Search found 69 matches

by Annabel Lee
Sat Sep 19, 2020 8:55 am
Forum: Investing - Theory, News & General
Topic: REITS no longer cheap
Replies: 101
Views: 16753

Re: REITS no longer cheap

While I like RE as an asset class, I find it challenging to dive into broader REIT indices because of the sheer diversity of the REIT segment including retail, multifamily, hotels and office properties that will continue to underperform until COVID-19 is better managed (or even better understood). I...
by Annabel Lee
Fri Sep 18, 2020 8:39 pm
Forum: Personal Consumer Issues
Topic: Pretending to enjoy sports for business/social reasons
Replies: 83
Views: 4673

Re: Pretending to enjoy sports for business/social reasons

Why does a CEO have time to play fantasy football? In my experience, some are maniacally focused on their business to the exclusion of all other interests. Also, some compete in Ironman triathlons. Some never miss their kids playing sports. Some have a few minutes a week to play fantasy football if...
by Annabel Lee
Fri Sep 18, 2020 6:57 pm
Forum: Personal Consumer Issues
Topic: Pretending to enjoy sports for business/social reasons
Replies: 83
Views: 4673

Re: Pretending to enjoy sports for business/social reasons

Personally I don't follow any pro or college sports, but absorb some of what's happening by osmosis through my brothers and friends. Luckily I don't have a job in which I need to schmooze much if at all. If it's not part of the job description, I wouldn't waste a second of my time on it. And why ju...
by Annabel Lee
Fri Sep 18, 2020 6:53 pm
Forum: Personal Consumer Issues
Topic: Pretending to enjoy sports for business/social reasons
Replies: 83
Views: 4673

Re: Pretending to enjoy sports for business/social reasons

Love sports. Have zero time to follow them. If you have to know what’s going on for purposes of work conversation, watching 5 minutes of ESPN News is a life hack. So is following ESPN or sports meme accounts on Instagram. Pre-COVID, I spent the better part of a 3-hour dinner with a CEO comparing not...
by Annabel Lee
Thu Sep 17, 2020 12:40 am
Forum: Personal Consumer Issues
Topic: Coping with Megacorp rat race
Replies: 168
Views: 15657

Re: Coping with Megacorp rat race

I'm 32 working for a Megacorp and I'm feeling burned out. Kind of exhausted from all the smoke and mirrors... sleight of hand actions. I've thought of getting a new job, but fear of the unknown and current compensation keeps me here. Then I have thoughts that I should be grateful to have a job. How...
by Annabel Lee
Thu Sep 17, 2020 12:33 am
Forum: Personal Consumer Issues
Topic: Coping with Megacorp rat race
Replies: 168
Views: 15657

Re: Coping with Megacorp rat race

Want to make a lot of money in the corporate world? Figure out how to be an excellent leader of people. Lots of posters in this thread are talking about their credentials, IQ, technical skills, and experience, but no mention of "EQ" or how they build and develop relationships with key stakeholders....
by Annabel Lee
Thu Sep 10, 2020 9:30 pm
Forum: Personal Consumer Issues
Topic: Office space
Replies: 23
Views: 2031

Re: Office space

Mostly good suggestions in this thread.

Making the mesh WiFi purchase this weekend and carving out some space upstairs vs. going external. At least for now.

Thanks all.
by Annabel Lee
Thu Sep 10, 2020 9:22 pm
Forum: Personal Investments
Topic: What to do, if anything, about a single stock (XOM)
Replies: 15
Views: 1409

Re: What to do, if anything, about a single stock (XOM)

I bought some XOM in March. It's a turd. I should sell it and I advise you to do that. Don't get emotionally attached to it. I'm not selling mine, because I'm just going to rage-hold it until it goes up, come hell or high water. I bought a trivial amount so this sort of emotional silliness from me ...
by Annabel Lee
Mon Sep 07, 2020 2:43 pm
Forum: Personal Consumer Issues
Topic: Office space
Replies: 23
Views: 2031

Office space

I’ve made it through 6 months of COVID-induced working from home; though it’s been a challenge with two young kids also learning from home - and playing, eating, screaming, pretending and occasionally fighting from home. I‘ve generally been working from my kitchen table, living room (Zoom calls) or ...
by Annabel Lee
Sun Sep 06, 2020 12:12 pm
Forum: Personal Investments
Topic: Wife is "forcing" me to buy stock(s)
Replies: 112
Views: 8710

Re: Wife is "forcing" me to buy stock(s)

I think some of you guys are just overthinking this, and quite pessimistic. What I hoped for a fun little discussion some have turned it into, "She's going to have a gambling problem." Also, tibbitts, it's just a fun little game, it's not a prequel to a divorce +1. Several excellent ideas on this t...
by Annabel Lee
Thu Sep 03, 2020 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Getting out of a recently purchased condo
Replies: 32
Views: 4995

Re: Getting out of a recently purchased condo

I'd consider being proactive on the foundation issue. Get a couple of foundation repair companies to write up estimates on a repair. As necessary, get a civil engineer involved. They'll often do an initial verbal report, and as needed they'll supply a written report. Once you know the cost of the r...
by Annabel Lee
Thu Sep 03, 2020 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Getting out of a recently purchased condo
Replies: 32
Views: 4995

Re: Getting out of a recently purchased condo

Wow - this is a rough situation. As usual the BH community has come through with good suggestions. Here’s another one for consideration: a very good real estate agent I know once told me that when selling a property, you need to take into account (and try to eliminate) dealbreakers that will cause p...
by Annabel Lee
Tue Sep 01, 2020 9:24 pm
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 211
Views: 33211

Re: For those with $500k-$1m in investments...

inmymind wrote: Thu May 18, 2017 11:47 am 40 / 60

Mid 30s. Max out tax adv. space and add to taxable when I can.
+1. 40% taxable, 60% tax-advantaged. Same age range, same strategy.

3 years ago: 0% taxable, 100% tax-advantaged. Then I opened a Vanguard account...
by Annabel Lee
Sun Aug 30, 2020 6:03 pm
Forum: Personal Consumer Issues
Topic: So, I was playing Pickleball and Amazon sent me an offer
Replies: 87
Views: 7250

Re: So, I was playing Pickleball and Amazon sent me an offer

It wasn't a coincidence. Surveillance Capitalism. https://www.amazon.com/Age-Surveillance-Capitalism-Future-Frontier/dp/1610395697/ref=nodl_ Only slightly ironic that the Amazon link to Surveillance Capitalism was shared on this thread. I’m sure we’ll all see ads for the book now that we’ve read th...
by Annabel Lee
Sat Aug 29, 2020 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Should I quit high paying job?
Replies: 76
Views: 8493

Re: Should I quit high paying job?

290k a year, would let my boss yell, and call me any name he wants, would actually encourage it :D while sacking that cash. Easier said than done Also see post up thread. We don’t know if it’s $154k in RSUs vesting this year, or $154k in RSUs vesting over time. There’s a big difference between $290...
by Annabel Lee
Sat Aug 29, 2020 2:39 am
Forum: Personal Finance (Not Investing)
Topic: Should I quit high paying job?
Replies: 76
Views: 8493

Re: Should I quit high paying job?

Important clarification: do you have $154k in RSUs vesting this year, $154k in RSUs vesting over time, or did you get $154k in new RSUs this year? If the first, what was your grant value this year? I know you said the grants are declining y/o/y. Anyway, why not interview at a firm that has announced...
by Annabel Lee
Wed Aug 12, 2020 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice
Replies: 88
Views: 7988

Re: Career advice

I would not involve my former boss in any meetings with my current management, nor try to "litigate" this by dredging up email "evidence" to try to prove or disprove a particular point. These issues are not point - counterpoint type of discussions. I'd directly ask my boss' boss if the best solutio...
by Annabel Lee
Wed Aug 12, 2020 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice
Replies: 88
Views: 7988

Re: Career advice

Thank you. Yes. I called in today a little too distraught And emotional to work. I reread and worked on a response and will run it by my former boss. I will set up another meeting with the head HR director and my new boss’s boss and my old boss. I will not include the new boss. I have verified a lo...
by Annabel Lee
Tue Aug 04, 2020 7:51 am
Forum: Personal Finance (Not Investing)
Topic: I was recently given a 14% raise and...
Replies: 47
Views: 6594

Re: I was recently given a 14% raise and...

Apologies for the "humble brag" post, but I learned megacorp is giving me a 14% raise which is set to take effect next month, which will translate to a little under $1k/mo incremental net after taxes. Which surprised me as I know most companies are hoarding cash and furloughing/laying off, so I was...
by Annabel Lee
Tue Jul 28, 2020 9:10 am
Forum: Personal Finance (Not Investing)
Topic: We are planning a lifestyle move to a new city in five years and would like to get your take.
Replies: 30
Views: 3635

Re: We are planning a lifestyle move to a new city in five years and would like to get your take.

Why not do this now? You have $1MM in retirement accounts in your mid 30s which is outstanding. It sounds like you don’t have kids and aren’t planning on having them. It also sounds like your jobs are portable now (and might not be in the future). Having lived in both CA and the Midwest, the tax bur...
by Annabel Lee
Sat Jul 25, 2020 12:42 am
Forum: Personal Finance (Not Investing)
Topic: Job change advice request
Replies: 8
Views: 894

Re: Job change advice request

Is the new role 20% higher comp than your pre-COVID base, or 20% higher than your adjusted number? Either way... Take the new job. I can see your hesitation based on ESOP and retention bonus, but a) 36 months is a long time to wait for a relatively low percentage of salary, b) the retention bonus is...
by Annabel Lee
Tue Jul 21, 2020 9:04 pm
Forum: Investing - Theory, News & General
Topic: beginning of end of tech outperformance - linkedin to layoff 6%
Replies: 53
Views: 4707

Re: beginning of end of tech outperformance - linkedin to layoff 6%

Is there any evidence that the LinkedIn staffers who were laid off served exclusively tech customers? If not, then what is the evidence that this is a “tech” canary in the coal mine? It makes more sense that the lay-offs impacted those selling LinkedIn to old-economy customers like travel & hospita...
by Annabel Lee
Mon Jul 06, 2020 10:34 pm
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 477
Views: 61655

Re: What lifestyle creep made you happier?

These arrived today. I’m so happy. Only $8, but still an upgrade over the old air valve caps (and thus lifestyle creep)... https://www.amazon.com/EVPRO-Tire-Valve-Black-Accessories/dp/B07WQN3TX8/ref=asc_df_B07WQN3TX8/?tag=hyprod-20&linkCode=df0&hvadid=385644192904&hvpos=&hvnetw=g&hvrand=156439132030...
by Annabel Lee
Mon Jul 06, 2020 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Lots of changes at work. How best to proceed?
Replies: 18
Views: 2648

Re: Lots of changes at work. How best to proceed?

Congrats on an outstanding sales year. You should start aggressively interviewing based on everything you’ve written. Not the least of which is a max sales incentive which is incredibly demotivating to top performers. By the way, when you go to your leadership with an offer in hand, expect to be cou...
by Annabel Lee
Sat Jul 04, 2020 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Manager vs. Direct report salary issues
Replies: 151
Views: 10422

Re: Manager vs. Direct report salary issues

Sharing a counterpoint here from experience, as the OP sounds savvy - and as it also doesn’t sound like they are in a “managing rockstar technical ICs” situation where compensation differences are to be expected. This happened to me in my 20s. I went from managing a dotted-line group of onshore/offs...
by Annabel Lee
Mon Jun 01, 2020 9:51 pm
Forum: Investing - Theory, News & General
Topic: Should one permanently reduce REITs/RE because of COVID-19?
Replies: 18
Views: 2388

Re: Should one permanently reduce REITs/RE because of COVID-19?

Certainly some cyclicality, but... Take a look at all of the different types of REITs out there: https://en.m.wikipedia.org/wiki/List_of_public_REITs_in_the_United_States I see long-term upside in data centers, telecom and to an extent residential REITs (to the extent they focus on long term growth ...
by Annabel Lee
Wed May 27, 2020 6:56 am
Forum: Investing - Theory, News & General
Topic: Why is the stock market up? [thread multi-merge]
Replies: 521
Views: 21505

Re: 40m Unemployment Claims - I Don’t Understand Why Markets Seem To Not Care

Agree with comments re: sector specific impacts being harder than the overall market. Not an expert on individual stocks and am about 50-50 on historically predicting trends... With that caveat, doesn’t the next wave of this hit banks that are heavy into personal lending / focused on the country’s m...
by Annabel Lee
Sat May 16, 2020 5:11 pm
Forum: Personal Investments
Topic: Portfolio Question: can we achieve our FIRE goal by age 40?
Replies: 26
Views: 1832

Re: Portfolio Question: can we achieve our FIRE goal by age 40?

I think you can make this happen. You’re off to a great start. One thing many in the thread are neglecting is that depending on professions, your incomes will likely not be static in 5-7 years — as they increase from already healthy figures today, you can really begin to make progress on FI. Again d...
by Annabel Lee
Sun May 03, 2020 8:31 pm
Forum: Investing - Theory, News & General
Topic: When to sell low? Buffett sells entire airline stake
Replies: 81
Views: 11846

Re: When to sell low? Buffett sells entire airline stake

If I had one holdout I would have perhaps held on to Southwest (Southwestern). Like its European copycat Ryanair that is an amazing business. Careful what you buy. LUV is more dependent on business travel than ever before and the super cheap fare deals are fewer and further between, at least pre-‘R...
by Annabel Lee
Wed Apr 22, 2020 2:15 pm
Forum: Personal Consumer Issues
Topic: BMW X5 - advice on purchase
Replies: 49
Views: 3129

Re: BMW X5 - advice on purchase

There's a reason why you lease German cars. I like BMWs from a look perspective and I'm sure many of their performance models (not their bread and butter sorority sister 3-series models) are a thrill to drive.... but I've never heard a good thing about their reliability. My CPO 330i xDrive is a bla...
by Annabel Lee
Thu Apr 09, 2020 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One QuickSilver credit card limit
Replies: 36
Views: 1921

Re: Capital One QuickSilver credit card limit

I think I started with a $25k limit which went up (unrequested) to $30k. they increased it without asking from 25k to 50k Blanking blanked blank. Seriously? I am also a home owner. Maybe my age??? I'm early 30s. My other 2 cards have $18,000 & $25,000 limits. I had to literally beg for an increase ...
by Annabel Lee
Thu Apr 09, 2020 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One QuickSilver credit card limit
Replies: 36
Views: 1921

Re: Capital One QuickSilver credit card limit

Really strange. Quicksilver for 4 years, first Capital One card though I had the 360 account. Got it when living abroad, probably going to start using it more now that my Sapphire bonus came through. I think I started with a $25k limit which went up (unrequested) to $30k. 800+ credit score, six figu...
by Annabel Lee
Sun Mar 22, 2020 8:20 pm
Forum: Investing - Theory, News & General
Topic: Young investors, how do you feel about your 1st market crash?
Replies: 132
Views: 9196

Re: Young investors, how do you feel about your 1st market crash?

Legitimate question: does Dow 10,000 (or lower) change the relatively sanguine responses to this thread so far? Genuinely curious as to if this is a point-in-time thread or if a 70% drop from market heights would change minds. While priority is obviously staying healthy and staying concerned for fam...
by Annabel Lee
Fri Jan 31, 2020 9:16 pm
Forum: Personal Consumer Issues
Topic: How to decide a job change from Chicago to Houston?
Replies: 52
Views: 2943

Re: HOw to decide a job change from Chicago to Houston?

If you prefer to travel out of Houston, be aware that your international travel options are better out of, say, Cincinnati, than Houston. It’s a major city that is sort of a travel dead end. This couldn’t be less true. Houston is a megahub for United and you can get anywhere in the world from there...
by Annabel Lee
Wed Jan 15, 2020 9:22 pm
Forum: Personal Consumer Issues
Topic: Chicago 'special occasion' but not 'expense account' restaurant recommendations?
Replies: 54
Views: 3725

Re: Chicago 'special occasion' but not 'expense account' restaurant recommendations?

Chicago Chop House is a very dependable Steak house setting and right next door is the Redhead Piano Bar, so this is a nice one stop recommendation. theredheadpianobar.com There are many outstanding recommendations in this thread. This is not one of them. The clientele at the Chop House is almost e...
by Annabel Lee
Sun Jan 05, 2020 11:40 am
Forum: Personal Investments
Topic: Pulling the Retirement trigger in a year - Sanity Check
Replies: 11
Views: 1608

Re: Pulling the Retirement trigger in a year - Sanity Check

Congratulations! If I were in your position at 65, I’d be done working now, even with the goal of purchasing a new home. The pension and SS combined income place you in an enviable financial position once you pull this lever and you have strong savings outside of this. Re the new place: money is che...
by Annabel Lee
Wed Jan 01, 2020 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 shaking up savings accounts
Replies: 61
Views: 23009

Re: Capital One 360 shaking up savings accounts

Just saw this further interest rate decline from 1.7 to 1.5 as well with no notification - super shady. Don’t really see a reason to keep this account open; presuming the rates will continue to go in the wrong direction (of course, the incredibly slow fulfillment times for transfers continue as well...
by Annabel Lee
Sat Dec 14, 2019 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Gifts to your employees- how much?
Replies: 113
Views: 7407

Re: Gifts to your employees- how much?

I received a significant ($1k+) personal check from a CEO.

I received a $9 bottle of wine from another CEO.

YMMV.
by Annabel Lee
Sat Dec 14, 2019 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Xfinity cost comparison?
Replies: 30
Views: 1907

Xfinity cost comparison?

Wanted to get a sense of what other BHs are paying Xfinity for monthly internet. Our rates which were stable at $80/mo (for 300 mbps) have jumped suddenly without notice or explanation to $102/month and I wanted to get a sense of what others are paying before I call, threaten to cancel, negotiate do...
by Annabel Lee
Mon Nov 25, 2019 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Severance Negotiation - what is reasonable
Replies: 59
Views: 4362

Re: Severance Negotiation - what is reasonable

Background - 20 years as parts manage at local RV place. 20 years and 3 days, gentleman was laid off saying the company is going a different direction. Just commenting on the proliferation of corporate horseshit, even down to the local RV dealership. “Going in a different direction,” so they don’t ...
by Annabel Lee
Fri Nov 08, 2019 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Corporate ladder advice
Replies: 8
Views: 1254

Re: Corporate ladder advice

Congratulations on the start of your leadership training! I am a senior leader at a megacorp (top 2,000?) but not as senior as my boss (top 200) or his boss (top 20). Also mid 30s. I probably have more questions than answers about climbing the corporate ladder because each level gets more and more c...
by Annabel Lee
Sat Oct 19, 2019 12:29 pm
Forum: Personal Consumer Issues
Topic: Any experiences (good/bad) with EasyJet for EU travel?
Replies: 24
Views: 2031

Re: Any experiences (good/bad) with EasyJet for EU travel?

Both EasyJet and Austrian are good airlines. But for this price difference, you’ll find me on EasyJet every time. Have flown quite a bit on EasyJet out of both Gatwick and Stansted to Barcelona, Prague, Madrid, Amsterdam and more with 100% on time performance and no operational issues whatsoever. I ...
by Annabel Lee
Sun Oct 13, 2019 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Managing the pressure?
Replies: 20
Views: 5109

Re: Managing the pressure?

I thrived in a similar role. Some new suggestions: - Connect with, provide value to, and make things easier for the executive assistants if you can. This investment will pay back tenfold. They’re there to make the senior leaders more effective and so are you. They’ll help you understand the lay of t...
by Annabel Lee
Fri Sep 27, 2019 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Convince me not to raid my Roth to buy first condo
Replies: 46
Views: 3559

Re: Convince me not to raid my Roth to buy first condo

Goal33 wrote: Fri Sep 27, 2019 7:32 pm Let’s say you’re definitely buying so the advice to not buy is not helpful. My advice would be to take a loan where you can put 10% down.
So I’m clear on this, it’s better to pay PMI for 5 years (in addition to a healthy PITI amount) as long as you avoid raiding the Roth?
by Annabel Lee
Sun Aug 18, 2019 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Selective Colleges
Replies: 339
Views: 21721

Re: Selective Colleges

I’ve read this thread with interest - both on behalf of my high-achieving kids and also with my own experience in mind. For what it’s worth, similar age and income to HEDGEFUNDIE, though I went to a mid-tier private school. Random thoughts typed quickly while on vacation with my family: - I missed t...
by Annabel Lee
Mon Jul 22, 2019 7:30 am
Forum: Personal Finance (Not Investing)
Topic: Potential New Job
Replies: 13
Views: 1776

Re: Potential New Job

Yeah, if you're willing to bet on yourself at all, you take the new job. Ability to design a new organization, significant raise, reduced commute and proximity to your family, more control over your day to day. What's not to like? Vacation? Presumably you're negotiating with a CEO who views vacation...
by Annabel Lee
Fri Jul 19, 2019 4:15 pm
Forum: Personal Consumer Issues
Topic: Month in London with family - where to stay economically?
Replies: 4
Views: 790

Month in London with family - where to stay economically?

I have the need to be in London for one month in the near future as I work to set up a new venture. I'm bringing my family with me and would love for them to be able to enjoy the city while I am working. However, a 30 day stay in London has the potential to break the bank. We're looking at AirBnB et...
by Annabel Lee
Thu Jul 11, 2019 11:59 am
Forum: Personal Consumer Issues
Topic: Avoid MD-88s [commercial aircraft]?
Replies: 61
Views: 4083

Re: Avoid MD-88s [commercial aircraft]?

I flew exceptionally maintained 40-year-old DC-9s all over the country while growing up and then starting my career. Delta is absolutely top notch (as is AA - do they have any Mad Dogs left?). There hasn't been a maintenance-related crash of a commercial aircraft in the United States in... well over...
by Annabel Lee
Wed Jun 12, 2019 3:55 pm
Forum: Personal Consumer Issues
Topic: Careers that combine art/design and science?
Replies: 36
Views: 1902

Re: Careers that combine art/design and science?

This was my first thought and is a significant Megacorp trend, now and over the next few years. https://www.ideou.com/blogs/inspiration/what-is-design-thinking It doesn't necessarily fit the reserved, lock yourself in an office personality profile -- but you'll start to see more and more roles like ...