I’m looking for assistance on building your own portfolio in my traditional 401K. I’ve been reading that it’s important to choose funds with low expense ratios. Also, that it is recommended to have at least one US stock, international stock , and bond. I am 24yo so ideally, I’d want to allocate 90%-100% to stocks and 0%-10% to the bond. Any other things I should be looking at?

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I’d look into vanguard target date funds or the bogleheads 3 fund portfolio.

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THIS. For the love of god, why do people keep recommending financial advisors in this bowl? This is the correct answer a thousand times over, especially for someone in your position.

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I would consult a financial advisor. You’ll get tailored advice.

helpful

You’re on the right track

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No need for bonds at your age. You got enough time to recovery from half a dozen market crashes.

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Bond prices go down (e.g. you lose principal if you don't hold each bond to maturity) when interest rates go up. Yes, they preserve principal, but in a low interest rate environment, they are a bad investment for a young investor


/fin

I did this for my 401k:
65% - s&p 500 index
25% - international index
10% - US large cap growth index

Notice no bonds (I’m 27)

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Just started this year with this portfolio (before I had target date funds) and I’m up about 8% YTD

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I mean...don’t overthink it. A couple basic indexes are fine.

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Personal finance book recommendations?

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Hi, I work under contract for a foreign company as an APM. I have an import export licence and send the monthly invoice to my HR. My benefits include the following in-hand allowances: food, internet, sports, vacation, training and hardware. Plus a yearly bonus.
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Can wife claim husbands PAN for HRA? Flat is in the name of husband

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Just curious, has anybody invested on affordable housing in Gurgaon, India? Or got any insight for a first time investor.

Another newb here, what links do you 🐠's have to give me the run down on important things I need to know about crypto and starting to invest? I just saw the documentary on Netflix and am all for taking out the old model corrupt banks and rid of classic cronyism ...

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Are my crypto profits taxed?

Well yes. Crypto is taxed like stocks & other types of property. When you sell for a profit, you are required to pay tax on the gains. It’s called capital gains tax.

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Is laptop reimbursement policy still available or not since hybrid wfo has resumed? Joined last month. This is for Mumbai

Anyone from Embark able to tell me about some benefits you have. Like how long is Paternity leave and do you have to be with the firm for a year to use it? Also what health insurance do you have? I saw that Embark fully pays premiums but if it’s a junk insurance company then that’s not so great haha.
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Looking for remote healthcare opportunities in business ops or project management. Recommendations welcome.

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I am wanting to start investing in real estate in the new year… I’m using this month to read up on it and familiarize myself with it. I am a true beginner and wanted to ask for any tips, tricks, advice, books, videos, magazines, podcasts, etc to start? Please let me know!

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What's a reasonable average amount for basic cost living in LA (housing, food, transport, phone, internet..) for more context : single, would like to live in an independent studio in a nice area.

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How much rent amount should I pay to get maximum tax deduction?

Question for Sales leaders who’ve said “I did an analysis and concluded we just need more at bats”.

Does it feel like you’re saying something useful? Or are you also writing a book titled “In order to get rich you just need more money”?

likefunny

What are some good east coast cities to buy an investment property in? For those of you who have done this before, what's better for a first time buyer/investor - commercial or residential?

Based in NYC but looking to buy outside the city. Something that's 400-500k and has good rental potential. Thank you.

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Where are the Scania's members of Sweden? I'm about to change roles internally and I'd like talk about salary and benefits for an Object Leader and for a TPL engineer. #Scania #projectmanagement #technicalprojectleading #salary Scania

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Accenture India I am trying to apply for an opening in Accenture portal and I am getting some issues in applying for an opening. can you help me out to correct my profile to apply for the opening and I have added the screenshot below CID: C9175059
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Hello fishes,

I'm a Business Analyst with 1.2 years of experience and currently, I'm trying to switch to a different organization.

I have worked on and have been part of various analysis and case studies in my current project and have experience working on Bridge Insurity tool, Python , SQL ,C#, .NET, Data Structures and Algorithms.

Please refer me if there are any related opportunities in your firm.

Thankyou!

Top 2 cryptos people are invested in LT and why

Can you really learn a language properly with Duolingo? To the point in being able to use it professionally? I feel like it's no rival to Rosetta Stone in that regard.

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I’m a designer in the planning/landscape architecture dept. of a CE firm. Extremely frustrated that after 4+ years and multiple asks, I’m not getting the in-field construction experience I’ve asked for. I know that my designs could be better if I could see how things are actually built but I get slapped in the face with “I need you in the office designing/drafting” or “there’s no budget to have you go out” and then sends an intern to inspect instead. I’m 5 yrs out of college. Any advice?

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Any opening in accounts and finance

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Any advice for a young engineer trying to land their very first job out of college?

likesmart
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Hey Guys, Hope you all are doing great. Can someone let me know about the work culture, is Saturday working, are there any shifts and benefits of HSBC Electronic data processing india, ecospace, Bangalore?

Is there anyone who got converted from vendor to HSBC? If yes, how much% of hike HSBC offered)?
Thanks in advance

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How long does take for hsbc to release offer once bgv is complete and salary discussion is done with HR. Hsbc Hyderabad

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Does hsbc have Christmas shutdown like most firms? Or is everyone working through the holiday season

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CGI company comes under which tier category.

Can anyone share reviews about Datacore, Bangalore?

Hii All
How is dbs project in ibm for application developer in terms of wlb , growth etc.
TIA

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Hey Guys,


I got a call from
Infosys HR on 16-September-2022 that I have been successfully selected for the job position of Test Analyst at Infosys, as per our conversation I have to receive an offer letter within 15 days, but I haven’t received it till now.

Now They have sent a mail that your Candidature is on hold. Is this happened with anyone else also.

Please do suggest on this guys.


Infosys

Additional Posts in FIRE Financial Independence Retire Early

Did ok on a real estate investment and will have around $200k net to reinvest. Looking for opinions on short to mid-term investments for consideration. Moderate to high risk tolerance. TIA

likehelpful

Anyone start later in life? About to turn 32 and my retirement savings are sad.

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Today I am 28! Any advice you wish you had at my age?

likehelpful

Still using Ally Bank savings account, but the APY had dropped to .60%. Time to move. Any recs on personal savings account? This is my emergency “savings”

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What’s everyone using instead of Robinhood? I just learned of WeBull recently but am not sure it’s for me.

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Are we on recession? My portfolio is super down - low cost ETF investor here

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Anyone here over 70% in VOO or VTI? Is that a smart move for less-involved investor?

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How much of a nest egg would you expect a couple to collectively need in order to retire at 40 and live relatively comfortable (not lavish)?

likefunny

I’m 36 and I recently reached a net worth of 1 million dollars. I thought I was doing good but then I see other people with several millions and can’t help but wonder how they got there.
I feel I’m doing everything I’m supposed to (I save, I invest, I max out my 401k, IRA, etc...).

What can I do to upgrade my game and reach those higher numbers?

likesmartfunny

Are my crypto profits taxed?

Well yes. Crypto is taxed like stocks & other types of property. When you sell for a profit, you are required to pay tax on the gains. It’s called capital gains tax.

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Sooo AMC.. who’s in?

😂

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Listening to Rich Dad Poor Dad and I keep expecting every story to end “and then everyone clapped” 🙄

likefunny

Currently 23yo with $65k in cash and $14k in student loan debt. Not sure what the best course of action is. What would you do?

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Anyone here from NYC? Be cool if there was a meetup.

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What is a reasonable fat FIRE number for a married couple? Can’t figure out if numbers I see are for one or two peopl

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First time investor in the US. Any suggestions on books / blogs to read to get smart. Where do people typically invest given all the client related policies in place for consulting firms?

what are the tax implications when you withdraw from your espp? what are the necessary steps you have to take so you don’t get overtaxed?

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I’m curious why more non-US citizens interested in FIRE don’t go live in a no/low tax jurisdiction even for a few years e.g. Dubai, some Caribbean islands. I get that some people will have family circumstances (e.g. elderly parents to look after) so it won’t be possible for them, but for a significant proportion it will be an option

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Anyone have a net worth/budget excel tracker they want to share?! : ) prefer not to use the apps.

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Vtsax vs fxaix?

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