Interest rates up even more

[jaathiratnalu]

16 minutes ago, DesiPokiri said:

Last year kuda ide chepparu, 8 months nundi holding paisal anna

buy in small units and try to avg it .. 

[Manishican]

Stocks, house prices, unemployment need to go back to pre covid level

[rmJU72]

28 minutes ago, DesiPokiri said:

401k lo em options lo invest cheyyali bro?

I’m not an expert, and don’t think anyone else is.

S&P index funds are the cheapest and safest bet long term. It’s boring but that’s what it is.

i also suggest you invest the full 60k plus(incl after tax 401k) into 401k if u can. I do that every year.

 

[Manishican]

IT Hiring in non tech companies still very strong

[Kurrodu1]

23 hours ago, rmJU72 said:

I’m not an expert, and don’t think anyone else is.

S&P index funds are the cheapest and safest bet long term. It’s boring but that’s what it is.

i also suggest you invest the full 60k plus(incl after tax 401k) into 401k if u can. I do that every year.

 

60k plus into 401k? Kottaga undi

[rmJU72]

53 minutes ago, Kurrodu1 said:

60k plus into 401k? Kottaga undi

https://www.nerdwallet.com/article/investing/after-tax-401k-contributions
 

• The after-tax 401(k) limit lets you contribute additional money to a 401(k) beyond the $20,500 2022 pre-tax limit.

• The after-tax 401(k) contribution limit is $61,000 in 2022, or $66,000 in 2023.

• Once you and your employer contribute to your 401(k) with pre-tax dollars you can contribute with post-tax dollars up to the $61,000 limit in 2022.

[quickgun_murugun]

On 12/31/2022 at 7:37 PM, Ravi860 said:

Almost every builder is luring buyers with ARM now.. 3.99 first year, 4.99 for 2nd and 5.99 3rd 

Yeah 

[Kurrodu1]

17 hours ago, rmJU72 said:

https://www.nerdwallet.com/article/investing/after-tax-401k-contributions
 

• The after-tax 401(k) limit lets you contribute additional money to a 401(k) beyond the $20,500 2022 pre-tax limit.

• The after-tax 401(k) contribution limit is $61,000 in 2022, or $66,000 in 2023.

• Once you and your employer contribute to your 401(k) with pre-tax dollars you can contribute with post-tax dollars up to the $61,000 limit in 2022.

What's the point in contributing to 401k with after tax. I don't see any benefit. It's same as investing yourself with after tax money

[ARYA]

On 12/31/2022 at 9:48 PM, pakeer_saab said:

We are in 1981 type situation, which means interest rates will not go down for at least 3-4 yrs. H1's should be totally out of this market, if someone thinks they are better, they can surely test their stress levels

lol why man..

[ttr2tr]

On 12/31/2022 at 1:22 AM, kakatiya said:

Inka growth sankanakinatle..2024 lo grand recession.. this year is like nippu ravva 

2020 nundi ide antunru kada vayya

[rmJU72]

15 hours ago, Kurrodu1 said:

What's the point in contributing to 401k with after tax. I don't see any benefit. It's same as investing yourself with after tax money

You convert it to Roth after contributing to after tax 401k.

[Sucker]

Covid on the way. Low Interest rates paisal printing stimulus ki ready avvu ri antunna @perugu_vada

[summer27]

On 12/31/2022 at 1:22 AM, kakatiya said:

Inka growth sankanakinatle..2024 lo grand recession.. this year is like nippu ravva 

ide mukka 2022 lo kooda chepparu..

[kakatiya]

5 hours ago, summer27 said:

ide mukka 2022 lo kooda chepparu..

2022 lo you already saw stock market collapse and companies going to self protection mode

[Manishican]

Either inflation should come down or unemployment need to go up.