I've seen comments here and there claiming investing in the stock market is essentially akin to gambling. Do you think there's any truth to this? How would you illustrate the difference between the two?

Can I ask at what age people are typically buying their homes here in LA? Wondering at what age people are able to take the plunge.

I stopped contributing to my 401K for the last three months in order to pay off credit card debt. I am 28 and have about 68K in my 401K. Was this a smart decision? I want to get out of debt as quickly as possible and I have no student loans or car debt.

Abe gift aya kya EY se 1 billion revenue wala

Anyone else catch Tesla today? After months of no trading and waiting for the right time I had 10 700c I bought Friday at $695 a piece and exited at 4K a piece for a profit of 33K. Time to stay composed and wait for the next high conviction setup

I have mostly passive investments. I was thinking the other day: what if everyone had only passive investments? Wouldn’t this create incredibly high amount of systemic risk? Are we all sheep??

Haha Merrill just reduced the pc payout grid by 3% for advisor below $2m in production

Who is getting into NFT? Friends recently just printing money like the fed on this. Willing to risk a few thousand. You all ?

Personal finance book recommendations?

What is your favorite part about being a realtor?

Is it worth it to buy a multi-family home to rent out?

Sorry, haven't been active here. What are we buying these days?

Any investors in the woodlands Texas for single family homes, rent looks good as per Zillow , good school district and houses are still affordable compared to Dallas and Austin

Has anyone here ever gifted a stock? Do you know the process? (Especially on Robinhood or Fidelity)

Best options (companies that provide) term life insurance outside of work? Please advise - looking to get this done this week for wife and I

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.

Hey, i am looking to invest 25-40k where i can easily make 7-12% of return. I am looking for things like rd which have very low risk appetite. I will be using this collected amount to invest in stock market when stocks are made available at very cheap prices...

I am 29F and earning 13LPA. I have been working for 4 years of which 3.5 years I had very low pay and close to 0 savings. I have been able to save 6L now.

My investments below:
* Elss funds - 2 (total 1.5L annually)
* Large cap mutual funds - 6 (total 40K sip per month) current portfolio of 4L
* FDs - 2 of 25K each
*Medical insurance - company provided

Can someone advice if this is a good investment plan for future? What can I do better? Do I need another Insurance? Where else to invest?

BakerTilly people, what application do you use to prepare your financial statements? Do you use word/excel?

Hey Folks ,

Can you help me understand the PF deductions in Coforge CTC, Is it just the employers contribution ? And employees share will be deducted from Gross Monthly Salary?
Also about LTA , Can i opt out of it and get it as taxable amount?

Thanks in Advance 🙂

I have 4 years of experience. Ihave a job offer from cisco as Grade 6 software engineer with 17.8 lpa fixed, 1.34 lpa variable and 3 lakhs JB. I have another offer from publisis sapient with 21.5 lpa fixed and 1 lakh JB. Which offer should i take?

Any manager present here ??
My current CTC is 8.5 lpa , YOE - 5.5 and i hve an offer of 18lpa
Thing is I want to get retained by Wipro, can Wipro retain me with 13 or 14 lpa ??
I want to know from manager perspective how they retain someone

Thoughts on switching between healthcare provider consulting and life science/pharma consultant

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”?

Feel free to ask any personal finance related questions here, from equity investment to CC offers. There’s nothing called silly questions, we have some excellent peers in the group to answer it.

Hi guys, one of my friends bought a house recently in NY and I am looking to send him a gift for his new home. What could be some of the gift options? Can anyone share some ideas?

Anyone around Columbus area want to hangout?

Can I ask SPG ambassador to help on my Marriott reservations?

Booked UA biz, PHI-ORD. Delayed and re-routed PHI-IAD-ORD in economy (but still on original ticket). Will PQMs be based on the actual/longer routing at 200% fare class bonus?

Just downloaded an App called MenoLife. It’s free (so far) and is filled with articles, recipes, trackers, etc. they also have products which I may look into. Anyone else try this brand?

Best agency in NYC for strategists?

Starting at PwC next year... newly married (Husband) with a kid on the way. How's life going to be with a newborn as a new associate? I'm older (30) and went back to school for my CPA if that matters.

Important question! Any strategies for getting out of work zoom happy hours? Other than ignoring requests and not showing up, which has been my MO so far. But it’s getting a bit awkward.

Is it just me or is strength training the hip new workout for weight loss? Before this people recommended HIIT and before that it was cardio. What makes us so sure that this time strength training really is gonna be the key and it’s not just another trend?

If I max out my 401k before the end of the year, I am still eligible for employer matching?

30 July was special.
Salary credited. Tax debited.
Both were equal.
Ab pura August daal-chawal khaake!

a few weeks ago we had a super busy day with scripts and i think i went into ‘autopilot’ because i don’t remember it happening, but i handed out the wrong prescription to someone (before you get mad, i only started a few weeks ago and i’m a junior assistant), out of all people i could’ve given the wrong medication to, it was a blind person. i have severe anxiety already and want to know some tactics to go back to work without guilt? i take guilt very heavy and struggle to get past it all

Keen to buy first home in Dubai but skeptical given the uncertainty around the global economy albeit high oil prices which is a positive for the region. What are people thinking? Anyone here from middle east?

Seeking feedback on GAP insurance. I had a family member who purchased a car in June or July. They were in an accident last week and it sounds like the car will be declared a total loss. Never dealt with this before, so wanted to ask if anyone has ever had an instance where the insurance didn't cover the outstanding balance of the loan and the insured then owed money? Car was $35k, $7k down, finance $28k. Gap insurance is through lender, not auto insurer.

accountant said he needs my IRS pin to e-file. Can anyone confirm this is legit?

What’s up with people talking about withdrawing from retirement due to CARES Act and investing elsewhere?

Have an acquaintance who is a single mom; she purchased a used car 3 mos ago. Six wks later her 17yo wrecked it, air bags deployed, and estimates have ranged between $10-$18k in needed repairs while $21k is still owed. Acquaintance was switching insurance policies and flubbed the coverage dates and there were a few days where the vehicle was uninsured. No GAP insurance. I'm not seeing many options for her besides to continue pmts, fixing just enough to drive or voluntary repo. Thoughts?

Paid off my account debt!

Debating between a few travel cards and need some opinions. Debating between Capital One Venture, Venture X and Amex Green card.

Live in a non major city with an international airport, but need to be flexible to different airlines. Which of those cards, or other cards out there, would be best

I NEED HELP WITH CREDIT SCORE issues: Two months ago my credit score went down by 30 to 40 points due to dad missing credit card payment by a day (i got added to as authorized user on his credit card for me to build credit but now I’m filled with regret). I was devastated by it. This past month I have been making more payments and paid off my aug statement in full thinking it will boost my credit score. But I don’t know why it went down another 10 points. More below:

My boyfriend and I make 200K combined and live in NJ. We have $1000 in monthly car payments combined. That’s all we owe. Our credit scores are in the 800s. We have 50K to put down on a home. We have done the math and I know we can afford much more but he doesn’t want to buy more than a 400K home. I’m almost positive we can afford 500K and be more than ok. But then he starts to talk about how much kids cost and how we will be house poor and we won’t be able to afford kids. 🤔 Am I insane??

Under contract for nearly 1.1M. Wife and I are at HHI $315k. Will go up in the future, $400k in 3 years and $500k possible in 5-7 years. We have $300k in non-retirement funds, $260k of which will go towards acquiring the house. We have 2 kids and will probably reduce (not maxing) retirement accounts next 18 months to do this. Anyone have any thoughts or feedback? We’ll have to live on a budget and watch but I feel we’ll get used to it and income will grow.

Invest in roth 401k or traditional 401k and save the difference for a house downpayment?

Anyone here have any information on where to invest your money apart from the firm's 401k match? New to investing and wanted to know where do other people invest since most of them wouldn't be investing in stocks directly.

What’s a good baseline amount to keep in a checking account? I generally keep mine pretty low <1000 after paying CCs then dump the rest in savings. As I’m building a rainy day fund and then I will start contributing my brokerage account.

For reference <1 year experience at $4500/month (after taxes and 401k contribution)

I make 135k gross/year & am looking at apartments in a tier 2 city. 2k for a 1 bedroom or 3k for a 2 bedroom? I’ll be working from home and living by myself & a pup. The hesitancy is 3k is basically one of my paychecks after taxes. I live frugally otherwise with the exception of eating at a nice restaurant once a week. Is a two bedroom worth it?

In your opinion which is the best target fund to choose in IRA Roth?

For those of you that currently pay 30% of gross income towards rent, do you still have money to save? I’m moving to NYC and am used to paying only 15%. Pay is now 125k base so I’m looking for apartments around 2800-3k

24 yr old, 110k TC, maxing out Roth IRA and Roth 401k, no debt or large expenses. Also have ~35k sitting in a bank account. What should I do with that money?? Am I better just sitting on it for a while then watching it shrivel up in my brokerage account?

I spent the last 3 months "growing up" & now I'm ready to go. 1st thing is for me to get my own place. I'd like to buy instead of rent because I don't want to pay someone else's mortgage.

I'm thinking of selling my car & cash out some of my 401k to buy a house. My thought is to put down 3.5% for a FHA loan then make a big payment towards the principal to reduce long-term interest.

Anything wrong with this thinking or anything else I should consider?

How to choose which financial advisor to work with.
I have no financial experience and an advisor reached out from equitable.

What's a good percentage (they're offering 2% as a fee)