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Should I buy more GME?!!!
Do you invest in commodities?
I just hit $200k NW and it’s been 7 months since I made my post (link below) about hitting $100k NW in Dec ‘21.
I’m just mind-blown since it took me 2.5 years to get the first $100k and it’s snowballed from there. I’ve gone from $82.5k TC to $238k TC plus a $20k appreciation on a house I bought at the beginning of the year
Can’t really talk about finances with friends/family so this is the only place I can share milestones like this haha…we’ll see if I can hit $300k by EOY
https://joinfishbowl.com/post_muypy45qoy
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The most hilarious mail from today's mail explosion:
Them events at Ball Arena man 🤑
Hi Sharks, I am asked to sign the offer letter. It's kind of an agreement between me and the company for accepting the offer and compensation numbers. Of course It doesn't have statments like I have to join the company on signing this. My question is that 1. If I get a better offer can I go and ask them to revise the offer? 2. Can I decide not to join the company? Will there be any legal consequences? Have you ever been asked to sign the offer? Boeing Tata Consultancy Wipro Capgemini Cognizant
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Time spent at team dinners should be chargeable 🙄
Guys there’s this boot camp that I came across that trains people to get jobs in Top consulting firms and has a fee plan wherein you pay once you get placed. I just wanted to know if someone here has any experience with this ?
https://docs.google.com/spreadsheets/d/e/2PACX-1vQuKa3k-rG3emxJcfbidCjC0Su85E_BKqW9cTeFZMY4xg4LnUVxOLrpcETqf7d-iEePlFh6lJ1knwwD/pubhtml
Rising Star
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Target date fund. Seriously. I consider myself moderately educated on the matter. Chose to select my own mix of funds this year, and it underperformed the target funds. So I changed and it's doing far better 😐
I just chose an index fund and stuck with it. The fees on target date funds are too high for me. Today they may outperform, but tomorrow they may not. All balances in the end, but the only constant is fees.
I put the majority in S&P 500 funds. My advice is too keep it simple and worry about the fees more than the return
D2 agreed, wasn't really blaming anyone
And please stay away from the bonds
@D3 thank you. Let me move few funds away from bonds and will closely monitor the returns for couple of months.
While equities are not cheap, relative to bonds, they are much better bet
I would keep some cash on side lines while investing majority of my savings in equities
@AC1 cool.. any suggestion where I can educated or better take advise from Vanguard advisors?
@C1 - as of now I'm managing my Vanguard account.. should I take help from advisors which involves fee?
If you're a long ways off from retirement, you can afford to take more risk. Consider funds across the entire spectrum for diversification. Especially frontier and emerging market funds.
I don't. You are in it for the long haul, even if you just invest in broad market ETFs, you will still make good returns by your retirement. Fees cost way more than people realize. Look up the Motley Fool, they have some good overviews of the costs associated with fees.
@Thanks C1
Try Bloom
I don't know much so just signed up for the option to let vanguard manage it for me. Return has been pretty good so far
@D2 did you register with Vanguard advisory for $60 annual fee? By default Vanguard will throw away with some random funds
I think so? I just signed up on the vanguard site. And I looked into the funds they chose and they all seemed to be pretty well performing and no throw aways as far as I could tell. Just don't have the time to research all the options
;) it's entertaining to see how little "consultants" now about investing
Not all of us are business people. I'm a computer engineer idk shit about finance and investing
But I assure u guys, investing in SP 500 index and not doing any tricks or trying to time different strategies will be the best bet