOO etc for the rest
Home purchase
Registered retirement plan contributions, ESPP, and some money to a savings account which once accumulates enough, I then use for investments such as ETF and Stocks etc.
emergency funds I suppose
I've been to lazy to make a strategy.. But currently 100% paying off mortgage
Chief
You missed the point entirely. You don’t want to pay down low interest debt right now
Rising Star
30% of take home salary invested in approx Ray Dalio all weather type portfolio:
- 90 minus your age in stocks (the older you are the less stocks, so the less risk exposure)
- The reverse in bonds/index funds (the older you are the more you have)
- 8% in gold
- 8% in cash
So current state looks roughly like:
- 54% stocks
- 30% index fund
- 8% gold
- 8% cash and others (crypto etc)
I max out 401k (Roth) and HSA in index funds. Lazy investing is the best investing.
I have my 6% 401k to maximize match, about $1k in an emergency savings fund and the rest goes to m checking account for bills and life
House
Unless your an institution, the stock market is designed to take money from retail investors
Wrong.
In UK, First $40,000 goes to ISA which is our capital gains tax free investment account, then always keep $100,000 emergency fund due to me being only source of income in my household, and I always want to feel that I have an option to leave and take time off if needed.
Rest goes to children ISA and paying of mortgage.
VTI 100% for my Roth IRA 6k per year (& mega back door conversions into Roth IRA 7k per year working my way to 10k)
Max 401k (blend of VTI & target fund 2055)
10% ESPP maxed at 15k/year (never sold for 8 years)
For my stock portfolio (VOO 30%/VUG 20%/QQQM 40%/TQQQ 5%/mixed stocks for remaining 5%)
5k a year into 529 (my wife puts the other 5k)
6k/year for Fundrise
3 month emergency fund since I’m married
Rest goes into joint (2.6k ppc for 7k monthly fixed cost food car mortgage utilities etc)
I’m usually left with around $400-600 per paycheck for funsies
Definitely hasn’t gone down as much as my portfolio above if anything I’m above but I don’t think mine should be an example since I started prior to the low interest rate so during 2021 Q2 or 3 there was a 21% return but now during the down flow I’ve gotten 2% returns, def better than market.
I would take this with a grain of salt since this is my way of diversifying. If you want a referral let me know after watching some YouTube’s on it first for others opinions
Paying off my mortgage as fast as possible, since I have a fairly high interest rate (5.125%)
Then, investing in a couple of mutual funds and an index fund.
Depending on your age, your dollars may be more powerful if you invest them. For example, power of compounding is 88 times when you are 20, 23 times when you are 30, and 7 times when you are 40.
Here, follow these steps and you’ll be golden.