Mortgage vs. Investment Account Question:

We are in the process of buying a house and have the option to put anywhere between 0-20% down at 6.9%.

We also have a managed investment account that gained +17% in 2023, and had higher performance in 2021-2022.

Is this a no brainer put the 20% down payment into theinvestment account and take the 6.9% on the entire loan? The main risk would be a market downturn (the investment account and refi options would suffer), and was wondering if other risks

Company offers 200% match on the first 3% of 401k contributions, vested immediately. How is that relative to other firms?

Fav intl ETFs?

How do people increase their credit score? Mine’s only around 790/770 for transunion/equifax respectively and its been like that for a while now. I have 100% payment rate, only 3% credit utilization, and 0 hard inquiries for the past 6 months or so. So far I only have credit cards, no loans yet. Thanks in advanced!

Anyone been able to work from Dubai for a UK/US firm and benefit from no taxes? I know if you are a US citizen you pay taxes where you are globally, but if you are British, then you only pay income tax on UK income - so if you live more than half the year abroad you are classed as non-domicile resident, but wanted to hear if anyone’s done this or heard about it?

How does the pre-tax parking benefit work at kpmg? There isn't much detail on ssc or benefits connection but it seems like it is on the honor system vs a separate account like FSA?

I'm working on a Fintech startup related to commercial banking pricing. We would like to do some "expert interviews" with current RMs (we would compensate your time.) We want to better understand the friction points when it comes to price C&I or CRE loans. Please DM me if you are interested.

We are not looking for any private information, but more anecdotal evidence of issues that can be improved.

Is it possible to track your retirement (alight) account via mint?

Any suggestions for books to read about any guide for buying house in Canada or on real estate in Canada ?

Thanks

I am not able to upload my tax declaration details from the greyHR portal. It is showing an error message since morning. Is there anyone else who is facing the same issue

How do real estate lenders take cash flow into consideration? For example, typically I would probably only be approved for a $500k loan ($125k comp and $100k for down payment), but if I’m buying a multi-family home and planning to live in a unit and rent the others, will lenders approve a bigger loan?

Hi fellow fish need some advice.

I'm planning a wedding and wondering if I should apply for new credit cards to maximize on points. If so, wondering what your recommendations are and or if there are new cards out there I haven't heard of yet. For context I probably have another 20k+ in expenses to pay still and my current cards are:

CSP
Marriott Bonvoy Boundless
Citi double cash
Random card (used to be uber)

5 years post-MBA and all my classmates are VPs in industry or Principals in consulting/IB (some are even Partners/MDs already). I sat in the same classes with these folks for 2 years — probably outperformed some of them academically. Yet, here I am continuing to struggle with my student debt payments, hoping that “Uncle Joe” forgives 20% of it. I’ll never have that kind of earning potential because I didn’t come from the “right background” pre-MBA.

LCSW 50k loan repayment- Has anyone been granted a contract through the National Health Service Corps Loan Repayment Program? I’m interested in applying for the 2 years of full time work as an LCSW but my loans are a bit under 50k so I’m wondering if they would only give me what I need to clear my loans or would I still get 50k as long as I complete my contract ?

Looking to see how much other Provider Enrollment Specialist make including what their company's invests in their 401K

I have personal accounts (under my SSN) and a business account (under a C corp's EIN) at a major bank. I opened new checking and IOLTA accounts for my new law firm (under a new EIN), accessible online via a new userid.

Now the bank has tied my new law firm's accounts to the C corp's EIN and userid. The bank's phone support people say I need to wait until tomorrow to visit the branch. Until then, the C corp's owners, bookkeepers, and systems can access the law firm's IOLTA and general accounts.

Has any one went from reinsurance back to insurance? The money is great and all but the W/L balance isn’t. Has anyone else felt the same?

How much household income should be to buy $1M house? Also what is the approximate down payment? I know 20% is the ideal but how much do people typically pay.?

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

Does anyone know the plan between the Chase Marriott card and the AMEX SPG?

** Very Important **

Tax declaration last date is on 15th May 2022.

I would like to know do I have to submit the investment documents now ? Or later in the month of March 2023 ?

Please let me know. Thanks.

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.

Interested in Learning more about online teaching or tutoring roles, anyone have any insight or know of any openings?

Just found out my husband is being transferred to the Chicago area in about two months, I know finding a new job mid-school year will be tough but if anyone has any leads on a secondary opening please share!

I’m leaving the public school and I’m trying to find a job that would be good for the experience I have.

I tried out a career and I'm currently miserable in it and want to figure out how to use the degrees I have to find something I find fulfilling. I don't want to go back to school and start over with that process. If anyone has any advice on what websites or resources to explore to figure out what careers and jobs are comparable with my degrees or if anyone has any information or experience with this please hit me up. I have a degree in biology and teaching credential

For those who purchase grey market watches, is buying with the original box, papers, and warranty card a non- negotiable or more of a nice to have?

What's a piece of advice you love to give to your senior students who feel very uncertain about the future?

What would be the best overall consulting firm to work for as a Cybersecurity Consultant? Looking to advance my knowledge and earnings potential.

Looking for a sublet for the month of February. DM me if any leads!

Any EY PAS folks who can assist with a referral?

After nearly a year WFH and being with my family 24/7, I’m not entirely sure we actually like each other. Or maybe they don’t like me being at home. Or they don’t like me. Probably the latter 😞

Reading Untamed by Glennon Doyle and I want my own Abby!!! Sigh.....

Does anyone know of a good place online to look for UI/UX designers who specialize in Figma?

What’s everyone up to today?

How does one transition from litigation to transactional? Am in labor and employment lot. 4th year.

Any good drinks spots for a date night? Something with a frozen fruit drink or craft cocktails?

I need someone to keep me accountable for eating right, walking on treadmill and studying for cpa. I’ll do the same for u. Please dm if interested

What is the salary range for b2 in Wipro?

Looking to get an Alfa Romeo Giulia Ti sometime this year. Brand new the MSRP is about 45K and despite the reputation of the old Alfa Romeo’s from the 90’s these seem to be night and day more reliable. Would you recommend buying new, leasing new, or buying used? If I bought used it would be anywhere from 2019-2021

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?

Best ETF to invest in? I’m 24 looking to invest about $50k and don’t know where to put it. Nothing that’s super high cost or risky please

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?

What are your thoughts on buying a house now and refinancing later? (Hopefully when interest rates are lower)

Have about 5k to invest - should I do FXAIX or FSKAX?

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

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??

I racked up about $20k in credit card debt due to a confluence of things happening at once (move, school expenses , etc ). I have a fair amount of paper assets but not a much free cash. Assets are down a decent amount with the current market cycle and I’d prefer not to sell them to cover the debt , although they easily could. Any suggestions how to handle the credit card debt without racking up tons of ongoing card interest?

My dad stole my identity a couple
years back and tanked my credit score
- brought it down to like 400. I've
been working towards fixing it so that
my boyfriend and I can buy a house in
the next year or so. This morning, I
checked my score after not looking at
it for a while and I'm in the mid 600s!
Y'all don't know how happy I am
about this lol

Currently maxing out my 401k and HSA and investing about 1k/mo in ETFs. Also recently started buying I-bonds given inflation. What are other things I should be thinking about?

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

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

Newly minted consultant here looking for financial advice.

So I just moved to consulting after B school, and It's more money than I've made my entire life. After paying for rent and living expenses, I have 6000$ left over every month. My student loan payments are about 1200/month at 7% interest. I still owe another 95K on my loan. I have the option to pay more every month and reduce my overall interest paid.
Currently I put about 3000 towards my loan and 3000 towards my savings. Cont'd...

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

Why do 403b have such I fees? I almost want to stop contributing all together or just minimum 6% to meet the match. Possibly just rely on the pension but what if it’s underfunded when I retire?

I recently joined a company after being self employed. I’m on hubs’s health insurance. We have no kids. It’s United healthcare. The company offers United as health insurance. What’s the best way to compare plans? I have not been in this situation before so apologies in advance if this is a dumb question.

I have a LOT of credit card debt. It has just grown over time and I can’t find my way out. I’m considering debt consolidation, specifically a company called National Debt Relief which seems legit but I’m just so hesitant because I’m scared to make my situation worse. Or a personal loan to pay off all the CC debt and then have a smaller all in one payment. I’m intelligent and I work in finance, it’s so embarrassing. HELP.

Need advice. Have some credit card debt that I’ve been working to pay off. Have made progress but want to lower it quickly. We have dual income, with a house (~$300k in equity), 1 kid and 1 on the way. I’ve looked into debt consolidation via HELOC but also have ~$80k in vested equity in my company that I haven’t touched. Get equity refreshes every year. Would it be smarter to cash out $15k-$20k of that to pay debt vs. a HELOC at ~5% given that will still require mthly payments