1. Search Results

  2. Wilbur Ross "Take a Loan" Comments

    Heard Wilbur Ross's comments early about government employees going to homeless shelters/food banks as they are on the eve of missing a second paycheck. Just wanted to hear the finance/"Oasis" thoughts on this matter. For me, on one hand, o ...

    203 comments - 13 silver bananas - Jan 29 2019 - 10:46pm -

  3. Where Do You Put Your Short-Term Savings?

    As the title suggests, I'm curious to see where the monkeys of WSO are allocating their savings. I just finished my first year as an analyst and having some difficulty choosing how where to put my disretionary savings. I started out saving very aggre ...

    145 comments - 2 silver bananas - Apr 12 2019 - 3:04pm -

  4. I cant save money

    Third year analyst here at an EB in NYC. Title says it all: I cannot save any money in NYC! Not blaming this on the cost of living here, although very high, my spending habits are also very poor. How do you guys manage to save money here, and for those th ...

    126 comments - 6 silver bananas - Apr 12 2019 - 2:42pm -

  5. The Last "what should I do with my money?" Thread (hopefully)

    Since I became active in WSO several weeks ago, I've noticed a few threads on "I have this much money, what should I do with it?" And the amounts have ranged from $2,000 to $20mm, and to put it bluntly I'm tired of people giving stock ...

    108 comments - 23 silver bananas - Apr 21 2016 - 7:07pm -

  6. Secret Shame of Middle Class Americans

    I was surprised that no one had posted this already, this article has been very popular and I've seen it pop up in multiple places. "The Secret Shame of Middle-Class Americans" Nearly half of Americans would have trouble finding $400 to pay ...

    55 comments - 4 silver bananas - May 8 2016 - 11:00am -

  7. How much of your salary do you save?

    Just curious, how much of ones salary should someone save percentage wise? is it worth being frugal as possible? Places like London and new York have ridiculous rent rates, do you even have much to save after paying these? Personal finance ...

    92 comments - 0 silver bananas - Sep 1 2014 - 1:41am -

  8. Stupidest personal finances you've heard of

    A manager I had when I worked at Wendy's was 26 years old had worked at Wendy's for 8 years. He also lived with his mom, he said that his most valuable asset was a 2010 Acura Tsx. What are some personal finance stories that you've heard of ...

    84 comments - 0 silver bananas - Feb 19 2012 - 12:57pm -

  9. The $2,000 Question

    $2,000 may not seem like a big amount of money, but if an emergency were to happen in your life, could you come up with that $2,000 quickly without having to borrow? It turns out that half of the American population can't. According to a research by ...

    24 comments - 0 silver bananas - May 27 2014 - 1:08am -

  10. The Real World

    I'm deviating a bit from my thematic postings today to focus on a few observations of adulthood that I'm curious to hear your input on WSO. It's funny- we all grow up a significant amount in college, but I feel that I've grown more in ...

    27 comments - 1 silver bananas - Nov 8 2012 - 8:45am -

  11. Personal Finance: Credit/Debit Card, Checking/Savings Account, Index Fund

    Right now, I'm 20 and I have about $20k to my name. It's all sitting in a checking account with no fees. I pay for things with a debit card. I want to start a credit card to build my credit history. I also recently opened a low-fee brokerage acc ...

    28 comments - 1 silver bananas - May 20 2013 - 12:27pm -

  12. What's Your Personal WACC?

    It's a well-known fact that the vast majority of us finance types can do amazing things with other people's money while consistently shitting the bed with our own. I was inspired to write a post addressing this topic today because I was trying t ...

    19 comments - 0 silver bananas - Jul 30 2012 - 4:45pm -

  13. Nasty Spending Habits We Should Really Avoid

    Can't resist that latest Louis Vuitton bag and MAC lipstick? Envious of your officemate's new iPhone? Can't live without having two or three cups of latte every day? The pleasure of having a job is having money enough for you to survive, bu ...

    21 comments - 0 silver bananas - Mar 26 2012 - 1:29pm -

  14. Perfect Credit? You're Screwed.

    Imagine going into your favorite retailer and when you're checking out, the clerk asks if you want to apply for their in-store credit card to save 10% on your purchase. Why not, you think, and you quickly submit the application. It comes back decline ...

    17 comments - 1 silver bananas - Jul 26 2010 - 5:26am -

  15. Do you typically owe taxes as an analyst?

    I just filed my taxes (using TurboTax) and it turns out i owe taxes. I'm a second year analyst so last calendar year was my first full year of work (during which I received my bonus). The standard amount of taxes is already withheld from my paycheck ...

    19 comments - 0 silver bananas - Apr 15 2010 - 10:22pm -

  16. Lest We Forget: Strategic Default

    Strategic default hasn't been making much news lately, the housing market narrative having moved to the MERS mess and the various facets of Fraudclosure. So I was a little surprised to read that the Mortgage Bankers Association held a panel on strate ...

    10 comments - 0 silver bananas - Mar 2 2011 - 7:52am -

  17. Will this investment tracking tool make private wealth management douchebags extinct?

    We all know the name of the game for private wealth managers- schmooze the client, just perform average, send the client flowers on their birthday, get paid, and in general being a big tool. This new tool by Wikinvest can finally put wipe them out (at lea ...

    9 comments - 1 silver bananas - Jul 8 2010 - 12:12am -

  18. Do you think taking out a mortgage this year is a good idea?

    In particular when considering buying real estate in London (flats, houses....). Interested to hear what London dwellers think about the property market in the UK + UK public finances + UK growth prospects coupled with the prospects of a career in finance ...

    7 comments - 0 silver bananas - Feb 22 2012 - 1:34pm -

  19. Hello From Wisconsin

    Hey guys, ...

    5 comments - 0 silver bananas - May 12 2014 - 11:17pm -

  20. Hedging Your Career by Shorting Your Industry or the Market

    Found a half-way interesting article (Oyer, 2006, Stanford) on the ROI of finance careers and MBAs for launching finance careers. Rather blah article and I DO NOT want to bicker about MBA ROI, but the final line stuck out to me: "The results also sug ...

    3 comments - 0 silver bananas - May 28 2013 - 10:11pm -

  21. No 401K match- should I bother?

    Hi Monkeys, Curious to get everyone's thought on this. My company does not offer a 401K match, so I'm trying to figure out what's the best bet in terms of savings. My thought is to contribute after-tax to a Roth IRA, as the fund I get throu ...

    2 comments - 0 silver bananas - Nov 5 2016 - 11:58am -

  22. After Tax Income NY vs. CA

    What is the tax difference on a 85k salary and 60k bonus in NY vs. CA? Personal finance ...

    2 comments - 0 silver bananas - Feb 8 2016 - 4:31pm -

  23. Personal Finance Advice for Young Professional

    Hi All, I just recently graduated college and have begun my life working in the "real world". As a result, I want to make sure I am doing everything possible with my money to improve my life/future/retirement/etc. going forward. I would greatly ...

    1 comment - 2 silver bananas - Dec 1 2017 - 1:18pm -