In my quest to seek out a direct but also passive investment opportunity I’ve “stumbled” across some oil drilling companies. This is my first time exploring anything outside of funds and real estate. The ops sound good. Decent returns and a killer tax advantage. Could any of you 🔥 🐠 with experience in oil and gas give me some high level thoughts, experience notes, companies to stay away from etc? The insight is greatly appreciated. I’m looking to invest about $150k

Advice needed - my 12 YO niece wants me to teach her investing. Her parents are supportive. Do I open a joint account with her or an account just in her name?

Is bitcoin in your top 5 coins in 2022?
Me: No, am looking for small cap coins that are going to be able to 10x or 100x from here. But when you look at bitcoin, it’s $40k.. $40k times 10x is $400k. A lot of shit has to happen for bitcoin to move to $400k and it’s gonna take a lot of time.

Has anyone dealt with a FIRPTA withholding on a sale? It looks like the seller of a condo I’m interested now is an international student so it would apply. Are there any specific steps to take with this kind of transaction? Is it as simple as withholding 15% of the Sales price from the seller to remit to the IRS or is there more to it?

I want to invest in a company that has lost the most relative to others in the hope of getting the most return. Any suggestions?

Hi fishes

My package is 25.5 LPA fixed. Can someone suggest which tax regime would be better for me. As of now I do not have a home loan to claim tax benefit.
Also what could be the in hand salary in my case.
PF deduction : 153000

Do ppl use Robinhood for long term index investment? I just want to put some money in something like sp500 and leave it there. What’s a good option? Vanguard? Schwab? What’s the difference?

Really dumb question, but how can I invest in an ETF?

Best bank to open a checking account with no fees and good online banking facility.

I was planning to buy a home next year, but now I expect to renew my lease once it expires. If so, I wouldn't be buying a home for at least 2 years from now.

Guessing I should still leave the down payment in a HYSA (getting 3% right now)? Sucks to miss out on market returns, but I understand that conventional wisdom is not to invest money you'll need in the short term (within 3ish years). I'm definitely tempted to put a portion of that in VTI though...

Are Certificate of Deposits (CDs) getting popular again with the rate hikes? Thinking of putting some money in since I’ll need to buy a house in 2 years.

Anyone have any good book recommendations around building passive income sources/building wealth?

Is there any way to get a Singapore (+65) SIM card and phone number outside of SG?

I’ve been listening to “millionaires unveiled” (highly recommend for FIRE content) and it seems like every other guest ends up doing real estate investing. If you do it, what books or online courses would you recommend to get started? If you have experience in real estate investing, would you ultimately recommend it?

Everyone has a different perspective on this but would love to hear yours. Someone has debt ranging say 4-5% interest rates. Do you attack debt more then investing to move towards a debt free life or do you go after investments since they return historically above that then paying down closer towards retirement. I know the latter looks better on paper but what about the psychological factors of being debt free and the guaranteed return on interest savings.

80K Base. No 401K. Maxing out Roth IRA and Traditional IRA. ~2k student loans left. What else should I/can I be doing to head towards retirement and also not get bent over with taxes?

If I sell my ether on Coinbase for cash, how quickly can I direct deposit it into my bank?

Joining a startup without a traditional 401k (not US based). Are there any other equity investing options besides IRA and standard brokerage contributions?

any idea whats going on with ARK? regretting putting 20k in when I did…

Did a few rounds of interviews somewhere a few months ago, but the agency ghosted me. Checked their website and a similar (the same?) position is listed. Is there a not-weird way to reach back out?

Hi Fishes,

Current CTC - 9L
YOE - 4
NP - 90 days
Domain: ☁️ GCP

Kindly suggest me the CTC i can ask for first offer and the max estimated CTC i can reach?

How did you get buyers to look realistically? For example, if they have a low budget, but a lengthy checklist where they might not get everything for their price range.

According to Forbes, 83% of companies/brands that invest in great customer support produces 5.7 times more revenue in the long-term as oppose their competitors that have poor customer support. Do with that what you will!

After 6 years of temporary contracts and unstable situations, I find my dream job in my dream company. All of a sudden the world goes upside down and I get laid off. I start sending hundreds of applications, with only 2 recruiters getting back to me to say I don’t have experience for the job (this is how it works in Italy). Add a terrible health situation in my family and it seems there’s no light at the end of the tunnel. Ugh. 😞

If you were to buy one watch and wear it everyday of your life for the rest of your life what would it be and why?

BB is a solid buy - get it while its cheap

Anyone using safeword card device here?

Hey FishBowl Friends, so I’m currently trying to break into tech sales/FinTech and I feel that due to my previous work history, I might not look like the ideal candidate on paper but I’m an extremely fast learner and very coachable. I’ve been a manger at a gym, got my degree in finance, worked as a client advisor at a top 3 auto dealer in the nation and now I’m a project manager at a solar company. I really want something that’s remote and steady, any recommendations on how to spruce myself up?

How likely is one to succeed at using a competing job offer to negotiate a raise at your own company? I’m happy at my current company aside from compensation, and don’t want to leave. But I wonder whether getting a better offer and trying to negotiate better pay in the current role is a losing proposition, because even if it is accepted, it may sour the current company on me, and put a target on my back in case people need to be let go. I also know I’m not indispensable to my company.

Hi guys,
I wanted to know how much time Siemens takes in job application when it's in in process with recruiter as it's been a while since its status changed to in process(recruiter)??

Is it just me or is Grey's Anatomy the most overrated medical show still running that should have ended after season 6?

Am on the look out for Senior or Mid level Android developer roles that offer relocation to Canada. I have 6years of Android(Java/Kotlin) experience, 2 of which are in leadership and 2 years of experience building MicroServices(Javascript, Typescript) resting in AWS(CloudFormations, OpenSearch,DynamoDB, Cognito and Lambdas).

Any leads?

Looking for an Job opportunity in operations - O2C domain, preferably cash application.
Experience in years - 3.8 years
Current company - Accenture Solutions
Current designation - Senior executive (management level 12)
Current CTC - 4,58,000
Variable+incentives - 73,280
Expected CTC - Around 7 LPA (Negotiable)

Can someone suggest if any vacancies are available or refer me the best opportunity

Outside of the prospective applicant pool who seems to idolize H/S, is there an actual perception gap between W and H/S? (E.g. in the eyes of senior execs and the boardroom)

For those of you who received stimulus checks, did you find them to be helpful or did they just simply increase your savings account?

Joining a startup without a traditional 401k (not US based). Are there any other equity investing options besides IRA and standard brokerage contributions?

We want to be ready to buy a house in about a year. We currently having money sitting in some CDs, but I feel there is probably smarter ways for us to be saving the money. Advice?

To experience a rich life, one’s best investment is in that which even those with significant monetary wealth won’t be able to purchase at any price…. Relationships , health, and learning

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

How do people here reduce their tax bills? Me and my SO earn about 400k gross and take standard deduction. We don’t own real estate, only S&P500.

I lost my job in 2018 (I was 33). My wife and I had no savings (paid off our loans). We had been together for a few years and had been spending our money on vacations and dining out. It was a huge reality check. So, we decided to not let that happen to us again. We really tightened our belts, and started saving and investing. I added my 401(k) account to Mint today and realized that we had crossed the $1M net worth mark at some point this year (at $1.2M now). Wanted to share this for the 30+ 🐠..

Do people here consider having children and what it means for financial planning?

I have 10k extra to invest. How should I grow it? Any growth stocks to recommend?

Well my work gym just added Peloton and I just got my Peloton last month. I really love it so far. Not sure if I should return it now that my work gym has it? Also, I don’t plan to be with my work after summer hopefully. So maybe I should just suspend my subscription for now?

Who’s on their way to FAT FIRE?

I find this bowl both inspiring and depressing as I’m at the lowest of lows in financial terms of my life. Ugh.

Unpopular Opinion: The last 4 months has been a DCAer’s bliss. I’ll be maxing out my annual Roth 401k contribution in 4 weeks. 🍾

Curious about net worth milestones. How long did it take you to go from 100k - 1m? What was your “story” (income/savings rate/asset allocation)? I realize many probably achieved this in the bull market we’ve been in, but still curious.

What’s a good, practical tax book to read for someone who knows nothing about taxes? I feel like I should familiarize myself with them but don’t know where to start/find the topic very overwhelming and dense even as a finance attorney. Welcome to other beginning finance book suggestions too! (Already read Kiyosaki and Ramsey)

Open Poll: what’s your FIRE number, when do you pull the trigger, and where do you want to live? Personally, my ideal numbers are 10M, 35, and lower cost area of a HCOL (Brooklyn). One can always dream!

Anyone invest in RE via a partnership (LLC w/a few shareholders)? Did the person that put it all together receive any type of comp (eg larger ownership stake)?