Personal finance book recommendations?

Is bank interest riba?

I have been researching into this these days and there is literature that shares how lending worked in pre-Islamic Arabia. When the time to pay back a loan came, the lender would ask "would you pay or will you increase?" And that increase was usually doubling the loan. Subsequently ever year the loan wasn't paid it was doubled from the previous year.

Where should I invest money ?
Apart from shares and mutual funds.

Note: max amt - 20 lakhs
Need good return
Blocking period can be of 5-7 years..

What are the best ways to increase my assets and decrease my liabilities? Specifically for the age range: 21–30, paying down my student debt, need to pick my next investment targets

Is it smart to get multiple credit cards as a traveling consultant?

Big IPOs dropping this week (Airbnb, Door Dash, C3.ai). Is anyone excited to buy?

Any book recommendations on handling office politics?

Hi everyone, applied for an investment consulting internship few weeks back.
It's a client facing job, but it might come at a later stage of a job, maybe after finishing my internship and getting a job offer.
I'm interested to know what is the must develop skills, must take courses or must read books to get insight, develop the required knowledge and skills for the position. I majored in business management finance and currently preparing for CFA level 1. Thanks in advance ☺️

Any twin toddler parents? I have twins (2 years old) and i am unable to figure how i would get them into college. With the current tuition costs and living expenses of attending college, i feel i can either buy a house or get them education. Any advice on how to plan savings?

Anyone know when Ch. 7 BKs must close by? Is this changed by when there are adversary proceedings (alleged fraudulent transfers made to a bank for CC payments)? Asking for my friend who is unfortunately involved bc of his parents, who are the debtors (he isn’t a defendant or a debtor in this, but the payments were made to a CC in his name—a CC he didnt know was opened in his name).

Its in Texas, and the initial BK filing was made about 23 months ago. TIA!

38 and net worth only 750 k€. Am I behind?

Trying to find an investment property to rent out for about $300k - what are your recs for location ?

Parents- do you have UTMA/UGMA accounts for your children? Pros/cons over 529?

Hi folks,
What do you show as investment proof if investment is to be done at a future date? I have a life insurance whose premium is due in March. What can I submit now as proof for this declaration?

Anyone know of a good cross-border US/UK financial fiduciary?

How do you all plan for retirement while in the Middle East (especially for European folks)? Did you sign up for your home country retirement plan while abroad ? (My home country offers it but at a very high cost)

Rental car third party liability insurance: My credit card covers car insurance, but not third party liability insurance, so I generally get that from the car rental company at about $20 a day. Is there a cheaper way to do it? Recommendations?

So wanna run something by you all. Looking at insurance plans. There are 4 plans that allow an HSA. 3 of the 4 are identical.
500 firm contribution to HSA = ~21/ pay period. Add that to lowest HSA premium plan. It still comes out lower than the out 3 plans. So what am I missing?

I made a mistake starting SIP in a ULIP. Used to invest 7500 per month starting from November 2018. I have discontinued my premium payments since last year. That is when my fund was moved to an interim surrender state and now it earns 4% per annum interest.

After 5 years of lock-in that is November 2023, can i withdraw the entire amount at a time? (Of course after paying surrender charges)

Any recommendations for a book/podcast/self study materials for a new finance attorney? I have no background in finance and was assigned to a finance group. Help me!!

How Much Increment can one expect when getting promoted from ITA to Assistant Consultant in TCS ?
Also how many years do we need to stay in ITA role to be eligible for Assistant Consultant Position ?

Transferring IRA from Vanguard to Fidelity - do I have to liquidate my holdings?

Anyone in Portland down to chat? I have a small creative portfolio and a couple years of management experience. Been looking for PM roles (but am open to anything).

Can someone tell me what is GME doing? Is the endgame really a thing? Sorry, I know a lot of people don’t want to hear about it anymore.

Thanks to the robots, there’s just not a lot left to do.

So why do we still have to spend all our waking time playing office?

Best big4 culture for TP in NYC office?

I am looking to start my own supply chain management company. I have some friends from my previous company who said they would like to join my company instead, and I know I have to rent/buy some trucks. What other supplies/roles should I look to start filling? Also what legal documents should I prepare?

I am looking for a Product Manager role.
Having 8 years of work experience in supply chain operations and product data management.
MBA from IIM Indore and currently working at Infosys Consulting.
If you have any opportunity then please let me know and I will share the CV and other details.
Thanks,
Prasanna
9981445227

I was in acting lead role since 2019. Got my papers in 2021 aug. I have been in the same.projdct since 2016. I am planning to switch. Do you think this is the right time to do so?

Which is the best MBA school in India for experienced folks?

Are you doing what you thought you would be when you took out your student loans? If so, do you feel like taking out your loans was worth it?

Are most people in this group in a satellite office for larger agencies or in SF based shops?

I got used to Big Law money and lifestyle, but to be honest, does anyone actually love living in New York anymore? It's really starting to lose appeal for me

What’s it like living in Kips Bay?

...when does the fun start? Currently doing recruiting and school 24/7 and a 2 hour Happy Hour catch-up with a classmate outside in the freezing cold means I will sleep 4 hours tonight instead of 6 hours because of the crushing amount of work to do.

Has anyone had an MBA sponsored by the firm? If so, would you be open to connecting to discuss the process?

Any suggestions for joint investment account with a significant other?

401k Roth or traditional 401k?

260K base HHI and no debt. What is the max you would spend on housing? Take home is $11,000 after maxing out all tax-advantaged accounts. I was thinking $4000 a month, but not sure if it is too aggressive.

How are you all going about continuing to buy index funds while everything is literally green and I see people doubling their investment in such a short amount of time. Feel as I am missing so much money that could’ve been made. But VOO goes up 1% :///

Do you count your car as part of your NW on Mint/other trackers?

Anyone here from NYC? Be cool if there was a meetup.

Still using Ally Bank savings account, but the APY had dropped to .60%. Time to move. Any recs on personal savings account? This is my emergency “savings”

What is your socioeconomic background and how much NW do you consider “enough” to be able to live comfortably?

Saving for a house down payment in the next 20-24 months. Where should I put my savings. Just in a savings account right now. Was thinking about ibonds, but is my timeframe too short?

Thoughts on taking out $60K from my retirement account under the CARES provision (no 10% penalty) to pay off my house? My current interest rate 5.25%

Advice and tips for a first time rental property investor?

I am 24 saving up for my first property to purchase at the end of 2021 / early 2022 in the Long Island, NY area.

I’d like to save up around $50K in my HYSA for a property <$400K in LI. Does this sound reasonable?

Does anyone have any advice on investing in the LI area (best location, SFH v MFH) or just general first time rental property buying advice?

Thanks all

Anyone have fee based fiduciary financial advisors they’d recommend? TIA!

Is this portfolio allocation pretty standard for index funds? What am I missing or not considering?

VUG Large Cap Growth - 20%
VOT Mid Cap Growth - 15%
VBK Small Cap Growth - 15%
VTI Total US - 25%
VXUS Total International - 25%

Potentially dumb question here: I am starting law school soon and will not be employed (net income of $0 assuming I don’t get a good summer internship next summer). Does it make sense for me to sell my personal investments next year (assuming my income will still be zero) so I’m paying a 0% capital gains tax rate? I’d just rebuy all of the same stocks immediately… am I missing something?

I finally at a place where I could buy groceries without checking the prices. In the past I wouldn't buy something I so desired if it's a bit pricy.

Anyone know of a good cross-border US/UK financial fiduciary?

Anyone here read “Die with Zero”? What are your thoughts on the principles from the book?

Landed a contract role at Deloitte via MBO Partners for an audit senior role. MBO is making me a W-2 employee for MBO, but I am getting paid $125/hour plus overtime. Am I missing something here or am I about to be making $5K/week (or more with OT)? Anyone have any experience with MBO or doing contract work like this? Obviously way more than I'd make if I stayed at KPMG for busy season.