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Off Topic : 1) When Does a software engineer start financial planning for retirement since the our Career span is only 15-20 years on average.
2) How much and which schemes to invest to mitigate the risk?
3) How much do we need for retirement? Tata Consultancy Infosys Mindtree IBM Wipro Capgemini Cognizant HCL Technologies
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Hi all, Recently i interviewed at Adobe for the post of computer scientist, Noida location. Had 5 technical rounds, but after that i didnt get any further response. One of HR called me and asked me to wait for a day or 2 last week, she gave me the reason that there are some issues going on in company. It's been 2 weeks now and i haven't got any response from them, i have been following up on mail and call, but there is no response either. What could be the reason ?? Any adobe folk out there ??
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Rising Star
Rising Star
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I suggest the book I Will Teach You to be Rich by Ramit Sethi https://www.amazon.com/Will-Teach-You-Be-Rich/dp/0761147489 . Good roadmap for general personal finance from the personal finance subreddit: https://i.imgur.com/lSoUQr2.png
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Read the book "A simple path to wealth" by JL Collins. Or read the series from his blog from which the book was compiled.
https://jlcollinsnh.com/stock-series/
Scroll down and read. You’ll find a ton of good insight. What’s your goal? For retirement?
Vanguard is a great platform for brokerage and Roth IRA.
You can do nothing more than S&P 500 and you’ll be golden long term.
You can contribute to your 2019 Roth IRA up until tax day, so max that. Then get a plan to tackle 2020 Roth IRA.
Max sure you’re hitting match of 401k, at minimum.
Max your HSA.
All of these can be S&P 500.
Beyond these, put like $500 (or more if able) into S&P 500 each month in a brokerage, if you’re not maxing your 401k.
You’ll be golden long term.
A lot of good, simple insight here:
https://instagram.com/personalfinanceclub?igshid=1gnazlcqt3y46
I make $86,000. Was previously doing 10% of my pay to 401k into S&P 500. With this dip, I’ve upped to 20%.
I max HSA into S&P 500.
Roth IRA is $500 per month. I don’t do S&P 500 for this, but that’s a great spot to do so as well. Then I try and put like $500 per month in brokerage. Either individual stocks, or again a great spot for S&P 500.
I make around $130k overall including a side gig, so numbers might look off just factoring in the $86k.
Emergency fund is ideally a high yield savings. Really liquid.
I’d recommend A Random Walk Down Wallstreet. Great starting point for investing
More data. I’m 34(i know I’m late to the game, didn’t grow up in the US), household income ~180k to 200K. How much money is a good starting point?
Following! I’m in the same boat and I’m 27.
Thank you all for tour advice. I already bought the some of the recommended books. Thanks
Any findings on what your going to start with?
Bogleheads Guide to Investing it the wiki at bogleheads.
Google 'The Stock Series by Jim Collins'. Free financial blog that does an excellent job of breaking down investing 101. Well-respected in the personal finance realm.
Rising Star
Bogle for sure
Following for insight as well
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