So, I'm 30 with no investing brains. Any suggestions how/where to get started? I'd rather depend on experienced word than google.

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

If you don't know much about investing, your best bet is probably low cost index funds. You won't get rich overnight, but you will sleep better. Whatever you do, avoid financial advisers. High fees and they often put you in high cost funds that earn commissions for themselves.

like

Wealthfront (https://wlth.fr/1OnY0hH) or betterment both are set it and forget it (which is perfect for you). Low management fees (0.25%) and auto rebalancing plus tax loss harvesting. Basically answer some questions about your risk appetite and they will suggest a set of funds types to invest in. (That link helps me out but no pressure to use it 😜)

like
Recent IconRecent

Agree with vanguard index funds

like

Also, re: D2's comment about free trades... don't confuse trading with investing.

like

Yeah dont forget independance for all of those options OP - Betterment and Wealthfront have a wide range of automatic investment options, a chunk of which are independance violations. Unfortunately a no no for me. Not sure what Deloitte audits but worth checking out just to be sure you dont audit Vanguard (which you might since we dont)

like

Bogleheads

like

Betterment

like

Yep, look up lazy portfolio drop three etfs in there.

like

I'd say it's most important to make a plan and then pick your broker. Vanguard is cheap and you can trade their ETFs for free, but if you want to buy individual stocks they can get pricey. Schwab also has some free ETFs with low fees and they also have lower trade fees for individual stocks.

like

Before u decide which platform or what to invest in, read some blogs and books. There are plenty of personal finance blogs out there. I personally read 'afford anything' and 'mr money mustache'

like

By reading blogs/books, I would first decide what type of investor you are (risk averse, risky, short term investor, etc) and then identify how much time u want to spend on investing. There are many investment opportunities for a buy and hold strategy - like vanguard funds that don't involve any work after you buy.

like

TD Ameritrade. They have good customer service and is the recommended broker for Deloitte. Then put your money in commission free ETFs and watch it grows

like

Because Indian inflation is higher, the 8% you see is for investing in Indian currency. However if you invest in US $ in the same bank, they will have a separate interests close to 1%

like

...

Thanks M. Want to take it up slow and easy. Not looking for risky get-rich-overnight schemes. Any good tools to use?

Once you have selected the funds or ETFs you want to use there is a site called FeeX that analyzes the fees you are (or would be) paying. Other than that you can look up sample portfolio allocations just about anywhere to determine how much stock/bond you want to hold and how much international exposure you may want.

Checkout robinhood, u can trade there with no fees

Robinhood is underwhelming. Interface is crappy and it basically encourages you to get into trading on margin and investing based on volatility instead of investment merits.

If you won't be actively trading stocks, agree with others that Vanguard index funds (e.g., S&P or total market) are the way to go. Negligible maintenance, decent long-term returns.

By no means a way to put away a lot of cash, but check out Acorns... Help me save ~$20 a week without even noticing. My returns have beat the S&P, too.

Related Posts

Can anyone explain what the Asset Wealth Management team at PwC does?

like

Can someone walk me through the steps of founding a startup? Maybe guide to helpful programs or resources.

I just have the idea at this point, what's next?

like

FTI Consulting vs Health Advances: Have offers for the summer from both (very similar except one has a smaller signing bonus). Genuinely don't know what to do. If any current employees could tell me what they like/dislike about their firm, that would be amazing! TYIA

Hope everyone back home is safe and healthy!

like

I am too indecisive for streaming services like Netflix. I don't like picking what to watch, which is why I like having cable. I need the randomness of what's on the cable channels.

like

Has anyone ever been pushed out after billing over 2400 hours?

like

Anyone know good cpas or tax preparers? Mine should be fairly straightforward, but I’ve worked in 3 different states so worried that’s going to complicate things for me

like

Not sure if this is the right place to post, but I feel like I wasted 20 years of work life- as if I’m back to sq 1. Married with baby, super under pressure (by myself and the bills) to provide for my family. Looking for more payment security - not knowing when the next paycheck comes in kills me. Apparently I got so many skills etc., but I don’t believe in myself rn. Looking for a friend or someone who was in this kind of situation and got out of it. Of course, looking also for a safe haven/job

likehelpful

Can anyone help with what type of questions to expect for Java senior engineer first round of ds and algo. Any input would help thanks

like

What is the typical base salary range for SAP Manager with 15+ years exp (logistics supply chain MM SD) and SM at EY and PWC. At Deloitte I have seen M from 135 to 180 and SM at 160 to 230.

Hey SF @salesforce folks 👋 wondering if anyone can weigh in on an offer I received for Bay Area and whether I can/should push for more. Role is senior manager in biz ops/strategy. 190k base, $65k RSUs over 4 years, bonus non-negotiable at 15% and no sign-on bonus. Thanks in advance!

like

Can someone help me understand the pros and cons of MBB vs PE Ops (at A MF, think BS, KKR etc)? I'm looking into in terms of WLB, culture, personal growth, hierarchical-ness, comp, calibre (and attitude) of colleagues, respect (vs deals colleagues) etc.

like

Hi fishes, any TA Specialist/ sourcers from Walmart here hiring for Key Account Manager/ Brand partnership roles ? I have a referral who might be suitable for that role. Do drop a message to me or comment on this thread so that I can reach out to you personally.

like

Debating leaving my little solo practice in family law to do the same type of work but for the state in care and protection cases. Anyone make the jump from working solo to working for the state?

like

Do I need an AWD in Chicago or RWD will work fine? For Model 3

like

I wanted 4 but pregnancy symptoms made me stop at 3. I would have stopped at 2 because I was trying out for a girl which I didn't get. 3 is a handful already especially when you are in a country with no relatives

like

My mother isn’t the smartest cookie and let’s people take advantage of her—to the detriment of her health. It’s absolutely infuriating and she refuses to acknowledge the problem. anyone dealing with something similar ?

like

The gall for Toto to tell Masi no safety car... Honestly thinks he owns F1?

like

I have received an offer for Tech Consulting - CS&A department at Senior Consultant position.
Qs-
1. What exactly is CS&A?
2. With almost 7 years of experience (5 years relevant to the profile), is Senior Consultant position appropriate? If not, what should I ask for.

Thanks in advance.

like

Additional Posts in Consulting

Starting a new job next week. How soon is too soon to ask for tuition reimbursement? 😅

like

Kearney what are your fastest growing practices?

like

Went on three dates in last three weeks. Two of them backed out when they came to know that I travel everyweek. The one left was unhappy this morning when I got up at 4 to catch my flight. FML !

like

I heard great things about Prestige Worldwide. Anyone working there that can give insight into the day to day?

likefunny

Booz Allen Singapore office is closing. Riyadh has downsized. Abu Dhabi laid off all cyber employees. Are Dubai and Lebanon next?
How does this fare for the firm’s commercial and Intl ambitions?

likefunny

Have two offers. How do I tactfully pit them against each other to get a higher total comp? I don’t want to just say something like “best and final offers”... but it’s what I’m thinking in my head

likehelpful

Joining Deloitte or PWC as Manager. Pros / Cons?

likefunny

Anyone looking to make the switch to Deloitte?
DM me for a referral.

like

Anyone from Accenture recruiting in the Salesforce practice?

like

Those who have undergone layoffs... Our fallen sisters and brothers... What are the plans now? Would be especially interested in hearing from those not planning to go to another consulting firm.

like

How do I find a lawyer for some disagreement with a previous employer? Haven't used an attorney before so basically don't know where to start. Thanks!

like

Best consulting firms for strategy in the US besides the big 4 and MBB?

like

ACN 🐠 . Headed to ACN. Some folks tell me how terrible ACN is. WLB, cut throat, offerings. Your take? I find it hard to believe that ACN is a terrible place to work at.

like

Anyone ever move to a city they’ve never been to? Where did you move to? How did that work out for you?

likefunny

I just tried to plug my old headphones in to my iPhone 7.

like

My back kills me every time I get off the plane and I end up spending a bunch of money on massages. Any idea if I can get medical coverage for that type of thing?

like

My uber driver just told me that I can install a PA onto my car so I can shout, "hey idiot, get out of my way." BEST THING EVER. 😂

like

Book recommendations for new executives?

like

Best SPG/Marriott hotels in downtown NYC? Thoughts on 11 Howard?

like

Feeling really burnt out, on H1B. Can't just take a break from work, also no utilization in this environment is detrimental. What can I do?

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