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My post is for a lot of folks here who complain about managers not budging to negotiations and not offering package ,what you are expecting.I have one thing to say,there are lot of ibm employees who moved to kyndryl. Inspite of lot of contributions they are earning meagre salary.Now do you expect these people to hire you for more package most of time the package you are demanding is more than what these managers draw. So pls do not look at kyndryl as any other startup.Thanks.
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The intelligent investor is not a book for beginners. Better look at reddit.com/r/personalfinance wiki
The intelligent investor
What a lot of these books will boil down to: in the long run, it's hard to beat simply investing in the S&P 500. And when choosing individual stocks, for every winner, there is a loser.
And that fees and high expense ratios are bad.
A Random Walk Down Wall Street
The Little Book of Common Sense Investing
investopedia
Dollar cost averaging is a myth. Just index in vanguard target date funds and ignore until you retire.
Its really that simple.
Buying and holding individual stocks likely better than just trying to time the market on a few bets. But really for most buying consistently into a tracker for the long term probably the best option.
http://www.moneyobserver.com/news/04-01-2018/warren-buffett-wins-1-million-tracker-fund-bet
Dollar cost averaging. Buy and hold and don’t look every day. You’re just as likely to fail S succeed if you try and time the market.
When you say buy and hold do you mean individual stocks? Mutual funds? ETF ?
Thanks - what should a ‘low fee’ be?
30-40 cents for 100 dollars?
SM1 - for stocks, do you do a lot of research e.g. technical indicators, analyst views etc?
Also, which broker/platform should I use to start my portfolio?
Again doing research is a joke. Professionals do it every day and lose money. Index and forget about it.
Start with any S&P 500 ETF on Robinhood. There are also many ETFs for Technology, small cap, emerging markets etc. if you are feeling adventurous. Compare the fund size, performance and ratings online and invest in a few..disciplined saving and investing in a diversified portfolio will lead to a solid portfolio in a few years. Good luck!
@EY2 you're an idiot if you truly think DCA is a myth. I feel bad for anyone you actually give this advice to
Google it. DCA is taking risk later. Given 100 dollars, always better to invest it immediately than over time given no knowledge of future. You just mean buying stocks when you have it which isnt really dollar cost averaging. Its just incremental buying.
Grab a dart, throw it at a wall full of stock tickers. Works for most.
book: teenvestor
A Random Walk Down Wall Street (they issue revisions with new content to keep it current)