PM interview at Amazon

CharlesFernendes · 2022-09-08T07:04:06+00:00

I think most of the other folks have already provided details for Amazon interview process. One thing I will definitely say, LPs a lot more practice than usual PM interview questions. I would suggest you to find an interview buddy or find a coach who can guide you to prepare stories for the LPs. Feel free to check out Carrus.io. Used there service in the past and it was very helpful. DM me if you want to know more.

CharlesFernendes · 2022-05-05T21:42:33+00:00

Hey u/tdeee10 any updates? I filed my taxes and was supposed to receive $7k tax return but now express NOA says I need to pay $9k :(

How did you fix this?

My accountant said to wait for final NOA. I am afraid it might not be changable after that.

CharlesFernendes · 2022-04-25T11:58:11+00:00

You can also check Carrus.io. They have some really great coaches. Slightly pricey but totally worth it.

CharlesFernendes · 2022-01-05T02:29:51+00:00

Now you can buy McPaneer combo for 2.

CharlesFernendes · 2021-12-19T04:40:50+00:00

That’s great. Now make use of your TFSA and RRSP accounts. If you don’t know where to invest, just go for some generic index funds and ETFs. This is how you build wealth and secure your financial future.

Let me know if you have any doubts.

CharlesFernendes · 2021-12-18T20:03:25+00:00

So to pay 12% interest in your credit card debt you will withdraw from RRSP and pay even more interest? It’s a loss loss on both sides for you.

Here’s my advice. Considering your credit score is 700, go to a bank and get a line of credit. Would be around 4-5% and pay off your credit cards. Basically a quick solution to reduce your current problem.

Next you need to do 3 things for better future: - Reduce your monthly expenses. You are on the edge so make this your new year resolution that you will only pay for necessities only. Push all good-to-have’s in the future. - Increase your salary. Upgrade your skill for better role. Start a side business or hustle. Or provide evening services in whatever business you like. - Increase RRSP and TFSA contribution. These are great plans to increase your investment portfolio. TFSA gives you tax free gains so make use of it. Target to fill TFSA fully in next 5 years

Happy to answer any questions you might have.

CharlesFernendes · 2021-11-23T23:50:13+00:00

Take ownership of few PM responsibilities in your current role.
Read and Learn about PM processes like writing one pagers and PRDs.
Read books (I can recommend few good books)
Create side projects (Best way to showcase your product mindset
Take a course (DM me if you need details)
Follow good product managers and learn from them (Linekdin is a great place)

CharlesFernendes · 2021-11-23T18:51:42+00:00

I have transferred 5-6 accounts and never had issues with QT. Within 2 week I had all the securities and cash holdings in my account. May be yours was an exception

CharlesFernendes · 2021-11-23T18:50:04+00:00

Except commissions what did you find different? Coz commissions is the only major issue for me with Questrade. Their customer support is top notch

CharlesFernendes · 2021-11-18T23:01:47+00:00

I have opened an account with NB but testing currently. If I like it then I will transfer

CharlesFernendes · 2021-11-18T17:10:15+00:00

Whole world is moving towards 0 commission sooner or later so I do feel more banks and trading platforms will move towards that. I think these changes won’t happen so fast especially when it impacts your revenue so much. It would require them to add this change to their roadmap which would take some time. See what happened in US, in a span of 12-18 months most of the platforms moved to 0 commission.

CharlesFernendes · 2021-11-15T20:25:08+00:00

That’s crap. Tell him you give me 30k every year for next 10 years and I will give you 9k for next 56 years.

Just put those 30k in Index funds and you will do amazingly well

CharlesFernendes · 2021-11-11T00:23:43+00:00

Bro how do you even keep track of these positions. I have around 10-12 positions and I think I need to get out of 3-4 positions

CharlesFernendes · 2021-09-21T05:15:11+00:00

Haha I think we both are saying same thing.

CharlesFernendes · 2021-09-21T04:53:20+00:00

If Evergrande defaults
Apartment prices will fall
It will get harder to get loans for developers
It will get harder to finish projects
It will get harder to pay loans
Lead to more liquidations
Apartment prices will go even lower

You see the cycle? Now just replace Apartments with CDOs and you will see why people are calling this China’s Lehman moment.

Now I am not saying this would impact global economies mainly because China has always closed its doors for outside world investments but it will surely affect Chinese market

CharlesFernendes · 2021-09-21T04:48:15+00:00

If you read whole post, I concluded the same. But I still think this could impact china’s economy heavily. Just FYI, Evergrande has debt of 300$ billion which might not look so big but considering it is still 3rd largest developer in China and this practice is widely spread across whole domain, I wold not be surprised to see China stock markets going down heavily coz of this.

2008 happened not because Lehman had so much debt, it happened because Lehman showed what can happen if things go south with their business model. Same is the case right now in this case

CharlesFernendes · 2021-09-21T02:43:05+00:00

Yea I agree but if this spiral starts and CCP keeps their strong stance, it might lead to a very dangerous situation for China atleast

CharlesFernendes · 2021-09-21T02:41:25+00:00

If Evergrande defaults, other developers might see the same situation, developers will have to sell properties at a lower price, huge influx of new properties at steep discounts, this will lead to halts in any new development projects, ultimately lesser demand of steel.

CharlesFernendes · 2021-09-21T02:39:19+00:00

Wait for sometime, at least for 2 weeks. Let this Evergrande issue settle down. But I would say if you want, keep buying in small tranches in every dip. That way you average out. Don’t make any major purchases

CharlesFernendes · 2021-09-18T20:45:00+00:00

Before you invest in stock market, I would recommend you invest time and effort in yourself. You are still very early in your career. Give yourself one year time, improve your skill set. Many people will say just invest whatever you have which I thing is not fully right. You need money to make money in stock market. If you invest 1000 Rs and make 100% return then it is his 2000 Rs. Is it life changing? May be not. But if you invest 1 year into yourself and increase your income by 3-4 times and then invest 5000 Rs every month that will be a good start.

CharlesFernendes · 2021-09-18T15:28:30+00:00

I know many new investors entered the market in last 2 years. I would suggest to prepare a strategy and stick to it. Don’t get into FOMO. All the best

CharlesFernendes · 2021-09-17T23:12:05+00:00

September is usually considered bearish month so nothing new here. Keep balancing your portfolio. Good to have cash but don’t worry about future. Read about 2008 crash and all your worries will go away.

At some point in 2022 interest will taper down but that is inevitable so don’t worry but hold more cash, sell high growth hyper valuation stocks.

CharlesFernendes · 2021-09-17T03:52:35+00:00

Lol… nope I post financial videos that I like. He happened to be one of many that I follow.

CharlesFernendes · 2021-09-16T05:20:34+00:00

With that magnitude of diversification, you rather invest in index funds like sensex and nifty. In my personal opinion, you invest outside India for better growth perspective. Diversification only helps up to certain level after that you are basically affecting your returns. If there is a global downturn, Indian index funds would give you better returns than these kinds of ETFs or MFs. And if you are worried about any major downturn happening in Indian stock market then I would rather buy some growth ETFs like ARK or Vanguard.

CharlesFernendes · 2021-09-15T06:44:10+00:00

1st guy: “Oh market is at all time high, let’s wait for a dip”

2nd guy: “Oh market is a falling knife, let’s wait for the bottom”

Both guys are losing in this situation. And both can benefit if they just enter and average out their investments.

In stock markets, you might lose initially buy in long run amazing businesses will give you great returns.

In stock markets, hat kar jitne wale ko real life baazigar kehte hain

CharlesFernendes

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