I want to know how much money you guys were putting in the bank , investing, 401k, Roth IRA, anything and everything every month after your expenses like student debt, car loans, rent, taxes, lifestyle, etc. #tech #salaries #investment
My NW now is around 600k something and my target is to be millionaire by 2025 I have around 150k sitting in cash in my bank and I can invest may be 50k. Always wanna have a buffer of 100k if anything goes wrong. What should be my strategy.? One goal is to switch and get better salary and RSUs to...Read more
Me and my fiancé have cash sitting at 100k. We are 29 YO working at Amazon and Microsoft. Combined salary at 320k. We have around 100k sitting on our bank account, we wanted to invest it somewhere. I wanted to invest in tech stocks like Amd, palantir, some EV stocks etc... Her, good dividend yiel...Read more
TC: $200k @7 YOE Locations: - Philadelphia, PA - Malvern, PA - Dallas, TX - Charlotte, NC - London, England - Melbourne, Australia - Toronto, Canada Comp Benefits: - 2 Bonuses (midyear, year end) - 10% of salary auto invested into your 401k annually - 4% 401k match - $2,400 HSA annual con...Read more
Do you factor in RSUs when it comes to housing affordability and budgeting? Using base alone is the most prudent, but having a hard time finding anything decent at the price that affords (have a family so 1 bedroom shack doesn’t cut it). Very frustrating time where interest rates have doubled yet ho...Read more
My banker just told me I can only afford up to $3.4M purchase price, down from $3.75M a month ago. Perfect example of reduced affordability which could be a headwind to house prices. This is primarily since interest rates have gone up and I have reached the 43% debt limit (based on my base and bonu...Read more
Hi, I have ~50L in bank account and wanted to invest it somewhere. I do SIP for index,debt, US s&p500 every 15 days from my monthly salary. I already have a flat, sufficient gold and FDs so don't want to add more in that. What other options do I have if I am looking for long term growth? Should I ju...Read more
I'd love to short some of these crazy priced tech stocks now that they're starting to burst. Is there any bank or fund that lets employees short single stocks? I didn't mind giving up my investing freedom back when I had no money and salaries were higher than SV but the rules are starting to chafe...Read more
I have always been in Tech and since last 2 year since market was in a bull run , I am sure there were many Hedge funds and IB investors who would have made fortunes for their company and also massive bonuses, why are there no stories around it on Internet, why do we only see tech chaps crying out l...Read more
Just looking at the Wall Street Oasis salary database, it seems like Lower MM PE Analysts make $114K + $10K SB and work at least 70-80 hours/week. Associates make more of course, but what are the chances of making it to VP either starting out of undergrad as a PE Analyst in a Lower MM fund or coming...Read more
TC: $100k Locations: - Malvern, PA (Tuesday-Thursday) - Remote (Mondays + Fridays) Comp Benefits: - 2 Bonuses (midyear, year end) - 10% of salary auto invested into your 401k annually - 4% 401k match - $2,400 HSA annual contribution (Individual) Vanguard’s Cloud Security Team is looking for a ...Read more
Been making over 200k (annualized) for the past few months. The 200k is a sum of cash (salary) + Amazon RSU. I want access to some good investment opportunities but I need to provide proof that I made over 200k in the last 2 years (i. E. Accredited invester). Of course I don't have that right now bu...Read more
I have roughly INR 7 lakhs in bank account which I need to invest. Initially I was thinking to keep it as my emergency fund but I am still confused if I should keep it as emergency fund. My current portfolio. MF: INR 4 Lakhs ( 50K SIP ) Stocks: INR 14.5 lakhs ( Msft vesting continues.. ) Rest is i...Read more
Hi, I moved to India few years back and planning to move back to US in future. I have 750k in USD banks and investments. I own a house in tier-3 city in India . I am planning to keep 50 lakhs in India Fixed deposit in one of the big bank for my India expenses. Currently not working so not posting TC...Read more
Like many bay area couples we are software professionals and make decent money say close to 500k family income. Since i make 75% of our family income, all my income goes in to a joint account and every expense is paid from there but my spouse does not contribute much from his/her salary. Am i crazy...Read more
Like many hear, I’m fortunate to be in a pretty good spot financially. I get a good salary, live modestly, and save a lot. However, I feel like I’m being an absolute idiot not investing this money better to let it grow. I have an absurd proportion right now even sitting around in a bank account 😳 ...Read more
Suppose someone has a TC of 300K that they earned in a year, 150K of which were part of stock grants, and the other as part of your salary. Assume that the value of those stocks are relatively the same for this scenario (I.e. they didn’t increase by much), and that they were sold and completely cash...Read more
TC:300k Monthly expenses: $2000 apartment rent + $1000 car + $1200 grocery and other expenses I contribute 4% of my base salary in 401k and also contribute in FSA. I am not sure if I want to stay in the USA in future or return back to India. Should I increase contributions to 401K? I don't keep t...Read more
It's not a secret that W2 income is taxed the most out of all other income types. Why don't companies use any of the following ways to get out of the payroll tax and keep our taxes and their expenses lower? 0. You get paid a small nominal salary, just barely enough to cover health insurance. 1. A ...Read more
I am in the offer stage from a lead design role at a regional bank similar to something like Huntington Bank if you're familiar with it. They're investing heavily into digital and growing out the UX team and related roles. I like the hiring manager and what everyone tells me around culture. Right no...Read more