I’ll preface with I’m new at this and learning. But I’m researching if I should do an IRA or back door Roth IRA. And maybe I don’t fully understand how taxes work but what is the benefit of a Roth? From my understanding, the amount of tax you pay is mainly based on your tax bracket. Wouldn’t I pay far less taxes (thus inadvertently getting more money) with a traditional Ira since me being retired would put me in a lower tax bracket than me well along in my career?

Just received a large lump sum of money due to a death in the family. Would like to invest for a year to get the most growth and then use this as a potential down payment on a home. Any suggestions?

What % or amount do you aim to save every month, and what have been you most effective tips at decreasing your spending?

How long before switching job? I have 2 years of HR Experience (1 year from each job) and I want to get more money.

About to get about $10k from freelance. I have a full time job so my bills are already covered. Unsure how to split the $10k - got about $3k on credit cards to pay off, but no other debt. Should I throw the rest into savings? Buy some more stock (have a few $100 invested already)? Could do a bit of each of course but as I split it up it feels like less and less and like I'm not going to see substantial growth either way.

What are your income expectations 5 years post MBA?

Also for newcomers who want to learn more about investing in ether, the different exchanges to use, wallets, cold storage, etc... visit the website in the comments section. There's a 50 page guide that was invaluable to me when I first got started.

If anyone is planning on getting a chase freedom card lmk and use my referral code please!

Is it legal to get rent in USd on my India based property? What are the risk involved ?

We're aiming to live long enough to spend it all. If we die younger there is a substantial estate and only nieces and nephews. I have three topics that I'm requesting your thoughts on before I engage an attorney;

Anyone have any leads on openings in the Boston area. Just out of undergrad with a mechanical engineering degree and crushing student loans. From the area so greater Boston area works too.

I was expecting my final EY Pay today but it didn’t get deposited. However, I did have an attempted FedEx signature required delivery yesterday. Do you think that is my final check?

Any good Cannabis stocks, ETFs, or mutual funds with decent returns?

Anyone trade DeFi derivatives on Synthetix/Kwenta? Any experience staking SNX?

If I see one more article on how millennials are ruining the economy or housing market by not buying enough homes or selling enough homes I'm going to scream. We were saving for 3 years before Covid and had to use a solid chunk to take care of ourselves and our families during quarantine. Now that we're ready to save again inflation and COL are at an all-time high and we're headed into a recession. And somehow this is my fault for what...not being a boomer? Bffr.

Crypto companies / frameworks going bankrupt is a path towards maturity ! Banks will buy these and make blockchain tech their own thing and then propel it forward towards regulation !

My husband and I are young professionals, with a newborn, looking to buy a home in Los Angeles. I work in Century City. Where are young professionals with families living in LA these days?

How do you and your significant other split expenses such as rent and eating at restaurants? We are in our late 20s, not married, she works in tech and makes ~$150k while I am an Associate making ~$400k. We split our $4500 rent based on income so I pay 70% rent and I pay for all meals at restaurants (we eat out ~4 meals per week lunch or dinner). Interested in hearing how you all split these expenses and how your income splits between your partner

We bought a condo in February 2022 then as you know prices are going down while rates are flying up 😭 We're quite worried about the value of our home and can't really enjoy it. What's your thoughts about this? PS. First time home buyers 🤫

What are some of the things that were a MUST when buying your first home and what were some things that you were more flexible with and why? I’m having a discussion with my partner about what we absolutely need and what can be worked on later. Also, any regrets?

I’m really discouraged. My after tax / after 401k contributions etc. take home pay is $6,500 monthly. I have $60,000 in savings / stocks for a down payment but even looking at a $550,000 home, my monthly payment would be about $3,400 from the calculators I’ve been using. Is that too high?

So discouraged that houses where I live are about 50% higher than what they were 2 years ago, and now interest rates are around 5.25% for my credit score. This is like a 1750 sq foot home

Does anyone work for an educational nonprofit or other business like Collegeboard or AICE? I’m interested in transitioning into a role at a place like this but am not sure of the path to get there

Hello! I made this bowl for us Canadian consultants to mix and mingle... and share our experiences of working with our American neighbours and/or cross a border every fly day 🤣 Welcome!

Seeking recs: San Francisco (downtown) mid-week outdoor lunch options for a business lunch?

Just finished my degree in managerial science and have a minor in marketing and a Sales certificate. Have had 4 different management jobs. Just accepted an opportunity as a district manager for an Insurance company. Not 100% sure about Commission-based only. Would love to manage in the sales world, and would love to travel on a weekly basis. Any advice or am I aiming for something unrealistic at the moment?

@fishis, I got selected in synechrone, they are scheduling Client round for me. How tough is it?
YOE- 7
Tech stack- Big Data,Spark,Aws

Have you calculated how much total tax you pay each year? Last year I made $185K and paid $68.5K in total taxes, which includes federal income and payroll taxes (social security and Medicare) and state income tax. 37% of net income went to taxes. How much in taxes are people paying?

I'm PAST burnout at this point. I'm not sure what to call what I am right now.

I like most of the customers but some of them are really uncomfortable to talk to (just very disagreeable people), and the supervisor always makes some excuse and leaves me to deal with them. What gives?

Your most positive customer interaction?

What are your tips for publicly responding to negative reviews?

Hey all, I keep being contacted by recruiters to jump to PE from management consulting. I have 7YOE in consulting and I have 0 experience in PE. For this very reason I don’t comprehend why I get chased lately. Any thoughts over here?

Has anyone tried turing jobs here?
It is really hard to find C++ jobs these days.
Are there any remote jobs even available?

BBH NY? Thoughts?

Hi! I’m moving to NYC in a few weeks and I don’t really know anyone. I’d love to do some volunteer work! Anyone have any suggestions/organizations? Also if you want to be friends that’s cool too!

My whole sleep schedule is fucked up thanks to my husband the teacher, who can sleep in and “give out assignments” for like an hour

Can I get 11 likes please?

Does anyone have any experience with buying & renting real estate properties in Florida? Good idea or bad?

I’ve been looking at apartments in Brickell, Miami. This would be used primarily to rent via AirBnB (or a full 1 year lease if I can find a a decent tenant).

Any advice is appreciated.

Thanks all

Fire friendly car? I have a bmw and it’s paid off but it’s a ticking time bomb. I want something more reliable. Should I trade in and get a Toyota? For purposes of fire, I could get an older model since they last forever. But the new ones are tempting and I would pay maybe $200/mo. Worth it or just keel the bmw?

What’s a reasonable fee for an accountant? Single filer, W2 employee. Simple investments but just need some help filing correctly given a move between states, a recent start to investing in more tax advantaged accounts and more etfs. Otherwise pretty simple. Should this be a few hundred dollars?

I believe there is McKinsey user in this bowl trying to scam people and teach them about crypto…please be vigilant

When you finally achieve FIRE, what are your options to cover health insurance? Any specific strategies to lower the health insurance cost?

TL;DR: Social Security matters.

My wife & I are 35. If we quit working today, at 70 we are entitled to a combined $50k in annual SS in today’s dollars. (Source: SSA.tools)

$50k real is significant. Let’s be conservative and say that a 70 year old couple spends $100k per year. That’s SS meeting half of your required expenses.

Current law with current demographics shows that SS can fulfill 79% of benefits into perpetuity.

Assuming SS will disappear means working decades longer than needed

What’s your recommendation if my new 401k does not accept pension rollover? I think the only 2 roll over options left are traditional/Roth IRA, right? If I first roll over the pension to traditional IRA, and then immediately roll over the traditional IRA to my new 401k, will I still trigger the pro rata rule when I do backdoor Roth in the future? I have never contributed to a traditional IRA or done backdoor Roth so far.

Hey guys, Im 25 and I have about 35k in the bank, 21k in retirement, 41k personal invested, 5k in crypto. No debt. Is it smart to invest more during this down market or save for a house/wedding or something else that’s smarter?

im 27 and could possibly retire if I kept my spending low. However you never know what’s going to happen, do you? How do you deal with the uncertainty?

Anyone do FIRE after doing an MBA in a HCOL city? I’m curious how people who graduate from top mba programs and work in NY or SF as consultants and manage to do FIRE

Getting a fat bonus > 50k. 401k will be maxed, already dump 3-5k in each kids 529 and have more than six months of emergency fund. Already own a house at 2.85 etc. not flexing or anything just want to know what folks would do with a sizable bonus. Need ideas please. Otherwise dumping in VTI lol

The BEARs have come out of hibernation!! It’s time! Hope you all learned how to make money in a bear market!

My father is an accredited investor and invests in private companies. I said I’d give him $50k for one of the investments but technically it’s all in his name. 3x return. Any way to touch that money without double taxation (expecting to pay his highest tax bracket on the returns since shorter than 1 year and then gift tax above $30k)? Thinking about asking him to put it in a separate bank account in his name linked to my credit card - but still likely too much money to burn through.

So pumped. My portfolio went up from $1000 to $1015 yesterday. So much gains. Maybe I’ll put another $1000 in. I’m not telling you any of my secrets.

Is a 1 bedroom apartment big enough for a couple, especially if one primarily works from home? Thinking about moving in with my SO.