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Pro
Full form of NIFTY : No Income For This Year
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What a f***
Rising Star
Let’s see how the gender ratio is in this bowl!
What’s your take on Zoom/teleconference deps?
Hi,
I had received a shortlisting call from Axis Bank. The HR told me link will be shared where I need to update my documents.
I didn't receive any link and HR confirmed that there is some system issue hence link has not come.
Now, it has been 4-5 days, HR is not receiving my calls.
Is someone aware about such issue with Axis Bank HR portal? Axis Bank Ltd
Additional Posts in FIRE Financial Independence Retire Early
Best way to fire? And what age?
Anybody have a mortgage provider they like?
Personal finance book recommendations?
Coach
My advice would be the same regardless of income/NW levels. DCA into stocks. Diversify to real estate if you can. A bit in crypto, depending on your risk level.
There will always be “some peers” who have more than you, unless you become Bezos. But chances are, you can’t, so don’t worry about these peers.
Coach
I’m making my way through brandon turner’s series, also plan to read BRRRR (David Mason Greene). BiggerPockets I’ve heard is recommended a lot but personally I’ve been reading it only on and off. I’m working in REPE (no longer at BLK) so that’s where most of my learning is
You’re 24. Stop comparing to peers who likely either inherited a lot of their NW or made a crazy gamble and it paid off.
You’ve already identified that you’ve hurt yourself with some crappy investments. You’re lucky to recognize this early on. 90% of first time investors lose 90% of their money in the first 90 days because they think they know what their doing.
Instead focus on building a base
- max 401k to at least the amount your employer matches (if they do)
- emergency funds (2-6 months depending if you have kids, what your risk tolerance is, etc)
- building savings for any short to medium term expenses ie home deposit
- Diversified ETF, VOO or VTI is very popular.
Once you’ve built the above to $1m, then keep building on it either with the same strategy or put some new money into individual companies you have a solid investment thesis on (5-10 years). It’s easier to win long term than short term.
If you build to a $1m base within a few years, you’ve basically all but guaranteed early retirement. Then it’s just a matter of how other investments and career path/income improves over time.
Coach
This doesn't answer your question, but instead of worrying about capital allocation to make the money, why not build up your skills, make a million in bonus, then profit? Your field allows you to make so much more than most of us can rapidly, so I'd focus on the job instead of the allocation.
The dirty secret in this industry is that a lot of the great outcomes can largely be chalked up to circumstance.
The deals everyone knows are going to make it big are already valued like crazy, and to really generate alpha you’ve got to see something no one else does — which is why we spend so much time at “networking” events and sourcing.
It’s a really tough business to move up & survive in, which is why I’m trying to also make money in an easier way.
Coach
Is this real?
Nice virtue signaling, friend.
Idk what you want - I volunteer at the local animal shelter. Touch grass.
Mentor
You are just 3 wins away from being a millionaire. Bet on red.
How you making $250k at 24?
The real question is how’re Apollo associates making $400-600k with their fat retention bonuses 🙃