I started working in dubai almost a year ago and have a bank account with Emirates NBD, i want to start investing -mainly in index funds and maybe a few cherry picked stocks- so I don't want to go through the bank's wealth manager. What are my options?

like
Posting as :
works at
You are currently posting as works at

I’m not sure about NBD but can you get a Fidelity or Charles Schwab brokerage acct?

Sarwa

Try sarwa

Sarwa or stashaway

Sarwa or interactive brokers

IBKR - you can link your ENBD account to it and transfer money easily as well

Etoro is also an option!

Related Posts

Best investment book recommendations?

like

I’m contributing post-tax 401k offered by my employer to take advantage of the mega backdoor Roth. How often do people roll it over to their Roth IRA account? Like every month? I understand that any gains rolled over would be subject to tax but don’t expect it much given the market is down currently.

like

I’ve seen a couple posts lately with comments saying that people should not use a Roth 401k. Does the logic below capture the spirit of that concept?
1. Use trad. 401k to reduce taxable income now. Convert to trad. IRA once retired, then convert gradually to Roth IRA (ladder, SEPP, etc.) at lowest marginal tax rate
2. Use Roth IRA (and/or backdoor Roth) to take advantage of tax free growth and ability to withdraw principal early without penalty

like
like

Hi All,

I have a managerial round(maybe the last round) tomorrow with Delta Air Lines. Can you let me know what package should I ask the hiring manager?

Experience: 6.6 years

Tech Stack: Java, AWS, Spring Boot, Kubernetes

The role I had Interviewed for -> Lead Developer - AWS

Also how good is Delta Airlines in this Recession Period? what are the benefits we get? And is it WFH or 3 days Office in a week?

Thank you

like

Do people use their HSA to actually pay for health expenses or just as a triple tax advantaged savings account for retirement? Seems like all talk on here emphasizes the tax benefits of it, so I am curious if people use to spend or just save

likehelpful

What blogs/books/resources should I seek out if I want to make the transition from passive trading (index funds/buy and hold blue chips) to more active trading (options, speculation, spending a few hours a week researching, etc)? I’m looking to turn my investing into more of a side hustle

like

McKinsey & Company How does the new DEWS Contribution plan in Dubai work?
Does the employer match our contibutions like a 401k?


Strategy& Boston Consulting Group McKinsey & Company Kearney Oliver Wyman

like

Trying to save up for a down payment on an investment property. Would it make sense to remove my 401K contribution for about 6 months to gain an extra $4K or is that stupid? I’m 23 and have no experience, just wanted opinions

like

Should I buy a condo/house or continue to rent for a couple more years if mortgage+interest+hoa+property tax will be lower than rent? I'm looking for something small. 2 bed + 1.5 bath min of 1000 sq. I still owe credit card and student loan balance of $80,000.

I booked a Delta flight with the only few 8k miles I had. I have very limited experience with statuses since I just started in consulting. How can I get an upgrade on the flight? Thank you.

like

What’s the deal with the delta 8 gummies? How are they legal!?

like

Welcome to indirect tax, where the exemptions are made up and client's data doesn't matter

like

a very specific question to all Canadians.

Current situation , i need to refund signing bonus which was paid along with 3 days of work at the company, taxes are withheld obviously
When you refund a signing bonus do you
1- refund ALL of it even taxes Withheld ?
2- refund only the amount that was deposited in your account
3- mix between 1 and 2 refund more than was deposited but less than the whole amount ( taxes should be refunded to me next year)

My contract says 2 and they want to do 3 Help

like

I received my Sapphire Reserve bonus points March of 2017. Based on the 4 year rule, does that mean I could technically cancel that card now and then apply for a Sapphire Preferred and receive the sign up bonus? Is there a minimum amount of time I need to wait between canceling and signing up for the Preferred?

like

How do you calculate what tax bracket you will be at when you retire? Keep reading choose the option based of what tax bracket you will be at retirement but I literally have no clue

like

Any great personal finance/investment books to read? Or even YouTubers/Podcasters

Really looking into expanding my investment horizons — particularly about learning about how to allocate my investment portfolio. Also, always nice to learn about better ways to save and cutback.

like

Can you withdraw money from 401k? What the penalty and how to find out?

like

Anyone in a condo need to get walls in insurance? Please explain this to me, thanks so much. First time buyer here

Roth 401k or regular 401k?

like

More Posts

Hi Team,

Can we rejoin Wipro? What is a cool down period?
I had resigned in May 2022, would like to apply for one of the profile for which I was looking for..

like

Hi All
I am looking for a job in the Azure Data Engineer role. I have 1year experience as Azure Data Engineer.
Skills: Pyspark Python, Databricks, Adls gen2, Adf, Azure cosmos, Mysql, Azure key valult

I am serving a notice period.I can join immediately.Please let me know if any position is open.

like

Hi Team,

Can we delay the interview by a few weeks? I am not at all prepared and I don't want to miss the opportunity..

Does anyone know salary ranges for PhD-level consultants exiting to life science VC/ER and estimates through career progression? Also salary progression for life science HFs?

like

Has anyone who had to move out of the US because no luck in lottery successfully got the Canadian PR? Can you share your experience? Is it worth it? And what are your plans moving forward?

like

These guys have had this job listing up for about a year, or seems...

Post Photo
like

Hi all! Looking forward to the fishbowl community. I would appreciate the likes to access DMs. Thank you!

like

How are you all handling work + the holidays? I just want to take a bunch of time off to spend with my family and unwind but instead, I'm drowning in work.

like
like

Can I know what senior fraud analyst is being offered with an experience of 9+ years

like

Looking for a Technical Recruiter job, 8 years experience in IT recruiting all levels & roles.

like

Did you share with your family when you hit a 1M net worth?

like

If custom order a Porsche and take European delivery, will I need to pay sales tax in my home state once the car is brought over? Or do I just pay the federal import tax? Or both?

like

Dear Connections, Hope you all are doing well! I am actively seeking a job change in Customer Service for pune/remote location with experience of 2 years into customer centric environment in Ecommerce and Banking and Edtech industry. location- Pune Kindly like and comment and share relevant opportunities.

like

So who is offering to host the holiday party?

Well he seems upset

Post Photo
funnylikesmart

Hi Fishes,please provide me 11 likes in order to enable dm option.

like

Someone pls let me know, what would be the in hand salary for this offer.

Post Photo
like

Messaging a guy on a dating app - I’m most interested in him out of the ones I’m talking to and have been replying back the same day, but he’s been taking 2-3 days to respond every time…take it as a sign that he’s not very interested, or keep pursuing?

like

Additional Posts in Middle East Consultants

Which hospital you are most satisfied with in Dubai?

I tried mediclinic but I feel the doctors are incompetent and just throw a load of meds on you. Saudi German is very good but too crowded!

like

When choosing a company to work or move to, what benefits you care about the most post the very obvious ones (pay, promotion, title, culture etc.) - wondering how companies are trying to win the talent war so any input (even if random) is welcome :)

like

Anyone at or going through Kearney Middle East kindly willing to share info about the interview process? Would much appreciate! (Currently going thru MBB+ interviews if you’d like info as well)

like

Any ideas of how living in Dubai and working in Riyadh will work once Dubai moves to a Sat and Sun weekend ? Any firm announcements ?

like

McKinsey & Company How does the new DEWS Contribution plan in Dubai work?
Does the employer match our contibutions like a 401k?


Strategy& Boston Consulting Group McKinsey & Company Kearney Oliver Wyman

like

Which consulting firms still do work in Lebanon?

like

Hi fishies! Considering an internal big 4 move from Western Europe to Dubai. Not sure about WLB and whether there’ll be enough growth and learning opportunities after reading some of the threads here. Anyone up for sharing their experience? Especially concerned about sexism / racism as a WOC…and whether moving back to Europe in a few years will be difficult because the ME experience won’t be considered valuable.

like

What are consulting exit options in Middle East? Just trying to see what's out there in the market and see if something makes sense. Any guidance would be appreciated.

like

What is the PwC equivalent for a Kearney Associate and/or ACN consultant? 4-5 YOE, both in industry and consulting

HELP!! I have an offer from a firm, and waiting on a second one to come next week. The first one only gave a verbal offer and should send the contract this week. I prefer the 2nd company and don’t know how to stall the first one. What happens if I sign then retract? Any ideas on how to handle this? Thanks

likefunny

McK 🐠: can you pls confirm if McK is currently hiring at EM level in UAE? Also, pls let me know if you’d be open to referring - 10yoe in Strategy consulting with relevant ME public sector / mega projects experience. Thanks 🙏

like

Middle East Consultants bowl has grown to be more active. Thank you for helping each other out, it’s so refreshing to see! Keep it up 👏

likehelpfulfunny

Hi , is anyone here from Bahrain who can give referral to PWC Bahrain external audit role .

Thanks in advance :)

Any aviation nerds able to tell us why emirates don’t use an A380 on their DBX to RUH Mon morning/ Thurs evening flights?

like

Any insights on ALG consulting? I received an offer much lower than my salary in the US, but I really want to work in Dubai so I’m considering it. What amount would you say is needed to live comfortably? Also, do most negotiate their offers in Dubai? Any specific things I should ask for or ensure the offer includes? Thank you!

like

I'm thinking of making a move from deals strategy manager to a corporate strategy manager role with 19,000 AED per month + housing allowance at Dubai.

Is it a good comp?

like

Has anyone worked directly with the Organizational Consulting Department at Saudi Aramco? Have an opportunity to join the team and would love to learn about their people, culture and comp. TIA :)

likehelpful

McKinsey & Company Hey guys - what is the range of the bonus at McKinsey as a % of your salary in Dubai? Thanks McKinsey & Company

like

Is it realistic to have a decent WLB if you’re a parent and working in MBB/T2 in Dubai? Is it guaranteed that you’d be travelling Monday-Thursday? Currently, I have a decent WLB in London but money is very attractive in Dubai but don’t want to miss my child growing up if I’m expected to not be home >80% of the time.
Any parents working in Dubai MBB/T2 have an answer?

like

For someone who spent most of his adult life in Europe, what recommendations do you have for me when moving to dubai as a consultant?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal