Is passive income a must have for a FIRE strategy. With the current real estate market, It’s seems like poor timing for Real Estate investment or rentals. What are other ways to bring in mailbox money?

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No, passive income isn’t a requirement. Someone can plan to sell shares. No meaningful difference between the two.

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That is a good point StMgr 1… maybe we need passive income AND a side hustle

It's not poor timing, you just need to look in markets outside of the NY/Cali/DC/Seattle. I bought a duplex last year that is cashflowing more than double my expenses.

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Purchased March 2021

A way to generate funds to live off is a requirement, but there are many ways to achieve that.
Stock dividends (and appreciation) are both passive income.

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There's nothing passive about real estate unless you buy REIT

I'm 100% stock indexes and don't have to spend any free time dealing with landlord headaches

I mean it’s beachfront so there are lots of vacation rentals around. A mix of year rounders and summer folks. But it’s a single family home.

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considering buying a piece of rental real estate in a different state NC and I currently live in FL. Would setting up an LLC be the best option to protect my personal assets? Best option and pls lmk if there is better: single member, SCorp elect, C, pshp. I am married and HHI 150k.

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Hi i lost majority of my money in the stock market. I married and promised my family that I will not make the mistake I made 7 years ago. Gambling. Is this an addiction I have. I keep selling stocks and taking loses buying other stock hoping it will recover but never did and sell again taking loses and buy again. It now sink in to me. I borrow personal loan hoping that the market will do k and I pay it back but I even lost that. I can't stop crying that I hurt the one I love the most my family.

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Peter Schiff is a very angry old man. Imagine if he bought bitcoin when his friend Max Kaiser told him about it in 2011!? He would be been a legend!

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South End 1 Room for Rent in a 2bd/1ba brownstone; $1.3 K/mo; May Move-in (or June negotiable); DM if interested!

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When you are long options and positive, is there a % you always sell?

I scaled into SPY calls for September on the 18th and they are up about 130%. I always cut at 50% no matter what because I don’t want to be too greedy.

Nothing has spooked me into changing my mind on the trade or I’d be out, so the decision to cut winning positions is always an internal conflict of me just wanting to get it in the boat.

Any advice on how I work on this?

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Which stocks have you invested recently and why?

If you leave J2 and get another (new) J2, does the first J2 show up on new J2 background check? Assuming these are w2 roles. If so, how do you explain that? 🧐

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I’m moved under a person who I would not get along with at all and have clashes with in the past. I’m considering resigning with no job prospects at the moment. I have a healthy savings and low cost if living. Should I resign and dedicate 100% to job search or do the minimum while searching for a job?

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Everyone is getting rich from dumb plays and I lost all my savings 😩

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I need to make a quick decision- need to sign the lease today. I make about $5400/month net. I found a 1 bedroom in the city for 1800+200 for parking. All housing expenses considered, I’d be spending 43% of my monthly take home on living expenses. Is this dumb?

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Got my first job working retail! I'm so excited. I'm only 18 and I know it's not that much but I'm happy that I get to earn my very own money.

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Is it better buy a transport ETF right now as opposed to JETS? Trying to get in while they are low but worried about a further drop.

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Running the numbers, and even if you have med school debt still I think it could still make sense to invest in the market at these low levels. Could provide returns above your interest rate

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I have about 20k left in student loans growing at 3.75% interest and 70k saved/invested. Not a lot, but is it dumb to go ahead and pay off the loans?

What are good areas to invest in the Middle East (stocks, certificates, real estate etc.)? Open to hearing about both low-risk and high-risk asset classes. For people who invest in US / European markets, what platforms do you use?

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For those applicable - At what salary did you start paying $3k+ in rent?

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Hi nagarrians,

Urgent sincere info required.
What proofs need to be submitted for HRA amount to be deducted from taxable income?

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Hi Fishes,
I will be joining KPMG global services and first time coming under tax slab.
Can anyone please share monthly payslip as I wanted to plan my rent according to HRA?
Also please share the Annual basic so that I can calculate my HRA accordingly.
Attaching my compensation plan.
Pleaaaaassssse helppppppppp.

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Anyone ever transfer their 401k to a Traditional IRA instead of rolling it over to new employer’s 401k? Are there any reasons not to? Reason is larger selection of investment options/index/mutual funds.

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How's everyone's Saturday going? Any special plans for the weekend?

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Hi,

Looking for a job change.
Skill: Jaspersoft/ BI reporting
YOE: 6.3 years.

Kindly refer for suitable vacancy.

Thanks😇

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Hi Fishes, I am currently on Notice period, last 30 days NP left. I am having 9 YOE and working on reporting development using Qlikview ,Powerbi. Can anyone please help me to refer? Or let me know if there are any opportunities for me?

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Eid Mubarak! Wish you a blissful Eid with your family and loved ones!

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I’m relatively new to PMing, and have a manager who has his hands very full dealing with org-level changes. I’m unable to find solid ground because of these changes, and unable to get the support I need as a new PM because he’s so busy.

I’m not sure how to get to a place of confidence in my work - find support elsewhere? Apply to switch products to something less important but more stable? Share with my manager even though I’m dubious he’ll support me? Apply out?

Looking for any advice!

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If your getting pressured to submit something “asap/now/EOD” like how to do it without sacrificing quality. Like what a partner prefer me to say listen I’ll get it to you but it’s 70% there or let me work the rest of the night and it’ll be 85% lol I’m an associate that’s as much as I can give there’s there a perfect product.

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Got placed in Thoughtworks through campus placements but recently

Thoughtworks cancelled our internships and said our full time offers are intact. should I have to worry about my full time offer given the state of the company and recession

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Can creditors go after my US assets if I file for bankruptcy in a different country? Not sure if this is based on US law or that country's law (Spain)

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I interviewed for a job (3rd round). The next day i received call that they want to know what I’m thinking for comp and that I’m in the lead so far & still 1 candidate left to intvw. My chances good?

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Hello all, I’m currently an Associate Project Manager in the tech/product space. Here I’ve been gaining experience with agile/scrum methodologies as well as the entire SDLC.
Im looking to break into Product Management (
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For background, I am a recent business grad (dec 2021) and I do have previous internship experience in project management, tech, and some marketing.

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How long should it take to review and amend the seller’s disclosure letter? Is 6 hours too long? Bearing in mind it is being checked against the warranties in the purchase agreement and the info revealed via diligence.

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Been a tough week hunting for work. Show me your dogs to brighten my weekend.

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I have been on wipro for 1.5 years. At pharmacovigilance. Can anyone find the same post on iqvia? I want to apply. Can't get in touch. It is better if someone helps.
N. B. Many have joined, and got permanent wfh also. their posts are not updated on the website. So do not suggest the website. It is better to get the mail address of HR.

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Is it worth joining Kpmg india lighthouse ?
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Do you include the equity in your rental properties as part of your net worth? If so, what do you use to get the best estimate of the FMV of your properties? The estimates I see online can vary widely depending on the site if used so was curious if there is a good source others have used.

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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

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Hi! I have 200k cash and would like to start investing on rental properties with cash flow so I can quit my 9-5 job and spend more time with my 2 small kids. Which areas are great for cash flow and landlord friendly and any tips or things to watch out on investing in real estate?

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I’m planning to build out a set of wealth management tools and would love to get some feedback. When planning for retirement, how would you prioritize the following (and is there anything else you’d consider)
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I found a great great home near family perfect location to things, decent size, but is expensive. I don’t have $120k to just drop for the down payment (I want to have money left to furnish or just spend) my salary is under 6figs and even if it wasn’t I feel like it’s still not enough to rack up $60k within 1ish year. Does anyone have any side business or alternative income ideas to earn more money? I don’t wanna go an FHA loan for the 3.5% cause mortgage will be very high. Thoughts?

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