where do you invest additional cash? Consider you max out on 401K? Not interested in equity markets, CD rates are too low....any suggestions? what percent of returns are decent?

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

House/condo is an option

like

It's a market in consumer debt, and it's even more dangerous as it's not bundled. A1 is returning 12% in what are basically individual junk binds

like

Idk what speaking too much grammar means, but the premise is fundamentally unsound. Do you, but statistically you are incurring far more risk than you should for the returns you are generating

like

Sure, people win the lottery too, doesn't mean the risk reward is there

like

I invest it in taxes. Hoping to receive a big check from IRS when I retire

like

@dd1 that 12% return is bs, no investment in existence that averages that over the one ton. A1 has probably had 3 good years. Not indicative of long term returns. Nothing beats risk reward of diversified funds, etfs, and bonds long term.

like

Max 401k (funds)
Max IRA (individual stocks / REITs)
Max HSA (funds)
10% portfolio cash (savings acct)
Surplus to brokerage (individual stocks, REITs, etc)

like

LendingClub.com I average an annualized return of about 12%

like

But what lendingclub is is essentially a peer to peer lending service for individuals who can't qualify for regular personal loans. So not only is the average profile worse, it's also not bundled, which significantly increases the risk premium without increasing the returns. That's not an "inefficiency" it's a system that very deviously preys on both unsophisticated borrowers and lenders while the company essentially takes a risk free premium on top. Will some people make money...of course. But the vast majority won't or will see lower returns than the good through a number of more conventional vehicles.

like

A1, for real? I have a personal debt consolidation loan through them at about 8%, arbitrage opportunity you think?

Accenture 1: how risky is lending club? and how is the liquidity?

McK1, LendingClub is an internet bank, they have nothing in the markets. They are a short term annuity model, basically.

*bonds

DD1, yes. I typically invest in high risk loans, knowing well that I'll have a couple of defaults. Weighted, I find out I get the most ROI than focusing on lower risk loans.

McK1, you're speaking too much grammar. I'm on my third year in and I've had north of 12% ROI, at least so far. I even reinvest everything. It's worked so far and it's okay money, so if I lose it, no big deal.

In efficient markets, yes McK1, but I can't say that applies here. Not saying you're wrong, just saying people make consistent outsized returns in small pockets all the time. Even Buffet has commented on how easy it would be for him to earn massive returns if he didn't have much money to invest.

Local bookie, some say the ROI borders on usury.

It's not about risk/reward, it's about finding inefficiencies where "big money" has incorrectly evaluated the risk or reward because the niche is more nuanced than it seems from the outside, and/or the opportunity is too small for them to get involved.

😂 Badideas, very appropriate username for that comment.... or is it?

Can't speak to lendingclub - I agree with you there by default. Was more objecting to the claims that "no investment exists" and "nothing beats risk/reward of diversified funds, etc." They aren't easy to find, exist in weird/unknown areas, and aren't generally available to everyone, but they absolutely exist.

Related Posts

What type of job duties does one do in healthcare administration? Interested in healthcare but getting tired of consulting.

like

I applied for a job at a well-known healthcare company a couple of months ago. I had a number of remote interviews and then they asked me to fly out for a final round of in-person interviews. Later that week they told me that they were going to be making an offer. Another week has gone by and still no offer. They said they are still working on it. Is this the new norm for recruiting? I have other offers and can't keep waiting for these foot draggers.

likesmart

Have you heard about different benefit offerings or adjustments agencies make (ie, not giving same benefits) to those who join FT but work from home status?

like

Guggenheim healthcare reputation?

like

Hi Experts,

Suggest me some debt funds. Looking for investment for 3-5 years.

like

Larsen & Toubro Infotech Hi folks, Please help me which organisation should I go with Citius tech or LTimindtree? As recession is approaching and due to which layoffs are going on as we all know so which one is more safe to join. Please share your thoughts, which will help me to take the decision.
For tech stack Azure Data Factory, SQL,Azure synapse, SSIS, ADLS with 7.5 yrs of experience. HCL Technologies Tata Consultancy Infosys Accenture IBM Larsen & Toubro Infotech Mindtree Fractal Citiustech Healthcare Technologies

like

ENBD is the crappiest bank in the UAE. Thank you

like

Hi guys ,

In paris if you get a salary of 83 k + 1 BHK allowance and other benefits .is a good package to live and work comfortably. Please kindly suggest me.

Thanks alot.

like

Which bank account is better for salary account?

HDFC
Axis

like

Hi everyone
I am currently serving notice period. I would appreciate if u all can help me understand skills & courses to develop during this career break (due to family priorities) apart from pharmaceutical brand management as i am willing to pivot my role into
1. Consulting in life sciences or healthcare or pharma domain 2. Competitive intelligence in above mentioned sectors 3.business analytics in above mentioned sectors.I wud appreciate if u can share a few referrals.Wud be resuming by Jan

What is everyone’s outlook on crypto? I have some litecoin from awhile ago and wondering if I should indefinitely hold it. Thanks!

like

I’m loyal to delta, but I’m moving to a city where American is the main hub and Delta has practically no non-stop flights to/from there. It’s time for me to open a new credit card, so I was considering the Citi/American one. Any thoughts?

like

I’ve been using other people’s stock site logins for years from 3+ jobs ago

likefunny

Advice for someone moving to SF for an entry level job? I want to start off strong but realistically I'll be spending nearly half my income on rent.

like

I started investing in January 2021 with a current portfolio of 40:60 across Mutual Funds ad stocks. The MF portfolio is giving my a current return of around 10% cumulative whereas the stocks are giving around 6% cumulative.

Not sure how to get the game right.
Views please friends.

Any Boston based MBA students here? Wondering how much to expect for rent if I want to live in Central Square with one roommate.

like

Hello Everyone, I am looking out for referral, I have 7+ years of experience in RCM industry (US Healthcare) with good expertise on practice management, business analytics and Team handling , My current role is Team leader and I can join immediately.

like

I have a young mentee (Junior at University of Michigan) who is hardworking, ambitious, and a total sweetheart!!
She is looking for a TV/film/production internship for this summer and I was hoping someone could help give her a referral to an internship 🥺 She has been diligently networking and searching for internships for over half a year. I know she will wow everyone she will meet and I can’t think of anyone more deserving than her. I work in healthcare so I wish I could do more to help her!

like

Hi folks,

I am already covering 80c 1.5l limit by elss and pf.

Can i invest 50k only in nps and avail tax benefit under 80ccd 1b.

Tia.

like

What questions would you ask a recruiter when discussing benefits? What’s important?

More Posts

like

Hello All,

Can anyone refer me in active directory domain.
I'm already serving my notice period with a week left. Ready to join immediate.


Thanks

like

How do I time interviews so that I get multiple offers at the same time so that I can leverage them against each other? I also want to avoid a situation where I get an offer from my backup option but it explodes before I can secure an offer with my top option.

like

Hello people, need a suggestion, i am working on devops since a few months, and i have been given a task, the deadline of which is tomorrow eod, and i have not been able to do anything significant since the last 2 days 🥺. We r a team of only 3 ppl and no senior is helping me out. My lead will surely scold me Tommorow 😕 What to do? How to handle situations like this? Can they terminate me if i get in such situations again?

like

Friends. Leggings are not pants. That is all.

like

Back when I was getting started in the food world, I worked flipping burgers at In-n-Out. A man came in and said the burgers he had gotten weren’t right. He dumped the food on the counter and then he started throwing them back behind the counter. We gave him a refund and then his demeanor completely changed. He was calmer and he told us to have a great day as he left us to clean up the mess he made.

funnylike

Hello guys I will be joining PWC india kolkata location. Can anyone please let me what all welcome gift they send apart from laptop?
I have seen few posts where new joinee from PWC sdc getting lots of useful electronic items as welcome gifts.

Is this same for PWC india guy? 😊

like

Cleared the Partner round at Deloitte and moved on to HR round.

Any tips for prep ?

like

Apna time aayega! For all those waiting on h1b — Friday vibes

like

Meeting with a recruiter at one of the FAANG companies. I won’t be able to move jobs because of H1b /GC at least for the next year. Any idea if I should start off with that or should I just try to understand the work that they have been doing?

like

Buddy , how to apply for h1b from india is it possible i heard some consultancy does that

like

Hey guys. What are some of your favorite software/systems for customer relations and project management????

like

Hey fishes , To ones who joined recently - I have my joining coming up and I was asked to come to office Location to pick up laptop.

Anything else apart from laptop collection that happens on day 1 ? If it’s just laptop collection , I am planning to ask them to ship it to my home

like

How long does a Defendant have to oppose a motion for leave to amend a Complaint in Florida for a matter pending in the Eleventh Judicial Circuit, Miami-Dade County?

likehelpful

Is there a market for lawyers to add expertise In crisis management or reputation management? My goal is to counsel clients on how to respond to media inquiries without saying or posting something detrimental to a potential litigation while still maintaining communication with their client base. If so, how to break into that industry? Courses? Books? Certifications?

like

Can anyone tells me the difference between GOC & Google?

Looking for a new consulting job - best company to work for?

Anyone know a reliable source (not Glassdoor) for seeing comp info of open jobs?

like

I’m convinced that the reason some of these firms are so prestigious is because they have intentionally exclusionary recruitment practices. I used to believe that you had to already be rich to get hired at MBB. Now being on the other side of the recruitment process , I really do feel that it rings true. I hate the way we evaluate candidates and decide on who is “high priority” during coffee chats.

Additional Posts in Consulting

Got laid off but found a job. Unfortunately I can’t start for like 2 months. Any ideas on jobs I could do in the meantime? Can’t drive so no Uber. Willing to do minimum wage, anything will help

like

How hard is the AWS Cloud Practitioner Certification? What study sources have you used and how long did it take?

like

Are any top consulting firms hiring for experienced analysts currently? I know ACN and some others are cyclical for resources 2-3 years out of college, but I’m looking to make a move sooner than fall

like

Any good books or recommendations on sales? Sales tactics trips and tricks?

like

RC or MC? I‘m a new hire as a risk consultant (associate) and I originally applied for management consulting, but in the middle of the int process (2nd interview) they asked me if I would mind /cont.

like

So how does this kitchen thing work to make food? Is there a switch I need to turn on?

funnylikehelpful

What are the best consulting companies in the US focused on Sustainability, either Strategy or Ops?

likefunny

Desperately want to get into healthcare strategy consulting. 13 years of healthcare clinical experience including project work. MBA. But keep getting told by recruiters that I don't have enough experience to be a Consultant or Manager but that I have too much experience to enter in every level such as a Senior Associate. Just one rejection after another, even when applying with internal referrals from Director or Partner levels. What am I doing wrong?

like

Applied for a position 1,5yrs ago, got the job but turned it down. Really liked it but didn’t make financial sense. Kept good relationship with the HR person but since then she’s left the firm. (Cont)

like

Do consultants get fired from a client for moving furniture around? (like a stand alone monitor) from an unused room he was given to sit, supposedly reserved for auditors. Asking for a friend 🙃

funnylike

Which top consulting firms, if any, will pay for your MBA?

like

i'm in Privacy at Deloitte, what other consulting firms have a comparable/ better privacy practice?

like

Does flu shot work? Have never had one. Consider getting it now I travel so frequently.

likesmart

Anyone here gotten lasik? How were results for you?

like

Got hired as a digital strategy consultant. I have over 10 years of industry experience but I’m new to consulting. What courses, workshops or books would you recommend to build a solid toolkit?

like

BCG folks, I hear rumors of layoffs happening given the slow pipeline. Is it true?

like

Justifying the Sheraton's painful bed to yourself because the Four Seasons don't recognize your loyalty

like

I am amused by civilians that talk about traveling like they know what they are talking about. Ha!

likefunny

What’s the process for resigning on the bench? What’s the appropriate sequence of communication and should it be email vs. phone?

like

If I had a traditional IRA before being employed in a 401k eligible role, can / must I roll that IRA into the 401k or can I leave the accounts separate without deleterious tax consequences?

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

Scan your QR code to download
Fishbowl app on your mobile

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