Need some clarification on LTCG tax.

In FY upto 1 lac gain is tax free, sold some stock.
Investment in ELSS MF also ending, withdrawing this would be directly exempted for 1 lpa.
So, is the exempted amount will be inclusive of ELSS MF or not.

For example,
For stock long-term profit 80k, and ELSS profit 120k.
If bith withdraw in same year,
1. stock profit exempted fully ?
2. ELSS profit exempted upto 1lac and paying tax on remaining 20k.
3. At last, paying tax only on 20k profit?

I have significant equity in a property (300k+) and maybe another 200k across other properties. I have a decent amount of money in cash and already 200k or so in stocks. Would you consider pulling money through cash out refi and using it? I get nervous for stocks being so high. I have a few properties in pipeline already. How would you suggest using it (if at all).

Thoughts on the new Chase Freedom Flex?

Any advice in terms of investment to save the maximum tax?

Best money-tracking app out there? I've heard good things about mint???? 🤔💸🤔💸

What is the *prime* amount of money to bring you happiness?

Planning on opening a Bonvoy boundless chase cc for the 75,000 points and have heard the first year is free. Is that right? If it is, do I still get the 75k? Are the 75k Chase points or Bonvoy points?

This is an emotional dump rn. It may be lack of social interaction but I'm really frustrated lately. I feel like I lost last 2.5 years of my life with ongoing lockdowns and job instability in the first half of the pandemic. I was 28 turing 31. I get good dates but -ve self talk
Inflation is high & coming from a low income family where you're supposed to help your parents is driving me nuts. Although I make a good salary, after rent, car insurance, there isn't much left (unfav currency exchange)

Best resources to learn about stock options included with an offer? Don’t want these roses to start smelling bad in a few years..

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!

Is it worth saving money with 401K or get better rates in FD’s / Post Office etc in India ? FYI 50% match is provided by company for first 5% only

Been trying an abundance mindset. It's put me in debt.

Looking for suggestions on stocks to invest for beginners? Any suggestions on YouTube channels or articles/people to follow to read and stay updated on these things?

Do you think house prices in NJ will go down/up? Thinking of buying a house in 9-12 months and saving. What % is a good down payment? (First time home buyer here)

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.

My realtor looked at a unit for me, and shared the video w me. I’m interested. The unit is on MLS. Then he posted on his IG story seeking buyer. I’m kinda annoyed because now I may have competitions since he is my realtor OR should I be ok for him to do that since it’s equal playing field on MLS?

Is anyone playing around with leveraged coins on binance?

Looking for referrals at MBB/S&/OW/Kearney in their Dubai/Doha/Riyadh offices for my sister since she can’t join Fishbowl. She graduated from top Canadian uni (UofT/McGill/UBC), grew up in ME and has an impressive academic background and work experience. Happy to connect with her directly.

My life is a #goingconcern

Looking for a referral to apply for below
Risk Reporting Analyst
Job id : R-00178363

US Lawyers in London: how are you doing your taxes in US and UK to avoid double taxation? Do you use an accountant?

My org will be pausing the Employer match to 401k for a few months. What's the best strategy to optimize my investment at this time?
Ride along/increase or decrease my percentage?

I did not get my Salary for this month ie September when will it be credited??

Go-to outfit for client meetings?

Any F 🐠 in their 30s in DC interested in connecting?

Hello Fish Friends! Does a PhD count as project management experience?

Lol a client just emailed saying they want to sign a $1.5bn deal (we are sell side) not at some point before or by, but rather ON CHRISTMAS DAY.

What the hell is wrong with people?

Hey Fishes!
Would a Partner or Director mind wishing them a happy birthday even if you haven't had a converstaion with him/her and not under under her department!
P.S: Trying to Network!

Have below three offers. Please help me to choose right company.

PWC-10.5 LPA fixed pay (Excluding variable pay)
Intelizign -11 LPA (Including variable pay)

YOE - 3 YEARS
Tech - Mendix Low Code

How does leveling work for non-tech (non-swe) roles in Google?

Most information online are tech-specific, e.g., entry levels start at L3. Is it different for non-tech? E.g., fresh grads join at L1, 0-2y experience join at l2, etc.

Hi,
Can anyone tell me what kind of questions to expect in the 2nd round of interview with BCG Gamma for Predictive Analytics?

In the 1st round of interview, I was asked ML questions and basic Modelling approach on 2 cases.

Any cooking class recommendations? Would like to book for a group of people

Has anyone tried buying same day box office concert tickets at MSG? Is it cheaper?

Dow is looking strong for short term. Any views ??

We all know how inflation can derail our Retirement Planning dreams!!Though it's better to start investing as early as possible,but HEY, all is not lost even if you start little late. We all have our family responsibilities when we start our career, so "INVESTING FOR SELF" takes a back seat.
Just a perspective, even if someone at the age of 45 years starts investin for his retirement, he can decently manage the same with discipline and regular investing.
Happy to discuss with anyone on this!!

Nifty reaching ATH but portfolio still at low 🥲

Hello Fishes,

I am new to the investing world. I have invested some 80k in Nifty fifty index funds. I wanted to increase my investment in other MFs and stocks.

Can you advise how to start it considering short term and long term financial goals.

Short term goals - like for 2-3 years

Long term goals - like for 5-6+ years or more depending upon the performance

I have seen multiple you tube videos but seems to get confused on how to start and which funds to pick.

Thank you!

This bowl is for discussion , not for selling webinar or paid tips. One can share there experience which can help or guide others.

What stocks are you adding in this dip.

How much you made this month?

We all know- SIP of 50k/pm for 15 years at a CAGR of 12% p.a. grows to 2.52 Crs ( approx.). BUT

Do you know- If we delay it by just 2 years- the value falls to 1.88 Cr ( approx.) Difference is a WHOPPING 64 LACS, though the difference in Investment amount is only 12 lacs!!

THATS THE POWER OF COMPOUNDING!! AS THE SAYING GOES- THE BEST DAY TO START YOUR INVESTMENT WAS YESTERDAY!! Any view is appreciated!!