What personal finance / investing books would you recommend to someone in their late twenties who is starting to have decent amounts of capital to invest?

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Bogleheads.

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I would treat those as separate areas of education. Personal finance is your personal life ops - pick a framework you like and implement it. Most books will be principle-based, just spend some time on Google and save your capital. Spend the time reading about techniques for every component of your personal finance framework...planning (budget/forecast/goals), capital preservation (cost control/tax efficiency/spend analysis), capital acquisition (income generation/investing), etc.

For investing, would recommend Intelligent Investor (Graham) and Bogleheads like C1 said. From there, pick the asset class you’re interested in and dive deep.

To tickle your gambling habit without touching your primary portfolio, open a small account for speculation and read Option Volatility & Pricing (Natenberg), etc.

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Trying to get into habit of reading. Have never read any books and would love some recommendations
General interest include investment, trchnology, short stories with moral, entrepreneurship,business

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Friday was complicated. So, I am going to break it down. Nasdaq 100 Futures (NQ) traded to the 9837 level, 32.75 points short of it's 50% HWB short. It then proceeded to sell off like nobody's business to 9846.50, 31.5 points higher than the projected objective for the HWB short. So, if you followed me on the channel, we were positioned for a nice rally at the end of the day. Markets have no memory on Friday afternoon. So, I think we are going up eventually and rally hard.

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What blogs/books/resources should I seek out if I want to make the transition from passive trading (index funds/buy and hold blue chips) to more active trading (options, speculation, spending a few hours a week researching, etc)? I’m looking to turn my investing into more of a side hustle

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Is Life Insurance a scam?

Why or why not?

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Any great personal finance/investment books to read? Or even YouTubers/Podcasters

Really looking into expanding my investment horizons — particularly about learning about how to allocate my investment portfolio. Also, always nice to learn about better ways to save and cutback.

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Best way to redeem UR points? If answer is travel, how do you know you're getting a good deal?

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I’m currently exploring options to undertake a secondment from PwC UK to PwC US. Any insights anyone can offer who has already done it? My biggest concerns are around being able to afford property rental, car leasing etc on Senior salary, given I will still have my UK mortgage to pay.

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How much cash do you keep in bank accounts? I have 50% in RE, 25% in market through retirement and education accounts and 25% in cash. Always think it’s too much cash but have never been able to gather courage to put more than 25% in market which I already have through 401K and 529. Any ideas on what to do with money just sitting in the bank earning no interest with 9% inflation eroding the value every single day

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If we enroll our parents in TCS medical policy then we need to pay some extra money apart from 7900 insurance premium which is included in our package?

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Hi Fishers,

DM me if anybody want to file ITR for last year, I will help you get good refund amount for whatever tax paid or deducted from salary during the financial year.

Can I pay a State Farm auto loan with Plastiq to meet Minimum Spend on AmEx? Worried I won’t hit the 5k on regular spend.

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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!!

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How hard is everyone pushing their corporate clients to authorize nonresident assignees whose only 2020 US compensation was the value of their 2019 tax preparation?
My clients are pushing back on it this year, and I can't say I blame them. If I were in their shoes, I'd rather take the risk of not filing than the expense of filing again. From my own point of view, I don't really want to spend my time on such returns, either, even if the revenue and easy return are nice.

How is 99k salary in New Jersey area ? I have to settle with family (wife and kid 4yo). How much i will get post tax deduction ? Can any1 help with approx expenses (avg middle class living) per month

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I left a great team and high-visibility, high impact project with a client that loved me for a few more $$.

Had I stayed, I would have been festering on comp and constantly worried about my financial future.
Since I've left, I feel financially secure but listless and bored with a lame team on what I've discovered is a skeezy upsell.

Anyone else had to deal with this? Did you boomerang back?

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I can gift gold status on Delta with my platinum status. Anyone have a similar benefit they want to do a trade?

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25lpa in big 4 or 22k aed per month salary in sharjah with 4.5 days working in govt company which one is better ?
Have wife and kid with no emi and loan and living in own house in India.

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Second year considering leaving NY biglaw for a few public interest options. Partly for mental health reasons. Making market, and I would potentially leave for a starting position offering around / a bit over $80k. Holding out currently to see what else arises. Fortunately I don’t have much debt, and that’s enough to cover my basic rent/living expenses, but not by much. Has anyone made a jump like that before? How did you manage financially if so? Living in this city ain’t cheap🙃

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Yale SOM (no $) or Johnson with a full ride? Goal is consulting (not MBB or bust but MBB is the target) in New York City. Will have to take out nearly full tuition loan for Yale. Concerned about Johnson’s strength in consulting placement even for T2; seems to have mixed reviews. Could also reapply this fall and add Tuck and Kellogg to the mix but unsure if it’s worth the risk as this fall may be very competitive.

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I’m thinking about looking at investment properties. What at critical questions you ask the listing agent when you first view a new place?

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Sales leaders are hypocrites.

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Any thoughts on Airbnb closing/buying price. Currently valuation is at 47 bil. Uber 90 and Dash 60???

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Anyone here work on the sales team/relationship management at their bank?

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Does EY GDS provides relocation allowance?

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Hi I am a full time mba at a T15-20 school. Would anyone be interested/willing to give me a case? Willing to pay! I’ve been casing with 2nd years but would really like to case with a practitioner. I am targeting Big4 and Guidehouse and Huron. Thank you!

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Hey producers, do any of you have a definitive list of specs for DRTV? I’ve looked high & low, Googled everything. No luck. What I need is a set of official RULES. My memory doesn’t count...😄 Thanks!

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Why does the street, and people in general, care so much about the technicality & formal announcement of a recession (2quarters of negative GDP)? Q1 was heavily negative GDP and now FED Atlanta revised Q2 Fcst to 0.0% growth. Let's be honest with ourselves, we are in one now. Why does nobody think this narrowly and wait till data release day and then finally screech "wE aRe iN a RecEsSioN"

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Hi, I started my Digital Marketing business about 7-8 months ago with only 2.7 lakh rupees. I've been facing losses every month since then. I understand that I'm failing because I am working alone. I need to know what I'm doing wrong with my pitch and my approach to onboard new clients.

Also I am open to discussing partners, marketers, and investors even though I have nothing extraordinary to offer right now. But I have a really good brand, story, and grit to make it big with the right help.

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What is the probation period in Bosch ?

If i join in December , will there any increment in April ? Or anniversary hike like tcs used to provide?

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How do you explain what you do as a consultant to your African parents/family?

Has anyone broke up with your girlfriend because of work?

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Does anybody find it helps to “get ready” in the mornings with wfh? I still want to be comfortable with athleisure, but I’m wondering if fixing my hair and maybe a little makeup will make a difference mentally. Feeling so burnt out and unmotivated lately.

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I'm looking to transition from Project
Management in the International
Development/Non-profit space to
project/product management in the
private sector, mostly the tech
space. Has anyone else made this
transition and is willing to give some
tips/advice?

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Anyone have insight on EY strategy and transaction diligence analytics? EY

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What is the PwC equivalent for a Kearney Associate and/or ACN consultant? 4-5 YOE, both in industry and consulting

Which one do you find to be a more important factor when picking between job offers, higher pay or exciting projects?

likehelpfulupliftingsmart

My partner lateraled as a senior associate (now a 7th year) and hasn't yet received clear direction on ascension to partnership. Curious what your firms have told you about pathways to partnership? Are you eligible to be made partner as a 9th year? What factors go into consideration? Are you expected to generate business before you achieve partner? How much?

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Any agencies in LA in need of a freelance strategist to add to your roster? Background of account and strategy, organized and self motivated. I'm extremely good at jumping in and out as needed. DM me!

Additional Posts in Personal Investment Chatter

On personal Capital, how many of you add the value of your car to your net worth

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I max out all tax-advantages accounts and put 30% of my take home into an index fund. What/where else can I invest in?

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Stock market weatherman here! Jobless claims up more than 1M, lowest since April. A second wave of COVID is on the way, no vaccine in sight. Stimulus has stalled. Tensions with China escalate. Weather model says these signs point to sunny skies 🌞 Not a cloud in sight, only higher highs.

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“How much house can I afford” question, input appreciated!

HHI of $105k, living in a HCOL area where a reasonable house for me is going to cost $400-$500k. Obviously that exceeds the rule of 3 (cont)

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Hey all! I would appreciate some feedback on my investing strategy: I want to buy QQQ3X when QQQ goes below 118$. I believe a major market reversal (a crisis) should take place in late 19 or (cont)

Is there any way to make pretax contributions to a retirement account outside my employer plan if:

1. My employer offers a 401k plan

2.) Im over the income limit

Here’s my situation; I left a higher paying consulting position for a lower paying position (better WLB). When I left consulting, I got paid out for my PTO, and I received a signing bonus with my new company. I expect my income will be significantly higher this year than it will be for a while. I know I could … (see comments)

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Well. ARKK is back.

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Where would you invest a $100k bonus in the current markets? Was thinking about a split between crypto interest accounts (in USDC), stocks, and crypto… but BlockFi legislation and general shakiness in the markets have me worried.

Just paid off student and car loans, and gave a fair bit for my parents’ mortgage.

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New to investing. Looking for any/ all tips... book recommendations, YouTube videos on how to get started

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can I put 6k in 2020 roth ira now and 6k in 2021 or am i going to get smacked?

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It’s not much compared to most of the posts I’ve seen in this bowl, but I finally hit $10k NW after I started working FT in August.
Everyone in this bowl has been a tremendous help in this process. I’ve never been good at saving, so this is a big milestone for me. Thank you again to everyone who gives out advice in the bowl, it is truly invaluable. Happy NYE! ❤️

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Currently building a house, 6 months to go and have down payment and a little more in a HYSA. Is it wise to put the remaining in an S&P 500 ETF to capture some of the bull market or hold onto cash?

How important is it to diversify your index funds? I have mainly large cap US funds, but wanted to see if it’s suggested to diversify into small/mid cap and international. If so, what are some good ones?

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Fully aware this is a newbie question. Looking for the best way to get started in purchasing stocks. I used to use E-Trade back in high school like 11 years ago, but stayed away to focus on paying

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What are some good stocks to buy today?

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How do you calculate what tax bracket you will be at when you retire? Keep reading choose the option based of what tax bracket you will be at retirement but I literally have no clue

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I’m a first time home buyer and trying to figure out how to get started. Any good resources you all have come across or tips in general? Specific question in comment below

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Anyone run a side business for the tax benefits? Thinking about things like the over 6000lbs vehicle tax deduction, home office deduction, etc. What sorts of business do you all have?

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Looking for recommendation - books, blogs, podcasts etc to learn about investment in stocks, bonds, options, commodities etc? TIA!

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New hire out of undergrad thinking about investing/saving—seeking advice. Details in comments: 15k sitting around in checking/savings account with interest close to nothing. Been reading posts here an

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