New grad advice - I'm 22 and have
27,000 CAD saved up. No student loans
or any debt. I want to use the $ for my
MBA 2-3 years from now. Please share
investment advice? First gen student and desperate to beat this inflation. Thanks so much :)

like
Posting as :
works at
You are currently posting as works at

For your timeframe, you should definitely not be in primarily stocks. Pick a short-term bond ETF or look into savings accounts.

like

Bet everything agains seattle game this week

We suck, only 2 miracles for us to win this game - cause one is too little

like

Hey I’m in the same boat here. I’ve been saving money for an MBA since 2019. I was able to grow my net worth from 8,400 in 01/2021 to 155,500 in 10/2021 with the following:
- Spend as little as possible to maximize money for investing. I do have an emergency fund that can cover 3 months worth of expenses
- Investing:
+ 80% of my money in low risk investments: S&P 500 ETF, bond ETF, TIPS - treasury inflation-protected securities, etc. I put a lot of money into VOO and VUG (large-cap stock ETFs). People may say that bond is safer but I’m comfortable with the amount of risk associated with stocks
+ 20% of my portfolio in risky bets: individual stocks (e.g., TSLA, UBER, ABNB, etc.), crypto (e.g., ETH, BTC, etc.), and leveraged ETFs (e.g., UPRO, TQQQ, SOXL, etc.)

likesmart

My growth in net worth of course included monthly contribution from salary. Sorry if that wasn't clear

like

Can’t believe people slacking on crypto. Thought the whole young crowd was already in…

like

Look at some managed funds/ETFs. Alternatively do some reading into stocks etc etc. There’s a wealth of information (pun intended) on the net. Recommend sources like Bloomberg etc

like

Echoing CA1, specific picks to look into that I personally like are VTI (total stock market index), VUG (Vanguard Growth index), and IVV (S&P 500 index).

Not recommending that you just go out and buy those, but those are three that I’m in that carry relatively little risk, and have grown pretty well. I would encourage you to do some Googlign on strong ETF’s/Indeces that will help you diversify risk away, since you want the money in a relatively short-term.

like

Use Kalshi

Throw it all into buttcoin

Related Posts

Is it true Deloitte is not sponsoring H1B visas? I have a friend considering joining as an SC after MBA. However, they are concerned that Deloitte is not sponsoring. Are these fears correct? How does this work from a recruiting perspective? They would be hired as an off-cycle campus hire via PPMD referral, not within the standard pool of campus hires. Thanks!

like

Average salary for a RN case manager with a CCM certification at insurance company? Please help don't want to low ball my self I'm at 81k right now but since I have a cert in this area what should I be asking?

likehelpful

“Boston leaped over San Fransisco to land in second place on the list of most expensive US rental markets” (source: Bloomberg)
This is insane, Boston is definitely not worth the rent we’re paying right now🙄 Are we headed towards a rental bubble here?

like

Out of curiosity, what happened to all the folks that panicked and cashed out their 401k in the middle of the pandemic?

like

Since Covid-19 who else has lost big accounts?

like

What do we think about getting an MBA as a corporate lawyer? Is it helpful? Pros? Cons? Thanks!

funnylike

Hey! I've always wanted to get into IB (prestige, money, you name it), however now that I'm in a more laid back environment (better WLB, "easier work") it doesn't seem as attractive as before and the pay is quite good for an analyst level (I think the pay is competitive even comparing with IB's pay in my country) . I wanted to know if anyone had the same experience and what were your thoughts (pursue an MBA and leave your comfort zone and "good pay" or just stick with it). TIA!

like

Hello, I’m current a Cyber Security Incident Responder but I’m a little unclear on what path to take in terms of certs/career path. What should I aim for? I current have a CompTia Security + cert and Splunk Enterprise Certified Admin. I’d also prefer the blue team or purple team.

like

Can someone help me, a junior ux
designer, with some referrals? Possible
companies: Samsung, Accenture,
American Express, Google? Or any others?
*certification from Grow with Google and
portfolio completed

like

Hi friends, recently I got 16 lpa offer. And I have 6.5years experience. In this 6.5 years experience I never did tax declaration. In my current company portal May 15 th is the last date to declare IT tax.

So my doubt is do I need to do tax declaration in my current company portal. If I do that means, whether want to know that will reflect in my new company salary?? What to do totally confused about this part...

like

Google Certification for Project Management or PMI? Any opinions or thoughts?

Looking to get more formal training in project management.

like

Does Bank of America do a Mega Back door 401K?

like

Bio: middle-back office experience, consulting paired with industry experience totaling +8yrs + MBA. Currently in big4 consulting/transformation role as an M3.

What is the base/TC comp band for a Sr Associate I should shoot for, NJ area?

Target firm: Credit, 25B AUM, less than 1k employees, flat Org.

like

3 years at a consulting firm or an MBA - which is the better education?

like

I’ve been searching for an HR Manager or Senior Generalist Position for months. I check all the boxes on experience and SHRM cert but no degree. I can’t get past the ATS. If I do get contacted the degree is the deal breaker. Any company referrals or recommendations? In San Antonio are a or remote would be most ideal.

like

Can anyone suggest skills or credible certification to do for joining as product manager in IT firms

like

Hi All,

Please help me with free study materials or links for completing SAP Analytics Cloud Certification.

like

I’m willing to pursue Executive or Part-time MBA, and I would like to know which employers sponsors for executive/PT MBA and how much % of total MBA cost do they sponsor ?

like

Currently a Wealth Advisor for Citi but I honestly hate it here with a passion it’s the worst company I’ve ever worked for in my life and I’ve been in Wealth Management in the banking channel for over a decade. Series 7, Series 63, Life, CFP, ChFC, and soon to have my MBA with a focus in Mergers & Acquisitions. I’m look to enter another area of Finance at this point instead of starting over somewhere else from scratch, but not sure what direction to go. Interested in Investment Banking or M&A.

More Posts

Oracle India Hi Team. Need some information. Can we get any update about BGV? Waiting from Last 15 Days for BGV Clearance and Offer Rollout.. To whom, I need to contact for update.. Oracle India Oracle

like

Can we start screening b school history along with job applications now 🥴

Post Photo
likefunny

Any openings on manual testing for 3+.
Kidney dm me

like

Is it possible to switch from data analytics to strategy? If so, what kind of strategy? I’m still thinking about career possibility. Thank you

like

I’m looking to carve out my career in HR. I have 2 years in a dedicated HR Coordinator role (essentially with Generalist duties) and 5+ years in senior level hospitality management. I’m interested in getting my PHR or getting a certificate in data analytics with business/HR focus. Thoughts on next steps?

like

10/28 Check In 🙌 TGIF! What’s everyone up to today?

likeuplifting

Hi,
I will be joining EY GDS Kol consulting on 5th Dec, however, I have a flight on 5th morning and will be landing by 11 a.m.. Just want to know if NHO will be on 5th only? If yes, will it be offline or online and what time does NHO begin?

like

Can someone share address for citi gurgaon office please??

like

Opinions on Mediacom as an agency overall and in terms of diversity?

like

Describe your body shape and how you feel about it?

I hope you're forever reaching towards the perfect love for who you are 💕

like

I interviewed for a product analytics DS role at Fb/Meta last week and haven't heard back since. Not sure if I event want to take up the role but nevertheless wondering if I am already rejected? Been about a week.

like

Middle East Consultants bowl has grown to be more active. Thank you for helping each other out, it’s so refreshing to see! Keep it up 👏

likehelpfulfunny

Is it a good idea to add your recruiter on LinkedIn after you start with the company?

like

Any advice for someone who is looking for his first job in the video game industry? I've just graduated in my higher education in interactive environments and don't get much responses to my job applications

like

Anyone here who switched from TCS ( who was working in Nielsen Account) to NielsenIQ.
Please let me know if anyone, I have few doubts and wants to connect.
Tata Consultancy Nielsen Accenture

like

Urgent need for a job change in Scrum Master role. I have 6 years of experience. Please refer me

How does one make the jump to client side? Any tips or advice? I tried recruiters but not getting responses unless they have another agency role..

like

What is your favorite library skills lesson or activity to welcome K-2 students back to school?

In Salesforce, if I apply for another job internally, will it alert my supervisor? I’m trying to figure out sequence.

like

Anybody have AD relationship in Vegas. Traveling over the weekend and would love to snag a Rolex OP Datejust?

funny

Additional Posts in Young Consultants

I have gotten all the “like options” except for the star. Can I please get some stars?

upliftinglikefunnysmarthelpful

Hello all! I was reached out by Publicis Sapient for their Technology Strategy Consulting team and by Capco. Does anyone know what's the work life balance/pay at both of these firms? I am currently at EY under tech consulting making 90K a year in NYC with 1.5 YOE Staff 2 but I do feel I am feeling a bit burnt out at EY. I was wondering if I should wait until I hit Senior then start recruiting with the Senior title or just start recruiting now. Thanks!

like

Target Test Prep or Manhattan Prep?

like

Hey guys,
I’m working at Management Solutions in my Rome since I have the desire to work abroad I sent my CV around the Europe.
Deloitte called me from Barcelona to schedule an interview with the HR.
The position is in the accounting sector of Deloitte DBS. They told me that the base salary (I’m an entry level) is 18k per year. In Rome I’m actually earning 28k+1k bonus.
Anyone knows why there’s such a great gap in salary? Tomorrow I’ll have the interview so any comments could be helpful. Thx

like

How many hours do you folks work a week? Are you burnt out or do you see yourself nearing burn out?

like

For any new joiners, do you feel like you have a support system at work? Feel like I don’t necessarily have those mentors or network that everyone talks about

like

Roommate(and close friend) and I got an opportunity to buy the condo we're renting. We'd talked about maybe buying it in a year or two and really love our place but we both graduated and started working in June/July.

Condo: 350k
Salaries: 90-100k for both of us
$1500/mo in rent each

Savings: $12k/$1k (covers 3.5% FHA)
Sister offered $8k loan for closing expenses

Debts:45k/25k After all expenses, debt payment, savings I usually have $1k/mo to spend - not sure on him

Can we do it?

New to fishbowl can you all spread me some likes

Post Photo
like

hey 🐠 looking for some likes so i can dm some people. thanks!

likeuplifting

I got a full time offer from the company I interned at this summer. However, I have been applying and interviewing at various consulting firms so far. Some of them I won’t hear back until September/October. Is it wrong to accept the offer and then reject it if I get a better offer? I don’t wanna burn a bridge with this company since I really enjoyed my experience there but I have to be smart with my decision since I graduate in December and need an earlier work start date.

like

How important is it to nab referrals to jobs that you are applying to? I know some people in tech that say it’s really important to land the first round, but is it the same in business? Also re: recruiter DMs/emails, do you have an advantage in the interview process if you are reached out to, or is it just something they do on a mass scale during hiring frenzies?

Currently thinking about exit opportunities, 1.5 YOE

like

I need help!!! Got an offer for Citi Private Bank at 110k for an Associate Banker (A1) position. Considering all the bulge brackets just announced 100k base for 1st year Analysts and that every year you go up 5k, that makes me feel like they are trying to lowball. I stupidly gave a salary range during the interview of 110-140k, cuz I was guessing, but I know JPM pays 130k base for the same role. How do I get myself to 130? First time negotiating, any advice appreciated!!!

likesmart

Can someone share the experience of working as a data scientist or consultant in france? How is the pay?

like

Do many people use their work phone as their personal as well? I’m concerned about giving access to my personal information although not sure if they’d actually monitor it closely / could save a good amount of money

like

Best standing desks to use at home?

like

Interview tips for getting a job at NextRoll? Any reviews about the company?

like

Anyone ever give themselves a gift for a promotion? I was just promoted and thought about getting something I wouldn’t otherwise get to celebrate. 24M for reference, I almost never spend money on anything besides rent, food, and going out on weekends.

like

hey guys! I have just been selected for a trainee position at EY in the Data&Analytics consulting area, I don't really know what to expect from the tasks and requirements. And yet my degree is in accounting, although I know the basics of It. Does anyone know a little about the area?

like

If anyone is looking for a referral to KPMG, dm me! (For any job/service offering) - I have a wide network of connections with people in CIO Advisory, audit, tax, Deal advisory (strategy/M&A), human capital, and finance transformation

Post Photo
like

What is Tata Consultancy Services reputation? I have an interview with them tomorrow but I’m really on the fence about it. I’ve heard mixed things and am looking for additional perspective. Thanks!

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal