Search found 88 matches

by oilrig
Mon Oct 01, 2018 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Salary negotiation: saying a number first on purpose?
Replies: 43
Views: 3946

Re: Salary negotiation: saying a number first on purpose?

I work in HR and deal with external offers everyday. The problem with stating a number that’s too high is you could accidentally price yourself out of a job. If you’re making $80k, the new company is willing to pay $100k max, but you tell them you want $150k, then the company will just say Nevermind...
by oilrig
Fri Aug 24, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Have you made short term sacrifices to gain long term success?
Replies: 17
Views: 1826

Re: Have you made short term sacrifices to gain long term success?

In my late 20’s I accepted a work assignment in rural North Dakota. The incentives were free housing, car, monthly allowances, extra bonuses etc. I spent 2.5 years there and it was one of the best things I’ve ever done. I was able to save $250k while I was up there; and the work experience looks gr...
by oilrig
Fri Aug 24, 2018 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Have you made short term sacrifices to gain long term success?
Replies: 17
Views: 1826

Re: Have you made short term sacrifices to gain long term success?

In my late 20’s I accepted a work assignment in rural North Dakota. The incentives were free housing, car, monthly allowances, extra bonuses etc. I spent 2.5 years there and it was one of the best things I’ve ever done. I was able to save $250k while I was up there; and the work experience looks gre...
by oilrig
Mon Aug 20, 2018 10:20 am
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 151
Views: 14951

Re: As an American, where are some great places in the world to retire?

My plan is to retire in San Juan, Puerto Rico where I’m originally from! Lots of pros for American retirees: Part of the US, English is widely spoken, US dollar, Direct flights to most major US cities, no passport required for people to visit you, cheap housing (plenty of $100k beach condos and dir...
by oilrig
Thu Aug 16, 2018 10:37 am
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 151
Views: 14951

Re: As an American, where are some great places in the world to retire?

My plan is to retire in San Juan, Puerto Rico where I’m originally from! Lots of pros for American retirees: Part of the US, English is widely spoken, US dollar, Direct flights to most major US cities, no passport required for people to visit you, cheap housing (plenty of $100k beach condos and dirt...
by oilrig
Tue Aug 14, 2018 3:12 pm
Forum: Personal Consumer Issues
Topic: Using Uber Without A Cellular Data Connection (UPDATE)
Replies: 25
Views: 2604

Re: Using Uber Without A Cellular Data Connection

I’ve done this exact same thing in Buenos Aires, Santiago, and Río de Janeiro. I’ve used Uber exclusively to get around South America and I just whatever WIFI signal I have from the air bnb, airport, hotel, restaurant, bar etc. Just be sure to stay in the WIFI area until the Uber arrives, then track...
by oilrig
Tue Aug 07, 2018 9:28 pm
Forum: Personal Consumer Issues
Topic: February warm weather vacation
Replies: 19
Views: 1605

Re: February warm weather vacation

Puerto Rico is fine to visit. I was there in January and it was fine then. It’s even better now, and for the most part you won’t be able to tell that there was a major hurricane last year. My mom was there a few weeks ago and she had an amazing time. It’s not the complete catastrophe that the media ...
by oilrig
Sun Aug 05, 2018 8:50 pm
Forum: Personal Consumer Issues
Topic: February warm weather vacation
Replies: 19
Views: 1605

Re: February warm weather vacation

You could go anywhere in the caribbean on that budget. I suggest Puerto Rico, USVI, or BVI. Or you could visit all 3 in one trip and go island hopping :) You can find lodging for $100/night or so and the meals wont break your bank. Trust me, you will have a much better time hanging out in the caribb...
by oilrig
Mon Jul 30, 2018 8:14 pm
Forum: Personal Consumer Issues
Topic: Best BBQ in San Antonio
Replies: 41
Views: 3030

Re: Best BBQ in San Antonio

Drive down about 60 miles from San Antonio to Lockhart, TX. It’s the capital of BBQ in Texas. Take your pick: Smittys, Blacks, Kreuz Market.
by oilrig
Mon Jun 25, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Career Burn Out: Should I quit high paying job and take a sabbatical?
Replies: 55
Views: 6989

Re: Career Burn Out: Should I quit high paying job and take a sabbatical?

I could get another job very easily with my experience and connections, but Im afraid that the same thing will happen and I will be unhappy and want to quit. Then perhaps you shouldn't be tying your happiness to your work. If you continue to do so, chances are good that you'll never be happy, regar...
by oilrig
Mon Jun 25, 2018 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Career Burn Out: Should I quit high paying job and take a sabbatical?
Replies: 55
Views: 6989

Re: Career Burn Out: Should I quit high paying job and take a sabbatical?

Quit your job and buy a plane ticket to Thailand. Live in a straw hut on the beach for $8 a day. I recommend Koh Chang. Come back and get a job again when you feel like it. I'm not joking. I love your suggestion and its very tempting! Is that something you have done in the past? Another thing that ...
by oilrig
Mon Jun 25, 2018 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Career Burn Out: Should I quit high paying job and take a sabbatical?
Replies: 55
Views: 6989

Re: Career Burn Out: Should I quit high paying job and take a sabbatical?

Thanks everyone for the replies! My plan for now is to try and stick it out until the end of the year so I can collect on the bonus and RSU payout. Meanwhile I will keep saving aggressively and adding to my stash. Also, if things don't improve I plan to have a talk with my boss and see if we can co...
by oilrig
Sun Jun 24, 2018 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Career Burn Out: Should I quit high paying job and take a sabbatical?
Replies: 55
Views: 6989

Re: Career Burn Out: Should I quit high paying job and take a sabbatical?

Does your manager have a reputation to be a micro manager with everyone or just you? If it’s just you there may be something you’re missing about yourself. Yes, as I’ve gotten to know the team they all don’t like her and it has created a very toxic work environment. She is very demeaning and condes...
by oilrig
Sun Jun 24, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Career Burn Out: Should I quit high paying job and take a sabbatical?
Replies: 55
Views: 6989

Re: Career Burn Out: Should I quit high paying job and take a sabbatical?

Thanks everyone for the replies! My plan for now is to try and stick it out until the end of the year so I can collect on the bonus and RSU payout. Meanwhile I will keep saving aggressively and adding to my stash. Also, if things don't improve I plan to have a talk with my boss and see if we can com...
by oilrig
Sat Jun 23, 2018 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Career Burn Out: Should I quit high paying job and take a sabbatical?
Replies: 55
Views: 6989

Re: Career Burn Out: Should I quit high paying job and take a sabbatical?

I apologize if I didn’t answer any other specific questions. But I work in the corporate office in a support function role (think IT, HR, finance etc). Also in my early 30’s.
by oilrig
Sat Jun 23, 2018 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Career Burn Out: Should I quit high paying job and take a sabbatical?
Replies: 55
Views: 6989

Re: Career Burn Out: Should I quit high paying job and take a sabbatical?

Also, I do not plan on putting these short term stints on my resume. If I take a sabbatical then I will try and find some consulting/part time work that I could put on my resume and bring in some extra income. I know I sound overly optimistic and I need to think about worst case scenarios, but I thi...
by oilrig
Sat Jun 23, 2018 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Career Burn Out: Should I quit high paying job and take a sabbatical?
Replies: 55
Views: 6989

Re: Career Burn Out: Should I quit high paying job and take a sabbatical?

In first blush, I don't like it. Bouncing around too many times with or without a "sabbatical" will make you look unprofessional. You must stay on a steady and sure plan if you want to save that 5+ mil. I am okay with finding a different job if you KNOW you can live with it for a few years, but it'...
by oilrig
Sat Jun 23, 2018 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Career Burn Out: Should I quit high paying job and take a sabbatical?
Replies: 55
Views: 6989

Re: Career Burn Out: Should I quit high paying job and take a sabbatical?

I'm not sure what to tell you. Did you like the first job of 4 years? Any chance to go back? Thanks for your comments and advice. Yes, I did like the job of 4 years, it was a big oil company so we had major layoffs the past few years as a result of the oil downturn. I would have stayed but there wa...
by oilrig
Sat Jun 23, 2018 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Career Burn Out: Should I quit high paying job and take a sabbatical?
Replies: 55
Views: 6989

Career Burn Out: Should I quit high paying job and take a sabbatical?

I am looking for advice or suggestions on what posters would do in my situation. For background purposes: I am early 30's, single, no kids, no debt and $460k net worth (The majority is liquid in taxable account: 3 fund portfolio, some individual stocks, and cash). So here's my situation; I am pretty...
by oilrig
Mon Jun 11, 2018 9:20 am
Forum: Personal Consumer Issues
Topic: The effect of a difficult last name on employment prospects...
Replies: 43
Views: 3837

Re: The effect of a difficult last name on employment prospects...

I will add my 2 cents. I have an extremely foreign and difficult sounding first and last name (Latino). I usually go by my nickname which is my first and middle initials, but I put it in parenthesis in my resume and email signature, and always include my hard to pronounce first name. I have switched...
by oilrig
Fri Jun 01, 2018 11:11 am
Forum: Personal Consumer Issues
Topic: Cheapest ways to watch NBA playoffs
Replies: 37
Views: 3263

Re: Cheapest ways to watch NBA playoffs

I was overseas for Rockets vs Warriors Game 7, my best/cheapest option was to watch the game on my laptop on NBA.com for $7.
by oilrig
Fri Jun 01, 2018 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Maximum to Spend on Rent
Replies: 9
Views: 1147

Re: Maximum to Spend on Rent

I make a similar salary to you and am 33. Im pretty frugal so I always try and go for the $800-1100 rent range (I live in Houston, relatively affordable). This leaves me with enough money to max out retirement accounts, save about $2500 per month in taxable accounts, and have enough money left over ...
by oilrig
Fri Jun 01, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Job Offer Negotiation: With HR or Hiring Manger (i.e. your future boss?)
Replies: 11
Views: 1138

Re: Job Offer Negotiation: With HR or Hiring Manger (i.e. your future boss?)

I currently work in HR for a megacorp and have worked for other megacops as well in HR. The process has always been that an HR or Compensation person comes up with a salary amount and then has to get it approved by the hiring manager and typically that managers boss as well. If the hiring manager th...
by oilrig
Mon May 21, 2018 4:31 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 209
Views: 13649

Re: how do you tip on wine at a restaurant

Had to laugh at some of the responses: - "20% is customary" - no, it's not. 15% is customary. 20% if you want, 25% if you want, but 15% is customary - "tip on the full amount including sales tax" - that's absurd. The government had nothing to do with the service. Tip on the pre-tax total. - "don't ...
by oilrig
Sun May 20, 2018 10:15 am
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 209
Views: 13649

Re: how do you tip on wine at a restaurant

So depending on the tip out practices at an establishment, a server pays that percentage out of his or her own pocket when a table tips substantially less than the assumed amount. The weird math of tipping less for a bottle of wine can essentially put the expense for your fine wine on the server. Y...
by oilrig
Fri May 18, 2018 6:30 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 209
Views: 13649

Re: how do you tip on wine at a restaurant

I worked as a waiter for 6 years in and out of college. I worked at several upscale restaurants where a lot of wine was sold. It was basically standard for most customers to tip 18-20% of the total tab, even if it included an expensive bottle of wine. I can’t remember a time where a customer tipped ...
by oilrig
Tue May 08, 2018 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Why Shouldn't I Buy McDonalds Or Coke?
Replies: 66
Views: 8909

Re: Why Shouldn't I Buy McDonalds Or Coke?

I will give a different opinion about not buying stock in Mcdonalds or Coke. I would avoid them because they have a dividend of 2.5-3.5%. That dividend is about the same as a Vanguard TSM fund or High Dividend Yield fund. You'd be better off just investing in the index funds, the dividend is about t...
by oilrig
Mon May 07, 2018 5:15 am
Forum: Personal Finance (Not Investing)
Topic: Resignation letter
Replies: 66
Views: 7193

Re: Resignation letter

In your wife’s case, her employer paying out unused vacation is probably more of a nice thing to do, as opposed to a legal requirement. She should talk to her HR rep immediately and ask if she will get paid out vacation whenever she leaves. Also, if she is that desperate to leave she might mention t...
by oilrig
Wed Apr 25, 2018 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: "How to Engineer your Layoff" book, has anyone read it?
Replies: 27
Views: 7017

Re: "How to Engineer your Layoff" book, has anyone read it?

Just to update my situation from the post above earlier in the year. I ended up getting a better offer elsewhere that paid me a sign on bonus plus a higher salary. So I volunteered for a severance package at my last company, received $52k to leave, then started work the following week at the next co...
by oilrig
Thu Apr 12, 2018 11:01 am
Forum: Personal Consumer Issues
Topic: Mid-40s in tech - how to pass off as acceptably young
Replies: 111
Views: 11824

Re: Mid-40s in tech - how to pass off as acceptably young

I interviewed a guy presumably in his 50's a few months ago. It was quite obvious he dyed his entire hair black and got a noticeable fake tan. He looked ridiculous. I understand maybe a slight dye job on the sides, but not the entire head. Natural is better.
by oilrig
Mon Apr 09, 2018 2:54 pm
Forum: Personal Consumer Issues
Topic: Is it very hard to learn Spanish?
Replies: 65
Views: 4976

Re: Is it very hard to learn Spanish?

I always equate trying to understand another spanish speaking country's accent as the same as an American english speaker trying to understand a fast talking Australian, or Scot, or someone from Jamaica. Heck a New Yorker trying to understand a cajun from deep south New Orleans might be impossible! ...
by oilrig
Thu Apr 05, 2018 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Asking for a raise/promotion with another offer in hand
Replies: 103
Views: 8169

Re: Asking for a raise/promotion with another offer in hand

Just a personal story to share. Twice in my career I have accepted counter offers to stay at 2 different companies. Those 2 companies never held it against me and practically begged me to stay. I eventually ended up leaving both companies, and they both tried to hire me back a year later into larger...
by oilrig
Wed Apr 04, 2018 3:36 pm
Forum: Personal Consumer Issues
Topic: Travel to Dominican Republic
Replies: 17
Views: 2048

Re: Travel to Dominican Republic

Another tip is USD is as widely accepted as the Dominican Peso. However, if you are outside of the resort shopping or eating at a restaurant, paying in dominican pesos will get you a cheaper rate than paying in USD. However, I just used USD or credit card everywhere I went for the convenience factor...
by oilrig
Wed Apr 04, 2018 8:47 am
Forum: Personal Consumer Issues
Topic: Travel to Dominican Republic
Replies: 17
Views: 2048

Re: Travel to Dominican Republic

I was just in Punta Cana and my top recommendation would be to book a day trip to Saona Island, you should be able to book through your resort. The beaches in DR/Punta Cana arent that great this time of year (lots of seaweed, windy, water is cold), but the beaches in Saona Island were amazing. It wa...
by oilrig
Wed Mar 21, 2018 4:10 pm
Forum: Personal Consumer Issues
Topic: Drink package on Royal Caribbean, worth it?
Replies: 73
Views: 8471

Re: Drink package on Royal Caribbean, worth it?

I did a Royal Caribbean cruise back last year and bought the alcohol drink package. It was definitely worth it for me and my family, as we like to drink a lot (we are Puerto Rican :) ) I remember calculating the cost of drinks per day/week and we came out ahead several hundred dollars compared to no...
by oilrig
Sun Feb 25, 2018 2:15 pm
Forum: Personal Consumer Issues
Topic: Value of an Elite MBA
Replies: 58
Views: 6437

Re: Value of an Elite MBA

Agree with the poster above. An MBA from Texas A&M will open a lot of doors in Houston and Dallas, but in California or New York probably not. Location matters.
by oilrig
Sat Feb 10, 2018 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: How does it make sense to buy a condo/house in Texas?
Replies: 97
Views: 7979

Re: Why would people buy condos/SFH in Texas?

Have you seen downtown on a Friday or Saturday night? Main Street is packed with bars and tons of people out and about. Downtown is the new hot spot and more people go out downtown than they do in midtown or any other nightlife district in Houston. Lots of people have misconceptions about living in...
by oilrig
Sat Feb 10, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: How does it make sense to buy a condo/house in Texas?
Replies: 97
Views: 7979

Re: Why would people buy condos/SFH in Texas?

Have you seen downtown on a Friday or Saturday night? Main Street is packed with bars and tons of people out and about. Downtown is the new hot spot and more people go out downtown than they do in midtown or any other nightlife district in Houston. Lots of people have misconceptions about living in...
by oilrig
Sat Feb 10, 2018 6:22 am
Forum: Personal Finance (Not Investing)
Topic: How does it make sense to buy a condo/house in Texas?
Replies: 97
Views: 7979

Re: Why would people buy condos/SFH in Texas?

I live in Houston. Rent is not magically cheaper here. There aren't any $700/month condos or lofts in downtown Houston. Maybe in the late 1990's. Also downtown Houston proper is pretty sparsely populated. Maybe 6 or 8 thousand folks actually live in the high rises around there. The adjacent neighbo...
by oilrig
Sat Feb 10, 2018 6:17 am
Forum: Personal Finance (Not Investing)
Topic: How does it make sense to buy a condo/house in Texas?
Replies: 97
Views: 7979

Re: Why would people buy condos/SFH in Texas?

Because they have 2 kids in school and want them to walk to school? Virtually nobody lives in downtown Houston. It is not like NYC nor San Fran. And property taxes are higher in New York on a square footage basis. I wonder if you are seeing investment properties used for AirBNB, Superbowls, NCAA to...
by oilrig
Sun Jan 28, 2018 11:15 am
Forum: Personal Consumer Issues
Topic: Your favorite beach vacation destination?
Replies: 64
Views: 6050

Re: Your favorite beach vacation destination?

My family is from Puerto Rico so Ive spent a lot of time in the Caribbean, Ive visited most of the islands there. My favorite beaches/islands are below.

Culebra and Culebrita (probably one of the most unknown and underrated beaches in the world)
Anguilla
St John
Jost Van Dyke
by oilrig
Sat Jan 27, 2018 12:52 pm
Forum: Investing - Theory, News & General
Topic: 401k millionaires
Replies: 158
Views: 26454

Re: 401k millionaires

My employer matches 8% in the 401k if the employee contributes 6%. Ive only started contributing within the past 3-4 years and only contributing 6% to get the full match. My 401k value is around 100k and Im in my early 30's. If I stay for another 30 years and start contributing the IRS max I should ...
by oilrig
Sat Jan 27, 2018 10:50 am
Forum: Personal Finance (Not Investing)
Topic: If you lost your job
Replies: 19
Views: 3041

Re: If you lost your job

I had to ponder this recently. My company was doing a round of layoffs and i volunteered for a severance package to take advantage of the generous Money that was being offered. I wanted to leave the company anyway so I saw this as a way to get paid to leave. Well the issue was I hadn’t found a job y...
by oilrig
Wed Jan 24, 2018 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Working in the real world
Replies: 118
Views: 10599

Re: Working in the real world

OP, if you want to make more money then you need to work for the industries that pay more money. For example, recent engineering grads at my company (large oil company) start out at $102k + 20% bonus + pension and other perks like sign ons and relocation bonuses. This is a pretty typical compensatio...
by oilrig
Wed Jan 17, 2018 11:26 am
Forum: Personal Finance (Not Investing)
Topic: "How to Engineer your Layoff" book, has anyone read it?
Replies: 27
Views: 7017

Re: "How to Engineer your Layoff" book, has anyone read it?

I havent read the book but I know the general themes and recently did something similar. I knew layoffs were coming at my company and I prepared myself by getting other job offers. When the time came to volunteer for a severance, I raised my hand and now I will be getting a $25-30k severance, a few ...
by oilrig
Mon Jan 15, 2018 5:01 pm
Forum: Investing - Theory, News & General
Topic: Best 401k Employer Match Structure
Replies: 132
Views: 13829

Re: Best 401k Employer Match Structure

My employer (a big oil company) matches $1.33 for every dollar up to 6%. Which basically comes out to if I put in 6%, they match 8%, also immediate vesting. We also have a generous pension plan vested after 5 years.
by oilrig
Sun Jan 14, 2018 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Uber experience as worker?
Replies: 16
Views: 1943

Re: Uber experience as worker?

MMM wrote a pretty detailed review of his experiment driving for Uber: http://www.mrmoneymustache.com/2017/11/22/mr-money-mustache-uber-driver/ FWIW, most drivers in my town drive for both Uber and Lyft and most report that they like Lyft better. They say Lyft treats their drivers in a more upfront...
by oilrig
Sun Jan 14, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Uber experience as worker?
Replies: 16
Views: 1943

Re: Uber experience as worker?

I drive for Uber part time and I love it. I drive a few nights per week after I get off from my full time job, I usually make about $40-50 a day driving for 2-3 hours. Is that after deducting your expenses? Yes, that is after deducting expenses. I drive a used, cheap, low mileage Acura that I paid ...
by oilrig
Sun Jan 14, 2018 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Uber experience as worker?
Replies: 16
Views: 1943

Re: Uber experience as worker?

I drive for Uber part time and I love it. I drive a few nights per week after I get off from my full time job, I usually make about $40-50 a day driving for 2-3 hours. You wont get rich driving for Uber, but its the perfect part-time job or retirement job because you can drive whenever you want. If ...
by oilrig
Tue Dec 12, 2017 9:15 am
Forum: Personal Consumer Issues
Topic: NBA Tickets
Replies: 24
Views: 1805

Re: NBA Tickets

I've found Craigslist, Stubhub, and Flashseats to be the best sites to purchase NBA tickets. Just go on each site and compare prices. Sometimes one site will have cheaper tickets than the other.