Search found 59 matches

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: 9761

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: 4050

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: 6582

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: 1463

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: 1463

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: 6611

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: 5622

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: 6583

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: 6583

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: 6583

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: 6583

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: 5275

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: 24055

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: 2665

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: 9069

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: 3
Views: 1386

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: 115
Views: 9867

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: 1707

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: 1707

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: 1707

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: 1572

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.
by oilrig
Sun Nov 19, 2017 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Why I am not happy even with OK Net Asset
Replies: 38
Views: 4054

Re: Why I am not happy even with OK Net Asset

I think certain people like you and I are wired differently. The need to always want more, to achieve greatness, the drive, the competitiveness, to have more money than 99% of the population. Do you think guys like Mark Cuban, Elon Musk, Michael Jordan would have been happy with a 1MM net worth at a...
by oilrig
Wed Nov 15, 2017 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Value of 401k Employer Match vs. Salary Equivalent
Replies: 34
Views: 3744

Re: Value of 401k Employer Match vs. Salary Equivalent

I would just forget about the potential tax savings and see it as dollar for dollar. For example if I'm making 100k with a 5% 401k company match, and I receive an offer with a 3% 401k company match, then I would view that as a 2k cash loss and would look for the company to offset that loss in base o...
by oilrig
Tue Nov 14, 2017 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: PayPal alternative?
Replies: 47
Views: 2887

Re: PayPal alternative?

I used paypal for years, then one day I noticed someone was withdrawing money from my Paypal account using my mother's name. I called customer service, and it was such a pain to correct the issue and they made me jump through hoops to suspend the account and get my money back. Years later I sign up ...
by oilrig
Mon Nov 13, 2017 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: What is the best app to use for trading stocks?
Replies: 7
Views: 859

Re: What is the best app to use for trading stocks?

You can google it and find a comparison of transaction fees for the various brokerage sites. Go for the cheapest one. Personally, I use Tradeking (now owned by Ally), it has the cheapest trade fees at $4.95 per trade. Most of the big brokerages were advertising $7-10/trade.
by oilrig
Tue Oct 31, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Early-retired 35 year old with $1 million
Replies: 198
Views: 20848

Re: Early-retired 35 year old with $1 million

I have thought about this a lot, I am 32 years old. If I were to do it, I would probably live off investments and drive for Uber or wait tables part time. You can easily make an extra $20-30k driving for uber part time, whenever you feel like it. Thats the route I would take if I was in your shoes.
by oilrig
Thu Oct 26, 2017 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Trying to get interview/ strange turn, what to think?
Replies: 19
Views: 2680

Re: What would you do to get an interview?

Yes, absolutely reach out to the hiring manager and the person you would report to. You have nothing to lose by doing this. If you are truly a perfect fit for the position, then the hiring manager will not mind you reaching out, even if the position has already been filled. The company may have some...
by oilrig
Wed Oct 18, 2017 10:14 am
Forum: Personal Consumer Issues
Topic: any good credit card sign up bonuses?
Replies: 15
Views: 1435

Re: any good credit card sign up bonuses?

As others have said, good means a lot of different things. However, if you are looking for a pretty solid reward with no minimum spend requirement, take a look at Barclays Aviator Red. 60k miles and all you have to do is pay the annual fee ($95) and make a single purchase with the card. Conservativ...
by oilrig
Wed Oct 18, 2017 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Multi-currency accounts for US citizen
Replies: 37
Views: 2141

Re: Multi-currency accounts for US citizen

Maybe an even simpler option would be to have him sign up for a credit card with no foreign transaction fees. That way he can travel to as many countries as he wants, and never have to worry about different currencies and transaction fees. Also, this gives him most value for his dollars and helps bu...
by oilrig
Wed Oct 18, 2017 9:52 am
Forum: Personal Consumer Issues
Topic: How did you rise into the Executive Ranks?
Replies: 19
Views: 4279

Re: How did you rise into the Executive Ranks?

BJC3 I may be in the minority here, but I say stay at your current company unless the pay is so much higher at the new company that its a no brainer to switch. Why leave your current job if you like it, are well paid, and being groomed for future exec roles? You may go to the new company and hate it...
by oilrig
Wed Oct 18, 2017 9:06 am
Forum: Personal Consumer Issues
Topic: Help with PR emergency prep: Water filter, Propane stove, etc.
Replies: 46
Views: 3447

Re: Help with PR emergency prep: Water filter, Propane stove, etc.

Just an FYI, my entire family lives in PR (dad, sister, aunts, uncles etc) and from what they tell me things are somewhat back to normal now. My sister started school again this week in Ponce. Apparently there are no more long lines for gas and the island is completely stocked for fuel now, from my ...
by oilrig
Wed Oct 18, 2017 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Multi-currency accounts for US citizen
Replies: 37
Views: 2141

Re: Multi-currency accounts for US citizen

For sake of simplicity, I think cashing the Euros and keeping the cash for future European trips is the best bet. Opening a multi-currency account just for 600 Euros doesn't seem like its worth the hassle.
by oilrig
Mon Oct 16, 2017 8:57 am
Forum: Personal Finance (Not Investing)
Topic: You career roots and your path to financial independence. "Actionable: steps and tips for others?
Replies: 56
Views: 6505

Re: You career roots and your path to financial independence. "Actionable: steps and tips for others?

I work for a big oil company and our mechanics, electricians, and other hourly skilled-labor folks who graduate with 2 years degrees come out of school making 6 figures + pensions + generous 401k plans.These kids are 20-22 right out of school making good money and typically make more than our entry...
by oilrig
Sun Oct 15, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: You career roots and your path to financial independence. "Actionable: steps and tips for others?
Replies: 56
Views: 6505

Re: You career roots and your path to financial independence. "Actionable: steps and tips for others?

I work for a big oil company and our mechanics, electricians, and other hourly skilled-labor folks who graduate with 2 years degrees come out of school making 6 figures + pensions + generous 401k plans.These kids are 20-22 right out of school making good money and typically make more than our entry ...
by oilrig
Fri Oct 06, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 6306

Re: Would you take a pay cut to work from home?

Pretty interesting article about remote working. Some interesting statistics: Remote Workers Lead to 25% Less Turnover, but the flip-side is remote employees with managers who work on site have 25 percent fewer career growth discussions than average. There are pros and cons for remote working for co...
by oilrig
Wed Oct 04, 2017 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: New job offer
Replies: 17
Views: 1625

Re: New job offer

I would not give notice to the current employer until you pass the physical, drug test, and background check with the new employer. Then, two weeks notice is proper and appropriate. The new employer should understand that (if not, it would be a red flag). This is the correct advice. DO NOT turn in ...
by oilrig
Wed Oct 04, 2017 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 6306

Re: Would you take a pay cut to work from home?

This was exactly the advice I was hoping for :) Unfortunately you make it sound like you came on here for affirmation, not advice. A little inconsiderate to the people with thoughtful advice you didn't want to hear. Sorry if it came across that way, that wasn't my intention. I came here to hear a v...
by oilrig
Wed Oct 04, 2017 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 6306

Re: Would you take a pay cut to work from home?

I would also do it but I've been a happy telecommuter for the last 15 years and cannot imagine going back to the office. Obviously things vary by company/industry but I have not found my telecommute status to limit my job prospects at all. I still get tons of calls from headhunters and recently too...
by oilrig
Wed Oct 04, 2017 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 6306

Re: Would you take a pay cut to work from home?

I think it goes to show you that everyone is different. Some people work better alone in a home environment, while others feed off the energy and communication of people next to them. Some early jobs right out of college I was working with people who were the same age as me and similar life circumst...
by oilrig
Tue Oct 03, 2017 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 6306

Re: Would you take a pay cut to work from home?

Thanks everyone for the responses. I love hearing everyone's take on this, negative or positive. I am completely aware of the lack of visibility at the office and the potential negative effects it might have on my career. If I take this role I plan on traveling to the corporate offices a few times e...
by oilrig
Mon Oct 02, 2017 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 6306

Re: Would you take a pay cut to work from home?

How quickly do you get your work done? Do you generally have downtime during the day where you aren't really *needing* to work, but are at your desk because you have to be? If you finish your current day's work by 4pm, can you leave, or do you have to sit there until you're "dismissed" at 5 or when...
by oilrig
Mon Oct 02, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 6306

Re: Would you take a pay cut to work from home?

OP, If I were your age, I would take a pay cut to work from home, but not one of that magnitude. Are you sure the new company isn't just low balling you? You said nothing about medical and dental, but that's important, too. Realize that if you are home all day, you will probably spend more on heati...
by oilrig
Mon Oct 02, 2017 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 6306

Re: Would you take a pay cut to work from home?

my monthly expenses are about 2k all in. Im able save to a lot of my income and bonuses. My rent is about $1050 per month. This might be veering slightly off topic but are you sure that you are only spending $950 a month on utilities, food, clothing, gas and car insurance and maintenance, cell phon...
by oilrig
Mon Oct 02, 2017 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 6306

Re: Would you take a pay cut to work from home?

I think you are on the right path thinks of multiple things here - you did not post your expenses to see how much 15-20k would 'hurt'. You also did not say what you do and whether it requires office/face to face presence. Otherwise - did you talk to powers that be at current place regarding remote ...
by oilrig
Mon Oct 02, 2017 7:11 am
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 6306

Re: Would you take a pay cut to work from home?

Thanks everyone for your insight. I’ll try and answer some of the comments. I agree with everyone that I have a good thing going right now and I should try and ride it out. However, that may not be an option. There’s more layoffs likely coming, and while my company may want to keep me they may not b...
by oilrig
Sun Oct 01, 2017 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 6306

Re: Would you take a pay cut to work from home?

OP - If you take the new job are you sure you won't miss being asked "how was your weekend?" 20+ times every Monday? :wink: Or its dreaded Friday cousin: "Any fun plans this weekend?" It sounds like you have your stuff together and have thought it through carefully. I agree with the others that the...
by oilrig
Sun Oct 01, 2017 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 6306

Re: Would you take a pay cut to work from home?

Delamer, they are similar plans. However, my current 401k plan immediately is vested on day one. The new plan is vested after 5 years. Thatsthe one part that is causing me to be hesitant about taking the new offer.
by oilrig
Sun Oct 01, 2017 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 6306

Re: Would you take a pay cut to work from home?

Sourc3, thanks for your insight. The pros you listed are exactly why I am looking forward to working remotely. I understand that I would feel the need to interact with others, which is why I would plan on meeting some friends and family that I know who work from home weekly whenever I feel the urge....
by oilrig
Sun Oct 01, 2017 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 6306

Re: Would you take a pay cut to work from home?

I agree with you, but most of the team I would be working with also work from home so it wouldn't just be me. I think this company allows other departments to work remotely as well. Also this job, while remote, would be more stable than my current oil and gas job where layoffs happen every year.
by oilrig
Sun Oct 01, 2017 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 6306

Would you take a pay cut to work from home?

So here is my situation: I am a 32 year old single male with about $360k net worth (401k, Roth, taxable account, cash, no mortgage since I rent a cheap apt), no debt. I have a good job that pays well, and has awesome benefits like a pension and 8% 401k match. However, for most of my career Ive reall...