Where do you think the happy medium is for interest rates (if one exists)?

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I think 3.75-4.00% would be a reasonable rate. If we want to keep inflation at 2%, the interest rate should be a little higher. This would also incentivize saving, which I think is a generally healthy habit in society

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I think the happy medium is where the markets find it.

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The fed is an integral part of the free markets.

The beloved r* will forever be a mystery

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2-4% with unemployment around 4% and gdp between 2-3% inflation 2-3%

Which of the many r? Mortgage 30yr? 4.5-5.5%. Fed Policy? 4-4.5%

Dream On with the 2% to 4%. If that happens again it’s because we are in trouble as a nation. 5% to 6% is more realistic. I lean more towards the 6% to happen.

When my SO and I graduated college in 2003, it was 5.5%. We bought a $285k small 2bd/2ba condo outside Washington DC. We were 23 yrs old. We had student loans and no down payment help. We were only able to put 5% down payment. You have to start your ownership journey somewhere! Through the years, and the 2008 crisis, we bought a townhouse and a full sized house. It takes time, patience, money management. It will happen for you!

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Anyone still holding up those stocks? Chances of regaining the momentum in the near future?

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Let’s finish this up strong! What are your year-end self development plans?!
We have our last session of the year of our group/guest financial education cycles at our Downtown Toronto office this Saturday. We go through our first financial education session that we talk about basic to higher level of financial information; from saving, investing, risks and returns, registered accounts, etc. There is no cost and no obligation. If you are interested to attend in-person or via Zoom, let me know.

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Hey!
I have credit card with last billed amount of 1,25,000. But i just received my refund of 50,000 which will be adjusted in the next cycle.

But for this cycle, should i pay the entire 1,25,000 and let my CC go into -50,000 balance or i can pay the lower outstanding amount (75,000) only?

My goal is to avoid any interest or fees.

I would like to hit fire between 40-50. Currently 27, 185k total comp (125 for me and 60 for partner). Like my job don’t hate it don’t love it. Does an MBA make sense? I’m guessing it could take me to 170ish with that schools I’m looking at but wondering if the 40-50 retirement range makes an mba not make sense since I’d only have 10-20 years to save vs 12-22.

Would have to finance the whole thing myself. Current net worth is 140k. Thoughts?

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Anyone buying BCC? Bloody it shooted up to 700.

Crying for my RSUs….started at my company about 6 months ago and got some RSUs split over 3 years. Turns out the stock price at time of my hiring (which is what was used to calculate the number of shares over the three years) was the highest it’s ever been. Stock price has been cut in half since then, along with my RSU value. 😭 how do I cope?

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Is it worth moving to western countries if you have a stable life in India and the household income is close to 3 lac per month?
What are the advantages and disadvantages of this move?

Anyone here have experience living in Evanston? Is rent cheaper/what range would I be looking at vs Chicago? Going into full time now and personally am of the mentality to save money like crazy, CONT

Does anyone have a model they use for rentals? Buying a place and this is my first time modeling it out for cash flow etc.

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Has anyone asked for a refund for payments made towards student loans during the pandemic and actually received it yet?

When you all buy a stock how much do you normally throw in? Realizing I have a few where I’ve thrown 2-5k are worth my time. While throwing 200 doesn’t do anything. Great if it goes up 100p but that’s just 200

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Im looking to buy a home, program is zero down (no PMI). I make 150k base salary; take home 8k mon. Im looking to buy a house under 350k in my area. Im looking at a payment of about 3k including prop. taxes in a newly gentrifying area. My plan is to house-hack and in a year move out. Is this monthly payment too high? I have under 10k student loans (will get wiped) and no other payments. I want to make sure I can afford it even without tenants just in case.

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Any suggestions for best credit card for wedding expenses. Planning for wedding in India. We have the following cards
1. Amex Plat
2. CSP
3. BofA
4. Discover
Not her of us have the card the other person has.

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Thoughts on VBIRX as a short-term (1-3 year) savings vehicle? Split with a HYSA.

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Deciding between 20 vs 30 year term life insurance. 33 years old and just had first baby. Anything I should consider to help me decide which horizon makes more sense?

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ABNB @ $144. Invest or not?

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Has anyone been told they need 25% down for a vacation home?

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Looking for a Delta rewards card and was going to go with Amex, but internationally Amex isn’t widely accepted and I already have the Gold. I’d like to replace my JetBlue Mastercard with a no foreign transaction fee Delta card (don’t mind a fee for the card). Is there a good Delta non-Amex option? Also, don’t have a card that’s big on travel rewards generally.

Anyone else in ATL? We had the highest inflation increase of any city in the nation last year and COL is way up. My rent is now more than it was in DC. Anyone seeing COL adjustments? F20 not FAANG.

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How to transfer PF fund from hcl to epfo if i was a non pension member???

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Come Join Us!!!!

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Taking family trip to Chicago mid-September. Any family friendly recs good for an 18 month toddler (things to do, non fancy lunch spots, etc)? Also thinking residence inn downtown for space. Others?

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Another looting happening now downtown Chicago. WTH is going on !!!

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Thoughts on the following neighborhoods: 1) area south of Chatfield Lake; 2) Roxborough Park. We are a family with a middle school aged child (and late 30s). Thanks!

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can anyone brief how do I get job in Canada?
Reaching out to consultancies will really help?
6YOE into aws profile.

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Joining CTS with 19Lpa as SA, will my manager or co workers know my CTC?
If a team has 2 SA, 1 with 8Lpa another with 19Lpa same work experience but lateral entry,
Will the work load varies? Do they assign work according to the CTC???

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JP Morgan Chase & Co. Investigations @ when offer an internship or actual employment be sure to not lie about your work experience or internships, they really go deep and if they find any issues they will fail you and you won’t ever be able to work for JPMC ever! So be honest, a humble advice for all :)

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Has anyone recently joined pepsico?How many days a week is mandatory to go to office? How is the work culture and flexibility? Is it really worth joining pepsico?

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The most hilarious mail from today's mail explosion:

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I received the feedback from my Counsellor today. If I resign today, will I get bonus on 31st August?

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Looking to make some extra cash to pay for my crippling debt. I currently work at an agency but I don’t need sleep, right? Any freelance tips for a Chicago junior?

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What is the minimum unit of time you bill? A quarter of an hour?

Seems like even the smallest task requires at least that much attention.

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I have cleared CTS interview and have asked for 21lpa with 6 yoe in automation testing. Do they give that much with the yoe I have ?

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Is America great yet or will be before 2020? Wondering if MAGA will change to KAG? And that implies, all things under current administration made this country greater. If not, then CMAGA? (Continue)

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I am sure by the end of today, I am looking at Biden winning Georgia as well which will be the final nail in the coffin for Trump’s campaign

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I have an estranged relationship with my sister. I haven’t had a relationship with her in 13+ years, and haven’t even seen her in about 5 years. We had a really bad falling out and I never really carried for her as a person. But for some reason I feel an immense guilt for not wanting a relationship, simply because of this convoluted idea of family and sticking together no matter what. Anyone else have this issue? How do I go about making peace with someone I don’t want nothing to do with?

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Have a final round interview with the CEO of a startup (~300 person company) - assuming the job is mine, what question would you be asking to make sure this is the place you want to join? Any help appreciated!

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Any recommendations for where to get Botox done in the bay/SF? Looking to get it in the frown are, maybe the forehead

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Additional Posts in Finance

Thoughts on serial dating, via social media apps?

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Anyone in crypto compliance? What’s your background and how did you make it there? I’m in asset management compliance and want a change.

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Lady Fish, I'm looking for a light weight, professional jacket to wear this fall. I haven't found anything that's caught my eye. Do you have any recommendations?

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Which firm do you guys think has best work life balance?

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Any one have any advice on how to deal with lack of focus and concentration? Been having trouble concentrating the last 6 months and it's bringing me down.

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Any insight on CAIA? Difficulty and whether it impacts salary?

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Seriously tho - enough complaining, what's your favorite part of the job?

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What is considered business casual in SF? Is it suit with no tie or Polo and chinos?

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Knowing that I’m 50% tier in my level, how can I go up to the 75% or the higher end of my level? My manager says I’m a competitive hire but it’s not reflected in the comp. So I’m super confused

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That moment when you realize after 3 years of this you have no real industry job skills... 🙌

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Any chance of meeting smo serious on Tinder? I know it's mostly a hookup site, but have you met any exceptions?

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We have a big project going on and I am the only point person(initiate it, did lot of work, and knows the deets well), seems like my mgr wants to get a headcount. But I want to use this opportunity to get promoted, how can I get this across? Mgr is new(they fired my old mgr), mgr’s mgr is new too(re-org). So not sure if I should/can make a case, or how.

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GS 2023 New Analyst Program. Is this a good program to apply for someone looking to start as an analyst? How easy is to get into this program or even GS overall? I have 1-2 years of experience and some Finra licenses if that can help me somehow. Looking for some opinions about the program. Thanks

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People interested in B-school: what are your top schools and why?

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My company reimburses CFA exam fees if I clear level the exam and if I stay in the firm for 2 yrs from reimbursement date. I don’t wish to be in the same firm . Can i still apply for CFA scholarship?

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Have ou ever interacted with anyone in the C-suite at your firm?? What was it like?

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You know what? I'm 31 and I don't think I should have to courtesy flush anymore.

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Getting tired of wearing Sperrys with shorts. What do you guys wear with shorts that are mature and classy looking? Not every situation calls for loafers

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Morgan Stanley friends - how are your bonuses looking today?

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Hypothetically what’s the shortest amount of time you should stay in a job without switching. I kinda wanna try my hand at a different industry but don’t wanna kill the experience I have now by leaving too early

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