Say you have $1mm in cash, is it plausible to put it all in a HYSA and take the monthly interest payments as income at say 3% APY and then quit your job?

Theoretically*

I've got a YouTube channel about all things crypto and trading. It is primarily an educational channel, rather than one that is specific to investing.

Please post video requests here. (Continued)

Anyone wondering what digitization and disruption of banking and lender relationships will look like? If at some point regulation allows customers to borrow directly from central banks, then will banks and buy side direct lending shops die out ?

My dad stole my identity a couple
years back and tanked my credit score
- brought it down to like 400. I've
been working towards fixing it so that
my boyfriend and I can buy a house in
the next year or so. This morning, I
checked my score after not looking at
it for a while and I'm in the mid 600s!
Y'all don't know how happy I am
about this lol

What is everyone buying today?

Anyone opted for NPS Employer contribution, is it good for tax saving? Is there any maximum limit to it? Does employer really pay it or deduct it from our CTC only?
Please help.

Hi-I have 120K in cash in HYSA. After keeping emergency fund aside. Still have 75-80K available that I plan to invest. After 401k, HSA, IRA and monthly expenses: we are left with 6K every month. So investing 12K every month in market. My worry is with that rate - it will take us 12-14 months to move the extra 75-80K mentioned above. However do not want to make a bulk move. Any advise how to plan the switch. At present have 60K invested in stocks. Thanks

Pushing out my retirement date... Crypto down 60%, stocks down 30%.. I was a millionaire in Jan now only a 750kaire lolz. Just numbers on a sheet keep rolling

I NEED HELP WITH CREDIT SCORE issues: Two months ago my credit score went down by 30 to 40 points due to dad missing credit card payment by a day (i got added to as authorized user on his credit card for me to build credit but now I’m filled with regret). I was devastated by it. This past month I have been making more payments and paid off my aug statement in full thinking it will boost my credit score. But I don’t know why it went down another 10 points. More below:

What are some of the things to keep in mind when leasing a new car? What are some add-on that can be negotiated on?

Confirming that the cheapest and fastest way to buy Electra is to transfer LTC to Coinhouse and then convert LTC to BTC

Buying a new house in the US and have no idea how to go about buying curtains and blinds. Can anyone help with their experience. Chicago based if that matters

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

For any real estate investors

22 years old and currently focused on using my left over income to invest and pay off my debt. I am set to pay off my college loans by next year and, when I do, I want to look into investing into real estate. Does anyone have any suggestions on how to get into/learn more about real estate investing? Or how I can have enough knowledge on the topic to be able to invest wisely when the time comes?

Any books? youtubers? etc. How did you all learn about it?

How does one get into trading from positions elsewhere in the bank? What would impress you most about candidates attempting to do so?

Big legends Guide to Three-Fund Portfolio. Yay or nay? Additionally, please share personal finance books that you recommend to newbies! Thank you and happy holidays!!✨

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

Is buying into the VIX the best way to hedge for a mkt downturn?

Best resoures for realtors just starting out in their career?

I am not able to upload my tax declaration details from the greyHR portal. It is showing an error message since morning. Is there anyone else who is facing the same issue

Do I need to report my crypto holdings to EY?

Anyone have feedback on in house attorney positions with Mercury Insurance?

Republicans: We just haven’t seen enough evidence to support impeaching Trump

Also Republicans: Fight subpoenas that would force Bolton, Mulvaney, Pompeo, Perry, Pence, etc. to testify

🤡

PSA: it’s better to use all your vacation and then quit vs taking the payout. I just got cucked.

What’s your take on Ackman’s CNBC interview in light of his bet on credit spreads?

Any tips on how to make transition into consulting... exploring the idea but not sure where or how to start. Any guidance is appreciated

Hi
Currently I'm staying in Amanora Park Town.
Can anyone please give me contacts for good dance class around?

Any Deloitte people trade on robin hood?

Who has the best parental leave policies? Need advice

Any news on midterm promotions in January just like last year ?

Hi All,

I joined HCL in july 2021 & completed one year in july 2022. Currently I am serving notice period and my last working day is December 7th. I resigned in September month
So when I will get my variable pay of last year as my performance cycle is still not closed.

Trying to find the average salary and progression for a Director in Pharmaceutical Medical Affairs

Has anyone invested in a franchise? Is it worth the time as a side gig potentially turning into a path for business ownership?

I’m sure others have considered this, I really feel burned out on my specific subspecialty. For the most part I do interventional pain management. I am midway through my career, but I cannot in anyway see doing this for the future, it just doesn’t feel like I’m making a difference. I’m honored to be a physician and to help a handful of people, but any suggestions on changing specialties mid life? I have perhaps 15 to 20 years yet to practice.. I’ve looked at concierge medicine, I’m open

Hello all, I am a fresher and have joined TCS in 2021. I have worked with mainframe and a bit of Salesforce. Now I am not enjoying the work here as I feel myself stagnant. Apart from that I am not that much inclined towards coding. Can you all please suggest me that shall I make a switch now? And since I am not interested in coding, what are all other options I should look for. Please help me out.

Hello all

Does Airbus revise offer on sharing a counter offer?

TIA🙂

Top consulting firms for building mobile apps - IOS or Android?

Is there something similar to TrueCar in the UK to look up basic approximate pricing of new cars?

Is it possible to claim the Microsoft Certification costs in ZS? If so, what's the limit?

In your opinion which is the best target fund to choose in IRA Roth?

Have an acquaintance who is a single mom; she purchased a used car 3 mos ago. Six wks later her 17yo wrecked it, air bags deployed, and estimates have ranged between $10-$18k in needed repairs while $21k is still owed. Acquaintance was switching insurance policies and flubbed the coverage dates and there were a few days where the vehicle was uninsured. No GAP insurance. I'm not seeing many options for her besides to continue pmts, fixing just enough to drive or voluntary repo. Thoughts?

Anyone have a recommended tax person in Chicago?

I’ve always been a big saver minimum 15% to maxing out my 401k since I graduated college. I’m married to someone who thinks 6% is enough and likes $$$ cars. Other than the cars, they dont really spend money. For the married 🐠, how do you have the conversation with them that what they are doing isn’t enough? I try to guide them and say you want the $$$ cars but the salary you have won’t get there and you’re going to have to find a job that gets them the salary…. Then the fight starts.

Google stock to buy now or after the split?

Invest in roth 401k or traditional 401k and save the difference for a house downpayment?

Currently am contributing money into both 401K and Roth 401K. Should I also open up a Roth IRA?

I spent the last 3 months "growing up" & now I'm ready to go. 1st thing is for me to get my own place. I'd like to buy instead of rent because I don't want to pay someone else's mortgage.

I'm thinking of selling my car & cash out some of my 401k to buy a house. My thought is to put down 3.5% for a FHA loan then make a big payment towards the principal to reduce long-term interest.

Anything wrong with this thinking or anything else I should consider?

Currently maxing out my 401k and HSA and investing about 1k/mo in ETFs. Also recently started buying I-bonds given inflation. What are other things I should be thinking about?

What do you think are missing from the personal financial management apps such as emma, yolt, cleo

24 yr old, 110k TC, maxing out Roth IRA and Roth 401k, no debt or large expenses. Also have ~35k sitting in a bank account. What should I do with that money?? Am I better just sitting on it for a while then watching it shrivel up in my brokerage account?

For those of you that currently pay 30% of gross income towards rent, do you still have money to save? I’m moving to NYC and am used to paying only 15%. Pay is now 125k base so I’m looking for apartments around 2800-3k

What are your thoughts on buying a house now and refinancing later? (Hopefully when interest rates are lower)

26 YO, make make roughly 130k TC and really wanting to get the new 2022 Accord Hybrid Touring trim. Great MPG and reliability. MSRP is just under 40k for the top trim. Good financial move or should I go with a lower trim such as the EXL or Sport which come in around the mid 20k-low 30k area.

I am 25 years old with roughly no savings. I am a consultant with a technical background. Are there any tips in side jobs/ways to make more money for savings?

Can someone help me understand how backdoor Roth works in my situation?

I contribute the $19.5K max to a 401K each year. Would backdoor Roth be (A) the ability to roll $6K of that $19.5K into a Roth? or (B) an incremental $6K that I could contribute to a separate IRA then backdoor into a Roth?

Asked another way, does backdoor Roth allow me to actually contribute $25.5K each year, or does it just allow $6K of my $19.5K contribution to build in a Roth?

Thanks!

Hey folks - I have an inquiry on my credit for a gym membership I “failed to cancel”. I had previously left this gym as it closed during pandemic, and shifted to a new location. In doing so, I informed the gym I would be leaving. However, I recently checked my credit and saw that my membership had not been cancelled and had been sent to collections (prompting an inquiry and dropping my score).

Has anyone experienced this, and is aware of next steps to take here?

Rolled my old 401k over to a rollover IRA under the same brokerage and lost some money. What the hell did I do wrong? It was a direct rollover btw

Have you ever worked with a financial coach? Did you find it helpful?