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Hi all, I am working in capgemini as a fresher and all my joining on boarding got virtually only. Never seen the office at once. Almost 1.7 year got over. Now they are calling me to Bangalore, I have no one and I want initial accommodation for at least 2 weeks other wise it will be very tough for me. They said it is not written in my offer for accomodation so I will not get. But this is unethical if it's not written on offer letter then I won't get. help me to get this accomodation pls Capgemini
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Do I actually hate my job, or is it the pandemic?
When is the recruiting season in tech starting?
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Anything Vanguard.
Vanguard S&P 500!
You don’t want to limit yourself to large cap stocks only. Want to make sure you have some exposure to small cap and mid market as well, as that adds diversification.
SCHB is good - go for a broad market over an S&P tracker
VT
VTI
VOO - agree with ABC1
Not a fund but I use Betterment. Likely meets same goals as what you want (low fee + diversification)
Vtsax
Why broad market over S&P?
Easiest thing is a target retirement fund, it’ll manage asset allocation to become progressively more conservative the closer you get to the target date.
Adding funds beyond S&P 500 does not lead to diversification. This is akin to saying that S&P 500 is more diversified than S&P 450. Reason for tracking all 500 stocks is to avoid stock picking - not diversification.
Now there is some merit in tracking small cap but that is to not miss out on the next Apple and Google. But you have to be prepared for 2 risks. small caps are more volatile. They will gain more in bull market and loose more in bear. Second, there is lesser empirical data in favor of small caps. Most of the studies which make case for index funds are based on S&P 500. I am not sure how will a basket of small + large caps fare against active investing.
Deloitte 2 : Target funds are a waste of money. It's just a gimmick and you are being charged exorbitant fees for it. If you really believe mix of debt + equity fund is the way to lower your risk then create your own target fund. A Mix of passive debt and equity fund - you can chose even the same %ge allocation as some of the leading target funds.
Personally I believe this whole idea is stupid. It assumes that your risk appetite can be summed up in one number - your age. That is as absurd as it gets. What if even at the age of 60 I have some funds that is pure surplus, that I don't need to touch for next 5 years. Then by logic of target funds all of it should be invested in debt funds. But would you do it -5 years is enough time to ride out most of the bear cycle. If this fund is truly surplus than you will emerge richer at the end of 5 years. If however you might have to draw it prematurely during a downturn then you are screwed. Larger circumstances and not just age define your risk appetite
Do some maths on how much you are kissing out on due to fees that you are paying. You will be surprised.