Let's be honest. $10 million is the new $1 million and you can't even buy a decent family house with $1 million in MCOL/HCOL. $5 million is definitely adequate for living a moderate lifestyle but is nowhere near luxury. I believe $10 million now defines the true wealth. Just a little rant. Reached ...Read more
Just calculated my NW and it's abysmal. Here's some background, M32 HW eng Ms + 6yoe moved from MCoL - low TC job to HCoL - medium TC job Single soon to be married, (spouse won't earn for next couple of years) Cash : 162k Stocks: 123k Retirement: 82k Car : -40k Nw : 327k I see folks my age ...Read more
Looking at switching jobs to a public company with quarterly equity grants. Current offer is ~70k in equity. What is it like to receive publicly-traded, liquid equity grants? How do companies typically set blackout dates? How do folks maximize savings via equity? Sell bit by bit, all at once, or hol...Read more
Tired of working here and these immigration stuff, want to move whole family back and lay back. Current NW about 1M with 2 kids. I am thinking put money in US bank and take interests back, its about 50k/yr, later if it down to 3%, about 30k/yr Is this enough to retire?
Want to take a chance of putting 50-100k over next year… NOT on Domestic or global ETF /SPY/VOO. Which one you think will it will be? #personal finance #personal finance
After leaving US, it looks like I can keep my US bank accounts and credit cards open. How about brokerage account with Fidelity and Schwab? I plan to call them this week but want to hear others’ experience. Thanks.
I am considering responding not guilty in email instead of in person. This will be the option of contested hearing (by mail)? Anything else I need to consider? I took right on red light signal in Washington when there was no chance of any pedestrian on right or any incoming traffic from left. I st...Read more
I did the calculation for if I get fired in my first review cycle, how much cash I would have and how far unemployment would take me for 6 months. Assuming I get fired January 2025, I can survive until Sept 2027: Cash on hand if I'm fired after my first cycle: $139k Cash after Unemployment: $124k M...Read more
In the DC/VA/MD area a 1-2 bed condo or townhouse in the neighborhoods we’re interested in typically go for an average of $4k a month in rent, or $800k-$1.3M to buy comparable (so monthly cost of $7k-$10k for mortgage + other expenses to owning). That’s the cost for places that aren’t even that nice...Read more
Hello, I'm wondering if I can afford this car. I'm pretty frugal with my money so this big of a purchase is scary to me. I've done a ton of research/test drives and really like the Mazda3 GT Turbos. I'm not 100% inclined to get the turbo vs non-turbo, but was wondering some thoughts. I basically got...Read more
Feel free to share the location and TC vs. mortgage amount in comments
M*****F’s - they take 33% + 18% on all products & There are NO basic amenities in the county 🇮🇳 - there is NO drinking water - No clean air - no quality education for free - don’t get me started on road conditions - HealthCare: we witnessed what happened during Covid. Now rumors about vaccine...Read more
i know the general rule of thumb is 30% of take-home monthly income. Moved to New York recently but throwing that much money personally feels like an opportunity cost. Mine is around 10~13%. TC: 240k
I’m setting my sights on buying a home in Southern California within the next 3-5 years. I’m flexible about the location; it doesn’t have to be right in Downtown LA, but ideally, I’d like to stay within a 100-mile radius of the area. I’m here seeking wisdom from those who’ve navigated these waters....Read more
I’m a US citizen, verified all their things, and uploaded photos of my driver’s license
5K mortgage (3.5K interest, 1.5K principal) 4K - 2 kids daycare 3K - Miscellaneous (1K utilities, 1K groceries, 1K restaurants home delivery) TC: 300K
Tbh until kid is done college and started earning would you truly FIRE? Even if you have a paid off home and a car etc. Would you still be able to leave the crores of rupees and hundreds of k of dollars ? I found a blind post where someone in 40 had kids already aged 15. Couple more years and they ...Read more
Wondering which is a better move - also has anyone used fidelity to pay for taxes? What account type should I get opened Tc 240k
You and your wife/partner vs your parents.
So I have a 2020 Jeep Gladiator, bought for 40 something and it’s worth 30 something now. I live in CO so figured an AWD would be good for this weather and it’s outdoorsy, although I don’t use it much for “outdoor stuff.” Busy with life. I also bought the long term warranty plans at dealer cost on t...Read more