Is it unwise to be investing for my future mortgage down payment? I hear to keep it in savings, but this isn't exactly short-term. It will take me at least 5 years to accrue what I need, and even longer if I have to just save up for it in cash.

Can someone point me to some material where I can read about profit sharing vs 401k. I get the concept, but I am trying to understand is 10% profit sharing vested over 5 years better than an employee 401k match of 6%?

From my understanding 10% PS is better because it’s just a standard 10% on top of whatever I contribute though it takes 5 years to vest. Does this mean if I leave before 5 years I don’t get any of it?

Anyone heavily invested in crypto here?

I just started working as an freelancer and I am paid in USD. How do i encash them in INR? What would be withhold tax deduction? Can someone please help?

Hi, I'm new to Dallas. Have been eyeing on rental investment in Dallas. Looking into Zillow, properties in Arlington seem to have good appreciation. Is it good idea to invest in Arlington? What other areas in Dallas can I consider (checked Carrollton, Plano, Coppell, Addison).
Thank you.

Is it worth making the time/money investment to make the switch from big 4 FDD to MBB. This would require getting into and paying for a top MBA program and my net worth would be way negative after that. Are the MBB financial returns worth it? Im 26 years old for reference

Has anyone bought a house in pre foreclosure for investments? How do you assume possession of their loan? Do you have to go to the bank and qualify for it or just sign? Also, is there a way to see how much in fees and backed mortgage they owe?

I have the opportunity to buy a new build in ATX for 310k at 5.625% 30 year. Should I buy it? I can either:
1) rent it out
2) sell it

It's not my primary and I don't need it to live in. The news about a housing market crash is worrying me. Any advice?

People worrying today should read books on trading psychology! Not being patronizing- it will help you in the future, not just for investments but for doing better in life!

Just sold all my remaining LTC. Bought at $50. Waiting for another dip of ETH below $707 then buy ETH and buy LTC if below $80...

Does the $20,500 pre-tax 401k contribution limit include employer match? I.e. My contribution + Employer 6% match = $20,500? I know that the combined employer/employee contribution limit is around $60k, but from my understanding that ends up being due to after tax contributions. Apologies if this has been answered before - thanks!

Just started to work in the US on h1b.should I invest in 401k? What if I am not sure about staying in the US for the long term..Is there a penalty for early withdrawal - does it make financial sense?

What are some of the investing must-reads that you'd recommend?

Has anyone tried to sell miles or points through one a site. I have a family member looking to do it and I had never looked into. Any experiences? Pros cons

I’m a renter with 10 months left on my lease. Have an option to invest in a 3 unit property with someone who would live in one of the units. Would it be a bad decision to invest but continue renting?

Can anyone please tell if rent agreement is required in LTIMindtree for hra tax exemption or not ? If yes then should it be notarized or should it be registered ( registered means stamp duty and all ).
Please let us know.

Clever ways to get cheaper housing? What's your hack to beat the system?

Married, 2 kids under 3 yrs. Apartment is too small, but we can't afford bigger. Do we rent a 2-story house and split it with another family? Do we stay in our small apartment and get creative with bunk beds and storage solutions?

How can a family, with kids, and one crappy income ($82,000) get a comfortable living situation here?

Currently 25 years old.
Goals:
* Own a home in a HCOL
* 2 kids (eventually)
* Retire at 50 on $125k/year.

Envelope math:
* $125k/year would require an investment portfolio of ~$3M.
* Targeting a $2M home (split with partner)
* 2 kids - $1M to raise both (including college fund, split with partner)
* $500K buffer for unexpected expenses
* 33% tax

Therefore, 6.5-7M retirement savings needed. To hit this (assuming 6% return after inflation), I’d need to save ~$110k/year.

How does this sound?

Hii ,
First time investing and hence I did some research on investment and planning to invest 40k in the below fashion.
10k-ELSS 10K-Equity MF 10k-Debt MF 4K-NPS 6K-PPF . Is it fine or any suggestions are welcomed. Also if anyone can suggest me which ELSS or mutual fund should I select considering the current market scenario

What are the recommended tax saving options apart from 80C, HRA & NPS? Any insights would be much appreciated.

Whats your favorite case management software? My growing small practice is looking for recs

Can anyone send me invites/codes to the EY and KPMG bowls?

8/28 Thread (General):

Joining Google Strategy & Ops in June. Looking for books/videos/trainings to learn about the overall ad business and also Google’s specific ad products. Also may be worth mastering Google Presentation (vs ppt) Any suggestions?

Interested in becoming a Google cloud product manager. Here are my observations on the experience you will need to be considered.

Here are my observations about the skills and experiences that PMs have and how people are joining that group.

They are all technical. All of them could easily be very technical cloud consultants or cloud engineers.
Tl/Dr. If you couldn't get hired as a cloud engineer or cloud consultant - you probably can't become a PM

Does Google value FAANG experience over consulting? Say if a person is trying to get into Google from Apple, will it be considered easier?

Hello Fishes,

I have offers for BA role with YOE - 9 yrs from

KPMG - 25 LPA - Consultant

Barclays - 27 LPA - AVP

Citi - 30 LPA - AVP

All three companies are offering hybrid work model as of now.

Can you please help me suggest which is a better choice w.r.t work culture, work life balance, yearly increment & bonus, promotions ?

P.S. I'm a working mother

PwC India and PwC US

Which is better?
What are the advantages of joining PwC US.

Please help me to understand it

I’m worried that my voice, communication style, and body language comes across as too effeminate for our straight clients and peers. I’m transitioning to sales now and am insecure that my personality and appearance may hinder sales gen? Client industry is very old school. Can LGBT partners//Ds/MDs chime in how they managed the same transition?

Uniqlo stretch wool custom jacket. Is it good ?

Any single F looking to get dinner or drinks today evening? 35 M here.

Looking to fully refresh my ski equipment (skis/bindings, boots, etc). Midwest places are starting to close up (wtf I know!). Anyone have recommendations on solid ski shops? Prefer Denver/Colorado Springs Metros but open to all.

What's the longest vacation you've taken and where did you go? Thinking about capitalizing on my unlimited PTO and want some ideas.

We are expecting our first (also the first grandkid for both sides of the family) and our parents have done so much for us- is there a way to make them feel loved? A special grandparents gift?

Is it possible to work in big tech without moving to California? I hoping to move to the east coast.

I am serving notice period and in october month salary I haven’t received night shift allowance while other members of team have received it. Can anyone please confirm if there is such rule that within notice period Night shift allowance goes on hold and will be paid in FnF. Or should I raise this concern with my manager.

Mortgage PITI payment would be about 50% of take home pay, but it fits easily within my budget. We max out 401k, HSA, and backdoor Roth. We also have about 150k in savings in case things get tight and saving an additional 1k per month. Is this still too tight?

Will there be any tax implications from Venmo transactions in FY21 given the new fees they introduced earlier this year? Neither I nor any people I have transacted with this past year have noted that anything was for goods/services regardless if that was actually the case so am wondering if there will be any changes as to how things are accounted for or if any new forms are being issued.

I’m originally from Brazil and most of my investments are allocated there.

Brazilian fixed income products are paying 13.25% returns and I’m wondering if it’s a good idea to secure this return in Brazil or if now it’s a good time to build a portfolio with US equities?

(90% of my money is on my Brazilian portfolio)

How to invest in commodities (e.g. wheat)?

Thoughts on investing in DISney ? Better to go in as a stock or via ETF exposure?

I currently have both of my retirement IRAs in SPY (Roth & Traditional). I rarely ever see anyone here invested in SPY, it's usually a vanguard fund like VOO, VTI, VXX etc. What's you're reasoning behind that, and alternatively if you're in SPY, why?

Probably a stupid question for most of you, so apologies: if I invest $10k in stocks/bonds combo, make $400 profit, and decide to withdraw 10k after 4 months. Do I pay taxes on that or taxes kick in once I go above the amount of $ I invested?

Can I get some real helpful guidance here?

Current finances:
-75k in the market (VTI,QQQ, ETFs and stocks)
-20k in Emergency find /Cash
-30k in Roth(maxing since 2019)
-60k in 401k (maxing since 2019

I don’t got much money expenses and wanted to know where to put my money during this market for the next couple months. Is it smart to DCA? Put limit orders in? Just hold cash?

Additional info:
-minimal rent / expenses (~1000/mo)
- started HSA this year
-130k, 3 YOE
- no debt

Looking to buy a condo in around a year or so, any tips/tricks/books to read just to go into the process with as much knowledge as possible when it comes to buying a property?

Where is everybody putting their money right now?

I am already close to maxing my 401K, maxed my IRA, and purchased $10k in I-Bond. The remainder of my investing goes into a taxable brokerage account.

Anything else out there I should be considering in this terrible market? I know the I-Bond is the only thing that’s going to make money this year. 😔

Can someone point me to some material where I can read about profit sharing vs 401k. I get the concept, but I am trying to understand is 10% profit sharing vested over 5 years better than an employee 401k match of 6%?

From my understanding 10% PS is better because it’s just a standard 10% on top of whatever I contribute though it takes 5 years to vest. Does this mean if I leave before 5 years I don’t get any of it?

Does the $20,500 pre-tax 401k contribution limit include employer match? I.e. My contribution + Employer 6% match = $20,500? I know that the combined employer/employee contribution limit is around $60k, but from my understanding that ends up being due to after tax contributions. Apologies if this has been answered before - thanks!

Does anyone know of any first time homebuyers programs/grants that help with initial costs available in the state of Virginia?
Did a quick Google search but only found one option.

Is commercial building a good investment channel? Any insight would be greatly appreciated

Are Vanguard target funds good options to invest my 401k money in?

How are you all determining the future cost of college and target levels of investment for 529 accounts? Having a hard time seeing how 100k for college in 15 years is realistic. Also don't know the right level of savings to target (50%? More?).

Thoughts on vanguard money market funds to replace HYSA in today’s market?

So I've been reading about opportunity zones. Is anyone investing in the area? I had some questions I wanted to ask

GME and AMC are not doing well today 😂

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?