I need a starter credit card, I bank with Wells Fargo and will start with chase soon. But don’t know how to start building credit or what cards would be good to start with right now. I know a 0% APR one

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Credit Karma does a nice job of laying out the impact factors.

You only need 0% APR if you cannot pay it off. Paying your card off is the recommended method to maintain credit and not pay interest. You get better benefits with higher APRs in my experience, too. By using the card and paying down last month’s spending, you keep a rolling balance to build your score.

Getting a higher balance will keep your utilization low, too.

Plan ahead, as this is a card you may never want to close, as tenure average is important. You can always downgrade a line or roll your credit to another line to protect both tenure or utilization.

Chase freedom is an easy first pick. US Bank if you’re in the MW also has an option to pick categories. Both are no-fee.

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Web search “credit card tiers” and you’ll find articles and videos explaining starter cards and the rest of the tiers which you may grow towards, and what to watch out for. And like M1 said, paying off your balance each month is a great approach and habit that will benefit you for life.

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Hi Sharks
I am 25 years old with in hand salary of 1L(just from last month) and i want to buy a term insurance plan. My questions are:
1. Is it wise to take 2 plans of term insurance one with return of 60 years and another without return of 80 years of each 1cr.
2. Is it wise to include health riders in insurance plan to claim for 80d or just chose health insu
3. How much one can ideally shell out for insurance per month (both term and health) for self in terms of percentage of monthly income.

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Looking to buy a mattress - considering doing a marriott shop with 40% choice benefit discount. What’s the best non-bouncy option?

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Has anyone travelled back to US recently after H1b transfer but with previous(valid) visa stamp on passport? There are no Dropbox available and need to visit family.

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Rolled my old 401k over to a rollover IRA under the same brokerage and lost some money. What the hell did I do wrong? It was a direct rollover btw

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Hi fish, I got an verbal offer during interview with MD at Goldman this Friday. MD generally confirmed my visa status and talked about title and potential package I could expect. Completed Compensation Questionnaire and had a 15 mins call with Fragomen before interview with MD. May I know what should I expect for the next step and the timeline I should expect? Thanks fish!

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Taking leisurely travel to a whole other level

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Seeking US Virgin Islands Recommendations:

I’ll be on the islands last week of July with my wife and 2 kids (10 & 4). We will be renting a car.
Any Recommendations from your recent travel? Which island/hotels to stay, where to eat, scenic places visit, etc?

Thank you!

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Since Covid-19 who else has lost big accounts?

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Thinking of moving to pwc, what is the wealth builder? Like why dont they just use a traditional 401k? What are important facts about it?

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Dear fishes,
I am a dental doctor ,PGDHHM, MBA( hospital management).Worked for almost 5 years in prestigious tertiary care hospitals in India as Asst.manager operations & Program Manager Cardiac Sciences.
I moved to Netherlands with my husband & because of language constraint & government operated healthcare I didn’t get job. Now moving to USA(Dallas,Tx) on L2 visa & can do job immediately. I have a job gap of 5 yrs.What are the chances & opportunities toget job in healthcare management roles.

Is there a downside to upgrading Chase Preferred to Chase Reserve instead of getting a new Reserve card when not eligible for any promotion?

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Consultant with 5 YEO looking for opportunities. Canadian so need TN visa or equivalent unfortunately but I’m very much so looking to get out of EY. Project management, strategy and operational transformation experience. If anyone is willing to help please let me know.

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I joined Tiger Analytics with CTC of 9lpa. When I check in greythr IT statement, it shows 7.14lpa.

In the CTC payslip, it shows 75k per month as my salary. But this month I got 61k.

I understand they deduct tax, but I feel it is too much. IDK where I'm losing the money. Can someone tell if this is normal. I'm a fresher so, IDK much about it.

Also, what can I do to pay less taxes? Any help on that?

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Any tips for handling short tempered wife? Travel and handling a kid alone are major contributors, but even 2-3 small mistakes trigger an episode, where issues even from past years are brought up. TIA

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Hello successful people! I've been promoted and I will soon start building my own team, i'll start managing 1 person and i'll hire more people in a close future. Any tips on how to build a strong, united team? Any tips / histories about when you started managing people that could help?
Thank you all in advance!!

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Can we separate social impact and CSR? Those are two completely different things

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Do I need to inform the USCIS/DHS I gained another citizenship? FYI I'm on a working visa specific for a certain country.

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Question for moms. I’m getting married next year and have several close family members that will have babies ages 8-11 months old by then. What are some ways I can support the moms and make it an enjoyable experience for them? We have a separate room at the venue that I was thinking could be offered to the parents to use, or potentially hiring a babysitter for them (either at the venue or back at the hotel). I would love for the families to be able to come, as it is out of town.

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Any tips for someone trying to transition out of social work to organizational development.

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Hi Fishes,
Hope you all are doing well.
I am looking for a job change. Have 2 years of experience in Frontend development in React.js, Redux, JavaScript (ES6+), Webpack, babel, jest, Git. Worked in an Agile environment.

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Time, patience, and perseverance
will accomplish all things.

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I have been shortlisted for Amex Band35 ,yet to have compensation discussion.
How much should I ask for?/ How much they will offer?

YOE :4.7
Current CTC ~18 LPA (fixed 15.5)

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I’ve been asked to weigh in on how to improve my firms parental leave policy. It’s currently 8 weeks paid for birth parent with an extra week for each year at the firm (up to 12 weeks total) and 2 weeks paid for non-birth parent. I’m in a major city, firm is a boutique that has been around a very long time. What would you suggest? Any studies or research you’ve seen recently on trends in parental leave policies also helpful. I’d like to have some sort of data to back up what I recommend. TIA!

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What conferences would you recommend that focus on brand, marketing, and design? How Design Live and AIGA's national conference are both on my list of potential options, however, I am wondering what else might be good to consider.

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Tips for sussing out how demanding an in-house role will be during the interview process? I’m a hard worker and motivated but if I’m taking a large pay cut to go in house I want to try to be sure I’m getting an equivalent increase in work-life balance, and stories of in-house often being just as much of a grind as biglaw scare me.

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I applied for another position within my company. I wanted to reach out to the hiring manager just to formally introduce myself and share my interest. Would this be a good idea?

smartlike

I am a mid-level associate at a midsized ID firm in NYC. I have out of state NJ and PA experience, but this ID firm has been the only place I worked since relocating to NYC 4 years ago. I want out

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Level: Staff
Rating: Progressing
SL: Tech Consulting
Bonus: 10%

Kind of disappointed with the VPB, the ones with differentiating got 21% that is a big difference. Was expecting around 15%. Anyways, now waiting for the hike but not keeping any high hope as I was expecting market correction. 😪

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Hi

I currently work at a small service company in chennai

Tomorrow im having a discussion with HR from bally tech they make casino games and my YOE is 5.6 and Tech C++

My pay is 6.5 LPA

I checked glassdoor for bally tech it shows 17-19 lpa can be reached.

So is it better to go with 18 as fixed that or should i ask more?

Kindly provide suggestion

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Allen Edmonds anyone?

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I have been asking for location transfer from Bangalore to Kolkata in EY due to family reasons.
How easy it is to get a transfer.

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I'm not actively looking but would like to activate the option on LinkedIn that lets recruiters know that I am open to opportunities when/if I come up on their searches.

Does anyone know if turning this feature on comes up as a notice to my connections? I would like to avoid this as I have some colleagues from current firm, including a Partner.

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Hi all
I have been working hard for a project since 8-9 months really hard giving KT to team preparing docs for documentation debugging testing things out did automation being a manual tester
Since i was divided into 2 projects another colleague who was also in the project was made the TEST lead
We were both doing equal but obviously a lead gets more limelight due to that my manager has awarded her with 25k as a reward
While i got only verbal recognition Now i am quite mad not sure what to do

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Tysons sucks. Why aren’t the big firms in downtown, like they are in every other city?

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Hi ,
How long does Hr take to convey the result for a underwriter position in general
I have completed last round of interview on 4th of November.
Also the application status shows the last round of interview scheduled on 9th of November.

Would love everyone’s thoughts! Which of these two options would you pick if your goal is to buy and hold for appreciation purposes given these are in a very hot market. Both same lot size.

Option 1:
- $175k lot located on very busy street but across the street from new $700k townhomes and restaurants

Option 2:
- $250k 3 bed/1 bath fixer upper located at end of dead end street, houses on street all fixer uppers, located down the street from Option 1 (so also near new builds and restaurants)

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If a recruiter reaches out, you have a great initial convo then they say they’ll follow-up shortly with next steps and don’t (after 7 biz days). Is it worth following-up? My sense is if they were interested they would be pushing the process forward?

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Additional Posts in Personal Investment Chatter

Not sure what to do with my student federal loans. Weirdly my private loans have a 3% rate while federal loans are at 6.5% makes no sense

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Has anyone maxed out their Roth for the following year yet? Thinking of taking it out of my account for the following year and capitalize on the gains

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Would you recommend an associate making 90k base in NYC prioritize maxing out their 401k and Roth IRA even if it means they won't save beyond that? Assume debt has been paid off and 3 month emergency fund in savings

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If I’m above the Roth income limit, can I do back door Roth for my Roth IRA and mega back door Roth for my Roth 401k? And does back door Roth count against contribution limit for mega back door?

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Anyone use composer.trade? Seems intuitive enough but lacking some fundamental features.

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Currently building a house, 6 months to go and have down payment and a little more in a HYSA. Is it wise to put the remaining in an S&P 500 ETF to capture some of the bull market or hold onto cash?

About to get a payout from a legal settlement ($300k-$500k). How would you invest it or what would you do with this money if you got a payout like this? My goal is to build exponential wealth, but would love everyone’s thoughts even if it has nothing to do with investing! (I’m 25, not married, no kids, have about $240k in student loans, and no savings)

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25 95k net worth, at what point would it be worth it to have someone managing my money in the stock market rather than doing it myself? when I hit 200k net worth?

For reference I do my own investing now but don’t really understand a lot of it and am not particularly interested in reading up…

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I make $140k in New York. Should I invest a Traditional 401K or a Roth 401K or do a split?

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Where would you invest a $100k bonus in the current markets? Was thinking about a split between crypto interest accounts (in USDC), stocks, and crypto… but BlockFi legislation and general shakiness in the markets have me worried.

Just paid off student and car loans, and gave a fair bit for my parents’ mortgage.

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I am heavy on US stocks. I keep hearing to diversifying a little bit with bonds and international - feel its a bit over rated if I can withstand volatility and far from retirement. Thoughts? I read a lot on this bowl about not having bonds in portfolio under 40

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Was anyone else surprised when they learned at the average US worker makes $53k?

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I haven’t used my credit cards in years. They may close the cards unless I make some transactions. Shall I continue to keep these cards?

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How much house can I afford making ~80k/year pretax? Also is it worth it to put down less than 20% despite PMI? I know credit is cheap right now, so I’m curious. TIA

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VOO, VTI or ARKK for first investment in Roth IRA? 23 years old for context.

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Are there any ETFs for blockchain companies?

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Worth buying VTI today? Every week I am buying and it’s going lower and lower the next day. I bought it yesterday and today it’s 5$ lesser than yesterday!

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what’s the most you’ve spent on brunch 🤣

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Has anyone invested in real estate using Lofty AI or PocketProperties? It seems like a good way to dip my toes into real estate - the minimum amount is $10-50 and I would benefit from receiving rent payments proportional to ownership and appreciation in value.

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Just opened up a Roth IRA with Schwab. what’s are good stocks/mutual funds that i should buy for the Roth IRA account?

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