is it better for me to invest in the stock market through a brokerage right now, instead of increasing my roth 401k?

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

If you expect to need the cash before retirement, then you shouldn’t stick it into a retirement account where you would incur penalties for early withdrawal. A split might be a better plan if you expect to want to use some of the cash but also want to increase retirement savings.

like

I’d put more in the Roth 401k instead tbh. It’ll grow tax free and not subject to any capital gains tax but also depends on your personal goals. If your looking to park cash for a potential purchase shortly then brokerage but if not just throw into Roth 401k and your chillin

Related Posts

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 🤫

like

I bought a house in the suburbs of Chicago at the top of the market. I ended up moving out of state in 2017 and short-selling. I am now interviewing for a VP Accounting role with the mortgage company that got shafted by the short sale. If I get the job offer, can they/will they see this on my credit report? Can they pull the offer due to this? Should I tell them before we advance further?

like

My wife has two offer ,already confused and don't want to apply for any other opening now.

TCS- 20LPA ( 15.8 Fixed+ 80k retention bonus after each successful year of completion+ 3.4 L monthly and quarter variable pay)

IBM- 20.35 LPA (Total fixed) and 50 k joining bonus.

Yoe- 7.3 years. Technology- IICS.informatica power center.
Which one to join considering-
1. Career growth
2. WLB
3. Maternity leave benefits
4. Future annual hikes

Please suggest

What is the best way to get euros out without fees and at the actual exchange rate? Is it best to use an ATM at the destination or is there a better alternative?

like

Can someone on a Manager salary afford a $675k house on a single $140k salary? With 20% down?

Moving from the US to Singapore soon. On a 90k salary, how much should I budget for rent? Ideally I want to live in neighborhoods close to central locations such as Tanjong Pagar, but I’m not sure if it’s possible.

like

Problem gambler here having to deal with multiple payday loans. Does anyone have any advice on how to handle? Been in a situation with pay day loans in the past? Any guidance would be great.

like

What is the tuition reimbursement benefit like at your company? I’m in Accenture Operation and there’s no such benefits. (Only strategy and CDO have it). Is it typical?

like

Which pension plan does KPMG UK use? I’m US based but needing to rollover my existing UK pension due to new job / new independence restrictions and trying to align plans. Thanks!

Between two offers, "Associate Principal" for m&a consulting in the Healthcare industry vs a Director at a F300 company doing M&A and Partnerships. Consulting pays about 50k more. What does the future look like in consulting? I am a bit nervous jumping from from "industry side" to the "consulting side".

I have got an offer from S&P Global I want to know about following things

How much of Variable Pay is Paid ?? I got 15% of Base salary but how much will be paid like the usual norm i want to know

And what are the deductions from Base salary apart from PF ?
There are lot of allowances like internet reimbursement etc etc
Are they mandatorily credited or you need to claim ?

Recently moved to the US and will open a trading account. Which platform would you recommend? Looking for simple interface, low fees and promotion if available. Planning to trade semi-frequently (every second week / monthly) and invest 15k as a start.

like

I work a 30 hour a week job in tech making great money and have my manager’s trust. Told him today I might be leaving for an MBA (have yet to pay the deposit) and he was supportive. Great place to work and now I’m sad. Idk if taking out loans for this degree is worth it now lol

likefunny

How is ProcDna firm in terms of wlb and monetary benefits?

like

anyone gonna buy any calls before market close?

like

How is ZS different from other healthcare consulting firms in terms of projects? What does it essentially specialise in?

Anyone knows about company Shopee. how is WLB here? what benefits it gives to employees?

like

Hello Fishess,

What is benefits of National Pension schemes?
How beneficiary it is?

FIS providing NPS benefits..

Looking to buy a rental home in Durham,NC. Anyone here has any recommendations of what to lookout for specifically in this area ? This is my first rental property

like

To the struggling healthcare student. It’s okay to struggle and not know stuff. Sincerely your friendly neighborhood physical therapist.

like

More Posts

How’s BFG lookin these days?

like

Hi Fishes, I've been approached by Tiger Analytics for Data Science role and they would be sharing a test link which would be combination of python coding and MCQ (1 hr test) , could you please help me with what kind of questions to expect in the coding part and MCQs, how I can prepare for it?
People already working in Tiger Analytics would really appreciate your help.

like

Hello Everyone,

I have received offer letter from Optum Global Solutions India recently and I am seriously considering joining it(I also have offers from Deloitte USI and Verizon).
My breakup annexure mentions 4 components apart from RRP and PF. Basic, HRA, Flexi, Special Allowance. Either the Special Allowance or the Flexi is not included in the CTC mentioned in offer letter. So I want to understand how the Flexi and Special Allowance are paid monthly. Can someone please help?

like

My supervisor took over the steps i was supposed to perform during final deployment and there was a mess up. All management people think it was me. What should I do? I am looking for promotion this year and this will bring down my ratings? Should I talk to my SM who is above my supervisor? I have split up my snapshots for reviews between SM and my supervisor. So both of their reviews will matter to me ???

like

Giveaway Announcement: A random number has been generated. Congrats Number 3! Check your email for your Food52 e-gift card. Thank you to everyone for bringing positive energy to this bowl.

Post Photo
like

Does anyone use Litera Transact? Do you find it useful? Our firm recently rolled out the tool but the partners would prefer to run the transactions the old way. Not sure if I should spend the time to learn the tool/promote it to partners?

likesmart

I’m starting a new job tomorrow and really doubting myself right now... Help for overcoming first day jitters?

like

Do Big 4 partners need to maintain any level of independence in retirement?

like

Those living in high-rises - are your pools open? And if so, are they allowing guests, or limited to residents only. Trying to make a case to my building up in Old Town.

like

What is salary/hourly rate for LMSW in a hospital?

like

Anyone have insight on Neurocrine Biosciences as an employer or as a client? Got an offer for their Market Access team and all looks great....just can't get a read on culture

like

Hi everyone!!! 24, M, looking to connect with another guy :-)

Need advice from the forum as I am confused between the two offers. Thank you in advance.

Currently working as Business Consultant + Project Manager w midsize tech consulting firm : 12 YOE + current TC 125k

Offers :
1. Local Bank >> Business Change management role (COO org) >> 152k Base + 30k bonus(to be paid in March 2023) + challenging work culture + 3 months NP

2. Global Bank >> BA + PM role (CTO org) >> 160k Base + 20k bonus( to be paid in Mar 2023) + Regular work culture + 2 months NP

like

Social media is changing, from IG going to video and Twitter….well. It has become clear how important focusing on multiple social media channels can be.

like

Dell vs SAP labs which is better in terms of work?

like

I am a project manager for an architecture firm in Seattle with 15 yrs of experience in architecture and feel under compensated. Can I get an idea of what is a fair salary for a PM?

like

Data dog associate salary + bonus/equity? Nyc based

like

Hi Fish,

Anyone interested to move in Product Management domain and looking for career direction and coaching, DM me.

I am happy to help you for Mock interview preparation, Resume Building and referrals.

Building Product Manager.

likeuplifting

Hello everyone, is there any job vacancies for finance manager and sales manager.?

like

What do you estimate to be your personal functional inflation experienced over the last year?

I know the fed says 8.6%, but that number is averaged over many products normal people don’t frequently interact with.

I’d rough estimate something closer to 25% cost of living inflation over the last year for myself.

likesmart

Additional Posts in Personal Investment Chatter

What is the best way to get euros out without fees and at the actual exchange rate? Is it best to use an ATM at the destination or is there a better alternative?

like

Fidelity, who asked for this?

Post Photo
likefunny

I need advice! I want to save up for a wedding & a house within the next 5-7 years. Where should I invest some of my savings that are sitting in the bank? Considering Vanguard ETFs. Thanks!!

like

Can please anyone help to start doing investments into stocks? What iOS software do you use for monitoring and investing? What helpful websites can you recommend for diving into the investment world?

likesmart

What might be the ripple effect in real estate? When is a good time to get in?

like

I've been allocating 100% of my Roth IRA funds to Vanguards target retirement fund 20XX. Should I keep doing this or do I need to start getting into VTI/VOO/VTSAX as everyone in this bowl is so fond of?

like
likeupliftingfunny

What’s up with all tech stocks , most of big ones are down in after hours trading.

like

How do you vet tax accountants to tell if they're good or not? How much do you spend on them for annual filing?

like

Market was up 5% today, but now down 2% in after hours. Looks like tmrw might be another bloodbath

like

GME and AMC are not doing well today 😂

like

Pre-approved for a home but the rate lock expired and now we have to re apply. My husband lets me know his credit score dropped 111 points because of credit card utilization. Even if we get it below 30% ( which we can) not sure it will quickly reflect. I also added him as an authorized user on a high limit credit card I have. Any other suggestions besides trading him in lbs

like

Lot of fear in the market right now (understandably so). The situation in Ukraine is awful and the potential consequences are scary to think about.

There are some who want to sell in fear of their investments falling further. Do not do this. Hold and continue to buy more. Continue your 401k contributions, and add whatever you can afford after every paycheck into your brokerage. Those who sold the covid crash were often late buying back in.

This is the dip you're worried about.

Post Photo
likehelpful

Hello, so I have 1k-2k to invest. Are there any stocks you see with high potential in a few years?

like

SCARED MONEY DONT MAKE MONEY. BUY NOK 🚀🚀🚀🚀🚀

like

I started a small LLC on the side. My company is getting it's first client this month.

Wondering if any 🐟 have recommended resources on setting up initial consulting business thru an LLC.

Books, websites, tax strategies etc.

My LLC is already incorporated, but looking for guidance with the next steps (creating contracts, invoices, etc)

likeuplifting

Recommendations for a Roth IRA?

like

I just heard recently that if you refinance and your house appraises at 20% more than the amount owed, you can remove PMI. Is this correct? Getting a divorce and trying to keep the house but moving from a VA to a traditional loan and would rather not pay PMI if I don’t have to. House was purchased for $460k no money down (VA loan), refinanced at $450k to lower payments $400/month, now have $430k left on the loan... would it have to appraise for $516k?

like

Looks like stocks are back on sale

like

My husband and I have saved up about $80K and it’s just sitting in our bank account. We thought we were going to buy a townhome but with the crazy inflated prices we decided not to since we like where we live currently (location could not be better and rent is crazy cheap at only $700 a month). How should we invest our money in the meantime while we save up for a house?

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

Scan your QR code to download
Fishbowl app on your mobile

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