Looking at getting out of consulting and buying a business using an sba loan. The business in interested in has been around for over 20 years.

Asking price is 800k
Gross revenue is 1.3M
Net profit is 260k

How difficult would it be to secure an SBA loan for the entire amount?

EY fish - any suggestions for options within our 401k if I want to pull out of FXAIX (S&P 500 Index) and cool my heels for a while? I like the idea of bonds or gold equivalent (or cash I guess) but not sure which option is best. Perhaps VIPIX?

9 years at the firm, 3 as a manager and I just broke $100k in the Northeast region. Maybe it's time to explore my options.

New to investment and have saved 50k from my job. Is putting them in ETF strategy till I learn more about investment?

How much money should I have if I get to Canada for job search through express entry PR?

There are advisors who present themselves as a financial planner first and investment manager second. Which one are you?

Can I afford a $1.5M primary residence with a ~$9,000 monthly payment after 20% down if my household monthly take home is ~$25,000 (with another $50k in annual bonus)? No debt other than monthly credit card bills. Am I being irresponsible? Will I struggle month to month?

If you could right now, would you buy a house in full cash or invest in the market?

I’m leaving my job soon but I’m wondering if I should be truthful when I hand in my letter of resignation. There’s a ton of reasons but it boils down to: I’m worth more than they can pay me and I need to pay off these student loans. What should I say?

Do my wife and I still qualify for the $500/child for 2 kids if we earn more than $200k in combined joint income? If I didn’t file for 2019 taxes yet, and one kid was born 2019, do we get 500 or 1000?

Hello folks,

How does everyone save tax
I'm aware about 80C, nps and home loan interest.

Anything else?

What’s the best credit card for points in the UK. I’m from the US and have the Chase Sapphire Reserve and the Marriott Amex

So after you max your investment accounts (401K, IRÁ, emergency savings. etc) what do you do next?

A little context: 24M, started in the pandemic, moved back home and paid off my student loans.

Do I move out? Can I start spending on myself? Am I missing anything from a saving perspective?

Apologies in advance if this comes off entitled/arrogant, really just looking for some advice and wanted to give as clear a picture as possible.

Will mods hurt the resale value of a car? I'm considering selling my daily and am debating on whether or not I should put the effort in to return it to stock.

Can anyone tell me where I can declare a home loan in the Payroll portal?

I am a little confused...

Do you pay your credit cards in full every month?

I ask because I’ve let my credit spending get a bit lax since moving and adopting a puppy recently, so I haven’t been paying them off in full every month like I used to (though still well above the minimum payment, and keeping utilization at 30% or under). It got me thinking about how many people adhere to this advice.

Dallas attorneys - where would you live if you were working downtown but your spouse worked in Fort Worth? Looking at Irving (Las Colinas) but not sure if the commute is unreasonable

Looking to buy Rolex OP. Thoughts on new vs used? Is the additional ~2k worth it for new?

Financially entering the most expensive season of my life 🤦🏾‍♂️. Making the most bread in the family is all fun and games till you get those christmas lists! Not to mention flights to see family. Do y'all feel like being successful in finance changes the expectations family members have for you, especially during the holiday season?

Has anyone here used infinite banking to fund their real estate investments? If so, could u share details about the policy design you got? Is there a way to tell how different insurance agents have different fees before engaging them in discussion?

Is 30k bump in pay worth the move from a large bank to a series D start up?

I have a few questions for people in consulting roles (both external/internal).

My partner is in corporate banking, but he wants to switch to a consulting/strategy-based role. I noticed people with those jobs typically have an MBA, and also majority of the job ads in similar roles has MBA as either a requirement or preferred qualification. So:

1) does MBA actually improve someone's chance in getting those roles?
2) are there any good Canadian MBA programs you'd recommend?

Thank you all!

Been 2 weeks since the final interview...and nothing has happened yet, not even a reference check. Is it a bad sign? Bay Area

Looking for a salary range for an Investment Professional at JP Morgan?

Hi everyone - We are thinking of changing our wedding photographer after unsatisfactory engagement photos and unsatisfactory communication (unresponsive after multiple attempts). We paid a $450 retainer which we know will be not refundable. However, we are not sure about other liability as we read our contract and found these 2 clauses (in comments). Please advise! Definitely not happy with her and would like to switch to another one but also want to make sure we make the right move. Thanks!

What is the difference in subscription to notified and subscription to approved mutual funds?

Hi all,

Can anyone share some insights on the Associate managing consultant role at Mastercard? I am curious to understand the culture, the projects and the salary as well.

I can't DM yet as I am new so please feel free to DM me.

I am currently a medical biller and coder that just graduated. I am currently in an entry level position because I am still studying to get certified. I will have a year's work of exp in July and will sign a contract for another year because my boss is training me in more I don't know.

I'm wondering what the pay is for someone in my position without certification. I live with family and want to afford to move out but I am single and only make $18/hr. Is that standard or am I being underpaid?

Hello fishes, Wipro hr is not responding to my calls and mails as i have received LOI march 27 and gave joining date on april 27 till now they didnt sent me offer letter. So, when can i expect the offer letter from them.

Note: didnt tried to contact them from 1week as some people said you would receive it soon

So can i expect the offer letter this week?

Anyone heard about neudesic!

How long should it typically take for a company/agency to send over an offer after they’ve asked you for your compensation details? I can’t tell if I’m being ghosted or they’re just getting their ducks in rows. 😅

What can I do if I believe I’m being overcharged for utilities. I was charged prorated around 125 for 11 days for water and electricity (this is my share in a four bedroom apartment). I think this is crazy expensive for utilities for 11 days. I did just move to Austin, is it normal for utilities to be this high ?

Currently looking for a position in Tampa, FL that focuses on culture and employee engagement. I have 1.5 years of HR experience under my belt with a law degree (concentrated in discrimination in the workplace) and I have a bachelor’s in psych. Anyone know of any roles available? Also considering generalist positions.

Has anyone ever said no to a federal clerkship and if so, why?

Im single and will be 30 very soon. I have an emergency fund and a good amount of money in the market. I love the idea of maximizing savings but I’m sick of roommates and will getting my own apartment in the summer. I am torn between saving as much as possible in a less expensive 1 BR and getting my dream apartment. It’s a difference of ~$400-600 per month. Help😩!

25 and a year into having a brokerage account. How does one build a strong portfolio? I’m currently doing well based on stock picks but understand that it’s really just luck based on this rollercoaster year. Holding for the LT

Hi all, I am trying to DCA bi-weekly into Vanguard ETFs, (VO, VTI etc). It seems like Fidelity does not support auto buying of non-Fidelity ETFs. So I was wondering which of these options you think is best?

1. Open a Vanguard Invest account
2. Look for Fidelity ETFs that are similar to Vanguard ETFs
3. Use smaller brokerages like SoFi l, Robinhood etc.

I really do not want to manage nor be active. My goal is to log-in like once every 6 months.

Thank you all.

Recommendations for best ways to save for retirement after contributing to 401k up to match and maxing out Roth IRA?

Hi everyone! I’m a young professional right out of college getting into investing and personal finance management. Trying to better understand and educate myself on personal finance and investment strategies. Can someone recommend some recourses (books, podcasts, experts to follow, etc.) where it’s clearly explained for beginners? Trying to make sense of 401Ks, Roth IRAs, emergency funds etc.
Like I’m looking for someone like Dave Ramsey but for investment and money management advice.

Newbie trying to get a better understanding: is it better to max the 401K or just hit company 401K match and max Roth IRA first?

Holy Cow .. jumping into the craze. Bought and sold NAKD in 30 minutes and made $10!! 🥳 wohooo

I work in sf and Nyc and have now saved enough where I’m wondering if it makes sense to buy rather than rent an apartment as an investment. Tricky part is I’m still quite young and this wouldn’t be my lifelong/family home. Have also considered buying in less metropolitan areas and renting them out for passive income. Curious if anyone’s gone through this process before and have thoughts ?

How would you allocate $200K today, knowing (1) this is in addition to your HYSA, investment, 401K.. (2) you have no immediate use (3) if we see a drop in real estate price in the next 1-2 yr timeframe, this could be part of your down payment for a house in HCOL

At what point would/do you plan to pay off your student loans in full? Say you have $30k in student loans. Would you wait until you have $30k in savings? Or $40k to have a $10k emergency savings buffer? And so on. This is assuming you make the monthly payments until you pay in full of course. I understand this will vary based on your financial strategy but would love to hear some insight on what you chose/will choose and why!

Do you use a tax preparer? How do you find a good one? Do they need to be local?

House flip question

Hey all newbie here. My husband and I are living that Double Income No Kid life wanting to (Financial Independence) Retire Early.

Both in tech in the Bay Area. I’m in Arizona visiting family and am thinking of an investment property. Does anyone have a book/course/video that they personally have used and recommend for flipping houses? I want to do some research there’s a lot of content out there.
Thanks a bunch!

Has anyone taken up the Personal Capital investment management service that they offer?

They say they will manage my 401k but to do that they will require my credentials that I use to log into fidelity. Is that normal? Has anyone here done that before? Any feedback or experiences of using them?

What stocks are you betting on for 2018?

Would you invest in individual stocks if you're invested in a fund that includes those stocks as well? Why or why not?

Thoughts on buying into Wells Fargo now, at their 52 week low basically.. Bank too big to fail of course and their imposed caps on grown expire in a year or 2 I believe with regards to how much $$$ they can lend out or take in...

Looking to put 10k into ibonds (maybe another 10k next year but not sure yet). Is treasury site easy enough to use? I initially stayed away because I heard it's awful but if set up is doable then I'll reconsider.

Also, should you have a separate emergency fund until you can withdraw your ibonds? Can't withdraw if you have an emergency in the next 12 months.

I was given a 15k, 0% loan to pay off my student loans upfront from a family member. Would it be better to invest this money and just pay back my family member monthly since the 4% rate on my loans would be less than (hopefully) the amount gained in the market?

Have 200k to invest in real estate. Which option is better recc. Pros/cons?
CONT: For options —>

What is the value of / case for hiring a wealth manager with management fees (say 1% of holdings) as opposed to investing directly in ETFs/index funds yourself (through any of the brokers like Fidelity, Vanguard, etc.)?