Please recommend online resources/books to help understand the basics of investment and personal finance for a newbie. Based out of Canada, if applicable. Thank you!

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Don’t know about books - open T F Sa. All investment gains will be taxfree. Max your RRSP. Other than that, if you work a job nothing really you can do to maximize your after tax income and exude retirement. If you open an LLC & work as a contractor/independent consultant,you can save a lot in taxes

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Little Book of Common Sense Investing - John Bogle. That should tell you everything you need to passively invest.

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The book called I will teach you to be rich by Ramit Sethi

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Hey Folks ,

Can you help me understand the PF deductions in Coforge CTC, Is it just the employers contribution ? And employees share will be deducted from Gross Monthly Salary?
Also about LTA , Can i opt out of it and get it as taxable amount?

Thanks in Advance 🙂

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Anyone have any good book recommendations around building passive income sources/building wealth?

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what you buying?

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What funds do people have in their 401k plans? And how did y’all decide allocation? Can’t tell if I should be more aggressive given I’m in my 20s.

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Hi Fishes

Joined My new company this Jan. My previous income was not eligible for tax slabs. Now while adding the income from Apr 21-Mar 2022 it's become 5.9 LPA. I don't have any investments and in my new company I declared the same. The only tax exemption I have is PF contribution and professional tax. I have only 25K PF contribution and 2.5K professional tax. So while calculating the tax I am getting 15K as tax payable. How can I avoid this 15k. Kindly pour your suggestions. TIA.

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Hi fishes, could any one help me on how to withdraw of money and how much can be withdrawn ?

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Does anyone mind sharing how they are saving for the future? Or just securing yourself? I have stocks/bounds, 401k, regular (1) savings/ (2) checking, about to open a self found Roth IRA. But, what else am missing? Should I do a health found? I’m also starting a bit later at 34, so I feel like I have a lot of catching up to do. Any advice?

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