How much savings are decent for an early retirement at 40 ?

I am 32 married, living in a tier 3 city in the parental home since corona. No plans to buy any home.

#Take home is 2 lakhs after tax and deductions.
#1.1 CR in stocks , growing at a rate of 35% a year
# 25 lakhs in mutual funds, growing at 22%
# 12 lakhs PPF
# small plot of 20 lakhs in hometown.

Stopped saving now and spending all of my salary. Is that a right approach or should I continue to save 50-60k a month?

How do you manage your money?

I only bring in a little over $2,600 a month. After paying all my expenses, I get to put away $500 a month in savings but don’t have much wiggle room for anything else, including going out money.

I’m very privileged to have a significant inheritance and zero debt of any kind. I really wonder how my peers who have student loans, car payments, and even children manage to pay their bills and live so comfortably. Please share if this is you!

Anyone has a good financial advisor they’d recommend?

Worth getting the Marriott bonvoy credit card with the 100k points bonus? Annual fee is $95. Already have CSR.

How is the GSAP tech allowance taxed? Bonus or income?

What happens to your shares if you are partially, or not even 1 yr vested at a pre-IPO company and the company goes public? When you continue on your vesting schedule, what price do you purchase your vested shares at?

I don’t play with options much, but I happened to buy VERU calls for 2/19 a little while ago and now it’s skyrocketing, it’s up over $1k for me- will it keep going up? Should I just take the profits now and be happy?

What is the most you've invested into a single stock?

What is the biggest loss you've endured?

Fishes! what are the best grounds to dispute my property tax valuation? What support should I have?

I’m seeing lots of posts about really bad losses. If you trade you’re going to lose money - hopefully not all the time, but many positions will be mistakes. But you need a process to find ideas and manage positions. Two books you should read are “The New Trading for a Livinng” and “The Laws of Trading.” Both look at psychology, process, and risk in different ways that can help you work out your own process. The next 18 months will be much harder than the last 18 - time to start learning.

Any thoughts of investing in gold or gold related instruments?

How do you handle if both j1 and j2 offer health insurance or 401k? Do you decline if they’re the through the same provider?

I will currently end as Plat Pro in American due to promotion but thinking of switching to United in 2020. I spend about 14-15K in a year but don’t have enough QS/QM to re-qualify for Plat Pro (cont.)

Holys*it, the seller accepted my offer, i’ll be owning a condo. Surreal! Did i make the right decision in this environment??? 😱

Hi,

My PF memberId starts with PYKRP, is it same for everyone?

Does anybody else think this $2 trillion bill is ridiculous? I understand the why and benefits etc, but just like at a certain point isn’t this all just funny money? Playin w/ money no one really has?

Anyone thinking about buying a house in Philly right now or soon? Anything to keep in mind?

Curious if anyone has invested a big amount in one stock let’s say buying 150k of CRWD in may based on gut or conviction however you may put it. Want to have a discussion around lessons learnt and ways to derisk.

Work in data strategy consulting with in London and considering moving to Singapore. Any insight into salary for VP level? How easy is it to get visas?

Hi there, for years of experience (YOE), can I include/count the work experience I had while still studying? Those experience include

1) internship experience -> can it be counted as YOE?

2) Startup I founded (actual startup, but it was done during my uni days)

What’s the best group to work on at FCB Health?

Currently on bench, any project
opportunities please let me know
Role - senior consultant
Skills: FSD with .net, angular 8+, sql,postgresql

How’s the freelance producer market doing these days? Busy, slow?

Hi All,

I am looking for a new opportunity on ITSM domain accross India on an immediate basis. Please let me know in case you can extend any help.


Prompt response is appreciated

Looking to switch from tax associate to big4 tax senior. Any referral/recommendations? TIA.

What carrer shifts could CSMs make?

I made the unusual transition from SDR To CSM. Considering switching roles or going to full on account management roles.

Thoughts?

How much UBS offers for 8+ years of exp. With counter offer of 23lpa. Kindly help.

Guys is it better to join Barclays as a business analyst from Credit Suisse, considering current situation of Credit Suisse? I am clueless right now.

Has anyone else lost all respect for Jill Stein? She spent the last year trying to convince America not to vote for HRC but is now leading the initiative to recount 😑

If it's brown flush it down. If it's yellow let it mellow 🍘

Would you expense a speeding ticket on your way to an IR?

Hi i need 11 likes to activate my dm. Please help me with that.

Thanks in advance!

If I invest 50k in NPS, I would save 7k this year as per my tax calculation. Is this a good deal? In general, I don't like such long term investment, maybe I'd start that when I'm 35 but not today.

Welcome everyone. I hope to keep this bowl clean of any promotional content while discussing ideas to grow our wealth together. Please share the group link on your company bowls so that we can get good participation and useful insights...

I started investing in January 2021 with a current portfolio of 40:60 across Mutual Funds ad stocks. The MF portfolio is giving my a current return of around 10% cumulative whereas the stocks are giving around 6% cumulative.

Not sure how to get the game right.
Views please friends.

Has anybody invested on affordable housing in Gurgaon, India? Or got any insight for a first time investor.

Which is your stock pick this week?
Serious answers only!

How do you manage and track all your investments? E.g., stocks, mutual funds, PPF, PF, gold etc.? Do you use an Excel sheet or some app?

If anyone is interested in investing in crypto, I’m running a kickback campaign on Vauld, where both, you and I can reap benefits. You could also FD your crypto investments at interest rates as high as 12.68% for a few tokens.

Comment here or DM me personally if interested to talk further. Note that this crash is a great opportunity to enter. 😊

Hi guys, should I buy lumpsump for coffee can investing or do SIP ? And one more question if you guys can help . At what point let say I hold a coffee can stock when should I exit. I am planning to hold for 10 years but how do I know that this stock is not relevant now or some red flag I should exit .

What are some of your go to resources for investment ideas or advice?

I'm relatively new to stock market investments and have tried to build a balanced portfolio for the long term. Should I hold the stocks for long term or does it make sense to book profits in between ?

Are you going to invest in Navi's Index fund ?

What are some of the investing must-reads that you'd recommend?

Looking for names of some effective financial/investment planners. Any suggestions? Plz give only the ones u hv worked with or experienced!

Anyone into option selling ?

Is it true that stocks bought and sold are visible in form16?

What credit cards do you hold and which one do you recommend?

I wanted to get your thoughts on the following:
1. Health Insurance for your parents (assuming they are 60+)
2. Term life options for myself (under 30)

I recently went through a medical family emergency and realised how important insurance is. Any suggestions will be appreciated.

Which crypto coins are you putting your money in?

What are the recommended tax saving options apart from 80C, HRA & NPS? Any insights would be much appreciated.