My mother is going to get retired from her government job next week and will recieve her one time payout of close to 90 lakhs by the end of the month
The amount is non taxable but any profit earned from the amount will be taxable. Where should the amount be invested?(next 8-10 year horizon)
1. Buying a 3 bhk flat for around 95 lakhs in Sec 31 Gurgaon.
2. Put all the money in FD and live off of interest.
3. She is not very ecstatic about investing in stocks.
4. Gold?

Does anyone know if the 10% penalty and if taxes are waived on a death of a beneficiary? A friend of mine’s 17 year old pass away. I was wondering due to the circumstance, is there any way he can get around paying extra money by doing a 1035 exchange, rollover, withdrawal. Anything out there? Suggestion are welcome.

Okay finance lawyers. I don't understand this issue. Client says books show we're highly profitable but we have no way to pay our tax liability.... Well where the hell did tbe money go ? Client also claims that they are only taking a small portion of the revenue as profit. I don't understand how your books can be different than reality.

Use savings to (partially) pay for business school or invest and fully cover via loans?

What are the best platforms for investing in startups as a non-accredited investor? (E.g., pursuant to the JOBS Act and CF regulation)

Hi Fishes,
Had a very serious query. In my current organization I was not under taxable bracket by any means so I didn't submit any investment declarations or anything. But I'll start a new job in 2 weeks where I'll be under taxable bracket. So will I get a chance to submit my investment declarations in the new company for tds calculations in the middle of the year ? I'm new to everything so would appreciate your help. TIA :)

My husband and I are just starting our TTC journey starting with Letrozole and timed intercourse. I’m planning my 30th birthday trip to Italy in June. Is it too risky to travel if pregnant during the first trimester (in case I do end up pregnant before June)?

Anyone here counsel for a parent company with a lot of subsidiaries but the parent company’s legal department is really really small? I’m wondering if a small legal department for a large company is more of a pro or con? On one hand I suspect it’s less organized, on the other it might be a great leadership opportunity. Any insight? Thanks!

Biglaw single parents? I’m a recently single parent. My ex is (almost) completely out of the picture now. Any other biglaw single parents with tips or tricks to making this work on my own?

I am an unmarried working man in his 30s with a southern mother. In other words I'm flying home for Christmas and my mother just called to tell me that she just happened to accidentally run into the sweetest girl from her church that she just knows I'll get along with and accidentally invited her to our house for dinner the night that I get home. Deadass the woman will not rest until I am tied down. Pray for me!

Do you invest in commodities?

Have you received the salary today? Got the mail now but no credit yet in account 😕

Hi guys! Looking to learn about real estate investing! I am a senior in college graduating with a degree in finance so I understand certain aspects, but am looking to learn more on my own about real estate specifically!

What books would you recommend I read?

Solana 😭😭😭

I don't own any and it hurts.

Curious in seeing what people's avg cost basis is in this, when you purchased, and why?

Hey everyone. I found out we are expecting our first child and I’m really nervous. I got into consulting one year ago and I’m up for promotion this year. With timing of our performance conversations I would have to inform I’m pregnant before outcomes - then shortly after the promotion effective date I would go on a leave for due date. I’ve worked really hard and I’m worried our wonderful news will throw chances with this :(- also if I don’t get promoted pretty sure it’s up or out. Any advice?

Hi Sharks
I am 25 years old with in hand salary of 1L(just from last month) and i want to buy a term insurance plan. My questions are:
1. Is it wise to take 2 plans of term insurance one with return of 60 years and another without return of 80 years of each 1cr.
2. Is it wise to include health riders in insurance plan to claim for 80d or just chose health insu
3. How much one can ideally shell out for insurance per month (both term and health) for self in terms of percentage of monthly income.

Don’t mix Investment and Insurance.
Buy term insurance in your early age.
Invest mix mode equity and debt .
Ping me for invest and insurance help.
Also get discount price for insurance

Any realtor recs? Looking to buy in Seattle

What do most people invest in for their Roth IRA portfolio? I’ve heard target funds and ETF’s..which one is better?

What is the firm policy for paid parental leave at D? Read it is 16 weeks. Any eligibility criteria ? What’s the catch?

Sparkling Wine or Champagne around $30 that’s really good? Need it as return gift to all guests for our baby shower.

Retrieval done, 26 eggs later! :) Good luck to all of you with retrievals coming up or are somewhere in the process! Fingers crossed for strong embryos!

I need friends 🥺

Anyone have a contrarian opinion on a trend / investment theme going on in the private investing world, particularly tech investing? Feels like everything is painted in the “huge growing market with tons of white space” lens.

Is it wrong that I’m just not into PE/VC? It seems to be the most desirable exit for most people that I work with. The work seems like it’s not a good fit for me but it feels crazy to pass up trying to get that amount of money when there really isn’t a realistic alternative to that amount of wealth (and I do want that amount of wealth).

How do you handle the next day after being up until 4am the night before on a deal? My other deal teams don’t know I was up so late, but obviously I’m going to be much slower in the morning. It sounds whiny to say “sorry for the delay I was up all night” when everyone else is also so busy...

What is the actual transaction work like at a growth equity firm like Norwest, TCV, Capital G, etc. I’m interested in learning more about minority investments in the $10-$100m range. What is the diligence like, timeline, etc basically, I am curious if this is something only bankers can do/have experience with

Anyone have examples of companies started by ex-VC investors (Associate-VP level)

Sales and Trading vs PE? What is comp, WLB and career trajectory like. Doing my MBA now and likely going into consulting, but not sure. Might plan to exit to PE but if S&T offers decent hours and similar pay, may just skip the whole consulting to PE business.

Hi guys,

Can someone please refer me in Bny, already on notice. Experienced in fx reconciliations and ops control reporting, also have good experience with SQL and VBA.

Can someone please help me with investment banking hierarchy grade in BNY. what those grades are position wise.

Any insights on bonus & hike ? By considering recession/inflation.

Is it possible to move from a copywriter job to medical writing?

New to investing and have 60k I want to buy index funds/ETFs with, should I invest like 5-10k a month or all at once? For context, I have emergency fund already established and contributed to Roth IRA

Qualified Dividends: I’m expecting $650-$750 qualified dividend in 2021. Salary and base about $250 total. Questions: what tax rate will the qualified dividend be taxed at? The 15% or 20%? Also, since it’s technically a long term gain, do I have to pay an state and local on the income? Been reading for a bit and I can’t seem to find a clear answer. Thanks fishies!

Deloitte 🐠 - did anyone get selected in the H1B lottery this year? I have only heard of rejections so far sent from BAL

Hello Fishes,

I have passed the TR and MR rounds at Cognizant. HR is saying they will schedule today but are not sending invites; this has been going on for a week; what does this mean?

Just secured a legit ft new grad tech role starting in july not big tech. Should I keep applying all these highly leveraged companies are rescinding offers so im worried about mine even though its a stable company.

Hi Fishes,

Can you please confirm how long does the joining offer ( provided by PWC ) remain active in workday portal?

Not able to clear Independence Training for new joiners can anyone help how I can clear this?

Looking for names of some effective financial/investment planners. Any suggestions? Plz give only the ones u hv worked with or experienced!

From where do we get Form 26AS?

Markets in red🔻 Good day to invest?
Current portfolio down by 7%
What is the ideal number of funds to invest in if monthly budget for SIP is 40K?

Hi fishes,
Currently I am invested in two mutual funds:
UTI nifty index
Parag parikh flexi

Which other MFs are worth investing?

KEC International looks good to buy around 350 levels

Has anybody invested on affordable housing in Gurgaon, India? Or got any insight for a first time investor.

How many of you are involved in share trading/Derivatives Trading apart from your current job? And how are you managing it? What return are you generating?

Any good mf with less tracking error to invest in us equity.

hello, in elss is mirrae tax saver good or quant tax plan?

How do I invest in Secure Gold Bonds? Any reliable procedural steps or blogs or videos available?

I'm 21, trying to build wealth. I need your help!

In the next 5 years, I plan on buying a house but there are so many investment options, I don't know what to choose.

I can invest upto 30,000 a month, please suggest!

The current state of market has me confused. I need an AR of 10-15% with Medium-High to Very High Risk profile.

Thanks!

Hi Fishes,

I want to know tax saving options as I am new to it so please let me know in what all options I can invest and save more money. Please help.

Salary : 14 lpa

Anybody having experience good/bad about investing through Wint Wealth? Seems like a good way to diversify the liquid portion of the portfolio......if I am greedy this looks better than those liquid funds and a 100% safer than those too.
Also what independence disclosures will apply after the NSDL being made mandatory brokerage account....for Wint Wealth related investments

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?

My ctc shows 10lpa + 20lac esops. But I'm not sure if I'll get this 20lac stocks for free or do i need to buy them by paying? Distribution is 4lac per year for 4 years. Pls explain.

Hi fishes, need urgent advice. How is the HDFC Index Sensex Plan? I have invested 75K but it's in loss as all others. Should I continue to average it out or stop investing in it? The loss is higher in this compared to other funds.

Hi All. What is the best way to allocate 25 Lakh INR in savings into different investments to maximize returns. I recently moved out of India so Tax rebate is not a consideration for me. I already have 6 lakh plus invested in PF and MFs but I want to invest more as my money is getting depreciated in the savings bank account.

I also have an education loan with balance of 7 lakhs which I am planning to repay in lumpsum as there is no tax exemption now.

Is anyone investing in liquid funds? How do they benefit and what are their returns?
Recommendations are welcome.

How to invest in Direct Growth Funds? I've created a CAN ID using MF Utilities. It asks me to login and proceed but I don't have my login ID generated. Should I wait for more time as my CAN ID was approved only yesterday?