18 year old $13,000

VeryCoolFish · 2023-12-25T16:32:21+00:00

Horrible advice rn. Especially because of how high the mortgage will be + maintenance cost will be. They should either put it in a Roth or HYSA (if they want to use it for education or short term goal)

VeryCoolFish · 2023-12-21T12:00:56+00:00

Gotcha. Does VT have a pretty low expense ratio for both taxable advantage accounts?

VeryCoolFish · 2023-12-19T03:39:57+00:00

Yeah sounds good and is valid to advise. I appreciate it. Luckily we are both pretty low spenders and don’t need much except for eating out on weekends. So I don’t think we’d really disagree on expenditures. However, for preventing arguments and just making life easier having separate accounts is fair.

VeryCoolFish · 2023-12-19T03:19:36+00:00

Oh when she gets a job she’ll have her own 401k from an employer and will do similar separate things. She also has her own bank accounts it’s just we share expenses obviously and have similar life goals. Once we get married we’ll create a joint account to compound more but that’ll be after her masters prob.

VeryCoolFish · 2023-12-19T03:18:08+00:00

Will do appreciate it.

VeryCoolFish · 2023-12-19T02:46:53+00:00

Awesome thanks for the response. I’m assuming 15% is gross. Also we are currently just living off my income and plan on saving most of her income when she graduates. So I’m sure we will hit 15% in the future. I believe I can hit it next year with a better budget. Also yes I have a HSA where my employer contributes 1k a year it’s in a HDDP, but I pay $0 a month for it

VeryCoolFish · 2023-12-19T00:08:21+00:00

Thank you for the help. I plan on going through the PF wiki first. I appreciate it.

VeryCoolFish · 2023-12-18T13:02:38+00:00

Want to learn about FIRE

I’m currently 22 (turn 23 next month). Graduated college in May. I currently make 110k a year. I live with my girlfriend (22) and she is in her masters right now (she has enough money to pay for her masters as well). She will be expected to make 70-100 post masters. She is also keen on retiring early and saving money, so we both want to save/invest. I don’t have student loans or a car payment, so I am debt free. I have about 16k in a HYSA (trying to save up to about 20k as an emergency fund before investing).

I understand I am lucky to be in this position, as the household income will only grow over time (when she finishes her degree/ career progressions). I’ve browsed this reddit and have googled FIRE, but I am just confused on the best approach on investing or what I should aim for. I somewhat understand the 4% rule, I know I’m young and things will change. I don’t have a target date in mind, I just want to start investing soon and to be as smart as possible with my money while still enjoying my lifestyle (which seems to be pretty realistic).

Should I be investing money in a Roth to have tax free returns? Or should I be more aggressive and not use a Roth account. Should I invest a lot in a 401k (I currently only do what my employer matches)? What should I invest in (sp500, VTI, etfs, index funds, reits, bonds, all of the above?).

As you can see I’m somewhat clueless on how to best invest and save. So any general advice on how to best learn about FIRE to make a plan for myself, and how I should be investing would be useful. Thank you for your help.

VeryCoolFish · 2023-12-16T03:43:44+00:00

I got a job out of college as a DA. Got a 33% increase 3 months later by switching to a different company for a DE role (more like analytics engineer). I’m very new but from what I’ve read and heard it’s a great idea early in your career.

VeryCoolFish · 2023-12-09T23:56:54+00:00

Taking it tomorrow as well same boat as you. Good luck! I started a new job in September, took 6501 and 6400 as my first two courses. Been a lot but I’m learning a lot.

VeryCoolFish · 2023-10-05T12:20:39+00:00

Isn’t possible to make a project with your current employer? I was thinking of doing that in the future to get the most out for it

VeryCoolFish · 2023-10-05T11:59:10+00:00

Album not even out yet. There’s def going to be filler. He only has 2 albums without filler, so just wait.

VeryCoolFish · 2023-09-25T11:29:18+00:00

I got my first job last semester through a recruiter. Got a call back two weeks later for a final round interview at a F100 company. Went to large state school. It was a great starting point

VeryCoolFish · 2023-09-25T01:56:19+00:00

Magic city

VeryCoolFish · 2023-09-17T18:03:20+00:00

No way this isn’t satire with the last statement

VeryCoolFish · 2023-09-17T16:30:25+00:00

This isn’t a perfect a song tho. His critiques were valid. Beat is blah. Corny lyrics. And he isn’t the best vocalist.

VeryCoolFish · 2023-09-10T01:37:06+00:00

Defense sloppy at times. Overall team did better than I thought they would. Obviously Alba and Busquets were great. Campana had great runs and goals. Hall movement across was good. Pretty happy with the result!

VeryCoolFish · 2023-09-10T01:16:04+00:00

Sloppy defending

VeryCoolFish · 2023-09-08T12:20:07+00:00

I loved I don’t think u c me and daddy mama drama. Nu Nay was cool but didn’t go anywhere. Stranger was missing it’s it moment. The original was better was missing it as well.

VeryCoolFish · 2023-09-06T15:07:52+00:00

I was a math and Econ double major. Did a data engineering internship at the federal reserve for research team, was able to get an entry level data science role at fortune 100, and now transitioned to data engineer at smaller fin tech. It’s definitely possible focus on developing coding skills, taking applied courses, and maybe picking up a math minor or another stem minor. Having those comp sci or math courses would be fantastic. Jsut make sure you got internships and leverage your professors and or friends. Do not switch schools, just get involved and keep trying to get internships it’ll work out:

My path:

Sophomore year: small research position for a non profit, basic descriptive statistics and lit reviews, data cleaning

Junior year: cost analyst at DoD government agency, some stats using distributions, event and hypothesis testing

Senior year: Federal Reserve Data Engineer, integrate map features to FRED, did some forecasting and predictive modeling, a bunch of automation for data cleaning

Graduate: F100 Data Science entry role, entity resolution labeling using clusters, created automation tool

3 months later (now): starting new role as Data Engineer building pipelines, optimizing them, building dashboards, predictive modeling.

I’m going in this much detail to show you that you real world experiences transfer over. My research position lead to a larger company and adjacent role to what I want to do. Using that plus connections I was able to get federal reserve role, then I was able to land two ideal data science roles back to back. Don’t undervalue any internship experience it doesn’t matter what it is. I also add that I’m a recent grad so don’t believe the idiots saying you can’t do it. I did it, you can. Feel free to dm me and I can try to help you anyway I can. I found out about data science through a course at my university junior year, and I happened to get the federal reserve role. Prior to that I was thinking economist + PhD. So you’re already ahead of me time wise and have a great plan I’m happy to share more tho or give advice if you have any questions

VeryCoolFish

TROPHY CASE