I have 400K in the S&P500 (so average return is about 10% annually) and have 400K left on my 15 year mortgage (interest rate is 7%). A lot of what I read suggests that if the interest on your savings is greater than the interest on your mortgage loan, keep your money in savings. However, I only save about $300 a month because my house payments are so high. What would you do?

I don’t get it: Why would anyone invest, for example, in a 6% dividend yield etf with a 0.50% ER (ie EMHY) instead of a 9% dividend yield etf with a 2.5 ER (ie YYY)? Wouldn’t you still be getting better results with the expensive one?

Recommendations for best ways to save for retirement after contributing to 401k up to match and maxing out Roth IRA?

Big legends Guide to Three-Fund Portfolio. Yay or nay? Additionally, please share personal finance books that you recommend to newbies! Thank you and happy holidays!!✨

Anyone seriously wanna start a hedgefund with me ? I can assure a 30% cagr with my quant

Noob question on selling puts- I just sold a weekly put that I WANT to get assigned. The stock fluctuate a few dollars a day so I’m looking for a specific price to own the shares at vs entering a limit order. The stock has already gone below my selected strike price by a 30 cents today but I haven’t been assigned the shares 🤔. Is it only by expiration day or am I missing something?

Hello all!
I'm 26, I studied economics but I don't know why I'm not much into investing/trading. Someone else like this?
I recognize this is not a very good approach for someone with money "knowledge" and I would like to change this mindset. My main weakness is that I easily get bored of following the market and that I do not see big opportunities. Any advice?
Where to start learning, general advice for LT and ST investments, things you learnt, books that changed your pov on the topic etc.

Thx!

If I've maxed out my TFSA, should I continue investing through an RRSP or a personal investment account?

For context, I also have a good pension. My main concern is that while the RRSP will be nice to lower my taxable income now, I'm worried when I retire I'll have to withdraw too much from both the RRSP and pension. Thoughts?

Given the hot sellers market, do you guys think I should plan to sell my house on my own (private) vs get an agent? Want to minimize closing costs/fees. Thanks!

With all used vehicles so inflated, Does it make more sense to buy new? I need a car and have a budget of 15 to 20k. Which car would you get and why? No family, single, don't drive much. I like the lexus IS, Camry, etc.

Currently I pay $1900 for a brand new & modern 1BHK in the Greater NYC area. Moving to SF later this year. Any recommendations on how much to budget for SF? Will be working in Downtown area & currently got a car. I am little bit divided on whether to sell the car or move it to SF.

Looking for a good neighbourhood and ok with 30 minute commute to work.

I’ve always been a big saver minimum 15% to maxing out my 401k since I graduated college. I’m married to someone who thinks 6% is enough and likes $$$ cars. Other than the cars, they dont really spend money. For the married 🐠, how do you have the conversation with them that what they are doing isn’t enough? I try to guide them and say you want the $$$ cars but the salary you have won’t get there and you’re going to have to find a job that gets them the salary…. Then the fight starts.

Can we show rent paying to parents if we are living with them.. Do company mandates that parents should be living in different city to qualify for such HRA exemption.

I just left my pre-seed startup that was running out of cash (we made $100,000 in revenue this year, and sunk $1m in costs). I was making $40,000 as a developer (plus 20k stock options at $1/share per year) and they refused to pay me any more money. I have 17,000 vested stock options, total number of shares at the time of my contract was 4million. I’m a bit confused about share dilution and if it’s worth it for me to buy some of my stock options… thanks in adv!

Moving to atl- what are typical 1x1 rent prices?

Pushing out my retirement date... Crypto down 60%, stocks down 30%.. I was a millionaire in Jan now only a 750kaire lolz. Just numbers on a sheet keep rolling

Out of country friend who was visiting me in the states reimbursed me for his hotel/flights in crypto (~2k) which was sent to my wallet. I’m planning to withdraw to coinbase then to my bank but want to make sure I’m doing everything right. Do I need to declare anything or do something special? Would i need to pay taxes on the reimbursement? Usually when I get reimbursed with Venmo or PayPal it seems pretty straightforward but not as familiar with rules around crypto

I had my first baby and now work 75%. I'm trying to decide whether to go back full time. I'm happier now, but my husband's in school for 3 more years, and my paycheck doesn't cover our bills. Wwyd?

Any good ideas to keep your day job and start a business that allows for enough freedom to take taxable income from 350k to 0?

Are y’all waiting to do a mega backdoor Roth to see what they do about build back better this year or just moving forward with it?

D 🐠, what was your take home in first year as principal? I assume you all get roughly 350 units and have to finance your buy in. What does that leave for your monthly draw? And after your insurance?

Which resume line would provide better signaling of talent to employers?

MBB? Or a mid cap VC ($500 AUM, not a name brand like Sequoia). Post MBA level at both, no promotions assumed. Not necessarily focused on future VC path over the long term, but interested in experimenting.

Anyone looking for Referral to Deloitte USI can DM me.

Looking for recommendations. My budget is 15k. Basic Nissan versa(new) 15 k vs 2017 accord/camry 50 or 60 k miles ?

Just looked up a firm a recruiter told me about. I would be the only Latino on the roster and among the few that didn’t go to an Ivy League or top 20 law school. I don’t even know if I should bother applying...

I have savings of 5 lac INR and want to invest it somewhere. What should I choose?

Hi Guys,

I have 11YOE overall. I am doing a CSM & PM(PMP) role for past 4Y

CCTC - 11LPA
Already got an offer of 15LPA

Atteending further more interview
How much should I quote as my ECTC ?
Pls hlp

Thanks!

M&A tax manager 1 salary in NYC ?

Is KPMG, EY and PWC considerate about one not wanting to travel and chosing local projects in the IT Assurance practice? Please share your experiences. Thanks!

Anyone travelled internationally and returned in Advance Parole recently? I need my h1b visa stamped but due to delays in india I am not getting an earlier date for Dropbox. Due to family reasons, I need to travel now and traveling on AP is the only option. Wanted to check if anyone here any advice on my situation?

SPOILER ALERT









Cleganebowl 👌🔥

Are there any remote jobs left out there? I like my job but I’m exhausted from commuting. Interested in customer service and supply chain, 10 years of experience in sales and CS, 1 year in a management role. Looking for $100k minimum

Any book recommendations? Here are a couple that I've recently recommended:1) Freakonomics2) Super Freakonomics3) The Big Short4) Never Eat Alone. Please add as you see fit!

I've a question on what sections to put on a regular resume. I see some people are using consulting style resume for outside companies as well. Do you think it's a good idea to devide work experience by projets? Or is it better to have "projects highlights" separate from work experience.. something like: intro>functional expertise> project highlights>work experience>education?

(Especially those of you with young children) how do you make time to exercise/be active?

Hello Guys

I want your suggestion on what to choose between M.sc IT or M.sc Computer science. Which one is better for career point of view in IT . I mean i just want your views which degree i pursue as i only have these two options.
P.S- i have done BCA earlier.

Please guys suggest.

Do consultants get fired from a client for moving furniture around? (like a stand alone monitor) from an unused room he was given to sit, supposedly reserved for auditors. Asking for a friend 🙃

What is the value in professional certifications? ACCA, CFA, CIPD, etc.

accountant said he needs my IRS pin to e-file. Can anyone confirm this is legit?

24 yr old, 110k TC, maxing out Roth IRA and Roth 401k, no debt or large expenses. Also have ~35k sitting in a bank account. What should I do with that money?? Am I better just sitting on it for a while then watching it shrivel up in my brokerage account?

Anyone have a recommended tax person in Chicago?

Anyone here have any information on where to invest your money apart from the firm's 401k match? New to investing and wanted to know where do other people invest since most of them wouldn't be investing in stocks directly.

What’s a good baseline amount to keep in a checking account? I generally keep mine pretty low <1000 after paying CCs then dump the rest in savings. As I’m building a rainy day fund and then I will start contributing my brokerage account.

For reference <1 year experience at $4500/month (after taxes and 401k contribution)

I spent the last 3 months "growing up" & now I'm ready to go. 1st thing is for me to get my own place. I'd like to buy instead of rent because I don't want to pay someone else's mortgage.

I'm thinking of selling my car & cash out some of my 401k to buy a house. My thought is to put down 3.5% for a FHA loan then make a big payment towards the principal to reduce long-term interest.

Anything wrong with this thinking or anything else I should consider?

My dad stole my identity a couple
years back and tanked my credit score
- brought it down to like 400. I've
been working towards fixing it so that
my boyfriend and I can buy a house in
the next year or so. This morning, I
checked my score after not looking at
it for a while and I'm in the mid 600s!
Y'all don't know how happy I am
about this lol

Hi - AMEX sign up bonus is higher than ever. DM me if you would like a referral link, I’ll split my bonus with you as well :)

Best ETF to invest in? I’m 24 looking to invest about $50k and don’t know where to put it. Nothing that’s super high cost or risky please

Live in a HCOL area. Looking to buy in the next year. The least I can afford to buy would put a mortgage at 40% of my monthly take home pay (post tax + max out 401k) but 25% of gross income. Will 40% of take home pay make me house poor?

Hi! I maxed out my Roth IRA this year.. recently changed jobs and it looks like I may just cross the income limit. What should I do?

I know my contribution but not sure of the dividend earned against this year's contributions. I have had the Roth for a few years now.

Need advice. Have some credit card debt that I’ve been working to pay off. Have made progress but want to lower it quickly. We have dual income, with a house (~$300k in equity), 1 kid and 1 on the way. I’ve looked into debt consolidation via HELOC but also have ~$80k in vested equity in my company that I haven’t touched. Get equity refreshes every year. Would it be smarter to cash out $15k-$20k of that to pay debt vs. a HELOC at ~5% given that will still require mthly payments

Paid off my account debt!

Best high yield savings products?

What does 401k mean?

For those of you that currently pay 30% of gross income towards rent, do you still have money to save? I’m moving to NYC and am used to paying only 15%. Pay is now 125k base so I’m looking for apartments around 2800-3k

Under contract for nearly 1.1M. Wife and I are at HHI $315k. Will go up in the future, $400k in 3 years and $500k possible in 5-7 years. We have $300k in non-retirement funds, $260k of which will go towards acquiring the house. We have 2 kids and will probably reduce (not maxing) retirement accounts next 18 months to do this. Anyone have any thoughts or feedback? We’ll have to live on a budget and watch but I feel we’ll get used to it and income will grow.

Have about 5k to invest - should I do FXAIX or FSKAX?

Google stock to buy now or after the split?

I have a LOT of credit card debt. It has just grown over time and I can’t find my way out. I’m considering debt consolidation, specifically a company called National Debt Relief which seems legit but I’m just so hesitant because I’m scared to make my situation worse. Or a personal loan to pay off all the CC debt and then have a smaller all in one payment. I’m intelligent and I work in finance, it’s so embarrassing. HELP.