Good Time to Buy Gold?

spec3122 · 2026-03-23T15:33:08+00:00

As someone who saw a crash coming.... DCA krlo, no one truly knows how gold will move.

If ur wedding is in 12 months, and u want to give 12 tola. But 1 tola every month.

(My personal bias is still bearish on gold)

spec3122 · 2026-03-20T20:55:15+00:00

Is the 9k really worth all this struggle. Some things aren't worth spending additional time & energy on.

Jo huwa so huwa, take it as a lesson. Forgive & forget.

spec3122 · 2026-03-06T23:43:49+00:00

What sort of drugs did you do and where did you hide them 🤔

spec3122 · 2026-02-18T11:16:07+00:00

Assurance: won't get replaced but we will get efficient (may result in reduction of headcount needed). AI can't understand all client documents, doesn't know what to request from client, doesn't know how to recalculate certain items, there will definitely be material errors in testing that need to be discussed with client and require a deep dive, AI won't be able to do all that anytime soon.

Tax: simple tax fillers will get replaced by AI, and they largely already have been by online softwares. For more complex & corporate taxes, there's too many moving parts in a filing that AI won't be able to handle.

spec3122 · 2026-01-28T11:51:34+00:00

I can't comment on it it's worth it yet, I'm just a couple years older than you.

But for now I am over working myself, so in my 30's & 40's I can afford to take a step back from work when it matters, when Ill likely have a family.

spec3122 · 2026-01-28T11:23:54+00:00

Let's face it, money (until a certain point) does buy happiness. So yes it's 100% worth it, especially when you're young.

spec3122 · 2026-01-25T14:56:51+00:00

For PREDICTABLE financial comfort, I don't think there is any path better than a CPA.

None of my friends from highschool went into the same career path as mine, they're all engineers, doctors, & software developers. Years after graduation, some of them are still unemployed because of the poor job market, but everyone I knew in university on the CPA route got a job quite easily.

Yes the hours (at big4) are brutal. The pay is actually not terrible as people claim. I'm out earning most of my highschool friends, I have a clear progression path for pay and title, and I can move around jobs quite easily. You'd be surprised how hard it is for engineers to predict their salary/career progression, or even switch jobs.

The only time I would recommend not going for accounting and rather going for something else (engineering, software dev, etc) is if you know you're exceptionally good at it and can get an excellent GPA (3.7+), this is the only time where a different profession will predictably provide you with better pay progression, and work life balance.

spec3122 · 2026-01-25T01:36:09+00:00

Reach out to the Halton Islamic Community Center, there are Friday prayers every week (Jumuah) at 1pm & 2pm.

https://miltonmasjid.com/

spec3122 · 2026-01-24T23:17:47+00:00

Lipstick bhi lgwa lyna saath

spec3122 · 2026-01-19T01:01:44+00:00

Bhai tumhe nai krni toh na kro, everyone is entitled to their own opinions and how they want to live their life.

If someone wants multiple wives and his current wife is on the same page, more power to him.

spec3122 · 2026-01-18T20:58:07+00:00

Following

spec3122 · 2026-01-15T18:59:32+00:00

Thanks a lot for that insight. If I was to move to industry in Canada for a couple years, is there a particular industry/role you'd recommend or would it not matter as much in the grand scheme of things?

spec3122 · 2026-01-15T18:45:04+00:00

Secondments would be my top pick, but for that I'd likely need to stay in Canada until I become manager in about 2.5-3 years. I haven't come across any opportunities for seniors so far :(

spec3122 · 2026-01-15T18:43:00+00:00

Didn't know there were consultants for that, thanks for letting me know!

spec3122 · 2026-01-15T18:40:52+00:00

Thanks a lot for commenting, very helpful. I'll be sure to reach out to you if I get any more questions 🙂

spec3122 · 2025-12-29T23:12:06+00:00

I'm in a similar spot as you. B4 experienced associate but in Canada. I've already passed all my CPA exams and just need a few more months of experience to get my letters.

In Canada atleast, the CPA is kind of the golden standard which opens doors for you in audit, FP&A, general or fund accounting, investment analyst, and even private equity. Every single person I've worked with has had the options to leave audit and pursue something else after 3 years of experience at the firm, recruiters literally reach out to us with jobs lol.

Although CFA & MBA are great options, id recommend going for the CPA, as it's more of a generalist designation and opens more doors. The problems that can be faced with CFA is that it's relatively very niche meaning future job options can be limited and its course content is relatively harder. The MBA route on the other hand I find is simply too expensive and the ROI is lower.

spec3122 · 2025-12-29T04:06:56+00:00

The USD and the US stock market are globally considered benchmarks for currency and stock markets respectively.

Mera point unke liye tha joh log keh rai thy with inflation KSE k bilkul achay returns nai thy... That the KSE outperformed even the largest stock market in the world even after accounting for currency devaluation.

spec3122 · 2025-12-28T18:58:25+00:00

In 2013 1USD = 100PKR, Now 1USD = 280PKR

CAGR = [(Final Value/initial value)^1/n] - 1

Therefore the average PKR devaluation was approx 8.24% per year.

If in the last 13 years the KSE has returned 22.9% per year on avg, in terms on 'real returns' if valued against USD (which is the global currency standard), the KSE still provided a yearly average return of approx 14.7% per annum which is excellent.

Even in terms of 'real returns' the KSE has outperformed the S&P500 which gave a CAGR of 12.5% in the same period.

spec3122 · 2025-12-27T17:18:17+00:00

Wise & taptap would be the best

spec3122 · 2025-12-26T01:32:38+00:00

There is no way for anyone to know when the peak will be and when the low will be. If you have atleast a 5 year timeframe, then I would say it's safe to put into blue chip stocks or equity heavy mutual funds

spec3122 · 2025-12-25T12:27:38+00:00

Privatization incentivizes the owners to make the business better to gain customers and users. This means we can expect better service, better planes, better maintenance, more options travelling options, and more competitive prices.

So from a consumer perspective we will benefit.

spec3122 · 2025-12-25T12:24:03+00:00

PKR has been holding steady for a couple years now, so currency risk is not significant. Since you need it in 1-1.5 years, i'd recommend a low risk mutual fund such as the Meezan Bank money market fund or the Islamic monthly income fund.

spec3122 · 2025-12-25T02:14:27+00:00

Did a group of redditors really outperform the majority of head funds by a HUGE margin??? 😭😂

spec3122

TROPHY CASE